Axis Ultra Short Duration Fund Direct Growth
Get the latest NAV of Axis Ultra Short Duration Fund Direct Growth. View historical returns compared to its benchmark and category average. Know which stocks and sectors the fund is investing in. Get an estimate of returns from the SIP and lump sum returns calculator. View detailed holding analysis and peer comparison. Get INDmoney ranking of the fund.
₹15.51
NAV as on 20 May 2025
6.78%/per year
Since Inception
▲▼
166 people have invested ₹ 62.5L in Axis Ultra Short Duration Fund Direct Growth in the last three months
Fund Performance
as on (20-May-25)
Peer comparison
Axis Ultra Short Duration Fund Returns Calculator
Calculate SIP and lumpsum returns based on historical performance
Total Investment
0
Profit
Total Corpus
0
Axis Ultra Short Duration Fund Asset Allocation
See fund asset allocation details as on (13-May-25)
Fund Distribution
as on (13-May-25)
Debt & Cash 99.7%
Axis Ultra Short Duration Fund Sector Allocation
See fund sector allocation details as on (13-May-25)
Sector Allocation
Debt & Cash 99.7%
Top 2 Sectors in April were Corporate, Government
Corporate
55%
Government
6%
Corporate
57%
Government
7%
Axis Ultra Short Duration Fund Direct Growth Overview
Get key fund statistics, minimum investment details, AUM, expense ratio, exit load, and tax treatment.
| Expense ratio | 0.36% |
Benchmark | NIFTY Ultra Short Duration Debt TR INR |
| AUM | ₹6122 Cr |
| Inception Date | 10 September, 2018 |
| Min Lumpsum/SIP | ₹5000/₹1000 |
| Exit Load | 0% |
| Lock In | No Lock-in |
TurnOver | 359.04% |
| STCG | Selling mutual fund within 36 months, gains taxed at slab rates. |
| LTCG | Holding over 3 years, gains taxed at slab rates without indexation. |
| Risk |   Moderate Risk |
About Axis Ultra Short Duration Fund
Axis Ultra Short Duration Fund Direct Growth is a debt fund. This fund was started on 10 September, 2018. The fund is managed by Hardik Shah, Sachin Jain. This fund is suitable to keep your money safe.
Key Parameters
- Axis Ultra Short Duration Fund Direct Growth has ₹6122 Cr worth of assets under management (AUM) as on Dec 1969 and is more than category average.
- The fund has an expense ratio 0.4.
Returns
Axis Ultra Short Duration Fund Direct Growth has given a CAGR return of 6.78% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 8.14%, 7.46% and 6.28% respectively.
Holdings
Axis Ultra Short Duration Fund Direct Growth has allocated its funds majorly in Corporate, Cash Equivalent, Government. Its top holdings are Small Industries Development Bank of India, Punjab National Bank, HDFC Bank Ltd., 182 DTB 12062025, Canara Bank
Taxation
As it is a ultra short duration mutual fund the taxation is as follows:If the fund is debt oriented i.e. asset allocation of more than 65% in debt instruments:Invested before 1 April 2023 and held for less than 24 months, STCG will be taxed at your income slab rate.Invested before 1 April 2023 and held for more than 24 months, LTCG will be taxed at 12.5%.Invested after 1 April 2023, capital gains will be taxed at your income slab rate.Dividends will always be taxed at slab rate.
Investment objective of Axis Ultra Short Duration Fund Direct Growth
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.
Minimum Investment and lockin period
Minimum investment for lump sum payment is INR 5000.00 and for SIP is INR 1000.00. Axis Ultra Short Duration Fund Direct Growth has no lock in period.
Fund Manager
Hardik Shah
Fund Manager of Axis Ultra Short Duration Fund Direct Growth, since 4 November 2024
Sachin Jain
Fund Manager of Axis Ultra Short Duration Fund Direct Growth, since 4 September 2020
- AUM of the fund stands at 6.1K Cr as of Apr'25
- AUM increased by 1.3K Cr between Apr'25 and Mar'25
More funds from Axis
5Y CAGR
▲ 7.01
3Y CAGR
▲ 8.91
1Y CAGR
▲ 11.94
5Y CAGR
▲ 6.97
Frequently Asked Questions for Axis Ultra Short Duration Fund Direct Growth
What is the current NAV of Axis Ultra Short Duration Fund Direct Growth?
What are the average returns of Axis Ultra Short Duration Fund Direct Growth?
Axis Ultra Short Duration Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 0.69% | 0.69% |
6 Month Returns | 4.07% | 4.07% |
1 Year Returns | 8.14% | 8.14% |
3 Years Returns | 24.1% | 7.46% |
How do I invest in Axis Ultra Short Duration Fund Direct Growth?
- Click Buy on the fund name.
- Input the amount you are looking to invest.
- Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
- Select your bank account and proceed with Payment.
What is the expense ratio of Axis Ultra Short Duration Fund Direct Growth?
What is net assets under management (AUM) of Axis Ultra Short Duration Fund Direct Growth?
What are the top 5 holdings of Axis Ultra Short Duration Fund Direct Growth?
What are the top 3 sectors that this Axis Ultra Short Duration Fund Direct Growth has invested in?
What is the yield to maturity ratio of Axis Ultra Short Duration Fund Direct Growth?
What is the modified duration of Axis Ultra Short Duration Fund Direct Growth?
What is the credit rating breakup of Axis Ultra Short Duration Fund Direct Growth?
AAA | 82.82 |
AA | 17.18 |