Axis Ultra Short Term Fund Overview
Category Ultra Short Duration Fund
BMSMONEY Rank 14
BMSMONEY Rating
Gro. Opt. As On: 02-12-2024
NAV ₹14.15(R) +0.06% ₹14.94(D) +0.07%
Returns 1Y 3Y 5Y 7Y 10Y
LumpSum (R) 7.0% 5.81% 5.19% -% -%
LumpSum (D) 7.87% 6.72% 6.11% -% -%
SIP (R) 6.96% 6.5% 5.67% -% -%
SIP (D) 7.84% 7.4% 6.58% -% -%
Ratio Sharpe Ratio Sortino Ratio Sterling Ratio Jensen's Alpha Treynor Ratio
-2.03 -0.52 0.58 -% -
Risk STD. Dev VaR 1Y95% Max DD Beta Semi Devi.
0.48% 0.0% 0.0% - 0.39%
Top Ultra Short Duration Fund
Fund Name Rank Rating
Aditya Birla Sun Life Savings Fund 1
Baroda BNP Paribas Ultra Short Duration Fund 2
Mirae Asset Ultra Short Duration Fund 3
Icici Prudential Ultra Short Term Fund 4
Bandhan Ultra Short Term Fund 5

NAV Date: 02-12-2024

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 - Monthly IDCW 10.04
0.0100
0.0700%
Axis Ultra Short Term Fund - Direct Plan - Weekly IDCW 10.05
-0.0100
-0.0700%
Axis Ultra Short Term Fund - Regular Plan - Monthly IDCW 10.05
0.0100
0.0600%
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
-0.0100
-0.0700%
Axis Ultra Short Term Fund - Regular Plan Growth 14.15
0.0100
0.0600%
Axis Ultra Short Term Fund - Regular Plan - Regular IDCW 14.15
0.0100
0.0600%
Axis Ultra Short Term Fund - Direct Plan Growth 14.94
0.0100
0.0700%
Axis Ultra Short Term Fund - Direct Plan - Regular IDCW 14.94
0.0100
0.0700%

Review Date: 02-12-2024

Axis Ultra Short Term Fund has exhibited 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 7.0% in 1 year, 5.81% in 3 years and 5.19% in 5 years. The category average for the same periods is 7.08%, 5.94% and 5.37% respectively, which shows average return performance of fund in the category. The fund has exhibited standard deviation of 0.48. The category average for the same parameter is 0.48 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 ₹10787.0 in 1 year, ₹12155.0 in 3 years and ₹13451.0 in 5 years as of today (02-12-2024).
  2. An SIP of ₹1,000 per month in Axis Ultra Short Term Fund direct growth option would have grown to ₹12503.0 in 1 year, ₹40269.0 in 3 years and ₹70849.0 in 5 years as of today (02-12-2024).
  3. Sharpe ratio of the fund is -2.03 which shows average performance of fund in the ultra short duration fund category.


Not able to see in mobile!!! save the chart by clicking on camera icon.

KPIs* Fund Benchmark Cat. Avg Min | Max Rank (In Cat.) Performance
1M Return % 0.49
0.50
0.43 | 0.55 15 | 23 Average
3M Return % 1.71
1.72
1.41 | 1.92 15 | 23 Average
6M Return % 3.39
3.43
2.93 | 3.74 15 | 23 Average
1Y Return % 7.00
7.08
6.01 | 7.72 14 | 23 Average
3Y Return % 5.81
5.94
5.05 | 6.46 14 | 22 Average
5Y Return % 5.19
5.37
4.40 | 6.23 12 | 19 Average
1Y SIP Return % 6.96
7.05
5.96 | 7.73 14 | 23 Average
3Y SIP Return % 6.50
6.64
5.68 | 7.18 15 | 22 Average
5Y SIP Return % 5.67
5.84
4.88 | 6.49 12 | 19 Average
Standard Deviation 0.48
0.48
0.42 | 0.54 11 | 22 Good
Semi Deviation 0.39
0.39
0.34 | 0.42 9 | 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 -2.03
-1.80
-3.93 | -0.71 15 | 22 Average
Sterling Ratio 0.58
0.59
0.50 | 0.64 14 | 22 Average
Sortino Ratio -0.52
-0.46
-0.76 | -0.23 15 | 22 Average
Return data last Updated On : Dec. 2, 2024.
Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : Nov. 29, 2024
KPIs: Key Performance Indicators

Rotate the phone! Best viewed in landscape mode on mobile.
KPIs* Fund Benchmark Cat. Avg Min | Max Rank (In Cat.) Performance
1M Return % 0.56 0.54 0.47 | 0.57 5 | 23
3M Return % 1.91 1.86 1.60 | 1.97 4 | 23
6M Return % 3.81 3.70 3.26 | 3.85 4 | 23
1Y Return % 7.87 7.62 6.62 | 7.96 4 | 23
3Y Return % 6.72 6.45 5.66 | 6.92 2 | 22
5Y Return % 6.11 5.87 4.92 | 7.06 5 | 19
1Y SIP Return % 7.84 7.61 6.62 | 7.95 4 | 23
3Y SIP Return % 7.40 7.15 6.31 | 7.51 2 | 22
5Y SIP Return % 6.58 6.35 5.49 | 7.32 5 | 19
Standard Deviation 0.48 0.48 0.42 | 0.54 11 | 22
Semi Deviation 0.39 0.39 0.34 | 0.42 9 | 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 -2.03 -1.80 -3.93 | -0.71 15 | 22
Sterling Ratio 0.58 0.59 0.50 | 0.64 14 | 22
Sortino Ratio -0.52 -0.46 -0.76 | -0.23 15 | 22
Return data last Updated On : Dec. 2, 2024.
Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : Nov. 29, 2024
KPIs: Key Performance Indicators

Investment Period Regular Direct
Return % Current Value of ₹ 10000 Return % Current Value of ₹ 10000
1D 0.06 ₹ 10,006.00 0.07 ₹ 10,007.00
1W 0.13 ₹ 10,013.00 0.14 ₹ 10,014.00
1M 0.49 ₹ 10,049.00 0.56 ₹ 10,056.00
3M 1.71 ₹ 10,171.00 1.91 ₹ 10,191.00
6M 3.39 ₹ 10,339.00 3.81 ₹ 10,381.00
1Y 7.00 ₹ 10,700.00 7.87 ₹ 10,787.00
3Y 5.81 ₹ 11,846.00 6.72 ₹ 12,155.00
5Y 5.19 ₹ 12,877.00 6.11 ₹ 13,451.00
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 6.96 ₹ 12,447.43 7.84 ₹ 12,503.18
3Y ₹ 36000 6.50 ₹ 39,733.09 7.40 ₹ 40,269.20
5Y ₹ 60000 5.67 ₹ 69,257.58 6.58 ₹ 70,848.90
7Y ₹ 84000 ₹ ₹
10Y ₹ 120000 ₹ ₹
15Y ₹ 180000 ₹ ₹


Date Axis Ultra Short Term Fund NAV Regular Growth Axis Ultra Short Term Fund NAV Direct Growth
02-12-2024 14.1481 14.9395
29-11-2024 14.1396 14.9295
28-11-2024 14.1363 14.9256
27-11-2024 14.1347 14.9236
26-11-2024 14.1325 14.921
25-11-2024 14.1302 14.9182
22-11-2024 14.1232 14.9098
21-11-2024 14.1207 14.9068
19-11-2024 14.1168 14.9021
18-11-2024 14.1142 14.8989
14-11-2024 14.1047 14.8877
13-11-2024 14.1019 14.8844
12-11-2024 14.0994 14.8813
11-11-2024 14.0968 14.8783
08-11-2024 14.0893 14.8694
07-11-2024 14.0871 14.8667
06-11-2024 14.084 14.8631
05-11-2024 14.0818 14.8605
04-11-2024 14.0787 14.8569

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.