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  • Axis Money Market Fund (Growth)
Axis Mutual Fund

Axis Money Market Fund (Growth)

DebtMoney Market

1324.8974

NAV (Jun 24)

5.9%
3 Year CAGR
Scripbox Opinion
Not Reviewed yet
Our analysis of this fundLearn how we rate funds ->

Fund Size

Rolling Returns

Scripbox Recommended Money Market Funds
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Investment Calculator

Investment Duration5 years

0

Total Investment

0

Wealth Gained

0

Total Corpus Created (₹)

With CAGR of 11.25 % in 5 years

Historical NAV

1324.8974

NAV (Jun 24)

Fund Returns

Last 1Y
7.4%
Last 3Y
6%
Last 5Y
NA
Last 10Y
NA
Since Inception
5.9%
6 Month CAGR
4%

Scheme Information

Investment Objective

To generate regular income through investment in a portfolio comprising of money market instruments. However,there can be no assurance that the investment objective of the Scheme will be achieved.

Expense Ratio
0.31
Launched (5y ago)
Aug 06, 2019
AUM in Crores
9712.923
ISIN
INF846K01R46
Lock-in
No Lock-in
Benchmark
Nifty Money Market TR INR
SIP Minimum
1000
Lumpsum Min.
5000
Standard Deviation (3yr)
0.6
Standard Deviation (5yr)
0
Beta (3yr)
0
Beta (5yr)
0
Sharpe Ratio (3yr)
0.732
Sharpe Ratio (5yr)
0
YTM
7.65
Fund Managers

Devang Shah

Fund Manager

Sachin Jain

Fund Manager

Aditya Pagaria

Fund Manager

Important Links

Scheme Information Document

Statement of Additional Information

Portfolio Disclosure

Returns Calculator Comparison

of

for

with step up of

AssetReturnsTotal CorpusGainsCAGR
Axis Money Market Fund (Growth)70%8,44,389 1,11,7775.9%
EPF70% 9,00,761 1,68,1498.50%
Property70% 8,67,662 1,35,0507.00%
PPF70% 8,69,819 1,37,2077.10%
Bank FD70% 8,46,471 1,13,8596.00%
Gold70% 8,46,471 1,13,8596.00%
Savings Bank70% 8,25,950 93,3385.00%

Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments are subject to market risk, read all scheme related documents carefully before investing. Past performance is not an indicator of future returns.

Asset allocation and Holdings

Last updated on 2024-06-24

Top Debt Holdings

punjab national bank

5.6%
5.6%

bank of baroda

3.8%
3.8%

union bank of india

3.4%
3.4%

bank of india

2.9%
2.9%

national bank for agriculture and rural development

2.9%
2.9%
See all holdings

Comparison with Debt Funds

Fund NameFund SizeRolling Returns
Bandhan CRISIL IBX Gilt April 2028 Index fund (G)
Bandhan CRISIL IBX Gilt April 2028 Index fund (G)

₹ 5,017 cr

₹ 10,612 cr

₹ 47,907 cr

₹ 14,537 cr

₹ 15,157 cr

amc-img

About the AMC

Axis Asset Management Company Limited

Axis Asset Management Company Limited manages assets worth 295,858 crores and was set up on 13 January 2009. It's current offering of mutual fund schemes includes 62 equity,113 debt and 32 hybrid funds.amc-img
phone-img022-43255161
Fund NameScripbox Opinion
Till Date CAGR

5%

7.9%

5.8%

7%

6%

8%

5.8%

7%

-

5.3%

Axis Money Market Fund (G) Review

Axis Money Market Fund (G) is a Money Market Debt fund and has delivered an annualised return of 5.9% over a period of 4 years. The fund is managed by Axis Asset Management Company Limited. The fund managers are Aditya Pagaria, Devang Shah, Sachin Jain.

Nav of Axis Money Market Fund (G) as of 6/24/2024 is ₹1324.90 with the total AUM as of 6/25/2024 is ₹9712.923. With Scripbox you can compare and check the latest nav for all mutual funds in India. Axis Money Market Fund (G) was launched on Aug 06, 2019. The category risk of the fund is Low to Moderate Risk.

The minimum SIP amount for Axis Money Market Fund (G) is ₹1000 and you can increase this in multiples of ₹100. In case you want to invest a lump sum, the minimum amount to be invested is ₹5000. Check your estimated returns on mutual funds by using sip calculator.

Axis Money Market Fund (G) is suited for investors looking to invest for 1-4 years. The asset class is less volatile than equity and the fund is likely to provide stable but slow growth. The fund is benchmarked to Nifty Money Market TR INR.

Axis Money Market Fund (G) is rated as a 0 fund in Debt and delivered 7.5% returns in the last 1 year. Scripbox provides a compare mutual funds research tool to view a detailed comparison with Axis Money Market Fund (G).

Frequently Asked Questions

What is Axis Money Market Fund (G)?

Axis Money Market Fund (G) is a Money Market Debt scheme predominantly investing across Debt instruments with an investment objective to generate wealth over the long term.

How to invest in Axis Money Market Fund (G)?

You can invest in Axis Money Market Fund (G) through AMC, intermediaries, brokers or platforms like Scripbox. To learn step by step process visit how to invest in mutual funds?

What is the minimum sip amount of Axis Money Market Fund (G)?

The minimum sip amount for Axis Money Market Fund (G) is ₹1000. You can invest in multiples of ₹5000.

Is Axis Money Market Fund (G) good to invest in?

As per Scripbox experts, Axis Money Market Fund (G) is a Not Reviewed Yet fund. You can investAxis Money Market Fund (G) fund if its investment objective and risk-o-meter matches your investment goals and risk preferences.

What is the expense ratio of the Axis Money Market Fund (G)?

The expense ratio of the Axis Money Market Fund (G) is 0.31% for regular plan.