Axis Money Market Fund Direct Growth

Debt
Money Market
Low to Moderate Risk
6.80%
3Y annualised
+0.05% 1D
1M
6M
1Y
3Y
5Y
All
NAV: 13 Jan 2025₹1,390.45
Min. SIP amount₹1,000
Rating4
Fund size₹14,298.79Cr

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
1Y3Y5YAll
Fund returns7.8%6.8%6.1%6.2%
Category average7.3%6.3%5.7%NA
Rank with in category244NA
Understand terms

Peer Comparison

Holdings (129)

NameSectorInstrumentAssets
Export-Import Bank Of India
FinancialCP4.39%
HDFC Bank Ltd.
FinancialCD3.83%
Small Industries Devp. Bank of India Ltd.
FinancialCD3.21%
Bank Of Baroda
FinancialCD2.20%
HDFC Bank Ltd.
FinancialCD2.15%
Indusind Bank Ltd.
FinancialCD2.12%
The Federal Bank Ltd.
FinancialCD2.11%
Small Industries Devp. Bank of India Ltd.
FinancialCP2.03%
National Bank For Agriculture & Rural Development
FinancialCD1.92%
Reserve Bank of India
FinancialT-Bills1.92%
Bharti Telecom Ltd.
CommunicationCP1.83%
HDFC Bank Ltd.
FinancialCD1.82%
ICICI Securities Ltd.
FinancialCP1.61%
Kotak Securities Ltd.
ServicesCP1.59%
Punjab National Bank
FinancialCD1.57%
Indian Bank
FinancialCD1.57%
IDFC First Bank Ltd.
FinancialCD1.57%
IDFC First Bank Ltd.
FinancialCD1.57%
Bank Of Baroda
FinancialCD1.57%
ICICI Bank Ltd.
FinancialCD1.52%
Punjab National Bank
FinancialCD1.44%
HDFC Bank Ltd.
FinancialCD1.44%
Punjab National Bank
FinancialCD1.28%
Punjab National Bank
FinancialCD1.28%
Reserve Bank of India
FinancialT-Bills1.28%
Reserve Bank of India
FinancialT-Bills1.28%
ICICI Securities Ltd.
FinancialCP1.27%
Sundaram Finance Ltd.
FinancialCP1.26%
Bank Of Baroda
FinancialCD1.26%
Small Industries Devp. Bank of India Ltd.
FinancialCP1.26%
HDFC Bank Ltd.
FinancialCD1.25%
Indusind Bank Ltd.
FinancialCD1.25%
Reserve Bank of India
FinancialT-Bills1.23%
Small Industries Devp. Bank of India Ltd.
FinancialCD1.21%
Bharti Telecom Ltd.
CommunicationCP1.21%
Kotak Mahindra Bank Ltd.
FinancialCD1.21%
Indian Bank
FinancialCD1.21%
Small Industries Devp. Bank of India Ltd.
FinancialCD1.21%
The Federal Bank Ltd.
FinancialCD1.12%
Bank of India
FinancialCD1.06%
Gujarat State
ConstructionSDL0.97%
Network 18 Media & Investments Ltd.
ServicesCP0.96%
Gujarat State
ConstructionSDL0.95%
ICICI Securities Ltd.
FinancialCP0.94%
Maharashtra State
OthersSDL0.91%
Indusind Bank Ltd.
FinancialCD0.91%
Reserve Bank of India
FinancialT-Bills0.87%
Kotak Mahindra Bank Ltd.
FinancialCD0.80%
Union Bank of India
FinancialCD0.80%
Infina Finance Pvt. Ltd.
FinancialCP0.76%
Canara Bank
FinancialCD0.76%
Rajasthan State
OthersSDL0.65%
Andhra Pradesh State
FinancialSDL0.64%
Reserve Bank of India
FinancialT-Bills0.64%
Shriram Housing Finance Ltd.
FinancialCP0.64%
Indusind Bank Ltd.
FinancialCD0.64%
Piramal Enterprises Ltd.
HealthcareCP0.64%
Kotak Mahindra Bank Ltd.
FinancialCD0.64%
Reserve Bank of India
FinancialT-Bills0.64%
ICICI Securities Ltd.
FinancialCP0.64%
Indusind Bank Ltd.
FinancialCD0.64%
Indusind Bank Ltd.
FinancialCD0.64%
360 One Wam Ltd.
FinancialCP0.64%
ICICI Securities Ltd.
FinancialCP0.64%
Bank Of Baroda
FinancialCD0.64%
Indian Bank
FinancialCD0.64%
360 ONE Wealth Ltd.
FinancialCP0.64%
Tata Projects Ltd.
ConstructionCP0.64%
Infina Finance Pvt. Ltd.
FinancialCP0.64%
Piramal Capital & Housing Finance Ltd.
FinancialCP0.63%
Infina Finance Pvt. Ltd.
FinancialCP0.63%
Piramal Capital & Housing Finance Ltd.
FinancialCP0.63%
Indian Bank
FinancialCD0.63%
Mindspace Business Parks REIT
ConstructionCP0.63%
Phoenix ARC Pvt Ltd.
DiversifiedCP0.62%
Maharashtra State
OthersSDL0.62%
Sundaram Home Finance Ltd.
FinancialCP0.62%
Standard Chartered Capital Ltd.
FinancialCP0.61%
Tata Capital Housing Finance Ltd.
FinancialCP0.61%
The Federal Bank Ltd.
FinancialCD0.60%
Kotak Mahindra Bank Ltd.
FinancialCD0.60%
ICICI Securities Ltd.
FinancialCP0.57%
Mankind Pharma Ltd.
HealthcareCP0.52%
ICICI Securities Ltd.
FinancialCP0.48%
Godrej Finance Ltd.
FinancialCP0.48%
Export-Import Bank Of India
FinancialCP0.48%
Bank Of Baroda
FinancialCD0.48%
Birla Group Holdings Pvt. Ltd.
FinancialCP0.48%
Infina Finance Pvt. Ltd.
FinancialCP0.47%
Motilal Oswal Financial Services Ltd.
FinancialCP0.47%
West Bengal State
OthersSDL0.46%
Reserve Bank of India
FinancialT-Bills0.46%
Reserve Bank of India
FinancialT-Bills0.39%
HSBC InvestDirect Financial Services India Ltd.
FinancialCP0.38%
Larsen & Toubro Ltd.
ConstructionCP0.32%
Motilal Oswal Financial Services Ltd.
FinancialCP0.32%
Motilal Oswal Financial Services Ltd.
FinancialCP0.32%
Bharti Telecom Ltd.
CommunicationCP0.32%
Tata Projects Ltd.
ConstructionCP0.32%
Canara Bank
FinancialCD0.32%
Infina Finance Pvt. Ltd.
FinancialCP0.32%
Union Bank of India
FinancialCD0.32%
Canara Bank
FinancialCD0.32%
Birla Group Holdings Pvt. Ltd.
FinancialCP0.31%
Haryana State
OthersSDL0.29%
Tamilnadu State
OthersSDL0.23%
Gujarat State
ConstructionSDL0.17%
Uttar Pradesh State
OthersSDL0.16%
Rajasthan State
OthersSDL0.16%
SovereignGOI Sec0.16%
HDFC Bank Ltd.
FinancialCD0.16%
Birla Group Holdings Pvt. Ltd.
FinancialCP0.16%
Birla Group Holdings Pvt. Ltd.
FinancialCP0.16%
Union Bank of India
FinancialCD0.16%
Aditya Birla Finance Ltd.
FinancialCP0.16%
Julius Baer Capital India Pvt Ltd.
FinancialCP0.16%
LIC Housing Finance Ltd.
FinancialCP0.16%
Pilani Investment And Industries Corporation Ltd.
FinancialCP0.16%
GOI
SovereignCGL0.13%
Kerala State
OthersSDL0.10%
Tamilnadu State
OthersSDL0.10%
Rajasthan State
OthersSDL0.10%
Tamilnadu State
OthersSDL0.06%
Indusind Bank Ltd.
FinancialCD0.06%
Maharashtra State
OthersSDL0.03%
National Bank For Agriculture & Rural Development
FinancialCD0.03%
ICICI Securities Primary Dealership Ltd.
FinancialIRS0.00%
ICICI Bank Ltd.
FinancialIRS0.00%
ICICI Securities Primary Dealership Ltd.
FinancialIRS0.00%
See All

Expense ratio, exit load and tax

Expense ratio: 0.16%

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,

Compare funds

Axis Money Market Fund Direct Growth
VS
Add mutual fund to compare
Loading...
ⓒ 2016-2025 Groww. All rights reserved, Built with in India
MOST POPULAR ON GROWWVERSION - 5.6.4
STOCK MARKET INDICES:  S&P BSE SENSEX |  S&P BSE 100 |  NIFTY 100 |  NIFTY 50 |  NIFTY MIDCAP 100 |  NIFTY BANK |  NIFTY NEXT 50
MUTUAL FUNDS COMPANIES:  GROWWMF |  SBI |  AXIS |  HDFC |  UTI |  NIPPON INDIA |  ICICI PRUDENTIAL |  TATA |  KOTAK |  DSP |  CANARA ROBECO |  SUNDARAM |  MIRAE ASSET |  IDFC |  FRANKLIN TEMPLETON |  PPFAS |  MOTILAL OSWAL |  INVESCO |  EDELWEISS |  ADITYA BIRLA SUN LIFE |  LIC |  HSBC |  NAVI |  QUANTUM |  UNION |  ITI |  MAHINDRA MANULIFE |  360 ONE |  BOI |  TAURUS |  JM FINANCIAL |  PGIM |  SHRIRAM |  BARODA BNP PARIBAS |  QUANT |  WHITEOAK CAPITAL |  TRUST |  SAMCO |  NJ