AX
Axis Money Market Fund Direct Growth
Latest NAV
+6.60% 1Y
Sign In to Add to Portfolio
Benchmark: NIFTY Money Market Index A-I
Expense ratio
0.16%
AUM
₹21,046 Cr
Min SIP
₹100
Min lump sum
₹100
1Y
+6.60%
3Y (ann.)
+7.47%
5Y (ann.)
+6.79%
Launched
Aug 2019
Where the NAV sits & how risky it is
₹1,569.00
52-week range
at 100%
₹1,569.00
Low 06 Oct 2025₹1,472.26
High 01 Oct 2026₹1,567.75
Risk level
Moderately Low
Low
Very high
NAV history
07 Aug 2019
Since inception
05 Oct 2026
Returns by period
1W
+0.13%
1M
+0.52%
3M
+1.61%
6M
+3.67%
1Y
+6.60%
3Y
+7.47%
5Y
+6.79%
3Y and 5Y returns are annualised.
Return calculator
You invest
—
Est. gain
—
Est. value
—
Invested Gain
Invested
Projected value
min SIP ₹100
Estimate only. It assumes the selected past return repeats every year; 3Y and 5Y figures are taken as annualised. Actual returns vary and are not guaranteed.
Where your money goes
Sector allocation is published for schemes that buy shares directly. This is a debt scheme.
About this scheme
To generate regular income through investment in a portfolio comprising of money market instruments. However, there can be no assurance that the investment objective of the Scheme will be achieved.
Fund manager(s): Devang Shah, Aditya Pagaria, Sachin Jain
Exit load: No charges for withdrawal
Scheme snapshot
VR Rating
MS Rating
Plan
Growth
Type
DIRECT
Inception
06 Aug 2019
Lump-sum min
₹100
SIP
Purchase
Switch
STP
SWP
Similar schemes
RANKED BY 1Y RETURN
Bank of India Credit Risk Fund Direct Growth
1▲ 10.6 pts ahead of this fund
Aditya Birla Sun Life Credit Risk Fund Direct Growth
2▲ 5.4 pts ahead of this fund
DSP Credit Risk Fund Direct Growth
3▲ 4.2 pts ahead of this fund
Jm Dynamic Term Fund Direct Plan Half Yearly Bonus Option Principal Units
4▲ 2.5 pts ahead of this fund
Aditya Birla Sun Life Medium Term Fund Direct Growth
5▲ 1.8 pts ahead of this fund
Baroda BNP Paribas Banking & PSU Bond Fund Direct Growth
6▲ 1.6 pts ahead of this fund