Previously Known As : Axis Short Term Fund
Axis Short Duration Fund Datagrid
Category Short Duration Fund
BMSMONEY Rank 3
Rating
Growth Option 24-07-2026
NAV ₹32.87(R) +0.02% ₹36.06(D) +0.02%
Returns 1Y 3Y 5Y 7Y 10Y
Lumpsum Regular 5.31% 7.24% 6.23% 6.72% 6.93%
Direct 5.87% 7.81% 6.85% 7.37% 7.6%
Benchmark
SIP (XIRR) Regular 5.92% 7.08% 6.17% 6.26% 6.62%
Direct 6.47% 7.65% 6.76% 6.87% 7.27%
Ratio Sharpe Ratio Sortino Ratio Sterling Ratio Jensen's Alpha Treynor Ratio
1.17 0.67 0.72 0.1% 0.02
Risk STD. Dev VaR 1Y95% Max DD Beta Semi Devi.
1.3% 0.0% -0.3% 0.75 0.86%
Fund AUM As on: 30/12/2025 12531 Cr
Top Short Duration Fund
Fund Name Rank Rating
ICICI Prudential Short Term Fund 1
HDFC Short Term Debt Fund 2
Axis Short Duration Fund 3
Bandhan Short Duration Fund 4
Nippon India Short Duration Fund 5

NAV Date: 24-07-2026

Scheme Name NAV Rupee Change Percent Change
Axis Short Duration Fund - Retail Plan - Monthly IDCW 10.07
0.0000
0.0200%
Axis Short Duration Fund - Direct Plan - Monthly IDCW 10.07
0.0000
0.0200%
Axis Short Duration Fund - Regular Plan - Monthly IDCW 10.09
0.0000
0.0200%
Axis Short Duration Fund - Retail Plan - Weekly IDCW 10.21
0.0000
0.0200%
Axis Short Duration Fund - Direct Plan - Weekly IDCW 10.23
0.0000
0.0200%
Axis Short Duration Fund - Regular Plan - Weekly IDCW 10.38
0.0000
0.0200%
Axis Short Duration Fund - Regular Plan - Regular IDCW 21.99
0.0000
0.0200%
Axis Short Duration Fund - Direct Plan - Regular IDCW 22.06
0.0000
0.0200%
Axis Short Duration Fund - Retail Plan - Growth Option 32.49
0.0100
0.0200%
Axis Short Duration Fund - Regular Plan - Growth Option 32.87
0.0100
0.0200%
Axis Short Duration Fund - Direct Plan - Growth Option 36.06
0.0100
0.0200%

Review Date: 24-07-2026

Beginning of Analysis

In the Short Duration Fund category, Axis Short Duration Fund is the 4th ranked fund. The category has total 21 funds. The Axis Short Duration Fund has shown an excellent past performence in Short Duration Fund. The fund has a Jensen Alpha of 0.1% which is higher than the category average of -0.19%. Here the fund has shown very good performance in terms of risk adjusted returns. The fund has a Sharpe Ratio of 1.17 which is higher than the category average of 0.87.
The past performance of the fund may or may not be sustained in the future. The review is not investment advice nor is it a recommendation to buy or sell funds. The ranking is based on proprietary methodology developed by bmsmoney. The methodology is based on the past performance of the funds and does not guarantee future performance.
Short Duration Mutual Funds are ideal for conservative investors seeking stable returns with lower interest rate risk. These funds invest in debt and money market instruments with a portfolio duration of 1 to 3 years, making them less sensitive to interest rate changes compared to long-duration funds. While they offer moderate returns with relatively lower risk, they may underperform in a falling interest rate environment. Investors should carefully assess their risk tolerance, investment horizon, and financial goals before investing in these funds. Additionally, choosing funds managed by experienced professionals can help optimize risk-adjusted returns.

Axis Short Duration Fund Return Analysis

  • The fund has given a return of 0.5%, 1.96 and 3.39 in last one, three and six months respectively. In the same period the category average return was 0.49%, 1.92% and 3.17% respectively.
  • Axis Short Duration Fund has given a return of 5.87% in last one year. In the same period the Short Duration Fund category average return was 5.43%.
  • The fund has given a return of 7.81% in last three years and ranked 3.0rd out of twenty one funds in the category. In the same period the Short Duration Fund category average return was 7.54%.
  • The fund has given a return of 6.85% in last five years and ranked 5th out of nineteen funds in the category. In the same period the Short Duration Fund category average return was 6.83%.
  • The fund has given a return of 7.6% in last ten years and ranked 3rd out of sixteen funds in the category. In the same period the category average return was 7.14%.
  • The fund has given a SIP return of 6.47% in last one year whereas category average SIP return is 6.1%. The fund one year return rank in the category is 4th in 21 funds
  • The fund has SIP return of 7.65% in last three years and ranks 2nd in 20 funds. ICICI Prudential Short Term Fund has given the highest SIP return (7.7%) in the category in last three years.
  • The fund has SIP return of 6.76% in last five years whereas category average SIP return is 6.58%.

Axis Short Duration Fund Risk Analysis

  • The fund has a standard deviation of 1.3 and semi deviation of 0.86. The category average standard deviation is 1.32 and semi deviation is 0.86.
  • The fund has a Value at Risk (VaR) of 0.0 and a maximum drawdown of -0.3. The category average VaR is -0.04 and the maximum drawdown is -0.31. The fund has a beta of 0.63 which shows that fund is less volatile than the benchmark.

Standard deviation measures the fund's return volatility and Semi deviation focuses on downside volatility. Value at Risk (VaR) is a measure of the risk of investments. Maximum Drawdown is the maximum loss from a peak to a trough of a portfolio. Beta measures the volatility of the fund compared to the benchmark. A beta of 1 indicates that the fund will move in line with the benchmark. A beta of more than 1 indicates that the fund will be more volatile than the benchmark and vice versa.


  • Very Good Performance in Short Duration Fund Category
  • Good Performance in Short Duration Fund Category
  • Poor Performance in Short Duration Fund Category
  • Very Poor Performance in Short Duration Fund Category

    • Investors beware: Mutual Fund investments are subject to market risks. Please read the scheme related documents carefully.

    Data Source: www.amfiindia.com

    SEBI Categorization


    KPIs* Fund Benchmark Cat. Avg Min | Max Rank (In Cat.) Performance
    1M Return % 0.46
    0.44
    		0.31 | 0.58 8 | 22 Good
    3M Return % 1.83
    1.77
    		1.52 | 2.04 10 | 22 Good
    6M Return % 3.12
    2.87
    		2.52 | 3.44 3 | 22 Very Good
    1Y Return % 5.31
    4.78
    		4.21 | 5.54 2 | 22 Very Good
    3Y Return % 7.24
    6.86
    		6.38 | 7.31 3 | 21 Very Good
    5Y Return % 6.23
    6.11
    		5.11 | 10.25 6 | 19 Good
    7Y Return % 6.72
    6.29
    		4.67 | 7.35 5 | 18 Very Good
    10Y Return % 6.93
    6.43
    		5.30 | 7.16 4 | 16 Very Good
    15Y Return % 7.59
    7.29
    		6.30 | 8.06 3 | 14 Very Good
    1Y SIP Return % 5.92
    5.46
    		4.92 | 6.43 3 | 22 Very Good
    3Y SIP Return % 7.08
    6.61
    		6.06 | 7.08 1 | 21 Very Good
    5Y SIP Return % 6.17
    5.87
    		5.24 | 7.69 4 | 19 Very Good
    7Y SIP Return % 6.26
    6.01
    		5.08 | 8.27 6 | 18 Good
    10Y SIP Return % 6.62
    6.23
    		5.18 | 6.85 4 | 16 Very Good
    15Y SIP Return % 7.02
    6.69
    		6.04 | 7.30 4 | 15 Very Good
    Standard Deviation 1.30
    1.32
    		1.09 | 1.57 10 | 21 Good
    Semi Deviation 0.86
    0.86
    		0.75 | 1.01 9 | 21 Good
    Max Drawdown % -0.30
    -0.31
    		-0.61 | -0.14 11 | 21 Good
    VaR 1 Y % 0.00
    -0.04
    		-0.22 | 0.00 13 | 21 Average
    Average Drawdown % 0.30
    0.22
    		0.09 | 0.41 5 | 21 Very Good
    Sharpe Ratio 1.17
    0.87
    		0.54 | 1.38 3 | 21 Very Good
    Sterling Ratio 0.72
    0.68
    		0.63 | 0.74 3 | 21 Very Good
    Sortino Ratio 0.67
    0.48
    		0.25 | 0.84 3 | 21 Very Good
    Jensen Alpha % 0.10
    -0.19
    		-0.59 | 0.42 4 | 21 Very Good
    Treynor Ratio 0.02
    0.02
    		0.01 | 0.03 3 | 21 Very Good
    Modigliani Square Measure % 1.40
    1.04
    		0.64 | 1.64 3 | 21 Very Good
    Alpha % -0.35
    -0.63
    		-1.19 | -0.15 5 | 21 Very Good
    Return data last Updated On : July 24, 2026.
    Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : June 30, 2026
    KPIs: Key Performance Indicators

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    KPIs* Fund Benchmark Cat. Avg Min | Max Rank (In Cat.) Performance
    1M Return % 0.50 0.49 0.35 | 0.63 10 | 23 Good
    3M Return % 1.96 1.92 1.65 | 2.16 10 | 23 Good
    6M Return % 3.39 3.17 2.77 | 3.69 4 | 23 Very Good
    1Y Return % 5.87 5.43 4.92 | 6.18 3 | 22 Very Good
    3Y Return % 7.81 7.54 7.08 | 7.93 3 | 21 Very Good
    5Y Return % 6.85 6.83 6.05 | 10.78 5 | 19 Very Good
    7Y Return % 7.37 7.02 5.84 | 7.91 5 | 18 Very Good
    10Y Return % 7.60 7.14 5.89 | 7.92 3 | 16 Very Good
    1Y SIP Return % 6.47 6.10 5.47 | 6.95 4 | 21 Very Good
    3Y SIP Return % 7.65 7.29 6.84 | 7.70 2 | 20 Very Good
    5Y SIP Return % 6.76 6.58 5.99 | 8.27 3 | 18 Very Good
    7Y SIP Return % 6.87 6.72 6.07 | 8.82 5 | 17 Very Good
    10Y SIP Return % 7.27 6.91 6.31 | 7.58 3 | 15 Very Good
    Standard Deviation 1.30 1.32 1.09 | 1.57 10 | 21 Good
    Semi Deviation 0.86 0.86 0.75 | 1.01 9 | 21 Good
    Max Drawdown % -0.30 -0.31 -0.61 | -0.14 11 | 21 Good
    VaR 1 Y % 0.00 -0.04 -0.22 | 0.00 13 | 21 Average
    Average Drawdown % 0.30 0.22 0.09 | 0.41 5 | 21 Very Good
    Sharpe Ratio 1.17 0.87 0.54 | 1.38 3 | 21 Very Good
    Sterling Ratio 0.72 0.68 0.63 | 0.74 3 | 21 Very Good
    Sortino Ratio 0.67 0.48 0.25 | 0.84 3 | 21 Very Good
    Jensen Alpha % 0.10 -0.19 -0.59 | 0.42 4 | 21 Very Good
    Treynor Ratio 0.02 0.02 0.01 | 0.03 3 | 21 Very Good
    Modigliani Square Measure % 1.40 1.04 0.64 | 1.64 3 | 21 Very Good
    Alpha % -0.35 -0.63 -1.19 | -0.15 5 | 21 Very Good
    Return data last Updated On : July 24, 2026.
    Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : June 30, 2026
    KPIs: Key Performance Indicators

    Disclaimer: Past performance may or may not be sustained in future and should not be used as a basis for comparison with other investments. Returns for periods above 1 year are annualised.


    Date Axis Short Duration Fund NAV Regular Growth Axis Short Duration Fund NAV Direct Growth
    24-07-2026 32.8727 36.0636
    23-07-2026 32.8674 36.0573
    22-07-2026 32.8703 36.0599
    21-07-2026 32.8898 36.0807
    20-07-2026 32.871 36.0596
    17-07-2026 32.8794 36.0672
    16-07-2026 32.8732 36.06
    15-07-2026 32.8506 36.0346
    14-07-2026 32.8388 36.0212
    13-07-2026 32.9042 36.0923
    10-07-2026 32.8975 36.0835
    09-07-2026 32.8646 36.0468
    08-07-2026 32.8528 36.0334
    07-07-2026 32.9276 36.1149
    06-07-2026 32.938 36.1258
    03-07-2026 32.9166 36.1007
    02-07-2026 32.8997 36.0816
    01-07-2026 32.8653 36.0434
    30-06-2026 32.8551 36.0317
    29-06-2026 32.8183 35.9908
    25-06-2026 32.7698 35.9356
    24-06-2026 32.7237 35.8845

    Fund Launch Date: 19/Jan/2010
    Fund Category: Short Duration Fund
    Investment Objective: To generate stable returns with a low risk strategy while maintaining liquidity through a portfolio comprising of debt and money market instruments. However, there can be no assurance that the investment objective of the scheme will be achieved.
    Fund Description: An Open Ended Short Term Debt Scheme Investing In Instruments Such That The Macaulay Duration Of The Portfolio Is Between 1 Year To 3 Years
    Fund Benchmark: NIFTY Short Duration Debt Index
    Source: Fund FactSheet

    Disclaimer: NO INVESTMENT ADVICE. The Content is for informational purposes only.