Latest NAV & returns of AXIS ASSET MANAGEMENT COMPANY LIMITED

Axis Ultra Short Term Fund Direct Growth

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NAV on May 17, 2024
Category Fixed income:
Ultra Short Duration
Interest rate sensitivity
Credit quality
Limited Sensitivity High Quality
Total Assets 4,651 cr
Turnover Ratio 392.97%
Expense Ratio 0.28%
Exit Load -
Returns
  • 1M: 0.57%
  • 1Y: 7.61%
  • 3M: 2.01%
  • 3Y: 6.02%
  • 6M: 3.87%
  • 5Y: 6.22%
Min Investment 5,000
ADDITIONAL INFO
Fund Manager Aditya Pagaria (Since over 5 years) Sachin Jain (Since over 3 years)
ISIN INF846K01F40
Fund Family Axis
Launch Date September 10, 2018
Benchmark NIFTY Ultra Short Duration Debt TR INR
Avg. Maturity 0.46 years
Yield To Maturity (%) 7.58%
ASSET ALLOCATION
CREDIT QUALITY (%)
AAA 85.61%
AA 14.39%
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 2.538
Sharpe 1.559
Std Dev 0.528
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.

You will not receive any dividends. Your investments will get the largest benefit of compounding.

View Factsheet

Top Ultra Short Duration Funds
NAME LATEST
NAV
RETURNS
1y      
FUND
ASSETS
EXPENSE
RATIO
RISK
511.325 7.66% 12,633 cr 0.39% Average
14.341 7.61% 4,651 cr 0.28% Below Average
27.499 7.59% 12,586 cr 0.39% Below Average
4178.243 7.51% 2,349 cr 0.43% High
14.227 7.48% 13,816 cr 0.36% Below Average
2643.987 7.45% 663 cr 0.24% Average
41.302 7.41% 13,375 cr 0.37% Below Average
Best Ultra Short Duration Funds
NAME LATEST
NAV
RETURNS
1y    
FUND
ASSETS
Expense
RATIO
RISK
4072.270 7.70% 5,654 cr 0.38% High
511.325 7.66% 12,633 cr 0.39% Average
14.341 7.61% 4,651 cr 0.28% Below Average
3398.298 7.60% 2,467 cr 0.31% Below Average
27.499 7.59% 12,586 cr 0.39% Below Average
1213.130 7.59% 1,464 cr 0.2% Low
13.670 7.58% 2,712 cr 0.37% Below Average


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