Axis Overnight Fund Direct Growth

Axis Overnight Fund Direct Growth

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Debt
Direct
Overnight
NAV: ₹ 1258.1 as on 23-02-2024
Fund Performance
zero opening, trading, fund transfer fee
100 people have invested ₹ 73.8L in Axis Overnight Fund Direct Growth in the last three months

About the Axis Overnight Fund Direct Growth

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 ₹10982 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.

Axis Overnight Fund Direct Growth Overview

Expense ratio
Expense ratio
0.05%
Benchmark
Benchmark
CRISIL Liquid Fund TR INR
AUM
AUM
₹10982 Cr
Inception Date
Inception Date
6 March, 2019
Min Lumpsum/SIP
Min Lumpsum/SIP
₹500/--
Exit Load
Exit Load
0%
Lock In
Lock In
No Lock-in
TurnOver
TurnOver
259.73%

Axis Overnight Fund Direct Growth Distribution as on (31-Dec-69)

  • Debt & Cash 100%

Credit rating breakup

AAA
100%
Sector Allocation

Jan'24

Dec'23

Nov'23

Cash Equivalent
100%

Top Holdings of Axis Overnight Fund Direct Growth as on (31-Jan-24)

  • Debt & Cash

Debt Holdings2
Holdings
Weight%
1M Change
182 DTB 07032023
182 DTB 07032023
1.36%
0%
182 DTB 22022024
182 DTB 22022024
0.55%
0%

Axis Overnight Fund Direct Growth: Monthly Changes Updates

All changes are between Oct'69 and Dec'69
AUM Change
Parameters
Jan'24
Dec'23
Nov'23
AUM
₹ 10.4K Cr
₹ 8.6K Cr
₹ 9.8K Cr
  • AUM of the fund stands at 10.4K Cr as of Jan'24
  • AUM increased by 1.9K Cr between Jan'24 and Dec'23
Fund Portfolio Changes

Axis Overnight Fund Direct Growth Fund Manager

Aditya Pagaria
Aditya Pagaria
Fund Manager of Axis Overnight Fund Direct Growth, since 15 March 2019
Sachin Jain
Sachin Jain
Fund Manager of Axis Overnight Fund Direct Growth, since 9 November 2021

Axis Overnight Fund Direct Growth 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 4.73% since inception which is more than its category average return of 3.62%
AUM size ₹10982 Cr

AUM size ₹10982 Cr

This fund has AUM of ₹10982 Cr which is more than its category average of ₹ 3074 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 Growth is ₹1258.06 as on 23-Feb-2024.
Existing (Absolute + CAGR) as on 23-Feb-2024.
Axis Overnight Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
0.56%
0.56%
6 Month Returns
3.42%
3.42%
1 Year Returns
6.8%
6.8%
3 Years Returns
16%
5.07%
5 Years Returns
0%
0%
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 January 2024
₹10982 Cr as on January 2024
Yield to Maturity is 6.76 as on January 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 as on January 2024. Modified Duration tells the sensitivity of the price of a bond to a change in interest rate.
AAA
100
Aditya Pagaria, Sachin Jain are the fund managers of Axis Overnight Fund Direct Growth
The Exit load of Axis Overnight Fund Direct Growth is 0%