As on 23 Oct 2026
Axis Money Market Fund - Direct Plan - Growth Option
DebtNAV
₹ 1570.25
CAGR (3 Years)
7.36%
AUM (Cr)
₹ 19,012.30
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
59.97%
Derivatives - Index
-0.00%
Govt. Securities
11.63%
T Bills
21.88%
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.