Axis Money Market Fund - Direct Plan - Growth

Debt

Money Market

Moderate Risk

Rs 1,507.77

0.03

NAV as on Mar 6, 2026

Growth Direct

Growth Regular

Benchmark

NIFTY Money Market Index A-I

Expense Ratio

0.17%

Fund Category

Debt - Money Market

Fund Size

Rs 23,610 Crores

Exit Load

0.00%

Min. Investment

Rs 100

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Axis Money Market Fund - Direct Plan - Growth Fund Details

Investment Objective - To generate regular income through investment in a portfolio comprising of money market instruments.

Fund House

Axis Mutual Fund

Return Since Launch

6.44%

Launch Date

Jul 26, 2019

Type

Open Ended

Riskometer

Moderate

Ratio Analysis

Standard Deviation

0.37

Category Avg

Beta

1.37

Category Avg

Performance Analysis

	1W	1M	3M	6M	1Y	3Y	5Y	10Y	SI
Fund Returns (%)	0.05	0.48	1.41	3.00	7.34	7.63	6.45	NA	6.44
Category Average (%)	0.06	0.45	1.24	2.58	6.22	6.19	4.35	NA	6.41
Rank within Category	145	26	15	7	7	5	7	NA	48

* Returns over 1 year are CAGR

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Peer Comparision

Scheme Name(Growth Direct)	NAV (Rs)	AUM (Rs Cr)	1W(%)	1M(%)	3M(%)	6M(%)	1Y(%)	3Y(%)	5Y(%)	10Y(%)	SI(%)	ER(%)
Tata Money Market Fund	5,023.52	37,939	0.06	0.50	1.41	3.01	7.38	7.71	6.57	6.10	13.02	0.16
SBI Savings Fund	46.38	36,685	0.05	0.45	1.36	2.93	7.21	7.52	6.36	6.97	12.35	0.25
ICICI Prudential Money Market Fund	400.93	35,751	0.06	0.48	1.42	2.98	7.31	7.58	6.39	6.77	11.11	0.21
Kotak Money Market Fund	4,730.02	33,721	0.07	0.50	1.40	2.97	7.25	7.55	6.38	6.72	12.51	0.16
HDFC Money Market Fund	6,084.30	33,210	0.07	0.48	1.42	2.97	7.29	7.57	6.42	6.83	14.68	0.23
Aditya Birla Sun Life Money Manager Fund	391.01	29,010	0.07	0.50	1.33	2.92	7.18	7.59	6.45	6.91	10.90	0.22
Axis Money Market Fund	1,507.77	23,610	0.05	0.48	1.41	3.00	7.34	7.63	6.45	NA	6.44	0.17
Nippon India Money Market Fund	4,387.64	22,624	0.06	0.48	1.37	2.94	7.30	7.59	6.46	6.82	11.87	0.22
UTI Money Market Fund	3,257.19	20,497	0.07	0.48	1.38	2.96	7.28	7.57	6.42	6.80	9.37	0.13
Bandhan Money Market Fund	45.57	15,955	0.05	0.47	1.44	3.02	7.34	7.58	6.33	6.65	12.20	0.10

View All

Mar 6, 2026

Return Calculator

₹ One-Time

Over the past

Invested

₹5000

Invested Amount
Estimated Return

Total investment of ₹5000

Would have become ₹5,367 (+7.34%)

Fund Manager

Devang Shah

Aditya Pagaria

Sachin Jain

Mr. Devang holds B.Com, A.C.A. He has over 10 years of experience as Fund Manager. Prior to joining Axis Mutual Fund, he has worked with ICICI Prudential Asset Management Company Limited (April 2008 - October 2012) as Fund Manager, Deutsche Asset Management (India) Pvt. Ltd. (2006-2008) as Analayst, Pricewaterhouse Coopers (2004-2006)as Assistant Manager.

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Here is the list of funds managed by Devang Shah

Scheme Name(Growth Direct)	Category	NAV(Rs)	AUM(Rs Cr)	1Y(%)	5Y(%)
Axis Liquid Fund	Debt - Liquid	3,052.61	48,416	6.44	6.01
Axis Money Market Fund	Debt - Money Market	1,507.77	23,610	7.34	6.45
Axis Short Duration Fund	Debt - Short Duration	35.21	11,652	8.20	6.84
Axis Arbitrage Fund	Hybrid - Arbitrage	21.22	8,739	7.02	6.65
Axis Corporate Bond Fund	Debt - Corporate Bond	18.82	8,614	8.07	6.90
Axis Treasury Advantage Fund	Debt - Low Duration	3,387.89	7,704	7.56	6.50
Axis Balanced Advantage Fund	Hybrid - Dynamic Asset Allocation/Balanced Advantage	23.62	3,773	8.75	11.85
Axis Strategic Bond Fund	Debt - Medium Duration	32.25	2,078	8.68	7.57
Axis Multi Asset Allocation Fund	Hybrid - Multi Asset Allocation	51.81	2,051	22.31	12.73
Axis Income Plus Arbitrage Active FOF	Others - Fund of Funds	15.27	2,011	8.24	6.86

View All

Mar 6, 2026

Top Performing Related Funds

Scheme Name(Growth Direct)	NAV (Rs)	AUM (Rs Cr)	1W(%)	1M(%)	3M(%)	6M(%)	1Y(%)	3Y(%)	5Y(%)	10Y(%)	SI(%)	ER(%)
Axis Liquid Fund	3,052.61	48,416	0.09	0.46	1.48	2.97	6.44	7.05	6.01	6.22	8.83	0.11
Axis ELSS Tax Saver Fund	105.40	32,930	-3.24	-3.45	-5.17	-3.08	8.34	15.08	9.02	13.55	19.56	0.81
Axis Large Cap Fund	68.08	32,420	-2.84	-3.66	-5.33	-2.20	8.27	12.72	9.33	14.02	15.66	0.72
Axis Midcap Fund	129.87	30,895	-2.51	-0.91	-2.02	-1.11	15.12	20.12	16.35	18.80	21.47	0.57
Axis Small Cap Fund	115.24	25,517	-2.77	-2.31	-5.15	-5.76	8.56	17.53	19.60	19.71	22.07	0.59
Axis Money Market Fund	1,507.77	23,610	0.05	0.48	1.41	3.00	7.34	7.63	6.45	NA	6.44	0.17