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Tata Ultra Short Term Fund

Ultra Short DurationModerateOPEN-ENDED
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NAV as on 24 Sep 2026
₹15.24-0.01%1 day
Return since launch
5.6%
52-week range
₹14.37 — ₹15.24
AUM
₹6,495 Cr

Tata Ultra Short Term Fund is a Ultra Short Duration debt fund from Tata Mutual Fund with ₹6,495 Cr under management, launched in 2019. Over three years it has returned 6.5% a year, against 6.7% for its category. The expense ratio is 1.11% and the SEBI riskometer reading is Moderate.

Performance

Tata 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 +6.2% for its category.

Performance

Returns

How the fund has done against its category and its benchmark.

Trailing returns
PeriodFundvs categoryCategoryBenchmark
1Y6.4%+0.3 pts6.1%6.5%
2Y6.3%0.0 pts6.3%6.5%
3Y6.5%−0.2 pts6.7%6.7%
5Y6.4%+0.4 pts6.0%6.6%
7Y5.9%−0.1 pts6.1%6.2%

Fund against category

1Y
Fund6.4%
Category6.1%
3Y
Fund6.5%
Category6.7%
5Y
Fund6.4%
Category6.0%

Since launch (11 Jan 2019): 5.6%

Calendar-year returns

Category average
Show as a table
Calendar-year returns
PeriodFundvs categoryCategory
20256.6%−0.7 pts7.2%
20247.0%−0.7 pts7.6%
20236.5%−0.7 pts7.2%
20224.1%−0.7 pts4.8%
20213.1%−1.0 pts4.1%
20204.9%−0.8 pts5.8%

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

1.11%

Expense ratio as on 23 Sep 2026

Charged yearly and already deducted from the NAV.

Base expense
1.00%
Brokerage
0.02%
Transaction charges
0.00%
Statutory levies
0.09%
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.

Moderate

Your principal is treated as being at moderate risk — typically medium duration debt and conservative hybrid schemes.

Risk ratios
RatioFundCategory avgRead 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.
Sharpe1.792.59Return earned for each unit of total risk taken. Higher is better.
Sortino2.573.78Return earned for each unit of downside risk. Higher is better.
Std. deviation0.410.42How widely monthly returns have varied around their own average. Lower is steadier.
Average of 5 category peers

Portfolio

Tata Ultra Short Term Fund portfolio

Portfolio as of 31 Aug 2026

Asset allocation

  • Debt110.3%

Top holdings

HoldingSectorWeightValue3M chg6M chg1Y chg
National Bank For Agriculture & Rural DevelopmentFinancial8.18%₹531 Cr+1.83%+2.64%+0.51%
HDFC Bank Ltd.Financial7.56%₹491 Cr+0.90%—+2.93%
OthersOthers7.25%₹471 Cr+0.96%+1.36%+0.92%
company:4975Financial6.16%₹400 Cr—+4.61%+1.02%
Indian BankFinancial5.30%₹344 Cr+5.29%+3.88%+1.98%
Reserve Bank of IndiaFinancial5.13%₹333 Cr+5.49%+5.63%+3.99%
Small Industries Devp. Bank of India Ltd.Financial5.07%₹329 Cr+3.48%+2.64%+4.26%
GIC Housing Finance Ltd.Financial3.87%₹251 Cr+2.73%+7.92%+6.12%
Ujjivan Small Finance Bank Ltd.Financial3.33%₹216 Cr+3.85%——
The Federal Bank Ltd.Financial3.28%₹213 Cr———

Sectors

  • Financial85.6%
  • Others9.1%
  • Energy2.4%
  • Services1.5%
  • Construction1.4%

Instruments

  • Certificate of Deposit35.4%
  • Debenture26.6%
  • Interest Rate Swap17.3%
  • Commercial Paper10.5%
  • Treasury Bills7.7%
  • Repo7.7%
  • Non Convertible Debenture7.5%
  • Securitised Debt1.9%

Recent changes

HoldingFromToWeight
company:49750.00%6.16%+6.16%
Karur Vysya Bank Ltd.3.83%0.00%-3.83%
AU Small Finance Bank Ltd.2.69%0.00%-2.69%
Export-Import Bank Of India3.82%1.51%-2.31%
company:56520.00%1.89%+1.89%
company:194760.00%1.52%+1.52%
company:53290.00%1.50%+1.50%
National Bank For Agriculture & Rural Development9.51%8.18%-1.33%
Godrej Properties Ltd.0.39%1.39%+1.00%
Small Industries Devp. Bank of India Ltd.2.27%1.48%-0.79%
Muthoot Finance Ltd.0.94%0.39%-0.56%
Reserve Bank of India4.69%5.13%+0.45%
The Federal Bank Ltd.3.69%3.28%-0.41%
Yes Bank Ltd.0.75%0.37%-0.38%
Indian Railway Finance Corporation Ltd.1.18%1.55%+0.37%
Sundaram Home Finance Ltd.1.96%2.31%+0.35%
Piramal Finance Pvt. Ltd.0.47%0.15%-0.32%
Liquid Gold Series 72.00%1.85%-0.14%
HDFC Bank Ltd.7.64%7.56%-0.09%
Indian Bank5.36%5.30%-0.06%
Ujjivan Small Finance Bank Ltd.3.36%3.33%-0.04%
Equitas Small Finance Bank Ltd.2.99%2.96%-0.03%
Piramal Finance Ltd.1.58%1.55%-0.03%
GIC Housing Finance Ltd.2.27%2.24%-0.03%
IIFL Finance Ltd.2.33%2.30%-0.03%
360 ONE Wealth Ltd.1.17%1.15%-0.02%
Credila Financial Services Ltd.1.17%1.15%-0.02%
Muthoot Fincorp Ltd.1.51%1.49%-0.02%
Indostar Capital Finance Ltd.0.71%0.69%-0.01%
Others0.23%0.23%0.00%
Adani Power Ltd.0.08%0.08%0.00%

Compare

Similar funds

The rest of the category, so this fund’s numbers have something to sit against.

FundAUMExpense1Y3Y5Y
Category average₹1,772 Cr0.31%7.0%6.8%6.8%
HSBC Ultra Short Term Fund₹3,628 Cr0.38%6.8%6.8%6.8%
HDFC CRISIL-IBX Financial Services 3-6 Months Debt Index Fund₹2,264 Cr0.25%7.2%——
Aditya Birla Sun Life CRISIL-IBX Financial Services 3 to 6 Months Debt Index Fund₹2,164 Cr0.37%7.1%——
ICICI Prudential CRISIL-IBX Financial Services 3-6 Months Debt Index Fund₹533 Cr0.22%7.1%——
Kotak CRISIL-IBX Financial Services 3-6 Months Debt Index Fund₹270 Cr0.35%6.8%——

About

About this fund

The scheme’s own words, its benchmark and the people running it.

Investment objective

The scheme seeks to generate returns through investment in Debt & Money Market instruments such that the Macaulay duration of the portfolio is between 3 months - 6 months.

Fund managers

  • Amit SomaniMr.Somani is a B.Com, PGDBM and CFA.Prior to joining Tata Asset Management Ltd in 2010 he has worked with Fidelity Investments Netscribes Pvt. ltd, SPA Capital and Khandwala Securities.
  • Dhawal JoshiBachelor of Engineering (IT), MMS (Finance)Prior to joining the Tata AMC, he was associated with A.K Capital Services Ltd, Crest Capital Ltd,
Scheme information document

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 pastTotal investmentWould’ve becomeGrowthReturns
6 months3.48% absolute₹60,000₹62,0883.48%
1 year6.10% annualised₹1,20,000₹1,24,0403.37%
3 years6.61% annualised₹3,60,000₹3,99,15810.88%
5 years5.90% annualised₹6,00,000₹6,99,33216.56%

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 Tata Ultra Short Term Fund?
The NAV of Tata Ultra Short Term Fund is ₹15.24 as on 24 Sep 2026.
What is the expense ratio of Tata Ultra Short Term Fund?
The expense ratio of Tata Ultra Short Term Fund is 1.11% per year.
What is the minimum SIP amount for Tata Ultra Short Term Fund?
You can start a SIP in Tata Ultra Short Term Fund with ₹3,000 a month.
What returns has Tata Ultra Short Term Fund given?
Tata Ultra Short Term Fund has returned 6.4% over 1 year, 6.5% over 3 years and 6.4% over 5 years (annualised).
Is there a lock-in or exit load on Tata Ultra Short Term Fund?
Lock-in: None. Exit load: 0%.
How risky is Tata Ultra Short Term Fund?
Tata Ultra Short Term Fund is rated Moderate on the SEBI riskometer and belongs to the Ultra Short Duration category.
Which fund house manages Tata Ultra Short Term Fund?
Tata Ultra Short Term Fund is managed by Tata Mutual Fund, which runs 61 schemes with ₹2,31,388 Cr under management.