Axis Overnight Fund Regular Growth+0.01%

3.71%
1 Year Return
Debt
Overnight
4.0star
6M
1Y
All

Fund Details

Axis Overnight Fund Regular Growth

RiskLow
Min SIP AmountNot Supported
Expense Ratio0.12%
NAV1073.16 (28 Oct 2020)
Fund Started13 Mar 2019
Fund Size5,347 Cr

Returns

1Y
3Y*
5Y*
Since inception*
Axis Overnight Fund Regular Growth
3.7%
NA
NA
4.4%
Category Average
3.7%
5.0%
5.5%
-
Rank within category
7
NA
NA
-
*All returns are annualized.
SIP
Lumpsum
I want to invest per month5,000
    Estimated Value
    as per Historical Returns
    0
    with 3.7% annual returns

    Comparison

    Data not available
    Pros
    1. Lower expense ratio - 0.12%
    2. Exit load is zero
    Cons
    1. Age is less than 3 years

    Fund Managers

    addAditya Pagaria
    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.
    Funds Managed

    Axis Overnight Fund Regular Growth Details

    Axis Overnight Fund Regular Growth is a Debt Mutual Fund Scheme launched by Axis Mutual Fund. This scheme was made available to investors on 13 Mar 2019. Aditya Pagaria is the Current Fund Manager of Axis Overnight Fund Regular Growth fund.The fund currently has an Asset Under Management(AUM) of ₹5,347 Cr and the Latest NAV as of 28 Oct 2020 is ₹1073.16.

    The Axis Overnight Fund Regular Growth is rated Low risk. Minimum Lumpsum Investment is 500.

    Investment Objective

    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.

    Tax Implications

    Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.

    Scheme Information Document(SID)

    ₹500
    Min for First Investment
    ₹500
    Min for Second Investment
    Nil
    Exit Load

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    About Axis Mutual Fund

    Address
    Axis House, 1st Floor, C-2, Wadia International Centre, Pandurang Budhkar Marg, Worli, Mumbai 400025
    Phone
    022-43255161
    Launch Date
    04 Sep 2009
    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,
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