Axis Overnight Fund - Growth - Regular Plan

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  • 0.01 %Nav, as on 21-10-2020

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  • Net Change on 21-10-2020

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Fund Overview Growth | Regular Plan

  • Fund House

  • Launch Date

  • Benchmark

  • Minimum Investment (₹)

  • Minimum Addl Investment (₹)

  • Exit Load (%)

  • Minimum SIP Investment (₹)

  • Minimum STP Investment (₹)

  • Minimum SWP Investment (₹)

  • 52 Week Low Nav (₹)

  • 52 Week Low Nav Date

  • 52 Week High Nav (₹)

  • 52 Week High Nav Date

Fund 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.

Fund Performance

Scheme Name 1-Month Return (%) 3-Month Return (%) 1-Year Return (%) 3-Year Return (%) 5-Year Return (%) Since Inception
NIFTY 1 Year T-Bill Index N/A N/A N/A N/A N/A N/A
Nifty 1D Rate Index 0.26 0.80 3.84 N/A N/A 5.21

Returns upto 1 year is Annualised, and above 1 year are Compounded Annualised

Peer Fund Comparison

Scheme Name Launch Date Ratings 1-Year Return (%) 3-Year Return (%) 5-Year Return (%) Expense Ratio (%) Assets (Cr.)
HDFC Overnight Fund - Growth Option Feb 06, 2002 3.62 5.16 5.59 0.20 19,566.05
SBI OVERNIGHT FUND - REGULAR PLAN - GROWTH Sep 24, 2002 3.68 5.21 5.68 0.18 12,932.06
UTI - Overnight Fund - Regular Plan - Growth Option Dec 09, 2003 3.73 4.89 5.86 0.11 7,024.39
L&T Overnight Fund - Regular Plan - Growth Option Nov 27, 2006 3.38 4.69 5.23 0.20 1,512.71

Fund Holdings as on 30-September-2020

  • Clearing Corporation of India Ltd

  • Corporate Bond Repo

  • Net Receivables / (Payables)

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  • Miscellaneous

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Fund Manager

  • Cash

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About Axis Overnight Fund

Scheme Analysis

Axis Overnight Fund is a Debt - Overnight Fund fund and belongs to Axis Mutual Fund. It was launched on 15-Mar-2019 and currently has an AUM of ₹5,347.45 crore. Axis Overnight Fund is benchmarked against NIFTY 1 Year T-Bill Index as primary index and Nifty 1D Rate Index as secondary index.

The NAV of Axis Overnight Fund ended up ₹0.09(0.01%)yesterday to ₹1072.5535.

Among its top 3 holdings the fund has exposure to Clearing Corporation of India Ltd, Corporate Bond Repo and Net Receivables / (Payables)

The Axis Overnight Fund is managed by Aditya Pagaria .

Fund House Contact

Axis House, 1st Floor, C-2, Wadia International Centre, Pandurang Budhkar Marg, Worli, Mumbai - 400 025

022-43255161
022-43255199
www.axismf.com