Axis Ultra Short Term Fund Overview
Category Ultra Short Duration Fund
BMSMONEY Rank 14
BMSMONEY Rating
Gro. Opt. As On: 14-01-2025
NAV ₹14.25(R) +0.01% ₹15.06(D) +0.01%
Returns 1Y 3Y 5Y 7Y 10Y
LumpSum (R) 6.91% 5.91% 5.21% -% -%
LumpSum (D) 7.78% 6.82% 6.13% -% -%
SIP (R) 6.77% 2.51% 2.89% -% -%
SIP (D) 7.65% 3.35% 3.77% -% -%
Ratio Sharpe Ratio Sortino Ratio Sterling Ratio Jensen's Alpha Treynor Ratio
-2.04 -0.53 0.59 -% -
Risk STD. Dev VaR 1Y95% Max DD Beta Semi Devi.
0.47% 0.0% 0.0% - 0.38%
Top Ultra Short Duration Fund
Fund Name Rank Rating
Aditya Birla Sun Life Savings Fund 1
Mirae Asset Ultra Short Duration Fund 2
Baroda BNP Paribas Ultra Short Duration Fund 3
Bandhan Ultra Short Term Fund 4
Icici Prudential Ultra Short Term Fund 5

NAV Date: 14-01-2025

Scheme Name NAV Rupee Change Percent Change
Axis Ultra Short Term Fund - Direct Plan - Daily IDCW 10.03
0.0000
0.0000%
Axis Ultra Short Term Fund - Direct Plan - Weekly IDCW 10.05
0.0000
0.0100%
Axis Ultra Short Term Fund - Direct Plan - Monthly IDCW 10.06
0.0000
0.0100%
Axis Ultra Short Term Fund - Regular Plan - Monthly IDCW 10.06
0.0000
0.0100%
Axis Ultra Short Term Fund - Regular Plan - Daily IDCW 10.07
0.0000
0.0000%
Axis Ultra Short Term Fund - Regular Plan - Weekly IDCW 10.07
0.0000
0.0100%
Axis Ultra Short Term Fund - Regular Plan Growth 14.25
0.0000
0.0100%
Axis Ultra Short Term Fund - Regular Plan - Regular IDCW 14.25
0.0000
0.0100%
Axis Ultra Short Term Fund - Direct Plan Growth 15.06
0.0000
0.0100%
Axis Ultra Short Term Fund - Direct Plan - Regular IDCW 15.06
0.0000
0.0100%

Review Date: 14-01-2025

Axis Ultra Short Term Fund has shown poor performance in the Ultra Short Duration Fund category. The fund has rank of 14 out of 22 funds in the category. The fund has delivered return of 6.91% in 1 year, 5.91% in 3 years and 5.21% in 5 years. The category average for the same periods is 7.02%, 6.03% and 5.39% respectively, which shows average return performance of fund in the category. The fund has exhibited standard deviation of 0.47. The category average for the same parameter is 0.47 The fund has average risk in the category.

Key Points:

  1. An investment of ₹10,000 in Axis Ultra Short Term Fund direct growth option would have grown to ₹10778.0 in 1 year, ₹12190.0 in 3 years and ₹13463.0 in 5 years as of today (14-01-2025).
  2. An SIP of ₹1,000 per month in Axis Ultra Short Term Fund direct growth option would have grown to ₹12492.0 in 1 year, ₹37895.0 in 3 years and ₹66026.0 in 5 years as of today (14-01-2025).
  3. Sharpe ratio of the fund is -2.04 which shows average performance of fund in the ultra short duration fund category.


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KPIs* Fund Benchmark Cat. Avg Min | Max Rank (In Cat.) Performance
1M Return % 0.46
0.48
0.42 | 0.54 20 | 23 Poor
3M Return % 1.57
1.60
1.36 | 1.82 16 | 23 Average
6M Return % 3.29
3.35
2.85 | 3.73 15 | 23 Average
1Y Return % 6.91
7.02
5.95 | 7.72 14 | 23 Average
3Y Return % 5.91
6.03
5.16 | 6.59 14 | 23 Average
5Y Return % 5.21
5.39
4.42 | 6.21 12 | 19 Average
1Y SIP Return % 6.77
6.89
5.83 | 7.64 15 | 23 Average
3Y SIP Return % 2.51
2.61
1.73 | 3.19 15 | 23 Average
5Y SIP Return % 2.89
3.06
2.12 | 3.66 12 | 19 Average
Standard Deviation 0.47
0.47
0.41 | 0.54 11 | 22 Good
Semi Deviation 0.38
0.38
0.34 | 0.42 10 | 22 Good
Max Drawdown % 0.00
0.00
-0.01 | 0.00 20 | 22 Poor
Average Drawdown % 0.00
0.00
-0.01 | 0.00 20 | 22 Poor
Sharpe Ratio -2.04
-1.80
-4.04 | -0.64 15 | 22 Average
Sterling Ratio 0.59
0.60
0.51 | 0.66 14 | 22 Average
Sortino Ratio -0.53
-0.46
-0.77 | -0.20 15 | 22 Average
Return data last Updated On : Jan. 14, 2025.
Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : Dec. 31, 2024
KPIs: Key Performance Indicators

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KPIs* Fund Benchmark Cat. Avg Min | Max Rank (In Cat.) Performance
1M Return % 0.53 0.53 0.46 | 0.56 10 | 23
3M Return % 1.77 1.74 1.55 | 1.88 7 | 23
6M Return % 3.71 3.62 3.19 | 3.84 6 | 23
1Y Return % 7.78 7.57 6.56 | 7.94 4 | 23
3Y Return % 6.82 6.57 5.77 | 6.99 2 | 23
5Y Return % 6.13 5.89 4.95 | 7.04 5 | 19
1Y SIP Return % 7.65 7.45 6.48 | 7.87 5 | 23
3Y SIP Return % 3.35 3.13 2.33 | 3.46 3 | 23
5Y SIP Return % 3.77 3.56 2.71 | 4.47 5 | 19
Standard Deviation 0.47 0.47 0.41 | 0.54 11 | 22
Semi Deviation 0.38 0.38 0.34 | 0.42 10 | 22
Max Drawdown % 0.00 0.00 -0.01 | 0.00 20 | 22
Average Drawdown % 0.00 0.00 -0.01 | 0.00 20 | 22
Sharpe Ratio -2.04 -1.80 -4.04 | -0.64 15 | 22
Sterling Ratio 0.59 0.60 0.51 | 0.66 14 | 22
Sortino Ratio -0.53 -0.46 -0.77 | -0.20 15 | 22
Return data last Updated On : Jan. 14, 2025.
Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : Dec. 31, 2024
KPIs: Key Performance Indicators

Investment Period Regular Direct
Return % Current Value of ₹ 10000 Return % Current Value of ₹ 10000
1D 0.01 ₹ 10,001.00 0.01 ₹ 10,001.00
1W 0.09 ₹ 10,009.00 0.10 ₹ 10,010.00
1M 0.46 ₹ 10,046.00 0.53 ₹ 10,053.00
3M 1.57 ₹ 10,157.00 1.77 ₹ 10,177.00
6M 3.29 ₹ 10,329.00 3.71 ₹ 10,371.00
1Y 6.91 ₹ 10,691.00 7.78 ₹ 10,778.00
3Y 5.91 ₹ 11,881.00 6.82 ₹ 12,190.00
5Y 5.21 ₹ 12,890.00 6.13 ₹ 13,463.00
7Y ₹ ₹
10Y ₹ ₹
15Y ₹ ₹

Disclaimer: Past performance may or may not be sustained in future and should not be used as a basis for comparison with other investments. Returns for periods above 1 year are annualised.

Investment Period Invested Amount Regular Direct
XIRR % Current Value of Invested Amount XIRR % Current Value of Invested Amount
1Y ₹ 12000 6.77 ₹ 12,436.67 7.65 ₹ 12,492.38
3Y ₹ 36000 2.51 ₹ 37,411.67 3.35 ₹ 37,895.22
5Y ₹ 60000 2.89 ₹ 64,568.16 3.77 ₹ 66,025.62
7Y ₹ 84000 ₹ ₹
10Y ₹ 120000 ₹ ₹
15Y ₹ 180000 ₹ ₹


Date Axis Ultra Short Term Fund NAV Regular Growth Axis Ultra Short Term Fund NAV Direct Growth
14-01-2025 14.2473 15.0585
13-01-2025 14.246 15.0569
10-01-2025 14.2396 15.0491
09-01-2025 14.2362 15.0451
08-01-2025 14.2355 15.0441
07-01-2025 14.2351 15.0433
06-01-2025 14.2331 15.0409
03-01-2025 14.226 15.0323
02-01-2025 14.2246 15.0305
01-01-2025 14.2215 15.027
31-12-2024 14.217 15.0218
30-12-2024 14.2101 15.0142
27-12-2024 14.2031 15.0058
26-12-2024 14.1999 15.0021
24-12-2024 14.195 14.9963
23-12-2024 14.194 14.9949
20-12-2024 14.189 14.9886
19-12-2024 14.1871 14.9862
18-12-2024 14.1861 14.9849
17-12-2024 14.1838 14.9821
16-12-2024 14.1815 14.9793

Fund Launch Date: 27/Aug/2018
Fund Category: Ultra Short Duration Fund
Investment Objective: The investment objective of 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 Description: An open ended ultra-short term debt scheme investing in instruments such that the Macaulay duration of the portfolio is between 3 months and 6 months
Fund Benchmark: CRISIL Ultra Short Term Debt Index
Source: Fund FactSheet

Disclaimer: NO INVESTMENT ADVICE. The Content is for informational purposes only.