SBI
SBI Ultra Short Duration Fund - Direct Plan - Daily Income Distribution cum Capital Withdrawal Option (IDCW)
Latest NAV
₹2,427.1356
As of
17 Jul 2026
3,947 NAV records on file
Category
Ultra Short Duration Fund
Plan type
Dividend
Structure
Close-ended
AMFI Scheme Code
119784
ISIN (Growth)
—
ISIN (Dividend)
INF200K01TG3
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
No matches.
Compares up to 8 funds. Click any line in the legend above to hide/show it.
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% | +0.03% | +0.01 | 46 / 102 | Q2 |
| 1W | +0.09% | +0.08% | +0.01 | 39 / 102 | Q2 |
| 2W | +0.09% | +0.09% | +0.00 | 57 / 102 | Q3 |
| 1M | +0.63% | +0.21% | +0.41 | 27 / 101 | Q2 |
| 3M | +1.52% | +0.79% | +0.73 | 31 / 101 | Q2 |
| 6M | +3.31% | +1.49% | +1.81 | 30 / 101 | Q2 |
| YTD | +3.43% | +1.58% | +1.85 | 30 / 100 | Q2 |
| 1Y | +6.29% | +2.50% | +3.79 | 28 / 99 | Q2 |
| 2Y | +7.05% | +2.37% | +4.68 | 22 / 97 | Q1 |
| 3Y | +7.17% | +2.28% | +4.89 | 18 / 95 | Q1 |
| 4Y | +7.05% | +2.18% | +4.87 | 15 / 90 | Q1 |
| 5Y | +6.35% | +2.07% | +4.29 | 14 / 88 | Q1 |
| 7Y | +5.44% | +1.83% | +3.62 | 15 / 74 | Q1 |
| 10Y | +3.78% | +2.04% | +1.73 | 11 / 36 | Q2 |
| Inception | +2.78% | +1.82% | +0.95 | 28 / 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 | +3.43% | +1.02% | +2.41 | 20 / 80 |
| 2025 | +7.18% | +1.97% | +5.21 | 15 / 80 |
| 2024 | +7.59% | +2.28% | +5.31 | 14 / 80 |
| 2023 | +7.22% | +2.52% | +4.69 | 14 / 78 |
| 2022 | +4.64% | +1.51% | +3.14 | 14 / 86 |
| 2021 | +3.54% | +1.50% | +2.03 | 15 / 78 |
| 2020 | +4.46% | +1.97% | +2.48 | 20 / 81 |
| 2019 | +0.00% | +1.58% | -1.58 | 51 / 72 |
| 2018 | +0.00% | +0.60% | -0.60 | 34 / 49 |
| 2017 | +0.00% | +1.82% | -1.82 | 30 / 49 |
| 2016 | +0.00% | +1.85% | -1.85 | 31 / 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
+2.80%
153 windows
min -0.6% · max 7.9%
51% positive
3-Year rolling
+2.64%
129 windows
min -0.2% · max 7.4%
60% positive
5-Year rolling
+2.44%
105 windows
min -0.1% · max 6.4%
73% positive
7-Year rolling
+2.39%
80 windows
min -0.1% · max 5.4%
96% positive
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
0.44%
3-year · annualised
Sharpe ratio
—
vs risk-free 6.5%
Sortino ratio
—
Downside-only deviation
Max drawdown
-0.13%
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
Recent NAVs
| Date | NAV |
|---|---|
| 17 Jul 2026 | ₹2,427.1356 |
| 16 Jul 2026 | ₹2,425.9821 |
| 15 Jul 2026 | ₹2,424.7454 |
| 14 Jul 2026 | ₹2,424.4754 |
| 13 Jul 2026 | ₹2,425.6583 |
| 10 Jul 2026 | ₹2,424.9151 |
| 9 Jul 2026 | ₹2,424.2065 |
| 8 Jul 2026 | ₹2,422.6682 |
| 7 Jul 2026 | ₹2,424.3101 |
| 6 Jul 2026 | ₹2,425.7177 |
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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 SBI Ultra Short Duration Fund - Direct Plan - Daily Income Distribution cum Capital Withdrawal Option (IDCW) is ₹2,427.1356. It's a Ultra Short Duration Fund from SBI, run as a Direct plan IDCW (dividend) option. NAVs update once per business day from the AMFI feed.
SBI Ultra Short Duration Fund - Direct Plan - Daily Income Distribution cum Capital Withdrawal Option (IDCW) has NAV history starting from 02 Jan 2013, a track record of about 13 years 6 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.
SBI Ultra Short Duration Fund - Direct Plan - Daily Income Distribution cum Capital Withdrawal Option (IDCW) is managed by SBI. 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, SBI Ultra Short Duration Fund - Direct Plan - Daily Income Distribution cum Capital Withdrawal Option (IDCW) has delivered a absolute return of 6.29% — +3.79 pp ahead of the Ultra Short Duration Fund category average of 2.50%. The fund ranks #28 of 99 in its category — the second (Q2) quartile.
Over the trailing 3-year window, SBI Ultra Short Duration Fund - Direct Plan - Daily Income Distribution cum Capital Withdrawal Option (IDCW) has delivered a CAGR of 7.17% — +4.89 pp ahead of the Ultra Short Duration Fund category average of 2.28%. The fund ranks #18 of 95 in its category — the top (Q1) quartile.
Over the trailing 5-year window, SBI Ultra Short Duration Fund - Direct Plan - Daily Income Distribution cum Capital Withdrawal Option (IDCW) has delivered a CAGR of 6.35% — +4.29 pp ahead of the Ultra Short Duration Fund category average of 2.07%. The fund ranks #14 of 88 in its category — the top (Q1) quartile.
₹1 lakh invested in SBI Ultra Short Duration Fund - Direct Plan - Daily Income Distribution cum Capital Withdrawal Option (IDCW) exactly 10 years ago would be worth approximately ₹144,900 today — a multiplier of 1.45×, based on the 10-year CAGR of 3.78%. The category average over the same window would have grown ₹1 lakh to ₹122,425.
A ₹10,000 monthly SIP in SBI Ultra Short Duration Fund - Direct Plan - Daily Income Distribution cum Capital Withdrawal Option (IDCW) over the last 5 years — total invested ₹600,000 — would be worth ₹714,381 today. That's an XIRR (money-weighted annualised return) of 6.91%.
A ₹10,000 monthly SIP for 10 years in SBI Ultra Short Duration Fund - Direct Plan - Daily Income Distribution cum Capital Withdrawal Option (IDCW) = ₹1,200,000 invested. It would currently be worth ₹1,576,062 (multiplier 1.31×). XIRR: 5.32%. Long-horizon SIP results matter more than point-to-point returns because they smooth out entry timing.
On a 5-year basis, SBI Ultra Short Duration Fund - Direct Plan - Daily Income Distribution cum Capital Withdrawal Option (IDCW) ranks #14 out of 88 funds in the Ultra Short Duration Fund category — that places it in the top quartile (Q1) — strong outperformance. The category average return over the same window is 2.07%; this fund delivered 6.35%.
The worst peak-to-trough decline SBI Ultra Short Duration Fund - Direct Plan - Daily Income Distribution cum Capital Withdrawal Option (IDCW) has experienced over the last 5-year window is 0.29% — 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, SBI Ultra Short Duration Fund - Direct Plan - Daily Income Distribution cum Capital Withdrawal Option (IDCW) averaged 2.44% (best 6.35%, worst -0.13%). 73% of rolling windows ended positive. The 5-year Sharpe ratio is -0.56 — negative risk-adjusted performance.
In calendar year 2025, SBI Ultra Short Duration Fund - Direct Plan - Daily Income Distribution cum Capital Withdrawal Option (IDCW) returned 7.18% — beating the Ultra Short Duration Fund category average of 1.97% by 5.21 pp. It ranked #15 of 80 in its category that year.
SBI Ultra Short Duration Fund - Direct Plan - Daily Income Distribution cum Capital Withdrawal Option (IDCW) 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. SBI Ultra Short Duration Fund - Direct Plan - Daily Income Distribution cum Capital Withdrawal Option (IDCW) 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)
Educational content only — not investment advice. Tax rules summarised above reflect Budget 2024; consult a qualified adviser before transacting.
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