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Axis Ultra Short Term Fund

Axis Ultra Short Term Fund

Regular PlanGrowth Option

Fund Performance

Lumpsum

SIP

4.36

as on 12 Aug 2022

3 Years

Investment of ₹ 10,000 in this fund 3 Years back would be ₹ 11,370 today.

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NAV Performance

Axis Ultra Short Term Fund performance graph for last 3 years
Performance of Axis Ultra Short Term Fund for last 3 Years

Fund Information

  • ₹ 12.225

    as on 12 Aug 2022
  • Regular - Growth

  • 6 / 25

  • ₹ 5,000

  • ₹ 5,574 Cr.

    as on 31 Dec 2021
  • 1.18%

  • 10 Sep 2018

  • Debt - Ultra Short Duration Fund

  • CRISIL 10 Year Gilt Index

  • Axis Mutual Fund

    Show All Funds

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 ₹ 12.225 as on 12 Aug 2022.

This fund has 3 years of track record. Since 31 Oct 2021 expense ratio of this fund is 1.18%. 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

  • About Sachin Jain

    Picture of Sachin  Jain
  • About Aditya Pagaria

    Picture of Aditya PagariaMr. 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 0.14% 0.48% 4.53% 6.41% 6.17% 6.43% 6.23% 6.96% 7.73% 4.41% 5.73% 5.62% 5.94% 6.96%
Category Average 0.10% 0.36% 1.25% 1.91% 3.58% 3.70% 4.64% 5.54% 6.94% 3.68% 3.69% 4.02% 4.85% 6.09%
Axis Ultra Short Term Fund 0.09%₹ 10,008 0.36%₹ 10,035 1.14%₹ 10,113 1.71%₹ 10,171 3.23%₹ 10,322 3.44%₹ 12,221 3.45%₹ 10,702 3.36%₹ 24,842 4.36%₹ 11,370 3.71%₹ 38,098 - - - -
HDFC Ultra Short Term Fund 0.11%₹ 10,010 0.39%₹ 10,038 1.20%₹ 10,119 1.88%₹ 10,187 3.55%₹ 10,354 3.75%₹ 12,241 3.79%₹ 10,773 3.70%₹ 24,929 4.89%₹ 11,545 4.19%₹ 38,375 - - - -
ICICI Prudential Ultra Short Term Fund 0.10%₹ 10,010 0.40%₹ 10,039 1.23%₹ 10,123 1.91%₹ 10,190 3.78%₹ 10,378 3.91%₹ 12,251 4.22%₹ 10,862 3.97%₹ 24,999 5.30%₹ 11,682 4.51%₹ 38,558 6.14%₹ 13,478 5.51%₹ 68,976 7.61%₹ 20,840 6.96%₹ 1,71,656
Aditya Birla Sun Life Savings Fund 0.11%₹ 10,011 0.38%₹ 10,038 1.31%₹ 10,131 1.99%₹ 10,198 3.91%₹ 10,390 4.07%₹ 12,262 4.24%₹ 10,865 4.08%₹ 25,025 5.40%₹ 11,715 4.64%₹ 38,632 6.32%₹ 13,588 5.67%₹ 69,244 7.73%₹ 21,066 6.94%₹ 1,71,524
SBI Magnum Ultra Short Duration Fund 0.11%₹ 10,011 0.41%₹ 10,040 1.24%₹ 10,124 1.83%₹ 10,182 3.55%₹ 10,354 3.70%₹ 12,238 3.60%₹ 10,732 3.59%₹ 24,902 4.71%₹ 11,487 4.00%₹ 38,264 5.96%₹ 13,356 5.09%₹ 68,247 7.14%₹ 19,943 6.34%₹ 1,66,183
Kotak Savings Fund 0.10%₹ 10,009 0.38%₹ 10,038 1.23%₹ 10,122 1.87%₹ 10,186 3.51%₹ 10,350 3.77%₹ 12,242 3.54%₹ 10,720 3.57%₹ 24,897 4.63%₹ 11,461 3.96%₹ 38,241 5.74%₹ 13,222 4.98%₹ 68,059 7.18%₹ 20,020 6.31%₹ 1,65,977

Portfolio Holdings

Portfolio holdings pattern of Axis Ultra Short Term Fund as on 14 Aug 2022 are listed below:

  • Equity Holdings:

    0.00%
  • Debt Holdings:

    88.73%
  • Others Holdings:

    11.27%

Top Debt Instrument Type holdings of Axis Ultra Short Term Fund

Instrument TypeHolding PercentageHolding Values in Crore
CP 35.95% ₹ 1,805.25 Cr.
NCD & Bonds 30.21% ₹ 1,515.81 Cr.
CD 10.74% ₹ 538.79 Cr.
GOI 6.99% ₹ 350.42 Cr.
T-Bills 4.84% ₹ 242.76 Cr.
Others 11.27% -

Top Debt Holdings of Axis Ultra Short Term Fund

Name of Debt InstrumentHolding PercentageHolding Values in Crore
Bond - Govt of India 6.99% ₹ 350.42 Cr.
Bond - Reliance Retail Ventures Ltd. 5.95% ₹ 298.28 Cr.
Bond - Export Import Bank Of India 4.94% ₹ 247.92 Cr.
Bond - T-Bill 4.84% ₹ 242.76 Cr.
Bond - National Bank for Agriculture & Rural Development 3.52% ₹ 176.47 Cr.
Others 73.76%

Other Holdings

Holding TypeHolding Percentage
TREPS 8.91%
MF Units 2.00%
Net Receivables 0.36%