Axis Short Duration Fund Direct-Growth

Q: What are the returns of Axis Short Duration Fund?

The Axis Short Duration Fund is a 12 yrs 8 m old fund and has delivered average annual returns of 8.22% since inception. Axis Short Duration Fund Returns 1-Year 3-Year 5-Year 10-Year Since Inception 9.06% 8.03% 6.68% 7.91% 8.22%

Previously called: Axis Short Term Direct-G

NAV as of Sep 03, 2025	Returns since inception	ET Money Rank	AUM (Fund size)
₹34.1333+0.04% 1 day change	8.22% p.a.	App exclusive #NA View Ranked Funds	₹9,640 Cr

Historical NAV & returns

NAV: ₹34.1333 as on Sep 03, 2025

This fund Category average

Axis Short Duration Fund overview

Expense ratio	0.38% as on Aug 31, 2025
Exit load	0%
AUM (Fund size)	₹9,640 Cr
Lock-in Period	Nil
Age	12 yrs 8 m since Jan 01, 2013
Benchmark	NIFTY SD Debt Index A-II
Min. investment	SIP: ₹1000 & Lumpsum: ₹5000
Risk	Moderate
Tax on your gains	Profits are added to your income and taxed as per your slab rate

Axis Short Duration Fund Returns calculator

Investment type

Monthly investment

₹ 10,000

Investment period

Lumpsum investment

₹1 lakh

Investment period

Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments are subject to market risk, read all scheme related documents carefully. Past performance is not an indicator of future returns.

Total investment ₹ 12 lakh
Profit ₹12 lakhs
Total corpus ₹1 lakh
Absolute return 52.69%

Trailing returns as on Sep 04, 2025

Period	This fund	Category average
1 Month	0.02%	-0.09%
3 Months	1.06%	0.83%
6 Months	4.98%	4.59%
1 Year	9.06%	8.57%
2 Years	8.59%	8.3%
3 Years	8.03%	7.9%
4 Years	6.91%	7.01%
5 Years	6.68%	6.74%
7 Years	7.88%	7.27%
10 Years	7.91%	7.46%

Asset allocationas on Apr 30, 2025

Large Cap 0%

Mid Cap 0%

Small Cap 0%

Other Cap 0%

Top holdings

Bifurcation by Holding is not available for this fund

Top sectors

Bifurcation by Sector is not available for this fund

AAA 50.73007644%

SOV 24.21925953%

AA+ 13.16352704%

A1+ 8.38980242%

Top Debt Holdings

National Bank For Agriculture & Rural Development 5.71%

IndiGrid Infrastructure Trust 3.93%

REC Ltd. 3.52%

Small Industries Devp. Bank of India Ltd. 3.32%

Allocation by Instruments

Debenture 33.08383101%

GOI Securities 22.323811849999995%

Bonds 15.51245377%

Non Convertible Debenture 9.70571995%

Other Holdings

Others 0.26%

Detailed portfolio analysis

Peer comparison

Fund name	ETM Rank	AUM	Fund age	Expense ratio
Axis Short Duration Fund	N.A.	9,640 Cr	12 yrs 8 m	0.38%
ICICI Prudential Short Term Fund	N.A.	21,284 Cr	12 yrs 8 m	0.45%
UTI Short Duration Fund	N.A.	2,822 Cr	12 yrs 8 m	0.36%
Sundaram Short Duration Fund	N.A.	214 Cr	12 yrs 8 m	0.3%
Baroda BNP Paribas Short Duration Fund	N.A.	199 Cr	12 yrs 8 m	0.44%
Aditya Birla Sun Life Short Term Fund	N.A.	8,343 Cr	12 yrs 8 m	0.36%

Fund name	1M	6M	1Y	3Y	5Y	10Y
Axis Short Duration Fund	0.02%	4.98%	9.06%	8.03%	6.68%	7.91%
ICICI Prudential Short Term Fund	0.05%	4.83%	8.75%	8.3%	7.11%	8.29%
UTI Short Duration Fund	-0.03%	4.51%	8.3%	7.88%	7.51%	6.88%
Sundaram Short Duration Fund	-0.07%	4.46%	8.62%	7.86%	7.71%	7.01%
Baroda BNP Paribas Short Duration Fund	-0.11%	4.72%	8.7%	8.0%	6.46%	7.73%
Aditya Birla Sun Life Short Term Fund	-0.08%	4.68%	8.72%	8.01%	6.99%	8.09%

Fund name	Std. deviation	Beta	Sharpe	Sortino
Axis Short Duration Fund	1.02	2.57	1.43	2.78
ICICI Prudential Short Term Fund	0.79	1.76	2.16	3.8
UTI Short Duration Fund	0.92	2.31	1.4	2.6
Sundaram Short Duration Fund	1.04	2.53	1.21	2.2
Baroda BNP Paribas Short Duration Fund	1.07	2.72	1.33	2.55
Aditya Birla Sun Life Short Term Fund	1.0	2.43	1.42	2.36

View all Short Duration funds

Key risk & return ratios Compared to other funds in the category

Alpha	6.21 vs. 4.26 Higher outperformance against benchmark
Sharpe	1.43 vs. 4.31 Poor risk-adjusted returns
Beta	2.57 vs. 1.98 More sensitive to market's ups & downs
Standard deviation	1.02 vs. 1.05 More stable returns

Compare Axis Short Duration Fund in detail with

About this fund

About Axis Short Duration Fund

Axis Short Duration Fund Direct-Growth is a Short Duration mutual fund scheme from Axis Mutual Fund. This fund has been in existence for 12 yrs 8 m, having been launched on 01/01/2013. Axis Short Duration Fund Direct-Growth has ₹9,640 Crores worth of assets under management (AUM) as on 30/04/2025 and is medium-sized fund of its category. The latest Net Asset Value (NAV) of Axis Short Duration Fund Direct-Growth as of 03/09/2025 is ₹34.13. The fund has an expense ratio of 0.38%, which is close to what most other Short Duration funds charge.

Axis Short Duration Fund Direct-Growth returns of last 1-year are 9.10%. Since launch, it has delivered 8.23% average annual returns. The fund has doubled the money invested in it every 10 yrs.
Axis Short Duration Fund Direct-Growth scheme's ability to deliver returns consistently is in-line with most funds of its category. Its ability to control losses in a falling market is above average.
The fund's credit profile is high indicating it has lent to borrowers whose quality is great. Most funds in this category lend to better borrowers and hence the risk of default in this fund is higher than the category.
The fund's top holdings are in National Bank For Agriculture & Rural Development, IndiGrid Infrastructure Trust, REC Ltd., Small Industries Devp. Bank of India Ltd., Bharti Telecom Ltd..

...

Fund AUM	9,640 Cr as on Apr 30, 2025
Scheme document	View Scheme Document

Fund managers

Aditya Pagaria

Mr. Pagaria is a Bachelor in Management Studies and holds a Post Graduate Diploma in Business Management from Institute Of Technology And Management, SK Somaiya College. Prior to joining Axis AMC he was associated with ICICI Prudential AMC (Nov 2011-Jul 2016) as Fund Manager - Fixed Income Operations.

Devang Shah

Mr. Shah is B.Com and ACA. Prior to joining Axis AMC he has worked with ICICI Prudential AMC, Deutsche Asset Management (India) Pvt. Ltd. and Pricewaterhouse Coopers.

Investment objective

The fund seeks to generate reasonable return commensurate with low risk and high degree of liquidity from a portfolio of money market and high quality debt securities.

Axis Mutual Fund details

No. of schemes	68 view all schemes
Total AUM	3,37,399 Cr as on Jun 30, 2025
Address	23rd Floor, One Lodha Place, S. B. Road, Lower Parel. Mumbai, 400013
Phone	022-24255161

More funds from Axis Mutual Fund

Fund name	ETM Rank	AUM	1Y	3Y
Axis Strategic Bond Fund	N.A.	1,930 Cr	9.09%	8.45%
Axis Credit Risk Fund	N.A.	363 Cr	9.34%	8.39%
Axis Corporate Bond Fund	N.A.	6,773 Cr	8.98%	8.09%
Axis Floater Fund	N.A.	181 Cr	7.55%	8.0%
Axis Income Plus Arbitrage Active FoF	N.A.	383 Cr	8.12%	7.88%

See all Debt funds from this AMC

Frequently asked questions

What is the current NAV of Axis Short Duration Fund?

The current Net Asset Value (NAV) of the Axis Short Duration Fund - Direct Growth plan is approximately ₹34.1333 as of Sep 03, 2025.

What are the returns of this mutual fund scheme?

The Axis Short Duration Fund is a 12 yrs 8 m old fund and has delivered average annual returns of 8.22% since inception.

Axis Short Duration Fund Returns

1-Year	3-Year	5-Year	10-Year	Since Inception
9.06%	8.03%	6.68%	7.91%	8.22%

How much does this mutual fund charge as expense ratio?

The Axis Short Duration Fund - Direct Growth has an expense ratio of 0.38%, which reflects the fund's management and operating costs. This percentage is subtracted from the fund's annual returns, impacting net returns for investors.

What is the AUM or fund size of this mutual fund?

The Axis Short Duration Fund currently has assets under management (AUM) or fund size valued at approximately 9,640 Cr as on Apr 30, 2025.

To whom does Axis Short Duration Fund lend to?

The top 3 debt holdings of Axis Short Duration Fund are as follows

Holding Name	Percentage of Portfolio
National Bank For Agriculture & Rural Development	5.71%
IndiGrid Infrastructure Trust	3.93%
REC Ltd.	3.52%

What is the quality of borrowers this mutual fund scheme lends to?

The credit rating of the instruments in which the fund invests represents the quality of the borrower.

The Axis Short Duration Fund allocation by credit quality is given below

Credit Quality	Percentage of Portfolio
AAA	50.73007644%
SOV	24.21925953%
AA+	13.16352704%

What is risk level of Axis Short Duration Fund?

This is a Short Duration fund comes with Moderate risk.

Is there any lock-in period in this mutual fund?

No, this fund does not have any lock-in period.

How do I invest in Axis Short Duration Fund?

It is very fast, easy, and completely paperless in this mutual fund scheme on ET Money. It is just a matter of a few minutes. Here's how:

For the Desktop Version:

Click on the "Invest Now" button at the top right, then scan the QR code to download the app.

For the Mobile Version:

Click on the "Invest on App" button at the bottom to download the app.
Once the app is downloaded:
Sign-up and complete your one time KYC process, or log in if you're already registered.
Search for Axis Short Duration Fund and choose the investment mode (Lump sum investment or a SIP). Then, enter your investment amount.
Fill in additional required details, including the bank account you'll use for payment, and confirm.

All set! Your investment in Axis Short Duration Fund is complete.

How can I redeem my investments in Axis Short Duration Fund?

Redeeming your investments in Axis Short Duration Fund is super easy. If you have invested in this fund via ET Money, just login into the app, go to the investment section and put the redemption request.

If you have invested in Axis Short Duration Fund from anywhere else, you can go to the fund house website and put a request through it.

ET Money rank

App exclusive

in Short Duration

#NA

Return Consistency: This fund is one of the best in generating consistent return in it's category.
Return Outperformance: This fund has generated highest return amongst Short Duration funds in the last 10 Years.
Exit Load: This fund has no exit load.
Volatility Protection: This fund ranks lower in terms of protecting against volatility within its category.
Return/Risk: The fund is performing poorly than its category.