Should I invest in HDFC Ultra Short Term Fund?

We don't give personal investment advice. HDFC Ultra Short Term Fund - Growth 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: 0.2%. 5-year CAGR: 6.11%.

HDFC

HDFC Ultra Short Term Fund - Growth Option

Latest NAV

₹16.1148

As of

17 Jul 2026

1,890 NAV records on file

NAV history & peer comparison

All NAVs split-adjusted and normalised to 100 at the start of the selected period, so funds with very different absolute NAV scales can be compared on one axis.

Period

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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	+0.05%	+0.04%	+0.01	2 / 6	Q2
1W	+0.10%	+0.09%	+0.01	2 / 6	Q2
2W	+0.10%	+0.09%	+0.01	2 / 6	Q2
1M	+0.63%	+0.59%	+0.04	1 / 6	Q1
3M	+1.46%	+1.45%	+0.01	3 / 6	Q2
6M	+3.14%	+3.09%	+0.05	3 / 6	Q2
YTD	+3.18%	+3.17%	+0.01	4 / 6	Q3
1Y	+5.90%	+5.77%	+0.13	4 / 6	Q3
2Y	+6.74%	+6.46%	+0.27	2 / 6	Q2
3Y	+6.88%	+6.60%	+0.28	2 / 5	Q2
4Y	+6.77%	+6.49%	+0.28	2 / 5	Q2
5Y	+6.11%	+6.03%	+0.08	2 / 4	Q2
7Y	+6.00%	+6.02%	-0.01	3 / 4	Q3
10Y	—	—	—	—	—
Inception	+6.29%	+6.43%	-0.13	4 / 6	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
2026 YTD	+3.18%	+3.17%	+0.01	4 / 6
2025	+6.92%	+6.66%	+0.26	3 / 6
2024	+7.40%	+7.04%	+0.36	2 / 5
2023	+6.92%	+6.63%	+0.29	1 / 5
2022	+4.49%	+4.31%	+0.18	3 / 5
2021	+3.52%	+4.63%	-1.11	3 / 4
2020	+6.37%	+5.83%	+0.54	2 / 4
2019	+7.75%	+7.73%	+0.02	3 / 4
2018	—	—	—	—

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

+6.14%

84 windows

min 3.3% · max 8.5%

100% positive

3-Year rolling

+5.81%

59 windows

min 4.7% · max 7.2%

100% positive

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

5-Year rolling

+5.83%

35 windows

min 5.7% · max 6.1%

100% positive

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

7-Year rolling

+6.15%

11 windows

min 6.0% · max 6.3%

100% positive

Limited basis — fund is young, so this average may be skewed by which 7Y windows happen to be available.

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

0.46%

3-year · annualised

Sharpe ratio

—

vs risk-free 6.5%

Sortino ratio

—

Downside-only deviation

Max drawdown

-0.12%

Jul 2026 → Jul 2026

% positive months

100.0%

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.

Peers in Ultra Short Duration Fund

Scheme	Fund house	NAV	As of
Nippon India Ultra Short Duration Fund- Growth Option	Nippon India	₹4,289.9521	17 Jul 2026
ICICI Prudential Ultra Short Term Fund - Growth	ICICI Prudential	₹29.5364	17 Jul 2026
Franklin India Ultra Short Duration Fund - Growth	Franklin India	₹11.3091	17 Jul 2026
PGIM India Ultra Short Duration Fund - Growth	PGIM India	₹36.0731	17 Jul 2026
Sundaram Ultra Short Duration Fund (Formerly Known as Principal Ultra Short Term Fund)-Growth Option	Sundaram	₹2,833.1302	17 Jul 2026

Recent NAVs

Date	NAV
17 Jul 2026	₹16.1148
16 Jul 2026	₹16.1066
15 Jul 2026	₹16.0987
14 Jul 2026	₹16.0950
13 Jul 2026	₹16.1038
10 Jul 2026	₹16.0985
9 Jul 2026	₹16.0937
8 Jul 2026	₹16.0842
7 Jul 2026	₹16.0953
6 Jul 2026	₹16.1031

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.

As of 17 Jul 2026, the NAV of HDFC Ultra Short Term Fund - Growth Option is ₹16.1148. It's a Ultra Short Duration Fund from HDFC, run as a Unknown plan Growth option. NAVs update once per business day from the AMFI feed.

HDFC Ultra Short Term Fund - Growth Option has NAV history starting from 25 Sep 2018, a track record of about 7 years 9 months. That's enough history to evaluate the fund across one or two market cycles. Look at rolling returns rather than point-to-point to judge consistency.

HDFC Ultra Short Term Fund - Growth Option is managed by HDFC. It's classified by AMFI under the 'Ultra Short Duration Fund' SEBI category, which determines its peer set and tax treatment.

Over the trailing 1-year window, HDFC Ultra Short Term Fund - Growth Option has delivered a absolute return of 5.90% — +0.13 pp ahead of the Ultra Short Duration Fund category average of 5.77%. The fund ranks #4 of 6 in its category — the third (Q3) quartile.

Over the trailing 3-year window, HDFC Ultra Short Term Fund - Growth Option has delivered a CAGR of 6.88% — +0.28 pp ahead of the Ultra Short Duration Fund category average of 6.60%. The fund ranks #2 of 5 in its category — the second (Q2) quartile.

Over the trailing 5-year window, HDFC Ultra Short Term Fund - Growth Option has delivered a CAGR of 6.11% — +0.08 pp ahead of the Ultra Short Duration Fund category average of 6.03%. The fund ranks #2 of 4 in its category — the second (Q2) quartile.

₹1 lakh invested in HDFC Ultra Short Term Fund - Growth Option exactly 5 years ago would be worth approximately ₹134,490 today — a multiplier of 1.34×, based on the 5-year CAGR of 6.11%. The category average over the same window would have grown ₹1 lakh to ₹133,992.

A ₹10,000 monthly SIP in HDFC Ultra Short Term Fund - Growth Option over the last 5 years — total invested ₹600,000 — would be worth ₹709,329 today. That's an XIRR (money-weighted annualised return) of 6.63%.

HDFC Ultra Short Term Fund - Growth Option doesn't yet have 10 years of NAVs. Over the longest available window (7-year SIP), ₹10,000/month would have grown to ₹1,049,252 — XIRR 6.26%.

On a 5-year basis, HDFC Ultra Short Term Fund - Growth Option ranks #2 out of 4 funds in the Ultra Short Duration Fund category — that places it in the second quartile (Q2) — above the median. The category average return over the same window is 6.03%; this fund delivered 6.11%.

The worst peak-to-trough decline HDFC Ultra Short Term Fund - Growth Option has experienced over the last 5-year window is 0.22% — its NAV fell from a high on 02 May 2022 to a low on 06 May 2022. 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, HDFC Ultra Short Term Fund - Growth Option averaged 5.83% (best 6.11%, worst 5.68%). 100% of rolling windows ended positive. The 5-year Sharpe ratio is -0.99 — negative risk-adjusted performance.

In calendar year 2025, HDFC Ultra Short Term Fund - Growth Option returned 6.92% — beating the Ultra Short Duration Fund category average of 6.66% by 0.26 pp. It ranked #3 of 6 in its category that year.

HDFC Ultra Short Term Fund - Growth 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. HDFC Ultra Short Term Fund - Growth 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: 0.2%. 5-year CAGR: 6.11%.

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

HDFC Ultra Short Term Fund - Growth Option

NAV history & peer comparison

Returns matrix

Calendar-year returns

Rolling returns

SIP returns — historical "what if"

Risk profile

Peers in Ultra Short Duration Fund

Recent NAVs

Frequently asked questions

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