Pulses as short as 17.8 fs with a spectral bandwidth of 145 nm and central wavelength of 1118 nm have been generated from a Kerr-lens mode-locked Yb:CALGO oscillator. The oscillator operating at an average power of 26 mW and a repetition rate of 95.9 MHz is pumped by a cost-effective single-mode fiber coupled laser diode emitting 800 mW at 976 nm. The dispersion is compensated using a prism pair combined with broadband chirp mirrors. To the best of our knowledge, the pulse durations corresponding to approximately 4.8 optical cycle pulses are the shortest achieved durations through a Yb-doped bulk oscillator.