Data shown is for informational purposes only and does not constitute investment advice. TopFund is not SEBI-registered. Consult a SEBI-registered advisor before investing.
Axis Money Market Fund - Direct Plan - Growth Option
Axis Mutual Fund · Income/Debt Oriented · Money Market Fund
₹1,565.75
AUM: —
NAV updated 4 days ago
Plan
Direct
Option
Growth
Risk
Low to Moderate
Sharpe Ratio
0.56
Std Dev (1Y)
0.5%
Historical Returns (CAGR)
Annualized trailing returns computed from NAV history — past performance only, not a guarantee of future results.
1m
+0.61%
3m
+1.82%
6m
+3.77%
1y
+6.63%
3y
+7.46%
5y
+6.77%
10y
—
since inception
+6.46%
TopFund's Take on Axis Money Market Fund - Direct Plan - Growth Option
Axis Money Market Fund - Direct Plan - Growth Option is a Money Market Fund fund from Axis Mutual Fund.
Cost: Expense ratio data for this fund isn't available yet.
Risk-adjusted performance: Over the trailing 1-year period, the fund shows a moderate Sharpe ratio of 0.56 — decent risk-adjusted performance, without being exceptional. Separately, annualised volatility of 0.5% is on the lower side for a Money Market Fund fund, suggesting a comparatively smoother ride.
Who should invest: This fund is best suited to conservative investors prioritising capital stability and predictable income over high growth.
This is an automated, data-driven analysis based on the fund's own metrics and its category peers — not personalized investment advice. Consult a SEBI-registered advisor before investing.
Sector Allocation
Sector allocation not available yet.
Asset Allocation
Asset allocation not available yet.
Fund Snapshot
Similar Funds
No similar funds found.
Tools & Guides for This Fund
Frequently Asked Questions about Axis Money Market Fund - Direct Plan - Growth Option
The current NAV (Net Asset Value) of Axis Money Market Fund - Direct Plan - Growth Option is ₹1565.75. NAV is updated every business day after market close by AMFI.
1Y: 6.63% · 3Y CAGR: 7.46% · 5Y CAGR: 6.77%
Expense ratio data for Axis Money Market Fund - Direct Plan - Growth Option is not yet available.
Axis Money Market Fund - Direct Plan - Growth Option is managed by Axis Mutual Fund.
Axis Money Market Fund - Direct Plan - Growth Option is classified as a Low to Moderate risk fund. It is suitable for investors with a moderate risk appetite.
Axis Money Market Fund - Direct Plan - Growth Option is a Money Market Fund fund. SIP suitability depends on your investment goal and risk profile.
You can start a SIP in Axis Money Market Fund - Direct Plan - Growth Option with as little as ₹500 per month through most mutual fund platforms. The minimum lump sum investment is typically ₹1,000.
* Past performance is not indicative of future results. Mutual fund investments are subject to market risks.
Discussion
User-generated content — not investment advice, and not verified or endorsed by TopFund.
No comments yet — start the discussion.