Should I invest in Axis Money Market Fund - Annual IDCW?

We don't give personal investment advice. Axis Money Market Fund - Regular Plan - Annual IDCW is suitable for an investor whose:time horizon matches the fund's modified duration — short-duration funds for 1-3 year goals, long-duration for 7+ yearsprimary goal is capital preservation or steady accrual, not high growthtax slab is moderate — high-slab investors should evaluate post-tax yield against tax-free alternatives (PPF, tax-free bonds)Cross-check the numbers above against alternatives before deciding. Worst 5-year drawdown: 3.5%. 5-year CAGR: 2.82%.

Axis

Axis Money Market Fund - Regular Plan - Annual IDCW

Latest NAV

₹1,277.7942

As of

3 Jun 2026

1,656 NAV records on file

NAV history & peer comparison

All NAVs split-adjusted and normalised to 100 at the start of the selected period, so funds with very different absolute NAV scales can be compared on one axis.

Period

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Returns matrix

Fund return alongside the category average and peer rank for every standard window. Returns under one year are absolute; one year and longer are compound annualised (CAGR).

Window	Fund	Category avg	+/− vs avg	Rank	Quartile
1D	+0.03%	+0.01%	+0.02	4 / 46	Q1
1W	+0.24%	+0.15%	+0.09	4 / 46	Q1
2W	+0.15%	+0.08%	+0.07	10 / 44	Q1
1M	+0.21%	+0.00%	+0.21	6 / 44	Q1
3M	-1.87%	+0.33%	-2.21	44 / 44	Q4
6M	-0.51%	+0.55%	-1.05	36 / 42	Q4
YTD	-0.97%	+0.49%	-1.46	39 / 42	Q4
1Y	+2.64%	+1.47%	+1.17	14 / 42	Q2
2Y	+3.65%	+2.26%	+1.40	14 / 39	Q2
3Y	+3.74%	+2.45%	+1.29	14 / 39	Q2
4Y	+3.54%	+2.35%	+1.20	10 / 32	Q2
5Y	+2.82%	+1.79%	+1.03	8 / 30	Q2
7Y	—	—	—	—	—
10Y	—	—	—	—	—
Inception	+3.63%	+1.81%	+1.82	8 / 46	Q1

Quartile legend: Q1 top 25% Q2 25-50% Q3 50-75% Q4 bottom 25%

Calendar-year returns

Full-year performance vs category average. Current year is partial (year-to-date).

Year	Fund	Category avg	+/− vs avg	Rank
2026 YTD	-0.97%	+0.43%	-1.40	35 / 38
2025	+4.00%	+2.33%	+1.67	12 / 36
2024	+4.14%	+2.60%	+1.54	14 / 39
2023	+3.65%	+2.54%	+1.11	13 / 35
2022	+1.13%	+1.53%	-0.40	12 / 30
2021	+3.73%	+0.99%	+2.74	4 / 29
2020	+6.19%	+1.58%	+4.61	3 / 27
2019	—	—	—	—

Rolling returns

Removes start-date bias by averaging CAGR over every overlapping N-year window in the fund's history. Higher average plus tight min/max plus high "% positive" = consistent.

1-Year rolling

+3.66%

72 windows

min -0.1% · max 7.4%

99% positive

3-Year rolling

+3.24%

47 windows

min 2.1% · max 4.0%

100% positive

Limited basis — fund is young, so this average may be skewed by which 3Y windows happen to be available.

5-Year rolling

+3.38%

23 windows

min 2.8% · max 3.8%

100% positive

Limited basis — fund is young, so this average may be skewed by which 5Y windows happen to be available.

7-Year rolling

—

Insufficient history

SIP returns — historical "what if"

If you had invested every month in this fund over the chosen period, this is what your investment would be worth today.

Period

Total invested

₹ —

Today's value

₹ —

XIRR

Annualised

Wealth multiplier

Period	Total invested	Today's value	XIRR	Wealth multiplier

XIRR is the annualised internal rate of return on the SIP cash flow — invariant to the monthly amount. "Today's value" and "Total invested" scale linearly with the slider. Past performance does not guarantee future returns. Excludes exit load and taxes.

Risk profile

Risk-adjusted return and volatility, computed from monthly NAV returns over the trailing 3-year and 5-year windows.

Std deviation

2.94%

3-year · annualised

Sharpe ratio

-0.94

vs risk-free 6.5%

Sortino ratio

-1.11

Downside-only deviation

Max drawdown

-3.29%

Mar 2024 → Mar 2024

% positive months

91.7%

Share of monthly returns > 0 over the 3-year window

Sharpe / Sortino use a risk-free rate of 6.5% (1-year T-bill proxy). Higher Sharpe = more return per unit of total risk; higher Sortino = more return per unit of downside risk.

Peers in Money Market Fund

Scheme	Fund house	NAV	As of
SBI Savings Fund - Regular Plan Daily Income Distribution cum Capital Withdrawal Option (IDCW)	SBI	₹14.2035	3 Jun 2026
Invesco India Money Market Fund - Regular - Monthly IDCW (Payout / Reinvestment)	Invesco	₹1,495.7975	3 Jun 2026
Bandhan Money Market Fund - Regular Plan - Periodic IDCW	Bandhan	₹13.9471	3 Jun 2026
Mirae Asset Money Market Fund Regular IDCW	Mirae Asset	₹1,326.1951	3 Jun 2026
Edelweiss Money Market Fund - Regular Plan - Annual - IDCW Option	Edelweiss	₹29.6239	3 Jun 2026
DSP Savings Fund - Regular Plan - IDCW - Daily	DSP	₹10.1021	3 Jun 2026
HSBC Money Market Fund - Regular Daily IDCW	HSBC	₹10.8591	3 Jun 2026
Baroda BNP Paribas Money Market Fund - Regular Plan - Monthly IDCW	Baroda BNP Paribas	₹1,009.5700	3 Jun 2026
UTI MMF - Regular Plan - Flexi Dividend Option	UTI	₹1,259.4309	3 Jun 2026
PGIM India Money Market Fund - Regular Plan - Daily Dividend Option	PGIM India	₹1,009.0935	3 Jun 2026

Recent NAVs

Date	NAV
3 Jun 2026	₹1,277.7942
2 Jun 2026	₹1,277.5881
1 Jun 2026	₹1,277.1653
31 May 2026	₹1,276.5074
29 May 2026	₹1,276.0154
27 May 2026	₹1,275.0661
26 May 2026	₹1,274.5221
25 May 2026	₹1,274.7042
22 May 2026	₹1,274.2146
21 May 2026	₹1,274.3134

Frequently asked questions

These answers are generated from this fund's live metrics — NAV, returns, peer rank, drawdown, SIP backtest. Numbers refresh nightly after AMFI's NAV feed lands.

As of 03 Jun 2026, the NAV of Axis Money Market Fund - Regular Plan - Annual IDCW is ₹1,277.7942. It's a Money Market Fund from Axis, run as a Regular plan IDCW (dividend) option. NAVs update once per business day from the AMFI feed.

Axis Money Market Fund - Regular Plan - Annual IDCW has NAV history starting from 07 Aug 2019, a track record of about 6 years 9 months. That's enough history to evaluate the fund across one or two market cycles. Look at rolling returns rather than point-to-point to judge consistency.

Axis Money Market Fund - Regular Plan - Annual IDCW is managed by Axis. It's classified by AMFI under the 'Money Market Fund' SEBI category, which determines its peer set and tax treatment.

Over the trailing 1-year window, Axis Money Market Fund - Regular Plan - Annual IDCW has delivered a absolute return of 2.64% — +1.17 pp ahead of the Money Market Fund category average of 1.47%. The fund ranks #14 of 42 in its category — the second (Q2) quartile.

Over the trailing 3-year window, Axis Money Market Fund - Regular Plan - Annual IDCW has delivered a CAGR of 3.74% — +1.29 pp ahead of the Money Market Fund category average of 2.45%. The fund ranks #14 of 39 in its category — the second (Q2) quartile.

Over the trailing 5-year window, Axis Money Market Fund - Regular Plan - Annual IDCW has delivered a CAGR of 2.82% — +1.03 pp ahead of the Money Market Fund category average of 1.79%. The fund ranks #8 of 30 in its category — the second (Q2) quartile.

₹1 lakh invested in Axis Money Market Fund - Regular Plan - Annual IDCW exactly 5 years ago would be worth approximately ₹114,936 today — a multiplier of 1.15×, based on the 5-year CAGR of 2.82%. The category average over the same window would have grown ₹1 lakh to ₹109,270.

A ₹10,000 monthly SIP in Axis Money Market Fund - Regular Plan - Annual IDCW over the last 5 years — total invested ₹600,000 — would be worth ₹647,831 today. That's an XIRR (money-weighted annualised return) of 3.03%.

Axis Money Market Fund - Regular Plan - Annual IDCW doesn't yet have 10 years of NAVs. Over the longest available window (5-year SIP), ₹10,000/month would have grown to ₹647,831 — XIRR 3.03%.

On a 5-year basis, Axis Money Market Fund - Regular Plan - Annual IDCW ranks #8 out of 30 funds in the Money Market Fund category — that places it in the second quartile (Q2) — above the median. The category average return over the same window is 1.79%; this fund delivered 2.82%.

The worst peak-to-trough decline Axis Money Market Fund - Regular Plan - Annual IDCW has experienced over the last 5-year window is 3.45% — its NAV fell from a high on 25 Mar 2022 to a low on 28 Mar 2022. Drawdown is a useful gauge of how much short-term pain you'd have endured to capture the long-term return.

Across all 5-year rolling windows, Axis Money Market Fund - Regular Plan - Annual IDCW averaged 3.38% (best 3.79%, worst 2.77%). 100% of rolling windows ended positive. The 5-year Sharpe ratio is -1.20 — negative risk-adjusted performance.

In calendar year 2025, Axis Money Market Fund - Regular Plan - Annual IDCW returned 4.00% — beating the Money Market Fund category average of 2.33% by 1.67 pp. It ranked #12 of 36 in its category that year.

Axis Money Market Fund - Regular Plan - Annual IDCW is classified as a Debt fund. For units acquired on or after 1 April 2023, all gains are taxed at your income-tax slab rate regardless of holding period — there's no LTCG concession or indexation. For pre-April-2023 units, the old rules with indexation still apply on long-term gains.

We don't give personal investment advice. Axis Money Market Fund - Regular Plan - Annual IDCW is suitable for an investor whose:

time horizon matches the fund's modified duration — short-duration funds for 1-3 year goals, long-duration for 7+ years
primary goal is capital preservation or steady accrual, not high growth
tax slab is moderate — high-slab investors should evaluate post-tax yield against tax-free alternatives (PPF, tax-free bonds)

Cross-check the numbers above against alternatives before deciding. Worst 5-year drawdown: 3.5%. 5-year CAGR: 2.82%.

Educational content only — not investment advice. Tax rules summarised above reflect Budget 2024; consult a qualified adviser before transacting.