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Expense RatioExpense Ratio | No LabelNo Label | No LabelNo Label |
---|---|---|
0.16 | 7.37 | 11.32 |
No LabelNo Label | No LabelNo Label | No LabelNo Label |
---|---|---|
0.32 | 7.32 | 10.47 |
PlanPlan | Lock inLock in | Exit LoadExit Load |
---|---|---|
IDCW | 0 yrs | 0.00% |
SIP Inv.SIP Inv. | Min. LumpsumMin. Lumpsum |
---|---|
Allowed | ₹ 5,000 |
BenchmarkBenchmark |
---|
Nifty Money Market Index |
Money market funds are debt funds. They invest in short-term sebt securities such as treasury bills and commercial papers. They generally maintain high levels of liquidity.
Returns
Scheme
Ratios
Mutual Fund | 1Y Returns1Y Returns | 3Y CAGR3Y CAGR | Life CAGRLife CAGR |
---|---|---|---|
Axis Money Market Fund(A-IDCW) | 4.38% | 3.13% | 4.21% |
Kotak Money Market Fund(M-IDCW Payout) | 4.61% | 4.67% | 1.42% |
ICICI Pru Money Market Fund(IDCW-Payout) | 7.83% | 5.27% | 4.90% |
SBI Savings Fund(W-IDCW Payout) | 6.27% | 6.17% | 2.30% |
Actual
Target
Mar 2024
Jun 2024
Sep 2024
Nov 2024
Mar 2024
Jun 2024
Sep 2024
Nov 2024
Mar 2024
Jun 2024
Sep 2024
Nov 2024
Debt
Others
Holdings
3.52 %
Holdings
2.83 %
Holdings
1.97 %
Axis Asset Management Company Ltd. is the mutual fund investment wing of Axis Bank, the 3rd largest private bank in India. 74.99% share of the AMC is held by Axis Bank while the rest 24% is held by Schroder Singapore Holdings Private Limited.
No.of Schemes
71
Total AUM
₹ 3,19,688.04 Cr.
Devang Shah
AUM: ₹92,825.30 Cr.
|
Exp: 9yrs
Aditya Pagaria
AUM: ₹86,549.43 Cr.
|
Exp: —
Sachin Jain
AUM: ₹74,622.92 Cr.
|
Exp: —
Manager Performance (0)
Investment frequency
Monthly
One Time
Monthly Investment Amt. (₹)
Investment period (years)
You make
Invested period < 2 years
Gains are added to taxable income and taxed according to the individual’s income tax slab
Invested period > 2 years(Investments from 1st April 2023)
Gains are added to taxable income and taxed according to the individual’s income tax slab
Invested period > 2 years(Investments before 1st April 2023)
Gains are treated as long-term capital gains and taxed at 12.5%