Axis Mutual Fund
Money Market · Direct · Growth
NAV as of 30 Oct 2026 · Source: AMFI
Axis Money Market Fund is a Money Market fund from Axis Mutual Fund, with NAVs going back to August 2019. This page covers its direct plan, growth option. It manages ₹19,763 crore, the 7th largest of 26 Money Market funds. Its expense ratio is 0.18% a year, higher than the median of 0.17% for Money Market funds.
Over the last three years it returned 7.37% a year, 2nd of 22 Money Market funds (median 7.27%). Over five years it returned 6.80% a year, 3rd of 19. It is 0.34 percentage points a year ahead of its benchmark, the NIFTY Money Market Index A-I, over three years, on AMFI's figures. Its biggest fall from a peak in the last three years was 0.1%, and AMFI's riskometer rates it Moderate.
Annualised (CAGR) for periods over a year, calculated from AMFI NAVs up to 30 Oct 2026. Past performance does not guarantee future returns. How we calculate returns
1 Year
+6.43%
3 Years
+7.37%
5 Years
+6.80%
Since launch (7 Aug 2019)
+6.44%
Fund and benchmark returns as published by AMFI for 29 Oct 2026, so both sides use the same date and method. They can differ slightly from the figures above.
| Period | This fund | Benchmark | Difference |
|---|---|---|---|
| 1 Year | +6.42% | +6.33% | +0.09 pts |
| 3 Years | +7.37% | +7.03% | +0.34 pts |
| 5 Years | +6.80% | +6.49% | +0.31 pts |
| Since launch | +6.45% | +5.85% | +0.60 pts |
Measured from this fund's own daily NAVs over the last three years.
Volatility (annualised)
0.4%
How much the NAV typically swings in a year. Higher means a bumpier ride.
Worst fall from a peak
-0.1%
The biggest drop from a high to a later low. A sense of what a bad stretch has looked like.
Daily NAV since 7 Aug 2019.
These come from the fund's monthly factsheet and Scheme Information Document (SID). We don't show them yet, because we can't keep them accurate. Check them on Axis Mutual Fund's website before you invest.
Funds next to Axis Money Market Fund, in the same category, ranked by 3-year return.
Franklin Templeton Mutual Fund
Money Market
+7.3% 3Y CAGR
Axis Money Market Fund - Direct Plan - Growth Option
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