SBI Ultra Short to Short Term Fund
SBI Mutual Fund · Ultra Short to Short Term · Regular plan, growth option
NAV (₹), 1 Oct 2026
3,809.0083
1-day change
0.03%
1Y return
5.4%
3Y CAGR
6.7%
5Y CAGR
6.0%
Max drawdown, 5Y
−0.4%
NAV history month-end NAV, ₹ · 2 Aug 2007 to 1 Oct 2026
Returns vs Ultra Short to Short Term median (29 schemes)
| Period | Scheme | Category median |
|---|---|---|
| 1 month | 0.4% | 0.4% |
| 3 months | 1.2% | 1.2% |
| 6 months | 3.0% | 3.1% |
| Year to date | 4.0% | 4.2% |
| 1 year | 5.4% | 5.6% |
| 3 years (CAGR) | 6.7% | 6.8% |
| 5 years (CAGR) | 6.0% | 6.1% |
| 7 years (CAGR) | 5.8% | 6.0% |
| 10 years (CAGR) | 6.3% | 6.3% |
| Since first NAV (CAGR) | 7.2% | – |
Rolling returns every business-day start date
| Measure | Scheme | Category median |
|---|---|---|
| 1Y rolling median | 7.5% | 7.1% |
| 3Y rolling median | 7.4% | 7.2% |
| 3Y rolling worst | 4.3% | 4.5% |
| 3Y periods positive | 100% | 100% |
| 3Y periods ahead of benchmark | n/a | n/a |
| 5Y rolling median | 7.8% | 7.4% |
| 5Y rolling worst | 5.5% | 5.5% |
| 5Y periods ahead of benchmark | n/a | n/a |
Benchmark: none available in MFIC's free data for this category.
Risk 36 months, monthly returns, Rf 6.5%
| Measure | Scheme | Category median |
|---|---|---|
| Standard deviation (ann.) | 0.7% | 0.7% |
| Sharpe ratio | 0.00 | 0.14 |
| Sortino ratio | -0.01 | 0.21 |
| Beta | n/a | n/a |
| Alpha (ann.) | n/a | n/a |
| Upside capture | n/a | n/a |
| Downside capture | n/a | n/a |
Drawdowns peak-to-trough falls in NAV
| Measure | Scheme | Category median |
|---|---|---|
| Maximum drawdown, full history | −1.3% | −1.5% |
| Maximum drawdown, last 10Y | −1.3% | −1.5% |
| Maximum drawdown, last 5Y | −0.4% | −0.4% |
| Current drawdown | 0.0% | 0.0% |
| Recovery time of worst fall | n/a | – |
Longer histories include more crises, so compare the 5Y and 10Y figures across schemes of different ages.
Fund managers and scheme facts Scheme Summary Document via AMFI
Objective: To Provide Investors with an opportunity to generate regular income with high degree of liquidity through investments in a portfolio comprising predominantly of money market instruments with maturity / residual maturity up to one year and debt instruments which are rated not below investment grade by a credit rating agency.
Minimum application: ₹10,000
Allotment date: 19 Jul 2007
Documents: Scheme Information Document · Scheme Summary Document. Read the scheme documents before investing.
Cost, size and riskometer as disclosed to AMFI
| Measure | Scheme | Category median |
|---|---|---|
| Expense ratio (TER), Regular plan | 0.92% | 0.87% |
| AUM, whole scheme (₹ crore) | 10,942 | 2,290 |
| Riskometer | Moderate | – |
TER: AMFI, TER of MF Schemes. AUM and riskometer: AMFI, Fund Performance, 30 Sep 2026.
Official benchmark and category consistency
| Measure | Scheme | Benchmark / category |
|---|---|---|
| Return, 1 year (AMFI) | 5.4% | 6.0% TRI |
| Return, 3 years (AMFI) | 6.6% | 7.1% TRI |
| Return, 5 years (AMFI) | 6.0% | 6.4% TRI |
| Month-ends above category median (3Y CAGR) | 63% | 46% median |
| Month-ends in category top quartile (3Y) | 4% | 10% median |
| 7Y rolling CAGR, median (monthly windows) | 7.2% | 6.9% median |
Official benchmark: CRISIL Low Duration Debt A-I Index (total return index, as published by AMFI). Category consistency: last 10 years of month-ends, Ultra Short to Short Term Regular plans; how it is calculated.
Calendar-year returns NAV change from 31 Dec to 31 Dec
| Year | Scheme | Benchmark | Difference |
|---|---|---|---|
| 2026 YTD | 4.0% | n/a | – |
| 2025 | 7.0% | n/a | – |
| 2024 | 7.3% | n/a | – |
| 2023 | 6.7% | n/a | – |
| 2022 | 4.0% | n/a | – |
| 2021 | 3.2% | n/a | – |
| 2020 | 6.7% | n/a | – |
| 2019 | 8.3% | n/a | – |
| 2018 | 7.5% | n/a | – |
| 2017 | 6.6% | n/a | – |
No free benchmark proxy for this category. The first year starts from the first 31 December in the scheme's history.
Monthly SIP of ₹10,000 first business day of each month, ending 1 Oct 2026
| Period | Invested | Value | XIRR |
|---|---|---|---|
| 1 year | ₹1,20,000 | ₹1,23,585 | 5.6% |
| 3 years | ₹3,60,000 | ₹3,96,126 | 6.3% |
| 5 years | ₹6,00,000 | ₹7,05,212 | 6.4% |
| 10 years | ₹12,00,000 | ₹16,43,202 | 6.1% |
Uses this plan's NAVs; ignores stamp duty, exit loads and taxes. One historical path only — the interactive SIP analyzer shows outcomes across every start date.
Scheme facts
AMC: SBI Mutual Fund
Category: Ultra Short to Short Term
Plan / option: Regular · Growth
AMFI scheme code: 106217
ISIN: INF200K01MG8
First NAV in MFIC data: 2 Aug 2007
History: 19.2 years
Portfolio holdings: see the scheme's monthly portfolio disclosure on the fund house website
Schemes that behaved similarly correlation of monthly returns, last 5 years
| Scheme | Category | Correlation | 3Y CAGR |
|---|---|---|---|
| SBI Ultra Short to Short Term Fund | Ultra Short to Short Term | 1.00 | 6.7% |
| Axis Ultra Short to Short Term Fund | Ultra Short to Short Term | 0.99 | 7.1% |
| Axis Ultra Short to Short Term Fund | Ultra Short to Short Term | 0.99 | 7.1% |
| Nippon India Ultra Short to Short Term Fund | Ultra Short to Short Term | 0.99 | 6.8% |
| DSP Ultra Short to Short Term Fund | Ultra Short to Short Term | 0.99 | 6.8% |
| Mirae Asset Ultra Short to Short Term Fund | Ultra Short to Short Term | 0.99 | 6.8% |
Changes and data adjustments
- 13 Jan 2012: Data adjustment: NAV history adjusted for a 100:1 unit split or face-value change
Questions about SBI Ultra Short to Short Term Fund
- What is the latest NAV of SBI Ultra Short to Short Term Fund?
- The NAV of the Regular plan (growth option) was ₹3,809.0083 on 1 Oct 2026, as published by AMFI.
- Which category is SBI Ultra Short to Short Term Fund in?
- It is classified as Ultra Short to Short Term in AMFI's daily NAV file. MFIC compares it with 29 Ultra Short to Short Term schemes (Regular plans).
- What returns has SBI Ultra Short to Short Term Fund delivered?
- Over one year the NAV changed by 5.4%. The 3-year CAGR is 6.7% (category median 6.8%) and the 5-year CAGR is 6.0% (category median 6.1%). Returns are after expenses and before tax. Past performance may or may not be sustained in future.
- How consistent have its 3-year returns been?
- Measuring a 3-year CAGR from every business day in its history, the median was 7.4%, the lowest was 4.3%, and 100% of 3-year periods ended with a gain.
- What was the largest fall in SBI Ultra Short to Short Term Fund's NAV?
- The largest peak-to-trough fall in its available history was 1.3%; within the last five years it was 0.4% (category median 0.4%).
- How volatile is SBI Ultra Short to Short Term Fund?
- Its annualised standard deviation of monthly returns over the last 36 months is 0.7%, which is above the Ultra Short to Short Term category median of 0.7%.
- What would a monthly SIP in SBI Ultra Short to Short Term Fund have grown to?
- A SIP of ₹10,000 on the first business day of each month for the last 5 years (60 instalments, ₹6,00,000 invested) would have been worth about ₹7,05,212 on 1 Oct 2026, an annualised return (XIRR) of 6.4%. This uses the Regular plan's NAVs, ignores taxes and exit loads, and past performance may or may not be sustained in future.
- What is the expense ratio (TER) of SBI Ultra Short to Short Term Fund?
- The total expense ratio of the Regular plan is 0.92% a year, as disclosed to AMFI (median of Ultra Short to Short Term Regular plans: 0.87%). It is already deducted from the NAV, so every return shown is after expenses.
- How large is SBI Ultra Short to Short Term Fund?
- Assets under management of the whole scheme were ₹10,942 crore on 30 Sep 2026, as published by AMFI.
- What is the riskometer level of SBI Ultra Short to Short Term Fund?
- AMFI lists the scheme's riskometer as “Moderate”, and its benchmark's as “Low to Moderate”. The riskometer is a label of potential risk set under SEBI rules, not a forecast.
- What is the benchmark of SBI Ultra Short to Short Term Fund and how has it compared?
- Its official benchmark is the CRISIL Low Duration Debt A-I Index. Over 3 years AMFI reports a return of 6.6% for this plan against 7.1% for the benchmark total return index; over 5 years 6.0% against 6.4%. Past performance does not indicate future results.
- How often has SBI Ultra Short to Short Term Fund beaten its category?
- At 63% of the 120 month-ends compared over the last 10 years, its 3-year return was above the median of Ultra Short to Short Term schemes (Regular plans); it was in the top quarter at 4% of them. A typical scheme would show about 50%.
- What is the minimum investment in SBI Ultra Short to Short Term Fund?
- The minimum application amount is ₹10,000.
- What is the difference between the Direct and Regular plans?
- Both plans hold the same portfolio; the Regular plan includes distribution costs in its expense ratio. Over one year the Direct plan's NAV changed by 5.9% and the Regular plan's by 5.4%. The Regular plan includes the services of a distributor.
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Data & disclosure. Source: AMFI daily NAV file and historical NAVs via mfapi.in; calculations by MFIC, as of 1 Oct 2026. Category medians use Regular plans in the same AMFI category. Mutual fund investments are subject to market risks; read all scheme-related documents carefully. Past performance may or may not be sustained in future. This page is for research and education only and is not investment advice or a recommendation to buy, sell or hold any scheme. Integrato Financial Services Pvt. Ltd. is an AMFI-registered Mutual Fund Distributor (ARN-173155). Methodology.