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Mutual Funds

Axis Overnight Fund

Ax

Axis Overnight Fund

OvernightRank #3
5/5

NAV (2026-07-14)

1441.42

AUM

₹8,216.27 Cr

Exp. Ratio: 0.13%

RISK LEVEL

Low

Returns & Performance

1 Year5.33%0.19% vs cat avgRank #4
3 Year6.15%0.14% vs cat avgRank #3
5 Year5.62%0.12% vs cat avgRank #2
Since Launch5.11%--

Fund vs Category Average

1Y
5.33%+0.19%
3Y
6.15%+0.14%
5Y
5.62%+0.12%

Pros & Cons

Pros

Outperforms category avg on 1Y returns
Strong 3Y track record vs category
Above category avg 5Y returns
No lock-in period
Low expense ratio (0.13%)
Top-5 ranked in category for 1Y (#4)
Overall top-10 rank in category (#3)

Cons

No notable cons identified

ISININF846K01O23
NAV₹1441.42
NAV Date2026-07-14
AUM₹8,216.27 Cr
Expense Ratio0.13%
RiskLow
Rating5 / 5
Min SIP Amount₹1000
Max SIP Amount₹1999999
Min Additional Inv.₹100
SIP AllowedYes
Plan TypeRegular
Plan OptionGrowth
Is NFONo
Fund House Incorp.2009-09-04

INVESTMENT OBJECTIVE

The Scheme seeks 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.

Exit Load--
Stamp duty on investment0.005% (from July 1st, 2020)
Tax implicationsReturns are taxed as per your income tax slab.

Hardik Satra

Mr. Satra is a MBA (Financial Planning and Services)

Mr. Satra has been working as a Fixed Income Analyst for Axis Mutual Fund for more than 9 years.

Top Holdings

Holdings data not available for this scheme