Investment Objective and Approach

Axis Ultra Short Duration Fund is designed for investors seeking short-term investment opportunities with moderate risk. The fund invests in debt and money market instruments such that Macaulay duration of the portfolio is between 3 months - 6 months. This investment approach makes it one of the least interest rate sensitive funds among duration-based debt funds.

Ultra Short Duration Funds maintain a portfolio of debt and money market instruments wherein the portfolio has a Macaulay duration of around 3 to 6 months. Among the duration funds, these funds are relatively less affected by the movement of overall interest rates. These funds may be suitable to earn regular income with high liquidity.

The fund's strategy focuses on capital preservation while generating steady returns through carefully selected debt securities. With its short duration approach, the fund offers lower volatility compared to longer duration debt funds, making it suitable for conservative investors looking for better returns than traditional savings accounts.

Fund Managers

Aditya Pagaria is the Current Fund Manager of Axis Ultra Short Duration Fund Direct Growth fund. He brings extensive experience in fixed income management to the fund's operations.

Additionally, the fund benefits from the expertise of other seasoned professionals at Axis AMC. Mr. Devang Shah is the Deputy Head - Fixed Income at Axis AMC. Before joining Axis AMC, he was associated with ICICI Prudential AMC as a Fund Manager. His primary responsibility at Axis AMC is to analyse and manage top-quartile performance for all funds, along with addressing client relationship.

The fund management team's combined experience in debt markets and risk management ensures disciplined investment decisions aligned with the fund's ultra-short duration strategy.

About the Fund House (AMC)

Axis Asset Management Company Ltd., the formal name of Axis Mutual Fund, is the mutual fund investment wing of Axis Bank, one of the largest private banks in India. 74.99% share of the AMC is held by Axis Bank while the rest 24% is held by Schroder Singapore Holdings Private Limited.

The Axis MF AMC was incorporated back in October 2009 and has since abided by its three pillars: Outside-in view – Communicate with customers in their language to assist better in taking the right investment decision. Long-term wealth creation – Encourage investors to create a long-term investment strategy and play a critical role in their wealth management. Long-term relationship – Build relationships beyond finances.

As of March 31, 2024, the AMC has reported Assets Under Management (AUM) for schemes of Axis Mutual Funds at Rs. 2.74 lakh crores. The fund house has demonstrated consistent growth since inception, with a strong track record in managing diverse investment portfolios.

Key achievements include:

- In April 2012, Schroders, an asset management company, acquired a 25% stake in Axis Mutual Fund

- The AUM size of Axis Mutual Fund has increased at a CAGR (Compounded Annual Growth Rate) of 35% in the last three (3) years and 45% since its inception in 2009

- With a wide presence in over 100 cities and managing 60 lakh+ active investor accounts from over 50+ funds, it is one of the fastest-growing AMC in the country

Should I Invest in Axis Ultra Short Duration Fund?

This fund can be suitable for investors with the following profile:

Ideal for:

- Investors seeking low-risk debt exposure with better returns than savings accounts

- Those looking for short-term parking of surplus funds (3-12 months)

- Conservative investors wanting to diversify from fixed deposits

- Investors needing high liquidity with relatively stable returns

Key Fund Metrics (as of July 2024):

- AUM: ₹6210.81 Cr as of 25th July 2025

- Expense ratio: 0.38% as of 25th July 2025

- CAGR since inception: 6.8%

- Fund launched: Aug 27 2018

Investment Considerations:

- Suitable for conservative investors with short to medium-term horizons

- Lower interest rate sensitivity compared to longer duration funds

- Provides better liquidity than fixed deposits

- Returns subject to credit risk and interest rate movements

- Taxation as per debt fund rules applies

The fund's moderate risk profile and professional management make it appropriate for investors seeking stable returns with capital preservation as the primary objective.

FAQs

What is today's NAV of Axis Ultra Short Duration Fund?

The current NAV varies daily based on market conditions. You can check the latest NAV on Allvest or the fund's official website for real-time updates.

What is the AUM of Axis Ultra Short Duration Fund?

The fund has an AUM of ₹6,210.81 crores as of July 25, 2025, indicating strong investor confidence and adequate fund size for efficient management.

What is the expense ratio of Axis Ultra Short Duration Fund?

The expense ratio is 0.38% as of July 25, 2025, which is competitive for debt funds and helps maximize investor returns.

What are the returns of Axis Ultra Short Duration Fund since inception?

The fund has delivered a CAGR of 6.8% since inception in August 2018, demonstrating consistent performance over its operational period.

What is the minimum SIP amount to invest in Axis Ultra Short Duration Fund?

The minimum SIP amount typically starts from ₹500-₹1,000 per month, though this may vary. Check with Allvest for current minimum investment requirements.

How do I invest in Axis Ultra Short Duration Fund?

You can invest through Allvest's platform by completing your KYC, selecting the fund, choosing SIP or lump sum mode, and making payment via multiple options.

How to start a SIP in Axis Ultra Short Duration Fund?

Login to your Allvest account, search for the fund, select SIP option, choose investment amount and frequency, then set up auto-pay for seamless investing.

How do I automate an SIP in Axis Ultra Short Duration Fund?

Set up auto-pay through bank mandate or UPI on Allvest platform during SIP registration to ensure automatic monthly deductions without manual intervention.

How can I withdraw/redeem my investment in Axis Ultra Short Duration Fund?

You can redeem through Allvest platform by placing a redemption request. Funds typically get credited to your bank account within 1-2 business days.