Fund Overview
Axis Money Market Fund
Scheme Type: Debt
Fund Manager:
Mr. Devang Shah + 2
Invest Now
NAV
NA
CAGR
AUM as on 31 Dec 2025(in Cr.)
₹ 20,781.21
Updated as on: December 31, 2025
Risk
Low to 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).
Fund Manager
Mr. Devang Shah
Managing this fund since 06th Aug 2019
21
Years
Work Experience
See all schemes managed by Devang Shah
Mr. Aditya Pagaria
Managing this fund since 06th Aug 2019
18
Years
Work Experience
See all schemes managed by Aditya Pagaria
Mr. Sachin Jain
Managing this fund since 09th Nov 2021
13
Years
Work Experience
See all schemes managed by Sachin Jain
Entry Load
NA
Exit Load
Nil
Debt Quants
Average Maturity@*
136 days
Modified Duration@*
129 days
Mac D
136 days
Portfolio Yield (Yield to Maturity&) - Monthly
6.32%
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
Axis Money Market Fund
The risk of the scheme is Low to Moderate
NIFTY Money Market Index A-I
The risk of the benchmark is Low to Moderate
Minimum Investment Amount
- Lumpsum Investment :₹ 100
- Additional Investment :₹ 100
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.
Access all the goal features and benefits at No Cost.
Choose your goal
Let your money work for your goals.
Vacation
Child Education
Emergency Funds
Wealth Builder
Retirement
Create Your Own Goal
Issuers
Top 10 Issuers
% Of Net Assets
Small Industries Dev Bank of India
11.89
HDFC Bank Limited
11.19
National Bank For Agriculture and Rural Development
6.30
Bank of Baroda
6.22
Canara Bank
5.77
182 Days Tbill
5.12
Punjab National Bank
4.51
Kotak Mahindra Bank Limited
4.23
364 Days Tbill
3.95
Union Bank of India
3.88
IDCW
IDCW (₹ Per Unit) | NAV Per Unit |
| Record Date | Option | Individuals/HUF | Others | Cum IDCW | Ex IDCW |
| Dec 26, 2025 | Monthly Dividend | 4.589 | 4.588 | 1010.153 | 1005.564 |
| Nov 25, 2025 | Monthly Dividend | 4.969 | 4.968 | 1010.532 | 1005.564 |
| Oct 27, 2025 | Monthly Dividend | 5.495 | 5.493 | 1011.059 | 1005.564 |
| Dec 26, 2025 | Quarterly Dividend | 10.000 | 10.000 | 1171.962 | 1161.962 |
| Sep 25, 2025 | Quarterly Dividend | 10.000 | 10.000 | 1164.225 | 1154.225 |
| Jun 25, 2025 | Quarterly Dividend | 10.000 | 10.000 | 1156.986 | 1146.986 |
| Mar 25, 2025 | Annual Dividend | 40.000 | 40.000 | 1262.203 | 1222.203 |
| Mar 26, 2024 | Annual Dividend | 40.000 | 40.000 | 1211.973 | 1171.973 |
| Mar 27, 2023 | Annual Dividend | 40.000 | 40.000 | 1166.469 | 1126.469 |
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
Select Plan
Select Timeframe
15-10-2025
15-01-2026
Investment Packs
Download our app
Axis Bank Ltd. is not liable or responsible for any loss or shortfall resulting from the operation of the scheme.
Past performance may or may not be sustained in future. Please consult your financial advisor before investing.
Mutual fund investments are subject to market risks, read all scheme related documents carefully.
Copyright © 2020. All rights reserved Axis Mutual Fund.
Connect with us :
Privacy | Terms of Use | Disclaimer | Sitemap