|Min SIP Amount||Not Supported|
|NAV||₹1009.30 (11 Jun 2021)|
|Fund Started||05 Aug 2019|
|Fund Size||₹3,179 Cr|
|Reserve Bank of India||Financial||T-Bills||5.6%|
|National Bank For Agriculture & Rural Development||Financial||CP||4.7%|
|Reserve Bank of India||Financial||T-Bills||4.1%|
|Reliance Industries Ltd.||Energy||Corporate Bond Repo||3.2%|
|Reliance Industries Ltd.||Energy||CP||3.1%|
|Export-Import Bank Of India||Financial||CD||3.1%|
|National Bank For Agriculture & Rural Development||Financial||CP||3.1%|
|ICICI Securities Ltd.||Financial||CP||3.1%|
|IDFC First Bank Ltd.||Financial||CD||3.1%|
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 05 Aug 2019. 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 ₹3,179 Cr and the Latest NAV as of 11 Jun 2021 is ₹1009.30.
The Axis Money Market Fund Direct IDCW Monthly is rated Moderate risk.
The scheme seeks to generate regular income through investment in a portfolio comprising of money market instruments.
Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.