Axis Money Market Fund Direct Growth

Debt
Money Market
Low to Moderate Risk
6.64%
3Y annualised
+0.02% 1D
1M
6M
1Y
3Y
5Y
All
NAV: 19 Nov 2024₹1,376.14
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 returns7.9%6.6%6.1%6.2%
Category average7.4%6.2%5.7%NA
Rank with in category244NA
Understand terms

Peer Comparison

Holdings (120)

NameSectorInstrumentAssets
Punjab National Bank
FinancialCD3.61%
HDFC Bank Ltd.
FinancialCD3.59%
Small Industries Devp. Bank of India Ltd.
FinancialCD2.89%
Canara Bank
FinancialCD2.87%
Canara Bank
FinancialCD2.02%
HDFC Bank Ltd.
FinancialCD1.94%
Bank of India
FinancialCD1.87%
Union Bank of India
FinancialCD1.87%
Small Industries Devp. Bank of India Ltd.
FinancialCP1.83%
Bank Of Baroda
FinancialCD1.73%
National Bank For Agriculture & Rural Development
FinancialCD1.73%
Reserve Bank of India
FinancialT-Bills1.73%
Bharti Telecom Ltd.
CommunicationCP1.65%
Bank Of Baroda
FinancialCD1.45%
ICICI Securities Ltd.
FinancialCP1.45%
Kotak Securities Ltd.
ServicesCP1.43%
Punjab National Bank
FinancialCD1.42%
IDFC First Bank Ltd.
FinancialCD1.41%
Punjab National Bank
FinancialCD1.30%
HDFC Bank Ltd.
FinancialCD1.29%
Punjab National Bank
FinancialCD1.16%
Reserve Bank of India
FinancialT-Bills1.16%
Indusind Bank Ltd.
FinancialCD1.15%
Small Industries Devp. Bank of India Ltd.
FinancialCD1.15%
ICICI Securities Ltd.
FinancialCP1.15%
Tata Projects Ltd.
ConstructionCP1.15%
Bank Of Baroda
FinancialCD1.14%
HDFC Bank Ltd.
FinancialCD1.13%
Indusind Bank Ltd.
FinancialCD1.13%
Small Industries Devp. Bank of India Ltd.
FinancialCP1.13%
Reserve Bank of India
FinancialT-Bills1.11%
Bharti Telecom Ltd.
CommunicationCP1.09%
The Federal Bank Ltd.
FinancialCD1.01%
Gujarat State
ConstructionSDL0.89%
Union Bank of India
FinancialCD0.87%
Gujarat State
ConstructionSDL0.87%
Punjab National Bank
FinancialCD0.86%
National Bank For Agriculture & Rural Development
FinancialMoney Mkt0.86%
Infina Finance Pvt. Ltd.
FinancialCP0.86%
Maharashtra State
OthersSDL0.83%
Reserve Bank of India
FinancialT-Bills0.78%
Small Industries Devp. Bank of India Ltd.
FinancialCD0.73%
Canara Bank
FinancialCD0.73%
HDFC Bank Ltd.
FinancialCD0.72%
Kotak Mahindra Bank Ltd.
FinancialCD0.72%
Union Bank of India
FinancialCD0.72%
IDFC First Bank Ltd.
FinancialCD0.72%
Infina Finance Pvt. Ltd.
FinancialCP0.69%
Andhra Pradesh State
FinancialSDL0.59%
Reserve Bank of India
FinancialT-Bills0.59%
Indusind Bank Ltd.
FinancialCD0.58%
Kotak Mahindra Bank Ltd.
FinancialCD0.58%
Piramal Enterprises Ltd.
HealthcareCP0.58%
Small Industries Devp. Bank of India Ltd.
FinancialCD0.58%
Canara Bank
FinancialCD0.58%
Union Bank of India
FinancialCD0.58%
Infina Finance Pvt. Ltd.
FinancialCP0.58%
ICICI Securities Ltd.
FinancialCP0.58%
Reserve Bank of India
FinancialT-Bills0.58%
Shriram Housing Finance Ltd.
FinancialCP0.58%
360 ONE Wealth Ltd.
FinancialCP0.58%
Birla Group Holdings Pvt. Ltd.
FinancialCP0.58%
LIC Housing Finance Ltd.
FinancialCP0.57%
Indian Bank
FinancialCD0.57%
Export-Import Bank Of India
FinancialCP0.57%
Infina Finance Pvt. Ltd.
FinancialCP0.57%
360 One Wam Ltd
FinancialCP0.57%
360 ONE Wealth Ltd.
FinancialCP0.57%
Maharashtra State
OthersSDL0.56%
Phoenix ARC Pvt Ltd.
DiversifiedCP0.56%
Mindspace Business Parks REIT
ConstructionCP0.56%
Sundaram Home Finance Ltd.
FinancialCP0.55%
Tata Capital Housing Finance Ltd.
FinancialCP0.55%
Standard Chartered Capital Ltd.
FinancialCP0.55%
ICICI Securities Ltd.
FinancialCP0.52%
Mankind Pharma Ltd.
HealthcareCP0.47%
Bank Of Baroda
FinancialCD0.43%
HDFC Bank Ltd.
FinancialCD0.43%
Union Bank of India
FinancialCD0.43%
National Bank For Agriculture & Rural Development
FinancialCD0.43%
ICICI Securities Ltd.
FinancialCP0.43%
Birla Group Holdings Pvt. Ltd.
FinancialCP0.43%
Godrej Housing Finance Ltd.
FinancialCP0.43%
Godrej Finance Ltd.
FinancialCP0.43%
West Bengal State
OthersSDL0.42%
Motilal Oswal Financial Services Ltd.
FinancialCP0.42%
Reserve Bank of India
FinancialT-Bills0.41%
Reserve Bank of India
FinancialT-Bills0.35%
National Bank For Agriculture & Rural Development
FinancialCD0.32%
Bharti Telecom Ltd.
CommunicationCP0.29%
HDFC Bank Ltd.
FinancialCD0.29%
Larsen & Toubro Ltd.
ConstructionCP0.29%
Canara Bank
FinancialCD0.29%
Union Bank of India
FinancialCD0.29%
Motilal Oswal Financial Services Ltd.
FinancialCP0.29%
Tata Capital Housing Finance Ltd.
FinancialCP0.29%
Kotak Securities Ltd.
ServicesCP0.29%
Tata Projects Ltd.
ConstructionCP0.29%
The Federal Bank Ltd.
FinancialCD0.28%
Birla Group Holdings Pvt. Ltd.
FinancialCP0.28%
Haryana State
OthersSDL0.27%
Tamilnadu State
OthersSDL0.21%
JM Financial Services Pvt. Ltd.
FinancialCP0.20%
Gujarat State
ConstructionSDL0.15%
Rajasthan State
OthersSDL0.15%
Uttar Pradesh State
OthersSDL0.15%
Pilani Investment And Industries Corporation Ltd.
FinancialCP0.14%
Union Bank of India
FinancialCD0.14%
Aditya Birla Finance Ltd.
FinancialCP0.14%
Julius Baer Capital India Pvt Ltd.
FinancialCP0.14%
Birla Group Holdings Pvt. Ltd.
FinancialCP0.14%
GOI
SovereignCGL0.12%
Canara Bank
FinancialCD0.09%
Tamilnadu State
OthersSDL0.09%
Rajasthan State
OthersSDL0.09%
Kerala State
OthersSDL0.09%
Indusind Bank Ltd.
FinancialCD0.06%
Tamilnadu State
OthersSDL0.06%
Maharashtra State
OthersSDL0.03%
Reserve Bank of India
FinancialT-Bills0.03%
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,

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