Aditya Birla Sun Life Ultra Short to Short Term Fund
Low DurationModerateOPEN-ENDED
- NAV as on 9 Nov 2026
- ₹704.81+0.05%1 day
- Return since launch
- 7.1%
- 52-week range
- ₹671.50 — ₹704.44
- AUM
- ₹9,155 Cr
Aditya Birla Sun Life Ultra Short to Short Term Fund is a Low Duration debt fund from Aditya Birla Sun Life Mutual Fund with ₹9,155 Cr under management, launched in 1998. Over three years it has returned 5.9% a year, against 6.7% for its category. The expense ratio is 1.20% and the SEBI riskometer reading is Moderate.
Performance
Aditya Birla Sun Life Ultra Short to Short Term Fund NAV and returns
Growth of the fund against its category average over the period you pick.
Over 1Y this fund returned +4.8% against +5.5% for its category.
Performance
Returns
How the fund has done against its category and its benchmark.
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1Y | 4.9% | −0.5 pts | 5.4% | 5.6% |
| 2Y | 5.5% | −0.4 pts | 5.9% | 6.0% |
| 3Y | 5.9% | −0.8 pts | 6.7% | 6.3% |
| 5Y | 6.2% | +0.1 pts | 6.1% | 6.5% |
| 7Y | 6.0% | −0.3 pts | 6.2% | 6.1% |
| 10Y | 6.1% | −0.1 pts | 6.2% | 6.1% |
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1M | 0.3% | 0.0 pts | 0.3% | 0.3% |
| 3M | 0.9% | −0.2 pts | 1.1% | 1.1% |
| 6M | 2.6% | −0.3 pts | 2.9% | 3.0% |
| 1Y | 4.9% | −0.5 pts | 5.4% | 5.5% |
| 2Y | 6.0% | −0.4 pts | 6.4% | 6.4% |
| 3Y | 6.4% | −0.3 pts | 6.7% | 6.7% |
| 5Y | 5.9% | −0.2 pts | 6.1% | 6.1% |
| 7Y | 5.9% | −0.3 pts | 6.2% | 5.9% |
| 10Y | 6.3% | +0.1 pts | 6.2% | 6.2% |
Since launch (12 May 1998): 7.1%
Calendar-year returns
Category average7.7%
3.5%
4.3%
6.7%
7.1%
7.0%
Show as a table
| Period | Fund | vs category | Category |
|---|---|---|---|
| 2025 | 7.0% | −0.8 pts | 7.8% |
| 2024 | 7.1% | −0.7 pts | 7.8% |
| 2023 | 6.7% | −0.6 pts | 7.4% |
| 2022 | 4.3% | −0.3 pts | 4.6% |
| 2021 | 3.5% | −1.1 pts | 4.6% |
| 2020 | 7.7% | −1.0 pts | 8.7% |
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
1.20%
Expense ratio as on 5 Nov 2026
Charged yearly and already deducted from the NAV.
- Base expense
- 1.04%
- Brokerage
- 0.00%
- Transaction charges
- 0.00%
- Statutory levies
- 0.16%
- Exit load
- 0%
- Lock-in
- None
Terms
- Min SIP
- ₹3,000
- Min lumpsum
- ₹5,000
- Plan
- GROWTH
- Fund type
- OPEN-ENDED
- Benchmark
- NIFTY Low 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 | — | 1.09 | How hard the fund moves when the market moves. Under 1 is steadier than the market. |
| Sharpe | 0.84 | 1.76 | Return earned for each unit of total risk taken. Higher is better. |
| Sortino | 1.19 | 2.43 | Return earned for each unit of downside risk. Higher is better. |
| Std. deviation | 0.74 | 0.69 | 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 to Short Term Fund portfolio
Portfolio as of 30 Sep 2026
Asset allocation
- Debt94.6%
- Other5.4%
Top holdings
| Holding | Sector | Weight | Value | 3M chg | 6M chg | 1Y chg |
|---|---|---|---|---|---|---|
| Others | Others | 6.52% | ₹599 Cr | +1.21% | +1.08% | +0.81% |
| REC Ltd. | Financial | 5.95% | ₹546 Cr | +3.10% | +0.92% | +1.54% |
| ICICI Home Finance Company Ltd. | Financial | 4.91% | ₹451 Cr | +4.29% | +3.86% | +0.03% |
| Reserve Bank of India | Financial | 4.30% | ₹395 Cr | +2.68% | +5.96% | +3.16% |
| Jubilant Bevco Ltd. | Consumer Staples | 4.29% | ₹394 Cr | +3.98% | +3.49% | +3.20% |
| National Bank For Agriculture & Rural Development | Financial | 4.03% | ₹370 Cr | +0.09% | +0.08% | +0.69% |
| JTPM Metal Traders Ltd. | Metals & Mining | 3.36% | ₹309 Cr | +3.69% | +3.66% | +2.93% |
| Poonawalla Fincorp Ltd. | Financial | 2.92% | ₹268 Cr | +3.98% | +3.57% | +2.14% |
| Indian Railway Finance Corporation Ltd. | Financial | 2.89% | ₹265 Cr | +0.26% | +0.23% | +0.19% |
| Small Industries Devp. Bank of India Ltd. | Financial | 2.79% | ₹256 Cr | +5.13% | +1.48% | +3.87% |
| Tata Capital Housing Finance Ltd. | Financial | 2.66% | ₹245 Cr | +0.25% | +0.46% | +0.38% |
| Shivshakti Securitisation Trust | Others | 2.43% | ₹223 Cr | +2.35% | +2.12% | +1.79% |
| Kotak Mahindra Bank Ltd. | Financial | 2.13% | ₹195 Cr | +0.98% | +0.43% | +3.73% |
| Hinduja Leyland Finance Ltd. | Financial | 2.10% | ₹193 Cr | +1.31% | +1.17% | +1.46% |
| Aditya Birla Housing Finance Ltd. | Financial | 1.88% | ₹173 Cr | +0.62% | +0.55% | +0.46% |
| Knowledge Realty Trust | Construction | 1.65% | ₹151 Cr | +1.56% | +1.39% | +1.17% |
| Radhakrishna Securitisation Trust | Others | 1.41% | ₹130 Cr | +1.36% | +1.68% | +1.43% |
| Muthoot Finance Ltd. | Financial | 1.10% | ₹101 Cr | +1.30% | +1.18% | +1.18% |
| India Universal Trust AL1 | Others | 1.07% | ₹98.28 Cr | +1.24% | +1.22% | +1.19% |
| Housing & Urban Development Corporation Ltd. | Financial | 1.07% | ₹98.27 Cr | +1.01% | +0.91% | +1.52% |
| Punjab National Bank | Financial | 1.07% | ₹97.86 Cr | +1.72% | +2.17% | +0.56% |
| Indian Bank | Financial | 1.06% | ₹97.64 Cr | +0.98% | +0.87% | +0.73% |
| National Bank For Financing Infrastructure And Development | Financial | 1.06% | ₹97.30 Cr | +1.78% | +2.03% | +1.71% |
| Canara Bank | Financial | 1.06% | ₹97.05 Cr | +0.98% | +2.17% | +6.71% |
| Fullerton India Home Finance Ltd. | Financial | 0.98% | ₹89.95 Cr | +0.92% | +0.46% | +0.39% |
| Hero Housing Finance Ltd. | Financial | 0.65% | ₹59.81 Cr | +0.61% | +0.55% | +0.46% |
| Piramal Finance Ltd. | Financial | 0.55% | ₹50.16 Cr | +0.41% | +1.52% | +1.15% |
| ICICI Bank Ltd. | Financial | 0.53% | ₹48.94 Cr | +0.49% | +1.29% | — |
| Export-Import Bank Of India | Financial | 0.53% | ₹48.52 Cr | — | — | +0.19% |
| 360 ONE Wealth Ltd. | Financial | 0.49% | ₹45.17 Cr | +2.57% | +2.31% | +1.93% |
| Union Bank of India | Financial | 0.37% | ₹34.31 Cr | +0.35% | +0.09% | — |
| Bharti Telecom Ltd. | Communication | 0.33% | ₹30.11 Cr | +0.31% | +0.28% | +0.12% |
| L&T Finance Ltd. | Financial | 0.27% | ₹24.53 Cr | +0.10% | +0.14% | +0.12% |
| HDFC Bank Ltd. | Financial | 0.26% | ₹24.34 Cr | +0.24% | +0.22% | +1.30% |
| Summit Digitel Infrastructure Pvt. Ltd. | Communication | 0.22% | ₹20.08 Cr | +0.21% | +0.19% | +0.16% |
| Embassy Office Parks REIT | Construction | 0.19% | ₹17.81 Cr | +0.18% | +0.16% | +0.14% |
| RJ Corp Ltd. | Consumer Staples | 0.03% | ₹2.95 Cr | +0.54% | +0.48% | — |
| Vedanta Ltd. | Metals & Mining | 0.02% | ₹2.02 Cr | +1.83% | +1.64% | +1.35% |
| Aditya Birla Finance Ltd. | Financial | 0.00% | ₹0.22 Cr | +0.96% | +0.86% | +0.72% |
Sectors
Instruments
Recent changes
| Holding | From | To | Weight |
|---|---|---|---|
| Tata Capital Housing Finance Ltd. | 0.51% | 2.66% | +2.15% |
| REC Ltd. | 0.77% | 2.90% | +2.13% |
| Reserve Bank of India | 2.72% | 4.30% | +1.58% |
| Aditya Birla Housing Finance Ltd. | 0.62% | 1.88% | +1.26% |
| Kotak Mahindra Bank Ltd. | 1.00% | 2.13% | +1.13% |
| Punjab National Bank | 1.75% | 1.07% | -0.68% |
| Export-Import Bank Of India | 0.00% | 0.53% | +0.53% |
| National Bank For Financing Infrastructure And Development | 1.51% | 1.06% | -0.45% |
| Jubilant Bevco Ltd. | 4.02% | 4.29% | +0.26% |
| L&T Finance Ltd. | 0.10% | 0.27% | +0.16% |
| Indian Railway Finance Corporation Ltd. | 2.73% | 2.89% | +0.16% |
| Piramal Finance Ltd. | 0.41% | 0.55% | +0.13% |
| ICICI Home Finance Company Ltd. | 2.15% | 2.28% | +0.13% |
| Shivshakti Securitisation Trust | 2.34% | 2.43% | +0.09% |
| Knowledge Realty Trust | 1.56% | 1.65% | +0.09% |
| Poonawalla Fincorp Ltd. | 1.49% | 1.58% | +0.09% |
| JTPM Metal Traders Ltd. | 3.45% | 3.36% | -0.09% |
| Small Industries Devp. Bank of India Ltd. | 1.28% | 1.35% | +0.07% |
| Indian Bank | 1.00% | 1.06% | +0.06% |
| India Universal Trust AL1 | 1.13% | 1.07% | -0.06% |
| Muthoot Finance Ltd. | 1.04% | 1.10% | +0.06% |
| Canara Bank | 1.00% | 1.06% | +0.06% |
| Housing & Urban Development Corporation Ltd. | 1.01% | 1.07% | +0.06% |
| Radhakrishna Securitisation Trust | 1.36% | 1.41% | +0.05% |
| Fullerton India Home Finance Ltd. | 0.93% | 0.98% | +0.05% |
| company:19777 | 0.05% | 0.00% | -0.05% |
| Hinduja Leyland Finance Ltd. | 0.65% | 0.69% | +0.04% |
| Hero Housing Finance Ltd. | 0.62% | 0.65% | +0.04% |
| ICICI Bank Ltd. | 0.50% | 0.53% | +0.03% |
| 360 ONE Wealth Ltd. | 0.46% | 0.49% | +0.03% |
| Others | 0.41% | 0.44% | +0.03% |
| Union Bank of India | 0.35% | 0.37% | +0.02% |
| Bharti Telecom Ltd. | 0.31% | 0.33% | +0.02% |
| HDFC Bank Ltd. | 0.25% | 0.26% | +0.02% |
| Summit Digitel Infrastructure Pvt. Ltd. | 0.21% | 0.22% | +0.01% |
| Embassy Office Parks REIT | 0.18% | 0.19% | +0.01% |
| National Bank For Agriculture & Rural Development | 0.03% | 0.03% | 0.00% |
| RJ Corp Ltd. | 0.03% | 0.03% | 0.00% |
| Vedanta Ltd. | 0.02% | 0.02% | 0.00% |
| Aditya Birla Finance Ltd. | 0.00% | 0.00% | 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 | ₹4,924 Cr | 0.49% | 5.9% | 6.6% | 6.8% |
 ICICI Prudential Ultra Short to Short Term Fund | ₹17,294 Cr | 0.53% | 5.8% | 6.8% | 7.0% |
 Tata Ultra Short to Short Term Fund | ₹2,665 Cr | 0.57% | 5.9% | 6.5% | 6.6% |
 UTI Ultra Short to Short Term Fund | ₹2,604 Cr | 0.65% | 5.8% | 6.7% | 6.8% |
| Aditya Birla Sun Life CRISIL-IBX Financial Services 9-12 Months Debt Index Fund | ₹1,942 Cr | 0.36% | 5.9% | — | — |
 Mirae Asset CRISIL-IBX Financial Services 9-12 Months Debt Index Fund | ₹114 Cr | 0.32% | 5.9% | — | — |
About
About this fund
The scheme’s own words, its benchmark and the people running it.
Investment objective
The scheme seeks to provide income which is consistent with a portfolio through investments in a basket of debt and money market instruments of short maturities with a view to provide reasonable returns.
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.
- Mohit SharmaMr. Sharma is B Tech (IIT - Madras) and PGDCM (IIM Calcutta).Prior to joining Aditya Birla Sun Life AMC, he ran his own healthcare-tech business (June 2012 - May 2015). he has also worked as an Interest Rates Trader in Standard Chartered Bank (May 2007 - June 2011) and ICICI Bank Ltd (June 2006 - April 2007). He started his career in the Equity Research in Irevna Ltd (June 2005 - June 2006).
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 months2.63% absolute | ₹60,000 | ₹61,578 | 2.63% | |
| 1 year4.91% annualised | ₹1,20,000 | ₹1,23,240 | 2.70% | |
| 3 years6.41% annualised | ₹3,60,000 | ₹3,97,897 | 10.53% | |
| 5 years5.93% annualised | ₹6,00,000 | ₹6,99,888 | 16.65% |
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 to Short Term Fund?
The NAV of Aditya Birla Sun Life Ultra Short to Short Term Fund is ₹704.81 as on 9 Nov 2026.
What is the expense ratio of Aditya Birla Sun Life Ultra Short to Short Term Fund?
The expense ratio of Aditya Birla Sun Life Ultra Short to Short Term Fund is 1.20% per year.
What is the minimum SIP amount for Aditya Birla Sun Life Ultra Short to Short Term Fund?
You can start a SIP in Aditya Birla Sun Life Ultra Short to Short Term Fund with ₹3,000 a month.
What returns has Aditya Birla Sun Life Ultra Short to Short Term Fund given?
Aditya Birla Sun Life Ultra Short to Short Term Fund has returned 4.9% over 1 year, 5.9% over 3 years and 6.2% over 5 years (annualised).
Is there a lock-in or exit load on Aditya Birla Sun Life Ultra Short to Short Term Fund?
Lock-in: None. Exit load: 0%.
How risky is Aditya Birla Sun Life Ultra Short to Short Term Fund?
Aditya Birla Sun Life Ultra Short to Short Term Fund is rated Moderate on the SEBI riskometer and belongs to the Low Duration category.
Which fund house manages Aditya Birla Sun Life Ultra Short to Short Term Fund?
Aditya Birla Sun Life Ultra Short to Short Term Fund is managed by Aditya Birla Sun Life Mutual Fund, which runs 86 schemes with ₹4,46,664 Cr under management.