Aditya Birla Sun Life Money Manager Fund vs Axis Money Market Fund
Aditya Birla Sun Life Money Manager Fund (Direct) and Axis Money Market Fund (Direct) head to head: growth of ₹100, returns across every window, risk, cost, and portfolio overlap — every figure computed from AMFI NAV history, nothing supplied by a fund house. Both are Money Market Fund schemes — see the best money market mutual funds for the full ranking.
Head to head
NAVs as of 20 Aug 2026
Growth of ₹100 (rebased over the selected window)
Common period 07 Aug 2019 – 20 Aug 2026, limited by Axis Money Market Fund. Every series is rebased to ₹100 at the start of this window.
View as table
| Date | Aditya Birla Sun Life Money Manager Fund | Axis Money Market Fund |
|---|---|---|
| 07 Aug 2019 | ₹100.00 | ₹100.00 |
| 08 Mar 2020 | ₹103.99 | ₹104.12 |
| 08 Oct 2020 | ₹108.54 | ₹108.42 |
| 11 May 2021 | ₹111.17 | ₹111.00 |
| 11 Dec 2021 | ₹113.68 | ₹113.49 |
| 13 Jul 2022 | ₹116.37 | ₹116.18 |
| 12 Feb 2023 | ₹120.50 | ₹120.25 |
| 14 Sep 2023 | ₹126.01 | ₹125.73 |
| 15 Apr 2024 | ₹131.81 | ₹131.47 |
| 16 Nov 2024 | ₹137.56 | ₹137.24 |
| 18 Jun 2025 | ₹144.44 | ₹144.20 |
| 18 Jan 2026 | ₹149.36 | ₹149.23 |
| 20 Aug 2026 | ₹155.46 | ₹155.27 |
| Metric | Aditya Birla Sun Life · Direct NAV ₹403.47 Low risk ★★★☆☆ | Axis · Direct NAV ₹1,555.38 Low risk ★★★☆☆ | Category median Money Market Fund · 28 funds |
|---|---|---|---|
| +6.44% | +6.50% | +6.44% | |
| +7.42% | +7.46% | +7.38% | |
| +6.70% | +6.71% | +6.60% | |
| +6.85% | — | +6.72% | |
| +7.39%Best in row | +6.45% | +7.08% | |
| +7.21% | +7.24% | — | |
| +7.16%Best in row | +6.34% | +6.98% | |
| +7.01%Best in row | +6.30% | +6.73% | |
| +7.09% | — | +6.96% | |
| Risk | |||
| -1.40% | -1.19%Best in row | -0.77% | |
| 0.22% | 0.16%Best in row | 0.16% | |
| ₹29,121Cr | ₹19,509Cr | ₹4,207Cr | |
| ₹1.00K | ₹100 | — | |
| ₹1.00K | ₹100 | — | |
| 153% | — | 153% | |
| Kaustubh Gupta | Aditya Pagaria · 7y | — | |
| 01 Jan 2013 | 07 Aug 2019 | — | |
| -4.5% | -1.7% | — | |
12 rows carry the same value for every fund — show
- Volatility
- 0.42%
- Sharpe
- —
- Sortino
- —
- Benchmark
- —
- Alpha
- —
- Beta
- —
- Upside capture
- —
- Downside capture
- —
- Exit load
- None
- Lock-in
- None
- Holdings
- —
- Top 10 weight
- —
Best marks the strongest value in a row, and only where the gap is bigger than noise — a near-tie is left unmarked rather than dressed up as a result. SIP XIRR is a ₹10,000/month instalment over 5 years of real NAV history. Nothing here is supplied by a fund house. For research only — not investment advice.
Frequently asked questions
Which fund has delivered higher returns — Aditya Birla Sun Life Money Manager Fund or Axis Money Market Fund?
Over the last 3 years, Axis Money Market Fund returned +7.46% CAGR against Aditya Birla Sun Life Money Manager Fund's +7.42%, computed from AMFI NAV history. Over 5 years: Aditya Birla Sun Life Money Manager Fund +6.70% vs Axis Money Market Fund +6.71% CAGR. Past returns don't guarantee future performance.
Which fund is cheaper — Aditya Birla Sun Life Money Manager Fund or Axis Money Market Fund?
Axis Money Market Fund has the lower expense ratio: Aditya Birla Sun Life Money Manager Fund charges 0.22% a year against Axis Money Market Fund's 0.16%. The expense ratio is deducted from the NAV daily, so a lower one compounds in the investor's favour.
Which fund is riskier — Aditya Birla Sun Life Money Manager Fund or Axis Money Market Fund?
Aditya Birla Sun Life Money Manager Fund has shown higher volatility (+0.42% annualized vs Axis Money Market Fund's +0.42%), measured as the annualized standard deviation of daily returns over the trailing 3 years. Worst 3-year drawdown: Aditya Birla Sun Life Money Manager Fund -0.19% vs Axis Money Market Fund -0.14%.
Which fund manages more money — Aditya Birla Sun Life Money Manager Fund or Axis Money Market Fund?
Aditya Birla Sun Life Money Manager Fund is the larger fund: Aditya Birla Sun Life Money Manager Fund manages ₹29,121Cr against Axis Money Market Fund's ₹19,509Cr in assets. Size cuts both ways — scale lowers costs, but a very large fund can find it harder to move in and out of positions.
Are Aditya Birla Sun Life Money Manager Fund and Axis Money Market Fund in the same category?
Yes — both are Money Market Fund schemes, so their returns, risk and cost are directly comparable against the same peer set.
Figures update daily from AMFI NAV history; ratings and ranks are WealthTicker’s own — see the methodology. This is data, not investment advice.