Debt · Ultra Short Term Fun

Axis Ultra Short Term fund

Axis Asset Management Co. Ltd.

Benchmark

NIFTY Ultra Short Duration Debt Index A-I

Riskometer

Moderate

Size

₹5,304 cr

Allotted

10 Sep 2018

Holdings as of

30 Sep 2026

Axis Ultra Short Term fund is a ultra short term fun fund of Axis Asset Management Co. Ltd. with ₹5,304 cr under management. It is ahead of its benchmark (NIFTY Ultra Short Duration Debt Index A-I) in 3 of 3 periods. Its direct plan charges 0.36% a year. Sachin Jain has managed it for 6.1 years.

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What is Axis Ultra Short Term fund invested in?

60% in debt, 39% in shares and 1% in cash, as of 30 Sep 2026.

Equity38.9%Debt59.5%Cash1.3%Other0.4%

Holdings as of 30 Sep 2026

Has Axis Ultra Short Term fund beaten its benchmark?

Ahead of its benchmark, NIFTY Ultra Short Duration Debt Index A-I, in 3 of 3 periods in AMFI's figures; +6.75% over the last year against +6.69%.

Period returns

Direct Plan, growth · 3y and longer a year

Period	Fund	Nifty 500 TRI	Ahead
1 month	+0.51%	−3.60%	—
3 months	+1.75%	−5.03%	—
6 months	+3.35%	−1.83%	—
1 year	+6.73%	−4.06%	+10.79 pts
3 years	+7.45%	+9.27%	−1.82 pts
5 years	+6.81%	+8.00%	−1.19 pts
10 years	—	+12.69%	—
Since start from 12 Sep 2018	+6.77%	—	—

Valarth price history to 14 Oct 2026 · the index is the one the fund is nearest; — not on record

Official figures

AMFI performance feed, 13 Oct 2026

Ahead of its benchmark (NIFTY Ultra Short Duration Debt Index A-I) in 3 of 3 periods.

Period	Direct	Regular	Benchmark	Ahead	Rank
1y	+6.75%	+5.85%	+6.69%	+0.06	🔒
3y	+7.44%	+6.55%	+7.20%	+0.24	🔒
5y	+6.81%	+5.91%	+6.60%	+0.21	🔒
10y	—	—	—	—	—

Ahead in points a year · its rank among Ultra Short Term Fun funds, and how steady the lead is, in the app

Value of 100, month-end

Sep 2018 to 14 Oct 2026

Fund 169Nifty 500 TRI 263

₹100 put in at the start of Sep 2018 would be ₹169 on 14 Oct 2026, against ₹263 in the Nifty 500 TRI.

Risk, falls and every year

🔒 Pro

Its worst fall and how long it took to recover, three-year stretches, Sharpe, beta and capture ratios, calendar years beside the index, and money in and out: in the app.

See them in the app →

What does Axis Ultra Short Term fund cost?

0.36% a year on the direct plan, 1.26% on the regular plan; 19 of 23 funds in its category charge less.

Direct plan

0.36% a year

Category median 0.30%

Regular plan

1.26% a year

Category median 0.82%

Gap

0.90 points

for the same holdings

19 of 23 funds in its category charge less on the direct plan.

Expense report, Oct 2026 · Income/Debt Oriented Schemes - Ultra Short Term Fund

What the regular plan costs you over time

🔒 Pro

The same money left for years in the direct and the regular plan, side by side, and what the commission takes: in the app.

Who manages Axis Ultra Short Term fund?

Sachin Jain, since 4 Sep 2020; Hardik Shah, since 4 Sep 2020.

Sachin Jain

6.1 years

since 4 Sep 2020

Hardik Shah

6.1 years

since 4 Sep 2020

Benchmark as filedNIFTY Ultra Short Duration Debt Index A-I

Exit load

Nil

From 3 Scheme Summary Documents filed with NSE, first on 22 Sep 2026; as on 5 Oct 2026

Questions people ask

Who manages Axis Ultra Short Term fund?

Sachin Jain (manager) since 4 Sep 2020; Hardik Shah (manager) since 4 Sep 2020.

What is the expense ratio of Axis Ultra Short Term fund?

0.36% a year on the direct plan and 1.26% on the regular plan (expense report, Oct 2026).

How has Axis Ultra Short Term fund done?

Its direct plan returned +7.44% a year over 3 years against +7.20% for its benchmark, NIFTY Ultra Short Duration Debt Index A-I, as of 13 Oct 2026.