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5 Best Performing Ultra Short Term Debt Funds for SIP 2019 | Fincash.com

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5 Best Ultra Short Term Debt Funds for SIP 2019

Updated on February 17, 2019 , 33 views

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 19 - 20

FundNAVNet Assets (Cr)Min SIP Investment3 MO (%)6 MO (%)1 YR (%)3 YR (%)2018 (%)Debt Yield (YTM)Mod. DurationEff. Maturity
Franklin India Ultra Short Bond Fund - Super Institutional Plan Growth ₹25.9825
↑ 0.01
₹16,095 500 2.859.298.70%6M 8D
Aditya Birla Sun Life Savings Fund Growth ₹365.237
↑ 0.17
₹14,051 1,000 2.44.388.17.68.37%4M 17D5M 5D
BOI AXA Ultra Short Duration Fund Growth ₹2,239.07
↑ 1.30
₹322 1,000 23.87.78.37.68.5%4M 2D4M 20D
Indiabulls Ultra Short Term Fund Growth ₹1,793.65
↑ 1.27
₹566 500 2.13.77.47.77.10%
UTI Ultra Short Term Fund Growth ₹3,000.75
↑ 1.53
₹5,488 2,500 23.67.27.578.8%2M 21D4M 12D
Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 18 Feb 19

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.

Franklin India Ultra Short Bond Fund - Super Institutional Plan is a Debt - Ultrashort Bond fund was launched on 18 Dec 07. It is a fund with Moderate risk and has given a CAGR/Annualized return of 8.9% since its launch.  Return for 2018 was 8.7% , 2017 was 8.2% and 2016 was 9.7% .

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 (18 Feb 19) ₹25.9825 ↑ 0.01   (0.04 %)
Net Assets (Cr) ₹16,095 on 31 Jan 19
Category Debt - Ultrashort Bond
AMC Franklin Templeton Asst Mgmt(IND)Pvt Ltd
Rating
Risk Moderate
Expense Ratio 0.37
Sharpe Ratio 8.08
Information Ratio 3.52
Alpha Ratio -4.38
Min Investment 10,000
Min SIP Investment 500
Exit Load NIL
Yield to Maturity 0%
Effective Maturity 6 Months 8 Days
Modified Duration

Growth of 10,000 investment over the years.

DateValue
31 Jan 14₹10,000
31 Jan 15₹11,005
31 Jan 16₹12,051
31 Jan 17₹13,248
31 Jan 18₹14,304
31 Jan 19₹15,603

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

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual Returns:
%
Total investment amount is ₹180,000
expected amount after 3 Years is ₹209,201.
Net Profit of ₹29,201
Invest Now

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 18 Feb 19

DurationReturns
1 Month 0.8%
3 Month 2.8%
6 Month 5%
1 Year 9.2%
3 Year 9%
5 Year 9.3%
10 Year
15 Year
Since launch 8.9%
Historical performance (Yearly) on absolute basis
YearReturns
2018 8.7%
2017 8.2%
2016 9.7%
2015 9.7%
2014 10%
2013 10%
2012 10.3%
2011 9.4%
2010 5.9%
2009 6.1%
Fund Manager information for Franklin India Ultra Short Bond Fund - Super Institutional Plan
NameSinceTenure
Santosh Kamath25 Oct 180.27 Yr.
Pallab Roy1 Jun 0810.67 Yr.

Data below for Franklin India Ultra Short Bond Fund - Super Institutional Plan as on 31 Jan 19

Asset Allocation
Asset ClassValue
Cash22.39%
Debt71.78%
Other5.83%
Debt Sector Allocation
SectorValue
Corporate78.34%
Cash Equivalent13.38%
Government2.45%
Credit Quality
RatingValue
A43.41%
AA34.43%
AAA22.16%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
Call, Cash & Other Assets
Receivables | -
6%₹939 Cr
Vodafone Mobile Services Limited
Debentures | -
5%₹769 Cr7,990
↑ 1,580
Renew Power Ventures Private Limited
Debentures | -
4%₹674 Cr6,740
Adani Infra (India) Limited
Debentures | -
3%₹543 Cr500
Aditya Birla Retail Limited
Debentures | -
3%₹500 Cr400
Indostar Capital Finance Limited
Debentures | -
3%₹440 Cr4,400
Yes Capital (India) Private Limited
Debentures | -
2%₹377 Cr3,341
↑ 295
EDELWEISS COMMODITIES SERVICES LIMITED
Debentures | -
2%₹375 Cr7,500
Piramal Realty Private Limited
Debentures | -
2%₹350 Cr3,500
Aasan Developers & Constructions Private Limited
Debentures | -
2%₹345 Cr3,450

2. Aditya Birla Sun Life Savings Fund

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 CAGR/Annualized return of 7.8% since its launch.  Ranked 6 in Ultrashort Bond category.  Return for 2018 was 7.6% , 2017 was 7.2% and 2016 was 9.2% .

Below is the key information for Aditya Birla Sun Life Savings Fund

Aditya Birla Sun Life Savings Fund
Growth
Launch Date 16 Apr 03
NAV (18 Feb 19) ₹365.237 ↑ 0.17   (0.05 %)
Net Assets (Cr) ₹14,051 on 31 Jan 19
Category Debt - Ultrashort Bond
AMC Birla Sun Life Asset Management Co Ltd
Rating
Risk Moderately Low
Expense Ratio 0.35
Sharpe Ratio 7.1
Information Ratio 0.78
Alpha Ratio 3.04
Min Investment 1,000
Min SIP Investment 1,000
Exit Load NIL
Yield to Maturity 8.37%
Effective Maturity 5 Months 5 Days
Modified Duration 4 Months 17 Days

Growth of 10,000 investment over the years.

DateValue
31 Jan 14₹10,000
31 Jan 15₹10,967
31 Jan 16₹11,911
31 Jan 17₹13,069
31 Jan 18₹13,947
31 Jan 19₹15,053

Aditya Birla Sun Life Savings Fund SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual Returns:
%
Total investment amount is ₹180,000
expected amount after 3 Years is ₹206,148.
Net Profit of ₹26,148
Invest Now

Returns for Aditya Birla Sun Life Savings Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 18 Feb 19

DurationReturns
1 Month 0.6%
3 Month 2.4%
6 Month 4.3%
1 Year 8%
3 Year 8.1%
5 Year 8.5%
10 Year
15 Year
Since launch 7.8%
Historical performance (Yearly) on absolute basis
YearReturns
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%
2009 5.8%
Fund Manager information for Aditya Birla Sun Life Savings Fund
NameSinceTenure
Sunaina Cunha11 Oct 144.31 Yr.
Kaustubh Gupta15 Jul 117.55 Yr.

Data below for Aditya Birla Sun Life Savings Fund as on 31 Jan 19

Asset Allocation
Asset ClassValue
Cash45.75%
Debt54.25%
Debt Sector Allocation
SectorValue
Corporate45.58%
Cash Equivalent42.06%
Government8.16%
Securitized4.19%
Credit Quality
RatingValue
AA26.06%
AAA73.94%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
Reverse Repo
CBLO/Reverse Repo | -
9%₹1,250 Cr
Vodafone Mobile Services Limited
Debentures | -
5%₹743 Cr7,500
↑ 550
Power Finance Corporation Ltd.
Debentures | -
5%₹684 Cr6,850
↑ 6,850
L & T INFRASTRUCTURE FINANCE COMPANY LIMITED
Commercial Paper | -
3%₹487 Cr10,000
ONGC Petro Additions Limited
Debentures | -
3%₹460 Cr460
Adani Infra (India) Limited
Debentures | -
3%₹382 Cr350
INDUSIND BANK LIMITED
Certificate of Deposit | -
3%₹366 Cr37,500
NRSS XXIX TRANSMISSION LIMITED
Debentures | -
3%₹351 Cr3,500
Parimal Finance Private Limited
Debentures | -
2%₹348 Cr3,500
Net Receivables / (Payables)
Net Current Assets | -
2%₹325 Cr

3. BOI AXA Ultra Short Duration Fund

(Erstwhile BOI AXA Treasury Advantage Fund)

The Scheme seeks to deliver reasonable market related returns with lower risk and higher liquidity through a portfolio of debt and money market instruments. The Scheme is not providing any assured or guaranteed returns. Further, there is also no assurance that the investment objective of the Scheme will be achieved.

BOI AXA Ultra Short Duration Fund is a Debt - Ultrashort Bond fund was launched on 16 Jul 08. It is a fund with Moderately Low risk and has given a CAGR/Annualized return of 7.9% since its launch.  Ranked 9 in Ultrashort Bond category.  Return for 2018 was 7.6% , 2017 was 8% and 2016 was 9.1% .

Below is the key information for BOI AXA Ultra Short Duration Fund

BOI AXA Ultra Short Duration Fund
Growth
Launch Date 16 Jul 08
NAV (18 Feb 19) ₹2,239.07 ↑ 1.30   (0.06 %)
Net Assets (Cr) ₹322 on 31 Jan 19
Category Debt - Ultrashort Bond
AMC BOI AXA Investment Mngrs Private Ltd
Rating
Risk Moderately Low
Expense Ratio 0.65
Sharpe Ratio 10.43
Information Ratio 2.45
Alpha Ratio -2.44
Min Investment 5,000
Min SIP Investment 1,000
Exit Load NIL
Yield to Maturity 8.5%
Effective Maturity 4 Months 20 Days
Modified Duration 4 Months 2 Days

Growth of 10,000 investment over the years.

DateValue
31 Jan 14₹10,000
31 Jan 15₹10,941
31 Jan 16₹11,866
31 Jan 17₹12,994
31 Jan 18₹13,982
31 Jan 19₹15,063

BOI AXA Ultra Short Duration Fund SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual Returns:
%
Total investment amount is ₹180,000
expected amount after 3 Years is ₹206,148.
Net Profit of ₹26,148
Invest Now

Returns for BOI AXA Ultra Short Duration Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 18 Feb 19

DurationReturns
1 Month 0.5%
3 Month 2%
6 Month 3.8%
1 Year 7.7%
3 Year 8.3%
5 Year 8.5%
10 Year
15 Year
Since launch 7.9%
Historical performance (Yearly) on absolute basis
YearReturns
2018 7.6%
2017 8%
2016 9.1%
2015 8.7%
2014 9.3%
2013 9.2%
2012 8.5%
2011 8.2%
2010 5%
2009 4.7%
Fund Manager information for BOI AXA Ultra Short Duration Fund
NameSinceTenure
Nitish Gupta5 Dec 180.16 Yr.
Amit Modani5 Dec 180.16 Yr.

Data below for BOI AXA Ultra Short Duration Fund as on 31 Jan 19

Asset Allocation
Asset ClassValue
Cash62.5%
Debt37.5%
Debt Sector Allocation
SectorValue
Cash Equivalent54.79%
Corporate37.5%
Government7.71%
Credit Quality
RatingValue
A9.32%
AA29.98%
AAA60.71%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
Cblo
CBLO | -
19%₹61 Cr
Piramal Enterprises Limited
Debentures | -
11%₹35 Cr3,500,000
Parimal Finance Private Limited
Debentures | -
11%₹34 Cr3,400,000
Dewan Housing Finance Corporation Limited
Debentures | -
8%₹27 Cr2,700,000
Avendus Finance Private Limited
Debentures | -
8%₹26 Cr2,600,000
Export-Import Bank Of India
Certificate of Deposit | -
8%₹25 Cr2,500,000
45 DCMB 18032019
Sovereign Bonds | -
8%₹25 Cr2,500,000
↑ 2,500,000
Power Finance Corporation Ltd.
Commercial Paper | -
8%₹25 Cr2,500,000
↑ 2,500,000
AXIS BANK LIMITED
Certificate of Deposit | -
7%₹23 Cr2,500,000
HDFC BANK LIMITED
Certificate of Deposit | -
7%₹23 Cr2,500,000
↑ 2,500,000

4. Indiabulls Ultra Short Term Fund

To provide liquidity with returns commensurate 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.

Indiabulls Ultra Short Term Fund is a Debt - Ultrashort Bond fund was launched on 6 Jan 12. It is a fund with Moderately Low risk and has given a CAGR/Annualized return of 8.6% since its launch.  Ranked 17 in Ultrashort Bond category.  Return for 2018 was 7.1% , 2017 was 6.9% and 2016 was 8.8% .

Below is the key information for Indiabulls Ultra Short Term Fund

Indiabulls Ultra Short Term Fund
Growth
Launch Date 6 Jan 12
NAV (18 Feb 19) ₹1,793.65 ↑ 1.27   (0.07 %)
Net Assets (Cr) ₹566 on 31 Jan 19
Category Debt - Ultrashort Bond
AMC Indiabulls Asset Management Company Ltd.
Rating
Risk Moderately Low
Expense Ratio 0.71
Sharpe Ratio 10.39
Information Ratio 1.04
Alpha Ratio -0.15
Min Investment 500
Min SIP Investment 500
Exit Load NIL
Yield to Maturity 0%
Effective Maturity
Modified Duration

Growth of 10,000 investment over the years.

DateValue
31 Jan 14₹10,000
31 Jan 15₹10,946
31 Jan 16₹11,882
31 Jan 17₹12,950
31 Jan 18₹13,827
31 Jan 19₹14,842

Indiabulls Ultra Short Term Fund SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual Returns:
%
Total investment amount is ₹180,000
expected amount after 3 Years is ₹206,148.
Net Profit of ₹26,148
Invest Now

Returns for Indiabulls 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 18 Feb 19

DurationReturns
1 Month 0.6%
3 Month 2.1%
6 Month 3.7%
1 Year 7.4%
3 Year 7.7%
5 Year 8.2%
10 Year
15 Year
Since launch 8.6%
Historical performance (Yearly) on absolute basis
YearReturns
2018 7.1%
2017 6.9%
2016 8.8%
2015 8.8%
2014 9.3%
2013 8.8%
2012
2011
2010
2009
Fund Manager information for Indiabulls Ultra Short Term Fund
NameSinceTenure
Malay Shah22 Aug 144.36 Yr.
Sourabh Sharma17 Jan 190 Yr.

Data below for Indiabulls Ultra Short Term Fund as on 31 Jan 19

Asset Allocation
Asset ClassValue
Cash73.32%
Debt26.68%
Debt Sector Allocation
SectorValue
Corporate55.75%
Cash Equivalent44.25%
Credit Quality
RatingValue
AA9.49%
AAA90.51%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
Kotak Mahindra Bank Limited
Certificate of Deposit | -
10%₹54 Cr5,500,000
↑ 5,500,000
Indiabulls Housing Finance Limited
Debentures | -
9%₹50 Cr5,000,000
TALWANDI SABO POWER LTD
Debentures | -
9%₹50 Cr5,000,000
Cholamandalam Investment And Fin. Co. Ltd
Commercial Paper | -
9%₹49 Cr5,000,000
Net Receivable/Payable
Net Current Assets | -
6%₹34 Cr
Dewan Housing Finance Corporation Limited
Debentures | -
6%₹33 Cr2,050,000
Small Industries Development Bank Of India
Certificate of Deposit | -
5%₹26 Cr2,620,000
NATIONAL BANK FOR AGRICULTURE AND RURAL DEVELOPMENT
Commercial Paper | -
4%₹25 Cr2,500,000
↑ 2,500,000
Tata Capital Financial Services Limited
Debentures | -
4%₹25 Cr2,500,000
↑ 2,000,000
Edelweiss Commodities Services Limited
Commercial Paper | -
4%₹25 Cr2,500,000

5. UTI Ultra Short Term Fund

(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 CAGR/Annualized return of 7.4% since its launch.  Ranked 27 in Ultrashort Bond category.  Return for 2018 was 7% , 2017 was 6.6% and 2016 was 8.9% .

Below is the key information for UTI Ultra Short Term Fund

UTI Ultra Short Term Fund
Growth
Launch Date 29 Aug 03
NAV (18 Feb 19) ₹3,000.75 ↑ 1.53   (0.05 %)
Net Assets (Cr) ₹5,488 on 31 Jan 19
Category Debt - Ultrashort Bond
AMC UTI Asset Management Company Ltd
Rating
Risk Moderately Low
Expense Ratio 1.16
Sharpe Ratio 8.38
Information Ratio 0
Alpha Ratio 0
Min Investment 5,000
Min SIP Investment 2,500
Exit Load NIL
Yield to Maturity 8.8%
Effective Maturity 4 Months 12 Days
Modified Duration 2 Months 21 Days

Growth of 10,000 investment over the years.

DateValue
31 Jan 14₹10,000
31 Jan 15₹10,885
31 Jan 16₹11,793
31 Jan 17₹12,866
31 Jan 18₹13,685
31 Jan 19₹14,667

UTI Ultra Short Term Fund SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual Returns:
%
Total investment amount is ₹180,000
expected amount after 3 Years is ₹203,125.
Net Profit of ₹23,125
Invest Now

Returns for UTI 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 18 Feb 19

DurationReturns
1 Month 0.5%
3 Month 2%
6 Month 3.6%
1 Year 7.2%
3 Year 7.5%
5 Year 7.9%
10 Year
15 Year
Since launch 7.4%
Historical performance (Yearly) on absolute basis
YearReturns
2018 7%
2017 6.6%
2016 8.9%
2015 8.5%
2014 8.8%
2013 9.8%
2012 9%
2011 8.2%
2010 5.4%
2009 6%
Fund Manager information for UTI Ultra Short Term Fund
NameSinceTenure
Sudhir Agarwal1 Jul 153.59 Yr.
Ritesh Nambiar1 Jul 153.59 Yr.

Data below for UTI Ultra Short Term Fund as on 31 Jan 19

Asset Allocation
Asset ClassValue
Cash64.3%
Debt35.7%
Debt Sector Allocation
SectorValue
Cash Equivalent61.59%
Corporate38.41%
Government0%
Credit Quality
RatingValue
AA44.88%
AAA55.12%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
Net Current Assets
Net Current Assets | -
29%₹1,579 Cr00
PIRAMAL ENTERPRISES LIMITED
Commercial Paper | -
5%₹249 Cr2,500,000,000
NTPC Limited
Commercial Paper | -
5%₹247 Cr2,500,000,000
Shriram Transport Finance Company Limited
Debentures | -
4%₹247 Cr2,500
Avanse Financial Services Limited
Debentures | -
4%₹234 Cr2,350
Edelweiss Commodities Services Limited
Debentures | -
4%₹200 Cr2,000
Indiabulls Consumer Finance Ltd
Commercial Paper | -
4%₹198 Cr2,000,000,000
↑ 2,000,000,000
Business Broadcast News Holdings Limited
Debentures | -
3%₹159 Cr1,500
Shriram Transport Finance Company Limited
Debentures | -
3%₹150 Cr1,500
Small Industries Development Bank Of India
Debentures | -
2%₹125 Cr1,250

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.
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