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NAV as on Jul 16, 2026
Benchmark
NIFTY Ultra Short Duration Debt Index A-I
Expense Ratio
0.40%
Fund Category
Fund Size
Rs 4,949 Crores
Exit Load
0.00%
Min. Investment
Rs 100
Nav Chart
Source: Dion Global
Axis Ultra Short Duration Fund - Direct Plan - IDCW Fund Details
Investment Objective - 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.
Fund House
Return Since Launch
6.77%
Launch Date
Aug 27, 2018
Type
Open Ended
Riskometer
Moderate
Source: Dion Global
Ratio Analysis
Standard Deviation
0.31
Category Avg
Beta
0.94
Category Avg
Source: Dion Global
Performance Analysis
1W | 1M | 3M | 6M | 1Y | 3Y | 5Y | 10Y | SI | |
|---|---|---|---|---|---|---|---|---|---|
| Fund Returns (%) | 0.05 | 0.62 | 1.58 | 3.43 | 6.56 | 7.43 | 6.65 | NA | 6.77 |
| Category Average (%) | 0.04 | 0.55 | 1.44 | 3.08 | 5.76 | 6.32 | 5.69 | NA | 6.25 |
| Rank within Category | 51 | 18 | 30 | 22 | 9 | 6 | 12 | NA | 27 |
Source: Dion Global
* Returns over 1 year are CAGR
Peer Comparision
Scheme Name(IDCW Direct) | NAV (Rs) | AUM (Rs Cr) | 1W(%) | 1M(%) | 3M(%) | 6M(%) | 1Y(%) | 3Y(%) | 5Y(%) | 10Y(%) | SI(%) | ER(%) |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 16.72 | 4,949 | 0.05 | 0.62 | 1.58 | 3.43 | 6.56 | 7.43 | 6.65 | NA | 6.77 | 0.40 | |
| 1,134.76 | 3,905 | 0.05 | -1.20 | -0.28 | 0.42 | 0.53 | 0.68 | 0.61 | 0.89 | 0.94 | 0.30 | |
| 1,414.47 | 1,467 | 0.04 | 0.61 | 1.67 | 3.51 | 6.51 | 7.42 | 6.57 | NA | 6.19 | 0.21 | |
| 1,026.23 | 517 | 0.01 | 0.61 | 1.55 | NA | NA | NA | NA | NA | 2.51 | 0.23 | |
| 2,467.68 | 503 | 0.04 | 0.58 | 1.53 | 3.43 | 6.26 | 7.03 | 6.17 | 6.13 | 6.90 | 0.35 | |
| 10.73 | 316 | 0.04 | -0.64 | 0.29 | 0.76 | 1.31 | NA | NA | NA | 3.84 | 0.28 |
Source: Dion Global
Jul 16, 2026
Return Calculator
Over the past
Invested
₹5000
- Invested Amount
- Estimated Return
Total investment of ₹5000
Would have become ₹5,328 (+6.56%)
Fund Manager
Mr. Hardik Shah is a MBA (Financial Planning and Services). Mr. Satra has been working as a Fixed Income Analyst for Axis Mutual Fund for more than 9 years.
View MoreHere is the list of funds managed by Hardik Satra
Scheme Name(IDCW Direct) | Category | NAV(Rs) | AUM(Rs Cr) | 1Y(%) | 5Y(%) |
|---|---|---|---|---|---|
| Debt - Ultra Short Duration | 16.72 | 4,949 | 6.56 | 6.65 |
Source: Dion Global
Jul 16, 2026
Top Performing Related Funds
Scheme Name(IDCW Direct) | NAV (Rs) | AUM (Rs Cr) | 1W(%) | 1M(%) | 3M(%) | 6M(%) | 1Y(%) | 3Y(%) | 5Y(%) | 10Y(%) | SI(%) | ER(%) |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 54.71 | 33,803 | -0.18 | 2.20 | 6.61 | -0.18 | -2.51 | 8.54 | 5.18 | 8.26 | 13.37 | 0.80 | |
| 50.57 | 31,869 | -0.46 | 2.12 | 3.97 | -7.86 | -8.56 | 1.65 | 0.17 | 5.87 | 12.71 | 1.05 | |
| 25.05 | 30,913 | -0.32 | 2.12 | 2.71 | -9.37 | -8.14 | 3.46 | 2.73 | 5.23 | 7.02 | 0.98 | |
| 53.74 | 29,394 | 0.02 | 4.37 | 11.45 | 2.15 | -3.61 | 7.24 | 7.19 | 10.76 | 14.25 | 0.74 | |
| 25.86 | 16,469 | 1.21 | 2.74 | 7.08 | -1.71 | -0.73 | 7.72 | 7.08 | NA | 13.09 | 0.96 | |
| 18.99 | 13,328 | -0.21 | 3.04 | 6.69 | NA | -2.31 | 9.46 | 4.69 | NA | 7.70 | 0.97 |
Source: Dion Global
Jul 16, 2026
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