Aditya Birla Sun Life Ultra Short to Short Term Fund
Low DurationModerateOPEN-ENDED
- NAV as on 25 Sep 2026
- ₹701.32-0.04%1 day
- Return since launch
- 7.1%
- 52-week range
- ₹666.18 — ₹701.92
- AUM
- ₹9,727 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 ₹9,727 Cr under management, launched in 1998. Over three years it has returned 6.1% a year, against 6.8% 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 +5.3% against +5.8% for its category.
Performance
Returns
How the fund has done against its category and its benchmark.
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1Y | 5.3% | −0.4 pts | 5.7% | 6.0% |
| 2Y | 5.7% | −0.4 pts | 6.2% | 6.2% |
| 3Y | 6.1% | −0.6 pts | 6.8% | 6.5% |
| 5Y | 6.3% | +0.1 pts | 6.1% | 6.6% |
| 7Y | 6.0% | −0.3 pts | 6.3% | 6.2% |
| 10Y | 6.2% | −0.1 pts | 6.3% | 6.1% |
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1M | 0.3% | 0.0 pts | 0.4% | 0.4% |
| 3M | 1.1% | −0.2 pts | 1.3% | 1.3% |
| 6M | 2.9% | −0.3 pts | 3.2% | 3.2% |
| 1Y | 5.3% | −0.4 pts | 5.7% | 5.7% |
| 2Y | 6.3% | −0.3 pts | 6.6% | 6.6% |
| 3Y | 6.5% | −0.3 pts | 6.8% | 6.8% |
| 5Y | 5.9% | −0.2 pts | 6.1% | 6.1% |
| 7Y | 6.0% | −0.2 pts | 6.2% | 5.9% |
| 10Y | 6.4% | +0.1 pts | 6.3% | 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 24 Sep 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 | — | — | How hard the fund moves when the market moves. Under 1 is steadier than the market. |
| Sharpe | 0.94 | 1.93 | Return earned for each unit of total risk taken. Higher is better. |
| Sortino | 1.37 | 2.92 | Return earned for each unit of downside risk. Higher is better. |
| Std. deviation | 0.69 | 0.64 | 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 31 Aug 2026
Asset allocation
- Debt90.1%
- Other9.9%
Top holdings
| Holding | Sector | Weight | Value | 3M chg | 6M chg | 1Y chg |
|---|---|---|---|---|---|---|
| Others | Others | 10.28% | ₹1,000 Cr | +0.91% | +0.77% | +0.74% |
| ICICI Home Finance Company Ltd. | Financial | 4.64% | ₹451 Cr | +3.22% | +2.75% | +0.03% |
| Small Industries Devp. Bank of India Ltd. | Financial | 4.23% | ₹412 Cr | +3.82% | +3.31% | +3.57% |
| Jubilant Bevco Ltd. | Consumer Staples | 4.02% | ₹391 Cr | +2.93% | +2.50% | +2.94% |
| JTPM Metal Traders Ltd. | Metals & Mining | 3.45% | ₹336 Cr | +2.72% | +2.63% | — |
| National Bank For Agriculture & Rural Development | Financial | 3.23% | ₹314 Cr | +7.71% | +0.06% | +0.64% |
| Tata Capital Housing Finance Ltd. | Financial | 3.05% | ₹296 Cr | +0.38% | +0.66% | +0.71% |
| Poonawalla Fincorp Ltd. | Financial | 2.91% | ₹283 Cr | +2.98% | +2.56% | +1.97% |
| REC Ltd. | Financial | 2.88% | ₹280 Cr | +1.73% | +0.99% | +1.07% |
| Indian Railway Finance Corporation Ltd. | Financial | 2.73% | ₹266 Cr | +0.19% | +0.17% | +0.18% |
| Reserve Bank of India | Financial | 2.72% | ₹264 Cr | +2.00% | +4.24% | +2.90% |
| Aditya Birla Housing Finance Ltd. | Financial | 2.40% | ₹233 Cr | +0.92% | +0.79% | +0.86% |
| Shivshakti Securitisation Trust | Others | 2.34% | ₹227 Cr | +1.75% | +1.54% | — |
| Hinduja Leyland Finance Ltd. | Financial | 1.98% | ₹193 Cr | +0.98% | +0.85% | +1.35% |
| Punjab National Bank | Financial | 1.75% | ₹170 Cr | +0.38% | +1.54% | +1.36% |
| Knowledge Realty Trust | Construction | 1.56% | ₹152 Cr | +1.16% | +1.00% | — |
| National Bank For Financing Infrastructure And Development | Financial | 1.51% | ₹147 Cr | +1.31% | +1.47% | +1.59% |
| Radhakrishna Securitisation Trust | Others | 1.36% | ₹132 Cr | +1.39% | +1.22% | — |
| India Universal Trust AL1 | Others | 1.13% | ₹110 Cr | +0.96% | +0.90% | +1.13% |
| Muthoot Finance Ltd. | Financial | 1.04% | ₹101 Cr | +0.97% | +0.85% | +1.09% |
| Housing & Urban Development Corporation Ltd. | Financial | 1.01% | ₹98.69 Cr | +0.75% | +0.65% | +1.40% |
| Canara Bank | Financial | 1.00% | ₹97.23 Cr | +0.75% | +1.55% | +0.02% |
| Kotak Mahindra Bank Ltd. | Financial | 1.00% | ₹97.22 Cr | +0.94% | +1.55% | +3.42% |
| Indian Bank | Financial | 1.00% | ₹97.11 Cr | +0.18% | +0.62% | +0.67% |
| Fullerton India Home Finance Ltd. | Financial | 0.93% | ₹90.04 Cr | +0.69% | +0.33% | +0.36% |
| Hero Housing Finance Ltd. | Financial | 0.62% | ₹59.92 Cr | +0.46% | +0.40% | +0.42% |
| ICICI Bank Ltd. | Financial | 0.50% | ₹48.67 Cr | +0.73% | — | — |
| 360 ONE Wealth Ltd. | Financial | 0.46% | ₹45.17 Cr | +1.92% | +1.66% | +1.78% |
| Piramal Finance Ltd. | Financial | 0.41% | ₹40.15 Cr | +0.31% | +1.09% | +1.06% |
| L&T Finance Ltd. | Financial | 0.36% | ₹34.63 Cr | +0.15% | +0.20% | +0.22% |
| Union Bank of India | Financial | 0.35% | ₹34.12 Cr | +0.26% | +0.93% | +0.69% |
| Bharti Telecom Ltd. | Communication | 0.31% | ₹30.14 Cr | +0.23% | +0.10% | +0.11% |
| HDFC Bank Ltd. | Financial | 0.25% | ₹24.21 Cr | +0.18% | +1.23% | +1.20% |
| Summit Digitel Infrastructure Pvt. Ltd. | Communication | 0.21% | ₹20.11 Cr | +0.15% | +0.13% | +0.14% |
| Embassy Office Parks REIT | Construction | 0.18% | ₹17.84 Cr | +0.14% | +0.12% | +0.13% |
| Jio Credit Ltd. | Financial | 0.05% | ₹4.96 Cr | +0.76% | +0.65% | — |
| RJ Corp Ltd. | Consumer Staples | 0.03% | ₹2.96 Cr | +0.40% | +0.35% | — |
| Vedanta Ltd. | Metals & Mining | 0.02% | ₹2.02 Cr | +1.36% | +1.17% | +1.25% |
| Aditya Birla Finance Ltd. | Financial | 0.00% | ₹0.22 Cr | +0.72% | +0.62% | +0.67% |
Sectors
Instruments
Recent changes
| Holding | From | To | Weight |
|---|---|---|---|
| 360 ONE Wealth Ltd. | 2.53% | 0.46% | -2.07% |
| Vedanta Ltd. | 1.80% | 0.02% | -1.78% |
| Sundaram Finance Ltd. | 0.96% | 0.00% | -0.96% |
| Jio Credit Ltd. | 1.00% | 0.05% | -0.95% |
| RJ Corp Ltd. | 0.53% | 0.03% | -0.50% |
| Poonawalla Fincorp Ltd. | 1.96% | 1.49% | -0.48% |
| Tata Capital Housing Finance Ltd. | 0.25% | 0.51% | +0.26% |
| Aditya Birla Finance Ltd. | 0.26% | 0.00% | -0.25% |
| Tata Capital Financial Services Ltd. | 0.25% | 0.00% | -0.25% |
| JSW Energy Ltd. | 0.25% | 0.00% | -0.25% |
| Muthoot Finance Ltd. | 1.28% | 1.04% | -0.24% |
| National Bank For Financing Infrastructure And Development | 1.74% | 1.51% | -0.23% |
| JTPM Metal Traders Ltd. | 3.65% | 3.45% | -0.20% |
| Jubilant Bevco Ltd. | 3.93% | 4.02% | +0.10% |
| Reserve Bank of India | 2.65% | 2.72% | +0.06% |
| India Universal Trust AL1 | 1.19% | 1.13% | -0.06% |
| Punjab National Bank | 1.70% | 1.75% | +0.04% |
| Indian Railway Finance Corporation Ltd. | 2.69% | 2.73% | +0.04% |
| Shivshakti Securitisation Trust | 2.31% | 2.34% | +0.03% |
| ICICI Home Finance Company Ltd. | 2.12% | 2.15% | +0.03% |
| Kotak Mahindra Bank Ltd. | 0.97% | 1.00% | +0.03% |
| Canara Bank | 0.97% | 1.00% | +0.03% |
| Indian Bank | 0.97% | 1.00% | +0.02% |
| Knowledge Realty Trust | 1.54% | 1.56% | +0.02% |
| Radhakrishna Securitisation Trust | 1.34% | 1.36% | +0.02% |
| Small Industries Devp. Bank of India Ltd. | 1.26% | 1.28% | +0.02% |
| Housing & Urban Development Corporation Ltd. | 1.00% | 1.01% | +0.02% |
| Fullerton India Home Finance Ltd. | 0.91% | 0.93% | +0.02% |
| ICICI Bank Ltd. | 0.49% | 0.50% | +0.01% |
| REC Ltd. | 0.76% | 0.77% | +0.01% |
| Hinduja Leyland Finance Ltd. | 0.64% | 0.65% | +0.01% |
| Hero Housing Finance Ltd. | 0.61% | 0.62% | +0.01% |
| Aditya Birla Housing Finance Ltd. | 0.61% | 0.62% | +0.01% |
| Others | 0.40% | 0.41% | +0.01% |
| Union Bank of India | 0.34% | 0.35% | +0.01% |
| Piramal Finance Ltd. | 0.41% | 0.41% | +0.01% |
| HDFC Bank Ltd. | 0.24% | 0.25% | +0.01% |
| Bharti Telecom Ltd. | 0.30% | 0.31% | +0.01% |
| Summit Digitel Infrastructure Pvt. Ltd. | 0.20% | 0.21% | 0.00% |
| Embassy Office Parks REIT | 0.18% | 0.18% | 0.00% |
| L&T Finance Ltd. | 0.10% | 0.10% | 0.00% |
| National Bank For Agriculture & Rural Development | 0.03% | 0.03% | 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 | ₹5,593 Cr | 0.45% | 6.2% | 6.8% | 6.9% |
 ICICI Prudential Ultra Short to Short Term Fund | ₹21,047 Cr | 0.53% | 6.2% | 7.0% | 7.1% |
 Tata Ultra Short to Short Term Fund | ₹2,871 Cr | 0.57% | 6.2% | 6.7% | 6.7% |
 UTI Ultra Short to Short Term Fund | ₹2,680 Cr | 0.48% | 6.2% | 6.9% | 6.9% |
| Aditya Birla Sun Life CRISIL-IBX Financial Services 9-12 Months Debt Index Fund | ₹1,228 Cr | 0.36% | 6.3% | — | — |
 Mirae Asset CRISIL-IBX Financial Services 9-12 Months Debt Index Fund | ₹138 Cr | 0.29% | 6.2% | — | — |
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 months2.88% absolute | ₹60,000 | ₹61,728 | 2.88% | |
| 1 year5.27% annualised | ₹1,20,000 | ₹1,23,481 | 2.90% | |
| 3 years6.48% annualised | ₹3,60,000 | ₹3,98,338 | 10.65% | |
| 5 years5.89% annualised | ₹6,00,000 | ₹6,99,146 | 16.52% |
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 ₹701.32 as on 25 Sep 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 5.3% over 1 year, 6.1% over 3 years and 6.3% 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 ₹4,32,524 Cr under management.