|Min SIP Amount||₹1000|
|NAV||₹10.03 (12 May 2021)|
|Fund Started||10 Sep 2018|
|Fund Size||₹5,743 Cr|
|Bank Of Baroda||Financial||CD||1.1%|
Axis Ultra Short Term Fund Direct IDCW 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 IDCW Daily fund.The fund currently has an Asset Under Management(AUM) of ₹5,743 Cr and the Latest NAV as of 12 May 2021 is ₹10.03.
The Axis Ultra Short Term Fund Direct IDCW Daily is rated Moderate 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.