What is the current price / NAV of Axis Overnight Fund?
The current NAV of Axis Overnight Fund is ₹1346.10, as of 10th March 2025.What are the returns of Axis Overnight Fund?
The Axis Overnight Fund was launched on 15th March 2019. This mutual fund's past returns are as follows:- 1 Year Returns: 6.69%
- 3 Year Returns: 6.27%
- 5 Year Returns: 5.02%
What are the top 5 sectoral holdings of Axis Overnight Fund?
The top sectors Axis Overnight Fund has invested in are as follows:- Investment Banking & Brokerage | 94.80%
- G-Sec | 4.78%
- Others | 0.42%
What are the top 5 holdings of Axis Overnight Fund?
The top 5 holdings for Axis Overnight Fund are as follows:- Clearing Corporation of India Ltd | 94.80%
- 364 Days Tbill (MD 13/03/2025) | 1.91%
- 364 Days Tbill (MD 20/03/2025) | 1.27%
- 182 Days Tbill (MD 06/03/2025) | 0.96%
- 91 Days Tbill (MD 13/03/2025) | 0.64%
What is the asset allocation of Axis Overnight Fund?
The asset allocation for Axis Overnight Fund is as follows:- Cash & Equivalents | 95.22%
- Treasury Bills | 4.78%
What is the AUM of Axis Overnight Fund?
The AUM (i.e. assets under management) of Axis Overnight Fund is ₹7828.07 Cr as of 10th March 2025.What is the expense ratio of Axis Overnight Fund?
The expense ratio of Axis Overnight Fund Plan is 0.05 as of 10th March 2025.What is the alpha ratio of Axis Overnight Fund?
The alpha ratio for the Axis Overnight Fund is 0.03
Alpha is the excess return of a fund compared to its expected return, based on its beta and the risk-free rate. Positive alpha indicates that the fund has outperformed its expected return, while negative alpha suggests underperformance.
What is the volatility or standard deviation of Axis Overnight Fund?
The volatility or standard deviation for the Axis Overnight Fund is 0.01
Standard deviation measures the volatility or risk associated with the returns of a mutual fund. A higher standard deviation indicates higher volatility, suggesting that the returns of the mutual fund are more spread out from the average. On the other hand, a lower standard deviation implies lower volatility and a more stable performance.
What is the sharpe ratio of Axis Overnight Fund?
The Sharpe ratio for the Axis Overnight Fund is 34.83
The Sharpe ratio is a measure of risk-adjusted return that evaluates the performance of a mutual fund, by adjusting for its risk. Higher Sharpe ratio indicates a better risk-adjusted performance. A positive Sharpe ratio indicates that the MF has provided a return in excess of the risk-free rate for the amount of risk taken. Conversely, a negative Sharpe ratio suggests that the MF did not adequately compensate for the risk.
What is the Sortino ratio of Axis Overnight Fund?
The Sortino Ratio for the Axis Overnight Fund is 0.15
The Sortino ratio of a mutual fund is a measure of its risk-adjusted return, considering only downside volatility. It helps investors evaluate how well a fund is performing relative to its downside risk. A higher Sortino ratio (value >1) means the fund generates better returns for the downside risk taken.
Invested period < 2 years
Gains are added to taxable income and taxed according to the individual’s income tax slab
Invested period > 2 years(Investments from 1st April 2023)
Gains are added to taxable income and taxed according to the individual’s income tax slab
Invested period > 2 years(Investments before 1st April 2023)
Gains are treated as long-term capital gains and taxed at 12.5%