Axis Overnight Fund Overview
Category	Overnight Fund
BMSMONEY Rank	2
BMSMONEY Rating
Gro. Opt.	As On:	17-01-2025
NAV	₹1329.69_(R)		+0.02%	₹1334.0_(D)	+0.02%
Returns	1Y	3Y	5Y	7Y	10Y
LumpSum_(R)	6.71%	6.07%	4.92%	-%	-%
LumpSum_(D)	6.75%	6.12%	4.98%	-%	-%
SIP_(R)	6.66%	6.53%	5.72%	-%	-%
SIP_(D)	6.71%	6.58%	5.77%	-%	-%
Ratio	Sharpe Ratio	Sortino Ratio	Sterling Ratio	Jensen's Alpha	Treynor Ratio
Ratio	-2.57	-0.6	0.6	-%	-
Risk	STD. Dev	VaR 1Y95%	Max DD	Beta	Semi Devi.
Risk	0.33%	0.0%	0.0%	-	0.28%

Top Overnight Fund
Fund Name	Rank	Rating
Bank of India Overnight Fund	1
Axis Overnight Fund	2
Uti Overnight Fund	3
Invesco India Overnight Fund	4
Mirae Asset Overnight Fund	5
Pgim India Overnight Fund	6

NAV Date: 17-01-2025

Scheme Name	NAV	Rupee Change	Percent Change
Axis Overnight Fund - Regular Plan - Daily IDCW	1000.5	0.0000	0.0000%
Axis Overnight Fund - Direct Plan - Daily IDCW	1000.51	0.0000	0.0000%
Axis Overnight Fund - Regular Plan - Weekly IDCW	1001.37	0.1700	0.0200%
Axis Overnight Fund - Direct Plan - Weekly IDCW	1001.41	0.1700	0.0200%
Axis Overnight Fund - Regular Plan - Monthly IDCW	1004.83	0.1700	0.0200%
Axis Overnight Fund - Direct Plan - Monthly IDCW	1004.86	0.1700	0.0200%
Axis Overnight Fund - Regular Plan - Growth Option	1329.69	0.2300	0.0200%
Axis Overnight Fund - Direct Plan - Growth Option	1334.0	0.2300	0.0200%

Review Date: 17-01-2025

Axis Overnight Fund has shown very good performance in the Overnight Fund category. The fund has rank of 2 out of 26 funds in the category. The fund has delivered return of 6.71% in 1 year, 6.07% in 3 years and 4.92% in 5 years. The category average for the same periods is 6.61%, 10.52% and 7.21% respectively, which shows very good return performance of fund in the category. The fund has exhibited standard deviation of 0.33. The category average for the same parameter is 0.32 The fund has average risk in the category.

Key Points:

An investment of ₹10,000 in Axis Overnight Fund direct growth option would have grown to ₹10675.0 in 1 year, ₹11952.0 in 3 years and ₹12751.0 in 5 years as of today (17-01-2025).
An SIP of ₹1,000 per month in Axis Overnight Fund direct growth option would have grown to ₹12432.0 in 1 year, ₹39786.0 in 3 years and ₹69437.0 in 5 years as of today (17-01-2025).
Sharpe ratio of the fund is -2.57 which shows very good performance of fund in the overnight fund category.

Select Parameter:

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KPIs^*	Fund	Cat. Avg	Min \| Max	Rank _{(In Cat.)}	Performance
1M Return %	0.56	0.55	0.53 \| 0.57	3 \| 34	Very Good
3M Return %	1.64	1.62	1.55 \| 1.68	4 \| 34	Very Good
6M Return %	3.27	3.22	3.07 \| 3.32	3 \| 34	Very Good
1Y Return %	6.71	6.61	6.29 \| 6.85	3 \| 34	Very Good
3Y Return %	6.07	10.52	5.80 \| 128.37	3 \| 27	Very Good
5Y Return %	4.92	7.21	4.71 \| 66.17	2 \| 26	Very Good
1Y SIP Return %	6.66	6.56	6.25 \| 6.78	3 \| 34	Very Good
3Y SIP Return %	6.53	9.59	6.23 \| 91.15	3 \| 27	Very Good
5Y SIP Return %	5.72	8.66	5.46 \| 84.32	2 \| 26	Very Good
Standard Deviation	0.33	0.32	0.31 \| 0.33	15 \| 26	Average
Semi Deviation	0.28	0.28	0.26 \| 0.28	15 \| 26	Average
Sharpe Ratio	-2.57	-2.81	-3.51 \| -2.36	2 \| 26	Very Good
Sterling Ratio	0.60	0.59	0.57 \| 0.61	2 \| 26	Very Good
Sortino Ratio	-0.60	-0.64	-0.72 \| -0.57	2 \| 26	Very Good

_{Return data last Updated On :
Jan. 17, 2025.

Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On :

Dec. 31, 2024

KPIs: Key Performance Indicators}

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KPIs^*	Fund	Cat. Avg	Min \| Max	Rank _{(In Cat.)}
1M Return %	0.56	0.56	0.54 \| 0.57	3 \| 34
3M Return %	1.65	1.64	1.58 \| 1.70	4 \| 34
6M Return %	3.29	3.26	3.16 \| 3.35	3 \| 34
1Y Return %	6.75	6.69	6.48 \| 6.93	3 \| 34
3Y Return %	6.12	10.61	5.90 \| 128.53	3 \| 27
5Y Return %	4.98	7.30	4.82 \| 66.31	6 \| 26
1Y SIP Return %	6.71	6.65	6.44 \| 6.86	3 \| 34
3Y SIP Return %	6.58	9.67	6.34 \| 91.30	3 \| 27
5Y SIP Return %	5.77	8.75	5.57 \| 84.46	3 \| 26
Standard Deviation	0.33	0.32	0.31 \| 0.33	15 \| 26
Semi Deviation	0.28	0.28	0.26 \| 0.28	15 \| 26
Sharpe Ratio	-2.57	-2.81	-3.51 \| -2.36	2 \| 26
Sterling Ratio	0.60	0.59	0.57 \| 0.61	2 \| 26
Sortino Ratio	-0.60	-0.64	-0.72 \| -0.57	2 \| 26

Investment Period	Regular		Direct
Investment Period	Return %	Current Value of ₹ 10000	Return %	Current Value of ₹ 10000
1D	0.02	₹ 10,002.00	0.02	₹ 10,002.00
1W	0.13	₹ 10,013.00	0.13	₹ 10,013.00
1M	0.56	₹ 10,056.00	0.56	₹ 10,056.00
3M	1.64	₹ 10,164.00	1.65	₹ 10,165.00
6M	3.27	₹ 10,327.00	3.29	₹ 10,329.00
1Y	6.71	₹ 10,671.00	6.75	₹ 10,675.00
3Y	6.07	₹ 11,933.00	6.12	₹ 11,952.00
5Y	4.92	₹ 12,717.00	4.98	₹ 12,751.00
7Y		₹		₹
10Y		₹		₹
15Y		₹		₹

Disclaimer: Past performance may or may not be sustained in future and should not be used as a basis for comparison with other investments. Returns for periods above 1 year are annualised.

Investment Period	Invested Amount	Regular		Direct
Investment Period	Invested Amount	XIRR %	Current Value of Invested Amount	XIRR %	Current Value of Invested Amount
1Y	₹ 12000	6.66	₹ 12,429.00	6.71	₹ 12,432.19
3Y	₹ 36000	6.53	₹ 39,756.38	6.58	₹ 39,786.48
5Y	₹ 60000	5.72	₹ 69,342.60	5.77	₹ 69,436.86
7Y	₹ 84000		₹		₹
10Y	₹ 120000		₹		₹
15Y	₹ 180000		₹		₹

Date	Axis Overnight Fund NAV Regular Growth	Axis Overnight Fund NAV Direct Growth
17-01-2025	1329.6889	1333.9976
16-01-2025	1329.4601	1333.7667
15-01-2025	1329.2251	1333.5294
14-01-2025	1328.9919	1333.294
13-01-2025	1328.7562	1333.0561
10-01-2025	1328.0131	1332.3062
09-01-2025	1327.7715	1332.0623
08-01-2025	1327.5267	1331.8153
07-01-2025	1327.2831	1331.5695
06-01-2025	1327.0434	1331.3276
03-01-2025	1326.3377	1330.6152
02-01-2025	1326.1124	1330.3877
01-01-2025	1325.8854	1330.1585
31-12-2024	1325.6286	1329.8994
30-12-2024	1325.3812	1329.6498
27-12-2024	1324.6546	1328.9165
26-12-2024	1324.4134	1328.673
24-12-2024	1323.943	1328.1982
23-12-2024	1323.7065	1327.9595
20-12-2024	1322.9738	1327.2201
19-12-2024	1322.7456	1326.9897
18-12-2024	1322.5107	1326.7526
17-12-2024	1322.276	1326.5157

Fund Launch Date: 07/Mar/2019
Fund Category: Overnight Fund
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.
Fund Description: An open-ended debt scheme investing in overnight securities
Fund Benchmark: NIFTY 1D Rate Index

_{Source: Fund FactSheet}

Disclaimer: NO INVESTMENT ADVICE. The Content is for informational purposes only.

Axis Overnight Fund

Axis Overnight Fund NAV

Axis Overnight Fund Review

Axis Overnight Fund Performance Comparison with Peers (Regular Plan Chart)

Axis Overnight Fund Review Dashboard (Regular Plan)

Axis Overnight Fund Review Dashboard (Direct Plan)

Axis Overnight Fund Lumpsum Returns and Investment Value

Axis Overnight Fund SIP Return and Investment Value

Axis Overnight Fund NAV History

Axis Overnight Fund Information