COMPARE
Aditya Birla Sun Life Ultra Short Term Fund - Growth - Direct Plan vs Edelweiss Ultra Short Term Fund Direct Growth Plan
Aditya Birla Sun Life Ultra Short Term Fund and Edelweiss Ultra Short Term Fund Direct Growth Plan are both in the Ultra Short Duration Fund category, from Aditya Birla Sun Life AMC Limited and Edelweiss Asset Management Limited respectively. Edelweiss Ultra Short Term Fund Direct Growth Plan has the lower expense ratio. See the full table and FAQ below for the complete real-data comparison.
Basics
Edelweiss Ultra Short Term Fund Direct Growth Plan has the lower direct-plan expense ratio, by 0.11 percentage points.
| Aditya Birla Sun Life Ultra Short Term Fund - Growth - Direct Plan | Edelweiss Ultra Short Term Fund Direct Growth Plan | |
|---|---|---|
| Category | Ultra Short Duration Fund | Ultra Short Duration Fund |
| AMC | Aditya Birla Sun Life AMC Limited | Edelweiss Asset Management Limited |
| Benchmark | No benchmark required for this fund category | CRISIL Ultra Short Duration Debt A-I Index |
| NAV | ₹607.2593 (2026-10-28) | ₹1009.3571 (2026-10-28) |
| AUM | ₹15,369.726 Cr | ₹968.007 Cr |
| Expense Ratio (Direct) | 0.32% | 0.21% |
| Inception | 2001-11-19 | 2026-08-17 |
Returns
This fund is less than a year old, so there is not yet enough history to calculate rolling returns.
Risk Metrics
Risk metrics aren't shown for debt funds. Their NAV starts near Rs 10 and compounds steadily, so CAGR, beta and drawdown measure the arithmetic rather than the manager.
Portfolio Analytics
Punji Fund Health Score
Aditya Birla Sun Life Ultra Short Term Fund and Edelweiss Ultra Short Term Fund Direct Growth Plan carry the same Punji Quality grade.
Frequently asked questions
Which has a lower expense ratio, Aditya Birla Sun Life Ultra Short Term Fund or Edelweiss Ultra Short Term Fund Direct Growth Plan?
Edelweiss Ultra Short Term Fund Direct Growth Plan's direct-plan expense ratio is 0.11 percentage points lower than Aditya Birla Sun Life Ultra Short Term Fund's. Over long holding periods, a persistent expense-ratio gap compounds into a materially different final corpus even if the two funds' gross returns are similar - it's one of the few fund attributes you can compare with total certainty upfront, unlike future returns, since the fee is contractually fixed rather than a historical estimate.
Why don't Aditya Birla Sun Life Ultra Short Term Fund and Edelweiss Ultra Short Term Fund Direct Growth Plan show risk metrics like Sharpe ratio or alpha?
Risk metrics aren't shown for debt funds. Their NAV starts near Rs 10 and compounds steadily, so CAGR, beta and drawdown measure the arithmetic rather than the manager. This is a deliberate methodology choice, not missing data - risk metrics like alpha and Sharpe ratio are most meaningful for actively-managed funds where a manager makes decisions that can add or subtract value versus a benchmark. For a fund that mechanically tracks an index, the equivalent useful metric is tracking error (how closely it follows its index), not alpha.
Which has higher AUM, Aditya Birla Sun Life Ultra Short Term Fund or Edelweiss Ultra Short Term Fund Direct Growth Plan?
Aditya Birla Sun Life Ultra Short Term Fund has ₹15,370 Cr in assets under management, versus ₹968 Cr for Edelweiss Ultra Short Term Fund Direct Growth Plan. A larger AUM generally means deeper liquidity and lower per-unit fixed costs for the AMC to spread across investors, but an AUM that's very large relative to a fund's category and strategy (especially in small/mid cap categories, where the investable universe is smaller) can also make it harder for a manager to enter and exit positions without moving the price - bigger isn't automatically better, especially for less liquid categories.
Which fund has a longer track record, Aditya Birla Sun Life Ultra Short Term Fund or Edelweiss Ultra Short Term Fund Direct Growth Plan?
Aditya Birla Sun Life Ultra Short Term Fund launched on 2001-11-19, making it older than Edelweiss Ultra Short Term Fund Direct Growth Plan (launched 2026-08-17). A longer track record means more real market cycles (bull runs, corrections, rate cycles) the fund has actually navigated, which is useful context for judging consistency - but it isn't a guarantee of future performance, and a newer fund isn't automatically worse, especially if it's run by an experienced manager or team with a track record at a prior fund.
Data as of 2026-10-29. Source: AMFI disclosures via Punji. Not investment advice.