Best Ultra Short Term Fund in India 2026
Compare all 53 Ultra Short Term Fund Direct Growth funds by stability score, returns, expense ratio and risk metrics. Independent analysis by FundMatrix.
53 Funds₹1.5 Lakh Cr Category AUM0.33% Avg TER6.1% Avg 1Y Return
🛡 Top by Stability Score
1HSBC Ultra Short to Short Term Fund792Nippon India Ultra Short Term Fund793Baroda Bnp Paribas Ultra Short To Short Term Fund784Kotak Ultra Short to Short Term Fund755Mirae Asset Ultra Short-Term Fund7553 funds
| Fund Name | AMC | Stability | AUM | TER | 1Y Return | Sharpe | |
|---|---|---|---|---|---|---|---|
ICICI Prudential Ultra Short to Short Term Fund | ICICI Prudential Mutual Fund | 75High | ₹14K Cr | 0.42% | +6.30% | -0.55 | → |
Kotak Ultra Short Term Fund | Kotak Mahindra Mutual Fund | 72High | ₹13K Cr | 0.36% | +6.61% | -0.09 | → |
HDFC Ultra Short Term Fund | HDFC Mutual Fund | 72High | ₹11K Cr | 0.39% | +6.52% | -0.28 | → |
Aditya Birla Sun Life Ultra Short Term Fund | Aditya Birla Sun Life Mutual Fund | 73High | ₹11K Cr | 0.32% | +6.77% | 0.21 | → |
HDFC Ultra Short to Short Term Fund | HDFC Mutual Fund | 72High | ₹10K Cr | 0.46% | +6.18% | -0.68 | → |
SBI Ultra Short to Short Term Fund | SBI Mutual Fund | 71High | ₹9K Cr | 0.44% | +5.89% | -1.31 | → |
ICICI Prudential Ultra Short term Fund | ICICI Prudential Mutual Fund | 74High | ₹9K Cr | 0.41% | +6.76% | 0.22 | → |
Sbi Ultra Short Term Fund | SBI Mutual Fund | 68Moderate | ₹8K Cr | 0.35% | +6.49% | -0.45 | → |
Kotak Ultra Short to Short Term Fund | Kotak Mahindra Mutual Fund | 75High | ₹8K Cr | 0.41% | +6.25% | -0.58 | → |
Nippon India Ultra Short Term Fund | Nippon India Mutual Fund | 79High | ₹7K Cr | 0.34% | +7.11% | 1.00 | → |
Nippon India Ultra Short to Short Term Fund | Nippon India Mutual Fund | 72High | ₹5K Cr | 0.40% | +6.41% | -0.35 | → |
Bandhan Ultra Short To Short Term Fund | Bandhan Mutual Fund | 71High | ₹5K Cr | 0.37% | +5.99% | -1.10 | → |
Tata Ultra Short Term Fund | Tata Mutual Fund | 75High | ₹4K Cr | 0.33% | +7.16% | 1.07 | → |
Aditya Birla Sun Life Ultra short to short term Fund | Aditya Birla Sun Life Mutual Fund | 73High | ₹3K Cr | 0.42% | +6.14% | -0.72 | → |
Axis Ultra Short to Short Term Fund | Axis Mutual Fund | 71High | ₹3K Cr | 0.37% | +6.25% | -0.71 | → |
Bandhan Ultra Short Term Fund | Bandhan Mutual Fund | 70High | ₹3K Cr | 0.30% | +6.51% | -0.42 | → |
DSP Ultra Short to Short Term Fund | DSP Mutual Fund | 71High | ₹3K Cr | 0.31% | +5.90% | -1.09 | → |
Axis Ultra Short Term Fund | Axis Mutual Fund | 71High | ₹3K Cr | 0.36% | +6.78% | 0.18 | → |
DSP Ultra Short Term Fund | DSP Mutual Fund | 74High | ₹3K Cr | 0.30% | +6.79% | 0.26 | → |
Tata Ultra Short to Short Term Fund | Tata Mutual Fund | 70High | ₹2K Cr | 0.27% | +6.38% | -0.44 | → |
UTI Ultra Short Term Fund | UTI Mutual Fund | 72High | ₹2K Cr | 0.40% | +6.77% | 0.27 | → |
LIC MF Ultra Short to Short Term fund | LIC Mutual Fund | 75High | ₹1K Cr | 0.24% | +6.43% | -0.37 | → |
Mirae Asset Ultra Short to Short Term Fund | Mirae Asset Mutual Fund | 74High | ₹1K Cr | 0.22% | +6.32% | -0.49 | → |
Invesco India Ultra Short to Short Term Fund | Invesco Mutual Fund | 70Moderate | ₹1K Cr | 0.35% | +6.00% | -1.03 | → |
Mirae Asset Ultra Short-Term Fund | Mirae Asset Mutual Fund | 75High | ₹1K Cr | 0.21% | +6.80% | 0.26 | → |
Sundaram Ultra Short Term Fund (Formerly Known as Sundaram Ultra Short Duration Fund) | Sundaram Mutual Fund | 75High | ₹1K Cr | 0.23% | +6.68% | 0.05 | → |
Invesco India Ultra Short Term Fund | Invesco Mutual Fund | 72High | ₹912 Cr | 0.28% | +6.87% | 0.45 | → |
UTI Ultra Short to Short Term Fund | UTI Mutual Fund | 71High | ₹823 Cr | 0.33% | +6.17% | -0.74 | → |
Canara Robeco Ultra Short to Short Term Fund | Canara Robeco Mutual Fund | 69Moderate | ₹761 Cr | 0.21% | +6.22% | -0.65 | → |
JioBlackRock Ultra Short to Short Term Fund | Jio BlackRock Mutual Fund | — | ₹704 Cr | 0.33% | — | — | → |
Baroda BNP Paribas Ultra Short Term Fund | Baroda BNP Paribas Mutual Fund | 69Moderate | ₹470 Cr | 0.28% | +6.70% | 0.09 | → |
Bajaj Finserv Ultra Short to Short Term Fund | Bajaj Finserv Mutual Fund | — | ₹423 Cr | 0.23% | — | — | → |
LIC MF Ultra Short Term Fund | LIC Mutual Fund | 70Moderate | ₹414 Cr | 0.25% | +6.87% | 0.48 | → |
Edelweiss Ultra Short Term Fund | Edelweiss Mutual Fund | — | ₹348 Cr | 0.12% | — | — | → |
Edelweiss Ultra Short to Short Term Fund | Edelweiss Mutual Fund | 62Insufficient History | ₹305 Cr | 0.25% | +6.25% | -0.63 | → |
HSBC Ultra Short to Short Term Fund | HSBC Mutual Fund | 79High | ₹287 Cr | 0.40% | +6.26% | -0.59 | → |
Canara Robeco Ultra Short Term Fund | Canara Robeco Mutual Fund | 71High | ₹221 Cr | 0.36% | +6.62% | -0.09 | → |
Union Ultra Short to Short Term Fund | Union Mutual Fund | 69Insufficient History | ₹188 Cr | 0.26% | +5.76% | -1.26 | → |
Sundaram Ultra Short to Short Term Fund (Formerly Known as Sundaram Low Duration Fund) | Sundaram Mutual Fund | 74High | ₹182 Cr | 0.40% | +6.01% | -1.01 | → |
Motilal Oswal Ultra Short Term Fund | Motilal Oswal Mutual Fund | 70Moderate | ₹162 Cr | 0.58% | +6.30% | -0.97 | → |
Baroda Bnp Paribas Ultra Short To Short Term Fund | Baroda BNP Paribas Mutual Fund | 78High | ₹154 Cr | 0.29% | +6.35% | -0.48 | → |
JM Ultra Short to Short Term Fund | JM Financial Mutual Fund | 72High | ₹104 Cr | 0.40% | +6.17% | -0.78 | → |
WhiteOak Capital Ultra Short Term Fund | WhiteOak Capital Mutual Fund | 73High | ₹98 Cr | 0.27% | +6.50% | -0.38 | → |
PGIM India Ultra Short Term Fund | PGIM India Mutual Fund | 75High | ₹83 Cr | 0.34% | +6.40% | -0.62 | → |
Mahindra Manulife Ultra Short to Short Term Fund | Mahindra Manulife Mutual Fund | 72High | ₹78 Cr | 0.35% | +6.36% | -0.46 | → |
Franklin India Ultra Short to Short Term Fund | Franklin Templeton Mutual Fund | 70Insufficient History | ₹75 Cr | 0.27% | +6.53% | -0.22 | → |
Mahindra Manulife Ultra Short Term Fund | Mahindra Manulife Mutual Fund | 74High | ₹69 Cr | 0.31% | +6.75% | 0.19 | → |
Bank Of India Ultra Short Term Fund | Bank of India Mutual Fund | 65Moderate | ₹47 Cr | 0.45% | +6.57% | -0.19 | → |
ITI Ultra Short Term Fund | ITI Mutual Fund | 67Moderate | ₹45 Cr | 0.21% | +6.58% | -0.21 | → |
Franklin India Ultra Short Term Fund | Franklin Templeton Mutual Fund | 75Insufficient History | ₹44 Cr | 0.29% | +6.67% | 0.02 | → |
Motilal Oswal Ultra Short Term Fund | Motilal Oswal Mutual Fund | 65Moderate | ₹0 Cr | — | -0.00% | -7.32 | → |
Motilal Oswal Ultra Short Term Fund | Motilal Oswal Mutual Fund | 57Moderate | ₹0 Cr | — | -0.05% | -57.43 | → |
Motilal Oswal Ultra Short Term Fund | Motilal Oswal Mutual Fund | 59Moderate | — | — | -0.15% | -4.61 | → |
Direct Growth plans only · Data from AMFI India · Stability Score is a FundMatrix proprietary metric · Not investment advice