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Fincash » MutualFunds » Top Short Term Mutual Fund SIP Plans
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- Top 8 Best Performing Short Term Debt Funds for SIP Investments FY 24 - 25
Top 8 Debt - Short term Bond Funds
8 Best Short Term Mutual Funds to Invest in SIP 2024
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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Top 8 Best Performing Short Term Debt Funds for SIP Investments FY 24 - 25
Fund NAV Net Assets (Cr) Min SIP Investment 3 MO (%) 6 MO (%) 1 YR (%) 3 YR (%) 2023 (%) Debt Yield (YTM) Mod. Duration Eff. Maturity UTI Short Term Income Fund Growth ₹28.8073
↓ -0.01 ₹2,503 500 2 4 7.2 7 6.9 7.51% 2Y 9M 18D 3Y 7M 20D BNP Paribas Short Term Fund Growth ₹25.4771
↓ -0.01 ₹258 300 0.6 1.3 4.6 6.5 5.16% 1Y 11M 26D 2Y 3M ICICI Prudential Short Term Fund Growth ₹54.453
↓ -0.05 ₹18,987 1,000 1.8 3.7 7.4 5.8 7.4 8.02% 2Y 7M 2D 4Y 9M 4D Aditya Birla Sun Life Short Term Opportunities Fund Growth ₹43.0333
↓ -0.04 ₹7,275 1,000 1.8 3.8 6.8 5.5 6.9 7.92% 2Y 10M 6D 4Y 2M 19D HDFC Short Term Debt Fund Growth ₹28.9075
↓ -0.02 ₹14,612 300 2 4 7.3 5.4 7.1 7.8% 2Y 9M 4D 3Y 11M 23D Sundaram Short Term Debt Fund Growth ₹36.3802
↑ 0.01 ₹362 250 0.8 11.4 12.8 5.3 4.52% 1Y 2M 13D 1Y 7M 3D Nippon India Short Term Fund Growth ₹47.6878
↓ -0.04 ₹5,986 100 1.8 3.8 7 5.2 6.8 7.75% 2Y 8M 5D 3Y 6M Axis Short Term Fund Growth ₹27.9078
↓ -0.03 ₹8,278 1,000 1.9 3.9 6.8 5.2 6.8 7.82% 2Y 10M 2D 3Y 8M 5D Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 12 Apr 24 Short Term Debt funds having AUM/Net Assets above 100 Crore. Sorted on Last 3 Year Return.
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 Below is the key information for UTI Short Term Income Fund Returns up to 1 year are on (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 Below is the key information for BNP Paribas Short Term Fund Returns up to 1 year are on 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 Below is the key information for ICICI Prudential Short Term Fund Returns up to 1 year are on 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 Below is the key information for Aditya Birla Sun Life Short Term Opportunities Fund Returns up to 1 year are on (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 Below is the key information for HDFC Short Term Debt Fund Returns up to 1 year are on (Erstwhile Sundaram Select Debt Short Term Asset Fund) To earn regular income by investing primarily in fixed income
securities, which may be paid as dividend or reinvested at
the option of the investor. A secondary objective is to
attempt to keep the value of its units reasonably stable. Sundaram Short Term Debt Fund is a Debt - Short term Bond fund was launched on 5 Sep 02. It is a fund with Moderately Low risk and has given a Below is the key information for Sundaram Short Term Debt Fund Returns up to 1 year are on 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 Below is the key information for Nippon India Short Term Fund Returns up to 1 year are on 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 Below is the key information for Axis Short Term Fund Returns up to 1 year are on 1. UTI Short Term Income Fund
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% . UTI Short Term Income Fund
Growth Launch Date 19 Sep 07 NAV (12 Apr 24) ₹28.8073 ↓ -0.01 (-0.02 %) Net Assets (Cr) ₹2,503 on 29 Feb 24 Category Debt - Short term Bond AMC UTI Asset Management Company Ltd Rating ☆☆☆☆ Risk Moderate Expense Ratio 0.95 Sharpe Ratio 0.97 Information Ratio 0 Alpha Ratio 0 Min Investment 10,000 Min SIP Investment 500 Exit Load NIL Yield to Maturity 7.51% Effective Maturity 3 Years 7 Months 20 Days Modified Duration 2 Years 9 Months 18 Days Growth of 10,000 investment over the years.
Date Value 31 Mar 19 ₹10,000 31 Mar 20 ₹9,610 31 Mar 21 ₹10,419 31 Mar 22 ₹11,372 31 Mar 23 ₹11,879 31 Mar 24 ₹12,787 Returns for UTI Short Term Income Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 12 Apr 24 Duration Returns 1 Month 0.5% 3 Month 2% 6 Month 4% 1 Year 7.2% 3 Year 7% 5 Year 5% 10 Year 15 Year Since launch 6.6% Historical performance (Yearly) on absolute basis
Year Returns 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
Name Since Tenure Sudhir Agarwal 25 Oct 12 11.44 Yr. Data below for UTI Short Term Income Fund as on 29 Feb 24
Asset Allocation
Asset Class Value Cash 7.8% Debt 91.98% Other 0.22% Debt Sector Allocation
Sector Value Government 49.63% Corporate 42.34% Cash Equivalent 7.8% Credit Quality
Rating Value AA 9.94% AAA 90.06% Top Securities Holdings / Portfolio
Name Holding Value Quantity 7.37% Govt Stock 2028
Sovereign Bonds | -16% ₹430 Cr 4,250,000,000
↓ -1,000,000,000 182 DTB 29082024
Sovereign Bonds | -13% ₹339 Cr 3,500,000,000 India (Republic of)
- | -10% ₹266 Cr 2,750,000,000
↑ 2,750,000,000 National Bank For Agriculture And Rural Development
Debentures | -8% ₹226 Cr 22,500 Power Finance Corporation Ltd.
Debentures | -7% ₹202 Cr 20,000 Small Industries Development Bank of India
Debentures | -7% ₹201 Cr 20,000 Rural Electrification Corporation Limited
Debentures | -7% ₹183 Cr 18,000 LIC Housing Finance Limited
Debentures | -5% ₹125 Cr 1,250
↑ 1,250 India Grid TRust
Debentures | -3% ₹75 Cr 750 Shriram Finance Limited
Debentures | -3% ₹70 Cr 7,000 2. BNP Paribas Short Term Fund
CAGR/Annualized return of 5.5% since its launch. Ranked 41 in Short term Bond category. . 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.
Date Value 31 Mar 19 ₹10,000 31 Mar 20 ₹10,652 31 Mar 21 ₹11,520 Returns for BNP Paribas Short Term Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 12 Apr 24 Duration Returns 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
Year Returns 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 Fund Manager information for BNP Paribas Short Term Fund
Name Since Tenure Data below for BNP Paribas Short Term Fund as on 15 Feb 22
Asset Allocation
Asset Class Value Debt Sector Allocation
Sector Value Credit Quality
Rating Value Top Securities Holdings / Portfolio
Name Holding Value Quantity 3. ICICI Prudential Short Term Fund
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% . ICICI Prudential Short Term Fund
Growth Launch Date 25 Oct 01 NAV (12 Apr 24) ₹54.453 ↓ -0.05 (-0.09 %) Net Assets (Cr) ₹18,987 on 29 Feb 24 Category Debt - Short term Bond AMC ICICI Prudential Asset Management Company Limited Rating ☆☆☆☆ Risk Moderate Expense Ratio 1.11 Sharpe Ratio 1.39 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 8.02% Effective Maturity 4 Years 9 Months 4 Days Modified Duration 2 Years 7 Months 2 Days Growth of 10,000 investment over the years.
Date Value 31 Mar 19 ₹10,000 31 Mar 20 ₹10,919 31 Mar 21 ₹11,875 31 Mar 22 ₹12,373 31 Mar 23 ₹13,083 31 Mar 24 ₹14,095 Returns for ICICI Prudential Short Term Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 12 Apr 24 Duration Returns 1 Month 0.4% 3 Month 1.8% 6 Month 3.7% 1 Year 7.4% 3 Year 5.8% 5 Year 7.1% 10 Year 15 Year Since launch 7.8% Historical performance (Yearly) on absolute basis
Year Returns 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
Name Since Tenure Manish Banthia 19 Nov 09 14.38 Yr. Nikhil Kabra 29 Dec 20 3.26 Yr. Data below for ICICI Prudential Short Term Fund as on 29 Feb 24
Asset Allocation
Asset Class Value Cash 5.81% Debt 93.94% Other 0.25% Debt Sector Allocation
Sector Value Government 46.99% Corporate 46.69% Cash Equivalent 5.81% Securitized 0.26% Credit Quality
Rating Value AA 20.09% AAA 79.91% Top Securities Holdings / Portfolio
Name Holding Value Quantity 7.18% Govt Stock 2033
Sovereign Bonds | -18% ₹3,343 Cr 331,697,910 8.25% Govt Stock 2033
Sovereign Bonds | -9% ₹1,737 Cr 170,908,750 7.06% Govt Stock 2028
Sovereign Bonds | -7% ₹1,363 Cr 136,354,250
↓ -2,899,200 8.1% Govt Stock 2034
Sovereign Bonds | -4% ₹809 Cr 81,074,740 7.38% Govt Stock 2027
Sovereign Bonds | -2% ₹376 Cr 37,227,200 Small Industries Development Bank Of India
Debentures | -2% ₹368 Cr 37,000 Pipeline Infrastructure Limited
Debentures | -2% ₹338 Cr 3,379 Muthoot Finance Limited
Debentures | -2% ₹301 Cr 30,000 LIC Housing Finance Limited
Debentures | -2% ₹300 Cr 3,000 Small Industries Development Bank Of India
Debentures | -2% ₹299 Cr 3,000 4. Aditya Birla Sun Life Short Term Opportunities Fund
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% . Aditya Birla Sun Life Short Term Opportunities Fund
Growth Launch Date 9 May 03 NAV (12 Apr 24) ₹43.0333 ↓ -0.04 (-0.10 %) Net Assets (Cr) ₹7,275 on 29 Feb 24 Category Debt - Short term Bond AMC Birla Sun Life Asset Management Co Ltd Rating ☆☆☆☆ Risk Moderate Expense Ratio 1.11 Sharpe Ratio 0.55 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 7.92% Effective Maturity 4 Years 2 Months 19 Days Modified Duration 2 Years 10 Months 6 Days Growth of 10,000 investment over the years.
Date Value 31 Mar 19 ₹10,000 31 Mar 20 ₹10,737 31 Mar 21 ₹11,833 31 Mar 22 ₹12,390 31 Mar 23 ₹12,978 31 Mar 24 ₹13,927 Returns for Aditya Birla Sun Life Short Term Opportunities Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 12 Apr 24 Duration Returns 1 Month 0.4% 3 Month 1.8% 6 Month 3.8% 1 Year 6.8% 3 Year 5.5% 5 Year 6.8% 10 Year 15 Year Since launch 7.2% Historical performance (Yearly) on absolute basis
Year Returns 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
Name Since Tenure Kaustubh Gupta 11 Sep 14 9.56 Yr. Mohit Sharma 6 Aug 20 3.65 Yr. Dhaval Joshi 21 Nov 22 1.36 Yr. Data below for Aditya Birla Sun Life Short Term Opportunities Fund as on 29 Feb 24
Asset Allocation
Asset Class Value Cash 18.86% Debt 80.22% Other 0.24% Debt Sector Allocation
Sector Value Government 46.78% Corporate 45.12% Cash Equivalent 5.49% Securitized 2.37% Credit Quality
Rating Value AA 14.56% AAA 85.44% Top Securities Holdings / Portfolio
Name Holding Value Quantity 7.18% Govt Stock 2033
Sovereign Bonds | -9% ₹675 Cr 67,000,000
↑ 2,500,000 7.26% Govt Stock 2033
Sovereign Bonds | -7% ₹536 Cr 53,000,000 7.38% Govt Stock 2027
Sovereign Bonds | -7% ₹491 Cr 48,700,000 7.18% Govt Stock 2037
Sovereign Bonds | -6% ₹422 Cr 42,000,000 7.06% Govt Stock 2028
Sovereign Bonds | -3% ₹207 Cr 20,750,000 Bharti Telecom Limited
Debentures | -2% ₹150 Cr 15,000 HDFC Bank Limited
Debentures | -2% ₹149 Cr 1,500 7.17% Govt Stock 2030
Sovereign Bonds | -2% ₹146 Cr 14,500,000 Embassy Office Parks Reit
Debentures | -2% ₹145 Cr 14,500 8.25% Govt Stock 2033
Sovereign Bonds | -2% ₹127 Cr 12,500,000 5. HDFC Short Term Debt Fund
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% . HDFC Short Term Debt Fund
Growth Launch Date 25 Jun 10 NAV (12 Apr 24) ₹28.9075 ↓ -0.02 (-0.08 %) Net Assets (Cr) ₹14,612 on 29 Feb 24 Category Debt - Short term Bond AMC HDFC Asset Management Company Limited Rating ☆☆☆ Risk Moderately Low Expense Ratio 0.74 Sharpe Ratio 1.06 Information Ratio 0 Alpha Ratio 0 Min Investment 5,000 Min SIP Investment 300 Exit Load NIL Yield to Maturity 7.8% Effective Maturity 3 Years 11 Months 23 Days Modified Duration 2 Years 9 Months 4 Days Growth of 10,000 investment over the years.
Date Value 31 Mar 19 ₹10,000 31 Mar 20 ₹10,969 31 Mar 21 ₹11,903 31 Mar 22 ₹12,448 31 Mar 23 ₹12,996 31 Mar 24 ₹13,995 Returns for HDFC Short Term Debt Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 12 Apr 24 Duration Returns 1 Month 0.4% 3 Month 2% 6 Month 4% 1 Year 7.3% 3 Year 5.4% 5 Year 6.9% 10 Year 15 Year Since launch 8% Historical performance (Yearly) on absolute basis
Year Returns 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
Name Since Tenure Anil Bamboli 25 Jun 10 13.78 Yr. Dhruv Muchhal 22 Jun 23 0.78 Yr. Data below for HDFC Short Term Debt Fund as on 29 Feb 24
Asset Allocation
Asset Class Value Cash 3.54% Debt 96.18% Other 0.28% Debt Sector Allocation
Sector Value Corporate 49.98% Government 46.35% Cash Equivalent 2.97% Securitized 0.43% Credit Quality
Rating Value AA 15.96% AAA 84.04% Top Securities Holdings / Portfolio
Name Holding Value Quantity 7.18% Govt Stock 2033
Sovereign Bonds | -8% ₹1,053 Cr 104,500,000 7.69% Govt Stock 2028
Sovereign Bonds | -4% ₹513 Cr 51,500,000 7.1% Govt Stock 2029
Sovereign Bonds | -3% ₹370 Cr 37,000,000 6.79% Govt Stock 2027
Sovereign Bonds | -3% ₹362 Cr 36,500,000 7.26% Govt Stock 2032
Sovereign Bonds | -3% ₹349 Cr 34,500,000 Bharti Telecom Limited
Debentures | -2% ₹274 Cr 2,750 State Bank Of India
Debentures | -2% ₹249 Cr 2,500 National Bank for Agriculture and Rural Development
Domestic Bonds | -2% ₹226 Cr 22,500 Small Industries Development Bank Of India
Debentures | -2% ₹202 Cr 20,000 TVS Credit Services Limited
Debentures | -2% ₹201 Cr 200 6. Sundaram Short Term Debt Fund
CAGR/Annualized return of 6.9% since its launch. Ranked 56 in Short term Bond category. . Sundaram Short Term Debt Fund
Growth Launch Date 5 Sep 02 NAV (31 Dec 21) ₹36.3802 ↑ 0.01 (0.03 %) Net Assets (Cr) ₹362 on 30 Nov 21 Category Debt - Short term Bond AMC Sundaram Asset Management Company Ltd Rating ☆☆ Risk Moderately Low Expense Ratio 0.96 Sharpe Ratio 0.98 Information Ratio 0 Alpha Ratio 0 Min Investment 5,000 Min SIP Investment 250 Exit Load NIL Yield to Maturity 4.52% Effective Maturity 1 Year 7 Months 3 Days Modified Duration 1 Year 2 Months 13 Days Growth of 10,000 investment over the years.
Date Value 31 Mar 19 ₹10,000 31 Mar 20 ₹9,482 31 Mar 21 ₹10,172 Returns for Sundaram Short Term Debt Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 12 Apr 24 Duration Returns 1 Month 0.2% 3 Month 0.8% 6 Month 11.4% 1 Year 12.8% 3 Year 5.3% 5 Year 5.6% 10 Year 15 Year Since launch 6.9% Historical performance (Yearly) on absolute basis
Year Returns 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 Fund Manager information for Sundaram Short Term Debt Fund
Name Since Tenure Data below for Sundaram Short Term Debt Fund as on 30 Nov 21
Asset Allocation
Asset Class Value Debt Sector Allocation
Sector Value Credit Quality
Rating Value Top Securities Holdings / Portfolio
Name Holding Value Quantity 7. Nippon India Short Term Fund
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% . Nippon India Short Term Fund
Growth Launch Date 18 Dec 02 NAV (12 Apr 24) ₹47.6878 ↓ -0.04 (-0.09 %) Net Assets (Cr) ₹5,986 on 29 Feb 24 Category Debt - Short term Bond AMC Nippon Life Asset Management Ltd. Rating ☆☆☆☆ Risk Moderately Low Expense Ratio 1.16 Sharpe Ratio 0.66 Information Ratio 0 Alpha Ratio 0 Min Investment 5,000 Min SIP Investment 100 Exit Load NIL Yield to Maturity 7.75% Effective Maturity 3 Years 6 Months Modified Duration 2 Years 8 Months 5 Days Growth of 10,000 investment over the years.
Date Value 31 Mar 19 ₹10,000 31 Mar 20 ₹10,880 31 Mar 21 ₹11,750 31 Mar 22 ₹12,326 31 Mar 23 ₹12,779 31 Mar 24 ₹13,723 Returns for Nippon India Short Term Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 12 Apr 24 Duration Returns 1 Month 0.5% 3 Month 1.8% 6 Month 3.8% 1 Year 7% 3 Year 5.2% 5 Year 6.5% 10 Year 15 Year Since launch 7.6% Historical performance (Yearly) on absolute basis
Year Returns 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
Name Since Tenure Vivek Sharma 1 Feb 20 4.17 Yr. Kinjal Desai 25 May 18 5.86 Yr. Sushil Budhia 31 Mar 21 3.01 Yr. Data below for Nippon India Short Term Fund as on 29 Feb 24
Asset Allocation
Asset Class Value Cash 9.57% Debt 90.17% Other 0.26% Debt Sector Allocation
Sector Value Corporate 54.91% Government 37.54% Cash Equivalent 6.68% Securitized 0.61% Credit Quality
Rating Value AA 10.97% AAA 89.03% Top Securities Holdings / Portfolio
Name Holding Value Quantity 7.17% Govt Stock 2030
Sovereign Bonds | -12% ₹723 Cr 72,000,000
↑ 10,000,000 7.1% Govt Stock 2029
Sovereign Bonds | -6% ₹375 Cr 37,500,000
↑ 15,000,000 7.06% Govt Stock 2028
Sovereign Bonds | -5% ₹325 Cr 32,500,000 National Bank For Agriculture And Rural Development
Debentures | -3% ₹201 Cr 20,000
↑ 5,000 LIC Housing Finance Ltd. 7.84%
Debentures | -3% ₹200 Cr 20,000
↑ 20,000 07.86 MH Sdl 2030
Sovereign Bonds | -3% ₹164 Cr 16,000,000
↓ -500,000 India Grid TRust
Debentures | -3% ₹159 Cr 1,600 Rural Electrification Corporation Limited
Debentures | -3% ₹150 Cr 15,000 Small Industries Development Bank Of India
Debentures | -2% ₹146 Cr 14,500 Bharti Telecom Limited
Debentures | -2% ₹127 Cr 12,500 8. Axis Short Term Fund
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% . Axis Short Term Fund
Growth Launch Date 22 Jan 10 NAV (12 Apr 24) ₹27.9078 ↓ -0.03 (-0.09 %) Net Assets (Cr) ₹8,278 on 29 Feb 24 Category Debt - Short term Bond AMC Axis Asset Management Company Limited Rating ☆☆☆ Risk Moderately Low Expense Ratio 0.97 Sharpe Ratio 0.46 Information Ratio 0 Alpha Ratio 0 Min Investment 5,000 Min SIP Investment 1,000 Exit Load NIL Yield to Maturity 7.82% Effective Maturity 3 Years 8 Months 5 Days Modified Duration 2 Years 10 Months 2 Days Growth of 10,000 investment over the years.
Date Value 31 Mar 19 ₹10,000 31 Mar 20 ₹10,947 31 Mar 21 ₹11,814 31 Mar 22 ₹12,326 31 Mar 23 ₹12,859 31 Mar 24 ₹13,792 Returns for Axis Short Term Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 12 Apr 24 Duration Returns 1 Month 0.4% 3 Month 1.9% 6 Month 3.9% 1 Year 6.8% 3 Year 5.2% 5 Year 6.6% 10 Year 15 Year Since launch 7.5% Historical performance (Yearly) on absolute basis
Year Returns 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
Name Since Tenure Devang Shah 5 Nov 12 11.41 Yr. Aditya Pagaria 3 Jul 23 0.75 Yr. Data below for Axis Short Term Fund as on 29 Feb 24
Asset Allocation
Asset Class Value Cash 11.57% Debt 88.2% Other 0.23% Debt Sector Allocation
Sector Value Corporate 56.78% Government 36.44% Cash Equivalent 5.83% Securitized 0.72% Credit Quality
Rating Value AA 16.19% AAA 83.81% Top Securities Holdings / Portfolio
Name Holding Value Quantity 7.18% Govt Stock 2033
Sovereign Bonds | -13% ₹1,114 Cr 110,500,000
↑ 43,500,000 National Bank For Agriculture And Rural Development
Debentures | -5% ₹412 Cr 41,000
↓ -1,500 7.26% Govt Stock 2033
Sovereign Bonds | -3% ₹279 Cr 27,650,000
↓ -11,000,000 HDFC Bank Ltd.
Debentures | -3% ₹232 Cr 5,000
↑ 5,000 8.25% Govt Stock 2033
Sovereign Bonds | -2% ₹159 Cr 15,662,000
↑ 15,500,000 Bajaj Housing Finance Limited
Debentures | -2% ₹155 Cr 1,550 Small Industries Development Bank Of India
Debentures | -2% ₹151 Cr 15,000
↓ -2,500 Shriram Finance Limited
Debentures | -2% ₹150 Cr 15,000 Bharti Telecom Limited
Debentures | -2% ₹150 Cr 15,000 Kotak Mahindra Prime Ltd. 8.225%
Debentures | -2% ₹150 Cr 15,000
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