AP
Aditya PagariaFund Manager Since 30 May 2019
Money MarketOvernight
Axis Overnight Fund Direct Growth
3Y Annualised
6.45%
0.02% 1D
Fund Performance
Fund Multiplier
Fund Info
Peer Comparison
Fund Managers
AMC Details
Performance
1M Returns
0.47%
0.02% 1D
Benchmark
SBI Nifty 10 yr Benchmark G-Sec ETF
Fund Multiplier
Time it would have taken to make your money double (2x), quadruple (4x) and quintuple (5x)
This Fund
11 years 1 months
NIFTY 50
4 years 8 months
FD
9 years 7 months
Fund info
Fund size
₹10790.01 Cr
Min. SIP amount
₹1000
Min. Lumpsum amount
₹500
Exit load
0%
Nil
Risk Profile
Low Risk
Peer Comparison
This Fund's Performance Compared With Peers
Over the Period of oneMonth
1st
PGIM India Overnight Fund Direct Weekly Payout Inc Dist cum Cap Wdrl
0.91%
2nd
PGIM India Overnight Fund Direct Weekly Reinvestment Inc Dist cum Cap Wdrl
0.91%
3rd
Bandhan Overnight Fund Direct Daily Income Distribution cum cptl Wdrl opt
0.86%
4th
Bandhan Overnight Fund Direct Daily Reinvestment of Income Distribution cum cptl Wdrl opt
0.86%
5th
Bandhan Overnight Fund Regular Daily Income Distribution cum cptl Wdrl opt
0.83%
56th
Axis Overnight Fund Direct Growth
0.47%
Fund Managers
SJ
Sachin JainFund Manager Since 9 Nov 2021
About Axis Overnight Fund Direct Growth
Axis Overnight Fund Direct Growth is a Money Market mutual fund scheme from Axis Asset Management Company Limited. This fund has been in existence for 6 years, having been launched on 2019-03-06. Axis Overnight Fund Direct Growth has ₹10790.01 Cr worth of assets under management (AUM) as of Fri May 30 2025. The latest Net Asset Value (NAV) of Axis Overnight Fund Direct Growth as of Fri May 30 2025 is ₹1364.2318. The fund has an expense ratio of 0.05%, which is medium comparable to most other Money Market funds.
Axis Overnight Fund Direct Growth returns for the last 1 year are 6.56%. Since launch, it has delivered 5.11% average annual returns.
The Axis Overnight Fund Direct Growth has the majority of its money invested in null sectors.
Top 5 Holdings of Axis Overnight Fund Direct Growth.
- Clearing Corporation Of India Ltd: 96.70%
- Net Receivables / (Payables): 1.28%
- 182 DTB 05062025: 1.20%
- 364 DTB 23052025: 1.16%
- 91 Days Tbill Red 05-06-2025: 0.97%
AMC Information
| Name | Axis Asset Management Company Limited |
|---|---|
| Founding Date | 2019-03-06 |
| customerservice@axismf.com | |
| Phone | +91 22 43255161 |
| Website | www.axismf.com |
| Address | Axis Asset Management Company Ltd.,Axis House, 1st Floor, C-2, Wadia International Centre,,Pandurang Budhkar Marg, Worli, |
Tax Implications of Axis Overnight Fund Direct Growth
| Short Term Gains | Income tax rate applicable to the Unitholders as per their income slabs. |
|---|---|
| Long Term Gains | Income tax rate applicable to the Unitholders as per their income slabs. |
Similar Funds from Axis Asset Management Company Limited
Axis Gilt Fund Growth
Fixed IncomeGovernment Bond
3Y CAGR
8.57%
expense ratio
0.80%
fund size
₹845.28 Cr
Axis Corporate Bond Fund Regular Growth
Fixed IncomeCorporate Bond
3Y CAGR
7.82%
expense ratio
0.91%
fund size
₹7341.14 Cr
Axis Small Cap Fund Regular Growth
EquitySmall-Cap
3Y CAGR
22.48%
expense ratio
1.61%
fund size
₹23317.93 Cr
Axis Equity Savings Fund Regular Plan Growth
AllocationEquity Savings
3Y CAGR
10.80%
expense ratio
2.27%
fund size
₹941.62 Cr
Axis Multi Asset Allocation Fund Direct Plan Growth Option
AllocationMulti Asset Allocation
3Y CAGR
13.54%
expense ratio
1.06%
fund size
₹1390.80 Cr
FAQs
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How to Redeem Axis Overnight Fund Direct Growth?
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