Top 4 Mutual Funds for Low Risk Investors

Updated on October 26, 2026 , 4242 views

If you are approaching retirement or are a newbie to Mutual Funds or if you are looking for an investment that won’t cause you much loss and protect your funds at the same time, then we have got some options that you need to have a look at. Ideally, low-risk investors are the one who wants to invest their money, but don’t want to risk their investments. In other words, they want to make a safe investment in Mutual Funds.

Debt funds, a type of Mutual Fund, have some of the best low-risk investments for conservative investors. As debt funds invest in government Bonds, money market securities, etc., they carry a lower risk, compared to equities. Also, since these funds have a low-risk, the maturity duration of these funds is short, varying from a few days to a year. But, these funds are known for this short-term returns. Risk-averse investors can invest in these funds for a short duration and earn optimal returns.

Best Low Risk Mutual Funds for Low Risk Investors

Fund Selection Methodology used to find 4 funds

Category: Debt
Sub-category: Overnight
AUM Range: 100 to 1000000 Cr
Sorted On : 6-month return (high to low)
Tags: fcpro
No Of Funds: 4

Overnight Funds

These are a debt scheme that will invest in bonds that mature in a day. In other words, investment is done in overnight securities with a maturity of one day. This is a safe option for investors who want to park money without worrying about risks and returns. Some overnight scheme, in order to generate credit risk-free return by way of income or growth, invests in Central Government Securities, Treasury Bills, Call Money and Repos. This is a great option for investors who want to invest their surplus amount for a night. However, one who don't want to redeem their fund overnight, can let it remain in the scheme.

Fund	NAV	Net Assets (Cr)	3 MO (%)	6 MO (%)	1 YR (%)	3 YR (%)	2025 (%)	Debt Yield (YTM)	Mod. Duration	Eff. Maturity
UTI Overnight Fund Growth	₹3,753.8 ↑ 0.57	₹8,999	1.3	2.6	5.2	6	5.8	5.13%	1D	1D
SBI Overnight Fund Growth	₹4,448.32 ↑ 0.68	₹25,553	1.3	2.6	5.2	5.9	5.7	5.04%	1D	1D
HDFC Overnight Fund Growth	₹4,067.14 ↑ 0.61	₹10,342	1.3	2.5	5.1	5.9	5.7	5.2%	1D	2D
Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 28 Oct 26

Research Highlights & Commentary of 3 Funds showcased

Commentary	UTI Overnight Fund	SBI Overnight Fund	HDFC Overnight Fund
Point 1	Bottom quartile AUM (₹8,999 Cr).	Highest AUM (₹25,553 Cr).	Lower mid AUM (₹10,342 Cr).
Point 2	Established history (22+ yrs).	Oldest track record among peers (24 yrs).	Established history (24+ yrs).
Point 3	Top rated.	Rating: 2★ (lower mid).	Rating: 1★ (bottom quartile).
Point 4	Risk profile: Moderately Low.	Risk profile: Low.	Risk profile: Low.
Point 5	1Y return: 5.20% (upper mid).	1Y return: 5.17% (lower mid).	1Y return: 5.12% (bottom quartile).
Point 6	1M return: 0.44% (lower mid).	1M return: 0.44% (upper mid).	1M return: 0.43% (bottom quartile).
Point 7	Sharpe: -20.69 (upper mid).	Sharpe: -27.21 (bottom quartile).	Sharpe: -25.33 (lower mid).
Point 8	Information ratio: 0.00 (upper mid).	Information ratio: 0.00 (lower mid).	Information ratio: 0.00 (bottom quartile).
Point 9	Yield to maturity (debt): 5.13% (lower mid).	Yield to maturity (debt): 5.04% (bottom quartile).	Yield to maturity (debt): 5.20% (upper mid).
Point 10	Modified duration: 0.00 yrs (upper mid).	Modified duration: 0.00 yrs (lower mid).	Modified duration: 0.00 yrs (bottom quartile).

UTI Overnight Fund

Bottom quartile AUM (₹8,999 Cr).
Established history (22+ yrs).
Top rated.
Risk profile: Moderately Low.
1Y return: 5.20% (upper mid).
1M return: 0.44% (lower mid).
Sharpe: -20.69 (upper mid).
Information ratio: 0.00 (upper mid).
Yield to maturity (debt): 5.13% (lower mid).
Modified duration: 0.00 yrs (upper mid).

SBI Overnight Fund

Highest AUM (₹25,553 Cr).
Oldest track record among peers (24 yrs).
Rating: 2★ (lower mid).
Risk profile: Low.
1Y return: 5.17% (lower mid).
1M return: 0.44% (upper mid).
Sharpe: -27.21 (bottom quartile).
Information ratio: 0.00 (lower mid).
Yield to maturity (debt): 5.04% (bottom quartile).
Modified duration: 0.00 yrs (lower mid).

HDFC Overnight Fund

Lower mid AUM (₹10,342 Cr).
Established history (24+ yrs).
Rating: 1★ (bottom quartile).
Risk profile: Low.
1Y return: 5.12% (bottom quartile).
1M return: 0.43% (bottom quartile).
Sharpe: -25.33 (lower mid).
Information ratio: 0.00 (bottom quartile).
Yield to maturity (debt): 5.20% (upper mid).
Modified duration: 0.00 yrs (bottom quartile).

About the Fincash Research Team

At Fincash, our mission is to help investors make informed, confident decisions. With over 10 years in Mutual Fund distribution, our team blends deep industry expertise with a commitment to transparency, accuracy, and investor education.

Who We Are

AMFI Registration No.: 112358
MCA CIN: U74999MH2016PTC282153
Location: Thane, Maharashtra, India
Experience: 10+ years in Mutual Fund distribution

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Certified Mutual Fund Distributors with hands-on advisory experience.
Market analysts tracking performance, macro trends, and sectors.
Data specialists processing NAVs, allocations, and risk metrics from Morning Star.

Our Research Process

Data sourcing: SEBI-registered fund houses & verified third-party provider Morning Star
Screening: Returns, manager track record, expenses, sector mix, risk-adjusted metrics.
Expert review: Senior team members review every article and list for accuracy.
Updates: Regular refreshes so performance data reflects current market conditions.

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Disclaimer

Content is for educational and informational purposes only and is not investment advice. Please consider your risk profile and consult a financial advisor before investing.

Liquid Funds

Liquid Funds invest in securities that have a low maturity period, usually less than 91 days. These funds mainly invest in treasury bills, commercial papers, term deposit, etc. Liquid funds provide easy liquidity and are least volatile than the other types of debt instruments. Also, liquids are a better option than traditional Bank Savings Account. In comparison to bank account, liquid funds provide 7-8% of annual interest. Generally, anyone having idle cash in their savings account must have thought of Investing it somewhere to make more money out of it. Investors who want risk-free investment can ideally prefer investing in these funds.

Fund	NAV	Net Assets (Cr)	1 MO (%)	3 MO (%)	6 MO (%)	1 YR (%)	2025 (%)	Debt Yield (YTM)	Mod. Duration	Eff. Maturity
IDBI Liquid Fund Growth	₹2,454.04 ↑ 0.35	₹503	0.5	1.7	3.4	6.6		6.66%	1M 7D	1M 10D
BOI AXA Liquid Fund Growth	₹3,260.59 ↑ 0.48	₹1,874	0.5	1.5	3.2	6.4	6.6	6.09%	1M 17D	1M 17D
Axis Liquid Fund Growth	₹3,152.27 ↑ 0.45	₹53,470	0.4	1.5	3.1	6.4	6.6	6.37%	1M 19D	1M 19D
Indiabulls Liquid Fund Growth	₹2,736.44 ↑ 0.40	₹301	0.5	1.5	3.1	6.4	6.6	6.4%	1M 18D	1M 18D
PGIM India Insta Cash Fund Growth	₹368.406 ↑ 0.05	₹1,438	0.5	1.5	3.1	6.4	6.5	6.15%	1M 10D	1M 10D
Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 28 Jul 23

Research Highlights & Commentary of 5 Funds showcased

Commentary	IDBI Liquid Fund	BOI AXA Liquid Fund	Axis Liquid Fund	Indiabulls Liquid Fund	PGIM India Insta Cash Fund
Point 1	Bottom quartile AUM (₹503 Cr).	Upper mid AUM (₹1,874 Cr).	Highest AUM (₹53,470 Cr).	Bottom quartile AUM (₹301 Cr).	Lower mid AUM (₹1,438 Cr).
Point 2	Established history (16+ yrs).	Established history (18+ yrs).	Established history (17+ yrs).	Established history (15+ yrs).	Oldest track record among peers (19 yrs).
Point 3	Rating: 3★ (bottom quartile).	Rating: 3★ (bottom quartile).	Rating: 4★ (lower mid).	Top rated.	Rating: 5★ (upper mid).
Point 4	Risk profile: Low.	Risk profile: Low.	Risk profile: Low.	Risk profile: Low.	Risk profile: Low.
Point 5	1Y return: 6.55% (top quartile).	1Y return: 6.42% (upper mid).	1Y return: 6.42% (lower mid).	1Y return: 6.37% (bottom quartile).	1Y return: 6.38% (bottom quartile).
Point 6	1M return: 0.53% (top quartile).	1M return: 0.45% (lower mid).	1M return: 0.44% (bottom quartile).	1M return: 0.47% (upper mid).	1M return: 0.45% (bottom quartile).
Point 7	Sharpe: 0.20 (bottom quartile).	Sharpe: 3.52 (top quartile).	Sharpe: 3.18 (lower mid).	Sharpe: 3.19 (upper mid).	Sharpe: 3.02 (bottom quartile).
Point 8	Information ratio: -5.96 (bottom quartile).	Information ratio: 2.55 (top quartile).	Information ratio: 0.00 (bottom quartile).	Information ratio: 1.47 (upper mid).	Information ratio: 1.28 (lower mid).
Point 9	Yield to maturity (debt): 6.66% (top quartile).	Yield to maturity (debt): 6.09% (bottom quartile).	Yield to maturity (debt): 6.37% (lower mid).	Yield to maturity (debt): 6.40% (upper mid).	Yield to maturity (debt): 6.15% (bottom quartile).
Point 10	Modified duration: 0.10 yrs (top quartile).	Modified duration: 0.13 yrs (lower mid).	Modified duration: 0.14 yrs (bottom quartile).	Modified duration: 0.13 yrs (bottom quartile).	Modified duration: 0.11 yrs (upper mid).

IDBI Liquid Fund

Bottom quartile AUM (₹503 Cr).
Established history (16+ yrs).
Rating: 3★ (bottom quartile).
Risk profile: Low.
1Y return: 6.55% (top quartile).
1M return: 0.53% (top quartile).
Sharpe: 0.20 (bottom quartile).
Information ratio: -5.96 (bottom quartile).
Yield to maturity (debt): 6.66% (top quartile).
Modified duration: 0.10 yrs (top quartile).

BOI AXA Liquid Fund

Upper mid AUM (₹1,874 Cr).
Established history (18+ yrs).
Rating: 3★ (bottom quartile).
Risk profile: Low.
1Y return: 6.42% (upper mid).
1M return: 0.45% (lower mid).
Sharpe: 3.52 (top quartile).
Information ratio: 2.55 (top quartile).
Yield to maturity (debt): 6.09% (bottom quartile).
Modified duration: 0.13 yrs (lower mid).

Axis Liquid Fund

Highest AUM (₹53,470 Cr).
Established history (17+ yrs).
Rating: 4★ (lower mid).
Risk profile: Low.
1Y return: 6.42% (lower mid).
1M return: 0.44% (bottom quartile).
Sharpe: 3.18 (lower mid).
Information ratio: 0.00 (bottom quartile).
Yield to maturity (debt): 6.37% (lower mid).
Modified duration: 0.14 yrs (bottom quartile).

Indiabulls Liquid Fund

Bottom quartile AUM (₹301 Cr).
Established history (15+ yrs).
Top rated.
Risk profile: Low.
1Y return: 6.37% (bottom quartile).
1M return: 0.47% (upper mid).
Sharpe: 3.19 (upper mid).
Information ratio: 1.47 (upper mid).
Yield to maturity (debt): 6.40% (upper mid).
Modified duration: 0.13 yrs (bottom quartile).

PGIM India Insta Cash Fund

Lower mid AUM (₹1,438 Cr).
Oldest track record among peers (19 yrs).
Rating: 5★ (upper mid).
Risk profile: Low.
1Y return: 6.38% (bottom quartile).
1M return: 0.45% (bottom quartile).
Sharpe: 3.02 (bottom quartile).
Information ratio: 1.28 (lower mid).
Yield to maturity (debt): 6.15% (bottom quartile).
Modified duration: 0.11 yrs (upper mid).

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Ultra Short Term Funds

Ultra short duration funds invest in fixed income instruments which have a Macaulay duration between three to six months. Ultra short-term funds help investors avoid interest rate risks and also offer better returns compared to liquid debt funds. These funds are short-term investments that are highly suitable for investors who are willing to marginally increase the risk of investment to earn good returns. Typically, the yield on a debt instrument is higher for instruments with longer maturities. Thus, securities in ultra short mutual funds usually earn a higher yield as compared to Liquid funds (albeit at a relatively higher risk). As a result, ultra short term funds may give marginally better returns than liquid funds over comparable periods of time.

Fund	NAV	Net Assets (Cr)	3 MO (%)	6 MO (%)	1 YR (%)	3 YR (%)	2025 (%)	Debt Yield (YTM)	Mod. Duration	Eff. Maturity
Franklin India Ultra Short Bond Fund - Super Institutional Plan Growth	₹34.9131 ↑ 0.04	₹297	1.3	5.9	13.7	8.8		0%		1Y 15D
IDBI Ultra Short Term Fund Growth	₹2,424.68 ↑ 0.44	₹146	1.6	3.4	6.4	4.8		6.83%	2M 10D	2M 23D
Aditya Birla Sun Life Savings Fund Growth	₹594.544 ↑ 0.03	₹16,279	1.4	3.1	6.1	7.2	7.4	7.61%	6M 7D	7M 13D
SBI Magnum Ultra Short Duration Fund Growth	₹6,466.31 ↑ 0.63	₹11,237	1.4	3	6	6.9	7	7.03%	3M 14D	5M 23D
Invesco India Ultra Short Term Fund Growth	₹2,914.56 ↑ 0.06	₹1,394	1.3	3	6	6.8	6.8	0%
Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 7 Aug 22

Research Highlights & Commentary of 5 Funds showcased

Commentary	Franklin India Ultra Short Bond Fund - Super Institutional Plan	IDBI Ultra Short Term Fund	Aditya Birla Sun Life Savings Fund	SBI Magnum Ultra Short Duration Fund	Invesco India Ultra Short Term Fund
Point 1	Bottom quartile AUM (₹297 Cr).	Bottom quartile AUM (₹146 Cr).	Highest AUM (₹16,279 Cr).	Upper mid AUM (₹11,237 Cr).	Lower mid AUM (₹1,394 Cr).
Point 2	Established history (18+ yrs).	Established history (16+ yrs).	Established history (23+ yrs).	Oldest track record among peers (27 yrs).	Established history (15+ yrs).
Point 3	Rating: 1★ (bottom quartile).	Rating: 1★ (bottom quartile).	Top rated.	Rating: 3★ (upper mid).	Rating: 3★ (lower mid).
Point 4	Risk profile: Moderate.	Risk profile: Moderately Low.	Risk profile: Moderately Low.	Risk profile: Low.	Risk profile: Moderate.
Point 5	1Y return: 13.69% (top quartile).	1Y return: 6.39% (upper mid).	1Y return: 6.07% (lower mid).	1Y return: 6.05% (bottom quartile).	1Y return: 5.96% (bottom quartile).
Point 6	1M return: 0.59% (top quartile).	1M return: 0.52% (upper mid).	1M return: 0.33% (bottom quartile).	1M return: 0.36% (lower mid).	1M return: 0.29% (bottom quartile).
Point 7	Sharpe: 2.57 (top quartile).	Sharpe: -0.57 (bottom quartile).	Sharpe: 0.96 (upper mid).	Sharpe: 0.94 (lower mid).	Sharpe: 0.85 (bottom quartile).
Point 8	Information ratio: 0.00 (top quartile).	Information ratio: 0.00 (upper mid).	Information ratio: 0.00 (lower mid).	Information ratio: 0.00 (bottom quartile).	Information ratio: 0.00 (bottom quartile).
Point 9	Yield to maturity (debt): 0.00% (bottom quartile).	Yield to maturity (debt): 6.83% (lower mid).	Yield to maturity (debt): 7.61% (top quartile).	Yield to maturity (debt): 7.03% (upper mid).	Yield to maturity (debt): 0.00% (bottom quartile).
Point 10	Modified duration: 0.00 yrs (top quartile).	Modified duration: 0.19 yrs (lower mid).	Modified duration: 0.52 yrs (bottom quartile).	Modified duration: 0.29 yrs (bottom quartile).	Modified duration: 0.00 yrs (upper mid).

Franklin India Ultra Short Bond Fund - Super Institutional Plan

Bottom quartile AUM (₹297 Cr).
Established history (18+ yrs).
Rating: 1★ (bottom quartile).
Risk profile: Moderate.
1Y return: 13.69% (top quartile).
1M return: 0.59% (top quartile).
Sharpe: 2.57 (top quartile).
Information ratio: 0.00 (top quartile).
Yield to maturity (debt): 0.00% (bottom quartile).
Modified duration: 0.00 yrs (top quartile).

IDBI Ultra Short Term Fund

Bottom quartile AUM (₹146 Cr).
Established history (16+ yrs).
Rating: 1★ (bottom quartile).
Risk profile: Moderately Low.
1Y return: 6.39% (upper mid).
1M return: 0.52% (upper mid).
Sharpe: -0.57 (bottom quartile).
Information ratio: 0.00 (upper mid).
Yield to maturity (debt): 6.83% (lower mid).
Modified duration: 0.19 yrs (lower mid).

Aditya Birla Sun Life Savings Fund

Highest AUM (₹16,279 Cr).
Established history (23+ yrs).
Top rated.
Risk profile: Moderately Low.
1Y return: 6.07% (lower mid).
1M return: 0.33% (bottom quartile).
Sharpe: 0.96 (upper mid).
Information ratio: 0.00 (lower mid).
Yield to maturity (debt): 7.61% (top quartile).
Modified duration: 0.52 yrs (bottom quartile).

SBI Magnum Ultra Short Duration Fund

Upper mid AUM (₹11,237 Cr).
Oldest track record among peers (27 yrs).
Rating: 3★ (upper mid).
Risk profile: Low.
1Y return: 6.05% (bottom quartile).
1M return: 0.36% (lower mid).
Sharpe: 0.94 (lower mid).
Information ratio: 0.00 (bottom quartile).
Yield to maturity (debt): 7.03% (upper mid).
Modified duration: 0.29 yrs (bottom quartile).

Invesco India Ultra Short Term Fund

Lower mid AUM (₹1,394 Cr).
Established history (15+ yrs).
Rating: 3★ (lower mid).
Risk profile: Moderate.
1Y return: 5.96% (bottom quartile).
1M return: 0.29% (bottom quartile).
Sharpe: 0.85 (bottom quartile).
Information ratio: 0.00 (bottom quartile).
Yield to maturity (debt): 0.00% (bottom quartile).
Modified duration: 0.00 yrs (upper mid).

Money Market Funds

The money market fund invests in many markets such as commercial/treasury bills, commercial papers, certificate of deposit and other instruments specified by the Reserve Bank of India (RBI). These investments are a good option for risk-averse investors who want to earn good returns in short duration. This debt scheme will invest in money market instruments having a maturity up to one year. The performance of Money market funds is closely tied to the interest rates set by the Reserve Bank of India, the Central Bank of India. So, when RBI raises rates in the market, yields increase, and money market funds are able to give good returns.

Fund	NAV	Net Assets (Cr)	3 MO (%)	6 MO (%)	1 YR (%)	3 YR (%)	2025 (%)	Debt Yield (YTM)	Mod. Duration	Eff. Maturity
Franklin India Savings Fund Growth	₹54.4857 ↑ 0.00	₹3,887	1.5	3.2	6.3	7.2	7.4	6.95%	3M 4D	4M 10D
Aditya Birla Sun Life Money Manager Fund Growth	₹401.708 ↑ 0.01	₹26,943	1.5	3.2	6.2	7.2	7.4	7.07%	4M 17D	4M 17D
UTI Money Market Fund Growth	₹3,349.18 ↑ 0.01	₹16,039	1.5	3.2	6.2	7.2	7.5	6.98%	4M 16D	4M 16D
ICICI Prudential Money Market Fund Growth	₹411.894 ↑ 0.02	₹31,010	1.5	3.1	6.2	7.2	7.4	6.93%	4M 1D	4M 10D
Kotak Money Market Scheme Growth	₹4,873.23 ↓ -0.12	₹27,513	1.4	3.1	6.2	7.2	7.4	6.85%	5M 5D	5M 5D
Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 28 Oct 26

Research Highlights & Commentary of 5 Funds showcased

Commentary	Franklin India Savings Fund	Aditya Birla Sun Life Money Manager Fund	UTI Money Market Fund	ICICI Prudential Money Market Fund	Kotak Money Market Scheme
Point 1	Bottom quartile AUM (₹3,887 Cr).	Lower mid AUM (₹26,943 Cr).	Bottom quartile AUM (₹16,039 Cr).	Highest AUM (₹31,010 Cr).	Upper mid AUM (₹27,513 Cr).
Point 2	Oldest track record among peers (24 yrs).	Established history (21+ yrs).	Established history (17+ yrs).	Established history (20+ yrs).	Established history (23+ yrs).
Point 3	Rating: 3★ (bottom quartile).	Top rated.	Rating: 4★ (upper mid).	Rating: 4★ (lower mid).	Rating: 4★ (bottom quartile).
Point 4	Risk profile: Moderately Low.	Risk profile: Low.	Risk profile: Low.	Risk profile: Low.	Risk profile: Low.
Point 5	1Y return: 6.26% (top quartile).	1Y return: 6.19% (lower mid).	1Y return: 6.22% (upper mid).	1Y return: 6.18% (bottom quartile).	1Y return: 6.16% (bottom quartile).
Point 6	1M return: 0.38% (top quartile).	1M return: 0.32% (bottom quartile).	1M return: 0.32% (lower mid).	1M return: 0.33% (upper mid).	1M return: 0.32% (bottom quartile).
Point 7	Sharpe: 1.01 (top quartile).	Sharpe: 0.88 (bottom quartile).	Sharpe: 1.00 (upper mid).	Sharpe: 0.91 (bottom quartile).	Sharpe: 0.93 (lower mid).
Point 8	Information ratio: 0.00 (top quartile).	Information ratio: 0.00 (upper mid).	Information ratio: 0.00 (lower mid).	Information ratio: 0.00 (bottom quartile).	Information ratio: 0.00 (bottom quartile).
Point 9	Yield to maturity (debt): 6.95% (lower mid).	Yield to maturity (debt): 7.07% (top quartile).	Yield to maturity (debt): 6.98% (upper mid).	Yield to maturity (debt): 6.93% (bottom quartile).	Yield to maturity (debt): 6.85% (bottom quartile).
Point 10	Modified duration: 0.26 yrs (top quartile).	Modified duration: 0.38 yrs (bottom quartile).	Modified duration: 0.38 yrs (lower mid).	Modified duration: 0.34 yrs (upper mid).	Modified duration: 0.43 yrs (bottom quartile).

Franklin India Savings Fund

Bottom quartile AUM (₹3,887 Cr).
Oldest track record among peers (24 yrs).
Rating: 3★ (bottom quartile).
Risk profile: Moderately Low.
1Y return: 6.26% (top quartile).
1M return: 0.38% (top quartile).
Sharpe: 1.01 (top quartile).
Information ratio: 0.00 (top quartile).
Yield to maturity (debt): 6.95% (lower mid).
Modified duration: 0.26 yrs (top quartile).

Aditya Birla Sun Life Money Manager Fund

Lower mid AUM (₹26,943 Cr).
Established history (21+ yrs).
Top rated.
Risk profile: Low.
1Y return: 6.19% (lower mid).
1M return: 0.32% (bottom quartile).
Sharpe: 0.88 (bottom quartile).
Information ratio: 0.00 (upper mid).
Yield to maturity (debt): 7.07% (top quartile).
Modified duration: 0.38 yrs (bottom quartile).

UTI Money Market Fund

Bottom quartile AUM (₹16,039 Cr).
Established history (17+ yrs).
Rating: 4★ (upper mid).
Risk profile: Low.
1Y return: 6.22% (upper mid).
1M return: 0.32% (lower mid).
Sharpe: 1.00 (upper mid).
Information ratio: 0.00 (lower mid).
Yield to maturity (debt): 6.98% (upper mid).
Modified duration: 0.38 yrs (lower mid).

ICICI Prudential Money Market Fund

Highest AUM (₹31,010 Cr).
Established history (20+ yrs).
Rating: 4★ (lower mid).
Risk profile: Low.
1Y return: 6.18% (bottom quartile).
1M return: 0.33% (upper mid).
Sharpe: 0.91 (bottom quartile).
Information ratio: 0.00 (bottom quartile).
Yield to maturity (debt): 6.93% (bottom quartile).
Modified duration: 0.34 yrs (upper mid).

Kotak Money Market Scheme

Upper mid AUM (₹27,513 Cr).
Established history (23+ yrs).
Rating: 4★ (bottom quartile).
Risk profile: Low.
1Y return: 6.16% (bottom quartile).
1M return: 0.32% (bottom quartile).
Sharpe: 0.93 (lower mid).
Information ratio: 0.00 (bottom quartile).
Yield to maturity (debt): 6.85% (bottom quartile).
Modified duration: 0.43 yrs (bottom quartile).

*Above is list of best low-risk funds are having AUM/Net Assets above 100 Crore. Sorted on Last 6 Months Return.

1. Franklin India Ultra Short Bond Fund - Super Institutional Plan

To provide a combination of regular income and high liquidity by investing primarily in a mix of short term debt and money market instruments.

Research Highlights for Franklin India Ultra Short Bond Fund - Super Institutional Plan

Bottom quartile AUM (₹297 Cr).
Established history (18+ yrs).
Rating: 1★ (bottom quartile).
Risk profile: Moderate.
1Y return: 13.69% (top quartile).
1M return: 0.59% (top quartile).
Sharpe: 2.57 (top quartile).
Information ratio: 0.00 (top quartile).
Yield to maturity (debt): 0.00% (bottom quartile).
Modified duration: 0.00 yrs (top quartile).
Average maturity: 1.04 yrs (bottom quartile).
Exit load: NIL.

Below is the key information for Franklin India Ultra Short Bond Fund - Super Institutional Plan

Franklin India Ultra Short Bond Fund - Super Institutional Plan Growth
Launch Date	18 Dec 07
NAV (07 Aug 22)	₹34.9131 ↑ 0.04 (0.11 %)
Net Assets (Cr)	₹297 on 31 Jul 22
Category	Debt - Ultrashort Bond
AMC	Franklin Templeton Asst Mgmt(IND)Pvt Ltd
Rating	☆
Risk	Moderate
Expense Ratio	0.52
Sharpe Ratio	2.57
Information Ratio	0
Alpha Ratio	0
Min Investment	10,000
Min SIP Investment	500
Exit Load	NIL
Yield to Maturity	0%
Effective Maturity	1 Year 15 Days
Modified Duration

Growth of 10,000 investment over the years.

Date	Value

Franklin India Ultra Short Bond Fund - Super Institutional Plan SIP Returns

Total investment amount is ₹180,000
expected amount after 3 Years is ₹206,148.
Net Profit of ₹26,148 Invest Now

Purchase not allowed

Returns for Franklin India Ultra Short Bond Fund - Super Institutional Plan

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 7 Aug 22

Duration	Returns
1 Month	0.6%
3 Month	1.3%
6 Month	5.9%
1 Year	13.7%
3 Year	8.8%
5 Year	8.7%
10 Year
15 Year
Since launch	8.9%

Historical performance (Yearly) on absolute basis

Year	Returns
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

Fund Manager information for Franklin India Ultra Short Bond Fund - Super Institutional Plan

Name	Since	Tenure

Data below for Franklin India Ultra Short Bond Fund - Super Institutional Plan as on 31 Jul 22

Asset Allocation

Asset Class	Value

Debt Sector Allocation

Sector	Value

Credit Quality

Rating	Value

Top Securities Holdings / Portfolio

Name	Holding	Value	Quantity

2. IDBI Liquid Fund

The investment objective of the Scheme will be to provide investors with high level of liquidity along with regular income for their investment. The Scheme will endeavour to achieve this objective through an allocation of the investment corpus in a low risk portfolio of money market and debt instruments with maturity of up to 91 days. However, there can be no assurance that the investment objective of the Scheme will be realized.

Research Highlights for IDBI Liquid Fund

Lower mid AUM (₹503 Cr).
Established history (16+ yrs).
Rating: 3★ (upper mid).
Risk profile: Low.
1Y return: 6.55% (upper mid).
1M return: 0.53% (upper mid).
Sharpe: 0.20 (bottom quartile).
Information ratio: -5.96 (bottom quartile).
Yield to maturity (debt): 6.66% (bottom quartile).
Modified duration: 0.10 yrs (upper mid).
Average maturity: 0.11 yrs (top quartile).
Exit load: NIL.

Below is the key information for IDBI Liquid Fund

IDBI Liquid Fund Growth
Launch Date	9 Jul 10
NAV (28 Jul 23)	₹2,454.04 ↑ 0.35 (0.01 %)
Net Assets (Cr)	₹503 on 30 Jun 23
Category	Debt - Liquid Fund
AMC	IDBI Asset Management Limited
Rating	☆☆☆
Risk	Low
Expense Ratio	0.17
Sharpe Ratio	0.2
Information Ratio	-5.96
Alpha Ratio	-0.21
Min Investment	5,000
Min SIP Investment	500
Exit Load	NIL
Yield to Maturity	6.66%
Effective Maturity	1 Month 10 Days
Modified Duration	1 Month 7 Days

Growth of 10,000 investment over the years.

Date	Value

IDBI Liquid Fund SIP Returns

Total investment amount is ₹180,000
expected amount after 3 Years is ₹197,169.
Net Profit of ₹17,169 Invest Now

Returns for IDBI Liquid Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 7 Aug 22

Duration	Returns
1 Month	0.5%
3 Month	1.7%
6 Month	3.4%
1 Year	6.6%
3 Year	4.5%
5 Year	5.3%
10 Year
15 Year
Since launch	7.1%

Historical performance (Yearly) on absolute basis

Year	Returns
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

Fund Manager information for IDBI Liquid Fund

Name	Since	Tenure

Data below for IDBI Liquid Fund as on 30 Jun 23

Asset Allocation

Asset Class	Value

Debt Sector Allocation

Sector	Value

Credit Quality

Rating	Value

Top Securities Holdings / Portfolio

Name	Holding	Value	Quantity

3. IDBI Ultra Short Term Fund

The objective of the Scheme will be to provide investors with regular income for their investment by investing in debt and money market instruments with relatively lower interest rate risk, such that the Macaulay duration of the portfolio is maintained between 3 months to 6 months. However, there can be no assurance that the investment objective of the Scheme will be realized.

Research Highlights for IDBI Ultra Short Term Fund

Bottom quartile AUM (₹146 Cr).
Established history (16+ yrs).
Rating: 1★ (bottom quartile).
Risk profile: Moderately Low.
1Y return: 6.39% (lower mid).
1M return: 0.52% (lower mid).
Sharpe: -0.57 (bottom quartile).
Information ratio: 0.00 (upper mid).
Yield to maturity (debt): 6.83% (lower mid).
Modified duration: 0.19 yrs (lower mid).
Average maturity: 0.23 yrs (upper mid).
Exit load: NIL.

Below is the key information for IDBI Ultra Short Term Fund

IDBI Ultra Short Term Fund Growth
Launch Date	3 Sep 10
NAV (28 Jul 23)	₹2,424.68 ↑ 0.44 (0.02 %)
Net Assets (Cr)	₹146 on 30 Jun 23
Category	Debt - Ultrashort Bond
AMC	IDBI Asset Management Limited
Rating	☆
Risk	Moderately Low
Expense Ratio	0.6
Sharpe Ratio	-0.57
Information Ratio	0
Alpha Ratio	0
Min Investment	5,000
Min SIP Investment	500
Exit Load	NIL
Yield to Maturity	6.83%
Effective Maturity	2 Months 23 Days
Modified Duration	2 Months 10 Days

Growth of 10,000 investment over the years.

Date	Value

IDBI Ultra Short Term Fund SIP Returns

Total investment amount is ₹180,000
expected amount after 3 Years is ₹197,169.
Net Profit of ₹17,169 Invest Now

Returns for IDBI Ultra 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 7 Aug 22

Duration	Returns
1 Month	0.5%
3 Month	1.6%
6 Month	3.4%
1 Year	6.4%
3 Year	4.8%
5 Year	5.5%
10 Year
15 Year
Since launch	7.1%

Historical performance (Yearly) on absolute basis

Year	Returns
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

Fund Manager information for IDBI Ultra Short Term Fund

Name	Since	Tenure

Data below for IDBI Ultra Short Term Fund as on 30 Jun 23

Asset Allocation

Asset Class	Value

Debt Sector Allocation

Sector	Value

Credit Quality

Rating	Value

Top Securities Holdings / Portfolio

Name	Holding	Value	Quantity

4. Franklin India Savings Fund

(Erstwhile Franklin India Savings Plus Fund Retail Option)

Aims to provide income consistent with the prudent risk from a portfolio comprising substantially of floating rate debt instruments, fixed rate debt instruments swapped for floating rate returns, and also fixed rate instruments and money market instruments.

Research Highlights for Franklin India Savings Fund

Upper mid AUM (₹3,887 Cr).
Oldest track record among peers (24 yrs).
Rating: 3★ (lower mid).
Risk profile: Moderately Low.
1Y return: 6.26% (bottom quartile).
1M return: 0.38% (bottom quartile).
Sharpe: 1.01 (upper mid).
Information ratio: 0.00 (lower mid).
Yield to maturity (debt): 6.95% (upper mid).
Modified duration: 0.26 yrs (bottom quartile).
Average maturity: 0.36 yrs (lower mid).
Exit load: NIL.
Top sector: Financial Services.
Higher exposure to Cash Equivalent (bond sector) vs peer median.
Conservative stance with elevated cash (~92%).
High-quality debt (AAA/AA ~100%).
Largest holding Call, Cash & Other Assets (~15.4%).

Below is the key information for Franklin India Savings Fund

Franklin India Savings Fund Growth
Launch Date	11 Feb 02
NAV (28 Oct 26)	₹54.4857 ↑ 0.00 (0.00 %)
Net Assets (Cr)	₹3,887 on 30 Sep 26
Category	Debt - Money Market
AMC	Franklin Templeton Asst Mgmt(IND)Pvt Ltd
Rating	☆☆☆
Risk	Moderately Low
Expense Ratio	0.3
Sharpe Ratio	1.01
Information Ratio	0
Alpha Ratio	0
Min Investment	10,000
Min SIP Investment	500
Exit Load	NIL
Yield to Maturity	6.95%
Effective Maturity	4 Months 10 Days
Modified Duration	3 Months 4 Days

Growth of 10,000 investment over the years.

Date	Value
30 Sep 21	₹10,000
30 Sep 22	₹10,369
30 Sep 23	₹11,106
30 Sep 24	₹11,948
30 Sep 25	₹12,874
30 Sep 26	₹13,696

Franklin India Savings Fund SIP Returns

Total investment amount is ₹180,000
expected amount after 3 Years is ₹200,132.
Net Profit of ₹20,132 Invest Now

Returns for Franklin India Savings Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 7 Aug 22

Duration	Returns
1 Month	0.4%
3 Month	1.5%
6 Month	3.2%
1 Year	6.3%
3 Year	7.2%
5 Year	6.5%
10 Year
15 Year
Since launch	7.1%

Historical performance (Yearly) on absolute basis

Year	Returns
2025	7.4%
2024	7.7%
2023	7.3%
2022	4.4%
2021	3.6%
2020	6%
2019	8.5%
2018	7.5%
2017	7.2%
2016	8.1%

Fund Manager information for Franklin India Savings Fund

Name	Since	Tenure
Rahul Goswami	6 Oct 23	2.99 Yr.
Rohan Maru	10 Oct 24	1.97 Yr.
Chandni Gupta	30 Apr 24	2.42 Yr.

Data below for Franklin India Savings Fund as on 30 Sep 26

Asset Allocation

Asset Class	Value
Cash	92.31%
Debt	7.42%
Other	0.27%

Debt Sector Allocation

Sector	Value
Cash Equivalent	54.83%
Corporate	26.17%
Government	18.74%

Credit Quality

Rating	Value
AAA	100%

Top Securities Holdings / Portfolio

Name	Holding	Value	Quantity
7.67% Uttarpradesh Sdl 2027 Sovereign Bonds \| -	5%	₹196 Cr	19,500,000
Canara Bank Domestic Bonds \| -	2%	₹98 Cr	2,000
Corporate Debt Market Development Fund Class A2 - \| -	0%	₹11 Cr	9,359
7.78% Telangana Sdl 2027 Sovereign Bonds \| -	0%	₹10 Cr	1,000,000
6.88% Westbengal Sdl 2026 Sovereign Bonds \| -	0%	₹5 Cr	500,000
7.14% Punjab SDL 2027 Sovereign Bonds \| -	0%	₹5 Cr	500,000
7.88% Punjab SDL 2027 Sovereign Bonds \| -	0%	₹5 Cr	500,000
Call, Cash & Other Assets Net Current Assets \| -	15%	₹653 Cr
Bajaj Housing Finance Limited Commercial Paper \| -	7%	₹293 Cr	6,000
Piramal Finance Limited Commercial Paper \| -	6%	₹264 Cr	5,300

5. Aditya Birla Sun Life Money Manager Fund

(Erstwhile Aditya Birla Sun Life Floating Rate Fund - Short Term)

The primary objective of the schemes is to generate regular income through investment in a portfolio comprising substantially of floating rate debt / money market instruments. The schemes may invest a portion of its net assets in fixed rate debt securities and money market instruments.

Research Highlights for Aditya Birla Sun Life Money Manager Fund

Highest AUM (₹26,943 Cr).
Established history (21+ yrs).
Top rated.
Risk profile: Low.
1Y return: 6.19% (bottom quartile).
1M return: 0.32% (bottom quartile).
Sharpe: 0.88 (lower mid).
Information ratio: 0.00 (bottom quartile).
Yield to maturity (debt): 7.07% (top quartile).
Modified duration: 0.38 yrs (bottom quartile).
Average maturity: 0.38 yrs (bottom quartile).
Exit load: NIL.
Top sector: Financial Services.
Higher exposure to Corporate (bond sector) vs peer median.
Conservative stance with elevated cash (~73%).
High-quality debt (AAA/AA ~100%).
Largest holding Indusind Bank Ltd. (~5.1%).

Below is the key information for Aditya Birla Sun Life Money Manager Fund

Aditya Birla Sun Life Money Manager Fund Growth
Launch Date	13 Oct 05
NAV (28 Oct 26)	₹401.708 ↑ 0.01 (0.00 %)
Net Assets (Cr)	₹26,943 on 30 Sep 26
Category	Debt - Money Market
AMC	Birla Sun Life Asset Management Co Ltd
Rating	☆☆☆☆☆
Risk	Low
Expense Ratio	0.36
Sharpe Ratio	0.88
Information Ratio	0
Alpha Ratio	0
Min Investment	1,000
Min SIP Investment	1,000
Exit Load	NIL
Yield to Maturity	7.07%
Effective Maturity	4 Months 17 Days
Modified Duration	4 Months 17 Days

Growth of 10,000 investment over the years.

Date	Value
30 Sep 21	₹10,000
30 Sep 22	₹10,406
30 Sep 23	₹11,170
30 Sep 24	₹12,033
30 Sep 25	₹12,961
30 Sep 26	₹13,790

Aditya Birla Sun Life Money Manager Fund SIP 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 Money Manager Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 7 Aug 22

Duration	Returns
1 Month	0.3%
3 Month	1.5%
6 Month	3.2%
1 Year	6.2%
3 Year	7.2%
5 Year	6.6%
10 Year
15 Year
Since launch	6.8%

Historical performance (Yearly) on absolute basis

Year	Returns
2025	7.4%
2024	7.8%
2023	7.4%
2022	4.8%
2021	3.8%
2020	6.6%
2019	8%
2018	7.9%
2017	6.8%
2016	7.7%

Fund Manager information for Aditya Birla Sun Life Money Manager Fund

Name	Since	Tenure
Kaustubh Gupta	15 Jul 11	15.22 Yr.
Anuj Jain	22 Mar 21	5.53 Yr.
Mohit Sharma	1 Apr 17	9.51 Yr.

Data below for Aditya Birla Sun Life Money Manager Fund as on 30 Sep 26

Asset Allocation

Asset Class	Value
Cash	73.31%
Debt	26.69%

Debt Sector Allocation

Sector	Value
Corporate	46.81%
Cash Equivalent	37.26%
Government	15.94%

Credit Quality

Rating	Value
AAA	100%

Top Securities Holdings / Portfolio

Name	Holding	Value	Quantity
Indusind Bank Ltd. Debentures \| -	5%	₹1,396 Cr	28,500
The Jammu And Kashmir Bank Limited Debentures \| -	4%	₹974 Cr	20,000
Federal Bank Ltd. Debentures \| -	3%	₹927 Cr	19,000
Gujarat State Development Loans Sovereign Bonds \| -	3%	₹794 Cr	79,327,600
Karur Vysya Bank Ltd. Debentures \| -	2%	₹487 Cr	10,000
The Jammu And Kashmir Bank Limited Debentures \| -	2%	₹487 Cr	10,000
India (Republic of) - \| -	1%	₹370 Cr	37,000,000
India (Republic of) - \| -	1%	₹348 Cr	35,000,000
India (Republic of) - \| -	1%	₹274 Cr	27,500,000
Tbill Sovereign Bonds \| -	1%	₹249 Cr	25,000,000

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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.