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Fund Overview

Fund Size

Fund Size

₹15,464 Cr

Expense Ratio

Expense Ratio

0.32%

ISIN

ISIN

INF846K01R46

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 Regular Growth is a Money Market mutual fund schemes offered by Axis Mutual Fund. This fund has been in existence for 5 years, 5 months and 16 days, having been launched on 06-Aug-19.
As of 21-Jan-25, it has a Net Asset Value (NAV) of ₹1381.14, Assets Under Management (AUM) of 15463.84 Crores, and an expense ratio of 0.32%.
  • Axis Money Market Fund Regular Growth has given a CAGR return of 6.09% since inception.
  • The fund's asset allocation comprises around 0.00% in equities, 7.57% in debts, and 92.20% in cash & cash equivalents.
  • You can start investing in Axis Money Market Fund Regular 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

+7.74%

+6.69% (Cat Avg.)

3 Years

+6.67%

+6.14% (Cat Avg.)

5 Years

+5.97%

+5.49% (Cat Avg.)

Since Inception

+6.09%

(Cat Avg.)

Portfolio Summaryas of 31st December 2024

Debt1,170.83 Cr7.57%
Others14,293.01 Cr92.43%

Top Holdings

All Holdings

Equity

Debt & Others

NameType sortAmount sortHoldings sort
Export-Import Bank Of IndiaCash - Commercial Paper680.61 Cr3.71%
Clearing Corporation Of India LtdCash - Repurchase Agreement655.35 Cr3.58%
HDFC Bank LimitedCash - CD/Time Deposit594.3 Cr3.24%
Small Industries Development Bank Of IndiaCash - CD/Time Deposit497.11 Cr2.71%
HDFC Bank Ltd.Bond - Corporate Bond333.07 Cr1.82%
Indusind Bank LimitedCash - CD/Time Deposit327.87 Cr1.79%
The Federal Bank LimitedCash - CD/Time Deposit327.59 Cr1.79%
Small Industries Development Bank Of IndiaCash - Commercial Paper314.45 Cr1.72%
National Bank For Agriculture And Rural DevelopmentCash - CD/Time Deposit297.59 Cr1.62%
182 DTB 18102024Bond - Gov't/Treasury297.43 Cr1.62%
IDBI Bank LtdBond - Gov't Agency Debt296.36 Cr1.62%
Bank Of BarodaCash - CD/Time Deposit292.35 Cr1.60%
Bharti Telecom LimitedCash - Commercial Paper284.25 Cr1.55%
HDFC Bank LimitedCash - CD/Time Deposit282.59 Cr1.54%
Small Industries Development Bank Of IndiaCash - CD/Time Deposit250 Cr1.36%
Kotak Securities LimitedCash - Commercial Paper247.05 Cr1.35%
Punjab National BankCash - CD/Time Deposit243.97 Cr1.33%
Indian BankCash - CD/Time Deposit243.58 Cr1.33%
IDFC First Bank LimitedCash - CD/Time Deposit243.33 Cr1.33%
IDFC First Bank LimitedCash - CD/Time Deposit242.92 Cr1.33%
Panatone Finvest LimitedCash - Commercial Paper239.03 Cr1.30%
Punjab National BankCash - CD/Time Deposit223.22 Cr1.22%
HDFC Bank LimitedCash - CD/Time Deposit222.83 Cr1.22%
Punjab National BankCash - CD/Time Deposit199.18 Cr1.09%
Punjab National BankCash - CD/Time Deposit199.14 Cr1.09%
India (Republic of)Bond - Short-term Government Bills198.77 Cr1.08%
91 Days Tbill Red 27-02-2025Bond - Gov't/Treasury198.52 Cr1.08%
Reliance Jio Infocomm LimitedCash - Commercial Paper197.79 Cr1.08%
ICICI Securities LimitedCash - Commercial Paper197.62 Cr1.08%
Sundaram Finance Ltd.Cash - Commercial Paper195.63 Cr1.07%
Bank Of BarodaCash - CD/Time Deposit195.61 Cr1.07%
Small Industries Development Bank Of IndiaCash - Commercial Paper194.65 Cr1.06%
Indusind Bank Ltd.Cash - CD/Time Deposit194.27 Cr1.06%
364 DTB 23-Oct-2025Bond - Gov't/Treasury190.24 Cr1.04%
Bharti Telecom LimitedCash - Commercial Paper188.32 Cr1.03%
Small Industries Dev Bank Of IndiaCash - CD/Time Deposit188.29 Cr1.03%
ICICI Bank Ltd.Bond - Corporate Bond188.09 Cr1.03%
Indian BankCash - CD/Time Deposit187.31 Cr1.02%
Small Industries Development Bank Of IndiaCash - CD/Time Deposit187.25 Cr1.02%
The Federal Bank LimitedCash - CD/Time Deposit173.13 Cr0.94%
HDFC Bank LimitedCash - CD/Time Deposit173.11 Cr0.94%
07.89 GJ Sdl 2025Bond - Gov't/Treasury150.54 Cr0.82%
Icici Securities LimitedCash - Commercial Paper149.62 Cr0.82%
Network18 Media & Investments LimitedCash - Commercial Paper148.72 Cr0.81%
Bank Of BarodaCash - CD/Time Deposit145.67 Cr0.80%
ICICI Securities LimitedCash - Commercial Paper145.34 Cr0.79%
08.25 MH Sdl 2025Bond - Gov't/Treasury140.64 Cr0.77%
Kotak Mahindra Bank LimitedCash - CD/Time Deposit140.54 Cr0.77%
Indusind Bank LimitedCash - CD/Time Deposit140.32 Cr0.77%
Kotak Mahindra Bank LimitedCash - CD/Time Deposit139.35 Cr0.76%
364 DTB 13022025Bond - Gov't/Treasury134.33 Cr0.73%
Kotak Mahindra Bank Limited (Formerly Kotak Mahindra Finance Limited)Cash - CD/Time Deposit123.78 Cr0.68%
Union Bank of IndiaCash - CD/Time Deposit123.31 Cr0.67%
Infina Finance Private LimitedCash - Commercial Paper118.37 Cr0.65%
Bank Of IndiaCash - CD/Time Deposit117.16 Cr0.64%
Canara BankCash - CD/Time Deposit116.57 Cr0.64%
Net Receivables / (Payables)Cash - Collateral107.34 Cr0.59%
06.03 RJ Sdl 2025Bond - Gov't/Treasury99.93 Cr0.55%
364 DTB 02052024Bond - Gov't/Treasury99.88 Cr0.55%
Export Import Bank Of IndiaCash - Commercial Paper99.84 Cr0.54%
05.89 AP Sdl 2025Bond - Gov't/Treasury99.75 Cr0.54%
Shriram Housing Finance LimitedCash - Commercial Paper99.4 Cr0.54%
Piramal Enterprises LimitedCash - Commercial Paper99.35 Cr0.54%
Indusind Bank Ltd.Cash - CD/Time Deposit99.34 Cr0.54%
Kotak Mahindra Bank LimitedCash - CD/Time Deposit99.31 Cr0.54%
364 DTBBond - Gov't/Treasury99.26 Cr0.54%
Icici Securities LimitedCash - Commercial Paper99.25 Cr0.54%
Indusind Bank LimitedCash - CD/Time Deposit99.23 Cr0.54%
360 One Wam LimitedCash - Commercial Paper99.22 Cr0.54%
Indusind Bank Ltd.Cash - CD/Time Deposit99.21 Cr0.54%
ICICI Securities LimitedCash - Commercial Paper99.16 Cr0.54%
Bank Of BarodaCash - CD/Time Deposit99.1 Cr0.54%
Reliance Jio Infocomm LimitedCash - Commercial Paper99.01 Cr0.54%
360 One Prime LimitedCash - Commercial Paper98.92 Cr0.54%
Indian BankCash - CD/Time Deposit98.9 Cr0.54%
Tata Projects LimitedCash - Commercial Paper98.89 Cr0.54%
Infina Finance Private LimitedCash - Commercial Paper98.79 Cr0.54%
Piramal Capital & Housing Finance LimitedCash - Commercial Paper98.48 Cr0.54%
Infina Finance Private LimitedCash - Commercial Paper97.56 Cr0.53%
HDFC Bank LimitedCash - CD/Time Deposit97.23 Cr0.53%
Piramal Capital & Housing Finance LimitedCash - Commercial Paper97.22 Cr0.53%
Indian BankCash - CD/Time Deposit97.1 Cr0.53%
Mindspace Business Parks ReitCash - Commercial Paper97.02 Cr0.53%
Phoenix Arc Private LimitedCash - Commercial Paper96.74 Cr0.53%
08.14 MH Sdl 2025Bond - Gov't/Treasury95.46 Cr0.52%
Standard Chartered Investments And Loans (India) LimitedCash - Commercial Paper94.83 Cr0.52%
Tata Capital Housing Finance LimitedCash - Commercial Paper94.64 Cr0.52%
Federal Bank Ltd.Bond - Corporate Bond93.76 Cr0.51%
Kotak Mahindra Bank LimitedCash - CD/Time Deposit93.57 Cr0.51%
Icici Securities LimitedCash - Commercial Paper89 Cr0.49%
Cp Mankind Pharma LtdCash - Commercial Paper80.18 Cr0.44%
Icici Securities LimitedCash - Commercial Paper74.89 Cr0.41%
Godrej Finance Ltd.Cash - Commercial Paper74.5 Cr0.41%
Export-Import Bank of IndiaCash - Commercial Paper74.22 Cr0.41%
Bank Of BarodaCash - CD/Time Deposit74.22 Cr0.41%
Birla Group Holdings Private LimitedCash - Commercial Paper74.12 Cr0.40%
Infina Finance Private LimitedCash - Commercial Paper72.57 Cr0.40%
Motilal Oswal Financial Services LimitedCash - Commercial Paper72.51 Cr0.40%
08.10 Wb SDL 2025Bond - Gov't/Treasury71.11 Cr0.39%
182 DTB 17012025Bond - Gov't/Treasury70.61 Cr0.39%
364 DTBBond - Gov't/Treasury60 Cr0.33%
Hsbc Investdirect Financial Services (India) LimitedCash - Commercial Paper58.14 Cr0.32%
Larsen And Toubro LimitedCash - Commercial Paper49.85 Cr0.27%
Motilal Oswal Financial Services LtdCash - Commercial Paper49.77 Cr0.27%
Motilal Oswal Financial Services LtdCash - Commercial Paper49.76 Cr0.27%
Bharti Telecom LimitedCash - Commercial Paper49.58 Cr0.27%
Tata Projects Limited 2025Cash - Commercial Paper49.52 Cr0.27%
Canara BankCash - CD/Time Deposit49.51 Cr0.27%
Infina Finance Private LimitedCash - Commercial Paper49.49 Cr0.27%
Union Bank Of IndiaCash - CD/Time Deposit49.4 Cr0.27%
Canara BankCash - CD/Time Deposit49.38 Cr0.27%
Birla Group Holdings Private LimitedCash - Commercial Paper48.47 Cr0.26%
08.27 HR Sdl 2025Bond - Gov't/Treasury45.21 Cr0.25%
SBI - Corporate Debt Market Development Fund (CDMDF) - Class A2Mutual Fund - Open End41.86 Cr0.23%
08.10 Tn SDL 2025Bond - Gov't/Treasury35.08 Cr0.19%
08.07 GJ Sdl 2025Bond - Gov't/Treasury26.02 Cr0.14%
08.20 Up SDL 2025Bond - Gov't/Treasury25.15 Cr0.14%
08.29 RJ Sdl 2025Bond - Gov't/Treasury25.12 Cr0.14%
6.89% Govt Stock 2025Bond - Gov't/Treasury25 Cr0.14%
HDFC Bank Ltd.Cash - CD/Time Deposit24.94 Cr0.14%
Birla Group Holdings Private LimitedCash - Commercial Paper24.9 Cr0.14%
Birla Group Holdings Private LimitedCash - Commercial Paper24.89 Cr0.14%
Union Bank of IndiaBond - Gov't Agency Debt24.82 Cr0.14%
Aditya Birla Finance LimitedCash - Commercial Paper24.8 Cr0.14%
Julius Baer Capital India Pvt LtdCash - Commercial Paper24.78 Cr0.14%
LIC Housing Finance Ltd.Cash - Commercial Paper24.7 Cr0.13%
Pilani Investment And Industries Corporation Ltd.Cash - Commercial Paper24.66 Cr0.13%
07.95 OIL SPL 2025Bond - Gov't Agency Debt20 Cr0.11%
08.09 KL Sdl 2025Bond - Gov't/Treasury15.03 Cr0.08%
08.07 Tn SDL 2025febBond - Gov't/Treasury15.01 Cr0.08%
08.06 RJ Sdl 2025Bond - Gov't/Treasury14.81 Cr0.08%
08.07 Tn SDL 2025Bond - Gov't/Treasury10 Cr0.05%
Indusind Bank Ltd.Cash - CD/Time Deposit9.99 Cr0.05%
08.05 MH Sdl 2025Bond - Gov't/Treasury5 Cr0.03%
National Bank for Agriculture and Rural DevelopmentCash - CD/Time Deposit4.97 Cr0.03%
Interest Rate Swaps Pay Fix Receive Floating -Icisecpd (15/09/2025) (Fv 150Interest Rate Swap0.15 Cr0.00%
Interest Rate Swaps Pay Fix Receive Floating -Icici Bank (11/09/2025) (Fv 5Interest Rate Swap0.06 Cr0.00%
Interest Rate Swaps Pay Fix Receive Floating -Icisecpd (10/09/2025) (Fv 500Interest Rate Swap0.04 Cr0.00%

Allocation By Credit Quality (Debt)

AAA

Other Allocation

Equity Sector

Debt & Others

InstrumentsAmount sortHoldings sort
Cash - CD/Time Deposit8,178.63 Cr44.64%
Cash - Commercial Paper6,135.14 Cr33.48%
Bond - Gov't/Treasury2,049.13 Cr11.18%
Cash - Repurchase Agreement655.35 Cr3.58%
Bond - Corporate Bond614.92 Cr3.36%
Bond - Gov't Agency Debt341.19 Cr1.86%
Bond - Short-term Government Bills198.77 Cr1.08%
Cash - Collateral107.34 Cr0.59%
Mutual Fund - Open End41.86 Cr0.23%
Interest Rate Swap0.25 Cr0.00%

Risk & Performance Ratios

Standard Deviation

This fund

0.49%

Cat. avg.

0.67%

Lower the better

Sharpe Ratio

This fund

0.95

Cat. avg.

-0.16

Higher the better

Sortino Ratio

This fund

--

Cat. avg.

0.10

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 31st December 2024

ISIN
INF846K01R46
Expense Ratio
0.32%
Exit Load
No Charges
Fund Size
₹15,464 Cr
Age
5 years 5 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%₹1232.92 Cr7.0%
Union Money Market Fund Direct Growth

Low to Moderate Risk

0.2%0.0%₹172.67 Cr7.5%
Union Money Market Fund Regular Growth

Low to Moderate Risk

0.9%0.0%₹172.67 Cr6.7%
TRUSTMF Money Market Fund Direct Growth

Low to Moderate Risk

0.2%0.0%₹82.02 Cr7.6%
TRUSTMF Money Market Fund Regular Growth

Low to Moderate Risk

0.5%0.0%₹82.02 Cr7.4%
LIC MF Money Market Fund Direct Growth

Low Risk

0.6%0.0%₹21.98 Cr6.5%
LIC MF Money Market Fund Regular Growth

Low Risk

1.0%0.0%₹21.98 Cr6.0%
Tata Money Market Fund Regular Growth

Low to Moderate Risk

0.4%0.0%₹24751.04 Cr7.7%
Franklin India Money Market Fund Regular Growth

Low to Moderate Risk

0.3%0.0%₹2373.75 Cr7.6%
HDFC Money Market Fund Regular Growth

Low to Moderate Risk

0.4%0.0%₹24760.61 Cr7.7%

About the AMC

Axis Mutual Fund

Axis Mutual Fund

Total AUM

₹3,16,614 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%₹61.84 Cr5.4%
Axis India Manufacturing Fund Direct Growth

Very High Risk

0.4%1.0%₹5958.01 Cr26.7%
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%₹91.86 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%₹76.11 Cr7.7%
Axis Nifty SDL September 2026 Debt Index Fund Direct Growth

Low to Moderate Risk

0.2%0.0%₹75.75 Cr8.2%
Axis Banking & PSU Debt Fund Direct Growth

Moderate Risk

0.3%0.0%₹12915.80 Cr7.9%
Axis Global Equity Alpha Fund of Fund Direct Growth

Very High Risk

0.9%1.0%₹823.87 Cr27.0%
Axis Nifty Smallcap 50 Index Fund Direct Growth

Very High Risk

0.3%0.0%₹459.80 Cr15.2%
Axis Flexi Cap Fund Direct Growth

Very High Risk

0.7%1.0%₹7034.33 Cr15.7%
Axis Money Market Fund Direct Growth

Moderate Risk

0.2%0.0%₹15463.84 Cr7.9%
Axis Equity Hybrid Fund Direct Growth

Very High Risk

1.1%1.0%₹1576.01 Cr14.0%
Axis Special Situations Fund Direct Growth

Very High Risk

1.3%1.0%₹1221.86 Cr25.2%
Axis Corporate Debt Fund Direct Growth

Moderate Risk

0.3%0.0%₹6047.62 Cr8.8%
Axis ESG Equity Fund Direct Growth

Very High Risk

1.3%1.0%₹1300.08 Cr13.4%
Axis Arbitrage Fund Direct Growth

Low Risk

0.3%0.0%₹5913.10 Cr8.1%
Axis Greater China Equity Fund of Fund Direct Growth

Very High Risk

0.5%1.0%₹331.22 Cr24.2%
Axis Value Fund Direct Growth

Very High Risk

0.9%1.0%₹807.64 Cr22.7%
Axis All Seasons Debt Fund of Funds Direct Growth

Moderate Risk

0.2%0.0%₹137.40 Cr8.8%
Axis Gilt Fund Direct Growth

Moderate Risk

0.4%0.0%₹933.76 Cr10.3%
Axis Bluechip Fund Direct Growth

Very High Risk

0.7%1.0%₹33126.83 Cr9.9%
Axis Dynamic Bond Fund Direct Growth

Moderate Risk

0.3%0.0%₹1411.83 Cr8.8%
Axis Gold Fund Direct Growth

High Risk

0.2%1.0%₹706.42 Cr26.8%
Axis Focused 25 Fund Direct Growth

Very High Risk

0.8%1.0%₹13068.33 Cr10.2%
Axis Regular Saver Fund Direct Growth

Very High Risk

1.0%1.0%₹291.55 Cr8.8%
Axis Strategic Bond Fund Direct Growth

Moderately High risk

0.5%1.0%₹1986.47 Cr9.4%
Axis Long Term Equity Fund Direct Growth

Very High Risk

0.8%0.0%₹35953.73 Cr13.7%
Axis Short Term Fund Direct Growth

Moderate Risk

0.3%0.0%₹8878.51 Cr8.6%
Axis Liquid Fund Direct Growth

Low to Moderate Risk

0.1%0.0%₹30917.01 Cr7.5%
Axis Multi Asset Allocation Fund Direct Growth

Very High Risk

1.0%1.0%₹1273.24 Cr14.9%
Axis Midcap Fund Direct Growth

Very High Risk

0.5%1.0%₹30828.75 Cr21.3%
Axis Treasury Advantage Fund Direct Growth

Low to Moderate Risk

0.3%0.0%₹5843.40 Cr8.0%
Axis Equity Saver Fund Direct Growth

Moderately High risk

1.0%1.0%₹994.42 Cr10.0%
Axis Balanced Advantage Fund Direct Growth

Moderately High risk

0.8%1.0%₹2633.81 Cr16.4%
Axis Nifty Midcap 50 Index Fund Direct Growth

Low Risk

0.3%0.0%₹422.57 Cr11.1%
Axis Nifty IT Index Fund Direct Growth

Very High Risk

0.3%0.0%₹141.21 Cr14.6%
Axis CRISIL IBX 50:50 Gilt Plus SDL September 2027 Index Fund Direct Growth

Low to Moderate Risk

0.1%0.0%₹32.16 Cr8.2%
Axis Credit Risk Fund Direct Growth

Moderately High risk

0.8%1.0%₹414.72 Cr8.9%
Axis Ultra Short Term Fund Direct Growth

Moderate Risk

0.4%0.0%₹5996.43 Cr7.9%
Axis Multicap Fund Direct Growth

Very High Risk

0.7%1.0%₹7034.33 Cr23.7%
Axis CRISIL IBX 50:50 Gilt Plus SDL June 2028 Index Fund Direct Growth

Low to Moderate Risk

0.2%0.0%₹73.51 Cr8.4%
Axis Nifty AAA Bond Plus SDL Apirl 2026 50:50 ETF Fund Of Funds Direct Growth

Low to Moderate Risk

0.1%0.0%₹276.34 Cr7.1%
Axis Silver Fund of Funds Direct Growth

Very High Risk

0.2%0.0%₹63.61 Cr25.6%
Axis Nifty Next 50 Index Fund Direct Growth

Very High Risk

0.3%0.0%₹299.81 Cr16.2%
Axis CRISIL IBX 70:30 CPSE Plus SDL April 2025 Index Fund Direct Growth

Low Risk

0.2%0.0%₹456.51 Cr7.6%
Axis Long Duration Fund Direct Growth

Moderate Risk

0.3%0.0%₹527.44 Cr11.3%
Axis Nifty 50 Index Fund Direct Growth

Very High Risk

0.1%0.0%₹579.13 Cr7.5%

Risk Level

Your principal amount will be at Moderate Risk

Moderate Risk
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The NAV of Axis Money Market Fund Regular Growth, as of 21-Jan-2025, is ₹1381.14.
The fund has generated 7.74% over the last 1 year and 6.67% 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, 7.57% in bonds, and 92.20% in cash and cash equivalents.
The fund managers responsible for Axis Money Market Fund Regular Growth are:-
  1. Devang Shah
  2. Aditya Pagaria
  3. Sachin Jain

Fund Overview

Fund Size

Fund Size

₹15,464 Cr

Expense Ratio

Expense Ratio

0.32%

ISIN

ISIN

INF846K01R46

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 Regular Growth is a Money Market mutual fund schemes offered by Axis Mutual Fund. This fund has been in existence for 5 years, 5 months and 16 days, having been launched on 06-Aug-19.
As of 21-Jan-25, it has a Net Asset Value (NAV) of ₹1381.14, Assets Under Management (AUM) of 15463.84 Crores, and an expense ratio of 0.32%.
  • Axis Money Market Fund Regular Growth has given a CAGR return of 6.09% since inception.
  • The fund's asset allocation comprises around 0.00% in equities, 7.57% in debts, and 92.20% in cash & cash equivalents.
  • You can start investing in Axis Money Market Fund Regular 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

+7.74%

+6.69% (Cat Avg.)

3 Years

+6.67%

+6.14% (Cat Avg.)

5 Years

+5.97%

+5.49% (Cat Avg.)

Since Inception

+6.09%

(Cat Avg.)

Portfolio Summaryas of 31st December 2024

Debt1,170.83 Cr7.57%
Others14,293.01 Cr92.43%

Top Holdings

All Holdings

Equity

Debt & Others

NameType sortAmount sortHoldings sort
Export-Import Bank Of IndiaCash - Commercial Paper680.61 Cr3.71%
Clearing Corporation Of India LtdCash - Repurchase Agreement655.35 Cr3.58%
HDFC Bank LimitedCash - CD/Time Deposit594.3 Cr3.24%
Small Industries Development Bank Of IndiaCash - CD/Time Deposit497.11 Cr2.71%
HDFC Bank Ltd.Bond - Corporate Bond333.07 Cr1.82%
Indusind Bank LimitedCash - CD/Time Deposit327.87 Cr1.79%
The Federal Bank LimitedCash - CD/Time Deposit327.59 Cr1.79%
Small Industries Development Bank Of IndiaCash - Commercial Paper314.45 Cr1.72%
National Bank For Agriculture And Rural DevelopmentCash - CD/Time Deposit297.59 Cr1.62%
182 DTB 18102024Bond - Gov't/Treasury297.43 Cr1.62%
IDBI Bank LtdBond - Gov't Agency Debt296.36 Cr1.62%
Bank Of BarodaCash - CD/Time Deposit292.35 Cr1.60%
Bharti Telecom LimitedCash - Commercial Paper284.25 Cr1.55%
HDFC Bank LimitedCash - CD/Time Deposit282.59 Cr1.54%
Small Industries Development Bank Of IndiaCash - CD/Time Deposit250 Cr1.36%
Kotak Securities LimitedCash - Commercial Paper247.05 Cr1.35%
Punjab National BankCash - CD/Time Deposit243.97 Cr1.33%
Indian BankCash - CD/Time Deposit243.58 Cr1.33%
IDFC First Bank LimitedCash - CD/Time Deposit243.33 Cr1.33%
IDFC First Bank LimitedCash - CD/Time Deposit242.92 Cr1.33%
Panatone Finvest LimitedCash - Commercial Paper239.03 Cr1.30%
Punjab National BankCash - CD/Time Deposit223.22 Cr1.22%
HDFC Bank LimitedCash - CD/Time Deposit222.83 Cr1.22%
Punjab National BankCash - CD/Time Deposit199.18 Cr1.09%
Punjab National BankCash - CD/Time Deposit199.14 Cr1.09%
India (Republic of)Bond - Short-term Government Bills198.77 Cr1.08%
91 Days Tbill Red 27-02-2025Bond - Gov't/Treasury198.52 Cr1.08%
Reliance Jio Infocomm LimitedCash - Commercial Paper197.79 Cr1.08%
ICICI Securities LimitedCash - Commercial Paper197.62 Cr1.08%
Sundaram Finance Ltd.Cash - Commercial Paper195.63 Cr1.07%
Bank Of BarodaCash - CD/Time Deposit195.61 Cr1.07%
Small Industries Development Bank Of IndiaCash - Commercial Paper194.65 Cr1.06%
Indusind Bank Ltd.Cash - CD/Time Deposit194.27 Cr1.06%
364 DTB 23-Oct-2025Bond - Gov't/Treasury190.24 Cr1.04%
Bharti Telecom LimitedCash - Commercial Paper188.32 Cr1.03%
Small Industries Dev Bank Of IndiaCash - CD/Time Deposit188.29 Cr1.03%
ICICI Bank Ltd.Bond - Corporate Bond188.09 Cr1.03%
Indian BankCash - CD/Time Deposit187.31 Cr1.02%
Small Industries Development Bank Of IndiaCash - CD/Time Deposit187.25 Cr1.02%
The Federal Bank LimitedCash - CD/Time Deposit173.13 Cr0.94%
HDFC Bank LimitedCash - CD/Time Deposit173.11 Cr0.94%
07.89 GJ Sdl 2025Bond - Gov't/Treasury150.54 Cr0.82%
Icici Securities LimitedCash - Commercial Paper149.62 Cr0.82%
Network18 Media & Investments LimitedCash - Commercial Paper148.72 Cr0.81%
Bank Of BarodaCash - CD/Time Deposit145.67 Cr0.80%
ICICI Securities LimitedCash - Commercial Paper145.34 Cr0.79%
08.25 MH Sdl 2025Bond - Gov't/Treasury140.64 Cr0.77%
Kotak Mahindra Bank LimitedCash - CD/Time Deposit140.54 Cr0.77%
Indusind Bank LimitedCash - CD/Time Deposit140.32 Cr0.77%
Kotak Mahindra Bank LimitedCash - CD/Time Deposit139.35 Cr0.76%
364 DTB 13022025Bond - Gov't/Treasury134.33 Cr0.73%
Kotak Mahindra Bank Limited (Formerly Kotak Mahindra Finance Limited)Cash - CD/Time Deposit123.78 Cr0.68%
Union Bank of IndiaCash - CD/Time Deposit123.31 Cr0.67%
Infina Finance Private LimitedCash - Commercial Paper118.37 Cr0.65%
Bank Of IndiaCash - CD/Time Deposit117.16 Cr0.64%
Canara BankCash - CD/Time Deposit116.57 Cr0.64%
Net Receivables / (Payables)Cash - Collateral107.34 Cr0.59%
06.03 RJ Sdl 2025Bond - Gov't/Treasury99.93 Cr0.55%
364 DTB 02052024Bond - Gov't/Treasury99.88 Cr0.55%
Export Import Bank Of IndiaCash - Commercial Paper99.84 Cr0.54%
05.89 AP Sdl 2025Bond - Gov't/Treasury99.75 Cr0.54%
Shriram Housing Finance LimitedCash - Commercial Paper99.4 Cr0.54%
Piramal Enterprises LimitedCash - Commercial Paper99.35 Cr0.54%
Indusind Bank Ltd.Cash - CD/Time Deposit99.34 Cr0.54%
Kotak Mahindra Bank LimitedCash - CD/Time Deposit99.31 Cr0.54%
364 DTBBond - Gov't/Treasury99.26 Cr0.54%
Icici Securities LimitedCash - Commercial Paper99.25 Cr0.54%
Indusind Bank LimitedCash - CD/Time Deposit99.23 Cr0.54%
360 One Wam LimitedCash - Commercial Paper99.22 Cr0.54%
Indusind Bank Ltd.Cash - CD/Time Deposit99.21 Cr0.54%
ICICI Securities LimitedCash - Commercial Paper99.16 Cr0.54%
Bank Of BarodaCash - CD/Time Deposit99.1 Cr0.54%
Reliance Jio Infocomm LimitedCash - Commercial Paper99.01 Cr0.54%
360 One Prime LimitedCash - Commercial Paper98.92 Cr0.54%
Indian BankCash - CD/Time Deposit98.9 Cr0.54%
Tata Projects LimitedCash - Commercial Paper98.89 Cr0.54%
Infina Finance Private LimitedCash - Commercial Paper98.79 Cr0.54%
Piramal Capital & Housing Finance LimitedCash - Commercial Paper98.48 Cr0.54%
Infina Finance Private LimitedCash - Commercial Paper97.56 Cr0.53%
HDFC Bank LimitedCash - CD/Time Deposit97.23 Cr0.53%
Piramal Capital & Housing Finance LimitedCash - Commercial Paper97.22 Cr0.53%
Indian BankCash - CD/Time Deposit97.1 Cr0.53%
Mindspace Business Parks ReitCash - Commercial Paper97.02 Cr0.53%
Phoenix Arc Private LimitedCash - Commercial Paper96.74 Cr0.53%
08.14 MH Sdl 2025Bond - Gov't/Treasury95.46 Cr0.52%
Standard Chartered Investments And Loans (India) LimitedCash - Commercial Paper94.83 Cr0.52%
Tata Capital Housing Finance LimitedCash - Commercial Paper94.64 Cr0.52%
Federal Bank Ltd.Bond - Corporate Bond93.76 Cr0.51%
Kotak Mahindra Bank LimitedCash - CD/Time Deposit93.57 Cr0.51%
Icici Securities LimitedCash - Commercial Paper89 Cr0.49%
Cp Mankind Pharma LtdCash - Commercial Paper80.18 Cr0.44%
Icici Securities LimitedCash - Commercial Paper74.89 Cr0.41%
Godrej Finance Ltd.Cash - Commercial Paper74.5 Cr0.41%
Export-Import Bank of IndiaCash - Commercial Paper74.22 Cr0.41%
Bank Of BarodaCash - CD/Time Deposit74.22 Cr0.41%
Birla Group Holdings Private LimitedCash - Commercial Paper74.12 Cr0.40%
Infina Finance Private LimitedCash - Commercial Paper72.57 Cr0.40%
Motilal Oswal Financial Services LimitedCash - Commercial Paper72.51 Cr0.40%
08.10 Wb SDL 2025Bond - Gov't/Treasury71.11 Cr0.39%
182 DTB 17012025Bond - Gov't/Treasury70.61 Cr0.39%
364 DTBBond - Gov't/Treasury60 Cr0.33%
Hsbc Investdirect Financial Services (India) LimitedCash - Commercial Paper58.14 Cr0.32%
Larsen And Toubro LimitedCash - Commercial Paper49.85 Cr0.27%
Motilal Oswal Financial Services LtdCash - Commercial Paper49.77 Cr0.27%
Motilal Oswal Financial Services LtdCash - Commercial Paper49.76 Cr0.27%
Bharti Telecom LimitedCash - Commercial Paper49.58 Cr0.27%
Tata Projects Limited 2025Cash - Commercial Paper49.52 Cr0.27%
Canara BankCash - CD/Time Deposit49.51 Cr0.27%
Infina Finance Private LimitedCash - Commercial Paper49.49 Cr0.27%
Union Bank Of IndiaCash - CD/Time Deposit49.4 Cr0.27%
Canara BankCash - CD/Time Deposit49.38 Cr0.27%
Birla Group Holdings Private LimitedCash - Commercial Paper48.47 Cr0.26%
08.27 HR Sdl 2025Bond - Gov't/Treasury45.21 Cr0.25%
SBI - Corporate Debt Market Development Fund (CDMDF) - Class A2Mutual Fund - Open End41.86 Cr0.23%
08.10 Tn SDL 2025Bond - Gov't/Treasury35.08 Cr0.19%
08.07 GJ Sdl 2025Bond - Gov't/Treasury26.02 Cr0.14%
08.20 Up SDL 2025Bond - Gov't/Treasury25.15 Cr0.14%
08.29 RJ Sdl 2025Bond - Gov't/Treasury25.12 Cr0.14%
6.89% Govt Stock 2025Bond - Gov't/Treasury25 Cr0.14%
HDFC Bank Ltd.Cash - CD/Time Deposit24.94 Cr0.14%
Birla Group Holdings Private LimitedCash - Commercial Paper24.9 Cr0.14%
Birla Group Holdings Private LimitedCash - Commercial Paper24.89 Cr0.14%
Union Bank of IndiaBond - Gov't Agency Debt24.82 Cr0.14%
Aditya Birla Finance LimitedCash - Commercial Paper24.8 Cr0.14%
Julius Baer Capital India Pvt LtdCash - Commercial Paper24.78 Cr0.14%
LIC Housing Finance Ltd.Cash - Commercial Paper24.7 Cr0.13%
Pilani Investment And Industries Corporation Ltd.Cash - Commercial Paper24.66 Cr0.13%
07.95 OIL SPL 2025Bond - Gov't Agency Debt20 Cr0.11%
08.09 KL Sdl 2025Bond - Gov't/Treasury15.03 Cr0.08%
08.07 Tn SDL 2025febBond - Gov't/Treasury15.01 Cr0.08%
08.06 RJ Sdl 2025Bond - Gov't/Treasury14.81 Cr0.08%
08.07 Tn SDL 2025Bond - Gov't/Treasury10 Cr0.05%
Indusind Bank Ltd.Cash - CD/Time Deposit9.99 Cr0.05%
08.05 MH Sdl 2025Bond - Gov't/Treasury5 Cr0.03%
National Bank for Agriculture and Rural DevelopmentCash - CD/Time Deposit4.97 Cr0.03%
Interest Rate Swaps Pay Fix Receive Floating -Icisecpd (15/09/2025) (Fv 150Interest Rate Swap0.15 Cr0.00%
Interest Rate Swaps Pay Fix Receive Floating -Icici Bank (11/09/2025) (Fv 5Interest Rate Swap0.06 Cr0.00%
Interest Rate Swaps Pay Fix Receive Floating -Icisecpd (10/09/2025) (Fv 500Interest Rate Swap0.04 Cr0.00%

Allocation By Credit Quality (Debt)

AAA

Other Allocation

Equity Sector

Debt & Others

InstrumentsAmount sortHoldings sort
Cash - CD/Time Deposit8,178.63 Cr44.64%
Cash - Commercial Paper6,135.14 Cr33.48%
Bond - Gov't/Treasury2,049.13 Cr11.18%
Cash - Repurchase Agreement655.35 Cr3.58%
Bond - Corporate Bond614.92 Cr3.36%
Bond - Gov't Agency Debt341.19 Cr1.86%
Bond - Short-term Government Bills198.77 Cr1.08%
Cash - Collateral107.34 Cr0.59%
Mutual Fund - Open End41.86 Cr0.23%
Interest Rate Swap0.25 Cr0.00%

Risk & Performance Ratios

Standard Deviation

This fund

0.49%

Cat. avg.

0.67%

Lower the better

Sharpe Ratio

This fund

0.95

Cat. avg.

-0.16

Higher the better

Sortino Ratio

This fund

--

Cat. avg.

0.10

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 31st December 2024

ISIN
INF846K01R46
Expense Ratio
0.32%
Exit Load
No Charges
Fund Size
₹15,464 Cr
Age
5 years 5 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%₹1232.92 Cr7.0%
Union Money Market Fund Direct Growth

Low to Moderate Risk

0.2%0.0%₹172.67 Cr7.5%
Union Money Market Fund Regular Growth

Low to Moderate Risk

0.9%0.0%₹172.67 Cr6.7%
TRUSTMF Money Market Fund Direct Growth

Low to Moderate Risk

0.2%0.0%₹82.02 Cr7.6%
TRUSTMF Money Market Fund Regular Growth

Low to Moderate Risk

0.5%0.0%₹82.02 Cr7.4%
LIC MF Money Market Fund Direct Growth

Low Risk

0.6%0.0%₹21.98 Cr6.5%
LIC MF Money Market Fund Regular Growth

Low Risk

1.0%0.0%₹21.98 Cr6.0%
Tata Money Market Fund Regular Growth

Low to Moderate Risk

0.4%0.0%₹24751.04 Cr7.7%
Franklin India Money Market Fund Regular Growth

Low to Moderate Risk

0.3%0.0%₹2373.75 Cr7.6%
HDFC Money Market Fund Regular Growth

Low to Moderate Risk

0.4%0.0%₹24760.61 Cr7.7%

About the AMC

Axis Mutual Fund

Axis Mutual Fund

Total AUM

₹3,16,614 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%₹61.84 Cr5.4%
Axis India Manufacturing Fund Direct Growth

Very High Risk

0.4%1.0%₹5958.01 Cr26.7%
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%₹91.86 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%₹76.11 Cr7.7%
Axis Nifty SDL September 2026 Debt Index Fund Direct Growth

Low to Moderate Risk

0.2%0.0%₹75.75 Cr8.2%
Axis Banking & PSU Debt Fund Direct Growth

Moderate Risk

0.3%0.0%₹12915.80 Cr7.9%
Axis Global Equity Alpha Fund of Fund Direct Growth

Very High Risk

0.9%1.0%₹823.87 Cr27.0%
Axis Nifty Smallcap 50 Index Fund Direct Growth

Very High Risk

0.3%0.0%₹459.80 Cr15.2%
Axis Flexi Cap Fund Direct Growth

Very High Risk

0.7%1.0%₹7034.33 Cr15.7%
Axis Money Market Fund Direct Growth

Moderate Risk

0.2%0.0%₹15463.84 Cr7.9%
Axis Equity Hybrid Fund Direct Growth

Very High Risk

1.1%1.0%₹1576.01 Cr14.0%
Axis Special Situations Fund Direct Growth

Very High Risk

1.3%1.0%₹1221.86 Cr25.2%
Axis Corporate Debt Fund Direct Growth

Moderate Risk

0.3%0.0%₹6047.62 Cr8.8%
Axis ESG Equity Fund Direct Growth

Very High Risk

1.3%1.0%₹1300.08 Cr13.4%
Axis Arbitrage Fund Direct Growth

Low Risk

0.3%0.0%₹5913.10 Cr8.1%
Axis Greater China Equity Fund of Fund Direct Growth

Very High Risk

0.5%1.0%₹331.22 Cr24.2%
Axis Value Fund Direct Growth

Very High Risk

0.9%1.0%₹807.64 Cr22.7%
Axis All Seasons Debt Fund of Funds Direct Growth

Moderate Risk

0.2%0.0%₹137.40 Cr8.8%
Axis Gilt Fund Direct Growth

Moderate Risk

0.4%0.0%₹933.76 Cr10.3%
Axis Bluechip Fund Direct Growth

Very High Risk

0.7%1.0%₹33126.83 Cr9.9%
Axis Dynamic Bond Fund Direct Growth

Moderate Risk

0.3%0.0%₹1411.83 Cr8.8%
Axis Gold Fund Direct Growth

High Risk

0.2%1.0%₹706.42 Cr26.8%
Axis Focused 25 Fund Direct Growth

Very High Risk

0.8%1.0%₹13068.33 Cr10.2%
Axis Regular Saver Fund Direct Growth

Very High Risk

1.0%1.0%₹291.55 Cr8.8%
Axis Strategic Bond Fund Direct Growth

Moderately High risk

0.5%1.0%₹1986.47 Cr9.4%
Axis Long Term Equity Fund Direct Growth

Very High Risk

0.8%0.0%₹35953.73 Cr13.7%
Axis Short Term Fund Direct Growth

Moderate Risk

0.3%0.0%₹8878.51 Cr8.6%
Axis Liquid Fund Direct Growth

Low to Moderate Risk

0.1%0.0%₹30917.01 Cr7.5%
Axis Multi Asset Allocation Fund Direct Growth

Very High Risk

1.0%1.0%₹1273.24 Cr14.9%
Axis Midcap Fund Direct Growth

Very High Risk

0.5%1.0%₹30828.75 Cr21.3%
Axis Treasury Advantage Fund Direct Growth

Low to Moderate Risk

0.3%0.0%₹5843.40 Cr8.0%
Axis Equity Saver Fund Direct Growth

Moderately High risk

1.0%1.0%₹994.42 Cr10.0%
Axis Balanced Advantage Fund Direct Growth

Moderately High risk

0.8%1.0%₹2633.81 Cr16.4%
Axis Nifty Midcap 50 Index Fund Direct Growth

Low Risk

0.3%0.0%₹422.57 Cr11.1%
Axis Nifty IT Index Fund Direct Growth

Very High Risk

0.3%0.0%₹141.21 Cr14.6%
Axis CRISIL IBX 50:50 Gilt Plus SDL September 2027 Index Fund Direct Growth

Low to Moderate Risk

0.1%0.0%₹32.16 Cr8.2%
Axis Credit Risk Fund Direct Growth

Moderately High risk

0.8%1.0%₹414.72 Cr8.9%
Axis Ultra Short Term Fund Direct Growth

Moderate Risk

0.4%0.0%₹5996.43 Cr7.9%
Axis Multicap Fund Direct Growth

Very High Risk

0.7%1.0%₹7034.33 Cr23.7%
Axis CRISIL IBX 50:50 Gilt Plus SDL June 2028 Index Fund Direct Growth

Low to Moderate Risk

0.2%0.0%₹73.51 Cr8.4%
Axis Nifty AAA Bond Plus SDL Apirl 2026 50:50 ETF Fund Of Funds Direct Growth

Low to Moderate Risk

0.1%0.0%₹276.34 Cr7.1%
Axis Silver Fund of Funds Direct Growth

Very High Risk

0.2%0.0%₹63.61 Cr25.6%
Axis Nifty Next 50 Index Fund Direct Growth

Very High Risk

0.3%0.0%₹299.81 Cr16.2%
Axis CRISIL IBX 70:30 CPSE Plus SDL April 2025 Index Fund Direct Growth

Low Risk

0.2%0.0%₹456.51 Cr7.6%
Axis Long Duration Fund Direct Growth

Moderate Risk

0.3%0.0%₹527.44 Cr11.3%
Axis Nifty 50 Index Fund Direct Growth

Very High Risk

0.1%0.0%₹579.13 Cr7.5%

Still got questions?
We're here to help.

The NAV of Axis Money Market Fund Regular Growth, as of 21-Jan-2025, is ₹1381.14.
The fund has generated 7.74% over the last 1 year and 6.67% 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, 7.57% in bonds, and 92.20% in cash and cash equivalents.
The fund managers responsible for Axis Money Market Fund Regular Growth are:-
  1. Devang Shah
  2. Aditya Pagaria
  3. Sachin Jain
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