Nippon India Ultra Short Term Fund vs Axis Ultra Short Term Fund
Nippon India Ultra Short Term Fund (Direct) and Axis Ultra 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 Ultra Short Duration Fund schemes — see the best ultra 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 12 Sep 2018 – 25 Aug 2026, limited by Axis Ultra Short Term Fund. Every series is rebased to ₹100 at the start of this window.
View as table
| Date | Nippon India Ultra Short Term Fund | Axis Ultra Short Term Fund |
|---|---|---|
| 12 Sep 2018 | ₹100.00 | ₹100.00 |
| 12 May 2019 | ₹104.70 | ₹105.72 |
| 09 Jan 2020 | ₹104.67 | ₹111.66 |
| 07 Sep 2020 | ₹108.02 | ₹116.50 |
| 07 May 2021 | ₹112.39 | ₹120.07 |
| 04 Jan 2022 | ₹120.01 | ₹123.21 |
| 03 Sep 2022 | ₹123.93 | ₹126.88 |
| 03 May 2023 | ₹129.70 | ₹132.73 |
| 31 Dec 2023 | ₹135.96 | ₹139.06 |
| 29 Aug 2024 | ₹143.16 | ₹146.32 |
| 28 Apr 2025 | ₹150.96 | ₹154.19 |
| 26 Dec 2025 | ₹157.85 | ₹161.12 |
| 25 Aug 2026 | ₹165.19 | ₹168.35 |
| Metric | Nippon India · Direct NAV ₹4,801.17 Low risk ★★★★☆ | Axis · Direct NAV ₹16.85 Low risk ★★★☆☆ | Category median Ultra Short Duration Fund · 25 funds |
|---|---|---|---|
| +6.91%Best in row | +6.69% | +6.48% | |
| +7.58%Best in row | +7.44% | +7.24% | |
| +6.94%Best in row | +6.72% | +6.52% | |
| +6.60% | +6.77%Best in row | +6.77% | |
| +7.39%Best in row | +7.24% | — | |
| +6.75%Best in row | +6.32% | +6.74% | |
| +6.75%Best in row | +6.31% | +6.33% | |
| Risk | |||
| -5.24% | -0.81%Best in row | -0.95% | |
| 0.34% | 0.36% | 0.33% | |
| — | ₹5,908Cr | ₹3,302Cr | |
| Vivek Sharma · 12.9y | Aditya Pagaria | — | |
| 21 May 2018 | 12 Sep 2018 | — | |
| 6.3% | 3.4% | — | |
17 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
- Min lumpsum
- ₹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 Term Fund or Axis Ultra Short Term Fund?
Over the last 3 years, Nippon India Ultra Short Term Fund returned +7.58% CAGR against Axis Ultra Short Term Fund's +7.44%, computed from AMFI NAV history. Over 5 years: Nippon India Ultra Short Term Fund +6.94% vs Axis Ultra Short Term Fund +6.72% CAGR. Past returns don't guarantee future performance.
Which fund is cheaper — Nippon India Ultra Short Term Fund or Axis Ultra Short Term Fund?
Nippon India Ultra Short Term Fund has the lower expense ratio: Nippon India Ultra Short Term Fund charges 0.34% a year against Axis Ultra Short Term 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 Term Fund or Axis Ultra Short Term Fund?
Axis Ultra Short Term Fund has shown higher volatility (+0.38% annualized vs Nippon India Ultra Short Term 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 Term Fund -0.09% vs Axis Ultra Short Term Fund -0.09%.
Are Nippon India Ultra Short Term Fund and Axis Ultra Short Term 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.