HDFC Ultra Short to Short Term Fund
Other options
The page shows the Growth option. The Regular plan’s other options have their own codes.
| Option | AMFI code | ISIN |
|---|---|---|
| Growth (this page) | 102452 | INF179K01442 |
| IDCW | 102453 | INF179K01483, INF179K01475 |
| IDCW | 105543 | INF179K01467, INF179K01459 |
| IDCW | 105548 | INF179K01434 |
Ultra Short to Short Term Fund
HDFC Mutual Fund
Open-ended. Launched on 18 Nov 1999.
- NAV
- Data delayed
- AssetsAssets The market value of everything the scheme holds, less what it owes, as the fund house discloses it at each month-end.
- ₹16,513 cr
- 30 Sep 2026
- SIP fromSIP Systematic investment plan: a fixed sum put into the scheme at regular intervals, usually every month.
- ₹100
- a month
- BenchmarkBenchmark The market index the fund house names in the SID as the measure the scheme is compared against.
- NIFTY Low Duration Debt Index A-I
- as the SID names it
- Riskometer
- Moderate
- read by Felix on 28 Oct 2026
The SID and KIM are the final reference for every fact on this page.
The fund house also offers a Direct plan of this scheme, whose expenses are lower to the extent of the distribution commission.
Assets: the fund house’s month-end disclosure of 30 Sep 2026. Minimums: fund house documents, as read by Felix on 28 Oct 2026. Benchmark: the SID.
Mutual Fund investments are subject to market risks, read all scheme related documents carefully.
1 change in the last 12 months: SEBI renamed its category from Low Duration Fund to Ultra Short to Short Term Fund, 26 Feb 2026. See what changed
What it is
SEBI’s rule for an Ultra Short to Short Term Fund: debt and money market instruments, with a portfolio Macaulay duration of 6 to 12 months. Source: SEBI
What the SID allows it to holdSID Scheme information document: the scheme’s offer document, which sets out its objective, asset allocation, risks and expenses.
Source: the SID’s asset allocation, from fund house disclosures.
Potential risk class (PRC)
PRC Potential risk class: the most interest-rate risk and credit risk a debt scheme may take, on SEBI’s three-by-three grid, as its SID states it.as the SID states it| Interest-rate risk | Credit risk relatively low (A) | Moderate (B) | Relatively high (C) |
|---|---|---|---|
| Relatively low (I) | |||
| Moderate (II) | |||
| Relatively high (III) | B-III |
Riskometer
The risk of the scheme is Moderate
As read by Felix on 28 Oct 2026. Fund houses review this level every month, and the fund house’s latest disclosure prevails: Riskometer disclosures, HDFC Mutual Fund
- Low
- Low to Moderate
- Moderate
- Moderately High
- High
- Very High
Benchmark: NIFTY Low Duration Debt Index A-I. Its riskometer is published monthly by the fund house: Riskometer disclosures, HDFC Mutual Fund
Source: fund houses’ disclosures.
Who runs it
Anupam Joshisince 27 Oct 2015
Fund manager
Also manages HDFC Aggressive Hybrid Fund, HDFC Conservative Hybrid Fund, HDFC Corporate Bond Fund, HDFC CRISIL-IBX Financial Services 3-6 Months Debt Index Fund, HDFC CRISIL-IBX Financial Services 9-12 Months Debt Index Fund, HDFC Long Term Fund, HDFC Medium to Long Term Fund, HDFC Nifty G-Sec Apr 2029 Index Fund, HDFC Nifty G-sec Dec 2026 Index, HDFC Nifty G-Sec July 2031 Index, HDFC Nifty G-Sec Jun 2027 Index, HDFC NIFTY G-Sec Jun 2036 Index Fund, HDFC Nifty G-Sec Sep 2032 Index, HDFC NIFTY SDL Plus G-Sec Jun 2027 40:60 Index Fund, HDFC Retirement Fund - Equity Plan, HDFC Retirement Fund - Hybrid Debt Plan, HDFC Retirement Fund - Hybrid Equity Plan
Dhruv Muchhalsince 22 Jun 2023
Fund manager, foreign securities
Also manages HDFC Aggressive Hybrid Fund, HDFC Arbitrage Fund, HDFC Balanced Advantage Fund, HDFC Banking & Financial Services Fund, HDFC Banking and PSU Debt Fund, HDFC Business Cycle Fund, HDFC Children's Fund, HDFC Conservative Hybrid Fund, HDFC Consumption Fund, HDFC Corporate Bond Fund, HDFC Credit Risk Fund, HDFC Defence Fund, HDFC Dynamic Term Fund, HDFC ELSS - Tax Saver Fund, HDFC Equity Savings Fund, HDFC Flexi Cap Fund, HDFC Floating Interest Rates Fund, HDFC Focused Fund, HDFC Housing Opportunities Fund, HDFC Infrastructure Fund, HDFC Innovation Fund, HDFC Large & Mid Cap Fund, HDFC Large Cap Fund, HDFC Liquid Fund, HDFC Long Term Fund, HDFC Manufacturing Fund, HDFC Medium Term Fund, HDFC Medium to Long Term Fund, HDFC Mid Cap Fund, HDFC MNC Fund, HDFC Money Market Fund, HDFC Multi Asset Allocation Fund, HDFC Multi Cap Fund, HDFC Overnight Fund, HDFC Pharma And Healthcare Fund, HDFC Short Term Fund, HDFC Small Cap Fund, HDFC Technology Fund, HDFC Transportation and Logistics Fund, HDFC Ultra Short Term Fund, HDFC Value Fund
Praveen Jainsince 6 Oct 2022
Fund manager
Also manages HDFC Credit Risk Fund, HDFC CRISIL-IBX Financial Services 9-12 Months Debt Index Fund, HDFC Income Plus Arbitrage Omni FoF, HDFC Medium Term Fund, HDFC Money Market Fund, HDFC Ultra Short Term Fund
Bars on one scale, from the scheme’s launch. Other schemes A to Z. Source: fund house disclosures, as of 28 Oct 2026.
Codes and identity
from the SID and AMFI- Fund house
- HDFC Mutual Fund
- SEBI category
- Ultra Short to Short Term Fund
- Plan and option
- Regular plan – Growth
- Structure
- Open-ended
- Launched
- 18 Nov 1999
- AMFI code, Growth
- 102452
- ISIN, Growth
- INF179K01442
- IDCW INF179K01483, INF179K01475
- IDCW INF179K01467, INF179K01459
- IDCW INF179K01434
- Registrar
- CAMS
- Fund house website
- hdfcfund.com ↗
ISINs of the IDCW options
HDFC Mutual Fund
HDFC Mutual Fund runs 87 schemes in their Regular plan: 22 equity, 15 debt, 6 hybrid, 31 index funds and ETFs, 13 other.
24 fund managers, in their current schemes for 3 years 1 month on average.
9 schemes launched in the last 12 months.
- All 87 schemes
- hdfcfund.com
- Registrar: CAMS
Source: fund houses’ disclosures, as of 28 Oct 2026.
Buying and selling
- SIP from
- ₹100, as the KIM states it
- Entry load
- Nil, since 1 Aug 2009
- Stamp duty
- 0.005% of the amount invested, since 1 Jul 2020
- Applicable NAV
- That business day’s, when the application and the money reach the fund house by the 3 pm cut-off; after it, the next business day’s
- Redemption money
- Within 3 working days of the redemption request
Sources: the scheme’s KIM for the minimums; SEBI for the entry load, cut-off and redemption timeline; Ministry of Finance for stamp duty.
The category: Ultra Short to Short Term Fund
All 25 schemesSchemes 5 to 14 of 25, A to Z; this scheme is marked.Schemes 8 to 12 of 25, A to Z; this scheme is marked.
| Scheme | Benchmark | Assets, ₹ cr (30 Sep 2026) | SIP from, ₹ | Launched |
|---|---|---|---|---|
| Baroda BNP Paribas Ultra Short to Short Term Fund | CRISIL Low Duration Debt A-I Index | 330 | 500 | 2005 |
| Canara Robeco Ultra Short to Short Term Fund | CRISIL Low Duration Debt A-I Index | 1,113 | 1,000 | 2005 |
| DSP Ultra Short to Short Term Fund | NIFTY Low Duration Debt Index A-I | 4,455 | 100 | 2015 |
| Edelweiss Ultra Short to Short term Fund | CRISIL Low Duration Debt A-I Index | 454 | 100 | 2025 |
| Franklin India Ultra Short to Short Term Fund | NIFTY Low Duration Debt Index A-I | 338 | 500 | 2025 |
| HDFC Ultra Short to Short Term Fund | NIFTY Low Duration Debt Index A-I | 16,513 | 100 | 1999 |
| HSBC Ultra Short to Short Term Fund | NIFTY Low Duration Debt Index A-I | 847 | 1,000 | 2010 |
| ICICI Prudential Ultra Short to Short Term Fund | NIFTY Low Duration Debt Index A-I | 18,781 | 100 | 2002 |
| Invesco India Ultra Short to Short Term Fund | NIFTY Low Duration Debt Index A-I | 1,714 | 100 | 2007 |
| JioBlackRock Ultra Short to Short Term Fund | NIFTY Low Duration Debt Index A-I | 686 | Not reported | 2026 |
| Scheme | Benchmark | Assets, ₹ cr (30 Sep 2026) | SIP from, ₹ | Launched |
|---|---|---|---|---|
| Edelweiss Ultra Short to Short term Fund | CRISIL Low Duration Debt A-I Index | 454 | 100 | 2025 |
| Franklin India Ultra Short to Short Term Fund | NIFTY Low Duration Debt Index A-I | 338 | 500 | 2025 |
| HDFC Ultra Short to Short Term Fund | NIFTY Low Duration Debt Index A-I | 16,513 | 100 | 1999 |
| HSBC Ultra Short to Short Term Fund | NIFTY Low Duration Debt Index A-I | 847 | 1,000 | 2010 |
| ICICI Prudential Ultra Short to Short Term Fund | NIFTY Low Duration Debt Index A-I | 18,781 | 100 | 2002 |
Show all 25 schemes
| Scheme | Benchmark | Assets, ₹ cr (30 Sep 2026) | SIP from, ₹ | Launched |
|---|---|---|---|---|
| Aditya Birla Sun Life Ultra Short to Short Term Fund | NIFTY Low Duration Debt Index A-I | 9,185 | 100 | 1998 |
| Axis Ultra Short to Short Term Fund | NIFTY Low Duration Debt Index A-I | 4,563 | 100 | 2009 |
| Bajaj Finserv Ultra Short to Short Term Fund | NIFTY Low Duration Debt Index A-I | 582 | Not reported | 2026 |
| Bandhan Ultra Short to Short Term Fund | NIFTY Low Duration Debt Index A-I | 6,342 | 100 | 2006 |
| Baroda BNP Paribas Ultra Short to Short Term Fund | CRISIL Low Duration Debt A-I Index | 330 | 500 | 2005 |
| Canara Robeco Ultra Short to Short Term Fund | CRISIL Low Duration Debt A-I Index | 1,113 | 1,000 | 2005 |
| DSP Ultra Short to Short Term Fund | NIFTY Low Duration Debt Index A-I | 4,455 | 100 | 2015 |
| Edelweiss Ultra Short to Short term Fund | CRISIL Low Duration Debt A-I Index | 454 | 100 | 2025 |
| Franklin India Ultra Short to Short Term Fund | NIFTY Low Duration Debt Index A-I | 338 | 500 | 2025 |
| HDFC Ultra Short to Short Term Fund | NIFTY Low Duration Debt Index A-I | 16,513 | 100 | 1999 |
| HSBC Ultra Short to Short Term Fund | NIFTY Low Duration Debt Index A-I | 847 | 1,000 | 2010 |
| ICICI Prudential Ultra Short to Short Term Fund | NIFTY Low Duration Debt Index A-I | 18,781 | 100 | 2002 |
| Invesco India Ultra Short to Short Term Fund | NIFTY Low Duration Debt Index A-I | 1,714 | 100 | 2007 |
| JioBlackRock Ultra Short to Short Term Fund | NIFTY Low Duration Debt Index A-I | 686 | Not reported | 2026 |
| JM Ultra Short to Short Term Fund | CRISIL Low Duration Debt A-I Index | 236 | 100 | 2006 |
| Kotak Ultra Short to Short Term Fund | NIFTY Low Duration Debt Index A-I | 12,566 | 100 | 2008 |
| LIC MF Ultra Short to Short Term Fund | CRISIL Low Duration Debt A-I Index | 1,900 | 200 | 2003 |
| Mahindra Manulife Ultra Short to Short Term Fund | CRISIL Low Duration Debt A-I Index | 497 | 500 | 2017 |
| Mirae Asset Ultra Short to Short Term Fund | NIFTY Low Duration Debt Index A-I | 2,290 | 99 | 2008 |
| Nippon India Ultra Short to Short Term Fund | CRISIL Low Duration Debt A-I Index | 7,096 | 100 | 2007 |
| SBI Ultra Short to Short Term Fund | CRISIL Low Duration Debt A-I Index | 10,942 | 500 | 2007 |
| Sundaram Ultra Short to Short Term Fund | NIFTY Low Duration Debt Index A-I | 381 | 1,000 | 2004 |
| Tata Ultra Short to Short Term Fund | CRISIL Low Duration Debt A-I Index | 2,727 | 500 | 2005 |
| Union Ultra Short to Short Term Fund | NIFTY Low Duration Debt Index A-I | 228 | Not reported | 2025 |
| UTI Ultra Short to Short Term Fund | NIFTY Low Duration Debt Index A-I | 2,604 | 500 | 2003 |
Regular plan – Growth for every scheme. Source: fund houses’ disclosures; assets at month-end 30 Sep 2026; SIP minimums as read by Felix on 28 Oct 2026; benchmarks as each SID names them.
What changed
- 26 Feb 2026SEBI renamed its category from Low Duration Fund to Ultra Short to Short Term Fund
- 22 Jun 2023Dhruv Muchhal became a fund manager
- 6 Oct 2022Praveen Jain became a fund manager
- 27 Oct 2015Anupam Joshi became a fund manager
- 18 Nov 1999Launched
- 18 Nov 1999NFO closed
- 18 Nov 1999NFO opened
Source: fund house disclosures and SEBI.
Documents
KIM Key information memorandum: the short summary of the SID that comes with every application form.HDFC Mutual Fund publishes the scheme’s documents on its website:
- Scheme information document (SID)
- Key information memorandum (KIM)
- Monthly factsheet
- Monthly portfolio disclosure
Felix links to the fund house’s own copies and never copies them.
Questions about this fund
Who manages it, and since when?
Anupam Joshi, since 27 Oct 2015 (Fund manager); Praveen Jain, since 6 Oct 2022 (Fund manager); Dhruv Muchhal, since 22 Jun 2023 (Fund manager, foreign securities). Source: HDFC Mutual Fund’s disclosures.
What is the minimum SIP?
₹100 a month, as of 28 Oct 2026, from the fund house’s documents.
What is its benchmark?
NIFTY Low Duration Debt Index A-I, as the SID names it. Felix shows the benchmark by name only.
When was it launched, and what was it called before?
It was launched on 18 Nov 1999.
How do I invest in it?
Read the SID and KIM on HDFC Mutual Fund’s website first. A mutual fund distributor can place your application in this scheme’s Regular plan. Investments made through a mutual fund distributor are in the Regular plan, which includes distributor commission.
What does “Regular plan – Growth” mean?
The Regular plan is the one bought through a distributor; its expenses include the distributor’s commission. In the Growth option, gains stay in the NAV and nothing is paid out.
Where are its documents?
On HDFC Mutual Fund’s website: the scheme information document (SID), the key information memorandum (KIM) and the monthly factsheet.
Mutual Fund investments are subject to market risks, read all scheme related documents carefully.
Data on this page
| Block | Source | For |
|---|---|---|
| Assets | Fund houses’ disclosures, at month-end | 30 Sep 2026 |
| Minimums | Fund house documents, as read by Felix | 28 Oct 2026 |
| Riskometer | Fund houses’ disclosures, as read by Felix | 28 Oct 2026 |
| Asset allocation | The SID, from fund house disclosures | 28 Oct 2026 |
| Fund managers | Fund house disclosures | 28 Oct 2026 |
Something wrong or out of date? Report an error
When you are ready, invest with a person.
The SID and KIM are the final reference for every fact on this page.