Home› Funds› Axis Overnight Fund - Regular Plan - Growth Option

Axis Overnight Fund - Regular Plan - Growth Option

Axis · Overnight
Low
₹1462.64
Current NAV
27 Oct 2026
5.2%
1Y Return
6.0%
3Y CAGR
5.8%
5Y CAGR
Watchlist
NAV History (1 Year)
Analysis & Suitability
Pros / Upsides
  • Generates significant excess returns relative to benchmark index (Alpha: 2.94).
  • Very large asset base (AUM: ₹21,490 Cr) indicating high investor trust and liquidity.
  • 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
0.94
Sharpe Ratio
1.14
Beta
2.94
Alpha
1.17
Sortino
Fund Details
Fund House Axis
Category Overnight
AUM ₹21490 Cr
Expense Ratio 1.54%
Min SIP ₹500
Min Lumpsum ₹1000
SIP Calculator Compare Funds
Similar Funds in Overnight
ICICI Prudential Overnight Fund - Annual IDCW
ICICI Prudential
₹1032.77 907.4%
ICICI Prudential Overnight Fund - Direct Plan - Annual IDCW
ICICI Prudential
₹1033.57 907.3%
ICICI Prudential Overnight Fund - Half Yearly IDCW
ICICI Prudential
₹1015.48 905.4%
ICICI Prudential Overnight Fund - Direct Plan - Half Yearly IDCW
ICICI Prudential
₹1015.78 905.3%