Edelweiss Ultra Short Term Fund
- NAV as on 9 Nov 2026
- ₹1,011.48+0.07%1 day
- Return since launch
- 1.0%
- 52-week range
- ₹1,000.52 — ₹1,010.77
- AUM
- ₹1,112 Cr
Edelweiss Ultra Short Term Fund is a Ultra Short Duration debt fund from Edelweiss Mutual Fund with ₹1,112 Cr under management, launched in 2026. The expense ratio is 0.66% and the SEBI riskometer reading is Low to Moderate.
Performance
Edelweiss 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 +1.1% against +1.1% for its category.
Performance
Returns
How the fund has done against its category and its benchmark.
Since launch (17 Aug 2026): 1.0%
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
0.66%
Expense ratio as on 6 Nov 2026
Charged yearly and already deducted from the NAV.
- Base expense
- 0.55%
- Brokerage
- 0.01%
- Transaction charges
- 0.00%
- Statutory levies
- 0.10%
- Exit load
- 0%
- Lock-in
- None
Terms
- Min SIP
- ₹3,000
- Min lumpsum
- ₹5,000
- Plan
- GROWTH
- Fund type
- OPEN-ENDED
- Benchmark
- CRISIL Ultra Short Duration Debt A-I Index
Risk
Risk
What the riskometer means for this fund, and how its ratios sit against the category.
Your principal is treated as being at low to moderate risk — typically short duration debt schemes.
Portfolio
Edelweiss Ultra Short Term Fund portfolio
Portfolio as of 30 Sep 2026
Asset allocation
- Debt97.1%
- Other3.0%
Top holdings
| Holding | Sector | Weight | Value | 3M chg | 6M chg | 1Y chg |
|---|---|---|---|---|---|---|
| National Bank For Agriculture & Rural Development | Financial | 8.30% | ₹74.31 Cr | — | — | — |
| Reserve Bank of India | Financial | 8.14% | ₹72.97 Cr | — | — | — |
| Canara Bank | Financial | 8.12% | ₹72.80 Cr | — | — | — |
| Small Industries Devp. Bank of India Ltd. | Financial | 8.01% | ₹71.73 Cr | — | — | — |
| REC Ltd. | Financial | 7.82% | ₹70.09 Cr | — | — | — |
| LIC Housing Finance Ltd. | Financial | 5.58% | ₹50.03 Cr | — | — | — |
| Kotak Mahindra Bank Ltd. | Financial | 5.48% | ₹49.11 Cr | — | — | — |
| Axis Bank Ltd. | Financial | 5.45% | ₹48.79 Cr | — | — | — |
| Axis Finance Ltd. | Financial | 5.45% | ₹48.82 Cr | — | — | — |
| Indian Bank | Financial | 5.45% | ₹48.85 Cr | — | — | — |
| HDFC Bank Ltd. | Financial | 5.43% | ₹48.68 Cr | — | — | — |
| Sharekhan Ltd. | Financial | 5.41% | ₹48.45 Cr | — | — | — |
| Muthoot Fincorp Ltd. | Financial | 5.39% | ₹48.29 Cr | — | — | — |
| Mirae Asset Capital Markets (India) Pvt. Ltd. | Financial | 2.70% | ₹24.22 Cr | — | — | — |
| Punjab National Bank | Financial | 2.70% | ₹24.24 Cr | — | — | — |
| Bank Of Baroda | Financial | 1.09% | ₹9.79 Cr | — | — | — |
| Export-Import Bank Of India | Financial | 0.55% | ₹4.89 Cr | — | — | — |
| Others | Others | -1.44% | ₹-12.89 Cr | — | — | — |
Sectors
Instruments
Recent changes
| Holding | From | To | Weight |
|---|---|---|---|
| Canara Bank | 2.71% | 8.12% | +5.41% |
| Others | 2.93% | -2.15% | -5.08% |
| Reserve Bank of India | 11.14% | 8.14% | -3.00% |
| Mirae Asset Capital Markets (India) Pvt. Ltd. | 0.00% | 2.70% | +2.70% |
| Punjab National Bank | 5.38% | 2.70% | -2.68% |
| National Bank For Agriculture & Rural Development | 7.55% | 5.59% | -1.96% |
| Bank Of Baroda | 2.72% | 1.09% | -1.63% |
| Export-Import Bank Of India | 0.00% | 0.55% | +0.55% |
| Axis Bank Ltd. | 5.41% | 5.45% | +0.04% |
| Axis Finance Ltd. | 5.41% | 5.45% | +0.04% |
| Muthoot Fincorp Ltd. | 5.35% | 5.39% | +0.04% |
| Sharekhan Ltd. | 5.37% | 5.41% | +0.04% |
| Indian Bank | 5.42% | 5.45% | +0.03% |
| Kotak Mahindra Bank Ltd. | 5.45% | 5.48% | +0.03% |
| HDFC Bank Ltd. | 5.40% | 5.43% | +0.03% |
| Small Industries Devp. Bank of India Ltd. | 2.68% | 2.70% | +0.02% |
| LIC Housing Finance Ltd. | 5.59% | 5.58% | -0.01% |
| REC Ltd. | 7.82% | 7.82% | 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 seeks to generate income through investment in debt and money market instruments such that the Macaulay duration of the portfolio is between 3 months to 6 months.
Fund managers
- Kedar KarnikMr. Karnik is a BE and has done his Masters in Management Studies from Jamnalal Bajaj Institute of Management Studies.Prior to joining Edelwiess Mutual Fund he was associated with DSP MF, Axis Asset Management. He has also worked with HSBC and CRISIL Ltd..
- Rahul DedhiaMr. Dedhia is a B.E. (Electronics) and also holds a PGeMBA - Finance.Prior to joining Edelweiss Mutual Fund, he has worked with PGIM India Mutual Fund as Assistant Fund Manager.
Tools
Return calculator
What ₹10,000 a month in this fund would have grown to over each period, based on its past returns.
No return history published for this fund yet.
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.