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Edelweiss Overnight Fund - Direct Plan - Daily - IDCW Option

Edelweiss · Overnight
Low
₹1000.23
Current NAV
25 Jun 2026
17.5%
1Y Return
19.5%
3Y CAGR
18.5%
5Y CAGR
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Analysis & Suitability
Pros / Upsides
  • Strong historical returns, outperforming category average in 3-year CAGR.
  • Highly cost-efficient with a low expense ratio of 0.85%.
  • Excellent risk-adjusted performance (Sharpe Ratio: 1.55).
  • Generates significant excess returns relative to benchmark index (Alpha: 6.55).
  • Very large asset base (AUM: ₹10,600 Cr) indicating high investor trust and liquidity.
Cons / Risks
  • Returns are subject to standard market fluctuations and interest rate risks.
  • No indexation benefits under current tax laws for short holding periods.
Suitable for
  • Systematic investments (SIP) for long-term target goal-based planning.
Not suitable for
  • Short-term trading or speculative investment horizons.
Risk Profile: Low Risk
Low Moderate High Very High
Risk Metrics
1.55
Sharpe Ratio
1.15
Beta
6.55
Alpha
1.94
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Fund Details
Fund House Edelweiss
Category Overnight
AUM ₹10600 Cr
Expense Ratio 0.85%
Min SIP ₹500
Min Lumpsum ₹1000
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