Axis Ultra Short Term Fund - Dividend - Direct Plan

Item: Axis Ultra Short Term Fund - Dividend - Direct Plan
Rating: 2
Author: PersonalFN

₹10.0532 (0%)Nav, as on 07-08-2020
Previous Nav
₹ 10.0535
Net Change on 07-08-2020
₹0
PersonalFN Rating
Category
Debt - Ultra Short Duration Fund
Assets (Cr.)
₹ 3,945.26
Expense Ratio
0.28%
(As on Jun 30, 2020)

Fund Overview Dividend | Direct Plan

Fund House
Axis Mutual Fund
Launch Date
10-Sep-2018
Benchmark
NIFTY 1 Year T-Bill Index
Minimum Investment (₹)
5,000
Minimum Addl Investment (₹)
100
Exit Load (%)
Nil
Minimum SIP Investment (₹)
1,000
Minimum STP Investment (₹)
1,000
Minimum SWP Investment (₹)
1,000
52 Week Low Nav (₹)
10.83
52 Week Low Nav Date
07-Aug-2019
52 Week High Nav (₹)
11.61
52 Week High Nav Date
06-Aug-2020

Fund Objective

The investment objective of the Scheme is to generate regular income and capital appreciation byinvesting in a portfolio of short term debt and money market instruments with relatively lower interestrate risk such that Macaulay duration of the portfolio is between 3 months and 6 months.

Fund Performance

Scheme Name	1-Month Return (%)	3-Month Return (%)	1-Year Return (%)	3-Year Return (%)	5-Year Return (%)	Since Inception
NIFTY 1 Year T-Bill Index	N/A	N/A	N/A	N/A	N/A	N/A
NIFTY Ultra Short Duration Debt Index	N/A	N/A	N/A	N/A	N/A	N/A

Returns upto 1 year is Annualised, and above 1 year are Compounded Annualised

Peer Fund Comparison

Scheme Name	Launch Date	Ratings	1-Year Return (%)	3-Year Return (%)	5-Year Return (%)	Expense Ratio (%)	Assets (Cr.)
Aditya Birla Sun Life Savings Fund - Daily Dividend - Direct Plan	Jan 01, 2013		6.53	5.87	6.06	0.33	11,830.21
Aditya Birla Sun Life Savings Fund - Weekly Dividend - Direct Plan	Jan 01, 2013		6.54	5.88	6.06	0.33	11,830.21
Franklin India Ultra Short Bond Fund - Super Institutional Plan - Direct - Daily Dividend	Jan 01, 2013	Unrated	3.42	5.30	5.90	0.07	9,772.05
Franklin India Ultra Short Bond Fund - Super Institutional Plan - Direct - Weekly Dividend	Jan 01, 2013	Unrated	3.43	5.27	5.85	0.07	9,772.05
SBI MAGNUM ULTRA SHORT DURATION FUND - DIRECT PLAN - DAILY DIVIDEND	Jan 01, 2013		5.95	5.76	5.60	0.33	9,750.02

Fund Holdings as on 31-July-2020

Company % Assets
84 Days CMB (MD 20/08/2020)
8.22
Grasim Industries Limited (22/09/2020) **
5.68
Clearing Corporation of India Ltd
3.63
Tata Capital Financial Services Limited (26/10/2021) (ZCB) **
3.44
2% Tata Steel Limited (23/04/2022) **
3.00
8.2% Power Finance Corporation Limited (14/09/2020) **
2.93
EMBASSY OFFICE PARK REIT (03/06/2022) (ZCB) **
2.91
8.7% Housing Development Finance Corporation Limited (15/12/2020) **
2.81
8.8% LIC Housing Finance Limited (24/12/2020) **
2.58
182 Days Tbill (MD 24/09/2020)
2.52
182 Days Tbill (MD 17/12/2020)
2.50
Reliance Industries Limited (05/03/2021) **
2.48
8.36% REC Limited (22/09/2020) **
2.42
8.15% National Bank For Agriculture and Rural Development (22/08/2022) **
2.39
6.98% National Bank For Agriculture and Rural Development (30/09/2020)
2.17
8.65% Dalmia Cement (Bharat) Limited (19/10/2020) **
2.16
8.35% Daimler Financial Services India Pvt Limited (17/09/2021) **
2.06
Net Receivables / (Payables)
2.00
7.5% Power Finance Corporation Limited (17/09/2020) **
1.91
182 Days Tbill (MD 19/11/2020)
1.76
182 Days Tbill (MD 10/12/2020)
1.63
RENT-A-DEVICE TRUST (28/09/2020) **
1.55
Bank of Baroda (09/03/2021) ** #
1.37
8.25% Bharti Telecom Limited (17/03/2021) **
1.29
7.65% LIC Housing Finance Limited (17/11/2020) **
1.28
8.62% Housing Development Finance Corporation Limited (15/10/2020) **
1.28
Housing Development Finance Corporation Limited (03/11/2020) **
1.26
IndusInd Bank Limited (27/11/2020) ** #
1.25
Power Grid Corporation of India Limited (18/01/2021) **
1.25
Small Industries Dev Bank of India (12/03/2021) ** #
1.24
Housing Development Finance Corporation Limited (10/03/2021) **
1.24
Larsen & Toubro Limited (26/03/2021) **
1.24
9% Bahadur Chand Investments Pvt Limited (01/03/2024) **
1.15
9.15% Essel Mining And Industries Ltd (17/07/2022) ** #
1.03
Rainbow Devices Trust (28/09/2020) **
0.99
8.75% Nuvoco Vistas Corporation Limited (15/09/2021) **
0.89
National Bank For Agriculture and Rural Development (14/01/2021) ** #
0.87
9.15% Coastal Gujarat Power Limited (14/06/2021) **
0.77
7.4% Housing Development Finance Corporation Limited (17/11/2020) **
0.77
8.2534% LIC Housing Finance Limited (17/09/2021) **
0.66
8.15% REC Limited (18/06/2021) **
0.66
7.06% Housing Development Finance Corporation Limited (13/12/2021) **
0.65
Reliable Devices Trust (21/12/2020) **
0.65
7.12% The Ramco Cements Limited (18/06/2021) **
0.64
6.95% Reliance Industries Limited (14/12/2020) **
0.64
8.17% MAHINDRA RURAL HOUSING FINANCE (28/12/2020) (FRN) **
0.64
6.77% Larsen & Toubro Limited (20/08/2020) **
0.63
7.82% Godrej Properties Limited (25/09/2020) **
0.63
National Bank For Agriculture and Rural Development (05/08/2020) ** #
0.63
Larsen & Toubro Limited (15/12/2020) **
0.63
Housing Development Finance Corporation Limited (10/02/2021) **
0.62
Reliance Industries Limited (15/03/2021)
0.62
9.47% Shriram Transport Finance Company Limited (10/03/2021) **
0.62
8.80% REC Limited (29/11/2020) **
0.52
First Business Receivables Trust (01/04/2021) **
0.51
8.1% L & T Infrastructure Finance Company Limited (17/02/2022) **
0.51
7.6% Hero Fincorp Limited (18/11/2020) **
0.51
First Business Receivables Trust (01/07/2021) **
0.48
8.75% Vedanta Limited (30/06/2022) **
0.46
First Business Receivables Trust (01/10/2020) **
0.45
Orelia Trust (24/08/2020) ** #
0.42
First Business Receivables Trust (01/01/2021) **
0.42
8.60% National Bank For Agriculture and Rural Development (31/01/2022)
0.40
PL Securitization Trust (10/11/2024) **
0.38
9.5% Nirma Limited (06/07/2077) **
0.37
TMF Holdings Limited (11/11/2022) (ZCB) **
0.34
RENT-A-DEVICE TRUST (28/12/2020) **
0.30
8.8% REC Limited (25/10/2020) **
0.26
7% Housing Development Finance Corporation Limited (19/05/2022) **
0.26
7.07% Reliance Industries Limited (24/12/2020) **
0.26
8.36% Power Finance Corporation Limited (04/09/2020) **
0.25
7.36% JK Cement Limited (23/07/2024) **
0.25
9.25% IndoStar Capital Finance Limited (15/03/2021) **
0.25
National Bank For Agriculture and Rural Development (03/02/2021) ** #
0.20
MFL Securitisation Trust (15/09/2020) ** #
0.17
7.18% National Bank For Agriculture and Rural Development (08/08/2022) **
0.13
8.90% Bharti Telecom Limited (17/02/2022) **
0.13
8.65% Housing Development Finance Corporation Limited (18/09/2020) **
0.13
9.15% Birla Corporation Limited (18/08/2021) **
0.13
Small Industries Dev Bank of India (20/01/2021) ** #
0.12
First Business Receivables Trust (01/10/2021) **
0.12
91 Days Tbill (MD 22/10/2020)
0.11
First Business Receivables Trust (01/01/2022) **
0.09
7.90% National Bank For Agriculture and Rural Development (18/04/2022) **
0.08
7.35% Power Finance Corporation Limited (22/11/2022) **
0.05
8.78% NHPC Limited (11/02/2021) **
0.05
9.02% LIC Housing Finance Limited (03/12/2020) **
0.03

Sector Holding%
Miscellaneous
47.36

Fund Manager

Aditya Pagaria

Education:PGDBM
Experience:
Basic Details:Mr. Aditya Pagaria is associated with ICICI Prudential AMC from May 2007 till date. Prior to working in Dealing function, he was handling NAV and fund accounting related functions.
Funds Managed:
Axis Banking & PSU Debt Fund
Axis Liquid Fund
Axis Money Market Fund
Axis Money Market Fund
Axis Overnight Fund
Axis Overnight Fund
Axis Treasury Advantage Fund
Axis Ultra Short Term Fund

Most Recent Dividend

Dividend Details

Record Date Dividend (%)
27/07/2020
0.58
25/06/2020
0.53
26/05/2020
0.68
27/04/2020
0.95
25/02/2020
0.56
27/01/2020
0.64
26/12/2019
0.62
25/11/2019
0.67
25/10/2019
0.67
25/09/2019
0.67
26/08/2019
0.77
25/07/2019
0.70
25/06/2019
0.70
27/05/2019
0.70
25/04/2019
0.70
25/03/2019
0.80
25/02/2019
0.64
25/01/2019
0.66
26/12/2018
0.70
26/11/2018
0.78
25/10/2018
0.79

Holding Type Holding %
BWR AA
3.00
BWR AAA(SO)
0.38
CARE A1+
1.36
CARE AA
0.25
CARE AA(CE)
0.77
CARE AA-
0.25
CARE AAA
2.58
Cash
5.63
CRISIL A1+
10.59
CRISIL AA
1.35
CRISIL AA+
4.10
CRISIL AA-
1.40
CRISIL AAA
30.30
CRISIL AAA(SO)
2.24
ICRA A1+
5.68
ICRA A1+(SO)
0.42
ICRA AA
4.07
ICRA AA+
1.15
ICRA AA-
0.34
ICRA AAA
0.05
ICRA AAA(SO)
3.49
IND A1+
3.07
IND AA+
0.64
IND AAA
0.13
Sovereign
16.74

About Axis Ultra Short Term Fund

NULL

Scheme Analysis

Axis Ultra Short Term Fund is a Debt - Ultra Short Duration Fund fund and belongs to Axis Mutual Fund. It was launched on 10-Sep-2018 and currently has an AUM of ₹3,945.26 crore. Axis Ultra Short Term Fund is benchmarked against NIFTY 1 Year T-Bill Index as primary index and NIFTY Ultra Short Duration Debt Index as secondary index.

The NAV of Axis Ultra Short Term Fund ended down ₹0(0%)yesterday to ₹10.0532.

Among its top 3 holdings the fund has exposure to 84 Days CMB (MD 20/08/2020), and

The Axis Ultra Short Term Fund is managed by Aditya Pagaria .

Fund House Contact

Address:

Axis House, 1st Floor, C-2, Wadia International Centre, Pandurang Budhkar Marg, Worli, Mumbai - 400 025

Phone Number: 022-43255161

Email Address: customerservice@axismf.com

Fax Number: 022-43255199

Website: www.axismf.com

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