Axis Overnight Fund - Direct Plan - Growth

Regular

Regular and Direct options of the funds are exactly same except commission to your mutual fund broker/distributor. As an investor you do not need to pay any additional fees to purchase any of these options. However both have different expense ratios. Regular funds have higher expense ratio and direct funds have lower expense ratio. This difference is because of commission paid to broker/distributor. Lower expense ratio leads to higher returns for investors.
Direct

Regular and Direct options of the funds are exactly same except commission to your mutual fund broker/distributor. As an investor you do not need to pay any additional fees to purchase any of these options. However both have different expense ratios. Regular funds have higher expense ratio and direct funds have lower expense ratio. This difference is because of commission paid to broker/distributor. Lower expense ratio leads to higher returns for investors.

Category : Overnight Fund

Scheme Objective

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.

Scheme Details

Fund manager(s) – Sachin Jain , Hardik Satra
Launch date – 15-Mar-2019
Expense ratio – 0.07% as declared on 31-Aug-2025 (category average is 0.08%)
Benchmark - Nifty 1D Rate Index

Min SIP amount - ₹
Min investment amount (one time- first time) - ₹
Min investment amount (addtional purchase) - ₹
Type : Open Ended Fund. You can invest any time in this fund.

Exit Load

Data not available.

Asset Monitor

Total AUM for this Scheme (Cr)

Category Total AUM (Cr)

% of Assets in Category

2025

9723.10

0.00

0.00%

Aug - 2025	9723.10	0.00%
Jul - 2025	11478.86	0.00%
Jun - 2025	8297.25	0.00%
May - 2025	8725.89	0.00%
Apr - 2025	9112.66	0.00%
Mar - 2025	6348.03	0.00%
Feb - 2025	7828.07	0.00%
Jan - 2025	8869.30	0.00%

2024

8626.37

0.00

0.00%

Dec - 2024	8626.37	0.00	0.00%
Nov - 2024	8404.40	0.00	0.00%
Oct - 2024	9541.25	0.00	0.00%
Sep - 2024	8135.21	0.00	0.00%
Aug - 2024	7875.75	0.00	0.00%
Jul - 2024	8181.13	0.00	0.00%
Jun - 2024	7224.51	0.00	0.00%
May - 2024	9383.44	90432.04	10.38%
Apr - 2024	8611.00	83280.65	10.34%
Mar - 2024	4913.06	61560.33	7.98%
Feb - 2024	10498.82	88802.69	11.82%
Jan - 2024	10433.45	104930.54	9.94%

2023

8564.17

87757.74

9.76%

Dec - 2023	8564.17	87757.74	9.76%
Nov - 2023	9845.92	98642.75	9.98%
Oct - 2023	11340.97	99300.43	11.42%
Sep - 2023	7147.70	82255.84	8.69%
Aug - 2023	13527.69	107342.01	12.60%
Jul - 2023	8017.90	94155.99	8.52%
Jun - 2023	8805.50	89406.39	9.85%
May - 2023	9659.15	101767.61	9.49%
Apr - 2023	9822.96	102520.23	9.58%
Mar - 2023	7889.30	95800.73	8.24%
Feb - 2023	12566.34	119004.06	10.56%
Jan - 2023	12096.28	119576.27	10.12%

2022

9326.55

102818.15

9.07%

Dec - 2022	9326.55	102818.15	9.07%
Nov - 2022	8901.76	120436.44	7.39%
Oct - 2022	13126.49	154367.08	8.50%
Sep - 2022	10851.98	139080.33	7.80%
Aug - 2022	12062.54	120037.67	10.05%
Jul - 2022	10814.38	140426.40	7.70%
Jun - 2022	11356.56	127681.69	8.89%
May - 2022	10000.35	137381.45	7.28%
Apr - 2022	9563.20	106546.21	8.98%
Mar - 2022	8349.56	100940.29	8.27%
Feb - 2022	11669.07	113058.51	10.32%
Jan - 2022	15310.87	128929.12	11.88%

2021

9000.23

92685.93

9.71%

Dec - 2021	9000.23	92685.93	9.71%
Nov - 2021	8428.47	99191.80	8.50%
Oct - 2021	12896.70	123289.68	10.46%
Sep - 2021	9944.16	108128.43	9.20%
Aug - 2021	6777.55	94665.81	7.16%
Jul - 2021	7427.05	88345.76	8.41%
Jun - 2021	7783.22	89367.09	8.71%
May - 2021	6878.07	89684.72	7.67%
Apr - 2021	6151.93	88832.59	6.93%
Mar - 2021	5448.13	69985.18	7.78%
Feb - 2021	4550.00	73912.68	6.16%
Jan - 2021	6875.42	83431.39	8.24%

2020

6472.05

76292.57

8.48%

Dec - 2020	6472.05	76292.57	8.48%
Nov - 2020	3735.96	66326.47	5.63%
Oct - 2020	3889.92	70813.57	5.49%
Sep - 2020	5347.45	81957.53	6.52%
Aug - 2020	4031.55	70836.97	5.69%
Jul - 2020	3912.28	71894.87	5.44%
Jun - 2020	4258.83	83164.43	5.12%
May - 2020	4199.13	82887.05	5.07%
Apr - 2020	2809.56	81763.20	3.44%
Mar - 2020	3705.53	78332.76	4.73%
Feb - 2020	2305.16	51292.42	4.49%
Jan - 2020	2884.90	52416.71	5.50%

Tax Rate

Any profit will be clubbed with your income and taxed at your effective tax rate.

Contact Details

Axis Asset Management Co. Ltd.

One Lodha Place, 22 & 23 Floor, Senapati Bapat Marg, Lower Parel, Mumbai, Maharashtra, Pin: 400 013 Mumbai 400025
Tel no.: 022-66496100
Fax no.: 022-43255199
Website.: https://www.axismf.com

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krishna_ksvs
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6 days ago

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41 days ago

JMFLEXICAPfund regular is howing worst performance. bought at 107.693 in jly 24 and now 97.43 how to shuffle and compensate loss View more | 1

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Diversify Your Investment Portfolio with State-Secured Confidence ✔️ Coupon: 7.65% ✔️ Tenor: 7y 4m (Maturity: 22/Feb/2033) A State Government security designed for investors seeking predictable, low-risk growth with assured payouts and sovereign trust. ???? Explore on The Fixed Income: https://www.thefixedincome.com/product/dVJhdFpBPT0=/765-haryana-sdl-2033?utm_source=Moneycontrol&utm_medium=Forum&utm_campaign=Product_list View more

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  Diversify Your Investment Portfolio with State-Secured Confidence ✔️ Coupon: 7.65% ✔️ Tenor: 7y 4m (Maturity: 22/Feb/2033) A State Government security designed for investors seeking predictable, low-risk growth with assured payouts and sovereign trust. ???? Explore on The Fixed Income: https://www.thefixedincome.com/product/dVJhdFpBPT0=/765-haryana-sdl-2033?utm_source=Moneycontrol&utm_medium=Forum&utm_campaign=Product_list
  
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70 days ago

Dividend last declared by SBI Long Term Equity Fund - regular Plan -IDCW was in the year 2022. Is there any specific reason given by fund managers for non declaration of dividend. Please let me know. View more

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sunny85deol
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107 days ago

Hello sir, I have been invested in these funds since 2017. Last SIP was in 2021. As their NAV have grown so I was thinking of switching to other funds with lower NAV. View more

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107 days ago

Hi Sunny, what is he period of holding and also any particular reson for withdrawl out of these two funds that have grown over a period of time View more | 1

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