Debt Ultra Short Duration Moderate Risk
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.
Expert-managed portfolios tailored to your financial goals.
Estimation is based on the past performance
| Ultra Short Duration | 1M | 3M | 6M | 9M | 1Y | 2Y | 3Y | 4Y | 5Y | 10Y | ALL |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund returns | 0.59% | 1.52% | 2.7% | 4.11% | 5.85% | 6.49% | 6.56% | 6.23% | 5.62% | 0% | 5.84% |
| Category returns | 0.62% | 1.58% | 2.78% | 4.2% | 5.96% | 6.59% | 6.67% | 6.34% | 5.81% | 5.96% | N/A |
| Absolute returns | 0.05% | 1.14% | 2.39% | 3.83% | 5.43% | 13.03% | 20.65% | 27.61% | 31.29% | 0% | 54.33% |
| Rank within category | 16 | 21 | 20 | 18 | 17 | 16 | 16 | 15 | 14 | 14 | N/A |
| Total Schemes in Category | 25 | 25 | 25 | 25 | 25 | 24 | 24 | 24 | 23 | 13 | N/A |
| Ultra Short Duration | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|---|
| Yearly returns | N/A | 7.6% | 5.22% | 3.17% | 4.16% | 6.53% | 7.03% | 6.6% | 1.83% |
| Q1 returns | N/A | 1.98% | 1.44% | 0.78% | 0.91% | 1.62% | 1.81% | 1.78% | 1.2% |
| Q2 returns | N/A | 1.74% | 1.54% | 0.85% | 0.62% | 1.68% | 1.64% | 1.87% | 0.62% |
| Q3 Returns | N/A | 1.98% | 1.11% | 0.8% | 1.12% | 1.53% | 1.75% | 1.41% | N/A |
| Q4 Returns | 2.15% | 1.69% | 1.03% | 0.71% | 1.44% | 1.56% | 1.65% | 1.38% | N/A |
Expense ratio: 1.21%
Inclusive of GST
Exit load
Nil
| Alpha | -0.0014934 |
| Beta | 0.1118 |
| Sharpe Ratio | -0.0115406 |
| Sortino Ratio | -0.00529264 |
| R-Squared | 0.3127 |
| Tracking Error | 0.4967 |
| Downside Risk | 0.123 |
| Std. Deviation (Annualised) | 0.3801 |
| Ultra Short Duration | 1M | 3M | 6M | 9M | 1Y | 3Y | 5Y | 10Y | ALL | Fund Size (Cr) | Expense Ratio | Sharpe | Risk |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Aditya Birla Sun Life Savings Fund - Regular Plan - Growth | 0.58% | 1.61% | 2.87% | 4.46% | 6.45% | 7.29% | 6.32% | 6.92% | 7.39% | 19,347.80 | 0.59 | 0.51 | Moderate |
| Mirae Asset Ultra Short Duration Fund - Regular Plan - Growth | 0.69% | 1.64% | 2.91% | 4.47% | 6.36% | 7.16% | 6.17% | 0% | 5.89% | 1,640.39 | 0.44 | 0.48 | Low to Moderate |
| Baroda BNP Paribas Ultra Short Duration Fund - Regular Plan - Growth | 0.7% | 1.7% | 2.94% | 4.43% | 6.3% | 7.06% | 6.19% | 0% | 6.29% | 705.16 | 0.47 | 0.40 | Low to Moderate |
| ICICI Prudential Ultra Short Term Fund - Growth | 0.56% | 1.6% | 2.87% | 4.43% | 6.33% | 7% | 6.1% | 6.77% | 7.38% | 13,619.40 | 0.77 | 0.36 | Moderate |
| HSBC Ultra Short Duration Fund - Regular Plan - Growth | 0.64% | 1.69% | 2.97% | 4.45% | 6.28% | 6.99% | 6.04% | 0% | 5.8% | 2,470.01 | 0.33 | 0.36 | Low to Moderate |
| Bandhan Ultra Short Duration Fund - Regular Plan - Growth | 0.66% | 1.65% | 2.91% | 4.41% | 6.23% | 6.97% | 5.98% | 0% | 6.21% | 3,527.77 | 0.47 | 0.34 | Low to Moderate |
| SBI Ultra Short Duration Fund - Regular Plan - Growth | 0.54% | 1.56% | 2.88% | 4.38% | 6.19% | 6.96% | 5.98% | 6.42% | 7.05% | 11,847.10 | 0.56 | 0.36 | Moderate |
| HDFC Ultra Short Term Fund - Regular Plan - Growth | 0.57% | 1.57% | 2.76% | 4.27% | 6.09% | 6.92% | 5.98% | 0% | 6.29% | 16,037.10 | 0.73 | 0.30 | Low to Moderate |
| Mahindra Manulife Ultra Short Duration Fund - Regular Plan - Growth | 0.69% | 1.7% | 2.9% | 4.34% | 6.14% | 6.87% | 5.9% | 0% | 5.78% | 193.71 | 0.70 | 0.27 | Moderate |
| Axis Ultra Short Duration Fund - Regular Plan - Growth Current | 0.59% | 1.52% | 2.7% | 4.11% | 5.85% | 6.56% | 5.62% | 0% | 5.84% | 3,958.30 | 1.20 | 0.02 | Moderate |
| Instrument Allocation | Instrument | Assets % |
|---|---|---|
|
|
Cash & Cash Equivalents and Net Assets | 10.61% |
| Certificate of Deposit | 45.68% | |
| Corporate Debt | 37.61% | |
| Treasury Bills | 1.84% | |
| Commercial Paper | 1.20% | |
| PTC & Securitized Debt | 2.57% | |
| Alternative Investment Fund | 0.30% | |
| Government Securities | 0.17% | |
| Derivatives-Options (Others) | 0.01% |
| Sector Allocation | Sector | Assets % |
|---|---|---|
| Others | 100.00% |
| Name | Sector | Instrument | Assets % |
|---|---|---|---|
| Clearing Corporation of India Ltd | Cash & Cash Equivalents and Net Assets | 10.56% | |
| The Federal Bank Limited (15/09/2026) ** | Certificate of Deposit | 4.12% | |
| 7.77% REC Limited (30/09/2026) ** | Corporate Debt | 3.56% | |
| 7.50% National Bank For Agriculture and Rural Development (31/08/2026) ** | Corporate Debt | 3.38% | |
| National Bank For Agriculture and Rural Development (14/01/2027) ** | Certificate of Deposit | 3.22% | |
| Small Industries Dev Bank of India (28/01/2027) ** | Certificate of Deposit | 3.21% | |
| Canara Bank (12/02/2027) ** | Certificate of Deposit | 3.20% | |
| Kotak Mahindra Bank Limited (31/08/2026) ** | Certificate of Deposit | 2.73% | |
| HDFC Bank Limited (13/11/2026) | Certificate of Deposit | 2.44% | |
| Punjab National Bank (15/12/2026) ** | Certificate of Deposit | 2.43% | |
| IDBI Bank Limited (11/03/2027) ** | Certificate of Deposit | 2.38% | |
| Bank of Baroda (10/09/2026) ** | Certificate of Deposit | 2.06% | |
| HDFC Bank Limited (11/09/2026) ** | Certificate of Deposit | 2.06% | |
| 9% Piramal Finance Limited (28/06/2027) ** | Corporate Debt | 1.70% | |
| 8.50% Aadhar Housing Finance Limited (17/08/2026) ** | Corporate Debt | 1.69% | |
| 8.15% Godrej Properties Limited (03/07/2026) ** | Corporate Debt | 1.69% | |
| 8.25% Narayana Hrudayalaya Limited (19/03/2029) ** | Corporate Debt | 1.69% | |
| 8.05% Muthoot Finance Limited (25/11/2027) ** | Corporate Debt | 1.68% | |
| 7.38% Cholamandalam Investment and Finance Company Ltd (28/05/2027) ** | Corporate Debt | 1.68% | |
| 7.45% Torrent Pharmaceuticals Limited (19/01/2028) ** | Corporate Debt | 1.68% | |
| 91 Days Tbill (MD 16/07/2026) | Treasury Bills | 1.67% | |
| IDFC First Bank Limited (27/07/2026) ** | Certificate of Deposit | 1.66% | |
| Bank of Baroda (11/01/2027) ** | Certificate of Deposit | 1.61% | |
| Bank of Baroda (25/01/2027) ** | Certificate of Deposit | 1.61% | |
| Bank of Baroda (27/01/2027) | Certificate of Deposit | 1.60% | |
| Small Industries Dev Bank of India (04/02/2027) | Certificate of Deposit | 1.60% | |
| IndusInd Bank Limited (27/01/2027) ** | Certificate of Deposit | 1.60% | |
| 8.36% Godrej Industries Limited (28/08/2026) ** | Corporate Debt | 1.27% | |
| 7.69% LIC Housing Finance Limited (11/12/2026) ** | Corporate Debt | 1.27% | |
| 7.70% REC Limited (31/08/2026) | Corporate Debt | 1.27% | |
| Panatone Finvest Limited (11/01/2027) ** | Commercial Paper | 1.20% | |
| Canara Bank (02/02/2027) ** | Certificate of Deposit | 1.20% | |
| 8.30% Godrej Industries Limited (12/06/2026) ** | Corporate Debt | 1.02% | |
| 9.95% IndoStar Capital Finance Limited (27/05/2026) ** | Corporate Debt | 0.93% | |
| 9.75% Nuvama Wealth Finance Limited (17/01/2028) ** | Corporate Debt | 0.93% | |
| 7.97% Mankind Pharma Limited (16/11/2027) ** | Corporate Debt | 0.85% | |
| 7.75% Mindspace Business Parks REIT (30/06/2026) ** | Corporate Debt | 0.85% | |
| 7.58% National Bank For Agriculture and Rural Development (31/07/2026) | Corporate Debt | 0.85% | |
| 7.58% Poonawalla Fincorp Limited (08/09/2028) ** | Corporate Debt | 0.84% | |
| 6.50% Tata Capital Housing Finance Limited (15/06/2026) ** | Corporate Debt | 0.84% | |
| 8.75% 360 One Prime Limited (10/09/2027) ** | Corporate Debt | 0.84% | |
| 7.55% Poonawalla Fincorp Limited (25/03/2027) ** | Corporate Debt | 0.84% | |
| 9.25% SK Finance Limited (24/10/2027) ** | Corporate Debt | 0.84% | |
| National Bank For Agriculture and Rural Development (18/09/2026) ** | Certificate of Deposit | 0.82% | |
| HDFC Bank Limited (21/09/2026) ** | Certificate of Deposit | 0.82% | |
| Bank of Baroda (15/12/2026) ** | Certificate of Deposit | 0.81% | |
| National Bank For Agriculture and Rural Development (17/02/2027) | Certificate of Deposit | 0.80% | |
| Small Industries Dev Bank of India (18/02/2027) ** | Certificate of Deposit | 0.80% | |
| Punjab National Bank (04/03/2027) | Certificate of Deposit | 0.80% | |
| Liquid Gold Series (20/01/2028) ** | PTC & Securitized Debt | 0.75% | |
| Sansar Trust (25/04/2031) ** | PTC & Securitized Debt | 0.70% | |
| Liquid Gold Series (20/10/2027) ** | PTC & Securitized Debt | 0.61% | |
| 8.30% Godrej Properties Limited (19/03/2027) ** | Corporate Debt | 0.59% | |
| National Bank For Agriculture and Rural Development (28/01/2027) ** | Certificate of Deposit | 0.56% | |
| 8.8% 360 One Prime Limited (22/06/2028) ** | Corporate Debt | 0.51% | |
| 9.10% Shriram Finance Limited (18/03/2027) ** | Corporate Debt | 0.43% | |
| 8.75% Godrej Finance Limited (18/01/2027) ** | Corporate Debt | 0.42% | |
| 8.52% Muthoot Finance Limited (07/04/2028) ** | Corporate Debt | 0.42% | |
| 9.2% Shriram Finance Limited (22/05/2026) ** | Corporate Debt | 0.42% | |
| 7.7954% Reliance Life Sciences Private Limited (08/05/2026) ** # | Corporate Debt | 0.42% | |
| 6.8% Embassy Office Parks REIT (07/09/2026) ** | Corporate Debt | 0.42% | |
| 8.95% Phoenix Arc Limited (23/03/2028) ** | Corporate Debt | 0.42% | |
| 8.95% Phoenix Arc Limited (22/12/2028) ** | Corporate Debt | 0.42% | |
| 7.27% Tata Capital Housing Finance Limited (25/04/2028) ** | Corporate Debt | 0.42% | |
| Small Industries Dev Bank of India (04/12/2026) ** | Certificate of Deposit | 0.41% | |
| Small Industries Dev Bank of India (14/01/2027) ** | Certificate of Deposit | 0.40% | |
| Bank of India (17/02/2027) ** | Certificate of Deposit | 0.40% | |
| The Federal Bank Limited (08/06/2026) ** | Certificate of Deposit | 0.34% | |
| 8.32% Torrent Power Limited (28/02/2027) ** | Corporate Debt | 0.32% | |
| SBI - Corporate Debt Market Development Fund (CDMDF) - Class A2 | Alternative Investment Fund | 0.30% | |
| India Universal Trust (21/11/2026) ** | PTC & Securitized Debt | 0.23% | |
| Sansar Trust (25/06/2030) ** | PTC & Securitized Debt | 0.20% | |
| 364 Days Tbill (MD 23/07/2026) | Treasury Bills | 0.17% | |
| India Universal Trust (20/09/2026) ** | PTC & Securitized Debt | 0.09% | |
| 7.64% Uttar Pradesh State Development Loans (29/03/2027) | Government Securities | 0.09% | |
| 7.62% Tamilnadu State Development Loans (09/08/2026) | Government Securities | 0.08% | |
| 9.4% IndoStar Capital Finance Limited (18/06/2027) ** | Corporate Debt | 0.08% | |
| 7.27% Sundaram Home Finance Limited (24/05/2027) ** | Corporate Debt | 0.08% | |
| Net Receivables / (Payables) | Cash & Cash Equivalents and Net Assets | 0.06% | |
| 7.88% Muthoot Finance Limited (22/11/2028) ** | Corporate Debt | 0.02% | |
| Interest Rate Swaps Pay Fix Receive Floating -NOMURA (15/06/2026) (FV 20000 Lacs) | Derivatives-Options (Others) | 0.00% | |
| Interest Rate Swaps Pay Fix Receive Floating -BARC (12/09/2026) (FV 15000 Lacs) | Derivatives-Options (Others) | 0.00% | |
| Interest Rate Swaps Pay Fix Receive Floating -ICISECPD (17/10/2026) (FV 15000 Lacs) | Derivatives-Options (Others) | 0.00% | |
| Interest Rate Swaps Pay Fix Receive Floating -DBS (21/10/2026) (FV 12500 Lacs) | Derivatives-Options (Others) | 0.00% | |
| Interest Rate Swaps Pay Fix Receive Floating -HSBC BANK (29/07/2026) (FV 25000 Lacs) | Derivatives-Options (Others) | 0.00% | |
| Interest Rate Swaps Pay Fix Receive Floating -IDFC BANK (29/07/2026) (FV 25000 Lacs) | Derivatives-Options (Others) | 0.00% | |
| Total | 100.00% |
Sachin Jain has been associated with Axis AMC since 2017 and is responsible for managing domestic funds. Currently he oversees the Axis Overnight Fund, Axis Liquid Fund, Axis Ultra Short Duration Fund, Axis Strategic Bond Fund, Axis Gilt Fund.His experience and expertise includes money market and duration strategies in Fixed Income. Additionally, he has also worked on debt instruments like Corporate bonds, Government Securities, Derivatives and money market instruments.Sachin began his career in 2009 where he worked for Sunidhi Securities & Finance Limited. Prior to joining Axis AMC, he has worked for Sundaram AMC as a Fixed Income trader from 2013-2017.
RETURNS
It is an Open ended scheme that primarily invests in Ultra Short Duration.
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.
The scheme benchmark is the NIFTY Ultra Short Duration Debt Index
It is classified as Moderate Risk, suitable for investors with a Moderate risk appetite.
Returns Delivered by the funds are as follows:
1-year: 5.43%
3-year: 6.45%
5-year: 5.59%
Top holdings include names such as:
The NAV is around ₹15.43 (approx.) for the Axis Ultra Short Duration Fund - Regular Plan - Growth.
The fund’s AUM is approximately ₹5,916 Cr.
The expense ratio for the Regular Plan is 1.21.
Nil.
Minimum SIP starts at ₹100.
The minimum lump sum investment is ₹100. Often platforms may require higher in practice, but the statutory minimum remains the same.
You can start a SIP through:
Broker/agent platform like Sharescart.
Enter KYC details, choose the Regular Growth option, set SIP amount/frequency, and submit.
Yes. You can modify your SIP amount or frequency anytime online through the Sharescart platform.
You can redeem online via the Sharescart platform — choose the scheme, select the amount/units, and submit. Proceeds are credited to your bank account.
The fund managers: Sachin Jain, Hardik Shah
This fund is suitable for investors with a Moderate risk tolerance.
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