Axis Ultra Short Duration Fund Regular-Growth

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

The Axis Ultra Short Duration Fund is a 7 yrs old fund and has delivered average annual returns of 5.84% since inception. Axis Ultra Short Duration Fund Returns 1-Year 3-Year 5-Year Since Inception 6.98% 6.67% 5.38% 5.84%

Previously called: Axis Ultra Short Term Reg-G

NAV as of Sep 03, 2025	Returns since inception	ET Money Rank	AUM (Fund size)
₹14.887+0.01% 1 day change	5.84% p.a.	App exclusive #NA View Ranked Funds	₹6,122 Cr

Historical NAV & returns

NAV: ₹14.887 as on Sep 03, 2025

This fund Category average

Axis Ultra Short Duration Fund overview

Expense ratio	1.2% as on Aug 31, 2025
Plan type	Regular
Exit load	0%
AUM (Fund size)	₹6,122 Cr
Lock-in Period	Nil
Age	7 yrs since Aug 27, 2018
Benchmark	NIFTY Ultra Short Duration Debt Index A-I
Min. investment	This scheme is currently not buyable
Risk	Moderate
Tax on your gains	Profits are added to your income and taxed as per your slab rate

Axis Ultra 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	0.38%	0.4%
3 Months	1.44%	1.48%
6 Months	3.59%	3.62%
1 Year	6.98%	7.09%
2 Years	6.9%	7.01%
3 Years	6.67%	6.79%
4 Years	5.82%	5.99%
5 Years	5.38%	5.52%

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

A1+ 52.21184657%

AAA 17.73767627%

AA+ 11.34347373%

SOV 7.66708217%

Top Debt Holdings

Punjab National Bank 8.18%

HDFC Bank Ltd. 4.88%

REC Ltd. 3.64%

Reserve Bank of India 3.54%

Allocation by Instruments

Bifurcation by Instrument is not available for this fund

Other Holdings

Others 0.04%

Detailed portfolio analysis

Peer comparison

Fund name	ETM Rank	AUM	Fund age	Expense ratio
Axis Ultra Short Duration Fund	N.A.	6,122 Cr	7 yrs	1.2%
ICICI Prudential Ultra Short Term Fund	N.A.	16,269 Cr	14 yrs 4 m	0.8%
Sundaram Ultra Short Duration Fund	N.A.	2,551 Cr	17 yrs 8 m	1.48%
WhiteOak Capital Ultra Short Duration Fund	N.A.	475 Cr	6 yrs 3 m	1.02%
Tata Ultra Short Term Fund	N.A.	4,684 Cr	6 yrs 7 m	1.14%

Fund name	1M	6M	1Y	3Y	5Y	10Y
Axis Ultra Short Duration Fund	0.38%	3.59%	6.98%	6.67%	5.38%	N.A.
ICICI Prudential Ultra Short Term Fund	0.42%	3.84%	7.43%	7.1%	5.93%	6.99%
Sundaram Ultra Short Duration Fund	0.34%	3.27%	6.38%	6.14%	4.75%	5.18%
WhiteOak Capital Ultra Short Duration Fund	0.38%	3.45%	6.83%	6.53%	5.31%	3.23%
Tata Ultra Short Term Fund	0.41%	3.52%	7.0%	6.63%	5.3%	3.66%

Fund name	Std. deviation	Beta	Sharpe	Sortino
Axis Ultra Short Duration Fund	0.29	0.72	0.57	0.83
ICICI Prudential Ultra Short Term Fund	0.3	0.72	1.86	2.82
Sundaram Ultra Short Duration Fund	0.28	0.67	-1.21	-1.89
WhiteOak Capital Ultra Short Duration Fund	0.27	0.65	0.07	0.1
Tata Ultra Short Term Fund	0.27	0.68	0.44	0.59

View all Ultra Short Duration funds

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

Alpha	1.5 vs. 2.72 Underperformed at beating benchmark
Sharpe	0.57 vs. 2.23 Poor risk-adjusted returns
Beta	0.72 vs. 0.98 Less sensitive to market ups & downs
Standard deviation	0.29 vs. 0.23 More volatile performance

Compare Axis Ultra Short Duration Fund in detail with

About this fund

About Axis Ultra Short Duration Fund

Axis Ultra Short Duration Fund Regular-Growth is a Ultra Short Duration mutual fund scheme from Axis Mutual Fund. This fund has been in existence for 7 yrs, having been launched on 27/08/2018. Axis Ultra Short Duration Fund Regular-Growth has ₹6,122 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 Ultra Short Duration Fund Regular-Growth as of 03/09/2025 is ₹14.89. The fund has an expense ratio of 1.2%, which is higher than what most other Ultra Short Duration funds charge.

Axis Ultra Short Duration Fund Regular-Growth returns of last 1-year are 7.00%. Since launch, it has delivered 5.86% average annual returns.
Axis Ultra Short Duration Fund Regular-Growth scheme's ability to deliver returns consistently is higher than most funds of its category. Its ability to control losses in a falling market is high.
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 Punjab National Bank, HDFC Bank Ltd., REC Ltd., Reserve Bank of India, Bank Of Baroda.

...

Fund AUM	6,122 Cr as on Apr 30, 2025
Scheme document	View Scheme Document

Fund managers

Sachin Jain

Mr. Jain is a B.Tech, AGMP (Management) Prior to joining Axis Asset Management Company Ltd., he has worked with Sundaram Mutual Fund, I- Cap, Sunidhi securities and Finance Ltd.

Hardik Shah

Mr. Shah has done B.E. Information Technology and MBA Finance. Prior to joining Axis Mutual Fund, he has worked with Nippon India Mutual Fund, Quantum Asset Management Company and ICAP India (P) Ltd.

Investment objective

The Scheme seeks to generate regular income and capital appreciation by investing in a portfolio of short term debt and money market instruments with relatively lower interest rate risk such that Macaulay duration of the portfolio is between 3 months and 6 months.

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	8.42%	7.73%
Axis Credit Risk Fund	N.A.	363 Cr	8.51%	7.54%
Axis Short Duration Fund	N.A.	9,640 Cr	8.48%	7.42%
Axis Treasury Advantage Fund	N.A.	6,133 Cr	7.87%	7.3%
Axis Dynamic Bond Fund	N.A.	1,337 Cr	6.76%	7.03%
Axis Liquid Fund	N.A.	39,069 Cr	6.94%	7.03%

See all Debt funds from this AMC

Frequently asked questions

What is the current NAV of Axis Ultra Short Duration Fund?

The current Net Asset Value (NAV) of the Axis Ultra Short Duration Fund - Direct Growth plan is approximately ₹14.887 as of Sep 03, 2025.

What are the returns of this mutual fund scheme?

The Axis Ultra Short Duration Fund is a 7 yrs old fund and has delivered average annual returns of 5.84% since inception.

Axis Ultra Short Duration Fund Returns

1-Year	3-Year	5-Year	Since Inception
6.98%	6.67%	5.38%	5.84%

How much does this mutual fund charge as expense ratio?

The Axis Ultra Short Duration Fund - Direct Growth has an expense ratio of 1.2%, 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 Ultra Short Duration Fund currently has assets under management (AUM) or fund size valued at approximately 6,122 Cr as on Apr 30, 2025.

To whom does Axis Ultra Short Duration Fund lend to?

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

Holding Name	Percentage of Portfolio
Punjab National Bank	8.18%
HDFC Bank Ltd.	4.88%
REC Ltd.	3.64%

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 Ultra Short Duration Fund allocation by credit quality is given below

Credit Quality	Percentage of Portfolio
A1+	52.21184657%
AAA	17.73767627%
AA+	11.34347373%

What is risk level of Axis Ultra Short Duration Fund?

This is a Ultra 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 Ultra Short Duration Fund?

Axis Ultra Short Duration Fund Regular-Growth is the regular plan of the fund. For this plan of you pay 1.2% as annual charges. On the other hand if you go for the direct plan available on ET Money, you pay 0.38%. That's 0.82% less.

Regular plans charge more because when you buy them, the fund pays commission to the agent. This is an additional expense for the fund and to cover this expense, the fund takes a bigger share from the returns generated by your investments.

So, the lower annual cost of the direct plan means you will earn 0.82% if you opt for direct plan of Axis Ultra Short Duration Fund

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

Redeeming your investments in Axis Ultra 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 Ultra 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 Ultra Short Duration

#NA

Return Consistency: This fund is one of the best in generating consistent return in it's category.
Exit Load: This fund has no exit load.
Return/Risk: The fund is performing poorly than its category.