Axis Ultra Short Term Fund Datagrid
Category Ultra Short Duration Fund
BMSMONEY Rank 15
Rating
Growth Option 04-12-2025
NAV ₹15.1(R) +0.01% ₹16.07(D) +0.02%
Returns 1Y 3Y 5Y 7Y 10Y
Lumpsum Regular 6.68% 6.74% 5.45% 5.79% -%
Direct 7.55% 7.64% 6.36% 6.72% -%
Benchmark
SIP (XIRR) Regular 6.32% 6.72% 5.5% 5.51% -%
Direct 7.2% 7.6% 6.38% 6.41% -%
Ratio Sharpe Ratio Sortino Ratio Sterling Ratio Jensen's Alpha Treynor Ratio
4.01 6.94 0.68 5.8% 0.15
Risk STD. Dev VaR 1Y95% Max DD Beta Semi Devi.
0.25% 0.0% 0.0% 0.06 0.15%
Fund AUM As on: 30/06/2025 6076 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
Hdfc Ultra Short Term Fund 5

NAV Date: 04-12-2025

Scheme Name NAV Rupee Change Percent Change
Axis Ultra Short Term Fund - Direct Plan - Daily IDCW 10.03
0.0000
0.0000%
Axis Ultra Short Term Fund - Direct Plan - Monthly IDCW 10.04
0.0000
0.0200%
Axis Ultra Short Term Fund - Direct Plan - Weekly IDCW 10.05
0.0000
0.0200%
Axis Ultra Short Term Fund - Regular Plan - Monthly IDCW 10.05
0.0000
0.0100%
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
0.0100%
Axis Ultra Short Term Fund - Regular Plan Growth 15.1
0.0000
0.0100%
Axis Ultra Short Term Fund - Regular Plan - Regular IDCW 15.1
0.0000
0.0100%
Axis Ultra Short Term Fund - Direct Plan Growth 16.07
0.0000
0.0200%
Axis Ultra Short Term Fund - Direct Plan - Regular IDCW 16.08
0.0000
0.0200%

Review Date: 04-12-2025

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 Axis Ultra Short Term Fund has shown a poor past performence in Ultra Short Duration Fund. The fund has a Jensen Alpha of 5.8% which is lower than the category average of 5.9%, showing poor performance. The fund has a Sharpe Ratio of 4.01 which is lower than the category average of 4.33.
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 0.5%, 1.61 and 3.3 in last one, three and six months respectively. In the same period the category average return was 0.5%, 1.56% and 3.19% respectively.
  • Axis Ultra Short Term Fund has given a return of 7.55% in last one year. In the same period the Ultra Short Duration Fund category average return was 7.33%.
  • The fund has given a return of 7.64% 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 7.39%.
  • The fund has given a return of 6.36% 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 6.16%.
  • The fund has given a SIP return of 7.2% in last one year whereas category average SIP return is 6.97%. The fund one year return rank in the category is 4th in 23 funds
  • The fund has SIP return of 7.6% in last three years and ranks 4th in 23 funds. Aditya Birla Sun Life Savings Fund has given the highest SIP return (7.78%) in the category in last three years.
  • The fund has SIP return of 6.38% in last five years whereas category average SIP return is 6.17%.

Axis Ultra Short Term Fund Risk Analysis

  • The fund has a standard deviation of 0.25 and semi deviation of 0.15. The category average standard deviation is 0.25 and semi deviation is 0.15.
  • 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 % 0.44
    0.45
    		0.38 | 0.52 17 | 23 Average
    3M Return % 1.40
    1.43
    		1.21 | 1.62 15 | 23 Average
    6M Return % 2.88
    2.91
    		2.47 | 3.30 14 | 23 Average
    1Y Return % 6.68
    6.77
    		5.48 | 7.59 15 | 23 Average
    3Y Return % 6.74
    6.83
    		5.76 | 7.50 15 | 23 Average
    5Y Return % 5.45
    5.67
    		4.61 | 6.59 15 | 21 Average
    7Y Return % 5.79
    5.79
    		3.62 | 6.69 9 | 15 Average
    1Y SIP Return % 6.32
    6.40
    		5.28 | 7.23 15 | 23 Average
    3Y SIP Return % 6.72
    6.81
    		5.69 | 7.55 15 | 23 Average
    5Y SIP Return % 5.50
    5.67
    		4.59 | 6.26 15 | 21 Average
    7Y SIP Return % 5.51
    5.70
    		4.58 | 6.34 11 | 15 Average
    Standard Deviation 0.25
    0.25
    		0.18 | 0.30 14 | 23 Average
    Semi Deviation 0.15
    0.15
    		0.13 | 0.17 7 | 23 Good
    Sharpe Ratio 4.01
    4.33
    		0.29 | 6.45 15 | 23 Average
    Sterling Ratio 0.68
    0.69
    		0.58 | 0.75 15 | 23 Average
    Sortino Ratio 6.94
    10.43
    		0.12 | 33.89 15 | 23 Average
    Jensen Alpha % 5.80
    5.90
    		4.88 | 6.40 16 | 23 Average
    Treynor Ratio 0.15
    0.17
    		0.01 | 0.24 16 | 23 Average
    Modigliani Square Measure % 20.21
    20.71
    		17.51 | 22.96 16 | 23 Average
    Alpha % -1.55
    -1.40
    		-2.40 | -0.76 15 | 23 Average
    Return data last Updated On : Dec. 4, 2025.
    Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : Oct. 31, 2025
    KPIs: Key Performance Indicators

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    KPIs* Fund Benchmark Cat. Avg Min | Max Rank (In Cat.) Performance
    1M Return % 0.50 0.50 0.46 | 0.54 8 | 23 Good
    3M Return % 1.61 1.56 1.41 | 1.69 4 | 23 Very Good
    6M Return % 3.30 3.19 2.99 | 3.42 5 | 23 Very Good
    1Y Return % 7.55 7.33 6.33 | 7.84 6 | 23 Very Good
    3Y Return % 7.64 7.39 6.47 | 7.73 3 | 23 Very Good
    5Y Return % 6.36 6.16 5.30 | 7.43 5 | 21 Very Good
    7Y Return % 6.72 6.27 4.10 | 7.00 3 | 15 Very Good
    1Y SIP Return % 7.20 6.97 6.24 | 7.48 4 | 23 Very Good
    3Y SIP Return % 7.60 7.38 6.46 | 7.78 4 | 23 Very Good
    5Y SIP Return % 6.38 6.17 5.29 | 6.76 5 | 21 Very Good
    7Y SIP Return % 6.41 6.19 5.22 | 6.81 5 | 15 Good
    Standard Deviation 0.25 0.25 0.18 | 0.30 14 | 23 Average
    Semi Deviation 0.15 0.15 0.13 | 0.17 7 | 23 Good
    Sharpe Ratio 4.01 4.33 0.29 | 6.45 15 | 23 Average
    Sterling Ratio 0.68 0.69 0.58 | 0.75 15 | 23 Average
    Sortino Ratio 6.94 10.43 0.12 | 33.89 15 | 23 Average
    Jensen Alpha % 5.80 5.90 4.88 | 6.40 16 | 23 Average
    Treynor Ratio 0.15 0.17 0.01 | 0.24 16 | 23 Average
    Modigliani Square Measure % 20.21 20.71 17.51 | 22.96 16 | 23 Average
    Alpha % -1.55 -1.40 -2.40 | -0.76 15 | 23 Average
    Return data last Updated On : Dec. 4, 2025.
    Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : Oct. 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
    04-12-2025 15.0983 16.0742
    03-12-2025 15.097 16.0725
    02-12-2025 15.0962 16.0713
    01-12-2025 15.0944 16.069
    28-11-2025 15.0894 16.0626
    27-11-2025 15.0868 16.0594
    26-11-2025 15.0841 16.0562
    25-11-2025 15.081 16.0525
    24-11-2025 15.0779 16.0489
    21-11-2025 15.0719 16.0413
    20-11-2025 15.0703 16.0393
    19-11-2025 15.0694 16.038
    18-11-2025 15.0672 16.0353
    17-11-2025 15.0637 16.0312
    14-11-2025 15.0569 16.0229
    13-11-2025 15.0547 16.0202
    12-11-2025 15.0529 16.018
    11-11-2025 15.0495 16.014
    10-11-2025 15.0464 16.0103
    07-11-2025 15.0394 16.0018
    06-11-2025 15.0371 15.999
    04-11-2025 15.0326 15.9935

    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.