Bandhan Ultra Short Duration Fund

Q: What are the returns of this mutual fund scheme?

The Bandhan Ultra Short Duration Fund is a 7 yrs 3 m old fund and has delivered average annual returns of 6.22% since inception. Bandhan Ultra Short Duration Fund Returns 1-Year 3-Year 5-Year Since Inception 7.11% 7.19% 5.7% 6.22%

Previously called: Bandhan Ultra Short Term Fund Regular-Growth

NAV as of Oct 20, 2025	Returns since inception	ET Money Rank	AUM (Fund size)
₹15.5121+0.05% 1 day change	6.22% p.a.	App exclusive #NA View Ranked Funds	₹3,860 Cr

Historical NAV & returns

NAV: ₹15.5121 as on Oct 20, 2025

This fund Category average

Bandhan Ultra Short Duration Fund overview

AUM (Fund size)	₹3,860 Cr
Exit load	0%
Lock-in Period	Nil
Age	7 yrs 3 m since Jul 06, 2018
Benchmark	NIFTY Ultra Short Duration Debt Index A-I
Min. investment	SIP: ₹1000 & Lumpsum: ₹5000
Expense ratio	0.46% as on Sep 30, 2025
Plan type	Regular
Risk	Low to Moderate
Tax on your gains	Profits are added to your income and taxed as per your slab rate

Bandhan Ultra Short Duration Fund Returns calculator

Investment type

Monthly investment

₹ 10,000

Investment period

Lumpsum investment

₹1 lakh

Investment period

Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments are subject to market risk, read all scheme related documents carefully. Past performance is not an indicator of future returns.

Total investment ₹ 12 lakh
Profit ₹12 lakhs
Total corpus ₹1 lakh
Absolute return 52.69%

Trailing returns as on Oct 25, 2025

Period	This fund	Category average
1 Month	0.49%	0.47%
3 Months	1.41%	1.36%
6 Months	3.18%	3.07%
1 Year	7.11%	6.88%
2 Years	7.26%	6.98%
3 Years	7.19%	6.87%
4 Years	6.32%	6.07%
5 Years	5.7%	5.57%
7 Years	6.18%	5.85%

Asset allocationas on Sep 30, 2025

Large Cap 0%

Mid Cap 0%

Small Cap 0%

Other Cap 0%

Top holdings

Bifurcation by Holding is not available for this fund

Top sectors

Bifurcation by Sector is not available for this fund

AAA 62.87%

A1+ 22.86%

SOV 12.49%

AA+ 2.09%

Top Debt Holdings

National Bank For Agriculture & Rural Development 10.0%

Bajaj Housing Finance Ltd. 8.85%

HDFC Bank Ltd. 8.83%

Small Industries Devp. Bank of India Ltd. 8.45%

Allocation by Instruments

Debenture 44.07000000000001%

Non Convertible Debenture 18.270000000000003%

Certificate of Deposit 13.91%

Commercial Paper 8.95%

Other Holdings

Others 0.81%

Detailed portfolio analysis

Peer comparison

Fund name	1M	6M	1Y	3Y	5Y	10Y
Bandhan Ultra Short Duration Fund	0.49%	3.18%	7.11%	7.19%	5.7%	N.A.
ICICI Prudential Ultra Short Term Fund	0.5%	3.3%	7.26%	7.2%	5.93%	6.92%
Mahindra Manulife Ultra Short Duration Fund	0.47%	3.11%	7.0%	7.05%	5.63%	3.43%
WhiteOak Capital Ultra Short Duration Fund	0.43%	2.89%	6.57%	6.59%	5.38%	3.31%
HDFC Ultra Short Term Fund	0.5%	3.19%	7.14%	7.16%	5.78%	4.45%
HSBC Ultra Short Duration Fund	0.49%	3.17%	7.14%	7.17%	5.76%	3.27%

Fund name	Std. deviation	Beta	Sharpe	Sortino
Bandhan Ultra Short Duration Fund	0.25	0.64	2.5	4.0
ICICI Prudential Ultra Short Term Fund	0.27	0.65	2.4	4.46
Mahindra Manulife Ultra Short Duration Fund	0.24	0.57	2.18	3.83
WhiteOak Capital Ultra Short Duration Fund	0.24	0.58	0.38	0.64
HDFC Ultra Short Term Fund	0.26	0.65	2.32	4.32
HSBC Ultra Short Duration Fund	0.26	0.64	2.47	4.16

Fund name	ETM Rank	AUM	Fund age	Expense ratio
Bandhan Ultra Short Duration Fund	N.A.	3,860 Cr	7 yrs 3 m	0.46%
ICICI Prudential Ultra Short Term Fund	N.A.	14,697 Cr	14 yrs 6 m	0.8%
Mahindra Manulife Ultra Short Duration Fund	N.A.	208 Cr	6 yrs	0.7%
WhiteOak Capital Ultra Short Duration Fund	N.A.	531 Cr	6 yrs 5 m	1.03%
HDFC Ultra Short Term Fund	N.A.	16,700 Cr	7 yrs 1 m	0.7%
HSBC Ultra Short Duration Fund	N.A.	2,496 Cr	5 yrs 9 m	0.35%

View all Ultra Short Duration funds

Key risk & return ratios Compared to other funds in the category

Alpha	1.78 vs. 2.47 Underperformed at beating benchmark
Sharpe	2.5 vs. 2.73 Poor risk-adjusted returns
Beta	0.64 vs. 0.96 Less sensitive to market ups & downs
Standard deviation	0.25 vs. 0.2 More volatile performance

Compare Bandhan Ultra Short Duration Fund in detail with

About this fund

About Bandhan Ultra Short Duration Fund

Bandhan Ultra Short Duration Fund is a Ultra Short Duration mutual fund scheme from Bandhan Mutual Fund. This fund has been in existence for 7 yrs 3 m, having been launched on 06/07/2018. Bandhan Ultra Short Duration Fund has ₹3,860 Crores worth of assets under management (AUM) as on 30/09/2025 and is medium-sized fund of its category. The latest Net Asset Value (NAV) of Bandhan Ultra Short Duration Fund as of 20/10/2025 is ₹15.51. The fund has an expense ratio of 0.46%, which is higher than what most other Ultra Short Duration funds charge.

Bandhan Ultra Short Duration Fund returns of last 1-year are 7.16%. Since launch, it has delivered 6.23% average annual returns.
Bandhan Ultra Short Duration Fund scheme's ability to deliver returns consistently is in-line with most funds of its category. Its ability to control losses in a falling market is below average.
The fund's credit profile is very high indicating it has lent to borrowers whose quality is excellent. Most funds in this category lend to similar borrowers and hence the risk of default in this fund is same as the category.
The fund's top holdings are in National Bank For Agriculture & Rural Development, Bajaj Housing Finance Ltd., HDFC Bank Ltd., Small Industries Devp. Bank of India Ltd., REC Ltd..

...

Fund AUM	3,860 Cr as on Sep 30, 2025
Scheme document	View Scheme Document

Fund managers

Harshal Joshi

Mr. Joshi is PGDBM from N.L. Dalmia Institute of Management Studies and Research, Mumbai Prior to joining Bandhan Mutual Fund (formerly IDFC Mutual Fund) in 2008 he has worked with ICAP India Pvt. Ltd.

Viraj Kulkarni

Mr. Kulkarni is a B.Tech. (Electronics), CFA and also holds a PGDM (Finance). Prior to joining Bandhan Mutual Fund (formerly IDFC Mutual Fund) he was associated with Franklin Templeton Asset Management (India) Pvt. Ltd. (May 2014-Sept. 2015) and Goldman Sachs Services India (June 2010-May 2012).

Investment objective

The Scheme seeks to offer an investment avenue for short term savings by looking to generate stable returns with a low risk strategy from a portfolio that is invested in debt and money market securities such that the Macaulay duration of the portfolio is between 3 to 6 months.

Bandhan Mutual Fund details

No. of schemes	68 view all schemes
Total AUM	1,87,716 Cr as on Sep 30, 2025
Address	One World Centre, 6th Floor, Tower 1C, Senapati Bapat Marg, Prabhadevi Mumbai, 400013

More funds from Bandhan Mutual Fund

Fund name	ETM Rank	AUM	1Y	3Y
Bandhan Government Securities Fund Constant Maturity Plan	N.A.	341 Cr	8.19%	8.66%
Bandhan Fixed Term Plan Series 179	N.A.	356 Cr	8.14%	8.56%
Bandhan CRISIL IBX 90:10 SDL Plus Gilt- April 2032 Index Fund	N.A.	492 Cr	7.47%	N.A.
Bandhan CRISIL IBX Gilt April 2028 Index Fund	N.A.	4,294 Cr	8.15%	8.01%
Bandhan CRISIL IBX Gilt June 2027 Index Fund	N.A.	6,420 Cr	7.97%	7.8%
Bandhan Crisil IBX Gilt April 2032 Index Fund	N.A.	441 Cr	8.52%	N.A.

See all Debt funds from this AMC

Frequently asked questions

What is the current NAV of Bandhan Ultra Short Duration Fund?

The current Net Asset Value (NAV) of the Bandhan Ultra Short Duration Fund plan is approximately ₹15.5121 as of Oct 20, 2025.

What are the returns of this mutual fund scheme?

The Bandhan Ultra Short Duration Fund is a 7 yrs 3 m old fund and has delivered average annual returns of 6.22% since inception.

Bandhan Ultra Short Duration Fund Returns

1-Year	3-Year	5-Year	Since Inception
7.11%	7.19%	5.7%	6.22%

How much does this mutual fund charge as expense ratio?

The Bandhan Ultra Short Duration Fund has an expense ratio of 0.46%, representing the annual cost of managing and operating the fund. This fee is deducted from the fund's AUM while declaring the daily NAV, reducing investor returns.

What is the AUM or fund size of this mutual fund?

The Bandhan Ultra Short Duration Fund currently has assets under management (AUM) or fund size valued at approximately 3,860 Cr as on Sep 30, 2025.

To whom does Bandhan Ultra Short Duration Fund lend to?

The top 3 debt holdings of Bandhan Ultra Short Duration Fund are as follows

Holding Name	Percentage of Portfolio
National Bank For Agriculture & Rural Development	10.0%
Bajaj Housing Finance Ltd.	8.85%
HDFC Bank Ltd.	8.83%

What is the quality of borrowers this mutual fund scheme lends to?

The credit rating of the instruments in which the fund invests represents the quality of the borrower.

The Bandhan Ultra Short Duration Fund allocation by credit quality is given below

Credit Quality	Percentage of Portfolio
AAA	62.87%
A1+	22.86%
SOV	12.49%

What is risk level of Bandhan Ultra Short Duration Fund?

This is a Ultra Short Duration fund comes with Low to Moderate risk.

Is there any lock-in period in this mutual fund?

No, this fund does not have any lock-in period.

How can I redeem my investments in Bandhan Ultra Short Duration Fund?

Redeeming your investments in the Bandhan Ultra Short Duration Fund is simple. If you have invested via ET Money, just log in to the app, go to the holdings section, and submit the redemption request.

If you have invested from anywhere else, you can go to the fund house website and put a request through it.

ET Money rank

App exclusive

in Ultra Short Duration

#NA

Exit Load: This fund has no exit load.
Volatility Protection: This fund ranks lower in terms of protecting against volatility within its category.
Return/Risk: The fund is performing poorly than its category.