SBI Ultra Short to Short Term Fund
- NAV as on 9 Nov 2026
- ₹3,761.65+0.06%1 day
- Return since launch
- 7.1%
- 52-week range
- ₹3,572.41 — ₹3,759.23
- AUM
- ₹10,896 Cr
SBI Ultra Short to Short Term Fund is a Low Duration debt fund from SBI Mutual Fund with ₹10,896 Cr under management, launched in 2007. Over three years it has returned 6.2% a year, against 6.7% for its category. The expense ratio is 0.92% and the SEBI riskometer reading is Low to Moderate.
Performance
SBI 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 +5.2% 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 | 5.4% | 0.0 pts | 5.4% | 5.6% |
| 2Y | 5.7% | −0.1 pts | 5.9% | 6.0% |
| 3Y | 6.2% | −0.5 pts | 6.7% | 6.3% |
| 5Y | 6.3% | +0.3 pts | 6.1% | 6.5% |
| 7Y | 6.0% | −0.2 pts | 6.2% | 6.1% |
| 10Y | 6.1% | −0.1 pts | 6.2% | 6.1% |
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1M | 0.4% | 0.0 pts | 0.3% | 0.3% |
| 3M | 1.1% | 0.0 pts | 1.1% | 1.1% |
| 6M | 2.9% | 0.0 pts | 2.9% | 3.0% |
| 1Y | 5.3% | −0.2 pts | 5.4% | 5.5% |
| 2Y | 6.2% | −0.1 pts | 6.4% | 6.4% |
| 3Y | 6.6% | −0.1 pts | 6.7% | 6.7% |
| 5Y | 6.0% | −0.1 pts | 6.1% | 6.1% |
| 7Y | 5.8% | −0.4 pts | 6.2% | 5.9% |
| 10Y | 6.3% | +0.1 pts | 6.2% | 6.2% |
Since launch (19 Jul 2007): 7.1%
Calendar-year returns
Category averageShow as a table
| Period | Fund | vs category | Category |
|---|---|---|---|
| 2025 | 7.0% | −0.7 pts | 7.8% |
| 2024 | 7.2% | −0.6 pts | 7.8% |
| 2023 | 6.8% | −0.6 pts | 7.4% |
| 2022 | 4.0% | −0.6 pts | 4.6% |
| 2021 | 3.2% | −1.4 pts | 4.6% |
| 2020 | 6.7% | −2.0 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
0.91%
Expense ratio as on 5 Nov 2026
Charged yearly and already deducted from the NAV.
- Base expense
- 0.77%
- Brokerage
- 0.01%
- Transaction charges
- 0.00%
- Statutory levies
- 0.13%
- Exit load
- Exit Load of 0.10% if investment is redeemed within 3 days.
- Lock-in
- None
Terms
- Min SIP
- ₹3,000
- Min lumpsum
- ₹5,000
- Plan
- GROWTH
- Fund type
- OPEN-ENDED
- Benchmark
- CRISIL Low 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.
| 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 | 1.21 | 1.76 | Return earned for each unit of total risk taken. Higher is better. |
| Sortino | 1.76 | 2.43 | Return earned for each unit of downside risk. Higher is better. |
| Std. deviation | 0.67 | 0.69 | How widely monthly returns have varied around their own average. Lower is steadier. |
| Average of 5 category peers | |||
Portfolio
SBI Ultra Short to Short Term Fund portfolio
Portfolio as of 30 Sep 2026
Asset allocation
- Debt75.8%
- Other24.2%
Top holdings
| Holding | Sector | Weight | Value | 3M chg | 6M chg | 1Y chg |
|---|---|---|---|---|---|---|
| Others | Others | 34.29% | ₹3,752 Cr | +1.37% | +1.33% | +0.96% |
| LIC Housing Finance Ltd. | Financial | 5.62% | ₹615 Cr | +10.02% | +13.84% | +2.38% |
| Small Industries Devp. Bank of India Ltd. | Financial | 5.58% | ₹610 Cr | +7.50% | +4.81% | +3.56% |
| Radhakrishna Securitisation Trust | Others | 4.57% | ₹500 Cr | +3.83% | +3.79% | +3.15% |
| Canara Bank | Financial | 4.46% | ₹488 Cr | +3.58% | +3.46% | — |
| Kotak Mahindra Bank Ltd. | Financial | 4.44% | ₹486 Cr | +3.57% | +3.45% | +1.17% |
| ICICI Bank Ltd. | Financial | 4.43% | ₹485 Cr | +3.56% | +3.44% | — |
| Bharti Telecom Ltd. | Communication | 4.08% | ₹447 Cr | +0.41% | +0.41% | +0.33% |
| Reserve Bank of India | Financial | 3.62% | ₹396 Cr | +3.54% | — | +1.48% |
| Bajaj Finance Ltd. | Financial | 3.33% | ₹365 Cr | — | +1.82% | +1.50% |
| HDFC Bank Ltd. | Financial | 3.14% | ₹343 Cr | +5.35% | +10.35% | +1.14% |
| Muthoot Finance Ltd. | Financial | 2.99% | ₹327 Cr | +3.80% | +2.57% | +1.20% |
| National Bank For Agriculture & Rural Development | Financial | 2.90% | ₹317 Cr | +0.03% | +0.03% | +0.44% |
| REC Ltd. | Financial | 2.51% | ₹275 Cr | +0.15% | +0.15% | +0.86% |
| JSW Kalinga Steel Ltd. | Metals & Mining | 2.38% | ₹260 Cr | +1.92% | +1.85% | — |
| Tata Motors Ltd. | Automobile | 2.29% | ₹250 Cr | +1.87% | +1.84% | — |
| Sundaram Finance Ltd. | Financial | 2.27% | ₹248 Cr | +1.88% | — | +0.90% |
| Housing & Urban Development Corporation Ltd. | Financial | 2.26% | ₹247 Cr | +0.75% | — | — |
| GOI | Sovereign | 1.44% | ₹157 Cr | +2.33% | +2.30% | +1.82% |
| Tata Projects Ltd. | Construction | 1.42% | ₹155 Cr | +1.16% | +1.14% | +0.94% |
| Power Finance Corporation Ltd. | Financial | 1.37% | ₹150 Cr | +1.86% | +3.65% | +1.04% |
| Aditya Birla Housing Finance Ltd. | Financial | 1.36% | ₹149 Cr | +1.12% | +1.11% | +0.91% |
| Axis Bank Ltd. | Financial | 1.33% | ₹146 Cr | +2.86% | — | +1.72% |
| Torrent Pharmaceuticals Ltd. | Healthcare | 1.13% | ₹124 Cr | +0.93% | — | — |
| Tata Housing Devp. Co. Ltd | Construction | 1.12% | ₹123 Cr | +0.93% | +0.91% | — |
| Tata Chemicals Ltd. | Chemicals | 0.91% | ₹99.84 Cr | +0.75% | +0.74% | +0.60% |
| Bank Of Baroda | Financial | 0.89% | ₹97.18 Cr | +0.71% | — | +0.87% |
| Mankind Pharma Ltd. | Healthcare | 0.46% | ₹49.99 Cr | +0.38% | +0.37% | +0.30% |
| Indian Bank | Financial | 0.45% | ₹48.85 Cr | +3.59% | +3.47% | +0.58% |
| India Universal Trust AL1 | Others | 0.35% | ₹38.32 Cr | +0.49% | +0.15% | +0.46% |
| Standard Chartered Bank | Financial | -2.74% | ₹-300.00 Cr | -2.61% | -1.47% | — |
| Nomura Fixed Income Securities Pvt. Ltd. | Financial | -3.20% | ₹-350.00 Cr | -1.12% | — | — |
| Deutsche Bank AG (India) | Financial | -15.54% | ₹-1,700.00 Cr | -12.69% | — | — |
Sectors
Instruments
Recent changes
| Holding | From | To | Weight |
|---|---|---|---|
| Bharti Telecom Ltd. | 0.47% | 4.08% | +3.61% |
| HDFC Bank Ltd. | 5.41% | 3.14% | -2.27% |
| company:18251 | 1.79% | 0.00% | -1.79% |
| Deutsche Bank AG (India) | -14.63% | -15.54% | -0.91% |
| REC Ltd. | 0.43% | 1.14% | +0.71% |
| Small Industries Devp. Bank of India Ltd. | 2.76% | 2.46% | -0.30% |
| Canara Bank | 4.18% | 4.46% | +0.28% |
| Kotak Mahindra Bank Ltd. | 4.16% | 4.44% | +0.28% |
| ICICI Bank Ltd. | 4.15% | 4.43% | +0.28% |
| LIC Housing Finance Ltd. | 3.34% | 3.57% | +0.23% |
| Reserve Bank of India | 3.39% | 3.62% | +0.23% |
| Bajaj Finance Ltd. | 3.14% | 3.33% | +0.19% |
| Radhakrishna Securitisation Trust | 4.38% | 4.57% | +0.19% |
| Nomura Fixed Income Securities Pvt. Ltd. | -3.01% | -3.20% | -0.19% |
| Standard Chartered Bank | -2.58% | -2.74% | -0.16% |
| JSW Kalinga Steel Ltd. | 2.23% | 2.38% | +0.15% |
| Tata Motors Ltd. | 2.15% | 2.29% | +0.13% |
| Sundaram Finance Ltd. | 2.15% | 2.27% | +0.12% |
| Housing & Urban Development Corporation Ltd. | 2.14% | 2.26% | +0.12% |
| Muthoot Finance Ltd. | 1.32% | 1.40% | +0.09% |
| Axis Bank Ltd. | 1.25% | 1.33% | +0.08% |
| GOI | 1.35% | 1.43% | +0.08% |
| Tata Projects Ltd. | 1.33% | 1.42% | +0.08% |
| Power Finance Corporation Ltd. | 1.30% | 1.37% | +0.08% |
| National Bank For Agriculture & Rural Development | 1.27% | 1.34% | +0.08% |
| Aditya Birla Housing Finance Ltd. | 1.29% | 1.36% | +0.08% |
| Torrent Pharmaceuticals Ltd. | 1.07% | 1.13% | +0.06% |
| Tata Housing Devp. Co. Ltd | 1.06% | 1.12% | +0.06% |
| India Universal Trust AL1 | 0.41% | 0.35% | -0.06% |
| Bank Of Baroda | 0.83% | 0.89% | +0.06% |
| Tata Chemicals Ltd. | 0.86% | 0.91% | +0.05% |
| Indian Bank | 0.42% | 0.45% | +0.03% |
| Others | 0.40% | 0.42% | +0.03% |
| Mankind Pharma Ltd. | 0.43% | 0.46% | +0.03% |
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 investors an opportunity to generate regular income with reasonable degree of liquidity through investments in debt and money market instruments in such a manner that the Macaulay duration of the portfolio is between 6 months and 12 months.
Fund managers
- Sudhir AgrawalMr.Sudhir Agrawal is a M.Com, PGDBA (Finance) and a CFA.Prior to joining SBI MF he has worked with UTI MF, TATA Asset Management Ltd., Tramp Value Pvt. Ltd. and CARE Ratings.
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 months2.86% absolute | ₹60,000 | ₹61,716 | 2.86% | |
| 1 year5.25% annualised | ₹1,20,000 | ₹1,23,468 | 2.89% | |
| 3 years6.61% annualised | ₹3,60,000 | ₹3,99,158 | 10.88% | |
| 5 years6.01% annualised | ₹6,00,000 | ₹7,01,375 | 16.90% |
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.