Should I invest in Axis Ultra Short Duration Fund - Regular IDCW?

We don't give personal investment advice. Axis Ultra Short Duration Fund - Direct Plan - Regular IDCW 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: 0.2%. 5-year CAGR: 6.52%.

Axis

Axis Ultra Short Duration Fund - Direct Plan - Regular IDCW

Latest NAV

₹16.5403

As of

3 Jun 2026

1,873 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	+0.03%	+0.00%	+0.03	14 / 102	Q1
1W	+0.21%	-1.81%	+2.03	20 / 104	Q1
2W	+0.18%	+0.12%	+0.06	38 / 102	Q2
1M	+0.27%	+0.20%	+0.07	40 / 102	Q2
3M	+1.45%	+0.79%	+0.67	24 / 102	Q1
6M	+2.89%	+1.31%	+1.59	24 / 99	Q1
YTD	+2.40%	+1.32%	+1.08	22 / 100	Q1
1Y	+6.34%	-1.59%	+7.92	11 / 103	Q1
2Y	+7.19%	-1.79%	+8.98	9 / 99	Q1
3Y	+7.33%	+2.26%	+5.07	4 / 95	Q1
4Y	+7.19%	+2.16%	+5.03	2 / 90	Q1
5Y	+6.52%	+2.02%	+4.50	7 / 89	Q1
7Y	+6.47%	+1.83%	+4.64	3 / 74	Q1
10Y	—	—	—	—	—
Inception	+6.71%	-2.03%	+8.74	8 / 106	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	+2.40%	+0.69%	+1.71	11 / 80
2025	+7.44%	+1.97%	+5.47	3 / 80
2024	+7.81%	+2.28%	+5.54	2 / 80
2023	+7.47%	+2.52%	+4.95	1 / 78
2022	+5.08%	+1.51%	+3.57	1 / 86
2021	+4.07%	-3.45%	+7.52	8 / 82
2020	+6.16%	+0.98%	+5.19	6 / 85
2019	+8.55%	+1.58%	+6.96	2 / 72
2018	—	—	—	—

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

+6.63%

83 windows

min 3.8% · max 9.1%

100% positive

3-Year rolling

+6.26%

58 windows

min 5.1% · max 7.7%

100% positive

Limited basis — fund is young, so this average may be skewed by which 3Y windows happen to be available.

5-Year rolling

+6.27%

34 windows

min 6.1% · max 6.5%

100% positive

Limited basis — fund is young, so this average may be skewed by which 5Y windows happen to be available.

7-Year rolling

+6.64%

10 windows

min 6.5% · max 6.8%

100% positive

Limited basis — fund is young, so this average may be skewed by which 7Y windows happen to be available.

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

0.33%

3-year · annualised

Sharpe ratio

—

vs risk-free 6.5%

Sortino ratio

—

Downside-only deviation

Max drawdown

-0.09%

May 2026 → May 2026

% positive months

100.0%

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 Ultra Short Duration Fund

Scheme	Fund house	NAV	As of
HDFC Ultra Short Term Fund - Direct Plan-Daily IDCW Option	HDFC	₹10.0920	3 Jun 2026
NIPPON INDIA ULTRA SHORT DURATION FUND - DIRECT Plan - DAILY IDCW OPTION	Nippon India	₹1,114.1500	3 Jun 2026
SBI Ultra Short Duration Fund - Direct Plan - Daily Income Distribution cum Capital Withdrawal Option (IDCW)	SBI	₹2,399.9423	3 Jun 2026
ICICI Prudential Ultra Short Term Fund - Direct Plan - Monthly IDCW	ICICI Prudential	₹10.7924	3 Jun 2026
Invesco India Ultra Short Duration Fund - Direct Plan - Annual IDCW (Payout / Reinvestment)	Invesco	₹2,168.5662	3 Jun 2026
BANDHAN ULTRA SHORT DURATION FUND - DIRECT PLAN -MONTHLY IDCW	Bandhan	₹10.0561	3 Jun 2026
Aditya Birla Sun Life Savings Fund-DIRECT - DAILY IDCW	Aditya Birla Sun Life	₹100.1187	3 Jun 2026
Motilal Oswal Ultra Short Term Fund Direct - IDCW Daily Reinvestment	Motilal Oswal	₹11.7326	3 Jun 2026
Franklin India Ultra Short Duration Fund - Direct - IDCW	Franklin India	₹10.7529	3 Jun 2026
Mirae Asset Ultra Short Duration Fund Direct IDCW	Mirae Asset	₹1,398.5715	3 Jun 2026

Recent NAVs

Date	NAV
3 Jun 2026	₹16.5403
2 Jun 2026	₹16.5377
1 Jun 2026	₹16.5325
31 May 2026	₹16.5253
29 May 2026	₹16.5189
27 May 2026	₹16.5057
26 May 2026	₹16.5023
25 May 2026	₹16.5032
22 May 2026	₹16.4953
21 May 2026	₹16.4944

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 Ultra Short Duration Fund - Direct Plan - Regular IDCW is ₹16.5403. It's a Ultra Short Duration Fund from Axis, run as a Direct plan IDCW (dividend) option. NAVs update once per business day from the AMFI feed.

Axis Ultra Short Duration Fund - Direct Plan - Regular IDCW has NAV history starting from 12 Sep 2018, a track record of about 7 years 8 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 Ultra Short Duration Fund - Direct Plan - Regular IDCW is managed by Axis. It's classified by AMFI under the 'Ultra Short Duration Fund' SEBI category, which determines its peer set and tax treatment.

Over the trailing 1-year window, Axis Ultra Short Duration Fund - Direct Plan - Regular IDCW has delivered a absolute return of 6.34% — +7.92 pp ahead of the Ultra Short Duration Fund category average of -1.59%. The fund ranks #11 of 103 in its category — the top (Q1) quartile.

Over the trailing 3-year window, Axis Ultra Short Duration Fund - Direct Plan - Regular IDCW has delivered a CAGR of 7.33% — +5.07 pp ahead of the Ultra Short Duration Fund category average of 2.26%. The fund ranks #4 of 95 in its category — the top (Q1) quartile.

Over the trailing 5-year window, Axis Ultra Short Duration Fund - Direct Plan - Regular IDCW has delivered a CAGR of 6.52% — +4.5 pp ahead of the Ultra Short Duration Fund category average of 2.02%. The fund ranks #7 of 89 in its category — the top (Q1) quartile.

₹1 lakh invested in Axis Ultra Short Duration Fund - Direct Plan - Regular IDCW exactly 5 years ago would be worth approximately ₹137,122 today — a multiplier of 1.37×, based on the 5-year CAGR of 6.52%. The category average over the same window would have grown ₹1 lakh to ₹110,527.

A ₹10,000 monthly SIP in Axis Ultra Short Duration Fund - Direct Plan - Regular IDCW over the last 5 years — total invested ₹600,000 — would be worth ₹716,590 today. That's an XIRR (money-weighted annualised return) of 7.03%.

Axis Ultra Short Duration Fund - Direct Plan - Regular IDCW doesn't yet have 10 years of NAVs. Over the longest available window (7-year SIP), ₹10,000/month would have grown to ₹1,064,959 — XIRR 6.67%.

On a 5-year basis, Axis Ultra Short Duration Fund - Direct Plan - Regular IDCW ranks #7 out of 89 funds in the Ultra Short Duration Fund category — that places it in the top quartile (Q1) — strong outperformance. The category average return over the same window is 2.02%; this fund delivered 6.52%.

The worst peak-to-trough decline Axis Ultra Short Duration Fund - Direct Plan - Regular IDCW has experienced over the last 5-year window is 0.22% — its NAV fell from a high on 02 May 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 Ultra Short Duration Fund - Direct Plan - Regular IDCW averaged 6.27% (best 6.53%, worst 6.11%). 100% of rolling windows ended positive.

In calendar year 2025, Axis Ultra Short Duration Fund - Direct Plan - Regular IDCW returned 7.44% — beating the Ultra Short Duration Fund category average of 1.97% by 5.47 pp. It ranked #3 of 80 in its category that year.

Axis Ultra Short Duration Fund - Direct Plan - Regular IDCW 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 Ultra Short Duration Fund - Direct Plan - Regular IDCW 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: 0.2%. 5-year CAGR: 6.52%.

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

Axis Ultra Short Duration Fund - Direct Plan - Regular IDCW

NAV history & peer comparison

Returns matrix

Calendar-year returns

Rolling returns

SIP returns — historical "what if"

Risk profile

Peers in Ultra Short Duration Fund

Recent NAVs

Frequently asked questions

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