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

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

14.889 (0.022%)
NAV on November 14, 2024
Category Fixed income:
Ultra Short Duration
Interest rate sensitivity
Credit quality
N/A
Total Assets 6,019 cr
Turnover Ratio 359.04%
Expense Ratio 0.36%
Exit Load -
Returns
  • 1M: 0.62%
  • 1Y: 7.89%
  • 3M: 1.94%
  • 3Y: 6.66%
  • 6M: 3.87%
  • 5Y: 6.12%
Min Investment 5,000
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ADDITIONAL INFO
Fund Manager Sachin Jain (Since about 4 years) Hardik Shah (Since 15 days)
ISIN INF846K01G07
Fund Family Axis
Launch Date September 10, 2018
Benchmark NIFTY Ultra Short Duration Debt TR INR
Avg. Maturity 0.49 years
Yield To Maturity (%) 7.68%
ASSET ALLOCATION
CREDIT QUALITY (%)
AAA 84.82%
AA 15.18%
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 2.925
Sharpe 1.783
Std Dev 0.485
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.

Dividends that would otherwise be paid out to investors are instead used to purchase more units in the fund. Not as tax efficient as Growth.

View Factsheet
Top Ultra Short Duration Funds
NAME LATEST
NAV		 RETURNS
1y       		FUND
ASSETS 		EXPENSE
RATIO		 RISK
Reliance
Nippon India Ultra Short Duration Fund Direct Growth Option
4229.512 7.99% 7,914 cr 0.38% Below Average
Birla new
Aditya Birla Sun Life Savings Fund Direct Plan Growth
530.953 7.96% 15,098 cr 0.36% Average
Mirae
Mirae Asset Ultra Short Duration Fund Direct Growth
1259.840 7.94% 1,585 cr 0.21% Below Average
Axis
Axis Ultra Short Duration Fund Direct Growth
14.888 7.91% 6,019 cr 0.36% Below Average
Icici
ICICI Prudential Ultra Short Term Fund Direct Plan Growth
28.536 7.87% 14,206 cr 0.39% Below Average
Uti
UTI - Ultra Short Duration Fund - Direct Plan - Growth Option
4336.467 7.83% 3,046 cr 0.33% Average
Hdfc
HDFC Ultra S/T Fund Direct Growth
14.759 7.77% 14,802 cr 0.37% Average
Best Ultra Short Duration Funds
NAME LATEST
NAV		 RETURNS
1y     		FUND
ASSETS		 Expense
RATIO		 RISK
Reliance
Nippon India Ultra Short Duration Fund Direct Growth Option
4229.512 7.99% 7,914 cr 0.38% Below Average
Birla new
Aditya Birla Sun Life Savings Fund Direct Plan Growth
530.953 7.96% 15,098 cr 0.36% Average
Mirae
Mirae Asset Ultra Short Duration Fund Direct Growth
1259.840 7.94% 1,585 cr 0.21% Below Average
Axis
Axis Ultra Short Duration Fund Direct Growth
14.888 7.91% 6,019 cr 0.36% Below Average
Icici
ICICI Prudential Ultra Short Term Fund Direct Plan Growth
28.536 7.87% 14,206 cr 0.39% Below Average
Tata
Tata Ultra Short Term Fund Direct Growth
14.186 7.84% 3,363 cr 0.29% Below Average
Uti
UTI - Ultra Short Duration Fund - Direct Plan - Growth Option
4336.467 7.83% 3,046 cr 0.33% Average


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