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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 20261321.9845
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₹0.06 Cr
Growth of ₹10,000₹11,7372 Sep 2021 to 2 Sep 2026
₹11,737₹11,269₹10,801₹10,333₹9,865Sep 2021Nov 2022Mar 2024Jun 2025Sep 2026
₹11,737 (+3.3% a year) Axis Money Market Fund

Performance (trailing, annualised)

1Y annualised3.44%
3Y annualised4.11%
5Y annualised3.26%

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 ₹1,22,2933.55%
SIP 3Y (₹10,000 a month)invested ₹3,60,000 → worth ₹3,82,0463.90%
SIP 5Y (₹10,000 a month)invested ₹6,00,000 → worth ₹6,60,6243.80%

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

Calendar years

Calendar 20213.90%
Calendar 20221.28%
Calendar 20233.84%
Calendar 20244.40%
Calendar 20254.24%

Rolling returns

Rolling 1Y · average312 windows since 11 Aug 20203.77%
Rolling 1Y · median4.06%
Rolling 1Y · worst window0.07%
Rolling 1Y · best window7.51%
Rolling 1Y · windows positive100%
Rolling 3Y · average209 windows since 10 Aug 20223.44%
Rolling 3Y · median3.69%
Rolling 3Y · worst window2.26%
Rolling 3Y · best window4.36%
Rolling 3Y · windows positive100%
Rolling 5Y · average107 windows since 9 Aug 20243.53%
Rolling 5Y · median3.45%
Rolling 5Y · worst window2.95%
Rolling 5Y · best window4.30%
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)3.27%
Downside deviation (3Y)3.22%
Maximum drawdown-3.27%

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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