Axis Ultra Short Duration Fund Direct Growth
- Fund size
- ₹5,612 Cr
- Launched
- 12 Sep 2018
- Volatility (3Y)
- 0.4%
- Worst fall (5Y)
- -0.2%
NAV history
Returns
| Period | Return | Type |
|---|---|---|
| 1 month | +0.47% | Absolute |
| 6 months | +3.70% | Absolute |
| 1 year | +6.77% | CAGR |
| 3 years | +7.44% | CAGR |
| 5 years | +6.81% | CAGR |
| 10 years | — | Not enough history |
| Since launch | +6.78% | CAGR · from 12 Sep 2018 |
CAGR = annualised return. Periods under a year are absolute. Returns are NAV-based and before any exit load or tax.
If you had started a ₹10,000 SIP
- Invested
- ₹3,60,000
- Value today
- ₹3,99,670
- XIRR
- +7.25%
- Invested
- ₹6,00,000
- Value today
- ₹7,16,992
- XIRR
- +7.26%
Assumes ₹10,000 invested on the first NAV date of every month. Try your own numbers in the SIP calculator.
Top holdings
As of Aug 2026 · 78 holdings · top 10 = 37.6%| Company | Sector | Weight |
|---|---|---|
| 182 Days Tbill (MD 17/12/2026) | Debt | 7.30% |
| Small Industries Development Bank of India (28/01/2027) | Debt | 4.80% |
| Bank of Baroda | Debt | 4.05% |
| Canara Bank | Debt | 3.61% |
| Mindspace Business Parks Reit | Real Estate | 3.30% |
| National Bank for Agriculture and Rural Development (14/01/2027) | Debt | 3.21% |
| Union Bank of India | Debt | 3.21% |
| HDFC Bank | Debt | 2.83% |
| Punjab National Bank | Debt | 2.83% |
| Export Import Bank of India (11/12/2026) | Debt | 2.43% |
| Canara Bank (18/12/2026) | Debt | 2.42% |
| IDBI Bank | Debt | 2.38% |
| ICICI Home Finance Company Limited (28/12/2026) | Debt | 2.01% |
| IndusInd Bank Limited (09/03/2027) | Debt | 1.99% |
| JTPM Metal Traders | Debt | 1.77% |
About this fund
An ultra short duration fund holds debt with a portfolio duration of 3–6 months.
SEBI category: Income/Debt Oriented Schemes - Ultra Short Term Fund · ISIN INF846K01F40
Other ultra short duration funds
Is this fund right for you?
Past returns are one input. Whether a fund fits depends on your goals, horizon, taxes and what you already hold. Sulekha Sen reviews that with you — fee-only.
Book a free 30-min call →Mutual fund investments are subject to market risks, read all scheme related documents carefully. Past performance is not indicative of future returns. NAV data: AMFI, via the open TigZig MF NAV API, as of 5 Oct 2026. Fund size: AMFI quarterly average AUM. Holdings: each AMC’s SEBI-mandated monthly portfolio disclosure. Shown for information only — not a recommendation to buy, sell or hold any scheme.