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 October 20, 2025
Category Fixed income:
Ultra Short Duration
Interest rate sensitivity
Credit quality
Limited Sensitivity High Quality
Total Assets 4,554 cr
Turnover Ratio 401.42%
Expense Ratio 0.38%
Exit Load -
Returns
  • 1M: 0.58%
  • 1Y: 7.73%
  • 3M: 1.60%
  • 3Y: 7.68%
  • 6M: 3.57%
  • 5Y: 6.32%
Min Investment 5,000
ADDITIONAL INFO
Fund Manager Sachin Jain (Since about 5 years) Hardik Shah (Since 12 months)
ISIN INF846K01F40
Fund Family Axis
Launch Date September 10, 2018
Benchmark NIFTY Ultra Short Duration Debt TR INR
Avg. Maturity 0.57 years
Yield To Maturity (%) 6.95%
ASSET ALLOCATION
CREDIT QUALITY (%)
AAA 72.65%
AA 27.35%
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 22.528
Sharpe 3.262
Std Dev 0.258
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
570.171 8.01% 21,367 cr 0.34% Average
4535.717 7.83% 10,507 cr 0.38% Below Average
30.590 7.79% 14,697 cr 0.39% Average
15.952 7.73% 4,554 cr 0.38% Below Average
1349.572 7.71% 1,585 cr 0.16% Below Average
2936.366 7.62% 1,231 cr 0.24% Below Average
45.825 7.56% 15,340 cr 0.37% Average
Best Ultra Short Duration Funds
NAME LATEST
NAV
RETURNS
1y    
FUND
ASSETS
Expense
RATIO
RISK
570.171 8.01% 21,367 cr 0.34% Average
4535.717 7.83% 10,507 cr 0.38% Below Average
30.590 7.79% 14,697 cr 0.39% Average
15.202 7.76% 4,015 cr 0.29% Low
3777.995 7.73% 3,467 cr 0.3% Average
15.952 7.73% 4,554 cr 0.38% Below Average
1349.572 7.71% 1,585 cr 0.16% Below Average


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