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Axis Overnight Fund - Regular Plan - Monthly IDCW

Axis · Overnight
Low
₹1000.99
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 0.99%.
  • Very large asset base (AUM: ₹19,640 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.
  • 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
0.59
Sharpe Ratio
1.39
Beta
-0.41
Alpha
0.70
Sortino
Fund Details
Fund House Axis
Category Overnight
AUM ₹19640 Cr
Expense Ratio 0.99%
Min SIP ₹500
Min Lumpsum ₹1000
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