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5 Best Ultra Short Term Debt Funds for SIP 2022
Ultra short term Debt fund are a type of Mutual Funds that are highly suitable for a short-term Investment plan. These funds invest in debt instruments that have an average maturity of more than 91 days. These funds provide better returns and have a higher maturity than liquid debt funds, but are more volatile than Liquid Funds. Investors with a low-risk appetite tend to invest in ultra short term funds, as they have higher yields than other Money market funds. Thus, investors who are looking to park their money for a year or less can ideally invest in this scheme. To earn better returns, one can choose funds for the below listed Best Ultra Short term SIP funds.
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Top 5 Best Performing Ultra Short Term Debt Funds for SIP Investment FY 22 - 23
Fund NAV Net Assets (Cr) Min SIP Investment 3 MO (%) 6 MO (%) 1 YR (%) 3 YR (%) 2021 (%) Debt Yield (YTM) Mod. Duration Eff. Maturity Nippon India Ultra Short Duration Fund Growth ₹3,287.66
↑ 0.87 ₹4,985 100 0.6 1.7 7.3 4.3 7.8 5.04% 4M 22D 5M 21D UTI Ultra Short Term Fund Growth ₹3,464.64
↑ 0.30 ₹2,506 500 0.5 1.4 5.8 4.3 6.1 4.65% 4M 15D 4M 20D IDBI Ultra Short Term Fund Growth ₹2,258.78
↑ 0.18 ₹257 500 0.6 1.5 3.7 5.4 3.9 4.45% 4M 11D 4M 30D Aditya Birla Sun Life Savings Fund Growth ₹440.942
↑ 0.09 ₹16,109 1,000 0.6 1.7 3.7 5.8 3.9 5.04% 5M 26D 6M ICICI Prudential Ultra Short Term Fund Growth ₹22.4713
↑ 0.00 ₹13,266 1,000 0.6 1.6 3.6 5.6 4 4.61% 3M 4D 3M 25D Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 19 May 22
*Above is list of best Ultra-Short funds are having AUM/Net Assets above 100 Crore. Sorted on Last 1 Year Return.
(Erstwhile Reliance Liquid Fund - Cash Plan) The investment objective of the Scheme is to generate optimal returns consistent with moderate levels of risk and high liquidity. Accordingly, investments shall predominantly be made in Debt and Money Market Instruments. Nippon India Ultra Short Duration Fund is a Debt - Ultrashort Bond fund was launched on 7 Dec 01. It is a fund with Low risk and has given a Below is the key information for Nippon India Ultra Short Duration Fund Returns up to 1 year are on (Erstwhile UTI - Floating Rate Fund - Short Term Plan) To generate regular income through investment in a portfolio comprising substantially of floating rate debt / money market instruments, fixed rate debt / money market instruments swapped for floating rate returns. The Scheme may also invest a portion of its net assets in fixed rate debt securities and money market instruments .However there can be no assurance that the investment objective of the Scheme will be achieved. The Scheme does not guarantee / indicate any returns. UTI Ultra Short Term Fund is a Debt - Ultrashort Bond fund was launched on 29 Aug 03. It is a fund with Moderately Low risk and has given a Below is the key information for UTI Ultra Short Term Fund Returns up to 1 year are on 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. IDBI Ultra Short Term Fund is a Debt - Ultrashort Bond fund was launched on 3 Sep 10. It is a fund with Moderately Low risk and has given a Below is the key information for IDBI Ultra Short Term Fund Returns up to 1 year are on The primary objective of the schemes is to generate regular income through investments in debt and money market instruments. Income maybe generated through the receipt of coupon payments or the purchase and sale of securities in the underlying portfolio. The schemes will under normal market conditions, invest its net assets in fixed income securities, money market instruments, cash and cash equivalents. Aditya Birla Sun Life Savings Fund is a Debt - Ultrashort Bond fund was launched on 16 Apr 03. It is a fund with Moderately Low risk and has given a Below is the key information for Aditya Birla Sun Life Savings Fund Returns up to 1 year are on (Erstwhile ICICI Prudential Regular Income Fund) The fund’s objective is to generate regular income through investments primarily in debt and money market instruments. As a secondary objective, the Scheme also seeks to generate long term capital appreciation from the portion of equity investments under the Scheme. ICICI Prudential Ultra Short Term Fund is a Debt - Ultrashort Bond fund was launched on 3 May 11. It is a fund with Moderate risk and has given a Below is the key information for ICICI Prudential Ultra Short Term Fund Returns up to 1 year are on 1. Nippon India Ultra Short Duration Fund
CAGR/Annualized return of 6% since its launch. Ranked 62 in Ultrashort Bond category. Return for 2021 was 7.8% , 2020 was 4.9% and 2019 was 0.9% . Nippon India Ultra Short Duration Fund
Growth Launch Date 7 Dec 01 NAV (19 May 22) ₹3,287.66 ↑ 0.87 (0.03 %) Net Assets (Cr) ₹4,985 on 30 Apr 22 Category Debt - Ultrashort Bond AMC Nippon Life Asset Management Ltd. Rating ☆☆ Risk Low Expense Ratio 1.09 Sharpe Ratio 1.46 Information Ratio 0 Alpha Ratio 0 Min Investment 100 Min SIP Investment 100 Exit Load NIL Yield to Maturity 5.04% Effective Maturity 5 Months 21 Days Modified Duration 4 Months 22 Days Growth of 10,000 investment over the years.
Date Value 30 Apr 17 ₹10,000 30 Apr 18 ₹10,598 30 Apr 19 ₹11,303 30 Apr 20 ₹11,353 30 Apr 21 ₹11,969 30 Apr 22 ₹12,878 Returns for Nippon India Ultra Short Duration Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 19 May 22 Duration Returns 1 Month 0.1% 3 Month 0.6% 6 Month 1.7% 1 Year 7.3% 3 Year 4.3% 5 Year 5.1% 10 Year 15 Year Since launch 6% Historical performance (Yearly) on absolute basis
Year Returns 2021 7.8% 2020 4.9% 2019 0.9% 2018 7.3% 2017 5.8% 2016 6.8% 2015 7.6% 2014 8.4% 2013 8.5% 2012 9.2% Fund Manager information for Nippon India Ultra Short Duration Fund
Name Since Tenure Vivek Sharma 1 Oct 13 8.59 Yr. Kinjal Desai 25 May 18 3.94 Yr. Data below for Nippon India Ultra Short Duration Fund as on 30 Apr 22
Asset Allocation
Asset Class Value Cash 53.85% Debt 46.15% Debt Sector Allocation
Sector Value Corporate 41.89% Cash Equivalent 39.36% Government 18.76% Credit Quality
Rating Value AA 25.73% AAA 74.27% Top Securities Holdings / Portfolio
Name Holding Value Quantity 182 Dtb 15092022
Sovereign Bonds | -4% ₹222 Cr 22,500,000 HDB Financial Services Limited
Debentures | -3% ₹161 Cr 1,500
↑ 1,500 Tata Realty And Infrastructure Limited 6.24%
Debentures | -3% ₹150 Cr 1,500
↑ 1,500 182 Dtb 11082022
Sovereign Bonds | -3% ₹148 Cr 15,000,000 Piramal Enterprises Ltd.
Debentures | -3% ₹146 Cr 3,000
↑ 3,000 Reliance Industries Limited
Debentures | -2% ₹103 Cr 1,000 Shriram Housing Finance Company Limited
Debentures | -2% ₹101 Cr 1,000 HDFC Bank Ltd
Debentures | -2% ₹98 Cr 2,000
↑ 2,000 Reliance Industries Limited
Debentures | -2% ₹86 Cr 850 Piramal Capital & Housing Finance Limited
Debentures | -2% ₹76 Cr 750,000
↑ 500,000 2. UTI Ultra Short Term Fund
CAGR/Annualized return of 6.9% since its launch. Ranked 27 in Ultrashort Bond category. Return for 2021 was 6.1% , 2020 was 5.3% and 2019 was 3.3% . UTI Ultra Short Term Fund
Growth Launch Date 29 Aug 03 NAV (19 May 22) ₹3,464.64 ↑ 0.30 (0.01 %) Net Assets (Cr) ₹2,506 on 30 Apr 22 Category Debt - Ultrashort Bond AMC UTI Asset Management Company Ltd Rating ☆☆☆☆ Risk Moderately Low Expense Ratio 0.96 Sharpe Ratio 0.95 Information Ratio 0 Alpha Ratio 0 Min Investment 5,000 Min SIP Investment 500 Exit Load NIL Yield to Maturity 4.65% Effective Maturity 4 Months 20 Days Modified Duration 4 Months 15 Days Growth of 10,000 investment over the years.
Date Value 30 Apr 17 ₹10,000 30 Apr 18 ₹10,637 30 Apr 19 ₹11,416 30 Apr 20 ₹11,707 30 Apr 21 ₹12,255 30 Apr 22 ₹13,007 Returns for UTI Ultra Short Term Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 19 May 22 Duration Returns 1 Month 0% 3 Month 0.5% 6 Month 1.4% 1 Year 5.8% 3 Year 4.3% 5 Year 5.3% 10 Year 15 Year Since launch 6.9% Historical performance (Yearly) on absolute basis
Year Returns 2021 6.1% 2020 5.3% 2019 3.3% 2018 7% 2017 6.6% 2016 8.9% 2015 8.5% 2014 8.8% 2013 9.8% 2012 9% Fund Manager information for UTI Ultra Short Term Fund
Name Since Tenure Ritesh Nambiar 1 Jul 15 6.84 Yr. Data below for UTI Ultra Short Term Fund as on 30 Apr 22
Asset Allocation
Asset Class Value Cash 54.42% Debt 45.58% Debt Sector Allocation
Sector Value Cash Equivalent 46.44% Corporate 37.66% Government 15.9% Credit Quality
Rating Value AA 22.85% AAA 77.15% Top Securities Holdings / Portfolio
Name Holding Value Quantity 182 Dtb 04082022
Sovereign Bonds | -7% ₹148 Cr 1,500,000,000
↑ 1,000,000,000 8.15% Govt Stock 2022
Sovereign Bonds | -5% ₹116 Cr 1,150,000,000 TATA Steel Limited
Debentures | -5% ₹102 Cr 550 India (Republic of)
Sovereign Bonds | -5% ₹99 Cr 1,000,000,000 The Tata Power Company Limited
Debentures | -3% ₹71 Cr 700 Cholamandalam Investment And Fin. Co. Ltd
Debentures | -3% ₹60 Cr 500 Rural Electrification Corporation Limited
Debentures | -3% ₹56 Cr 545 Rural Electrification Corporation Limited
Debentures | -2% ₹51 Cr 510 National Bank For Agriculture And Rural Development
Debentures | -2% ₹50 Cr 500 LIC Housing Finance Limited
Debentures | -2% ₹50 Cr 500 3. IDBI Ultra Short Term Fund
CAGR/Annualized return of 7.2% since its launch. Ranked 78 in Ultrashort Bond category. Return for 2021 was 3.9% , 2020 was 5.1% and 2019 was 6.9% . IDBI Ultra Short Term Fund
Growth Launch Date 3 Sep 10 NAV (19 May 22) ₹2,258.78 ↑ 0.18 (0.01 %) Net Assets (Cr) ₹257 on 15 May 22 Category Debt - Ultrashort Bond AMC IDBI Asset Management Limited Rating ☆ Risk Moderately Low Expense Ratio 0.64 Sharpe Ratio 0.79 Information Ratio 0 Alpha Ratio 0 Min Investment 5,000 Min SIP Investment 500 Exit Load NIL Yield to Maturity 4.45% Effective Maturity 4 Months 30 Days Modified Duration 4 Months 11 Days Growth of 10,000 investment over the years.
Date Value 30 Apr 17 ₹10,000 30 Apr 18 ₹10,604 30 Apr 19 ₹11,381 30 Apr 20 ₹12,002 30 Apr 21 ₹12,615 30 Apr 22 ₹13,123 Returns for IDBI Ultra Short Term Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 19 May 22 Duration Returns 1 Month 0.1% 3 Month 0.6% 6 Month 1.5% 1 Year 3.7% 3 Year 5.4% 5 Year 5.5% 10 Year 15 Year Since launch 7.2% Historical performance (Yearly) on absolute basis
Year Returns 2021 3.9% 2020 5.1% 2019 6.9% 2018 6.9% 2017 5.8% 2016 7.9% 2015 7.8% 2014 8.7% 2013 9.2% 2012 9.7% Fund Manager information for IDBI Ultra Short Term Fund
Name Since Tenure Bhupesh Kalyani 1 Feb 17 5.24 Yr. Data below for IDBI Ultra Short Term Fund as on 15 May 22
Asset Allocation
Asset Class Value Cash 73.64% Debt 26.36% Debt Sector Allocation
Sector Value Cash Equivalent 44.9% Government 37.45% Corporate 17.64% Credit Quality
Rating Value AA 2.47% AAA 97.53% Top Securities Holdings / Portfolio
Name Holding Value Quantity 91 Dtb 07072022
Sovereign Bonds | -16% ₹55 Cr 5,500,000
↑ 5,500,000 182 Dtb 21072022
Sovereign Bonds | -14% ₹49 Cr 5,000,000 India (Republic of)
Sovereign Bonds | -7% ₹25 Cr 2,500,000 182 Dtb 08092022
Sovereign Bonds | -7% ₹25 Cr 2,500,000 Steel Authority Of India Limited
Debentures | -2% ₹5 Cr 520,000
↑ 520,000 The Tata Power Company Limited
Debentures | -1% ₹2 Cr 200,000 Rec Limited
Debentures | -1% ₹2 Cr 200,000 Chennai Petroleum Corporation Ltd.
Debentures | -1% ₹2 Cr 200,000 JSW Steel Limited
Debentures | -0% ₹2 Cr 150,000 Godrej Properties Limited
Debentures | -0% ₹2 Cr 150,000 4. Aditya Birla Sun Life Savings Fund
CAGR/Annualized return of 7.5% since its launch. Ranked 6 in Ultrashort Bond category. Return for 2021 was 3.9% , 2020 was 7% and 2019 was 8.5% . Aditya Birla Sun Life Savings Fund
Growth Launch Date 16 Apr 03 NAV (19 May 22) ₹440.942 ↑ 0.09 (0.02 %) Net Assets (Cr) ₹16,109 on 15 May 22 Category Debt - Ultrashort Bond AMC Birla Sun Life Asset Management Co Ltd Rating ☆☆☆☆☆ Risk Moderately Low Expense Ratio 0.47 Sharpe Ratio 1.84 Information Ratio 0 Alpha Ratio 0 Min Investment 1,000 Min SIP Investment 1,000 Exit Load NIL Yield to Maturity 5.04% Effective Maturity 6 Months Modified Duration 5 Months 26 Days Growth of 10,000 investment over the years.
Date Value 30 Apr 17 ₹10,000 30 Apr 18 ₹10,692 30 Apr 19 ₹11,579 30 Apr 20 ₹12,436 30 Apr 21 ₹13,245 30 Apr 22 ₹13,782 Returns for Aditya Birla Sun Life Savings Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 19 May 22 Duration Returns 1 Month 0% 3 Month 0.6% 6 Month 1.7% 1 Year 3.7% 3 Year 5.8% 5 Year 6.5% 10 Year 15 Year Since launch 7.5% Historical performance (Yearly) on absolute basis
Year Returns 2021 3.9% 2020 7% 2019 8.5% 2018 7.6% 2017 7.2% 2016 9.2% 2015 8.9% 2014 9.7% 2013 9.5% 2012 9.7% Fund Manager information for Aditya Birla Sun Life Savings Fund
Name Since Tenure Sunaina Cunha 14 Jun 14 7.88 Yr. Kaustubh Gupta 15 Jul 11 10.8 Yr. Monika Gandhi 22 Mar 21 1.11 Yr. Data below for Aditya Birla Sun Life Savings Fund as on 15 May 22
Asset Allocation
Asset Class Value Cash 64.1% Debt 35.9% Debt Sector Allocation
Sector Value Corporate 42.72% Cash Equivalent 37.34% Government 19.94% Credit Quality
Rating Value AA 13.01% AAA 86.99% Top Securities Holdings / Portfolio
Name Holding Value Quantity Housing Development Finance Corporation Limited
Debentures | -4% ₹602 Cr 6,000 182 Dtb 08092022
Sovereign Bonds | -2% ₹394 Cr 40,000,000 8.15% Govt Stock 2022
Sovereign Bonds | -2% ₹296 Cr 29,500,000 Shriram Transport Finance Company Limited
Debentures | -2% ₹280 Cr 2,750 Indusind Bank Limited
Debentures | -2% ₹269 Cr 5,500
↑ 5,500 Reliance Industries Limited
Debentures | -2% ₹258 Cr 2,500 Housing Development Finance Corporation Limited
Debentures | -2% ₹246 Cr 2,450 08.21 HR UDAY 2023
Domestic Bonds | -1% ₹236 Cr 23,000,000 08.24 GJ Sdl 2023
Sovereign Bonds | -1% ₹216 Cr 21,000,000 08.18 HR UDAY 2022
Domestic Bonds | -1% ₹211 Cr 21,000,000 5. ICICI Prudential Ultra Short Term Fund
CAGR/Annualized return of 7.6% since its launch. Ranked 27 in Ultrashort Bond category. Return for 2021 was 4% , 2020 was 6.5% and 2019 was 8.4% . ICICI Prudential Ultra Short Term Fund
Growth Launch Date 3 May 11 NAV (19 May 22) ₹22.4713 ↑ 0.00 (0.01 %) Net Assets (Cr) ₹13,266 on 30 Apr 22 Category Debt - Ultrashort Bond AMC ICICI Prudential Asset Management Company Limited Rating ☆☆☆ Risk Moderate Expense Ratio 0.99 Sharpe Ratio 1.51 Information Ratio 0 Alpha Ratio 0 Min Investment 5,000 Min SIP Investment 1,000 Exit Load 0-1 Months (0.5%),1 Months and above(NIL) Yield to Maturity 4.61% Effective Maturity 3 Months 25 Days Modified Duration 3 Months 4 Days Growth of 10,000 investment over the years.
Date Value 30 Apr 17 ₹10,000 30 Apr 18 ₹10,679 30 Apr 19 ₹11,519 30 Apr 20 ₹12,360 30 Apr 21 ₹13,143 30 Apr 22 ₹13,646 Returns for ICICI Prudential Ultra Short Term Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 19 May 22 Duration Returns 1 Month 0.1% 3 Month 0.6% 6 Month 1.6% 1 Year 3.6% 3 Year 5.6% 5 Year 6.3% 10 Year 15 Year Since launch 7.6% Historical performance (Yearly) on absolute basis
Year Returns 2021 4% 2020 6.5% 2019 8.4% 2018 7.5% 2017 6.9% 2016 9.8% 2015 9.1% 2014 14.8% 2013 3.1% 2012 9.4% Fund Manager information for ICICI Prudential Ultra Short Term Fund
Name Since Tenure Manish Banthia 15 Nov 16 5.46 Yr. Ritesh Lunawat 15 Jun 17 4.88 Yr. Data below for ICICI Prudential Ultra Short Term Fund as on 30 Apr 22
Asset Allocation
Asset Class Value Cash 69.48% Debt 30.52% Debt Sector Allocation
Sector Value Cash Equivalent 58.55% Corporate 33.84% Government 7.6% Credit Quality
Rating Value A 1.1% AA 22.05% AAA 76.85% Top Securities Holdings / Portfolio
Name Holding Value Quantity National Bank For Agriculture And Rural Development
Debentures | -6% ₹825 Cr 8,250
↑ 2,000 91 Dtb 13072022
Sovereign Bonds | -3% ₹495 Cr 50,000,000
↑ 50,000,000 Nabha Power Limited
Debentures | -3% ₹450 Cr 4,500 The Tata Power Company Limited
Debentures | -1% ₹212 Cr 2,084 Shriram Transport Finance Company Limited
Debentures | -1% ₹204 Cr 2,000 LIC Housing Finance Limited
Debentures | -1% ₹197 Cr 1,950
↑ 1,000 Rec Limited
Debentures | -1% ₹166 Cr 1,650 LIC Housing Finance Limited
Debentures | -1% ₹161 Cr 1,600 Embassy Office Parks Reit
Debentures | -1% ₹152 Cr 1,500 Housing Development Finance Corporation Ltd
Debentures | -1% ₹152 Cr 1,500
All efforts have been made to ensure the information provided here is accurate. However, no guarantees are made regarding correctness of data. Please verify with scheme information document before making any investment.
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