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axis money market fund direct growth
Axis Money Market Fund Direct Growth

Axis Money Market Fund Direct Growth

  • Low to Moderate Risk
  • Fixed Income
  • Money Market
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NAV as on Jul 25, 2025
i
Price per unit of the scheme.
1,454.83070.01%1 Day Change
0.60%
Minimum Investment₹5000
Expense Ratio0.17%

FUND RATING

A holistic measure of the rank of a fund relative to its peers. Top funds receive a score of 5.
4
Scheme Rating

RISK-O-METER

Level of risk associated with a mutual fund to help investors make informed investment decisions
 

bt_logoFUND PERFORMANCE

As On Jan 01, 2023
Compare fund’s performance against category average across different time periods


No Data Found.
Returns <= 1 year are absolute and > 1 year are annualised (CAGR)
For calculating Category Return & Scheme Ranking, only Growth & Direct schemes are considered.

bt_logoFUND COMPARISON



No Data Found.
*For the other fund, rescaled NAVs are used
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bt_logoRETURN CALCULATOR

Check the return on your investment in the fund
Axis Money Market Fund Direct Growth
Investment Type
Monthly Investment
Time Period (yrs)
Annual Return in %
  • Invested Amount
    0
  • Return
    0
  • Current Value
    0

bt_logoFUND MANAGER

Devang Shah
Devang Shah
i
Lead Fund Manager.
Aug 6, 2019 - Present
  • Fund Manager Rank4Out of 20
    i
    Rank measured on the basis of consistent alpha the fund manager delivered in the same category over a period of three years (factors only Direct plan, Growth option)
  • Schemes managed23
  • Total AUM1,01,596.25 Cr
  • Highest Return In 1 Yr10.06 %
Other Funds
  • table
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1M
3M
6M
1Y
3Y
5Y
Fund NameMorningstar RatingNAVFund ReturnCategory ReturnRiskFund Size
--
₹ 1,248.58
1.13%
0.81%
Moderate Risk
525.91Cr
₹ 35.18
0.22%
0.17%
Moderately High risk
288.68Cr
₹ 32.76
0.54%
0.56%
Moderate Risk
1,278.98Cr
Axis Long Duration Fund Direct Growth
Moderate Risk--
  • NAV₹ 1,248.58
  • Fund Size525.91Cr
Fund Return1.13%
Category Return0.81%
Axis Regular Saver Fund Direct Plan Growth Option
Moderately High risk
  • NAV₹ 35.18
  • Fund Size288.68Cr
Fund Return0.22%
Category Return0.17%
Axis Dynamic Bond Fund Direct Plan Growth Option
Moderate Risk
  • NAV₹ 32.76
  • Fund Size1,278.98Cr
Fund Return0.54%
Category Return0.56%
Returns <= 1 year are absolute and > 1 year are annualised (CAGR)
Aditya Pagaria
Aditya Pagaria
i
Lead Fund Manager.
Aug 6, 2019 - Present
  • Schemes managed17
  • Total AUM1,03,293.67 Cr
  • Highest Return In 1 Yr37.69 %
Other Funds
  • table
  • card
1M
3M
6M
1Y
3Y
5Y
Fund NameMorningstar RatingNAVFund ReturnCategory ReturnRiskFund Size
₹ 15.72
0.61%
0.46%
Low to Moderate Risk
6,032.44Cr
Axis Nifty AAA Bond Plus SDL Apr 2026 50:50 ETF Fund of Fund Direct Growth
Moderate Risk--
  • NAV₹ 12.32
  • Fund Size256.32Cr
Fund Return0.39%
Category Return--
Axis Ultra Short Term Fund Direct Growth
Low to Moderate Risk
  • NAV₹ 15.72
  • Fund Size6,032.44Cr
Fund Return0.61%
Category Return0.46%
Axis NIFTY G-Sec September 2032 Index Fund Direct Growth
Moderate Risk--
  • NAV--
  • Fund Size0.00Cr
Fund Return--
Category Return--
Returns <= 1 year are absolute and > 1 year are annualised (CAGR)
Sachin Jain
Sachin Jain
i
Lead Fund Manager.
Nov 9, 2021 - Present
  • Schemes managed13
  • Total AUM85,107.22 Cr
  • Highest Return In 1 Yr10.06 %
Other Funds
  • table
  • card
1M
3M
6M
1Y
3Y
5Y
Fund NameMorningstar RatingNAVFund ReturnCategory ReturnRiskFund Size
₹ 15.72
0.61%
0.46%
Low to Moderate Risk
6,032.44Cr
--
₹ 18.59
-0.38%
-0.46%
Very High Risk
8,272.23Cr
--
₹ 1,375.43
0.44%
-%
Low Risk
8,297.25Cr
Axis Ultra Short Term Fund Direct Growth
Low to Moderate Risk
  • NAV₹ 15.72
  • Fund Size6,032.44Cr
Fund Return0.61%
Category Return0.46%
Axis Multicap Fund Direct Growth
Very High Risk--
  • NAV₹ 18.59
  • Fund Size8,272.23Cr
Fund Return-0.38%
Category Return-0.46%
Axis Overnight Fund Direct Growth
Low Risk--
  • NAV₹ 1,375.43
  • Fund Size8,297.25Cr
Fund Return0.44%
Category Return--
Returns <= 1 year are absolute and > 1 year are annualised (CAGR)

bt_logoDETAILED PORTFOLIO

As on Jul, 2025
EQUITY (-%)
DEBT (22.65%)
CASH (77.11%)
Allocation by Market Cap
Other Cap(0.24%)
Industry Holdings
No Data For Allocation
Stock Holdings
No Data For Allocation

bt_logoPERFORMANCE MEASURES

Fund evaluation across critical parameters for better decision making. Study period is 3 years.
  • Consistency
    i
    It represents the consistency of a fund in beating its benchmark.
  • Downside Risk
    i
    Measured by Maximum Drawdown which shows the maximum loss from a peak to a nadir over a specified time period
    ----
  • Risk Adjusted Return
    i
    Risk adjusted return represents the return generated after factoring the risk taken to achieve it.
  • Volatility
    i
    Volatility represents the standard deviation of fund returns that is, how much the fund returns have deviated from the average.
  • Upside Capture Ratio
    i
    Fund performance relative to the index when the market is up. An upside capture ratio of >100 indicates better fund performance.
  • Downside Capture Ratio
    i
    Fund performance relative to the index when the market is down. A downside capture ratio of <100 indicates better fund performance.
    ----

bt_logoHISTORICAL RISK MEASURES

Statistical measures to evaluate mutual fund risk. All ratios are calculated for a three-year time duration.
  • Alpha: Excess return of the fund over benchmark
    i
    Any Alpha above zero is considered good. However, for comparison, a fund with a higher Alpha is considered better. Alpha is normally used in conjunction with Beta. If the Beta is high, it implies that the fund manager took a high risk to generate Alpha.
    -0.14
    This Fund
    VS
    -0.52
    Category Avg
  • R-Squared: How well the fund tracks benchmark
    i
    R-Squared measures the correlation of fund returns and its benchmark returns. It varies between 0 and 1. The metric, Beta makes no sense if R-Squared is equal to zero. Thus, both Beta and R-Squared should be used in conjunction. A fund with a high R-Squared and low Beta is considered a less risky fund.
    67.70
    This Fund
    VS
    47.44
    Category Avg
  • Beta: Risk of the fund in relation to benchmark
    i
    Beta >1 indicates that the fund is more volatile than its benchmark while Beta < 1 indicates that the fund is less volatile than its benchmark. The Beta of the benchmark is equal to 1.
    3.76
    This Fund
    VS
    3.16
    Category Avg
  • Sharpe Ratio: Risk adjusted return of the fund
    i
    Sharpe Ratio is a measure of return per unit of risk. A higher Sharpe ratio indicates better risk adjusted return given by the fund.
    2.46
    This Fund
    VS
    1.03
    Category Avg
  • Sortino Ratio: Return per unit of bad risk
    i
    A variation of Sharpe ratio, Sortino considers only the downside risk. Unlike Sharpe ratio which considers both good risk and bad risk, Sortino factors only the bad risk. A high Sortino ratio indicates better return for each unit of downside risk.
    11.77
    This Fund
    VS
    4.09
    Category Avg
  • Standard Devation: Volatility of the fund
    i
    Standard deviation is a measure of dispersion of fund returns from its average return. A fund with a higher Standard deviation is more volatile than a fund with a low standard deviation.
    0.37
    This Fund
    VS
    0.54
    Category Avg
Benchmark used in calculation : S&P BSE 500 India TR INR

bt_logoPEER ANALYSIS

1M
3M
6M
1Y
3Y
5Y
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Fund NameMorningstar RatingNAV Fund Return Category ReturnRisk Fund Size
₹ 4,846.41
0.61%
0.50%
Low to Moderate Risk
₹ 32,550.91 Cr
₹ 4,236.09
0.61%
0.50%
Low to Moderate Risk
₹ 20,190.74 Cr
₹ 15.20
0.61%
0.50%
Low to Moderate Risk
₹ 1,396.44 Cr
--
₹ 1,287.28
0.60%
0.50%
Low to Moderate Risk
₹ 2,453.23 Cr
₹ 43.97
0.60%
0.50%
Low to Moderate Risk
₹ 11,082.43 Cr
₹ 1,454.83
0.60%
0.50%
Low to Moderate Risk
₹ 18,168.60 Cr
Tata Money Market Fund Direct Plan Growth
Low to Moderate Risk
  • NAV₹ 4,846.41
  • Fund Size₹ 32,550.91 Cr
Fund Return0.61%
Category Return0.50%
Nippon India Money Market Fund Direct Plan Growth Option
Low to Moderate Risk
  • NAV₹ 4,236.09
  • Fund Size₹ 20,190.74 Cr
Fund Return0.61%
Category Return0.50%
Sundaram Money Market Direct Growth
Low to Moderate Risk
  • NAV₹ 15.20
  • Fund Size₹ 1,396.44 Cr
Fund Return0.61%
Category Return0.50%
Mirae Asset Money Market Fund Direct Growth
Low to Moderate Risk--
  • NAV₹ 1,287.28
  • Fund Size₹ 2,453.23 Cr
Fund Return0.60%
Category Return0.50%
Bandhan Money Manager Fund Direct Plan Growth
Low to Moderate Risk
  • NAV₹ 43.97
  • Fund Size₹ 11,082.43 Cr
Fund Return0.60%
Category Return0.50%
Axis Money Market Fund Direct Growth
Low to Moderate Risk
  • NAV₹ 1,454.83
  • Fund Size₹ 18,168.60 Cr
Fund Return0.60%
Category Return0.50%
Returns <= 1 year are absolute and > 1 year are annualised (CAGR)

bt_logoTOP FUNDS FROM THIS AMC

1M
3M
6M
1Y
3Y
5Y
  • card
  • table
Fund NameMorningstar RatingNAV Fund Return Category Return Risk Fund Size (Cr)
--
₹ 20.02
8.46%
4.15%
Very High Risk
₹ 141.64 Cr
--
₹ 9.04
8.32%
--
Very High Risk
₹ 571.90 Cr
--
₹ 15.47
5.25%
--
Very High Risk
₹ 544.77 Cr
--
₹ 21.43
5.08%
--
Very High Risk
₹ 174.47 Cr
--
₹ 21.12
4.44%
--
Very High Risk
₹ 955.31 Cr
--
₹ 19.76
2.51%
--
Very High Risk
₹ 1,204.91 Cr
Axis Silver Fund of Funds Direct Growth
Very High Risk--
  • NAV₹ 20.02
  • Fund Size₹ 141.64 Cr
1 Month Return8.46%
Category Return4.15%
Axis Greater China Equity Fund of Fund Direct Growth
Very High Risk--
  • NAV₹ 9.04
  • Fund Size₹ 571.90 Cr
1 Month Return8.32%
Category Return--
Axis Global Innovation Fund of Fund Direct Growth
Very High Risk--
  • NAV₹ 15.47
  • Fund Size₹ 544.77 Cr
1 Month Return5.25%
Category Return--
Axis NASDAQ 100 Fund of Fund Direct Growth
Very High Risk--
  • NAV₹ 21.43
  • Fund Size₹ 174.47 Cr
1 Month Return5.08%
Category Return--
Axis Global Equity Alpha Fund of Fund Direct Growth
Very High Risk--
  • NAV₹ 21.12
  • Fund Size₹ 955.31 Cr
1 Month Return4.44%
Category Return--
Axis Special Situations Fund Direct Growth
Very High Risk--
  • NAV₹ 19.76
  • Fund Size₹ 1,204.91 Cr
1 Month Return2.51%
Category Return--
Returns <= 1 year are absolute and > 1 year are annualised (CAGR)

bt_logoABOUT THE AMC

company icon
Axis Asset Management Company Limited
Axis Asset Management Company Limited manages assets worth ₹ 3,43,054.18 crores. It’s current offering of mutual fund schemes includes 33 equity, 30 debt and 12 hybrid schemes.
phone icon
Phone
+91 22 43255161
mail icon
Email
customerservice@axismf.com
aum
AUM
3,43,054.18 Cr (
As on Jun 30, 2025
)
location
Address
Axis House, 1st Floor, C-2, Wadia International Centre, Mumbai,400 025

bt_logoFAQ's

What is the category of Axis Money Market Fund Direct Growth ?
The category of Axis Money Market Fund Direct Growth is Fixed Income - Money Market
What is the current NAV of Axis Money Market Fund Direct Growth ?
The current NAV of Axis Money Market Fund Direct Growth as on Jul 25, 2025 is ₹1,454.83
How safe is Axis Money Market Fund Direct Growth ?
The risk level of Axis Money Market Fund Direct Growth is Low to Moderate.
What are short term returns given by Axis Money Market Fund Direct Growth ?
The return given by Axis Money Market Fund Direct Growth in 1 month is 0.60%, 3 months is 1.92%, 6 months is 4.41%, and 1 year is 8.25%
What are the long term returns given by Axis Money Market Fund Direct Growth ?
The return given by Axis Money Market Fund Direct Growth in 3 years is 7.67% and 5 years is 6.21%.
What is the expense ratio of Axis Money Market Fund Direct Growth ?
The expense ratio of Axis Money Market Fund Direct Growth is 0.17%
What is the AUM of Axis Money Market Fund Direct Growth ?
The assets under Management (AUM) of Axis Money Market Fund Direct Growth is Rs 18,168.60 crores.
What is the minimum investment in Axis Money Market Fund Direct Growth ?
The minimum Lumpsum investment in Axis Money Market Fund Direct Growth is ₹5,000.00 and the minimum SIP investment in Axis Money Market Fund Direct Growth is ₹1,000.00
What is the asset allocation of Axis Money Market Fund Direct Growth?
Axis Money Market Fund Direct Growth has an exposure of 22.65% in Debt and 77.11% in Cash & Money Market Securities