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 09 Oct 2026
Growth of ₹100 (rebased over the selected window)
Common period 12 Sep 2018 – 09 Oct 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 |
| 16 May 2019 | ₹104.88 | ₹105.89 |
| 17 Jan 2020 | ₹104.86 | ₹111.78 |
| 18 Sep 2020 | ₹108.11 | ₹116.65 |
| 22 May 2021 | ₹112.60 | ₹120.26 |
| 23 Jan 2022 | ₹120.36 | ₹123.47 |
| 26 Sep 2022 | ₹124.22 | ₹127.16 |
| 29 May 2023 | ₹130.41 | ₹133.46 |
| 30 Jan 2024 | ₹136.81 | ₹139.92 |
| 02 Oct 2024 | ₹144.18 | ₹147.37 |
| 05 Jun 2025 | ₹152.24 | ₹155.47 |
| 05 Feb 2026 | ₹158.91 | ₹162.13 |
| 09 Oct 2026 | ₹166.65 | ₹169.84 |
| Metric | Nippon India · Direct NAV ₹4,843.58 Low risk ★★★★☆ | Axis · Direct NAV ₹17.00 Low risk ★★★☆☆ | Category median Ultra Short Duration Fund · 27 funds |
|---|---|---|---|
| +6.97%Best in row | +6.77% | +6.55% | |
| +7.58%Best in row | +7.45% | +7.25% | |
| +7.02%Best in row | +6.82% | +6.62% | |
| +6.61% | +6.78% | +6.64% | |
| +7.41%Best in row | +7.27% | — | |
| +6.77%Best in row | +6.34% | +6.76% | |
| +6.75%Best in row | +6.33% | +6.34% | |
| Risk | |||
| -5.24% | -0.81% | -0.89% | |
| 0.34% | 0.36% | 0.31% | |
| ₹11,899Cr | — | ₹2,015Cr | |
| ₹10.00K | ₹100 | — | |
| Vivek Sharma · 13y | Sachin Jain · 6.1y | — | |
| 21 May 2018 | 12 Sep 2018 | — | |
| 2.3% | 1.3% | — | |
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 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 +7.45%, computed from AMFI NAV history. Over 5 years: Nippon India Ultra Short Term Fund +7.02% vs Axis Ultra Short Term Fund +6.82% 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.