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Axis Overnight Fund Regular Growth+0.01%

3.27%
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%
NAV₹1080.68 (24 Jan 2021)
Fund Started13 Mar 2019
Fund Size6,472 Cr

Returns

1Y
3Y*
5Y*
Since inception*
Fund Returns
3.3%
-
-
4.2%
Category Average
3.2%
4.8%
5.3%
-
Rank Within Category
7
-
-
-
*All returns are annualized.
ONE TIME
Minimum SIP amount0
Amount Per Month₹5,000
Would have become
0
with 3.3% returns per annum

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

Aditya Pagaria
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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 ₹6,472 Cr and the Latest NAV as of 24 Jan 2021 is ₹1080.68.

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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