AMC
Axis Mutual Fund
Category
Money Market Fund
ISIN
INF846K01R12

Axis Money Market Fund

₹1,012.4254

+₹0.6011 (+0.06%)

NAV · Direct · IDCW Monthly ·

Axis Money Market Fund's Direct IDCW Monthly NAV was ₹1,012.4254 on 19 Oct 2026, up 0.06% on the day. Its 3-year return is 0.01% a year.

52-week NAV range0.6% below high
₹1,008.1078₹1,018.2025
Expense ratio
0.16%
Fund size
₹19,508.90 Cr
Min. investment
₹100

Between 20 Oct 2025 and 19 Oct 2026, the NAV ranged from ₹1,008.1078 to ₹1,018.2025.

Direct · IDCW Monthly plan. 3Y, 5Y and since-launch returns are annualised; since launch is absolute until the fund is a year old.

Fund details

Expense ratio
0.16% (Direct)
Exit load
nil
Riskometer
Moderate
Benchmark
NIFTY Money Market Index A-I
Launched
26 Jul 2019
Fund managers
Devang Shah, Sachin Jain, Aditya Pagaria

Fund size, expense ratio and minimums as of 1 Oct 2026.

All plans

PlanISINNAV1 dayExpense ratio1 year
Direct · GrowthINF846K01Q62₹1,571.2636+0.06%0.16%+6.56%
Regular · GrowthINF846K01R46₹1,553.5937+0.06%0.35%+6.38%
Direct · IDCW DailyINF846K01Q70₹1,005.6131+0.05%0.16%0.00%
Direct · IDCW AnnualINF846K01Q96₹1,330.8491+0.06%0.16%+3.33%
Direct · IDCW MonthlyINF846K01R12₹1,012.4254+0.06%0.16%−0.14%
Direct · IDCW QuarterlyINF846K01R38₹1,208.0065+0.06%0.16%+3.05%
Regular · IDCW DailyINF846K01R53₹1,005.6127+0.06%0.35%0.00%
Regular · IDCW AnnualINF846K01R79₹1,314.2422+0.06%0.35%+3.12%
Regular · IDCW MonthlyINF846K01R95₹1,009.0602+0.06%0.35%−0.05%
Regular · IDCW QuarterlyINF846K01S11₹1,191.4364+0.06%0.35%+2.83%

All plans hold the same portfolio. They differ in expense ratio (Direct plans pay no distributor commission) and in how gains are handled (Growth reinvests, IDCW pays out).

About this fund

Axis Money Market Fund is an open-ended mutual fund from Axis Mutual Fund, in the Money Market Fund category. It began on 26 Jul 2019. It is benchmarked to the NIFTY Money Market Index A-I. The fund manages ₹19,508.90 Cr across its plans as of 1 Oct 2026. The Direct · IDCW Monthly plan has an expense ratio of 0.16%. The minimum first investment is ₹100, and SIPs are available.

FAQs

What is the NAV of Axis Money Market Fund?

The NAV of Axis Money Market Fund (Direct · IDCW Monthly) was ₹1,012.4254 on 19 Oct 2026, up 0.06% from the previous NAV.

What plans does Axis Money Market Fund have?

Axis Money Market Fund has 10 plans: Direct · Growth; Regular · Growth; Direct · IDCW Daily; Direct · IDCW Annual; Direct · IDCW Monthly; Direct · IDCW Quarterly; Regular · IDCW Daily; Regular · IDCW Annual; Regular · IDCW Monthly; Regular · IDCW Quarterly.

What is the expense ratio of Axis Money Market Fund?

The Direct · IDCW Monthly plan of Axis Money Market Fund has an expense ratio of 0.16%.

What is the fund size (AUM) of Axis Money Market Fund?

Axis Money Market Fund manages ₹19,508.90 Cr across all plans as of 1 Oct 2026.

What returns has Axis Money Market Fund delivered?

Axis Money Market Fund returned −0.14% over 1Y, +0.01% a year over 3Y, +0.06% a year over 5Y. Past performance does not guarantee future returns.

What is the exit load of Axis Money Market Fund?

Axis Money Market Fund: nil.

What is the minimum investment and SIP amount for Axis Money Market Fund?

The minimum first investment in Axis Money Market Fund is ₹100, and ₹100 after that. SIPs are available (SIP available Daily (min Rs.10), Weekly/Monthly (min Rs.100), Yearly (min Rs.12000). Minimum 6 instalments for Daily/Weekly/Monthly, 3 for Yearly. Available on all dates except 29, 30, 31.).

How risky is Axis Money Market Fund?

Axis Money Market Fund is rated "moderate risk" on SEBI's riskometer.

For information only. Not investment advice or a research report. Past performance does not guarantee future returns. Mutual fund investments are subject to market risks; read all scheme-related documents carefully.

Full disclaimer

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