3 Year return

Launched on September 2018 (6 years)

Investment Details


Minimum SIP Amount


Minimum one time investment

Fund has no lock-in period

Calculate Returns

Based on past performance of this fund


Your Investment ₹3,00,000
  • Total Value


Your Investment
  • Total Value

Risk Involved

Moderate Risk

Your principal will be at

Moderate Risk

Scheme Information

Asset Under Management

₹14314.83 Cr.

Expense Ratio

0.36% (inclusive of GST)

Exit Load



ARQ Rating

Ratings by other agencies


Tax Implications

Withdrawal within 3 years

Tax based on your income tax bracket

Withdrawal after 3 years

20% tax after indexation (adjusting for inflation)

Fund Holdings


HDFC Mutual Fund Managers


Anil Bamboli

Fund Manager since Apr 2022

View Details

Fund House Details

HDFC Mutual Fund

HDFC Mutual Fund Asset management company

AUM ₹617,677.76 Cr.
No. of Schemes 167
Setup Date NA

Peer Comparison

Comparison with other similar funds

Schemes by HDFC Mutual Fund

List of mutual fund schemes by AMC

About HDFC Ultra Short Term Fund Direct Plan Growth

HDFC Ultra Short Term Fund Direct Plan Growth is a debt mutual fund scheme under HDFC Mutual Fund. This ultra short duration fund has low to moderate risk levels, and is open ended in its structure. The expense ratio for this scheme is among the lowest in its category (ultra short duration). CRISIL Ultra Short Duration Debt B-I Index is the benchmark for this scheme.

Investment Objective of The Scheme

Through investments in debt securities as well as money market instruments, the HDFC Ultra Short Term Fund Direct Plan Growth hopes to generate income or capital appreciation. With this type of scheme, your funds will be invested in an ultra-short-term fund that offers great liquidity and pays out somewhat higher dividends than a typical liquid fund.

Key Features of The Fund

5-year return 6.09%
Expense Ratio 0.36%
Fund Manager Anil Bamboli
Fund Size ₹14314.83 Cr
Risk Profile Moderate

Is This Scheme Right for Me?

If you are looking for a regular source of income through investments, HDFC Ultra Short Term Fund Direct Plan Growth could be a good option for you. This scheme, according to the recent guidelines of SEBI to calculate risk levels, falls within the category of low to moderate risk. The suggested investment horizon for the scheme is 3 to 6 months, in order to reduce the downside risks involved and, at the same time, ensure that you can predict the returns better. However, before making investment decisions, it is critical to analyse your individual financial objectives.

AMC Contact Details

Name HDFC Mutual Fund
Launch Date July 2000
Addresss "HDFC House", 2nd Floor, H. T. Parekh Marg, 165-166, Backbay Reclamation, Churchgate, Mumbai - 400020
Contact 1800 3010 67671800 419 7676
Email hello@hdfcfund.com
Website https://www.hdfcfund.com/

Disclaimer: Mutual funds are subject to market risk. Read all scheme-related documents carefully to make informed-decision.

Build Investment Discipline with SIPs

SIPs instill a habit of disciplined saving. By automating your investments, you ensure consistent contributions towards your financial goals. Plan your SIP investment strategy the SIP investment calculator. This tool helps you estimate returns and stay on track with your long-term investment plan.


What is today's NAV of HDFC Ultra Short Term Fund?

NAV, or Net Asset Value, is the price of a single unit of a mutual fund. It is calculated by dividing the current value of holdings held by the mutual fund scheme at the end of the day by the total number of units issued. The NAV changes every day. The NAV of HDFC Ultra Short Term Fund Jun 18 2024 is 14.3193

What is the AUM of HDFC Ultra Short Term Fund?

Short for Asset Under Management, AUM means the total assets held by a mutual fund scheme. The AUM of the fund changes every day based on the fluctuation in the price of the underlying assets. Fund houses don't update AUM on a daily basis. They only update it at the end of the month and release it within a few days of the following month. The AUM of HDFC Ultra Short Term Fund is 14314.83 crore.

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

The expense ratio is the annual charges you pay to the mutual fund house for managing your investments. It is a percentage of Assets Under Management. It is deducted from the fund’s returns. The expense ratio of HDFC Ultra Short Term Fund is 0.36%

What are the returns of HDFC Ultra Short Term Fund since inception?

The HDFC Ultra Short Term Fund was launched on Sep 18 2018. The fund has delivered a CAGR of 6.46 since inception.

What is the minimum SIP amount to invest in HDFC Ultra Short Term Fund?

A Systematic Investment Plan (SIP) in mutual funds allows you to invest small amounts periodically instead of a one-time investment. The frequency of investment can be monthly, quarterly, half-yearly or annually, as per your convenience. The minimum SIP for HDFC Ultra Short Term Fund is 100.

How do I invest in HDFC Ultra Short Term Fund?

  1. Make sure you are logged in to Angel One.
  2. Select the type of investment: SIP or one-time.
  3. In case of an SIP, select the amount and date and click ‘Start SIP’. In case of a one-time investment, enter just the amount.
  4. Proceed by clicking the pay button and choosing your mode of payment.
  5. Your portfolio will be updated with this investment in 3-5 working days.

How to start an SIP in HDFC Ultra Short Term Fund?

  1. Click on the ‘Invest’ button.
  2. Enter your desired SIP amount and the SIP date.
  3. You can uncheck the ‘Make first payment now’ box if you don’t want to make the payment right away.
  4. Choose your payment method between UPI and Net Banking.
  5. Make your payment.
  6. Your SIP is created.

How do I automate an SIP in HDFC Ultra Short Term Fund?

  1. Once you create an SIP, click on ‘Set up autopay’
  2. Select your desired verification method - debit card, net banking or Aadhar method credentials - and click on submit.
  3. Once you verify the OTP, your mandate request will be created.

How can I withdraw/redeem my investment in HDFC Ultra Short Term Fund?

  1. Go to the ‘Investments’ section and click on the mutual fund scheme you want to withdraw.
  2. Enter the amount you want to withdraw and tap the ‘Withdraw’ button.
  3. Verify the details on the ‘Confirm withdraw’ screen.
  4. Select the bank account in which you want to receive the funds.
  5. You will receive your funds within three working days of placing the order.
  6. You can track your order in the ‘Orders’ section.