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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

14.806 (0.019%)
NAV on October 17, 2024
Category Fixed income:
Ultra Short Duration
Interest rate sensitivity
Credit quality
Limited Sensitivity High Quality
Total Assets 5,202 cr
Turnover Ratio 359.04%
Expense Ratio 0.36%
Exit Load -
Returns
  • 1M: 0.70%
  • 1Y: 7.86%
  • 3M: 1.94%
  • 3Y: 6.55%
  • 6M: 3.82%
  • 5Y: 6.12%
Min Investment 5,000
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ADDITIONAL INFO
Fund Manager Aditya Pagaria (Since about 6 years) Sachin Jain (Since about 4 years)
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 2.636
Sharpe 1.610
Std Dev 0.505
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
4205.564 7.95% 7,257 cr 0.38% Below Average
Mirae
Mirae Asset Ultra Short Duration Fund Direct Growth
1252.718 7.89% 1,262 cr 0.20% Below Average
Birla new
Aditya Birla Sun Life Savings Fund Direct Plan Growth
527.781 7.88% 12,417 cr 0.36% Average
Axis
Axis Ultra Short Duration Fund Direct Growth
14.805 7.88% 5,202 cr 0.36% Below Average
Icici
ICICI Prudential Ultra Short Term Fund Direct Plan Growth
28.375 7.82% 13,757 cr 0.39% Below Average
Uti
UTI - Ultra Short Duration Fund - Direct Plan - Growth Option
4312.337 7.78% 2,651 cr 0.37% Average
Religare invesco mutual fund
Invesco India Ultra Short Duration Fund Direct Plan Growth
2728.073 7.68% 1,008 cr 0.24% 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
4205.564 7.95% 7,257 cr 0.38% Below Average
Mirae
Mirae Asset Ultra Short Duration Fund Direct Growth
1252.718 7.89% 1,262 cr 0.2% Below Average
Birla new
Aditya Birla Sun Life Savings Fund Direct Plan Growth
527.781 7.88% 12,417 cr 0.36% Average
Axis
Axis Ultra Short Duration Fund Direct Growth
14.805 7.88% 5,202 cr 0.36% Below Average
Dsp
DSP Ultra Short Fund Direct Plan Growth
3506.370 7.87% 2,780 cr 0.3% Below Average
Icici
ICICI Prudential Ultra Short Term Fund Direct Plan Growth
28.375 7.82% 13,757 cr 0.39% Below Average
Tata
Tata Ultra Short Term Fund Direct Growth
14.105 7.79% 2,974 cr 0.37% Below Average


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