Axis Ultra Short Duration Fund
Monthly portfolio · 24 months through May-2026
compared to Apr-2026 · as on May 31, 2026
Holdings
77
Scheme AUM
₹6,168 cr
New
11
Exited
12
Increased
2
Reduced
5
| Change | Security | Industry / Rating | Quantity | Δ Qty | % to NAV | Δ % | Market value |
|---|---|---|---|---|---|---|---|
| New | Bank of Baroda (04/12/2026) INE028A16KO1 | IND A1+ | 5,000 | — | 3.90% | — | ₹241 cr |
| — | 7.77% REC Limited (30/09/2026) ** INE020B08EP3 | CRISIL AAA | 21,000 | — | 3.40% | -0.16pp | ₹210 cr |
| New | Adani Ports and Special Economic Zone Limited (18/08/2026) ** INE742F14RH0 | CRISIL A1+ | 4,000 | — | 3.19% | — | ₹197 cr |
| — | National Bank For Agriculture and Rural Development (14/01/2027) ** INE261F16AD1 | IND A1+ | 4,000 | — | 3.09% | -0.13pp | ₹191 cr |
| — | Small Industries Dev Bank of India (28/01/2027) ** INE556F16BW2 | CARE A1+ | 4,000 | — | 3.08% | -0.13pp | ₹190 cr |
| — | Canara Bank (12/02/2027) ** INE476A16H01 | CRISIL A1+ | 4,000 | — | 3.07% | -0.13pp | ₹190 cr |
| Increased | HDFC Bank Limited (21/09/2026) INE040A16HR5 | CRISIL A1+ | 3,500 | +2,500 | 2.77% | +1.95pp | ₹171 cr |
| New | Punjab National Bank (15/09/2026) INE160A16UT0 | CARE A1+ | 3,000 | — | 2.38% | — | ₹147 cr |
| Reduced | The Federal Bank Limited (15/09/2026) ** INE171A16NQ8 | CRISIL A1+ | 3,000 | -2,000 | 2.38% | -1.74pp | ₹147 cr |
| — | HDFC Bank Limited (13/11/2026) INE040A16HW5 | CARE A1+ | 3,000 | — | 2.35% | -0.09pp | ₹145 cr |
| — | Punjab National Bank (15/12/2026) ** INE160A16TZ9 | CRISIL A1+ | 3,000 | — | 2.33% | -0.10pp | ₹144 cr |
| — | IDBI Bank Limited (11/03/2027) ** INE008A168A9 | CRISIL A1+ | 3,000 | — | 2.29% | -0.09pp | ₹141 cr |
| Reduced | 7.50% National Bank For Agriculture and Rural Development (31/08/2026) ** INE261F08EA6 | CRISIL AAA | 14,000 | -6,000 | 2.27% | -1.11pp | ₹140 cr |
| Increased | 8.05% Muthoot Finance Limited (25/11/2027) ** INE414G07JQ6 | CRISIL AA+ | 12,500 | +2,500 | 2.01% | +0.33pp | ₹124 cr |
| — | HDFC Bank Limited (11/09/2026) INE040A16HN4 | CARE A1+ | 2,500 | — | 1.98% | -0.08pp | ₹122 cr |
| New | JTPM Metal Traders Limited (29/09/2028) (ZCB) ** INE02PE08036 | CRISIL AA | 10,000 | — | 1.70% | — | ₹105 cr |
| — | 9% Piramal Finance Limited (28/06/2027) ** INE202B07JT0 | CARE AA+ | 10,000 | — | 1.62% | -0.08pp | ₹100 cr |
| — | 8.15% Godrej Properties Limited (03/07/2026) ** INE484J08048 | ICRA AA+ | 10,000 | — | 1.62% | -0.07pp | ₹99.94 cr |
| — | 8.50% Aadhar Housing Finance Limited (17/08/2026) ** INE883F07314 | ICRA AA | 10,000 | — | 1.62% | -0.07pp | ₹99.93 cr |
| — | 8.25% Narayana Hrudayalaya Limited (19/03/2029) ** INE410P08016 | ICRA AA | 10,000 | — | 1.61% | -0.08pp | ₹99.33 cr |
| — | 91 Days Tbill (MD 16/07/2026) IN002026X024 | Sovereign | 1,00,00,000 | — | 1.61% | -0.06pp | ₹99.34 cr |
| — | 7.45% Torrent Pharmaceuticals Limited (19/01/2028) ** INE685A07132 | ICRA AA+ | 10,000 | — | 1.60% | -0.08pp | ₹98.82 cr |
| — | Bank of Baroda (11/01/2027) INE028A16KZ7 | CARE A1+ | 2,000 | — | 1.55% | -0.06pp | ₹95.45 cr |
| — | Bank of Baroda (25/01/2027) INE028A16LD2 | CARE A1+ | 2,000 | — | 1.54% | -0.07pp | ₹95.15 cr |
| — | Bank of Baroda (27/01/2027) ** INE028A16LC4 | CARE A1+ | 2,000 | — | 1.54% | -0.06pp | ₹95.12 cr |
| New | Punjab National Bank (05/02/2027) INE160A16UE2 | CRISIL A1+ | 2,000 | — | 1.54% | — | ₹94.95 cr |
| — | Small Industries Dev Bank of India (04/02/2027) ** INE556F16BY8 | CARE A1+ | 2,000 | — | 1.54% | -0.06pp | ₹94.88 cr |
| — | IndusInd Bank Limited (27/01/2027) ** INE095A169C7 | CRISIL A1+ | 2,000 | — | 1.54% | -0.06pp | ₹94.84 cr |
| Reduced | 7.38% Cholamandalam Investment and Finance Company Ltd (28/05/2027) ** INE121A07SN8 | ICRA AA+ | 9,500 | -500 | 1.53% | -0.15pp | ₹94.17 cr |
| — | 8.36% Godrej Industries Limited (28/08/2026) ** INE233A08121 | CRISIL AA+ | 7,500 | — | 1.22% | -0.05pp | ₹74.96 cr |
| — | 7.70% REC Limited (31/08/2026) ** INE020B08FC8 | ICRA AAA | 7,500 | — | 1.21% | -0.06pp | ₹74.91 cr |
| — | 7.69% LIC Housing Finance Limited (11/12/2026) ** INE115A07RA9 | CRISIL AAA | 7,500 | — | 1.21% | -0.06pp | ₹74.8 cr |
| New | Canara Bank (15/09/2026) ** INE476A16I18 | ICRA A1+ | 1,500 | — | 1.19% | — | ₹73.4 cr |
| — | Panatone Finvest Limited (11/01/2027) ** INE116F14240 | CRISIL A1+ | 1,500 | — | 1.16% | -0.04pp | ₹71.31 cr |
| — | 9.75% Nuvama Wealth Finance Limited (17/01/2028) ** INE918K07PU7 | CARE AA | 5,500 | — | 0.89% | -0.04pp | ₹54.84 cr |
| New | 360 One Prime Limited (25/07/2028) (FRN) ** INE248U07GJ0 | ICRA AA | 5,000 | — | 0.81% | — | ₹50 cr |
| New | 9% Nuvama Wealth Finance Limited (22/07/2027) ** INE918K07PZ6 | CARE AA | 5,000 | — | 0.81% | — | ₹49.95 cr |
| — | 7.97% Mankind Pharma Limited (16/11/2027) ** INE634S07033 | CRISIL AA+ | 5,000 | — | 0.81% | -0.04pp | ₹49.95 cr |
| — | 9.25% SK Finance Limited (24/10/2027) ** INE124N07762 | ICRA AA- | 5,000 | — | 0.81% | -0.03pp | ₹49.86 cr |
| — | 8.75% 360 One Prime Limited (10/09/2027) ** INE248U07GA9 | ICRA AA | 5,000 | — | 0.81% | -0.03pp | ₹49.76 cr |
| — | 7.58% Poonawalla Fincorp Limited (08/09/2028) INE511C07938 | CRISIL AAA | 5,000 | — | 0.81% | -0.03pp | ₹49.72 cr |
| — | 7.55% Poonawalla Fincorp Limited (25/03/2027) ** INE511C07946 | CRISIL AAA | 5,000 | — | 0.81% | -0.03pp | ₹49.67 cr |
| — | National Bank For Agriculture and Rural Development (18/09/2026) ** INE261F16AB5 | CRISIL A1+ | 1,000 | — | 0.79% | -0.03pp | ₹48.9 cr |
| — | Bank of Baroda (15/12/2026) ** INE028A16KW4 | IND A1+ | 1,000 | — | 0.78% | -0.03pp | ₹48.01 cr |
| — | Small Industries Dev Bank of India (18/02/2027) ** INE556F16CB4 | CARE A1+ | 1,000 | — | 0.77% | -0.03pp | ₹47.3 cr |
| — | Liquid Gold Series (20/01/2028) ** INE2JYU15015 | CRISIL AAA(SO) | 90 | — | 0.65% | -0.10pp | ₹40.14 cr |
| — | Sansar Trust (25/04/2031) ** INE1WMT15017 | CRISIL AAA(SO) | 50,00,00,000 | — | 0.63% | -0.07pp | ₹38.66 cr |
| — | 8.30% Godrej Properties Limited (19/03/2027) ** INE484J08055 | ICRA AA+ | 3,500 | — | 0.57% | -0.02pp | ₹34.97 cr |
| — | National Bank For Agriculture and Rural Development (28/01/2027) ** INE261F16AH2 | ICRA A1+ | 700 | — | 0.54% | -0.02pp | ₹33.28 cr |
| — | Liquid Gold Series (20/10/2027) ** INE29DX15014 | CRISIL AAA(SO) | 1,157 | — | 0.51% | -0.10pp | ₹31.37 cr |
| — | 8.8% 360 One Prime Limited (22/06/2028) ** INE248U07GG6 | ICRA AA | 3,000 | — | 0.48% | -0.03pp | ₹29.75 cr |
| — | 9.10% Shriram Finance Limited (18/03/2027) ** INE721A07RZ1 | CRISIL AAA | 2,500 | — | 0.41% | -0.02pp | ₹25.13 cr |
| New | 8.40% Godrej Properties Limited (25/01/2028) INE484J08089 | ICRA AA+ | 2,500 | — | 0.41% | — | ₹25.03 cr |
| — | 8.75% Godrej Finance Limited (18/01/2027) ** INE02KN07022 | CRISIL AA+ | 2,500 | — | 0.41% | -0.01pp | ₹25.01 cr |
| — | 8.52% Muthoot Finance Limited (07/04/2028) INE414G07JN3 | CRISIL AA+ | 2,500 | — | 0.40% | -0.02pp | ₹24.94 cr |
| — | 6.8% Embassy Office Parks REIT (07/09/2026) ** INE041007068 | CRISIL AAA | 250 | — | 0.40% | -0.02pp | ₹24.91 cr |
| — | 8.95% Phoenix Arc Limited (23/03/2028) ** INE163K07147 | CRISIL AA | 2,500 | — | 0.40% | -0.02pp | ₹24.78 cr |
| — | 8.95% Phoenix Arc Limited (22/12/2028) ** INE163K07162 | CRISIL AA | 2,500 | — | 0.40% | -0.02pp | ₹24.69 cr |
| — | 7.27% Tata Capital Housing Finance Limited (25/04/2028) ** INE033L07IN3 | CRISIL AAA | 2,500 | — | 0.40% | -0.02pp | ₹24.68 cr |
| New | Small Industries Dev Bank of India (13/10/2026) ** INE556F16BL5 | CARE A1+ | 500 | — | 0.39% | — | ₹24.3 cr |
| — | Small Industries Dev Bank of India (04/12/2026) ** INE556F16BS0 | CARE A1+ | 500 | — | 0.39% | -0.02pp | ₹24.03 cr |
| — | Small Industries Dev Bank of India (14/01/2027) ** INE556F16BV4 | CRISIL A1+ | 500 | — | 0.39% | -0.01pp | ₹23.82 cr |
| Reduced | Canara Bank (02/02/2027) INE476A16G44 | CRISIL A1+ | 500 | -1,000 | 0.39% | -0.81pp | ₹23.76 cr |
| — | Bank of India (17/02/2027) ** INE084A16FT3 | CRISIL A1+ | 500 | — | 0.38% | -0.02pp | ₹23.66 cr |
| — | 8.32% Torrent Power Limited (28/02/2027) ** INE813H07382 | CRISIL AA+ | 1,900 | — | 0.31% | -0.01pp | ₹18.96 cr |
| — | SBI - Corporate Debt Market Development Fund (CDMDF) - Class A2 INF0RQ622028 | — | 15,087 | — | 0.29% | -0.01pp | ₹17.79 cr |
| — | Sansar Trust (25/06/2030) ** INE0YWN15017 | CRISIL AAA(SO) | 50,00,00,000 | — | 0.17% | -0.03pp | ₹10.18 cr |
| New | 8.95% 360 One Prime Limited (04/06/2027) ** INE248U07FW5 | ICRA AA | 1,000 | — | 0.16% | — | ₹9.99 cr |
| — | India Universal Trust (21/11/2026) ** INE1CBK15011 | CRISIL AAA(SO) | 85 | — | 0.16% | -0.07pp | ₹9.7 cr |
| — | 364 Days Tbill (MD 23/07/2026) IN002025Z179 | Sovereign | 10,00,000 | — | 0.16% | -0.01pp | ₹9.92 cr |
| — | 7.64% Uttar Pradesh State Development Loans (29/03/2027) IN3320160358 | Sovereign | 5,00,000 | — | 0.08% | -0.01pp | ₹5.05 cr |
| — | 7.62% Tamilnadu State Development Loans (09/08/2026) IN3120160087 | Sovereign | 5,00,000 | — | 0.08% | — | ₹5.02 cr |
| — | 9.4% IndoStar Capital Finance Limited (18/06/2027) ** INE896L07AL4 | CARE AA- | 500 | — | 0.08% | — | ₹5 cr |
| — | 7.27% Sundaram Home Finance Limited (24/05/2027) ** INE667F07JA5 | ICRA AAA | 500 | — | 0.08% | — | ₹4.96 cr |
| Reduced | Kotak Mahindra Bank Limited (31/08/2026) ** INE237AD6075 | CRISIL A1+ | 100 | -3,200 | 0.08% | -2.65pp | ₹4.91 cr |
| — | 7.88% Muthoot Finance Limited (22/11/2028) ** INE414G07JS2 | CRISIL AA+ | 100 | — | 0.02% | — | ₹0.98 cr |
| — | India Universal Trust (20/09/2026) ** INE16J715019 | IND AAA(SO) | 100 | — | 0.01% | -0.08pp | ₹0.43 cr |
| Exited | 8.30% Godrej Industries Limited (12/06/2026) ** INE233A08071 | CRISIL AA+ | — | -6,000 | — | -1.02pp | — |
| Exited | 9.95% IndoStar Capital Finance Limited (27/05/2026) ** INE896L07AI0 | CARE AA- | — | -5,500 | — | -0.93pp | — |
| Exited | 7.75% Mindspace Business Parks REIT (30/06/2026) ** INE0CCU07082 | CRISIL AAA | — | -5,000 | — | -0.85pp | — |
| Exited | 7.58% National Bank For Agriculture and Rural Development (31/07/2026) INE261F08DX0 | CRISIL AAA | — | -5,000 | — | -0.85pp | — |
| Exited | 6.50% Tata Capital Housing Finance Limited (15/06/2026) ** INE033L07HF1 | CRISIL AAA | — | -500 | — | -0.84pp | — |
| Exited | 9.2% Shriram Finance Limited (22/05/2026) ** INE721A07SB0 | CRISIL AAA | — | -2,500 | — | -0.42pp | — |
| Exited | 7.7954% Reliance Life Sciences Private Limited (08/05/2026) ** # INE11LM07023 | CARE AAA | — | -250 | — | -0.42pp | — |
| Exited | Bank of Baroda (10/09/2026) ** INE028A16LO9 | CARE A1+ | — | -2,500 | — | -2.06pp | — |
| Exited | IDFC First Bank Limited (27/07/2026) ** INE092T16ZJ5 | CRISIL A1+ | — | -2,000 | — | -1.66pp | — |
| Exited | National Bank For Agriculture and Rural Development (17/02/2027) INE261F16AK6 | IND A1+ | — | -1,000 | — | -0.80pp | — |
| Exited | Punjab National Bank (04/03/2027) INE160A16UM5 | CARE A1+ | — | -1,000 | — | -0.80pp | — |
| Exited | The Federal Bank Limited (08/06/2026) ** INE171A16NG9 | CRISIL A1+ | — | -400 | — | -0.34pp | — |
Cash & other
| Interest Rate Swaps Pay Fix Receive Floating -NOMURA (05/11/2026) (FV 17500 Lacs) | 0.00% | ₹0.25 cr |
| Interest Rate Swaps Pay Fix Receive Floating -ICISECPD (03/11/2026) (FV 10000 Lacs) | 0.00% | ₹0.12 cr |
| Interest Rate Swaps Pay Fix Receive Floating -BARC (05/09/2026) (FV 20000 Lacs) | 0.00% | ₹0.12 cr |
| Interest Rate Swaps Pay Fix Receive Floating -BARC (12/09/2026) (FV 15000 Lacs) | 0.00% | ₹0.12 cr |
| Interest Rate Swaps Pay Fix Receive Floating -ICISECPD (17/10/2026) (FV 15000 Lacs) | 0.00% | ₹0.1 cr |
| Interest Rate Swaps Pay Fix Receive Floating -DBS (21/10/2026) (FV 12500 Lacs) | 0.00% | ₹0.09 cr |
| Interest Rate Swaps Pay Fix Receive Floating -HSBC BANK (10/10/2026) (FV 15000 Lacs) | 0.00% | ₹0.07 cr |
| Interest Rate Swaps Pay Fix Receive Floating -HSBC BANK (29/07/2026) (FV 25000 Lacs) | 0.00% | ₹0.03 cr |
| Interest Rate Swaps Pay Fix Receive Floating -IDFC BANK (29/07/2026) (FV 25000 Lacs) | 0.00% | ₹0.03 cr |
| Interest Rate Swaps Pay Floating Receive Fix -BARC (29/05/2028) (FV 5000 Lacs) | 0.00% | ₹0.01 cr |
| Interest Rate Swaps Pay Fix Receive Floating -IDFC BANK (08/10/2026) (FV 10000 Lacs) | 0.00% | ₹-0.03 cr |
| Interest Rate Swaps Pay Fix Receive Floating -ICISECPD (08/10/2026) (FV 10000 Lacs) | 0.00% | ₹-0.03 cr |
| Interest Rate Swaps Pay Fix Receive Floating -NOMURA (21/02/2027) (FV 7500 Lacs) | 0.00% | ₹-0.07 cr |
| Interest Rate Swaps Pay Fix Receive Floating -DBS (21/02/2027) (FV 20000 Lacs) | 0.00% | ₹-0.21 cr |
| Clearing Corporation of India Ltd | 11.37% | ₹701 cr |
| Net Receivables / (Payables) | 0.87% | ₹53.47 cr |