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Latest NAV & returns of AXIS ASSET MANAGEMENT COMPANY LIMITED

Axis Ultra Short Term Fund Direct Growth

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13.841 (0.014%)
NAV on December 01, 2023
Category Fixed income:
Ultra Short Duration
Interest rate sensitivity
Credit quality
Limited Sensitivity High Quality
Total Assets 4,827 cr
Turnover Ratio 392.97%
Expense Ratio 0.31%
Exit Load -
Returns
  • 1M: 0.58%
  • 1Y: 7.46%
  • 3M: 1.71%
  • 3Y: 5.43%
  • 6M: 3.53%
  • 5Y: 6.32%
Min Investment 5,000
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ADDITIONAL INFO
Fund Manager Aditya Pagaria (Since about 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 0.42 years
Yield To Maturity (%) 7.70%
ASSET ALLOCATION
CREDIT QUALITY (%)
AAA 88.36%
AA 11.64%
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 2.306
Sharpe 1.435
Std Dev 0.498
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
Axis
Axis Ultra Short Term Fund Direct Growth
13.841 7.46% 4,827 cr 0.31% Below Average
Icici
ICICI Prudential Ultra Short Term Fund Direct Plan Growth
26.542 7.40% 12,994 cr 0.39% Below Average
Birla new
Aditya Birla Sun Life Savings Fund Direct Plan Growth
493.301 7.35% 13,755 cr 0.34% Average
Religare invesco mutual fund
Invesco India Ultra Short Term Fund Direct Plan Growth
2554.346 7.31% 733 cr 0.24% Average
Uti
UTI - Ultra Short Duration Fund - Direct Plan - Growth Option
4034.776 7.29% 2,240 cr 0.43% High
Hdfc
HDFC Ultra S/T Fund Direct Growth
13.740 7.29% 12,997 cr 0.36% Average
Kotak
Kotak Savings Fund Direct Growth
39.893 7.27% 13,154 cr 0.36% Below 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
3929.074 7.53% 5,953 cr 0.37% High
Axis
Axis Ultra Short Term Fund Direct Growth
13.841 7.46% 4,827 cr 0.31% Below Average
Dsp
DSP Ultra Short Fund Direct Plan Growth
3283.346 7.46% 2,799 cr 0.3% Below Average
Baroda and pioneer
Baroda BNP Paribas Ultra Short Duration Fund Direct Growth
1388.713 7.42% 1,620 cr 0.3% Average
Icici
ICICI Prudential Ultra Short Term Fund Direct Plan Growth
26.542 7.40% 12,994 cr 0.39% Below Average
Tata
Tata Ultra Short Term Fund Direct Growth
13.199 7.39% 2,182 cr 0.25% Below Average
Birla new
Aditya Birla Sun Life Savings Fund Direct Plan Growth
493.301 7.35% 13,755 cr 0.34% Average


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