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Fund Overview

Fund Size

Fund Size

₹16,587 Cr

Expense Ratio

Expense Ratio

0.16%

ISIN

ISIN

INF846K01Q62

Minimum SIP

Minimum SIP

₹1,000

Exit Load

Exit Load

No Charges

Inception Date

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, 7 months and 22 days, having been launched on 06-Aug-19.
As of 27-Mar-25, it has a Net Asset Value (NAV) of ₹1412.91, Assets Under Management (AUM) of 16587.21 Crores, and an expense ratio of 0.16%.
  • Axis Money Market Fund Direct Growth has given a CAGR return of 6.32% since inception.
  • The fund's asset allocation comprises around 0.00% in equities, 28.42% in debts, and 71.32% 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

+7.90%

+6.60% (Cat Avg.)

3 Years

+7.08%

+6.33% (Cat Avg.)

5 Years

+6.21%

+5.76% (Cat Avg.)

Since Inception

+6.32%

(Cat Avg.)

Portfolio Summaryas of 15th March 2025

Debt4,714.17 Cr28.42%
Others11,873.03 Cr71.58%

Top Holdings

All Holdings

Equity

Debt & Others

NameType sortAmount sortHoldings sort
Canara BankCash - CD/Time Deposit702.41 Cr4.23%
National Bank For Agriculture And Rural DevelopmentCash - CD/Time Deposit561.42 Cr3.38%
Clearing Corporation Of India LtdCash - Repurchase Agreement488.82 Cr2.95%
364 DTB 18122025Bond - Gov't/Treasury476.3 Cr2.87%
Canara BankBond - Gov't Agency Debt465.07 Cr2.80%
Bajaj Housing Finance Ltd.Cash - Commercial Paper445.84 Cr2.69%
Canara BankCash - CD/Time Deposit422.68 Cr2.55%
HDFC Bank LimitedCash - CD/Time Deposit421.17 Cr2.54%
Union Bank Of IndiaCash - CD/Time Deposit375.99 Cr2.27%
Small Industries Development Bank Of IndiaCash - CD/Time Deposit372.78 Cr2.25%
Indian BankBond - Gov't Agency Debt372.02 Cr2.24%
Bharti Telecom LimitedCash - Commercial Paper371.91 Cr2.24%
Indusind Bank LimitedCash - CD/Time Deposit331.78 Cr2.00%
The Federal Bank LimitedCash - CD/Time Deposit331.35 Cr2.00%
Indusind Bank LimitedCash - CD/Time Deposit328.36 Cr1.98%
National Bank for Agriculture and Rural DevelopmentBond - Gov't Agency Debt325.48 Cr1.96%
Tata Capital Ltd.Cash - Commercial Paper324.86 Cr1.96%
Bharti Telecom LimitedCash - Commercial Paper287.74 Cr1.73%
HDFC Bank LimitedCash - CD/Time Deposit285.98 Cr1.72%
Indian BankCash - CD/Time Deposit282.45 Cr1.70%
IDFC First Bank Ltd.Bond - Corporate Bond280.99 Cr1.69%
Small Industries Development Bank Of IndiaCash - CD/Time Deposit280.72 Cr1.69%
National Bank For Agriculture And Rural DevelopmentCash - CD/Time Deposit280.11 Cr1.69%
08.38 Tn SDL 2026Bond - Gov't/Treasury251.41 Cr1.52%
Panatone Finvest LimitedCash - Commercial Paper242.09 Cr1.46%
08.67 KA Sdl 2026Bond - Gov't/Treasury239.16 Cr1.44%
National Bank for Agriculture and Rural DevelopmentBond - Gov't Agency Debt234.57 Cr1.41%
Kotak Mahindra Bank Ltd.Bond - Corporate Bond234.42 Cr1.41%
Kotak Mahindra Bank LimitedCash - CD/Time Deposit233.55 Cr1.41%
08.38 RJ Sdl 2026Bond - Gov't/Treasury233.1 Cr1.41%
08.38 HR Sdl 2026Bond - Gov't/Treasury216.42 Cr1.30%
364 DTB 23-Oct-2025Bond - Gov't/Treasury192.38 Cr1.16%
Piramal Capital & Housing Finance Ltd.Cash - Commercial Paper192.11 Cr1.16%
Small Industries Development Bank Of IndiaCash - CD/Time Deposit191.61 Cr1.16%
Bharti Telecom LimitedCash - Commercial Paper190.7 Cr1.15%
Indian BankCash - CD/Time Deposit189.56 Cr1.14%
Small Industries Development Bank Of IndiaCash - CD/Time Deposit189.43 Cr1.14%
Export-Import Bank Of IndiaCash - Commercial Paper187.57 Cr1.13%
IDBI Bank LimitedCash - CD/Time Deposit187.12 Cr1.13%
IDBI Bank LimitedCash - CD/Time Deposit186.38 Cr1.12%
Small Industries Development Bank of IndiaBond - Corporate Bond185.94 Cr1.12%
08.38 KA Sdl 2026Bond - Gov't/Treasury172.32 Cr1.04%
Small Industries Development Bank of IndiaCash - CD/Time Deposit143.3 Cr0.86%
Small Industries Development Bank Of IndiaCash - CD/Time Deposit142.86 Cr0.86%
Kotak Mahindra Bank Limited (Formerly Kotak Mahindra Finance Limited)Cash - CD/Time Deposit142.18 Cr0.86%
Indusind Bank Ltd.Cash - CD/Time Deposit141.99 Cr0.86%
India (Republic of)Bond - Short-term Government Bills141.09 Cr0.85%
Kotak Mahindra Bank LimitedCash - CD/Time Deposit141.06 Cr0.85%
Punjab National BankBond - Gov't Agency Debt140.99 Cr0.85%
Tata Capital Housing Finance Ltd.Cash - Commercial Paper140.9 Cr0.85%
The Federal Bank LimitedCash - CD/Time Deposit140.85 Cr0.85%
Godrej Finance LimitedCash - Commercial Paper139.57 Cr0.84%
Infina Finance Private LimitedCash - Commercial Paper116.27 Cr0.70%
Phoenix ARc Private LimitedCash - Commercial Paper98.21 Cr0.59%
Icici Securities Limited (Earlier Icici Brokerage Services Limited)Cash - Commercial Paper98.17 Cr0.59%
Standard Chartered Capital LimitedCash - Commercial Paper96.07 Cr0.58%
Piramal Enterprises Ltd.Bond - Corporate Bond95.93 Cr0.58%
Tata Capital Housing Finance LimitedCash - Commercial Paper95.76 Cr0.58%
06.90 OIL SPL 2026Bond - Gov't Agency Debt95.11 Cr0.57%
Federal Bank Ltd.Cash - CD/Time Deposit94.84 Cr0.57%
Kotak Mahindra Bank Limited (Formerly Kotak Mahindra Finance Limited)Cash - CD/Time Deposit94.66 Cr0.57%
Au Small Finance Bank LimitedCash - CD/Time Deposit93.51 Cr0.56%
Birla Group Holdings Private LimitedCash - Commercial Paper93.49 Cr0.56%
Credila Financial Services LimitedCash - Commercial Paper93.31 Cr0.56%
The Federal Bank LimitedCash - CD/Time Deposit93.23 Cr0.56%
Godrej Housing Finance LimitedCash - Commercial Paper93.2 Cr0.56%
National Bank for Agriculture and Rural DevelopmentBond - Gov't Agency Debt92.94 Cr0.56%
Standard Chartered Capital LimitedCash - Commercial Paper92.92 Cr0.56%
08.38 OD Sdl 2026Bond - Gov't/Treasury86.16 Cr0.52%
Mankind Pharma LimitedCash - Commercial Paper81.18 Cr0.49%
Net Receivables / (Payables)Cash - Collateral-80.96 Cr0.49%
364 DTB 15012026Bond - Gov't/Treasury80.58 Cr0.49%
Infina Finance Private LimitedCash - Commercial Paper73.58 Cr0.44%
Infina Finance Private LimitedCash - Commercial Paper72.57 Cr0.44%
Bank Of IndiaCash - CD/Time Deposit71.14 Cr0.43%
Pilani Investment & Industries Corporation LimitedCash - Commercial Paper69.95 Cr0.42%
Birla Group Holdings Private LimitedCash - Commercial Paper69.93 Cr0.42%
Birla Group Holdings Private LimitedCash - Commercial Paper69.92 Cr0.42%
08.39 AP Sdl 2026Bond - Gov't/Treasury50.69 Cr0.31%
ICICI Bank Ltd.Cash - CD/Time Deposit47.59 Cr0.29%
SBI - Corporate Debt Market Development Fund (CDMDF) - Class A2Mutual Fund - Open End42.33 Cr0.26%
08.20 Up SDL 2025Bond - Gov't/Treasury25.1 Cr0.15%
08.29 RJ Sdl 2025Bond - Gov't/Treasury25.06 Cr0.15%
Pilani Investments And Industries Corporation LimitedCash - Commercial Paper24.98 Cr0.15%
Canara BankCash - CD/Time Deposit23.48 Cr0.14%
08.23 CG Sdl 2025Bond - Gov't/Treasury10.1 Cr0.06%
08.17 Tn SDL 2025Bond - Gov't/Treasury10.09 Cr0.06%
Canara BankCash - CD/Time Deposit9.45 Cr0.06%
08.27 Tn SDL 2026Bond - Gov't/Treasury6.07 Cr0.04%
Interest Rate Swaps Pay Fix Receive Floating -Icisecpd (13/09/2025) (Fv 150Interest Rate Swap-0.11 Cr0.00%
Interest Rate Swaps Pay Fix Receive Floating -Hsbc Bank (07/08/2025) (Fv 25Interest Rate Swap-0.09 Cr0.00%
Interest Rate Swaps Pay Fix Receive Floating -Icisecpd (10/09/2025) (Fv 500Interest Rate Swap-0.04 Cr0.00%
Interest Rate Swaps Pay Fix Receive Floating -Icici Bank (11/09/2025) (Fv 5Interest Rate Swap-0.03 Cr0.00%

Allocation By Credit Quality (Debt)

AAA

Other Allocation

Equity Sector

Debt & Others

InstrumentsAmount sortHoldings sort
Cash - CD/Time Deposit7,534.99 Cr45.43%
Cash - Commercial Paper3,862.8 Cr23.29%
Bond - Gov't/Treasury2,074.96 Cr12.51%
Bond - Gov't Agency Debt1,726.17 Cr10.41%
Bond - Corporate Bond797.28 Cr4.81%
Cash - Repurchase Agreement488.82 Cr2.95%
Bond - Short-term Government Bills141.09 Cr0.85%
Cash - Collateral-80.96 Cr0.49%
Mutual Fund - Open End42.33 Cr0.26%
Interest Rate Swap-0.27 Cr0.00%

Risk & Performance Ratios

Standard Deviation

This fund

0.46%

Cat. avg.

0.62%

Lower the better

Sharpe Ratio

This fund

1.51

Cat. avg.

-0.03

Higher the better

Sortino Ratio

This fund

--

Cat. avg.

0.26

Higher the better

Fund Managers

Devang Shah

Devang Shah

Since August 2019

AP

Aditya Pagaria

Since August 2019

SJ

Sachin Jain

Since November 2021

Additional Scheme Detailsas of 15th March 2025

ISIN
INF846K01Q62
Expense Ratio
0.16%
Exit Load
No Charges
Fund Size
₹16,587 Cr
Age
5 years 7 months
Lumpsum Minimum
₹5,000
Fund Status
Open Ended Investment Company
Benchmark
Nifty Money Market TR INR

Investment ObjectiveInvestment 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

iconCapital Gains Taxation:

iconDividend Taxation:

info icon

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 nameExpense RatioExit LoadFund size
1Y
Edelweiss Money Market Fund Regular Growth

Low to Moderate Risk

0.8%0.0%₹1378.11 Cr7.0%
Union Money Market Fund Direct Growth

Low to Moderate Risk

0.2%0.0%₹197.96 Cr7.5%
Union Money Market Fund Regular Growth

Low to Moderate Risk

0.9%0.0%₹197.96 Cr6.7%
TRUSTMF Money Market Fund Direct Growth

Low to Moderate Risk

0.2%0.0%₹88.71 Cr7.6%
TRUSTMF Money Market Fund Regular Growth

Low to Moderate Risk

0.5%0.0%₹88.71 Cr7.4%
LIC MF Money Market Fund Direct Growth

Low Risk

0.6%0.0%₹19.94 Cr6.4%
LIC MF Money Market Fund Regular Growth

Low Risk

1.0%0.0%₹19.94 Cr5.9%
Tata Money Market Fund Regular Growth

Low to Moderate Risk

0.4%0.0%₹26845.19 Cr7.7%
Franklin India Money Market Fund Regular Growth

Low to Moderate Risk

0.3%0.0%₹2599.25 Cr7.7%
HDFC Money Market Fund Regular Growth

Low to Moderate Risk

0.4%0.0%₹27929.77 Cr7.7%

About the AMC

Axis Mutual Fund

Axis Mutual Fund

Total AUM

₹3,16,417 Cr

Address

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

Other Funds by Axis Mutual Fund

Fund nameExpense RatioExit LoadFund 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%₹60.15 Cr7.3%
Axis India Manufacturing Fund Direct Growth

Very High Risk

0.5%1.0%₹4926.22 Cr10.5%
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%₹92.41 Cr7.8%
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%₹76.51 Cr7.6%
Axis Nifty SDL September 2026 Debt Index Fund Direct Growth

Low to Moderate Risk

0.2%0.0%₹75.74 Cr8.2%
Axis Banking & PSU Debt Fund Direct Growth

Moderate Risk

0.3%0.0%₹12911.64 Cr8.3%
Axis Global Equity Alpha Fund of Fund Direct Growth

Very High Risk

0.9%1.0%₹862.06 Cr12.0%
Axis Nifty Smallcap 50 Index Fund Direct Growth

Very High Risk

0.3%0.0%₹398.51 Cr9.7%
Axis Flexi Cap Fund Direct Growth

Very High Risk

0.7%1.0%₹11115.75 Cr11.5%
Axis Money Market Fund Direct Growth

Moderate Risk

0.2%0.0%₹16587.21 Cr7.9%
Axis Equity Hybrid Fund Direct Growth

Very High Risk

1.1%1.0%₹1440.65 Cr12.4%
Axis Special Situations Fund Direct Growth

Very High Risk

1.3%1.0%₹1071.19 Cr9.7%
Axis Corporate Debt Fund Direct Growth

Moderate Risk

0.3%0.0%₹5968.70 Cr8.9%
Axis ESG Equity Fund Direct Growth

Very High Risk

1.4%1.0%₹1163.13 Cr6.5%
Axis Arbitrage Fund Direct Growth

Low Risk

0.3%0.0%₹5780.54 Cr7.8%
Axis Greater China Equity Fund of Fund Direct Growth

Very High Risk

0.5%1.0%₹402.66 Cr19.4%
Axis Value Fund Direct Growth

Very High Risk

0.9%1.0%₹742.48 Cr14.9%
Axis All Seasons Debt Fund of Funds Direct Growth

Moderate Risk

0.2%0.0%₹148.37 Cr9.1%
Axis Gilt Fund Direct Growth

Moderate Risk

0.4%0.0%₹918.09 Cr10.2%
Axis Bluechip Fund Direct Growth

Very High Risk

0.7%1.0%₹30517.08 Cr7.1%
Axis Dynamic Bond Fund Direct Growth

Moderate Risk

0.3%0.0%₹1334.23 Cr8.9%
Axis Gold Fund Direct Growth

High Risk

0.2%1.0%₹869.00 Cr31.2%
Axis Focused 25 Fund Direct Growth

Very High Risk

0.8%1.0%₹11556.73 Cr6.6%
Axis Regular Saver Fund Direct Growth

Very High Risk

0.9%1.0%₹267.48 Cr9.7%
Axis Strategic Bond Fund Direct Growth

Moderately High risk

0.6%1.0%₹1934.39 Cr9.4%
Axis Long Term Equity Fund Direct Growth

Very High Risk

0.8%0.0%₹32174.34 Cr8.5%
Axis Short Term Fund Direct Growth

Low to Moderate Risk

0.4%0.0%₹8922.62 Cr8.8%
Axis Liquid Fund Direct Growth

Low to Moderate Risk

0.1%0.0%₹44666.25 Cr7.4%
Axis Multi Asset Allocation Fund Direct Growth

Very High Risk

1.1%1.0%₹1270.15 Cr13.4%
Axis Midcap Fund Direct Growth

Very High Risk

0.6%1.0%₹26087.92 Cr13.7%
Axis Treasury Advantage Fund Direct Growth

Low to Moderate Risk

0.3%0.0%₹5947.72 Cr8.1%
Axis Equity Saver Fund Direct Growth

Moderately High risk

1.0%1.0%₹929.60 Cr8.5%
Axis Balanced Advantage Fund Direct Growth

Moderately High risk

0.8%1.0%₹2625.19 Cr13.5%
Axis Nifty Midcap 50 Index Fund Direct Growth

Low Risk

0.3%0.0%₹371.77 Cr8.4%
Axis Nifty IT Index Fund Direct Growth

Very High Risk

0.3%0.0%₹126.33 Cr10.0%
Axis CRISIL IBX 50:50 Gilt Plus SDL September 2027 Index Fund Direct Growth

Low to Moderate Risk

0.1%0.0%₹32.60 Cr8.3%
Axis Credit Risk Fund Direct Growth

High Risk

0.8%1.0%₹381.97 Cr9.0%
Axis Ultra Short Term Fund Direct Growth

Moderate Risk

0.4%0.0%₹5297.38 Cr7.9%
Axis Multicap Fund Direct Growth

Very High Risk

0.8%1.0%₹6347.87 Cr16.1%
Axis CRISIL IBX 50:50 Gilt Plus SDL June 2028 Index Fund Direct Growth

Low to Moderate Risk

0.2%0.0%₹75.10 Cr8.6%
Axis Nifty AAA Bond Plus SDL Apirl 2026 50:50 ETF Fund Of Funds Direct Growth

Low to Moderate Risk

0.1%0.0%₹278.60 Cr6.7%
Axis Silver Fund of Funds Direct Growth

Very High Risk

0.2%0.0%₹71.86 Cr32.7%
Axis Nifty Next 50 Index Fund Direct Growth

Very High Risk

0.1%0.0%₹268.82 Cr6.2%
Axis CRISIL IBX 70:30 CPSE Plus SDL April 2025 Index Fund Direct Growth

Low Risk

0.2%0.0%₹456.07 Cr7.5%
Axis Long Duration Fund Direct Growth

Moderate Risk

0.3%0.0%₹474.13 Cr9.9%
Axis Nifty 50 Index Fund Direct Growth

Very High Risk

0.1%0.0%₹589.55 Cr7.7%

Risk Level

Your principal amount will be at Moderate Risk

Moderate Risk

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The NAV of Axis Money Market Fund Direct Growth, as of 27-Mar-2025, is ₹1412.91.
The fund has generated 7.90% over the last 1 year and 7.08% over the last 3 years. However, this does not guarantee that the fund will perform similarly in the future.
The fund's allocation of assets is distributed as 0.00% in equities, 28.42% in bonds, and 71.32% in cash and cash equivalents.
The fund managers responsible for Axis Money Market Fund Direct Growth are:-
  1. Devang Shah
  2. Aditya Pagaria
  3. Sachin Jain

Fund Overview

Fund Size

Fund Size

₹16,587 Cr

Expense Ratio

Expense Ratio

0.16%

ISIN

ISIN

INF846K01Q62

Minimum SIP

Minimum SIP

₹1,000

Exit Load

Exit Load

No Charges

Inception Date

Inception Date

06 Aug 2019

Risk Level

Your principal amount will be at Moderate Risk

Moderate Risk

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, 7 months and 22 days, having been launched on 06-Aug-19.
As of 27-Mar-25, it has a Net Asset Value (NAV) of ₹1412.91, Assets Under Management (AUM) of 16587.21 Crores, and an expense ratio of 0.16%.
  • Axis Money Market Fund Direct Growth has given a CAGR return of 6.32% since inception.
  • The fund's asset allocation comprises around 0.00% in equities, 28.42% in debts, and 71.32% 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

+7.90%

+6.60% (Cat Avg.)

3 Years

+7.08%

+6.33% (Cat Avg.)

5 Years

+6.21%

+5.76% (Cat Avg.)

Since Inception

+6.32%

(Cat Avg.)

Portfolio Summaryas of 15th March 2025

Debt4,714.17 Cr28.42%
Others11,873.03 Cr71.58%

Top Holdings

All Holdings

Equity

Debt & Others

NameType sortAmount sortHoldings sort
Canara BankCash - CD/Time Deposit702.41 Cr4.23%
National Bank For Agriculture And Rural DevelopmentCash - CD/Time Deposit561.42 Cr3.38%
Clearing Corporation Of India LtdCash - Repurchase Agreement488.82 Cr2.95%
364 DTB 18122025Bond - Gov't/Treasury476.3 Cr2.87%
Canara BankBond - Gov't Agency Debt465.07 Cr2.80%
Bajaj Housing Finance Ltd.Cash - Commercial Paper445.84 Cr2.69%
Canara BankCash - CD/Time Deposit422.68 Cr2.55%
HDFC Bank LimitedCash - CD/Time Deposit421.17 Cr2.54%
Union Bank Of IndiaCash - CD/Time Deposit375.99 Cr2.27%
Small Industries Development Bank Of IndiaCash - CD/Time Deposit372.78 Cr2.25%
Indian BankBond - Gov't Agency Debt372.02 Cr2.24%
Bharti Telecom LimitedCash - Commercial Paper371.91 Cr2.24%
Indusind Bank LimitedCash - CD/Time Deposit331.78 Cr2.00%
The Federal Bank LimitedCash - CD/Time Deposit331.35 Cr2.00%
Indusind Bank LimitedCash - CD/Time Deposit328.36 Cr1.98%
National Bank for Agriculture and Rural DevelopmentBond - Gov't Agency Debt325.48 Cr1.96%
Tata Capital Ltd.Cash - Commercial Paper324.86 Cr1.96%
Bharti Telecom LimitedCash - Commercial Paper287.74 Cr1.73%
HDFC Bank LimitedCash - CD/Time Deposit285.98 Cr1.72%
Indian BankCash - CD/Time Deposit282.45 Cr1.70%
IDFC First Bank Ltd.Bond - Corporate Bond280.99 Cr1.69%
Small Industries Development Bank Of IndiaCash - CD/Time Deposit280.72 Cr1.69%
National Bank For Agriculture And Rural DevelopmentCash - CD/Time Deposit280.11 Cr1.69%
08.38 Tn SDL 2026Bond - Gov't/Treasury251.41 Cr1.52%
Panatone Finvest LimitedCash - Commercial Paper242.09 Cr1.46%
08.67 KA Sdl 2026Bond - Gov't/Treasury239.16 Cr1.44%
National Bank for Agriculture and Rural DevelopmentBond - Gov't Agency Debt234.57 Cr1.41%
Kotak Mahindra Bank Ltd.Bond - Corporate Bond234.42 Cr1.41%
Kotak Mahindra Bank LimitedCash - CD/Time Deposit233.55 Cr1.41%
08.38 RJ Sdl 2026Bond - Gov't/Treasury233.1 Cr1.41%
08.38 HR Sdl 2026Bond - Gov't/Treasury216.42 Cr1.30%
364 DTB 23-Oct-2025Bond - Gov't/Treasury192.38 Cr1.16%
Piramal Capital & Housing Finance Ltd.Cash - Commercial Paper192.11 Cr1.16%
Small Industries Development Bank Of IndiaCash - CD/Time Deposit191.61 Cr1.16%
Bharti Telecom LimitedCash - Commercial Paper190.7 Cr1.15%
Indian BankCash - CD/Time Deposit189.56 Cr1.14%
Small Industries Development Bank Of IndiaCash - CD/Time Deposit189.43 Cr1.14%
Export-Import Bank Of IndiaCash - Commercial Paper187.57 Cr1.13%
IDBI Bank LimitedCash - CD/Time Deposit187.12 Cr1.13%
IDBI Bank LimitedCash - CD/Time Deposit186.38 Cr1.12%
Small Industries Development Bank of IndiaBond - Corporate Bond185.94 Cr1.12%
08.38 KA Sdl 2026Bond - Gov't/Treasury172.32 Cr1.04%
Small Industries Development Bank of IndiaCash - CD/Time Deposit143.3 Cr0.86%
Small Industries Development Bank Of IndiaCash - CD/Time Deposit142.86 Cr0.86%
Kotak Mahindra Bank Limited (Formerly Kotak Mahindra Finance Limited)Cash - CD/Time Deposit142.18 Cr0.86%
Indusind Bank Ltd.Cash - CD/Time Deposit141.99 Cr0.86%
India (Republic of)Bond - Short-term Government Bills141.09 Cr0.85%
Kotak Mahindra Bank LimitedCash - CD/Time Deposit141.06 Cr0.85%
Punjab National BankBond - Gov't Agency Debt140.99 Cr0.85%
Tata Capital Housing Finance Ltd.Cash - Commercial Paper140.9 Cr0.85%
The Federal Bank LimitedCash - CD/Time Deposit140.85 Cr0.85%
Godrej Finance LimitedCash - Commercial Paper139.57 Cr0.84%
Infina Finance Private LimitedCash - Commercial Paper116.27 Cr0.70%
Phoenix ARc Private LimitedCash - Commercial Paper98.21 Cr0.59%
Icici Securities Limited (Earlier Icici Brokerage Services Limited)Cash - Commercial Paper98.17 Cr0.59%
Standard Chartered Capital LimitedCash - Commercial Paper96.07 Cr0.58%
Piramal Enterprises Ltd.Bond - Corporate Bond95.93 Cr0.58%
Tata Capital Housing Finance LimitedCash - Commercial Paper95.76 Cr0.58%
06.90 OIL SPL 2026Bond - Gov't Agency Debt95.11 Cr0.57%
Federal Bank Ltd.Cash - CD/Time Deposit94.84 Cr0.57%
Kotak Mahindra Bank Limited (Formerly Kotak Mahindra Finance Limited)Cash - CD/Time Deposit94.66 Cr0.57%
Au Small Finance Bank LimitedCash - CD/Time Deposit93.51 Cr0.56%
Birla Group Holdings Private LimitedCash - Commercial Paper93.49 Cr0.56%
Credila Financial Services LimitedCash - Commercial Paper93.31 Cr0.56%
The Federal Bank LimitedCash - CD/Time Deposit93.23 Cr0.56%
Godrej Housing Finance LimitedCash - Commercial Paper93.2 Cr0.56%
National Bank for Agriculture and Rural DevelopmentBond - Gov't Agency Debt92.94 Cr0.56%
Standard Chartered Capital LimitedCash - Commercial Paper92.92 Cr0.56%
08.38 OD Sdl 2026Bond - Gov't/Treasury86.16 Cr0.52%
Mankind Pharma LimitedCash - Commercial Paper81.18 Cr0.49%
Net Receivables / (Payables)Cash - Collateral-80.96 Cr0.49%
364 DTB 15012026Bond - Gov't/Treasury80.58 Cr0.49%
Infina Finance Private LimitedCash - Commercial Paper73.58 Cr0.44%
Infina Finance Private LimitedCash - Commercial Paper72.57 Cr0.44%
Bank Of IndiaCash - CD/Time Deposit71.14 Cr0.43%
Pilani Investment & Industries Corporation LimitedCash - Commercial Paper69.95 Cr0.42%
Birla Group Holdings Private LimitedCash - Commercial Paper69.93 Cr0.42%
Birla Group Holdings Private LimitedCash - Commercial Paper69.92 Cr0.42%
08.39 AP Sdl 2026Bond - Gov't/Treasury50.69 Cr0.31%
ICICI Bank Ltd.Cash - CD/Time Deposit47.59 Cr0.29%
SBI - Corporate Debt Market Development Fund (CDMDF) - Class A2Mutual Fund - Open End42.33 Cr0.26%
08.20 Up SDL 2025Bond - Gov't/Treasury25.1 Cr0.15%
08.29 RJ Sdl 2025Bond - Gov't/Treasury25.06 Cr0.15%
Pilani Investments And Industries Corporation LimitedCash - Commercial Paper24.98 Cr0.15%
Canara BankCash - CD/Time Deposit23.48 Cr0.14%
08.23 CG Sdl 2025Bond - Gov't/Treasury10.1 Cr0.06%
08.17 Tn SDL 2025Bond - Gov't/Treasury10.09 Cr0.06%
Canara BankCash - CD/Time Deposit9.45 Cr0.06%
08.27 Tn SDL 2026Bond - Gov't/Treasury6.07 Cr0.04%
Interest Rate Swaps Pay Fix Receive Floating -Icisecpd (13/09/2025) (Fv 150Interest Rate Swap-0.11 Cr0.00%
Interest Rate Swaps Pay Fix Receive Floating -Hsbc Bank (07/08/2025) (Fv 25Interest Rate Swap-0.09 Cr0.00%
Interest Rate Swaps Pay Fix Receive Floating -Icisecpd (10/09/2025) (Fv 500Interest Rate Swap-0.04 Cr0.00%
Interest Rate Swaps Pay Fix Receive Floating -Icici Bank (11/09/2025) (Fv 5Interest Rate Swap-0.03 Cr0.00%

Allocation By Credit Quality (Debt)

AAA

Other Allocation

Equity Sector

Debt & Others

InstrumentsAmount sortHoldings sort
Cash - CD/Time Deposit7,534.99 Cr45.43%
Cash - Commercial Paper3,862.8 Cr23.29%
Bond - Gov't/Treasury2,074.96 Cr12.51%
Bond - Gov't Agency Debt1,726.17 Cr10.41%
Bond - Corporate Bond797.28 Cr4.81%
Cash - Repurchase Agreement488.82 Cr2.95%
Bond - Short-term Government Bills141.09 Cr0.85%
Cash - Collateral-80.96 Cr0.49%
Mutual Fund - Open End42.33 Cr0.26%
Interest Rate Swap-0.27 Cr0.00%

Risk & Performance Ratios

Standard Deviation

This fund

0.46%

Cat. avg.

0.62%

Lower the better

Sharpe Ratio

This fund

1.51

Cat. avg.

-0.03

Higher the better

Sortino Ratio

This fund

--

Cat. avg.

0.26

Higher the better

Fund Managers

Devang Shah

Devang Shah

Since August 2019

AP

Aditya Pagaria

Since August 2019

SJ

Sachin Jain

Since November 2021

Additional Scheme Detailsas of 15th March 2025

ISIN
INF846K01Q62
Expense Ratio
0.16%
Exit Load
No Charges
Fund Size
₹16,587 Cr
Age
5 years 7 months
Lumpsum Minimum
₹5,000
Fund Status
Open Ended Investment Company
Benchmark
Nifty Money Market TR INR

Investment ObjectiveInvestment 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

iconCapital Gains Taxation:

iconDividend Taxation:

info icon

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.

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Fund nameExpense RatioExit LoadFund size
1Y
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Low to Moderate Risk

0.8%0.0%₹1378.11 Cr7.0%
Union Money Market Fund Direct Growth

Low to Moderate Risk

0.2%0.0%₹197.96 Cr7.5%
Union Money Market Fund Regular Growth

Low to Moderate Risk

0.9%0.0%₹197.96 Cr6.7%
TRUSTMF Money Market Fund Direct Growth

Low to Moderate Risk

0.2%0.0%₹88.71 Cr7.6%
TRUSTMF Money Market Fund Regular Growth

Low to Moderate Risk

0.5%0.0%₹88.71 Cr7.4%
LIC MF Money Market Fund Direct Growth

Low Risk

0.6%0.0%₹19.94 Cr6.4%
LIC MF Money Market Fund Regular Growth

Low Risk

1.0%0.0%₹19.94 Cr5.9%
Tata Money Market Fund Regular Growth

Low to Moderate Risk

0.4%0.0%₹26845.19 Cr7.7%
Franklin India Money Market Fund Regular Growth

Low to Moderate Risk

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Low to Moderate Risk

0.4%0.0%₹27929.77 Cr7.7%

About the AMC

Axis Mutual Fund

Axis Mutual Fund

Total AUM

₹3,16,417 Cr

Address

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

Other Funds by Axis Mutual Fund

Fund nameExpense RatioExit LoadFund 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%₹60.15 Cr7.3%
Axis India Manufacturing Fund Direct Growth

Very High Risk

0.5%1.0%₹4926.22 Cr10.5%
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%₹92.41 Cr7.8%
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%₹76.51 Cr7.6%
Axis Nifty SDL September 2026 Debt Index Fund Direct Growth

Low to Moderate Risk

0.2%0.0%₹75.74 Cr8.2%
Axis Banking & PSU Debt Fund Direct Growth

Moderate Risk

0.3%0.0%₹12911.64 Cr8.3%
Axis Global Equity Alpha Fund of Fund Direct Growth

Very High Risk

0.9%1.0%₹862.06 Cr12.0%
Axis Nifty Smallcap 50 Index Fund Direct Growth

Very High Risk

0.3%0.0%₹398.51 Cr9.7%
Axis Flexi Cap Fund Direct Growth

Very High Risk

0.7%1.0%₹11115.75 Cr11.5%
Axis Money Market Fund Direct Growth

Moderate Risk

0.2%0.0%₹16587.21 Cr7.9%
Axis Equity Hybrid Fund Direct Growth

Very High Risk

1.1%1.0%₹1440.65 Cr12.4%
Axis Special Situations Fund Direct Growth

Very High Risk

1.3%1.0%₹1071.19 Cr9.7%
Axis Corporate Debt Fund Direct Growth

Moderate Risk

0.3%0.0%₹5968.70 Cr8.9%
Axis ESG Equity Fund Direct Growth

Very High Risk

1.4%1.0%₹1163.13 Cr6.5%
Axis Arbitrage Fund Direct Growth

Low Risk

0.3%0.0%₹5780.54 Cr7.8%
Axis Greater China Equity Fund of Fund Direct Growth

Very High Risk

0.5%1.0%₹402.66 Cr19.4%
Axis Value Fund Direct Growth

Very High Risk

0.9%1.0%₹742.48 Cr14.9%
Axis All Seasons Debt Fund of Funds Direct Growth

Moderate Risk

0.2%0.0%₹148.37 Cr9.1%
Axis Gilt Fund Direct Growth

Moderate Risk

0.4%0.0%₹918.09 Cr10.2%
Axis Bluechip Fund Direct Growth

Very High Risk

0.7%1.0%₹30517.08 Cr7.1%
Axis Dynamic Bond Fund Direct Growth

Moderate Risk

0.3%0.0%₹1334.23 Cr8.9%
Axis Gold Fund Direct Growth

High Risk

0.2%1.0%₹869.00 Cr31.2%
Axis Focused 25 Fund Direct Growth

Very High Risk

0.8%1.0%₹11556.73 Cr6.6%
Axis Regular Saver Fund Direct Growth

Very High Risk

0.9%1.0%₹267.48 Cr9.7%
Axis Strategic Bond Fund Direct Growth

Moderately High risk

0.6%1.0%₹1934.39 Cr9.4%
Axis Long Term Equity Fund Direct Growth

Very High Risk

0.8%0.0%₹32174.34 Cr8.5%
Axis Short Term Fund Direct Growth

Low to Moderate Risk

0.4%0.0%₹8922.62 Cr8.8%
Axis Liquid Fund Direct Growth

Low to Moderate Risk

0.1%0.0%₹44666.25 Cr7.4%
Axis Multi Asset Allocation Fund Direct Growth

Very High Risk

1.1%1.0%₹1270.15 Cr13.4%
Axis Midcap Fund Direct Growth

Very High Risk

0.6%1.0%₹26087.92 Cr13.7%
Axis Treasury Advantage Fund Direct Growth

Low to Moderate Risk

0.3%0.0%₹5947.72 Cr8.1%
Axis Equity Saver Fund Direct Growth

Moderately High risk

1.0%1.0%₹929.60 Cr8.5%
Axis Balanced Advantage Fund Direct Growth

Moderately High risk

0.8%1.0%₹2625.19 Cr13.5%
Axis Nifty Midcap 50 Index Fund Direct Growth

Low Risk

0.3%0.0%₹371.77 Cr8.4%
Axis Nifty IT Index Fund Direct Growth

Very High Risk

0.3%0.0%₹126.33 Cr10.0%
Axis CRISIL IBX 50:50 Gilt Plus SDL September 2027 Index Fund Direct Growth

Low to Moderate Risk

0.1%0.0%₹32.60 Cr8.3%
Axis Credit Risk Fund Direct Growth

High Risk

0.8%1.0%₹381.97 Cr9.0%
Axis Ultra Short Term Fund Direct Growth

Moderate Risk

0.4%0.0%₹5297.38 Cr7.9%
Axis Multicap Fund Direct Growth

Very High Risk

0.8%1.0%₹6347.87 Cr16.1%
Axis CRISIL IBX 50:50 Gilt Plus SDL June 2028 Index Fund Direct Growth

Low to Moderate Risk

0.2%0.0%₹75.10 Cr8.6%
Axis Nifty AAA Bond Plus SDL Apirl 2026 50:50 ETF Fund Of Funds Direct Growth

Low to Moderate Risk

0.1%0.0%₹278.60 Cr6.7%
Axis Silver Fund of Funds Direct Growth

Very High Risk

0.2%0.0%₹71.86 Cr32.7%
Axis Nifty Next 50 Index Fund Direct Growth

Very High Risk

0.1%0.0%₹268.82 Cr6.2%
Axis CRISIL IBX 70:30 CPSE Plus SDL April 2025 Index Fund Direct Growth

Low Risk

0.2%0.0%₹456.07 Cr7.5%
Axis Long Duration Fund Direct Growth

Moderate Risk

0.3%0.0%₹474.13 Cr9.9%
Axis Nifty 50 Index Fund Direct Growth

Very High Risk

0.1%0.0%₹589.55 Cr7.7%

Still got questions?
We're here to help.

The NAV of Axis Money Market Fund Direct Growth, as of 27-Mar-2025, is ₹1412.91.
The fund has generated 7.90% over the last 1 year and 7.08% over the last 3 years. However, this does not guarantee that the fund will perform similarly in the future.
The fund's allocation of assets is distributed as 0.00% in equities, 28.42% in bonds, and 71.32% in cash and cash equivalents.
The fund managers responsible for Axis Money Market Fund Direct Growth are:-
  1. Devang Shah
  2. Aditya Pagaria
  3. Sachin Jain
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