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 - Institutional 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. Worst 5-year drawdown: 0.4%. 5-year CAGR: 0.03%.

Fidelity

Fidelity Ultra Short Term Debt Fund - Institutional 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%	+6.99%	-6.97	75 / 763	Q1
1W	-0.01%	+6.38%	-6.38	286 / 722	Q2
2W	-0.02%	+6.63%	-6.65	299 / 725	Q2
1M	-0.01%	+6.29%	-6.30	342 / 752	Q2
3M	+0.14%	+7.87%	-7.72	364 / 728	Q2
6M	+0.14%	+9.67%	-9.53	400 / 642	Q3
YTD	+0.01%	+8.47%	-8.46	408 / 666	Q3
1Y	+0.18%	+13.70%	-13.51	373 / 591	Q3
2Y	+0.11%	-5.03%	+5.14	113 / 197	Q3
3Y	+0.05%	-3.09%	+3.14	81 / 140	Q3
4Y	+0.01%	+1.62%	-1.61	78 / 119	Q3
5Y	+0.03%	-0.16%	+0.18	64 / 102	Q3
7Y	—	—	—	—	—
10Y	—	—	—	—	—
Inception	+0.04%	-3.28%	+3.32	417 / 797	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	+0.01%	-0.30%	+0.31	63 / 113
2011	+0.07%	+1.75%	-1.68	60 / 109
2010	+0.05%	-0.95%	+1.00	105 / 165
2009	-0.06%	-0.31%	+0.25	311 / 482
2008	+0.03%	-5.54%	+5.57	158 / 250
2007	—	—	—	—

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%

51 windows

min -0.2% · max 0.2%

65% positive

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

3-Year rolling

+0.01%

27 windows

min 0.0% · max 0.1%

59% positive

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

5-Year rolling

+0.03%

3 windows

min 0.0% · max 0.0%

100% positive

Limited basis — fund is young, so this average may be skewed by which 5Y windows happen to be available.

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

-0.35%

Apr 2012 → Jun 2012

% positive months

61.1%

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	₹10.0235
21 Nov 2012	₹10.0214
20 Nov 2012	₹10.0195
19 Nov 2012	₹10.0325
16 Nov 2012	₹10.0260
15 Nov 2012	₹10.0242
12 Nov 2012	₹10.0335
9 Nov 2012	₹10.0273
8 Nov 2012	₹10.0250
7 Nov 2012	₹10.0229

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 - Institutional Plan - Weekly Dividend Option is a Income from Fidelity (Institutional 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 - Institutional Plan - Weekly Dividend Option has NAV history starting from 21 Sep 2007, a track record of about 18 years 8 months. 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 - Institutional 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 - Institutional Plan - Weekly Dividend Option has delivered a absolute return of 0.18% — -13.51 pp behind the Income category average of 13.70%. The fund ranks #373 of 591 in its category — the third (Q3) quartile.

Over the trailing 3-year window, Fidelity Ultra Short Term Debt Fund - Institutional Plan - Weekly Dividend Option has delivered a CAGR of 0.05% — +3.14 pp ahead of the Income category average of -3.09%. The fund ranks #81 of 140 in its category — the third (Q3) quartile.

Over the trailing 5-year window, Fidelity Ultra Short Term Debt Fund - Institutional Plan - Weekly Dividend Option has delivered a CAGR of 0.03% — +0.18 pp ahead of the Income category average of -0.16%. The fund ranks #64 of 102 in its category — the third (Q3) quartile.

₹1 lakh invested in Fidelity Ultra Short Term Debt Fund - Institutional Plan - Weekly Dividend Option exactly 5 years ago would be worth approximately ₹100,144 today — a multiplier of 1.00×, based on the 5-year CAGR of 0.03%. The category average over the same window would have grown ₹1 lakh to ₹99,222.

A ₹10,000 monthly SIP in Fidelity Ultra Short Term Debt Fund - Institutional Plan - Weekly Dividend Option over the last 5 years — total invested ₹600,000 — would be worth ₹600,858 today. That's an XIRR (money-weighted annualised return) of 0.06%.

Fidelity Ultra Short Term Debt Fund - Institutional Plan - Weekly Dividend Option doesn't yet have 10 years of NAVs. Over the longest available window (5-year SIP), ₹10,000/month would have grown to ₹600,858 — XIRR 0.06%.

On a 5-year basis, Fidelity Ultra Short Term Debt Fund - Institutional Plan - Weekly Dividend Option ranks #64 out of 102 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 -0.16%; this fund delivered 0.03%.

The worst peak-to-trough decline Fidelity Ultra Short Term Debt Fund - Institutional Plan - Weekly Dividend Option has experienced over the last 5-year window is 0.35% — its NAV fell from a high on 03 Apr 2012 to a low on 19 Jun 2012. Drawdown is a useful gauge of how much short-term pain you'd have endured to capture the long-term return.

Across all 5-year rolling windows, Fidelity Ultra Short Term Debt Fund - Institutional Plan - Weekly Dividend Option averaged 0.03% (best 0.04%, worst 0.03%). 100% of rolling windows ended positive.

In calendar year 2011, Fidelity Ultra Short Term Debt Fund - Institutional Plan - Weekly Dividend Option returned 0.07% — lagging the Income category average of 1.75% by 1.68 pp. It ranked #60 of 109 in its category that year.

Fidelity Ultra Short Term Debt Fund - Institutional 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 - Institutional 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. Worst 5-year drawdown: 0.4%. 5-year CAGR: 0.03%.

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