Axis Short Duration Fund vs ICICI Prudential Short Term Fund
Axis Short Duration Fund (Direct) and ICICI Prudential Short Term Fund (Direct) head to head: growth of ₹100, returns across every window, risk, cost, and portfolio overlap — every figure computed from AMFI NAV history, nothing supplied by a fund house. Both are Short Duration Fund schemes — see the best short duration mutual funds for the full ranking.
Head to head
NAVs as of 20 Aug 2026
Growth of ₹100 (rebased over the selected window)
Common period 02 Jan 2013 – 20 Aug 2026, limited by Axis Short Duration Fund. Every series is rebased to ₹100 at the start of this window.
View as table
| Date | Axis Short Duration Fund | ICICI Prudential Short Term Fund |
|---|---|---|
| 02 Jan 2013 | ₹100.00 | ₹100.00 |
| 21 Feb 2014 | ₹109.27 | ₹108.61 |
| 12 Apr 2015 | ₹123.16 | ₹123.89 |
| 31 May 2016 | ₹135.92 | ₹136.77 |
| 19 Jul 2017 | ₹150.74 | ₹153.96 |
| 07 Sep 2018 | ₹160.26 | ₹162.90 |
| 27 Oct 2019 | ₹179.61 | ₹182.15 |
| 15 Dec 2020 | ₹201.40 | ₹205.63 |
| 03 Feb 2022 | ₹210.80 | ₹215.26 |
| 25 Mar 2023 | ₹223.15 | ₹231.24 |
| 12 May 2024 | ₹242.76 | ₹253.05 |
| 01 Jul 2025 | ₹270.42 | ₹280.86 |
| 20 Aug 2026 | ₹289.05 | ₹301.41 |
| Metric | Axis · Direct NAV ₹36.22 Low to Moderate risk ★★★★★ | ICICI Prudential · Direct NAV ₹70.68 Low to Moderate risk ★★★★★ | Category median Short Duration Fund · 25 funds |
|---|---|---|---|
| +6.17% | +6.55%Best in row | +5.69% | |
| +7.90% | +7.98% | +7.57% | |
| +6.84% | +7.25%Best in row | +6.51% | |
| +7.56% | +7.87%Best in row | +7.14% | |
| +8.10% | +8.43%Best in row | +7.36% | |
| +7.50% | +7.74%Best in row | — | |
| +8.04% | +8.43%Best in row | +7.46% | |
| +7.92% | +8.29%Best in row | +7.32% | |
| +7.98% | +8.38%Best in row | +7.58% | |
| Risk | |||
| 0.96% | 0.93% | 0.96% | |
| 1.45 | 1.59Best in row | 1.11 | |
| 2.24 | 2.46Best in row | 1.72 | |
| -2.60%Best in row | -3.38% | -2.35% | |
| 0.40%Best in row | 0.45% | 0.37% | |
| ₹8,708Cr | ₹20,833Cr | ₹1,616Cr | |
| ₹100 | ₹500 | — | |
| ₹5.00K | ₹500 | — | |
| Devang Shah | Manish Banthia | — | |
| 4.1% | -3.0% | — | |
11 rows carry the same value for every fund — show
- Benchmark
- —
- Alpha
- —
- Beta
- —
- Upside capture
- —
- Downside capture
- —
- Exit load
- None
- Lock-in
- None
- Portfolio turnover
- —
- Inception
- 02 Jan 2013
- Holdings
- —
- Top 10 weight
- —
Best marks the strongest value in a row, and only where the gap is bigger than noise — a near-tie is left unmarked rather than dressed up as a result. SIP XIRR is a ₹10,000/month instalment over 5 years of real NAV history. Nothing here is supplied by a fund house. For research only — not investment advice.
Frequently asked questions
Which fund has delivered higher returns — Axis Short Duration Fund or ICICI Prudential Short Term Fund?
Over the last 3 years, ICICI Prudential Short Term Fund returned +7.98% CAGR against Axis Short Duration Fund's +7.90%, computed from AMFI NAV history. Over 5 years: Axis Short Duration Fund +6.84% vs ICICI Prudential Short Term Fund +7.25% CAGR. Past returns don't guarantee future performance.
Which fund is cheaper — Axis Short Duration Fund or ICICI Prudential Short Term Fund?
Axis Short Duration Fund has the lower expense ratio: Axis Short Duration Fund charges 0.40% a year against ICICI Prudential Short Term Fund's 0.45%. The expense ratio is deducted from the NAV daily, so a lower one compounds in the investor's favour.
Which fund is riskier — Axis Short Duration Fund or ICICI Prudential Short Term Fund?
Axis Short Duration Fund has shown higher volatility (+0.96% annualized vs ICICI Prudential Short Term Fund's +0.93%), measured as the annualized standard deviation of daily returns over the trailing 3 years. Worst 3-year drawdown: Axis Short Duration Fund -0.53% vs ICICI Prudential Short Term Fund -0.52%.
Which fund manages more money — Axis Short Duration Fund or ICICI Prudential Short Term Fund?
ICICI Prudential Short Term Fund is the larger fund: Axis Short Duration Fund manages ₹8,708Cr against ICICI Prudential Short Term Fund's ₹20,833Cr in assets. Size cuts both ways — scale lowers costs, but a very large fund can find it harder to move in and out of positions.
Are Axis Short Duration Fund and ICICI Prudential Short Term Fund in the same category?
Yes — both are Short Duration Fund schemes, so their returns, risk and cost are directly comparable against the same peer set.
Figures update daily from AMFI NAV history; ratings and ranks are WealthTicker’s own — see the methodology. This is data, not investment advice.