Axis Overnight Fund Datagrid
Category Overnight Fund
BMSMONEY Rank 2
Rating
Growth Option 11-06-2026
NAV ₹1434.72(R) +0.01% ₹1440.16(D) +0.01%
Returns 1Y 3Y 5Y 7Y 10Y
Lumpsum Regular 5.33% 6.19% 5.59% 5.08% -%
Direct 5.37% 6.24% 5.64% 5.13% -%
Benchmark
SIP (XIRR) Regular 5.28% 5.88% 5.95% 5.55% -%
Direct 5.32% 5.92% 6.0% 5.6% -%
Ratio Sharpe Ratio Sortino Ratio Sterling Ratio Jensen's Alpha Treynor Ratio
2.48 1.54 0.63 -% -
Risk STD. Dev VaR 1Y95% Max DD Beta Semi Devi.
0.19% 0.0% 0.0% - 0.15%
Fund AUM As on: 30/12/2025 11003 Cr
Top Overnight Fund
Fund Name Rank Rating
Bank of India Overnight Fund 1
Axis Overnight Fund 2
Franklin India Overnight Fund 3
Uti Overnight Fund 4
Invesco India Overnight Fund 5
Nippon India Overnight Fund 6
Mirae Asset Overnight Fund 7

NAV Date: 11-06-2026

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 1001.1
0.1400
0.0100%
Axis Overnight Fund - Direct Plan - Weekly IDCW 1001.13
0.1400
0.0100%
Axis Overnight Fund - Regular Plan - Monthly IDCW 1003.24
0.1400
0.0100%
Axis Overnight Fund - Direct Plan - Monthly IDCW 1003.26
0.1400
0.0100%
Axis Overnight Fund - Regular Plan - Growth Option 1434.72
0.2000
0.0100%
Axis Overnight Fund - Direct Plan - Growth Option 1440.16
0.2000
0.0100%

Review Date: 11-06-2026

Beginning of Analysis

In the Overnight Fund category, Axis Overnight Fund is the second ranked fund. The category has total 29 funds. The Axis Overnight Fund has shown an excellent past performence in Overnight Fund. The fund has a Sharpe Ratio of 2.48 which is higher than the category average of 1.92.
The past performance of the fund may or may not be sustained in the future. The review is not investment advice nor is it a recommendation to buy or sell funds. The ranking is based on proprietary methodology developed by bmsmoney. The methodology is based on the past performance of the funds and does not guarantee future performance.
Overnight Mutual Funds are ideal for investors seeking a safe, liquid, and ultra-low-risk investment option for very short-term cash management. These funds invest in overnight securities with a maturity of 1 day, offering quick redemption (within 1 business day) and stable returns. While they provide minimal risk and high liquidity, they offer very low returns compared to other debt funds. Investors should consider their liquidity needs and investment horizon before investing in Overnight Funds. These funds are best suited for parking surplus funds for a very short duration, such as overnight or a few days.

Axis Overnight Fund Return Analysis

  • The fund has given a return of 0.44%, 1.31 and 2.59 in last one, three and six months respectively. In the same period the category average return was 0.44%, 1.3% and 2.56% respectively.
  • Axis Overnight Fund has given a return of 5.37% in last one year. In the same period the Overnight Fund category average return was 5.31%.
  • The fund has given a return of 6.24% in last three years and ranked 3.0rd out of thirty one funds in the category. In the same period the Overnight Fund category average return was 6.18%.
  • The fund has given a return of 5.64% in last five years and ranked 2nd out of twenty seven funds in the category. In the same period the Overnight Fund category average return was 5.59%.
  • The fund has given a SIP return of 5.32% in last one year whereas category average SIP return is 5.26%. The fund one year return rank in the category is 5th in 34 funds
  • The fund has SIP return of 5.92% in last three years and ranks 2nd in 31 funds. Bank of India Overnight Fund has given the highest SIP return (6.08%) in the category in last three years.
  • The fund has SIP return of 6.0% in last five years whereas category average SIP return is 5.95%.

Axis Overnight Fund Risk Analysis

  • The fund has a standard deviation of 0.19 and semi deviation of 0.15. The category average standard deviation is 0.19 and semi deviation is 0.15.

Standard deviation measures the fund's return volatility and Semi deviation focuses on downside volatility. Value at Risk (VaR) is a measure of the risk of investments. Maximum Drawdown is the maximum loss from a peak to a trough of a portfolio. Beta measures the volatility of the fund compared to the benchmark. A beta of 1 indicates that the fund will move in line with the benchmark. A beta of more than 1 indicates that the fund will be more volatile than the benchmark and vice versa.


  • Very Good Performance in Overnight Fund Category
  • Good Performance in Overnight Fund Category
  • Poor Performance in Overnight Fund Category
  • Very Poor Performance in Overnight Fund Category

    • Investors beware: Mutual Fund investments are subject to market risks. Please read the scheme related documents carefully.

    Data Source: www.amfiindia.com

    SEBI Categorization


    KPIs* Fund Benchmark Cat. Avg Min | Max Rank (In Cat.) Performance
    1M Return % 0.43
    0.43
    		0.40 | 0.60 5 | 34 Very Good
    3M Return % 1.30
    1.28
    		1.18 | 1.48 3 | 34 Very Good
    6M Return % 2.57
    2.52
    		2.32 | 2.75 3 | 34 Very Good
    1Y Return % 5.33
    5.23
    		4.87 | 5.56 4 | 33 Very Good
    3Y Return % 6.19
    6.10
    		5.78 | 6.32 3 | 31 Very Good
    5Y Return % 5.59
    5.51
    		5.32 | 5.69 2 | 27 Very Good
    7Y Return % 5.08
    5.01
    		4.96 | 5.08 1 | 16 Very Good
    1Y SIP Return % 5.28
    5.18
    		4.80 | 5.65 4 | 33 Very Good
    3Y SIP Return % 5.88
    5.77
    		5.42 | 6.05 2 | 31 Very Good
    5Y SIP Return % 5.95
    5.87
    		5.64 | 6.08 2 | 27 Very Good
    7Y SIP Return % 5.55
    5.48
    		5.43 | 5.55 1 | 16 Very Good
    Standard Deviation 0.19
    0.19
    		0.17 | 0.26 13 | 31 Good
    Semi Deviation 0.15
    0.15
    		0.14 | 0.20 14 | 31 Good
    Sharpe Ratio 2.48
    1.92
    		0.37 | 2.86 2 | 31 Very Good
    Sterling Ratio 0.63
    0.62
    		0.59 | 0.64 3 | 31 Very Good
    Sortino Ratio 1.54
    1.10
    		0.15 | 1.91 2 | 31 Very Good
    Return data last Updated On : June 11, 2026.
    Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : March 30, 2026
    KPIs: Key Performance Indicators

    Rotate the phone! Best viewed in landscape mode on mobile.
    KPIs* Fund Benchmark Cat. Avg Min | Max Rank (In Cat.) Performance
    1M Return % 0.44 0.44 0.42 | 0.60 9 | 36 Very Good
    3M Return % 1.31 1.30 1.23 | 1.49 6 | 36 Very Good
    6M Return % 2.59 2.56 2.42 | 2.77 5 | 36 Very Good
    1Y Return % 5.37 5.31 5.07 | 5.60 5 | 34 Very Good
    3Y Return % 6.24 6.18 5.98 | 6.35 3 | 31 Very Good
    5Y Return % 5.64 5.59 5.42 | 5.73 2 | 27 Very Good
    7Y Return % 5.13 5.10 5.05 | 5.13 2 | 16 Very Good
    1Y SIP Return % 5.32 5.26 5.01 | 5.68 5 | 34 Very Good
    3Y SIP Return % 5.92 5.86 5.64 | 6.08 2 | 31 Very Good
    5Y SIP Return % 6.00 5.95 5.75 | 6.11 2 | 27 Very Good
    7Y SIP Return % 5.60 5.57 5.52 | 5.60 1 | 16 Very Good
    Standard Deviation 0.19 0.19 0.17 | 0.26 13 | 31 Good
    Semi Deviation 0.15 0.15 0.14 | 0.20 14 | 31 Good
    Sharpe Ratio 2.48 1.92 0.37 | 2.86 2 | 31 Very Good
    Sterling Ratio 0.63 0.62 0.59 | 0.64 3 | 31 Very Good
    Sortino Ratio 1.54 1.10 0.15 | 1.91 2 | 31 Very Good
    Return data last Updated On : June 11, 2026.
    Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : March 30, 2026
    KPIs: Key Performance Indicators

    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.


    Date Axis Overnight Fund NAV Regular Growth Axis Overnight Fund NAV Direct Growth
    11-06-2026 1434.7211 1440.1562
    10-06-2026 1434.5219 1439.9548
    09-06-2026 1434.3227 1439.7535
    08-06-2026 1434.1189 1439.5476
    05-06-2026 1433.5158 1438.938
    04-06-2026 1433.3172 1438.7373
    03-06-2026 1433.122 1438.5399
    02-06-2026 1432.9234 1438.3392
    01-06-2026 1432.7225 1438.1361
    29-05-2026 1432.1091 1437.5162
    27-05-2026 1431.7013 1437.1041
    26-05-2026 1431.4959 1436.8965
    25-05-2026 1431.2929 1436.6914
    22-05-2026 1430.6804 1436.0723
    21-05-2026 1430.4812 1435.871
    20-05-2026 1430.2779 1435.6656
    19-05-2026 1430.0795 1435.4651
    18-05-2026 1429.8836 1435.267
    15-05-2026 1429.2892 1434.6662
    14-05-2026 1429.1015 1434.4764
    13-05-2026 1428.908 1434.2808
    12-05-2026 1428.7111 1434.0818
    11-05-2026 1428.5142 1433.8828

    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.