+91-22-48913909What 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.
Fund Selection Methodology used to find 10 funds
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. Below is the key information for Nippon India Ultra Short Duration 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. Research Highlights for Aditya Birla Sun Life Savings Fund 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. Research Highlights for Kotak Savings Fund Below is the key information for Kotak Savings 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. Research Highlights for ICICI Prudential Ultra Short Term Fund Below is the key information for ICICI Prudential Ultra Short Term 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. Research Highlights for Invesco India Ultra Short Term Fund Below is the key information for Invesco India Ultra Short Term 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." Research Highlights for DSP Money Manager Fund Below is the key information for DSP Money Manager Fund Returns up to 1 year are on (Erstwhile Canara Robeco Treasury Advantage Fund) To generate income/capital appreciation through a low risk strategy by investment in Money Market Instruments (MMI). However, there can be no assurance that the investment objective of the scheme will be realized. Research Highlights for Canara Robeco Ultra Short Term Fund Below is the key information for Canara Robeco Ultra Short Term Fund Returns up to 1 year are on 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 Below is the key information for IDBI Ultra Short Term 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. Research Highlights for UTI Ultra Short Term Fund Below is the key information for UTI Ultra Short Term Fund Returns up to 1 year are on (Erstwhile Reliance Liquid Fund - Treasury 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 Liquid Fund Below is the key information for Nippon India Liquid Fund Returns up to 1 year are on 1. Nippon India Ultra Short Duration Fund
Nippon India Ultra Short Duration Fund
Growth Launch Date 7 Dec 01 NAV (17 Apr 26) ₹4,226.49 ↑ 0.83 (0.02 %) Net Assets (Cr) ₹10,672 on 28 Feb 26 Category Debt - Ultrashort Bond AMC Nippon Life Asset Management Ltd. Rating ☆☆ Risk Low Expense Ratio 1.12 Sharpe Ratio 1.9 Information Ratio 0 Alpha Ratio 0 Min Investment 100 Min SIP Investment 100 Exit Load NIL Yield to Maturity 7.27% Effective Maturity 7 Months 28 Days Modified Duration 5 Months 13 Days Growth of 10,000 investment over the years.
Date Value 31 Mar 21 ₹10,000 31 Mar 22 ₹10,771 31 Mar 23 ₹11,330 31 Mar 24 ₹12,115 31 Mar 25 ₹12,989 31 Mar 26 ₹13,802 Returns for Nippon India Ultra Short Duration Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 17 Apr 26 Duration Returns 1 Month 0.8% 3 Month 1.7% 6 Month 3% 1 Year 6.3% 3 Year 6.8% 5 Year 6.7% 10 Year 15 Year Since launch 6.1% Historical performance (Yearly) on absolute basis
Year Returns 2025 6.8% 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% Fund Manager information for Nippon India Ultra Short Duration Fund
Name Since Tenure Vivek Sharma 1 Oct 13 12.51 Yr. Kinjal Desai 25 May 18 7.86 Yr. Akshay Sharma 1 Dec 22 3.33 Yr. Amber Singhania 11 Mar 26 0.06 Yr. Data below for Nippon India Ultra Short Duration Fund as on 28 Feb 26
Asset Allocation
Asset Class Value Cash 50.7% Debt 48.98% Other 0.32% Debt Sector Allocation
Sector Value Corporate 71.28% Cash Equivalent 24.39% Government 4% Credit Quality
Rating Value AA 35.75% AAA 64.25% Top Securities Holdings / Portfolio
Name Holding Value Quantity 16/04/2026 Maturing 182 DTB
Sovereign Bonds | -3% ₹249 Cr 25,000,000 Vedanta Limited
Debentures | -3% ₹240 Cr 24,000 TATA Communications Limited
Debentures | -2% ₹225 Cr 22,500 30/04/2026 Maturing 182 DTB
Sovereign Bonds | -2% ₹214 Cr 21,500,000 Aadhar Housing Finance Limited
Debentures | -2% ₹200 Cr 20,000 10/04/2026 Maturing 364 DTB
Sovereign Bonds | -2% ₹200 Cr 20,000,000 Embassy Office Parks Reit
Debentures | -2% ₹199 Cr 2,000 L&T Metro Rail (Hyderabad) Limited
Debentures | -2% ₹195 Cr 1,950 Piramal Finance Limited
Debentures | -2% ₹181 Cr 18,000 Interise TRust
Debentures | -2% ₹178 Cr 19,500 2. Aditya Birla Sun Life Savings Fund
Aditya Birla Sun Life Savings Fund
Growth Launch Date 16 Apr 03 NAV (17 Apr 26) ₹576.235 ↑ 0.15 (0.03 %) Net Assets (Cr) ₹21,467 on 28 Feb 26 Category Debt - Ultrashort Bond AMC Birla Sun Life Asset Management Co Ltd Rating ☆☆☆☆☆ Risk Moderately Low Expense Ratio 0.55 Sharpe Ratio 2.39 Information Ratio 0 Alpha Ratio 0 Min Investment 1,000 Min SIP Investment 1,000 Exit Load NIL Yield to Maturity 7.14% Effective Maturity 6 Months 18 Days Modified Duration 5 Months 23 Days Growth of 10,000 investment over the years.
Date Value 31 Mar 21 ₹10,000 31 Mar 22 ₹10,417 31 Mar 23 ₹10,981 31 Mar 24 ₹11,796 31 Mar 25 ₹12,712 31 Mar 26 ₹13,570 Returns for Aditya Birla Sun Life Savings Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 17 Apr 26 Duration Returns 1 Month 0.7% 3 Month 1.7% 6 Month 3% 1 Year 6.6% 3 Year 7.3% 5 Year 6.4% 10 Year 15 Year Since launch 7.4% Historical performance (Yearly) on absolute basis
Year Returns 2025 7.4% 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% Fund Manager information for Aditya Birla Sun Life Savings Fund
Name Since Tenure Sunaina Cunha 20 Jun 14 11.79 Yr. Kaustubh Gupta 15 Jul 11 14.72 Yr. Monika Gandhi 22 Mar 21 5.03 Yr. Data below for Aditya Birla Sun Life Savings Fund as on 28 Feb 26
Asset Allocation
Asset Class Value Cash 26.78% Debt 72.88% Other 0.34% Debt Sector Allocation
Sector Value Corporate 68% Government 16.89% Cash Equivalent 14.77% Credit Quality
Rating Value AA 30.53% AAA 69.47% Top Securities Holdings / Portfolio
Name Holding Value Quantity National Bank for Agriculture and Rural Development
Domestic Bonds | -4% ₹748 Cr 16,000
↑ 16,000 Indusind Bank Ltd.
Debentures | -4% ₹712 Cr 15,000 Punjab National Bank
Domestic Bonds | -3% ₹654 Cr 14,000
↑ 14,000 Shriram Finance Limited
Debentures | -3% ₹607 Cr 60,000 National Bank For Agriculture And Rural Development
Debentures | -3% ₹489 Cr 49,000
↓ -5,000 Bharti Telecom Limited
Debentures | -2% ₹396 Cr 40,000 Muthoot Finance Limited
Debentures | -2% ₹350 Cr 35,000 Mankind Pharma Limited
Debentures | -2% ₹321 Cr 32,000 Avanse Financial Services Limited
Debentures | -2% ₹300 Cr 30,000 Power Finance Corporation Limited
Debentures | -2% ₹295 Cr 30,000 3. Kotak Savings Fund
Kotak Savings Fund
Growth Launch Date 13 Aug 04 NAV (17 Apr 26) ₹44.9378 ↑ 0.00 (0.01 %) Net Assets (Cr) ₹16,105 on 28 Feb 26 Category Debt - Ultrashort Bond AMC Kotak Mahindra Asset Management Co Ltd Rating ☆☆☆ Risk Moderately Low Expense Ratio 0.81 Sharpe Ratio 1.8 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 6 Months 18 Days Modified Duration 5 Months 23 Days Growth of 10,000 investment over the years.
Date Value 31 Mar 21 ₹10,000 31 Mar 22 ₹10,344 31 Mar 23 ₹10,881 31 Mar 24 ₹11,642 31 Mar 25 ₹12,480 31 Mar 26 ₹13,272 Returns for Kotak Savings Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 17 Apr 26 Duration Returns 1 Month 0.7% 3 Month 1.6% 6 Month 2.9% 1 Year 6.2% 3 Year 6.8% 5 Year 5.9% 10 Year 15 Year Since launch 7.2% Historical performance (Yearly) on absolute basis
Year Returns 2025 6.8% 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% Fund Manager information for Kotak Savings Fund
Name Since Tenure Deepak Agrawal 15 Apr 08 17.97 Yr. Manu Sharma 1 Nov 22 3.42 Yr. Data below for Kotak Savings Fund as on 28 Feb 26
Asset Allocation
Asset Class Value Cash 53.34% Debt 46.35% Other 0.31% Debt Sector Allocation
Sector Value Corporate 59.87% Government 20.43% Cash Equivalent 19.39% Credit Quality
Rating Value AA 13.57% AAA 86.43% Top Securities Holdings / Portfolio
Name Holding Value Quantity National Bank For Agriculture And Rural Development
Debentures | -4% ₹576 Cr 57,500 Tamil Nadu (Government of) 0.0654%
- | -3% ₹446 Cr 45,000,000 Mankind Pharma Limited
Debentures | -2% ₹301 Cr 30,000 6.9% Maharashtra Sgs 2030
Sovereign Bonds | -2% ₹297 Cr 30,000,000 Indusind Bank Ltd.
Debentures | -2% ₹285 Cr 30,000 06/08/2026 Maturing 182 DTB
Sovereign Bonds | -2% ₹245 Cr 25,000,000 6.22% Govt Stock 2028
Sovereign Bonds | -2% ₹227 Cr 22,500,000 RADHAKRISHNA SECURITISATION TRUST
Unlisted bonds | -1% ₹206 Cr 210 Vedanta Limited
Debentures | -1% ₹200 Cr 20,000 National Bank For Agriculture And Rural Development
Debentures | -1% ₹200 Cr 20,000 4. ICICI Prudential Ultra Short Term Fund
ICICI Prudential Ultra Short Term Fund
Growth Launch Date 3 May 11 NAV (17 Apr 26) ₹29.0883 ↑ 0.01 (0.02 %) Net Assets (Cr) ₹14,897 on 15 Mar 26 Category Debt - Ultrashort Bond AMC ICICI Prudential Asset Management Company Limited Rating ☆☆☆ Risk Moderate Expense Ratio 0.8 Sharpe Ratio 2.28 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 7.11% Effective Maturity 6 Months 14 Days Modified Duration 5 Months 8 Days Growth of 10,000 investment over the years.
Date Value 31 Mar 21 ₹10,000 31 Mar 22 ₹10,396 31 Mar 23 ₹10,949 31 Mar 24 ₹11,737 31 Mar 25 ₹12,601 31 Mar 26 ₹13,426 Returns for ICICI Prudential Ultra Short Term Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 17 Apr 26 Duration Returns 1 Month 0.8% 3 Month 1.7% 6 Month 3% 1 Year 6.5% 3 Year 7.1% 5 Year 6.1% 10 Year 15 Year Since launch 7.4% Historical performance (Yearly) on absolute basis
Year Returns 2025 7.1% 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% Fund Manager information for ICICI Prudential Ultra Short Term Fund
Name Since Tenure Manish Banthia 15 Nov 16 9.38 Yr. Ritesh Lunawat 15 Jun 17 8.8 Yr. Data below for ICICI Prudential Ultra Short Term Fund as on 15 Mar 26
Asset Allocation
Asset Class Value Cash 56.35% Debt 43.32% Other 0.32% Debt Sector Allocation
Sector Value Corporate 68.41% Cash Equivalent 18.77% Government 12.49% Credit Quality
Rating Value AA 20.78% AAA 79.22% Top Securities Holdings / Portfolio
Name Holding Value Quantity RADHAKRISHNA SECURITISATION TRUST
Unlisted bonds | -3% ₹453 Cr 450 Vedanta Limited
Debentures | -2% ₹351 Cr 35,000 Goi Floating Rate Bond 2028
Sovereign Bonds | -2% ₹311 Cr 30,773,600 Muthoot Finance Ltd
Debentures | -2% ₹297 Cr 29,500
↓ -500 Piramal Finance Limited
Debentures | -2% ₹246 Cr 24,500 AU Small Finance Bank Ltd.
Debentures | -2% ₹236 Cr 5,000 National Bank For Agriculture And Rural Development
Debentures | -1% ₹201 Cr 20,000 Motilal Oswal Home Finance Limited
Debentures | -1% ₹200 Cr 20,000 Nuvama Wealth Finance Limited
Debentures | -1% ₹200 Cr 20,000 Small Industries Development Bank Of India
Debentures | -1% ₹200 Cr 20,000 5. Invesco India Ultra Short Term Fund
Invesco India Ultra Short Term Fund
Growth Launch Date 30 Dec 10 NAV (17 Apr 26) ₹2,827.67 ↑ 0.50 (0.02 %) Net Assets (Cr) ₹1,292 on 28 Feb 26 Category Debt - Ultrashort Bond AMC Invesco Asset Management (India) Private Ltd Rating ☆☆☆ Risk Moderate Expense Ratio 0.74 Sharpe Ratio 1.54 Information Ratio 0 Alpha Ratio 0 Min Investment 5,000 Min SIP Investment 1,000 Exit Load NIL Yield to Maturity 6.95% Effective Maturity 5 Months 10 Days Modified Duration 5 Months 2 Days Growth of 10,000 investment over the years.
Date Value 31 Mar 21 ₹10,000 31 Mar 22 ₹10,320 31 Mar 23 ₹10,819 31 Mar 24 ₹11,592 31 Mar 25 ₹12,436 31 Mar 26 ₹13,198 Returns for Invesco India Ultra Short Term Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 17 Apr 26 Duration Returns 1 Month 0.8% 3 Month 1.7% 6 Month 3% 1 Year 6.2% 3 Year 6.9% 5 Year 5.8% 10 Year 15 Year Since launch 7% Historical performance (Yearly) on absolute basis
Year Returns 2025 6.8% 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% Fund Manager information for Invesco India Ultra Short Term Fund
Name Since Tenure Krishna Cheemalapati 4 Jan 20 6.24 Yr. Vikas Garg 27 Jul 21 4.68 Yr. Data below for Invesco India Ultra Short Term Fund as on 28 Feb 26
Asset Allocation
Asset Class Value Cash 47.94% Debt 51.65% Other 0.42% Debt Sector Allocation
Sector Value Corporate 54.31% Cash Equivalent 29.72% Government 15.55% Credit Quality
Rating Value AA 15.72% AAA 84.28% Top Securities Holdings / Portfolio
Name Holding Value Quantity National Bank For Agriculture And Rural Development
Debentures | -10% ₹100 Cr 10,000,000 Rec Limited
Debentures | -8% ₹75 Cr 7,500,000 Small Industries Development Bank Of India
Debentures | -7% ₹65 Cr 6,500,000 Export Import Bank Of India
Debentures | -5% ₹50 Cr 5,000,000 Sundaram Home Finance Limited
Debentures | -4% ₹35 Cr 3,500,000 Power Finance Corporation Limited
Debentures | -4% ₹35 Cr 3,500,000 Manappuram Finance Limited
Debentures | -3% ₹28 Cr 2,800,000 Piramal Finance Limited
Debentures | -3% ₹25 Cr 2,500,000 Aadhar Housing Finance Limited
Debentures | -3% ₹25 Cr 2,500,000 TATA Projects Limited
Debentures | -3% ₹25 Cr 2,500,000 6. DSP Money Manager Fund
DSP Money Manager Fund
Growth Launch Date 31 Jul 06 NAV (17 Apr 26) ₹3,565.79 ↑ 0.12 (0.00 %) Net Assets (Cr) ₹3,714 on 28 Feb 26 Category Debt - Ultrashort Bond AMC DSP BlackRock Invmt Managers Pvt. Ltd. Rating ☆☆ Risk Moderately Low Expense Ratio 1.02 Sharpe Ratio 0.95 Information Ratio 0 Alpha Ratio 0 Min Investment 1,000 Min SIP Investment 500 Exit Load NIL Yield to Maturity 6.93% Effective Maturity 7 Months 10 Days Modified Duration 5 Months 5 Days Growth of 10,000 investment over the years.
Date Value 31 Mar 21 ₹10,000 31 Mar 22 ₹10,306 31 Mar 23 ₹10,803 31 Mar 24 ₹11,544 31 Mar 25 ₹12,369 31 Mar 26 ₹13,094 Returns for DSP Money Manager Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 17 Apr 26 Duration Returns 1 Month 0.9% 3 Month 1.7% 6 Month 2.9% 1 Year 6% 3 Year 6.7% 5 Year 5.6% 10 Year 15 Year Since launch 6.7% Historical performance (Yearly) on absolute basis
Year Returns 2025 6.7% 2024 6.9% 2023 6.7% 2022 4.1% 2021 2.9% 2020 4.7% 2019 7.3% 2018 5% 2017 6% 2016 7.5% Fund Manager information for DSP Money Manager Fund
Name Since Tenure Karan Mundhra 31 May 21 4.84 Yr. Shalini Vasanta 1 Jan 25 1.24 Yr. Data below for DSP Money Manager Fund as on 28 Feb 26
Asset Allocation
Asset Class Value Cash 58.55% Debt 41.01% Other 0.44% Debt Sector Allocation
Sector Value Corporate 71.22% Cash Equivalent 16.06% Government 12.28% Credit Quality
Rating Value AA 23.6% AAA 76.4% Top Securities Holdings / Portfolio
Name Holding Value Quantity National Bank For Agriculture And Rural Development
Debentures | -6% ₹231 Cr 22,000 Godrej Properties Limited
Debentures | -4% ₹133 Cr 12,500 5.63% Govt Stock 2026
Sovereign Bonds | -2% ₹87 Cr 8,500,000
↑ 5,000,000 Aditya Birla Renewables Limited
Debentures | -2% ₹78 Cr 7,500 Rec Limited
Debentures | -2% ₹78 Cr 7,500 Aadhar Housing Finance Limited
Debentures | -2% ₹77 Cr 7,200 Nuvama Wealth Finance Limited
Debentures | -1% ₹53 Cr 5,000 Cholamandalam Investment And Finance Company Limited
Debentures | -1% ₹53 Cr 5,000 Rec Limited
Debentures | -1% ₹52 Cr 5,000 Power Finance Corporation Limited
Debentures | -1% ₹52 Cr 5,000 7. Canara Robeco Ultra Short Term Fund
Canara Robeco Ultra Short Term Fund
Growth Launch Date 14 Jul 08 NAV (17 Apr 26) ₹3,974.55 ↑ 0.38 (0.01 %) Net Assets (Cr) ₹544 on 15 Mar 26 Category Debt - Ultrashort Bond AMC Canara Robeco Asset Management Co. Ltd. Rating ☆☆ Risk Low Expense Ratio 0.94 Sharpe Ratio 0.72 Information Ratio 0 Alpha Ratio 0 Min Investment 5,000 Min SIP Investment 1,000 Exit Load NIL Yield to Maturity 6.9% Effective Maturity 1 Year 1 Month 15 Days Modified Duration 4 Months 21 Days Growth of 10,000 investment over the years.
Date Value 31 Mar 21 ₹10,000 31 Mar 22 ₹10,280 31 Mar 23 ₹10,764 31 Mar 24 ₹11,467 31 Mar 25 ₹12,256 31 Mar 26 ₹12,970 Returns for Canara Robeco Ultra Short Term Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 17 Apr 26 Duration Returns 1 Month 0.8% 3 Month 1.7% 6 Month 2.9% 1 Year 5.9% 3 Year 6.5% 5 Year 5.4% 10 Year 15 Year Since launch 6.8% Historical performance (Yearly) on absolute basis
Year Returns 2025 6.5% 2024 6.8% 2023 6.4% 2022 3.9% 2021 2.6% 2020 4.5% 2019 6.6% 2018 6.1% 2017 5.7% 2016 7.3% Fund Manager information for Canara Robeco Ultra Short Term Fund
Name Since Tenure Avnish Jain 1 Apr 22 4 Yr. Kunal Jain 16 Sep 24 1.54 Yr. Data below for Canara Robeco Ultra Short Term Fund as on 15 Mar 26
Asset Allocation
Asset Class Value Cash 55.43% Debt 44.2% Other 0.37% Debt Sector Allocation
Sector Value Corporate 56.36% Cash Equivalent 22.8% Government 20.47% Credit Quality
Rating Value AAA 100% Top Securities Holdings / Portfolio
Name Holding Value Quantity National Bank For Agriculture And Rural Development
Debentures | -9% ₹45 Cr 4,500 Kotak Mahindra Prime Limited
Debentures | -5% ₹25 Cr 2,500 Rec Limited
Debentures | -5% ₹25 Cr 2,500
↓ -2,500 Power Finance Corporation Limited
Debentures | -5% ₹25 Cr 250 Small Industries Development Bank Of India
Debentures | -5% ₹25 Cr 2,500 LIC Housing Finance Ltd
Debentures | -5% ₹25 Cr 250 Power Finance Corporation Limited
Debentures | -4% ₹20 Cr 2,000 Small Industries Development Bank Of India
Debentures | -4% ₹20 Cr 2,000 6.75% Govt Stock 2033
Sovereign Bonds | -1% ₹5 Cr 500,000
↓ -4,500,000 Corporate Debt Market Development Fund Class A2
- | -0% ₹2 Cr 1,529 8. IDBI Ultra Short Term Fund
IDBI Ultra Short Term Fund
Growth Launch Date 3 Sep 10 NAV (28 Jul 23) ₹2,424.68 ↑ 0.44 (0.02 %) Net Assets (Cr) ₹146 on 30 Jun 23 Category Debt - Ultrashort Bond AMC IDBI Asset Management Limited Rating ☆ Risk Moderately Low Expense Ratio 0.6 Sharpe Ratio -0.57 Information Ratio 0 Alpha Ratio 0 Min Investment 5,000 Min SIP Investment 500 Exit Load NIL Yield to Maturity 6.83% Effective Maturity 2 Months 23 Days Modified Duration 2 Months 10 Days Growth of 10,000 investment over the years.
Date Value 31 Mar 21 ₹10,000 31 Mar 22 ₹10,401 31 Mar 23 ₹10,950 Returns for IDBI Ultra Short Term Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 17 Apr 26 Duration Returns 1 Month 0.5% 3 Month 1.6% 6 Month 3.4% 1 Year 6.4% 3 Year 4.8% 5 Year 5.5% 10 Year 15 Year Since launch 7.1% Historical performance (Yearly) on absolute basis
Year Returns 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 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 9. UTI Ultra Short Term Fund
UTI Ultra Short Term Fund
Growth Launch Date 29 Aug 03 NAV (17 Apr 26) ₹4,437.06 ↑ 0.58 (0.01 %) Net Assets (Cr) ₹3,946 on 28 Feb 26 Category Debt - Ultrashort Bond AMC UTI Asset Management Company Ltd Rating ☆☆☆☆ Risk Moderately Low Expense Ratio 0.93 Sharpe Ratio 1.38 Information Ratio 0 Alpha Ratio 0 Min Investment 5,000 Min SIP Investment 500 Exit Load NIL Yield to Maturity 6.76% Effective Maturity 5 Months 19 Days Modified Duration 4 Months 23 Days Growth of 10,000 investment over the years.
Date Value 31 Mar 21 ₹10,000 31 Mar 22 ₹10,619 31 Mar 23 ₹11,148 31 Mar 24 ₹11,923 31 Mar 25 ₹12,778 31 Mar 26 ₹13,545 Returns for UTI Ultra Short Term Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 17 Apr 26 Duration Returns 1 Month 0.7% 3 Month 1.6% 6 Month 2.8% 1 Year 6% 3 Year 6.8% 5 Year 6.3% 10 Year 15 Year Since launch 6.8% Historical performance (Yearly) on absolute basis
Year Returns 2025 6.6% 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% Fund Manager information for UTI Ultra Short Term Fund
Name Since Tenure Abhishek Sonthalia 10 Nov 25 0.39 Yr. Data below for UTI Ultra Short Term Fund as on 28 Feb 26
Asset Allocation
Asset Class Value Cash 69.56% Debt 30.03% Other 0.41% Debt Sector Allocation
Sector Value Corporate 54.82% Cash Equivalent 36.72% Government 8.05% Credit Quality
Rating Value AA 20.93% AAA 79.07% Top Securities Holdings / Portfolio
Name Holding Value Quantity Tbill
Sovereign Bonds | -9% ₹297 Cr 3,000,000,000 09/04/2026 Maturing 182 DTB
Sovereign Bonds | -5% ₹150 Cr 1,500,000,000 HDFC Bank Ltd.
Debentures | -4% ₹140 Cr 1,500,000,000 Shriram Finance Limited
Debentures | -3% ₹100 Cr 10,000 Piramal Finance Limited
Debentures | -3% ₹85 Cr 8,500 TATA Communications Limited
Debentures | -2% ₹75 Cr 7,500 Piramal Finance Limited
Debentures | -2% ₹75 Cr 7,500 Aditya Birla Renewables Limited
Debentures | -2% ₹65 Cr 6,500 Tata Capital Housing Finance Limited
Debentures | -2% ₹50 Cr 5,000 360 One Prime Limited
Debentures | -2% ₹50 Cr 5,000 10. Nippon India Liquid Fund
Nippon India Liquid Fund
Growth Launch Date 9 Dec 03 NAV (17 Apr 26) ₹6,685.92 ↑ 0.83 (0.01 %) Net Assets (Cr) ₹32,736 on 28 Feb 26 Category Debt - Liquid Fund AMC Nippon Life Asset Management Ltd. Rating ☆☆☆☆ Risk Low Expense Ratio 0.33 Sharpe Ratio 2.6 Information Ratio 0 Alpha Ratio 0 Min Investment 100 Min SIP Investment 100 Exit Load NIL Yield to Maturity 6.66% Effective Maturity 1 Month 25 Days Modified Duration 1 Month 21 Days Growth of 10,000 investment over the years.
Date Value 31 Mar 21 ₹10,000 31 Mar 22 ₹10,334 31 Mar 23 ₹10,912 31 Mar 24 ₹11,693 31 Mar 25 ₹12,544 31 Mar 26 ₹13,312 Returns for Nippon India Liquid Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 17 Apr 26 Duration Returns 1 Month 0.8% 3 Month 1.7% 6 Month 3.2% 1 Year 6.3% 3 Year 6.9% 5 Year 6% 10 Year 15 Year Since launch 6.8% Historical performance (Yearly) on absolute basis
Year Returns 2025 6.5% 2024 7.3% 2023 7% 2022 4.8% 2021 3.2% 2020 4.3% 2019 6.7% 2018 7.4% 2017 6.7% 2016 7.7% Fund Manager information for Nippon India Liquid Fund
Name Since Tenure Kinjal Desai 25 May 18 7.86 Yr. Vikash Agarwal 14 Sep 24 1.55 Yr. Amber Singhania 11 Mar 26 0.06 Yr. Data below for Nippon India Liquid Fund as on 28 Feb 26
Asset Allocation
Asset Class Value Cash 99.72% Other 0.28% Debt Sector Allocation
Sector Value Cash Equivalent 81.34% Corporate 14.72% Government 3.66% Credit Quality
Rating Value AAA 100% Top Securities Holdings / Portfolio
Name Holding Value Quantity 5.63% Gs 2026
Sovereign Bonds | -4% ₹1,405 Cr 140,500,000
↑ 50,000,000 Tbill
Sovereign Bonds | -4% ₹1,244 Cr 125,665,500 National Bank For Agriculture And Rural Development
Commercial Paper | -3% ₹989 Cr 20,000 Union Bank Of India
Certificate of Deposit | -2% ₹765 Cr 15,500 Reliance Retail Ventures Limited
Commercial Paper | -2% ₹741 Cr 15,000 Indusind Bank Ltd.
Debentures | -2% ₹739 Cr 15,000 Tbill
Sovereign Bonds | -2% ₹643 Cr 65,000,000
↑ 65,000,000 National Bank for Agriculture and Rural Development
Commercial Paper | -2% ₹639 Cr 13,000
↑ 13,000 Karur Vysya Bank Ltd.
Debentures | -2% ₹593 Cr 12,000 Small Industries Development Bank Of India
Commercial Paper | -2% ₹567 Cr 11,500
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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