Axis Money Market Fund Direct IDCW Monthly

Debt
Money Market
Low to Moderate Risk
5.91%
3Y annualised
+0.02% 1D
1M
6M
1Y
3Y
All
NAV: 16 Apr 2024₹1,013.52
Min. SIP amount₹1,000
Rating4
Fund size₹7,272.40Cr

Return calculator

Monthly SIP
One-Time
₹5,000 per month
Over the past
Total investment of 0
Would have become (%)

Returns and rankings

Category: Debt Money Market
Annualised returns
Absolute returns
6M1Y3YAll
Fund returnsNA7.7%5.9%6.0%
Category averageNA7.2%5.5%NA
Rank with in categoryNA44NA
Understand terms

Holdings (61)

NameSectorInstrumentAssets
Union Bank of India
FinancialCD4.51%
Punjab National Bank
FinancialCD4.20%
Reserve Bank of India
FinancialT-Bills3.67%
Export-Import Bank Of India
FinancialCP3.53%
Canara Bank
FinancialCD3.24%
Small Industries Devp. Bank of India Ltd.
FinancialCD3.23%
ICICI Bank Ltd.
FinancialCD3.22%
National Bank For Agriculture & Rural Development
FinancialCD3.22%
Reserve Bank of India
FinancialT-Bills2.59%
HDFC Bank Ltd.
FinancialCD2.57%
See All

Expense ratio, exit load and tax

Expense ratio: 0.17%

Inclusive of GST

Exit load

Nil

Stamp duty

0.005% (from July 1st, 2020)

Tax implication

Returns are taxed as per your Income Tax slab.

Understand terms
Check past data

Minimum investment amounts

Min. for 1st investment₹5,000
Min. for 2nd investment onwards₹1,000
Min. for SIP₹1,000

Fund management

Devang Shah
Jul 2019 - Present
View details

Education
Mr. Shah is B.Com and ACA.
Experience
Prior to joining Axis AMC he has worked with ICICI Prudential AMC, Deutsche Asset Management (India) Pvt. Ltd. and Pricewaterhouse Coopers.
Also manages these schemes

Fund house & investment objective

Fund house contact details

Address
23rd Floor, One Lodha Place,S. B. Road, Lower Parel. Mumbai 400013
Phone
022-24255161
Launch Date
04 Sep 2009
E-mail
NA
Axis Mutual Fund
Asset Management Company
Custodian
Deutsche Bank
Registrar & Transfer Agent
KFin Tech
Address
Karvy House, No. 46, 8-2-609/K, Avenue 4, Street No.1 Banjara Hills,

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