Fund Details
Axis Money Market Fund Regular Growth
| Risk | Moderate |
|---|---|
| Min SIP Amount | ₹1000 |
| Expense Ratio | 0.31% |
| NAV | ₹1096.16 (27 Jan 2021) |
|---|---|
| Fund Started | 05 Aug 2019 |
| Fund Size | ₹1,659 Cr |
Returns
Comparison
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Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| Reserve Bank of India | Financial | T-Bills | 7.5% |
| Dalmia Cement (Bharat) Ltd | Construction | CP | 6.0% |
| National Bank For Agriculture & Rural Development | Financial | CP | 4.5% |
| L&T Infrastructure Finance Co. Ltd. | Financial | CP | 4.5% |
| Barclays Investments & Loans Ltd. | Financial | CP | 4.2% |
| Power Finance Corpn. Ltd. | Financial | CP | 4.1% |
| Reliance Retail Ventures Ltd. | Services | CP | 3.0% |
| Tata Capital Housing Finance Ltd. | Financial | CP | 3.0% |
| Adani Ports and Special Economic Zone Ltd. | Services | CP | 3.0% |
| RBL Bank Ltd. | Financial | CD | 3.0% |
Fund Managers
Axis Money Market Fund Regular Growth Details
Axis Money Market Fund Regular Growth 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 Growth fund.The fund currently has an Asset Under Management(AUM) of ₹1,659 Cr and the Latest NAV as of 27 Jan 2021 is ₹1096.16.
The Axis Money Market Fund Regular Growth 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.
