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OmniAsset › Mutual funds › Axis Ultra Short Term Fund

Axis Ultra Short Term Fund

Ultra Short Duration fund benchmarked to NIFTY Ultra Short Duration Debt Index A-I. Every figure below is read from one dated snapshot; what the snapshot cannot prove is left out, never estimated.

Latest NAV2 Sep 202610.0393
CategoryUltra Short Duration
PlanDirect · Idcw
Launched27 Aug 2018
Risk labelthe scheme's own riskometerLow to Moderate
Legal benchmarkSEBI Tier-1NIFTY Ultra Short Duration Debt Index A-I
Expense ratiodirect plan, a year0.36%
AUM₹0.50 Cr
Growth of ₹10,000₹10,0072 Sep 2021 to 2 Sep 2026
₹10,089₹10,060₹10,032₹10,004₹9,976Sep 2021Nov 2022Mar 2024Jun 2025Sep 2026
₹10,007 (+0.0% a year) Axis Ultra Short Term Fund

Performance (trailing, annualised)

1Y annualised-0.08%
3Y annualised-0.03%
5Y annualised0.01%

Point-to-point from the fund's own published NAV; a period the history does not span is left out.

SIP returns

SIP 1Y (₹10,000 a month)invested ₹1,20,000 → worth ₹1,20,0470.07%
SIP 3Y (₹10,000 a month)invested ₹3,60,000 → worth ₹3,59,727-0.05%
SIP 5Y (₹10,000 a month)invested ₹6,00,000 → worth ₹5,99,776-0.01%

₹10,000 on the first of every month, valued at the latest NAV, as an annualised rate (XIRR).

Calendar years

Calendar 2021-0.16%
Calendar 20220.12%
Calendar 20230.04%
Calendar 2024-0.04%
Calendar 2025-0.11%

Rolling returns

Rolling 1Y · average358 windows since 18 Sep 2019-0.03%
Rolling 1Y · median-0.02%
Rolling 1Y · worst window-1.07%
Rolling 1Y · best window0.88%
Rolling 1Y · windows positive45%
Rolling 3Y · average256 windows since 13 Sep 2021-0.00%
Rolling 3Y · median0.00%
Rolling 3Y · worst window-0.27%
Rolling 3Y · best window0.37%
Rolling 3Y · windows positive49%
Rolling 5Y · average153 windows since 14 Sep 2023-0.00%
Rolling 5Y · median-0.01%
Rolling 5Y · worst window-0.10%
Rolling 5Y · best window0.26%
Rolling 5Y · windows positive42%

Every window of that length in the published history, so one lucky start date cannot flatter the fund.

Risk

Volatility (3Y)2.13%
Downside deviation (3Y)2.04%
Maximum drawdown-1.19%

Management

Fund managerMr. Sachin Jain, Mr. Hardik Shah
Managing since2 Sep 2026

Related

Source: the OmniAsset signed reference snapshot, as of 4 Sep 2026. Figures are deterministic; missing data is withheld, never estimated. See methodology and data sources. Not investment advice.

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