Maintains a portfolio Macaulay duration of 3-6 months, sitting between liquid/overnight funds and Low Duration funds on the maturity spectrum.
Taxation: typically taxed at the investor's income-tax slab rate regardless of holding period, following the debt-fund taxation rules in effect since 2023. This is general information, not tax advice — confirm current rules for your situation with a qualified professional.
1 Day
+0.03%
1 Week
+0.21%
1 Month
+0.93%
1 Year
+6.50%
Median NAV change across direct-plan, growth-option schemes in this category. Updated daily from AMFI.
Top & bottom performing schemes
Top 3
Baroda BNP Paribas Ultra Short Duration Fund- Direct Plan- Growth+0.04%
Mirae Asset Ultra Short Duration Fund Direct Growth+0.04%
Motilal Oswal Ultra Short Term Fund (MOFUSTF) -Direct Plan- Growth+0.04%
Bottom 3
Sundaram Ultra Short Duration Fund (Formerly Known as Principal Ultra Short Term Fund)- Direct Plan -Growth Option+0.02%
Franklin India Ultra Short Duration Fund+0.02%
CANARA ROBECO ULTRA SHORT TERM FUND - DIRECT PLAN - GROWTH OPTION+0.02%
Top 3
Mirae Asset Ultra Short Duration Fund Direct Growth+0.99%
Axis Ultra Short Duration Fund+0.96%
Invesco India Ultra Short Duration Fund+0.96%
Bottom 3
Motilal Oswal Ultra Short Term Fund (MOFUSTF) -Direct Plan- Growth+0.78%
ITI Ultra Short Duration Fund+0.82%
Mahindra Manulife Ultra Short Duration Fund+0.86%
Top 3
Nippon India Ultra Short Duration Fund- Direct Plan- Growth Option+6.97%
Tata Ultra Short Term Fund-Direct Plan-Growth+6.94%
Axis Ultra Short Duration Fund+6.75%
Bottom 3
Motilal Oswal Ultra Short Term Fund (MOFUSTF) -Direct Plan- Growth+6.25%
WhiteOak Capital Ultra Short Duration Fund- Direct plan-Growth Option+6.26%
PGIM India Ultra Short Duration Fund+6.26%
Explore this category further
See the full live category table on the dashboard, or estimate returns with the MF returns calculator using this category's actual historical median.