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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 November 12, 2019 , 251 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 ₹27.7416
↑ 0.01
₹20,130 500 2.14.69.88.88.79.69%5M 16D6M 18D
Aditya Birla Sun Life Savings Fund Growth ₹388.623
↑ 0.08
₹14,739 1,000 1.94.497.87.66.75%4M 28D5M 12D
BOI AXA Ultra Short Duration Fund Growth ₹2,369.54
↑ 0.45
₹305 1,000 1.73.987.87.66.34%5M 1D5M 17D
Indiabulls Ultra Short Term Fund Growth ₹1,896.45
↑ 0.41
₹44 500 1.63.787.47.16.32%3M 14D
UTI Ultra Short Term Fund Growth ₹3,049.04
↑ 0.62
₹2,695 2,500 2.2-0.13.75.777.29%4M 3D5M 4D
Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 14 Nov 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 (14 Nov 19) ₹27.7416 ↑ 0.01   (0.03 %)
Net Assets (Cr) ₹20,130 on 30 Sep 19
Category Debt - Ultrashort Bond
AMC Franklin Templeton Asst Mgmt(IND)Pvt Ltd
Rating
Risk Moderate
Expense Ratio 0.37
Sharpe Ratio 10.21
Information Ratio 3.38
Alpha Ratio 0.05
Min Investment 10,000
Min SIP Investment 500
Exit Load NIL
Yield to Maturity 9.69%
Effective Maturity 6 Months 18 Days
Modified Duration 5 Months 16 Days

Growth of 10,000 investment over the years.

DateValue
31 Oct 14₹10,000
31 Oct 15₹10,980
31 Oct 16₹12,038
31 Oct 17₹13,098
31 Oct 18₹14,100
31 Oct 19₹15,516

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 14 Nov 19

DurationReturns
1 Month 0.6%
3 Month 2.1%
6 Month 4.6%
1 Year 9.8%
3 Year 8.8%
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 180.85 Yr.
Pallab Roy1 Jun 0811.26 Yr.

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

Asset Allocation
Asset ClassValue
Cash19.59%
Debt65.54%
Other14.87%
Debt Sector Allocation
SectorValue
Corporate71.17%
Cash Equivalent13.09%
Government0.87%
Credit Quality
RatingValue
A30.75%
AA57.92%
AAA11.32%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
Call, Cash & Other Assets
Receivables | -
15%₹2,993 Cr
Vedanta Limited
Debentures | -
4%₹790 Cr7,900
Vodafone Mobile Services Limited
Debentures | -
4%₹744 Cr7,990
DOLVI Minerals & Metals Private Limited
Debentures | -
4%₹707 Cr3,910
Renew Power Ventures Private Limited
Debentures | -
3%₹674 Cr6,740
JM FINANCIAL CREDIT SOLUTIONS LIMITED
Debentures | -
3%₹540 Cr5,400
REC LIMITED
Commercial Paper | -
2%₹465 Cr9,500
Indostar Capital Finance Limited
Debentures | -
2%₹440 Cr4,400
Bharti Airtel Limited
Debentures | -
2%₹399 Cr4,000
↑ 500
INDOSTAR CAPITAL FINANCE LIMITED
Debentures | -
2%₹390 Cr3,900
↑ 3,900

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 (14 Nov 19) ₹388.623 ↑ 0.08   (0.02 %)
Net Assets (Cr) ₹14,739 on 30 Sep 19
Category Debt - Ultrashort Bond
AMC Birla Sun Life Asset Management Co Ltd
Rating
Risk Moderately Low
Expense Ratio 0.35
Sharpe Ratio 10.27
Information Ratio 0
Alpha Ratio 0
Min Investment 1,000
Min SIP Investment 1,000
Exit Load NIL
Yield to Maturity 6.75%
Effective Maturity 5 Months 12 Days
Modified Duration 4 Months 28 Days

Growth of 10,000 investment over the years.

DateValue
31 Oct 14₹10,000
31 Oct 15₹10,914
31 Oct 16₹11,921
31 Oct 17₹12,840
31 Oct 18₹13,703
31 Oct 19₹14,954

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 14 Nov 19

DurationReturns
1 Month 0.6%
3 Month 1.9%
6 Month 4.4%
1 Year 9%
3 Year 7.8%
5 Year 8.3%
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 144.98 Yr.
Kaustubh Gupta15 Jul 118.22 Yr.

Data below for Aditya Birla Sun Life Savings Fund as on 30 Sep 19

Asset Allocation
Asset ClassValue
Cash45.3%
Debt54.7%
Debt Sector Allocation
SectorValue
Corporate50.2%
Cash Equivalent24.59%
Government24.4%
Securitized0.81%
Credit Quality
RatingValue
AA13.4%
AAA86.6%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
Net Receivables / (Payables)
Net Current Assets | -
5%₹715 Cr
6.35% Govt Stock 2020
Sovereign Bonds | -
4%₹631 Cr63,000,000
↑ 34,000,000
National Bank For Agriculture And Rural Development
Debentures | -
4%₹538 Cr5,350
Power Finance Corporation Ltd.
Debentures | -
3%₹466 Cr4,650
Rural Electrification Corporation Limited
Debentures | -
3%₹428 Cr4,263
Bharti Telecom Limited
Debentures | -
3%₹399 Cr3,500
POWER FINANCE CORPORATION LIMITED
Debentures | -
2%₹308 Cr3,050
Power Finance Corporation Ltd.
Debentures | -
2%₹293 Cr2,900
Hinduja Leyland Finance Limited
Debentures | -
2%₹251 Cr2,500
Muthoot Finance Limited
Debentures | -
2%₹224 Cr2,250,000
↑ 1,650,000

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 (14 Nov 19) ₹2,369.54 ↑ 0.45   (0.02 %)
Net Assets (Cr) ₹305 on 30 Sep 19
Category Debt - Ultrashort Bond
AMC BOI AXA Investment Mngrs Private Ltd
Rating
Risk Moderately Low
Expense Ratio 0.65
Sharpe Ratio 9.89
Information Ratio 1.95
Alpha Ratio -0.06
Min Investment 5,000
Min SIP Investment 1,000
Exit Load NIL
Yield to Maturity 6.34%
Effective Maturity 5 Months 17 Days
Modified Duration 5 Months 1 Day

Growth of 10,000 investment over the years.

DateValue
31 Oct 14₹10,000
31 Oct 15₹10,903
31 Oct 16₹11,885
31 Oct 17₹12,879
31 Oct 18₹13,794
31 Oct 19₹14,921

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 14 Nov 19

DurationReturns
1 Month 0.6%
3 Month 1.7%
6 Month 3.9%
1 Year 8%
3 Year 7.8%
5 Year 8.3%
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 180.82 Yr.
Amit Modani5 Dec 180.82 Yr.

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

Asset Allocation
Asset ClassValue
Cash70.76%
Debt29.24%
Debt Sector Allocation
SectorValue
Cash Equivalent55.75%
Corporate34.72%
Government9.53%
Credit Quality
RatingValue
A8.78%
AAA91.22%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
Avendus Finance Private Limited
Debentures | -
9%₹26 Cr2,600,000
MAHINDRA & MAHINDRA FINANCIAL SERVICES LIMITED
Debentures | -
9%₹25 Cr2,500,000
NATIONAL HOUSING BANK
Debentures | -
8%₹25 Cr2,500,000
SMALL INDUSTRIES DEVELOPMENT BANK OF INDIA
Certificate of Deposit | -
8%₹25 Cr2,500,000
ICICI Bank Limited
Certificate of Deposit | -
8%₹25 Cr2,500,000
HOUSING DEVELOPMENT FINANCE CORPORATION LIMITED
Commercial Paper | -
8%₹25 Cr2,500,000
Bank Of Baroda
Certificate of Deposit | -
8%₹25 Cr2,500,000
Export-Import Bank Of India
Certificate of Deposit | -
8%₹24 Cr2,500,000
INDIAN BANK
Certificate of Deposit | -
8%₹24 Cr2,500,000
Axis Bank Limited
Certificate of Deposit | -
8%₹24 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 8.5% 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 (14 Nov 19) ₹1,896.45 ↑ 0.41   (0.02 %)
Net Assets (Cr) ₹44 on 30 Sep 19
Category Debt - Ultrashort Bond
AMC Indiabulls Asset Management Company Ltd.
Rating
Risk Moderately Low
Expense Ratio 0.7
Sharpe Ratio 8.64
Information Ratio 0
Alpha Ratio 0
Min Investment 500
Min SIP Investment 500
Exit Load NIL
Yield to Maturity 6.32%
Effective Maturity 3 Months 14 Days
Modified Duration

Growth of 10,000 investment over the years.

DateValue
31 Oct 14₹10,000
31 Oct 15₹10,908
31 Oct 16₹11,833
31 Oct 17₹12,743
31 Oct 18₹13,580
31 Oct 19₹14,679

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 ₹203,125.
Net Profit of ₹23,125
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 14 Nov 19

DurationReturns
1 Month 0.5%
3 Month 1.6%
6 Month 3.7%
1 Year 8%
3 Year 7.4%
5 Year 7.9%
10 Year
15 Year
Since launch 8.5%
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
Vikrant Mehta20 Jun 190.28 Yr.
Malay Shah22 Aug 145.11 Yr.
Sourabh Sharma17 Jan 190.7 Yr.

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

Asset Allocation
Asset ClassValue
Cash60.56%
Debt39.44%
Debt Sector Allocation
SectorValue
Cash Equivalent50.86%
Corporate49.14%
Credit Quality
RatingValue
AAA100%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
Ccil
CBLO/Reverse Repo | -
38%₹16 Cr16,460
↑ 16,460
State Bank Of Patiala
Debentures | -
33%₹14 Cr1,420,000
HOUSING DEVELOPMENT FINANCE CORPORATION LIMITED
Commercial Paper | -
10%₹4 Cr450,000
IDFC FIRST BANK LIMITED
Certificate of Deposit | -
9%₹4 Cr400,000
LIC Housing Finance Limited
Debentures | -
7%₹3 Cr300,000
Net Receivable/Payable
Net Current Assets | -
5%₹2 Cr

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 (14 Nov 19) ₹3,049.04 ↑ 0.62   (0.02 %)
Net Assets (Cr) ₹2,695 on 30 Sep 19
Category Debt - Ultrashort Bond
AMC UTI Asset Management Company Ltd
Rating
Risk Moderately Low
Expense Ratio 0.99
Sharpe Ratio 0.08
Information Ratio 0
Alpha Ratio 0
Min Investment 5,000
Min SIP Investment 2,500
Exit Load NIL
Yield to Maturity 7.29%
Effective Maturity 5 Months 4 Days
Modified Duration 4 Months 3 Days

Growth of 10,000 investment over the years.

DateValue
31 Oct 14₹10,000
31 Oct 15₹10,880
31 Oct 16₹11,825
31 Oct 17₹12,671
31 Oct 18₹13,472
31 Oct 19₹13,979

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 ₹200,132.
Net Profit of ₹20,132
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 14 Nov 19

DurationReturns
1 Month 0.6%
3 Month 2.2%
6 Month -0.1%
1 Year 3.7%
3 Year 5.7%
5 Year 6.9%
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 Sep 19

Asset Allocation
Asset ClassValue
Cash75.76%
Debt24.24%
Debt Sector Allocation
SectorValue
Corporate45.34%
Cash Equivalent40.32%
Government14.34%
Credit Quality
RatingValue
A9.8%
AA15.83%
AAA74.37%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
Net Current Assets
Net Current Assets | -
12%₹329 Cr00
Avanse Financial Services Limited
Debentures | -
9%₹231 Cr2,350
RELIANCE INDUSTRIES LIMITED
Commercial Paper | -
7%₹200 Cr2,000,000,000
NTPC LIMITED
Commercial Paper | -
7%₹199 Cr2,000,000,000
Edelweiss Commodities Services Limited
Debentures | -
7%₹197 Cr2,000
HOUSING DEVELOPMENT FINANCE CORPORATION LIMITED
Commercial Paper | -
7%₹190 Cr2,000,000,000
NATIONAL BANK FOR AGRICULTURE AND RURAL DEVELOPMENT
Certificate of Deposit | -
5%₹122 Cr1,250,000,000
↑ 750,000,000
AXIS BANK LIMITED
Certificate of Deposit | -
4%₹99 Cr1,000,000,000
AXIS BANK LIMITED
Certificate of Deposit | -
4%₹99 Cr1,000,000,000
↑ 1,000,000,000
IndusInd Bank Limited
Certificate of Deposit | -
4%₹97 Cr1,000,000,000

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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