Axis Money Market Fund Datagrid
Category Money Market Fund
BMSMONEY Rank 2
Rating
Growth Option 16-04-2026
NAV ₹1505.57(R) +0.03% ₹1521.39(D) +0.03%
Returns 1Y 3Y 5Y 7Y 10Y
Lumpsum Regular 6.64% 7.37% 6.36% -% -%
Direct 6.82% 7.55% 6.53% -% -%
Benchmark
SIP (XIRR) Regular 6.5% 5.21% 4.05% -% -%
Direct 6.68% 5.38% 4.22% -% -%
Ratio Sharpe Ratio Sortino Ratio Sterling Ratio Jensen's Alpha Treynor Ratio
3.61 3.26 0.73 1.33% -3.21
Risk STD. Dev VaR 1Y95% Max DD Beta Semi Devi.
0.39% 0.0% 0.0% 0.14 0.26%
Fund AUM As on: 30/12/2025 22508 Cr
Top Money Market Fund
Fund Name Rank Rating
Uti Money Market Fund 1
Axis Money Market Fund 2
Tata Money Market Fund 3
Kotak Money Market Fund 4
Franklin India Money Market Fund 5

NAV Date: 16-04-2026

Scheme Name NAV Rupee Change Percent Change
Axis Money Market Fund - Direct Plan - Daily IDCW 1005.61
0.0000
0.0000%
Axis Money Market Fund - Regular Plan - Daily IDCW 1005.61
0.0000
0.0000%
Axis Money Market Fund - Regular Plan - Monthly IDCW 1013.53
0.3000
0.0300%
Axis Money Market Fund - Direct Plan - Monthly IDCW 1016.51
0.3100
0.0300%
Axis Money Market Fund - Regular Plan - Quarterly IDCW 1174.2
0.3500
0.0300%
Axis Money Market Fund - Direct Plan - Quarterly IDCW 1189.25
0.3600
0.0300%
Axis Money Market Fund - Regular Plan - Annual IDCW 1273.61
0.3800
0.0300%
Axis Money Market Fund - Direct Plan - Annual IDCW 1288.6
0.3900
0.0300%
Axis Money Market Fund - Regular Plan - Growth Option 1505.57
0.4500
0.0300%
Axis Money Market Fund - Direct Plan - Growth Option 1521.39
0.4600
0.0300%

Review Date: 16-04-2026

Beginning of Analysis

Axis Money Market Fund is the 4th ranked fund in the Money Market Fund category. The category has total 20 funds. The Axis Money Market Fund has shown an excellent past performence in Money Market Fund. The fund has a Jensen Alpha of 1.33% which is higher than the category average of 1.02%. Here the fund has shown very good performance in terms of risk adjusted returns. The fund has a Sharpe Ratio of 3.61 which is higher than the category average of 2.93.
The past performance of the fund may or may not be sustained in the future. The review is not investment advice nor is it a recommendation to buy or sell funds. The ranking is based on proprietary methodology developed by bmsmoney. The methodology is based on the past performance of the funds and does not guarantee future performance.
Money Market Mutual Funds are ideal for investors seeking a safe, liquid, and low-risk investment option for short-term cash management. These funds invest in high-quality, short-term money market instruments with a maturity of up to 1 year, offering quick redemption (within 1 business day) and stable returns. While they provide better returns than savings accounts, they may underperform compared to other debt funds with longer maturities. Investors should consider their liquidity needs, risk tolerance, and investment horizon before investing in Money Market Funds. Additionally, the absence of a lock-in period makes them a flexible choice for managing short-term financial goals.

Axis Money Market Fund Return Analysis

  • The fund has given a return of 0.87%, 1.77 and 3.19 in last one, three and six months respectively. In the same period the category average return was 0.86%, 1.74% and 3.15% respectively.
  • Axis Money Market Fund has given a return of 6.82% in last one year. In the same period the Money Market Fund category average return was 6.73%.
  • The fund has given a return of 7.55% in last three years and ranked 2.0nd out of twenty one funds in the category. In the same period the Money Market Fund category average return was 7.38%.
  • The fund has given a return of 6.53% in last five years and ranked 3rd out of sixteen funds in the category. In the same period the Money Market Fund category average return was 6.41%.
  • The fund has given a SIP return of 6.68% in last one year whereas category average SIP return is 6.6%. The fund one year return rank in the category is 5th in 23 funds
  • The fund has SIP return of 5.38% in last three years and ranks 2nd in 21 funds. Tata Money Market Fund has given the highest SIP return (5.45%) in the category in last three years.
  • The fund has SIP return of 4.22% in last five years whereas category average SIP return is 4.11%.

Axis Money Market Fund Risk Analysis

  • The fund has a standard deviation of 0.39 and semi deviation of 0.26. The category average standard deviation is 0.37 and semi deviation is 0.25.
  • The fund has a beta of 0.14 which shows that fund is less volatile than the benchmark.

Standard deviation measures the fund's return volatility and Semi deviation focuses on downside volatility. Value at Risk (VaR) is a measure of the risk of investments. Maximum Drawdown is the maximum loss from a peak to a trough of a portfolio. Beta measures the volatility of the fund compared to the benchmark. A beta of 1 indicates that the fund will move in line with the benchmark. A beta of more than 1 indicates that the fund will be more volatile than the benchmark and vice versa.


  • Very Good Performance in Money Market Fund Category
  • Good Performance in Money Market Fund Category
  • Poor Performance in Money Market Fund Category
  • Very Poor Performance in Money Market Fund Category

    • Investors beware: Mutual Fund investments are subject to market risks. Please read the scheme related documents carefully.

    Data Source: www.amfiindia.com

    SEBI Categorization


    KPIs* Fund Benchmark Cat. Avg Min | Max Rank (In Cat.) Performance
    1M Return % 0.86
    0.83
    		0.54 | 0.93 8 | 25 Good
    3M Return % 1.73
    1.66
    		1.30 | 1.76 6 | 24 Very Good
    6M Return % 3.10
    2.99
    		2.57 | 3.11 2 | 23 Very Good
    1Y Return % 6.64
    6.39
    		5.54 | 6.64 1 | 23 Very Good
    3Y Return % 7.37
    7.05
    		6.26 | 7.40 2 | 21 Very Good
    5Y Return % 6.36
    6.08
    		5.18 | 6.41 5 | 16 Good
    1Y SIP Return % 6.50
    6.26
    		5.38 | 6.50 1 | 23 Very Good
    3Y SIP Return % 5.21
    4.93
    		4.13 | 5.22 2 | 21 Very Good
    5Y SIP Return % 4.05
    3.80
    		2.94 | 4.08 4 | 16 Very Good
    Standard Deviation 0.39
    0.37
    		0.29 | 0.41 17 | 21 Average
    Semi Deviation 0.26
    0.25
    		0.17 | 0.29 12 | 21 Good
    Sharpe Ratio 3.61
    2.93
    		0.95 | 3.69 3 | 21 Very Good
    Sterling Ratio 0.73
    0.70
    		0.62 | 0.73 2 | 21 Very Good
    Sortino Ratio 3.26
    2.33
    		0.49 | 3.31 2 | 21 Very Good
    Jensen Alpha % 1.33
    1.02
    		0.23 | 1.34 2 | 21 Very Good
    Treynor Ratio -3.21
    -3.56
    		-6.17 | -2.87 11 | 21 Good
    Modigliani Square Measure % 8.84
    8.31
    		6.71 | 8.90 3 | 21 Very Good
    Alpha % -0.65
    -0.92
    		-1.68 | -0.56 7 | 21 Good
    Return data last Updated On : April 16, 2026.
    Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : March 30, 2026
    KPIs: Key Performance Indicators

    Rotate the phone! Best viewed in landscape mode on mobile.
    KPIs* Fund Benchmark Cat. Avg Min | Max Rank (In Cat.) Performance
    1M Return % 0.87 0.86 0.59 | 0.97 11 | 26 Good
    3M Return % 1.77 1.74 1.44 | 1.89 10 | 25 Good
    6M Return % 3.19 3.15 3.06 | 3.29 5 | 24 Very Good
    1Y Return % 6.82 6.73 6.55 | 6.86 4 | 23 Very Good
    3Y Return % 7.55 7.38 6.77 | 7.63 2 | 21 Very Good
    5Y Return % 6.53 6.41 6.16 | 6.64 3 | 16 Very Good
    1Y SIP Return % 6.68 6.60 6.43 | 6.83 5 | 23 Very Good
    3Y SIP Return % 5.38 5.24 4.76 | 5.45 2 | 21 Very Good
    5Y SIP Return % 4.22 4.11 3.96 | 4.30 2 | 16 Very Good
    Standard Deviation 0.39 0.37 0.29 | 0.41 17 | 21 Average
    Semi Deviation 0.26 0.25 0.17 | 0.29 12 | 21 Good
    Sharpe Ratio 3.61 2.93 0.95 | 3.69 3 | 21 Very Good
    Sterling Ratio 0.73 0.70 0.62 | 0.73 2 | 21 Very Good
    Sortino Ratio 3.26 2.33 0.49 | 3.31 2 | 21 Very Good
    Jensen Alpha % 1.33 1.02 0.23 | 1.34 2 | 21 Very Good
    Treynor Ratio -3.21 -3.56 -6.17 | -2.87 11 | 21 Good
    Modigliani Square Measure % 8.84 8.31 6.71 | 8.90 3 | 21 Very Good
    Alpha % -0.65 -0.92 -1.68 | -0.56 7 | 21 Good
    Return data last Updated On : April 16, 2026.
    Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : March 30, 2026
    KPIs: Key Performance Indicators

    Disclaimer: Past performance may or may not be sustained in future and should not be used as a basis for comparison with other investments. Returns for periods above 1 year are annualised.


    Date Axis Money Market Fund NAV Regular Growth Axis Money Market Fund NAV Direct Growth
    16-04-2026 1505.5675 1521.3857
    15-04-2026 1505.1178 1520.9244
    13-04-2026 1503.9958 1519.7768
    10-04-2026 1503.1318 1518.8832
    09-04-2026 1502.2625 1517.9979
    08-04-2026 1500.5758 1516.2867
    07-04-2026 1498.3157 1513.996
    06-04-2026 1497.6095 1513.2757
    02-04-2026 1496.9138 1512.5456
    30-03-2026 1496.3158 1511.9206
    27-03-2026 1494.733 1510.2964
    25-03-2026 1493.7377 1509.2767
    24-03-2026 1493.3525 1508.8804
    23-03-2026 1493.699 1509.2235
    20-03-2026 1494.5235 1510.0355
    18-03-2026 1494.5784 1510.0769
    17-03-2026 1493.4396 1508.9192
    16-03-2026 1492.7777 1508.2435

    Fund Launch Date: 26/Jul/2019
    Fund Category: Money Market Fund
    Investment Objective: To generate regular income through investment in a portfolio comprising of money market instruments.However, there can be no assurance that the investment objective of the Scheme will be achieved.
    Fund Description: An open ended debt scheme investing in money market instruments
    Fund Benchmark: NIFTY Money Market Index
    Source: Fund FactSheet

    Disclaimer: NO INVESTMENT ADVICE. The Content is for informational purposes only.