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Nippon India Short Duration Fund vs Axis Short Duration Fund

Nippon India Short Duration Fund (Direct) and Axis 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

Nippon India Short Duration FundDirectAxis Short Duration FundDirect2 of 4 funds

Growth of ₹100 (rebased over the selected window)

Common period 02 Jan 201320 Aug 2026, limited by Nippon India Short Duration Fund. Every series is rebased to ₹100 at the start of this window.

View as table
Growth of ₹100, sampled across the common period
DateNippon India Short Duration FundAxis Short Duration Fund
02 Jan 2013₹100.00₹100.00
21 Feb 2014₹109.17₹109.27
12 Apr 2015₹124.24₹123.16
31 May 2016₹136.55₹135.92
19 Jul 2017₹151.68₹150.74
07 Sep 2018₹159.60₹160.26
27 Oct 2019₹178.38₹179.61
15 Dec 2020₹198.85₹201.40
03 Feb 2022₹210.07₹210.80
25 Mar 2023₹221.51₹223.15
12 May 2024₹241.37₹242.76
01 Jul 2025₹268.95₹270.42
20 Aug 2026₹286.79₹289.05
Nippon India Short Duration Fund, Axis Short Duration Fund compared on return, risk, benchmark-relative, cost and portfolio metrics, against the Short Duration Fund median.
Metric
Nippon India · Direct
NAV ₹61.46
Low to Moderate risk
★★★★☆
Axis · Direct
NAV ₹36.22
Low to Moderate risk
★★★★★
Category median
Short Duration Fund · 25 funds
+6.00%+6.17%Best in row+5.69%
+7.83%+7.90%+7.57%
+6.75%+6.84%+6.51%
+7.39%+7.56%Best in row+7.14%
+8.04%+8.10%+7.36%
+7.41%+7.50%
+7.94%+8.04%+7.46%
+7.79%+7.92%Best in row+7.32%
+7.87%+7.98%Best in row+7.58%
Risk
0.97%0.96%0.96%
1.371.45Best in row1.11
2.112.24Best in row1.72
-2.85%-2.60%Best in row-2.35%
0.39%0.40%0.37%
₹7,205Cr₹8,708Cr₹1,616Cr
₹100₹5.00K
Vivek SharmaDevang Shah
4.2%4.1%
12 rows carry the same value for every fund — show
Benchmark
Alpha
Beta
Upside capture
Downside capture
Exit load
None
Lock-in
None
Min SIP
₹100
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 — Nippon India Short Duration Fund or Axis Short Duration Fund?

Over the last 3 years, Axis Short Duration Fund returned +7.90% CAGR against Nippon India Short Duration Fund's +7.83%, computed from AMFI NAV history. Over 5 years: Nippon India Short Duration Fund +6.75% vs Axis Short Duration Fund +6.84% CAGR. Past returns don't guarantee future performance.

Which fund is cheaper — Nippon India Short Duration Fund or Axis Short Duration Fund?

Nippon India Short Duration Fund has the lower expense ratio: Nippon India Short Duration Fund charges 0.39% a year against Axis Short Duration Fund's 0.40%. The expense ratio is deducted from the NAV daily, so a lower one compounds in the investor's favour.

Which fund is riskier — Nippon India Short Duration Fund or Axis Short Duration Fund?

Nippon India Short Duration Fund has shown higher volatility (+0.97% annualized vs Axis Short Duration Fund's +0.96%), measured as the annualized standard deviation of daily returns over the trailing 3 years. Worst 3-year drawdown: Nippon India Short Duration Fund -0.57% vs Axis Short Duration Fund -0.53%.

Which fund manages more money — Nippon India Short Duration Fund or Axis Short Duration Fund?

Axis Short Duration Fund is the larger fund: Nippon India Short Duration Fund manages ₹7,205Cr against Axis Short Duration Fund's ₹8,708Cr 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 Nippon India Short Duration Fund and Axis 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.