Axis Overnight Fund Datagrid
Category Overnight Fund
BMSMONEY Rank 2
Rating
Growth Option 04-12-2025
NAV ₹1397.34(R) +0.03% ₹1402.35(D) +0.03%
Returns 1Y 3Y 5Y 7Y 10Y
Lumpsum Regular 5.92% 6.42% 5.36% -% -%
Direct 5.97% 6.46% 5.42% -% -%
Benchmark
SIP (XIRR) Regular 5.66% 6.25% 5.98% -% -%
Direct 5.7% 6.29% 6.03% -% -%
Ratio Sharpe Ratio Sortino Ratio Sterling Ratio Jensen's Alpha Treynor Ratio
4.78 6.05 0.64 -% -
Risk STD. Dev VaR 1Y95% Max DD Beta Semi Devi.
0.14% 0.0% 0.0% - 0.11%
Fund AUM As on: 30/06/2025 10761 Cr
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
Franklin India Overnight Fund 5
Nippon India Overnight Fund 6
Mirae Asset Overnight Fund 7

NAV Date: 04-12-2025

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 1001.1
0.2800
0.0300%
Axis Overnight Fund - Direct Plan - Weekly IDCW 1001.13
0.2900
0.0300%
Axis Overnight Fund - Regular Plan - Monthly IDCW 1002.13
0.2800
0.0300%
Axis Overnight Fund - Direct Plan - Monthly IDCW 1002.15
0.2900
0.0300%
Axis Overnight Fund - Regular Plan - Growth Option 1397.34
0.4000
0.0300%
Axis Overnight Fund - Direct Plan - Growth Option 1402.35
0.4000
0.0300%

Review Date: 04-12-2025

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 4.78 which is higher than the category average of 4.08.
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 0.43%, 1.35 and 2.71 in last one, three and six months respectively. In the same period the category average return was 0.43%, 1.33% and 2.69% respectively.
  • Axis Overnight Fund has given a return of 5.97% in last one year. In the same period the Overnight Fund category average return was 5.89%.
  • The fund has given a return of 6.46% in last three years and ranked 3.0rd out of 32 funds in the category. In the same period the Overnight Fund category average return was 6.41%.
  • The fund has given a return of 5.42% in last five years and ranked 3rd out of 27 funds in the category. In the same period the Overnight Fund category average return was 5.37%.
  • The fund has given a SIP return of 5.7% in last one year whereas category average SIP return is 5.64%. The fund one year return rank in the category is 4th in 34 funds
  • The fund has SIP return of 6.29% in last three years and ranks 2nd in 31 funds. Bank of India Overnight Fund has given the highest SIP return (6.35%) in the category in last three years.
  • The fund has SIP return of 6.03% in last five years whereas category average SIP return is 5.74%.

Axis Overnight Fund Risk Analysis

  • The fund has a standard deviation of 0.14 and semi deviation of 0.11. The category average standard deviation is 0.14 and semi deviation is 0.11.

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
    		0.39 | 0.46 5 | 34 Very Good
    3M Return % 1.34
    1.32
    		1.23 | 1.36 4 | 34 Very Good
    6M Return % 2.69
    2.65
    		2.49 | 2.74 4 | 34 Very Good
    1Y Return % 5.92
    5.81
    		5.46 | 6.01 2 | 34 Very Good
    3Y Return % 6.42
    6.32
    		6.03 | 6.50 3 | 32 Very Good
    5Y Return % 5.36
    5.29
    		5.12 | 5.43 2 | 27 Very Good
    1Y SIP Return % 5.66
    5.56
    		5.21 | 5.76 3 | 34 Very Good
    3Y SIP Return % 6.25
    6.14
    		5.83 | 6.33 2 | 31 Very Good
    5Y SIP Return % 5.98
    5.66
    		5.13 | 6.06 2 | 27 Very Good
    Standard Deviation 0.14
    0.14
    		0.13 | 0.15 18 | 30 Average
    Semi Deviation 0.11
    0.11
    		0.11 | 0.12 18 | 30 Average
    Sharpe Ratio 4.78
    4.08
    		2.14 | 5.43 2 | 30 Very Good
    Sterling Ratio 0.64
    0.63
    		0.61 | 0.65 2 | 30 Very Good
    Sortino Ratio 6.05
    4.41
    		1.22 | 9.27 2 | 30 Very Good
    Return data last Updated On : Dec. 4, 2025.
    Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : Oct. 31, 2025
    KPIs: Key Performance Indicators

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    KPIs* Fund Benchmark Cat. Avg Min | Max Rank (In Cat.) Performance
    1M Return % 0.43 0.43 0.41 | 0.46 14 | 34 Good
    3M Return % 1.35 1.33 1.28 | 1.38 6 | 34 Very Good
    6M Return % 2.71 2.69 2.59 | 2.76 5 | 34 Very Good
    1Y Return % 5.97 5.89 5.67 | 6.03 3 | 34 Very Good
    3Y Return % 6.46 6.41 6.21 | 6.62 3 | 32 Very Good
    5Y Return % 5.42 5.37 5.22 | 5.48 3 | 27 Very Good
    1Y SIP Return % 5.70 5.64 5.42 | 5.79 4 | 34 Very Good
    3Y SIP Return % 6.29 6.23 6.04 | 6.35 2 | 31 Very Good
    5Y SIP Return % 6.03 5.74 5.21 | 6.09 2 | 27 Very Good
    Standard Deviation 0.14 0.14 0.13 | 0.15 18 | 30 Average
    Semi Deviation 0.11 0.11 0.11 | 0.12 18 | 30 Average
    Sharpe Ratio 4.78 4.08 2.14 | 5.43 2 | 30 Very Good
    Sterling Ratio 0.64 0.63 0.61 | 0.65 2 | 30 Very Good
    Sortino Ratio 6.05 4.41 1.22 | 9.27 2 | 30 Very Good
    Return data last Updated On : Dec. 4, 2025.
    Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : Oct. 31, 2025
    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
    04-12-2025 1397.3404 1402.3506
    03-12-2025 1397.1409 1402.1488
    02-12-2025 1396.9435 1401.9492
    01-12-2025 1396.7468 1401.7503
    28-11-2025 1396.1349 1401.1316
    27-11-2025 1395.929 1400.9234
    26-11-2025 1395.7315 1400.7237
    25-11-2025 1395.5332 1400.5231
    24-11-2025 1395.3349 1400.3226
    21-11-2025 1394.7233 1399.7042
    20-11-2025 1394.5195 1399.4982
    19-11-2025 1394.3198 1399.2962
    18-11-2025 1394.1219 1399.096
    17-11-2025 1393.9247 1398.8966
    14-11-2025 1393.3172 1398.2824
    13-11-2025 1393.1157 1398.0786
    12-11-2025 1392.92 1397.8807
    11-11-2025 1392.7237 1397.6822
    10-11-2025 1392.5275 1397.4837
    07-11-2025 1391.9374 1396.8869
    06-11-2025 1391.7441 1396.6914
    04-11-2025 1391.35 1396.2928

    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.