Axis Overnight Fund Regular Weekly Idcw Payout

Debt Earn interest on cash balances
Overnight Fund
Category Rank
Axis Overnight Fund Regular Weekly Idcw Payout
Rating
Fund
Time to Invest
Axis Overnight Fund Regular Weekly Idcw Payout
NAV
1000.8405
(14/04/2021)
L 52Wk H
1000.67
1001.28
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Axis Overnight Fund Regular Weekly Idcw Payout

Debt
Overnight Fund
Earn interest on cash balances
Rank Axis Overnight Fund Regular Weekly Idcw Payout
Fund
NAV
1000.8405
(14/04/2021)
Time to Invest
Axis Overnight Fund Regular Weekly Idcw Payout
Rating
L 52Wk H
1000.67
1001.28
Investment Objective

The investment objective of the Scheme is 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. .

Category
  • Debt - Overnight Fund
Benchmark
  • Nifty 1D Rate Index
Returns
Absolute
1M
0.26%
3M
0.75%
6M
1.49%
Annualised
1Y
3.04%
3Y
-
5Y
-
Historical NAV
NAV for scheme Axis Overnight Fund - Regular Plan - Weekly IDCW is
Growth of 10,000
An investment of 10000 for in this scheme would have grown to Rs.

Risk of the fund

Axis Overnight Fund Regular Weekly Idcw Payout

AUM

5448.13 Cr
Axis Overnight Fund Regular Weekly Idcw Payout AUM is 130% higher than other schemes in the category

Load

Entry Load - NIL
Exit Load - NIL
Lock In Period - NIL

Expense Ratio

0.12%
Axis Overnight Fund Regular Weekly Idcw Payout Expense Ratio is 51% lower than other schemes in the category

Turnover Ratio

NA