Latest NAV & returns of AXIS ASSET MANAGEMENT COMPANY LIMITED

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

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

NAV on May 22, 2026
Category Fixed income:
Ultra Short Duration
Interest rate sensitivity
Credit quality
Limited Sensitivity High Quality
Total Assets 5,521 cr
Turnover Ratio 401.42%
Expense Ratio 0.39%
Exit Load -
Returns
  • 1M: 0.11%
  • 1Y: 6.30%
  • 3M: 1.35%
  • 3Y: 7.11%
  • 6M: 2.82%
  • 5Y: 6.38%
Min Investment 100
ADDITIONAL INFO
Fund Manager Sachin Jain (Since over 5 years) Hardik Shah (Since over 1 year)
ISIN INF846K01F65
Fund Family Axis
Launch Date September 10, 2018
Benchmark NIFTY Ultra Short Duration Debt TR INR
Avg. Maturity 0.48 years
Yield To Maturity (%) 7.07%
ASSET ALLOCATION
CREDIT QUALITY (%)
AAA 75.63%
AA 24.37%
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 1.565
Sharpe 1.191
Std Dev 0.565
Risk Above 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.

View Factsheet

Top Ultra Short Duration Funds
NAME LATEST
NAV
RETURNS
1y      
FUND
ASSETS
EXPENSE
RATIO
RISK
4699.902 6.54% 11,083 cr 0.33% Low
15.748 6.49% 5,713 cr 0.25% Low
31.620 6.31% 15,929 cr 0.34% Below Average
16.494 6.30% 5,521 cr 0.39% Below Average
3037.313 6.27% 1,073 cr 0.24% Below Average
588.833 6.22% 19,985 cr 0.27% Average
47.347 6.13% 16,824 cr 0.36% Below Average
Best Ultra Short Duration Funds
NAME LATEST
NAV
RETURNS
1y    
FUND
ASSETS
Expense
RATIO
RISK
4699.902 6.54% 11,083 cr 0.33% Low
15.748 6.49% 5,713 cr 0.25% Low
31.620 6.31% 15,929 cr 0.34% Below Average
16.494 6.30% 5,521 cr 0.39% Below Average
3037.313 6.27% 1,073 cr 0.24% Below Average
1394.811 6.25% 1,420 cr 0.15% Average
588.833 6.22% 19,985 cr 0.27% Average


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