Axis Short Term Fund vs ICICI Prudential Short Term Fund
Axis Short Term 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 09 Oct 2026
Growth of ₹100 (rebased over the selected window)
Common period 02 Jan 2013 – 09 Oct 2026, limited by Axis Short Term Fund. Every series is rebased to ₹100 at the start of this window.
View as table
| Date | Axis Short Term Fund | ICICI Prudential Short Term Fund |
|---|---|---|
| 02 Jan 2013 | ₹100.00 | ₹100.00 |
| 25 Feb 2014 | ₹109.35 | ₹108.60 |
| 20 Apr 2015 | ₹123.39 | ₹124.12 |
| 12 Jun 2016 | ₹136.32 | ₹137.09 |
| 05 Aug 2017 | ₹151.50 | ₹154.98 |
| 28 Sep 2018 | ₹160.48 | ₹163.23 |
| 21 Nov 2019 | ₹181.09 | ₹183.73 |
| 13 Jan 2021 | ₹201.98 | ₹206.48 |
| 08 Mar 2022 | ₹211.71 | ₹216.36 |
| 01 May 2023 | ₹225.98 | ₹233.92 |
| 23 Jun 2024 | ₹245.30 | ₹255.72 |
| 16 Aug 2025 | ₹272.16 | ₹282.82 |
| 09 Oct 2026 | ₹289.92 | ₹301.83 |
| Metric | Axis · Direct NAV ₹36.33 Low to Moderate risk ★★★★★ | ICICI Prudential · Direct NAV ₹70.77 Low to Moderate risk ★★★★★ | Category median Short Duration Fund · 24 funds |
|---|---|---|---|
| +5.37% | +5.57%Best in row | +4.96% | |
| +7.80% | +7.77% | +7.48% | |
| +6.77% | +7.10%Best in row | +6.44% | |
| +7.41% | +7.68%Best in row | +6.97% | |
| +8.04% | +8.36% | +7.35% | |
| +7.26% | +7.42%Best in row | — | |
| +8.04% | +8.42%Best in row | +7.47% | |
| +7.90% | +8.27%Best in row | +7.30% | |
| +7.96% | +8.35%Best in row | +7.56% | |
| Risk | |||
| 0.95% | 0.93% | 0.95% | |
| 2.11 | 2.07 | 1.58 | |
| -2.60% | -3.38% | -2.45% | |
| 0.40%Best in row | 0.45% | 0.37% | |
| — | ₹19,244Cr | ₹657.71Cr | |
| ₹100 | ₹500 | — | |
| ₹100 | ₹500 | — | |
| Devang Shah · 13.9y | Manish Banthia | — | |
| 6.2% | 3.5% | — | |
12 rows carry the same value for every fund — show
- Sharpe
- 1.36
- 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 Term Fund or ICICI Prudential Short Term Fund?
Over the last 3 years, Axis Short Term Fund returned +7.80% CAGR against ICICI Prudential Short Term Fund's +7.77%, computed from AMFI NAV history. Over 5 years: Axis Short Term Fund +6.77% vs ICICI Prudential Short Term Fund +7.10% CAGR. Past returns don't guarantee future performance.
Which fund is cheaper — Axis Short Term Fund or ICICI Prudential Short Term Fund?
Axis Short Term Fund has the lower expense ratio: Axis Short Term 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 Term Fund or ICICI Prudential Short Term Fund?
Axis Short Term Fund has shown higher volatility (+0.95% 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 Term Fund -0.53% vs ICICI Prudential Short Term Fund -0.52%.
Are Axis Short Term 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.