Edelweiss Overnight Fund Direct - Growth

Q: What are the returns of Edelweiss Overnight Fund?

The Edelweiss Overnight Fund is a 6 yrs old fund and has delivered average annual returns of 5.04% since inception. Edelweiss Overnight Fund Returns 1-Year 3-Year 5-Year Since Inception 6.25% 6.39% 5.16% 5.04%

NAV as of Jul 21, 2025	Returns since inception	ET Money Rank	AUM (Fund size)
₹1343.9846+0.01% 1 day change	5.04% p.a.	#NA View Ranked Funds	₹191 Cr

Historical NAV & returns

NAV: ₹1343.9846 as on Jul 21, 2025

This fund Category average

Edelweiss Overnight Fund overview

Expense ratio	0.11% as on May 31, 2025
Exit load	0%
AUM (Fund size)	₹191 Cr
Lock-in Period	Nil
Age	6 yrs since Jul 23, 2019
Benchmark	CRISIL Liquid Overnight Index
Min. investment	SIP: ₹500 & Lumpsum: ₹5000
Risk	Low
Tax on your gains	Profits are added to your income and taxed as per your slab rate

Edelweiss Overnight Fund Returns calculator

Investment type

Monthly investment

₹ 10,000

Investment period

Lumpsum investment

₹1 lakh

Investment period

Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments are subject to market risk, read all scheme related documents carefully. Past performance is not an indicator of future returns.

Total investment ₹ 12 lakh
Profit ₹12 lakhs
Total corpus ₹1 lakh
Absolute return 52.69%

Trailing returns as on Jun 01, 2025

Period	This fund	Category average
1 Month	0.36%	0.36%
3 Months	1.34%	1.36%
6 Months	2.89%	2.92%
1 Year	6.25%	6.3%
2 Years	6.51%	6.56%
3 Years	6.39%	6.44%
4 Years	5.67%	5.72%
5 Years	5.16%	5.2%

Asset allocationas on Apr 30, 2025

Large Cap 0%

Mid Cap 0%

Small Cap 0%

Other Cap 0%

Top holdings

Bifurcation by Holding is not available for this fund

Top sectors

Bifurcation by Sector is not available for this fund

Cash & Call Money 100.0%

Top Debt Holdings

Reserve Bank of India 2.36%

Others 2.05%

Allocation by Instruments

Reverse Repo 68.07%

CBLO 31.72%

Net Receivables 0.1936%

Cash 0.0164%

Other Holdings

Others 95.48%

Peer comparison

Fund name	ETM Rank	AUM	Fund age	Expense ratio
Edelweiss Overnight Fund	N.A.	191 Cr	6 yrs	0.11%
Mirae Asset Overnight Fund	N.A.	1,010 Cr	5 yrs 9 m	0.07%
HSBC Overnight Fund	N.A.	2,602 Cr	6 yrs 2 m	0.06%
PGIM India Overnight Fund	N.A.	40 Cr	5 yrs 11 m	0.14%
Bank of India Overnight Fund	N.A.	72 Cr	5 yrs 5 m	0.09%

Fund name	1M	6M	1Y	3Y	5Y	10Y
Edelweiss Overnight Fund	0.36%	2.89%	6.25%	6.39%	5.16%	N.A.
Mirae Asset Overnight Fund	0.36%	2.93%	6.32%	6.47%	5.24%	2.91%
HSBC Overnight Fund	0.36%	2.93%	6.32%	6.46%	5.23%	3.11%
PGIM India Overnight Fund	0.35%	2.92%	6.3%	6.44%	5.21%	2.97%
Bank of India Overnight Fund	0.37%	2.98%	6.41%	6.53%	5.29%	2.8%

Fund name	Std. deviation	Beta	Sharpe	Sortino
Edelweiss Overnight Fund	0.15	0.17	-0.75	-0.94
Mirae Asset Overnight Fund	0.15	0.17	-0.25	-0.3
HSBC Overnight Fund	0.15	0.17	-0.34	-0.44
PGIM India Overnight Fund	0.14	0.17	-0.46	-0.56
Bank of India Overnight Fund	0.15	0.17	0.16	0.17

View all Overnight funds

Key risk & return ratios Compared to other funds in the category

Alpha	0.21 vs. 1.37 Underperformed at beating benchmark
Sharpe	-0.75 vs. 1.25 Poor risk-adjusted returns
Beta	0.17 vs. -0.12 More sensitive to market's ups & downs
Standard deviation	0.15 vs. 0.09 More volatile performance

Compare Edelweiss Overnight Fund in detail with

About this fund

About Edelweiss Overnight Fund

Edelweiss Overnight Fund Direct - Growth is a Overnight mutual fund scheme from Edelweiss Mutual Fund. This fund has been in existence for 6 yrs, having been launched on 23/07/2019. Edelweiss Overnight Fund Direct - Growth has ₹191 Crores worth of assets under management (AUM) as on 30/04/2025 and is medium-sized fund of its category. The latest Net Asset Value (NAV) of Edelweiss Overnight Fund Direct - Growth as of 21/07/2025 is ₹1343.98. The fund has an expense ratio of 0.11%, which is close to what most other Overnight funds charge.

Edelweiss Overnight Fund Direct - Growth returns of last 1-year are 6.26%. Since launch, it has delivered 5.05% average annual returns.
Edelweiss Overnight Fund Direct - Growth scheme's ability to deliver returns consistently is in-line with most funds of its category. Its ability to control losses in a falling market is below average.
The fund's top holdings are in Reserve Bank of India.

...

Fund AUM	191 Cr as on Apr 30, 2025
Scheme document	View Scheme Document

Fund managers

Pranavi Kulkarni

Ms. Kulkarni is a BE Computer Science, MBA Finance Prior to joining Edelweiss Mutual Fund, she has worked with CRISIL Ltd. and Yes Bank.

Hetul Raval

Mr. Hetul Raval has completed his MMS in Finance. Prior to joining Edelweiss Mutual Fund, he has worked with A. K. Capital Finance Ltd., A.K. Stockmart Pvt. Ltd. and Kotak Mahindra Bank Ltd.

Investment objective

The scheme seeks to generate returns commensurate with risk of investments in overnight instruments.

Edelweiss Mutual Fund details

No. of schemes	52 view all schemes
Total AUM	1,70,255 Cr as on Jun 30, 2025
Address	Edelweiss House Off C.S.T. Road, Kalina Mumbai, 400098
Phone	+91 22 4093 3400

More funds from Edelweiss Mutual Fund

Fund name	ETM Rank	AUM	1Y	3Y
Edelweiss CRISIL IBX 50:50 Gilt Plus SDL April 2037 Index Fund	N.A.	1,065 Cr	10.83%	N.A.
BHARAT Bond FOF - April 2031	N.A.	4,829 Cr	10.27%	9.03%
BHARAT Bond ETF FOF - April 2032	N.A.	4,544 Cr	10.9%	8.92%
Edelweiss Government Securities Fund	N.A.	178 Cr	8.63%	8.6%
BHARAT Bond FOF - April 2030	N.A.	9,768 Cr	10.1%	8.57%
Edelweiss Banking and PSU Debt Fund	N.A.	266 Cr	9.7%	8.19%

See all Debt funds from this AMC

Frequently asked questions

What is the current NAV of Edelweiss Overnight Fund?

The current Net Asset Value (NAV) of the Edelweiss Overnight Fund - Direct Growth plan is approximately ₹1343.9846 as of Jul 21, 2025.

What are the returns of this mutual fund scheme?

The Edelweiss Overnight Fund is a 6 yrs old fund and has delivered average annual returns of 5.04% since inception.

Edelweiss Overnight Fund Returns

1-Year	3-Year	5-Year	Since Inception
6.25%	6.39%	5.16%	5.04%

How much does this mutual fund charge as expense ratio?

The Edelweiss Overnight Fund - Direct Growth has an expense ratio of 0.11%, which reflects the fund's management and operating costs. This percentage is subtracted from the fund's annual returns, impacting net returns for investors.

What is the AUM or fund size of this mutual fund?

The Edelweiss Overnight Fund currently has assets under management (AUM) or fund size valued at approximately 191 Cr as on Apr 30, 2025.

To whom does Edelweiss Overnight Fund lend to?

The top 3 debt holdings of Edelweiss Overnight Fund are as follows

Holding Name	Percentage of Portfolio
Reserve Bank of India	2.36%
Others	2.05%

What is the quality of borrowers this mutual fund scheme lends to?

The credit rating of the instruments in which the fund invests represents the quality of the borrower.

The Edelweiss Overnight Fund allocation by credit quality is given below

Credit Quality	Percentage of Portfolio
Cash & Call Money	100.0%

What is risk level of Edelweiss Overnight Fund?

This is a Overnight fund comes with Low risk.

Is there any lock-in period in this mutual fund?

No, this fund does not have any lock-in period.

How do I invest in Edelweiss Overnight Fund?

It is very fast, easy, and completely paperless in this mutual fund scheme on ET Money. It is just a matter of a few minutes. Here's how:

For the Desktop Version:

Click on the "Invest Now" button at the top right, then scan the QR code to download the app.

For the Mobile Version:

Click on the "Invest on App" button at the bottom to download the app.
Once the app is downloaded:
Sign-up and complete your one time KYC process, or log in if you're already registered.
Search for Edelweiss Overnight Fund and choose the investment mode (Lump sum investment or a SIP). Then, enter your investment amount.
Fill in additional required details, including the bank account you'll use for payment, and confirm.

All set! Your investment in Edelweiss Overnight Fund is complete.

How can I redeem my investments in Edelweiss Overnight Fund?

Redeeming your investments in Edelweiss Overnight Fund is super easy. If you have invested in this fund via ET Money, just login into the app, go to the investment section and put the redemption request.

If you have invested in Edelweiss Overnight Fund from anywhere else, you can go to the fund house website and put a request through it.

ET Money rank

in Overnight

#NA

Volatility Protection: This fund is one of the best in protecting against volatility in it's category.
Return Outperformance: This fund has generated highest return amongst Overnight funds in the last 5 Years.
Exit Load: This fund has no exit load.
Return Consistency: This fund ranks lower in terms of generating consistent return in it's category.
Return/Risk: The fund is performing poorly than its category.