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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 20261007.897
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₹0.29 Cr
Growth of ₹10,000₹10,0132 Sep 2021 to 2 Sep 2026
₹10,090₹10,061₹10,033₹10,004₹9,976Sep 2021Nov 2022Mar 2024Jun 2025Sep 2026
₹10,013 (+0.0% a year) Axis Money Market Fund

Performance (trailing, annualised)

1Y annualised0.13%
3Y annualised0.03%
5Y annualised0.03%

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 ₹1,20,1020.16%
SIP 3Y (₹10,000 a month)invested ₹3,60,000 → worth ₹3,60,2390.04%
SIP 5Y (₹10,000 a month)invested ₹6,00,000 → worth ₹6,00,5120.03%

₹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 2025-0.04%

Rolling returns

Rolling 1Y · average312 windows since 11 Aug 20200.05%
Rolling 1Y · median0.03%
Rolling 1Y · worst window-0.59%
Rolling 1Y · best window1.54%
Rolling 1Y · windows positive59%
Rolling 3Y · average209 windows since 10 Aug 20220.05%
Rolling 3Y · median0.04%
Rolling 3Y · worst window-0.14%
Rolling 3Y · best window0.60%
Rolling 3Y · windows positive76%
Rolling 5Y · average107 windows since 9 Aug 20240.04%
Rolling 5Y · median0.03%
Rolling 5Y · worst window-0.05%
Rolling 5Y · best window0.37%
Rolling 5Y · windows positive85%

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

Risk

Volatility (3Y)2.12%
Downside deviation (3Y)2.04%
Maximum drawdown-1.10%

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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