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Scheme Information
Investment Objective
The investment objective of the Scheme is to generate regular income and capital appreciation by investing in a portfolio of short term debt and money market instruments with relatively lower interest rate risk such that Macaulay duration of the portfolio is between 3 months and 6 months.
Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments are subject to market risk, read all scheme related documents carefully before investing. Past performance is not an indicator of future returns.
Axis Asset Management Company Limited manages assets worth 192,437 crores and was set up on 13 January 2009. It's current offering of mutual fund schemes includes 30 equity,93 debt and 35 hybrid funds.
We use a proprietary system to rate mutual funds and based on that make a recommendation or rate the fund as top ranked.
We use a proprietary system to rate mutual funds and based on that make a recommendation or rate the fund as top ranked.
What Scripbox recommendations mean?
Recommended
Scripbox algorithm recommends 2-4 funds for investment for an investment asset class such as large cap, diversified, liquid etc. When you invest for an objective, the algorithm suggests the appropriate asset class and funds.
Top Ranked
Not Recommended
Track Record
We look at consistent and long historical performance for our analysis.
Relative Size
We look at the size of the fund with respect to other funds in the category. Larger funds are preferred.
Category View
We check if the sub-category of the fund is recommended by us.
Consistency Of Performance
Consistency of performance over various tenures is analysed for a relative performance stack.
Track Record
We look at consistent and long historical performance for our analysis.
Relative Size
We look at the size of the fund with respect to other funds in the category. Larger funds are preferred.
Impact of Interest Rates
We check the relative interest rate risk of the sub-category of the fund. Lower the better.
Credit Quality Of Fund’s Portfolio
We check the relative interest rate risk of the sub-category of the fund. Lower the better.
Equity Funds
Debt Funds
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Invest via netbanking, UPI or through an SIP (eNACH mandate).
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The Scripbox Promise
Scripbox has helped over 2500 people become millionaires in the last 7 years
You'll never have to worry about what funds to choose. We'll suggest what's best for you.
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About Axis Ultra Short Term Fund Pay out (D-W)
About Axis Ultra Short Term Fund Pay out (D-W)
Axis Ultra Short Term Fund Pay out (D-W) is a ultra short debt fund and has delivered an annualised return of 0.6% over a period of 3 years ..The fund is managed by Axis Asset Management Company Limited.The fund managers are Aditya Pagaria, Sachin Jain
Axis Ultra Short Term Fund Pay out (D-W) Investment Objective
The investment objective of the Scheme is to generate regular income and capital appreciation by investing in a portfolio of short term debt and money market instruments with relatively lower interest rate risk such that Macaulay duration of the portfolio is between 3 months and 6 months. However, there is no assurance that the objective of the scheme will be realized.
Axis Ultra Short Term Fund Pay out (D-W) NAV,AUM,Risk
The Axis Ultra Short Term Fund Pay out (D-W) fund was launched on Sep 10, 2018. The NAV (Net Asset Value) of this ultra short debt as of 2021-03-05 is ₹ 10.0696. The total AUM (Asset Under Management) of the fund as of 2021-03-05 is ₹ 5056.237. The category risk of the Axis Ultra Short Term Fund Pay out (D-W) fund is Very High Risk.
The fund charges 1.19 % as expense ratio.
Axis Ultra Short Term Fund Pay out (D-W) Holdings
The fund’s highest allocation is towards others and has invested 74.3% in this asset class. The top three holdings of the fund are 364 dtb 22042021,364 dtb 30032021 and embassy office parks reit
Axis Ultra Short Term Fund Pay out (D-W) SIP
The minimum SIP (Systematic Investment Plan) amount for this is ₹ 1000 and you can increase this in multiples of ₹ 100. In case you want to invest a lump sum, the minimum amount to be invested is ₹ 5000.
Axis Ultra Short Term Fund Pay out (D-W) Investment volatility and Horizon
This fund is suited for investors looking to invest for 1-4 years. The asset class is less volatile than equity and the fund is likely to provide stable but slow growth. The fund is benchmarked to NIFTY Ultra Short Duration Debt TR INR.
Axis Ultra Short Term Fund Pay out (D-W) Review
Axis Ultra Short Term Fund Pay out (D-W) has a score of 2 on a scale of 5. The fund scores 2 out of 5 based on historical performance. As compared to the other funds in its category, Axis Ultra Short Term Fund Pay out (D-W) has a score of 4 out of 5.
The credit risk of the fund is 3 out of 5 as compared to other debt funds.
