Axis Overnight Fund Direct Daily Reinvst of Inc Dis cum Cap Wdrl

Axis Overnight Fund Direct Daily Reinvst of Inc Dis cum Cap Wdrl

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Debt
Direct
Overnight
NAV: ₹ 1000.51 as on 26-05-2024

About the Fund

Axis Overnight Fund Direct Daily Reinvst of Inc Dis cum Cap Wdrl is a debt fund. This fund was started on 6 March, 2019. The fund is managed by Sachin Jain, Aditya Pagaria. This fund is suitable to keep your money safe.

Key Parameters

  1. Axis Overnight Fund Direct Daily Reinvst of Inc Dis cum Cap Wdrl has ₹10267 Cr worth of assets under management (AUM) as on Dec 1969 and is more than category average.
  2. The fund has an expense ratio 0.1.
Fund Performance
zero opening, trading, fund transfer fee
1 people have invested ₹ 5K in Axis Overnight Fund Direct Daily Reinvst of Inc Dis cum Cap Wdrl in the last three months

Overview

Expense ratio
Expense ratio
0.05%
Benchmark
Benchmark
CRISIL Liquid Fund TR INR
AUM
AUM
₹10267 Cr
Inception Date
Inception Date
6 March, 2019
Min Lumpsum/SIP
Min Lumpsum/SIP
₹5000/--
Exit Load
Exit Load
0%
Lock In
Lock In
No Lock-in
TurnOver
TurnOver
259.73%

Axis Overnight Fund Direct Daily Reinvst of Inc Dis cum Cap Wdrl Distribution as on (31-Dec-69)

  • Debt & Cash 100%

Credit rating breakup

AAA
100%
Sector Allocation

Apr'24

Mar'24

Feb'24

Cash Equivalent
98.8%
Government
1.2%

Top Holdings of Axis Overnight Fund Direct Daily Reinvst of Inc Dis cum Cap Wdrl as on (30-Apr-24)

  • Debt & Cash

Debt Holdings2
Holdings
Weight%
1M Change
182 DTB 23052024
182 DTB 23052024
1.46%
0%
364 DTB 23052024
364 DTB 23052024
1.12%
0%

Monthly Changes Updates

All changes are between Oct'69 and Dec'69
AUM Change
Parameters
Apr'24
Mar'24
Feb'24
AUM
₹ 8.6K Cr
₹ 10.1K Cr
₹ 10.5K Cr
  • AUM of the fund stands at 8.6K Cr as of Apr'24
  • AUM decreased by 1.5K Cr between Apr'24 and Mar'24
Fund Portfolio Changes

Fund Manager

Sachin Jain
Sachin Jain
Fund Manager of Axis Overnight Fund Direct Daily Reinvst of Inc Dis cum Cap Wdrl, since 9 November 2021
Aditya Pagaria
Aditya Pagaria
Fund Manager of Axis Overnight Fund Direct Daily Reinvst of Inc Dis cum Cap Wdrl, since 15 March 2019

Axis Overnight Fund Direct Daily Reinvst of Inc Dis cum Cap Wdrl Highlights

Risk meter
pointer

Low Risk

Investors understand that their principal will be at Low Risk
About the fund

About the fund

This fund has delivered an average annual returns of 4.25% since inception which is more than its category average return of 3.65%
AUM size ₹10267 Cr

AUM size ₹10267 Cr

This fund has AUM of ₹10267 Cr which is more than its category average of ₹ 2736 Cr
Expense Ratio 0.05%

Expense Ratio 0.05%

This fund has an expense ratio of 0.05% which is less than its category average expense ratio of 0.13%

Frequently Asked Questions

The current NAV of Axis Overnight Fund Direct Daily Reinvst of Inc Dis cum Cap Wdrl is ₹1000.51 as on 26-May-2024.
Existing (Absolute + CAGR) as on 26-May-2024.
Axis Overnight Fund Direct Daily Reinvst of Inc Dis cum Cap Wdrl
Absolute Returns
CAGR Returns
1 Month Returns
0%
0%
6 Month Returns
2.61%
2.61%
1 Year Returns
6.05%
6.05%
3 Years Returns
15.68%
4.98%
5 Years Returns
23.4%
4.3%
With INDmoney, the process of investing is very simple and involves zero commission.
  • Click Buy on the fund name.
  • Input the amount you are looking to invest.
  • Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
  • Select your bank account and proceed with Payment.
0.05% as on April 2024
₹10267 Cr as on April 2024
Yield to Maturity is 6.65 as on April 2024. Yield to Maturity is the total return earned on your bond investments if you hold the bond investments till maturity & all bonds' proceeds are reinvested in it.
Modified Duration is 0.01 as on April 2024. Modified Duration tells the sensitivity of the price of a bond to a change in interest rate.
AAA
100
Sachin Jain, Aditya Pagaria are the fund managers of Axis Overnight Fund Direct Daily Reinvst of Inc Dis cum Cap Wdrl
The Exit load of Axis Overnight Fund Direct Daily Reinvst of Inc Dis cum Cap Wdrl is 0%