Axis Money Market Fund - Regular Plan - Growth Option

Axis Money Market Fund - Regular Plan - Growth Option is a scheme launched by Axis Mutual Fund on August 06, 2019, and falls under the Money Market fund category. It currently manages an AUM of Rs 20,721.12 crore. The fund permits investments with a minimum SIP of Rs 1000 and a lump sum of Rs 5000. It charges an expense ratio of 0.32% for managing the portfolio.

• Investing Strategy:

  To generate regular income through investment in a portfolio comprising of money market instruments.

• Performance:

  Axis Money Market Fund - Regular Plan - Growth Option trailing returns over different times are 7.83% (1 year), 7.47% (3 year) and 6.07% (5 year). The average annual return of this fund stands at 5.46%.