HDFC Short Term Debt Fund vs Axis Short Duration Fund
Updated June 2026 · both Short Duration funds · metrics from AMFI NAVs
In short: Axis Short Duration Fund has the higher 3-year return (+7.73%); HDFC Short Term Debt Fund has the lower expense ratio (0.39%); Axis Short Duration Fund has the better risk-adjusted return (Sharpe -0.50). This is analysis from past data, not a recommendation.
| Metric | HDFC Short Term Debt Fund | Axis Short Duration Fund |
|---|---|---|
| 1Y return | +5.38% | +5.68% |
| 3Y CAGR | +7.60% | +7.73% |
| 5Y CAGR | +6.57% | +6.72% |
| Sharpe ratio | -0.64 | -0.50 |
| Max drawdown | -0.9% | -0.8% |
| Volatility | 1.1% | 1.1% |
| Alpha | +0.60% | +0.77% |
| Expense ratio (Direct) | 0.39% | 0.47% |
| AUM | ₹17.0K Cr | ₹11.4K Cr |
Winner on each row highlighted (lower is better for expense ratio and volatility; max drawdown closer to zero is better). Computed from AMFI NAVs - see methodology. No paid placement.
FAQ
Which has the lower expense ratio?
HDFC Short Term Debt Fund has the lower Direct-plan expense ratio (0.39%), versus 0.47% for the other. Over long horizons a lower TER compounds into a meaningful difference.
Which has performed better over 3 years?
Axis Short Duration Fund has the higher 3-year CAGR (+7.73%). Past performance does not predict future returns - check volatility and drawdown too, shown above.
How are these figures calculated?
All returns, risk metrics and alpha are computed independently from AMFI daily NAVs using a disclosed methodology. FindMF takes no commission and this comparison is not a recommendation.