Top 4 Mutual Funds for Low Risk Investors

Updated on January 26, 2026 , 3592 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 (%)	2024 (%)	Debt Yield (YTM)	Mod. Duration	Eff. Maturity
UTI Overnight Fund Growth	₹3,615.32 ↑ 0.50	₹3,760	1.3	2.7	5.7	6.3	5.8	5.32%	1D	1D
SBI Overnight Fund Growth	₹4,285.13 ↑ 0.59	₹23,324	1.3	2.7	5.6	6.3	5.7	5.43%	1D	1D
HDFC Overnight Fund Growth	₹3,919.16 ↑ 0.54	₹10,963	1.3	2.6	5.6	6.2	5.7	5.43%	2D	2D
Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 28 Jan 26

Research Highlights & Commentary of 3 Funds showcased

Commentary	UTI Overnight Fund	SBI Overnight Fund	HDFC Overnight Fund
Point 1	Bottom quartile AUM (₹3,760 Cr).	Highest AUM (₹23,324 Cr).	Lower mid AUM (₹10,963 Cr).
Point 2	Established history (22+ yrs).	Oldest track record among peers (23 yrs).	Established history (23+ 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: 5.67% (upper mid).	1Y return: 5.62% (lower mid).	1Y return: 5.57% (bottom quartile).
Point 6	1M return: 0.44% (upper mid).	1M return: 0.44% (lower mid).	1M return: 0.44% (bottom quartile).
Point 7	Sharpe: -18.26 (upper mid).	Sharpe: -20.65 (lower mid).	Sharpe: -23.79 (bottom quartile).
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): 5.32% (bottom quartile).	Yield to maturity (debt): 5.43% (upper mid).	Yield to maturity (debt): 5.43% (lower mid).
Point 10	Modified duration: 0.00 yrs (upper mid).	Modified duration: 0.00 yrs (lower mid).	Modified duration: 0.01 yrs (bottom quartile).

UTI Overnight Fund

Bottom quartile AUM (₹3,760 Cr).
Established history (22+ yrs).
Top rated.
Risk profile: Moderately Low.
1Y return: 5.67% (upper mid).
1M return: 0.44% (upper mid).
Sharpe: -18.26 (upper mid).
Information ratio: 0.00 (upper mid).
Yield to maturity (debt): 5.32% (bottom quartile).
Modified duration: 0.00 yrs (upper mid).

SBI Overnight Fund

Highest AUM (₹23,324 Cr).
Oldest track record among peers (23 yrs).
Rating: 2★ (lower mid).
Risk profile: Low.
1Y return: 5.62% (lower mid).
1M return: 0.44% (lower mid).
Sharpe: -20.65 (lower mid).
Information ratio: 0.00 (lower mid).
Yield to maturity (debt): 5.43% (upper mid).
Modified duration: 0.00 yrs (lower mid).

HDFC Overnight Fund

Lower mid AUM (₹10,963 Cr).
Established history (23+ yrs).
Rating: 1★ (bottom quartile).
Risk profile: Low.
1Y return: 5.57% (bottom quartile).
1M return: 0.44% (bottom quartile).
Sharpe: -23.79 (bottom quartile).
Information ratio: 0.00 (bottom quartile).
Yield to maturity (debt): 5.43% (lower mid).
Modified duration: 0.01 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 (%)	2024 (%)	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	₹3,108.23 ↑ 0.49	₹1,107	0.5	1.4	2.9	6.4	6.6	5.94%	2M 1D	1M 20D
Edelweiss Liquid Fund Growth	₹3,450.7 ↑ 0.51	₹10,414	0.5	1.4	2.9	6.4	6.5	6.03%	2M 1D	2M 1D
Axis Liquid Fund Growth	₹3,004.5 ↑ 0.44	₹35,653	0.5	1.4	2.9	6.4	6.6	6.06%	1M 28D	2M 2D
UTI Liquid Cash Plan Growth	₹4,426.38 ↑ 0.63	₹23,480	0.5	1.4	2.9	6.4	6.5	6.04%	1M 26D	1M 26D
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	Edelweiss Liquid Fund	Axis Liquid Fund	UTI Liquid Cash Plan
Point 1	Bottom quartile AUM (₹503 Cr).	Bottom quartile AUM (₹1,107 Cr).	Lower mid AUM (₹10,414 Cr).	Highest AUM (₹35,653 Cr).	Upper mid AUM (₹23,480 Cr).
Point 2	Established history (15+ yrs).	Established history (17+ yrs).	Established history (18+ yrs).	Established history (16+ yrs).	Oldest track record among peers (22 yrs).
Point 3	Rating: 3★ (upper mid).	Rating: 3★ (lower mid).	Rating: 2★ (bottom quartile).	Top rated.	Rating: 3★ (bottom quartile).
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: 6.43% (upper mid).	1Y return: 6.39% (bottom quartile).	1Y return: 6.41% (lower mid).	1Y return: 6.39% (bottom quartile).
Point 6	1M return: 0.53% (top quartile).	1M return: 0.48% (upper mid).	1M return: 0.46% (bottom quartile).	1M return: 0.47% (lower mid).	1M return: 0.47% (bottom quartile).
Point 7	Sharpe: 0.20 (bottom quartile).	Sharpe: 4.02 (top quartile).	Sharpe: 3.82 (upper mid).	Sharpe: 3.47 (lower mid).	Sharpe: 3.28 (bottom quartile).
Point 8	Information ratio: -5.96 (bottom quartile).	Information ratio: 1.26 (top quartile).	Information ratio: 0.00 (upper mid).	Information ratio: 0.00 (lower mid).	Information ratio: 0.00 (bottom quartile).
Point 9	Yield to maturity (debt): 6.66% (top quartile).	Yield to maturity (debt): 5.94% (bottom quartile).	Yield to maturity (debt): 6.03% (bottom quartile).	Yield to maturity (debt): 6.06% (upper mid).	Yield to maturity (debt): 6.04% (lower mid).
Point 10	Modified duration: 0.10 yrs (top quartile).	Modified duration: 0.17 yrs (bottom quartile).	Modified duration: 0.17 yrs (bottom quartile).	Modified duration: 0.16 yrs (lower mid).	Modified duration: 0.16 yrs (upper mid).

IDBI Liquid Fund

Bottom quartile AUM (₹503 Cr).
Established history (15+ yrs).
Rating: 3★ (upper mid).
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

Bottom quartile AUM (₹1,107 Cr).
Established history (17+ yrs).
Rating: 3★ (lower mid).
Risk profile: Low.
1Y return: 6.43% (upper mid).
1M return: 0.48% (upper mid).
Sharpe: 4.02 (top quartile).
Information ratio: 1.26 (top quartile).
Yield to maturity (debt): 5.94% (bottom quartile).
Modified duration: 0.17 yrs (bottom quartile).

Edelweiss Liquid Fund

Lower mid AUM (₹10,414 Cr).
Established history (18+ yrs).
Rating: 2★ (bottom quartile).
Risk profile: Low.
1Y return: 6.39% (bottom quartile).
1M return: 0.46% (bottom quartile).
Sharpe: 3.82 (upper mid).
Information ratio: 0.00 (upper mid).
Yield to maturity (debt): 6.03% (bottom quartile).
Modified duration: 0.17 yrs (bottom quartile).

Axis Liquid Fund

Highest AUM (₹35,653 Cr).
Established history (16+ yrs).
Top rated.
Risk profile: Low.
1Y return: 6.41% (lower mid).
1M return: 0.47% (lower mid).
Sharpe: 3.47 (lower mid).
Information ratio: 0.00 (lower mid).
Yield to maturity (debt): 6.06% (upper mid).
Modified duration: 0.16 yrs (lower mid).

UTI Liquid Cash Plan

Upper mid AUM (₹23,480 Cr).
Oldest track record among peers (22 yrs).
Rating: 3★ (bottom quartile).
Risk profile: Low.
1Y return: 6.39% (bottom quartile).
1M return: 0.47% (bottom quartile).
Sharpe: 3.28 (bottom quartile).
Information ratio: 0.00 (bottom quartile).
Yield to maturity (debt): 6.04% (lower mid).
Modified duration: 0.16 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 (%)	2024 (%)	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	₹567.457 ↓ -0.14	₹23,615	1.2	2.8	7.1	7.4	7.4	6.81%	5M 19D	6M 11D
SBI Magnum Ultra Short Duration Fund Growth	₹6,175.69 ↓ -0.71	₹14,639	1.3	2.8	6.7	7.1	7	6.49%	5M 5D	5M 23D
ICICI Prudential Ultra Short Term Fund Growth	₹28.6392 ↓ -0.01	₹16,907	1.2	2.8	6.8	7.1	7.1	6.82%	5M 19D	7M 10D
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	ICICI Prudential Ultra Short Term Fund
Point 1	Bottom quartile AUM (₹297 Cr).	Bottom quartile AUM (₹146 Cr).	Highest AUM (₹23,615 Cr).	Lower mid AUM (₹14,639 Cr).	Upper mid AUM (₹16,907 Cr).
Point 2	Established history (18+ yrs).	Established history (15+ yrs).	Established history (22+ yrs).	Oldest track record among peers (26 yrs).	Established history (14+ 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% (bottom quartile).	1Y return: 7.08% (upper mid).	1Y return: 6.74% (bottom quartile).	1Y return: 6.81% (lower mid).
Point 6	1M return: 0.59% (top quartile).	1M return: 0.52% (upper mid).	1M return: 0.30% (bottom quartile).	1M return: 0.36% (lower mid).	1M return: 0.32% (bottom quartile).
Point 7	Sharpe: 2.57 (bottom quartile).	Sharpe: -0.57 (bottom quartile).	Sharpe: 3.14 (top quartile).	Sharpe: 2.90 (lower mid).	Sharpe: 2.94 (upper 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): 0.00% (bottom quartile).	Yield to maturity (debt): 6.83% (top quartile).	Yield to maturity (debt): 6.81% (lower mid).	Yield to maturity (debt): 6.49% (bottom quartile).	Yield to maturity (debt): 6.82% (upper mid).
Point 10	Modified duration: 0.00 yrs (top quartile).	Modified duration: 0.19 yrs (upper mid).	Modified duration: 0.47 yrs (bottom quartile).	Modified duration: 0.43 yrs (lower mid).	Modified duration: 0.47 yrs (bottom quartile).

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 (bottom 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 (15+ yrs).
Rating: 1★ (bottom quartile).
Risk profile: Moderately Low.
1Y return: 6.39% (bottom quartile).
1M return: 0.52% (upper mid).
Sharpe: -0.57 (bottom quartile).
Information ratio: 0.00 (upper mid).
Yield to maturity (debt): 6.83% (top quartile).
Modified duration: 0.19 yrs (upper mid).

Aditya Birla Sun Life Savings Fund

Highest AUM (₹23,615 Cr).
Established history (22+ yrs).
Top rated.
Risk profile: Moderately Low.
1Y return: 7.08% (upper mid).
1M return: 0.30% (bottom quartile).
Sharpe: 3.14 (top quartile).
Information ratio: 0.00 (lower mid).
Yield to maturity (debt): 6.81% (lower mid).
Modified duration: 0.47 yrs (bottom quartile).

SBI Magnum Ultra Short Duration Fund

Lower mid AUM (₹14,639 Cr).
Oldest track record among peers (26 yrs).
Rating: 3★ (upper mid).
Risk profile: Low.
1Y return: 6.74% (bottom quartile).
1M return: 0.36% (lower mid).
Sharpe: 2.90 (lower mid).
Information ratio: 0.00 (bottom quartile).
Yield to maturity (debt): 6.49% (bottom quartile).
Modified duration: 0.43 yrs (lower mid).

ICICI Prudential Ultra Short Term Fund

Upper mid AUM (₹16,907 Cr).
Established history (14+ yrs).
Rating: 3★ (lower mid).
Risk profile: Moderate.
1Y return: 6.81% (lower mid).
1M return: 0.32% (bottom quartile).
Sharpe: 2.94 (upper mid).
Information ratio: 0.00 (bottom quartile).
Yield to maturity (debt): 6.82% (upper mid).
Modified duration: 0.47 yrs (bottom quartile).

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 (%)	2024 (%)	Debt Yield (YTM)	Mod. Duration	Eff. Maturity
UTI Money Market Fund Growth	₹3,194.13 ↓ -0.62	₹19,301	1.3	2.8	7.2	7.5	7.5	6.33%	4M 6D	4M 6D
Bandhan Money Manager Fund Growth	₹41.7404 ↓ 0.00	₹12,313	1.3	2.8	7.1	7	7.3	6.17%	3M 23D	3M 23D
ICICI Prudential Money Market Fund Growth	₹393.054 ↓ -0.06	₹31,851	1.3	2.8	7.2	7.4	7.4	6.19%	2M 26D	3M 3D
Franklin India Savings Fund Growth	₹51.9603 ↓ -0.01	₹3,830	1.3	2.8	7.2	7.4	7.4	6.21%	3M 4D	3M 11D
Kotak Money Market Scheme Growth	₹4,649.04 ↓ -0.98	₹32,188	1.3	2.7	7.1	7.4	7.4	6.3%	4M 13D	4M 13D
Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 28 Jan 26

Research Highlights & Commentary of 5 Funds showcased

Commentary	UTI Money Market Fund	Bandhan Money Manager Fund	ICICI Prudential Money Market Fund	Franklin India Savings Fund	Kotak Money Market Scheme
Point 1	Lower mid AUM (₹19,301 Cr).	Bottom quartile AUM (₹12,313 Cr).	Upper mid AUM (₹31,851 Cr).	Bottom quartile AUM (₹3,830 Cr).	Highest AUM (₹32,188 Cr).
Point 2	Established history (16+ yrs).	Established history (22+ yrs).	Established history (19+ yrs).	Oldest track record among peers (23 yrs).	Established history (22+ yrs).
Point 3	Top rated.	Rating: 3★ (bottom quartile).	Rating: 4★ (upper mid).	Rating: 3★ (bottom quartile).	Rating: 4★ (lower mid).
Point 4	Risk profile: Low.	Risk profile: Moderately Low.	Risk profile: Low.	Risk profile: Moderately Low.	Risk profile: Low.
Point 5	1Y return: 7.19% (top quartile).	1Y return: 7.11% (bottom quartile).	1Y return: 7.18% (lower mid).	1Y return: 7.19% (upper mid).	1Y return: 7.10% (bottom quartile).
Point 6	1M return: 0.35% (bottom quartile).	1M return: 0.41% (top quartile).	1M return: 0.38% (lower mid).	1M return: 0.40% (upper mid).	1M return: 0.36% (bottom quartile).
Point 7	Sharpe: 3.02 (top quartile).	Sharpe: 2.78 (bottom quartile).	Sharpe: 2.81 (lower mid).	Sharpe: 2.75 (bottom quartile).	Sharpe: 2.84 (upper 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): 6.33% (top quartile).	Yield to maturity (debt): 6.17% (bottom quartile).	Yield to maturity (debt): 6.19% (bottom quartile).	Yield to maturity (debt): 6.21% (lower mid).	Yield to maturity (debt): 6.30% (upper mid).
Point 10	Modified duration: 0.35 yrs (bottom quartile).	Modified duration: 0.32 yrs (lower mid).	Modified duration: 0.24 yrs (top quartile).	Modified duration: 0.26 yrs (upper mid).	Modified duration: 0.37 yrs (bottom quartile).

UTI Money Market Fund

Lower mid AUM (₹19,301 Cr).
Established history (16+ yrs).
Top rated.
Risk profile: Low.
1Y return: 7.19% (top quartile).
1M return: 0.35% (bottom quartile).
Sharpe: 3.02 (top quartile).
Information ratio: 0.00 (top quartile).
Yield to maturity (debt): 6.33% (top quartile).
Modified duration: 0.35 yrs (bottom quartile).

Bandhan Money Manager Fund

Bottom quartile AUM (₹12,313 Cr).
Established history (22+ yrs).
Rating: 3★ (bottom quartile).
Risk profile: Moderately Low.
1Y return: 7.11% (bottom quartile).
1M return: 0.41% (top quartile).
Sharpe: 2.78 (bottom quartile).
Information ratio: 0.00 (upper mid).
Yield to maturity (debt): 6.17% (bottom quartile).
Modified duration: 0.32 yrs (lower mid).

ICICI Prudential Money Market Fund

Upper mid AUM (₹31,851 Cr).
Established history (19+ yrs).
Rating: 4★ (upper mid).
Risk profile: Low.
1Y return: 7.18% (lower mid).
1M return: 0.38% (lower mid).
Sharpe: 2.81 (lower mid).
Information ratio: 0.00 (lower mid).
Yield to maturity (debt): 6.19% (bottom quartile).
Modified duration: 0.24 yrs (top quartile).

Franklin India Savings Fund

Bottom quartile AUM (₹3,830 Cr).
Oldest track record among peers (23 yrs).
Rating: 3★ (bottom quartile).
Risk profile: Moderately Low.
1Y return: 7.19% (upper mid).
1M return: 0.40% (upper mid).
Sharpe: 2.75 (bottom quartile).
Information ratio: 0.00 (bottom quartile).
Yield to maturity (debt): 6.21% (lower mid).
Modified duration: 0.26 yrs (upper mid).

Kotak Money Market Scheme

Highest AUM (₹32,188 Cr).
Established history (22+ yrs).
Rating: 4★ (lower mid).
Risk profile: Low.
1Y return: 7.10% (bottom quartile).
1M return: 0.36% (bottom quartile).
Sharpe: 2.84 (upper mid).
Information ratio: 0.00 (bottom quartile).
Yield to maturity (debt): 6.30% (upper mid).
Modified duration: 0.37 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).
Oldest track record among peers (18 yrs).
Rating: 1★ (bottom quartile).
Risk profile: Moderate.
1Y return: 13.69% (top quartile).
1M return: 0.59% (top quartile).
Sharpe: 2.57 (lower mid).
Information ratio: 0.00 (upper mid).
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
31 Dec 20	₹10,000
31 Dec 21	₹11,185

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
2024
2023
2022
2021
2020
2019
2018
2017
2016
2015

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 (15+ yrs).
Top rated.
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% (upper mid).
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
31 Dec 20	₹10,000
31 Dec 21	₹10,338
31 Dec 22	₹10,844

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
2024
2023
2022
2021
2020
2019
2018
2017
2016
2015

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 (15+ yrs).
Rating: 1★ (bottom quartile).
Risk profile: Moderately Low.
1Y return: 6.39% (bottom quartile).
1M return: 0.52% (lower mid).
Sharpe: -0.57 (bottom quartile).
Information ratio: 0.00 (lower mid).
Yield to maturity (debt): 6.83% (top quartile).
Modified duration: 0.19 yrs (bottom quartile).
Average maturity: 0.23 yrs (bottom quartile).
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
31 Dec 20	₹10,000
31 Dec 21	₹10,395
31 Dec 22	₹10,864

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
2024
2023
2022
2021
2020
2019
2018
2017
2016
2015

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. BOI AXA Liquid Fund

Objective The Scheme seeks to deliver reasonable market related returns with lower risk and higher liquidity through a portfolio of debt and money market instruments. However there can be no assurance that the investment objectives of the Scheme will be realized.

Research Highlights for BOI AXA Liquid Fund

Upper mid AUM (₹1,107 Cr).
Established history (17+ yrs).
Rating: 3★ (upper mid).
Risk profile: Low.
1Y return: 6.43% (lower mid).
1M return: 0.48% (bottom quartile).
Sharpe: 4.02 (top quartile).
Information ratio: 1.26 (top quartile).
Yield to maturity (debt): 5.94% (bottom quartile).
Modified duration: 0.17 yrs (bottom quartile).
Average maturity: 0.14 yrs (upper mid).
Exit load: NIL.
Higher exposure to Corporate (bond sector) vs peer median.
Conservative stance with elevated cash (~100%).
High-quality debt (AAA/AA ~100%).
Largest holding Net Receivables / (Payables) (~16.5%).

Below is the key information for BOI AXA Liquid Fund

BOI AXA Liquid Fund Growth
Launch Date	16 Jul 08
NAV (28 Jan 26)	₹3,108.23 ↑ 0.49 (0.02 %)
Net Assets (Cr)	₹1,107 on 31 Dec 25
Category	Debt - Liquid Fund
AMC	BOI AXA Investment Mngrs Private Ltd
Rating	☆☆☆
Risk	Low
Expense Ratio	0.13
Sharpe Ratio	4.02
Information Ratio	1.26
Alpha Ratio	0.08
Min Investment	5,000
Min SIP Investment	1,000
Exit Load	NIL
Yield to Maturity	5.94%
Effective Maturity	1 Month 20 Days
Modified Duration	2 Months 1 Day

Growth of 10,000 investment over the years.

Date	Value
31 Dec 20	₹10,000
31 Dec 21	₹10,326
31 Dec 22	₹10,835
31 Dec 23	₹11,599
31 Dec 24	₹12,461
31 Dec 25	₹13,280

BOI AXA 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 BOI AXA 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	1.4%
6 Month	2.9%
1 Year	6.4%
3 Year	7%
5 Year	5.9%
10 Year
15 Year
Since launch	6.7%

Historical performance (Yearly) on absolute basis

Year	Returns
2024	6.6%
2023	7.4%
2022	7%
2021	4.9%
2020	3.3%
2019	4.1%
2018	6.4%
2017	7.4%
2016	6.7%
2015	7.6%

Fund Manager information for BOI AXA Liquid Fund

Name	Since	Tenure
Mithraem Bharucha	17 Aug 21	4.38 Yr.

Data below for BOI AXA Liquid Fund as on 31 Dec 25

Asset Allocation

Asset Class	Value
Cash	99.51%
Other	0.49%

Debt Sector Allocation

Sector	Value
Corporate	47.18%
Cash Equivalent	34.37%
Government	17.96%

Credit Quality

Rating	Value
AAA	100%

Top Securities Holdings / Portfolio

Name	Holding	Value	Quantity
Net Receivables / (Payables) Net Current Assets \| -	16%	-₹182 Cr
Indian Bank Certificate of Deposit \| -	9%	₹99 Cr	10,000,000
India (Republic of) - \| -	7%	₹75 Cr	7,500,000 ↓ -2,500,000
India (Republic of) - \| -	7%	₹74 Cr	7,500,000
Kotak Mahindra Bank Limited Certificate of Deposit \| -	4%	₹50 Cr	5,000,000
Union Bank Of India Certificate of Deposit \| -	4%	₹50 Cr	5,000,000
Blue Star Ltd - Commercial Paper \| -	4%	₹50 Cr	5,000,000
Reliance Retail Ventures Limited Commercial Paper \| -	4%	₹50 Cr	5,000,000
364 Days Tbill Mat 200226 Sovereign Bonds \| -	4%	₹50 Cr	5,000,000
Godrej Housing Finance Limited Commercial Paper \| -	4%	₹50 Cr	5,000,000

5. Edelweiss Liquid Fund

The investment objective of the Scheme is to provide reasonable returns, commensurate with low risk while providing a high level of liquidity, through a portfolio of money market and debt securities. However, there can be no assurance that the investment objectives of the Scheme will be realized.

Research Highlights for Edelweiss Liquid Fund

Highest AUM (₹10,414 Cr).
Established history (18+ yrs).
Rating: 2★ (lower mid).
Risk profile: Low.
1Y return: 6.39% (bottom quartile).
1M return: 0.46% (bottom quartile).
Sharpe: 3.82 (upper mid).
Information ratio: 0.00 (bottom quartile).
Yield to maturity (debt): 6.03% (lower mid).
Modified duration: 0.17 yrs (lower mid).
Average maturity: 0.17 yrs (lower mid).
Exit load: NIL.
Higher exposure to Cash Equivalent (bond sector) vs peer median.
Conservative stance with elevated cash (~100%).
High-quality debt (AAA/AA ~100%).
Largest holding Net Receivables/(Payables) (~6.2%).

Below is the key information for Edelweiss Liquid Fund

Edelweiss Liquid Fund Growth
Launch Date	21 Sep 07
NAV (28 Jan 26)	₹3,450.7 ↑ 0.51 (0.01 %)
Net Assets (Cr)	₹10,414 on 31 Dec 25
Category	Debt - Liquid Fund
AMC	Edelweiss Asset Management Limited
Rating	☆☆
Risk	Low
Expense Ratio	0.23
Sharpe Ratio	3.82
Information Ratio	0
Alpha Ratio	0
Min Investment	5,000
Min SIP Investment	500
Exit Load	NIL
Yield to Maturity	6.03%
Effective Maturity	2 Months 1 Day
Modified Duration	2 Months 1 Day

Growth of 10,000 investment over the years.

Date	Value
31 Dec 20	₹10,000
31 Dec 21	₹10,323
31 Dec 22	₹10,804
31 Dec 23	₹11,544
31 Dec 24	₹12,392
31 Dec 25	₹13,202

Edelweiss 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 Edelweiss 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	1.4%
6 Month	2.9%
1 Year	6.4%
3 Year	6.9%
5 Year	5.8%
10 Year
15 Year
Since launch	7%

Historical performance (Yearly) on absolute basis

Year	Returns
2024	6.5%
2023	7.3%
2022	6.9%
2021	4.7%
2020	3.2%
2019	4.1%
2018	6.6%
2017	7.4%
2016	6.6%
2015	6.8%

Fund Manager information for Edelweiss Liquid Fund

Name	Since	Tenure
Rahul Dedhia	11 Dec 17	8.06 Yr.
Hetul Raval	22 Sep 25	0.27 Yr.

Data below for Edelweiss Liquid Fund as on 31 Dec 25

Asset Allocation

Asset Class	Value
Cash	99.79%
Other	0.21%

Debt Sector Allocation

Sector	Value
Cash Equivalent	66.05%
Corporate	24.73%
Government	9.02%

Credit Quality

Rating	Value
AAA	100%

Top Securities Holdings / Portfolio

Name	Holding	Value	Quantity
Net Receivables/(Payables) CBLO \| -	6%	-₹643 Cr
Tbill Sovereign Bonds \| -	6%	₹593 Cr	60,000,000 ↑ 60,000,000
Axis Bank Limited Certificate of Deposit \| -	5%	₹544 Cr	55,000,000
HDFC Bank Ltd. Debentures \| -	4%	₹444 Cr	45,000,000 ↑ 45,000,000
India (Republic of) - \| -	3%	₹349 Cr	35,000,000
Bank Of Baroda Certificate of Deposit \| -	3%	₹346 Cr	35,000,000
Small Industries Development Bank Of India Debentures \| -	3%	₹300 Cr	30,000,000
Punjab National Bank Cd 09-03-26#** Certificate of Deposit \| -	3%	₹297 Cr	30,000,000 ↑ 30,000,000
Small Industries Dev Bank Of India Commercial Paper \| -	3%	₹296 Cr	30,000,000 ↑ 30,000,000
Axis Bank Limited Certificate of Deposit \| -	2%	₹248 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.