Compare Franklin India Overnight Fund vs Axis Overnight Fund
Risk
Low
Low
Rating
4.0
5.0
Min SIP Amount
₹500
₹100
Expense Ratio
0.11
0.1
NAV
₹1400.84
₹1421.14
Fund Started
07 May 2019
07 Mar 2019
Fund Size
₹758.37 Cr
₹10565.68 Cr
Exit Load
-
-
1 Year
5.48%
5.47%
3 Year
6.23%
6.29%
5 Year
5.44%
5.50%
Equity
0.00%
0.00%
Cash
95.00%
0.33%
Top 10 Holdings
-
-
Name
-
-
Start Date
-
-
Description
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.
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.
Launch Date
07 May 2019
07 Mar 2019