Pay ₹0 for 75 days of Genius, On India's 75 years of Independence by signing up within 75 hours
Download Mobile Apps

Great! You have sucessfully subscribed for newsletters for investments

Subscribed email:

Axis Ultra Short Term Fund Direct - Growth

NAV as of ( Sep 09, 2022 )

12.72 0.01 % 1-D Change

6.16% p.a.

You get upto 0.88% extra returns

ET Money's Fund Report Card - Axis Ultra Short Term Fund

ET Money Rank


Out of 18

Performance Quality info

Excellent drop-arrow

Generated returns consistently


Increased returns for each unit of additional risk info


Downside Protection info

Very Good drop-arrow

Controlled losses during market corrections


Delivered returns without frequent ups and downs


Minimum SIP amount is ₹
Minimum Lumpsum amount is ₹

By continuing, I agree to the Declaration and T&Cs.

none buyable frame

Fresh Investments closed in this fund!

This fund is no longer available to invest

This fund vs
Show performance of:

Scheme Details

ET Money Rank 3 Out of 18
VRO Rating 4
Expense ratio 0.3%  As on Feb 28, 2022
Exit Load 0%
AUM (Fund Size) 5,704 Crs
Lock-in No Lockin
Age 4 yrs Since Aug 27, 2018
Benchmark NIFTY Ultra Short Duration Debt Index B-I
Min. Investment

SIP 1000  &

Lumpsum 5000

About Axis Ultra Short Term Fund

Axis Ultra Short Term Fund Direct - Growth is a Ultra Short Duration mutual fund scheme from Axis Mutual Fund . This fund has been in existence for 4 yrs, having been launched on 27/08/2018. Axis Ultra Short Term Fund Direct - Growth has ₹5,704 Crores worth of assets under management (AUM) as on 30/06/2022 and is medium-sized fund of its category. The fund has an expense ratio of 0.3%, which is close to what most other Ultra Short Duration funds charge.
  • Axis Ultra Short Term Fund Direct - Growth returns of last 1-year are 4.28%. Since launch, it has delivered 6.19% average annual returns.
  • Axis Ultra Short Term Fund Direct - Growth scheme's ability to deliver returns consistently is in-line with most funds of its category. Its ability to control losses in a falling market is above average.
  • The fund's credit profile is high indicating it has lent to borrowers whose quality is great. Most funds in this category lend to better borrowers and hence the risk of default in this fund is higher than the category.
  • The fund's top holdings are in Reserve Bank of India, Canara Bank, Small Industries Devp. Bank of India Ltd., HDFC Bank Ltd., Housing Development Finance Corpn. Ltd..
Find your investor personality!

Answer a few simple questions and understand why you take the financial decisions you do.

Investment Returns Calculator

of for

You would have earned ₹ 1,001 more by investing in ET Money Direct Plan

Total value Profit
This fund
Category Average
Bank FD

Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments are subject to market risk, read all scheme related documents carefully. Past performance is not an indicator of future returns.

Latest Asset & Portfolio Allocation

as on Mar 31, 2022
Top Stock Holdings

Bifurcation by Holding is not available for this fund

Allocation by Market Cap

Large Cap 0%

Mid Cap 0%

Small Cap 0%

Other Cap 0%

Allocation by Sector

Bifurcation by Sector is not available for this fund

Top Debt Holdings

Reserve Bank of India 11.74%

Canara Bank 8.53%

Small Industries Devp. Bank of India Ltd. 8.42%

HDFC Bank Ltd. 8.03%

Allocation by Credit Quality

A1+ 57.07%

SOV 13.51%

AAA 13.08%

Cash & Call Money 7.07%

Allocation by Instruments

Commercial Paper 31.16%

Certificate of Deposit 24.63%

Debenture 15.49%

Treasury Bills 11.74%

Other Holdings

Others 0.87%

Comparison with ultra short duration Funds

as on Sep 12, 2022
0.47 % p.a
This fund


Pick time period to see return
  • 1m
  • 3m
  • 6m
  • 1y
  • 3y
  • 5y

Trailing Returns and Ranks

as on Apr 11, 2022
Period Trailing returns Category average Rank within category
1 month 0.47% 0.45% 3 / 18
3 months 1.4% 1.33% 3 / 18
6 months 2.29% 2.17% 2 / 18
1 year 4.24% 4.16% 4 / 18
3 years 5.23% 4.95% 4 / 17


Level of Risk in the Scheme


Investors understand that their principal will be at Moderate risk

Axis Ultra Short Term Fund


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.

  • Std. Dev : 0.56
  • Alpha : 2.47
  • Beta : 0.86
  • Sharpe : 2.96
  • Sortino : 6.02
  • Profile

    Aditya Pagaria

    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.

    Prior to joining Axis AMC he was associated with ICICI Prudential AMC (Nov 2011-Jul 2016) as Fund Manager - Fixed Income Operations.

  • Profile

    Sachin Jain

    Mr. Jain is a B.Tech, AGMP (Management)

    Prior to joining Axis Asset Management Company Ltd., he has worked with Sundaram Mutual Fund, I- Cap, Sunidhi securities and Finance Ltd.

Axis Mutual Fund

Axis Mutual Fund



See all schemes


₹2,46,127 Crs

As on Jun 30, 2022

  • Phone: 022-24255161
  • Address: "Axis House" - 1st Floor,
    C-2 - Wadia International Centre,
    Pandurang Budhkar Marg , Worli,
    Mumbai, 400025

Compare with similar Funds

Hide comparison

Frequently asked questions

How are the returns of Axis Ultra Short Term Fund ?

The Axis Ultra Short Term Fund is a 4 yrs old fund and has delivered average annual returns of 6.16% since inception.

Axis Ultra Short Term Fund Returns

1-Year 3-Year Since Inception
4.24% 5.23% 6.16%

NAV or Net Asset Value is the per-unit price of the Mutual Fund. The NAV of a Mutual Fund changes every day. It is calculated by taking the current value of the holdings of the fund at end of the day, subtracting the expenses, and dividing the value by the number of units issued to date.

The NAV of Axis Ultra Short Term Fund for Sep 09, 2022 is 12.72 .

Axis Ultra Short Term Fund has an ET Money Rank of # 3 of 18 and a consistency rating of 4 .

This indicates the fund has not only delivered solid returns in the past but has done so with exceptional consistency. All this means Axis Ultra Short Term Fund can be a good addition to your portfolio.

On ET Money, Investing in Axis Ultra Short Term Fund is fast, easy, and 100% paperless. And it takes only minutes. Here is what you need to do -

  1. Click on the Invest Now Button present on the top right-hand side.
  2. Enter your email id, select whether you want to do a one-time investment or start a SIP and add the amount
  3. Provide few more details needed including the bank account from which you will be making the payment and confirm.
  4. That's it. Your SIP or one-time investment in Axis Ultra Short Term Fund is done.

The Expense Ratio of a Mutual Fund is the annual charges you pay to the Mutual Fund company for managing your investments in that fund. The Expense Ratio is a percentage of Assets Under Management (AUM) and is taken from the returns generated by the fund. For this reason, a fund with a lower expense ratio is always better because a smaller part of the returns will be taken and that means more returns for you.

The Expense Ratio of the direct plan of Axis Ultra Short Term Fund is 0.3%.  .

Redeeming your investments in Axis Ultra Short Term Fund is super easy. If you have invested in this fund via ET Money, just login into the app, go to the investment section and put the redemption request.

If you have invested in Axis Ultra Short Term Fund from anywhere else, you can go to the fund house website and put a request through it.

AUM or Asset Under Management is the total value of the assets held by a Mutual Fund scheme. For instance, for an equity Mutual Fund, the AUM will be the total value of its portfolio's equity shares (plus any other asset it might have invested in). The AUM of the fund changes every day because the price of the underlying asset fluctuates daily. However, the Mutual Fund company doesn't update it every day. It is updated only at the end of the month and released within few days of the next month.

The AUM of the fund is a good indicator of its popularity. A fund with a high AUM means a lot of money has been invested in it, and investors like it. However, the AUM should never be the primary criteria while selecting a fund. There are funds with huge AUMs that continue to perform well despite their size.

The AUM of Axis Ultra Short Term Fund is ₹5,704 Crs.

The credit rating of the instruments in which the fund invests represents the quality of the borrower.

The Axis Ultra Short Term Fund allocation by credit quality is given below

Credit Quality Percentage of Portfolio
A1+ 57.07%
SOV 13.51%
AAA 13.08%

The top 3 debt holdings of Axis Ultra Short Term Fund are as follows

Holding Name Percentage of Portfolio
Reserve Bank of India 11.74%
Canara Bank 8.53%
Small Industries Devp. Bank of India Ltd. 8.42%
亚博电竞 csgo 日博电竞外围全球9.4.2 dota2投注线上 lpl电竞比分注册APP v2.6(lpl电竞选手下载v3.1版) JJ竞技(拉萨)登录手游