e.g. Tata motors, Reliance MF, 500570

Axis Money Market Fund - Daily IDCW Reinvestment

Debt Liquid Moderate

NAV on (14 Oct 2026 )

₹1005.57 ▼

(-0.00%)

Fund Size

₹19012.3 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

19012.3 Cr

Min investment

Rs 100

Expense Ratio

0.35%

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

+0.01%

6 Months

-0.00%

1 Year

-0.00%

2 Years (CAGR)

-0.00%

3 Years (CAGR)

-0.00%

5 Years (CAGR)

-0.00%

Equity / Mid Cap funds 1Y 3Y Fund Size (Cr)
41.32% 41.38% ₹77480.91
29.36% 29.36% ₹167.53
18.97% 18.97% ₹167.53
7.37% 20.84% ₹1701.37
7.32% 22.72% ₹6727.3
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
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 - Daily IDCW Reinvestment?

A: The latest NAV of Axis Money Market Fund - Daily IDCW Reinvestment is ₹ 1005.57 as on 14 Oct 2026.

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

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

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

A: The expense ratio of Axis Money Market Fund - Daily IDCW Reinvestment is 0.35%, which impacts overall returns.

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

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

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

A: Axis Money Market Fund - Daily IDCW Reinvestment 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 - Daily IDCW Reinvestment?

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

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

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

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