Sharpe ratio
-0.02Return earned for the risk taken.
Negative
Negative means the fund has not rewarded investors well for the risk taken recently.
+6.56%1Y Absolute Return
+0.00%1D
Loading NAV history…
Past performance is not an indicator of future returns.
Returns calculator comparison
Compare an illustrative investment outcome across return assumptions.
| Asset | Projected corpus | Total invested | Gain | Annual return |
|---|---|---|---|---|
| Axis Money Market Fund - Direct Plan - Growth OptionFund 5Y annualised return | ₹8,64,440 | ₹7,32,612 | ₹1,31,828 | +6.85% |
| EPFIllustrative annual assumption | ₹8,95,132 | ₹7,32,612 | ₹1,62,520 | +8.25% |
| Residential propertyIllustrative annual assumption | ₹8,67,662 | ₹7,32,612 | ₹1,35,050 | +7.00% |
| PPFIllustrative annual assumption | ₹8,69,819 | ₹7,32,612 | ₹1,37,207 | +7.10% |
| Bank fixed depositIllustrative annual assumption | ₹8,56,981 | ₹7,32,612 | ₹1,24,369 | +6.50% |
| GoldIllustrative annual assumption | ₹8,67,662 | ₹7,32,612 | ₹1,35,050 | +7.00% |
| Savings accountIllustrative annual assumption | ₹7,86,827 | ₹7,32,612 | ₹54,215 | +3.00% |
Illustration only. Fund results use the available NAV-derived annualised return and can be negative. Reference rows are assumptions, not current quoted rates or guaranteed returns; property excludes transaction costs, taxes, and liquidity constraints. Mutual fund investments are subject to market risk.
Wealth multiple
₹1 became₹1.06
₹1 Lakh since launch₹1.06 Lakh
Fund age7.3 yrs
Fund information
Scheme code147567
ISININF846K01Q62
BenchmarkNIFTY Money Market Index A-I
CategoryDebt Scheme - Money Market Fund
Expense ratio0.18%
Exit loadNil
Minimum SIP₹100 SIP
Return comparison
7th / 186 in category| Period | Fund | Benchmark | Category avg |
|---|---|---|---|
| 1M | +5.71% | — | — |
| 3M | +6.16% | — | — |
| 6M | +7.31% | — | — |
| 1Y | +6.56% | — | +2.65% |
| 3Y | +7.41% | — | +3.43% |
| 5Y | +6.85% | — | +3.19% |
| Since Launch | +6.45% | — | — |
Risk-adjusted performance
Every measure is expanded with a plain-language reading of the latest calculated value.
Sortino ratio
-0.04Return earned while limiting downside risk.
Negative
Negative means downside losses have outweighed the returns.
Standard deviation
0.52%How much the fund’s returns fluctuate over time.
Low volatility
Returns have been relatively stable.
Beta
—How closely the fund moves with the market.
Unavailable
This measure needs sufficient fund and benchmark history to calculate.
Alpha
—Extra return generated above the benchmark.
Unavailable
This measure needs sufficient fund and benchmark history to calculate.
Treynor ratio
—Return earned for each unit of market risk taken.
Unavailable
This measure needs sufficient fund and benchmark history to calculate.
Calmar ratio
5.45How well the fund rewarded investors relative to its biggest decline.
Excellent
Excellent balance between returns and drawdowns.
Information ratio
—How consistently the fund outperformed its benchmark.
Unavailable
This measure needs sufficient fund and benchmark history to calculate.
Portfolio allocation
Latest disclosed portfolio mix
Asset allocation
Portfolio102%
Debt101.66%
Market cap allocation
Market-cap classifications were not present in the latest portfolio disclosure.
Sector allocation
Equity exposure by sector
Top holdings
10 of 116 disclosed positions
| Holding | Sector | Instrument type | Weight |
|---|---|---|---|
| BANK OF BARODA CD 02FEB27 | Financial | Certificate of Deposit | 3.7978% |
| NATIONAL BANK FOR AGRICULTURE AND RURAL DEVELOPMENT CD 28JAN27 | Financial | Certificate of Deposit | 3.4784% |
| SMALL INDUSTRIES DEVELOPMENT BANK OF INDIA CD 16DEC26 | Financial | Certificate of Deposit | 2.967% |
| CHOLAMANDALAM INVESTMENT AND FINANCE COMPANY LIMITED 184D CP 04NOV26 | Financial | Commercial Paper | 2.4425% |
| THE FEDERAL BANK LIMITED CD 17FEB27 | Financial | Certificate of Deposit | 2.399% |
| PUNJAB NATIONAL BANK CD 28JAN27 | Financial | Certificate of Deposit | 2.2753% |
| HDFC BANK LIMITED CD 12MAR27 | Financial | Certificate of Deposit | 2.2571% |
| PUNJAB & SIND BANK CD 26FEB27 | Financial | Certificate of Deposit | 2.1275% |
| PUNJAB & SIND BANK CD 12MAR27 | Financial | Certificate of Deposit | 2.1221% |
| PUNJAB NATIONAL BANK CD 05FEB27 | Financial | Certificate of Deposit | 2.0049% |
Fund management
SA
Sachin Jain
Since 2021 · Prior to joining Axis Asset Management Company Ltd., he has worked with Sundaram Mutual Fund, I- Cap, Sunidhi securities and Finance Ltd.
Mr. Jain is a B.Tech, AGMP (Management)
DE
Devang Shah
Since 2019 · Prior to joining Axis AMC he has worked with ICICI Prudential AMC, Deutsche Asset Management (India) Pvt. Ltd. and Pricewaterhouse Coopers.
Mr. Shah is B.Com and ACA.
AD
Aditya Pagaria
Since 2019 · Prior to joining Axis AMC he was associated with ICICI Prudential AMC (Nov 2011-Jul 2016) as Fund Manager - Fixed Income Operations.
Mr. Pagaria is a Bachelor in Management Studies and holds a Post Graduate Diploma in Business Management from Institute Of Technology And Management, SK Somaiya College.
Compare similar funds
No comparable category funds are available yet.
Summary
A moderate-risk debt scheme - money market fund. Same fund manager for 7+ years — the strategy has not chopped and changed. Worst fall of -1.19% is larger than this category should typically see.
Strengths
- Same fund manager for 7+ years — the strategy has not chopped and changed.
- Ranks 7 of 186 in its category over 1 year.
Weaknesses
- Worst fall of -1.19% is larger than this category should typically see.
Ideal investor
- Suited for a few days to 3 months and emergency or idle cash.
Risk drivers
- None