Bandhan Ultra Short Duration Fund Direct Growth

Bandhan Ultra Short Duration Fund Direct Growth

Debt

Bandhan Mutual Fund

Ultra Short Duration

Get the latest NAV of Bandhan Ultra Short Duration Fund Direct Growth. View historical returns compared to its benchmark and category average. Know which stocks and sectors the fund is investing in. Get an estimate of returns from the SIP and lump sum returns calculator. View detailed holding analysis and peer comparison. Get INDmoney ranking of the fund.

₹15.60

NAV as on 12 Sep 2025

6.42%/per year

Since Inception

Absolute Gain%

▲▼

94 people have invested ₹ 63L in Bandhan Ultra Short Duration Fund Direct Growth in the last three months

Bandhan Ultra Short Duration Fund Performance vs. Ultra Short Duration Index

Fund returns vs Benchmark returns vs Category Average returns as on (12-Sep-25)

The fund has outperformed the benchmark (Ultra Short Duration Index) over 1Y, 3Y, but underperformed over 5Y.

Period
1M
3M
6M
1Y
3Y
5Y
This Fund
0.45%
1.49%
3.79%
7.52%
7.28%
5.86%
Ultra Short Duration Index
0.42%
1.39%
3.43%
6.44%
6.13%
6.84%
Ultra Short Duration Avg
0.43%
1.38%
3.64%
7.13%
6.81%
5.62%
Best in Ultra Short Duration
0.6%
1.67%
4.18%
8.14%
7.67%
7.48%
Worst in Ultra Short Duration
0.42%
1.45%
3.33%
6.53%
6.44%
5.2%
Category Rank
7/17
12/17
12/17
9/16
12/15
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Bandhan Ultra Short Duration Fund Ranking and Peer Comparison

Ranked based on performance, risk management and cost efficiency

16
/17
53% Performance
32% Risk Management
52% Cost

Ranked 16 out of 17 mutual funds in the ultra short duration category as per INDmoney.

Fund Name
INDmoney Rank
AUM (in Crs.)
Expense Ratio
1Y Returns
3Y Returns
3Y Alpha
3Y Beta
3Y Sharpe
3Y Sortino
3Y Info Ratio
Bandhan Ultra Short Duration Fund
16/17
4,217Cr
0.27%
7.52%
7.28%
-0.35
3.28
1.95
4.99
1.31
ICICI Prudential Ultra Short Term Fund Direct Growth
1/17
17,077Cr
0.39%
7.85%
7.55%
-0.11
3.32
2.71
12.75
2.35
Tata Ultra Short Term Fund Direct Growth
2/17
4,945Cr
0.28%
7.87%
7.54%
-0.02
2.92
2.92
13.04
2.52
Axis Ultra Short Duration Fund Direct Growth
3/17
6,764Cr
0.38%
7.84%
7.58%
-0.05
3.22
2.98
13.89
2.69
See all

Bandhan Ultra Short Duration Fund Returns Calculator

Calculate SIP and lumpsum returns based on historical performance

  • 1-time

  • SIP

Total Investment

0

Profit

Total Corpus

0

Absolute Return
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Bandhan Ultra Short Duration Fund Asset Allocation

See fund asset allocation details as on (14-Sep-25)

Fund Distribution

as on (14-Sep-25)

AAA
96.6%
AA
3.4%
Debt allocation has gone down from 53.7% to 52.2%
Debt allocation has gone down from 53.7% to 52.2%
Cash allocation has gone up from 46% to 47.5%
Cash allocation has gone up from 46% to 47.5%

Bandhan Ultra Short Duration Fund Sector Allocation

See fund sector allocation details as on (14-Sep-25)

Sector Allocation

Corporate
54.5%
Cash Equivalent
24%
Government
21.5%

Top 2 Sectors in August were Corporate, Government

Aug'25

Corporate

47%

Government

17%

Jul'25

Corporate

49%

Government

16%

Bandhan Ultra Short Duration Fund Direct Growth Overview

Get key fund statistics, minimum investment details, AUM, expense ratio, exit load, and tax treatment.

Expense ratio0.27%
Benchmark
NIFTY Ultra Short Duration Debt TR INR
AUM₹4217 Cr
Inception Date18 July, 2018
Min Lumpsum/SIP₹100/₹100
Exit Load0%
Lock InNo Lock-in
TurnOver
422.98%
Risk
Risk meter
pointer
Low to Moderate Risk

About Bandhan Ultra Short Duration Fund

Bandhan Ultra Short Duration Fund Direct Growth is a debt fund. This fund was started on 18 July, 2018. The fund is managed by Harshal Joshi, Brijesh Shah. This fund is suitable to keep your money safe.

Key Parameters

  1. Bandhan Ultra Short Duration Fund Direct Growth has ₹4217 Cr worth of assets under management (AUM) as on Sep 2025 and is more than category average.
  2. The fund has an expense ratio 0.3.

Returns

Bandhan Ultra Short Duration Fund Direct Growth has given a CAGR return of 6.42% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 7.52%, 7.28% and 5.86% respectively.

Holdings

Bandhan Ultra Short Duration Fund Direct Growth has allocated its funds majorly in Corporate, Cash Equivalent, Government. Its top holdings are National Bank For Agriculture And Rural Development, Bajaj Finance Limited, Bajaj Housing Finance Limited, Export-Import Bank Of India, Small Industries Development Bank Of India

Taxation

As it is a ultra short duration mutual fund the taxation is as follows:
If the fund is debt oriented i.e. asset allocation of more than 65% in debt instruments:
Invested before 1 April 2023 and held for less than 24 months, STCG will be taxed at your income slab rate.
Invested before 1 April 2023 and held for more than 24 months, LTCG will be taxed at 12.5%.
Invested after 1 April 2023, capital gains will be taxed at your income slab rate.
Dividends will always be taxed at slab rate.

Investment objective of Bandhan Ultra Short Duration Fund Direct Growth

The Scheme seeks to offer an investment avenue for short term savings by looking to generate stable returns with a low risk strategy from a portfolio that is invested in debt and money market securities such that the Macaulay duration of the portfolio is between 3 to 6 months.

Minimum Investment and lockin period

Minimum investment for lump sum payment is INR 100.00 and for SIP is INR 100.00. Bandhan Ultra Short Duration Fund Direct Growth has no lock in period.

Fund Manager

Harshal Joshi

Fund Manager of Bandhan Ultra Short Duration Fund Direct Growth, since 18 July 2018

Brijesh Shah

Fund Manager of Bandhan Ultra Short Duration Fund Direct Growth, since 10 June 2024

Learn more about Bandhan Mutual Fund
Parameters
Aug'25
Jul'25
Jun'25
AUM
₹ 4.2K Cr
₹ 4.4K Cr
₹ 4.5K Cr
  • AUM of the fund stands at 4.2K Cr as of Aug'25
  • AUM decreased by 136.8 Cr between Aug'25 and Jul'25

Frequently Asked Questions for Bandhan Ultra Short Duration Fund Direct Growth

How do I invest in Bandhan Ultra Short Duration Fund?

INDmoney makes it simple to invest in the Bandhan Ultra Short Duration Fund. To do so, follow the steps below:
  • Download the INDmoney app.
  • Search for ‘Bandhan Ultra Short Duration Fund’.
  • Select whether you want to invest in SIP or lump sum.
  • Enter the amount you wish to invest.
  • Set up payments via bank mandate or UPI.

What is the current NAV of Bandhan Ultra Short Duration Fund?

The NAV of the fund today is ₹15.60. NAV or Net Asset Value is the per unit price of a mutual fund. For example, if the NAV of a fund is ₹10, it means you can get 1000 units of that mutual fund at ₹10,000.

What is the return on the fund?

Bandhan Ultra Short Duration Fund fund has generated a return of 7.52% in 1 year, 7.28% in 3 years, 5.86% in 5 years.

Who is the fund manager of Bandhan Ultra Short Duration Fund?

The fund managers are Harshal Joshi, Brijesh Shah.

What is the expense ratio of the fund?

The expense ratio is 0.27%. The Expense Ratio is a fee charged for managing the fund. This includes commissions, administrative costs etc.

What is the AUM of the fund?

The AUM of the fund is ₹4217 Cr. AUM stands for Assets Under Management. It refers to the total assets managed by the fund.

What are the top holdings of Bandhan Ultra Short Duration Fund?

The top 3 holdings of the fund are National Bank For Agriculture And Rural Development(8.09%), Bajaj Finance Limited(6.3%), Bajaj Housing Finance Limited(5.13%)