Stocks
Invest in Stocks
Invest in stocks, ETFs, IPOs with fast orders. Track returns on your stock holdings and view real-time P&L on your positions.
F&O
Mutual Funds
Invest in Mutual Funds
Invest in direct mutual funds at zero charges via lump sump investments or SIPs
Axis Money Market Fund Direct IDCW Monthly
+7.60%
3Y annualised
+0.03% 1D
NAV: 11 Mar '26
₹1,010.11
Min. for SIP
₹100
Fund size
₹23,789.68 Cr
Expense ratio
0.17%
Return calculator
Monthly investment
₹5,000
| Over the past | Total investment | Would've become | Historic returns | Returns |
|---|---|---|---|---|
| 6 months | ₹30,000 | ₹30,389 | +1.30% | |
| 1 year | ₹60,000 | ₹61,997 | +3.33% | |
| 3 years | ₹1,80,000 | ₹2,01,059 | +11.70% | |
| 5 years | ₹3,00,000 | ₹3,57,401 | +19.13% |
Holdings (117)
| Name | Sector | Instruments | Assets |
|---|---|---|---|
| Bank Of Baroda | Financial | CD | 2.92% |
| National Bank For Agriculture & Rural Development | Financial | CD | 2.57% |
| Reserve Bank of India | Financial | T-Bills | 2.40% |
| Small Industries Devp. Bank of India Ltd. | Financial | CD | 2.19% |
| Mahindra & Mahindra Financial Services Ltd. | Financial | CP | 2.16% |
| Reliance Retail Ventures Ltd. | Services | CP | 2.10% |
| Kotak Mahindra Bank Ltd. | Financial | CD | 1.98% |
| The Federal Bank Ltd. | Financial | CD | 1.97% |
| National Bank For Agriculture & Rural Development | Financial | CD | 1.97% |
| Small Industries Devp. Bank of India Ltd. | Financial | CD | 1.91% |
| Canara Bank | Financial | CD | 1.78% |
| Reserve Bank of India | Financial | T-Bills | 1.70% |
| IDFC First Bank Ltd. | Financial | CD | 1.65% |
| Small Industries Devp. Bank of India Ltd. | Financial | CD | 1.64% |
| Punjab & Sind Bank | Financial | CD | 1.57% |
| Kotak Mahindra Bank Ltd. | Financial | CD | 1.54% |
| Punjab National Bank | Financial | CD | 1.48% |
| HDFC Bank Ltd. | Financial | CD | 1.44% |
| Reserve Bank of India | Financial | T-Bills | 1.40% |
| Kotak Mahindra Bank Ltd. | Financial | CD | 1.39% |
| Bajaj Housing Finance Ltd. | Financial | CP | 1.38% |
| Indusind Bank Ltd. | Financial | CD | 1.38% |
| HDFC Bank Ltd. | Financial | CD | 1.34% |
| Small Industries Devp. Bank of India Ltd. | Financial | CD | 1.28% |
| Small Industries Devp. Bank of India Ltd. | Financial | CP | 1.28% |
| Canara Bank | Financial | CD | 1.19% |
| ICICI Bank Ltd. | Financial | CD | 1.19% |
| Canara Bank | Financial | CD | 1.19% |
| Bank Of Baroda | Financial | CD | 1.19% |
| Piramal Finance Ltd. | Financial | CP | 1.05% |
| Indusind Bank Ltd. | Financial | CD | 1.03% |
| Muthoot Finance Ltd. | Financial | CP | 1.03% |
| Motilal Oswal Finevest Ltd. | Financial | CP | 1.03% |
| Kotak Mahindra Bank Ltd. | Financial | CD | 1.02% |
| Tata Teleservices (Maharashtra) Ltd. | Communication | CP | 1.00% |
| HDFC Bank Ltd. | Financial | CD | 1.00% |
| Bank Of Baroda | Financial | CD | 0.99% |
| National Bank For Agriculture & Rural Development | Financial | CD | 0.99% |
| ICICI Securities Ltd. | Financial | CP | 0.98% |
| Kotak Mahindra Securities Ltd. | Financial | CP | 0.98% |
| ICICI Securities Ltd. | Financial | CP | 0.98% |
| Muthoot Finance Ltd. | Financial | CP | 0.82% |
| Small Industries Devp. Bank of India Ltd. | Financial | CD | 0.80% |
| Indian Bank | Financial | CD | 0.80% |
| Bank Of Baroda | Financial | CD | 0.79% |
| Kotak Mahindra Bank Ltd. | Financial | CD | 0.79% |
| Canara Bank | Financial | CD | 0.79% |
| IDFC First Bank Ltd. | Financial | CD | 0.79% |
| IDFC First Bank Ltd. | Financial | CD | 0.79% |
| Small Industries Devp. Bank of India Ltd. | Financial | CD | 0.79% |
| Small Industries Devp. Bank of India Ltd. | Financial | CP | 0.79% |
| Motilal Oswal Financial Services Ltd. | Financial | CP | 0.78% |
| 360 ONE Wealth Ltd. | Financial | CP | 0.78% |
| Reserve Bank of India | Financial | T-Bills | 0.77% |
| Union Bank of India | Financial | CD | 0.72% |
| Panatone Finvest Ltd | Financial | CP | 0.69% |
| Birla Group Holdings Pvt. Ltd. | Financial | CP | 0.63% |
| HDFC Bank Ltd. | Financial | CD | 0.63% |
| 360 ONE Wealth Ltd. | Financial | CP | 0.62% |
| HDFC Bank Ltd. | Financial | CD | 0.60% |
| Birla Group Holdings Pvt. Ltd. | Financial | CP | 0.59% |
| Godrej Housing Finance Ltd. | Financial | CP | 0.59% |
| Godrej Finance Ltd. | Financial | CP | 0.59% |
| Reserve Bank of India | Financial | T-Bills | 0.55% |
| Canara Bank | Financial | CD | 0.52% |
| National Bank For Agriculture & Rural Development | Financial | CD | 0.49% |
| Small Industries Devp. Bank of India Ltd. | Financial | CD | 0.48% |
| Reserve Bank of India | Financial | T-Bills | 0.48% |
| West Bengal State | Others | SDL | 0.45% |
| Reserve Bank of India | Financial | T-Bills | 0.42% |
| Motilal Oswal Financial Services Ltd. | Financial | CP | 0.42% |
| HDB Financial Services Ltd. | Financial | CP | 0.42% |
| HDFC Bank Ltd. | Financial | CD | 0.42% |
| Truhome Finance Ltd. | Financial | CP | 0.41% |
| Reserve Bank of India | Financial | T-Bills | 0.41% |
| Barclays Investments & Loans Ltd. | Financial | CP | 0.41% |
| Small Industries Devp. Bank of India Ltd. | Financial | CD | 0.40% |
| Torrent Pharmaceuticals Ltd. | Healthcare | CP | 0.40% |
| Bajaj Housing Finance Ltd. | Financial | CP | 0.40% |
| Tata Capital Ltd. | Financial | CP | 0.39% |
| 360 ONE Wealth Ltd. | Financial | CP | 0.39% |
| Phoenix ARC Pvt Ltd. | Diversified | CP | 0.39% |
| Maharashtra State | Others | SDL | 0.33% |
| Rajasthan State | Others | SDL | 0.32% |
| Bank Of Baroda | Financial | CD | 0.31% |
| Canara Bank | Financial | CD | 0.31% |
| Standard Chartered Investment & Loan India. Ltd. | Financial | CP | 0.31% |
| Standard Chartered Investment & Loan India. Ltd. | Financial | CP | 0.31% |
| Bank Of Baroda | Financial | CD | 0.30% |
| Godrej Industries Ltd. | Consumer Staples | CP | 0.30% |
| Godrej Industries Ltd. | Consumer Staples | CP | 0.30% |
| Godrej Industries Ltd. | Consumer Staples | CP | 0.30% |
| Godrej Industries Ltd. | Consumer Staples | CP | 0.30% |
| Union Bank of India | Financial | CD | 0.27% |
| Bank Of Baroda | Financial | CD | 0.21% |
| Kotak Mahindra Bank Ltd. | Financial | CD | 0.21% |
| Union Bank of India | Financial | CD | 0.21% |
| Infina Finance Pvt. Ltd. | Financial | CP | 0.21% |
| Motilal Oswal Financial Services Ltd. | Financial | CP | 0.21% |
| Motilal Oswal Finevest Ltd. | Financial | CP | 0.21% |
| Bank Of Baroda | Financial | CD | 0.17% |
| Bank Of Baroda | Financial | CD | 0.15% |
| Small Industries Devp. Bank of India Ltd. | Financial | CP | 0.11% |
| Godrej Finance Ltd. | Financial | CP | 0.11% |
| Tata Capital Ltd. | Financial | CP | 0.10% |
| Bank Of Baroda | Financial | CD | 0.10% |
| Birla Group Holdings Pvt. Ltd. | Financial | CP | 0.10% |
| Canara Bank | Financial | CD | 0.10% |
| Reserve Bank of India | Financial | T-Bills | 0.10% |
| Bank Of Baroda | Financial | CD | 0.10% |
| Reserve Bank of India | Financial | T-Bills | 0.10% |
| Reserve Bank of India | Financial | T-Bills | 0.08% |
| ICICI Securities Ltd. | Financial | CP | 0.06% |
| REC Ltd. | Financial | CP | 0.04% |
| Canara Bank | Financial | CD | 0.04% |
| Bihar State | Others | SDL | 0.02% |
| Reserve Bank of India | Financial | T-Bills | 0.02% |
See All
Minimum investments
Min. for 1st investment
₹100
Min. for 2nd investment
₹100
Min. for SIP
₹100
Returns and rankings
Annualised returns
Absolute returns
| Name | 1Y | 3Y | 5Y | All |
|---|---|---|---|---|
| Fund returns | +7.3% | +7.6% | +6.4% | +6.4% |
| Category average (Debt Money Market) | +7.2% | +7.2% | +5.9% | -- |
| Rank (Debt Money Market) | 4 | 2 | 3 | -- |
Exit load, stamp duty and tax
Exit load
Nil
Stamp duty on investment: 0.005% (from July 1st, 2020)
from July 1st 2020
Tax implication
Returns are taxed as per your Income Tax slab.
Check past data
Compare similar funds
| Name | 1Y | 3Y | Fund Size(Cr) | |
|---|---|---|---|---|
Axis Money Market Fund Direct IDCW Monthly | +7.30% | +7.60% | 23,789.68 | |
PGIM India Money Market Fund Direct IDCW Monthly | +7.04% | +7.37% | 225.73 | |
Sundaram Money Market Fund Direct IDCW Monthly | +7.17% | +7.36% | 2,334.48 | |
Baroda BNP Paribas Money Market Fund Direct IDCW Monthly | +7.17% | +7.32% | 4,964.82 | |
| Compare | ||||
Fund management
DSDevang ShahJul 2019 - PresentView details
DS
Devang Shah
Jul 2019 - Present
View details
APAditya PagariaJul 2019 - PresentView details
AP
Aditya Pagaria
Jul 2019 - Present
View details
SJSachin JainNov 2021 - PresentView details
SJ
Sachin Jain
Nov 2021 - Present
View details
About Axis Money Market Fund Direct IDCW Monthly
Axis Money Market Fund Direct IDCW Monthly is a Debt Mutual Fund Scheme launched by Axis Mutual Fund. This scheme was made available to investors on 04 Sep 2009. Devang Shah is the Current Fund Manager of Axis Money Market Fund Direct IDCW Monthly fund. The fund currently has an Asset Under Management(AUM) of ₹3,66,904 Cr and the Latest NAV as of 11 Mar 2026 is ₹1,010.11.
The Axis Money Market Fund Direct IDCW Monthly is rated Low to Moderate risk. Minimum SIP Investment is set to ₹100. Minimum Lumpsum Investment is ₹100.
;
Investment Objective
The scheme seeks to generate regular income through investment in a portfolio comprising of money market instruments.
Fund benchmarkNIFTY Money Market Index A-I
Fund house
Rank (total assets)#7 in India
Total AUM₹3,66,904.00 Cr
Date of Incorporation04 Sep 2009
Launch Date04 Sep 2009
Address23rd Floor, One Lodha Place,S. B. Road, Lower Parel. Mumbai 400013
Websitewww.karvymfs.com
AddressKarvy House, No. 46, 8-2-609/K, Avenue 4, Street No.1 Banjara Hills,