Axis Money Market Fund - Direct Plan - Growth Option

Q: What kind of returns does Axis Money Market Fund - Direct Plan - Growth Option provide?

Axis Money Market Fund - Direct Plan - Growth Option aims to generate capital appreciation by investing mainly in public sector undertakings (PSUs). Historically, its returns have often shown moderate to high growth rate depending on market conditions. Axis Money Market Fund - Direct Plan - Growth Option had a return of 8.22% over the past 1 year.

Q: How much expense ratio is charged by Axis Money Market Fund - Direct Plan - Growth Option?

The expense ratio for Axis Money Market Fund - Direct Plan - Growth Option, or any other mutual fund, is the yearly fee you pay for managing your investments. As of 02 May 2025, the expense ratio charged by Axis Money Market Fund - Direct Plan - Growth Option is typically around 0.17 %. This fee covers fund management, administrative, and other operational costs. It is relatively low compared to actively managed funds, reflecting its direct growth option.

Q: What is the AUM of Axis Money Market Fund - Direct Plan - Growth Option?

As of 02 May 2025, the Assets Under Management (AUM) of Axis Money Market Fund - Direct Plan - Growth Option is approximately ₹14611.1114 crore. The AUM can fluctuate based on market conditions and investor activity. It indicates the total value of assets managed by the fund.

Q: What is the NAV of Axis Money Market Fund - Direct Plan - Growth Option?

The Net Asset Value (NAV) of Axis Money Market Fund - Direct Plan - Growth Option is updated daily and reflects the per-unit value of the fund's assets. As of 02 May 2025 , the NAV is around undefined per unit, but this value might change based on market performance and fund holdings.

Q: What is the PE and PB ratio of Axis Money Market Fund - Direct Plan - Growth Option?

The PE ratio for Axis Money Market Fund - Direct Plan - Growth Option is 0 and the PB ratio is 0. The PE ratio is calculated by dividing the market price by the earnings per share, whereas the PB ratio is calculated by dividing the stock price by the book value per share.

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

The exit load for Axis Money Market Fund - Direct Plan - Growth Option is 0% if units are redeemed within 30 days from the date of investment. After this period, no exit load is applicable. This fee is charged to discourage short-term trading and ensure long-term investment.

Debt

NAV

₹ 1429.17

CAGR (3 Years)

7.34%

AUM (Cr)

₹ 14,611.11

Risk

Low to Moderate Risk

About Axis Money Market Fund - Direct Plan - Growth Option

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.

Breakdown of this Fund

Debt Others

69.10%

Derivatives - Index

-0.01%

Govt. Securities

23.31%

T Bills

25.03%

Market Capitalization

Expense Ratio, Exit Load and Tax

Expense Ratio

0.17

Exit Load

Nil

Stamp Duty

0.005% (from July 1st, 2020)

Tax Implication

Returns are taxed at 20%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 12.5% on returns of Rs 1.25 lakh+ in a financial year.