Axis Overnight Fund - IDCW - Direct Plan

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  • 0.02 %Nav, as on 29-11-2023

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  • Net Change on 29-11-2023

  • PersonalFN Rating

  • Assets (Cr.)

  • Expense Ratio

Fund Overview IDCW | Direct 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 0.61 1.71 6.70 4.81 4.78 4.96

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.)
SBI Overnight Fund - Direct Plan - Daily Income Distribution cum Capital Withdrawal Option (IDCW) Jan 02, 2013 6.60 4.72 4.29 0.10 16,872.53
SBI Overnight Fund - Direct Plan - Weekly Income Distribution cum Capital Withdrawal Option (IDCW) Jan 10, 2013 6.60 4.72 4.29 0.10 16,872.53
ICICI Prudential Overnight Fund - Direct Plan - Daily IDCW Nov 15, 2018 6.63 4.73 4.29 0.10 10,098.72
HDFC Overnight Fund - Daily IDCW Option - Direct Plan Dec 31, 2012 6.59 4.70 4.26 0.10 10,066.98
ADITYA BIRLA SUN LIFE OVERNIGHT FUND- Direct - Monthly Payout of IDCW Nov 29, 2018 6.65 4.76 4.30 0.08 8,210.29

Fund Holdings as on 31-October-2023

  • Clearing Corporation of India Ltd

  • 182 Days Tbill (MD 16/11/2023)

  • 91 Days Tbill (MD 09/11/2023)

  • 364 Days Tbill (MD 23/11/2023)

  • 91 Days Tbill (MD 02/11/2023)

  • 182 Days Tbill (MD 09/11/2023)

  • 364 Days Tbill (MD 02/11/2023)

  • 364 Days Tbill (MD 09/11/2023)

  • Net Receivables / (Payables)

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  • Miscellaneous

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Fund Manager

Most Recent Dividend

  • 28/11/2023

  • 25/10/2023

  • 25/09/2023

  • 25/08/2023

  • 25/07/2023

  • 26/06/2023

  • 25/05/2023

  • 27/03/2023

  • 27/02/2023

  • 25/01/2023

  • 26/12/2022

  • 25/11/2022

  • 25/10/2022

  • 26/09/2022

  • 25/08/2022

  • 25/07/2022

  • 27/06/2022

  • 25/05/2022

  • 25/04/2022

  • 25/03/2022

  • 25/02/2022

  • 25/01/2022

  • 27/12/2021

  • 25/11/2021

  • 25/10/2021

  • 27/09/2021

  • 25/08/2021

  • 26/07/2021

  • 25/06/2021

  • 25/05/2021

  • 26/04/2021

  • 25/03/2021

  • 25/02/2021

  • 25/01/2021

  • 28/12/2020

  • 25/11/2020

  • 26/10/2020

  • 25/09/2020

  • 25/08/2020

  • 27/07/2020

  • 25/06/2020

  • 26/05/2020

  • 27/04/2020

  • 26/03/2020

  • 25/02/2020

  • 27/01/2020

  • 26/12/2019

  • 25/11/2019

  • 25/10/2019

  • 25/09/2019

  • 26/08/2019

  • 25/07/2019

  • 25/06/2019

  • 27/05/2019

  • 25/04/2019

  • Cash

  • Sov

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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 ₹11,340.97 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 ₹0.18(0.02%)yesterday to ₹1001.0302.

Among its top 3 holdings the fund has exposure to Clearing Corporation of India Ltd, and

The Axis Overnight Fund is managed by Aditya Pagaria and Sachin Jain.

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