ਆਵਰਤੀ ਡਿਪਾਜ਼ਿਟ ਬਨਾਮ ਫਿਕਸਡ ਡਿਪਾਜ਼ਿਟ: ਕਿਹੜਾ ਬਿਹਤਰ ਹੈ?

Updated on August 18, 2026 , 11100 views

ਆਵਰਤੀ ਡਿਪਾਜ਼ਿਟ ਬਨਾਮ ਫਿਕਸਡ ਡਿਪਾਜ਼ਿਟ? ਸੋਚ ਰਹੇ ਹੋ ਕਿ ਤੁਹਾਡਾ ਪੈਸਾ ਕਿੱਥੇ ਬਚਾਉਣਾ ਹੈ? ਖੈਰ, ਕਈ ਵਾਰ, ਨਿਵੇਸ਼ਕ ਉਲਝਣ ਵਿੱਚ ਪੈ ਜਾਂਦੇ ਹਨ ਕਿ ਕੀ ਇੱਕ ਆਵਰਤੀ ਡਿਪਾਜ਼ਿਟ (RD) ਵਿੱਚ ਨਿਵੇਸ਼ ਕਰਨਾ ਹੈ ਜਾਂ ਇੱਕ ਫਿਕਸਡ ਡਿਪਾਜ਼ਿਟ (ਐੱਫ.ਡੀ). ਹਾਲਾਂਕਿ ਇਹ ਸਭ ਤੋਂ ਵੱਧ ਪ੍ਰਸਿੱਧ ਬੱਚਤ ਸਕੀਮਾਂ ਹਨ, ਖਾਸ ਤੌਰ 'ਤੇ ਜੋਖਮ ਤੋਂ ਬਚਣ ਵਾਲੇ ਨਿਵੇਸ਼ਕਾਂ ਵਿੱਚ, ਇਹ ਸਮਝਣਾ ਮਹੱਤਵਪੂਰਨ ਹੈ ਕਿ RD ਅਤੇ FD ਇੱਕ ਦੂਜੇ ਤੋਂ ਕਿਵੇਂ ਵੱਖਰੇ ਹਨ ਅਤੇ ਕਿਹੜਾ ਬਿਹਤਰ ਹੈ।ਨਿਵੇਸ਼ ਵਿਕਲਪ।

ਆਵਰਤੀ ਡਿਪਾਜ਼ਿਟ (RD)

ਆਰਡੀ ਏਵਿੱਤੀ ਸਾਧਨ ਮੁੱਖ ਤੌਰ 'ਤੇ ਬੱਚਤ ਨੂੰ ਉਤਸ਼ਾਹਿਤ ਕਰਨ ਵੱਲ ਸੇਧਿਤ ਹੈ। ਇਸ ਸਕੀਮ ਵਿੱਚ, ਨਿਵੇਸ਼ਕਾਂ ਕੋਲ ਹਰ ਮਹੀਨੇ ਇੱਕ ਖਾਸ ਰਕਮ ਬਚਾਉਣ ਦੀ ਲਚਕਤਾ ਹੁੰਦੀ ਹੈ ਜਾਂ ਤਾਂ ਏਬੈਂਕਦੇ ਜਾਂ ਵਿੱਤੀ ਸੰਸਥਾ ਦਾ RD ਖਾਤਾ ਇੱਕ ਪੂਰਵ-ਨਿਰਧਾਰਤ ਕਾਰਜਕਾਲ ਲਈ ਹੈ ਅਤੇ ਇਸ ਰਕਮ 'ਤੇ ਵਿਆਜ ਕਮਾਓ। ਪਰਿਪੱਕਤਾ 'ਤੇ, ਵਿਆਜ ਦਾ ਭੁਗਤਾਨ ਮੂਲ ਰਕਮ ਦੇ ਨਾਲ ਕੀਤਾ ਜਾਂਦਾ ਹੈ।

ਫਿਕਸਡ ਡਿਪਾਜ਼ਿਟ (FD)

ਫਿਕਸਡ ਡਿਪਾਜ਼ਿਟ ਇੱਕ ਕਿਸਮ ਦੇ ਵਿੱਤੀ ਸਾਧਨ ਹਨ ਜੋ ਬੈਂਕਾਂ ਦੁਆਰਾ ਇੱਕ ਨਿਸ਼ਚਿਤ ਪੂਰਵ-ਪ੍ਰਭਾਸ਼ਿਤ ਕਾਰਜਕਾਲ ਲਈ ਪ੍ਰਦਾਨ ਕੀਤੇ ਜਾਂਦੇ ਹਨ ਅਤੇ ਇੱਕਵਿਆਜ ਦੀ ਸਥਿਰ ਦਰ. ਇਸ ਸਕੀਮ ਵਿੱਚ, ਇੱਕ FD ਖਾਤਾ ਬਣਾਉਣ ਦੇ ਸਮੇਂ ਇੱਕ ਵਾਰ ਇੱਕ ਨਿਸ਼ਚਿਤ ਰਕਮ ਜਮ੍ਹਾ ਕੀਤੀ ਜਾਂਦੀ ਹੈ। ਕਾਰਜਕਾਲ ਦੇ ਅੰਤ 'ਤੇ, ਚੁਣੇ ਗਏ ਕਾਰਜਕਾਲ ਲਈ ਵਿਆਜ ਦੀ ਰਕਮ ਦੀ ਮੂਲ ਰਕਮ ਨਾਲ ਗਣਨਾ ਕੀਤੀ ਜਾਂਦੀ ਹੈ ਅਤੇ ਕੁੱਲ ਰਕਮ ਦਾ ਸੰਚਤ ਰੂਪ ਵਿੱਚ ਭੁਗਤਾਨ ਕੀਤਾ ਜਾਂਦਾ ਹੈ।

ਆਵਰਤੀ ਡਿਪਾਜ਼ਿਟ VS ਫਿਕਸਡ ਡਿਪਾਜ਼ਿਟ

ਪੈਰਾਮੀਟਰ	ਆਵਰਤੀ ਡਿਪਾਜ਼ਿਟ (RD)	ਫਿਕਸਡ ਡਿਪਾਜ਼ਿਟ (FD)
ਕਾਰਜਕਾਲ	RD ਦਾ ਕਾਰਜਕਾਲ ਆਮ ਤੌਰ 'ਤੇ 6 ਮਹੀਨਿਆਂ ਤੋਂ 10 ਸਾਲ ਤੱਕ ਹੁੰਦਾ ਹੈ	FD ਸਕੀਮ ਦਾ ਕਾਰਜਕਾਲ 7 ਦਿਨਾਂ ਤੋਂ 10 ਸਾਲ ਤੱਕ ਹੁੰਦਾ ਹੈ
ਵਿਆਜ ਦੀ ਗਣਨਾ	ਮਿਸ਼ਰਤ ਵਿਆਜ ਆਮ ਤੌਰ 'ਤੇ RD ਸਕੀਮ ਲਈ ਹਰ ਤਿਮਾਹੀ 'ਤੇ ਹੁੰਦਾ ਹੈ	FD ਵਿੱਚ, ਮਿਸ਼ਰਿਤ ਵਿਆਜ ਦੀ ਗਣਨਾ ਹਰ ਸਾਲ ਇਕੱਤਰ ਹੋਣ ਵਾਲੇ ਵਿਆਜ 'ਤੇ ਕੀਤੀ ਜਾਂਦੀ ਹੈ
ਯੋਗਤਾ	ਸਾਰੇ ਨਿਵਾਸੀ ਭਾਰਤੀ ਅਤੇ ਹਿੰਦੂ ਅਣਵੰਡੇ ਪਰਿਵਾਰ (HUFs) RD ਖਾਤਾ ਖੋਲ੍ਹਣ ਦੇ ਯੋਗ ਹਨ। ਇਹ ਖਾਤਾ ਨਾਬਾਲਗਾਂ ਲਈ ਉਹਨਾਂ ਦੇ ਮਾਤਾ-ਪਿਤਾ ਜਾਂ ਕਾਨੂੰਨੀ ਸਰਪ੍ਰਸਤ ਦੁਆਰਾ ਵੀ ਖੋਲ੍ਹਿਆ ਜਾ ਸਕਦਾ ਹੈ	ਸਾਰੇ ਨਿਵਾਸੀ ਭਾਰਤੀ ਅਤੇ ਹਿੰਦੂ ਅਣਵੰਡੇ ਪਰਿਵਾਰ (HUFs) ਇੱਕ ਫਿਕਸਡ ਡਿਪਾਜ਼ਿਟ ਖਾਤਾ ਖੋਲ੍ਹਣ ਦੇ ਯੋਗ ਹਨ
ਟੈਕਸ ਲਾਭ	ਇਸ ਸਕੀਮ ਵਿੱਚ ਕੋਈ ਟੈਕਸ ਲਾਭ ਨਹੀਂ ਦਿੱਤਾ ਜਾਂਦਾ ਹੈ	ਫਿਕਸਡ ਡਿਪਾਜ਼ਿਟ ਲਈ, ਦੇ ਤਹਿਤ ਟੈਕਸ ਛੋਟਧਾਰਾ 80C ਦੇਆਮਦਨ ਟੈਕਸ ਐਕਟ 1961 ਲਾਗੂ ਹੈ। ਇਹ 5 ਸਾਲਾਂ ਤੋਂ ਵੱਧ ਜਮ੍ਹਾਂ ਰਕਮਾਂ ਲਈ ਲਾਗੂ ਹੁੰਦਾ ਹੈ (ਮੌਜੂਦਾ ਕਾਨੂੰਨਾਂ ਅਨੁਸਾਰ)
ਵਾਪਸੀ ਦੀ ਦਰ	ਵਿਆਜ ਦਰ FD ਦੇ ਬਰਾਬਰ ਹੈ ਪਰ ਆਮ ਤੌਰ 'ਤੇ, ਕਾਰਜਕਾਲ ਅਤੇ ਮਹੀਨਾਵਾਰ ਨਿਵੇਸ਼ ਰਕਮ 'ਤੇ ਨਿਰਭਰ ਕਰਦੀ ਹੈ	ਵਿਆਜ ਦਰ RD ਦੇ ਬਰਾਬਰ ਹੈ ਪਰ ਇਸ 'ਤੇ ਨਿਰਭਰ ਕਰਦੀ ਹੈਪੂੰਜੀ ਅਤੇ ਕਾਰਜਕਾਲ ਦੀ ਚੋਣ ਕੀਤੀ
ਵਾਧੂ ਲਾਭ	ਜ਼ਿਆਦਾਤਰ ਬੈਂਕ ਜਮ੍ਹਾਂ ਮੁੱਲ ਦੇ 90% ਤੱਕ ਕਰਜ਼ੇ ਦੀ ਪੇਸ਼ਕਸ਼ ਕਰਦੇ ਹਨ	ਜ਼ਿਆਦਾਤਰ ਬੈਂਕ ਜਮ੍ਹਾਂ ਮੁੱਲ ਦੇ 70% - 90% ਤੱਕ ਕਰਜ਼ੇ ਦੀ ਪੇਸ਼ਕਸ਼ ਕਰਦੇ ਹਨ।
ਕਢਵਾਉਣਾ	ਕੁਝ ਮਾਮਲਿਆਂ ਵਿੱਚ, ਬਿਨਾਂ ਕਿਸੇ ਜੁਰਮਾਨੇ ਦੇ ਸਮੇਂ ਤੋਂ ਪਹਿਲਾਂ ਕਢਵਾਉਣ ਦੀ ਇਜਾਜ਼ਤ ਦਿੱਤੀ ਜਾਂਦੀ ਹੈ। ਜਦਕਿ ਕੁਝ ਬੈਂਕ ਜੁਰਮਾਨਾ ਵਸੂਲ ਸਕਦੇ ਹਨ	ਜ਼ੁਰਮਾਨੇ ਦੇ ਨਾਲ ਸਮੇਂ ਤੋਂ ਪਹਿਲਾਂ ਕਢਵਾਉਣ ਦੀ ਇਜਾਜ਼ਤ ਹੈ
ਆਮਦਨ ਦਿਲਚਸਪੀ	RD 'ਤੇ ਕਮਾਇਆ ਵਿਆਜ ਟੈਕਸਯੋਗ ਹੈ ਅਤੇ ਜ਼ਿਆਦਾਤਰ ਬੈਂਕ TDS ਕੱਟਦੇ ਹਨ	FD 'ਤੇ ਕਮਾਇਆ ਵਿਆਜ ਟੈਕਸਯੋਗ ਹੈ ਅਤੇ ਜ਼ਿਆਦਾਤਰ ਬੈਂਕ TDS ਕੱਟਦੇ ਹਨ

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ਆਵਰਤੀ ਡਿਪਾਜ਼ਿਟ VS ਫਿਕਸਡ ਡਿਪਾਜ਼ਿਟ: ਹੋਰ ਕਿੱਥੇ ਕਮਾਈ ਕਰਨੀ ਹੈ?

ਕਿਉਂਕਿ RD ਅਤੇ FD ਦੋਵੇਂ ਜੋਖਮ-ਵਿਰੋਧੀ ਨਿਵੇਸ਼ਕਾਂ ਲਈ ਢੁਕਵੇਂ ਹਨ, ਅੰਤਮ ਚੋਣ ਕਿਸੇ ਦੀਆਂ ਲੋੜਾਂ 'ਤੇ ਨਿਰਭਰ ਕਰਦੀ ਹੈ। ਇੱਕ FD ਖਾਤੇ ਵਿੱਚ, ਜਮ੍ਹਾ ਕੀਤੀ ਸ਼ੁਰੂਆਤੀ ਇੱਕਮੁਸ਼ਤ ਰਕਮ 'ਤੇ ਵਿਆਜ ਮਿਸ਼ਰਤ ਹੁੰਦਾ ਹੈ। ਸਾਰੀ ਜਮ੍ਹਾਂ ਰਕਮ ਇੱਕ ਸਾਲ ਲਈ ਵਿਆਜ ਕਮਾਉਂਦੀ ਹੈ। ਹਾਲਾਂਕਿ, ਇੱਕ RD ਵਿੱਚ, ਸਿਰਫ਼ ਪਹਿਲੀ ਜਮ੍ਹਾਂ ਰਕਮ ਹੀ ਪਹਿਲੇ ਸਾਲ, ਭਾਵ 12 ਮਹੀਨਿਆਂ ਲਈ ਵਿਆਜ ਕਮਾਉਂਦੀ ਹੈ। ਦੂਜੀ ਡਿਪਾਜ਼ਿਟ 11 ਮਹੀਨਿਆਂ ਲਈ, ਤੀਜੀ 10 ਮਹੀਨਿਆਂ ਲਈ, ਵਿਆਜ ਕਮਾਉਂਦੀ ਹੈ। ਮਿਸ਼ਰਿਤ ਪ੍ਰਭਾਵ ਫਿਕਸਡ ਡਿਪਾਜ਼ਿਟ ਨੂੰ ਨਿਵੇਸ਼ਕਾਂ ਲਈ ਉੱਚ ਰਿਟਰਨ ਪੈਦਾ ਕਰਨ ਦੇ ਯੋਗ ਬਣਾਉਂਦਾ ਹੈ।

ਹਾਲਾਂਕਿ ਸਮੇਂ ਦੇ ਨਾਲ, ਇੱਕ ਫਿਕਸਡ ਡਿਪਾਜ਼ਿਟ (ਉਦਾਹਰਣ ਹੇਠਾਂ ਦਰਸਾਇਆ ਗਿਆ ਹੈ) ਨਾਲ ਵਧੇਰੇ ਪੈਸਾ ਕਮਾ ਸਕਦਾ ਹੈ, ਪਰ ਇਸ ਵਿੱਚ ਮਹੀਨਾਵਾਰ ਛੋਟੀਆਂ ਰਕਮਾਂ ਜਮ੍ਹਾ ਕਰਨ ਦੇ ਯੋਗ ਹੋਣ ਦੇ ਰੂਪ ਵਿੱਚ ਇੱਕ ਆਵਰਤੀ ਡਿਪਾਜ਼ਿਟ ਖਾਤੇ ਦੀ ਲਚਕਤਾ ਨਹੀਂ ਹੈ। ਇਸ ਲਈ, ਜਿਨ੍ਹਾਂ ਕੋਲ ਨਿਵੇਸ਼ ਕਰਨ ਲਈ ਇੱਕਮੁਸ਼ਤ ਰਕਮ ਨਹੀਂ ਹੈ, ਉਹ ਮਹੀਨਾਵਾਰ ਨਿਵੇਸ਼ਾਂ ਨੂੰ ਤਰਜੀਹ ਦੇ ਸਕਦੇ ਹਨ।

ਬਿਹਤਰ ਸਮਝ ਲਈ, ਅਸੀਂ ਦੋਵਾਂ ਸਕੀਮਾਂ ਵਿੱਚ ਅੰਤਰ ਨੂੰ ਦਰਸਾਇਆ ਹੈ। ਇਸ ਲਈ ਉਪਭੋਗਤਾ ਸਪਸ਼ਟ ਤੌਰ 'ਤੇ ਸਮਝ ਸਕਦੇ ਹਨ ਅਤੇ ਚੰਗੀ ਤਰ੍ਹਾਂ ਚੁਣ ਸਕਦੇ ਹਨ।

ਉਦਾਹਰਣ:

ਮੰਨ ਲਓ ਕਿ ਤੁਸੀਂ ਨਿਵੇਸ਼ ਕਰਦੇ ਹੋINR 1000 (ਇੱਕ ਸਾਲ ਲਈ ਮਹੀਨਾਵਾਰ) ਇੱਕ ਆਵਰਤੀ ਡਿਪਾਜ਼ਿਟ ਵਿੱਚ ਅਤੇ ਤੁਸੀਂ ਇੱਕਮੁਸ਼ਤ ਨਿਵੇਸ਼ ਕੀਤਾ ਹੈINR 12,000 ਸਾਲ ਦੇ ਸ਼ੁਰੂ ਵਿੱਚ ਇੱਕ ਫਿਕਸਡ ਡਿਪਾਜ਼ਿਟ ਵਿੱਚ। ਇਹ ਦੋਵੇਂ ਉਤਪਾਦ ਤੁਹਾਨੂੰ ਤਿਮਾਹੀ ਵਿੱਚ 9 ਪ੍ਰਤੀਸ਼ਤ ਮਿਸ਼ਰਿਤ ਵਿਆਜ ਦੀ ਪੇਸ਼ਕਸ਼ ਕਰਦੇ ਹਨ। ਇਸ ਲਈ, ਦਕਮਾਈਆਂ ਇਹਨਾਂ ਦੋਵਾਂ ਸਕੀਮਾਂ ਵਿੱਚੋਂ ਹੇਠਾਂ ਦਿੱਤਾ ਗਿਆ ਹੈ-

ਖਾਸ	ਆਵਰਤੀ ਡਿਪਾਜ਼ਿਟ (RD)	ਫਿਕਸਡ ਡਿਪਾਜ਼ਿਟ (FD)
ਨਿਵੇਸ਼ ਕੀਤੀ ਰਕਮ	INR 5,000 (ਮਾਸਿਕ)	INR 60,000 (ਇਕਮੁਸ਼ਤ)
ਕਾਰਜਕਾਲ	12 ਮਹੀਨੇ	12 ਮਹੀਨੇ
ਸਲਾਨਾ ਵਿਆਜ ਦਰਾਂ	6%	6%
ਕੁੱਲ ਕਮਾਈ ਕੀਤੀ ਗਈ ਰਕਮ	61,986 ਰੁਪਏ	63,701 ਰੁਪਏ
ਕੁੱਲ ਲਾਭ	INR 1,986	INR 3,701

ਹੁਣ ਜਦੋਂ ਤੁਸੀਂ RD ਅਤੇ FD ਵਿੱਚ ਮੁੱਖ ਅੰਤਰ ਜਾਣਦੇ ਹੋ, ਤਾਂ ਤੁਸੀਂ ਇੱਕ ਚੁਣ ਸਕਦੇ ਹੋ ਅਤੇ ਸਮਝਦਾਰੀ ਨਾਲ ਨਿਵੇਸ਼ ਕਰ ਸਕਦੇ ਹੋ। ਹਾਲਾਂਕਿ FD RD ਦੀ ਤੁਲਨਾ ਵਿੱਚ ਇੱਕ ਬਿਹਤਰ ਵਾਧਾ ਪ੍ਰਦਾਨ ਕਰਦਾ ਹੈ, ਜ਼ਿਆਦਾਤਰ ਸਮੇਂ, ਤੁਹਾਡੀਆਂ ਸਾਰੀਆਂ ਜ਼ਰੂਰਤਾਂ ਨੂੰ ਪੂਰਾ ਕਰਨਾ ਇੱਕ ਇੱਕਲੇ ਸਾਧਨ ਲਈ ਸੰਭਵ ਨਹੀਂ ਹੁੰਦਾ ਹੈ। ਇਸ ਲਈ, ਜਦੋਂ ਤੁਹਾਡੇ ਕੋਲ ਨਿਵੇਸ਼ ਕਰਨ ਲਈ ਇੱਕਮੁਸ਼ਤ ਰਕਮ ਨਹੀਂ ਹੁੰਦੀ ਹੈ, ਤਾਂ ਤੁਸੀਂ ਹਰ ਮਹੀਨੇ ਆਪਣੀ ਆਮਦਨ ਤੋਂ ਥੋੜ੍ਹੀ ਜਿਹੀ ਰਕਮ ਬਚਾ ਸਕਦੇ ਹੋ ਅਤੇ ਇੱਕ ਆਵਰਤੀ ਡਿਪਾਜ਼ਿਟ ਵਿੱਚ ਨਿਵੇਸ਼ ਕਰ ਸਕਦੇ ਹੋ!

ਹੋਰ ਵਿਕਲਪ

ਤਰਲ / ਅਲਟਰਾ ਸ਼ਾਰਟ ਡੈਬਟ ਮਿਉਚੁਅਲ ਫੰਡ

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 (₹18,189 Cr).
Established history (23+ yrs).
Top rated.
Risk profile: Moderately Low.
1Y return: 6.28% (upper mid).
1M return: 0.57% (top quartile).
Sharpe: 0.81 (top quartile).
Information ratio: 0.00 (top quartile).
Yield to maturity (debt): 7.45% (top quartile).
Modified duration: 0.49 yrs (bottom quartile).
Average maturity: 0.55 yrs (upper mid).
Exit load: NIL.
Top sector: Financial Services.
Higher exposure to Corporate (bond sector) vs peer median.
Debt-heavy allocation (~67%).
High-quality debt (AAA/AA ~100%).
Largest holding India (Republic of) (~4.7%).

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 Aug 26)	₹588.83 ↓ -0.19 (-0.03 %)
Net Assets (Cr)	₹18,189 on 31 Jul 26
Category	Debt - Ultrashort Bond
AMC	Birla Sun Life Asset Management Co Ltd
Rating	☆☆☆☆☆
Risk	Moderately Low
Expense Ratio	0.57
Sharpe Ratio	0.81
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	6 Months 18 Days
Modified Duration	5 Months 26 Days

Growth of 10,000 investment over the years.

Date	Value
31 Jul 21	₹10,000
31 Jul 22	₹10,383
31 Jul 23	₹11,089
31 Jul 24	₹11,914
31 Jul 25	₹12,876
31 Jul 26	₹13,681

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 Aug 26

Duration	Returns
1 Month	0.6%
3 Month	2%
6 Month	3.2%
1 Year	6.3%
3 Year	7.3%
5 Year	6.5%
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	12.12 Yr.
Kaustubh Gupta	15 Jul 11	15.06 Yr.
Monika Gandhi	22 Mar 21	5.36 Yr.

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

Asset Allocation

Asset Class	Value
Cash	33.37%
Debt	66.63%

Debt Sector Allocation

Sector	Value
Corporate	71.59%
Government	18.6%
Cash Equivalent	9.81%

Credit Quality

Rating	Value
AA	32.96%
AAA	67.04%

Top Securities Holdings / Portfolio

Name	Holding	Value	Quantity
India (Republic of) - \| -	5%	₹842 Cr	85,000,000
National Bank for Agriculture and Rural Development Domestic Bonds \| -	4%	₹729 Cr	15,300
Shriram Finance Limited Debentures \| -	3%	₹608 Cr	60,000
Bharti Telecom Limited Debentures \| -	2%	₹396 Cr	40,000
Muthoot Finance Limited Debentures \| -	2%	₹349 Cr	35,000
Indusind Bank Ltd. Debentures \| -	2%	₹345 Cr	7,100
Vedanta Limited Debentures \| -	2%	₹328 Cr	32,500
Mankind Pharma Limited Debentures \| -	2%	₹320 Cr	32,000
Avanse Financial Services Limited Debentures \| -	2%	₹300 Cr	30,000
Power Finance Corporation Limited Debentures \| -	2%	₹297 Cr	30,000

2. 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 (₹11,659 Cr).
Established history (24+ yrs).
Rating: 2★ (bottom quartile).
Risk profile: Low.
1Y return: 6.11% (lower mid).
1M return: 0.53% (lower mid).
Sharpe: 0.72 (upper mid).
Information ratio: 0.00 (top quartile).
Yield to maturity (debt): 7.31% (top quartile).
Modified duration: 0.47 yrs (lower mid).
Average maturity: 0.63 yrs (bottom quartile).
Exit load: NIL.
Top sector: Financial Services.
Higher exposure to Corporate (bond sector) vs peer median.
Conservative stance with elevated cash (~50%).
High-quality debt (AAA/AA ~100%).
Largest holding Tbill (~3.9%).

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 Aug 26)	₹4,313.84 ↓ -1.55 (-0.04 %)
Net Assets (Cr)	₹11,659 on 31 Jul 26
Category	Debt - Ultrashort Bond
AMC	Nippon Life Asset Management Ltd.
Rating	☆☆
Risk	Low
Expense Ratio	1.12
Sharpe Ratio	0.72
Information Ratio	0
Alpha Ratio	0
Min Investment	100
Min SIP Investment	100
Exit Load	NIL
Yield to Maturity	7.31%
Effective Maturity	7 Months 18 Days
Modified Duration	5 Months 18 Days

Growth of 10,000 investment over the years.

Date	Value
31 Jul 21	₹10,000
31 Jul 22	₹10,380
31 Jul 23	₹11,041
31 Jul 24	₹11,814
31 Jul 25	₹12,676
31 Jul 26	₹13,448

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 Aug 26

Duration	Returns
1 Month	0.5%
3 Month	1.8%
6 Month	3.2%
1 Year	6.1%
3 Year	6.8%
5 Year	6.1%
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	12.84 Yr.
Kinjal Desai	25 May 18	8.19 Yr.
Akshay Sharma	1 Dec 22	3.67 Yr.
Amber Singhania	11 Mar 26	0.39 Yr.

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

Asset Allocation

Asset Class	Value
Cash	50.19%
Debt	49.51%
Other	0.31%

Debt Sector Allocation

Sector	Value
Corporate	65.17%
Cash Equivalent	26.46%
Government	8.07%

Credit Quality

Rating	Value
AA	33.27%
AAA	66.73%

Top Securities Holdings / Portfolio

Name	Holding	Value	Quantity
Tbill Sovereign Bonds \| -	4%	₹397 Cr	40,000,000
Nirma Limited Debentures \| -	3%	₹347 Cr	34,600 ↑ 5,000
India (Republic of) - \| -	3%	₹274 Cr	27,500,000
Tbill Sovereign Bonds \| -	2%	₹248 Cr	25,000,000
Vedanta Limited Debentures \| -	2%	₹241 Cr	24,000
Indigrid Infrastructure Trust Debentures \| -	2%	₹240 Cr	2,400
Small Industries Development Bank of India Debentures \| -	2%	₹201 Cr	4,300
Embassy Office Parks Reit Debentures \| -	2%	₹200 Cr	2,000
HDFC Bank Ltd. Debentures \| -	2%	₹197 Cr	4,000
Axis Bank Ltd. Debentures \| -	2%	₹191 Cr	4,000 ↑ 4,000

3. 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

Upper mid AUM (₹15,708 Cr).
Established history (22+ yrs).
Rating: 3★ (upper mid).
Risk profile: Moderately Low.
1Y return: 5.95% (bottom quartile).
1M return: 0.49% (bottom quartile).
Sharpe: 0.40 (lower mid).
Information ratio: 0.00 (upper mid).
Yield to maturity (debt): 7.23% (upper mid).
Modified duration: 0.43 yrs (upper mid).
Average maturity: 0.56 yrs (lower mid).
Exit load: NIL.
Top sector: Financial Services.
Top bond sector: Corporate.
Conservative stance with elevated cash (~54%).
High-quality debt (AAA/AA ~100%).
Largest holding National Bank For Agriculture And Rural Development (~3.9%).

Below is the key information for Kotak Savings Fund

Kotak Savings Fund Growth
Launch Date	13 Aug 04
NAV (20 Aug 26)	₹45.8423 ↓ -0.02 (-0.04 %)
Net Assets (Cr)	₹15,708 on 31 Jul 26
Category	Debt - Ultrashort Bond
AMC	Kotak Mahindra Asset Management Co Ltd
Rating	☆☆☆
Risk	Moderately Low
Expense Ratio	0.81
Sharpe Ratio	0.4
Information Ratio	0
Alpha Ratio	0
Min Investment	5,000
Min SIP Investment	1,000
Exit Load	NIL
Yield to Maturity	7.23%
Effective Maturity	6 Months 22 Days
Modified Duration	5 Months 5 Days

Growth of 10,000 investment over the years.

Date	Value
31 Jul 21	₹10,000
31 Jul 22	₹10,342
31 Jul 23	₹11,012
31 Jul 24	₹11,782
31 Jul 25	₹12,648
31 Jul 26	₹13,398

Kotak 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 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 Aug 26

Duration	Returns
1 Month	0.5%
3 Month	1.8%
6 Month	3%
1 Year	5.9%
3 Year	6.8%
5 Year	6%
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	18.31 Yr.
Manu Sharma	1 Nov 22	3.75 Yr.

Data below for Kotak Savings Fund as on 31 Jul 26

Asset Allocation

Asset Class	Value
Cash	54.3%
Debt	45.39%
Other	0.31%

Debt Sector Allocation

Sector	Value
Corporate	60.1%
Government	20.04%
Cash Equivalent	19.54%

Credit Quality

Rating	Value
AA	18.3%
AAA	81.7%

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%	₹448 Cr	45,000,000
6.17% Govt Stock 2028 Sovereign Bonds \| -	2%	₹327 Cr	32,500,000
Mankind Pharma Limited Debentures \| -	2%	₹300 Cr	30,000
Muthoot Finance Limited Debentures \| -	2%	₹300 Cr	30,000
6.9% Maharashtra Sgs 2030 Sovereign Bonds \| -	2%	₹300 Cr	30,000,000
06/08/2026 Maturing 182 DTB Sovereign Bonds \| -	2%	₹249 Cr	25,000,000
RADHAKRISHNA SECURITISATION TRUST Unlisted bonds \| -	1%	₹204 Cr	210
Vedanta Limited Debentures \| -	1%	₹201 Cr	20,000
National Bank For Agriculture And Rural Development Debentures \| -	1%	₹200 Cr	20,000

4. 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 (₹15,455 Cr).
Established history (15+ yrs).
Rating: 3★ (upper mid).
Risk profile: Moderate.
1Y return: 6.20% (upper mid).
1M return: 0.54% (upper mid).
Sharpe: 0.81 (upper mid).
Information ratio: 0.00 (upper mid).
Yield to maturity (debt): 7.17% (upper mid).
Modified duration: 0.44 yrs (lower mid).
Average maturity: 0.55 yrs (lower mid).
Exit load: 0-1 Months (0.5%),1 Months and above(NIL).
Top sector: Energy.
Top bond sector: Corporate.
Conservative stance with elevated cash (~78%).
High-quality debt (AAA/AA ~100%).
Largest holding India (Republic of) (~3.1%).

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 Aug 26)	₹29.7043 ↓ -0.01 (-0.04 %)
Net Assets (Cr)	₹15,455 on 31 Jul 26
Category	Debt - Ultrashort Bond
AMC	ICICI Prudential Asset Management Company Limited
Rating	☆☆☆
Risk	Moderate
Expense Ratio	0.8
Sharpe Ratio	0.81
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	7.17%
Effective Maturity	6 Months 18 Days
Modified Duration	5 Months 8 Days

Growth of 10,000 investment over the years.

Date	Value
31 Jul 21	₹10,000
31 Jul 22	₹10,372
31 Jul 23	₹11,053
31 Jul 24	₹11,851
31 Jul 25	₹12,748
31 Jul 26	₹13,537

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 Aug 26

Duration	Returns
1 Month	0.5%
3 Month	1.9%
6 Month	3.2%
1 Year	6.2%
3 Year	7%
5 Year	6.3%
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	9.71 Yr.
Ritesh Lunawat	15 Jun 17	9.13 Yr.

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

Asset Allocation

Asset Class	Value
Cash	78.34%
Debt	21.35%
Other	0.31%

Debt Sector Allocation

Sector	Value
Corporate	63.08%
Cash Equivalent	44.48%

Credit Quality

Rating	Value
AA	20.64%
AAA	79.36%

Top Securities Holdings / Portfolio

Name	Holding	Value	Quantity
India (Republic of) - \| -	3%	₹494 Cr	50,000,000 ↑ 50,000,000
Small Industries Development Bank Of India Debentures \| -	2%	₹351 Cr	35,000
Vedanta Limited Debentures \| -	2%	₹343 Cr	34,000
National Bank For Agriculture And Rural Development Debentures \| -	2%	₹326 Cr	32,500
6.17% Govt Stock 2028 Sovereign Bonds \| -	2%	₹310 Cr	30,773,600
India (Republic of) - \| -	2%	₹296 Cr	30,000,000 ↑ 30,000,000
RADHAKRISHNA SECURITISATION TRUST Unlisted bonds \| -	2%	₹269 Cr	275 ↓ -25
Muthoot Finance Limited Debentures \| -	2%	₹251 Cr	25,000
AU Small Finance Bank Ltd. Debentures \| -	2%	₹242 Cr	5,000
Piramal Finance Limited Debentures \| -	1%	₹231 Cr	23,000

5. 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 (₹3,444 Cr).
Established history (22+ yrs).
Rating: 4★ (top quartile).
Risk profile: Moderately Low.
1Y return: 5.90% (bottom quartile).
1M return: 0.54% (upper mid).
Sharpe: 0.35 (bottom quartile).
Information ratio: 0.00 (upper mid).
Yield to maturity (debt): 7.13% (upper mid).
Modified duration: 0.47 yrs (bottom quartile).
Average maturity: 0.56 yrs (bottom quartile).
Exit load: NIL.
Higher exposure to Financial Services vs peer median.
Top bond sector: Corporate.
Conservative stance with elevated cash (~58%).
High-quality debt (AAA/AA ~100%).
Largest holding 26/11/2026 Maturing 364 DTB (~5.7%).

Below is the key information for UTI Ultra Short Term Fund

UTI Ultra Short Term Fund Growth
Launch Date	29 Aug 03
NAV (20 Aug 26)	₹4,528.51 ↓ -1.43 (-0.03 %)
Net Assets (Cr)	₹3,444 on 31 Jul 26
Category	Debt - Ultrashort Bond
AMC	UTI Asset Management Company Ltd
Rating	☆☆☆☆
Risk	Moderately Low
Expense Ratio	0.93
Sharpe Ratio	0.35
Information Ratio	0
Alpha Ratio	0
Min Investment	5,000
Min SIP Investment	500
Exit Load	NIL
Yield to Maturity	7.13%
Effective Maturity	6 Months 23 Days
Modified Duration	5 Months 20 Days

Growth of 10,000 investment over the years.

Date	Value
31 Jul 21	₹10,000
31 Jul 22	₹10,608
31 Jul 23	₹11,279
31 Jul 24	₹12,065
31 Jul 25	₹12,941
31 Jul 26	₹13,697

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 20 Aug 26

Duration	Returns
1 Month	0.5%
3 Month	1.8%
6 Month	3.1%
1 Year	5.9%
3 Year	6.7%
5 Year	6.5%
10 Year
15 Year
Since launch	6.8%

Historical performance (Yearly) on absolute basis

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

Fund Manager information for UTI Ultra Short Term Fund

Name	Since	Tenure
Anurag Mittal	21 Jul 26	0.03 Yr.

Data below for UTI Ultra Short Term Fund as on 31 Jul 26

Asset Allocation

Asset Class	Value
Cash	57.89%
Debt	41.73%
Other	0.39%

Debt Sector Allocation

Sector	Value
Corporate	58.23%
Government	20.9%
Cash Equivalent	20.49%

Credit Quality

Rating	Value
AA	24.75%
AAA	75.25%

Top Securities Holdings / Portfolio

Name	Holding	Value	Quantity
26/11/2026 Maturing 364 DTB Sovereign Bonds \| -	6%	₹196 Cr	2,000,000,000 ↑ 2,000,000,000
Axis Bank Ltd. Debentures \| -	4%	₹144 Cr	1,500,000,000
Jamnagar Utilities & Power Private Limited Debentures \| -	3%	₹100 Cr	1,000
Piramal Finance Limited Debentures \| -	3%	₹85 Cr	8,500
Nuvama Wealth Finance Limited Debentures \| -	2%	₹76 Cr	7,500
Godrej Properties Limited Debentures \| -	2%	₹75 Cr	7,500 ↑ 7,500
Bharti Telecom Limited Debentures \| -	2%	₹75 Cr	7,500
Piramal Finance Limited Debentures \| -	2%	₹75 Cr	7,500
TATA Communications Limited Debentures \| -	2%	₹75 Cr	7,500
360 One Prime Limited Debentures \| -	2%	₹75 Cr	7,500

6. LIC MF Liquid Fund

An open ended scheme which seeks to generate reasonable returns with low risk and high liquidity through a judicious mix of investment in money market instruments and quality debt instruments. However, there is no assurance that the investment objective of the Scheme will be realised.

Research Highlights for LIC MF Liquid Fund

Top quartile AUM (₹16,809 Cr).
Established history (24+ yrs).
Rating: 3★ (upper mid).
Risk profile: Low.
1Y return: 6.34% (top quartile).
1M return: 0.53% (bottom quartile).
Sharpe: 2.31 (top quartile).
Information ratio: 0.00 (lower mid).
Yield to maturity (debt): 7.12% (lower mid).
Modified duration: 0.17 yrs (top quartile).
Average maturity: 0.17 yrs (top quartile).
Exit load: NIL.
Top sector: Consumer Defensive.
Higher exposure to Cash Equivalent (bond sector) vs peer median.
Conservative stance with elevated cash (~97%).
High-quality debt (AAA/AA ~100%).
Largest holding Treps (~6.9%).

Below is the key information for LIC MF Liquid Fund

LIC MF Liquid Fund Growth
Launch Date	11 Mar 02
NAV (20 Aug 26)	₹5,058.9 ↑ 0.59 (0.01 %)
Net Assets (Cr)	₹16,809 on 31 Jul 26
Category	Debt - Liquid Fund
AMC	LIC Mutual Fund Asset Mgmt Co Ltd
Rating	☆☆☆
Risk	Low
Expense Ratio	0.22
Sharpe Ratio	2.31
Information Ratio	0
Alpha Ratio	0
Min Investment	5,000
Min SIP Investment	1,000
Exit Load	NIL
Yield to Maturity	7.12%
Effective Maturity	2 Months 1 Day
Modified Duration	2 Months 1 Day

Growth of 10,000 investment over the years.

Date	Value
31 Jul 21	₹10,000
31 Jul 22	₹10,361
31 Jul 23	₹11,037
31 Jul 24	₹11,847
31 Jul 25	₹12,673
31 Jul 26	₹13,472

LIC MF Liquid 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 LIC MF Liquid 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 Aug 26

Duration	Returns
1 Month	0.5%
3 Month	1.7%
6 Month	3.3%
1 Year	6.3%
3 Year	6.9%
5 Year	6.2%
10 Year
15 Year
Since launch	6.9%

Historical performance (Yearly) on absolute basis

Year	Returns
2024	6.4%
2023	7.4%
2022	7%
2021	4.7%
2020	3.3%
2019	4.3%
2018	6.5%
2017	7.3%
2016	6.6%
2015	7.6%

Fund Manager information for LIC MF Liquid Fund

Name	Since	Tenure
Rahul Singh	5 Oct 15	10.83 Yr.
Aakash Dhulia	1 Sep 25	0.91 Yr.

Data below for LIC MF Liquid Fund as on 31 Jul 26

Asset Allocation

Asset Class	Value
Cash	97.38%
Debt	2.43%
Other	0.19%

Debt Sector Allocation

Sector	Value
Cash Equivalent	81.11%
Government	13.97%
Corporate	4.73%

Credit Quality

Rating	Value
AAA	100%

Top Securities Holdings / Portfolio

Name	Holding	Value	Quantity
Treps CBLO/Reverse Repo \| -	7%	₹1,221 Cr
India (Republic of) - \| -	4%	₹672 Cr	67,500,000
India (Republic of) - \| -	3%	₹598 Cr	60,000,000
Axis Bank Ltd. Debentures \| -	3%	₹572 Cr	11,500 ↑ 6,500
Reliance Retail Ventures Limited Commercial Paper \| -	3%	₹496 Cr	10,000
NTPC Ltd. Commercial Paper \| -	3%	₹494 Cr	10,000
Motilal Oswal Financial Services Ltd Commercial Paper \| -	3%	₹494 Cr	10,000
Bank of Baroda Debentures \| -	2%	₹373 Cr	7,500 ↑ 2,500
Titan Co Ltd. Commercial Paper \| -	2%	₹371 Cr	7,500
India (Republic of) - \| -	2%	₹357 Cr	35,706,700

7. 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 (₹4,456 Cr).
Established history (20+ yrs).
Rating: 2★ (bottom quartile).
Risk profile: Moderately Low.
1Y return: 5.87% (bottom quartile).
1M return: 0.54% (upper mid).
Sharpe: 0.24 (bottom quartile).
Information ratio: 0.00 (lower mid).
Yield to maturity (debt): 7.07% (lower mid).
Modified duration: 0.47 yrs (bottom quartile).
Average maturity: 0.05 yrs (top 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 Tbill (~2.2%).

Below is the key information for DSP Money Manager Fund

DSP Money Manager Fund Growth
Launch Date	31 Jul 06
NAV (20 Aug 26)	₹3,636.74 ↓ -1.44 (-0.04 %)
Net Assets (Cr)	₹4,456 on 31 Jul 26
Category	Debt - Ultrashort Bond
AMC	DSP BlackRock Invmt Managers Pvt. Ltd.
Rating	☆☆
Risk	Moderately Low
Expense Ratio	1.02
Sharpe Ratio	0.24
Information Ratio	0
Alpha Ratio	0
Min Investment	1,000
Min SIP Investment	500
Exit Load	NIL
Yield to Maturity	7.07%
Effective Maturity	18 Days
Modified Duration	5 Months 19 Days

Growth of 10,000 investment over the years.

Date	Value
31 Jul 21	₹10,000
31 Jul 22	₹10,302
31 Jul 23	₹10,934
31 Jul 24	₹11,688
31 Jul 25	₹12,535
31 Jul 26	₹13,262

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 Aug 26

Duration	Returns
1 Month	0.5%
3 Month	1.8%
6 Month	3.2%
1 Year	5.9%
3 Year	6.7%
5 Year	5.8%
10 Year
15 Year
Since launch	6.6%

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	5.17 Yr.
Shalini Vasanta	1 Jan 25	1.58 Yr.

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

Asset Allocation

Asset Class	Value
Cash	58.99%
Debt	40.76%
Other	0.26%

Debt Sector Allocation

Sector	Value
Corporate	65.77%
Cash Equivalent	17.44%
Government	16.53%

Credit Quality

Rating	Value
AA	22.76%
AAA	77.24%

Top Securities Holdings / Portfolio

Name	Holding	Value	Quantity
Tbill Sovereign Bonds \| -	2%	₹99 Cr	10,000,000
Axis Bank Ltd. Debentures \| -	2%	₹97 Cr	2,000
Aditya Birla Renewables Limited Debentures \| -	2%	₹80 Cr	7,500
360 One Prime Limited Debentures \| -	2%	₹76 Cr	7,500
5.74% Govt Stock 2026 Sovereign Bonds \| -	2%	₹76 Cr	7,500,000
Piramal Finance Limited Debentures \| -	1%	₹59 Cr	5,500 ↓ -1,000
Nuvama Wealth Finance Limited Debentures \| -	1%	₹54 Cr	5,000
National Bank For Agriculture And Rural Development Debentures \| -	1%	₹53 Cr	5,000 ↑ 2,500
Nuvama Wealth And Investment Limited Debentures \| -	1%	₹53 Cr	5,000
8.24% Govt Stock 2027 Sovereign Bonds \| -	1%	₹52 Cr	5,000,000

8. 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 (₹1,073 Cr).
Established history (15+ yrs).
Rating: 3★ (lower mid).
Risk profile: Moderate.
1Y return: 6.08% (lower mid).
1M return: 0.58% (top quartile).
Sharpe: 0.56 (lower mid).
Information ratio: 0.00 (bottom quartile).
Yield to maturity (debt): 7.03% (bottom quartile).
Modified duration: 0.42 yrs (upper mid).
Average maturity: 0.44 yrs (upper mid).
Exit load: NIL.
Top bond sector: Corporate.
Conservative stance with elevated cash (~89%).
High-quality debt (AAA/AA ~100%).
Largest holding 17/09/2026 Maturing 364 DTB (~4.6%).

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 Aug 26)	₹2,887.23 ↓ -0.94 (-0.03 %)
Net Assets (Cr)	₹1,073 on 31 Jul 26
Category	Debt - Ultrashort Bond
AMC	Invesco Asset Management (India) Private Ltd
Rating	☆☆☆
Risk	Moderate
Expense Ratio	0.74
Sharpe Ratio	0.56
Information Ratio	0
Alpha Ratio	0
Min Investment	5,000
Min SIP Investment	1,000
Exit Load	NIL
Yield to Maturity	7.03%
Effective Maturity	5 Months 7 Days
Modified Duration	5 Months 3 Days

Growth of 10,000 investment over the years.

Date	Value
31 Jul 21	₹10,000
31 Jul 22	₹10,311
31 Jul 23	₹10,950
31 Jul 24	₹11,735
31 Jul 25	₹12,607
31 Jul 26	₹13,365

Invesco India 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 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 Aug 26

Duration	Returns
1 Month	0.6%
3 Month	1.9%
6 Month	3.3%
1 Year	6.1%
3 Year	6.9%
5 Year	6%
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	1 Jul 26	0.08 Yr.
Vikas Garg	1 Jul 26	0.08 Yr.

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

Asset Allocation

Asset Class	Value
Cash	88.56%
Debt	11.05%
Other	0.38%

Debt Sector Allocation

Sector	Value
Corporate	49.18%
Cash Equivalent	42.85%
Government	7.59%

Credit Quality

Rating	Value
AA	7.2%
AAA	92.8%

Top Securities Holdings / Portfolio

Name	Holding	Value	Quantity
17/09/2026 Maturing 364 DTB Sovereign Bonds \| -	5%	₹50 Cr	5,000,000
Axis Bank Ltd. Debentures \| -	5%	₹49 Cr	5,000,000 ↓ -2,500,000
TVS Credit Services Limited Debentures \| -	4%	₹40 Cr	4,000,000
Piramal Finance Limited Debentures \| -	2%	₹25 Cr	2,500,000
23/07/2026 Maturing 182 DTB Sovereign Bonds \| -	2%	₹25 Cr	2,500,000
Indostar Capital Finance Limited Debentures \| -	2%	₹20 Cr	2,000,000 ↑ 2,000,000
Godrej Properties Limited Debentures \| -	1%	₹15 Cr	1,500,000 ↑ 1,500,000
Summit Digitel Infrastructure Limited Debentures \| -	1%	₹10 Cr	1,000,000
Pipeline Infrastructure Limited Debentures \| -	1%	₹10 Cr	1,000,000
Axis Bank Ltd. Debentures \| -	1%	₹10 Cr	1,000,000

9. 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

Lower mid AUM (₹11,165 Cr).
Oldest track record among peers (27 yrs).
Rating: 3★ (lower mid).
Risk profile: Low.
1Y return: 6.14% (upper mid).
1M return: 0.54% (lower mid).
Sharpe: 0.71 (upper mid).
Information ratio: 0.00 (bottom quartile).
Yield to maturity (debt): 7.00% (bottom quartile).
Modified duration: 0.41 yrs (upper mid).
Average maturity: 0.68 yrs (bottom quartile).
Exit load: NIL.
Higher exposure to Financial Services vs peer median.
Top bond sector: Corporate.
Conservative stance with elevated cash (~75%).
High-quality debt (AAA/AA ~100%).
Largest holding India (Republic of) (~5.9%).

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 Aug 26)	₹6,400.59 ↓ -2.04 (-0.03 %)
Net Assets (Cr)	₹11,165 on 31 Jul 26
Category	Debt - Ultrashort Bond
AMC	SBI Funds Management Private Limited
Rating	☆☆☆
Risk	Low
Expense Ratio	0.54
Sharpe Ratio	0.71
Information Ratio	0
Alpha Ratio	0
Min Investment	5,000
Min SIP Investment	500
Exit Load	NIL
Yield to Maturity	7%
Effective Maturity	8 Months 5 Days
Modified Duration	4 Months 28 Days

Growth of 10,000 investment over the years.

Date	Value
31 Jul 21	₹10,000
31 Jul 22	₹10,343
31 Jul 23	₹11,025
31 Jul 24	₹11,820
31 Jul 25	₹12,707
31 Jul 26	₹13,483

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 Aug 26

Duration	Returns
1 Month	0.5%
3 Month	1.9%
6 Month	3.2%
1 Year	6.1%
3 Year	7%
5 Year	6.2%
10 Year
15 Year
Since launch	7%

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	1.21 Yr.

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

Asset Allocation

Asset Class	Value
Cash	74.91%
Debt	24.68%
Other	0.41%

Debt Sector Allocation

Sector	Value
Corporate	59.61%
Cash Equivalent	24.13%
Government	15.85%

Credit Quality

Rating	Value
AA	19.04%
AAA	80.96%

Top Securities Holdings / Portfolio

Name	Holding	Value	Quantity
India (Republic of) - \| -	6%	₹699 Cr	70,000,000
TATA Communications Limited Debentures \| -	5%	₹550 Cr	55,000
Muthoot Finance Limited Debentures \| -	3%	₹324 Cr	32,500 ↑ 10,000
Adani Power Limited Debentures \| -	3%	₹298 Cr	30,000
RADHAKRISHNA SECURITISATION TRUST Unlisted bonds \| -	2%	₹248 Cr	255
Muthoot Finance Limited Debentures \| -	2%	₹201 Cr	20,000
Oberoi Realty Limited Debentures \| -	1%	₹166 Cr	20,000
Eris Lifesciences Limited Debentures \| -	1%	₹150 Cr	15,000
7.03% Chhattisgarh Sdl 2026 Sovereign Bonds \| -	1%	₹150 Cr	15,000,000
TATA Motors Limited Debentures \| -	1%	₹150 Cr	1,500

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% (top quartile).
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 (upper mid).
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

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 Aug 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

Disclaimer:
ਇਹ ਯਕੀਨੀ ਬਣਾਉਣ ਲਈ ਸਾਰੇ ਯਤਨ ਕੀਤੇ ਗਏ ਹਨ ਕਿ ਇੱਥੇ ਦਿੱਤੀ ਗਈ ਜਾਣਕਾਰੀ ਸਹੀ ਹੈ। ਹਾਲਾਂਕਿ, ਡੇਟਾ ਦੀ ਸ਼ੁੱਧਤਾ ਬਾਰੇ ਕੋਈ ਗਾਰੰਟੀ ਨਹੀਂ ਦਿੱਤੀ ਗਈ ਹੈ। ਕਿਰਪਾ ਕਰਕੇ ਕੋਈ ਵੀ ਨਿਵੇਸ਼ ਕਰਨ ਤੋਂ ਪਹਿਲਾਂ ਸਕੀਮ ਜਾਣਕਾਰੀ ਦਸਤਾਵੇਜ਼ ਨਾਲ ਤਸਦੀਕ ਕਰੋ।