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HDFC Ultra Short Term Fund Direct-growth
Debt
Low to Moderate Risk
Latest AUM
₹ 16,037.1 Cr.
NAV as on 24 jul, 2026
₹ 16.54
+20.58%
3 years annulised
This Fund
Fund Details
Fund Names
HDFC Ultra Short Term Fund Direct-growth
Inception Date
25 Sep 2018
Lock In
No Lock-in
SIP Minimum Investment amount
₹100
SWP Minimum Investment amount
₹500
STP Minimum Investment amount
₹500
Risk
Principal at low to moderate risk
Category Average Annual Returns
7.70
Portfolio Composition Analysis
Debt
95.28%
Cash
4.72%
Portfolio Updated on: 06 Jul, 2026
Sector Allocations
Debt
Financial
Technology
Energy & Utilities
Real Estate
Portfolio Updated on: 24 jul, 2026
Top 10 Holdings
| Name | Sector | Instruments | Assets |
|---|---|---|---|
| NATIONAL BANK FOR FINANCING INFRASTRUCTURE AND DEVELOPMENT CD 12MAR27 | Financial | Certificate of Deposit | 1.00% |
| NATIONAL BANK FOR FINANCING INFRASTRUCTURE AND DEVELOPMENT CD 12MAR27 | Financial | Certificate of Deposit | 1.00% |
| NATIONAL BANK FOR FINANCING INFRASTRUCTURE AND DEVELOPMENT CD 12MAR27 | Financial | Certificate of Deposit | 1.00% |
| NATIONAL BANK FOR FINANCING INFRASTRUCTURE AND DEVELOPMENT CD 12MAR27 | Financial | Certificate of Deposit | 1.00% |
| NATIONAL BANK FOR FINANCING INFRASTRUCTURE AND DEVELOPMENT CD 12MAR27 | Financial | Certificate of Deposit | 8.17% |
| POWER FINANCE CORPORATION LIMITED SR 248A 7.75 NCD 15AP26 FVRS1LAC | Financial | Debenture | 4.89% |
| POWER FINANCE CORPORATION LIMITED SR 248A 7.75 NCD 15AP26 FVRS1LAC | Financial | Debenture | 5.35% |
| GOVERNMENT OF INDIA 36168 091 DAYS TBILL 02OT25 FV RS 100 | Financial | Treasury Bills | 5.09% |
| GOVERNMENT OF INDIA 36168 091 DAYS TBILL 02OT25 FV RS 100 | Financial | Treasury Bills | 5.09% |
| GOVERNMENT OF INDIA 36168 091 DAYS TBILL 02OT25 FV RS 100 | Financial | Treasury Bills | 4.70% |
Debt & Credit Risk Analysis
| Sharpe Ratio | 3.24% |
| Standard Deviation | 0.32% |
Returns Analysis
| Tenure | Absolute | Annualised | Category Average |
|---|---|---|---|
| 3 Months | 1.61% | NA | 1.71% |
| 6 Months | 3.35% | NA | 3.90% |
| 9 Months | 4.67% | NA | 5.74% |
| 1 Year | 6.27% | 6.27% | 7.70% |
| 2 Years | 14.64% | 7.07% | 7.59% |
| 3 Years | 23.26% | 7.22% | 7.34% |
| 5 Years | 36.75% | 6.46% | 6.07% |
| 7 Years | 53.87% | 6.35% | NA |
HDFC Ultra Short Term Fund Direct-growth is one Debt mutual fund offered by HDFC Mutual Fund. Launched on 25 Sep 2018, the fund aims income over short term. income/capital appreciation through investment in debt securities and money market instruments. It manages assets worth ₹16,037.1 crore as on Tue Mar 31, 2026. The expense ratio stands at 0.37%.
Praveen Jain has experience Prior to joining HDFC Mutual Fund, he has worked with Larsen & Toubro Ltd and Tata Motors
Dhruv Muchhal has experience Prior to joining HDFC MF,he has worked with Motilal Oswal Financial Services Ltd., Goldman Sachs, CRISIL Global Research & Analytics and Deloitte Haskins & Sells
Anil Bamboli has experience Prior to joining HDFC AMC he has worked with SBI Fund Management for 11 years.
Top Performing Mutual Funds
| Fund name | |||||||
|---|---|---|---|---|---|---|---|
| UTI Ultra Short Duration Fund Direct-flexi Idcw | 3,130.0 | +0.62% | +1.71% | +3.48% | +6.48% | +7.32% | +7.09% |
| UTI Ultra Short Duration Fund Direct-growth | 3,130.0 | +0.62% | +1.71% | +3.48% | +6.48% | +7.32% | +7.09% |
| UTI Ultra Short Duration Fund Direct-idcw Daily | 3,130.0 | +0.62% | +1.71% | +3.48% | +6.48% | +7.32% | +7.09% |
| UTI Ultra Short Duration Fund Direct-idcw Fortnightly | 3,130.0 | +0.62% | +1.71% | +3.48% | +6.48% | +7.32% | +7.09% |
| UTI Ultra Short Duration Fund Direct-idcw Half Yearly | 3,130.0 | +0.62% | +1.71% | +3.48% | +6.48% | +7.32% | +7.09% |
| UTI Ultra Short Duration Fund Direct-idcw Monthly | 3,130.0 | +0.62% | +1.71% | +3.48% | +6.48% | +7.32% | +7.09% |
| UTI Ultra Short Duration Fund Direct-idcw Quarterly | 3,130.0 | +0.62% | +1.71% | +3.48% | +6.48% | +7.32% | +7.09% |
| UTI Ultra Short Duration Fund Direct-idcw Weekly | 3,130.0 | +0.62% | +1.71% | +3.48% | +6.48% | +7.32% | +7.09% |
| UTI Ultra Short Duration Fund Direct-idcw Yearly | 3,130.0 | +0.62% | +1.71% | +3.48% | +6.48% | +7.32% | +7.09% |
| Nippon India Ultra Short Duration Fund Direct-growth | 9,511.5 | +0.60% | +1.74% | +3.66% | +6.82% | +7.57% | +6.90% |
growth is based on 1-month returns of the funds & Top fund are based on 3Y Returns
More Funds from HDFC Mutual Fund
| Fund name | |||||||
|---|---|---|---|---|---|---|---|
| HDFC Ultra Short Term Fund Regular-growth | 16,037.1 | +0.61% | +1.52% | +3.17% | +5.91% | +6.87% | +6.11% |
| HDFC Ultra Short Term Fund Regular-growth | 16,037.1 | +0.61% | +1.52% | +3.17% | +5.91% | +6.87% | +6.11% |
| HDFC Ultra Short Term Fund Regular-growth | 16,037.1 | +0.61% | +1.52% | +3.17% | +5.91% | +6.87% | +6.11% |
| HDFC Ultra Short Term Fund Regular-growth | 16,037.1 | +0.61% | +1.52% | +3.17% | +5.91% | +6.87% | +6.11% |
| HDFC Ultra Short Term Fund Regular-idcw Daily | 16,037.1 | +0.61% | +1.52% | +3.17% | +5.91% | +6.87% | +6.11% |
| HDFC Ultra Short Term Fund Direct-idcw Daily | 16,037.1 | +0.64% | +1.61% | +3.35% | +6.27% | +7.22% | +6.46% |
growth is based on 1-month returns of the funds
Top Mutual Funds
| Fund name | |||||||
|---|---|---|---|---|---|---|---|
| Aditya Birla Sun Life Savings Direct-growth | 19,347.8 | +0.66% | +1.71% | +3.45% | +6.49% | +7.48% | +6.67% |
| Aditya Birla Sun Life Savings Regular-growth | 19,347.8 | +0.64% | +1.64% | +3.31% | +6.21% | +7.24% | +6.45% |
| Aditya Birla Sun Life Savings Direct-growth | 19,347.8 | +0.66% | +1.71% | +3.45% | +6.49% | +7.48% | +6.67% |
| Aditya Birla Sun Life Savings Regular-growth | 19,347.8 | +0.64% | +1.64% | +3.31% | +6.21% | +7.24% | +6.45% |
| Aditya Birla Sun Life Savings Direct-growth | 19,347.8 | +0.66% | +1.71% | +3.45% | +6.49% | +7.48% | +6.67% |
| Aditya Birla Sun Life Savings Regular-growth | 19,347.8 | +0.64% | +1.64% | +3.31% | +6.21% | +7.24% | +6.45% |
| Aditya Birla Sun Life Savings Regular-growth | 19,347.8 | +0.64% | +1.64% | +3.31% | +6.21% | +7.24% | +6.45% |
| Aditya Birla Sun Life Savings Direct-growth | 19,347.8 | +0.66% | +1.71% | +3.45% | +6.49% | +7.48% | +6.67% |
| Aditya Birla Sun Life Savings Regular-growth | 19,347.8 | +0.64% | +1.64% | +3.31% | +6.21% | +7.24% | +6.45% |
| Aditya Birla Sun Life Savings Direct-growth | 19,347.8 | +0.66% | +1.71% | +3.45% | +6.49% | +7.48% | +6.67% |
Top funds are based on Fund AUM
Top Debt Funds
| Fund name | ||||
|---|---|---|---|---|
| Uti Ultra Short Duration Fund Direct-flexi Idcw | ₹2,362.44 | +7.32% | +7.09% | — |
| Uti Ultra Short Duration Fund Direct-growth | ₹4,869.25 | +7.32% | +7.09% | — |
| Uti Ultra Short Duration Fund Direct-idcw Daily | ₹1,619.92 | +7.32% | +7.09% | — |
| Uti Ultra Short Duration Fund Direct-idcw Fortnightly | ₹1,343.15 | +7.32% | +7.09% | — |
| Uti Ultra Short Duration Fund Direct-idcw Half Yearly | ₹1,543.88 | +7.32% | +7.09% | — |
| Uti Ultra Short Duration Fund Direct-idcw Monthly | ₹1,173.37 | +7.32% | +7.09% | — |
| Uti Ultra Short Duration Fund Direct-idcw Quarterly | ₹2,021.76 | +7.32% | +7.09% | — |
| Uti Ultra Short Duration Fund Direct-idcw Weekly | ₹1,083.70 | +7.32% | +7.09% | — |
| Uti Ultra Short Duration Fund Direct-idcw Yearly | ₹1,531.60 | +7.32% | +7.09% | — |
| Nippon India Ultra Short Duration Fund Direct-growth | ₹4,772.17 | +7.57% | +6.90% | — |
growth is based on 5Y returns of the funds
Historical NAV
| Date | NAV |
|---|---|
| 24 Jul 2026 | ₹16.54 |
| 23 Jul 2026 | ₹16.54 |
| 22 Jul 2026 | ₹16.53 |
| 21 Jul 2026 | ₹16.53 |
| 20 Jul 2026 | ₹16.53 |
| 17 Jul 2026 | ₹16.52 |
| 16 Jul 2026 | ₹16.51 |
| 15 Jul 2026 | ₹16.50 |
| 14 Jul 2026 | ₹16.50 |
| 13 Jul 2026 | ₹16.51 |
| 10 Jul 2026 | ₹16.50 |
| 09 Jul 2026 | ₹16.50 |
| 08 Jul 2026 | ₹16.49 |
| 07 Jul 2026 | ₹16.50 |
| 06 Jul 2026 | ₹16.51 |
| 03 Jul 2026 | ₹16.50 |
| 02 Jul 2026 | ₹16.50 |
| 01 Jul 2026 | ₹16.49 |
| 30 Jun 2026 | ₹16.48 |
| 29 Jun 2026 | ₹16.47 |
| 25 Jun 2026 | ₹16.45 |
| 24 Jun 2026 | ₹16.44 |
| 23 Jun 2026 | ₹16.43 |
| 22 Jun 2026 | ₹16.43 |
| 19 Jun 2026 | ₹16.42 |
| 18 Jun 2026 | ₹16.42 |
| 17 Jun 2026 | ₹16.41 |
| 15 Jun 2026 | ₹16.41 |
| 12 Jun 2026 | ₹16.39 |
| 11 Jun 2026 | ₹16.39 |
Portfolio Updated on: 25 Jul, 2026
Fund Growth & Size Analysis
+₹16,037.1 Cr
Since Launch
This Fund
Category Average
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HDFC Ultra Short Term Fund Direct-growth Returns Comparison
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HDFC Ultra Short Term Fund Direct-growth FAQ'S
- Sharpe Ratio: 3.24%
- Standard Deviation: 0.32%
As of Tue Mar 31, 2026, the total assets managed under HDFC Ultra Short Term Fund Direct-growth stand at approximately ₹ 16,037.1 crore.
The HDFC Ultra Short Term Fund Direct-growth has delivered the following short-term performance:
- 3 Months Return: 1.61%
- 6 Months Return: 3.35%
The historical growth of the HDFC Ultra Short Term Fund Direct-growth is reflected through its CAGR returns:
- 3 Year CAGR: 7.22%
- 5 Year CAGR: 6.46%
- Return Since Launch: 6.64%
The portfolio of HDFC Ultra Short Term Fund Direct-growth is distributed across different asset classes as follows:
- Debt Instruments: 95.28%
- Other Assets: 4.72%
The HDFC Ultra Short Term Fund Direct-growth is managed by Anil Bamboli, representing HDFC Mutual Fund.
Top stock holdings of HDFC Ultra Short Term Fund Direct-growth include:
- NATIONAL BANK FOR FINANCING INFRASTRUCTURE AND DEVELOPMENT CD 12MAR27 – represents 1.00% of the portfolio
- NATIONAL BANK FOR FINANCING INFRASTRUCTURE AND DEVELOPMENT CD 12MAR27 – represents 1.00% of the portfolio
- NATIONAL BANK FOR FINANCING INFRASTRUCTURE AND DEVELOPMENT CD 12MAR27 – represents 1.00% of the portfolio
- NATIONAL BANK FOR FINANCING INFRASTRUCTURE AND DEVELOPMENT CD 12MAR27 – represents 1.00% of the portfolio
- NATIONAL BANK FOR FINANCING INFRASTRUCTURE AND DEVELOPMENT CD 12MAR27 – represents 8.17% of the portfolio
- POWER FINANCE CORPORATION LIMITED SR 248A 7.75 NCD 15AP26 FVRS1LAC – represents 4.89% of the portfolio
- POWER FINANCE CORPORATION LIMITED SR 248A 7.75 NCD 15AP26 FVRS1LAC – represents 5.35% of the portfolio
- GOVERNMENT OF INDIA 36168 091 DAYS TBILL 02OT25 FV RS 100 – represents 5.09% of the portfolio
- GOVERNMENT OF INDIA 36168 091 DAYS TBILL 02OT25 FV RS 100 – represents 5.09% of the portfolio
- GOVERNMENT OF INDIA 36168 091 DAYS TBILL 02OT25 FV RS 100 – represents 4.70% of the portfolio
Major sector exposures in HDFC Ultra Short Term Fund Direct-growth are:
- Financial – accounts for 607.02% of the portfolio
- Technology – accounts for 36.35% of the portfolio
- Energy & Utilities – accounts for 24.49% of the portfolio
- Real Estate – accounts for 5.23% of the portfolio
