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Axis Ultra Short Term Fund - Direct Plan - Growth

  • Regular
  • Direct
Category : Ultra Short Duration Fund
Fund House : Axis Mutual Fund
  • NAV
    : ₹ 11.9199 0.01%
    (as on 03rd March, 2021)
Crisil Rank
Average performance among peers
Risk-O-Meter
Low to Moderate

Fund has 95.37% investment in Debt of which 18.82% in Government securities, 76.55% in funds invested in very low risk securities..

Suitable For : Investors who want to invest for very short term and are looking for alternative to bank accounts/deposits.

Crisil Rank Change : Fund Crisil rank was updated from 2 to 3 in the previous quarter.

This Scheme
VS
  • CRISIL 10 Year Gilt Index
  • NA
  • NA
  • Gold
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Returns (NAV as on 03rd March, 2021)

Period Invested for ₹10000 Invested on Latest Value Absolute Returns Annualised Returns Category Avg Rank within Category
1 Week 24-Feb-21 10006.70 0.07% - 0.07% 8/29
1 Month 03-Feb-21 10036.00 0.36% - 0.34% 5/29
3 Month 03-Dec-20 10093.90 0.94% - 0.87% 7/29
6 Month 03-Sep-20 10224.70 2.25% - 1.27% 6/29
YTD 01-Jan-21 10062.20 0.62% - 0.58% 7/29
1 Year 03-Mar-20 10562.20 5.62% 5.62% 4.41% 8/29
2 Year 01-Mar-19 11445.30 14.45% 6.95% 6.30% 5/23
Since Inception 10-Sep-18 11919.90 19.20% 7.34% 5.82% 17/30

SIP Returns (NAV as on 03rd March, 2021)

Period Invested for ₹1000 SIP Started on Investments Latest Value Absolute Returns Annualised Returns
1 Year 03-Mar-20 12000 12324.32 2.7 % 5.06 %
2 Year 01-Mar-19 24000 25525.91 6.36 % 6.05 %
 

Tax Treatment

Portfolio (Updated on 31st Jan,2021)

No of Debt Holding 94 (Category Avg - 38.57) | Modified Duration 0.33 Years (Category Avg - 0.32)| Yield to Maturity 4.24% (Category Avg - 4.03%)

Type of Holdings

Security Type
% Weight
Category Average
GOI 0.52% 3.69%
CD 3.63% 10.64%
T-Bills 18.30% 17.88%
NCD & Bonds 26.14% 22.82%
CP 45.62% 24.72%
PTC 1.16% 0.45%

Investment / Portfolio Grades

Security Type
% Weight
Category Average
Government Backed 18.82% 21.57%
Low Risk 76.55% 55.77%
Moderate Risk 0.00% 0.00%
High Risk 0.00% 0.00%
Very High Risk 0.00% 0.00%
Others 0.00% 0.00%
Name Type of Instrument Weight (%)
TREPS TREPS 4.71%
Net Receivables Net Receivables -0.08%

Risk Ratios

Ratios calculated on daily returns for last 3 years (Updated as on 26th February, 2021)

  • Standard Deviation

    Low volatility
    1.1vs1.68
    Category Avg
  • Treynor's Ratio

    Better risk adjusted returns
    3.3vs1.35
    Category Avg
  • Jension's Alpha

    Better risk adjusted returns
    1.04vs-1.39
    Category Avg

Alternative Funds (Category Peers)

Scheme Name
Crisil Rank
Asset Size (Cr)
1M
3M
6M
1Y
3Y
Franklin India Ultra Short Bond Fund - Super Institutional - Direct - Growth 1 10220.13 0.64 1.61 3.59 8.24 7.46
ICICI Prudential Ultra Short Term Fund - Direct Plan - Growth 2 8494.68 0.43 1.04 2.57 6.47 7.93
Aditya Birla Sun Life Savings Fund - Direct Plan - Growth 4 16118.46 0.33 0.75 2.14 6.40 7.62
HDFC Ultra Short Term Fund - Direct Plan - Growth 3 18196.00 0.33 0.82 2.08 6.22 0.00
Kotak Savings Fund - Direct Plan - Growth 4 12325.64 0.30 0.77 1.94 5.68 7.25
UTI Ultra Short Term Fund - Direct Plan - Growth 2 2136.00 0.31 0.94 2.26 5.65 5.59
PGIM India Ultra Short Term Fund - Direct Plan - Growth 2 330.42 0.35 0.86 2.02 5.62 9.11
Mahindra Manulife Ultra Short Term Fund - Direct Plan - Growth NA 233.72 0.28 0.76 1.88 5.62 0.00
SBI Magnum Ultra Short Duration Fund - Direct Plan - Growth 3 11019.17 0.32 0.79 1.87 5.48 7.18
Indiabulls Ultra Short Term Fund - Direct Plan - Growth 3 17.94 0.20 0.93 1.73 5.29 6.89

More Funds from Axis Mutual Fund

Out of 46 mutual fund schemes offered by this AMC, 3 is/are ranked 5 * , 4 is/are ranked 4 * , 9 is/are ranked 3 * , 1 is/are ranked 2 * , and 29 schemes are not ranked. See more about AMC

Scheme Name
Crisil Rank
Asset Size (Cr)
1M
3M
6M
1Y
3Y
Axis Long Term Equity Fund - Direct Plan - Growth 4 25508.39 5.60 13.81 33.54 29.09 16.67
Axis Liquid Fund - Direct Plan - Growth 3 23571.61 0.25 0.76 1.57 3.95 5.96
Axis Bluechip Fund - Direct Plan - Growth 5 21867.92 2.32 12.46 29.06 27.56 18.72
Axis Banking & PSU Debt Fund - Direct Plan - Growth 2 16766.94 0.27 0.27 2.01 7.93 9.13
Axis Short Term Fund - Direct Plan - Growth 3 15693.76 0.17 0.42 2.39 8.73 9.19
Axis Focused 25 Fund - Direct Plan - Growth 5 13660.12 4.09 13.04 32.94 29.88 16.96
Axis Treasury Advantage Fund - Direct Plan - Growth 3 9731.83 0.33 0.76 2.21 6.78 7.98
Axis Midcap Fund - Direct Plan - Growth 5 8608.32 6.96 16.66 33.38 37.80 20.19
Axis Flexi Cap Fund - Direct Plan - Growth 4 7008.54 3.93 13.49 30.18 28.79 18.96
Axis Overnight Fund - Direct Plan - Growth NA 6875.42 0.22 0.75 1.50 3.10 0.00

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