Axis Money Market Fund Direct Growth

Debt
Money Market
Low to Moderate Risk
5.09%
3Y annualised
+0.03% 1D
1M
6M
1Y
3Y
All
NAV: 04 Oct 2022₹1,177.39
Min. SIP amount₹1,000
Rating4
Fund size₹3,624.33Cr

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 returnsNA4.3%5.1%5.3%
Category averageNA3.7%4.6%NA
Rank with in categoryNA74NA
Understand terms

Holdings (53)

NameSectorInstrumentAssets
National Bank For Agriculture & Rural Development
FinancialCP4.7%
Bajaj Housing Finance Ltd.FinancialCP4.0%
Indusind Bank Ltd.
FinancialCD3.9%
HDFC Bank Ltd.
FinancialCD3.7%
Canara Bank
FinancialCD3.4%
Himachal Pradesh State
OthersSDL2.8%
Tata Steel Ltd.Metals & MiningCP2.7%
Reserve Bank of India
FinancialT-Bills2.7%
Reserve Bank of India
FinancialT-Bills2.7%
Standard Chartered Capital Ltd.FinancialCP2.7%
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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