Ultra Short Duration Mutual Funds

Ultra short duration funds are debt funds that lend to companies for a short duration of 3 to 6 months. They are very low-risk funds.

⏱ Horizon: Short
🔢 Total funds: 25
💰 Total AUM: 1,24,053 Cr

Best performing Ultra Short Duration Mutual Funds

Name	AUM (Cr)	Exp Ratio (%)	1Y Return	3Y CAGR	5Y CAGR
UTI Ultra Short Duration Fund	3,146.37	0.40	6.58%	7.34%	7.13%
Nippon India Ultra Short Duration Fund	11,658.55	0.34	6.93%	7.60%	6.94%
ICICI Pru Ultra Short Term Fund Fund	15,455.22	0.41	6.66%	7.44%	6.73%
Axis Ultra Short Duration Fund	5,907.80	0.36	6.70%	7.46%	6.71%
Aditya Birla SL Savings Fund	18,189.19	0.32	6.60%	7.51%	6.71%
Tata Ultra Short Term Fund	6,377.77	0.32	6.90%	7.52%	6.71%
Mirae Asset Ultra Short Duration Fund	1,467.05	0.23	6.70%	7.46%	6.64%
DSP Ultra Short Fund	4,456.08	0.30	6.65%	7.44%	6.60%
Baroda BNP Paribas Ultra Short Duration Fund	649.03	0.29	6.51%	7.26%	6.59%
Invesco India Ultra Short Duration Fund	1,073.02	0.28	6.65%	7.35%	6.56%

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Overview of Ultra Short Duration Mutual Funds

UTI Ultra Short Duration Fund

AUM
₹ 3,146.37 Cr.
Expense Ratio
0.4%
5Y CAGR
7.13%

Performance

The fund's annualised performance has been 7.41% since inception.

Risk

The fund has been categorised as Moderate by SEBI and has a standard deviation of 0.39% vs its category average of 0.42%.

Composition

Certificate of Deposit makes up for the majority of the fund at 50.62% along with the largest allocation towards Public Banks at 34.06%.

Nippon India Ultra Short Duration Fund

AUM
₹ 11,658.55 Cr.
Expense Ratio
0.34%
5Y CAGR
6.94%

Performance

The fund's annualised performance has been 7.22% since inception.

Risk

The fund has been categorised as Moderate by SEBI and has a standard deviation of 0.42% vs its category average of 0.42%.

Composition

Corporate Debt makes up for the majority of the fund at 44.87% along with the largest allocation towards Public Banks at 24.61%.

ICICI Pru Ultra Short Term Fund Fund

AUM
₹ 15,455.22 Cr.
Expense Ratio
0.41%
5Y CAGR
6.73%

Performance

The fund's annualised performance has been 7.94% since inception.

Risk

The fund has been categorised as Moderate by SEBI and has a standard deviation of 0.45% vs its category average of 0.42%.

Composition

Certificate of Deposit makes up for the majority of the fund at 41.47% along with the largest allocation towards Public Banks at 32.28%.

Axis Ultra Short Duration Fund

AUM
₹ 5,907.80 Cr.
Expense Ratio
0.36%
5Y CAGR
6.71%

Performance

The fund's annualised performance has been 6.78% since inception.

Risk

The fund has been categorised as Moderate by SEBI and has a standard deviation of 0.43% vs its category average of 0.42%.

Composition

Certificate of Deposit makes up for the majority of the fund at 47.8% along with the largest allocation towards Public Banks at 37.13%.

Aditya Birla SL Savings Fund

AUM
₹ 18,189.19 Cr.
Expense Ratio
0.32%
5Y CAGR
6.71%

Performance

The fund's annualised performance has been 7.68% since inception.

Risk

The fund has been categorised as Moderate by SEBI and has a standard deviation of 0.47% vs its category average of 0.42%.

Composition

Corporate Debt makes up for the majority of the fund at 50.51% along with the largest allocation towards Specialized Finance at 16.88%.

Tata Ultra Short Term Fund

AUM
₹ 6,377.77 Cr.
Expense Ratio
0.32%
5Y CAGR
6.71%

Performance

The fund's annualised performance has been 6.47% since inception.

Risk

The fund has been categorised as Moderate by SEBI and has a standard deviation of 0.42% vs its category average of 0.42%.

Composition

Certificate of Deposit makes up for the majority of the fund at 42.83% along with the largest allocation towards Private Banks at 30.27%.

Mirae Asset Ultra Short Duration Fund

AUM
₹ 1,467.05 Cr.
Expense Ratio
0.23%
5Y CAGR
6.64%

Performance

The fund's annualised performance has been 6.22% since inception.

Risk

The fund has been categorised as Moderately Low by SEBI and has a standard deviation of 0.46% vs its category average of 0.42%.

Composition

Certificate of Deposit makes up for the majority of the fund at 39.93% along with the largest allocation towards Public Banks at 36.95%.

DSP Ultra Short Fund

AUM
₹ 4,456.08 Cr.
Expense Ratio
0.3%
5Y CAGR
6.6%

Performance

The fund's annualised performance has been 7.13% since inception.

Risk

The fund has been categorised as Moderate by SEBI and has a standard deviation of 0.46% vs its category average of 0.42%.

Composition

Certificate of Deposit makes up for the majority of the fund at 54.55% along with the largest allocation towards Public Banks at 35.59%.

Baroda BNP Paribas Ultra Short Duration Fund

AUM
₹ 649.03 Cr.
Expense Ratio
0.29%
5Y CAGR
6.59%

Performance

The fund's annualised performance has been 6.52% since inception.

Risk

The fund has been categorised as Moderately Low by SEBI and has a standard deviation of 0.4% vs its category average of 0.42%.

Composition

Certificate of Deposit makes up for the majority of the fund at 59.31% along with the largest allocation towards Public Banks at 33.57%.

Invesco India Ultra Short Duration Fund

AUM
₹ 1,073.02 Cr.
Expense Ratio
0.28%
5Y CAGR
6.56%

Performance

The fund's annualised performance has been 7.35% since inception.

Risk

The fund has been categorised as Moderate by SEBI and has a standard deviation of 0.41% vs its category average of 0.42%.

Composition

Certificate of Deposit makes up for the majority of the fund at 48.3% along with the largest allocation towards Public Banks at 31.62%.

This compilation has been made as and by way of an update from the publicly available sources of information.This compilation is provided for information purposes only and is not intended to be relied upon by any party as the basis of any decision.

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