Axis Money Market Fund Direct Quarterly Pyt of Inc Dis cum Cap Wdrl

Axis Money Market Fund Direct Quarterly Pyt of Inc Dis cum Cap Wdrl

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Debt
Direct
Money Market
NAV: ₹ 1098.9 as on 22-02-2024
Fund Performance

About the Axis Money Market Fund Direct Quarterly Pyt of Inc Dis cum Cap Wdrl

Axis Money Market Fund Direct Quarterly Pyt 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, Aditya Pagaria, Devang Shah. This fund is suitable to keep your money safe.

Key Parameters

  1. Axis Money Market Fund Direct Quarterly Pyt of Inc Dis cum Cap Wdrl has ₹7897 Cr worth of assets under management (AUM) as on Dec 1969 and is more than category average.
  2. The fund has an expense ratio 0.2.

Axis Money Market Fund Direct Quarterly Pyt of Inc Dis cum Cap Wdrl Overview

Expense ratio
Expense ratio
0.17%
Benchmark
Benchmark
CRISIL Liquid Fund TR INR
AUM
AUM
₹7897 Cr
Inception Date
Inception Date
6 August, 2019
Min Lumpsum/SIP
Min Lumpsum/SIP
₹5000/₹1000
Exit Load
Exit Load
0%
Lock In
Lock In
No Lock-in
TurnOver
TurnOver
398.35%

Axis Money Market Fund Direct Quarterly Pyt of Inc Dis cum Cap Wdrl Distribution as on (31-Dec-69)

  • Debt & Cash 99.8%

Credit rating breakup

AAA
100%
Sector Allocation

Jan'24

Dec'23

Nov'23

Cash Equivalent
55.7%
Corporate
25.6%
Government
18.7%

Top Holdings of Axis Money Market Fund Direct Quarterly Pyt of Inc Dis cum Cap Wdrl as on (31-Jan-24)

  • Debt & Cash

Debt Holdings80
Holdings
Weight%
1M Change
91 DTB 11042024
91 DTB 11042024
4.04%
0%
Bajaj Housing Finance Limited
Bajaj Housing Finance Limited
3.96%
100%
Canara Bank
Canara Bank
3.4%
100%
Canara Bank
Canara Bank
3.17%
100%
National Bank for Agriculture and Rural Development
National Bank for Agriculture and Rural Development
3.01%
0%

Axis Money Market Fund Direct Quarterly Pyt of Inc Dis cum Cap Wdrl: Monthly Changes Updates

All changes are between Oct'69 and Dec'69
AUM Change
Parameters
Jan'24
Dec'23
Nov'23
AUM
₹ 7.3K Cr
₹ 6.7K Cr
₹ 7.5K Cr
  • AUM of the fund stands at 7.3K Cr as of Jan'24
  • AUM increased by 679.2 Cr between Jan'24 and Dec'23
Fund Portfolio Changes

Axis Money Market Fund Direct Quarterly Pyt of Inc Dis cum Cap Wdrl Fund Manager

Sachin Jain
Sachin Jain
Fund Manager of Axis Money Market Fund Direct Quarterly Pyt of Inc Dis cum Cap Wdrl, since 9 November 2021
Aditya Pagaria
Aditya Pagaria
Fund Manager of Axis Money Market Fund Direct Quarterly Pyt of Inc Dis cum Cap Wdrl, since 6 August 2019
Devang Shah
Devang Shah
Fund Manager of Axis Money Market Fund Direct Quarterly Pyt of Inc Dis cum Cap Wdrl, since 6 August 2019

Axis Money Market Fund Direct Quarterly Pyt of Inc Dis cum Cap Wdrl Highlights

Risk meter
pointer

Low to Moderate Risk

Investors understand that their principal will be at Low to Moderate Risk
About the fund

About the fund

This fund has delivered an average annual returns of 5.99% since inception which is more than its category average return of 4.91%
AUM size ₹7897 Cr

AUM size ₹7897 Cr

This fund has AUM of ₹7897 Cr which is more than its category average of ₹ 5829 Cr
Expense Ratio 0.17%

Expense Ratio 0.17%

This fund has an expense ratio of 0.17% which is less than its category average expense ratio of 0.34%

Frequently Asked Questions

The current NAV of Axis Money Market Fund Direct Quarterly Pyt of Inc Dis cum Cap Wdrl is ₹1098.93 as on 22-Feb-2024.
Existing (Absolute + CAGR) as on 22-Feb-2024.
Axis Money Market Fund Direct Quarterly Pyt of Inc Dis cum Cap Wdrl
Absolute Returns
CAGR Returns
1 Month Returns
0.67%
0.67%
6 Month Returns
3.66%
3.66%
1 Year Returns
7.68%
7.68%
3 Years Returns
19.1%
6%
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 January 2024
₹7897 Cr as on January 2024
91 DTB 11042024(4.04%), Bajaj Housing Finance Limited(3.96%), Canara Bank(3.4%), Canara Bank(3.17%), National Bank for Agriculture and Rural Development(3.01%) as on January 2024
Cash Equivalent(55.71%), Corporate(25.61%), Government(18.68%) as on January 2024
Yield to Maturity is 7.77 as on January 2024. 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 0.36 as on January 2024. Modified Duration tells the sensitivity of the price of a bond to a change in interest rate.
AAA
100
Sachin Jain, Aditya Pagaria, Devang Shah are the fund managers of Axis Money Market Fund Direct Quarterly Pyt of Inc Dis cum Cap Wdrl
The Exit load of Axis Money Market Fund Direct Quarterly Pyt of Inc Dis cum Cap Wdrl is 0%