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 25 Aug 2026
Growth of ₹100 (rebased over the selected window)
Common period 02 Jan 2013 – 25 Aug 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 |
| 21 Feb 2014 | ₹109.27 | ₹108.61 |
| 13 Apr 2015 | ₹123.24 | ₹123.98 |
| 01 Jun 2016 | ₹135.94 | ₹136.76 |
| 21 Jul 2017 | ₹150.91 | ₹154.21 |
| 09 Sep 2018 | ₹160.26 | ₹162.90 |
| 30 Oct 2019 | ₹179.91 | ₹182.48 |
| 18 Dec 2020 | ₹201.52 | ₹205.71 |
| 06 Feb 2022 | ₹210.82 | ₹215.32 |
| 28 Mar 2023 | ₹223.20 | ₹231.40 |
| 17 May 2024 | ₹243.30 | ₹253.59 |
| 06 Jul 2025 | ₹270.85 | ₹281.29 |
| 25 Aug 2026 | ₹289.06 | ₹301.53 |
| Metric | Axis · Direct NAV ₹36.22 Low to Moderate risk ★★★★★ | ICICI Prudential · Direct NAV ₹70.70 Low to Moderate risk ★★★★★ | Category median Short Duration Fund · 25 funds |
|---|---|---|---|
| +6.19% | +6.62%Best in row | +5.77% | |
| +7.85% | +7.93% | +7.52% | |
| +6.82% | +7.23%Best in row | +6.50% | |
| +7.55% | +7.87%Best in row | +7.13% | |
| +8.09% | +8.43%Best in row | +7.36% | |
| +7.46% | +7.72%Best in row | — | |
| +8.04% | +8.43%Best in row | +7.45% | |
| +7.91% | +8.28%Best in row | +7.31% | |
| +7.98% | +8.38%Best in row | +7.58% | |
| Risk | |||
| 0.96% | 0.93% | 0.97% | |
| 1.40 | 1.54Best in row | 1.06 | |
| 2.15 | 2.38Best in row | 1.60 | |
| -2.60%Best in row | -3.38% | -2.35% | |
| 0.40%Best in row | 0.45% | 0.37% | |
| — | ₹20,833Cr | ₹789.18Cr | |
| ₹100 | ₹500 | — | |
| ₹100 | ₹500 | — | |
| Devang Shah · 13.7y | 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 Term Fund or ICICI Prudential Short Term Fund?
Over the last 3 years, ICICI Prudential Short Term Fund returned +7.93% CAGR against Axis Short Term Fund's +7.85%, computed from AMFI NAV history. Over 5 years: Axis Short Term Fund +6.82% vs ICICI Prudential Short Term Fund +7.23% 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 (+0.96% 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 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.