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 March 13, 2025
Category Fixed income:
Ultra Short Duration
Interest rate sensitivity
Credit quality
Limited Sensitivity High Quality
Total Assets 5,595 cr
Turnover Ratio 359.04%
Expense Ratio 0.36%
Exit Load -
Returns
  • 1M: 0.49%
  • 1Y: 7.69%
  • 3M: 1.73%
  • 3Y: 7.02%
  • 6M: 3.67%
  • 5Y: 6.18%
Min Investment 5,000
ADDITIONAL INFO
Fund Manager Sachin Jain (Since over 4 years) Hardik Shah (Since 4 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 (%) 7.77%
ASSET ALLOCATION
CREDIT QUALITY (%)
AAA 78.82%
AA 21.18%
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 2.881
Sharpe 1.740
Std Dev 0.423
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
543.398 7.85% 14,988 cr 0.34% Average
4329.251 7.83% 7,545 cr 0.38% Below Average
1289.317 7.76% 1,602 cr 0.18% Below Average
15.229 7.69% 5,595 cr 0.36% Below Average
4436.140 7.66% 3,385 cr 0.33% Average
29.185 7.64% 13,589 cr 0.39% Below Average
2807.276 7.63% 1,337 cr 0.24% Average
Best Ultra Short Duration Funds
NAME LATEST
NAV
RETURNS
1y    
FUND
ASSETS
Expense
RATIO
RISK
543.398 7.85% 14,988 cr 0.34% Average
4329.251 7.83% 7,545 cr 0.38% Below Average
3613.138 7.77% 2,902 cr 0.3% Average
1289.317 7.76% 1,602 cr 0.18% Below Average
14.524 7.71% 5,209 cr 0.3% Below Average
15.229 7.69% 5,595 cr 0.36% Below Average
4436.140 7.66% 3,385 cr 0.33% Average


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