Fidelity

Fidelity Ultra Short Term Debt Fund - Super Institutional Plan - Growth Option

Returns matrix

Fund return alongside the category average and peer rank for every standard window. Returns under one year are absolute; one year and longer are compound annualised (CAGR).

Window	Fund	Category avg	+/− vs avg	Rank	Quartile
1D	+0.02%	+6.99%	-6.97	83 / 763	Q1
1W	+0.15%	+6.38%	-6.23	121 / 722	Q1
2W	+0.30%	+6.63%	-6.33	118 / 725	Q1
1M	+0.63%	+6.29%	-5.66	136 / 752	Q1
3M	+1.61%	+7.87%	-6.26	223 / 728	Q2
6M	+1.61%	+9.67%	-8.06	366 / 642	Q3
YTD	+1.61%	+8.47%	-6.86	276 / 666	Q2
1Y	+1.61%	+13.70%	-12.09	351 / 591	Q3
2Y	-9.32%	-5.03%	-4.29	172 / 197	Q4
3Y	-4.68%	-3.09%	-1.59	125 / 140	Q4
4Y	-2.05%	+1.62%	-3.66	108 / 119	Q4
5Y	+0.04%	-0.16%	+0.19	62 / 102	Q3
7Y	—	—	—	—	—
10Y	—	—	—	—	—
Inception	+0.30%	-3.28%	+3.58	384 / 797	Q2

Quartile legend: Q1 top 25% Q2 25-50% Q3 50-75% Q4 bottom 25%

Calendar-year returns

Full-year performance vs category average. Current year is partial (year-to-date).

Year	Fund	Category avg	+/− vs avg	Rank
2012 YTD	+1.61%	-0.30%	+1.91	38 / 113
2011	-19.71%	+1.75%	-21.46	108 / 109
2010	+5.68%	-0.95%	+6.63	8 / 165
2009	+5.77%	-0.31%	+6.08	115 / 482
2008	+8.95%	-5.54%	+14.50	34 / 250
2007	—	—	—	—

Rolling returns

Removes start-date bias by averaging CAGR over every overlapping N-year window in the fund's history. Higher average plus tight min/max plus high "% positive" = consistent.

1-Year rolling

-0.56%

51 windows

min -24.5% · max 9.0%

75% positive

Limited basis — fund is young, so this average may be skewed by which 1Y windows happen to be available.

3-Year rolling

+0.77%

27 windows

min -4.9% · max 6.9%

44% positive

Limited basis — fund is young, so this average may be skewed by which 3Y windows happen to be available.

5-Year rolling

+0.04%

3 windows

min 0.0% · max 0.0%

100% positive

Limited basis — fund is young, so this average may be skewed by which 5Y windows happen to be available.

7-Year rolling

—

Insufficient history

SIP returns — historical "what if"

If you had invested every month in this fund over the chosen period, this is what your investment would be worth today.

Period

Total invested

₹ —

Today's value

₹ —

XIRR

Annualised

Wealth multiplier

Period	Total invested	Today's value	XIRR	Wealth multiplier

XIRR is the annualised internal rate of return on the SIP cash flow — invariant to the monthly amount. "Today's value" and "Total invested" scale linearly with the slider. Past performance does not guarantee future returns. Excludes exit load and taxes.

Risk profile

Risk-adjusted return and volatility, computed from monthly NAV returns over the trailing 3-year and 5-year windows.

Std deviation

14.30%

3-year · annualised

Sharpe ratio

-0.70

vs risk-free 6.5%

Sortino ratio

-0.71

Downside-only deviation

Max drawdown

-24.78%

Sep 2011 → Sep 2011

% positive months

69.4%

Share of monthly returns > 0 over the 3-year window

Sharpe / Sortino use a risk-free rate of 6.5% (1-year T-bill proxy). Higher Sharpe = more return per unit of total risk; higher Sortino = more return per unit of downside risk.

Recent NAVs

Date	NAV
22 Nov 2012	₹10.1606
21 Nov 2012	₹10.1585
20 Nov 2012	₹10.1565
19 Nov 2012	₹10.1540
16 Nov 2012	₹10.1473
15 Nov 2012	₹10.1455
12 Nov 2012	₹10.1388
9 Nov 2012	₹10.1325
8 Nov 2012	₹10.1301
7 Nov 2012	₹10.1279

Frequently asked questions

These answers are generated from this fund's live metrics — NAV, returns, peer rank, drawdown, SIP backtest. Numbers refresh nightly after AMFI's NAV feed lands.

Fidelity Ultra Short Term Debt Fund - Super Institutional Plan - Growth Option is a Income from Fidelity (Institutional plan, IDCW (dividend) option). Latest NAV isn't currently available in our feed — the AMC publishes it once per business day after market close.

Fidelity Ultra Short Term Debt Fund - Super Institutional Plan - Growth Option has NAV history starting from 21 Sep 2007, a track record of about 18 years 9 months. Long-tenured funds like this have weathered multiple market cycles — the 2008 crash, 2013 taper tantrum, 2020 COVID drawdown — which makes their returns more credible than a 3-year track record alone.

Fidelity Ultra Short Term Debt Fund - Super Institutional Plan - Growth Option is managed by Fidelity. It's classified by AMFI under the 'Income' SEBI category, which determines its peer set and tax treatment.

Over the trailing 1-year window, Fidelity Ultra Short Term Debt Fund - Super Institutional Plan - Growth Option has delivered a absolute return of 1.61% — -12.09 pp behind the Income category average of 13.70%. The fund ranks #351 of 591 in its category — the third (Q3) quartile.

Over the trailing 3-year window, Fidelity Ultra Short Term Debt Fund - Super Institutional Plan - Growth Option has delivered a CAGR of -4.68% — -1.59 pp behind the Income category average of -3.09%. The fund ranks #125 of 140 in its category — the bottom (Q4) quartile.

Over the trailing 5-year window, Fidelity Ultra Short Term Debt Fund - Super Institutional Plan - Growth Option has delivered a CAGR of 0.04% — +0.19 pp ahead of the Income category average of -0.16%. The fund ranks #62 of 102 in its category — the third (Q3) quartile.

₹1 lakh invested in Fidelity Ultra Short Term Debt Fund - Super Institutional Plan - Growth Option exactly 5 years ago would be worth approximately ₹100,194 today — a multiplier of 1.00×, based on the 5-year CAGR of 0.04%. The category average over the same window would have grown ₹1 lakh to ₹99,222.

A ₹10,000 monthly SIP in Fidelity Ultra Short Term Debt Fund - Super Institutional Plan - Growth Option over the last 5 years — total invested ₹600,000 — would be worth ₹544,017 today. That's an XIRR (money-weighted annualised return) of -3.83%.

Fidelity Ultra Short Term Debt Fund - Super Institutional Plan - Growth Option doesn't yet have 10 years of NAVs. Over the longest available window (5-year SIP), ₹10,000/month would have grown to ₹544,017 — XIRR -3.83%.

On a 5-year basis, Fidelity Ultra Short Term Debt Fund - Super Institutional Plan - Growth Option ranks #62 out of 102 funds in the Income category — that places it in the third quartile (Q3) — below the median. The category average return over the same window is -0.16%; this fund delivered 0.04%.

The worst peak-to-trough decline Fidelity Ultra Short Term Debt Fund - Super Institutional Plan - Growth Option has experienced over the last 5-year window is 24.78% — its NAV fell from a high on 28 Sep 2011 to a low on 29 Sep 2011. Drawdown is a useful gauge of how much short-term pain you'd have endured to capture the long-term return.

Across all 5-year rolling windows, Fidelity Ultra Short Term Debt Fund - Super Institutional Plan - Growth Option averaged 0.04% (best 0.04%, worst 0.03%). 100% of rolling windows ended positive. The 5-year Sharpe ratio is -0.51 — negative risk-adjusted performance.

In calendar year 2011, Fidelity Ultra Short Term Debt Fund - Super Institutional Plan - Growth Option returned -19.71% — lagging the Income category average of 1.75% by 21.46 pp. It ranked #108 of 109 in its category that year.

Fidelity Ultra Short Term Debt Fund - Super Institutional Plan - Growth Option is classified as a Debt fund. For units acquired on or after 1 April 2023, all gains are taxed at your income-tax slab rate regardless of holding period — there's no LTCG concession or indexation. For pre-April-2023 units, the old rules with indexation still apply on long-term gains.

We don't give personal investment advice. Fidelity Ultra Short Term Debt Fund - Super Institutional Plan - Growth Option is suitable for an investor whose:

time horizon matches the fund's modified duration — short-duration funds for 1-3 year goals, long-duration for 7+ years
primary goal is capital preservation or steady accrual, not high growth
tax slab is moderate — high-slab investors should evaluate post-tax yield against tax-free alternatives (PPF, tax-free bonds)

Cross-check the numbers above against alternatives before deciding. Worst 5-year drawdown: 24.8%. 5-year CAGR: 0.04%.

Educational content only — not investment advice. Tax rules summarised above reflect Budget 2024; consult a qualified adviser before transacting.