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Mutual Funds

Axis Money Market Fund

Ax

Axis Money Market Fund

Money MarketRank #2
5/5

NAV (2026-07-14)

1526.74

AUM

₹2,023 Cr

Exp. Ratio: 0.35%

RISK LEVEL

Moderate

Returns & Performance

1 Year6.09%0.17% vs cat avgRank #2
3 Year7.23%0.25% vs cat avgRank #2
5 Year6.46%0.23% vs cat avgRank #5
Since Launch6.28%--

Fund vs Category Average

1Y
6.09%+0.17%
3Y
7.23%+0.25%
5Y
6.46%+0.23%

Pros & Cons

Pros

Outperforms category avg on 1Y returns
Strong 3Y track record vs category
Above category avg 5Y returns
No lock-in period
Low expense ratio (0.35%)
Top-5 ranked in category for 1Y (#2)
Overall top-10 rank in category (#2)

Cons

No notable cons identified

ISININF846K01R46
NAV₹1526.74
NAV Date2026-07-14
AUM₹2,023 Cr
Expense Ratio0.35%
RiskModerate
Rating5 / 5
Min SIP Amount₹100
Max SIP Amount₹999999999
Min Additional Inv.₹100
SIP AllowedYes
Plan TypeRegular
Plan OptionGrowth
Is NFONo
Fund House Incorp.2009-09-04

INVESTMENT OBJECTIVE

The scheme seeks to generate regular income through investment in a portfolio comprising of money market instruments.

Exit Load--
Stamp duty on investment0.005% (from July 1st, 2020)
Tax implicationsReturns are taxed as per your income tax slab.

Sachin Jain

Mr. Jain is a B.Tech, AGMP (Management)

Prior to joining Axis Asset Management Company Ltd., he has worked with Sundaram Mutual Fund, I- Cap, Sunidhi securities and Finance Ltd.

Top Holdings

Holdings data not available for this scheme