| Risk | Moderately Low |
|---|---|
| Min SIP Amount | ₹1000 |
| Expense Ratio | 0.31% |
| NAV | ₹1039.14 (29 Oct 2020) |
|---|---|
| Fund Started | 05 Aug 2019 |
| Fund Size | ₹1,178 Cr |
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| Reserve Bank of India | Financial | T-Bills | 10.4% |
| Reliance Jio Infocomm Ltd. | Communication | CP | 5.0% |
| Aditya Birla Fashion and Retail Ltd. | Services | CP | 4.2% |
| Tata Teleservices (Maharashtra) Ltd. | Communication | CP | 4.2% |
| Britannia Industries Ltd. | FMCG | CP | 4.2% |
| Reserve Bank of India | Financial | T-Bills | 4.2% |
| Daimler Financial Services India Pvt. Ltd. | Financial | CP | 4.2% |
| Reserve Bank of India | Financial | T-Bills | 4.2% |
| Tata Capital Housing Finance Ltd. | Financial | CP | 4.2% |
| Adani Ports and Special Economic Zone Ltd. | Services | CP | 4.2% |
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 ₹1,178 Cr and the Latest NAV as of 29 Oct 2020 is ₹1039.14.
The Axis Money Market Fund Regular Dividend Quarterly is rated Moderately Low risk. Minimum SIP Investment is set to 1000. Minimum Lumpsum Investment is 5000.
The scheme seeks to generate regular income through investment in a portfolio comprising of money market instruments.
Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.