Latest NAV & returns of AXIS ASSET MANAGEMENT COMPANY LIMITED

Axis Ultra Short Duration Fund Direct Growth

Add To Compare

previously known as Axis Ultra Short Term Fund Dir Gr until

NAV on September 02, 2025
Category Fixed income:
Ultra Short Duration
Interest rate sensitivity
Credit quality
Limited Sensitivity High Quality
Total Assets 6,753 cr
Turnover Ratio 401.42%
Expense Ratio 0.38%
Exit Load -
Returns
  • 1M: 0.49%
  • 1Y: 7.88%
  • 3M: 1.69%
  • 3Y: 7.58%
  • 6M: 4.06%
  • 5Y: 6.29%
Min Investment 5,000
ADDITIONAL INFO
Fund Manager Sachin Jain (Since almost 5 years) Hardik Shah (Since 10 months)
ISIN INF846K01F40
Fund Family Axis
Launch Date September 10, 2018
Benchmark NIFTY Ultra Short Duration Debt TR INR
Avg. Maturity 0.51 years
Yield To Maturity (%) 6.53%
ASSET ALLOCATION
CREDIT QUALITY (%)
AAA 80.13%
AA 19.87%
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 13.890
Sharpe 2.977
Std Dev 0.286
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
565.135 8.16% 21,439 cr 0.33% Average
4496.080 7.97% 10,856 cr 0.38% Below Average
30.319 7.89% 16,956 cr 0.39% Average
15.814 7.88% 6,753 cr 0.38% Average
1338.018 7.84% 1,715 cr 0.17% Average
2911.967 7.77% 1,199 cr 0.24% Average
45.434 7.67% 15,498 cr 0.37% Average


Other plans of Axis Ultra Short Duration Fund


Other Debt funds by Axis