Fund Performance
Lumpsum
SIP
4.09
as on 28 May 20233 Years
Investment of ₹ 10,000 in this fund 3 Years back would be ₹ 11,276 today.
NAV Performance
Fund Information
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₹ 1,194.967
as on 28 May 2023 -
Regular - Growth
-
-
-
₹ 500
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₹ 7,889 Cr.
as on 31 Mar 2023 -
0.11%
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15 Mar 2019
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CRISIL 10 Year Gilt Index
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Axis Mutual Fund
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Highlights of this fund
Axis Overnight Fund is an Open-ended Debt Fund. The fund belongs to Overnight Fund category, where the investment is done in predominantly in stocks that are listed on Stock Exchanges like the Bombay Stock Exchange (BSE) or the National Stock Exchange (NSE) in India as well as Global stock exchanges like the Dow Jones, London Stock Exchange or LSE etc. This fund was started on 15 Mar 2019. This fund is offered by one of the top AMC (Assets Management Company) Axis Mutual Fund. You can also view here all other Debt funds offered by Axis Mutual Fund.
Latest NAV of the fund is ₹ 1,194.967 as on 28 May 2023.
This fund has 4 years of track record. Since 31 Mar 2023 expense ratio of this fund is 0.11%. Ideally you shoulds compare this fund with the benchmark CRISIL 10 Year Gilt Index.
Fund Objective
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.
List of Fund Managers of Axis Overnight Fund
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About Sachin Jain
Mr. Jain is a B.Tech, AGMP (Management) Prior to joining Axis Asset Management Company Ltd., he has worked with Sundaram Mutual Fund, I- Cap, Sunidhi securities and Finance Ltd.
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About Aditya Pagaria
Mr. Pagaria is a Bachelor in Management Studies and holds a Post Graduate Diploma in Business Management from Institute Of Technology And Management, SK Somaiya College. Prior to joining Axis AMC he was associated with ICICI Prudential AMC (Nov 2011-Jul 2016) as Fund Manager - Fixed Income Operations.
Riskometer : Risk associated with this fund
Investors understand that their principal will be at Low Risk
Fund Return Comparison
| Fund Name | 1 Week | 1 Month | 3 Months | 6 Months | 1 Year | 2 Years | 3 Years | 5 Years | 10 Years | 1 Year | 2 Years | 3 Years | 5 Years | 10 Years |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Category Best | 0.13% | 0.56% | 1.60% | 3.20% | 5.96% | 4.68% | 4.15% | 4.63% | 6.03% | 6.33% | 5.41% | 4.81% | 4.44% | 5.22% |
| Category Average | 0.11% | 0.51% | 1.51% | 3.00% | 5.55% | 4.38% | 3.97% | 4.50% | 5.92% | 6.17% | 5.26% | 4.67% | 4.40% | 5.13% |
| Axis Overnight Fund | 0.11%₹ 10,011 | 0.53%₹ 10,053 | 1.58%₹ 10,158 | 3.16%₹ 10,316 | 5.91%₹ 10,590 | 6.26%₹ 12,401 | 4.61%₹ 10,942 | 5.34%₹ 25,344 | 4.09%₹ 11,276 | 4.74%₹ 38,691 | - | - | - | - |
| BOI AXA Overnight Fund | 0.12%₹ 10,012 | 0.54%₹ 10,053 | 1.60%₹ 10,160 | 3.20%₹ 10,320 | 5.96%₹ 10,596 | 6.33%₹ 12,405 | 4.68%₹ 10,959 | 5.41%₹ 25,362 | 4.15%₹ 11,297 | 4.81%₹ 38,730 | - | - | - | - |
| Canara Robeco Overnight Fund | 0.11%₹ 10,011 | 0.52%₹ 10,052 | 1.57%₹ 10,156 | 3.15%₹ 10,314 | 5.89%₹ 10,588 | 6.22%₹ 12,398 | 4.59%₹ 10,941 | 5.32%₹ 25,337 | 4.08%₹ 11,275 | 4.73%₹ 38,682 | - | - | - | - |
| Mirae Asset Overnight Fund | 0.12%₹ 10,012 | 0.53%₹ 10,052 | 1.58%₹ 10,157 | 3.15%₹ 10,315 | 5.86%₹ 10,586 | 6.22%₹ 12,399 | 4.58%₹ 10,937 | 5.30%₹ 25,335 | 4.07%₹ 11,272 | 4.72%₹ 38,677 | - | - | - | - |
| Baroda Overnight Fund | 0.12%₹ 10,011 | 0.56%₹ 10,055 | 1.59%₹ 10,158 | 3.14%₹ 10,314 | 5.86%₹ 10,586 | 6.23%₹ 12,399 | 4.58%₹ 10,937 | 5.30%₹ 25,334 | 4.06%₹ 11,269 | 4.71%₹ 38,675 | - | - | - | - |
| UTI Overnight Fund | 0.12%₹ 10,012 | 0.55%₹ 10,055 | 1.57%₹ 10,156 | 3.13%₹ 10,313 | 5.87%₹ 10,586 | 6.22%₹ 12,398 | 4.58%₹ 10,936 | 5.30%₹ 25,334 | 4.06%₹ 11,268 | 4.71%₹ 38,672 | 4.63%₹ 12,539 | 4.44%₹ 67,131 | 6.03%₹ 17,970 | 5.22%₹ 1,56,779 |
Portfolio Holdings
Top Debt Instrument Type holdings of Axis Overnight Fund
| Instrument Type | Holding Percentage | Holding Values in Crore |
|---|---|---|
| T-Bills | 5.68% | ₹ 448.31 Cr. |
| Others | 94.32% | - |
Top Debt Holdings of Axis Overnight Fund
| Name of Debt Instrument | Holding Percentage | Holding Values in Crore |
|---|---|---|
| Bond - T-Bill | 5.68% | ₹ 448.31 Cr. |
| Others | 94.32% |
Other Holdings
| Holding Type | Holding Percentage |
|---|---|
| TREPS | 94.12% |
| Net Receivables | 0.20% |