DEBT•ULTRA SHORT DURATION FUND
Axis Ultra Short Duration Fund Direct Plan Monthly IDCW Reinvestment
3 Year return
7.51%
NAV on August 11, 2026
10.05
1D Returns
0%
Launched on August 2018(8 years)
Investment Details
₹100
Minimum SIP Amount
₹100
Minimum one time investment
Fund has no lock-in period
Calculate Returns
Based on past performance of this fund
₹
Your Investment₹3,600
Gain
12.47%₹449
Total Value ₹4,049
Risk Involved
Your principal will be at
Very High Risk
Scheme Information
Asset Under Management
₹4,948.69 Cr.
Expense Ratio
0.36% (inclusive of GST)
Exit Load
Nil
Ratings
2
Ratings by other agencies
Value Research
4
Crisil
2
Morning Star
0
Tax Implications
Tax on gains as per your income tax bracket
Axis Mutual Fund Manager
HS
Hardik Satra
Fund Manager since Nov 2024
SJ
Sachin Jain
Fund Manager since Nov 2021
Fund House Details
Axis Mutual Fund
Asset management company
AUM
₹3,77,445.09 Cr.
No. of Schemes
276
Setup Date
January 2009
Peer Comparison
Comparison with other similar funds
| Funds | 3 Y Returns | ARQ Rating |
|---|---|---|
| UTI Ultra Short Duration Fund | 7.3332% | 2.5 |
| Nippon India Ultra Short Duration Fund | 7.5958% | 3 |
| ICICI Prudential Ultra Short Term Fund | 7.4289% | 5 |
Schemes by Axis Mutual Fund
List of mutual fund schemes by AMC
Funds
3 Years Returns
Hybrid . Aggressive Hybrid Fund
Axis Aggressive Hybrid Fund Direct Plan Monthly IDCW Reinvestment10.7535%
Hybrid . Aggressive Hybrid Fund
Axis Aggressive Hybrid Fund Direct Plan Quarterly IDCW Payout10.3579%
Hybrid . Aggressive Hybrid Fund
Axis Aggressive Hybrid Fund Direct Plan Quarterly IDCW Reinvestment10.3579%
Axis Ultra Short Term Fund Direct Plan Monthly IDCW Reinvestment is an open-ended ultra-short term fund managed by Axis Mutual Fund. It invests in money market instruments such as treasury bills, commercial papers, and certificates of deposits. The fund also has a dividend reinvestment option, which means that investors' dividends are reinvested in the fund.
This is an open-ended fund, which provides investors with an option to buy or sell fund units at any time during trading hours. The expense ratio of Axis Ultra Short Term Fund Direct Plan Monthly IDCW Reinvestment is lower compared to its category average.
Investment Objectives of the Scheme
The investment objective of Axis Ultra Short Term Fund Direct Plan Monthly IDCW Reinvestment is to preserve capital and generate returns by investing in money market instruments.
Key Features of The Fund
5-year return
6.6792%
Expense Ratio
0.36%
Fund Manager
Hardik Satra
Fund Size
₹4948.69 Cr.
Risk Profile
Moderately Low
Is This Scheme Right for Me?
This fund is suitable for investors who are looking for a safe investment with the potential to generate short-term returns. The fund's investment in money market instruments makes it a relatively safe option. However, the fund is not exposed to the stock market, so it may not generate the same level of returns as equity funds. It is important to remember that all investments carry some risk, and you should always do your own research before investing. However, talk to your financial advisor and ensure that you are considering your investment objectives and risk appetite.
AMC Contact Details
| Name | Axis Mutual Fund |
| Launch Date | January 2009 |
| Address | Axis House, First Floor, C-2, Wadia International Centre, Pandurang Budhkar Marg, Worli, Mumbai - 400025 |
| Contact | 8108622211 |
| customerservice@axismf.com | |
| Website | https://www.axismf.com/ |
Disclaimer: Mutual funds are subject to market risk. Read all scheme-related documents carefully to make informed-decision.
Your Guide Map for Investing
Investing without setting a financial goal takes out the aspect of clarity for an investor. Once a goal is set such as purchasing that dream car, you need to determine the optimum SIP amount vis a vis to the number of years of investing. Angel One's SIP calculator can serve as a map to guide you to take the smoothest road to your goals by finding the optimum balance between the variables affecting the SIP.
FAQs
What is today's NAV of Axis Ultra Short Duration Fund Direct Plan Monthly IDCW Reinvestment?
NAV, or Net Asset Value, is the price of a single unit of a mutual fund. It is calculated by dividing the current value of holdings held by the mutual fund scheme at the end of the day by the total number of units issued. The NAV changes every day. The NAV of Axis Ultra Short Duration Fund Direct Plan Monthly IDCW Reinvestment on August 11, 2026, is ₹10.05
What is the AUM of Axis Ultra Short Duration Fund Direct Plan Monthly IDCW Reinvestment?
Short for Asset Under Management, AUM means the total assets held by a mutual fund scheme. The AUM of the fund changes every day based on the fluctuation in the price of the underlying assets. Fund houses don't update AUM on a daily basis. They only update it at the end of the month and release it within a few days of the following month. The AUM of Axis Ultra Short Duration Fund Direct Plan Monthly IDCW Reinvestment, is ₹4948.69 crore.
What is the expense ratio of Axis Ultra Short Duration Fund Direct Plan Monthly IDCW Reinvestment?
The expense ratio is the annual charges you pay to the mutual fund house for managing your investments. It is a percentage of Assets Under Management. It is deducted from the fund's returns. The expense ratio of Axis Ultra Short Duration Fund Direct Plan Monthly IDCW Reinvestment is 0.36%
What are the returns of Axis Ultra Short Duration Fund Direct Plan Monthly IDCW Reinvestment since inception?
The Axis Ultra Short Duration Fund Direct Plan Monthly IDCW Reinvestment was launched on August 27, 2018. The fund has delivered a CAGR of undefined since inception.
What is the minimum SIP amount to invest in Axis Ultra Short Duration Fund Direct Plan Monthly IDCW Reinvestment?
A Systematic Investment Plan (SIP) in mutual funds allows you to invest small amounts periodically instead of a one-time investment. The frequency of investment can be monthly, quarterly, half-yearly or annually, as per your convenience. The minimum SIP for Axis Ultra Short Duration Fund Direct Plan Monthly IDCW Reinvestment is ₹100.
How do I invest in Axis Ultra Short Duration Fund Direct Plan Monthly IDCW Reinvestment?
- Make sure you are logged in to Angel One.
- Select the type of investment: SIP or one-time.
- In case of an SIP, select the amount and date and click ‘Start SIP’. In case of a one-time investment, enter just the amount.
- Proceed by clicking the pay button and choosing your mode of payment.
- Your portfolio will be updated with this investment in 3-5 working days.
How to start an SIP in Axis Ultra Short Duration Fund Direct Plan Monthly IDCW Reinvestment?
- Click on the ‘Invest’ button.
- Enter your desired SIP amount and the SIP date.
- You can uncheck the ‘Make first payment now’ box if you don’t want to make the payment right away.
- Choose your payment method between UPI and Net Banking.
- Make your payment.
- Your SIP is created.
How do I automate an SIP in Axis Ultra Short Duration Fund Direct Plan Monthly IDCW Reinvestment?
- Once you create an SIP, click on ‘Set up autopay’
- Select your desired verification method - debit card, net banking or Aadhar method credentials - and click on submit.
- Once you verify the OTP, your mandate request will be created.
How can I withdraw/redeem my investment in Axis Ultra Short Duration Fund Direct Plan Monthly IDCW Reinvestment?
- Go to the ‘Investments’ section and click on the mutual fund scheme you want to withdraw.
- Enter the amount you want to withdraw and tap the ‘Withdraw’ button.
- Verify the details on the ‘Confirm withdraw’ screen.
- Select the bank account in which you want to receive the funds.
- You will receive your funds within three working days of placing the order.
- You can track your order in the ‘Orders’ section.
ENTER AMOUNT
₹
₹4,049 in 3Y at 7.5131% returns
SIP Date1st of every month
Your next SIP Payment will be on 11 September 2026
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