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Axis Ultra Short Duration Fund Direct-idcw
Debt
Moderate Risk
Latest AUM
₹ 4,948.7 Cr.
NAV as on 03 aug, 2026
₹ 16.79
+20.58%
3 years annulised
This Fund
Fund Details
Fund Names
Axis Ultra Short Duration Fund Direct-idcw
Inception Date
10 Sep 2018
Lock In
No Lock-in
Risk
Principal at moderate risk
Category Average Annual Returns
7.70
Portfolio Composition Analysis
Debt
96.64%
Cash
3.36%
Portfolio Updated on: 08 Jul, 2026
Sector Allocations
Debt
Financial
Real Estate
Industrials
Healthcare
Diversified
Energy & Utilities
Materials
Technology
Portfolio Updated on: 03 aug, 2026
Top 10 Holdings
| Name | Sector | Instruments | Assets |
|---|---|---|---|
| GOVERNMENT OF INDIA 35753 182 DAYS TBILL 25SP25 FV RS 100 | Financial | Treasury Bills | 3.68% |
| STATE BANK OF INDIA CD 27MAR26 | Financial | Certificate of Deposit | 4.20% |
| NATIONAL BANK FOR AGRICULTURE AND RURAL DEVELOPMENT CD 24MAR26 | Financial | Commercial Paper | 4.61% |
| BANK OF INDIA CD 10MAR26 | Financial | Certificate of Deposit | 3.55% |
| GOVERNMENT OF INDIA 36664 182 DAYS TBILL 30AP26 FV RS 100 | Financial | Treasury Bills | 4.59% |
| NATIONAL BANK FOR AGRICULTURE AND RURAL DEVELOPMENT CD 24MAR26 | Financial | Commercial Paper | 3.55% |
| UNION BANK OF INDIA CD 20MAY26 | Financial | Certificate of Deposit | 4.15% |
| BANK OF INDIA CD 10MAR26 | Financial | Certificate of Deposit | 3.83% |
| GOVERNMENT OF INDIA 36664 182 DAYS TBILL 30AP26 FV RS 100 | Financial | Treasury Bills | 3.53% |
| NATIONAL BANK FOR AGRICULTURE AND RURAL DEVELOPMENT CD 24MAR26 | Financial | Commercial Paper | 3.82% |
Debt & Credit Risk Analysis
| Sharpe Ratio | 3.48% |
| Standard Deviation | 0.42% |
| Sortino Ratio | 4.96% |
Returns Analysis
| Tenure | Absolute | Annualised | Category Average |
|---|---|---|---|
| 3 Months | 1.88% | NA | 1.71% |
| 6 Months | 3.53% | NA | 3.90% |
| 9 Months | 4.99% | NA | 5.74% |
| 1 Year | 6.64% | 6.64% | 7.70% |
| 2 Years | 15.18% | 7.32% | 7.59% |
| 3 Years | 24.02% | 7.44% | 7.34% |
| 5 Years | 38.24% | 6.69% | 6.07% |
| 7 Years | 55.19% | 6.48% | NA |
Axis Ultra Short Duration Fund Direct-idcw is one Debt mutual fund offered by Axis Mutual Fund. Launched on 10 Sep 2018, the fund aims Regular income over short term. Investment in Debt & Money Market instruments such that the Macaulay duration of the portfolio is between 3 months - 6 months. It manages assets worth ₹4,948.7 crore as on Tue Jun 30, 2026. The expense ratio stands at 0.36%.
Hardik Shah has experience Prior to joining Axis Mutual Fund, he has worked with Nippon India Mutual Fund, Quantum Asset Management Company and ICAP India (P) Ltd.
Sachin Jain has experience Prior to joining Axis Asset Management Company Ltd., he has worked with Sundaram Mutual Fund, I- Cap, Sunidhi securities and Finance Ltd.
Top Performing Mutual Funds
| Fund name | |||||||
|---|---|---|---|---|---|---|---|
| UTI Ultra Short Duration Fund Direct-flexi Idcw | 3,146.4 | +0.47% | +1.88% | +3.46% | +6.53% | +7.32% | +7.11% |
| UTI Ultra Short Duration Fund Direct-growth | 3,146.4 | +0.47% | +1.88% | +3.46% | +6.53% | +7.32% | +7.11% |
| UTI Ultra Short Duration Fund Direct-idcw Daily | 3,146.4 | +0.47% | +1.88% | +3.46% | +6.53% | +7.32% | +7.11% |
| UTI Ultra Short Duration Fund Direct-idcw Fortnightly | 3,146.4 | +0.47% | +1.88% | +3.46% | +6.53% | +7.32% | +7.11% |
| UTI Ultra Short Duration Fund Direct-idcw Half Yearly | 3,146.4 | +0.47% | +1.88% | +3.46% | +6.53% | +7.32% | +7.11% |
| UTI Ultra Short Duration Fund Direct-idcw Monthly | 3,146.4 | +0.47% | +1.88% | +3.46% | +6.53% | +7.32% | +7.11% |
| UTI Ultra Short Duration Fund Direct-idcw Quarterly | 3,146.4 | +0.47% | +1.88% | +3.46% | +6.53% | +7.32% | +7.11% |
| UTI Ultra Short Duration Fund Direct-idcw Weekly | 3,146.4 | +0.47% | +1.88% | +3.46% | +6.53% | +7.32% | +7.11% |
| UTI Ultra Short Duration Fund Direct-idcw Yearly | 3,146.4 | +0.47% | +1.88% | +3.46% | +6.53% | +7.32% | +7.11% |
| Nippon India Ultra Short Duration Fund Direct-growth | 10,200.0 | +0.45% | +1.93% | +3.65% | +6.87% | +7.58% | +6.92% |
growth is based on 1-month returns of the funds & Top fund are based on 3Y Returns
More Funds from Axis Mutual Fund
| Fund name | |||||||
|---|---|---|---|---|---|---|---|
| Axis Ultra Short Duration Fund Regular-growth | 4,948.7 | +0.37% | +1.66% | +3.10% | +5.76% | +6.55% | +5.79% |
| Axis Ultra Short Duration Fund Direct-growth | 4,948.7 | +0.45% | +1.88% | +3.53% | +6.64% | +7.44% | +6.69% |
| Axis Ultra Short Duration Fund Regular-idcw | 4,948.7 | +0.37% | +1.66% | +3.10% | +5.76% | +6.55% | +5.79% |
| Axis Ultra Short Duration Fund Direct-idcw Daily | 4,948.7 | +0.45% | +1.88% | +3.53% | +6.64% | +7.44% | +6.69% |
| Axis Ultra Short Duration Fund Regular-idcw Daily | 4,948.7 | +0.37% | +1.66% | +3.10% | +5.76% | +6.55% | +5.79% |
| Axis Ultra Short Duration Fund Regular-idcw Monthly | 4,948.7 | +0.37% | +1.66% | +3.10% | +5.76% | +6.55% | +5.79% |
| Axis Ultra Short Duration Fund Direct-idcw Monthly | 4,948.7 | +0.45% | +1.88% | +3.53% | +6.64% | +7.44% | +6.69% |
| Axis Ultra Short Duration Fund Regular-idcw Weekly | 4,948.7 | +0.37% | +1.66% | +3.10% | +5.76% | +6.55% | +5.79% |
| Axis Ultra Short Duration Fund Direct-idcw Weekly | 4,948.7 | +0.45% | +1.88% | +3.53% | +6.64% | +7.44% | +6.69% |
growth is based on 1-month returns of the funds
Top Mutual Funds
| Fund name | |||||||
|---|---|---|---|---|---|---|---|
| Aditya Birla Sun Life Savings Direct-growth | 17,816.3 | +0.46% | +1.88% | +3.48% | +6.54% | +7.50% | +6.69% |
| Aditya Birla Sun Life Savings Regular-growth | 17,816.3 | +0.44% | +1.81% | +3.34% | +6.27% | +7.25% | +6.47% |
| Aditya Birla Sun Life Savings Regular-idcw Daily | 17,816.3 | +0.44% | +1.81% | +3.34% | +6.27% | +7.25% | +6.47% |
| Aditya Birla Sun Life Savings Direct-idcw Daily | 17,816.3 | +0.46% | +1.88% | +3.48% | +6.54% | +7.50% | +6.69% |
| Aditya Birla Sun Life Savings Regular-idcw Weekly | 17,816.3 | +0.44% | +1.81% | +3.34% | +6.27% | +7.25% | +6.47% |
| Aditya Birla Sun Life Savings Direct-idcw Weekly | 17,816.3 | +0.46% | +1.88% | +3.48% | +6.54% | +7.50% | +6.69% |
| HDFC Ultra Short Term Fund Regular-growth | 15,949.6 | +0.41% | +1.70% | +3.18% | +5.96% | +6.88% | +6.14% |
| HDFC Ultra Short Term Fund Direct-growth | 15,949.6 | +0.44% | +1.79% | +3.36% | +6.32% | +7.23% | +6.48% |
| HDFC Ultra Short Term Fund Regular-idcw Daily | 15,949.6 | +0.41% | +1.70% | +3.18% | +5.96% | +6.88% | +6.14% |
| HDFC Ultra Short Term Fund Direct-idcw Daily | 15,949.6 | +0.44% | +1.79% | +3.36% | +6.32% | +7.23% | +6.48% |
Top funds are based on Fund AUM
Top Debt Funds
| Fund name | ||||
|---|---|---|---|---|
| Uti Ultra Short Duration Fund Direct-flexi Idcw | ₹2,367.13 | +7.32% | +7.11% | — |
| Uti Ultra Short Duration Fund Direct-growth | ₹4,878.92 | +7.32% | +7.11% | — |
| Uti Ultra Short Duration Fund Direct-idcw Daily | ₹1,623.13 | +7.32% | +7.11% | — |
| Uti Ultra Short Duration Fund Direct-idcw Fortnightly | ₹1,345.80 | +7.32% | +7.11% | — |
| Uti Ultra Short Duration Fund Direct-idcw Half Yearly | ₹1,546.94 | +7.32% | +7.11% | — |
| Uti Ultra Short Duration Fund Direct-idcw Monthly | ₹1,175.70 | +7.32% | +7.11% | — |
| Uti Ultra Short Duration Fund Direct-idcw Quarterly | ₹2,025.77 | +7.32% | +7.11% | — |
| Uti Ultra Short Duration Fund Direct-idcw Weekly | ₹1,084.26 | +7.32% | +7.11% | — |
| Uti Ultra Short Duration Fund Direct-idcw Yearly | ₹1,534.64 | +7.32% | +7.11% | — |
| Nippon India Ultra Short Duration Fund Direct-growth | ₹4,782.86 | +7.58% | +6.92% | — |
growth is based on 5Y returns of the funds
Historical NAV
| Date | NAV |
|---|---|
| 03 Aug 2026 | ₹16.79 |
| 31 Jul 2026 | ₹16.78 |
| 30 Jul 2026 | ₹16.77 |
| 29 Jul 2026 | ₹16.77 |
| 28 Jul 2026 | ₹16.77 |
| 27 Jul 2026 | ₹16.77 |
| 24 Jul 2026 | ₹16.75 |
| 23 Jul 2026 | ₹16.75 |
| 22 Jul 2026 | ₹16.75 |
| 21 Jul 2026 | ₹16.74 |
| 20 Jul 2026 | ₹16.74 |
| 17 Jul 2026 | ₹16.73 |
| 16 Jul 2026 | ₹16.72 |
| 15 Jul 2026 | ₹16.72 |
| 14 Jul 2026 | ₹16.71 |
| 13 Jul 2026 | ₹16.72 |
| 10 Jul 2026 | ₹16.72 |
| 09 Jul 2026 | ₹16.71 |
| 08 Jul 2026 | ₹16.70 |
| 07 Jul 2026 | ₹16.71 |
| 06 Jul 2026 | ₹16.72 |
| 03 Jul 2026 | ₹16.71 |
| 02 Jul 2026 | ₹16.71 |
| 01 Jul 2026 | ₹16.70 |
| 30 Jun 2026 | ₹16.69 |
| 29 Jun 2026 | ₹16.68 |
| 25 Jun 2026 | ₹16.66 |
| 24 Jun 2026 | ₹16.65 |
| 23 Jun 2026 | ₹16.64 |
| 22 Jun 2026 | ₹16.64 |
Portfolio Updated on: 04 Aug, 2026
Fund Growth & Size Analysis
+₹4,948.7 Cr
Since Launch
This Fund
Category Average
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Axis Ultra Short Duration Fund Direct-idcw Returns Comparison
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Axis Ultra Short Duration Fund Direct-idcw FAQ'S
- Sharpe Ratio: 3.48%
- Standard Deviation: 0.42%
- Sortino Ratio: 4.96%
Additional important ratios:
As of Tue Jun 30, 2026, the total assets managed under Axis Ultra Short Duration Fund Direct-idcw stand at approximately ₹ 4,948.7 crore.
The Axis Ultra Short Duration Fund Direct-idcw has delivered the following short-term performance:
- 3 Months Return: 1.88%
- 6 Months Return: 3.53%
The historical growth of the Axis Ultra Short Duration Fund Direct-idcw is reflected through its CAGR returns:
- 3 Year CAGR: 7.44%
- 5 Year CAGR: 6.69%
- Return Since Launch: 6.78%
The portfolio of Axis Ultra Short Duration Fund Direct-idcw is distributed across different asset classes as follows:
- Debt Instruments: 96.64%
- Other Assets: 3.36%
The Axis Ultra Short Duration Fund Direct-idcw is managed by Sachin Jain, representing Axis Mutual Fund.
Top stock holdings of Axis Ultra Short Duration Fund Direct-idcw include:
- GOVERNMENT OF INDIA 35753 182 DAYS TBILL 25SP25 FV RS 100 – represents 3.68% of the portfolio
- STATE BANK OF INDIA CD 27MAR26 – represents 4.20% of the portfolio
- NATIONAL BANK FOR AGRICULTURE AND RURAL DEVELOPMENT CD 24MAR26 – represents 4.61% of the portfolio
- BANK OF INDIA CD 10MAR26 – represents 3.55% of the portfolio
- GOVERNMENT OF INDIA 36664 182 DAYS TBILL 30AP26 FV RS 100 – represents 4.59% of the portfolio
- NATIONAL BANK FOR AGRICULTURE AND RURAL DEVELOPMENT CD 24MAR26 – represents 3.55% of the portfolio
- UNION BANK OF INDIA CD 20MAY26 – represents 4.15% of the portfolio
- BANK OF INDIA CD 10MAR26 – represents 3.83% of the portfolio
- GOVERNMENT OF INDIA 36664 182 DAYS TBILL 30AP26 FV RS 100 – represents 3.53% of the portfolio
- NATIONAL BANK FOR AGRICULTURE AND RURAL DEVELOPMENT CD 24MAR26 – represents 3.82% of the portfolio
Major sector exposures in Axis Ultra Short Duration Fund Direct-idcw are:
- Financial – accounts for 757.01% of the portfolio
- Real Estate – accounts for 50.39% of the portfolio
- Industrials – accounts for 38.10% of the portfolio
- Healthcare – accounts for 27.31% of the portfolio
- Diversified – accounts for 15.28% of the portfolio
