Top 4 Mutual Funds for Low Risk Investors

Updated on July 13, 2026 , 3988 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	₹3,699.77 ↑ 0.51	₹4,259	1.3	2.5	5.3	6.1	5.8	5.35%	2D	2D
SBI Overnight Fund Growth	₹4,384.39 ↑ 0.60	₹27,025	1.3	2.5	5.2	6.1	5.7	5.36%	1D	1D
HDFC Overnight Fund Growth	₹4,009.36 ↑ 0.54	₹10,587	1.2	2.5	5.2	6	5.7	5.37%	1D	1D
Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 15 Jul 26

Research Highlights & Commentary of 3 Funds showcased

Commentary	UTI Overnight Fund	SBI Overnight Fund	HDFC Overnight Fund
Point 1	Bottom quartile AUM (₹4,259 Cr).	Highest AUM (₹27,025 Cr).	Lower mid AUM (₹10,587 Cr).
Point 2	Established history (22+ yrs).	Established history (23+ yrs).	Oldest track record among peers (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: 5.29% (upper mid).	1Y return: 5.24% (lower mid).	1Y return: 5.20% (bottom quartile).
Point 6	1M return: 0.42% (upper mid).	1M return: 0.42% (lower mid).	1M return: 0.42% (bottom quartile).
Point 7	Sharpe: -14.93 (upper mid).	Sharpe: -16.70 (lower mid).	Sharpe: -19.07 (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): 5.35% (bottom quartile).	Yield to maturity (debt): 5.36% (lower mid).	Yield to maturity (debt): 5.37% (upper mid).
Point 10	Modified duration: 0.01 yrs (bottom quartile).	Modified duration: 0.00 yrs (upper mid).	Modified duration: 0.00 yrs (lower mid).

UTI Overnight Fund

Bottom quartile AUM (₹4,259 Cr).
Established history (22+ yrs).
Top rated.
Risk profile: Moderately Low.
1Y return: 5.29% (upper mid).
1M return: 0.42% (upper mid).
Sharpe: -14.93 (upper mid).
Information ratio: 0.00 (upper mid).
Yield to maturity (debt): 5.35% (bottom quartile).
Modified duration: 0.01 yrs (bottom quartile).

SBI Overnight Fund

Highest AUM (₹27,025 Cr).
Established history (23+ yrs).
Rating: 2★ (lower mid).
Risk profile: Low.
1Y return: 5.24% (lower mid).
1M return: 0.42% (lower mid).
Sharpe: -16.70 (lower mid).
Information ratio: 0.00 (lower mid).
Yield to maturity (debt): 5.36% (lower mid).
Modified duration: 0.00 yrs (upper mid).

HDFC Overnight Fund

Lower mid AUM (₹10,587 Cr).
Oldest track record among peers (24 yrs).
Rating: 1★ (bottom quartile).
Risk profile: Low.
1Y return: 5.20% (bottom quartile).
1M return: 0.42% (bottom quartile).
Sharpe: -19.07 (bottom quartile).
Information ratio: 0.00 (bottom quartile).
Yield to maturity (debt): 5.37% (upper mid).
Modified duration: 0.00 yrs (lower mid).

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

Our Expertise

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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Education-focused: We simplify complex concepts for everyday investors.

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
Axis Liquid Fund Growth	₹3,099.1 ↑ 0.38	₹56,168	0.5	1.6	3.3	6.3	6.6	6.23%	1M 5D	1M 5D
Edelweiss Liquid Fund Growth	₹3,558.96 ↑ 0.42	₹15,222	0.5	1.6	3.3	6.3	6.5	6.51%	1M 6D	1M 6D
PGIM India Insta Cash Fund Growth	₹362.195 ↑ 0.04	₹612	0.5	1.6	3.3	6.3	6.5	6.57%	1M 10D	1M 10D
DSP Liquidity Fund Growth	₹3,972.39 ↑ 0.45	₹19,019	0.5	1.6	3.3	6.3	6.5	0%	1M 1D
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	Axis Liquid Fund	Edelweiss Liquid Fund	PGIM India Insta Cash Fund	DSP Liquidity Fund
Point 1	Bottom quartile AUM (₹503 Cr).	Highest AUM (₹56,168 Cr).	Lower mid AUM (₹15,222 Cr).	Bottom quartile AUM (₹612 Cr).	Upper mid AUM (₹19,019 Cr).
Point 2	Established history (16+ yrs).	Established history (16+ yrs).	Established history (18+ yrs).	Established history (18+ yrs).	Oldest track record among peers (20 yrs).
Point 3	Rating: 3★ (lower mid).	Rating: 4★ (upper 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: 6.32% (upper mid).	1Y return: 6.31% (lower mid).	1Y return: 6.28% (bottom quartile).	1Y return: 6.29% (bottom quartile).
Point 6	1M return: 0.53% (bottom quartile).	1M return: 0.55% (top quartile).	1M return: 0.55% (upper mid).	1M return: 0.54% (lower mid).	1M return: 0.54% (bottom quartile).
Point 7	Sharpe: 0.20 (bottom quartile).	Sharpe: 2.39 (top quartile).	Sharpe: 2.22 (bottom quartile).	Sharpe: 2.23 (lower mid).	Sharpe: 2.26 (upper mid).
Point 8	Information ratio: -5.96 (bottom quartile).	Information ratio: 0.00 (upper mid).	Information ratio: 0.00 (lower mid).	Information ratio: 0.62 (top quartile).	Information ratio: 0.00 (bottom quartile).
Point 9	Yield to maturity (debt): 6.66% (top quartile).	Yield to maturity (debt): 6.23% (bottom quartile).	Yield to maturity (debt): 6.51% (lower mid).	Yield to maturity (debt): 6.57% (upper mid).	Yield to maturity (debt): 0.00% (bottom quartile).
Point 10	Modified duration: 0.10 yrs (bottom quartile).	Modified duration: 0.10 yrs (upper mid).	Modified duration: 0.10 yrs (lower mid).	Modified duration: 0.11 yrs (bottom quartile).	Modified duration: 0.09 yrs (top quartile).

IDBI Liquid Fund

Bottom quartile AUM (₹503 Cr).
Established history (16+ yrs).
Rating: 3★ (lower mid).
Risk profile: Low.
1Y return: 6.55% (top quartile).
1M return: 0.53% (bottom 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 (bottom quartile).

Axis Liquid Fund

Highest AUM (₹56,168 Cr).
Established history (16+ yrs).
Rating: 4★ (upper mid).
Risk profile: Low.
1Y return: 6.32% (upper mid).
1M return: 0.55% (top quartile).
Sharpe: 2.39 (top quartile).
Information ratio: 0.00 (upper mid).
Yield to maturity (debt): 6.23% (bottom quartile).
Modified duration: 0.10 yrs (upper mid).

Edelweiss Liquid Fund

Lower mid AUM (₹15,222 Cr).
Established history (18+ yrs).
Rating: 2★ (bottom quartile).
Risk profile: Low.
1Y return: 6.31% (lower mid).
1M return: 0.55% (upper mid).
Sharpe: 2.22 (bottom quartile).
Information ratio: 0.00 (lower mid).
Yield to maturity (debt): 6.51% (lower mid).
Modified duration: 0.10 yrs (lower mid).

PGIM India Insta Cash Fund

Bottom quartile AUM (₹612 Cr).
Established history (18+ yrs).
Top rated.
Risk profile: Low.
1Y return: 6.28% (bottom quartile).
1M return: 0.54% (lower mid).
Sharpe: 2.23 (lower mid).
Information ratio: 0.62 (top quartile).
Yield to maturity (debt): 6.57% (upper mid).
Modified duration: 0.11 yrs (bottom quartile).

DSP Liquidity Fund

Upper mid AUM (₹19,019 Cr).
Oldest track record among peers (20 yrs).
Rating: 3★ (bottom quartile).
Risk profile: Low.
1Y return: 6.29% (bottom quartile).
1M return: 0.54% (bottom quartile).
Sharpe: 2.26 (upper mid).
Information ratio: 0.00 (bottom quartile).
Yield to maturity (debt): 0.00% (bottom quartile).
Modified duration: 0.09 yrs (top quartile).

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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
Nippon India Ultra Short Duration Fund Growth	₹4,286.53 ↑ 0.55	₹10,938	1.5	3.2	6	6.8	6.8	7.83%	5M 1D	7M 3D
Aditya Birla Sun Life Savings Fund Growth	₹584.813 ↑ 0.16	₹19,611	1.6	3.2	6.2	7.2	7.4	7.98%	5M 16D	6M 25D
Invesco India Ultra Short Term Fund Growth	₹2,867.7 ↑ 0.41	₹1,197	1.5	3.2	5.9	6.9	6.8	7.53%	5M 3D	5M 6D
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	Nippon India Ultra Short Duration Fund	Aditya Birla Sun Life Savings Fund	Invesco India Ultra Short Term Fund
Point 1	Bottom quartile AUM (₹297 Cr).	Bottom quartile AUM (₹146 Cr).	Upper mid AUM (₹10,938 Cr).	Highest AUM (₹19,611 Cr).	Lower mid AUM (₹1,197 Cr).
Point 2	Established history (18+ yrs).	Established history (15+ yrs).	Oldest track record among peers (24 yrs).	Established history (23+ yrs).	Established history (15+ yrs).
Point 3	Rating: 1★ (bottom quartile).	Rating: 1★ (bottom quartile).	Rating: 2★ (lower mid).	Top rated.	Rating: 3★ (upper mid).
Point 4	Risk profile: Moderate.	Risk profile: Moderately Low.	Risk profile: Low.	Risk profile: Moderately Low.	Risk profile: Moderate.
Point 5	1Y return: 13.69% (top quartile).	1Y return: 6.39% (upper mid).	1Y return: 5.99% (bottom quartile).	1Y return: 6.16% (lower mid).	1Y return: 5.91% (bottom quartile).
Point 6	1M return: 0.59% (lower mid).	1M return: 0.52% (bottom quartile).	1M return: 0.56% (bottom quartile).	1M return: 0.60% (upper mid).	1M return: 0.60% (top quartile).
Point 7	Sharpe: 2.57 (top quartile).	Sharpe: -0.57 (bottom quartile).	Sharpe: 0.34 (lower mid).	Sharpe: 0.52 (upper mid).	Sharpe: 0.21 (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% (bottom quartile).	Yield to maturity (debt): 7.83% (upper mid).	Yield to maturity (debt): 7.98% (top quartile).	Yield to maturity (debt): 7.53% (lower mid).
Point 10	Modified duration: 0.00 yrs (top quartile).	Modified duration: 0.19 yrs (upper mid).	Modified duration: 0.42 yrs (lower mid).	Modified duration: 0.46 yrs (bottom quartile).	Modified duration: 0.42 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% (lower mid).
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 (15+ yrs).
Rating: 1★ (bottom quartile).
Risk profile: Moderately Low.
1Y return: 6.39% (upper mid).
1M return: 0.52% (bottom quartile).
Sharpe: -0.57 (bottom quartile).
Information ratio: 0.00 (upper mid).
Yield to maturity (debt): 6.83% (bottom quartile).
Modified duration: 0.19 yrs (upper mid).

Nippon India Ultra Short Duration Fund

Upper mid AUM (₹10,938 Cr).
Oldest track record among peers (24 yrs).
Rating: 2★ (lower mid).
Risk profile: Low.
1Y return: 5.99% (bottom quartile).
1M return: 0.56% (bottom quartile).
Sharpe: 0.34 (lower mid).
Information ratio: 0.00 (lower mid).
Yield to maturity (debt): 7.83% (upper mid).
Modified duration: 0.42 yrs (lower mid).

Aditya Birla Sun Life Savings Fund

Highest AUM (₹19,611 Cr).
Established history (23+ yrs).
Top rated.
Risk profile: Moderately Low.
1Y return: 6.16% (lower mid).
1M return: 0.60% (upper mid).
Sharpe: 0.52 (upper mid).
Information ratio: 0.00 (bottom quartile).
Yield to maturity (debt): 7.98% (top quartile).
Modified duration: 0.46 yrs (bottom quartile).

Invesco India Ultra Short Term Fund

Lower mid AUM (₹1,197 Cr).
Established history (15+ yrs).
Rating: 3★ (upper mid).
Risk profile: Moderate.
1Y return: 5.91% (bottom quartile).
1M return: 0.60% (top quartile).
Sharpe: 0.21 (bottom quartile).
Information ratio: 0.00 (bottom quartile).
Yield to maturity (debt): 7.53% (lower mid).
Modified duration: 0.42 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 (%)	2025 (%)	Debt Yield (YTM)	Mod. Duration	Eff. Maturity
Aditya Birla Sun Life Money Manager Fund Growth	₹394.703 ↑ 0.08	₹27,550	1.5	3.2	6.1	7.2	7.4	7.94%	7M 28D	8M 1D
Tata Money Market Fund Growth	₹5,037.76 ↑ 1.04	₹33,030	1.5	3.2	6.1	7.2	7.4	7.79%	7M 1D	7M 1D
Kotak Money Market Scheme Growth	₹4,790.12 ↑ 0.73	₹31,606	1.5	3.2	6.1	7.2	7.4	7.71%	7M 6D	7M 6D
HDFC Money Market Fund Growth	₹6,095.28 ↑ 0.90	₹28,705	1.4	3.2	6	7.2	7.4	7.71%	6M 15D	7M 2D
UTI Money Market Fund Growth	₹3,290.65 ↑ 0.61	₹18,611	1.5	3.2	6.1	7.3	7.5	7.58%	6M 20D	6M 20D
Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 15 Jul 26

Research Highlights & Commentary of 5 Funds showcased

Commentary	Aditya Birla Sun Life Money Manager Fund	Tata Money Market Fund	Kotak Money Market Scheme	HDFC Money Market Fund	UTI Money Market Fund
Point 1	Bottom quartile AUM (₹27,550 Cr).	Highest AUM (₹33,030 Cr).	Upper mid AUM (₹31,606 Cr).	Lower mid AUM (₹28,705 Cr).	Bottom quartile AUM (₹18,611 Cr).
Point 2	Established history (20+ yrs).	Established history (23+ yrs).	Established history (23+ yrs).	Oldest track record among peers (26 yrs).	Established history (17+ 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: Low.	Risk profile: Low.	Risk profile: Low.	Risk profile: Low.
Point 5	1Y return: 6.07% (lower mid).	1Y return: 6.07% (upper mid).	1Y return: 6.05% (bottom quartile).	1Y return: 6.02% (bottom quartile).	1Y return: 6.09% (top quartile).
Point 6	1M return: 0.67% (top quartile).	1M return: 0.64% (bottom quartile).	1M return: 0.64% (lower mid).	1M return: 0.64% (bottom quartile).	1M return: 0.64% (upper mid).
Point 7	Sharpe: 0.19 (bottom quartile).	Sharpe: 0.48 (top quartile).	Sharpe: 0.24 (lower mid).	Sharpe: 0.21 (bottom quartile).	Sharpe: 0.35 (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): 7.94% (top quartile).	Yield to maturity (debt): 7.79% (upper mid).	Yield to maturity (debt): 7.71% (lower mid).	Yield to maturity (debt): 7.71% (bottom quartile).	Yield to maturity (debt): 7.58% (bottom quartile).
Point 10	Modified duration: 0.66 yrs (bottom quartile).	Modified duration: 0.59 yrs (lower mid).	Modified duration: 0.60 yrs (bottom quartile).	Modified duration: 0.54 yrs (top quartile).	Modified duration: 0.56 yrs (upper mid).

Aditya Birla Sun Life Money Manager Fund

Bottom quartile AUM (₹27,550 Cr).
Established history (20+ yrs).
Top rated.
Risk profile: Low.
1Y return: 6.07% (lower mid).
1M return: 0.67% (top quartile).
Sharpe: 0.19 (bottom quartile).
Information ratio: 0.00 (top quartile).
Yield to maturity (debt): 7.94% (top quartile).
Modified duration: 0.66 yrs (bottom quartile).

Tata Money Market Fund

Highest AUM (₹33,030 Cr).
Established history (23+ yrs).
Rating: 3★ (bottom quartile).
Risk profile: Low.
1Y return: 6.07% (upper mid).
1M return: 0.64% (bottom quartile).
Sharpe: 0.48 (top quartile).
Information ratio: 0.00 (upper mid).
Yield to maturity (debt): 7.79% (upper mid).
Modified duration: 0.59 yrs (lower mid).

Kotak Money Market Scheme

Upper mid AUM (₹31,606 Cr).
Established history (23+ yrs).
Rating: 4★ (upper mid).
Risk profile: Low.
1Y return: 6.05% (bottom quartile).
1M return: 0.64% (lower mid).
Sharpe: 0.24 (lower mid).
Information ratio: 0.00 (lower mid).
Yield to maturity (debt): 7.71% (lower mid).
Modified duration: 0.60 yrs (bottom quartile).

HDFC Money Market Fund

Lower mid AUM (₹28,705 Cr).
Oldest track record among peers (26 yrs).
Rating: 3★ (bottom quartile).
Risk profile: Low.
1Y return: 6.02% (bottom quartile).
1M return: 0.64% (bottom quartile).
Sharpe: 0.21 (bottom quartile).
Information ratio: 0.00 (bottom quartile).
Yield to maturity (debt): 7.71% (bottom quartile).
Modified duration: 0.54 yrs (top quartile).

UTI Money Market Fund

Bottom quartile AUM (₹18,611 Cr).
Established history (17+ yrs).
Rating: 4★ (lower mid).
Risk profile: Low.
1Y return: 6.09% (top quartile).
1M return: 0.64% (upper mid).
Sharpe: 0.35 (upper mid).
Information ratio: 0.00 (bottom quartile).
Yield to maturity (debt): 7.58% (bottom quartile).
Modified duration: 0.56 yrs (upper mid).

*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 (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
30 Jun 21	₹10,000
30 Jun 22	₹11,418

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% (bottom quartile).
Sharpe: 0.20 (bottom quartile).
Information ratio: -5.96 (bottom quartile).
Yield to maturity (debt): 6.66% (upper mid).
Modified duration: 0.10 yrs (bottom quartile).
Average maturity: 0.11 yrs (lower mid).
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
30 Jun 21	₹10,000
30 Jun 22	₹10,363
30 Jun 23	₹11,026

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 (15+ yrs).
Rating: 1★ (bottom quartile).
Risk profile: Moderately Low.
1Y return: 6.39% (lower mid).
1M return: 0.52% (bottom quartile).
Sharpe: -0.57 (bottom quartile).
Information ratio: 0.00 (upper 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
30 Jun 21	₹10,000
30 Jun 22	₹10,395
30 Jun 23	₹11,045

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. Axis Liquid Fund

To provide a high level of liquidity with reasonable returns commensurating with low risk through a portfolio of money market and debt securities. However there can be no assurance that the investment objective of the scheme will be achieved.

Research Highlights for Axis Liquid Fund

Highest AUM (₹56,168 Cr).
Established history (16+ yrs).
Top rated.
Risk profile: Low.
1Y return: 6.32% (bottom quartile).
1M return: 0.55% (upper mid).
Sharpe: 2.39 (upper mid).
Information ratio: 0.00 (lower mid).
Yield to maturity (debt): 6.23% (bottom quartile).
Modified duration: 0.10 yrs (upper mid).
Average maturity: 0.10 yrs (top quartile).
Exit load: NIL.
Top bond sector: Cash Equivalent.
Conservative stance with elevated cash (~99%).
High-quality debt (AAA/AA ~100%).
Largest holding Clearing Corporation Of India Ltd (~12.6%).

Below is the key information for Axis Liquid Fund

Axis Liquid Fund Growth
Launch Date	9 Oct 09
NAV (15 Jul 26)	₹3,099.1 ↑ 0.38 (0.01 %)
Net Assets (Cr)	₹56,168 on 31 May 26
Category	Debt - Liquid Fund
AMC	Axis Asset Management Company Limited
Rating	☆☆☆☆
Risk	Low
Expense Ratio	0.23
Sharpe Ratio	2.39
Information Ratio	0
Alpha Ratio	0
Min Investment	500
Min SIP Investment	1,000
Exit Load	NIL
Yield to Maturity	6.23%
Effective Maturity	1 Month 5 Days
Modified Duration	1 Month 5 Days

Growth of 10,000 investment over the years.

Date	Value
30 Jun 21	₹10,000
30 Jun 22	₹10,361
30 Jun 23	₹11,030
30 Jun 24	₹11,839
30 Jun 25	₹12,692
30 Jun 26	₹13,498

Axis Liquid 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 Axis 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	1.6%
6 Month	3.3%
1 Year	6.3%
3 Year	6.9%
5 Year	6.2%
10 Year
15 Year
Since launch	7%

Historical performance (Yearly) on absolute basis

Year	Returns
2025	6.6%
2024	7.4%
2023	7.1%
2022	4.9%
2021	3.3%
2020	4.3%
2019	6.6%
2018	7.5%
2017	6.7%
2016	7.6%

Fund Manager information for Axis Liquid Fund

Name	Since	Tenure
Devang Shah	5 Nov 12	13.66 Yr.
Aditya Pagaria	13 Aug 16	9.89 Yr.
Sachin Jain	3 Jul 23	3 Yr.

Data below for Axis Liquid Fund as on 31 May 26

Asset Allocation

Asset Class	Value
Cash	99.02%
Debt	0.8%
Other	0.17%

Debt Sector Allocation

Sector	Value
Cash Equivalent	88.21%
Corporate	7.79%
Government	3.84%

Credit Quality

Rating	Value
AAA	100%

Top Securities Holdings / Portfolio

Name	Holding	Value	Quantity
Clearing Corporation Of India Ltd CBLO/Reverse Repo \| -	13%	₹7,525 Cr
Canara Bank Domestic Bonds \| -	3%	₹1,972 Cr	40,000 ↑ 40,000
Export-Import Bank of India Commercial Paper \| -	3%	₹1,774 Cr	36,000 ↑ 36,000
Union Bank of India Debentures \| -	2%	₹1,242 Cr	25,000
Indian Bank Domestic Bonds \| -	2%	₹1,182 Cr	24,000 ↑ 24,000
HDFC Bank Limited Certificate of Deposit \| -	2%	₹1,156 Cr	23,500 ↑ 23,500
Tbill Sovereign Bonds \| -	2%	₹1,108 Cr	111,500,000
HDFC Bank Limited Certificate of Deposit \| -	2%	₹1,036 Cr	21,000 ↑ 5,000
Tata Steel Ltd. Commercial Paper \| -	2%	₹985 Cr	20,000 ↑ 20,000
Export-Import Bank of India Commercial Paper \| -	2%	₹985 Cr	20,000 ↑ 20,000

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

Upper mid AUM (₹15,222 Cr).
Established history (18+ yrs).
Rating: 2★ (lower mid).
Risk profile: Low.
1Y return: 6.31% (bottom quartile).
1M return: 0.55% (lower mid).
Sharpe: 2.22 (lower mid).
Information ratio: 0.00 (bottom quartile).
Yield to maturity (debt): 6.51% (lower mid).
Modified duration: 0.10 yrs (lower mid).
Average maturity: 0.10 yrs (upper mid).
Exit load: NIL.
Top bond sector: Cash Equivalent.
Conservative stance with elevated cash (~100%).
High-quality debt (AAA/AA ~100%).
Largest holding Reverse Repo (~8.0%).

Below is the key information for Edelweiss Liquid Fund

Edelweiss Liquid Fund Growth
Launch Date	21 Sep 07
NAV (15 Jul 26)	₹3,558.96 ↑ 0.42 (0.01 %)
Net Assets (Cr)	₹15,222 on 31 May 26
Category	Debt - Liquid Fund
AMC	Edelweiss Asset Management Limited
Rating	☆☆
Risk	Low
Expense Ratio	0.23
Sharpe Ratio	2.22
Information Ratio	0
Alpha Ratio	0
Min Investment	5,000
Min SIP Investment	500
Exit Load	NIL
Yield to Maturity	6.51%
Effective Maturity	1 Month 6 Days
Modified Duration	1 Month 6 Days

Growth of 10,000 investment over the years.

Date	Value
30 Jun 21	₹10,000
30 Jun 22	₹10,340
30 Jun 23	₹10,990
30 Jun 24	₹11,783
30 Jun 25	₹12,627
30 Jun 26	₹13,428

Edelweiss Liquid 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 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	1.6%
6 Month	3.3%
1 Year	6.3%
3 Year	6.9%
5 Year	6.1%
10 Year
15 Year
Since launch	7%

Historical performance (Yearly) on absolute basis

Year	Returns
2025	6.5%
2024	7.3%
2023	6.9%
2022	4.7%
2021	3.2%
2020	4.1%
2019	6.6%
2018	7.4%
2017	6.6%
2016	6.8%

Fund Manager information for Edelweiss Liquid Fund

Name	Since	Tenure
Rahul Dedhia	11 Dec 17	8.56 Yr.
Hetul Raval	22 Sep 25	0.77 Yr.

Data below for Edelweiss Liquid Fund as on 31 May 26

Asset Allocation

Asset Class	Value
Cash	99.79%
Other	0.21%

Debt Sector Allocation

Sector	Value
Cash Equivalent	82.61%
Government	10.04%
Corporate	7.14%

Credit Quality

Rating	Value
AAA	100%

Top Securities Holdings / Portfolio

Name	Holding	Value	Quantity
Reverse Repo CBLO/Reverse Repo \| -	8%	₹1,100 Cr
Net Receivables/(Payables) CBLO \| -	5%	-₹690 Cr
Clearing Corporation Of India Ltd. CBLO/Reverse Repo \| -	4%	₹551 Cr
India (Republic of) - \| -	4%	₹521 Cr	52,500,000 ↑ 2,500,000
Hindustan Petroleum Corp Ltd. Commercial Paper \| -	4%	₹500 Cr	50,000,000 ↓ -25,000,000
India (Republic of) - \| -	4%	₹496 Cr	50,000,000
Reliance Retail Vent Cp 16-09-26 Vd1706** Net Current Assets \| -	3%	₹393 Cr	40,000,000 ↑ 40,000,000
Bank of Baroda Debentures \| -	2%	₹346 Cr	35,000,000
Axis Bank Ltd. Debentures \| -	2%	₹346 Cr	35,000,000
23/07/2026 Maturing 182 DTB Sovereign Bonds \| -	2%	₹303 Cr	30,500,000

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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.