Data shown is for informational purposes only and does not constitute investment advice. TopFund is not SEBI-registered. Consult a SEBI-registered advisor before investing.
Axis Short Duration Fund - Direct Plan - Regular IDCW
★★★★★ monitor_heart Health Score: 83/100 · ExcellentAxis Mutual Fund · Debt · Short Duration
₹22.06
AUM: ₹8,183 Cr
NAV updated 4 days ago
Plan
Direct
Option
Idcw
Risk
Moderate
Expense Ratio
0.4%
Exit Load
Nil
Fund Manager
Devang Shah
Inception
Jan 2013
Benchmark
NIFTY Short Duration Debt Index A-II
Sharpe Ratio
-0.23
Std Dev (1Y)
1.14%
Historical Returns (CAGR)
Annualized trailing returns computed from NAV history — past performance only, not a guarantee of future results.
1m
+0.72%
3m
+1.9%
6m
+3.61%
1y
+6.0%
3y
+7.85%
5y
+6.87%
10y
+7.62%
since inception
+7.19%
rate_review TopFund's Take on Axis Short Duration Fund - Direct Plan - Regular IDCW
Axis Short Duration Fund - Direct Plan - Regular IDCW ranks among the stronger performers in the Short Duration category, backed by a 5-star rating. TopFund's composite Health Score, which weighs rating, 3-year CAGR, expense ratio and fund size, puts it at 83/100.
Cost: At 0.4%, the expense ratio is roughly in line with the Short Duration category average of 0.37% — cost isn't a standout factor either way for this fund.
Risk-adjusted performance: Over the trailing 1-year period, the fund shows a negative Sharpe ratio of -0.23 — over the past year, returns haven't kept pace with the volatility involved, even before accounting for the risk-free rate. Separately, annualised volatility of 1.14% is on the lower side, suggesting a comparatively smoother ride.
Who should invest: This fund is best suited to investors whose goals and risk appetite align with a Debt fund.
This is an automated, data-driven analysis based on the fund's own metrics and its category peers — not personalized investment advice. Consult a SEBI-registered advisor before investing.
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info Fund Snapshot
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tips_and_updates Tools & Guides for This Fund
Frequently Asked Questions about Axis Short Duration Fund - Direct Plan - Regular IDCW
The current NAV (Net Asset Value) of Axis Short Duration Fund - Direct Plan - Regular IDCW is ₹22.06. NAV is updated every business day after market close by AMFI.
1Y: 6.0% · 3Y CAGR: 7.85% · 5Y CAGR: 6.87%
The expense ratio is 0.4% per annum — the annual fee deducted from your investment to cover fund management costs.
Axis Short Duration Fund - Direct Plan - Regular IDCW is managed by Devang Shah at Axis Mutual Fund.
Axis Short Duration Fund - Direct Plan - Regular IDCW is a Moderate risk fund. Suitable for investors with a moderate risk appetite.
Axis Short Duration Fund - Direct Plan - Regular IDCW is a Short Duration fund. SIP suitability depends on your investment goal and risk profile.
The Assets Under Management (AUM) of Axis Short Duration Fund - Direct Plan - Regular IDCW is ₹8,183 crore as of the latest data.
* Past performance is not indicative of future results. Mutual fund investments are subject to market risks.