Axis Money Market Fund Overview
Category Money Market Fund
BMSMONEY Rank 5
BMSMONEY Rating
Gro. Opt. As On: 19-11-2024
NAV ₹1365.02(R) +0.02% ₹1376.14(D) +0.02%
Returns 1Y 3Y 5Y 7Y 10Y
LumpSum (R) 7.73% 6.49% 5.93% -% -%
LumpSum (D) 7.89% 6.66% 6.09% -% -%
SIP (R) -23.56% 3.66% 2.92% -% -%
SIP (D) -23.44% 3.83% 3.09% -% -%
Ratio Sharpe Ratio Sortino Ratio Sterling Ratio Jensen's Alpha Treynor Ratio
-0.68 -0.22 0.64 -% -
Risk STD. Dev VaR 1Y95% Max DD Beta Semi Devi.
0.52% 0.0% 0.0% - 0.41%
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
Tata Money Market Fund 4

NAV Date: 19-11-2024

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 1010.55
0.1900
0.0200%
Axis Money Market Fund - Direct Plan - Monthly IDCW 1012.56
0.2000
0.0200%
Axis Money Market Fund - Regular Plan - Quarterly IDCW 1121.55
0.2200
0.0200%
Axis Money Market Fund - Direct Plan - Quarterly IDCW 1132.52
0.2200
0.0200%
Axis Money Market Fund - Regular Plan - Annual IDCW 1230.23
0.2400
0.0200%
Axis Money Market Fund - Direct Plan - Annual IDCW 1240.89
0.2400
0.0200%
Axis Money Market Fund - Regular Plan - Growth Option 1365.02
0.2600
0.0200%
Axis Money Market Fund - Direct Plan - Growth Option 1376.14
0.2700
0.0200%

Review Date: 19-11-2024

Axis Money Market Fund has exhibited good performance in the Money Market Fund category. The fund has rank of 5 out of 18 funds in the category. The fund has delivered return of 7.73% in 1 year, 6.49% in 3 years and 5.93% in 5 years. The category average for the same periods is 7.32%, 6.13% and 5.58% respectively, which shows good return performance of fund in the category. The fund has exhibited standard deviation of 0.52. The category average for the same parameter is 0.53 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 ₹10789.0 in 1 year, ₹12133.0 in 3 years and ₹13441.0 in 5 years as of today (19-11-2024).
  2. An SIP of ₹1,000 per month in Axis Money Market Fund direct growth option would have grown to ₹10410.0 in 1 year, ₹38171.0 in 3 years and ₹64889.0 in 5 years as of today (19-11-2024).
  3. Sharpe ratio of the fund is -0.68 which shows very good performance of fund in the money market fund category.


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KPIs* Fund Benchmark Cat. Avg Min | Max Rank (In Cat.) Performance
1M Return % 0.57
0.55
0.42 | 0.57 2 | 22 Very Good
3M Return % 1.87
1.79
1.37 | 1.88 2 | 22 Very Good
6M Return % 3.72
3.54
2.77 | 3.72 1 | 22 Very Good
1Y Return % 7.73
7.32
6.07 | 7.73 2 | 22 Very Good
3Y Return % 6.49
6.13
5.23 | 6.57 6 | 18 Good
5Y Return % 5.93
5.58
4.74 | 6.06 5 | 15 Good
1Y SIP Return % -23.56
-23.85
-24.89 | -23.56 1 | 22 Very Good
3Y SIP Return % 3.66
3.31
2.50 | 3.71 4 | 18 Very Good
5Y SIP Return % 2.92
2.62
1.76 | 3.00 5 | 15 Good
Standard Deviation 0.52
0.53
0.45 | 0.68 10 | 18 Good
Semi Deviation 0.41
0.42
0.35 | 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 -0.68
-1.29
-2.88 | -0.55 5 | 18 Very Good
Sterling Ratio 0.64
0.60
0.50 | 0.65 6 | 18 Good
Sortino Ratio -0.22
-0.36
-0.65 | -0.18 5 | 18 Very Good
Return data last Updated On : Nov. 19, 2024.
Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : Oct. 31, 2024
KPIs: Key Performance Indicators

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KPIs* Fund Benchmark Cat. Avg Min | Max Rank (In Cat.) Performance
1M Return % 0.59 0.57 0.45 | 0.59 4 | 22
3M Return % 1.91 1.87 1.48 | 1.93 4 | 22
6M Return % 3.81 3.70 2.99 | 3.83 2 | 22
1Y Return % 7.89 7.67 6.53 | 7.97 2 | 22
3Y Return % 6.66 6.49 6.20 | 6.77 4 | 18
5Y Return % 6.09 5.91 5.25 | 6.22 4 | 15
1Y SIP Return % -23.44 -23.59 -24.56 | -23.39 3 | 22
3Y SIP Return % 3.83 3.68 3.39 | 3.94 3 | 18
5Y SIP Return % 3.09 2.94 2.54 | 3.21 3 | 15
Standard Deviation 0.52 0.53 0.45 | 0.68 10 | 18
Semi Deviation 0.41 0.42 0.35 | 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 -0.68 -1.29 -2.88 | -0.55 5 | 18
Sterling Ratio 0.64 0.60 0.50 | 0.65 6 | 18
Sortino Ratio -0.22 -0.36 -0.65 | -0.18 5 | 18
Return data last Updated On : Nov. 19, 2024.
Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : Oct. 31, 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 0.13 ₹ 10,013.00 0.14 ₹ 10,014.00
1M 0.57 ₹ 10,057.00 0.59 ₹ 10,059.00
3M 1.87 ₹ 10,187.00 1.91 ₹ 10,191.00
6M 3.72 ₹ 10,372.00 3.81 ₹ 10,381.00
1Y 7.73 ₹ 10,773.00 7.89 ₹ 10,789.00
3Y 6.49 ₹ 12,076.00 6.66 ₹ 12,133.00
5Y 5.93 ₹ 13,338.00 6.09 ₹ 13,441.00
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 -23.56 ₹ 10,401.47 -23.44 ₹ 10,409.78
3Y ₹ 36000 3.66 ₹ 38,072.23 3.83 ₹ 38,171.02
5Y ₹ 60000 2.92 ₹ 64,620.12 3.09 ₹ 64,888.68
7Y ₹ 84000 ₹ ₹
10Y ₹ 120000 ₹ ₹
15Y ₹ 180000 ₹ ₹


Date Axis Money Market Fund NAV Regular Growth Axis Money Market Fund NAV Direct Growth
19-11-2024 1365.0214 1376.1369
18-11-2024 1364.759 1375.8663
14-11-2024 1363.7606 1374.8357
13-11-2024 1363.4825 1374.5494
12-11-2024 1363.1937 1374.2522
11-11-2024 1362.9573 1374.0078
08-11-2024 1362.1848 1373.211
07-11-2024 1361.9174 1372.9354
06-11-2024 1361.5864 1372.5957
05-11-2024 1361.3229 1372.3241
04-11-2024 1361.007 1371.9996
31-10-2024 1359.9245 1370.8844
30-10-2024 1359.5735 1370.5245
29-10-2024 1359.3098 1370.2527
28-10-2024 1359.0291 1369.9637
25-10-2024 1358.2811 1369.1917
24-10-2024 1358.0287 1368.9313
23-10-2024 1357.7351 1368.6293
22-10-2024 1357.5079 1368.3943
21-10-2024 1357.2387 1368.1169

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.