HealthyDirect · GrowthFit for a long SIP
Edelweiss Ultra Short to Short Term Fund
Edelweiss Mutual FundIncome/Debt Oriented Schemes - Ultra Short to Short Term Fund1.6 years
- NAV
- 1,109.6628
- 29 Oct 2026
- 1Y
- +5.9%
- Trailing CAGR
- AUM
- ₹500.83 Cr
- 31 Aug 2026
- Volatility
- Low
- 0.6% annualized
Buying brief
Should you add this fund?
Evidence on this desk, framed as a purchase checklist - not SEBI-registered advice.
As of 29 Oct 2026
Stance
Fit for a long SIP
Evidence supports keeping this on a shortlist for a multi-year equity SIP.
In three lines
Fits if · Risk-adjusted return sits above the documented risk-free proxy.
Fits if · Peak-to-trough drawdown has stayed shallower than 15%.
Buy checklist
History depth
Fail
1.6 years - thin for judging consistency.
Engine status
Pass
Evidence supports keeping this on a shortlist for a multi-year equity SIP.
Expense ratio
Pass
0.25% TER (Direct). Lower cost compounds on long SIPs.
Drawdown vs peers
Pass
Peak-to-trough -0.2%. Ask whether you can hold through a similar fall.
Vs category
n/a
Category relative read still thin.
Manager tenure
n/a
Manager not listed.
Exit load
n/a
No exit-load summary on file.
Tax / wrapper
Pass
Direct Growth, no ELSS lock flagged. Equity LTCG rules still apply after one year - not tax advice.
Portfolio concentration
Pass
Top 10 holdings ≈ 54.1% of the portfolio.
Evidence supports a shortlist - confirm with peers before you buy elsewhere.
NAV
Path not in current snapshots
n/a
Returns
Trailing CAGR and simulated monthly SIP XIRR from daily NAV. Category comparison uses the median of comparable share classes in the peer set.
Trailing CAGR
Point-to-point, calendar-day annualized
- 1Y+5.9%
- 3Yn/a
- 5Yn/a
- 10Yn/a
- SI+6.6%
SIP XIRR
Equal monthly instalments to latest NAV
- 1Y+5.8%
- 3Yn/a
- 5Yn/a
- 10Yn/a
- Since inception
- +6.6%
- Calendar-day CAGR
- Excess 1Y
- +0.1%
- Category median, same plan and option
- 3Y win rate
- n/a
- Windows beating the median
- 3Y percentile
- n/a
- Vs comparable share classes
- SIP 3Y XIRR
- n/a
- Simulated monthly SIP
- Worst rolling 3Y
- n/a
- 0 daily-ending windows
- Median rolling 3Y
- n/a
- Calendar-day CAGR
- Positive rolling 5Y
- n/a
- 0 daily-ending windows
Drawdown
Peak to trough from a running NAV high, with the path and recovery episodes.
- Max drawdown
- -0.2%
- Worst peak-to-trough
- Current
- -0.0%
- Below last peak
- Current spell
- 16 days
- Days below latest peak
- Time below peak
- +27%
- NAV observations
Drawdown
Path not in current snapshots
n/a
- Average recovery
- 3 days
- 37 recovered episodes
- Longest recovery
- 8 days
- Trough to prior peak
11 May 2026 – 29 May 2026
Trough 21 May 2026 · recovered in 8 days
-0.2%
13 Oct 2026 – open
Trough 23 Oct 2026 · not recovered
-0.1%
9 Jun 2025 – 19 Jun 2025
Trough 13 Jun 2025 · recovered in 6 days
-0.1%
6 Jul 2026 – 13 Jul 2026
Trough 8 Jul 2026 · recovered in 5 days
-0.1%
Dimensions
0–100 reads of named metrics. The mean is unweighted and only uses dimensions with data.
Returns
35
Vs category
50
Consistency
12
Risk-adjusted
90
Drawdown
100
Mean
57
Decision
Quantitative engine reasons behind the buying stance. An explanation can only restate what is already here.
Healthy
Buying stance
Fit for a long SIP
Evidence supports keeping this on a shortlist for a multi-year equity SIP.
Why this status
- No material deterioration, cost shock, or persistent category underperformance in the current evidence set.
Supporting reads
- Risk-adjusted return sits above the documented risk-free proxy.
- Peak-to-trough drawdown has stayed shallower than 15%.
Portfolio
31 Aug 2026 · 25 holdings · top 10 are 54.1%.
- Top 5
- 29.5%
- Top 10
- 54.1%
- Largest holding
- 9.8%
- Effective holdings
- 18.8
PUNJAB NATIONAL BANK CD 15DEC26
Financial
9.8%
SMALL INDUSTRIES DEVELOPMENT BANK OF INDIA SR V 7.51 BD 12JU28 FVRS1LAC
Financial
9.0%
Maharashtra State SDL 7.25 28/12/2026
Unspecified
5.0%
HINDUSTAN PETROLEUM CORPORATION LIMITED SR I 7.74 NCD 02MR28 FVRS1LAC
Energy & Utilities
5.0%
NATIONAL HOUSING BANK 7.59 BD 08SP27 FVRS1LAC
Financial
5.0%
Worth investigating
Same-category peers with enough history to inspect beside this fund - including tradeoffs.
BARODA BNP PARIBAS ULTRA SHORT TO SHORT TERM FUND - Weekly Option
Baroda BNP Paribas Mutual Fund
- 1Y
- +6.0%
- 3Y
- +7.2%
- Vol
- 0.5%
- Max DD
- -0.6%
- Sharpe
- 1.84
- 3Y win
- +81%
- Lower volatility
- Higher win rate vs category
- Higher trailing returns
Caveat: Deeper drawdown
Franklin India Ultra Short to Short Term Fund
Franklin Templeton Mutual Fund
- 1Y
- +6.0%
- 3Y
- n/a
- Vol
- 0.6%
- Max DD
- -0.1%
- Sharpe
- 2.03
- 3Y win
- n/a
- Shallower drawdown
- Higher win rate vs category
- Higher trailing returns
Caveat: Higher volatility · Higher TER
Sundaram Ultra Short to Short Term Fund (Formerly Known as Sundaram Low Duration Fund)
Sundaram Mutual Fund
- 1Y
- +5.7%
- 3Y
- +7.2%
- Vol
- 0.5%
- Max DD
- -0.2%
- Sharpe
- 1.75
- 3Y win
- +53%
- Lower volatility
- Higher win rate vs category
- Higher trailing returns
Caveat: Deeper drawdown · Higher TER
LIC MF Ultra Short to Short Term fund
LIC Mutual Fund
- 1Y
- +6.0%
- 3Y
- +7.3%
- Vol
- 2.0%
- Max DD
- -6.2%
- Sharpe
- 0.65
- 3Y win
- +36%
- Higher win rate vs category
- Lower TER
- Higher trailing returns
Caveat: Higher volatility · Deeper drawdown
Mirae Asset Ultra Short to Short Term Fund
Mirae Asset Mutual Fund
- 1Y
- +5.9%
- 3Y
- +7.3%
- Vol
- 0.7%
- Max DD
- -1.4%
- Sharpe
- 1.58
- 3Y win
- +19%
- Higher win rate vs category
- Lower TER
- Higher trailing returns
Caveat: Higher volatility · Deeper drawdown