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Invest in direct mutual funds at zero charges via lump sump investments or SIPs
Axis Money Market Fund Direct Growth
+7.53%
3Y annualised
+0.11% 1D
NAV: 09 Apr '26
₹1,518.00
Min. for SIP
₹100
Fund size (AUM)
₹20,349.47 Cr
Expense ratio
0.17%
Rating
4
Return calculator
Monthly investment
₹5,000
| Over the past | Total investment | Would've become | Historic returns | Returns |
|---|---|---|---|---|
| 6 months | ₹30,000 | ₹30,409 | +1.36% | |
| 1 year | ₹60,000 | ₹61,754 | +2.92% | |
| 3 years | ₹1,80,000 | ₹2,00,048 | +11.14% | |
| 5 years | ₹3,00,000 | ₹3,57,443 | +19.15% |
Holdings (102)
| Name | Sector | Instruments | Assets |
|---|---|---|---|
| National Bank For Agriculture & Rural Development | Financial | CD | 3.68% |
| Union Bank of India | Financial | CD | 3.57% |
| Bank Of Baroda | Financial | CD | 3.43% |
| National Bank For Agriculture & Rural Development | Financial | CD | 3.01% |
| HDFC Bank Ltd. | Financial | CD | 2.87% |
| Small Industries Devp. Bank of India Ltd. | Financial | CD | 2.57% |
| Mahindra & Mahindra Financial Services Ltd. | Financial | CP | 2.53% |
| Reserve Bank of India | Financial | T-Bills | 2.33% |
| Kotak Mahindra Bank Ltd. | Financial | CD | 2.33% |
| National Bank For Agriculture & Rural Development | Financial | CD | 2.31% |
| The Federal Bank Ltd. | Financial | CD | 2.31% |
| Small Industries Devp. Bank of India Ltd. | Financial | CD | 2.25% |
| Canara Bank | Financial | CD | 2.14% |
| Canara Bank | Financial | CD | 2.08% |
| Canara Bank | Financial | CD | 1.84% |
| Punjab & Sind Bank | Financial | CD | 1.84% |
| Punjab & Sind Bank | Financial | CD | 1.83% |
| Reserve Bank of India | Financial | T-Bills | 1.74% |
| Punjab National Bank | Financial | CD | 1.74% |
| Kotak Mahindra Bank Ltd. | Financial | CD | 1.63% |
| Bajaj Housing Finance Ltd. | Financial | CP | 1.62% |
| Indusind Bank Ltd. | Financial | CD | 1.62% |
| Small Industries Devp. Bank of India Ltd. | Financial | CD | 1.51% |
| Small Industries Devp. Bank of India Ltd. | Financial | CD | 1.46% |
| Canara Bank | Financial | CD | 1.40% |
| Canara Bank | Financial | CD | 1.39% |
| Bank Of Baroda | Financial | CD | 1.39% |
| AU Small Finance Bank Ltd. | Financial | CD | 1.38% |
| Kotak Mahindra Bank Ltd. | Financial | CD | 1.34% |
| Reserve Bank of India | Financial | T-Bills | 1.32% |
| ICICI Bank Ltd. | Financial | CD | 1.28% |
| Reserve Bank of India | Financial | T-Bills | 1.20% |
| Reserve Bank of India | Financial | T-Bills | 1.20% |
| Tata Teleservices (Maharashtra) Ltd. | Communication | CP | 1.17% |
| National Bank For Agriculture & Rural Development | Financial | CD | 1.16% |
| Bank Of Baroda | Financial | CD | 1.16% |
| ICICI Securities Ltd. | Financial | CP | 1.15% |
| Kotak Mahindra Securities Ltd. | Financial | CP | 1.15% |
| ICICI Securities Ltd. | Financial | CP | 1.15% |
| Bharti Telecom Ltd. | Communication | CP | 1.15% |
| Motilal Oswal Finevest Ltd. | Financial | CP | 0.97% |
| Small Industries Devp. Bank of India Ltd. | Financial | CD | 0.94% |
| Indian Bank | Financial | CD | 0.93% |
| Bank Of Baroda | Financial | CD | 0.93% |
| Kotak Mahindra Bank Ltd. | Financial | CD | 0.93% |
| IDFC First Bank Ltd. | Financial | CD | 0.93% |
| IDFC First Bank Ltd. | Financial | CD | 0.92% |
| ICICI Bank Ltd. | Financial | CD | 0.92% |
| Motilal Oswal Financial Services Ltd. | Financial | CP | 0.92% |
| 360 ONE Wealth Ltd. | Financial | CP | 0.91% |
| Panatone Finvest Ltd | Financial | CP | 0.81% |
| HDFC Bank Ltd. | Financial | CD | 0.71% |
| Birla Group Holdings Pvt. Ltd. | Financial | CP | 0.69% |
| Godrej Housing Finance Ltd. | Financial | CP | 0.69% |
| Punjab National Bank | Financial | CD | 0.69% |
| HDFC Bank Ltd. | Financial | CD | 0.69% |
| Godrej Finance Ltd. | Financial | CP | 0.69% |
| Reserve Bank of India | Financial | T-Bills | 0.64% |
| Kotak Mahindra Bank Ltd. | Financial | CD | 0.60% |
| Maharashtra State | Others | SDL | 0.59% |
| National Bank For Agriculture & Rural Development | Financial | CD | 0.58% |
| Small Industries Devp. Bank of India Ltd. | Financial | CP | 0.58% |
| Small Industries Devp. Bank of India Ltd. | Financial | CD | 0.57% |
| Reserve Bank of India | Financial | T-Bills | 0.56% |
| Reserve Bank of India | Financial | T-Bills | 0.54% |
| West Bengal State | Others | SDL | 0.53% |
| Truhome Finance Ltd. | Financial | CP | 0.49% |
| Reserve Bank of India | Financial | T-Bills | 0.49% |
| Small Industries Devp. Bank of India Ltd. | Financial | CD | 0.47% |
| Torrent Pharmaceuticals Ltd. | Healthcare | CP | 0.47% |
| Bajaj Housing Finance Ltd. | Financial | CP | 0.47% |
| Small Industries Devp. Bank of India Ltd. | Financial | CD | 0.46% |
| Punjab National Bank | Financial | CD | 0.46% |
| 360 ONE Wealth Ltd. | Financial | CP | 0.46% |
| Tata Capital Ltd. | Financial | CP | 0.46% |
| National Bank For Agriculture & Rural Development | Financial | CD | 0.46% |
| Phoenix ARC Pvt Ltd. | Diversified | CP | 0.45% |
| Maharashtra State | Others | SDL | 0.38% |
| Rajasthan State | Others | SDL | 0.37% |
| Bank Of Baroda | Financial | CD | 0.36% |
| Godrej Industries Ltd. | Consumer Staples | CP | 0.35% |
| Godrej Industries Ltd. | Consumer Staples | CP | 0.35% |
| Godrej Industries Ltd. | Consumer Staples | CP | 0.35% |
| Godrej Industries Ltd. | Consumer Staples | CP | 0.35% |
| Kerala State | Others | SDL | 0.29% |
| Infina Finance Pvt. Ltd. | Financial | CP | 0.24% |
| Motilal Oswal Finevest Ltd. | Financial | CP | 0.24% |
| Tamilnadu State | Others | SDL | 0.15% |
| Jharkhand State | Others | SDL | 0.12% |
| Reserve Bank of India | Financial | T-Bills | 0.12% |
| Barclays Investments & Loans Ltd. | Financial | CP | 0.12% |
| Reserve Bank of India | Financial | T-Bills | 0.12% |
| Reserve Bank of India | Financial | T-Bills | 0.10% |
| Union Bank of India | Financial | CD | 0.07% |
| ICICI Securities Ltd. | Financial | CP | 0.07% |
| IDBI Bank Ltd. | Financial | CD | 0.03% |
| Reserve Bank of India | Financial | T-Bills | 0.02% |
| ICICI Securities Ltd. | Financial | CP | 0.01% |
| Barclays Bank | Financial | IRS | -0.00% |
| IDFC First Bank Ltd. | Financial | IRS | -0.00% |
| ICICI Securities Primary Dealership Ltd. | Financial | IRS | -0.00% |
| Hongkong & Shanghai Banking Corpn. Ltd. | Financial | IRS | -0.00% |
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 | +6.8% | +7.5% | +6.5% | +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) | |
|---|---|---|---|---|
Tata Money Market Fund Direct Growth | +6.80% | +7.61% | 32,382.40 | |
Bandhan Money Market Fund Direct Growth | +6.78% | +7.48% | 13,437.11 | |
Franklin India Money Market Fund Direct Growth | +6.69% | +7.47% | 3,959.38 | |
ICICI Prudential Money Market Direct Growth | +6.67% | +7.47% | 31,749.72 | |
Union Money Market Fund Direct Growth | +6.68% | +7.20% | 682.95 | |
| 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 Growth
Axis Money Market Fund Direct Growth 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 Growth fund. The fund currently has an Asset Under Management(AUM) of ₹3,66,904 Cr and the Latest NAV as of 09 Apr 2026 is ₹1,518.00.
The Axis Money Market Fund Direct Growth is rated Low to Moderate risk. Minimum SIP Investment is set to ₹100. Minimum Lumpsum Investment is ₹100.
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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,