VR Logo

3 star

Edelweiss Overnight Fund - Regular Plan download report


Debt: Overnight

1 Lakh

Investment Grown to
₹ 1.03 Lakh

₹ 10000

Monthly SIP Grown to
₹ 1.22 Lakh

Suitability:

"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

  • If the mutual fund units are sold after 3 years from the date of investment, gains are taxed at the rate of 20% after providing the benefit of inflation indexation.
  • If the mutual fund units are sold within 3 years from the date of investment, entire amount of gain is added to the investors' income and taxed according to the applicable slab rate.
  • No tax is to be paid as long as you continue to hold the units.

Dividends

  • Dividends are added to the income of the investors and taxed according to their respective tax slabs. Further, if an investor's dividend income exceeds Rs. 5,000 in a financial year, the fund house also deducts a TDS of 10% before distributing the dividend.

Read more

ajax-loader
Please wait...

ajax-loader
Please wait...

(₹)
cal
cal

ajax-loader
Please wait...

Trailing Returns (%)

YTD 1-Day 1-W 1-M 3-M 6-M 1-Y 3-Y 5-Y 7-Y 10-Y
Edelweiss Overnight Fund Reg-G 1.86 0.01 0.09 0.37 0.99 1.80 3.40 -- -- -- --
CCIL T Bill Liquidity Weight 0.93 0.01 0.09 0.27 0.38 0.91 1.99 -- -- -- --
Debt: Overnight 1.88 0.01 0.09 0.37 1.00 1.82 3.42 -- -- -- --
Rank within category 25 2 21 25 24 25 23 -- -- -- --
Number of funds in category 29 30 30 30 30 29 29 17 3 3 3

As on 06-Jul-2022

Peer Comparison

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
3 star
Jul-19 3.40 -- -- 0.16% 586
Axis Overnight Fund - Regular Plan
4 star
Mar-19 3.48 3.65 -- 0.10% 11,357
UTI Overnight Fund - Regular Plan  | Invest Online
4 star
Dec-03 3.46 3.63 4.43 0.12% 5,933
Mirae Asset Overnight Fund - Regular Plan  | Invest Online
5 star
Oct-19 3.47 -- -- 0.21% 712
Baroda BNP Paribas Overnight Fund - Regular Plan
4 star
Apr-19 3.45 3.65 -- 0.14% 475

Best & Worst Performance

Best Performance Worst Performance
Return (%) Period Return (%) 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 0.23 07-Nov-2020 - 07-Dec-2020
Quarter 1.29 24-Jul-2019 - 23-Oct-2019 0.74 15-Oct-2020 - 14-Jan-2021
Year 4.43 24-Jul-2019 - 23-Jul-2020 3.05 15-Oct-2020 - 15-Oct-2021

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Edelweiss Overnight Fund Reg-G -- -- -- -- -- --
CCIL T Bill Liquidity Weight* 2.65 0.36 -2.33 -4.59 -- --
Debt: Overnight* 3.53 0.24 0.12 0.53 0.30 0.28
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 30-Jun-2022

Portfolio Aggregates

Fund 1Y High 1Y Low Category
Number of Securities -- -- -- 2
Modified Duration (yrs) 0.00 0.01 0.00 --
Average Maturity (yrs) 0.00 0.01 0.00 --
Yield to Maturity (%) 4.70 4.70 3.10 4.70
Avg Credit Rating Cash -- -- --

Value Research Fund Style

Credit Rating vis-à-vis Category

ajax-loader
Please wait...

Top Holdings

Company Instrument Credit Rating 1Y Range % Assets
equal Others CBLO -- - 98.92

up down equal Indicates an increase or decrease or no change in holding since last portfolio
new Indicates a new holding since last portfolio

As on 30-Jun-2022

Fund Manager

— Pranavi Kulkarni since 23-Nov-2021

Education: Ms. Kulkarni is a BE Computer Science, MBA Finance

Experience: Prior to joining Edelweiss Mutual Fund, she has worked with CRISIL Ltd. and Yes Bank.

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:


0.01%

Change from previous, NAV as on 06-Jul-2022

Growth: ₹ 1,111.7564

IDCW Yearly: ₹ 1,111.7562

More

IDCW Weekly: ₹ 1,015.9079

IDCW Monthly: ₹ 1,004.8066

IDCW Fortnightly: ₹ 1,096.0452

IDCW Daily: ₹ 1,008.1128


Investment Strategy

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

Investment Details

Min. Investment (₹) 5,000
Min. Addl Investment (₹) 500
Min. SIP Investment (₹) 500
Min. No of Cheques 12
Min. Withdrawal (₹) 500
Min. Balance (₹) 500
Lock-in Period Not Applicable
Exit Load 0

Basic Details

Fund House: Edelweiss Mutual Fund
Launch Date: 23-Jul-2019
Return Since Launch: 3.65%
Benchmark: NIFTY 1D Rate Index
Riskometer: Low
Type: Open-ended
Assets: ₹ 586 Cr (As on 30-Jun-2022)
Expense: 0.16% (As on 31-May-2022)
Risk Grade: --
Return Grade: Average

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
IDCW Daily06-Jul-20220.1306

 05-Jul-20220.1220
 04-Jul-20220.1215
 03-Jul-20220.1271
 02-Jul-20220.1271
 01-Jul-20220.1266
 30-Jun-20220.1235
 29-Jun-20220.1221
 28-Jun-20220.1239
 27-Jun-20220.1254
 26-Jun-20220.1258
 25-Jun-20220.1259
 24-Jun-20220.1258
 23-Jun-20220.1244
 22-Jun-20220.1240
 21-Jun-20220.1236
 20-Jun-20220.1237
 19-Jun-20220.1235
 18-Jun-20220.1235
 17-Jun-20220.1231
 16-Jun-20220.1198
 15-Jun-20220.1194
 14-Jun-20220.1206
 13-Jun-20220.1194
 12-Jun-20220.1199
IDCW Weekly04-Jul-20220.8820

 27-Jun-20220.8868
 20-Jun-20220.8697
 13-Jun-20220.8523
 06-Jun-20220.7675
 30-May-20220.7804
 23-May-20220.7715
 16-May-20220.7519
 09-May-20220.7430
 02-May-20220.7125
 25-Apr-20220.6922
 18-Apr-20220.6776
 11-Apr-20220.6579
 04-Apr-20220.6403
 28-Mar-20220.6208
 21-Mar-20220.6467
 14-Mar-20220.6196
 07-Mar-20220.6223
 21-Feb-20220.6180
 14-Feb-20220.6178
 07-Feb-20220.6191
 31-Jan-20220.6568
 24-Jan-20220.7754
 17-Jan-20220.6339
 10-Jan-20220.6153
IDCW Fortnightly27-Jun-20221.8637

 13-Jun-20222.0395
 27-May-20221.6252
 13-May-20221.8476
 27-Apr-20221.5346
 13-Apr-20221.7464
 27-Mar-20221.3492
 13-Mar-20221.3252
 27-Feb-20221.3084
 13-Feb-20221.0420
IDCW Monthly24-Jun-20223.5989

 24-May-20223.1273
 24-Apr-20222.8557
 24-Mar-20222.4492
 24-Feb-20222.7243
 24-Jan-20222.8702
 24-Dec-20212.6790
 24-Nov-20212.7374
 24-Oct-20212.5233
 24-Sep-20212.5508
 24-Aug-20212.5003
 24-Jul-20212.5307
 24-Jun-20212.6161
 24-May-20212.5413
 24-Apr-20212.5603
 24-Mar-20212.3781
 24-Feb-20212.4924
 24-Jan-20212.5774
 24-Dec-20202.4877
 24-Nov-20202.4403
 24-Oct-20202.6526
 24-Sep-20202.6513
 24-Aug-20202.6428
 24-Jul-20202.5086
 24-Jun-20202.5703

Contact Information

AMC: Edelweiss Asset Management Ltd.

Address: Edelweiss House Off C.S.T. Road, Kalina Mumbai - 400098

Phone: +91 22 4093 3400

Fax: +91 22-40979878

Website: http://www.edelweissmf.com

Registrar & Transfer Agent: KFin Technologies Ltd.

Address: 303, Vamsee Estates, Opp. Big Bazaar, Ameerpet, Hyderabad - 500016

Phone: 040-44857874

Email: [email protected]

Website: www.karvymfs.com

Upcoming Video

Investors' Hangout

All about nominations in mutual funds

DateFri, 08-Jul-2022
Time12:30 PM - 12:40 PM

attending You have reserved a spot