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Axis Overnight Fund - Direct Plan - Weekly IDCW

Axis · Overnight
Low
₹1001.12
Current NAV
25 Jun 2026
29.3%
1Y Return
10.3%
3Y CAGR
19.3%
5Y CAGR
Watchlist
Analysis & Suitability
Pros / Upsides
  • Exceptional short-term performance with a 1-year return exceeding 20%.
  • Highly cost-efficient with a low expense ratio of 0.53%.
  • Generates significant excess returns relative to benchmark index (Alpha: 4.13).
  • Very large asset base (AUM: ₹12,180 Cr) indicating high investor trust and liquidity.
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
0.63
Sharpe Ratio
1.13
Beta
4.13
Alpha
0.77
Sortino
Fund Details
Fund House Axis
Category Overnight
AUM ₹12180 Cr
Expense Ratio 0.53%
Min SIP ₹500
Min Lumpsum ₹1000
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