Axis Money Market Fund - Regular Plan - Growth Option
Fund House: Axis Mutual Fund| Category: Debt: Money Market |
| Launch Date: 05-08-2019 |
| Asset Class: Fixed Income |
| Benchmark: NIFTY Money Market Index A-I |
| TER: 0.32% As on (31-01-2025) |
| Status: Open Ended Schemes |
| Minimum Investment: 5000.0 |
| Minimum Topup: 1000.0 |
| Total Assets: 18,266.08 Cr As on 31-01-2025(Source:AMFI) |
| Turn over: - | Exit Load: Nil. |
1390.8337
0.14 (0.0103%)
6.08%
Benchmark: 6.37%
PERFORMANCE
Returns Type:
of :
Start :
End :
Period:
This Scheme
-
vs
Nifty 1D Rate Index
-
Gold
-
PPF
-
Returns Type:
of :
Period:
Start :
Period:
Fund Multiplier
Time it would have taken to make your money double (2x), quadruple (4x) and quintuple (5x)
Time Taken To Multiply
2x
4x
5x
10x
FUND
0 Years 0 Months
0 Years 0 Months
0 Years 0 Months
0 Years 0 Months
FD
11 years 10 Months
GOLD
8 years 9 Months
NIFTY
5 years 5 Months
Investment Objective
The scheme seeks to generate regular income through investment in a portfolio comprising of money market instruments.
Current Asset Allocation (%)
Indicators
| Standard Deviation | 0.56 |
| Sharpe Ratio | 0.65 |
| Alpha | 2.86 |
| Beta | 1.24 |
| Yield to Maturity | 7.54 |
| Average Maturity | 0.51 |
PEER COMPARISON
| Scheme Name | Inception Date |
1 Year Return(%) |
2 Year Return(%) |
3 Year Return(%) |
5 Year Return(%) |
10 Year Return(%) |
|---|---|---|---|---|---|---|
| Axis Money Market Fund - Regular Plan - Growth Option | 05-08-2019 | 7.66 | 7.6 | 6.79 | 5.99 | - |
| Aditya Birla Sun Life Money Manager Fund - Growth | 10-10-2005 | 7.67 | 7.65 | 6.84 | 6.11 | 6.91 |
| Aditya Birla Sun Life Money Manager Fund - Retail Growth | 05-06-2003 | 7.67 | 7.65 | 6.84 | 6.11 | 6.91 |
| UTI MMF - Regular Plan - Growth Option | 01-07-2009 | 7.64 | 7.63 | 6.86 | 6.0 | 6.8 |
| Nippon India Money Market Fund-Growth Plan-Growth Option | 01-06-2005 | 7.62 | 7.59 | 6.85 | 5.99 | 6.81 |
| ICICI Prudential Money Market Fund Option - Growth | 01-03-2006 | 7.62 | 7.61 | 6.78 | 5.98 | 6.76 |
| Tata Money Market Fund-Regular Plan - Growth Option | 20-05-2003 | 7.61 | 7.6 | 6.8 | 6.07 | 6.03 |
| Kotak Money Market Fund - (Growth) | 14-07-2003 | 7.61 | 7.57 | 6.79 | 5.87 | 6.75 |
| Franklin India Money Market Fund - Growth Option | 11-02-2002 | 7.58 | 7.53 | 6.63 | 5.81 | 6.81 |
| HDFC Money Market Fund - Growth Option | 05-11-1999 | 7.58 | 7.53 | 6.73 | 6.03 | 6.74 |
Scheme Characteristics
Investment in Money Market instruments having maturity upto 1 year.
Riskometer
PORTFOLIO
Market Cap Distribution
Others
99.99%
