1 Lakh
Investment Grown to₹ 10000
Monthly SIP Grown toSuitability:
Overnight funds invest in bonds having a maturity of just one day. They are suitable to earn a little extra on idle money lying in the bank. You may invest in these funds the money that you have set aside to meet any emergency needs or any surplus money that you don't need for a few days up to a year.
The risk of incurring a loss in these funds is negligible but they do not guarantee returns or safety of capital.
Remember, these funds are geared to deliver only marginally higher returns than your bank account. They deliver steady, but low returns and are not suitable to build wealth in the long run.
Taxability of earnings:
Capital gains
Dividends
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| YTD | 1-Day | 1-W | 1-M | 3-M | 6-M | 1-Y | 3-Y | 5-Y | 7-Y | 10-Y | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 2.27 | 0.01 | 0.06 | 0.26 | 0.78 | 1.78 | 4.35 | -- | -- | -- | -- |
| CCIL T Bill Liquidity Weight | 2.20 | 0.01 | 0.05 | 0.18 | 0.64 | 1.81 | 3.71 | -- | -- | -- | -- |
| Debt: Overnight | 2.12 | 0.01 | 0.06 | 0.25 | 0.74 | 1.64 | 4.12 | -- | -- | -- | -- |
| Rank within category | 1 | 3 | 1 | 2 | 2 | 2 | 1 | -- | -- | -- | -- |
| Number of funds in category | 28 | 30 | 30 | 30 | 30 | 30 | 23 | 3 | 3 | 3 | 3 |
As on 06-Aug-2020
| Fund name | Rating | Launch Date | 1-Year Return | 3-Year Return | 5-Year Return | Expense Ratio | Assets (Cr) |
|---|---|---|---|---|---|---|---|
| Edelweiss Overnight Fund - Regular Plan | Invest Online | Jul-19 | 4.35 | -- | -- | 0.15 | 923 | |
| UTI Overnight Fund - Regular Plan | Invest Online |  |
Dec-03 | 4.17 | 5.01 | 6.14 | 0.12 | 6,556 |
| Nippon India Overnight Fund - Regular Plan | |
Dec-18 | 4.17 | -- | -- | 0.17 | 5,363 |
| DSP Overnight Fund - Regular Plan | Invest Online |  |
Jan-19 | 4.29 | -- | -- | 0.16 | 2,819 |
| SBI Overnight Fund | Invest Online |  |
Oct-02 | 4.13 | 5.40 | 5.85 | 0.18 | 13,825 |
| Best (Period) | Worst (Period) | |
|---|---|---|
| Week | 0.10 (28-Jul-2019 - 04-Aug-2019) | 0.03 (25-Mar-2020 - 01-Apr-2020) |
| Month | 0.43 (24-Jul-2019 - 23-Aug-2019) | 0.24 (25-Mar-2020 - 24-Apr-2020) |
| Quarter | 1.29 (24-Jul-2019 - 23-Oct-2019) | 0.77 (25-Mar-2020 - 24-Jun-2020) |
| Year | 4.43 (24-Jul-2019 - 23-Jul-2020) | 4.37 (01-Aug-2019 - 31-Jul-2020) |
| Mean | Std Dev | Sharpe | Sortino | Beta | Alpha | |
|---|---|---|---|---|---|---|
| Fund | -- | -- | -- | -- | -- | -- |
| CCIL T Bill Liquidity Weight* | 4.03 | 0.29 | -4.08 | -7.51 | -- | -- |
| Debt: Overnight* | 5.07 | 0.33 | -0.49 | -0.64 | 0.31 | 0.22 |
| Rank within category | -- | -- | -- | -- | -- | -- |
| Number of funds in category | -- | -- | -- | -- | -- | -- |
The Risk Measures have been calculated using calendar month returns for the last three years.
As on
* As on 31-Jul-2020
| Fund | 1Y High | 1Y Low | Category | |
|---|---|---|---|---|
| Number of Securities | -- | -- | -- | -- |
| Modified Duration (yrs) | 0.00 | 0.00 | 0.00 | -- |
| Average Maturity (yrs) | 0.00 | 0.00 | 0.00 | -- |
| Yield to Maturity (%) | 3.25 | 5.60 | 2.50 | -- |
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| The underlying data is unavailable. |
As on 30-Jun-2020
— Gautam Kaul since 23-Jul-2019
Education: Mr. Kaul is a B.Com (H) and MBA (Finance).
Experience: Prior to joining Edelweiss AMC he has worked with Invesco Mutual Fund, Sahara India Asset Management Company Pvt. Ltd, IDBI AMC. and Mata Securities (India) Pvt. Ltd..
Funds Managed:
— Rahul Dedhia since 23-Jul-2019
Education: Mr. Dedhia is a B.E. (Electronics) and also holds a PGeMBA - Finance.
Experience: Prior to joining Edelweiss Mutual Fund, he has worked with PGIM India Mutual Fund as Assistant Fund Manager.
Funds Managed:
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The scheme seeks to generate returns commensurate with risk of investments in overnight instruments.
| Minimum Investment (₹) | 5,000 |
| Minimum Addl Investment (₹) | 500 |
| Minimum SIP Investment (₹) | 500 |
| Minimum No of Cheques | 12 |
| Minimum Withdrawal (₹) | 500 |
| Minimum Balance (₹) | 500 |
| Exit Load | 0 |
| Fund House: | Edelweiss Mutual Fund |
| Launch Date: | 23-Jul-2019 |
| Return Since Launch: | 4.38% |
| Benchmark: | CRISIL Overnight Index |
| Riskometer: | Low |
| Type: | Open-ended |
| Assets: | ₹ 923 Cr (As on 30-Jun-2020) |
| Expense: | 0.15% (As on 30-Jun-2020) |
| Risk Grade: | -- |
| Return Grade: | -- |
| Plan | Record Date | Dividend (₹ / Unit) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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| Dividend Daily | 06-Aug-2020 | 0.0839 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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| Dividend Weekly | 03-Aug-2020 | 0.6117 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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| Dividend Monthly | 24-Jul-2020 | 2.5086 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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AMC: Edelweiss Asset Management Ltd.
Address: 801- 802 & 803 - 8th Floor, Windsor Off C.S.T. Road, Kalina-Santacruz (E), Mumbai - 400098
Phone: 40933400 / 1800-425-0090
Email: [email protected]
Website: http://www.edelweissmf.com
Registrar & Transfer Agent: KFin Technologies Pvt Ltd.
Address: 303, Vamsee Estates, Opp. Big Bazaar, Ameerpet, Hyderabad - 500016
Phone: 040-44857874
Email: [email protected]
Website: www.karvymfs.com
Saturday, 08-Aug-2020
04:00 PM - 04:30 PM