Latest NAV & returns of AXIS ASSET MANAGEMENT COMPANY LIMITED

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

NAV on April 23, 2025
Category Fixed income:
Ultra Short Duration
Interest rate sensitivity
Credit quality
Limited Sensitivity High Quality
Total Assets 5,734 cr
Turnover Ratio 359.04%
Expense Ratio 0.36%
Exit Load -
Returns
  • 1M: 1.05%
  • 1Y: 8.01%
  • 3M: 2.23%
  • 3Y: 7.26%
  • 6M: 4.06%
  • 5Y: 6.23%
Min Investment 5,000
ADDITIONAL INFO
Fund Manager Sachin Jain (Since over 4 years) Hardik Shah (Since 6 months)
ISIN INF846K01G07
Fund Family Axis
Launch Date September 10, 2018
Benchmark NIFTY Ultra Short Duration Debt TR INR
Avg. Maturity 0.52 years
Yield To Maturity (%) 7.82%
ASSET ALLOCATION
CREDIT QUALITY (%)
AAA 81.83%
AA 18.17%
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.

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
550.762 8.19% 13,294 cr 0.34% Average
4383.908 8.14% 6,498 cr 0.38% Below Average
1305.066 8.06% 1,678 cr 0.17% Below Average
15.423 8.02% 5,734 cr 0.36% Below Average
29.558 7.95% 13,512 cr 0.39% Below Average
2841.465 7.94% 1,039 cr 0.24% Average
4489.475 7.92% 3,143 cr 0.37% Average


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