• 1 Year Returns: 0.02%
• 3 Year Returns: -0.02%
• 5 Year Returns: 0.00%

• Investment Banking & Brokerage | 85.25%
• Others | 9.69%
• G-Sec | 5.06%

• Clearing Corporation of India Ltd | 85.25%
• AMC Repo Clearing Limited | 9.60%
• 91 Days Tbill (MD 08/10/2026) | 1.84%
• 91 Days Tbill (MD 01/10/2026) | 1.38%
• 91 Days Tbill (MD 22/10/2026) | 0.92%

• Cash & Equivalents | 94.94%
• Treasury Bills | 5.06%

The alpha ratio for the Axis Overnight Fund(W-IDCW) is -0.06

Alpha is the excess return of a fund compared to its expected return, based on its beta and the risk-free rate. Positive alpha indicates that the fund has outperformed its expected return, while negative alpha suggests underperformance.

The volatility or standard deviation for the Axis Overnight Fund(W-IDCW) is 0.01

Standard deviation measures the volatility or risk associated with the returns of a mutual fund. A higher standard deviation indicates higher volatility, suggesting that the returns of the mutual fund are more spread out from the average. On the other hand, a lower standard deviation implies lower volatility and a more stable performance.

The Sharpe ratio for the Axis Overnight Fund(W-IDCW) is -72.67

The Sharpe ratio is a measure of risk-adjusted return that evaluates the performance of a mutual fund, by adjusting for its risk. Higher Sharpe ratio indicates a better risk-adjusted performance. A positive Sharpe ratio indicates that the MF has provided a return in excess of the risk-free rate for the amount of risk taken. Conversely, a negative Sharpe ratio suggests that the MF did not adequately compensate for the risk.

The Sortino Ratio for the Axis Overnight Fund(W-IDCW) is -0.54

The Sortino ratio of a mutual fund is a measure of its risk-adjusted return, considering only downside volatility. It helps investors evaluate how well a fund is performing relative to its downside risk. A higher Sortino ratio (value >1) means the fund generates better returns for the downside risk taken.