Fund Overview

Axis Ultra Short Duration Fund

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Scheme Type: Debt

Fund Manager:
Mr. Hardik Shah + 1
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NAV as on Nov 03, 2025
₹ 15.0294
CAGR
6.79 %
AUM as on 30 Sep 2025(in Cr.)
₹ 4,553.83
Updated as on: November 04, 2025
Risk
Risk
Moderate
An open ended ultra short duration debt scheme investing in instruments such that the Macaulay duration of the portfolio is between 3 months and 6 months

Investment Objective

The investment objective of the Scheme is 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.

Benefits of

Better carry : Elevated short term spreads offer historically higher yields in the front end of the curve. The fund aims for a low duration with low volatility and relatively higher carry over a 3-6 month period

Lowered risk :  Aims for higher yield with significantly lower risk

Superior risk reward :  Attempts to offer better risk reward opportunity over other traditional alternatives in short term space

Robust cash management :  Efficient cash management vehicle with limited impact from interest rate changes (due to low duration risk)

Efficient way to park money :  Suitable to park money for short term ( 3-6 months)

Suitable for Systematic Transfer Plan (STP) : Can be invested for STPs in Equity Funds.

Potential Risk Class
A Potential Risk Class matrix consists of parameters based on maximum interest rate risk (measured by Macaulay Duration (MD) of the scheme) and maximum credit risk (measured by Credit Risk Value (CRV) of the scheme).
Potential Risk

Fund Manager

Fund Manager
Mr. Hardik Shah
Managing this fund since 04th Nov 2024
16
Years
Work Experience
See all schemes managed by Hardik Shah
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Fund Manager
Mr. Sachin Jain
Managing this fund since 04th Sep 2020
16
Years
Work Experience
See all schemes managed by Sachin Jain
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Entry Load

NA

Exit Load

NIL
Debt Quants
Average Maturity@*
208 days
Modified Duration@*
189 days
Mac D
201 days
Portfolio Yield (Yield to Maturity&) - Monthly
6.95%
Disclaimer: * For instruments with put/call option, the put/call date has been taken as the maturity date. & The yield to maturity given above is based on the portfolio of funds as on date given above. This should not be taken as an indication of the returns that maybe generated by the fund and the securities bought by the fund may or may not be held till their respective maturities. The calculation is based on the invested corpus of the debt portfolio. In case of semi annual YTM, it will be annualised
Updated as on:
This product is suitable for investors who are seeking*
  • Regular income over short term.
  • Investment in Debt and Money Market instruments such that Macaulay duration of the portfolio is between 3 months - 6 months.
*Investors should consult their financial advisers if in doubt about whether the product is suitable for them
Riskometer
Axis Ultra Short Duration Fund
The risk of the scheme is Moderate
Riskometer
NIFTY Ultra Short Duration Debt Index A-I
The risk of the benchmark is Low to Moderate
Minimum Investment Amount
  • Lumpsum Investment :
     ₹ 5000
  • Additional Investment :
     ₹ 100
  • Daily Systematic Investment : ₹10
  • Monthly Systematic Investment : ₹100

Goal Planning

Big or small, everyone has goals that they want to accomplish. There are some goals you’re able to fulfil and others that you’re not. With proper planning a lot of this can be managed. Savings, on their own are not enough. And most people who invest, do so in an ad-hoc manner. When the markets look promising, they follow the trend and invest like others do. When the volatility sets in, they worry over their investments and take uninformed decisions.
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Issuers

Top 10 Issuers
% Of Net Assets
Small Industries Dev Bank of India
9.86
National Bank For Agriculture and Rural Development
9.61
Bank of Baroda
6.47
HDFC Bank Limited
4.06
Liquid Gold Series
3.98
Kotak Mahindra Bank Limited
3.76
Punjab National Bank
3.63
Shriram Finance Limited
3.43
IndusInd Bank Limited
3.23
Tata Projects Limited
3.18

IDCW

IDCW (₹ Per Unit)
NAV Per Unit
Record DateOptionIndividuals/HUFOthersCum IDCWEx IDCW
Sep 25, 2025Monthly Dividend0.0510.05110.09010.039
Aug 25, 2025Monthly Dividend0.0490.04910.09710.048
Jul 25, 2025Monthly Dividend0.0610.06110.11410.053
Disclaimer: Pursuant to payment of Distribution (of Income & Capital), the NAV of the above stated IDCW options of the scheme/plan would fall to the extent of payout and statutory levy, if any. Past performance may or may not be sustained in future. Face value of units is Rs. 10. IDCW means Income Distribution cum Capital Withdrawal.
IDCW History
Select Plan

Select Timeframe
04-08-2025
from date
04-11-2025
to date
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Axis Bank Ltd. is not liable or responsible for any loss or shortfall resulting from the operation of the scheme.
Past performance may or may not be sustained in future. Please consult your financial advisor before investing.

Mutual fund investments are subject to market risks, read all scheme related documents carefully.

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