|Min SIP Amount||₹1000|
|NAV||₹1036.88 (16 Apr 2021)|
|Fund Started||05 Aug 2019|
|Fund Size||₹2,162 Cr|
|Jamnagar Utilities and Power Pvt. Ltd.||Engineering||CP||4.6%|
|Reliance Industries Ltd.||Energy||CP||4.6%|
|National Bank For Agriculture & Rural Development||Financial||CP||4.6%|
|Tata Teleservices (Maharashtra) Ltd.||Communication||CP||3.7%|
|L&T Infrastructure Finance Co. Ltd.||Financial||CP||3.5%|
|Reserve Bank of India||Financial||T-Bills||3.5%|
|Indusind Bank Ltd.||Financial||CD||3.4%|
|RBL Bank Ltd.||Financial||CD||3.4%|
|Bharti Hexacom Ltd.||Communication||CP||3.4%|
|Barclays Investments & Loans Ltd.||Financial||CP||3.2%|
Axis Money Market Fund Regular IDCW 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 IDCW Quarterly fund.The fund currently has an Asset Under Management(AUM) of ₹2,162 Cr and the Latest NAV as of 16 Apr 2021 is ₹1036.88.
The Axis Money Market Fund Regular IDCW Quarterly is rated Moderate 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.