Axis Ultra Short Term Fund Datagrid
Category Ultra Short Duration Fund
BMSMONEY Rank 14
Rating
Growth Option 27-01-2026
NAV ₹15.19(R) +0.06% ₹16.19(D) +0.06%
Returns 1Y 3Y 5Y 7Y 10Y
Lumpsum Regular 6.37% 6.65% 5.5% 5.69% -%
Direct 7.24% 7.54% 6.4% 6.61% -%
Benchmark
SIP (XIRR) Regular 5.7% 6.49% 6.16% 5.42% -%
Direct 6.57% 7.37% 7.05% 6.31% -%
Ratio Sharpe Ratio Sortino Ratio Sterling Ratio Jensen's Alpha Treynor Ratio
3.6 5.83 0.67 5.63% 0.12
Risk STD. Dev VaR 1Y95% Max DD Beta Semi Devi.
0.27% 0.0% 0.0% 0.08 0.17%
Fund AUM As on: 30/12/2025 6505 Cr
Top Ultra Short Duration Fund
Fund Name Rank Rating
Aditya Birla Sun Life Savings Fund 1
Mirae Asset Ultra Short Duration Fund 2
Icici Prudential Ultra Short Term Fund 3
Baroda BNP Paribas Ultra Short Duration Fund 4
Sbi Magnum Ultra Short Duration Fund 5

NAV Date: 27-01-2026

Scheme Name NAV Rupee Change Percent Change
Axis Ultra Short Term Fund - Direct Plan - Monthly IDCW 10.01
-0.0400
-0.3700%
Axis Ultra Short Term Fund - Regular Plan - Monthly IDCW 10.02
-0.0300
-0.3100%
Axis Ultra Short Term Fund - Direct Plan - Daily IDCW 10.03
0.0000
0.0000%
Axis Ultra Short Term Fund - Direct Plan - Weekly IDCW 10.05
-0.0100
-0.0500%
Axis Ultra Short Term Fund - Regular Plan - Daily IDCW 10.07
0.0000
0.0000%
Axis Ultra Short Term Fund - Regular Plan - Weekly IDCW 10.07
0.0000
-0.0400%
Axis Ultra Short Term Fund - Regular Plan Growth 15.19
0.0100
0.0600%
Axis Ultra Short Term Fund - Regular Plan - Regular IDCW 15.19
0.0100
0.0600%
Axis Ultra Short Term Fund - Direct Plan Growth 16.19
0.0100
0.0600%
Axis Ultra Short Term Fund - Direct Plan - Regular IDCW 16.19
0.0100
0.0600%

Review Date: 27-01-2026

Beginning of Analysis

In the Ultra Short Duration Fund category, Axis Ultra Short Term Fund is the 16th ranked fund. The category has total 23 funds. The 2 star rating shows a poor past performance of the Axis Ultra Short Term Fund in Ultra Short Duration Fund. The fund has a Jensen Alpha of 5.63% which is lower than the category average of 5.73%, showing poor performance. The fund has a Sharpe Ratio of 3.6 which is lower than the category average of 3.86.
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.
Ultra Short Duration Mutual Funds are ideal for conservative investors seeking stable returns with minimal interest rate risk. These funds invest in debt and money market instruments with a portfolio duration of 3 to 6 months, making them less sensitive to interest rate changes compared to longer-duration funds. While they offer stable 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 Ultra Short Term Fund Return Analysis

  • The fund has given a return of 0.34%, 1.39 and 2.97 in last one, three and six months respectively. In the same period the category average return was 0.32%, 1.34% and 2.86% respectively.
  • Axis Ultra Short Term Fund has given a return of 7.24% in last one year. In the same period the Ultra Short Duration Fund category average return was 7.0%.
  • The fund has given a return of 7.54% in last three years and ranked 3.0rd out of 23 funds in the category. In the same period the Ultra Short Duration Fund category average return was 7.3%.
  • The fund has given a return of 6.4% in last five years and ranked 5th out of 21 funds in the category. In the same period the Ultra Short Duration Fund category average return was 6.22%.
  • The fund has given a SIP return of 6.57% in last one year whereas category average SIP return is 6.33%. The fund one year return rank in the category is 5th in 23 funds
  • The fund has SIP return of 7.37% in last three years and ranks 5th in 23 funds. Nippon India Ultra Short Duration Fund has given the highest SIP return (7.5%) in the category in last three years.
  • The fund has SIP return of 7.05% in last five years whereas category average SIP return is 6.83%.

Axis Ultra Short Term Fund Risk Analysis

  • The fund has a standard deviation of 0.27 and semi deviation of 0.17. The category average standard deviation is 0.27 and semi deviation is 0.18.
  • The fund has a beta of 0.11 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 Ultra Short Duration Fund Category
  • Good Performance in Ultra Short Duration Fund Category
  • Poor Performance in Ultra Short Duration Fund Category
  • Very Poor Performance in Ultra 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 % 0.28
    0.28
    		0.21 | 0.33 16 | 23 Average
    3M Return % 1.18
    1.20
    		1.02 | 1.32 15 | 23 Average
    6M Return % 2.55
    2.57
    		2.19 | 2.80 15 | 23 Average
    1Y Return % 6.37
    6.43
    		5.24 | 7.14 15 | 23 Average
    3Y Return % 6.65
    6.74
    		5.70 | 7.39 15 | 23 Average
    5Y Return % 5.50
    5.72
    		4.66 | 6.63 14 | 21 Average
    7Y Return % 5.69
    5.77
    		4.77 | 6.57 9 | 16 Average
    1Y SIP Return % 5.70
    5.75
    		4.83 | 6.36 14 | 23 Average
    3Y SIP Return % 6.49
    6.58
    		5.51 | 7.25 15 | 23 Average
    5Y SIP Return % 6.16
    6.33
    		5.26 | 6.89 15 | 21 Average
    7Y SIP Return % 5.42
    5.59
    		4.55 | 6.20 11 | 16 Average
    Standard Deviation 0.27
    0.27
    		0.20 | 0.43 13 | 23 Average
    Semi Deviation 0.17
    0.18
    		0.15 | 0.34 9 | 23 Good
    Sharpe Ratio 3.60
    3.86
    		0.26 | 5.88 15 | 23 Average
    Sterling Ratio 0.67
    0.68
    		0.57 | 0.74 14 | 23 Average
    Sortino Ratio 5.83
    10.26
    		0.11 | 39.06 14 | 23 Average
    Jensen Alpha % 5.63
    5.73
    		4.77 | 6.24 16 | 23 Average
    Treynor Ratio 0.12
    0.13
    		0.01 | 0.20 17 | 23 Average
    Modigliani Square Measure % 18.71
    19.25
    		16.45 | 21.45 17 | 23 Average
    Alpha % -1.54
    -1.40
    		-2.37 | -0.75 16 | 23 Average
    Return data last Updated On : Jan. 27, 2026.
    Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : Dec. 31, 2025
    KPIs: Key Performance Indicators

    Rotate the phone! Best viewed in landscape mode on mobile.
    KPIs* Fund Benchmark Cat. Avg Min | Max Rank (In Cat.) Performance
    1M Return % 0.34 0.32 0.26 | 0.38 8 | 23 Good
    3M Return % 1.39 1.34 1.23 | 1.46 3 | 23 Very Good
    6M Return % 2.97 2.86 2.64 | 3.07 4 | 23 Very Good
    1Y Return % 7.24 7.00 6.13 | 7.39 4 | 23 Very Good
    3Y Return % 7.54 7.30 6.43 | 7.65 3 | 23 Very Good
    5Y Return % 6.40 6.22 5.35 | 7.46 5 | 21 Very Good
    7Y Return % 6.61 6.27 5.27 | 6.88 3 | 16 Very Good
    1Y SIP Return % 6.57 6.33 5.77 | 6.74 5 | 23 Very Good
    3Y SIP Return % 7.37 7.14 6.29 | 7.50 5 | 23 Very Good
    5Y SIP Return % 7.05 6.83 5.98 | 7.37 5 | 21 Very Good
    7Y SIP Return % 6.31 6.10 5.19 | 6.72 5 | 16 Good
    Standard Deviation 0.27 0.27 0.20 | 0.43 13 | 23 Average
    Semi Deviation 0.17 0.18 0.15 | 0.34 9 | 23 Good
    Sharpe Ratio 3.60 3.86 0.26 | 5.88 15 | 23 Average
    Sterling Ratio 0.67 0.68 0.57 | 0.74 14 | 23 Average
    Sortino Ratio 5.83 10.26 0.11 | 39.06 14 | 23 Average
    Jensen Alpha % 5.63 5.73 4.77 | 6.24 16 | 23 Average
    Treynor Ratio 0.12 0.13 0.01 | 0.20 17 | 23 Average
    Modigliani Square Measure % 18.71 19.25 16.45 | 21.45 17 | 23 Average
    Alpha % -1.54 -1.40 -2.37 | -0.75 16 | 23 Average
    Return data last Updated On : Jan. 27, 2026.
    Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : Dec. 31, 2025
    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 Ultra Short Term Fund NAV Regular Growth Axis Ultra Short Term Fund NAV Direct Growth
    27-01-2026 15.1902 16.1917
    23-01-2026 15.1818 16.1812
    22-01-2026 15.1802 16.1792
    21-01-2026 15.1744 16.1727
    20-01-2026 15.1735 16.1713
    19-01-2026 15.1749 16.1724
    16-01-2026 15.1724 16.1687
    14-01-2026 15.1713 16.1668
    13-01-2026 15.1719 16.1671
    12-01-2026 15.1739 16.1688
    09-01-2026 15.1667 16.1601
    08-01-2026 15.1655 16.1584
    07-01-2026 15.1663 16.1589
    06-01-2026 15.1676 16.16
    05-01-2026 15.166 16.1578
    02-01-2026 15.1606 16.151
    01-01-2026 15.1583 16.1482
    31-12-2025 15.1554 16.1448
    30-12-2025 15.1474 16.1359
    29-12-2025 15.1482 16.1364

    Fund Launch Date: 27/Aug/2018
    Fund Category: Ultra Short Duration Fund
    Investment Objective: The investment objective of the Scheme is 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.
    Fund Description: An open ended ultra-short term debt scheme investing in instruments such that the Macaulay duration of the portfolio is between 3 months and 6 months
    Fund Benchmark: CRISIL Ultra Short Term Debt Index
    Source: Fund FactSheet

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