Axis Short Duration Fund vs Mahindra Manulife Short Duration Fund
Axis Short Duration Fund (Direct) and Mahindra Manulife Short Duration 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 25 Feb 2021 – 20 Aug 2026, limited by Mahindra Manulife Short Duration Fund. Every series is rebased to ₹100 at the start of this window.
View as table
| Date | Axis Short Duration Fund | Mahindra Manulife Short Duration Fund |
|---|---|---|
| 25 Feb 2021 | ₹100.00 | ₹100.00 |
| 11 Aug 2021 | ₹102.67 | ₹102.84 |
| 25 Jan 2022 | ₹104.63 | ₹104.77 |
| 11 Jul 2022 | ₹105.88 | ₹105.55 |
| 24 Dec 2022 | ₹108.81 | ₹108.37 |
| 09 Jun 2023 | ₹113.00 | ₹112.40 |
| 23 Nov 2023 | ₹115.97 | ₹115.51 |
| 08 May 2024 | ₹120.28 | ₹119.90 |
| 22 Oct 2024 | ₹125.22 | ₹124.99 |
| 07 Apr 2025 | ₹130.85 | ₹130.39 |
| 20 Sep 2025 | ₹135.58 | ₹134.94 |
| 06 Mar 2026 | ₹139.30 | ₹138.39 |
| 20 Aug 2026 | ₹143.29 | ₹142.71 |
| Metric | Axis · Direct NAV ₹36.22 Low to Moderate risk ★★★★★ | Mahindra Manulife · Direct NAV ₹14.27 Low to Moderate risk ★★★★☆ | Category median Short Duration Fund · 25 funds |
|---|---|---|---|
| +6.17% | +6.28%Best in row | +5.69% | |
| +6.84%Best in row | +6.70% | +6.51% | |
| +7.56% | — | +7.14% | |
| +8.10%Best in row | +6.70% | +7.36% | |
| +7.50% | +7.46% | — | |
| +8.04%Best in row | +7.24% | +7.46% | |
| +7.92%Best in row | +6.65% | +7.32% | |
| +7.98% | — | +7.58% | |
| Risk | |||
| 0.96% | 0.95% | 0.96% | |
| 1.45 | 1.49 | 1.11 | |
| 2.24 | 2.27 | 1.72 | |
| -2.60% | -1.10%Best in row | -2.35% | |
| 0.40% | 0.33%Best in row | 0.37% | |
| ₹8,708Cr | ₹84.21Cr | ₹1,616Cr | |
| ₹100 | ₹500 | — | |
| ₹5.00K | ₹1.00K | — | |
| Devang Shah | Rahul Pal · 5.5y | — | |
| 02 Jan 2013 | 25 Feb 2021 | — | |
| 4.1% | 6.6% | — | |
11 rows carry the same value for every fund — show
- 3Y return (CAGR)
- +7.90%
- Benchmark
- —
- Alpha
- —
- Beta
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- Upside capture
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- Downside capture
- —
- Exit load
- None
- Lock-in
- None
- Portfolio turnover
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- Holdings
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- 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 Mahindra Manulife Short Duration Fund?
Over the last 3 years, Mahindra Manulife Short Duration Fund returned +7.90% CAGR against Axis Short Duration Fund's +7.90%, computed from AMFI NAV history. Over 5 years: Axis Short Duration Fund +6.84% vs Mahindra Manulife Short Duration Fund +6.70% CAGR. Past returns don't guarantee future performance.
Which fund is cheaper — Axis Short Duration Fund or Mahindra Manulife Short Duration Fund?
Mahindra Manulife Short Duration Fund has the lower expense ratio: Axis Short Duration Fund charges 0.40% a year against Mahindra Manulife Short Duration Fund's 0.33%. 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 Mahindra Manulife Short Duration Fund?
Axis Short Duration Fund has shown higher volatility (+0.96% annualized vs Mahindra Manulife Short Duration Fund's +0.95%), 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 Mahindra Manulife Short Duration Fund -0.44%.
Which fund manages more money — Axis Short Duration Fund or Mahindra Manulife Short Duration Fund?
Axis Short Duration Fund is the larger fund: Axis Short Duration Fund manages ₹8,708Cr against Mahindra Manulife Short Duration Fund's ₹84.21Cr 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 Mahindra Manulife Short Duration 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.