Axis Ultra Short Duration Fund Direct-IDCW Daily Reinvestment
Debt, Ultra Short Duration, Principal at moderate risk
1 Year Return 6.39% at 08 Jun 2026 12:32 PM
Axis Ultra Short Duration Fund Direct-IDCW Daily Reinvestment: Mutual Fund Overview
Axis Ultra Short Duration Fund Direct-IDCW Daily Reinvestment is an Ultra Short Duration mutual fund with over 7.74 years of performance history. The scheme manages an AUM of ₹5916.36 Cr and has a NAV of ₹10.0338. It is rated '4' stars by analysts. Investors can begin a SIP with as little as ₹100.0, making it accessible for all types of investors. In the last 1 year, the fund has delivered a return of 6.39%.
Fund Details
NAV 10.0338
Sub-Type Ultra Short Duration
Rating 4
Min. SIP Amount ₹100.0
Fund Age(Year) 7.74
Fund Size(in Crores) 5916.36
Fund Performance
1 Month 0.39%
3 Month 1.56%
6 Month 2.98%
1 Year 6.39%
3 Year 7.35%
5 Year 6.54%
Know This Fund
As on 08 Jun 2026
Investment strategy that balances risk & reward by dividing the investment portfolio among different types of asset classes.
Equity (95.92%) Market Cap Large Cap 62.37 Mid Cap 5.24 Small Cap 28.31 Top Sectors Financial 35.42 Automobile 13.79 Services 8.56 Technology 7.64 Metals & Mining 7.35 Materials 4.17 Construction 4.16 Energy 3.97 Healthcare 3.26 Chemicals 3.16 Capital Goods 2.57 Insurance 1.87 Top Holding Aavas Financiers 2.84 Afcons Infrastructure 1.75 Aptus Value Housing Finance India 2.27 Ashok Leyland 2.08 Bajaj Finance 6.75 Bank of Baroda 3.39 Cholamandalam Investment and Finance Company 2.81 Delhivery 4.08 Eicher Motors 4.39 GKW 4.48 GR Infraprojects 2.41 ICICI Bank 6.82 Infosys 3.85 Jindal Steel 4.09 JSW Cement 2.14 Kalpataru Projects Intl. 2.57 Kansai Nerolac Paints 2.03 Kotak Mahindra Bank 3.15 Muthoot Finance 2.99 Navin Fluorine International 3.16 Reliance Industries 3.97 SBI Life Insurance Company 1.87 State Bank of India 4.4 Sun Pharmaceutical Industries 3.26 Tata Motors 3.58 Tata Steel 3.26 Tech Mahindra 3.79 Tenneco Clean Air India 3.74
Debt & Others (4.08%) Sector Allocation Net Payables -2.36 Repo 6.44 Debt Credit Ratings Debt Category Others 4.08
Comparison with same funds
Equity, Flexi Cap funds 360 ONE ELSS Tax Saver Nifty 50 Index Fund Regular-Growth Ret 1M -2.62% Ret 1Y -4.96% Ret 3Y 8.5% Ret 5Y 0%
Equity, Flexi Cap funds 360 ONE ELSS Tax Saver Nifty 50 Index Fund Regular-IDCW Ret 1M -2.62% Ret 1Y -4.96% Ret 3Y 8.5% Ret 5Y 0%
Equity, Flexi Cap funds Aditya Birla Sun Life ELSS Tax Saver Regular-Growth Ret 1M -1.72% Ret 1Y -0.09% Ret 3Y 12.74% Ret 5Y 8.31%
Equity, Flexi Cap funds Aditya Birla Sun Life ELSS Tax Saver Regular-IDCW Ret 1M -1.72% Ret 1Y -0.09% Ret 3Y 12.74% Ret 5Y 8.31%
Equity, Flexi Cap funds Aditya Birla Sun Life ELSS Tax Saver Regular-IDCW Reinvestment Ret 1M -1.72% Ret 1Y -0.09% Ret 3Y 12.74% Ret 5Y 8.31%
Equity, Flexi Cap funds Axis ELSS Tax Saver Fund-Growth Ret 1M -1.97% Ret 1Y -4.17% Ret 3Y 10.05% Ret 5Y 6.88%
Equity, Flexi Cap funds Axis ELSS Tax Saver Fund-IDCW Payout Ret 1M -1.97% Ret 1Y -4.17% Ret 3Y 10.05% Ret 5Y 6.88%
Equity, Flexi Cap funds Axis ELSS Tax Saver Fund-IDCW Reinvestment Ret 1M -1.97% Ret 1Y -4.17% Ret 3Y 10.05% Ret 5Y 6.88%
Equity, Flexi Cap funds Bajaj Finserv ELSS Tax Saver Fund Regular-Growth Ret 1M -2.38% Ret 1Y -0.45% Ret 3Y 0% Ret 5Y 0%
Equity, Flexi Cap funds Bajaj Finserv ELSS Tax Saver Fund Regular-IDCW Ret 1M -2.38% Ret 1Y -0.45% Ret 3Y 0% Ret 5Y 0%
Equity, Flexi Cap funds Bandhan ELSS Tax Saver Fund Regular-Growth Ret 1M -0.98% Ret 1Y -0.25% Ret 3Y 11.21% Ret 5Y 12.13%
Charges & Taxes Expense Ratio
Returns are taxed as per your Income Tax Slab.
Expense Ratio (Inclusive of GST): 0.42%
Exit Load 0%
Stamp Duty 0.005%
Fund Management
The various expenses, charges and taxes associated with your Mutual Fund
Hardik Shah
Education Mr. Shah has done B.E. Information Technology and MBA Finance.
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
Education Mr. Jain is a B.Tech, AGMP (Management)
Experience Prior to joining Axis Asset Management Company Ltd., he has worked with Sundaram Mutual Fund, I- Cap, Sunidhi securities and Finance Ltd.
Aditya Pagaria
Education Mr. Pagaria is a Bachelor in Management Studies and holds a Post Graduate Diploma in Business Management from Institute Of Technology And Management, SK Somaiya College.
Experience Prior to joining Axis AMC he was associated with ICICI Prudential AMC (Nov 2011-Jul 2016) as Fund Manager - Fixed Income Operations.
Riskometer
Mutual Fund Investments are subject to market risk. Read all scheme related documents carefully.
Principal at moderate risk
AMC and Fund details
Rank (total sets) 15
Date of Incorporation 2018-09-10
Total AUM 366022.79
The Scheme Seeks to generate returns from a portfolio of pure debt oriented funds accessed through the diverse investment styles of underlying schemes selected in accordance with the BSLAMC process.
Take Your Next Step
Axis Ultra Short Duration Fund Direct-IDCW Daily Reinvestment FAQs
How to invest in Axis Ultra Short Duration Fund Direct-IDCW Daily Reinvestment?
Investing in Axis Ultra Short Duration Fund Direct-IDCW Daily Reinvestment through Motilal Oswal is simple and completely online. You just need to follow the step-by-step process below to get started in a few minutes.
- Log in to your Motilal Oswal account via the app or website
- Go to the Mutual Funds section
- Search for Axis Ultra Short Duration Fund Direct-IDCW Daily Reinvestment in the search bar
- Select your preferred investment mode – Lumpsum or SIP
- Enter investment details such as amount and linked bank account
- Complete your KYC, if not already done
- Review and confirm details including fund name, plan type, amount, and bank account
- Make the payment using Net Banking, UPI, or other available options
- Receive transaction confirmation via email or SMS
What is the expense ratio of Axis Ultra Short Duration Fund Direct-IDCW Daily Reinvestment?
The term expense ratio for Axis Ultra Short Duration Fund Direct-IDCW Daily Reinvestment or any other mutual fund is the annual fee charged by the fund house for managing your investment scheme. The expense ratio of Axis Ultra Short Duration Fund Direct-IDCW Daily Reinvestment is 0.42% as of 08 Jun 2026.
What is the NAV of Axis Ultra Short Duration Fund Direct-IDCW Daily Reinvestment?
The NAV of Axis Ultra Short Duration Fund Direct-IDCW Daily Reinvestment is ₹10.0338 as of 08 Jun 2026.
What is the AUM of Axis Ultra Short Duration Fund Direct-IDCW Daily Reinvestment?
The AUM (Assets Under Management) of Axis Ultra Short Duration Fund Direct-IDCW Daily Reinvestment is the total value of assets managed by the fund at a given time, which is updated regularly. The AUM of Axis Ultra Short Duration Fund Direct-IDCW Daily Reinvestment is ₹5916.36 Cr as of 08 Jun 2026.
What is the PE and PB ratio of Axis Ultra Short Duration Fund Direct-IDCW Daily Reinvestment?
The PE ratio of Axis Ultra Short Duration Fund Direct-IDCW Daily Reinvestment shows how much investors are paying for the fund's underlying earnings, while the PB ratio indicates how the fund's holdings are valued compared to their book value.
Can I invest in SIP and Lump Sum in Axis Ultra Short Duration Fund Direct-IDCW Daily Reinvestment?
Yes, you can invest in Axis Ultra Short Duration Fund Direct-IDCW Daily Reinvestment through both SIP (Systematic Investment Plan) and lump sum options, depending on your investment preference and financial goals.
What is the return of Axis Ultra Short Duration Fund Direct-IDCW Daily Reinvestment in the last 5 years?
The return of Axis Ultra Short Duration Fund Direct-IDCW Daily Reinvestment in the last 5 years is 6.54%.
What is the minimum SIP investment required in Axis Ultra Short Duration Fund Direct-IDCW Daily Reinvestment?
The minimum SIP investment in Axis Ultra Short Duration Fund Direct-IDCW Daily Reinvestment depends on the fund's scheme rules and usually starts at a small amount. For Axis Ultra Short Duration Fund Direct-IDCW Daily Reinvestment, the minimum SIP amount is ₹100.0.
What is the current NAV of Axis Ultra Short Duration Fund Direct-IDCW Daily Reinvestment?
The NAV of Axis Ultra Short Duration Fund Direct-IDCW Daily Reinvestment, as of 08 Jun 2026, is ₹10.0338.
Who manages the Axis Ultra Short Duration Fund Direct-IDCW Daily Reinvestment?
The fund managers responsible for Axis Ultra Short Duration Fund Direct-IDCW Daily Reinvestment are:
- Hardik Shah
- Sachin Jain
- Aditya Pagaria