Previously Known As : Bandhan Ultra Short Term Fund
Bandhan Ultra Short Duration Fund Datagrid
Category Ultra Short Duration Fund
BMSMONEY Rank 7
Rating
Growth Option 27-04-2026
NAV ₹15.99(R) +0.02% ₹16.21(D) +0.02%
Returns 1Y 3Y 5Y 7Y 10Y
Lumpsum Regular 6.27% 7.0% 5.99% 6.0% -%
Direct 6.48% 7.2% 6.19% 6.18% -%
Benchmark
SIP (XIRR) Regular 6.22% 6.86% 6.65% 5.82% -%
Direct 6.42% 7.06% 6.85% 6.01% -%
Ratio Sharpe Ratio Sortino Ratio Sterling Ratio Jensen's Alpha Treynor Ratio
3.73 2.64 0.69 1.02% -3.96
Risk STD. Dev VaR 1Y95% Max DD Beta Semi Devi.
0.29% 0.0% 0.0% 0.12 0.22%
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
Icici Prudential Ultra Short Term Fund 3
Sbi Ultra Short Duration Fund 4
Baroda BNP Paribas Ultra Short Duration Fund 5

NAV Date: 27-04-2026

Scheme Name NAV Rupee Change Percent Change
BANDHAN ULTRA SHORT TERM FUND - DIRECT PLAN-DAILY IDCW 10.04
0.0000
0.0000%
BANDHAN ULTRA SHORT TERM FUND - REGULAR PLAN DAILY IDCW 10.05
0.0000
0.0100%
BANDHAN ULTRA SHORT TERM FUND - REGULAR PLAN WEEKLY IDCW 10.07
0.0000
-0.0300%
BANDHAN ULTRA SHORT TERM FUND - DIRECT PLAN- WEEKLY IDCW 10.07
0.0000
-0.0400%
BANDHAN ULTRA SHORT TERM FUND - DIRECT PLAN -MONTHLY IDCW 10.12
0.0000
0.0200%
BANDHAN ULTRA SHORT TERM FUND - REGULAR PLAN MONTHLY IDCW 10.13
0.0000
0.0200%
BANDHAN ULTRA SHORT TERM FUND - REGULAR PLAN QUARTERLY IDCW 10.54
0.0000
0.0200%
BANDHAN ULTRA SHORT TERM FUND - DIRECT PLAN QUARTERLY IDCW 10.56
0.0000
0.0200%
BANDHAN ULTRA SHORT TERM FUND - REGULAR PLAN PERIODIC IDCW 13.46
0.0000
0.0200%
BANDHAN ULTRA SHORT TERM FUND - DIRECT PLAN PERIODIC IDCW 13.78
0.0000
0.0200%
BANDHAN ULTRA SHORT TERM FUND - REGULAR PLAN GROWTH 15.99
0.0000
0.0200%
BANDHAN ULTRA SHORT TERM FUND - DIRECT PLAN GROWTH 16.21
0.0000
0.0200%

Review Date: 27-04-2026

Beginning of Analysis

Bandhan Ultra Short Duration Fund is the 8th ranked fund in the Ultra Short Duration Fund category. 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 1.02% which is higher than the category average of 0.75%. Here the fund has shown good performance in terms of risk adjusted returns. The fund has a Sharpe Ratio of 3.73 which is higher than the category average of 2.64.
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 0.8%, 1.74 and 3.08 in last one, three and six months respectively. In the same period the category average return was 0.79%, 1.75% and 3.11% respectively.
  • Bandhan Ultra Short Duration Fund has given a return of 6.48% in last one year. In the same period the Ultra Short Duration Fund category average return was 6.56%.
  • The fund has given a return of 7.2% in last three years and ranked 17.0th out of twenty three funds in the category. In the same period the Ultra Short Duration Fund category average return was 7.26%.
  • The fund has given a return of 6.19% in last five years and ranked 16th out of twenty one funds in the category. In the same period the Ultra Short Duration Fund category average return was 6.36%.
  • The fund has given a SIP return of 6.42% in last one year whereas category average SIP return is 6.5%. The fund one year return rank in the category is 17th in 23 funds
  • The fund has SIP return of 7.06% in last three years and ranks 18th in 23 funds. Nippon India Ultra Short Duration Fund has given the highest SIP return (7.49%) in the category in last three years.
  • The fund has SIP return of 6.85% in last five years whereas category average SIP return is 6.94%.

Bandhan Ultra Short Duration Fund Risk Analysis

  • The fund has a standard deviation of 0.29 and semi deviation of 0.22. The category average standard deviation is 0.3 and semi deviation is 0.22.
  • 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 % 0.79
    0.74
    		0.62 | 0.85 6 | 23 Very Good
    3M Return % 1.69
    1.62
    		1.40 | 1.74 4 | 23 Very Good
    6M Return % 2.97
    2.84
    		2.44 | 3.03 3 | 23 Very Good
    1Y Return % 6.27
    5.99
    		5.18 | 6.45 6 | 23 Very Good
    3Y Return % 7.00
    6.70
    		5.72 | 7.30 6 | 23 Very Good
    5Y Return % 5.99
    5.87
    		4.83 | 6.71 9 | 21 Good
    7Y Return % 6.00
    5.74
    		4.76 | 6.51 6 | 16 Good
    1Y SIP Return % 6.22
    5.92
    		5.11 | 6.29 3 | 22 Very Good
    3Y SIP Return % 6.86
    6.56
    		5.57 | 7.14 5 | 22 Very Good
    5Y SIP Return % 6.65
    6.42
    		5.40 | 6.93 5 | 20 Very Good
    7Y SIP Return % 5.82
    5.63
    		4.63 | 6.20 7 | 15 Good
    Standard Deviation 0.29
    0.30
    		0.22 | 0.37 7 | 23 Good
    Semi Deviation 0.22
    0.22
    		0.17 | 0.26 12 | 23 Good
    Sharpe Ratio 3.73
    2.64
    		-0.59 | 3.92 6 | 23 Very Good
    Sterling Ratio 0.69
    0.66
    		0.57 | 0.73 7 | 23 Good
    Sortino Ratio 2.64
    1.85
    		-0.19 | 3.16 7 | 23 Good
    Jensen Alpha % 1.02
    0.75
    		-0.19 | 1.28 7 | 23 Good
    Treynor Ratio -3.96
    -4.28
    		-6.10 | -3.02 10 | 23 Good
    Modigliani Square Measure % 9.21
    8.28
    		5.70 | 9.38 4 | 23 Very Good
    Alpha % -1.17
    -1.41
    		-2.31 | -0.79 8 | 23 Good
    Return data last Updated On : April 27, 2026.
    Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : March 30, 2026
    KPIs: Key Performance Indicators

    Rotate the phone! Best viewed in landscape mode on mobile.
    KPIs* Fund Benchmark Cat. Avg Min | Max Rank (In Cat.) Performance
    1M Return % 0.80 0.79 0.66 | 0.89 12 | 23 Good
    3M Return % 1.74 1.75 1.66 | 1.85 14 | 23 Average
    6M Return % 3.08 3.11 2.96 | 3.32 16 | 23 Average
    1Y Return % 6.48 6.56 6.14 | 6.94 15 | 23 Average
    3Y Return % 7.20 7.26 6.48 | 7.61 17 | 23 Average
    5Y Return % 6.19 6.36 5.53 | 7.54 16 | 21 Average
    7Y Return % 6.18 6.25 5.30 | 6.83 12 | 16 Average
    1Y SIP Return % 6.42 6.50 6.17 | 6.89 17 | 23 Average
    3Y SIP Return % 7.06 7.14 6.38 | 7.49 18 | 23 Average
    5Y SIP Return % 6.85 6.94 6.14 | 7.38 16 | 21 Average
    7Y SIP Return % 6.01 6.16 5.30 | 6.82 13 | 16 Poor
    Standard Deviation 0.29 0.30 0.22 | 0.37 7 | 23 Good
    Semi Deviation 0.22 0.22 0.17 | 0.26 12 | 23 Good
    Sharpe Ratio 3.73 2.64 -0.59 | 3.92 6 | 23 Very Good
    Sterling Ratio 0.69 0.66 0.57 | 0.73 7 | 23 Good
    Sortino Ratio 2.64 1.85 -0.19 | 3.16 7 | 23 Good
    Jensen Alpha % 1.02 0.75 -0.19 | 1.28 7 | 23 Good
    Treynor Ratio -3.96 -4.28 -6.10 | -3.02 10 | 23 Good
    Modigliani Square Measure % 9.21 8.28 5.70 | 9.38 4 | 23 Very Good
    Alpha % -1.17 -1.41 -2.31 | -0.79 8 | 23 Good
    Return data last Updated On : April 27, 2026.
    Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : March 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
    27-04-2026 15.99 16.2112
    24-04-2026 15.9866 16.2075
    23-04-2026 15.9861 16.2069
    22-04-2026 15.9876 16.2083
    21-04-2026 15.9866 16.2072
    20-04-2026 15.9848 16.2053
    17-04-2026 15.978 16.1982
    16-04-2026 15.9762 16.1963
    15-04-2026 15.971 16.1909
    13-04-2026 15.9587 16.1783
    10-04-2026 15.9492 16.1684
    09-04-2026 15.938 16.1569
    08-04-2026 15.9247 16.1434
    07-04-2026 15.9116 16.1301
    06-04-2026 15.9038 16.122
    02-04-2026 15.8953 16.1131
    30-03-2026 15.8837 16.1011
    27-03-2026 15.8652 16.0821

    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.