Aditya Birla Sun Life Ultra Short Term Fund
Ultra Short DurationModerateOPEN-ENDED
- NAV as on 24 Sep 2026
- ₹592.48-0.02%1 day
- Return since launch
- 7.4%
- 52-week range
- ₹557.00 — ₹592.62
- AUM
- ₹18,819 Cr
Aditya Birla Sun Life Ultra Short Term Fund is a Ultra Short Duration debt fund from Aditya Birla Sun Life Mutual Fund with ₹18,819 Cr under management, launched in 2003. Over three years it has returned 7.0% a year, against 6.7% for its category. The expense ratio is 0.58% and the SEBI riskometer reading is Moderate.
Performance
Aditya Birla Sun Life Ultra Short Term Fund NAV and returns
Growth of the fund against its category average over the period you pick.
Over 1Y this fund returned +6.3% against +6.3% for its category.
Performance
Returns
How the fund has done against its category and its benchmark.
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1Y | 6.6% | +0.5 pts | 6.1% | 6.5% |
| 2Y | 6.8% | +0.5 pts | 6.3% | 6.5% |
| 3Y | 7.0% | +0.3 pts | 6.7% | 6.7% |
| 5Y | 7.0% | +1.0 pts | 6.0% | 6.6% |
| 7Y | 6.6% | +0.6 pts | 6.1% | 6.2% |
| 10Y | 6.7% | +0.8 pts | 5.9% | 6.2% |
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1M | 0.5% | 0.0 pts | 0.5% | 0.5% |
| 3M | 1.7% | +0.1 pts | 1.6% | 1.6% |
| 6M | 3.5% | 0.0 pts | 3.5% | 3.5% |
| 1Y | 6.3% | +0.2 pts | 6.1% | 6.3% |
| 2Y | 7.1% | +0.6 pts | 6.5% | 6.7% |
| 3Y | 7.2% | +0.6 pts | 6.7% | 6.8% |
| 5Y | 6.5% | +0.5 pts | 6.0% | 6.1% |
| 7Y | 6.4% | +0.4 pts | 6.0% | 5.7% |
| 10Y | 6.8% | +0.9 pts | 5.9% | 6.5% |
Since launch (16 Apr 2003): 7.4%
Calendar-year returns
Category average7.0%
3.9%
4.8%
7.2%
7.8%
7.4%
Show as a table
| Period | Fund | vs category | Category |
|---|---|---|---|
| 2025 | 7.4% | +0.1 pts | 7.2% |
| 2024 | 7.8% | +0.2 pts | 7.6% |
| 2023 | 7.2% | 0.0 pts | 7.2% |
| 2022 | 4.8% | 0.0 pts | 4.8% |
| 2021 | 3.9% | −0.2 pts | 4.1% |
| 2020 | 7.0% | +1.3 pts | 5.8% |
Returns over one year are annualised. Shorter periods are absolute.
Costs & terms
Costs and terms
What the fund charges each year, and the rules around putting money in and taking it out.
Costs
0.58%
Expense ratio as on 22 Sep 2026
Charged yearly and already deducted from the NAV.
- Base expense
- 0.50%
- Brokerage
- 0.00%
- Transaction charges
- 0.00%
- Statutory levies
- 0.08%
- Exit load
- 0%
- Lock-in
- None
Terms
- Min SIP
- ₹3,000
- Min lumpsum
- ₹5,000
- Plan
- GROWTH
- Fund type
- OPEN-ENDED
- Benchmark
- NIFTY Ultra Short Duration Debt Index A-I
Risk
Risk
What the riskometer means for this fund, and how its ratios sit against the category.
Moderate
Your principal is treated as being at moderate risk — typically medium duration debt and conservative hybrid schemes.
| Ratio | Fund | Category avg | Read as |
|---|---|---|---|
| Alpha | — | — | Return earned above what the benchmark alone would have given. Higher is better. |
| Beta | — | — | How hard the fund moves when the market moves. Under 1 is steadier than the market. |
| Sharpe | 2.62 | 2.59 | Return earned for each unit of total risk taken. Higher is better. |
| Sortino | 3.55 | 3.78 | Return earned for each unit of downside risk. Higher is better. |
| Std. deviation | 0.50 | 0.42 | How widely monthly returns have varied around their own average. Lower is steadier. |
| Average of 5 category peers | |||
Portfolio
Aditya Birla Sun Life Ultra Short Term Fund portfolio
Portfolio as of 31 Aug 2026
Asset allocation
- Debt100.8%
Top holdings
| Holding | Sector | Weight | Value | 3M chg | 6M chg | 1Y chg |
|---|---|---|---|---|---|---|
| Shriram Finance Ltd | Financial | 2.82% | ₹531 Cr | +3.09% | +2.85% | +2.85% |
| Vedanta Ltd. | Metals & Mining | 2.39% | ₹450 Cr | +1.66% | +0.35% | +0.35% |
| Adani Airport Holdings Ltd. | Services | 2.20% | ₹413 Cr | +1.31% | — | — |
| Mankind Pharma Ltd. | Healthcare | 1.84% | ₹345 Cr | +0.25% | +0.47% | +0.24% |
| Axis Bank Ltd. | Financial | 1.83% | ₹345 Cr | +1.72% | +1.55% | +0.11% |
| Export-Import Bank Of India | Financial | 1.67% | ₹315 Cr | +2.41% | +0.92% | +1.81% |
| Avanse Financial Services Ltd. | Financial | 1.58% | ₹298 Cr | +1.53% | +1.40% | +1.40% |
| company:12727 | Financial | 1.55% | ₹292 Cr | — | — | — |
| Godrej Industries Ltd. | Consumer Staples | 1.49% | ₹280 Cr | +2.44% | +2.25% | +2.25% |
| Piramal Finance Pvt. Ltd. | Financial | 1.49% | ₹280 Cr | +1.45% | +1.33% | — |
| ICICI Home Finance Company Ltd. | Financial | 1.43% | ₹269 Cr | +1.37% | +1.25% | +1.26% |
| SK Finance Ltd. | Financial | 1.33% | ₹250 Cr | +1.27% | +1.17% | +1.16% |
| Muthoot Finance Ltd. | Financial | 1.25% | ₹235 Cr | +0.37% | +0.33% | +1.11% |
| Hinduja Leyland Finance Ltd. | Financial | 1.25% | ₹234 Cr | +1.19% | +1.10% | +1.11% |
| National Bank For Agriculture & Rural Development | Financial | 1.14% | ₹215 Cr | +1.16% | +1.07% | +0.71% |
| JSW Steel Ltd. | Metals & Mining | 1.03% | ₹195 Cr | +0.99% | +0.91% | +0.94% |
| Godrej Housing Finance Ltd. | Financial | 1.03% | ₹193 Cr | +0.96% | +0.87% | — |
| Jubilant Bevco Ltd. | Consumer Staples | 1.02% | ₹191 Cr | +0.39% | +0.36% | +0.10% |
| Punjab National Bank | Financial | 0.90% | ₹169 Cr | +3.36% | — | +0.11% |
| Mahindra Rural Housing Finance Ltd. | Financial | 0.86% | ₹161 Cr | +0.82% | +0.76% | — |
| Mindspace Business Parks REIT | Construction | 0.85% | ₹160 Cr | +0.81% | +0.75% | — |
| Piramal Finance Ltd. | Financial | 0.80% | ₹151 Cr | +0.02% | +0.70% | +0.70% |
| 360 ONE Wealth Ltd. | Financial | 0.80% | ₹151 Cr | +0.77% | +0.70% | +0.70% |
| Torrent Pharmaceuticals Ltd. | Healthcare | 0.79% | ₹149 Cr | +0.76% | — | — |
| SPR Auto Technologies Ltd. | Automobile | 0.79% | ₹149 Cr | +0.75% | +0.70% | — |
| Power Finance Corporation Ltd. | Financial | 0.79% | ₹149 Cr | +0.75% | +0.70% | +1.38% |
| Bank Of Baroda | Financial | 0.78% | ₹146 Cr | +0.37% | +0.23% | +1.13% |
| GIC Housing Finance Ltd. | Financial | 0.76% | ₹144 Cr | +1.02% | +0.93% | +0.94% |
| Cholamandalam Investment and Finance Company Ltd. | Financial | 0.67% | ₹125 Cr | +0.64% | +0.46% | +0.44% |
| Can Fin Homes Ltd. | Financial | 0.67% | ₹125 Cr | +0.64% | +0.59% | +0.59% |
| Hinduja Housing FInance Ltd. | Financial | 0.67% | ₹125 Cr | +0.64% | +0.59% | +0.59% |
| Knowledge Realty Trust | Construction | 0.65% | ₹122 Cr | +0.62% | +0.57% | — |
| JTPM Metal Traders Ltd. | Metals & Mining | 0.60% | ₹114 Cr | +0.57% | +0.51% | — |
| Godrej Properties Ltd. | Construction | 0.53% | ₹100 Cr | +0.76% | +0.46% | +0.47% |
| Nirma Ltd. | Consumer Staples | 0.53% | ₹100 Cr | — | — | +2.27% |
| Arka Fincap Ltd. | Financial | 0.53% | ₹100 Cr | +0.51% | +0.47% | +0.47% |
| Tata Motors Ltd. | Automobile | 0.53% | ₹100 Cr | +0.51% | +0.47% | — |
| Fullerton India Home Finance Ltd. | Financial | 0.53% | ₹100 Cr | +0.51% | +0.47% | +0.47% |
| Small Industries Devp. Bank of India Ltd. | Financial | 0.51% | ₹96.89 Cr | +0.74% | +1.14% | +0.23% |
| Torrent Power Ltd. | Energy | 0.45% | ₹85.05 Cr | +0.51% | +0.47% | +0.09% |
| Hero Housing Finance Ltd. | Financial | 0.40% | ₹75.03 Cr | +0.38% | +0.35% | +0.35% |
| REC Ltd. | Financial | 0.37% | ₹70.47 Cr | +0.51% | +0.47% | +0.65% |
| Nuvama Wealth Finance Ltd. | Financial | 0.35% | ₹65.38 Cr | +0.33% | +0.31% | +0.30% |
| Adani Power Ltd. | Energy | 0.34% | ₹64.60 Cr | — | — | — |
| Madhya Pradesh State | Others | 0.32% | ₹60.53 Cr | +0.31% | +0.28% | +0.24% |
| LIC Housing Finance Ltd. | Financial | 0.29% | ₹54.97 Cr | +0.51% | +0.47% | +0.47% |
| RJ Corp Ltd. | Consumer Staples | 0.28% | ₹52.21 Cr | +0.26% | +0.24% | — |
| Rajasthan State | Others | 0.27% | ₹51.71 Cr | +0.26% | +0.25% | +0.25% |
| Tamilnadu State | Others | 0.27% | ₹51.29 Cr | +0.26% | +0.24% | +0.20% |
| Aditya Birla Housing Finance Ltd. | Financial | 0.27% | ₹50.02 Cr | +0.25% | +0.23% | +0.24% |
| Reserve Bank of India | Financial | 0.26% | ₹49.49 Cr | +0.18% | +0.16% | +1.93% |
| Tata Teleservices (Maharashtra) Ltd. | Communication | 0.26% | ₹49.27 Cr | +2.95% | +2.65% | — |
| Indusind Bank Ltd. | Financial | 0.26% | ₹48.68 Cr | +0.24% | +1.60% | +0.46% |
| The Federal Bank Ltd. | Financial | 0.26% | ₹48.45 Cr | +0.24% | +1.14% | +1.37% |
| Yes Bank Ltd. | Financial | 0.26% | ₹48.13 Cr | +0.48% | — | — |
| Haryana State | Others | 0.25% | ₹46.23 Cr | +0.23% | +0.22% | +0.22% |
| Bharti Telecom Ltd. | Communication | 0.24% | ₹45.22 Cr | +0.75% | +0.67% | +0.12% |
| GOI | Sovereign | 0.16% | ₹30.09 Cr | +0.15% | +0.14% | +0.12% |
| Gujarat State | Construction | 0.14% | ₹25.79 Cr | +0.13% | +0.12% | +0.12% |
| Indian Bank | Financial | 0.13% | ₹24.75 Cr | +0.12% | — | +0.68% |
| Canara Bank | Financial | 0.13% | ₹24.33 Cr | — | — | +0.46% |
| Kotak Mahindra Bank Ltd. | Financial | 0.13% | ₹24.33 Cr | +0.12% | +1.13% | +0.11% |
| HDFC Bank Ltd. | Financial | 0.13% | ₹24.25 Cr | +2.74% | +1.91% | +0.11% |
| Jubilant Beverages Ltd. | Consumer Staples | 0.12% | ₹23.39 Cr | +0.12% | +0.11% | +0.10% |
| West Bengal State | Others | 0.11% | ₹20.08 Cr | — | — | — |
| JM Financial Products Ltd. | Financial | 0.09% | ₹16.68 Cr | +0.17% | — | +0.58% |
| Pipeline Infrastructure (India) Pvt. Ltd. | Construction | 0.08% | ₹15.04 Cr | +0.08% | +0.07% | +0.07% |
| Bihar State | Others | 0.05% | ₹10.05 Cr | +0.05% | +0.05% | +0.96% |
| Maharashtra State | Others | 0.05% | ₹10.04 Cr | +0.05% | +0.05% | +0.02% |
| Chhattisgarh State | Others | 0.03% | ₹5.09 Cr | +0.03% | +0.02% | +0.02% |
| Nagaland State | Others | 0.03% | ₹5.01 Cr | +0.03% | +0.02% | — |
| Andhra Pradesh State | Financial | 0.03% | ₹4.98 Cr | +0.03% | +0.02% | +0.02% |
| Others | Others | -0.46% | ₹-86.09 Cr | +0.68% | +0.62% | +0.51% |
Sectors
Instruments
Recent changes
| Holding | From | To | Weight |
|---|---|---|---|
| Tata Teleservices (Maharashtra) Ltd. | 3.23% | 0.26% | -2.97% |
| Small Industries Devp. Bank of India Ltd. | 2.70% | 0.51% | -2.18% |
| company:12727 | 0.00% | 1.55% | +1.55% |
| JSW Energy Ltd. | 1.10% | 0.00% | -1.10% |
| Export-Import Bank Of India | 1.07% | 0.13% | -0.94% |
| Adani Airport Holdings Ltd. | 0.66% | 1.58% | +0.91% |
| Muthoot Finance Ltd. | 0.40% | 1.25% | +0.85% |
| Piramal Finance Ltd. | 0.03% | 0.80% | +0.77% |
| Vedanta Ltd. | 1.81% | 2.39% | +0.58% |
| Canara Bank | 0.52% | 0.13% | -0.39% |
| Bank Of Baroda | 0.40% | 0.78% | +0.37% |
| JM Financial Credit Solutions Ltd. | 0.28% | 0.00% | -0.28% |
| Yes Bank Ltd. | 0.53% | 0.26% | -0.27% |
| Aditya Birla Finance Ltd. | 0.14% | 0.00% | -0.14% |
| SMFG India Credit Company Ltd. | 0.14% | 0.00% | -0.14% |
| Shriram Finance Ltd | 2.93% | 2.82% | -0.11% |
| JM Financial Products Ltd. | 0.18% | 0.09% | -0.09% |
| Torrent Power Ltd. | 0.27% | 0.19% | -0.09% |
| Piramal Finance Pvt. Ltd. | 1.57% | 1.49% | -0.08% |
| Reserve Bank of India | 0.19% | 0.26% | +0.07% |
| ICICI Home Finance Company Ltd. | 1.49% | 1.43% | -0.06% |
| Avanse Financial Services Ltd. | 1.64% | 1.58% | -0.06% |
| Axis Bank Ltd. | 1.88% | 1.83% | -0.05% |
| SK Finance Ltd. | 1.37% | 1.33% | -0.05% |
| Hinduja Leyland Finance Ltd. | 1.29% | 1.25% | -0.05% |
| GIC Housing Finance Ltd. | 0.41% | 0.37% | -0.04% |
| Godrej Industries Ltd. | 1.32% | 1.28% | -0.04% |
| JSW Steel Ltd. | 1.07% | 1.03% | -0.04% |
| Mindspace Business Parks REIT | 0.88% | 0.85% | -0.03% |
| Mahindra Rural Housing Finance Ltd. | 0.89% | 0.86% | -0.03% |
| Jubilant Bevco Ltd. | 1.05% | 1.02% | -0.03% |
| SPR Auto Technologies Ltd. | 0.82% | 0.79% | -0.03% |
| Godrej Housing Finance Ltd. | 1.06% | 1.03% | -0.03% |
| Torrent Pharmaceuticals Ltd. | 0.82% | 0.79% | -0.03% |
| Power Finance Corporation Ltd. | 0.82% | 0.79% | -0.03% |
| 360 ONE Wealth Ltd. | 0.83% | 0.80% | -0.03% |
| Knowledge Realty Trust | 0.67% | 0.65% | -0.03% |
| Punjab National Bank | 0.92% | 0.90% | -0.03% |
| Cholamandalam Investment and Finance Company Ltd. | 0.69% | 0.67% | -0.02% |
| Can Fin Homes Ltd. | 0.69% | 0.67% | -0.02% |
| Hinduja Housing FInance Ltd. | 0.69% | 0.67% | -0.02% |
| GOI | 0.14% | 0.16% | +0.02% |
| Godrej Properties Ltd. | 0.55% | 0.53% | -0.02% |
| JTPM Metal Traders Ltd. | 0.62% | 0.60% | -0.02% |
| Fullerton India Home Finance Ltd. | 0.55% | 0.53% | -0.02% |
| Nirma Ltd. | 0.55% | 0.53% | -0.02% |
| Arka Fincap Ltd. | 0.55% | 0.53% | -0.02% |
| Tata Motors Ltd. | 0.55% | 0.53% | -0.02% |
| Hero Housing Finance Ltd. | 0.41% | 0.40% | -0.01% |
| Adani Power Ltd. | 0.36% | 0.34% | -0.01% |
| Nuvama Wealth Finance Ltd. | 0.36% | 0.35% | -0.01% |
| Madhya Pradesh State | 0.33% | 0.32% | -0.01% |
| Tamilnadu State | 0.28% | 0.27% | -0.01% |
| Rajasthan State | 0.29% | 0.27% | -0.01% |
| Others | 0.37% | 0.36% | -0.01% |
| RJ Corp Ltd. | 0.29% | 0.28% | -0.01% |
| Haryana State | 0.26% | 0.25% | -0.01% |
| Aditya Birla Housing Finance Ltd. | 0.28% | 0.27% | -0.01% |
| REC Ltd. | 0.28% | 0.27% | -0.01% |
| LIC Housing Finance Ltd. | 0.28% | 0.27% | -0.01% |
| Bharti Telecom Ltd. | 0.25% | 0.24% | -0.01% |
| The Federal Bank Ltd. | 0.26% | 0.26% | -0.01% |
| Indusind Bank Ltd. | 0.27% | 0.26% | -0.01% |
| Gujarat State | 0.14% | 0.14% | -0.01% |
| Mankind Pharma Ltd. | 0.14% | 0.13% | 0.00% |
| Jubilant Beverages Ltd. | 0.13% | 0.12% | 0.00% |
| West Bengal State | 0.11% | 0.11% | 0.00% |
| Indian Bank | 0.14% | 0.13% | 0.00% |
| HDFC Bank Ltd. | 0.13% | 0.13% | 0.00% |
| Kotak Mahindra Bank Ltd. | 0.13% | 0.13% | 0.00% |
| Pipeline Infrastructure (India) Pvt. Ltd. | 0.08% | 0.08% | 0.00% |
| Bihar State | 0.06% | 0.05% | 0.00% |
| Maharashtra State | 0.06% | 0.05% | 0.00% |
| Chhattisgarh State | 0.03% | 0.03% | 0.00% |
| Andhra Pradesh State | 0.03% | 0.03% | 0.00% |
| Nagaland State | 0.03% | 0.03% | 0.00% |
| National Bank For Agriculture & Rural Development | 0.02% | 0.02% | 0.00% |
Compare
Similar funds
The rest of the category, so this fund’s numbers have something to sit against.
| Fund | AUM | Expense | 1Y | 3Y | 5Y |
|---|---|---|---|---|---|
| Category average | ₹1,772 Cr | 0.31% | 7.0% | 6.8% | 6.8% |
 HSBC Ultra Short Term Fund | ₹3,628 Cr | 0.38% | 6.8% | 6.8% | 6.8% |
 HDFC CRISIL-IBX Financial Services 3-6 Months Debt Index Fund | ₹2,264 Cr | 0.25% | 7.2% | — | — |
| Aditya Birla Sun Life CRISIL-IBX Financial Services 3 to 6 Months Debt Index Fund | ₹2,164 Cr | 0.37% | 7.1% | — | — |
 ICICI Prudential CRISIL-IBX Financial Services 3-6 Months Debt Index Fund | ₹533 Cr | 0.22% | 7.1% | — | — |
 Kotak CRISIL-IBX Financial Services 3-6 Months Debt Index Fund | ₹270 Cr | 0.35% | 6.8% | — | — |
About
About this fund
The scheme’s own words, its benchmark and the people running it.
Investment objective
The scheme aims to generate regular income from a portfolio of debt and money market instruments, cash and cash equivalents.
Fund managers
- Kaustubh GuptaMr. Gupta is a B.Com and a Chartered Accountant.Prior to joining Aditya Birla Sun Life AMC he has worked with ICICI Bank.
- Monika GandhiMs. Gandhi is CA, CAIIB and B.Com.(Hons)Prior to joining Aditya Birla Sun life Mutual Fund, she was a Deputy General Manager in IDBI Bank for 13 years wherein she handled project appraisal, credit evaluation and credit monitoring for Large and Mid-Corporates.
- Sunaina da CunhaMs. Cunha is a B.Com (H) and MBA from FMS, Delhi.Prior to joining Aditya Birla Sun Life Asset Management Company, she has worked with Aditya Birla Management Corporation Ltd.
Tools
Return calculator
What ₹10,000 a month in this fund would have grown to over each period, based on its past returns.
₹
| Over the past | Total investment | Would’ve become | Growth | Returns |
|---|---|---|---|---|
| 6 months3.52% absolute | ₹60,000 | ₹62,112 | 3.52% | |
| 1 year6.35% annualised | ₹1,20,000 | ₹1,24,209 | 3.51% | |
| 3 years7.23% annualised | ₹3,60,000 | ₹4,03,097 | 11.97% | |
| 5 years6.54% annualised | ₹6,00,000 | ₹7,11,325 | 18.55% |
Returns for 1 year and longer are annualised (CAGR); 6-month figures are absolute. Past returns are not a forecast.
How this is calculated
Each monthly instalment grows at the fund’s annualised return ÷ 12 per month until the end of the period, the same formula as our SIP calculator.
The amount compounds once a year at the fund’s CAGR for that period, the same formula as our lumpsum calculator.
Questions
Frequently asked questions
The things people ask about this scheme.
What is the NAV of Aditya Birla Sun Life Ultra Short Term Fund?
The NAV of Aditya Birla Sun Life Ultra Short Term Fund is ₹592.48 as on 24 Sep 2026.
What is the expense ratio of Aditya Birla Sun Life Ultra Short Term Fund?
The expense ratio of Aditya Birla Sun Life Ultra Short Term Fund is 0.58% per year.
What is the minimum SIP amount for Aditya Birla Sun Life Ultra Short Term Fund?
You can start a SIP in Aditya Birla Sun Life Ultra Short Term Fund with ₹3,000 a month.
What returns has Aditya Birla Sun Life Ultra Short Term Fund given?
Aditya Birla Sun Life Ultra Short Term Fund has returned 6.6% over 1 year, 7.0% over 3 years and 7.0% over 5 years (annualised).
Is there a lock-in or exit load on Aditya Birla Sun Life Ultra Short Term Fund?
Lock-in: None. Exit load: 0%.
How risky is Aditya Birla Sun Life Ultra Short Term Fund?
Aditya Birla Sun Life Ultra Short Term Fund is rated Moderate on the SEBI riskometer and belongs to the Ultra Short Duration category.
Which fund house manages Aditya Birla Sun Life Ultra Short Term Fund?
Aditya Birla Sun Life Ultra Short Term Fund is managed by Aditya Birla Sun Life Mutual Fund, which runs 86 schemes with ₹4,32,524 Cr under management.