debtLow risk

Axis Money Market Fund - Direct Plan - Daily IDCW Option

Invests in bonds and loans. Lower returns than equity but much less bumpy — often used for shorter goals. From Axis Mutual Fund. It's been running since 9 Aug 2019.

Latest price per unit

₹1,005.6131

▲ 0.00% today

As of 4 Sep 2026 · updated once each business day

What ₹1 lakh would have become

Based on past returns

Invested 1 year ago

₹1.00 L

▲ ₹0 gain · 0.0% / year

Invested 3 years ago

₹1.00 L

▲ ₹0 gain · 0.0% / year

Invested 5 years ago

₹1.00 L

▲ ₹0 gain · 0.0% / year

These are calculations from the fund's past prices, not a prediction. Real future returns can and often do differ.

Price over time

How the per-unit price has moved. Tap a range to zoom in.

Bumpiness & worst drops

Day-to-day bumpiness

0.2%

The value swings roughly 0% up or down in a typical year. Finance-speak calls this volatility.

Worst drop ever

-1.18%

A lump sum invested at the previous peak would have temporarily lost about this much before recovering. Finance-speak calls this max drawdown.

Technical details (for the pros)

CAGR — 1 year0.00%

CAGR — 3 years0.00%

CAGR — 5 years0.00%

CAGR — since launch0.08%

Volatility — 1 year (annualised)0.26%

Volatility — 3 years (annualised)0.18%

Max drawdown — 1 year-0.18%

Max drawdown — 3 years-0.22%

Sharpe ratio — 1 year (rf=6%)-23.18

Sharpe ratio — 3 years (rf=6%)-32.78

Fund info

Fund house: Axis Mutual Fund
Category: Income/Debt Oriented Schemes - Money Market Fund
Plan: Direct
Option: IDCW
ISIN (Growth): —
ISIN (Div re-invest): INF846K01Q70
Fund code: 147571
First price on record: 9 Aug 2019 · 1,719 daily prices

Numbers are computed from stored daily prices from mfapi.in/AMFI. This is descriptive analytics, not investment advice. Past performance is not indicative of future returns.