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Ultra Short Durationregulargrowth📊 CRISIL Ultra Short Duration Debt A-I Index

HDFC Ultra Short Term Fund - Growth Option

HDFC Mutual Fund

#10 of 27 (1Y)

₹15.9171

0.01 (+0.07%)

NAV as of 29 May 2026

Today's NAV — all variants

Regular · Growth

₹₹15.9171

0.01 (+0.07%)

29 May 2026

AMFI: 145040

Direct · Growth

₹₹16.3114

0.01 (+0.07%)

29 May 2026

AMFI: 145034

Regular · IDCW

₹₹10.1588

0.01 (+0.07%)

29 May 2026

AMFI: 145037

Direct · IDCW

₹₹10.0516

0.01 (+0.07%)

29 May 2026

AMFI: 145035

Returns (Lumpsum)

CAGR for periods ≥ 1 year
1 Week-0.03%
1 Month+0.19%
3 Months+1.27%
6 Months+2.56%
1 Year+5.85%
3 Years (CAGR)+6.83%
5 Years (CAGR)+5.97%
10 Years (CAGR)
Since Inception (Sept 2018)+6.25%

SIP Returns (XIRR)

₹1,000/month SIP, annualised
1 Year SIP+5.48%
3 Year SIP+6.58%
5 Year SIP+6.49%
Since Inception (Sept 2018)+6.17%

SIP since inception — what ₹100/month became

Real NAV backtest from day one

₹9,200

Invested

₹11,678

Value today

6.1%

XIRR (p.a.)

100/month SIP from fund inception · Current value as of today

Try SIP Calculator with this fund's history

100 lumpsum at launch — value today

Invested on the fund's first NAV date

₹100

Invested

₹159

Value today

6.2%

CAGR (p.a.)

One-time investment at fund inception · Growth purely from NAV appreciation

Try Lumpsum Calculator

₹10L corpus with ₹5,000/month withdrawals since inception

Corpus is still growing despite monthly payouts

₹10,00,000

Initial corpus

₹4,60,000

Withdrawn

₹10,07,800

Corpus left

+₹4,67,800 net gain — withdrew ₹4,60,000 AND corpus grew

Plan your SWP with real NAV

₹1 lakh on the worst crash day — 22 Mar 2020

Worst single-day Nifty drop during this fund's life

₹1,00,000

Invested

₹1,43,835

Value today

1.4×

Multiple

Staying invested through that crash turned ₹1L into ₹1,43,835 — a 1.4× return

Read: Staying invested through crashes

Direct vs Regular — ₹500/month over 7 years

Expense ratio drag on your actual returns

Direct plan

₹53,607

Regular plan

₹52,950

Direct earns ₹657 more on a ₹42K investment0.22% extra return per year

Same fund, same NAV history — only the expense ratio differs. Direct plans always outperform Regular over time.

Learn about Direct vs Regular plans

Fund Details

Fund HouseHDFC Mutual Fund
CategoryUltra Short Duration
Plan Typeregular
Optiongrowth
AUM₹17,370 Cr
Expense Ratio0.73%
Min SIP₹100
Min Lumpsum₹100
BenchmarkCRISIL Ultra Short Duration Debt A-I Index
Launch Date18 Sept 2018
AMFI Code145040

Risk Metrics

Trailing 1 year, annualised

0.73

Sharpe Ratio

Alpha

Beta

0.97

Sortino

0.38%

Std Dev

-0.05%

Max Drawdown

Portfolio Holdings

Top 50 holdings · as of Mar 2026

Security% NAV

National Bank for Financing Infrastructure and Development^

INE0KUG16038

8.17%

National Bank for Financing Infrastructure and Development^

INE0KUG16038

7.87%

Small Industries Development Bank^

INE556F16BU6

4.74%

Small Industries Development Bank^

INE556F16BU6

4.57%

Bank of Baroda^

INE028A16KW4

2.96%

364 Days Tbill Mat 060826^

IN002025Z195

2.94%

Yes Bank Ltd.^

INE528G16X29

2.93%

National Bank for Agri & Rural Dev.

INE261F16AQ3

2.91%

Bank of Baroda^

INE028A16KW4

2.86%

Yes Bank Ltd.^

INE528G16X29

2.82%

National Bank for Agri & Rural Dev.^

INE261F16AQ3

2.81%

Tata Communications Limited^

INE151A08349

2.54%

Indian Overseas Bank^

INE565A16BR4

2.34%

Indian Overseas Bank^

INE565A16BR4

2.25%

National Bank for Agri & Rural Dev.

INE261F08DX0

2.24%

Tata Communications Limited^

INE151A08349

2.18%

Radhakrishna Securitisation Trust Group PTC ISD 150925 Mat 280928^

INE2I7H15018

2.14%

Small Industries Development Bank

INE556F16BQ4

2.09%

Radhakrishna Securitisation Trust (Originator - Jamnagar Utilities & Power Private Limited)^

INE2I7H15018

2.06%

Small Industries Development Bank^

INE556F16BQ4

2.01%

National Bank for Agri & Rural Dev.

INE261F08EM1

1.79%

182 Days TBill Mat 280526^

IN002025Y354

1.70%

Bank of Baroda^

INE028A16JF1

1.68%

Bajaj Housing Finance Ltd.^

INE377Y07441

1.65%

182 Days TBill Mat 280526

IN002025Y354

1.64%

National Bank for Agri & Rural Dev.^

INE261F08EF5

1.56%

National Bank for Agri & Rural Dev.

INE261F08EM1

1.56%

Poonawalla Fincorp Ltd^

INE511C07946

1.54%

Axis Bank Ltd.^

INE238AD6BC1

1.52%

Karur Vysya Bank Ltd.^

INE036D16JD3

1.51%

National Bank for Agri & Rural Dev.^

INE261F08EF5

1.50%

Poonawalla Fincorp Ltd^

INE511C07946

1.48%

Punjab National Bank

INE160A16UE2

1.47%

TATA Capital Housing Finance Ltd.^

INE033L14OO5

1.47%

Axis Bank Ltd.^

INE238AD6BC1

1.46%

Canara Bank^

INE476A16H43

1.46%

Kotak Mahindra Bank Limited^

INE237AD6166

1.46%

Karur Vysya Bank Ltd.^

INE036D16JD3

1.45%

TATA Capital Housing Finance Ltd.^

INE033L14OO5

1.42%

Kotak Mahindra Bank Limited^

INE237AD6166

1.41%

Punjab National Bank

INE160A16UE2

1.41%

LIC Housing Finance Ltd.^

INE115A07RE1

1.25%

364 Days TBill Mat 100426^

IN002025Z021

1.25%

360 One Prime Limited^

INE248U07GI2

1.24%

182 Days TBILL MAT 110626^

IN002025Y370

1.23%

182 Days TBILL MAT 09072026

IN002025Y404

1.23%

Tata Teleservices (Maharashtra) Ltd.^

INE517B14AH1

1.23%

BROOKFIELD INDIA REAL ESTATE TRUST^

INE0FDU07018

1.23%

ONGC Petro Additions Limited (Letter Of Comfort By ONGC Limited)^

INE163N08263

1.22%

LIC Housing Finance Ltd.^

INE115A07RE1

1.20%

Performance Comparison

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Investment Objective

HDFC Ultra Short Term Fund - Growth Option by HDFC Mutual Fund is a Ultra Short Duration fund that aims to generate optimal returns for investors based on its investment mandate. The fund follows a disciplined investment process aligned with SEBI regulations for the Ultra Short Duration category.

About This Fund

HDFC Ultra Short Term Fund - Growth Option is a Ultra Short Duration mutual fund offered by HDFC Mutual Fund. The fund has been operational for over 7 years. It manages assets worth ₹17,370 Cr, reflecting investor confidence in the fund's strategy. It benchmarks its performance against CRISIL Ultra Short Duration Debt A-I Index. The current expense ratio is 0.73%.

Who Should Invest?

  • Investors with a high risk appetite seeking long-term wealth creation
  • Investors with an investment horizon of 5 years or more
  • SIP investors who can benefit from rupee cost averaging during market fluctuations