Axis Overnight Fund - Direct Plan - Growth Option

Open Ended Schemes(Debt Scheme - Overnight Fund)Low RiskISIN INF846K01N65

NAV · 06-Jul-2026

₹1445.2848

+0.43%

+2.59%

1Y (CAGR)

+5.37%

3Y (CAGR)

+6.21%

5Y (CAGR)

+5.67%

Since inception (CAGR)

+5.16%

NAV history

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Risk & SIP analytics

Q1 · TOP · 3Y in category

Volatility (3y)

0.12%

Max drawdown (3y)

0.0%

Sharpe (3y)

-2.42

SIP XIRR (3y)

+5.86%

SIP XIRR (5y)

+6.01%

Calendar-year returns

2020 +3.4%2021 +3.2%2022 +4.7%2023 +6.8%2024 +6.8%2025 +5.9%

Fund facts

Fund managerSachin Jain · Hardik Satra

AUM₹1,18,629 Cr

Expense ratio0.07% · 2026-05-31

TER · AMFI officialDirect 0.09% · Regular 0.13% (2026-06-30)

Launch date07-Mar-2019

Plan typeOpen Ended · Debt

Min lumpsum₹100

Min SIP₹0

Lock-inNone

Volatility0.08

AMCAxis Asset Management Co. Ltd.

Objective · The investment objective of the Scheme is to provide reasonable returns commensurate with very low interest rate risk and providing a high level of liquidity, through investments made primarily in overnight securities having maturity/residual maturity of 1 business day. However, there can be no assurance or guarantee that the investment objective of the scheme would be achieved.

scheme documents ↗