As on 23 Oct 2026
Axis Ultra Short Term Fund
DebtNAV
₹ 17.00
CAGR (3 Years)
7.35%
AUM (Cr)
₹ 4,996.13
Risk
Low to Moderate Risk
About Axis Ultra Short Term Fund
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.
Breakdown of this Fund
Debt Others
84.34%
Derivatives - Index
0.04%
Govt. Securities
2.11%
T Bills
25.74%
Market Capitalization
Expense Ratio, Exit Load and Tax
Expense Ratio
0.28
Exit Load
Nil
Stamp Duty
0.005% (from July 1st, 2020)
Tax Implication
Returns are taxed at 20%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 12.5% on returns of Rs 1.25 lakh+ in a financial year.