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Axis Ultra Short Term Fund Direct Growth

Debt
Ultra Short Duration
Low to Moderate Risk
5.57%
3Y annualised
+0.05% 1D
1M
6M
1Y
3Y
All
NAV: 23 May 2022₹12.50
Min. SIP amount₹1,000
Rating5
Fund size₹7,204.66Cr

Returns and rankings

Category: Debt Ultra Short Duration
Annualised returns
Absolute returns
6M1Y3YAll
Fund returnsNA3.8%5.6%6.2%
Category averageNA3.7%5.5%NA
Rank with in categoryNA75NA
Understand terms

Holdings (72)

NameSectorInstrumentAssets
Reliance Retail Ventures Ltd.ServicesCP4.2%
Canara Bank
FinancialCD3.1%
National Bank For Agriculture & Rural Development
FinancialCP3.1%
GOI
SovereignGOI Sec3.1%
HDFC Bank Ltd.
FinancialCD3.0%
HDFC Bank Ltd.
FinancialCD2.8%
Jamnagar Utilities and Power Pvt. Ltd.Capital GoodsCP2.6%
Tata Capital Housing Finance Ltd.
FinancialCP2.6%
Power Finance Corporation Ltd.FinancialDebenture2.3%
LIC Housing Finance Ltd.
FinancialDebenture2.1%
See All

Expense ratio, exit load and tax

Expense ratio: 0.30%

Inclusive of GST

Exit load

Nil

Stamp duty

0.005% (from July 1st, 2020)

Tax implication

Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.

Understand terms
Check past data

Minimum investment amounts

Min. for 1st investment₹5,000
Min. for 2nd investment onwards₹100
Min. for SIP₹1,000

Fund management

Aditya Pagaria
Aug 2018 - Present
View details

Education
Mr. Pagaria is a Bachelor in Management Studies and holds a Post Graduate Diploma in Business Management from Institute Of Technology And Management, SK Somaiya College.
Experience
Prior to joining Axis AMC he was associated with ICICI Prudential AMC (Nov 2011-Jul 2016) as Fund Manager - Fixed Income Operations.
Also manages these schemes

Sachin Jain
Sep 2020 - Present
View details

Education
Mr. Jain is a B.Tech, AGMP (Management)
Experience
Prior to joining Axis Asset Management Company Ltd., he has worked with Sundaram Mutual Fund, I- Cap, Sunidhi securities and Finance Ltd.
Also manages these schemes

Fund house & investment objective

Fund house contact details

Address
"Axis House" - 1st Floor,C-2 - Wadia International Centre,Pandurang Budhkar Marg , Worli, Mumbai 400025
Phone
022-24255161
Launch Date
04 Sep 2009
Amc Image
Axis Mutual Fund
Asset Management Company
Custodian
Deutsche Bank
Registrar & Transfer Agent
KFin Tech
Address
Karvy House, No. 46, 8-2-609/K, Avenue 4, Street No.1 Banjara Hills,

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FAQs

How to Invest in Axis Ultra Short Term Fund Direct Growth?

You can easily invest in Axis Ultra Short Term Fund Direct Growth in a hassle-free manner on Groww. The process is extremely simple, quick and completely paperless. Invest in a few minutes with the following steps:

  • Log on to your Groww account
  • Search for Axis Ultra Short Term Fund Direct Growth from the search box
  • In order to invest, you will have to complete all the KYC formalities which are completely online and paperless and take a few minutes to complete
  • Once you are done with that, you can start investing in Axis Ultra Short Term Fund Direct Growth as SIP or lumpsum as per your investment objective and risk tolerance

What kind of returns does Axis Ultra Short Term Fund Direct Growth provide?

The Axis Ultra Short Term Fund Direct Growth has been there from 10 Sep 2018 and the average annual returns provided by this fund is 3.83% since its inception.

How much expense ratio is charged by Axis Ultra Short Term Fund Direct Growth?

The term Expense Ratio used for Axis Ultra Short Term Fund Direct Growth or any other mutual fund is the annual charges one needs to pay to the Mutual Fund company for managing your investments in that fund.

The Expense Ratio of Axis Ultra Short Term Fund Direct Growth is 0.30% as of 24 May 2022...

What is the AUM of Axis Ultra Short Term Fund Direct Growth?

The AUM, short for Assets Under Management of Axis Ultra Short Term Fund Direct Growth is ₹7,204.66Cr as of 24 May 2022.

How to Redeem Axis Ultra Short Term Fund Direct Growth?

If you want to sell your Axis Ultra Short Term Fund Direct Growth holdings, go to your holding on the app or web and simply click on it. You will get two options - redeem & invest more; click on redeem and enter your desired amount or if you wish to redeem the entire holding amount then select the 'redeem all' checkbox.

Can I invest in SIP and Lump Sum of Axis Ultra Short Term Fund Direct Growth?

You can select either SIP or Lumpsum investment of Axis Ultra Short Term Fund Direct Growth based on your investment objective and risk tolerance.

What is the NAV of Axis Ultra Short Term Fund Direct Growth?

The NAV of Axis Ultra Short Term Fund Direct Growth is ₹12.50 as of 23 May 2022.

What is the PE and PB ratio of Axis Ultra Short Term Fund Direct Growth?

The PE ratio ratio of Axis Ultra Short Term Fund Direct Growth is determined by dividing the market price by its earnings per share and the PB ratio of the same is evaluated by dividing the stock price per share by its book value per share (BVPS).

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