Investment Objective - 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 House

Axis Mutual Fund

Return Since Launch

6.74%

Launch Date

Aug 27, 2018

Type

Open Ended

Riskometer

Moderate

Source: Dion Global

Ratio Analysis

Standard Deviation

0.31

Category Avg

Beta

0.94

Category Avg

Source: Dion Global

Performance Analysis

	1W	1M	3M	6M	1Y	3Y	5Y	10Y	SI
Fund Returns (%)	-0.01	0.26	1.45	2.93	6.47	7.37	6.52	NA	6.74
Category Average (%)	0.01	0.25	1.33	2.59	5.69	6.29	5.61	NA	6.21
Rank within Category	216	64	33	20	8	4	11	NA	31

Source: Dion Global

* Returns over 1 year are CAGR

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Peer Comparision

Scheme Name(Growth Direct)	NAV (Rs)	AUM (Rs Cr)	1W(%)	1M(%)	3M(%)	6M(%)	1Y(%)	3Y(%)	5Y(%)	10Y(%)	SI(%)	ER(%)
Aditya Birla Sun Life Savings Fund	589.45	19,985	0.00	0.29	1.38	2.80	6.42	7.45	6.54	7.07	14.17	0.32
kotak Savings Fund	47.40	16,824	0.03	0.32	1.43	2.89	6.32	7.21	6.34	6.77	12.33	0.36
HDFC Ultra Short Term Fund	16.31	16,753	0.00	0.24	1.37	2.72	6.17	7.19	6.31	NA	6.60	0.39
ICICI Prudential Ultra Short Term Fund	31.64	15,929	0.01	0.28	1.43	2.87	6.47	7.36	6.56	7.35	9.00	0.40
SBI Ultra Short Duration Fund	6,407.23	12,553	0.01	0.21	1.36	2.79	6.18	7.12	6.21	6.58	14.88	0.35
Nippon India Ultra Short Duration Fund	4,702.58	11,083	0.02	0.32	1.56	3.10	6.69	7.52	7.53	6.64	12.26	0.39
Axis Ultra Short Duration Fund	16.51	5,916	-0.01	0.26	1.45	2.93	6.47	7.37	6.52	NA	6.74	0.39
Tata Ultra Short Term Fund	15.76	5,713	0.02	0.31	1.64	3.11	6.64	7.42	6.50	NA	6.41	0.28
Bandhan Ultra Short Duration Fund	16.24	4,458	NA	0.25	1.45	2.84	6.21	7.10	6.18	NA	6.38	0.28
DSP Ultra Short Fund	3,909.17	4,167	0.01	0.25	1.56	2.93	6.39	7.35	6.39	6.46	10.72	0.30

View All

Source: Dion Global

May 19, 2026

Return Calculator

₹ One-Time

Over the past

Invested

₹5000

Invested Amount
Estimated Return

Total investment of ₹5000

Would have become ₹5,324 (+6.47%)

Fund Manager

Hardik Satra

Sachin Jain

Mr. Hardik Shah is a MBA (Financial Planning and Services). Mr. Satra has been working as a Fixed Income Analyst for Axis Mutual Fund for more than 9 years.

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Here is the list of funds managed by Hardik Satra

Scheme Name(Growth Direct)	Category	NAV(Rs)	AUM(Rs Cr)	1Y(%)	5Y(%)
Axis Overnight Fund	Debt - Overnight	1,435.47	11,376	5.40	5.61
Axis Ultra Short Duration Fund	Debt - Ultra Short Duration	16.51	5,916	6.47	6.52

Source: Dion Global

May 19, 2026

Top Performing Related Funds

Scheme Name(Growth Direct)	NAV (Rs)	AUM (Rs Cr)	1W(%)	1M(%)	3M(%)	6M(%)	1Y(%)	3Y(%)	5Y(%)	10Y(%)	SI(%)	ER(%)
Axis Liquid Fund	3,094.50	51,643	0.09	0.43	1.64	3.18	6.32	7.02	6.16	6.19	8.80	0.11
Axis Midcap Fund	135.45	32,276	1.48	1.27	2.92	0.50	6.90	19.84	16.62	18.32	21.50	0.48
Axis ELSS Tax Saver Fund	104.28	31,566	0.85	-1.61	-4.34	-6.65	-2.89	12.47	8.79	12.87	19.15	1.19
Axis Large Cap Fund	65.82	30,498	0.94	-2.79	-6.81	-8.42	-4.61	10.29	8.48	13.02	15.12	0.65
Axis Small Cap Fund	123.18	27,364	-0.38	1.82	3.15	-1.27	4.05	17.69	18.42	19.58	22.33	0.65
Axis Money Market Fund	1,524.12	20,121	-0.00	0.18	1.33	2.79	6.25	7.37	6.49	NA	6.41	0.17