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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 April 21, 2024 , 42011 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 ₹28.84
↑ 0.02
₹2,689 500 247.276.97.51%2Y 5M 8D3Y 8M 5D
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 ₹54.5793
↑ 0.04
₹16,876 1,000 1.83.97.45.87.48.02%2Y 7M 2D4Y 9M 4D
Aditya Birla Sun Life Short Term Opportunities Fund Growth ₹43.112
↑ 0.02
₹6,767 1,000 1.73.96.85.56.97.87%2Y 10M 2D4Y 2M 5D
HDFC Short Term Debt Fund Growth ₹28.9638
↑ 0.02
₹12,915 300 24.17.25.57.17.86%2Y 9M 24D4Y 29D
Sundaram Short Term Debt Fund Growth ₹36.3802
↑ 0.01
₹362 250 0.811.412.85.3 4.52%1Y 2M 13D1Y 7M 3D
Nippon India Short Term Fund Growth ₹47.758
↑ 0.03
₹5,524 100 1.83.96.95.26.87.75%2Y 8M 5D3Y 6M
Axis Short Term Fund Growth ₹27.9509
↑ 0.02
₹7,797 1,000 1.83.96.75.26.87.81%2Y 9M 29D3Y 8M 16D
Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 23 Apr 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 (23 Apr 24) ₹28.84 ↑ 0.02   (0.06 %)
Net Assets (Cr) ₹2,689 on 31 Mar 24
Category Debt - Short term Bond
AMC UTI Asset Management Company Ltd
Rating
Risk Moderate
Expense Ratio 0.95
Sharpe Ratio 0.88
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 8 Months 5 Days
Modified Duration 2 Years 5 Months 8 Days

Growth of 10,000 investment over the years.

DateValue
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

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 ₹197,169.
Net Profit of ₹17,169
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 23 Apr 24

DurationReturns
1 Month 0.5%
3 Month 2%
6 Month 4%
1 Year 7.2%
3 Year 7%
5 Year 5.1%
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 1211.44 Yr.

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

Asset Allocation
Asset ClassValue
Cash7.8%
Debt91.98%
Other0.22%
Debt Sector Allocation
SectorValue
Government49.63%
Corporate42.34%
Cash Equivalent7.8%
Credit Quality
RatingValue
AA9.94%
AAA90.06%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
7.37% Govt Stock 2028
Sovereign Bonds | -
16%₹430 Cr4,250,000,000
↓ -1,000,000,000
182 DTB 29082024
Sovereign Bonds | -
13%₹339 Cr3,500,000,000
India (Republic of)
- | -
10%₹266 Cr2,750,000,000
↑ 2,750,000,000
National Bank For Agriculture And Rural Development
Debentures | -
8%₹226 Cr22,500
Power Finance Corporation Ltd.
Debentures | -
7%₹202 Cr20,000
Small Industries Development Bank of India
Debentures | -
7%₹201 Cr20,000
Rural Electrification Corporation Limited
Debentures | -
7%₹183 Cr18,000
LIC Housing Finance Limited
Debentures | -
5%₹125 Cr1,250
↑ 1,250
India Grid TRust
Debentures | -
3%₹75 Cr750
Shriram Finance Limited
Debentures | -
3%₹70 Cr7,000

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
31 Mar 19₹10,000
31 Mar 20₹10,652
31 Mar 21₹11,520

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 23 Apr 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 (23 Apr 24) ₹54.5793 ↑ 0.04   (0.08 %)
Net Assets (Cr) ₹16,876 on 31 Mar 24
Category Debt - Short term Bond
AMC ICICI Prudential Asset Management Company Limited
Rating
Risk Moderate
Expense Ratio 1.11
Sharpe Ratio 1.35
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.

DateValue
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

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 ₹203,125.
Net Profit of ₹23,125
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 23 Apr 24

DurationReturns
1 Month 0.5%
3 Month 1.8%
6 Month 3.9%
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
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 0914.38 Yr.
Nikhil Kabra29 Dec 203.26 Yr.

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

Asset Allocation
Asset ClassValue
Cash5.81%
Debt93.94%
Other0.25%
Debt Sector Allocation
SectorValue
Government46.99%
Corporate46.69%
Cash Equivalent5.81%
Securitized0.26%
Credit Quality
RatingValue
AA20.09%
AAA79.91%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
7.18% Govt Stock 2033
Sovereign Bonds | -
18%₹3,343 Cr331,697,910
8.25% Govt Stock 2033
Sovereign Bonds | -
9%₹1,737 Cr170,908,750
7.06% Govt Stock 2028
Sovereign Bonds | -
7%₹1,363 Cr136,354,250
↓ -2,899,200
8.1% Govt Stock 2034
Sovereign Bonds | -
4%₹809 Cr81,074,740
7.38% Govt Stock 2027
Sovereign Bonds | -
2%₹376 Cr37,227,200
Small Industries Development Bank Of India
Debentures | -
2%₹368 Cr37,000
Pipeline Infrastructure Limited
Debentures | -
2%₹338 Cr3,379
Muthoot Finance Limited
Debentures | -
2%₹301 Cr30,000
LIC Housing Finance Limited
Debentures | -
2%₹300 Cr3,000
Small Industries Development Bank Of India
Debentures | -
2%₹299 Cr3,000

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 (23 Apr 24) ₹43.112 ↑ 0.02   (0.05 %)
Net Assets (Cr) ₹6,767 on 31 Mar 24
Category Debt - Short term Bond
AMC Birla Sun Life Asset Management Co Ltd
Rating
Risk Moderate
Expense Ratio 1.11
Sharpe Ratio 0.39
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 7.87%
Effective Maturity 4 Years 2 Months 5 Days
Modified Duration 2 Years 10 Months 2 Days

Growth of 10,000 investment over the years.

DateValue
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

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 23 Apr 24

DurationReturns
1 Month 0.5%
3 Month 1.7%
6 Month 3.9%
1 Year 6.8%
3 Year 5.5%
5 Year 6.9%
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 149.56 Yr.
Mohit Sharma6 Aug 203.65 Yr.
Dhaval Joshi21 Nov 221.36 Yr.

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

Asset Allocation
Asset ClassValue
Cash18.86%
Debt80.22%
Other0.24%
Debt Sector Allocation
SectorValue
Government46.78%
Corporate45.12%
Cash Equivalent5.49%
Securitized2.37%
Credit Quality
RatingValue
AA14.56%
AAA85.44%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
7.18% Govt Stock 2033
Sovereign Bonds | -
9%₹675 Cr67,000,000
↑ 2,500,000
7.26% Govt Stock 2033
Sovereign Bonds | -
7%₹536 Cr53,000,000
7.38% Govt Stock 2027
Sovereign Bonds | -
7%₹491 Cr48,700,000
7.18% Govt Stock 2037
Sovereign Bonds | -
6%₹422 Cr42,000,000
7.06% Govt Stock 2028
Sovereign Bonds | -
3%₹207 Cr20,750,000
Bharti Telecom Limited
Debentures | -
2%₹150 Cr15,000
HDFC Bank Limited
Debentures | -
2%₹149 Cr1,500
7.17% Govt Stock 2030
Sovereign Bonds | -
2%₹146 Cr14,500,000
Embassy Office Parks Reit
Debentures | -
2%₹145 Cr14,500
8.25% Govt Stock 2033
Sovereign Bonds | -
2%₹127 Cr12,500,000

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 (23 Apr 24) ₹28.9638 ↑ 0.02   (0.05 %)
Net Assets (Cr) ₹12,915 on 31 Mar 24
Category Debt - Short term Bond
AMC HDFC Asset Management Company Limited
Rating
Risk Moderately Low
Expense Ratio 0.74
Sharpe Ratio 0.97
Information Ratio 0
Alpha Ratio 0
Min Investment 5,000
Min SIP Investment 300
Exit Load NIL
Yield to Maturity 7.86%
Effective Maturity 4 Years 29 Days
Modified Duration 2 Years 9 Months 24 Days

Growth of 10,000 investment over the years.

DateValue
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

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 23 Apr 24

DurationReturns
1 Month 0.5%
3 Month 2%
6 Month 4.1%
1 Year 7.2%
3 Year 5.5%
5 Year 7%
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 1013.78 Yr.
Dhruv Muchhal22 Jun 230.78 Yr.

Data below for HDFC Short Term Debt Fund as on 31 Mar 24

Asset Allocation
Asset ClassValue
Cash3.54%
Debt96.18%
Other0.28%
Debt Sector Allocation
SectorValue
Corporate49.98%
Government46.35%
Cash Equivalent2.97%
Securitized0.43%
Credit Quality
RatingValue
AA15.96%
AAA84.04%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
7.18% Govt Stock 2033
Sovereign Bonds | -
8%₹1,053 Cr104,500,000
7.69% Govt Stock 2028
Sovereign Bonds | -
4%₹513 Cr51,500,000
7.1% Govt Stock 2029
Sovereign Bonds | -
3%₹370 Cr37,000,000
6.79% Govt Stock 2027
Sovereign Bonds | -
3%₹362 Cr36,500,000
7.26% Govt Stock 2032
Sovereign Bonds | -
3%₹349 Cr34,500,000
Bharti Telecom Limited
Debentures | -
2%₹274 Cr2,750
State Bank Of India
Debentures | -
2%₹249 Cr2,500
National Bank for Agriculture and Rural Development
Domestic Bonds | -
2%₹226 Cr22,500
Small Industries Development Bank Of India
Debentures | -
2%₹202 Cr20,000
TVS Credit Services Limited
Debentures | -
2%₹201 Cr200

6. Sundaram Short Term Debt Fund

(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 CAGR/Annualized return of 6.9% since its launch.  Ranked 56 in Short term Bond category. .

Below is the key information for Sundaram Short Term Debt Fund

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.

DateValue
31 Mar 19₹10,000
31 Mar 20₹9,482
31 Mar 21₹10,172

Sundaram 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 ₹197,169.
Net Profit of ₹17,169
Invest Now

Returns for Sundaram 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 23 Apr 24

DurationReturns
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
YearReturns
2023
2022
2021
2020
2019
2018
2017
2016
2015
2014
Fund Manager information for Sundaram Short Term Debt Fund
NameSinceTenure

Data below for Sundaram Short Term Debt Fund as on 30 Nov 21

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

7. 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 (23 Apr 24) ₹47.758 ↑ 0.03   (0.05 %)
Net Assets (Cr) ₹5,524 on 31 Mar 24
Category Debt - Short term Bond
AMC Nippon Life Asset Management Ltd.
Rating
Risk Moderately Low
Expense Ratio 1.16
Sharpe Ratio 0.5
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.

DateValue
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

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 23 Apr 24

DurationReturns
1 Month 0.5%
3 Month 1.8%
6 Month 3.9%
1 Year 6.9%
3 Year 5.2%
5 Year 6.6%
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 204.17 Yr.
Kinjal Desai25 May 185.86 Yr.
Sushil Budhia31 Mar 213.01 Yr.

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

Asset Allocation
Asset ClassValue
Cash9.57%
Debt90.17%
Other0.26%
Debt Sector Allocation
SectorValue
Corporate54.91%
Government37.54%
Cash Equivalent6.68%
Securitized0.61%
Credit Quality
RatingValue
AA10.97%
AAA89.03%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
7.17% Govt Stock 2030
Sovereign Bonds | -
12%₹723 Cr72,000,000
↑ 10,000,000
7.1% Govt Stock 2029
Sovereign Bonds | -
6%₹375 Cr37,500,000
↑ 15,000,000
7.06% Govt Stock 2028
Sovereign Bonds | -
5%₹325 Cr32,500,000
National Bank For Agriculture And Rural Development
Debentures | -
3%₹201 Cr20,000
↑ 5,000
LIC Housing Finance Ltd. 7.84%
Debentures | -
3%₹200 Cr20,000
↑ 20,000
07.86 MH Sdl 2030
Sovereign Bonds | -
3%₹164 Cr16,000,000
↓ -500,000
India Grid TRust
Debentures | -
3%₹159 Cr1,600
Rural Electrification Corporation Limited
Debentures | -
3%₹150 Cr15,000
Small Industries Development Bank Of India
Debentures | -
2%₹146 Cr14,500
Bharti Telecom Limited
Debentures | -
2%₹127 Cr12,500

8. 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 (23 Apr 24) ₹27.9509 ↑ 0.02   (0.05 %)
Net Assets (Cr) ₹7,797 on 31 Mar 24
Category Debt - Short term Bond
AMC Axis Asset Management Company Limited
Rating
Risk Moderately Low
Expense Ratio 0.97
Sharpe Ratio 0.29
Information Ratio 0
Alpha Ratio 0
Min Investment 5,000
Min SIP Investment 1,000
Exit Load NIL
Yield to Maturity 7.81%
Effective Maturity 3 Years 8 Months 16 Days
Modified Duration 2 Years 9 Months 29 Days

Growth of 10,000 investment over the years.

DateValue
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

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 23 Apr 24

DurationReturns
1 Month 0.5%
3 Month 1.8%
6 Month 3.9%
1 Year 6.7%
3 Year 5.2%
5 Year 6.6%
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 1211.41 Yr.
Aditya Pagaria3 Jul 230.75 Yr.

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

Asset Allocation
Asset ClassValue
Cash11.57%
Debt88.2%
Other0.23%
Debt Sector Allocation
SectorValue
Corporate56.78%
Government36.44%
Cash Equivalent5.83%
Securitized0.72%
Credit Quality
RatingValue
AA16.19%
AAA83.81%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
7.18% Govt Stock 2033
Sovereign Bonds | -
13%₹1,114 Cr110,500,000
↑ 43,500,000
National Bank For Agriculture And Rural Development
Debentures | -
5%₹412 Cr41,000
↓ -1,500
7.26% Govt Stock 2033
Sovereign Bonds | -
3%₹279 Cr27,650,000
↓ -11,000,000
HDFC Bank Ltd.
Debentures | -
3%₹232 Cr5,000
↑ 5,000
8.25% Govt Stock 2033
Sovereign Bonds | -
2%₹159 Cr15,662,000
↑ 15,500,000
Bajaj Housing Finance Limited
Debentures | -
2%₹155 Cr1,550
Small Industries Development Bank Of India
Debentures | -
2%₹151 Cr15,000
↓ -2,500
Shriram Finance Limited
Debentures | -
2%₹150 Cr15,000
Bharti Telecom Limited
Debentures | -
2%₹150 Cr15,000
Kotak Mahindra Prime Ltd. 8.225%
Debentures | -
2%₹150 Cr15,000

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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