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Axis Overnight Fund (G)

Scheme Information

2019-09-23

Asset Management Company (AMC) Axis Asset Management Company Ltd.
Asset Class Type Debt
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) 256.85
Allocation
Others: 100%
Exit Load Nil
Minimum Investment Amount First Investment: 5000
Expense Ratio 0.16
Average Maturity 3.65 Days
Modified Duration 3.65 Days
Yield to Maturity 5.29%

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