MonitorDirect · Growth
HDFC Ultra Short Term Fund
HDFC Mutual FundDebt Scheme - Ultra Short Duration Fund8 years
The scheme seeks to generate income / capital appreciation through investment in debt securities and money market instruments.
- NAV
- 16.7037
- 15 Sept 2026
- 1Y
- +6.5%
- Trailing CAGR
- AUM
- ₹17,464.92 Cr
- 31 Aug 2026
- Volatility
- Low
- 0.6% annualized
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+6.5%
- 3Y+7.2%
- 5Y+6.5%
- 10Yn/a
- SI+6.6%
SIP XIRR
Equal monthly instalments to latest NAV
- 1Y+6.7%
- 3Y+7.0%
- 5Y+7.0%
- 10Yn/a
- Since inception
- +6.6%
- Calendar-day CAGR
- Excess 1Y
- -0.3%
- Category median, same plan and option
- 3Y win rate
- +39%
- Windows beating the median
- 3Y percentile
- 33
- Vs comparable share classes
- Worst rolling 3Y
- +5.0%
- 1205 daily-ending windows
- Median rolling 3Y
- +6.1%
- Calendar-day CAGR
- Positive rolling 5Y
- +100%
- 720 daily-ending windows
- SIP 3Y XIRR
- +7.0%
- Simulated monthly SIP
Drawdown
Peak to trough from a running NAV high. Move across the path to read a date.
Drawdown
Path not in current snapshots
n/a
- Average recovery
- 3 days
- 69 recovered episodes
- Longest recovery
- 21 days
- Trough to prior peak
- Current spell
- 6 days
- Days below latest peak
- Time below peak
- +9%
- NAV observations
11 Mar 2020 – 27 Mar 2020
Trough 24 Mar 2020 · recovered in 3 days
-1.0%
2 May 2022 – 27 May 2022
Trough 6 May 2022 · recovered in 21 days
-0.2%
23 Apr 2020 – 5 May 2020
Trough 28 Apr 2020 · recovered in 7 days
-0.2%
7 Apr 2020 – 17 Apr 2020
Trough 9 Apr 2020 · recovered in 8 days
-0.1%
Dimensions
0–100 reads of named metrics. The mean is unweighted and only uses dimensions with data.
Returns
33
Vs category
48
Consistency
35
Risk-adjusted
100
Drawdown
98
Mean
63
Portfolio
31 Aug 2026 · 126 holdings · top 10 are 34.4%.
- Top 5
- 22.8%
- Top 10
- 34.4%
- Largest holding
- 7.7%
- Effective holdings
- 47.8
NATIONAL BANK FOR FINANCING INFRASTRUCTURE AND DEVELOPMENT CD 12MAR27
Financial
7.7%
GOVERNMENT OF INDIA 37630 182 DAYS TBILL 31DC26 FV RS 100
Financial
4.5%
SMALL INDUSTRIES DEVELOPMENT BANK OF INDIA CD 18DEC26
Financial
4.3%
Reserve Bank of India T-Bills 182-D
Financial
3.4%
TATA TELESERVICES (MAHARASHTRA) LTD 364D CP 17NOV26
Technology
2.8%
What changed
DECISION
Status moved from HEALTHY to MONITOR.
8 Sept 2026
Decision
Quantitative read of the live evidence. An explanation can only restate what is already here.
As of 15 Sept 2026
Monitor
Engine status
Monitor
Recent evidence
Why this status
No status reasons yet. History is still thin.
Supporting reads
- Risk-adjusted return sits above the documented risk-free proxy.
- Peak-to-trough drawdown has stayed shallower than 15%.
Worth investigating
Same-category peers with enough history to inspect beside this fund.
Tata Ultra Short Term Fund
Tata Mutual Fund
- 1Y
- +7.0%
- 3Y
- +7.5%
- Vol
- 0.5%
- Max DD
- -0.7%
- Sharpe
- 2.67
- 3Y win
- +66%
- Lower volatility
- Shallower drawdown
- Higher win rate vs category
- Higher trailing returns
Franklin India Ultra Short Bond Fund (no. of segregated portfolio-1)
Franklin Templeton Mutual Fund
- 1Y
- +13.7%
- 3Y
- +8.7%
- Vol
- 1.6%
- Max DD
- -4.4%
- Sharpe
- 2.19
- 3Y win
- +100%
- Higher win rate vs category
- Higher trailing returns
Caveat: Higher volatility · Deeper drawdown
ICICI Prudential Ultra Short term Fund
ICICI Prudential Mutual Fund
- 1Y
- +6.8%
- 3Y
- +7.4%
- Vol
- 1.7%
- Max DD
- -7.5%
- Sharpe
- 1.56
- 3Y win
- +100%
- Higher win rate vs category
- Higher trailing returns
Caveat: Higher volatility · Deeper drawdown
Kotak Treasury Advantage
Kotak Mahindra Mutual Fund
- 1Y
- 0.0%
- 3Y
- 0.0%
- Vol
- 0.4%
- Max DD
- -0.9%
- Sharpe
- -13.88
- 3Y win
- +14%
- Lower volatility
- Shallower drawdown
Caveat: Lower trailing returns