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% |
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.
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