Debt Ultra Short Duration Low to Moderate Risk Fund Managers: Sachin Jain, Hardik Shah
Debt Ultra Short Duration Low to Moderate Risk
The investment objective of the Scheme is to generate regular income and capital appreciation byinvesting in a portfolio of short term debt and money market instruments with relatively lower interestrate risk such that Macaulay duration of the portfolio is between 3 months and 6 months.
Expert-managed portfolios tailored to your financial goals.
Estimation is based on the past performance
| Ultra Short Duration | 1M | 3M | 6M | 9M | 1Y | 2Y | 3Y | 4Y | 5Y | 10Y | ALL |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund returns | 0.43% | 1.23% | 2.56% | 4.02% | 5.84% | 6.46% | 6.55% | 6.15% | 5.57% | 0% | 5.82% |
| Category returns | 0.47% | 1.29% | 2.65% | 4.09% | 5.96% | 6.57% | 6.66% | 6.26% | 5.76% | 5.96% | N/A |
| Absolute returns | 0.43% | 1.23% | 2.56% | 4.02% | 5.87% | 13.35% | 20.98% | 27% | 31.18% | 0% | 53.53% |
| Rank within category | 23 | 19 | 19 | 17 | 17 | 16 | 16 | 15 | 14 | 14 | N/A |
| Total Schemes in Category | 25 | 25 | 25 | 25 | 25 | 24 | 24 | 24 | 23 | 13 | N/A |
| Ultra Short Duration | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|---|
| Yearly returns | N/A | 7.6% | 5.22% | 3.17% | 4.16% | 6.53% | 7.03% | 6.6% | 1.31% |
| Q1 returns | N/A | 1.98% | 1.44% | 0.78% | 0.91% | 1.62% | 1.81% | 1.78% | 1.2% |
| Q2 returns | N/A | 1.74% | 1.54% | 0.85% | 0.62% | 1.68% | 1.64% | 1.87% | 0.1% |
| Q3 Returns | N/A | 1.98% | 1.11% | 0.8% | 1.12% | 1.53% | 1.75% | 1.41% | N/A |
| Q4 Returns | 2.15% | 1.69% | 1.03% | 0.71% | 1.44% | 1.56% | 1.65% | 1.38% | N/A |
Expense ratio: 1.2%
Inclusive of GST
Exit load
Nil
| Alpha | -0.00263929 |
| Beta | 0.1132 |
| Sharpe Ratio | 0.0278104 |
| Sortino Ratio | 0.0120641 |
| R-Squared | 0.3476 |
| Tracking Error | 0.4954 |
| Downside Risk | 0.0682 |
| Std. Deviation (Annualised) | 0.3656 |
| Ultra Short Duration | 1M | 3M | 6M | 9M | 1Y | 3Y | 5Y | 10Y | ALL | Fund Size (Cr) | Expense Ratio | Sharpe | Risk |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Aditya Birla Sun Life Savings Fund - Regular Plan - Growth | 0.45% | 1.33% | 2.88% | 4.45% | 6.53% | 7.31% | 6.3% | 6.91% | 7.39% | 19,347.80 | 0.59 | 0.53 | Moderate |
| Mirae Asset Ultra Short Duration Fund - Regular Plan - Growth | 0.48% | 1.32% | 2.76% | 4.36% | 6.34% | 7.14% | 6.11% | 0% | 5.87% | 1,640.39 | 0.46 | 0.48 | Low to Moderate |
| Baroda BNP Paribas Ultra Short Duration Fund - Regular Plan - Growth | 0.51% | 1.35% | 2.76% | 4.28% | 6.24% | 7.04% | 6.14% | 0% | 6.27% | 705.16 | 0.48 | 0.41 | Low to Moderate |
| HSBC Ultra Short Duration Fund - Regular Plan - Growth | 0.54% | 1.42% | 2.9% | 4.36% | 6.35% | 7.02% | 5.98% | 0% | 5.78% | 2,470.01 | 0.33 | 0.36 | Low to Moderate |
| ICICI Prudential Ultra Short Term Fund - Growth | 0.46% | 1.34% | 2.76% | 4.34% | 6.35% | 7% | 6.06% | 6.78% | 7.38% | 13,619.40 | 0.77 | 0.37 | Moderate |
| SBI Ultra Short Duration Fund - Regular Plan - Growth | 0.46% | 1.34% | 2.78% | 4.32% | 6.24% | 6.97% | 5.94% | 6.43% | 7.05% | 11,847.10 | 0.56 | 0.37 | Moderate |
| HDFC Ultra Short Term Fund - Regular Plan - Growth | 0.47% | 1.29% | 2.75% | 4.22% | 6.21% | 6.96% | 5.95% | 0% | 6.28% | 16,037.10 | 0.73 | 0.31 | Moderate |
| Bandhan Ultra Short Duration Fund - Regular Plan - Growth | 0.47% | 1.32% | 2.73% | 4.26% | 6.18% | 6.95% | 5.92% | 0% | 6.19% | 3,527.77 | 0.47 | 0.34 | Low to Moderate |
| Mahindra Manulife Ultra Short Duration Fund - Regular Plan - Growth | 0.51% | 1.35% | 2.71% | 4.21% | 6.08% | 6.85% | 5.84% | 0% | 5.76% | 193.71 | 0.70 | 0.27 | Moderate |
| Axis Ultra Short Duration Fund - Regular Plan - Growth Current | 0.43% | 1.23% | 2.56% | 4.02% | 5.84% | 6.55% | 5.57% | 0% | 5.82% | 3,958.30 | 1.20 | 0.03 | Low to Moderate |
| Instrument Allocation | Instrument | Assets % |
|---|---|---|
|
|
Corporate Debt | 46.88% |
| Certificate of Deposit | 47.09% | |
| Commercial Paper | 1.79% | |
| Treasury Bills | 1.26% | |
| PTC & Securitized Debt | 4.41% | |
| Alternative Investment Fund | 0.45% | |
| Government Securities | 0.38% | |
| Derivatives-Options (Others) | 0.07% | |
| Cash & Cash Equivalents and Net Assets | -2.33% |
| Sector Allocation | Sector | Assets % |
|---|---|---|
| Others | 100.00% |
| Name | Sector | Instrument | Assets % |
|---|---|---|---|
| 7.77% REC Limited (30/09/2026) ** | Corporate Debt | 5.30% | |
| Punjab National Bank (15/09/2026) ** | Certificate of Deposit | 4.89% | |
| Small Industries Dev Bank of India (28/01/2027) ** | Certificate of Deposit | 4.77% | |
| Union Bank of India (25/06/2026) ** | Certificate of Deposit | 4.22% | |
| Kotak Mahindra Bank Limited (31/08/2026) ** | Certificate of Deposit | 4.17% | |
| HDFC Bank Limited (13/11/2026) ** | Certificate of Deposit | 3.63% | |
| National Bank For Agriculture and Rural Development (14/01/2027) ** | Certificate of Deposit | 3.58% | |
| Bank of Baroda (10/09/2026) ** | Certificate of Deposit | 3.06% | |
| Small Industries Dev Bank of India (04/02/2027) ** | Certificate of Deposit | 2.98% | |
| 9% Piramal Finance Limited (28/06/2027) ** | Corporate Debt | 2.53% | |
| 8.15% Godrej Properties Limited (03/07/2026) ** | Corporate Debt | 2.52% | |
| 8.05% Muthoot Finance Limited (25/11/2027) ** | Corporate Debt | 2.52% | |
| 8.25% Narayana Hrudayalaya Limited (19/03/2029) ** | Corporate Debt | 2.52% | |
| Bank of Baroda (11/01/2027) ** | Certificate of Deposit | 2.39% | |
| Bank of Baroda (27/01/2027) ** | Certificate of Deposit | 2.38% | |
| Bank of Baroda (02/02/2027) ** | Certificate of Deposit | 2.38% | |
| Bank of Baroda (05/02/2027) ** | Certificate of Deposit | 2.38% | |
| IndusInd Bank Limited (27/01/2027) ** | Certificate of Deposit | 2.38% | |
| 7.70% REC Limited (31/08/2026) ** | Corporate Debt | 1.89% | |
| 7.69% LIC Housing Finance Limited (11/12/2026) ** | Corporate Debt | 1.89% | |
| 7.44% Small Industries Dev Bank of India (04/09/2026) ** | Corporate Debt | 1.89% | |
| 6.50% Tata Capital Housing Finance Limited (15/06/2026) ** | Corporate Debt | 1.89% | |
| Panatone Finvest Limited (11/01/2027) ** | Commercial Paper | 1.79% | |
| 8.30% Godrej Industries Limited (12/06/2026) ** | Corporate Debt | 1.52% | |
| 8.02% Mindspace Business Parks REIT (13/04/2026) ** | Corporate Debt | 1.52% | |
| 9.95% IndoStar Capital Finance Limited (27/05/2026) ** | Corporate Debt | 1.39% | |
| 9.75% Nuvama Wealth Finance Limited (17/01/2028) ** | Corporate Debt | 1.39% | |
| 7.97% Mankind Pharma Limited (16/11/2027) ** | Corporate Debt | 1.27% | |
| 7.75% Mindspace Business Parks REIT (30/06/2026) ** | Corporate Debt | 1.26% | |
| 7.58% National Bank For Agriculture and Rural Development (31/07/2026) | Corporate Debt | 1.26% | |
| 9.25% SK Finance Limited (24/10/2027) ** | Corporate Debt | 1.26% | |
| 8.75% 360 One Prime Limited (10/09/2027) ** | Corporate Debt | 1.26% | |
| 7.55% Poonawalla Fincorp Limited (25/03/2027) ** | Corporate Debt | 1.26% | |
| 182 Days Tbill (MD 30/04/2026) | Treasury Bills | 1.26% | |
| National Bank For Agriculture and Rural Development (18/09/2026) ** | Certificate of Deposit | 1.22% | |
| 8.75% Shriram Finance Limited (15/06/2026) ** | Corporate Debt | 1.21% | |
| Small Industries Dev Bank of India (18/02/2027) ** | Certificate of Deposit | 1.19% | |
| Liquid Gold Series (20/01/2028) ** | PTC & Securitized Debt | 1.18% | |
| Sansar Trust (25/04/2031) ** | PTC & Securitized Debt | 1.12% | |
| Liquid Gold Series (20/10/2027) ** | PTC & Securitized Debt | 1.07% | |
| 7.99% Mankind Pharma Limited (16/04/2026) ** | Corporate Debt | 0.88% | |
| 8.8% 360 One Prime Limited (22/06/2028) ** | Corporate Debt | 0.76% | |
| 9.10% Shriram Finance Limited (18/03/2027) ** | Corporate Debt | 0.64% | |
| 8.52% Muthoot Finance Limited (07/04/2028) ** | Corporate Debt | 0.63% | |
| 8.75% Godrej Finance Limited (18/01/2027) ** | Corporate Debt | 0.63% | |
| 9.2% Shriram Finance Limited (22/05/2026) ** | Corporate Debt | 0.63% | |
| 8.36% Godrej Industries Limited (28/08/2026) ** | Corporate Debt | 0.63% | |
| 7.7954% Reliance Life Sciences Private Limited (08/05/2026) ** # | Corporate Debt | 0.63% | |
| 8.95% Phoenix Arc Limited (23/03/2028) ** | Corporate Debt | 0.63% | |
| 6.8% Embassy Office Parks REIT (07/09/2026) ** | Corporate Debt | 0.63% | |
| 8.95% Phoenix Arc Limited (22/12/2028) ** | Corporate Debt | 0.63% | |
| 7.27% Tata Capital Housing Finance Limited (25/04/2028) ** | Corporate Debt | 0.63% | |
| HDFC Bank Limited (11/09/2026) | Certificate of Deposit | 0.61% | |
| The Federal Bank Limited (08/06/2026) ** | Certificate of Deposit | 0.50% | |
| 8.32% Torrent Power Limited (28/02/2027) ** | Corporate Debt | 0.48% | |
| India Universal Trust (21/11/2026) ** | PTC & Securitized Debt | 0.45% | |
| SBI - Corporate Debt Market Development Fund (CDMDF) - Class A2 | Alternative Investment Fund | 0.45% | |
| 8.20% Tata Projects Limited (27/04/2026) ** | Corporate Debt | 0.38% | |
| Export Import Bank of India (11/06/2026) ** | Certificate of Deposit | 0.37% | |
| Sansar Trust (25/06/2030) ** | PTC & Securitized Debt | 0.33% | |
| India Universal Trust (20/09/2026) ** | PTC & Securitized Debt | 0.26% | |
| 8.4% Nirma Limited (07/04/2026) ** | Corporate Debt | 0.25% | |
| 7.64% Uttar Pradesh State Development Loans (29/03/2027) | Government Securities | 0.13% | |
| 7.62% Tamilnadu State Development Loans (09/08/2026) | Government Securities | 0.13% | |
| 7.63% Andhra Pradesh State Development Loans (09/08/2026) | Government Securities | 0.13% | |
| 9.4% IndoStar Capital Finance Limited (18/06/2027) ** | Corporate Debt | 0.13% | |
| 7.27% Sundaram Home Finance Limited (24/05/2027) ** | Corporate Debt | 0.13% | |
| Interest Rate Swaps Pay Fix Receive Floating -HSBC BANK (30/09/2027) (FV 10000 Lacs) | Derivatives-Options (Others) | 0.03% | |
| Interest Rate Swaps Pay Fix Receive Floating -NOMURA (15/06/2026) (FV 20000 Lacs) | Derivatives-Options (Others) | 0.01% | |
| Interest Rate Swaps Pay Fix Receive Floating -BARC (12/09/2026) (FV 15000 Lacs) | Derivatives-Options (Others) | 0.01% | |
| Interest Rate Swaps Pay Fix Receive Floating -ICISECPD (13/06/2026) (FV 12500 Lacs) | Derivatives-Options (Others) | 0.01% | |
| Interest Rate Swaps Pay Fix Receive Floating -IDFC BANK (29/07/2026) (FV 25000 Lacs) | Derivatives-Options (Others) | 0.00% | |
| Net Receivables / (Payables) | Cash & Cash Equivalents and Net Assets | -2.33% | |
| Total | 100.00% |
RETURNS
It is an Open ended scheme that primarily invests in Ultra Short Duration.
The investment objective of the Scheme is to generate regular income and capital appreciation byinvesting in a portfolio of short term debt and money market instruments with relatively lower interestrate risk such that Macaulay duration of the portfolio is between 3 months and 6 months.
The scheme benchmark is the NIFTY Ultra Short Duration Debt Index
It is classified as Low to Moderate Risk, suitable for investors with a Low to Moderate risk appetite.
Returns Delivered by the funds are as follows:
1-year: 5.87%
3-year: 6.55%
5-year: 5.57%
Top holdings include names such as:
The NAV is around ₹15.35 (approx.) for the Axis Ultra Short Duration Fund - Regular Plan - Growth.
The fund’s AUM is approximately ₹3,958 Cr.
The expense ratio for the Regular Plan is 1.2.
Nil.
Minimum SIP starts at ₹100.
The minimum lump sum investment is ₹100. Often platforms may require higher in practice, but the statutory minimum remains the same.
You can start a SIP through:
Broker/agent platform like Sharescart.
Enter KYC details, choose the Regular Growth option, set SIP amount/frequency, and submit.
Yes. You can modify your SIP amount or frequency anytime online through the Sharescart platform.
You can redeem online via the Sharescart platform — choose the scheme, select the amount/units, and submit. Proceeds are credited to your bank account.
The fund managers: Sachin Jain, Hardik Shah
This fund is suitable for investors with a Low to Moderate risk tolerance.
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