Axis Overnight Fund
Get the latest NAV of Axis Overnight Fund. View historical returns compared to its benchmark and category average. Know which stocks and sectors the fund is investing in. Get an estimate of returns from the SIP and lump sum returns calculator. View detailed holding analysis and peer comparison. Get INDmoney ranking of the fund.
₹1427.79
NAV as on 10 Apr 2026
5.15%/per year
Since Inception
▲▼
1084 people have invested ₹ 6.6Cr in Axis Overnight Fund in the last three months
Axis Overnight Fund Performance vs. Overnight Index
Fund returns vs Benchmark returns vs Category Average returns as on (10-Apr-26)
The fund has outperformed the benchmark (Overnight Index) over 3Y, 5Y, but underperformed over 1Y.
Axis Overnight Fund Ranking and Peer Comparison
Ranked based on performance, risk management and cost efficiency
Ranked 4 out of 16 mutual funds in the overnight category as per INDmoney.
Axis Overnight Fund Returns Calculator
Calculate SIP and lumpsum returns based on historical performance
Total Investment
0
Profit
Total Corpus
0
Axis Overnight Fund Asset Allocation
See fund asset allocation details as on (14-Mar-26)
Fund Distribution
as on (14-Mar-26)
Axis Overnight Fund Sector Allocation
See fund sector allocation details as on (14-Mar-26)
Sector Allocation
Top Sector in February was Government
Government
2%
Axis Overnight Fund Overview
Get key fund statistics, minimum investment details, AUM, expense ratio, exit load, and tax treatment.
| Expense ratio | 0.06% |
Benchmark | Nifty 1D Rate TR INR |
| AUM | ₹7849 Cr |
| Inception Date | 6 March, 2019 |
| Min Lumpsum/SIP | ₹100/-- |
| Exit Load | 0% |
| Lock In | No Lock-in |
TurnOver | 1752.31% |
| Risk |   Low Risk |
About Axis Overnight Fund
Axis Overnight Fund is a debt fund. This fund was started on 6 March, 2019. The fund is managed by Sachin Jain, Hardik Satra. This fund is suitable to keep your money safe.
Key Parameters
- Axis Overnight Fund has ₹7849 Cr worth of assets under management (AUM) as on Mar 2026 and is more than category average.
- The fund has an expense ratio 0.1.
Returns
Axis Overnight Fund has given a CAGR return of 5.15% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 5.49%, 6.33% and 5.57% respectively.
Holdings
Axis Overnight Fund has allocated its funds majorly in Cash Equivalent. Its top holdings are Tbill, Tbill, 10/04/2026 Maturing 364 DTB, 02/04/2026 Maturing 364 DTB
Taxation
As it is a overnight mutual fund the taxation is as follows:If the fund is debt oriented i.e. asset allocation of more than 65% in debt instruments:Invested before 1 April 2023 and held for less than 24 months, STCG will be taxed at your income slab rate.Invested before 1 April 2023 and held for more than 24 months, LTCG will be taxed at 12.5%.Invested after 1 April 2023, capital gains will be taxed at your income slab rate.Dividends will always be taxed at slab rate.
Investment objective of Axis Overnight Fund
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. However, there can be no assurance or guarantee that the investment objective of the scheme would be achieved.
Minimum Investment and lockin period
Minimum investment for lump sum payment is INR 100.00 and for SIP is INR 0.00. Axis Overnight Fund has no lock in period.
Fund Manager
Sachin Jain
Fund Manager of Axis Overnight Fund, since 9 November 2021
Hardik Satra
Fund Manager of Axis Overnight Fund, since 4 November 2024
- AUM of the fund stands at 10.6K Cr as of Feb'26
- AUM decreased by 1.3K Cr between Feb'26 and Jan'26
Frequently Asked Questions for Axis Overnight Fund
How do I invest in Axis Overnight Fund?
- Download the INDmoney app.
- Search for ‘Axis Overnight Fund’.
- Select whether you want to invest in SIP or lump sum.
- Enter the amount you wish to invest.
- Set up payments via bank mandate or UPI.