DebtShort Duration FundDirectIDCWLow to Moderate

UTI Short Duration Fund

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

As of 21 Aug 2026, the NAV of UTI Short Duration Fund is ₹13.65 per unit. NAV (net asset value) is the fund's per-unit price, published once each business day.

Q: What returns has UTI Short Duration Fund delivered?

UTI Short Duration Fund has returned +2.30% over 1 year, +3.66% per year over 3 years, +4.05% per year over 5 years and +2.50% 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 Short Duration Fund?

UTI Short Duration Fund charges an expense ratio of 0.41% 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 Short Duration Fund?

Its largest holdings are EXPORT IMPORT BANK OF INDIA SR AA 03 7.12 BD 27JU30 FVRS1LAC (6.1%), NATIONAL BANK FOR AGRICULTURE AND RURAL DEVELOPMENT SR 25G 7.48 BD 15SP28 FVRS1LAC (4.9%), VEDANTA LIMITED 8.95 NCD 16MR29 FVRS1LAC (4.8%), LIC HOUSING FINANCE LTD TR 445 OP II 7.74 NCD 11FB28 FVRS1LAC (3.7%) and SMALL INDUSTRIES DEVELOPMENT BANK OF INDIA SR VII 7.42 BD 12MR29 FVRS1LAC (3.7%). Holdings are disclosed monthly and change over time.

Q: How risky is UTI Short Duration Fund?

It is rated low to moderate on SEBI's risk-o-meter, its trailing-3Y volatility (annualised) is 3.8% and its worst peak-to-trough fall in our sample was -15.3%. 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 -0.75 mean?

The Sharpe ratio is return earned per unit of total risk, above a 6.5% risk-free rate. UTI Short Duration Fund's -0.75 means it has not compensated investors for its volatility over the window. Higher is better.

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

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

Q: Who manages UTI Short Duration Fund?

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

Q: How is UTI Short Duration Fund taxed?

UTI 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 Short Duration Mutual Funds

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

NAV

₹13.65

-0.08% 1D

as of 21 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 (+7.51% 3Y CAGR)

NAV history

+2.30%CAGR

52-week rangePrev NAV ₹13.66

Latest ₹13.65

Low ₹13.2482nd percentile of its 52-week rangeHigh ₹13.73

Scorecard

★★★☆☆3/5 vs 54 of 56 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 Short Duration Fund (same plan and option). 54 of the 56 Short Duration Funds in this cohort carry the full record the stars need, so they are the ones ranked against.

PerformanceAverage

3Y CAGR +3.66% · ranks 25 of 56 Short Duration Funds

RiskHigh

Volatility 3.8% vs 2.3% category avg

CostHigh

0.4% expense vs 0.4% category avg

ConsistencyModerate

90% 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

5-year return (+4.05%) beats the Short Duration Fund average (+2.90%)

Concerns

More volatile than its Short Duration Fund peers (3.8% vs 2.3%)
High expense ratio (0.41%) vs the Short Duration Fund average of 0.37%

Key Metrics

Annual fee charged by the fund, already deducted from NAV

Category 0.37%

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

Category —

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

-0.75

Category -1.17▲0.42

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.

01 Oct 2015

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

Definitions

Absolute return over the last 1 month (not annualized)

+0.30%

Absolute return over the last 3 months (not annualized)

+2.49%

Absolute return over the last 6 months (not annualized)

-0.35%

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

+0.23%

Annualized returns (≥1Y — CAGR)

Definitions

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

+2.30%

3-year annualized return (CAGR)

+3.66%

5-year annualized return (CAGR)

+4.05%

10-year annualized return (CAGR)

+2.49%

Annualized return (CAGR) since the fund's inception

+2.50%

Advanced metrics — risk

Risk (trailing 3Y)

Definitions

Annualized standard deviation of daily returns

3.76%

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

-0.75

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

-0.77

Largest peak-to-trough decline over full history

-15.35%

Benchmark ratios

Not shown for 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 (Short Duration Fund)

Period	Fund	Category avg.	Diff
1M abs	+0.30%	+0.11%	+0.19%
3M abs	+2.49%	+1.66%	+0.83%
6M abs	-0.35%	+0.85%	-1.20%
1Y CAGR	+2.30%	+2.34%	-0.04%
3Y CAGR	+3.66%	+3.38%	+0.28%
5Y CAGR	+4.05%	+2.90%	+1.15%

Category average across peers in Short Duration Fund (55 of 56 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 56 peers in Short Duration Fund

1Y return

+2.30%

Beats 59.3% · rank #23

3Y return

+3.66%

Beats 54.7% · rank #25

5Y return

+4.05%

Beats 60% · rank #19

Sharpe

-0.75

Beats 57.4% · rank #24

Sortino

-0.77

Beats 57.4% · rank #24

Rolling returns

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

Average

+2.6%

Median

+3.5%

Best

+12.0%

Worst

-8.5%

Positive periods

79.8%

119 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

₹6.53L

Absolute

+8.84%

XIRR

+3.45%

Value vs. invested

60 monthly installments of ₹10,000 into UTI 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	+0.27%
2025	+3.77%
2024	+4.20%
2023	+5.15%
2022	+0.92%
2021	+3.35%
2020	+10.97%
2019	-7.32%
2018	+0.86%
2017	-0.07%

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

2,628

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 · Short Duration Fund

Compare all


UTI Short Duration FundThis fund UTI	★★★☆☆	+2.30%	+3.66%	+4.05%	—	0.41%	₹2,444Cr
Axis Short Duration Fund Axis	★★★★★	+6.09%	+7.86%	+6.81%	—	0.40%	₹8,708Cr
Bandhan Short Duration Fund Bandhan	★★★★★	+6.34%	+7.79%	+6.49%	—	0.36%	₹53.81L
Nippon India Short Duration Fund Nippon India	★★★★★	+5.88%	+7.78%	+6.72%	—	0.39%	₹7,205Cr
Bank of India Short Term Income Fund Bank of India	★★★☆☆	+5.62%	+7.74%	+10.80%	—	0.54%	₹269.67Cr
Bank of India Short Term Income Fund Bank of India	★★★☆☆	+5.62%	+7.74%	+10.79%	—	0.54%	₹269.67Cr

Worst falls, and the wait to get back

How far this fund has dropped from a high, and how long it took to reclaim it.

-15.3%25 Mar 2019 → 10 Jun 2019
Fell over 3 months, back to the old high on 05 Nov 2020 — 17 months under water after the low.
-6.2%22 Mar 2017 → 23 Mar 2017
Fell over 1 day, back to the old high on 11 Feb 2019 — 1.9 years under water after the low.
-5.5%28 Mar 2016 → 29 Mar 2016
Fell over 1 day, back to the old high on 26 Sep 2016 — 6 months under water after the low.

Measured on this fund’s own NAV history, peak to trough to the day it regained the peak. Falls shallower than 5% are left out. A recovery date is when the NAV got back, not when any particular investor did — that depends on when they bought.

Fund size over time

Quarterly average AUM · AMFI

₹2,444Cr

April - June 2026

-19%

since January - March 2026

Down +19% from its peak of ₹3,008Cr 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 Short Duration Fund?

As of 21 Aug 2026, the NAV of UTI Short Duration Fund is ₹13.65 per unit. NAV (net asset value) is the fund's per-unit price, published once each business day.

What returns has UTI Short Duration Fund delivered?

UTI Short Duration Fund has returned +2.30% over 1 year, +3.66% per year over 3 years, +4.05% per year over 5 years and +2.50% 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 Short Duration Fund?

UTI Short Duration Fund charges an expense ratio of 0.41% 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 Short Duration Fund?

Its largest holdings are EXPORT IMPORT BANK OF INDIA SR AA 03 7.12 BD 27JU30 FVRS1LAC (6.1%), NATIONAL BANK FOR AGRICULTURE AND RURAL DEVELOPMENT SR 25G 7.48 BD 15SP28 FVRS1LAC (4.9%), VEDANTA LIMITED 8.95 NCD 16MR29 FVRS1LAC (4.8%), LIC HOUSING FINANCE LTD TR 445 OP II 7.74 NCD 11FB28 FVRS1LAC (3.7%) and SMALL INDUSTRIES DEVELOPMENT BANK OF INDIA SR VII 7.42 BD 12MR29 FVRS1LAC (3.7%). Holdings are disclosed monthly and change over time.

How risky is UTI Short Duration Fund?

It is rated low to moderate on SEBI's risk-o-meter, its trailing-3Y volatility (annualised) is 3.8% and its worst peak-to-trough fall in our sample was -15.3%. 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 -0.75 mean?

The Sharpe ratio is return earned per unit of total risk, above a 6.5% risk-free rate. UTI Short Duration Fund's -0.75 means it has not compensated investors for its volatility over the window. Higher is better.

What is the benchmark of UTI Short Duration Fund?

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

Who manages UTI Short Duration Fund?

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

How is UTI Short Duration Fund taxed?

UTI 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.