August 17, 2026
mayank
Axis Short Duration Fund
| Fund at a Glance | |
| NAV Growth (Rs.) | 36.27 |
| NAV IDCW (Rs.) | 22.19 |
| Monthly NAV IDCW (Rs.) | 10.05 |
| Min. Investment (Rs.) | 100 |
| Min. SIP Investment (Rs.) | 100 |
| Min. No of Cheques | 6 |
| Benchmark | NIFTY SD Debt Index A-II |
| AUM Rs. | 8,010 Cr |
| (As on 31-Jul-2026) | |
| Expense | 0.32% |
| 1 Year Return (%) | 6.46 |
| 3 Year Return (%) | 7.97 |
| 5 Year Return (%) | 6.91 |
| 10 Year Return (%) | 7.58 |
| Return Since Launch | 8.12% |
Suitable For Which Investors?
Short Duration funds are suitable for:
1. Debt allocation in your long-term portfolio
2. Earning marginally higher returns than fixed deposits, with low-to-moderate volatility and flexibility to redeem anytime
3. Investment horizon of 1-3 years
Note:
• Unlike FD, there is no guarantee of returns
• Not suitable for long-term wealth creation
Fund’s Investment Strategy:
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.
Fund Manager:
1) Aditya Pagaria
Education: Mr. Pagaria is a Bachelor in Management Studies and holds a Post Graduate Diploma in Business Management from Institute Of Technology And Management, SK Somaiya College.
Experience: Prior to joining Axis AMC he was associated with ICICI Prudential AMC (Nov 2011-Jul 2016) as Fund Manager – Fixed Income Operations.
2) Devang Shah
Education: Mr. Shah is B.Com and ACA.
Experience: Prior to joining Axis AMC he has worked with ICICI Prudential AMC, Deutsche Asset Management (India) Pvt. Ltd. and Pricewaterhouse Coopers.
Investment Details
| Min. Investment (Rs) | 100 |
| Min. Addl Investment (Rs) | 100 |
| Min. SIP Investment (Rs) | 100 |
| Min. Withdrawal (Rs) | 1,000 |
| Min. No of Cheques | 6 |
| Min. Balance (Rs) | 1 |
| Lock-in Period | NA |
| Exit Load | 0 |
Basic Details of Axis Short Duration Fund
| Fund House | Axis Mutual Fund |
| Launch Date | 01-Jan-13 |
| Return Since Launch | 8.12% |
| Benchmark | NIFTY SD Debt Index A-II |
| Riskometer | Moderate |
| Type | Open-ended |
| Assets | 8,010 Cr |
| (As on 31-Jul-2026) | |
| Expense | 0.32% |
| (As on 31-Jul-2026) | |
| Risk Grade | Below Average |
| Return Grade | Above Average |
Axis Short Duration Fund Trailing Returns (%)
| Fund name | YTD | 1D | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
| Axis Short Duration Dir | 3.98 | 0.02 | 0.52 | 2.44 | 3.45 | 6.46 | 7.97 | 6.91 | 7.33 | 7.58 |
| Debt: Short Duration | 3.71 | 0.03 | 0.55 | 2.35 | 3.17 | 5.98 | 7.60 | 6.83 | 6.94 | 7.08 |
| Rank within category | 4 | 19 | 23 | 10 | 4 | 4 | 3 | 6 | 6 | 3 |
| Number of funds in category | 26 | 28 | 28 | 28 | 28 | 26 | 25 | 23 | 21 | 17 |
Peer Comparison of Axis Short Duration Fund
| Rating | 1 Year Returns | 3 Year Returns | 5 Year Returns | Expense Ratio (%) | Net Assets (Rs Cr) | Return Since Launch (%) | Exit Load (Days) | Fund Age | |
| Axis Short Duration Dir | 5 out of 5 stars | 6.46 | 7.97 | 6.91 | 0.32 | 8,010 | 8.12 | — | 13Y 7M |
| ICICI Pru Short Term Dir | 5 out of 5 stars | 6.81 | 8.06 | 7.32 | 0.38 | 19,260 | 8.45 | — | 13Y 7M |
| HDFC Short Term Debt Dir | 4 out of 5 stars | 6.22 | 7.76 | 6.74 | 0.33 | 15,081 | 7.98 | — | 13Y 7M |
| Bandhan Short Duration Dir | 4 out of 5 stars | 6.53 | 7.92 | 6.59 | 0.29 | 9,287 | 7.82 | — | 13Y 7M |
| Nippon India Short Duration Dir | 4 out of 5 stars | 6.25 | 7.92 | 6.85 | 0.32 | 7,189 | 8.06 | — | 13Y 7M |
Portfolio Breakup
| Fund | Category | |
| Number of Securities | 187 | 63 |
| Macaulay Duration (yrs) | 2.70 | 2.49 |
| Average Maturity (yrs) | 3.54 | 3.36 |
| Yield to Maturity (%) | 7.40 | 7.18 |
| Avg Credit Rating | AAA | — |
Note: Mutual fund investments are subject to market risks, read all scheme-related documents carefully.
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