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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 202610.0606
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₹61.4 Cr
Growth of ₹10,000₹10,0062 Sep 2021 to 2 Sep 2026
₹10,023₹9,999₹9,976₹9,952₹9,929Sep 2021Nov 2022Mar 2024Jun 2025Sep 2026
₹10,006 (+0.0% a year) Axis Ultra Short Term Fund

Performance (trailing, annualised)

1Y annualised0.09%
3Y annualised0.01%
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 ₹1,20,0700.11%
SIP 3Y (₹10,000 a month)invested ₹3,60,000 → worth ₹3,60,3050.05%
SIP 5Y (₹10,000 a month)invested ₹6,00,000 → worth ₹6,00,4980.03%

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

Calendar years

Calendar 20210.01%
Calendar 20220.06%
Calendar 2023-0.03%
Calendar 2024-0.02%
Calendar 20250.00%

Rolling returns

Rolling 1Y · average358 windows since 18 Sep 2019-0.02%
Rolling 1Y · median0.00%
Rolling 1Y · worst window-0.76%
Rolling 1Y · best window0.84%
Rolling 1Y · windows positive46%
Rolling 3Y · average256 windows since 13 Sep 2021-0.01%
Rolling 3Y · median-0.01%
Rolling 3Y · worst window-0.24%
Rolling 3Y · best window0.30%
Rolling 3Y · windows positive30%
Rolling 5Y · average153 windows since 14 Sep 2023-0.00%
Rolling 5Y · median0.00%
Rolling 5Y · worst window-0.15%
Rolling 5Y · best window0.16%
Rolling 5Y · windows positive12%

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

Risk

Volatility (3Y)0.93%
Downside deviation (3Y)0.82%
Maximum drawdown-0.97%

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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