Key metrics
Latest NAV
₹1,424.61
Day change
0.01%
Volatility
0.1%
Sharpe
-20.50
Max drawdown
0.0%
Expense ratio
0.06%
AUM
₹288 Cr
Category rank
15 / 26
Trailing returns
| Period | 1W | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
|---|---|---|---|---|---|---|---|---|---|
| Return | 0.09% | 0.42% | 1.29% | 2.60% | 5.27% | 6.05% | 5.65% | 5.08% | – |
Returns up to 1Y are absolute; 1Y and longer are annualised (CAGR). Source: public AMFI NAV data.
NAV history
Chart shows the fund's available daily NAV history. Daily NAV data begins around 2006, so older funds may predate this range.
About this fund
Edelweiss Overnight Fund is a overnight debt fund offered by Edelweiss Mutual Fund, classified under Debt as Debt Scheme - Overnight Fund. Overnight funds are among the lowest-risk fund categories. Its latest NAV is ₹1,424.61, with assets under management of about ₹288 Cr (April - June 2026).
Performance analysis
Over the trailing one year, Edelweiss Overnight Fund has recorded a return of about 5.3%, with a three-year return of 6.0% and a five-year return of 5.7%. Its annualised volatility is 0.1% — relatively low fluctuations — and its Sharpe ratio is -20.50, a measure of return per unit of risk taken. The direct-plan base expense ratio is 0.06%, deducted daily from the NAV.
Rolling returns
| Window | Avg | Median | Min | Max | % Pos | % >12 |
|---|---|---|---|---|---|---|
| 1Y | 5.09 | 5.37 | 3.10 | 6.76 | 100% | 0% |
| 3Y | 5.29 | 5.55 | 3.71 | 6.41 | 100% | 0% |
| 5Y | 5.20 | 5.19 | 4.81 | 5.65 | 100% | 0% |
| 7Y | 5.09 | 5.09 | 5.08 | 5.09 | 100% | 0% |
Each row takes every possible start date in the fund's history and computes the annualised return (CAGR) over that window. Avg/Median = the typical outcome; Min/Max = worst and best; % Pos = how often the window ended positive; % >12 = how often it beat 12% a year. Higher consistency means timing mattered less.
Frequently asked questions
What does Edelweiss Overnight Fund invest in?
It invests primarily in securities maturing in a single business day.
How is this fund classified?
It is a Debt Scheme - Overnight Fund fund in the Debt group.
How often is the NAV updated?
Mutual fund NAVs are declared by the AMC on every business day. This page sources NAV from public AMFI data and refreshes twice daily.
What is its expense ratio?
0.06% (direct plan, base expense ratio), deducted daily from the NAV. Some platforms quote a higher all-in Total TER — verify with the AMC.
How is the rolling return calculated?
Rolling return averages the fund's annualised return over every possible window of a given length across its history, rather than a single start-to-end period — reducing the effect of one lucky or unlucky entry date.
Is past performance a guarantee of future returns?
No. Past performance does not indicate future results; mutual fund values fluctuate with markets. Read all scheme-related documents carefully before investing.
Compare with peers
Similar Debt Scheme - Overnight Fund
| Fund | 1M | 3M | 6M | 1Y | 3Y | 5Y | 10Y | TER % |
|---|---|---|---|---|---|---|---|---|
| PGIM India Overnight Fund Debt Scheme - Overnight Fund | 0.41 | 1.25 | 2.52 | 5.16 | 6.04 | 5.67 | – | 0.14 |
| ITI Overnight Fund Debt Scheme - Overnight Fund | 0.39 | 1.21 | 2.46 | 5.02 | 5.86 | 5.51 | – | 0.11 |
| BANK OF INDIA OVERNIGHT FUND Debt Scheme - Overnight Fund | 0.44 | 1.30 | 2.80 | 5.52 | 6.23 | 5.83 | – | 0.08 |
| TRUSTMF Overnight Fund Debt Scheme - Overnight Fund | 0.41 | 1.26 | 2.54 | 5.16 | 6.03 | – | – | 0.06 |
| Samco Overnight Fund Debt Scheme - Overnight Fund | 0.38 | 1.21 | 2.45 | 4.99 | 5.86 | – | – | 0.11 |
| quant Overnight Fund Debt Scheme - Overnight Fund | 0.40 | 1.24 | 2.50 | 5.07 | 6.16 | – | – | 0.16 |
| Bajaj Finserv Overnight Fund Debt Scheme - Overnight Fund | 0.42 | 1.30 | 2.62 | 5.35 | 6.11 | – | – | 0.07 |
| Zerodha Overnight Fund Debt Scheme - Overnight Fund | 0.41 | 1.26 | 2.54 | 5.18 | – | – | – | 0.08 |
More funds from Edelweiss
| Fund | 1M | 3M | 6M | 1Y | 3Y | 5Y | 10Y | TER % |
|---|---|---|---|---|---|---|---|---|
| Edelweiss Equity Savings Fund Hybrid Scheme - Equity Savings | 0.81 | 4.39 | 6.57 | 8.93 | 11.53 | 9.78 | – | 0.54 |
| Edelweiss Flexi Cap Fund Equity Scheme - Flexi Cap Fund | -1.55 | 5.41 | 3.67 | 4.80 | 15.03 | 13.35 | – | 0.47 |
| Edelweiss Recently Listed IPO Fund Equity Scheme - Sectoral/ Thematic | 5.31 | 12.33 | 36.66 | 23.11 | 17.97 | 12.71 | – | 0.82 |
| Edelweiss Small Cap Fund Equity Scheme - Small Cap Fund | 0.71 | 9.56 | 18.05 | 12.02 | 15.80 | 17.98 | – | 0.44 |
| Bharat Bond FOF - April 2030 Other Scheme - FoF Domestic | -0.13 | 2.49 | 2.55 | 5.32 | 7.38 | 6.55 | – | 0.02 |
| Edelweiss US Technology Equity Fund of Fund Other Scheme - FoF Overseas | -0.07 | -7.08 | 22.06 | 25.90 | 27.69 | 14.70 | – | 0.61 |
| BHARAT Bond FOF- April 2031 Other Scheme - FoF Domestic | -0.43 | 2.41 | 2.33 | 4.91 | 7.36 | 6.40 | – | 0.02 |
| Edelweiss MSCI India Domestic & World Healthcare 45 Index Fund Other Scheme - Index Funds | 0.71 | 9.78 | 13.21 | 21.40 | 19.91 | 13.35 | – | 0.43 |
Returns ≥ 1Y are annualised (CAGR). TER = direct-plan base expense ratio. Click a fund to open its page.