Markets / Mutual funds / Ultra Short Duration

HDFC Ultra Short to Short Term Fund - Direct Plan - IDCW

NAVs of 8 Nov 2026

HDFC Mutual Fund · Debt fund · Direct plan · IDCW

Ultra Short DurationDirect · IDCW

NAV · 6 Nov 2026

₹10.1804 ▲ 0.00%

HDFC Mutual Fund

Fund size₹17,861 crJuly - September 2026

1-month range₹10.14 – 10.18

1 year+0.15%

Expense ratio0.46%direct plan, a year

5 years+0.08%a year

What the fund does

Debt fund in the Ultra Short Duration category, from HDFC Mutual Fund.

Fund houseHDFC Mutual Fund

NAV history

Returns

1 week

+0.28%avg 0.2%

1 month

+0.20%avg 0.4%

3 months

+0.10%avg 1.1%

6 months

+0.23%avg 3.0%

This year

+0.35%avg 4.9%

1 year

+0.15%avg 5.8%

3 years (a year)

+0.10%avg 7.1%

5 years (a year)

+0.08%avg 6.5%

Bars: this plan; the thin mark is the Ultra Short Duration average (direct 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	-0.4	-0.0	+0.8	-0.2	-0.6	+0.6	-0.1	-0.5	+0.5	-0.4	-0.0	-0.1
2026	+0.0	+0.1	-0.1	-0.1	+0.1	-0.0	-0.0	+0.4	-0.5	+0.0	+0.3

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 30 Sept 2026

Holdings138140 lines in all

Top 10 holdings33.6%of the fund

Debt92.3%bonds, government securities

Money market5.6%CDs, CPs, treasury bills

Where the money is

Equity 0.4%Debt 92.3%Money market 5.6%Cash & others 1.7%

Credit quality (debt and money market)

AAA

67.6%

11.8%

Sovereign

10.7%

A1+

5.6%

AA+

1.3%

AA-

0.9%

Stocks held 1

Holding	Sector / type	% of fund
Corporate Debt Market Development Fund INF0RQ622028	–	0.43%

Bonds, money market and cash 139

Holding	Sector / type	% of fund
Small Industries Development Bank^ INE556F08KN9	CRISIL - AAA	5.55%
Floating Rate GOI 2028 IN0020210160	Sovereign	4.72%
Jubilant Beverages Limited^ INE1D4O08012	CRISIL - AA	4.05%
National Bank for Agri & Rural Dev. INE261F08EM1	ICRA - AAA	3.89%
Floating Rate GOI 2033 IN0020200120	Sovereign	3.16%
National Housing Bank^ INE557F08FZ1	CRISIL - AAA	2.86%
National Bank for Agri & Rural Dev. INE261F08EF5	ICRA - AAA	2.73%
Bajaj Housing Finance Ltd.^ INE377Y07482	CRISIL - AAA	2.27%
Yes Bank Ltd.^ INE528G16X11	CARE - A1+	2.21%
Power Finance Corporation Ltd.^ INE134E08LX5	CRISIL - AAA	2.12%
Radhakrishna Securitisation Trust (Originator - Jamnagar Utilities & Power Private Limited)^ INE2I7H15018	CRISIL - AAA(SO)	2.02%
JTPM Metal Traders Limited^ INE02PE08036	CRISIL - AA	1.96%
Jubilant Bevco Limited INE1D4P08019	CRISIL - AA	1.94%
Small Industries Development Bank^ INE556F08KS8	CRISIL - AAA	1.80%
Yes Bank Ltd.^ INE528G16X52	CRISIL - A1+	1.62%
6.64% GOI MAT 071231^ IN0020180041	Sovereign	1.59%
Net Current Assets	–	1.56%
Indian Oil Corporation Ltd.^ INE242A08544	CRISIL - AAA	1.54%
Poonawalla Fincorp Ltd^ INE511C07946	CRISIL - AAA	1.51%
ASCENDAS IT PARK PUNE PRIVATE LIMITED^ INE0OJ808028	CRISIL - AAA	1.48%
ADITYA BIRLA RENEWABLES LIMITED^ INE01QP08016	CRISIL - AA	1.36%
Small Industries Development Bank INE556F08KM1	CRISIL - AAA	1.36%
Nomura Capital India Pvt. Ltd.^ INE357L07515	IND - AAA	1.20%
Housing and Urban Development Corporation Ltd.^ INE031A08996	CARE - AAA	1.19%
JM Financial Credit Solutions Ltd.^ INE651J07AA0	ICRA - AA	1.19%
SMFG India Home Finance Company Ltd^ INE213W07335	CARE - AAA	1.19%
IIFL CAPITAL SERVICES LIMITED^ INE489L14942	CRISIL - A1+	1.16%
National Bank for Agri & Rural Dev.^ INE261F08DV4	CRISIL - AAA	1.06%
Power Finance Corporation Ltd.^ INE134E08NL6	CRISIL - AAA	1.06%
Jamnagar Utilities & Power Pvt. Limited^ INE936D07182	CRISIL - AAA	0.97%
CanFin Homes Ltd.^ INE477A07423	ICRA - AAA	0.91%
Export - Import Bank of India^ INE514E08GE8	CRISIL - AAA	0.91%
Poonawalla Fincorp Ltd^ INE511C07854	CRISIL - AAA	0.91%
Kotak Mahindra Investments Ltd.^ INE975F07IU2	CRISIL - AAA	0.90%
Citicorp Finance (India) Ltd.^ INE915D08DC0	ICRA - AAA	0.87%
Shivshakti Securitisation Trust (Originator - Sikka Ports & Terminals Limited)^ INE2I7G15010	CRISIL - AAA(SO)	0.87%
TATA Capital Housing Finance Ltd.^ INE033L07ID4	CRISIL - AAA	0.85%
Bharti Telecom Limited^ INE403D08314	CRISIL - AAA	0.81%
Reliance Industries Ltd.^ INE002A08534	CRISIL - AAA	0.78%
National Highways Authority of India^ INE906B07GN5	CRISIL - AAA	0.77%
LIC Housing Finance Ltd.^ INE115A07RE1	CRISIL - AAA	0.76%
Power Finance Corporation Ltd.^ INE134E08MZ8	CRISIL - AAA	0.76%
National Bank for Agri & Rural Dev. INE261F08EU4	CRISIL - AAA	0.75%
REC Limited.^ INE020B08FX4	CARE - AAA	0.75%
National Bank for Agri & Rural Dev.^ INE261F08AD8	CRISIL - AAA	0.73%
Reliance Industries Ltd.^ INE002A08567	CRISIL - AAA	0.62%
JM Financial Credit Solutions Ltd.^ INE651J07986	ICRA - AA	0.61%
Mahindra Rural Housing Finance Ltd^ INE950O07453	CRISIL - AAA	0.61%
Sundaram Home Finance Limited^ INE667F07IV3	ICRA - AAA	0.61%
Bajaj Housing Finance Ltd.^ INE377Y07649	CRISIL - AAA	0.60%
Globe Capital Market Ltd^ INE081J07028	ICRA - AA-	0.60%
John Deere Financial India Pvt. Ltd. INE00V208124	CRISIL - AAA	0.60%
LIC Housing Finance Ltd.^ INE115A07QZ8	CRISIL - AAA	0.60%
Poonawalla Fincorp Ltd^ INE511C07912	CRISIL - AAA	0.60%
Poonawalla Fincorp Ltd^ INE511C07870	CRISIL - AAA	0.60%
Power Finance Corporation Ltd.^ INE134E08NW3	CRISIL - AAA	0.60%
REC Limited.^ INE020B08FW6	CARE - AAA	0.60%
UltraTech Cement Limited^ INE481G08156	CRISIL - AAA	0.60%
Tata Communications Limited^ INE151A08356	CRISIL - AAA	0.59%
L&T Finance Ltd.^ INE498L07228	CARE - AAA	0.58%
6.82% Bihar SDL - ISD 140721 Mat 140728^ IN1320210041	Sovereign	0.57%
Small Industries Development Bank^ INE556F16CH1	CRISIL - A1+	0.57%
Bajaj Auto Credit Limited INE18UV07012	ICRA - AAA	0.54%
HDB Financial Services Ltd.^ INE756I07EJ2	CRISIL - AAA	0.54%
RJ Corp Limited^ INE460K08053	CRISIL - AAA	0.50%
Dhruva XXIV (Originator - Five-Star Business Finance Limited)^ INE1AC715019	ICRA - AAA(SO)	0.47%
Pipeline Infrastructure Pvt. Ltd.^ INE01XX07059	CRISIL - AAA	0.46%
Power Finance Corporation Ltd.^ INE134E08IX1	CRISIL - AAA	0.46%
Bharti Telecom Limited INE403D08322	CRISIL - AAA	0.45%
Motilal Oswal Financial Services Ltd.^ INE338I07180	CRISIL - AA+	0.45%
Muthoot Finance Ltd.^ INE414G07KC4	CRISIL - AA+	0.45%
National Bank for Agri & Rural Dev. INE261F08EO7	CRISIL - AAA	0.45%
Vajra 014 Trust (Originator - Veritas Finance limited)^ INE1EJ815024	CRISIL - AAA(SO)	0.34%
Bharti Telecom Limited^ INE403D08306	CRISIL - AAA	0.30%
Cholamandalam Investment & Finance Co. Ltd.^ INE121A08PP7	ICRA - AA+	0.30%
DLF Cyber City Developers Ltd.^ INE186K07122	CRISIL - AAA	0.30%
Export - Import Bank of India^ INE514E08FP6	CRISIL - AAA	0.30%
Globe Fincap Ltd^ INE013U07028	ICRA - AA-	0.30%
ICICI Home Finance Ltd^ INE071G07603	CRISIL - AAA	0.30%
Jio Credit Ltd^ INE282H07018	CRISIL - AAA	0.30%
JM FINANCIAL HOME LOANS LIMITED^ INE01A207179	CRISIL - AA	0.30%
Power Finance Corporation Ltd.^ INE134E08MJ2	CRISIL - AAA	0.30%
REC Limited. INE020B08FZ9	CARE - AAA	0.30%
REC Limited.^ INE020B08EW9	CRISIL - AAA	0.30%
SMFG India Home Finance Company Ltd^ INE213W07277	CRISIL - AAA	0.30%
Tata Capital Ltd.^ INE976I07CY9	CRISIL - AAA	0.30%
Arka Fincap Limited^ INE03W107249	CRISIL - AA	0.21%
HDB Financial Services Ltd.^ INE756I07FA8	CRISIL - AAA	0.21%
HDB Financial Services Ltd.^ INE756I07EY1	CRISIL - AAA	0.21%
National Bank for Agri & Rural Dev. INE261F08EK5	CRISIL - AAA	0.20%
Sansar Trust July 2023 II (Originator - Shriram Finance Limited)^ INE0QTL15013	CRISIL - AAA(SO)	0.19%
Indian Railways Finance Corp. Ltd.^ INE053F07983	CRISIL - AAA	0.18%
LIC Housing Finance Ltd.^ INE115A07QS3	CRISIL - AAA	0.18%
360 One Prime Limited^ INE248U07GC5	ICRA - AA	0.15%
Bajaj Housing Finance Ltd.^ INE377Y07565	CRISIL - AAA	0.15%
Bharti Telecom Limited INE403D08298	CRISIL - AAA	0.15%
Bharti Telecom Limited^ INE403D08231	CRISIL - AAA	0.15%
Indian Oil Corporation Ltd.^ INE242A08502	CRISIL - AAA	0.15%
L&T Finance Ltd.^ INE498L07145	CRISIL - AAA	0.15%
LIC Housing Finance Ltd.^ INE115A07LO3	CRISIL - AAA	0.15%
Mahindra & Mahindra Financial Services Ltd.^ INE774D07VE1	CRISIL - AAA	0.15%
National Bank for Agri & Rural Dev.^ INE261F08AE6	CRISIL - AAA	0.15%
Nomura Capital India Pvt. Ltd.^ INE357L07457	IND - AAA	0.15%
Poonawalla Fincorp Ltd^ INE511C07847	CRISIL - AAA	0.15%
Poonawalla Fincorp Ltd^ INE511C07995	CRISIL - AAA	0.15%
Power Finance Corporation Ltd.^ INE134E08FL2	CRISIL - AAA	0.15%
REC Limited.^ INE020B08FR6	CRISIL - AAA	0.15%
REC Limited.^ INE020B08EX7	ICRA - AAA	0.15%
REC Limited.^ INE020B08GB8	CRISIL - AAA	0.15%
REC Limited.^ INE020B08EH0	CRISIL - AAA	0.15%
Small Industries Development Bank INE556F08KU4	CRISIL - AAA	0.15%
Tata Capital Ltd.^ INE857Q07273	CRISIL - AAA	0.15%
TVS Credit Services Ltd^ INE729N08105	ICRA - AA+	0.15%
UltraTech Cement Limited^ INE481G08123	CRISIL - AAA	0.15%
7.39% TAMIL NADU SDL - Mat 091126^ IN3120160137	Sovereign	0.13%
Indigo 045 (Originator - MAS Financial Services Limited)^ INE2KK515010	CARE - AAA(SO)	0.13%
TREPS - Tri-party Repo	–	0.13%
Kotak Mahindra Investments Ltd.^ INE975F07IP2	CRISIL - AAA	0.12%
7.67% Punjab SDL - Mat 291127 IN2820170180	Sovereign	0.09%
Indian Railways Finance Corp. Ltd.^ INE053F07BA5	CRISIL - AAA	0.06%
REC Limited.^ INE020B08GK9	CRISIL - AAA	0.06%
Small Industries Development Bank^ INE556F08KZ3	CRISIL - AAA	0.06%
7.08% Karnataka SDL - Mat 141226^ IN1920160059	Sovereign	0.05%
7.20% Karnataka SDL Mat 231029^ IN1920190080	Sovereign	0.03%
7.24% Gujarat SDL Mat 281226^ IN1520160160	Sovereign	0.03%
7.53 West Bengal SDL Mat 221127^ IN3420170117	Sovereign	0.03%
7.72% Tamil Nadu SDL UDAY Mat 220228^ IN3120160780	Sovereign	0.03%
7.77% Andhra Pradesh SDL Mat 100128^ IN1020170131	Sovereign	0.03%
7.92% Uttar Pradesh Mat 240128^ IN3320170175	Sovereign	0.03%
8.32% Andhra Pradesh SDL Mat 060228^ IN1020180403	Sovereign	0.03%
8.35% Puducherry SDL Mat 130327^ IN3820180070	Sovereign	0.03%
GOI STRIPS - Mat 170627^ IN000627C033	Sovereign	0.03%
GOI STRIPS - Mat 171226^ IN001226C033	Sovereign	0.03%
GOI STRIPS - Mat 171227^ IN001227C031	Sovereign	0.03%
7.90% Tamil Nadu SDL UDAY - Mat 220327^ IN3120161366	Sovereign	0.02%
6.88% Goa SDL Mat 231126^ IN1420160054	Sovereign	0.01%
6.97% Assam SDL - Mat 231126^ IN1220160031	Sovereign	0.01%
7.15% Tamil Nadu SDL Mat 201127^ IN3120190209	Sovereign	0.01%
7.65% Karnataka SDL - Mat 291127^ IN1920170090	Sovereign	0.01%

Show 124 moreShow fewer

From the fund house's monthly portfolio (), as on 30 Sept 2026. Percentages are of the fund's net assets. Published about ten days after each month ends.

Risk

Volatility2.0%yearly, from daily NAVs

Worst fall-1.22%29 Jun 2026 → 29 Sept 2026

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)	₹17,861 cr across all plans · this plan ₹19.95 cr
Fund house	HDFC Mutual Fund
Category	Debt · Ultra Short Duration
Plan	Direct
Option	IDCW
Expense ratio (TER)	Direct 0.46% · Regular 1.03% (4 Nov 2026)
Scheme code (AMFI)	118943
ISIN	INF179K01VG5
NAV date	6 Nov 2026

Other plans of this fund

Plan	NAV	1 year
Direct · Growth	₹67.9560	+5.84%
Direct · IDCW	₹10.1428	0.00%
Direct · IDCW	₹10.0762	+0.09%
Direct · IDCW	₹10.0655	0.00%
Regular · Growth	₹62.1605	+5.21%
Regular · IDCW	₹10.0755	-0.11%
Regular · IDCW	₹10.1761	+0.14%

Top Ultra Short Duration funds (direct plans)

Fund	1 year	3 years (a year)
HSBC Ultra Short to Short Term Fund	+6.00%	+7.76%
Nippon India Ultra Short Term Fund	+6.87%	+7.55%
Aditya Birla Sun Life Ultra Short Term Fund	+6.44%	+7.45%
Nippon India Ultra Short to Short Term Fund	+6.13%	+7.41%
Kotak Ultra Short to Short Term Fund	+5.85%	+7.39%
ICICI Prudential Ultra Short to Short Term Fund	+6.04%	+7.38%
Mahindra Manulife Ultra Short to Short Term Fund	+6.08%	+7.38%
ICICI Prudential Ultra Short term Fund	+6.46%	+7.36%

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

← All mutual funds

Information only, not investment advice.

What is the NAV of HDFC Ultra Short to Short Term Fund - Direct Plan - IDCW today?

₹10.1804 as of 6 Nov 2026, from AMFI's official NAV data.

What are the returns of HDFC Ultra Short to Short Term Fund - Direct Plan - IDCW?

1 year: 0.15%, 3 years: 0.10% a year, 5 years: 0.08% 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.