BOI AXA Overnight Fund | BOI AXA Mutual Fund

Data As On 30th November 2020

BOI AXAOVERNIGHT FUND

Fund Type : An open ended debt scheme investing in overnight securities

Entry Load : NA

Date of Allotment : January 28, 2026

Features : Liquity SIP Shield SIP SWP STP
Benchmark : CRISIL Overnight Index

Exit Load :
Nil

Investment Objective

The investment objective of the scheme is to generate income commensurate with low risk and high liquidity by investing in overnight securities having residual maturity of 1 business day. However, there can be no assurance that the investment objectives of the Scheme will be realized. The Scheme does not assure or guarantee any returns.

Fund Manager

Mr. Amit Modani

CA from The ICAI and CS The ICSI Institute.

See detail

Around 8 years of experience in dealing in Fixed Income and Portfolio Management

Fund Highlights

Advantages of an Overnight Fund:

High Liquidity: Fund stands to provides highest liquidity within the Fixed Income mutual Fund Product segment with redemption on T+1 basis
No Lock in Period and No Exit Load: It offers overnight liquidity without any exit load
Lowest Risk Fund: This Fund category has lowest mark to market risk and lowest credit default risk
Stable returns: Fund is positioned to deliver consistent returns compared to other Fixed Income instruments
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Riskometer

This product is suitable for investors who are seeking*:

Income over short term with low risk and high liquidity
Investments in overnight securities having residual maturity of 1 business day.

*Investor should consult their financial advisor if they are not clear about the suitability of the product.

Top 10 Portfolio Holdings

Portfolio Details	% to Net Assets
HDFC Bank Limited	6.6%
Reliance Industries Limited	5.5%
Infosys Limited	4.2%
PI Industries Limited	3.9%
ICICI Bank Limited	3.7%
Divi's Laboratories Limited	3.5%
Kotak Mahindra Bank Limited	3.3%
SRF Limited	2.8%
Housing Development Finance Corporation Limited	2.7%
Navin Fluorine International Limited	2.6%

Sector Allocation

Portfolio weight (%)
Benchmark weight (%)

Underweight / overweight
against benchmark

Data Not Available

Who Should Invest

Investors seeking high liquidity and low volatility in their investment
Investors looking for overnight parking of surplus funds
Investors who are looking for systematic transfer plan to equity schemes

Note: Annualized data for returns and Standard deviation as of Jan 16, 2026

Please note that the performance of BOI AXA Overnight Fund has not been disclosed as the scheme has not completed 1 year from the date of its allotment.