SBI Ultra Short Duration Fund

SBI Ultra Short Duration Fund

Debt

SBI Mutual Fund

Ultra Short Duration

Get the latest NAV of SBI Ultra Short Duration Fund. 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.

₹6406.25

NAV as on 18 May 2026

7.16%/per year

Since Inception

Absolute Gain%

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278 people have invested ₹ 2.2Cr in SBI Ultra Short Duration Fund in the last three months

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

Fund returns vs Benchmark returns vs Category Average returns as on (18-May-26)

The fund has consistently outperformed the benchmark (Ultra Short Duration Index) over the last 1Y, 3Y, 5Y time periods.

Period
1M
3M
6M
1Y
3Y
5Y
This Fund
0.2%
1.35%
2.8%
6.23%
7.12%
6.2%
Ultra Short Duration Index
0.2%
1.2%
2.46%
5.44%
5.91%
5.36%
Ultra Short Duration Avg
0.19%
1.2%
2.42%
5.62%
6.61%
5.85%
Best in Ultra Short Duration
0.36%
1.68%
3.18%
6.77%
7.55%
7.53%
Worst in Ultra Short Duration
0.23%
1.4%
2.76%
6.02%
6.44%
5.54%
Category Rank
11/17
12/16
15/17
11/16
9/14
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SBI Ultra Short Duration Fund Ranking and Peer Comparison

Ranked based on performance, risk management and cost efficiency

14
/15
10% Performance
68% Risk Management
19% Cost

Ranked 14 out of 15 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
SBI Ultra Short Duration Fund
14/15
12,553Cr
0.35%
6.23%
7.12%
0.04
0.79
2.43
7.52
-0.88
Axis Ultra Short Duration Fund
1/15
3,958Cr
0.39%
6.52%
7.38%
0.18
0.92
3.03
11.92
1.08
HSBC Ultra Short Duration Fund
2/15
3,118Cr
0.22%
6.23%
7.16%
-0.04
0.93
2.22
5.91
-0.70
ICICI Prudential Ultra Short Term Fund
3/15
15,929Cr
0.34%
6.51%
7.36%
0.18
0.90
2.86
9.45
0.74
See all

SBI 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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SBI Ultra Short Duration Fund Asset Allocation

See fund asset allocation details as on (14-May-26)

Fund Distribution

as on (14-May-26)

AAA
81%
AA
19%
Cash allocation has gone up from 125.6% to 133.9%
Cash allocation has gone up from 125.6% to 133.9%
Debt allocation has gone down from -4.9% to -14.4%
Debt allocation has gone down from -4.9% to -14.4%

SBI Ultra Short Duration Fund Sector Allocation

See fund sector allocation details as on (14-May-26)

Sector Allocation

Corporate
44.6%
Cash Equivalent
38.7%
Government
14.9%
Securitize
1.8%

Top 3 Sectors in April were Financial Services, Corporate & Government

Apr'26

Financial Services

89%

Corporate

34%

Government

12%

Mar'26

Financial Services

89%

Corporate

41%

Government

8%

SBI Ultra Short Duration Fund Overview

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

Expense ratio0.35%
Benchmark
CRISIL Ultra Short Duration Debt TR INR
AUM₹12553 Cr
Inception Date1 January, 2013
Min Lumpsum/SIP₹5,000/₹500
Exit Load0%
Lock InNo Lock-in
TurnOver
232.78%
Risk
Risk meter
pointer
Moderate Risk

About SBI Ultra Short Duration Fund

SBI Ultra Short Duration Fund is a debt fund. This fund was started on 1 January, 2013. The fund is managed by Sudhir Agrawal. This fund is suitable to keep your money safe.

Key Parameters

  1. SBI Ultra Short Duration Fund has ₹12553 Cr worth of assets under management (AUM) as on May 2026 and is more than category average.
  2. The fund has an expense ratio 0.4.

Returns

SBI Ultra Short Duration Fund has given a CAGR return of 7.16% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 6.23%, 7.12% and 6.20% respectively.

Holdings

SBI Ultra Short Duration Fund has allocated its funds majorly in Financial Services, Cash Equivalent, Corporate, Government, Health, Basic Materials, Utilities. Its top holdings are National Bank For Agriculture And Rural Development, HDFC Bank Limited, Kotak Mahindra Bank Limited (Formerly Kotak Mahindra Finance Limited), TATA Communications Limited, HSBC Bank PLC

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 SBI Ultra Short Duration Fund

To provide investors with an opportunity to generate regular income with high degree of liquidity through investments in a portfolio comprising predominantly of debt and money market instruments.

Minimum Investment and lockin period

Minimum investment for lump sum payment is INR 5000.00 and for SIP is INR 500.00. SBI Ultra Short Duration Fund has no lock in period.

Fund Manager

Sudhir Agrawal

Fund Manager of SBI Ultra Short Duration Fund, since 15 May 2025

Learn more about SBI Mutual Fund
Parameters
Apr'26
Mar'26
Feb'26
AUM
₹ 12.6K Cr
₹ 11.8K Cr
₹ 13.7K Cr
  • AUM of the fund stands at 12.6K Cr as of Apr'26
  • AUM increased by 705.9 Cr between Apr'26 and Mar'26

Frequently Asked Questions for SBI Ultra Short Duration Fund

How do I invest in SBI Ultra Short Duration Fund?

INDmoney makes it simple to invest in the SBI Ultra Short Duration Fund. To do so, follow the steps below:
  • Download the INDmoney app.
  • Search for ‘SBI 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 SBI Ultra Short Duration Fund?

The NAV of the fund today is ₹6406.25. 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?

SBI Ultra Short Duration Fund fund has generated a return of 6.23% in 1 year, 7.12% in 3 years, 6.20% in 5 years.

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

The fund managers are Sudhir Agrawal.

What is the expense ratio of the fund?

The expense ratio is 0.35%. 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 ₹12553 Cr. AUM stands for Assets Under Management. It refers to the total assets managed by the fund.

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

The top 3 holdings of the fund are National Bank For Agriculture And Rural Development(6.38%), HDFC Bank Limited(6.37%), Kotak Mahindra Bank Limited (Formerly Kotak Mahindra Finance Limited)(6.01%)