Ultra Short Duration mutual funds
Portfolio Macaulay duration of three to six months. This page lists every Ultra Short Duration scheme (Direct plan, growth option) with its returns, rolling-return consistency and risk, calculated from AMFI NAVs as of 2 Oct 2026.
Category AUM and net inflow cover all plans and options of the 26 Ultra Short Term Fund schemes in AMFI's monthly report for August 2026 (source); net inflow is money invested minus money redeemed during the month.
| Scheme | NAV (₹) | AUM (₹ cr) | TER | 1Y | 3Y CAGR | 5Y CAGR | 3Y rolling median | 3Y rolling worst | 3Y beat-rate | Std dev | Max DD 5Y | History |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Aditya Birla Sun Life Ultra Short Term Fund Aditya Birla Sun Life Mutual Fund | 605.67 | 16,279 | n/a | 6.6% | 7.5% | 6.8% | 7.7% | 5.2% | n/a | 0.6% | −0.3% | 13.7 y |
| Axis Ultra Short Term Fund Axis Mutual Fund | 16.97 | 4,994 | 0.36% | 6.8% | 7.5% | 6.8% | 6.2% | 5.1% | n/a | 0.5% | −0.2% | 8.1 y |
| BANDHAN ULTRA SHORT TERM FUND Bandhan Mutual Fund | 16.68 | 4,261 | n/a | 6.5% | 7.2% | 6.5% | 5.9% | 4.5% | n/a | 0.5% | −0.3% | 8.2 y |
| BANK OF INDIA ULTRA SHORT TERM FUND Bank of India Mutual Fund | 3,538.79 | 196 | 0.42% | 6.5% | 6.9% | 6.3% | 6.9% | 4.3% | n/a | 0.5% | −0.2% | 13.7 y |
| Baroda BNP Paribas Ultra Short Term Fund Baroda BNP Paribas Mutual Fund | 1,693.09 | 596 | 0.29% | 6.6% | 7.2% | 6.7% | 6.0% | 4.7% | n/a | 0.5% | −0.3% | 8.3 y |
| Canara Robeco Ultra Short Term Fund Canara Robeco Mutual Fund | 4,374.16 | 529 | 0.31% | 6.5% | 7.1% | 6.3% | 6.8% | 4.2% | n/a | 0.5% | −0.2% | 13.7 y |
| DSP Ultra Short Term Fund DSP Mutual Fund | 4,016.76 | 4,425 | n/a | 6.7% | 7.4% | 6.7% | 7.0% | 4.5% | n/a | 0.6% | −0.2% | 13.7 y |
| Edelweiss Ultra Short Term Fund Edelweiss Mutual Fund | 1,007.00 | 896 | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | 0.1 y |
| Franklin India Ultra Short Term Fund Franklin Templeton Mutual Fund | 11.56 | 300 | 0.29% | 6.5% | n/a | n/a | n/a | n/a | n/a | n/a | n/a | 2.1 y |
| HDFC Ultra Short Term Fund HDFC Mutual Fund | 16.75 | 15,675 | n/a | 6.4% | 7.2% | 6.6% | 6.1% | 5.0% | n/a | 0.6% | −0.2% | 8.0 y |
| ICICI Prudential Ultra Short term Fund ICICI Prudential Mutual Fund | 32.51 | 15,236 | n/a | 6.6% | 7.4% | 6.8% | 7.7% | 5.5% | n/a | 0.6% | −0.2% | 13.7 y |
| Invesco India Ultra Short Term Fund Invesco Mutual Fund | 3,124.29 | 1,483 | 0.27% | 6.7% | 7.4% | 6.6% | 7.4% | 4.7% | n/a | 0.5% | −0.3% | 13.7 y |
| ITI Ultra Short Term Fund ITI Mutual Fund | 1,384.42 | 167 | 0.21% | 6.5% | 7.1% | 6.4% | 7.1% | 5.6% | n/a | 0.5% | −0.2% | 5.4 y |
| Kotak Ultra Short Term Fund Kotak Mahindra Mutual Fund | 48.64 | 15,715 | n/a | 6.5% | 7.2% | 6.6% | 7.4% | 4.9% | n/a | 0.6% | −0.3% | 13.7 y |
| LIC MF Ultra Short Term Fund LIC Mutual Fund | 1,465.42 | 1,420 | 0.25% | 6.7% | 7.3% | 6.3% | 5.9% | 4.1% | n/a | 0.5% | −0.1% | 6.8 y |
| Mahindra Manulife Ultra Short Term Fund Mahindra Manulife Mutual Fund | 1,527.68 | 205 | n/a | 6.6% | 7.3% | 6.6% | 6.4% | 4.8% | n/a | 0.5% | −0.2% | 7.0 y |
| Mirae Asset Ultra Short-Term Fund Mirae Asset Mutual Fund | 1,435.41 | 1,808 | 0.22% | 6.7% | 7.4% | 6.7% | 7.1% | 5.0% | n/a | 0.6% | −0.2% | 6.0 y |
| Motilal Oswal Ultra Short Term Fund Motilal Oswal Mutual Fund | 18.80 | 534 | 0.25% | 6.2% | 6.4% | 5.8% | 4.4% | 0.0% | n/a | 0.4% | −0.2% | 13.1 y |
| Nippon India Ultra Short Term Fund Nippon India Mutual Fund | 4,835.77 | 11,551 | n/a | 7.0% | 7.6% | 7.0% | 7.0% | 4.8% | n/a | 0.5% | −0.2% | 8.4 y |
| PGIM India Ultra Short Term Fund PGIM India Mutual Fund | 38.48 | 232 | 0.33% | 6.3% | 7.1% | 6.5% | 7.2% | 4.8% | n/a | 0.5% | −0.2% | 10.6 y |
| SBI ULTRA SHORT TERM FUND SBI Mutual Fund | 6,579.12 | 11,237 | n/a | 6.4% | 7.2% | 6.5% | 7.4% | 4.7% | n/a | 0.5% | −0.3% | 13.7 y |
| Sundaram Ultra Short Term Fund (Formerly Known as Sundaram Ultra Short Duration Fund) Sundaram Mutual Fund | 3,173.41 | 2,108 | n/a | 6.5% | 7.3% | n/a | 7.3% | 6.7% | n/a | 0.5% | n/a | 4.7 y |
| Tata Ultra Short Term Fund Tata Mutual Fund | 16.21 | 5,404 | n/a | 7.0% | 7.5% | 6.8% | 6.0% | 4.8% | n/a | 0.5% | −0.2% | 7.7 y |
| Union Short Term Fund Union Mutual Fund | 11.08 | 111 | 0.35% | 4.8% | n/a | n/a | n/a | n/a | n/a | n/a | n/a | 1.7 y |
| UTI Ultra Short Term Fund UTI Mutual Fund | 4,931.48 | 3,017 | 0.38% | 6.6% | 7.3% | 6.7% | 6.8% | 4.8% | n/a | 0.5% | −0.2% | 13.7 y |
| WhiteOak Capital Ultra Short Term Fund WhiteOak Capital Mutual Fund | 1,523.75 | 549 | 0.27% | 6.4% | 7.0% | 6.3% | 6.0% | 4.3% | n/a | 0.5% | −0.2% | 7.3 y |
Returns are from NAVs (after expenses, before tax); 3Y and 5Y are annualised. Rolling figures use every business-day start date in the scheme's history; beat-rate is the share of 3-year windows ahead of a benchmark — not available for this category in MFIC's free data. Std dev is annualised over 36 months. AUM is the whole scheme (all plans) and TER is for the plan shown, both as disclosed to AMFI. "n/a" means the scheme's history is too short or the data is still loading. Listed alphabetically; no order of preference is implied. Full definitions: MFIC methodology.
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