Axis Ultra Short Term Fund Direct-Growth is a debt mutual fund offered by Axis Mutual Fund. The fund has an AUM of ₹5,949.05 crores and the current NAV is ₹14.763 as of October 5, 2024.
The return performance of the Axis Ultra Short Term Fund Direct-Growth scheme has been 7.82% in the last year, 20.81% in the previous three years and 47.47% since the scheme’s debut.
Axis Ultra Short Term Fund Returns
| Period | This fund | Category average |
|---|---|---|
| 1 month | 0.65% | 0.63% |
| 3 months | 1.88% | 1.83% |
| 6 months | 3.79% | 3.69% |
| 1 year | 7.79% | 7.55% |
| 3 years | 6.5% | 6.25% |
| 5 years | 6.12% | 5.88% |
Axis Ultra Short Term Fund Top 5 Holdings
| Name | Sector | Instrument | Assets |
|---|---|---|---|
|
Punjab National Bank
|
Financial | CD | 4.83% |
|
National Bank For Agriculture & Rural Development
|
Financial | NCD | 4.41% |
|
Bharti Telecom Ltd.
|
Communication | Debenture | 3.36% |
|
Small Industries Devp. Bank of India Ltd.
|
Financial | CD | 3.27% |
|
Bank Of Baroda
|
Financial | CD | 3.24% |
Sector Allocation in Axis Ultra Short Term Fund
| Sector | Percentage Holding (%) | Value (₹ Cr) |
| Cash Holding | 1.45 | ₹86.32 |
| Others | 98.55 | ₹5,862.79 |
Disclaimer: Mutual fund investments are subject to market risks. Please read the scheme information document and other related documents carefully before investing. Past performance is not indicative of future results. The information provided in this article is for informational purposes only and should not be construed as investment advice or a recommendation. Readers are advised to seek independent financial advice before making any investment decisions. The author and the publication are not responsible for any investment losses incurred based on the information in this article
