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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 Aditya Birla Sun Life Savings Fund Growth ₹415.352
↑ 0.20 ₹14,532 1,000 1.4 4.3 7.4 7.7 8.5 4.51% 5M 26D 6M 18D ICICI Prudential Ultra Short Term Fund Growth ₹21.1709
↑ 0.01 ₹7,413 1,000 1.5 3.8 7.2 7.5 8.4 5.24% 5M 8D 6M Kotak Savings Fund Growth ₹33.2441
↑ 0.01 ₹11,072 1,000 1 3.3 6.3 7.1 7.8 4.1% 5M 16D 5M 26D UTI Ultra Short Term Fund Growth ₹3,205.24
↑ 1.14 ₹1,569 2,500 1.1 2.9 5.6 5.2 3.3 5.36% 4M 4D 4M 6D Invesco India Ultra Short Term Fund Growth ₹2,101.88
↑ 0.69 ₹589 1,000 0.8 2.8 5.6 6.8 7.6 3.91% 4M 30D 5M 7D Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 19 Oct 20
*Above is list of best Ultra-Short funds are having AUM/Net Assets above 100 Crore. Sorted on Last 1 Year Return.
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 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 (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. 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 (19 Oct 20) ₹415.352 ↑ 0.20 (0.05 %) Net Assets (Cr) ₹14,532 on 30 Sep 20 Category Debt - Ultrashort Bond AMC Birla Sun Life Asset Management Co Ltd Rating ☆☆☆☆☆ Risk Moderately Low Expense Ratio 0.35 Sharpe Ratio 2.52 Information Ratio 0 Alpha Ratio 0 Min Investment 1,000 Min SIP Investment 1,000 Exit Load NIL Yield to Maturity 4.51% Effective Maturity 6 Months 18 Days Modified Duration 5 Months 26 Days Growth of 10,000 investment over the years.
Date Value 30 Sep 15 ₹10,000 30 Sep 16 ₹10,926 30 Sep 17 ₹11,772 30 Sep 18 ₹12,546 30 Sep 19 ₹13,688 30 Sep 20 ₹14,715 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 Oct 20 Duration Returns 1 Month 0.6% 3 Month 1.4% 6 Month 4.3% 1 Year 7.4% 3 Year 7.7% 5 Year 8% 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 5.98 Yr. Kaustubh Gupta 15 Jul 11 9.22 Yr. Data below for Aditya Birla Sun Life Savings Fund as on 30 Sep 20
Asset Allocation
Asset Class Value Cash 50.75% Debt 49.25% Debt Sector Allocation
Sector Value Corporate 53.51% Cash Equivalent 32.97% Government 13.01% Securitized 0.51% Credit Quality
Rating Value AA 10.3% AAA 89.7% Top Securities Holdings / Portfolio
Name Holding Value Quantity Mahindra & Mahindra Financial Services Limited
Debentures | -3% ₹453 Cr 4,450 Shriram Transport Finance Company Limited
Debentures | -3% ₹371 Cr 3,750 REC Limited
Debentures | -2% ₹331 Cr 3,200 Housing Development Finance Corporation Limited
Debentures | -2% ₹295 Cr 2,925 Rural Electrification Corporation Limited
Debentures | -2% ₹270 Cr 2,650 6.81% MH SDL 2020
Sovereign Bonds | -2% ₹261 Cr 26,000,000 Muthoot Finance Limited
Debentures | -2% ₹242 Cr 2,350 182 DTB 17122020
Sovereign Bonds | -2% ₹233 Cr 23,500,000
↑ 23,500,000 Reliance Industries Limited
Debentures | -2% ₹233 Cr 2,315 Rural Electrification Corporation Limited
Debentures | -2% ₹231 Cr 2,250 2. ICICI Prudential Ultra Short Term Fund
CAGR/Annualized return of 8.2% 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 (19 Oct 20) ₹21.1709 ↑ 0.01 (0.05 %) Net Assets (Cr) ₹7,413 on 30 Sep 20 Category Debt - Ultrashort Bond AMC ICICI Prudential Asset Management Company Limited Rating ☆☆☆ Risk Moderate Expense Ratio 0.96 Sharpe Ratio 2.42 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 5.24% Effective Maturity 6 Months Modified Duration 5 Months 8 Days Growth of 10,000 investment over the years.
Date Value 30 Sep 15 ₹10,000 30 Sep 16 ₹10,952 30 Sep 17 ₹11,818 30 Sep 18 ₹12,566 30 Sep 19 ₹13,656 30 Sep 20 ₹14,655 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 Oct 20 Duration Returns 1 Month 0.6% 3 Month 1.5% 6 Month 3.8% 1 Year 7.2% 3 Year 7.5% 5 Year 7.9% 10 Year 15 Year Since launch 8.2% 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 3.88 Yr. Ritesh Lunawat 15 Jun 17 3.3 Yr. Data below for ICICI Prudential Ultra Short Term Fund as on 30 Sep 20
Asset Allocation
Asset Class Value Cash 54.17% Debt 45.83% Debt Sector Allocation
Sector Value Corporate 54.84% Cash Equivalent 41.9% Government 3.26% Credit Quality
Rating Value A 2.97% AA 28.79% AAA 68.24% Top Securities Holdings / Portfolio
Name Holding Value Quantity REC Limited
Debentures | -4% ₹293 Cr 2,850
↑ 2,850 Reliance Ports and Terminals Limited
Debentures | -3% ₹212 Cr 2,019
↑ 992 Manappuram Finance Limited
Debentures | -3% ₹206 Cr 2,000 Housing Development Finance Corporation Limited
Debentures | -2% ₹153 Cr 1,500
↑ 1,500 Housing Development Finance Corporation Limited
Debentures | -2% ₹152 Cr 1,500 Tata Value Homes Limited
Debentures | -2% ₹151 Cr 1,500 Aspire Home Finance Corporation Limited
Debentures | -2% ₹151 Cr 1,500 LIC Housing Finance Limited
Debentures | -2% ₹147 Cr 1,450
↑ 450 Reliance Industries Limited
Debentures | -2% ₹141 Cr 1,400 Power Finance Corporation Limited
Debentures | -2% ₹139 Cr 1,350
↑ 1,350 3. 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 (19 Oct 20) ₹33.2441 ↑ 0.01 (0.03 %) Net Assets (Cr) ₹11,072 on 30 Sep 20 Category Debt - Ultrashort Bond AMC Kotak Mahindra Asset Management Co Ltd Rating ☆☆☆ Risk Moderately Low Expense Ratio 0.48 Sharpe Ratio 2.57 Information Ratio 0 Alpha Ratio 0 Min Investment 5,000 Min SIP Investment 1,000 Exit Load NIL Yield to Maturity 4.1% Effective Maturity 5 Months 26 Days Modified Duration 5 Months 16 Days Growth of 10,000 investment over the years.
Date Value 30 Sep 15 ₹10,000 30 Sep 16 ₹10,828 30 Sep 17 ₹11,595 30 Sep 18 ₹12,350 30 Sep 19 ₹13,391 30 Sep 20 ₹14,262 Returns for Kotak Savings Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 19 Oct 20 Duration Returns 1 Month 0.5% 3 Month 1% 6 Month 3.3% 1 Year 6.3% 3 Year 7.1% 5 Year 7.3% 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 12.47 Yr. Data below for Kotak Savings Fund as on 30 Sep 20
Asset Allocation
Asset Class Value Cash 55.84% Debt 44.16% Debt Sector Allocation
Sector Value Cash Equivalent 48.76% Corporate 38.12% Government 10.56% Securitized 2.56% Credit Quality
Rating Value AA 11.7% AAA 88.3% Top Securities Holdings / Portfolio
Name Holding Value Quantity 7.80% GOI Floating Rate Bonds 2020
Sovereign Bonds | -12% ₹1,321 Cr 132,100,000 8.12% Govt Stock 2020
Sovereign Bonds | -7% ₹721 Cr 71,500,000
↓ -70,000,000 Housing Development Finance Corporation Limited
Debentures | -5% ₹586 Cr 5,750
↑ 1,250 Bharti Telecom Limited
Debentures | -5% ₹549 Cr 5,400 Rural Electrification Corporation Limited
Debentures | -4% ₹421 Cr 4,100 Bajaj Housing Finance Limited
Debentures | -3% ₹350 Cr 3,000 Power Finance Corporation Limited
Debentures | -3% ₹320 Cr 3,050 182 DTB 29102020
Sovereign Bonds | -3% ₹299 Cr 30,000,000
↑ 30,000,000 182 DTB 17122020
Sovereign Bonds | -2% ₹248 Cr 25,000,000
↑ 25,000,000 Kotak Mahindra Prime Limited
Debentures | -2% ₹248 Cr 2,000
↓ -1,000 4. UTI Ultra Short Term Fund
CAGR/Annualized return of 7% since its launch. Ranked 27 in Ultrashort Bond category. Return for 2019 was 3.3% , 2018 was 7% and 2017 was 6.6% . UTI Ultra Short Term Fund
Growth Launch Date 29 Aug 03 NAV (19 Oct 20) ₹3,205.24 ↑ 1.14 (0.04 %) Net Assets (Cr) ₹1,569 on 30 Sep 20 Category Debt - Ultrashort Bond AMC UTI Asset Management Company Ltd Rating ☆☆☆☆ Risk Moderately Low Expense Ratio 0.99 Sharpe Ratio 1.53 Information Ratio 0 Alpha Ratio 0 Min Investment 5,000 Min SIP Investment 2,500 Exit Load NIL Yield to Maturity 5.36% Effective Maturity 4 Months 6 Days Modified Duration 4 Months 4 Days Growth of 10,000 investment over the years.
Date Value 30 Sep 15 ₹10,000 30 Sep 16 ₹10,880 30 Sep 17 ₹11,668 30 Sep 18 ₹12,394 30 Sep 19 ₹12,857 30 Sep 20 ₹13,594 Returns for UTI Ultra Short Term Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 19 Oct 20 Duration Returns 1 Month 0.5% 3 Month 1.1% 6 Month 2.9% 1 Year 5.6% 3 Year 5.2% 5 Year 6.3% 10 Year 15 Year Since launch 7% Historical performance (Yearly) on absolute basis
Year Returns 2019 3.3% 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% Fund Manager information for UTI Ultra Short Term Fund
Name Since Tenure Sudhir Agarwal 1 Jul 15 5.26 Yr. Ritesh Nambiar 1 Jul 15 5.26 Yr. Data below for UTI Ultra Short Term Fund as on 30 Sep 20
Asset Allocation
Asset Class Value Cash 66.46% Debt 33.54% Debt Sector Allocation
Sector Value Cash Equivalent 50.76% Corporate 38.08% Government 11.17% Credit Quality
Rating Value A 13.19% AA 1.26% AAA 85.55% Top Securities Holdings / Portfolio
Name Holding Value Quantity Edelweiss Commodities Services Limited
Debentures | -8% ₹121 Cr 1,250 364 DTB 04032021
Sovereign Bonds | -5% ₹74 Cr 750,000,000
↑ 750,000,000 Avanse Financial Services Limited
Debentures | -4% ₹65 Cr 650 8.12% Govt Stock 2020
Sovereign Bonds | -4% ₹55 Cr 550,000,000 Housing Development Finance Corporation Limited
Debentures | -3% ₹51 Cr 500
↑ 500 Tata Capital Housing Finance Limited
Debentures | -3% ₹51 Cr 500 06.99% AP SDL 2020
Sovereign Bonds | -3% ₹50 Cr 500,000,000 Mahindra & Mahindra Financial Services Limited
Debentures | -3% ₹50 Cr 500 National Bank For Agriculture and Rural Development
Debentures | -3% ₹41 Cr 400
↑ 150 6.17% Govt Stock 2021
Sovereign Bonds | -2% ₹36 Cr 350,000,000
↑ 350,000,000 5. Invesco India Ultra Short Term Fund
CAGR/Annualized return of 7.9% 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 (19 Oct 20) ₹2,101.88 ↑ 0.69 (0.03 %) Net Assets (Cr) ₹589 on 30 Sep 20 Category Debt - Ultrashort Bond AMC Invesco Asset Management (India) Private Ltd Rating ☆☆☆ Risk Moderate Expense Ratio 0.53 Sharpe Ratio 1.52 Information Ratio 0 Alpha Ratio 0 Min Investment 5,000 Min SIP Investment 1,000 Exit Load NIL Yield to Maturity 3.91% Effective Maturity 5 Months 7 Days Modified Duration 4 Months 30 Days Growth of 10,000 investment over the years.
Date Value 30 Sep 15 ₹10,000 30 Sep 16 ₹10,934 30 Sep 17 ₹11,787 30 Sep 18 ₹12,541 30 Sep 19 ₹13,577 30 Sep 20 ₹14,364 Returns for Invesco India Ultra Short Term Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 19 Oct 20 Duration Returns 1 Month 0.4% 3 Month 0.8% 6 Month 2.8% 1 Year 5.6% 3 Year 6.8% 5 Year 7.5% 10 Year 15 Year Since launch 7.9% 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 0.74 Yr. Krishna Cheemalapati 4 Jan 20 0.74 Yr. Data below for Invesco India Ultra Short Term Fund as on 30 Sep 20
Asset Allocation
Asset Class Value Cash 58.72% Debt 41.28% Debt Sector Allocation
Sector Value Corporate 36.82% Cash Equivalent 36.34% Government 26.83% Credit Quality
Rating Value AA 1.78% AAA 98.22% Top Securities Holdings / Portfolio
Name Holding Value Quantity 182 DTB 07012021
Sovereign Bonds | -7% ₹40 Cr 4,000,000
↓ -5,000,000 HDB Financial Services Limited
Debentures | -6% ₹38 Cr 3,000,000 8.66% Maharashtra GS 2021
Sovereign Bonds | -5% ₹31 Cr 3,005,600 Kotak Mahindra Prime Limited
Debentures | -5% ₹31 Cr 2,500,000 National Bank For Agriculture and Rural Development
Debentures | -4% ₹26 Cr 2,500,000
↓ -1,000,000 07.03% GJ SDL 2021
Sovereign Bonds | -4% ₹26 Cr 2,500,000 Housing and Urban Development Corporation Limited
Debentures | -4% ₹25 Cr 2,500,000 Small Industries Development Bank of India
Debentures | -4% ₹25 Cr 2,500,000 Reliance Industries Limited
Debentures | -4% ₹25 Cr 2,500,000 Reliance Industries Limited
Debentures | -4% ₹25 Cr 2,500,000
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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