Based on 1-year returns, the top performing Ultra Short to Short Term funds are ICICI Prudential Ultra Short to Short Term Fund Direct-Growth with 6.66% return, Nippon India Ultra Short to Short Term Fund Direct-Growth with 6.66% return, and Franklin India Ultra Short to Short Term Fund Direct-Growth with 6.64% return. The category average 1-year return is 6.47%.
Best Ultra Short to Short Term Mutual Funds 2026
Total Schemes
35
No. of schemes
Total AUM
₹ 1.18Lakh Cr
As on latest
Category Return (5Y)
6.68 %
CAGR
Benchmark Data
NA
This category currently has no benchmark assigned.
Category Returns (%)
| Period | 1M | 6M | 1Y | 3Y CAGR | 5Y CAGR | 10Y CAGR | YTD |
|---|---|---|---|---|---|---|---|
Ultra Short to Short Term | 0.58 % | 3.44 % | 6.47 % | 7.36 % | 6.68 % | 6.32 % | 4.41 % |
Benchmark Not Available No benchmark assigned | - | - | - | - | - | - | - |
Ultra Short to Short Term vs Other Categories
5Y CAGR Return Comparison
Key Insights
Ultra Short to Short Term delivered 6.68% CAGR over the last 5 years.
It ranks #5 out of 18 categories based on 5Y performance.
Above the category average return of 6.49%.
4 categories outperform it, while 13 categories have lower returns.
Top performer: Credit Risk (10.54%).
Lowest performer: Long Term (5.63%).
Let's have a closer look
Now let us jump and check about these top 15 mutual fund schemes.
ICICI Prudential Ultra Short to Short Term Fund Direct-Growth
Fund Performance: ICICI Prudential Ultra Short to Short Term Fund Direct-Growth has given 7.52% annualized returns in the past three years and 6.70% in the last 5 years. The ICICI Prudential Ultra Short to Short Term Fund Direct-Growth comes under the Debt category of ICICI Prudential Mutual Fund.
Minimum Investment Amount: The minimum amount required to invest in ICICI Prudential Ultra Short to Short Term Fund Direct-Growth via lump sum is ₹ 100.00 and via SIP is ₹ 100.00.
Min Investment Amt
₹ 100.00
AUM
₹ 21,047.20Cr
1Y Returns
6.66%
Expense Ratio
0.42%
HDFC Ultra Short to Short Term Fund Direct-Growth
Fund Performance: HDFC Ultra Short to Short Term Fund Direct-Growth has given 7.50% annualized returns in the past three years and 6.75% in the last 5 years. The HDFC Ultra Short to Short Term Fund Direct-Growth comes under the Debt category of HDFC Mutual Fund.
Minimum Investment Amount: The minimum amount required to invest in HDFC Ultra Short to Short Term Fund Direct-Growth via lump sum is ₹ 100.00 and via SIP is ₹ 100.00.
Min Investment Amt
₹ 100.00
AUM
₹ 17,793.00Cr
1Y Returns
6.55%
Expense Ratio
0.46%
Kotak Ultra Short to Short Term Fund Direct-Growth
Fund Performance: Kotak Ultra Short to Short Term Fund Direct-Growth has given 7.56% annualized returns in the past three years and 6.74% in the last 5 years. The Kotak Ultra Short to Short Term Fund Direct-Growth comes under the Debt category of Kotak Mahindra Mutual Fund.
Minimum Investment Amount: The minimum amount required to invest in Kotak Ultra Short to Short Term Fund Direct-Growth via lump sum is ₹ 100.00 and via SIP is ₹ 100.00.
Min Investment Amt
₹ 100.00
AUM
₹ 12,093.30Cr
1Y Returns
6.61%
Expense Ratio
0.41%
SBI Ultra Short to Short Term Fund Direct-Growth
Fund Performance: SBI Ultra Short to Short Term Fund Direct-Growth has given 7.29% annualized returns in the past three years and 6.52% in the last 5 years. The SBI Ultra Short to Short Term Fund Direct-Growth comes under the Debt category of SBI Mutual Fund.
Minimum Investment Amount: The minimum amount required to invest in SBI Ultra Short to Short Term Fund Direct-Growth via lump sum is ₹ 5,000.00 and via SIP is ₹ 500.00.
Min Investment Amt
₹ 5,000.00
AUM
₹ 11,621.90Cr
1Y Returns
6.22%
Expense Ratio
0.44%
Aditya Birla Sun Life Ultra Short to Short Term Fund Direct-Growth
Fund Performance: Aditya Birla Sun Life Ultra Short to Short Term Fund Direct-Growth has given 7.44% annualized returns in the past three years and 6.77% in the last 5 years. The Aditya Birla Sun Life Ultra Short to Short Term Fund Direct-Growth comes under the Debt category of Aditya Birla Sun Life Mutual Fund.
Minimum Investment Amount: The minimum amount required to invest in Aditya Birla Sun Life Ultra Short to Short Term Fund Direct-Growth via lump sum is ₹ 100.00 and via SIP is ₹ 500.00.
Min Investment Amt
₹ 100.00
AUM
₹ 9,726.79Cr
1Y Returns
6.46%
Expense Ratio
0.42%
Nippon India Ultra Short to Short Term Fund Direct-Growth
Fund Performance: Nippon India Ultra Short to Short Term Fund Direct-Growth has given 7.52% annualized returns in the past three years and 6.75% in the last 5 years. The Nippon India Ultra Short to Short Term Fund Direct-Growth comes under the Debt category of Nippon India Mutual Fund.
Minimum Investment Amount: The minimum amount required to invest in Nippon India Ultra Short to Short Term Fund Direct-Growth via lump sum is ₹ 500.00 and via SIP is ₹ 100.00.
Min Investment Amt
₹ 500.00
AUM
₹ 7,933.34Cr
1Y Returns
6.66%
Expense Ratio
0.40%
Bandhan Ultra Short to Short Term Fund Direct-Growth
Fund Performance: Bandhan Ultra Short to Short Term Fund Direct-Growth has given 7.19% annualized returns in the past three years and 6.37% in the last 5 years. The Bandhan Ultra Short to Short Term Fund Direct-Growth comes under the Debt category of Bandhan Mutual Fund.
Minimum Investment Amount: The minimum amount required to invest in Bandhan Ultra Short to Short Term Fund Direct-Growth via lump sum is ₹ 100.00 and via SIP is ₹ 100.00.
Min Investment Amt
₹ 100.00
AUM
₹ 6,583.25Cr
1Y Returns
6.33%
Expense Ratio
0.36%
DSP Ultra Short to Short Term Fund Direct-Growth
Fund Performance: DSP Ultra Short to Short Term Fund Direct-Growth has given 7.21% annualized returns in the past three years and 6.43% in the last 5 years. The DSP Ultra Short to Short Term Fund Direct-Growth comes under the Debt category of DSP Mutual Fund.
Minimum Investment Amount: The minimum amount required to invest in DSP Ultra Short to Short Term Fund Direct-Growth via lump sum is ₹ 100.00 and via SIP is ₹ 100.00.
Min Investment Amt
₹ 100.00
AUM
₹ 4,750.25Cr
1Y Returns
6.28%
Expense Ratio
0.31%
Axis Ultra Short to Short Term Fund Direct-Growth
Fund Performance: Axis Ultra Short to Short Term Fund Direct-Growth has given 7.49% annualized returns in the past three years and 6.69% in the last 5 years. The Axis Ultra Short to Short Term Fund Direct-Growth comes under the Debt category of Axis Mutual Fund.
Minimum Investment Amount: The minimum amount required to invest in Axis Ultra Short to Short Term Fund Direct-Growth via lump sum is ₹ 100.00 and via SIP is ₹ 100.00.
Min Investment Amt
₹ 100.00
AUM
₹ 4,557.64Cr
1Y Returns
6.58%
Expense Ratio
0.37%
Tata Ultra Short to Short Term Fund Direct-Growth
Fund Performance: Tata Ultra Short to Short Term Fund Direct-Growth has given 7.36% annualized returns in the past three years and 6.51% in the last 5 years. The Tata Ultra Short to Short Term Fund Direct-Growth comes under the Debt category of Tata Mutual Fund.
Minimum Investment Amount: The minimum amount required to invest in Tata Ultra Short to Short Term Fund Direct-Growth via lump sum is ₹ 5,000.00 and via SIP is ₹ 500.00.
Min Investment Amt
₹ 5,000.00
AUM
₹ 2,870.93Cr
1Y Returns
6.60%
Expense Ratio
0.27%
UTI Ultra Short to Short Term Fund Direct-Growth
Fund Performance: UTI Ultra Short to Short Term Fund Direct-Growth has given 7.31% annualized returns in the past three years and 7.53% in the last 5 years. The UTI Ultra Short to Short Term Fund Direct-Growth comes under the Debt category of UTI Mutual Fund.
Minimum Investment Amount: The minimum amount required to invest in UTI Ultra Short to Short Term Fund Direct-Growth via lump sum is ₹ 500.00 and via SIP is ₹ 500.00.
Min Investment Amt
₹ 500.00
AUM
₹ 2,386.33Cr
1Y Returns
6.45%
Expense Ratio
0.37%
Mirae Asset Ultra Short to Short Term Fund Direct-Growth
Fund Performance: Mirae Asset Ultra Short to Short Term Fund Direct-Growth has given 7.52% annualized returns in the past three years and 6.62% in the last 5 years. The Mirae Asset Ultra Short to Short Term Fund Direct-Growth comes under the Debt category of Mirae Asset Mutual Fund.
Minimum Investment Amount: The minimum amount required to invest in Mirae Asset Ultra Short to Short Term Fund Direct-Growth via lump sum is ₹ 5,000.00 and via SIP is ₹ 99.00.
Min Investment Amt
₹ 5,000.00
AUM
₹ 2,043.68Cr
1Y Returns
6.62%
Expense Ratio
0.22%
LIC MF Ultra Short to Short Term Fund Direct-Growth
Fund Performance: LIC MF Ultra Short to Short Term Fund Direct-Growth has given 7.40% annualized returns in the past three years and 6.53% in the last 5 years. The LIC MF Ultra Short to Short Term Fund Direct-Growth comes under the Debt category of LIC Mutual Fund.
Minimum Investment Amount: The minimum amount required to invest in LIC MF Ultra Short to Short Term Fund Direct-Growth via lump sum is ₹ 5,000.00 and via SIP is ₹ 200.00.
Min Investment Amt
₹ 5,000.00
AUM
₹ 2,009.91Cr
1Y Returns
6.62%
Expense Ratio
0.24%
Invesco India Ultra Short to Short Term Fund Direct-Growth
Fund Performance: Invesco India Ultra Short to Short Term Fund Direct-Growth has given 7.21% annualized returns in the past three years and 6.39% in the last 5 years. The Invesco India Ultra Short to Short Term Fund Direct-Growth comes under the Debt category of Invesco Mutual Fund.
Minimum Investment Amount: The minimum amount required to invest in Invesco India Ultra Short to Short Term Fund Direct-Growth via lump sum is ₹ 1,000.00 and via SIP is ₹ 100.00.
Min Investment Amt
₹ 1,000.00
AUM
₹ 1,833.15Cr
1Y Returns
6.28%
Expense Ratio
0.35%
Aditya Birla Sun Life CRISIL-IBX Financial Services 9-12 Months Debt Index Fund Direct-Growth
Fund Performance: The Aditya Birla Sun Life CRISIL-IBX Financial Services 9-12 Months Debt Index Fund Direct-Growth comes under the Debt category of Aditya Birla Sun Life Mutual Fund.
Minimum Investment Amount: The minimum amount required to invest in Aditya Birla Sun Life CRISIL-IBX Financial Services 9-12 Months Debt Index Fund Direct-Growth via lump sum is ₹ 1,000.00 and via SIP is ₹ 1,000.00.
Min Investment Amt
₹ 1,000.00
AUM
₹ 1,228.13Cr
1Y Returns
6.53%
Expense Ratio
0.16%
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