Investment 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. .
Category
- Debt - Overnight Fund
Benchmark
- Nifty 1D Rate Index
Returns
Absolute
1M
0.34%
3M
1.14%
6M
2.09%
Annualised
1Y
3.85%
3Y
3.40%
5Y
-
Historical NAV
NAV for scheme Axis Overnight Fund - Regular Plan - Weekly IDCW
is
Growth of
10,000
An investment of 10000 for
in this scheme would have grown to Rs.
Risk of the fund
AUM
12062.54 Cr
Axis Overnight Fund Regular Weekly Idcw Payout AUM is 206% higher than other schemes in the category
Load
Entry Load -
NIL
Exit Load -
Nil
Lock In Period -
NIL
Expense Ratio
0.1%
Turnover Ratio
NA
