Debt Ultra Short Duration Low to Moderate Risk
The investment objective of the scheme is to generate regular income and provide liquidity by investing primarily in a portfolio comprising of debt & money market instruments.
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 | 0.69% | 1.64% | 2.91% | 4.47% | 6.36% | 7.07% | 7.16% | 6.8% | 6.17% | 0% | 5.89% |
| 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 | 0.13% | 1.3% | 2.64% | 4.22% | 5.99% | 14.28% | 22.7% | 30.29% | 34.81% | 0% | 37.68% |
| Rank within category | 4 | 7 | 4 | 1 | 2 | 2 | 2 | 2 | 5 | 14 | N/A |
| Total Schemes in Category | 25 | 25 | 25 | 25 | 25 | 24 | 24 | 24 | 23 | 13 | N/A |
| Ultra Short Duration | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|
| Yearly returns | N/A | 3.46% | 4.67% | 7.11% | 7.65% | 7.18% | 2% |
| Q1 returns | N/A | 0.77% | 0.97% | 1.71% | 1.94% | 1.93% | 1.22% |
| Q2 returns | N/A | 0.86% | 0.85% | 1.82% | 1.8% | 2% | 0.77% |
| Q3 Returns | N/A | 0.9% | 1.2% | 1.68% | 1.89% | 1.56% | N/A |
| Q4 Returns | N/A | 0.89% | 1.57% | 1.72% | 1.81% | 1.51% | N/A |
Expense ratio: 0.4%
Inclusive of GST
Exit load
Nil
| Alpha | 0.0555004 |
| Beta | 0.4958 |
| Sharpe Ratio | 0.437009 |
| Sortino Ratio | 0.183419 |
| R-Squared | 0.5431 |
| Tracking Error | 0.11 |
| Downside Risk | 0.0704 |
| Std. Deviation (Annualised) | 0.3776 |
| 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 Current | 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 | 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 % |
|---|---|---|
|
|
Certificate of Deposit | 43.60% |
| Treasury Bills | 11.59% | |
| Cash & Cash Equivalents and Net Assets | 5.63% | |
| Corporate Debt | 25.03% | |
| Commercial Paper | 13.38% | |
| Alternative Investment Fund | 0.41% | |
| Government Securities | 0.36% |
| Sector Allocation | Sector | Assets % |
|---|---|---|
| Others | 100.00% |
| Name | Sector | Instrument | Assets % |
|---|---|---|---|
| Punjab National Bank (MD 15/09/2026)# | Certificate of Deposit | 8.58% | |
| 91 Days Treasury Bills (MD 14/05/2026) | Treasury Bills | 8.44% | |
| 5.35% Reverse Repo | Cash & Cash Equivalents and Net Assets | 4.89% | |
| 7.60% Power Finance Corporation Ltd. (MD 20/02/2027)** | Corporate Debt | 3.89% | |
| Angel One Ltd. (MD 05/06/2026)** | Commercial Paper | 3.50% | |
| Canara Bank (MD 15/06/2026)# | Certificate of Deposit | 3.50% | |
| Axis Bank Ltd. (MD 10/08/2026)**# | Certificate of Deposit | 3.46% | |
| Muthoot Finance Ltd. (MD 08/09/2026)** | Commercial Paper | 3.43% | |
| Kotak Mahindra Bank Ltd. (MD 24/09/2026)**# | Certificate of Deposit | 3.43% | |
| HDFC Bank Ltd. (MD 14/12/2026)**# | Certificate of Deposit | 3.37% | |
| Tata Capital Housing Finance Ltd. (MD 03/02/2027)** | Commercial Paper | 3.34% | |
| HDFC Bank Ltd. (MD 24/02/2027)# | Certificate of Deposit | 3.32% | |
| 7.98% Sundaram Home Finance Ltd. (MD 04/09/2026)** | Corporate Debt | 3.18% | |
| Kotak Mahindra Bank Ltd. (MD 12/02/2027)**# | Certificate of Deposit | 3.13% | |
| 7.50% National Bank for Agriculture and Rural Development (MD 31/08/2026)** | Corporate Debt | 2.11% | |
| 7.43% Small Industries Development Bank of India (MD 31/08/2026)** | Corporate Debt | 2.11% | |
| 7.44% Small Industries Development Bank of India (MD 04/09/2026) | Corporate Debt | 1.76% | |
| 7.27% Indian Railway Finance Corporation Ltd. (MD 15/06/2027)** | Corporate Debt | 1.76% | |
| 7.05% Embassy Office Parks Reit (MD 18/10/2026)** | Corporate Debt | 1.76% | |
| 7.30% Shriram Pistons & Rings Ltd. (MD 23/08/2027)** | Corporate Debt | 1.75% | |
| 182 Days Treasury Bills (MD 18/06/2026) | Treasury Bills | 1.75% | |
| Bank of Baroda (MD 15/06/2026)# | Certificate of Deposit | 1.75% | |
| Embassy Office Parks Reit (MD 16/06/2026)** | Commercial Paper | 1.75% | |
| HDFC Bank Ltd. (MD 06/11/2026)**# | Certificate of Deposit | 1.70% | |
| Export-Import Bank of India (MD 11/11/2026)**# | Certificate of Deposit | 1.70% | |
| HDFC Bank Ltd. (MD 22/01/2027)**# | Certificate of Deposit | 1.67% | |
| ICICI Bank Ltd. (MD 12/02/2027)**# | Certificate of Deposit | 1.67% | |
| National Bank for Agriculture and Rural Development (MD 02/03/2027)**# | Certificate of Deposit | 1.66% | |
| National Bank for Agriculture and Rural Development (MD 17/03/2027)**# | Certificate of Deposit | 1.66% | |
| National Bank for Agriculture and Rural Development (MD 18/03/2027)**# | Certificate of Deposit | 1.66% | |
| 7.80% National Bank for Agriculture and Rural Development (MD 15/03/2027)** | Corporate Debt | 1.41% | |
| 7.55% Small Industries Development Bank of India (MD 22/09/2026)** | Corporate Debt | 1.41% | |
| 182 Days Treasury Bills (MD 14/05/2026) | Treasury Bills | 1.41% | |
| 8.14% Kotak Mahindra Prime Ltd. (MD 10/02/2027)** | Corporate Debt | 1.06% | |
| Indostar Capital Finance Ltd. (MD 15/10/2026)** | Commercial Paper | 1.02% | |
| Net Receivables / (Payables) | Cash & Cash Equivalents and Net Assets | 0.74% | |
| 9.95% Indostar Capital Finance Ltd. (MD 26/06/2026)** | Corporate Debt | 0.71% | |
| 7.77% HDFC Bank Ltd. (MD 28/06/2027)** | Corporate Debt | 0.71% | |
| 9.95% Indostar Capital Finance Ltd. (MD 27/05/2026)** | Corporate Debt | 0.71% | |
| 8.75% Piramal Finance Ltd. (MD 29/10/2027)** | Corporate Debt | 0.71% | |
| Small Industries Development Bank of India (MD 06/11/2026)**# | Certificate of Deposit | 0.68% | |
| National Bank for Agriculture and Rural Development (MD 17/02/2027)# | Certificate of Deposit | 0.67% | |
| Corporate Debt Market Development Fund - Class A2# | Alternative Investment Fund | 0.41% | |
| 8.19% State Government of Kerala (MD 19/12/2028) | Government Securities | 0.36% | |
| Birla Group Holding Pvt. Ltd. (MD 22/05/2026)** | Commercial Paper | 0.35% | |
| TREPS | Cash & Cash Equivalents and Net Assets | 0.01% | |
| 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 provide liquidity by investing primarily in a portfolio comprising of debt & money market instruments.
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: 5.99%
3-year: 7.05%
5-year: 6.15%
Top holdings include names such as:
The NAV is around ₹1,376.76 (approx.) for the Mirae Asset Ultra Short Duration Fund - Regular Plan - Growth.
The fund’s AUM is approximately ₹1,420 Cr.
The expense ratio for the Regular Plan is 0.4.
Nil.
Minimum SIP starts at ₹1000.
The minimum lump sum investment is ₹5000. 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: Basant Bafna
This fund is suitable for investors with a Low to Moderate risk tolerance.
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