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 02, 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: 0.67%
  • 1Y: 6.79%
  • 3M: 2.11%
  • 3Y: 5.24%
  • 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 INF846K01G07
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 4.231
Sharpe 2.089
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.

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
25.645 6.72% 12,960 cr 0.39% Average
476.596 6.60% 14,516 cr 0.34% Average
38.574 6.57% 12,181 cr 0.37% Average
3899.124 6.52% 2,354 cr 0.45% High
30.659 6.51% 372 cr 0.27% Below Average
Best Ultra Short Duration Funds
NAME LATEST
NAV
RETURNS
1y    
FUND
ASSETS
Expense
RATIO
RISK
3793.955 6.91% 5,146 cr 0.37% High
1341.299 6.85% 555 cr 0.22% Below Average
13.373 6.79% 5,371 cr 0.31% Below Average
25.645 6.72% 12,960 cr 0.39% Average
2512.654 6.65% 704 cr 0.17% Low
12.749 6.61% 1,877 cr 0.25% Below Average
476.596 6.60% 14,516 cr 0.34% Average


Other plans of Axis Ultra Short Term Fund


Other Debt funds by Axis