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Mutual Funds

Edelweiss Overnight Fund

Edelweiss Overnight Fund icon

Edelweiss Overnight Fund

OvernightRank #11
3/5

NAV (2026-08-28)

1417.26

AUM

₹2,023 Cr

Exp. Ratio: 0.15%

RISK LEVEL

Low

Returns & Performance

1 Year5.23%0.06% vs cat avgRank #14
3 Year6.00%0.02% vs cat avgRank #17
5 Year5.59%0.02% vs cat avgRank #15
Since Launch5.03%1.01% vs cat avg

Fund vs Category Average

1Y
5.23%+0.06%
3Y
6.00%+0.02%
5Y
5.59%+0.02%

Pros & Cons

Pros

Outperforms category avg on 1Y returns
Strong 3Y track record vs category
Above category avg 5Y returns
No lock-in period
Low expense ratio (0.15%)
Decent 1Y category rank (#14)

Cons

Overall rank #11 in category
Returns since launch below category avg
ISININF754K01KE3
NAV₹1417.26
NAV Date2026-08-28
AUM₹2,023 Cr
Expense Ratio0.15%
RiskLow
Rating3 / 5
Min SIP Amount₹100
Max SIP Amount₹999999999
Min Additional Inv.₹1000
SIP AllowedYes
Plan TypeRegular
Plan OptionGrowth
Is NFONo
Fund House Incorp.2008-04-30

INVESTMENT OBJECTIVE

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

Exit Load--
Stamp duty on investment0.005% (from July 1st, 2020)
Tax implicationsReturns are taxed as per your income tax slab.

Kedar Karnik

Mr. Karnik is a BE and has done his Masters in Management Studies from Jamnalal Bajaj Institute of Management Studies.

Prior to joining Edelwiess Mutual Fund he was associated with DSP MF, Axis Asset Management. He has also worked with HSBC and CRISIL Ltd..

Top Holdings

CompanySectorAsset Value (Cr)Asset %
Punjab National Bank 01/01/2025Financial₹25.009.21
ICICI Securities Ltd. 91-D 02/09/2024Financial₹49.998.71
Indian Bank 02/04/2025Financial₹20.003.53
Punjab National Bank 02/04/2025Financial₹20.003.53

Frequently Asked Questions

Common questions about this fund, answered from scheme data

The latest Net Asset Value (NAV) of Edelweiss Overnight Fund is ₹1,417.26 as of 2026-08-28.

The FAQs above are generated from data provided by the AMC and are for educational purposes only. They do not constitute financial advice, buy/sell recommendations, or return guarantees. Mutual fund investments are subject to market risks — read all scheme-related documents carefully before investing. Past performance is not indicative of future returns.