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Mutual Funds

Edelweiss Overnight Fund

Ed

Edelweiss Overnight Fund

OvernightRank #12
3/5

NAV (2026-07-14)

1408.48

AUM

₹2,023 Cr

Exp. Ratio: 0.15%

RISK LEVEL

Low

Returns & Performance

1 Year5.25%0.11% vs cat avgRank #18
3 Year6.06%0.05% vs cat avgRank #18
5 Year5.53%0.03% vs cat avgRank #18
Since Launch5.03%--

Fund vs Category Average

1Y
5.25%+0.11%
3Y
6.06%+0.05%
5Y
5.53%+0.03%

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%)

Cons

1Y category rank outside top 15 (#18)
Overall rank #12 in category
ISININF754K01KE3
NAV₹1408.48
NAV Date2026-07-14
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

Holdings data not available for this scheme