Axis Money Market Fund Regular Growth

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Debt
Money Market
Rating 4
Plan

1197.51 +0.65 (0.05%) NAV as on 06 Feb, 2023

5D
1M
6M
1Y
5Y
MAX

Key Metrics

AUM (in Cr)3794.47
CAGR 5.14%
Exit Load0.00%
Expense ratio0.36%
CategoryDebt
Min Investment5000
Min SIP1000
Launch Date2019-08-06

Asset Allocation

Holdings As On - 07 February 2023

Name
Value (Cr)
Holding %

Clearing Corporation Of India Ltd
452.66
14.02%

Bajaj Housing Finance Limited
148.72
4.61%

HDFC Bank Limited
136.43
4.23%

07.55 HP Sdl 2023
100.28
3.11%

National Bank For Agriculture And Rural Development
99.17
3.07%

Small Industries Development Bank Of India
98.99
3.07%

Bank Of Baroda
98.15
3.04%

364 Dtb 22062023
96.97
3.00%

08.64 AP Sdl 2023
75.31
2.33%

Small Industries Development Bank Of India
73.95
2.29%

Peer Comparison

Fund Name
UTI Money Market Fund - Regular Plan - Growth Option5.27%
DSP Savings Fund Regular Plan Growth4.32%
Invesco India Money Market Fund Growth4.25%
IDFC Money Manager Fund Regular Plan Growth4.37%
Axis Money Market Fund Regular Growth5.14%

Risk & Volitility

Alpha 0.00%
Beta 0.00
Sharpe Ratio1.17
Std Deviation 0.59%
Tracking Error 0.00%

About Fund

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.

The Axis Money Market Fund Regular Growth has an AUM of 3794.47 crores & has delivered CAGR of 0.00% in the last 5 years. The fund has an exit load of 0.00% and an expense ratio of 0.36%. The minimum investment in Axis Money Market Fund Regular Growth is Rs 5000 and the minimum SIP is Rs 1000.

As per morningstar the risk & return rating of the fund are Low & Low respectively.

The top holdings of the fund include Clearing Corporation Of India Ltd, Bajaj Housing Finance Limited, HDFC Bank Limited & 07.55 HP Sdl 2023.

Some of the similar funds are UTI Money Market Fund - Regular Plan - Growth Option, DSP Savings Fund Regular Plan Growth, Invesco India Money Market Fund Growth, IDFC Money Manager Fund Regular Plan Growth, Axis Money Market Fund Regular Growth. Axis Money Market Fund Regular Growth has a sharpe ratio of 1.17 & a standard deviation of 0.59%.