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 04 Oct 2026
Growth of ₹100 (rebased over the selected window)
Common period 28 Mar 2019 – 04 Oct 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 |
| 12 Nov 2019 | ₹103.48 | ₹103.50 |
| 28 Jun 2020 | ₹106.07 | ₹106.06 |
| 12 Feb 2021 | ₹108.11 | ₹108.10 |
| 29 Sep 2021 | ₹110.25 | ₹110.24 |
| 16 May 2022 | ₹112.64 | ₹112.61 |
| 31 Dec 2022 | ₹116.43 | ₹116.36 |
| 16 Aug 2023 | ₹121.20 | ₹121.11 |
| 01 Apr 2024 | ₹126.38 | ₹126.28 |
| 16 Nov 2024 | ₹131.56 | ₹131.47 |
| 03 Jul 2025 | ₹136.78 | ₹136.66 |
| 17 Feb 2026 | ₹141.39 | ₹141.27 |
| 04 Oct 2026 | ₹145.98 | ₹145.86 |
| Metric | Axis · Direct NAV ₹1,463.31 Low risk ★★★☆☆ | Tata · Direct NAV ₹1,459.37 Low risk ★★★★☆ | Category median Overnight Fund · 40 funds |
|---|---|---|---|
| +5.28% | +5.29% | +5.25% | |
| +5.77% | +5.75% | +5.73% | |
| +5.16% | +5.15% | +5.16% | |
| +5.96% | +5.95% | — | |
| +5.26% | +5.24% | +5.31% | |
| +5.22% | +5.21% | +5.22% | |
| Risk | |||
| 0.12% | 0.11% | 0.12% | |
| -0.10% | 0.00% | 0.00% | |
| ₹12,334Cr | ₹5,354Cr | ₹983.03Cr | |
| ₹100 | ₹500 | — | |
| ₹100 | ₹5.00K | — | |
| Sachin Jain | Jennifer Karkaria · 0.3y | — | |
| 17 Mar 2019 | 28 Mar 2019 | — | |
| 96.0% | 98.4% | — | |
16 rows carry the same value for every fund — show
- 3Y return (CAGR)
- +6.08%
- 10Y return (CAGR)
- —
- 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 +6.08% CAGR against Tata Overnight Fund's +6.08%, computed from AMFI NAV history. Over 5 years: Axis Overnight Fund +5.77% vs Tata Overnight Fund +5.75% 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.