Axis Money Market Fund Regular Dividend Quarterly+0.01%

6.59%
1 Year Return
Debt
Money Market
6M
1Y
All

Fund Details

Axis Money Market Fund Regular Dividend Quarterly

RiskModerately Low
Min SIP Amount₹1000
Expense Ratio0.31%
NAV1039.14 (29 Oct 2020)
Fund Started05 Aug 2019
Fund Size1,178 Cr

Returns

1Y
3Y*
5Y*
Since inception*
Axis Money Market Fund Regular Dividend Quarterly
6.6%
NA
NA
7.0%
Category Average
5.9%
7.0%
7.2%
-
Rank within category
4
NA
NA
-
*All returns are annualized.
SIP
Lumpsum
I want to invest per month5,000
    Estimated Value
    as per Historical Returns
    0
    with 6.6% annual returns

    Comparison

    Data not available
    Pros
    Found nothing so far.
    Cons
    Found nothing so far.

    Top Holdings

    NameSectorInstrument% Assets
    Reserve Bank of IndiaFinancialT-Bills10.4%
    Reliance Jio Infocomm Ltd.CommunicationCP5.0%
    Aditya Birla Fashion and Retail Ltd.ServicesCP4.2%
    Tata Teleservices (Maharashtra) Ltd.CommunicationCP4.2%
    Britannia Industries Ltd.FMCGCP4.2%
    Reserve Bank of IndiaFinancialT-Bills4.2%
    Daimler Financial Services India Pvt. Ltd.FinancialCP4.2%
    Reserve Bank of IndiaFinancialT-Bills4.2%
    Tata Capital Housing Finance Ltd.FinancialCP4.2%
    Adani Ports and Special Economic Zone Ltd.ServicesCP4.2%
    See All

    Fund Managers

    addDevang Shah
    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.
    Funds Managed
    addAditya Pagaria
    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.
    Funds Managed

    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 ₹1,178 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.

    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.

    Scheme Information Document(SID)

    ₹5000
    Min for First Investment
    ₹1000
    Min for Second Investment
    Nil
    Exit Load

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    About Axis Mutual Fund

    Address
    Axis House, 1st Floor, C-2, Wadia International Centre, Pandurang Budhkar Marg, Worli, Mumbai 400025
    Phone
    022-43255161
    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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