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

NAV on July 18, 2025
Category Fixed income:
Ultra Short Duration
Interest rate sensitivity
Credit quality
Limited Sensitivity High Quality
Total Assets 6,032 cr
Turnover Ratio 359.04%
Expense Ratio 0.38%
Exit Load -
Returns
  • 1M: 0.62%
  • 1Y: 8.06%
  • 3M: 1.94%
  • 3Y: 7.57%
  • 6M: 4.18%
  • 5Y: 6.27%
Min Investment 5,000
ADDITIONAL INFO
Fund Manager Sachin Jain (Since almost 5 years) Hardik Shah (Since 9 months)
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 (%) 6.55%
ASSET ALLOCATION
CREDIT QUALITY (%)
AAA 84.61%
AA 15.39%
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 13.323
Sharpe 2.866
Std Dev 0.300
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
561.085 8.36% 19,189 cr 0.33% Average
4462.776 8.14% 9,543 cr 0.38% Below Average
1328.641 8.07% 1,766 cr 0.16% Average
30.102 8.06% 16,051 cr 0.39% Average
15.700 8.06% 6,032 cr 0.38% Below Average
2891.701 7.98% 1,006 cr 0.24% Average
4568.498 7.97% 4,551 cr 0.35% Below Average
Best Ultra Short Duration Funds
NAME LATEST
NAV
RETURNS
1y    
FUND
ASSETS
Expense
RATIO
RISK
561.085 8.36% 19,189 cr 0.33% Average
4462.776 8.14% 9,543 cr 0.38% Below Average
3720.600 8.09% 3,882 cr 0.3% Average
1328.641 8.07% 1,766 cr 0.16% Average
30.102 8.06% 16,051 cr 0.39% Average
15.700 8.06% 6,032 cr 0.38% Below Average
14.962 8.05% 4,371 cr 0.28% Below Average


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