Axis Money Market Fund Direct Growth

Fund Overview

Fund Size

₹17,113 Cr

Expense Ratio

0.16%

ISIN

INF846K01Q62

Minimum SIP

₹1,000

Exit Load

No Charges

Inception Date

06 Aug 2019

About this fund

Axis Money Market Fund Direct Growth is a Money Market mutual fund schemes offered by Axis Mutual Fund. This fund has been in existence for 5 years, 4 months and 16 days, having been launched on 06-Aug-19.
As of 20-Dec-24, it has a Net Asset Value (NAV) of ₹1384.07, Assets Under Management (AUM) of 17113.47 Crores, and an expense ratio of 0.16%.

Axis Money Market Fund Direct Growth has given a CAGR return of 6.23% since inception.
The fund's asset allocation comprises around 0.00% in equities, 9.49% in debts, and 90.35% in cash & cash equivalents.
You can start investing in Axis Money Market Fund Direct Growth with a SIP of ₹1000 or a Lumpsum investment of ₹5000.

Performance against Category Average

In this section, we compare the returns of the scheme with the category average over various periods. Periods for which the fund has outperformed its category average are marked in green, otherwise red.

1 Year

+7.91%

+6.80% (Cat Avg.)

3 Years

+6.75%

+6.06% (Cat Avg.)

5 Years

+6.11%

+5.46% (Cat Avg.)

Since Inception

+6.23%

— (Cat Avg.)

Portfolio Summaryas of 15th December 2024

Debt	₹1,623.67 Cr	9.49%
Others	₹15,489.8 Cr	90.51%

Top Holdings

All Holdings

Equity

Debt & Others

Name	Type	Amount	Holdings
Export-Import Bank Of India	Cash - Commercial Paper	₹676.61 Cr	3.95%
HDFC Bank Limited	Cash - CD/Time Deposit	₹614.49 Cr	3.59%
Net Receivables / (Payables)	Cash - Collateral	₹-608.32 Cr	3.55%
Small Industries Development Bank Of India	Cash - CD/Time Deposit	₹494.39 Cr	2.89%
Bank Of Baroda	Cash - CD/Time Deposit	₹338.99 Cr	1.98%
HDFC Bank Ltd.	Bond - Corporate Bond	₹331.14 Cr	1.93%
Indusind Bank Limited	Cash - CD/Time Deposit	₹326.14 Cr	1.91%
The Federal Bank Limited	Cash - CD/Time Deposit	₹325.79 Cr	1.90%
Small Industries Development Bank Of India	Cash - Commercial Paper	₹312.57 Cr	1.83%
182 DTB 18102024	Bond - Gov't/Treasury	₹295.83 Cr	1.73%
National Bank For Agriculture And Rural Development	Cash - CD/Time Deposit	₹295.77 Cr	1.73%
Bharti Telecom Limited	Cash - Commercial Paper	₹282.39 Cr	1.65%
HDFC Bank Limited	Cash - CD/Time Deposit	₹281.05 Cr	1.64%
ICICI Bank Ltd.	Bond - Corporate Bond	₹280.67 Cr	1.64%
Bank Of India	Cash - CD/Time Deposit	₹279.69 Cr	1.63%
Icici Securities Limited	Cash - Commercial Paper	₹247.76 Cr	1.45%
Punjab National Bank	Cash - CD/Time Deposit	₹247.44 Cr	1.45%
Kotak Securities Limited	Cash - Commercial Paper	₹245.56 Cr	1.43%
Punjab National Bank	Cash - CD/Time Deposit	₹242.53 Cr	1.42%
Indian Bank	Cash - CD/Time Deposit	₹242.14 Cr	1.41%
IDFC First Bank Limited	Cash - CD/Time Deposit	₹241.83 Cr	1.41%
IDFC First Bank Limited	Cash - CD/Time Deposit	₹241.44 Cr	1.41%
Bank Of Baroda	Cash - CD/Time Deposit	₹241.32 Cr	1.41%
Indian Bank	Cash - CD/Time Deposit	₹232.89 Cr	1.36%
Punjab National Bank	Cash - CD/Time Deposit	₹221.87 Cr	1.30%
HDFC Bank Limited	Cash - CD/Time Deposit	₹221.5 Cr	1.29%
Punjab National Bank	Cash - CD/Time Deposit	₹197.91 Cr	1.16%
India (Republic of)	Bond - Short-term Government Bills	₹197.68 Cr	1.16%
91 Days Tbill Red 27-02-2025	Bond - Gov't/Treasury	₹197.44 Cr	1.15%
ICICI Securities Limited	Cash - Commercial Paper	₹196.45 Cr	1.15%
Sundaram Finance Ltd.	Cash - Commercial Paper	₹194.52 Cr	1.14%
Bank Of Baroda	Cash - CD/Time Deposit	₹194.41 Cr	1.14%
Small Industries Development Bank Of India	Cash - Commercial Paper	₹193.47 Cr	1.13%
HDFC Bank Limited	Cash - CD/Time Deposit	₹193.3 Cr	1.13%
Indusind Bank Ltd.	Cash - CD/Time Deposit	₹193.12 Cr	1.13%
364 DTB 23-Oct-2025	Bond - Gov't/Treasury	₹189.41 Cr	1.11%
Small Industries Dev Bank Of India	Cash - CD/Time Deposit	₹187.27 Cr	1.09%
Bharti Telecom Limited	Cash - Commercial Paper	₹187.14 Cr	1.09%
Kotak Mahindra Bank Limited	Cash - CD/Time Deposit	₹186.39 Cr	1.09%
Small Industries Development Bank Of India	Cash - CD/Time Deposit	₹186.25 Cr	1.09%
Clearing Corporation Of India Ltd	Cash - Repurchase Agreement	₹176.09 Cr	1.03%
The Federal Bank Limited	Cash - CD/Time Deposit	₹172.11 Cr	1.01%
07.89 GJ Sdl 2025	Bond - Gov't/Treasury	₹150.71 Cr	0.88%
Network18 Media & Investments Limited	Cash - Commercial Paper	₹147.82 Cr	0.86%
Punjab National Bank	Cash - CD/Time Deposit	₹147.52 Cr	0.86%
08.03 GJ Sdl 2025	Bond - Gov't/Treasury	₹146.74 Cr	0.86%
ICICI Securities Limited	Cash - Commercial Paper	₹144.58 Cr	0.84%
08.25 MH Sdl 2025	Bond - Gov't/Treasury	₹140.84 Cr	0.82%
Indusind Bank Limited	Cash - CD/Time Deposit	₹139.58 Cr	0.82%
364 DTB 13022025	Bond - Gov't/Treasury	₹133.6 Cr	0.78%
Canara Bank	Cash - CD/Time Deposit	₹124.23 Cr	0.73%
Kotak Mahindra Bank Limited (Formerly Kotak Mahindra Finance Limited)	Cash - CD/Time Deposit	₹123.04 Cr	0.72%
Union Bank of India	Cash - CD/Time Deposit	₹122.57 Cr	0.72%
Infina Finance Private Limited	Cash - Commercial Paper	₹117.64 Cr	0.69%
Canara Bank	Cash - CD/Time Deposit	₹116.47 Cr	0.68%
06.03 RJ Sdl 2025	Bond - Gov't/Treasury	₹99.88 Cr	0.58%
05.89 AP Sdl 2025	Bond - Gov't/Treasury	₹99.7 Cr	0.58%
364 DTB 02052024	Bond - Gov't/Treasury	₹99.32 Cr	0.58%
Shriram Housing Finance Limited	Cash - Commercial Paper	₹98.74 Cr	0.58%
Indusind Bank Ltd.	Cash - CD/Time Deposit	₹98.73 Cr	0.58%
364 DTB	Bond - Gov't/Treasury	₹98.72 Cr	0.58%
Kotak Mahindra Bank Limited	Cash - CD/Time Deposit	₹98.71 Cr	0.58%
Piramal Enterprises Limited	Cash - Commercial Paper	₹98.66 Cr	0.58%
Icici Securities Limited	Cash - Commercial Paper	₹98.64 Cr	0.58%
Indusind Bank Limited	Cash - CD/Time Deposit	₹98.62 Cr	0.58%
Indusind Bank Ltd.	Cash - CD/Time Deposit	₹98.6 Cr	0.58%
ICICI Securities Limited	Cash - Commercial Paper	₹98.56 Cr	0.58%
360 One Wam Limited	Cash - Commercial Paper	₹98.54 Cr	0.58%
Bank Of Baroda	Cash - CD/Time Deposit	₹98.51 Cr	0.58%
Export-Import Bank of India	Cash - Commercial Paper	₹98.37 Cr	0.57%
Indian Bank	Cash - CD/Time Deposit	₹98.31 Cr	0.57%
Tata Projects Limited	Cash - Commercial Paper	₹98.3 Cr	0.57%
360 One Prime Limited	Cash - Commercial Paper	₹98.24 Cr	0.57%
Infina Finance Private Limited	Cash - Commercial Paper	₹98.19 Cr	0.57%
LIC Housing Finance Ltd.	Cash - Commercial Paper	₹98.19 Cr	0.57%
Piramal Capital & Housing Finance Limited	Cash - Commercial Paper	₹97.77 Cr	0.57%
Infina Finance Private Limited	Cash - Commercial Paper	₹96.98 Cr	0.57%
Piramal Capital & Housing Finance Limited	Cash - Commercial Paper	₹96.58 Cr	0.56%
Indian Bank	Cash - CD/Time Deposit	₹96.53 Cr	0.56%
Mindspace Business Parks Reit	Cash - Commercial Paper	₹96.42 Cr	0.56%
Phoenix Arc Private Limited	Cash - Commercial Paper	₹96.1 Cr	0.56%
08.14 MH Sdl 2025	Bond - Gov't/Treasury	₹95.59 Cr	0.56%
Sundaram Bnp Paribas Home Finance Limited	Cash - Commercial Paper	₹94.87 Cr	0.55%
Standard Chartered Investments And Loans (India) Limited	Cash - Commercial Paper	₹94.28 Cr	0.55%
Tata Capital Housing Finance Limited	Cash - Commercial Paper	₹94.11 Cr	0.55%
Federal Bank Ltd.	Bond - Corporate Bond	₹93.25 Cr	0.54%
Kotak Mahindra Bank Limited	Cash - CD/Time Deposit	₹93.07 Cr	0.54%
Icici Securities Limited	Cash - Commercial Paper	₹88.47 Cr	0.52%
Cp Mankind Pharma Ltd	Cash - Commercial Paper	₹79.73 Cr	0.47%
Icici Securities Limited	Cash - Commercial Paper	₹74.41 Cr	0.43%
Godrej Housing Finance Limited	Cash - Commercial Paper	₹74.06 Cr	0.43%
Godrej Finance Ltd.	Cash - Commercial Paper	₹74.03 Cr	0.43%
Bank Of Baroda	Cash - CD/Time Deposit	₹73.78 Cr	0.43%
Birla Group Holdings Private Limited	Cash - Commercial Paper	₹73.66 Cr	0.43%
Infina Finance Private Limited	Cash - Commercial Paper	₹72.17 Cr	0.42%
Motilal Oswal Financial Services Limited	Cash - Commercial Paper	₹72.08 Cr	0.42%
08.10 Wb SDL 2025	Bond - Gov't/Treasury	₹71.18 Cr	0.42%
182 DTB 17012025	Bond - Gov't/Treasury	₹70.22 Cr	0.41%
364 DTB	Bond - Gov't/Treasury	₹59.67 Cr	0.35%
Hsbc Investdirect Financial Services (India) Limited	Cash - Commercial Paper	₹57.82 Cr	0.34%
Larsen And Toubro Limited	Cash - Commercial Paper	₹49.54 Cr	0.29%
Motilal Oswal Financial Services Ltd	Cash - Commercial Paper	₹49.45 Cr	0.29%
Motilal Oswal Financial Services Ltd	Cash - Commercial Paper	₹49.44 Cr	0.29%
Bharti Telecom Limited	Cash - Commercial Paper	₹49.26 Cr	0.29%
Tata Projects Limited 2025	Cash - Commercial Paper	₹49.22 Cr	0.29%
Canara Bank	Cash - CD/Time Deposit	₹49.21 Cr	0.29%
Infina Finance Private Limited	Cash - Commercial Paper	₹49.19 Cr	0.29%
Canara Bank	Cash - CD/Time Deposit	₹49.17 Cr	0.29%
HDFC Bank Limited	Cash - CD/Time Deposit	₹49.17 Cr	0.29%
Union Bank Of India	Cash - CD/Time Deposit	₹49.1 Cr	0.29%
Canara Bank	Cash - CD/Time Deposit	₹49.09 Cr	0.29%
Birla Group Holdings Private Limited	Cash - Commercial Paper	₹48.19 Cr	0.28%
08.27 HR Sdl 2025	Bond - Gov't/Treasury	₹45.28 Cr	0.26%
08.10 Tn SDL 2025	Bond - Gov't/Treasury	₹35.12 Cr	0.21%
Union Bank Of India	Cash - CD/Time Deposit	₹34.51 Cr	0.20%
SBI - Corporate Debt Market Development Fund (CDMDF) - Class A2	Mutual Fund - Open End	₹27.46 Cr	0.16%
08.07 GJ Sdl 2025	Bond - Gov't/Treasury	₹26.05 Cr	0.15%
08.20 Up SDL 2025	Bond - Gov't/Treasury	₹25.18 Cr	0.15%
08.29 RJ Sdl 2025	Bond - Gov't/Treasury	₹25.15 Cr	0.15%
6.89% Govt Stock 2025	Bond - Gov't/Treasury	₹25 Cr	0.15%
HDFC Bank Ltd.	Cash - CD/Time Deposit	₹24.79 Cr	0.14%
Birla Group Holdings Private Limited	Cash - Commercial Paper	₹24.75 Cr	0.14%
Birla Group Holdings Private Limited	Cash - Commercial Paper	₹24.74 Cr	0.14%
Union Bank of India	Bond - Gov't Agency Debt	₹24.67 Cr	0.14%
Aditya Birla Finance Limited	Cash - Commercial Paper	₹24.64 Cr	0.14%
Julius Baer Capital India Pvt Ltd	Cash - Commercial Paper	₹24.62 Cr	0.14%
Pilani Investment And Industries Corporation Ltd.	Cash - Commercial Paper	₹24.51 Cr	0.14%
07.95 OIL SPL 2025	Bond - Gov't Agency Debt	₹20.01 Cr	0.12%
08.09 KL Sdl 2025	Bond - Gov't/Treasury	₹15.05 Cr	0.09%
08.07 Tn SDL 2025feb	Bond - Gov't/Treasury	₹15.03 Cr	0.09%
08.06 RJ Sdl 2025	Bond - Gov't/Treasury	₹14.83 Cr	0.09%
08.07 Tn SDL 2025	Bond - Gov't/Treasury	₹10.01 Cr	0.06%
Indusind Bank Ltd.	Cash - CD/Time Deposit	₹9.92 Cr	0.06%
08.05 MH Sdl 2025	Bond - Gov't/Treasury	₹5.01 Cr	0.03%
National Bank for Agriculture and Rural Development	Cash - CD/Time Deposit	₹4.94 Cr	0.03%
Interest Rate Swaps Pay Fix Receive Floating -Hsbc Bank (09/09/2025) (Fv 10	Interest Rate Swap	₹-0.03 Cr	0.00%
Interest Rate Swaps Pay Fix Receive Floating -Icisecpd (15/09/2025) (Fv 150	Interest Rate Swap	₹0.01 Cr	0.00%
Interest Rate Swaps Pay Fix Receive Floating -Icici Bank (11/09/2025) (Fv 5	Interest Rate Swap	₹0.01 Cr	0.00%

Allocation By Credit Quality (Debt)

AAA

Other Allocation

Equity Sector

Debt & Others

Instruments	Amount	Holdings
Cash - CD/Time Deposit	₹8,548.2 Cr	49.95%
Cash - Commercial Paper	₹5,832.06 Cr	34.08%
Bond - Gov't/Treasury	₹2,190.54 Cr	12.80%
Bond - Corporate Bond	₹705.06 Cr	4.12%
Cash - Collateral	₹-608.32 Cr	3.55%
Bond - Short-term Government Bills	₹197.68 Cr	1.16%
Cash - Repurchase Agreement	₹176.09 Cr	1.03%
Bond - Gov't Agency Debt	₹44.69 Cr	0.26%
Mutual Fund - Open End	₹27.46 Cr	0.16%
Interest Rate Swap	₹0 Cr	0.00%

Risk & Performance Ratios

Fund Managers

Devang Shah

Since August 2019

Aditya Pagaria

Since August 2019

Sachin Jain

Since November 2021

Additional Scheme Detailsas of 15th December 2024

ISIN

INF846K01Q62

Expense Ratio

0.16%

Exit Load

No Charges

Fund Size

₹17,113 Cr

Age

5 years 4 months

Lumpsum Minimum

₹5,000

Fund Status

Open Ended Investment Company

Benchmark

Nifty Money Market TR INR

Investment Objective

To seek to generate long-term capital growth from an actively managed portfolio primarily of Equity and Equity Related Securities. Scheme shall invest in Indian equities,foreign equities and related instruments and debt securities.

Tax Treatment

Capital Gains Taxation:

Dividend Taxation:

Note: As per the Income Tax Budget 2024, mutual funds are subject to capital gains taxation, which includes surcharge and cess based on prevailing income tax rules and the investor’s income. Taxation applies only to realised gains, not notional gains. Please consult your tax advisors to determine the implications or consequences of your investments in such securities.

Similar Money Market Funds

Fund name	Expense Ratio	Exit Load	Fund size	1Y
Edelweiss Money Market Fund Regular Growth Low to Moderate Risk	0.8%	0.0%	₹1186.38 Cr	7.0%
Union Money Market Fund Direct Growth Low to Moderate Risk	0.2%	0.0%	₹172.67 Cr	7.4%
Union Money Market Fund Regular Growth Low to Moderate Risk	0.9%	0.0%	₹172.67 Cr	6.7%
TRUSTMF Money Market Fund Direct Growth Low to Moderate Risk	0.2%	0.0%	₹83.42 Cr	7.5%
TRUSTMF Money Market Fund Regular Growth Low to Moderate Risk	0.3%	0.0%	₹83.42 Cr	7.4%
LIC MF Money Market Fund Direct Growth Low Risk	0.6%	0.0%	₹24.38 Cr	6.5%
LIC MF Money Market Fund Regular Growth Low Risk	1.0%	0.0%	₹24.38 Cr	6.1%
Tata Money Market Fund Regular Growth Low to Moderate Risk	0.4%	0.0%	₹26862.79 Cr	7.7%
Franklin India Money Market Fund Regular Growth Low to Moderate Risk	0.3%	0.0%	₹2271.47 Cr	7.6%
HDFC Money Market Fund Regular Growth Low to Moderate Risk	0.4%	0.0%	₹25011.45 Cr	7.7%

About the AMC

Axis Mutual Fund

+91 22 43255161

https://www.axismf.com/

Total AUM

₹3,16,718 Cr

Address

Axis House, 1st Floor, C-2, Wadia International Centre, Mumbai, 400 025

Other Funds by Axis Mutual Fund

Fund name	Expense Ratio	Exit Load	Fund size	1Y
Axis Fixed Term Plan Series 120 (91 Days) Direct Growth Moderate Risk	-	0.0%	-	-
Axis US Treasury Dynamic Bond ETF Fund of Fund Direct Growth Very High Risk	0.1%	0.0%	₹64.72 Cr	-
Axis India Manufacturing Fund Direct Growth Very High Risk	0.4%	1.0%	₹6039.84 Cr	-
Axis Fixed Term Plan Series 118 100 Days Direct Growth Moderate Risk	-	0.0%	-	-
Axis Fixed Term Plan Series 113 1228 Days Direct Growth Low to Moderate Risk	-	0.0%	-	7.8%
Axis Fixed Term Plan Series 110 1553 Days Direct Growth Moderate Risk	-	0.0%	-	-
Axis Fixed Term Plan Series 105 1128 Days Direct Growth Moderate Risk	-	0.0%	-	-
Axis Fixed Term Plan Series 112 1143 Days Direct Growth Low to Moderate Risk	-	0.0%	-	7.7%
Axis Nifty SDL September 2026 Debt Index Fund Direct Growth Low to Moderate Risk	0.2%	0.0%	₹75.54 Cr	8.2%
Axis Banking & PSU Debt Fund Direct Growth Moderate Risk	0.3%	0.0%	₹12964.37 Cr	7.8%
Axis Global Equity Alpha Fund of Fund Direct Growth Very High Risk	0.9%	1.0%	₹833.59 Cr	21.0%
Axis Nifty Smallcap 50 Index Fund Direct Growth Very High Risk	0.3%	0.0%	₹457.49 Cr	32.4%
Axis Flexi Cap Fund Direct Growth Very High Risk	0.7%	1.0%	₹12854.88 Cr	26.9%
Axis Money Market Fund Direct Growth Low to Moderate Risk	0.2%	0.0%	₹17113.47 Cr	7.9%
Axis Equity Hybrid Fund Direct Growth Very High Risk	1.1%	1.0%	₹1615.65 Cr	18.6%
Axis Special Situations Fund Direct Growth Very High Risk	1.3%	1.0%	₹1233.51 Cr	32.8%
Axis Corporate Debt Fund Direct Growth Moderate Risk	0.3%	0.0%	₹6083.48 Cr	8.7%
Axis ESG Equity Fund Direct Growth Very High Risk	1.3%	1.0%	₹1334.37 Cr	20.4%
Axis Arbitrage Fund Direct Growth Low Risk	0.3%	0.0%	₹5591.95 Cr	8.3%
Axis Greater China Equity Fund of Fund Direct Growth Very High Risk	0.5%	1.0%	₹323.64 Cr	12.8%
Axis Value Fund Direct Growth Very High Risk	0.9%	1.0%	₹785.25 Cr	33.3%
Axis All Seasons Debt Fund of Funds Direct Growth Moderate Risk	0.2%	0.0%	₹138.42 Cr	8.8%
Axis Gilt Fund Direct Growth Moderate Risk	0.3%	0.0%	₹1016.50 Cr	10.2%
Axis Bluechip Fund Direct Growth Very High Risk	0.7%	1.0%	₹33547.36 Cr	17.4%
Axis Dynamic Bond Fund Direct Growth Moderate Risk	0.3%	0.0%	₹1495.62 Cr	8.7%
Axis Gold Fund Direct Growth High Risk	0.2%	1.0%	₹696.01 Cr	20.1%
Axis Focused 25 Fund Direct Growth Very High Risk	0.8%	1.0%	₹13289.37 Cr	19.3%
Axis Regular Saver Fund Direct Growth Very High Risk	1.0%	1.0%	₹297.87 Cr	9.5%
Axis Strategic Bond Fund Direct Growth Moderately High risk	0.5%	1.0%	₹1979.18 Cr	9.3%
Axis Long Term Equity Fund Direct Growth Very High Risk	0.8%	0.0%	₹36373.17 Cr	21.5%
Axis Short Term Fund Direct Growth Moderate Risk	0.4%	0.0%	₹9161.75 Cr	8.5%
Axis Liquid Fund Direct Growth Low to Moderate Risk	0.1%	0.0%	₹34674.32 Cr	7.5%
Axis Multi Asset Allocation Fund Direct Growth Very High Risk	1.0%	1.0%	₹1281.69 Cr	19.1%
Axis Midcap Fund Direct Growth Very High Risk	0.5%	1.0%	₹30329.59 Cr	34.9%
Axis Treasury Advantage Fund Direct Growth Low to Moderate Risk	0.3%	0.0%	₹6577.09 Cr	8.0%
Axis Equity Saver Fund Direct Growth Moderately High risk	1.0%	1.0%	₹1014.59 Cr	13.5%
Axis Balanced Advantage Fund Direct Growth Moderately High risk	0.8%	1.0%	₹2599.22 Cr	21.0%
Axis Nifty Midcap 50 Index Fund Direct Growth Low Risk	0.3%	0.0%	₹413.12 Cr	26.4%
Axis Nifty IT Index Fund Direct Growth Very High Risk	0.3%	0.0%	₹140.01 Cr	27.9%
Axis CRISIL IBX 50:50 Gilt Plus SDL September 2027 Index Fund Direct Growth Low to Moderate Risk	0.1%	0.0%	₹32.01 Cr	8.1%
Axis Credit Risk Fund Direct Growth Moderately High risk	0.8%	1.0%	₹415.73 Cr	8.8%
Axis Ultra Short Term Fund Direct Growth Moderate Risk	0.4%	0.0%	₹6050.14 Cr	7.9%
Axis Multicap Fund Direct Growth Very High Risk	0.7%	1.0%	₹6807.34 Cr	36.9%
Axis CRISIL IBX 50:50 Gilt Plus SDL June 2028 Index Fund Direct Growth Low to Moderate Risk	0.2%	0.0%	₹71.82 Cr	8.3%
Axis Nifty AAA Bond Plus SDL Apirl 2026 50:50 ETF Fund Of Funds Direct Growth Low to Moderate Risk	0.1%	0.0%	₹276.08 Cr	6.7%
Axis Silver Fund of Funds Direct Growth Very High Risk	0.2%	0.0%	₹63.85 Cr	14.7%
Axis Nifty Next 50 Index Fund Direct Growth Very High Risk	0.3%	0.0%	₹303.16 Cr	35.2%
Axis CRISIL IBX 70:30 CPSE Plus SDL April 2025 Index Fund Direct Growth Low Risk	0.2%	0.0%	₹506.13 Cr	7.6%
Axis Long Duration Fund Direct Growth Moderate Risk	0.3%	0.0%	₹510.21 Cr	11.0%
Axis Nifty 50 Index Fund Direct Growth Very High Risk	0.1%	0.0%	₹575.83 Cr	12.6%

Risk Level

Your principal amount will be at Low to Moderate Risk

Unlock Expert Insights!

Maximise Returns with our Wealth Monitor App. Try it now!

Still got questions?
We're here to help.

What is the current NAV of Axis Money Market Fund Direct Growth?

The NAV of Axis Money Market Fund Direct Growth, as of 20-Dec-2024, is ₹1384.07.

What are the returns of Axis Money Market Fund Direct Growth?

The fund has generated 7.91% over the last 1 year and 6.75% over the last 3 years. However, this does not guarantee that the fund will perform similarly in the future.

What is the portfolio composition of Axis Money Market Fund Direct Growth?

The fund's allocation of assets is distributed as 0.00% in equities, 9.49% in bonds, and 90.35% in cash and cash equivalents.

Who manages the Axis Money Market Fund Direct Growth?

The fund managers responsible for Axis Money Market Fund Direct Growth are:-

Devang Shah
Aditya Pagaria
Sachin Jain

Disclaimer: Mutual Fund investments are subject to market risks, read all scheme-related documents carefully. The NAVs of the schemes may go up or down depending upon the factors and forces affecting the securities market including the fluctuations in the interest rates. The past performance of the mutual funds is not necessarily indicative of the future performance of the schemes. Investors are requested to review the prospectus carefully and obtain expert professional advice with regard to specific legal, tax and financial implications of the investment/participation in the scheme.

;

Our weekly expert newsletter on stories that matter to your money.

Knowledge Repository

Bonds

IPA

Mutual Funds

Portfolio Management Services

About

Investment Philosophy

Legal

Returns & Cancellation

Security

Terms & Disclosure

KYC Check

©2021-2024 Dezerv. All Rights Reserved

Dezerv Investments Private Limited is a Portfolio Manager with SEBI Registration no. INP000007377, a member of BSE with SEBI Stock Broker Registration no. INZ000303136, and an Investment Manager to Category - I AIF-VCF-Angel Fund with SEBI Registration no. IN/AIF1/22-23/1066.

Mutual Fund distribution services are offered through Dezerv Distribution Services Pvt Limited, a wholly owned subsidiary with AMFI Registration No.: ARN -248439. **Mutual fund investments are subject to market risks, read all scheme related documents carefully.** Terms and conditions of the website are applicable. Privacy policy of the website is applicable.

Axis Money Market Fund Direct Growth

Fund Overview