Scheme Overview
Axis Money Market Fund - Regular Plan - Growth Option
| Category: Debt: Money Market |
| Launch Date: 05-08-2019 |
| Asset Class: Fixed Income |
| Benchmark: NIFTY Money Market Index A-I |
| Expense Ratio: 0.32% As on ( 31-03-2025) |
| Status: Open Ended for subscription |
| Minimum Investment: 5000.0 |
| Minimum Topup: 1000.0 |
| Total Assets: 14,603.43 Cr As on ( 31-03-2025) |
| Turn over: |
1416.6167
0.64 ( 0.0451% )
6.22%
NIFTY Money Market Index A-I6.37%
PERFORMANCE of Axis Money Market Fund - Regular Plan - Growth Option
Scheme Performance (%) Data as on - 02-05-2025
| 1-Year Ret (%) | 3-Yrs Ret (%) | 5-Yrs Ret (%) | 10-Yrs Ret (%) | Since Launch Ret (%) | |
|---|---|---|---|---|---|
| Axis Money Market Fund - Regular Plan - Growth Option | 8.04 | 7.18 | 6.11 | - | 6.22 |
| Benchmark | - | - | - | - | - |
| Debt: Money Market | 7.7 | 6.86 | 5.77 | 6.56 | 6.41 |
Yearly Performance (%)
Fund Managers
Devang Shah, Aditya Pagaria, Sachin Jain
Investment Objective
The scheme seeks to generate regular income through investment in a portfolio comprising of money market instruments.
RETURNS CALCULATOR for Axis Money Market Fund - Regular Plan - Growth Option
Growth of 10000 In SIP (Fund vs Benchmark)
Growth of 10000 In LUMPSUM (Fund vs Benchmark)
Rolling Returns
Rolling returns are the annualized returns of the scheme taken for a specified period (rolling returns period) on every day/week/month and taken till the last day of the duration. In this chart we are showing the annualized returns over the rolling returns period on every day from the start date and comparing it with the benchmark. Rolling returns is the best measure of a fund's performance. Trailing returns have a recency bias and point to point returns are specific to the period in consideration. Rolling returns, on the other hand, measures the fund's absolute and relative performance across all timescales, without bias.
Riskometer
Key Performance and Risk Statistics of Axis Money Market Fund - Regular Plan - Growth Option
| Key Statistics | Volatility | Sharpe Ratio | Alpha | Beta | Yield to Maturity | Average Maturity |
|---|---|---|---|---|---|---|
| Axis Money Market Fund - Regular Plan - Growth Option | 0.56 | 0.65 | 2.86 | 1.24 | 7.24 | 0.84 |
| Debt: Money Market | - | - | - | - | - | - |
PEER COMPARISION of Axis Money Market Fund - Regular Plan - Growth Option
| Scheme Name | Launch Date |
1-Year Ret (%) |
2-Yrs Ret (%) |
3-Yrs Ret (%) |
5-Yrs Ret (%) |
10-Yrs Ret (%) |
|---|---|---|---|---|---|---|
| Axis Money Market Fund - Regular Plan - Growth Option | 05-08-2019 | 8.04 | 7.78 | 7.18 | 6.11 | 0.0 |
| UTI MMF - Regular Plan - Growth Option | 01-07-2009 | 8.07 | 7.82 | 7.24 | 6.15 | 6.83 |
| Franklin India Money Market Fund - Growth Option | 11-02-2002 | 8.06 | 7.74 | 7.05 | 5.93 | 6.85 |
| ICICI Prudential Money Market Fund Option - Growth | 01-03-2006 | 8.04 | 7.79 | 7.18 | 6.11 | 6.79 |
| Nippon India Money Market Fund-Growth Plan-Growth Option | 01-06-2005 | 8.01 | 7.78 | 7.23 | 6.12 | 6.83 |
| Aditya Birla Sun Life Money Manager Fund - Retail Growth | 05-06-2003 | 8.0 | 7.79 | 7.21 | 6.21 | 6.92 |
| Tata Money Market Fund-Regular Plan - Growth Option | 20-05-2003 | 7.99 | 7.77 | 7.17 | 6.19 | 6.05 |
| Aditya Birla Sun Life Money Manager Fund - Growth | 10-10-2005 | 7.99 | 7.79 | 7.21 | 6.21 | 6.92 |
| Kotak Money Market Fund - (Growth) | 14-07-2003 | 7.98 | 7.75 | 7.16 | 6.0 | 6.76 |
| HDFC Money Market Fund - Growth Option | 05-11-1999 | 7.97 | 7.71 | 7.11 | 6.12 | 6.76 |
