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Axis Mutual FundIncome/Debt Oriented Schemes - Money Market FundAMFI:147573ISIN:INF846K01R38RTA:KFintech (KFin Technologies)

Axis Money Market Fund - Direct Plan - Quarterly IDCW Option

Latest NAV (23 Oct 2026)
₹1207.2288
Total Scheme AUM₹15,008 Cr
Initiation Date7 Aug 2019
Recorded History7.2 Years
Min Monthly SIP₹100
Min Lumpsum₹100
Daily SIP Option₹10/day
Newbie Plain-English Snapshot

What you need to know about Axis before investing

Safe Emergency Money & Cash Parking • Invests in ultra-safe short-term government and corporate debt. Provides better returns than savings bank accounts with instant liquidity.

Money Made
₹12,051

₹10,000 grew at +2.6% per year since inception.

Ride Comfort
Smooth Ride

Great if you prefer peace of mind and get anxious when seeing sudden drops.

Annual Cost
₹20 / yr per ₹10,000

Ultra low cost! More of your hard-earned money stays invested.

Ideal Horizon
1 Day to 6 Months

Time needed for equity compounding to smooth out market downturns.

Notice: We are not investment advisors. This snapshot is an automated supporting tool created strictly for research and helping people understand mutual fund metrics independently. It does not constitute investment advice.

Daily Micro-SIP Available (From ₹10/day)

Volatility Smoother

Available via Axis 'Rozana SIP' starting from ₹10/day (standard daily SIP is ₹100).

Latest NAVSpot NAV
₹1207.2288
As of 23 Oct 2026
Full History ReturnAbsolute
+20.51%
Since 7 Aug 2019
CAGR (% p.a.)Annualized
+2.62%
Compounded Annualized
Maximum DrawdownHistorical Risk
-1.18%
Worst Peak-to-Trough Decline
₹10,000 Lumpsum GrowthLumpsum Value
₹12,051
Invested at Initiation (7 Aug 2019)
₹1,000 Monthly SIP GrowthSIP Value
₹96,995
Invested: ₹87,000 (+11.5%)

NAV History Trend

Showing 734 records (23 Oct 2023 to 23 Oct 2026)