Analytics, not advice. Rankings and scores describe past performance and are not recommendations.

Top Ultra Short Duration Funds in India — ranked by FundScore

Ultra short duration funds hold debt with a portfolio duration of 3–6 months. They sit one step out from liquid funds on the risk-return ladder — slightly higher yields, slightly more rate and credit sensitivity — and suit money needed in a few months to a year.

The ranking below is a published-formula percentile within this SEBI category (consistency, recency and volatility of returns) — refreshed daily from public AMFI NAV data. It describes past performance; it is not a recommendation to buy or sell.

Funds shown
25
Top of the category by FundScore
Median 1Y return
6.58%
Across the funds shown
Median expense ratio
0.30%
Direct plans, across the funds shown
Top 25 ultra short duration funds
Sorted by FundScore percentile within the category. Click any fund for NAV history, rolling returns and holdings.
#FundFundScore1Y3Y5YExpenseAUM
1Nippon India Ultra Short Duration Fund- Direct Plan- Growth Option
Nippon India Mutual Fund
strong · p100
6.93%7.60%6.94%0.33%—
2Tata Ultra Short Term Fund-Direct Plan-Growth
Tata Mutual Fund
strong · p99
6.90%7.51%6.70%0.26%—
3UTI Ultra Short Duration Fund - Direct Plan - Flexi IDCW
UTI Mutual Fund
strong · p98
6.58%7.33%7.13%0.35%—
4UTI Ultra Short Duration Fund - Direct Plan - Growth Option
UTI Mutual Fund
strong · p97
6.58%7.33%7.13%0.35%—
5UTI Ultra Short Duration Fund - Direct Plan - Daily IDCW (Reinvestment)
UTI Mutual Fund
strong · p96
6.58%7.33%7.13%0.35%—
6UTI Ultra Short Duration Fund - Direct Plan - Quarterly IDCW
UTI Mutual Fund
strong · p95
6.58%7.33%7.13%0.35%—
7Axis Ultra Short Duration Fund - Direct Plan Growth
Axis Mutual Fund
strong · p94
6.70%7.45%6.71%0.40%—
8Axis Ultra Short Duration Fund - Direct Plan - Regular IDCW
Axis Mutual Fund
strong · p93
6.70%7.45%6.70%0.40%—
9TATA Ultra Short Term Fund-Direct Plan - Monthly Payout of Income Distribution cum capital withdrawal option
Tata Mutual Fund
strong · p92
6.94%7.33%6.73%0.26%—
10TATA Ultra Short Term Fund Direct Plan - Monthly Reinvestment of Income Distribution cum capital withdrawal option
Tata Mutual Fund
strong · p92
6.94%7.33%6.73%0.26%—
11ICICI Prudential Ultra Short Term Fund - Direct Plan - Growth
ICICI Prudential Mutual Fund
strong · p91
6.66%7.43%6.72%0.34%—
12Aditya Birla Sun Life Savings Fund - Growth - Direct Plan
Aditya Birla Sun Life Mutual Fund
strong · p91
6.60%7.51%6.70%0.26%—
13Mirae Asset Ultra Short Duration Fund Direct Growth
Mirae Asset Mutual Fund
strong · p90
6.70%7.45%6.63%0.16%—
14Mirae Asset Ultra Short Duration Fund Direct IDCW
Mirae Asset Mutual Fund
strong · p90
6.68%7.44%6.62%0.16%—
15DSP Ultra Short Fund - Direct Plan - Growth
DSP Mutual Fund
strong · p89
6.65%7.43%6.59%0.30%—
16Mahindra Manulife Ultra Short Duration Fund - Direct Plan -Growth
Mahindra Manulife Mutual Fund
strong · p89
6.58%7.31%6.54%0.26%—
17UTI Ultra Short Duration Fund - Direct Plan - Annual IDCW
UTI Mutual Fund
strong · p88
6.58%7.33%6.39%0.35%—
18BANDHAN ULTRA SHORT DURATION FUND - DIRECT PLAN PERIODIC IDCW
Bandhan Mutual Fund
strong · p88
6.56%7.29%6.49%——
19HSBC Ultra Short Duration Fund - Direct Growth
HSBC Mutual Fund
strong · p87
6.48%7.24%6.49%0.14%—
20Baroda BNP Paribas Ultra Short Duration Fund- Direct Plan- Growth
Baroda BNP Paribas Mutual Fund
strong · p87
6.51%7.26%6.58%0.24%—
21HDFC Ultra Short Term Fund - Direct Plan-Growth Option
HDFC Mutual Fund
strong · p86
6.36%7.24%6.49%0.39%—
22UTI Ultra Short Duration Fund - Direct Plan - Half-Yearly IDCW
UTI Mutual Fund
strong · p86
6.58%7.33%6.22%0.35%—
23Aditya Birla Sun Life Savings Fund - Growth - Regular Plan
Aditya Birla Sun Life Mutual Fund
strong · p85
6.32%7.26%6.48%——
24LIC MF Ultra Short Duration Fund-Direct Plan-Growth
LIC Mutual Fund
strong · p85
6.63%7.19%6.22%0.24%—
25BANDHAN ULTRA SHORT DURATION FUND - DIRECT PLAN GROWTH
Bandhan Mutual Fund
strong · p84
6.46%7.18%6.39%0.23%—
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