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5 Best Ultra Short Term Debt Funds for SIP 2020
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 20 - 21
Fund NAV Net Assets (Cr) Min SIP Investment 3 MO (%) 6 MO (%) 1 YR (%) 3 YR (%) 2019 (%) Debt Yield (YTM) Mod. Duration Eff. Maturity IDBI Ultra Short Term Fund Growth ₹2,109.62
↑ 0.21 ₹169 500 1.9 2.5 10.6 6.4 6.9 4.88% 3M 4D 3M 18D Aditya Birla Sun Life Savings Fund Growth ₹410.417
↑ 0.07 ₹11,830 1,000 2.8 4.1 7.9 7.7 8.5 5.11% 6M 6M 18D ICICI Prudential Ultra Short Term Fund Growth ₹20.9015
↑ 0.00 ₹5,571 1,000 2.5 3.5 7.6 7.5 8.4 6.18% 3M 25D 4M 10D Kotak Savings Fund Growth ₹32.9579
↑ 0.00 ₹9,189 1,000 2.1 3.6 7 7.3 7.8 4.27% 6M 6M 7D Invesco India Ultra Short Term Fund Growth ₹2,087.15
↑ 0.23 ₹602 1,000 1.8 3.2 6.4 7 7.6 3.82% 5M 5D 5M 13D Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 5 Aug 20
*Above is list of best Ultra-Short funds are having AUM/Net Assets above 100 Crore. Sorted on Last 1 Year Return.
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 (Erstwhile Kotak Treasury Advantage Fund) The investment objective of the Scheme is to generate returns through investments in debt and money market instruments with a view to reduce the interest rate risk. However, there is no assurance or guarantee that the investment objective of the scheme will be achieved. Kotak Savings Fund is a Debt - Ultrashort Bond fund was launched on 13 Aug 04. It is a fund with Moderately Low risk and has given a Below is the key information for Kotak Savings Fund Returns up to 1 year are on (Erstwhile Invesco India Medium Term Bond Fund) The objective is to generate regular income and capital appreciation by investing in a portfolio of medium term debt and money market instruments. Invesco India Ultra Short Term Fund is a Debt - Ultrashort Bond fund was launched on 30 Dec 10. It is a fund with Moderate risk and has given a Below is the key information for Invesco India Ultra Short Term Fund Returns up to 1 year are on 1. IDBI Ultra Short Term Fund
CAGR/Annualized return of 7.8% since its launch. Ranked 78 in Ultrashort Bond category. Return for 2019 was 6.9% , 2018 was 6.9% and 2017 was 5.8% . IDBI Ultra Short Term Fund
Growth Launch Date 3 Sep 10 NAV (05 Aug 20) ₹2,109.62 ↑ 0.21 (0.01 %) Net Assets (Cr) ₹169 on 30 Jun 20 Category Debt - Ultrashort Bond AMC IDBI Asset Management Limited Rating ☆ Risk Moderately Low Expense Ratio 0.89 Sharpe Ratio 1.65 Information Ratio 0 Alpha Ratio 0 Min Investment 5,000 Min SIP Investment 500 Exit Load NIL Yield to Maturity 4.88% Effective Maturity 3 Months 18 Days Modified Duration 3 Months 4 Days Growth of 10,000 investment over the years.
Date Value 31 Jul 15 ₹10,000 31 Jul 16 ₹10,790 31 Jul 17 ₹11,493 31 Jul 18 ₹12,194 31 Jul 19 ₹12,508 31 Jul 20 ₹13,839 Returns for IDBI Ultra Short Term Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 5 Aug 20 Duration Returns 1 Month 0.6% 3 Month 1.9% 6 Month 2.5% 1 Year 10.6% 3 Year 6.4% 5 Year 6.7% 10 Year 15 Year Since launch 7.8% Historical performance (Yearly) on absolute basis
Year Returns 2019 6.9% 2018 6.9% 2017 5.8% 2016 7.9% 2015 7.8% 2014 8.7% 2013 9.2% 2012 9.7% 2011 9.3% 2010 Fund Manager information for IDBI Ultra Short Term Fund
Name Since Tenure Bhupesh Kalyani 1 Feb 17 3.41 Yr. Data below for IDBI Ultra Short Term Fund as on 30 Jun 20
Asset Allocation
Asset Class Value Cash 77.53% Debt 22.47% Debt Sector Allocation
Sector Value Cash Equivalent 77.53% Corporate 12.63% Government 9.84% Credit Quality
Rating Value A 25.32% AA 36.66% AAA 38.02% Top Securities Holdings / Portfolio
Name Holding Value Quantity Treps
CBLO/Reverse Repo | -60% ₹101 Cr 10,146,455
↑ 5,068,602 91 DTB 16072020
Sovereign Bonds | -15% ₹25 Cr 2,500,000
↑ 2,500,000 Punjab National Bank
Debentures | -10% ₹17 Cr 1,700,000 Vedanta Limited
Debentures | -6% ₹10 Cr 1,050,000 J.K.Cement Limited
Debentures | -5% ₹8 Cr 2,500,000 Axis Bank Limited
Debentures | -2% ₹4 Cr 370,000 J.K.Cement Limited
Debentures | -2% ₹3 Cr 900,000 Net Receivable / Payable
Net Current Assets | -1% ₹2 Cr 2. Aditya Birla Sun Life Savings Fund
CAGR/Annualized return of 7.8% since its launch. Ranked 6 in Ultrashort Bond category. Return for 2019 was 8.5% , 2018 was 7.6% and 2017 was 7.2% . Aditya Birla Sun Life Savings Fund
Growth Launch Date 16 Apr 03 NAV (05 Aug 20) ₹410.417 ↑ 0.07 (0.02 %) Net Assets (Cr) ₹11,830 on 30 Jun 20 Category Debt - Ultrashort Bond AMC Birla Sun Life Asset Management Co Ltd Rating ☆☆☆☆☆ Risk Moderately Low Expense Ratio 0.35 Sharpe Ratio 5.56 Information Ratio 0 Alpha Ratio 0 Min Investment 1,000 Min SIP Investment 1,000 Exit Load NIL Yield to Maturity 5.11% Effective Maturity 6 Months 18 Days Modified Duration 6 Months Growth of 10,000 investment over the years.
Date Value 31 Jul 15 ₹10,000 31 Jul 16 ₹10,912 31 Jul 17 ₹11,819 31 Jul 18 ₹12,589 31 Jul 19 ₹13,699 31 Jul 20 ₹14,792 Returns for Aditya Birla Sun Life Savings Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 5 Aug 20 Duration Returns 1 Month 0.6% 3 Month 2.8% 6 Month 4.1% 1 Year 7.9% 3 Year 7.7% 5 Year 8.1% 10 Year 15 Year Since launch 7.8% Historical performance (Yearly) on absolute basis
Year Returns 2019 8.5% 2018 7.6% 2017 7.2% 2016 9.2% 2015 8.9% 2014 9.7% 2013 9.5% 2012 9.7% 2011 9.2% 2010 5.8% Fund Manager information for Aditya Birla Sun Life Savings Fund
Name Since Tenure Sunaina Cunha 11 Oct 14 5.72 Yr. Kaustubh Gupta 15 Jul 11 8.97 Yr. Data below for Aditya Birla Sun Life Savings Fund as on 30 Jun 20
Asset Allocation
Asset Class Value Cash 39.95% Debt 60.05% Debt Sector Allocation
Sector Value Corporate 68.42% Government 15.54% Cash Equivalent 15.39% Securitized 0.65% Credit Quality
Rating Value AA 10.75% AAA 89.25% Top Securities Holdings / Portfolio
Name Holding Value Quantity Net Receivables / (Payables)
Net Current Assets | -9% -₹1,031 Cr Reliance Industries Limited
Commercial Paper | -6% ₹705 Cr 14,500
↑ 14,500 Housing Development Finance Corporation Limited
Commercial Paper | -3% ₹377 Cr 7,762
↓ -500 Bank Of Baroda
Certificate of Deposit | -3% ₹376 Cr 38,500
↑ 38,500 Clearing Corporation Of India Limited
CBLO | -3% ₹375 Cr Shriram Transport Finance Company Limited
Debentures | -3% ₹361 Cr 3,750 Rec Limited
Debentures | -3% ₹354 Cr 3,450
↑ 200 IndusInd Bank Limited
Certificate of Deposit | -3% ₹336 Cr 35,000 Export-Import Bank Of India
Commercial Paper | -3% ₹322 Cr 6,500
↑ 6,500 Rural Electrification Corporation Limited
Debentures | -2% ₹295 Cr 2,900 3. ICICI Prudential Ultra Short Term Fund
CAGR/Annualized return of 8.3% since its launch. Ranked 27 in Ultrashort Bond category. Return for 2019 was 8.4% , 2018 was 7.5% and 2017 was 6.9% . ICICI Prudential Ultra Short Term Fund
Growth Launch Date 3 May 11 NAV (05 Aug 20) ₹20.9015 ↑ 0.00 (0.02 %) Net Assets (Cr) ₹5,571 on 30 Jun 20 Category Debt - Ultrashort Bond AMC ICICI Prudential Asset Management Company Limited Rating ☆☆☆ Risk Moderate Expense Ratio 1.09 Sharpe Ratio 5.32 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 6.18% Effective Maturity 4 Months 10 Days Modified Duration 3 Months 25 Days Growth of 10,000 investment over the years.
Date Value 31 Jul 15 ₹10,000 31 Jul 16 ₹10,932 31 Jul 17 ₹11,882 31 Jul 18 ₹12,636 31 Jul 19 ₹13,702 31 Jul 20 ₹14,750 Returns for ICICI Prudential Ultra Short Term Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 5 Aug 20 Duration Returns 1 Month 0.6% 3 Month 2.5% 6 Month 3.5% 1 Year 7.6% 3 Year 7.5% 5 Year 8.1% 10 Year 15 Year Since launch 8.3% Historical performance (Yearly) on absolute basis
Year Returns 2019 8.4% 2018 7.5% 2017 6.9% 2016 9.8% 2015 9.1% 2014 14.8% 2013 3.1% 2012 9.4% 2011 2010 Fund Manager information for ICICI Prudential Ultra Short Term Fund
Name Since Tenure Manish Banthia 15 Nov 16 3.63 Yr. Ritesh Lunawat 15 Jun 17 3.05 Yr. Data below for ICICI Prudential Ultra Short Term Fund as on 30 Jun 20
Asset Allocation
Asset Class Value Cash 55.26% Debt 44.74% Debt Sector Allocation
Sector Value Corporate 64.28% Cash Equivalent 34.91% Government 0.81% Credit Quality
Rating Value A 5.29% AA 41.81% AAA 52.89% Top Securities Holdings / Portfolio
Name Holding Value Quantity Treps
CBLO/Reverse Repo | -8% ₹442 Cr MANAPPURAM FINANCE LIMITED
Debentures | -4% ₹205 Cr 2,000 JSW Energy Limited
Debentures | -4% ₹201 Cr 2,000 Rural Electrification Corporation Limited
Debentures | -3% ₹177 Cr 1,750 Tata Value Homes Limited
Debentures | -3% ₹152 Cr 1,500 Aspire Home Finance Corporation Limited
Debentures | -3% ₹151 Cr 1,500 84 DTB 20082020
Sovereign Bonds | -3% ₹149 Cr 15,000,000 AU Small Finance Bank Limited
Certificate of Deposit | -3% ₹147 Cr 15,000 Bharti Telecom Limited
Debentures | -2% ₹127 Cr 1,250 Bahadur Chand Investments Private Limited
Debentures | -2% ₹125 Cr 1,250 4. Kotak Savings Fund
CAGR/Annualized return of 7.7% since its launch. Ranked 44 in Ultrashort Bond category. Return for 2019 was 7.8% , 2018 was 7.4% and 2017 was 6.7% . Kotak Savings Fund
Growth Launch Date 13 Aug 04 NAV (05 Aug 20) ₹32.9579 ↑ 0.00 (0.01 %) Net Assets (Cr) ₹9,189 on 30 Jun 20 Category Debt - Ultrashort Bond AMC Kotak Mahindra Asset Management Co Ltd Rating ☆☆☆ Risk Moderately Low Expense Ratio 0.68 Sharpe Ratio 8.26 Information Ratio 0 Alpha Ratio 0 Min Investment 5,000 Min SIP Investment 1,000 Exit Load NIL Yield to Maturity 4.27% Effective Maturity 6 Months 7 Days Modified Duration 6 Months Growth of 10,000 investment over the years.
Date Value 31 Jul 15 ₹10,000 31 Jul 16 ₹10,826 31 Jul 17 ₹11,643 31 Jul 18 ₹12,399 31 Jul 19 ₹13,417 31 Jul 20 ₹14,369 Returns for Kotak Savings Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 5 Aug 20 Duration Returns 1 Month 0.4% 3 Month 2.1% 6 Month 3.6% 1 Year 7% 3 Year 7.3% 5 Year 7.5% 10 Year 15 Year Since launch 7.7% Historical performance (Yearly) on absolute basis
Year Returns 2019 7.8% 2018 7.4% 2017 6.7% 2016 8.2% 2015 8.6% 2014 9.4% 2013 8.9% 2012 9.6% 2011 9.2% 2010 5.7% Fund Manager information for Kotak Savings Fund
Name Since Tenure Deepak Agrawal 15 Apr 08 12.22 Yr. Data below for Kotak Savings Fund as on 30 Jun 20
Asset Allocation
Asset Class Value Cash 34.55% Debt 65.45% Debt Sector Allocation
Sector Value Corporate 42.86% Cash Equivalent 28.42% Government 24.91% Securitized 3.81% Credit Quality
Rating Value AA 10.67% AAA 89.33% Top Securities Holdings / Portfolio
Name Holding Value Quantity National Bank For Agriculture And Rural Development
Debentures | -6% ₹557 Cr 5,520
↑ 5,500 Triparty Repo
CBLO/Reverse Repo | -6% ₹508 Cr Export-Import Bank Of India
Commercial Paper | -5% ₹493 Cr 10,000
↑ 10,000 HDB Financial Services Limited
Debentures | -5% ₹491 Cr 4,000
↑ 4,000 Bharti Telecom Limited
Debentures | -5% ₹448 Cr 4,400
↑ 1,400 Kotak Mahindra Prime Limited
Debentures | -4% ₹368 Cr 3,000
↑ 3,000 BAJAJ HOUSING FINANCE LIMITED
Debentures | -4% ₹346 Cr 3,000
↑ 3,000 08.04 CG SDL 2020
Sovereign Bonds | -4% ₹334 Cr 32,925,000 8.55% U.P. GS 2020
Sovereign Bonds | -3% ₹305 Cr 30,000,000 National Bank For Agriculture And Rural Development
Certificate of Deposit | -3% ₹289 Cr 30,000
↑ 30,000 5. Invesco India Ultra Short Term Fund
CAGR/Annualized return of 8% since its launch. Ranked 40 in Ultrashort Bond category. Return for 2019 was 7.6% , 2018 was 7.3% and 2017 was 7.1% . Invesco India Ultra Short Term Fund
Growth Launch Date 30 Dec 10 NAV (05 Aug 20) ₹2,087.15 ↑ 0.23 (0.01 %) Net Assets (Cr) ₹602 on 30 Jun 20 Category Debt - Ultrashort Bond AMC Invesco Asset Management (India) Private Ltd Rating ☆☆☆ Risk Moderate Expense Ratio 0.55 Sharpe Ratio 7.18 Information Ratio 0 Alpha Ratio 0 Min Investment 5,000 Min SIP Investment 1,000 Exit Load NIL Yield to Maturity 3.82% Effective Maturity 5 Months 13 Days Modified Duration 5 Months 5 Days Growth of 10,000 investment over the years.
Date Value 31 Jul 15 ₹10,000 31 Jul 16 ₹10,947 31 Jul 17 ₹11,847 31 Jul 18 ₹12,614 31 Jul 19 ₹13,635 31 Jul 20 ₹14,519 Returns for Invesco India Ultra Short Term Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 5 Aug 20 Duration Returns 1 Month 0.3% 3 Month 1.8% 6 Month 3.2% 1 Year 6.4% 3 Year 7% 5 Year 7.7% 10 Year 15 Year Since launch 8% Historical performance (Yearly) on absolute basis
Year Returns 2019 7.6% 2018 7.3% 2017 7.1% 2016 9.1% 2015 8.3% 2014 10.1% 2013 6.1% 2012 8.9% 2011 8.2% 2010 Fund Manager information for Invesco India Ultra Short Term Fund
Name Since Tenure Sujoy Das 4 Jan 20 0.49 Yr. Krishna Cheemalapati 4 Jan 20 0.49 Yr. Data below for Invesco India Ultra Short Term Fund as on 30 Jun 20
Asset Allocation
Asset Class Value Cash 42.34% Debt 57.66% Debt Sector Allocation
Sector Value Corporate 51.72% Government 31.15% Cash Equivalent 17.13% Credit Quality
Rating Value AAA 100% Top Securities Holdings / Portfolio
Name Holding Value Quantity Triparty Repo
CBLO/Reverse Repo | -11% ₹69 Cr GOVT STOCK
Sovereign Bonds | -9% ₹56 Cr 5,500,000
↑ 2,000,000 Housing Development Finance Corporation Limited
Debentures | -8% ₹51 Cr 5,000,000 Invesco India Liquid Dir Gr
Investment Fund | -8% ₹50 Cr 181,772 Larsen And Toubro Limited
Commercial Paper | -8% ₹49 Cr 5,000,000 Axis Bank Limited
Certificate of Deposit | -6% ₹34 Cr 3,500,000 Kotak Mahindra Prime Limited
Debentures | -5% ₹31 Cr 2,500,000
↑ 2,500,000 Net Receivables / (Payables)
Net Current Assets | -5% -₹30 Cr Small Industries Development Bank Of India
Debentures | -4% ₹25 Cr 2,500,000 Housing And Urban Development Corporation Ltd.
Debentures | -4% ₹25 Cr 2,500,000
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