﻿<?xml version="1.0" encoding="utf-8"?><SchemeSummaryDocument xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance"><SchemeSummary><Fund_Name>Axis Overnight Fund</Fund_Name><Option_Names_Regular__Direct>Direct Growth Direct Daily IDCW Direct Monthly IDCW Direct Weekly IDCW Regular Growth Regular Daily IDCW Regular Weekly IDCW Regular Monthly IDCW</Option_Names_Regular__Direct><Fund_Type>An open ended debt scheme investing in overnight securities. A relatively low interest risk &amp;amp; relatively low credit risk</Fund_Type><Riskometer_At_the_time_of_Launch>Low</Riskometer_At_the_time_of_Launch><Riskometer_as_on_Date>Low</Riskometer_as_on_Date><Category_as_Per_SEBI_Categorization_Circular>Overnight Fund</Category_as_Per_SEBI_Categorization_Circular><Potential_Risk_Class_as_on_date>A-I</Potential_Risk_Class_as_on_date><Description_Objective_of_the_scheme>The investment objective of the Scheme is 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.
However, there can be no assurance or guarantee that the investment objective of the scheme would be achieved.</Description_Objective_of_the_scheme><Stated_Asset_Allocation>Overnight Securities - (0%-100%)</Stated_Asset_Allocation><Face_Value>1000</Face_Value><NFO_Open_Date>07 Mar 2019</NFO_Open_Date><NFO_Close_date>12 Mar 2019</NFO_Close_date><Allotment_Date>15 Mar 2019</Allotment_Date><Reopen_Date>17 Mar 2019</Reopen_Date><Maturity_Date_For_closedend_funds>N/A</Maturity_Date_For_closedend_funds><Benchmark_Tier_1>Nifty 1D Rate Index</Benchmark_Tier_1><Benchmark_Tier_2 /><Fund_Manager_Name>Mr. Sachin Jain, Hardik Satra</Fund_Manager_Name><Fund_Manager_Type_PrimaryComanageDescription>Mr. Sachin Jain - Comanage/Fixed Income, Hardik Satra - Comanage/Fixed Income</Fund_Manager_Type_PrimaryComanageDescription><Fund_Manager_From_Date>Mr. Sachin Jain - 9th November 2021, Hardik Satra - 04th November 2024</Fund_Manager_From_Date><Annual_Expense_Stated_maximum>Regular 0.13, Direct 0.09</Annual_Expense_Stated_maximum><Exit_Load_if_applicable>Nil</Exit_Load_if_applicable><Custodian>DEUTSCHE BANK AG</Custodian><Auditor>B S R &amp;amp; Co. LLP</Auditor><Registrar>Kfintech Ltd</Registrar><RTA_Code_To_be_phased_out>ON</RTA_Code_To_be_phased_out><Listing_Details>Unlisted</Listing_Details><ISINs>INF846K01O49, INF846K01O15, INF846K01N99, INF846K01N65, INF846K01N73, INF846K01N40, INF846K01N81, INF846K01O23, INF846K01O31, INF846K01O07, INF846K01N57, INF846K01O56</ISINs><AMFI_Codes_To_be_phased_out>146679, 146675, 146677, 146676, 146682, 146678, 146681, 146680</AMFI_Codes_To_be_phased_out><SEBI_Codes>AXIS/O/D/ONF/19/02/0034</SEBI_Codes><Minimum_Application_Amount>100</Minimum_Application_Amount><Minimum_Application_Amount_in_multiples_of_Rs>1</Minimum_Application_Amount_in_multiples_of_Rs><Minimum_Additional_Amount>1000</Minimum_Additional_Amount><Minimum_Additional_Amount_in_multiples_of_Rs>1</Minimum_Additional_Amount_in_multiples_of_Rs><Minimum_Redemption_Amount_in_Rs>N/A</Minimum_Redemption_Amount_in_Rs><Minimum_Redemption_Amount_in_Units>N/A</Minimum_Redemption_Amount_in_Units><Minimum_Balance_Amount_if_applicable>N/A</Minimum_Balance_Amount_if_applicable><Minimum_Balance_Amount_in_Units_if_applicable>N/A</Minimum_Balance_Amount_in_Units_if_applicable><Max_Investment_Amount>N/A</Max_Investment_Amount><Minimum_Switch_Amount_if_applicable>N/A</Minimum_Switch_Amount_if_applicable><Minimum_Switch_Units>N/A</Minimum_Switch_Units><Switch_Multiple_Amount_if_applicable>N/A</Switch_Multiple_Amount_if_applicable><Switch_Multiple_Units_if_applicable>N/A</Switch_Multiple_Units_if_applicable><Max_Switch_Amount>N/A</Max_Switch_Amount><Max_Switch_Units_if_applicable>N/A</Max_Switch_Units_if_applicable><Swing_Pricing_if_applicable>No</Swing_Pricing_if_applicable><Sidepocketing_if_applicable>No</Sidepocketing_if_applicable><SIP_SWP__STP_Details_Frequency>SIP - Daily / Weekly/Monthly, SWP - Weekly / Monthly /  Quarterly / Halfyearly / Yearly STP - Daily / Weekly / Fortnightly / Monthly / Quarterly</SIP_SWP__STP_Details_Frequency><SIP_SWP__STP_Details_Minimum_amount>SIP - Daily, Weekly/Monthly - 100, SWP - 1000 STP - Daily, Weekly, Fortnightly, Monthly - 1000 and Quarterly 3000.00</SIP_SWP__STP_Details_Minimum_amount><SIP_SWP__STP_Details_In_multiple_of>1</SIP_SWP__STP_Details_In_multiple_of><SIP_SWP__STP_Details_Minimum_Instalments>SIP - Daily / Weekly/Monthly - 6 Monthly - 6 SIP - Yearly - 3 SWP - Weekly - 5, Monthly - 6, Quarterly - 4, Halfyearly - 4, Yearly - 2 STP - Daily -6, Weekly - 6, Fortnightly -6, Monthly - 6, Quarterly -2.</SIP_SWP__STP_Details_Minimum_Instalments><SIP_SWP__STP_Details_Dates>SIP - Except 29,30 and 31 all dates, SWP - Any Business Day, STP -  Daily, Weekly all days, Fortnightly - alternate Wednesday, Monthly and Quarterly 1,7,10,15 and 25</SIP_SWP__STP_Details_Dates><SIP_SWP__STP_Details_Maximum_Amount_if_any>N/A</SIP_SWP__STP_Details_Maximum_Amount_if_any></SchemeSummary></SchemeSummaryDocument>