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Axis Overnight Fund - Direct Plan - Monthly IDCW

Axis · Overnight
Low
₹1001.00
Current NAV
27 Oct 2026
0.0%
1Y Return
-0.0%
3Y CAGR
—
5Y CAGR
Watchlist
NAV History (1 Year)
Analysis & Suitability
Pros / Upsides
  • Highly cost-efficient with a low expense ratio of 0.82%.
  • Generates significant excess returns relative to benchmark index (Alpha: 3.92).
  • Well-diversified portfolio aligned with the Overnight mandate.
Cons / Risks
  • Sluggish 3-year performance, lagging behind primary equity benchmarks.
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
0.92
Sharpe Ratio
0.52
Beta
3.92
Alpha
1.12
Sortino
Fund Details
Fund House Axis
Category Overnight
AUM ₹1470 Cr
Expense Ratio 0.82%
Min SIP ₹500
Min Lumpsum ₹1000
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