3 Year return
6.65%Investment Details
Calculate Returns
Based on past performance of this fund
Risk Involved
Your principal will be at
Moderately Low Risk
Asset Under Management
₹6080.58 Cr.
Expense Ratio
0.36% (inclusive of GST)
Exit Load
Nil
Tax Implications
Tax on gains as per your income tax bracket
Fund Holdings
Axis Mutual Fund Managers
AP
Aditya Pagaria
Fund Manager since Mar 2019
Fund House Details
Axis Mutual Fund Asset management company
Peer Comparison
Comparison with other similar funds
Funds
|
3 Y Returns
|
ARQ Rating
|
---|---|---|
Nippon India Ultra Short Duration Fund |
6.88% |
3 |
UTI Ultra Short Duration Fund |
6.48% |
2.5 |
ICICI Prudential Ultra Short Term Fund |
6.64% |
5 |
Schemes by Axis Mutual Fund
List of mutual fund schemes by AMC
Hybrid . Aggressive Hybrid Fund
Axis Aggressive Hybrid Fund Direct Plan Monthly IDCW Payout
Hybrid . Aggressive Hybrid Fund
Axis Aggressive Hybrid Fund Direct Plan Monthly IDCW Reinvestment
Hybrid . Aggressive Hybrid Fund
Axis Aggressive Hybrid Fund Direct Plan Growth
Hybrid . Aggressive Hybrid Fund
Axis Aggressive Hybrid Fund Direct Plan Quarterly IDCW Payout
Hybrid . Aggressive Hybrid Fund
Axis Aggressive Hybrid Fund Direct Plan Quarterly IDCW Reinvestment
About Axis Ultra Short Term Fund Direct Plan Regular IDCW Reinvestment
Axis Ultra Short Term Fund Direct Plan Regular IDCW Reinvestment is an 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 Regular 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 Regular IDCW Reinvestment is to preserve capital and generate returns by investing in money market instruments.
Key Features of The Fund
5-year return | 6.12% |
Expense Ratio | 0.36% |
Fund Manager | Aditya Pagaria |
Fund Size | ₹6080.58 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 |
Addresss | 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.
Make Use of SIPs for Harnessing the Power of Compounding
FAQs
What is today's NAV of Axis Ultra Short Duration Fund Direct Plan Regular IDCW Reinvestment?
What is the AUM of Axis Ultra Short Duration Fund Direct Plan Regular IDCW Reinvestment?
What is the expense ratio of Axis Ultra Short Duration Fund Direct Plan Regular IDCW Reinvestment?
What are the returns of Axis Ultra Short Duration Fund Direct Plan Regular IDCW Reinvestment since inception?
What is the minimum SIP amount to invest in Axis Ultra Short Duration Fund Direct Plan Regular IDCW Reinvestment?
How do I invest in Axis Ultra Short Duration Fund Direct Plan Regular 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 Regular 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 Regular 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 Regular 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.