Fund Overview

Axis Money Market Fund

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Scheme Type: Debt

Fund Manager:
Mr. Devang Shah + 2
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NAV as on Oct 09, 2025
₹ 1472.7861
CAGR
6.46 %
AUM as on 30 Sep 2025(in Cr.)
₹ 18,085.61
Updated as on: September 30, 2025
Risk
Risk
Moderate
An open ended debt scheme investing in money market instruments

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.

Benefits of

Fund offers high liquidity as it does not have any exit load and it invests in high quality papers. Targets a portfolio average maturity of 2-6 months

Emphasis on 100% AAA rated papers from the carefully crafted universe of money market instruments.

Attempts to offer better risk reward opportunity over other traditional alternatives in short term space

Potential Risk Class
A Potential Risk Class matrix consists of parameters based on maximum interest rate risk (measured by Macaulay Duration (MD) of the scheme) and maximum credit risk (measured by Credit Risk Value (CRV) of the scheme).
Potential Risk

Fund Manager

Fund Manager
Mr. Devang Shah
Managing this fund since 06th Aug 2019
21
Years
Work Experience
See all schemes managed by Devang Shah
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Fund Manager
Mr. Aditya Pagaria
Managing this fund since 06th Aug 2019
18
Years
Work Experience
See all schemes managed by Aditya Pagaria
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Fund Manager
Mr. Sachin Jain
Managing this fund since 09th Nov 2021
16
Years
Work Experience
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Entry Load

NA

Exit Load

Nil
Debt Quants
Average Maturity@*
170 days
Modified Duration@*
160 days
Mac D
170 days
Portfolio Yield (Yield to Maturity&) - Monthly
6.24%
Disclaimer: * For instruments with put/call option, the put/call date has been taken as the maturity date. & The yield to maturity given above is based on the portfolio of funds as on date given above. This should not be taken as an indication of the returns that maybe generated by the fund and the securities bought by the fund may or may not be held till their respective maturities. The calculation is based on the invested corpus of the debt portfolio.
Updated as on:
This product is suitable for investors who are seeking*
  • Regular income over short term.
  • Investment in money market instruments with maturity up to one year
*Investors should consult their financial advisers if in doubt about whether the product is suitable for them
Riskometer
Axis Money Market Fund
The risk of the scheme is Moderate
Riskometer
NIFTY Money Market Index A-I
The risk of the benchmark is Low to Moderate
Minimum Investment Amount
  • Lumpsum Investment :
     ₹ 5000
  • Additional Investment :
     ₹ 1000
  • Systematic Investment :
     ₹ 1000

Goal Planning

Big or small, everyone has goals that they want to accomplish. There are some goals you’re able to fulfil and others that you’re not. With proper planning a lot of this can be managed. Savings, on their own are not enough. And most people who invest, do so in an ad-hoc manner. When the markets look promising, they follow the trend and invest like others do. When the volatility sets in, they worry over their investments and take uninformed decisions.
goal feature

Access all the goal features and benefits at No Cost.

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Let your money work for your goals.
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Issuers

Top 10 Issuers
% Of Net Assets
HDFC Bank Limited
10.24
National Bank For Agriculture and Rural Development
8.91
Canara Bank
7.69
Small Industries Dev Bank of India
7.60
Kotak Mahindra Bank Limited
5.30
IndusInd Bank Limited
4.02
Bank of Baroda
3.28
L&T Finance Limited
3.22
364 Days Tbill
3.12
The Federal Bank Limited
2.60

IDCW

IDCW (₹ Per Unit)
NAV Per Unit
Record DateOptionIndividuals/HUFOthersCum IDCWEx IDCW
Aug 25, 2025Monthly Dividend5.8505.8501016.4661010.616
Jul 25, 2025Monthly Dividend6.3466.3461018.0861011.740
Jun 25, 2025Monthly Dividend5.5675.5671017.5071011.940
Jun 25, 2025Quarterly Dividend10.00010.0001169.7371159.737
Mar 25, 2025Quarterly Dividend10.00010.0001152.4751142.475
Dec 26, 2024Quarterly Dividend10.00010.0001140.3711130.371
Mar 25, 2025Annual Dividend40.00040.0001273.9021233.902
Mar 26, 2024Annual Dividend40.00040.0001220.8331180.833
Mar 27, 2023Annual Dividend40.00040.0001173.0031133.003
Disclaimer: Pursuant to payment of Distribution (of Income & Capital), the NAV of the above stated IDCW options of the scheme/plan would fall to the extent of payout and statutory levy, if any. Past performance may or may not be sustained in future. Face value of units is Rs. 1000. IDCW means Income Distribution cum Capital Withdrawal.
IDCW History
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Select Timeframe
10-07-2025
from date
10-10-2025
to date
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