Axis Money Market Fund Direct Quarterly Reinvst of Inc Dis cum Cap Wdrl
Debt
Direct
Money Market
NAV: ₹ 1103.24 as on 15-04-2024
Fund Performance
About the Axis Money Market Fund Direct Quarterly Reinvst of Inc Dis cum Cap Wdrl
Axis Money Market Fund Direct Quarterly Reinvst of Inc Dis cum Cap Wdrl is a debt fund. This fund was started on 6 August, 2019. The fund is managed by Aditya Pagaria, Devang Shah, Sachin Jain. This fund is suitable to keep your money safe.
Key Parameters
- Axis Money Market Fund Direct Quarterly Reinvst of Inc Dis cum Cap Wdrl has ₹7272 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 Quarterly Reinvst of Inc Dis cum Cap Wdrl Overview
 | 0.17% |
 Benchmark | CRISIL Liquid Fund TR INR |
 | ₹7272 Cr |
 | 6 August, 2019 |
 | ₹5000/₹1000 |
 | 0% |
 | No Lock-in |
 TurnOver | 398.35% |
Axis Money Market Fund Direct Quarterly Reinvst of Inc Dis cum Cap Wdrl Distribution as on (31-Dec-69)
Credit rating breakup
AAA
100%
Sector Allocation
Corporate
45.3%
Cash Equivalent
35.8%
Government
19%
Top Holdings of Axis Money Market Fund Direct Quarterly Reinvst of Inc Dis cum Cap Wdrl as on (31-Mar-24)
Debt Holdings61
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 Union Bank of India | 4.51% | 0% | |
Punjab National Bank | 4.2% | 0% | |
Export-Import Bank of India | 3.53% | -8.3% | |
Canara Bank | 3.24% | 0% | |
Small Industries Development Bank Of India | 3.23% | 0% |
See all
Axis Money Market Fund Direct Quarterly 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 7.3K Cr as of Mar'24
- AUM decreased by 765.5 Cr between Mar'24 and Feb'24
Fund Portfolio Changes
Peer Analysis
Axis Money Market Fund Direct Quarterly Reinvst of Inc Dis cum Cap Wdrl Fund Manager
Aditya Pagaria
Fund Manager of Axis Money Market Fund Direct Quarterly Reinvst of Inc Dis cum Cap Wdrl, since 6 August 2019
Top funds managed
Devang Shah
Fund Manager of Axis Money Market Fund Direct Quarterly Reinvst of Inc Dis cum Cap Wdrl, since 6 August 2019
Top funds managed
Sachin Jain
Fund Manager of Axis Money Market Fund Direct Quarterly Reinvst of Inc Dis cum Cap Wdrl, since 9 November 2021
Top funds managed
Axis Money Market Fund Direct Quarterly Reinvst of Inc Dis cum Cap Wdrl 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 6.1% since inception which is more than its category average return of 4.97%
AUM size ₹7272 Cr
This fund has AUM of ₹7272 Cr which is more than its category average of ₹ 5667 Cr
Expense Ratio 0.17%
This fund has an expense ratio of 0.17% which is less than its category average expense ratio of 0.34%
Frequently Asked Questions
The current NAV of Axis Money Market Fund Direct Quarterly Reinvst of Inc Dis cum Cap Wdrl is ₹1103.24 as on 15-Apr-2024.
Existing (Absolute + CAGR) as on 15-Apr-2024.
Axis Money Market Fund Direct Quarterly Reinvst of Inc Dis cum Cap Wdrl | Absolute Returns | CAGR Returns |
1 Month Returns | 0.8% | 0.8% |
6 Month Returns | 3.98% | 3.98% |
1 Year Returns | 7.76% | 7.76% |
3 Years Returns | 19.92% | 6.24% |
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 March 2024
₹7272 Cr as on March 2024
Union Bank of India(4.51%), Punjab National Bank(4.2%), Export-Import Bank of India(3.53%), Canara Bank(3.24%), Small Industries Development Bank Of India(3.23%) as on March 2024
Corporate(45.25%), Cash Equivalent(35.78%), Government(18.96%) as on March 2024
Yield to Maturity is 7.78 as on March 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 0.7 as on March 2024. Modified Duration tells the sensitivity of the price of a bond to a change in interest rate.
AAA | 100 |
Aditya Pagaria, Devang Shah, Sachin Jain are the fund managers of Axis Money Market Fund Direct Quarterly Reinvst of Inc Dis cum Cap Wdrl
The Exit load of Axis Money Market Fund Direct Quarterly Reinvst of Inc Dis cum Cap Wdrl is 0%