Debt · Ultra Short to Short Term

HDFC Ultra Short to Short Term Fund

HDFC Asset Management Company Limited

Benchmark

NIFTY Low Duration Debt Index A-I

Riskometer

Low to Moderate

Size

₹15,564 cr

Allotted

18 Nov 1999

Holdings as of

30 Sep 2026

HDFC Ultra Short to Short Term Fund is a ultra short to short term fund of HDFC Asset Management Company Limited with ₹15,564 cr under management. It is ahead of its benchmark (NIFTY Low Duration Debt Index A-I) in 3 of 4 periods. Its direct plan charges 0.46% a year. Anupam Joshi has managed it for 11.0 years.

Debt and hybrid funds: the company-level sections (scorecard, companies inside, how it is run, nearest index) are not shown. Mix, returns, costs and managers only.

What is HDFC Ultra Short to Short Term Fund invested in?

98% in debt, 0% in shares and 2% in cash, as of 30 Sep 2026.

Equity0.0%Debt97.9%Cash1.7%Other0.4%

Holdings as of 30 Sep 2026

Has HDFC Ultra Short to Short Term Fund beaten its benchmark?

Ahead of its benchmark, NIFTY Low Duration Debt Index A-I, in 3 of 4 periods in AMFI's figures; +6.07% over the last year against +6.30%.

Period returns

Direct Plan, growth · 3y and longer a year

Period	Fund	Nifty 500 TRI	Ahead
1 month	+0.43%	−3.60%	—
3 months	+1.97%	−5.03%	—
6 months	+4.38%	−1.83%	—
1 year	+8.06%	−4.06%	+12.12 pts
3 years	+7.79%	+9.27%	−1.48 pts
5 years	+8.14%	+8.00%	+0.14 pts
10 years	+8.03%	+12.69%	−4.66 pts
Since start from 24 Apr 2007	+8.11%	—	—

Valarth price history to 10 May 2019 · the index is the one the fund is nearest; — not on record

Official figures

AMFI performance feed, 13 Oct 2026

Ahead of its benchmark (NIFTY Low Duration Debt Index A-I) in 3 of 4 periods.

Period	Direct	Regular	Benchmark	Ahead	Rank
1y	+6.07%	+5.44%	+6.30%	−0.23	🔒
3y	+7.39%	+6.75%	+7.10%	+0.29	🔒
5y	+6.73%	+6.09%	+6.37%	+0.36	🔒
10y	+7.05%	+6.40%	+6.45%	+0.60	🔒

Ahead in points a year · its rank among Ultra Short to Short Term funds, and how steady the lead is, in the app

Value of 100, month-end

May 2009 to 10 May 2019

Fund 216Nifty 500 TRI 307

₹100 put in at the start of May 2009 would be ₹216 on 10 May 2019, against ₹307 in the Nifty 500 TRI.

Risk, falls and every year

🔒 Pro

Its worst fall and how long it took to recover, three-year stretches, Sharpe, beta and capture ratios, calendar years beside the index, and money in and out: in the app.

See them in the app →

What does HDFC Ultra Short to Short Term Fund cost?

0.46% a year on the direct plan, 1.05% on the regular plan; 24 of 25 funds in its category charge less.

Direct plan

0.46% a year

Category median 0.34%

Regular plan

1.05% a year

Category median 0.86%

Gap

0.59 points

for the same holdings

24 of 25 funds in its category charge less on the direct plan.

Expense report, Oct 2026 · Income/Debt Oriented Schemes - Ultra Short to Short Term Fund

What the regular plan costs you over time

🔒 Pro

The same money left for years in the direct and the regular plan, side by side, and what the commission takes: in the app.

Who manages HDFC Ultra Short to Short Term Fund?

Anupam Joshi, since 27 Oct 2015; Gopal Agrawal, since 1 Sep 2026; Praveen Jain, since 6 Oct 2022.

Anupam Joshi

11.0 years

since 27 Oct 2015

Gopal Agrawal

0.1 years

since 1 Sep 2026

Praveen Jain

4.0 years

since 6 Oct 2022

Benchmark as filedNifty Low Duration Debt Index A-I

Exit load

NIL

From 2 Scheme Summary Documents filed with NSE, first on 14 Sep 2026; as on 13 Oct 2026

Questions people ask

Who manages HDFC Ultra Short to Short Term Fund?

Anupam Joshi (manager) since 27 Oct 2015; Gopal Agrawal (manager) since 1 Sep 2026; Praveen Jain (manager) since 6 Oct 2022.

What is the expense ratio of HDFC Ultra Short to Short Term Fund?

0.46% a year on the direct plan and 1.05% on the regular plan (expense report, Oct 2026).

How has HDFC Ultra Short to Short Term Fund done?

Its direct plan returned +7.39% a year over 3 years against +7.10% for its benchmark, NIFTY Low Duration Debt Index A-I, as of 13 Oct 2026.