Axis Ultra Short Term Fund

Item: Axis Ultra Short Term Fund
Rating: 5
Author: PersonalFN

₹11.0681 0.02 %Nav, as on 23-01-2020
Previous Nav
₹ 11.0654
Net Change on 23-01-2020
₹0
PersonalFN Rating
Category
Debt - Ultra Short Duration Fund
Assets (Cr.)
₹ 3,421.39
Expense Ratio
1.18%
(As on Dec 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 (₹)
10.30
52 Week Low Nav Date
22-Jan-2019
52 Week High Nav (₹)
11.07
52 Week High Nav Date
22-Jan-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
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	8.77	7.91	8.40	0.36	15,847.47
Aditya Birla Sun Life Savings Fund - Growth - Regular Plan	Apr 16, 2003	8.28	7.64	8.24	0.36	15,847.47
SBI MAGNUM ULTRA SHORT DURATION FUND - REGULAR PLAN - GROWTH	May 19, 1999	7.78	7.49	7.66	0.50	12,192.17
Kotak Savings Fund -Growth	Aug 13, 2004	7.64	7.27	7.70	0.78	11,278.87
ICICI Prudential Ultra Short Term Fund - Growth	May 03, 2011	8.34	7.52	8.30	0.94	7,135.56

Fund Holdings as on 31-December-2019

Company % Assets
Clearing Corporation of India Ltd
6.27
76 Days CMB (MD 17/03/2020)
4.63
National Bank For Agriculture and Rural Development (06/03/2020) ** #
3.62
Small Industries Dev Bank of India (03/04/2020) ** #
3.60
Larsen & Toubro Limited (31/03/2020)
2.89
8.36% Power Finance Corporation Limited (26/02/2020) **
2.64
Larsen & Toubro Limited (28/02/2020) ** #
2.61
First Business Receivables Trust (01/10/2020) ** #
2.41
7.90% Nirma Limited (28/02/2020) **
2.19
Ujjivan Small Finance Bank Limited (07/02/2020) ** #
2.18
Reliance Jio Infocomm Limited (09/03/2020) **
2.17
Vedanta Limited (27/03/2020) ** #
2.16
8.7545% Nabha Power Limited (28/02/2020) **
1.76
8.90% Reliance Jio Infocomm Limited (21/01/2020) **
1.61
8.70% Housing Development Finance Corporation Limited (15/12/2020) **
1.49
8.20% Power Finance Corporation Limited (14/09/2020) **
1.48
8.15% National Bank For Agriculture and Rural Development (22/08/2022) **
1.48
8.70% Housing Development Finance Corporation Limited (18/05/2020) **
1.47
7.78% Housing Development Finance Corporation Limited (24/03/2020)
1.47
7.65% National Housing Bank (25/03/2022) **
1.47
8.05% National Housing Bank (10/01/2022) **
1.47
9.6556% Tata Motors Finance Limited (20/03/2020) **
1.47
8.68% Grasim Industries Limited (02/02/2020) **
1.46
RENT-A-DEVICE TRUST (28/09/2020) **
1.46
IndusInd Bank Limited (26/02/2020) ** #
1.45
IndusInd Bank Limited (27/11/2020) ** #
1.38
1.5% Housing Development Finance Corporation Limited (30/03/2020) **
1.33
9.15% Coastal Gujarat Power Limited (12/06/2020) **
1.32
10.35% Bahadur Chand Investments Pvt Limited (16/01/2024) ** #
1.32
8.65% Dalmia Cement (Bharat) Limited (19/10/2020) **
1.31
Aditya Birla Finance Limited (21/04/2020) (ZCB) **
1.31
8.50% National Bank For Agriculture and Rural Development (31/01/2022) **
1.17
9.15% Essel Mining And Industries Ltd (17/07/2022) ** #
1.17
Housing Development Finance Corporation Limited (26/05/2020) **
1.14
Rainbow Devices Trust (28/09/2020) **
1.14
6.80% National Bank For Agriculture and Rural Development (03/03/2020) **
1.03
8.64% IDFC First Bank Limited (15/04/2020) **
1.02
Aditya Birla Finance Limited (05/06/2020) (ZCB) **
0.97
7.74% LIC Housing Finance Limited (05/06/2020) **
0.88
9.0291% Tata Motors Finance Limited (30/01/2020) **
0.82
8.28% Oriental Nagpur Betul Highway Limited (30/03/2020) **
0.78
Reliable Devices Trust (21/12/2020) **
0.75
8.18% Power Finance Corporation Limited (19/03/2022) **
0.75
8.15% REC Limited (18/06/2021) **
0.74
7.40% Housing Development Finance Corporation Limited (17/11/2020) **
0.73
6.95% Reliance Industries Limited (14/12/2020) **
0.73
8.45% LIC Housing Finance Limited (12/03/2020) **
0.73
6.77% Larsen & Toubro Limited (20/08/2020) **
0.73
8.7% JK Lakshmi Cement Limited (06/01/2020) **
0.73
8.17% MAHINDRA RURAL HOUSING FINANCE (28/12/2020) (FRN) **
0.73
Orelia Trust Aug 2019 (24/08/2020) ** #
0.73
Bahadur Chand Investments Pvt Limited (28/01/2020) ** #
0.73
Cholamandalam Investment and Finance Company Limited (04/03/2020) ** #
0.72
Barclays Investments & Loans (India) Private Limited (28/02/2020) ** #
0.72
TMF Holdings Limited (24/01/2020) (ZCB) ** #
0.72
RELIANCE RETAIL LTD (16/03/2020) ** #
0.72
ICICI Bank Limited (23/03/2020) ** #
0.72
Punjab National Bank (26/03/2020) ** #
0.72
Cholamandalam Investment and Finance Company Limited (12/06/2020) ** #
0.71
IDFC First Bank Limited (25/06/2020) ** #
0.71
Standard Chartered Invest & Loans Limited (16/06/2020) **
0.71
National Bank For Agriculture and Rural Development (05/08/2020) ** #
0.71
8.75% Muthoot Finance Limited (24/06/2020) **
0.70
PL Securitization Trust (10/11/2024) ** #
0.61
8.21% State Government Securities (31/03/2023)
0.61
11.955% Northern Arc Capital Limited (25/06/2021) **
0.59
9.49% NRB Bearing Limited (12/06/2020) **
0.59
7.90% Tata Sons Private Ltd (06/03/2020) ** #
0.59
7.90% Aditya Birla Finance Limited (30/06/2020) **
0.59
7.60% Hero Fincorp Limited (18/11/2020) **
0.58
Andhra Bank (12/11/2020) ** #
0.56
8.70% Power Finance Corporation Limited (15/07/2020) **
0.53
9.48% Bank of Baroda (09/01/2020) **
0.53
8.25% Bharti Airtel Limited (20/04/2020) **
0.50
11.25% Hansdeep Industries & Trading Company Limited (13/08/2020) **
0.46
7.92% Hero Fincorp Limited (05/06/2020) **
0.44
9.00% Muthoot Finance Limited (30/01/2020) **
0.44
National Bank For Agriculture and Rural Development (18/02/2020) ** #
0.44
TMF Holdings Limited (11/11/2022) (ZCB) **
0.35
MFL Securitisation Trust (15/09/2020) ** #
0.30
8.80% REC Limited (29/11/2020) **
0.30
7.33% Jamnagar Utilities & Power Private Limited (28/02/2020) **
0.29
11.25% Hansdeep Industries & Trading Company Limited (12/04/2020) **
0.29
7.40% Jamnagar Utilities & Power Private Limited (29/07/2020) **
0.29
7.84% PVR Limited (10/07/2020) **
0.29
8.45% Shriram Transport Finance Company Limited (27/03/2020) **
0.29
Tata Capital Financial Services Limited (28/02/2020) **
0.29
National Bank For Agriculture and Rural Development (15/05/2020) ** #
0.23
MFL Securitisation Trust (15/04/2020) ** #
0.18
11.25% Hansdeep Industries & Trading Company Limited (28/09/2020) **
0.15
8.65% Housing Development Finance Corporation Limited (18/09/2020) **
0.15
7.07% Reliance Industries Limited (24/12/2020)
0.15
7.46% Power Finance Corporation Limited (05/06/2020) **
0.15
8.15% Power Grid Corporation of India Limited (09/03/2020) **
0.15
7.05% Power Finance Corporation Limited (15/05/2020) **
0.15
11.9414% Ess Kay Fincorp Limited (13/09/2022) **
0.15
8.87% Aditya Birla Finance Limited (17/04/2020) **
0.15
9.15% Birla Corporation Limited (18/08/2021) **
0.14
MFL Securitisation Trust (25/06/2021) ** #
0.11
11.4321% Asirvad Microfinance Ltd (22/06/2020) **
0.07
Net Receivables / (Payables)
-3.61

Sector Holding%
Miscellaneous
51.81

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 ₹3,421.39 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(0.02%)yesterday to ₹11.0681.

Among its top 3 holdings the fund has exposure to Clearing Corporation of India Ltd, 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

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

Holding Type Holding %
BWR AAA(SO)
0.61
CARE A1+
4.88
CARE AA
0.53
CARE AA(CE)
1.32
CARE AA-
3.02
CARE AA-(CE)
0.90
CARE AAA
0.73
Cash
2.66
CRISIL A
0.15
CRISIL A1+
23.91
CRISIL AA
3.83
CRISIL AA+
0.44
CRISIL AA-
2.84
CRISIL AAA
23.26
CRISIL AAA(SO)
3.00
ICRA A+
0.59
ICRA A1+
2.16
ICRA A1+(SO)
0.73
ICRA AA
3.79
ICRA AA+
0.58
ICRA AA-
0.35
ICRA AAA
4.48
ICRA AAA(CE)
1.76
ICRA AAA(SO)
3.35
IND A1+
0.94
IND AA+
1.02
IND AAA
2.94
Sovereign
5.24

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