Best Ultra Short Term Fund in India 2026
Compare all 27 Ultra Short Term Fund Direct Growth funds by stability score, returns, expense ratio and risk metrics. Independent analysis by FundMatrix.
27 Funds₹59K Cr Category AUM0.32% Avg TER2.7% Avg 1Y Return
🛡 Top by Stability Score
1Franklin India Ultra Short Bond Fund - Super Institutional762Franklin India Ultra Short Duration Fund763Nippon India Ultra Short Duration Fund754Tata Ultra Short Term Fund745UTI Ultra Short Duration Fund7427 funds
| Fund Name | AMC | Stability | AUM | TER | 1Y Return | Sharpe | |
|---|---|---|---|---|---|---|---|
HDFC Ultra Short Term Fund | HDFC Mutual Fund | 71High | ₹11K Cr | 0.39% | +6.55% | -0.30 | → |
Sbi Ultra Short Duration Fund | SBI Mutual Fund | 69Moderate | ₹9K Cr | 0.35% | +6.45% | -0.54 | → |
ICICI Prudential Ultra Short Term Fund | ICICI Prudential Mutual Fund | 73High | ₹8K Cr | 0.41% | +6.87% | 0.35 | → |
Nippon India Ultra Short Duration Fund | Nippon India Mutual Fund | 75High | ₹7K Cr | 0.34% | +7.13% | 0.94 | → |
Bandhan Ultra Short Duration Fund | Bandhan Mutual Fund | 70High | ₹4K Cr | 0.29% | +6.50% | -0.45 | → |
Tata Ultra Short Term Fund | Tata Mutual Fund | 74High | ₹4K Cr | 0.32% | +7.10% | 0.89 | → |
Axis Ultra Short Duration Fund | Axis Mutual Fund | 72High | ₹3K Cr | 0.36% | +6.76% | 0.16 | → |
HSBC Ultra Short Duration Fund | HSBC Mutual Fund | 71High | ₹3K Cr | 0.18% | +6.63% | -0.15 | → |
Franklin India Ultra Short Bond Fund - Super Institutional | Franklin Templeton Mutual Fund | 76Insufficient History | ₹3K Cr | — | +11.03% | 2.35 | → |
DSP Ultra Short Fund | DSP Mutual Fund | 72High | ₹2K Cr | 0.30% | +6.82% | 0.26 | → |
UTI Ultra Short Duration Fund | UTI Mutual Fund | 74High | ₹2K Cr | 0.35% | +6.76% | 0.15 | → |
Sundaram Ultra Short Duration Fund (Formerly Known as Principal Ultra Short Term Fund) | Sundaram Mutual Fund | 74High | ₹1K Cr | 0.23% | +6.64% | -0.14 | → |
Mirae Asset Ultra Short Duration Fund | Mirae Asset Mutual Fund | 73High | ₹1K Cr | 0.21% | +6.85% | 0.32 | → |
Invesco India Ultra Short Duration Fund | Invesco Mutual Fund | 70High | ₹806 Cr | 0.28% | +6.83% | 0.30 | → |
Baroda BNP Paribas Ultra Short Duration Fund | Baroda BNP Paribas Mutual Fund | 69Moderate | ₹536 Cr | 0.29% | +6.68% | -0.05 | → |
Canara Robeco Ultra Short Term Fund | Canara Robeco Mutual Fund | 71High | ₹161 Cr | 0.35% | +6.60% | -0.24 | → |
LIC MF Ultra Short Duration Fund | LIC Mutual Fund | 69Moderate | ₹157 Cr | 0.24% | +6.82% | 0.28 | → |
WhiteOak Capital Ultra Short Duration Fund | WhiteOak Capital Mutual Fund | 67Moderate | ₹81 Cr | 0.34% | +6.44% | -0.62 | → |
Franklin India Ultra Short Duration Fund | Franklin Templeton Mutual Fund | 76Insufficient History | ₹70 Cr | 0.28% | +6.71% | 0.03 | → |
ITI Ultra Short Term Fund | ITI Mutual Fund | 69Moderate | ₹60 Cr | 0.21% | +6.63% | -0.17 | → |
Mahindra Manulife Ultra Short Duration Fund | Mahindra Manulife Mutual Fund | 72High | ₹59 Cr | 0.31% | +6.75% | 0.13 | → |
BANK OF INDIA Ultra Short Duration Fund | Bank of India Mutual Fund | 66Moderate | ₹58 Cr | 0.45% | +6.58% | -0.25 | → |
PGIM India Ultra Short Duration Fund | PGIM India Mutual Fund | 73High | ₹58 Cr | 0.35% | +6.41% | -0.71 | → |
Motilal Oswal Ultra Short Term Fund (MOFUSTF) | Motilal Oswal Mutual Fund | 71High | ₹57 Cr | 0.58% | +6.43% | -0.70 | → |
JM Ultra Short Duration Fund - (Direct) | JM Financial Mutual Fund | — | ₹13 Cr | — | +5.95% | -0.13 | → |
Franklin India Ultra Short Bond Fund- Super Institutional Plan-Segregated Portfolio 1- 8.25% Vodafone Idea Ltd-10JUL20 | Franklin Templeton Mutual Fund | — | ₹5 Cr | — | — | — | → |
Nippon India Ultra Short Duration Fund - Segregated Portfolio 1 | Nippon India Mutual Fund | — | ₹4 Cr | — | -100.00% | 0.49 | → |
Direct Growth plans only · Data from AMFI India · Stability Score is a FundMatrix proprietary metric · Not investment advice