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OmniAsset › Mutual funds › Axis Overnight Fund

Axis Overnight Fund

Overnight fund benchmarked to Nifty 1D Rate Index. Every figure below is read from one dated snapshot; what the snapshot cannot prove is left out, never estimated.

Latest NAV2 Sep 20261457.0481
CategoryOvernight
PlanDirect · Growth
Launched7 Mar 2019
Risk labelthe scheme's own riskometerLow
Legal benchmarkSEBI Tier-1Nifty 1D Rate Index
Expense ratiodirect plan, a year0.09%
AUM₹9,879 Cr
Growth of ₹10,000₹13,2152 Sep 2021 to 2 Sep 2026
₹13,215₹12,411₹11,607₹10,803₹10,000Sep 2021Nov 2022Mar 2024Jun 2025Sep 2026
₹13,215 (+5.7% a year) Axis Overnight Fund

Performance (trailing, annualised)

1Y annualised5.33%
3Y annualised6.14%
5Y annualised5.74%

Point-to-point from the fund's own published NAV; a period the history does not span is left out.

SIP returns

SIP 1Y (₹10,000 a month)invested ₹1,20,000 → worth ₹1,23,4095.28%
SIP 3Y (₹10,000 a month)invested ₹3,60,000 → worth ₹3,93,0715.78%
SIP 5Y (₹10,000 a month)invested ₹6,00,000 → worth ₹6,97,7545.97%

₹10,000 on the first of every month, valued at the latest NAV, as an annualised rate (XIRR).

Calendar years

Calendar 20213.21%
Calendar 20224.72%
Calendar 20236.75%
Calendar 20246.75%
Calendar 20255.86%

Rolling returns

Rolling 1Y · average336 windows since 18 Mar 20205.13%
Rolling 1Y · median5.38%
Rolling 1Y · worst window3.03%
Rolling 1Y · best window6.83%
Rolling 1Y · windows positive100%
Rolling 3Y · average232 windows since 20 Mar 20225.23%
Rolling 3Y · median5.42%
Rolling 3Y · worst window3.68%
Rolling 3Y · best window6.50%
Rolling 3Y · windows positive100%
Rolling 5Y · average128 windows since 18 Mar 20245.19%
Rolling 5Y · median5.17%
Rolling 5Y · worst window4.77%
Rolling 5Y · best window5.73%
Rolling 5Y · windows positive100%

Every window of that length in the published history, so one lucky start date cannot flatter the fund.

Risk

Volatility (3Y)0.12%
Downside deviation (3Y)0.00%
Maximum drawdown0.00%

Management

Fund managerMr. Sachin Jain, Hardik Satra
Managing since2 Sep 2026

What it holds

SecurityWeight
GOVERNMENT OF INDIA 37341 091 DAYS TBILL 09JL26 FV RS 1002.4%
GOVERNMENT OF INDIA 37391 091 DAYS TBILL 23JL26 FV RS 1001.9%
GOVERNMENT OF INDIA 36212 364 DAYS TBILL 16JL26 FV RS 1001.5%
GOVERNMENT OF INDIA 37370 091 DAYS TBILL 16JL26 FV RS 1000.6%
GOVERNMENT OF INDIA 36939 182 DAYS TBILL 17JL26 FV RS 1000.4%
SectorWeight
Financial6.7%

Portfolio disclosed: 6.7% by weight.

Related

Source: the OmniAsset signed reference snapshot, as of 3 Sep 2026. Figures are deterministic; missing data is withheld, never estimated. See methodology and data sources. Not investment advice.

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