অতি স্বল্পমেয়াদী তহবিল V/s স্থায়ী আমানত

Updated on April 17, 2026 , 10688 views

আপনি কি বিভ্রান্তযেখানে বিনিয়োগ করতে হবে স্বল্পমেয়াদী জন্য টাকা? আল্ট্রার মধ্যে নির্বাচন করার সময় আপনি কি বিভ্রান্ত হনস্বল্পমেয়াদী তহবিল এবং ফিক্সড ডিপোজিট? চিন্তা করবেন না, আপনার প্রশ্নের উত্তর এখানে দেওয়া হবে। অতি স্বল্প মেয়াদী তহবিল হল aপারস্পরিক তহবিল যে বিভাগ স্থির বিনিয়োগ করেআয় সংক্ষিপ্ত পরিপক্কতা সময়কাল আছে যন্ত্র. ফিক্সড ডিপোজিট বাFD অন্যদিকে, একটি বিনিয়োগের উপায় যেখানে লোকেরা একটি নির্দিষ্ট সময়সীমার জন্য একটি নির্দিষ্ট পরিমাণ অর্থ জমা করে এবং সুদের সাথে পরিপক্কতার সাথে তা ফেরত পায়। সুতরাং, আসুন দেখি আল্ট্রা শর্ট টার্ম ফান্ড এবং ফিক্সড ডিপোজিটের মধ্যে কোনটি বিনিয়োগ করা ভালো।

আল্ট্রা শর্ট টার্ম ফান্ড কি?

আল্ট্রা শর্ট টার্ম ফান্ড হল এক প্রকারঋণ তহবিল. এই স্কিমটি তার কর্পাস বিনিয়োগ করেনির্দিষ্ট আয় যেসব উপকরণের পরিপক্কতার মেয়াদ সাধারণত এর মধ্যে থাকে91 দিন থেকে 1 বছর. এই স্কিমটি উপরে একটি খাঁজ হিসাবে বিবেচিত হয়তরল তহবিল এবং যারা সামান্য বেশি ঝুঁকি নিতে ইচ্ছুক তারা অধিক রিটার্ন অর্জনের জন্য আল্ট্রা শর্ট টার্ম ফান্ডে বিনিয়োগ করতে পারেন।

ফিক্সড ডিপোজিট কি?

ফিক্সড ডিপোজিট বা FD হল বিনিয়োগের একটি ঐতিহ্যবাহী উৎস যেখানে লোকেদের একটি নির্দিষ্ট মেয়াদের জন্য নির্দিষ্ট পরিমাণ অর্থ জমা রাখতে হয়। বিনিয়োগকৃত এই অর্থ সুদ অর্জন করে। এটি স্বল্পমেয়াদী পাশাপাশি দীর্ঘমেয়াদী মেয়াদের জন্য একটি ভাল বিনিয়োগের পথ বেছে নেওয়া যেতে পারে। FD-এর সুদের হার পূর্বনির্ধারিত এবং এর রিটার্ন বিনিয়োগকারীদের হাতে করযোগ্য।

আল্ট্রা শর্ট টার্ম ফান্ড বা ফিক্সড ডিপোজিট: কোনটি ভালো?

যেহেতু উভয় বিনিয়োগের পথেরই নিজস্ব বৈশিষ্ট্য এবং বৈশিষ্ট্য রয়েছে, তাই আসুন বিভিন্ন পরামিতির উপর ভিত্তি করে কোন বিনিয়োগের পথটি সেরা তা পরীক্ষা করা যাক।

ন্যূনতম বিনিয়োগ

ফিক্সড ডিপোজিটের ক্ষেত্রে ন্যূনতম বিনিয়োগের রেঞ্জ এর মধ্যে₹1,000- ₹10,000 উপর নির্ভর করেব্যাংক. তবে আল্ট্রা শর্ট টার্ম ফান্ডের ক্ষেত্রে ন্যূনতম বিনিয়োগ হয়₹500 এর মাধ্যমেচুমুক বিনিয়োগের মোড এবংএকমুঠো বিনিয়োগের মাধ্যমে ₹1,000.

সুদের হার

সুদের হারের ক্ষেত্রে, FD-এর একটি পূর্বনির্ধারিত সুদের হার থাকে যা নির্দিষ্ট সময়ের সাথে পরিবর্তিত হয় না। যাইহোক, আল্ট্রা শর্ট টার্ম ফান্ডের ক্ষেত্রে, স্কিমের কর্মক্ষমতার উপর নির্ভর করে আয় পরিবর্তনশীল। বর্তমানে, FY 2017-18 অনুযায়ী, FD রেটপরিসর বিনিয়োগ এক বছরের জন্য রাখা হলে আনুমানিক 6%-7% এর মধ্যে। যাইহোক, আল্ট্রা শর্ট টার্ম ফান্ডের ক্ষেত্রে, যদি এক বছরের জন্য বিনিয়োগ রাখা হয় তবে রিটার্ন প্রায় 7% এর বেশি হয়।

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মেয়াদ

এফডিগুলি স্বল্প এবং দীর্ঘমেয়াদী উভয় মেয়াদের জন্য বিনিয়োগ হিসাবে ব্যবহার করা যেতে পারে। কারণ এটি ঐতিহ্যবাহী বিনিয়োগের পথ হিসেবে বিবেচিত হয়। অপরদিকে,আল্ট্রা শর্ট টার্ম ফান্ড সাধারণত, একটি স্বল্পমেয়াদী বিনিয়োগ মেয়াদের জন্য ব্যবহৃত হয়। যাদের মধ্যে অতিরিক্ত তহবিল রয়েছেসঞ্চয় অ্যাকাউন্ট আরও উপার্জনের জন্য এই স্কিমে বিনিয়োগ করতে বেছে নিতে পারেন। বিনিয়োগের সময়কালে, লোকেরা স্থায়ী আমানত থেকে তাদের তহবিল উত্তোলন করতে পারে না। এমনকি যদি তাদের উত্তোলনের প্রয়োজন হয় তবে তাদের ব্যাঙ্কে নির্দিষ্ট নির্দিষ্ট চার্জ দিতে হবে। অন্যদিকে, মানুষবিনিয়োগ আল্ট্রা শর্ট টার্ম ফান্ডে তাদের টাকা ফিক্সড ডিপোজিটের তুলনায় সহজেই তাদের টাকা তুলতে পারে। অনেক স্কিমে, বিনিয়োগকারীদের সময় কোনো এক্সিট লোড দিতে হয় নামুক্তি.

ঝুকিপুন্ন ক্ষুধা

এফডিগুলিকে ঝুঁকিমুক্ত বিনিয়োগের উপায় হিসাবে বিবেচনা করা হয় যেখানে; আমানত নিরাপদ বলে মনে করা হয়। বিপরীতে, যারা আল্ট্রা শর্ট টার্ম ফান্ডে বিনিয়োগ করতে পছন্দ করে তারা উচ্চ রিটার্ন অর্জনের জন্য সামান্য উচ্চ স্তরের ঝুঁকি নিতে সক্ষম হয়।

তারল্য

দ্যতারল্য অতি স্বল্পমেয়াদী তহবিলের ক্ষেত্রে স্থায়ী আমানতের তুলনায় বেশি। একটি স্থায়ী আমানতের তুলনায় এই স্কিমগুলি থেকে অর্থ উত্তোলন করা তুলনামূলকভাবে সহজ।

ট্যাক্সেশন

অতি স্বল্প-মেয়াদী তহবিল এবং স্থায়ী আমানত উভয়ের জন্য কর বিধি ভিন্ন। স্থায়ী আমানতের উপর অর্জিত সুদের ক্ষেত্রে, টাকা যোগ করা হয়বিনিয়োগকারীএর আয় এবং ব্যক্তির নিয়মিত ট্যাক্স স্ল্যাব অনুযায়ী কর দেওয়া হয়। যাইহোক, অতি স্বল্পমেয়াদী তহবিলের ক্ষেত্রে অর্জিত আয় ঋণ তহবিল অনুযায়ী করযোগ্য। নিয়ম অনুযায়ী, অতি স্বল্পমেয়াদী তহবিলে বিনিয়োগ তিন বছরের বেশি হলে দীর্ঘমেয়াদীমূলধন লাভ প্রযোজ্য যখন মেয়াদ তিন বছরের কম হয়, তাহলে স্বল্পমেয়াদী মূলধন লাভ প্রযোজ্য। দীর্ঘমেয়াদী ক্ষেত্রেমূলধন অর্জন, এটি সূচীকরণ সুবিধার সাথে 20% হারে ট্যাক্স করা হয় এবং স্বল্পমেয়াদী মূলধন লাভের জন্য, এটি আয়ের সাথে যোগ করা হয় এবং ব্যক্তির স্ল্যাব হার অনুযায়ী কর দেওয়া হয়।

নীচে দেওয়া সারণীটি অতি স্বল্পমেয়াদী তহবিল এবং স্থায়ী আমানতের মধ্যে তুলনার সারসংক্ষেপ করে।

পরামিতি	অতি স্বল্পমেয়াদী তহবিল	ফিক্সড ডিপোজিট
রিটার্নস	স্কিমের কর্মক্ষমতা অনুযায়ী পরিবর্তিত হয়	পূর্বনির্ধারিত
ন্যূনতম বিনিয়োগ	SIP-এ ₹500 এবং Lumpsum-এ ₹1,000 দিয়ে শুরু	₹1,000-₹10,000 এর মধ্যে রেঞ্জ
মেয়াদ	সাধারণত স্বল্পমেয়াদী জন্য ব্যবহৃত	স্বল্প এবং দীর্ঘমেয়াদী উভয় মেয়াদ
ঝুঁকি	প্রান্তিকভাবে উচ্চ	কম
তারল্য	উচ্চ	কম
ট্যাক্সেশন	স্বল্পমেয়াদী: ব্যক্তির স্ল্যাব হার অনুযায়ী কর ধার্যদীর্ঘ মেয়াদী: 20% হারে ট্যাক্স করা হয়েছে এবং কর সুবিধা ছিল	ব্যক্তির স্ল্যাব হার অনুযায়ী কর ধার্য

10 সেরা পারফর্মিং আল্ট্রা শর্ট টার্ম ফান্ড

1. ICICI Prudential Ultra Short Term Fund

(Erstwhile ICICI Prudential Regular Income Fund)

The fund’s objective is to generate regular income through investments primarily in debt and money market instruments. As a secondary objective, the Scheme also seeks to generate long term capital appreciation from the portion of equity investments under the Scheme.

Research Highlights for ICICI Prudential Ultra Short Term Fund

Upper mid AUM (₹13,619 Cr).
Established history (14+ yrs).
Rating: 3★ (upper mid).
Risk profile: Moderate.
1Y return: 6.49% (top quartile).
1M return: 0.76% (lower mid).
Sharpe: 1.95 (top quartile).
Information ratio: 0.00 (top quartile).
Yield to maturity (debt): 7.73% (top quartile).
Modified duration: 0.46 yrs (upper mid).
Average maturity: 0.58 yrs (lower mid).
Exit load: 0-1 Months (0.5%),1 Months and above(NIL).
Top sector: Energy.
Higher exposure to Corporate (bond sector) vs peer median.
Conservative stance with elevated cash (~56%).
High-quality debt (AAA/AA ~100%).
Largest holding RADHAKRISHNA SECURITISATION TRUST (~3.0%).

Below is the key information for ICICI Prudential Ultra Short Term Fund

ICICI Prudential Ultra Short Term Fund Growth
Launch Date	3 May 11
NAV (20 Apr 26)	₹29.102 ↑ 0.01 (0.05 %)
Net Assets (Cr)	₹13,619 on 31 Mar 26
Category	Debt - Ultrashort Bond
AMC	ICICI Prudential Asset Management Company Limited
Rating	☆☆☆
Risk	Moderate
Expense Ratio	0.8
Sharpe Ratio	1.95
Information Ratio	0
Alpha Ratio	0
Min Investment	5,000
Min SIP Investment	1,000
Exit Load	0-1 Months (0.5%),1 Months and above(NIL)
Yield to Maturity	7.73%
Effective Maturity	6 Months 29 Days
Modified Duration	5 Months 16 Days

Growth of 10,000 investment over the years.

Date	Value
31 Mar 21	₹10,000
31 Mar 22	₹10,396
31 Mar 23	₹10,949
31 Mar 24	₹11,737
31 Mar 25	₹12,601
31 Mar 26	₹13,426

ICICI Prudential Ultra Short Term Fund SIP Returns

Total investment amount is ₹180,000
expected amount after 3 Years is ₹200,132.
Net Profit of ₹20,132 Invest Now

Returns for ICICI Prudential Ultra Short Term Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 20 Apr 26

Duration	Returns
1 Month	0.8%
3 Month	1.7%
6 Month	3%
1 Year	6.5%
3 Year	7.1%
5 Year	6.1%
10 Year
15 Year
Since launch	7.4%

Historical performance (Yearly) on absolute basis

Year	Returns
2024	7.1%
2023	7.5%
2022	6.9%
2021	4.5%
2020	4%
2019	6.5%
2018	8.4%
2017	7.5%
2016	6.9%
2015	9.8%

Fund Manager information for ICICI Prudential Ultra Short Term Fund

Name	Since	Tenure
Manish Banthia	15 Nov 16	9.38 Yr.
Ritesh Lunawat	15 Jun 17	8.8 Yr.

Data below for ICICI Prudential Ultra Short Term Fund as on 31 Mar 26

Asset Allocation

Asset Class	Value
Cash	56.35%
Debt	43.32%
Other	0.32%

Debt Sector Allocation

Sector	Value
Corporate	68.41%
Cash Equivalent	18.77%
Government	12.49%

Credit Quality

Rating	Value
AA	20.78%
AAA	79.22%

Top Securities Holdings / Portfolio

Name	Holding	Value	Quantity
RADHAKRISHNA SECURITISATION TRUST Unlisted bonds \| -	3%	₹453 Cr	450
Vedanta Limited Debentures \| -	2%	₹351 Cr	35,000
Goi Floating Rate Bond 2028 Sovereign Bonds \| -	2%	₹311 Cr	30,773,600
Muthoot Finance Ltd Debentures \| -	2%	₹297 Cr	29,500 ↓ -500
Piramal Finance Limited Debentures \| -	2%	₹246 Cr	24,500
AU Small Finance Bank Ltd. Debentures \| -	2%	₹236 Cr	5,000
National Bank For Agriculture And Rural Development Debentures \| -	1%	₹201 Cr	20,000
Motilal Oswal Home Finance Limited Debentures \| -	1%	₹200 Cr	20,000
Nuvama Wealth Finance Limited Debentures \| -	1%	₹200 Cr	20,000
Small Industries Development Bank Of India Debentures \| -	1%	₹200 Cr	20,000

2. DSP Money Manager Fund

"The primary investment objective of the Scheme is to seek to generate reasonable returns commensurate with low risk and a high degree of liquidity, from a portfolio constituted of money market securities and high quality debt securities. However, there can be no assurance that the investment objective of the Scheme will be realized."

Research Highlights for DSP Money Manager Fund

Lower mid AUM (₹3,560 Cr).
Established history (19+ yrs).
Rating: 2★ (lower mid).
Risk profile: Moderately Low.
1Y return: 6.02% (bottom quartile).
1M return: 0.86% (top quartile).
Sharpe: 0.31 (bottom quartile).
Information ratio: 0.00 (top quartile).
Yield to maturity (debt): 7.71% (top quartile).
Modified duration: 0.46 yrs (upper mid).
Average maturity: 0.69 yrs (bottom quartile).
Exit load: NIL.
Higher exposure to Corporate (bond sector) vs peer median.
Conservative stance with elevated cash (~59%).
High-quality debt (AAA/AA ~100%).
Largest holding National Bank For Agriculture And Rural Development (~6.5%).

Below is the key information for DSP Money Manager Fund

DSP Money Manager Fund Growth
Launch Date	31 Jul 06
NAV (20 Apr 26)	₹3,567.23 ↑ 1.44 (0.04 %)
Net Assets (Cr)	₹3,560 on 31 Mar 26
Category	Debt - Ultrashort Bond
AMC	DSP BlackRock Invmt Managers Pvt. Ltd.
Rating	☆☆
Risk	Moderately Low
Expense Ratio	1.02
Sharpe Ratio	0.31
Information Ratio	0
Alpha Ratio	0
Min Investment	1,000
Min SIP Investment	500
Exit Load	NIL
Yield to Maturity	7.71%
Effective Maturity	8 Months 8 Days
Modified Duration	5 Months 16 Days

Growth of 10,000 investment over the years.

Date	Value
31 Mar 21	₹10,000
31 Mar 22	₹10,306
31 Mar 23	₹10,803
31 Mar 24	₹11,544
31 Mar 25	₹12,369
31 Mar 26	₹13,094

DSP Money Manager Fund SIP Returns

Total investment amount is ₹180,000
expected amount after 3 Years is ₹197,169.
Net Profit of ₹17,169 Invest Now

Returns for DSP Money Manager Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 20 Apr 26

Duration	Returns
1 Month	0.9%
3 Month	1.7%
6 Month	2.9%
1 Year	6%
3 Year	6.7%
5 Year	5.6%
10 Year
15 Year
Since launch	6.7%

Historical performance (Yearly) on absolute basis

Year	Returns
2024	6.7%
2023	6.9%
2022	6.7%
2021	4.1%
2020	2.9%
2019	4.7%
2018	7.3%
2017	5%
2016	6%
2015	7.5%

Fund Manager information for DSP Money Manager Fund

Name	Since	Tenure
Karan Mundhra	31 May 21	4.84 Yr.
Shalini Vasanta	1 Jan 25	1.24 Yr.

Data below for DSP Money Manager Fund as on 31 Mar 26

Asset Allocation

Asset Class	Value
Cash	58.55%
Debt	41.01%
Other	0.44%

Debt Sector Allocation

Sector	Value
Corporate	71.22%
Cash Equivalent	16.06%
Government	12.28%

Credit Quality

Rating	Value
AA	23.6%
AAA	76.4%

Top Securities Holdings / Portfolio

Name	Holding	Value	Quantity
National Bank For Agriculture And Rural Development Debentures \| -	6%	₹231 Cr	22,000
Godrej Properties Limited Debentures \| -	4%	₹133 Cr	12,500
5.63% Govt Stock 2026 Sovereign Bonds \| -	2%	₹87 Cr	8,500,000 ↑ 5,000,000
Aditya Birla Renewables Limited Debentures \| -	2%	₹78 Cr	7,500
Rec Limited Debentures \| -	2%	₹78 Cr	7,500
Aadhar Housing Finance Limited Debentures \| -	2%	₹77 Cr	7,200
Nuvama Wealth Finance Limited Debentures \| -	1%	₹53 Cr	5,000
Cholamandalam Investment And Finance Company Limited Debentures \| -	1%	₹53 Cr	5,000
Rec Limited Debentures \| -	1%	₹52 Cr	5,000
Power Finance Corporation Limited Debentures \| -	1%	₹52 Cr	5,000

3. Invesco India Ultra Short Term Fund

(Erstwhile Invesco India Medium Term Bond Fund)

The objective is to generate regular income and capital appreciation by investing in a portfolio of medium term debt and money market instruments.

Research Highlights for Invesco India Ultra Short Term Fund

Lower mid AUM (₹963 Cr).
Established history (15+ yrs).
Rating: 3★ (upper mid).
Risk profile: Moderate.
1Y return: 6.23% (lower mid).
1M return: 0.83% (upper mid).
Sharpe: 1.04 (lower mid).
Information ratio: 0.00 (upper mid).
Yield to maturity (debt): 7.66% (upper mid).
Modified duration: 0.48 yrs (bottom quartile).
Average maturity: 0.50 yrs (upper mid).
Exit load: NIL.
Top bond sector: Corporate.
Conservative stance with elevated cash (~48%).
High-quality debt (AAA/AA ~100%).
Largest holding National Bank For Agriculture And Rural Development (~10.4%).

Below is the key information for Invesco India Ultra Short Term Fund

Invesco India Ultra Short Term Fund Growth
Launch Date	30 Dec 10
NAV (20 Apr 26)	₹2,828.84 ↑ 1.17 (0.04 %)
Net Assets (Cr)	₹963 on 31 Mar 26
Category	Debt - Ultrashort Bond
AMC	Invesco Asset Management (India) Private Ltd
Rating	☆☆☆
Risk	Moderate
Expense Ratio	0.74
Sharpe Ratio	1.04
Information Ratio	0
Alpha Ratio	0
Min Investment	5,000
Min SIP Investment	1,000
Exit Load	NIL
Yield to Maturity	7.66%
Effective Maturity	6 Months 1 Day
Modified Duration	5 Months 24 Days

Growth of 10,000 investment over the years.

Date	Value
31 Mar 21	₹10,000
31 Mar 22	₹10,320
31 Mar 23	₹10,819
31 Mar 24	₹11,592
31 Mar 25	₹12,436
31 Mar 26	₹13,198

Invesco India Ultra Short Term Fund SIP Returns

Total investment amount is ₹180,000
expected amount after 3 Years is ₹197,169.
Net Profit of ₹17,169 Invest Now

Returns for Invesco India Ultra Short Term Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 20 Apr 26

Duration	Returns
1 Month	0.8%
3 Month	1.7%
6 Month	3%
1 Year	6.2%
3 Year	6.9%
5 Year	5.8%
10 Year
15 Year
Since launch	7%

Historical performance (Yearly) on absolute basis

Year	Returns
2024	6.8%
2023	7.5%
2022	6.6%
2021	4.1%
2020	3%
2019	5.1%
2018	7.6%
2017	7.3%
2016	7.1%
2015	9.1%

Fund Manager information for Invesco India Ultra Short Term Fund

Name	Since	Tenure
Krishna Cheemalapati	4 Jan 20	6.24 Yr.
Vikas Garg	27 Jul 21	4.68 Yr.

Data below for Invesco India Ultra Short Term Fund as on 31 Mar 26

Asset Allocation

Asset Class	Value
Cash	47.94%
Debt	51.65%
Other	0.42%

Debt Sector Allocation

Sector	Value
Corporate	54.31%
Cash Equivalent	29.72%
Government	15.55%

Credit Quality

Rating	Value
AA	15.72%
AAA	84.28%

Top Securities Holdings / Portfolio

Name	Holding	Value	Quantity
National Bank For Agriculture And Rural Development Debentures \| -	10%	₹100 Cr	10,000,000
Rec Limited Debentures \| -	8%	₹75 Cr	7,500,000
Small Industries Development Bank Of India Debentures \| -	7%	₹65 Cr	6,500,000
Export Import Bank Of India Debentures \| -	5%	₹50 Cr	5,000,000
Sundaram Home Finance Limited Debentures \| -	4%	₹35 Cr	3,500,000
Power Finance Corporation Limited Debentures \| -	4%	₹35 Cr	3,500,000
Manappuram Finance Limited Debentures \| -	3%	₹28 Cr	2,800,000
Piramal Finance Limited Debentures \| -	3%	₹25 Cr	2,500,000
Aadhar Housing Finance Limited Debentures \| -	3%	₹25 Cr	2,500,000
TATA Projects Limited Debentures \| -	3%	₹25 Cr	2,500,000

4. Kotak Savings Fund

(Erstwhile Kotak Treasury Advantage Fund)

The investment objective of the Scheme is to generate returns through investments in debt and money market instruments with a view to reduce the interest rate risk. However, there is no assurance or guarantee that the investment objective of the scheme will be achieved.

Research Highlights for Kotak Savings Fund

Top quartile AUM (₹14,989 Cr).
Established history (21+ yrs).
Rating: 3★ (upper mid).
Risk profile: Moderately Low.
1Y return: 6.21% (lower mid).
1M return: 0.66% (bottom quartile).
Sharpe: 1.57 (upper mid).
Information ratio: 0.00 (upper mid).
Yield to maturity (debt): 7.53% (upper mid).
Modified duration: 0.48 yrs (lower mid).
Average maturity: 0.55 yrs (upper mid).
Exit load: NIL.
Higher exposure to Financial Services vs peer median.
Top bond sector: Corporate.
Conservative stance with elevated cash (~53%).
High-quality debt (AAA/AA ~100%).
Largest holding National Bank For Agriculture And Rural Development (~3.8%).

Below is the key information for Kotak Savings Fund

Kotak Savings Fund Growth
Launch Date	13 Aug 04
NAV (20 Apr 26)	₹44.9528 ↑ 0.02 (0.03 %)
Net Assets (Cr)	₹14,989 on 31 Mar 26
Category	Debt - Ultrashort Bond
AMC	Kotak Mahindra Asset Management Co Ltd
Rating	☆☆☆
Risk	Moderately Low
Expense Ratio	0.81
Sharpe Ratio	1.57
Information Ratio	0
Alpha Ratio	0
Min Investment	5,000
Min SIP Investment	1,000
Exit Load	NIL
Yield to Maturity	7.53%
Effective Maturity	6 Months 18 Days
Modified Duration	5 Months 23 Days

Growth of 10,000 investment over the years.

Date	Value
31 Mar 21	₹10,000
31 Mar 22	₹10,344
31 Mar 23	₹10,881
31 Mar 24	₹11,642
31 Mar 25	₹12,480
31 Mar 26	₹13,272

Kotak Savings Fund SIP Returns

Total investment amount is ₹180,000
expected amount after 3 Years is ₹197,169.
Net Profit of ₹17,169 Invest Now

Returns for Kotak Savings Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 20 Apr 26

Duration	Returns
1 Month	0.7%
3 Month	1.6%
6 Month	2.9%
1 Year	6.2%
3 Year	6.8%
5 Year	5.9%
10 Year
15 Year
Since launch	7.2%

Historical performance (Yearly) on absolute basis

Year	Returns
2024	6.8%
2023	7.2%
2022	6.8%
2021	4.5%
2020	3.2%
2019	5.8%
2018	7.8%
2017	7.4%
2016	6.7%
2015	8.2%

Fund Manager information for Kotak Savings Fund

Name	Since	Tenure
Deepak Agrawal	15 Apr 08	17.97 Yr.
Manu Sharma	1 Nov 22	3.42 Yr.

Data below for Kotak Savings Fund as on 31 Mar 26

Asset Allocation

Asset Class	Value
Cash	53.34%
Debt	46.35%
Other	0.31%

Debt Sector Allocation

Sector	Value
Corporate	59.87%
Government	20.43%
Cash Equivalent	19.39%

Credit Quality

Rating	Value
AA	13.57%
AAA	86.43%

Top Securities Holdings / Portfolio

Name	Holding	Value	Quantity
National Bank For Agriculture And Rural Development Debentures \| -	4%	₹576 Cr	57,500
Tamil Nadu (Government of) 0.0654% - \| -	3%	₹446 Cr	45,000,000
Mankind Pharma Limited Debentures \| -	2%	₹301 Cr	30,000
6.9% Maharashtra Sgs 2030 Sovereign Bonds \| -	2%	₹297 Cr	30,000,000
Indusind Bank Ltd. Debentures \| -	2%	₹285 Cr	30,000
06/08/2026 Maturing 182 DTB Sovereign Bonds \| -	2%	₹245 Cr	25,000,000
6.22% Govt Stock 2028 Sovereign Bonds \| -	2%	₹227 Cr	22,500,000
RADHAKRISHNA SECURITISATION TRUST Unlisted bonds \| -	1%	₹206 Cr	210
Vedanta Limited Debentures \| -	1%	₹200 Cr	20,000
National Bank For Agriculture And Rural Development Debentures \| -	1%	₹200 Cr	20,000

5. SBI Magnum Ultra Short Duration Fund

(Erstwhile SBI Magnum InstaCash Fund)

To provide the investors an opportunity to earn returns through investment in debt & money market securities, while having the benefit of a very high degree of liquidity.

Research Highlights for SBI Magnum Ultra Short Duration Fund

Upper mid AUM (₹11,847 Cr).
Oldest track record among peers (26 yrs).
Rating: 3★ (lower mid).
Risk profile: Low.
1Y return: 6.41% (upper mid).
1M return: 0.78% (lower mid).
Sharpe: 1.89 (upper mid).
Information ratio: 0.00 (upper mid).
Yield to maturity (debt): 7.51% (upper mid).
Modified duration: 0.46 yrs (lower mid).
Average maturity: 0.84 yrs (bottom quartile).
Exit load: NIL.
Higher exposure to Financial Services vs peer median.
Higher exposure to Cash Equivalent (bond sector) vs peer median.
Conservative stance with elevated cash (~126%).
High-quality debt (AAA/AA ~100%).
Largest holding Standard Chartered Bank (~12.7%).

Below is the key information for SBI Magnum Ultra Short Duration Fund

SBI Magnum Ultra Short Duration Fund Growth
Launch Date	21 May 99
NAV (20 Apr 26)	₹6,275.18 ↑ 2.45 (0.04 %)
Net Assets (Cr)	₹11,847 on 31 Mar 26
Category	Debt - Ultrashort Bond
AMC	SBI Funds Management Private Limited
Rating	☆☆☆
Risk	Low
Expense Ratio	0.54
Sharpe Ratio	1.89
Information Ratio	0
Alpha Ratio	0
Min Investment	5,000
Min SIP Investment	500
Exit Load	NIL
Yield to Maturity	7.51%
Effective Maturity	10 Months 2 Days
Modified Duration	5 Months 16 Days

Growth of 10,000 investment over the years.

Date	Value
31 Mar 21	₹10,000
31 Mar 22	₹10,359
31 Mar 23	₹10,891
31 Mar 24	₹11,674
31 Mar 25	₹12,539
31 Mar 26	₹13,344

SBI Magnum Ultra Short Duration Fund SIP Returns

Total investment amount is ₹180,000
expected amount after 3 Years is ₹200,132.
Net Profit of ₹20,132 Invest Now

Returns for SBI Magnum Ultra Short Duration Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 20 Apr 26

Duration	Returns
1 Month	0.8%
3 Month	1.7%
6 Month	3%
1 Year	6.4%
3 Year	7%
5 Year	6%
10 Year
15 Year
Since launch	7.1%

Historical performance (Yearly) on absolute basis

Year	Returns
2024	7%
2023	7.4%
2022	7%
2021	4.5%
2020	3.4%
2019	5.9%
2018	8%
2017	7.9%
2016	6.6%
2015	7.7%

Fund Manager information for SBI Magnum Ultra Short Duration Fund

Name	Since	Tenure
Sudhir Agrawal	15 May 25	0.88 Yr.

Data below for SBI Magnum Ultra Short Duration Fund as on 31 Mar 26

Asset Allocation

Asset Class	Value
Cash	125.56%
Other	0.41%

Debt Sector Allocation

Sector	Value
Cash Equivalent	85.03%
Corporate	39.18%

Credit Quality

Rating	Value
AA	20.84%
AAA	79.16%

Top Securities Holdings / Portfolio

Name	Holding	Value	Quantity
Standard Chartered Bank - \| -	13%	-₹1,500 Cr
Standard Chartered Bank - \| -	8%	-₹1,000 Cr
TATA Communications Limited Debentures \| -	5%	₹549 Cr	55,000 ↑ 55,000
Small Industries Development Bank of India Debentures \| -	4%	₹514 Cr	11,000 ↑ 11,000
BNP Paribas SA - \| -	4%	-₹500 Cr
HSBC Bank PLC Debentures \| -	4%	-₹500 Cr
Canara Bank Domestic Bonds \| -	4%	₹484 Cr	10,000 ↑ 10,000
National Bank for Agriculture and Rural Development Domestic Bonds \| -	4%	₹467 Cr	10,000 ↑ 10,000
5.63% Govt Stock 2026 Sovereign Bonds \| -	4%	₹420 Cr	42,000,000 ↓ -46,000,000
Adani Power Limited Debentures \| -	3%	₹298 Cr	30,000

6. Aditya Birla Sun Life Savings Fund

The primary objective of the schemes is to generate regular income through investments in debt and money market instruments. Income maybe generated through the receipt of coupon payments or the purchase and sale of securities in the underlying portfolio. The schemes will under normal market conditions, invest its net assets in fixed income securities, money market instruments, cash and cash equivalents.

Research Highlights for Aditya Birla Sun Life Savings Fund

Highest AUM (₹19,348 Cr).
Established history (23+ yrs).
Top rated.
Risk profile: Moderately Low.
1Y return: 6.65% (top quartile).
1M return: 0.71% (bottom quartile).
Sharpe: 1.95 (top quartile).
Information ratio: 0.00 (lower mid).
Yield to maturity (debt): 7.45% (lower mid).
Modified duration: 0.49 yrs (bottom quartile).
Average maturity: 0.59 yrs (lower mid).
Exit load: NIL.
Top sector: Financial Services.
Higher exposure to Corporate (bond sector) vs peer median.
Debt-heavy allocation (~73%).
High-quality debt (AAA/AA ~100%).
Largest holding National Bank for Agriculture and Rural Development (~3.9%).

Below is the key information for Aditya Birla Sun Life Savings Fund

Aditya Birla Sun Life Savings Fund Growth
Launch Date	16 Apr 03
NAV (20 Apr 26)	₹576.452 ↑ 0.22 (0.04 %)
Net Assets (Cr)	₹19,348 on 31 Mar 26
Category	Debt - Ultrashort Bond
AMC	Birla Sun Life Asset Management Co Ltd
Rating	☆☆☆☆☆
Risk	Moderately Low
Expense Ratio	0.55
Sharpe Ratio	1.95
Information Ratio	0
Alpha Ratio	0
Min Investment	1,000
Min SIP Investment	1,000
Exit Load	NIL
Yield to Maturity	7.45%
Effective Maturity	7 Months 2 Days
Modified Duration	5 Months 26 Days

Growth of 10,000 investment over the years.

Date	Value
31 Mar 21	₹10,000
31 Mar 22	₹10,417
31 Mar 23	₹10,981
31 Mar 24	₹11,796
31 Mar 25	₹12,712
31 Mar 26	₹13,570

Aditya Birla Sun Life Savings Fund SIP Returns

Total investment amount is ₹180,000
expected amount after 3 Years is ₹200,132.
Net Profit of ₹20,132 Invest Now

Returns for Aditya Birla Sun Life Savings Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 20 Apr 26

Duration	Returns
1 Month	0.7%
3 Month	1.7%
6 Month	3%
1 Year	6.6%
3 Year	7.3%
5 Year	6.4%
10 Year
15 Year
Since launch	7.4%

Historical performance (Yearly) on absolute basis

Year	Returns
2024	7.4%
2023	7.9%
2022	7.2%
2021	4.8%
2020	3.9%
2019	7%
2018	8.5%
2017	7.6%
2016	7.2%
2015	9.2%

Fund Manager information for Aditya Birla Sun Life Savings Fund

Name	Since	Tenure
Sunaina Cunha	20 Jun 14	11.79 Yr.
Kaustubh Gupta	15 Jul 11	14.72 Yr.
Monika Gandhi	22 Mar 21	5.03 Yr.

Data below for Aditya Birla Sun Life Savings Fund as on 31 Mar 26

Asset Allocation

Asset Class	Value
Cash	26.78%
Debt	72.88%
Other	0.34%

Debt Sector Allocation

Sector	Value
Corporate	68%
Government	16.89%
Cash Equivalent	14.77%

Credit Quality

Rating	Value
AA	30.53%
AAA	69.47%

Top Securities Holdings / Portfolio

Name	Holding	Value	Quantity
National Bank for Agriculture and Rural Development Domestic Bonds \| -	4%	₹748 Cr	16,000 ↑ 16,000
Indusind Bank Ltd. Debentures \| -	4%	₹712 Cr	15,000
Punjab National Bank Domestic Bonds \| -	3%	₹654 Cr	14,000 ↑ 14,000
Shriram Finance Limited Debentures \| -	3%	₹607 Cr	60,000
National Bank For Agriculture And Rural Development Debentures \| -	3%	₹489 Cr	49,000 ↓ -5,000
Bharti Telecom Limited Debentures \| -	2%	₹396 Cr	40,000
Muthoot Finance Limited Debentures \| -	2%	₹350 Cr	35,000
Mankind Pharma Limited Debentures \| -	2%	₹321 Cr	32,000
Avanse Financial Services Limited Debentures \| -	2%	₹300 Cr	30,000
Power Finance Corporation Limited Debentures \| -	2%	₹295 Cr	30,000

7. Canara Robeco Ultra Short Term Fund

(Erstwhile Canara Robeco Treasury Advantage Fund)

To generate income/capital appreciation through a low risk strategy by investment in Money Market Instruments (MMI). However, there can be no assurance that the investment objective of the scheme will be realized.

Research Highlights for Canara Robeco Ultra Short Term Fund

Bottom quartile AUM (₹486 Cr).
Established history (17+ yrs).
Rating: 2★ (bottom quartile).
Risk profile: Low.
1Y return: 5.95% (bottom quartile).
1M return: 0.80% (upper mid).
Sharpe: 0.21 (bottom quartile).
Information ratio: 0.00 (lower mid).
Yield to maturity (debt): 7.43% (lower mid).
Modified duration: 0.40 yrs (top quartile).
Average maturity: 0.50 yrs (top quartile).
Exit load: NIL.
Top bond sector: Corporate.
Conservative stance with elevated cash (~55%).
High-quality debt (AAA/AA ~100%).
Largest holding National Bank For Agriculture And Rural Development (~9.2%).

Below is the key information for Canara Robeco Ultra Short Term Fund

Canara Robeco Ultra Short Term Fund Growth
Launch Date	14 Jul 08
NAV (20 Apr 26)	₹3,976.19 ↑ 1.64 (0.04 %)
Net Assets (Cr)	₹486 on 31 Mar 26
Category	Debt - Ultrashort Bond
AMC	Canara Robeco Asset Management Co. Ltd.
Rating	☆☆
Risk	Low
Expense Ratio	0.94
Sharpe Ratio	0.21
Information Ratio	0
Alpha Ratio	0
Min Investment	5,000
Min SIP Investment	1,000
Exit Load	NIL
Yield to Maturity	7.43%
Effective Maturity	5 Months 29 Days
Modified Duration	4 Months 24 Days

Growth of 10,000 investment over the years.

Date	Value
31 Mar 21	₹10,000
31 Mar 22	₹10,280
31 Mar 23	₹10,764
31 Mar 24	₹11,467
31 Mar 25	₹12,256
31 Mar 26	₹12,970

Canara Robeco Ultra Short Term Fund SIP Returns

Total investment amount is ₹180,000
expected amount after 3 Years is ₹197,169.
Net Profit of ₹17,169 Invest Now

Returns for Canara Robeco Ultra Short Term Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 20 Apr 26

Duration	Returns
1 Month	0.8%
3 Month	1.7%
6 Month	2.9%
1 Year	5.9%
3 Year	6.5%
5 Year	5.4%
10 Year
15 Year
Since launch	6.8%

Historical performance (Yearly) on absolute basis

Year	Returns
2024	6.5%
2023	6.8%
2022	6.4%
2021	3.9%
2020	2.6%
2019	4.5%
2018	6.6%
2017	6.1%
2016	5.7%
2015	7.3%

Fund Manager information for Canara Robeco Ultra Short Term Fund

Name	Since	Tenure
Avnish Jain	1 Apr 22	4 Yr.
Kunal Jain	16 Sep 24	1.54 Yr.

Data below for Canara Robeco Ultra Short Term Fund as on 31 Mar 26

Asset Allocation

Asset Class	Value
Cash	55.43%
Debt	44.2%
Other	0.37%

Debt Sector Allocation

Sector	Value
Corporate	56.36%
Cash Equivalent	22.8%
Government	20.47%

Credit Quality

Rating	Value
AAA	100%

Top Securities Holdings / Portfolio

Name	Holding	Value	Quantity
National Bank For Agriculture And Rural Development Debentures \| -	9%	₹45 Cr	4,500
Kotak Mahindra Prime Limited Debentures \| -	5%	₹25 Cr	2,500
Rec Limited Debentures \| -	5%	₹25 Cr	2,500 ↓ -2,500
Power Finance Corporation Limited Debentures \| -	5%	₹25 Cr	250
Small Industries Development Bank Of India Debentures \| -	5%	₹25 Cr	2,500
LIC Housing Finance Ltd Debentures \| -	5%	₹25 Cr	250
Power Finance Corporation Limited Debentures \| -	4%	₹20 Cr	2,000
Small Industries Development Bank Of India Debentures \| -	4%	₹20 Cr	2,000
6.75% Govt Stock 2033 Sovereign Bonds \| -	1%	₹5 Cr	500,000 ↓ -4,500,000
Corporate Debt Market Development Fund Class A2 - \| -	0%	₹2 Cr	1,529

8. Nippon India Ultra Short Duration Fund

(Erstwhile Reliance Liquid Fund - Cash Plan)

The investment objective of the Scheme is to generate optimal returns consistent with moderate levels of risk and high liquidity. Accordingly, investments shall predominantly be made in Debt and Money Market Instruments.

Research Highlights for Nippon India Ultra Short Duration Fund

Upper mid AUM (₹9,512 Cr).
Established history (24+ yrs).
Rating: 2★ (bottom quartile).
Risk profile: Low.
1Y return: 6.31% (upper mid).
1M return: 0.78% (upper mid).
Sharpe: 1.41 (upper mid).
Information ratio: 0.00 (bottom quartile).
Yield to maturity (debt): 7.27% (bottom quartile).
Modified duration: 0.45 yrs (upper mid).
Average maturity: 0.66 yrs (bottom quartile).
Exit load: NIL.
Top sector: Financial Services.
Higher exposure to Corporate (bond sector) vs peer median.
Conservative stance with elevated cash (~51%).
High-quality debt (AAA/AA ~100%).
Largest holding 16/04/2026 Maturing 182 DTB (~2.6%).

Below is the key information for Nippon India Ultra Short Duration Fund

Nippon India Ultra Short Duration Fund Growth
Launch Date	7 Dec 01
NAV (20 Apr 26)	₹4,228.09 ↑ 1.59 (0.04 %)
Net Assets (Cr)	₹9,512 on 31 Mar 26
Category	Debt - Ultrashort Bond
AMC	Nippon Life Asset Management Ltd.
Rating	☆☆
Risk	Low
Expense Ratio	1.12
Sharpe Ratio	1.41
Information Ratio	0
Alpha Ratio	0
Min Investment	100
Min SIP Investment	100
Exit Load	NIL
Yield to Maturity	7.27%
Effective Maturity	7 Months 28 Days
Modified Duration	5 Months 13 Days

Growth of 10,000 investment over the years.

Date	Value
31 Mar 21	₹10,000
31 Mar 22	₹10,771
31 Mar 23	₹11,330
31 Mar 24	₹12,115
31 Mar 25	₹12,989
31 Mar 26	₹13,802

Nippon India Ultra Short Duration Fund SIP Returns

Total investment amount is ₹180,000
expected amount after 3 Years is ₹200,132.
Net Profit of ₹20,132 Invest Now

Returns for Nippon India Ultra Short Duration Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 20 Apr 26

Duration	Returns
1 Month	0.8%
3 Month	1.7%
6 Month	3%
1 Year	6.3%
3 Year	6.8%
5 Year	6.7%
10 Year
15 Year
Since launch	6.1%

Historical performance (Yearly) on absolute basis

Year	Returns
2024	6.8%
2023	7.2%
2022	6.7%
2021	4.6%
2020	7.8%
2019	4.9%
2018	0.9%
2017	7.3%
2016	5.8%
2015	6.8%

Fund Manager information for Nippon India Ultra Short Duration Fund

Name	Since	Tenure
Vivek Sharma	1 Oct 13	12.51 Yr.
Kinjal Desai	25 May 18	7.86 Yr.
Akshay Sharma	1 Dec 22	3.33 Yr.
Amber Singhania	11 Mar 26	0.06 Yr.

Data below for Nippon India Ultra Short Duration Fund as on 31 Mar 26

Asset Allocation

Asset Class	Value
Cash	50.7%
Debt	48.98%
Other	0.32%

Debt Sector Allocation

Sector	Value
Corporate	71.28%
Cash Equivalent	24.39%
Government	4%

Credit Quality

Rating	Value
AA	35.75%
AAA	64.25%

Top Securities Holdings / Portfolio

Name	Holding	Value	Quantity
16/04/2026 Maturing 182 DTB Sovereign Bonds \| -	3%	₹249 Cr	25,000,000
Vedanta Limited Debentures \| -	3%	₹240 Cr	24,000
TATA Communications Limited Debentures \| -	2%	₹225 Cr	22,500
30/04/2026 Maturing 182 DTB Sovereign Bonds \| -	2%	₹214 Cr	21,500,000
Aadhar Housing Finance Limited Debentures \| -	2%	₹200 Cr	20,000
10/04/2026 Maturing 364 DTB Sovereign Bonds \| -	2%	₹200 Cr	20,000,000
Embassy Office Parks Reit Debentures \| -	2%	₹199 Cr	2,000
L&T Metro Rail (Hyderabad) Limited Debentures \| -	2%	₹195 Cr	1,950
Piramal Finance Limited Debentures \| -	2%	₹181 Cr	18,000
Interise TRust Debentures \| -	2%	₹178 Cr	19,500

9. BOI AXA Ultra Short Duration Fund

(Erstwhile BOI AXA Treasury Advantage Fund)

The Scheme seeks to deliver reasonable market related returns with lower risk and higher liquidity through a portfolio of debt and money market instruments. The Scheme is not providing any assured or guaranteed returns. Further, there is also no assurance that the investment objective of the Scheme will be achieved.

Research Highlights for BOI AXA Ultra Short Duration Fund

Bottom quartile AUM (₹117 Cr).
Established history (17+ yrs).
Rating: 4★ (top quartile).
Risk profile: Moderately Low.
1Y return: 6.03% (bottom quartile).
1M return: 0.89% (top quartile).
Sharpe: 0.70 (lower mid).
Information ratio: 0.00 (bottom quartile).
Yield to maturity (debt): 7.20% (bottom quartile).
Modified duration: 0.57 yrs (bottom quartile).
Average maturity: 0.51 yrs (upper mid).
Exit load: NIL.
Top bond sector: Corporate.
Conservative stance with elevated cash (~64%).
High-quality debt (AAA/AA ~100%).
Largest holding 28/05/2026 Maturing 182 DTB (~9.0%).

Below is the key information for BOI AXA Ultra Short Duration Fund

BOI AXA Ultra Short Duration Fund Growth
Launch Date	16 Jul 08
NAV (20 Apr 26)	₹3,311.88 ↑ 1.35 (0.04 %)
Net Assets (Cr)	₹117 on 31 Mar 26
Category	Debt - Ultrashort Bond
AMC	BOI AXA Investment Mngrs Private Ltd
Rating	☆☆☆☆
Risk	Moderately Low
Expense Ratio	0.97
Sharpe Ratio	0.7
Information Ratio	0
Alpha Ratio	0
Min Investment	5,000
Min SIP Investment	1,000
Exit Load	NIL
Yield to Maturity	7.2%
Effective Maturity	6 Months 4 Days
Modified Duration	6 Months 25 Days

Growth of 10,000 investment over the years.

Date	Value
31 Mar 21	₹10,000
31 Mar 22	₹10,336
31 Mar 23	₹10,855
31 Mar 24	₹11,535
31 Mar 25	₹12,317
31 Mar 26	₹13,061

BOI AXA Ultra Short Duration Fund SIP Returns

Total investment amount is ₹180,000
expected amount after 3 Years is ₹197,169.
Net Profit of ₹17,169 Invest Now

Returns for BOI AXA Ultra Short Duration Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 20 Apr 26

Duration	Returns
1 Month	0.9%
3 Month	1.8%
6 Month	3%
1 Year	6%
3 Year	6.4%
5 Year	5.6%
10 Year
15 Year
Since launch	7%

Historical performance (Yearly) on absolute basis

Year	Returns
2024	6.5%
2023	6.7%
2022	6.2%
2021	4.4%
2020	3.2%
2019	4.9%
2018	7.5%
2017	7.6%
2016	8%
2015	9.1%

Fund Manager information for BOI AXA Ultra Short Duration Fund

Name	Since	Tenure
Mithraem Bharucha	17 Aug 21	4.62 Yr.

Data below for BOI AXA Ultra Short Duration Fund as on 31 Mar 26

Asset Allocation

Asset Class	Value
Cash	64.17%
Debt	35.54%
Other	0.29%

Debt Sector Allocation

Sector	Value
Corporate	51.51%
Cash Equivalent	40.85%
Government	7.34%

Credit Quality

Rating	Value
AA	7.66%
AAA	92.34%

Top Securities Holdings / Portfolio

Name	Holding	Value	Quantity
28/05/2026 Maturing 182 DTB Sovereign Bonds \| -	9%	₹15 Cr	1,500,000
HDFC Bank Ltd. Debentures \| -	8%	₹14 Cr	1,500,000 ↑ 1,500,000
Power Finance Corporation Limited Debentures \| -	8%	₹14 Cr	1,400,000
Rec Limited Debentures \| -	8%	₹12 Cr	1,250,000
Manappuram Finance Limited Debentures \| -	7%	₹11 Cr	1,100,000
Bank of Baroda Debentures \| -	3%	₹5 Cr	500,000
04/02/2027 Maturing 364 DTB Sovereign Bonds \| -	3%	₹5 Cr	500,000 ↑ 500,000
Tbill Sovereign Bonds \| -	1%	₹2 Cr	175,000
08/10/2026 Maturing 364 DTB Sovereign Bonds \| -	0%	₹1 Cr	79,600
Corporate Debt Market Development Fund # - \| -	0%	₹0 Cr	417

10. IDBI Ultra Short Term Fund

The objective of the Scheme will be to provide investors with regular income for their investment by investing in debt and money market instruments with relatively lower interest rate risk, such that the Macaulay duration of the portfolio is maintained between 3 months to 6 months. However, there can be no assurance that the investment objective of the Scheme will be realized.

Research Highlights for IDBI Ultra Short Term Fund

Bottom quartile AUM (₹146 Cr).
Established history (15+ yrs).
Rating: 1★ (bottom quartile).
Risk profile: Moderately Low.
1Y return: 6.39% (upper mid).
1M return: 0.52% (bottom quartile).
Sharpe: -0.57 (bottom quartile).
Information ratio: 0.00 (bottom quartile).
Yield to maturity (debt): 6.83% (bottom quartile).
Modified duration: 0.19 yrs (top quartile).
Average maturity: 0.23 yrs (top quartile).
Exit load: NIL.

Below is the key information for IDBI Ultra Short Term Fund

IDBI Ultra Short Term Fund Growth
Launch Date	3 Sep 10
NAV (28 Jul 23)	₹2,424.68 ↑ 0.44 (0.02 %)
Net Assets (Cr)	₹146 on 30 Jun 23
Category	Debt - Ultrashort Bond
AMC	IDBI Asset Management Limited
Rating	☆
Risk	Moderately Low
Expense Ratio	0.6
Sharpe Ratio	-0.57
Information Ratio	0
Alpha Ratio	0
Min Investment	5,000
Min SIP Investment	500
Exit Load	NIL
Yield to Maturity	6.83%
Effective Maturity	2 Months 23 Days
Modified Duration	2 Months 10 Days

Growth of 10,000 investment over the years.

Date	Value
31 Mar 21	₹10,000
31 Mar 22	₹10,401
31 Mar 23	₹10,950

IDBI Ultra Short Term Fund SIP Returns

Total investment amount is ₹180,000
expected amount after 3 Years is ₹197,169.
Net Profit of ₹17,169 Invest Now

Returns for IDBI Ultra Short Term Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 20 Apr 26

Duration	Returns
1 Month	0.5%
3 Month	1.6%
6 Month	3.4%
1 Year	6.4%
3 Year	4.8%
5 Year	5.5%
10 Year
15 Year
Since launch	7.1%

Historical performance (Yearly) on absolute basis

Year	Returns
2024
2023
2022
2021
2020
2019
2018
2017
2016
2015

Fund Manager information for IDBI Ultra Short Term Fund

Name	Since	Tenure

Data below for IDBI Ultra Short Term Fund as on 30 Jun 23

Asset Allocation

Asset Class	Value

Debt Sector Allocation

Sector	Value

Credit Quality

Rating	Value

Top Securities Holdings / Portfolio

Name	Holding	Value	Quantity

এইভাবে, উপরে দেওয়া প্যারামিটারগুলি থেকে, আমরা উপসংহারে আসতে পারি যে আল্ট্রা শর্ট টার্ম ফান্ডগুলি স্থায়ী আমানতের তুলনায় একটি ভাল বিকল্প।

Disclaimer:
এখানে প্রদত্ত তথ্য সঠিক কিনা তা নিশ্চিত করার জন্য সমস্ত প্রচেষ্টা করা হয়েছে। যাইহোক, তথ্যের সঠিকতা সম্পর্কে কোন গ্যারান্টি দেওয়া হয় না। কোনো বিনিয়োগ করার আগে স্কিমের তথ্য নথির সাথে যাচাই করুন।