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SWP Calculator -- Systematic Withdrawal Plan Calculator

Updated on August 7, 2025 , 37088 views

SWP Calculator is a tool that helps individuals to calculate how their SWP investment will be over the tenure. SWP or Systematic Withdrawal Plan is a technique of redeeming the units or investment in Mutual Funds. In SWP, individuals invest their money in a Mutual Fund scheme and then withdraw their investments over a given tenure. SWP is generally suitable for individuals who are looking for a fixed Income over a regular tenure. The article gives you a holistic understanding of the concept of Systematic Withdrawal Plan, how does the SWP calculator work, and other related parameters.

What does SWP in Mutual Fund Mean?

Systematic Withdrawal Plan or SWP in Mutual Funds refers to a systematic and planned process of redeeming the units of Mutual Fund investment. The concept of SWP works in the reverse manner of SIP. In SWP, individuals invest a lump sum amount in Mutual Fund schemes that generally carry a low risk-appetite, like Liquid Funds or ultra short-term funds. The individuals then start to withdraw the invested amount at regular intervals. Individuals can customize their frequency of withdrawal such as monthly, quarterly, annually, and so on, based on their requirements. In this case, the money invested in Mutual Funds also fetches revenue for the individuals. Individuals, especially retired ones, who are looking for a regular source of income can choose to opt for Systematic Withdrawal Plan by investing in Mutual Funds.

SWP Mutual Fund Calculator

SWP Calculator helps individuals to estimate their withdrawals in Mutual Fund investment over a given tenure. The input data that is required to be entered in the SWP calculator includes:

SWP/Withdrawal Amount - It refers to the fixed withdrawal amount that you are planning to withdraw at regular intervals.
Initial Investment - Initial investment refers to the lump sum amount that you wish to invest in the Mutual Fund scheme.
Withdrawal Frequency - Withdrawal frequency, refers to the timeframe at which you would like to withdraw your investment. This can be either monthly, weekly, or quarterly. generally calculations are done for monthly.
Expected Rate of Returns - It means the returns that you are expecting on your investment.

So, let us have a detailed understand the concept of SWP calculator with an illustration.

Sample Illustration

Initial Investment Amount - INR 1,20,000
SWP Amount - INR 10,000
Withdrawal Tenure - 12 Months
Expected Rate of Return - 7%

The calculation of the SWP table is given below as follows.

Month	Balance at the Beginning of the Month (INR)	Redemption Amount (INR)	Interest Earned (INR)	Balance at the End of the Month (INR)
1	1,20,000	10,000	642	1,10,642
2	1,10,642	10,000	587	1,01,229
3	1,01,229	10,000	532	91,761
4	91,761	10,000	477	82,238
5	82,238	10,000	421	72,659
6	72,659	10,000	366	63,025
7	63,025	10,000	309	53,334
8	53,334	10,000	253	43,587
9	43,587	10,000	196	33,783
10	33,783	10,000	139	23,921
11	23,921	10,000	81	14,003
12	14,003	10,000	23	4,026

Thus, from the above table, it can be said that the profit earned of Mutual Fund scheme by way of SWP transaction is INR 4,026.

SWP Calculator

VALUE AT END OF TENOR:₹4,597

Benefits of Systematic Withdrawal Plan

Some of the major benefits of SWP are as follows.

Regular Income Flow

One of the primary advantages of SWP is that individuals can use Systematic Withdrawal Plan as a source of regular income. This is because the amount withdrawn remains constant.

Disciplined Withdrawal Habit

SWP creates a disciplined withdrawal habit among individuals as only a fixed amount is withdrawn and the remaining money is kept invested in Mutual Funds. This prevents Capital erosion on investment. Also, the investment in Mutual Funds generates returns.

Substitute for Pension

SWP acts as a substitute for pension in case of retired individuals. Retirees can assure themselves for regular income through SWP.

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Best SWP Mutual Funds for 2025

SWP is generally done in Mutual Fund schemes that carry a low level of risk like liquid funds. Therefore, some of the best Mutual Fund schemes under liquid / ultrashort category having net assets higher than 1000 crore are listed below as follows.

Fund	NAV	Net Assets (Cr)	3 MO (%)	6 MO (%)	1 YR (%)	3 YR (%)	2024 (%)	Debt Yield (YTM)	Mod. Duration	Eff. Maturity
Aditya Birla Sun Life Savings Fund Growth	₹553.023 ↑ 0.11	₹20,228	2	4.1	8.1	7.4	7.9	6.72%	5M 26D	6M 29D
ICICI Prudential Ultra Short Term Fund Growth	₹27.9186 ↑ 0.00	₹16,051	1.8	3.9	7.5	7.1	7.5	6.79%	5M 12D	7M 24D
SBI Magnum Ultra Short Duration Fund Growth	₹6,019.96 ↑ 0.96	₹16,408	1.7	3.8	7.5	7.1	7.4	6.26%	5M 1D	6M 4D
Invesco India Ultra Short Term Fund Growth	₹2,717.28 ↑ 0.32	₹1,006	1.7	3.8	7.4	6.9	7.5	6.59%	5M 16D	5M 24D
Kotak Savings Fund Growth	₹43.2017 ↑ 0.01	₹15,527	1.8	3.8	7.3	6.9	7.2	6.49%	5M 12D	5M 19D
Nippon India Ultra Short Duration Fund Growth	₹4,058.29 ↑ 0.53	₹9,543	1.7	3.7	7.3	6.9	7.2	6.71%	5M 14D	7M 29D
UTI Ultra Short Term Fund Growth	₹4,269.38 ↑ 0.50	₹4,551	1.7	3.7	7.2	6.8	7.2	6.46%	5M 12D	5M 19D
Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 8 Aug 25

Research Highlights & Commentary of 7 Funds showcased

Commentary	Aditya Birla Sun Life Savings Fund	ICICI Prudential Ultra Short Term Fund	SBI Magnum Ultra Short Duration Fund	Invesco India Ultra Short Term Fund	Kotak Savings Fund	Nippon India Ultra Short Duration Fund	UTI Ultra Short Term Fund
Point 1	Highest AUM (₹20,228 Cr).	Upper mid AUM (₹16,051 Cr).	Upper mid AUM (₹16,408 Cr).	Bottom quartile AUM (₹1,006 Cr).	Lower mid AUM (₹15,527 Cr).	Lower mid AUM (₹9,543 Cr).	Bottom quartile AUM (₹4,551 Cr).
Point 2	Established history (22+ yrs).	Established history (14+ yrs).	Oldest track record among peers (26 yrs).	Established history (14+ yrs).	Established history (21+ yrs).	Established history (23+ yrs).	Established history (21+ yrs).
Point 3	Top rated.	Rating: 3★ (upper mid).	Rating: 3★ (lower mid).	Rating: 3★ (lower mid).	Rating: 3★ (bottom quartile).	Rating: 2★ (bottom quartile).	Rating: 4★ (upper mid).
Point 4	Risk profile: Moderately Low.	Risk profile: Moderate.	Risk profile: Low.	Risk profile: Moderate.	Risk profile: Moderately Low.	Risk profile: Low.	Risk profile: Moderately Low.
Point 5	1Y return: 8.07% (top quartile).	1Y return: 7.55% (upper mid).	1Y return: 7.47% (upper mid).	1Y return: 7.41% (lower mid).	1Y return: 7.32% (lower mid).	1Y return: 7.29% (bottom quartile).	1Y return: 7.23% (bottom quartile).
Point 6	1M return: 0.50% (top quartile).	1M return: 0.48% (upper mid).	1M return: 0.47% (upper mid).	1M return: 0.45% (bottom quartile).	1M return: 0.46% (lower mid).	1M return: 0.47% (lower mid).	1M return: 0.44% (bottom quartile).
Point 7	Sharpe: 3.55 (top quartile).	Sharpe: 2.79 (upper mid).	Sharpe: 2.74 (upper mid).	Sharpe: 2.72 (lower mid).	Sharpe: 2.10 (bottom quartile).	Sharpe: 2.26 (lower mid).	Sharpe: 2.18 (bottom quartile).
Point 8	Information ratio: 0.00 (top quartile).	Information ratio: 0.00 (upper mid).	Information ratio: 0.00 (upper mid).	Information ratio: 0.00 (lower mid).	Information ratio: 0.00 (lower mid).	Information ratio: 0.00 (bottom quartile).	Information ratio: 0.00 (bottom quartile).
Point 9	Yield to maturity (debt): 6.72% (upper mid).	Yield to maturity (debt): 6.79% (top quartile).	Yield to maturity (debt): 6.26% (bottom quartile).	Yield to maturity (debt): 6.59% (lower mid).	Yield to maturity (debt): 6.49% (lower mid).	Yield to maturity (debt): 6.71% (upper mid).	Yield to maturity (debt): 6.46% (bottom quartile).
Point 10	Modified duration: 0.49 yrs (bottom quartile).	Modified duration: 0.45 yrs (upper mid).	Modified duration: 0.42 yrs (top quartile).	Modified duration: 0.46 yrs (bottom quartile).	Modified duration: 0.45 yrs (lower mid).	Modified duration: 0.45 yrs (lower mid).	Modified duration: 0.45 yrs (upper mid).

Aditya Birla Sun Life Savings Fund

Highest AUM (₹20,228 Cr).
Established history (22+ yrs).
Top rated.
Risk profile: Moderately Low.
1Y return: 8.07% (top quartile).
1M return: 0.50% (top quartile).
Sharpe: 3.55 (top quartile).
Information ratio: 0.00 (top quartile).
Yield to maturity (debt): 6.72% (upper mid).
Modified duration: 0.49 yrs (bottom quartile).

ICICI Prudential Ultra Short Term Fund

Upper mid AUM (₹16,051 Cr).
Established history (14+ yrs).
Rating: 3★ (upper mid).
Risk profile: Moderate.
1Y return: 7.55% (upper mid).
1M return: 0.48% (upper mid).
Sharpe: 2.79 (upper mid).
Information ratio: 0.00 (upper mid).
Yield to maturity (debt): 6.79% (top quartile).
Modified duration: 0.45 yrs (upper mid).

SBI Magnum Ultra Short Duration Fund

Upper mid AUM (₹16,408 Cr).
Oldest track record among peers (26 yrs).
Rating: 3★ (lower mid).
Risk profile: Low.
1Y return: 7.47% (upper mid).
1M return: 0.47% (upper mid).
Sharpe: 2.74 (upper mid).
Information ratio: 0.00 (upper mid).
Yield to maturity (debt): 6.26% (bottom quartile).
Modified duration: 0.42 yrs (top quartile).

Invesco India Ultra Short Term Fund

Bottom quartile AUM (₹1,006 Cr).
Established history (14+ yrs).
Rating: 3★ (lower mid).
Risk profile: Moderate.
1Y return: 7.41% (lower mid).
1M return: 0.45% (bottom quartile).
Sharpe: 2.72 (lower mid).
Information ratio: 0.00 (lower mid).
Yield to maturity (debt): 6.59% (lower mid).
Modified duration: 0.46 yrs (bottom quartile).

Kotak Savings Fund

Lower mid AUM (₹15,527 Cr).
Established history (21+ yrs).
Rating: 3★ (bottom quartile).
Risk profile: Moderately Low.
1Y return: 7.32% (lower mid).
1M return: 0.46% (lower mid).
Sharpe: 2.10 (bottom quartile).
Information ratio: 0.00 (lower mid).
Yield to maturity (debt): 6.49% (lower mid).
Modified duration: 0.45 yrs (lower mid).

Nippon India Ultra Short Duration Fund

Lower mid AUM (₹9,543 Cr).
Established history (23+ yrs).
Rating: 2★ (bottom quartile).
Risk profile: Low.
1Y return: 7.29% (bottom quartile).
1M return: 0.47% (lower mid).
Sharpe: 2.26 (lower mid).
Information ratio: 0.00 (bottom quartile).
Yield to maturity (debt): 6.71% (upper mid).
Modified duration: 0.45 yrs (lower mid).

UTI Ultra Short Term Fund

Bottom quartile AUM (₹4,551 Cr).
Established history (21+ yrs).
Rating: 4★ (upper mid).
Risk profile: Moderately Low.
1Y return: 7.23% (bottom quartile).
1M return: 0.44% (bottom quartile).
Sharpe: 2.18 (bottom quartile).
Information ratio: 0.00 (bottom quartile).
Yield to maturity (debt): 6.46% (bottom quartile).
Modified duration: 0.45 yrs (upper mid).

1. 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 (₹20,228 Cr).
Established history (22+ yrs).
Top rated.
Risk profile: Moderately Low.
1Y return: 8.07% (top quartile).
1M return: 0.50% (top quartile).
Sharpe: 3.55 (top quartile).
Information ratio: 0.00 (top quartile).
Yield to maturity (debt): 6.72% (upper mid).
Modified duration: 0.49 yrs (bottom quartile).
Average maturity: 0.58 yrs (lower mid).
Exit load: NIL.
Top sector: Financial Services.
Top bond sector: Corporate.
Conservative stance with elevated cash (~36%).
High-quality debt (AAA/AA ~100%).
Largest holding Shriram Finance Limited (~3.0%).

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 (08 Aug 25)	₹553.023 ↑ 0.11 (0.02 %)
Net Assets (Cr)	₹20,228 on 15 Jul 25
Category	Debt - Ultrashort Bond
AMC	Birla Sun Life Asset Management Co Ltd
Rating	☆☆☆☆☆
Risk	Moderately Low
Expense Ratio	0.54
Sharpe Ratio	3.55
Information Ratio	0
Alpha Ratio	0
Min Investment	1,000
Min SIP Investment	1,000
Exit Load	NIL
Yield to Maturity	6.72%
Effective Maturity	6 Months 29 Days
Modified Duration	5 Months 26 Days

Growth of 10,000 investment over the years.

Date	Value
31 Jul 20	₹10,000
31 Jul 21	₹10,459
31 Jul 22	₹10,860
31 Jul 23	₹11,598
31 Jul 24	₹12,461
31 Jul 25	₹13,467

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 8 Aug 25

Duration	Returns
1 Month	0.5%
3 Month	2%
6 Month	4.1%
1 Year	8.1%
3 Year	7.4%
5 Year	6.1%
10 Year
15 Year
Since launch	7.4%

Historical performance (Yearly) on absolute basis

Year	Returns
2024	7.9%
2023	7.2%
2022	4.8%
2021	3.9%
2020	7%
2019	8.5%
2018	7.6%
2017	7.2%
2016	9.2%
2015	8.9%

Fund Manager information for Aditya Birla Sun Life Savings Fund

Name	Since	Tenure
Sunaina Cunha	20 Jun 14	11.12 Yr.
Kaustubh Gupta	15 Jul 11	14.06 Yr.
Monika Gandhi	22 Mar 21	4.36 Yr.

Data below for Aditya Birla Sun Life Savings Fund as on 15 Jul 25

Asset Allocation

Asset Class	Value
Cash	36.33%
Debt	63.4%
Other	0.27%

Debt Sector Allocation

Sector	Value
Corporate	64.44%
Cash Equivalent	20.11%
Government	15.18%

Credit Quality

Rating	Value
AA	36.06%
AAA	64.07%

Top Securities Holdings / Portfolio

Name	Holding	Value	Quantity
Shriram Finance Limited Debentures \| -	3%	₹614 Cr	60,000
Nirma Limited Debentures \| -	2%	₹489 Cr	48,500
Gujarat (Government of) - \| -	2%	₹378 Cr	37,500,000
Axis Bank Ltd. Debentures \| -	2%	₹366 Cr	7,500 ↑ 500
Bharti Telecom Limited Debentures \| -	2%	₹362 Cr	3,600
Mankind Pharma Limited Debentures \| -	2%	₹349 Cr	34,500
Bharti Telecom Limited Debentures \| -	2%	₹322 Cr	3,200 ↑ 500
National Bank For Agriculture And Rural Development Debentures \| -	2%	₹317 Cr	3,150
Avanse Financial Services Limited Debentures \| -	1%	₹302 Cr	30,000
ICICI Home Finance Company Limited Debentures \| -	1%	₹270 Cr	27,000

2. 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 (₹16,051 Cr).
Established history (14+ yrs).
Rating: 3★ (upper mid).
Risk profile: Moderate.
1Y return: 7.55% (upper mid).
1M return: 0.48% (upper mid).
Sharpe: 2.79 (upper mid).
Information ratio: 0.00 (upper mid).
Yield to maturity (debt): 6.79% (top quartile).
Modified duration: 0.45 yrs (upper mid).
Average maturity: 0.65 yrs (bottom quartile).
Exit load: 0-1 Months (0.5%),1 Months and above(NIL).
Top sector: Energy.
Top bond sector: Corporate.
Conservative stance with elevated cash (~49%).
High-quality debt (AAA/AA ~100%).
Largest holding 7.11% Govt Stock 2028 (~4.8%).

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 (08 Aug 25)	₹27.9186 ↑ 0.00 (0.01 %)
Net Assets (Cr)	₹16,051 on 30 Jun 25
Category	Debt - Ultrashort Bond
AMC	ICICI Prudential Asset Management Company Limited
Rating	☆☆☆
Risk	Moderate
Expense Ratio	0.86
Sharpe Ratio	2.79
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	6.79%
Effective Maturity	7 Months 24 Days
Modified Duration	5 Months 12 Days

Growth of 10,000 investment over the years.

Date	Value
31 Jul 20	₹10,000
31 Jul 21	₹10,473
31 Jul 22	₹10,862
31 Jul 23	₹11,576
31 Jul 24	₹12,411
31 Jul 25	₹13,351

ICICI Prudential 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 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 8 Aug 25

Duration	Returns
1 Month	0.5%
3 Month	1.8%
6 Month	3.9%
1 Year	7.5%
3 Year	7.1%
5 Year	6%
10 Year
15 Year
Since launch	7.5%

Historical performance (Yearly) on absolute basis

Year	Returns
2024	7.5%
2023	6.9%
2022	4.5%
2021	4%
2020	6.5%
2019	8.4%
2018	7.5%
2017	6.9%
2016	9.8%
2015	9.1%

Fund Manager information for ICICI Prudential Ultra Short Term Fund

Name	Since	Tenure
Manish Banthia	15 Nov 16	8.71 Yr.
Ritesh Lunawat	15 Jun 17	8.13 Yr.

Data below for ICICI Prudential Ultra Short Term Fund as on 30 Jun 25

Asset Allocation

Asset Class	Value
Cash	48.61%
Debt	51.13%
Other	0.26%

Debt Sector Allocation

Sector	Value
Corporate	57.81%
Cash Equivalent	25.49%
Government	16.45%

Credit Quality

Rating	Value
AA	18.42%
AAA	81.58%

Top Securities Holdings / Portfolio

Name	Holding	Value	Quantity
7.11% Govt Stock 2028 Sovereign Bonds \| -	5%	₹835 Cr	82,500,000
LIC Housing Finance Ltd Debentures \| -	3%	₹603 Cr	6,000
National Bank For Agriculture And Rural Development Debentures \| -	3%	₹581 Cr	57,500 ↑ 10,000
182 Days Tbill Sovereign Bonds \| -	3%	₹496 Cr	50,000,000
National Bank For Agriculture And Rural Development Debentures \| -	2%	₹377 Cr	3,750
Vedanta Limited Debentures \| -	2%	₹301 Cr	30,000
Piramal Finance Limited Debentures \| -	2%	₹275 Cr	27,500
Small Industries Development Bank Of India Debentures \| -	1%	₹253 Cr	25,000
Larsen And Toubro Limited Debentures \| -	1%	₹251 Cr	25,000
LIC Housing Finance Ltd Debentures \| -	1%	₹226 Cr	2,250

3. 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 (₹16,408 Cr).
Oldest track record among peers (26 yrs).
Rating: 3★ (lower mid).
Risk profile: Low.
1Y return: 7.47% (upper mid).
1M return: 0.47% (upper mid).
Sharpe: 2.74 (upper mid).
Information ratio: 0.00 (upper mid).
Yield to maturity (debt): 6.26% (bottom quartile).
Modified duration: 0.42 yrs (top quartile).
Average maturity: 0.51 yrs (lower mid).
Exit load: NIL.
Higher exposure to Financial Services vs peer median.
Top bond sector: Corporate.
Conservative stance with elevated cash (~64%).
High-quality debt (AAA/AA ~100%).
Largest holding 5.63% Govt Stock 2026 (~4.2%).

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 (08 Aug 25)	₹6,019.96 ↑ 0.96 (0.02 %)
Net Assets (Cr)	₹16,408 on 30 Jun 25
Category	Debt - Ultrashort Bond
AMC	SBI Funds Management Private Limited
Rating	☆☆☆
Risk	Low
Expense Ratio	0.54
Sharpe Ratio	2.74
Information Ratio	0
Alpha Ratio	0
Min Investment	5,000
Min SIP Investment	500
Exit Load	NIL
Yield to Maturity	6.26%
Effective Maturity	6 Months 4 Days
Modified Duration	5 Months 1 Day

Growth of 10,000 investment over the years.

Date	Value
31 Jul 20	₹10,000
31 Jul 21	₹10,367
31 Jul 22	₹10,722
31 Jul 23	₹11,429
31 Jul 24	₹12,254
31 Jul 25	₹13,172

SBI Magnum 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 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 8 Aug 25

Duration	Returns
1 Month	0.5%
3 Month	1.7%
6 Month	3.8%
1 Year	7.5%
3 Year	7.1%
5 Year	5.7%
10 Year
15 Year
Since launch	7.1%

Historical performance (Yearly) on absolute basis

Year	Returns
2024	7.4%
2023	7%
2022	4.5%
2021	3.4%
2020	5.9%
2019	8%
2018	7.9%
2017	6.6%
2016	7.7%
2015	8.3%

Fund Manager information for SBI Magnum Ultra Short Duration Fund

Name	Since	Tenure
Sudhir Agrawal	15 May 25	0.21 Yr.

Data below for SBI Magnum Ultra Short Duration Fund as on 30 Jun 25

Asset Allocation

Asset Class	Value
Cash	64.34%
Debt	35.38%
Other	0.28%

Debt Sector Allocation

Sector	Value
Corporate	47.36%
Cash Equivalent	33.85%
Government	18.51%

Credit Quality

Rating	Value
AA	3.19%
AAA	96.81%

Top Securities Holdings / Portfolio

Name	Holding	Value	Quantity
5.63% Govt Stock 2026 Sovereign Bonds \| -	4%	₹685 Cr	68,500,000
National Bank For Agriculture And Rural Development Debentures \| -	3%	₹517 Cr	5,150
HDFC Bank Ltd. Debentures \| -	3%	₹480 Cr	10,000
Bharti Telecom Limited Debentures \| -	2%	₹372 Cr	3,700 ↑ 900
India (Republic of) - \| -	2%	₹325 Cr	32,500,000
INDIA UNIVERSAL TRUST AL2 Unlisted bonds \| -	2%	₹263 Cr	400
Citicorp Finance (India) Limited Debentures \| -	2%	₹251 Cr	25,000
India (Republic of) - \| -	2%	₹247 Cr	25,000,000
Rec Limited Debentures \| -	1%	₹244 Cr	2,450
Tata Capital Housing Finance Limited Debentures \| -	1%	₹221 Cr	2,200

4. 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

Bottom quartile AUM (₹1,006 Cr).
Established history (14+ yrs).
Rating: 3★ (lower mid).
Risk profile: Moderate.
1Y return: 7.41% (lower mid).
1M return: 0.45% (bottom quartile).
Sharpe: 2.72 (lower mid).
Information ratio: 0.00 (lower mid).
Yield to maturity (debt): 6.59% (lower mid).
Modified duration: 0.46 yrs (bottom quartile).
Average maturity: 0.48 yrs (upper mid).
Exit load: NIL.
Top bond sector: Corporate.
Conservative stance with elevated cash (~51%).
High-quality debt (AAA/AA ~100%).
Largest holding India (Republic of) (~4.4%).

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 (08 Aug 25)	₹2,717.28 ↑ 0.32 (0.01 %)
Net Assets (Cr)	₹1,006 on 30 Jun 25
Category	Debt - Ultrashort Bond
AMC	Invesco Asset Management (India) Private Ltd
Rating	☆☆☆
Risk	Moderate
Expense Ratio	0.74
Sharpe Ratio	2.72
Information Ratio	0
Alpha Ratio	0
Min Investment	5,000
Min SIP Investment	1,000
Exit Load	NIL
Yield to Maturity	6.59%
Effective Maturity	5 Months 24 Days
Modified Duration	5 Months 16 Days

Growth of 10,000 investment over the years.

Date	Value
31 Jul 20	₹10,000
31 Jul 21	₹10,318
31 Jul 22	₹10,639
31 Jul 23	₹11,299
31 Jul 24	₹12,109
31 Jul 25	₹13,009

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 8 Aug 25

Duration	Returns
1 Month	0.5%
3 Month	1.7%
6 Month	3.8%
1 Year	7.4%
3 Year	6.9%
5 Year	5.4%
10 Year
15 Year
Since launch	7.1%

Historical performance (Yearly) on absolute basis

Year	Returns
2024	7.5%
2023	6.6%
2022	4.1%
2021	3%
2020	5.1%
2019	7.6%
2018	7.3%
2017	7.1%
2016	9.1%
2015	8.3%

Fund Manager information for Invesco India Ultra Short Term Fund

Name	Since	Tenure
Krishna Cheemalapati	4 Jan 20	5.58 Yr.
Vikas Garg	27 Jul 21	4.02 Yr.

Data below for Invesco India Ultra Short Term Fund as on 30 Jun 25

Asset Allocation

Asset Class	Value
Cash	50.52%
Debt	49.13%
Other	0.35%

Debt Sector Allocation

Sector	Value
Corporate	60.06%
Cash Equivalent	28.53%
Government	11.06%

Credit Quality

Rating	Value
AA	24.4%
AAA	75.6%

Top Securities Holdings / Portfolio

Name	Holding	Value	Quantity
India (Republic of) - \| -	4%	₹49 Cr	5,000,000
India (Republic of) - \| -	4%	₹49 Cr	5,000,000 ↑ 5,000,000
Summit Digitel Infrastructure Limited Debentures \| -	4%	₹40 Cr	4,000,000 ↑ 2,500,000
Power Finance Corporation Limited Debentures \| -	2%	₹25 Cr	2,500,000 ↑ 2,500,000
Rural Electrification Corporation Limited Debentures \| -	2%	₹25 Cr	2,500,000 ↑ 2,500,000
ICICI Home Finance Company Limited Debentures \| -	2%	₹25 Cr	2,500,000 ↑ 2,500,000
Cholamandalam Investment And Finance Company Limited Debentures \| -	2%	₹25 Cr	2,500,000
TATA Projects Limited Debentures \| -	2%	₹25 Cr	2,500,000
Torrent Power Limited Debentures \| -	2%	₹25 Cr	2,500,000
Godrej Industries Limited Debentures \| -	2%	₹25 Cr	2,500,000

5. 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

Lower mid AUM (₹15,527 Cr).
Established history (21+ yrs).
Rating: 3★ (bottom quartile).
Risk profile: Moderately Low.
1Y return: 7.32% (lower mid).
1M return: 0.46% (lower mid).
Sharpe: 2.10 (bottom quartile).
Information ratio: 0.00 (lower mid).
Yield to maturity (debt): 6.49% (lower mid).
Modified duration: 0.45 yrs (lower mid).
Average maturity: 0.47 yrs (upper mid).
Exit load: NIL.
Top sector: Financial Services.
Top bond sector: Corporate.
Conservative stance with elevated cash (~59%).
High-quality debt (AAA/AA ~99%).
Largest holding 8.2% Govt Stock 2025 (~5.0%).

Below is the key information for Kotak Savings Fund

Kotak Savings Fund Growth
Launch Date	13 Aug 04
NAV (08 Aug 25)	₹43.2017 ↑ 0.01 (0.02 %)
Net Assets (Cr)	₹15,527 on 30 Jun 25
Category	Debt - Ultrashort Bond
AMC	Kotak Mahindra Asset Management Co Ltd
Rating	☆☆☆
Risk	Moderately Low
Expense Ratio	0.8
Sharpe Ratio	2.1
Information Ratio	0
Alpha Ratio	0
Min Investment	5,000
Min SIP Investment	1,000
Exit Load	NIL
Yield to Maturity	6.49%
Effective Maturity	5 Months 19 Days
Modified Duration	5 Months 12 Days

Growth of 10,000 investment over the years.

Date	Value
31 Jul 20	₹10,000
31 Jul 21	₹10,357
31 Jul 22	₹10,712
31 Jul 23	₹11,406
31 Jul 24	₹12,203
31 Jul 25	₹13,100

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 8 Aug 25

Duration	Returns
1 Month	0.5%
3 Month	1.8%
6 Month	3.8%
1 Year	7.3%
3 Year	6.9%
5 Year	5.6%
10 Year
15 Year
Since launch	7.2%

Historical performance (Yearly) on absolute basis

Year	Returns
2024	7.2%
2023	6.8%
2022	4.5%
2021	3.2%
2020	5.8%
2019	7.8%
2018	7.4%
2017	6.7%
2016	8.2%
2015	8.6%

Fund Manager information for Kotak Savings Fund

Name	Since	Tenure
Deepak Agrawal	15 Apr 08	17.31 Yr.
Manu Sharma	1 Nov 22	2.75 Yr.

Data below for Kotak Savings Fund as on 30 Jun 25

Asset Allocation

Asset Class	Value
Cash	58.64%
Debt	41.09%
Other	0.28%

Debt Sector Allocation

Sector	Value
Corporate	59.25%
Cash Equivalent	23.38%
Government	17.09%

Credit Quality

Rating	Value
AA	7.9%
AAA	90.97%

Top Securities Holdings / Portfolio

Name	Holding	Value	Quantity
8.2% Govt Stock 2025 Sovereign Bonds \| -	5%	₹804 Cr	80,000,000
Bajaj Housing Finance Limited Debentures \| -	4%	₹648 Cr	6,420
National Bank For Agriculture And Rural Development Debentures \| -	4%	₹615 Cr	61,000 ↑ 5,000
Rec Limited Debentures \| -	3%	₹478 Cr	47,500
Mankind Pharma Limited Debentures \| -	2%	₹303 Cr	30,000
364 DTB 19mar2026 Sovereign Bonds \| -	1%	₹241 Cr	25,000,000
India (Republic of) - \| -	1%	₹239 Cr	25,000,000
Bharti Telecom Limited Debentures \| -	1%	₹226 Cr	2,250
08.49 Tn SDL 2026 Sovereign Bonds \| -	1%	₹204 Cr	20,080,000
Vedanta Limited Debentures \| -	1%	₹202 Cr	20,000

6. 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

Lower mid AUM (₹9,543 Cr).
Established history (23+ yrs).
Rating: 2★ (bottom quartile).
Risk profile: Low.
1Y return: 7.29% (bottom quartile).
1M return: 0.47% (lower mid).
Sharpe: 2.26 (lower mid).
Information ratio: 0.00 (bottom quartile).
Yield to maturity (debt): 6.71% (upper mid).
Modified duration: 0.45 yrs (lower mid).
Average maturity: 0.66 yrs (bottom quartile).
Exit load: NIL.
Top sector: Financial Services.
Top bond sector: Corporate.
Conservative stance with elevated cash (~47%).
High-quality debt (AAA/AA ~100%).
Largest holding Bank of India Ltd. (~5.0%).

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 (08 Aug 25)	₹4,058.29 ↑ 0.53 (0.01 %)
Net Assets (Cr)	₹9,543 on 30 Jun 25
Category	Debt - Ultrashort Bond
AMC	Nippon Life Asset Management Ltd.
Rating	☆☆
Risk	Low
Expense Ratio	1.14
Sharpe Ratio	2.26
Information Ratio	0
Alpha Ratio	0
Min Investment	100
Min SIP Investment	100
Exit Load	NIL
Yield to Maturity	6.71%
Effective Maturity	7 Months 29 Days
Modified Duration	5 Months 14 Days

Growth of 10,000 investment over the years.

Date	Value
31 Jul 20	₹10,000
31 Jul 21	₹10,943
31 Jul 22	₹11,358
31 Jul 23	₹12,082
31 Jul 24	₹12,928
31 Jul 25	₹13,871

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 8 Aug 25

Duration	Returns
1 Month	0.5%
3 Month	1.7%
6 Month	3.7%
1 Year	7.3%
3 Year	6.9%
5 Year	6.8%
10 Year
15 Year
Since launch	6.1%

Historical performance (Yearly) on absolute basis

Year	Returns
2024	7.2%
2023	6.7%
2022	4.6%
2021	7.8%
2020	4.9%
2019	0.9%
2018	7.3%
2017	5.8%
2016	6.8%
2015	7.6%

Fund Manager information for Nippon India Ultra Short Duration Fund

Name	Since	Tenure
Vivek Sharma	1 Oct 13	11.84 Yr.
Kinjal Desai	25 May 18	7.19 Yr.
Akshay Sharma	1 Dec 22	2.67 Yr.

Data below for Nippon India Ultra Short Duration Fund as on 30 Jun 25

Asset Allocation

Asset Class	Value
Cash	46.67%
Debt	53.05%
Other	0.28%

Debt Sector Allocation

Sector	Value
Corporate	60.71%
Cash Equivalent	27.11%
Government	11.9%

Credit Quality

Rating	Value
AA	15.55%
AAA	84.45%

Top Securities Holdings / Portfolio

Name	Holding	Value	Quantity
Bank of India Ltd. Debentures \| -	5%	₹495 Cr	10,000
National Bank For Agriculture And Rural Development Debentures \| -	5%	₹453 Cr	45,000
Power Finance Corporation Limited Debentures \| -	4%	₹353 Cr	35,000 ↑ 17,500
182 Days Tbill Sovereign Bonds \| -	3%	₹248 Cr	25,000,000
Vedanta Limited Debentures \| -	2%	₹242 Cr	24,000
LIQUID GOLD SERIES 10 Unlisted bonds \| -	2%	₹206 Cr	82
National Bank For Agriculture And Rural Development Debentures \| -	2%	₹202 Cr	20,000
Small Industries Development Bank Of India Debentures \| -	2%	₹201 Cr	2,000
182 Days Tbill Sovereign Bonds \| -	2%	₹198 Cr	20,000,000
Piramal Finance Limited Debentures \| -	2%	₹195 Cr	19,500 ↑ 9,500

7. UTI Ultra Short Term Fund

(Erstwhile UTI - Floating Rate Fund - Short Term Plan)

To generate regular income through investment in a portfolio comprising substantially of floating rate debt / money market instruments, fixed rate debt / money market instruments swapped for floating rate returns. The Scheme may also invest a portion of its net assets in fixed rate debt securities and money market instruments .However there can be no assurance that the investment objective of the Scheme will be achieved. The Scheme does not guarantee / indicate any returns.

Research Highlights for UTI Ultra Short Term Fund

Bottom quartile AUM (₹4,551 Cr).
Established history (21+ yrs).
Rating: 4★ (upper mid).
Risk profile: Moderately Low.
1Y return: 7.23% (bottom quartile).
1M return: 0.44% (bottom quartile).
Sharpe: 2.18 (bottom quartile).
Information ratio: 0.00 (bottom quartile).
Yield to maturity (debt): 6.46% (bottom quartile).
Modified duration: 0.45 yrs (upper mid).
Average maturity: 0.47 yrs (top quartile).
Exit load: NIL.
Higher exposure to Financial Services vs peer median.
Top bond sector: Corporate.
Conservative stance with elevated cash (~59%).
High-quality debt (AAA/AA ~100%).
Largest holding Small Industries Development Bank Of India (~3.9%).

Below is the key information for UTI Ultra Short Term Fund

UTI Ultra Short Term Fund Growth
Launch Date	29 Aug 03
NAV (08 Aug 25)	₹4,269.38 ↑ 0.50 (0.01 %)
Net Assets (Cr)	₹4,551 on 30 Jun 25
Category	Debt - Ultrashort Bond
AMC	UTI Asset Management Company Ltd
Rating	☆☆☆☆
Risk	Moderately Low
Expense Ratio	0.96
Sharpe Ratio	2.18
Information Ratio	0
Alpha Ratio	0
Min Investment	5,000
Min SIP Investment	500
Exit Load	NIL
Yield to Maturity	6.46%
Effective Maturity	5 Months 19 Days
Modified Duration	5 Months 12 Days

Growth of 10,000 investment over the years.

Date	Value
31 Jul 20	₹10,000
31 Jul 21	₹10,380
31 Jul 22	₹11,011
31 Jul 23	₹11,707
31 Jul 24	₹12,523
31 Jul 25	₹13,432

UTI 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 UTI 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 8 Aug 25

Duration	Returns
1 Month	0.4%
3 Month	1.7%
6 Month	3.7%
1 Year	7.2%
3 Year	6.8%
5 Year	6.1%
10 Year
15 Year
Since launch	6.8%

Historical performance (Yearly) on absolute basis

Year	Returns
2024	7.2%
2023	6.7%
2022	4.2%
2021	6.1%
2020	5.3%
2019	3.3%
2018	7%
2017	6.6%
2016	8.9%
2015	8.5%

Fund Manager information for UTI Ultra Short Term Fund

Name	Since	Tenure
Anurag Mittal	21 Jan 25	0.52 Yr.

Data below for UTI Ultra Short Term Fund as on 30 Jun 25

Asset Allocation

Asset Class	Value
Cash	59.33%
Debt	40.49%
Other	0.18%

Debt Sector Allocation

Sector	Value
Corporate	62.55%
Cash Equivalent	29.89%
Government	7.38%

Credit Quality

Rating	Value
AA	12.82%
AAA	87.18%

Top Securities Holdings / Portfolio

Name	Holding	Value	Quantity
Small Industries Development Bank Of India Debentures \| -	4%	₹181 Cr	1,800
Titan Company Limited Debentures \| -	3%	₹151 Cr	15,000
Bajaj Housing Finance Limited Debentures \| -	2%	₹101 Cr	1,000
LIC Housing Finance Ltd Debentures \| -	2%	₹101 Cr	1,000
182 Days Tbill Sovereign Bonds \| -	2%	₹99 Cr	1,000,000,000 ↓ -500,000,000
India (Republic of) - \| -	2%	₹99 Cr	1,000,000,000
Shriram Finance Limited Debentures \| -	2%	₹81 Cr	8,000
Indian Bank Domestic Bonds \| -	2%	₹72 Cr	750,000,000
Indian Bank Domestic Bonds \| -	2%	₹72 Cr	750,000,000
LIC Housing Finance Ltd Debentures \| -	1%	₹51 Cr	500 ↑ 500

Disclaimer:
All efforts have been made to ensure the information provided here is accurate. However, no guarantees are made regarding correctness of data. Please verify with scheme information document before making any investment.