Key metrics
Further reading: Median maximum drawdown by fund category, measured across 1,767 funds
Trailing returns
| Period | 1W | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
|---|---|---|---|---|---|---|---|---|---|
| Return | -0.03% | 0.34% | 1.59% | 3.34% | 6.84% | 7.45% | 6.79% | 6.28% | – |
NAV history
About this fund
Tata Ultra Short Term Fund is a debt fund offered by Tata Mutual Fund, classified under Debt as Debt Scheme - Ultra Short Duration Fund. Debt funds are sensitive to interest-rate moves and the credit quality of holdings. Its latest NAV is ₹16.24, with assets under management of about ₹5,343 Cr (April - June 2026).
Further reading: What a category rank actually tells you
Performance analysis
Over the trailing one year, Tata Ultra Short Term Fund has recorded a return of about 6.8%, with a three-year return of 7.5% and a five-year return of 6.8%. Its annualised volatility is 0.5% — relatively low fluctuations — and its Sharpe ratio is 0.72, a measure of return per unit of risk taken. The direct-plan base expense ratio is 0.26%, deducted daily from the NAV.
Further reading: Reading a fund page: what each number does and doesn't say
Rolling returns
| Window | Avg | Median | Min | Max | % Pos | % >12 |
|---|---|---|---|---|---|---|
| 1Y | 6.31 | 6.92 | 3.73 | 8.26 | 100% | 0% |
| 3Y | 6.18 | 6.00 | 4.75 | 7.65 | 100% | 0% |
| 5Y | 6.17 | 6.09 | 5.86 | 6.82 | 100% | 0% |
| 7Y | 6.34 | 6.34 | 6.28 | 6.39 | 100% | 0% |
Further reading: Why a single trailing return misleads, measured across 830 funds
Frequently asked questions
Compare with peers
Further reading: Every fund measured against the best performer in its own category
| Fund | 1M | 3M | 6M | 1Y | 3Y | 5Y | 10Y | TER % |
|---|---|---|---|---|---|---|---|---|
| WhiteOak Capital Ultra Short Term Fund Debt Scheme - Ultra Short Duration Fund | 0.23 | 1.42 | 3.02 | 6.19 | 6.93 | 6.33 | – | – |
| Mahindra Manulife Ultra Short Term Fund Debt Scheme - Ultra Short Duration Fund | 0.26 | 1.43 | 3.08 | 6.43 | 7.22 | 6.61 | – | – |
| LIC MF Ultra Short Term Fund Debt Scheme - Ultra Short Duration Fund | 0.32 | 1.54 | 3.29 | 6.59 | 7.18 | 6.33 | – | – |
| HSBC Ultra Short Term Fund Debt Scheme - Ultra Short Duration Fund | 0.24 | 1.44 | 3.09 | 6.32 | 7.14 | 6.56 | – | – |
| Mirae Asset Ultra Short-Term Fund Debt Scheme - Ultra Short Duration Fund | 0.27 | 1.45 | 3.16 | 6.47 | 7.34 | 6.70 | – | – |
| ITI Ultra Short Term Fund Debt Scheme - Ultra Short Duration Fund | 0.28 | 1.39 | 2.95 | 6.26 | 7.00 | 6.40 | – | 0.17 |
| Sundaram Ultra Short Term Fund Debt Scheme - Ultra Short Duration Fund | 0.31 | 1.50 | 3.15 | 6.38 | 7.21 | – | – | – |
| Franklin India Ultra Short Term Fund Debt Scheme - Ultra Short Duration Fund | 0.28 | 1.44 | 3.03 | 6.30 | – | – | – | – |
| Fund | 1M | 3M | 6M | 1Y | 3Y | 5Y | 10Y | TER % |
|---|---|---|---|---|---|---|---|---|
| Tata Short Term Fund Debt Scheme - Short Duration Fund | -0.45 | 0.29 | 1.95 | 4.15 | 7.01 | 6.24 | 6.33 | – |
| Tata Gilt Fund Debt Scheme - Gilt Fund | -2.46 | -2.40 | 0.61 | 0.05 | 6.14 | 5.56 | 6.20 | – |
| Tata ELSS - Tax Saver Fund Equity Scheme - ELSS | -6.70 | -5.82 | -4.09 | -3.31 | 10.77 | 10.00 | 13.27 | – |
| Tata Banking & Financial Services Fund Sectoral/Thematic - Banking/Financial | -6.10 | -5.78 | -5.83 | -6.64 | 9.84 | 9.75 | 13.74 | 0.47 |
| Tata Digital India Fund Sectoral/Thematic - Technology/IT | 2.29 | 4.14 | 3.49 | -9.27 | 5.91 | 3.29 | 17.68 | 0.49 |
| Tata India Consumer Fund Sectoral/Thematic - Consumption | -6.49 | -5.33 | 0.03 | -4.24 | 11.60 | 12.09 | 15.88 | 0.62 |
| Tata India Pharma & Healthcare Fund Sectoral/Thematic - Pharma/Healthcare | -8.77 | -7.95 | 3.69 | -0.63 | 16.75 | 13.73 | 14.06 | 0.62 |
| Tata Resources & Energy Fund Sectoral/Thematic - Energy/Power | -7.28 | -8.46 | -7.41 | -0.66 | 13.72 | 10.80 | 15.13 | 0.58 |