UTI Ultra Short to Short Term Fund
Fund basics
Returns
Returns for this scheme are not computed yet — we need at least three years of published NAV. The NAV above is today's, straight from AMFI.
Regular vs Direct — same portfolio, two prices
The same fund, the same manager, the same shares. The only difference is the distributor commission inside the Regular plan's expense ratio — charged every year, on the whole balance.
| Plan | NAV | 1y | 3y | 5y |
|---|---|---|---|---|
| Regular (this page) | 3,808.1573 | 6.08% | 7.17% | 7.38% |
| Direct | 3,872.9102 | 6.19% | 7.27% | 7.49% |
0.11 percentage points a year separate them over five years. On ₹1,00,000 left for ten years that is ₹205,912 against ₹203,814 — ₹2,098 for holding the same portfolio under a different label.
Everything the NAV says
Computed from 4,677 published NAVs between 24 Apr 2007 and 27 Aug 2026 — 19.3 years of history. Nothing here is an estimate; it is arithmetic on what the fund actually printed.
How it has moved
Return over time (%)
| Fund name | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y | Since launch |
|---|---|---|---|---|---|---|---|---|---|
| UTI Ultra Short to Short Term Fund Regular | 0.46 | 2.11 | 3.07 | 6.18 | 7.17 | 7.38 | 7.06 | 5.94 | 7.16 |
| Ultra Short Duration category median · 40 funds | — | — | — | 5.93 | 6.79 | 6.12 | — | 6.54 | — |
Anything over a year is annualised (CAGR); shorter windows are absolute. The benchmark row is the index fund named below, priced daily by AMFI like every other scheme here. The category row is the median Regular plan in Ultra Short Duration — the middle fund, not a ranking, and a median rather than an average so that one mis-stated scheme cannot move it. As on 25 Aug 2026.
Risk measures
| Fund name | Volatility | Sharpe | Sortino | Beta | Alpha | Max fall |
|---|---|---|---|---|---|---|
| UTI Ultra Short to Short Term Fund Regular | 2.35 | 0.29 | 0.31 | — | — | -12.12 |
Risk measures use a risk-free rate of 6.5% and are stated so they can be checked — a ratio quoted without its risk-free rate cannot be. Beta and alpha need an index, so they are blank for the benchmark row itself.
Risk
| Volatility | Downside volatility | Sharpe | Sortino |
|---|---|---|---|
| 2.4% | 2.2% | 0.29 | 0.31 |
Sharpe and Sortino use a risk-free rate of 6.5%, roughly the 10-year government bond. Both are stated so the figure can be checked — a ratio quoted without its risk-free rate cannot be.
The worst it has been
| Deepest fall | Time to recover | Today, from its peak |
|---|---|---|
| -12.1% | 20 months | At a high |
A drawdown is the fall from a previous high to the low that followed it. It is the number that decides whether somebody stays invested — a fund can have an excellent ten-year return and still have been unbearable to hold in year four.
Every one-year period it has lived through
| Best year | Median year | Worst year | Losing years |
|---|---|---|---|
| 10.1% | 7.9% | -5.5% | 5% |
Rolling returns ask a fairer question than a single five-year figure: not "what did it do from this one start date", but "what happened across every start date". A fund whose worst year is −45% is a different proposition from one whose worst is −8%, even if the averages match.
Calendar years
If you had run a SIP
₹10,000 every month for five years — ₹600,000 invested in all — would be worth ₹715,336 today, an XIRR of 6.97% a year.
XIRR, not CAGR. A SIP's money arrives over sixty months, so most of it has been invested for far less than five years — which is why this figure normally sits below the five-year CAGR above in a rising market, and above it in a falling one. It is the return the investor got, not the return the fund got.
How it compares with its closest peers
The same category, the same plan, the same option — the only comparison that means anything. A Ultra Short Duration Regular Plan Growth scheme against another of exactly the same kind.
| Scheme | Return | Alpha | Beta | Volatility | Sharpe | Max fall |
|---|---|---|---|---|---|---|
| UTI Ultra Short to Short Term Fund UTI Mutual Fund · this scheme | 7.2% | — | — | 2.4% | 0.29 | -12.1% |
| BANDHAN ULTRA SHORT TERM FUND Bandhan Mutual Fund | 7.0% | — | — | 0.5% | 0.91 | -0.9% |
| BANDHAN ULTRA SHORT TO SHORT TERM FUND Bandhan Mutual Fund | 6.9% | — | — | 0.6% | 0.57 | -1.2% |
| BANK OF INDIA ULTRA SHORT TERM FUND Bank of India Mutual Fund | 6.4% | — | — | 0.5% | -0.24 | -0.8% |
| Bajaj Finserv Ultra Short to Short Term Fund Bajaj Finserv Mutual Fund | — | — | — | 0.7% | — | -0.2% |
| DSP Ultra Short Term Fund DSP Mutual Fund | 6.7% | — | — | 0.5% | 0.31 | -1.1% |
| DSP Ultra Short to Short Term Fund DSP Mutual Fund | 6.8% | — | — | 0.9% | 0.35 | -1.5% |
| Edelweiss Ultra Short to Short Term Fund Edelweiss Mutual Fund | — | — | — | 0.6% | -0.65 | -0.2% |
| Franklin India Ultra Short Term Fund Franklin Templeton Mutual Fund | — | — | — | 0.4% | 0.58 | -0.1% |
Alpha and beta are against the category index. Max fall is the deepest peak-to-trough drop in each fund's own history, so a longer-running fund has had more chances to record a bad one. Click a column to sort. This is a sort, not a ranking, and nothing here is a recommendation.
What a Ultra Short Duration scheme is
Portfolio duration of 3 to 6 months.
A step out from liquid funds for slightly more return and slightly more movement. Still short enough that a rate change barely registers.
Who it suits. Money needed in three to six months.
How long money should stay. 3 to 6 months.
Compare this scheme with others →
Questions people ask
What is the NAV of UTI Ultra Short to Short Term Fund — Regular Plan — Growth?
₹3,808.1573 as on 25 Aug 2026, from AMFI's daily NAV file. NAV is declared once each business day after markets close, so the figure here is the most recent one published.
What is the difference between the Direct and Regular plan of UTI Ultra Short to Short Term Fund?
They hold the identical portfolio, run by the same manager. A Regular plan pays a distributor commission out of the fund, inside its expense ratio — commonly 0.5% to 1.2% a year more than Direct. That difference is charged on the whole balance, every year, so it compounds: on ₹1,00,000 held ten years a gap of 1.5 percentage points is roughly ₹1.4 lakh of ending value. Direct is the same fund without the commission.
What does the Growth option mean?
Growth reinvests everything the fund earns back into the NAV. Nothing is paid out, so the NAV rises with returns and you are taxed only when you sell. For anybody who does not need income from the investment, Growth is the simpler and usually the more tax-efficient option.
What kind of scheme is this?
Portfolio duration of 3 to 6 months. A step out from liquid funds for slightly more return and slightly more movement. Still short enough that a rate change barely registers.
How long should money stay in it?
Typically 3 to 6 months. Money needed in three to six months.