Axis Money Market Fund Growth Return

  • 1M
  • 3M
  • 6M
  • 1Y
  • 3Y
  • 5Y
This Fund:
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Showing Funds Performance since Sep 07, 2020

Axis Money Market Fund Growth Fund Overview

Min. investment

SIP ₹100 & Lump. ₹100

AUM (Fund size)

₹19,875 Cr

Lock In Period

N/A

Expense Ratio

0.35

Exit Load

Nil

Benchmark

NIFTY Money Market Index A-I

Axis Money Market Fund Growth Calculate Returns

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Growth Review

DurationFund Return(%)Category Average(%)Category Best(%)
1M0.630.422.25
6M3.282.718.29
1Y6.325.368.29
3Y7.3014.4585.19

Portfolio Analysis

  • Equity:
  • Debt: 99.69%
  • Others
As on: 2026-07-31
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About Fund Axis Money Market Fund Growth

Axis Money Market Fund Growth managed by Axis Mutual Fund,is a Money Marketscheme with Assets Under Management of ₹19,875 Crore. The fund benchmarks its performance against the NIFTY Money Market Index A-I while maintaining an expense ratio of 0.35. 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
ICICI Prudential Money Market Fund Growth434,627 CR0.33
Nippon India Money Market Fund Growth423,227 CR0.39
Tata Money Market Fund - Growth534,138 CR0.4
Aditya Birla Sun Life Money Manager Fund Growth430,160 CR0.37
Axis Money Market Fund Growth419,875 CR0.35
Fund Name1Y3Y
This FundICICI Prudential Money Market Fund Growth6.248323.4534
This FundNippon India Money Market Fund Growth6.236823.4867
This FundTata Money Market Fund - Growth6.279523.4872
This FundAditya Birla Sun Life Money Manager Fund Growth6.287123.5236
This FundAxis Money Market Fund Growth6.316523.5402

Axis Money Market Fund Growth 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 0.35. 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 : 0.63%
  • 6 Months : 3.28%
  • 1 Year : 6.32%
  • 3 Years : 7.30%
Returns of Axis Money Market Fund Growth are updated daily based on NAV of ₹ 1538.3274 as on Aug 20,2026. Since inception, the return has been 23.54%.

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 ₹19,875 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.