Axis Money Market Fund Overview
Category Money Market Fund
BMSMONEY Rank 4
BMSMONEY Rating
Gro. Opt. As On: 17-01-2025
NAV ₹1380.1(R) +0.02% ₹1391.7(D) +0.02%
Returns 1Y 3Y 5Y 7Y 10Y
LumpSum (R) 7.69% 6.65% 5.96% -% -%
LumpSum (D) 7.85% 6.82% 6.13% -% -%
SIP (R) -8.91% 5.48% 5.83% -% -%
SIP (D) -8.76% 5.65% 5.99% -% -%
Ratio Sharpe Ratio Sortino Ratio Sterling Ratio Jensen's Alpha Treynor Ratio
-0.56 -0.18 0.66 -% -
Risk STD. Dev VaR 1Y95% Max DD Beta Semi Devi.
0.5% 0.0% 0.0% - 0.4%
Top Money Market Fund
Fund Name Rank Rating
Uti Money Market Fund 1
Nippon India Money Market Fund 2
Aditya Birla Sun Life Money Manager Fund 3
Axis Money Market Fund 4

NAV Date: 17-01-2025

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 1010.16
0.2000
0.0200%
Axis Money Market Fund - Direct Plan - Monthly IDCW 1012.16
0.2100
0.0200%
Axis Money Market Fund - Regular Plan - Quarterly IDCW 1123.89
0.2300
0.0200%
Axis Money Market Fund - Direct Plan - Quarterly IDCW 1135.34
0.2300
0.0200%
Axis Money Market Fund - Regular Plan - Annual IDCW 1243.82
0.2500
0.0200%
Axis Money Market Fund - Direct Plan - Annual IDCW 1254.95
0.2600
0.0200%
Axis Money Market Fund - Regular Plan - Growth Option 1380.1
0.2800
0.0200%
Axis Money Market Fund - Direct Plan - Growth Option 1391.7
0.2800
0.0200%

Review Date: 17-01-2025

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 7.69% in 1 year, 6.65% in 3 years and 5.96% in 5 years. The category average for the same periods is 7.29%, 6.3% and 5.63% respectively, which shows good return performance of fund in the category. The fund has exhibited standard deviation of 0.5. The category average for the same parameter is 0.51 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 ₹10785.0 in 1 year, ₹12190.0 in 3 years and ₹13464.0 in 5 years as of today (17-01-2025).
  2. An SIP of ₹1,000 per month in Axis Money Market Fund direct growth option would have grown to ₹11422.0 in 1 year, ₹39234.0 in 3 years and ₹69826.0 in 5 years as of today (17-01-2025).
  3. Sharpe ratio of the fund is -0.56 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 % 0.58
0.56
0.47 | 0.60 7 | 22 Good
3M Return % 1.75
1.68
1.40 | 1.77 5 | 22 Very Good
6M Return % 3.62
3.46
2.79 | 3.64 3 | 22 Very Good
1Y Return % 7.69
7.29
5.99 | 7.70 2 | 22 Very Good
3Y Return % 6.65
6.30
5.39 | 6.73 6 | 18 Good
5Y Return % 5.96
5.63
4.77 | 6.10 6 | 15 Good
1Y SIP Return % -8.91
-9.20
-10.30 | -8.89 2 | 22 Very Good
3Y SIP Return % 5.48
5.15
4.33 | 5.52 5 | 18 Very Good
5Y SIP Return % 5.83
5.52
4.63 | 5.89 5 | 15 Good
Standard Deviation 0.50
0.51
0.41 | 0.67 10 | 18 Good
Semi Deviation 0.40
0.42
0.33 | 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 -0.56
-1.18
-2.86 | -0.45 5 | 18 Very Good
Sterling Ratio 0.66
0.62
0.51 | 0.67 6 | 18 Good
Sortino Ratio -0.18
-0.33
-0.65 | -0.15 5 | 18 Very Good
Return data last Updated On : Jan. 17, 2025.
Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : Dec. 31, 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 % 0.60 0.58 0.50 | 0.62 4 | 22
3M Return % 1.79 1.76 1.51 | 1.82 5 | 22
6M Return % 3.71 3.63 3.01 | 3.76 3 | 22
1Y Return % 7.85 7.63 6.45 | 7.94 2 | 22
3Y Return % 6.82 6.66 6.38 | 6.93 4 | 18
5Y Return % 6.13 5.96 5.30 | 6.28 4 | 15
1Y SIP Return % -8.76 -8.92 -9.92 | -8.71 3 | 22
3Y SIP Return % 5.65 5.50 5.24 | 5.76 3 | 18
5Y SIP Return % 5.99 5.85 5.48 | 6.12 3 | 15
Standard Deviation 0.50 0.51 0.41 | 0.67 10 | 18
Semi Deviation 0.40 0.42 0.33 | 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 -0.56 -1.18 -2.86 | -0.45 5 | 18
Sterling Ratio 0.66 0.62 0.51 | 0.67 6 | 18
Sortino Ratio -0.18 -0.33 -0.65 | -0.15 5 | 18
Return data last Updated On : Jan. 17, 2025.
Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : Dec. 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 0.14 ₹ 10,014.00 0.14 ₹ 10,014.00
1M 0.58 ₹ 10,058.00 0.60 ₹ 10,060.00
3M 1.75 ₹ 10,175.00 1.79 ₹ 10,179.00
6M 3.62 ₹ 10,362.00 3.71 ₹ 10,371.00
1Y 7.69 ₹ 10,769.00 7.85 ₹ 10,785.00
3Y 6.65 ₹ 12,132.00 6.82 ₹ 12,190.00
5Y 5.96 ₹ 13,360.00 6.13 ₹ 13,464.00
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 -8.91 ₹ 11,412.31 -8.76 ₹ 11,421.94
3Y ₹ 36000 5.48 ₹ 39,133.80 5.65 ₹ 39,233.59
5Y ₹ 60000 5.83 ₹ 69,532.68 5.99 ₹ 69,826.14
7Y ₹ 84000
10Y ₹ 120000
15Y ₹ 180000


Date Axis Money Market Fund NAV Regular Growth Axis Money Market Fund NAV Direct Growth
17-01-2025 1380.0986 1391.6968
16-01-2025 1379.8221 1391.4119
15-01-2025 1379.4525 1391.0331
14-01-2025 1379.109 1390.6806
13-01-2025 1378.8821 1390.4457
10-01-2025 1378.1483 1389.6874
09-01-2025 1377.7894 1389.3195
08-01-2025 1377.729 1389.2525
07-01-2025 1377.6823 1389.1993
06-01-2025 1377.4964 1389.0058
03-01-2025 1376.7624 1388.2474
02-01-2025 1376.5798 1388.0571
01-01-2025 1376.2221 1387.6904
31-12-2024 1375.8189 1387.2778
30-12-2024 1374.97 1386.4157
27-12-2024 1374.2186 1385.6398
26-12-2024 1373.8232 1385.235
24-12-2024 1373.331 1384.7266
23-12-2024 1373.2085 1384.597
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

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.