Fund Overview
Axis Overnight Fund
Scheme Type: Debt
Fund Manager:
Mr. Hardik Satra + 1
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NAV as on Oct 10, 2025
₹ 1391.1
CAGR
6.16 %
AUM as on 30 Sep 2025(in Cr.)
₹ 8,742.76
Updated as on: September 30, 2025
Risk
Low
An open ended debt scheme investing in overnight securities
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.However, there can be no assurance or guarantee that the investment objective of the scheme would be achieved.
Benefits of
Invest in Overnight Securities
Minimal Credit Risk
Ideal for Investors looking to park funds overnight
Highly liquid and low risk investment option for investors.
Potential Risk Class
A Potential Risk Class matrix consists of parameters based on maximum interest rate risk (measured by Macaulay Duration (MD) of the scheme) and maximum credit risk (measured by Credit Risk Value (CRV) of the scheme).
Fund Manager
Mr. Sachin Jain
Managing this fund since 09th Nov 2021
16
Years
Work Experience
See all schemes managed by Sachin Jain
Mr. Hardik Satra
Managing this fund since 04th Nov 2024
13
Years
Work Experience
See all schemes managed by Hardik Satra
Entry Load
NA
Exit Load
Nil
Debt Quants
Average Maturity@*
2 days
Modified Duration@*
2 days
Mac D
2 days
Portfolio Yield (Yield to Maturity&) - Monthly
5.48%
Disclaimer: * For instruments with put/call option, the put/call date has been taken as the maturity date. & The yield to maturity given above is based on the portfolio of funds as on date given above. This should not be taken as an indication of the returns that maybe generated by the fund and the securities bought by the fund may or may not be held till their respective maturities. The calculation is based on the invested corpus of the debt portfolio. In case of semi annual YTM, it will be annualised
Updated as on:
This product is suitable for investors who are seeking*
- Regular income with high levels of safety and liquidity over short term.
- Investment in debt and money market instruments with overnight maturity
*Investors should consult their financial advisers if in doubt about whether the product is suitable for them
Axis Overnight Fund
The risk of the scheme is Low
NIFTY 1D Rate Index
The risk of the benchmark is Low
Minimum Investment Amount
- Lumpsum Investment :₹ 500
- Additional Investment :₹ 500
- Systematic Investment :₹ 100
Goal Planning
Big or small, everyone has goals that they want to accomplish. There are some goals you’re able to fulfil and others that you’re not. With proper planning a lot of this can be managed.
Savings, on their own are not enough. And most people who invest, do so in an ad-hoc manner. When the markets look promising, they follow the trend and invest like others do. When the volatility sets in, they worry over their investments and take uninformed decisions.
Access all the goal features and benefits at No Cost.
Choose your goal
Let your money work for your goals.
Issuers
Top 4 Issuers
% Of Net Assets
91 Days Tbill
4.57
182 Days Tbill
0.62
364 Days Tbill
0.26
Net Current Assets
94.56
IDCW
IDCW (₹ Per Unit) | NAV Per Unit |
| Record Date | Option | Individuals/HUF | Others | Cum IDCW | Ex IDCW |
| Aug 25, 2025 | Monthly Dividend | 4.555 | 4.555 | 1005.400 | 1000.846 |
| Jul 25, 2025 | Monthly Dividend | 4.387 | 4.387 | 1005.233 | 1000.846 |
| Jun 25, 2025 | Monthly Dividend | 4.437 | 4.437 | 1005.283 | 1000.846 |
Disclaimer: Pursuant to payment of Distribution (of Income & Capital), the NAV of the above stated IDCW options of the scheme/plan would fall to the extent of payout and statutory levy, if any. Past performance may or may not be sustained in future. Face value of units is Rs. 1000. IDCW means Income Distribution cum Capital Withdrawal.
IDCW History
Select Plan
Select Timeframe
11-07-2025
11-10-2025
Investment Packs
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Axis Bank Ltd. is not liable or responsible for any loss or shortfall resulting from the operation of the scheme.
Past performance may or may not be sustained in future. Please consult your financial advisor before investing.
Mutual fund investments are subject to market risks, read all scheme related documents carefully.
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