DEBT•OVERNIGHT FUND
Axis Overnight Fund
3 Year return
6.16%
NAV on August 15, 2026
1453.2319
1D Returns
0%
Launched on March 2019(7 years)
Investment Details
₹1000
Minimum SIP Amount
₹100
Minimum one time investment
Fund has no lock-in period
Calculate Returns
Based on past performance of this fund
₹
Your Investment₹3,600
Gain
10.08%₹363
Total Value ₹3,963
Risk Involved
Your principal will be at
Very High Risk
Scheme Information
Asset Under Management
₹10,177.72 Cr.
Expense Ratio
0.09% (inclusive of GST)
Exit Load
Nil
Ratings
5
Ratings by other agencies
Value Research
4
Crisil
0
Morning Star
0
Tax Implications
Tax on gains as per your income tax bracket
Axis Mutual Fund Manager
HS
Hardik Satra
Fund Manager since Nov 2024
SJ
Sachin Jain
Fund Manager since Feb 2023
Fund House Details
Axis Mutual Fund
Asset management company
AUM
₹3,77,445.09 Cr.
No. of Schemes
277
Setup Date
January 2009
Peer Comparison
Comparison with other similar funds
| Funds | 3 Y Returns | ARQ Rating |
|---|---|---|
| Bank of India Overnight Fund | 6.2667% | 0 |
| Mirae Asset Overnight Fund | 6.1428% | 3.5 |
| Nippon India Overnight Fund | 6.147% | 4 |
Schemes by Axis Mutual Fund
List of mutual fund schemes by AMC
Funds
3 Years Returns
Hybrid . Aggressive Hybrid Fund
Axis Aggressive Hybrid Fund Direct Plan Monthly IDCW Reinvestment10.8158%
Hybrid . Aggressive Hybrid Fund
Axis Aggressive Hybrid Fund Direct Plan Quarterly IDCW Payout10.3742%
Hybrid . Aggressive Hybrid Fund
Axis Aggressive Hybrid Fund Direct Plan Quarterly IDCW Reinvestment10.3742%
Axis Overnight Fund Direct Plan Growth is managed by Axis Asset Management Company (AMC), a well-known name in the mutual fund industry. This fund falls under the category of debt funds.
Investment Objectives of the Scheme
The Axis Overnight Fund Direct Plan Growth fund aims to provide reasonable returns with very low interest rate risk and high liquidity. The fund invests primarily in overnight securities, which are short-term debt instruments that mature in 1 business day. This gives the fund a high level of liquidity, which means that investors can easily redeem their investments without incurring any losses.
Key Features of The Fund
5-year return
5.7078%
Expense Ratio
0.09%
Fund Manager
Hardik Satra
Fund Size
₹10177.72 Cr.
Risk Profile
Low
Is This Scheme Right for Me?
The Axis Overnight Fund Direct Plan Growth fund is suitable for investors who are looking for a safe and liquid investment option with low risk. The fund is also suitable for investors who need to park their money for a short period of time, such as before making a big purchase or investment.
Here are some additional factors to consider before investing in the Axis Overnight Fund Direct Plan Growth fund:
The fund has a low expense ratio of 0.15%. This means that a small portion of your investment will be used to pay the fund's expenses.
The fund has a low volatility. This means that the value of your investment is less likely to go up and down significantly in the short term.
The fund has a diversified portfolio. This means that the fund's assets are invested in a variety of securities, which can help to reduce the risk of the fund.
Overall, the Axis Overnight Fund Direct Plan Growth fund is a low-risk, low-return fund that is suitable for investors who are looking for a safe and liquid investment option.
AMC Contact Details
| Name | Axis Mutual Fund |
| Launch Date | January 2009 |
| Address | Axis House, First Floor, C-2, Wadia International Centre, Pandurang Budhkar Marg, Worli, Mumbai - 400025 |
| Contact | 8108622211 |
| customerservice@axismf.com | |
| Website | https://www.axismf.com/ |
Disclaimer: Mutual funds are subject to market risk. Read all scheme-related documents carefully to make informed-decision.
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FAQs
What is today's NAV of Axis Overnight Fund?
NAV, or Net Asset Value, is the price of a single unit of a mutual fund. It is calculated by dividing the current value of holdings held by the mutual fund scheme at the end of the day by the total number of units issued. The NAV changes every day. The NAV of Axis Overnight Fund on August 15, 2026, is ₹1453.2319
What is the AUM of Axis Overnight Fund?
Short for Asset Under Management, AUM means the total assets held by a mutual fund scheme. The AUM of the fund changes every day based on the fluctuation in the price of the underlying assets. Fund houses don't update AUM on a daily basis. They only update it at the end of the month and release it within a few days of the following month. The AUM of Axis Overnight Fund, is ₹10177.72 crore.
What is the expense ratio of Axis Overnight Fund?
The expense ratio is the annual charges you pay to the mutual fund house for managing your investments. It is a percentage of Assets Under Management. It is deducted from the fund's returns. The expense ratio of Axis Overnight Fund is 0.09%
What are the returns of Axis Overnight Fund since inception?
The Axis Overnight Fund was launched on March 07, 2019. The fund has delivered a CAGR of undefined since inception.
What is the minimum SIP amount to invest in Axis Overnight Fund?
A Systematic Investment Plan (SIP) in mutual funds allows you to invest small amounts periodically instead of a one-time investment. The frequency of investment can be monthly, quarterly, half-yearly or annually, as per your convenience. The minimum SIP for Axis Overnight Fund is ₹1000.
How do I invest in Axis Overnight Fund?
- Make sure you are logged in to Angel One.
- Select the type of investment: SIP or one-time.
- In case of an SIP, select the amount and date and click ‘Start SIP’. In case of a one-time investment, enter just the amount.
- Proceed by clicking the pay button and choosing your mode of payment.
- Your portfolio will be updated with this investment in 3-5 working days.
How to start an SIP in Axis Overnight Fund?
- Click on the ‘Invest’ button.
- Enter your desired SIP amount and the SIP date.
- You can uncheck the ‘Make first payment now’ box if you don’t want to make the payment right away.
- Choose your payment method between UPI and Net Banking.
- Make your payment.
- Your SIP is created.
How do I automate an SIP in Axis Overnight Fund?
- Once you create an SIP, click on ‘Set up autopay’
- Select your desired verification method - debit card, net banking or Aadhar method credentials - and click on submit.
- Once you verify the OTP, your mandate request will be created.
How can I withdraw/redeem my investment in Axis Overnight Fund?
- Go to the ‘Investments’ section and click on the mutual fund scheme you want to withdraw.
- Enter the amount you want to withdraw and tap the ‘Withdraw’ button.
- Verify the details on the ‘Confirm withdraw’ screen.
- Select the bank account in which you want to receive the funds.
- You will receive your funds within three working days of placing the order.
- You can track your order in the ‘Orders’ section.
ENTER AMOUNT
₹
₹3,963 in 3Y at 6.1618% returns
SIP Date1st of every month
Your next SIP Payment will be on 15 September 2026
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