Fund Performance
Lumpsum
SIP
4.50
as on 28 Nov 20233 Years
Investment of ₹ 10,000 in this fund 3 Years back would be ₹ 11,412 today.
NAV Performance
Fund Information
-
₹ 13.211
as on 28 Nov 2023 -
Regular - Growth
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6 / 25
-
₹ 5,000
-
₹ 3,643 Cr.
as on 30 Apr 2023 -
1.19%
-
10 Sep 2018
-
CRISIL 10 Year Gilt Index
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Axis Mutual Fund
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Highlights of this fund
Axis Ultra Short Term Fund is an Open-ended Debt Fund. The fund belongs to Ultra Short Duration Fund category, where the investment is done in predominantly in stocks that are listed on Stock Exchanges like the Bombay Stock Exchange (BSE) or the National Stock Exchange (NSE) in India as well as Global stock exchanges like the Dow Jones, London Stock Exchange or LSE etc. This fund was started on 10 Sep 2018. This fund is offered by one of the top AMC (Assets Management Company) Axis Mutual Fund. You can also view here all other Debt funds offered by Axis Mutual Fund.
Latest NAV of the fund is ₹ 13.211 as on 28 Nov 2023.
This fund has 5 years of track record. Since 31 Mar 2023 expense ratio of this fund is 1.19%. Ideally you shoulds compare this fund with the benchmark CRISIL 10 Year Gilt Index.
You can invest in this fund in SIP with the minimum investment of ₹ 1,000. Lumpsum invest is offered with minimum investment of ₹ 5,000.
Fund Objective
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.
List of Fund Managers of Axis Ultra Short Term Fund
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About Sachin Jain
Mr. Jain is a B.Tech, AGMP (Management) Prior to joining Axis Asset Management Company Ltd., he has worked with Sundaram Mutual Fund, I- Cap, Sunidhi securities and Finance Ltd.
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About Aditya Pagaria
Mr. Pagaria is a Bachelor in Management Studies and holds a Post Graduate Diploma in Business Management from Institute Of Technology And Management, SK Somaiya College. Prior to joining Axis AMC he was associated with ICICI Prudential AMC (Nov 2011-Jul 2016) as Fund Manager - Fixed Income Operations.
Riskometer : Risk associated with this fund
Investors understand that their principal will be at Moderate Risk
Fund Return Comparison
| Fund Name | 1 Week | 1 Month | 3 Months | 6 Months | 1 Year | 2 Years | 3 Years | 5 Years | 10 Years | 1 Year | 2 Years | 3 Years | 5 Years | 10 Years |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Category Best | 0.20% | 0.62% | 4.53% | 6.41% | 7.25% | 5.91% | 6.28% | 6.81% | 7.79% | 7.20% | 6.67% | 6.14% | 5.84% | 6.69% |
| Category Average | 0.15% | 0.51% | 1.58% | 3.10% | 6.06% | 4.99% | 4.72% | 5.55% | 6.70% | 6.66% | 6.09% | 5.48% | 5.27% | 5.89% |
| Axis Ultra Short Term Fund | 0.18%₹ 10,017 | 0.55%₹ 10,055 | 1.53%₹ 10,153 | 3.14%₹ 10,314 | 6.54%₹ 10,653 | 6.50%₹ 12,418 | 5.18%₹ 11,066 | 5.92%₹ 25,498 | 4.50%₹ 11,412 | 5.26%₹ 38,998 | 5.38%₹ 12,997 | 5.02%₹ 68,127 | - | - |
| HDFC Ultra Short Term Fund | 0.19%₹ 10,018 | 0.57%₹ 10,057 | 1.63%₹ 10,163 | 3.37%₹ 10,336 | 6.93%₹ 10,693 | 6.92%₹ 12,446 | 5.55%₹ 11,143 | 6.32%₹ 25,600 | 4.87%₹ 11,535 | 5.64%₹ 39,225 | 5.87%₹ 13,302 | 5.48%₹ 68,919 | - | - |
| ICICI Prudential Ultra Short Term Fund | 0.19%₹ 10,018 | 0.57%₹ 10,057 | 1.63%₹ 10,162 | 3.36%₹ 10,335 | 6.93%₹ 10,693 | 6.91%₹ 12,445 | 5.60%₹ 11,153 | 6.33%₹ 25,602 | 5.05%₹ 11,595 | 5.72%₹ 39,268 | 6.13%₹ 13,467 | 5.67%₹ 69,244 | 7.79%₹ 21,178 | 6.67%₹ 1,69,105 |
| Aditya Birla Sun Life Savings Fund | 0.19%₹ 10,018 | 0.60%₹ 10,060 | 1.68%₹ 10,167 | 3.50%₹ 10,349 | 7.17%₹ 10,716 | 7.17%₹ 12,462 | 5.80%₹ 11,197 | 6.56%₹ 25,660 | 5.17%₹ 11,633 | 5.91%₹ 39,384 | 6.31%₹ 13,580 | 5.84%₹ 69,547 | 7.40%₹ 20,429 | 6.69%₹ 1,69,282 |
| SBI Magnum Ultra Short Duration Fund | 0.18%₹ 10,017 | 0.60%₹ 10,060 | 1.67%₹ 10,166 | 3.37%₹ 10,337 | 7.00%₹ 10,699 | 6.96%₹ 12,448 | 5.54%₹ 11,141 | 6.34%₹ 25,603 | 4.81%₹ 11,514 | 5.63%₹ 39,218 | 5.76%₹ 13,235 | 5.39%₹ 68,758 | 6.82%₹ 19,353 | 6.18%₹ 1,64,804 |
| Kotak Savings Fund | 0.16%₹ 10,016 | 0.53%₹ 10,053 | 1.57%₹ 10,156 | 3.27%₹ 10,327 | 6.83%₹ 10,682 | 6.77%₹ 12,436 | 5.48%₹ 11,128 | 6.21%₹ 25,571 | 4.71%₹ 11,480 | 5.53%₹ 39,156 | 5.67%₹ 13,176 | 5.29%₹ 68,591 | 6.86%₹ 19,414 | 6.11%₹ 1,64,243 |
Portfolio Holdings
Top Debt Instrument Type holdings of Axis Ultra Short Term Fund
| Instrument Type | Holding Percentage | Holding Values in Crore |
|---|---|---|
| NCD & Bonds | 27.27% | ₹ 1,424.90 Cr. |
| CP | 24.35% | ₹ 1,272.48 Cr. |
| CD | 20.18% | ₹ 1,053.41 Cr. |
| T-Bills | 15.83% | ₹ 826.72 Cr. |
| GOI | 5.50% | ₹ 287.74 Cr. |
| Others | 6.87% | - |
Top Debt Holdings of Axis Ultra Short Term Fund
| Name of Debt Instrument | Holding Percentage | Holding Values in Crore |
|---|---|---|
| Bond - T-Bill | 15.83% | ₹ 826.72 Cr. |
| Bond - Housing Development Finance Corporation Ltd. | 6.47% | ₹ 338.64 Cr. |
| Bond - Canara Bank | 6.17% | ₹ 322.24 Cr. |
| Bond - National Bank for Agriculture & Rural Development | 5.65% | ₹ 295.15 Cr. |
| Bond - Govt of India | 5.50% | ₹ 287.74 Cr. |
| Others | 60.38% |
Other Holdings
| Holding Type | Holding Percentage |
|---|---|
| TREPS | 4.35% |
| Net Receivables | 1.49% |
| Interest Rate Swaps | 0.00% |