GMP IPO Watch
Axis Overnight Fund
Regular Plan · Daily IDCW Option · Axis Mutual Fund
Returns
Annualised (CAGR) returns for periods over a year.
Want to invest in this fund?
Open a free demat & trading account with Zerodha to invest in direct mutual funds with zero commission.
Rank in Category
| Period | This Fund | Category Avg. | Rank |
|---|---|---|---|
| 1W | +0.00% | +0.09% | 11 of 40 |
| 1M | +0.00% | +0.40% | 5 of 40 |
| 3M | +0.00% | +1.12% | 5 of 38 |
| 6M | +0.00% | +2.09% | 3 of 36 |
| YTD | +0.00% | +3.34% | 2 of 40 |
| 1Y | +0.00% | +4.33% | 2 of 36 |
| 2Y | +0.00% | +4.64% | 2 of 33 |
| 3Y | +0.00% | +5.00% | 2 of 33 |
| 5Y | +0.00% | +4.98% | 3 of 27 |
| 7Y | +0.00% | +4.48% | 3 of 24 |
| INCEPTION | +0.00% | — | — |
Ranked among: Debt Scheme - Overnight Fund.
Rolling Returns
| Period | Average | Best | Worst | Positive Periods | Consistency |
|---|---|---|---|---|---|
| 3M | +0.00% | +0.00% | +0.00% | 0% | 0% |
| 6M | +0.00% | +0.00% | +0.00% | 0% | 0% |
| 1Y | +0.00% | +0.00% | +0.00% | 0% | 0% |
| 2Y | +0.00% | +0.00% | +0.00% | 0% | 0% |
| 3Y | +0.00% | +0.00% | +0.00% | 0% | 0% |
| 5Y | +0.00% | +0.00% | +0.00% | 0% | 0% |
| 7Y | +0.00% | +0.00% | +0.00% | 0% | 0% |
Rolling returns show the average, best and worst outcome an investor would have seen entering at any point in the window.
NAV History
AUM Trend (₹ Cr, quarterly average)
Expense Ratio Trend
Portfolio · Sep 2026
Asset Allocation
- Equity0.00%
- Debt5.06%
- Cash94.94%
- Other0.00%
Market Cap Split
- Large Cap0.00%
- Mid Cap0.00%
- Small Cap0.00%
- Others100.00%
Holdings · Sep 2026
| Holding | Sector | Weight | Change (1M) |
|---|---|---|---|
| Clearing Corporation of India Ltd | Net Current Assets | 64.85% | — |
| Clearing Corporation of India Ltd | Net Current Assets | 14.03% | — |
| AMC Repo Clearing Limited | Net Current Assets | 9.60% | — |
| Clearing Corporation of India Ltd | Net Current Assets | 6.14% | — |
| 91 Days Tbill (MD 08/10/2026) | Money Market | 1.84% | — |
| 91 Days Tbill (MD 01/10/2026) | Money Market | 1.38% | — |
| 91TB221026 | Money Market | 0.92% | — |
| 182T151026 | Money Market | 0.78% | — |
| Clearing Corporation of India Ltd | Net Current Assets | 0.24% | — |
| 364 Days Tbill (MD 02/10/2026) | Money Market | 0.09% | — |
| Net Receivables / (Payables) | Net Current Assets | 0.09% | — |
| 364T231026 | Money Market | 0.05% | — |
Risk Metrics
Standard Deviation
| Period | Fund | Category | |
|---|---|---|---|
| 1Y | 0.00 | 0.23 | Low Volatility |
| 3Y | 0.00 | 0.20 | Low Volatility |
| 5Y | 0.00 | 0.37 | Low Volatility |
What is this?
Annualized population standard deviation of daily denomination-adjusted NAV returns, multiplied by sqrt(252). Values require a full timeframe of NAV history.
Beta
| Period | Fund | Category | |
|---|---|---|---|
| 1Y | 0.74 | — | Poor Risk Adjusted Returns |
| 3Y | 2.67 | — | Poor Risk Adjusted Returns |
| 5Y | 3.01 | — | Poor Risk Adjusted Returns |
What is this?
This value gives idea about how volatile fund performance has been compared to similar funds in the market. Lower beta implies the fund gives more predictable performance compared to similar funds in the market.
Compare With Peers
| Scheme | 1Y | 3Y | 5Y | Since Inception |
|---|---|---|---|---|
|
BANK OF INDIA OVERNIGHT FUND
Regular Plan · Growth
|
+5.47% | +6.13% | +5.87% | +5.19% |
|
Kotak Overnight Fund
Direct Plan · Growth
|
+5.28% | +6.02% | +5.78% | +5.17% |
|
Nippon India Overnight Fund
Direct Plan · Growth Option
|
+5.28% | +6.03% | +5.80% | +5.21% |
|
JioBlackRock Overnight Fund
Direct Plan · Growth Option
|
+5.28% | — | — | +5.33% |
|
Canara Robeco Overnight Fund
Direct Plan · GROWTH OPTION
|
+5.27% | +5.95% | +5.72% | +5.07% |
|
Mirae Asset Overnight Fund
Direct Plan · Growth
|
+5.27% | +6.02% | +5.79% | +5.14% |
|
HSBC Overnight Fund
Direct Plan · Growth
|
+5.27% | +6.01% | +5.79% | +5.14% |
|
Mahindra Manulife Overnight Fund
Direct Plan · Daily IDCW
|
+5.25% | +6.00% | +7.29% | +5.14% |
|
360 ONE Overnight Fund
Regular Plan · GROWTH Option
|
+5.23% | — | — | +5.29% |
|
Baroda BNP Paribas Overnight Fund
Regular Plan · Growth Option
|
+5.23% | +5.94% | +5.71% | +5.07% |
More From Axis Asset Management Co. Ltd.
| Scheme | 1Y | 3Y | 5Y | Since Inception |
|---|---|---|---|---|
| Axis Silver ETF | +26.40% | +35.94% | — | +33.11% |
|
Axis Silver Fund of Fund
Direct Plan · Growth Option
|
+25.78% | +35.80% | — | +33.62% |
|
Axis Gold Fund
Direct Plan · Growth option
|
+16.88% | +30.78% | +23.12% | +10.32% |
| Axis Gold ETF | +16.64% | +30.81% | +23.30% | +11.67% |
|
Axis NASDAQ 100 US Specific Equity Passive FOF
Direct Plan · IDCW Option
|
+15.62% | +27.97% | — | +30.61% |
| Axis NIFTY Healthcare ETF | +13.26% | +21.08% | +14.40% | +13.81% |
|
Axis Global Equity Alpha Fund of Fund
Direct Plan · Growth Option
|
+13.25% | +22.73% | +13.92% | +16.86% |
|
Axis India Manufacturing Fund
Direct Plan · IDCW Option
|
+13.04% | — | — | +18.81% |
|
Axis Global Innovation Fund of Fund
Direct Plan · IDCW Option
|
+9.94% | +22.97% | +11.52% | +12.36% |
|
Axis Innovation Fund
Direct Plan · Growth Option
|
+9.66% | +17.73% | +10.46% | +14.81% |
About This Scheme
Investment 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. However, there can be no assurance or guarantee that the investment objective of the scheme would be achieved.
Stated Asset Allocation
Overnight Securities - (0%-100%)
Exit Load
Nil
Fund Managers
Mr. Sachin Jain, Hardik Satra
Mr. Sachin Jain - Comanage/Fixed Income, Hardik Satra - Comanage/Fixed Income
Mutual fund investments are subject to market risks. Read all scheme related documents carefully. Past performance is not indicative of future returns. Data is sourced from AMFI and fund houses via FinAPI and may lag official figures.