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Latest NAV & returns of AXIS ASSET MANAGEMENT COMPANY LIMITED

Axis Ultra Short Duration Fund Direct Growth

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previously known as Axis Ultra Short Term Fund Dir Gr until

15.630 (0.019%)
NAV on June 27, 2025
Category Fixed income:
Ultra Short Duration
Interest rate sensitivity
Credit quality
Limited Sensitivity High Quality
Total Assets 6,508 cr
Turnover Ratio 359.04%
Expense Ratio 0.36%
Exit Load -
Returns
  • 1M: 0.63%
  • 1Y: 8.09%
  • 3M: 2.20%
  • 3Y: 7.54%
  • 6M: 4.16%
  • 5Y: 6.26%
Min Investment 5,000
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ADDITIONAL INFO
Fund Manager Sachin Jain (Since almost 5 years) Hardik Shah (Since 8 months)
ISIN INF846K01F40
Fund Family Axis
Launch Date September 10, 2018
Benchmark NIFTY Ultra Short Duration Debt TR INR
Avg. Maturity 0.48 years
Yield To Maturity (%) 6.83%
ASSET ALLOCATION
CREDIT QUALITY (%)
AAA 83.52%
AA 16.48%
A 0.00%
BBB 0.00%
BB 0.00%
B 0.00%
Below B 0.00%
Unrated 0.00%
RISK MEASURES (3 yrs)
vs NIFTY Ultra Short Duration Debt TR INR

Alpha -
Beta -
R-Squared -
Info Ratio -
Tracking Err -
Sortino 12.790
Sharpe 2.766
Std Dev 0.317
Risk Average
INVESTMENT OBJECTIVE

The investment objective of the Scheme is to generate regular income and capital appreciation by investing in a portfolio of short term debt and money market instruments with relatively lower interest rate risk such that Macaulay duration of the portfolio is between 3 months and 6 months.

You will not receive any dividends. Your investments will get the largest benefit of compounding.

View Factsheet
Top Ultra Short Duration Funds
NAME LATEST
NAV		 RETURNS
1y       		FUND
ASSETS 		EXPENSE
RATIO		 RISK
Birla new
Aditya Birla Sun Life Savings Fund Direct Plan Growth
558.406 8.34% 19,073 cr 0.33% Average
Reliance
Nippon India Ultra Short Duration Fund Direct Growth Option
4442.779 8.19% 8,578 cr 0.38% Below Average
Mirae
Mirae Asset Ultra Short Duration Fund Direct Growth
1322.666 8.10% 1,748 cr 0.16% Below Average
Axis
Axis Ultra Short Duration Fund Direct Growth
15.630 8.09% 6,508 cr 0.36% Average
Icici
ICICI Prudential Ultra Short Term Fund Direct Plan Growth
29.968 8.08% 16,269 cr 0.39% Average
Religare invesco mutual fund
Invesco India Ultra Short Duration Fund Direct Plan Growth
2878.956 8.00% 1,159 cr 0.24% Average
Uti
UTI - Ultra Short Duration Fund - Direct Plan - Growth Option
4548.321 7.99% 4,351 cr 0.35% Below Average
Best Ultra Short Duration Funds
NAME LATEST
NAV		 RETURNS
1y     		FUND
ASSETS		 Expense
RATIO		 RISK
Birla new
Aditya Birla Sun Life Savings Fund Direct Plan Growth
558.406 8.34% 19,073 cr 0.33% Average
Reliance
Nippon India Ultra Short Duration Fund Direct Growth Option
4442.779 8.19% 8,578 cr 0.38% Below Average
Dsp
DSP Ultra Short Fund Direct Plan Growth
3704.505 8.13% 4,179 cr 0.3% Average
Mirae
Mirae Asset Ultra Short Duration Fund Direct Growth
1322.666 8.10% 1,748 cr 0.16% Below Average
Tata
Tata Ultra Short Term Fund Direct Growth
14.896 8.09% 4,353 cr 0.28% Below Average
Axis
Axis Ultra Short Duration Fund Direct Growth
15.630 8.09% 6,508 cr 0.36% Average
Icici
ICICI Prudential Ultra Short Term Fund Direct Plan Growth
29.968 8.08% 16,269 cr 0.39% Average


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