Ultra ShortDirect and Regular plans, Growth and IDCW options
Data as on 30-10-2026
Edelweiss Ultra Short Term Fund is an Ultra Short fund run by Edelweiss Mutual Fund. On 30-09-2026, it managed ₹896 Cr of investors' money.
NAV on 30-10-2026: Direct Plan Growth ₹1,009.78 (up 0.01% that day); Regular Plan Growth ₹1,008.90 (up 0.01% that day).
Returns as on 30-10-2026. Up to one year they are absolute returns. Longer periods are a rate per year.
| Period | 1M | 3M | 6M | 1Y | 3Y | 5Y | 10Y |
|---|---|---|---|---|---|---|---|
| This fund (Direct) | +0.31% | -- | -- | -- | -- | -- | -- |
| This fund (Regular) | +0.28% | -- | -- | -- | -- | -- | -- |
| Ultra Short average | +0.30% | -- | -- | -- | -- | -- | -- |
| Best in Ultra Short | +0.39% | -- | -- | -- | -- | -- | -- |
| Worst in Ultra Short | −0.11% | -- | -- | -- | -- | -- | -- |
| Rank in Ultra Short | 14/26 | -- | -- | -- | -- | -- | -- |
Category rows compare the Direct plans of 26 Ultra Short funds. Rank 1 is the highest return. This fund's benchmark is CRISIL Ultra Short Duration Debt A-I Index. Returns of that index are not available to us, so the category average is the comparison.
The five Ultra Short funds with the best three year return, and this fund. Direct plans.
| Fund name | Rank | AUM (Cr) | Exp. ratio | 1Y return | 3Y return | 3Y alpha | 3Y beta | 3Y Sharpe | 3Y Sortino | |
|---|---|---|---|---|---|---|---|---|---|---|
| Tata Ultra Short Term Fund | 1/23 | 5,404 | 0.33% | +6.84% | +7.44% | -- | -- | 3.83 | 7.92 | Compare |
| Aditya Birla Sun Life Ultra Short Term Fund | 2/23 | 16,279 | 0.32% | +6.36% | +7.41% | -- | -- | 3.30 | 6.20 | Compare |
| Axis Ultra Short Term fund | 3/23 | 4,996 | 0.36% | +6.56% | +7.37% | -- | -- | 3.53 | 7.07 | Compare |
| Mirae Asset Ultra Short-Term Fund | 4/23 | 1,808 | 0.22% | +6.48% | +7.34% | -- | -- | 3.33 | 6.25 | Compare |
| ICICI Prudential Ultra Short Term Fund | 5/23 | 15,236 | 0.40% | +6.37% | +7.31% | -- | -- | 3.25 | 6.24 | Compare |
| Edelweiss Ultra Short Term Fund | -- | 896 | 0.13% | -- | -- | -- | -- | -- | -- |
AUM is each fund's size at the end of its last reported month, from its own portfolio file. We calculate the risk ratios from daily NAVs over the last three years. The risk-free return is what NSE's overnight rate index earned over the same years. Alpha and beta compare each fund with its own benchmark's TRI. "--" means we have no figure: for alpha and beta, no daily series for that benchmark.
What each plan charges a year, in force from 01-10-2026
| Plan | Base expense ratio | Brokerage | Transaction costs | Levies and GST | Total expense ratio | Ultra Short median | Cost rank (1 = cheapest) |
|---|---|---|---|---|---|---|---|
| Direct | 0.10% | 0.01% | 0.00% | 0.02% | 0.13% | 0.30% | 1/26 |
| Regular | 0.51% | 0.01% | 0.00% | 0.09% | 0.61% | 0.81% | 6/26 |
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, the cost of executing trades, and statutory levies with GST. From AMFI's expense ratio file. Cost rank: where this plan comes when the Ultra Short funds' plans of the same type are sorted from the lowest total expense ratio to the highest.
Asset allocation as on 30-09-2026
101.4%Debt
| Asset | Fund | Category |
|---|---|---|
| Debt | 101.4% | 96.7% |
| Cash and others | −1.4% | 3.8% |
Cash and others is below 0: on that day the fund owed more in payments due than it held in cash.
Bonds and money market papers by credit rating, % of the fund. Category: the average of 26 Ultra Short funds.
| Rating | Fund | Category |
|---|---|---|
| Sovereign | 10.3% | 7.3% |
| AAA and A1+ | 91.1% | 77.2% |
As on 30-09-2026 · 22 holdings · from the fund house's monthly portfolio
| Holdings | Rating | Weight% |
|---|---|---|
| 182 DAYS TBILL RED 25-03-2027 · Treasury bill | SOVEREIGN | 8.14% |
| CANARA BANK CD RED 11-03-2027 · Certificate of deposit | CRISIL A1+ | 8.12% |
| 7.71% REC LTD SR 230A NCD RED 26-02-2027 · Bond | CRISIL AAA | 7.82% |
| 7.80% NABARD NCD SR 24E RED 15-03-2027 · Bond | ICRA AAA | 5.59% |
| 7.90% LIC HSG FIN TR421 NCD R 23-06-2027 · Bond | CRISIL AAA | 5.58% |
| KOTAK MAHINDRA BANK CD RED 08-01-2027 | CRISIL A1+ | 5.48% |
| AXIS BANK LTD CD RED 12-02-2027 | CRISIL A1+ | 5.45% |
| INDIAN BANK CD RED 05-02-2027 · Certificate of deposit | FITCH A1+ | 5.45% |
| AXIS FINANCE LTD CP R 29-01-27 · Commercial paper | CRISIL A1+ | 5.45% |
| HDFC BANK CD RED 24-02-2027 · Certificate of deposit | CARE A1+ | 5.43% |
| PUNJAB NATIONAL BANK CD RED 12-03-2027 · Certificate of deposit | CRISIL A1+ | 5.42% |
| SHAREKHAN LTD CP RED 25-02-2027 · Commercial paper | CRISIL A1+ | 5.41% |
| MUTHOOT FINCORP CP RED 26-02-2027 · Commercial paper | CRISIL A1+ | 5.39% |
| SIDBI CD RED 11-06-2027 · Certificate of deposit | CRISIL A1+ | 5.31% |
| BANK OF BARODA CD RED 11-01-2027 · Certificate of deposit | FITCH A1+ | 2.74% |
| NABARD CD RED 10-03-2027 · Certificate of deposit | CRISIL A1+ | 2.71% |
| MIRAE ASSET CAP CP RD 26-02-27 · Commercial paper | CRISIL A1+ | 2.70% |
| PUNJAB NATIONAL BANK CD RED 18-03-2027 · Certificate of deposit | CRISIL A1+ | 2.70% |
| SIDBI CD RED 25-03-2027 · Certificate of deposit | CRISIL A1+ | 2.70% |
| 182 DAYS TBILL RED 17-12-2026 · Treasury bill | SOVEREIGN | 2.21% |
| BANK OF BARODA CD RED 25-01-2027 · Certificate of deposit | FITCH A1+ | 1.09% |
| EXIM BANK CD RED 29-01-2027 · Certificate of deposit | CRISIL A1+ | 0.55% |
Funds with the most similar portfolios, across every fund house and category
| Fund | Overlap | Holdings in common | |
|---|---|---|---|
| HDFC CRISIL-IBX Financial Services 3-6 Months Debt Index FundIndex · HDFC | 17.0% | 5 | Compare |
| Kotak CRISIL IBX Financial Services 3 6 Months Debt Index FundIndex · Kotak Mahindra | 14.5% | 4 | Compare |
| Bank of India Ultra Short Term FundUltra Short · Bank of India | 13.9% | 3 | Compare |
| Mirae Asset Money Market FundMoney Market · Mirae Asset | 13.0% | 8 | Compare |
| HSBC Ultra Short Term FundUltra Short · HSBC | 12.8% | 5 | Compare |
| Baroda BNP Paribas Money Market FundMoney Market · Baroda BNP Paribas | 11.5% | 6 | Compare |
| DSP Ultra Short Term FundUltra Short · DSP | 11.2% | 8 | Compare |
| UTI Ultra Short to Short Term FundLow Duration · UTI | 11.1% | 3 | Compare |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 40% means 40% of each fund's money sits in positions the other also holds. From each fund's latest monthly portfolio, matched by ISIN. Cash and hedged positions are left out. Funds that overlap under 10% are not listed. A high overlap does not make two funds the same: their costs, lock-in and category can differ.
Fund facts from the scheme summary document, as on 16-10-2026
Rules in force from 23-07-2024 (Finance Act 2024). Tax depends on your own income; this is general information, not tax advice.
| Plan | Option | NAV | As on |
|---|---|---|---|
| direct | Growth | ₹1,009.783 | 30-10-2026 |
| direct | IDCW | ₹1,009.783 | 30-10-2026 |
| regular | Growth | ₹1,008.9027 | 30-10-2026 |
| regular | IDCW | ₹1,008.9027 | 30-10-2026 |
Edelweiss Ultra Short Term Fund is a mutual fund from Edelweiss Mutual Fund. Its category is Ultra Short. It was launched on 25-08-2026. Its benchmark is CRISIL Ultra Short Duration Debt A-I Index. At the end of September 2026 it held 22 securities.
Rahul Dedhia
Fund manager of Edelweiss Ultra Short Term Fund, since 25-08-2026
Kedar Karnik
Fund manager of Edelweiss Ultra Short Term Fund, since 25-08-2026
See all funds of Edelweiss Mutual Fund
AUM moves with money invested or taken out, and with the value of what the fund holds.
Returns, risk, costs and the stocks they share, side by side
The Direct plan NAV is ₹1,009.783. The Regular plan NAV is ₹1,008.9027, as on 30-10-2026.
The Direct plan charges 0.13% a year. The Regular plan charges 0.61% a year. This is the figure the fund house reported to AMFI, in force from 01-10-2026.
Edelweiss Ultra Short Term Fund managed ₹896.00 Cr on 30-09-2026, as its fund house reported in its monthly portfolio.
At the end of September 2026 the largest holdings were 182 DAYS TBILL RED 25-03-2027 (8.14%), CANARA BANK CD RED 11-03-2027 (8.12%), 7.71% REC LTD SR 230A NCD RED 26-02-2027 (7.82%), 7.80% NABARD NCD SR 24E RED 15-03-2027 (5.59%), 7.90% LIC HSG FIN TR421 NCD R 23-06-2027 (5.58%). The fund held 22 securities in all.
Through Edelweiss Mutual Fund's website or app, a mutual fund distributor, or an investment platform. Choose the Direct plan to pay no distributor commission, or the Regular plan to invest through a distributor. The first investment is at least ₹100. You can invest once or through a monthly SIP.
Rahul Dedhia (since 25-08-2026), Kedar Karnik (since 25-08-2026).
Nil
No. You can redeem your units on any business day. An exit load may still apply.
Sources: NAV and expense ratio from AMFI. Holdings from the fund house's monthly portfolio statement. Fund facts from its scheme summary document, as on 16-10-2026.
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.
Track Edelweiss Ultra Short Term Fund in WealthGamma
Add this fund once. WealthGamma updates its value every day and shows it next to your stocks, gold, deposits and loans.
PAN not required · No broker linking · No OTPs