Axis Money Market Fund - Direct Plan - IDCW-Daily

Q: What type of mutual fund is Axis Money Market Fund - Direct Plan - IDCW-Daily?

Axis Money Market Fund - Direct Plan - IDCW-Daily is a 'Debt - FMP' type mutual fund managed by 'Axis Asset Management Company Ltd.'.

Debt FMP Moderate

NAV on (12 Oct 2026 )

₹1005.61

(0.00%)

Fund Size

₹21045.92 Crores

1Y Returns

0.00 %

Earn 1% Higher Returns in Direct Funds on dhan Invest Top Funds

Disclaimer: Mutual Fund investments are subject to market risks. Read all scheme related documents carefully before investing.

Investment Objective

To generate regular income through investment in a portfolio comprising of money market instruments.

AMC

Axis Asset Management Company Ltd.

Fund Details

Launch Date

July 26, 2019

Fund Manager

Mr. Devang Shah

Initial Price

1000

AUM Fund

21045.92 Cr

Min investment

Rs 100

Expense Ratio

0.16%

SIP Minimum Investment

Daily - Rs. 10/- and in multiples of Re 1/- thereafter. Minimum number of installments 6.Weekly - Rs. 100/- and in multiples of Re 1/- thereafter. Minimum number of installments 6.Monthly - Rs. 100/- and in multiples of Re 1/- thereafter. Minimum number of installments 6. Yearly - Rs. 12,000/- and in multiple of Re.1/- thereafter. Minimum number of installments 3.

Exit Load

Nil

1 Month

+0.02%

6 Months

1 Year

2 Years (CAGR)

3 Years (CAGR)

5 Years (CAGR)

Equity / Mid Cap funds	1Y	3Y	Fund Size (Cr)
Nippon India Fixed Maturity Plan - XLV - Series 5 - Direct Plan	7.54%	27.88%	₹60.1
Nippon India Fixed Maturity Plan - XLV - Series 5	7.24%	26.79%	₹60.1
HDFC FMP 1162D March 2022 - Direct Plan	7.19%	22.90%	₹33.15
SBI Fixed Maturity Plan (FMP) - Series 56 - Direct Plan	7.16%	20.67%	₹287.3
SBI Fixed Maturity Plan (FMP) - Series 56 - Direct Plan	7.16%	20.67%	₹287.3

Holdings

182 Days Tbill (MD 17/12/2026) 3.28%

HDFC Bank Limited (12/03/2027) 3.22%

Small Industries Dev Bank of India (16/12/2026) 3.06%

HDFC Bank Limited (15/02/2027) 2.19%

National Bank For Agriculture and Rural Development (10/03/2027) 2.18%

Clearing Corporation of India Ltd 2.15%

National Bank For Agriculture and Rural Development (28/01/2027) 2.09%

The Federal Bank Limited (17/02/2027) 2.08%

Indian Bank (24/06/2027) 2.03%

Panatone Finvest Limited (11/01/2027) 1.97%

Small Industries Dev Bank of India (18/02/2027) 1.92%

Punjab National Bank (05/02/2027) 1.85%

Punjab & Sind Bank (12/03/2027) 1.84%

Punjab & Sind Bank (26/02/2027) 1.84%

HDFC Bank Limited (02/03/2027) 1.84%

Small Industries Dev Bank of India (28/01/2027) 1.74%

National Bank For Agriculture and Rural Development (17/02/2027) 1.73%

Kotak Mahindra Bank Limited (08/01/2027) 1.63%

Bajaj Housing Finance Limited (27/01/2027) 1.62%

IndusInd Bank Limited (22/01/2027) 1.62%

AU Small Finance Bank Limited (03/03/2027) 1.38%

Kotak Mahindra Bank Limited (29/01/2027) 1.34%

L&T Finance Limited (15/12/2026) 1.17%

Kotak Mahindra Bank Limited (04/02/2027) 1.16%

Mindspace Business Parks REIT (05/02/2027) 1.16%

ICICI Securities Limited (18/02/2027) 1.15%

ICICI Securities Limited (12/02/2027) 1.15%

HDFC Bank Limited (09/03/2027) 1.15%

National Bank For Agriculture and Rural Development (22/01/2027) 1.14%

Infina Finance Private Limited (11/06/2027) 1.12%

182 Days Tbill (MD 24/12/2026) 1.09%

Bank of Baroda (02/02/2027) 1.09%

Kotak Mahindra Bank Limited (21/12/2026) 1.05%

ICICI Bank Limited (27/01/2027) 1.04%

Canara Bank (29/01/2027) 1.04%

Canara Bank (04/03/2027) 1.04%

REC Limited (08/03/2027) 1.04%

Punjab National Bank (28/01/2027) 1.02%

IIFL Finance Limited (28/12/2026) 0.93%

IDFC First Bank Limited (27/01/2027) 0.93%

IDFC First Bank Limited (04/02/2027) 0.93%

182 Days Tbill (MD 04/02/2027) 0.93%

Motilal Oswal Financial Services Limited (18/02/2027) 0.92%

360 One Prime Limited (18/02/2027) 0.92%

Mahindra & Mahindra Financial Services Limited (18/02/2027) 0.85%

Union Bank of India (19/01/2027) 0.81%

L&T Finance Limited (12/03/2027) 0.80%

7.43% GUJARAT State Development Loans (03/01/2027) 0.74%

IDFC First Bank Limited (15/01/2027) 0.70%

Bank of Baroda (27/01/2027) 0.70%

182 Days Tbill (MD 21/01/2027) 0.70%

Piramal Finance Limited (22/02/2027) 0.69%

Godrej Finance Limited (18/02/2027) 0.69%

Birla Group Holdings Private Limited (21/01/2027) 0.69%

Punjab National Bank (18/03/2027) 0.69%

Punjab National Bank (10/02/2027) 0.69%

IDBI Bank Limited (11/03/2027) 0.69%

Godrej Housing Finance Limited (18/02/2027) 0.69%

Bank of Baroda (05/03/2027) 0.69%

7.62% Uttar Pradesh State Development Loans (15/02/2027) 0.67%

Punjab National Bank (15/12/2026) 0.63%

Union Bank of India (10/12/2026) 0.59%

Bank of Baroda (08/03/2027) 0.58%

National Bank For Agriculture and Rural Development (27/01/2027) 0.58%

Motilal Oswal Financial Services Limited (28/01/2027) 0.58%

Export Import Bank of India (29/01/2027) 0.58%

Infina Finance Private Limited (05/03/2027) 0.57%

ICICI Bank Limited (19/03/2027) 0.57%

6.72% Kerala State Development Loans (24/03/2027) 0.55%

7.42% West Bengal State Development Loans (09/11/2026) 0.51%

6.58% Gujarat State Development Loans (31/03/2027) 0.48%

Bajaj Housing Finance Limited (01/01/2027) 0.47%

Bank of Baroda (23/12/2026) 0.47%

Punjab National Bank (04/02/2027) 0.46%

National Bank For Agriculture and Rural Development (02/03/2027) 0.46%

Piramal Finance Limited (29/01/2027) 0.46%

Muthoot Fincorp Ltd (12/03/2027) 0.46%

DSP Finance Private Limited (19/03/2027) 0.46%

Nuvama Clearing Services Ltd (18/03/2027) 0.46%

360 One Prime Limited (18/01/2027) 0.46%

Phoenix Arc Limited (19/02/2027) 0.46%

Small Industries Dev Bank of India (26/02/2027) 0.46%

Small Industries Dev Bank of India (14/01/2027) 0.46%

7.51% Maharashtra State Development Loans (24/05/2027) 0.43%

7.59% Haryana State Development Loans (15/02/2027) 0.41%

Punjab National Bank (04/03/2027) 0.35%

Godrej Industries Limited (27/01/2027) 0.35%

Bank of India (18/02/2027) 0.35%

Godrej Industries Limited (29/01/2027) 0.35%

Canara Bank (18/12/2026) 0.35%

Godrej Industries Limited (25/01/2027) 0.35%

Godrej Industries Limited (28/01/2027) 0.35%

Indian Bank (21/06/2027) 0.34%

Infina Finance Private Limited (25/03/2027) 0.34%

7.73% Rajasthan State Development Loans (01/03/2027) 0.31%

SBI - Corporate Debt Market Development Fund (CDMDF) - Class A2 0.29%

7.77% Kerala State Development Loans (01/03/2027) 0.28%

7.51% Rajasthan State Development Loans (24/05/2027) 0.24%

Mahindra & Mahindra Financial Services Limited (25/02/2027) 0.23%

Canara Bank (26/02/2027) 0.23%

HDFC Bank Limited (05/03/2027) 0.23%

ICICI Bank Limited (08/03/2027) 0.23%

ICICI Bank Limited (12/02/2027) 0.23%

Indian Bank (10/12/2026) 0.23%

Kotak Mahindra Bank Limited (12/02/2027) 0.23%

National Bank For Agriculture and Rural Development (17/03/2027) 0.23%

Punjab National Bank (09/02/2027) 0.23%

The Federal Bank Limited (18/02/2027) 0.23%

Union Bank of India (16/03/2027) 0.23%

Birla Group Holdings Private Limited (02/02/2027) 0.23%

Kotak Mahindra Prime Limited (05/03/2027) 0.23%

6.54% Maharashtra State Development Loans (09/02/2027) 0.21%

7.71% Gujarat State Development Loans (01/03/2027) 0.19%

Canara Bank (22/01/2027) 0.19%

Canara Bank (02/02/2027) 0.16%

7.39% Tamil Nadu State Development Loans (09/11/2026) 0.14%

Bank of Baroda (04/02/2027) 0.14%

Mahindra & Mahindra Financial Services Limited (14/12/2026) 0.12%

Canara Bank (28/01/2027) 0.12%

Bank of Baroda (05/02/2027) 0.12%

7.8% Jharkhand State Development Loans (01/03/2027) 0.12%

364 Days Tbill (MD 23/10/2026) 0.12%

364 Days Tbill (MD 15/10/2026) 0.12%

Birla Group Holdings Private Limited (08/01/2027) 0.12%

Bank of Baroda (12/02/2027) 0.12%

ICICI Securities Limited (05/03/2027) 0.11%

IndusInd Bank Limited (09/03/2027) 0.11%

7.61% Tamil Nadu State Development Loans (15/02/2027) 0.10%

DSP Finance Private Limited (18/09/2026) 0.10%

Tata Teleservices Limited (12/02/2027) 0.09%

7.35% Andhra Pradesh State Development Loans Uday (18/10/2026) 0.05%

6.75% Gujarat State Development Loans (05/02/2027) 0.05%

7.74% Tamilnadu UDAY BOND (22/02/2027) 0.05%

Small Industries Dev Bank of India (11/08/2027) 0.04%

7.9% Tamilnadu UDAY BOND (22/03/2027) 0.02%

364 Days Tbill (MD 06/11/2026) 0.02%

7.75% Tamil Nadu UDAY BOND (22/02/2027) 0.02%

Sundaram Finance Limited (12/02/2027) 0.02%

Net Receivables / (Payables) -1.86%

Sector Allocation

Finance 2.22%

Address

One Lodha Place, 22 & 23 Floor, Senapati Bapat Marg, Lower Parel, Mumbai Maharashtra India 400013

Phone

+91 22 66496100

Fax

+91 22 43255199

Launch Date

July 26, 2019

E-mail

customerservice@axismf.com

Website

https://www.axismf.com

Custodian

Deutsche Bank A. G.

Registrar & Transfer Agent

KFin Technologies Limited

Frequently Asked Questions

Q: What is the current NAV of Axis Money Market Fund - Direct Plan - IDCW-Daily?

A: The latest NAV of Axis Money Market Fund - Direct Plan - IDCW-Daily is ₹ 1005.61 as on 12 Oct 2026.

Q: What type of mutual fund is Axis Money Market Fund - Direct Plan - IDCW-Daily?

A: Axis Money Market Fund - Direct Plan - IDCW-Daily is a 'Debt - FMP' type mutual fund managed by 'Axis Asset Management Company Ltd.'.

Q: What is the expense ratio of Axis Money Market Fund - Direct Plan - IDCW-Daily?

A: The expense ratio of Axis Money Market Fund - Direct Plan - IDCW-Daily is 0.16%, which impacts overall returns.

Q: Who manages Axis Money Market Fund - Direct Plan - IDCW-Daily?

A: Axis Money Market Fund - Direct Plan - IDCW-Daily is managed by Mr. Devang Shah, who oversees investment strategy and portfolio decisions.

Q: Is Axis Money Market Fund - Direct Plan - IDCW-Daily a good investment?

A: Axis Money Market Fund - Direct Plan - IDCW-Daily may be suitable depending on your financial goals, risk appetite, and investment horizon. Always evaluate fund performance and consult a financial advisor.

Q: What is the exit load of Axis Money Market Fund - Direct Plan - IDCW-Daily?

A: The exit load of Axis Money Market Fund - Direct Plan - IDCW-Daily is Nil, applicable if redeemed within the specified period.

Q: How is Axis Money Market Fund - Direct Plan - IDCW-Daily taxed?

A: Taxation depends on the fund type (equity/debt) and holding period as per Indian tax laws.

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