+91-22-62820123
Table of Contents
5 Best Ultra Short Term Debt Funds for SIP 2022
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.
Talk to our investment specialist
Top 5 Best Performing Ultra Short Term Debt Funds for SIP Investment FY 22 - 23
Fund NAV Net Assets (Cr) Min SIP Investment 3 MO (%) 6 MO (%) 1 YR (%) 3 YR (%) 2021 (%) Debt Yield (YTM) Mod. Duration Eff. Maturity Aditya Birla Sun Life Savings Fund Growth ₹449.066
↑ 0.22 ₹14,508 1,000 1.2 2 4 5.3 3.9 6.63% 5M 12D 5M 19D Nippon India Ultra Short Duration Fund Growth ₹3,346.37
↑ 1.49 ₹4,931 100 1.2 2 4 5.9 7.8 6.46% 4M 12D 5M 1D ICICI Prudential Ultra Short Term Fund Growth ₹22.8679
↑ 0.01 ₹14,808 1,000 1.2 2 3.9 5.2 4 6.28% 3M 22D 4M 10D IDBI Ultra Short Term Fund Growth ₹2,299.51
↑ 0.83 ₹235 500 1.3 2 3.8 4.6 3.9 5.95% 3M 24D 4M 13D Kotak Savings Fund Growth ₹35.5587
↑ 0.02 ₹13,862 1,000 1.2 1.9 3.7 4.6 3.2 6.25% 4M 2D 5M 12D Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 30 Sep 22
*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 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 Below is the key information for Nippon India Ultra Short Duration 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 The objective of the Scheme will be to provide investors with regular income for their investment by investing in debt and money market instruments with relatively lower interest rate risk, such that the Macaulay duration of the portfolio is maintained between 3 months to 6 months. However, there can be no assurance that the investment objective of the Scheme will be realized. IDBI Ultra Short Term Fund is a Debt - Ultrashort Bond fund was launched on 3 Sep 10. It is a fund with Moderately Low risk and has given a Below is the key information for IDBI 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 1. Aditya Birla Sun Life Savings Fund
CAGR/Annualized return of 7.4% since its launch. Ranked 6 in Ultrashort Bond category. Return for 2021 was 3.9% , 2020 was 7% and 2019 was 8.5% . Aditya Birla Sun Life Savings Fund
Growth Launch Date 16 Apr 03 NAV (30 Sep 22) ₹449.066 ↑ 0.22 (0.05 %) Net Assets (Cr) ₹14,508 on 31 Aug 22 Category Debt - Ultrashort Bond AMC Birla Sun Life Asset Management Co Ltd Rating ☆☆☆☆☆ Risk Moderately Low Expense Ratio 0.49 Sharpe Ratio -0.4 Information Ratio 0 Alpha Ratio 0 Min Investment 1,000 Min SIP Investment 1,000 Exit Load NIL Yield to Maturity 6.63% Effective Maturity 5 Months 19 Days Modified Duration 5 Months 12 Days Growth of 10,000 investment over the years.
Date Value 30 Sep 17 ₹10,000 30 Sep 18 ₹10,658 30 Sep 19 ₹11,627 30 Sep 20 ₹12,500 30 Sep 21 ₹13,044 Returns for Aditya Birla Sun Life Savings Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 30 Sep 22 Duration Returns 1 Month 0.3% 3 Month 1.2% 6 Month 2% 1 Year 4% 3 Year 5.3% 5 Year 6.3% 10 Year 15 Year Since launch 7.4% Historical performance (Yearly) on absolute basis
Year Returns 2021 3.9% 2020 7% 2019 8.5% 2018 7.6% 2017 7.2% 2016 9.2% 2015 8.9% 2014 9.7% 2013 9.5% 2012 9.7% Fund Manager information for Aditya Birla Sun Life Savings Fund
Name Since Tenure Sunaina Cunha 14 Jun 14 8.22 Yr. Kaustubh Gupta 15 Jul 11 11.14 Yr. Monika Gandhi 22 Mar 21 1.44 Yr. Data below for Aditya Birla Sun Life Savings Fund as on 31 Aug 22
Asset Allocation
Asset Class Value Cash 64.02% Debt 35.98% Debt Sector Allocation
Sector Value Corporate 48.23% Cash Equivalent 28.76% Government 23.02% Credit Quality
Rating Value AA 14.27% AAA 85.73% Top Securities Holdings / Portfolio
Name Holding Value Quantity Housing Development Finance Corporation Ltd
Debentures | -4% ₹600 Cr 6,000 Shriram Transport Finance Company Limited
Debentures | -2% ₹281 Cr 2,750 Reliance Industries Limited
Debentures | -2% ₹256 Cr 2,500 Cholamandalam Investment And Fin. Co. Ltd
Debentures | -2% ₹250 Cr 2,500 08.54 MH Sdl 2023
Sovereign Bonds | -2% ₹248 Cr 24,500,000 Housing Development Finance Corporation Ltd
Debentures | -2% ₹245 Cr 2,450 08.21 HR UDAY 2023
Domestic Bonds | -2% ₹237 Cr 23,500,000 08.39 RJ UDAY 2023
Domestic Bonds | -1% ₹217 Cr 21,477,000 08.24 GJ Sdl 2023
Sovereign Bonds | -1% ₹212 Cr 21,000,000 08.48 KA Sdl 2022
Sovereign Bonds | -1% ₹200 Cr 20,000,000 2. Nippon India Ultra Short Duration Fund
CAGR/Annualized return of 6% since its launch. Ranked 62 in Ultrashort Bond category. Return for 2021 was 7.8% , 2020 was 4.9% and 2019 was 0.9% . Nippon India Ultra Short Duration Fund
Growth Launch Date 7 Dec 01 NAV (30 Sep 22) ₹3,346.37 ↑ 1.49 (0.04 %) Net Assets (Cr) ₹4,931 on 31 Aug 22 Category Debt - Ultrashort Bond AMC Nippon Life Asset Management Ltd. Rating ☆☆ Risk Low Expense Ratio 1.09 Sharpe Ratio -0.46 Information Ratio 0 Alpha Ratio 0 Min Investment 100 Min SIP Investment 100 Exit Load NIL Yield to Maturity 6.46% Effective Maturity 5 Months 1 Day Modified Duration 4 Months 12 Days Growth of 10,000 investment over the years.
Date Value 30 Sep 17 ₹10,000 30 Sep 18 ₹10,646 30 Sep 19 ₹10,771 30 Sep 20 ₹11,331 30 Sep 21 ₹12,295 Returns for Nippon India Ultra Short Duration Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 30 Sep 22 Duration Returns 1 Month 0.3% 3 Month 1.2% 6 Month 2% 1 Year 4% 3 Year 5.9% 5 Year 5% 10 Year 15 Year Since launch 6% Historical performance (Yearly) on absolute basis
Year Returns 2021 7.8% 2020 4.9% 2019 0.9% 2018 7.3% 2017 5.8% 2016 6.8% 2015 7.6% 2014 8.4% 2013 8.5% 2012 9.2% Fund Manager information for Nippon India Ultra Short Duration Fund
Name Since Tenure Vivek Sharma 1 Oct 13 8.92 Yr. Kinjal Desai 25 May 18 4.27 Yr. Data below for Nippon India Ultra Short Duration Fund as on 31 Aug 22
Asset Allocation
Asset Class Value Cash 68.94% Debt 31.06% Debt Sector Allocation
Sector Value Corporate 42.55% Cash Equivalent 42.46% Government 14.99% Credit Quality
Rating Value AA 17.36% AAA 82.64% Top Securities Holdings / Portfolio
Name Holding Value Quantity 182 DTB 22122022
Sovereign Bonds | -4% ₹222 Cr 22,500,000 Tata Realty And Infrastructure Limited
Debentures | -3% ₹149 Cr 1,500 Indian Oil Corporation Limited
Debentures | -2% ₹105 Cr 1,050 Reliance Industries Limited
Debentures | -2% ₹102 Cr 1,000 Shriram Housing Finance Limited
Debentures | -2% ₹101 Cr 1,000 National Housing Bank
Debentures | -2% ₹100 Cr 1,000 Piramal Capital & Housing Finance Ltd
Debentures | -2% ₹94 Cr 838
↑ 838 Shriram Transport Finance Company Limited
Debentures | -2% ₹91 Cr 900 6.84% Govt Stock 2022
Sovereign Bonds | -2% ₹85 Cr 8,500,000 08.64 UP UDAY 2023
Domestic Bonds | -1% ₹73 Cr 7,200,000 3. ICICI Prudential Ultra Short Term Fund
CAGR/Annualized return of 7.5% since its launch. Ranked 27 in Ultrashort Bond category. Return for 2021 was 4% , 2020 was 6.5% and 2019 was 8.4% . ICICI Prudential Ultra Short Term Fund
Growth Launch Date 3 May 11 NAV (30 Sep 22) ₹22.8679 ↑ 0.01 (0.04 %) Net Assets (Cr) ₹14,808 on 31 Aug 22 Category Debt - Ultrashort Bond AMC ICICI Prudential Asset Management Company Limited Rating ☆☆☆ Risk Moderate Expense Ratio 0.93 Sharpe Ratio -1.1 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 6.28% Effective Maturity 4 Months 10 Days Modified Duration 3 Months 22 Days Growth of 10,000 investment over the years.
Date Value 30 Sep 17 ₹10,000 30 Sep 18 ₹10,633 30 Sep 19 ₹11,556 30 Sep 20 ₹12,401 30 Sep 21 ₹12,951 Returns for ICICI Prudential Ultra Short Term Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 30 Sep 22 Duration Returns 1 Month 0.3% 3 Month 1.2% 6 Month 2% 1 Year 3.9% 3 Year 5.2% 5 Year 6.1% 10 Year 15 Year Since launch 7.5% Historical performance (Yearly) on absolute basis
Year Returns 2021 4% 2020 6.5% 2019 8.4% 2018 7.5% 2017 6.9% 2016 9.8% 2015 9.1% 2014 14.8% 2013 3.1% 2012 9.4% Fund Manager information for ICICI Prudential Ultra Short Term Fund
Name Since Tenure Manish Banthia 15 Nov 16 5.79 Yr. Ritesh Lunawat 15 Jun 17 5.21 Yr. Data below for ICICI Prudential Ultra Short Term Fund as on 31 Aug 22
Asset Allocation
Asset Class Value Cash 68.64% Debt 31.36% Debt Sector Allocation
Sector Value Cash Equivalent 50.99% Corporate 34.7% Government 14.3% Credit Quality
Rating Value A 0.82% AA 14.68% AAA 84.5% Top Securities Holdings / Portfolio
Name Holding Value Quantity 182 Dtb 24112022
Sovereign Bonds | -6% ₹890 Cr 90,000,000 182 Dtb 01122022
Sovereign Bonds | -4% ₹642 Cr 65,000,000 National Bank For Agriculture And Rural Development
Debentures | -4% ₹570 Cr 5,750
↑ 500 182 Dtb 17112022
Sovereign Bonds | -4% ₹545 Cr 55,000,000 National Bank For Agriculture And Rural Development
Debentures | -3% ₹428 Cr 4,250 Housing Development Finance Corporation Ltd
Debentures | -3% ₹420 Cr 4,200 182 Dtb 10112022
Sovereign Bonds | -3% ₹397 Cr 40,000,000
↓ -30,000,000 Housing Development Finance Corporation Ltd
Debentures | -2% ₹308 Cr 3,100
↑ 1,000 Housing Development Finance Corporation Ltd
Debentures | -2% ₹250 Cr 2,500 Shriram Transport Finance Company Limited
Debentures | -1% ₹202 Cr 2,000 4. IDBI Ultra Short Term Fund
CAGR/Annualized return of 7.1% since its launch. Ranked 78 in Ultrashort Bond category. Return for 2021 was 3.9% , 2020 was 5.1% and 2019 was 6.9% . IDBI Ultra Short Term Fund
Growth Launch Date 3 Sep 10 NAV (30 Sep 22) ₹2,299.51 ↑ 0.83 (0.04 %) Net Assets (Cr) ₹235 on 31 Aug 22 Category Debt - Ultrashort Bond AMC IDBI Asset Management Limited Rating ☆ Risk Moderately Low Expense Ratio 0.6 Sharpe Ratio 0.19 Information Ratio 0 Alpha Ratio 0 Min Investment 5,000 Min SIP Investment 500 Exit Load NIL Yield to Maturity 5.95% Effective Maturity 4 Months 13 Days Modified Duration 3 Months 24 Days Growth of 10,000 investment over the years.
Date Value 30 Sep 17 ₹10,000 30 Sep 18 ₹10,603 30 Sep 19 ₹11,379 30 Sep 20 ₹12,016 30 Sep 21 ₹12,539 Returns for IDBI Ultra Short Term Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 30 Sep 22 Duration Returns 1 Month 0.4% 3 Month 1.3% 6 Month 2% 1 Year 3.8% 3 Year 4.6% 5 Year 5.4% 10 Year 15 Year Since launch 7.1% Historical performance (Yearly) on absolute basis
Year Returns 2021 3.9% 2020 5.1% 2019 6.9% 2018 6.9% 2017 5.8% 2016 7.9% 2015 7.8% 2014 8.7% 2013 9.2% 2012 9.7% Fund Manager information for IDBI Ultra Short Term Fund
Name Since Tenure Raju Sharma 7 Sep 22 0 Yr. Data below for IDBI Ultra Short Term Fund as on 31 Aug 22
Asset Allocation
Asset Class Value Cash 93.81% Debt 6.19% Debt Sector Allocation
Sector Value Cash Equivalent 75.99% Corporate 13.24% Government 10.77% Credit Quality
Rating Value AA 5.75% AAA 94.25% Top Securities Holdings / Portfolio
Name Holding Value Quantity 91 DTB 20102022
Sovereign Bonds | -11% ₹25 Cr 2,500,000 182 Dtb 01122022
Sovereign Bonds | -6% ₹15 Cr 1,500,000 Steel Authority Of India Limited
Debentures | -2% ₹5 Cr 520,000 The Tata Power Company Limited
Debentures | -1% ₹2 Cr 200,000 Rec Limited
Debentures | -1% ₹2 Cr 200,000 Chennai Petroleum Corporation Ltd.
Debentures | -1% ₹2 Cr 200,000 JSW Steel Limited
Debentures | -1% ₹2 Cr 150,000 Godrej Properties Limited
Debentures | -1% ₹2 Cr 150,000 TATA Motors Limited
Debentures | -1% ₹1 Cr 150,000 Piramal Capital & Housing Finance Limited
Debentures | -0% ₹1 Cr 105,700 5. Kotak Savings Fund
CAGR/Annualized return of 7.2% since its launch. Ranked 44 in Ultrashort Bond category. Return for 2021 was 3.2% , 2020 was 5.8% and 2019 was 7.8% . Kotak Savings Fund
Growth Launch Date 13 Aug 04 NAV (30 Sep 22) ₹35.5587 ↑ 0.02 (0.04 %) Net Assets (Cr) ₹13,862 on 31 Aug 22 Category Debt - Ultrashort Bond AMC Kotak Mahindra Asset Management Co Ltd Rating ☆☆☆ Risk Moderately Low Expense Ratio 0.45 Sharpe Ratio -1.51 Information Ratio 0 Alpha Ratio 0 Min Investment 5,000 Min SIP Investment 1,000 Exit Load NIL Yield to Maturity 6.25% Effective Maturity 5 Months 12 Days Modified Duration 4 Months 2 Days Growth of 10,000 investment over the years.
Date Value 30 Sep 17 ₹10,000 30 Sep 18 ₹10,651 30 Sep 19 ₹11,549 30 Sep 20 ₹12,300 30 Sep 21 ₹12,727 Returns for Kotak Savings Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 30 Sep 22 Duration Returns 1 Month 0.3% 3 Month 1.2% 6 Month 1.9% 1 Year 3.7% 3 Year 4.6% 5 Year 5.7% 10 Year 15 Year Since launch 7.2% Historical performance (Yearly) on absolute basis
Year Returns 2021 3.2% 2020 5.8% 2019 7.8% 2018 7.4% 2017 6.7% 2016 8.2% 2015 8.6% 2014 9.4% 2013 8.9% 2012 9.6% Fund Manager information for Kotak Savings Fund
Name Since Tenure Deepak Agrawal 15 Apr 08 14.39 Yr. Vihag Mishra 30 Apr 22 0.34 Yr. Data below for Kotak Savings Fund as on 31 Aug 22
Asset Allocation
Asset Class Value Cash 72.79% Debt 27.21% Debt Sector Allocation
Sector Value Cash Equivalent 41.98% Government 29.22% Corporate 28.79% Credit Quality
Rating Value AA 10.3% AAA 89.7% Top Securities Holdings / Portfolio
Name Holding Value Quantity 182 Dtb 01122022
Sovereign Bonds | -5% ₹667 Cr 67,500,000 182 DTB 22122022
Sovereign Bonds | -4% ₹591 Cr 60,000,000 182 DTB 09032023
Sovereign Bonds | -4% ₹486 Cr 50,000,000
↑ 50,000,000 182 DTB 16032023
Sovereign Bonds | -4% ₹485 Cr 50,000,000
↑ 50,000,000 Power Finance Corporation Ltd.
Debentures | -3% ₹350 Cr 3,500
↓ -300 Shriram Transport Finance Company Limited
Debentures | -2% ₹250 Cr 2,450 182 Dtb 15122022
Sovereign Bonds | -1% ₹202 Cr 20,500,000
↓ -30,000,000 Muthoot Finance Limited
Debentures | -1% ₹200 Cr 2,000,000 LIC Housing Finance Limited
Debentures | -1% ₹175 Cr 1,750 Housing Development Finance Corporation Ltd
Debentures | -1% ₹175 Cr 1,750
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.
AMFI Registration No. 112358 | CIN: U74999MH2016PTC282153
Shepard Technologies Pvt. Ltd. (with ARN code 112358) makes no warranties or representations, express or implied, on products offered through the platform. It accepts no liability for any damages or losses, however caused, in connection with the use of, or on the reliance of its product or related services. Terms and conditions of the website are applicable.
©2022 Shepard Technologies Private Limited. All Rights Reserved