GMP IPO Watch
Debt Scheme - Ultra Short Duration Fund
Tata Ultra Short Term Fund
Regular Plan · Monthly Reinvestment of Income Distribution cum capital withdrawal option · Tata Mutual Fund
Risk: Moderate Risk
★★★★★
Morningstar
52W Low ₹14.46 3 Nov 2025
52W High ₹15.32 3 Nov 2026
₹15.3245
NAV as of 3 Nov 2026
+0.03% day change
Other Plans of This Fund
Direct Plan · Growth Option
Direct Plan · Monthly Payout of Income Distribution cum capital withdrawal option
Direct Plan · Monthly Reinvestment of Income Distribution cum capital withdrawal option
Direct Plan · Weekly Payout of Income Distribution cum capital withdrawal option
Direct Plan · Weekly Reinvestment of Income Distribution cum capital withdrawal option
Regular Plan · Growth Option
Regular Plan · Monthly Reinvestment of Income Distribution cum capital withdrawal option
Regular Plan · Weekly Payout of Income Distribution cum capital withdrawal option
Regular Plan · Weekly Reinvestment of Income Distribution cum capital withdrawal option
ISININF277K018S7
Scheme Code146073
StructureOpen Ended Schemes
Fund HouseTata Asset Management Private Limited
AUM (avg. July - September 2026)₹0.53 Cr
Expense Ratio (as of 29 Oct 2026)1.11%
Min. InvestmentRs 5,000/- and in multiple of Re.1/- thereafter
Inception Date11 Jan 2019
BenchmarkCRISIL Ultra Short Duration Debt A-I Index
Portfolio Turnover473.30%
NFO Period11-Jan-2019 – 21-Jan-2019
Returns
1Y
+5.98%
3Y
+6.55%
5Y
+5.95%
7Y
+5.43%
Since Inception
+5.64%
Annualised (CAGR) returns for periods over a year.
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Rank in Category
| Period | This Fund | Category Avg. | Rank |
|---|---|---|---|
| 1W | +0.14% | +0.11% | 24 of 27 |
| 1M | +0.37% | +0.25% | 27 of 27 |
| 3M | +1.37% | +0.93% | 25 of 26 |
| 6M | +3.11% | +2.28% | 26 of 26 |
| YTD | +5.07% | +3.53% | 26 of 27 |
| 1Y | +5.98% | +4.22% | 25 of 26 |
| 2Y | +6.38% | +4.73% | 24 of 25 |
| 3Y | +6.55% | +4.79% | 23 of 24 |
| 5Y | +5.95% | +4.43% | 22 of 23 |
| 7Y | +5.43% | +3.91% | 18 of 19 |
| INCEPTION | +5.64% | — | — |
Ranked among: Debt Scheme - Ultra Short Duration Fund.
Rolling Returns
| Period | Average | Best | Worst | Positive Periods | Consistency |
|---|---|---|---|---|---|
| 3M | +1.38% | +2.72% | +0.39% | 100% | 40% |
| 6M | +2.76% | +3.96% | +1.37% | 100% | 41% |
| 1Y | +5.49% | +7.37% | +2.97% | 100% | 42% |
| 2Y | +5.38% | +6.99% | +3.23% | 100% | 42% |
| 3Y | +5.34% | +6.75% | +3.97% | 100% | 42% |
| 5Y | +5.34% | +5.95% | +5.04% | 100% | 42% |
| 7Y | +5.51% | +5.57% | +5.43% | 100% | 42% |
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%
- Debt96.46%
- Cash3.26%
- Other0.28%
Market Cap Split
- Large Cap0.00%
- Mid Cap0.00%
- Small Cap0.00%
- Others100.00%
Holdings47
Top 5 Stocks0.00%
Top 10 Stocks0.00%
Top 3 Sectors0.00%
Holdings · Sep 2026
| Holding | Sector | Weight | Change (1M) |
|---|---|---|---|
| ** - HDFC BANK LTD - CD - 15/01/2027 | Money Market | 9.98% | — |
| 91TB051126 | SOV | 5.06% | — |
| ** - CANARA BANK - CD - 04/03/2027 | Money Market | 4.95% | — |
| ** 07.80 % NABARD - 15/03/2027 | Debt | 4.63% | -3.55% |
| ** - YES BANK LTD - CD - 05/03/2027 | Money Market | 4.49% | +1.14% |
| ** - UJJIVAN SMALL FINANCE BANK LTD - CD - 18/03/2027 | Money Market | 4.02% | +0.69% |
| ** - SMALL INDUST DEVLOP BANK OF INDIA - CD - 11/06/2027 | Money Market | 3.96% | — |
| IRS - SW202504170000013 | Derivatives | 3.70% | +0.62% |
| IRS - SW202604170000011 | Derivatives | 3.70% | +0.62% |
| ** - EQUITAS SMALL FINANCE BANK LTD - CD - 11/03/2027 | Money Market | 3.57% | +0.61% |
| (I) TREPS | Reverse Repo / TREPS | 3.24% | — |
| IRS - SW202604170000017 | Derivatives | 3.23% | +0.54% |
| ** - CANARA BANK - CD - 28/01/2027 | Money Market | 3.17% | — |
| ** 08.00 % ADANI POWER LTD - 27/01/2028 | Debt | 2.76% | +0.46% |
| ** - GIC HOUSING FINANCE LTD - CP - 28/01/2027 | Money Market | 2.71% | +0.47% |
View all 59 holdings
| ** 07.95 % REC LTD - 12/03/2027 | Debt | 2.69% | — |
| ** - IIFL FINANCE LTD - CP - 26/02/2027 | Money Market | 2.68% | — |
| ** 07.71 % REC LTD - 26/02/2027 | Debt | 2.32% | — |
| ** - PUNJAB NATIONAL BANK - CD - 05/02/2027 | Money Market | 2.26% | — |
| ** - FEDERAL BANK LTD - CD - 09/06/2027 | Money Market | 2.20% | -1.08% |
| LGS18-8.83%-20-5-28-PTC | Debt | 2.18% | +0.33% |
| ** 08.05 % MUTHOOT FINANCE LTD - 25/11/2027 | Debt | 1.93% | +0.02% |
| ** 360 ONE PRIME LTD - 25/07/2028 - FRB | Debt | 1.86% | +0.32% |
| ** 07.83 % INDIAN RAILWAYS FINANCE CORPORATION LTD - 19/03/2027 | Debt | 1.86% | +0.31% |
| ** 09.15 % PIRAMAL FINANCE LTD - 17/06/2027 | Debt | 1.86% | +0.31% |
| ** 09.25 % INDOSTAR CAPITAL FINANCE LTD - 23/11/2027 | Debt | 1.85% | +0.31% |
| IRS - SW202604170000005 | Derivatives | 1.85% | +0.31% |
| IRS - SW202504170000015 | Derivatives | 1.85% | +0.31% |
| IRS - SW202604170000013 | Derivatives | 1.85% | +0.31% |
| IRS - SW202604170000007 | Derivatives | 1.85% | +0.31% |
| IRS - SW202604170000015 | Derivatives | 1.85% | +0.31% |
| ** 08.45 % ADANI AIRPORT HOLDINGS LTD . - 12/02/2029 | Debt | 1.83% | +0.31% |
| ** - MUTHOOT FINCORP - CP - 21/01/2027 | Money Market | 1.80% | +0.31% |
| ** - FEDERAL BANK LTD - CD - 04/03/2027 | Money Market | 1.80% | — |
| ** - MUTHOOT FINCORP - CP - 04/02/2027 | Money Market | 1.80% | +0.32% |
| ** 08.30 % GODREJ PROPERTIES LTD - 19/03/2027 | Debt | 1.67% | +0.28% |
| ** 08.24 % CREDILA FINANCIAL SERVICES LTD - 15/06/2027 | Debt | 1.38% | +0.23% |
| ** 08.80 % 360 ONE PRIME LTD - 18/05/2028 | Debt | 1.38% | +0.23% |
| ** 08.60 % MUTHOOT FINANCE LTD - 02/03/2028 | Debt | 1.11% | +0.19% |
| ** 08.15 % GIC HOUSING FINANCE LTD - 28/01/2028 | Debt | 1.03% | +0.17% |
| ** 07.59 % REC LTD - 31/05/2027 | Debt | 0.92% | -5.24% |
| PFC-7.44%-11-06-27-PVT | Debt | 0.92% | — |
| IRS - SW202604170000009 | Derivatives | 0.92% | +0.15% |
| ** - SMALL INDUST DEVLOP BANK OF INDIA - CD - 14/01/2027 | Money Market | 0.91% | — |
| ** - UNION BANK OF INDIA - CD - 02/03/2027 | Money Market | 0.90% | — |
| ** - PUNJAB NATIONAL BANK - CD - 09/03/2027 | Money Market | 0.90% | — |
| ** - BAJAJ HOUSING FINANCE LTD - CP - 12/03/2027 | Money Market | 0.90% | — |
| ** 09.25 % INDOSTAR CAPITAL FINANCE LTD - 24/01/2028 | Debt | 0.83% | +0.14% |
| ** 08.65 % MUTHOOT FINANCE LTD - 31/01/2028 | Debt | 0.74% | +0.12% |
| ** 09.12 % PIRAMAL FINANCE LTD - 06/08/2027 | Debt | 0.65% | +0.11% |
| ** 08.90 % MUTHOOT FINANCE LTD - 07/10/2027 | Debt | 0.46% | +0.07% |
| ** 07.84 % LIC HOUSING FINANCE LTD - 11/05/2027 | Debt | 0.46% | — |
| ** - YES BANK LTD - CD - 11/02/2027 | Money Market | 0.45% | +0.08% |
| ** - EXIM - CD - 01/03/2027 | Money Market | 0.45% | — |
| SBIMF AIF - CAT I (CDMDF)27/10/2038 | Others | 0.28% | +0.05% |
| J) REPO | Reverse Repo / TREPS | 0.20% | — |
| ** 08.75 % PIRAMAL FINANCE LTD - 29/10/2027 | Debt | 0.09% | -0.06% |
| ** 08.20 % ADANI POWER LTD - 25/01/2029 | Debt | 0.09% | +0.01% |
| NET CURRENT LIABILITIES | Net Current Assets | -0.18% | — |
Risk Metrics
Standard Deviation
| Period | Fund | Category | |
|---|---|---|---|
| 1Y | 0.44 | 0.63 | Low Volatility |
| 3Y | 0.36 | 0.55 | Low Volatility |
| 5Y | 0.35 | 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 | 0.14 | -14.55 | Above Average |
| 3Y | 1.58 | -8.67 | Above Average |
| 5Y | 0.18 | -6.62 | 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: 5.85% (published 2026-10-27).
Sortino Ratio
| Period | Fund | Category | |
|---|---|---|---|
| 1Y | 43.53 | 27.51 | Above Average |
| 3Y | 81.00 | 53.28 | Above Average |
| 5Y | 58.89 | 39.61 | 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 | 1.18 | 1.23 | Good Risk Adjusted Returns |
| 3Y | 1.05 | 1.08 | Good Risk Adjusted Returns |
| 5Y | 1.06 | 1.07 | Good 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
|
+6.53% | +7.34% | +6.74% | +6.20% |
|
Franklin India Ultra Short Term Fund
Direct Plan · Growth
|
+6.31% | — | — | +7.08% |
|
Baroda BNP Paribas Ultra Short Term Fund
Regular Plan · Growth Option
|
+6.23% | +6.95% | +6.50% | +6.30% |
|
HSBC Ultra Short Term Fund
Regular plan · Growth
|
+6.20% | +6.91% | +6.35% | +5.84% |
|
HDFC Ultra Short Term Fund
Direct Plan · Growth Option
|
+6.17% | +7.13% | +6.60% | +6.61% |
|
Aditya Birla Sun Life Ultra Short Term Fund
Regular Plan · GROWTH
|
+6.12% | +7.16% | +6.59% | +7.65% |
|
BANDHAN ULTRA SHORT TERM FUND
Regular Plan · Growth
|
+6.12% | +6.88% | +6.31% | +6.22% |
|
SBI ULTRA SHORT TERM FUND
Regular Plan · Growth
|
+6.10% | +6.87% | +6.30% | +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
|
+6.00% | +6.80% | +6.13% | +6.99% |
More From Tata Asset Management Private Limited
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|---|---|---|---|---|
|
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Direct Plan · IDCW Payout Option
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|
Tata Silver ETF Fund of Fund
Direct Plan · IDCW Reinvestment Option
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|
Tata Nifty MidSmall Healthcare Index Fund
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| Tata Gold Exchange Traded Fund | +12.63% | — | — | +31.54% |
|
Tata Gold ETF Fund of Fund
Direct Plan · IDCW Reinvestment Option
|
+12.36% | — | — | +30.26% |
|
Tata Arbitrage Fund
Direct Plan · Monthly Payout of Income Distribution cum capital withdrawal option
|
+6.93% | +7.46% | +6.97% | +5.90% |
|
Tata Liquid Fund
Direct Plan · Growth Option
|
+6.47% | +6.92% | +6.43% | +6.86% |
|
Tata Money Market Fund
Direct Plan · Growth Option
|
+6.47% | +7.44% | +6.90% | +6.76% |
|
Tata Ultra Short to Short Term Fund
Direct Plan · Periodic Payout of IDCW Option
|
+6.02% | +7.21% | +6.53% | — |
About This Scheme
Investment Objective
The investment objective of the Scheme is to generate returns through investment in Debt & Money Market instruments such that the Macaulay duration of the portfolio is between 3 months - 6 months. However, there is no assurance or guarantee that the investment objective of the Scheme will be achieved. The scheme does not assure or guarantee any returns.
Stated Asset Allocation
Debt and Money Market Instruments 0-100. Units of Fixed Income mutual funds will be considered under allocation for Debt & Debt related instruments
Exit Load
NIL
Fund Managers
FM-1 -Dhawal Joshi,FM 2 - Amit Somani
FM 1 -Primary , FM-2 - Assistant Fund Manager
Official Documents
Scheme Information Document (PDF)
Scheme Summary (PDF)
Scheme Summary (XLS)
Tata Asset Management Private 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.