Axis Ultra Short Term Fund - Regular Plan Monthly Dividend

Category: Debt: Ultra Short Duration
Launch Date: 04-09-2018
Asset Class: Fixed Interest
Benchmark: CRISIL Ultra Short Term Debt Index
Expense Ratio: 1.18% As on (31-10-2019)
Status: Open Ended Schemes
Minimum Investment: 5000.0
Minimum Topup: 100.0
Total Assets: 2,991.04 Cr As on (31-10-2019)
Turn over: - | Exit Load: 0.00% - 0 day

10.0754

5.8%

PERFORMANCE

Returns Type:
of  
Start :  
End : 
Period:  
This Scheme
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vs
S&P BSE Liquid Rate Index
-
Gold
-
PPF
-
Returns Type:
of  
  Period:  

Start :  
Period:  

RETURNS ANALYSIS

Fund Multiplier

Time it would have taken to make your money double (2x), quadruple (4x) and quintuple (5x)

Time Taken To Multiply
2x
4x
5x
10x
FUND
There is no value for 2x
There is no value for 4x
There is no value for 5x
There is no value for 10x
FD
11 years 10 Months
GOLD
8 years 9 Months
NIFTY
5 years 5 Months

 

Investment Objective

The Scheme seeks 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.

Current Asset Allocation (%)

Indicators

Volatility
Sharp Ratio
Alpha
Beta
Yield to Maturity 6.52
Average Maturity 0.43

PEER COMPARISON

Scheme Name Inception
Date
1 Year
Return(%)
2 Year
Return(%)
3 Year
Return(%)
5 Year
Return(%)
10 Year
Return(%)
Axis Ultra Short Term Fund - Regular Plan Monthly Dividend 04-09-2018 5.8 - - - -
PGIM India Ultra Short Term Fund - Growth 03-07-2008 14.49 10.83 9.51 9.22 9.03
PGIM India Ultra Short Term Fund - Regular Plan - Growth 03-07-2008 14.1 9.47 7.87 7.4 7.73
Franklin India Ultra Short Bond Fund - Retail - Growth 01-12-2007 9.38 8.55 8.28 8.65 8.59
Aditya Birla Sun Life Savings Fund - Discipline Advantage Plan 27-11-2001 9.34 8.35 7.88 8.46 36.28
Aditya Birla Sun Life Savings Fund - Growth - Regular Plan 27-11-2001 8.84 7.97 7.64 8.31 8.52
Aditya Birla Sun Life Savings Fund-Retail Growth 27-11-2001 8.84 7.97 7.64 8.31 8.38
ICICI Prudential Ultra Short Term Fund - Growth 10-05-2011 8.75 7.83 7.49 8.37 -
IDFC ULTRA SHORT TERM FUND - REGULAR PLAN - GROWTH 17-07-2018 8.39 - - - -
SBI MAGNUM ULTRA SHORT DURATION FUND - REGULAR PLAN - GROWTH 21-05-1999 8.32 8.01 7.54 7.75 8.02

Scheme Characteristics

Investment in Debt & Money Market instruments such that the Macaulay duration of the portfolio is between 3 months - 6 months.

Riskometer

riskometer

PORTFOLIO

Market Cap Distribution

Others

100.0%

Tax Benefits of investing in this fund

Long term capital gains (LTCG) tax @20% (plus surcharge, if applicable and cess) with indexation if units held for more than 36 months

Short term capital gains (STCG) tax at the income tax slab rate applicable to the investor, if units are held for less than 36 months

Investor does not pay any tax on dividends but a Dividend Distribution Tax (DDT) is deducted at source @29.12% ( 25% + 12% surcharge + 4% Health & education cess) for Individuals and @ 34.944% ( 30% + 12% surcharge + 4% Health & education cess) for any other person **

In case of an investor being NRI, LTCG tax are chargeable @ 10% (plus surcharge, if applicable and cess) without indexation relating to units redeemed from unlisted schemes.

** The DDT is to be paid by the mutual fund

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