Debt Generate Interest income and beat FD returns
Ultra Short Duration Fund
Category Rank
Axis Ultra Short Term Fund - Regular Plan Growth
Rating
Fund
Time to Invest
Axis Ultra Short Term Fund - Regular Plan Growth
NAV
13.0727
(26/09/2023)
L 52Wk H
12.28
13.07
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Axis Ultra Short Term Fund - Regular Plan Growth

Debt
Ultra Short Duration Fund
Generate Interest income and beat FD returns
Rank Axis Ultra Short Term Fund - Regular Plan Growth
Fund
NAV
13.0727
(26/09/2023)
Time to Invest
Axis Ultra Short Term Fund - Regular Plan Growth
Rating
L 52Wk H
12.28
13.07
Investment Objective

The investment objective of the Scheme is to generate regular income and capital appreciation byinvesting in a portfolio of short term debt and money market instruments with relatively lower interestrate risk such that Macaulay duration of the portfolio is between 3 months and 6 months. .

Category
  • Debt - Ultra Short Duration Fund
Benchmark
  • NIFTY Ultra Short Duration Debt Index
Returns
Absolute
1M
0.53%
3M
1.54%
6M
3.40%
Annualised
1Y
6.45%
3Y
4.43%
5Y
5.46%
Historical NAV
NAV for scheme Axis Ultra Short Term Fund - Regular Plan Growth is
Growth of 10,000
An investment of 10000 for in this scheme would have grown to Rs.

Risk of the fund

Axis Ultra Short Term Fund - Regular Plan Growth

AUM

4893.72 Cr
Axis Ultra Short Term Fund - Regular Plan Growth AUM is 20% higher than other schemes in the category

Load

Entry Load - NIL
Exit Load - Nil
Lock In Period - NIL

Expense Ratio

1.19%

Turnover Ratio

NA