Axis Money Market Fund

Fund at a Glance
NAV Growth (Rs.)	1,553.57
Monthly NAV IDCW (Rs.)	1,011.98
Quarterly NAV IDCW (Rs.)	1,204.32
Yearly NAV IDCW (Rs.)	1,315.86
Min. Investment (Rs.)	100
Min. SIP Investment (Rs.)	100
Min. No of Cheques	6
Benchmark	NIFTY Money Market Index A-I
AUM Rs.	19,875 Cr
	(As on 31-Jul-2026)
Expense	0.15%
1 Year Return (%)	6.52
3 Year Return (%)	7.47
5 Year Return (%)	6.70
10 Year Return (%)	—
Return Since Launch	6.48%

Suitable For Which Investors?
Money Market funds are suitable for:
1. Parking emergency corpus or idle money for capital preservation
2. Earning slightly higher returns than savings bank account, with low volatility
3. Investment horizon of 1-1.5 years
Note:
• There is no guarantee of returns
• Not suitable for long-term wealth creation

Fund’s Investment Strategy:
The scheme seeks to generate regular income through investment in a portfolio comprising of money market instruments.

Fund Manager:

1) Aditya Pagaria
Education: Mr. Pagaria is a Bachelor in Management Studies and holds a Post Graduate Diploma in Business Management from Institute Of Technology And Management, SK Somaiya College.
Experience: Prior to joining Axis AMC he was associated with ICICI Prudential AMC (Nov 2011-Jul 2016) as Fund Manager – Fixed Income Operations.
2) Devang Shah
Education: Mr. Shah is B.Com and ACA.
Experience: Prior to joining Axis AMC he has worked with ICICI Prudential AMC, Deutsche Asset Management (India) Pvt. Ltd. and Pricewaterhouse Coopers.
3) Sachin Jain
Education: Mr. Jain is a B.Tech, AGMP (Management)
Experience: Prior to joining Axis Asset Management Company Ltd., he has worked with Sundaram Mutual Fund, I- Cap, Sunidhi securities and Finance Ltd.

Investment Details

Min. Investment (Rs)	100
Min. Addl Investment (Rs)	100
Min. SIP Investment (Rs)	100
Min. Withdrawal (Rs)	—
Min. No of Cheques	6
Min. Balance (Rs)	500
Lock-in Period	NA
Exit Load	0

Basic Details of Axis Money Market Fund

Fund House	Axis Mutual Fund
Launch Date	06-Aug-19
Return Since Launch	6.48%
Benchmark	NIFTY Money Market Index A-I
Riskometer	Moderate
Type	Open-ended
Assets	19,875 Cr
	(As on 31-Jul-2026)
Expense	0.15%
	(As on 31-Jul-2026)
Risk Grade	Average
Return Grade	Above Average