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8 Best Short Term Mutual Funds SIP Investments 2023 | Fincash.com

Fincash » MutualFunds » Top Short Term Mutual Fund SIP Plans

8 Best Short Term Mutual Funds to Invest in SIP 2023

Updated on February 2, 2023 , 34238 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 23 - 24

FundNAVNet Assets (Cr)Min SIP Investment3 MO (%)6 MO (%)1 YR (%)3 YR (%)2022 (%)Debt Yield (YTM)Mod. DurationEff. Maturity
UTI Short Term Income Fund Growth ₹26.4918
↑ 0.00
₹2,246 500 1.72.94.37.43.87.62%1Y 9M 4D2Y 5M 16D
BNP Paribas Short Term Fund Growth ₹25.4771
↓ -0.01
₹258 300 0.61.34.66.5 5.16%1Y 11M 26D2Y 3M
Aditya Birla Sun Life Short Term Opportunities Fund Growth ₹39.7055
↑ 0.01
₹5,007 1,000 1.72.74.86.34.27.81%1Y 7M 13D2Y
ICICI Prudential Short Term Fund Growth ₹49.9643
↑ 0.01
₹15,528 1,000 1.73.35.66.24.77.85%1Y 4M 20D4Y 8M 19D
HDFC Short Term Debt Fund Growth ₹26.5501
↑ 0.01
₹11,258 300 1.82.84.35.93.57.72%2Y 11D3Y 5M 8D
Axis Short Term Fund Growth ₹25.7614
↑ 0.00
₹6,941 1,000 1.82.74.35.73.77.55%1Y 11M 16D2Y 7M 2D
Nippon India Short Term Fund Growth ₹43.9852
↑ 0.01
₹5,604 100 1.82.63.85.53.27.74%2Y 3M 18D2Y 11M 23D
Principal Short Term Debt Fund Growth ₹37.0428
↑ 0.02
₹206 2,000 1.92.94.15.53.57.32%1Y 5M 8D1Y 11M 27D
Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 3 Feb 23
*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 6.5% since its launch.  Ranked 10 in Short term Bond category.  Return for 2022 was 3.8% , 2021 was 8.4% and 2020 was 10.5% .

Below is the key information for UTI Short Term Income Fund

UTI Short Term Income Fund
Growth
Launch Date 19 Sep 07
NAV (03 Feb 23) ₹26.4918 ↑ 0.00   (0.02 %)
Net Assets (Cr) ₹2,246 on 31 Dec 22
Category Debt - Short term Bond
AMC UTI Asset Management Company Ltd
Rating
Risk Moderate
Expense Ratio 0.94
Sharpe Ratio -1.24
Information Ratio 0
Alpha Ratio 0
Min Investment 10,000
Min SIP Investment 500
Exit Load NIL
Yield to Maturity 7.62%
Effective Maturity 2 Years 5 Months 16 Days
Modified Duration 1 Year 9 Months 4 Days

Growth of 10,000 investment over the years.

DateValue
31 Jan 18₹10,000
31 Jan 19₹10,594
31 Jan 20₹10,237
31 Jan 21₹11,197
31 Jan 22₹12,185
31 Jan 23₹12,671

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 ₹194,235.
Net Profit of ₹14,235
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 3 Feb 23

DurationReturns
1 Month 0.5%
3 Month 1.7%
6 Month 2.9%
1 Year 4.3%
3 Year 7.4%
5 Year 4.9%
10 Year
15 Year
Since launch 6.5%
Historical performance (Yearly) on absolute basis
YearReturns
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%
2013 9%
Fund Manager information for UTI Short Term Income Fund
NameSinceTenure
Sudhir Agarwal25 Oct 1210.19 Yr.

Data below for UTI Short Term Income Fund as on 31 Dec 22

Asset Allocation
Asset ClassValue
Cash31.7%
Debt68.3%
Debt Sector Allocation
SectorValue
Corporate60.14%
Cash Equivalent21.1%
Government18.76%
Credit Quality
RatingValue
AA17.8%
AAA82.2%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
National Bank For Agriculture And Rural Development
Debentures | -
9%₹199 Cr2,000
↑ 2,000
Axis Finance Limited
Debentures | -
7%₹160 Cr1,600
Small Industries Development Bank Of India
Debentures | -
7%₹149 Cr1,500
7.38% Govt Stock 2027
Sovereign Bonds | -
4%₹101 Cr1,000,000,000
↓ -500,000,000
India Grid TRust
Debentures | -
3%₹74 Cr750
Mahindra Rural Housing Finance Limited
Debentures | -
3%₹69 Cr700
Can Fin Homes Limited
Debentures | -
3%₹63 Cr650
TATA Motors Finance Limited
Debentures | -
3%₹59 Cr600
Rural Electrification Corporation Limited
Debentures | -
2%₹51 Cr500
Shriram Finance Limited
Debentures | -
2%₹50 Cr500

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 Jan 18₹10,000
31 Jan 19₹10,676
31 Jan 20₹11,457
31 Jan 21₹12,498
31 Jan 22₹12,954

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 3 Feb 23

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
2022
2021
2020
2019
2018
2017
2016
2015
2014
2013
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. 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 2022 was 4.2% , 2021 was 3.8% and 2020 was 11.1% .

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 (03 Feb 23) ₹39.7055 ↑ 0.01   (0.03 %)
Net Assets (Cr) ₹5,007 on 31 Dec 22
Category Debt - Short term Bond
AMC Birla Sun Life Asset Management Co Ltd
Rating
Risk Moderate
Expense Ratio 1.11
Sharpe Ratio -0.69
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 7.81%
Effective Maturity 2 Years
Modified Duration 1 Year 7 Months 13 Days

Growth of 10,000 investment over the years.

DateValue
31 Jan 18₹10,000
31 Jan 19₹10,668
31 Jan 20₹11,573
31 Jan 21₹12,799
31 Jan 22₹13,335
31 Jan 23₹13,919

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 3 Feb 23

DurationReturns
1 Month 0.5%
3 Month 1.7%
6 Month 2.7%
1 Year 4.8%
3 Year 6.3%
5 Year 6.9%
10 Year
15 Year
Since launch 7.2%
Historical performance (Yearly) on absolute basis
YearReturns
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%
2013 10.1%
Fund Manager information for Aditya Birla Sun Life Short Term Opportunities Fund
NameSinceTenure
Kaustubh Gupta11 Sep 148.31 Yr.
Mohit Sharma6 Aug 202.41 Yr.

Data below for Aditya Birla Sun Life Short Term Opportunities Fund as on 31 Dec 22

Asset Allocation
Asset ClassValue
Cash24.08%
Debt75.92%
Debt Sector Allocation
SectorValue
Corporate56.69%
Government30.1%
Cash Equivalent10.13%
Securitized3.08%
Credit Quality
RatingValue
AA23.23%
AAA76.77%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
7.26% Govt Stock 2032
Sovereign Bonds | -
6%₹319 Cr32,011,700
↑ 11,500,000
Housing Development Finance Corporation Ltd
Debentures | -
3%₹149 Cr1,500
Shriram Finance Limited
Debentures | -
3%₹141 Cr1,400
State Bank Of India
Debentures | -
3%₹140 Cr1,450
Bajaj Housing Finance Limited
Debentures | -
3%₹137 Cr1,400
State Bank Of India
Debentures | -
2%₹121 Cr1,204
06.90 OIL SPL 2026
Domestic Bonds | -
2%₹103 Cr10,397,000
Bharti Telecom Limited
Debentures | -
2%₹100 Cr1,000
7.42% Govt Stock 2033
Sovereign Bonds | -
2%₹100 Cr10,000,000
Sundew Properties Limited
Debentures | -
2%₹99 Cr1,020

4. 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 7.9% since its launch.  Ranked 11 in Short term Bond category.  Return for 2022 was 4.7% , 2021 was 3.9% and 2020 was 10.6% .

Below is the key information for ICICI Prudential Short Term Fund

ICICI Prudential Short Term Fund
Growth
Launch Date 25 Oct 01
NAV (03 Feb 23) ₹49.9643 ↑ 0.01   (0.02 %)
Net Assets (Cr) ₹15,528 on 31 Dec 22
Category Debt - Short term Bond
AMC ICICI Prudential Asset Management Company Limited
Rating
Risk Moderate
Expense Ratio 1.14
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 7.85%
Effective Maturity 4 Years 8 Months 19 Days
Modified Duration 1 Year 4 Months 20 Days

Growth of 10,000 investment over the years.

DateValue
31 Jan 18₹10,000
31 Jan 19₹10,616
31 Jan 20₹11,651
31 Jan 21₹12,805
31 Jan 22₹13,298
31 Jan 23₹13,968

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 3 Feb 23

DurationReturns
1 Month 0.5%
3 Month 1.7%
6 Month 3.3%
1 Year 5.6%
3 Year 6.2%
5 Year 7%
10 Year
15 Year
Since launch 7.9%
Historical performance (Yearly) on absolute basis
YearReturns
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%
2013 7.2%
Fund Manager information for ICICI Prudential Short Term Fund
NameSinceTenure
Manish Banthia19 Nov 0913.13 Yr.
Nikhil Kabra29 Dec 202.01 Yr.

Data below for ICICI Prudential Short Term Fund as on 31 Dec 22

Asset Allocation
Asset ClassValue
Cash20.45%
Debt79.55%
Debt Sector Allocation
SectorValue
Corporate49.3%
Government40.62%
Cash Equivalent9.22%
Securitized0.86%
Credit Quality
RatingValue
AA16.66%
AAA83.34%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
7.42% Govt Stock 2033
Sovereign Bonds | -
11%₹1,690 Cr169,624,650
7.38% Govt Stock 2027
Sovereign Bonds | -
8%₹1,325 Cr131,199,900
7.69% Govt Stock 2034
Sovereign Bonds | -
6%₹938 Cr95,824,740
7.01% Govt Stock 2028
Sovereign Bonds | -
5%₹717 Cr72,756,299
Pipeline Infrastructure Limited
Debentures | -
3%₹420 Cr4,129
Small Industries Development Bank Of India
Debentures | -
2%₹301 Cr3,000
6.69% Govt Stock 2024
Sovereign Bonds | -
2%₹249 Cr25,000,000
Godrej Industries Limited
Debentures | -
1%₹221 Cr2,250
Jamnagar Utilities & Power Private Limited
Debentures | -
1%₹201 Cr2,000
Power Finance Corporation Ltd.
Debentures | -
1%₹200 Cr2,000

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 2022 was 3.5% , 2021 was 3.9% and 2020 was 11% .

Below is the key information for HDFC Short Term Debt Fund

HDFC Short Term Debt Fund
Growth
Launch Date 25 Jun 10
NAV (03 Feb 23) ₹26.5501 ↑ 0.01   (0.02 %)
Net Assets (Cr) ₹11,258 on 31 Dec 22
Category Debt - Short term Bond
AMC HDFC Asset Management Company Limited
Rating
Risk Moderately Low
Expense Ratio 0.74
Sharpe Ratio -1.27
Information Ratio 0
Alpha Ratio 0
Min Investment 5,000
Min SIP Investment 300
Exit Load NIL
Yield to Maturity 7.72%
Effective Maturity 3 Years 5 Months 8 Days
Modified Duration 2 Years 11 Days

Growth of 10,000 investment over the years.

DateValue
31 Jan 18₹10,000
31 Jan 19₹10,719
31 Jan 20₹11,781
31 Jan 21₹12,968
31 Jan 22₹13,487
31 Jan 23₹14,006

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 ₹203,125.
Net Profit of ₹23,125
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 3 Feb 23

DurationReturns
1 Month 0.5%
3 Month 1.8%
6 Month 2.8%
1 Year 4.3%
3 Year 5.9%
5 Year 7%
10 Year
15 Year
Since launch 8%
Historical performance (Yearly) on absolute basis
YearReturns
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%
2013 8.4%
Fund Manager information for HDFC Short Term Debt Fund
NameSinceTenure
Anil Bamboli25 Jun 1012.53 Yr.
Priya Ranjan1 May 220.67 Yr.

Data below for HDFC Short Term Debt Fund as on 31 Dec 22

Asset Allocation
Asset ClassValue
Cash7.37%
Debt92.63%
Debt Sector Allocation
SectorValue
Corporate52.93%
Government41.52%
Cash Equivalent4.61%
Securitized0.94%
Credit Quality
RatingValue
AA19.81%
AAA80.19%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
7.01% Govt Stock 2028
Sovereign Bonds | -
5%₹572 Cr58,000,000
Indinfravit TRust
Debentures | -
3%₹377 Cr3,900
6.79% Govt Stock 2027
Sovereign Bonds | -
3%₹360 Cr36,500,000
7.38% Govt Stock 2027
Sovereign Bonds | -
3%₹318 Cr31,500,000
↑ 1,500,000
Samvardhana Motherson International Limited
Debentures | -
3%₹297 Cr3,000
7.1% Govt Stock 2029
Sovereign Bonds | -
3%₹293 Cr29,500,000
6.97% Govt Stock 2026
Sovereign Bonds | -
2%₹279 Cr28,000,000
Bharti Telecom Limited
Debentures | -
2%₹276 Cr2,750
State Bank Of India
Debentures | -
2%₹252 Cr2,500
7.59% Govt Stock 2026
Sovereign Bonds | -
2%₹244 Cr24,000,000

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 2022 was 3.7% , 2021 was 3.5% and 2020 was 10.1% .

Below is the key information for Axis Short Term Fund

Axis Short Term Fund
Growth
Launch Date 22 Jan 10
NAV (03 Feb 23) ₹25.7614 ↑ 0.00   (0.02 %)
Net Assets (Cr) ₹6,941 on 31 Dec 22
Category Debt - Short term Bond
AMC Axis Asset Management Company Limited
Rating
Risk Moderately Low
Expense Ratio 0
Sharpe Ratio -1.13
Information Ratio 0
Alpha Ratio 0
Min Investment 5,000
Min SIP Investment 1,000
Exit Load NIL
Yield to Maturity 7.55%
Effective Maturity 2 Years 7 Months 2 Days
Modified Duration 1 Year 11 Months 16 Days

Growth of 10,000 investment over the years.

DateValue
31 Jan 18₹10,000
31 Jan 19₹10,669
31 Jan 20₹11,717
31 Jan 21₹12,801
31 Jan 22₹13,296
31 Jan 23₹13,815

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 3 Feb 23

DurationReturns
1 Month 0.6%
3 Month 1.8%
6 Month 2.7%
1 Year 4.3%
3 Year 5.7%
5 Year 6.7%
10 Year
15 Year
Since launch 7.5%
Historical performance (Yearly) on absolute basis
YearReturns
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%
2013 7.3%
Fund Manager information for Axis Short Term Fund
NameSinceTenure
Devang Shah5 Nov 1210.16 Yr.

Data below for Axis Short Term Fund as on 31 Dec 22

Asset Allocation
Asset ClassValue
Cash12.46%
Debt87.54%
Debt Sector Allocation
SectorValue
Corporate57.48%
Government35.37%
Cash Equivalent5.44%
Securitized1.7%
Credit Quality
RatingValue
AA15.7%
AAA84.3%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
7.38% Govt Stock 2027
Sovereign Bonds | -
7%₹501 Cr49,634,600
↑ 12,634,600
Housing Development Finance Corporation Limited
Debentures | -
5%₹349 Cr3,500
↓ -50
Mahindra Rural Housing Finance Limited
Debentures | -
4%₹245 Cr2,500
7.01% Govt Stock 2028
Sovereign Bonds | -
3%₹236 Cr24,000,000
Bharti Telecom Limited
Debentures | -
3%₹201 Cr2,000
Hero Fincorp Limited
Debentures | -
3%₹200 Cr2,000
Small Industries Development Bank Of India
Debentures | -
3%₹175 Cr1,750
↓ -250
Hero Fincorp Limited
Debentures | -
2%₹150 Cr1,500
Power Finance Corporation Ltd.
Debentures | -
2%₹150 Cr1,500
↑ 1,500
7.59% Govt Stock 2026
Sovereign Bonds | -
2%₹142 Cr13,955,600

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 2022 was 3.2% , 2021 was 4.4% and 2020 was 9.5% .

Below is the key information for Nippon India Short Term Fund

Nippon India Short Term Fund
Growth
Launch Date 18 Dec 02
NAV (03 Feb 23) ₹43.9852 ↑ 0.01   (0.02 %)
Net Assets (Cr) ₹5,604 on 31 Dec 22
Category Debt - Short term Bond
AMC Nippon Life Asset Management Ltd.
Rating
Risk Moderately Low
Expense Ratio 1.14
Sharpe Ratio -1.23
Information Ratio -0.9
Alpha Ratio -0.56
Min Investment 5,000
Min SIP Investment 100
Exit Load NIL
Yield to Maturity 7.74%
Effective Maturity 2 Years 11 Months 23 Days
Modified Duration 2 Years 3 Months 18 Days

Growth of 10,000 investment over the years.

DateValue
31 Jan 18₹10,000
31 Jan 19₹10,586
31 Jan 20₹11,588
31 Jan 21₹12,573
31 Jan 22₹13,175
31 Jan 23₹13,620

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 3 Feb 23

DurationReturns
1 Month 0.5%
3 Month 1.8%
6 Month 2.6%
1 Year 3.8%
3 Year 5.5%
5 Year 6.5%
10 Year
15 Year
Since launch 7.6%
Historical performance (Yearly) on absolute basis
YearReturns
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%
2013 7.5%
Fund Manager information for Nippon India Short Term Fund
NameSinceTenure
Vivek Sharma1 Feb 202.92 Yr.
Sushil Budhia31 Mar 211.75 Yr.

Data below for Nippon India Short Term Fund as on 31 Dec 22

Asset Allocation
Asset ClassValue
Cash16.66%
Debt83.34%
Debt Sector Allocation
SectorValue
Corporate50.6%
Government41.63%
Cash Equivalent4.78%
Securitized2.99%
Credit Quality
RatingValue
AA10.55%
AAA89.45%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
7.38% Govt Stock 2027
Sovereign Bonds | -
8%₹454 Cr45,000,000
↑ 10,000,000
7.1% Govt Stock 2029
Sovereign Bonds | -
7%₹417 Cr42,000,000
7.01% Govt Stock 2028
Sovereign Bonds | -
5%₹271 Cr27,500,000
India Grid TRust
Debentures | -
4%₹208 Cr2,100
5.74% Govt Stock 2026
Sovereign Bonds | -
3%₹182 Cr19,000,000
Bharti Telecom Limited
Debentures | -
3%₹151 Cr1,500
Small Industries Development Bank Of India
Debentures | -
3%₹150 Cr1,500
National Bank For Agriculture And Rural Development
Debentures | -
3%₹149 Cr1,500
↑ 1,500
Embassy Office Parks Reit
Debentures | -
3%₹141 Cr1,450
HDB Financial Services 8.04%
Debentures | -
2%₹125 Cr1,250

8. 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 2022 was 3.5% , 2021 was 3.2% and 2020 was 10.3% .

Below is the key information for Principal Short Term Debt Fund

Principal Short Term Debt Fund
Growth
Launch Date 9 May 03
NAV (03 Feb 23) ₹37.0428 ↑ 0.02   (0.05 %)
Net Assets (Cr) ₹206 on 15 Jan 23
Category Debt - Short term Bond
AMC Principal Pnb Asset Mgmt. Co. Priv. Ltd.
Rating
Risk Moderate
Expense Ratio 1
Sharpe Ratio -1.64
Information Ratio 0
Alpha Ratio 0
Min Investment 5,000
Min SIP Investment 2,000
Exit Load NIL
Yield to Maturity 7.32%
Effective Maturity 1 Year 11 Months 27 Days
Modified Duration 1 Year 5 Months 8 Days

Growth of 10,000 investment over the years.

DateValue
31 Jan 18₹10,000
31 Jan 19₹10,632
31 Jan 20₹10,468
31 Jan 21₹11,428
31 Jan 22₹11,857
31 Jan 23₹12,298

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 ₹194,235.
Net Profit of ₹14,235
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 3 Feb 23

DurationReturns
1 Month 0.6%
3 Month 1.9%
6 Month 2.9%
1 Year 4.1%
3 Year 5.5%
5 Year 4.3%
10 Year
15 Year
Since launch 6.9%
Historical performance (Yearly) on absolute basis
YearReturns
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%
2013 7.8%
Fund Manager information for Principal Short Term Debt Fund
NameSinceTenure
Dwijendra Srivastava1 Jan 221 Yr.
Sandeep Agarwal1 Jan 221 Yr.

Data below for Principal Short Term Debt Fund as on 15 Jan 23

Asset Allocation
Asset ClassValue
Cash35.35%
Debt64.65%
Debt Sector Allocation
SectorValue
Government38.75%
Corporate32.92%
Cash Equivalent28.32%
Credit Quality
RatingValue
AA3.82%
AAA96.18%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
7.38% Govt Stock 2027
Sovereign Bonds | -
7%₹15 Cr1,500,000
6.69% Govt Stock 2024
Sovereign Bonds | -
7%₹15 Cr1,500,000
Citicorp Finance (India) Limited
Debentures | -
6%₹12 Cr120
Sikka Ports & Terminals Limited
Debentures | -
5%₹10 Cr100
LIC Housing Finance Limited
Debentures | -
5%₹10 Cr100
Chennai Petroleum Corporation Ltd.
Debentures | -
5%₹10 Cr100
5.22% Govt Stock 2025
Sovereign Bonds | -
5%₹10 Cr1,000,000
↓ -500,000
Piramal Capital & Housing Finance Limited
Debentures | -
3%₹6 Cr79,276
↓ -30,000
ICICI Bank Limited
Debentures | -
2%₹5 Cr50
Housing Development Finance Corporation Limited
Debentures | -
2%₹5 Cr50

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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