Axis Ultra Short Duration Fund - Regular Plan - IDCW - Daily

Regular

Regular and Direct options of the funds are exactly same except commission to your mutual fund broker/distributor. As an investor you do not need to pay any additional fees to purchase any of these options. However both have different expense ratios. Regular funds have higher expense ratio and direct funds have lower expense ratio. This difference is because of commission paid to broker/distributor. Lower expense ratio leads to higher returns for investors.
Direct

Regular and Direct options of the funds are exactly same except commission to your mutual fund broker/distributor. As an investor you do not need to pay any additional fees to purchase any of these options. However both have different expense ratios. Regular funds have higher expense ratio and direct funds have lower expense ratio. This difference is because of commission paid to broker/distributor. Lower expense ratio leads to higher returns for investors.

No of Debt Holding 89 (Category Avg - 63.84) | Modified Duration 0.46 Years (Category Avg - 0.42)| Yield to Maturity 6.61% (Category Avg - 6.38%)

Portfolio Summary (as on 31st Oct,2025)

Security Type	% Weight	Category Average
GOI	6.36%	3.13%
CD	40.57%	33.23%
T-Bills	4.43%	7.37%
CP	7.81%	9.20%
NCD & Bonds	34.59%	39.42%
PTC	4.96%	1.02%

Category - Ultra Short Duration Fund

Security Type	% Weight	Category Average
Government Backed	10.79%	10.50%
Low Risk	87.93%	82.86%
Moderate Risk	0.00%	0.00%
High Risk	0.00%	0.00%
Very High Risk	0.00%	0.00%
Others	0.00%	0.00%

Category - Ultra Short Duration Fund

Debt holding in Portfolio (as on 31st Oct,2025)

Instrument	Type	Sector	Rating	Rating Agency	Value (Mn)	% of Total Holding	Quantity
Bond - Bank Of India	CD	Public sector bank	P1+	CRISIL	2447.16	3.83%	5.00 k
Bond - National Bank for Agriculture & Rural Development	CD	Financial institution	P1+	CRISIL	2441.65	3.82%	5.00 k
Bond - T-Bill	T-Bills	Other			2433.05	3.81%	2.50 Cr
Bond - HDFC Bank Ltd.	CD	Private sector bank	PR1+	CARE	1928.87	3.02%	4.00 k
Bond - HDFC Bank Ltd.	CD	Private sector bank	P1+	CRISIL	1611.55	2.52%	3.30 k
Bond - Indusind Bank Ltd.	CD	Private sector bank	P1+	CRISIL	1479.32	2.32%	3.00 k
Bond - HDFC Bank Ltd.	CD	Private sector bank	P1+	CRISIL	1471.51	2.30%	3.00 k
Bond - Small Industries Development Bank Of India	CD	Financial institution	PR1+	CARE	1470.99	2.30%	3.00 k
Bond - National Bank for Agriculture & Rural Development	NCD & Bonds	Financial institution	AAA	CRISIL	1452.99	2.28%	1.45 k
Bond - Kotak Mahindra Bank Ltd.	CD	Private sector bank	P1+	CRISIL	1451.08	2.27%	3.00 k
Bond - Kotak Mahindra Bank Ltd.	CD	Private sector bank	P1+	CRISIL	1424.95	2.23%	3.00 k
Bond - Godrej Properties Ltd.	NCD & Bonds	Residential, commercial projects	LAA+	ICRA	1407.64	2.20%	14.00 k
Bond - Tata Projects Ltd.	NCD & Bonds	Civil construction	AA	FITCH	1294.58	2.03%	12.90 k
Bond - Nuvoco Vistas Corporation Ltd.	CP	Cement & cement products	P1+	CRISIL	1246.52	1.95%	2.50 k
Bond - Small Industries Development Bank Of India	NCD & Bonds	Financial institution	AAA	CRISIL	1053.39	1.65%	10.50 k
Bond - Piramal Finance Ltd.	NCD & Bonds	Non banking financial company (nbfc)	CARE AA	CARE	1005.73	1.57%	10.00 k
Bond - Muthoot Finance Pvt. Ltd.	NCD & Bonds	Non banking financial company (nbfc)	AA+	CRISIL	1004.65	1.57%	10.00 k
Bond - Torrent Power Ltd.	NCD & Bonds	Integrated power utilities	AA+	CRISIL	1000.11	1.57%	1.00 k
Bond - Tata Teleservices Ltd.	CP	Telecom - cellular & fixed line services	P1+	CRISIL	997.08	1.56%	2.00 k
Bond - Godrej Housing Finance Ltd.	CP	Housing finance company	P1+	CRISIL	982.37	1.54%	2.00 k
Bond - Kotak Mahindra Bank Ltd.	CD	Private sector bank	P1+	CRISIL	982.22	1.54%	2.00 k
Bond - Canara Bank	CD	Public sector bank	P1+	CRISIL	978.68	1.53%	2.00 k
Bond - Indusind Bank Ltd.	CD	Private sector bank	P1+	CRISIL	977.45	1.53%	2.00 k
Bond - Punjab National Bank	CD	Public sector bank	P1+	CRISIL	977.34	1.53%	2.00 k
Bond - Small Industries Development Bank Of India	CD	Financial institution	P1+	CRISIL	976.50	1.53%	2.00 k
Bond - Indian Bank	CD	Public sector bank	P1+	CRISIL	970.15	1.52%	2.00 k
Bond - Infina Finance Pvt. Ltd.	CP	Non banking financial company (nbfc)	P1+	CRISIL	961.91	1.51%	2.00 k
Bond - Govt of India	GOI	Other			919.61	1.44%	90.00 L
Bond - Liquid Gold	PTC	Ptc	AAA	CRISIL	859.90	1.35%	90.00
Bond - Liquid Gold	PTC	Ptc	AAA	CRISIL	838.40	1.31%	1.16 k
Bond - Govt of India	GOI	Other			819.18	1.28%	80.00 L
Bond - National Bank for Agriculture & Rural Development	NCD & Bonds	Financial institution	AAA	CRISIL	754.58	1.18%	7.50 k
Bond - Small Industries Development Bank Of India	NCD & Bonds	Financial institution	AAA	CRISIL	754.43	1.18%	7.50 k
Bond - Nuvama Clearing Services Ltd.	CP	Other capital market related services	P1+	CRISIL	749.09	1.17%	1.50 k
Bond - Kotak Mahindra Bank Ltd.	CD	Private sector bank	P1+	CRISIL	739.07	1.16%	1.50 k
Bond - Bank Of Baroda	CD	Public sector bank	F1+	FITCH	738.07	1.16%	1.50 k
Bond - Punjab National Bank	CD	Public sector bank	PR1+	CARE	733.25	1.15%	1.50 k
Bond - Govt of India	GOI	Other			715.02	1.12%	70.00 L
Bond - Govt of India	GOI	Other			708.98	1.11%	70.00 L
Bond - Shriram Finance Ltd.	NCD & Bonds	Non banking financial company (nbfc)	AA+	CRISIL	705.08	1.10%	7.00 k
Bond - Small Industries Development Bank Of India	NCD & Bonds	Financial institution	LAAA	ICRA	701.75	1.10%	700.00
Bond - Godrej Industries Ltd	NCD & Bonds	Animal feed	AA+	CRISIL	603.77	0.95%	6.00 k
Bond - Mindspace Business Parks REIT	NCD & Bonds	Real estate investment trusts (reits)	AAA	CRISIL	603.42	0.94%	6.00 k
Bond - Indostar Capital Finance Private Ltd.	NCD & Bonds	Non banking financial company (nbfc)	CARE AA-	CARE	553.24	0.87%	5.50 k
Bond - Nuvama Wealth Finance Ltd.	NCD & Bonds	Stockbroking & allied	CARE AA	CARE	553.21	0.87%	5.50 k
Bond - Mindspace Business Parks REIT	NCD & Bonds	Real estate investment trusts (reits)	AAA	CRISIL	503.32	0.79%	5.00 k
Bond - National Bank for Agriculture & Rural Development	NCD & Bonds	Financial institution	AAA	CRISIL	502.88	0.79%	5.00 k
Bond - Small Industries Development Bank Of India	NCD & Bonds	Financial institution	AAA	CRISIL	502.86	0.79%	5.00 k
Bond - SK Finance Ltd.	NCD & Bonds	Financial services	LAA-	ICRA	501.65	0.79%	5.00 k
Bond - Small Industries Development Bank Of India	NCD & Bonds	Financial institution	LAAA	ICRA	501.57	0.79%	500.00
Bond - Sansar Trust	PTC	Ptc	AAA	CRISIL	501.20	0.78%	50.00 Cr
Bond - 360 One Prime Ltd.	NCD & Bonds	Non banking financial company (nbfc)	LAA	ICRA	500.94	0.78%	5.00 k
Bond - Reliance Life Sciences Private Ltd.	NCD & Bonds	Biotechnology	CARE AAA	CARE	500.20	0.78%	500.00
Bond - Poonawalla Fincorp Ltd.	NCD & Bonds	Non banking financial company (nbfc)	AAA	CRISIL	499.58	0.78%	5.00 k
Bond - Union Bank Of India	CD	Public sector bank	F1+	FITCH	493.81	0.77%	1.00 k
Bond - Canara Bank	CD	Public sector bank	P1+	CRISIL	488.86	0.77%	1.00 k
Bond - Shriram Finance Ltd.	NCD & Bonds	Non banking financial company (nbfc)	AA+	CRISIL	450.85	0.71%	4.50 k
Bond - Truhome Finance Ltd.	NCD & Bonds	Housing finance company	AA	CRISIL	450.79	0.71%	4.50 k
Bond - Punjab National Bank	CD	Public sector bank	P1+	CRISIL	439.44	0.69%	900.00
Bond - National Bank for Agriculture & Rural Development	NCD & Bonds	Financial institution	AAA	CRISIL	401.49	0.63%	4.00 k
Bond - India Universal Trust	PTC	Ptc	AAA	CRISIL	386.60	0.61%	85.00
Bond - India Universal Trust	PTC	Ptc	INDAAA	FITCH	352.30	0.55%	100.00
Bond - Mankind Pharma Ltd.	NCD & Bonds	Pharmaceuticals	AA+	CRISIL	351.37	0.55%	3.50 k
Bond - LIC Housing Finance Ltd.	NCD & Bonds	Housing finance company	AAA	CRISIL	351.00	0.55%	350.00
Bond - Govt of India	GOI	Other			301.89	0.47%	30.00 L
Bond - Shriram Finance Ltd.	NCD & Bonds	Non banking financial company (nbfc)	AA+	CRISIL	254.80	0.40%	2.50 k
Bond - Godrej Finance Ltd.	NCD & Bonds	Financial services	AA+	CRISIL	254.15	0.40%	2.50 k
Bond - Muthoot Finance Pvt. Ltd.	NCD & Bonds	Non banking financial company (nbfc)	AA+	CRISIL	253.33	0.40%	2.50 k
Bond - Godrej Industries Ltd	NCD & Bonds	Animal feed	AA+	CRISIL	251.97	0.39%	2.50 k
Bond - National Bank for Agriculture & Rural Development	NCD & Bonds	Financial institution	AAA	CRISIL	251.85	0.39%	2.50 k
Bond - Govt of India	GOI	Other			251.57	0.39%	25.00 L
Bond - Reliance Life Sciences Private Ltd.	NCD & Bonds	Biotechnology	CARE AAA	CARE	251.31	0.39%	250.00
Bond - Tata Realty & Infrastructure Ltd.	NCD & Bonds	Residential, commercial projects	LAA+	ICRA	250.02	0.39%	2.50 k
Bond - Embassy Office Parks Reit	NCD & Bonds	Real estate investment trusts (reits)	AAA	CRISIL	249.88	0.39%	250.00
Bond - T-Bill	T-Bills	Other			248.02	0.39%	25.00 L
Bond - HDFC Bank Ltd.	CD	Private sector bank	PR1+	CARE	246.02	0.39%	500.00
Bond - Bank Of Baroda	CD	Public sector bank	F1+	FITCH	244.62	0.38%	500.00
Bond - Torrent Power Ltd.	NCD & Bonds	Integrated power utilities	AA+	CRISIL	243.34	0.38%	2.40 k
Bond - Sansar Trust	PTC	Ptc	AAA	CRISIL	233.00	0.36%	50.00 Cr
Bond - Govt of India	GOI	Other			200.34	0.31%	20.00 L
Bond - Union Bank Of India	CD	Public sector bank	F1+	FITCH	196.14	0.31%	400.00
Bond - Tata Projects Ltd.	NCD & Bonds	Civil construction	AA	FITCH	150.62	0.24%	1.50 k
Bond - T-Bill	T-Bills	Other			149.11	0.23%	15.00 L
Bond - Govt of India	GOI	Other			101.39	0.16%	10.00 L
Bond - Nirma Ltd.	NCD & Bonds	Household products	AA	CRISIL	100.35	0.16%	1.00 k
Bond - Govt of India	GOI	Other			50.69	0.08%	5.00 L
Bond - Sundaram Home Finance Ltd.	NCD & Bonds	Housing finance company	LAAA	ICRA	50.18	0.08%	500.00
Bond - Indostar Capital Finance Private Ltd.	NCD & Bonds	Non banking financial company (nbfc)	CARE AA-	CARE	50.13	0.08%	500.00
Bond - Kotak Mahindra Prime Ltd.	CP	Non banking financial company (nbfc)	P1+	CRISIL	49.97	0.08%	100.00

Name	Type of Instrument	Weight (%)
TREPS	TREPS	2.38%
Interest Rate Swaps	Interest Rate Swaps	0.00%
Interest Rate Swaps	Interest Rate Swaps	0.00%
Interest Rate Swaps	Interest Rate Swaps	0.00%
Interest Rate Swaps	Interest Rate Swaps	0.00%
Interest Rate Swaps	Interest Rate Swaps	0.00%
Interest Rate Swaps	Interest Rate Swaps	0.00%
Interest Rate Swaps	Interest Rate Swaps	0.00%
Interest Rate Swaps	Interest Rate Swaps	0.00%
Net Receivables	Net Receivables	-1.10%

Axis Ultra Short Duration Fund - Regular Plan - IDCW - Daily

Portfolio Summary (as on 31st Oct,2025)

Debt holding in Portfolio (as on 31st Oct,2025)

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