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Axis Money Market Fund Direct Growth
Debt
Money Market
Low to Moderate Risk
+7.64%
3Y annualised
+0.02% 1D
NAV: 27 Feb '26
₹1,506.79
Min. for SIP
₹100
Fund size
₹22,669.60 Cr
Expense ratio
0.17%
Return calculator
Monthly investment
₹5,000
| Over the past | Total investment | Would've become | Historic returns | Returns |
|---|---|---|---|---|
| 6 months | ₹30,000 | ₹30,389 | +1.30% | |
| 1 year | ₹60,000 | ₹61,997 | +3.33% | |
| 3 years | ₹1,80,000 | ₹2,01,059 | +11.70% | |
| 5 years | ₹3,00,000 | ₹3,57,401 | +19.13% |
Holdings (116)
| Name | Sector | Instruments | Assets |
|---|---|---|---|
| National Bank For Agriculture & Rural Development | Financial | CD | 2.68% |
| National Bank For Agriculture & Rural Development | Financial | CD | 2.62% |
| HDFC Bank Ltd. | Financial | CD | 2.53% |
| Punjab National Bank | Financial | CD | 2.51% |
| Small Industries Devp. Bank of India Ltd. | Financial | CD | 2.28% |
| Bank of India | Financial | CD | 2.19% |
| HDFC Bank Ltd. | Financial | CD | 2.15% |
| Kotak Mahindra Bank Ltd. | Financial | CD | 2.07% |
| Canara Bank | Financial | CD | 2.05% |
| Bank Of Baroda | Financial | CD | 2.05% |
| Small Industries Devp. Bank of India Ltd. | Financial | CD | 1.99% |
| Reserve Bank of India | Financial | T-Bills | 1.95% |
| IDFC First Bank Ltd. | Financial | CD | 1.72% |
| Bajaj Housing Finance Ltd. | Financial | CP | 1.65% |
| Kotak Mahindra Bank Ltd. | Financial | CD | 1.61% |
| Union Bank of India | Financial | CD | 1.51% |
| Kotak Mahindra Bank Ltd. | Financial | CD | 1.51% |
| Reserve Bank of India | Financial | T-Bills | 1.46% |
| Indusind Bank Ltd. | Financial | CD | 1.44% |
| IDFC First Bank Ltd. | Financial | CD | 1.32% |
| HDFC Bank Ltd. | Financial | CD | 1.31% |
| Union Bank of India | Financial | CD | 1.30% |
| Small Industries Devp. Bank of India Ltd. | Financial | CP | 1.29% |
| Canara Bank | Financial | CD | 1.24% |
| ICICI Bank Ltd. | Financial | CD | 1.24% |
| Small Industries Devp. Bank of India Ltd. | Financial | CD | 1.24% |
| Kotak Mahindra Securities Ltd. | Financial | CP | 1.10% |
| Union Bank of India | Financial | CD | 1.10% |
| Piramal Finance Ltd. | Financial | CP | 1.09% |
| Indusind Bank Ltd. | Financial | CD | 1.08% |
| Muthoot Finance Ltd. | Financial | CP | 1.07% |
| Motilal Oswal Finevest Ltd. | Financial | CP | 1.07% |
| Kotak Mahindra Bank Ltd. | Financial | CD | 1.06% |
| Tata Teleservices (Maharashtra) Ltd. | Communication | CP | 1.04% |
| Bank Of Baroda | Financial | CD | 1.03% |
| Canara Bank | Financial | CD | 1.03% |
| National Bank For Agriculture & Rural Development | Financial | CD | 1.03% |
| Bharti Telecom Ltd. | Communication | CP | 0.99% |
| Small Industries Devp. Bank of India Ltd. | Financial | CD | 0.97% |
| 360 ONE Wealth Ltd. | Financial | CP | 0.88% |
| Canara Bank | Financial | CD | 0.88% |
| Muthoot Finance Ltd. | Financial | CP | 0.86% |
| HDFC Bank Ltd. | Financial | CD | 0.85% |
| Small Industries Devp. Bank of India Ltd. | Financial | CD | 0.84% |
| IDFC First Bank Ltd. | Financial | CD | 0.82% |
| Panatone Finvest Ltd | Financial | CP | 0.72% |
| 360 ONE Wealth Ltd. | Financial | CP | 0.66% |
| Aditya Birla Capital Ltd. | Financial | CP | 0.66% |
| Birla Group Holdings Pvt. Ltd. | Financial | CP | 0.66% |
| National Bank For Agriculture & Rural Development | Financial | CD | 0.66% |
| Indian Bank | Financial | CD | 0.65% |
| Infina Finance Pvt. Ltd. | Financial | CP | 0.65% |
| 360 ONE Wealth Ltd. | Financial | CP | 0.64% |
| HDFC Bank Ltd. | Financial | CD | 0.63% |
| HDFC Bank Ltd. | Financial | CD | 0.63% |
| Birla Group Holdings Pvt. Ltd. | Financial | CP | 0.61% |
| Reserve Bank of India | Financial | T-Bills | 0.57% |
| Infina Finance Pvt. Ltd. | Financial | CP | 0.55% |
| HDFC Securities Ltd. | Financial | CP | 0.55% |
| Indian Bank | Financial | CD | 0.55% |
| HDFC Bank Ltd. | Financial | CD | 0.55% |
| Indian Bank | Financial | CD | 0.52% |
| Small Industries Devp. Bank of India Ltd. | Financial | CD | 0.50% |
| Reserve Bank of India | Financial | T-Bills | 0.50% |
| West Bengal State | Others | SDL | 0.48% |
| Reserve Bank of India | Financial | T-Bills | 0.44% |
| Arka Fincap Ltd. | Financial | CP | 0.44% |
| Punjab National Bank | Financial | CD | 0.44% |
| Motilal Oswal Financial Services Ltd. | Financial | CP | 0.44% |
| HDFC Bank Ltd. | Financial | CD | 0.44% |
| Truhome Finance Ltd. | Financial | CP | 0.43% |
| Tata Capital Ltd. | Financial | CP | 0.43% |
| Barclays Investments & Loans Ltd. | Financial | CP | 0.43% |
| GOI | Sovereign | CGL | 0.42% |
| Small Industries Devp. Bank of India Ltd. | Financial | CD | 0.42% |
| Torrent Pharmaceuticals Ltd. | Healthcare | CP | 0.41% |
| Bajaj Housing Finance Ltd. | Financial | CP | 0.41% |
| 360 ONE Wealth Ltd. | Financial | CP | 0.41% |
| Maharashtra State | Others | SDL | 0.34% |
| Rajasthan State | Others | SDL | 0.33% |
| Birla Group Holdings Pvt. Ltd. | Financial | CP | 0.33% |
| Pilani Investment And Industries Corporation Ltd. | Financial | CP | 0.33% |
| Godrej Finance Ltd. | Financial | CP | 0.33% |
| Bank Of Baroda | Financial | CD | 0.33% |
| Small Industries Devp. Bank of India Ltd. | Financial | CD | 0.32% |
| Canara Bank | Financial | CD | 0.32% |
| Standard Chartered Investment & Loan India. Ltd. | Financial | CP | 0.32% |
| Standard Chartered Investment & Loan India. Ltd. | Financial | CP | 0.32% |
| Bank Of Baroda | Financial | CD | 0.32% |
| Godrej Industries Ltd. | Consumer Staples | CP | 0.31% |
| Godrej Industries Ltd. | Consumer Staples | CP | 0.31% |
| Standard Chartered Investment & Loan India Ltd. | Financial | CP | 0.31% |
| Tamilnadu State | Others | SDL | 0.22% |
| Reserve Bank of India | Financial | T-Bills | 0.22% |
| IDBI Bank Ltd. | Financial | CD | 0.22% |
| Piramal Finance Ltd. | Financial | CP | 0.22% |
| Godrej Finance Ltd. | Financial | CP | 0.22% |
| Small Industries Devp. Bank of India Ltd. | Financial | CP | 0.22% |
| Bank Of Baroda | Financial | CD | 0.22% |
| Kotak Mahindra Bank Ltd. | Financial | CD | 0.22% |
| Union Bank of India | Financial | CD | 0.22% |
| Motilal Oswal Financial Services Ltd. | Financial | CP | 0.21% |
| Motilal Oswal Finevest Ltd. | Financial | CP | 0.21% |
| Bank Of Baroda | Financial | CD | 0.17% |
| Uttar Pradesh State | Others | SDL | 0.15% |
| Small Industries Devp. Bank of India Ltd. | Financial | CP | 0.11% |
| Godrej Finance Ltd. | Financial | CP | 0.11% |
| Bank Of Baroda | Financial | CD | 0.11% |
| Tata Capital Ltd. | Financial | CP | 0.11% |
| Birla Group Holdings Pvt. Ltd. | Financial | CP | 0.11% |
| Canara Bank | Financial | CD | 0.11% |
| Reserve Bank of India | Financial | T-Bills | 0.11% |
| Reserve Bank of India | Financial | T-Bills | 0.08% |
| Reserve Bank of India | Financial | T-Bills | 0.04% |
| Bihar State | Others | SDL | 0.02% |
| Reserve Bank of India | Financial | T-Bills | 0.02% |
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 | +7.4% | +7.6% | +6.4% | +6.4% |
| Category average (Debt Money Market) | +7.2% | +7.2% | +5.9% | -- |
| Rank (Debt Money Market) | 2 | 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 | +7.39% | +7.72% | 33,557.62 | |
Axis Money Market Fund Direct Growth | +7.36% | +7.64% | 22,669.60 | |
Franklin India Money Market Fund Direct Growth | +7.35% | +7.59% | 3,898.47 | |
Bandhan Money Market Fund Direct Growth | +7.35% | +7.58% | 15,693.51 | |
Union Money Market Fund Direct Growth | +7.03% | +7.22% | 155.33 | |
| 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 ₹3,58,698 Cr and the Latest NAV as of 27 Feb 2026 is ₹1,506.79.
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₹3,58,698.01 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,