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Ultra Short Term Funds
- Average Return 5.03%
- No of Funds 21
What is Ultra Short Duration Mutual Fund
Ultra Short Duration Funds are debt funds that lend to companies for a period of 3 to 6 months. Although these are low-risk funds owing to their low lending duration, they are slightly above liquid funds in the risk spectrum but still one of the lowest risk categories of Schemes to invest in.
Advantages of Ultra Short Duration Funds
- Ideal for anyone looking to keep aside money for a couple of weeks to a few months
- Near zero risk of loss if someone invests for at least 3 months
- These Schemes tend to give similar or slightly higher returns than Bank Fixed Deposits of equal or comparable investment tenure
Top schemes of Ultra Short Duration Mutual Funds sorted by last 5 year returns
21 funds
ShowReturns for
via
Fund Size
₹5,854 Crs
Return (p.a)
+ 6.38% + 17.45% + 6.50% + 39.64% + 2.17% + 2.17% + 6.95% + 11.07% + 1.20% + 1.20% + 6.65% + 6.98% + 4.01% + 4.01% + 0.57% + 0.57%
ETM Rank
#13 of 15
Fund Size
₹13,815 Crs
Return (p.a)
+ 6.17% + 16.86% + 7.44% + 46.64% + 2.16% + 2.16% + 5.92% + 9.38% + 1.18% + 1.18% + 6.44% + 6.76% + 3.96% + 3.96% + 0.56% + 0.56%
ETM Rank
#1 of 15
Fund Size
₹378 Crs
Return (p.a)
+ 6.11% + 16.68% + 7.28% + 45.42% + 2.08% + 2.08% + 5.58% + 8.82% + 1.15% + 1.15% + 6.22% + 6.52% + 3.82% + 3.82% + 0.55% + 0.55%
ETM Rank
#3 of 15
#11 of 15
Fund Size
₹2,494 Crs
Return (p.a)
+ 6.02% + 16.42% + 6.51% + 39.69% + 2.12% + 2.12% + 6.35% + 10.08% + 1.18% + 1.18% + 6.47% + 6.79% + 3.87% + 3.87% + 0.56% + 0.56%
ETM Rank
#11 of 15
#12 of 15
Fund Size
₹14,783 Crs
Return (p.a)
+ 5.96% + 16.25% + 6.89% + 42.53% + 2.16% + 2.16% + 5.76% + 9.12% + 1.21% + 1.21% + 6.35% + 6.66% + 3.94% + 3.94% + 0.58% + 0.58%
ETM Rank
#12 of 15
#2 of 15
Fund Size
₹13,066 Crs
Return (p.a)
+ 5.67% + 15.40% + 6.59% + 40.27% + 2.13% + 2.13% + 5.63% + 8.91% + 1.17% + 1.17% + 6.31% + 6.62% + 3.91% + 3.91% + 0.55% + 0.55%
ETM Rank
#2 of 15
Fund Size
₹714 Crs
Return (p.a)
+ 5.54% + 15.01% + 6.60% + 40.39% + 2.12% + 2.12% + 5.56% + 8.80% + 1.17% + 1.17% + 6.24% + 6.54% + 3.89% + 3.89% + 0.55% + 0.55%
ETM Rank
#4 of 15
Fund Size
₹15,030 Crs
Return (p.a)
+ 5.48% + 14.85% + 6.36% + 38.63% + 2.08% + 2.08% + 5.44% + 8.59% + 1.14% + 1.14% + 6.10% + 6.40% + 3.82% + 3.82% + 0.54% + 0.54%
ETM Rank
#5 of 15
Fund Size
₹1,683 Crs
Return (p.a)
+ 5.43% + 14.70% + 5.74% + 34.21% + 2.11% + 2.11% + 5.64% + 8.93% + 1.16% + 1.16% + 6.33% + 6.64% + 3.90% + 3.90% + 0.55% + 0.55%
ETM Rank
#9 of 15
#10 of 15
Fund Size
₹3,857 Crs
Return (p.a)
+ 5.42% + 14.66% N.A. N.A. + 2.09% + 2.09% + 5.42% + 8.56% + 1.14% + 1.14% + 6.12% + 6.42% + 3.84% + 3.84% + 0.54% + 0.54%
ETM Rank
#10 of 15
#7 of 15
Fund Size
₹2,659 Crs
Return (p.a)
+ 5.42% + 14.65% + 6.13% + 36.96% + 2.09% + 2.09% + 5.54% + 8.76% + 1.15% + 1.15% + 6.22% + 6.52% + 3.86% + 3.86% + 0.54% + 0.54%
ETM Rank
#7 of 15
Fund Size
₹150 Crs
Return (p.a)
+ 5.17% + 13.94% + 6.35% + 38.56% + 1.91% + 1.91% + 5.21% + 8.23% + 1.04% + 1.04% + 5.86% + 6.14% + 3.61% + 3.61% + 0.49% + 0.49%
ETM Rank
#6 of 15
Fund Size
₹581 Crs
Return (p.a)
+ 5.07% + 13.66% + 5.89% + 35.29% + 2.01% + 2.01% + 5.19% + 8.20% + 1.11% + 1.11% + 5.90% + 6.18% + 3.69% + 3.69% + 0.52% + 0.52%
ETM Rank
#8 of 15
#14 of 15
Fund Size
₹129 Crs
Return (p.a)
+ 4.20% + 11.20% N.A. N.A. + 1.82% + 1.82% + 4.73% + 7.45% + 1.01% + 1.01% + 5.30% + 5.55% + 3.29% + 3.29% + 0.49% + 0.49%
ETM Rank
#14 of 15
Unranked
Fund Size
₹5,214 Crs
Return (p.a)
N.A. N.A.N.A. N.A. + 2.15% + 2.15% + 5.83% + 9.23% + 1.18% + 1.18% + 6.45% + 6.77% + 3.97% + 3.97% + 0.56% + 0.56%
ETM Rank
Unranked
Show all funds
Ultra Short Duration Funds Returns Calculator
See what your investment would have yielded in
Invested ₹ 6 Lakh
Profit ₹ 3.33 Lakh
₹ 9.33 Lakh
This fund has generated an XIRR of 6.38% over the past 5 Years
SIP Calculator
Mutual Fund Calculator
Lumpsum CalculatorHow to invest in Ultra Short Duration Funds?
It is quite easy to invest in Ultra Short Duration mutual funds on ET Money. Here are the steps that you have to follow.
- Register online on ET Money app or website
- Head to Mutual Funds sections and choose the Ultra Short Duration fund you want to invest in.
- Click on invest and choose the amount and mode of investment (SIP or Lumpsum)
- Provide your KYC details (Pan number, Bank details) and complete your investment.
Frequently Asked Questions
Which are the best Ultra Short Duration Mutual Funds to invest in 2023?
These are top 5 Ultra Short Duration funds you can invest in 2023
| Fund Name | Fund Category | ETM Rank | Consistency | 5 Year Return (Annualized) |
|---|---|---|---|---|
| Nippon India Ultra Short Duration Fund | Debt | # 4 of 22 | 5.87 % p.a. | |
| ICICI Prudential Ultra Short Term Fund | Debt | # 1 of 22 | 6.75 % p.a. | |
| PGIM India Ultra Short Duration Fund | Debt | # 5 of 22 | 7.25 % p.a. | |
| UTI Ultra Short Term Fund | Debt | # 12 of 22 | 5.74 % p.a. | |
| Aditya Birla Sun Life Savings Fund | Debt | # 10 of 22 | 6.52 % p.a. |
How long should I stay invested in Ultra Short Duration Mutual Funds?
Ultra Short Duration Debt Mutual Funds are ideal for an investment horizon of 6 months to 1 year.
Where do Ultra Short Duration Mutual Funds invest?
Ultra Short Duration Funds lend for 3 to 6 months. They mostly lend to borrowers who are financially strong and also to the government.
Are Ultra Short Duration Mutual Funds high risk?
Ultra Short Duration Funds are low-risk funds owing to their low lending duration. Although the risk is slightly higher than liquid funds.
What kind of returns can i earn from Ultra Short Duration ?
Ultra Short Duration Funds have on an average delivered 6.78% p.a. returns in the last 1 year. Their 3 and 5 year annualized returns are 5.03% and 5.67%. p.a.
