Site Logo

Download QR

Open Free Demat Account!

Join Our 9 Lakh Customers

+91
Headphone

Home

Mutual Funds

Axis Ultra Short Duration Fund

Ax

Axis Ultra Short Duration Fund

Ultra Short DurationRank #27
2/5

NAV (2026-07-14)

15.62

AUM

₹2,023 Cr

Exp. Ratio: 1.26%

RISK LEVEL

Moderate

Returns & Performance

1 Year5.65%0.23% vs cat avgRank #23
3 Year6.53%0.11% vs cat avgRank #16
5 Year5.74%0.16% vs cat avgRank #17
Since Launch5.85%--

Fund vs Category Average

1Y
5.65%-0.23%
3Y
6.53%-0.11%
5Y
5.74%-0.16%

Pros & Cons

Pros

No lock-in period

Cons

1Y returns trail category average
3Y returns below category average
5Y returns below category average
1Y category rank outside top 15 (#23)
Overall rank #27 in category
ISININF846K01G23
NAV₹15.62
NAV Date2026-07-14
AUM₹2,023 Cr
Expense Ratio1.26%
RiskModerate
Rating2 / 5
Min SIP Amount₹100
Max SIP Amount₹999999999
Min Additional Inv.₹100
SIP AllowedYes
Plan TypeRegular
Plan OptionGrowth
Is NFONo
Fund House Incorp.2009-09-04

INVESTMENT OBJECTIVE

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.

Exit Load--
Stamp duty on investment0.005% (from July 1st, 2020)
Tax implicationsReturns are taxed as per your income tax slab.

Hardik Shah

Mr. Shah has done B.E. Information Technology and MBA Finance.

Prior to joining Axis Mutual Fund, he has worked with Nippon India Mutual Fund, Quantum Asset Management Company and ICAP India (P) Ltd.

Top Holdings

Holdings data not available for this scheme