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Axis Money Market Fund Growth Return

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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)

₹18,724 Cr

Lock In Period

N/A

Expense Ratio

0.34

Exit Load

Nil

Benchmark

NIFTY Money Market Index A-I

Summary

Axis Money Market Fund Growth NAV is ₹1520.0705 as of 23 Jun, 2026. Axis Money Market Fund Growth has delivered 23.32% returns since its launch. The minimum SIP investment amount in Axis Money Market Fund Growth is ₹100. The AUM of Axis Money Market Fund Growth is ₹18,724 Cr. The expense ratio of the fund is 0.34%, and its benchmark is NIFTY Money Market Index A-I. The current exit load of the fund is Nil. In the last 1M months, Axis Money Market Fund Growth has delivered 0.74% returns.

Axis Money Market Fund Growth Calculate Returns

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Growth Review

DurationFund Return(%)Category Average(%)Category Best(%)
1M0.740.312.25
6M3.021.948.29
1Y6.105.098.29
3Y7.2414.0385.19

Portfolio Analysis

  • Equity:
  • Debt: 99.67%
  • Others
As on: 2026-05-31
View allocation % by

1. Bank of Baroda (02/02/2027)3.71%
2. Bharti Telecom Limited (03/09/2026)3.50%
3. National Bank For Agriculture and Rural Development (28/01/2027)3.40%
4. Small Industries Dev Bank of India (16/12/2026)2.90%
5. Clearing Corporation of India Ltd2.73%
6. Cholamandalam Investment and Finance Company Ltd (04/11/2026)2.65%
7. Small Industries Dev Bank of India (13/10/2026)2.54%
8. The Federal Bank Limited (17/02/2027)2.34%
9. Punjab National Bank (05/02/2027)2.22%
10. HDFC Bank Limited (12/03/2027)2.20%
11. Punjab & Sind Bank (26/02/2027)2.08%
12. Punjab & Sind Bank (12/03/2027)2.07%
13. 182 Days Tbill (MD 03/09/2026)1.97%
14. National Bank For Agriculture and Rural Development (10/03/2027)1.94%
15. Kotak Mahindra Bank Limited (21/12/2026)1.85%
16. Kotak Mahindra Bank Limited (08/01/2027)1.84%
17. Bajaj Housing Finance Limited (27/01/2027)1.83%
18. IndusInd Bank Limited (22/01/2027)1.83%
19. National Bank For Agriculture and Rural Development (17/02/2027)1.82%
20. Bank of Baroda (27/01/2027)1.57%
21. Punjab National Bank (28/01/2027)1.57%
22. AU Small Finance Bank Limited (03/03/2027)1.55%
23. Kotak Mahindra Bank Limited (29/01/2027)1.52%
24. Small Industries Dev Bank of India (28/01/2027)1.44%
25. 182 Days Tbill (MD 18/09/2026)1.35%
26. Infina Finance Private Limited (15/10/2026)1.33%
27. Mahindra Rural Housing Finance Limited (06/11/2026)1.33%
28. Tata Teleservices (Maharashtra) Limited (17/11/2026)1.32%
29. National Bank For Agriculture and Rural Development (22/01/2027)1.31%
30. Mindspace Business Parks REIT (05/02/2027)1.30%
31. ICICI Securities Limited (12/02/2027)1.30%
32. Kotak Securities Limited (12/02/2027)1.30%
33. ICICI Securities Limited (18/02/2027)1.30%
34. Bharti Telecom Limited (26/02/2027)1.29%
35. Mahindra & Mahindra Financial Services Limited (18/02/2027)1.22%
36. Small Industries Dev Bank of India (27/10/2026)1.07%
37. Canara Bank (12/01/2027)1.05%
38. Bank of Baroda (25/01/2027)1.05%
39. Canara Bank (02/02/2027)1.05%
40. IDFC First Bank Limited (04/02/2027)1.04%
41. Kotak Mahindra Bank Limited (04/02/2027)1.04%
42. IDFC First Bank Limited (27/01/2027)1.04%
43. 360 One Prime Limited (18/02/2027)1.03%
44. ICICI Bank Limited (27/01/2027)0.92%
45. Panatone Finvest Limited (11/01/2027)0.92%
46. Cholamandalam Investment and Finance Company Ltd (09/10/2026)0.80%
47. HDFC Bank Limited (02/03/2027)0.78%
48. IDBI Bank Limited (11/03/2027)0.78%
49. Birla Group Holdings Private Limited (21/01/2027)0.78%
50. Godrej Housing Finance Limited (18/02/2027)0.78%
51. Godrej Finance Limited (18/02/2027)0.78%
52. DSP Finance Private Limited (18/09/2026)0.67%
53. National Bank For Agriculture and Rural Development (27/01/2027)0.65%
54. Canara Bank (04/03/2027)0.65%
55. Small Industries Dev Bank of India (06/11/2026)0.64%
56. 7.42% West Bengal State Development Loans (09/11/2026)0.59%
57. Bajaj Housing Finance Limited (01/01/2027)0.53%
58. Torrent Pharmaceuticals Limited (22/12/2026)0.53%
59. Small Industries Dev Bank of India (04/12/2026)0.53%
60. 360 One Prime Limited (18/01/2027)0.52%
61. Motilal Oswal Financial Services Limited (28/01/2027)0.52%
62. Motilal Oswal Financial Services Limited (18/02/2027)0.52%
63. Union Bank of India (19/01/2027)0.52%
64. Small Industries Dev Bank of India (26/02/2027)0.52%
65. HDFC Bank Limited (09/03/2027)0.52%
66. DSP Finance Private Limited (19/03/2027)0.51%
67. Phoenix Arc Limited (19/02/2027)0.51%
68. 8.08% Maharastra State Development Loans(15/06/2026)0.43%
69. 8.07% Rajasthan State Development Loans (15/06/2026)0.41%
70. HDFC Bank Limited (21/09/2026)0.40%
71. Godrej Industries Limited (25/01/2027)0.39%
72. Godrej Industries Limited (27/01/2027)0.39%
73. Godrej Industries Limited (28/01/2027)0.39%
74. Godrej Industries Limited (29/01/2027)0.39%
75. Punjab National Bank (04/03/2027)0.39%
76. 7.77% Kerala State Development Loans (01/03/2027)0.32%
77. Bank of Baroda (05/02/2027)0.26%
78. The Federal Bank Limited (18/02/2027)0.26%
79. 7.39% Tamil Nadu State Development Loans (09/11/2026)0.17%
80. Motilal Oswal Finvest Limited (12/06/2026)0.14%
81. 7.8% Jharkhand State Development Loans (01/03/2027)0.14%
82. National Bank For Agriculture and Rural Development (17/03/2027)0.13%
83. IDBI Bank Limited (05/06/2026)0.03%
84. Union Bank of India (22/06/2026)0.03%
85. ICICI Securities Limited (08/06/2026)0.01%
86. Net Receivables / (Payables)-0.17%

1. 364 Days Tbill (MD 28/08/2026)1.36%
2. 364 Days Tbill (MD 29/10/2026)0.73%
3. 182 Days Tbill (MD 04/06/2026)0.60%
4. 182 Days Tbill (MD 11/06/2026)0.16%
5. 364 Days Tbill (MD 25/06/2026)0.14%
6. 364 Days Tbill (MD 15/10/2026)0.13%
7. 364 Days Tbill (MD 23/10/2026)0.11%
8. 364 Days Tbill (MD 06/11/2026)0.02%

1. 6.54% Maharashtra State Development Loans (09/02/2027)0.65%

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 ₹18,724 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
Nippon India Money Market Fund Growth421262.69 CR0.39
Aditya Birla Sun Life Money Manager Fund Growth428078.27 CR0.37
Aditya Birla Sun Life Money Manager Fund - Retail Plan Growth028078.27 CR0.27
Tata Money Market Fund - Growth533029.98 CR0.4
Axis Money Market Fund Growth418724.05 CR0.34
Fund Name1Y3Y
This FundNippon India Money Market Fund Growth6.038323.3083
This FundAditya Birla Sun Life Money Manager Fund Growth6.063223.3096
This FundAditya Birla Sun Life Money Manager Fund - Retail Plan Growth6.063223.311
This FundTata Money Market Fund - Growth6.095423.3169
This FundAxis Money Market Fund Growth6.099523.3248

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 0.34. 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 : 0.74%
  • 6 Months : 3.02%
  • 1 Year : 6.10%
  • 3 Years : 7.24%
Returns of Axis Money Market Fund Growth are updated daily based on NAV of ₹ 1520.0705 as on Jun 22,2026. Since inception, the return has been 23.32%.

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 ₹18,724 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.