Fund Details
Axis Money Market Fund Regular Dividend Quarterly
| Risk | Moderate |
|---|---|
| Min SIP Amount | ₹1000 |
| Expense Ratio | 0.31% |
| NAV | ₹1037.08 (21 Jan 2021) |
|---|---|
| Fund Started | 05 Aug 2019 |
| Fund Size | ₹1,659 Cr |
Returns
Comparison
Found nothing so far.
Found nothing so far.
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| Reserve Bank of India | Financial | T-Bills | 14.4% |
| Reserve Bank of India | Financial | T-Bills | 5.5% |
| Power Finance Corpn. Ltd. | Financial | CP | 5.2% |
| Dalmia Cement (Bharat) Ltd | Construction | CP | 4.4% |
| Maharashtra State | Others | SDL | 3.8% |
| L&T Infrastructure Finance Co. Ltd. | Financial | CP | 3.3% |
| Barclays Investments & Loans Ltd. | Financial | CP | 3.1% |
| Reliance Jio Infocomm Ltd. | Communication | CP | 2.7% |
| Britannia Industries Ltd. | FMCG | CP | 2.2% |
| Tata Teleservices (Maharashtra) Ltd. | Communication | CP | 2.2% |
Fund Managers
Axis Money Market Fund Regular Dividend Quarterly Details
Axis Money Market Fund Regular Dividend Quarterly is a Debt Mutual Fund Scheme launched by Axis Mutual Fund. This scheme was made available to investors on 05 Aug 2019. Devang Shah is the Current Fund Manager of Axis Money Market Fund Regular Dividend Quarterly fund.The fund currently has an Asset Under Management(AUM) of ₹1,659 Cr and the Latest NAV as of 21 Jan 2021 is ₹1037.08.
The Axis Money Market Fund Regular Dividend Quarterly is rated Moderate risk. Minimum SIP Investment is set to 1000. Minimum Lumpsum Investment is 5000.
Investment Objective
The scheme seeks to generate regular income through investment in a portfolio comprising of money market instruments.
Tax Implications
Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.
