Aditya Birla Sun Life Ultra Short Term Fund
Ultra Short DurationModerateOPEN-ENDED
- NAV as on 9 Nov 2026
- ₹596.37+0.06%1 day
- Return since launch
- 7.4%
- 52-week range
- ₹561.54 — ₹596.03
- AUM
- ₹15,236 Cr
Aditya Birla Sun Life Ultra Short Term Fund is a Ultra Short Duration debt fund from Aditya Birla Sun Life Mutual Fund with ₹15,236 Cr under management, launched in 2003. Over three years it has returned 6.8% a year, against 6.6% 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 +6.1% against +6.1% for its category.
Performance
Returns
How the fund has done against its category and its benchmark.
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1Y | 6.3% | +0.3 pts | 6.0% | 6.2% |
| 2Y | 6.5% | +0.4 pts | 6.1% | 6.3% |
| 3Y | 6.8% | +0.3 pts | 6.6% | 6.5% |
| 5Y | 6.9% | +0.9 pts | 6.0% | 6.5% |
| 7Y | 6.6% | +0.6 pts | 6.0% | 6.1% |
| 10Y | 6.6% | +0.8 pts | 5.8% | 6.1% |
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1M | 0.4% | 0.0 pts | 0.3% | 0.3% |
| 3M | 1.4% | +0.1 pts | 1.3% | 1.3% |
| 6M | 3.2% | +0.1 pts | 3.1% | 3.1% |
| 1Y | 6.2% | +0.2 pts | 6.0% | 6.1% |
| 2Y | 6.9% | +0.5 pts | 6.3% | 6.5% |
| 3Y | 7.2% | +0.6 pts | 6.6% | 6.8% |
| 5Y | 6.6% | +0.5 pts | 6.0% | 6.2% |
| 7Y | 6.3% | +0.7 pts | 5.6% | 5.7% |
| 10Y | 6.8% | +0.9 pts | 5.8% | 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 5 Nov 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 | 2.58 | — | Return earned for each unit of total risk taken. Higher is better. |
| Sortino | 3.46 | — | Return earned for each unit of downside risk. Higher is better. |
| Std. deviation | 0.53 | — | 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 30 Sep 2026
Asset allocation
- Debt95.4%
- Other4.6%
Top holdings
| Holding | Sector | Weight | Value | 3M chg | 6M chg | 1Y chg |
|---|---|---|---|---|---|---|
| Shriram Finance Ltd | Financial | 3.25% | ₹529 Cr | +3.41% | +3.14% | +2.87% |
| Vedanta Ltd. | Metals & Mining | 2.76% | ₹450 Cr | +1.85% | +0.39% | +0.35% |
| Adani Airport Holdings Ltd. | Services | 2.51% | ₹409 Cr | +1.40% | — | — |
| Mankind Pharma Ltd. | Healthcare | 2.12% | ₹345 Cr | +0.28% | +0.52% | +0.24% |
| Export-Import Bank Of India | Financial | 1.97% | ₹321 Cr | +2.18% | +2.42% | +1.84% |
| Avanse Financial Services Ltd. | Financial | 1.83% | ₹297 Cr | +1.68% | +1.55% | +1.41% |
| AU Small Finance Bank Ltd. | Financial | 1.80% | ₹293 Cr | — | — | — |
| Piramal Finance Pvt. Ltd. | Financial | 1.72% | ₹280 Cr | +1.60% | +1.47% | — |
| Godrej Industries Ltd. | Consumer Staples | 1.72% | ₹280 Cr | +2.70% | +2.48% | +2.27% |
| ICICI Home Finance Company Ltd. | Financial | 1.65% | ₹269 Cr | +1.51% | +1.39% | +1.27% |
| SK Finance Ltd. | Financial | 1.53% | ₹249 Cr | +1.40% | +1.29% | +1.17% |
| Muthoot Finance Ltd. | Financial | 1.44% | ₹234 Cr | +0.41% | +0.37% | +1.12% |
| Hinduja Leyland Finance Ltd. | Financial | 1.44% | ₹234 Cr | +1.32% | +1.21% | +1.11% |
| JSW Steel Ltd. | Metals & Mining | 1.20% | ₹195 Cr | +1.09% | +1.01% | +0.94% |
| Godrej Housing Finance Ltd. | Financial | 1.19% | ₹194 Cr | +1.07% | +0.97% | — |
| Jubilant Bevco Ltd. | Consumer Staples | 1.18% | ₹192 Cr | +1.07% | +0.40% | +0.10% |
| Punjab National Bank | Financial | 1.04% | ₹170 Cr | +1.34% | +3.38% | +0.11% |
| Mahindra Rural Housing Finance Ltd. | Financial | 0.99% | ₹161 Cr | +0.91% | +0.84% | — |
| Mindspace Business Parks REIT | Construction | 0.98% | ₹160 Cr | +0.91% | +0.83% | +0.70% |
| 360 ONE Wealth Ltd. | Financial | 0.92% | ₹151 Cr | +0.85% | +0.78% | +0.71% |
| Piramal Finance Ltd. | Financial | 0.92% | ₹150 Cr | +0.03% | +0.78% | +0.71% |
| GMR Airports Ltd. | Construction | 0.92% | ₹149 Cr | — | — | — |
| Torrent Pharmaceuticals Ltd. | Healthcare | 0.91% | ₹149 Cr | +0.84% | +0.51% | — |
| Power Finance Corporation Ltd. | Financial | 0.91% | ₹149 Cr | +0.84% | +0.77% | +0.45% |
| SPR Auto Technologies Ltd. | Automobile | 0.91% | ₹149 Cr | +0.84% | +0.77% | — |
| Bank Of Baroda | Financial | 0.90% | ₹147 Cr | +0.41% | +0.26% | +1.60% |
| GIC Housing Finance Ltd. | Financial | 0.88% | ₹144 Cr | +0.84% | +1.03% | +0.94% |
| Cholamandalam Investment and Finance Company Ltd. | Financial | 0.77% | ₹125 Cr | +0.70% | — | +0.45% |
| Hinduja Housing FInance Ltd. | Financial | 0.77% | ₹125 Cr | +0.70% | +0.65% | +0.59% |
| Can Fin Homes Ltd. | Financial | 0.77% | ₹125 Cr | +0.70% | +0.65% | +0.59% |
| Knowledge Realty Trust | Construction | 0.75% | ₹122 Cr | +0.69% | +0.63% | +0.25% |
| National Bank For Agriculture & Rural Development | Financial | 0.71% | ₹116 Cr | +1.29% | +1.18% | +0.73% |
| JTPM Metal Traders Ltd. | Metals & Mining | 0.70% | ₹114 Cr | +0.63% | +0.57% | +0.49% |
| Godrej Properties Ltd. | Construction | 0.62% | ₹100 Cr | +0.84% | +0.77% | +0.47% |
| Nirma Ltd. | Consumer Staples | 0.62% | ₹100 Cr | +0.56% | — | +2.28% |
| Tata Motors Ltd. | Automobile | 0.62% | ₹100 Cr | +0.56% | +0.52% | — |
| Arka Fincap Ltd. | Financial | 0.62% | ₹100 Cr | +0.56% | +0.52% | +0.47% |
| Fullerton India Home Finance Ltd. | Financial | 0.61% | ₹100 Cr | +0.56% | +0.52% | +0.47% |
| Small Industries Devp. Bank of India Ltd. | Financial | 0.60% | ₹97.41 Cr | +2.74% | +0.75% | +0.23% |
| Hero Housing Finance Ltd. | Financial | 0.46% | ₹74.96 Cr | +0.42% | +0.39% | +0.35% |
| Torrent Power Ltd. | Energy | 0.46% | ₹74.96 Cr | +0.56% | +0.52% | +0.09% |
| Nuvama Wealth Finance Ltd. | Financial | 0.40% | ₹65.34 Cr | +0.37% | +0.34% | +0.31% |
| Adani Power Ltd. | Energy | 0.40% | ₹64.65 Cr | — | — | — |
| Madhya Pradesh State | Others | 0.37% | ₹60.39 Cr | +0.34% | +0.31% | +0.24% |
| RJ Corp Ltd. | Consumer Staples | 0.32% | ₹51.92 Cr | +0.29% | +0.27% | — |
| Rajasthan State | Others | 0.32% | ₹51.42 Cr | +0.29% | +0.27% | +0.25% |
| Tamilnadu State | Others | 0.31% | ₹50.99 Cr | +0.29% | +0.27% | +0.20% |
| LIC Housing Finance Ltd. | Financial | 0.31% | ₹50.06 Cr | +0.28% | +0.26% | +0.24% |
| Aditya Birla Housing Finance Ltd. | Financial | 0.31% | ₹50.00 Cr | +0.28% | +0.26% | +0.24% |
| Reserve Bank of India | Financial | 0.31% | ₹49.70 Cr | +0.19% | +0.18% | +0.07% |
| Tata Teleservices (Maharashtra) Ltd. | Communication | 0.30% | ₹49.56 Cr | +3.28% | +2.96% | — |
| Axis Bank Ltd. | Financial | 0.30% | ₹49.51 Cr | +1.91% | +1.73% | +0.11% |
| GOI | Sovereign | 0.30% | ₹49.40 Cr | +0.17% | +0.11% | +0.12% |
| Indusind Bank Ltd. | Financial | 0.30% | ₹48.93 Cr | +0.27% | +0.98% | +0.46% |
| The Federal Bank Ltd. | Financial | 0.30% | ₹48.72 Cr | +0.27% | — | — |
| Yes Bank Ltd. | Financial | 0.30% | ₹48.33 Cr | +0.53% | +0.48% | — |
| Haryana State | Others | 0.28% | ₹45.97 Cr | +0.26% | +0.24% | +0.22% |
| Bharti Telecom Ltd. | Communication | 0.28% | ₹45.16 Cr | +0.25% | +0.75% | +0.66% |
| Gujarat State | Construction | 0.16% | ₹25.64 Cr | +0.15% | +0.13% | +0.12% |
| Indian Bank | Financial | 0.15% | ₹24.88 Cr | +0.14% | — | +0.69% |
| Kotak Mahindra Bank Ltd. | Financial | 0.15% | ₹24.47 Cr | +0.14% | +1.25% | +0.11% |
| Canara Bank | Financial | 0.15% | ₹24.46 Cr | — | — | +1.14% |
| HDFC Bank Ltd. | Financial | 0.15% | ₹24.38 Cr | +0.13% | +0.61% | +0.23% |
| Jubilant Beverages Ltd. | Consumer Staples | 0.14% | ₹23.52 Cr | +0.13% | +0.12% | +0.10% |
| REC Ltd. | Financial | 0.13% | ₹20.38 Cr | +0.28% | +0.26% | +0.07% |
| West Bengal State | Others | 0.12% | ₹20.05 Cr | +0.11% | — | — |
| JM Financial Products Ltd. | Financial | 0.10% | ₹16.69 Cr | +0.19% | — | +0.59% |
| Pipeline Infrastructure (India) Pvt. Ltd. | Construction | 0.09% | ₹15.03 Cr | +0.08% | +0.08% | +0.07% |
| Bihar State | Others | 0.06% | ₹10.04 Cr | +0.06% | +0.05% | +0.97% |
| Maharashtra State | Others | 0.06% | ₹10.01 Cr | +0.06% | +0.05% | +0.05% |
| Chhattisgarh State | Others | 0.03% | ₹5.07 Cr | +0.03% | +0.03% | +0.02% |
| Nagaland State | Others | 0.03% | ₹5.01 Cr | +0.03% | +0.03% | +0.02% |
| Andhra Pradesh State | Financial | 0.03% | ₹4.97 Cr | +0.03% | +0.03% | +0.02% |
| Others | Others | -1.88% | ₹-305.57 Cr | +0.76% | +0.69% | +0.51% |
Sectors
Instruments
Recent changes
| Holding | From | To | Weight |
|---|---|---|---|
| Axis Bank Ltd. | 1.83% | 0.30% | -1.53% |
| GMR Airports Ltd. | 0.00% | 0.92% | +0.92% |
| Shriram Finance Ltd | 2.82% | 3.25% | +0.43% |
| Vedanta Ltd. | 2.39% | 2.76% | +0.37% |
| AU Small Finance Bank Ltd. | 1.55% | 1.80% | +0.25% |
| Adani Airport Holdings Ltd. | 1.58% | 1.82% | +0.25% |
| Avanse Financial Services Ltd. | 1.58% | 1.83% | +0.24% |
| Piramal Finance Pvt. Ltd. | 1.49% | 1.72% | +0.23% |
| ICICI Home Finance Company Ltd. | 1.43% | 1.65% | +0.23% |
| SK Finance Ltd. | 1.33% | 1.53% | +0.20% |
| Godrej Industries Ltd. | 1.28% | 1.48% | +0.20% |
| Muthoot Finance Ltd. | 1.25% | 1.44% | +0.19% |
| Hinduja Leyland Finance Ltd. | 1.25% | 1.44% | +0.19% |
| Godrej Housing Finance Ltd. | 1.03% | 1.19% | +0.17% |
| Jubilant Bevco Ltd. | 1.02% | 1.18% | +0.17% |
| JSW Steel Ltd. | 1.03% | 1.20% | +0.16% |
| Punjab National Bank | 0.90% | 1.04% | +0.15% |
| GOI | 0.16% | 0.30% | +0.14% |
| REC Ltd. | 0.27% | 0.13% | -0.14% |
| Mahindra Rural Housing Finance Ltd. | 0.86% | 0.99% | +0.13% |
| Mindspace Business Parks REIT | 0.85% | 0.98% | +0.13% |
| Bank Of Baroda | 0.78% | 0.90% | +0.13% |
| 360 ONE Wealth Ltd. | 0.80% | 0.92% | +0.12% |
| Piramal Finance Ltd. | 0.80% | 0.92% | +0.12% |
| Power Finance Corporation Ltd. | 0.79% | 0.91% | +0.12% |
| Torrent Pharmaceuticals Ltd. | 0.79% | 0.91% | +0.12% |
| SPR Auto Technologies Ltd. | 0.79% | 0.91% | +0.12% |
| Torrent Power Ltd. | 0.19% | 0.31% | +0.12% |
| Cholamandalam Investment and Finance Company Ltd. | 0.67% | 0.77% | +0.10% |
| Hinduja Housing FInance Ltd. | 0.67% | 0.77% | +0.10% |
| Can Fin Homes Ltd. | 0.67% | 0.77% | +0.10% |
| Knowledge Realty Trust | 0.65% | 0.75% | +0.10% |
| JTPM Metal Traders Ltd. | 0.60% | 0.70% | +0.10% |
| Small Industries Devp. Bank of India Ltd. | 0.51% | 0.60% | +0.08% |
| Tata Motors Ltd. | 0.53% | 0.62% | +0.08% |
| Arka Fincap Ltd. | 0.53% | 0.62% | +0.08% |
| Nirma Ltd. | 0.53% | 0.62% | +0.08% |
| Fullerton India Home Finance Ltd. | 0.53% | 0.61% | +0.08% |
| Godrej Properties Ltd. | 0.53% | 0.62% | +0.08% |
| Hero Housing Finance Ltd. | 0.40% | 0.46% | +0.06% |
| GIC Housing Finance Ltd. | 0.37% | 0.42% | +0.06% |
| Others | 0.36% | 0.42% | +0.06% |
| Nuvama Wealth Finance Ltd. | 0.35% | 0.40% | +0.05% |
| Adani Power Ltd. | 0.34% | 0.40% | +0.05% |
| Export-Import Bank Of India | 0.13% | 0.18% | +0.05% |
| Madhya Pradesh State | 0.32% | 0.37% | +0.05% |
| Tata Teleservices (Maharashtra) Ltd. | 0.26% | 0.30% | +0.04% |
| Reserve Bank of India | 0.26% | 0.31% | +0.04% |
| Indusind Bank Ltd. | 0.26% | 0.30% | +0.04% |
| The Federal Bank Ltd. | 0.26% | 0.30% | +0.04% |
| RJ Corp Ltd. | 0.28% | 0.32% | +0.04% |
| LIC Housing Finance Ltd. | 0.27% | 0.31% | +0.04% |
| Aditya Birla Housing Finance Ltd. | 0.27% | 0.31% | +0.04% |
| Yes Bank Ltd. | 0.26% | 0.30% | +0.04% |
| Rajasthan State | 0.27% | 0.32% | +0.04% |
| Tamilnadu State | 0.27% | 0.31% | +0.04% |
| Bharti Telecom Ltd. | 0.24% | 0.28% | +0.04% |
| Haryana State | 0.25% | 0.28% | +0.04% |
| Indian Bank | 0.13% | 0.15% | +0.02% |
| Kotak Mahindra Bank Ltd. | 0.13% | 0.15% | +0.02% |
| Canara Bank | 0.13% | 0.15% | +0.02% |
| HDFC Bank Ltd. | 0.13% | 0.15% | +0.02% |
| Gujarat State | 0.14% | 0.16% | +0.02% |
| Mankind Pharma Ltd. | 0.13% | 0.15% | +0.02% |
| Jubilant Beverages Ltd. | 0.12% | 0.14% | +0.02% |
| West Bengal State | 0.11% | 0.12% | +0.02% |
| JM Financial Products Ltd. | 0.09% | 0.10% | +0.01% |
| Pipeline Infrastructure (India) Pvt. Ltd. | 0.08% | 0.09% | +0.01% |
| Bihar State | 0.05% | 0.06% | +0.01% |
| Maharashtra State | 0.05% | 0.06% | +0.01% |
| Nagaland State | 0.03% | 0.03% | 0.00% |
| Chhattisgarh State | 0.03% | 0.03% | 0.00% |
| Andhra Pradesh 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 | ₹1,099 Cr | 0.29% | 6.6% | — | — |
| Aditya Birla Sun Life CRISIL-IBX Financial Services 3 to 6 Months Debt Index Fund | ₹2,407 Cr | 0.37% | 6.7% | — | — |
 HDFC CRISIL-IBX Financial Services 3-6 Months Debt Index Fund | ₹1,986 Cr | 0.25% | 6.8% | — | — |
 ICICI Prudential CRISIL-IBX Financial Services 3-6 Months Debt Index Fund | ₹575 Cr | 0.18% | 6.7% | — | — |
 Kotak CRISIL-IBX Financial Services 3-6 Months Debt Index Fund | ₹359 Cr | 0.36% | 6.4% | — | — |
 Axis CRISIL-IBX Financial Services 3-6 Months Debt Index Fund | ₹170 Cr | 0.27% | 6.6% | — | — |
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 months3.22% absolute | ₹60,000 | ₹61,932 | 3.22% | |
| 1 year6.15% annualised | ₹1,20,000 | ₹1,24,074 | 3.39% | |
| 3 years7.17% annualised | ₹3,60,000 | ₹4,02,714 | 11.87% | |
| 5 years6.60% annualised | ₹6,00,000 | ₹7,12,463 | 18.74% |
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 ₹596.37 as on 9 Nov 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 6.3% over 1 year, 6.8% over 3 years and 6.9% 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 ₹4,46,664 Cr under management.