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Edelweiss Overnight Fund Hits Rs 192 Cr AUM & NAV of Rs 1,427

By ThePip DeskEdelweiss Overnight Fund Hits Rs 192 Cr AUM & NAV of Rs 1,427

Discover the latest metrics for Edelweiss Overnight Fund Direct Plan Growth, featuring Rs 192 Cr AUM, a NAV of Rs 1,427.03, low-risk portfolio allocation, and tax details.

The Edelweiss Overnight Fund Direct Plan Growth reported an Assets Under Management of Rs 192 crore as of September 20, 2026. Managed by Hetul Raval and Kedar Karnik, this liquid mutual fund was incepted on July 24, 2019, focusing on low-risk portfolio allocations.

Fund Portfolio And Key Metrics

The portfolio targets cash, cash equivalents, and treasury bills to maintain stability. Investors encounter specific financial metrics regarding this direct growth plan:

  • Fund AUM stands at Rs 192 crore as of September 20, 2026.
  • Net Asset Value is recorded at Rs 1,427.03.
  • Expense ratio is set at 0.11%.
  • Minimum SIP investment requirement is Rs 1,000.

Exit Load And Tax Implications

The scheme carries no exit load for investors exiting the fund. Tax implications depend entirely on the holding period of the investment units.

  • Redemptions within one year are taxed according to the investor’s income tax slab.
  • Redemptions after one year attract a tax rate of 12.5%.

The Edelweiss Overnight Fund continues to provide a low-risk vehicle for cash management under the stewardship of Hetul Raval and Kedar Karnik.

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