Tata Ultra Short to Short Term Fund
Low DurationLow to ModerateOPEN-ENDED
- NAV as on 9 Nov 2026
- ₹4,254.97+0.08%1 day
- Return since launch
- 7.1%
- 52-week range
- ₹4,020.76 — ₹4,251.75
- AUM
- ₹2,665 Cr
Tata Ultra Short to Short Term Fund is a Low Duration debt fund from Tata Mutual Fund with ₹2,665 Cr under management, launched in 2005. Over three years it has returned 6.5% a year, against 6.7% 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 +5.7% 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 | 5.9% | +0.4 pts | 5.4% | 5.6% |
| 2Y | 6.1% | +0.3 pts | 5.9% | 6.0% |
| 3Y | 6.5% | −0.2 pts | 6.7% | 6.3% |
| 5Y | 6.6% | +0.5 pts | 6.1% | 6.5% |
| 7Y | 6.3% | 0.0 pts | 6.2% | 6.1% |
| 10Y | 6.0% | −0.2 pts | 6.2% | 6.1% |
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1M | 0.3% | 0.0 pts | 0.3% | 0.3% |
| 3M | 1.1% | +0.1 pts | 1.1% | 1.1% |
| 6M | 3.1% | +0.2 pts | 2.9% | 3.0% |
| 1Y | 5.8% | +0.3 pts | 5.4% | 5.5% |
| 2Y | 6.5% | +0.2 pts | 6.4% | 6.4% |
| 3Y | 6.8% | +0.1 pts | 6.7% | 6.7% |
| 5Y | 6.2% | +0.1 pts | 6.1% | 6.1% |
| 7Y | 6.0% | −0.1 pts | 6.2% | 5.9% |
| 10Y | 5.9% | −0.3 pts | 6.2% | 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 6 Nov 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 | 1.09 | — | How hard the fund moves when the market moves. Under 1 is steadier than the market. |
| Sharpe | 1.53 | 1.87 | Return earned for each unit of total risk taken. Higher is better. |
| Sortino | 2.11 | 2.58 | Return earned for each unit of downside risk. Higher is better. |
| Std. deviation | 0.67 | 0.70 | 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 30 Sep 2026
Asset allocation
- Debt97.9%
- Other2.1%
Top holdings
| Holding | Sector | Weight | Value | 3M chg | 6M chg | 1Y chg |
|---|---|---|---|---|---|---|
| National Bank For Agriculture & Rural Development | Financial | 5.50% | ₹150 Cr | +11.62% | +4.08% | +2.42% |
| HDFC Bank Ltd. | Financial | 5.43% | ₹148 Cr | +4.75% | +3.88% | +1.66% |
| Kotak Mahindra Bank Ltd. | Financial | 4.52% | ₹123 Cr | — | — | — |
| DLF Cyber City Developers Ltd. | Construction | 4.50% | ₹123 Cr | +6.03% | +5.01% | — |
| Indian Bank | Financial | 3.60% | ₹98.15 Cr | +2.35% | +1.92% | +1.66% |
| Union Bank of India | Financial | 3.56% | ₹97.06 Cr | +4.65% | — | — |
| Kerala State | Others | 3.51% | ₹95.68 Cr | +4.69% | +3.92% | +3.32% |
| Adani Power Ltd. | Energy | 2.74% | ₹74.69 Cr | +3.17% | +3.03% | — |
| Mindspace Business Parks REIT | Construction | 2.74% | ₹74.77 Cr | — | — | +1.71% |
| Bajaj Finance Ltd. | Financial | 2.71% | ₹73.73 Cr | +2.38% | +1.94% | +6.86% |
| Small Industries Devp. Bank of India Ltd. | Financial | 2.67% | ₹72.98 Cr | +2.34% | +3.90% | +10.00% |
| Others | Others | 2.66% | ₹72.76 Cr | +1.50% | +1.23% | +0.93% |
| Liquid Gold Series 7 | Others | 2.47% | ₹67.30 Cr | +3.83% | +3.79% | — |
| Tamilnadu State | Others | 2.43% | ₹66.31 Cr | — | +0.06% | +0.05% |
| Piramal Finance Ltd. | Financial | 2.39% | ₹65.21 Cr | — | — | — |
| Liquid Gold Series | Financial | 2.35% | ₹63.99 Cr | — | — | — |
| Torrent Pharmaceuticals Ltd. | Healthcare | 2.18% | ₹59.55 Cr | +2.91% | — | — |
| Vedanta Ltd. | Metals & Mining | 1.83% | ₹50.04 Cr | — | — | — |
| Bharti Telecom Ltd. | Communication | 1.82% | ₹49.56 Cr | — | — | +0.87% |
| Muthoot Finance Ltd. | Financial | 1.82% | ₹49.65 Cr | +0.74% | +0.62% | — |
| Sundaram Finance Ltd. | Financial | 1.82% | ₹49.55 Cr | — | — | — |
| Axis Bank Ltd. | Financial | 1.80% | ₹49.05 Cr | +2.35% | +2.00% | +1.63% |
| Canara Bank | Financial | 1.79% | ₹48.79 Cr | +2.41% | — | +0.84% |
| Punjab National Bank | Financial | 1.79% | ₹48.86 Cr | — | +3.93% | +4.23% |
| ICICI Bank Ltd. | Financial | 1.78% | ₹48.47 Cr | — | — | — |
| Toyota Financial Services Ltd. | Financial | 1.78% | ₹48.63 Cr | — | +0.61% | — |
| Nexus Select Trust | Construction | 1.65% | ₹45.06 Cr | +2.21% | +1.84% | — |
| Godrej Properties Ltd. | Construction | 1.47% | ₹40.10 Cr | +1.71% | — | — |
| Mahindra Rural Housing Finance Ltd. | Financial | 1.09% | ₹29.77 Cr | +1.45% | +1.21% | — |
| Bank Of Baroda | Financial | 0.91% | ₹24.77 Cr | — | — | +4.23% |
| Knowledge Realty Trust | Construction | 0.91% | ₹24.70 Cr | +1.22% | +2.01% | — |
| Reserve Bank of India | Financial | 0.91% | ₹24.85 Cr | +1.21% | — | +2.52% |
| Bajaj Housing Finance Ltd. | Financial | 0.90% | ₹24.64 Cr | — | — | — |
| Haryana State | Others | 0.74% | ₹20.19 Cr | +0.99% | +0.83% | +0.70% |
| Madhya Pradesh State | Others | 0.56% | ₹15.30 Cr | +0.75% | +0.63% | +0.54% |
| Credila Financial Services Ltd. | Financial | 0.37% | ₹10.01 Cr | +1.95% | — | — |
| India Universal Trust AL1 | Others | 0.35% | ₹9.68 Cr | +0.82% | +0.10% | +0.35% |
| Gujarat State | Construction | 0.19% | ₹5.10 Cr | +0.25% | +0.21% | +0.18% |
| Andhra Pradesh State | Financial | 0.18% | ₹5.03 Cr | +0.25% | +1.70% | +0.86% |
| Can Fin Homes Ltd. | Financial | 0.18% | ₹5.00 Cr | +1.71% | +2.04% | — |
| Karnataka State | Others | 0.06% | ₹1.54 Cr | +0.08% | +0.06% | +0.05% |
Sectors
Instruments
Recent changes
| Holding | From | To | Weight |
|---|---|---|---|
| HDFC Bank Ltd. | 1.68% | 5.43% | +3.75% |
| Kotak Mahindra Bank Ltd. | 0.85% | 4.52% | +3.67% |
| company:4975 | 3.44% | 0.00% | -3.44% |
| Small Industries Devp. Bank of India Ltd. | 5.22% | 1.78% | -3.44% |
| company:19777 | 3.43% | 0.00% | -3.43% |
| National Bank For Agriculture & Rural Development | 1.75% | 4.59% | +2.84% |
| company:2089 | 2.44% | 0.00% | -2.44% |
| Tamilnadu State | 0.00% | 2.43% | +2.43% |
| Indian Bank | 1.70% | 3.60% | +1.90% |
| Vedanta Ltd. | 0.00% | 1.83% | +1.83% |
| Bharti Telecom Ltd. | 0.00% | 1.82% | +1.82% |
| Punjab National Bank | 0.00% | 1.79% | +1.79% |
| company:11779 | 1.74% | 0.00% | -1.74% |
| company:7990 | 1.74% | 0.00% | -1.74% |
| company:14725 | 1.72% | 0.00% | -1.72% |
| company:20588 | 1.44% | 0.00% | -1.44% |
| Muthoot Finance Ltd. | 0.52% | 1.82% | +1.30% |
| company:15319 | 1.04% | 0.00% | -1.04% |
| Piramal Finance Ltd. | 1.40% | 2.39% | +0.99% |
| Axis Bank Ltd. | 0.86% | 1.80% | +0.94% |
| Bajaj Finance Ltd. | 1.72% | 0.89% | -0.83% |
| Bajaj Housing Finance Ltd. | 1.72% | 0.90% | -0.82% |
| Adani Power Ltd. | 2.25% | 2.74% | +0.49% |
| DLF Cyber City Developers Ltd. | 4.28% | 4.50% | +0.22% |
| Union Bank of India | 3.36% | 3.56% | +0.20% |
| Kerala State | 3.34% | 3.51% | +0.17% |
| Mindspace Business Parks REIT | 2.61% | 2.74% | +0.13% |
| ICICI Bank Ltd. | 1.68% | 1.78% | +0.10% |
| Sundaram Finance Ltd. | 1.72% | 1.82% | +0.10% |
| Torrent Pharmaceuticals Ltd. | 2.08% | 2.18% | +0.10% |
| Toyota Financial Services Ltd. | 1.68% | 1.78% | +0.10% |
| Liquid Gold Series | 2.26% | 2.35% | +0.09% |
| Nexus Select Trust | 1.57% | 1.65% | +0.08% |
| Liquid Gold Series 7 | 2.40% | 2.47% | +0.07% |
| Godrej Properties Ltd. | 1.40% | 1.47% | +0.07% |
| India Universal Trust AL1 | 0.42% | 0.35% | -0.07% |
| Bank Of Baroda | 0.86% | 0.91% | +0.05% |
| Canara Bank | 1.74% | 1.79% | +0.05% |
| Knowledge Realty Trust | 0.86% | 0.91% | +0.05% |
| Mahindra Rural Housing Finance Ltd. | 1.04% | 1.09% | +0.05% |
| Reserve Bank of India | 0.86% | 0.91% | +0.05% |
| Haryana State | 0.71% | 0.74% | +0.03% |
| Credila Financial Services Ltd. | 0.35% | 0.37% | +0.02% |
| Madhya Pradesh State | 0.54% | 0.56% | +0.02% |
| Others | 0.36% | 0.38% | +0.02% |
| Gujarat State | 0.18% | 0.19% | +0.01% |
| Karnataka State | 0.05% | 0.06% | +0.01% |
| Can Fin Homes Ltd. | 0.17% | 0.18% | +0.01% |
| Andhra Pradesh State | 0.18% | 0.18% | 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 | ₹5,489 Cr | 0.47% | 5.9% | 6.7% | 6.9% |
 ICICI Prudential Ultra Short to Short Term Fund | ₹17,294 Cr | 0.53% | 5.8% | 6.8% | 7.0% |
 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 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 months3.12% absolute | ₹60,000 | ₹61,872 | 3.12% | |
| 1 year5.77% annualised | ₹1,20,000 | ₹1,23,817 | 3.18% | |
| 3 years6.85% annualised | ₹3,60,000 | ₹4,00,677 | 11.30% | |
| 5 years6.20% annualised | ₹6,00,000 | ₹7,04,922 | 17.49% |
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 ₹4,254.97 as on 9 Nov 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 5.9% over 1 year, 6.5% over 3 years and 6.6% 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 62 schemes with ₹2,39,201 Cr under management.