Tata Money Market Fund vs Axis Money Market Fund
Tata Money Market 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 | Tata Money Market Fund | Axis Money Market Fund |
|---|---|---|
| 07 Aug 2019 | ₹100.00 | ₹100.00 |
| 08 Mar 2020 | ₹103.81 | ₹104.12 |
| 08 Oct 2020 | ₹108.29 | ₹108.42 |
| 11 May 2021 | ₹111.04 | ₹111.00 |
| 11 Dec 2021 | ₹113.58 | ₹113.49 |
| 13 Jul 2022 | ₹116.34 | ₹116.18 |
| 12 Feb 2023 | ₹120.52 | ₹120.25 |
| 14 Sep 2023 | ₹126.08 | ₹125.73 |
| 15 Apr 2024 | ₹131.98 | ₹131.47 |
| 16 Nov 2024 | ₹137.79 | ₹137.24 |
| 18 Jun 2025 | ₹144.82 | ₹144.20 |
| 18 Jan 2026 | ₹149.90 | ₹149.23 |
| 20 Aug 2026 | ₹156.02 | ₹155.27 |
| Metric | Tata · Direct NAV ₹5,183.51 Low risk ★★★★☆ | Axis · Direct NAV ₹1,555.38 Low risk ★★★☆☆ | Category median Money Market Fund · 28 funds |
|---|---|---|---|
| +6.54% | +6.50% | +6.44% | |
| +7.54% | +7.46% | +7.38% | |
| +6.79% | +6.71% | +6.60% | |
| +6.05% | — | +6.72% | |
| +6.77%Best in row | +6.45% | +7.08% | |
| +7.32% | +7.24% | — | |
| +6.38% | +6.34% | +6.98% | |
| +6.05% | +6.30%Best in row | +6.73% | |
| +6.25% | — | +6.96% | |
| Risk | |||
| -6.57% | -1.19%Best in row | -0.77% | |
| 0.18% | 0.16% | 0.16% | |
| ₹34,494Cr | ₹19,509Cr | ₹4,207Cr | |
| ₹500 | ₹100 | — | |
| ₹5.00K | ₹100 | — | |
| Amit Somani · 12.9y | Aditya Pagaria · 7y | — | |
| 01 Jan 2013 | 07 Aug 2019 | — | |
| -1.9% | -1.7% | — | |
13 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
- Portfolio turnover
- —
- 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 — Tata Money Market Fund or Axis Money Market Fund?
Over the last 3 years, Tata Money Market Fund returned +7.54% CAGR against Axis Money Market Fund's +7.46%, computed from AMFI NAV history. Over 5 years: Tata Money Market Fund +6.79% vs Axis Money Market Fund +6.71% CAGR. Past returns don't guarantee future performance.
Which fund is cheaper — Tata Money Market Fund or Axis Money Market Fund?
Axis Money Market Fund has the lower expense ratio: Tata Money Market Fund charges 0.18% 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 — Tata Money Market Fund or Axis Money Market Fund?
Axis Money Market Fund has shown higher volatility (+0.42% annualized vs Tata Money Market Fund's +0.42%), measured as the annualized standard deviation of daily returns over the trailing 3 years. Worst 3-year drawdown: Tata Money Market Fund -0.15% vs Axis Money Market Fund -0.14%.
Which fund manages more money — Tata Money Market Fund or Axis Money Market Fund?
Tata Money Market Fund is the larger fund: Tata Money Market Fund manages ₹34,494Cr 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 Tata Money Market 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.