Axis Ultra Short Term Fund

₹10.83 0.02 %Nav, as on 19-09-2019
Previous Nav
₹ 10.8277
Net Change on 19-09-2019
₹0
PersonalFN Rating
Unrated
Category
Debt - Ultra Short Duration Fund
Assets (Cr.)
₹ 2,584.08
Expense Ratio
1.19%
(As on Aug 31, 2019)

Fund Overview Growth | Regular Plan

Fund House
Axis Mutual Fund
Launch Date
10-Sep-2018
Benchmark
CRISIL Ultra Short Term Debt 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 (₹)
10.02
52 Week Low Nav Date
25-Sep-2018
52 Week High Nav (₹)
10.83
52 Week High Nav Date
18-Sep-2019

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
CRISIL Ultra Short Term 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 - Discipline Advantage Plan	Jun 23, 2009	Unrated	9.53	8.05	8.53	0.35	15,420.94
Aditya Birla Sun Life Savings Fund - Growth	Apr 16, 2003	Unrated	9.10	7.85	8.42	0.35	15,420.94
Kotak Savings Fund -Growth	Aug 13, 2004		8.42	7.39	7.90	0.76	13,960.77
SBI MAGNUM ULTRA SHORT DURATION FUND - REGULAR PLAN - GROWTH	May 19, 1999		8.58	7.50	7.80	0.51	9,411.14
ICICI Prudential Ultra Short Term Fund - Growth	May 03, 2011		8.65	7.70	9.00	0.94	5,458.94

Fund Holdings as on 31-August-2019

Company % Assets
Clearing Corporation of India Ltd
5.38
Housing Development Finance Corporation Limited (29/11/2019) #
2.86
National Bank For Agriculture and Rural Development (16/07/2020) ** #
2.75
Net Receivables / (Payables)
2.52
Britannia Industries Limited (20/12/2019) ** #
2.28
Reliance Industries Limited (23/12/2019) ** #
2.28
8.90% Reliance Jio Infocomm Limited (21/01/2020) **
2.14
7.90% Nirma Limited (28/02/2020) **
2.12
8.68% Grasim Industries Limited (02/02/2020) **
1.95
8.05% National Housing Bank (10/01/2022) **
1.95
7.65% National Housing Bank (25/03/2022) **
1.95
Housing Development Finance Corporation Limited (06/11/2019) #
1.92
Tata Motors Limited (29/11/2019) ** #
1.91
RENT-A-DEVICE TRUST (28/09/2020) **
1.91
Larsen & Toubro Limited (27/12/2019) ** #
1.90
IndusInd Bank Limited (26/02/2020) ** #
1.88
National Bank For Agriculture and Rural Development (13/03/2020) #
1.87
HSBC InvestDirect Financial Services (India) Limited (10/02/2020) ** #
1.87
IDFC First Bank Limited (26/03/2020) ** #
1.87
Small Industries Dev Bank of India (03/04/2020) ** #
1.87
Cholamandalam Investment and Finance Company Limited (12/06/2020) ** #
1.83
8.50% National Bank For Agriculture and Rural Development (31/01/2022) **
1.75
9.04% REC Limited (12/10/2019) **
1.75
8.65% Dalmia Cement (Bharat) Limited (19/10/2020) **
1.73
Bank of Baroda (17/03/2020) ** #
1.69
Orelia Trust Aug 2019 (24/08/2020) ** #
1.56
9.15% Essel Mining And Industries Ltd (17/07/2022) ** #
1.55
Rainbow Devices Trust (28/09/2020) **
1.49
Housing Development Finance Corporation Limited (26/05/2020) ** #
1.48
ICICI Bank Limited (21/08/2020) ** #
1.46
10.35% Bahadur Chand Investments Pvt Limited (16/01/2024) ** #
1.36
8.64% IDFC First Bank Limited (15/04/2020) **
1.35
8.5975% L&T Finance Limited (19/12/2019) **
1.17
9.71% Tata Motors Limited (01/10/2019) **
1.16
LIC Housing Finance Limited (25/02/2020) (ZCB) **
1.09
8.28% Oriental Nagpur Betul Highway Limited (30/03/2020) **
1.04
Reliable Devices Trust (21/12/2020) **
0.98
8.20% Power Finance Corporation Limited (14/09/2020) **
0.98
8.882% Tata Capital Financial Services Limited (20/01/2020) **
0.97
8.95% Reliance Jio Infocomm Limited (18/11/2019) **
0.97
9.15% Coastal Gujarat Power Limited (12/06/2020) **
0.97
8.37% LIC Housing Finance Limited (03/10/2019) **
0.97
7.85% Small Industries Dev Bank of India (26/03/2021) **
0.97
8.25% Vedanta Limited (28/10/2019) **
0.97
JM Financial Services Limited (25/09/2019) ** #
0.96
Oriental Bank of Commerce (31/10/2019) ** #
0.96
Housing Development Finance Corporation Limited (10/12/2019) ** #
0.95
IDFC First Bank Limited (11/12/2019) ** #
0.95
National Bank For Agriculture and Rural Development (18/02/2020) ** #
0.94
RELIANCE RETAIL LTD (16/03/2020) ** #
0.94
TMF Holdings Limited (24/01/2020) (ZCB) ** #
0.93
8.75% Muthoot Finance Limited (24/06/2020) **
0.93
Bank of Baroda (01/06/2020) ** #
0.92
Export Import Bank of India (24/06/2020) ** #
0.92
9.36% L&T Finance Limited (20/12/2019) **
0.90
11.955% Northern Arc Capital Limited (25/06/2021) **
0.78
7.90% Tata Sons Private Ltd (06/03/2020) ** #
0.78
8.65% Dalmia Cement (Bharat) Limited (19/10/2019) **
0.78
7.60% Hero Fincorp Limited (18/11/2020) **
0.77
ICICI Bank Limited (25/11/2019) ** #
0.76
National Bank For Agriculture and Rural Development (29/01/2020) #
0.76
8.70% Power Finance Corporation Limited (15/07/2020) **
0.71
9.48% Bank of Baroda (09/01/2020) **
0.70
7.92% Hero Fincorp Limited (05/06/2020) **
0.58
7.75% Talwandi Sabo Power Limited (20/09/2019) **
0.58
MFL Securitisation Trust (15/09/2020) ** #
0.48
MFL Securitisation Trust (15/04/2020) ** #
0.47
JSW Techno Projects Management Limited (28/02/2020) (ZCB) ** #
0.43
IIFL Home Finance Limited (06/04/2020) (ZCB) **
0.42
8.80% REC Limited (29/11/2020) **
0.39
9.11% Housing Development Finance Corporation Limited (13/12/2019) **
0.39
8.76% Power Finance Corporation Limited (07/11/2019) **
0.39
7.33% Jamnagar Utilities & Power Private Limited (28/02/2020) **
0.39
7.40% Jamnagar Utilities & Power Private Limited (29/07/2020) **
0.39
8.45% Shriram Transport Finance Company Limited (27/03/2020) **
0.38
Small Industries Dev Bank of India (18/03/2020) ** #
0.37
9.8762% IndoStar Capital Finance Limited (01/11/2019) **
0.27
MFL Securitisation Trust (25/06/2021) ** #
0.23
11.00% PVR Limited (24/11/2019) **
0.20
11.4321% Asirvad Microfinance Ltd (22/06/2020) **
0.19
7.07% Reliance Industries Limited (24/12/2020) **
0.19
9.00% Muthoot Finance Limited (30/01/2020) **
0.19
Housing Development Finance Corporation Limited (02/03/2020) ** #
0.19
8.65% IDFC First Bank Limited (30/09/2019) **
0.15

Sector Holding%
Miscellaneous
43.66

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 ₹2,584.08 crore. Axis Ultra Short Term Fund is benchmarked against CRISIL Ultra Short Term Debt Index as primary index.

The NAV of Axis Ultra Short Term Fund ended up ₹0(0.02%)yesterday to ₹10.83.

Among its top 3 holdings the fund has exposure to Clearing Corporation of India Ltd, Housing Development Finance Corporation Limited (29/11/2019) # and National Bank For Agriculture and Rural Development (16/07/2020) ** #

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

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 Overnight Fund
Axis Treasury Advantage Fund
Axis Ultra Short Term Fund

Holding Type Holding %
BWR A(SO)
0.43
CARE A1+
2.24
CARE AA
0.70
CARE AA(SO)
0.97
CARE AA+
0.15
CARE AA-
1.43
CARE AAA
0.97
Cash
7.90
CRISIL A+
0.19
CRISIL A1+
24.00
CRISIL AA
4.63
CRISIL AA(SO)
0.58
CRISIL AA+
0.58
CRISIL AA-
2.68
CRISIL AAA
14.32
CRISIL AAA(SO)
1.18
ICRA A+
0.78
ICRA A1+
6.00
ICRA AA
5.22
ICRA AA+
0.77
ICRA AAA
3.82
ICRA AAA(SO)
5.94
IND A1+
9.10
IND AA+
0.38
IND AAA
5.07

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