SBI Ultra Short Duration Fund - Direct Plan - Growth

Regular

Regular and Direct options of the funds are exactly same except commission to your mutual fund broker/distributor. As an investor you do not need to pay any additional fees to purchase any of these options. However both have different expense ratios. Regular funds have higher expense ratio and direct funds have lower expense ratio. This difference is because of commission paid to broker/distributor. Lower expense ratio leads to higher returns for investors.
Direct

Regular and Direct options of the funds are exactly same except commission to your mutual fund broker/distributor. As an investor you do not need to pay any additional fees to purchase any of these options. However both have different expense ratios. Regular funds have higher expense ratio and direct funds have lower expense ratio. This difference is because of commission paid to broker/distributor. Lower expense ratio leads to higher returns for investors.

No of Debt Holding 94 (Category Avg - 64.88) | Modified Duration 0.44 Years (Category Avg - 0.44)| Yield to Maturity 6.35% (Category Avg - 6.37%)

Portfolio Summary (as on 30th Nov,2025)

Security Type	% Weight	Category Average
GOI	9.86%	2.90%
CD	36.67%	34.69%
T-Bills	4.02%	7.59%
CP	15.58%	10.41%
NCD & Bonds	28.86%	38.18%
PTC	3.01%	0.88%

Category - Ultra Short Duration Fund

Security Type	% Weight	Category Average
Government Backed	13.88%	10.49%
Low Risk	84.12%	84.15%
Moderate Risk	0.00%	0.00%
High Risk	0.00%	0.00%
Very High Risk	0.00%	0.00%
Others	0.00%	0.00%

Category - Ultra Short Duration Fund

Debt holding in Portfolio (as on 30th Nov,2025)

Instrument	Type	Sector	Rating	Rating Agency	Value (Mn)	% of Total Holding	Quantity
Bond - Govt of India	GOI	Other			6851.37	4.39%	6.85 Cr
Bond - National Bank for Agriculture & Rural Development	NCD & Bonds	Financial institution	AAA	CRISIL	5467.72	3.50%	54.50 k
Bond - HDFC Bank Ltd.	CD	Private sector bank	P1+	CRISIL	4910.23	3.14%	10.00 k
Bond - Bank Of Baroda	CD	Public sector bank	F1+	FITCH	4894.90	3.13%	10.00 k
Bond - Union Bank Of India	CD	Public sector bank	A1+	ICRA	4854.40	3.11%	10.00 k
Bond - J S W Energy Ltd.	CP	Power generation	A1+	ICRA	4419.66	2.83%	9.00 k
Bond - Rural Electrification Corporation Limited	NCD & Bonds	Financial institution	AAA	CRISIL	3998.96	2.56%	4.00 k
Bond - National Thermal Power Corporation Ltd.	NCD & Bonds	Power generation	AAA	CRISIL	3491.65	2.23%	34.80 k
Bond - Punjab National Bank	CD	Public sector bank	P1+	CRISIL	3194.79	2.04%	6.50 k
Bond - Bank Of Baroda	CD	Public sector bank	F1+	FITCH	2959.42	1.89%	6.00 k
Bond - Axis Bank Ltd.	CD	Private sector bank	P1+	CRISIL	2924.99	1.87%	6.00 k
Bond - Kotak Mahindra Bank Ltd.	CD	Private sector bank	P1+	CRISIL	2913.47	1.86%	6.00 k
Bond - Radhakrishna Securitisation Trust	PTC	Ptc	AAA	CRISIL	2581.33	1.65%	255.00
Bond - Citicorp Finance (India) Ltd.	NCD & Bonds	Non banking financial company (nbfc)	LAAA	ICRA	2501.37	1.60%	25.00 k
Bond - Bank Of Baroda	CD	Public sector bank	F1+	FITCH	2483.88	1.59%	5.00 k
Bond - Canara Bank	CD	Public sector bank	P1+	CRISIL	2465.03	1.58%	5.00 k
Bond - IDFC First Bank Ltd.	CD	Private sector bank	P1+	CRISIL	2464.37	1.58%	5.00 k
Bond - Small Industries Development Bank Of India	CD	Financial institution	P1+	CRISIL	2454.18	1.57%	5.00 k
Bond - National Thermal Power Corporation Ltd.	CP	Power generation	P1+	CRISIL	2460.76	1.57%	5.00 k
Bond - HDFC Bank Ltd.	CD	Private sector bank	P1+	CRISIL	2420.09	1.55%	5.00 k
Bond - T-Bill	T-Bills	Other			2377.99	1.52%	2.50 Cr
Bond - Bank Of Baroda	CD	Public sector bank	F1+	FITCH	2354.11	1.51%	5.00 k
Bond - JM Financial Services Pvt. Ltd.	CP	Non banking financial company (nbfc)	P1+	CRISIL	2357.00	1.51%	5.00 k
Bond - Muthoot Finance Pvt. Ltd.	NCD & Bonds	Non banking financial company (nbfc)	AA+	CRISIL	2268.14	1.45%	22.50 k
Bond - National Bank for Agriculture & Rural Development	NCD & Bonds	Financial institution	AAA	CRISIL	2252.99	1.44%	2.25 k
Bond - Bharti Telecom Ltd.	NCD & Bonds	Telecom - equipment & accessories	AAA	CRISIL	2200.38	1.41%	2.20 k
Bond - Oberoi Realty Ltd.	NCD & Bonds	Residential, commercial projects	CARE AA+	CARE	2025.10	1.30%	20.00 k
Bond - Axis Finance Ltd.	NCD & Bonds	Non banking financial company (nbfc)	AAA	CRISIL	1998.65	1.28%	2.00 k
Bond - J S W Energy Ltd.	CP	Power generation	A1+	ICRA	1978.68	1.27%	4.00 k
Bond - Punjab National Bank	CD	Public sector bank	P1+	CRISIL	1987.42	1.27%	4.00 k
Bond - Union Bank Of India	CD	Public sector bank	A1+	ICRA	1986.76	1.27%	4.00 k
Bond - Tata Capital Ltd.	CP	Non banking financial company (nbfc)	P1+	CRISIL	1964.80	1.26%	4.00 k
Bond - Govt of India	GOI	Other			1958.15	1.25%	1.95 Cr
Bond - Axis Bank Ltd.	CD	Private sector bank	P1+	CRISIL	1945.13	1.24%	4.00 k
Bond - Cholamandalam Investment & Finance Co. Ltd.	CP	Non banking financial company (nbfc)	P1+	CRISIL	1929.49	1.23%	4.00 k
Bond - Muthoot Fincorp Ltd.	CP	Non banking financial company (nbfc)	P1+	CRISIL	1867.72	1.20%	4.00 k
Bond - Torrent Power Ltd.	NCD & Bonds	Integrated power utilities	AA+	CRISIL	1655.55	1.06%	16.50 k
Bond - India Universal Trust	PTC	Ptc	AAA	CRISIL	1626.06	1.04%	400.00
Bond - Mankind Pharma Ltd.	NCD & Bonds	Pharmaceuticals	AA+	CRISIL	1555.52	1.00%	15.50 k
Bond - Eris Lifesciences Ltd.	NCD & Bonds	Pharmaceuticals	AA	FITCH	1516.49	0.97%	15.00 k
Bond - TML Commercial Vehicles Ltd.	NCD & Bonds	Commercial vehicles	AA+	CRISIL	1512.88	0.97%	1.50 k
Bond - Govt of India	GOI	Other			1514.03	0.97%	1.50 Cr
Bond - Power Finance Corporation Ltd.	NCD & Bonds	Financial institution	AAA	CRISIL	1492.78	0.96%	15.00 k
Bond - T-Bill	T-Bills	Other			1490.14	0.95%	1.50 Cr
Bond - Kotak Mahindra Bank Ltd.	CD	Private sector bank	P1+	CRISIL	1474.37	0.94%	3.00 k
Bond - JM Financial Services Pvt. Ltd.	CP	Non banking financial company (nbfc)	P1+	CRISIL	1475.28	0.94%	3.00 k
Bond - Cholamandalam Investment & Finance Co. Ltd.	CP	Non banking financial company (nbfc)	P1+	CRISIL	1451.56	0.93%	3.00 k
Bond - T-Bill	T-Bills	Other			1424.19	0.91%	1.50 Cr
Bond - Torrent Power Ltd.	NCD & Bonds	Integrated power utilities	AA+	CRISIL	1252.38	0.80%	12.50 k
Bond - Govt of India	GOI	Other			1153.21	0.74%	1.15 Cr
Bond - Mahindra Rural Housing Finance Ltd.	NCD & Bonds	Housing finance company	AAA	CRISIL	1050.46	0.67%	10.50 k
Bond - Tata Projects Ltd.	NCD & Bonds	Civil construction	AA	CRISIL	1011.66	0.65%	10.00 k
Bond - Shriram Finance Ltd.	NCD & Bonds	Non banking financial company (nbfc)	AA+	CRISIL	1009.81	0.65%	10.00 k
Bond - Mankind Pharma Ltd.	NCD & Bonds	Pharmaceuticals	AA+	CRISIL	1008.31	0.65%	10.00 k
Bond - Torrent Power Ltd.	NCD & Bonds	Integrated power utilities	AA+	CRISIL	1003.38	0.64%	1.00 k
Bond - Muthoot Finance Pvt. Ltd.	NCD & Bonds	Non banking financial company (nbfc)	LAA+	ICRA	1003.14	0.64%	10.00 k
Bond - Tata Projects Ltd.	CP	Civil construction	P1+	CRISIL	999.34	0.64%	2.00 k
Bond - T-Bill	T-Bills	Other			992.25	0.64%	1.00 Cr
Bond - Union Bank Of India	CD	Public sector bank	A1+	ICRA	990.27	0.63%	2.00 k
Bond - Au Small Finance Bank Ltd.	CD	Other bank	P1+	CRISIL	989.02	0.63%	2.00 k
Bond - Union Bank Of India	CD	Public sector bank	A1+	ICRA	984.86	0.63%	2.00 k
Bond - National Bank for Agriculture & Rural Development	CD	Financial institution	P1+	CRISIL	983.70	0.63%	2.00 k
Bond - Canara Bank	CD	Public sector bank	P1+	CRISIL	983.01	0.63%	2.00 k
Bond - Minda Corporation Ltd.	CP	Auto components & equipments	P1+	CRISIL	982.98	0.63%	2.00 k
Bond - Minda Corporation Ltd.	CP	Auto components & equipments	P1+	CRISIL	982.43	0.63%	2.00 k
Bond - Power Finance Corporation Ltd.	NCD & Bonds	Financial institution	AAA	CRISIL	954.48	0.61%	10.00 k
Bond - Govt of India	GOI	Other			911.39	0.58%	90.00 L
Bond - National Bank for Agriculture & Rural Development	CD	Financial institution	P1+	CRISIL	743.79	0.48%	1.50 k
Bond - National Bank for Agriculture & Rural Development	CD	Financial institution	P1+	CRISIL	738.13	0.47%	1.50 k
Bond - JM Financial Services Pvt. Ltd.	CP	Non banking financial company (nbfc)	P1+	CRISIL	719.50	0.46%	1.50 k
Bond - Govt of India	GOI	Other			677.00	0.43%	67.50 L
Bond - Govt of India	GOI	Other			553.24	0.35%	55.00 L
Bond - Muthoot Finance Pvt. Ltd.	NCD & Bonds	Non banking financial company (nbfc)	AA+	CRISIL	508.97	0.33%	5.00 k
Bond - Axis Finance Ltd.	NCD & Bonds	Non banking financial company (nbfc)	AAA	CRISIL	502.72	0.32%	5.00 k
Bond - Small Industries Development Bank Of India	NCD & Bonds	Financial institution	LAAA	ICRA	501.39	0.32%	500.00
Bond - Torrent Power Ltd.	NCD & Bonds	Integrated power utilities	AA+	CRISIL	500.38	0.32%	500.00
Bond - India Universal Trust	PTC	Ptc	INDAAA	FITCH	503.23	0.32%	166.00
Bond - Canara Bank	CD	Public sector bank	P1+	CRISIL	498.00	0.32%	1.00 k
Bond - Bank Of Baroda	CD	Public sector bank	F1+	FITCH	494.53	0.32%	1.00 k
Bond - Canara Bank	CD	Public sector bank	P1+	CRISIL	492.60	0.32%	1.00 k
Bond - Bank Of Baroda	CD	Public sector bank	F1+	FITCH	491.90	0.31%	1.00 k
Bond - Govt of India	GOI	Other			424.70	0.27%	45.00 L
Bond - Govt of India	GOI	Other			355.25	0.23%	35.00 L
Bond - Govt of India	GOI	Other			354.42	0.23%	35.00 L
Bond - Torrent Power Ltd.	NCD & Bonds	Integrated power utilities	AA+	CRISIL	314.24	0.20%	3.10 k
Bond - National Bank for Agriculture & Rural Development	NCD & Bonds	Financial institution	AAA	CRISIL	301.61	0.19%	3.00 k
Bond - Cholamandalam Investment & Finance Co. Ltd.	CP	Non banking financial company (nbfc)	P1+	CRISIL	246.50	0.16%	500.00
Bond - Astec Lifesciences Ltd.	CP	Pesticides & agrochemicals	A1+	ICRA	245.48	0.16%	500.00
Bond - Astec Lifesciences Ltd.	CP	Pesticides & agrochemicals	A1+	ICRA	242.33	0.16%	500.00
Bond - Govt of India	GOI	Other			255.63	0.16%	25.00 L
Bond - Govt of India	GOI	Other			251.66	0.16%	25.00 L
Bond - Axis Bank Ltd.	CD	Private sector bank	P1+	CRISIL	247.34	0.16%	500.00
Bond - JM Financial Services Pvt. Ltd.	NCD & Bonds	Non banking financial company (nbfc)	AA	CRISIL	224.41	0.14%	2.25 k
Bond - Govt of India	GOI	Other			150.13	0.10%	15.00 L

Name	Type of Instrument	Weight (%)
TREPS	TREPS	2.25%
Net Receivables	Net Receivables	0.30%
Net Receivables	Net Receivables	-0.55%

SBI Ultra Short Duration Fund - Direct Plan - Growth

Portfolio Summary (as on 30th Nov,2025)

Debt holding in Portfolio (as on 30th Nov,2025)

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