Latest NAV & returns of AXIS ASSET MANAGEMENT COMPANY LIMITED

Axis Ultra Short Duration Fund Direct Monthly Pyt of Inc Dis cum Cap Wdrl

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previously known as Axis Ultra Short Term Fund Dir Mn IDCW-P until

NAV on January 31, 2026
Category Fixed income:
Ultra Short Duration
Interest rate sensitivity
Credit quality
Limited Sensitivity High Quality
Total Assets 5,356 cr
Turnover Ratio 401.42%
Expense Ratio 0.38%
Exit Load -
Returns
  • 1M: 0.35%
  • 1Y: 7.19%
  • 3M: 1.37%
  • 3Y: 7.53%
  • 6M: 2.98%
  • 5Y: 6.40%
Min Investment 100
ADDITIONAL INFO
Fund Manager Sachin Jain (Since over 5 years) Hardik Shah (Since about 1 year)
ISIN INF846K01F99
Fund Family Axis
Launch Date September 10, 2018
Benchmark NIFTY Ultra Short Duration Debt TR INR
Avg. Maturity 0.56 years
Yield To Maturity (%) 6.90%
ASSET ALLOCATION
CREDIT QUALITY (%)
AAA 79.25%
AA 20.75%
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 10.928
Sharpe 2.877
Std Dev 0.324
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.

View Factsheet

Top Ultra Short Duration Funds
NAME LATEST
NAV
RETURNS
1y      
FUND
ASSETS
EXPENSE
RATIO
RISK
4609.694 7.34% 11,060 cr 0.38% Below Average
578.707 7.33% 23,785 cr 0.34% Average
31.059 7.26% 19,738 cr 0.39% Average
16.198 7.21% 5,356 cr 0.38% Average
46.527 7.09% 16,008 cr 0.36% Average
2980.658 7.05% 1,234 cr 0.24% Below Average
36.822 6.71% 175 cr 0.45% Low
Best Ultra Short Duration Funds
NAME LATEST
NAV
RETURNS
1y    
FUND
ASSETS
Expense
RATIO
RISK
4609.694 7.34% 11,060 cr 0.38% Below Average
578.707 7.33% 23,785 cr 0.34% Average
31.059 7.26% 19,738 cr 0.39% Average
16.198 7.21% 5,356 cr 0.38% Average
15.441 7.20% 6,031 cr 0.29% Below Average
3833.428 7.18% 3,972 cr 0.3% Average
1369.573 7.10% 2,067 cr 0.18% Below Average


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