Common questions about this fund, answered from scheme data
The latest Net Asset Value (NAV) of Axis Money Market Fund is ₹1,553.2 as of 2026-10-12.
Axis Money Market Fund is classified as a Money Market fund.
Axis Money Market Fund is managed by Axis Mutual Fund.
The Assets Under Management (AUM) of Axis Money Market Fund is ₹2,023 Cr.
The expense ratio of Axis Money Market Fund is 0.35%.
Axis Money Market Fund is managed by Sachin Jain.
The minimum SIP investment for Axis Money Market Fund is ₹100.
As per the SEBI Riskometer, Axis Money Market Fund carries a Moderate risk level.
Axis Money Market Fund has delivered 6.42% (1Y), 7.27% (3Y) and 6.63% (5Y) annualised returns as of 2026-10-12.
Axis Money Market Fund was launched on 2009-09-04.
Open an account with Indiabulls Securities, complete your KYC, and invest via SIP or a one-time lumpsum through our platform.
A Systematic Investment Plan (SIP) lets you invest a fixed amount at regular intervals (e.g., monthly) instead of a single lumpsum.
There is no separate brokerage on mutual fund units. The AMC charges an expense ratio, which is already reflected in the NAV. An exit load may apply if you redeem before the specified period.
Mutual fund NAVs are declared once per business day after market close, in line with SEBI norms.
The FAQs above are generated from data provided by the AMC and are for educational purposes only. They do not constitute financial advice, buy/sell recommendations, or return guarantees. Mutual fund investments are subject to market risks — read all scheme-related documents carefully before investing. Past performance is not indicative of future returns.
