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UTI Ultra Short Duration Fund

Q: What is the NAV of UTI Ultra Short Duration Fund?

As of 20 Aug 2026, the NAV of UTI Ultra Short Duration Fund is ₹1,349.69 per unit. NAV (net asset value) is the fund's per-unit price, published once each business day.

Q: What returns has UTI Ultra Short Duration Fund delivered?

UTI Ultra Short Duration Fund has returned +1.84% over 1 year, +0.62% per year over 3 years, +0.37% per year over 5 years and +1.00% per year since inception. Figures beyond one year are annualised (CAGR) and are computed from AMFI NAV history, so they may differ slightly from other portals.

Q: What is the expense ratio of UTI Ultra Short Duration Fund?

UTI Ultra Short Duration Fund charges an expense ratio of 0.40% per year. This annual fee is already deducted from the NAV, so the returns you see are net of it.

Q: What are the top holdings of UTI Ultra Short Duration Fund?

Its largest holdings are GOVERNMENT OF INDIA 36735 364 DAYS TBILL 26NV26 FV RS 100 (5.7%), INDIAN BANK CD 22JAN27 (4.9%), Axis Bank Limited (26/02/2027) ** (4.2%), EXPORT IMPORT BANK OF INDIA CD 29JAN27 (3.5%) and GODREJ PROPERTIES LIMITED SR I 8.30 LOA 19MR27 FVRS1LAC (2.9%). Holdings are disclosed monthly and change over time.

Q: How risky is UTI Ultra Short Duration Fund?

It is rated low on SEBI's risk-o-meter, its trailing-3Y volatility (annualised) is 1.4% and its worst peak-to-trough fall in our sample was -3.8%. Higher volatility means the NAV swings more; the drawdown shows how far it has fallen from a peak historically.

Q: What does the Sharpe ratio of -4.08 mean?

The Sharpe ratio is return earned per unit of total risk, above a 6.5% risk-free rate. UTI Ultra Short Duration Fund's -4.08 means it has not compensated investors for its volatility over the window. Higher is better.

Q: What is the benchmark of UTI Ultra Short Duration Fund?

UTI Ultra Short Duration Fund is benchmarked against the Nifty Ultra Short Duration Debt Index A-I. Its alpha and beta on this page are measured against that index.

Q: Who manages UTI Ultra Short Duration Fund?

UTI Ultra Short Duration Fund is managed by Abhishek Sonthalia at UTI.

Q: How is UTI Ultra Short Duration Fund taxed?

UTI Ultra Short Duration Fund is a debt / non-equity fund. Since April 2023 there is no long-term or indexation benefit — capital gains are added to your income and taxed at your income-tax slab rate regardless of how long you held the units.

UTI Mutual Fund · Best Ultra Short Duration Mutual Funds

This is the Direct plan of UTI Ultra Short Duration Fund — bought from the fund house, with no distributor commission in its expense ratio. Income is distributed fortnightly, which is why this NAV sits below the growth plan of the same fund.

NAV

₹1,349.69

-0.03% 1D

as of 20 Aug 2026

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This is the IDCW (dividend) option — it pays its earnings out as dividends rather than reinvesting them, so every payout steps the NAV down and the return figures below leave those payouts out. Your actual return was higher by whatever was distributed. That’s expected for a payout plan, not missing data.

View the Growth plan for compounded returns (+7.33% 3Y CAGR)

NAV history

+1.86%CAGR

52-week rangePrev NAV ₹1,350.09

Latest ₹1,349.69

Low ₹1,323.0199th percentile of its 52-week rangeHigh ₹1,350.09

Scorecard

★★★☆☆3/5 vs 79 of 82 Ultra Short Duration Fund peers

Performance 60%
Risk 15%
Cost 10%
Downside 15%

How this is computed

Each verdict is computed from this fund's own metrics against its sub-category — the number behind it is shown, not a black-box rating. The stars weight the same ground 60/15/10/15 (performance/risk/cost/downside) across every fund in the peer group. Ranked within Ultra Short Duration Fund (same plan and option). 79 of the 82 Ultra Short Duration Funds in this cohort carry the full record the stars need, so they are the ones ranked against.

PerformanceAverage

3Y CAGR +0.62% · ranks 28 of 82 Ultra Short Duration Funds

RiskModerate

Volatility 1.4% vs 1.4% category avg

CostHigh

0.4% expense vs 0.3% category avg

ConsistencyLow

65% of rolling 3Y windows were positive

Strengths & concerns

Generated from this fund's own numbers against its sub-category — each point names the figure behind it.

Strengths

Ahead of the Ultra Short Duration Fund average on 1M/3M/6M/1Y — 1Y by 0.76pp

Concerns

3-year return (+0.62%) trails the Ultra Short Duration Fund average (+1.77%)
5-year return (+0.37%) trails the Ultra Short Duration Fund average (+1.84%)
High expense ratio (0.40%) vs the Ultra Short Duration Fund average of 0.34%
Positive in only 65% of rolling 3-year windows

Key Metrics

Annual fee charged by the fund, already deducted from NAV

Category 0.34%

Portfolio-weighted harmonic mean P/E across the fund's equity holdings

Category —

Excess return per unit of total volatility (rf = 6.5%)

-4.08

Category -4.17▲0.09

Scheme Info

Definitions

Plan

Direct · IDCW

Period before units can be redeemed — 3 years for ELSS, none for most open-ended funds

Exit Load

Statutory levy on every mutual-fund purchase since 1 Jul 2020 (SEBI / Govt of India) — the same for every scheme

0.005%

SIP Inv.

Smallest recurring SIP instalment the scheme accepts

Smallest one-time (lumpsum) investment the scheme accepts

Benchmark

Start of our NAV history for this plan. Direct plans begin 1 Jan 2013, so this is the plan's inception — not necessarily the scheme's original launch date.

24 Mar 2017

Period returns (<1Y, absolute — not annualized)

Definitions

Absolute return over the last 1 month (not annualized)

+0.59%

Absolute return over the last 3 months (not annualized)

+1.98%

Absolute return over the last 6 months (not annualized)

+1.77%

Absolute return since 1 Jan of this year (not annualized)

+1.88%

Annualized returns (≥1Y — CAGR)

Definitions

1-year point-to-point return, annualized (CAGR)

+1.84%

3-year annualized return (CAGR)

+0.62%

5-year annualized return (CAGR)

+0.37%

10-year annualized return (CAGR)

—

Annualized return (CAGR) since the fund's inception

+1.00%

Advanced metrics — risk

Risk (trailing 3Y)

Definitions

Annualized standard deviation of daily returns

1.44%

Excess return per unit of total volatility (rf = 6.5%)

-4.08

Excess return per unit of downside deviation — upside swings aren't penalized (rf = 6.5%)

-4.04

Largest peak-to-trough decline over full history

-3.84%

Benchmark ratios

Not shown for Ultra Short Duration Fund — a debt, arbitrage or cash-like fund isn't measured against an equity index, so alpha/beta vs one would be noise rather than signal.

Fund vs category average (Ultra Short Duration Fund)

Period	Fund	Category avg.	Diff
1M abs	+0.59%	-0.28%	+0.87%
3M abs	+1.98%	+0.02%	+1.96%
6M abs	+1.77%	+0.32%	+1.45%
1Y CAGR	+1.84%	+1.08%	+0.76%
3Y CAGR	+0.62%	+1.77%	-1.15%
5Y CAGR	+0.37%	+1.84%	-1.47%

Category average across peers in Ultra Short Duration Fund (81 of 82 carry a figure for at least one period), same plan and option, excluding this fund. Under-1-year figures are absolute; 1Y and beyond are annualised (CAGR).

Not sure what a figure means? The glossary explains every metric, and the methodology shows the formulas.

Category rank

Vs 82 peers in Ultra Short Duration Fund

1Y return

+1.84%

Beats 76.6% · rank #19

3Y return

+0.62%

Beats 65.4% · rank #28

5Y return

+0.37%

Beats 57.3% · rank #33

Sharpe

-4.08

Beats 46.9% · rank #27

Sortino

-4.04

Beats 46.9% · rank #27

Rolling returns

Return for every possible 1Y holding period, not just today’s

Average

+0.2%

Median

0.0%

Best

+6.2%

Worst

-3.2%

Positive periods

50.5%

95 overlapping 1Y windows, sampled monthly across the fund’s history.

Backtest this fund

What a SIP or one-time investment would have grown to over this fund’s real NAV history.

Monthly investment (₹)

Period

Invested

₹6.00L

Current value

₹6.11L

Absolute

+1.78%

XIRR

+0.72%

Value vs. invested

60 monthly installments of ₹10,000 into UTI Ultra Short Duration Fund, valued at the latest NAV. XIRR annualizes for each installment’s timing.

Calendar-year returns

What the fund actually returned in each year, not the smoothed average.

Year	Fund
2026part	+1.90%
2025	-0.05%
2024	+0.06%
2023	-0.03%
2022	+0.06%
2021	+0.01%
2020	-0.04%
2019	-2.61%
2017part	+3.96%

January–December, from this fund's NAV history. Absolute return, not annualised. “part” marks a year the fund didn't run end to end — its first year, the current year so far, or one it stopped reporting in.

History points

2,135

Expense ratio

AUM

Portfolio turnover

Exit load

Taxation

Taxed as debt

This is a debt / non-equity fund. Since April 2023 there is no long-term or indexation benefit — every rupee of gain is added to your income and taxed at your income-tax slab rate, whatever the holding period.

Any holding period

30%

Short- and long-term alike

Your income-tax slab — no LTCG or indexation benefit

Your income-tax slab

Pick your slab to see the rate that applies to you.

Applies to capital gains on redemption. Excludes IDCW/dividend tax, STT, surcharge and cess, and pre-2018 equity grandfathering. For research only — consult a tax advisor before filing.

Peer comparison · Ultra Short Duration Fund

Compare all


UTI Ultra Short Duration FundThis fund UTI	★★★☆☆	+1.84%	+0.62%	+0.37%	—	0.40%	₹3,810Cr
Axis Ultra Short Duration Fund Axis	★★★★★	+6.67%	+7.44%	+6.71%	—	0.36%	₹5,612Cr
Mirae Asset Ultra Short Duration Fund Mirae Asset	★★★★★	+6.58%	+7.41%	+6.62%	—	0.23%	₹1,666Cr
Invesco India Ultra Short Duration Fund Invesco	★★★★★	+6.65%	+7.35%	+6.56%	—	0.27%	₹1,160Cr
Invesco India Ultra Short Duration Fund Invesco	★★★★★	+6.65%	+7.35%	+6.56%	—	0.27%	₹1,160Cr
Tata Ultra Short Term Fund Tata	★★★★☆	+6.92%	+7.33%	+6.74%	—	0.33%	₹5,343Cr

Fund size over time

Quarterly average AUM · AMFI

₹3,810Cr

April - June 2026

-0%

since January - March 2026

At or near its largest, ₹3,813Cr in January - March 2026. Size matters most where the mandate is narrow — a large small-cap or a very large flexi-cap book is harder to move without moving the price.

UTI in the news

Headlines about the fund house, not this scheme in particular — highlights only; tap through to read the full story at the source.

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Returns and risk are computed from NAV history and may differ slightly from other portals due to methodology (rolling vs point-to-point, dividend treatment). For research only — not investment advice.

About Debt funds

Debt funds lend money to governments and companies and earn interest. They're generally steadier than equity funds; their risk comes from interest-rate moves and, for some, the creditworthiness of borrowers.

Frequently asked questions

What is the NAV of UTI Ultra Short Duration Fund?

As of 20 Aug 2026, the NAV of UTI Ultra Short Duration Fund is ₹1,349.69 per unit. NAV (net asset value) is the fund's per-unit price, published once each business day.

What returns has UTI Ultra Short Duration Fund delivered?

UTI Ultra Short Duration Fund has returned +1.84% over 1 year, +0.62% per year over 3 years, +0.37% per year over 5 years and +1.00% per year since inception. Figures beyond one year are annualised (CAGR) and are computed from AMFI NAV history, so they may differ slightly from other portals.

What is the expense ratio of UTI Ultra Short Duration Fund?

UTI Ultra Short Duration Fund charges an expense ratio of 0.40% per year. This annual fee is already deducted from the NAV, so the returns you see are net of it.

What are the top holdings of UTI Ultra Short Duration Fund?

Its largest holdings are GOVERNMENT OF INDIA 36735 364 DAYS TBILL 26NV26 FV RS 100 (5.7%), INDIAN BANK CD 22JAN27 (4.9%), Axis Bank Limited (26/02/2027) ** (4.2%), EXPORT IMPORT BANK OF INDIA CD 29JAN27 (3.5%) and GODREJ PROPERTIES LIMITED SR I 8.30 LOA 19MR27 FVRS1LAC (2.9%). Holdings are disclosed monthly and change over time.

How risky is UTI Ultra Short Duration Fund?

It is rated low on SEBI's risk-o-meter, its trailing-3Y volatility (annualised) is 1.4% and its worst peak-to-trough fall in our sample was -3.8%. Higher volatility means the NAV swings more; the drawdown shows how far it has fallen from a peak historically.

What does the Sharpe ratio of -4.08 mean?

The Sharpe ratio is return earned per unit of total risk, above a 6.5% risk-free rate. UTI Ultra Short Duration Fund's -4.08 means it has not compensated investors for its volatility over the window. Higher is better.

What is the benchmark of UTI Ultra Short Duration Fund?

UTI Ultra Short Duration Fund is benchmarked against the Nifty Ultra Short Duration Debt Index A-I. Its alpha and beta on this page are measured against that index.

Who manages UTI Ultra Short Duration Fund?

UTI Ultra Short Duration Fund is managed by Abhishek Sonthalia at UTI.

How is UTI Ultra Short Duration Fund taxed?

UTI Ultra Short Duration Fund is a debt / non-equity fund. Since April 2023 there is no long-term or indexation benefit — capital gains are added to your income and taxed at your income-tax slab rate regardless of how long you held the units.