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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 20261193.7207
CategoryMoney Market
PlanRegular · 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 year0.35%
AUM₹0.28 Cr
Growth of ₹10,000₹11,4512 Sep 2021 to 2 Sep 2026
₹11,451₹11,067₹10,683₹10,299₹9,916Sep 2021Nov 2022Mar 2024Jun 2025Sep 2026
₹11,451 (+2.7% a year) Axis Money Market Fund

Performance (trailing, annualised)

1Y annualised2.91%
3Y annualised3.58%
5Y annualised2.75%

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 ₹1,22,4683.82%
SIP 3Y (₹10,000 a month)invested ₹3,60,000 → worth ₹3,80,6713.66%
SIP 5Y (₹10,000 a month)invested ₹6,00,000 → worth ₹6,54,9383.46%

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

Calendar years

Calendar 2021-0.17%
Calendar 20220.83%
Calendar 20233.38%
Calendar 20243.95%
Calendar 20253.77%

Rolling returns

Rolling 1Y · average312 windows since 11 Aug 20202.31%
Rolling 1Y · median2.79%
Rolling 1Y · worst window-0.38%
Rolling 1Y · best window4.49%
Rolling 1Y · windows positive86%
Rolling 3Y · average209 windows since 10 Aug 20222.28%
Rolling 3Y · median2.20%
Rolling 3Y · worst window0.88%
Rolling 3Y · best window3.74%
Rolling 3Y · windows positive100%
Rolling 5Y · average107 windows since 9 Aug 20242.24%
Rolling 5Y · median2.18%
Rolling 5Y · worst window1.97%
Rolling 5Y · best window2.73%
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)1.83%
Downside deviation (3Y)1.74%
Maximum drawdown-0.92%

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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