GMP IPO Watch
Edelweiss Overnight Fund
Direct Plan · Annual IDCW · Edelweiss Mutual Fund
Returns
Annualised (CAGR) returns for periods over a year.
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Rank in Category
| Period | This Fund | Category Avg. | Rank |
|---|---|---|---|
| 1W | +0.11% | +0.09% | 13 of 40 |
| 1M | +0.47% | +0.40% | 3 of 40 |
| 3M | +1.30% | +1.12% | 7 of 38 |
| 6M | -2.45% | +2.09% | 36 of 36 |
| YTD | -0.78% | +3.34% | 40 of 40 |
| 1Y | +0.05% | +4.33% | 31 of 36 |
| 2Y | +2.96% | +4.64% | 28 of 33 |
| 3Y | +4.19% | +5.00% | 28 of 33 |
| 5Y | +4.66% | +4.98% | 23 of 27 |
| 7Y | +4.33% | +4.48% | 20 of 24 |
| INCEPTION | +4.37% | — | — |
Ranked among: Debt Scheme - Overnight Fund.
Rolling Returns
| Period | Average | Best | Worst | Positive Periods | Consistency |
|---|---|---|---|---|---|
| 3M | +1.07% | +1.71% | -3.73% | 96% | 39% |
| 6M | +2.30% | +3.41% | -2.52% | 96% | 39% |
| 1Y | +4.87% | +6.78% | +0.03% | 100% | 42% |
| 2Y | +5.07% | +6.68% | +2.96% | 100% | 42% |
| 3Y | +5.21% | +6.41% | +3.72% | 100% | 42% |
| 5Y | +5.11% | +5.60% | +4.54% | 100% | 42% |
| 7Y | +4.34% | +5.10% | +4.33% | 100% | 42% |
Rolling returns show the average, best and worst outcome an investor would have seen entering at any point in the window.
NAV History
AUM Trend (₹ Cr, quarterly average)
Expense Ratio Trend
Portfolio · Sep 2026
Asset Allocation
- Equity0.00%
- Debt11.92%
- Cash88.08%
- Other0.00%
Market Cap Split
- Large Cap0.00%
- Mid Cap0.00%
- Small Cap0.00%
- Others100.00%
Holdings · Sep 2026
| Holding | Sector | Weight | Change (1M) |
|---|---|---|---|
| Reverse Repo | Reverse Repo / TREPS | 87.75% | — |
| 91 DAYS TBILL RED 08-10-2026 | Money Market | 5.96% | — |
| 364T151026 | Money Market | 5.96% | — |
| Net Receivables/(Payables) | Net Current Assets | 0.18% | — |
| Clearing Corporation of India Ltd. | Net Current Assets | 0.14% | — |
| Accrued Interest | Net Current Assets | 0.01% | — |
Risk Metrics
Standard Deviation
| Period | Fund | Category | |
|---|---|---|---|
| 1Y | 4.12 | 0.23 | High Volatility |
| 3Y | 2.37 | 0.20 | High Volatility |
| 5Y | 1.84 | 0.37 | High Volatility |
What is this?
Annualized population standard deviation of daily denomination-adjusted NAV returns, multiplied by sqrt(252). Values require a full timeframe of NAV history.
Sharpe Ratio
| Period | Fund | Category | |
|---|---|---|---|
| 1Y | -1.15 | -15.71 | Above Average |
| 3Y | -0.50 | -5.07 | Above Average |
| 5Y | -0.45 | -3.25 | Above Average |
What is this?
Annualized Sharpe ratio calculated from month-end NAV returns using the latest available FBIL Overnight MIBOR rate as the risk-free rate. For schemes with less than three years of history, the 3Y value uses since-inception data. Applied risk-free rate: 5.73% (published 2026-10-28).
Sortino Ratio
| Period | Fund | Category | |
|---|---|---|---|
| 1Y | 0.03 | 0.02 | Above Average |
| 3Y | 1.21 | 0.24 | Above Average |
| 5Y | 1.73 | 1.28 | Above Average |
What is this?
Annualized from daily NAV returns using a 0.00% minimum acceptable return; downside deviation includes only returns below this target.
Beta
| Period | Fund | Category | |
|---|---|---|---|
| 1Y | 0.88 | — | Poor Risk Adjusted Returns |
| 3Y | 0.80 | — | Poor Risk Adjusted Returns |
| 5Y | 0.62 | — | Poor Risk Adjusted Returns |
What is this?
This value gives idea about how volatile fund performance has been compared to similar funds in the market. Lower beta implies the fund gives more predictable performance compared to similar funds in the market.
Compare With Peers
| Scheme | 1Y | 3Y | 5Y | Since Inception |
|---|---|---|---|---|
|
BANK OF INDIA OVERNIGHT FUND
Regular Plan · Growth
|
+5.47% | +6.13% | +5.87% | +5.19% |
|
Axis Overnight Fund
Direct Plan · Growth Option
|
+5.30% | +6.04% | +5.81% | +5.17% |
|
Kotak Overnight Fund
Direct Plan · Growth
|
+5.28% | +6.02% | +5.78% | +5.17% |
|
Nippon India Overnight Fund
Direct Plan · Growth Option
|
+5.28% | +6.03% | +5.80% | +5.21% |
|
JioBlackRock Overnight Fund
Direct Plan · Growth Option
|
+5.28% | — | — | +5.33% |
|
Canara Robeco Overnight Fund
Direct Plan · GROWTH OPTION
|
+5.27% | +5.95% | +5.72% | +5.07% |
|
Mirae Asset Overnight Fund
Direct Plan · Growth
|
+5.27% | +6.02% | +5.79% | +5.14% |
|
HSBC Overnight Fund
Direct Plan · Growth
|
+5.27% | +6.01% | +5.79% | +5.14% |
|
Mahindra Manulife Overnight Fund
Direct Plan · Daily IDCW
|
+5.25% | +6.00% | +7.29% | +5.14% |
|
360 ONE Overnight Fund
Regular Plan · GROWTH Option
|
+5.23% | — | — | +5.29% |
More From Edelweiss Asset Management Limited
| Scheme | 1Y | 3Y | 5Y | Since Inception |
|---|---|---|---|---|
|
Edelweiss US Value Equity Offshore Fund
Direct Plan · Growth
|
+29.74% | +21.68% | +14.03% | +13.46% |
| Edelweiss Silver ETF | +26.32% | — | — | +35.41% |
|
Edelweiss Gold and Silver ETF FOF
Direct Plan · Growth
|
+23.25% | +34.17% | — | +30.69% |
|
Edelweiss Emerging Markets Opportunities Equity Offshore Fund
Direct Plan · Growth
|
+22.43% | +25.06% | +9.43% | +11.36% |
|
Edelweiss MSCI India Domestic & World Healthcare 45 Index Fund
Direct Plan · Growth
|
+20.88% | +21.50% | +14.91% | +16.74% |
|
Edelweiss Recently Listed IPO Fund
Direct Plan · Growth
|
+20.01% | +17.71% | +10.98% | +15.60% |
| Edelweiss Gold ETF | +16.79% | — | — | +31.46% |
|
Edelweiss Europe Dynamic Equity Offshore Fund
Direct Plan · Growth
|
+16.72% | +25.29% | +14.57% | +13.15% |
|
Edelweiss ASEAN Equity Off-shore Fund
Direct Plan · Growth
|
+6.68% | +14.36% | +7.41% | +8.53% |
|
Edelweiss Equity Savings Fund
Direct Plan · Growth
|
+6.67% | +11.23% | +9.52% | +10.47% |
About This Scheme
Investment Objective
The investment objective of the scheme is to seek to generate returns commensurate with risk of investments in overnight instruments. However, there is no assurance that the investment objective of the Scheme will be realized and the Scheme does not assure or guarantee any returns.
Stated Asset Allocation
1. Debt Securities & Money Market Instruments with residual maturity of 1 Business Day - 0-100%
Exit Load
Nil
Fund Managers
Mr. Kedar Karnik; Mr. Hetul Raval
Co-Manage
Mutual fund investments are subject to market risks. Read all scheme related documents carefully. Past performance is not indicative of future returns. Data is sourced from AMFI and fund houses via FinAPI and may lag official figures.