Axis Overnight Fund Datagrid
Category Overnight Fund
BMSMONEY Rank 2
Rating
Growth Option 26-10-2026
NAV ₹1462.41(R) +0.05% ₹1468.15(D) +0.05%
Returns 1Y 3Y 5Y 7Y 10Y
Lumpsum Regular 5.23% 6.01% 5.75% 5.07% -%
Direct 5.27% 6.06% 5.8% 5.12% -%
Benchmark
SIP (XIRR) Regular 5.23% 5.66% 5.9% 5.58% -%
Direct 5.26% 5.7% 5.94% 5.63% -%
Ratio Sharpe Ratio Sortino Ratio Sterling Ratio Jensen's Alpha Treynor Ratio
1.82 1.08 0.62 -% -
Risk STD. Dev VaR 1Y95% Max DD Beta Semi Devi.
0.2% 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
Baroda BNP Paribas Overnight Fund 6
Nippon India Overnight Fund 7

NAV Date: 26-10-2026

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 1000.67
-0.6200
-0.0600%
Axis Overnight Fund - Direct Plan - Weekly IDCW 1000.7
-0.6200
-0.0600%
Axis Overnight Fund - Regular Plan - Monthly IDCW 1000.84
-4.0700
-0.4000%
Axis Overnight Fund - Direct Plan - Monthly IDCW 1000.85
-4.0900
-0.4100%
Axis Overnight Fund - Regular Plan - Growth Option 1462.41
0.6900
0.0500%
Axis Overnight Fund - Direct Plan - Growth Option 1468.15
0.7000
0.0500%

Review Date: 26-10-2026

Beginning of Analysis

Axis Overnight Fund is the second ranked fund in the Overnight Fund category. 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 1.82 which is higher than the category average of 1.34.
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 0.42%, 1.28 and 2.59 in last one, three and six months respectively. In the same period the category average return was 0.41%, 1.27% and 2.57% respectively.
  • Axis Overnight Fund has given a return of 5.27% in last one year. In the same period the Overnight Fund category average return was 5.21%.
  • The fund has given a return of 6.06% in last three years and ranked 2.0nd out of thirty three funds in the category. In the same period the Overnight Fund category average return was 5.99%.
  • The fund has given a return of 5.8% 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 5.75%.
  • The fund has given a SIP return of 5.26% in last one year whereas category average SIP return is 5.2%. The fund one year return rank in the category is 5th in 35 funds
  • The fund has SIP return of 5.7% in last three years and ranks 4th in 32 funds. Bank of India Overnight Fund has given the highest SIP return (5.84%) in the category in last three years.
  • The fund has SIP return of 5.94% in last five years whereas category average SIP return is 5.89%.

Axis Overnight Fund Risk Analysis

  • The fund has a standard deviation of 0.2 and semi deviation of 0.15. The category average standard deviation is 0.2 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 % 0.41
    0.41
    		0.38 | 0.43 6 | 35 Very Good
    3M Return % 1.27
    1.25
    		1.14 | 1.29 3 | 35 Very Good
    6M Return % 2.57
    2.53
    		2.35 | 2.76 4 | 34 Very Good
    1Y Return % 5.23
    5.13
    		4.74 | 5.44 4 | 34 Very Good
    3Y Return % 6.01
    5.91
    		5.57 | 6.14 2 | 33 Very Good
    5Y Return % 5.75
    5.66
    		5.46 | 5.85 2 | 27 Very Good
    7Y Return % 5.07
    5.00
    		4.88 | 5.07 1 | 23 Very Good
    1Y SIP Return % 5.23
    5.13
    		4.73 | 5.46 4 | 34 Very Good
    3Y SIP Return % 5.66
    5.55
    		5.19 | 5.81 3 | 33 Very Good
    5Y SIP Return % 5.90
    5.81
    		5.58 | 6.02 2 | 27 Very Good
    7Y SIP Return % 5.58
    5.37
    		5.07 | 5.58 1 | 23 Very Good
    Standard Deviation 0.20
    0.20
    		0.18 | 0.27 18 | 30 Average
    Semi Deviation 0.15
    0.15
    		0.14 | 0.20 18 | 30 Average
    Sharpe Ratio 1.82
    1.34
    		-0.16 | 2.45 2 | 30 Very Good
    Sterling Ratio 0.62
    0.61
    		0.58 | 0.63 3 | 30 Very Good
    Sortino Ratio 1.08
    0.73
    		-0.06 | 1.62 2 | 30 Very Good
    Return data last Updated On : Oct. 26, 2026.
    Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : June 30, 2026
    KPIs: Key Performance Indicators

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    KPIs* Fund Benchmark Cat. Avg Min | Max Rank (In Cat.) Performance
    1M Return % 0.42 0.41 0.40 | 0.44 11 | 37 Good
    3M Return % 1.28 1.27 1.19 | 1.31 6 | 37 Very Good
    6M Return % 2.59 2.57 2.45 | 2.77 7 | 36 Very Good
    1Y Return % 5.27 5.21 4.94 | 5.47 6 | 36 Very Good
    3Y Return % 6.06 5.99 5.78 | 6.16 2 | 33 Very Good
    5Y Return % 5.80 5.75 5.57 | 5.89 2 | 27 Very Good
    7Y Return % 5.12 5.09 4.98 | 5.14 2 | 23 Very Good
    1Y SIP Return % 5.26 5.20 4.94 | 5.48 5 | 35 Very Good
    3Y SIP Return % 5.70 5.63 5.40 | 5.84 4 | 32 Very Good
    5Y SIP Return % 5.94 5.89 5.69 | 6.05 2 | 26 Very Good
    7Y SIP Return % 5.63 5.46 5.16 | 5.63 1 | 22 Very Good
    Standard Deviation 0.20 0.20 0.18 | 0.27 18 | 30 Average
    Semi Deviation 0.15 0.15 0.14 | 0.20 18 | 30 Average
    Sharpe Ratio 1.82 1.34 -0.16 | 2.45 2 | 30 Very Good
    Sterling Ratio 0.62 0.61 0.58 | 0.63 3 | 30 Very Good
    Sortino Ratio 1.08 0.73 -0.06 | 1.62 2 | 30 Very Good
    Return data last Updated On : Oct. 26, 2026.
    Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : June 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
    26-10-2026 1462.4128 1468.1479
    23-10-2026 1461.7243 1467.4523
    22-10-2026 1461.5051 1467.2309
    21-10-2026 1461.2755 1466.9989
    19-10-2026 1460.8287 1466.5476
    16-10-2026 1460.1504 1465.8624
    15-10-2026 1459.9285 1465.6381
    14-10-2026 1459.707 1465.4143
    13-10-2026 1459.4919 1465.197
    12-10-2026 1459.2802 1464.983
    09-10-2026 1458.6486 1464.3447
    08-10-2026 1458.4429 1464.1367
    07-10-2026 1458.2349 1463.9265
    06-10-2026 1458.0236 1463.713
    05-10-2026 1457.8238 1463.511
    01-10-2026 1457.0097 1462.6881
    30-09-2026 1456.8088 1462.4849
    29-09-2026 1456.6064 1462.2803
    28-09-2026 1456.4084 1462.0802

    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.