Debt Ultra Short Duration Low to Moderate Risk
The Scheme seeks to offer an investment avenue for short term savings by looking to generate stable returns with a low risk strategy from a portfolio that is invested in debt and money market securities such that the Macaulay duration of the portfolio is between 3 to 6 months.There is no assurance or guarantee that the objectives of the scheme will be realised.
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 | 0.66% | 1.65% | 2.91% | 4.41% | 6.23% | 6.88% | 6.97% | 6.63% | 5.98% | 0% | 6.21% |
| Category returns | 0.62% | 1.58% | 2.78% | 4.2% | 5.96% | 6.59% | 6.67% | 6.34% | 5.81% | 5.96% | N/A |
| Absolute returns | 0.09% | 1.29% | 2.62% | 4.15% | 5.84% | 13.84% | 22.05% | 29.58% | 33.6% | 0% | 60.01% |
| Rank within category | 8 | 4 | 3 | 6 | 6 | 6 | 6 | 6 | 8 | 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 | 8.02% | 5.63% | 3.28% | 4.4% | 7.02% | 7.44% | 6.94% | 2.01% |
| Q1 returns | N/A | 2.16% | 1.57% | 0.75% | 0.96% | 1.74% | 1.9% | 1.87% | 1.28% |
| Q2 returns | N/A | 1.89% | 2.1% | 0.83% | 0.64% | 1.8% | 1.81% | 1.96% | 0.72% |
| Q3 Returns | N/A | 2.07% | 0.91% | 0.84% | 1.21% | 1.65% | 1.79% | 1.49% | N/A |
| Q4 Returns | 2.31% | 1.68% | 0.94% | 0.82% | 1.53% | 1.65% | 1.75% | 1.45% | N/A |
Expense ratio: 0.39%
Inclusive of GST
Exit load
Nil
| Alpha | 0.0392403 |
| Beta | 0.4767 |
| Sharpe Ratio | 0.29721 |
| Sortino Ratio | 0.123808 |
| R-Squared | 0.5329 |
| Tracking Error | 0.1118 |
| Downside Risk | 0.0755 |
| Std. Deviation (Annualised) | 0.3676 |
| 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 | 0.58% | 1.61% | 2.87% | 4.46% | 6.45% | 7.29% | 6.32% | 6.92% | 7.39% | 19,347.80 | 0.59 | 0.51 | Moderate |
| Mirae Asset Ultra Short Duration Fund - Regular Plan - Growth | 0.69% | 1.64% | 2.91% | 4.47% | 6.36% | 7.16% | 6.17% | 0% | 5.89% | 1,640.39 | 0.44 | 0.48 | Low to Moderate |
| Baroda BNP Paribas Ultra Short Duration Fund - Regular Plan - Growth | 0.7% | 1.7% | 2.94% | 4.43% | 6.3% | 7.06% | 6.19% | 0% | 6.29% | 705.16 | 0.47 | 0.40 | Low to Moderate |
| ICICI Prudential Ultra Short Term Fund - Growth | 0.56% | 1.6% | 2.87% | 4.43% | 6.33% | 7% | 6.1% | 6.77% | 7.38% | 13,619.40 | 0.77 | 0.36 | Moderate |
| HSBC Ultra Short Duration Fund - Regular Plan - Growth | 0.64% | 1.69% | 2.97% | 4.45% | 6.28% | 6.99% | 6.04% | 0% | 5.8% | 2,470.01 | 0.33 | 0.36 | Low to Moderate |
| Bandhan Ultra Short Duration Fund - Regular Plan - Growth Current | 0.66% | 1.65% | 2.91% | 4.41% | 6.23% | 6.97% | 5.98% | 0% | 6.21% | 3,527.77 | 0.47 | 0.34 | Low to Moderate |
| SBI Ultra Short Duration Fund - Regular Plan - Growth | 0.54% | 1.56% | 2.88% | 4.38% | 6.19% | 6.96% | 5.98% | 6.42% | 7.05% | 11,847.10 | 0.56 | 0.36 | Moderate |
| HDFC Ultra Short Term Fund - Regular Plan - Growth | 0.57% | 1.57% | 2.76% | 4.27% | 6.09% | 6.92% | 5.98% | 0% | 6.29% | 16,037.10 | 0.73 | 0.30 | Low to Moderate |
| Mahindra Manulife Ultra Short Duration Fund - Regular Plan - Growth | 0.69% | 1.7% | 2.9% | 4.34% | 6.14% | 6.87% | 5.9% | 0% | 5.78% | 193.71 | 0.70 | 0.27 | Moderate |
| Invesco India Ultra Short Duration Fund - Regular Plan - Growth | 0.67% | 1.61% | 2.84% | 4.28% | 6.06% | 6.85% | 5.78% | 6.29% | 7.01% | 963.47 | 0.79 | 0.23 | Moderate |
| Instrument Allocation | Instrument | Assets % |
|---|---|---|
|
|
Derivatives-Options (Others) | 0.01% |
| Treasury Bills | 12.74% | |
| Corporate Debt | 34.27% | |
| Certificate of Deposit | 49.88% | |
| Commercial Paper | 2.18% | |
| Government Securities | 1.13% | |
| Cash & Cash Equivalents and Net Assets | -0.50% | |
| Alternative Investment Fund | 0.30% |
| Sector Allocation | Sector | Assets % |
|---|---|---|
| Others | 100.00% |
| Name | Sector | Instrument | Assets % |
|---|---|---|---|
| Interest Rate Swaps (23/09/2026) Receive Floating | Derivatives-Options (Others) | 19.63% | |
| 91 Days Tbill (MD 22/05/2026) | Treasury Bills | 8.50% | |
| 7.77% REC Limited ** | Corporate Debt | 7.87% | |
| 7.98% Bajaj Housing Finance Limited ** | Corporate Debt | 5.62% | |
| Axis Bank Limited ** | Certificate of Deposit | 5.43% | |
| National Bank For Agriculture and Rural Development | Certificate of Deposit | 5.33% | |
| Kotak Mahindra Bank Limited ** | Certificate of Deposit | 4.94% | |
| Small Industries Dev Bank of India ** | Certificate of Deposit | 4.13% | |
| 7.5% National Bank For Agriculture and Rural Development ** | Corporate Debt | 3.59% | |
| 8.1% Tata Capital Housing Finance Limited | Corporate Debt | 3.38% | |
| Bank of Baroda ** | Certificate of Deposit | 3.23% | |
| 8.3% Tata Capital Limited | Corporate Debt | 2.82% | |
| 182 Days Tbill (MD 11/06/2026) | Treasury Bills | 2.23% | |
| Axis Bank Limited ** | Certificate of Deposit | 2.20% | |
| Barclays Investments & Loans (India) Private Limited ** | Commercial Paper | 2.18% | |
| Indian Bank ** | Certificate of Deposit | 2.16% | |
| HDFC Bank Limited | Certificate of Deposit | 2.16% | |
| Canara Bank ** | Certificate of Deposit | 2.13% | |
| Small Industries Dev Bank of India ** | Certificate of Deposit | 1.95% | |
| 7.38% Cholamandalam Investment and Finance Company Ltd ** | Corporate Debt | 1.67% | |
| Small Industries Dev Bank of India ** | Certificate of Deposit | 1.62% | |
| Bank of Baroda ** | Certificate of Deposit | 1.62% | |
| Punjab National Bank | Certificate of Deposit | 1.59% | |
| Small Industries Dev Bank of India | Certificate of Deposit | 1.59% | |
| 91 Days Tbill (MD 04/06/2026) | Treasury Bills | 1.45% | |
| 7.905% Tata Capital Limited ** | Corporate Debt | 1.12% | |
| 7.41% Indian Railway Finance Corporation Limited ** | Corporate Debt | 1.12% | |
| 7.58% National Bank For Agriculture and Rural Development | Corporate Debt | 1.12% | |
| 7.8% Tata Capital Housing Finance Limited ** | Corporate Debt | 1.12% | |
| 7.48% National Bank For Agriculture and Rural Development | Corporate Debt | 1.12% | |
| HDFC Bank Limited | Certificate of Deposit | 1.10% | |
| Axis Bank Limited ** | Certificate of Deposit | 1.09% | |
| Indian Bank ** | Certificate of Deposit | 1.08% | |
| Small Industries Dev Bank of India ** | Certificate of Deposit | 1.08% | |
| Axis Bank Limited ** | Certificate of Deposit | 1.08% | |
| Canara Bank | Certificate of Deposit | 1.06% | |
| HDFC Bank Limited ** | Certificate of Deposit | 1.06% | |
| Small Industries Dev Bank of India ** | Certificate of Deposit | 1.06% | |
| 7.98% Bajaj Housing Finance Limited ** | Corporate Debt | 0.68% | |
| 8.78% Muthoot Finance Limited ** | Corporate Debt | 0.56% | |
| 8.1% Bajaj Housing Finance Limited ** | Corporate Debt | 0.56% | |
| 8.97% Muthoot Finance Limited ** | Corporate Debt | 0.56% | |
| 7.44% Small Industries Dev Bank of India | Corporate Debt | 0.56% | |
| 7.53% National Bank For Agriculture and Rural Development | Corporate Debt | 0.56% | |
| 182 Days Tbill (MD 04/06/2026) | Treasury Bills | 0.56% | |
| Bank of Baroda ** | Certificate of Deposit | 0.53% | |
| ICICI Bank Limited ** | Certificate of Deposit | 0.53% | |
| 6.87% Uttar Pradesh SDL (MD 30/11/2026) | Government Securities | 0.45% | |
| Cash Margin - CCIL | Cash & Cash Equivalents and Net Assets | 0.33% | |
| Corporate Debt Market Development Fund Class A2 | Alternative Investment Fund | 0.30% | |
| 7.62% Export Import Bank of India ** | Corporate Debt | 0.22% | |
| 8.15% Tamil Nadu SDL (MD 09/05/2028) | Government Securities | 0.11% | |
| 7.61% Tamil Nadu SDL (MD 15/02/2027) | Government Securities | 0.11% | |
| 7.27% Karnataka SDL (MD 28/12/2026) | Government Securities | 0.11% | |
| 7.25% Maharashtra SDL (MD 28/12/2026) | Government Securities | 0.11% | |
| 7.2% Bihar SDL (MD 25/01/2027) | Government Securities | 0.11% | |
| 6.86% Haryana SDL (MD 23/11/2026) | Government Securities | 0.11% | |
| Union Bank of India ** | Certificate of Deposit | 0.11% | |
| Triparty Repo TRP_040526_VAL | Cash & Cash Equivalents and Net Assets | 0.04% | |
| Net Current Assets | Cash & Cash Equivalents and Net Assets | -0.87% | |
| Interest Rate Swaps (23/09/2026) Pay Fixed | Derivatives-Options (Others) | -19.62% | |
| Total | 100.00% |
Mr. Harshal Joshi has an overall experience of 5.5 years. He has been associated with IDFC Mutual Fund since December 2008 with Fixed Income Investment team. Prior to this, he was associated with ICAP India Pvt. Ltd.
RETURNS
It is an Open ended scheme that primarily invests in Ultra Short Duration.
The Scheme seeks to offer an investment avenue for short term savings by looking to generate stable returns with a low risk strategy from a portfolio that is invested in debt and money market securities such that the Macaulay duration of the portfolio is between 3 to 6 months.There is no assurance or guarantee that the objectives of the scheme will be realised.
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: 5.84%
3-year: 6.86%
5-year: 5.96%
Top holdings include names such as:
The NAV is around ₹16.00 (approx.) for the Bandhan Ultra Short Duration Fund - Regular Plan - Growth.
The fund’s AUM is approximately ₹4,458 Cr.
The expense ratio for the Regular Plan is 0.39.
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 manager: Harshal Joshi
This fund is suitable for investors with a Low to Moderate risk tolerance.
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