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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 August 22, 2019 , 166 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 ₹27.2229
↓ 0.00
₹19,954 500 2.34.79.88.98.79.67%6M 7D7M 6D
Aditya Birla Sun Life Savings Fund Growth ₹382.056
↑ 0.10
₹15,237 1,000 2.34.597.97.67.25%6M 11D7M 2D
BOI AXA Ultra Short Duration Fund Growth ₹2,333.19
↑ 0.46
₹322 1,000 24.18.187.66.72%5M 5D5M 22D
Indiabulls Ultra Short Term Fund Growth ₹1,868.97
↑ 0.38
₹85 500 1.94.187.57.16.62%3M 29D
UTI Ultra Short Term Fund Growth ₹2,988.24
↑ 0.62
₹3,133 2,500 -2.3-0.53.15.778%4M 28D5M 25D
Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 23 Aug 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 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 (23 Aug 19) ₹27.2229 ↓ 0.00   (-0.01 %)
Net Assets (Cr) ₹19,954 on 31 Jul 19
Category Debt - Ultrashort Bond
AMC Franklin Templeton Asst Mgmt(IND)Pvt Ltd
Rating
Risk Moderate
Expense Ratio 0.37
Sharpe Ratio 8.72
Information Ratio 3.41
Alpha Ratio 0.14
Min Investment 10,000
Min SIP Investment 500
Exit Load NIL
Yield to Maturity 9.67%
Effective Maturity 7 Months 6 Days
Modified Duration 6 Months 7 Days

Growth of 10,000 investment over the years.

DateValue
31 Jul 14₹10,000
31 Jul 15₹10,987
31 Jul 16₹12,048
31 Jul 17₹13,169
31 Jul 18₹14,173
31 Jul 19₹15,552

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 23 Aug 19

DurationReturns
1 Month 0.8%
3 Month 2.3%
6 Month 4.7%
1 Year 9.8%
3 Year 8.9%
5 Year 9.2%
10 Year
15 Year
Since launch 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 180.6 Yr.
Pallab Roy1 Jun 0811 Yr.

Data below for Franklin India Ultra Short Bond Fund - Super Institutional Plan as on 31 Jul 19

Asset Allocation
Asset ClassValue
Cash22.69%
Debt70.31%
Other7%
Debt Sector Allocation
SectorValue
Corporate68.57%
Cash Equivalent22.69%
Government1.74%
Credit Quality
RatingValue
A39.39%
AA43.8%
AAA16.81%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
Call, Cash & Other Assets
Receivables | -
7%₹1,396 Cr
Vedanta Limited
Debentures | -
4%₹788 Cr7,900
↑ 1,950
Vodafone Mobile Services Limited
Debentures | -
4%₹775 Cr7,990
DOLVI Minerals & Metals Private Limited
Debentures | -
3%₹695 Cr3,910
↑ 130
Renew Power Ventures Private Limited
Debentures | -
3%₹662 Cr6,740
JM FINANCIAL CREDIT SOLUTIONS LIMITED
Debentures | -
3%₹539 Cr5,400
↑ 5,400
REC LIMITED
Commercial Paper | -
2%₹459 Cr9,500
Indostar Capital Finance Limited
Debentures | -
2%₹439 Cr4,400
REC LIMITED
Commercial Paper | -
2%₹396 Cr8,000
INDOSTAR CAPITAL FINANCE LIMITED
Debentures | -
2%₹391 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 (23 Aug 19) ₹382.056 ↑ 0.10   (0.03 %)
Net Assets (Cr) ₹15,237 on 31 Jul 19
Category Debt - Ultrashort Bond
AMC Birla Sun Life Asset Management Co Ltd
Rating
Risk Moderately Low
Expense Ratio 0.35
Sharpe Ratio 8.98
Information Ratio 0.4
Alpha Ratio 3.1
Min Investment 1,000
Min SIP Investment 1,000
Exit Load NIL
Yield to Maturity 7.25%
Effective Maturity 7 Months 2 Days
Modified Duration 6 Months 11 Days

Growth of 10,000 investment over the years.

DateValue
31 Jul 14₹10,000
31 Jul 15₹10,943
31 Jul 16₹11,942
31 Jul 17₹12,934
31 Jul 18₹13,777
31 Jul 19₹14,991

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 23 Aug 19

DurationReturns
1 Month 0.8%
3 Month 2.3%
6 Month 4.5%
1 Year 9%
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 31 Jul 19

Asset Allocation
Asset ClassValue
Cash47.95%
Debt52.05%
Debt Sector Allocation
SectorValue
Cash Equivalent47.95%
Corporate35.21%
Government12.85%
Securitized3.98%
Credit Quality
RatingValue
AA16.48%
AAA83.52%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
Power Finance Corporation Ltd.
Debentures | -
3%₹464 Cr4,650
HOUSING DEVELOPMENT FINANCE CORPORATION LIMITED
Commercial Paper | -
3%₹443 Cr9,000
↓ -2,000
Rural Electrification Corporation Limited
Debentures | -
3%₹427 Cr4,263
↑ 2,500
Bharti Telecom Limited
Debentures | -
3%₹392 Cr3,500
↑ 1,000
IndusInd Bank Limited
Certificate of Deposit | -
2%₹344 Cr35,000
Net Receivables / (Payables)
Net Current Assets | -
2%₹343 Cr
AXIS BANK LIMITED
Certificate of Deposit | -
2%₹342 Cr35,000
↑ 10,000
Reliance Industries Limited
Debentures | -
2%₹313 Cr3,150
POWER FINANCE CORPORATION LIMITED
Debentures | -
2%₹307 Cr3,050
↑ 500
Rural Electrification Corporation Limited
Debentures | -
2%₹301 Cr3,000

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 (23 Aug 19) ₹2,333.19 ↑ 0.46   (0.02 %)
Net Assets (Cr) ₹322 on 31 Jul 19
Category Debt - Ultrashort Bond
AMC BOI AXA Investment Mngrs Private Ltd
Rating
Risk Moderately Low
Expense Ratio 0.65
Sharpe Ratio 8.85
Information Ratio 2.1
Alpha Ratio -0.22
Min Investment 5,000
Min SIP Investment 1,000
Exit Load NIL
Yield to Maturity 6.72%
Effective Maturity 5 Months 22 Days
Modified Duration 5 Months 5 Days

Growth of 10,000 investment over the years.

DateValue
31 Jul 14₹10,000
31 Jul 15₹10,918
31 Jul 16₹11,880
31 Jul 17₹12,921
31 Jul 18₹13,858
31 Jul 19₹14,965

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 23 Aug 19

DurationReturns
1 Month 0.7%
3 Month 2%
6 Month 4.1%
1 Year 8.1%
3 Year 8%
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 180.57 Yr.
Amit Modani5 Dec 180.57 Yr.

Data below for BOI AXA Ultra Short Duration Fund as on 31 Jul 19

Asset Allocation
Asset ClassValue
Cash76.38%
Debt23.62%
Debt Sector Allocation
SectorValue
Cash Equivalent76.38%
Corporate23.62%
Credit Quality
RatingValue
A8.48%
AAA91.52%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
Avendus Finance Private Limited
Debentures | -
8%₹26 Cr2,600,000
NATIONAL HOUSING BANK
Debentures | -
8%₹25 Cr2,500,000
ICICI Bank Limited
Certificate of Deposit | -
8%₹25 Cr2,500,000
NTPC LIMITED
Commercial Paper | -
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 | -
7%₹24 Cr2,500,000
HOUSING DEVELOPMENT FINANCE CORPORATION LIMITED
Commercial Paper | -
7%₹24 Cr2,500,000
↑ 500,000
Export-Import Bank Of India
Certificate of Deposit | -
7%₹24 Cr2,500,000
INDIAN BANK
Certificate of Deposit | -
7%₹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 (23 Aug 19) ₹1,868.97 ↑ 0.38   (0.02 %)
Net Assets (Cr) ₹85 on 31 Jul 19
Category Debt - Ultrashort Bond
AMC Indiabulls Asset Management Company Ltd.
Rating
Risk Moderately Low
Expense Ratio 0.71
Sharpe Ratio 7.53
Information Ratio 0.95
Alpha Ratio -0.18
Min Investment 500
Min SIP Investment 500
Exit Load NIL
Yield to Maturity 6.62%
Effective Maturity 3 Months 29 Days
Modified Duration

Growth of 10,000 investment over the years.

DateValue
31 Jul 14₹10,000
31 Jul 15₹10,936
31 Jul 16₹11,861
31 Jul 17₹12,830
31 Jul 18₹13,676
31 Jul 19₹14,759

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 23 Aug 19

DurationReturns
1 Month 0.6%
3 Month 1.9%
6 Month 4.1%
1 Year 8%
3 Year 7.5%
5 Year 8.1%
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 Yr.
Malay Shah22 Aug 144.78 Yr.
Sourabh Sharma17 Jan 190.37 Yr.

Data below for Indiabulls Ultra Short Term Fund as on 31 Jul 19

Asset Allocation
Asset ClassValue
Cash67.84%
Debt32.16%
Debt Sector Allocation
SectorValue
Cash Equivalent61.5%
Corporate38.5%
Credit Quality
RatingValue
AA15.07%
AAA84.93%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
Bank Of Baroda
Certificate of Deposit | -
20%₹14 Cr1,500,000
State Bank Of Patiala
Debentures | -
20%₹14 Cr1,420,000
TALWANDI SABO POWER LTD
Debentures | -
14%₹10 Cr1,000,000
AXIS BANK LIMITED
Certificate of Deposit | -
13%₹10 Cr1,000,000
↑ 1,000,000
Net Receivable/Payable
Net Current Assets | -
11%₹8 Cr
Tata Capital Financial Services Limited
Debentures | -
7%₹5 Cr500,000
Union Bank Of India
Certificate of Deposit | -
7%₹5 Cr500,000
↑ 500,000
LIC Housing Finance Limited
Debentures | -
4%₹3 Cr300,000
Treps 01-July-2019
CBLO/Reverse Repo | -
3%₹2 Cr195,000
↑ 195,000

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 (23 Aug 19) ₹2,988.24 ↑ 0.62   (0.02 %)
Net Assets (Cr) ₹3,133 on 31 Jul 19
Category Debt - Ultrashort Bond
AMC UTI Asset Management Company Ltd
Rating
Risk Moderately Low
Expense Ratio 1.16
Sharpe Ratio 0.02
Information Ratio 0
Alpha Ratio 0
Min Investment 5,000
Min SIP Investment 2,500
Exit Load NIL
Yield to Maturity 8%
Effective Maturity 5 Months 25 Days
Modified Duration 4 Months 28 Days

Growth of 10,000 investment over the years.

DateValue
31 Jul 14₹10,000
31 Jul 15₹10,884
31 Jul 16₹11,829
31 Jul 17₹12,749
31 Jul 18₹13,547
31 Jul 19₹14,018

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 23 Aug 19

DurationReturns
1 Month 0.3%
3 Month -2.3%
6 Month -0.5%
1 Year 3.1%
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 31 Jul 19

Asset Allocation
Asset ClassValue
Cash75.97%
Debt24.03%
Debt Sector Allocation
SectorValue
Cash Equivalent75.95%
Corporate23.25%
Government0.8%
Credit Quality
RatingValue
A10.73%
AA14.27%
AAA69.82%
BBB5.18%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
Net Current Assets
Net Current Assets | -
8%₹259 Cr00
UTI Liquid Cash Plan Dir Gr
Investment Fund | -
8%₹250 Cr798,021
↑ 798,021
Avanse Financial Services Limited
Debentures | -
7%₹230 Cr2,350
Reliance Retail Limited
Commercial Paper | -
6%₹199 Cr2,000,000,000
Edelweiss Commodities Services Limited
Debentures | -
6%₹197 Cr2,000
NTPC LIMITED
Commercial Paper | -
6%₹197 Cr2,000,000,000
↑ 2,000,000,000
HOUSING DEVELOPMENT FINANCE CORPORATION LIMITED
Commercial Paper | -
6%₹187 Cr2,000,000,000
↑ 2,000,000,000
Indian Oil Corporation Limited
Commercial Paper | -
5%₹149 Cr1,500,000,000
↑ 1,500,000,000
Business Broadcast News Holdings Limited
Debentures | -
4%₹135 Cr1,500
Small Industries Development Bank Of India
Debentures | -
3%₹100 Cr1,000

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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