Axis Overnight Fund Direct Growth
NAV: ₹ 1183.4 as on 21-03-2023
Fund Insights
In the last 1 year, Axis Overnight Fund Direct Growth has outperformed all funds in its category
In the last 3 years, Mirae Asset Overnight Fund Direct Growth has given 3.95% return, outperforming Axis Overnight Fund Direct Growth by 0.05% per annum
Over the last 6 months, Axis Overnight Fund Direct Growth has increased expense ratio by 25.0% moving from 0.04 to 0.05
Axis Overnight Fund Direct Growth has one of the lowest expense ratio in the category (overnight). Its expense ratio is 0.05% which is lower than the category average expense ratio of 0.13%
Axis Overnight Fund Direct Growth Performance as on (21-Mar-23)
About the Fund
Axis Overnight Fund Direct Growth is a debt fund. This fund was started on 6 March, 2019. The fund is managed by Aditya Pagaria, Sachin Jain. This fund is suitable to keep your money safe.
Key parameters
1) Axis Overnight Fund Direct Growth has a NAV of ₹1183.381 as on 21-03-2023.
2) Axis Overnight Fund Direct Growth has ₹13637 Cr worth of assets under management (AUM) as on 31-01-2023 and is more than category average.
3) The fund has an expense ratio 0.05 %.
Axis Overnight Fund Direct Growth Overview
 | 0.05% |
 Benchmark | CRISIL Liquid Fund TR INR |
 | ₹13637 Cr |
 | 6 March, 2019 |
 | ₹500/₹0 |
 | 0% |
 | No Lock-in |
 TurnOver | 764.75% |
Fund Distribution as on (28-Feb-23)
Sector Allocation
Cash Equivalent
Top Holdings of Axis Overnight Fund Direct Growth as on (28-Feb-23)
Holdings | Weight% | Holdings Trend | 1M Change |
|---|---|---|---|
 Clearing Corporation Of India Ltd | 99.02% | 0% | |
182 DTB 02032023 | 0.8% | 0% | |
364 Dtb 16032023 | 0.56% | 100% |
Axis Overnight Fund Direct Growth: Monthly Changes Updates
Fund Performance
- This fund’s returns stands at 0.49% whereas the fund’s underlying benchmark Overnight Index returns stands at 0.41% as on Feb'23
- This fund outperformed Overnight Index by 0.08% in Feb'23
AUM Change
- AUM of the fund stands at 12.6K Cr as of Feb'23
- AUM increased by 470.1 Cr between Feb'23 and Jan'23
Peer Analysis
Axis Overnight Fund Direct Growth Fund Manager
Aditya Pagaria
Top funds managed
Sachin Jain
Top funds managed
Fund Highlights
Low Risk
About the fund
AUM size ₹13637 Cr
Expense Ratio 0.05%
Frequently Asked Questions
Axis Overnight Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 0.49% | 0.49% |
6 Month Returns | 3.05% | 3.05% |
1 Year Returns | 5.38% | 5.38% |
3 Years Returns | 12.15% | 3.9% |
5 Years Returns | 0% | 0% |
- 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.
Mutual Fund execution provided by
Technology facilitation Services provided by Finzoom Investment Advisors Pvt. Ltd. - Advisory unit. SEBI Registered Investment Advisor: INA100012190 | BASL Registration No. 1154 | BSE StarMF Platform code: 24801
Disclaimer: Mutual Fund investments are subject to market risks, read all scheme related documents carefully. Past performance is not indicative of future returns.