Fund has been able to generate better returns compared to other funds in the same category
Less expense ratio implies better returns over the long term
Fund has not been able to generate better price return than bank FD
Total holdings with red flags is insignificant
|Expense RatioExpense Ratio||No LabelNo Label||No LabelNo Label|
|No LabelNo Label||No LabelNo Label||No LabelNo Label|
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.
|PlanPlan||Lock inLock in||Exit LoadExit Load|
|SIP Inv.SIP Inv.||Min. LumpsumMin. Lumpsum|
|Nifty Money Market Index|
Gains are added to taxable income and taxed according to the individual's income tax slab
Gains are taxed at 20% with indexation benefit
Monthly Investment Amt. (₹)
Investment period (years)
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.
₹ 2,32,201.05 Cr.