Previously Known As : Bandhan Ultra Short Term Fund
Bandhan Ultra Short Duration Fund Datagrid
Category Ultra Short Duration Fund
BMSMONEY Rank 6
Rating
Growth Option 24-07-2026
NAV ₹16.24(R) +0.02% ₹16.47(D) +0.02%
Returns 1Y 3Y 5Y 7Y 10Y
Lumpsum Regular 6.12% 6.95% 6.15% 5.91% -%
Direct 6.33% 7.15% 6.35% 6.1% -%
Benchmark
SIP (XIRR) Regular 6.45% 6.8% 5.98% 5.91% -%
Direct 6.66% 7.01% 6.18% 6.11% -%
Ratio Sharpe Ratio Sortino Ratio Sterling Ratio Jensen's Alpha Treynor Ratio
2.59 1.79 0.7 0.68% 0.08
Risk STD. Dev VaR 1Y95% Max DD Beta Semi Devi.
0.44% 0.0% 0.0% 0.16 0.3%
Fund AUM As on: 30/12/2025 4448 Cr
Top Ultra Short Duration Fund
Fund Name Rank Rating
Aditya Birla Sun Life Savings Fund 1
Mirae Asset Ultra Short Duration Fund 2
Baroda BNP Paribas Ultra Short Duration Fund 3
HSBC Ultra Short Duration Fund 4
ICICI Prudential Ultra Short Term Fund 5

NAV Date: 24-07-2026

Scheme Name NAV Rupee Change Percent Change
BANDHAN ULTRA SHORT DURATION FUND - DIRECT PLAN-DAILY IDCW 10.04
0.0000
0.0000%
BANDHAN ULTRA SHORT DURATION FUND - REGULAR PLAN DAILY IDCW 10.05
0.0000
0.0000%
BANDHAN ULTRA SHORT DURATION FUND - DIRECT PLAN -MONTHLY IDCW 10.07
0.0000
0.0200%
BANDHAN ULTRA SHORT DURATION FUND - REGULAR PLAN WEEKLY IDCW 10.08
0.0000
0.0200%
BANDHAN ULTRA SHORT DURATION FUND - DIRECT PLAN- WEEKLY IDCW 10.08
0.0000
0.0200%
BANDHAN ULTRA SHORT DURATION FUND - REGULAR PLAN MONTHLY IDCW 10.08
0.0000
0.0200%
BANDHAN ULTRA SHORT DURATION FUND - REGULAR PLAN QUARTERLY IDCW 10.54
0.0000
0.0200%
BANDHAN ULTRA SHORT DURATION FUND - DIRECT PLAN QUARTERLY IDCW 10.56
0.0000
0.0200%
BANDHAN ULTRA SHORT DURATION FUND - REGULAR PLAN PERIODIC IDCW 13.67
0.0000
0.0200%
BANDHAN ULTRA SHORT DURATION FUND - DIRECT PLAN PERIODIC IDCW 14.0
0.0000
0.0200%
BANDHAN ULTRA SHORT DURATION FUND - REGULAR PLAN GROWTH 16.24
0.0000
0.0200%
BANDHAN ULTRA SHORT DURATION FUND - DIRECT PLAN GROWTH 16.47
0.0000
0.0200%

Review Date: 24-07-2026

Beginning of Analysis

In the Ultra Short Duration Fund category, Bandhan Ultra Short Duration Fund is the 8th ranked fund. The category has total 23 funds. The 4 star rating shows a very good past performance of the Bandhan Ultra Short Duration Fund in Ultra Short Duration Fund. The fund has a Jensen Alpha of 0.68% which is higher than the category average of 0.45%. Here the fund has shown very good performance in terms of risk adjusted returns. The fund has a Sharpe Ratio of 2.59 which is higher than the category average of 1.96.
The past performance of the fund may or may not be sustained in the future. The review is not investment advice nor is it a recommendation to buy or sell funds. The ranking is based on proprietary methodology developed by bmsmoney. The methodology is based on the past performance of the funds and does not guarantee future performance.
Ultra Short Duration Mutual Funds are ideal for conservative investors seeking stable returns with minimal interest rate risk. These funds invest in debt and money market instruments with a portfolio duration of 3 to 6 months, making them less sensitive to interest rate changes compared to longer-duration funds. While they offer stable returns with relatively lower risk, they may underperform in a falling interest rate environment. Investors should carefully assess their risk tolerance, investment horizon, and financial goals before investing in these funds. Additionally, choosing funds managed by experienced professionals can help optimize risk-adjusted returns.

Bandhan Ultra Short Duration Fund Return Analysis

  • The fund has given a return of 0.58%, 1.62 and 3.37 in last one, three and six months respectively. In the same period the category average return was 0.61%, 1.67% and 3.42% respectively.
  • Bandhan Ultra Short Duration Fund has given a return of 6.33% in last one year. In the same period the Ultra Short Duration Fund category average return was 6.44%.
  • The fund has given a return of 7.15% in last three years and ranked 18.0th out of twenty three funds in the category. In the same period the Ultra Short Duration Fund category average return was 7.23%.
  • The fund has given a return of 6.35% in last five years and ranked 16th out of twenty two funds in the category. In the same period the Ultra Short Duration Fund category average return was 6.47%.
  • The fund has given a SIP return of 6.66% in last one year whereas category average SIP return is 6.76%. The fund one year return rank in the category is 18th in 24 funds
  • The fund has SIP return of 7.01% in last three years and ranks 17th in 23 funds. Nippon India Ultra Short Duration Fund has given the highest SIP return (7.46%) in the category in last three years.
  • The fund has SIP return of 6.18% in last five years whereas category average SIP return is 6.26%.

Bandhan Ultra Short Duration Fund Risk Analysis

  • The fund has a standard deviation of 0.44 and semi deviation of 0.3. The category average standard deviation is 0.43 and semi deviation is 0.29.
  • The fund has a beta of 0.11 which shows that fund is less volatile than the benchmark.

Standard deviation measures the fund's return volatility and Semi deviation focuses on downside volatility. Value at Risk (VaR) is a measure of the risk of investments. Maximum Drawdown is the maximum loss from a peak to a trough of a portfolio. Beta measures the volatility of the fund compared to the benchmark. A beta of 1 indicates that the fund will move in line with the benchmark. A beta of more than 1 indicates that the fund will be more volatile than the benchmark and vice versa.


  • Very Good Performance in Ultra Short Duration Fund Category
  • Good Performance in Ultra Short Duration Fund Category
  • Poor Performance in Ultra Short Duration Fund Category
  • Very Poor Performance in Ultra Short Duration Fund Category

    • Investors beware: Mutual Fund investments are subject to market risks. Please read the scheme related documents carefully.

    Data Source: www.amfiindia.com

    SEBI Categorization


    KPIs* Fund Benchmark Cat. Avg Min | Max Rank (In Cat.) Performance
    1M Return % 0.57
    0.56
    		0.47 | 0.65 10 | 23 Good
    3M Return % 1.58
    1.53
    		1.32 | 1.68 6 | 23 Very Good
    6M Return % 3.27
    3.15
    		2.79 | 3.38 5 | 23 Very Good
    1Y Return % 6.12
    5.86
    		5.09 | 6.28 6 | 23 Very Good
    3Y Return % 6.95
    6.67
    		5.69 | 7.25 6 | 23 Very Good
    5Y Return % 6.15
    5.95
    		4.98 | 6.48 7 | 22 Good
    7Y Return % 5.91
    5.71
    		4.72 | 6.42 7 | 17 Good
    1Y SIP Return % 6.45
    6.20
    		5.43 | 6.62 5 | 23 Very Good
    3Y SIP Return % 6.80
    6.54
    		5.54 | 7.08 6 | 23 Very Good
    5Y SIP Return % 5.98
    5.74
    		4.75 | 6.26 6 | 22 Very Good
    7Y SIP Return % 5.91
    5.73
    		4.72 | 6.28 8 | 17 Good
    Standard Deviation 0.44
    0.43
    		0.31 | 0.50 14 | 23 Average
    Semi Deviation 0.30
    0.29
    		0.22 | 0.35 17 | 23 Average
    Sharpe Ratio 2.59
    1.96
    		-0.27 | 2.91 6 | 23 Very Good
    Sterling Ratio 0.70
    0.67
    		0.57 | 0.73 6 | 23 Very Good
    Sortino Ratio 1.79
    1.31
    		-0.10 | 2.22 7 | 23 Good
    Jensen Alpha % 0.68
    0.45
    		-0.34 | 0.93 6 | 23 Very Good
    Treynor Ratio 0.08
    0.07
    		0.01 | 0.10 8 | 23 Good
    Modigliani Square Measure % 2.15
    1.63
    		-0.22 | 2.41 6 | 23 Very Good
    Alpha % -1.19
    -1.43
    		-2.34 | -0.84 6 | 23 Very Good
    Return data last Updated On : July 24, 2026.
    Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : June 30, 2026
    KPIs: Key Performance Indicators

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    KPIs* Fund Benchmark Cat. Avg Min | Max Rank (In Cat.) Performance
    1M Return % 0.58 0.61 0.54 | 0.69 18 | 24 Average
    3M Return % 1.62 1.67 1.56 | 1.78 17 | 24 Average
    6M Return % 3.37 3.42 3.25 | 3.63 18 | 24 Average
    1Y Return % 6.33 6.44 6.17 | 6.82 18 | 24 Average
    3Y Return % 7.15 7.23 6.49 | 7.58 18 | 23 Average
    5Y Return % 6.35 6.47 5.69 | 7.09 16 | 22 Average
    7Y Return % 6.10 6.22 5.29 | 6.74 13 | 17 Average
    1Y SIP Return % 6.66 6.76 6.37 | 7.18 18 | 24 Average
    3Y SIP Return % 7.01 7.10 6.38 | 7.46 17 | 23 Average
    5Y SIP Return % 6.18 6.26 5.51 | 6.63 16 | 22 Average
    7Y SIP Return % 6.11 6.25 5.42 | 6.95 13 | 17 Average
    Standard Deviation 0.44 0.43 0.31 | 0.50 14 | 23 Average
    Semi Deviation 0.30 0.29 0.22 | 0.35 17 | 23 Average
    Sharpe Ratio 2.59 1.96 -0.27 | 2.91 6 | 23 Very Good
    Sterling Ratio 0.70 0.67 0.57 | 0.73 6 | 23 Very Good
    Sortino Ratio 1.79 1.31 -0.10 | 2.22 7 | 23 Good
    Jensen Alpha % 0.68 0.45 -0.34 | 0.93 6 | 23 Very Good
    Treynor Ratio 0.08 0.07 0.01 | 0.10 8 | 23 Good
    Modigliani Square Measure % 2.15 1.63 -0.22 | 2.41 6 | 23 Very Good
    Alpha % -1.19 -1.43 -2.34 | -0.84 6 | 23 Very Good
    Return data last Updated On : July 24, 2026.
    Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : June 30, 2026
    KPIs: Key Performance Indicators

    Disclaimer: Past performance may or may not be sustained in future and should not be used as a basis for comparison with other investments. Returns for periods above 1 year are annualised.


    Date Bandhan Ultra Short Duration Fund NAV Regular Growth Bandhan Ultra Short Duration Fund NAV Direct Growth
    24-07-2026 16.2384 16.4706
    23-07-2026 16.2355 16.4676
    22-07-2026 16.2325 16.4645
    21-07-2026 16.2323 16.4642
    20-07-2026 16.226 16.4577
    17-07-2026 16.2217 16.4531
    16-07-2026 16.2141 16.4453
    15-07-2026 16.2094 16.4404
    14-07-2026 16.2067 16.4376
    13-07-2026 16.2137 16.4446
    10-07-2026 16.208 16.4386
    09-07-2026 16.204 16.4344
    08-07-2026 16.199 16.4292
    07-07-2026 16.2047 16.4349
    06-07-2026 16.2116 16.4419
    03-07-2026 16.2066 16.4365
    02-07-2026 16.205 16.4348
    01-07-2026 16.1965 16.4261
    30-06-2026 16.1865 16.4159
    29-06-2026 16.1768 16.4059
    25-06-2026 16.1586 16.3871
    24-06-2026 16.1471 16.3754

    Fund Launch Date: 06/Jul/2018
    Fund Category: Ultra Short Duration Fund
    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 aportfolio that is invested in debt and money market securities such that the Macaulay duration of the portfolio is between 3 to 6 months.
    Fund Description: An open-ended ultra-short term debt scheme investing in instruments such that theMacaulay duration of the portfolio is between 3 to 6 months
    Fund Benchmark: NIFTY Ultra Short Duration Debt
    Source: Fund FactSheet

    Disclaimer: NO INVESTMENT ADVICE. The Content is for informational purposes only.