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Axis Money Market Fund Regular IDCW Quarterly

Debt
Money Market
Moderate Risk
3.99%
1Y return
+0.01% 1D
1M
6M
1Y
All
NAV: 30 Jul 2021₹1,038.42
Min. SIP Amount₹1,000
Rating4star
Fund Size₹2,306.68 Cr

Return calculator

Monthly SIP
One-Time
₹5,000 per month
Over the past
Total investment of 0
Would have become 0 (0.00%)

Returns and rankings

Category: Debt Money Market
Annualised returns
Absolute returns
1Y3Y5YAll
Fund returns4.0%NANA5.8%
Category average3.7%6.3%6.5%NA
Rank with in category4NANANA
Understand termsinfo

Holdings (40)

NameSectorInstrumentAssets
Reserve Bank of India
FinancialT-Bills6.5%
National Bank For Agriculture & Rural Development
FinancialCP6.5%
GOI
SovereignCGL6.2%
Reserve Bank of India
FinancialT-Bills4.5%
Reserve Bank of India
FinancialT-Bills4.5%
GOI
SovereignCGL4.5%
Reserve Bank of India
FinancialT-Bills4.3%
Export-Import Bank Of India
FinancialCD4.3%
IDFC First Bank Ltd.FinancialCD4.2%
Tata Motors Ltd.AutomobileCP4.2%
See All

Pros and cons

Category: Debt Money Market

Pros

  • Lower expense ratio - 0.33%
  • 1Y Returns are higher than the category average returns
  • Exit load is zero

Cons

  • Age is less than 3 years

Expense ratio, exit load and tax

Expense ratio: 0.33%

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 termsinfo

Minimum investment amounts

Min. for 1st investment₹1,000
Min. for 2nd investment onwards₹5,000
Min. for SIP₹1,000

Fund management

Devang Shah
Jul 2019 - Present
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Aditya Pagaria
Jul 2019 - Present
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Fund house & investment objective

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Fund house contact details

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