HealthyDirect · Growth
Axis Ultra Short Term Fund
Axis Mutual FundIncome/Debt Oriented Schemes - Ultra Short Term Fund8 years
- NAV
- 16.9258
- 15 Sept 2026
- 1Y
- +6.9%
- Trailing CAGR
- AUM
- ₹6,073.91 Cr
- 31 Jul 2026
- Volatility
- Low
- 0.5% annualized
NAV
Path not in current snapshots
n/a
Returns
Trailing CAGR and simulated monthly SIP XIRR from daily NAV. Category comparison uses the median of comparable share classes in the peer set.
Trailing CAGR
Point-to-point, calendar-day annualized
- 1Y+6.9%
- 3Y+7.5%
- 5Y+6.8%
- 10Yn/a
- SI+6.8%
SIP XIRR
Equal monthly instalments to latest NAV
- 1Y+7.1%
- 3Y+7.3%
- 5Y+7.3%
- 10Yn/a
- Since inception
- +6.8%
- Calendar-day CAGR
- Excess 1Y
- +0.2%
- Category median, same plan and option
- 3Y win rate
- +100%
- Windows beating the median
- 3Y percentile
- 89
- Vs comparable share classes
- Worst rolling 3Y
- +5.1%
- 1221 daily-ending windows
- Median rolling 3Y
- +6.2%
- Calendar-day CAGR
- Positive rolling 5Y
- +100%
- 734 daily-ending windows
- SIP 3Y XIRR
- +7.3%
- Simulated monthly SIP
Drawdown
Peak to trough from a running NAV high. Move across the path to read a date.
Drawdown
Path not in current snapshots
n/a
- Average recovery
- 3 days
- 61 recovered episodes
- Longest recovery
- 21 days
- Trough to prior peak
- Current spell
- 1 days
- Days below latest peak
- Time below peak
- +8%
- NAV observations
11 Mar 2020 – 27 Mar 2020
Trough 24 Mar 2020 · recovered in 3 days
-0.8%
23 Apr 2020 – 12 May 2020
Trough 29 Apr 2020 · recovered in 13 days
-0.3%
2 May 2022 – 27 May 2022
Trough 6 May 2022 · recovered in 21 days
-0.2%
13 May 2026 – 29 May 2026
Trough 21 May 2026 · recovered in 8 days
-0.1%
Dimensions
0–100 reads of named metrics. The mean is unweighted and only uses dimensions with data.
Returns
89
Vs category
51
Consistency
100
Risk-adjusted
100
Drawdown
98
Mean
88
Portfolio
31 Jul 2026 · 80 holdings · top 10 are 40.6%.
- Top 5
- 26.2%
- Top 10
- 40.6%
- Largest holding
- 10.1%
- Effective holdings
- 35.5
Others CBLO
Unspecified
10.1%
HDFC BANK LIMITED CD 14DEC26
Financial
4.5%
BANK OF BARODA CD 04DEC26
Financial
4.1%
SMALL INDUSTRIES DEVELOPMENT BANK OF INDIA CD 28JAN27
Financial
4.1%
MINDSPACE BUSINESS PARKS REIT SR NCD7 8.03 NCD 10DC26 FVRS1LAC
Real Estate
3.4%
Decision
Quantitative read of the live evidence. An explanation can only restate what is already here.
As of 11 Sept 2026
Healthy
Engine status
Healthy
Doing its job
Why this status
- No material deterioration, cost shock, or persistent category underperformance in the current evidence set.
Supporting reads
- The fund beat the category median in 100% of rolling 3-year windows.
- Three-year return is above the category median.
- Risk-adjusted return sits above the documented risk-free proxy.
- Peak-to-trough drawdown has stayed shallower than 15%.
Worth investigating
Same-category peers with enough history to inspect beside this fund.
Canara Robeco Ultra Short Term Fund
Canara Robeco Mutual Fund
- 1Y
- +6.6%
- 3Y
- +7.1%
- Vol
- 0.5%
- Max DD
- -0.6%
- Sharpe
- 3.73
- 3Y win
- +0%
- Lower volatility
- Shallower drawdown
Caveat: Lower trailing returns
Franklin India Ultra Short Term Fund
Franklin Templeton Mutual Fund
- 1Y
- +6.6%
- 3Y
- n/a
- Vol
- 0.4%
- Max DD
- -0.1%
- Sharpe
- 4.77
- 3Y win
- n/a
- Lower volatility
- Shallower drawdown
Caveat: Lower trailing returns
ITI Ultra Short Term Fund
ITI Mutual Fund
- 1Y
- +6.5%
- 3Y
- +7.1%
- Vol
- 0.3%
- Max DD
- -0.2%
- Sharpe
- 2.97
- 3Y win
- 0%
- Lower volatility
- Shallower drawdown
Caveat: Lower trailing returns
Mahindra Manulife Ultra Short Term Fund
Mahindra Manulife Mutual Fund
- 1Y
- +6.7%
- 3Y
- +7.3%
- Vol
- 0.5%
- Max DD
- -0.5%
- Sharpe
- 2.28
- 3Y win
- +84%
- Lower volatility
- Shallower drawdown
Caveat: Lower trailing returns
Mirae Asset Ultra Short-Term Fund
Mirae Asset Mutual Fund
- 1Y
- +6.8%
- 3Y
- +7.4%
- Vol
- 0.3%
- Max DD
- -0.2%
- Sharpe
- 2.90
- 3Y win
- +95%
- Lower volatility
- Shallower drawdown
Caveat: Lower trailing returns