NAV on (11 May 2026 )
₹1000.70 ▼
(-0.08%)
Fund Size
₹13459.01 Crores
1Y Returns
-0.09 %
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.
Axis Asset Management Company Ltd.
Launch Date
March 7, 2019
Fund Manager
Mr. Hardik Satra
Initial Price
1000
AUM Fund
13459.01 Cr
Min investment
Rs 100
Expense Ratio
0.06%
Daily - Rs. 100/- and in multiples of Re 1/- thereafter. Minimum number of installments 6.Weekly - Rs. 100/- and in multiples of Re 1/- thereafter. Minimum number of installments 6.Monthly - Rs. 100/- and in multiples of Re 1/- thereafter. Minimum number of installments 6.
Nil
1 Month
-0.07%
6 Months
-0.01%
1 Year
-0.09%
2 Years (CAGR)
-0.05%
3 Years (CAGR)
-0.02%
5 Years (CAGR)
-0.00%
| Equity / Mid Cap funds | 1Y | 3Y | Fund Size (Cr) |
|---|---|---|---|
| 41.32% | 41.38% | ₹80313.43 | |
| 29.45% | 29.45% | ₹239.31 | |
| 20.25% | 20.25% | ₹239.31 | |
| 7.37% | 20.84% | ₹3031.78 | |
| 7.32% | 22.72% | ₹7512.02 |
Q: What is the current NAV of Axis Overnight Fund - Direct Plan - IDCW-Weekly?
A: The latest NAV of Axis Overnight Fund - Direct Plan - IDCW-Weekly is ₹ 1000.70 as on 11 May 2026.
Q: What type of mutual fund is Axis Overnight Fund - Direct Plan - IDCW-Weekly?
A: Axis Overnight Fund - Direct Plan - IDCW-Weekly is a 'Debt - Liquid' type mutual fund managed by 'Axis Asset Management Company Ltd.'.
Q: What is the expense ratio of Axis Overnight Fund - Direct Plan - IDCW-Weekly?
A: The expense ratio of Axis Overnight Fund - Direct Plan - IDCW-Weekly is 0.06%, which impacts overall returns.
Q: Who manages Axis Overnight Fund - Direct Plan - IDCW-Weekly?
A: Axis Overnight Fund - Direct Plan - IDCW-Weekly is managed by Mr. Hardik Satra, who oversees investment strategy and portfolio decisions.
Q: Is Axis Overnight Fund - Direct Plan - IDCW-Weekly a good investment?
A: Axis Overnight Fund - Direct Plan - IDCW-Weekly may be suitable depending on your financial goals, risk appetite, and investment horizon. Always evaluate fund performance and consult a financial advisor.
Q: What is the exit load of Axis Overnight Fund - Direct Plan - IDCW-Weekly?
A: The exit load of Axis Overnight Fund - Direct Plan - IDCW-Weekly is Nil, applicable if redeemed within the specified period.
Q: How is Axis Overnight Fund - Direct Plan - IDCW-Weekly taxed?
A: Taxation depends on the fund type (equity/debt) and holding period as per Indian tax laws.
© 2026 Rediff.com India Limited. All rights reserved. Disclaimer - Terms of Service - Privacy Policy - Feedback