Tata Ultra Short to Short Term Fund
Low DurationLow to ModerateOPEN-ENDED
- NAV as on 25 Sep 2026
- ₹4,229.40-0.02%1 day
- Return since launch
- 7.1%
- 52-week range
- ₹3,990.66 — ₹4,231.84
- AUM
- ₹2,871 Cr
Tata Ultra Short to Short Term Fund is a Low Duration debt fund from Tata Mutual Fund with ₹2,871 Cr under management, launched in 2005. Over three years it has returned 6.7% a year, against 6.8% for its category. The expense ratio is 0.57% and the SEBI riskometer reading is Low to Moderate.
Performance
Tata 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 +6.0% 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 | 6.2% | +0.5 pts | 5.7% | 6.0% |
| 2Y | 6.4% | +0.2 pts | 6.2% | 6.2% |
| 3Y | 6.7% | −0.1 pts | 6.8% | 6.5% |
| 5Y | 6.7% | +0.5 pts | 6.1% | 6.6% |
| 7Y | 6.3% | 0.0 pts | 6.3% | 6.2% |
| 10Y | 6.0% | −0.2 pts | 6.3% | 6.1% |
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1M | 0.4% | 0.0 pts | 0.4% | 0.4% |
| 3M | 1.3% | +0.1 pts | 1.3% | 1.3% |
| 6M | 3.4% | +0.2 pts | 3.2% | 3.2% |
| 1Y | 6.0% | +0.3 pts | 5.7% | 5.7% |
| 2Y | 6.7% | +0.2 pts | 6.6% | 6.6% |
| 3Y | 6.9% | +0.1 pts | 6.8% | 6.8% |
| 5Y | 6.2% | 0.0 pts | 6.1% | 6.1% |
| 7Y | 6.1% | 0.0 pts | 6.2% | 5.9% |
| 10Y | 5.9% | −0.3 pts | 6.3% | 6.2% |
Since launch (23 Aug 2005): 7.1%
Calendar-year returns
Category average7.5%
3.6%
4.1%
6.9%
7.4%
7.2%
Show as a table
| Period | Fund | vs category | Category |
|---|---|---|---|
| 2025 | 7.2% | −0.6 pts | 7.8% |
| 2024 | 7.4% | −0.5 pts | 7.8% |
| 2023 | 6.9% | −0.5 pts | 7.4% |
| 2022 | 4.1% | −0.5 pts | 4.6% |
| 2021 | 3.6% | −1.0 pts | 4.6% |
| 2020 | 7.5% | −1.2 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
0.57%
Expense ratio as on 23 Sep 2026
Charged yearly and already deducted from the NAV.
- Base expense
- 0.50%
- Brokerage
- 0.02%
- Transaction charges
- 0.00%
- Statutory levies
- 0.05%
- Exit load
- For investment less than Rs 5 lakhs, entry load of 0.50% and exit load of 0.50% if redeemed within 30 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.
Low to Moderate
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 | — | — | How hard the fund moves when the market moves. Under 1 is steadier than the market. |
| Sharpe | 1.64 | 2.08 | Return earned for each unit of total risk taken. Higher is better. |
| Sortino | 2.45 | 3.16 | Return earned for each unit of downside risk. Higher is better. |
| Std. deviation | 0.63 | 0.64 | How widely monthly returns have varied around their own average. Lower is steadier. |
| Average of 4 category peers | |||
Portfolio
Tata Ultra Short to Short Term Fund portfolio
Portfolio as of 31 Aug 2026
Asset allocation
- Debt97.7%
- Other2.3%
Top holdings
| Holding | Sector | Weight | Value | 3M chg | 6M chg | 1Y chg |
|---|---|---|---|---|---|---|
| Small Industries Devp. Bank of India Ltd. | Financial | 6.09% | ₹175 Cr | +7.26% | +5.62% | +1.62% |
| National Bank For Agriculture & Rural Development | Financial | 6.03% | ₹173 Cr | +5.43% | +6.45% | +1.47% |
| REC Ltd. | Financial | 4.31% | ₹124 Cr | — | — | +3.22% |
| DLF Cyber City Developers Ltd. | Construction | 4.28% | ₹123 Cr | +4.44% | +3.56% | — |
| company:19777 | Financial | 3.43% | ₹98.53 Cr | — | — | +1.60% |
| Union Bank of India | Financial | 3.36% | ₹96.57 Cr | +3.42% | +2.85% | — |
| Kerala State | Others | 3.34% | ₹95.90 Cr | +3.49% | +2.77% | +3.13% |
| Others | Others | 2.66% | ₹76.75 Cr | +1.11% | +0.87% | +0.87% |
| company:16204 | Construction | 2.61% | ₹74.91 Cr | — | — | — |
| LIC Housing Finance Ltd. | Financial | 2.44% | ₹70.10 Cr | +1.81% | — | — |
| Liquid Gold Series 7 | Others | 2.40% | ₹68.77 Cr | +2.94% | +2.86% | — |
| company:20537 | Financial | 2.26% | ₹64.83 Cr | — | — | — |
| Adani Power Ltd. | Energy | 2.25% | ₹64.63 Cr | +2.34% | +2.14% | — |
| Torrent Pharmaceuticals Ltd. | Healthcare | 2.08% | ₹59.66 Cr | +2.15% | +1.43% | — |
| Canara Bank | Financial | 1.74% | ₹49.88 Cr | +1.78% | — | +0.79% |
| ICICI Home Finance Company Ltd. | Financial | 1.74% | ₹49.88 Cr | +1.80% | +1.16% | +2.45% |
| company:11779 | Capital Goods | 1.74% | ₹49.97 Cr | — | — | — |
| Bajaj Finance Ltd. | Financial | 1.72% | ₹49.38 Cr | +0.88% | +0.68% | +3.23% |
| company:14725 | Financial | 1.72% | ₹49.31 Cr | — | — | — |
| company:14899 | Financial | 1.72% | ₹49.34 Cr | — | — | — |
| company:5085 | Financial | 1.72% | ₹49.26 Cr | — | — | — |
| Indian Bank | Financial | 1.70% | ₹48.80 Cr | +1.73% | +1.43% | +1.56% |
| HDFC Bank Ltd. | Financial | 1.68% | ₹48.34 Cr | +3.50% | +1.43% | +1.55% |
| company:13404 | Financial | 1.68% | ₹48.34 Cr | — | +0.43% | — |
| company:1570 | Financial | 1.68% | ₹48.23 Cr | — | — | — |
| Nexus Select Trust | Construction | 1.57% | ₹45.17 Cr | +1.63% | +1.31% | — |
| JSW Kalinga Steel Ltd. | Metals & Mining | 1.44% | ₹41.39 Cr | +1.46% | — | — |
| Godrej Properties Ltd. | Construction | 1.40% | ₹40.14 Cr | +1.27% | — | — |
| company:896 | Financial | 1.40% | ₹40.18 Cr | — | — | — |
| John Deere Financial India Pvt. Ltd. | Financial | 1.04% | ₹29.98 Cr | +1.08% | +0.87% | +0.98% |
| Mahindra Rural Housing Finance Ltd. | Financial | 1.04% | ₹29.73 Cr | +1.08% | +0.86% | — |
| Axis Bank Ltd. | Financial | 0.86% | ₹24.57 Cr | +1.74% | +1.40% | +1.53% |
| Bank Of Baroda | Financial | 0.86% | ₹24.63 Cr | — | — | +3.95% |
| Knowledge Realty Trust | Construction | 0.86% | ₹24.76 Cr | +1.79% | +1.43% | — |
| Reserve Bank of India | Financial | 0.86% | ₹24.74 Cr | +0.90% | — | +2.36% |
| Kotak Mahindra Bank Ltd. | Financial | 0.85% | ₹24.52 Cr | — | — | +0.79% |
| Haryana State | Others | 0.71% | ₹20.27 Cr | +0.73% | +0.59% | +0.66% |
| Madhya Pradesh State | Others | 0.54% | ₹15.39 Cr | +0.56% | +0.45% | +0.50% |
| Muthoot Finance Ltd. | Financial | 0.52% | ₹15.05 Cr | +0.55% | — | — |
| India Universal Trust AL1 | Others | 0.42% | ₹11.96 Cr | 0.00% | +0.11% | +0.37% |
| Credila Financial Services Ltd. | Financial | 0.35% | ₹10.05 Cr | — | — | — |
| Andhra Pradesh State | Financial | 0.18% | ₹5.05 Cr | +1.51% | +0.72% | +0.81% |
| Gujarat State | Construction | 0.18% | ₹5.13 Cr | +0.19% | +0.15% | +0.17% |
| Can Fin Homes Ltd. | Financial | 0.17% | ₹5.01 Cr | +1.81% | +1.45% | — |
| Karnataka State | Others | 0.05% | ₹1.55 Cr | +0.06% | +0.05% | +0.05% |
Sectors
Instruments
Recent changes
| Holding | From | To | Weight |
|---|---|---|---|
| Barclays Investments & Loans Ltd. | 4.45% | 0.00% | -4.45% |
| Small Industries Devp. Bank of India Ltd. | 1.07% | 5.22% | +4.15% |
| company:19777 | 0.00% | 3.43% | +3.43% |
| HDFC Bank Ltd. | 4.37% | 1.68% | -2.69% |
| company:16204 | 0.00% | 2.61% | +2.61% |
| REC Ltd. | 1.12% | 3.44% | +2.32% |
| company:20537 | 0.00% | 2.26% | +2.26% |
| company:11779 | 0.00% | 1.74% | +1.74% |
| company:14725 | 0.00% | 1.72% | +1.72% |
| company:14899 | 0.00% | 1.72% | +1.72% |
| company:5085 | 0.00% | 1.72% | +1.72% |
| company:13404 | 0.00% | 1.68% | +1.68% |
| company:1570 | 0.00% | 1.68% | +1.68% |
| National Bank For Agriculture & Rural Development | 3.36% | 1.75% | -1.61% |
| Credila Financial Services Ltd. | 1.79% | 0.35% | -1.44% |
| Can Fin Homes Ltd. | 1.57% | 0.17% | -1.40% |
| company:896 | 0.00% | 1.40% | +1.40% |
| DLF Cyber City Developers Ltd. | 5.51% | 4.28% | -1.23% |
| Kerala State | 4.29% | 3.34% | -0.95% |
| Union Bank of India | 4.28% | 3.36% | -0.92% |
| Liquid Gold Series 7 | 3.25% | 2.40% | -0.85% |
| John Deere Financial India Pvt. Ltd. | 0.22% | 1.04% | +0.82% |
| LIC Housing Finance Ltd. | 3.13% | 2.44% | -0.69% |
| Adani Power Ltd. | 2.89% | 2.25% | -0.64% |
| Torrent Pharmaceuticals Ltd. | 2.67% | 2.08% | -0.59% |
| ICICI Home Finance Company Ltd. | 2.23% | 1.74% | -0.49% |
| Canara Bank | 2.22% | 1.74% | -0.48% |
| Bajaj Finance Ltd. | 2.19% | 1.72% | -0.47% |
| Indian Bank | 2.17% | 1.70% | -0.47% |
| Nexus Select Trust | 2.02% | 1.57% | -0.45% |
| JSW Kalinga Steel Ltd. | 1.84% | 1.44% | -0.40% |
| Mahindra Rural Housing Finance Ltd. | 1.33% | 1.04% | -0.29% |
| Knowledge Realty Trust | 1.11% | 0.86% | -0.25% |
| Reserve Bank of India | 1.11% | 0.86% | -0.25% |
| Kotak Mahindra Bank Ltd. | 1.09% | 0.85% | -0.24% |
| Axis Bank Ltd. | 1.09% | 0.86% | -0.23% |
| Bank Of Baroda | 1.09% | 0.86% | -0.23% |
| India Universal Trust AL1 | 0.64% | 0.42% | -0.22% |
| Haryana State | 0.91% | 0.71% | -0.20% |
| Godrej Properties Ltd. | 1.57% | 1.40% | -0.17% |
| Muthoot Finance Ltd. | 0.67% | 0.52% | -0.15% |
| Madhya Pradesh State | 0.69% | 0.54% | -0.15% |
| Others | 0.46% | 0.36% | -0.10% |
| Andhra Pradesh State | 0.23% | 0.18% | -0.05% |
| Gujarat State | 0.23% | 0.18% | -0.05% |
| Karnataka State | 0.07% | 0.05% | -0.02% |
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 | ₹6,273 Cr | 0.42% | 6.2% | 6.9% | 7.0% |
 ICICI Prudential Ultra Short to Short Term Fund | ₹21,047 Cr | 0.53% | 6.2% | 7.0% | 7.1% |
 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 aims to generate income & capital appreciation through a portfolio constituted of debt & money market instruments with relatively lower interest rate risk.
Fund managers
- Akhil MittalMr. Mittal is B.Com (H) and MBA from University Business School.Prior to joining Tata AMC, he has worked with Canara Robeco AMC, Principal Asset Management Company, Edelweiss Securities Ltd. and Rallis India Ltd.
- 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,
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 months3.39% absolute | ₹60,000 | ₹62,034 | 3.39% | |
| 1 year5.98% annualised | ₹1,20,000 | ₹1,23,959 | 3.30% | |
| 3 years6.90% annualised | ₹3,60,000 | ₹4,00,994 | 11.39% | |
| 5 years6.15% annualised | ₹6,00,000 | ₹7,03,986 | 17.33% |
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 to Short Term Fund?
The NAV of Tata Ultra Short to Short Term Fund is ₹4,229.40 as on 25 Sep 2026.
What is the expense ratio of Tata Ultra Short to Short Term Fund?
The expense ratio of Tata Ultra Short to Short Term Fund is 0.57% per year.
What is the minimum SIP amount for Tata Ultra Short to Short Term Fund?
You can start a SIP in Tata Ultra Short to Short Term Fund with ₹3,000 a month.
What returns has Tata Ultra Short to Short Term Fund given?
Tata Ultra Short to Short Term Fund has returned 6.2% over 1 year, 6.7% over 3 years and 6.7% over 5 years (annualised).
Is there a lock-in or exit load on Tata Ultra Short to Short Term Fund?
Lock-in: None. Exit load: For investment less than Rs 5 lakhs, entry load of 0.50% and exit load of 0.50% if redeemed within 30 days..
How risky is Tata Ultra Short to Short Term Fund?
Tata Ultra Short to Short Term Fund is rated Low to Moderate on the SEBI riskometer and belongs to the Low Duration category.
Which fund house manages Tata Ultra Short to Short Term Fund?
Tata Ultra Short to Short Term Fund is managed by Tata Mutual Fund, which runs 61 schemes with ₹2,31,388 Cr under management.