Axis Overnight Fund (G)
Scheme Information
2019-04-26
| Inception Date | Mar 15, 2019 |
| Benchmark | Nifty 1D Rate Index |
| 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. |
| Fund Manager | Aditya Pagaria |
| AUM (In Crores) | 226.95 |
| Allocation |
Others: 100% |
| Exit Load | Nil |
| Minimum Investment Amount |
First Investment:
5000
|
| Expense Ratio | 0.16 |
Scripbox has taken due care and caution in compilation of the data contained in this factsheet. This data has been obtained by Scripbox from sources which it considers reliable. However, please verify the data from the mutual fund (link provided) before taking any Investment action based on this information.
Recommended Funds
Equity: Mirae Asset Large Cap Fund (G) • HDFC Top 100 Fund (G) • Kotak Standard Multicap Fund (G) • Parag Parikh Long Term Equity Fund (G)
Debt:
Axis Liquid Fund (G) •
SBI Magnum Low Duration Fund (G) •
ICICI Prudential Corporate Bond Fund - Regular (G)
Tax Saver Plan:
DSP Tax Saver Fund (G) •
Motilal Oswal Long Term Equity Fund (G)
Emergency Fund:
Reliance Low Duration Fund (G)