Axis Ultra Short Term Fund

Item: Axis Ultra Short Term Fund
Rating: 3
Author: PersonalFN

₹11.2978 0.03 %Nav, as on 01-06-2020
Previous Nav
₹ 11.2948
Net Change on 01-06-2020
₹0
PersonalFN Rating
Category
Debt - Ultra Short Duration Fund
Assets (Cr.)
₹ 3,056.90
Expense Ratio
1.19%
(As on Apr 30, 2020)

Fund Overview Growth | Regular 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 (₹)
10.59
52 Week Low Nav Date
03-Jun-2019
52 Week High Nav (₹)
11.30
52 Week High Nav Date
01-Jun-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
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 - Discipline Advantage Plan	Jun 23, 2009	8.18	8.00	8.28	0.45	12,267.87
Aditya Birla Sun Life Savings Fund - Growth - Regular Plan	Apr 16, 2003	7.78	7.72	8.11	0.45	12,267.87
Kotak Savings Fund -Growth	Aug 13, 2004	7.26	7.31	7.58	0.73	9,147.83
SBI MAGNUM ULTRA SHORT DURATION FUND - REGULAR PLAN - GROWTH	May 19, 1999	7.45	7.58	7.56	0.49	8,925.10
ICICI Prudential Ultra Short Term Fund - Growth	May 03, 2011	7.55	7.46	8.09	1.04	5,426.11

Fund Holdings as on 30-April-2020

Company % Assets
91 Days Tbill (MD 21/05/2020)
13.06
6.98% National Bank For Agriculture and Rural Development (30/09/2020) **
4.94
Grasim Industries Limited (22/09/2020) **
4.81
IndusInd Bank Limited (15/06/2020) ** #
3.25
Net Receivables / (Payables)
3.04
8.65% Dalmia Cement (Bharat) Limited (19/10/2020) **
2.78
8.2% Power Finance Corporation Limited (14/09/2020) **
2.48
8.7% Housing Development Finance Corporation Limited (15/12/2020) **
2.31
RENT-A-DEVICE TRUST (28/09/2020) **
2.01
7.5% Power Finance Corporation Limited (17/09/2020) **
1.65
8.15% National Bank For Agriculture and Rural Development (22/08/2022) **
1.65
8.8% Housing Development Finance Corporation Limited (18/06/2020) **
1.64
7.80% L & T Housing Finance (15/06/2020) **
1.64
National Bank For Agriculture and Rural Development (22/06/2020) **
1.63
JSW Steel Limited (15/07/2020) **
1.61
IndusInd Bank Limited (27/11/2020) ** #
1.56
Housing Development Finance Corporation Limited (10/03/2021) **
1.55
9.15% Coastal Gujarat Power Limited (12/06/2020) **
1.47
9% Bahadur Chand Investments Pvt Limited (01/03/2024) **
1.46
9.15% Essel Mining And Industries Ltd (17/07/2022) ** #
1.31
11.25% Hansdeep Industries & Trading Company Limited (13/08/2020) **
1.31
Rainbow Devices Trust (28/09/2020) **
1.28
EMBASSY OFFICE PARK REIT (03/06/2022) (ZCB) **
1.21
Aditya Birla Finance Limited (05/06/2020) (ZCB) **
1.11
8.53% Power Finance Corporation Limited (24/07/2020)
0.99
JM Financial Services Limited (05/05/2020) **
0.98
8.25% Bharti Telecom Limited (17/03/2021) **
0.98
Orelia Trust Aug 2019 (24/08/2020) ** #
0.89
7.4% Housing Development Finance Corporation Limited (17/11/2020) **
0.85
8.18% Power Finance Corporation Limited (19/03/2022)
0.83
Reliable Devices Trust (21/12/2020) **
0.83
8.15% REC Limited (18/06/2021) **
0.83
8.2534% LIC Housing Finance Limited (17/09/2021) **
0.83
6.95% Reliance Industries Limited (14/12/2020) **
0.82
6.77% Larsen & Toubro Limited (20/08/2020) **
0.82
9.14% Zydus Wellness Limited (14/01/2022) **
0.82
7.74% LIC Housing Finance Limited (05/06/2020) **
0.82
10.55% Hinduja Leyland Finance Limited (29/06/2020) **
0.82
8.17% MAHINDRA RURAL HOUSING FINANCE (28/12/2020) (FRN) **
0.82
7.82% Godrej Properties Limited (25/09/2020) **
0.81
7.12% The Ramco Cements Limited (18/06/2021) **
0.81
Standard Chartered Invest & Loans Limited (16/06/2020) **
0.81
IDFC First Bank Limited (25/06/2020) ** #
0.81
National Bank For Agriculture and Rural Development (05/08/2020) ** #
0.81
9.47% Shriram Transport Finance Company Limited (10/03/2021) **
0.81
Larsen & Toubro Limited (15/12/2020)
0.79
8.75% Muthoot Finance Limited (24/06/2020) **
0.79
Housing Development Finance Corporation Limited (10/02/2021) **
0.78
8.95% Punjab National Bank (03/03/2022)
0.78
8.75% Vedanta Limited (30/06/2022) **
0.77
7.87% Housing Development Finance Corporation Limited (18/07/2022)
0.76
Cholamandalam Investment and Finance Company Limited (12/06/2020) **
0.75
Clearing Corporation of India Ltd
0.74
10.99% Andhra Bank (05/08/2021) **
0.66
9.49% NRB Bearing Limited (12/06/2020) **
0.66
7.90% Aditya Birla Finance Limited (30/06/2020) **
0.66
7.6% Hero Fincorp Limited (18/11/2020) **
0.65
8.1% L & T Infrastructure Finance Company Limited (17/02/2022) **
0.64
7.99% Tata Power Company Limited (16/11/2021) **
0.64
8.7% Power Finance Corporation Limited (15/07/2020) **
0.59
10.55% Hinduja Leyland Finance Limited (12/06/2020) **
0.56
PL Securitization Trust (10/11/2024) **
0.55
8.57% Nuvoco Vistas Corporation Limited (14/09/2020) **
0.49
8.7% Power Finance Corporation Limited (14/05/2020) **
0.49
7.92% Hero Fincorp Limited (05/06/2020) **
0.49
7.84% PVR Limited (10/07/2020) **
0.49
First Business Receivables Trust (01/04/2021) **
0.49
8.81% HDB Financial Services Limited (07/07/2021) **
0.48
First Business Receivables Trust (01/07/2021) **
0.48
9.5% Nirma Limited (06/07/2077) **
0.47
First Business Receivables Trust (01/07/2020) **
0.45
First Business Receivables Trust (01/10/2020) **
0.45
First Business Receivables Trust (01/01/2021) **
0.44
TMF Holdings Limited (11/11/2022) (ZCB) **
0.41
RENT-A-DEVICE TRUST (28/12/2020) **
0.38
8.80% REC Limited (29/11/2020) **
0.33
7.4% Jamnagar Utilities & Power Private Limited (29/07/2020) **
0.33
8.8% REC Limited (25/10/2020) **
0.32
9.15% Coastal Gujarat Power Limited (14/06/2021) **
0.32
9.25% IndoStar Capital Finance Limited (15/03/2021) **
0.32
MFL Securitisation Trust (15/09/2020) ** #
0.26
11.25% Hansdeep Industries & Trading Company Limited (28/09/2020) **
0.17
8.65% Housing Development Finance Corporation Limited (18/09/2020) **
0.17
7.07% Reliance Industries Limited (24/12/2020) **
0.16
7.46% Power Finance Corporation Limited (05/06/2020) **
0.16
7.05% Power Finance Corporation Limited (15/05/2020) **
0.16
11.9414% Ess Kay Fincorp Limited (13/09/2022) **
0.16
9.90% Tata Motors Limited (07/05/2020) **
0.16
11.955% Northern Arc Capital Limited (13/01/2022) **
0.16
8.90% Bharti Telecom Limited (17/02/2022) **
0.16
11.25% Canara Bank (15/07/2021) **
0.16
9.15% Birla Corporation Limited (18/08/2021) **
0.16

Sector Holding%
Miscellaneous
54.52

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)
0.55
CARE A+
0.66
CARE AA(CE)
1.79
CARE AA-
1.70
CARE AA-(CE)
1.48
CARE AAA
1.64
Cash
3.78
CRISIL A
0.16
CRISIL A1+
10.47
CRISIL AA
2.54
CRISIL AA+
3.26
CRISIL AA-
2.44
CRISIL AAA
27.26
CRISIL AAA(SO)
2.57
ICRA A+
0.16
ICRA A1+
8.86
ICRA A1+(SO)
0.89
ICRA AA
5.21
ICRA AA+
1.46
ICRA AA-
0.57
ICRA AAA
1.77
ICRA AAA(SO)
4.50
IND A
0.78
IND A+
0.16
IND A1+
0.81
IND AA
0.64
IND AA+
0.82
SOV
13.06

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 ₹3,056.90 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(0.03%)yesterday to ₹11.2978.

Among its top 3 holdings the fund has exposure to 91 Days Tbill (MD 21/05/2020), 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

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