Axis Ultra Short Term Fund

₹10.94 0.05 %Nav, as on 11-11-2019
Previous Nav
₹ 10.9368
Net Change on 11-11-2019
₹0.01
PersonalFN Rating

Axis Ultra Short Term Fund 5 PersonalFN
Category
Debt - Ultra Short Duration Fund
Assets (Cr.)
₹ 2,991.04
Expense Ratio
1.18%
(As on Sep 30, 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 (₹)
10.13
52 Week Low Nav Date
12-Nov-2018
52 Week High Nav (₹)
10.94
52 Week High Nav Date
08-Nov-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
NIFTY 1 Year T-Bill 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 - Discipline Advantage Plan	Jun 23, 2009	9.45	7.98	8.47	0.37	15,840.22
Aditya Birla Sun Life Savings Fund - Growth	Apr 16, 2003	9.02	7.76	8.34	0.37	15,840.22
Kotak Savings Fund -Growth	Aug 13, 2004	8.39	7.36	7.80	0.76	11,280.56
SBI MAGNUM ULTRA SHORT DURATION FUND - REGULAR PLAN - GROWTH	May 19, 1999	8.46	7.53	7.76	0.51	10,925.22
DSP Ultra Short Fund - Regular Plan - Growth	Jul 31, 2006	6.59	6.15	6.82	1.00	2,827.79

Fund Holdings as on 31-October-2019

Company % Assets
Clearing Corporation of India Ltd
5.90
Small Industries Dev Bank of India (03/04/2020) ** #
4.08
Emami Limited (16/12/2019) ** #
3.32
8.36% Power Finance Corporation Limited (26/02/2020) **
3.03
Larsen & Toubro Limited (28/02/2020) ** #
2.46
National Bank For Agriculture and Rural Development (06/03/2020) ** #
2.46
Net Receivables / (Payables)
1.95
8.90% Reliance Jio Infocomm Limited (21/01/2020) **
1.85
7.90% Nirma Limited (28/02/2020) **
1.84
8.20% Power Finance Corporation Limited (14/09/2020) **
1.70
8.15% National Bank For Agriculture and Rural Development (22/08/2022) **
1.69
8.05% National Housing Bank (10/01/2022) **
1.68
7.65% National Housing Bank (25/03/2022) **
1.68
8.68% Grasim Industries Limited (02/02/2020) **
1.68
9.6556% Tata Motors Finance Limited (20/03/2020) **
1.68
RENT-A-DEVICE TRUST (28/09/2020) **
1.66
Britannia Industries Limited (20/12/2019) ** #
1.66
Larsen & Toubro Limited (27/12/2019) ** #
1.66
IndusInd Bank Limited (26/02/2020) ** #
1.64
HSBC InvestDirect Financial Services (India) Limited (10/02/2020) ** #
1.64
IDFC First Bank Limited (26/03/2020) ** #
1.64
Cholamandalam Investment and Finance Company Limited (12/06/2020) ** #
1.61
National Bank For Agriculture and Rural Development (16/07/2020) ** #
1.61
1.5% Housing Development Finance Corporation Limited (30/03/2020) **
1.54
9.15% Coastal Gujarat Power Limited (12/06/2020) **
1.51
10.35% Bahadur Chand Investments Pvt Limited (16/01/2024) ** #
1.51
9.85% Adani Transmission Limited (16/12/2019) **
1.51
8.65% Dalmia Cement (Bharat) Limited (19/10/2020) **
1.50
8.50% National Bank For Agriculture and Rural Development (31/01/2022) **
1.35
9.15% Essel Mining And Industries Ltd (17/07/2022) ** #
1.34
Rainbow Devices Trust (28/09/2020) **
1.30
Housing Development Finance Corporation Limited (26/05/2020) ** #
1.29
6.80% National Bank For Agriculture and Rural Development (03/03/2020) **
1.17
8.64% IDFC First Bank Limited (15/04/2020) **
1.17
Orelia Trust Aug 2019 (24/08/2020) ** #
1.09
Aditya Birla Finance Limited (05/06/2020) (ZCB) **
1.09
7.74% LIC Housing Finance Limited (05/06/2020) **
1.01
LIC Housing Finance Limited (25/02/2020) (ZCB) **
0.95
9.0291% Tata Motors Finance Limited (30/01/2020) **
0.94
8.28% Oriental Nagpur Betul Highway Limited (30/03/2020) **
0.90
8.15% REC Limited (18/06/2021) **
0.85
Reliable Devices Trust (21/12/2020) **
0.85
7.40% Housing Development Finance Corporation Limited (17/11/2020) **
0.84
6.77% Larsen & Toubro Limited (20/08/2020) **
0.84
6.95% Reliance Industries Limited (14/12/2020)
0.84
8.7% JK Lakshmi Cement Limited (06/01/2020) **
0.84
8.95% Reliance Jio Infocomm Limited (18/11/2019) **
0.84
9.00% Talwandi Sabo Power Limited (30/11/2020) **
0.84
IDFC First Bank Limited (11/12/2019) ** #
0.83
Kotak Mahindra Prime Limited (17/01/2020) ** #
0.83
JM Financial Products Limited (24/12/2019) ** #
0.83
Reliance Industries Limited (03/03/2020) ** #
0.82
ICICI Bank Limited (23/03/2020) ** #
0.82
Bahadur Chand Investments Pvt Limited (28/01/2020) #
0.82
RELIANCE RETAIL LTD (16/03/2020) ** #
0.82
Barclays Investments & Loans (India) Private Limited (28/02/2020) ** #
0.82
Bank of Baroda (02/04/2020) ** #
0.82
TMF Holdings Limited (24/01/2020) (ZCB) ** #
0.82
Bank of Baroda (01/06/2020) #
0.81
8.75% Muthoot Finance Limited (24/06/2020) **
0.80
11.955% Northern Arc Capital Limited (25/06/2021) **
0.67
7.90% Tata Sons Private Ltd (06/03/2020) ** #
0.67
ICICI Bank Limited (25/11/2019) ** #
0.67
7.60% Hero Fincorp Limited (18/11/2020) **
0.66
8.70% Power Finance Corporation Limited (15/07/2020) **
0.61
9.48% Bank of Baroda (09/01/2020) **
0.60
8.25% Bharti Airtel Limited (20/04/2020) **
0.58
11.25% Hansdeep Industries & Trading Company Limited (13/08/2020) **
0.53
7.92% Hero Fincorp Limited (05/06/2020) **
0.50
9.00% Muthoot Finance Limited (30/01/2020) **
0.50
National Bank For Agriculture and Rural Development (18/02/2020) ** #
0.49
MFL Securitisation Trust (15/09/2020) ** #
0.39
JSW Techno Projects Management Limited (28/02/2020) (ZCB) ** #
0.37
8.80% REC Limited (29/11/2020) **
0.34
9.11% Housing Development Finance Corporation Limited (13/12/2019) **
0.34
7.33% Jamnagar Utilities & Power Private Limited (28/02/2020) **
0.34
7.40% Jamnagar Utilities & Power Private Limited (29/07/2020) **
0.34
8.76% Power Finance Corporation Limited (07/11/2019) **
0.33
7.84% PVR Limited (10/07/2020) **
0.33
8.45% Shriram Transport Finance Company Limited (27/03/2020) **
0.33
MFL Securitisation Trust (15/04/2020) ** #
0.31
National Bank For Agriculture and Rural Development (15/05/2020) ** #
0.26
9.8762% IndoStar Capital Finance Limited (01/11/2019) **
0.23
IndusInd Bank Limited (11/11/2019) #
0.23
11.25% Hansdeep Industries & Trading Company Limited (28/09/2020) **
0.17
8.65% Housing Development Finance Corporation Limited (18/09/2020) **
0.17
8.15% Power Grid Corporation of India Limited (09/03/2020) **
0.17
7.07% Reliance Industries Limited (24/12/2020)
0.17
11.9414% Ess Kay Fincorp Limited (13/09/2022) **
0.17
11.00% PVR Limited (24/11/2019) **
0.17
11.4321% Asirvad Microfinance Ltd (22/06/2020) **
0.17
9.15% Birla Corporation Limited (18/08/2021) **
0.16
MFL Securitisation Trust (25/06/2021) ** #
0.16

Sector Holding%
Miscellaneous
51.47

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 ₹2,991.04 crore. Axis Ultra Short Term Fund is benchmarked against CRISIL Ultra Short Term Debt Index as primary index and NIFTY 1 Year T-Bill Index as secondary index.

The NAV of Axis Ultra Short Term Fund ended up ₹0.01(0.05%)yesterday to ₹10.94.

Among its top 3 holdings the fund has exposure to Clearing Corporation of India Ltd, Small Industries Dev Bank of India (03/04/2020) ** # and Emami Limited (16/12/2019) ** #

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(CE)
0.37
CARE A1+
7.40
CARE AA
0.60
CARE AA(CE)
1.51
CARE AA-
3.69
CARE AA-(CE)
0.70
Cash
7.85
CRISIL A
0.17
CRISIL A1+
16.79
CRISIL AA
3.72
CRISIL AA+
0.50
CRISIL AA-
2.83
CRISIL AAA
22.88
CRISIL AAA(SO)
0.86
ICRA A+
0.67
ICRA A1+
5.61
ICRA A1+(SO)
1.09
ICRA AA
4.34
ICRA AA+
0.66
ICRA AAA
2.77
ICRA AAA(SO)
3.81
IND A1+
5.14
IND AA(CE)
0.84
IND AA+
1.84
IND AAA
3.36

Financial Health Checkup

Money Simplified Videos

Infographics