Axis Money Market Fund Overview
Category Money Market Fund
BMSMONEY Rank 10
BMSMONEY Rating
Growth Option As On: 22-04-2024
NAV ₹1309.12 (R) +0.05% ₹1318.47 (D) +0.05%
Returns Gro. Opt. 1Y 3Y 5Y 7Y 10Y
LumpSum Reg. P 7.48% 5.75% -% -% -%
LumpSum Dir. P 7.64% 5.91% -% -% -%
SIP Reg. P -7.96% 1.09% -% -% -%
SIP Dir. P -7.83% 1.25% -% -% -%
Ratio Sharpe Ratio Sortino Ratio Sterling Ratio Jensen's Alpha Treynor Ratio
- - - -% -
Risk STD. Dev VaR 1Y95% Max DD Beta Semi Devi.
-% -% -% - -%

NAV Date: 22-04-2024

Scheme Name NAV Rupee Change Percent Change
Axis Money Market Fund - Direct Plan - Daily IDCW 1005.61
0.0000
0.0000%
Axis Money Market Fund - Regular Plan - Daily IDCW 1005.61
0.0000
0.0000%
Axis Money Market Fund - Regular Plan - Monthly IDCW 1012.41
0.5100
0.0500%
Axis Money Market Fund - Direct Plan - Monthly IDCW 1014.43
0.5100
0.0500%
Axis Money Market Fund - Regular Plan - Quarterly IDCW 1095.19
0.5600
0.0500%
Axis Money Market Fund - Direct Plan - Quarterly IDCW 1104.46
0.5600
0.0500%
Axis Money Market Fund - Regular Plan - Annual IDCW 1179.85
0.6000
0.0500%
Axis Money Market Fund - Direct Plan - Annual IDCW 1188.9
0.6000
0.0500%
Axis Money Market Fund - Regular Plan - Growth Option 1309.12
0.6600
0.0500%
Axis Money Market Fund - Direct Plan - Growth Option 1318.47
0.6700
0.0500%

Review Date: March 28, 2024

Performance of the Axis Money Market Fund has been analyzed on six performance parameters. Out of six return parameters, the fund has four return parameters in first quartile; whereas zero risk parameters (out of zero) in first quartile. Similarly zero risk-adjusted performance parameters are in first quartile. Based on this performance Axis Money Market Fund has achieved tenth (out of 16 funds), which is poor rank in the Money Market Fund category. Essentially, among its peer group of similar types of funds, it stands in the very good position, a testament to its successful track record. The Money Market Fund category has 16 funds.
Our ranking strategy involves a composite performance score that reflects the fund's returns, its associated risk, and its risk-adjusted performance for the last three years. We then use this composite performance score to rank the funds within each category.

The Axis Money Market Fund has good return performance, as more than 75% 1 year and above return parameters are above average in Money Market Fund category. The details are provided below.'
    '
  1. 1 Month Return%: One month return shows funds performance in very short period of time, the Axis Money Market Fund has given return of 0.77% in last one month which is very good as it is in the top quartile in Money Market Fund.
  2. 3 Month Return%: Three month return shows funds performance in short period of time, the Axis Money Market Fund has given return of 2.0% in last three month which is very good as it is in the top quartile in Money Market Fund.
  3. 1 Year Return%: The Axis Money Market Fund has given return of 7.66% in last one year which is very good as it is in the top quartile in Money Market Fund. The one year return rank of Axis Money Market Fund is 5 in 19 funds. The investment of ₹ 10,000 in this fund would have become ₹ 10766.0 in one year.
  4. 3 Year Return%: The Axis Money Market Fund has given return of 5.65% in last three year which is good as it is above average with return rank of 6 in 16 funds. in Money Market Fund.
  5. 1 Year SIP Return%: The Axis Money Market Fund has given return of -8.29% in last one year which is very good as it is in the top quartile with return rank of 4 in 19 funds. in Money Market Fund.
  6. 3 Year SIP Return%: The Axis Money Market Fund has given return of 4.79% in last three year which is good as it is above average with return rank of 6 in 16 funds. in Money Market Fund.
    7. '
'

The Axis Money Market Fund has poor risk performance, as non of above risk paramerters are above average Money Market Fund category. The details are provided below. '
    ' '
'

The Axis Money Market Fund has poor risk adjusted performance, as non of above risk adjusted paramerters are above average in Money Market Fund category. The details are provided below. '
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KPIs* Fund Benchmark Cat. Avg Min | Max Rank (In Cat.) Better Than Cat. Avg In 1st Quartile In 4th Quartile
1M Return % 0.68
0.65
0.51 | 0.70 6 | 19
Yes
No
No
3M Return % 2.05
1.93
1.61 | 2.06 4 | 19
Yes
Yes
No
6M Return % 3.86
3.66
3.22 | 3.88 4 | 19
Yes
Yes
No
1Y Return % 7.48
7.10
6.33 | 7.55 5 | 19
Yes
Yes
No
3Y Return % 5.75
5.43
4.52 | 5.83 6 | 16
Yes
No
No
1Y SIP Return % -7.96
-8.32
-9.09 | -7.90 5 | 19
Yes
Yes
No
3Y SIP Return % 1.09
0.78
-0.10 | 1.17 6 | 16
Yes
No
No
Return data last Updated On : April 22, 2024.
Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : March 28, 2024
KPIs: Key Performance Indicators

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KPIs* Fund Benchmark Cat. Avg Min | Max Rank (In Cat.) Better Than Cat. Avg In 1st Quartile In 4th Quartile
1M Return % 0.69 0.68 0.54 | 0.72 9 | 19
Yes
No
No
3M Return % 2.07 2.00 1.72 | 2.12 5 | 19
Yes
Yes
No
6M Return % 3.92 3.82 3.44 | 4.02 4 | 19
Yes
Yes
No
1Y Return % 7.64 7.46 6.88 | 7.79 4 | 19
Yes
Yes
No
3Y Return % 5.91 5.77 5.40 | 6.05 4 | 16
Yes
Yes
No
1Y SIP Return % -7.83 -8.00 -8.62 | -7.66 4 | 19
Yes
Yes
No
3Y SIP Return % 1.25 1.12 0.76 | 1.40 4 | 16
Yes
Yes
No
Return data last Updated On : April 22, 2024.
Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : March 28, 2024
KPIs: Key Performance Indicators

Investment Period Regular Direct
Return % Current Value of ₹ 10000 Return % Current Value of ₹ 10000
1D 0.05 ₹ 10005.0 0.05 ₹ 10005.0
1W 0.09 ₹ 10009.0 0.09 ₹ 10009.0
1M 0.68 ₹ 10068.0 0.69 ₹ 10069.0
3M 2.05 ₹ 10205.0 2.07 ₹ 10207.0
6M 3.86 ₹ 10386.0 3.92 ₹ 10392.0
1Y 7.48 ₹ 10748.0 7.64 ₹ 10764.0
3Y 5.75 ₹ 11825.0 5.91 ₹ 11880.0
5Y - ₹ - - ₹ -
7Y - ₹ - - ₹ -
10Y - ₹ - - ₹ -
15Y - ₹ - - ₹ -

Disclaimer: Past performance may or may not be sustained in future and should not be used as a basis for comparison with other investments. Returns for periods above 1 year are annualised.

Investment Period Invested Amount Regular Direct
XIRR % Current Value of Invested Amount XIRR % Current Value of Invested Amount
1Y ₹ 12000 -7.9606 ₹ 11475.9 -7.8268 ₹ 11484.816
3Y ₹ 36000 1.0925 ₹ 36609.876 1.2542 ₹ 36700.74
5Y ₹ 60000 - ₹ - - ₹ -
7Y ₹ 84000 - ₹ - - ₹ -
10Y ₹ 120000 - ₹ - - ₹ -
15Y ₹ 180000 - ₹ - - ₹ -


Date NAV Regular Growth NAV Direct Growth
22-04-2024 1309.123 1318.4728
19-04-2024 1308.4589 1317.8059
18-04-2024 1308.3212 1317.6607
16-04-2024 1307.9716 1317.2956
15-04-2024 1307.7013 1317.0169
12-04-2024 1307.0304 1316.3218
08-04-2024 1305.5726 1314.8276
05-04-2024 1304.8924 1314.1231
04-04-2024 1304.4499 1313.671
03-04-2024 1303.9548 1313.166
02-04-2024 1303.7864 1312.9899
28-03-2024 1302.0753 1311.2344
27-03-2024 1300.3811 1309.5218
26-03-2024 1300.2767 1309.4102
22-03-2024 1299.3289 1308.5369
21-03-2024 1299.2083 1308.4091
20-03-2024 1298.7826 1307.9738
19-03-2024 1298.5354 1307.7185
18-03-2024 1298.2833 1307.4581
15-03-2024 1297.2293 1306.4911
14-03-2024 1297.0765 1306.3309
13-03-2024 1296.9889 1306.2362
12-03-2024 1296.6192 1305.8574
11-03-2024 1296.2842 1305.5136
07-03-2024 1295.0563 1304.3644
06-03-2024 1294.7443 1304.0437
05-03-2024 1294.3576 1303.6478
04-03-2024 1294.0498 1303.3315
01-03-2024 1293.1526 1302.4086
29-02-2024 1292.802 1302.0491
28-02-2024 1292.5234 1301.7621
27-02-2024 1292.0899 1301.3191
26-02-2024 1291.8657 1301.0869
23-02-2024 1291.086 1300.2824
22-02-2024 1290.8665 1300.0549
21-02-2024 1290.3359 1299.5142
20-02-2024 1290.0137 1299.1833
16-02-2024 1288.9006 1298.0368
15-02-2024 1288.5831 1297.7106
14-02-2024 1288.2581 1297.3769
13-02-2024 1287.9353 1297.0454
12-02-2024 1287.7518 1296.8543
09-02-2024 1287.0053 1296.0833
08-02-2024 1286.8533 1295.9238
07-02-2024 1286.5546 1295.6167
06-02-2024 1286.2308 1295.2842
05-02-2024 1285.9935 1295.0389
02-02-2024 1285.2485 1294.2695
01-02-2024 1284.982 1293.9948
31-01-2024 1284.6817 1293.686
30-01-2024 1284.4562 1293.4526
29-01-2024 1284.2155 1293.2039
25-01-2024 1283.2027 1292.1585
24-01-2024 1283.0064 1291.9544
23-01-2024 1282.8193 1291.7597
19-01-2024 1281.9582 1290.8672
18-01-2024 1281.7067 1290.6076
17-01-2024 1281.5004 1290.3936
16-01-2024 1281.2526 1290.1376
15-01-2024 1281.0618 1289.9392
12-01-2024 1280.3275 1289.1808
11-01-2024 1280.0515 1288.8965
10-01-2024 1279.8291 1288.6663
09-01-2024 1279.5862 1288.4153
08-01-2024 1279.2868 1288.1075
05-01-2024 1278.5204 1287.3168
04-01-2024 1278.2669 1287.0552
03-01-2024 1278.0141 1286.7944
02-01-2024 1277.7323 1286.5042
01-01-2024 1277.461 1286.2248
29-12-2023 1276.5889 1285.3277
28-12-2023 1276.0178 1284.7464
27-12-2023 1275.6513 1284.371
26-12-2023 1275.4691 1284.1813
22-12-2023 1274.4629 1283.143
21-12-2023 1274.2449 1282.9171
20-12-2023 1273.9783 1282.6425
19-12-2023 1273.706 1282.362
18-12-2023 1273.3988 1282.0464
15-12-2023 1272.7159 1281.34
14-12-2023 1272.5105 1281.1268
13-12-2023 1272.2704 1280.8789
12-12-2023 1272.0466 1280.6471
11-12-2023 1271.9653 1280.559
08-12-2023 1271.2648 1279.8349
07-12-2023 1271.0541 1279.6165
06-12-2023 1270.7911 1279.3454
05-12-2023 1270.517 1279.0632
04-12-2023 1270.2536 1278.7917
01-12-2023 1269.5583 1278.0729
30-11-2023 1269.3865 1277.8937
29-11-2023 1269.1584 1277.6578
28-11-2023 1268.9388 1277.4303
24-11-2023 1267.979 1276.4391
23-11-2023 1267.7164 1276.1684
22-11-2023 1267.5077 1275.952
21-11-2023 1267.2899 1275.7265
20-11-2023 1267.1024 1275.5315
17-11-2023 1266.3811 1274.7865
16-11-2023 1266.1307 1274.5282
15-11-2023 1265.917 1274.3069
13-11-2023 1265.439 1273.8131
10-11-2023 1264.6832 1273.0335
09-11-2023 1264.492 1272.8347
08-11-2023 1264.2982 1272.6335
07-11-2023 1264.0616 1272.3891
06-11-2023 1263.8224 1272.142
03-11-2023 1263.0501 1271.3458
02-11-2023 1262.7663 1271.0539
01-11-2023 1262.5208 1270.8005
31-10-2023 1262.2394 1270.511
30-10-2023 1261.998 1270.2618
27-10-2023 1261.424 1269.6653
26-10-2023 1261.1479 1269.3811
25-10-2023 1260.92 1269.1455
23-10-2023 1260.4765 1268.6866
20-10-2023 1259.8282 1268.0154
19-10-2023 1259.6424 1267.8221
18-10-2023 1259.4651 1267.6375
17-10-2023 1259.1906 1267.3549
16-10-2023 1258.9686 1267.1253
13-10-2023 1258.3472 1266.4811
12-10-2023 1258.1356 1266.262
11-10-2023 1257.9125 1266.0312
10-10-2023 1257.6288 1265.7395
09-10-2023 1257.4472 1265.5504
06-10-2023 1256.7512 1264.8313
05-10-2023 1256.7047 1264.7783
04-10-2023 1256.4438 1264.5095
03-10-2023 1256.1139 1264.1712
29-09-2023 1255.1096 1263.1356
27-09-2023 1254.5616 1262.5717
26-09-2023 1254.2151 1262.2167
25-09-2023 1254.066 1262.0606
22-09-2023 1253.3727 1261.3442
21-09-2023 1253.1434 1261.1072
20-09-2023 1252.9922 1260.9488
18-09-2023 1252.5195 1260.4607
15-09-2023 1251.8695 1259.788
14-09-2023 1251.6423 1259.5532
13-09-2023 1251.3989 1259.3021
12-09-2023 1251.1841 1259.0797
11-09-2023 1250.9827 1258.8709
08-09-2023 1250.3187 1258.1841
07-09-2023 1250.0929 1257.9507
06-09-2023 1249.8489 1257.699
05-09-2023 1249.6279 1257.4704
04-09-2023 1249.391 1257.2258
01-09-2023 1248.7291 1256.5412
31-08-2023 1248.4506 1256.2548
30-08-2023 1248.2197 1256.0162
29-08-2023 1247.9363 1255.7249
28-08-2023 1247.6687 1255.4495
25-08-2023 1246.9587 1254.7165
24-08-2023 1246.7361 1254.4864
23-08-2023 1246.469 1254.2114
22-08-2023 1246.2308 1253.9656
21-08-2023 1245.9627 1253.6896
18-08-2023 1245.2039 1252.9077
17-08-2023 1244.905 1252.6008
14-08-2023 1244.452 1252.1264
11-08-2023 1243.8117 1251.4637
10-08-2023 1243.7854 1251.4311
09-08-2023 1243.6392 1251.2779
08-08-2023 1243.4122 1251.0433
07-08-2023 1243.1875 1250.8111
04-08-2023 1242.4661 1250.0668
03-08-2023 1242.3094 1249.903
02-08-2023 1242.138 1249.7243
01-08-2023 1241.9521 1249.5313
31-07-2023 1241.6756 1249.2468
28-07-2023 1241.0033 1248.5521
27-07-2023 1240.8216 1248.3631
26-07-2023 1240.619 1248.1531
25-07-2023 1240.3716 1247.8981
24-07-2023 1240.152 1247.671
21-07-2023 1239.4768 1246.9733
20-07-2023 1239.2345 1246.7234
19-07-2023 1238.998 1246.4794
18-07-2023 1238.8088 1246.2829
17-07-2023 1238.5393 1246.0056
14-07-2023 1237.8849 1245.3289
13-07-2023 1237.5691 1245.005
12-07-2023 1237.2004 1244.628
11-07-2023 1236.9154 1244.3352
10-07-2023 1236.6458 1244.0579
07-07-2023 1236.018 1243.4079
06-07-2023 1235.7682 1243.1505
05-07-2023 1235.6032 1242.9785
04-07-2023 1235.3465 1242.714
03-07-2023 1234.9648 1242.324
30-06-2023 1234.1449 1241.4808
28-06-2023 1233.6103 1240.9301
27-06-2023 1233.3063 1240.6174
26-06-2023 1233.2114 1240.515
23-06-2023 1232.6154 1239.8948
22-06-2023 1232.5043 1239.7761
21-06-2023 1232.2091 1239.4722
20-06-2023 1232.0044 1239.2595
19-06-2023 1231.8279 1239.075
16-06-2023 1231.0768 1238.2988
15-06-2023 1230.7345 1237.9476
14-06-2023 1230.5646 1237.7699
13-06-2023 1230.1721 1237.3682
12-06-2023 1229.8279 1237.015
09-06-2023 1229.198 1236.3609
08-06-2023 1229.1748 1236.3306
07-06-2023 1229.0583 1236.2066
06-06-2023 1228.7631 1235.9028
05-06-2023 1228.4746 1235.6058
02-06-2023 1227.7514 1234.8577
01-06-2023 1227.4544 1234.5521
31-05-2023 1227.0783 1234.167
30-05-2023 1226.8822 1233.9629
29-05-2023 1226.6371 1233.7095
26-05-2023 1226.1242 1233.173
25-05-2023 1225.917 1232.9578
24-05-2023 1225.7164 1232.7492
23-05-2023 1225.5735 1232.5987
22-05-2023 1225.576 1232.5943
19-05-2023 1224.2665 1231.2567
18-05-2023 1223.9308 1230.9122
17-05-2023 1223.5985 1230.5712
16-05-2023 1223.2642 1230.2281
15-05-2023 1222.7981 1229.7542
12-05-2023 1221.9751 1228.9111
11-05-2023 1221.7596 1228.6891
10-05-2023 1221.5571 1228.4803
09-05-2023 1221.2961 1228.2127
08-05-2023 1221.0948 1228.0051
04-05-2023 1220.1283 1227.0125
03-05-2023 1219.8999 1226.7777
02-05-2023 1219.575 1226.4458
28-04-2023 1218.8478 1225.6939
27-04-2023 1218.6732 1225.5132
26-04-2023 1218.4896 1225.3234
25-04-2023 1218.2339 1225.0611
24-04-2023 1218.0601 1224.8812

Fund Launch Date: 26/Jul/2019
Fund Category: Money Market Fund
Investment Objective: To generate regular income through investment in a portfolio comprising of money market instruments.However, there can be no assurance that the investment objective of the Scheme will be achieved.
Fund Description: An open ended debt scheme investing in money market instruments
Fund Benchmark: NIFTY Money Market Index
Source: Fund FactSheet

Disclaimer: NO INVESTMENT ADVICE. The Content is for informational purposes only.