|Min SIP Amount||₹1000|
|NAV||₹11.55 (03 Jul 2020)|
|Fund Started||10 Sep 2018|
|Fund Size||₹3,342 Cr|
|Reserve Bank of India||Financial||T-Bills||7.4%|
|Reserve Bank of India||Financial||T-Bills||5.3%|
|National Bank For Agriculture & Rural Development||Financial||Debenture||4.5%|
|Grasim Industries Ltd.||Construction||CP||4.4%|
|Indusind Bank Ltd.||Financial||CD||3.0%|
|Dalmia Cement (Bharat) Ltd||Construction||Debenture||2.6%|
|Daimler Financial Services India Pvt. Ltd.||Financial||Debenture||2.4%|
|Power Finance Corpn. Ltd.||Financial||Bonds/NCD||2.3%|
|Housing Development Finance Corpn. Ltd.||Financial||Debenture||2.1%|
Axis Ultra Short Term Fund Direct Growth 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 Growth fund.The fund currently has an Asset Under Management(AUM) of ₹3,342 Cr and the Latest NAV as of 03 Jul 2020 is ₹11.55.
The Axis Ultra Short Term Fund Direct Growth is rated Moderately Low risk. Minimum SIP Investment is set to 1000. Minimum Lumpsum Investment is 5000.
The investment objective of the Scheme is 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.