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Axis Money Market Fund - Direct Plan - Growth

  • Regular
  • Direct
Category : Money Market Fund
Fund House : Axis Mutual Fund
  • NAV
    : ₹ 1112.025 0.01%
    (as on 12th May, 2021)
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Crisil Rank
Average performance among peers
Risk-O-Meter
Low to Moderate

Fund has 95.67% investment in Debt of which 29.86% in Government securities, 65.81% in funds invested in very low risk securities..

Suitable For : Investors who want to invest for very short term and are looking for alternative to bank accounts/deposits.

This Scheme
VS
  • CRISIL 10 Year Gilt Index
  • NA
  • NA
  • Gold
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Returns (NAV as on 12th May, 2021)

Period Invested for ₹10000 Invested on Latest Value Absolute Returns Annualised Returns Category Avg Rank within Category
1 Week 05-May-21 10005.90 0.06% - 0.05% 5/18
1 Month 12-Apr-21 10034.20 0.34% - 0.34% 8/18
3 Month 12-Feb-21 10104.40 1.04% - 1.01% 6/18
6 Month 12-Nov-20 10193.70 1.94% - 1.83% 4/18
YTD 01-Jan-21 10141.50 1.42% - 1.36% 6/18
1 Year 12-May-20 10506.50 5.07% 5.07% 4.73% 6/18
Since Inception 06-Aug-19 11120.30 11.20% 6.19% 7.31% 16/18

SIP Returns (NAV as on 12th May, 2021)

Period Invested for ₹1000 SIP Started on Investments Latest Value Absolute Returns Annualised Returns
1 Year 12-May-20 12000 12277.65 2.31 % 4.33 %
 

Tax Treatment

Portfolio (Updated on 30th Apr,2021)

No of Debt Holding 54 (Category Avg - 39.39) | Modified Duration 0.38 Years (Category Avg - 0.45)| Yield to Maturity 3.76% (Category Avg - 3.73%)

Type of Holdings

Security Type
% Weight
Category Average
GOI 10.40% 15.89%
CD 15.56% 17.24%
T-Bills 19.46% 11.82%
NCD & Bonds 0.00% 0.01%
CP 50.25% 43.60%

Investment / Portfolio Grades

Security Type
% Weight
Category Average
Government Backed 29.86% 27.70%
Low Risk 65.81% 60.85%
Moderate Risk 0.00% 0.00%
High Risk 0.00% 0.00%
Very High Risk 0.00% 0.00%
Others 0.00% 0.00%
Name Type of Instrument Weight (%)
TREPS TREPS 6.38%
Net Receivables Net Receivables -2.05%

Risk Ratios

Ratios calculated on daily returns for last 3 years (Updated as on 30th April, 2021)

  • Standard Deviation

    Low volatility
    0.39vs0.57
    Category Avg
  • Treynor's Ratio

    Poor risk adjusted returns
    -12.37vs-0.94
    Category Avg

Alternative Funds (Category Peers)

Scheme Name
Crisil Rank
Asset Size (Cr)
1M
3M
6M
1Y
3Y
Tata Money Market Fund - Direct Plan - Growth 3 3236.09 0.39 1.17 2.05 5.49 4.54
Aditya Birla Sun Life Money Manager Fund - Direct Plan - Growth 1 14499.15 0.36 1.09 1.94 5.36 7.25
HDFC Money Market Fund - Direct Plan - Growth 2 14231.64 0.36 1.08 1.91 5.27 7.16
SBI Savings Fund - Direct Plan - Growth 3 24547.28 0.35 1.04 1.90 5.13 7.09
ICICI Prudential Money Market Fund - Direct Plan - Growth 2 13632.80 0.34 1.03 1.85 5.08 6.96
UTI Money Market Fund - Direct Plan - Growth 4 7545.74 0.34 1.02 1.87 5.00 6.97
Invesco India Money Market Fund - Direct Plan - Growth 4 1636.25 0.40 1.16 1.96 4.98 6.64
DSP Savings Fund - Direct Plan - Growth 3 2410.96 0.42 1.14 1.90 4.94 6.91
Nippon India Money Market - Direct Plan - Growth 5 8565.01 0.34 1.04 1.91 4.86 7.03
Franklin India Savings Fund - Direct - Growth 2 1173.69 0.35 1.01 1.80 4.86 7.13

More Funds from Axis Mutual Fund

Out of 47 mutual fund schemes offered by this AMC, 8 is/are ranked 4 * , 10 is/are ranked 3 * , and 29 schemes are not ranked. See more about AMC

Scheme Name
Crisil Rank
Asset Size (Cr)
1M
3M
6M
1Y
3Y
Axis Long Term Equity Fund - Direct Plan - Growth 3 28238.59 2.09 -1.66 17.02 52.80 13.26
Axis Bluechip Fund - Direct Plan - Growth 4 25183.24 1.64 -3.34 12.51 46.25 15.28
Axis Liquid Fund - Direct Plan - Growth 3 25040.05 0.26 0.80 1.56 3.38 5.67
Axis Banking & PSU Debt Fund - Direct Plan - Growth 4 16362.98 0.54 1.49 1.92 7.52 9.16
Axis Focused 25 Fund - Direct Plan - Growth 3 15520.92 3.22 -2.60 16.60 56.30 13.30
Axis Short Term Fund - Direct Plan - Growth 3 11596.29 0.66 1.49 2.13 8.38 9.25
Axis Midcap Fund - Direct Plan - Growth 4 10898.59 3.66 4.24 23.55 59.91 17.92
Axis Treasury Advantage Fund - Direct Plan - Growth 3 8255.00 0.43 1.26 2.05 6.41 7.84
Axis Flexi Cap Fund - Direct Plan - Growth 3 7737.66 1.87 -2.44 14.56 46.84 14.98
Axis Overnight Fund - Direct Plan - Growth NA 6151.93 0.26 0.76 1.52 3.09 0.00

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