Axis Ultra Short Duration Fund - Direct Plan - Monthly IDCW

Open Ended Schemes(Debt Scheme - Ultra Short Duration Fund)Moderate Risk★★★★★ISIN INF846K01F99

NAV · 06-Jul-2026

₹10.0573

+0.24%

1Y (CAGR)

-0.15%

3Y (CAGR)

+0.01%

5Y (CAGR)

+0.04%

Since inception (CAGR)

+0.06%

NAV history

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Risk & SIP analytics

Q4 · 3Y in category

Volatility (3y)

2.13%

Downside dev (3y)

4.56%

Max drawdown (3y)

-1.2%

Sharpe (3y)

-3.05

SIP XIRR (3y)

-0.01%

SIP XIRR (5y)

+0.02%

Calendar-year returns

2020 -0.0%2021 -0.2%2022 +0.1%2023 +0.0%2024 -0.0%2025 -0.1%

Fund facts

Fund managerSachin Jain · Hardik Shah

AUM₹61,679 Cr

Expense ratio0.39% · 2026-05-31

TER · AMFI officialDirect 0.40% · Regular 1.22% (2026-06-30)

Launch date27-Aug-2018

Plan typeOpen Ended · Debt

Min lumpsum₹100

Min SIP₹100

Lock-inNone

Volatility2.01

AMCAxis Asset Management Co. Ltd.

Objective · The investment objective of the Scheme is to generate regular income and capital appreciation by investing in a portfolio of short term debt and money market instruments with relatively lower interest rate risk such that Macaulay duration of the portfolio is between 3 months and 6 months.

scheme documents ↗