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OmniAsset › Mutual funds › Axis Money Market Fund

Axis Money Market Fund

Money Market fund benchmarked to NIFTY Money Market Index A-I. Every figure below is read from one dated snapshot; what the snapshot cannot prove is left out, never estimated.

Latest NAV2 Sep 20261560.7968
CategoryMoney Market
PlanDirect · Growth
Launched26 Jul 2019
Risk labelthe scheme's own riskometerLow to Moderate
Legal benchmarkSEBI Tier-1NIFTY Money Market Index A-I
Expense ratiodirect plan, a year0.16%
AUM₹17,737 Cr
Growth of ₹10,000₹13,8592 Sep 2021 to 2 Sep 2026
₹13,859₹12,894₹11,929₹10,964₹10,000Sep 2021Nov 2022Mar 2024Jun 2025Sep 2026
₹13,859 (+6.7% a year) Axis Money Market Fund

Performance (trailing, annualised)

1Y annualised6.67%
3Y annualised7.49%
5Y annualised6.75%

Point-to-point from the fund's own published NAV; a period the history does not span is left out.

SIP returns

SIP 1Y (₹10,000 a month)invested ₹1,20,000 → worth ₹1,24,5237.04%
SIP 3Y (₹10,000 a month)invested ₹3,60,000 → worth ₹4,02,1057.31%
SIP 5Y (₹10,000 a month)invested ₹6,00,000 → worth ₹7,20,7027.26%

₹10,000 on the first of every month, valued at the latest NAV, as an annualised rate (XIRR).

Calendar years

Calendar 20213.90%
Calendar 20224.94%
Calendar 20237.51%
Calendar 20247.93%
Calendar 20257.61%

Rolling returns

Rolling 1Y · average312 windows since 11 Aug 20206.34%
Rolling 1Y · median6.85%
Rolling 1Y · worst window3.68%
Rolling 1Y · best window8.47%
Rolling 1Y · windows positive100%
Rolling 3Y · average209 windows since 10 Aug 20226.35%
Rolling 3Y · median6.31%
Rolling 3Y · worst window4.99%
Rolling 3Y · best window7.76%
Rolling 3Y · windows positive100%
Rolling 5Y · average107 windows since 9 Aug 20246.30%
Rolling 5Y · median6.26%
Rolling 5Y · worst window6.07%
Rolling 5Y · best window6.73%
Rolling 5Y · windows positive100%

Every window of that length in the published history, so one lucky start date cannot flatter the fund.

Risk

Volatility (3Y)0.42%
Downside deviation (3Y)0.10%
Maximum drawdown-0.14%

Management

Fund managerMr. Devang Shah, Mr. Aditya Pagaria, Mr. Sachin Jain
Managing since10 Jun 2022

What it holds

SecurityWeight
BANK OF BARODA CD 02FEB273.8%
NATIONAL BANK FOR AGRICULTURE AND RURAL DEVELOPMENT CD 28JAN273.5%
SMALL INDUSTRIES DEVELOPMENT BANK OF INDIA CD 16DEC263.0%
CHOLAMANDALAM INVESTMENT AND FINANCE COMPANY LIMITED 184D CP 04NOV262.4%
THE FEDERAL BANK LIMITED CD 17FEB272.4%
PUNJAB NATIONAL BANK CD 28JAN272.3%
HDFC BANK LIMITED CD 12MAR272.3%
PUNJAB & SIND BANK CD 26FEB272.1%
PUNJAB & SIND BANK CD 12MAR272.1%
PUNJAB NATIONAL BANK CD 05FEB272.0%
SectorWeight
Financial87.4%
Unspecified5.6%
Technology2.7%
Diversified2.1%
Industrials1.4%

Portfolio disclosed: 101.1% by weight.

Related

Source: the OmniAsset signed reference snapshot, as of 4 Sep 2026. Figures are deterministic; missing data is withheld, never estimated. See methodology and data sources. Not investment advice.

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