Previously Known As : Sbi Magnum Ultra Short Duration Fund
Sbi Ultra Short Duration Fund Datagrid
Category Ultra Short Duration Fund
BMSMONEY Rank 7
Rating
Growth Option 24-07-2026
NAV ₹6372.19(R) +0.01% ₹6498.73(D) +0.01%
Returns 1Y 3Y 5Y 7Y 10Y
Lumpsum Regular 6.08% 6.94% 6.14% 5.96% 6.4%
Direct 6.3% 7.17% 6.36% 6.17% 6.58%
Benchmark
SIP (XIRR) Regular 6.36% 6.78% 5.96% 5.92% 6.13%
Direct 6.59% 7.01% 6.19% 6.14% 6.34%
Ratio Sharpe Ratio Sortino Ratio Sterling Ratio Jensen's Alpha Treynor Ratio
2.49 1.68 0.7 0.63% 0.08
Risk STD. Dev VaR 1Y95% Max DD Beta Semi Devi.
0.45% 0.0% 0.0% 0.16 0.29%
Fund AUM As on: 30/12/2025 15212 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
SBI Ultra Short Duration Fund - Regular Plan - Weekly Income Distribution cum Capital Withdrawal Option (IDCW) 1264.64
-1.3200
-0.1000%
SBI Ultra Short Duration Fund - Direct Plan - Weekly Income Distribution cum Capital Withdrawal Option (IDCW) 1272.59
-1.3600
-0.1100%
SBI Ultra Short Duration Fund - Regular Plan - Daily Income Distribution cum Capital Withdrawal Option (IDCW) 2400.12
0.2900
0.0100%
SBI Ultra Short Duration Fund - Direct Plan - Daily Income Distribution cum Capital Withdrawal Option (IDCW) 2430.05
0.3100
0.0100%
SBI ULTRA SHORT DURATION FUND - REGULAR PLAN - GROWTH 6372.19
0.7800
0.0100%
SBI ULTRA SHORT DURATION FUND - DIRECT PLAN - GROWTH 6498.73
0.8300
0.0100%

Review Date: 24-07-2026

Beginning of Analysis

In the Ultra Short Duration Fund category, SBI Ultra Short Duration Fund is the 7th ranked fund. The category has total 23 funds. The 4 star rating shows a very good past performance of the SBI Ultra Short Duration Fund in Ultra Short Duration Fund. The fund has a Jensen Alpha of 0.63% which is higher than the category average of 0.45%. Here the fund has shown good performance in terms of risk adjusted returns. The fund has a Sharpe Ratio of 2.49 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.

SBI Ultra Short Duration Fund Return Analysis

  • The fund has given a return of 0.6%, 1.61 and 3.27 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.
  • SBI Ultra Short Duration Fund has given a return of 6.3% 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 7.17% in last three years and ranked 16.0th 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 6.36% in last five years and ranked 15th 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 return of 6.58% in last ten years and ranked 6th out of ten funds in the category. In the same period the category average return was 6.42%.
  • The fund has given a SIP return of 6.59% in last one year whereas category average SIP return is 6.76%. The fund one year return rank in the category is 21st in 24 funds
  • The fund has SIP return of 7.01% in last three years and ranks 18th 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 6.19% in last five years whereas category average SIP return is 6.26%.

SBI Ultra Short Duration Fund Risk Analysis

  • The fund has a standard deviation of 0.45 and semi deviation of 0.29. 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 % 0.58
    0.56
    		0.47 | 0.65 5 | 23 Very Good
    3M Return % 1.55
    1.53
    		1.32 | 1.68 12 | 23 Good
    6M Return % 3.17
    3.15
    		2.79 | 3.38 11 | 23 Good
    1Y Return % 6.08
    5.86
    		5.09 | 6.28 7 | 23 Good
    3Y Return % 6.94
    6.67
    		5.69 | 7.25 7 | 23 Good
    5Y Return % 6.14
    5.95
    		4.98 | 6.48 8 | 22 Good
    7Y Return % 5.96
    5.71
    		4.72 | 6.42 6 | 17 Good
    10Y Return % 6.40
    5.95
    		3.60 | 6.85 3 | 10 Very Good
    15Y Return % 7.23
    7.10
    		6.64 | 7.73 3 | 9 Very Good
    1Y SIP Return % 6.36
    6.20
    		5.43 | 6.62 8 | 23 Good
    3Y SIP Return % 6.78
    6.54
    		5.54 | 7.08 7 | 23 Good
    5Y SIP Return % 5.96
    5.74
    		4.75 | 6.26 7 | 22 Good
    7Y SIP Return % 5.92
    5.73
    		4.72 | 6.28 6 | 17 Good
    10Y SIP Return % 6.13
    5.75
    		4.12 | 6.52 3 | 10 Very Good
    15Y SIP Return % 6.62
    6.42
    		5.84 | 7.02 3 | 9 Very Good
    Standard Deviation 0.45
    0.43
    		0.31 | 0.50 17 | 23 Average
    Semi Deviation 0.29
    0.29
    		0.22 | 0.35 16 | 23 Average
    Sharpe Ratio 2.49
    1.96
    		-0.27 | 2.91 8 | 23 Good
    Sterling Ratio 0.70
    0.67
    		0.57 | 0.73 7 | 23 Good
    Sortino Ratio 1.68
    1.31
    		-0.10 | 2.22 9 | 23 Good
    Jensen Alpha % 0.63
    0.45
    		-0.34 | 0.93 8 | 23 Good
    Treynor Ratio 0.08
    0.07
    		0.01 | 0.10 7 | 23 Good
    Modigliani Square Measure % 2.06
    1.63
    		-0.22 | 2.41 8 | 23 Good
    Alpha % -1.25
    -1.43
    		-2.34 | -0.84 10 | 23 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 % 0.60 0.61 0.54 | 0.69 14 | 24 Average
    3M Return % 1.61 1.67 1.56 | 1.78 20 | 24 Poor
    6M Return % 3.27 3.42 3.25 | 3.63 22 | 24 Poor
    1Y Return % 6.30 6.44 6.17 | 6.82 21 | 24 Poor
    3Y Return % 7.17 7.23 6.49 | 7.58 16 | 23 Average
    5Y Return % 6.36 6.47 5.69 | 7.09 15 | 22 Average
    7Y Return % 6.17 6.22 5.29 | 6.74 12 | 17 Average
    10Y Return % 6.58 6.42 4.10 | 7.30 6 | 10 Good
    1Y SIP Return % 6.59 6.76 6.37 | 7.18 21 | 24 Poor
    3Y SIP Return % 7.01 7.10 6.38 | 7.46 18 | 23 Average
    5Y SIP Return % 6.19 6.26 5.51 | 6.63 15 | 22 Average
    7Y SIP Return % 6.14 6.25 5.42 | 6.95 12 | 17 Average
    10Y SIP Return % 6.34 6.24 4.71 | 6.82 6 | 10 Good
    Standard Deviation 0.45 0.43 0.31 | 0.50 17 | 23 Average
    Semi Deviation 0.29 0.29 0.22 | 0.35 16 | 23 Average
    Sharpe Ratio 2.49 1.96 -0.27 | 2.91 8 | 23 Good
    Sterling Ratio 0.70 0.67 0.57 | 0.73 7 | 23 Good
    Sortino Ratio 1.68 1.31 -0.10 | 2.22 9 | 23 Good
    Jensen Alpha % 0.63 0.45 -0.34 | 0.93 8 | 23 Good
    Treynor Ratio 0.08 0.07 0.01 | 0.10 7 | 23 Good
    Modigliani Square Measure % 2.06 1.63 -0.22 | 2.41 8 | 23 Good
    Alpha % -1.25 -1.43 -2.34 | -0.84 10 | 23 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 Sbi Ultra Short Duration Fund NAV Regular Growth Sbi Ultra Short Duration Fund NAV Direct Growth
    24-07-2026 6372.1909 6498.7291
    23-07-2026 6371.4157 6497.9032
    22-07-2026 6369.6562 6496.0734
    21-07-2026 6369.4814 6495.8596
    20-07-2026 6366.3651 6492.6461
    17-07-2026 6364.7858 6490.9293
    16-07-2026 6361.7956 6487.8446
    15-07-2026 6358.5871 6484.5372
    14-07-2026 6357.9139 6483.8153
    13-07-2026 6361.0505 6486.9787
    10-07-2026 6359.2052 6484.9909
    09-07-2026 6357.3818 6483.0961
    08-07-2026 6353.3822 6478.982
    07-07-2026 6357.7247 6483.373
    06-07-2026 6361.4528 6487.1373
    03-07-2026 6359.2928 6484.8225
    02-07-2026 6358.9638 6484.4497
    01-07-2026 6355.4851 6480.8649
    30-06-2026 6351.3835 6476.6449
    29-06-2026 6347.6241 6472.7731
    25-06-2026 6339.9396 6464.7877
    24-06-2026 6335.3282 6460.0483

    Fund Launch Date: 06/Mar/2007
    Fund Category: Ultra Short Duration Fund
    Investment Objective: To provide investors with an opportunity to generate regular income with high degree of liquidity through investments in a portfolio comprising predominantly of debt and money market instruments.
    Fund Description: An open-ended ultra-short-term Debt Scheme investing in instruments such that the Macaulay Duration of the portfolio is between 3 months to 6 months.
    Fund Benchmark: NIFTY Ultra Short Duration
    Source: Fund FactSheet

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