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:

  1. An investment of ₹10,000 in Axis Money Market Fund direct growth option would have grown to ₹10791.0 in 1 year, ₹12164.0 in 3 years and ₹13449.0 in 5 years as of today (20-12-2024).
  2. An SIP of ₹1,000 per month in Axis Money Market Fund direct growth option would have grown to ₹9376.0 in 1 year, ₹37158.0 in 3 years and ₹67706.0 in 5 years as of today (20-12-2024).
  3. Sharpe ratio of the fund is -0.59 which shows very good performance of fund in the money market fund category.


Not able to see in mobile!!! save the chart by clicking on camera icon.

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
Return data last Updated On : Dec. 20, 2024.
Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : Nov. 29, 2024
KPIs: Key Performance Indicators

Rotate the phone! Best viewed in landscape mode on mobile.
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
Return data last Updated On : Dec. 20, 2024.
Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : Nov. 29, 2024
KPIs: Key Performance Indicators

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
Source: Fund FactSheet

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