Axis Money Market Fund - Regular Plan - Growth has delivered CAGR and average rolling returns as follows :
1 Year | 3 Year | 5 Year | 9 Year | |
CAGR(%) | 7.58 | 5.67 | N/A | N/A |
Average Rolling Returns(%) | 5.78 | 5.23 | N/A | N/A |
The Current NAV of Axis Money Market Fund - Regular Plan - Growth is ₹1310.36.
It is better to invest in a fund with a longer track record as Axis Money Market Fund - Regular Plan - Growth cannot be assessed for consistency of out-performance. Funds returns are more likely to be different than its benchmark NIFTY 1 Year T-Bill Index returns, as Funds portfolio is significantly different.
Axis Money Market Fund - Regular Plan - Growth fund’s expense ratio is 0.35%
The process for redemption is
The AUM of Axis Money Market Fund - Regular Plan - Growth is currently ₹7,272 Crores.
The Top three stocks are , and and account for 0% of its portfolio. Top 5 and 10 stocks of fund account for 0% and 0% of fund’s portfolio respectively.
Top three sectors of Axis Money Market Fund - Regular Plan - Growth fund are Others, Miscellaneous and accounting for 112% of the total portfolio.
Since this is a Debt - Money Market Fund it is comparatively safer to invest in this fund. However, since it has not consistently outperformed its benchmark index on an average 3-year rolling returns basis it is not the most suitable fund for SIP.
The category of Axis Money Market Fund - Regular Plan - Growth Fund is Debt - Money Market Fund.
Devang Shah and Aditya Pagaria manage the Axis Money Market Fund - Regular Plan - Growth Fund.
Axis Money Market Fund - Regular Plan - Growth current PE ratio is and PB ratio is
The asset allocation of Axis Money Market Fund - Regular Plan - Growth is Stocks : 0%, Debt : 100% and Gold : 0.23%
The minimum SIP amount for Axis Money Market Fund - Regular Plan - Growth is ₹1000.00 and minimum lumpsum is ₹5000.00
The exit load for Axis Money Market Fund - Regular Plan - Growth is Nil