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5 Best Performing Ultra Short Term Debt Funds for SIP 2020 | Fincash.com

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5 Best Ultra Short Term Debt Funds for SIP 2020

Updated on March 31, 2020 , 399 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 20 - 21

FundNAVNet Assets (Cr)Min SIP Investment3 MO (%)6 MO (%)1 YR (%)3 YR (%)2019 (%)Debt Yield (YTM)Mod. DurationEff. Maturity
Aditya Birla Sun Life Savings Fund Growth ₹397.521
↑ 0.27
₹16,489 1,000 1.53.37.77.78.56.5%5M 19D6M 18D
Franklin India Ultra Short Bond Fund - Super Institutional Plan Growth ₹27.5296
↑ 0.02
₹15,040 500 -2.10.24.67.39.69.48%5M 23D6M 25D
Indiabulls Ultra Short Term Fund Growth ₹1,941.84
↑ 0.66
₹256 500 1.73.26.97.17.60%
BOI AXA Ultra Short Duration Fund Growth ₹2,417.83
↑ 1.07
₹295 1,000 1.32.96.77.47.55.64%5M 5D5M 21D
UTI Ultra Short Term Fund Growth ₹3,106.84
↑ 0.89
₹2,043 2,500 1.12.72.45.33.30%5M 2D
Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 31 Mar 20

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 7.8% since its launch.  Ranked 6 in Ultrashort Bond category.  Return for 2019 was 8.5% , 2018 was 7.6% and 2017 was 7.2% .

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 (31 Mar 20) ₹397.521 ↑ 0.27   (0.07 %)
Net Assets (Cr) ₹16,489 on 29 Feb 20
Category Debt - Ultrashort Bond
AMC Birla Sun Life Asset Management Co Ltd
Rating
Risk Moderately Low
Expense Ratio 0.35
Sharpe Ratio 9.54
Information Ratio 0
Alpha Ratio 0
Min Investment 1,000
Min SIP Investment 1,000
Exit Load NIL
Yield to Maturity 6.5%
Effective Maturity 6 Months 18 Days
Modified Duration 5 Months 19 Days

Growth of 10,000 investment over the years.

DateValue
31 Mar 15₹10,000
31 Mar 16₹10,884
31 Mar 17₹11,843
31 Mar 18₹12,700
31 Mar 19₹13,713
31 Mar 20₹14,774

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 31 Mar 20

DurationReturns
1 Month 0.4%
3 Month 1.5%
6 Month 3.3%
1 Year 7.7%
3 Year 7.7%
5 Year 8.1%
10 Year
15 Year
Since launch 7.8%
Historical performance (Yearly) on absolute basis
YearReturns
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
NameSinceTenure
Sunaina Cunha11 Oct 145.23 Yr.
Kaustubh Gupta15 Jul 118.47 Yr.

Data below for Aditya Birla Sun Life Savings Fund as on 29 Feb 20

Asset Allocation
Asset ClassValue
Cash42.08%
Debt57.92%
Debt Sector Allocation
SectorValue
Corporate56.49%
Cash Equivalent26.48%
Government16.79%
Securitized0.24%
Credit Quality
RatingValue
AA12.57%
AAA87.43%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
Power Finance Corporation Ltd.
Debentures | -
4%₹724 Cr7,200
↑ 2,550
National Bank For Agriculture And Rural Development
Commercial Paper | -
4%₹683 Cr14,000
↑ 14,000
Reliance Industries Limited
Debentures | -
3%₹542 Cr5,400
↑ 4,250
Reliance Jio Infocomm Limited
Commercial Paper | -
3%₹492 Cr10,000
↑ 10,000
Reliance Retail Limited
Commercial Paper | -
3%₹425 Cr8,500
6.25% Indusind Bank Limited (26/03/2020)
Net Current Assets | -
2%₹400 Cr
The Tata Power Company Limited
Commercial Paper | -
2%₹393 Cr8,000
Shriram Transport Finance Company Limited
Debentures | -
2%₹349 Cr3,500
↑ 3,500
IndusInd Bank Limited
Certificate of Deposit | -
2%₹330 Cr35,000
↑ 35,000
Rec Limited
Debentures | -
2%₹326 Cr3,250

2. 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 8.6% since its launch.  Return for 2019 was 9.6% , 2018 was 8.7% and 2017 was 8.2% .

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 (03 Apr 20) ₹27.5296 ↑ 0.02   (0.06 %)
Net Assets (Cr) ₹15,040 on 29 Feb 20
Category Debt - Ultrashort Bond
AMC Franklin Templeton Asst Mgmt(IND)Pvt Ltd
Rating
Risk Moderate
Expense Ratio 0.42
Sharpe Ratio 0.39
Information Ratio 0
Alpha Ratio 0
Min Investment 10,000
Min SIP Investment 500
Exit Load NIL
Yield to Maturity 9.48%
Effective Maturity 6 Months 25 Days
Modified Duration 5 Months 23 Days

Growth of 10,000 investment over the years.

DateValue
31 Mar 15₹10,000
31 Mar 16₹10,963
31 Mar 17₹12,008
31 Mar 18₹12,972
31 Mar 19₹14,167
31 Mar 20₹14,834

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 ₹206,148.
Net Profit of ₹26,148
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 31 Mar 20

DurationReturns
1 Month 0.8%
3 Month -2.1%
6 Month 0.2%
1 Year 4.6%
3 Year 7.3%
5 Year 8.2%
10 Year
15 Year
Since launch 8.6%
Historical performance (Yearly) on absolute basis
YearReturns
2019 9.6%
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%
Fund Manager information for Franklin India Ultra Short Bond Fund - Super Institutional Plan
NameSinceTenure
Santosh Kamath25 Oct 181.18 Yr.
Pallab Roy1 Jun 0811.59 Yr.

Data below for Franklin India Ultra Short Bond Fund - Super Institutional Plan as on 29 Feb 20

Asset Allocation
Asset ClassValue
Cash23.54%
Debt76.46%
Debt Sector Allocation
SectorValue
Corporate76.8%
Cash Equivalent22.2%
Government1%
Credit Quality
RatingValue
A17.74%
AA69.2%
AAA13.06%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
Vedanta Limited
Debentures | -
5%₹795 Cr7,900
Call, Cash & Other Assets
Net Current Assets | -
4%₹638 Cr
Bharti Airtel Limited
Debentures | -
4%₹553 Cr5,500
JM FINANCIAL CREDIT SOLUTIONS LIMITED
Debentures | -
4%₹540 Cr5,400
Indostar Capital Finance Limited
Debentures | -
3%₹439 Cr4,400
Bharti Airtel Limited
Debentures | -
3%₹400 Cr4,000
INDOSTAR CAPITAL FINANCE LIMITED
Debentures | -
3%₹390 Cr3,900
NIRCHEM Cement Limited
Debentures | -
3%₹378 Cr3,750
EDELWEISS COMMODITIES SERVICES LIMITED
Debentures | -
2%₹371 Cr7,500
EDELWEISS COMMODITIES SERVICES LIMITED
Debentures | -
2%₹361 Cr3,650

3. 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 8.4% since its launch.  Ranked 17 in Ultrashort Bond category.  Return for 2019 was 7.6% , 2018 was 7.1% and 2017 was 6.9% .

Below is the key information for Indiabulls Ultra Short Term Fund

Indiabulls Ultra Short Term Fund
Growth
Launch Date 6 Jan 12
NAV (03 Apr 20) ₹1,941.84 ↑ 0.66   (0.03 %)
Net Assets (Cr) ₹256 on 29 Feb 20
Category Debt - Ultrashort Bond
AMC Indiabulls Asset Management Company Ltd.
Rating
Risk Moderately Low
Expense Ratio 0.7
Sharpe Ratio 7.42
Information Ratio 0
Alpha Ratio 0
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 Mar 15₹10,000
31 Mar 16₹10,862
31 Mar 17₹11,782
31 Mar 18₹12,595
31 Mar 19₹13,540
31 Mar 20₹14,495

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 31 Mar 20

DurationReturns
1 Month 0.8%
3 Month 1.7%
6 Month 3.2%
1 Year 6.9%
3 Year 7.1%
5 Year 7.7%
10 Year
15 Year
Since launch 8.4%
Historical performance (Yearly) on absolute basis
YearReturns
2019 7.6%
2018 7.1%
2017 6.9%
2016 8.8%
2015 8.8%
2014 9.3%
2013 8.8%
2012
2011
2010
Fund Manager information for Indiabulls Ultra Short Term Fund
NameSinceTenure
Vikrant Mehta20 Jun 190.53 Yr.
Malay Shah22 Aug 145.36 Yr.
Sourabh Sharma17 Jan 190.95 Yr.

Data below for Indiabulls Ultra Short Term Fund as on 29 Feb 20

Asset Allocation
Asset ClassValue
Cash92.42%
Debt7.58%
Debt Sector Allocation
SectorValue
Corporate59.46%
Cash Equivalent35.99%
Government4.55%
Credit Quality
RatingValue
AAA100%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
ICICI Bank Limited
Certificate of Deposit | -
10%₹25 Cr2,500,000
↑ 2,500,000
BIRLA GROUP HOLDINGS PRIVATE LIMITED
Commercial Paper | -
10%₹25 Cr2,500,000
↑ 2,500,000
IndusInd Bank Limited
Certificate of Deposit | -
10%₹25 Cr2,500,000
Small Industries Development Bank Of India
Commercial Paper | -
10%₹24 Cr2,500,000
HOUSING DEVELOPMENT FINANCE CORPORATION LIMITED
Commercial Paper | -
8%₹21 Cr2,100,000
Andhra Bank
Certificate of Deposit | -
7%₹18 Cr1,850,000
Export-Import Bank Of India
Commercial Paper | -
7%₹18 Cr1,850,000
Axis Bank Limited
Certificate of Deposit | -
7%₹18 Cr1,850,000
Aditya Birla Finance Limited
Commercial Paper | -
6%₹15 Cr1,500,000
↑ 1,500,000
48 DCMB 23032020
Sovereign Bonds | -
5%₹14 Cr1,400,000
↑ 1,400,000

4. 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 7.8% since its launch.  Ranked 9 in Ultrashort Bond category.  Return for 2019 was 7.5% , 2018 was 7.6% and 2017 was 8% .

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 (03 Apr 20) ₹2,417.83 ↑ 1.07   (0.04 %)
Net Assets (Cr) ₹295 on 29 Feb 20
Category Debt - Ultrashort Bond
AMC BOI AXA Investment Mngrs Private Ltd
Rating
Risk Moderately Low
Expense Ratio 0.63
Sharpe Ratio 8.45
Information Ratio 1.58
Alpha Ratio -0.73
Min Investment 5,000
Min SIP Investment 1,000
Exit Load NIL
Yield to Maturity 5.64%
Effective Maturity 5 Months 21 Days
Modified Duration 5 Months 5 Days

Growth of 10,000 investment over the years.

DateValue
31 Mar 15₹10,000
31 Mar 16₹10,873
31 Mar 17₹11,873
31 Mar 18₹12,768
31 Mar 19₹13,753
31 Mar 20₹14,696

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 31 Mar 20

DurationReturns
1 Month 0.5%
3 Month 1.3%
6 Month 2.9%
1 Year 6.7%
3 Year 7.4%
5 Year 8%
10 Year
15 Year
Since launch 7.8%
Historical performance (Yearly) on absolute basis
YearReturns
2019 7.5%
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%
Fund Manager information for BOI AXA Ultra Short Duration Fund
NameSinceTenure
Amit Modani5 Dec 181.16 Yr.

Data below for BOI AXA Ultra Short Duration Fund as on 29 Feb 20

Asset Allocation
Asset ClassValue
Cash70.91%
Debt29.09%
Debt Sector Allocation
SectorValue
Cash Equivalent54.41%
Corporate26.99%
Government18.6%
Credit Quality
RatingValue
AAA100%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
LIC Housing Finance Limited
Debentures | -
9%₹25 Cr2,500,000
↑ 2,500,000
NTPC Limited
Debentures | -
9%₹25 Cr2,500,000
NATIONAL HOUSING BANK
Debentures | -
8%₹25 Cr2,500,000
MAHINDRA & MAHINDRA FINANCIAL SERVICES LIMITED
Debentures | -
8%₹25 Cr2,500,000
ICICI Bank Limited
Certificate of Deposit | -
8%₹25 Cr2,500,000
Export-Import Bank Of India
Certificate of Deposit | -
8%₹25 Cr2,500,000
INDIAN BANK
Certificate of Deposit | -
8%₹25 Cr2,500,000
Axis Bank Limited
Certificate of Deposit | -
8%₹24 Cr2,500,000
Housing Development Finance Corporation Limited
Commercial Paper | -
8%₹24 Cr2,500,000
↑ 2,500,000
National Bank For Agriculture And Rural Development
Certificate of Deposit | -
7%₹21 Cr2,100,000

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 2019 was 3.3% , 2018 was 7% and 2017 was 6.6% .

Below is the key information for UTI Ultra Short Term Fund

UTI Ultra Short Term Fund
Growth
Launch Date 29 Aug 03
NAV (03 Apr 20) ₹3,106.84 ↑ 0.89   (0.03 %)
Net Assets (Cr) ₹2,043 on 29 Feb 20
Category Debt - Ultrashort Bond
AMC UTI Asset Management Company Ltd
Rating
Risk Moderately Low
Expense Ratio 0.99
Sharpe Ratio -0.07
Information Ratio 0
Alpha Ratio 0
Min Investment 5,000
Min SIP Investment 2,500
Exit Load NIL
Yield to Maturity 0%
Effective Maturity 5 Months 2 Days
Modified Duration

Growth of 10,000 investment over the years.

DateValue
31 Mar 15₹10,000
31 Mar 16₹10,857
31 Mar 17₹11,779
31 Mar 18₹12,531
31 Mar 19₹13,438
31 Mar 20₹13,773

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 31 Mar 20

DurationReturns
1 Month 0.5%
3 Month 1.1%
6 Month 2.7%
1 Year 2.4%
3 Year 5.3%
5 Year 6.6%
10 Year
15 Year
Since launch 7.1%
Historical performance (Yearly) on absolute basis
YearReturns
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
NameSinceTenure
Sudhir Agarwal1 Jul 154.5 Yr.
Ritesh Nambiar1 Jul 154.5 Yr.

Data below for UTI Ultra Short Term Fund as on 29 Feb 20

Asset Allocation
Asset ClassValue
Cash76.28%
Debt23.72%
Debt Sector Allocation
SectorValue
Corporate50.56%
Cash Equivalent31.94%
Government17.5%
Credit Quality
RatingValue
A10.72%
AA16.94%
AAA72.34%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
Net Current Assets
Net Current Assets | -
14%₹290 Cr00
HOUSING DEVELOPMENT FINANCE CORPORATION LIMITED
Commercial Paper | -
7%₹147 Cr1,500,000,000
Edelweiss Commodities Services Limited
Debentures | -
7%₹141 Cr1,500
REC LIMITED
Debentures | -
6%₹126 Cr1,250
↑ 1,250
Andhra Bank
Certificate of Deposit | -
6%₹125 Cr1,250,000,000
AXIS BANK LIMITED
Certificate of Deposit | -
6%₹123 Cr1,250,000,000
National Bank For Agriculture And Rural Development
Certificate of Deposit | -
6%₹122 Cr1,250,000,000
Avanse Financial Services Limited
Debentures | -
5%₹100 Cr1,000
↓ -1,350
Reliance Jio Infocomm Limited
Commercial Paper | -
5%₹99 Cr1,000,000,000
↑ 1,000,000,000
ORIENTAL BANK OF COMMERCE
Certificate of Deposit | -
5%₹98 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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