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Axis Ultra Short Duration Fund - Direct Plan Growth
★★★★★ monitor_heart Health Score: 75/100 · GoodAxis Mutual Fund · Debt · Ultra Short Duration
₹16.75
AUM: ₹4,948 Cr
NAV updated 9 days ago
Plan
Direct
Option
Growth
Risk
Low to Moderate
Expense Ratio
0.36%
Exit Load
Nil
Fund Manager
Aditya Pagaria
Inception
Sep 2018
Benchmark
NIFTY Ultra Short Duration Debt Index A-I
Sharpe Ratio
0.67
Std Dev (1Y)
0.43%
Historical Returns (CAGR)
Annualized trailing returns computed from NAV history — past performance only, not a guarantee of future results.
1m
+0.62%
3m
+1.58%
6m
+3.43%
1y
+6.56%
3y
+7.42%
5y
+6.65%
10y
—
since inception
+6.76%
rate_review TopFund's Take on Axis Ultra Short Duration Fund - Direct Plan Growth
Axis Ultra Short Duration Fund - Direct Plan Growth holds up reasonably well within the Ultra Short Duration category, backed by a 4-star rating. TopFund's composite Health Score, which weighs rating, 3-year CAGR, expense ratio and fund size, puts it at 75/100.
Cost: At 0.36%, the expense ratio runs 16% above the Ultra Short Duration category average of 0.31%. That gap is worth weighing against the fund's actual performance versus cheaper peers before committing to a long SIP.
Risk-adjusted performance: Over the trailing 1-year period, the fund shows a moderate Sharpe ratio of 0.67 — decent risk-adjusted performance, without being exceptional. Separately, annualised volatility of 0.43% is on the lower side, suggesting a comparatively smoother ride.
Who should invest: This fund is best suited to investors whose goals and risk appetite align with a Debt fund.
This is an automated, data-driven analysis based on the fund's own metrics and its category peers — not personalized investment advice. Consult a SEBI-registered advisor before investing.
donut_small Sector Allocation
pie_chart Asset Allocation
info Fund Snapshot
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Frequently Asked Questions about Axis Ultra Short Duration Fund - Direct Plan Growth
The current NAV (Net Asset Value) of Axis Ultra Short Duration Fund - Direct Plan Growth is ₹16.75. NAV is updated every business day after market close by AMFI.
1Y: 6.56% · 3Y CAGR: 7.42% · 5Y CAGR: 6.65%
The expense ratio is 0.36% per annum — the annual fee deducted from your investment to cover fund management costs.
Axis Ultra Short Duration Fund - Direct Plan Growth is managed by Aditya Pagaria at Axis Mutual Fund.
Axis Ultra Short Duration Fund - Direct Plan Growth is a Low to Moderate risk fund. Suitable for investors with a moderate risk appetite.
Axis Ultra Short Duration Fund - Direct Plan Growth is a Ultra Short Duration fund. SIP suitability depends on your investment goal and risk profile.
The Assets Under Management (AUM) of Axis Ultra Short Duration Fund - Direct Plan Growth is ₹4,949 crore as of the latest data.
* Past performance is not indicative of future results. Mutual fund investments are subject to market risks.