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Axis Overnight Fund-Reg(G)

Axis Mutual Fund

  • Debt
  • Overnight Fund
  • Low Risk

Performance Chart

Fund Overview

Assets Under Management (AUM)
₹8,216.27 Cr
Expense Ratio
0.09%
Riskometer
Low
Category
Overnight Fund
Asset Type
Debt
Benchmark
Nifty 1D Rate Index
SIP
Available
Switch
Available
Inception Date
8 Nov 2021
ISIN
INF846K01O23
Scheme Code
ONGP
Fund Scheme ID
19276

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Performance & Returns

Calculate SIP Returns

Returns by period

PeriodTrailing ReturnAbsolute ReturnAnnualised ReturnCAGR
1 Month4.94%0.42%5.00%5.12%
3 Months5.10%1.28%5.12%5.22%
6 Months5.16%2.60%5.17%5.24%
1 Year5.28%5.28%5.29%5.29%
3 Years6.08%19.39%6.47%6.09%
5 Years5.68%31.87%6.37%5.68%
Since Inception5.11%45.23%6.04%5.11%

Past performance is not indicative of future returns.

Portfolio

Asset Allocation

100.00%

  • Cash & Cash Equivalents and Net Assets93.32%
  • Treasury Bills6.68%

Top Sectors

  • Finance82.13%
  • Others11.19%
  • G-Sec1.82%

Holdings

Overview of fund allocations across sectors and securities

  • Finance

    Value

    ₹6,748.02 Cr

    Weightage

    82.13%

  • Others

    Value

    ₹919.40 Cr

    Weightage

    11.19%

  • G-Sec

    Value

    ₹149.54 Cr

    Weightage

    1.82%

About

Fund Manager(s)

Mr. Sachin Jain, Mr. Hardik Satra

Launch Date

8 Nov 2021

Benchmark

Nifty 1D Rate Index

Objective

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.

RISKOMETER

LOWLOW TOMODERATEMODERATEMODERATELYHIGHHIGH

The riskometer indicates the level of risk associated with the fund based on historical data and portfolio composition.

Exit Load, Stamp Duty and Tax Implication

Exit load
Nil
Stamp duty on investment: 0.005% (from July 1st, 2020)
from July 1st 2020
Tax implication
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