Axis Money Market Fund
Debt
●
Money Market
Fund Details
- Expense Ratio: A charge to the mutual fund for handling your investments. It's a percentage of the fund's assets used for various expenses like administration and management.
- Exit Load : A fee paid to a mutual fund for leaving the investment early before a set period
- Lock In : Withdrawals are not allowed for this period
Current NAV
₹1502.26
Expense Ratio
0.34%
Min SIP
₹100
Fund Size
₹20349Cr
Min Investment
₹100
Lock In
NA
Scheme Information Document
Exit load: Nil
Fund Performance
- Alpha: Excess returns relative to market benchmark,
- Beta : Volatility of the scheme relative to its market benchmark
- Sharpe Ratio : Risk-adjusted returns
- Risk : Volatility of the fund
Alpha
0.06%
Beta
0.14
Sharpe Ratio
0.479124
Risk
7.31%
Above numbers are based upon past 3 years
Returns Calculator
Would have become
₹1,49,748.59
(6.87)%
| Name | Holding(%) |
| Name | Sector(%) |
| Name | Assets(%) |
- Tata Money Market Fund
- Bajaj Finserv Money Market Fund
- Bank of India Money Market Fund
- Nippon India Money Market Fund
- Bandhan Money Market Fund
- Groww Money Market Fund
- Shriram Money Market Fund
- Invesco India Money Market Fund
- PGIM India Money Market Fund
- DSP Savings Fund
- UTI Money Market Fund
- Baroda BNP Paribas Money Market Fund
- Mirae Asset Money Market Fund
- Edelweiss Money Market Fund
- Axis Money Market Fund
- Aditya Birla Sun Life Money Manager Fund
- ICICI Prudential Money Market Fund
- Franklin India Money Market Fund
- HDFC Money Market Fund
- TRUSTMF Money Market Fund
- HSBC Money Market Fund
- Union Money Market Fund
- Sundaram Money Market Fund
- SBI Savings Fund
- LIC MF Money Market Fund
- Kotak Money Market Fund
Devang Shah
Axis Mutual FundTotal assets under management
₹327.28L Crores
Date of incorporation
13 Jan 2009
Axis Money Market Fund FAQs
Ans.
- Open the Rupeezy app.
- If you're on the Stocks or F&O screen, switch to the Mutual Funds section.
- Tap on Explore to browse available mutual fund schemes.
- Select the Axis Money Market Fund (or any fund you want to invest in).
- Choose your investment mode: Lumpsum or SIP.
- Enter the investment amount.
- Complete the payment using UPI, Net Banking, or other available options.
Ans. The Axis Money Market Fund has an AUM of ₹20349.47 Cr as on 4/8/2026. The scheme has delivered CAGR returns for the past 3 years against a category average of 7.04%. The risk is Low to Moderate against the category average of 22.63.
Ans. Mutual fund taxation depends on the scheme type and investment holding period.
Taxation on debt funds: Debt funds are those schemes that invest at least 65% of their corpus in SEBI-regulated debt instruments.
For investments made after April 1, 2023, capital gains from debt funds are added to individual’s income and taxed at the relevant slab rate, irrespective of holding period.
Ans. There is no lock-in period applicable on Axis Money Market Fund.
Ans. The expense ratio of Axis Money Market Fund is 0.34%.