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Ultra Short Duration📊 NIFTY ULTRA SHORT DURATION DEBT INDEX A-I

Axis Ultra Short Duration Fund · Regular · Growth

Axis Mutual Fund

#19 of 26 (1Y)

NAV

₹15.5420

as of 16 Jun 2026

Expense Ratio

1.20%

AUM

₹5,668 Cr

Viewing Regular · Growth
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Lumpsum returns (CAGR)

1Y
+5.68%
3Y
+6.54%
5Y
+5.70%
Since Inception
+5.84%

SIP returns (XIRR)

1Y
+5.72%
3Y
+6.37%
5Y
+6.24%
Since Inception
+5.83%

SIP since inception — what ₹500/month became

Real NAV backtest from day one

₹46,500

Invested

₹58,286

Value today

5.8%

XIRR (p.a.)

500/month SIP from fund inception · Current value as of today

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1,000 lumpsum at launch — value today

Invested on the fund's first NAV date

₹1,000

Invested

₹1,552

Value today

5.8%

CAGR (p.a.)

One-time investment at fund inception · Growth purely from NAV appreciation

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₹10L corpus with ₹5,000/month withdrawals since inception

Corpus is still growing despite monthly payouts

₹10,00,000

Initial corpus

₹4,65,000

Withdrawn

₹9,68,892

Corpus left

+₹4,33,892 net gain — withdrew ₹4,65,000 AND corpus grew

Plan your SWP with real NAV

₹1 lakh on the worst crash day — 22 Mar 2020

Worst single-day Nifty drop during this fund's life

₹1,00,000

Invested

₹1,40,171

Value today

1.4×

Multiple

Staying invested through that crash turned ₹1L into ₹1,40,171 — a 1.4× return

Read: Staying invested through crashes

Risk Metrics

Trailing 1 year, annualised

0.02

Sharpe Ratio

Alpha

Beta

0.03

Sortino

0.39%

Std Dev

-0.11%

Max Drawdown

Performance Comparison

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Fund Details

Fund HouseAxis Mutual Fund
CategoryUltra Short Duration
BenchmarkNIFTY ULTRA SHORT DURATION DEBT INDEX A-I
Launch Date10 Sept 2018
AMFI Code144759
Transaction facts
Min. Lumpsum₹100
Min. SIP₹10
Exit LoadNil

Available transactions

PurchaseSIPRedeemSWPSwitchSTPDemat

Portfolio holdings

as of 30 Apr 2026
Holding% NAV

Investment Objective

Axis Ultra Short Duration Fund · Regular · Growth by Axis Mutual Fund is a Ultra Short Duration fund that aims to generate optimal returns for investors based on its investment mandate. The fund follows a disciplined investment process aligned with SEBI regulations for the Ultra Short Duration category.

About This Fund

Axis Ultra Short Duration Fund · Regular · Growth is a Ultra Short Duration mutual fund offered by Axis Mutual Fund. The fund has been operational for over 7 years. It manages assets worth ₹5,668 Cr, reflecting investor confidence in the fund's strategy. It benchmarks its performance against NIFTY ULTRA SHORT DURATION DEBT INDEX A-I. The current expense ratio is 1.20%.

Who Should Invest?

  • Investors with a high risk appetite seeking long-term wealth creation
  • Investors with an investment horizon of 5 years or more
  • SIP investors who can benefit from rupee cost averaging during market fluctuations