Data shown is for informational purposes only and does not constitute investment advice. TopFund is not SEBI-registered. Consult a SEBI-registered advisor before investing.
Axis Ultra Short Duration Fund - Direct Plan - Monthly IDCW
★★★★★ monitor_heart Health Score: 55/100 · AveragePGIM India Mutual Fund · Debt · Ultra Short Duration
₹10.08
AUM: ₹165 Cr
NAV updated 9 days ago
Plan
Direct
Option
Idcw
Risk
Low to Moderate
Expense Ratio
0.3%
Exit Load
Nil
Fund Manager
Kumaresh Ramakrishnan, Kunal Jain
Inception
Jan 2013
Benchmark
CRISIL Ultra Short Duration Debt A-I Index
Sharpe Ratio
-3.13
Std Dev (1Y)
2.02%
Historical Returns (CAGR)
Annualized trailing returns computed from NAV history — past performance only, not a guarantee of future results.
1m
+0.59%
3m
+1.54%
6m
+3.24%
1y
+6.1%
3y
+7.06%
5y
+6.35%
10y
+7.24%
since inception
+0.06%
rate_review TopFund's Take on Axis Ultra Short Duration Fund - Direct Plan - Monthly IDCW
Axis Ultra Short Duration Fund - Direct Plan - Monthly IDCW sits in the middle of the pack for Ultra Short Duration funds, currently carrying a 2-star rating. TopFund's composite Health Score, which weighs rating, 3-year CAGR, expense ratio and fund size, puts it at 55/100.
Cost: At 0.3%, the expense ratio is roughly in line with the Ultra Short Duration category average of 0.31% — cost isn't a standout factor either way for this fund.
Risk-adjusted performance: Over the trailing 1-year period, the fund shows a negative Sharpe ratio of -3.13 — over the past year, returns haven't kept pace with the volatility involved, even before accounting for the risk-free rate. Separately, annualised volatility of 2.02% 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
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info Fund Snapshot
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Frequently Asked Questions about Axis Ultra Short Duration Fund - Direct Plan - Monthly IDCW
The current NAV (Net Asset Value) of Axis Ultra Short Duration Fund - Direct Plan - Monthly IDCW is ₹10.08. NAV is updated every business day after market close by AMFI.
1Y: 6.1% · 3Y CAGR: 7.06% · 5Y CAGR: 6.35%
The expense ratio is 0.3% per annum — the annual fee deducted from your investment to cover fund management costs.
Axis Ultra Short Duration Fund - Direct Plan - Monthly IDCW is managed by Kumaresh Ramakrishnan, Kunal Jain at PGIM India Mutual Fund.
Axis Ultra Short Duration Fund - Direct Plan - Monthly IDCW is a Low to Moderate risk fund. Suitable for investors with a moderate risk appetite.
Axis Ultra Short Duration Fund - Direct Plan - Monthly IDCW 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 - Monthly IDCW is ₹166 crore as of the latest data.
* Past performance is not indicative of future results. Mutual fund investments are subject to market risks.