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NAV as on Jun 12, 2026
Benchmark
NIFTY Money Market Index A-I
Expense Ratio
0.17%
Fund Category
Debt - Money Market
Fund Size
Rs 18,185 Crores
Exit Load
0.00%
Min. Investment
Rs 100
Nav Chart
Source: Dion Global
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
Return Since Launch
6.42%
Launch Date
Jul 26, 2019
Type
Open Ended
Riskometer
Moderate
Source: Dion Global
Ratio Analysis
Standard Deviation
0.37
Category Avg
Beta
1.37
Category Avg
Source: Dion Global
Performance Analysis
1W | 1M | 3M | 6M | 1Y | 3Y | 5Y | 10Y | SI | |
|---|---|---|---|---|---|---|---|---|---|
| Fund Returns (%) | 0.23 | 0.52 | 1.58 | 2.97 | 6.17 | 7.39 | 6.55 | NA | 6.42 |
| Category Average (%) | 0.21 | 0.49 | 1.46 | 2.65 | 5.22 | 6.00 | 4.43 | NA | 6.37 |
| Rank within Category | 28 | 19 | 16 | 10 | 12 | 3 | 5 | NA | 48 |
Source: Dion Global
* Returns over 1 year are CAGR
Peer Comparision
Scheme Name(Growth Direct) | NAV (Rs) | AUM (Rs Cr) | 1W(%) | 1M(%) | 3M(%) | 6M(%) | 1Y(%) | 3Y(%) | 5Y(%) | 10Y(%) | SI(%) | ER(%) |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 47.09 | 34,349 | 0.22 | 0.48 | 1.46 | 2.83 | 5.97 | 7.26 | 6.44 | 6.84 | 12.22 | 0.26 | |
| 5,106.50 | 33,030 | 0.23 | 0.52 | 1.60 | 3.02 | 6.24 | 7.48 | 6.65 | 6.04 | 12.89 | 0.18 | |
| 4,806.39 | 31,606 | 0.23 | 0.51 | 1.57 | 2.97 | 6.11 | 7.32 | 6.49 | 6.64 | 12.38 | 0.16 | |
| 407.14 | 30,335 | 0.22 | 0.49 | 1.51 | 2.90 | 6.06 | 7.32 | 6.47 | 6.69 | 11.00 | 0.21 | |
| 6,181.81 | 28,705 | 0.22 | 0.51 | 1.56 | 2.96 | 6.11 | 7.34 | 6.51 | 6.76 | 14.50 | 0.22 | |
| 397.29 | 27,550 | 0.23 | 0.49 | 1.56 | 2.90 | 6.08 | 7.35 | 6.54 | 6.83 | 10.80 | 0.22 | |
| 4,457.67 | 21,263 | 0.23 | 0.51 | 1.55 | 2.92 | 6.09 | 7.36 | 6.56 | 6.75 | 11.75 | 0.22 | |
| 3,308.57 | 18,611 | 0.22 | 0.50 | 1.53 | 2.90 | 6.08 | 7.34 | 6.52 | 6.72 | 9.30 | 0.16 | |
| 1,532.14 | 18,185 | 0.23 | 0.52 | 1.58 | 2.97 | 6.17 | 7.39 | 6.55 | NA | 6.42 | 0.17 | |
| 46.32 | 14,977 | 0.23 | 0.52 | 1.59 | 3.01 | 6.21 | 7.35 | 6.45 | 6.55 | 12.07 | 0.10 |
Source: Dion Global
Jun 12, 2026
Return Calculator
Over the past
Invested
₹5000
- Invested Amount
- Estimated Return
Total investment of ₹5000
Would have become ₹5,309 (+6.17%)
Fund Manager
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.
View MoreHere is the list of funds managed by Devang Shah
Scheme Name(Growth Direct) | Category | NAV(Rs) | AUM(Rs Cr) | 1Y(%) | 5Y(%) |
|---|---|---|---|---|---|
| Debt - Liquid | 3,109.18 | 56,168 | 6.33 | 6.22 | |
| Debt - Money Market | 1,532.14 | 18,185 | 6.17 | 6.55 | |
| Hybrid - Arbitrage | 21.54 | 9,781 | 6.40 | 6.68 | |
| Debt - Short Duration | 35.75 | 8,734 | 5.86 | 6.74 | |
| Debt - Corporate Bond | 19.11 | 8,359 | 5.48 | 6.74 | |
| Debt - Low Duration | 3,441.96 | 5,803 | 6.24 | 6.54 | |
| Hybrid - Dynamic Asset Allocation/Balanced Advantage | 23.65 | 3,750 | 1.98 | 11.12 | |
| Hybrid - Multi Asset Allocation | 50.94 | 2,293 | 11.00 | 10.81 | |
| Others - Fund of Funds | 15.50 | 2,109 | 5.65 | 6.65 | |
| Debt - Medium Duration | 32.77 | 2,067 | 6.44 | 7.32 |
Source: Dion Global
Jun 12, 2026
Top Performing Related Funds
Scheme Name(Growth Direct) | NAV (Rs) | AUM (Rs Cr) | 1W(%) | 1M(%) | 3M(%) | 6M(%) | 1Y(%) | 3Y(%) | 5Y(%) | 10Y(%) | SI(%) | ER(%) |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 3,109.18 | 56,168 | 0.14 | 0.58 | 1.80 | 3.31 | 6.33 | 7.03 | 6.22 | 6.18 | 8.80 | 0.11 | |
| 135.68 | 32,852 | 0.17 | 1.81 | 7.04 | 2.64 | 4.55 | 18.12 | 15.33 | 18.04 | 21.40 | 0.57 | |
| 105.21 | 31,023 | 1.35 | 1.81 | 3.18 | -4.80 | -2.19 | 10.76 | 7.81 | 12.55 | 19.12 | 0.87 | |
| 66.61 | 30,005 | 1.59 | 2.15 | 1.15 | -6.80 | -3.03 | 9.92 | 7.67 | 12.72 | 15.14 | 0.75 | |
| 125.19 | 27,840 | 0.55 | 1.40 | 9.79 | 2.97 | 2.75 | 16.48 | 17.60 | 19.61 | 22.36 | 0.61 | |
| 1,532.14 | 18,185 | 0.23 | 0.52 | 1.58 | 2.97 | 6.17 | 7.39 | 6.55 | NA | 6.42 | 0.17 |
Source: Dion Global
Jun 12, 2026
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