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Fund Overview

Fund Size

Fund Size

₹13,816 Cr

Expense Ratio

Expense Ratio

0.36%

ISIN

ISIN

INF179KB15Q6

Minimum SIP

Minimum SIP

₹100

Exit Load

Exit Load

No Charges

Inception Date

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 5 years, 8 months and 18 days, having been launched on 25-Sep-18.
As of 11-Jun-24, it has a Net Asset Value (NAV) of ₹14.30, Assets Under Management (AUM) of 13816.02 Crores, and an expense ratio of 0.36%.
  • HDFC Ultra Short Term Fund Direct Growth has given a CAGR return of 6.46% since inception.
  • The fund's asset allocation comprises around 0.00% in equities, 42.47% in debts, and 57.30% 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

+7.53%

+6.05% (Cat Avg.)

3 Years

+5.90%

+5.15% (Cat Avg.)

5 Years

+6.08%

+4.98% (Cat Avg.)

Since Inception

+6.46%

(Cat Avg.)

Portfolio Summaryas of 15th May 2024

Debt5,867.43 Cr42.47%
Others7,948.6 Cr57.53%

Top Holdings

All Holdings

Equity

Debt & Others

NameType sortAmount sortHoldings sort
182 DTB 29082024Bond - Gov't/Treasury678.63 Cr4.74%
Jamnagar Utilities & Power Private LimitedBond - Corporate Bond551.59 Cr3.85%
Embassy Office Parks ReitBond - Corporate Bond472.25 Cr3.30%
India (Republic of)Bond - Short-term Government Bills441.41 Cr3.08%
Small Industries Development Bank of IndiaCash - Commercial Paper378.56 Cr2.64%
Bank Of BarodaCash - CD/Time Deposit363.95 Cr2.54%
Treps - Tri-Party RepoCash - Repurchase Agreement324.47 Cr2.27%
Rural Electrification Corporation LimitedBond - Corporate Bond314.12 Cr2.19%
Ultratech Cement Ltd.Cash - Commercial Paper296.19 Cr2.07%
Small Industries Development Bank Of IndiaCash - CD/Time Deposit288.15 Cr2.01%
Icici Securities LimitedCash - Commercial Paper281.88 Cr1.97%
Power Finance Corporation LimitedBond - Corporate Bond274.91 Cr1.92%
National Bank For Agriculture And Rural DevelopmentBond - Corporate Bond226.27 Cr1.58%
Power Finance Corporation LimitedBond - Corporate Bond226.15 Cr1.58%
Net Current AssetsCash217.95 Cr1.52%
Axis Bank LimitedCash - CD/Time Deposit216.99 Cr1.52%
Grasim Industries LtdBond - Corporate Bond200 Cr1.40%
LIC Housing Finance LtdBond - Corporate Bond198.04 Cr1.38%
National Housing BankCash - Commercial Paper196.62 Cr1.37%
Icici Securities LimitedCash - Commercial Paper196 Cr1.37%
National Housing BankCash - Commercial Paper195.43 Cr1.37%
Federal Bank Ltd.Bond - Corporate Bond192.93 Cr1.35%
Tata Teleservices LtdCash - Commercial Paper192.83 Cr1.35%
Bharti Telecom LimitedBond - Corporate Bond184.97 Cr1.29%
The Federal Bank LimitedCash - CD/Time Deposit178.11 Cr1.24%
John Deere Financial India Private LimitedBond - Corporate Bond174.69 Cr1.22%
Bajaj Housing Finance LimitedCash - Commercial Paper174.07 Cr1.22%
Embassy Office Parks ReitBond - Corporate Bond169.71 Cr1.19%
India (Republic of)Bond - Short-term Government Bills166.97 Cr1.17%
Small Industries Development Bank Of IndiaCash - CD/Time Deposit166.35 Cr1.16%
Birla Group Holdings Private LimitedCash - Commercial Paper164.91 Cr1.15%
Dlf Cyber City Developers LtdBond - Corporate Bond164.06 Cr1.15%
Larsen And Toubro LimitedBond - Corporate Bond149.82 Cr1.05%
Muthoot Finance LimitedCash - Commercial Paper148.5 Cr1.04%
Small Industries Development Bank Of IndiaCash - CD/Time Deposit144.27 Cr1.01%
Kotak Mahindra Bank Limited (Formerly Kotak Mahindra Finance Limited)Cash - CD/Time Deposit143.63 Cr1.00%
Panatone Finvest LtdBond - Corporate Bond142.79 Cr1.00%
Bank of IndiaBond - Corporate Bond141.62 Cr0.99%
08.87 HP Sdl 2024Bond - Gov't/Treasury130.8 Cr0.91%
LIC Housing Finance LtdBond - Corporate Bond123.98 Cr0.87%
Rural Electrification Corporation LimitedBond - Corporate Bond114.89 Cr0.80%
Small Industries Development Bank Of IndiaCash - CD/Time Deposit100.36 Cr0.70%
Hdb Financial Services LimitedBond - Corporate Bond99.86 Cr0.70%
Bahadur Chand Investments Private LimitedCash - Commercial Paper99.78 Cr0.70%
Bajaj Housing Finance LimitedBond - Corporate Bond99.73 Cr0.70%
India (Republic of)Bond - Short-term Government Bills97.96 Cr0.68%
National Bank For Agriculture And Rural DevelopmentBond - Corporate Bond97.77 Cr0.68%
Indusind Bank LimitedCash - CD/Time Deposit95.89 Cr0.67%
National Bank For Agriculture And Rural DevelopmentCash - CD/Time Deposit95.48 Cr0.67%
Sharekhan LimitedCash - Commercial Paper95.34 Cr0.67%
Union Bank of IndiaBond - Gov't Agency Debt95.34 Cr0.67%
Axis Bank LimitedCash - CD/Time Deposit95.21 Cr0.67%
Birla Group Holdings Private LimitedCash - Commercial Paper94.96 Cr0.66%
Union Bank of IndiaBond - Gov't Agency Debt94.71 Cr0.66%
Au Small Finance Bank LimitedCash - CD/Time Deposit94.31 Cr0.66%
182 DTB 22082024Bond - Gov't/Treasury93.56 Cr0.65%
Kotak Mahindra Bank Ltd.Bond - Corporate Bond93.54 Cr0.65%
Tata Teleservices LtdBond - Corporate Bond85.17 Cr0.59%
LIC Housing Finance LtdBond - Corporate Bond84.75 Cr0.59%
Kotak Mahindra Bank Ltd.Bond - Corporate Bond83.05 Cr0.58%
LIC Housing Finance LtdBond - Corporate Bond78.72 Cr0.55%
VAJRA 004 TRUSTBond - Asset Backed76.86 Cr0.54%
Bharti Telecom LimitedBond - Corporate Bond75.01 Cr0.52%
Can Fin Homes LimitedBond - Corporate Bond74.68 Cr0.52%
ICICI Bank LimitedCash - CD/Time Deposit73.41 Cr0.51%
Canara BankCash - CD/Time Deposit71.63 Cr0.50%
Small Industries Development Bank Of IndiaCash - CD/Time Deposit71.6 Cr0.50%
Infina Finance Pvt Ltd.Cash - Commercial Paper71.14 Cr0.50%
VAJRA 006 TRUSTBond - Asset Backed62.26 Cr0.43%
Power Finance Corporation LimitedBond - Corporate Bond60 Cr0.42%
Tata Teleservices LtdBond - Corporate Bond56.78 Cr0.40%
Can Fin Homes LimitedBond - Corporate Bond54.41 Cr0.38%
08.06 AP Sdl 2025Bond - Gov't/Treasury50.3 Cr0.35%
08.06 RJ Sdl 2025Bond - Gov't/Treasury50.29 Cr0.35%
Titan Company LimitedBond - Corporate Bond50.01 Cr0.35%
Bharti Telecom LimitedBond - Corporate Bond49.96 Cr0.35%
Union Bank Of IndiaCash - CD/Time Deposit49.9 Cr0.35%
Larsen And Toubro LimitedBond - Corporate Bond49.89 Cr0.35%
National Bank For Agriculture And Rural DevelopmentBond - Corporate Bond49.83 Cr0.35%
Bharti Telecom LimitedBond - Corporate Bond49.83 Cr0.35%
National Bank For Agriculture And Rural DevelopmentBond - Corporate Bond49.78 Cr0.35%
National Bank For Agriculture And Rural DevelopmentBond - Corporate Bond49.71 Cr0.35%
Mahindra Rural Housing Finance LimitedBond - Corporate Bond49.68 Cr0.35%
Muthoot Finance LimitedCash - Commercial Paper49.48 Cr0.35%
Can Fin Homes LimitedBond - Corporate Bond49.36 Cr0.34%
L&T Metro Rail (Hyderabad) LimitedBond - Corporate Bond49.31 Cr0.34%
Brookfield India Real Estate TrustCash - Commercial Paper49.23 Cr0.34%
Motilal Oswal Financial Services LimitedCash - Commercial Paper48.99 Cr0.34%
Infina Finance Pvt Ltd.Cash - Commercial Paper48.82 Cr0.34%
Axis Bank LimitedCash - CD/Time Deposit47.75 Cr0.33%
Canara BankCash - CD/Time Deposit47.75 Cr0.33%
National Bank for Agriculture and Rural DevelopmentCash - CD/Time Deposit47.68 Cr0.33%
Punjab National BankBond - Gov't Agency Debt47.61 Cr0.33%
AU Small Finance Bank Ltd.Bond - Corporate Bond47.26 Cr0.33%
Bahadur Chand Investments Private LimitedCash - Commercial Paper47.22 Cr0.33%
Motilal Oswal Finvest LimitedCash - Commercial Paper47.15 Cr0.33%
Union Bank of IndiaBond - Gov't Agency Debt47.1 Cr0.33%
Birla Group Holdings Private LimitedCash - Commercial Paper46.91 Cr0.33%
08.39 RJ UDAY 2025Bond - Gov't Agency Debt37.58 Cr0.26%
Rural Electrification Corporation LimitedBond - Corporate Bond35.12 Cr0.25%
Hsbc Investdirect Financial Services (India) LimitedCash - CD/Time Deposit34.96 Cr0.24%
Bharti Telecom LimitedBond - Corporate Bond34.93 Cr0.24%
Motilal Oswal Financial Services LimitedCash - Commercial Paper34.1 Cr0.24%
Corporate Debt Market Development FundMutual Fund - Open End33.66 Cr0.24%
08.02 TN UDAY 2025Bond - Gov't Agency Debt30.15 Cr0.21%
National Housing BankBond - Corporate Bond29.89 Cr0.21%
Goi 12.03.2025 GovBond - Gov't/Treasury28.17 Cr0.20%
07.89 GJ Sdl 2025Bond - Gov't/Treasury25.15 Cr0.18%
08.29 RJ UDAY 2024Bond - Gov't Agency Debt25.02 Cr0.17%
Rec LimitedBond - Corporate Bond25.01 Cr0.17%
The Tata Power Company LimitedBond - Corporate Bond24.97 Cr0.17%
Bajaj Housing Finance LimitedBond - Corporate Bond24.86 Cr0.17%
Tata Capital Housing Finance LimitedBond - Corporate Bond24.85 Cr0.17%
Small Industries Development Bank Of IndiaBond - Corporate Bond24.83 Cr0.17%
Aditya Birla Fashion And Retail LimitedBond - Corporate Bond24.82 Cr0.17%
National Bank For Agriculture And Rural DevelopmentBond - Corporate Bond24.7 Cr0.17%
Union Bank Of IndiaCash - CD/Time Deposit23.87 Cr0.17%
National Bank For Agriculture And Rural DevelopmentCash - CD/Time Deposit23.75 Cr0.17%
Tata Capital Housing Finance LimitedBond - Corporate Bond19.54 Cr0.14%
08.21 RJ UDAY 2025Bond - Gov't Agency Debt18.92 Cr0.13%
Jamnagar Utilities & Power Private LimitedBond - Corporate Bond12.11 Cr0.08%
Power Grid Corporation Of India LimitedBond - Corporate Bond10.08 Cr0.07%
Rural Electrification Corporation LimitedBond - Corporate Bond10.04 Cr0.07%
Rural Electrification Corporation LimitedBond - Corporate Bond10.04 Cr0.07%
Power Grid Corporation Of India LimitedBond - Corporate Bond10.04 Cr0.07%
LIC Housing Finance LtdBond - Corporate Bond9.99 Cr0.07%
Bajaj Finance LimitedBond - Corporate Bond9.94 Cr0.07%
Small Industries Development Bank Of IndiaBond - Corporate Bond9.94 Cr0.07%
LIC Housing Finance LtdBond - Corporate Bond8 Cr0.06%
LIC Housing Finance LtdBond - Corporate Bond5.02 Cr0.04%
Tata Capital Housing Finance LimitedBond - Corporate Bond4.97 Cr0.03%
08.21 HR UDAY 2025Bond - Gov't Agency Debt1.61 Cr0.01%
QUEEN 03 2023Bond - Asset Backed0.69 Cr0.00%

Allocation By Credit Quality (Debt)

AAA

AA

Other Allocation

Equity Sector

Debt & Others

InstrumentsAmount sortHoldings sort
Bond - Corporate Bond6,004.57 Cr41.95%
Cash - Commercial Paper2,958.09 Cr20.66%
Cash - CD/Time Deposit2,475.01 Cr17.29%
Bond - Gov't/Treasury1,056.9 Cr7.38%
Bond - Short-term Government Bills706.33 Cr4.93%
Bond - Gov't Agency Debt398.04 Cr2.78%
Cash - Repurchase Agreement324.47 Cr2.27%
Cash217.95 Cr1.52%
Bond - Asset Backed139.81 Cr0.98%
Mutual Fund - Open End33.66 Cr0.24%

Risk & Performance Ratios

Standard Deviation

This fund

0.54%

Cat. avg.

0.74%

Lower the better

Sharpe Ratio

This fund

0.82

Cat. avg.

-0.89

Higher the better

Sortino Ratio

This fund

--

Cat. avg.

-0.22

Higher the better

Fund Managers

AB

Anil Bamboli

Since September 2018

Vikash Agarwal

Vikash Agarwal

Since June 2022

DM

Dhruv Muchhal

Since June 2023

Additional Scheme Detailsas of 15th May 2024

ISININF179KB15Q6Expense Ratio0.36%Exit LoadNo ChargesFund Size₹13,816 CrAge25 Sep 2018Lumpsum Minimum₹100Fund StatusOpen Ended Investment CompanyBenchmarkCRISIL Ultra Short Duration Debt TR INR

Investment ObjectiveInvestment 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

Withdrawal (irrespective of holding period)

Realised Gain (capital gains) are taxed at your marginal income tax rate

Note: Mutual funds are subject to capital gains taxation with surcharge and cess, based on prevailing income tax rules and investor income. Taxation applies 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 nameExpense RatioExit LoadFund size
1Y
PGIM India Ultra Short Duration Fund Regular Growth

Low to Moderate Risk

0.9%0.0%₹255.28 Cr6.7%
Canara Robeco Ultra Short Term Fund Regular Growth

Low to Moderate Risk

0.9%0.0%₹422.67 Cr6.5%
Baroda BNP Paribas Ultra Short Duration Fund Regular Growth

Low to Moderate Risk

0.5%0.0%₹1356.96 Cr7.3%
Baroda BNP Paribas Ultra Short Duration Fund Direct Growth

Low to Moderate Risk

0.3%0.0%₹1356.96 Cr7.5%
LIC MF Ultra Short Duration Fund Direct Growth

Low to Moderate Risk

0.3%0.0%₹284.82 Cr7.0%
LIC MF Ultra Short Duration Fund Regular Growth

Low to Moderate Risk

0.9%0.0%₹284.82 Cr6.4%
UTI Ultra Short Term Fund Regular Growth

Moderate Risk

1.0%0.0%₹2349.32 Cr7.0%
Nippon India Ultra Short Duration Fund Regular Growth

Moderate Risk

1.1%0.0%₹6322.84 Cr6.9%
Mahindra Manulife Ultra Short Duration Fund Regular Growth

Moderate Risk

0.7%0.0%₹233.50 Cr7.1%
Mahindra Manulife Ultra Short Duration Fund Direct Growth

Moderate Risk

0.3%0.0%₹233.50 Cr7.6%

About the AMC

Total AUM

₹6,24,584 Cr

Address

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

Other Funds by HDFC Mutual Fund

Fund nameExpense RatioExit LoadFund size
1Y
HDFC Pharma and Healthcare Fund Direct Growth

Very High Risk

1.1%1.0%₹830.67 Cr-
HDFC Technology Fund Direct Growth

Very High Risk

1.0%1.0%₹968.74 Cr-
HDFC Fixed Maturity Plan 1162 Days March 2022 Series 46 Direct Growth

Low to Moderate Risk

-0.0%₹31.07 Cr7.1%
HDFC FMP 1204D December 2022 (47) Direct Growth

Low to Moderate Risk

---6.9%
HDFC Fixed Maturity Plans 1269 Days March 2023 Series 47 Direct Growth

Low to Moderate Risk

-0.0%-7.0%
HDFC Fixed Maturity Plans 1359 Days September 2022 Series 46 Direct Growth

Low to Moderate Risk

-0.0%-7.0%
HDFC Fixed Maturity Plan 1406 Days August 2022 Series 46 Direct Growth

Moderate Risk

-0.0%-7.2%
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%₹30.26 Cr7.2%
HDFC Fixed Maturity Plans Series 46 1158D July 2022 Direct Growth

Low to Moderate Risk

-0.0%-7.1%
HDFC Fixed Maturity Plan 1861 Days Series 46 Direct Growth

Low to Moderate Risk

-0.0%₹432.16 Cr7.2%
HDFC FMP 2638D February 2023 (47) Direct Growth

Moderate Risk

-0.0%-7.0%
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%₹86471.32 Cr41.4%
HDFC Hybrid Equity Fund Direct Growth

Very High Risk

1.0%1.0%₹23138.21 Cr22.2%
HDFC Dynamic PE Ratio Fund of Funds Plan A Direct Growth

High Risk

-1.0%₹45.09 Cr24.3%
HDFC Small Cap Fund Direct Growth

Very High Risk

0.7%1.0%₹29175.05 Cr42.6%
HDFC Housing Opportunities Fund Direct Growth

Very High Risk

1.2%1.0%₹1444.40 Cr62.3%
HDFC Large and Mid Cap Fund Direct Growth

Very High Risk

0.8%1.0%₹19454.33 Cr49.9%
HDFC Nifty G-Sec July 2031 Index Fund Direct Growth

Moderate Risk

0.2%0.0%₹620.48 Cr6.8%
HDFC Nifty G-sec Dec 2026 Index Fund Direct Growth

Low to Moderate Risk

0.2%0.0%₹1205.47 Cr6.8%
HDFC Business Cycle Fund Direct Growth

Very High Risk

0.7%1.0%₹2970.53 Cr30.8%
HDFC NIFTY Smallcap 250 Index Fund Direct Growth

Very High Risk

0.3%0.0%₹164.59 Cr61.0%
HDFC Credit Risk Debt Fund Direct Growth

Moderately High risk

1.0%1.0%₹7980.05 Cr7.6%
HDFC Nifty SDL Oct 2026 Index Fund Direct Growth

Low to Moderate Risk

0.2%0.0%₹188.28 Cr7.1%
HDFC Banking and PSU Debt Fund Direct Growth

Moderate Risk

0.4%0.0%₹6297.89 Cr7.3%
HDFC Banking & Financial Services Fund Direct Growth

Very High Risk

0.6%1.0%₹3294.60 Cr25.3%
HDFC Non-Cyclical Consumer Fund Direct Growth

Very High Risk

1.2%1.0%₹662.33 Cr-
HDFC Asset Allocator Fund of Funds Direct Growth

High Risk

0.1%1.0%₹3053.79 Cr26.3%
HDFC Gold Fund Direct Growth

High Risk

0.2%1.0%₹2041.53 Cr18.3%
HDFC Gilt Fund Direct Growth

Moderate Risk

0.5%0.0%₹2418.16 Cr7.5%
HDFC Dynamic Debt Fund Direct Growth

Moderate Risk

0.7%0.0%₹679.40 Cr8.0%
HDFC Medium Term Debt Fund Direct Growth

Moderately High risk

0.6%0.0%₹4173.35 Cr7.4%
HDFC Income Fund Direct Growth

Moderate Risk

0.8%0.0%₹754.30 Cr7.2%
HDFC Infrastructure Fund Direct Growth

Very High Risk

1.2%1.0%₹2054.80 Cr78.4%
HDFC Liquid Fund Direct Growth

Low to Moderate Risk

0.2%0.0%₹56818.19 Cr7.3%
HDFC Corporate Bond Fund Direct Growth

Moderate Risk

0.3%0.0%₹28959.05 Cr7.6%
HDFC Mid-Cap Opportunities Fund Direct Growth

Very High Risk

0.8%1.0%₹63413.49 Cr53.9%
HDFC Hybrid Debt Fund Direct Growth

Moderately High risk

1.3%1.0%₹3182.24 Cr16.3%
HDFC TaxSaver Direct Growth

Very High Risk

1.1%0.0%₹14752.93 Cr48.1%
HDFC Multi - Asset Fund Direct Growth

High Risk

0.8%1.0%₹2897.11 Cr24.4%
HDFC Equity Savings Fund Direct Growth

Moderately High risk

1.0%1.0%₹4306.53 Cr18.8%
HDFC Short Term Debt Fund Direct Growth

Moderate Risk

0.4%0.0%₹12947.96 Cr7.6%
HDFC Top 100 Fund Direct Growth

Very High Risk

1.0%1.0%₹33488.50 Cr36.0%
HDFC S&P BSE 500 Index Fund Direct Growth

Very High Risk

0.3%0.0%₹68.86 Cr37.4%
HDFC Nifty Midcap 150 Index Fund Direct Growth

Very High Risk

0.3%0.0%₹129.90 Cr56.6%
HDFC Dividend Yield Fund Direct Growth

Very High Risk

0.6%1.0%₹5144.72 Cr47.9%
HDFC Low Duration Fund Direct Growth

Low to Moderate Risk

0.5%0.0%₹17516.30 Cr7.8%
HDFC Arbitrage Fund Direct Growth

Low Risk

0.4%0.0%₹12297.96 Cr8.4%
HDFC Capital Builder Value Fund Direct Growth

Very High Risk

1.0%1.0%₹6823.27 Cr46.0%

Risk Level

Your principal amount will be at Moderate Risk

Moderate Risk
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The NAV of HDFC Ultra Short Term Fund Direct Growth, as of 11-Jun-2024, is ₹14.30.
The fund has generated 7.53% over the last 1 year and 5.90% over the last 3 years. However, this does not guarantee that the fund will perform similarly in the future.
The fund's allocation of assets is distributed as 0.00% in equities, 42.47% in bonds, and 57.30% in cash and cash equivalents.
The fund managers responsible for HDFC Ultra Short Term Fund Direct Growth are:-
  1. Anil Bamboli
  2. Vikash Agarwal
  3. Dhruv Muchhal