Axis Money Market Fund is a Money Market fund run by Axis Mutual Fund. On 30-09-2026, it managed ₹19,012 Cr of investors' money. In the 3 years to 30-10-2026, its Direct plan returned 7.4% a year and its Regular plan returned 7.2% a year. Its benchmark, NIFTY Money Market Index A-I, returned 7.1% a year over the same 3 years.
NAV (Direct plan)
₹1,572.53
▲ 0.01% · 30-10-2026
NAV (Regular plan)
₹1,554.77
▲ 0.01% · 30-10-2026
Expense ratio
0.18%Direct0.35%Regular
0.18%
A year
Riskometer
Moderate
Set by the fund house
3 year return
7.4%Direct7.2%Regular
7.4%
A year
Axis Money Market Fund NAV Today
NAV on 30-10-2026: Direct Plan Growth ₹1,572.53 (up 0.01% that day); Regular Plan Growth ₹1,554.77 (up 0.01% that day).
This fund (Direct plan)
₹1,572.5346
Axis Money Market Fund Returns vs NIFTY Money Market Index A-I
Returns as on 30-10-2026. Up to one year they are absolute returns. Longer periods are a rate per year.
Trailing returns
Period
1M
3M
6M
1Y
3Y
5Y
10Y
This fund (Direct)
+0.34%
+1.53%
+3.34%
+6.43%
+7.37%
+6.80%
--
This fund (Regular)
+0.33%
+1.48%
+3.25%
+6.25%
+7.20%
+6.63%
--
NIFTY Money Market Index A-I
+0.51%
+1.59%
+3.58%
+6.50%
+7.12%
+6.47%
--
Money Market average
+0.33%
+1.49%
+3.29%
+6.35%
+7.24%
+6.68%
--
Best in Money Market
+0.38%
+1.57%
+3.37%
+6.57%
+7.44%
+6.90%
--
Worst in Money Market
+0.30%
+1.41%
+3.11%
+6.17%
+6.73%
+6.50%
--
Rank in Money Market
6/27
2/27
5/27
5/25
2/23
3/19
--
Category rows compare the Direct plans of 27 Money Market funds. Rank 1 is the highest return. The benchmark row is as on 30-09-2026, as NSE published it.
Axis Money Market Fund Year-wise Returns
Return of each calendar year
Year
Direct
Regular
2026to date
+5.34%
+5.19%
2025
+7.61%
+7.43%
2024
+7.93%
+7.77%
2023
+7.51%
+7.33%
2022
+4.94%
+4.78%
2021
+3.90%
+3.74%
Axis Money Market Fund Rolling Returns
The return of every holding period in the fund's history, not only the one that ends today
Rolling returns
Each point is the yearly return of one 3-year holding period, plotted on the day it ended. There are 1,030 periods, one for each trading day from 08-08-2022 to 30-10-2026.
0%2%4%6%8%
Axis Money Market Fund (Direct)
Category average, 27 Money Market funds
Dec 2019 to Dec 2022Aug 2020 to Aug 2023May 2021 to May 2024Feb 2022 to Feb 2025Oct 2022 to Oct 2025Jun 2023 to Jun 2026
Axis Money Market Fund (Direct)Category average, 27 Money Market funds
0%
0%
Below 0%
1%
26%
0-5%
99%
74%
5-10%
0%
0%
10-15%
0%
0%
15-20%
0%
0%
20-25%
0%
0%
Above 25%
Every holding period at a glance
Period
Periods
Median
Lowest
Highest
With a loss
Category median
Beat category
1 year
1,517
6.8%
3.7%
8.6%
0%
6.6%
100%
2 years
1,273
6.7%
4.0%
8.1%
0%
6.5%
100%
3 years
1,030
6.4%
5.0%
7.8%
0%
6.2%
100%
5 years
549
6.3%
6.1%
6.8%
0%
6.1%
100%
7 years
55
6.4%
6.4%
6.5%
0%
6.2%
100%
Every SIP holding period at a glance
Period
Periods
Median
Lowest
Highest
With a loss
Category median
Beat category
1 year
75
6.9%
3.6%
8.7%
0%
6.8%
100%
2 years
63
7.0%
3.8%
8.3%
0%
6.8%
100%
3 years
51
7.1%
4.5%
8.1%
0%
6.9%
100%
5 years
27
7.1%
6.3%
7.2%
0%
6.9%
100%
Lumpsum: the yearly rate (CAGR) from the NAV on a period's first day to the NAV on its last. SIP: the XIRR of the monthly instalments and their value on the last day. "With a loss" counts the periods that ended below the money put in. "Beat category" counts the periods in which the fund did better than the average of the 27 Money Market funds (Direct plans, each weighted the same) over the same days. Past returns do not promise future returns.
Axis Money Market Fund Risk
How much it swings, and the falls an investor had to sit through
Risk and return
Measure
Axis Money Market Fund (Direct)This fund
Category average
Return (CAGR)
+6.43%
+6.32%
Standard deviation
0.51%
0.50%
Sharpe ratio
2.30
2.14
Sortino ratio
3.74
3.45
Maximum drawdown
−0.14%
(22-05-2026)
−0.14%
(22-05-2026)
From daily NAVs, 30-10-2025 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls.
Measure
Axis Money Market Fund (Direct)This fund
Category average
Return (CAGR)
+7.37%
+7.23%
Standard deviation
0.42%
0.41%
Sharpe ratio
3.20
2.91
Sortino ratio
6.13
5.45
Maximum drawdown
−0.14%
(22-05-2026)
−0.14%
(22-05-2026)
From daily NAVs, 30-10-2023 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls.
Measure
Axis Money Market Fund (Direct)This fund
Category average
Return (CAGR)
+6.80%
+6.64%
Standard deviation
0.40%
0.39%
Sharpe ratio
2.53
2.18
Sortino ratio
4.60
3.90
Maximum drawdown
−0.24%
(06-05-2022)
−0.23%
(06-05-2022)
From daily NAVs, 29-10-2021 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls.
Measure
Axis Money Market Fund (Direct)This fund
Category average
Return (CAGR)
+6.43%
+6.23%
Standard deviation
0.62%
0.56%
Sharpe ratio
2.12
1.97
Sortino ratio
4.25
3.84
Maximum drawdown
−1.2%
(24-03-2020)
−0.98%
(24-03-2020)
From daily NAVs, 07-08-2019 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls.
Drawdowns
How far below its previous high each one was on every day: the falls an investor had to sit through. 0% means it was at a new high.
−1.2%−1%−0.8%−0.6%−0.4%−0.2%0%
Axis Money Market Fund (Direct)
Category average, 27 Money Market funds
2020202120222023202420252026
Axis Money Market Fund (Direct)Category average, 27 Money Market funds
Worst fall
High before it
Bottom
Back at the high
Time to climb back
Below its high today
Axis Money Market Fund (Direct)
−1.2%
11-03-2020
24-03-2020
27-03-2020
3 days
0.0%
Category average
−0.98%
11-03-2020
24-03-2020
27-03-2020
3 days
0.0%
From the Direct plan's daily NAV since 07-08-2019, adjusted for unit splits, and the average of the 27 Money Market funds (Direct plans, each weighted the same) over the same days. "Time to climb back" runs from the bottom to the first day back at the old high.
Axis Money Market Fund vs Other Money Market Funds
The five Money Market funds with the best three year return, and this fund. Direct plans.
AUM is each fund's size at the end of its last reported month, from its own portfolio file. We calculate the risk ratios from daily NAVs over the last three years. The risk-free return is what NSE's overnight rate index earned over the same years. Alpha and beta compare each fund with its own benchmark's TRI. "--" means we have no figure: for alpha and beta, no daily series for that benchmark.
Axis Money Market Fund Expense Ratio and Costs
What each plan charges a year, in force from 07-09-2026
Plan
Base expense ratio
Brokerage
Transaction costs
Levies and GST
Total expense ratio
Money Market median
Cost rank (1 = cheapest)
Direct
0.15%
0.01%
0.00%
0.02%
0.18%
0.17%
18/27
Regular
0.29%
0.01%
0.00%
0.05%
0.35%
0.40%
4/27
The expense ratio comes out of the fund's assets every day, so every return on this page is already after it. Base expense ratio: the fund house's own fee. The total adds brokerage, the cost of executing trades, and statutory levies with GST. From AMFI's expense ratio file. Cost rank: where this plan comes when the Money Market funds' plans of the same type are sorted from the lowest total expense ratio to the highest.
Direct vs Regular: what the gap cost
Both plans own the same portfolio, so the difference in what they earned is the Regular plan's extra cost, taken out of its NAV.
Over the last
Regular
Direct
Direct earned more by
₹1 lakh became (Regular)
₹1 lakh became (Direct)
1 year
6.25%
6.43%
0.18%
₹1,06,250
₹1,06,430
3 years
7.20%
7.37%
0.17% a year
₹1,23,193
₹1,23,780
5 years
6.63%
6.80%
0.17% a year
₹1,37,847
₹1,38,949
Returns over more than 1 year are a rate a year (CAGR). ₹1 lakh invested once at the start of each period, valued on the last NAV.
Axis Money Market Fund SIP Calculator
What a one-time or monthly investment in this fund would be worth today, from its own NAV history
Growth of an investment
Step up each year
PeriodFor
₹10,000 on the first trading day of every month, from 07-08-2019 to 30-10-2026: 87 instalments, ₹8,70,000 in all.
Direct planAxis Money Market Fund (Direct)Regular planAxis Money Market Fund (Regular)Category averageCategory average, 27 Money Market fundsAmount invested
From each plan's published NAV (Growth option) and the category average, over the same days. Return a year: XIRR for a SIP, CAGR for a lumpsum, shown for a year or more. It does not include exit load, stamp duty or tax. Past returns do not promise future returns.
Axis Money Market Fund Asset Allocation
Asset allocation as on 30-09-2026
What the fund holds
98.9%Debt
Asset
Fund
Category
Debt
98.9%
99.5%
Cash and others
1.1%
3.0%
Credit rating
Bonds and money market papers by credit rating, % of the fund. Category: the average of 27 Money Market funds.
Rating
Fund
Category
Sovereign
9.5%
10.6%
AAA and A1+
89.4%
88.8%
Axis Money Market Fund Portfolio Holdings
As on 30-09-2026 · 127 holdings · from the fund house's monthly portfolio
Holdings
Rating
Weight%
HDFC Bank Limited (12/03/2027) · Certificate of deposit
CARE A1+
3.57%
Small Industries Dev Bank of India (18/02/2027) · Certificate of deposit
CARE A1+
3.02%
HDFC Bank Limited (15/02/2027) · Certificate of deposit
CARE A1+
2.44%
National Bank For Agriculture and Rural Development (10/03/2027) · Certificate of deposit
CRISIL A1+
2.42%
The Federal Bank Limited (17/02/2027) · Certificate of deposit
CRISIL A1+
2.31%
National Bank For Agriculture and Rural Development (28/01/2027) · Certificate of deposit
ICRA A1+
2.31%
Panatone Finvest Limited (11/01/2027) · Commercial paper
CRISIL A1+
2.19%
Punjab National Bank (05/02/2027) · Certificate of deposit
CRISIL A1+
2.06%
Small Industries Dev Bank of India (14/01/2027) · Certificate of deposit
CRISIL A1+
2.06%
HDFC Bank Limited (02/03/2027) · Certificate of deposit
CRISIL A1+
2.05%
Punjab & Sind Bank (26/02/2027) · Certificate of deposit
ICRA A1+
2.05%
Punjab & Sind Bank (12/03/2027) · Certificate of deposit
ICRA A1+
2.04%
Small Industries Dev Bank of India (28/01/2027) · Certificate of deposit
CARE A1+
1.93%
National Bank For Agriculture and Rural Development (17/02/2027) · Certificate of deposit
IND A1+
1.92%
Kotak Mahindra Bank Limited (08/01/2027)
CRISIL A1+
1.81%
IndusInd Bank Limited (22/01/2027) · Certificate of deposit
CRISIL A1+
1.80%
Bajaj Housing Finance Limited (27/01/2027) · Commercial paper
IND A1+
1.80%
AU Small Finance Bank Limited (03/03/2027) · Certificate of deposit
CARE A1+
1.53%
Kotak Mahindra Bank Limited (29/01/2027)
CRISIL A1+
1.49%
L&T Finance Limited (15/12/2026) · Commercial paper
CRISIL A1+
1.30%
Kotak Mahindra Bank Limited (04/02/2027)
CRISIL A1+
1.29%
HDFC Bank Limited (09/03/2027) · Certificate of deposit
CARE A1+
1.28%
Mindspace Business Parks REIT (05/02/2027) · Commercial paper
ICRA A1+
1.28%
ICICI Securities Limited (12/02/2027) · Commercial paper
CRISIL A1+
1.28%
ICICI Securities Limited (18/02/2027) · Commercial paper
CRISIL A1+
1.28%
National Bank For Agriculture and Rural Development (22/01/2027) · Certificate of deposit
ICRA A1+
1.26%
Infina Finance Private Limited (11/06/2027) · Commercial paper
CRISIL A1+
1.24%
182 Days Tbill (MD 24/12/2026) · Treasury bill
Sovereign
1.21%
Bank of Baroda (02/02/2027) · Certificate of deposit
CARE A1+
1.21%
ICICI Bank Limited (27/01/2027)
ICRA A1+
1.16%
Canara Bank (29/01/2027) · Certificate of deposit
CRISIL A1+
1.16%
REC Limited (08/03/2027) · Commercial paper
CRISIL A1+
1.15%
Canara Bank (04/03/2027) · Certificate of deposit
CRISIL A1+
1.15%
Punjab National Bank (28/01/2027) · Certificate of deposit
CRISIL A1+
1.13%
182 Days Tbill (MD 04/02/2027) · Treasury bill
Sovereign
1.03%
IDFC First Bank Limited (27/01/2027) · Certificate of deposit
CRISIL A1+
1.03%
IDFC First Bank Limited (04/02/2027) · Certificate of deposit
CRISIL A1+
1.03%
IIFL Finance Limited (28/12/2026) · Commercial paper
CRISIL A1+
1.03%
360 One Prime Limited (18/02/2027) · Commercial paper
ICRA A1+
1.02%
Motilal Oswal Financial Services Limited (18/02/2027) · Commercial paper
ICRA A1+
1.02%
Mahindra & Mahindra Financial Services Limited (18/02/2027) · Commercial paper
CRISIL A1+
0.95%
Punjab National Bank (04/02/2027) · Certificate of deposit
CRISIL A1+
0.90%
L&T Finance Limited (12/03/2027) · Commercial paper
CRISIL A1+
0.89%
7.43% GUJARAT State Development Loans (03/01/2027) · State government security
Sovereign
0.82%
182 Days Tbill (MD 21/01/2027) · Treasury bill
Sovereign
0.78%
IDBI Bank Limited (11/03/2027) · Certificate of deposit
CRISIL A1+
0.77%
Bank of Baroda (27/01/2027) · Certificate of deposit
CARE A1+
0.77%
Bank of Baroda (05/03/2027) · Certificate of deposit
CARE A1+
0.77%
Godrej Housing Finance Limited (18/02/2027) · Commercial paper
CRISIL A1+
0.77%
Godrej Finance Limited (18/02/2027) · Commercial paper
CRISIL A1+
0.77%
IDFC First Bank Limited (15/01/2027) · Certificate of deposit
CRISIL A1+
0.77%
Birla Group Holdings Private Limited (21/01/2027) · Commercial paper
CRISIL A1+
0.77%
Punjab National Bank (10/02/2027) · Certificate of deposit
CARE A1+
0.77%
Piramal Finance Limited (22/02/2027) · Commercial paper
CRISIL A1+
0.77%
7.62% Uttar Pradesh State Development Loans (15/02/2027) · State government security
Sovereign
0.74%
Bank of Baroda (08/03/2027) · Certificate of deposit
IND A1+
0.64%
ICICI Bank Limited (19/03/2027)
ICRA A1+
0.64%
National Bank For Agriculture and Rural Development (27/01/2027) · Certificate of deposit
CRISIL A1+
0.64%
Motilal Oswal Financial Services Limited (28/01/2027) · Commercial paper
CRISIL A1+
0.64%
Export Import Bank of India (29/01/2027) · Certificate of deposit
CRISIL A1+
0.64%
Infina Finance Private Limited (05/03/2027) · Commercial paper
CRISIL A1+
0.64%
6.72% Kerala State Development Loans (24/03/2027) · State government security
Sovereign
0.61%
364 Days Tbill (MD 28/01/2027) · Treasury bill
Sovereign
0.59%
6.58% Gujarat State Development Loans (31/03/2027) · State government security
Sovereign
0.53%
Bajaj Housing Finance Limited (01/01/2027) · Commercial paper
IND A1+
0.52%
Phoenix Arc Limited (18/02/2027) · Commercial paper
CRISIL A1+
0.51%
Piramal Finance Limited (29/01/2027) · Commercial paper
CRISIL A1+
0.51%
360 One Prime Limited (18/01/2027) · Commercial paper
CRISIL A1+
0.51%
National Bank For Agriculture and Rural Development (02/03/2027) · Certificate of deposit
CRISIL A1+
0.51%
DSP Finance Private Limited (19/03/2027) · Commercial paper
ICRA A1+
0.51%
Nuvama Clearing Services Ltd (18/03/2027) · Commercial paper
CRISIL A1+
0.51%
Muthoot Fincorp Ltd (12/03/2027) · Commercial paper
CRISIL A1+
0.51%
Small Industries Dev Bank of India (26/02/2027) · Certificate of deposit
CARE A1+
0.51%
7.51% Maharashtra State Development Loans (24/05/2027) · State government security
Sovereign
0.48%
7.59% Haryana State Development Loans (15/02/2027) · State government security
Sovereign
0.45%
Godrej Industries Limited (25/01/2027) · Commercial paper
CRISIL A1+
0.39%
Godrej Industries Limited (27/01/2027) · Commercial paper
CRISIL A1+
0.39%
Godrej Industries Limited (28/01/2027) · Commercial paper
CRISIL A1+
0.39%
Godrej Industries Limited (29/01/2027) · Commercial paper
CRISIL A1+
0.39%
Canara Bank (18/12/2026) · Certificate of deposit
CRISIL A1+
0.39%
Bank of India (18/02/2027) · Certificate of deposit
CRISIL A1+
0.38%
Punjab National Bank (04/03/2027) · Certificate of deposit
CARE A1+
0.38%
Punjab National Bank (18/03/2027) · Certificate of deposit
CRISIL A1+
0.38%
Infina Finance Private Limited (25/03/2027) · Commercial paper
CRISIL A1+
0.38%
7.73% Rajasthan State Development Loans (01/03/2027) · State government security
Sovereign
0.34%
SBI - Corporate Debt Market Development Fund (CDMDF) - Class A2
0.32%
7.77% Kerala State Development Loans (01/03/2027) · State government security
Sovereign
0.31%
7.51% Rajasthan State Development Loans (24/05/2027) · State government security
Sovereign
0.27%
Bank of Baroda (23/12/2026) · Certificate of deposit
CRISIL A1+
0.26%
HDFC Bank Limited (05/03/2027) · Certificate of deposit
CRISIL A1+
0.26%
ICICI Bank Limited (12/02/2027)
CRISIL A1+
0.26%
ICICI Bank Limited (08/03/2027)
ICRA A1+
0.26%
Birla Group Holdings Private Limited (02/02/2027) · Commercial paper
CRISIL A1+
0.26%
Punjab National Bank (09/02/2027) · Certificate of deposit
CRISIL A1+
0.26%
The Federal Bank Limited (18/02/2027) · Certificate of deposit
CRISIL A1+
0.26%
Kotak Mahindra Bank Limited (12/02/2027)
CRISIL A1+
0.26%
Canara Bank (26/02/2027) · Certificate of deposit
CRISIL A1+
0.26%
Union Bank of India (16/03/2027) · Certificate of deposit
ICRA A1+
0.26%
Mahindra & Mahindra Financial Services Limited (25/02/2027) · Commercial paper
CRISIL A1+
0.26%
National Bank For Agriculture and Rural Development (17/03/2027) · Certificate of deposit
CRISIL A1+
0.25%
6.54% Maharashtra State Development Loans (09/02/2027) · State government security
Sovereign
0.23%
7.71% Gujarat State Development Loans (01/03/2027) · State government security
Sovereign
0.21%
Canara Bank (02/02/2027) · Certificate of deposit
CRISIL A1+
0.18%
7.39% Tamil Nadu State Development Loans (09/11/2026) · State government security
Sovereign
0.16%
Bank of Baroda (04/02/2027) · Certificate of deposit
CARE A1+
0.15%
Bank of Baroda (12/02/2027) · Certificate of deposit
CARE A1+
0.14%
364 Days Tbill (MD 15/10/2026) · Treasury bill
Sovereign
0.13%
364 Days Tbill (MD 23/10/2026) · Treasury bill
Sovereign
0.13%
7.8% Jharkhand State Development Loans (01/03/2027) · State government security
Sovereign
0.13%
Bank of Baroda (05/02/2027) · Certificate of deposit
CARE A1+
0.13%
IndusInd Bank Limited (09/03/2027) · Certificate of deposit
CRISIL A1+
0.13%
Birla Group Holdings Private Limited (08/01/2027) · Commercial paper
CRISIL A1+
0.13%
Canara Bank (28/01/2027) · Certificate of deposit
CRISIL A1+
0.13%
Small Industries Dev Bank of India (16/12/2026) · Certificate of deposit
CARE A1+
0.13%
ICICI Securities Limited (05/03/2027) · Commercial paper
CRISIL A1+
0.13%
Kotak Mahindra Prime Limited (05/03/2027) · Commercial paper
CRISIL A1+
0.13%
7.61% Tamil Nadu State Development Loans (15/02/2027) · State government security
Sovereign
0.11%
Tata Teleservices Limited (12/02/2027) · Commercial paper
CRISIL A1+
0.10%
Mahindra & Mahindra Financial Services Limited (14/12/2026) · Commercial paper
CRISIL A1+
0.08%
7.35% Andhra Pradesh State Development Loans Uday (18/10/2026) · State government security
Sovereign
0.05%
6.75% Gujarat State Development Loans (05/02/2027) · State government security
Sovereign
0.05%
7.74% Tamilnadu UDAY BOND (22/02/2027) · State government security
Sovereign
0.05%
Punjab National Bank (15/12/2026) · Certificate of deposit
CRISIL A1+
0.05%
7.75% Tamil Nadu UDAY BOND (22/02/2027) · State government security
Sovereign
0.03%
7.9% Tamilnadu UDAY BOND (22/03/2027) · State government security
Sovereign
0.03%
Sundaram Finance Limited (12/02/2027) · Commercial paper
CRISIL A1+
0.03%
364 Days Tbill (MD 06/11/2026) · Treasury bill
Sovereign
0.02%
Axis Money Market Fund Portfolio Overlap
Funds with the most similar portfolios, across every fund house and category
Overlap: for each holding both funds own, the smaller of its two weights, added up. 40% means 40% of each fund's money sits in positions the other also holds. From each fund's latest monthly portfolio, matched by ISIN. Cash and hedged positions are left out. Funds that overlap under 10% are not listed. A high overlap does not make two funds the same: their costs, lock-in and category can differ.
Axis Money Market Fund Overview
Fund facts from the scheme summary document, as on 16-10-2026
Expense ratio (Direct)
0.18%
Expense ratio (Regular)
0.35%
Category
Money Market
Risk
Moderate
Benchmark
NIFTY Money Market Index A-I
Launch date
06-08-2019
Minimum investment
₹100
Minimum additional investment
₹100
AUM
₹19,012.30 Cr (30-09-2026)
Lock in
None
Scheme code (Direct)
147567
ISIN (Direct)
INF846K01Q62
Scheme code (Regular)
147568
ISIN (Regular)
INF846K01R46
NAV history
From 07-08-2019, 7.2 years
Exit load
Nil
Tax on Axis Money Market Fund returns
Axis Money Market Fund is taxed as a debt fund: 65% or more of it is in bonds and money market papers.
For units bought on or after 01-04-2023, the gain is added to your income and taxed at your slab rate, however long you hold the units.
IDCW (dividend) payouts are added to your income and taxed at your slab rate.
A stamp duty of 0.005% is deducted when you invest.
Rules in force from 23-07-2024 (Finance Act 2024). Tax depends on your own income; this is general information, not tax advice.
All plans and options
Plan
Option
NAV
As on
direct
Growth
₹1,572.5346
30-10-2026
direct
Annual IDCW
₹1,331.9255
30-10-2026
direct
Daily IDCW
₹1,005.6131
30-10-2026
direct
Monthly IDCW
₹1,009.5294
30-10-2026
direct
Quarterly IDCW
₹1,208.9836
30-10-2026
regular
Growth
₹1,554.7725
30-10-2026
regular
Annual IDCW
₹1,315.2395
30-10-2026
regular
Daily IDCW
₹1,005.6127
30-10-2026
regular
Monthly IDCW
₹1,006.2642
30-10-2026
regular
Quarterly IDCW
₹1,192.3407
30-10-2026
About Axis Money Market Fund
Axis Money Market Fund is a mutual fund from Axis Mutual Fund. Its category is Money Market. It was launched on 06-08-2019. Its benchmark is NIFTY Money Market Index A-I. At the end of September 2026 it held 127 securities.
Fund Manager
Devang Shah
Fund manager of Axis Money Market Fund, since 06-08-2019
Aditya Pagaria
Fund manager of Axis Money Market Fund, since 06-08-2019
Sachin Jain
Fund manager of Axis Money Market Fund, since 09-11-2021
Frequently Asked Questions for Axis Money Market Fund
What is the current NAV of Axis Money Market Fund?
The Direct plan NAV is ₹1,572.5346. The Regular plan NAV is ₹1,554.7725, as on 30-10-2026.
What are the returns of Axis Money Market Fund?
The Direct plan returned +6.43% in 1 year, +7.37% a year over 3 years, +6.80% a year over 5 years. The Regular plan returned +6.25% in 1 year, +7.20% a year over 3 years, +6.63% a year over 5 years. These figures are as on 30-10-2026.
What is the expense ratio of Axis Money Market Fund?
The Direct plan charges 0.18% a year. The Regular plan charges 0.35% a year. This is the figure the fund house reported to AMFI, in force from 07-09-2026.
What is the AUM of Axis Money Market Fund?
Axis Money Market Fund managed ₹19,012.30 Cr on 30-09-2026, as its fund house reported in its monthly portfolio.
What are the top holdings of Axis Money Market Fund?
At the end of September 2026 the largest holdings were HDFC Bank Limited (12/03/2027) (3.57%), Small Industries Dev Bank of India (18/02/2027) (3.02%), HDFC Bank Limited (15/02/2027) (2.44%), National Bank For Agriculture and Rural Development (10/03/2027) (2.42%), The Federal Bank Limited (17/02/2027) (2.31%). The fund held 127 securities in all.
How do I invest in Axis Money Market Fund?
Through Axis Mutual Fund's website or app, a mutual fund distributor, or an investment platform. Choose the Direct plan to pay no distributor commission, or the Regular plan to invest through a distributor. The first investment is at least ₹100. You can invest once or through a monthly SIP.
Who is the fund manager of Axis Money Market Fund?
Sources: NAV and expense ratio from AMFI. Holdings from the fund house's monthly portfolio statement. Fund facts from its scheme summary document, as on 16-10-2026.
This page is information, not investment advice. Mutual fund investments are subject to market risks; read all scheme related documents carefully. Past returns do not promise future returns. Figures come from AMFI, NSE, BSE and each fund house's own documents.
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