HDFC Ultra Short Term Fund Direct Growth

Fund Overview

Fund Size

₹17,328 Cr

Expense Ratio

0.37%

ISIN

INF179KB15Q6

Minimum SIP

₹100

Exit Load

No Charges

Inception Date

25 Sep 2018

About this fund

HDFC Ultra Short Term Fund Direct Growth is a Ultra Short Duration mutual fund schemes offered by HDFC Mutual Fund. This fund has been in existence for 6 years, 11 months and 20 days, having been launched on 25-Sep-18.
As of 12-Sep-25, it has a Net Asset Value (NAV) of ₹15.68, Assets Under Management (AUM) of 17328.44 Crores, and an expense ratio of 0.37%.

HDFC Ultra Short Term Fund Direct Growth has given a CAGR return of 6.67% since inception.
The fund's asset allocation comprises around 0.00% in equities, 53.12% in debts, and 46.61% in cash & cash equivalents.
You can start investing in HDFC Ultra Short Term Fund Direct Growth with a SIP of ₹100 or a Lumpsum investment of ₹100.

Performance against Category Average

In this section, we compare the returns of the scheme with the category average over various periods. Periods for which the fund has outperformed its category average are marked in green, otherwise red.

1 Year

+7.65%

+7.13% (Cat Avg.)

3 Years

+7.42%

+6.81% (Cat Avg.)

5 Years

+6.11%

+5.62% (Cat Avg.)

Since Inception

+6.67%

— (Cat Avg.)

Portfolio Summaryas of 31st August 2025

Debt	₹9,204.22 Cr	53.12%
Others	₹8,124.21 Cr	46.88%

Top Holdings

All Holdings

Equity

Debt & Others

Name	Type	Amount	Holdings
Treasury Bills	Bond - Gov't/Treasury	₹846.1 Cr	4.70%
Power Finance Corporation Limited	Bond - Corporate Bond	₹825.08 Cr	4.58%
Bank of Baroda	Bond - Corporate Bond	₹615.29 Cr	3.42%
Bharti Telecom Limited	Bond - Corporate Bond	₹537.1 Cr	2.98%
Bank of Baroda	Bond - Corporate Bond	₹485.76 Cr	2.70%
Punjab National Bank (18/03/2026)	Cash - CD/Time Deposit	₹459.79 Cr	2.55%
Small Industries Development Bank Of India	Bond - Corporate Bond	₹366 Cr	2.03%
Tata Capital Housing Finance Ltd.	Cash - Commercial Paper	₹333.53 Cr	1.85%
National Bank For Agriculture And Rural Development	Bond - Corporate Bond	₹327.5 Cr	1.82%
India (Republic of)	Bond - Short-term Government Bills	₹295.2 Cr	1.64%
Bank Of Baroda	Cash - CD/Time Deposit	₹295.15 Cr	1.64%
Canara Bank	Cash - CD/Time Deposit	₹291.08 Cr	1.62%
L & T Finance Holdings Limited	Cash - Commercial Paper	₹285.24 Cr	1.58%
Treps - Tri-Party Repo	Cash - Repurchase Agreement	₹258.2 Cr	1.43%
IIFL Finance Limited	Bond - Corporate Bond	₹251.47 Cr	1.40%
IIFL Finance Ltd.	Cash - Commercial Paper	₹240.19 Cr	1.33%
Small Industries Development Bank Of India	Cash - CD/Time Deposit	₹239.75 Cr	1.33%
Axis Bank Limited	Cash - CD/Time Deposit	₹235.81 Cr	1.31%
ICICI Home Finance Company Limited	Bond - Corporate Bond	₹226.75 Cr	1.26%
Sikka Ports & Terminals Limited	Bond - Corporate Bond	₹209.92 Cr	1.17%
91 Days Tbill Red 16-10-2025	Bond - Gov't/Treasury	₹198.65 Cr	1.10%
Ongc Petro Additions Limited	Bond - Corporate Bond	₹196.8 Cr	1.09%
Treasury Bills	Bond - Gov't/Treasury	₹196.16 Cr	1.09%
Indian Bank	Cash - CD/Time Deposit	₹195.81 Cr	1.09%
The Federal Bank Limited	Cash - CD/Time Deposit	₹195.56 Cr	1.09%
National Bank For Agriculture And Rural Development	Cash - CD/Time Deposit	₹195.33 Cr	1.08%
INDIA UNIVERSAL TRUST AL2	Bond - Asset Backed	₹194.57 Cr	1.08%
National Bank For Agriculture And Rural Development	Bond - Corporate Bond	₹177.8 Cr	0.99%
Bharti Telecom Limited	Bond - Corporate Bond	₹165.66 Cr	0.92%
India (Republic of)	Bond - Short-term Government Bills	₹153.96 Cr	0.86%
Poonawalla Fincorp Limited	Bond - Corporate Bond	₹150.49 Cr	0.84%
Rbl Bank Ltd.^	Cash	₹147.25 Cr	0.82%
Union Bank Of India	Cash - CD/Time Deposit	₹146.36 Cr	0.81%
National Bank For Agriculture And Rural Development	Cash - CD/Time Deposit	₹146.13 Cr	0.81%
Icici Securities Limited	Cash - Commercial Paper	₹145.17 Cr	0.81%
Tata Capital Ltd.	Cash - Commercial Paper	₹142.62 Cr	0.79%
Muthoot Finance Limited	Bond - Corporate Bond	₹135.48 Cr	0.75%
Rec Limited	Bond - Corporate Bond	₹134.8 Cr	0.75%
Small Industries Development Bank Of India	Bond - Corporate Bond	₹125.44 Cr	0.70%
Power Finance Corporation Limited	Bond - Corporate Bond	₹124.05 Cr	0.69%
Net Current Assets	Cash	₹123.14 Cr	0.68%
National Bank For Agriculture And Rural Development	Cash - CD/Time Deposit	₹122.12 Cr	0.68%
Canara Bank	Cash - CD/Time Deposit	₹121.86 Cr	0.68%
Small Industries Development Bank Of India	Cash - CD/Time Deposit	₹121.35 Cr	0.67%
Mahindra Rural Housing Finance Limited	Bond - Corporate Bond	₹120.47 Cr	0.67%
Small Industries Development Bank Of India	Bond - Corporate Bond	₹110.81 Cr	0.62%
Ongc Petro Additions Limited	Bond - Corporate Bond	₹106.33 Cr	0.59%
LIC Housing Finance Ltd	Bond - Corporate Bond	₹101.18 Cr	0.56%
INDIGO 043	Bond - Asset Backed	₹101.12 Cr	0.56%
Rec Limited	Bond - Corporate Bond	₹101.01 Cr	0.56%
Bajaj Housing Finance Limited	Bond - Corporate Bond	₹100.73 Cr	0.56%
Rural Electrification Corporation Limited	Bond - Corporate Bond	₹100.71 Cr	0.56%
Bajaj Housing Finance Limited	Bond - Corporate Bond	₹100.68 Cr	0.56%
National Housing Bank	Bond - Corporate Bond	₹100.6 Cr	0.56%
Power Finance Corporation Limited	Bond - Corporate Bond	₹100.4 Cr	0.56%
Motilal Oswal Financial Services Limited	Bond - Corporate Bond	₹99.88 Cr	0.55%
Smfg India Home Finance Company Limited	Bond - Corporate Bond	₹99.36 Cr	0.55%
Indusind Bank Limited	Cash - CD/Time Deposit	₹98.5 Cr	0.55%
Bank Of Baroda**	Cash - CD/Time Deposit	₹98.32 Cr	0.55%
Union Bank Of India	Cash - CD/Time Deposit	₹98.29 Cr	0.55%
364 DTB 26122025	Bond - Gov't/Treasury	₹98.29 Cr	0.55%
Canara Bank	Cash - CD/Time Deposit	₹98.17 Cr	0.55%
Bank Of Baroda	Cash - CD/Time Deposit	₹97.95 Cr	0.54%
Union Bank Of India	Cash - CD/Time Deposit	₹97.78 Cr	0.54%
Export-Import Bank Of India	Cash - Commercial Paper	₹97.59 Cr	0.54%
IDBI Bank Limited	Cash - CD/Time Deposit	₹97.5 Cr	0.54%
Axis Bank Limited	Cash - CD/Time Deposit	₹97.46 Cr	0.54%
Kotak Mahindra Bank Limited	Cash - CD/Time Deposit	₹97.27 Cr	0.54%
Tata Capital Ltd.^	Cash	₹96.96 Cr	0.54%
Canara Bank**	Cash - CD/Time Deposit	₹96.81 Cr	0.54%
Punjab National Bank	Bond - Gov't Agency Debt	₹96.77 Cr	0.54%
Hdb Financial Services Limited	Bond - Corporate Bond	₹95.46 Cr	0.53%
Tata Capital Ltd.	Cash - Commercial Paper	₹95.1 Cr	0.53%
LIC Housing Finance Ltd	Bond - Corporate Bond	₹94.69 Cr	0.53%
08.15 Tn SDL 2025	Bond - Gov't/Treasury	₹91.22 Cr	0.51%
Rec Limited	Bond - Corporate Bond	₹84.87 Cr	0.47%
Jamnagar Utilities & Power Private Limited	Bond - Corporate Bond	₹82.24 Cr	0.46%
Ongc Petro Additions Limited	Bond - Corporate Bond	₹76.35 Cr	0.42%
Rec Limited	Bond - Corporate Bond	₹75.58 Cr	0.42%
Small Industries Development Bank Of India	Bond - Corporate Bond	₹75.33 Cr	0.42%
LIC Housing Finance Ltd	Bond - Corporate Bond	₹75.32 Cr	0.42%
Tata Housing Development Company Limited	Bond - Corporate Bond	₹75.28 Cr	0.42%
Small Industries Development Bank Of India	Bond - Corporate Bond	₹75.28 Cr	0.42%
The Federal Bank Limited	Cash - CD/Time Deposit	₹73.96 Cr	0.41%
Axis Bank Limited	Cash - CD/Time Deposit	₹73.73 Cr	0.41%
National Bank For Agriculture & Rural Development**	Cash - CD/Time Deposit	₹72.64 Cr	0.40%
Bank Of Baroda	Cash - CD/Time Deposit	₹72.27 Cr	0.40%
Rec Ltd.	Cash - Commercial Paper	₹71.51 Cr	0.40%
Bharti Telecom Limited	Bond - Corporate Bond	₹70.3 Cr	0.39%
VAJRA 009 TRUST	Bond - Asset Backed	₹65.66 Cr	0.36%
08.15 HR Sdl 2025nov	Bond - Gov't/Treasury	₹65.3 Cr	0.36%
Godrej Industries Limited	Bond - Corporate Bond	₹65.29 Cr	0.36%
UNIVERSE TRUST DEC 2024	Bond - Asset Backed	₹62.52 Cr	0.35%
Jubilant Beverages Limited	Bond - Corporate Bond	₹57.21 Cr	0.32%
Aditya Birla Renewables Limited	Bond - Corporate Bond	₹50.78 Cr	0.28%
Tata Capital Housing Finance Limited	Bond - Corporate Bond	₹50.76 Cr	0.28%
LIC Housing Finance Ltd	Bond - Corporate Bond	₹50.67 Cr	0.28%
LIC Housing Finance Ltd	Bond - Corporate Bond	₹50.43 Cr	0.28%
7.59% Govt Stock 2026	Bond - Gov't/Treasury	₹50.34 Cr	0.28%
National Bank For Agriculture And Rural Development	Bond - Corporate Bond	₹50.25 Cr	0.28%
Hdb Financial Services Limited	Bond - Corporate Bond	₹50.25 Cr	0.28%
08.15 Wb SDL 2025	Bond - Gov't/Treasury	₹50.23 Cr	0.28%
Bajaj Housing Finance Limited	Bond - Corporate Bond	₹50.17 Cr	0.28%
Rec Limited	Bond - Corporate Bond	₹49.88 Cr	0.28%
Sharekhan Limited	Cash - Commercial Paper	₹49.87 Cr	0.28%
Sharekhan Limited	Cash - Commercial Paper	₹49.79 Cr	0.28%
Rec Limited	Bond - Corporate Bond	₹49.79 Cr	0.28%
Housing And Urban Development Corporation Limited	Bond - Corporate Bond	₹49.68 Cr	0.28%
Hsbc Investdirect Financial Services (I)Ltd	Cash - Commercial Paper	₹49.37 Cr	0.27%
Julius Baer Capital (India) Private Limited	Cash - Commercial Paper	₹49.22 Cr	0.27%
The Federal Bank Limited	Cash - CD/Time Deposit	₹48.87 Cr	0.27%
Corporate Debt Market Development Fund	Mutual Fund - Open End	₹48.7 Cr	0.27%
Sundaram Finance Limited	Cash - Commercial Paper	₹48.53 Cr	0.27%
Indian Bank	Cash - CD/Time Deposit	₹47.67 Cr	0.26%
Jubilant Bevco Limited	Bond - Corporate Bond	₹46.93 Cr	0.26%
Nhpc Limited	Bond - Corporate Bond	₹46.53 Cr	0.26%
08.12 GJ Sdl 2025	Bond - Gov't/Treasury	₹45.71 Cr	0.25%
GS CG 17/12/2025 - (STRIPS) Strips	Bond - Gov't/Treasury	₹44.45 Cr	0.25%
TRuhome Finance Limited	Bond - Corporate Bond	₹40.16 Cr	0.22%
INDIGO 041	Bond - Asset Backed	₹39.57 Cr	0.22%
National Bank For Agriculture And Rural Development	Bond - Corporate Bond	₹35.12 Cr	0.20%
Mankind Pharma Limited	Bond - Corporate Bond	₹30.27 Cr	0.17%
08.17 Tn SDL 2025	Bond - Gov't/Treasury	₹30.17 Cr	0.17%
Aavas Financiers Limited	Bond - Corporate Bond	₹30.15 Cr	0.17%
Power Finance Corporation Limited	Bond - Corporate Bond	₹30.14 Cr	0.17%
07.47 GJ Sgs 2025	Bond - Gov't/Treasury	₹29.66 Cr	0.16%
Mahindra Rural Housing Finance Limited	Bond - Corporate Bond	₹25.43 Cr	0.14%
National Bank For Agriculture And Rural Development	Bond - Corporate Bond	₹25.36 Cr	0.14%
Rec Limited	Bond - Corporate Bond	₹25.36 Cr	0.14%
LIC Housing Finance Ltd	Bond - Corporate Bond	₹25.35 Cr	0.14%
Power Finance Corporation Limited	Bond - Corporate Bond	₹25.31 Cr	0.14%
08.51 HR Sdl 2026	Bond - Gov't/Treasury	₹25.29 Cr	0.14%
Rec Limited	Bond - Corporate Bond	₹25.26 Cr	0.14%
Power Finance Corporation Limited	Bond - Corporate Bond	₹25.24 Cr	0.14%
National Bank For Agriculture And Rural Development	Bond - Corporate Bond	₹25.21 Cr	0.14%
Power Finance Corporation Limited	Bond - Corporate Bond	₹25.2 Cr	0.14%
Muthoot Finance Limited	Bond - Corporate Bond	₹25.19 Cr	0.14%
Rec Limited	Bond - Corporate Bond	₹25.19 Cr	0.14%
National Housing Bank	Bond - Corporate Bond	₹25.15 Cr	0.14%
Mankind Pharma Limited	Bond - Corporate Bond	₹25.14 Cr	0.14%
LIC Housing Finance Ltd	Bond - Corporate Bond	₹25.12 Cr	0.14%
Small Industries Development Bank Of India	Bond - Corporate Bond	₹25.12 Cr	0.14%
Muthoot Finance Limited	Bond - Corporate Bond	₹25.06 Cr	0.14%
Citicorp Finance (India) Limited	Bond - Corporate Bond	₹25.06 Cr	0.14%
Nhpc Limited	Bond - Corporate Bond	₹24.96 Cr	0.14%
Tata Capital Housing Finance Limited	Bond - Corporate Bond	₹24.96 Cr	0.14%
VAJRA 014 TRUST	Bond - Asset Backed	₹24.91 Cr	0.14%
Hsbc Investdirect Financial Services (India) Limited	Cash - Commercial Paper	₹24.89 Cr	0.14%
Canara Bank	Cash - CD/Time Deposit	₹24.23 Cr	0.13%
08.15 GJ Sdl 2025nov	Bond - Gov't/Treasury	₹20.11 Cr	0.11%
India (Republic of)	Bond - Gov't/Treasury	₹19.88 Cr	0.11%
08.27 KA Sdl 2025	Bond - Gov't/Treasury	₹15.12 Cr	0.08%
08.21 MH Sdl 2025	Bond - Gov't/Treasury	₹15.1 Cr	0.08%
Nuclear Power Corporation Of India Limited	Bond - Corporate Bond	₹10.35 Cr	0.06%
Nuclear Power Corporation Of India Limited	Bond - Corporate Bond	₹10.23 Cr	0.06%
Housing And Urban Development Corporation Limited	Bond - Corporate Bond	₹10.08 Cr	0.06%
Rec Limited	Bond - Corporate Bond	₹10.05 Cr	0.06%
08.12 MH Sdl 2025	Bond - Gov't/Treasury	₹10.05 Cr	0.06%
Rec Limited	Bond - Corporate Bond	₹10.04 Cr	0.06%
VAJRA 006 TRUST	Bond - Asset Backed	₹7.35 Cr	0.04%
Rec Limited	Bond - Corporate Bond	₹4.99 Cr	0.03%

Allocation By Credit Quality (Debt)

AAA

Other Allocation

Equity Sector

Debt & Others

Instruments	Amount	Holdings
Bond - Corporate Bond	₹8,597.15 Cr	47.75%
Cash - CD/Time Deposit	₹4,157.5 Cr	23.09%
Bond - Gov't/Treasury	₹1,851.8 Cr	10.29%
Cash - Commercial Paper	₹1,682.62 Cr	9.35%
Bond - Asset Backed	₹495.7 Cr	2.75%
Bond - Short-term Government Bills	₹449.16 Cr	2.49%
Cash	₹367.35 Cr	2.04%
Cash - Repurchase Agreement	₹258.2 Cr	1.43%
Bond - Gov't Agency Debt	₹96.77 Cr	0.54%
Mutual Fund - Open End	₹48.7 Cr	0.27%

Risk & Performance Ratios

Fund Managers

Anil Bamboli

Since September 2018

Praveen Jain

Since August 2024

Dhruv Muchhal

Since June 2023

Additional Scheme Detailsas of 31st August 2025

ISIN

INF179KB15Q6

Expense Ratio

0.37%

Exit Load

No Charges

Fund Size

₹17,328 Cr

Age

6 years 11 months

Lumpsum Minimum

₹100

Fund Status

Open Ended Investment Company

Benchmark

CRISIL Ultra Short Duration Debt TR INR

Investment Objective

To seek to generate long-term capital growth from an actively managed portfolio primarily of Equity and Equity Related Securities. Scheme shall invest in Indian equities,foreign equities and related instruments and debt securities.

Tax Treatment

Capital Gains Taxation:

Dividend Taxation:

Note: As per the Income Tax Budget 2024, mutual funds are subject to capital gains taxation, which includes surcharge and cess based on prevailing income tax rules and the investor’s income. Taxation applies only to realised gains, not notional gains. Please consult your tax advisors to determine the implications or consequences of your investments in such securities.

Similar Ultra Short Duration Funds

Fund name	Expense Ratio	Exit Load	Fund size	1Y
Franklin India Ultra Short Duration Fund Regular Growth Moderate Risk	0.7%	0.0%	₹297.17 Cr	7.3%
Franklin India Ultra Short Duration Fund Direct Growth Moderate Risk	0.3%	0.0%	₹297.17 Cr	7.8%
Invesco India Ultra Short Term Fund Direct Growth Low to Moderate Risk	0.2%	0.0%	₹1198.92 Cr	7.7%
Motilal Oswal Ultra Short Term Fund Regular Growth Low to Moderate Risk	1.0%	0.0%	₹600.31 Cr	5.7%
Motilal Oswal Ultra Short Term Fund Direct Growth Low to Moderate Risk	0.3%	0.0%	₹600.31 Cr	6.5%
ITI Ultra Short Duration Fund Regular Growth Low to Moderate Risk	0.9%	0.0%	₹170.38 Cr	6.5%
ITI Ultra Short Duration Fund Direct Growth Low to Moderate Risk	0.3%	0.0%	₹170.38 Cr	7.3%
Sundaram Ultra Short Duration Fund Direct Growth Low to Moderate Risk	0.2%	0.0%	₹2225.47 Cr	7.7%
Nippon India Ultra Short Duration Fund Direct Growth Moderate Risk	0.4%	0.0%	₹10856.49 Cr	7.9%
Kotak Savings Fund Direct Growth Low to Moderate Risk	0.4%	0.0%	₹15667.19 Cr	7.6%
Tata Ultra Short Term Fund Direct Growth Moderate Risk	0.3%	0.0%	₹4907.76 Cr	7.9%
Tata Ultra Short Term Fund Regular Growth Moderate Risk	1.1%	0.0%	₹4907.76 Cr	7.0%
ICICI Prudential Ultra Short Term Fund Regular Growth Moderate Risk	0.8%	0.0%	₹17076.56 Cr	7.4%
Nippon India Ultra Short Duration Fund Segregated Portfolio 1 Direct Growth Moderate Risk	0.4%	0.0%	-	195.1%
Nippon India Ultra Short Duration Fund Segregated Portfolio 1 Regular Growth Moderate Risk	1.2%	0.0%	-	195.1%
WhiteOak Capital Ultra Short Term Fund Regular Growth Low to Moderate Risk	1.0%	0.0%	₹555.21 Cr	6.8%
WhiteOak Capital Ultra Short Term Fund Direct Growth Low to Moderate Risk	0.5%	0.0%	₹555.21 Cr	7.4%
DSP Ultra Short Fund Regular Growth Low to Moderate Risk	1.0%	0.0%	₹3772.40 Cr	7.1%
Mirae Asset Ultra Short Duration Fund Regular Growth Low to Moderate Risk	0.4%	0.0%	₹1715.24 Cr	7.5%
Mirae Asset Ultra Short Duration Fund Direct Growth Low to Moderate Risk	0.2%	0.0%	₹1715.24 Cr	7.8%
UTI Ultra Short Term Fund Direct Growth Moderate Risk	0.3%	0.0%	₹4337.24 Cr	7.7%
Aditya Birla Sun Life Savings Fund Direct Growth Moderate Risk	0.3%	0.0%	₹21521.30 Cr	8.1%
Bank of India Ultra Short Duration Fund Direct Growth Low to Moderate Risk	0.3%	0.0%	₹196.23 Cr	7.3%
SBI Magnum Ultra Short Duration Fund Direct Growth Low to Moderate Risk	0.3%	0.0%	₹16317.58 Cr	7.5%
HSBC Ultra Short Duration Fund Direct Growth Low to Moderate Risk	0.2%	0.0%	₹2924.03 Cr	7.6%
HSBC Ultra Short Duration Fund Regular Growth Low to Moderate Risk	0.3%	0.0%	₹2924.03 Cr	7.3%
Bandhan Ultra Short Term Fund Regular Growth Low to Moderate Risk	0.5%	0.0%	₹4216.54 Cr	7.3%
Bandhan Ultra Short Term Fund Direct Growth Low to Moderate Risk	0.3%	0.0%	₹4216.54 Cr	7.5%
ICICI Prudential Ultra Short Term Fund Direct Growth Moderate Risk	0.4%	0.0%	₹17076.56 Cr	7.8%
Canara Robeco Ultra Short Term Fund Direct Growth Low to Moderate Risk	0.3%	0.0%	₹667.00 Cr	7.5%
DSP Ultra Short Fund Direct Growth Low to Moderate Risk	0.3%	0.0%	₹3772.40 Cr	7.8%
PGIM India Ultra Short Duration Fund Direct Growth Low to Moderate Risk	0.3%	0.0%	₹202.36 Cr	7.5%
Axis Ultra Short Term Fund Regular Growth Moderate Risk	1.2%	0.0%	₹6763.84 Cr	7.0%
Axis Ultra Short Term Fund Direct Growth Moderate Risk	0.4%	0.0%	₹6763.84 Cr	7.8%
Sundaram Ultra Short Duration Fund Regular Growth Low to Moderate Risk	1.5%	0.0%	₹2225.47 Cr	6.3%
Aditya Birla Sun Life Savings Fund Regular Growth Moderate Risk	0.5%	0.0%	₹21521.30 Cr	7.9%
Kotak Savings Fund Regular Growth Low to Moderate Risk	0.8%	0.0%	₹15667.19 Cr	7.1%
Invesco India Ultra Short Term Fund Regular Growth Low to Moderate Risk	0.7%	0.0%	₹1198.92 Cr	7.3%
SBI Magnum Ultra Short Duration Fund Regular Growth Low to Moderate Risk	0.6%	0.0%	₹16317.58 Cr	7.3%
Bank of India Ultra Short Duration Fund Regular Growth Low to Moderate Risk	0.8%	0.0%	₹196.23 Cr	6.8%
HDFC Ultra Short Term Fund Regular Growth Low to Moderate Risk	0.7%	0.0%	₹17328.44 Cr	7.3%
HDFC Ultra Short Term Fund Direct Growth Low to Moderate Risk	0.4%	0.0%	₹17328.44 Cr	7.7%
Mahindra Manulife Ultra Short Duration Fund Direct Growth Moderate Risk	0.3%	0.0%	₹258.65 Cr	7.6%
Mahindra Manulife Ultra Short Duration Fund Regular Growth Moderate Risk	0.7%	0.0%	₹258.65 Cr	7.2%
Nippon India Ultra Short Duration Fund Regular Growth Moderate Risk	1.1%	0.0%	₹10856.49 Cr	7.1%
UTI Ultra Short Term Fund Regular Growth Moderate Risk	1.0%	0.0%	₹4337.24 Cr	7.0%
LIC MF Ultra Short Duration Fund Regular Growth Low to Moderate Risk	0.9%	0.0%	₹257.79 Cr	6.8%
LIC MF Ultra Short Duration Fund Direct Growth Low to Moderate Risk	0.3%	0.0%	₹257.79 Cr	7.6%
Baroda BNP Paribas Ultra Short Duration Fund Direct Growth Low to Moderate Risk	0.3%	0.0%	₹1614.95 Cr	7.6%
Baroda BNP Paribas Ultra Short Duration Fund Regular Growth Low to Moderate Risk	0.5%	0.0%	₹1614.95 Cr	7.4%

About the AMC

HDFC Mutual Fund

+91 22 66316333

https://www.hdfcfund.com/

Total AUM

₹8,24,440 Cr

Address

“HUL House”, 2nd Floor, Mumbai, 400 020

Other Funds by HDFC Mutual Fund

Fund name	Expense Ratio	Exit Load	Fund size	1Y
HDFC Diversified Equity All Cap Active FOF Direct Growth Very High Risk	-	1.0%	-	-
HDFC Innovation Fund Direct Growth Very High Risk	0.7%	1.0%	₹2439.44 Cr	-
HDFC CRISIL-IBX Financial Services 3-6 Months Debt Index Fund Direct Growth Low to Moderate Risk	0.1%	0.0%	₹408.36 Cr	-
HDFC Nifty Top 20 Equal Weight Index Fund Direct Growth Very High Risk	0.3%	0.0%	₹78.51 Cr	-
HDFC Nifty100 Quality 30 Index Fund Direct Growth Very High Risk	0.4%	0.0%	₹165.58 Cr	-
HDFC Nifty India Digital Index Fund Direct Growth Very High Risk	0.4%	0.0%	₹194.87 Cr	-
HDFC Nifty LargeMidcap 250 Index Fund Direct Growth Very High Risk	0.3%	0.0%	₹460.37 Cr	-
HDFC Nifty500 Multicap 50:25:25 Index Fund Regular Growth Very High Risk	0.3%	0.0%	₹454.89 Cr	-2.9%
HDFC NIFTY100 Low Volatility 30 Index Fund Direct Growth Very High Risk	0.4%	0.0%	₹312.03 Cr	-2.0%
HDFC Manufacturing Fund Direct Growth Very High Risk	0.7%	1.0%	₹11818.50 Cr	0.6%
HDFC NIFTY Realty Index Fund Direct Growth Very High Risk	0.4%	0.0%	₹119.26 Cr	-14.6%
HDFC NIFTY200 Momentum 30 Index Fund Direct Growth Very High Risk	0.4%	0.0%	₹705.34 Cr	-15.6%
HDFC Pharma and Healthcare Fund Direct Growth Very High Risk	0.9%	1.0%	₹1936.05 Cr	8.8%
HDFC Technology Fund Direct Growth Very High Risk	1.0%	1.0%	₹1375.20 Cr	-6.5%
HDFC Fixed Maturity Plan 1162 Days March 2022 Series 46 Direct Growth Low Risk	-	0.0%	₹30.78 Cr	7.2%
HDFC FMP 1204D December 2022 (47) Direct Growth Low to Moderate Risk	-	-	₹51.24 Cr	7.3%
HDFC Fixed Maturity Plans 1269 Days March 2023 Series 47 Direct Growth Low to Moderate Risk	-	0.0%	₹76.38 Cr	7.8%
HDFC Fixed Maturity Plans 1359 Days September 2022 Series 46 Direct Growth Low to Moderate Risk	-	0.0%	₹316.54 Cr	7.5%
HDFC Fixed Maturity Plan 1406 Days August 2022 Series 46 Direct Growth Moderate Risk	-	0.0%	₹246.30 Cr	7.6%
HDFC Fixed Maturity Plans 1113 Days March 2019 Series 44 Plan 1 Direct Growth Moderate Risk	-	0.0%	-	-
HDFC Fixed Maturity Plan 1876 Days Series 46 Direct Growth Low to Moderate Risk	-	0.0%	₹33.50 Cr	8.2%
HDFC Fixed Maturity Plans Series 46 1158D July 2022 Direct Growth Low Risk	-	0.0%	₹161.40 Cr	6.7%
HDFC Fixed Maturity Plan 1861 Days Series 46 Direct Growth Low to Moderate Risk	-	0.0%	₹478.73 Cr	8.2%
HDFC FMP 2638D February 2023 (47) Direct Growth Moderate Risk	-	0.0%	₹151.02 Cr	8.6%
HDFC Fixed Maturity Plans 1127 Days April 2019 Series 44 Plan 1 Direct Growth Moderate Risk	-	-	-	-
HDFC Balanced Advantage Fund Direct Growth Very High Risk	0.7%	1.0%	₹101772.60 Cr	2.1%
HDFC Hybrid Equity Fund Direct Growth Very High Risk	1.0%	1.0%	₹24510.90 Cr	1.5%
HDFC Dynamic PE Ratio Fund of Funds Plan A Direct Growth Moderate Risk	0.1%	0.0%	₹1538.90 Cr	-0.9%
HDFC Small Cap Fund Direct Growth Very High Risk	0.7%	1.0%	₹36353.10 Cr	0.8%
HDFC Housing Opportunities Fund Direct Growth Very High Risk	1.2%	1.0%	₹1326.14 Cr	-6.8%
HDFC Large and Mid Cap Fund Direct Growth Very High Risk	0.8%	1.0%	₹26406.25 Cr	-1.6%
HDFC Nifty G-Sec July 2031 Index Fund Direct Growth Moderate Risk	0.2%	0.0%	₹722.04 Cr	8.5%
HDFC Nifty G-sec Dec 2026 Index Fund Direct Growth Low to Moderate Risk	0.2%	0.0%	₹1184.35 Cr	7.7%
HDFC Business Cycle Fund Direct Growth Very High Risk	0.8%	1.0%	₹2924.62 Cr	-0.5%
HDFC NIFTY Smallcap 250 Index Fund Direct Growth Very High Risk	0.3%	0.0%	₹525.82 Cr	-6.6%
HDFC Credit Risk Debt Fund Direct Growth Moderately High risk	1.0%	1.0%	₹6994.93 Cr	8.5%
HDFC Nifty SDL Oct 2026 Index Fund Direct Growth Low to Moderate Risk	0.2%	0.0%	₹199.79 Cr	7.8%
HDFC Banking and PSU Debt Fund Direct Growth Moderate Risk	0.4%	0.0%	₹5921.26 Cr	8.3%
HDFC Banking & Financial Services Fund Direct Growth Very High Risk	0.8%	1.0%	₹4186.79 Cr	6.0%
HDFC Non-Cyclical Consumer Fund Direct Growth Very High Risk	1.1%	1.0%	₹1009.56 Cr	-2.9%
HDFC Asset Allocator Fund of Funds Direct Growth High Risk	0.1%	1.0%	₹4434.90 Cr	9.5%
HDFC Gold Fund Direct Growth Very High Risk	0.2%	1.0%	₹4536.91 Cr	50.5%
HDFC Gilt Fund Direct Growth Moderate Risk	0.5%	0.0%	₹2812.13 Cr	6.0%
HDFC Dynamic Debt Fund Direct Growth Moderate Risk	0.8%	0.0%	₹804.37 Cr	5.7%
HDFC Medium Term Debt Fund Direct Growth Moderately High risk	0.7%	0.0%	₹3883.75 Cr	8.3%
HDFC Income Fund Direct Growth Moderate Risk	0.8%	0.0%	₹945.78 Cr	6.7%
HDFC Infrastructure Fund Direct Growth Very High Risk	1.1%	1.0%	₹2539.90 Cr	-3.1%
HDFC Liquid Fund Direct Growth Low to Moderate Risk	0.2%	0.0%	₹67611.62 Cr	6.9%
HDFC Corporate Bond Fund Direct Growth Low to Moderate Risk	0.4%	0.0%	₹35801.35 Cr	8.2%
HDFC Mid-Cap Opportunities Fund Direct Growth Very High Risk	0.7%	1.0%	₹83847.39 Cr	2.0%

Risk Level

Your principal amount will be at Low to Moderate Risk

Take control of your wealth

Track and Analyse all your investments with Wealth Monitor

Rated ★ 4.3+ on

Still got questions?
We're here to help.

What is the current NAV of HDFC Ultra Short Term Fund Direct Growth?

The NAV of HDFC Ultra Short Term Fund Direct Growth, as of 12-Sep-2025, is ₹15.68.

What are the returns of HDFC Ultra Short Term Fund Direct Growth?

The fund has generated 7.65% over the last 1 year and 7.42% over the last 3 years. However, this does not guarantee that the fund will perform similarly in the future.

What is the portfolio composition of HDFC Ultra Short Term Fund Direct Growth?

The fund's allocation of assets is distributed as 0.00% in equities, 53.12% in bonds, and 46.61% in cash and cash equivalents.

Who manages the HDFC Ultra Short Term Fund Direct Growth?

The fund managers responsible for HDFC Ultra Short Term Fund Direct Growth are:-

Anil Bamboli
Praveen Jain
Dhruv Muchhal

Disclaimer: Mutual Fund investments are subject to market risks, read all scheme-related documents carefully. The NAVs of the schemes may go up or down depending upon the factors and forces affecting the securities market including the fluctuations in the interest rates. The past performance of the mutual funds is not necessarily indicative of the future performance of the schemes. Investors are requested to review the prospectus carefully and obtain expert professional advice with regard to specific legal, tax and financial implications of the investment/participation in the scheme.

;

Fund Overview

Fund Size

₹17,328 Cr

Expense Ratio

0.37%

ISIN

INF179KB15Q6

Minimum SIP

₹100

Exit Load

No Charges

Inception Date

25 Sep 2018

Risk Level

Your principal amount will be at Low to Moderate Risk