Should I invest in Axis Short Duration Fund?

We don't give personal investment advice. Axis Short Duration Fund - Direct Plan - Growth Option is suitable for an investor whose:time horizon matches the fund's modified duration — short-duration funds for 1-3 year goals, long-duration for 7+ yearsprimary goal is capital preservation or steady accrual, not high growthtax slab is moderate — high-slab investors should evaluate post-tax yield against tax-free alternatives (PPF, tax-free bonds)Cross-check the numbers above against alternatives before deciding. Worst 5-year drawdown: 0.8%. 5-year CAGR: 6.62%.

Axis

Axis Short Duration Fund - Direct Plan - Growth Option

Latest NAV

₹35.4416

As of

3 Jun 2026

3,244 NAV records on file

NAV history & peer comparison

All NAVs split-adjusted and normalised to 100 at the start of the selected period, so funds with very different absolute NAV scales can be compared on one axis.

Period

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Returns matrix

Fund return alongside the category average and peer rank for every standard window. Returns under one year are absolute; one year and longer are compound annualised (CAGR).

Window	Fund	Category avg	+/− vs avg	Rank	Quartile
1D	+0.06%	+0.04%	+0.02	9 / 27	Q2
1W	+0.25%	-0.70%	+0.95	7 / 29	Q1
2W	+0.36%	+2.94%	-2.58	9 / 28	Q2
1M	+0.18%	+3.47%	-3.29	12 / 28	Q2
3M	+0.69%	+3.91%	-3.22	8 / 28	Q2
6M	+1.84%	+5.05%	-3.21	6 / 27	Q1
YTD	+1.58%	+4.94%	-3.36	7 / 27	Q2
1Y	+5.03%	+7.52%	-2.49	3 / 27	Q1
2Y	+7.58%	+9.69%	-2.11	3 / 25	Q1
3Y	+7.47%	+8.64%	-1.17	3 / 25	Q1
4Y	+7.47%	+8.45%	-0.98	5 / 23	Q1
5Y	+6.62%	+7.72%	-1.09	6 / 21	Q2
7Y	+7.51%	+7.60%	-0.09	4 / 20	Q1
10Y	+7.60%	+7.77%	-0.17	4 / 17	Q1
Inception	+8.06%	+7.44%	+0.61	4 / 27	Q1

Quartile legend: Q1 top 25% Q2 25-50% Q3 50-75% Q4 bottom 25%

Calendar-year returns

Full-year performance vs category average. Current year is partial (year-to-date).

Year	Fund	Category avg	+/− vs avg	Rank
2026 YTD	+1.58%	+1.37%	+0.21	5 / 24
2025	+8.62%	+15.76%	-7.14	2 / 24
2024	+8.54%	+8.00%	+0.54	3 / 24
2023	+7.44%	+3.00%	+4.44	9 / 25
2022	+4.39%	+4.91%	-0.53	5 / 22
2021	+4.14%	+4.77%	-0.63	8 / 19
2020	+10.82%	+8.81%	+2.01	5 / 20
2019	+10.46%	+6.89%	+3.57	3 / 19
2018	+6.97%	+6.62%	+0.35	7 / 18
2017	+6.42%	+6.64%	-0.23	10 / 18
2016	+10.35%	+10.25%	+0.11	8 / 18

Rolling returns

Removes start-date bias by averaging CAGR over every overlapping N-year window in the fund's history. Higher average plus tight min/max plus high "% positive" = consistent.

1-Year rolling

+8.22%

152 windows

min 3.4% · max 12.2%

100% positive

3-Year rolling

+8.04%

127 windows

min 5.2% · max 10.6%

100% positive

5-Year rolling

+7.94%

103 windows

min 6.6% · max 9.2%

100% positive

7-Year rolling

+8.08%

79 windows

min 7.2% · max 9.6%

100% positive

SIP returns — historical "what if"

If you had invested every month in this fund over the chosen period, this is what your investment would be worth today.

Period

Total invested

₹ —

Today's value

₹ —

XIRR

Annualised

Wealth multiplier

Period	Total invested	Today's value	XIRR	Wealth multiplier

XIRR is the annualised internal rate of return on the SIP cash flow — invariant to the monthly amount. "Today's value" and "Total invested" scale linearly with the slider. Past performance does not guarantee future returns. Excludes exit load and taxes.

Risk profile

Risk-adjusted return and volatility, computed from monthly NAV returns over the trailing 3-year and 5-year windows.

Std deviation

1.20%

3-year · annualised

Sharpe ratio

0.61

vs risk-free 6.5%

Sortino ratio

—

Downside-only deviation

Max drawdown

-0.53%

May 2026 → May 2026

% positive months

97.2%

Share of monthly returns > 0 over the 3-year window

Sharpe / Sortino use a risk-free rate of 6.5% (1-year T-bill proxy). Higher Sharpe = more return per unit of total risk; higher Sortino = more return per unit of downside risk.

Peers in Short Duration Fund

Scheme	Fund house	NAV	As of
HDFC Short Term Debt Fund - Growth Option - Direct Plan	HDFC	₹34.6078	3 Jun 2026
Nippon India Short Duration Fund - Direct Plan Growth Plan - Growth Option	Nippon India	₹60.1021	3 Jun 2026
SBI SHORT TERM DEBT FUND - DIRECT PLAN -GROWTH	SBI	₹35.6616	3 Jun 2026
ICICI Prudential Short Term Fund - Direct Plan - Growth Option	ICICI Prudential	₹69.0732	3 Jun 2026
Invesco India Short Duration Fund - Direct Plan - Growth	Invesco	₹4,112.3349	3 Jun 2026
Bandhan Short Duration Fund - Direct Plan - Growth	Bandhan	₹64.1516	3 Jun 2026
Aditya Birla Sun Life Short Term Fund - Growth - Direct Plan	Aditya Birla Sun Life	₹53.9139	3 Jun 2026
Franklin India Short Tem Income Plan - Segregated Portfolio 3 (9.50% Yes Bank Ltd CO 23Dec21) - Direct Retail Plan Growth Option	Franklin India	₹0.0000	3 Jun 2026
Mirae Asset Short Duration Fund - Direct Plan - Growth	Mirae Asset	₹17.4069	3 Jun 2026
Kotak Bond Short Term Plan-(Growth) - Direct	Kotak	₹59.9322	3 Jun 2026

Recent NAVs

Date	NAV
3 Jun 2026	₹35.4416
2 Jun 2026	₹35.4486
1 Jun 2026	₹35.4269
31 May 2026	₹35.4295
29 May 2026	₹35.4161
27 May 2026	₹35.3826
26 May 2026	₹35.3587
25 May 2026	₹35.3519
22 May 2026	₹35.2898
21 May 2026	₹35.2655

Frequently asked questions

These answers are generated from this fund's live metrics — NAV, returns, peer rank, drawdown, SIP backtest. Numbers refresh nightly after AMFI's NAV feed lands.

As of 03 Jun 2026, the NAV of Axis Short Duration Fund - Direct Plan - Growth Option is ₹35.4416. It's a Short Duration Fund from Axis, run as a Direct plan Growth option. NAVs update once per business day from the AMFI feed.

Axis Short Duration Fund - Direct Plan - Growth Option has NAV history starting from 02 Jan 2013, a track record of about 13 years 5 months. That's enough history to evaluate the fund across one or two market cycles. Look at rolling returns rather than point-to-point to judge consistency.

Axis Short Duration Fund - Direct Plan - Growth Option is managed by Axis. It's classified by AMFI under the 'Short Duration Fund' SEBI category, which determines its peer set and tax treatment.

Over the trailing 1-year window, Axis Short Duration Fund - Direct Plan - Growth Option has delivered a absolute return of 5.03% — -2.49 pp behind the Short Duration Fund category average of 7.52%. The fund ranks #3 of 27 in its category — the top (Q1) quartile.

Over the trailing 3-year window, Axis Short Duration Fund - Direct Plan - Growth Option has delivered a CAGR of 7.47% — -1.17 pp behind the Short Duration Fund category average of 8.64%. The fund ranks #3 of 25 in its category — the top (Q1) quartile.

Over the trailing 5-year window, Axis Short Duration Fund - Direct Plan - Growth Option has delivered a CAGR of 6.62% — -1.09 pp behind the Short Duration Fund category average of 7.72%. The fund ranks #6 of 21 in its category — the second (Q2) quartile.

₹1 lakh invested in Axis Short Duration Fund - Direct Plan - Growth Option exactly 10 years ago would be worth approximately ₹208,017 today — a multiplier of 2.08×, based on the 10-year CAGR of 7.60%. The category average over the same window would have grown ₹1 lakh to ₹211,252.

A ₹10,000 monthly SIP in Axis Short Duration Fund - Direct Plan - Growth Option over the last 5 years — total invested ₹600,000 — would be worth ₹719,102 today. That's an XIRR (money-weighted annualised return) of 7.17%.

A ₹10,000 monthly SIP for 10 years in Axis Short Duration Fund - Direct Plan - Growth Option = ₹1,200,000 invested. It would currently be worth ₹1,745,906 (multiplier 1.45×). XIRR: 7.28%. Long-horizon SIP results matter more than point-to-point returns because they smooth out entry timing.

On a 5-year basis, Axis Short Duration Fund - Direct Plan - Growth Option ranks #6 out of 21 funds in the Short Duration Fund category — that places it in the second quartile (Q2) — above the median. The category average return over the same window is 7.72%; this fund delivered 6.62%.

The worst peak-to-trough decline Axis Short Duration Fund - Direct Plan - Growth Option has experienced over the last 5-year window is 0.83% — its NAV fell from a high on 07 Apr 2022 to a low on 06 May 2022. Drawdown is a useful gauge of how much short-term pain you'd have endured to capture the long-term return.

Across all 5-year rolling windows, Axis Short Duration Fund - Direct Plan - Growth Option averaged 7.94% (best 9.22%, worst 6.60%). 100% of rolling windows ended positive. The 5-year Sharpe ratio is -0.04 — negative risk-adjusted performance.

In calendar year 2025, Axis Short Duration Fund - Direct Plan - Growth Option returned 8.62% — lagging the Short Duration Fund category average of 15.76% by 7.14 pp. It ranked #2 of 24 in its category that year.

Axis Short Duration Fund - Direct Plan - Growth Option is classified as a Debt fund. For units acquired on or after 1 April 2023, all gains are taxed at your income-tax slab rate regardless of holding period — there's no LTCG concession or indexation. For pre-April-2023 units, the old rules with indexation still apply on long-term gains.

We don't give personal investment advice. Axis Short Duration Fund - Direct Plan - Growth Option is suitable for an investor whose:

time horizon matches the fund's modified duration — short-duration funds for 1-3 year goals, long-duration for 7+ years
primary goal is capital preservation or steady accrual, not high growth
tax slab is moderate — high-slab investors should evaluate post-tax yield against tax-free alternatives (PPF, tax-free bonds)

Cross-check the numbers above against alternatives before deciding. Worst 5-year drawdown: 0.8%. 5-year CAGR: 6.62%.

Educational content only — not investment advice. Tax rules summarised above reflect Budget 2024; consult a qualified adviser before transacting.

Axis Short Duration Fund - Direct Plan - Growth Option

NAV history & peer comparison

Returns matrix

Calendar-year returns

Rolling returns

SIP returns — historical "what if"

Risk profile

Peers in Short Duration Fund

Recent NAVs

Frequently asked questions

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