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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 202615.7685
CategoryUltra Short Duration
PlanRegular · Growth
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 year1.26%
AUM₹2,397 Cr
Growth of ₹10,000₹13,2872 Sep 2021 to 2 Sep 2026
₹13,287₹12,465₹11,643₹10,821₹10,000Sep 2021Nov 2022Mar 2024Jun 2025Sep 2026
₹13,287 (+5.8% a year) Axis Ultra Short Term Fund

Performance (trailing, annualised)

1Y annualised5.94%
3Y annualised6.58%
5Y annualised5.85%

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 ₹1,23,9966.21%
SIP 3Y (₹10,000 a month)invested ₹3,60,000 → worth ₹3,96,8666.43%
SIP 5Y (₹10,000 a month)invested ₹6,00,000 → worth ₹7,04,6186.36%

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

Calendar years

Calendar 20213.17%
Calendar 20224.16%
Calendar 20236.53%
Calendar 20247.03%
Calendar 20256.60%

Rolling returns

Rolling 1Y · average358 windows since 18 Sep 20195.69%
Rolling 1Y · median6.17%
Rolling 1Y · worst window2.92%
Rolling 1Y · best window8.20%
Rolling 1Y · windows positive100%
Rolling 3Y · average256 windows since 13 Sep 20215.40%
Rolling 3Y · median5.29%
Rolling 3Y · worst window4.14%
Rolling 3Y · best window6.78%
Rolling 3Y · windows positive100%
Rolling 5Y · average153 windows since 14 Sep 20235.39%
Rolling 5Y · median5.36%
Rolling 5Y · worst window5.18%
Rolling 5Y · best window5.83%
Rolling 5Y · windows positive100%

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

Risk

Volatility (3Y)0.36%
Downside deviation (3Y)0.08%
Maximum drawdown-0.11%

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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