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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 June 21, 2019 , 126 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 ₹26.8006
↓ 0.00
₹18,337 500 2.34.89.78.98.70%6M 18D
Aditya Birla Sun Life Savings Fund Growth ₹375.912
↑ 0.05
₹15,387 1,000 2.24.48.67.97.68.44%5M 26D6M 18D
BOI AXA Ultra Short Duration Fund Growth ₹2,300.14
↑ 0.35
₹298 1,000 23.97.98.17.68.09%4M 20D5M 6D
Indiabulls Ultra Short Term Fund Growth ₹1,843.96
↑ 0.11
₹491 500 2.14.27.97.67.10%
UTI Ultra Short Term Fund Growth ₹2,965.66
↑ 0.42
₹5,226 2,500 -1.803.6679.35%3M 19D4M 24D
Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 21 Jun 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 (21 Jun 19) ₹26.8006 ↓ 0.00   (0.00 %)
Net Assets (Cr) ₹18,337 on 30 Apr 19
Category Debt - Ultrashort Bond
AMC Franklin Templeton Asst Mgmt(IND)Pvt Ltd
Rating
Risk Moderate
Expense Ratio 0.37
Sharpe Ratio 9.05
Information Ratio 3.51
Alpha Ratio -1.24
Min Investment 10,000
Min SIP Investment 500
Exit Load NIL
Yield to Maturity 0%
Effective Maturity 6 Months 18 Days
Modified Duration

Growth of 10,000 investment over the years.

DateValue
31 May 14₹10,000
31 May 15₹10,974
31 May 16₹12,033
31 May 17₹13,162
31 May 18₹14,170
31 May 19₹15,555

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 21 Jun 19

DurationReturns
1 Month 0.8%
3 Month 2.3%
6 Month 4.8%
1 Year 9.7%
3 Year 8.9%
5 Year 9.2%
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 180.43 Yr.
Pallab Roy1 Jun 0810.84 Yr.

Data below for Franklin India Ultra Short Bond Fund - Super Institutional Plan as on 30 Apr 19

Asset Allocation
Asset ClassValue
Cash19.13%
Debt77.51%
Other3.35%
Debt Sector Allocation
SectorValue
Corporate78.3%
Cash Equivalent16.47%
Government1.87%
Credit Quality
RatingValue
A34.68%
AA41.74%
AAA23.58%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
Vodafone Mobile Services Limited
Debentures | -
4%₹768 Cr7,990
Renew Power Ventures Private Limited
Debentures | -
4%₹673 Cr6,740
Call, Cash & Other Assets
Receivables | -
3%₹615 Cr
ONGC Petro Additions Limited
Debentures | -
3%₹500 Cr500
Indostar Capital Finance Limited
Debentures | -
2%₹441 Cr4,400
INDOSTAR CAPITAL FINANCE LIMITED
Debentures | -
2%₹391 Cr3,900
↑ 3,900
EDELWEISS COMMODITIES SERVICES LIMITED
Debentures | -
2%₹375 Cr7,500
EDELWEISS COMMODITIES SERVICES LIMITED
Debentures | -
2%₹365 Cr3,650
Yes Capital (India) Private Limited
Debentures | -
2%₹352 Cr3,037
Piramal Realty Private Limited
Debentures | -
2%₹351 Cr3,500

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 (21 Jun 19) ₹375.912 ↑ 0.05   (0.01 %)
Net Assets (Cr) ₹15,387 on 30 Apr 19
Category Debt - Ultrashort Bond
AMC Birla Sun Life Asset Management Co Ltd
Rating
Risk Moderately Low
Expense Ratio 0.35
Sharpe Ratio 9.37
Information Ratio 0.61
Alpha Ratio 3.2
Min Investment 1,000
Min SIP Investment 1,000
Exit Load NIL
Yield to Maturity 8.44%
Effective Maturity 6 Months 18 Days
Modified Duration 5 Months 26 Days

Growth of 10,000 investment over the years.

DateValue
31 May 14₹10,000
31 May 15₹10,922
31 May 16₹11,908
31 May 17₹12,918
31 May 18₹13,782
31 May 19₹14,986

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 21 Jun 19

DurationReturns
1 Month 0.7%
3 Month 2.2%
6 Month 4.4%
1 Year 8.6%
3 Year 7.9%
5 Year 8.4%
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 30 Apr 19

Asset Allocation
Asset ClassValue
Cash40.33%
Debt59.67%
Debt Sector Allocation
SectorValue
Corporate42.42%
Cash Equivalent40.17%
Government13.09%
Securitized4.33%
Credit Quality
RatingValue
A5.5%
AA16.64%
AAA77.86%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
Vodafone Mobile Services Limited
Debentures | -
5%₹800 Cr8,050
Net Receivables / (Payables)
Net Current Assets | -
3%₹461 Cr
ONGC Petro Additions Limited
Debentures | -
3%₹460 Cr460
PNB Housing Finance Limited
Debentures | -
3%₹397 Cr4,000
PIRAMAL CAPITAL & HOUSING FINANCE LIMITED
Commercial Paper | -
2%₹374 Cr7,500
NRSS XXIX TRANSMISSION LIMITED
Debentures | -
2%₹351 Cr3,500
Shriram Transport Finance Company Limited
Debentures | -
2%₹349 Cr3,500
IndusInd Bank Limited
Certificate of Deposit | -
2%₹336 Cr35,000
Reliance Industries Limited
Debentures | -
2%₹310 Cr3,150
AXIS BANK LIMITED
Certificate of Deposit | -
2%₹305 Cr32,500

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 (21 Jun 19) ₹2,300.14 ↑ 0.35   (0.02 %)
Net Assets (Cr) ₹298 on 30 Apr 19
Category Debt - Ultrashort Bond
AMC BOI AXA Investment Mngrs Private Ltd
Rating
Risk Moderately Low
Expense Ratio 0.65
Sharpe Ratio 9.77
Information Ratio 2.24
Alpha Ratio -1.27
Min Investment 5,000
Min SIP Investment 1,000
Exit Load NIL
Yield to Maturity 8.09%
Effective Maturity 5 Months 6 Days
Modified Duration 4 Months 20 Days

Growth of 10,000 investment over the years.

DateValue
31 May 14₹10,000
31 May 15₹10,896
31 May 16₹11,861
31 May 17₹12,927
31 May 18₹13,868
31 May 19₹14,976

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 21 Jun 19

DurationReturns
1 Month 0.7%
3 Month 2%
6 Month 3.9%
1 Year 7.9%
3 Year 8.1%
5 Year 8.4%
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 180.49 Yr.
Amit Modani5 Dec 180.49 Yr.

Data below for BOI AXA Ultra Short Duration Fund as on 30 Apr 19

Asset Allocation
Asset ClassValue
Cash91.38%
Debt8.62%
Debt Sector Allocation
SectorValue
Cash Equivalent91.38%
Corporate8.62%
Credit Quality
RatingValue
A8.8%
AA16.75%
AAA74.44%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
Piramal Enterprises Limited
Debentures | -
12%₹35 Cr3,500,000
Avendus Finance Private Limited
Debentures | -
9%₹26 Cr2,600,000
LIC HOUSING FINANCE LIMITED
Commercial Paper | -
8%₹25 Cr2,500,000
NTPC Limited
Commercial Paper | -
8%₹25 Cr2,500,000
ICICI Bank Limited
Certificate of Deposit | -
8%₹25 Cr2,500,000
↑ 2,500,000
AXIS BANK LIMITED
Certificate of Deposit | -
8%₹24 Cr2,500,000
INDUSIND BANK LIMITED
Certificate of Deposit | -
8%₹24 Cr2,500,000
NATIONAL BANK FOR AGRICULTURE AND RURAL DEVELOPMENT
Certificate of Deposit | -
8%₹24 Cr2,500,000
Export-Import Bank Of India
Certificate of Deposit | -
8%₹23 Cr2,500,000
Aditya Birla Finance Limited
Commercial Paper | -
7%₹20 Cr2,000,000
↑ 2,000,000

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 (21 Jun 19) ₹1,843.96 ↑ 0.11   (0.01 %)
Net Assets (Cr) ₹491 on 30 Apr 19
Category Debt - Ultrashort Bond
AMC Indiabulls Asset Management Company Ltd.
Rating
Risk Moderately Low
Expense Ratio 0.71
Sharpe Ratio 8.21
Information Ratio 0.96
Alpha Ratio -0.74
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 May 14₹10,000
31 May 15₹10,927
31 May 16₹11,861
31 May 17₹12,845
31 May 18₹13,697
31 May 19₹14,787

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 21 Jun 19

DurationReturns
1 Month 0.7%
3 Month 2.1%
6 Month 4.2%
1 Year 7.9%
3 Year 7.6%
5 Year 8.1%
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 144.52 Yr.
Sourabh Sharma17 Jan 190.12 Yr.

Data below for Indiabulls Ultra Short Term Fund as on 30 Apr 19

Asset Allocation
Asset ClassValue
Cash83.86%
Debt16.14%
Debt Sector Allocation
SectorValue
Cash Equivalent77.03%
Corporate22.97%
Credit Quality
RatingValue
AA12.9%
AAA87.1%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
Net Receivable/Payable
Net Current Assets | -
38%₹46 Cr
State Bank Of Patiala
Debentures | -
12%₹14 Cr1,420,000
Bank Of Baroda
Certificate of Deposit | -
12%₹14 Cr1,500,000
↓ -1,000,000
TALWANDI SABO POWER LTD
Debentures | -
8%₹10 Cr1,000,000
↓ -4,000,000
Indiabulls Housing Finance Limited
Debentures | -
8%₹10 Cr1,000,000
↓ -1,500,000
HOUSING DEVELOPMENT FINANCE CORPORATION LIMITED
Commercial Paper | -
8%₹9 Cr1,000,000
Treps 03-June-2019
CBLO/Reverse Repo | -
6%₹7 Cr714,000
↑ 714,000
Tata Capital Financial Services Limited
Debentures | -
4%₹5 Cr500,000
↓ -2,000,000
LIC Housing Finance Limited
Debentures | -
3%₹3 Cr300,000

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 7.1% 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 (21 Jun 19) ₹2,965.66 ↑ 0.42   (0.01 %)
Net Assets (Cr) ₹5,226 on 30 Apr 19
Category Debt - Ultrashort Bond
AMC UTI Asset Management Company Ltd
Rating
Risk Moderately Low
Expense Ratio 1.16
Sharpe Ratio 7.75
Information Ratio 0
Alpha Ratio 0
Min Investment 5,000
Min SIP Investment 2,500
Exit Load NIL
Yield to Maturity 9.35%
Effective Maturity 4 Months 24 Days
Modified Duration 3 Months 19 Days

Growth of 10,000 investment over the years.

DateValue
31 May 14₹10,000
31 May 15₹10,863
31 May 16₹11,804
31 May 17₹12,762
31 May 18₹13,560
31 May 19₹14,584

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 21 Jun 19

DurationReturns
1 Month -3%
3 Month -1.8%
6 Month 0%
1 Year 3.6%
3 Year 6%
5 Year 7%
10 Year
15 Year
Since launch 7.1%
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 153.75 Yr.
Ritesh Nambiar1 Jul 153.75 Yr.

Data below for UTI Ultra Short Term Fund as on 30 Apr 19

Asset Allocation
Asset ClassValue
Cash64.92%
Debt35.08%
Debt Sector Allocation
SectorValue
Cash Equivalent61.05%
Corporate36.07%
Government2.88%
Credit Quality
RatingValue
A9%
AA27.51%
AAA54.77%
BBB8.72%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
Net Current Assets
Net Current Assets | -
25%₹1,286 Cr00
UTI Liquid Cash Plan Instl Dir Gr
Investment Fund | -
17%₹895 Cr2,907,633
↑ 2,580,519
Shriram Transport Finance Company Limited
Debentures | -
5%₹247 Cr2,500
Avanse Financial Services Limited
Debentures | -
4%₹233 Cr2,350
Edelweiss Commodities Services Limited
Debentures | -
4%₹198 Cr2,000
IVL Finance Limited
Commercial Paper | -
4%₹198 Cr2,000,000,000
Small Industries Development Bank Of India
Debentures | -
4%₹190 Cr1,900
↑ 1,900
Andhra Bank
Certificate of Deposit | -
3%₹165 Cr1,750,000,000
↓ -1,250,000,000
Business Broadcast News Holdings Limited
Debentures | -
3%₹157 Cr1,500
National Bank For Agriculture And Rural Development
Debentures | -
3%₹151 Cr1,500
↑ 500

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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