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Latest NAV & returns of AXIS ASSET MANAGEMENT COMPANY LIMITED

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

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

10.028 (-0.035%)
NAV on March 13, 2026
Category Fixed income:
Ultra Short Duration
Interest rate sensitivity
Credit quality
Limited Sensitivity High Quality
Total Assets 5,824 cr
Turnover Ratio 401.42%
Expense Ratio 0.38%
Exit Load -
Returns
  • 1M: 0.23%
  • 1Y: 7.00%
  • 3M: 1.28%
  • 3Y: 7.46%
  • 6M: 2.90%
  • 5Y: 6.43%
Min Investment 100
ADDITIONAL INFO
Fund Manager Sachin Jain (Since over 5 years) Hardik Shah (Since over 1 year)
ISIN INF846K01F81
Fund Family Axis
Launch Date September 10, 2018
Benchmark NIFTY Ultra Short Duration Debt TR INR
Avg. Maturity 0.48 years
Yield To Maturity (%) 7.23%
ASSET ALLOCATION
CREDIT QUALITY (%)
AAA 74.65%
AA 25.35%
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 11.794
Sharpe 3.037
Std Dev 0.319
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.

View Factsheet
Top Ultra Short Duration Funds
NAME LATEST
NAV		 RETURNS
1y       		FUND
ASSETS 		EXPENSE
RATIO		 RISK
Birla new
Aditya Birla Sun Life Savings Fund Direct Plan Growth
583.162 7.32% 21,467 cr 0.33% Average
Reliance
Nippon India Ultra Short Duration Fund Direct Growth Option
4644.448 7.28% 10,672 cr 0.38% Below Average
Icici
ICICI Prudential Ultra Short Term Fund Direct Plan Growth
31.283 7.19% 16,816 cr 0.39% Average
Axis
Axis Ultra Short Duration Fund Direct Growth
16.313 7.12% 5,824 cr 0.38% Below Average
Kotak
Kotak Savings Fund Direct Growth
46.895 7.12% 16,105 cr 0.36% Average
Religare invesco mutual fund
Invesco India Ultra Short Duration Fund Direct Plan Growth
3001.526 6.92% 1,292 cr 0.24% Below Average
Pgim india
PGIM India Ultra Short Duration Fund Direct Plan Growth
37.059 6.57% 165 cr 0.45% Below Average


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