JioBlackRock Ultra Short to Short Term Fund vs PGIM India Ultra Short Term Fund
Direct Plan, Growth option · Data as on 30-10-2026
JioBlackRock Ultra Short to Short Term Fund is a Low Duration fund and PGIM India Ultra Short Term Fund is an Ultra Short fund. JioBlackRock Ultra Short to Short Term Fund charges 0.33% a year and PGIM India Ultra Short Term Fund 0.33% (Direct plans). Their portfolios overlap 10.7%: they hold 5 of the same securities.
JioBlackRock Ultra Short to Short Term Fund
Low Duration
- Expense ratio
- 0.33%
- NAV
- ₹1,045.10
PGIM India Ultra Short Term Fund
Ultra Short
- Expense ratio
- 0.33%
- NAV
- ₹38.61
Which is better, JioBlackRock Ultra Short to Short Term or PGIM India Ultra 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.
- PGIM India Ultra Short Term fell less in its worst fall since 22-01-2026: −0.1% against −0.3%.
- JioBlackRock Ultra Short to Short Term is the larger fund: ₹686 Cr against ₹232 Cr.
- Their portfolios overlap 10.7%: 5 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 | JioBlackRock Ultra Short to Short Term Fund | PGIM India Ultra Short Term Fund |
|---|---|---|
| Fund house | Jio BlackRock Mutual Fund | PGIM India Mutual Fund |
| Category | Low Duration | Ultra Short |
| AUM | ₹686 Cr (30-09-2026) | ₹232 Cr (30-09-2026) |
| NAV | ₹1,045.10 (Direct) | ₹38.61 (Direct) |
| Expense ratio (Direct) | 0.33% | 0.33% |
| Expense ratio (Regular) | 0.77% | 0.93% |
| Riskometer | Low to Moderate | Low to Moderate |
| Benchmark | NIFTY Low Duration Debt Index A-I | CRISIL Ultra Short Duration Debt A-I Index |
| Launch date | 19-01-2026 | 24-10-2003 |
| Minimum investment | ₹500 | ₹5,000 |
| Lock in | None | None |
| Fund managers | Arun Ramachandran, Vikrant Mehta, Siddharth Deb | Puneet Pal, and Mr. Mr. Akhil Dhar |
| Exit load | NIL | NIL |
JioBlackRock Ultra Short to Short Term vs PGIM India Ultra 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 |
|---|---|---|---|---|---|---|---|
| JioBlackRock Ultra Short to Short Term Fund (Direct) | +0.14% | +1.05% | +2.72% | -- | -- | -- | -- |
| PGIM India Ultra Short Term Fund (Direct) | +0.36% | +1.46% | +3.20% | +6.13% | +7.00% | +6.51% | +7.19% |
| Low Duration average | +0.18% | +1.12% | +2.95% | -- | -- | -- | -- |
| Ultra Short average | +0.30% | +1.34% | +3.06% | +6.00% | +6.82% | +6.27% | +6.43% |
Category average: the average of the 25 Low Duration funds and the 26 Ultra Short funds, same plan type.
JioBlackRock Ultra Short to Short Term vs PGIM India Ultra Short Term: Year-wise Returns
| Year | JioBlackRock Ultra Short toJioBlackRock Ultra Short to Short Term | PGIM India UltraPGIM India Ultra Short Term |
|---|---|---|
| 2026to date | -- | +5.14% |
| 2025 | -- | +7.03% |
| 2024 | -- | +7.58% |
| 2023 | -- | +7.21% |
| 2022 | -- | +4.92% |
| 2021 | -- | +3.74% |
JioBlackRock Ultra Short to Short Term vs PGIM India Ultra Short Term: Rolling Returns
Every holding period of both funds
JioBlackRock Ultra Short to Short Term vs PGIM India Ultra Short Term: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | JioBlackRock Ultra Short to Short Term Fund (Direct) | PGIM India Ultra Short Term Fund (Direct) |
|---|---|---|
| Return (CAGR) | +5.71% | +7.30% |
| Standard deviation | 0.68% | 16.44% |
| Sharpe ratio | 0.73 | 0.11 |
| Sortino ratio | 1.03 | 0.20 |
| Maximum drawdown | −0.3% (21-05-2026) | −30.3% (13-09-2019) |
| Beta | -- | -- |
| Alpha | -- | -- |
From daily NAVs, 22-01-2026 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.
JioBlackRock Ultra Short to Short Term Fund (Direct)
PGIM India Ultra Short Term Fund (Direct)
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| JioBlackRock Ultra Short to Short Term Fund (Direct) | −0.3% | 11-05-2026 | 21-05-2026 | 01-06-2026 | 11 days | −0.0% |
| PGIM India Ultra Short Term Fund (Direct) | −0.1% | 06-07-2026 | 08-07-2026 | 13-07-2026 | 5 days | 0.0% |
From daily values since 22-01-2026, the first day every fund has.
JioBlackRock Ultra Short to Short Term vs PGIM India Ultra Short Term: Portfolio Overlap
From each fund's latest monthly portfolio: JioBlackRock Ultra Short to Short Term Fund, September 2026; PGIM India Ultra Short Term Fund, September 2026
Holdings in common
- Overlap
- 10.7%
- Held by both
- 5
- Only in JioBlackRock Ultra Short to Short Term
- 21
- Only in PGIM India Ultra Short Term
- 20
| Security | % of JioBlackRock Ultra Short to Short Term | % of PGIM India Ultra Short Term |
|---|---|---|
| Kotak Mahindra Bank Ltd (05-Mar-2027) | 3.54% | 5.88% |
| Punjab National Bank (09-Mar-2027) | 3.54% | 8.81% |
| Bank of Baroda (05-Mar-2027) | 5.67% | 2.10% |
| 7.7% National Bank For Agriculture & Rural Development (30-Sep-2027) | 2.19% | 1.30% |
| Corporate Debt Market Development Fund Class A2 | 0.26% | 0.62% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 10.7% means 10.7% 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 JioBlackRock Ultra Short to Short Term Fund
| Security | % of fund |
|---|---|
| 7.3763% Bajaj Finance Ltd (26-Jun-2028) | 7.20% |
| 7.27% Tata Capital Housing Finance Ltd (25-Apr-2028) | 7.19% |
| 7.1554% Kotak Mahindra Prime Ltd (19-Jun-2028) | 7.17% |
| Canara Bank (04-Mar-2027) | 7.08% |
| HDFC Bank Ltd (12-Mar-2027) | 7.07% |
Largest holdings only in PGIM India Ultra Short Term Fund
| Security | % of fund |
|---|---|
| 91 DAYS TBILL RED 17-12-2026 | 8.54% |
| 7.95% Sikka Ports and Terminals Ltd. | 6.48% |
| HDB Financial Services Ltd. | 6.44% |
| Axis Bank Ltd. | 6.42% |
| Export Import Bank of India | 6.30% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | JioBlackRock Ultra Short to Short Term | PGIM India Ultra Short Term |
|---|---|---|
| Equity | 0.0% | 0.0% |
| Debt | 87.7% | 95.6% |
| Cash and others | 12.3% | 4.4% |
JioBlackRock Ultra Short to Short Term vs PGIM India Ultra Short Term: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | JioBlackRock Ultra Short to Short Term Fund | PGIM India Ultra Short Term Fund |
|---|---|---|
| Total expense ratio (Direct) | 0.33% | 0.33% |
| Base expense ratio (Direct) | 0.27% | 0.28% |
| Total expense ratio (Regular) | 0.77% | 0.93% |
| Base expense ratio (Regular) | 0.64% | 0.79% |
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 JioBlackRock Ultra Short to Short Term with
- JioBlackRock Ultra Short to Short Term vs HSBC Ultra Short to Short Term
- JioBlackRock Ultra Short to Short Term vs Nippon India Ultra Short to Short Term
- JioBlackRock Ultra Short to Short Term vs Axis Ultra Short to Short Term
- JioBlackRock Ultra Short to Short Term vs Kotak Ultra Short to Short Term
- JioBlackRock Ultra Short to Short Term vs Mirae Asset Ultra Short to Short Term
Compare PGIM India Ultra Short Term with
- PGIM India Ultra Short Term vs Tata Ultra Short Term
- PGIM India Ultra Short Term vs Aditya Birla Sun Life Ultra Short Term
- PGIM India Ultra Short Term vs Axis Ultra Short Term fund
- PGIM India Ultra Short Term vs Mirae Asset Ultra Short-Term
- PGIM India Ultra Short Term vs ICICI Prudential Ultra Short Term
JioBlackRock Ultra Short to Short Term Fund vs PGIM India Ultra Short Term Fund: Frequently Asked Questions
What is the difference between JioBlackRock Ultra Short to Short Term Fund and PGIM India Ultra Short Term Fund?
JioBlackRock Ultra Short to Short Term Fund is a Low Duration fund, PGIM India Ultra Short Term Fund is an Ultra Short fund, run by Jio BlackRock Mutual Fund and PGIM India Mutual Fund. Their portfolios overlap 10.7%. JioBlackRock Ultra Short to Short Term Fund charges 0.33% a year and PGIM India Ultra Short Term Fund 0.33%.
Which has the lower expense ratio, JioBlackRock Ultra Short to Short Term Fund or PGIM India Ultra Short Term Fund?
Both charge 0.33% a year.
How much do JioBlackRock Ultra Short to Short Term Fund and PGIM India Ultra Short Term Fund overlap?
10.7%. They hold 5 of the same securities, the largest shared ones being Kotak Mahindra Bank Ltd (05-Mar-2027), Punjab National Bank (09-Mar-2027), Bank of Baroda (05-Mar-2027). From each fund's latest monthly portfolio.
Which is riskier, JioBlackRock Ultra Short to Short Term Fund or PGIM India Ultra Short Term Fund?
On SEBI's riskometer, JioBlackRock Ultra Short to Short Term Fund is rated Low to Moderate and PGIM India Ultra Short Term Fund Low to Moderate. Over their common history, the standard deviation of daily returns was 0.68% and 16.44% a year.
Can I invest in both JioBlackRock Ultra Short to Short Term Fund and PGIM India Ultra Short Term Fund?
Yes. 10.7% of each fund's money sits in the same holdings, so some of the two investments would move together.
Who manages JioBlackRock Ultra Short to Short Term Fund and PGIM India Ultra Short Term Fund?
JioBlackRock Ultra Short to Short Term Fund: Arun Ramachandran, Vikrant Mehta, Siddharth Deb. PGIM India Ultra Short Term Fund: Puneet Pal, and Mr. Mr. Akhil Dhar.
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.