Latest NAV & returns of AXIS ASSET MANAGEMENT COMPANY LIMITED

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

Add To Compare

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

NAV on March 31, 2025
Category Fixed income:
Ultra Short Duration
Interest rate sensitivity
Credit quality
Limited Sensitivity High Quality
Total Assets 5,297 cr
Turnover Ratio 359.04%
Expense Ratio 0.36%
Exit Load -
Returns
  • 1M: 0.80%
  • 1Y: 7.87%
  • 3M: 1.98%
  • 3Y: 7.10%
  • 6M: 3.87%
  • 5Y: 6.19%
Min Investment 5,000
ADDITIONAL INFO
Fund Manager Sachin Jain (Since over 4 years) Hardik Shah (Since 5 months)
ISIN INF846K01G15
Fund Family Axis
Launch Date September 10, 2018
Benchmark NIFTY Ultra Short Duration Debt TR INR
Avg. Maturity 0.51 years
Yield To Maturity (%) 7.70%
ASSET ALLOCATION
CREDIT QUALITY (%)
AAA 81.44%
AA 18.56%
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 3.063
Sharpe 1.726
Std Dev 0.436
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.

This fund may declare and pay out a dividend to you on a periodic basis, but only when it has the profits to do so.

View Factsheet

Top Ultra Short Duration Funds
NAME LATEST
NAV
RETURNS
1y      
FUND
ASSETS
EXPENSE
RATIO
RISK
4354.842 8.00% 7,364 cr 0.38% Below Average
546.651 7.99% 14,165 cr 0.34% Average
1296.638 7.93% 1,588 cr 0.18% Below Average
15.319 7.87% 5,297 cr 0.36% Below Average
2823.187 7.82% 1,337 cr 0.24% Average
4461.003 7.82% 3,385 cr 0.32% Average
29.358 7.81% 13,017 cr 0.39% Below Average
Best Ultra Short Duration Funds
NAME LATEST
NAV
RETURNS
1y    
FUND
ASSETS
Expense
RATIO
RISK
4354.842 8.00% 7,364 cr 0.38% Below Average
546.651 7.99% 14,165 cr 0.34% Average
1296.638 7.93% 1,588 cr 0.18% Below Average
3632.857 7.92% 3,165 cr 0.3% Average
14.606 7.88% 4,996 cr 0.3% Below Average
15.319 7.87% 5,297 cr 0.36% Below Average
29.358 7.81% 13,017 cr 0.39% Below Average


Other plans of Axis Ultra Short Duration Fund


Other Debt funds by Axis