Previously Known As : Sbi Magnum Ultra Short Duration Fund
Sbi Ultra Short Duration Fund Datagrid
Category Ultra Short Duration Fund
BMSMONEY Rank 4
Rating
Growth Option 27-04-2026
NAV ₹6275.58(R) +0.01% ₹6397.0(D) +0.02%
Returns 1Y 3Y 5Y 7Y 10Y
Lumpsum Regular 6.23% 6.99% 6.0% 6.04% 6.43%
Direct 6.45% 7.22% 6.21% 6.24% 6.61%
Benchmark
SIP (XIRR) Regular 6.11% 6.84% 6.64% 5.83% 6.11%
Direct 6.34% 7.07% 6.86% 6.05% 6.31%
Ratio Sharpe Ratio Sortino Ratio Sterling Ratio Jensen's Alpha Treynor Ratio
3.92 3.16 0.7 1.07% -4.19
Risk STD. Dev VaR 1Y95% Max DD Beta Semi Devi.
0.29% 0.0% 0.0% 0.11 0.2%
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
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
SBI Magnum Ultra Short Duration Fund - Regular Plan - Weekly Income Distribution cum Capital Withdrawal Option (IDCW) 1264.82
0.1800
0.0100%
SBI Magnum Ultra Short Duration Fund - Direct Plan - Weekly Income Distribution cum Capital Withdrawal Option (IDCW) 1272.8
0.2100
0.0200%
SBI Magnum Ultra Short Duration Fund - Regular Plan - Daily Income Distribution cum Capital Withdrawal Option (IDCW) 2363.73
0.3400
0.0100%
SBI Magnum Ultra Short Duration Fund - Direct Plan - Daily Income Distribution cum Capital Withdrawal Option (IDCW) 2392.01
0.3900
0.0200%
SBI MAGNUM ULTRA SHORT DURATION FUND - REGULAR PLAN - GROWTH 6275.58
0.9000
0.0100%
SBI MAGNUM ULTRA SHORT DURATION FUND - DIRECT PLAN - GROWTH 6397.0
1.0300
0.0200%

Review Date: 27-04-2026

Beginning of Analysis

Sbi Ultra Short Duration Fund is the 7th ranked fund in the Ultra Short Duration Fund category. The category has total 23 funds. The Sbi Ultra Short Duration Fund has shown a very good past performence in Ultra Short Duration Fund. The fund has a Jensen Alpha of 1.07% which is higher than the category average of 0.75%. Here the fund has shown very good performance in terms of risk adjusted returns. The fund has a Sharpe Ratio of 3.92 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.

Sbi Ultra Short Duration Fund Return Analysis

  • The fund has given a return of 0.7%, 1.66 and 3.05 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.
  • Sbi Ultra Short Duration Fund has given a return of 6.45% 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 7.22% 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 7.26%.
  • The fund has given a return of 6.21% in last five years and ranked 15th 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 return of 6.61% in last ten years and ranked 6th out of ten funds in the category. In the same period the category average return was 6.48%.
  • The fund has given a SIP return of 6.34% in last one year whereas category average SIP return is 6.5%. The fund one year return rank in the category is 20th in 23 funds
  • The fund has SIP return of 7.07% in last three years and ranks 17th 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 6.86% in last five years whereas category average SIP return is 6.94%.

Sbi Ultra Short Duration Fund Risk Analysis

  • The fund has a standard deviation of 0.29 and semi deviation of 0.2. 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 % 0.69
    0.74
    		0.62 | 0.85 19 | 23 Poor
    3M Return % 1.61
    1.62
    		1.40 | 1.74 14 | 23 Average
    6M Return % 2.94
    2.84
    		2.44 | 3.03 7 | 23 Good
    1Y Return % 6.23
    5.99
    		5.18 | 6.45 7 | 23 Good
    3Y Return % 6.99
    6.70
    		5.72 | 7.30 7 | 23 Good
    5Y Return % 6.00
    5.87
    		4.83 | 6.71 8 | 21 Good
    7Y Return % 6.04
    5.74
    		4.76 | 6.51 5 | 16 Good
    10Y Return % 6.43
    6.00
    		3.64 | 6.92 3 | 10 Very Good
    15Y Return % 7.27
    7.11
    		6.68 | 7.77 3 | 8 Good
    1Y SIP Return % 6.11
    5.92
    		5.11 | 6.29 8 | 22 Good
    3Y SIP Return % 6.84
    6.56
    		5.57 | 7.14 6 | 22 Very Good
    5Y SIP Return % 6.64
    6.42
    		5.40 | 6.93 6 | 20 Good
    7Y SIP Return % 5.83
    5.63
    		4.63 | 6.20 6 | 15 Good
    10Y SIP Return % 6.11
    5.72
    		4.02 | 6.51 3 | 10 Very Good
    15Y SIP Return % 6.64
    6.45
    		5.93 | 7.12 2 | 8 Very Good
    Standard Deviation 0.29
    0.30
    		0.22 | 0.37 6 | 23 Very Good
    Semi Deviation 0.20
    0.22
    		0.17 | 0.26 6 | 23 Very Good
    Sharpe Ratio 3.92
    2.64
    		-0.59 | 3.92 1 | 23 Very Good
    Sterling Ratio 0.70
    0.66
    		0.57 | 0.73 5 | 23 Very Good
    Sortino Ratio 3.16
    1.85
    		-0.19 | 3.16 1 | 23 Very Good
    Jensen Alpha % 1.07
    0.75
    		-0.19 | 1.28 4 | 23 Very Good
    Treynor Ratio -4.19
    -4.28
    		-6.10 | -3.02 14 | 23 Average
    Modigliani Square Measure % 9.38
    8.28
    		5.70 | 9.38 1 | 23 Very Good
    Alpha % -1.15
    -1.41
    		-2.31 | -0.79 7 | 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

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    KPIs* Fund Benchmark Cat. Avg Min | Max Rank (In Cat.) Performance
    1M Return % 0.70 0.79 0.66 | 0.89 22 | 23 Poor
    3M Return % 1.66 1.75 1.66 | 1.85 23 | 23 Poor
    6M Return % 3.05 3.11 2.96 | 3.32 18 | 23 Average
    1Y Return % 6.45 6.56 6.14 | 6.94 17 | 23 Average
    3Y Return % 7.22 7.26 6.48 | 7.61 16 | 23 Average
    5Y Return % 6.21 6.36 5.53 | 7.54 15 | 21 Average
    7Y Return % 6.24 6.25 5.30 | 6.83 10 | 16 Average
    10Y Return % 6.61 6.48 4.12 | 7.39 6 | 10 Good
    1Y SIP Return % 6.34 6.50 6.17 | 6.89 20 | 23 Poor
    3Y SIP Return % 7.07 7.14 6.38 | 7.49 17 | 23 Average
    5Y SIP Return % 6.86 6.94 6.14 | 7.38 15 | 21 Average
    7Y SIP Return % 6.05 6.16 5.30 | 6.82 12 | 16 Average
    10Y SIP Return % 6.31 6.20 4.59 | 6.82 6 | 10 Good
    Standard Deviation 0.29 0.30 0.22 | 0.37 6 | 23 Very Good
    Semi Deviation 0.20 0.22 0.17 | 0.26 6 | 23 Very Good
    Sharpe Ratio 3.92 2.64 -0.59 | 3.92 1 | 23 Very Good
    Sterling Ratio 0.70 0.66 0.57 | 0.73 5 | 23 Very Good
    Sortino Ratio 3.16 1.85 -0.19 | 3.16 1 | 23 Very Good
    Jensen Alpha % 1.07 0.75 -0.19 | 1.28 4 | 23 Very Good
    Treynor Ratio -4.19 -4.28 -6.10 | -3.02 14 | 23 Average
    Modigliani Square Measure % 9.38 8.28 5.70 | 9.38 1 | 23 Very Good
    Alpha % -1.15 -1.41 -2.31 | -0.79 7 | 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 Sbi Ultra Short Duration Fund NAV Regular Growth Sbi Ultra Short Duration Fund NAV Direct Growth
    27-04-2026 6275.5837 6396.995
    24-04-2026 6274.6795 6395.9625
    23-04-2026 6274.9083 6396.1589
    22-04-2026 6276.2592 6397.499
    21-04-2026 6275.5974 6396.7875
    20-04-2026 6275.1807 6396.3259
    17-04-2026 6272.7282 6393.7154
    16-04-2026 6272.4107 6393.3549
    15-04-2026 6270.1494 6391.0128
    13-04-2026 6265.993 6386.7026
    10-04-2026 6263.0331 6383.5751
    09-04-2026 6260.0727 6380.521
    08-04-2026 6253.871 6374.163
    07-04-2026 6248.1889 6368.3348
    06-04-2026 6246.5616 6366.6394
    02-04-2026 6245.6189 6365.5334
    30-03-2026 6240.7996 6360.5103
    27-03-2026 6232.8403 6352.2886

    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.