Axis Ultra Short Term Fund

₹10.70 0.01 %Nav, as on 18-07-2019
Previous Nav
₹ 10.6954
Net Change on 18-07-2019
₹0
PersonalFN Rating
Unrated
Category
Debt - Ultra Short Duration Fund
Assets (Cr.)
₹ 1,859.11
Expense Ratio
1.2%
(As on Jun 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 (₹)
10.00
52 Week Low Nav Date
10-Sep-2018
52 Week High Nav (₹)
10.70
52 Week High Nav Date
17-Jul-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	Apr 16, 2003	Unrated	8.83	7.93	8.45	0.35	15,269.91
Aditya Birla Sun Life Savings Fund - Growth	Apr 16, 2003	Unrated	8.83	7.93	8.45	0.35	15,269.91
Kotak Savings Fund -Growth	Aug 13, 2004		8.21	7.44	7.96	0.68	12,809.36
SBI MAGNUM ULTRA SHORT DURATION FUND - REGULAR PLAN - GROWTH	May 19, 1999		8.47	7.46	7.83	0.50	7,858.39
ICICI Prudential Ultra Short Term Fund - Growth	May 03, 2011		8.45	7.91	9.09	0.94	4,792.42

Fund Holdings as on 30-June-2019

Company % Assets
Clearing Corporation of India Ltd
6.45
9.04% REC Limited (12/10/2019)
4.05
8.50% National Bank For Agriculture and Rural Development (31/01/2022)
3.51
7.90% Nirma Limited (28/02/2020) **
2.94
8.05% National Housing Bank (10/01/2022) **
2.70
7.65% National Housing Bank (25/03/2022) **
2.69
IDFC First Bank Limited (29/07/2019) ** #
2.68
IDFC First Bank Limited (13/09/2019) ** #
2.65
RENT-A-DEVICE TRUST (28/09/2020) **
2.64
9.36% L&T Finance Limited (20/12/2019) **
2.59
IndusInd Bank Limited (26/02/2020) ** #
2.57
Cholamandalam Investment and Finance Company Limited (12/06/2020) ** #
2.50
Net Receivables / (Payables)
2.37
Bank of Baroda (17/03/2020) #
2.31
8.37% LIC Housing Finance Limited (03/10/2019) **
2.16
8.45% Housing Development Finance Corporation Limited (24/07/2019) **
2.15
Housing Development Finance Corporation Limited (26/05/2020) ** #
2.01
MFL Securitisation Trust (25/06/2021) ** #
1.94
National Bank For Agriculture and Rural Development (13/03/2020) ** #
1.90
10.35% Bahadur Chand Investments Pvt Limited (16/01/2024) ** #
1.89
10.00% Hinduja Leyland Finance Limited (31/08/2019) **
1.89
8.65% Indiabulls Housing Finance Limited (26/09/2019) **
1.88
9.15% Coastal Gujarat Power Limited (12/06/2020) **
1.35
9.71% Tata Motors Limited (01/10/2019) **
1.35
8.65% L&T Finance Limited (20/08/2019) **
1.35
8.74% MAHINDRA RURAL HOUSING FINANCE (26/08/2019) **
1.35
7.80% Cholamandalam Investment and Finance Company Limited (26/07/2019) **
1.34
Can Fin Homes Limited (09/07/2019) ** #
1.34
8.25% Vedanta Limited (28/10/2019) **
1.34
India Infoline Finance Limited (30/08/2019) ** #
1.32
JM Financial Services Limited (25/09/2019) ** #
1.32
Oriental Bank of Commerce (31/10/2019) ** #
1.31
Housing Development Finance Corporation Limited (10/12/2019) #
1.30
ICICI Bank Limited (11/02/2020) ** #
1.29
National Bank For Agriculture and Rural Development (18/02/2020) ** #
1.29
Power Finance Corporation Limited (06/03/2020) ** #
1.28
8.75% Muthoot Finance Limited (24/06/2020) **
1.28
Punjab National Bank (26/03/2020) ** #
1.28
Small Industries Dev Bank of India (03/04/2020) ** #
1.27
TMF Holdings Limited (24/01/2020) (ZCB) ** #
1.27
Bank of Baroda (01/06/2020) ** #
1.26
11.955% Northern Arc Capital Limited (25/06/2021) **
1.08
7.50% Small Industries Dev Bank of India (16/07/2021) **
1.08
8.65% Dalmia Cement (Bharat) Limited (19/10/2020) **
1.06
ICICI Bank Limited (25/11/2019) ** #
1.05
Mahindra & Mahindra Financial Services Limited (16/09/2019) (ZCB) **
1.01
10.38% Avenue Supermarts Limited (19/08/2019) ** #
0.81
9.48% Bank of Baroda (09/01/2020) **
0.81
7.75% Talwandi Sabo Power Limited (20/09/2019) **
0.81
7.92% Hero Fincorp Limited (05/06/2020) **
0.80
8.15% Vodafone Mobile Services Limited (10/07/2019) ** #
0.70
JSW Techno Projects Management Limited (28/02/2020) (ZCB) ** #
0.58
IIFL Home Finance Limited (06/04/2020) (ZCB) **
0.57
8.80% REC Limited (29/11/2020) **
0.54
9.11% Housing Development Finance Corporation Limited (13/12/2019) **
0.54
8.20% Power Finance Corporation Limited (14/09/2020) **
0.54
10.75% Ujjivan Small Finance Bank Limited (30/07/2019) **
0.54
8.74% MAHINDRA RURAL HOUSING FINANCE (05/08/2019) **
0.54
8.99% Magma Fincorp Limited (19/08/2019) **
0.54
8.45% Shriram Transport Finance Company Limited (27/03/2020) **
0.52
Small Industries Dev Bank of India (12/03/2020) ** #
0.51
8.70% JM Financial Products Limited (25/07/2019) **
0.38
9.8762% IndoStar Capital Finance Limited (01/11/2019) **
0.38
9.90% Cholamandalam Investment and Finance Company Limited (18/07/2019) **
0.27
11.4321% Asirvad Microfinance Ltd (22/06/2020) **
0.27
9.00% Muthoot Finance Limited (30/01/2020) **
0.27
7.07% Reliance Industries Limited (24/12/2020) **
0.27
8.65% IDFC First Bank Limited (30/09/2019) **
0.21

Sector Holding%
Miscellaneous
54.16

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 ₹1,859.11 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(0.01%)yesterday to ₹10.70.

Among its top 3 holdings the fund has exposure to Clearing Corporation of India Ltd, 9.04% REC Limited (12/10/2019) and 8.50% National Bank For Agriculture and Rural Development (31/01/2022)

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 Overnight Fund
Axis Treasury Advantage Fund
Axis Ultra Short Term Fund

Holding Type Holding %
BWR A(SO)
0.58
CARE A+
0.54
CARE A1+
4.35
CARE AA
2.16
CARE AA(SO)
1.35
CARE AA+
0.21
CARE AA-
2.27
CARE AAA
5.32
Cash
8.82
CRISIL A+
0.97
CRISIL A1+
13.58
CRISIL AA
8.05
CRISIL AA(SO)
0.81
CRISIL AA+
1.61
CRISIL AAA
13.76
CRISIL AAA(SO)
1.94
ICRA A+
1.08
ICRA A1+
10.94
ICRA AA
2.95
ICRA AA+
1.61
ICRA AA-
0.54
ICRA AAA
2.59
ICRA AAA(SO)
2.64
IND A1+
3.57
IND AA+
2.41
IND AAA
5.39

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