Table of Contents
- Recurring Deposit (RD)
- Features of RD Account
- RD Interest Rates
- RD Calculator
- RD Interest Calculator
- Conclusion
- Similar Alternatives
Top 10 Debt - Ultrashort Bond Funds
- Nippon India Ultra Short Duration Fund
- Aditya Birla Sun Life Savings Fund
- ICICI Prudential Ultra Short Term Fund
- Kotak Savings Fund
- DSP BlackRock Money Manager Fund
- SBI Magnum Ultra Short Duration Fund
- Principal Ultra Short Term Fund
- UTI Ultra Short Term Fund
- Canara Robeco Ultra Short Term Fund
- Invesco India 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 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 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 (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 "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 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 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 (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 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. Canara Robeco Ultra Short Term Fund is a Debt - Ultrashort Bond fund was launched on 14 Jul 08. It is a fund with Low risk and has given a Below is the key information for Canara Robeco 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. 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 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 (01 Feb 23) ₹3,413.41 ↑ 0.91 (0.03 %) Net Assets (Cr) ₹4,714 on 31 Dec 22 Category Debt - Ultrashort Bond AMC Nippon Life Asset Management Ltd. Rating ☆☆ Risk Low Expense Ratio 1.12 Sharpe Ratio -1.02 Information Ratio 0 Alpha Ratio 0 Min Investment 100 Min SIP Investment 100 Exit Load NIL Yield to Maturity 7.49% Effective Maturity 5 Months 29 Days Modified Duration 5 Months 4 Days Growth of 10,000 investment over the years.
Date Value 31 Jan 18 ₹10,000 31 Jan 19 ₹10,758 31 Jan 20 ₹10,846 31 Jan 21 ₹11,321 31 Jan 22 ₹12,223 31 Jan 23 ₹12,797 Returns for Nippon India Ultra Short Duration Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 1 Feb 23 Duration Returns 1 Month 0.5% 3 Month 1.6% 6 Month 2.8% 1 Year 4.7% 3 Year 5.7% 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 9.26 Yr. Kinjal Desai 25 May 18 4.61 Yr. Data below for Nippon India Ultra Short Duration Fund as on 31 Dec 22
Asset Allocation
Asset Class Value Cash 64.99% Debt 35.01% Debt Sector Allocation
Sector Value Corporate 50.35% Cash Equivalent 38.53% Government 11.12% Credit Quality
Rating Value AA 24.39% AAA 75.61% Top Securities Holdings / Portfolio
Name Holding Value Quantity The Tata Power Company Limited
Debentures | -3% ₹165 Cr 1,650 Tata Realty And Infrastructure Limited
Debentures | -3% ₹149 Cr 1,500 Jamnagar Utilities & Power Private Limited
Debentures | -3% ₹145 Cr 1,450
↑ 900 91 DTB 09022023
Sovereign Bonds | -3% ₹134 Cr 13,500,000 National Housing Bank
Debentures | -2% ₹124 Cr 1,250
↑ 1,250 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% ₹101 Cr 1,000 National Housing Bank
Debentures | -2% ₹100 Cr 1,000 182 DTB 22062023
Sovereign Bonds | -2% ₹97 Cr 10,000,000
↑ 10,000,000 2. 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 (01 Feb 23) ₹458.804 ↑ 0.20 (0.04 %) Net Assets (Cr) ₹14,948 on 31 Dec 22 Category Debt - Ultrashort Bond AMC Birla Sun Life Asset Management Co Ltd Rating ☆☆☆☆☆ Risk Moderately Low Expense Ratio 0.49 Sharpe Ratio -0.52 Information Ratio 0 Alpha Ratio 0 Min Investment 1,000 Min SIP Investment 1,000 Exit Load NIL Yield to Maturity 7.4% Effective Maturity 6 Months 4 Days Modified Duration 5 Months 19 Days Growth of 10,000 investment over the years.
Date Value 31 Jan 18 ₹10,000 31 Jan 19 ₹10,793 31 Jan 20 ₹11,684 31 Jan 21 ₹12,447 31 Jan 22 ₹12,963 31 Jan 23 ₹13,602 Returns for Aditya Birla Sun Life Savings Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 1 Feb 23 Duration Returns 1 Month 0.6% 3 Month 1.7% 6 Month 2.9% 1 Year 5% 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 8.56 Yr. Kaustubh Gupta 15 Jul 11 11.47 Yr. Monika Gandhi 22 Mar 21 1.78 Yr. Data below for Aditya Birla Sun Life Savings Fund as on 31 Dec 22
Asset Allocation
Asset Class Value Cash 60.09% Debt 39.91% Debt Sector Allocation
Sector Value Corporate 50.04% Cash Equivalent 29.26% Government 20.7% Credit Quality
Rating Value AA 20.68% AAA 79.32% Top Securities Holdings / Portfolio
Name Holding Value Quantity Housing Development Finance Corporation Ltd
Debentures | -4% ₹597 Cr 6,000 182 DTB 29062023
Sovereign Bonds | -3% ₹413 Cr 42,504,130 Bharti Telecom Limited
Debentures | -2% ₹324 Cr 3,250 Shriram Finance Limited
Debentures | -2% ₹277 Cr 2,750 Reliance Industries Limited
Debentures | -2% ₹253 Cr 2,500 Cholamandalam Investment And Fin. Co. Ltd
Debentures | -2% ₹249 Cr 2,500 08.54 MH Sdl 2023
Sovereign Bonds | -2% ₹246 Cr 24,500,000 Housing Development Finance Corporation Ltd
Debentures | -2% ₹244 Cr 2,450 08.21 HR UDAY 2023
Domestic Bonds | -2% ₹236 Cr 23,500,000 08.39 RJ UDAY 2023
Domestic Bonds | -1% ₹215 Cr 21,477,000 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 (01 Feb 23) ₹23.3456 ↑ 0.01 (0.03 %) Net Assets (Cr) ₹12,472 on 31 Dec 22 Category Debt - Ultrashort Bond AMC ICICI Prudential Asset Management Company Limited Rating ☆☆☆ Risk Moderate Expense Ratio 0.93 Sharpe Ratio -1.49 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 7.32% Effective Maturity 5 Months 1 Day Modified Duration 4 Months 10 Days Growth of 10,000 investment over the years.
Date Value 31 Jan 18 ₹10,000 31 Jan 19 ₹10,773 31 Jan 20 ₹11,672 31 Jan 21 ₹12,379 31 Jan 22 ₹12,889 31 Jan 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 1 Feb 23 Duration Returns 1 Month 0.6% 3 Month 1.6% 6 Month 2.9% 1 Year 4.8% 3 Year 5% 5 Year 6.2% 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 6.13 Yr. Ritesh Lunawat 15 Jun 17 5.55 Yr. Data below for ICICI Prudential Ultra Short Term Fund as on 31 Dec 22
Asset Allocation
Asset Class Value Cash 61.45% Debt 38.55% Debt Sector Allocation
Sector Value Cash Equivalent 38.83% Corporate 38.34% Government 22.83% Credit Quality
Rating Value AA 18.56% AAA 81.44% Top Securities Holdings / Portfolio
Name Holding Value Quantity 182 DTB 29062023
Sovereign Bonds | -5% ₹680 Cr 70,000,000
↑ 20,000,000 National Bank For Agriculture And Rural Development
Debentures | -4% ₹573 Cr 5,750 182 DTB 06072023
Sovereign Bonds | -3% ₹460 Cr 47,500,000
↑ 47,500,000 Housing Development Finance Corporation Ltd
Debentures | -3% ₹370 Cr 3,700 National Bank For Agriculture And Rural Development
Debentures | -2% ₹325 Cr 3,250 Housing Development Finance Corporation Ltd
Debentures | -2% ₹309 Cr 3,100 Embassy Office Parks Reit
Debentures | -2% ₹271 Cr 2,750
↑ 500 Canara Bank
Domestic Bonds | -2% ₹239 Cr 5,000
↑ 5,000 Shriram Finance Limited
Debentures | -1% ₹200 Cr 2,000 Ongc Petro Additions Limited
Debentures | -1% ₹190 Cr 1,900 4. 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 (01 Feb 23) ₹36.2816 ↑ 0.01 (0.04 %) Net Assets (Cr) ₹12,060 on 31 Dec 22 Category Debt - Ultrashort Bond AMC Kotak Mahindra Asset Management Co Ltd Rating ☆☆☆ Risk Moderately Low Expense Ratio 0.44 Sharpe Ratio -1.44 Information Ratio 0 Alpha Ratio 0 Min Investment 5,000 Min SIP Investment 1,000 Exit Load NIL Yield to Maturity 7.25% Effective Maturity 6 Months 14 Days Modified Duration 4 Months 6 Days Growth of 10,000 investment over the years.
Date Value 31 Jan 18 ₹10,000 31 Jan 19 ₹10,767 31 Jan 20 ₹11,586 31 Jan 21 ₹12,217 31 Jan 22 ₹12,631 31 Jan 23 ₹13,216 Returns for Kotak Savings Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 1 Feb 23 Duration Returns 1 Month 0.5% 3 Month 1.6% 6 Month 2.8% 1 Year 4.7% 3 Year 4.5% 5 Year 5.7% 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 14.72 Yr. Vihag Mishra 30 Apr 22 0.67 Yr. Manu Sharma 1 Nov 22 0.17 Yr. Data below for Kotak Savings Fund as on 31 Dec 22
Asset Allocation
Asset Class Value Cash 71.22% Debt 28.78% Debt Sector Allocation
Sector Value Corporate 43.43% Cash Equivalent 35.3% Government 21.27% Credit Quality
Rating Value AA 11.81% AAA 88.19% Top Securities Holdings / Portfolio
Name Holding Value Quantity 182 DTB 09032023
Sovereign Bonds | -4% ₹496 Cr 50,000,000 182 DTB 16032023
Sovereign Bonds | -4% ₹495 Cr 50,000,000 182 DTB 01062023
Sovereign Bonds | -4% ₹488 Cr 50,000,000 Mahindra & Mahindra Financial Services Ltd
Debentures | -3% ₹349 Cr 3,500 7.16% Govt Stock 2023
Sovereign Bonds | -2% ₹251 Cr 25,000,000 Shriram Finance Limited
Debentures | -2% ₹247 Cr 2,450 The Tata Power Company Limited
Debentures | -2% ₹200 Cr 2,000 364 Dtb 15062023
Sovereign Bonds | -2% ₹195 Cr 20,000,000 Housing Development Finance Corporation Ltd
Debentures | -1% ₹174 Cr 1,750 Tata Capital Housing Finance Limited
Debentures | -1% ₹170 Cr 1,700 5. DSP BlackRock Money Manager Fund
CAGR/Annualized return of 6.6% 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 (01 Feb 23) ₹2,892.19 ↑ 0.76 (0.03 %) Net Assets (Cr) ₹2,438 on 31 Dec 22 Category Debt - Ultrashort Bond AMC DSP BlackRock Invmt Managers Pvt. Ltd. Rating ☆☆ Risk Moderately Low Expense Ratio 1.69 Sharpe Ratio -2.26 Information Ratio 0 Alpha Ratio 0 Min Investment 1,000 Min SIP Investment 500 Exit Load NIL Yield to Maturity 7.19% Effective Maturity 4 Months 10 Days Modified Duration 3 Months 29 Days Growth of 10,000 investment over the years.
Date Value 31 Jan 18 ₹10,000 31 Jan 19 ₹10,520 31 Jan 20 ₹11,265 31 Jan 21 ₹11,757 31 Jan 22 ₹12,117 31 Jan 23 ₹12,635 Returns for DSP BlackRock Money Manager Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 1 Feb 23 Duration Returns 1 Month 0.5% 3 Month 1.5% 6 Month 2.6% 1 Year 4.3% 3 Year 3.9% 5 Year 4.8% 10 Year 15 Year Since launch 6.6% 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 6.46 Yr. Karan Mundhra 31 May 21 1.59 Yr. Data below for DSP BlackRock Money Manager Fund as on 31 Dec 22
Asset Allocation
Asset Class Value Cash 78.76% Debt 21.24% Debt Sector Allocation
Sector Value Corporate 48.15% Cash Equivalent 31.57% Government 20.28% Credit Quality
Rating Value AAA 100% Top Securities Holdings / Portfolio
Name Holding Value Quantity 7.16% Govt Stock 2023
Sovereign Bonds | -5% ₹152 Cr 15,000,000 Ntpc Limited
Debentures | -4% ₹105 Cr 1,000 182 DTB 06072023
Sovereign Bonds | -3% ₹73 Cr 7,500,000
↑ 7,500,000 Larsen And Toubro Limited
Debentures | -2% ₹53 Cr 500
↑ 150 364 Dtb 16022023
Sovereign Bonds | -2% ₹50 Cr 5,000,000 Canara Bank
Domestic Bonds | -2% ₹48 Cr 1,000
↑ 1,000 National Bank For Agriculture And Rural Development
Debentures | -1% ₹26 Cr 250 Sikka Ports & Terminals Limited
Debentures | -1% ₹26 Cr 250 Indian Railway Finance Corporation Limited
Debentures | -1% ₹25 Cr 250
↑ 250 364 Dtb 02032023
Sovereign Bonds | -1% ₹25 Cr 2,500,000
↓ -2,500,000 6. 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 (01 Feb 23) ₹5,038.32 ↑ 1.43 (0.03 %) Net Assets (Cr) ₹9,691 on 31 Dec 22 Category Debt - Ultrashort Bond AMC SBI Funds Management Private Limited Rating ☆☆☆ Risk Low Expense Ratio 0.49 Sharpe Ratio -1.1 Information Ratio 0 Alpha Ratio 0 Min Investment 5,000 Min SIP Investment 500 Exit Load NIL Yield to Maturity 7.08% Effective Maturity 5 Months 1 Day Modified Duration 4 Months 20 Days Growth of 10,000 investment over the years.
Date Value 31 Jan 18 ₹10,000 31 Jan 19 ₹10,812 31 Jan 20 ₹11,649 31 Jan 21 ₹12,288 31 Jan 22 ₹12,724 31 Jan 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 1 Feb 23 Duration Returns 1 Month 0.6% 3 Month 1.7% 6 Month 2.9% 1 Year 4.7% 3 Year 4.6% 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 5.09 Yr. Arun R. 1 Jul 21 1.5 Yr. Data below for SBI Magnum Ultra Short Duration Fund as on 31 Dec 22
Asset Allocation
Asset Class Value Cash 76.01% Debt 23.99% Debt Sector Allocation
Sector Value Cash Equivalent 43.34% Corporate 39.8% Government 16.86% Credit Quality
Rating Value AAA 100% Top Securities Holdings / Portfolio
Name Holding Value Quantity 7.37% Govt Stock 2023
Sovereign Bonds | -4% ₹411 Cr 41,000,000 Indian Railway Finance Corporation Limited
Debentures | -3% ₹309 Cr 3,100 7.10% Govt Stock 2029
Sovereign Bonds | -3% ₹248 Cr 25,000,000 Union Bank of India
Domestic Bonds | -2% ₹232 Cr 5,000
↑ 5,000 Ntpc Limited
Debentures | -2% ₹224 Cr 2,250 182 DTB 30032023
Sovereign Bonds | -2% ₹223 Cr 22,550,400 91 DTB 16022023
Sovereign Bonds | -2% ₹199 Cr 20,000,000 7.16% Govt Stock 2023
Sovereign Bonds | -2% ₹150 Cr 15,000,000 Mahindra And Mahindra Limited
Debentures | -2% ₹150 Cr 1,500
↑ 500 National Bank For Agriculture And Rural Development
Debentures | -2% ₹149 Cr 1,500 7. 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 (01 Feb 23) ₹2,313.08 ↑ 0.56 (0.02 %) Net Assets (Cr) ₹1,413 on 31 Dec 22 Category Debt - Ultrashort Bond AMC Principal Pnb Asset Mgmt. Co. Priv. Ltd. Rating ☆☆☆ Risk Moderately Low Expense Ratio 1.25 Sharpe Ratio -5.22 Information Ratio 0 Alpha Ratio 0 Min Investment 5,000 Min SIP Investment 2,000 Exit Load NIL Yield to Maturity 7.01% Effective Maturity 3 Months 26 Days Modified Duration 3 Months 25 Days Growth of 10,000 investment over the years.
Date Value 31 Jan 18 ₹10,000 31 Jan 19 ₹10,135 31 Jan 20 ₹10,772 31 Jan 21 ₹11,171 31 Jan 22 ₹11,483 31 Jan 23 ₹11,931 Returns for Principal Ultra Short Term Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 1 Feb 23 Duration Returns 1 Month 0.5% 3 Month 1.4% 6 Month 2.5% 1 Year 3.9% 3 Year 3.5% 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 0.63 Yr. Sandeep Agarwal 1 Jan 22 1 Yr. Data below for Principal Ultra Short Term Fund as on 31 Dec 22
Asset Allocation
Asset Class Value Cash 85.11% Debt 14.89% Debt Sector Allocation
Sector Value Cash Equivalent 46.44% Corporate 30.26% Government 20.16% Credit Quality
Rating Value AA 2.83% AAA 97.17% Top Securities Holdings / Portfolio
Name Holding Value Quantity 182 DTB 15062023
Sovereign Bonds | -6% ₹97 Cr 10,000,000 India (Republic of)
- | -3% ₹48 Cr 5,000,000
↑ 5,000,000 LIC Housing Finance Limited
Debentures | -3% ₹40 Cr 400 The Tata Power Company Limited
Debentures | -2% ₹35 Cr 350 7.16% Govt Stock 2023
Sovereign Bonds | -2% ₹25 Cr 2,500,000 Citicorp Finance (India) Limited
Debentures | -2% ₹25 Cr 250 Canara Bank
Domestic Bonds | -2% ₹24 Cr 500
↑ 500 LIC Housing Finance Limited
Debentures | -1% ₹10 Cr 100 91 DTB 19012023
Sovereign Bonds | -0% ₹5 Cr 500,000 Treps
CBLO/Reverse Repo | -14% ₹219 Cr 8. 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 (01 Feb 23) ₹3,593.24 ↑ 1.00 (0.03 %) Net Assets (Cr) ₹2,005 on 31 Dec 22 Category Debt - Ultrashort Bond AMC UTI Asset Management Company Ltd Rating ☆☆☆☆ Risk Moderately Low Expense Ratio 0.95 Sharpe Ratio -1.9 Information Ratio 0 Alpha Ratio 0 Min Investment 5,000 Min SIP Investment 500 Exit Load NIL Yield to Maturity 7.01% Effective Maturity 4 Months 3 Days Modified Duration 3 Months 28 Days Growth of 10,000 investment over the years.
Date Value 31 Jan 18 ₹10,000 31 Jan 19 ₹10,717 31 Jan 20 ₹11,058 31 Jan 21 ₹11,600 31 Jan 22 ₹12,315 31 Jan 23 ₹12,864 Returns for UTI Ultra Short Term Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 1 Feb 23 Duration Returns 1 Month 0.5% 3 Month 1.6% 6 Month 2.7% 1 Year 4.5% 3 Year 5.2% 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 7.51 Yr. Data below for UTI Ultra Short Term Fund as on 31 Dec 22
Asset Allocation
Asset Class Value Cash 65.46% Debt 34.54% Debt Sector Allocation
Sector Value Corporate 44.86% Cash Equivalent 41.03% Government 14.11% Credit Quality
Rating Value AA 17.5% AAA 82.5% Top Securities Holdings / Portfolio
Name Holding Value Quantity 91 DTB 02022023
Sovereign Bonds | -5% ₹100 Cr 1,000,000,000
↑ 1,000,000,000 National Bank For Agriculture And Rural Development
Debentures | -2% ₹50 Cr 500 Indian Railway Finance Corporation Limited
Debentures | -2% ₹50 Cr 500 National Bank For Agriculture And Rural Development
Debentures | -2% ₹50 Cr 500 Grasim Industries Limited
Debentures | -2% ₹50 Cr 500 Kotak Mahindra Prime Limited
Debentures | -2% ₹49 Cr 500 Embassy Office Parks Reit
Debentures | -2% ₹49 Cr 500
↑ 500 Canara Bank
Domestic Bonds | -2% ₹48 Cr 500,000,000
↑ 500,000,000 Federal Bank
Debentures | -2% ₹48 Cr 500,000,000
↑ 500,000,000 Canara Bank
Domestic Bonds | -2% ₹48 Cr 500,000,000
↑ 500,000,000 9. Canara Robeco Ultra Short Term Fund
CAGR/Annualized return of 6.8% since its launch. Ranked 72 in Ultrashort Bond category. Return for 2022 was 3.9% , 2021 was 2.6% and 2020 was 4.5% . Canara Robeco Ultra Short Term Fund
Growth Launch Date 14 Jul 08 NAV (01 Feb 23) ₹3,245.13 ↑ 0.84 (0.03 %) Net Assets (Cr) ₹610 on 31 Dec 22 Category Debt - Ultrashort Bond AMC Canara Robeco Asset Management Co. Ltd. Rating ☆☆ Risk Low Expense Ratio 0.95 Sharpe Ratio -3 Information Ratio 0 Alpha Ratio 0 Min Investment 5,000 Min SIP Investment 1,000 Exit Load NIL Yield to Maturity 7.01% Effective Maturity 4 Months 13 Days Modified Duration 4 Months 3 Days Growth of 10,000 investment over the years.
Date Value 31 Jan 18 ₹10,000 31 Jan 19 ₹10,622 31 Jan 20 ₹11,307 31 Jan 21 ₹11,779 31 Jan 22 ₹12,103 31 Jan 23 ₹12,607 Returns for Canara Robeco Ultra Short Term Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 1 Feb 23 Duration Returns 1 Month 0.5% 3 Month 1.5% 6 Month 2.6% 1 Year 4.2% 3 Year 3.7% 5 Year 4.7% 10 Year 15 Year Since launch 6.8% Historical performance (Yearly) on absolute basis
Year Returns 2022 3.9% 2021 2.6% 2020 4.5% 2019 6.6% 2018 6.1% 2017 5.7% 2016 7.3% 2015 8.4% 2014 9.3% 2013 9.1% Fund Manager information for Canara Robeco Ultra Short Term Fund
Name Since Tenure Suman Prasad 12 Apr 11 11.73 Yr. Avnish Jain 1 Apr 22 0.75 Yr. Data below for Canara Robeco Ultra Short Term Fund as on 31 Dec 22
Asset Allocation
Asset Class Value Cash 71.55% Debt 28.45% Debt Sector Allocation
Sector Value Cash Equivalent 42.41% Corporate 36.88% Government 12.85% Credit Quality
Rating Value AAA 100% Top Securities Holdings / Portfolio
Name Holding Value Quantity 364 Dtb 19012023
Sovereign Bonds | -8% ₹50 Cr 5,000,000 India (Republic of)
- | -8% ₹48 Cr 5,079,500
↑ 5,079,500 Kotak Mahindra Prime Limited
Debentures | -6% ₹35 Cr 350 Ntpc Limited
Debentures | -5% ₹30 Cr 300 Bajaj Finance Limited
Debentures | -4% ₹25 Cr 250 Reliance Industries Limited
Debentures | -4% ₹25 Cr 250 Power Finance Corporation Ltd.
Debentures | -4% ₹25 Cr 250 National Bank For Agriculture And Rural Development
Debentures | -4% ₹25 Cr 250 LIC Housing Finance Limited
Debentures | -4% ₹25 Cr 250 National Housing Bank
Debentures | -4% ₹25 Cr 250
↑ 250 10. 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 (01 Feb 23) ₹2,279.82 ↑ 0.62 (0.03 %) Net Assets (Cr) ₹806 on 31 Dec 22 Category Debt - Ultrashort Bond AMC Invesco Asset Management (India) Private Ltd Rating ☆☆☆ Risk Moderate Expense Ratio 0.89 Sharpe Ratio -2.01 Information Ratio 0 Alpha Ratio 0 Min Investment 5,000 Min SIP Investment 1,000 Exit Load NIL Yield to Maturity 6.96% Effective Maturity 3 Months 18 Days Modified Duration 3 Months 11 Days Growth of 10,000 investment over the years.
Date Value 31 Jan 18 ₹10,000 31 Jan 19 ₹10,753 31 Jan 20 ₹11,547 31 Jan 21 ₹12,095 31 Jan 22 ₹12,479 31 Jan 23 ₹13,018 Returns for Invesco India Ultra Short Term Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 1 Feb 23 Duration Returns 1 Month 0.5% 3 Month 1.6% 6 Month 2.7% 1 Year 4.4% 3 Year 4.1% 5 Year 5.4% 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 2.99 Yr. Vikas Garg 27 Jul 21 1.43 Yr. Data below for Invesco India Ultra Short Term Fund as on 31 Dec 22
Asset Allocation
Asset Class Value Cash 76.24% Debt 23.76% Debt Sector Allocation
Sector Value Cash Equivalent 42.9% Corporate 35.44% Government 21.66% Credit Quality
Rating Value AA 17.65% AAA 82.35% Top Securities Holdings / Portfolio
Name Holding Value Quantity Housing Development Finance Corporation Ltd
Debentures | -5% ₹50 Cr 5,000,000
↑ 5,000,000 182 DTB 15062023
Sovereign Bonds | -5% ₹49 Cr 5,000,000 7.16% Govt Stock 2023
Sovereign Bonds | -3% ₹25 Cr 2,500,000 Hdb Financial Services Limited
Debentures | -3% ₹25 Cr 2,500,000 Mahindra And Mahindra Limited
Debentures | -3% ₹25 Cr 2,500,000 91 DTB 09022023
Sovereign Bonds | -3% ₹25 Cr 2,500,000 Muthoot Finance Limited
Debentures | -3% ₹25 Cr 2,500,000 Nuclear Power Corporation Of India Limited
Debentures | -2% ₹20 Cr 2,000,000 Sikka Ports & Terminals Limited
Debentures | -2% ₹20 Cr 2,000,000 Bharti Telecom Limited
Debentures | -2% ₹17 Cr 1,700,000
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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