Axis Money Market Fund Overview | ||||||
---|---|---|---|---|---|---|
Category | Money Market Fund | |||||
BMSMONEY Rank | 4 | |||||
BMSMONEY Rating | ||||||
Gro. Opt. | As On: | 20-12-2024 | ||||
NAV | ₹1372.7(R) | +0.02% | ₹1384.07(D) | +0.02% | ||
Returns | 1Y | 3Y | 5Y | 7Y | 10Y | |
LumpSum (R) | 7.75% | 6.58% | 5.94% | -% | -% | |
LumpSum (D) | 7.91% | 6.75% | 6.11% | -% | -% | |
SIP (R) | -37.8% | 1.89% | 4.6% | -% | -% | |
SIP (D) | -37.69% | 2.06% | 4.77% | -% | -% | |
Ratio | Sharpe Ratio | Sortino Ratio | Sterling Ratio | Jensen's Alpha | Treynor Ratio | |
-0.59 | -0.19 | 0.65 | -% | - | ||
Risk | STD. Dev | VaR 1Y95% | Max DD | Beta | Semi Devi. | |
0.51% | 0.0% | 0.0% | - | 0.4% |
Top Money Market Fund | |||||
---|---|---|---|---|---|
Fund Name | Rank | Rating | |||
Aditya Birla Sun Life Money Manager Fund | 1 | ||||
Nippon India Money Market Fund | 2 | ||||
Uti Money Market Fund | 3 | ||||
Axis Money Market Fund | 4 |
NAV Date: 20-12-2024
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 | 1010.1 |
0.2000
|
0.0200%
|
Axis Money Market Fund - Direct Plan - Monthly IDCW | 1012.11 |
0.2100
|
0.0200%
|
Axis Money Market Fund - Regular Plan - Quarterly IDCW | 1127.85 |
0.2300
|
0.0200%
|
Axis Money Market Fund - Direct Plan - Quarterly IDCW | 1139.07 |
0.2400
|
0.0200%
|
Axis Money Market Fund - Regular Plan - Annual IDCW | 1237.15 |
0.2500
|
0.0200%
|
Axis Money Market Fund - Direct Plan - Annual IDCW | 1248.05 |
0.2600
|
0.0200%
|
Axis Money Market Fund - Regular Plan - Growth Option | 1372.7 |
0.2800
|
0.0200%
|
Axis Money Market Fund - Direct Plan - Growth Option | 1384.07 |
0.2900
|
0.0200%
|
Review Date: 20-12-2024
Axis Money Market Fund has shown good performance in the Money Market Fund category. The fund has rank of 4 out of 18 funds in the category. The fund has delivered return of 7.75% in 1 year, 6.58% in 3 years and 5.94% in 5 years. The category average for the same periods is 7.33%, 6.22% and 5.61% respectively, which shows good return performance of fund in the category. The fund has exhibited standard deviation of 0.51. The category average for the same parameter is 0.52 The fund has high risk in the category.Key Points:
KPIs* | Fund | Benchmark | Cat. Avg | Min | Max | Rank (In Cat.) | Performance |
---|---|---|---|---|---|---|
1M Return % | 0.53 |
0.51
|
0.44 | 0.54 | 3 | 22 | Very Good | |
3M Return % | 1.81 |
1.73
|
1.38 | 1.82 | 3 | 22 | Very Good | |
6M Return % | 3.69 |
3.52
|
2.80 | 3.69 | 2 | 22 | Very Good | |
1Y Return % | 7.75 |
7.33
|
6.07 | 7.75 | 1 | 22 | Very Good | |
3Y Return % | 6.58 |
6.22
|
5.31 | 6.65 | 6 | 18 | Good | |
5Y Return % | 5.94 |
5.61
|
4.76 | 6.08 | 6 | 15 | Good | |
1Y SIP Return % | -37.80 |
-38.03
|
-38.89 | -37.79 | 2 | 22 | Very Good | |
3Y SIP Return % | 1.89 |
1.55
|
0.71 | 1.94 | 4 | 18 | Very Good | |
5Y SIP Return % | 4.60 |
4.29
|
3.38 | 4.68 | 5 | 15 | Good | |
Standard Deviation | 0.51 |
0.52
|
0.43 | 0.68 | 10 | 18 | Good | |
Semi Deviation | 0.40 |
0.42
|
0.34 | 0.58 | 10 | 18 | Good | |
Max Drawdown % | 0.00 |
-0.05
|
-0.40 | 0.00 | 12 | 18 | Average | |
Average Drawdown % | 0.00 |
-0.05
|
-0.40 | 0.00 | 12 | 18 | Average | |
Sharpe Ratio | -0.59 |
-1.21
|
-2.83 | -0.47 | 5 | 18 | Very Good | |
Sterling Ratio | 0.65 |
0.61
|
0.50 | 0.66 | 6 | 18 | Good | |
Sortino Ratio | -0.19 |
-0.34
|
-0.65 | -0.15 | 5 | 18 | Very Good |
KPIs* | Fund | Benchmark | Cat. Avg | Min | Max | Rank (In Cat.) | Performance |
---|---|---|---|---|---|---|
1M Return % | 0.54 | 0.53 | 0.51 | 0.55 | 6 | 22 | ||
3M Return % | 1.85 | 1.81 | 1.49 | 1.87 | 4 | 22 | ||
6M Return % | 3.78 | 3.68 | 3.03 | 3.81 | 3 | 22 | ||
1Y Return % | 7.91 | 7.68 | 6.53 | 7.99 | 2 | 22 | ||
3Y Return % | 6.75 | 6.58 | 6.30 | 6.86 | 4 | 18 | ||
5Y Return % | 6.11 | 5.94 | 5.27 | 6.25 | 4 | 15 | ||
1Y SIP Return % | -37.69 | -37.82 | -38.60 | -37.66 | 3 | 22 | ||
3Y SIP Return % | 2.06 | 1.91 | 1.64 | 2.17 | 3 | 18 | ||
5Y SIP Return % | 4.77 | 4.62 | 4.22 | 4.90 | 3 | 15 | ||
Standard Deviation | 0.51 | 0.52 | 0.43 | 0.68 | 10 | 18 | ||
Semi Deviation | 0.40 | 0.42 | 0.34 | 0.58 | 10 | 18 | ||
Max Drawdown % | 0.00 | -0.05 | -0.40 | 0.00 | 12 | 18 | ||
Average Drawdown % | 0.00 | -0.05 | -0.40 | 0.00 | 12 | 18 | ||
Sharpe Ratio | -0.59 | -1.21 | -2.83 | -0.47 | 5 | 18 | ||
Sterling Ratio | 0.65 | 0.61 | 0.50 | 0.66 | 6 | 18 | ||
Sortino Ratio | -0.19 | -0.34 | -0.65 | -0.15 | 5 | 18 |
Investment Period | Regular | Direct | ||
---|---|---|---|---|
Return % | Current Value of ₹ 10000 | Return % | Current Value of ₹ 10000 | |
1D | 0.02 | ₹ 10,002.00 | 0.02 | ₹ 10,002.00 |
1W | 0.12 | ₹ 10,012.00 | 0.13 | ₹ 10,013.00 |
1M | 0.53 | ₹ 10,053.00 | 0.54 | ₹ 10,054.00 |
3M | 1.81 | ₹ 10,181.00 | 1.85 | ₹ 10,185.00 |
6M | 3.69 | ₹ 10,369.00 | 3.78 | ₹ 10,378.00 |
1Y | 7.75 | ₹ 10,775.00 | 7.91 | ₹ 10,791.00 |
3Y | 6.58 | ₹ 12,107.00 | 6.75 | ₹ 12,164.00 |
5Y | 5.94 | ₹ 13,346.00 | 6.11 | ₹ 13,449.00 |
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 | -37.80 | ₹ 9,367.57 | -37.69 | ₹ 9,375.52 |
3Y | ₹ 36000 | 1.89 | ₹ 37,060.13 | 2.06 | ₹ 37,158.26 |
5Y | ₹ 60000 | 4.60 | ₹ 67,415.04 | 4.77 | ₹ 67,705.86 |
7Y | ₹ 84000 | ₹ | ₹ | ||
10Y | ₹ 120000 | ₹ | ₹ | ||
15Y | ₹ 180000 | ₹ | ₹ |
Date | Axis Money Market Fund NAV Regular Growth | Axis Money Market Fund NAV Direct Growth |
---|---|---|
20-12-2024 | 1372.699 | 1384.0651 |
19-12-2024 | 1372.4212 | 1383.779 |
18-12-2024 | 1372.2855 | 1383.636 |
17-12-2024 | 1372.1017 | 1383.4447 |
16-12-2024 | 1371.8257 | 1383.1603 |
13-12-2024 | 1371.0057 | 1382.3154 |
12-12-2024 | 1370.9763 | 1382.2796 |
11-12-2024 | 1370.9238 | 1382.2207 |
10-12-2024 | 1370.7087 | 1381.9977 |
09-12-2024 | 1370.4727 | 1381.7538 |
06-12-2024 | 1369.7167 | 1380.9734 |
05-12-2024 | 1369.3557 | 1380.6033 |
04-12-2024 | 1368.9131 | 1380.1511 |
03-12-2024 | 1368.6025 | 1379.8319 |
02-12-2024 | 1368.3334 | 1379.5545 |
29-11-2024 | 1367.4852 | 1378.6812 |
28-11-2024 | 1367.2267 | 1378.4146 |
27-11-2024 | 1367.0152 | 1378.1952 |
26-11-2024 | 1366.7915 | 1377.9637 |
25-11-2024 | 1366.5326 | 1377.6966 |
22-11-2024 | 1365.729 | 1376.8684 |
21-11-2024 | 1365.454 | 1376.5851 |
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 |
Disclaimer: NO INVESTMENT ADVICE. The Content is for informational purposes only.