Axis Short Duration Fund
The fund seeks to generate reasonable return commensurate with low risk and high degree of liquidity from a portfolio of money market and high quality debt securities.
Growthvine rating: 4/5 — ranked #6 of 45 in category.
Fund basics
| Category | Debt: Short Duration |
|---|---|
| NAV | ₹32.97 (as of 2026-08-21) |
| AUM | ₹8,010 Cr |
| Expense ratio | 0.77% |
| Riskometer | Moderate |
| Fund manager | Aditya Pagaria |
| Exit load | 0 |
Performance & risk
| 5-year annualised return | 6.27% |
|---|---|
| Sharpe ratio | 1.05 |
| Standard deviation | 1.29% |
| Max drawdown | -2.63% |
| Alpha | 0 |
| Beta | 0 |
Over 5 years, captured 101.4% of NIFTY Short Duration Debt Index's upside and 61.7% of its downside.
Market cap allocation
Concentration
Top holdings
Not disclosed.
Top sectors
Not disclosed.
Calendar-year track record
| Year | Return | Quartile | Category rank |
|---|---|---|---|
| 2026 (partial) | 3.4% | Q2 | #16 of 41 |
| 2025 | 8.1% | Q1 (Top) | #6 of 37 |
| 2024 | 8.0% | Q1 (Top) | #6 of 34 |
| 2023 | 6.8% | Q2 | #15 of 30 |
| 2022 | 3.7% | Q1 (Top) | #5 of 21 |