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

We don't give personal investment advice. Axis Ultra Short Duration Fund - Regular 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: 5.76%.

Axis

Axis Ultra Short Duration Fund - Regular Plan - Regular IDCW

Latest NAV

₹15.6355

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%	+0.01	15 / 68	Q1
1W	+0.09%	+0.04%	+0.05	10 / 68	Q1
2W	+0.08%	+0.03%	+0.05	27 / 68	Q2
1M	+0.60%	+0.13%	+0.47	10 / 68	Q1
3M	+1.40%	+0.70%	+0.71	21 / 68	Q2
6M	+3.05%	+1.29%	+1.76	19 / 68	Q2
YTD	+3.15%	+1.33%	+1.82	18 / 68	Q2
1Y	+5.72%	+1.79%	+3.92	10 / 68	Q1
2Y	+6.46%	+1.74%	+4.71	8 / 68	Q1
3Y	+6.55%	+1.80%	+4.75	8 / 67	Q1
4Y	+6.42%	+1.83%	+4.59	8 / 63	Q1
5Y	+5.76%	+1.78%	+3.98	7 / 61	Q1
7Y	+5.57%	+1.67%	+3.90	2 / 48	Q1
10Y	—	—	—	—	—
Inception	+5.85%	+1.57%	+4.27	5 / 68	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	+3.15%	+0.97%	+2.18	13 / 58
2025	+6.57%	+1.68%	+4.89	6 / 58
2024	+6.95%	+2.18%	+4.77	6 / 59
2023	+6.54%	+2.14%	+4.40	8 / 60
2022	+4.16%	+1.48%	+2.67	6 / 58
2021	+3.16%	+0.94%	+2.21	3 / 51
2020	+5.18%	+1.79%	+3.40	5 / 54
2019	+7.57%	+1.35%	+6.23	2 / 44
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

+5.69%

84 windows

min 3.0% · max 8.1%

100% positive

3-Year rolling

+5.37%

60 windows

min 4.1% · max 6.8%

100% positive

5-Year rolling

+5.38%

35 windows

min 5.2% · max 5.8%

100% positive

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

7-Year rolling

+5.70%

11 windows

min 5.6% · max 5.8%

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

-0.11%

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
Invesco India Ultra Short Duration Fund - Regular Plan - Annual IDCW (Payout / Reinvestment)	Invesco	₹1,147.1096	17 Jul 2026
BANDHAN ULTRA SHORT DURATION FUND - REGULAR PLAN DAILY IDCW	Bandhan	₹10.0519	17 Jul 2026
Motilal Oswal Ultra Short Term Fund Regular - IDCW Daily Reinvestment	Motilal Oswal	₹11.4495	17 Jul 2026
Mirae Asset Ultra Short Duration Fund Regular IDCW	Mirae Asset	₹1,396.2209	17 Jul 2026
DSP BlackRock Money Manager Fund - Regular Plan - Daily Dividend Reinvest	DSP BlackRock	₹1,005.4914	17 Jul 2026
DSP Ultra Short Fund - Regular Plan - IDCW - Monthly	DSP	₹1,082.2831	17 Jul 2026
HSBC Ultra Short Duration Fund - Regular Daily IDCW	HSBC	₹1,031.7278	17 Jul 2026
Baroda BNP Paribas Ultra Short Duratio Fund- Regular Plan- Weekly IDCW	Baroda BNP Paribas	₹1,001.4535	17 Jul 2026
CANARA ROBECO ULTRA SHORT TERM FUND - REGULAR PLAN - MONTHLY IDCW (Payout/Reinvestment)	Canara Robeco	₹1,004.4697	17 Jul 2026
UTI Ultra Short Duration Fund - Regular Plan - Annual IDCW	UTI	₹1,473.4979	17 Jul 2026

Recent NAVs

Date	NAV
17 Jul 2026	₹15.6355
16 Jul 2026	₹15.6281
15 Jul 2026	₹15.6220
14 Jul 2026	₹15.6189
13 Jul 2026	₹15.6275
10 Jul 2026	₹15.6221
9 Jul 2026	₹15.6182
8 Jul 2026	₹15.6121
7 Jul 2026	₹15.6199
6 Jul 2026	₹15.6266

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 - Regular Plan - Regular IDCW is ₹15.6355. It's a Ultra Short Duration Fund from Axis, run as a Regular plan IDCW (dividend) option. NAVs update once per business day from the AMFI feed.

Axis Ultra Short Duration Fund - Regular 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 - Regular 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 - Regular Plan - Regular IDCW has delivered a absolute return of 5.72% — +3.92 pp ahead of the Ultra Short Duration Fund category average of 1.79%. The fund ranks #10 of 68 in its category — the top (Q1) quartile.

Over the trailing 3-year window, Axis Ultra Short Duration Fund - Regular Plan - Regular IDCW has delivered a CAGR of 6.55% — +4.75 pp ahead of the Ultra Short Duration Fund category average of 1.80%. The fund ranks #8 of 67 in its category — the top (Q1) quartile.

Over the trailing 5-year window, Axis Ultra Short Duration Fund - Regular Plan - Regular IDCW has delivered a CAGR of 5.76% — +3.98 pp ahead of the Ultra Short Duration Fund category average of 1.78%. The fund ranks #7 of 61 in its category — the top (Q1) quartile.

₹1 lakh invested in Axis Ultra Short Duration Fund - Regular Plan - Regular IDCW exactly 5 years ago would be worth approximately ₹132,303 today — a multiplier of 1.32×, based on the 5-year CAGR of 5.76%. The category average over the same window would have grown ₹1 lakh to ₹109,216.

A ₹10,000 monthly SIP in Axis Ultra Short Duration Fund - Regular Plan - Regular IDCW over the last 5 years — total invested ₹600,000 — would be worth ₹703,675 today. That's an XIRR (money-weighted annualised return) of 6.31%.

Axis Ultra Short Duration Fund - Regular 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 ₹1,035,834 — XIRR 5.89%.

On a 5-year basis, Axis Ultra Short Duration Fund - Regular Plan - Regular IDCW ranks #7 out of 61 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 1.78%; this fund delivered 5.76%.

The worst peak-to-trough decline Axis Ultra Short Duration Fund - Regular Plan - Regular IDCW has experienced over the last 5-year window is 0.23% — 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 - Regular Plan - Regular IDCW averaged 5.38% (best 5.76%, worst 5.18%). 100% of rolling windows ended positive. The 5-year Sharpe ratio is -1.56 — negative risk-adjusted performance.

In calendar year 2025, Axis Ultra Short Duration Fund - Regular Plan - Regular IDCW returned 6.57% — beating the Ultra Short Duration Fund category average of 1.68% by 4.89 pp. It ranked #6 of 58 in its category that year.

Axis Ultra Short Duration Fund - Regular 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 - Regular 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: 5.76%.

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

Axis Ultra Short Duration Fund - Regular 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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