Nippon India Ultra Short Duration Fund vs Axis Ultra Short Duration Fund
Nippon India Ultra Short Duration Fund (Direct) and Axis Ultra 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 Ultra Short Duration Fund schemes — see the best ultra 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 12 Sep 2018 – 20 Aug 2026, limited by Axis Ultra Short Duration Fund. Every series is rebased to ₹100 at the start of this window.
View as table
| Date | Nippon India Ultra Short Duration Fund | Axis Ultra Short Duration Fund |
|---|---|---|
| 12 Sep 2018 | ₹100.00 | ₹100.00 |
| 12 May 2019 | ₹104.70 | ₹105.72 |
| 08 Jan 2020 | ₹104.65 | ₹111.63 |
| 06 Sep 2020 | ₹107.96 | ₹116.46 |
| 05 May 2021 | ₹112.36 | ₹120.04 |
| 02 Jan 2022 | ₹119.93 | ₹123.15 |
| 01 Sep 2022 | ₹123.90 | ₹126.85 |
| 30 Apr 2023 | ₹129.57 | ₹132.61 |
| 28 Dec 2023 | ₹135.91 | ₹139.01 |
| 25 Aug 2024 | ₹143.00 | ₹146.17 |
| 24 Apr 2025 | ₹150.87 | ₹154.10 |
| 21 Dec 2025 | ₹157.62 | ₹160.89 |
| 20 Aug 2026 | ₹165.03 | ₹168.18 |
| Metric | Nippon India · Direct NAV ₹4,796.51 Low risk ★★★★☆ | Axis · Direct NAV ₹16.84 Low risk ★★★☆☆ | Category median Ultra Short Duration Fund · 25 funds |
|---|---|---|---|
| +6.89%Best in row | +6.67% | +6.47% | |
| +7.58%Best in row | +7.44% | +7.24% | |
| +6.93%Best in row | +6.71% | +6.51% | |
| +6.60% | +6.77%Best in row | +6.77% | |
| +7.39%Best in row | +7.24% | — | |
| +6.77%Best in row | +6.31% | +6.75% | |
| +6.76%Best in row | +6.31% | +6.33% | |
| Risk | |||
| -5.24% | -0.81%Best in row | -0.95% | |
| 0.34% | 0.36% | 0.33% | |
| ₹10,923Cr | ₹5,612Cr | ₹2,249Cr | |
| ₹10.00K | ₹100 | — | |
| Divya Dutt Sharma · 1y | Hardik Shah | — | |
| 21 May 2018 | 12 Sep 2018 | — | |
| 6.3% | 3.4% | — | |
16 rows carry the same value for every fund — show
- 10Y return (CAGR)
- —
- 10Y rolling avg
- —
- Volatility
- 0.38%
- Sharpe
- —
- Sortino
- —
- Benchmark
- —
- Alpha
- —
- Beta
- —
- Upside capture
- —
- Downside capture
- —
- Exit load
- None
- Lock-in
- None
- Min SIP
- ₹100
- Portfolio turnover
- —
- 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 Ultra Short Duration Fund or Axis Ultra Short Duration Fund?
Over the last 3 years, Nippon India Ultra Short Duration Fund returned +7.58% CAGR against Axis Ultra Short Duration Fund's +7.44%, computed from AMFI NAV history. Over 5 years: Nippon India Ultra Short Duration Fund +6.93% vs Axis Ultra Short Duration Fund +6.71% CAGR. Past returns don't guarantee future performance.
Which fund is cheaper — Nippon India Ultra Short Duration Fund or Axis Ultra Short Duration Fund?
Nippon India Ultra Short Duration Fund has the lower expense ratio: Nippon India Ultra Short Duration Fund charges 0.34% a year against Axis Ultra Short Duration Fund's 0.36%. 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 Ultra Short Duration Fund or Axis Ultra Short Duration Fund?
Axis Ultra Short Duration Fund has shown higher volatility (+0.38% annualized vs Nippon India Ultra Short Duration Fund's +0.38%), measured as the annualized standard deviation of daily returns over the trailing 3 years. Worst 3-year drawdown: Nippon India Ultra Short Duration Fund -0.09% vs Axis Ultra Short Duration Fund -0.09%.
Which fund manages more money — Nippon India Ultra Short Duration Fund or Axis Ultra Short Duration Fund?
Nippon India Ultra Short Duration Fund is the larger fund: Nippon India Ultra Short Duration Fund manages ₹10,923Cr against Axis Ultra Short Duration Fund's ₹5,612Cr 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 Ultra Short Duration Fund and Axis Ultra Short Duration Fund in the same category?
Yes — both are Ultra 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.