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- Ultra Short Duration Funds
- Average Return 5.79%
- No of Funds 23
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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
23 funds
Sort by:
- ETM Rank High to Low
- Returns High to Low
- Fund Size High to Low
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- Annualized
- Absolute
Returns for
- 1 Month
- 3 Months
- 6 Months
- 1 year
- 3 years
- 5 years
via
- Monthly SIP
- One-time (Lumpsum)
ICICI Prudential Ultra Short Term Fund
#1 of 18
Fund Size
₹12,180 Crs
Return (p.a)
+ 9.86%+ 0.75% + 9.03%+ 1.41% + 8.4%+ 2.34% + 7.85%+ 4.18% + 6.84%+ 10.9% + 6.43%+ 17.61%
ETM Rank
#1 of 18
Invest
Axis Ultra Short Term Fund
#2 of 18
Fund Size
₹4,453 Crs
Return (p.a)
+ 9.49%+ 0.72% + 8.76%+ 1.37% + 8.29%+ 2.31% + 7.82%+ 4.16% + 6.83%+ 10.88% + 6.23%+ 17.03%
ETM Rank
#2 of 18
Invest
PGIM India Ultra Short Duration Fund
#3 of 18
Fund Size
₹249 Crs
Return (p.a)
+ 9.28%+ 0.71% + 8.39%+ 1.31% + 7.95%+ 2.22% + 7.54%+ 4.02% + 6.58%+ 10.47% + 6.45%+ 17.68%
ETM Rank
#3 of 18
Invest
Sundaram Ultra Short Duration Fund
#4 of 18
Fund Size
₹1,719 Crs
Return (p.a)
+ 9.44%+ 0.72% + 8.58%+ 1.34% + 8.12%+ 2.27% + 7.69%+ 4.1% + 6.7%+ 10.67% + 5.97%+ 16.26%
ETM Rank
#4 of 18
Invest
Invesco India Ultra Short Duration Fund
#5 of 18
Fund Size
₹614 Crs
Return (p.a)
+ 9.24%+ 0.7% + 8.45%+ 1.32% + 8.0%+ 2.24% + 7.61%+ 4.05% + 6.61%+ 10.52% + 5.94%+ 16.18%
ETM Rank
#5 of 18
Invest
Bank of India Ultra Short Duration Fund
#6 of 18
Fund Size
₹152 Crs
Return (p.a)
+ 8.64%+ 0.66% + 7.81%+ 1.22% + 7.32%+ 2.05% + 6.9%+ 3.68% + 6.11%+ 9.7% + 5.49%+ 14.87%
ETM Rank
#6 of 18
Invest
Tata Ultra Short Term Fund
#7 of 18
Fund Size
₹2,492 Crs
Return (p.a)
+ 9.08%+ 0.69% + 8.54%+ 1.34% + 8.17%+ 2.28% + 7.78%+ 4.14% + 6.75%+ 10.75% + 6.06%+ 16.52%
ETM Rank
#7 of 18
Invest
UTI Ultra Short Duration Fund
#8 of 18
Fund Size
₹2,093 Crs
Return (p.a)
+ 9.52%+ 0.73% + 8.69%+ 1.36% + 8.18%+ 2.28% + 7.73%+ 4.11% + 6.95%+ 11.08% + 6.52%+ 17.9%
ETM Rank
#8 of 18
Invest
Canara Robeco Ultra Short Term Fund
#9 of 18
Fund Size
₹560 Crs
Return (p.a)
+ 8.82%+ 0.67% + 8.07%+ 1.26% + 7.62%+ 2.13% + 7.23%+ 3.85% + 6.25%+ 9.93% + 5.53%+ 14.98%
ETM Rank
#9 of 18
Invest
HDFC Ultra Short Term Fund
#10 of 18
Fund Size
₹12,537 Crs
Return (p.a)
+ 9.69%+ 0.74% + 8.78%+ 1.37% + 8.2%+ 2.29% + 7.7%+ 4.1% + 6.65%+ 10.59% + 6.09%+ 16.62%
ETM Rank
#10 of 18
Invest
Kotak Savings Fund
#11 of 18
Fund Size
₹12,372 Crs
Return (p.a)
+ 9.5%+ 0.72% + 8.72%+ 1.36% + 8.13%+ 2.27% + 7.63%+ 4.06% + 6.65%+ 10.58% + 6.03%+ 16.44%
ETM Rank
#11 of 18
Invest
DSP Ultra Short Fund
#12 of 18
Fund Size
₹2,228 Crs
Return (p.a)
+ 9.16%+ 0.7% + 8.49%+ 1.33% + 8.05%+ 2.25% + 7.79%+ 4.15% + 6.7%+ 10.67% + 5.95%+ 16.22%
ETM Rank
#12 of 18
Invest
SBI Magnum Ultra Short Duration Fund
#13 of 18
Fund Size
₹9,213 Crs
Return (p.a)
+ 9.22%+ 0.7% + 8.5%+ 1.33% + 8.03%+ 2.24% + 7.59%+ 4.04% + 6.52%+ 10.38% + 5.88%+ 16.01%
ETM Rank
#13 of 18
Invest
Aditya Birla Sun Life Savings Fund
#14 of 18
Fund Size
₹10,748 Crs
Return (p.a)
+ 10.21%+ 0.78% + 9.19%+ 1.43% + 8.49%+ 2.37% + 7.91%+ 4.21% + 6.79%+ 10.82% + 6.29%+ 17.2%
ETM Rank
#14 of 18
Invest
Nippon India Ultra Short Duration Fund
#15 of 18
Fund Size
₹4,332 Crs
Return (p.a)
+ 9.68%+ 0.74% + 8.88%+ 1.39% + 8.37%+ 2.33% + 7.92%+ 4.21% + 7.2%+ 11.5% + 6.98%+ 19.24%
ETM Rank
#15 of 18
Invest
Motilal Oswal Ultra Short Term Fund
#16 of 18
Fund Size
₹165 Crs
Return (p.a)
+ 7.29%+ 0.56% + 6.94%+ 1.09% + 6.76%+ 1.89% + 6.74%+ 3.59% + 5.79%+ 9.17% + 5.09%+ 13.73%
ETM Rank
#16 of 18
Invest
Baroda BNP Paribas Ultra Short Duration Fund
#17 of 18
Fund Size
₹938 Crs
Return (p.a)
+ 8.9%+ 0.68% + 8.36%+ 1.31% + 7.95%+ 2.22% + 7.62%+ 4.06% + 6.74%+ 10.73% + 6.02%+ 16.42%
ETM Rank
#17 of 18
Invest
Bandhan Ultra Short Term Fund
#18 of 18
Fund Size
₹3,633 Crs
Return (p.a)
+ 9.19%+ 0.7% + 8.5%+ 1.33% + 8.02%+ 2.24% + 7.56%+ 4.02% + 6.51%+ 10.36% + 5.82%+ 15.83%
ETM Rank
#18 of 18
Invest
HSBC Ultra Short Duration Fund
Unranked
Fund Size
₹2,100 Crs
Return (p.a)
+ 9.15%+ 0.7% + 8.52%+ 1.33% + 8.06%+ 2.25% + 7.63%+ 4.06% + 6.62%+ 10.53% N.A.N.A.
ETM Rank
Unranked
Invest
LIC MF Ultra Short Duration Fund
Unranked
Fund Size
₹239 Crs
Return (p.a)
+ 9.13%+ 0.7% + 8.48%+ 1.33% + 7.93%+ 2.21% + 7.26%+ 3.87% + 6.06%+ 9.62% N.A.N.A.
ETM Rank
Unranked
Invest
Mahindra Manulife Ultra Short Duration Fund
Unranked
Fund Size
₹195 Crs
Return (p.a)
+ 9.38%+ 0.71% + 8.57%+ 1.34% + 8.08%+ 2.26% + 7.66%+ 4.08% + 6.64%+ 10.57% N.A.N.A.
ETM Rank
Unranked
Invest
Mirae Asset Ultra Short Duration Fund
Unranked
Fund Size
₹1,003 Crs
Return (p.a)
+ 9.32%+ 0.71% + 8.65%+ 1.35% + 8.22%+ 2.29% + 7.79%+ 4.15% + 6.7%+ 10.66% N.A.N.A.
ETM Rank
Unranked
Invest
WhiteOak Capital Ultra Short Duration Fund
Unranked
Fund Size
₹262 Crs
Return (p.a)
+ 8.81%+ 0.67% + 8.11%+ 1.27% + 7.74%+ 2.16% + 7.37%+ 3.93% + 6.43%+ 10.22% N.A.N.A.
ETM Rank
Unranked
Invest
Show all funds
Ultra Short Duration Funds Returns Calculator
See what your investment would have yielded in
Select fund
ICICI Prudential Ultra Short Term Fund
- ICICI Prudential Ultra Short Term Fund
- Axis Ultra Short Term Fund
- PGIM India Ultra Short Duration Fund
- Sundaram Ultra Short Duration Fund
- Invesco India Ultra Short Duration Fund
- Bank of India Ultra Short Duration Fund
- Tata Ultra Short Term Fund
- UTI Ultra Short Duration Fund
- Canara Robeco Ultra Short Term Fund
- HDFC Ultra Short Term Fund
- Kotak Savings Fund
- DSP Ultra Short Fund
- SBI Magnum Ultra Short Duration Fund
- Aditya Birla Sun Life Savings Fund
- Nippon India Ultra Short Duration Fund
- Motilal Oswal Ultra Short Term Fund
- Baroda BNP Paribas Ultra Short Duration Fund
- Bandhan Ultra Short Term Fund
- HSBC Ultra Short Duration Fund
- LIC MF Ultra Short Duration Fund
- Mahindra Manulife Ultra Short Duration Fund
- Mirae Asset Ultra Short Duration Fund
- WhiteOak Capital Ultra Short Duration Fund
via in
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I want to invest of
₹
Minimum: ₹1,000
for a period of for
- 1 Month
- 3 Months
- 6 Months
- 1 Year
- 3 Years
- 5 Years
- 10 years
Invested Gains
You would have got
Total investment Invested ₹ 6 Lakh
Profit ₹ 3.33 Lakh
Current value Current value ₹ 9.33 Lakh
This fund has generated an XIRR of 6.43% over the past 5 Years
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- How to invest in Ultra Short Duration Funds?
- Frequently Asked Questions
How 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 2024?
These are top 5 Ultra Short Duration funds you can invest in 2024
| Fund Name | Fund Category | ETM Rank | Consistency | 5 Year Return (Annualized) |
|---|---|---|---|---|
| Baroda BNP Paribas Ultra Short Duration Fund | Debt | # 17 of 18 | 5.88 % p.a. | |
| WhiteOak Capital Ultra Short Duration Fund | Debt | Unranked | NA | |
| Sundaram Ultra Short Duration Fund | Debt | # 4 of 18 | 5.82 % p.a. | |
| PGIM India Ultra Short Duration Fund | Debt | # 3 of 18 | 7.22 % p.a. | |
| Nippon India Ultra Short Duration Fund | Debt | # 15 of 18 | 5.71 % 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 7.39% p.a. returns in the last 1 year. Their 3 and 5 year annualized returns are 5.79% and 5.94%. p.a.
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