- Mutual Funds
- Axis Mutual Fund
- Axis Money Market Fund (G)
Axis Money Market Fund (G)
₹ 1344.5267
NAV (Sep 06)
Investment Calculator
Investment Duration5 years
0
Total Investment0
Wealth Gained0
Total Corpus Created (₹)
With CAGR of 11.25 % in 5 yearsHistorical NAV
₹ 1344.5267
NAV (Sep 6)
Fund Returns
Last 1Y | 7.6% |
Last 3Y | 6.2% |
Last 5Y | 5.9% |
Last 10Y | NA |
Since Inception | 6% |
6 Month CAGR | 3.8% |
Scheme Information
The scheme seeks to generate regular income through investment in a portfolio comprising of money market instruments.
Expense Ratio | 0.31 |
Launched (0y ago) | 0.31 |
AUM in Crores | 12947.6 |
ISIN | INF846K01R46 |
Lock-in | |
Benchmark | NIFTY Money Market Index A-I |
SIP Minimum | 1000 |
Lumpsum Min. | 5000 |
Standard Deviation (3yr) | |
Standard Deviation | 0.6 |
Beta | 1.2 |
Sharpe Ratio | 0.7 |
YTM |
Returns Calculator Comparison
of
for
with step up of
| Asset | Returns | Total Corpus | Gains | CAGR |
|---|---|---|---|---|
| Axis Money Market Fund (G) | 8,44,680 | 1,12,068 | 5.9% | |
| EPF | 9,00,761 | 1,68,149 | 8.50% | |
| Property | 8,67,662 | 1,35,050 | 7.00% | |
| PPF | 8,69,819 | 1,37,207 | 7.10% | |
| Bank FD | 8,46,471 | 1,13,859 | 6.00% | |
| Gold | 8,46,471 | 1,13,859 | 6.00% | |
| Savings Bank | 8,25,950 | 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
Others
4.3%Canara Bank
3.2%Punjab National Bank
3.2%Larsen & Toubro Ltd.
3%Union Bank of India
2.6%Comparison with Debt Funds
| Fund Name | Fund Size | |
|---|---|---|
₹ 4,457 cr | ||
₹ 9,577 cr | ||
₹ 8,093 cr | ||
₹ 15,209 cr | ||
₹ 4,566 cr |
About the AMC
Axis Mutual Fund
| Fund Name | Scripbox Opinion | Till Date CAGR | |
|---|---|---|---|
6.013% | 7.007% | ||
- | 5.582% | ||
5.649% | 4.883% | ||
6.092% | 8.001% | ||
5.908% | 7.061% |
Axis Money Market Fund (G) Review
Axis Money Market Fund (G) is a Debt Debt fund and has delivered an annualised return of 5.988% over a period of 5 years. The fund is managed by Axis Mutual Fund. The fund manager’s name is [object Object],[object Object],[object Object].
Nav of Axis Money Market Fund (G) as of 9/6/2024 is ₹1344.53 with the total AUM as of 9/10/2024 is ₹12947.5682. With Scripbox you can compare and check the latest nav for all mutual funds in India. Axis Money Market Fund (G) was launched on 2019-08-06. The category risk of the fund is null.
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 Index A-I.
Axis Money Market Fund (G) is rated as a null fund in Debt and delivered 7.575% 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 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.