Income-oriented debt or money-market exposure
To generate regular income through investment in a portfolio comprising of money market instruments. However, there can be no assurance that the investment objective of the Scheme will be achieved.
Investors matching the scheme's duration and credit profile to their time horizon.
Interest-rate, credit, liquidity and reinvestment risk; debt funds are not fixed deposits.
How the money may be invested
Money Market Instruments - (0%-100%)
- SEBI category
- Money Market Fund
- Fund type
- Open Ended
- Primary benchmark
- NIFTY Money Market Index A-I
Use the latest monthly portfolio
Top holdings are the largest securities currently owned by the scheme. Names and weights can change every month, so a copied list can become misleading. Open the AMC's current official portfolio or factsheet below and look for this exact fund name.
Manager and scheme tenure
- Fund manager(s)
- Mr. Devang Shah, Mr. Aditya Pagaria, Mr. Sachin Jain
- Manager tenure on this scheme
- Since Mr. Devang Shah - 6th August 2019, Mr. Aditya Pagaria - 6th August 2019, Mr. Sachin Jain- 9th November 2021
- Role / co-management
- Mr. Devang Shah - Comanage/Fixed Income, Mr. Aditya Pagaria - Comanage/Fixed Income, Mr. Sachin Jain - Comanage/Fixed Income
The tenure above is experience managing this scheme, not the manager's total career experience. For education, qualifications and prior roles, open the latest official AMC factsheet or manager profile below.
Latest NAV records
NAV is a per-unit accounting value. Compare returns, portfolio, risk and cost — never choose a fund only because its NAV looks low.
| Plan / option reported by AMFI | NAV | Date |
|---|---|---|
| Axis Money Market Fund - Direct Plan - Annual IDCW Option | ₹1,322.8979 | 04 Sep 2026 |
| Axis Money Market Fund - Direct Plan - Daily IDCW Option | ₹1,005.6131 | 04 Sep 2026 |
| Axis Money Market Fund - Direct Plan - Growth Option | ₹1,561.8752 | 04 Sep 2026 |
| Axis Money Market Fund - Direct Plan - Monthly IDCW Option | ₹1,011.6815 | 04 Sep 2026 |
| Axis Money Market Fund - Direct Plan - Quarterly IDCW Option | ₹1,210.7621 | 04 Sep 2026 |
| Axis Money Market Fund - Regular Plan - Annual IDCW Option | ₹1,306.6556 | 04 Sep 2026 |
| Axis Money Market Fund - Regular Plan - Daily IDCW Option | ₹1,005.6127 | 04 Sep 2026 |
| Axis Money Market Fund - Regular Plan - Growth Option | ₹1,544.6281 | 04 Sep 2026 |
| Axis Money Market Fund - Regular Plan - Monthly IDCW Option | ₹1,008.5828 | 04 Sep 2026 |
| Axis Money Market Fund - Regular Plan - Quarterly IDCW Option | ₹1,194.5329 | 04 Sep 2026 |
What you pay and how money moves
- Stated expense ratio
- Regular 0.35%, Direct 0.16%
- Exit load
- Nil
- Minimum application
- 100 · multiples of 1
- SIP frequency
- SIP - Daily / Weekly / Monthly / Yearly SWP - Weekly / Monthly / Quarterly / Halfyearly / Yearly STP - Daily / Weekly / Fortnightly / Monthly / Quarterly
- Minimum SIP amount
- SIP Daily - 10 , Weekly - 100, Monthly 100.00, SIP Yearly - 12000.00 SWP - 1000 STP - Daily, Weekly, Fortnightly, Monthly - 1000 and Quarterly 3000.00
- Minimum instalments
- SIP Daily -6, Weekly - 6, Monthly - 6 SIP - Yearly - 3 SWP - Weekly - 5, Monthly - 6, Quarterly - 4, Halfyearly - 4, Yearly - 2 STP - Daily -6, Weekly - 6, Fortnightly -6, Monthly - 6, Quarterly -2.
How a mutual-fund investment is paid
- Complete KYCIdentity, PAN, bank and contact verification are required.
- Choose route and optionUnderstand direct vs regular and growth vs IDCW before selecting.
- Choose SIP or lump sumSIP uses an automated mandate; lump sum is a one-time payment.
- Receive units at applicable NAVCut-off time, cleared funds and scheme rules determine the applicable NAV.
- Review, do not chaseTrack goal fit, risk, manager/mandate changes, costs and portfolio — not daily noise.
Download and verify at source
The packaged Scheme Summary PDF is the official AMFI file, unchanged. Live AMC links are included for time-sensitive factsheets, top holdings and portfolios.
Source verification date: 06 September 2026. If a live document differs from this page, rely on the newer official document.