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Money Market📊 NIFTY MONEY MARKET INDEX A-I

Axis Money Market Fund · Regular · Growth

Axis Mutual Fund

#1 of 28 (1Y)

NAV

₹1518.5759

as of 17 Jun 2026

Expense Ratio

0.34%

AUM

₹22,282 Cr

Viewing Regular · Growth
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Lumpsum returns (CAGR)

1Y
+6.11%
3Y
+7.25%
5Y
+6.41%
Since Inception
+6.28%

SIP returns (XIRR)

1Y
+6.16%
3Y
+7.04%
5Y
+6.94%
Since Inception
+6.56%

SIP since inception — what ₹500/month became

Real NAV backtest from day one

₹41,000

Invested

₹51,246

Value today

6.5%

XIRR (p.a.)

500/month SIP from fund inception · Current value as of today

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1,000 lumpsum at launch — value today

Invested on the fund's first NAV date

₹1,000

Invested

₹1,515

Value today

6.3%

CAGR (p.a.)

One-time investment at fund inception · Growth purely from NAV appreciation

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₹10L corpus with ₹5,000/month withdrawals since inception

Corpus is still growing despite monthly payouts

₹10,00,000

Initial corpus

₹4,10,000

Withdrawn

₹10,02,751

Corpus left

+₹4,12,751 net gain — withdrew ₹4,10,000 AND corpus grew

Plan your SWP with real NAV

₹1 lakh on the worst crash day — 22 Mar 2020

Worst single-day Nifty drop during this fund's life

₹1,00,000

Invested

₹1,46,724

Value today

1.5×

Multiple

Staying invested through that crash turned ₹1L into ₹1,46,724 — a 1.5× return

Read: Staying invested through crashes

Risk Metrics

Trailing 1 year, annualised

1.44

Sharpe Ratio

Alpha

Beta

1.95

Sortino

0.46%

Std Dev

-0.15%

Max Drawdown

Performance Comparison

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Fund Details

Fund HouseAxis Mutual Fund
CategoryMoney Market
BenchmarkNIFTY MONEY MARKET INDEX A-I
Launch Date06 Aug 2019
AMFI Code147568
Transaction facts
Min. Lumpsum₹100
Min. SIP₹10
Exit LoadNA

Available transactions

PurchaseSIPRedeemSWPSwitchSTPDemat

Portfolio holdings

as of 30 Apr 2026
Holding% NAV

Investment Objective

Axis Money Market Fund · Regular · Growth 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 · Growth is a Money Market mutual fund offered by Axis Mutual Fund. The fund has been operational for over 6 years. It manages assets worth ₹22,282 Cr, reflecting investor confidence in the fund's strategy. It benchmarks its performance against NIFTY MONEY MARKET INDEX A-I. 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