Axis Money Market Fund Direct-Growth
Debt: Money Market - Growth (Open ended) Factsheet
SEBI Riskometer -ModerateCategory -Debt: Money MarketBenchmark -NIFTY Money Market Index A-I
NAV: ₹1,542.94+0.08%
01 Jul 2026
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3-year CAGR of 7.5% is in the top 25th percentile in its category - Debt: Money Market
This is measured by percentile rank of the scheme in its category based on 3-year CAGR. Lower rank implies that scheme was a relative outperformer in its category
What is CAGR (3Y)?
The scheme was a top-quartile (25%) performer in 8.0 out of last 12 quarters
This is measured as the number of quarters, in the last 12 quarters, that the scheme was in the top quartile (25th percentile). Higher number implies that scheme has been a consistent performer
What is Consistency (quarterly)?
Volatility of scheme returns is roughly in the range of average volatility of the category
This measures the volatility of monthly returns of the scheme (in the last 3 years) with respect to average volatility of the category. Higher number implies that scheme has been riskier that average category risk
What is Volatility (3Y)?
Expense ratio of the scheme (0.18%) is roughly in line with average expense ratio of the category (0.17%), excluding index funds and ETFs
This measures the relative expense of the scheme with respect to average expense ratio of the category. Investors should always prefer schemes with lower expense, everything else remaining the same
What is Expense ratio?
The scheme seeks to generate regular income through investment in a portfolio comprising of money market instruments.