Best Ultra Short Term Fund in 2026
Top performers by 3-year CAGR · Direct-Growth · NAV as of 30-Oct-2026
This list ranks the 19 ultra short term fund on MoneyDock by their 3-year CAGR, computed from AMFI NAV history for the Direct-Growth plan. Nippon India Ultra Short Term Fund currently leads with +7.90%.
Returns measure past performance only and should be one input among many — also weigh expense ratio, risk, fund house track record and how the fund fits your goals. Past performance does not guarantee future results.
| # | Fund | 3Y CAGR Return | NAV |
|---|---|---|---|
| 1 | +7.90% | ₹4,851.45 | |
| 2 | +7.77% | ₹607.54 | |
| 3 | +7.71% | ₹1,439.44 | |
| 4 | +7.68% | ₹4,027.55 | |
| 5 | +7.67% | ₹17.03 | |
| 6 | +7.63% | ₹3,133.58 | |
| 7 | +7.61% | ₹4,946.82 | |
| 8 | +7.56% | ₹3,183.87 | |
| 9 | +7.55% | ₹1,531.87 | |
| 10 | +7.54% | ₹1,469.99 | |
| 11 | +7.51% | ₹1,697.73 | |
| 12 | +7.48% | ₹48.77 | |
| 13 | +7.38% | ₹38.61 | |
| 14 | +7.36% | ₹6,602.29 | |
| 15 | +7.35% | ₹16.73 | |
| 16 | IT ITI Ultra Short Term Fund | +7.35% | ₹1,388.36 |
| 17 | +7.31% | ₹4,385.78 | |
| 18 | +7.27% | ₹1,527.59 | |
| 19 | BO Bank of India Ultra Short Term Fund | +7.15% | ₹3,547.71 |
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Frequently Asked Questions
Which is the best ultra short term fund in 2026?
By 3-year CAGR, Nippon India Ultra Short Term Fund currently tops this list with +7.90%. Rankings are based on past NAV performance and refresh daily — they are not a recommendation.
How are these funds ranked?
Funds are ranked purely by their 3-year CAGR, computed from AMFI NAV history for the Direct-Growth plan. We rank over the longest period the available history supports and extend toward longer 1-, 3- and 5-year windows as more NAV data is collected. Past performance does not guarantee future results.
Are these Direct or Regular plans?
All returns shown are for the Direct-Growth plan, which carries no distributor commission and therefore has a lower expense ratio and typically higher long-term returns than the Regular plan.
Returns are computed from AMFI NAV history for the Direct-Growth plan and rank past performance only. This is not investment advice — mutual fund investments are subject to market risks; read all scheme-related documents carefully.