Axis Ultra Short Term Fund - Dividend - Direct Plan

Item: Axis Ultra Short Term Fund - Dividend - Direct Plan
Rating: 1
Author: PersonalFN

₹10.0658 0.01 %Nav, as on 16-04-2021
Previous Nav
₹ 10.0648
Net Change on 16-04-2021
₹0
PersonalFN Rating
Category
Debt - Ultra Short Duration Fund
Assets (Cr.)
₹ 4,679.24
Expense Ratio
0.3%
(As on Mar 31, 2021)

Fund Overview IDCW | 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 (₹)
11.36
52 Week Low Nav Date
29-Apr-2020
52 Week High Nav (₹)
11.99
52 Week High Nav Date
16-Apr-2021

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	1-Year Return (%)	3-Year Return (%)	5-Year Return (%)	Expense Ratio (%)	Assets (Cr.)
Aditya Birla Sun Life Savings Fund-DIRECT - DAILY IDCW	Jan 01, 2013	6.66	5.91	5.81	0.34	16,098.33
Aditya Birla Sun Life Savings Fund-DIRECT - WEEKLY IDCW	Jan 01, 2013	6.66	5.91	5.82	0.34	16,098.33
SBI Magnum Ultra Short Duration Fund - Direct Plan - Daily Income Distribution cum Capital Withdrawal Option (IDCW)	Jan 01, 2013	5.33	5.53	5.33	0.31	9,007.04
SBI Magnum Ultra Short Duration Fund - Direct Plan - Weekly Income Distribution cum Capital Withdrawal Option (IDCW)	Jan 17, 2013	5.34	5.54	5.34	0.31	9,007.04
ICICI Prudential Ultra Short Term Fund - Direct Plan - Half Yearly IDCW	Jul 29, 2015	6.77	6.16	6.26	0.39	8,287.87

Fund Holdings as on 31-March-2021

Company % Assets
7.89% Small Industries Dev Bank of India (15/11/2022) **
5.58
7.94% Government of India (24/05/2021)
4.84
364 Days Tbill (MD 22/04/2021)
2.88
Net Receivables / (Payables)
2.64
Embassy Office Parks REIT (03/06/2022) (ZCB) **
2.59
364 Days Tbill (MD 17/06/2021)
2.23
Clearing Corporation of India Ltd
2.21
6.95% LIC Housing Finance Limited (04/06/2021) **
2.15
4.6% National Bank For Agriculture and Rural Development (29/07/2024) **
2.14
Jamnagar Utilities & Power Private Limited (26/04/2021) **
2.13
IDFC First Bank Limited (04/05/2021) ** #
2.13
L & T Housing Finance (20/05/2021) **
2.13
National Bank For Agriculture and Rural Development (01/06/2021) **
2.13
Reliance Retail Ventures Limited (14/06/2021) **
2.12
National Bank For Agriculture and Rural Development (21/06/2021) **
2.12
Reliance Industries Limited (28/06/2021) **
2.12
Larsen & Toubro Limited (27/07/2021)
2.11
Reliance Industries Limited (12/08/2021) **
2.11
Birla Group Holdings Private Limited (25/06/2021) **
2.11
Housing Development Finance Corporation Limited (24/09/2021) **
2.10
364 Days Tbill (MD 24/06/2021)
1.59
8.75% Nuvoco Vistas Corporation Limited (15/09/2021) **
1.52
8.35% Daimler Financial Services India Pvt Limited (17/09/2021) **
1.20
7.35% Mahindra Rural Housing Finance Limited (12/08/2022) **
1.19
2% Tata Steel Limited (23/04/2022) **
1.18
6.93% UltraTech Cement Limited (25/11/2021) **
1.09
9.14% Bank of Baroda (22/03/2022) **
1.08
8.49% Cholamandalam Investment and Finance Company Limited (21/06/2021) **
1.08
6.5% TATA Realty & Infrastructure Limited (23/09/2022) **
1.07
4.65% Citicorp Finance India Limited (22/06/2022) **
1.07
National Bank For Agriculture and Rural Development (19/04/2021) **
1.07
L & T Infrastructure Finance Company Limited (29/04/2021) **
1.07
182 Days Tbill (MD 27/05/2021)
1.06
Bank of Baroda (28/05/2021) #
1.06
National Bank For Agriculture and Rural Development (28/05/2021) **
1.06
Reliance Industries Limited (15/06/2021) **
1.06
364 Days Tbill (MD 01/07/2021)
1.06
Bajaj Housing Finance Limited (29/06/2021) **
1.06
Shining Metal Trust (15/02/2022) **
1.05
Bahadur Chand Investments Pvt Limited (02/08/2021) **
1.05
RBL Bank Limited (15/09/2021) ** #
1.05
Standard Chartered Invest & Loans Limited (24/08/2021) **
1.05
JM Financial Services Limited (30/08/2021) **
1.04
ICICI Securities Limited (03/12/2021) **
1.04
IndusInd Bank Limited (09/03/2022) ** #
1.03
Infina Finance Private Limited (10/03/2022) **
1.02
9% Bahadur Chand Investments Pvt Limited (01/03/2024) **
0.96
6.22% Housing Development Finance Corporation Limited (10/12/2021)
0.87
5.8539% Cholamandalam Investment and Finance Company Limited (21/03/2023) **
0.85
Infina Finance Private Limited (12/08/2021) **
0.84
Bharti Hexacom Limited (09/09/2021) **
0.84
9.15% Coastal Gujarat Power Limited (14/06/2021) **
0.65
364 Days Tbill (MD 20/05/2021)
0.64
Tata Teleservices Limited (11/03/2022) **
0.61
7.87% Housing Development Finance Corporation Limited (18/07/2022)
0.56
8.73% State Government Securities (08/02/2022)
0.55
9.5% Muthoot Finance Limited (11/03/2022) **
0.55
10% Muthoot Finance Limited (06/09/2021) **
0.55
9.6% Aadhar Housing Finance Limited (29/09/2021) **
0.54
7.15% Housing Development Finance Corporation Limited (16/09/2021) **
0.54
7.12% The Ramco Cements Limited (18/06/2021) **
0.54
5.09% National Bank For Agriculture and Rural Development (12/02/2024)
0.54
6.75% Tata Motors Finance Limited (28/04/2022) **
0.53
IDFC First Bank Limited (14/05/2021) ** #
0.53
IndusInd Bank Limited (15/09/2021) ** #
0.53
Kotak Mahindra Investments Limited (09/11/2021) **
0.52
8.1% L & T Infrastructure Finance Company Limited (17/02/2022) **
0.44
8.8% Tata Capital Financial Services Limited (27/09/2021) **
0.44
8.75% Vedanta Limited (30/06/2022) **
0.43
Reliance Industries Limited (11/06/2021)
0.42
7.27% G R Infra Projects Limited (05/12/2025) **
0.42
First Business Receivables Trust (01/07/2021) **
0.42
National Bank For Agriculture and Rural Development (31/08/2021) **
0.42
Shriram Transport Finance Company Limited (31/05/2021) (ZCB) **
0.41
8.41% Pune Solapur Expressway Pvt Ltd (30/03/2029) **
0.33
6.5% EPL Limited (14/12/2022) **
0.32
9.5% Nirma Limited (06/07/2077) **
0.32
Tata Motors Finance Limited (28/09/2021) **
0.31
TMF Holdings Limited (11/11/2022) (ZCB) **
0.31
8.79% State Government Securities (21/12/2021)
0.22
9.22% State Government Securities (23/11/2021)
0.22
7% Housing Development Finance Corporation Limited (19/05/2022) **
0.22
8.4% Power Grid Corporation of India Limited (14/09/2021) **
0.22
9.15% Birla Corporation Limited (18/08/2021) **
0.21
Bahadur Chand Investments Pvt Limited (30/04/2021) **
0.21
7.36% JK Cement Limited (23/07/2024) **
0.21
91 Days Tbill (MD 15/04/2021)
0.17
PL Securitization Trust (10/11/2024) **
0.16
8.90% Bharti Telecom Limited (17/02/2022) **
0.11
8.15% REC Limited (18/06/2021)
0.11
9% Muthoot Finance Limited (24/04/2022) **
0.11
8.4% TATA Realty & Infrastructure Limited (06/06/2022) **
0.11
7.03% State Government Securities (26/10/2021)
0.11
6.5% EPL Limited (14/06/2023) **
0.11
National Bank For Agriculture and Rural Development (02/08/2021) **
0.11
First Business Receivables Trust (01/10/2021) **
0.10
First Business Receivables Trust (01/01/2022) **
0.08

Sector Holding%
Miscellaneous
35.98

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 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

Sachin Jain

Education:
Experience:
Basic Details:
Funds Managed:
Axis Regular Saver Fund
Axis Ultra Short Term Fund

Most Recent Dividend

Dividend Details

Record Date Dividend (%)
25/03/2021
0.25
25/02/2021
0.38
25/01/2021
0.33
28/12/2020
0.34
25/11/2020
0.43
26/10/2020
0.42
25/09/2020
0.43
25/08/2020
0.51
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
1.72
BWR AAA(SO)
0.16
CARE AA
1.72
CARE AA(CE)
0.65
CARE AAA
7.73
Cash
4.85
CRISIL A1+
31.10
CRISIL AA
1.94
CRISIL AA+
2.38
CRISIL AA-
1.28
CRISIL AAA
7.08
CRISIL AAA(SO)
0.60
ICRA A1+
10.15
ICRA A1+(SO)
1.05
ICRA AA
2.35
ICRA AA(CE)
0.33
ICRA AA+
3.02
ICRA AA-
0.31
ICRA AAA
3.75
IND A1+
1.06
IND AA+
1.19
Sovereign
15.57

About Axis Ultra Short Term Fund

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 ₹4,679.24 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 up ₹0(0.01%)yesterday to ₹10.0658.

Among its top 3 holdings the fund has exposure to 7.89% Small Industries Dev Bank of India (15/11/2022) **, and

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

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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