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UTI Ultra Short Term Fund

Ultra Short DurationModerateOPEN-ENDED
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NAV as on 24 Sep 2026
₹4,555.72-0.01%1 day
Return since launch
6.8%
52-week range
₹4,297.50 — ₹4,556.20
AUM
₹3,348 Cr

UTI Ultra Short Term Fund is a Ultra Short Duration debt fund from UTI Mutual Fund with ₹3,348 Cr under management, launched in 2003. Over three years it has returned 6.5% a year, against 6.7% for its category. The expense ratio is 0.99% and the SEBI riskometer reading is Moderate.

Performance

UTI 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 +6.0% against +6.3% for its category.

Performance

Returns

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

Trailing returns
PeriodFundvs categoryCategoryBenchmark
1Y6.3%+0.2 pts6.1%6.5%
2Y6.3%0.0 pts6.3%6.5%
3Y6.5%−0.2 pts6.7%6.7%
5Y6.5%+0.5 pts6.0%6.6%
7Y6.3%+0.3 pts6.1%6.2%
10Y6.0%+0.1 pts5.9%6.2%

Fund against category

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

Since launch (27 Aug 2003): 6.8%

Calendar-year returns

Category average
Show as a table
Calendar-year returns
PeriodFundvs categoryCategory
20256.6%−0.6 pts7.2%
20247.2%−0.5 pts7.6%
20236.7%−0.5 pts7.2%
20224.2%−0.6 pts4.8%
20216.1%+2.0 pts4.1%
20205.3%−0.5 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

0.99%

Expense ratio as on 23 Sep 2026

Charged yearly and already deducted from the NAV.

Base expense
0.87%
Brokerage
0.01%
Transaction charges
0.00%
Statutory levies
0.11%
Exit load
Exit load of 1% if redeemed within 12 months.
Lock-in
None

Terms

Min SIP
₹3,000
Min lumpsum
₹5,000
Plan
GROWTH
Fund type
OPEN-ENDED
Benchmark
NIFTY Ultra Short Duration Debt Index A-I

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.
Sharpe1.972.59Return earned for each unit of total risk taken. Higher is better.
Sortino2.843.78Return 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

UTI Ultra Short Term Fund portfolio

Portfolio as of 31 Aug 2026

Asset allocation

  • Debt95.4%
  • Other4.6%

Top holdings

HoldingSectorWeightValue3M chg6M chg1Y chg
Reserve Bank of IndiaFinancial5.90%₹198 Cr+0.62%+7.48%+2.37%
Export-Import Bank Of IndiaFinancial5.10%₹171 Cr+2.38%+2.38%—
Indian BankFinancial5.09%₹170 Cr+1.19%+1.19%+1.72%
OthersOthers4.99%₹167 Cr+0.98%+0.99%+0.90%
Axis Bank Ltd.Financial4.34%₹145 Cr+1.19%+1.19%+1.13%
Nuvama Wealth Finance Ltd.Financial3.00%₹100 Cr+1.25%+2.52%+2.28%
Kotak Mahindra Bank Ltd.Financial2.93%₹98.07 Cr+4.30%+1.26%+1.15%
HDFC Bank Ltd.Financial2.91%₹97.41 Cr+2.38%+2.39%+1.16%
Godrej Properties Ltd.Construction2.70%₹90.32 Cr+1.25%—+0.59%
Piramal Finance Ltd.Financial2.55%₹85.38 Cr+2.13%+2.17%—

Sectors

  • Financial83.9%
  • Others5.7%
  • Construction4.2%
  • Energy3.4%
  • Services1.5%
  • Healthcare0.7%
  • Metals & Mining0.5%

Instruments

  • Certificate of Deposit53.0%
  • Debenture13.9%
  • Non Convertible Debenture10.7%
  • Commercial Paper6.6%
  • Treasury Bills5.9%
  • Net Current Assets4.6%
  • Bonds/NCDs3.4%
  • State Development Loan1.5%

Recent changes

HoldingFromToWeight
company:57750.00%2.24%+2.24%
Bharti Telecom Ltd.2.19%0.00%-2.19%
Union Bank of India2.16%0.00%-2.16%
Muthoot Fincorp Ltd.2.81%0.71%-2.10%
company:130880.00%1.50%+1.50%
Godrej Industries Ltd.1.45%0.00%-1.45%
company:127270.00%1.41%+1.41%
Mankind Pharma Ltd.0.73%0.00%-0.73%
Birla Group Holdings Pvt. Ltd.0.72%0.00%-0.72%
Piramal Finance Pvt. Ltd.2.18%1.50%-0.69%
Godrej Properties Ltd.2.92%2.70%-0.22%
Reserve Bank of India5.71%5.90%+0.19%
Indian Bank4.92%5.09%+0.17%
Axis Bank Ltd.4.19%4.34%+0.15%
Kotak Mahindra Bank Ltd.2.83%2.93%+0.10%
HDFC Bank Ltd.2.81%2.91%+0.10%
Ujjivan Small Finance Bank Ltd.2.12%2.19%+0.08%
Small Industries Devp. Bank of India Ltd.2.11%2.18%+0.07%
Piramal Finance Ltd.2.48%2.55%+0.07%
Aditya Birla Renewables Ltd.1.89%1.94%+0.05%
Equitas Small Finance Bank Ltd.1.41%1.46%+0.05%
Export-Import Bank Of India1.42%1.47%+0.05%
Canara Bank1.40%1.45%+0.05%
Torrent Power Ltd.1.45%1.49%+0.04%
Hero Housing Finance Ltd.1.45%1.50%+0.04%
360 ONE Wealth Ltd.1.46%1.50%+0.04%
GIC Housing Finance Ltd.1.44%1.48%+0.04%
Aditya Birla Digital Fashion Ventures Ltd.1.45%1.48%+0.03%
Embassy Office Parks REIT0.72%0.75%+0.02%
Eris Lifesciences Ltd.0.73%0.75%+0.02%
Nuvama Wealth Finance Ltd.0.73%0.75%+0.02%
Karnataka State0.73%0.75%+0.02%
Gujarat State0.73%0.75%+0.02%
Others0.38%0.40%+0.01%
Vedanta Ltd - Pref. Shares 7.500.44%0.45%+0.01%
National Bank For Agriculture & Rural Development0.29%0.30%+0.01%

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 reasonable income with low volatility through investment in a portfolio comprising of debt & money market instruments

Fund managers

  • Anurag MittalMr. Mittal is B.Com. (Hons), CA and M.Sc. in Accounting and Finance (specialization in Finance) from London School of Economics & Political Science.Prior to joining UTI Mutual Fund, he worked with IDFC AMC, HDFC AMC ( Sept. 2012 - Oct. 2015), Axis AMC (July 2009 - Sept. 2012), ICICI Prudential Life Insurance Company Ltd. as Credit Research Analyst (2008-2009) and with Bank of America in Corporate Banking (2006-2008).
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 months3.37% absolute₹60,000₹62,0223.37%
1 year6.00% annualised₹1,20,000₹1,23,9723.31%
3 years6.68% annualised₹3,60,000₹3,99,60011.00%
5 years6.33% annualised₹6,00,000₹7,07,36117.89%

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 UTI Ultra Short Term Fund?
The NAV of UTI Ultra Short Term Fund is ₹4,555.72 as on 24 Sep 2026.
What is the expense ratio of UTI Ultra Short Term Fund?
The expense ratio of UTI Ultra Short Term Fund is 0.99% per year.
What is the minimum SIP amount for UTI Ultra Short Term Fund?
You can start a SIP in UTI Ultra Short Term Fund with ₹3,000 a month.
What returns has UTI Ultra Short Term Fund given?
UTI Ultra Short Term Fund has returned 6.3% over 1 year, 6.5% over 3 years and 6.5% over 5 years (annualised).
Is there a lock-in or exit load on UTI Ultra Short Term Fund?
Lock-in: None. Exit load: Exit load of 1% if redeemed within 12 months..
How risky is UTI Ultra Short Term Fund?
UTI Ultra Short Term Fund is rated Moderate on the SEBI riskometer and belongs to the Ultra Short Duration category.
Which fund house manages UTI Ultra Short Term Fund?
UTI Ultra Short Term Fund is managed by UTI Mutual Fund, which runs 66 schemes with ₹3,94,848 Cr under management.