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5 Best Performing Ultra Short Term Debt Funds for SIP 2025 | Fincash.com

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5 Best Ultra Short Term Debt Funds for SIP 2025

Updated on June 5, 2025 , 2861 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 25 - 26

FundNAVNet Assets (Cr)Min SIP Investment3 MO (%)6 MO (%)1 YR (%)3 YR (%)2024 (%)Debt Yield (YTM)Mod. DurationEff. Maturity
Aditya Birla Sun Life Savings Fund Growth ₹547.154
↑ 0.89
₹17,263 1,000 2.64.38.37.47.97.27%5M 16D6M 14D
ICICI Prudential Ultra Short Term Fund Growth ₹27.643
↑ 0.04
₹15,092 1,000 2.44.17.87.17.57.05%5M 1D8M 8D
Invesco India Ultra Short Term Fund Growth ₹2,690.75
↑ 3.24
₹1,130 1,000 2.347.66.97.56.88%5M 6D5M 18D
Kotak Savings Fund Growth ₹42.7924
↑ 0.06
₹14,924 1,000 2.43.97.66.97.26.85%5M 16D5M 23D
Nippon India Ultra Short Duration Fund Growth ₹4,020.38
↑ 5.61
₹8,767 100 2.33.97.66.97.27.11%5M 7D7M 16D
Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 6 Jun 25

*Above is list of best Ultra-Short funds are having AUM/Net Assets above 100 Crore. Sorted on Last 1 Year Return.

1. 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 7.4% since its launch.  Ranked 6 in Ultrashort Bond category.  Return for 2024 was 7.9% , 2023 was 7.2% and 2022 was 4.8% .

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 (06 Jun 25) ₹547.154 ↑ 0.89   (0.16 %)
Net Assets (Cr) ₹17,263 on 30 Apr 25
Category Debt - Ultrashort Bond
AMC Birla Sun Life Asset Management Co Ltd
Rating
Risk Moderately Low
Expense Ratio 0.54
Sharpe Ratio 2.71
Information Ratio 0
Alpha Ratio 0
Min Investment 1,000
Min SIP Investment 1,000
Exit Load NIL
Yield to Maturity 7.27%
Effective Maturity 6 Months 14 Days
Modified Duration 5 Months 16 Days

Growth of 10,000 investment over the years.

DateValue
31 May 20₹10,000
31 May 21₹10,553
31 May 22₹10,948
31 May 23₹11,646
31 May 24₹12,512
31 May 25₹13,520

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 ₹200,132.
Net Profit of ₹20,132
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 6 Jun 25

DurationReturns
1 Month 0.9%
3 Month 2.6%
6 Month 4.3%
1 Year 8.3%
3 Year 7.4%
5 Year 6.3%
10 Year
15 Year
Since launch 7.4%
Historical performance (Yearly) on absolute basis
YearReturns
2024 7.9%
2023 7.2%
2022 4.8%
2021 3.9%
2020 7%
2019 8.5%
2018 7.6%
2017 7.2%
2016 9.2%
2015 8.9%
Fund Manager information for Aditya Birla Sun Life Savings Fund
NameSinceTenure
Sunaina Cunha20 Jun 1410.95 Yr.
Kaustubh Gupta15 Jul 1113.89 Yr.
Monika Gandhi22 Mar 214.2 Yr.

Data below for Aditya Birla Sun Life Savings Fund as on 30 Apr 25

Asset Allocation
Asset ClassValue
Cash39.18%
Debt60.56%
Other0.26%
Debt Sector Allocation
SectorValue
Corporate65.93%
Cash Equivalent22.75%
Government11.05%
Credit Quality
RatingValue
AA34.49%
AAA65.51%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
Bank of Baroda
Debentures | -
5%₹827 Cr17,000
↑ 17,000
Shriram Finance Company Limited
Debentures | -
4%₹611 Cr60,000
Nirma Limited
Debentures | -
3%₹488 Cr48,500
364 DTB
Sovereign Bonds | -
3%₹475 Cr47,500,000
Small Industries Development Bank of India
Debentures | -
2%₹425 Cr9,000
182 DTB 29082025
Sovereign Bonds | -
2%₹343 Cr35,000,000
National Bank For Agriculture And Rural Development
Debentures | -
2%₹316 Cr3,150
↑ 500
Mankind Pharma Ltd
Debentures | -
2%₹308 Cr30,500
National Bank For Agriculture And Rural Development
Debentures | -
2%₹305 Cr30,000
Avanse Financial Services Ltd 9.40%
Debentures | -
2%₹301 Cr30,000

2. ICICI Prudential Ultra Short Term Fund

(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 CAGR/Annualized return of 7.5% since its launch.  Ranked 27 in Ultrashort Bond category.  Return for 2024 was 7.5% , 2023 was 6.9% and 2022 was 4.5% .

Below is the key information for ICICI Prudential Ultra Short Term Fund

ICICI Prudential Ultra Short Term Fund
Growth
Launch Date 3 May 11
NAV (06 Jun 25) ₹27.643 ↑ 0.04   (0.15 %)
Net Assets (Cr) ₹15,092 on 30 Apr 25
Category Debt - Ultrashort Bond
AMC ICICI Prudential Asset Management Company Limited
Rating
Risk Moderate
Expense Ratio 0.86
Sharpe Ratio 1.83
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 7.05%
Effective Maturity 8 Months 8 Days
Modified Duration 5 Months 1 Day

Growth of 10,000 investment over the years.

DateValue
31 May 20₹10,000
31 May 21₹10,557
31 May 22₹10,938
31 May 23₹11,616
31 May 24₹12,448
31 May 25₹13,394

ICICI Prudential 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 ICICI Prudential 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 6 Jun 25

DurationReturns
1 Month 0.8%
3 Month 2.4%
6 Month 4.1%
1 Year 7.8%
3 Year 7.1%
5 Year 6.1%
10 Year
15 Year
Since launch 7.5%
Historical performance (Yearly) on absolute basis
YearReturns
2024 7.5%
2023 6.9%
2022 4.5%
2021 4%
2020 6.5%
2019 8.4%
2018 7.5%
2017 6.9%
2016 9.8%
2015 9.1%
Fund Manager information for ICICI Prudential Ultra Short Term Fund
NameSinceTenure
Manish Banthia15 Nov 168.55 Yr.
Ritesh Lunawat15 Jun 177.97 Yr.

Data below for ICICI Prudential Ultra Short Term Fund as on 30 Apr 25

Asset Allocation
Asset ClassValue
Cash45.16%
Debt54.6%
Other0.24%
Debt Sector Allocation
SectorValue
Corporate58.73%
Government21.33%
Cash Equivalent19.69%
Credit Quality
RatingValue
AA18.56%
AAA81.44%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
7.11% Govt Stock 2028
Sovereign Bonds | -
7%₹1,102 Cr109,000,000
LIC Housing Finance Limited
Debentures | -
4%₹602 Cr6,000
182 Days Tbill
Sovereign Bonds | -
3%₹491 Cr50,000,000
Bharti Telecom Limited
Debentures | -
2%₹347 Cr34,500
↑ 2,000
National Bank For Agriculture And Rural Development
Debentures | -
2%₹308 Cr30,500
Small Industries Development Bank Of India
Debentures | -
2%₹300 Cr3,000
National Bank For Agriculture And Rural Development
Debentures | -
2%₹276 Cr2,750
↑ 250
Larsen And Toubro Limited
Debentures | -
2%₹251 Cr25,000
LIC Housing Finance Limited
Debentures | -
1%₹226 Cr2,250
HDFC Bank Ltd.
Debentures | -
1%₹213 Cr4,500

3. Invesco India Ultra Short Term Fund

(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 CAGR/Annualized return of 7.1% since its launch.  Ranked 40 in Ultrashort Bond category.  Return for 2024 was 7.5% , 2023 was 6.6% and 2022 was 4.1% .

Below is the key information for Invesco India Ultra Short Term Fund

Invesco India Ultra Short Term Fund
Growth
Launch Date 30 Dec 10
NAV (06 Jun 25) ₹2,690.75 ↑ 3.24   (0.12 %)
Net Assets (Cr) ₹1,130 on 15 Apr 25
Category Debt - Ultrashort Bond
AMC Invesco Asset Management (India) Private Ltd
Rating
Risk Moderate
Expense Ratio 0.74
Sharpe Ratio 1.69
Information Ratio 0
Alpha Ratio 0
Min Investment 5,000
Min SIP Investment 1,000
Exit Load NIL
Yield to Maturity 6.88%
Effective Maturity 5 Months 18 Days
Modified Duration 5 Months 6 Days

Growth of 10,000 investment over the years.

DateValue
31 May 20₹10,000
31 May 21₹10,354
31 May 22₹10,654
31 May 23₹11,277
31 May 24₹12,077
31 May 25₹12,978

Invesco India 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 ₹197,169.
Net Profit of ₹17,169
Invest Now

Returns for Invesco India 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 6 Jun 25

DurationReturns
1 Month 0.7%
3 Month 2.3%
6 Month 4%
1 Year 7.6%
3 Year 6.9%
5 Year 5.4%
10 Year
15 Year
Since launch 7.1%
Historical performance (Yearly) on absolute basis
YearReturns
2024 7.5%
2023 6.6%
2022 4.1%
2021 3%
2020 5.1%
2019 7.6%
2018 7.3%
2017 7.1%
2016 9.1%
2015 8.3%
Fund Manager information for Invesco India Ultra Short Term Fund
NameSinceTenure
Krishna Cheemalapati4 Jan 205.41 Yr.
Vikas Garg27 Jul 213.85 Yr.

Data below for Invesco India Ultra Short Term Fund as on 15 Apr 25

Asset Allocation
Asset ClassValue
Cash55.43%
Debt44.25%
Other0.32%
Debt Sector Allocation
SectorValue
Corporate59.76%
Cash Equivalent28.11%
Government11.81%
Credit Quality
RatingValue
AA29.71%
AAA70.29%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
08.24 Tn SDL 2025sep
Sovereign Bonds | -
4%₹50 Cr5,000,000
National Bank For Agriculture And Rural Development
Debentures | -
4%₹50 Cr5,000,000
Export Import Bank Of India
Debentures | -
3%₹40 Cr4,000,000
Cholamandalam Investment And Finance Company Limited
Debentures | -
3%₹30 Cr3,000,000
Tata Projects Ltd.
Debentures | -
2%₹25 Cr2,500,000
Torrent Power Limited
Debentures | -
2%₹25 Cr2,500,000
Godrej Industries Limited
Debentures | -
2%₹25 Cr2,500,000
Bharti Telecom Limited
Debentures | -
2%₹25 Cr2,500,000
Tata Realty And Infrastructure Limited
Debentures | -
2%₹25 Cr2,500,000
Bharti Telecom Limited
Debentures | -
2%₹25 Cr2,500,000

4. Kotak Savings Fund

(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 CAGR/Annualized return of 7.2% since its launch.  Ranked 44 in Ultrashort Bond category.  Return for 2024 was 7.2% , 2023 was 6.8% and 2022 was 4.5% .

Below is the key information for Kotak Savings Fund

Kotak Savings Fund
Growth
Launch Date 13 Aug 04
NAV (06 Jun 25) ₹42.7924 ↑ 0.06   (0.14 %)
Net Assets (Cr) ₹14,924 on 30 Apr 25
Category Debt - Ultrashort Bond
AMC Kotak Mahindra Asset Management Co Ltd
Rating
Risk Moderately Low
Expense Ratio 0.8
Sharpe Ratio 1.3
Information Ratio 0
Alpha Ratio 0
Min Investment 5,000
Min SIP Investment 1,000
Exit Load NIL
Yield to Maturity 6.85%
Effective Maturity 5 Months 23 Days
Modified Duration 5 Months 16 Days

Growth of 10,000 investment over the years.

DateValue
31 May 20₹10,000
31 May 21₹10,414
31 May 22₹10,755
31 May 23₹11,410
31 May 24₹12,204
31 May 25₹13,108

Kotak 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 ₹197,169.
Net Profit of ₹17,169
Invest Now

Returns for Kotak 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 6 Jun 25

DurationReturns
1 Month 0.8%
3 Month 2.4%
6 Month 3.9%
1 Year 7.6%
3 Year 6.9%
5 Year 5.6%
10 Year
15 Year
Since launch 7.2%
Historical performance (Yearly) on absolute basis
YearReturns
2024 7.2%
2023 6.8%
2022 4.5%
2021 3.2%
2020 5.8%
2019 7.8%
2018 7.4%
2017 6.7%
2016 8.2%
2015 8.6%
Fund Manager information for Kotak Savings Fund
NameSinceTenure
Deepak Agrawal15 Apr 0817.14 Yr.
Manu Sharma1 Nov 222.58 Yr.

Data below for Kotak Savings Fund as on 30 Apr 25

Asset Allocation
Asset ClassValue
Cash57.12%
Debt42.62%
Other0.26%
Debt Sector Allocation
SectorValue
Corporate57.04%
Government22.14%
Cash Equivalent20.56%
Credit Quality
RatingValue
AA8.83%
AAA91.17%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
8.2% Govt Stock 2025
Sovereign Bonds | -
5%₹806 Cr80,000,000
↑ 80,000,000
Bajaj Housing Finance Limited
Debentures | -
4%₹600 Cr5,950
↑ 3,800
National Bank For Agriculture And Rural Development
Debentures | -
4%₹563 Cr56,000
↑ 10,000
Rural Electrification Corporation Limited
Debentures | -
3%₹478 Cr47,500
Mankind Pharma Ltd
Debentures | -
2%₹303 Cr30,000
182 Days Tbill
Sovereign Bonds | -
2%₹245 Cr25,000,000
↑ 25,000,000
364 DTB 19mar2026
Sovereign Bonds | -
2%₹238 Cr25,000,000
National Bank For Agriculture And Rural Development
Debentures | -
1%₹232 Cr2,310
↑ 10
Bharti Telecom Limited
Debentures | -
1%₹226 Cr2,250
08.49 Tn SDL 2026
Sovereign Bonds | -
1%₹204 Cr20,080,000

5. Nippon India Ultra Short Duration Fund

(Erstwhile Reliance Liquid Fund - Cash Plan)

The investment objective of the Scheme is to generate optimal returns consistent with moderate levels of risk and high liquidity. Accordingly, investments shall predominantly be made in Debt and Money Market Instruments.

Nippon India Ultra Short Duration Fund is a Debt - Ultrashort Bond fund was launched on 7 Dec 01. It is a fund with Low risk and has given a CAGR/Annualized return of 6.1% since its launch.  Ranked 62 in Ultrashort Bond category.  Return for 2024 was 7.2% , 2023 was 6.7% and 2022 was 4.6% .

Below is the key information for Nippon India Ultra Short Duration Fund

Nippon India Ultra Short Duration Fund
Growth
Launch Date 7 Dec 01
NAV (06 Jun 25) ₹4,020.38 ↑ 5.61   (0.14 %)
Net Assets (Cr) ₹8,767 on 30 Apr 25
Category Debt - Ultrashort Bond
AMC Nippon Life Asset Management Ltd.
Rating
Risk Low
Expense Ratio 1.14
Sharpe Ratio 1.43
Information Ratio 0
Alpha Ratio 0
Min Investment 100
Min SIP Investment 100
Exit Load NIL
Yield to Maturity 7.11%
Effective Maturity 7 Months 16 Days
Modified Duration 5 Months 7 Days

Growth of 10,000 investment over the years.

DateValue
31 May 20₹10,000
31 May 21₹10,473
31 May 22₹11,244
31 May 23₹11,924
31 May 24₹12,747
31 May 25₹13,687

Nippon India 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 ₹200,132.
Net Profit of ₹20,132
Invest Now

Returns for Nippon India 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 6 Jun 25

DurationReturns
1 Month 0.8%
3 Month 2.3%
6 Month 3.9%
1 Year 7.6%
3 Year 6.9%
5 Year 6.5%
10 Year
15 Year
Since launch 6.1%
Historical performance (Yearly) on absolute basis
YearReturns
2024 7.2%
2023 6.7%
2022 4.6%
2021 7.8%
2020 4.9%
2019 0.9%
2018 7.3%
2017 5.8%
2016 6.8%
2015 7.6%
Fund Manager information for Nippon India Ultra Short Duration Fund
NameSinceTenure
Vivek Sharma1 Oct 1311.67 Yr.
Kinjal Desai25 May 187.02 Yr.
Akshay Sharma1 Dec 222.5 Yr.

Data below for Nippon India Ultra Short Duration Fund as on 30 Apr 25

Asset Allocation
Asset ClassValue
Cash53.8%
Debt45.95%
Other0.25%
Debt Sector Allocation
SectorValue
Corporate57.31%
Cash Equivalent27.3%
Government15.15%
Credit Quality
RatingValue
AA13.57%
AAA86.43%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
National Bank For Agriculture And Rural Development
Debentures | -
4%₹311 Cr3,100
182 Days Tbill
Sovereign Bonds | -
3%₹246 Cr25,000,000
182 DTB 12062025
Sovereign Bonds | -
3%₹244 Cr24,500,000
Small Industries Development Bank Of India
Debentures | -
2%₹201 Cr2,000
Piramal Finance Limited 9.3%
Debentures | -
2%₹200 Cr20,000
↑ 20,000
182 Days Tbill
Sovereign Bonds | -
2%₹196 Cr20,000,000
Indinfravit Trust
Debentures | -
2%₹187 Cr19,500
Rec Limited
Debentures | -
2%₹184 Cr1,850
Vedanta Limited
Debentures | -
2%₹165 Cr16,500
HDFC Credila Financial Services Ltd
Debentures | -
2%₹156 Cr15,500
↓ -1,000

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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