• Mutual Funds
  • Axis Mutual Fund
  • Axis Money Market Fund Pyt of Inc Dis cum Cap Wdrl (PIDCW-M)

Formerly Axis Money Market Reg Mn DP

Axis Mutual Fund

Axis Money Market Fund Pyt of Inc Dis cum Cap Wdrl (PIDCW-M)

DebtMoney Market

1006.6943

NAV (Dec 06)

5%
Till Date CAGR
Scripbox Opinion

Neutral

Click here for top ranked funds in money market mutual funds.

However, Scripbox does not recommend investing in money market mutual funds.

Money Market Funds invest in money market instruments with maturity upto 1 year.

This category accounts for close to 5% of the total Debt fund assets.

Funds in this category have a credit quality and return similar to Liquid Funds however they tend to have higher variations when interest rates change.We do not recommend funds in this category since we believe that the potential incremental return is not justified by the higher interest rate risk.

Scripbox does not recommend investing in the dividend option of a fund because dividends are taxable at a higher rate than withdrawals.

Our analysis of this fundLearn how we rate funds ->

Track Record

2 Years. The Fund has a Short history for analysis. We recommend funds with longer history.

Relative Size

4,070 Cr. Large within the category

Impact of Interest Rate Changes

Low Interest Rate Risk. The impact on fund value is quite low when interest rates change

Credit Quality Of Fund's Portfolio

Low Credit Risk. The fund has a high credit quality compared to other debt funds

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Short Term Money

Short Term Money

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  • graph-icon-gray
    Historical growth rate of 6.5% per annum
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    Recommended Duration 1 - 5 years
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    No Lock-in
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    Expert Investing Only, Car, Down Payment

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Historical NAV

1006.6943

NAV (Dec 6)

Fund Returns

Last 1Y

3.7%

Last 3Y

NA

Last 5Y

NA

Last 10Y

NA

Since Inception

5%

6 Month CAGR

1.9%

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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.

Low

Low to Moderate

Moderate

Moderately High

High

Very High

Moderate Risk

Expense Ratio

0.35

Launched (2y ago)

Aug 06, 2019

AUM in Crores

4069.070

ISIN

INF846K01R95

Lock-in

No Lock-in

Benchmark

Nifty Money Market TR INR

SIP Minimum

1000

Lumpsum Min.

5000

Fund Managers
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Aditya Pagaria

Fund Manager

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Devang Shah

Fund Manager

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Sachin Jain

Fund Manager

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Returns Calculator Comparison

of

for

with step up of

InstrumentReturnsTotal CorpusGainsAnnualised %
Mutual Fund70%₹ 9,65,796 ₹ 2,33,18411.25%
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.

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Short Term Money

Invest in a scientifically curated set of debt mutual funds which are best aligned towards achieving any short term objectives you may have.

  • Inflation beating returns
    Inflation beating returns
  • Expert Investing Only, Car, Down Payment
    Expert Investing Only, Car, Down Payment
  • One click investing  tracking
    One click investing tracking
comparison

Comparison with Debt Funds

Fund NameScripbox OpinionFund SizeTrack Record
Kotak Savings Fund (G)

Kotak Savings Fund (G)

₹ 13,499 cr

5

₹ 33,567 cr

5

₹ 11,691 cr

5

₹ 31,118 cr

5

₹ 27,296 cr

5

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About the AMC

Axis Asset Management Company Limited

Axis Asset Management Company Limited manages assets worth 255,984 crores and was set up on 13 January 2009. It's current offering of mutual fund schemes includes 30 equity,101 debt and 35 hybrid funds.

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  • tel-amc-about
    022-43255161
  • mail-amc-about
    customerservice@axismf.com
  • Fund NameScripbox Opinion
    Till Date CAGR

    4.8%

    7.2%

    19.7%

    13.5%

    26.5%

    19.5%

    4.3%

    6.8%

    25.6%

    19.2%

    growth

    Short Term Money

    Invest in a scientifically curated set of debt mutual funds which are best aligned towards achieving any short term objectives you may have.

    • graph-icon-gray
      Historical growth rate of 6.5% per annum
    • graph-icon-gray
      Recommended Duration 1 - 5 years
    • graph-icon-gray
      No Lock-in
    • graph-icon-gray
      Expert Investing Only, Car, Down Payment
    • graph-icon-gray
      One-click investing and tracking
    • graph-icon-gray
      Zero fees for all your investments
    Kotak Savings Fund (Growth)

    Kotak Savings Fund (Growth)

    Debt

    Ultra Short

    ICICI Prudential Savings Fund (Growth)

    ICICI Prudential Savings Fund (Growth)

    Debt

    Low Duration

    Tata Liquid Fund (Growth)

    Tata Liquid Fund (Growth)

    Debt

    Liquid

    How does Scripbox rate funds?

    Proprietary 4-step system to rate mutual funds

    We use a proprietary system to rate mutual funds and based on that make a recommendation or rate the fund as top ranked.

    What Scripbox recommendations mean?
    Scripbox algorithm recommends 2-4 funds for investment for an investment asset class such as large cap, diversified, liquid etc. When you invest for an objective, the algorithm suggests the appropriate asset class and funds.
    Track Record

    Track Record

    We look at consistent and long historical performance for our analysis.

    Fund Size

    Fund Size

    We look at the size of the fund with respect to other funds in the category. Larger funds are preferred.

    Sub-asset Class View

    Sub-asset Class View

    We check if the sub-category of the fund is recommended by us.

    Fund Performance

    Fund Performance

    Consistency of performance over various tenures is analysed for a relative performance stack.

    Track Record

    Track Record

    We look at consistent and long historical performance for our analysis.

    Fund Size

    Fund Size

    We look at the size of the fund with respect to other funds in the category. Larger funds are preferred.

    Impact of Interest Rates

    Impact of Interest Rates

    We check the relative interest rate risk of the sub-category of the fund. Lower the better.

    Credit Attractiveness

    Credit Attractiveness

    We check the credit quality of the underlying instruments present in the fund. Higher the better.

    Equity Funds

    Debt Funds

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    TRUST

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    2. 2500+Cities
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    We thrive on trust.

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    About Axis Money Market Fund Pyt of Inc Dis cum Cap Wdrl (PIDCW-M)

    About Axis Money Market Fund Pyt of Inc Dis cum Cap Wdrl (PIDCW-M)

    Axis Money Market Fund Pyt of Inc Dis cum Cap Wdrl (PIDCW-M) is a Money Market Debt fund and has delivered an annualised return of 5% over a period of 2 years. The fund was previously known as Axis Money Market Reg Mn DP . The fund is managed by Axis Asset Management Company Limited. The fund managers are Aditya Pagaria, Devang Shah, Sachin Jain

    Axis Money Market Fund Pyt of Inc Dis cum Cap Wdrl (PIDCW-M) 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. . However, there is no assurance that the objective of the scheme will be realized.

    Axis Money Market Fund Pyt of Inc Dis cum Cap Wdrl (PIDCW-M) NAV,AUM,Risk

    The Axis Money Market Fund Pyt of Inc Dis cum Cap Wdrl (PIDCW-M) fund was launched on Aug 06, 2019. The NAV (Net Asset Value) of this Money Market Debt fund as of 2021-12-06 is ₹1006.69. The total AUM (Asset Under Management) of the fund as of 07/12/2021 is ₹4069.07. The category risk of the Axis Money Market Fund Pyt of Inc Dis cum Cap Wdrl (PIDCW-M) fund is Moderate Risk. The fund charges 0.35 % as expense ratio.

    Axis Money Market Fund Pyt of Inc Dis cum Cap Wdrl (PIDCW-M) Holdings

    The fund’s highest allocation is towards Others and has invested 97.8% in this asset class. The top three holdings of the fund are , clearing corporation of india ltd , reliance industries limited , 182 dtb 09122021 , export-import bank of india , 182 dtb 02122021 , icici securities limited , chennai petroleum corporation ltd , 182 dtb 30122021 , sikka ports & terminals limited , sikka ports and terminals limited , national bank for agriculture and rural development , ultratech cement limited , tata motors limited , sundaram home finance limited , mahindra & mahindra financial services limited , idfc first bank limited , 8.20% govt stock 2022 , tata teleservices (maharashtra) ltd , deutsche investments india private limited , lic housing finance limited , sharekhan bnp paribas financial services limited , barclays investments & loans (india) limited , jamnagar utilities & power private limited , 182 dtb 23122021 , infina finance private limited , indusind bank limited , piramal enterprises limited , sikka ports & terminals limited , hero fincorp limited , bharti hexacom limited , lic housing finance limited , export-import bank of india , bharti hexacom limited , 182 dtb 16122021 , export-import bank of india , cholamandalam investment and fin. co. ltd , idfc first bank limited , piramal capital & housing finance limited , small industries development bank of india , infina finance private limited , l & t infrastructure finance company limited , infina finance private limited , net receivables / (payables) , indusind bank limited , tata teleservices (maharashtra) ltd , tata teleservices limited , l&t finance limited

    Axis Money Market Fund Pyt of Inc Dis cum Cap Wdrl (PIDCW-M) Sip

    The minimum SIP (Systematic Investment Plan) amount for this 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.

    Axis Money Market Fund Pyt of Inc Dis cum Cap Wdrl (PIDCW-M) Investment volatility and Horizon

    This fund 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 Pyt of Inc Dis cum Cap Wdrl (PIDCW-M) Review

    Axis Money Market Fund Pyt of Inc Dis cum Cap Wdrl (PIDCW-M) has a score of 3 on a scale of 5. The fund has a score of 2 out of 5 based on historical performance. As compared to the other funds in its category, Axis Money Market Fund Pyt of Inc Dis cum Cap Wdrl (PIDCW-M) has a score of 4out of 5 The credit risk of the fund is 4 out of 5 as compared to other debt funds.

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