Fundalysisby DARKHORSESTOCKS

Fund manager · Axis

Hardik Satra

Assistant Fund Manager – Fixed Income at Axis. Runs 2 schemes worth ₹10,967 Cr.

  • Fund house

    AxisThey run their schemes at Axis.

  • AUM they run

    ₹10,967 CrThe AUM of the schemes they run, as main or co-manager, at the latest month's end, as AMFI reports it. A scheme two people run counts for both.

  • Schemes

    2 now · 0 beforeSchemes they run now, as main or co-manager, and ones they ran before, since Dec 2024.

  • Experience

    8 yearsOver 8 years

Profile(Axis's SAI, 30 Jun 2026)

About

Role
Assistant Fund Manager – Fixed Income
Studied
MBA - Financial Planning
Age
35 years
Experience
Over 8 years

Schemes now2

  1. Axis Overnight Fund₹10,853 Cr
  2. Axis Income Plus Arbitrage Passive FoF₹114 Cr

AUM they run(Mar 2025 – Sept 2026)

AUM at month end each month, and its change on the month before
12 months₹ CrChange
Sept 202610,967−4.1%
Aug 202611,433+11.2%
Jul 202610,285+23.6%
Jun 20268,319−30.4%
May 202611,955+4.2%
Apr 202611,472+44.4%
Mar 20267,945−25.6%
Feb 202610,672−10.9%
Jan 202611,974+15.9%
Dec 202510,331+14.4%
Nov 20259,031−9.3%
Oct 20259,962+14.0%
AUM at month end, Sept 2026
₹10,967 Cr
+10.1% since Oct 2025
Fig. 1.The AUM of the schemes Hardik Satra ran at each month's end, each only in the months they ran it, ₹ crore. A scheme two people run counts in full for both. Source: AMFI.

Schemes over time(Nov 2024 – now)

  1. Overnight Fund
  2. Income Plus Arbitrage Passive FoF
Axis20252026
Fig. 1.The schemes they ran when, the oldest first: each from the date its fund house gives, or the first document listing them where it gives none, to when they left, coloured by fund house.

Schemes(Nov 2024 – now)

Axis

2 now · since Nov 2024
  1. Axis Overnight Fund
    Co-manager, debtNov 2024—2y₹10,853 CrOvernightTER 0.09%
  2. Axis Income Plus Arbitrage Passive FoF
    Co-managerNov 2025—1y₹114 CrFund of FundsTER 0.06%

Source.Each scheme's Scheme Summary Document at AMFI and its filings at NSE.

Performance(2 schemes)

Growth · Direct plans

Return as manager
+5.68%
Beat peers
1 of 1
vs peers
+0.04 pt
Longest run
1.9 years
Beat benchmark
Upcoming
Each scheme Hardik Satra ran, against its peers and benchmark over the same months. Source: AMFI. Click a column's header to sort by it.
Axis Overnight Fund
Nov '24–now · 1.9y
+5.68%+5.64%+0.04 pt––
Axis Income Plus Arbitrage Passive FoF
Nov '25–now · 0.9y
+5.60%+4.32%+1.28 pt––
Fig. 1.Each scheme Hardik Satra ran, against its peers and benchmark over the same months. Source: AMFI.

Works with(3 now)

  1. Aditya PagariaIncome Plus Arbitrage Passive FoF1 scheme
  2. Devang ShahIncome Plus Arbitrage Passive FoF1 scheme
  3. Sachin JainOvernight Fund1 scheme

Career(Jan 2019 – now)

May 22, Axis Asset

  1. Position not stated
    Jan 2019—7y 10m

Source.Axis's Statement of Additional Information, as of 30 Jun 2026.