Axis Money Market Fund Direct IDCW Yearly

Debt
Money Market
Moderate Risk
5.15%
3Y annualised
+0.03% 1D
1M
6M
1Y
3Y
All
NAV: 27 Mar 2023₹1,172.83
Min. SIP amount₹1,000
Rating4
Fund size₹4,002.66Cr

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 returnsNA5.6%5.2%5.5%
Category averageNA5.1%4.6%NA
Rank with in categoryNA84NA
Understand terms

Holdings (77)

NameSectorInstrumentAssets
L&T Metro Rail (Hyderabad) Ltd.ConstructionCP3.1%
Kotak Mahindra Bank Ltd.
FinancialCD3.1%
Himachal Pradesh State
OthersSDL2.5%
National Bank For Agriculture & Rural DevelopmentFinancialCP2.4%
Reserve Bank of India
FinancialT-Bills2.4%
Canara Bank
FinancialCD2.4%
Canara Bank
FinancialCD2.4%
Housing Development Finance Corporation Ltd.FinancialCP2.4%
Small Industries Devp. Bank of India Ltd.
FinancialCP2.3%
Housing Development Finance Corporation Ltd.FinancialCP2.3%
See All

Expense ratio, exit load and tax

Expense ratio: 0.21%

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, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.

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

Aditya Pagaria
Jul 2019 - Present
View details

Education
Mr. Pagaria is a Bachelor in Management Studies and holds a Post Graduate Diploma in Business Management from Institute Of Technology And Management, SK Somaiya College.
Experience
Prior to joining Axis AMC he was associated with ICICI Prudential AMC (Nov 2011-Jul 2016) as Fund Manager - Fixed Income Operations.
Also manages these schemes

Sachin Jain
Nov 2021 - Present
View details

Education
Mr. Jain is a B.Tech, AGMP (Management)
Experience
Prior to joining Axis Asset Management Company Ltd., he has worked with Sundaram Mutual Fund, I- Cap, Sunidhi securities and Finance Ltd.
Also manages these schemes

Fund house & investment objective

Fund house contact details

Address
"Axis House" - 1st Floor,C-2 - Wadia International Centre,Pandurang Budhkar Marg , Worli, Mumbai 400025
Phone
022-24255161
Launch Date
04 Sep 2009
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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