Table of Contents
- Recurring Deposit (RD)
- Features of RD Account
- RD Interest Rates
- RD Calculator
- RD Interest Calculator
- Conclusion
- Similar Alternatives
Top 10 Funds
- Nippon India Ultra Short Duration Fund
- UTI Ultra Short Term Fund
- ICICI Prudential Ultra Short Term Fund
- Aditya Birla Sun Life Savings Fund
- Kotak Savings Fund
- Invesco India Ultra Short Term Fund
- SBI Magnum Ultra Short Duration Fund
- Aditya Birla Sun Life Liquid Fund
- DSP BlackRock Money Manager Fund
- Principal Ultra Short Term Fund
What is a Recurring Deposit (RD)?
If you know how a Systematic Investment plan (SIP) of Mutual Funds works, then you will easily understand Recurring Deposits! In a Recurring Deposit (RD) a fixed instalment is made every month and interest is paid by the Bank on this amount. Let us understand more about RD account, RD Interest Rates, RD Calculator, RD interest calculator, etc.
Recurring Deposit (RD)
A recurring deposit is an investment cum savings option for those who want to save regularly over a certain period of time and earn a higher interest rate. Every month, a fixed amount of money is deducted either from a Savings Account or a current account. At the end of the maturity period, investors are paid back their invested funds with accrued interest.
At a public sector bank, an RD account can be opened with a minimum amount of as less as INR 100. While, at private sector banks the minimum amount to be deposited is INR 500 to INR 1000, whereas in a Post Office one can open an account at just INR 10. Some banks have an upper limit of INR 15 lakh, while others don’t have any such upper limit. The tenure for Recurring Deposit is a minimum of three months and maximum of 10 years.
Features of RD Account
- It inculcates a habit of savings amongst people
- The rate of interest in a Recurring Deposit is high
- RD schemes provide a stable and safe investment option irrespective of Market fluctuations
- Investors can close their RD account before the maturity period. But, during the premature withdrawals, investors may have to pay some amount in the form of penalty, depending on the bank.
- Investors can opt for loans up to 60-90% of the balance, against the Recurring Deposit
- The bank may discontinue an account on six missed instalments. But, if the outstanding amount is paid within a month from the last Default, it can be revived.
- Recurring Deposits come with a nomination Facility
- There is no TDS (Tax Deducted at source) in Recurring Deposits. The interest portion is taxable and will be added to an investor’s Income and taxed as per the relevant slab.
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RD Interest Rates
Almost all the major banks in India offer a Recurring Deposit account. The interest rate at every bank may vary, but it typically ranges between 2.75% to 7.50% p.a, and at the post office it is 7.4% (depending on prevailing market condition). Senior citizens get 0.5% extra. The interest rate, once determined does not change during the tenure. Investors who want to pay more than one instalment at a time, can do so.
RD Calculator
A Recurring Deposit calculator is a good way of calculating maturity amount on RD. You can follow this method to estimate your RD amount on maturity.
| RD Calculator | INR |
|---|---|
| Monthly Deposit Amount | 200 |
| RD in month | 60 |
| Rate of Interest | 8% |
| Interest compounding Frequency | Monthly |
| RD Maturity Amount | INR 1,47,933 |
RD Interest Calculator
With the help of RD interest calculator, customers can determine their potential Earnings. You need to decide the amount you want to invest monthly and the tenure of investment (example illustrated below).
| RD Interest Calculator | Calculation |
|---|---|
| Amount | INR 1000 |
| Interest Rate | 8% per annum |
| Period | 12 months |
Summary-
- Total Amount Paid-
INR 12,000 - Total Maturity Amount-
INR 12,530 - Total Interest Receivable-
INR 530
Conclusion
Recurring Deposit helps individuals' to get into a habit of saving regularly. If you haven’t made any investment so far, start with a Recurring Deposit. Also, it is a good avenue for creating an emergency fund or contingency fund. It is an ideal way to save a small amount of money every month for your short term and long term Financial goals.
Open a Recurring Deposit account today and save for tomorrow!
Similar Alternatives
In mutual funds one can earn more than RD's with similar safety on principal by Investing in Liquid or Ultra short bond funds as they invest in securities maturing from 30 days to year or so.
Liquid / Ultra Short Debt Mutual funds
(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. Nippon India Ultra Short Duration Fund is a Debt - Ultrashort Bond fund was launched on 7 Dec 01. It is a fund with Low risk and has given a Below is the key information for Nippon India Ultra Short Duration Fund Returns up to 1 year are on (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. UTI Ultra Short Term Fund is a Debt - Ultrashort Bond fund was launched on 29 Aug 03. It is a fund with Moderately Low risk and has given a Below is the key information for UTI Ultra Short Term Fund Returns up to 1 year are on (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. ICICI Prudential Ultra Short Term Fund is a Debt - Ultrashort Bond fund was launched on 3 May 11. It is a fund with Moderate risk and has given a Below is the key information for ICICI Prudential Ultra Short Term Fund Returns up to 1 year are on 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. Aditya Birla Sun Life Savings Fund is a Debt - Ultrashort Bond fund was launched on 16 Apr 03. It is a fund with Moderately Low risk and has given a Below is the key information for Aditya Birla Sun Life Savings Fund Returns up to 1 year are on (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. Kotak Savings Fund is a Debt - Ultrashort Bond fund was launched on 13 Aug 04. It is a fund with Moderately Low risk and has given a Below is the key information for Kotak Savings Fund Returns up to 1 year are on (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. Invesco India Ultra Short Term Fund is a Debt - Ultrashort Bond fund was launched on 30 Dec 10. It is a fund with Moderate risk and has given a Below is the key information for Invesco India Ultra Short Term Fund Returns up to 1 year are on (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. SBI Magnum Ultra Short Duration Fund is a Debt - Ultrashort Bond fund was launched on 21 May 99. It is a fund with Low risk and has given a Below is the key information for SBI Magnum Ultra Short Duration Fund Returns up to 1 year are on (Erstwhile Aditya Birla Sun Life Cash Plus Fund) An Open-ended liquid scheme with the objective to provide reasonable returns at a high level of safety and liquidity through judicious investments in high quality debt and money market instruments. Aditya Birla Sun Life Liquid Fund is a Debt - Liquid Fund fund was launched on 30 Mar 04. It is a fund with Low risk and has given a Below is the key information for Aditya Birla Sun Life Liquid Fund Returns up to 1 year are on "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." DSP BlackRock Money Manager Fund is a Debt - Ultrashort Bond fund was launched on 31 Jul 06. It is a fund with Moderately Low risk and has given a Below is the key information for DSP BlackRock Money Manager Fund Returns up to 1 year are on (Erstwhile Principal Retail Money Manager Fund) To generate steady return by investing in debt and money market securities.
The portfolio will be predominantly invested in overnight repo, CBLO, floating rate instruments and other fixed income instruments. Principal Ultra Short Term Fund is a Debt - Ultrashort Bond fund was launched on 28 Dec 07. It is a fund with Moderately Low risk and has given a Below is the key information for Principal Ultra Short Term Fund Returns up to 1 year are on 1. Nippon India Ultra Short Duration Fund
CAGR/Annualized return of 6% since its launch. Ranked 62 in Ultrashort Bond category. Return for 2022 was 4.6% , 2021 was 7.8% and 2020 was 4.9% . Nippon India Ultra Short Duration Fund
Growth Launch Date 7 Dec 01 NAV (26 May 23) ₹3,489.8 ↑ 0.54 (0.02 %) Net Assets (Cr) ₹5,103 on 30 Apr 23 Category Debt - Ultrashort Bond AMC Nippon Life Asset Management Ltd. Rating ☆☆ Risk Low Expense Ratio 1.12 Sharpe Ratio -1.2 Information Ratio 0 Alpha Ratio 0 Min Investment 100 Min SIP Investment 100 Exit Load NIL Yield to Maturity 7.62% Effective Maturity 5 Months 22 Days Modified Duration 5 Months 5 Days Growth of 10,000 investment over the years.
Date Value 30 Apr 18 ₹10,000 30 Apr 19 ₹10,666 30 Apr 20 ₹10,713 30 Apr 21 ₹11,294 30 Apr 22 ₹12,151 30 Apr 23 ₹12,820 Returns for Nippon India Ultra Short Duration Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 26 May 23 Duration Returns 1 Month 0.6% 3 Month 1.9% 6 Month 3.4% 1 Year 6.1% 3 Year 6.1% 5 Year 5.1% 10 Year 15 Year Since launch 6% Historical performance (Yearly) on absolute basis
Year Returns 2022 4.6% 2021 7.8% 2020 4.9% 2019 0.9% 2018 7.3% 2017 5.8% 2016 6.8% 2015 7.6% 2014 8.4% 2013 8.5% Fund Manager information for Nippon India Ultra Short Duration Fund
Name Since Tenure Vivek Sharma 1 Oct 13 9.58 Yr. Kinjal Desai 25 May 18 4.93 Yr. Data below for Nippon India Ultra Short Duration Fund as on 30 Apr 23
Asset Allocation
Asset Class Value Cash 68.99% Debt 31.01% Debt Sector Allocation
Sector Value Corporate 35.78% Cash Equivalent 33.87% Government 30.36% Credit Quality
Rating Value AA 19.16% AAA 80.84% Top Securities Holdings / Portfolio
Name Holding Value Quantity 182 DTB 07092023
Sovereign Bonds | -5% ₹244 Cr 25,000,000 182 DTB 10082023
Sovereign Bonds | -4% ₹196 Cr 20,000,000 Tata Realty And Infrastructure Limited
Debentures | -3% ₹150 Cr 1,500 Shriram Transport Finance Company Limited
Debentures | -2% ₹125 Cr 12,500
↑ 12,500 08.39 RJ UDAY 2024
Domestic Bonds | -2% ₹101 Cr 10,000,000 Reliance Industries Limited
Debentures | -2% ₹101 Cr 1,000 Shriram Housing Finance Limited
Debentures | -2% ₹100 Cr 1,000 182 DTB 14092023
Sovereign Bonds | -2% ₹97 Cr 10,000,000 Samvardhana Motherson International Limited
Debentures | -1% ₹75 Cr 750 Manappuram Finance Limited
Debentures | -1% ₹70 Cr 700 2. UTI Ultra Short Term Fund
CAGR/Annualized return of 6.8% since its launch. Ranked 27 in Ultrashort Bond category. Return for 2022 was 4.2% , 2021 was 6.1% and 2020 was 5.3% . UTI Ultra Short Term Fund
Growth Launch Date 29 Aug 03 NAV (26 May 23) ₹3,673.19 ↑ 0.49 (0.01 %) Net Assets (Cr) ₹2,190 on 30 Apr 23 Category Debt - Ultrashort Bond AMC UTI Asset Management Company Ltd Rating ☆☆☆☆ Risk Moderately Low Expense Ratio 0.95 Sharpe Ratio -1.59 Information Ratio 0 Alpha Ratio 0 Min Investment 5,000 Min SIP Investment 500 Exit Load NIL Yield to Maturity 7.57% Effective Maturity 5 Months 26 Days Modified Duration 5 Months 21 Days Growth of 10,000 investment over the years.
Date Value 30 Apr 18 ₹10,000 30 Apr 19 ₹10,733 30 Apr 20 ₹11,006 30 Apr 21 ₹11,522 30 Apr 22 ₹12,228 30 Apr 23 ₹12,879 Returns for UTI Ultra Short Term Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 26 May 23 Duration Returns 1 Month 0.6% 3 Month 1.9% 6 Month 3.4% 1 Year 5.9% 3 Year 5.3% 5 Year 5.2% 10 Year 15 Year Since launch 6.8% Historical performance (Yearly) on absolute basis
Year Returns 2022 4.2% 2021 6.1% 2020 5.3% 2019 3.3% 2018 7% 2017 6.6% 2016 8.9% 2015 8.5% 2014 8.8% 2013 9.8% Fund Manager information for UTI Ultra Short Term Fund
Name Since Tenure Ritesh Nambiar 1 Jul 15 7.84 Yr. Data below for UTI Ultra Short Term Fund as on 30 Apr 23
Asset Allocation
Asset Class Value Cash 68.76% Debt 31.24% Debt Sector Allocation
Sector Value Corporate 45.28% Cash Equivalent 38.14% Government 16.58% Credit Quality
Rating Value AA 15.04% AAA 84.96% Top Securities Holdings / Portfolio
Name Holding Value Quantity Bharti Hexacom Limited
Debentures | -3% ₹64 Cr 650
↑ 500 Bharti Telecom Limited
Debentures | -3% ₹59 Cr 600 Mahindra Rural Housing Finance Limited
Debentures | -2% ₹50 Cr 500 Reliance Industries Limited
Debentures | -2% ₹50 Cr 500 Embassy Office Parks Reit
Debentures | -2% ₹50 Cr 500 Torrent Power Limited
Debentures | -2% ₹49 Cr 500
↑ 500 National Bank For Agriculture And Rural Development
Debentures | -2% ₹49 Cr 500 Godrej Properties Limited
Debentures | -2% ₹49 Cr 490 182 DTB 07092023
Sovereign Bonds | -2% ₹49 Cr 500,000,000 182 DTB 14092023
Sovereign Bonds | -2% ₹49 Cr 500,000,000 3. ICICI Prudential Ultra Short Term Fund
CAGR/Annualized return of 7.5% since its launch. Ranked 27 in Ultrashort Bond category. Return for 2022 was 4.5% , 2021 was 4% and 2020 was 6.5% . ICICI Prudential Ultra Short Term Fund
Growth Launch Date 3 May 11 NAV (26 May 23) ₹23.8823 ↑ 0.00 (0.01 %) Net Assets (Cr) ₹12,645 on 30 Apr 23 Category Debt - Ultrashort Bond AMC ICICI Prudential Asset Management Company Limited Rating ☆☆☆ Risk Moderate Expense Ratio 0.93 Sharpe Ratio -0.94 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 7.57% Effective Maturity 5 Months 5 Days Modified Duration 4 Months 17 Days Growth of 10,000 investment over the years.
Date Value 30 Apr 18 ₹10,000 30 Apr 19 ₹10,787 30 Apr 20 ₹11,574 30 Apr 21 ₹12,307 30 Apr 22 ₹12,778 30 Apr 23 ₹13,502 Returns for ICICI Prudential Ultra Short Term Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 26 May 23 Duration Returns 1 Month 0.6% 3 Month 1.9% 6 Month 3.5% 1 Year 6.2% 3 Year 5.1% 5 Year 6.3% 10 Year 15 Year Since launch 7.5% Historical performance (Yearly) on absolute basis
Year Returns 2022 4.5% 2021 4% 2020 6.5% 2019 8.4% 2018 7.5% 2017 6.9% 2016 9.8% 2015 9.1% 2014 14.8% 2013 3.1% Fund Manager information for ICICI Prudential Ultra Short Term Fund
Name Since Tenure Manish Banthia 15 Nov 16 6.46 Yr. Ritesh Lunawat 15 Jun 17 5.88 Yr. Data below for ICICI Prudential Ultra Short Term Fund as on 30 Apr 23
Asset Allocation
Asset Class Value Cash 75.14% Debt 24.86% Debt Sector Allocation
Sector Value Corporate 50.89% Cash Equivalent 39.91% Government 9.2% Credit Quality
Rating Value AA 18.72% AAA 81.28% Top Securities Holdings / Portfolio
Name Holding Value Quantity 182 DTB 29062023
Sovereign Bonds | -5% ₹694 Cr 70,000,000 182 DTB 06072023
Sovereign Bonds | -4% ₹471 Cr 47,500,000 Sikka Ports & Terminals Limited
Debentures | -3% ₹375 Cr 3,750
↓ -250 Embassy Office Parks Reit
Debentures | -2% ₹272 Cr 2,750 National Bank For Agriculture And Rural Development
Debentures | -2% ₹259 Cr 2,600 Power Finance Corporation Ltd.
Debentures | -2% ₹244 Cr 2,450 Embassy Office Parks Reit
Debentures | -2% ₹200 Cr 2,000 Apollo Building Products Private Limited
Debentures | -2% ₹199 Cr 20,000 Tata Housing Development Company Limited
Debentures | -2% ₹196 Cr 19,500
↓ -500 Ongc Petro Additions Limited
Debentures | -1% ₹190 Cr 1,900 4. Aditya Birla Sun Life Savings Fund
CAGR/Annualized return of 7.4% since its launch. Ranked 6 in Ultrashort Bond category. Return for 2022 was 4.8% , 2021 was 3.9% and 2020 was 7% . Aditya Birla Sun Life Savings Fund
Growth Launch Date 16 Apr 03 NAV (26 May 23) ₹469.638 ↑ 0.11 (0.02 %) Net Assets (Cr) ₹14,525 on 30 Apr 23 Category Debt - Ultrashort Bond AMC Birla Sun Life Asset Management Co Ltd Rating ☆☆☆☆☆ Risk Moderately Low Expense Ratio 0.49 Sharpe Ratio -0.55 Information Ratio 0 Alpha Ratio 0 Min Investment 1,000 Min SIP Investment 1,000 Exit Load NIL Yield to Maturity 7.56% Effective Maturity 5 Months 16 Days Modified Duration 5 Months 8 Days Growth of 10,000 investment over the years.
Date Value 30 Apr 18 ₹10,000 30 Apr 19 ₹10,830 30 Apr 20 ₹11,630 30 Apr 21 ₹12,388 30 Apr 22 ₹12,890 30 Apr 23 ₹13,625 Returns for Aditya Birla Sun Life Savings Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 26 May 23 Duration Returns 1 Month 0.6% 3 Month 2% 6 Month 3.6% 1 Year 6.4% 3 Year 5.2% 5 Year 6.4% 10 Year 15 Year Since launch 7.4% Historical performance (Yearly) on absolute basis
Year Returns 2022 4.8% 2021 3.9% 2020 7% 2019 8.5% 2018 7.6% 2017 7.2% 2016 9.2% 2015 8.9% 2014 9.7% 2013 9.5% Fund Manager information for Aditya Birla Sun Life Savings Fund
Name Since Tenure Sunaina Cunha 14 Jun 14 8.88 Yr. Kaustubh Gupta 15 Jul 11 11.8 Yr. Monika Gandhi 22 Mar 21 2.11 Yr. Dhaval Joshi 21 Nov 22 0.44 Yr. Data below for Aditya Birla Sun Life Savings Fund as on 30 Apr 23
Asset Allocation
Asset Class Value Cash 61.38% Debt 38.62% Debt Sector Allocation
Sector Value Corporate 43.74% Cash Equivalent 30.82% Government 25.2% Securitized 0.24% Credit Quality
Rating Value AA 21.44% AAA 78.56% Top Securities Holdings / Portfolio
Name Holding Value Quantity 182 DTB 29062023
Sovereign Bonds | -6% ₹855 Cr 86,204,130
↓ -5,000,000 Housing Development Finance Corporation Ltd
Debentures | -4% ₹597 Cr 6,000 182 DTB 29092023
Sovereign Bonds | -3% ₹487 Cr 50,000,000 Hindalco Industries Limited
Debentures | -2% ₹350 Cr 35,000 Bharti Telecom Limited
Debentures | -2% ₹325 Cr 3,250 Shriram Finance Limited
Debentures | -2% ₹275 Cr 2,750 Sikka Ports & Terminals Limited
Debentures | -2% ₹252 Cr 2,520 Reliance Industries Limited
Debentures | -2% ₹251 Cr 2,500 National Bank For Agriculture And Rural Development
Debentures | -2% ₹250 Cr 2,500 Cholamandalam Investment And Fin. Co. Ltd
Debentures | -2% ₹250 Cr 2,500 5. Kotak Savings Fund
CAGR/Annualized return of 7.2% since its launch. Ranked 44 in Ultrashort Bond category. Return for 2022 was 4.5% , 2021 was 3.2% and 2020 was 5.8% . Kotak Savings Fund
Growth Launch Date 13 Aug 04 NAV (26 May 23) ₹37.1208 ↑ 0.01 (0.02 %) Net Assets (Cr) ₹10,606 on 30 Apr 23 Category Debt - Ultrashort Bond AMC Kotak Mahindra Asset Management Co Ltd Rating ☆☆☆ Risk Moderately Low Expense Ratio 0.44 Sharpe Ratio -1.06 Information Ratio 0 Alpha Ratio 0 Min Investment 5,000 Min SIP Investment 1,000 Exit Load NIL Yield to Maturity 7.54% Effective Maturity 9 Months 18 Days Modified Duration 6 Months 25 Days Growth of 10,000 investment over the years.
Date Value 30 Apr 18 ₹10,000 30 Apr 19 ₹10,787 30 Apr 20 ₹11,559 30 Apr 21 ₹12,122 30 Apr 22 ₹12,538 30 Apr 23 ₹13,229 Returns for Kotak Savings Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 26 May 23 Duration Returns 1 Month 0.6% 3 Month 1.9% 6 Month 3.5% 1 Year 6.1% 3 Year 4.5% 5 Year 5.8% 10 Year 15 Year Since launch 7.2% Historical performance (Yearly) on absolute basis
Year Returns 2022 4.5% 2021 3.2% 2020 5.8% 2019 7.8% 2018 7.4% 2017 6.7% 2016 8.2% 2015 8.6% 2014 9.4% 2013 8.9% Fund Manager information for Kotak Savings Fund
Name Since Tenure Deepak Agrawal 15 Apr 08 15.05 Yr. Vihag Mishra 30 Apr 22 1 Yr. Manu Sharma 1 Nov 22 0.5 Yr. Data below for Kotak Savings Fund as on 30 Apr 23
Asset Allocation
Asset Class Value Cash 61.16% Debt 38.84% Debt Sector Allocation
Sector Value Government 37.68% Corporate 37.01% Cash Equivalent 25.31% Credit Quality
Rating Value AA 11.04% AAA 88.96% Top Securities Holdings / Portfolio
Name Holding Value Quantity 182 DTB 07092023
Sovereign Bonds | -9% ₹1,121 Cr 114,500,010 182 DTB 14092023
Sovereign Bonds | -7% ₹880 Cr 90,000,010 6.75% Govt Stock 2024
Sovereign Bonds | -3% ₹389 Cr 39,000,000
↓ -1,000,000 Mahindra & Mahindra Financial Services Ltd
Debentures | -3% ₹349 Cr 3,500 Shriram Finance Limited
Debentures | -2% ₹245 Cr 2,450 182 DTB 10082023
Sovereign Bonds | -2% ₹226 Cr 23,000,000 Bajaj Finance Limited
Debentures | -2% ₹225 Cr 2,250 Rural Electrification Corporation Limited
Debentures | -2% ₹209 Cr 2,100 The Tata Power Company Limited
Debentures | -2% ₹200 Cr 2,000 Housing Development Finance Corporation Ltd
Debentures | -1% ₹175 Cr 1,750 6. Invesco India Ultra Short Term Fund
CAGR/Annualized return of 7.1% since its launch. Ranked 40 in Ultrashort Bond category. Return for 2022 was 4.1% , 2021 was 3% and 2020 was 5.1% . Invesco India Ultra Short Term Fund
Growth Launch Date 30 Dec 10 NAV (26 May 23) ₹2,330.16 ↑ 0.29 (0.01 %) Net Assets (Cr) ₹704 on 15 May 23 Category Debt - Ultrashort Bond AMC Invesco Asset Management (India) Private Ltd Rating ☆☆☆ Risk Moderate Expense Ratio 0.89 Sharpe Ratio -1.59 Information Ratio 0 Alpha Ratio 0 Min Investment 5,000 Min SIP Investment 1,000 Exit Load NIL Yield to Maturity 7.5% Effective Maturity 6 Months 4 Days Modified Duration 5 Months 18 Days Growth of 10,000 investment over the years.
Date Value 30 Apr 18 ₹10,000 30 Apr 19 ₹10,774 30 Apr 20 ₹11,513 30 Apr 21 ₹12,001 30 Apr 22 ₹12,378 30 Apr 23 ₹13,021 Returns for Invesco India Ultra Short Term Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 26 May 23 Duration Returns 1 Month 0.6% 3 Month 1.8% 6 Month 3.4% 1 Year 5.8% 3 Year 4% 5 Year 5.5% 10 Year 15 Year Since launch 7.1% Historical performance (Yearly) on absolute basis
Year Returns 2022 4.1% 2021 3% 2020 5.1% 2019 7.6% 2018 7.3% 2017 7.1% 2016 9.1% 2015 8.3% 2014 10.1% 2013 6.1% Fund Manager information for Invesco India Ultra Short Term Fund
Name Since Tenure Krishna Cheemalapati 4 Jan 20 3.32 Yr. Vikas Garg 27 Jul 21 1.76 Yr. Data below for Invesco India Ultra Short Term Fund as on 15 May 23
Asset Allocation
Asset Class Value Cash 56.98% Debt 43.02% Debt Sector Allocation
Sector Value Corporate 45.64% Cash Equivalent 29.31% Government 25.04% Credit Quality
Rating Value AA 12.05% AAA 87.95% Top Securities Holdings / Portfolio
Name Holding Value Quantity 182 DTB 14092023
Sovereign Bonds | -10% ₹73 Cr 7,500,000 182 DTB 31082023
Sovereign Bonds | -6% ₹39 Cr 4,000,000 Muthoot Finance Limited
Debentures | -4% ₹25 Cr 2,500,000 Bajaj Finance Limited
Debentures | -4% ₹25 Cr 2,500,000 Rec Limited
Debentures | -4% ₹25 Cr 2,500,000 Bharat Petroleum Corporation Ltd.
Debentures | -4% ₹25 Cr 2,500,000 National Bank For Agriculture And Rural Development
Debentures | -3% ₹25 Cr 2,500,000 Bharti Telecom Limited
Debentures | -2% ₹17 Cr 1,700,000 Pipeline Infrastructure Limited
Debentures | -2% ₹15 Cr 1,500,000 Power Grid Corporation Of India Limited
Debentures | -2% ₹15 Cr 1,500,000 7. SBI Magnum Ultra Short Duration Fund
CAGR/Annualized return of 7.1% since its launch. Return for 2022 was 4.5% , 2021 was 3.4% and 2020 was 5.9% . SBI Magnum Ultra Short Duration Fund
Growth Launch Date 21 May 99 NAV (26 May 23) ₹5,153.67 ↑ 0.87 (0.02 %) Net Assets (Cr) ₹11,493 on 30 Apr 23 Category Debt - Ultrashort Bond AMC SBI Funds Management Private Limited Rating ☆☆☆ Risk Low Expense Ratio 0.49 Sharpe Ratio -0.87 Information Ratio 0 Alpha Ratio 0 Min Investment 5,000 Min SIP Investment 500 Exit Load NIL Yield to Maturity 7.44% Effective Maturity 5 Months 26 Days Modified Duration 5 Months 12 Days Growth of 10,000 investment over the years.
Date Value 30 Apr 18 ₹10,000 30 Apr 19 ₹10,827 30 Apr 20 ₹11,622 30 Apr 21 ₹12,193 30 Apr 22 ₹12,621 30 Apr 23 ₹13,318 Returns for SBI Magnum Ultra Short Duration Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 26 May 23 Duration Returns 1 Month 0.6% 3 Month 1.9% 6 Month 3.5% 1 Year 6.2% 3 Year 4.5% 5 Year 5.9% 10 Year 15 Year Since launch 7.1% Historical performance (Yearly) on absolute basis
Year Returns 2022 4.5% 2021 3.4% 2020 5.9% 2019 8% 2018 7.9% 2017 6.6% 2016 7.7% 2015 8.3% 2014 9% 2013 9.3% Fund Manager information for SBI Magnum Ultra Short Duration Fund
Name Since Tenure Mohit Jain 30 Nov 17 5.42 Yr. Arun R. 1 Jul 21 1.83 Yr. Data below for SBI Magnum Ultra Short Duration Fund as on 30 Apr 23
Asset Allocation
Asset Class Value Cash 78.57% Debt 21.43% Debt Sector Allocation
Sector Value Cash Equivalent 59.11% Government 20.48% Corporate 20.41% Credit Quality
Rating Value AAA 100% Top Securities Holdings / Portfolio
Name Holding Value Quantity 91 DTB 03082023
Sovereign Bonds | -10% ₹1,202 Cr 122,000,000
↑ 122,000,000 182 DTB 22092023
Sovereign Bonds | -3% ₹439 Cr 45,000,000 91 DTB 01062023
Sovereign Bonds | -2% ₹282 Cr 28,331,000 182 DTB 31082023
Sovereign Bonds | -2% ₹245 Cr 25,000,000 182 DTB 14092023
Sovereign Bonds | -2% ₹196 Cr 20,000,000 09.63 AP Sdl 2024
Sovereign Bonds | -1% ₹184 Cr 18,100,000 Kotak Mahindra Prime Limited
Debentures | -1% ₹173 Cr 1,750 7.16% Govt Stock 2023
Sovereign Bonds | -1% ₹147 Cr 14,700,000 Bajaj Housing Finance Limited
Debentures | -1% ₹147 Cr 1,500
↑ 1,000 National Bank For Agriculture And Rural Development
Debentures | -1% ₹125 Cr 1,250 8. Aditya Birla Sun Life Liquid Fund
CAGR/Annualized return of 7% since its launch. Ranked 15 in Liquid Fund category. Return for 2022 was 4.8% , 2021 was 3.3% and 2020 was 4.3% . Aditya Birla Sun Life Liquid Fund
Growth Launch Date 30 Mar 04 NAV (26 May 23) ₹363.672 ↑ 0.07 (0.02 %) Net Assets (Cr) ₹39,131 on 30 Apr 23 Category Debt - Liquid Fund AMC Birla Sun Life Asset Management Co Ltd Rating ☆☆☆☆ Risk Low Expense Ratio 0.33 Sharpe Ratio -0.02 Information Ratio -4.07 Alpha Ratio -0.16 Min Investment 5,000 Min SIP Investment 500 Exit Load NIL Yield to Maturity 7.32% Effective Maturity 1 Month 20 Days Modified Duration 1 Month 20 Days Growth of 10,000 investment over the years.
Date Value 30 Apr 18 ₹10,000 30 Apr 19 ₹10,747 30 Apr 20 ₹11,403 30 Apr 21 ₹11,799 30 Apr 22 ₹12,202 30 Apr 23 ₹12,931 Returns for Aditya Birla Sun Life Liquid Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 26 May 23 Duration Returns 1 Month 0.6% 3 Month 1.8% 6 Month 3.5% 1 Year 6.3% 3 Year 4.3% 5 Year 5.3% 10 Year 15 Year Since launch 7% Historical performance (Yearly) on absolute basis
Year Returns 2022 4.8% 2021 3.3% 2020 4.3% 2019 6.7% 2018 7.4% 2017 6.7% 2016 7.7% 2015 8.4% 2014 9.2% 2013 9.3% Fund Manager information for Aditya Birla Sun Life Liquid Fund
Name Since Tenure Sunaina Cunha 15 Jul 11 11.8 Yr. Kaustubh Gupta 15 Jul 11 11.8 Yr. Sanjay Pawar 1 Jul 22 0.83 Yr. Dhaval Joshi 21 Nov 22 0.44 Yr. Data below for Aditya Birla Sun Life Liquid Fund as on 30 Apr 23
Asset Allocation
Asset Class Value Cash 100% Debt Sector Allocation
Sector Value Cash Equivalent 68.16% Corporate 17.34% Government 14.5% Credit Quality
Rating Value AA 0.09% AAA 99.91% Top Securities Holdings / Portfolio
Name Holding Value Quantity Reverse Repo
CBLO/Reverse Repo | -6% ₹2,622 Cr 7.16% Govt Stock 2023
Sovereign Bonds | -6% ₹2,433 Cr 243,337,000 91 DTB 13072023
Sovereign Bonds | -5% ₹1,908 Cr 192,921,400 Indian Bank
Certificate of Deposit | -4% ₹1,792 Cr 36,000 Bank Of Maharashtra
Certificate of Deposit | -2% ₹996 Cr 20,000 Dbs Bank India Limited
Certificate of Deposit | -2% ₹993 Cr 20,000 Indian Bank
Certificate of Deposit | -2% ₹991 Cr 20,000 Reliance Retail Ventures Limited
Commercial Paper | -2% ₹985 Cr 19,800 Net Receivables / (Payables)
CBLO | -2% -₹875 Cr ICICI Securities Limited
Commercial Paper | -2% ₹795 Cr 16,000 9. DSP BlackRock Money Manager Fund
CAGR/Annualized return of 6.7% since its launch. Ranked 75 in Ultrashort Bond category. Return for 2022 was 4.1% , 2021 was 2.9% and 2020 was 4.7% . DSP BlackRock Money Manager Fund
Growth Launch Date 31 Jul 06 NAV (26 May 23) ₹2,954.93 ↑ 0.47 (0.02 %) Net Assets (Cr) ₹2,625 on 30 Apr 23 Category Debt - Ultrashort Bond AMC DSP BlackRock Invmt Managers Pvt. Ltd. Rating ☆☆ Risk Moderately Low Expense Ratio 1.69 Sharpe Ratio -1.9 Information Ratio 0 Alpha Ratio 0 Min Investment 1,000 Min SIP Investment 500 Exit Load NIL Yield to Maturity 7.3% Effective Maturity 4 Months 24 Days Modified Duration 4 Months 13 Days Growth of 10,000 investment over the years.
Date Value 30 Apr 18 ₹10,000 30 Apr 19 ₹10,536 30 Apr 20 ₹11,243 30 Apr 21 ₹11,675 30 Apr 22 ₹12,027 30 Apr 23 ₹12,647 Returns for DSP BlackRock Money Manager Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 26 May 23 Duration Returns 1 Month 0.5% 3 Month 1.8% 6 Month 3.3% 1 Year 5.7% 3 Year 3.9% 5 Year 4.9% 10 Year 15 Year Since launch 6.7% Historical performance (Yearly) on absolute basis
Year Returns 2022 4.1% 2021 2.9% 2020 4.7% 2019 7.3% 2018 5% 2017 6% 2016 7.5% 2015 7.9% 2014 8.8% 2013 9.2% Fund Manager information for DSP BlackRock Money Manager Fund
Name Since Tenure Kedar Karnik 17 Jul 16 6.79 Yr. Karan Mundhra 31 May 21 1.92 Yr. Data below for DSP BlackRock Money Manager Fund as on 30 Apr 23
Asset Allocation
Asset Class Value Cash 83.56% Debt 16.44% Debt Sector Allocation
Sector Value Credit Quality
Rating Value AAA 100% Top Securities Holdings / Portfolio
Name Holding Value Quantity 182 DTB 14092023
Sovereign Bonds | -5% ₹122 Cr 12,500,000 National Bank For Agriculture And Rural Development
Debentures | -4% ₹98 Cr 1,000
↑ 1,000 182 DTB 22092023
Sovereign Bonds | -3% ₹93 Cr 9,500,000 182 DTB 06072023
Sovereign Bonds | -3% ₹74 Cr 7,500,000 182 DTB 07092023
Sovereign Bonds | -3% ₹73 Cr 7,500,000 Sikka Ports & Terminals Limited
Debentures | -1% ₹27 Cr 250 LIC Housing Finance Limited
Debentures | -1% ₹26 Cr 250 National Bank For Agriculture And Rural Development
Debentures | -1% ₹25 Cr 250
↑ 250 Power Finance Corporation Ltd.
Debentures | -1% ₹17 Cr 160 Goi 12.10.2023 Gov
Sovereign Bonds | -0% ₹5 Cr 563,000 10. Principal Ultra Short Term Fund
CAGR/Annualized return of 5.7% since its launch. Ranked 43 in Ultrashort Bond category. Return for 2022 was 3.7% , 2021 was 2.7% and 2020 was 4.1% . Principal Ultra Short Term Fund
Growth Launch Date 28 Dec 07 NAV (26 May 23) ₹2,361.02 ↑ 0.40 (0.02 %) Net Assets (Cr) ₹1,639 on 30 Apr 23 Category Debt - Ultrashort Bond AMC Principal Pnb Asset Mgmt. Co. Priv. Ltd. Rating ☆☆☆ Risk Moderately Low Expense Ratio 1.25 Sharpe Ratio -3.3 Information Ratio 0 Alpha Ratio 0 Min Investment 5,000 Min SIP Investment 2,000 Exit Load NIL Yield to Maturity 7.25% Effective Maturity 4 Months 23 Days Modified Duration 4 Months 15 Days Growth of 10,000 investment over the years.
Date Value 30 Apr 18 ₹10,000 30 Apr 19 ₹10,134 30 Apr 20 ₹10,714 30 Apr 21 ₹11,078 30 Apr 22 ₹11,375 30 Apr 23 ₹11,927 Returns for Principal Ultra Short Term Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 26 May 23 Duration Returns 1 Month 0.5% 3 Month 1.7% 6 Month 3.1% 1 Year 5.3% 3 Year 3.6% 5 Year 3.6% 10 Year 15 Year Since launch 5.7% Historical performance (Yearly) on absolute basis
Year Returns 2022 3.7% 2021 2.7% 2020 4.1% 2019 6.5% 2018 1.2% 2017 6.3% 2016 7.9% 2015 8.8% 2014 9.4% 2013 9.8% Fund Manager information for Principal Ultra Short Term Fund
Name Since Tenure Dwijendra Srivastava 16 May 22 0.96 Yr. Sandeep Agarwal 1 Jan 22 1.33 Yr. Data below for Principal Ultra Short Term Fund as on 30 Apr 23
Asset Allocation
Asset Class Value Cash 79.74% Debt 20.26% Debt Sector Allocation
Sector Value Government 37.3% Cash Equivalent 35.61% Corporate 27.09% Credit Quality
Rating Value AAA 100% Top Securities Holdings / Portfolio
Name Holding Value Quantity 182 DTB 22092023
Sovereign Bonds | -8% ₹132 Cr 13,500,000 182 DTB 17082023
Sovereign Bonds | -3% ₹49 Cr 5,000,000 182 DTB 24082023
Sovereign Bonds | -3% ₹49 Cr 5,000,000 364 DTB 07032024
Sovereign Bonds | -3% ₹47 Cr 5,000,000 Cholamandalam Investment & Finance Co Ltd. 8.25%
Debentures | -1% ₹25 Cr 250,000
↑ 250,000 ICICI Bank Limited
Debentures | -1% ₹20 Cr 200 National Housing Bank
Debentures | -1% ₹15 Cr 1,500 182 DTB 15062023
Sovereign Bonds | -0% ₹5 Cr 500,000 364 DTB 24082023
Sovereign Bonds | -0% ₹5 Cr 500,000 Reverse Repo
CBLO/Reverse Repo | -9% ₹147 Cr
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.
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