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Axis Ultra Short Term Fund
Ultra Short TermRank #26
2/5
NAV (2026-09-11)
₹15.79
AUM
₹2,023 Cr
Exp. Ratio: 1.26%
RISK LEVEL
Moderate
Returns & Performance
1 Year5.97%0.23% vs cat avgRank #24
3 Year6.58%0.10% vs cat avgRank #16
5 Year5.86%0.14% vs cat avgRank #17
Since Launch5.87%0.65% vs cat avg
Fund vs Category Average
1Y
5.97%-0.23%
3Y
6.58%-0.10%
5Y
5.86%-0.14%
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 (#24)
✖Overall rank #26 in category
✖Returns since launch below category avg
ISININF846K01G23
NAV₹15.79
NAV Date2026-09-11
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.
Common questions about this fund, answered from scheme data
The latest Net Asset Value (NAV) of Axis Ultra Short Term Fund is ₹15.79 as of 2026-09-11.
Axis Ultra Short Term Fund is classified as a Ultra Short Term fund.
Axis Ultra Short Term Fund is managed by Axis Mutual Fund.
The Assets Under Management (AUM) of Axis Ultra Short Term Fund is ₹2,023 Cr.
The expense ratio of Axis Ultra Short Term Fund is 1.26%.
Axis Ultra Short Term Fund is managed by Hardik Shah.
The minimum SIP investment for Axis Ultra Short Term Fund is ₹100.
As per the SEBI Riskometer, Axis Ultra Short Term Fund carries a Moderate risk level.
Axis Ultra Short Term Fund has delivered 5.97% (1Y), 6.58% (3Y) and 5.86% (5Y) annualised returns as of 2026-09-11.
Axis Ultra Short Term Fund was launched on 2009-09-04.
Open an account with Indiabulls Securities, complete your KYC, and invest via SIP or a one-time lumpsum through our platform.
A Systematic Investment Plan (SIP) lets you invest a fixed amount at regular intervals (e.g., monthly) instead of a single lumpsum.
There is no separate brokerage on mutual fund units. The AMC charges an expense ratio, which is already reflected in the NAV. An exit load may apply if you redeem before the specified period.
Mutual fund NAVs are declared once per business day after market close, in line with SEBI norms.
The FAQs above are generated from data provided by the AMC and are for educational purposes only. They do not constitute financial advice, buy/sell recommendations, or return guarantees. Mutual fund investments are subject to market risks — read all scheme-related documents carefully before investing. Past performance is not indicative of future returns.
