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Axis Money Market Fund Direct Growth
DebtMoney MarketLow to Moderate Risk
Direct
NAV (28-Aug-25)
₹1462.280.03%1D
Returns (Since Inception)
6.47%
Rated ★4.3+ on 
Fund Overview
Fund Size
₹20,134 Cr
Expense Ratio
0.16%
ISIN
INF846K01Q62
Minimum SIP
₹1,000
Exit Load
No Charges
Inception Date
06 Aug 2019
About this fund
Axis Money Market Fund Direct Growth is a Money Market mutual fund schemes offered by Axis Mutual Fund. This fund has been in existence for 6 years and 23 days, having been launched on 06-Aug-19.
As of 28-Aug-25, it has a Net Asset Value (NAV) of ₹1462.28, Assets Under Management (AUM) of 20133.86 Crores, and an expense ratio of 0.16%.
As of 28-Aug-25, it has a Net Asset Value (NAV) of ₹1462.28, Assets Under Management (AUM) of 20133.86 Crores, and an expense ratio of 0.16%.
- Axis Money Market Fund Direct Growth has given a CAGR return of 6.47% since inception.
- The fund's asset allocation comprises around 0.00% in equities, 19.91% in debts, and 79.83% in cash & cash equivalents.
- You can start investing in Axis Money Market Fund Direct Growth with a SIP of ₹1000 or a Lumpsum investment of ₹5000.
Performance against Category Average
In this section, we compare the returns of the scheme with the category average over various periods. Periods for which the fund has outperformed its category average are marked in green, otherwise red.
1 Year
+8.09%
+5.93% (Cat Avg.)
3 Years
+7.68%
— (Cat Avg.)
5 Years
+6.23%
— (Cat Avg.)
Since Inception
+6.47%
— (Cat Avg.)
Portfolio Summaryas of 15th August 2025
| Debt | ₹4,009.41 Cr | 19.91% |
| Others | ₹16,124.46 Cr | 80.09% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type  | Amount | Holdings |
|---|---|---|---|
| HDFC Bank Limited | Cash - CD/Time Deposit | ₹644.31 Cr | 3.20% |
| Canara Bank | Cash - CD/Time Deposit | ₹631.9 Cr | 3.14% |
| Kotak Mahindra Bank Limited | Cash - CD/Time Deposit | ₹585.29 Cr | 2.91% |
| National Bank For Agriculture And Rural Development | Cash - CD/Time Deposit | ₹582.96 Cr | 2.90% |
| Small Industries Development Bank Of India | Cash - CD/Time Deposit | ₹580.96 Cr | 2.89% |
| HDFC Bank Ltd. | Bond - Corporate Bond | ₹578.55 Cr | 2.87% |
| National Bank For Agriculture And Rural Development | Cash - CD/Time Deposit | ₹533.43 Cr | 2.65% |
| HDFC Bank Ltd | Cash - CD/Time Deposit | ₹480.99 Cr | 2.39% |
| Bajaj Housing Finance Ltd. | Cash - Commercial Paper | ₹462.7 Cr | 2.30% |
| Canara Bank | Cash - CD/Time Deposit | ₹438.53 Cr | 2.18% |
| Small Industries Development Bank Of India | Cash - CD/Time Deposit | ₹413.06 Cr | 2.05% |
| Canara Bank | Cash - CD/Time Deposit | ₹386.56 Cr | 1.92% |
| Indian Bank | Cash - CD/Time Deposit | ₹362.4 Cr | 1.80% |
| Indusind Bank Limited | Cash - CD/Time Deposit | ₹343.89 Cr | 1.71% |
| Indusind Bank Limited | Cash - CD/Time Deposit | ₹340.63 Cr | 1.69% |
| Bharti Telecom Limited | Cash - Commercial Paper | ₹338.66 Cr | 1.68% |
| L & T Finance Holdings Limited | Cash - Commercial Paper | ₹331.76 Cr | 1.65% |
| The Federal Bank Limited | Cash - CD/Time Deposit | ₹294.6 Cr | 1.46% |
| 364 Days Tbill Red 05-02-2026 | Bond - Gov't/Treasury | ₹292.34 Cr | 1.45% |
| Union Bank Of India | Cash - CD/Time Deposit | ₹291.91 Cr | 1.45% |
| IDFC First Bank Ltd. | Bond - Corporate Bond | ₹291.7 Cr | 1.45% |
| HDFC Bank Limited | Cash - CD/Time Deposit | ₹291.51 Cr | 1.45% |
| Small Industries Development Bank Of India | Cash - CD/Time Deposit | ₹267.19 Cr | 1.33% |
| Small Industries Development Bank Of India | Cash - CD/Time Deposit | ₹262.4 Cr | 1.30% |
| 364 DTB 18122025 | Bond - Gov't/Treasury | ₹255.22 Cr | 1.27% |
| Aditya Birla Housing Finance Ltd. | Cash - Commercial Paper | ₹245.21 Cr | 1.22% |
| National Bank for Agriculture and Rural Development | Bond - Gov't Agency Debt | ₹243.46 Cr | 1.21% |
| Kotak Mahindra Bank Ltd. | Bond - Corporate Bond | ₹243.28 Cr | 1.21% |
| Kotak Mahindra Bank Limited | Cash - CD/Time Deposit | ₹242.52 Cr | 1.20% |
| Birla Group Holdings Private Limited | Cash - Commercial Paper | ₹241.26 Cr | 1.20% |
| Tata Capital Ltd. | Cash - Commercial Paper | ₹237.89 Cr | 1.18% |
| L&T Finance Ltd. | Cash - Commercial Paper | ₹237.6 Cr | 1.18% |
| Cholamandalam Investment And Fin. Co. Ltd | Cash - Commercial Paper | ₹237.26 Cr | 1.18% |
| Motilal Oswal Finvest Limited | Cash - Commercial Paper | ₹235.3 Cr | 1.17% |
| 08.67 KA Sdl 2026 | Bond - Gov't/Treasury | ₹213.15 Cr | 1.06% |
| 08.38 RJ Sdl 2026 | Bond - Gov't/Treasury | ₹207.31 Cr | 1.03% |
| Union Bank Of India | Cash - CD/Time Deposit | ₹196.76 Cr | 0.98% |
| Bank Of Baroda (05/01/2026) | Cash - CD/Time Deposit | ₹195.39 Cr | 0.97% |
| IDBI Bank Limited (Industrial Development Bank Of India Ltd) | Cash - CD/Time Deposit | ₹194.3 Cr | 0.97% |
| IDBI Bank Limited | Cash - CD/Time Deposit | ₹193.66 Cr | 0.96% |
| Small Industries Development Bank Of India | Cash - CD/Time Deposit | ₹193.27 Cr | 0.96% |
| National Bank For Agriculture & Rural Development** | Cash - CD/Time Deposit | ₹193.21 Cr | 0.96% |
| 360 One Prime Ltd. | Cash - Commercial Paper | ₹192.74 Cr | 0.96% |
| Bank Of Baroda | Cash - CD/Time Deposit | ₹192.34 Cr | 0.96% |
| 08.38 HR Sdl 2026 | Bond - Gov't/Treasury | ₹190.66 Cr | 0.95% |
| Punjab National Bank | Bond - Gov't Agency Debt | ₹180.39 Cr | 0.90% |
| 08.38 KA Sdl 2026 | Bond - Gov't/Treasury | ₹177.02 Cr | 0.88% |
| Indusind Bank Ltd. | Cash - CD/Time Deposit | ₹147.17 Cr | 0.73% |
| Nuvama Wealth and Investment Ltd. | Cash - Commercial Paper | ₹146.21 Cr | 0.73% |
| The Federal Bank Limited | Cash - CD/Time Deposit | ₹146.21 Cr | 0.73% |
| Tata Capital Housing Finance Ltd. | Cash - Commercial Paper | ₹146.21 Cr | 0.73% |
| Au Small Finance Bank Limited | Cash - CD/Time Deposit | ₹145.78 Cr | 0.72% |
| 364 Days Tbill (Md 05/03/2026) | Bond - Gov't/Treasury | ₹145.58 Cr | 0.72% |
| Godrej Finance Limited | Cash - Commercial Paper | ₹145.14 Cr | 0.72% |
| Piramal Enterprises Limited | Cash - Commercial Paper | ₹145.07 Cr | 0.72% |
| National Bank For Agriculture And Rural Development | Cash - CD/Time Deposit | ₹144.98 Cr | 0.72% |
| 360 One Prime Ltd. | Cash - Commercial Paper | ₹144.75 Cr | 0.72% |
| Piramal Enterprises Limited | Cash - Commercial Paper | ₹144.66 Cr | 0.72% |
| National Bank For Agriculture And Rural Development | Cash - CD/Time Deposit | ₹144.62 Cr | 0.72% |
| 08.38 Tn SDL 2026 | Bond - Gov't/Treasury | ₹134.54 Cr | 0.67% |
| Export-Import Bank Of India | Cash - Commercial Paper | ₹121.67 Cr | 0.60% |
| Infina Finance Private Limited | Cash - Commercial Paper | ₹120.91 Cr | 0.60% |
| 08.39 MP Sdl 2026 | Bond - Gov't/Treasury | ₹116.32 Cr | 0.58% |
| Piramal Finance Limited | Cash - Commercial Paper | ₹98.37 Cr | 0.49% |
| 182 Days Tbill Red 29-01-2026 | Bond - Gov't/Treasury | ₹97.56 Cr | 0.48% |
| Union Bank Of India | Cash - CD/Time Deposit | ₹97.23 Cr | 0.48% |
| Birla Group Holdings Private Limited | Cash - Commercial Paper | ₹97.2 Cr | 0.48% |
| Credila Financial Services Limited | Cash - Commercial Paper | ₹97.02 Cr | 0.48% |
| The Federal Bank Limited | Cash - CD/Time Deposit | ₹96.89 Cr | 0.48% |
| Godrej Housing Finance Limited | Cash - Commercial Paper | ₹96.88 Cr | 0.48% |
| HDFC Bank Limited | Cash - CD/Time Deposit | ₹96.87 Cr | 0.48% |
| Standard Chartered Capital Limited | Cash - Commercial Paper | ₹96.56 Cr | 0.48% |
| Motilal Oswal Financial Services Ltd | Cash - Commercial Paper | ₹96.23 Cr | 0.48% |
| Arka Fincap Limited | Cash - Commercial Paper | ₹96.15 Cr | 0.48% |
| Small Industries Development Bank Of India | Cash - CD/Time Deposit | ₹95.66 Cr | 0.48% |
| 06.90 OIL SPL 2026 | Bond - Gov't Agency Debt | ₹95.47 Cr | 0.47% |
| L&T Finance Ltd. | Cash - Commercial Paper | ₹95.21 Cr | 0.47% |
| Truhome Finance Ltd. | Cash - Commercial Paper | ₹95.18 Cr | 0.47% |
| Motilal Oswal Financial Services Ltd | Cash - Commercial Paper | ₹94.19 Cr | 0.47% |
| 08.38 OD Sdl 2026 | Bond - Gov't/Treasury | ₹85.97 Cr | 0.43% |
| 08.08 MH Sdl 2026 | Bond - Gov't/Treasury | ₹76.38 Cr | 0.38% |
| Bank Of India | Cash - CD/Time Deposit | ₹72.91 Cr | 0.36% |
| Birla Group Holdings Private Limited | Cash - Commercial Paper | ₹72.73 Cr | 0.36% |
| Birla Group Holdings Private Limited | Cash - Commercial Paper | ₹72.72 Cr | 0.36% |
| Pilani Investment & Industries Corporation Limited | Cash - Commercial Paper | ₹72.72 Cr | 0.36% |
| National Bank For Agriculture And Rural Development | Cash - CD/Time Deposit | ₹72.62 Cr | 0.36% |
| National Bank for Agriculture and Rural Development | Cash - Commercial Paper | ₹72.57 Cr | 0.36% |
| 08.69 Tn SDL 2026 | Bond - Gov't/Treasury | ₹65.98 Cr | 0.33% |
| India (Republic of) | Bond - Short-term Government Bills | ₹63.61 Cr | 0.32% |
| Net Receivables / (Payables) | Cash | ₹-52.84 Cr | 0.26% |
| SBI - Corporate Debt Market Development Fund (CDMDF) - Class A2 | Mutual Fund - Open End | ₹51.13 Cr | 0.25% |
| 08.47 MH Sdl 2026 | Bond - Gov't/Treasury | ₹50.64 Cr | 0.25% |
| 08.39 AP Sdl 2026 | Bond - Gov't/Treasury | ₹50.57 Cr | 0.25% |
| 364 DTB 23-Oct-2025 | Bond - Gov't/Treasury | ₹49.5 Cr | 0.25% |
| Federal Bank Ltd. | Cash - CD/Time Deposit | ₹49.18 Cr | 0.24% |
| Canara Bank | Cash - CD/Time Deposit | ₹49 Cr | 0.24% |
| AU Small Finance Bank Ltd. | Bond - Corporate Bond | ₹48.65 Cr | 0.24% |
| Kotak Mahindra Bank Ltd. | Bond - Corporate Bond | ₹48.33 Cr | 0.24% |
| Canara Bank** | Cash - CD/Time Deposit | ₹48.27 Cr | 0.24% |
| Tata Capital Limited (11/03/2026) ** | Cash - Commercial Paper | ₹48.26 Cr | 0.24% |
| 08.83 Up SDL 2026 | Bond - Gov't/Treasury | ₹35.55 Cr | 0.18% |
| Bank Of India | Cash - CD/Time Deposit | ₹24.58 Cr | 0.12% |
| Kotak Mahindra Bank Limited (Formerly Kotak Mahindra Finance Limited) | Cash - CD/Time Deposit | ₹24.41 Cr | 0.12% |
| Canara Bank | Cash - CD/Time Deposit | ₹24.36 Cr | 0.12% |
| HDFC Bank Limited | Cash - CD/Time Deposit | ₹24.32 Cr | 0.12% |
| Birla Group Holdings Private Limited | Cash - Commercial Paper | ₹24.09 Cr | 0.12% |
| Mankind Pharma Limited | Cash - Commercial Paper | ₹14.84 Cr | 0.07% |
| 08.23 CG Sdl 2025 | Bond - Gov't/Treasury | ₹10.07 Cr | 0.05% |
| HDFC Securities Limited | Cash - Commercial Paper | ₹9.87 Cr | 0.05% |
| Canara Bank | Cash - CD/Time Deposit | ₹9.8 Cr | 0.05% |
| 08.27 Tn SDL 2026 | Bond - Gov't/Treasury | ₹6.06 Cr | 0.03% |
| 08.60 BR Sdl 2026 | Bond - Gov't/Treasury | ₹5.08 Cr | 0.03% |
| Clearing Corporation Of India Ltd | Cash - Repurchase Agreement | ₹2 Cr | 0.01% |
| Interest Rate Swaps Pay Fix Receive Floating -Icisecpd (14/04/2026) (Fv 250 | Interest Rate Swap | ₹-0.04 Cr | 0.00% |
| Interest Rate Swaps Pay Fix Receive Floating -Icici Bank (11/09/2025) (Fv 5 | Interest Rate Swap | ₹-0.02 Cr | 0.00% |
Allocation By Credit Quality (Debt)
AAA
Other Allocation
Equity Sector
Debt & Others
| Instruments | Amount | Holdings |
|---|---|---|
| Cash - CD/Time Deposit | ₹10,848.82 Cr | 53.88% |
| Cash - Commercial Paper | ₹5,225.85 Cr | 25.96% |
| Bond - Gov't/Treasury | ₹2,265.52 Cr | 11.25% |
| Bond - Corporate Bond | ₹1,210.51 Cr | 6.01% |
| Bond - Gov't Agency Debt | ₹519.32 Cr | 2.58% |
| Bond - Short-term Government Bills | ₹63.61 Cr | 0.32% |
| Cash | ₹-52.84 Cr | 0.26% |
| Mutual Fund - Open End | ₹51.13 Cr | 0.25% |
| Cash - Repurchase Agreement | ₹2 Cr | 0.01% |
| Interest Rate Swap | ₹-0.06 Cr | 0.00% |
Risk & Performance Ratios
Standard Deviation
This fund
0.36%
Cat. avg.
0.53%
Lower the better
Sharpe Ratio
This fund
2.60
Cat. avg.
1.14
Higher the better
Sortino Ratio
This fund
--
Cat. avg.
4.58
Higher the better
Fund Managers
Additional Scheme Detailsas of 15th August 2025
ISIN INF846K01Q62 | Expense Ratio 0.16% | Exit Load No Charges | Fund Size ₹20,134 Cr | Age 6 years | Lumpsum Minimum ₹5,000 | Fund Status Open Ended Investment Company | Benchmark Nifty Money Market TR INR |
Investment Objective
To seek to generate long-term capital growth from an actively managed portfolio primarily of Equity and Equity Related Securities. Scheme shall invest in Indian equities,foreign equities and related instruments and debt securities.
Tax Treatment
Capital Gains Taxation:
Dividend Taxation:
Note: As per the Income Tax Budget 2024, mutual funds are subject to capital gains taxation, which includes surcharge and cess based on prevailing income tax rules and the investor’s income. Taxation applies only to realised gains, not notional gains. Please consult your tax advisors to determine the implications or consequences of your investments in such securities.
Similar Money Market Funds
| Fund name | Expense Ratio | Exit Load | Fund size | 1Y  |
|---|---|---|---|---|
| JioBlackRock Money Market Fund Direct Growth Low to Moderate Risk | 0.1% | 0.0% | - | - |
| Bank of India Money Market Fund Regular Growth Low to Moderate Risk | 0.6% | 0.0% | ₹140.75 Cr | - |
| Bank of India Money Market Fund Direct Growth Low to Moderate Risk | 0.1% | 0.0% | ₹140.75 Cr | - |
| Zerodha Nifty 1D Rate Liquid ETF Low Risk | 0.3% | - | ₹5063.94 Cr | 5.9% |
| Mirae Asset Money Market Fund Direct Growth Low to Moderate Risk | 0.1% | 0.0% | ₹3716.26 Cr | 8.1% |
| Mirae Asset Money Market Fund Regular Growth Low to Moderate Risk | 0.4% | 0.0% | ₹3716.26 Cr | 7.8% |
| HSBC Money Market Fund Direct Growth Low to Moderate Risk | 0.1% | 0.0% | ₹4899.34 Cr | 8.0% |
| ICICI Prudential Money Market Fund Direct Growth Low to Moderate Risk | 0.2% | 0.0% | ₹37742.97 Cr | 8.0% |
| Bandhan Money Manager Fund Direct Growth Low to Moderate Risk | 0.1% | 0.0% | ₹13433.65 Cr | 8.1% |
| Nippon India Money Market Fund Direct Growth Moderate Risk | 0.2% | 0.0% | ₹22812.39 Cr | 8.1% |
| Invesco India Money Market Fund Direct Growth Low to Moderate Risk | 0.2% | 0.0% | ₹5843.18 Cr | 7.9% |
| Edelweiss Money Market Fund Direct Growth Low to Moderate Risk | 0.2% | 0.0% | ₹1977.61 Cr | 8.0% |
| Kotak Money Market Scheme Direct Growth Low to Moderate Risk | 0.2% | 0.0% | ₹35859.02 Cr | 8.0% |
| Axis Money Market Fund Direct Growth Low to Moderate Risk | 0.2% | 0.0% | ₹20133.86 Cr | 8.1% |
| Axis Money Market Fund Regular Growth Low to Moderate Risk | 0.3% | 0.0% | ₹20133.86 Cr | 7.9% |
| Sundaram Money Market Fund Regular Growth Moderate Risk | 0.3% | 0.0% | ₹2301.21 Cr | 7.8% |
| Sundaram Money Market Fund Direct Growth Moderate Risk | 0.2% | 0.0% | ₹2301.21 Cr | 8.0% |
| Invesco India Money Market Fund Regular Growth Low to Moderate Risk | 0.5% | 0.0% | ₹5843.18 Cr | 7.6% |
| UTI Money Market Fund Direct Growth Low to Moderate Risk | 0.1% | 0.0% | ₹20708.14 Cr | 8.1% |
| Aditya BSL Money Manager Fund Direct Growth Moderate Risk | 0.2% | 0.0% | ₹29630.47 Cr | 8.0% |
| SBI Savings Fund Direct Growth Moderate Risk | 0.3% | 0.0% | ₹38136.05 Cr | 8.0% |
| Tata Money Market Fund Direct Growth Low to Moderate Risk | 0.1% | 0.0% | ₹41420.81 Cr | 8.2% |
| Franklin India Money Market Fund Direct Growth Low to Moderate Risk | 0.1% | 0.0% | ₹4080.41 Cr | 8.1% |
| Baroda BNP Paribas Money Market Fund Direct Growth Low to Moderate Risk | 0.2% | 0.0% | ₹2048.14 Cr | 8.0% |
| Baroda BNP Paribas Money Market Fund Regular Growth Low to Moderate Risk | 0.4% | 0.0% | ₹2048.14 Cr | 7.7% |
| DSP Savings Fund Direct Growth Moderate Risk | 0.1% | 0.0% | ₹5495.49 Cr | 7.7% |
| HDFC Money Market Fund Direct Growth Low to Moderate Risk | 0.2% | 0.0% | ₹36484.94 Cr | 8.0% |
| PGIM India Money Market Fund Regular Growth Low to Moderate Risk | 0.5% | 0.0% | ₹268.01 Cr | 7.6% |
| PGIM India Money Market Fund Direct Growth Low to Moderate Risk | 0.2% | 0.0% | ₹268.01 Cr | 7.8% |
| UTI Money Market Fund Regular Growth Low to Moderate Risk | 0.2% | 0.0% | ₹20708.14 Cr | 8.0% |
| Bajaj Finserv Money Market Fund Regular Growth Low to Moderate Risk | 0.8% | 0.0% | ₹5828.18 Cr | 7.5% |
| Bajaj Finserv Money Market Fund Direct Growth Low to Moderate Risk | 0.1% | 0.0% | ₹5828.18 Cr | 8.1% |
| Kotak Money Market Scheme Regular Growth Low to Moderate Risk | 0.4% | 0.0% | ₹35859.02 Cr | 7.9% |
| Aditya BSL Money Manager Fund Regular Growth Moderate Risk | 0.3% | 0.0% | ₹29630.47 Cr | 7.9% |
| Bandhan Money Manager Fund Regular Growth Low to Moderate Risk | 0.3% | 0.0% | ₹13433.65 Cr | 7.8% |
| DSP Savings Fund Regular Growth Moderate Risk | 0.4% | 0.0% | ₹5495.49 Cr | 7.4% |
| HSBC Money Market Fund Regular Growth Low to Moderate Risk | 0.3% | 0.0% | ₹4899.34 Cr | 7.8% |
| SBI Savings Fund Regular Growth Moderate Risk | 0.7% | 0.0% | ₹38136.05 Cr | 7.5% |
| ICICI Prudential Money Market Fund Regular Growth Low to Moderate Risk | 0.3% | 0.0% | ₹37742.97 Cr | 7.9% |
| Nippon India Money Market Fund Regular Growth Moderate Risk | 0.4% | 0.0% | ₹22812.39 Cr | 7.9% |
| HDFC Money Market Fund Regular Growth Low to Moderate Risk | 0.4% | 0.0% | ₹36484.94 Cr | 7.9% |
| Franklin India Money Market Fund Regular Growth Low to Moderate Risk | 0.3% | 0.0% | ₹4080.41 Cr | 7.9% |
| Tata Money Market Fund Regular Growth Low to Moderate Risk | 0.4% | 0.0% | ₹41420.81 Cr | 7.9% |
| LIC MF Money Market Fund Regular Growth Low to Moderate Risk | 0.5% | 0.0% | ₹2055.87 Cr | 6.7% |
| LIC MF Money Market Fund Direct Growth Low to Moderate Risk | 0.2% | 0.0% | ₹2055.87 Cr | 7.1% |
| TRUSTMF Money Market Fund Regular Growth Low to Moderate Risk | 0.5% | 0.0% | ₹124.11 Cr | 7.5% |
| TRUSTMF Money Market Fund Direct Growth Low to Moderate Risk | 0.2% | 0.0% | ₹124.11 Cr | 7.8% |
| Union Money Market Fund Regular Growth Low to Moderate Risk | 0.9% | 0.0% | ₹173.63 Cr | 6.9% |
| Union Money Market Fund Direct Growth Low to Moderate Risk | 0.2% | 0.0% | ₹173.63 Cr | 7.7% |
| Edelweiss Money Market Fund Regular Growth Low to Moderate Risk | 0.8% | 0.0% | ₹1977.61 Cr | 7.2% |
About the AMC
Axis Mutual Fund
Total AUM
₹3,49,980 Cr
Address
Axis House, 1st Floor, C-2, Wadia International Centre, Mumbai, 400 025
Other Funds by Axis Mutual Fund
Risk Level
Your principal amount will be at Low to Moderate Risk
Take control of your wealth
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Still got questions?
We're here to help.
What is the current NAV of Axis Money Market Fund Direct Growth?
The NAV of Axis Money Market Fund Direct Growth, as of 28-Aug-2025, is ₹1462.28.
What are the returns of Axis Money Market Fund Direct Growth?
The fund has generated 8.09% over the last 1 year and 7.68% over the last 3 years. However, this does not guarantee that the fund will perform similarly in the future.
What is the portfolio composition of Axis Money Market Fund Direct Growth?
The fund's allocation of assets is distributed as 0.00% in equities, 19.91% in bonds, and 79.83% in cash and cash equivalents.
Who manages the Axis Money Market Fund Direct Growth?
The fund managers responsible for Axis Money Market Fund Direct Growth are:-
- Devang Shah
- Aditya Pagaria
- Sachin Jain
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Disclaimer: Mutual Fund investments are subject to market risks, read all scheme-related documents carefully. The NAVs of the schemes may go up or down depending upon the factors and forces affecting the securities market including the fluctuations in the interest rates. The past performance of the mutual funds is not necessarily indicative of the future performance of the schemes. Investors are requested to review the prospectus carefully and obtain expert professional advice with regard to specific legal, tax and financial implications of the investment/participation in the scheme.
Axis Money Market Fund Direct Growth
DebtMoney MarketLow to Moderate Risk
Direct
NAV (28-Aug-25)
₹1462.280.03%1D
Returns (Since Inception)
6.47%
Rated ★4.3+ on
Fund Overview
Fund Size
₹20,134 Cr
Expense Ratio
0.16%
ISIN
INF846K01Q62
Minimum SIP
₹1,000
Exit Load
No Charges
Inception Date
06 Aug 2019
Risk Level
Your principal amount will be at Low to Moderate Risk
About this fund
Axis Money Market Fund Direct Growth is a Money Market mutual fund schemes offered by Axis Mutual Fund. This fund has been in existence for 6 years and 23 days, having been launched on 06-Aug-19.
As of 28-Aug-25, it has a Net Asset Value (NAV) of ₹1462.28, Assets Under Management (AUM) of 20133.86 Crores, and an expense ratio of 0.16%.
As of 28-Aug-25, it has a Net Asset Value (NAV) of ₹1462.28, Assets Under Management (AUM) of 20133.86 Crores, and an expense ratio of 0.16%.
- Axis Money Market Fund Direct Growth has given a CAGR return of 6.47% since inception.
- The fund's asset allocation comprises around 0.00% in equities, 19.91% in debts, and 79.83% in cash & cash equivalents.
- You can start investing in Axis Money Market Fund Direct Growth with a SIP of ₹1000 or a Lumpsum investment of ₹5000.
Performance against Category Average
In this section, we compare the returns of the scheme with the category average over various periods. Periods for which the fund has outperformed its category average are marked in green, otherwise red.
1 Year
+8.09%
+5.93% (Cat Avg.)
3 Years
+7.68%
— (Cat Avg.)
5 Years
+6.23%
— (Cat Avg.)
Since Inception
+6.47%
— (Cat Avg.)
Portfolio Summaryas of 15th August 2025
| Debt | ₹4,009.41 Cr | 19.91% |
| Others | ₹16,124.46 Cr | 80.09% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type | Amount | Holdings |
|---|---|---|---|
| HDFC Bank Limited | Cash - CD/Time Deposit | ₹644.31 Cr | 3.20% |
| Canara Bank | Cash - CD/Time Deposit | ₹631.9 Cr | 3.14% |
| Kotak Mahindra Bank Limited | Cash - CD/Time Deposit | ₹585.29 Cr | 2.91% |
| National Bank For Agriculture And Rural Development | Cash - CD/Time Deposit | ₹582.96 Cr | 2.90% |
| Small Industries Development Bank Of India | Cash - CD/Time Deposit | ₹580.96 Cr | 2.89% |
| HDFC Bank Ltd. | Bond - Corporate Bond | ₹578.55 Cr | 2.87% |
| National Bank For Agriculture And Rural Development | Cash - CD/Time Deposit | ₹533.43 Cr | 2.65% |
| HDFC Bank Ltd | Cash - CD/Time Deposit | ₹480.99 Cr | 2.39% |
| Bajaj Housing Finance Ltd. | Cash - Commercial Paper | ₹462.7 Cr | 2.30% |
| Canara Bank | Cash - CD/Time Deposit | ₹438.53 Cr | 2.18% |
| Small Industries Development Bank Of India | Cash - CD/Time Deposit | ₹413.06 Cr | 2.05% |
| Canara Bank | Cash - CD/Time Deposit | ₹386.56 Cr | 1.92% |
| Indian Bank | Cash - CD/Time Deposit | ₹362.4 Cr | 1.80% |
| Indusind Bank Limited | Cash - CD/Time Deposit | ₹343.89 Cr | 1.71% |
| Indusind Bank Limited | Cash - CD/Time Deposit | ₹340.63 Cr | 1.69% |
| Bharti Telecom Limited | Cash - Commercial Paper | ₹338.66 Cr | 1.68% |
| L & T Finance Holdings Limited | Cash - Commercial Paper | ₹331.76 Cr | 1.65% |
| The Federal Bank Limited | Cash - CD/Time Deposit | ₹294.6 Cr | 1.46% |
| 364 Days Tbill Red 05-02-2026 | Bond - Gov't/Treasury | ₹292.34 Cr | 1.45% |
| Union Bank Of India | Cash - CD/Time Deposit | ₹291.91 Cr | 1.45% |
| IDFC First Bank Ltd. | Bond - Corporate Bond | ₹291.7 Cr | 1.45% |
| HDFC Bank Limited | Cash - CD/Time Deposit | ₹291.51 Cr | 1.45% |
| Small Industries Development Bank Of India | Cash - CD/Time Deposit | ₹267.19 Cr | 1.33% |
| Small Industries Development Bank Of India | Cash - CD/Time Deposit | ₹262.4 Cr | 1.30% |
| 364 DTB 18122025 | Bond - Gov't/Treasury | ₹255.22 Cr | 1.27% |
| Aditya Birla Housing Finance Ltd. | Cash - Commercial Paper | ₹245.21 Cr | 1.22% |
| National Bank for Agriculture and Rural Development | Bond - Gov't Agency Debt | ₹243.46 Cr | 1.21% |
| Kotak Mahindra Bank Ltd. | Bond - Corporate Bond | ₹243.28 Cr | 1.21% |
| Kotak Mahindra Bank Limited | Cash - CD/Time Deposit | ₹242.52 Cr | 1.20% |
| Birla Group Holdings Private Limited | Cash - Commercial Paper | ₹241.26 Cr | 1.20% |
| Tata Capital Ltd. | Cash - Commercial Paper | ₹237.89 Cr | 1.18% |
| L&T Finance Ltd. | Cash - Commercial Paper | ₹237.6 Cr | 1.18% |
| Cholamandalam Investment And Fin. Co. Ltd | Cash - Commercial Paper | ₹237.26 Cr | 1.18% |
| Motilal Oswal Finvest Limited | Cash - Commercial Paper | ₹235.3 Cr | 1.17% |
| 08.67 KA Sdl 2026 | Bond - Gov't/Treasury | ₹213.15 Cr | 1.06% |
| 08.38 RJ Sdl 2026 | Bond - Gov't/Treasury | ₹207.31 Cr | 1.03% |
| Union Bank Of India | Cash - CD/Time Deposit | ₹196.76 Cr | 0.98% |
| Bank Of Baroda (05/01/2026) | Cash - CD/Time Deposit | ₹195.39 Cr | 0.97% |
| IDBI Bank Limited (Industrial Development Bank Of India Ltd) | Cash - CD/Time Deposit | ₹194.3 Cr | 0.97% |
| IDBI Bank Limited | Cash - CD/Time Deposit | ₹193.66 Cr | 0.96% |
| Small Industries Development Bank Of India | Cash - CD/Time Deposit | ₹193.27 Cr | 0.96% |
| National Bank For Agriculture & Rural Development** | Cash - CD/Time Deposit | ₹193.21 Cr | 0.96% |
| 360 One Prime Ltd. | Cash - Commercial Paper | ₹192.74 Cr | 0.96% |
| Bank Of Baroda | Cash - CD/Time Deposit | ₹192.34 Cr | 0.96% |
| 08.38 HR Sdl 2026 | Bond - Gov't/Treasury | ₹190.66 Cr | 0.95% |
| Punjab National Bank | Bond - Gov't Agency Debt | ₹180.39 Cr | 0.90% |
| 08.38 KA Sdl 2026 | Bond - Gov't/Treasury | ₹177.02 Cr | 0.88% |
| Indusind Bank Ltd. | Cash - CD/Time Deposit | ₹147.17 Cr | 0.73% |
| Nuvama Wealth and Investment Ltd. | Cash - Commercial Paper | ₹146.21 Cr | 0.73% |
| The Federal Bank Limited | Cash - CD/Time Deposit | ₹146.21 Cr | 0.73% |
| Tata Capital Housing Finance Ltd. | Cash - Commercial Paper | ₹146.21 Cr | 0.73% |
| Au Small Finance Bank Limited | Cash - CD/Time Deposit | ₹145.78 Cr | 0.72% |
| 364 Days Tbill (Md 05/03/2026) | Bond - Gov't/Treasury | ₹145.58 Cr | 0.72% |
| Godrej Finance Limited | Cash - Commercial Paper | ₹145.14 Cr | 0.72% |
| Piramal Enterprises Limited | Cash - Commercial Paper | ₹145.07 Cr | 0.72% |
| National Bank For Agriculture And Rural Development | Cash - CD/Time Deposit | ₹144.98 Cr | 0.72% |
| 360 One Prime Ltd. | Cash - Commercial Paper | ₹144.75 Cr | 0.72% |
| Piramal Enterprises Limited | Cash - Commercial Paper | ₹144.66 Cr | 0.72% |
| National Bank For Agriculture And Rural Development | Cash - CD/Time Deposit | ₹144.62 Cr | 0.72% |
| 08.38 Tn SDL 2026 | Bond - Gov't/Treasury | ₹134.54 Cr | 0.67% |
| Export-Import Bank Of India | Cash - Commercial Paper | ₹121.67 Cr | 0.60% |
| Infina Finance Private Limited | Cash - Commercial Paper | ₹120.91 Cr | 0.60% |
| 08.39 MP Sdl 2026 | Bond - Gov't/Treasury | ₹116.32 Cr | 0.58% |
| Piramal Finance Limited | Cash - Commercial Paper | ₹98.37 Cr | 0.49% |
| 182 Days Tbill Red 29-01-2026 | Bond - Gov't/Treasury | ₹97.56 Cr | 0.48% |
| Union Bank Of India | Cash - CD/Time Deposit | ₹97.23 Cr | 0.48% |
| Birla Group Holdings Private Limited | Cash - Commercial Paper | ₹97.2 Cr | 0.48% |
| Credila Financial Services Limited | Cash - Commercial Paper | ₹97.02 Cr | 0.48% |
| The Federal Bank Limited | Cash - CD/Time Deposit | ₹96.89 Cr | 0.48% |
| Godrej Housing Finance Limited | Cash - Commercial Paper | ₹96.88 Cr | 0.48% |
| HDFC Bank Limited | Cash - CD/Time Deposit | ₹96.87 Cr | 0.48% |
| Standard Chartered Capital Limited | Cash - Commercial Paper | ₹96.56 Cr | 0.48% |
| Motilal Oswal Financial Services Ltd | Cash - Commercial Paper | ₹96.23 Cr | 0.48% |
| Arka Fincap Limited | Cash - Commercial Paper | ₹96.15 Cr | 0.48% |
| Small Industries Development Bank Of India | Cash - CD/Time Deposit | ₹95.66 Cr | 0.48% |
| 06.90 OIL SPL 2026 | Bond - Gov't Agency Debt | ₹95.47 Cr | 0.47% |
| L&T Finance Ltd. | Cash - Commercial Paper | ₹95.21 Cr | 0.47% |
| Truhome Finance Ltd. | Cash - Commercial Paper | ₹95.18 Cr | 0.47% |
| Motilal Oswal Financial Services Ltd | Cash - Commercial Paper | ₹94.19 Cr | 0.47% |
| 08.38 OD Sdl 2026 | Bond - Gov't/Treasury | ₹85.97 Cr | 0.43% |
| 08.08 MH Sdl 2026 | Bond - Gov't/Treasury | ₹76.38 Cr | 0.38% |
| Bank Of India | Cash - CD/Time Deposit | ₹72.91 Cr | 0.36% |
| Birla Group Holdings Private Limited | Cash - Commercial Paper | ₹72.73 Cr | 0.36% |
| Birla Group Holdings Private Limited | Cash - Commercial Paper | ₹72.72 Cr | 0.36% |
| Pilani Investment & Industries Corporation Limited | Cash - Commercial Paper | ₹72.72 Cr | 0.36% |
| National Bank For Agriculture And Rural Development | Cash - CD/Time Deposit | ₹72.62 Cr | 0.36% |
| National Bank for Agriculture and Rural Development | Cash - Commercial Paper | ₹72.57 Cr | 0.36% |
| 08.69 Tn SDL 2026 | Bond - Gov't/Treasury | ₹65.98 Cr | 0.33% |
| India (Republic of) | Bond - Short-term Government Bills | ₹63.61 Cr | 0.32% |
| Net Receivables / (Payables) | Cash | ₹-52.84 Cr | 0.26% |
| SBI - Corporate Debt Market Development Fund (CDMDF) - Class A2 | Mutual Fund - Open End | ₹51.13 Cr | 0.25% |
| 08.47 MH Sdl 2026 | Bond - Gov't/Treasury | ₹50.64 Cr | 0.25% |
| 08.39 AP Sdl 2026 | Bond - Gov't/Treasury | ₹50.57 Cr | 0.25% |
| 364 DTB 23-Oct-2025 | Bond - Gov't/Treasury | ₹49.5 Cr | 0.25% |
| Federal Bank Ltd. | Cash - CD/Time Deposit | ₹49.18 Cr | 0.24% |
| Canara Bank | Cash - CD/Time Deposit | ₹49 Cr | 0.24% |
| AU Small Finance Bank Ltd. | Bond - Corporate Bond | ₹48.65 Cr | 0.24% |
| Kotak Mahindra Bank Ltd. | Bond - Corporate Bond | ₹48.33 Cr | 0.24% |
| Canara Bank** | Cash - CD/Time Deposit | ₹48.27 Cr | 0.24% |
| Tata Capital Limited (11/03/2026) ** | Cash - Commercial Paper | ₹48.26 Cr | 0.24% |
| 08.83 Up SDL 2026 | Bond - Gov't/Treasury | ₹35.55 Cr | 0.18% |
| Bank Of India | Cash - CD/Time Deposit | ₹24.58 Cr | 0.12% |
| Kotak Mahindra Bank Limited (Formerly Kotak Mahindra Finance Limited) | Cash - CD/Time Deposit | ₹24.41 Cr | 0.12% |
| Canara Bank | Cash - CD/Time Deposit | ₹24.36 Cr | 0.12% |
| HDFC Bank Limited | Cash - CD/Time Deposit | ₹24.32 Cr | 0.12% |
| Birla Group Holdings Private Limited | Cash - Commercial Paper | ₹24.09 Cr | 0.12% |
| Mankind Pharma Limited | Cash - Commercial Paper | ₹14.84 Cr | 0.07% |
| 08.23 CG Sdl 2025 | Bond - Gov't/Treasury | ₹10.07 Cr | 0.05% |
| HDFC Securities Limited | Cash - Commercial Paper | ₹9.87 Cr | 0.05% |
| Canara Bank | Cash - CD/Time Deposit | ₹9.8 Cr | 0.05% |
| 08.27 Tn SDL 2026 | Bond - Gov't/Treasury | ₹6.06 Cr | 0.03% |
| 08.60 BR Sdl 2026 | Bond - Gov't/Treasury | ₹5.08 Cr | 0.03% |
| Clearing Corporation Of India Ltd | Cash - Repurchase Agreement | ₹2 Cr | 0.01% |
| Interest Rate Swaps Pay Fix Receive Floating -Icisecpd (14/04/2026) (Fv 250 | Interest Rate Swap | ₹-0.04 Cr | 0.00% |
| Interest Rate Swaps Pay Fix Receive Floating -Icici Bank (11/09/2025) (Fv 5 | Interest Rate Swap | ₹-0.02 Cr | 0.00% |
Allocation By Credit Quality (Debt)
AAA
Other Allocation
Equity Sector
Debt & Others
| Instruments | Amount | Holdings |
|---|---|---|
| Cash - CD/Time Deposit | ₹10,848.82 Cr | 53.88% |
| Cash - Commercial Paper | ₹5,225.85 Cr | 25.96% |
| Bond - Gov't/Treasury | ₹2,265.52 Cr | 11.25% |
| Bond - Corporate Bond | ₹1,210.51 Cr | 6.01% |
| Bond - Gov't Agency Debt | ₹519.32 Cr | 2.58% |
| Bond - Short-term Government Bills | ₹63.61 Cr | 0.32% |
| Cash | ₹-52.84 Cr | 0.26% |
| Mutual Fund - Open End | ₹51.13 Cr | 0.25% |
| Cash - Repurchase Agreement | ₹2 Cr | 0.01% |
| Interest Rate Swap | ₹-0.06 Cr | 0.00% |
Risk & Performance Ratios
Standard Deviation
This fund
0.36%
Cat. avg.
0.53%
Lower the better
Sharpe Ratio
This fund
2.60
Cat. avg.
1.14
Higher the better
Sortino Ratio
This fund
--
Cat. avg.
4.58
Higher the better
Fund Managers
Additional Scheme Detailsas of 15th August 2025
ISIN INF846K01Q62 | Expense Ratio 0.16% | Exit Load No Charges | Fund Size ₹20,134 Cr | Age 6 years | Lumpsum Minimum ₹5,000 | Fund Status Open Ended Investment Company | Benchmark Nifty Money Market TR INR |
Investment Objective
To seek to generate long-term capital growth from an actively managed portfolio primarily of Equity and Equity Related Securities. Scheme shall invest in Indian equities,foreign equities and related instruments and debt securities.
Tax Treatment
Capital Gains Taxation:
Dividend Taxation:
Note: As per the Income Tax Budget 2024, mutual funds are subject to capital gains taxation, which includes surcharge and cess based on prevailing income tax rules and the investor’s income. Taxation applies only to realised gains, not notional gains. Please consult your tax advisors to determine the implications or consequences of your investments in such securities.
Similar Money Market Funds
| Fund name | Expense Ratio | Exit Load | Fund size | 1Y |
|---|---|---|---|---|
| JioBlackRock Money Market Fund Direct Growth Low to Moderate Risk | 0.1% | 0.0% | - | - |
| Bank of India Money Market Fund Regular Growth Low to Moderate Risk | 0.6% | 0.0% | ₹140.75 Cr | - |
| Bank of India Money Market Fund Direct Growth Low to Moderate Risk | 0.1% | 0.0% | ₹140.75 Cr | - |
| Zerodha Nifty 1D Rate Liquid ETF Low Risk | 0.3% | - | ₹5063.94 Cr | 5.9% |
| Mirae Asset Money Market Fund Direct Growth Low to Moderate Risk | 0.1% | 0.0% | ₹3716.26 Cr | 8.1% |
| Mirae Asset Money Market Fund Regular Growth Low to Moderate Risk | 0.4% | 0.0% | ₹3716.26 Cr | 7.8% |
| HSBC Money Market Fund Direct Growth Low to Moderate Risk | 0.1% | 0.0% | ₹4899.34 Cr | 8.0% |
| ICICI Prudential Money Market Fund Direct Growth Low to Moderate Risk | 0.2% | 0.0% | ₹37742.97 Cr | 8.0% |
| Bandhan Money Manager Fund Direct Growth Low to Moderate Risk | 0.1% | 0.0% | ₹13433.65 Cr | 8.1% |
| Nippon India Money Market Fund Direct Growth Moderate Risk | 0.2% | 0.0% | ₹22812.39 Cr | 8.1% |
| Invesco India Money Market Fund Direct Growth Low to Moderate Risk | 0.2% | 0.0% | ₹5843.18 Cr | 7.9% |
| Edelweiss Money Market Fund Direct Growth Low to Moderate Risk | 0.2% | 0.0% | ₹1977.61 Cr | 8.0% |
| Kotak Money Market Scheme Direct Growth Low to Moderate Risk | 0.2% | 0.0% | ₹35859.02 Cr | 8.0% |
| Axis Money Market Fund Direct Growth Low to Moderate Risk | 0.2% | 0.0% | ₹20133.86 Cr | 8.1% |
| Axis Money Market Fund Regular Growth Low to Moderate Risk | 0.3% | 0.0% | ₹20133.86 Cr | 7.9% |
| Sundaram Money Market Fund Regular Growth Moderate Risk | 0.3% | 0.0% | ₹2301.21 Cr | 7.8% |
| Sundaram Money Market Fund Direct Growth Moderate Risk | 0.2% | 0.0% | ₹2301.21 Cr | 8.0% |
| Invesco India Money Market Fund Regular Growth Low to Moderate Risk | 0.5% | 0.0% | ₹5843.18 Cr | 7.6% |
| UTI Money Market Fund Direct Growth Low to Moderate Risk | 0.1% | 0.0% | ₹20708.14 Cr | 8.1% |
| Aditya BSL Money Manager Fund Direct Growth Moderate Risk | 0.2% | 0.0% | ₹29630.47 Cr | 8.0% |
| SBI Savings Fund Direct Growth Moderate Risk | 0.3% | 0.0% | ₹38136.05 Cr | 8.0% |
| Tata Money Market Fund Direct Growth Low to Moderate Risk | 0.1% | 0.0% | ₹41420.81 Cr | 8.2% |
| Franklin India Money Market Fund Direct Growth Low to Moderate Risk | 0.1% | 0.0% | ₹4080.41 Cr | 8.1% |
| Baroda BNP Paribas Money Market Fund Direct Growth Low to Moderate Risk | 0.2% | 0.0% | ₹2048.14 Cr | 8.0% |
| Baroda BNP Paribas Money Market Fund Regular Growth Low to Moderate Risk | 0.4% | 0.0% | ₹2048.14 Cr | 7.7% |
| DSP Savings Fund Direct Growth Moderate Risk | 0.1% | 0.0% | ₹5495.49 Cr | 7.7% |
| HDFC Money Market Fund Direct Growth Low to Moderate Risk | 0.2% | 0.0% | ₹36484.94 Cr | 8.0% |
| PGIM India Money Market Fund Regular Growth Low to Moderate Risk | 0.5% | 0.0% | ₹268.01 Cr | 7.6% |
| PGIM India Money Market Fund Direct Growth Low to Moderate Risk | 0.2% | 0.0% | ₹268.01 Cr | 7.8% |
| UTI Money Market Fund Regular Growth Low to Moderate Risk | 0.2% | 0.0% | ₹20708.14 Cr | 8.0% |
| Bajaj Finserv Money Market Fund Regular Growth Low to Moderate Risk | 0.8% | 0.0% | ₹5828.18 Cr | 7.5% |
| Bajaj Finserv Money Market Fund Direct Growth Low to Moderate Risk | 0.1% | 0.0% | ₹5828.18 Cr | 8.1% |
| Kotak Money Market Scheme Regular Growth Low to Moderate Risk | 0.4% | 0.0% | ₹35859.02 Cr | 7.9% |
| Aditya BSL Money Manager Fund Regular Growth Moderate Risk | 0.3% | 0.0% | ₹29630.47 Cr | 7.9% |
| Bandhan Money Manager Fund Regular Growth Low to Moderate Risk | 0.3% | 0.0% | ₹13433.65 Cr | 7.8% |
| DSP Savings Fund Regular Growth Moderate Risk | 0.4% | 0.0% | ₹5495.49 Cr | 7.4% |
| HSBC Money Market Fund Regular Growth Low to Moderate Risk | 0.3% | 0.0% | ₹4899.34 Cr | 7.8% |
| SBI Savings Fund Regular Growth Moderate Risk | 0.7% | 0.0% | ₹38136.05 Cr | 7.5% |
| ICICI Prudential Money Market Fund Regular Growth Low to Moderate Risk | 0.3% | 0.0% | ₹37742.97 Cr | 7.9% |
| Nippon India Money Market Fund Regular Growth Moderate Risk | 0.4% | 0.0% | ₹22812.39 Cr | 7.9% |
| HDFC Money Market Fund Regular Growth Low to Moderate Risk | 0.4% | 0.0% | ₹36484.94 Cr | 7.9% |
| Franklin India Money Market Fund Regular Growth Low to Moderate Risk | 0.3% | 0.0% | ₹4080.41 Cr | 7.9% |
| Tata Money Market Fund Regular Growth Low to Moderate Risk | 0.4% | 0.0% | ₹41420.81 Cr | 7.9% |
| LIC MF Money Market Fund Regular Growth Low to Moderate Risk | 0.5% | 0.0% | ₹2055.87 Cr | 6.7% |
| LIC MF Money Market Fund Direct Growth Low to Moderate Risk | 0.2% | 0.0% | ₹2055.87 Cr | 7.1% |
| TRUSTMF Money Market Fund Regular Growth Low to Moderate Risk | 0.5% | 0.0% | ₹124.11 Cr | 7.5% |
| TRUSTMF Money Market Fund Direct Growth Low to Moderate Risk | 0.2% | 0.0% | ₹124.11 Cr | 7.8% |
| Union Money Market Fund Regular Growth Low to Moderate Risk | 0.9% | 0.0% | ₹173.63 Cr | 6.9% |
| Union Money Market Fund Direct Growth Low to Moderate Risk | 0.2% | 0.0% | ₹173.63 Cr | 7.7% |
| Edelweiss Money Market Fund Regular Growth Low to Moderate Risk | 0.8% | 0.0% | ₹1977.61 Cr | 7.2% |
About the AMC
Axis Mutual Fund
Total AUM
₹3,49,980 Cr
Address
Axis House, 1st Floor, C-2, Wadia International Centre, Mumbai, 400 025
Other Funds by Axis Mutual Fund
Related Articles
Still got questions?
We're here to help.
What is the current NAV of Axis Money Market Fund Direct Growth?
The NAV of Axis Money Market Fund Direct Growth, as of 28-Aug-2025, is ₹1462.28.
What are the returns of Axis Money Market Fund Direct Growth?
The fund has generated 8.09% over the last 1 year and 7.68% over the last 3 years. However, this does not guarantee that the fund will perform similarly in the future.
What is the portfolio composition of Axis Money Market Fund Direct Growth?
The fund's allocation of assets is distributed as 0.00% in equities, 19.91% in bonds, and 79.83% in cash and cash equivalents.
Who manages the Axis Money Market Fund Direct Growth?
The fund managers responsible for Axis Money Market Fund Direct Growth are:-
- Devang Shah
- Aditya Pagaria
- Sachin Jain
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Disclaimer: Mutual Fund investments are subject to market risks, read all scheme-related documents carefully. The NAVs of the schemes may go up or down depending upon the factors and forces affecting the securities market including the fluctuations in the interest rates. The past performance of the mutual funds is not necessarily indicative of the future performance of the schemes. Investors are requested to review the prospectus carefully and obtain expert professional advice with regard to specific legal, tax and financial implications of the investment/participation in the scheme.
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Mutual Fund distribution services are offered through Dezerv Distribution Services Pvt Limited, a wholly owned subsidiary with AMFI Registration No.: ARN -248439. **Mutual fund investments are subject to market risks, read all scheme related documents carefully.** Terms and conditions of the website are applicable. Privacy policy of the website is applicable.
Dezerv Investments Private Limited is a Portfolio Manager with SEBI Registration no. INP000007377, a member of BSE with SEBI Stock Broker Registration no. INZ000303136, and an Investment Manager to Category - I AIF-VCF-Angel Fund with SEBI Registration no. IN/AIF1/22-23/1066.
Mutual Fund distribution services are offered through Dezerv Distribution Services Pvt Limited, a wholly owned subsidiary with AMFI Registration No.: ARN -248439. **Mutual fund investments are subject to market risks, read all scheme related documents carefully.** Terms and conditions of the website are applicable. Privacy policy of the website is applicable.
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