Should I invest in Fidelity Ultra Short Term Debt Fund - Weekly Dividend Option?

We don't give personal investment advice. Fidelity Ultra Short Term Debt Fund - Retail Plan - Weekly Dividend Option is suitable for an investor whose:time horizon matches the fund's modified duration — short-duration funds for 1-3 year goals, long-duration for 7+ yearsprimary goal is capital preservation or steady accrual, not high growthtax slab is moderate — high-slab investors should evaluate post-tax yield against tax-free alternatives (PPF, tax-free bonds)Cross-check the numbers above against alternatives before deciding.

Fidelity

Fidelity Ultra Short Term Debt Fund - Retail Plan - Weekly Dividend Option

Returns matrix

Fund return alongside the category average and peer rank for every standard window. Returns under one year are absolute; one year and longer are compound annualised (CAGR).

Window	Fund	Category avg	+/− vs avg	Rank	Quartile
1D	+0.02%	-7.11%	+7.13	63 / 732	Q1
1W	-0.01%	-12.64%	+12.63	225 / 699	Q2
2W	-0.02%	-12.71%	+12.70	244 / 712	Q2
1M	-0.01%	-12.43%	+12.42	292 / 754	Q2
3M	0.00%	-11.47%	+11.47	361 / 740	Q2
6M	-0.02%	-9.57%	+9.55	389 / 680	Q3
YTD	-0.15%	-9.94%	+9.80	398 / 704	Q3
1Y	+0.02%	-7.10%	+7.13	345 / 627	Q3
2Y	+0.02%	-7.27%	+7.29	85 / 143	Q3
3Y	0.00%	-2.77%	+2.77	62 / 83	Q3
4Y	-0.03%	+0.17%	-0.20	59 / 70	Q4
5Y	—	—	—	—	—
7Y	—	—	—	—	—
10Y	—	—	—	—	—
Inception	+0.01%	-6.12%	+6.13	396 / 770	Q3

Quartile legend: Q1 top 25% Q2 25-50% Q3 50-75% Q4 bottom 25%

Calendar-year returns

Full-year performance vs category average. Current year is partial (year-to-date).

Year	Fund	Category avg	+/− vs avg	Rank
2012 YTD	-0.15%	+3.57%	-3.72	50 / 54
2011	+0.06%	+2.03%	-1.97	34 / 66
2010	+0.05%	-4.87%	+4.92	76 / 143
2009	-0.06%	-9.70%	+9.64	321 / 552
2008	—	—	—	—

Rolling returns

Removes start-date bias by averaging CAGR over every overlapping N-year window in the fund's history. Higher average plus tight min/max plus high "% positive" = consistent.

1-Year rolling

+0.01%

44 windows

min -0.2% · max 0.1%

61% positive

Limited basis — fund is young, so this average may be skewed by which 1Y windows happen to be available.

3-Year rolling

+0.00%

19 windows

min 0.0% · max 0.1%

53% positive

Limited basis — fund is young, so this average may be skewed by which 3Y windows happen to be available.

5-Year rolling

—

Insufficient history

7-Year rolling

—

Insufficient history

SIP returns — historical "what if"

If you had invested every month in this fund over the chosen period, this is what your investment would be worth today.

Period

Total invested

₹ —

Today's value

₹ —

XIRR

Annualised

Wealth multiplier

Period	Total invested	Today's value	XIRR	Wealth multiplier

XIRR is the annualised internal rate of return on the SIP cash flow — invariant to the monthly amount. "Today's value" and "Total invested" scale linearly with the slider. Past performance does not guarantee future returns. Excludes exit load and taxes.

Risk profile

Risk-adjusted return and volatility, computed from monthly NAV returns over the trailing 3-year and 5-year windows.

Std deviation

0.27%

3-year · annualised

Sharpe ratio

—

vs risk-free 6.5%

Sortino ratio

—

Downside-only deviation

Max drawdown

-0.36%

Apr 2012 → Jul 2012

% positive months

58.3%

Share of monthly returns > 0 over the 3-year window

Sharpe / Sortino use a risk-free rate of 6.5% (1-year T-bill proxy). Higher Sharpe = more return per unit of total risk; higher Sortino = more return per unit of downside risk.

Recent NAVs

Date	NAV
22 Nov 2012	₹10.0064
21 Nov 2012	₹10.0044
20 Nov 2012	₹10.0027
19 Nov 2012	₹10.0149
16 Nov 2012	₹10.0088
15 Nov 2012	₹10.0072
12 Nov 2012	₹10.0159
9 Nov 2012	₹10.0101
8 Nov 2012	₹10.0079
7 Nov 2012	₹10.0059

Frequently asked questions

These answers are generated from this fund's live metrics — NAV, returns, peer rank, drawdown, SIP backtest. Numbers refresh nightly after AMFI's NAV feed lands.

Fidelity Ultra Short Term Debt Fund - Retail Plan - Weekly Dividend Option is a Income from Fidelity (Retail plan, IDCW (dividend) option). Latest NAV isn't currently available in our feed — the AMC publishes it once per business day after market close.

Fidelity Ultra Short Term Debt Fund - Retail Plan - Weekly Dividend Option has NAV history starting from 13 May 2008, a track record of about 18 years. Long-tenured funds like this have weathered multiple market cycles — the 2008 crash, 2013 taper tantrum, 2020 COVID drawdown — which makes their returns more credible than a 3-year track record alone.

Fidelity Ultra Short Term Debt Fund - Retail Plan - Weekly Dividend Option is managed by Fidelity. It's classified by AMFI under the 'Income' SEBI category, which determines its peer set and tax treatment.

Over the trailing 1-year window, Fidelity Ultra Short Term Debt Fund - Retail Plan - Weekly Dividend Option has delivered a absolute return of 0.02% — +7.13 pp ahead of the Income category average of -7.10%. The fund ranks #345 of 627 in its category — the third (Q3) quartile.

Over the trailing 3-year window, Fidelity Ultra Short Term Debt Fund - Retail Plan - Weekly Dividend Option has delivered a CAGR of 0.00% — +2.77 pp ahead of the Income category average of -2.77%. The fund ranks #62 of 83 in its category — the third (Q3) quartile.

Fidelity Ultra Short Term Debt Fund - Retail Plan - Weekly Dividend Option doesn't have a complete 5-year window yet (we need at least 5 year of NAVs). Check the shorter-window returns above.

₹1 lakh invested in Fidelity Ultra Short Term Debt Fund - Retail Plan - Weekly Dividend Option exactly 3 years ago would be worth approximately ₹99,989 today — a multiplier of 1.00×, based on the 3-year CAGR of -0.00%. The category average over the same window would have grown ₹1 lakh to ₹91,921.

A ₹10,000 monthly SIP in Fidelity Ultra Short Term Debt Fund - Retail Plan - Weekly Dividend Option over the last 3 years — total invested ₹360,000 — would be worth ₹359,940 today. That's an XIRR (money-weighted annualised return) of -0.01%.

Fidelity Ultra Short Term Debt Fund - Retail Plan - Weekly Dividend Option doesn't yet have 10 years of NAVs. Over the longest available window (3-year SIP), ₹10,000/month would have grown to ₹359,940 — XIRR -0.01%.

On a 3-year basis, Fidelity Ultra Short Term Debt Fund - Retail Plan - Weekly Dividend Option ranks #62 out of 83 funds in the Income category — that places it in the third quartile (Q3) — below the median. The category average return over the same window is -2.77%; this fund delivered -0.00%.

The worst peak-to-trough decline Fidelity Ultra Short Term Debt Fund - Retail Plan - Weekly Dividend Option has experienced over the last 3-year window is 0.36% — its NAV fell from a high on 03 Apr 2012 to a low on 31 Jul 2012. Drawdown is a useful gauge of how much short-term pain you'd have endured to capture the long-term return.

Across all 3-year rolling windows, Fidelity Ultra Short Term Debt Fund - Retail Plan - Weekly Dividend Option averaged 0.00% (best 0.05%, worst -0.04%). 53% of rolling windows ended positive.

In calendar year 2011, Fidelity Ultra Short Term Debt Fund - Retail Plan - Weekly Dividend Option returned 0.06% — lagging the Income category average of 2.03% by 1.97 pp. It ranked #34 of 66 in its category that year.

Fidelity Ultra Short Term Debt Fund - Retail Plan - Weekly Dividend Option is classified as a Debt fund. For units acquired on or after 1 April 2023, all gains are taxed at your income-tax slab rate regardless of holding period — there's no LTCG concession or indexation. For pre-April-2023 units, the old rules with indexation still apply on long-term gains.

We don't give personal investment advice. Fidelity Ultra Short Term Debt Fund - Retail Plan - Weekly Dividend Option is suitable for an investor whose:

time horizon matches the fund's modified duration — short-duration funds for 1-3 year goals, long-duration for 7+ years
primary goal is capital preservation or steady accrual, not high growth
tax slab is moderate — high-slab investors should evaluate post-tax yield against tax-free alternatives (PPF, tax-free bonds)

Cross-check the numbers above against alternatives before deciding.

Educational content only — not investment advice. Tax rules summarised above reflect Budget 2024; consult a qualified adviser before transacting.