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Axis Overnight Fund - Direct Plan - Daily IDCW

Axis · Overnight
Low
₹1000.51
Current NAV
27 Oct 2026
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1Y Return
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3Y CAGR
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5Y CAGR
Watchlist
NAV History (1 Year)
Analysis & Suitability
Pros / Upsides
  • Highly cost-efficient with a low expense ratio of 0.84%.
  • Very large asset base (AUM: ₹12,190 Cr) indicating high investor trust and liquidity.
  • Well-diversified portfolio aligned with the Overnight mandate.
Cons / Risks
  • Lower risk-adjusted performance compared to top peers in the same category.
Suitable for
  • Systematic investments (SIP) for long-term target goal-based planning.
Not suitable for
  • Short-term trading or speculative investment horizons.
Risk Profile: Low Risk
Low Moderate High Very High
Risk Metrics
0.64
Sharpe Ratio
0.84
Beta
0.64
Alpha
0.79
Sortino
Fund Details
Fund House Axis
Category Overnight
AUM ₹12190 Cr
Expense Ratio 0.84%
Min SIP ₹500
Min Lumpsum ₹1000
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