Home › Mutual Funds › Axis Mutual Fund › Axis Ultra Short Duration Fund Direct Growth
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

16.713 (0.028%)
NAV on July 03, 2026
Category Fixed income:
Ultra Short Duration
Interest rate sensitivity
Credit quality
Limited Sensitivity High Quality
Total Assets 6,168 cr
Turnover Ratio 401.42%
Expense Ratio 0.39%
Exit Load -
Returns
  • 1M: 1.05%
  • 1Y: 6.73%
  • 3M: 2.01%
  • 3Y: 7.50%
  • 6M: 3.48%
  • 5Y: 6.68%
Min Investment 100
Buy Now Start SIP
ADDITIONAL INFO
Fund Manager Sachin Jain (Since almost 6 years) Hardik Shah (Since over 1 year)
ISIN INF846K01F40
Fund Family Axis
Launch Date September 10, 2018
Benchmark NIFTY Ultra Short Duration Debt TR INR
Avg. Maturity 0.49 years
Yield To Maturity (%) 7.68%
ASSET ALLOCATION
CREDIT QUALITY (%)
AAA 73.59%
AA 26.41%
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 7.441
Sharpe 2.241
Std Dev 0.414
Risk Below 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
Reliance
Nippon India Ultra Short Duration Fund Direct Growth Option
4761.383 6.96% 10,938 cr 0.33% Below Average
Tata
Tata Ultra Short Term Fund Direct Growth
15.957 6.92% 5,454 cr 0.25% Average
Axis
Axis Ultra Short Duration Fund Direct Growth
16.713 6.73% 6,168 cr 0.39% Below Average
Icici
ICICI Prudential Ultra Short Term Fund Direct Plan Growth
32.038 6.70% 16,002 cr 0.34% Average
Religare invesco mutual fund
Invesco India Ultra Short Duration Fund Direct Plan Growth
3076.754 6.67% 1,197 cr 0.21% Average
Birla new
Aditya Birla Sun Life Savings Fund Direct Plan Growth
596.712 6.64% 19,611 cr 0.27% Above Average
Kotak
Kotak Savings Fund Direct Growth
47.939 6.48% 16,186 cr 0.37% Average


Other plans of Axis Ultra Short Duration Fund


Other Debt funds by Axis

Data Partner
Click here to visit AMC website and
read all scheme related documents Axis Fund