DEBT•ULTRA SHORT DURATION FUND
SBI Ultra Short Duration Fund
3 Year return
7.18%
NAV on August 11, 2026
6522.1781
1D Returns
+4.31%
Launched on January 2013(13 years)
Investment Details
₹500
Minimum SIP Amount
₹5000
Minimum one time investment
Fund has no lock-in period
Calculate Returns
Based on past performance of this fund
₹
Your Investment₹3,600
Gain
11.89%₹428
Total Value ₹4,028
Risk Involved
Your principal will be at
Very High Risk
Scheme Information
Asset Under Management
₹11,407.84 Cr.
Expense Ratio
0.35% (inclusive of GST)
Exit Load
Nil
Ratings
4
Ratings by other agencies
Value Research
3
Crisil
4
Morning Star
5
Tax Implications
Tax on gains as per your income tax bracket
SBI Mutual Fund Manager
SA
Sudhir Agrawal
Fund Manager since Jul 2012
Fund House Details
SBI Mutual Fund
Asset management company
AUM
₹12,81,380.68 Cr.
No. of Schemes
273
Setup Date
June 1987
Peer Comparison
Comparison with other similar funds
| Funds | 3 Y Returns | ARQ Rating |
|---|---|---|
| UTI Ultra Short Duration Fund | 7.3332% | 2.5 |
| Nippon India Ultra Short Duration Fund | 7.5958% | 3 |
| ICICI Prudential Ultra Short Term Fund | 7.4289% | 5 |
Schemes by SBI Mutual Fund
List of mutual fund schemes by AMC
Funds
3 Years Returns
SBI Magnum Ultra Short Duration Fund Direct Plan Growth is an ultra short duration debt fund managed by SBI Mutual Fund. Ultra short duration debt funds are a type of debt fund that invests in debt securities with a maturity period of 3 months to 6 months. This means that the fund is less sensitive to interest rate changes than other types of debt funds.
SBI Magnum is a fund house with a long history of managing debt funds. The fund has a good track record of performance, and is managed by a team of experienced professionals.
Investment Objectives of the Scheme
The investment objective of SBI Magnum Ultra Short Duration Fund Direct Plan Growth is to generate income by investing in a portfolio of ultra short-term debt securities. The fund also aims to preserve capital by investing in high-quality debt securities.
Key Features of The Fund
5-year return
6.3939%
Expense Ratio
0.35%
Fund Manager
Sudhir Agrawal
Fund Size
₹11407.84 Cr.
Risk Profile
Moderately Low
Is This Scheme Right for Me?
SBI Magnum Ultra Short Duration Fund Direct Plan Growth is suitable for investors who are looking for a low-risk debt fund that generates regular income. The fund is also suitable for investors who are looking to preserve their capital.
The fund is not suitable for investors who are looking for high returns or who are willing to take on a lot of risk.
Overall, SBI Magnum Ultra Short Duration Fund Direct Plan Growth is a good option for investors who are looking for a low-risk debt fund with a good track record of performance and a low expense ratio. However, it is important to remember that all investments carry some risk. You should do your own research before investing in any fund.
AMC Contact Details
| Name | SBI Mutual Fund |
| Launch Date | June 1987 |
| Address | 9th Floor, Crescenzo, C-38 & 39, G Block, Bandra-Kurla Complex, Mumbai, Maharashtra, India - 400 051 |
| Contact | 1800 209 33331800 425 5425 |
| customer.delight@sbimf.com | |
| Website | https://www.sbimf.com/ |
Disclaimer: Mutual funds are subject to market risk. Read all scheme-related documents carefully to make informed-decision.
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FAQs
What is today's NAV of SBI Ultra Short Duration 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 SBI Ultra Short Duration Fund on August 11, 2026, is ₹6522.1781
What is the AUM of SBI Ultra Short Duration 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 SBI Ultra Short Duration Fund, is ₹11407.84 crore.
What is the expense ratio of SBI Ultra Short Duration 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 SBI Ultra Short Duration Fund is 0.35%
What are the returns of SBI Ultra Short Duration Fund since inception?
The SBI Ultra Short Duration Fund was launched on January 01, 2013. The fund has delivered a CAGR of undefined since inception.
What is the minimum SIP amount to invest in SBI Ultra Short Duration 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 SBI Ultra Short Duration Fund is ₹500.
How do I invest in SBI Ultra Short Duration Fund?
- Make sure you are logged in to Angel One.
- Select the type of investment: SIP or one-time.
- 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.
- Proceed by clicking the pay button and choosing your mode of payment.
- Your portfolio will be updated with this investment in 3-5 working days.
How to start an SIP in SBI Ultra Short Duration Fund?
- Click on the ‘Invest’ button.
- Enter your desired SIP amount and the SIP date.
- You can uncheck the ‘Make first payment now’ box if you don’t want to make the payment right away.
- Choose your payment method between UPI and Net Banking.
- Make your payment.
- Your SIP is created.
How do I automate an SIP in SBI Ultra Short Duration Fund?
- Once you create an SIP, click on ‘Set up autopay’
- Select your desired verification method - debit card, net banking or Aadhar method credentials - and click on submit.
- Once you verify the OTP, your mandate request will be created.
How can I withdraw/redeem my investment in SBI Ultra Short Duration Fund?
- Go to the ‘Investments’ section and click on the mutual fund scheme you want to withdraw.
- Enter the amount you want to withdraw and tap the ‘Withdraw’ button.
- Verify the details on the ‘Confirm withdraw’ screen.
- Select the bank account in which you want to receive the funds.
- You will receive your funds within three working days of placing the order.
- You can track your order in the ‘Orders’ section.
ENTER AMOUNT
₹
₹4,028 in 3Y at 7.1811% returns
SIP Date1st of every month
Your next SIP Payment will be on 11 September 2026
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