HealthyDirect · Growth
Tata Ultra Short Term Fund
Tata Mutual FundDebt Scheme - Ultra Short Duration Fund7.6 years
The scheme seeks to generate returns through investment in Debt & Money Market instruments such that the Macaulay duration of the portfolio is between 3 months - 6 months.
- NAV
- 16.166
- 15 Sept 2026
- 1Y
- +7.0%
- Trailing CAGR
- AUM
- ₹6,494.54 Cr
- 31 Aug 2026
- Volatility
- Low
- 0.5% 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+7.0%
- 3Y+7.5%
- 5Y+6.8%
- 10Yn/a
- SI+6.5%
SIP XIRR
Equal monthly instalments to latest NAV
- 1Y+7.3%
- 3Y+7.4%
- 5Y+7.3%
- 10Yn/a
- Since inception
- +6.5%
- Calendar-day CAGR
- Excess 1Y
- +0.5%
- Category median, same plan and option
- 3Y win rate
- +66%
- Windows beating the median
- 3Y percentile
- 100
- Vs comparable share classes
- Worst rolling 3Y
- +4.8%
- 1125 daily-ending windows
- Median rolling 3Y
- +6.0%
- Calendar-day CAGR
- Positive rolling 5Y
- +100%
- 641 daily-ending windows
- SIP 3Y XIRR
- +7.4%
- 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
- 62 recovered episodes
- Longest recovery
- 20 days
- Trough to prior peak
- Current spell
- 0 days
- Days below latest peak
- Time below peak
- +8%
- NAV observations
11 Mar 2020 – 27 Mar 2020
Trough 24 Mar 2020 · recovered in 3 days
-0.7%
2 May 2022 – 26 May 2022
Trough 6 May 2022 · recovered in 20 days
-0.2%
23 Apr 2020 – 6 May 2020
Trough 28 Apr 2020 · recovered in 8 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
100
Vs category
53
Consistency
69
Risk-adjusted
100
Drawdown
98
Mean
84
Portfolio
31 Aug 2026 · 46 holdings · top 10 are 67.7%.
- Top 5
- 47.0%
- Top 10
- 67.7%
- Largest holding
- 17.3%
- Effective holdings
- 14.2
Others IRS
Unspecified
17.3%
NATIONAL BANK FOR AGRICULTURE AND RURAL DEVELOPMENT SR 24E 7.80 BD 15MR27 FVRS1LAC
Financial
8.2%
Repo
Unspecified
7.7%
HDFC BANK LIMITED CD 14DEC26
Financial
7.6%
REC LIMITED SR 232 A 7.59 BD 31MY27 FVRS1LAC
Financial
6.2%
What changed
PERFORMANCE
Recent rolling excess versus the category median has deteriorated.
8 Sept 2026
Decision
Quantitative read of the live evidence. An explanation can only restate what is already here.
As of 15 Sept 2026
Healthy
Engine status
Healthy
Doing its job
Why this status
- No material deterioration, cost shock, or persistent category underperformance in the current evidence set.
Supporting reads
- The fund beat the category median in 66% of rolling 3-year windows.
- Three-year return is above the category median.
- 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.
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
Caveat: Higher volatility · Deeper drawdown · Lower trailing returns
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
Caveat: Deeper drawdown · Lower trailing returns