Key metrics
Further reading: Median maximum drawdown by fund category, measured across 1,767 funds
Trailing returns
| Period | 1W | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
|---|---|---|---|---|---|---|---|---|---|
| Return | -0.03% | 0.29% | 1.54% | 3.13% | 6.42% | 7.38% | 6.78% | 6.38% | – |
NAV history
About this fund
Axis Money Market Fund is a liquid/money-market debt fund offered by Axis Mutual Fund, classified under Debt as Debt Scheme - Money Market Fund. These funds are generally among the lowest-volatility fund types. Its latest NAV is ₹1,569.97, with assets under management of about ₹19,506 Cr (April - June 2026).
Further reading: What a category rank actually tells you
Performance analysis
Over the trailing one year, Axis Money Market Fund has recorded a return of about 6.4%, with a three-year return of 7.4% and a five-year return of 6.8%. Its annualised volatility is 0.6% — relatively low fluctuations — and its Sharpe ratio is -0.13, a measure of return per unit of risk taken. The direct-plan base expense ratio is 0.13%, deducted daily from the NAV.
Further reading: Reading a fund page: what each number does and doesn't say
Rolling returns
| Window | Avg | Median | Min | Max | % Pos | % >12 |
|---|---|---|---|---|---|---|
| 1Y | 6.35 | 6.77 | 3.65 | 8.57 | 100% | 0% |
| 3Y | 6.38 | 6.37 | 4.99 | 7.78 | 100% | 0% |
| 5Y | 6.33 | 6.28 | 6.06 | 6.81 | 100% | 0% |
| 7Y | 6.44 | 6.44 | 6.38 | 6.46 | 100% | 0% |
Further reading: Why a single trailing return misleads, measured across 830 funds
Frequently asked questions
Compare with peers
Further reading: Every fund measured against the best performer in its own category
| Fund | 1M | 3M | 6M | 1Y | 3Y | 5Y | 10Y | TER % |
|---|---|---|---|---|---|---|---|---|
| PGIM India Money Market Fund Debt Scheme - Money Market Fund | 0.27 | 1.46 | 3.01 | 6.16 | 7.11 | 6.62 | – | 0.14 |
| Mirae Asset Money Market Fund Debt Scheme - Money Market Fund | 0.26 | 1.50 | 3.08 | 6.26 | 7.32 | 6.62 | – | 0.09 |
| Union Money Market Fund Debt Scheme - Money Market Fund | 0.23 | 1.47 | 3.14 | 6.56 | 7.14 | 6.49 | – | 0.14 |
| LIC MF Money Market Fund Debt Scheme - Money Market Fund | 0.29 | 1.52 | 3.20 | 6.46 | 6.74 | – | – | 0.14 |
| TRUSTMF Money Market Fund Debt Scheme - Money Market Fund | 0.32 | 1.53 | 3.14 | 6.32 | 7.11 | – | – | 0.14 |
| HSBC Money Market Fund Debt Scheme - Money Market Fund | 0.27 | 1.50 | 3.09 | 6.30 | 7.24 | – | – | 0.12 |
| Bajaj Finserv Money Market Fund Debt Scheme - Money Market Fund | 0.26 | 1.46 | 3.07 | 6.32 | 7.29 | – | – | 0.10 |
| Bank of India Money Market Fund Debt Scheme - Money Market Fund | 0.24 | 1.47 | 3.04 | 6.40 | – | – | – | 0.14 |
| Fund | 1M | 3M | 6M | 1Y | 3Y | 5Y | 10Y | TER % |
|---|---|---|---|---|---|---|---|---|
| Axis Credit Risk Fund Debt Scheme - Credit Risk Fund | -0.22 | 0.93 | 3.48 | 7.15 | 8.60 | 7.55 | 7.58 | 0.68 |
| Axis Arbitrage Fund Hybrid Scheme - Arbitrage Fund | 0.53 | 1.48 | 3.06 | 6.63 | 7.29 | 6.84 | 6.45 | 0.27 |
| Axis Equity Savings Fund Hybrid Scheme - Equity Savings Fund | -1.62 | -1.06 | 1.67 | 1.71 | 8.75 | 7.26 | 9.26 | 0.93 |
| AXIS Corporate Bond Fund Debt Scheme - Corporate Bond Fund | -0.43 | 0.16 | 2.08 | 4.25 | 7.47 | 6.64 | – | 0.30 |
| Axis Balanced Advantage Fund Hybrid Scheme - Balanced Advantage Fund | -2.34 | -2.86 | -2.01 | -2.17 | 10.64 | 8.82 | – | 0.71 |
| Axis Flexi Cap Fund Equity Scheme - Flexi Cap Fund | -6.79 | -3.44 | 0.58 | -2.83 | 11.92 | 7.19 | – | 0.67 |
| Axis Aggressive Hybrid Fund Hybrid Scheme - Aggressive Hybrid Fund | -3.15 | -3.11 | -1.73 | -3.95 | 8.64 | 5.68 | – | 0.93 |
| Axis Ultra Short Term Fund Debt Scheme - Ultra Short Duration Fund | 0.29 | 1.52 | 3.18 | 6.57 | 7.38 | 6.79 | – | – |