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Latest NAV & returns of AXIS ASSET MANAGEMENT COMPANY LIMITED

Axis Ultra Short Term Fund Direct Monthly Reinvst of Inc Dis cum Cap Wdrl

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previously known as Axis Ultra Short Dur Fd Dir Mn IDCW-R until

NAV on November 13, 2026
Category Fixed income:
Ultra Short Duration
Interest rate sensitivity
Credit quality
Total Assets ₹5,274 cr
Turnover Ratio 434.07%
Expense Ratio 0.36%
Exit Load -
Returns
  • 1M: Positive return: 0.46%
  • 1Y: Positive return: 6.87%
  • 3M: Positive return: 1.56%
  • 3Y: Positive return: 7.45%
  • 6M: Positive return: 3.52%
  • 5Y: Positive return: 6.89%
Min Investment ₹100
ADDITIONAL INFO
Fund Manager Sachin Jain (Since about 6 years) Hardik Shah (Since about 2 years)
ISIN INF846K01F81
Fund Family Axis
Launch Date September 10, 2018
Benchmark NIFTY Ultra Short Duration Debt TR INR
Avg. Maturity 0.48 years
Yield To Maturity (%) 7.25%

Asset Allocation

  • Debt: 38.2%
  • Cash: 61.5%
  • Other: 0.3%
CREDIT QUALITY (%)
AAA 73.82%
AA 26.18%
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 7.651
Sharpe 2.191
Std Dev 0.491
Risk 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
₹ 16.327 6.94% ₹ 5,712 cr 0.33% Below Average
₹ 4869.800 6.88% ₹ 12,146 cr 0.34% Below Average
₹ 3145.349 6.68% ₹ 1,665 cr 0.27% Average
₹ 17.089 6.67% ₹ 5,274 cr 0.36% Below Average
₹ 1444.774 6.61% ₹ 1,894 cr 0.23% Average
₹ 32.720 6.49% ₹ 14,629 cr 0.40% Average
₹ 609.764 6.46% ₹ 15,236 cr 0.32% Average

Best Ultra Short Duration Funds

Name Latest NAV Returns 1y   Fund Assets Expense Ratio Risk
₹ 16.327 6.94% ₹ 5,712 cr 0.33% Below Average
₹ 4869.800 6.88% ₹ 12,146 cr 0.34% Below Average
₹ 1475.466 6.73% ₹ 1,280 cr 0.25% Average
₹ 3145.349 6.68% ₹ 1,665 cr 0.27% Average
₹ 17.089 6.67% ₹ 5,274 cr 0.36% Below Average
₹ 1444.774 6.61% ₹ 1,894 cr 0.23% Average
₹ 4041.836 6.53% ₹ 3,749 cr 0.3% Average


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