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

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

Add To Compare

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

14.990 (0.015%)
NAV on December 20, 2024
Category Fixed income:
Ultra Short Duration
Interest rate sensitivity
Credit quality
Limited Sensitivity High Quality
Total Assets 6,050 cr
Turnover Ratio 359.04%
Expense Ratio 0.36%
Exit Load -
Returns
  • 1M: 0.58%
  • 1Y: 7.87%
  • 3M: 1.88%
  • 3Y: 6.77%
  • 6M: 3.79%
  • 5Y: 6.12%
Min Investment 5,000
Buy Now Start SIP
ADDITIONAL INFO
Fund Manager Sachin Jain (Since over 4 years) Hardik Shah (Since about 2 months)
ISIN INF846K01G07
Fund Family Axis
Launch Date September 10, 2018
Benchmark NIFTY Ultra Short Duration Debt TR INR
Avg. Maturity 0.46 years
Yield To Maturity (%) 7.56%
ASSET ALLOCATION
CREDIT QUALITY (%)
AAA 84.95%
AA 15.05%
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 2.872
Sharpe 1.753
Std Dev 0.472
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
Birla new
Aditya Birla Sun Life Savings Fund Direct Plan Growth
534.974 8.06% 15,890 cr 0.35% Average
Reliance
Nippon India Ultra Short Duration Fund Direct Growth Option
4259.029 7.99% 7,783 cr 0.38% Below Average
Mirae
Mirae Asset Ultra Short Duration Fund Direct Growth
1268.270 7.90% 1,667 cr 0.22% Below Average
Axis
Axis Ultra Short Duration Fund Direct Growth
14.989 7.89% 6,050 cr 0.36% Below Average
Icici
ICICI Prudential Ultra Short Term Fund Direct Plan Growth
28.730 7.87% 13,935 cr 0.39% Below Average
Uti
UTI - Ultra Short Duration Fund - Direct Plan - Growth Option
4365.585 7.81% 3,039 cr 0.33% Average
Religare invesco mutual fund
Invesco India Ultra Short Duration Fund Direct Plan Growth
2762.190 7.75% 1,387 cr 0.24% Average


Other plans of Axis Ultra Short Duration Fund


Other Debt funds by Axis

Data Partner
Click here to visit AMC website and
read all scheme related documents Axis Fund