Should I invest in Motilal Oswal Ultra Short Term Fund Direct?

We don't give personal investment advice. Motilal Oswal Ultra Short Term Fund Direct - IDCW Quarterly Payout/Reinvestment 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: 1.7%. 5-year CAGR: 3.89%.

Motilal Oswal

Motilal Oswal Ultra Short Term Fund Direct - IDCW Quarterly Payout/Reinvestment

Latest NAV

₹12.2104

As of

17 Jul 2026

2,665 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	+0.04%	+0.03%	+0.01	66 / 102	Q3
1W	+0.09%	+0.08%	+0.01	50 / 102	Q2
2W	+0.14%	+0.09%	+0.04	17 / 102	Q1
1M	+0.57%	+0.21%	+0.36	33 / 101	Q2
3M	+1.52%	+0.79%	+0.73	32 / 101	Q2
6M	+1.94%	+1.49%	+0.45	35 / 101	Q2
YTD	+2.04%	+1.58%	+0.45	34 / 100	Q2
1Y	+1.82%	+2.50%	-0.68	37 / 99	Q2
2Y	+1.72%	+2.37%	-0.65	34 / 97	Q2
3Y	+3.49%	+2.28%	+1.22	28 / 95	Q2
4Y	+4.06%	+2.18%	+1.89	25 / 90	Q2
5Y	+3.89%	+2.07%	+1.82	23 / 88	Q2
7Y	+4.01%	+1.83%	+2.19	17 / 74	Q1
10Y	+1.95%	+2.04%	-0.10	12 / 36	Q2
Inception	+1.69%	+1.82%	-0.13	31 / 102	Q2

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	+2.04%	+1.02%	+1.02	21 / 80
2025	+0.00%	+1.97%	-1.97	47 / 80
2024	+4.95%	+2.28%	+2.67	23 / 80
2023	+6.93%	+2.52%	+4.40	17 / 78
2022	+4.12%	+1.51%	+2.61	22 / 86
2021	+3.15%	+1.50%	+1.65	21 / 78
2020	+4.34%	+1.97%	+2.36	23 / 81
2019	+6.18%	+1.58%	+4.59	15 / 72
2018	-10.68%	+0.60%	-11.28	45 / 49
2017	-0.13%	+1.82%	-1.95	44 / 49
2016	+1.70%	+1.85%	-0.15	10 / 40

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

+1.78%

123 windows

min -11.9% · max 7.2%

69% positive

3-Year rolling

+2.01%

99 windows

min -4.3% · max 5.9%

66% positive

5-Year rolling

+2.21%

76 windows

min -1.4% · max 5.1%

80% positive

7-Year rolling

+2.15%

50 windows

min 0.1% · max 4.2%

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

2.10%

3-year · annualised

Sharpe ratio

-1.45

vs risk-free 6.5%

Sortino ratio

-2.06

Downside-only deviation

Max drawdown

-1.73%

Dec 2024 → Dec 2024

% positive months

83.3%

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.

Peers in Ultra Short Duration Fund

Scheme	Fund house	NAV	As of
HDFC Ultra Short Term Fund - Direct Plan-Daily IDCW Option	HDFC	₹10.0920	17 Jul 2026
NIPPON INDIA ULTRA SHORT DURATION FUND - DIRECT Plan - DAILY IDCW OPTION	Nippon India	₹1,114.1500	17 Jul 2026
SBI Ultra Short Duration Fund - Direct Plan - Daily Income Distribution cum Capital Withdrawal Option (IDCW)	SBI	₹2,427.1356	17 Jul 2026
ICICI Prudential Ultra Short Term Fund - Direct Plan - Monthly IDCW	ICICI Prudential	₹10.8052	17 Jul 2026
Invesco India Ultra Short Duration Fund - Direct Plan - Annual IDCW (Payout / Reinvestment)	Invesco	₹2,193.0141	17 Jul 2026
BANDHAN ULTRA SHORT DURATION FUND - DIRECT PLAN -MONTHLY IDCW	Bandhan	₹10.0637	17 Jul 2026
Aditya Birla Sun Life Savings Fund-DIRECT - DAILY IDCW	Aditya Birla Sun Life	₹100.0000	17 Jul 2026
Motilal Oswal Ultra Short Term Fund Direct - IDCW Daily Reinvestment	Motilal Oswal	₹11.7326	17 Jul 2026
Franklin India Ultra Short Duration Fund - Direct - IDCW	Franklin India	₹10.7367	17 Jul 2026
Mirae Asset Ultra Short Duration Fund Direct IDCW	Mirae Asset	₹1,415.0742	17 Jul 2026

Recent NAVs

Date	NAV
17 Jul 2026	₹12.2104
16 Jul 2026	₹12.2055
15 Jul 2026	₹12.2015
14 Jul 2026	₹12.2003
13 Jul 2026	₹12.2036
10 Jul 2026	₹12.1999
9 Jul 2026	₹12.1975
8 Jul 2026	₹12.1916
7 Jul 2026	₹12.1946
6 Jul 2026	₹12.1983

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 Motilal Oswal Ultra Short Term Fund Direct - IDCW Quarterly Payout/Reinvestment is ₹12.2104. It's a Ultra Short Duration Fund from Motilal Oswal, run as a Direct plan IDCW (dividend) option. NAVs update once per business day from the AMFI feed.

Motilal Oswal Ultra Short Term Fund Direct - IDCW Quarterly Payout/Reinvestment has NAV history starting from 22 Aug 2014, a track record of about 11 years 10 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.

Motilal Oswal Ultra Short Term Fund Direct - IDCW Quarterly Payout/Reinvestment is managed by Motilal Oswal. 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, Motilal Oswal Ultra Short Term Fund Direct - IDCW Quarterly Payout/Reinvestment has delivered a absolute return of 1.82% — -0.68 pp behind the Ultra Short Duration Fund category average of 2.50%. The fund ranks #37 of 99 in its category — the second (Q2) quartile.

Over the trailing 3-year window, Motilal Oswal Ultra Short Term Fund Direct - IDCW Quarterly Payout/Reinvestment has delivered a CAGR of 3.49% — +1.22 pp ahead of the Ultra Short Duration Fund category average of 2.28%. The fund ranks #28 of 95 in its category — the second (Q2) quartile.

Over the trailing 5-year window, Motilal Oswal Ultra Short Term Fund Direct - IDCW Quarterly Payout/Reinvestment has delivered a CAGR of 3.89% — +1.82 pp ahead of the Ultra Short Duration Fund category average of 2.07%. The fund ranks #23 of 88 in its category — the second (Q2) quartile.

₹1 lakh invested in Motilal Oswal Ultra Short Term Fund Direct - IDCW Quarterly Payout/Reinvestment exactly 10 years ago would be worth approximately ₹121,253 today — a multiplier of 1.21×, based on the 10-year CAGR of 1.95%. The category average over the same window would have grown ₹1 lakh to ₹122,425.

A ₹10,000 monthly SIP in Motilal Oswal Ultra Short Term Fund Direct - IDCW Quarterly Payout/Reinvestment over the last 5 years — total invested ₹600,000 — would be worth ₹652,746 today. That's an XIRR (money-weighted annualised return) of 3.33%.

A ₹10,000 monthly SIP for 10 years in Motilal Oswal Ultra Short Term Fund Direct - IDCW Quarterly Payout/Reinvestment = ₹1,200,000 invested. It would currently be worth ₹1,399,674 (multiplier 1.17×). XIRR: 3.02%. Long-horizon SIP results matter more than point-to-point returns because they smooth out entry timing.

On a 5-year basis, Motilal Oswal Ultra Short Term Fund Direct - IDCW Quarterly Payout/Reinvestment ranks #23 out of 88 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 2.07%; this fund delivered 3.89%.

The worst peak-to-trough decline Motilal Oswal Ultra Short Term Fund Direct - IDCW Quarterly Payout/Reinvestment has experienced over the last 5-year window is 1.73% — its NAV fell from a high on 26 Dec 2024 to a low on 27 Dec 2024. 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, Motilal Oswal Ultra Short Term Fund Direct - IDCW Quarterly Payout/Reinvestment averaged 2.21% (best 5.06%, worst -1.41%). 80% of rolling windows ended positive. The 5-year Sharpe ratio is -1.61 — negative risk-adjusted performance.

In calendar year 2025, Motilal Oswal Ultra Short Term Fund Direct - IDCW Quarterly Payout/Reinvestment returned 0.00% — lagging the Ultra Short Duration Fund category average of 1.97% by 1.97 pp. It ranked #47 of 80 in its category that year.

Motilal Oswal Ultra Short Term Fund Direct - IDCW Quarterly Payout/Reinvestment 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. Motilal Oswal Ultra Short Term Fund Direct - IDCW Quarterly Payout/Reinvestment 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: 1.7%. 5-year CAGR: 3.89%.

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