- Mutual Funds
- Axis Mutual Fund
- Axis Money Market Fund (Growth)
Axis Money Market Fund (Growth)
₹ 1206.7992
NAV (Mar 20)
Investment Calculator
Investment Duration5 years
0
Total Investment0
Wealth Gained0
Total Corpus Created (₹)
With CAGR of 11.25 % in 5 yearsHistorical NAV
₹ 1206.7992
NAV (Mar 20)
Fund Returns
Last 1Y | 5.3% |
Last 3Y | 5% |
Last 5Y | NA |
Last 10Y | NA |
Since Inception | 5.3% |
6 Month CAGR | 3.2% |
Scheme Information
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 | 0.36 |
Launched (4y ago) | Aug 06, 2019 |
AUM in Crores | 4002.655 |
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) | 1.079 |
Sharpe Ratio (5yr) | 0 |
YTM | 7.75 |
Returns Calculator Comparison
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with step up of
| Asset | Returns | Total Corpus | Gains | CAGR |
|---|---|---|---|---|
| Axis Money Market Fund (Growth) | NaN | NaN | % | |
| EPF | 900,761 | 168,149 | 8.50% | |
| Property | 867,662 | 135,050 | 7.00% | |
| PPF | 869,819 | 137,207 | 7.10% | |
| Bank FD | 846,471 | 113,859 | 6.00% | |
| Gold | 846,471 | 113,859 | 6.00% | |
| Savings Bank | 825,950 | 93,338 | 5.00% |
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
Top Debt Holdings
l&t metro rail (hyderabad) limited
3.1%kotak mahindra bank limited (formerly kotak mahindra finance limited)
3.1%07.55 hp sdl 2023
2.5%canara bank
2.4%canara bank
2.4%Compare Axis Money Market Fund (Growth)
| Fund Name | Fund Size | Rolling Returns |
|---|---|---|
₹ 47,245 cr | ||
₹ 14,457 cr | ||
₹ 20,146 cr | ||
₹ 13,095 cr | ||
₹ 47,245 cr |
About the AMC
Axis Asset Management Company Limited
Axis Asset Management Company Limited manages assets worth 245,311 crores and was set up on 13 January 2009. It's current offering of mutual fund schemes includes 30 equity,107 debt and 32 hybrid funds.
| Fund Name | Scripbox Opinion | Till Date CAGR | |
|---|---|---|---|
5.7% | 7.9% | ||
4.3% | 7% | ||
6.3% | 8% | ||
5.9% | 7.5% | ||
6.1% | 7% |
Axis Money Market Fund (G) Review
Axis Money Market Fund (G) is a Money Market Debt fund and has delivered an annualised return of 5.3% over a period of 3 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 3/20/2023 is ₹1206.80 with the total AUM as of 3/21/2023 is ₹4002.655. 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 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 5.3% 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)?
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 0.36% for regular plan.