Markets / Mutual funds / Ultra Short Duration

BANDHAN ULTRA SHORT TO SHORT TERM FUND - Regular Plan - IDCW

NAVs of 8 Nov 2026

Bandhan Mutual Fund · Debt fund · Regular plan · IDCW

Ultra Short DurationRegular · IDCWRisk: Low to Moderate

NAV · 6 Nov 2026

₹11.2302 ▲ 0.01%

Bandhan Mutual Fund

Fund size₹6,460 crJuly - September 2026

1-month range₹11.19 – 11.23

1 year+0.60%

Expense ratio0.69%regular plan, a year

5 years+0.78%a year

What the fund does

The Scheme seeks to offer an investment avenue for short term savings by looking to generate returns commensurate with a low risk strategy from a portfolio that is invested in debt and money market securities such that the Macaulay duration of the portfolio is between 6 months and 12 months.

BenchmarkNIFTY Low Duration Debt Index A-I

Launched17 Jan 2006

Fund houseBandhan Mutual Fund

Fund managersFM 1 - Mr. Harshal Joshi

NAV history

Returns

1 week

+0.23%avg 0.2%

1 month

+0.31%avg 0.3%

3 months

-0.06%avg 1.0%

6 months

+0.10%avg 2.6%

This year

+1.01%avg 4.3%

1 year

+0.60%avg 5.1%

3 years (a year)

+0.85%avg 6.1%

5 years (a year)

+0.78%avg 5.6%

Bars: this plan; the thin mark is the Ultra Short Duration average (regular plans, growth option). Over a year: yearly averages (CAGR). Past returns do not guarantee future returns. Information only, not investment advice.

Monthly returns (%)

Year	Jan	Feb	Mar	Apr	May	Jun	Jul	Aug	Sep	Oct	Nov	Dec
2024												+0.5
2025	-0.9	+0.6	-0.6	+0.9	+0.8	+0.5	-1.6	+0.4	+0.5	-0.5	+0.5	-0.8
2026	+0.2	+0.6	-0.6	+0.5	+0.2	-0.4	+0.4	+0.4	-0.7	+0.2	+0.2

Each month's change in NAV (the current month to the latest NAV).

What if you had invested?

Amount (₹) Started

Worked out from this plan's actual NAVs. SIP: invested on the first NAV of each month. Taxes and exit loads are not included. Past returns do not guarantee future returns. Information only, not investment advice.

Portfolio as on 31 Oct 2026

Stocks held790 lines in all

Top 10 stocks25.0%of the fund

Short positions-25.0%sold through derivatives

Net equity0.0%long stocks and derivatives minus shorts

Where the money is

Equity 25.0%Debt 47.9%Money market 44.8%Cash & others 7.3%Short -25.0%

Sectors (stocks held)

Other

25.0%

Credit quality (debt and money market)

AAA

38.6%

A1+

38.0%

Sovereign

12.7%

AA+

3.0%

Unrated / other

0.3%

Stocks held 7

Holding	Sector / type	% of fund
Interest Rate Swaps (28/05/2027) Receive Floating	–	4.03%
Interest Rate Swaps (08/04/2027) Receive Floating	–	4.03%
Interest Rate Swaps (08/04/2027) Receive Floating	–	4.03%
Interest Rate Swaps (18/01/2027) Receive Floating	–	4.03%
Interest Rate Swaps (19/01/2027) Receive Floating	–	4.03%
Interest Rate Swaps (23/04/2027) Receive Floating	–	2.42%
Interest Rate Swaps (23/04/2027) Receive Floating	–	2.42%

Short positions 7

Holding	Sector / type	% of fund
Interest Rate Swaps (08/04/2027) Pay Fixed	–	-4.03%
Interest Rate Swaps (08/04/2027) Pay Fixed	–	-4.03%
Interest Rate Swaps (18/01/2027) Pay Fixed	–	-4.03%
Interest Rate Swaps (19/01/2027) Pay Fixed	–	-4.03%
Interest Rate Swaps (28/05/2027) Pay Fixed	–	-4.02%
Interest Rate Swaps (23/04/2027) Pay Fixed	–	-2.42%
Interest Rate Swaps (23/04/2027) Pay Fixed	–	-2.42%

Debt, money market and cash 76

Holding	Sector / type	% of fund
Triparty Repo TRP_021126_VAL	–	6.59%
7.45% Power Finance Corporation Limited ** INE134E08NP7	CRISIL AAA	5.74%
7.83% Bajaj Housing Finance Limited ** INE377Y07649	CRISIL AAA	5.15%
8.1% Tata Capital Housing Finance Limited ** INE033L07IE2	CRISIL AAA	4.43%
Reliance Retail Ventures Limited ** INE929O14FQ1	CRISIL A1+	4.02%
National Bank For Agriculture and Rural Development ** INE261F16AG4	CRISIL A1+	3.96%
182 Days Tbill (MD 01/04/2027) IN002026Y261	SOVEREIGN	3.93%
7.79% Small Industries Dev Bank of India ** INE556F08KM1	CRISIL AAA	3.62%
Punjab National Bank ** INE160A16UE2	CRISIL A1+	3.48%
6.66% National Bank For Agriculture and Rural Development ** INE261F08EP4	ICRA AAA	3.13%
Axis Bank Limited ** INE238AD6CO4	CRISIL A1+	2.84%
Punjab National Bank ** INE160A16UD4	CRISIL A1+	2.53%
8.0409% Tata Capital Housing Finance Limited ** INE033L07ID4	CRISIL AAA	2.45%
HDFC Bank Limited ** INE040A16JC3	CARE A1+	2.37%
HDFC Bank Limited ** INE040A16IO0	CARE A1+	2.13%
8.3% Tata Capital Limited ** INE976I07DC3	ICRA AAA	2.01%
7.79% Small Industries Dev Bank of India ** INE556F08KK5	CRISIL AAA	2.01%
7.1% Bajaj Housing Finance Limited ** INE377Y07607	CRISIL AAA	1.99%
Bank of Baroda ** INE028A16LE0	CARE A1+	1.98%
182 Days Tbill (MD 25/03/2027) IN002026Y253	SOVEREIGN	1.97%
8.1167% Bajaj Finance Limited ** INE296A07SX7	CRISIL AAA	1.77%
5.74% GOI (MD 15/11/2026) IN0020210186	SOVEREIGN	1.61%
Small Industries Dev Bank of India ** INE556F16BV4	CRISIL A1+	1.59%
Small Industries Dev Bank of India ** INE556F16BX0	CRISIL A1+	1.58%
HDFC Bank Limited ** INE040A16IU7	CARE A1+	1.57%
Mahindra & Mahindra Financial Services Limited ** INE774D14TW3	CRISIL A1+	1.57%
REC Limited ** INE020B14748	CRISIL A1+	1.25%
National Bank For Agriculture and Rural Development ** INE261F16AF6	ICRA A1+	1.19%
8.05% Muthoot Finance Limited ** INE414G07JQ6	CRISIL AA+	1.04%
Axis Bank Limited ** INE238AD6BW9	CRISIL A1+	1.03%
7.53% National Bank For Agriculture and Rural Development ** INE261F08EM1	ICRA AAA	0.96%
7.83% Cholamandalam Investment and Finance Company Ltd ** INE121A07SR9	ICRA AA+	0.95%
182 Days Tbill (MD 29/04/2027) IN002026Y303	SOVEREIGN	0.94%
8.22% Uttar Pradesh SDL (MD 16/01/2029) IN3320180125	SOVEREIGN	0.82%
8.56% REC Limited ** INE020B08BG8	CRISIL AAA	0.81%
8.95% Muthoot Finance Limited ** INE414G07JD4	CRISIL AA+	0.81%
8.06% Bajaj Finance Limited ** INE296A07SZ2	CRISIL AAA	0.80%
6.95% REC Limited ** INE020B08GB8	CRISIL AAA	0.79%
HDFC Bank Limited ** INE040A16IK8	CARE A1+	0.79%
Bank of Baroda ** INE028A16LC4	CARE A1+	0.79%
Bajaj Auto Credit Limited ** INE18UV14083	CRISIL A1+	0.79%
National Bank For Agriculture and Rural Development ** INE261F16AP5	CRISIL A1+	0.78%
Bajaj Finance Limited ** INE296A14G69	ICRA A1+	0.77%
8.09% REC Limited ** INE020B08AX5	CRISIL AAA	0.73%
Net Current Assets	–	0.73%
8.25% Gujarat SDL (MD 02/01/2029) IN1520180242	SOVEREIGN	0.65%
7.75% Small Industries Dev Bank of India ** INE556F08KN9	CRISIL AAA	0.64%
Canara Bank ** INE476A16G28	CRISIL A1+	0.55%
6.54% Maharashtra SDL (MD 09/02/2027) IN2220210271	SOVEREIGN	0.40%
7.65% Tamilnadu SDL (MD 06/07/2029) IN3120220063	SOVEREIGN	0.40%
7.93% Bajaj Finance Limited ** INE296A07TZ0	CRISIL AAA	0.40%
National Bank For Agriculture and Rural Development ** INE261F16AE9	ICRA A1+	0.40%
7.07% Bajaj Finance Limited ** INE296A07TN6	CRISIL AAA	0.39%
Corporate Debt Market Development Fund Class A2 INF0RQ622028	–	0.34%
8.28% Rajasthan SDL (MD 14/03/2028) IN2920170197	SOVEREIGN	0.33%
7.75% Tata Capital Housing Finance Limited ** INE033L07HQ8	CRISIL AAA	0.32%
6.95% Maharashtra SDL (MD 30/06/2032) IN2220210164	SOVEREIGN	0.30%
8.63% Rajasthan SDL (MD 03/09/2028) IN2920180188	SOVEREIGN	0.25%
7.73% Gujarat SDL (MD 08/04/2029) IN1520200016	SOVEREIGN	0.24%
8.06% REC Limited ** INE020B08AZ0	CRISIL AAA	0.24%
8.2% Cholamandalam Investment and Finance Company Ltd ** INE121A07SL2	ICRA AA+	0.24%
8.28% Rajasthan SDL (MD 21/02/2028) IN2920170155	SOVEREIGN	0.16%
7.59% Haryana SDL (MD 15/02/2027) IN1620160268	SOVEREIGN	0.16%
7.7215% Bajaj Finance Limited ** INE296A07TG0	CRISIL AAA	0.16%
7.38% GOI (MD 20/06/2027) IN0020220037	SOVEREIGN	0.11%
8.79% Gujarat SDL (MD 12/09/2028) IN1520180101	SOVEREIGN	0.08%
8% Karnataka SDL (MD 17/01/2028) IN1920170157	SOVEREIGN	0.08%
8.16% Rajasthan SDL (MD 09/05/2028) IN2920180030	SOVEREIGN	0.08%
8.18% Tamilnadu SDL (MD 19/12/2028) IN3120180192	SOVEREIGN	0.07%
8.37% Tamilnadu SDL (MD 06/03/2029) IN3120180226	SOVEREIGN	0.07%
8.32% Karnataka SDL (MD 06/02/2029) IN1920180164	SOVEREIGN	0.03%
7.835% LIC Housing Finance Limited ** INE115A07QO2	CRISIL AAA	0.03%
8.44% Rajasthan SDL (MD 27/02/2029) IN2920180311	SOVEREIGN	0.02%
8.35% Gujarat SDL (MD 06/03/2029) IN1520180317	SOVEREIGN	0.02%
7.88% Madhya Pradesh SDL (MD 24/01/2028) IN2120170070	SOVEREIGN	0.02%
Cash Margin - CCIL	–	0.02%

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From the fund house's monthly portfolio (bandhanmutual.com), as on 31 Oct 2026. Percentages are of the fund's net assets; short positions are negative. Published about ten days after each month ends.

Risk

Volatility2.5%yearly, from daily NAVs

Worst fall-2.40%29 May 2020 → 30 Jun 2020

RiskometerLow to ModerateLow to Moderate

Volatility: how much the NAV moves, as a yearly figure (higher = bumpier). Worst fall: the biggest drop from a high, in the NAV history we hold (from 31 May 2016).

Fund details

Fund size (average AUM, July - September 2026)	₹6,460 cr across all plans · this plan ₹0.07 cr
Fund house	Bandhan Mutual Fund
Category	Debt · Ultra Short Duration
Plan	Regular
Option	IDCW
Expense ratio (TER)	Direct 0.38% · Regular 0.69% (5 Nov 2026)
Minimum investment	₹100 · additional ₹100
Scheme code (AMFI)	116413
ISIN	INF194K01UR3
NAV date	6 Nov 2026

Scheme details from the fund's scheme summary document filed with AMFI; expense ratios from AMFI's daily filings.

Other plans of this fund

Plan	NAV	1 year
Direct · Growth	₹42.8220	+5.84%
Direct · IDCW	₹10.1111	0.00%
Direct · IDCW	₹11.1763	+0.65%
Direct · IDCW	₹14.0265	+5.83%
Direct · IDCW	₹10.1411	+0.13%
Direct · IDCW	₹10.1200	+0.12%
Regular · Growth	₹41.6278	+5.51%
Regular · IDCW	₹10.1015	0.00%
Regular · IDCW	₹10.1313	+0.12%
Regular · IDCW	₹10.1272	+0.13%
Regular · IDCW	₹13.8225	+5.51%

Top Ultra Short Duration funds (regular plans)

Fund	1 year	3 years (a year)
Tata Ultra Short Term Fund	+6.92%	+7.48%
Mirae Asset Ultra Short to Short Term Fund	+6.12%	+7.42%
Axis Ultra Short Term Fund	+6.65%	+7.41%
Axis Ultra Short to Short Term Fund	+6.08%	+7.40%
Mirae Asset Ultra Short-Term Fund	+6.63%	+7.40%
HSBC Ultra Short to Short Term Fund	+5.56%	+7.27%
ICICI Prudential Ultra Short to Short Term Fund	+5.90%	+7.25%
Tata Ultra Short to Short Term Fund	+6.12%	+7.25%

All Ultra Short Duration funds ranked › · Compare with others ›

← All mutual funds

Information only, not investment advice.

What is the NAV of BANDHAN ULTRA SHORT TO SHORT TERM FUND - Regular Plan - IDCW today?

₹11.2302 as of 6 Nov 2026, from AMFI's official NAV data.

What are the returns of BANDHAN ULTRA SHORT TO SHORT TERM FUND - Regular Plan - IDCW?

1 year: 0.60%, 3 years: 0.85% a year, 5 years: 0.78% a year

What is the difference between direct and regular plans?

Both invest in the same portfolio. Direct plans are bought straight from the fund house and pay no distributor commission, so their expenses are lower and their NAV grows slightly faster.