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Axis Overnight Fund - Regular Plan - Daily IDCW

Axis · Overnight
Low
₹1000.50
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
  • Excellent risk-adjusted performance (Sharpe Ratio: 1.64).
  • Very large asset base (AUM: ₹14,190 Cr) indicating high investor trust and liquidity.
  • Well-diversified portfolio aligned with the Overnight mandate.
Cons / Risks
  • Returns are subject to standard market fluctuations and interest rate risks.
  • No indexation benefits under current tax laws for short holding periods.
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
1.64
Sharpe Ratio
0.64
Beta
1.64
Alpha
2.20
Sortino
Fund Details
Fund House Axis
Category Overnight
AUM ₹14190 Cr
Expense Ratio 1.04%
Min SIP ₹500
Min Lumpsum ₹1000
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