Axis Overnight Fund Direct Growth - Latest NAV[1116.91], MF Performance & Returns 2022

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Axis Overnight Fund Direct Growth
Debt
Overnight
Low Risk
0.29%
1M return
+0.01% 1D
1M
6M
1Y
All
 NAV: 23 Jan 2022₹1,116.91
Min. SIP amountNA
Rating4
Fund size₹9,000.23Cr
Understand termsAnnualised returnsAverage of the yearly returns of a mutual fund over a given period.
Absolute returnsThe total return of a mutual fund over a given period.
Returns and rankingsCategory: Debt Overnight
Absolute returns
3M6M1YAll
Fund returns0.9%1.6%3.2%11.7%
Category averageNANA3.0%NA
Rank with in category789NA
Understand terms
Holdings (1)NameSectorInstrumentAssets
Reliance Industries Ltd.
EnergyCorporate Bond Repo11.0%
Understand termsExpense ratioA fee payable to a mutual fund house for managing your mutual fund investments. It is the total percentage of a company’s fund assets used for administrative, management, advertising, and other expenses.
TaxA percentage of your capital gains payable to the government upon exiting your mutual fund investments. Taxation is categorized as long-term capital gains (LTCG) and short-term capital gains (STCG) depending on your holding period and the type of fund.
Exit loadA fee payable to a mutual fund house for exiting a fund (fully or partially) before the completion of a specified period from the date of investment.
Stamp dutyA form of tax payable for the purchase or sale of an asset or security. 
Past expense ratio & exit load
Expense ratio
Exit load
31 Dec 2021 - Present
0.06%
30 Nov 2021 - 31 Dec 2021
0.06%
31 Oct 2021 - 30 Nov 2021
0.06%
30 Sep 2021 - 31 Oct 2021
0.06%
31 Aug 2021 - 30 Sep 2021
0.09%
31 Jul 2021 - 31 Aug 2021
0.06%
30 Jun 2021 - 31 Jul 2021
0.06%
31 May 2021 - 30 Jun 2021
0.06%
30 Apr 2021 - 31 May 2021
0.04%
31 Mar 2021 - 30 Apr 2021
0.04%
28 Feb 2021 - 31 Mar 2021
0.07%
31 Jan 2021 - 28 Feb 2021
0.07%
31 Dec 2020 - 31 Jan 2021
0.07%
30 Nov 2020 - 31 Dec 2020
0.07%
31 Oct 2020 - 30 Nov 2020
0.07%
30 Sep 2020 - 31 Oct 2020
0.07%
31 Aug 2020 - 30 Sep 2020
0.05%
31 Jul 2020 - 31 Aug 2020
0.05%
30 Jun 2020 - 31 Jul 2020
0.05%
31 May 2020 - 30 Jun 2020
0.05%
30 Apr 2020 - 31 May 2020
0.05%
31 Mar 2020 - 30 Apr 2020
0.05%
29 Feb 2020 - 31 Mar 2020
0.05%
31 Jan 2020 - 29 Feb 2020
0.09%
31 Dec 2019 - 31 Jan 2020
0.09%
30 Nov 2019 - 31 Dec 2019
0.09%
31 Oct 2019 - 30 Nov 2019
0.11%
30 Sep 2019 - 31 Oct 2019
0.11%
31 Aug 2019 - 30 Sep 2019
0.11%
31 Jul 2019 - 31 Aug 2019
0.11%
30 Jun 2019 - 31 Jul 2019
0.11%
31 May 2019 - 30 Jun 2019
0.11%
30 Apr 2019 - 31 May 2019
0.11%
31 Mar 2019 - 30 Apr 2019
0.11%
Expense ratio, exit load and taxExpense ratio: 0.06%Inclusive of GST
Exit loadNil
Stamp duty0.005% (from July 1st, 2020)
Tax implicationReturns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.
Understand terms
Check past data
Minimum investment amountsMin. for 1st investment₹500
Min. for 2nd investment onwards₹500
Min. for SIPNA
Fund managementAditya Pagaria
Mar 2019 - Present
View details
Education
Mr. Pagaria is a Bachelor in Management Studies and holds a Post Graduate Diploma in Business Management from Institute Of Technology And Management, SK Somaiya College.
Experience
Prior to joining Axis AMC he was associated with ICICI Prudential AMC (Nov 2011-Jul 2016) as Fund Manager - Fixed Income Operations.
Also manages these schemes
Axis Liquid Fund Growth
Axis Liquid Fund IDCW Daily
Axis Liquid Fund IDCW Weekly
Axis Liquid Fund IDCW Monthly
Axis Treasury Advantage Fund Growth
Axis Treasury Advantage Fund IDCW Daily
Axis Treasury Advantage Fund IDCW Weekly
Axis Treasury Advantage Fund IDCW Monthly
Axis Liquid Fund Retail IDCW Daily
Axis Liquid Fund Retail Growth
Axis Liquid Fund Retail IDCW Monthly
Axis Liquid Fund Retail IDCW Weekly
Axis Treasury Advantage Fund Retail Growth
Axis Treasury Advantage Fund Retail IDCW Monthly
Axis Treasury Advantage Fund Retail IDCW Weekly
Axis Treasury Advantage Fund Retail IDCW Daily
Axis Gold ETF Fund
Axis Gold Fund Growth
Axis Gold Fund IDCW
Axis Banking & PSU Debt Fund Growth
Axis Banking & PSU Debt Fund IDCW Daily
Axis Banking & PSU Debt Fund IDCW Weekly
Axis Banking & PSU Debt Fund IDCW Monthly
Axis Liquid Direct Fund IDCW Daily
Axis Liquid Direct Fund Growth
Axis Liquid Direct Fund IDCW Weekly
Axis Liquid Direct Fund IDCW Monthly
Axis Banking & PSU Debt Direct Plan IDCW Weekly
Axis Banking & PSU Debt Direct Plan IDCW Daily
Axis Banking & PSU Debt Direct Plan Growth
Axis Banking & PSU Debt Direct Plan IDCW Monthly
Axis Gold Direct Plan IDCW
Axis Gold Direct Plan Growth
Axis Treasury Advantage Direct Fund Growth
Axis Treasury Advantage Direct Fund IDCW Weekly
Axis Treasury Advantage Direct Fund IDCW Daily
Axis Treasury Advantage Direct Fund IDCW Monthly
Axis Banking & PSU Debt Direct Plan Bonus
Axis Liquid Direct Fund Bonus
Axis Treasury Advantage Direct Fund Bonus
Axis Equity Advantage Fund Series 1 Direct Growth
Axis Equity Advantage Fund Series 1 Regular Growth
Axis Equity Advantage Fund Series 2 Regular Growth
Axis Ultra Short Term Fund Direct IDCW Daily
Axis Ultra Short Term Fund Direct Growth
Axis Ultra Short Term Fund Direct IDCW Monthly
Axis Ultra Short Term Fund Direct IDCW
Axis Ultra Short Term Fund Direct IDCW Weekly
Axis Ultra Short Term Fund Regular IDCW Daily
Axis Ultra Short Term Fund Regular Growth
Axis Ultra Short Term Fund Regular IDCW Monthly
Axis Ultra Short Term Fund Regular IDCW
Axis Ultra Short Term Fund Regular IDCW Weekly
Axis Overnight Fund Direct Growth
Axis Overnight Fund Direct IDCW Monthly
Axis Overnight Fund Regular Growth
Axis Overnight Fund Direct IDCW Daily
Axis Overnight Fund Regular IDCW Daily
Axis Money Market Fund Direct Growth
Axis Money Market Fund Regular Growth
Axis Money Market Fund Direct IDCW Monthly
Axis Money Market Fund Regular IDCW Quarterly
Axis Money Market Fund Direct IDCW Yearly
Axis Money Market Fund Regular IDCW Monthly
Axis AAA Bond Plus SDL ETF 2026 Maturity Growth
Axis Floater Fund Regular Growth
Axis Floater Fund Direct Growth
Axis AAA Bond Plus SDL ETF 2026 Maturity FoF Direct Growth
Axis AAA Bond Plus SDL ETF 2026 Maturity FoF Direct IDCW
Sachin Jain
Nov 2021 - Present
View details
Education
Mr. Jain is a B.Tech, AGMP (Management)
Experience
Prior to joining Axis Asset Management Company Ltd., he has worked with Sundaram Mutual Fund, I- Cap, Sunidhi securities and Finance Ltd.
Also manages these schemes
Axis Regular Saver Fund Growth
Axis Regular Saver Fund IDCW Quarterly
Axis Regular Saver Fund IDCW Half Yearly
Axis Regular Saver Fund IDCW Yearly
Axis Regular Saver Fund Direct IDCW Yearly
Axis Regular Saver Fund Direct IDCW Quarterly
Axis Regular Saver Fund Direct Growth
Axis Arbitrage Fund Regular Growth
Axis Arbitrage Fund Direct Growth
Axis Arbitrage Fund Direct IDCW
Axis Arbitrage Fund Regular IDCW
Axis Ultra Short Term Fund Direct IDCW Daily
Axis Ultra Short Term Fund Direct Growth
Axis Ultra Short Term Fund Direct IDCW Monthly
Axis Ultra Short Term Fund Direct IDCW
Axis Ultra Short Term Fund Direct IDCW Weekly
Axis Ultra Short Term Fund Regular IDCW Daily
Axis Ultra Short Term Fund Regular Growth
Axis Ultra Short Term Fund Regular IDCW Monthly
Axis Ultra Short Term Fund Regular IDCW
Axis Ultra Short Term Fund Regular IDCW Weekly
Axis Overnight Fund Direct Growth
Axis Overnight Fund Direct IDCW Monthly
Axis Overnight Fund Regular Growth
Axis Overnight Fund Direct IDCW Daily
Axis Overnight Fund Regular IDCW Daily
Axis Money Market Fund Direct Growth
Axis Money Market Fund Regular Growth
Axis Money Market Fund Direct IDCW Monthly
Axis Money Market Fund Regular IDCW Quarterly
Axis Money Market Fund Direct IDCW Yearly
Axis Money Market Fund Regular IDCW Monthly
Axis Multicap Fund Regular Growth
Axis Multicap Fund Direct Growth
Axis Multicap Fund Direct IDCW
Fund house & investment objective
Axis Mutual Fund
Rank (total assets)#7 in India
Total AUM₹1,94,434.19Cr
Date of Incorporation04 Sep 2009
 Axis Overnight Fund Direct Growth is a Debt Mutual Fund Scheme launched by Axis Mutual Fund. This scheme was made available to investors on 
 Axis Overnight Fund Direct Growth is a Debt Mutual Fund Scheme launched by Axis Mutual Fund. This scheme was made available to investors on 04 Sep 2009. Aditya Pagaria is the Current Fund Manager of Axis Overnight Fund Direct Growth fund. The fund currently has an Asset Under Management(AUM) of ₹1,94,434 Cr and the Latest NAV as of 23 Jan 2022 is ₹1,116.91.
The Axis Overnight Fund Direct Growth is rated Low risk. Minimum Lumpsum Investment is 500.
...Read more
Investment Objective
The Scheme seeks to provide reasonable returns commensurate with very low interest rate risk and providing a high level of liquidity, through investme
The Scheme seeks 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.
...Read more
Fund benchmarkNIFTY 1D Rate Index
Scheme Information Document(SID)
Fund house contact details
Address
Axis House, 1st Floor, C-2, Wadia International Centre, Pandurang Budhkar Marg, Worli, Mumbai 400025
Phone
022-43255161
Launch Date
04 Sep 2009
E-mail
[email protected]
Website
NA
Axis Mutual Fund
Asset Management Company
Custodian
Deutsche Bank
Registrar & Transfer Agent
KFin Tech
Address
Karvy House, No. 46, 8-2-609/K, Avenue 4, Street No.1 Banjara Hills,
Email
[email protected]
Website
www.karvymfs.com
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FAQsHow 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 3.24% 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 0.06% as of 23 Jan 2022...
What is the AUM of Axis Overnight Fund Direct Growth?
The AUM, short for Assets Under Management of Axis Overnight Fund Direct Growth is ₹9,000.23Cr as of 23 Jan 2022.
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 ₹1,116.91 as of 23 Jan 2022.
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).

	3M	6M	1Y	All
Fund returns	0.9%	1.6%	3.2%	11.7%
Category average	NA	NA	3.0%	NA
Rank with in category	7	8	9	NA

Name	Sector	Instrument	Assets
Reliance Industries Ltd.	Energy	Corporate Bond Repo	11.0%

Rank (total assets)	#7 in India
Total AUM	₹1,94,434.19Cr

Date of Incorporation	04 Sep 2009

Fund benchmark	NIFTY 1D Rate Index

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Min. for 1st investment	₹500
Min. for 2nd investment onwards	₹500

Rating	4
Fund size	₹9,000.23Cr