Axis Ultra Short to Short Term Fund vs Bajaj Finserv Ultra Short to Short Term Fund
Direct Plan, Growth option · Data as on 30-10-2026
Axis Ultra Short to Short Term Fund and Bajaj Finserv Ultra Short to Short Term Fund are both Low Duration funds. Axis Ultra Short to Short Term Fund charges 0.37% a year and Bajaj Finserv Ultra Short to Short Term Fund 0.24% (Direct plans). Their portfolios overlap 7.4%: they hold 6 of the same securities.
Axis Ultra Short to Short Term Fund
Low Duration
- Expense ratio
- 0.37%
- NAV
- ₹3,518.21
Bajaj Finserv Ultra Short to Short Term Fund
Low Duration
- Expense ratio
- 0.24%
- NAV
- ₹1,040.94
Which is better, Axis Ultra Short to Short Term or Bajaj Finserv Ultra Short to Short Term? Key differences
It depends on what you want from the fund. These are the differences in numbers, from the data on this page.
- Bajaj Finserv Ultra Short to Short Term costs less: 0.24% a year against 0.37% (Direct plans).
- Bajaj Finserv Ultra Short to Short Term fell less in its worst fall since 23-02-2026: −0.2% against −0.2%.
- Axis Ultra Short to Short Term is the larger fund: ₹4,563 Cr against ₹582 Cr.
- Their portfolios overlap 7.4%: 6 of the same holdings.
Past returns do not promise future returns. This page is information, not investment advice.
Key facts
From each fund's scheme summary document and AMFI
| Fact | Axis Ultra Short to Short Term Fund | Bajaj Finserv Ultra Short to Short Term Fund |
|---|---|---|
| Fund house | Axis Mutual Fund | Bajaj Finserv Mutual Fund |
| Category | Low Duration | Low Duration |
| AUM | ₹4,563 Cr (30-09-2026) | ₹582 Cr (30-09-2026) |
| NAV | ₹3,518.21 (Direct) | ₹1,040.94 (Direct) |
| Expense ratio (Direct) | 0.37% | 0.24% |
| Expense ratio (Regular) | 0.73% | 1.02% |
| Riskometer | Low to Moderate | Low to Moderate |
| Benchmark | NIFTY Low Duration Debt Index A-I | NIFTY Low Duration Debt Index A-I |
| Launch date | 09-10-2009 | 20-02-2026 |
| Minimum investment | ₹100 | ₹5,000 |
| Lock in | None | None |
| Fund managers | Devang Shah, Aditya Pagaria | Nimesh Chandan, Siddharth Chaudhary |
| Exit load | Nil | Nil |
Axis Ultra Short to Short Term vs Bajaj Finserv Ultra Short to Short Term: Returns Comparison
Returns as on 30-10-2026. Up to one year they are absolute returns. Longer periods are a rate per year.
| Fund | 1M | 3M | 6M | 1Y | 3Y | 5Y | 10Y |
|---|---|---|---|---|---|---|---|
| Axis Ultra Short to Short Term Fund (Direct) | +0.22% | +1.19% | +3.03% | +5.94% | +7.33% | +6.70% | +6.99% |
| Bajaj Finserv Ultra Short to Short Term Fund (Direct) | +0.24% | +1.18% | +3.02% | -- | -- | -- | -- |
| Low Duration average | +0.18% | +1.12% | +2.95% | -- | -- | -- | -- |
Category average: the average of the 25 Low Duration funds, same plan type.
Axis Ultra Short to Short Term vs Bajaj Finserv Ultra Short to Short Term: Year-wise Returns
| Year | AxisAxis Ultra Short to Short Term | Bajaj FinservBajaj Finserv Ultra Short to Short Term |
|---|---|---|
| 2026to date | +4.87% | -- |
| 2025 | +7.84% | -- |
| 2024 | +8.02% | -- |
| 2023 | +7.37% | -- |
| 2022 | +4.73% | -- |
| 2021 | +4.05% | -- |
Axis Ultra Short to Short Term vs Bajaj Finserv Ultra Short to Short Term: Rolling Returns
Every holding period of both funds
Axis Ultra Short to Short Term vs Bajaj Finserv Ultra Short to Short Term: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | Axis Ultra Short to Short Term Fund (Direct) | Bajaj Finserv Ultra Short to Short Term Fund (Direct) |
|---|---|---|
| Return (CAGR) | +7.60% | +5.90% |
| Standard deviation | 0.67% | 0.67% |
| Sharpe ratio | 2.32 | 0.96 |
| Sortino ratio | 4.41 | 1.47 |
| Maximum drawdown | −1.5% (24-03-2020) | −0.2% (21-05-2026) |
| Beta | -- | -- |
| Alpha | -- | -- |
From daily NAVs, 02-01-2013 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta and alpha compare each fund with its own benchmark's TRI.
Drawdowns
How far below its previous high each one was on every day: the falls an investor had to sit through. 0% means it was at a new high.
Axis Ultra Short to Short Term Fund (Direct)
Bajaj Finserv Ultra Short to Short Term Fund (Direct)
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| Axis Ultra Short to Short Term Fund (Direct) | −0.2% | 11-05-2026 | 21-05-2026 | 31-05-2026 | 10 days | 0.0% |
| Bajaj Finserv Ultra Short to Short Term Fund (Direct) | −0.2% | 11-05-2026 | 21-05-2026 | 01-06-2026 | 11 days | 0.0% |
From daily values since 23-02-2026, the first day every fund has.
Axis Ultra Short to Short Term vs Bajaj Finserv Ultra Short to Short Term: Portfolio Overlap
From each fund's latest monthly portfolio: Axis Ultra Short to Short Term Fund, September 2026; Bajaj Finserv Ultra Short to Short Term Fund, September 2026
Holdings in common
- Overlap
- 7.4%
- Held by both
- 6
- Only in Axis Ultra Short to Short Term
- 99
- Only in Bajaj Finserv Ultra Short to Short Term
- 15
| Security | % of Axis Ultra Short to Short Term | % of Bajaj Finserv Ultra Short to Short Term |
|---|---|---|
| 7.44% National Bank For Agriculture and Rural Development (24/02/2028) | 2.18% | 4.28% |
| Bank of Baroda (04/02/2027) | 2.14% | 4.20% |
| Indian Bank (05/02/2027) | 1.39% | 4.20% |
| Export Import Bank of India (12/03/2027) | 1.06% | 4.17% |
| 7.9% LIC Housing Finance Limited (23/06/2027) | 0.44% | 4.30% |
| SBI - Corporate Debt Market Development Fund (CDMDF) - Class A2 | 0.39% | 0.23% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 7.4% means 7.4% of each fund's money sits in positions the other also holds. Matched by ISIN. Cash and hedged positions are left out.
Largest holdings only in Axis Ultra Short to Short Term Fund
| Security | % of fund |
|---|---|
| 7.62% National Bank For Agriculture and Rural Development (31/01/2028) | 4.37% |
| 4.04% Government of India (04/10/2028) | 3.84% |
| HDFC Bank Limited (15/01/2027) | 3.76% |
| Small Industries Dev Bank of India (18/02/2027) | 3.20% |
| Canara Bank (26/02/2027) | 2.67% |
Largest holdings only in Bajaj Finserv Ultra Short to Short Term Fund
| Security | % of fund |
|---|---|
| 8.9% Muthoot Finance Limited (07/10/2027) | 5.16% |
| 8.4% Cholamandalam Investment and Finance Company Ltd (18/09/2027) | 4.30% |
| 7.59% Power Finance Corporation Limited (17/01/2028) | 4.29% |
| 7.7% Bajaj Housing Finance Limited (21/05/2027) | 4.28% |
| 7.48% National Bank For Agriculture and Rural Development (15/09/2028) | 4.27% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | Axis Ultra Short to Short Term | Bajaj Finserv Ultra Short to Short Term |
|---|---|---|
| Equity | 0.0% | 0.0% |
| Debt | 99.3% | 82.0% |
| Cash and others | 0.7% | 18.0% |
Axis Ultra Short to Short Term vs Bajaj Finserv Ultra Short to Short Term: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | Axis Ultra Short to Short Term Fund | Bajaj Finserv Ultra Short to Short Term Fund |
|---|---|---|
| Total expense ratio (Direct) | 0.37% | 0.24% |
| Base expense ratio (Direct) | 0.30% | 0.19% |
| Total expense ratio (Regular) | 0.73% | 1.02% |
| Base expense ratio (Regular) | 0.60% | 0.85% |
The expense ratio comes out of the fund's assets every day, so every return on this page is already after it. Base expense ratio: the fund house's own fee. The total adds brokerage, transaction costs, and levies with GST.
More comparisons
Each fund against the others of its category
Compare Axis Ultra Short to Short Term with
Compare Bajaj Finserv Ultra Short to Short Term with
- Bajaj Finserv Ultra Short to Short Term vs HSBC Ultra Short to Short Term
- Bajaj Finserv Ultra Short to Short Term vs Nippon India Ultra Short to Short Term
- Bajaj Finserv Ultra Short to Short Term vs Kotak Ultra Short to Short Term
- Bajaj Finserv Ultra Short to Short Term vs Mirae Asset Ultra Short to Short Term
Axis Ultra Short to Short Term Fund vs Bajaj Finserv Ultra Short to Short Term Fund: Frequently Asked Questions
What is the difference between Axis Ultra Short to Short Term Fund and Bajaj Finserv Ultra Short to Short Term Fund?
Both are Low Duration funds, run by Axis Mutual Fund and Bajaj Finserv Mutual Fund. Their portfolios overlap 7.4%. Axis Ultra Short to Short Term Fund charges 0.37% a year and Bajaj Finserv Ultra Short to Short Term Fund 0.24%.
Which has the lower expense ratio, Axis Ultra Short to Short Term Fund or Bajaj Finserv Ultra Short to Short Term Fund?
Bajaj Finserv Ultra Short to Short Term Fund charges less: 0.24% a year against 0.37%. These are the Direct plans' total expense ratios reported to AMFI.
How much do Axis Ultra Short to Short Term Fund and Bajaj Finserv Ultra Short to Short Term Fund overlap?
7.4%. They hold 6 of the same securities, the largest shared ones being 7.44% National Bank For Agriculture and Rural Development (24/02/2028), Bank of Baroda (04/02/2027), Indian Bank (05/02/2027). From each fund's latest monthly portfolio.
Which is riskier, Axis Ultra Short to Short Term Fund or Bajaj Finserv Ultra Short to Short Term Fund?
On SEBI's riskometer, Axis Ultra Short to Short Term Fund is rated Low to Moderate and Bajaj Finserv Ultra Short to Short Term Fund Low to Moderate. Over their common history, the standard deviation of daily returns was 0.67% and 0.67% a year.
Can I invest in both Axis Ultra Short to Short Term Fund and Bajaj Finserv Ultra Short to Short Term Fund?
Yes. 7.4% of each fund's money sits in the same holdings, so the two hold mostly different investments.
Who manages Axis Ultra Short to Short Term Fund and Bajaj Finserv Ultra Short to Short Term Fund?
Axis Ultra Short to Short Term Fund: Devang Shah, Aditya Pagaria. Bajaj Finserv Ultra Short to Short Term Fund: Nimesh Chandan, Siddharth Chaudhary.
Sources: NAV and expense ratio from AMFI. Holdings from each fund house's monthly portfolio statement. Fund facts from each scheme summary document.
This page is information, not investment advice. Mutual fund investments are subject to market risks; read all scheme related documents carefully. Past returns do not promise future returns. Figures come from AMFI, NSE, BSE and each fund house's own documents.