Tata Ultra Short Term Fund

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

The Tata Ultra Short Term Fund is a 7 yrs old fund and has delivered average annual returns of 5.55% since inception. Tata Ultra Short Term Fund Returns 1-Year 3-Year 5-Year Since Inception 6.25% 6.6% 5.47% 5.55%

Q: How much does this mutual fund charge as expense ratio?

The Tata Ultra Short Term Fund has an expense ratio of 1.15% , 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.

NAV as of Feb 02, 2026	Returns since inception	ET Money Rank	AUM (Fund size)
₹14.6255+0.05% 1 day change	5.55% p.a.	App exclusive #NA View Ranked Funds	₹4,561 Cr

Historical NAV & returns

NAV: ₹14.6255 as on Feb 02, 2026

This fund Category average

Tata Ultra Short Term Fund overview

AUM (Fund size)	₹4,561 Cr
Exit load	0%
Lock-in Period	Nil
Age	7 yrs since Jan 11, 2019
Benchmark	CRISIL Ultra Short Duration Debt A-I Index
Min. investment	SIP: ₹500 & Lumpsum: ₹1000
Expense ratio	1.15% as on Feb 02, 2026
Plan type	Regular
Risk	Moderate
Tax on your gains	Profits are added to your income and taxed as per your slab rate

Tata Ultra Short Term 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 Feb 03, 2026

Period	This fund	Category average
1 Month	0.26%	0.28%
3 Months	1.17%	1.09%
6 Months	2.52%	2.51%
1 Year	6.25%	6.36%
2 Years	6.59%	6.76%
3 Years	6.6%	6.79%
4 Years	6.04%	6.25%
5 Years	5.47%	5.67%
7 Years	5.55%	5.86%

Asset allocationas on Dec 31, 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

A1+ 61.95%

SOV 18.43%

AAA 17.52%

AA+ 11.46%

Top Debt Holdings

GOI 10.22%

Bank of India 8.67%

Reserve Bank of India 8.21%

Union Bank of India 8.02%

Allocation by Instruments

Certificate of Deposit 50.14999999999999%

Debenture 15.750000000000002%

Non Convertible Debenture 12.44%

Commercial Paper 11.8%

Other Holdings

Others 0.26%

Detailed portfolio analysis

Peer comparison

Fund name	1M	6M	1Y	3Y	5Y	10Y
Tata Ultra Short Term Fund	0.26%	2.52%	6.25%	6.6%	5.47%	N.A.
Mirae Asset Ultra Short Duration Fund	0.25%	2.75%	6.81%	7.22%	6.03%	3.07%
ICICI Prudential Ultra Short Term Fund	0.28%	2.74%	6.8%	7.07%	6.02%	6.89%
Mahindra Manulife Ultra Short Duration Fund	0.25%	2.57%	6.46%	6.9%	5.75%	3.57%
WhiteOak Capital Ultra Short Duration Fund	0.2%	2.35%	6.02%	6.44%	5.5%	3.43%
Baroda BNP Paribas Ultra Short Duration Fund	0.25%	2.65%	6.65%	7.12%	6.07%	4.77%

Fund name	Std. deviation	Beta	Sharpe	Sortino
Tata Ultra Short Term Fund	0.29	0.42	0.91	1.2
Mirae Asset Ultra Short Duration Fund	0.32	0.49	2.67	3.21
ICICI Prudential Ultra Short Term Fund	0.31	0.45	2.24	3.18
Mahindra Manulife Ultra Short Duration Fund	0.31	0.47	1.76	2.07
WhiteOak Capital Ultra Short Duration Fund	0.31	0.48	0.34	0.4
Baroda BNP Paribas Ultra Short Duration Fund	0.33	0.49	2.32	2.9

Fund name	ETM Rank	AUM	Fund age	Expense ratio
Tata Ultra Short Term Fund	N.A.	4,561 Cr	7 yrs	1.15%
Mirae Asset Ultra Short Duration Fund	N.A.	2,067 Cr	5 yrs 4 m	0.46%
ICICI Prudential Ultra Short Term Fund	N.A.	16,907 Cr	14 yrs 9 m	0.79%
Mahindra Manulife Ultra Short Duration Fund	N.A.	219 Cr	6 yrs 3 m	0.7%
WhiteOak Capital Ultra Short Duration Fund	N.A.	574 Cr	6 yrs 8 m	1.02%
Baroda BNP Paribas Ultra Short Duration Fund	N.A.	765 Cr	7 yrs 8 m	0.49%

View all Ultra Short Duration funds

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

Alpha	1.06 vs. 2.31 Underperformed at beating benchmark
Sharpe	0.91 vs. 2.34 Poor risk-adjusted returns
Beta	0.42 vs. 1.0 Less sensitive to market ups & downs
Standard deviation	0.29 vs. 0.25 More volatile performance

Compare Tata Ultra Short Term Fund in detail with

About this fund

About Tata Ultra Short Term Fund

Tata Ultra Short Term Fund is a Ultra Short Duration mutual fund scheme from Tata Mutual Fund. This fund has been in existence for 7 yrs, having been launched on 11/01/2019. Tata Ultra Short Term Fund has ₹4,561 Crores worth of assets under management (AUM) as on 31/12/2025 and is medium-sized fund of its category. The latest Net Asset Value (NAV) of Tata Ultra Short Term Fund as of 02/02/2026 is ₹14.63. The fund has an expense ratio of 1.15%, which is higher than what most other Ultra Short Duration funds charge.

Tata Ultra Short Term Fund returns of last 1-year are 6.27%. Since launch, it has delivered 5.55% average annual returns.
Tata Ultra Short Term 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 above 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 GOI, Bank of India, Reserve Bank of India, Union Bank of India, Can Fin Homes Ltd..

...

Fund AUM	4,561 Cr as on Dec 31, 2025
Scheme document	View Scheme Document

Fund managers

Akhil Mittal

Mr. Mittal is B.Com (H) and MBA from University Business School. Prior to joining Tata AMC, he has worked with Canara Robeco AMC, Principal Asset Management Company, Edelweiss Securities Ltd. and Rallis India Ltd.

Abhishek Sonthalia

Mr. Sonthalia has done B. Com, Management Programme from NITIE and CFA Charter holder. Prior to joining UTI Mutual Fund, he has worked with Tata Mutual Fund, CRISIL Ltd. and TCS.

Investment objective

The scheme seeks to generate returns through investment in Debt & Money Market instruments such that the Macaulay duration of the portfolio is between 3 months - 6 months.

Tata Mutual Fund details

No. of schemes	61 view all schemes
Total AUM	2,25,719 Cr as on Dec 31, 2025
Address	9th Floor, Mafatlal Centre, Nariman Point, Mumbai, 400021
Email	service@tataamc.com
Phone	1800-209-0101

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Frequently asked questions

What is the current NAV of Tata Ultra Short Term Fund?

The current Net Asset Value (NAV) of the Tata Ultra Short Term Fund plan is approximately ₹14.6255 as of Feb 02, 2026.

What are the returns of this mutual fund scheme?

The Tata Ultra Short Term Fund is a 7 yrs old fund and has delivered average annual returns of 5.55% since inception.

Tata Ultra Short Term Fund Returns

1-Year	3-Year	5-Year	Since Inception
6.25%	6.6%	5.47%	5.55%

How much does this mutual fund charge as expense ratio?

The Tata Ultra Short Term Fund has an expense ratio of 1.15%, 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 Tata Ultra Short Term Fund currently has assets under management (AUM) or fund size valued at approximately 4,561 Cr as on Dec 31, 2025.

To whom does Tata Ultra Short Term Fund lend to?

The top 3 debt holdings of Tata Ultra Short Term Fund are as follows

Holding Name	Percentage of Portfolio
GOI	10.22%
Bank of India	8.67%
Reserve Bank of India	8.21%

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 Tata Ultra Short Term Fund allocation by credit quality is given below

Credit Quality	Percentage of Portfolio
A1+	61.95%
SOV	18.43%
AAA	17.52%

What is risk level of Tata Ultra Short Term Fund?

This is a Ultra Short Duration fund comes with 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 Tata Ultra Short Term Fund?

Redeeming your investments in the Tata Ultra Short Term 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.
Return Consistency: This fund ranks lower in terms of generating consistent return in it's category.
Return/Risk: The fund is performing poorly than its category.