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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 20261010.9831
CategoryMoney Market
PlanDirect · Idcw
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₹0.23 Cr
Growth of ₹10,000₹10,0252 Sep 2021 to 2 Sep 2026
₹10,091₹10,062₹10,033₹10,004₹9,976Sep 2021Nov 2022Mar 2024Jun 2025Sep 2026
₹10,025 (+0.0% a year) Axis Money Market Fund

Performance (trailing, annualised)

1Y annualised-0.07%
3Y annualised0.07%
5Y annualised0.05%

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 ₹1,20,0750.12%
SIP 3Y (₹10,000 a month)invested ₹3,60,000 → worth ₹3,60,3440.06%
SIP 5Y (₹10,000 a month)invested ₹6,00,000 → worth ₹6,00,8930.06%

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

Calendar years

Calendar 20210.01%
Calendar 20220.05%
Calendar 2023-0.02%
Calendar 20240.06%
Calendar 20250.05%

Rolling returns

Rolling 1Y · average312 windows since 11 Aug 20200.09%
Rolling 1Y · median0.05%
Rolling 1Y · worst window-0.72%
Rolling 1Y · best window1.64%
Rolling 1Y · windows positive66%
Rolling 3Y · average209 windows since 10 Aug 20220.08%
Rolling 3Y · median0.06%
Rolling 3Y · worst window-0.15%
Rolling 3Y · best window0.63%
Rolling 3Y · windows positive90%
Rolling 5Y · average107 windows since 9 Aug 20240.08%
Rolling 5Y · median0.09%
Rolling 5Y · worst window-0.03%
Rolling 5Y · best window0.39%
Rolling 5Y · windows positive98%

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

Risk

Volatility (3Y)2.14%
Downside deviation (3Y)2.05%
Maximum drawdown-1.01%

Management

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

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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