Edelweiss Overnight Fund Direct - Growth

Q: What are the returns of Edelweiss Overnight Fund?

The Edelweiss Overnight Fund is a 5 yrs 9 m old fund and has delivered average annual returns of 5.03% since inception. Edelweiss Overnight Fund Returns 1-Year 3-Year 5-Year Since Inception 6.5% 6.29% 5.04% 5.03%

NAV as of Apr 23, 2025	Returns since inception	ET Money Rank	VRO Ratings
₹1326.3857+0.02% 1 day change	5.03% p.a.	#NA View Ranked Funds	2

Historical NAV & returns

NAV: ₹1326.3857 as on Apr 23, 2025

This fund Category average

Edelweiss Overnight Fund overview

VRO rating	2
Expense ratio	0.11% as on Mar 31, 2025
Exit load	0%
AUM (Fund size)	₹566 Crs
Lock-in	No Lockin
Age	5 yrs 9 m since Jul 23, 2019
Benchmark	CRISIL Liquid Overnight Index
Min. investment	SIP ₹500 & Lump. ₹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 Apr 07, 2025

Period	This fund	Category average
1 month	0.5%	0.5%
3 months	1.51%	1.52%
6 months	3.17%	3.19%
1 year	6.5%	6.57%
3 years	6.29%	6.34%
5 years	5.04%	5.07%

Asset allocationas on Mar 31, 2025

Large Cap 0.0%

Mid Cap 0.0%

Small Cap 0.0%

Other Cap 0.0%

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 87.65%

A1+ 10.59%

SOV 1.76%

Top Debt Holdings

Others 87.6%

National Bank For Agriculture & Rural Development 3.53%

Indian Bank 3.53%

Punjab National Bank 3.53%

Allocation by Instruments

CBLO 87.6%

Certificate of Deposit 7.06%

Commercial Paper 3.53%

Treasury Bills 1.76%

Other Holdings

Others 0.06%

Peer comparison

Fund name	ETM Rank	AUM (in Crs.)	Fund age	Expense ratio
Edelweiss Overnight Fund	N.A.	₹566 Crs	5 yrs 9 m	0.11%
Mirae Asset Overnight Fund	N.A.	₹391 Crs	5 yrs 6 m	0.07%
HSBC Overnight Fund	N.A.	₹2,086 Crs	5 yrs 11 m	0.06%
PGIM India Overnight Fund	N.A.	₹29 Crs	5 yrs 8 m	0.1%
Bank of India Overnight Fund	N.A.	₹41 Crs	5 yrs 2 m	0.09%

Fund name	1M	6M	1Y	3Y	5Y	10Y
Edelweiss Overnight Fund	0.5%	3.17%	6.5%	6.29%	5.04%	N.A.
Mirae Asset Overnight Fund	0.5%	3.2%	6.59%	6.37%	5.11%	2.77%
HSBC Overnight Fund	0.5%	3.2%	6.59%	6.36%	5.1%	2.98%
PGIM India Overnight Fund	0.51%	3.2%	6.6%	6.34%	5.09%	2.83%
Bank of India Overnight Fund	0.51%	3.24%	6.67%	6.43%	5.17%	2.66%

Fund name	Std. deviation	Beta	Sharpe	Sortino
Edelweiss Overnight Fund	0.24	0.46	-0.37	-0.35
Mirae Asset Overnight Fund	0.24	0.45	-0.04	-0.04
HSBC Overnight Fund	0.24	0.46	-0.11	-0.11
PGIM India Overnight Fund	0.23	0.46	-0.17	-0.16
Bank of India Overnight Fund	0.23	0.45	0.2	0.21

View all Overnight funds

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

Alpha	0.87 vs. 1.53 Underperformed at beating benchmark
Sharpe	-0.37 vs. 1.42 Poor risk-adjusted returns
Beta	0.46 vs. 0.09 More sensitive to market's ups & downs
Standard deviation	0.24 vs. 0.15 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 5 yrs 9 m, having been launched on 23/07/2019. Edelweiss Overnight Fund Direct - Growth has ₹566 Crores worth of assets under management (AUM) as on 31/03/2025 and is medium-sized fund of its category. The latest Net Asset Value (NAV) of Edelweiss Overnight Fund Direct - Growth as of 23/04/2025 is ₹1326.39. 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 6.52%. Since launch, it has delivered 5.03% 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 credit profile is low indicating it has lent to borrowers whose quality is not too great. Most funds in this category lend to similar borrowers and hence the risk of default in this fund is same as the category.
The fund's top holdings are in National Bank For Agriculture & Rural Development, Indian Bank, Punjab National Bank, Reserve Bank of India.

...

Fund AUM	₹566 Crs as on Mar 31, 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	₹1,65,728 Crs as on Mar 31, 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 (in Crs.)	1Y	3Y
Edelweiss CRISIL IBX 50:50 Gilt Plus SDL April 2037 Index Fund	N.A.	₹1,026 Crs	13.48%	N.A.
Edelweiss Government Securities Fund	N.A.	₹171 Crs	12.69%	8.63%
BHARAT Bond ETF FOF - April 2032	N.A.	₹4,484 Crs	11.46%	8.14%
BHARAT Bond FOF - April 2030	N.A.	₹7,015 Crs	10.85%	8.01%
BHARAT Bond FOF - April 2031	N.A.	₹4,773 Crs	10.68%	7.99%
Edelweiss Banking and PSU Debt Fund	N.A.	₹263 Crs	10.32%	7.59%

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 ₹1326.3857 as of Apr 23, 2025.

What are the returns of this mutual fund scheme?

The Edelweiss Overnight Fund is a 5 yrs 9 m old fund and has delivered average annual returns of 5.03% since inception.

Edelweiss Overnight Fund Returns

1-Year	3-Year	5-Year	Since Inception
6.5%	6.29%	5.04%	5.03%

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 ₹566 Crs crore as of Mar 31, 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
Others	87.6%
National Bank For Agriculture & Rural Development	3.53%
Indian Bank	3.53%

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	87.65%
A1+	10.59%
SOV	1.76%

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.
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.