Independent auditors' consent


The board and shareholders
AXP Money Market Series, Inc.:
         AXP Cash Management Fund


We consent to the use of our report incorporated herein by reference and to the
references to our Firm under the headings "Financial Highlights" in Part A and
"INDEPENDENT AUDITORS" in Part B of the Registration Statement.



/s/ KPMG LLP
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    KPMG LLP

Minneapolis, Minnesota
September 7, 2001