Should I invest in Axis Money Market Fund?

We don't give personal investment advice. Axis Money Market Fund - Regular Plan - Growth Option 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: 0.2%. 5-year CAGR: 6.47%.

Axis

Axis Money Market Fund - Regular Plan - Growth Option

Latest NAV

₹1,528.3815

As of

17 Jul 2026

1,687 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	+0.05%	+0.05%	+0.00	5 / 15	Q2
1W	+0.08%	+0.07%	+0.00	6 / 15	Q2
2W	+0.08%	+0.07%	+0.01	5 / 15	Q2
1M	+0.65%	+0.62%	+0.03	3 / 15	Q1
3M	+1.52%	+1.45%	+0.07	3 / 15	Q1
6M	+3.27%	+3.09%	+0.18	2 / 15	Q1
YTD	+3.39%	+3.19%	+0.19	1 / 14	Q1
1Y	+6.16%	+5.84%	+0.31	1 / 13	Q1
2Y	+7.15%	+6.73%	+0.41	1 / 12	Q1
3Y	+7.25%	+6.79%	+0.46	1 / 12	Q1
4Y	+7.15%	+6.60%	+0.55	1 / 10	Q1
5Y	+6.47%	+5.93%	+0.55	1 / 8	Q1
7Y	+6.22%	+5.63%	+0.59	1 / 5	Q1
10Y	—	—	—	—	—
Inception	+6.27%	+5.84%	+0.43	6 / 15	Q2

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	+3.39%	+3.19%	+0.19	1 / 14
2025	+7.40%	+6.97%	+0.43	1 / 12
2024	+7.70%	+7.09%	+0.61	1 / 12
2023	+7.33%	+6.75%	+0.58	1 / 11
2022	+4.78%	+4.13%	+0.65	1 / 8
2021	+3.73%	+3.08%	+0.66	1 / 6
2020	+6.19%	+5.30%	+0.89	2 / 5
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

+6.18%

73 windows

min 3.5% · max 8.2%

100% positive

3-Year rolling

+6.13%

49 windows

min 4.8% · max 7.6%

100% positive

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

5-Year rolling

+6.12%

24 windows

min 5.9% · max 6.5%

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

0.55%

3-year · annualised

Sharpe ratio

0.97

vs risk-free 6.5%

Sortino ratio

—

Downside-only deviation

Max drawdown

-0.15%

May 2026 → May 2026

% positive months

100.0%

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
Invesco India Money Market Fund - Regular - Growth	Invesco	₹2,846.7898	17 Jul 2026
Mirae Asset Money Market Fund Regular Growth	Mirae Asset	₹1,341.6432	17 Jul 2026
Edelweiss Money Market Fund - Regular Plan - Growth Option	Edelweiss	₹30.2004	17 Jul 2026
HSBC Money Market Fund - Regular Growth	HSBC	₹28.1473	17 Jul 2026
Baroda BNP Paribas Money Market Fund-Regular Plan - Growth	Baroda BNP Paribas	₹1,470.6523	17 Jul 2026
PGIM India Money Market Fund - Regular Plan - Growth Option	PGIM India	₹1,412.6456	17 Jul 2026
Bajaj Finserv Money Market Fund-Regular Plan-Growth	Bajaj Finserv	₹1,219.3981	17 Jul 2026
Bank of India Money Market Fund - Regular - Growth	Bank of India	₹10.9854	17 Jul 2026
Groww Money Market Fund Regular Growth	Groww	₹10.3377	17 Jul 2026
LIC MF Money Market Fund-Regular Plan-Growth	LIC	₹1,268.8521	17 Jul 2026

Recent NAVs

Date	NAV
17 Jul 2026	₹1,528.3815
16 Jul 2026	₹1,527.5816
15 Jul 2026	₹1,526.9711
14 Jul 2026	₹1,526.7382
13 Jul 2026	₹1,527.5894
10 Jul 2026	₹1,527.1808
9 Jul 2026	₹1,526.9297
8 Jul 2026	₹1,525.9602
7 Jul 2026	₹1,526.7852
6 Jul 2026	₹1,527.7550

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 17 Jul 2026, the NAV of Axis Money Market Fund - Regular Plan - Growth Option is ₹1,528.3815. It's a Money Market Fund from Axis, run as a Regular plan Growth option. NAVs update once per business day from the AMFI feed.

Axis Money Market Fund - Regular Plan - Growth Option has NAV history starting from 07 Aug 2019, a track record of about 6 years 11 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 - Growth Option 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 - Growth Option has delivered a absolute return of 6.16% — +0.31 pp ahead of the Money Market Fund category average of 5.84%. The fund ranks #1 of 13 in its category — the top (Q1) quartile.

Over the trailing 3-year window, Axis Money Market Fund - Regular Plan - Growth Option has delivered a CAGR of 7.25% — +0.46 pp ahead of the Money Market Fund category average of 6.79%. The fund ranks #1 of 12 in its category — the top (Q1) quartile.

Over the trailing 5-year window, Axis Money Market Fund - Regular Plan - Growth Option has delivered a CAGR of 6.47% — +0.55 pp ahead of the Money Market Fund category average of 5.93%. The fund ranks #1 of 8 in its category — the top (Q1) quartile.

₹1 lakh invested in Axis Money Market Fund - Regular Plan - Growth Option exactly 5 years ago would be worth approximately ₹136,831 today — a multiplier of 1.37×, based on the 5-year CAGR of 6.47%. The category average over the same window would have grown ₹1 lakh to ₹133,351.

A ₹10,000 monthly SIP in Axis Money Market Fund - Regular Plan - Growth Option over the last 5 years — total invested ₹600,000 — would be worth ₹716,183 today. That's an XIRR (money-weighted annualised return) of 7.01%.

Axis Money Market Fund - Regular Plan - Growth Option doesn't yet have 10 years of NAVs. Over the longest available window (5-year SIP), ₹10,000/month would have grown to ₹716,183 — XIRR 7.01%.

On a 5-year basis, Axis Money Market Fund - Regular Plan - Growth Option ranks #1 out of 8 funds in the Money Market Fund category — that places it in the top quartile (Q1) — strong outperformance. The category average return over the same window is 5.93%; this fund delivered 6.47%.

The worst peak-to-trough decline Axis Money Market Fund - Regular Plan - Growth Option has experienced over the last 5-year window is 0.24% — its NAV fell from a high on 02 May 2022 to a low on 06 May 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 - Growth Option averaged 6.12% (best 6.47%, worst 5.92%). 100% of rolling windows ended positive. The 5-year Sharpe ratio is -0.33 — negative risk-adjusted performance.

In calendar year 2025, Axis Money Market Fund - Regular Plan - Growth Option returned 7.40% — beating the Money Market Fund category average of 6.97% by 0.43 pp. It ranked #1 of 12 in its category that year.

Axis Money Market Fund - Regular Plan - Growth Option 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 - Growth Option 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: 0.2%. 5-year CAGR: 6.47%.

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

Axis Money Market Fund - Regular Plan - Growth Option

NAV history & peer comparison

Returns matrix

Calendar-year returns

Rolling returns

SIP returns — historical "what if"

Risk profile

Peers in Money Market Fund

Recent NAVs

Frequently asked questions

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