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

We don't give personal investment advice. Axis Money Market Fund - Regular Plan - Quarterly 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: 1.2%. 5-year CAGR: 2.65%.

Axis

Axis Money Market Fund - Regular Plan - Quarterly IDCW

Latest NAV

₹1,181.9681

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%	+0.04%	+0.01	20 / 46	Q2
1W	+0.08%	+0.05%	+0.03	16 / 46	Q2
2W	+0.08%	+0.02%	+0.05	15 / 44	Q2
1M	-0.20%	+0.15%	-0.35	37 / 45	Q4
3M	+0.67%	+0.49%	+0.18	19 / 43	Q2
6M	+1.53%	+1.06%	+0.47	18 / 43	Q2
YTD	+1.65%	+0.97%	+0.67	18 / 42	Q2
1Y	+2.59%	+1.56%	+1.03	15 / 42	Q2
2Y	+3.49%	+2.34%	+1.14	15 / 39	Q2
3Y	+3.52%	+2.52%	+1.00	15 / 39	Q2
4Y	+3.35%	+2.46%	+0.90	12 / 33	Q2
5Y	+2.65%	+1.93%	+0.72	12 / 32	Q2
7Y	+2.39%	+2.11%	+0.28	9 / 22	Q2
10Y	—	—	—	—	—
Inception	+2.41%	+1.86%	+0.55	15 / 46	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	+1.65%	+0.97%	+0.68	16 / 38
2025	+3.74%	+2.33%	+1.41	13 / 36
2024	+3.88%	+2.60%	+1.28	15 / 39
2023	+3.39%	+2.54%	+0.84	14 / 35
2022	+0.83%	+1.53%	-0.69	14 / 30
2021	-0.18%	+0.99%	-1.17	27 / 29
2020	+2.16%	+1.58%	+0.59	13 / 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

+2.31%

73 windows

min -0.4% · max 4.7%

85% positive

3-Year rolling

+2.23%

49 windows

min 0.9% · max 3.7%

100% positive

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

5-Year rolling

+2.23%

24 windows

min 2.0% · max 2.6%

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

1.37%

3-year · annualised

Sharpe ratio

-2.20

vs risk-free 6.5%

Sortino ratio

-5.34

Downside-only deviation

Max drawdown

-0.92%

Sep 2023 → Sep 2023

% positive months

69.4%

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	₹14.3686	17 Jul 2026
Invesco India Money Market Fund - Regular - Monthly IDCW (Payout / Reinvestment)	Invesco	₹1,512.0118	17 Jul 2026
Bandhan Money Market Fund - Regular Plan - Periodic IDCW	Bandhan	₹14.1109	17 Jul 2026
Mirae Asset Money Market Fund Regular IDCW	Mirae Asset	₹1,341.6330	17 Jul 2026
Edelweiss Money Market Fund - Regular Plan - Annual - IDCW Option	Edelweiss	₹29.9517	17 Jul 2026
DSP Savings Fund - Regular Plan - IDCW - Daily	DSP	₹10.1021	17 Jul 2026
HSBC Money Market Fund - Regular Daily IDCW	HSBC	₹10.8591	17 Jul 2026
Baroda BNP Paribas Money Market Fund - Regular Plan - Monthly IDCW	Baroda BNP Paribas	₹1,015.9102	17 Jul 2026
UTI MMF - Regular Plan - Flexi Dividend Option	UTI	₹1,274.4634	17 Jul 2026
PGIM India Money Market Fund - Regular Plan - Daily Dividend Option	PGIM India	₹1,009.0935	17 Jul 2026

Recent NAVs

Date	NAV
17 Jul 2026	₹1,181.9681
16 Jul 2026	₹1,181.3495
15 Jul 2026	₹1,180.8773
14 Jul 2026	₹1,180.6972
13 Jul 2026	₹1,181.3555
10 Jul 2026	₹1,181.0395
9 Jul 2026	₹1,180.8453
8 Jul 2026	₹1,180.0956
7 Jul 2026	₹1,180.7336
6 Jul 2026	₹1,181.4835

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 - Quarterly IDCW is ₹1,181.9681. 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 - Quarterly IDCW 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 - Quarterly 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 - Quarterly IDCW has delivered a absolute return of 2.59% — +1.03 pp ahead of the Money Market Fund category average of 1.56%. The fund ranks #15 of 42 in its category — the second (Q2) quartile.

Over the trailing 3-year window, Axis Money Market Fund - Regular Plan - Quarterly IDCW has delivered a CAGR of 3.52% — +1 pp ahead of the Money Market Fund category average of 2.52%. The fund ranks #15 of 39 in its category — the second (Q2) quartile.

Over the trailing 5-year window, Axis Money Market Fund - Regular Plan - Quarterly IDCW has delivered a CAGR of 2.65% — +0.72 pp ahead of the Money Market Fund category average of 1.93%. The fund ranks #12 of 32 in its category — the second (Q2) quartile.

₹1 lakh invested in Axis Money Market Fund - Regular Plan - Quarterly IDCW exactly 5 years ago would be worth approximately ₹113,964 today — a multiplier of 1.14×, based on the 5-year CAGR of 2.65%. The category average over the same window would have grown ₹1 lakh to ₹110,044.

A ₹10,000 monthly SIP in Axis Money Market Fund - Regular Plan - Quarterly IDCW over the last 5 years — total invested ₹600,000 — would be worth ₹649,751 today. That's an XIRR (money-weighted annualised return) of 3.14%.

Axis Money Market Fund - Regular Plan - Quarterly IDCW doesn't yet have 10 years of NAVs. Over the longest available window (5-year SIP), ₹10,000/month would have grown to ₹649,751 — XIRR 3.14%.

On a 5-year basis, Axis Money Market Fund - Regular Plan - Quarterly IDCW ranks #12 out of 32 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 1.93%; this fund delivered 2.65%.

The worst peak-to-trough decline Axis Money Market Fund - Regular Plan - Quarterly IDCW has experienced over the last 5-year window is 1.17% — its NAV fell from a high on 27 Sep 2021 to a low on 28 Jun 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 - Quarterly IDCW averaged 2.23% (best 2.65%, worst 1.97%). 100% of rolling windows ended positive. The 5-year Sharpe ratio is -2.62 — negative risk-adjusted performance.

In calendar year 2025, Axis Money Market Fund - Regular Plan - Quarterly IDCW returned 3.74% — beating the Money Market Fund category average of 2.33% by 1.41 pp. It ranked #13 of 36 in its category that year.

Axis Money Market Fund - Regular Plan - Quarterly 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 - Quarterly 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: 1.2%. 5-year CAGR: 2.65%.

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