Axis Overnight Fund vs Tata Overnight Fund
Axis Overnight Fund (Direct) and Tata Overnight Fund (Direct) head to head: growth of ₹100, returns across every window, risk, cost, and portfolio overlap — every figure computed from AMFI NAV history, nothing supplied by a fund house. Both are Overnight Fund schemes — see the best overnight mutual funds for the full ranking.
Head to head
NAVs as of 20 Aug 2026
Growth of ₹100 (rebased over the selected window)
Common period 28 Mar 2019 – 20 Aug 2026, limited by Tata Overnight Fund. Every series is rebased to ₹100 at the start of this window.
View as table
| Date | Axis Overnight Fund | Tata Overnight Fund |
|---|---|---|
| 28 Mar 2019 | ₹100.00 | ₹100.00 |
| 08 Nov 2019 | ₹103.43 | ₹103.44 |
| 20 Jun 2020 | ₹106.00 | ₹105.99 |
| 01 Feb 2021 | ₹108.01 | ₹108.00 |
| 14 Sep 2021 | ₹110.10 | ₹110.10 |
| 27 Apr 2022 | ₹112.41 | ₹112.38 |
| 08 Dec 2022 | ₹115.99 | ₹115.93 |
| 21 Jul 2023 | ₹120.65 | ₹120.56 |
| 02 Mar 2024 | ₹125.67 | ₹125.57 |
| 14 Oct 2024 | ₹130.85 | ₹130.74 |
| 27 May 2025 | ₹136.04 | ₹135.92 |
| 07 Jan 2026 | ₹140.59 | ₹140.47 |
| 20 Aug 2026 | ₹145.10 | ₹144.98 |
| Metric | Axis · Direct NAV ₹1,454.45 Low risk ★★★★☆ | Tata · Direct NAV ₹1,450.52 Low risk ★★★★☆ | Category median Overnight Fund · 47 funds |
|---|---|---|---|
| +5.34% | +5.35% | +5.31% | |
| +6.16% | +6.15% | +6.12% | |
| +5.72% | +5.70% | +5.69% | |
| +5.17% | +5.15% | +5.16% | |
| +5.99% | +5.98% | — | |
| +5.22% | +5.23% | +5.30% | |
| Risk | |||
| 0.12% | 0.11% | 0.12% | |
| -0.10% | 0.00% | 0.00% | |
| ₹12,334Cr | ₹5,354Cr | ₹524.20Cr | |
| ₹1.00K | ₹500 | — | |
| ₹500 | ₹5.00K | — | |
| Aditya Pagaria | Vijay Ramesh Kerkar · 0.2y | — | |
| 17 Mar 2019 | 28 Mar 2019 | — | |
| 11.2% | 95.9% | — | |
16 rows carry the same value for every fund — show
- 10Y return (CAGR)
- —
- 5Y rolling avg
- +5.19%
- 10Y rolling avg
- —
- Sharpe
- —
- Sortino
- —
- Benchmark
- —
- Alpha
- —
- Beta
- —
- Upside capture
- —
- Downside capture
- —
- Expense ratio (TER)
- 0.09%
- Exit load
- None
- Lock-in
- None
- Portfolio turnover
- —
- Holdings
- —
- Top 10 weight
- —
Best marks the strongest value in a row, and only where the gap is bigger than noise — a near-tie is left unmarked rather than dressed up as a result. SIP XIRR is a ₹10,000/month instalment over 5 years of real NAV history. Nothing here is supplied by a fund house. For research only — not investment advice.
Frequently asked questions
Which fund has delivered higher returns — Axis Overnight Fund or Tata Overnight Fund?
Over the last 3 years, Axis Overnight Fund returned +6.16% CAGR against Tata Overnight Fund's +6.15%, computed from AMFI NAV history. Over 5 years: Axis Overnight Fund +5.72% vs Tata Overnight Fund +5.70% CAGR. Past returns don't guarantee future performance.
Which fund is cheaper — Axis Overnight Fund or Tata Overnight Fund?
Axis Overnight Fund has the lower expense ratio: Axis Overnight Fund charges 0.09% a year against Tata Overnight Fund's 0.09%. The expense ratio is deducted from the NAV daily, so a lower one compounds in the investor's favour.
Which fund is riskier — Axis Overnight Fund or Tata Overnight Fund?
Axis Overnight Fund has shown higher volatility (+0.12% annualized vs Tata Overnight Fund's +0.11%), measured as the annualized standard deviation of daily returns over the trailing 3 years. Worst 3-year drawdown: Axis Overnight Fund 0.00% vs Tata Overnight Fund 0.00%.
Which fund manages more money — Axis Overnight Fund or Tata Overnight Fund?
Axis Overnight Fund is the larger fund: Axis Overnight Fund manages ₹12,334Cr against Tata Overnight Fund's ₹5,354Cr in assets. Size cuts both ways — scale lowers costs, but a very large fund can find it harder to move in and out of positions.
Are Axis Overnight Fund and Tata Overnight Fund in the same category?
Yes — both are Overnight Fund schemes, so their returns, risk and cost are directly comparable against the same peer set.
Figures update daily from AMFI NAV history; ratings and ranks are WealthTicker’s own — see the methodology. This is data, not investment advice.