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: 6.32%.

Axis

Axis Money Market Fund - Regular Plan - Growth Option

Latest NAV

₹1,510.5137

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%	+0.03%	+0.01	2 / 15	Q1
1W	+0.24%	+0.22%	+0.02	2 / 15	Q1
2W	+0.15%	+0.15%	0.00	7 / 15	Q2
1M	+0.21%	+0.20%	+0.01	8 / 15	Q3
3M	+1.23%	+1.18%	+0.05	6 / 15	Q2
6M	+2.64%	+2.47%	+0.17	1 / 14	Q1
YTD	+2.16%	+2.03%	+0.14	3 / 14	Q1
1Y	+5.88%	+5.56%	+0.33	1 / 13	Q1
2Y	+6.99%	+6.55%	+0.43	1 / 12	Q1
3Y	+7.15%	+6.65%	+0.50	1 / 12	Q1
4Y	+7.01%	+6.42%	+0.59	1 / 9	Q1
5Y	+6.32%	+5.81%	+0.51	1 / 6	Q1
7Y	—	—	—	—	—
10Y	—	—	—	—	—
Inception	+6.20%	+5.61%	+0.59	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	+2.16%	+2.03%	+0.14	3 / 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%

72 windows

min 3.6% · max 8.3%

100% positive

3-Year rolling

+6.12%

47 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

+6.08%

23 windows

min 5.9% · max 6.3%

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

0.43%

3-year · annualised

Sharpe ratio

—

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	₹2,816.2615	3 Jun 2026
Mirae Asset Money Market Fund Regular Growth	Mirae Asset	₹1,326.2061	3 Jun 2026
Edelweiss Money Market Fund - Regular Plan - Growth Option	Edelweiss	₹29.8699	3 Jun 2026
HSBC Money Market Fund - Regular Growth	HSBC	₹27.8164	3 Jun 2026
Baroda BNP Paribas Money Market Fund-Regular Plan - Growth	Baroda BNP Paribas	₹1,453.8897	3 Jun 2026
PGIM India Money Market Fund - Regular Plan - Growth Option	PGIM India	₹1,396.8182	3 Jun 2026
Bajaj Finserv Money Market Fund-Regular Plan-Growth	Bajaj Finserv	₹1,205.7423	3 Jun 2026
Bank of India Money Market Fund - Regular - Growth	Bank of India	₹10.8599	3 Jun 2026
Groww Money Market Fund Regular Growth	Groww	₹10.2407	3 Jun 2026
LIC MF Money Market Fund-Regular Plan-Growth	LIC	₹1,253.9744	3 Jun 2026

Recent NAVs

Date	NAV
3 Jun 2026	₹1,510.5137
2 Jun 2026	₹1,510.2706
1 Jun 2026	₹1,509.7714
31 May 2026	₹1,508.9935
29 May 2026	₹1,508.4123
27 May 2026	₹1,507.2903
26 May 2026	₹1,506.6472
25 May 2026	₹1,506.8624
22 May 2026	₹1,506.2841
21 May 2026	₹1,506.4012

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 - Growth Option is ₹1,510.5137. 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 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 - 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 5.88% — +0.33 pp ahead of the Money Market Fund category average of 5.56%. 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 7.15% — +0.5 pp ahead of the Money Market Fund category average of 6.65%. 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 6.32% — +0.51 pp ahead of the Money Market Fund category average of 5.81%. The fund ranks #1 of 6 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 ₹135,868 today — a multiplier of 1.36×, based on the 5-year CAGR of 6.32%. The category average over the same window would have grown ₹1 lakh to ₹132,631.

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 ₹713,044 today. That's an XIRR (money-weighted annualised return) of 6.83%.

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 ₹713,044 — XIRR 6.83%.

On a 5-year basis, Axis Money Market Fund - Regular Plan - Growth Option ranks #1 out of 6 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 5.81%; this fund delivered 6.32%.

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 6.08% (best 6.34%, worst 5.91%). 100% of rolling windows ended positive. The 5-year Sharpe ratio is -0.63 — 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: 6.32%.

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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