Latest NAV & returns of AXIS ASSET MANAGEMENT COMPANY LIMITED

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

Add To Compare

previously known as Axis Ultra Short Term Fund Dir DR until

NAV on June 19, 2024
Category Fixed income:
Ultra Short Duration
Interest rate sensitivity
Credit quality
Limited Sensitivity High Quality
Total Assets 5,152 cr
Turnover Ratio 392.97%
Expense Ratio 0.28%
Exit Load -
Returns
  • 1M: 0.67%
  • 1Y: 7.60%
  • 3M: 1.97%
  • 3Y: 6.13%
  • 6M: 3.94%
  • 5Y: 6.19%
Min Investment 5,000
ADDITIONAL INFO
Fund Manager Aditya Pagaria (Since almost 6 years) Sachin Jain (Since almost 4 years)
ISIN INF846K01G07
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 2.489
Sharpe 1.542
Std Dev 0.526
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.

Dividends that would otherwise be paid out to investors are instead used to purchase more units in the fund. Not as tax efficient as Growth.

View Factsheet

Top Ultra Short Duration Funds
NAME LATEST
NAV
RETURNS
1y      
FUND
ASSETS
EXPENSE
RATIO
RISK
514.674 7.63% 13,580 cr 0.34% Average
14.438 7.61% 5,152 cr 0.28% Below Average
27.685 7.60% 12,497 cr 0.39% Below Average
4205.555 7.52% 2,515 cr 0.43% High
14.322 7.48% 14,315 cr 0.36% Below Average
2661.892 7.48% 709 cr 0.24% Average
41.574 7.42% 12,841 cr 0.36% Below Average


Other plans of Axis Ultra Short Term Fund


Other Debt funds by Axis