MonitorDirect · GrowthWatch before adding
UTI Ultra Short to Short Term Fund
UTI Mutual FundIncome/Debt Oriented Schemes - Ultra Short to Short Term Fund13.8 years
- NAV
- 3,899.0475
- 29 Oct 2026
- 1Y
- +5.7%
- Trailing CAGR
- AUM
- ₹2,604.27 Cr
- 30 Sept 2026
- Volatility
- Low
- 2.8% 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
Watch before adding
Recent evidence is mixed. Compare peers before increasing exposure.
In three lines
Fits if · Peak-to-trough drawdown has stayed shallower than 15%.
Prefer peers if · Prefer Mahindra Manulife Ultra Short to Short Term Fund if you want a same-category peer with stronger evidence.
Buy checklist
History depth
Pass
13.8 years of path to read.
Engine status
Watch
Recent evidence is mixed. Compare peers before increasing exposure.
Expense ratio
Pass
0.37% TER (Direct). Lower cost compounds on long SIPs.
Drawdown vs peers
Pass
Peak-to-trough -12.1%. Ask whether you can hold through a similar fall.
Vs category
Watch
50% of rolling 3Y windows beat the category median, same plan and option.
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 ≈ 43.2% of the portfolio.
Browse category
Same-category peers are preloaded into compare when available.
Before you buy or SIP
Behaviour and wrappers - the usual India MF failure modes - not a buy instruction.
SIP discipline
Monitor is recent mixed evidence - keep the SIP unless the buying brief says prefer peers, then swap with intent.
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+5.7%
- 3Y+7.1%
- 5Y+6.5%
- 10Y+6.0%
- SI+6.9%
SIP XIRR
Equal monthly instalments to latest NAV
- 1Y+5.7%
- 3Y+6.7%
- 5Y+6.8%
- 10Y+6.4%
- Since inception
- +6.9%
- Calendar-day CAGR
- Excess 1Y
- -0.1%
- Category median, same plan and option
- 3Y win rate
- +50%
- Windows beating the median
- 3Y percentile
- 26
- Vs comparable share classes
- SIP 3Y XIRR
- +6.7%
- Simulated monthly SIP
- Worst rolling 3Y
- +2.8%
- 2619 daily-ending windows
- Median rolling 3Y
- +7.3%
- Calendar-day CAGR
- Positive rolling 5Y
- +100%
- 2136 daily-ending windows
Drawdown
Peak to trough from a running NAV high, with the path and recovery episodes.
- Max drawdown
- -12.1%
- Worst peak-to-trough
- Current
- -0.0%
- Below last peak
- Current spell
- 16 days
- Days below latest peak
- Time below peak
- +22%
- NAV observations
Drawdown
Path not in current snapshots
n/a
- Average recovery
- 8 days
- 125 recovered episodes
- Longest recovery
- 577 days
- Trough to prior peak
3 Jun 2019 – 4 Jan 2021
Trough 7 Jun 2019 · recovered in 577 days
-12.1%
2 May 2022 – 3 Jun 2022
Trough 6 May 2022 · recovered in 28 days
-0.4%
15 Jul 2013 – 2 Aug 2013
Trough 16 Jul 2013 · recovered in 17 days
-0.3%
10 May 2019 – 23 May 2019
Trough 15 May 2019 · recovered in 8 days
-0.3%
Dimensions
0–100 reads of named metrics. The mean is unweighted and only uses dimensions with data.
Returns
26
Vs category
49
Consistency
48
Risk-adjusted
44
Drawdown
70
Mean
47
Decision
Quantitative engine reasons behind the buying stance. An explanation can only restate what is already here.
Monitor
Buying stance
Watch before adding
Recent evidence is mixed. Compare peers before increasing exposure.
Why this status
No status reasons yet. History is still thin.
Supporting reads
- Peak-to-trough drawdown has stayed shallower than 15%.
Portfolio
30 Sept 2026 · 51 holdings · top 10 are 43.2%.
- Top 5
- 28.2%
- Top 10
- 43.2%
- Largest holding
- 7.6%
- Effective holdings
- 32.7
GOVERNMENT OF INDIA 36814 364 DAYS TBILL 10DC26 FV RS 100
Financial
7.6%
Net Current Assets
Unspecified
6.6%
REC LIMITED SR 230-A 7.71 BD 26FB27 FVRS1LAC
Financial
5.4%
NATIONAL BANK FOR AGRICULTURE AND RURAL DEVELOPMENT SR 24E 7.80 BD 15MR27 FVRS1LAC
Financial
4.8%
MAHINDRA RURAL HOUSING FINANCE LIMITED SR MRHFLDD2023 8.45 NCD 22JN27 FVRS1LAC
Financial
3.9%
Worth investigating
Same-category peers with enough history to inspect beside this fund - including tradeoffs.
Mahindra Manulife Ultra Short to Short Term Fund
Mahindra Manulife Mutual Fund
- 1Y
- +5.9%
- 3Y
- +7.3%
- Vol
- 0.6%
- Max DD
- -1.0%
- Sharpe
- 1.57
- 3Y win
- +77%
- Lower volatility
- Shallower drawdown
- Higher win rate vs category
- Lower TER
- Higher trailing returns
Aditya Birla Sun Life Ultra short to short term Fund
Aditya Birla Sun Life Mutual Fund
- 1Y
- +5.6%
- 3Y
- +7.2%
- Vol
- 0.8%
- Max DD
- -1.7%
- Sharpe
- 2.49
- 3Y win
- +100%
- Lower volatility
- Shallower drawdown
- Higher win rate vs category
- Higher trailing returns
Caveat: Higher TER
Axis Ultra Short to Short Term Fund
Axis Mutual Fund
- 1Y
- +5.9%
- 3Y
- +7.3%
- Vol
- 0.7%
- Max DD
- -1.5%
- Sharpe
- 2.52
- 3Y win
- +84%
- Lower volatility
- Shallower drawdown
- Higher win rate vs category
- Higher trailing returns
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
- Shallower drawdown
- Higher win rate vs category
- Higher trailing returns
HDFC Ultra Short to Short Term Fund
HDFC Mutual Fund
- 1Y
- +5.7%
- 3Y
- +7.3%
- Vol
- 0.7%
- Max DD
- -1.3%
- Sharpe
- 2.27
- 3Y win
- +84%
- Lower volatility
- Shallower drawdown
- Higher win rate vs category
- Higher trailing returns
Caveat: Higher TER