AXIS Overnight Fund - Direct (IDCW-D) RI
Overnight FundNAV
1000.51(0.00%)Fund Size (CR)
₹8,216.27Expense Ratio
0.09Scheme Type
Active FundValue Research
-
Min. investment
₹5,000Minimum Additional Investment
₹1,000Minimum SIP Investment
₹100Minimum Withdrawal
₹1Exit Load
0%Return Since Launch
4.96%
Basic Details
Scheme Manager
Sachin Jain
Bench Mark
Nifty 1D Rate TRI
Type
OPEN
Lumpsum Returns
| Period Invested For | ₹10,000 Invested on | Latest Value | Absolute Returns | Annualised Returns | Category Avg | Rank within Category |
|---|---|---|---|---|---|---|
| 1 Week | July 15, 2026 | 10008.42 | 0.08% | - | 0.09% | 217/277 |
| 1 Month | June 22, 2026 | 10039.40 | 0.39% | - | 0.38% | 204/273 |
| 3 Month | April 22, 2026 | 10122.02 | 1.22% | - | 1.21% | 206/273 |
| 6 Month | January 22, 2026 | 10250.74 | 2.51% | - | 2.39% | 163/273 |
| 1 Year | July 22, 2025 | 10526.00 | 5.26% | 5.26% | 4.94% | 145/260 |
| 3 Year | July 22, 2023 | 11795.64 | 17.96% | 5.65% | 5.49% | 209/246 |
| 5 Year | July 22, 2021 | 12962.66 | 29.63% | 5.32% | 5.46% | 156/178 |
| Since Inception | March 15, 2019 | 14275.24 | 42.75% | 4.96% | 5.56% | 200/275 |
Note: Lumpsum Returns since Inception Date.
SIP Returns
| Period Invested For | ₹10,000 Invested on | Investments | Latest Value | Absolute Returns | Annualised Returns |
|---|---|---|---|---|---|
| 1 Year | August 1, 2025 | 1,20,000 | 171240.00 | 42.70% | 42.70% |
| 3 Year | August 1, 2023 | 3,60,000 | 513720.00 | 42.70% | 12.58% |
| 5 Year | August 1, 2021 | 6,00,000 | 856200.00 | 42.70% | 7.37% |
| 10 Year | - | - | - | - | - |
Note: SIP Returns since Inception Date.
Tax Treatment
If sold after 1 year from purchase date, long term capital gain tax will be applicable. Current tax rate is 10%, if your total long term capital gain exceeds 1 lakh. Any cess/surcharge is not included.If sold before 1 year from purchase date, short term capital gain tax will be applicable. Current tax rate is 15%. Any cess/surcharge is not included in the 15%.
Risk Ratios
0.04%
Standard Deviation
0.79%
Beta
0.77%
Sharpe Ratio
26.08%
Treynor's Ratio
-0.36%
Jension's Alpha
Asset Allocation
Sector Allocation
Top 10 stock holding in portfolio
| Stock Invested in | % of Total Holdings | Quantity | Value (Cr) | Asset Type | Segment |
|---|---|---|---|---|---|
| There's no data available of Stock Holdings | |||||
Peer Comparison
| Scheme Name | Value Research | Asset Size (Cr) | 1M | 3M | 6M | 1Y | 3Y |
|---|---|---|---|---|---|---|---|
| AXIS Overnight Fund - Direct (IDCW-D) RI | 8216.27 | 0.39% | 1.22% | 2.51% | 5.26% | 5.65% | |
| Groww Overnight Fund - Direct (IDCW-D) RI | 95.37 | 0.60% | 2.42% | 4.59% | 9.08% | 7.00% | |
| DSP Overnight Fund - Direct (IDCW-D) RI | 3222.18 | 0.39% | 4.08% | 5.33% | 8.08% | 6.77% | |
| TRUSTMF Overnight Fund - Direct (IDCW-D) RI | 49.63 | 0.68% | 2.12% | 4.02% | 7.81% | 7.86% | |
| Aditya Birla SL Overnight Fund - Dir (IDCW-W)RI | 8573.95 | 0.44% | 1.41% | 4.39% | 7.12% | 6.79% | |
| Bandhan Overnight Fund - Direct (IDCW-D) RI | 1260.16 | 0.52% | 1.61% | 3.26% | 6.72% | 7.74% |
List of Schemes under Axis Mutual Fund
News
Axis Mutual Fund announces Appointment of Key Personnel
Axis Mutual Fund has announced that Mr. Prateek Malhotra has been appointed as a Research Analyst - Equity for Mutual Fund business and is a Key Personnel at Axis Asset Management Company Ltd, with effect from July 02, 2026.Name: Mr. Prateek Malhotra,
Age: 61 years
Designation: Research Analyst - Equity
Qualification: B.A. (Hons) Economics, PGDM (Business Management - Finance)
Powered by Capital Market - Live News
Axis Mutual Fund announces change in Exit Load Structure
Axis Mutual Fund has announced change in exit load structure under following scheme stands revised with effect from July 13, 2026.Change in Exit Load:
Name of the Scheme Existing Exit Load Proposed exit load w.e.f July 13, 2026('Effective Date') Axis Strategic Bond Fund If redeemed / switched out within 15 days from the date of allotment: 1% If redeemed/ switched out after 15 days from the date of allotment: Nil
Nil Powered by Capital Market - Live News
Axis Mutual Fund announces change in scheme name
Axis Mutual Fund has announced change in scheme name under the following scheme, with effect from August 13 2026.Changes in Scheme Name:
Existing Scheme Name Revised Scheme Name Axis Income Plus Arbitrage Active FOF Axis Income Plus Arbitrage Omni FOF Axis Multi-Asset Active FOF Axis Multi-Asset Omni FOF Powered by Capital Market - Live News
Fund House Details & Investment Objective
Date of Incorporation
March 7, 2019
Total AUM (Cr)
₹11624.04
AXIS Overnight Fund - Direct (IDCW-D) RI is an Overnight Fund-oriented fund from the renowned AMC, Axis Mutual Fund. Launched in March 7, 2019, this fund is managed by Sachin Jain. With assets under management (AUM) worth ₹11,624.04 (Cr), as of July 23, 2026, AXIS Overnight Fund - Direct (IDCW-D) RI is categorized as a Overnight Fund within its segment. The fund has generated a return of 4.96% since its launch.
The current NAV of AXIS Overnight Fund - Direct (IDCW-D) RI is ₹1,000.51, as on July 23, 2026. The fund's benchmark index is Nifty 1D Rate TRI. You can invest in AXIS Overnight Fund - Direct (IDCW-D) RI via both lumpsum and SIP modes. The minimum SIP amount in the fund is ₹100 while the minimum lumpsum investment is ₹5,000.
Being an open-ended fund, you can exit the fund anytime subject to applicable exit loads:
The fund has generated 5.65% and 5.32% CAGR in the last 3 and 5 years respectively.
The fund aims to provide long-term capital appreciation and growth, by investing in a mix of financial instruments 99.73% in Debt and 0.27% in cash and cash equivalents.
Mutual Fund Categories
Types of Mutual Funds
Debt Funds
Access debt markets and enjoy interest income from bonds and debentures. Ideal for conservative short-term investors
Hybrid Funds
Enjoy best of both the worlds - equity and debt. Ideal for beginners with medium-term investment horizon
Equity Funds
Invest in large, mid, and small cap sector stocks to enjoy capital appreciation. Ideal for aggressive, long-term investors