debtLow risk

Axis Money Market Fund - Direct Plan - Monthly 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 7 Aug 2019.

Latest price per unit

₹1,011.6815

▲ 0.03% 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

₹100.0k

▼ ₹26 loss · -0.0% / year

Invested 3 years ago

₹1.00 L

▲ ₹219 gain · 0.1% / year

Invested 5 years ago

₹1.00 L

▲ ₹306 gain · 0.1% / 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

2.1%

The value swings roughly 2% up or down in a typical year. Finance-speak calls this volatility.

Worst drop ever

-1.43%

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 year-0.03%

CAGR — 3 years0.07%

CAGR — 5 years0.06%

CAGR — since launch0.14%

Volatility — 1 year (annualised)2.07%

Volatility — 3 years (annualised)2.14%

Max drawdown — 1 year-0.96%

Max drawdown — 3 years-1.01%

Sharpe ratio — 1 year (rf=6%)-2.92

Sharpe ratio — 3 years (rf=6%)-2.77

Fund info

Fund house: Axis Mutual Fund
Category: Income/Debt Oriented Schemes - Money Market Fund
Plan: Direct
Option: IDCW
ISIN (Growth): INF846K01R12
ISIN (Div re-invest): INF846K01R04
Fund code: 147572
First price on record: 7 Aug 2019 · 1,721 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.