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: 6.65%.

Axis

Axis Ultra Short Duration Fund - Direct Plan - Regular IDCW

Latest NAV

₹16.7330

As of

17 Jul 2026

1,904 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	+0.05%	+0.03%	+0.02	20 / 102	Q1
1W	+0.10%	+0.08%	+0.02	21 / 102	Q1
2W	+0.11%	+0.09%	+0.02	35 / 102	Q2
1M	+0.67%	+0.21%	+0.46	9 / 101	Q1
3M	+1.62%	+0.79%	+0.83	24 / 101	Q1
6M	+3.48%	+1.49%	+1.99	20 / 101	Q1
YTD	+3.61%	+1.58%	+2.03	19 / 100	Q1
1Y	+6.59%	+2.50%	+4.09	11 / 99	Q1
2Y	+7.34%	+2.37%	+4.97	9 / 97	Q1
3Y	+7.42%	+2.28%	+5.14	4 / 95	Q1
4Y	+7.31%	+2.18%	+5.14	2 / 90	Q1
5Y	+6.65%	+2.07%	+4.59	7 / 88	Q1
7Y	+6.49%	+1.83%	+4.66	3 / 74	Q1
10Y	—	—	—	—	—
Inception	+6.76%	+1.82%	+4.94	8 / 102	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	+3.61%	+1.02%	+2.59	9 / 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%	+1.50%	+2.57	8 / 78
2020	+6.16%	+1.97%	+4.19	6 / 81
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

+6.61%

84 windows

min 3.9% · max 9.1%

100% positive

3-Year rolling

+6.28%

60 windows

min 5.1% · max 7.7%

100% positive

5-Year rolling

+6.29%

35 windows

min 6.1% · max 6.7%

100% positive

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

7-Year rolling

+6.62%

11 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

0.46%

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	17 Jul 2026
NIPPON INDIA ULTRA SHORT DURATION FUND - DIRECT Plan - DAILY IDCW OPTION	Nippon India	₹1,114.1500	17 Jul 2026
SBI Ultra Short Duration Fund - Direct Plan - Daily Income Distribution cum Capital Withdrawal Option (IDCW)	SBI	₹2,427.1356	17 Jul 2026
ICICI Prudential Ultra Short Term Fund - Direct Plan - Monthly IDCW	ICICI Prudential	₹10.8052	17 Jul 2026
Invesco India Ultra Short Duration Fund - Direct Plan - Annual IDCW (Payout / Reinvestment)	Invesco	₹2,193.0141	17 Jul 2026
BANDHAN ULTRA SHORT DURATION FUND - DIRECT PLAN -MONTHLY IDCW	Bandhan	₹10.0637	17 Jul 2026
Aditya Birla Sun Life Savings Fund-DIRECT - DAILY IDCW	Aditya Birla Sun Life	₹100.0000	17 Jul 2026
Motilal Oswal Ultra Short Term Fund Direct - IDCW Daily Reinvestment	Motilal Oswal	₹11.7326	17 Jul 2026
Franklin India Ultra Short Duration Fund - Direct - IDCW	Franklin India	₹10.7367	17 Jul 2026
Mirae Asset Ultra Short Duration Fund Direct IDCW	Mirae Asset	₹1,415.0742	17 Jul 2026

Recent NAVs

Date	NAV
17 Jul 2026	₹16.7330
16 Jul 2026	₹16.7246
15 Jul 2026	₹16.7177
14 Jul 2026	₹16.7140
13 Jul 2026	₹16.7227
10 Jul 2026	₹16.7157
9 Jul 2026	₹16.7112
8 Jul 2026	₹16.7043
7 Jul 2026	₹16.7121
6 Jul 2026	₹16.7190

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 17 Jul 2026, the NAV of Axis Ultra Short Duration Fund - Direct Plan - Regular IDCW is ₹16.7330. 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 10 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 6.59% — +4.09 pp ahead of the Ultra Short Duration Fund category average of 2.50%. The fund ranks #11 of 99 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 7.42% — +5.14 pp ahead of the Ultra Short Duration Fund category average of 2.28%. 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 6.65% — +4.59 pp ahead of the Ultra Short Duration Fund category average of 2.07%. The fund ranks #7 of 88 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 ₹137,996 today — a multiplier of 1.38×, based on the 5-year CAGR of 6.65%. The category average over the same window would have grown ₹1 lakh to ₹110,770.

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 ₹719,453 today. That's an XIRR (money-weighted annualised return) of 7.19%.

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 ₹1,069,248 — XIRR 6.79%.

On a 5-year basis, Axis Ultra Short Duration Fund - Direct Plan - Regular IDCW ranks #7 out of 88 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 2.07%; this fund delivered 6.65%.

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 6.29% (best 6.65%, worst 6.11%). 100% of rolling windows ended positive. The 5-year Sharpe ratio is -0.06 — negative risk-adjusted performance.

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: 6.65%.

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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