Axis Overnight Fund
Axis Overnight Fund is a overnight fund of Axis Asset Management Co. Ltd. with ₹12,816 cr under management. It is ahead of its benchmark (Nifty 1D Rate Index) in 2 of 3 periods. Its direct plan charges 0.09% a year. Sachin Jain has managed it for 4.9 years.
What is Axis Overnight Fund invested in?
5% in debt, 0% in shares and 95% in cash, as of 30 Sep 2026.
Has Axis Overnight Fund beaten its benchmark?
Ahead of its benchmark, Nifty 1D Rate Index, in 2 of 3 periods in AMFI's figures; +5.28% over the last year against +5.23%.
Period returns
Direct Plan, growth · 3y and longer a year| Period | Fund | Nifty 500 TRI | Ahead |
|---|---|---|---|
| 1 month | +0.42% | −3.60% | — |
| 3 months | +1.26% | −5.03% | — |
| 6 months | +2.57% | −1.83% | — |
| 1 year | +5.28% | −4.06% | +9.34 pts |
| 3 years | +6.07% | +9.27% | −3.20 pts |
| 5 years | +5.78% | +8.00% | −2.22 pts |
| 10 years | — | +12.69% | — |
| Since start from 17 Mar 2019 | +5.16% | — | — |
Official figures
AMFI performance feed, 13 Oct 2026| Period | Direct | Regular | Benchmark | Ahead | Rank |
|---|---|---|---|---|---|
| 1y | +5.28% | +5.24% | +5.23% | +0.05 | 🔒 |
| 3y | +6.06% | +6.02% | +6.04% | +0.02 | 🔒 |
| 5y | +5.77% | +5.72% | +5.77% | −0.00 | 🔒 |
| 10y | — | — | — | — | — |
Value of 100, month-end
Mar 2019 to 14 Oct 2026₹100 put in at the start of Mar 2019 would be ₹146 on 14 Oct 2026, against ₹247 in the Nifty 500 TRI.
What does Axis Overnight Fund cost?
0.09% a year on the direct plan, 0.13% on the regular plan; 8 of 40 funds in its category charge less.
Who manages Axis Overnight Fund?
Sachin Jain, since 9 Nov 2021.
Questions people ask
Who manages Axis Overnight Fund?
Sachin Jain (Comanage/Fixed Income) since 9 Nov 2021.
What is the expense ratio of Axis Overnight Fund?
0.09% a year on the direct plan and 0.13% on the regular plan (expense report, Oct 2026).
How has Axis Overnight Fund done?
Its direct plan returned +6.06% a year over 3 years against +6.04% for its benchmark, Nifty 1D Rate Index, as of 13 Oct 2026.
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