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8 Best Short Term Mutual Funds SIP Investments 2024 | Fincash.com

Fincash » MutualFunds » Top Short Term Mutual Fund SIP Plans

8 Best Short Term Mutual Funds to Invest in SIP 2024

Updated on July 14, 2024 , 42278 views

Short term Mutual Funds are a type of Debt fund that allow investors to invest for a short term, i.e. up to 1-3 years. These funds invest in debt securities and are ideal for investors looking for an alternative of fixed deposits to earn better returns. These funds typically invest in debt instruments such as a Certificate of Deposit, government paper and corporate paper. short term debt funds allow greater flexibility. Investors can exit the fund as and when they require. Also, unlike other Types of Mutual Funds, there are no withdrawal charges in this fund. best short term Mutual Funds allow investors to earn good returns with less Market risk. So, investors who want to invest for a short or mid term can invest in this scheme and gain valuable returns and growth.

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Short Term MF

Top 8 Best Performing Short Term Debt Funds for SIP Investments FY 24 - 25

FundNAVNet Assets (Cr)Min SIP Investment3 MO (%)6 MO (%)1 YR (%)3 YR (%)2023 (%)Debt Yield (YTM)Mod. DurationEff. Maturity
UTI Short Term Income Fund Growth ₹29.3492
↑ 0.02
₹2,673 500 1.93.87.27.26.97.52%2Y 6M 22D3Y 1M 28D
BNP Paribas Short Term Fund Growth ₹25.4771
↓ -0.01
₹258 300 0.61.34.66.5 5.16%1Y 11M 26D2Y 3M
ICICI Prudential Short Term Fund Growth ₹55.6112
↑ 0.02
₹18,249 1,000 2.13.87.56.17.47.94%2Y 9M 7D5Y 4D
Aditya Birla Sun Life Short Term Opportunities Fund Growth ₹43.9401
↑ 0.02
₹7,497 1,000 2.13.87.15.76.97.85%2Y 10M 6D4Y 1M 10D
HDFC Short Term Debt Fund Growth ₹29.5396
↑ 0.02
₹13,016 300 2.14.17.65.77.17.83%2Y 9M 24D4Y 15D
Axis Short Term Fund Growth ₹28.4823
↑ 0.02
₹8,007 1,000 23.87.15.56.87.75%2Y 10M 2D3Y 8M 19D
Principal Short Term Debt Fund Growth ₹40.9051
↑ 0.03
₹194 2,000 23.76.95.46.97.4%2Y 9M 11D3Y 9M 22D
Nippon India Short Term Fund Growth ₹48.644
↑ 0.03
₹5,511 100 23.77.15.46.87.73%2Y 9M 11D3Y 5M 19D
Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 16 Jul 24
*Above is list of best Short Term Debt funds having AUM/Net Assets above 100 Crore. Sorted on Last 3 Year Return.

1. UTI Short Term Income Fund

To generate steady and reasonable income with low risk and high level of liquidity from a portfolio of money market securities and high quality debt.

UTI Short Term Income Fund is a Debt - Short term Bond fund was launched on 19 Sep 07. It is a fund with Moderate risk and has given a CAGR/Annualized return of 6.6% since its launch.  Ranked 10 in Short term Bond category.  Return for 2023 was 6.9% , 2022 was 3.8% and 2021 was 8.4% .

Below is the key information for UTI Short Term Income Fund

UTI Short Term Income Fund
Growth
Launch Date 19 Sep 07
NAV (16 Jul 24) ₹29.3492 ↑ 0.02   (0.08 %)
Net Assets (Cr) ₹2,673 on 31 May 24
Category Debt - Short term Bond
AMC UTI Asset Management Company Ltd
Rating
Risk Moderate
Expense Ratio 0.95
Sharpe Ratio -0.2
Information Ratio 0
Alpha Ratio 0
Min Investment 10,000
Min SIP Investment 500
Exit Load NIL
Yield to Maturity 7.52%
Effective Maturity 3 Years 1 Month 28 Days
Modified Duration 2 Years 6 Months 22 Days

Growth of 10,000 investment over the years.

DateValue
30 Jun 19₹10,000
30 Jun 20₹11,207
30 Jun 21₹11,786
30 Jun 22₹12,674
30 Jun 23₹13,535
30 Jun 24₹14,491

UTI Short Term Income Fund SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual Returns:
%
Total investment amount is ₹180,000
expected amount after 3 Years is ₹203,125.
Net Profit of ₹23,125
Invest Now

Returns for UTI Short Term Income Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 16 Jul 24

DurationReturns
1 Month 0.7%
3 Month 1.9%
6 Month 3.8%
1 Year 7.2%
3 Year 7.2%
5 Year 7.5%
10 Year
15 Year
Since launch 6.6%
Historical performance (Yearly) on absolute basis
YearReturns
2023 6.9%
2022 3.8%
2021 8.4%
2020 10.5%
2019 -3.9%
2018 6%
2017 6.1%
2016 10.1%
2015 8.3%
2014 10.9%
Fund Manager information for UTI Short Term Income Fund
NameSinceTenure
Sudhir Agarwal25 Oct 1211.61 Yr.

Data below for UTI Short Term Income Fund as on 31 May 24

Asset Allocation
Asset ClassValue
Cash22.83%
Debt76.94%
Other0.23%
Debt Sector Allocation
SectorValue
Corporate61.7%
Government19.71%
Cash Equivalent18.36%
Credit Quality
RatingValue
AA7.69%
AAA92.31%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
7.1% Govt Stock 2034
Sovereign Bonds | -
10%₹277 Cr2,750,000,000
↑ 2,000,000,000
ICICI Bank Ltd.
Debentures | -
9%₹237 Cr2,500,000,000
National Bank For Agriculture And Rural Development
Debentures | -
8%₹225 Cr22,500
LIC Housing Finance Limited
Debentures | -
8%₹225 Cr2,250
Power Finance Corporation Ltd.
Debentures | -
8%₹201 Cr20,000
Small Industries Development Bank of India
Debentures | -
7%₹200 Cr20,000
Union Bank of India
Domestic Bonds | -
7%₹189 Cr2,000,000,000
182 DTB 29082024
Sovereign Bonds | -
6%₹148 Cr1,500,000,000
Kotak Mahindra Bank Ltd.
Debentures | -
4%₹95 Cr1,000,000,000
India Grid TRust
Debentures | -
3%₹75 Cr750

2. BNP Paribas Short Term Fund

(Erstwhile BNP Paribas Short Term Income Fund)

The primary objective of the Scheme is to provide income consistent with the prudent risk from a portfolio comprising various debt and money market instruments. However, there can be no assurance that the investment objective of the Scheme will be achieved. The Scheme / Plan(s) do not guarantee / indicate any returns.

BNP Paribas Short Term Fund is a Debt - Short term Bond fund was launched on 13 Sep 04. It is a fund with Moderately Low risk and has given a CAGR/Annualized return of 5.5% since its launch.  Ranked 41 in Short term Bond category. .

Below is the key information for BNP Paribas Short Term Fund

BNP Paribas Short Term Fund
Growth
Launch Date 13 Sep 04
NAV (11 Mar 22) ₹25.4771 ↓ -0.01   (-0.02 %)
Net Assets (Cr) ₹258 on 15 Feb 22
Category Debt - Short term Bond
AMC BNP Paribas Asset Mgmt India Pvt. Ltd
Rating
Risk Moderately Low
Expense Ratio 0.98
Sharpe Ratio 0.07
Information Ratio -0.85
Alpha Ratio -1.04
Min Investment 5,000
Min SIP Investment 300
Exit Load NIL
Yield to Maturity 5.16%
Effective Maturity 2 Years 3 Months
Modified Duration 1 Year 11 Months 26 Days

Growth of 10,000 investment over the years.

DateValue
30 Jun 19₹10,000
30 Jun 20₹11,130
30 Jun 21₹11,723

BNP Paribas 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 BNP Paribas 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 16 Jul 24

DurationReturns
1 Month 0.2%
3 Month 0.6%
6 Month 1.3%
1 Year 4.6%
3 Year 6.5%
5 Year 6.6%
10 Year
15 Year
Since launch 5.5%
Historical performance (Yearly) on absolute basis
YearReturns
2023
2022
2021
2020
2019
2018
2017
2016
2015
2014
Fund Manager information for BNP Paribas Short Term Fund
NameSinceTenure

Data below for BNP Paribas Short Term Fund as on 15 Feb 22

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

3. ICICI Prudential Short Term Fund

To generate income through investments in a range of debt and money market instruments of various maturities with a view to maximising income while maintaining the optimum balance of yield, safety and liquidity.

ICICI Prudential Short Term Fund is a Debt - Short term Bond fund was launched on 25 Oct 01. It is a fund with Moderate risk and has given a CAGR/Annualized return of 7.8% since its launch.  Ranked 11 in Short term Bond category.  Return for 2023 was 7.4% , 2022 was 4.7% and 2021 was 3.9% .

Below is the key information for ICICI Prudential Short Term Fund

ICICI Prudential Short Term Fund
Growth
Launch Date 25 Oct 01
NAV (16 Jul 24) ₹55.6112 ↑ 0.02   (0.04 %)
Net Assets (Cr) ₹18,249 on 31 May 24
Category Debt - Short term Bond
AMC ICICI Prudential Asset Management Company Limited
Rating
Risk Moderate
Expense Ratio 1.11
Sharpe Ratio 0.28
Information Ratio 0
Alpha Ratio 0
Min Investment 5,000
Min SIP Investment 1,000
Exit Load 0-7 Days (0.25%),7 Days and above(NIL)
Yield to Maturity 7.94%
Effective Maturity 5 Years 4 Days
Modified Duration 2 Years 9 Months 7 Days

Growth of 10,000 investment over the years.

DateValue
30 Jun 19₹10,000
30 Jun 20₹11,125
30 Jun 21₹11,807
30 Jun 22₹12,147
30 Jun 23₹13,096
30 Jun 24₹14,058

ICICI Prudential 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 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 16 Jul 24

DurationReturns
1 Month 0.7%
3 Month 2.1%
6 Month 3.8%
1 Year 7.5%
3 Year 6.1%
5 Year 6.9%
10 Year
15 Year
Since launch 7.8%
Historical performance (Yearly) on absolute basis
YearReturns
2023 7.4%
2022 4.7%
2021 3.9%
2020 10.6%
2019 9.7%
2018 5.8%
2017 5.9%
2016 11.1%
2015 8%
2014 11.6%
Fund Manager information for ICICI Prudential Short Term Fund
NameSinceTenure
Manish Banthia19 Nov 0914.54 Yr.
Nikhil Kabra29 Dec 203.42 Yr.

Data below for ICICI Prudential Short Term Fund as on 31 May 24

Asset Allocation
Asset ClassValue
Cash14.64%
Debt85.1%
Other0.26%
Debt Sector Allocation
SectorValue
Corporate49.37%
Government38.16%
Cash Equivalent12.11%
Securitized0.11%
Credit Quality
RatingValue
AA19.92%
AAA80.08%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
7.18% Govt Stock 2033
Sovereign Bonds | -
12%₹2,173 Cr215,344,210
↓ -89,000,000
8.34% Govt Stock 2033
Sovereign Bonds | -
9%₹1,641 Cr160,908,750
8% Govt Stock 2034
Sovereign Bonds | -
5%₹911 Cr91,074,740
7.06% Govt Stock 2028
Sovereign Bonds | -
4%₹755 Cr75,354,250
Small Industries Development Bank Of India
Debentures | -
2%₹369 Cr37,000
Small Industries Development Bank Of India
Debentures | -
2%₹300 Cr3,000
LIC Housing Finance Limited
Debentures | -
2%₹299 Cr3,000
Muthoot Finance Limited
Debentures | -
2%₹299 Cr30,000
7.26% Govt Stock 2033
Sovereign Bonds | -
1%₹272 Cr26,815,400
Pipeline Infrastructure Ltd.
Debentures | -
1%₹255 Cr25,300

4. Aditya Birla Sun Life Short Term Opportunities Fund

An Open ended Income scheme with the objective to generate regular income by investing primarily in investment grade fixed income securities / money market instruments with short to medium term maturities and across the credit spectrum within the universe of investment grade rating.

Aditya Birla Sun Life Short Term Opportunities Fund is a Debt - Short term Bond fund was launched on 9 May 03. It is a fund with Moderate risk and has given a CAGR/Annualized return of 7.2% since its launch.  Ranked 18 in Short term Bond category.  Return for 2023 was 6.9% , 2022 was 4.2% and 2021 was 3.8% .

Below is the key information for Aditya Birla Sun Life Short Term Opportunities Fund

Aditya Birla Sun Life Short Term Opportunities Fund
Growth
Launch Date 9 May 03
NAV (16 Jul 24) ₹43.9401 ↑ 0.02   (0.06 %)
Net Assets (Cr) ₹7,497 on 31 May 24
Category Debt - Short term Bond
AMC Birla Sun Life Asset Management Co Ltd
Rating
Risk Moderate
Expense Ratio 1.11
Sharpe Ratio -0.47
Information Ratio 0
Alpha Ratio 0
Min Investment 1,000
Min SIP Investment 1,000
Exit Load 0-90 Days (0.5%),90 Days and above(NIL)
Yield to Maturity 7.85%
Effective Maturity 4 Years 1 Month 10 Days
Modified Duration 2 Years 10 Months 6 Days

Growth of 10,000 investment over the years.

DateValue
30 Jun 19₹10,000
30 Jun 20₹10,948
30 Jun 21₹11,764
30 Jun 22₹12,127
30 Jun 23₹12,976
30 Jun 24₹13,886

Aditya Birla Sun Life Short Term Opportunities 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 Short Term Opportunities Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 16 Jul 24

DurationReturns
1 Month 0.7%
3 Month 2.1%
6 Month 3.8%
1 Year 7.1%
3 Year 5.7%
5 Year 6.6%
10 Year
15 Year
Since launch 7.2%
Historical performance (Yearly) on absolute basis
YearReturns
2023 6.9%
2022 4.2%
2021 3.8%
2020 11.1%
2019 8.5%
2018 6.5%
2017 5.6%
2016 11.3%
2015 8.4%
2014 11.3%
Fund Manager information for Aditya Birla Sun Life Short Term Opportunities Fund
NameSinceTenure
Kaustubh Gupta11 Sep 149.73 Yr.
Mohit Sharma6 Aug 203.82 Yr.
Dhaval Joshi21 Nov 221.53 Yr.

Data below for Aditya Birla Sun Life Short Term Opportunities Fund as on 31 May 24

Asset Allocation
Asset ClassValue
Cash10.68%
Debt88.46%
Other0.22%
Debt Sector Allocation
SectorValue
Corporate53.48%
Government36.73%
Cash Equivalent7.7%
Securitized1.87%
Credit Quality
RatingValue
AA14.24%
AAA85.76%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
7.18% Govt Stock 2033
Sovereign Bonds | -
11%₹833 Cr82,500,000
↑ 50,500,000
7.26% Govt Stock 2033
Sovereign Bonds | -
5%₹405 Cr40,000,000
↓ -13,000,000
7.18% Govt Stock 2037
Sovereign Bonds | -
4%₹309 Cr30,500,000
↓ -22,000,000
Bajaj Housing Finance Limited
Debentures | -
3%₹201 Cr20,000
Small Industries Development Bank of India 7.68%
Debentures | -
3%₹200 Cr20,000
Bharti Telecom Limited
Debentures | -
2%₹190 Cr1,900
Small Industries Development Bank Of India
Debentures | -
2%₹184 Cr1,850
Bharti Telecom Limited
Debentures | -
2%₹150 Cr15,000
HDFC Bank Limited
Debentures | -
2%₹150 Cr1,500
7.17% Govt Stock 2030
Sovereign Bonds | -
2%₹146 Cr14,500,000

5. HDFC Short Term Debt Fund

(Erstwhile HDFC Short Term Opportunities Fund)

To generate regular income through investments in Debt/Money Market Instruments and Government Securities with maturities not exceeding 36 months.

HDFC Short Term Debt Fund is a Debt - Short term Bond fund was launched on 25 Jun 10. It is a fund with Moderately Low risk and has given a CAGR/Annualized return of 8% since its launch.  Ranked 30 in Short term Bond category.  Return for 2023 was 7.1% , 2022 was 3.5% and 2021 was 3.9% .

Below is the key information for HDFC Short Term Debt Fund

HDFC Short Term Debt Fund
Growth
Launch Date 25 Jun 10
NAV (16 Jul 24) ₹29.5396 ↑ 0.02   (0.05 %)
Net Assets (Cr) ₹13,016 on 15 May 24
Category Debt - Short term Bond
AMC HDFC Asset Management Company Limited
Rating
Risk Moderately Low
Expense Ratio 0.74
Sharpe Ratio 0.17
Information Ratio 0
Alpha Ratio 0
Min Investment 5,000
Min SIP Investment 300
Exit Load NIL
Yield to Maturity 7.83%
Effective Maturity 4 Years 15 Days
Modified Duration 2 Years 9 Months 24 Days

Growth of 10,000 investment over the years.

DateValue
30 Jun 19₹10,000
30 Jun 20₹11,157
30 Jun 21₹11,855
30 Jun 22₹12,172
30 Jun 23₹13,016
30 Jun 24₹13,977

HDFC Short Term Debt 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 HDFC Short Term Debt Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 16 Jul 24

DurationReturns
1 Month 0.7%
3 Month 2.1%
6 Month 4.1%
1 Year 7.6%
3 Year 5.7%
5 Year 6.8%
10 Year
15 Year
Since launch 8%
Historical performance (Yearly) on absolute basis
YearReturns
2023 7.1%
2022 3.5%
2021 3.9%
2020 11%
2019 9.7%
2018 7%
2017 6.5%
2016 9.3%
2015 8.7%
2014 10.4%
Fund Manager information for HDFC Short Term Debt Fund
NameSinceTenure
Anil Bamboli25 Jun 1013.95 Yr.
Dhruv Muchhal22 Jun 230.95 Yr.

Data below for HDFC Short Term Debt Fund as on 15 May 24

Asset Allocation
Asset ClassValue
Cash4.59%
Debt95.13%
Other0.28%
Debt Sector Allocation
SectorValue
Corporate53.21%
Government42.18%
Cash Equivalent4.02%
Securitized0.31%
Credit Quality
RatingValue
AA13.59%
AAA86.41%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
7.18% Govt Stock 2033
Sovereign Bonds | -
8%₹1,065 Cr105,500,000
↑ 1,000,000
7.72% Govt Stock 2028
Sovereign Bonds | -
4%₹516 Cr51,500,000
7.26% Govt Stock 2032
Sovereign Bonds | -
3%₹349 Cr34,500,000
Bajaj Housing Finance Limited
Debentures | -
2%₹251 Cr25,000
National Bank for Agriculture and Rural Development
Domestic Bonds | -
2%₹251 Cr25,000
State Bank Of India
Debentures | -
2%₹250 Cr2,500
TVS Credit Services Limited
Debentures | -
2%₹203 Cr200
Kotak Mahindra Investments Limited
Debentures | -
2%₹201 Cr20,000
Small Industries Development Bank Of India
Debentures | -
2%₹201 Cr20,000
Ongc Petro Additions Limited
Debentures | -
2%₹200 Cr20,000

6. Axis Short Term Fund

To generate stable returns with a low risk strategy while maintaining liquidity through a portfolio comprising of debt and money market instruments. However, there can be no assurance that the investment objective of the scheme will be achieved.

Axis Short Term Fund is a Debt - Short term Bond fund was launched on 22 Jan 10. It is a fund with Moderately Low risk and has given a CAGR/Annualized return of 7.5% since its launch.  Ranked 26 in Short term Bond category.  Return for 2023 was 6.8% , 2022 was 3.7% and 2021 was 3.5% .

Below is the key information for Axis Short Term Fund

Axis Short Term Fund
Growth
Launch Date 22 Jan 10
NAV (16 Jul 24) ₹28.4823 ↑ 0.02   (0.06 %)
Net Assets (Cr) ₹8,007 on 31 May 24
Category Debt - Short term Bond
AMC Axis Asset Management Company Limited
Rating
Risk Moderately Low
Expense Ratio 0.97
Sharpe Ratio -0.66
Information Ratio 0
Alpha Ratio 0
Min Investment 5,000
Min SIP Investment 1,000
Exit Load NIL
Yield to Maturity 7.75%
Effective Maturity 3 Years 8 Months 19 Days
Modified Duration 2 Years 10 Months 2 Days

Growth of 10,000 investment over the years.

DateValue
30 Jun 19₹10,000
30 Jun 20₹11,158
30 Jun 21₹11,743
30 Jun 22₹12,074
30 Jun 23₹12,880
30 Jun 24₹13,765

Axis 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 Axis 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 16 Jul 24

DurationReturns
1 Month 0.7%
3 Month 2%
6 Month 3.8%
1 Year 7.1%
3 Year 5.5%
5 Year 6.4%
10 Year
15 Year
Since launch 7.5%
Historical performance (Yearly) on absolute basis
YearReturns
2023 6.8%
2022 3.7%
2021 3.5%
2020 10.1%
2019 9.8%
2018 6.3%
2017 5.9%
2016 9.6%
2015 8.1%
2014 10%
Fund Manager information for Axis Short Term Fund
NameSinceTenure
Devang Shah5 Nov 1211.58 Yr.
Aditya Pagaria3 Jul 230.91 Yr.

Data below for Axis Short Term Fund as on 31 May 24

Asset Allocation
Asset ClassValue
Cash10.44%
Debt89.31%
Other0.25%
Debt Sector Allocation
SectorValue
Corporate54.11%
Government35.11%
Cash Equivalent10.15%
Securitized0.39%
Credit Quality
RatingValue
AA16.34%
AAA83.66%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
7.18% Govt Stock 2033
Sovereign Bonds | -
16%₹1,275 Cr126,300,000
↑ 16,500,000
7.32% Govt Stock 2030
Sovereign Bonds | -
4%₹350 Cr34,500,000
↓ -16,000,000
Power Finance Corporation Ltd.
Debentures | -
3%₹200 Cr20,000
↑ 20,000
National Bank For Agriculture And Rural Development
Debentures | -
2%₹155 Cr15,500
Rural Electrification Corporation Limited
Debentures | -
2%₹150 Cr15,000
↑ 15,000
Shriram Finance Limited
Debentures | -
2%₹145 Cr14,500
↓ -500
8.34% Govt Stock 2033
Sovereign Bonds | -
2%₹144 Cr14,162,000
↑ 8,500,000
Bharti Telecom Limited
Debentures | -
2%₹141 Cr14,000
↓ -1,000
India Grid Trust 7.88%
Debentures | -
2%₹125 Cr12,500
Bajaj Housing Finance Limited
Debentures | -
2%₹125 Cr12,500

7. Principal Short Term Debt Fund

(Erstwhile Principal Short Term Income Fund)

To generate regular income and capital appreciation/ accretion through investment in debt instruments and related securities besides preservation of capital.

Principal Short Term Debt Fund is a Debt - Short term Bond fund was launched on 9 May 03. It is a fund with Moderate risk and has given a CAGR/Annualized return of 6.9% since its launch.  Ranked 34 in Short term Bond category.  Return for 2023 was 6.9% , 2022 was 3.5% and 2021 was 3.2% .

Below is the key information for Principal Short Term Debt Fund

Principal Short Term Debt Fund
Growth
Launch Date 9 May 03
NAV (16 Jul 24) ₹40.9051 ↑ 0.03   (0.06 %)
Net Assets (Cr) ₹194 on 31 May 24
Category Debt - Short term Bond
AMC Principal Pnb Asset Mgmt. Co. Priv. Ltd.
Rating
Risk Moderate
Expense Ratio 0.86
Sharpe Ratio -0.83
Information Ratio 0
Alpha Ratio 0
Min Investment 5,000
Min SIP Investment 2,000
Exit Load NIL
Yield to Maturity 7.4%
Effective Maturity 3 Years 9 Months 22 Days
Modified Duration 2 Years 9 Months 11 Days

Growth of 10,000 investment over the years.

DateValue
30 Jun 19₹10,000
30 Jun 20₹10,411
30 Jun 21₹11,569
30 Jun 22₹11,913
30 Jun 23₹12,704
30 Jun 24₹13,561

Principal Short Term Debt 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 Principal Short Term Debt Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 16 Jul 24

DurationReturns
1 Month 0.7%
3 Month 2%
6 Month 3.7%
1 Year 6.9%
3 Year 5.4%
5 Year 6.1%
10 Year
15 Year
Since launch 6.9%
Historical performance (Yearly) on absolute basis
YearReturns
2023 6.9%
2022 3.5%
2021 3.2%
2020 10.3%
2019 -1.7%
2018 6%
2017 5.7%
2016 9.6%
2015 8.1%
2014 9.9%
Fund Manager information for Principal Short Term Debt Fund
NameSinceTenure
Dwijendra Srivastava1 Jan 222.42 Yr.
Sandeep Agarwal1 Jan 222.42 Yr.

Data below for Principal Short Term Debt Fund as on 31 May 24

Asset Allocation
Asset ClassValue
Cash19.34%
Debt80.39%
Other0.27%
Debt Sector Allocation
SectorValue
Government40.96%
Corporate39.42%
Cash Equivalent19.34%
Credit Quality
RatingValue
AA4.36%
AAA95.64%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
7.18% Govt Stock 2033
Sovereign Bonds | -
16%₹30 Cr3,000,000
7.06% Govt Stock 2028
Sovereign Bonds | -
8%₹15 Cr1,500,000
Rural Electrification Corporation Limited
Debentures | -
5%₹10 Cr1,000
7.38% Govt Stock 2027
Sovereign Bonds | -
5%₹10 Cr1,000,000
Power Finance Corporation Ltd.
Debentures | -
5%₹10 Cr1,000
National Bank for Agriculture and Rural Development 7.62%
Domestic Bonds | -
5%₹10 Cr1,000
Small Industries Development Bank Of India
Debentures | -
5%₹10 Cr100
Bharti Telecom Limited
Debentures | -
4%₹7 Cr700
Tamil Nadu (Government of) 7.44%
- | -
3%₹5 Cr500,000
LIC Housing Finance Ltd
Debentures | -
3%₹5 Cr50

8. Nippon India Short Term Fund

The primary investment objective of the scheme is to generate stable returns for investors with a short term investment horizon by investing in fixed income securitites of a short term maturity.

Nippon India Short Term Fund is a Debt - Short term Bond fund was launched on 18 Dec 02. It is a fund with Moderately Low risk and has given a CAGR/Annualized return of 7.6% since its launch.  Ranked 17 in Short term Bond category.  Return for 2023 was 6.8% , 2022 was 3.2% and 2021 was 4.4% .

Below is the key information for Nippon India Short Term Fund

Nippon India Short Term Fund
Growth
Launch Date 18 Dec 02
NAV (16 Jul 24) ₹48.644 ↑ 0.03   (0.07 %)
Net Assets (Cr) ₹5,511 on 31 May 24
Category Debt - Short term Bond
AMC Nippon Life Asset Management Ltd.
Rating
Risk Moderately Low
Expense Ratio 1.16
Sharpe Ratio -0.6
Information Ratio 0
Alpha Ratio 0
Min Investment 5,000
Min SIP Investment 100
Exit Load NIL
Yield to Maturity 7.73%
Effective Maturity 3 Years 5 Months 19 Days
Modified Duration 2 Years 9 Months 11 Days

Growth of 10,000 investment over the years.

DateValue
30 Jun 19₹10,000
30 Jun 20₹11,052
30 Jun 21₹11,719
30 Jun 22₹12,023
30 Jun 23₹12,813
30 Jun 24₹13,700

Nippon India 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 Nippon India 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 16 Jul 24

DurationReturns
1 Month 0.7%
3 Month 2%
6 Month 3.7%
1 Year 7.1%
3 Year 5.4%
5 Year 6.4%
10 Year
15 Year
Since launch 7.6%
Historical performance (Yearly) on absolute basis
YearReturns
2023 6.8%
2022 3.2%
2021 4.4%
2020 9.5%
2019 9.4%
2018 5.5%
2017 5.7%
2016 9.8%
2015 8.1%
2014 11.3%
Fund Manager information for Nippon India Short Term Fund
NameSinceTenure
Vivek Sharma1 Feb 204.33 Yr.
Kinjal Desai25 May 186.02 Yr.
Sushil Budhia31 Mar 213.17 Yr.

Data below for Nippon India Short Term Fund as on 31 May 24

Asset Allocation
Asset ClassValue
Cash4.27%
Debt95.45%
Other0.28%
Debt Sector Allocation
SectorValue
Corporate58.41%
Government37.23%
Cash Equivalent3.41%
Securitized0.68%
Credit Quality
RatingValue
AA14.66%
AAA85.34%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
7.17% Govt Stock 2030
Sovereign Bonds | -
12%₹674 Cr67,000,000
↓ -3,000,000
7.1% Govt Stock 2029
Sovereign Bonds | -
10%₹537 Cr53,500,000
↓ -5,000,000
Small Industries Development Bank Of India
Debentures | -
3%₹166 Cr16,500
India Grid TRust
Debentures | -
3%₹159 Cr1,600
7.37% Govt Stock 2028
Sovereign Bonds | -
3%₹152 Cr15,000,000
Rural Electrification Corporation Limited
Debentures | -
3%₹150 Cr15,000
7.32% Govt Stock 2030
Sovereign Bonds | -
2%₹127 Cr12,500,000
↑ 2,500,000
Bharti Telecom Limited
Debentures | -
2%₹127 Cr12,500
7.06% Govt Stock 2028
Sovereign Bonds | -
2%₹125 Cr12,500,000
Power Finance Corporation Ltd.
Debentures | -
2%₹125 Cr12,500

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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