1 Lakh
Investment Grown to₹ 10000
Monthly SIP Grown toSuitability:
"Ultra Short Duration debt funds invest in bonds maturing in three to six months. They aim to earn slightly better returns than what you can get from a bank account or a short duration fixed deposit. The risk of incurring a loss in these funds over the said timeframe is low but they do not guarantee returns or safety of capital.
Such funds are usually more suited to institutional investors. Retail investors can avoid these funds altogether. Here's why. Debt funds are very finely classified depending upon the maturity of the bonds they invest in. For instance, there's a different category of funds that invests in bonds of up to three months maturity, from the one that invests in bonds maturing in three to six months, and so on. We believe that such a nuanced classification adds little value to retail investors. They can avoid this complexity and simply invest the money they don't need for up to a year in a Liquid fund.
If you do decide to invest in them, remember that these funds usually deliver low returns which are only marginally higher than your bank account. They are not suitable if your aim is to build wealth in the long run."
Taxability of earnings:
Capital gains
Dividends
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YTD | 1-Day | 1-W | 1-M | 3-M | 6-M | 1-Y | 3-Y | 5-Y | 7-Y | 10-Y | |
---|---|---|---|---|---|---|---|---|---|---|---|
Axis Ultra Short Term Fund Reg-G | 0.95 | -0.02 | 0.00 | -0.01 | 0.55 | 1.34 | 2.93 | 4.69 | -- | -- | -- |
CCIL T Bill Liquidity Weight* | 0.55 | 0.03 | 0.00 | -0.04 | 0.32 | 0.83 | 1.91 | 2.81 | -- | -- | -- |
Debt: Ultra Short Duration* | 0.97 | -0.01 | 0.01 | 0.02 | 0.58 | 1.39 | 3.28 | 4.76 | -- | -- | -- |
Rank within category* | 17 | 26 | 21 | 21 | 20 | 19 | 20 | 11 | -- | -- | -- |
Number of funds in category* | 27 | 27 | 27 | 27 | 27 | 27 | 27 | 21 | 14 | 14 | 13 |
As on 13-May-2022
* As on 16-May-2022
Fund name | Rating | Launch Date | 1-Year Return | 3-Year Return | 5-Year Return | Expense Ratio | Assets (Cr) |
---|---|---|---|---|---|---|---|
Axis Ultra Short Term Fund - Regular Plan | Sep-18 | 2.93 | 4.69 | -- | 1.18% | 7,205 | |
Aditya Birla Sun Life Savings Fund | Invest Online | Nov-01 | 3.66 | 5.77 | 6.51 | 0.49% | 16,314 | |
SBI Magnum Ultra Short Duration Fund | Invest Online | May-99 | 3.18 | 5.06 | 6.04 | 0.49% | 14,144 | |
HDFC Ultra Short Term Fund - Regular Plan | Invest Online | Sep-18 | 3.28 | 5.24 | -- | 0.64% | 14,076 | |
ICICI Prudential Ultra Short Term Fund | Invest Now | May-11 | 3.59 | 5.67 | 6.34 | 0.87% | 13,266 |
Best Performance | Worst Performance | |||
---|---|---|---|---|
Return (%) | Period | Return (%) | Period | |
Week | 1.19 | 24-Mar-2020 - 31-Mar-2020 | -0.65 | 17-Mar-2020 - 24-Mar-2020 |
Month | 1.62 | 24-Mar-2020 - 23-Apr-2020 | -0.56 | 25-Feb-2020 - 26-Mar-2020 |
Quarter | 2.63 | 24-Mar-2020 - 24-Jun-2020 | 0.35 | 24-Dec-2019 - 24-Mar-2020 |
Year | 8.22 | 02-Nov-2018 - 04-Nov-2019 | 2.93 | 12-May-2021 - 13-May-2022 |
Mean | Std Dev | Sharpe | Sortino | Beta | Alpha | |
---|---|---|---|---|---|---|
Axis Ultra Short Term Fund Reg-G | 4.75 | 0.65 | 1.90 | 5.61 | 1.10 | 1.96 |
CCIL T Bill Liquidity Weight | 2.86 | 0.36 | -1.85 | -5.13 | -- | -- |
Debt: Ultra Short Duration | 4.80 | 1.07 | 1.54 | 4.68 | 1.09 | 2.01 |
Rank within category | 11 | 9 | 9 | 10 | 6 | 12 |
Number of funds in category | 21 | 21 | 21 | 21 | 21 | 21 |
The Risk Measures have been calculated using calendar month returns for the last three years.
As on 30-Apr-2022
Fund | 1Y High | 1Y Low | Category | |
---|---|---|---|---|
Number of Securities | 86 | 106 | 74 | 41 |
Modified Duration (yrs) | 0.40 | 0.48 | 0.30 | 0.35 |
Average Maturity (yrs) | 0.41 | 0.50 | 0.31 | 0.38 |
Yield to Maturity (%) | 4.71 | 4.74 | 3.88 | 4.51 |
Avg Credit Rating | AAA | -- | -- | -- |
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Company | Instrument | Credit Rating | 1Y Range | % Assets | |
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Reserve Bank of India 182-D 29/09/2022 | Treasury Bills | SOV | 0.00 - 4.09 | 4.09 |
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Reliance Jio Infocomm 178-D 19/09/2022 | Commercial Paper | A1+ | 0.00 - 3.75 | 3.75 |
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Reliance Retail Ventures 182-D 07/09/2022 | Commercial Paper | A1+ | 0.00 - 4.16 | 2.73 |
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Reserve Bank of India 182-D 15/09/2022 | Treasury Bills | SOV | 0.00 - 2.73 | 2.73 |
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Reserve Bank of India 182-D 12/10/2022 | Treasury Bills | SOV | 0.00 - 2.72 | 2.72 |
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7.70% L&T Finance 2022 | Debenture | AAA | 0.00 - 2.10 | 2.10 |
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Canara Bank 22/08/2022 | Certificate of Deposit | A1+ | 0.00 - 3.13 | 2.05 |
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National Bank Agr. Rur. Devp 175-D 30/08/2022 | Commercial Paper | A1+ | 0.00 - 3.13 | 2.05 |
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8.35% GOI 2022 | GOI Securities | SOV | 0.00 - 3.09 | 2.02 |
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7.42% LIC Housing Fin. 15/07/2022 | Bonds/NCDs | AAA | 0.00 - 1.88 | 1.88 |
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HDFC Bank 2023 | Certificate of Deposit | A1+ | 0.00 - 3.01 | 1.80 |
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Reserve Bank of India 182-D 11/08/2022 | Treasury Bills | SOV | 0.00 - 1.78 | 1.78 |
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Reserve Bank of India 182-D 20/10/2022 | Treasury Bills | SOV | 0.00 - 1.77 | 1.77 |
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Jamnagar Utilities and Power 243-D 21/06/2022 | Commercial Paper | A1+ | 0.00 - 2.63 | 1.73 |
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Tata Capital Housing Finance 347-D 28/06/2022 | Commercial Paper | A1+ | 0.00 - 2.63 | 1.72 |
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7.35% Power Finance Corporation 15/10/2022 | Debenture | AAA | 0.00 - 2.33 | 1.52 |
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9.02% REC 19/11/2022 | Bonds | AAA | 0.00 - 1.42 | 1.42 |
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Axis Money Market Fund Direct-G | Mutual Fund | -- | 0.00 - 2.15 | 1.41 |
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7.45% LIC Housing Fin. 17/10/2022 | Debenture | AAA | 0.00 - 2.15 | 1.40 |
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Reserve Bank of India 91-D 05/05/2022 | Treasury Bills | SOV | 0.00 - 2.11 | 1.39 |
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Hindustan Petroleum Corporation 82-D 28/06/2022 | Commercial Paper | A1+ | 0.00 - 1.38 | 1.38 |
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Canara Bank 2022 | Certificate of Deposit | A1+ | 0.00 - 2.10 | 1.38 |
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Reserve Bank of India 182-D 28/07/2022 | Treasury Bills | SOV | 0.00 - 2.10 | 1.37 |
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HDFC Bank 2022 | Certificate of Deposit | A1+ | 0.00 - 1.37 | 1.37 |
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Reliance Retail Ventures 172-D 30/08/2022 | Commercial Paper | A1+ | 0.00 - 2.08 | 1.37 |
Indicates an increase or decrease or no change in holding since last portfolio
Indicates a new holding since last portfolio
As on 30-Apr-2022
— Aditya Pagaria since 27-Aug-2018
Education: 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.
Experience: Prior to joining Axis AMC he was associated with ICICI Prudential AMC (Nov 2011-Jul 2016) as Fund Manager - Fixed Income Operations.
Funds Managed:
— Sachin Jain since 04-Sep-2020
Education: Mr. Jain is a B.Tech, AGMP (Management)
Experience: Prior to joining Axis Asset Management Company Ltd., he has worked with Sundaram Mutual Fund, I- Cap, Sunidhi securities and Finance Ltd.
Funds Managed:
The Scheme seeks 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.
Min. Investment (₹) | 5,000 |
Min. Addl Investment (₹) | 100 |
Min. SIP Investment (₹) | 1,000 |
Min. No of Cheques | 6 |
Min. Withdrawal (₹) | -- |
Min. Balance (₹) | 1 |
Lock-in Period | Not Applicable |
Exit Load | 0 |
Fund House: | Axis Mutual Fund |
Launch Date: | 10-Sep-2018 |
Return Since Launch: | 5.29% |
Benchmark: | NIFTY Ultra Short Duration Debt Index B-I |
Riskometer: | Low to Moderate |
Type: | Open-ended |
Assets: | ₹ 7,205 Cr (As on 30-Apr-2022) |
Expense: | 1.18% (As on 31-Mar-2022) |
Risk Grade: | Average |
Return Grade: | Average |
Plan | Record Date | Dividend (₹ / Unit) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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IDCW Daily | 02-May-2022 | 0.0033 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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IDCW Weekly | 02-May-2022 | 0.0058 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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IDCW Monthly | 25-Apr-2022 | 0.0293 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Fund News - 03-Sep-2020
AMC: Axis Asset Management Company Ltd.
Address: "Axis House" - 1st Floor, C-2 - Wadia International Centre, Pandurang Budhkar Marg , Worli, Mumbai - 400025
Phone: 022-24255161
Fax: 022-43255199
Website: http://www.axismf.com
Registrar & Transfer Agent: KFin Technologies Ltd.
Address: 303, Vamsee Estates, Opp. Big Bazaar, Ameerpet, Hyderabad - 500016
Phone: 040-44857874
Email: [email protected]
Website: www.karvymfs.com