GMP IPO Watch
Debt Scheme - Ultra Short Duration Fund
Aditya Birla Sun Life Ultra Short Term Fund
Direct Plan · GROWTH · Aditya Birla Sun Life Mutual Fund
Risk: Moderate Risk
★★★★★
Morningstar
52W Low ₹571.74 4 Nov 2025
52W High ₹608.32 4 Nov 2026
₹608.3152
NAV as of 4 Nov 2026
+0.03% day change
Other Plans of This Fund
ISININF209K01UR9
Scheme Code119501
StructureOpen Ended Schemes
Fund HouseAditya Birla Sun Life AMC Limited
AUM (avg. July - September 2026)₹11,160.9 Cr
Expense Ratio (as of 22 Oct 2026)0.32%
Min. Investment₹5,000
Inception Date19 Nov 2001
BenchmarkNIFTY Ultra Short Duration Debt Index A-I · NA
Portfolio Turnover178.23%
NFO Period2001-11-19T00:00:00.000 – 2001-11-26T00:00:00.000
Returns
1Y
+6.40%
3Y
+7.41%
5Y
+6.82%
7Y
+6.52%
10Y
+6.95%
Since Inception
+7.65%
Annualised (CAGR) returns for periods over a year.
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Rank in Category
| Period | This Fund | Category Avg. | Rank |
|---|---|---|---|
| 1W | +0.17% | +0.13% | 3 of 27 |
| 1M | +0.44% | +0.27% | 3 of 27 |
| 3M | +1.45% | +0.94% | 6 of 26 |
| 6M | +3.31% | +2.24% | 4 of 26 |
| YTD | +5.38% | +3.56% | 7 of 27 |
| 1Y | +6.40% | +4.24% | 7 of 26 |
| 2Y | +7.16% | +4.73% | 3 of 25 |
| 3Y | +7.41% | +4.79% | 2 of 24 |
| 5Y | +6.82% | +4.44% | 3 of 23 |
| 7Y | +6.52% | +3.92% | 2 of 19 |
| 10Y | +6.95% | +3.93% | 1 of 11 |
| INCEPTION | +7.65% | — | — |
Ranked among: Debt Scheme - Ultra Short Duration Fund.
Rolling Returns
| Period | Average | Best | Worst | Positive Periods | Consistency |
|---|---|---|---|---|---|
| 3M | +1.88% | +3.92% | +0.16% | 100% | 41% |
| 6M | +3.77% | +5.72% | +1.71% | 100% | 41% |
| 1Y | +7.65% | +10.82% | +3.82% | 100% | 43% |
| 2Y | +7.59% | +10.16% | +4.27% | 100% | 43% |
| 3Y | +7.48% | +9.88% | +5.18% | 100% | 43% |
| 5Y | +7.29% | +9.03% | +6.24% | 100% | 43% |
| 7Y | +7.31% | +8.83% | +6.51% | 100% | 43% |
| 10Y | +7.38% | +7.75% | +6.94% | 100% | 43% |
Rolling returns show the average, best and worst outcome an investor would have seen entering at any point in the window.
NAV History
AUM Trend (₹ Cr, quarterly average)
Expense Ratio Trend
Portfolio · Sep 2026
Asset Allocation
- Equity0.00%
- Debt102.24%
- Cash-2.30%
- Other0.06%
Market Cap Split
- Large Cap0.00%
- Mid Cap0.00%
- Small Cap0.00%
- Others100.00%
Holdings137
Top 5 Stocks0.00%
Top 10 Stocks0.00%
Top 3 Sectors0.00%
Holdings · Sep 2026
| Holding | Sector | Weight | Change (1M) |
|---|---|---|---|
| National Bank for Agriculture and Rural Development (17/02/2027) ** | Money Market | 5.98% | +0.83% |
| National Bank for Agriculture and Rural Development (18/03/2027) | Money Market | 4.55% | +0.63% |
| IndusInd Bank Ltd. (14/12/2026) ** | Money Market | 4.39% | +0.48% |
| 8.90% Shriram Finance Ltd. (02/09/2027) ** | Debt | 3.25% | +0.43% |
| 9.45% Vedanta Ltd. (05/06/2028) ** | Debt | 2.76% | +0.37% |
| 7.30% Bharti Telecom Ltd. (01/12/2027) ** | Debt | 2.43% | +0.33% |
| HDFC Bank Ltd. (09/03/2027) ** | Money Market | 2.15% | -0.16% |
| 8.05% Muthoot Finance Ltd. (25/11/2027) | Debt | 1.98% | +0.26% |
| 7.99% Mankind Pharma Ltd. (16/10/2026) ** | Debt | 1.97% | +0.27% |
| 8.80% Avanse Financial Services Ltd. (29/10/2027) ** | Debt | 1.83% | +0.25% |
| 8.45% Adani Airport Holdings Ltd. (12/02/2029) ** | Debt | 1.82% | +0.24% |
| AU Small Finance Bank Ltd. (27/01/2027) ** | Money Market | 1.80% | +0.25% |
| Export-Import Bank of India (01/03/2027) ** | Money Market | 1.79% | +0.25% |
| 8.75% Piramal Finance Ltd. (29/10/2027) ** | Debt | 1.72% | +0.23% |
| 7.09% ICICI Home Finance Co. Ltd. (12/11/2027) (FRN) ** | Debt | 1.65% | +0.22% |
View all 138 holdings
| 364 DAY T-BILL 02.10.26 | Money Market | 1.54% | +0.22% |
| 9.25% SK Finance Ltd. (10/10/2027) ** | Debt | 1.53% | +0.20% |
| 8.29% Godrej Industries Ltd. (26/02/2027) ** | Debt | 1.48% | +0.20% |
| 8.65% Muthoot Finance Ltd. (31/01/2028) ** | Debt | 1.44% | +0.19% |
| 9.00% Hinduja Leyland Finance Ltd. (14/11/2027) ** | Debt | 1.44% | +0.19% |
| 7.75% Bharti Telecom Ltd. (29/02/2028) ** | Debt | 1.25% | +0.17% |
| IndusInd Bank Ltd. (18/12/2026) ** | Money Market | 1.21% | +0.17% |
| 8.39% JSW Steel Ltd. (13/05/2027) ** | Debt | 1.20% | +0.17% |
| 8.52% Muthoot Finance Ltd. (07/04/2028) ** | Debt | 1.19% | +0.16% |
| Godrej Housing Finance Ltd. (25/02/2027) ** | Money Market | 1.19% | +0.16% |
| Jubilant Bevco Ltd. (31/05/2028) (ZCB) | Debt | 1.18% | +0.16% |
| AU Small Finance Bank Ltd. (26/08/2027) ** | Money Market | 1.15% | +0.16% |
| 8.30% Godrej Properties Ltd. (19/03/2027) ** | Debt | 1.14% | +0.15% |
| Punjab National Bank (18/03/2027) ** | Money Market | 1.04% | +0.14% |
| 7.42% Mahindra Rural Housing Finance Ltd. (23/02/2028) ** | Debt | 0.99% | +0.13% |
| 6.96% Mindspace Business Parks Reit (08/12/2028) ** | Debt | 0.98% | +0.13% |
| 9.40% 360 One Prime Ltd. (04/03/2027) | Debt | 0.92% | +0.12% |
| 9.15% Piramal Finance Ltd. (17/06/2027) ** | Debt | 0.92% | +0.12% |
| 7.30% SPR Auto Technologies Ltd. (23/08/2027) ** | Debt | 0.92% | +0.13% |
| 5.02% GMR Airports Ltd. (09/09/2029) ** | Debt | 0.92% | — |
| 7.00% Mindspace Business Parks Reit (14/09/2027) ** | Debt | 0.92% | +0.13% |
| 7.45% Torrent Pharmaceuticals Ltd. (19/01/2028) ** | Debt | 0.91% | +0.12% |
| 6.73% Power Finance Corporation Ltd. (15/10/2027) ** | Debt | 0.91% | +0.12% |
| 7.35% SPR Auto Technologies Ltd. (23/02/2028) ** | Debt | 0.91% | +0.12% |
| IndusInd Bank Ltd. (11/12/2026) ** | Money Market | 0.91% | -0.94% |
| Bank of Baroda (25/01/2027) | Money Market | 0.90% | +0.12% |
| Bank of Baroda (03/02/2027) ** | Money Market | 0.90% | +0.13% |
| Small Industries Development Bank of India (11/06/2027) | Money Market | 0.88% | +0.63% |
| 9.31% Vedanta Ltd. (03/12/2027) ** | Debt | 0.84% | +0.11% |
| 8.40% Cholamandalam Investment & Finance Co. Ltd. (18/09/2027) ** | Debt | 0.77% | +0.10% |
| 8.85% Hinduja Housing Finance Ltd. (01/01/2027) ** | Debt | 0.77% | +0.10% |
| 8.09% Can Fin Homes Ltd. (04/01/2027) ** | Debt | 0.77% | +0.10% |
| SDL GJ 6.04% 2026 | Debt | 0.77% | +0.11% |
| 7.20% Knowledge Realty Trust (26/09/2028) ** | Debt | 0.75% | +0.10% |
| Small Industries Development Bank of India (14/01/2027) ** | Money Market | 0.75% | +0.10% |
| Canara Bank (02/02/2027) ** | Money Market | 0.75% | +0.10% |
| JTPM Metal Traders Ltd. (29/09/2028) (ZCB) ** | Debt | 0.70% | +0.10% |
| 5.49% Adani Airport Holdings Ltd. (08/09/2028) ** | Debt | 0.69% | +0.07% |
| Axis Bank Ltd. (14/01/2027) ** | Money Market | 0.69% | +0.09% |
| Government of India (04/10/2028) (FRB) | Debt | 0.63% | +0.08% |
| 8.40% Godrej Properties Ltd. (25/01/2028) ** | Debt | 0.62% | +0.09% |
| 8.50% Nirma Ltd. (07/04/2027) ** | Debt | 0.62% | +0.09% |
| 8.00% Tata Motors Ltd. (30/12/2026) ** | Debt | 0.62% | +0.09% |
| 9.40% Arka Fincap Ltd. (19/02/2027) ** | Debt | 0.62% | +0.09% |
| 8.35% SMFG India Home Finance Co. Ltd. (15/01/2027) ** | Debt | 0.61% | +0.08% |
| CIFCL MARKET LKD 2029 | Debt | 0.61% | +0.08% |
| Godrej Housing Finance Ltd. (24/02/2027) ** | Money Market | 0.60% | +0.09% |
| Bank of Baroda (11/01/2027) | Money Market | 0.60% | +0.08% |
| Indian Bank (29/01/2027) ** | Money Market | 0.60% | +0.08% |
| National Bank for Agriculture and Rural Development (27/01/2027) ** | Money Market | 0.60% | +0.08% |
| Small Industries Development Bank of India (18/02/2027) ** | Money Market | 0.60% | +0.09% |
| RECL-8.09%-21-3-28-PVT | Debt | 0.53% | +0.07% |
| 7.85% Muthoot Finance Ltd. (22/02/2029) ** | Debt | 0.48% | +0.06% |
| 8.32% Hero Housing Finance Ltd. (29/04/2027) ** | Debt | 0.46% | +0.06% |
| 7.59% GIC Housing Finance Ltd. (10/06/2027) ** | Debt | 0.46% | +0.06% |
| Bank of Baroda (15/12/2026) ** | Money Market | 0.45% | +0.06% |
| Axis Bank Ltd. (13/01/2027) ** | Money Market | 0.45% | +0.06% |
| 8.15% GIC Housing Finance Ltd. (28/01/2028) ** | Debt | 0.42% | +0.05% |
| Corporate Debt Mkt Devp. Fund-A2 | Debt | 0.42% | +0.06% |
| 9.75% Nuvama Wealth Finance Ltd. (16/04/2027) ** | Debt | 0.40% | +0.05% |
| 8.20% Adani Power Ltd. (25/01/2029) ** | Debt | 0.40% | +0.06% |
| Bank of Baroda (06/01/2027) ** | Money Market | 0.39% | +0.05% |
| State Government Securities (01/03/2027) | Debt | 0.37% | +0.05% |
| 7.25% RJ Corp Ltd. (08/12/2028) ** | Debt | 0.32% | +0.04% |
| State Government Securities (12/09/2028) | Debt | 0.32% | +0.05% |
| 7.69% LIC Housing Finance Ltd. (11/12/2026) ** | Debt | 0.31% | +0.04% |
| 7.90% Aditya Birla Housing Finance Ltd. (08/06/2027) ** | Debt | 0.31% | +0.04% |
| 7.45% Torrent Power Ltd. (11/03/2027) ** | Debt | 0.31% | +0.04% |
| 8.10% Godrej Industries Ltd. (22/05/2028) ** | Debt | 0.31% | +0.05% |
| 818TN2028 | Debt | 0.31% | +0.04% |
| SDL RJ 6.48% 2027 | Debt | 0.31% | +0.04% |
| 91TB121126 | Money Market | 0.31% | +0.05% |
| 668GOI2031 | Debt | 0.30% | — |
| Tata Teleservices (Maharastra) Ltd. (17/11/2026) ** | Money Market | 0.30% | +0.04% |
| Axis Bank Ltd. (27/11/2026) ** | Money Market | 0.30% | -1.53% |
| National Bank for Agriculture and Rural Development (22/01/2027) ** | Money Market | 0.30% | +0.04% |
| IndusInd Bank Ltd. (22/01/2027) ** | Money Market | 0.30% | +0.04% |
| Indian Bank (05/02/2027) ** | Money Market | 0.30% | +0.04% |
| The Federal Bank Ltd. (17/02/2027) ** | Money Market | 0.30% | +0.04% |
| Yes Bank Ltd. (25/03/2027) ** | Money Market | 0.30% | +0.04% |
| 8.65% Bharti Telecom Ltd. (05/11/2027) ** | Debt | 0.28% | +0.04% |
| State Government Securities (04/07/2028) | Debt | 0.28% | +0.03% |
| 8.01% REC Ltd. (24/03/2028) ** | Debt | 0.25% | +0.04% |
| 8.42% Godrej Industries Ltd. (27/12/2027) ** | Debt | 0.25% | +0.04% |
| 8.30% Torrent Power Ltd. (02/06/2027) ** | Debt | 0.22% | +0.03% |
| SDL BR 6.45% 2027 | Debt | 0.18% | +0.02% |
| Export-Import Bank of India (14/12/2026) ** | Money Market | 0.18% | -1.65% |
| 850GJSDL28 | Debt | 0.16% | +0.02% |
| 8.40% Torrent Power Ltd. (18/01/2027) ** | Debt | 0.15% | +0.02% |
| 7.97% Mankind Pharma Ltd. (16/11/2027) ** | Debt | 0.15% | +0.02% |
| 6.37% REC Ltd. (31/03/2027) ** | Debt | 0.15% | +0.02% |
| Indian Bank (30/10/2026) ** | Money Market | 0.15% | +0.02% |
| Indian Bank (15/12/2026) ** | Money Market | 0.15% | +0.02% |
| Canara Bank (08/01/2027) | Money Market | 0.15% | +0.02% |
| Kotak Mahindra Bank Ltd. (29/01/2027) ** | Money Market | 0.15% | +0.02% |
| Canara Bank (28/01/2027) | Money Market | 0.15% | +0.02% |
| HDFC Bank Ltd. (15/02/2027) ** | Money Market | 0.15% | +0.02% |
| HDFC Bank Ltd. (12/03/2027) ** | Money Market | 0.15% | +0.02% |
| The Federal Bank Ltd. (09/06/2027) ** | Money Market | 0.15% | +0.02% |
| GS15OCT26C | Money Market | 0.15% | +0.02% |
| Jubilant Beverages Ltd. (31/05/2028) (ZCB) ** | Debt | 0.14% | +0.02% |
| GS15APR28C | Money Market | 0.14% | +0.02% |
| 8.56% REC Ltd. (29/11/2028) ** | Debt | 0.13% | +0.02% |
| GS15OCT28C | Money Market | 0.13% | +0.01% |
| State Government Securities (14/12/2026) | Debt | 0.12% | +0.01% |
| State Government Securities (14/12/2026) | Debt | 0.12% | +0.01% |
| 2.97% JM Financial Products Ltd. (16/11/2026) ** | Debt | 0.10% | +0.01% |
| 7.96% Pipeline Infrastructure Pvt Ltd. (11/03/2027) ** | Debt | 0.09% | +0.01% |
| 7.48% National Bank for Agriculture and Rural Development (15/09/2028) | Debt | 0.09% | -0.52% |
| State Government Securities (23/11/2026) | Debt | 0.09% | +0.01% |
| State Government Securities (27/06/2028) | Debt | 0.06% | +0.01% |
| 853RJSDL28 | Debt | 0.06% | +0.01% |
| State Government Securities (07/03/2028) | Debt | 0.06% | +0.01% |
| State Government Securities (27/03/2028) | Debt | 0.06% | +0.01% |
| State Government Securities (28/12/2026) | Debt | 0.06% | +0.01% |
| SDL MH 6.97% 2028 | Debt | 0.06% | +0.01% |
| State Government Securities (31/01/2028) | Debt | 0.03% | +0.00% |
| State Government Securities (28/12/2026) | Debt | 0.03% | +0.00% |
| State Government Securities (23/11/2026) | Debt | 0.03% | +0.00% |
| SDL AP 6.55% 2028 | Debt | 0.03% | +0.00% |
| SDL CG 6.62% 2028 | Debt | 0.03% | +0.00% |
| 7.70% National Bank for Agriculture and Rural Development (30/09/2027) | Debt | 0.02% | +0.00% |
| Net Receivable / Payable | Net Current Assets | -2.30% | — |
Risk Metrics
Standard Deviation
| Period | Fund | Category | |
|---|---|---|---|
| 1Y | 0.50 | 0.63 | Low Volatility |
| 3Y | 0.43 | 0.55 | Low Volatility |
| 5Y | 0.42 | 0.53 | Low Volatility |
What is this?
Annualized population standard deviation of daily denomination-adjusted NAV returns, multiplied by sqrt(252). Values require a full timeframe of NAV history.
Sharpe Ratio
| Period | Fund | Category | |
|---|---|---|---|
| 1Y | 0.82 | -14.14 | Above Average |
| 3Y | 3.04 | -8.30 | Above Average |
| 5Y | 1.85 | -6.32 | Above Average |
What is this?
Annualized Sharpe ratio calculated from month-end NAV returns using the latest available FBIL Overnight MIBOR rate as the risk-free rate. For schemes with less than three years of history, the 3Y value uses since-inception data. Applied risk-free rate: 5.73% (published 2026-10-28).
Sortino Ratio
| Period | Fund | Category | |
|---|---|---|---|
| 1Y | 35.54 | 27.57 | Above Average |
| 3Y | 68.52 | 53.32 | Above Average |
| 5Y | 43.91 | 39.63 | Above Average |
What is this?
Annualized from daily NAV returns using a 0.00% minimum acceptable return; downside deviation includes only returns below this target.
Beta
| Period | Fund | Category | |
|---|---|---|---|
| 1Y | 1.32 | 1.23 | Poor Risk Adjusted Returns |
| 3Y | 1.25 | 1.08 | Poor Risk Adjusted Returns |
| 5Y | 1.24 | 1.07 | Poor Risk Adjusted Returns |
What is this?
This value gives idea about how volatile fund performance has been compared to similar funds in the market. Lower beta implies the fund gives more predictable performance compared to similar funds in the market.
Compare With Peers
| Scheme | 1Y | 3Y | 5Y | Since Inception |
|---|---|---|---|---|
|
Mirae Asset Ultra Short-Term Fund
Direct Plan · Growth
|
+6.55% | +7.35% | +6.75% | +6.20% |
|
Franklin India Ultra Short Term Fund
Direct Plan · Growth
|
+6.31% | — | — | +7.07% |
|
Baroda BNP Paribas Ultra Short Term Fund
Regular Plan · Growth Option
|
+6.24% | +6.95% | +6.51% | +6.30% |
|
HSBC Ultra Short Term Fund
Regular plan · Growth
|
+6.22% | +6.91% | +6.35% | +5.84% |
|
HDFC Ultra Short Term Fund
Direct Plan · Growth Option
|
+6.17% | +7.14% | +6.60% | +6.61% |
|
BANDHAN ULTRA SHORT TERM FUND
Regular Plan · Growth
|
+6.13% | +6.88% | +6.31% | +6.22% |
|
SBI ULTRA SHORT TERM FUND
Regular Plan · Growth
|
+6.10% | +6.88% | +6.31% | +7.12% |
|
Nippon India Ultra Short Term Fund
Regular Plan · Growth Option
|
+6.04% | +6.72% | +6.21% | +5.77% |
|
Invesco India Ultra Short Term Fund
Regular Plan · Growth
|
+6.01% | +6.81% | +6.13% | +6.99% |
|
Kotak Ultra Short Term Fund
Regular Plan · Growth
|
+5.80% | +6.65% | +6.15% | +7.28% |
More From Aditya Birla Sun Life AMC Limited
| Scheme | 1Y | 3Y | 5Y | Since Inception |
|---|---|---|---|---|
| Aditya Birla Sun Life Silver ETF | +26.41% | +36.60% | — | +25.53% |
|
Aditya Birla Sun Life Silver ETF FOF
Direct Plan · GROWTH
|
+25.00% | +35.44% | — | +24.57% |
| Aditya Birla Sun Life Gold ETF | +17.03% | +31.14% | +23.34% | +11.72% |
|
Aditya Birla Sun Life Pharma and Healthcare Fund
Direct Plan · GROWTH
|
+16.81% | +21.46% | +15.26% | +20.88% |
|
Aditya Birla Sun Life Gold Fund
Direct Plan · GROWTH
|
+16.51% | +31.04% | +23.25% | +10.51% |
|
Aditya Birla Sun Life US Equity Passive FOF
Direct Plan · GROWTH
|
+15.78% | +28.35% | — | +17.03% |
|
Aditya Birla Sun Life Manufacturing Equity Fund
Direct Plan · GROWTH
|
+15.39% | +20.75% | +14.85% | +13.15% |
|
Aditya Birla Sun Life Nifty India Defence Index Fund
Direct Plan · IDCW Payout
|
+13.94% | — | — | +13.69% |
|
Aditya Birla Sun Life Global Excellence Equity Fund Of Fund
Direct plan · IDCW
|
+13.60% | +20.83% | +12.07% | +9.04% |
| Aditya Birla Sun Life Nifty Healthcare ETF | +13.45% | +21.49% | +14.72% | +14.59% |
About This Scheme
Investment Objective
Generate regular Income through investments in debt and money market instruments.
Stated Asset Allocation
Under normal circumstances, the asset allocation of the Scheme will be as follows: Instruments - Risk Profile - Range Debt & Money Market Instruments - Low to Medium - 100%
Exit Load
Nil
Fund Managers
Ms. Monika Gandhi
Comanage
Official Documents
Scheme Information Document (PDF)
Scheme Summary (PDF)
Scheme Summary (XLS)
Aditya Birla Sun Life AMC Limited website
Mutual fund investments are subject to market risks. Read all scheme related documents carefully. Past performance is not indicative of future returns. Data is sourced from AMFI and fund houses via FinAPI and may lag official figures.