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What is a Recurring Deposit (RD)?

Updated on May 17, 2025 , 60757 views

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.

Recurring-Deposit

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

1. Aditya Birla Sun Life Savings Fund

The primary objective of the schemes is to generate regular income through investments in debt and money market instruments. Income maybe generated through the receipt of coupon payments or the purchase and sale of securities in the underlying portfolio. The schemes will under normal market conditions, invest its net assets in fixed income securities, money market instruments, cash and cash equivalents.

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 CAGR/Annualized return of 7.4% since its launch.  Ranked 6 in Ultrashort Bond category.  Return for 2024 was 7.9% , 2023 was 7.2% and 2022 was 4.8% .

Below is the key information for Aditya Birla Sun Life Savings Fund

Aditya Birla Sun Life Savings Fund
Growth
Launch Date 16 Apr 03
NAV (19 May 25) ₹544.313 ↑ 0.41   (0.08 %)
Net Assets (Cr) ₹17,263 on 30 Apr 25
Category Debt - Ultrashort Bond
AMC Birla Sun Life Asset Management Co Ltd
Rating
Risk Moderately Low
Expense Ratio 0.54
Sharpe Ratio 2.71
Information Ratio 0
Alpha Ratio 0
Min Investment 1,000
Min SIP Investment 1,000
Exit Load NIL
Yield to Maturity 7.27%
Effective Maturity 6 Months 14 Days
Modified Duration 5 Months 16 Days

Growth of 10,000 investment over the years.

DateValue
30 Apr 20₹10,000
30 Apr 21₹10,651
30 Apr 22₹11,083
30 Apr 23₹11,715
30 Apr 24₹12,595
30 Apr 25₹13,598

Aditya Birla Sun Life Savings Fund SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual Returns:
%
Total investment amount is ₹180,000
expected amount after 3 Years is ₹200,132.
Net Profit of ₹20,132
Invest Now

Returns for Aditya Birla Sun Life Savings Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 19 May 25

DurationReturns
1 Month 0.7%
3 Month 2.3%
6 Month 4.1%
1 Year 8.1%
3 Year 7.3%
5 Year 6.3%
10 Year
15 Year
Since launch 7.4%
Historical performance (Yearly) on absolute basis
YearReturns
2024 7.9%
2023 7.2%
2022 4.8%
2021 3.9%
2020 7%
2019 8.5%
2018 7.6%
2017 7.2%
2016 9.2%
2015 8.9%
Fund Manager information for Aditya Birla Sun Life Savings Fund
NameSinceTenure
Sunaina Cunha20 Jun 1410.87 Yr.
Kaustubh Gupta15 Jul 1113.8 Yr.
Monika Gandhi22 Mar 214.11 Yr.

Data below for Aditya Birla Sun Life Savings Fund as on 30 Apr 25

Asset Allocation
Asset ClassValue
Cash39.41%
Debt60.27%
Other0.31%
Debt Sector Allocation
SectorValue
Corporate66.69%
Cash Equivalent20.4%
Government12.6%
Credit Quality
RatingValue
AA39.1%
AAA60.9%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
Shriram Finance Company Limited
Debentures | -
4%₹606 Cr60,000
Nirma Limited
Debentures | -
3%₹488 Cr48,500
364 DTB
Sovereign Bonds | -
3%₹474 Cr47,500,000
Small Industries Development Bank of India
Debentures | -
3%₹424 Cr9,000
Aditya BSL Liquid Dir Gr
Investment Fund | -
2%₹351 Cr8,342,533
↑ 564,007
182 DTB 29082025
Sovereign Bonds | -
2%₹342 Cr35,000,000
↑ 35,000,000
Mankind Pharma Ltd
Debentures | -
2%₹308 Cr30,500
National Bank For Agriculture And Rural Development
Debentures | -
2%₹304 Cr30,000
↑ 30,000
Avanse Financial Services Ltd 9.40%
Debentures | -
2%₹301 Cr30,000
ICICI Home Finance Company Limited
Debentures | -
2%₹271 Cr27,000

2. Nippon India Ultra Short Duration Fund

(Erstwhile Reliance Liquid Fund - Cash Plan)

The investment objective of the Scheme is to generate optimal returns consistent with moderate levels of risk and high liquidity. Accordingly, investments shall predominantly be made in Debt and Money Market Instruments.

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 CAGR/Annualized return of 6.1% since its launch.  Ranked 62 in Ultrashort Bond category.  Return for 2024 was 7.2% , 2023 was 6.7% and 2022 was 4.6% .

Below is the key information for Nippon India Ultra Short Duration Fund

Nippon India Ultra Short Duration Fund
Growth
Launch Date 7 Dec 01
NAV (19 May 25) ₹4,000.69 ↑ 2.52   (0.06 %)
Net Assets (Cr) ₹8,767 on 30 Apr 25
Category Debt - Ultrashort Bond
AMC Nippon Life Asset Management Ltd.
Rating
Risk Low
Expense Ratio 1.14
Sharpe Ratio 1.43
Information Ratio 0
Alpha Ratio 0
Min Investment 100
Min SIP Investment 100
Exit Load NIL
Yield to Maturity 7.11%
Effective Maturity 7 Months 16 Days
Modified Duration 5 Months 7 Days

Growth of 10,000 investment over the years.

DateValue
30 Apr 20₹10,000
30 Apr 21₹10,542
30 Apr 22₹11,343
30 Apr 23₹11,966
30 Apr 24₹12,798
30 Apr 25₹13,738

Nippon India Ultra Short Duration Fund SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual Returns:
%
Total investment amount is ₹180,000
expected amount after 3 Years is ₹200,132.
Net Profit of ₹20,132
Invest Now

Returns for Nippon India Ultra Short Duration Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 19 May 25

DurationReturns
1 Month 0.6%
3 Month 2.1%
6 Month 3.7%
1 Year 7.4%
3 Year 6.8%
5 Year 6.5%
10 Year
15 Year
Since launch 6.1%
Historical performance (Yearly) on absolute basis
YearReturns
2024 7.2%
2023 6.7%
2022 4.6%
2021 7.8%
2020 4.9%
2019 0.9%
2018 7.3%
2017 5.8%
2016 6.8%
2015 7.6%
Fund Manager information for Nippon India Ultra Short Duration Fund
NameSinceTenure
Vivek Sharma1 Oct 1311.59 Yr.
Kinjal Desai25 May 186.94 Yr.
Akshay Sharma1 Dec 222.41 Yr.

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

Asset Allocation
Asset ClassValue
Cash56.52%
Debt43.24%
Other0.24%
Debt Sector Allocation
SectorValue
Corporate55.55%
Cash Equivalent29.49%
Government14.72%
Credit Quality
RatingValue
AA15.61%
AAA84.39%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
National Bank For Agriculture And Rural Development
Debentures | -
4%₹311 Cr3,100
182 Days Tbill
Sovereign Bonds | -
3%₹245 Cr25,000,000
182 DTB 12062025
Sovereign Bonds | -
3%₹243 Cr24,500,000
Small Industries Development Bank Of India
Debentures | -
2%₹200 Cr2,000
182 Days Tbill
Sovereign Bonds | -
2%₹196 Cr20,000,000
Indinfravit Trust
Debentures | -
2%₹187 Cr19,500
Rec Limited
Debentures | -
2%₹184 Cr1,850
HDFC Credila Financial Services Ltd
Debentures | -
2%₹166 Cr16,500
Vedanta Limited
Debentures | -
2%₹165 Cr16,500
National Bank For Agriculture And Rural Development
Debentures | -
1%₹126 Cr12,500

3. IDFC Cash Fund

To generate optimal returns with high liquidity by investing in high quality money market and debt instruments. However there is no assurance that the investment objective of the scheme will be realized.

IDFC Cash Fund is a Debt - Liquid Fund fund was launched on 4 Jun 08. It is a fund with Low risk and has given a CAGR/Annualized return of 7% since its launch.  Ranked 26 in Liquid Fund category.  Return for 2024 was 7.3% , 2023 was 7% and 2022 was 4.8% .

Below is the key information for IDFC Cash Fund

IDFC Cash Fund
Growth
Launch Date 4 Jun 08
NAV (19 May 25) ₹3,131.78 ↑ 0.62   (0.02 %)
Net Assets (Cr) ₹13,496 on 30 Apr 25
Category Debt - Liquid Fund
AMC IDFC Asset Management Company Limited
Rating
Risk Low
Expense Ratio 0.25
Sharpe Ratio 2.73
Information Ratio 0
Alpha Ratio 0
Min Investment 100
Min SIP Investment 100
Exit Load NIL
Yield to Maturity 7.05%
Effective Maturity 2 Months 7 Days
Modified Duration 2 Months 7 Days

Growth of 10,000 investment over the years.

DateValue
30 Apr 20₹10,000
30 Apr 21₹10,329
30 Apr 22₹10,680
30 Apr 23₹11,311
30 Apr 24₹12,127
30 Apr 25₹13,002

IDFC Cash Fund SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual Returns:
%
Total investment amount is ₹180,000
expected amount after 3 Years is ₹197,169.
Net Profit of ₹17,169
Invest Now

Returns for IDFC Cash Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 19 May 25

DurationReturns
1 Month 0.5%
3 Month 1.7%
6 Month 3.5%
1 Year 7.2%
3 Year 6.8%
5 Year 5.4%
10 Year
15 Year
Since launch 7%
Historical performance (Yearly) on absolute basis
YearReturns
2024 7.3%
2023 7%
2022 4.8%
2021 3.2%
2020 4%
2019 6.3%
2018 7.3%
2017 6.6%
2016 7.6%
2015 8.4%
Fund Manager information for IDFC Cash Fund
NameSinceTenure
Harshal Joshi15 Sep 159.63 Yr.
Brijesh Shah1 Dec 213.41 Yr.

Data below for IDFC Cash Fund as on 30 Apr 25

Asset Allocation
Asset ClassValue
Cash99.65%
Other0.35%
Debt Sector Allocation
SectorValue
Cash Equivalent64.71%
Corporate34.94%
Credit Quality
RatingValue
AAA100%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
Net Current Assets
Net Current Assets | -
23%-₹2,412 Cr
91 Days Tbill Red 05-06-2025
Sovereign Bonds | -
19%₹1,977 Cr200,000,000
↑ 200,000,000
Punjab National Bank
Certificate of Deposit | -
7%₹742 Cr75,000,000
↓ -5,000,000
National Bk For Agriculture & Rural Dev. **
Commercial Paper | -
7%₹690 Cr70,000,000
↑ 70,000,000
Export-Import Bank of India
Commercial Paper | -
7%₹690 Cr70,000,000
↑ 70,000,000
National Bank for Agriculture and Rural Development
Commercial Paper | -
5%₹517 Cr52,500,000
↑ 52,500,000
Triparty Repo Trp_030425_val
CBLO/Reverse Repo | -
5%₹500 Cr
Bank Of Baroda
Certificate of Deposit | -
5%₹494 Cr50,000,000
↑ 50,000,000
Punjab National Bank
Certificate of Deposit | -
4%₹397 Cr40,000,000
Bank Of Baroda
Certificate of Deposit | -
4%₹397 Cr40,000,000

4. ICICI Prudential Ultra Short Term Fund

(Erstwhile ICICI Prudential Regular Income Fund)

The fund’s objective is to generate regular income through investments primarily in debt and money market instruments. As a secondary objective, the Scheme also seeks to generate long term capital appreciation from the portion of equity investments under the Scheme.

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 CAGR/Annualized return of 7.5% since its launch.  Ranked 27 in Ultrashort Bond category.  Return for 2024 was 7.5% , 2023 was 6.9% and 2022 was 4.5% .

Below is the key information for ICICI Prudential Ultra Short Term Fund

ICICI Prudential Ultra Short Term Fund
Growth
Launch Date 3 May 11
NAV (19 May 25) ₹27.4964 ↑ 0.02   (0.06 %)
Net Assets (Cr) ₹15,092 on 30 Apr 25
Category Debt - Ultrashort Bond
AMC ICICI Prudential Asset Management Company Limited
Rating
Risk Moderate
Expense Ratio 0.86
Sharpe Ratio 1.83
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 7.05%
Effective Maturity 8 Months 8 Days
Modified Duration 5 Months 1 Day

Growth of 10,000 investment over the years.

DateValue
30 Apr 20₹10,000
30 Apr 21₹10,634
30 Apr 22₹11,041
30 Apr 23₹11,666
30 Apr 24₹12,510
30 Apr 25₹13,448

ICICI Prudential Ultra Short Term Fund SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual Returns:
%
Total investment amount is ₹180,000
expected amount after 3 Years is ₹200,132.
Net Profit of ₹20,132
Invest Now

Returns for ICICI Prudential Ultra Short Term Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 19 May 25

DurationReturns
1 Month 0.7%
3 Month 2.1%
6 Month 3.8%
1 Year 7.6%
3 Year 7%
5 Year 6.1%
10 Year
15 Year
Since launch 7.5%
Historical performance (Yearly) on absolute basis
YearReturns
2024 7.5%
2023 6.9%
2022 4.5%
2021 4%
2020 6.5%
2019 8.4%
2018 7.5%
2017 6.9%
2016 9.8%
2015 9.1%
Fund Manager information for ICICI Prudential Ultra Short Term Fund
NameSinceTenure
Manish Banthia15 Nov 168.46 Yr.
Ritesh Lunawat15 Jun 177.88 Yr.

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

Asset Allocation
Asset ClassValue
Cash47.44%
Debt52.28%
Other0.28%
Debt Sector Allocation
SectorValue
Corporate56.44%
Cash Equivalent23.12%
Government20.17%
Credit Quality
RatingValue
AA21.29%
AAA78.71%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
7.3% Govt Stock 2028
Sovereign Bonds | -
4%₹585 Cr58,000,000
182 Days Tbill
Sovereign Bonds | -
4%₹488 Cr50,000,000
LIC Housing Finance Limited
Debentures | -
3%₹437 Cr4,350
Bharti Telecom Limited
Debentures | -
2%₹327 Cr32,500
↓ -2,500
National Bank For Agriculture And Rural Development
Debentures | -
2%₹307 Cr30,500
Small Industries Development Bank Of India
Debentures | -
2%₹300 Cr3,000
L&T Metro Rail (Hyderabad) Limited
Debentures | -
2%₹300 Cr3,000
National Bank For Agriculture And Rural Development
Debentures | -
2%₹251 Cr2,500
LIC Housing Finance Limited
Debentures | -
2%₹226 Cr2,250
Oberoi Realty Ltd.
Debentures | -
1%₹201 Cr20,000

5. UTI Ultra Short Term Fund

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

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

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 CAGR/Annualized return of 6.8% since its launch.  Ranked 27 in Ultrashort Bond category.  Return for 2024 was 7.2% , 2023 was 6.7% and 2022 was 4.2% .

Below is the key information for UTI Ultra Short Term Fund

UTI Ultra Short Term Fund
Growth
Launch Date 29 Aug 03
NAV (19 May 25) ₹4,208.67 ↑ 2.28   (0.05 %)
Net Assets (Cr) ₹4,131 on 30 Apr 25
Category Debt - Ultrashort Bond
AMC UTI Asset Management Company Ltd
Rating
Risk Moderately Low
Expense Ratio 0.96
Sharpe Ratio 1.32
Information Ratio 0
Alpha Ratio 0
Min Investment 5,000
Min SIP Investment 500
Exit Load NIL
Yield to Maturity 6.95%
Effective Maturity 5 Months 28 Days
Modified Duration 5 Months 22 Days

Growth of 10,000 investment over the years.

DateValue
30 Apr 20₹10,000
30 Apr 21₹10,469
30 Apr 22₹11,111
30 Apr 23₹11,702
30 Apr 24₹12,517
30 Apr 25₹13,432

UTI Ultra Short Term Fund SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual Returns:
%
Total investment amount is ₹180,000
expected amount after 3 Years is ₹200,132.
Net Profit of ₹20,132
Invest Now

Returns for UTI Ultra Short Term Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 19 May 25

DurationReturns
1 Month 0.6%
3 Month 2%
6 Month 3.6%
1 Year 7.4%
3 Year 6.7%
5 Year 6%
10 Year
15 Year
Since launch 6.8%
Historical performance (Yearly) on absolute basis
YearReturns
2024 7.2%
2023 6.7%
2022 4.2%
2021 6.1%
2020 5.3%
2019 3.3%
2018 7%
2017 6.6%
2016 8.9%
2015 8.5%
Fund Manager information for UTI Ultra Short Term Fund
NameSinceTenure
Anurag Mittal21 Jan 250.27 Yr.

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

Asset Allocation
Asset ClassValue
Cash64.1%
Debt35.7%
Other0.2%
Debt Sector Allocation
SectorValue
Corporate54.04%
Cash Equivalent33.87%
Government11.89%
Credit Quality
RatingValue
AA18.56%
AAA81.44%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
Small Industries Development Bank Of India
Debentures | -
4%₹180 Cr1,800
↑ 500
182 Days Tbill
Sovereign Bonds | -
4%₹147 Cr1,500,000,000
Bajaj Housing Finance Limited
Debentures | -
2%₹101 Cr1,000
182 Days Tbill
Sovereign Bonds | -
2%₹98 Cr1,000,000,000
Shriram Finance Limited
Debentures | -
2%₹81 Cr8,000
↑ 5,000
Small Industries Development Bank Of India
Debentures | -
2%₹75 Cr750
LIC Housing Finance Ltd
Debentures | -
2%₹75 Cr750
Indian Bank
Domestic Bonds | -
2%₹71 Cr750,000,000
Small Industries Development Bank Of India
Debentures | -
1%₹50 Cr500
National Bank For Agriculture And Rural Development
Debentures | -
1%₹50 Cr500
↑ 250

6. Invesco India Ultra Short Term Fund

(Erstwhile Invesco India Medium Term Bond Fund)

The objective is to generate regular income and capital appreciation by investing in a portfolio of medium term debt and money market instruments.

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 CAGR/Annualized return of 7.1% since its launch.  Ranked 40 in Ultrashort Bond category.  Return for 2024 was 7.5% , 2023 was 6.6% and 2022 was 4.1% .

Below is the key information for Invesco India Ultra Short Term Fund

Invesco India Ultra Short Term Fund
Growth
Launch Date 30 Dec 10
NAV (19 May 25) ₹2,677.59 ↑ 1.44   (0.05 %)
Net Assets (Cr) ₹1,130 on 15 Apr 25
Category Debt - Ultrashort Bond
AMC Invesco Asset Management (India) Private Ltd
Rating
Risk Moderate
Expense Ratio 0.74
Sharpe Ratio 1.69
Information Ratio 0
Alpha Ratio 0
Min Investment 5,000
Min SIP Investment 1,000
Exit Load NIL
Yield to Maturity 6.88%
Effective Maturity 5 Months 18 Days
Modified Duration 5 Months 6 Days

Growth of 10,000 investment over the years.

DateValue
30 Apr 20₹10,000
30 Apr 21₹10,424
30 Apr 22₹10,751
30 Apr 23₹11,310
30 Apr 24₹12,118
30 Apr 25₹13,017

Invesco India Ultra Short Term Fund SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual Returns:
%
Total investment amount is ₹180,000
expected amount after 3 Years is ₹197,169.
Net Profit of ₹17,169
Invest Now

Returns for Invesco India Ultra Short Term Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 19 May 25

DurationReturns
1 Month 0.6%
3 Month 2%
6 Month 3.8%
1 Year 7.5%
3 Year 6.8%
5 Year 5.4%
10 Year
15 Year
Since launch 7.1%
Historical performance (Yearly) on absolute basis
YearReturns
2024 7.5%
2023 6.6%
2022 4.1%
2021 3%
2020 5.1%
2019 7.6%
2018 7.3%
2017 7.1%
2016 9.1%
2015 8.3%
Fund Manager information for Invesco India Ultra Short Term Fund
NameSinceTenure
Krishna Cheemalapati4 Jan 205.32 Yr.
Vikas Garg27 Jul 213.76 Yr.

Data below for Invesco India Ultra Short Term Fund as on 15 Apr 25

Asset Allocation
Asset ClassValue
Cash37.55%
Debt62.08%
Other0.37%
Debt Sector Allocation
SectorValue
Corporate60.8%
Cash Equivalent25.46%
Government13.37%
Credit Quality
RatingValue
AA39.25%
AAA60.75%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
Small Industries Development Bank Of India
Debentures | -
8%₹85 Cr8,500,000
National Bank For Agriculture And Rural Development
Debentures | -
5%₹50 Cr5,000,000
Cholamandalam Investment And Finance Company Limited
Debentures | -
4%₹40 Cr4,000,000
Export Import Bank Of India
Debentures | -
4%₹40 Cr4,000,000
Torrent Power Limited
Debentures | -
2%₹25 Cr2,500,000
Bharti Telecom Limited
Debentures | -
2%₹25 Cr2,500,000
Godrej Industries Limited
Debentures | -
2%₹25 Cr2,500,000
Tata Projects Ltd.
Debentures | -
2%₹25 Cr2,500,000
Tata Realty And Infrastructure Limited
Debentures | -
2%₹25 Cr2,500,000
Bharti Telecom Limited
Debentures | -
2%₹25 Cr2,500,000

7. Kotak Savings Fund

(Erstwhile Kotak Treasury Advantage Fund)

The investment objective of the Scheme is to generate returns through investments in debt and money market instruments with a view to reduce the interest rate risk. However, there is no assurance or guarantee that the investment objective of the scheme will be achieved.

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 CAGR/Annualized return of 7.2% since its launch.  Ranked 44 in Ultrashort Bond category.  Return for 2024 was 7.2% , 2023 was 6.8% and 2022 was 4.5% .

Below is the key information for Kotak Savings Fund

Kotak Savings Fund
Growth
Launch Date 13 Aug 04
NAV (19 May 25) ₹42.5767 ↑ 0.03   (0.06 %)
Net Assets (Cr) ₹14,924 on 30 Apr 25
Category Debt - Ultrashort Bond
AMC Kotak Mahindra Asset Management Co Ltd
Rating
Risk Moderately Low
Expense Ratio 0.8
Sharpe Ratio 1.3
Information Ratio 0
Alpha Ratio 0
Min Investment 5,000
Min SIP Investment 1,000
Exit Load NIL
Yield to Maturity 6.85%
Effective Maturity 5 Months 23 Days
Modified Duration 5 Months 16 Days

Growth of 10,000 investment over the years.

DateValue
30 Apr 20₹10,000
30 Apr 21₹10,487
30 Apr 22₹10,847
30 Apr 23₹11,445
30 Apr 24₹12,246
30 Apr 25₹13,146

Kotak Savings Fund SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual Returns:
%
Total investment amount is ₹180,000
expected amount after 3 Years is ₹197,169.
Net Profit of ₹17,169
Invest Now

Returns for Kotak Savings Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 19 May 25

DurationReturns
1 Month 0.6%
3 Month 2.1%
6 Month 3.7%
1 Year 7.5%
3 Year 6.8%
5 Year 5.6%
10 Year
15 Year
Since launch 7.2%
Historical performance (Yearly) on absolute basis
YearReturns
2024 7.2%
2023 6.8%
2022 4.5%
2021 3.2%
2020 5.8%
2019 7.8%
2018 7.4%
2017 6.7%
2016 8.2%
2015 8.6%
Fund Manager information for Kotak Savings Fund
NameSinceTenure
Deepak Agrawal15 Apr 0817.05 Yr.
Manu Sharma1 Nov 222.5 Yr.

Data below for Kotak Savings Fund as on 30 Apr 25

Asset Allocation
Asset ClassValue
Cash65.31%
Debt34.4%
Other0.3%
Debt Sector Allocation
SectorValue
Corporate57.68%
Cash Equivalent25.06%
Government16.97%
Credit Quality
RatingValue
AA9.65%
AAA90.35%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
182 DTB 15052025
Sovereign Bonds | -
4%₹498 Cr50,000,000
Rural Electrification Corporation Limited
Debentures | -
4%₹478 Cr47,500
National Bank For Agriculture And Rural Development
Debentures | -
3%₹462 Cr46,000
Mankind Pharma Ltd
Debentures | -
2%₹303 Cr30,000
364 DTB 19mar2026
Sovereign Bonds | -
2%₹237 Cr25,000,000
National Bank For Agriculture And Rural Development
Debentures | -
2%₹231 Cr2,300
Bharti Telecom Limited
Debentures | -
2%₹226 Cr2,250
Bajaj Housing Finance Limited
Debentures | -
2%₹216 Cr2,150
08.49 Tn SDL 2026
Sovereign Bonds | -
2%₹204 Cr20,080,000
Vedanta Limited
Debentures | -
1%₹200 Cr20,000

8. IDBI Ultra Short Term Fund

The objective of the Scheme will be to provide investors with regular income for their investment by investing in debt and money market instruments with relatively lower interest rate risk, such that the Macaulay duration of the portfolio is maintained between 3 months to 6 months. However, there can be no assurance that the investment objective of the Scheme will be realized.

IDBI Ultra Short Term Fund is a Debt - Ultrashort Bond fund was launched on 3 Sep 10. It is a fund with Moderately Low risk and has given a CAGR/Annualized return of 7.1% since its launch.  Ranked 78 in Ultrashort Bond category. .

Below is the key information for IDBI Ultra Short Term Fund

IDBI Ultra Short Term Fund
Growth
Launch Date 3 Sep 10
NAV (28 Jul 23) ₹2,424.68 ↑ 0.44   (0.02 %)
Net Assets (Cr) ₹146 on 30 Jun 23
Category Debt - Ultrashort Bond
AMC IDBI Asset Management Limited
Rating
Risk Moderately Low
Expense Ratio 0.6
Sharpe Ratio -0.57
Information Ratio 0
Alpha Ratio 0
Min Investment 5,000
Min SIP Investment 500
Exit Load NIL
Yield to Maturity 6.83%
Effective Maturity 2 Months 23 Days
Modified Duration 2 Months 10 Days

Growth of 10,000 investment over the years.

DateValue
30 Apr 20₹10,000
30 Apr 21₹10,511
30 Apr 22₹10,934
30 Apr 23₹11,545

IDBI Ultra Short Term Fund SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual Returns:
%
Total investment amount is ₹180,000
expected amount after 3 Years is ₹197,169.
Net Profit of ₹17,169
Invest Now

Returns for IDBI Ultra Short Term Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 19 May 25

DurationReturns
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
YearReturns
2024
2023
2022
2021
2020
2019
2018
2017
2016
2015
Fund Manager information for IDBI Ultra Short Term Fund
NameSinceTenure

Data below for IDBI Ultra Short Term Fund as on 30 Jun 23

Asset Allocation
Asset ClassValue
Debt Sector Allocation
SectorValue
Credit Quality
RatingValue
Top Securities Holdings / Portfolio
NameHoldingValueQuantity

9. Principal Ultra Short Term Fund

(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 CAGR/Annualized return of 5.8% since its launch.  Ranked 43 in Ultrashort Bond category.  Return for 2024 was 6.4% , 2023 was 6.1% and 2022 was 3.7% .

Below is the key information for Principal Ultra Short Term Fund

Principal Ultra Short Term Fund
Growth
Launch Date 28 Dec 07
NAV (19 May 25) ₹2,668.68 ↑ 1.40   (0.05 %)
Net Assets (Cr) ₹2,225 on 30 Apr 25
Category Debt - Ultrashort Bond
AMC Principal Pnb Asset Mgmt. Co. Priv. Ltd.
Rating
Risk Moderately Low
Expense Ratio 1.41
Sharpe Ratio -0.98
Information Ratio 0
Alpha Ratio 0
Min Investment 5,000
Min SIP Investment 2,000
Exit Load NIL
Yield to Maturity 6.82%
Effective Maturity 6 Months 15 Days
Modified Duration 6 Months 11 Days

Growth of 10,000 investment over the years.

DateValue
30 Apr 20₹10,000
30 Apr 21₹10,339
30 Apr 22₹10,617
30 Apr 23₹11,132
30 Apr 24₹11,825
30 Apr 25₹12,602

Principal Ultra Short Term Fund SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual Returns:
%
Total investment amount is ₹180,000
expected amount after 3 Years is ₹194,235.
Net Profit of ₹14,235
Invest Now

Returns for Principal Ultra Short Term Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 19 May 25

DurationReturns
1 Month 0.5%
3 Month 1.9%
6 Month 3.3%
1 Year 6.6%
3 Year 6%
5 Year 4.7%
10 Year
15 Year
Since launch 5.8%
Historical performance (Yearly) on absolute basis
YearReturns
2024 6.4%
2023 6.1%
2022 3.7%
2021 2.7%
2020 4.1%
2019 6.5%
2018 1.2%
2017 6.3%
2016 7.9%
2015 8.8%
Fund Manager information for Principal Ultra Short Term Fund
NameSinceTenure
Dwijendra Srivastava16 May 222.96 Yr.
Sandeep Agarwal1 Jan 223.33 Yr.

Data below for Principal Ultra Short Term Fund as on 30 Apr 25

Asset Allocation
Asset ClassValue
Cash85.72%
Debt14.04%
Other0.24%
Debt Sector Allocation
SectorValue
Corporate48.52%
Cash Equivalent44.97%
Government6.28%
Credit Quality
RatingValue
AA8.65%
AAA91.35%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
Bharti Telecom Limited
Debentures | -
3%₹70 Cr7,000
Rural Electrification Corporation Limited
Debentures | -
2%₹55 Cr5,500
182 Days Tbill Red 23-05-2025
Sovereign Bonds | -
2%₹40 Cr4,000,000
Shriram Finance Limited
Debentures | -
1%₹30 Cr3,000
National Bank for Agriculture and Rural Development
Domestic Bonds | -
1%₹28 Cr600
National Bank For Agriculture And Rural Development
Debentures | -
1%₹25 Cr2,500
Hdb Financial Services Limited
Debentures | -
1%₹25 Cr250
182 Days Tbill (Md 01/05/2025)
Sovereign Bonds | -
1%₹25 Cr2,500,000
National Bank For Agriculture And Rural Development
Debentures | -
1%₹25 Cr250
Cholamandalam Investment And Fin. Co. Ltd
Debentures | -
1%₹20 Cr200

10. DSP BlackRock Money Manager Fund

"The primary investment objective of the Scheme is to seek to generate reasonable returns commensurate with low risk and a high degree of liquidity, from a portfolio constituted of money market securities and high quality debt securities. However, there can be no assurance that the investment objective of the Scheme will be realized."

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 CAGR/Annualized return of 6.7% since its launch.  Ranked 75 in Ultrashort Bond category.  Return for 2024 was 6.9% , 2023 was 6.7% and 2022 was 4.1% .

Below is the key information for DSP BlackRock Money Manager Fund

DSP BlackRock Money Manager Fund
Growth
Launch Date 31 Jul 06
NAV (19 May 25) ₹3,382.29 ↑ 1.81   (0.05 %)
Net Assets (Cr) ₹4,197 on 30 Apr 25
Category Debt - Ultrashort Bond
AMC DSP BlackRock Invmt Managers Pvt. Ltd.
Rating
Risk Moderately Low
Expense Ratio 1.02
Sharpe Ratio 1.03
Information Ratio 0
Alpha Ratio 0
Min Investment 1,000
Min SIP Investment 500
Exit Load NIL
Yield to Maturity 6.79%
Effective Maturity 6 Months
Modified Duration 5 Months 8 Days

Growth of 10,000 investment over the years.

DateValue
30 Apr 20₹10,000
30 Apr 21₹10,384
30 Apr 22₹10,698
30 Apr 23₹11,250
30 Apr 24₹12,023
30 Apr 25₹12,899

DSP BlackRock Money Manager Fund SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual Returns:
%
Total investment amount is ₹180,000
expected amount after 3 Years is ₹197,169.
Net Profit of ₹17,169
Invest Now

Returns for DSP BlackRock Money Manager Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 19 May 25

DurationReturns
1 Month 0.6%
3 Month 2.1%
6 Month 3.8%
1 Year 7.3%
3 Year 6.6%
5 Year 5.2%
10 Year
15 Year
Since launch 6.7%
Historical performance (Yearly) on absolute basis
YearReturns
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%
2015 7.9%
Fund Manager information for DSP BlackRock Money Manager Fund
NameSinceTenure
Karan Mundhra31 May 213.92 Yr.
Shalini Vasanta1 Jan 250.33 Yr.

Data below for DSP BlackRock Money Manager Fund as on 30 Apr 25

Asset Allocation
Asset ClassValue
Cash65.9%
Debt33.74%
Other0.36%
Debt Sector Allocation
SectorValue
Corporate50.14%
Cash Equivalent32.8%
Government16.7%
Credit Quality
RatingValue
AA5.09%
AAA94.91%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
LIC Housing Finance Ltd
Debentures | -
4%₹158 Cr1,500
364 DTB 06112025
Sovereign Bonds | -
3%₹97 Cr10,000,000
Small Industries Development Bank Of India
Debentures | -
2%₹79 Cr750
Small Industries Development Bank Of India
Debentures | -
2%₹79 Cr750
↑ 500
182 DTB 31072025
Sovereign Bonds | -
2%₹64 Cr6,500,000
Cholamandalam Investment And Finance Company Limited
Debentures | -
2%₹62 Cr500
National Bank For Agriculture And Rural Development
Debentures | -
1%₹53 Cr5,000
LIC Housing Finance Ltd
Debentures | -
1%₹53 Cr500
National Bank For Agriculture And Rural Development
Debentures | -
1%₹53 Cr500
↑ 250
Tata Capital Housing Finance Limited
Debentures | -
1%₹52 Cr500
↑ 500

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