Table of Contents
Top 10 Funds
Recurring deposit Vs Fixed Deposit? Thinking where to save your money? Well, many times, investors get confused whether to invest in a Recurring Deposit (RD) or a Fixed Deposit (FD). Though they are the most popular saving schemes, especially amongst risk-averse investors, it is important to understand how RD and FD differ from each other and which is a better Investing option.
RD is a Financial Instrument mainly directed towards encouraging savings. In this scheme, investors have the flexibility to save a specific sum every month either in a Bank’s or financial institution’s RD account for a predetermined tenure and earn interest on this amount. At maturity, interest is paid out along with the principal amount.
Fixed deposits are a type of financial instruments provided by banks for a fixed predefined tenure and a Fixed Rate of Interest. In this scheme, a fixed sum is deposited once at the time of creating an FD account. At the end of the tenure, the interest amount for the chosen tenure is calculated with the principal amount and the total sum is paid out cumulatively.
Parameters | Recurring Deposit (RD) | Fixed Deposit (FD) |
---|---|---|
Tenure | Tenure of RD usually varies from 6 months to 10 years | Tenure of FD scheme ranges between 7 days to 10 years |
Interest Calculations | compounding of interest generally occurs on every quarter for an RD scheme | In FD, compound interest is calculated on the interest accrued every year |
Eligibility | All resident Indians and Hindu Undivided Families (HUFs) are eligible to open RD account. This account can also be opened for minors by their parents or legal guardians | All resident Indians and Hindu Undivided Families (HUFs) are eligible to open a fixed deposit account |
Tax Benefits | No tax benefit is offered in this scheme | For Fixed Deposit, a tax exemption under the Section 80C of income tax Act 1961 is applicable. This is applicable for deposits over 5 years (as per current laws) |
Rate of Return | The interest rate is same as FD but usually, depends on tenure and monthly investment amount | The interest rate is same as RD but depends on the Capital and tenure opted for |
Additional Benefits | Most banks offer loans for up to 90% of the deposit value | Most banks offer loans for up to 70%- 90% of the deposit value. |
Withdrawals | In some case, premature withdrawal is allowed without a penalty. While some banks may charge a penalty | Premature withdrawal is allowed with a penalty |
Income Interest | Interest earned on RD is taxable and most banks deduct TDS | Interest earned on FD is taxable and most of the banks deduct TDS |
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Since both RD and FD are suitable for risk-averse investors, the final choice depends on one’s needs. In an FD account, interest is compounded on the initial lump sum deposited. The entire deposited amount earns interest for a year. However, in a RD, only the 1st deposit earns interest for the first year, i.e. 12 months. The second deposit earns interest for 11 months, the third for 10 months, and so on. The compounding effect enables Fixed Deposits to generate higher returns for the investors.
Though in time, one can earn more money with a Fixed Deposit (example illustrated below), but it does not have the flexibility of a Recurring Deposit account in terms of being able to deposit small amounts monthly. So, those who don’t have a lump sum to invest can prefer monthly investments.
For better understanding, we have illustrated the difference in both the schemes. Users can hence clearly understand and choose well.
Illustration:
Lets’ assume you invest INR 1000
(monthly for a year) in a Recurring Deposit and you have invested lump sum INR 12,000
in a Fixed Deposit at the start of the year. Both these products offer you a 9 percent interest compounded quarterly. So, the Earnings from these two schemes is as given below-
Particulars | Recurring Deposit (RD) | Fixed Deposit (FD) |
---|---|---|
Amount Invested | INR 5,000 (monthly) | INR 60,000 (lump sum) |
Tenure | 12 months | 12 months |
Annual Interest Rates | 6% | 6% |
Total Amount Earned | INR 61,986 | INR 63,701 |
Net Profit | INR 1,986 | INR 3,701 |
Now when you know the major difference between RD and FD, you can choose one and invest wisely. Though FD gives a better growth comparatively to RD, most of the time, it is not feasible for a single instrument to meet all your needs. So, when you don’t have a lump sum to invest, you can save a smaller amount from your income every month and invest in a Recurring Deposit!
(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 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 Invesco India Medium Term Bond Fund) The objective is to generate regular income and capital appreciation by investing in a portfolio of medium term debt and money market instruments. Invesco India Ultra Short Term Fund is a Debt - Ultrashort Bond fund was launched on 30 Dec 10. It is a fund with Moderate risk and has given a Below is the key information for Invesco India Ultra Short Term Fund Returns up to 1 year are on (Erstwhile 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 To provide high level of liquidity with reasonable returns commensurating with low risk through a portfolio of money market & debt securities. However, there can be no assurance that the investment objective will be achieved. The scheme does not assure or guarantee any returns. Essel Liquid Fund is a Debt - Liquid Fund fund was launched on 19 Feb 10. It is a fund with Low risk and has given a Below is the key information for Essel Liquid Fund Returns up to 1 year are on 1. 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 (22 Aug 23) ₹3,730.09 ↑ 0.71 (0.02 %) Net Assets (Cr) ₹2,494 on 31 Jul 23 Category Debt - Ultrashort Bond AMC UTI Asset Management Company Ltd Rating ☆☆☆☆ Risk Moderately Low Expense Ratio 0.95 Sharpe Ratio -0.72 Information Ratio 0 Alpha Ratio 0 Min Investment 5,000 Min SIP Investment 500 Exit Load NIL Yield to Maturity 7.49% Effective Maturity 5 Months 16 Days Modified Duration 5 Months 9 Days Growth of 10,000 investment over the years.
Date Value 31 Aug 18 ₹10,000 31 Aug 19 ₹10,301 31 Aug 20 ₹10,965 31 Aug 21 ₹11,384 31 Aug 22 ₹12,093 31 Aug 23 ₹12,866 Returns for UTI Ultra Short Term Fund
absolute basis
& more than 1 year are on CAGR (Compound Annual Growth Rate)
basis. as on 22 Aug 23 Duration Returns 1 Month 0.5% 3 Month 1.6% 6 Month 3.5% 1 Year 6.3% 3 Year 5.5% 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 8.18 Yr. Data below for UTI Ultra Short Term Fund as on 31 Jul 23
Asset Allocation
Asset Class Value Cash 71.98% Debt 28.02% Debt Sector Allocation
Sector Value Corporate 46.93% Cash Equivalent 43.04% Government 10.02% Credit Quality
Rating Value AA 19.68% AAA 80.32% Top Securities Holdings / Portfolio
Name Holding Value Quantity 91 DTB 12102023
Sovereign Bonds | -7% ₹174 Cr 1,750,000,000 Embassy Office Parks Reit
Debentures | -3% ₹75 Cr 750 182 DTB 29092023
Sovereign Bonds | -2% ₹60 Cr 600,000,000
↓ -310,000,000 Reliance Industries Limited
Debentures | -2% ₹50 Cr 500 LIC Housing Finance Limited
Debentures | -2% ₹50 Cr 500
↑ 500 Torrent Power Limited
Debentures | -2% ₹50 Cr 500 National Bank For Agriculture And Rural Development
Debentures | -2% ₹50 Cr 500 G R Infraprojects Limited
Debentures | -2% ₹49 Cr 500 182 DTB 14092023
Sovereign Bonds | -2% ₹45 Cr 450,000,000 TATA Motors Finance Solutions Limited
Debentures | -2% ₹39 Cr 390 2. 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 (22 Aug 23) ₹3,542.95 ↑ 0.67 (0.02 %) Net Assets (Cr) ₹5,854 on 31 Jul 23 Category Debt - Ultrashort Bond AMC Nippon Life Asset Management Ltd. Rating ☆☆ Risk Low Expense Ratio 1.17 Sharpe Ratio -0.54 Information Ratio 0 Alpha Ratio 0 Min Investment 100 Min SIP Investment 100 Exit Load NIL Yield to Maturity 7.46% Effective Maturity 5 Months 5 Days Modified Duration 4 Months 21 Days Growth of 10,000 investment over the years.
Date Value 31 Aug 18 ₹10,000 31 Aug 19 ₹10,587 31 Aug 20 ₹10,631 31 Aug 21 ₹11,564 31 Aug 22 ₹12,019 31 Aug 23 ₹12,786 Returns for Nippon India Ultra Short Duration Fund
absolute basis
& more than 1 year are on CAGR (Compound Annual Growth Rate)
basis. as on 22 Aug 23 Duration Returns 1 Month 0.5% 3 Month 1.6% 6 Month 3.4% 1 Year 6.3% 3 Year 6.4% 5 Year 5% 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 9.92 Yr. Kinjal Desai 25 May 18 5.27 Yr. Akshay Sharma 1 Dec 22 0.75 Yr. Data below for Nippon India Ultra Short Duration Fund as on 31 Jul 23
Asset Allocation
Asset Class Value Cash 73.38% Debt 26.62% Debt Sector Allocation
Sector Value Cash Equivalent 46.48% Corporate 32.72% Government 20.8% Credit Quality
Rating Value AA 23.98% AAA 76.02% Top Securities Holdings / Portfolio
Name Holding Value Quantity 182 DTB 07122023
Sovereign Bonds | -4% ₹246 Cr 25,000,000 182 DTB 18012024
Sovereign Bonds | -4% ₹244 Cr 25,000,000 364 DTB 27102023
Sovereign Bonds | -3% ₹198 Cr 20,000,000 Tata Realty And Infrastructure Limited
Debentures | -3% ₹175 Cr 1,750
↓ -250 Embassy Office Parks Reit
Debentures | -3% ₹150 Cr 1,500 Samvardhana Motherson International Limited
Debentures | -2% ₹135 Cr 1,350 Piramal Capital & Housing Finance Ltd
Debentures | -2% ₹120 Cr 12,000 TATA Motors Limited
Debentures | -2% ₹110 Cr 1,100 08.39 RJ UDAY 2024
Domestic Bonds | -2% ₹101 Cr 10,000,000 Shriram Transport Finance Company Limited
Debentures | -1% ₹75 Cr 7,500 3. 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 (22 Aug 23) ₹477.445 ↑ 0.09 (0.02 %) Net Assets (Cr) ₹14,783 on 31 Jul 23 Category Debt - Ultrashort Bond AMC Birla Sun Life Asset Management Co Ltd Rating ☆☆☆☆☆ Risk Moderately Low Expense Ratio 0.52 Sharpe Ratio 1.11 Information Ratio 0 Alpha Ratio 0 Min Investment 1,000 Min SIP Investment 1,000 Exit Load NIL Yield to Maturity 7.39% Effective Maturity 5 Months 8 Days Modified Duration 5 Months 1 Day Growth of 10,000 investment over the years.
Date Value 31 Aug 18 ₹10,000 31 Aug 19 ₹10,897 31 Aug 20 ₹11,732 31 Aug 21 ₹12,264 31 Aug 22 ₹12,745 31 Aug 23 ₹13,620 Returns for Aditya Birla Sun Life Savings Fund
absolute basis
& more than 1 year are on CAGR (Compound Annual Growth Rate)
basis. as on 22 Aug 23 Duration Returns 1 Month 0.6% 3 Month 1.7% 6 Month 3.7% 1 Year 6.8% 3 Year 5.1% 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 20 Jun 14 9.21 Yr. Kaustubh Gupta 15 Jul 11 12.14 Yr. Monika Gandhi 22 Mar 21 2.45 Yr. Dhaval Joshi 21 Nov 22 0.78 Yr. Data below for Aditya Birla Sun Life Savings Fund as on 31 Jul 23
Asset Allocation
Asset Class Value Cash 54.34% Debt 45.66% Debt Sector Allocation
Sector Value Corporate 46.88% Cash Equivalent 30.31% Government 22.81% Credit Quality
Rating Value AA 20.68% AAA 79.32% Top Securities Holdings / Portfolio
Name Holding Value Quantity HDFC Bank Limited
Debentures | -4% ₹597 Cr 6,000 182 DTB 21122023
Sovereign Bonds | -3% ₹465 Cr 47,500,000 Tata Realty And Infrastructure Limited
Debentures | -2% ₹360 Cr 36,000 Hindalco Industries Limited
Debentures | -2% ₹350 Cr 35,000 Bharti Telecom Limited
Debentures | -2% ₹325 Cr 3,250 182 DTB 07122023
Sovereign Bonds | -2% ₹295 Cr 30,000,000 Cholamandalam Investment And Fin. Co. Ltd
Debentures | -2% ₹250 Cr 2,500 HDFC Bank Limited
Debentures | -2% ₹245 Cr 2,450 India (Republic of)
- | -1% ₹173 Cr 17,500,000 Reliance Industries Limited
Debentures | -1% ₹150 Cr 1,500 4. 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 (22 Aug 23) ₹24.2611 ↑ 0.00 (0.02 %) Net Assets (Cr) ₹13,815 on 31 Jul 23 Category Debt - Ultrashort Bond AMC ICICI Prudential Asset Management Company Limited Rating ☆☆☆ Risk Moderate Expense Ratio 0.86 Sharpe Ratio 0.23 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 7.37% Effective Maturity 5 Months 8 Days Modified Duration 4 Months 17 Days Growth of 10,000 investment over the years.
Date Value 31 Aug 18 ₹10,000 31 Aug 19 ₹10,855 31 Aug 20 ₹11,664 31 Aug 21 ₹12,198 31 Aug 22 ₹12,661 31 Aug 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 22 Aug 23 Duration Returns 1 Month 0.5% 3 Month 1.6% 6 Month 3.6% 1 Year 6.6% 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 6.8 Yr. Ritesh Lunawat 15 Jun 17 6.22 Yr. Data below for ICICI Prudential Ultra Short Term Fund as on 31 Jul 23
Asset Allocation
Asset Class Value Cash 57.55% Debt 42.45% Debt Sector Allocation
Sector Value Corporate 51.42% Government 26.23% Cash Equivalent 22.35% Credit Quality
Rating Value AA 12.68% AAA 87.32% Top Securities Holdings / Portfolio
Name Holding Value Quantity 8.83% Govt Stock 2023
Sovereign Bonds | -4% ₹502 Cr 50,000,000 Embassy Office Parks Reit
Debentures | -3% ₹418 Cr 4,200
↓ -250 182 DTB 21122023
Sovereign Bonds | -2% ₹314 Cr 32,000,000 LIC Housing Finance Limited
Debentures | -2% ₹296 Cr 2,950 182 DTB 07122023
Sovereign Bonds | -2% ₹295 Cr 30,000,000 National Bank For Agriculture And Rural Development
Debentures | -2% ₹275 Cr 2,750 National Bank For Agriculture And Rural Development
Debentures | -2% ₹258 Cr 2,600 08.35 SBI RT SB 2024
Domestic Bonds | -2% ₹252 Cr 25,000,000 Mahindra Rural Housing Finance Limited
Debentures | -2% ₹201 Cr 2,000 Apollo Building Products Private Limited
Debentures | -1% ₹199 Cr 20,000 5. Kotak Savings Fund
CAGR/Annualized
return of 7.2% since its launch. Ranked 44 in Ultrashort Bond
category. Return for 2022 was 4.5% , 2021 was 3.2% and 2020 was 5.8% . Kotak Savings Fund
Growth Launch Date 13 Aug 04 NAV (22 Aug 23) ₹37.7024 ↑ 0.01 (0.02 %) Net Assets (Cr) ₹13,066 on 31 Jul 23 Category Debt - Ultrashort Bond AMC Kotak Mahindra Asset Management Co Ltd Rating ☆☆☆ Risk Moderately Low Expense Ratio 0.47 Sharpe Ratio -0.12 Information Ratio 0 Alpha Ratio 0 Min Investment 5,000 Min SIP Investment 1,000 Exit Load NIL Yield to Maturity 7.29% Effective Maturity 8 Months 12 Days Modified Duration 5 Months 19 Days Growth of 10,000 investment over the years.
Date Value 31 Aug 18 ₹10,000 31 Aug 19 ₹10,831 31 Aug 20 ₹11,554 31 Aug 21 ₹11,969 31 Aug 22 ₹12,397 31 Aug 23 ₹13,209 Returns for Kotak Savings Fund
absolute basis
& more than 1 year are on CAGR (Compound Annual Growth Rate)
basis. as on 22 Aug 23 Duration Returns 1 Month 0.5% 3 Month 1.6% 6 Month 3.5% 1 Year 6.5% 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 15.39 Yr. Manu Sharma 1 Nov 22 0.83 Yr. Palha Khanna 3 Jul 23 0.16 Yr. Data below for Kotak Savings Fund as on 31 Jul 23
Asset Allocation
Asset Class Value Cash 73.73% Debt 26.27% Debt Sector Allocation
Sector Value Corporate 43.58% Government 32.59% Cash Equivalent 23.83% Credit Quality
Rating Value AA 7.09% AAA 92.91% Top Securities Holdings / Portfolio
Name Holding Value Quantity 182 DTB 14092023
Sovereign Bonds | -5% ₹638 Cr 64,000,010
↓ -5,000,000 91 DTB 12102023
Sovereign Bonds | -4% ₹496 Cr 50,000,000 6.97% Govt Stock 2024
Sovereign Bonds | -3% ₹390 Cr 39,000,000 Mahindra & Mahindra Financial Services Ltd
Debentures | -3% ₹350 Cr 3,500 182 DTB 29022024
Sovereign Bonds | -2% ₹309 Cr 31,981,000
↑ 31,981,000 182 DTB 25012024
Sovereign Bonds | -2% ₹243 Cr 25,000,000 182 DTB 08022024
Sovereign Bonds | -2% ₹243 Cr 25,000,000
↑ 25,000,000 Rural Electrification Corporation Limited
Debentures | -2% ₹209 Cr 2,100 08.30 FERT BND 2023
Domestic Bonds | -1% ₹176 Cr 17,565,000 HDFC Bank Limited
Debentures | -1% ₹175 Cr 1,750 6. 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 (22 Aug 23) ₹2,998.43 ↑ 0.51 (0.02 %) Net Assets (Cr) ₹2,659 on 31 Jul 23 Category Debt - Ultrashort Bond AMC DSP BlackRock Invmt Managers Pvt. Ltd. Rating ☆☆ Risk Moderately Low Expense Ratio 1.02 Sharpe Ratio -1.41 Information Ratio 0 Alpha Ratio 0 Min Investment 1,000 Min SIP Investment 500 Exit Load NIL Yield to Maturity 7.21% Effective Maturity 4 Months 20 Days Modified Duration 4 Months 10 Days Growth of 10,000 investment over the years.
Date Value 31 Aug 18 ₹10,000 31 Aug 19 ₹10,576 31 Aug 20 ₹11,170 31 Aug 21 ₹11,522 31 Aug 22 ₹11,888 31 Aug 23 ₹12,623 Returns for DSP BlackRock Money Manager Fund
absolute basis
& more than 1 year are on CAGR (Compound Annual Growth Rate)
basis. as on 22 Aug 23 Duration Returns 1 Month 0.5% 3 Month 1.5% 6 Month 3.3% 1 Year 6.1% 3 Year 4.1% 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 7.13 Yr. Karan Mundhra 31 May 21 2.25 Yr. Data below for DSP BlackRock Money Manager Fund as on 31 Jul 23
Asset Allocation
Asset Class Value Cash 75.72% Debt 24.28% Debt Sector Allocation
Sector Value Cash Equivalent 36.08% Government 34.11% Corporate 29.81% Credit Quality
Rating Value AAA 100% Top Securities Holdings / Portfolio
Name Holding Value Quantity National Bank For Agriculture And Rural Development
Debentures | -6% ₹151 Cr 1,500 364 DTB 07032024
Sovereign Bonds | -6% ₹145 Cr 15,000,000 182 DTB 25012024
Sovereign Bonds | -4% ₹97 Cr 10,000,000 182 DTB 21122023
Sovereign Bonds | -3% ₹73 Cr 7,500,000 364 DTB 26012024
Sovereign Bonds | -3% ₹73 Cr 7,500,000
↑ 7,500,000 182 DTB 18012024
Sovereign Bonds | -1% ₹35 Cr 3,619,400 National Bank For Agriculture And Rural Development
Debentures | -1% ₹26 Cr 250 Goi 12.10.2023 Gov
Sovereign Bonds | -0% ₹6 Cr 563,000 Treps / Reverse Repo Investments / Corporate Debt Repo
CBLO/Reverse Repo | -7% ₹181 Cr Axis Bank Limited
Certificate of Deposit | -4% ₹95 Cr 2,000 7. SBI Magnum Ultra Short Duration Fund
CAGR/Annualized
return of 7.1% since its launch. Return for 2022 was 4.5% , 2021 was 3.4% and 2020 was 5.9% . SBI Magnum Ultra Short Duration Fund
Growth Launch Date 21 May 99 NAV (22 Aug 23) ₹5,235.11 ↑ 0.88 (0.02 %) Net Assets (Cr) ₹15,030 on 31 Jul 23 Category Debt - Ultrashort Bond AMC SBI Funds Management Private Limited Rating ☆☆☆ Risk Low Expense Ratio 0.49 Sharpe Ratio 0.28 Information Ratio 0 Alpha Ratio 0 Min Investment 5,000 Min SIP Investment 500 Exit Load NIL Yield to Maturity 7.19% Effective Maturity 5 Months 26 Days Modified Duration 5 Months 12 Days Growth of 10,000 investment over the years.
Date Value 31 Aug 18 ₹10,000 31 Aug 19 ₹10,853 31 Aug 20 ₹11,591 31 Aug 21 ₹12,020 31 Aug 22 ₹12,451 31 Aug 23 ₹13,277 Returns for SBI Magnum Ultra Short Duration Fund
absolute basis
& more than 1 year are on CAGR (Compound Annual Growth Rate)
basis. as on 22 Aug 23 Duration Returns 1 Month 0.5% 3 Month 1.6% 6 Month 3.6% 1 Year 6.6% 3 Year 4.6% 5 Year 5.8% 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 5.76 Yr. Arun R. 1 Jul 21 2.17 Yr. Data below for SBI Magnum Ultra Short Duration Fund as on 31 Jul 23
Asset Allocation
Asset Class Value Cash 71.33% Debt 28.67% Debt Sector Allocation
Sector Value Corporate 46.12% Cash Equivalent 35.04% Government 18.84% Credit Quality
Rating Value AAA 100% Top Securities Holdings / Portfolio
Name Holding Value Quantity 08.35 SBI RT SB 2024
Domestic Bonds | -4% ₹504 Cr 50,000,000 182 DTB 22092023
Sovereign Bonds | -3% ₹448 Cr 45,000,000 National Bank For Agriculture And Rural Development
Debentures | -3% ₹385 Cr 3,850 LIC Housing Finance Limited
Debentures | -2% ₹276 Cr 2,750 Rural Electrification Corporation Limited
Debentures | -2% ₹227 Cr 2,300 91 DTB 12102023
Sovereign Bonds | -2% ₹223 Cr 22,500,000 Bajaj Finance Limited
Debentures | -2% ₹206 Cr 2,050 Larsen And Toubro Limited
Debentures | -2% ₹200 Cr 20,000 182 DTB 14092023
Sovereign Bonds | -2% ₹200 Cr 20,000,000 182 DTB 05102023
Sovereign Bonds | -1% ₹199 Cr 20,000,000 8. Invesco India Ultra Short Term Fund
CAGR/Annualized
return of 7% 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 (22 Aug 23) ₹2,365.56 ↑ 0.44 (0.02 %) Net Assets (Cr) ₹714 on 31 Jul 23 Category Debt - Ultrashort Bond AMC Invesco Asset Management (India) Private Ltd Rating ☆☆☆ Risk Moderate Expense Ratio 0.89 Sharpe Ratio -1.08 Information Ratio 0 Alpha Ratio 0 Min Investment 5,000 Min SIP Investment 1,000 Exit Load NIL Yield to Maturity 7.18% Effective Maturity 5 Months 3 Days Modified Duration 4 Months 27 Days Growth of 10,000 investment over the years.
Date Value 31 Aug 18 ₹10,000 31 Aug 19 ₹10,819 31 Aug 20 ₹11,471 31 Aug 21 ₹11,847 31 Aug 22 ₹12,231 31 Aug 23 ₹12,999 Returns for Invesco India Ultra Short Term Fund
absolute basis
& more than 1 year are on CAGR (Compound Annual Growth Rate)
basis. as on 22 Aug 23 Duration Returns 1 Month 0.5% 3 Month 1.6% 6 Month 3.4% 1 Year 6.2% 3 Year 4.2% 5 Year 5.4% 10 Year 15 Year Since launch 7% Historical performance (Yearly) on absolute basis
Year Returns 2022 4.1% 2021 3% 2020 5.1% 2019 7.6% 2018 7.3% 2017 7.1% 2016 9.1% 2015 8.3% 2014 10.1% 2013 6.1% Fund Manager information for Invesco India Ultra Short Term Fund
Name Since Tenure Krishna Cheemalapati 4 Jan 20 3.66 Yr. Vikas Garg 27 Jul 21 2.1 Yr. Data below for Invesco India Ultra Short Term Fund as on 31 Jul 23
Asset Allocation
Asset Class Value Cash 69.69% Debt 30.31% Debt Sector Allocation
Sector Value Corporate 46.65% Cash Equivalent 31.81% Government 21.54% Credit Quality
Rating Value AA 13.46% AAA 86.54% Top Securities Holdings / Portfolio
Name Holding Value Quantity Pipeline Infrastructure Limited
Debentures | -5% ₹35 Cr 3,500,000 Oil And Natural Gas Corporation Limited
Debentures | -5% ₹35 Cr 3,500,000
↑ 3,500,000 182 DTB 07122023
Sovereign Bonds | -5% ₹34 Cr 3,500,000 364 DTB 09112023
Sovereign Bonds | -4% ₹30 Cr 3,000,000
↓ -2,000,000 Bharat Petroleum Corporation Ltd.
Debentures | -3% ₹25 Cr 2,500,000 The Tata Power Company Limited
Debentures | -3% ₹20 Cr 2,000,000 Bharti Hexacom Limited
Debentures | -3% ₹20 Cr 2,000,000 0% GOI - 17122023 STRIPS
Sovereign Bonds | -3% ₹19 Cr 1,907,500 Bharti Telecom Limited
Debentures | -2% ₹17 Cr 1,700,000 Kotak Mahindra Investments Limited
Debentures | -2% ₹14 Cr 1,500,000 9. 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 (22 Aug 23) ₹2,393.44 ↑ 0.44 (0.02 %) Net Assets (Cr) ₹1,683 on 31 Jul 23 Category Debt - Ultrashort Bond AMC Principal Pnb Asset Mgmt. Co. Priv. Ltd. Rating ☆☆☆ Risk Moderately Low Expense Ratio 1.39 Sharpe Ratio -2.89 Information Ratio 0 Alpha Ratio 0 Min Investment 5,000 Min SIP Investment 2,000 Exit Load NIL Yield to Maturity 7.14% Effective Maturity 5 Months 6 Days Modified Duration 4 Months 26 Days Growth of 10,000 investment over the years.
Date Value 31 Aug 18 ₹10,000 31 Aug 19 ₹10,129 31 Aug 20 ₹10,617 31 Aug 21 ₹10,921 31 Aug 22 ₹11,230 31 Aug 23 ₹11,883 Returns for Principal Ultra Short Term Fund
absolute basis
& more than 1 year are on CAGR (Compound Annual Growth Rate)
basis. as on 22 Aug 23 Duration Returns 1 Month 0.5% 3 Month 1.4% 6 Month 3.2% 1 Year 5.7% 3 Year 3.8% 5 Year 3.5% 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 1.29 Yr. Sandeep Agarwal 1 Jan 22 1.66 Yr. Data below for Principal Ultra Short Term Fund as on 31 Jul 23
Asset Allocation
Asset Class Value Cash 86.1% Debt 13.9% Debt Sector Allocation
Sector Value Cash Equivalent 39.71% Corporate 31.74% Government 28.56% Credit Quality
Rating Value AA 2.45% AAA 97.55% Top Securities Holdings / Portfolio
Name Holding Value Quantity 364 DTB 14032024
Sovereign Bonds | -5% ₹72 Cr 7,500,000
↑ 5,000,000 182 DTB 11012024
Sovereign Bonds | -3% ₹49 Cr 5,000,000 182 DTB 22022024
Sovereign Bonds | -3% ₹49 Cr 5,000,000 182 DTB 07032023
Sovereign Bonds | -3% ₹48 Cr 5,000,000
↑ 5,000,000 LIC Housing Finance Limited
Debentures | -3% ₹45 Cr 450
↑ 450 Cholamandalam Investment And Fin. Co. Ltd
Debentures | -2% ₹25 Cr 250,000 Punjab National Bank
Domestic Bonds | -2% ₹25 Cr 500
↑ 500 91 DTB 02112023
Sovereign Bonds | -1% ₹20 Cr 2,000,000 National Housing Bank
Debentures | -1% ₹15 Cr 1,500 HDFC Bank Limited
Debentures | -1% ₹15 Cr 1,500 10. Essel Liquid Fund
CAGR/Annualized
return of 7.1% since its launch. Ranked 12 in Liquid Fund
category. Return for 2022 was 5.1% , 2021 was 3.4% and 2020 was 3.7% . Essel Liquid Fund
Growth Launch Date 19 Feb 10 NAV (22 Aug 23) ₹25.1188 ↑ 0.00 (0.02 %) Net Assets (Cr) ₹83 on 31 Jul 23 Category Debt - Liquid Fund AMC Essel Funds Management Company Ltd Rating ☆☆☆☆ Risk Low Expense Ratio 0 Sharpe Ratio -0.26 Information Ratio -2.08 Alpha Ratio -0.28 Min Investment 1,000 Min SIP Investment 500 Exit Load NIL Yield to Maturity 7.07% Effective Maturity 1 Month 10 Days Modified Duration 1 Month 6 Days Growth of 10,000 investment over the years.
Date Value 31 Aug 18 ₹10,000 31 Aug 19 ₹10,713 31 Aug 20 ₹11,179 31 Aug 21 ₹11,524 31 Aug 22 ₹12,023 31 Aug 23 ₹12,812 Returns for Essel Liquid Fund
absolute basis
& more than 1 year are on CAGR (Compound Annual Growth Rate)
basis. as on 22 Aug 23 Duration Returns 1 Month 0.6% 3 Month 1.7% 6 Month 3.4% 1 Year 6.5% 3 Year 4.6% 5 Year 5.1% 10 Year 15 Year Since launch 7.1% Historical performance (Yearly) on absolute basis
Year Returns 2022 5.1% 2021 3.4% 2020 3.7% 2019 6.2% 2018 7.4% 2017 6.8% 2016 7.8% 2015 8.4% 2014 9.2% 2013 9.5% Fund Manager information for Essel Liquid Fund
Name Since Tenure Surbhi Sharma 11 Mar 22 1.48 Yr. Data below for Essel Liquid Fund as on 31 Jul 23
Asset Allocation
Asset Class Value Cash 100% Debt Sector Allocation
Sector Value Cash Equivalent 88.41% Corporate 5.82% Government 5.78% Credit Quality
Rating Value AA 12.37% AAA 87.63% Top Securities Holdings / Portfolio
Name Holding Value Quantity Treps/Reverse Repo/Net Current Assets/Cash/Cash Equivalent
Net Current Assets | -24% ₹20 Cr 182 DTB 16112023
Sovereign Bonds | -12% ₹10 Cr 1,000,000
↑ 1,000,000 National Housing Bank
Debentures | -6% ₹5 Cr 500,000 Kotak Mahindra Prime Limited
Debentures | -6% ₹5 Cr 500,000 Hindustan Petroleum Corporation Limited
Debentures | -6% ₹5 Cr 500,000 IDFC First Bank Limited
Certificate of Deposit | -6% ₹5 Cr 500,000 91 DTB 12102023
Sovereign Bonds | -6% ₹5 Cr 500,000 India (Republic of)
- | -6% ₹5 Cr 500,000 91 DTB 02112023
Sovereign Bonds | -6% ₹5 Cr 500,000 Aditya Birla Finance Limited
Commercial Paper | -6% ₹5 Cr 500,000