Axis Overnight Fund - Direct Plan - Growth Option

Axis Mutual Fund · Debt · mandate: overnight securities (1-day maturity) · benchmark: —

AUM (all plans)

12,334 cr

TER direct / regular

0.09% / 0.13%

CAGR (full)

5.5%

Sharpe (full)

-1.69

Sharpe (bull ≤Sep-24)

12.03

Sharpe (sideways Oct-24→)

-2.23

Max drawdown

0.0%

Months of data

Percentile ranks this fund within its peer pool; the leaderboard Score is the weighted average of its fiscal-year percentiles (equity: active-return-rank blended with IR-rank).

Equity curve

Drawdown

Fiscal-year record

FY	Return	vs category	Sharpe	months
FY22	3.3%	0.0%	-52.00	12
FY23	5.5%	0.0%	-2.31	12
FY24	6.8%	0.0%	11.31	12
FY25	6.7%	0.1%	6.79	12
FY26	5.5%	0.1%	-5.74	12
FY27*	2.1%	0.0%	-7.01	5

Active/Fund returns are TOTALS over the months covered — never annualized (FY27* is year-to-date; a * row covers only part of the year). %ile is the fund's percentile within its peer pool for that year.

Monthly returns (%)

	Jan	Feb	Mar	Apr	May	Jun	Jul	Aug	Sep	Oct	Nov	Dec	Year
2019				+0.5	+0.5	+0.5	+0.5	+0.4	+0.4	+0.4	+0.4	+0.4	+4.1
2020	+0.4	+0.4	+0.3	+0.2	+0.3	+0.2	+0.3	+0.3	+0.3	+0.3	+0.2	+0.3	+3.4
2021	+0.3	+0.2	+0.3	+0.3	+0.3	+0.3	+0.3	+0.3	+0.3	+0.3	+0.3	+0.3	+3.2
2022	+0.3	+0.3	+0.3	+0.3	+0.3	+0.4	+0.4	+0.4	+0.4	+0.5	+0.5	+0.5	+4.7
2023	+0.5	+0.5	+0.5	+0.5	+0.6	+0.5	+0.5	+0.6	+0.5	+0.6	+0.6	+0.6	+6.7
2024	+0.6	+0.5	+0.6	+0.5	+0.6	+0.5	+0.5	+0.5	+0.5	+0.5	+0.5	+0.6	+6.8
2025	+0.6	+0.5	+0.5	+0.5	+0.5	+0.4	+0.5	+0.5	+0.4	+0.5	+0.4	+0.4	+5.9
2026	+0.5	+0.4	+0.4	+0.4	+0.4	+0.4	+0.4	+0.3					+3.4

Quarterly average AUM & estimated net flows

Quarterly net flow estimate: AUM_q − AUM_(q−1)·(1+quarter return). AUM shown is the quarter AVERAGE (AMFI central disclosure). Positive = net inflows, ₹cr.

Source: AMFI's official all-scheme NAV history (portal report; official NAV history, net of TER by construction). Monthly returns are month-end NAV chains; stale prints (>7 days before month-end) drop out rather than carry. Benchmark series are the median of plain-vanilla direct-plan index funds tracking each index (TRI minus ~10-25bp/yr tracking drag — verified against true-TRI chains). Direct plans, growth option only. Sharpe uses rf 6%, arithmetic monthly convention. Independence: all figures are computed from mandatory public disclosures with a fixed methodology applied identically to every fund — no fund can pay for inclusion, exclusion, placement, or altered presentation, and any material commercial relationship will be disclosed on the affected pages. Nothing here is investment advice; past performance does not predict future returns. Generated 2026-08-25 05:37Z · data through Aug 2026 · leaderboard · PMS leaderboard

Feedback, inputs, or bug reports are appreciated — @vivekrmr on X · LinkedIn.