|Min SIP Amount||Not Supported|
|NAV||₹11.78 (11 Jun 2021)|
|Fund Started||10 Sep 2018|
|Fund Size||₹6,382 Cr|
|Reserve Bank of India||Financial||T-Bills||5.8%|
|Small Industries Devp. Bank of India Ltd.||Financial||NCD||4.5%|
|Reserve Bank of India||Financial||T-Bills||4.4%|
|IDFC First Bank Ltd.||Financial||CD||3.4%|
|National Bank For Agriculture & Rural Development||Financial||CP||3.0%|
|Birla Group Holdings Pvt. Ltd.||Financial||CP||2.1%|
|Embassy Office Parks REIT||Construction||NCD||2.1%|
Axis Ultra Short Term Fund Regular IDCW is a Debt Mutual Fund Scheme launched by Axis Mutual Fund. This scheme was made available to investors on 10 Sep 2018. Sachin Jain is the Current Fund Manager of Axis Ultra Short Term Fund Regular IDCW fund.The fund currently has an Asset Under Management(AUM) of ₹6,382 Cr and the Latest NAV as of 11 Jun 2021 is ₹11.78.
The Axis Ultra Short Term Fund Regular IDCW is rated Moderate risk.
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.
Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.