SBI Ultra Short to Short Term Fund vs Tata Ultra Short to Short Term Fund
Direct Plan, Growth option · Data as on 30-10-2026
SBI Ultra Short to Short Term Fund and Tata Ultra Short to Short Term Fund are both Low Duration funds. In the 3 years to 30-10-2026, SBI Ultra Short to Short Term Fund (Direct) returned 7.1% a year and Tata Ultra Short to Short Term Fund (Direct) returned 7.2% a year. SBI Ultra Short to Short Term Fund charges 0.44% a year and Tata Ultra Short to Short Term Fund 0.27% (Direct plans). Their portfolios overlap 7.9%: they hold 7 of the same securities.
SBI Ultra Short to Short Term Fund
Low Duration
- 3 year return
- 7.1%
- Expense ratio
- 0.44%
- NAV
- ₹3,925.81
Tata Ultra Short to Short Term Fund
Low Duration
- 3 year return
- 7.2%
- Expense ratio
- 0.27%
- NAV
- ₹4,379.43
Which is better, SBI Ultra Short to Short Term or Tata 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.
- SBI Ultra Short to Short Term returned more over 5 years: 6.5% a year against 6.5%.
- Tata Ultra Short to Short Term returned more over 3 years: 7.2% a year against 7.1%.
- Tata Ultra Short to Short Term costs less: 0.27% a year against 0.44% (Direct plans).
- Tata Ultra Short to Short Term swung less over 3 years: a standard deviation of 0.5% a year against 0.5%.
- SBI Ultra Short to Short Term fell less in its worst fall since 02-01-2013: −1.3% against −5.1%.
- SBI Ultra Short to Short Term is the larger fund: ₹10,942 Cr against ₹2,727 Cr.
- Their portfolios overlap 7.9%: 7 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 | SBI Ultra Short to Short Term Fund | Tata Ultra Short to Short Term Fund |
|---|---|---|
| Fund house | SBI Mutual Fund | Tata Mutual Fund |
| Category | Low Duration | Low Duration |
| AUM | ₹10,942 Cr (30-09-2026) | ₹2,727 Cr (30-09-2026) |
| NAV | ₹3,925.81 (Direct) | ₹4,379.43 (Direct) |
| Expense ratio (Direct) | 0.44% | 0.27% |
| Expense ratio (Regular) | 0.92% | 0.57% |
| Riskometer | Low to Moderate | Low to Moderate |
| Benchmark | CRISIL Low Duration Debt A-I Index | CRISIL Low Duration Debt A-I Index |
| Launch date | 27-07-2007 | 06-09-2005 |
| Minimum investment | ₹5,000 | ₹5,000 |
| Lock in | None | None |
| Fund managers | Rajeev Radhakrishnan | Akhil Mittal, Dhawal Josh |
| Exit load | Nil | NIL |
SBI Ultra Short to Short Term vs Tata 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 |
|---|---|---|---|---|---|---|---|
| SBI Ultra Short to Short Term Fund (Direct) | +0.24% | +1.16% | +2.95% | +5.62% | +7.11% | +6.53% | +6.74% |
| Tata Ultra Short to Short Term Fund (Direct) | +0.17% | +1.17% | +3.13% | +5.95% | +7.18% | +6.52% | +6.18% |
| Low Duration average | +0.18% | +1.12% | +2.95% | +5.79% | +7.22% | +6.58% | +6.73% |
Category average: the average of the 25 Low Duration funds, same plan type.
SBI Ultra Short to Short Term vs Tata Ultra Short to Short Term: Year-wise Returns
| Year | SBISBI Ultra Short to Short Term | TataTata Ultra Short to Short Term |
|---|---|---|
| 2026to date | +4.65% | +4.93% |
| 2025 | +7.57% | +7.53% |
| 2024 | +7.87% | +7.85% |
| 2023 | +7.36% | +7.21% |
| 2022 | +4.59% | +4.38% |
| 2021 | +3.72% | +3.88% |
SBI Ultra Short to Short Term vs Tata Ultra Short to Short Term: Rolling Returns
Every holding period of both funds
Rolling returns
Every 3-year holding period, 2,627 of them, one for each trading day from 04-01-2016 to 30-10-2026: the yearly return (CAGR) of each, plotted on the day it ended. One lucky or unlucky start day cannot flatter or hide a fund.
SBI Ultra Short to Short Term Fund (Direct)
Tata Ultra Short to Short Term Fund (Direct)
to
Nov 2016Sept 2015
to
Sept 2018Jul 2017
to
Jul 2020May 2019
to
May 2022Mar 2021
to
Mar 2024Dec 2022
to
Dec 2025
How the periods spread
| Fund | Below 0% | 0-5% | 5-10% | 10-15% | 15-20% | 20-25% | Above 25% | Mean | Median | Lowest | Highest |
|---|---|---|---|---|---|---|---|---|---|---|---|
| SBI Ultra Short to Short Term | 0.0 | 1.4 | 98.6 | 0.0 | 0.0 | 0.0 | 0.0 | 7.2% | 7.6% | 4.9% | 9.3% |
| Tata Ultra Short to Short Term | 0.0 | 6.6 | 93.4 | 0.0 | 0.0 | 0.0 | 0.0 | 6.7% | 6.3% | 3.8% | 9.4% |
The table shows the % of periods in each return band; a darker cell holds more of them. Lumpsum: the yearly rate (CAGR) from a period's first NAV to its last. SIP: the XIRR of the monthly instalments. Every fund is measured over the days all of them have, from 02-01-2013. Past returns do not promise future returns.
SBI Ultra Short to Short Term vs Tata Ultra Short to Short Term: SIP and Lumpsum Returns
What the same monthly or one-time investment would be worth in each fund today, from their own NAV history
Growth of an investment
₹10,000 on the first trading day of every month, from 02-01-2013 to 30-10-2026: 166 instalments, ₹16,60,000 in all.
| Investment | Invested | Value now | Gain | Return a year |
|---|---|---|---|---|
| SBI Ultra Short to Short TermSBI Ultra Short to Short Term Fund (Direct) | ₹16,60,000 | ₹27,28,912 | ₹10,68,912 | 6.9% |
| Tata Ultra Short to Short TermTata Ultra Short to Short Term Fund (Direct) | ₹16,60,000 | ₹26,50,323 | ₹9,90,323 | 6.5% |
SBI Ultra Short to Short TermSBI Ultra Short to Short Term Fund (Direct)
Tata Ultra Short to Short TermTata Ultra Short to Short Term Fund (Direct)
Amount invested
From each plan's published NAV (Growth option), over the same days. Return a year: XIRR for a SIP, CAGR for a lumpsum, shown for a year or more. It does not include exit load, stamp duty or tax. Past returns do not promise future returns.
SBI Ultra Short to Short Term vs Tata 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 | SBI Ultra Short to Short Term Fund (Direct) | Tata Ultra Short to Short Term Fund (Direct) |
|---|---|---|
| Return (CAGR) | +5.62% | +5.95% |
| Standard deviation | 0.60% | 0.58% |
| Sharpe ratio | 0.62 | 1.21 |
| Sortino ratio | 0.92 | 1.84 |
| Maximum drawdown | −0.2% (21-05-2026) | −0.2% (21-05-2026) |
| Beta | -- | -- |
| Alpha | -- | -- |
From daily NAVs, 30-10-2025 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.
| Measure | SBI Ultra Short to Short Term Fund (Direct) | Tata Ultra Short to Short Term Fund (Direct) |
|---|---|---|
| Return (CAGR) | +7.11% | +7.18% |
| Standard deviation | 0.48% | 0.47% |
| Sharpe ratio | 2.25 | 2.46 |
| Sortino ratio | 3.82 | 4.31 |
| Maximum drawdown | −0.2% (21-05-2026) | −0.2% (21-05-2026) |
| Beta | -- | -- |
| Alpha | -- | -- |
From daily NAVs, 30-10-2023 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.
| Measure | SBI Ultra Short to Short Term Fund (Direct) | Tata Ultra Short to Short Term Fund (Direct) |
|---|---|---|
| Return (CAGR) | +6.53% | +6.52% |
| Standard deviation | 0.46% | 0.47% |
| Sharpe ratio | 1.60 | 1.54 |
| Sortino ratio | 2.54 | 2.37 |
| Maximum drawdown | −0.4% (06-05-2022) | −0.5% (06-05-2022) |
| Beta | -- | -- |
| Alpha | -- | -- |
From daily NAVs, 29-10-2021 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.
| Measure | SBI Ultra Short to Short Term Fund (Direct) | Tata Ultra Short to Short Term Fund (Direct) |
|---|---|---|
| Return (CAGR) | +7.33% | +6.99% |
| Standard deviation | 0.63% | 1.33% |
| Sharpe ratio | 2.05 | 0.70 |
| Sortino ratio | 3.70 | 0.76 |
| Maximum drawdown | −1.3% (24-03-2020) | −5.1% (17-06-2019) |
| Beta | -- | -- |
| Alpha | -- | -- |
From daily NAVs, 02-01-2013 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.
SBI Ultra Short to Short Term Fund (Direct)
Tata 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 |
|---|---|---|---|---|---|---|
| SBI Ultra Short to Short Term Fund (Direct) | −1.3% | 09-03-2020 | 24-03-2020 | 27-03-2020 | 3 days | 0.0% |
| Tata Ultra Short to Short Term Fund (Direct) | −5.1% | 03-06-2019 | 17-06-2019 | 24-02-2020 | 8 months | −0.1% |
From daily values since 02-01-2013, the first day every fund has.
Rolling standard deviation
Whether the swings have grown or calmed over time: the standard deviation of daily changes over every 1-year window, scaled to a year, plotted on the window's last day. Higher means a bumpier ride.
SBI Ultra Short to Short Term Fund (Direct)
Tata Ultra Short to Short Term Fund (Direct)
Whether the swings have grown or calmed over time: the standard deviation of daily changes over every 3-year window, scaled to a year, plotted on the window's last day. Higher means a bumpier ride.
SBI Ultra Short to Short Term Fund (Direct)
Tata Ultra Short to Short Term Fund (Direct)
Whether the swings have grown or calmed over time: the standard deviation of daily changes over every 5-year window, scaled to a year, plotted on the window's last day. Higher means a bumpier ride.
SBI Ultra Short to Short Term Fund (Direct)
Tata Ultra Short to Short Term Fund (Direct)
SBI Ultra Short to Short Term vs Tata Ultra Short to Short Term: Portfolio Overlap
From each fund's latest monthly portfolio: SBI Ultra Short to Short Term Fund, September 2026; Tata Ultra Short to Short Term Fund, September 2026
Holdings in common
- Overlap
- 7.9%
- Held by both
- 7
- Only in SBI Ultra Short to Short Term
- 40
- Only in Tata Ultra Short to Short Term
- 50
| Security | % of SBI Ultra Short to Short Term | % of Tata Ultra Short to Short Term |
|---|---|---|
| Canara Bank | 4.46% | 1.79% |
| ICICI Bank Ltd. | 4.43% | 1.78% |
| Muthoot Finance Ltd. | 1.59% | 1.82% |
| Torrent Pharmaceuticals Ltd. | 1.13% | 2.18% |
| Small Industries Development Bank of India | 3.12% | 0.89% |
| Corporate Debt Market Development Fund-A2 | 0.42% | 0.38% |
| India Universal Trust AL1 (Obligor - HDFC Bank Ltd.) | 0.35% | 0.35% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 7.9% means 7.9% 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 SBI Ultra Short to Short Term Fund
| Security | % of fund |
|---|---|
| HDFC Bank Ltd. | 5.55% |
| Radhakrishna Securitisation Trust (Obligor - Digital Fibre Infrastructure Trust) | 4.57% |
| Indian Bank | 4.47% |
| Kotak Mahindra Bank Ltd. | 4.44% |
| Bharti Telecom Ltd. | 4.08% |
Largest holdings only in Tata Ultra Short to Short Term Fund
| Security | % of fund |
|---|---|
| ** - HDFC BANK LTD - CD - 14/12/2026 | 5.43% |
| ** 07.80 % NABARD - 15/03/2027 | 4.59% |
| ** - KOTAK MAHINDRA BANK - CD - 21/12/2026 | 4.52% |
| ** 06.92 % DLF CYBER CITY DEVELOPERS LTD - 28/07/2028 | 4.50% |
| ** - INDIAN BANK - CD - 12/01/2027 | 3.60% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | SBI Ultra Short to Short Term | Tata Ultra Short to Short Term |
|---|---|---|
| Equity | 0.0% | 0.0% |
| Debt | 93.1% | 97.3% |
| Cash and others | 6.9% | 2.7% |
SBI Ultra Short to Short Term vs Tata Ultra Short to Short Term: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | SBI Ultra Short to Short Term Fund | Tata Ultra Short to Short Term Fund |
|---|---|---|
| Total expense ratio (Direct) | 0.44% | 0.27% |
| Base expense ratio (Direct) | 0.37% | 0.21% |
| Total expense ratio (Regular) | 0.92% | 0.57% |
| Base expense ratio (Regular) | 0.78% | 0.50% |
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 SBI Ultra Short to Short Term with
- SBI Ultra Short to Short Term vs HSBC Ultra Short to Short Term
- SBI Ultra Short to Short Term vs Nippon India Ultra Short to Short Term
- SBI Ultra Short to Short Term vs Axis Ultra Short to Short Term
- SBI Ultra Short to Short Term vs Kotak Ultra Short to Short Term
- SBI Ultra Short to Short Term vs Mirae Asset Ultra Short to Short Term
Compare Tata Ultra Short to Short Term with
- Tata Ultra Short to Short Term vs HSBC Ultra Short to Short Term
- Tata Ultra Short to Short Term vs Nippon India Ultra Short to Short Term
- Tata Ultra Short to Short Term vs Axis Ultra Short to Short Term
- Tata Ultra Short to Short Term vs Kotak Ultra Short to Short Term
- Tata Ultra Short to Short Term vs Mirae Asset Ultra Short to Short Term
SBI Ultra Short to Short Term Fund vs Tata Ultra Short to Short Term Fund: Frequently Asked Questions
What is the difference between SBI Ultra Short to Short Term Fund and Tata Ultra Short to Short Term Fund?
Both are Low Duration funds, run by SBI Mutual Fund and Tata Mutual Fund. Their portfolios overlap 7.9%. SBI Ultra Short to Short Term Fund charges 0.44% a year and Tata Ultra Short to Short Term Fund 0.27%.
Which has given higher returns, SBI Ultra Short to Short Term Fund or Tata Ultra Short to Short Term Fund?
Over 1 year: SBI Ultra Short to Short Term Fund +5.62%, Tata Ultra Short to Short Term Fund +5.95%. Over 3 years: SBI Ultra Short to Short Term Fund +7.11% a year, Tata Ultra Short to Short Term Fund +7.18% a year. Over 5 years: SBI Ultra Short to Short Term Fund +6.53% a year, Tata Ultra Short to Short Term Fund +6.52% a year. As on 30-10-2026. Past returns do not promise future returns.
Which has the lower expense ratio, SBI Ultra Short to Short Term Fund or Tata Ultra Short to Short Term Fund?
Tata Ultra Short to Short Term Fund charges less: 0.27% a year against 0.44%. These are the Direct plans' total expense ratios reported to AMFI.
How much do SBI Ultra Short to Short Term Fund and Tata Ultra Short to Short Term Fund overlap?
7.9%. They hold 7 of the same securities, the largest shared ones being Canara Bank, ICICI Bank Ltd., Muthoot Finance Ltd.. From each fund's latest monthly portfolio.
Which is riskier, SBI Ultra Short to Short Term Fund or Tata Ultra Short to Short Term Fund?
On SEBI's riskometer, SBI Ultra Short to Short Term Fund is rated Low to Moderate and Tata Ultra Short to Short Term Fund Low to Moderate. Over 3 years, the standard deviation of daily returns was 0.48% and 0.47% a year.
Which is better for SIP, SBI Ultra Short to Short Term Fund or Tata Ultra Short to Short Term Fund?
Over the last 5 years, a monthly SIP of ₹10,000 from 01-10-2021 to 30-10-2026 grew to ₹7,26,585 in SBI Ultra Short to Short Term Fund (XIRR 6.8% a year) and ₹7,27,375 in Tata Ultra Short to Short Term Fund (XIRR 6.9% a year). Both received 61 instalments. Past returns do not promise future returns.
Can I invest in both SBI Ultra Short to Short Term Fund and Tata Ultra Short to Short Term Fund?
Yes. 7.9% of each fund's money sits in the same holdings, so the two hold mostly different investments.
Who manages SBI Ultra Short to Short Term Fund and Tata Ultra Short to Short Term Fund?
SBI Ultra Short to Short Term Fund: Rajeev Radhakrishnan. Tata Ultra Short to Short Term Fund: Akhil Mittal, Dhawal Josh.
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.