Latest NAV & returns of AXIS ASSET MANAGEMENT COMPANY LIMITED

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

Add To Compare

previously known as Axis Ultra Short Term Fund Dir DP until

NAV on June 01, 2023
Category Fixed income:
Ultra Short Duration
Interest rate sensitivity
Credit quality
Limited Sensitivity High Quality
Total Assets 5,371 cr
Turnover Ratio 174.42%
Expense Ratio 0.31%
Exit Load -
Returns
  • 1M: 0.71%
  • 1Y: 6.77%
  • 3M: 2.09%
  • 3Y: 5.23%
  • 6M: 3.80%
  • 5Y: N/A
Min Investment 5,000
ADDITIONAL INFO
Fund Manager Aditya Pagaria (Since over 4 years) Sachin Jain (Since over 2 years)
ISIN INF846K01G15
Fund Family Axis
Launch Date September 10, 2018
Benchmark NIFTY Ultra Short Duration Debt TR INR
Avg. Maturity 0.42 years
Yield To Maturity (%) 7.42%
ASSET ALLOCATION
CREDIT QUALITY (%)
AAA 95.34%
AA 4.66%
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 -
Sharpe -
Std Dev 0.471
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.

This fund may declare and pay out a dividend to you on a periodic basis, but only when it has the profits to do so.

View Factsheet

Top Ultra Short Duration Funds
NAME LATEST
NAV
RETURNS
1y      
FUND
ASSETS
EXPENSE
RATIO
RISK
25.639 6.71% 12,960 cr 0.39% Average
476.484 6.58% 14,516 cr 0.34% Above Average
38.565 6.56% 12,181 cr 0.37% Average
3898.251 6.50% 2,354 cr 0.45% High
30.651 6.48% 372 cr 0.27% Below Average
Best Ultra Short Duration Funds
NAME LATEST
NAV
RETURNS
1y    
FUND
ASSETS
Expense
RATIO
RISK
3793.067 6.89% 5,146 cr 0.37% High
1340.957 6.82% 555 cr 0.22% Below Average
13.370 6.77% 5,371 cr 0.31% Below Average
25.639 6.71% 12,960 cr 0.39% Average
2512.095 6.64% 704 cr 0.17% Low
12.746 6.60% 1,877 cr 0.25% Low
476.484 6.58% 14,516 cr 0.34% Above Average


Other plans of Axis Ultra Short Term Fund


Other Debt funds by Axis