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Showing Funds Performance since Sep 07, 2020

Fund Overview

Min. investment

SIP ₹100 & Lump. ₹100

AUM (Fund size)

₹21,116 Cr

Lock In Period

N/A

Expense Ratio

0.34

Benchmark

NIFTY Money Market Index A-I

Exit Load

Nil

Summary

Latest details for Axis Money Market Fund Growth include a ₹1506.4651 NAV as of Apr 22,2026 and returns since inception of 23.74%. Minimum investments start at SIP ₹100. The Axis Money Market Fund Growth AUM is ₹21,116 Cr, with a lock-in of N/A years, expense ratio of 0.34%, and benchmark NIFTY Money Market Index A-I. Exit load is - Nil. In the growth review for 1M Month/Year, the fund recorded 0.79% returns, against a category average of 1.03% and a category best of 2.25%.

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Growth Review

DurationFund Return(%)Category Average(%)Category Best(%)
1M0.791.032.25
6M3.101.818.29
1Y6.555.748.64
3Y7.3614.2185.19

Portfolio Analysis

  • Equity:
  • Debt: 99.71%
  • Others
As on: 2026-03-31
View allocation % by

1. National Bank For Agriculture and Rural Development (10/03/2027)3.68%
2. Union Bank of India (15/09/2026)3.57%
3. Bank of Baroda (02/02/2027)3.43%
4. National Bank For Agriculture and Rural Development (28/01/2027)3.01%
5. HDFC Bank Limited (12/03/2027)2.87%
6. Small Industries Dev Bank of India (16/12/2026)2.57%
7. Mahindra & Mahindra Financial Services Limited (18/02/2027)2.53%
8. Kotak Mahindra Bank Limited (08/01/2027)2.33%
9. National Bank For Agriculture and Rural Development (17/02/2027)2.31%
10. The Federal Bank Limited (17/02/2027)2.31%
11. Small Industries Dev Bank of India (13/10/2026)2.25%
12. Canara Bank (15/09/2026)2.14%
13. Canara Bank (02/02/2027)2.08%
14. Canara Bank (04/03/2027)1.84%
15. Punjab & Sind Bank (26/02/2027)1.84%
16. Punjab & Sind Bank (12/03/2027)1.83%
17. Punjab National Bank (05/02/2027)1.74%
18. 182 Days Tbill (MD 03/09/2026)1.74%
19. Kotak Mahindra Bank Limited (21/12/2026)1.63%
20. IndusInd Bank Limited (22/01/2027)1.62%
21. Bajaj Housing Finance Limited (27/01/2027)1.62%
22. Small Industries Dev Bank of India (28/01/2027)1.51%
23. Small Industries Dev Bank of India (04/02/2027)1.46%
24. Canara Bank (12/01/2027)1.40%
25. Bank of Baroda (05/02/2027)1.39%
26. Canara Bank (28/01/2027)1.39%
27. AU Small Finance Bank Limited (03/03/2027)1.38%
28. Kotak Mahindra Bank Limited (29/01/2027)1.34%
29. ICICI Bank Limited (27/01/2027)1.28%
30. 182 Days Tbill (MD 18/09/2026)1.20%
31. Tata Teleservices (Maharashtra) Limited (17/11/2026)1.17%
32. National Bank For Agriculture and Rural Development (22/01/2027)1.16%
33. Bank of Baroda (27/01/2027)1.16%
34. ICICI Securities Limited (12/02/2027)1.15%
35. Kotak Securities Limited (12/02/2027)1.15%
36. ICICI Securities Limited (18/02/2027)1.15%
37. Bharti Telecom Limited (26/02/2027)1.15%
38. Motilal Oswal Finvest Limited (12/06/2026)0.97%
39. Small Industries Dev Bank of India (27/10/2026)0.94%
40. Kotak Mahindra Bank Limited (04/02/2027)0.93%
41. IDFC First Bank Limited (27/01/2027)0.93%
42. Indian Bank (15/12/2026)0.93%
43. Bank of Baroda (25/01/2027)0.93%
44. IDFC First Bank Limited (04/02/2027)0.92%
45. ICICI Bank Limited (08/03/2027)0.92%
46. Motilal Oswal Financial Services Limited (18/02/2027)0.92%
47. 360 One Prime Limited (18/02/2027)0.91%
48. Panatone Finvest Limited (11/01/2027)0.81%
49. HDFC Bank Limited (13/11/2026)0.71%
50. Punjab National Bank (09/03/2027)0.69%
51. HDFC Bank Limited (09/03/2027)0.69%
52. Godrej Finance Limited (18/02/2027)0.69%
53. Godrej Housing Finance Limited (18/02/2027)0.69%
54. Birla Group Holdings Private Limited (21/01/2027)0.69%
55. Kotak Mahindra Bank Limited (31/08/2026)0.60%
56. National Bank For Agriculture and Rural Development (27/01/2027)0.58%
57. Small Industries Dev Bank of India (26/02/2027)0.58%
58. Small Industries Dev Bank of India (06/11/2026)0.57%
59. 182 Days Tbill (MD 21/05/2026)0.56%
60. 7.42% West Bengal State Development Loans (09/11/2026)0.53%
61. Truhome Finance Limited (30/04/2026)0.49%
62. Torrent Pharmaceuticals Limited (22/12/2026)0.47%
63. Bajaj Housing Finance Limited (01/01/2027)0.47%
64. Small Industries Dev Bank of India (04/12/2026)0.47%
65. 360 One Prime Limited (18/01/2027)0.46%
66. Tata Capital Limited (18/02/2027)0.46%
67. National Bank For Agriculture and Rural Development (17/03/2027)0.46%
68. Punjab National Bank (04/03/2027)0.46%
69. Small Industries Dev Bank of India (18/02/2027)0.46%
70. Phoenix Arc Limited (19/02/2027)0.45%
71. 8.08% Maharastra State Development Loans(15/06/2026)0.38%
72. 8.07% Rajasthan State Development Loans (15/06/2026)0.37%
73. Bank of Baroda (16/09/2026)0.36%
74. Godrej Industries Limited (27/01/2027)0.35%
75. Godrej Industries Limited (29/01/2027)0.35%
76. Godrej Industries Limited (28/01/2027)0.35%
77. Godrej Industries Limited (25/01/2027)0.35%
78. 7.77% Kerala State Development Loans (01/03/2027)0.29%
79. Infina Finance Private Limited (30/04/2026)0.24%
80. Motilal Oswal Finvest Limited (15/06/2026)0.24%
81. 7.39% Tamil Nadu State Development Loans (09/11/2026)0.15%
82. 7.8% Jharkhand State Development Loans (01/03/2027)0.12%
83. Barclays Investments & Loans (India) Private Limited (12/06/2026)0.12%
84. ICICI Securities Limited (11/06/2026)0.07%
85. Union Bank of India (10/06/2026)0.07%
86. IDBI Bank Limited (05/06/2026)0.03%
87. ICICI Securities Limited (08/06/2026)0.01%
88. Interest Rate Swaps Pay Floating Receive Fix -HSBC BANK (08/03/2027) (FV 25000 Lacs)0.00%
89. Interest Rate Swaps Pay Floating Receive Fix -ICISECPD (08/03/2027) (FV 25000 Lacs)0.00%
90. Interest Rate Swaps Pay Floating Receive Fix -IDFC BANK (25/03/2027) (FV 15000 Lacs)0.00%
91. Interest Rate Swaps Pay Floating Receive Fix -BARC (25/03/2027) (FV 15000 Lacs)0.00%
92. Net Receivables / (Payables)-3.33%

1. 182 Days Tbill (MD 11/06/2026)2.33%
2. 182 Days Tbill (MD 30/04/2026)1.32%
3. 364 Days Tbill (MD 28/08/2026)1.20%
4. 364 Days Tbill (MD 29/10/2026)0.64%
5. 182 Days Tbill (MD 04/06/2026)0.54%
6. 182 Days Tbill (MD 18/06/2026)0.49%
7. 364 Days Tbill (MD 25/06/2026)0.12%
8. 364 Days Tbill (MD 15/10/2026)0.12%
9. 364 Days Tbill (MD 23/10/2026)0.10%
10. 364 Days Tbill (MD 06/11/2026)0.02%

1. 6.54% Maharashtra State Development Loans (09/02/2027)0.59%

About Fund

Axis Money Market Fund Growth managed by Axis Mutual Fund,is a Money Marketscheme with Assets Under Management of ₹21,116 Crore. The fund benchmarks its performance against the NIFTY Money Market Index A-I while maintaining an expense ratio of 0.34. Under the expert guidance of Devang Shah ,the fund implements a disciplined investment approach aligned with its mandate. The scheme requires a minimum investment of ₹500 for SIP and ₹1,000 for lump sum investments, making it accessible to diverse investor profiles.

Fund Managers

Devang Shah

Mr. Devang holds B.Com, A.C.A. He has over 10 years of experience as Fund Manager. Prior to joining Axis Mutual Fund, he has worked with ICICI Prudential Asset Management Company Limited (April 2008 - October 2012) as Fund Manager, Deutsche Asset Management (India) Pvt. Ltd. (2006-2008) as Analayst, Pricewaterhouse Coopers (2004-2006)as Assistant Manager.

Peer Comparison

Fund NameRatingsAUMExpense Ratio
This FundNippon India Money Market Fund Growth521492 CR0.41
This FundICICI Prudential Money Market Fund Growth432741.06 CR0.4
This FundAxis Money Market Fund Growth521116.29 CR0.34
This FundAditya Birla Sun Life Money Manager Fund - Retail Plan Growth032940.02 CR0.27
This FundUTI Money Market Fund Growth521693.69 CR0.21
Fund Name1Y3Y
This FundNippon India Money Market Fund Growth6.505623.7081
This FundICICI Prudential Money Market Fund Growth6.514323.7166
This FundAxis Money Market Fund Growth6.547923.7362
This FundAditya Birla Sun Life Money Manager Fund - Retail Plan Growth6.515123.7411
This FundUTI Money Market Fund Growth6.552423.8317

FAQs

Axis Money Market Fund Growth's fund is managed by experienced SEBI-registered investment fund manager , who implements the fund's strategy through research-backed decisions while adhering to its stated objectives.

The expense ratio of Axis Money Market Fund Growth is 0.34. This expense ratio is calculated by dividing the fund's operating expenses by its net assets.

Axis Money Market Fund Growth’s fund performance is as follows:
  • 1 Month : 0.79%
  • 6 Months : 3.10%
  • 1 Year : 6.55%
  • 3 Years : 7.36%
Returns of Axis Money Market Fund Growth are updated daily based on NAV of ₹ 1506.4651 as on Apr 22,2026. Since inception, the return has been 23.74%.

You can invest in Axis Money Market Fund Growth through SIP with a minimum of ₹500 monthly or make a lump sum investment of a minimum ₹1,000. Additional purchase minimums vary by scheme.

The fund size (AUM) of Axis Money Market Fund Growth is ₹21,116 crore. It changes based on market performance, inflows, and outflows.

You can track your investment in Axis Money Market Fund Growth through our website, our Choice FinX mobile app, regular statements, and email updates. Our customer support team is available for queries.
Min Inv Amount: ₹500