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Scheme Overview

Axis Overnight Fund - Regular Plan - Growth Option

Category: Debt: Overnight
Launch Date: 01-03-2019
Asset Class: Fixed Income
Benchmark: NIFTY 1D Rate Index
Expense Ratio: 0.09% As on (30-04-2025)
Status: Open Ended Schemes
Minimum Investment: 500.0
Minimum Topup: 500.0
Total Assets: 634.8 Cr As on (30-04-2025)
Turn over:
NAV as on 29-05-2025

1359.424

0.21 (0.0153%)

CAGR Since Inception

5.06%

NIFTY 1D Rate Index 6.37%

PERFORMANCE of Axis Overnight Fund - Regular Plan - Growth Option

Scheme Performance (%) Data as on - 29-05-2025

1-Year Ret (%) 3-Yrs Ret (%) 5-Yrs Ret (%) 10-Yrs Ret (%) Since Launch Ret (%)
Axis Overnight Fund - Regular Plan - Growth Option 6.51 6.39 5.1 - 5.06
Nifty 1D Rate Index 6.67 6.28 5.04 5.65 6.37
Debt: Overnight 6.4 6.31 5.03 5.55 5.32

Fund Managers

Mr. Sachin Jain, Hardik Satra

Investment Objective

The investment objective of the Scheme is to provide reasonable returns commensurate with very low interest rate risk and providing a high level of liquidity, through investments made primarily in overnight securities having maturity/residual maturity of 1 business day. However, there can be no assurance or guarantee that the investment objective of the scheme would be achieved.

RETURNS CALCULATOR for Axis Overnight Fund - Regular Plan - Growth Option

Growth of 10000 In SIP (Fund vs Benchmark)

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Growth of 10000 In LUMPSUM (Fund vs Benchmark)

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Rolling Returns

Rolling returns are the annualized returns of the scheme taken for a specified period (rolling returns period) on every day/week/month and taken till the last day of the duration. In this chart we are showing the annualized returns over the rolling returns period on every day from the start date and comparing it with the benchmark. Rolling returns is the best measure of a fund's performance. Trailing returns have a recency bias and point to point returns are specific to the period in consideration. Rolling returns, on the other hand, measures the fund's absolute and relative performance across all timescales, without bias.

Key Performance and Risk Statistics of Axis Overnight Fund - Regular Plan - Growth Option

Key Statistics Volatility Sharpe Ratio Alpha Beta Yield to Maturity Average Maturity
Axis Overnight Fund - Regular Plan - Growth Option 0.43 -0.31 1.47 0.8 6.1 3.0
Debt: Overnight - - - - - -

PEER COMPARISION

Scheme Name Launch
Date
1-Year
Ret (%)
2-Yrs
Ret (%)
3-Yrs
Ret (%)
5-Yrs
Ret (%)
10-Yrs
Ret (%)
Axis Overnight Reg Gr 01-03-2019 6.51 6.64 6.39 5.1 0.0
Bank of India Overnight Reg Gr 05-01-2020 6.59 6.72 6.46 5.17 0.0
PGIM India Overnight Reg Gr 27-08-2019 6.48 6.59 6.33 5.07 0.0
Quant Overnight Fund Reg Gr 05-12-2022 6.47 6.83 0.0 0.0 0.0
Bajaj Finserv Overnight Fund Reg Gr 05-07-2023 6.47 0.0 0.0 0.0 0.0
UTI Overnight Fund Reg Gr 09-12-2003 6.46 6.6 6.36 5.07 5.68
Nippon India Overnight Reg Gr 03-12-2018 6.46 6.58 6.34 5.05 0.0
Invesco India Overnight Reg Gr 01-01-2020 6.45 6.6 6.34 5.05 0.0
Baroda BNP Paribas Overnight Reg Gr 25-04-2019 6.44 6.57 6.34 5.06 0.0
DSP Overnight Reg Gr 05-01-2019 6.44 6.58 6.34 5.06 0.0

Asset Allocation (%)

PORTFOLIO ANALYSIS of Axis Overnight Fund - Regular Plan - Growth Option

Portfolio as on

Top 10 Sectors in portfolio (%)

Top 10 Stocks in portfolio (%)