How to Invest in Axis Overnight Fund Direct Growth?

You can easily invest in Axis Overnight Fund Direct Growth in a hassle-free manner on Groww. The process is extremely simple, quick and completely paperless. Invest in a few minutes with the following steps: Log on to your Groww account Search for Axis Overnight Fund Direct Growth from the search box In order to invest, you will have to complete all the KYC formalities which are completely online and paperless and take a few minutes to complete Once you are done with that, you can start investing in Axis Overnight Fund Direct Growth as SIP or lumpsum as per your investment objective and risk tolerance

What kind of returns does Axis Overnight Fund Direct Growth provide?

The Axis Overnight Fund Direct Growth has been there from 15 Mar 2019 and the average annual returns provided by this fund is 5.93% since its inception.

How much expense ratio is charged by Axis Overnight Fund Direct Growth?

The term Expense Ratio used for Axis Overnight Fund Direct Growth or any other mutual fund is the annual charges one needs to pay to the Mutual Fund company for managing your investments in that fund. The Expense Ratio of Axis Overnight Fund Direct Growth is 0.07% as of 13 Dec 2025...

What is the AUM of Axis Overnight Fund Direct Growth?

The AUM, short for Assets Under Management of Axis Overnight Fund Direct Growth is ₹8,896.57Cr as of 13 Dec 2025.

How to Redeem Axis Overnight Fund Direct Growth?

If you want to sell your Axis Overnight Fund Direct Growth holdings, go to your holding on the app or web and simply click on it. You will get two options - redeem & invest more; click on redeem and enter your desired amount or if you wish to redeem the entire holding amount then select the 'redeem all' checkbox.

Can I invest in SIP and Lump Sum of Axis Overnight Fund Direct Growth?

You can select either SIP or Lumpsum investment of Axis Overnight Fund Direct Growth based on your investment objective and risk tolerance.

What is the NAV of Axis Overnight Fund Direct Growth?

The NAV of Axis Overnight Fund Direct Growth is ₹1,404.32 as of 14 Dec 2025.

What is the PE and PB ratio of Axis Overnight Fund Direct Growth?

The PE ratio ratio of Axis Overnight Fund Direct Growth is determined by dividing the market price by its earnings per share and the PB ratio of the same is evaluated by dividing the stock price per share by its book value per share (BVPS).

Name	Sector	Instrument	Assets
Reserve Bank of India	Financial	T-Bills	2.08%
Reserve Bank of India	Financial	T-Bills	0.84%
Reserve Bank of India	Financial	T-Bills	0.56%
Reserve Bank of India	Financial	T-Bills	0.39%

Min. for 1st investment	₹100
Min. for 2nd investment onwards	₹100

	1Y	3Y	5Y	All
Fund returns	5.9%	6.5%	5.4%	5.2%
Category average	5.8%	6.3%	5.3%	NA
Rank with in category	3	3	3	NA

Debt, Overnight funds	Rating	1Y	3Y	Fund Size(Cr)
Axis Overnight Fund Direct Growth	5	5.9%	6.5%	8,896.57
Nippon India Overnight Fund Direct Growth	4	5.9%	6.5%	6,310.66
Tata Overnight Fund Direct Growth	4	5.9%	6.5%	3,564.40
Aditya Birla Sun Life Overnight Fund Direct Growth	4	5.9%	6.4%	8,713.34
Kotak Overnight Fund Direct Growth	4	5.9%	6.4%	6,725.00

Rank (total assets)	#7 in India
Total AUM	₹3,62,655.43Cr

Axis Overnight Fund Direct Growth

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Holdings (4)

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Expense ratio: 0.07%

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Sachin JainNov 2021 - PresentView details

Hardik SatraNov 2024 - PresentView details

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Sachin Jain
Nov 2021 - Present
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Hardik Satra
Nov 2024 - Present
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