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Home › Mutual Funds › Axis Mutual Fund › Axis Ultra Short Duration Fund Direct Pyt of Inc Dis cum Cap Wdrl
Latest NAV & returns of AXIS ASSET MANAGEMENT COMPANY LIMITED

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

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

NAV: ₹16.828 (0.021%)
NAV on August 13, 2026
Category Fixed income:
Ultra Short Duration
Interest rate sensitivity
Credit quality
Total Assets ₹4,949 cr
Turnover Ratio 401.42%
Expense Ratio 0.40%
Exit Load -
Returns
  • 1M: Positive return: 0.63%
  • 1Y: Positive return: 6.74%
  • 3M: Positive return: 1.93%
  • 3Y: Positive return: 7.47%
  • 6M: Positive return: 3.48%
  • 5Y: Positive return: 6.71%
Min Investment ₹100
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ADDITIONAL INFO
Fund Manager Sachin Jain (Since almost 6 years) Hardik Shah (Since almost 2 years)
ISIN INF846K01G15
Fund Family Axis
Launch Date September 10, 2018
Benchmark NIFTY Ultra Short Duration Debt TR INR
Avg. Maturity 0.48 years
Yield To Maturity (%) 7.12%

Asset Allocation

  • Debt: 35.9%
  • Cash: 63.8%
  • Other: 0.3%
CREDIT QUALITY (%)
AAA 71.79%
AA 28.21%
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 7.418
Sharpe 2.239
Std Dev 0.415
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
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₹ 4793.915 6.97% ₹ 10,200 cr 0.28% Below Average
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AXIS ASSET MANAGEMENT COMPANY LIMITED logo
Axis Ultra Short Duration Fund Direct Growth
₹ 16.827 6.74% ₹ 4,949 cr 0.40% Below Average
MIRAE ASSET GLOBAL INVESTMENTS (INDIA) PVT. LTD. logo
Mirae Asset Ultra Short Duration Fund Direct Growth
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ICICI PRUDENTIAL ASSET MANAGEMENT COMPANY LTD logo
ICICI Prudential Ultra Short Term Fund Direct Plan Growth
₹ 32.250 6.72% ₹ 14,352 cr 0.34% Average
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Invesco India Ultra Short Duration Fund Direct Plan Growth
₹ 3097.657 6.71% ₹ 1,002 cr 0.21% Average
ADITYA BIRLA SUN LIFE MUTUAL FUND logo
Aditya Birla Sun Life Savings Fund Direct Plan Growth
₹ 600.829 6.68% ₹ 17,816 cr 0.26% Above Average


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