|Min SIP Amount||₹1000|
|NAV||₹10.03 (02 Dec 2020)|
|Fund Started||10 Sep 2018|
|Fund Size||₹4,207 Cr|
|Reserve Bank of India||Financial||T-Bills||4.1%|
|Reserve Bank of India||Financial||T-Bills||3.8%|
|Larsen & Toubro Ltd.||Construction||CP||3.5%|
|Reserve Bank of India||Financial||T-Bills||3.4%|
|Reliance Industries Ltd.||Energy||CP||2.8%|
|Embassy Office Parks REIT||Construction||NCD||2.8%|
|Housing Development Finance Corpn. Ltd.||Financial||Debenture||2.6%|
|Housing Development Finance Corpn. Ltd.||Financial||Debenture||2.4%|
|LIC Housing Finance Ltd.||Financial||Debenture||2.4%|
|Tata Teleservices (Maharashtra) Ltd.||Communication||CP||2.4%|
Axis Ultra Short Term Fund Direct Dividend Daily is a Debt Mutual Fund Scheme launched by Axis Mutual Fund. This scheme was made available to investors on 10 Sep 2018. Aditya Pagaria is the Current Fund Manager of Axis Ultra Short Term Fund Direct Dividend Daily fund.The fund currently has an Asset Under Management(AUM) of ₹4,207 Cr and the Latest NAV as of 02 Dec 2020 is ₹10.03.
The Axis Ultra Short Term Fund Direct Dividend Daily is rated Moderately Low risk. Minimum SIP Investment is set to 1000. Minimum Lumpsum Investment is 5000.
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.