Axis Ultra Short Duration Fund-Reg(G)
View the direct plan of this scheme
Rs 14.7016 0.0009(0.006 %) NAV as on 13 Jun 2025
Scheme Objective: The investment objective of the Scheme is to generate regular income and capital appreciation byinvesting in a portfolio of short term debt and money market instruments with relatively lower interestrate risk such that Macaulay duration of the portfolio is between 3 months and 6 months.
Performance (As on 13 Jun 2025)
1 week returns | 3 month returns | 6 month returns | 1 year returns | 3 year returns | 5 year returns | Returns since inception | |
---|---|---|---|---|---|---|---|
Scheme | 0.03 % | 2.17 % | 3.72 % | 7.24 % | 6.61 % | 5.38 % | 5.86 % | >
Portfolio
Ultra-short duration debt funds invest in debt instruments such as commercial paper, certificate of deposits, treasury bills and other money market instruments. They maintain an average portfolio maturity of around 6 months. These funds may deliver losses on a day-to-day basis but are generally low volatile. While most funds pick instruments that have a high credit rating, some can go into papers with lower credit ratings in order to deliver higher return.
These funds suit any investor with investment horizons of 6 months to a year. Ensure that funds do not have a high share of low-rated debt. These funds can also be used to maintain emergency money as well.