Axis Money Market Fund Regular Growth

Fund Overview

Fund Size

₹12,241 Cr

Expense Ratio

0.31%

ISIN

INF846K01R46

Minimum SIP

₹1,000

Exit Load

No Charges

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, 11 months and 20 days, having been launched on 06-Aug-19.
As of 25-Jul-24, it has a Net Asset Value (NAV) of ₹1333.75, Assets Under Management (AUM) of 12240.98 Crores, and an expense ratio of 0.31%.

Axis Money Market Fund Regular Growth has given a CAGR return of 5.97% since inception.
The fund's asset allocation comprises around 0.00% in equities, 23.39% in debts, and 76.39% 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

+7.53%

+6.38% (Cat Avg.)

3 Years

+6.07%

+5.44% (Cat Avg.)

Since Inception

+5.97%

— (Cat Avg.)

Portfolio Summaryas of 30th June 2024

Debt	₹2,862.78 Cr	23.39%
Others	₹9,378.2 Cr	76.61%

Top Holdings

All Holdings

Equity

Debt & Others

Name	Type	Amount	Holdings
Punjab National Bank	Cash - CD/Time Deposit	₹550.16 Cr	5.17%
Canara Bank	Cash - CD/Time Deposit	₹408.3 Cr	3.84%
Bank Of Baroda	Cash - CD/Time Deposit	₹366.19 Cr	3.44%
Clearing Corporation Of India Ltd	Cash - Repurchase Agreement	₹344.3 Cr	3.24%
Union Bank Of India	Cash - CD/Time Deposit	₹328.77 Cr	3.09%
Small Industries Development Bank Of India	Cash - CD/Time Deposit	₹310.86 Cr	2.92%
Bank Of India	Cash - CD/Time Deposit	₹285.89 Cr	2.69%
National Bank For Agriculture And Rural Development	Cash - CD/Time Deposit	₹285.81 Cr	2.69%
HDFC Bank Limited	Cash - CD/Time Deposit	₹261.94 Cr	2.46%
HDFC Bank Limited	Cash - CD/Time Deposit	₹261.62 Cr	2.46%
India (Republic of)	Bond - Short-term Government Bills	₹191.5 Cr	1.80%
Indusind Bank Limited	Cash - CD/Time Deposit	₹190.57 Cr	1.79%
The Federal Bank Limited	Cash - CD/Time Deposit	₹166.24 Cr	1.56%
Aditya Birla Finance Limited	Cash - Commercial Paper	₹157.52 Cr	1.48%
India (Republic of)	Bond - Short-term Government Bills	₹154.18 Cr	1.45%
Small Industries Development Bank Of India	Cash - CD/Time Deposit	₹153.89 Cr	1.45%
07.89 GJ Sdl 2025	Bond - Gov't/Treasury	₹150.9 Cr	1.42%
08.03 GJ Sdl 2025	Bond - Gov't/Treasury	₹147.06 Cr	1.38%
Small Industries Development Bank Of India	Cash - CD/Time Deposit	₹145.14 Cr	1.36%
Small Industries Development Bank Of India	Cash - CD/Time Deposit	₹144.1 Cr	1.36%
Cholamandalam Investment & Finance Co Ltd.	Cash - Commercial Paper	₹143.8 Cr	1.35%
Icici Securities Limited	Cash - Commercial Paper	₹143.32 Cr	1.35%
National Bank For Agriculture And Rural Development	Cash - CD/Time Deposit	₹143.3 Cr	1.35%
ICICI Bank Ltd.	Bond - Corporate Bond	₹143.01 Cr	1.34%
IDFC First Bank Ltd.	Bond - Corporate Bond	₹142.99 Cr	1.34%
National Bank for Agriculture and Rural Development	Cash - CD/Time Deposit	₹142.34 Cr	1.34%
08.25 MH Sdl 2025	Bond - Gov't/Treasury	₹141.23 Cr	1.33%
Kotak Mahindra Bank Limited (Formerly Kotak Mahindra Finance Limited)	Cash - CD/Time Deposit	₹118.91 Cr	1.12%
Infina Finance Private Limited	Cash - Commercial Paper	₹113.04 Cr	1.06%
05.89 AP Sdl 2025	Bond - Gov't/Treasury	₹98.97 Cr	0.93%
360 One Wam Limited	Cash - Commercial Paper	₹98.42 Cr	0.93%
Kotak Securities Limited	Cash - Commercial Paper	₹98.29 Cr	0.92%
Tata Projects Limited	Bond - Corporate Bond	₹96.84 Cr	0.91%
Canara Bank	Cash - CD/Time Deposit	₹96.69 Cr	0.91%
LIC Housing Finance Limited	Cash - Commercial Paper	₹96.63 Cr	0.91%
Small Industries Development Bank Of India	Cash - CD/Time Deposit	₹96.62 Cr	0.91%
India (Republic of)	Bond - Short-term Government Bills	₹96.24 Cr	0.91%
HDFC Bank Limited	Cash - CD/Time Deposit	₹96.2 Cr	0.90%
08.14 MH Sdl 2025	Bond - Gov't/Treasury	₹95.79 Cr	0.90%
Punjab National Bank	Cash - CD/Time Deposit	₹95.66 Cr	0.90%
India (Republic of)	Bond - Short-term Government Bills	₹95.63 Cr	0.90%
National Bank For Agriculture And Rural Development	Cash - CD/Time Deposit	₹95.63 Cr	0.90%
Barclays Investments & Loans (India) Private Limited	Cash - Commercial Paper	₹95.56 Cr	0.90%
Icici Securities Limited	Cash - Commercial Paper	₹95.51 Cr	0.90%
Kotak Mahindra Bank Limited	Cash - CD/Time Deposit	₹95.42 Cr	0.90%
HDFC Bank Ltd.	Bond - Corporate Bond	₹95.4 Cr	0.90%
Indusind Bank Ltd.	Bond - Corporate Bond	₹95.4 Cr	0.90%
Indusind Bank Ltd.	Bond - Corporate Bond	₹95.27 Cr	0.90%
Birla Group Holdings Private Limited	Cash - Commercial Paper	₹95.22 Cr	0.90%
Export-Import Bank of India	Cash - Commercial Paper	₹95.09 Cr	0.89%
Infina Finance Pvt Ltd.	Cash - Commercial Paper	₹95.08 Cr	0.89%
Icici Securities Limited	Cash - Commercial Paper	₹95.07 Cr	0.89%
Canara Bank	Bond - Gov't Agency Debt	₹95.06 Cr	0.89%
Indian Bank	Bond - Gov't Agency Debt	₹95.03 Cr	0.89%
LIC Housing Finance Ltd.	Cash - Commercial Paper	₹94.87 Cr	0.89%
Infina Finance Private Limited	Cash - Commercial Paper	₹94.34 Cr	0.89%
Phoenix Arc Private Limited	Cash - Commercial Paper	₹92.15 Cr	0.87%
Bank Of Baroda	Cash - CD/Time Deposit	₹80.83 Cr	0.76%
Net Receivables / (Payables)	Cash	₹-78.1 Cr	0.73%
360 One Wam Limited	Cash - Commercial Paper	₹74.36 Cr	0.70%
ICICI Bank Limited	Cash - CD/Time Deposit	₹72.67 Cr	0.68%
National Bank For Agriculture And Rural Development	Cash - CD/Time Deposit	₹72.02 Cr	0.68%
HDFC Bank Ltd.	Bond - Corporate Bond	₹71.88 Cr	0.68%
Small Industries Development Bank of India	Bond - Corporate Bond	₹71.46 Cr	0.67%
08.10 Wb SDL 2025	Bond - Gov't/Treasury	₹71.45 Cr	0.67%
Godrej Housing Finance Limited	Cash - Commercial Paper	₹71.41 Cr	0.67%
National Bank For Agriculture And Rural Development	Cash - CD/Time Deposit	₹71.33 Cr	0.67%
HDFC Bank Limited	Cash - CD/Time Deposit	₹71.27 Cr	0.67%
Godrej Finance Ltd.	Cash - Commercial Paper	₹71.24 Cr	0.67%
Birla Group Holdings Private Limited	Cash - Commercial Paper	₹70.86 Cr	0.67%
JM Financial Products Limited	Cash - Commercial Paper	₹49.95 Cr	0.47%
The Federal Bank Limited	Cash - CD/Time Deposit	₹48.53 Cr	0.46%
HDFC Bank Limited	Cash - CD/Time Deposit	₹48.44 Cr	0.46%
Canara Bank	Cash - CD/Time Deposit	₹48.03 Cr	0.45%
Canara Bank	Cash - CD/Time Deposit	₹47.98 Cr	0.45%
Tata Capital Housing Finance Ltd.	Cash - Commercial Paper	₹47.86 Cr	0.45%
National Bank for Agriculture and Rural Development	Cash - CD/Time Deposit	₹47.75 Cr	0.45%
Motilal Oswal Financial Services Ltd	Cash - Commercial Paper	₹47.5 Cr	0.45%
Motilal Oswal Financial Services Ltd	Cash - Commercial Paper	₹47.49 Cr	0.45%
Bharti Telecom Limited	Cash - Commercial Paper	₹47.4 Cr	0.45%
08.27 HR Sdl 2025	Bond - Gov't/Treasury	₹45.4 Cr	0.43%
08.10 Tn SDL 2025	Bond - Gov't/Treasury	₹35.22 Cr	0.33%
JM Financial Services Limited	Cash - Commercial Paper	₹33.36 Cr	0.31%
08.07 GJ Sdl 2025	Bond - Gov't/Treasury	₹26.14 Cr	0.25%
08.29 RJ Sdl 2025	Bond - Gov't/Treasury	₹25.22 Cr	0.24%
Bank Of Baroda	Cash - CD/Time Deposit	₹24.45 Cr	0.23%
Punjab National Bank	Cash - CD/Time Deposit	₹24.23 Cr	0.23%
HDFC Bank Limited	Cash - CD/Time Deposit	₹23.93 Cr	0.23%
Union Bank of India	Bond - Gov't Agency Debt	₹23.81 Cr	0.22%
Union Bank of India	Bond - Gov't Agency Debt	₹23.69 Cr	0.22%
Pilani Investment And Industries Corporation Ltd.	Cash - Commercial Paper	₹23.58 Cr	0.22%
07.95 OIL SPL 2025	Bond - Gov't Agency Debt	₹20.08 Cr	0.19%
SBI - Corporate Debt Market Development Fund (CDMDF) - Class A2	Mutual Fund - Open End	₹17.02 Cr	0.16%
08.09 MP Sdl 2025	Bond - Gov't/Treasury	₹15.09 Cr	0.14%
08.09 KL Sdl 2025	Bond - Gov't/Treasury	₹15.09 Cr	0.14%
08.07 Tn SDL 2025feb	Bond - Gov't/Treasury	₹15.08 Cr	0.14%
08.06 RJ Sdl 2025	Bond - Gov't/Treasury	₹14.88 Cr	0.14%
08.07 Tn SDL 2025	Bond - Gov't/Treasury	₹10.05 Cr	0.09%
Indusind Bank Ltd.	Bond - Corporate Bond	₹9.59 Cr	0.09%
Union Bank of India	Bond - Gov't Agency Debt	₹9.49 Cr	0.09%
08.05 MH Sdl 2025	Bond - Gov't/Treasury	₹5.03 Cr	0.05%

Allocation By Credit Quality (Debt)

AAA

Other Allocation

Equity Sector

Debt & Others

Instruments	Amount	Holdings
Cash - CD/Time Deposit	₹5,521.71 Cr	51.93%
Cash - Commercial Paper	₹2,288.91 Cr	21.53%
Bond - Gov't/Treasury	₹912.62 Cr	8.58%
Bond - Corporate Bond	₹821.82 Cr	7.73%
Bond - Short-term Government Bills	₹537.56 Cr	5.06%
Cash - Repurchase Agreement	₹344.3 Cr	3.24%
Bond - Gov't Agency Debt	₹267.15 Cr	2.51%
Cash	₹-78.1 Cr	0.73%
Mutual Fund - Open End	₹17.02 Cr	0.16%

Risk & Performance Ratios

Fund Managers

Devang Shah

Since August 2019

Aditya Pagaria

Since August 2019

Sachin Jain

Since November 2021

Additional Scheme Detailsas of 30th June 2024

ISIN

INF846K01R46

Expense Ratio

0.31%

Exit Load

No Charges

Fund Size

₹12,241 Cr

Age

06 Aug 2019

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

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 name	Expense Ratio	Exit Load	Fund size	1Y
Edelweiss Money Market Fund Regular Growth Low to Moderate Risk	0.9%	0.0%	₹566.99 Cr	6.7%
Union Money Market Fund Direct Growth Low to Moderate Risk	0.3%	0.0%	₹181.97 Cr	7.2%
Union Money Market Fund Regular Growth Low to Moderate Risk	1.0%	0.0%	₹181.97 Cr	6.4%
TRUSTMF Money Market Fund Direct Growth Low to Moderate Risk	0.2%	0.0%	₹92.66 Cr	7.3%
TRUSTMF Money Market Fund Regular Growth Low to Moderate Risk	0.3%	0.0%	₹92.66 Cr	7.1%
LIC MF Money Market Fund Direct Growth Low Risk	0.6%	0.0%	₹25.21 Cr	6.8%
LIC MF Money Market Fund Regular Growth Low Risk	1.0%	0.0%	₹25.21 Cr	6.4%
Tata Money Market Fund Regular Growth Low to Moderate Risk	0.4%	0.0%	₹24331.85 Cr	7.6%
Franklin India Money Market Fund Regular Growth Low to Moderate Risk	0.3%	0.0%	₹1467.42 Cr	7.4%
HDFC Money Market Fund Regular Growth Moderate Risk	0.4%	0.0%	₹27005.25 Cr	7.5%

About the AMC

Axis Mutual Fund

+91 22 43255161

https://www.axismf.com/

Total AUM

₹2,86,505 Cr

Address

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

Other Funds by Axis Mutual Fund

Fund name	Expense Ratio	Exit Load	Fund 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%	₹98.28 Cr	-
Axis India Manufacturing Fund Direct Growth Very High Risk	0.3%	1.0%	₹5909.15 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%	-	7.2%
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%	-	7.6%
Axis Nifty SDL September 2026 Debt Index Fund Direct Growth Low to Moderate Risk	0.1%	0.0%	₹78.97 Cr	7.6%
Axis Banking & PSU Debt Fund Direct Growth Moderate Risk	0.3%	0.0%	₹13698.76 Cr	7.1%
Axis Global Equity Alpha Fund of Fund Direct Growth Very High Risk	0.8%	1.0%	₹895.88 Cr	20.9%
Axis Nifty Smallcap 50 Index Fund Direct Growth Very High Risk	0.3%	0.0%	₹357.40 Cr	67.1%
Axis Flexi Cap Fund Direct Growth Very High Risk	0.7%	1.0%	₹12721.36 Cr	31.7%
Axis Money Market Fund Direct Growth Low to Moderate Risk	0.1%	0.0%	₹12240.98 Cr	7.7%
Axis Equity Hybrid Fund Direct Growth Very High Risk	1.0%	1.0%	₹1643.44 Cr	23.3%
Axis Special Situations Fund Direct Growth Very High Risk	1.3%	1.0%	₹1270.83 Cr	34.5%
Axis Corporate Debt Fund Direct Growth Moderate Risk	0.3%	0.0%	₹5427.34 Cr	7.8%
Axis ESG Equity Fund Direct Growth Very High Risk	1.3%	1.0%	₹1390.64 Cr	30.8%
Axis Arbitrage Fund Direct Growth Low Risk	0.3%	0.0%	₹5237.74 Cr	8.4%
Axis Greater China Equity Fund of Fund Direct Growth Very High Risk	0.6%	1.0%	₹187.60 Cr	-2.8%
Axis Value Fund Direct Growth Very High Risk	1.0%	1.0%	₹619.87 Cr	48.4%
Axis All Seasons Debt Fund of Funds Direct Growth Moderately High risk	0.2%	1.0%	₹175.40 Cr	8.2%
Axis Gilt Fund Direct Growth Moderate Risk	0.4%	0.0%	₹422.07 Cr	9.4%
Axis Bluechip Fund Direct Growth Very High Risk	0.7%	1.0%	₹34520.15 Cr	27.1%
Axis Dynamic Bond Fund Direct Growth Moderate Risk	0.3%	0.0%	₹1677.60 Cr	7.4%
Axis Gold Fund Direct Growth High Risk	0.2%	1.0%	₹501.03 Cr	22.1%
Axis Focused 25 Fund Direct Growth Very High Risk	0.8%	1.0%	₹13880.51 Cr	24.2%
Axis Regular Saver Fund Direct Growth Very High Risk	0.8%	1.0%	₹305.95 Cr	11.1%
Axis Strategic Bond Fund Direct Growth Moderately High risk	0.4%	1.0%	₹1937.72 Cr	8.4%
Axis Long Term Equity Fund Direct Growth Very High Risk	0.8%	0.0%	₹37106.30 Cr	30.3%
Axis Short Term Fund Direct Growth Moderate Risk	0.3%	0.0%	₹8269.80 Cr	7.7%
Axis Liquid Fund Direct Growth Moderate Risk	0.2%	0.0%	₹29924.59 Cr	7.4%
Axis Multi Asset Allocation Fund Direct Growth Very High Risk	1.1%	1.0%	₹1245.86 Cr	22.8%
Axis Midcap Fund Direct Growth Very High Risk	0.5%	1.0%	₹30143.58 Cr	44.9%
Axis Treasury Advantage Fund Direct Growth Low to Moderate Risk	0.3%	0.0%	₹5003.40 Cr	7.6%
Axis Equity Saver Fund Direct Growth Moderately High risk	1.0%	1.0%	₹938.20 Cr	18.6%
Axis Balanced Advantage Fund Direct Growth Moderately High risk	0.9%	1.0%	₹2322.48 Cr	28.6%
Axis Nifty Midcap 50 Index Fund Direct Growth Low Risk	0.2%	0.0%	₹351.55 Cr	51.4%
Axis Nifty IT Index Fund Direct Growth Very High Risk	0.3%	0.0%	₹113.87 Cr	36.7%
Axis CRISIL IBX 50:50 Gilt Plus SDL September 2027 Index Fund Direct Growth Low to Moderate Risk	0.1%	0.0%	₹33.76 Cr	7.6%
Axis Credit Risk Fund Direct Growth Moderately High risk	0.8%	1.0%	₹445.63 Cr	8.1%
Axis Ultra Short Term Fund Direct Growth Moderate Risk	0.3%	0.0%	₹4947.39 Cr	7.7%
Axis Multicap Fund Direct Growth Very High Risk	0.6%	1.0%	₹5973.27 Cr	50.6%
Axis CRISIL IBX 50:50 Gilt Plus SDL June 2028 Index Fund Direct Growth Moderate Risk	0.2%	0.0%	₹69.66 Cr	7.6%
Axis Nifty AAA Bond Plus SDL Apirl 2026 50:50 ETF Fund Of Funds Direct Growth Low to Moderate Risk	0.1%	0.0%	₹291.10 Cr	7.4%
Axis Silver Fund of Funds Direct Growth Very High Risk	0.1%	0.0%	₹42.70 Cr	10.0%
Axis Nifty Next 50 Index Fund Direct Growth Very High Risk	0.2%	0.0%	₹244.31 Cr	62.5%
Axis CRISIL IBX 70:30 CPSE Plus SDL April 2025 Index Fund Direct Growth Low to Moderate Risk	0.1%	0.0%	₹571.26 Cr	7.2%
Axis Long Duration Fund Direct Growth Moderate Risk	0.3%	0.0%	₹304.68 Cr	10.3%
Axis Nifty 50 Index Fund Direct Growth Very High Risk	0.1%	0.0%	₹482.49 Cr	25.1%

Risk Level

Your principal amount will be at Low to Moderate Risk

Still got questions?
We're here to help.

What is the current NAV of Axis Money Market Fund Regular Growth?

The NAV of Axis Money Market Fund Regular Growth, as of 25-Jul-2024, is ₹1333.75.

What are the returns of Axis Money Market Fund Regular Growth?

The fund has generated 7.53% over the last 1 year and 6.07% 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 Regular Growth?

The fund's allocation of assets is distributed as 0.00% in equities, 23.39% in bonds, and 76.39% in cash and cash equivalents.

Who manages the Axis Money Market Fund Regular Growth?

The fund managers responsible for Axis Money Market Fund Regular Growth are:-

Devang Shah
Aditya Pagaria
Sachin Jain

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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