Axis Money Market Fund Direct Annual Reinvst of Inc Dis cum Cap Wdrl
Debt
Direct
Money Market
NAV: ₹ 1175.7 as on 21-09-2023
Fund Performance
About the Fund
Axis Money Market Fund Direct Annual Reinvst of Inc Dis cum Cap Wdrl is a debt fund. This fund was started on 6 August, 2019. The fund is managed by Sachin Jain, Devang Shah, Aditya Pagaria. This fund is suitable to keep your money safe.
Key Parameters
- Axis Money Market Fund Direct Annual Reinvst of Inc Dis cum Cap Wdrl has ₹8320 Cr worth of assets under management (AUM) as on Dec 1969 and is more than category average.
- The fund has an expense ratio 0.2.
Axis Money Market Fund Direct Annual Reinvst of Inc Dis cum Cap Wdrl Overview
 | 0.17% |
 Benchmark | CRISIL Liquid Fund TR INR |
 | ₹8320 Cr |
 | 6 August, 2019 |
 | ₹5000/₹1000 |
 | 0% |
 | No Lock-in |
 TurnOver | 398.35% |
Fund Distribution as on (31-Dec-69)
Credit rating breakup
AAA
100%
Sector Allocation
Cash Equivalent
40.1%
Corporate
34.5%
Government
25.4%
Top Holdings of Axis Money Market Fund Direct Annual Reinvst of Inc Dis cum Cap Wdrl as on (31-Aug-23)
Debt Holdings85
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 08.35 SBI RT SB 2024 | 4.39% | 0% | |
Bajaj Housing Finance Limited | 3.37% | 0% | |
182 DTB 14122023 | 2.34% | 0% | |
Small Industries Development Bank Of India | 2.26% | 0% | |
National Bank For Agriculture And Rural Development | 2.03% | 250% |
See all
Axis Money Market Fund Direct Annual Reinvst of Inc Dis cum Cap Wdrl: Monthly Changes Updates
All changes are between Oct'69 and Dec'69
AUM Change
- AUM of the fund stands at 8.4K Cr as of Aug'23
- AUM increased by 1.2K Cr between Aug'23 and Jul'23
Fund Portfolio Changes
Peer Analysis
Axis Money Market Fund Direct Annual Reinvst of Inc Dis cum Cap Wdrl Fund Manager
Sachin Jain
Fund Manager of Axis Money Market Fund Direct Annual Reinvst of Inc Dis cum Cap Wdrl, since 9 November 2021
Top funds managed
Devang Shah
Fund Manager of Axis Money Market Fund Direct Annual Reinvst of Inc Dis cum Cap Wdrl, since 6 August 2019
Top funds managed
Aditya Pagaria
Fund Manager of Axis Money Market Fund Direct Annual Reinvst of Inc Dis cum Cap Wdrl, since 6 August 2019
Top funds managed
Fund Highlights
Low to Moderate Risk
Investors understand that their principal will be at Low to Moderate Risk
About the fund
This fund has delivered an average annual returns of 5.72% since inception which is more than its category average return of 4.84%
AUM size ₹8320 Cr
This fund has AUM of ₹8320 Cr which is more than its category average of ₹ 5733 Cr
Expense Ratio 0.17%
This fund has an expense ratio of 0.17% which is less than its category average expense ratio of 0.35%
Frequently Asked Questions
The current NAV of Axis Money Market Fund Direct Annual Reinvst of Inc Dis cum Cap Wdrl is ₹1175.7 as on 21-Sep-2023.
Existing (Absolute + CAGR) as on 21-Sep-2023.
Axis Money Market Fund Direct Annual Reinvst of Inc Dis cum Cap Wdrl | Absolute Returns | CAGR Returns |
1 Month Returns | 0.64% | 0.64% |
6 Month Returns | 3.8% | 3.8% |
1 Year Returns | 7.19% | 7.19% |
3 Years Returns | 16.1% | 5.1% |
5 Years Returns | 0% | 0% |
With INDmoney, the process of investing is very simple and involves zero commission.
- Click Buy on the fund name.
- Input the amount you are looking to invest.
- Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
- Select your bank account and proceed with Payment.
0.17% as on August 2023
₹8320 Cr as on August 2023
08.35 SBI RT SB 2024(4.39%), Bajaj Housing Finance Limited(3.37%), 182 DTB 14122023(2.34%), Small Industries Development Bank Of India(2.26%), National Bank For Agriculture And Rural Development(2.03%) as on August 2023
Cash Equivalent(41.27%), Corporate(31.79%), Government(26.94%) as on August 2023
Yield to Maturity is 7.32 as on August 2023. Yield to Maturity is the total return earned on your bond investments if you hold the bond investments till maturity & all bonds' proceeds are reinvested in it.
Modified Duration is 0.5 as on August 2023. Modified Duration tells the sensitivity of the price of a bond to a change in interest rate.
AAA | 100 |
Sachin Jain, Devang Shah, Aditya Pagaria are the fund managers of Axis Money Market Fund Direct Annual Reinvst of Inc Dis cum Cap Wdrl
The Exit load of Axis Money Market Fund Direct Annual Reinvst of Inc Dis cum Cap Wdrl is 0%