Strota / Ultra Short to Short Term Funds Compared

Ultra Short to Short Term Funds Compared

Every ultra short to short term mutual fund's 1, 3 and 5-year return, SIP return and record against the Nifty 50, ranked by a stated measure, from AMFI NAVs.

In short · Updated 30 Oct 2026

As of 30 Sep 2026, there are 20 ultra short to short term funds with at least 3 years of NAVs. Over 5 years their direct plans returned a median 6.6% a year. The highest 5-year return was Aditya Birla Sun Life Ultra short to short term Fund at 6.8% a year.

Check any fund against its index →

All ultra short to short term funds, ranked by 5-year return

#Fund1y3y5y10y5y regular5y SIP XIRRExpense ratio (direct)
1Aditya Birla Sun Life Ultra short to short term Fund6.1%7.3%6.8%7.2%5.9%7.1%0.42%
2Nippon India Ultra Short to Short Term Fund6.4%7.4%6.7%7.0%6.1%7.2%0.39%
3HDFC Ultra Short to Short Term Fund6.2%7.4%6.7%7.1%6.1%7.2%0.46%
4Kotak Ultra Short to Short Term Fund6.3%7.5%6.7%7.3%5.9%7.2%0.41%
5Axis Ultra Short to Short Term Fund6.3%7.4%6.7%7.0%6.3%7.2%0.37%
6Mahindra Manulife Ultra Short to Short Term Fund6.3%7.4%6.7%—5.9%7.2%0.35%
7ICICI Prudential Ultra Short to Short Term Fund6.3%7.4%6.7%7.1%6.5%7.2%0.42%
8Mirae Asset Ultra Short to Short Term Fund6.3%7.4%6.6%6.6%6.0%7.1%0.21%
9UTI Ultra Short to Short Term Fund6.2%7.2%6.6%6.0%6.2%7.0%0.37%
10LIC MF Ultra Short to Short Term fund6.4%7.3%6.5%6.5%5.9%7.1%0.24%
11Tata Ultra Short to Short Term Fund6.4%7.3%6.5%6.2%6.2%7.0%0.27%
12SBI Ultra Short to Short Term Fund5.9%7.2%6.5%6.8%6.0%6.9%0.44%
13JM Ultra Short to Short Term Fund6.2%7.3%6.5%—6.0%7.0%0.40%
14Canara Robeco Ultra Short to Short Term Fund6.2%7.2%6.5%6.6%6.2%7.0%0.21%
15DSP Ultra Short to Short Term Fund5.9%7.1%6.4%6.8%6.1%6.9%0.31%
16Invesco India Ultra Short to Short Term Fund6.0%7.1%6.4%6.8%6.1%6.9%0.34%
17Bandhan Ultra Short To Short Term Fund6.1%7.1%6.4%6.7%6.1%6.9%0.36%
—Baroda BNP Paribas Ultra Short To Short Term Fund6.3%7.4%————0.29%
—HSBC Ultra Short to Short Term Fund6.3%7.8%————0.40%
—Sundaram Ultra Short to Short Term Fund (Formerly Known as Sundaram Low Duration Fund)6.0%7.3%————0.40%

Direct plans, Growth option, to 30 Sep 2026. Funds that closed or merged are not in AMFI's current list, so the category looks a little better than investors actually did (survivorship). Returns are yearly (CAGR) from AMFI month-end NAVs of the Growth option. An index's return is measured through a low-cost index fund's direct plan, so it is a little below the index itself. Past returns do not tell you what a fund will do next, and this is not a recommendation to buy or sell any fund. Other categories: all mutual fund categories.

Key takeaways

Frequently asked questions

Which ultra short to short term fund has given the highest returns?

Over the 5 years to 30 Sep 2026, Aditya Birla Sun Life Ultra short to short term Fund (direct plan) at 6.8% a year. Past returns do not predict future ones.

What is the average return of ultra short to short term funds?

The median direct plan returned 6.6% a year over 5 years to 30 Sep 2026.

Check any fund against its index →

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