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Fund Overview

Fund Size

Fund Size

₹8,369 Cr

Expense Ratio

Expense Ratio

0.35%

ISIN

ISIN

INF846K01R46

Minimum SIP

Minimum SIP

₹1,000

Exit Load

Exit Load

No Charges

Inception Date

Inception Date

06 Aug 2019

About this fund

Axis Money Market Fund Regular Growth is a Money Market mutual fund schemes offered by Axis Mutual Fund. This fund has been in existence for 4 years, 10 months and 6 days, having been launched on 06-Aug-19.
As of 11-Jun-24, it has a Net Asset Value (NAV) of ₹1321.34, Assets Under Management (AUM) of 8369.16 Crores, and an expense ratio of 0.35%.
  • Axis Money Market Fund Regular Growth has given a CAGR return of 5.92% since inception.
  • The fund's asset allocation comprises around 0.00% in equities, 27.51% in debts, and 72.28% in cash & cash equivalents.
  • You can start investing in Axis Money Market Fund Regular 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

+7.50%

+5.83% (Cat Avg.)

3 Years

+5.90%

+5.27% (Cat Avg.)

Since Inception

+5.92%

(Cat Avg.)

Portfolio Summaryas of 31st May 2024

Debt2,302.67 Cr27.51%
Others6,066.49 Cr72.49%

Top Holdings

All Holdings

Equity

Debt & Others

NameType sortAmount sortHoldings sort
Punjab National BankCash - CD/Time Deposit546.83 Cr6.53%
National Bank For Agriculture And Rural DevelopmentCash - CD/Time Deposit284.21 Cr3.40%
Canara BankCash - CD/Time Deposit238.78 Cr2.85%
Small Industries Development Bank Of IndiaCash - CD/Time Deposit237.65 Cr2.84%
Union Bank Of IndiaCash - CD/Time Deposit232.12 Cr2.77%
Bank Of BarodaCash - CD/Time Deposit194.11 Cr2.32%
India (Republic of)Bond - Short-term Government Bills190.33 Cr2.27%
The Federal Bank LimitedCash - CD/Time Deposit188.84 Cr2.26%
India (Republic of)Bond - Short-term Government Bills153.27 Cr1.83%
08.03 GJ Sdl 2025Bond - Gov't/Treasury147.08 Cr1.76%
Small Industries Development Bank Of India**Cash - Commercial Paper147 Cr1.76%
HDFC Bank LimitedCash - CD/Time Deposit144.43 Cr1.73%
Small Industries Development Bank Of IndiaCash - CD/Time Deposit144.08 Cr1.72%
Small Industries Development Bank Of IndiaCash - CD/Time Deposit143.38 Cr1.71%
Small Industries Development Bank Of IndiaCash - CD/Time Deposit143.21 Cr1.71%
Cholamandalam Investment & Finance Co Ltd.Cash - Commercial Paper142.9 Cr1.71%
National Bank For Agriculture And Rural DevelopmentCash - CD/Time Deposit142.49 Cr1.70%
Icici Securities LimitedCash - Commercial Paper142.37 Cr1.70%
ICICI Bank Ltd.Bond - Corporate Bond142.17 Cr1.70%
IDFC First Bank Ltd.Bond - Corporate Bond142.12 Cr1.70%
Indusind Bank LimitedCash - CD/Time Deposit142.02 Cr1.70%
HDFC Bank LimitedCash - CD/Time Deposit142 Cr1.70%
Kotak Mahindra Bank Limited (Formerly Kotak Mahindra Finance Limited)Cash - CD/Time Deposit118.23 Cr1.41%
Infina Finance Pvt Ltd.Cash - Commercial Paper112.24 Cr1.34%
Net Receivables / (Payables)Cash-103.39 Cr1.24%
07.89 GJ Sdl 2025Bond - Gov't/Treasury100.6 Cr1.20%
05.89 AP Sdl 2025Bond - Gov't/Treasury98.82 Cr1.18%
360 One Wam Ltd.Cash - Commercial Paper97.69 Cr1.17%
Punjab National BankCash - CD/Time Deposit96.32 Cr1.15%
364 DTB 26122024Bond - Gov't/Treasury96.17 Cr1.15%
LIC Housing Finance LimitedCash - Commercial Paper96.04 Cr1.15%
India (Republic of)Bond - Short-term Government Bills95.67 Cr1.14%
HDFC Bank Ltd.Bond - Corporate Bond95.25 Cr1.14%
Punjab National BankBond - Gov't Agency Debt95.22 Cr1.14%
HDFC Bank LimitedCash - CD/Time Deposit95.13 Cr1.14%
National Bank For Agriculture And Rural DevelopmentCash - CD/Time Deposit95.09 Cr1.14%
Punjab National BankCash - CD/Time Deposit95.08 Cr1.14%
India (Republic of)Bond - Short-term Government Bills95.04 Cr1.14%
Barclays Investments & Loans (India) Private LimitedCash - Commercial Paper94.91 Cr1.13%
Icici Securities LimitedCash - Commercial Paper94.87 Cr1.13%
Kotak Mahindra Bank LimitedCash - CD/Time Deposit94.86 Cr1.13%
HDFC Bank Ltd.Bond - Corporate Bond94.82 Cr1.13%
Indusind Bank Ltd.Bond - Corporate Bond94.79 Cr1.13%
Indusind Bank Ltd.Bond - Corporate Bond94.66 Cr1.13%
Birla Group Holdings Private LimitedCash - Commercial Paper94.56 Cr1.13%
Export-Import Bank of IndiaCash - Commercial Paper94.53 Cr1.13%
Canara BankBond - Gov't Agency Debt94.51 Cr1.13%
Indian BankBond - Gov't Agency Debt94.47 Cr1.13%
Icici Securities LimitedCash - Commercial Paper94.43 Cr1.13%
Infina Finance Pvt Ltd.Cash - Commercial Paper94.41 Cr1.13%
LIC Housing Finance Ltd.Cash - Commercial Paper94.27 Cr1.13%
Infina Finance Pvt Ltd.Bond - Corporate Bond93.68 Cr1.12%
Phoenix Arc Private LimitedCash - Commercial Paper91.5 Cr1.09%
360 One Wam Ltd.Cash - Commercial Paper73.83 Cr0.88%
HDFC Bank LimitedCash - CD/Time Deposit73.47 Cr0.88%
ICICI Bank LimitedCash - CD/Time Deposit72.24 Cr0.86%
Godrej Housing Finance LimitedCash - Commercial Paper70.96 Cr0.85%
National Bank For Agriculture And Rural DevelopmentCash - CD/Time Deposit70.93 Cr0.85%
Godrej Finance Ltd.Cash - Commercial Paper70.79 Cr0.85%
Birla Group Holdings Private LimitedCash - Commercial Paper70.37 Cr0.84%
JM Financial Products LimitedCash - Commercial Paper49.61 Cr0.59%
364 DTB 24102024Bond - Gov't/Treasury48.65 Cr0.58%
Bank Of BarodaCash - CD/Time Deposit48.6 Cr0.58%
The Federal Bank LimitedCash - CD/Time Deposit48.24 Cr0.58%
Small Industries Development Bank Of IndiaCash - CD/Time Deposit48.09 Cr0.57%
Canara BankCash - CD/Time Deposit47.75 Cr0.57%
Canara BankCash - CD/Time Deposit47.7 Cr0.57%
Tata Capital Housing Finance Ltd.Cash - Commercial Paper47.57 Cr0.57%
National Bank for Agriculture and Rural DevelopmentCash - CD/Time Deposit47.48 Cr0.57%
HDFC Bank LimitedCash - CD/Time Deposit47.28 Cr0.56%
Motilal Oswal Financial Services LtdCash - Commercial Paper47.18 Cr0.56%
Motilal Oswal Financial Services LtdCash - Commercial Paper47.17 Cr0.56%
Bharti Telecom LimitedCash - Commercial Paper47.09 Cr0.56%
08.27 HR Sdl 2025Bond - Gov't/Treasury45.42 Cr0.54%
08.10 Tn SDL 2025Bond - Gov't/Treasury35.24 Cr0.42%
JM Financial Services LimitedCash - Commercial Paper33.13 Cr0.40%
08.07 GJ Sdl 2025Bond - Gov't/Treasury26.15 Cr0.31%
Union Bank of IndiaBond - Gov't Agency Debt23.68 Cr0.28%
07.95 OIL SPL 2025Bond - Gov't Agency Debt20.08 Cr0.24%
Clearing Corporation Of India LtdCash - Repurchase Agreement18.06 Cr0.22%
SBI - Corporate Debt Market Development Fund (CDMDF) - Class A2Mutual Fund - Open End16.95 Cr0.20%
08.09 MP Sdl 2025Bond - Gov't/Treasury15.1 Cr0.18%
08.09 KL Sdl 2025Bond - Gov't/Treasury15.1 Cr0.18%
08.07 Tn SDL 2025febBond - Gov't/Treasury15.09 Cr0.18%
08.06 RJ Sdl 2025Bond - Gov't/Treasury14.89 Cr0.18%
India (Republic of)Bond - Short-term Government Bills14.79 Cr0.18%
08.07 Tn SDL 2025Bond - Gov't/Treasury10.06 Cr0.12%
Indusind Bank Ltd.Bond - Corporate Bond9.53 Cr0.11%
08.05 MH Sdl 2025Bond - Gov't/Treasury5.03 Cr0.06%

Allocation By Credit Quality (Debt)

AAA

Other Allocation

Equity Sector

Debt & Others

InstrumentsAmount sortHoldings sort
Cash - CD/Time Deposit4,070.63 Cr48.64%
Cash - Commercial Paper2,049.44 Cr24.49%
Bond - Corporate Bond767.02 Cr9.16%
Bond - Gov't/Treasury673.38 Cr8.05%
Bond - Short-term Government Bills549.11 Cr6.56%
Bond - Gov't Agency Debt327.95 Cr3.92%
Cash-103.39 Cr1.24%
Cash - Repurchase Agreement18.06 Cr0.22%
Mutual Fund - Open End16.95 Cr0.20%

Risk & Performance Ratios

Standard Deviation

This fund

0.56%

Cat. avg.

0.71%

Lower the better

Sharpe Ratio

This fund

0.73

Cat. avg.

-0.31

Higher the better

Sortino Ratio

This fund

--

Cat. avg.

-0.09

Higher the better

Fund Managers

Devang Shah

Devang Shah

Since August 2019

AP

Aditya Pagaria

Since August 2019

SJ

Sachin Jain

Since November 2021

Additional Scheme Detailsas of 31st May 2024

ISININF846K01R46Expense Ratio0.35%Exit LoadNo ChargesFund Size₹8,369 CrAge06 Aug 2019Lumpsum Minimum₹5,000Fund StatusOpen Ended Investment CompanyBenchmarkNifty Money Market TR INR

Investment ObjectiveInvestment 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

Withdrawal (irrespective of holding period)

Realised Gain (capital gains) are taxed at your marginal income tax rate

Note: Mutual funds are subject to capital gains taxation with surcharge and cess, based on prevailing income tax rules and investor income. Taxation applies 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 nameExpense RatioExit LoadFund size
1Y
Edelweiss Money Market Fund Regular Growth

Low to Moderate Risk

0.9%0.0%₹461.79 Cr6.7%
Union Money Market Fund Direct Growth

Low to Moderate Risk

0.3%0.0%₹181.37 Cr7.2%
Union Money Market Fund Regular Growth

Low to Moderate Risk

1.0%0.0%₹181.37 Cr6.4%
TRUSTMF Money Market Fund Direct Growth

Low to Moderate Risk

0.2%0.0%₹96.02 Cr7.2%
TRUSTMF Money Market Fund Regular Growth

Low to Moderate Risk

0.3%0.0%₹96.02 Cr7.1%
LIC MF Money Market Fund Direct Growth

Low Risk

0.6%0.0%₹20.44 Cr6.9%
LIC MF Money Market Fund Regular Growth

Low Risk

1.0%0.0%₹20.44 Cr6.5%
Tata Money Market Fund Regular Growth

Low to Moderate Risk

0.4%0.0%₹18756.93 Cr7.5%
Franklin India Money Market Fund Regular Growth

Low to Moderate Risk

0.3%0.0%₹1511.50 Cr7.4%
HDFC Money Market Fund Regular Growth

Moderate Risk

0.4%0.0%₹22479.76 Cr7.5%

About the AMC

Total AUM

₹2,83,506 Cr

Address

Axis House, 1st Floor, C-2, Wadia International Centre, Mumbai, 400 025

Other Funds by Axis Mutual Fund

Fund nameExpense RatioExit LoadFund size
1Y
Axis Fixed Term Plan Series 120 (91 Days) Direct Growth

Moderate Risk

-0.0%--
Axis US Treasury Dynamic Bond ETF Fund of Fund Direct Growth

Very High Risk

0.1%0.0%₹96.79 Cr-
Axis India Manufacturing Fund Direct Growth

Very High Risk

0.4%1.0%₹4683.25 Cr-
Axis Fixed Term Plan Series 118 100 Days Direct Growth

Moderate Risk

-0.0%--
Axis Fixed Term Plan Series 113 1228 Days Direct Growth

Low to Moderate Risk

-0.0%-7.0%
Axis Fixed Term Plan Series 110 1553 Days Direct Growth

Moderate Risk

-0.0%--
Axis Fixed Term Plan Series 105 1128 Days Direct Growth

Moderate Risk

-0.0%--
Axis Fixed Term Plan Series 112 1143 Days Direct Growth

Low to Moderate Risk

-0.0%-7.0%
Axis Nifty SDL September 2026 Debt Index Fund Direct Growth

Low to Moderate Risk

0.1%0.0%₹77.96 Cr7.1%
Axis Banking & PSU Debt Fund Direct Growth

Moderate Risk

0.3%0.0%₹13660.32 Cr6.8%
Axis Global Equity Alpha Fund of Fund Direct Growth

Very High Risk

1.0%1.0%₹884.80 Cr22.5%
Axis Nifty Smallcap 50 Index Fund Direct Growth

Very High Risk

0.3%0.0%₹310.57 Cr72.5%
Axis Flexi Cap Fund Direct Growth

Very High Risk

0.7%1.0%₹12011.72 Cr34.6%
Axis Money Market Fund Direct Growth

Low to Moderate Risk

0.2%0.0%₹8369.16 Cr7.7%
Axis Equity Hybrid Fund Direct Growth

Very High Risk

1.0%1.0%₹1575.04 Cr22.4%
Axis Special Situations Fund Direct Growth

Very High Risk

1.2%1.0%₹1208.96 Cr35.3%
Axis Corporate Debt Fund Direct Growth

Moderate Risk

0.3%0.0%₹5282.11 Cr7.4%
Axis ESG Equity Fund Direct Growth

Very High Risk

1.2%1.0%₹1338.05 Cr30.1%
Axis Arbitrage Fund Direct Growth

Low Risk

0.3%0.0%₹4938.62 Cr8.4%
Axis Greater China Equity Fund of Fund Direct Growth

Very High Risk

0.6%1.0%₹173.58 Cr1.5%
Axis Value Fund Direct Growth

Very High Risk

1.1%1.0%₹562.25 Cr51.1%
Axis All Seasons Debt Fund of Funds Direct Growth

Moderately High risk

0.2%1.0%₹175.96 Cr7.4%
Axis Gilt Fund Direct Growth

Moderate Risk

0.4%0.0%₹353.85 Cr8.5%
Axis Bluechip Fund Direct Growth

Very High Risk

0.6%1.0%₹32707.97 Cr29.4%
Axis Dynamic Bond Fund Direct Growth

Moderate Risk

0.3%0.0%₹1702.66 Cr6.5%
Axis Gold Fund Direct Growth

High Risk

0.2%1.0%₹495.31 Cr18.5%
Axis Focused 25 Fund Direct Growth

Very High Risk

0.8%1.0%₹13341.11 Cr26.9%
Axis Regular Saver Fund Direct Growth

Very High Risk

0.8%1.0%₹330.09 Cr10.7%
Axis Strategic Bond Fund Direct Growth

Moderately High risk

0.3%1.0%₹1931.97 Cr7.9%
Axis Long Term Equity Fund Direct Growth

Very High Risk

0.8%0.0%₹34895.64 Cr29.8%
Axis Short Term Fund Direct Growth

Moderate Risk

0.3%0.0%₹8006.89 Cr7.3%
Axis Liquid Fund Direct Growth

Low to Moderate Risk

0.2%0.0%₹36518.03 Cr7.4%
Axis Multi Asset Allocation Fund Direct Growth

Very High Risk

1.3%1.0%₹1197.41 Cr21.7%
Axis Midcap Fund Direct Growth

Very High Risk

0.5%1.0%₹27747.62 Cr46.2%
Axis Treasury Advantage Fund Direct Growth

Low to Moderate Risk

0.3%0.0%₹5468.05 Cr7.5%
Axis Equity Saver Fund Direct Growth

Moderately High risk

1.1%1.0%₹900.23 Cr19.0%
Axis Balanced Advantage Fund Direct Growth

Moderately High risk

0.9%1.0%₹2183.67 Cr28.4%
Axis Nifty Midcap 50 Index Fund Direct Growth

Low Risk

0.2%0.0%₹313.07 Cr56.3%
Axis Nifty IT Index Fund Direct Growth

Very High Risk

0.3%0.0%₹105.45 Cr-
Axis CRISIL IBX 50:50 Gilt Plus SDL September 2027 Index Fund Direct Growth

Low to Moderate Risk

0.1%0.0%₹34.01 Cr7.0%
Axis Credit Risk Fund Direct Growth

Moderately High risk

0.8%1.0%₹452.65 Cr7.9%
Axis Ultra Short Term Fund Direct Growth

Moderate Risk

0.3%0.0%₹5152.32 Cr7.7%
Axis Multicap Fund Direct Growth

Very High Risk

0.7%1.0%₹5473.59 Cr52.7%
Axis CRISIL IBX 50:50 Gilt Plus SDL June 2028 Index Fund Direct Growth

Moderate Risk

0.2%0.0%₹68.60 Cr6.9%
Axis Nifty AAA Bond Plus SDL Apirl 2026 50:50 ETF Fund Of Funds Direct Growth

Low to Moderate Risk

0.1%0.0%₹292.84 Cr6.5%
Axis Silver Fund of Funds Direct Growth

Very High Risk

0.1%0.0%₹37.60 Cr19.2%
Axis Nifty Next 50 Index Fund Direct Growth

Very High Risk

0.2%0.0%₹197.81 Cr63.3%
Axis CRISIL IBX 70:30 CPSE Plus SDL April 2025 Index Fund Direct Growth

Low to Moderate Risk

0.2%0.0%₹543.68 Cr7.1%
Axis Long Duration Fund Direct Growth

Moderate Risk

0.3%0.0%₹249.29 Cr8.8%
Axis Nifty 50 Index Fund Direct Growth

Very High Risk

0.1%0.0%₹449.68 Cr26.4%

Risk Level

Your principal amount will be at Low to Moderate Risk

Low to Moderate Risk
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The NAV of Axis Money Market Fund Regular Growth, as of 11-Jun-2024, is ₹1321.34.
The fund has generated 7.50% over the last 1 year and 5.90% over the last 3 years. However, this does not guarantee that the fund will perform similarly in the future.
The fund's allocation of assets is distributed as 0.00% in equities, 27.51% in bonds, and 72.28% in cash and cash equivalents.
The fund managers responsible for Axis Money Market Fund Regular Growth are:-
  1. Devang Shah
  2. Aditya Pagaria
  3. Sachin Jain