Compare Axis Overnight Fund vs Franklin India Overnight Fund
Risk
Low
Low
Rating
5.0
4.0
Min SIP Amount
₹100
₹500
Expense Ratio
0.1
0.11
NAV
₹1424.20
₹1403.85
Fund Started
07 Mar 2019
07 May 2019
Fund Size
₹7849.19 Cr
₹527.07 Cr
Exit Load
-
-
1 Year
5.43%
5.44%
3 Year
6.27%
6.21%
5 Year
5.52%
5.46%
Equity
0.00%
0.00%
Cash
13.78%
92.24%
Top 10 Holdings
-
-
Name
-
-
Start Date
-
-
Description
The Scheme seeks 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.
The Scheme seeks to provide reasonable income along with high liquidity by investing in overnight securities having maturity of 1 business day. There can be no assurance that the investment objective of the scheme will be realized.
Launch Date
07 Mar 2019
07 May 2019
