Axis Ultra Short Duration Fund Direct-Growth
Debt: Ultra Short Duration - Growth (Open ended) Factsheet
SEBI Riskometer -ModerateCategory -Debt: Ultra Short DurationBenchmark -NIFTY Ultra Short Duration Debt Index A-I
NAV: ₹16.71+0.05%
02 Jul 2026
Holdings Analysis
Equity, debt and cash allocation snapshot with market cap distribution for Axis Ultra Short Duration Fund Direct-Growth.
Historical Asset Allocation
| Asset | 31 May 2026 | 30 Apr 2026 | 31 Mar 2026 | 28 Feb 2026 | 31 Jan 2026 | 31 Dec 2025 |
|---|---|---|---|---|---|---|
| Equity | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Debt | 99.13% | 99.94% | 102.33% | 102.30% | 96.58% | 116.61% |
| Others (incl. cash) | 0.87% | 0.06% | -2.33% | -2.30% | 3.42% | -16.61% |
| Commodities | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Real Estate | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Portfolio Snapshot
No. of Securities
78
Top Holding %
11.37%
Top 5 Holdings %
24.95%
Top 10 Holdings %
38.64%
Modified Duration
0.44 yrs
Avg. Maturity
0.49 yrs
Yield to Maturity
7.68%
AUM
₹6,168 Cr
Expense Ratio
0.40%
Since Inception
6.79%
Max Drawdown
-0.01%
Sharpe Ratio
3.44
Top Portfolio Holdings by Weight
Latest portfolio holdings sorted by allocation weight. Includes instrument name, sector, number of shares, market value (₹ Cr) and percentage of net assets. Switch dates or categories using the controls below.
| Instrument | Sector | No. of Shares | Value (Rs. Cr) | Weight | Change |
|---|---|---|---|---|---|
| Others | Others | 0 | 701.41 | 11.37% | 0.81%↑ |
| Bank Of Baroda | Financial | 5,000 | 240.56 | 3.90% | - |
| REC Ltd. | Financial | 21,000 | 209.71 | 3.40% | -0.16%↓ |
| Adani Ports and Special Economic Zone Ltd. | Services | 4,000 | 196.81 | 3.19% | - |
| National Bank For Agriculture & Rural Development | Financial | 4,000 | 190.69 | 3.09% | -0.12%↓ |
| Small Industries Devp. Bank of India Ltd. | Financial | 4,000 | 190.03 | 3.08% | -0.13%↓ |
| Canara Bank | Financial | 4,000 | 189.64 | 3.07% | -0.12%↓ |
| HDFC Bank Ltd. | Financial | 3,500 | 170.99 | 2.77% | 1.95%↑ |
| Punjab National Bank | Financial | 3,000 | 146.81 | 2.38% | - |
| The Federal Bank Ltd. | Financial | 3,000 | 146.76 | 2.38% | -1.74%↓ |
| HDFC Bank Ltd. | Financial | 3,000 | 144.95 | 2.35% | -0.09%↓ |
| Punjab National Bank | Financial | 3,000 | 144.02 | 2.33% | -0.09%↓ |
| IDBI Bank Ltd. | Financial | 3,000 | 141.15 | 2.29% | -0.09%↓ |
| National Bank For Agriculture & Rural Development | Financial | 14,000 | 139.8 | 2.27% | -1.12%↓ |
| Muthoot Finance Ltd. | Financial | 12,500 | 123.92 | 2.01% | 0.33%↑ |
| HDFC Bank Ltd. | Financial | 2,500 | 122.4 | 1.98% | -0.08%↓ |
| JTPM Metal Traders Ltd. | Metals & Mining | 10,000 | 105.06 | 1.70% | - |
| Piramal Finance Pvt. Ltd. | Financial | 10,000 | 100.09 | 1.62% | -0.08%↓ |
| Godrej Properties Ltd. | Construction | 10,000 | 99.94 | 1.62% | -0.07%↓ |
| Aadhar Housing Finance Ltd | Financial | 10,000 | 99.93 | 1.62% | -0.07%↓ |
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Debt Holdings — Credit Quality Profile
Allocation of debt instruments by credit rating (AAA, AA, A, and below investment grade) as a percentage of net assets, compared against the category average. Higher AAA allocation indicates lower credit risk.
| Rating | Fund | Category |
|---|---|---|
| A1+ | 49.32% | 50.91% |
| AAA | 13.11% | 25.03% |
| AA+ | 12.51% | 4.31% |
| Cash & Call Money | 12.24% | 7.57% |
| AA | 9.70% | 3.38% |
| SOV | 1.93% | 6.56% |
| AA- | 0.89% | 0.51% |
| Others | 0.29% | 0.25% |
| Cash | - | 0.00% |
| D | - | 1.47% |
Debt Insights
A detailed look at the debt holdings of this scheme — Is the scheme yielding enough? Includes credit quality, instrument breakdown and SEBI risk classification.
SEBI PRC matrix
Credit risk
| Interest risk | |||
|---|---|---|---|
| Low | Moderate | High | |
| Low | |||
| Moderate | |||
| High | |||
Instruments
| Full name | Description | Coupon rate | Maturity | Rating raw | Weight |
|---|---|---|---|---|---|
| Others | CBLO | 0.00% | 0 | - | 11.37% |
| Bank Of Baroda | Certificate of Deposit | 0.00% | 04/12/2026 | IND A1+ | 3.90% |
| REC Ltd. | Debenture | 7.77% | 30/09/2026 | CRISIL AAA | 3.40% |
| Adani Ports and Special Economic Zone Ltd. | Commercial Paper | 0.00% | 91-D 18/08/2026 | CRISIL A1+ | 3.19% |
| National Bank For Agriculture & Rural Development | Certificate of Deposit | 0.00% | 14/01/2027 | IND A1+ | 3.09% |
| Small Industries Devp. Bank of India Ltd. | Certificate of Deposit | 0.00% | 28/01/2027 | CARE A1+ | 3.08% |
| Canara Bank | Certificate of Deposit | 0.00% | 12/02/2027 | CRISIL A1+ | 3.07% |
| HDFC Bank Ltd. | Certificate of Deposit | 0.00% | 21/09/2026 | CRISIL A1+ | 2.77% |
| The Federal Bank Ltd. | Certificate of Deposit | 0.00% | 15/09/2026 | CRISIL A1+ | 2.38% |
| Punjab National Bank | Certificate of Deposit | 0.00% | 15/09/2026 | CARE A1+ | 2.38% |
| HDFC Bank Ltd. | Certificate of Deposit | 0.00% | 13/11/2026 | CARE A1+ | 2.35% |
| Punjab National Bank | Certificate of Deposit | 0.00% | 15/12/2026 | CRISIL A1+ | 2.33% |
| IDBI Bank Ltd. | Certificate of Deposit | 0.00% | 0 | CRISIL A1+ | 2.29% |
| National Bank For Agriculture & Rural Development | Floating Rate Bond | 7.50% | 0 | CRISIL AAA | 2.27% |
| Muthoot Finance Ltd. | Debenture | 8.05% | 25/11/2027 | CRISIL AA+ | 2.01% |
| HDFC Bank Ltd. | Certificate of Deposit | 0.00% | 11/09/2026 | CARE A1+ | 1.98% |
| JTPM Metal Traders Ltd. | Debenture | 0.00% | 30/04/2030 | CRISIL AA | 1.70% |
| Piramal Finance Pvt. Ltd. | Non Convertible Debenture | 0.00% | 28/06/2027 | CARE AA+ | 1.62% |
| Aadhar Housing Finance Ltd | Non Convertible Debenture | 8.50% | 17/08/2026 | ICRA AA | 1.62% |
| Godrej Properties Ltd. | Non Convertible Debenture | 8.15% | 03/07/2026 | ICRA AA+ | 1.62% |
| Reserve Bank of India | Treasury Bills | 0.00% | 91-D 16/07/2026 | SOV | 1.61% |
| Narayana Hrudayalaya Ltd. | Non Convertible Debenture | 8.25% | 19/03/2029 | ICRA AA | 1.61% |
| Torrent Pharmaceuticals Ltd. | Debenture | 7.45% | 19/01/2028 | ICRA AA+ | 1.60% |
| Bank Of Baroda | Certificate of Deposit | 0.00% | 11/01/2027 | CARE A1+ | 1.55% |
| Bank Of Baroda | Certificate of Deposit | 0.00% | 25/01/2027 | CARE A1+ | 1.54% |
| Punjab National Bank | Certificate of Deposit | 0.00% | 05/02/2027 | CRISIL A1+ | 1.54% |
| Bank Of Baroda | Certificate of Deposit | 0.00% | 27/01/2027 | CARE A1+ | 1.54% |
| Small Industries Devp. Bank of India Ltd. | Certificate of Deposit | 0.00% | 04/02/2027 | CARE A1+ | 1.54% |
| Indusind Bank Ltd. | Certificate of Deposit | 0.00% | 27/01/2027 | CRISIL A1+ | 1.54% |
| Cholamandalam Investment and Finance Company Ltd. | Debenture | 7.38% | 28/05/2027 | ICRA AA+ | 1.53% |
| Godrej Industries Ltd. | Debenture | 8.36% | 28/08/2026 | CRISIL AA+ | 1.22% |
| REC Ltd. | Debenture | 7.70% | 31/08/2026 | ICRA AAA | 1.21% |
| LIC Housing Finance Ltd. | Non Convertible Debenture | 7.69% | 11/12/2026 | CRISIL AAA | 1.21% |
| Canara Bank | Certificate of Deposit | 0.00% | 15/09/2026 | ICRA A1+ | 1.19% |
| Panatone Finvest Ltd | Commercial Paper | 0.00% | 364-D 11/01/2027 | CRISIL A1+ | 1.16% |
| Nuvama Wealth Finance Ltd. | Debenture | 9.75% | 17/01/2028 | CARE AA | 0.89% |
| Poonawalla Fincorp Ltd. | Non Convertible Debenture | 7.58% | 08/09/2028 | CRISIL AAA | 0.81% |
| Poonawalla Fincorp Ltd. | Debenture | 7.55% | 25/03/2027 | CRISIL AAA | 0.81% |
| SK Finance Ltd. | Non Convertible Debenture | 9.25% | 24/10/2027 | ICRA AA- | 0.81% |
| Mankind Pharma Ltd. | Bonds/Debentures | 7.97% | 16/11/2027 | CRISIL AA+ | 0.81% |
| Nuvama Wealth Finance Ltd. | Non Convertible Debenture | 0.00% | 22/07/2027 | CARE AA | 0.81% |
| 360 ONE Wealth Ltd. | Debenture | 0.00% | 25/07/2028 | ICRA AA | 0.81% |
| 360 ONE Wealth Ltd. | Debenture | 8.75% | 10/09/2027 | ICRA AA | 0.81% |
| National Bank For Agriculture & Rural Development | Certificate of Deposit | 0.00% | 18/09/2026 | CRISIL A1+ | 0.79% |
| Bank Of Baroda | Certificate of Deposit | 0.00% | 15/12/2026 | IND A1+ | 0.78% |
| Small Industries Devp. Bank of India Ltd. | Certificate of Deposit | 0.00% | 18/02/2027 | CARE A1+ | 0.77% |
| Liquid Gold Series 14 | Structured Obligation | 0.00% | 20/07/2027 | CRISIL AAA(SO) | 0.65% |
| Sansar Trust | Securitised Debt | 0.00% | 25/10/2028 | CRISIL AAA(SO) | 0.63% |
| Godrej Properties Ltd. | Debenture | 8.30% | 19/03/2027 | ICRA AA+ | 0.57% |
| National Bank For Agriculture & Rural Development | Certificate of Deposit | 0.00% | 28/01/2027 | ICRA A1+ | 0.54% |
| Liquid Gold Series 13 | Securitised Debt | 0.00% | 20/10/2027 | CRISIL AAA(SO) | 0.51% |
| 360 ONE Wealth Ltd. | Non Convertible Debenture | 8.80% | 22/06/2028 | ICRA AA | 0.48% |
| Shriram Finance Ltd | Bonds | 9.10% | 18/03/2027 | CRISIL AAA | 0.41% |
| Godrej Finance Ltd. | Debenture | 8.75% | 18/01/2027 | CRISIL AA+ | 0.41% |
| Godrej Properties Ltd. | Debenture | 8.40% | 25/01/2028 | ICRA AA+ | 0.41% |
| Tata Capital Housing Finance Ltd. | Debenture | 7.27% | 25/04/2028 | CRISIL AAA | 0.40% |
| Embassy Office Parks REIT | Non Convertible Debenture | 6.80% | 07/09/2026 | CRISIL AAA | 0.40% |
| Phoenix ARC Pvt Ltd. | Debenture | 8.95% | 23/03/2028 | CRISIL AA | 0.40% |
| Phoenix ARC Pvt Ltd. | Debenture | 8.95% | 22/12/2028 | CRISIL AA | 0.40% |
| Muthoot Finance Ltd. | Debenture | 8.52% | 07/04/2028 | CRISIL AA+ | 0.40% |
| Small Industries Devp. Bank of India Ltd. | Certificate of Deposit | 0.00% | 14/01/2027 | CRISIL A1+ | 0.39% |
| Small Industries Devp. Bank of India Ltd. | Certificate of Deposit | 0.00% | 13/10/2026 | CARE A1+ | 0.39% |
| Small Industries Devp. Bank of India Ltd. | Certificate of Deposit | 0.00% | 04/12/2026 | CARE A1+ | 0.39% |
| Canara Bank | Certificate of Deposit | 0.00% | 02/02/2027 | CRISIL A1+ | 0.39% |
| Bank of India | Certificate of Deposit | 0.00% | 17/02/2027 | CRISIL A1+ | 0.38% |
| Torrent Power Ltd. | Debenture | 8.32% | 28/02/2027 | CRISIL AA+ | 0.31% |
| Sansar Trust | Securitised Debt | 0.00% | 25/06/2030 | CRISIL AAA(SO) | 0.17% |
| Reserve Bank of India | Treasury Bills | 0.00% | 364-D 23/07/2026 | SOV | 0.16% |
| India Universal Trust AL1 | Securitised Debt | 0.00% | 0 | CRISIL AAA(SO) | 0.16% |
| 360 ONE Wealth Ltd. | Non Convertible Debenture | 8.95% | 04/06/2027 | ICRA AA | 0.16% |
| Kotak Mahindra Bank Ltd. | Certificate of Deposit | 0.00% | 31/08/2026 | CRISIL A1+ | 0.08% |
| Uttar Pradesh State | State Development Loan | 7.64% | 29/03/2027 | SOV | 0.08% |
| INDOSTAR-12.25%-23-5-16-A-PVT | Debenture | 9.40% | 18/06/2027 | CARE AA- | 0.08% |
| Sundaram Home Finance Ltd. | Debenture | 7.27% | 24/05/2027 | ICRA AAA | 0.08% |
| Tamilnadu State | State Development Loan | 7.62% | 09/08/2026 | SOV | 0.08% |
| Muthoot Finance Ltd. | Non Convertible Debenture | 7.88% | 22/11/2028 | CRISIL AA+ | 0.02% |
| India Universal Trust AL1 | Securitised Debt | 0.00% | 20/09/2026 | IND AAA(SO) | 0.01% |
| Barclays Bank | Interest Rate Swap | 0.00% | 05/09/2026 | - | 0.00% |
| ICICI Securities Primary Dealership Ltd. | Interest Rate Swap | 0.00% | 17/10/2026 | - | 0.00% |
| ICICI Securities Primary Dealership Ltd. | Interest Rate Swap | 0.00% | 08/10/2026 | - | 0.00% |
| Hongkong & Shanghai Banking Corpn. Ltd. | Interest Rate Swap | 0.00% | 10/10/2026 | - | 0.00% |
| ICICI Securities Primary Dealership Ltd. | Interest Rate Swap | 0.00% | 03/11/2026 | - | 0.00% |
| IDFC First Bank Ltd. | Interest Rate Swap | 0.00% | 29/07/2026 | - | 0.00% |
| Hongkong & Shanghai Banking Corpn. Ltd. | Interest Rate Swap | 0.00% | 29/07/2026 | - | 0.00% |
| IDFC First Bank Ltd. | Interest Rate Swap | 0.00% | 08/10/2026 | - | 0.00% |
| Nomura Fixed Income Securities Pvt. Ltd. | Interest Rate Swap | 0.00% | 21/02/2027 | - | 0.00% |
| DBS Bank India Ltd. | Interest Rate Swap | 0.00% | 21/02/2027 | - | 0.00% |
| DBS Bank India Ltd. | Interest Rate Swap | 0.00% | 21/10/2026 | - | 0.00% |
| Nomura Fixed Income Securities Pvt. Ltd. | Interest Rate Swap | 0.00% | 05/11/2026 | - | 0.00% |
| Barclays Bank | Interest Rate Swap | 0.00% | 12/09/2026 | - | 0.00% |
| Barclays Bank | Interest Rate Swap | 0.00% | 29/05/2028 | - | 0.00% |
Frequently Asked Questions
What are the top holdings of Axis Ultra Short Duration Fund Direct-Growth?
The top holdings of Axis Ultra Short Duration Fund Direct-Growth sorted by portfolio weight are listed in the Top Portfolio Holdings section of the Holdings tab.
How many stocks does Axis Ultra Short Duration Fund Direct-Growth hold in its portfolio?
Axis Ultra Short Duration Fund Direct-Growth holds 78 securities in its portfolio. The top 5 holdings account for 24.95% of the portfolio and the top 10 for 38.64%.
What is the sector allocation of Axis Ultra Short Duration Fund Direct-Growth?
The sector allocation of Axis Ultra Short Duration Fund Direct-Growth is in the Sector Allocation section, showing each industry's weight in the portfolio.
What is the equity and debt allocation of Axis Ultra Short Duration Fund Direct-Growth?
As of 31 May 2026, Axis Ultra Short Duration Fund Direct-Growth has 0.00% in equity, 99.13% in debt and 0.87% in cash/others. This asset mix determines the fund's overall risk-return profile. The debt portfolio has a yield to maturity (YTM) of 7.68%.
What is the market cap allocation of Axis Ultra Short Duration Fund Direct-Growth?
The market cap distribution of Axis Ultra Short Duration Fund Direct-Growth — Large, Mid and Small Cap — is shown as a chart in the Holdings Analysis section.
Is Axis Ultra Short Duration Fund Direct-Growth a concentrated or diversified fund?
Axis Ultra Short Duration Fund Direct-Growth holds 78 securities, with the top 10 accounting for 38.64% of the portfolio and the top 5 for 24.95%. This is a moderately diversified fund balancing conviction positions with risk spread.
What is the credit quality of Axis Ultra Short Duration Fund Direct-Growth?
The debt holdings of Axis Ultra Short Duration Fund Direct-Growth are rated as follows — A1+: 49.32%, AAA: 13.11%, AA+: 12.51%, Cash & Call Money: 12.24%, and others. Higher allocation to AAA and sovereign instruments means lower credit risk. The full rating profile compared to the category average is in the Credit Rating section.
How often does Axis Ultra Short Duration Fund Direct-Growth change its portfolio?
The portfolio currently holds 78 securities with the top 10 accounting for 38.64% as of 31 May 2026. Portfolio turnover reflects how actively the fund manager trades. A high turnover increases transaction costs while a low turnover reflects a buy-and-hold approach. Historical asset allocation snapshots across multiple dates are in the Holdings Analysis section.
What is the PE ratio of Axis Ultra Short Duration Fund Direct-Growth's portfolio?
The portfolio-level PE, PB and debt metrics of Axis Ultra Short Duration Fund Direct-Growth are in the Holdings Analysis section. These help assess whether the portfolio is invested in relatively cheap or expensive securities.
When is the latest portfolio disclosure for Axis Ultra Short Duration Fund Direct-Growth?
The latest portfolio disclosure for Axis Ultra Short Duration Fund Direct-Growth is as of 31 May 2026. Mutual funds and ETFs in India are required to disclose their full portfolio monthly, within 10 business days of month-end. You can switch between historical disclosure dates using the date selector in the Top Portfolio Holdings section.