Edelweiss Ultra Short Term Fund vs UTI Ultra Short to Short Term Fund
Direct Plan, Growth option · Data as on 30-10-2026
Edelweiss Ultra Short Term Fund is an Ultra Short fund and UTI Ultra Short to Short Term Fund is a Low Duration fund. Edelweiss Ultra Short Term Fund charges 0.13% a year and UTI Ultra Short to Short Term Fund 0.37% (Direct plans). Their portfolios overlap 11.1%: they hold 3 of the same securities.
Edelweiss Ultra Short Term Fund
Ultra Short
- Expense ratio
- 0.13%
- NAV
- ₹1,009.78
UTI Ultra Short to Short Term Fund
Low Duration
- Expense ratio
- 0.37%
- NAV
- ₹3,899.96
Which is better, Edelweiss Ultra Short Term or UTI Ultra Short to Short Term? Key differences
It depends on what you want from the fund. These are the differences in numbers, from the data on this page.
- Edelweiss Ultra Short Term costs less: 0.13% a year against 0.37% (Direct plans).
- Edelweiss Ultra Short Term fell less in its worst fall since 27-08-2026: −0.1% against −0.1%.
- UTI Ultra Short to Short Term is the larger fund: ₹2,604 Cr against ₹896 Cr.
- Their portfolios overlap 11.1%: 3 of the same holdings.
Past returns do not promise future returns. This page is information, not investment advice.
Key facts
From each fund's scheme summary document and AMFI
| Fact | Edelweiss Ultra Short Term Fund | UTI Ultra Short to Short Term Fund |
|---|---|---|
| Fund house | Edelweiss Mutual Fund | UTI Mutual Fund |
| Category | Ultra Short | Low Duration |
| AUM | ₹896 Cr (30-09-2026) | ₹2,604 Cr (30-09-2026) |
| NAV | ₹1,009.78 (Direct) | ₹3,899.96 (Direct) |
| Expense ratio (Direct) | 0.13% | 0.37% |
| Expense ratio (Regular) | 0.61% | 0.65% |
| Riskometer | Low to Moderate | Low to Moderate |
| Benchmark | CRISIL Ultra Short Duration Debt A-I Index | NIFTY Low Duration Debt Index A-I |
| Launch date | 25-08-2026 | 12-07-1999 |
| Minimum investment | ₹100 | Regular Plan-Weekly Reinvestment of IDCW- Rs.20000, Regular Plan-Weekly Payout of IDCW- Rs.20000, Regular Plan-Quarterly Reinvestment of IDCW- Rs.20000, Regular Plan-Quarterly Payout of IDCW- Rs.20000, Regular Plan-Monthly Reinvestment of IDCW- Rs.20000, |
| Lock in | None | None |
| Fund managers | Rahul Dedhia, Kedar Karnik | Anurag Mittal FM 1, Not ApplicableFM 2, Not Applicable FM 3, Not Applicable FM 4 |
| Exit load | Nil | Nil |
Edelweiss Ultra Short Term vs UTI Ultra Short to Short Term: Returns Comparison
Returns as on 30-10-2026. Up to one year they are absolute returns. Longer periods are a rate per year.
| Fund | 1M | 3M | 6M | 1Y | 3Y | 5Y | 10Y |
|---|---|---|---|---|---|---|---|
| Edelweiss Ultra Short Term Fund (Direct) | +0.31% | -- | -- | -- | -- | -- | -- |
| UTI Ultra Short to Short Term Fund (Direct) | +0.17% | +1.13% | +2.94% | +5.74% | +7.13% | +6.51% | +5.98% |
| Ultra Short average | +0.30% | -- | -- | -- | -- | -- | -- |
| Low Duration average | +0.18% | +1.12% | +2.95% | +5.79% | +7.22% | +6.58% | +6.73% |
Category average: the average of the 26 Ultra Short funds and the 25 Low Duration funds, same plan type.
Edelweiss Ultra Short Term vs UTI Ultra Short to Short Term: Year-wise Returns
| Year | Edelweiss UltraEdelweiss Ultra Short Term | UTI Ultra Short toUTI Ultra Short to Short Term |
|---|---|---|
| 2026to date | -- | +4.70% |
| 2025 | -- | +7.65% |
| 2024 | -- | +7.78% |
| 2023 | -- | +7.23% |
| 2022 | -- | +4.61% |
| 2021 | -- | +9.08% |
Edelweiss Ultra Short Term vs UTI Ultra Short to Short Term: Rolling Returns
Every holding period of both funds
Edelweiss Ultra Short Term vs UTI Ultra Short to Short Term: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | Edelweiss Ultra Short Term Fund (Direct) | UTI Ultra Short to Short Term Fund (Direct) |
|---|---|---|
| Return (CAGR) | +5.38% | +6.90% |
| Standard deviation | 0.51% | 2.77% |
| Sharpe ratio | 0.20 | 0.31 |
| Sortino ratio | 0.27 | 0.33 |
| Maximum drawdown | −0.1% (22-10-2026) | −12.1% (07-06-2019) |
| Beta | -- | -- |
| Alpha | -- | -- |
From daily NAVs, 27-08-2026 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta and alpha compare each fund with its own benchmark's TRI.
Drawdowns
How far below its previous high each one was on every day: the falls an investor had to sit through. 0% means it was at a new high.
Edelweiss Ultra Short Term Fund (Direct)
UTI Ultra Short to Short Term Fund (Direct)
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| Edelweiss Ultra Short Term Fund (Direct) | −0.1% | 19-10-2026 | 22-10-2026 | 27-10-2026 | 5 days | 0.0% |
| UTI Ultra Short to Short Term Fund (Direct) | −0.1% | 13-10-2026 | 23-10-2026 | Not yet | -- | −0.0% |
From daily values since 27-08-2026, the first day every fund has.
Edelweiss Ultra Short Term vs UTI Ultra Short to Short Term: Portfolio Overlap
From each fund's latest monthly portfolio: Edelweiss Ultra Short Term Fund, September 2026; UTI Ultra Short to Short Term Fund, September 2026
Holdings in common
- Overlap
- 11.1%
- Held by both
- 3
- Only in Edelweiss Ultra Short Term
- 19
- Only in UTI Ultra Short to Short Term
- 46
| Security | % of Edelweiss Ultra Short Term | % of UTI Ultra Short to Short Term |
|---|---|---|
| 7.71% REC LTD SR 230A NCD RED 26-02-2027 | 7.82% | 5.38% |
| 7.80% NABARD NCD SR 24E RED 15-03-2027 | 5.59% | 4.81% |
| KOTAK MAHINDRA BANK CD RED 08-01-2027 | 5.48% | 0.94% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 11.1% means 11.1% of each fund's money sits in positions the other also holds. Matched by ISIN. Cash and hedged positions are left out.
Largest holdings only in Edelweiss Ultra Short Term Fund
| Security | % of fund |
|---|---|
| 182 DAYS TBILL RED 25-03-2027 | 8.14% |
| CANARA BANK CD RED 11-03-2027 | 8.12% |
| 7.90% LIC HSG FIN TR421 NCD R 23-06-2027 | 5.58% |
| AXIS BANK LTD CD RED 12-02-2027 | 5.45% |
| INDIAN BANK CD RED 05-02-2027 | 5.45% |
Largest holdings only in UTI Ultra Short to Short Term Fund
| Security | % of fund |
|---|---|
| 364 DAYS T-BILL - 10/12/2026 | 7.60% |
| NCD MAHINDRA RURAL HOUSING FINANCE LTD | 3.85% |
| NCD SUMMIT DIGITEL INFRASTRUCTURE LTD | 3.81% |
| NCD EMBASSY OFFICE PARKS REIT | 3.65% |
| NCD NATIONAL BANK FOR AGRICULTURE AND RURAL DEVELOPMENT | 2.87% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | Edelweiss Ultra Short Term | UTI Ultra Short to Short Term |
|---|---|---|
| Equity | 0.0% | 0.0% |
| Debt | 101.4% | 93.0% |
| Cash and others | -1.4% | 7.0% |
Edelweiss Ultra Short Term vs UTI Ultra Short to Short Term: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | Edelweiss Ultra Short Term Fund | UTI Ultra Short to Short Term Fund |
|---|---|---|
| Total expense ratio (Direct) | 0.13% | 0.37% |
| Base expense ratio (Direct) | 0.10% | 0.31% |
| Total expense ratio (Regular) | 0.61% | 0.65% |
| Base expense ratio (Regular) | 0.51% | 0.55% |
The expense ratio comes out of the fund's assets every day, so every return on this page is already after it. Base expense ratio: the fund house's own fee. The total adds brokerage, transaction costs, and levies with GST.
More comparisons
Each fund against the others of its category
Compare Edelweiss Ultra Short Term with
Compare UTI Ultra Short to Short Term with
- UTI Ultra Short to Short Term vs HSBC Ultra Short to Short Term
- UTI Ultra Short to Short Term vs Nippon India Ultra Short to Short Term
- UTI Ultra Short to Short Term vs Axis Ultra Short to Short Term
- UTI Ultra Short to Short Term vs Kotak Ultra Short to Short Term
- UTI Ultra Short to Short Term vs Mirae Asset Ultra Short to Short Term
Edelweiss Ultra Short Term Fund vs UTI Ultra Short to Short Term Fund: Frequently Asked Questions
What is the difference between Edelweiss Ultra Short Term Fund and UTI Ultra Short to Short Term Fund?
Edelweiss Ultra Short Term Fund is an Ultra Short fund, UTI Ultra Short to Short Term Fund is a Low Duration fund, run by Edelweiss Mutual Fund and UTI Mutual Fund. Their portfolios overlap 11.1%. Edelweiss Ultra Short Term Fund charges 0.13% a year and UTI Ultra Short to Short Term Fund 0.37%.
Which has the lower expense ratio, Edelweiss Ultra Short Term Fund or UTI Ultra Short to Short Term Fund?
Edelweiss Ultra Short Term Fund charges less: 0.13% a year against 0.37%. These are the Direct plans' total expense ratios reported to AMFI.
How much do Edelweiss Ultra Short Term Fund and UTI Ultra Short to Short Term Fund overlap?
11.1%. They hold 3 of the same securities, the largest shared ones being 7.71% REC LTD SR 230A NCD RED 26-02-2027, 7.80% NABARD NCD SR 24E RED 15-03-2027, KOTAK MAHINDRA BANK CD RED 08-01-2027. From each fund's latest monthly portfolio.
Which is riskier, Edelweiss Ultra Short Term Fund or UTI Ultra Short to Short Term Fund?
On SEBI's riskometer, Edelweiss Ultra Short Term Fund is rated Low to Moderate and UTI Ultra Short to Short Term Fund Low to Moderate. Over their common history, the standard deviation of daily returns was 0.51% and 2.77% a year.
Can I invest in both Edelweiss Ultra Short Term Fund and UTI Ultra Short to Short Term Fund?
Yes. 11.1% of each fund's money sits in the same holdings, so some of the two investments would move together.
Who manages Edelweiss Ultra Short Term Fund and UTI Ultra Short to Short Term Fund?
Edelweiss Ultra Short Term Fund: Rahul Dedhia, Kedar Karnik. UTI Ultra Short to Short Term Fund: Anurag Mittal FM 1, Not ApplicableFM 2, Not Applicable FM 3, Not Applicable FM 4.
Sources: NAV and expense ratio from AMFI. Holdings from each fund house's monthly portfolio statement. Fund facts from each scheme summary document.
This page is information, not investment advice. Mutual fund investments are subject to market risks; read all scheme related documents carefully. Past returns do not promise future returns. Figures come from AMFI, NSE, BSE and each fund house's own documents.