NRI from all over the world (excluding U.S.A. & Canada) can invest in this fund
SBNRI is a certified Mutual Fund distributor registered with Association of Mutual Funds in India (AMFI) with Reg. No. 246671
₹15.69
0.02%
NAV as on 10 Feb 26, 12:00 AM
low to moderate risk
ultra short duration
debt
NAV as on 10 Feb 26, 12:00 AM
low to moderate risk
ultra short duration
debt
6.62%p.a.
Last 1Y
7.02%p.a.
Last 3Y
5.90%p.a.
Last 5Y
6.29%p.a.
Since Inception
About HDFC Ultra Short Term Fund - Growth for NRIs
NRIs can achieve long-term capital appreciation by investing in the HDFC Ultra Short Term Fund - Growth scheme from HDFC Asset Management Company Limited. It is a Ultra Short Duration mutual fund scheme that predominantly invests in Ultra Short Duration stocks of companies. Launched on Sep 2018, HDFC Ultra Short Term Fund - Growth is Ultra Short Duration fund of its category with 17,353.42 Cr fund under management as on Feb 2026. The expense ratio of this fund is less than that of most other Fund category Ultra Short Duration funds.
- HDFC Ultra Short Term Fund - Growth delivered 6.6% annual returns during the last year. It has delivered 6.3% average annual returns since the fund was launched.
- HDFC Ultra Short Term Fund - Growth scheme tends to consistently deliver higher returns than most schemes in the same category.
- The scheme has predominantly invested in debt
Fund Objective
The fund seeks to generate income / capital appreciation through investment in debt securities and money market instruments. There is no assurance that the investment objective of the Scheme will be realized.
Top 10 Holdings
Repo
0.65%
Net Current Assets
1.99%
STATE DEVELOPMENT LOAN 17994 TN 13NV25 8.15 FV RS 100
0.53%
Gujarat State 8.12 13/11/2025
0.26%
STATE DEVELOPMENT LOAN 18020 TN 26NV25 8.17 FV RS 100
0.17%
SDL GUJARAT 8.15% (26/11/2025) 8.15 26/11/2025
0.12%
Maharashtra State SDL 8.21 09/12/2025
0.08%
GOI Sec 7.59 11/01/2026
0.29%
LIC Housing Finance Ltd Pvt. Placed Debts 8.47 10/06/2026
0.29%
LIC Housing Finance Ltd Bonds 8.43 10/07/2026
0.14%
Fund Managers
- Anil Bamboli (Sep 2018 - Present)
- Dhruv Muchhal (Jun 2023 - Present)
- Praveen Jain (Aug 2024 - Present)
Key Information
View Scheme Document
HDFC Ultra Short Term Fund - Growth SIP Calculator
If invested
per month
For a period of
Investment of ₹0 could have been
₹0(+0.0%)
₹0 (+0.0%)
This Fund
₹0 (+0.0%)
Fixed Deposit
NRI Mutual Fund Tax on HDFC Ultra Short Term Fund - Growth
Just like for resident investors, capital gains from mutual fund investments are subject to income tax for NRI investors.
| Fund Type | Short-term Capital Gains (STCG) Tax | Long-term Capital Gains (LTCG) Tax |
|---|---|---|
| Equity mutual funds | 15% | 10% (above Rs. 1 lakh LTCG) without indexation* |
| Debt & other types of funds | At tax slab rate | 20% with indexation benefits |
How can NRIs invest in HDFC Ultra Short Term Fund - Growth?
NRIs and OCIs can download the SBNRI app to invest in mutual funds from the country of their residence. Here are a few simple steps you need to take:
- Complete your NRI KYC: Type in your personal details and attach supporting documents, like:
- PAN Number
- Overseas address proof: Any of – Water/electricity bill, postpaid mobile/internet bill, rent agreement, driving license, etc.
- Passport – front and back
- Passport size photograph
- signature
If all details are correct, your KYC will be approved within 7 to 8 business days.
- Onboarding: After KYC, you need to share the following details to complete onboarding process and start investing in HDFC Ultra Short Term Fund - Growth
- Onboarding: After KYC, you need to share the following details to complete onboarding process and start investing:
- City and country of birth
- NRE/NRO bank account statement/ canceled cheque for the latest 3 months
- Nominee details
Similar Funds
Funds
3Y Return
Kotak Savings Fund -Growth
low to moderate risk | debt
6.9%
HDFC Ultra S/T Fund Daily Reinvestment of Income Distribution cum Capital Withdrawal Opt
low to moderate risk | debt
0.0%
HDFC Ultra S/T Fund Weekly Payout of Income Distribution cum Capital Withdrawal Opt
low to moderate risk | debt
0.0%
Frequently Asked Questions
Copyright | 2021 @ SBNRI | All Rights Reserved