Returns (Lumpsum)
CAGR for periods ≥ 1 year1 Week+0.22%
1 Month+0.33%
3 Months+1.31%
6 Months+2.77%
1 Year+6.62%
3 Years (CAGR)+7.31%
5 Years (CAGR)+6.27%
10 Years (CAGR)—
Since Inception (Aug 2019)+6.22%
SIP Returns (XIRR)
₹1,000/month SIP, annualised1 Year SIP+6.00%
3 Year SIP+7.07%
5 Year SIP+6.86%
Since Inception (Aug 2019)+6.53%
Fund Details
Fund HouseAxis Mutual Fund
CategoryMoney Market
Plan Typeregular
Optiongrowth
AUM₹23,790 Cr
Expense Ratio0.34%
Min SIP₹500
Min Lumpsum₹1,000
Launch Date07 Aug 2019
AMFI Code147568
Risk Metrics
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Sharpe Ratio
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Alpha
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Beta
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Sortino
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Std Dev
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Max Drawdown
Performance Comparison
Performance Comparison
Interested in This Fund?
Our experts will help you decide if this fund fits your goals.
Investment Objective
Axis Money Market Fund - Regular Plan - Growth Option by Axis Mutual Fund is a Money Market fund that aims to generate optimal returns for investors based on its investment mandate. The fund follows a disciplined investment process aligned with SEBI regulations for the Money Market category.
About This Fund
Axis Money Market Fund - Regular Plan - Growth Option is a Money Market mutual fund offered by Axis Mutual Fund. The fund has been operational for over 6 years. It manages assets worth ₹23,790 Cr, reflecting investor confidence in the fund's strategy. The current expense ratio is 0.34%.
Who Should Invest?
- •Investors with a high risk appetite seeking long-term wealth creation
- •Investors with an investment horizon of 5 years or more
- •SIP investors who can benefit from rupee cost averaging during market fluctuations