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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 January 21, 2020 , 318 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 (%)2018 (%)Debt Yield (YTM)Mod. DurationEff. Maturity
Aditya Birla Sun Life Savings Fund Growth ₹393.383
↑ 0.11
₹15,847 1,000 1.63.88.37.68.56.31%5M 16D6M 7D
Franklin India Ultra Short Bond Fund - Super Institutional Plan Growth ₹27.0163
↑ 0.01
₹16,894 500 -2.204.67.29.610.37%5M 19D7M 2D
Indiabulls Ultra Short Term Fund Growth ₹1,915.26
↑ 0.35
₹36 500 1.43.17.37.17.65.51%5M 19D
BOI AXA Ultra Short Duration Fund Growth ₹2,393.21
↑ 0.39
₹293 1,000 1.43.37.37.67.55.73%4M 24D5M 9D
UTI Ultra Short Term Fund Growth ₹3,084.01
↑ 0.75
₹2,276 2,500 1.63.53.25.63.37.48%3M 7D4M 13D
Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 23 Jan 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 (23 Jan 20) ₹393.383 ↑ 0.11   (0.03 %)
Net Assets (Cr) ₹15,847 on 31 Dec 19
Category Debt - Ultrashort Bond
AMC Birla Sun Life Asset Management Co Ltd
Rating
Risk Moderately Low
Expense Ratio 0.35
Sharpe Ratio 9.33
Information Ratio 0
Alpha Ratio 0
Min Investment 1,000
Min SIP Investment 1,000
Exit Load NIL
Yield to Maturity 6.31%
Effective Maturity 6 Months 7 Days
Modified Duration 5 Months 16 Days

Growth of 10,000 investment over the years.

DateValue
31 Dec 14₹10,000
31 Dec 15₹10,889
31 Dec 16₹11,895
31 Dec 17₹12,751
31 Dec 18₹13,724
31 Dec 19₹14,885

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 Jan 20

DurationReturns
1 Month 0.6%
3 Month 1.6%
6 Month 3.8%
1 Year 8.3%
3 Year 7.6%
5 Year 8.2%
10 Year
15 Year
Since launch 7.8%
Historical performance (Yearly) on absolute basis
YearReturns
2018 8.5%
2017 7.6%
2016 7.2%
2015 9.2%
2014 8.9%
2013 9.7%
2012 9.5%
2011 9.7%
2010 9.2%
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 31 Dec 19

Asset Allocation
Asset ClassValue
Cash53.03%
Debt46.97%
Debt Sector Allocation
SectorValue
Corporate54.16%
Cash Equivalent25.93%
Government19.16%
Securitized0.76%
Credit Quality
RatingValue
AA11.55%
AAA88.45%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
IndusInd Bank Limited
Certificate of Deposit | -
4%₹639 Cr65,000
↑ 65,000
8.39% RJ SDL Spl 2020
Domestic Bonds | -
3%₹553 Cr54,845,000
↑ 48,345,000
Steel Authority Of India Limited
Commercial Paper | -
3%₹495 Cr10,000
↑ 10,000
Power Finance Corporation Ltd.
Debentures | -
3%₹469 Cr4,650
IndusInd Bank Limited
Certificate of Deposit | -
3%₹439 Cr45,000
↑ 45,000
Net Receivables / (Payables)
Net Current Assets | -
3%₹435 Cr
Rural Electrification Corporation Limited
Debentures | -
3%₹429 Cr4,263
Bharti Telecom Limited
Debentures | -
3%₹404 Cr3,500
Reliance Jio Infocomm Limited
Commercial Paper | -
2%₹397 Cr8,000
↑ 8,000
National Bank For Agriculture And Rural Development
Debentures | -
2%₹387 Cr3,850
↓ -1,500

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 (23 Jan 20) ₹27.0163 ↑ 0.01   (0.04 %)
Net Assets (Cr) ₹16,894 on 31 Dec 19
Category Debt - Ultrashort Bond
AMC Franklin Templeton Asst Mgmt(IND)Pvt Ltd
Rating
Risk Moderate
Expense Ratio 0.42
Sharpe Ratio 12.5
Information Ratio 0
Alpha Ratio 0
Min Investment 10,000
Min SIP Investment 500
Exit Load NIL
Yield to Maturity 10.37%
Effective Maturity 7 Months 2 Days
Modified Duration 5 Months 19 Days

Growth of 10,000 investment over the years.

DateValue
31 Dec 14₹10,000
31 Dec 15₹10,974
31 Dec 16₹12,036
31 Dec 17₹13,025
31 Dec 18₹14,162
31 Dec 19₹15,515

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 23 Jan 20

DurationReturns
1 Month -3.6%
3 Month -2.2%
6 Month 0%
1 Year 4.6%
3 Year 7.2%
5 Year 8.2%
10 Year
15 Year
Since launch 8.6%
Historical performance (Yearly) on absolute basis
YearReturns
2018 9.6%
2017 8.7%
2016 8.2%
2015 9.7%
2014 9.7%
2013 10%
2012 10%
2011 10.3%
2010 9.4%
2009 5.9%
Fund Manager information for Franklin India Ultra Short Bond Fund - Super Institutional Plan
NameSinceTenure
Santosh Kamath25 Oct 181.1 Yr.
Pallab Roy1 Jun 0811.5 Yr.

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

Asset Allocation
Asset ClassValue
Cash10.07%
Debt82.83%
Other7.1%
Debt Sector Allocation
SectorValue
Corporate84.76%
Cash Equivalent6.71%
Government1.44%
Credit Quality
RatingValue
A27.93%
AA61.79%
AAA5.75%
BBB4.54%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
Call, Cash & Other Assets
Receivables | -
7%₹1,198 Cr
Vedanta Limited
Debentures | -
5%₹795 Cr7,900
Vodafone Mobile Services Limited
Debentures | -
4%₹711 Cr7,990
Renew Power Ventures Private Limited
Debentures | -
4%₹674 Cr6,740
Bharti Airtel Limited
Debentures | -
3%₹546 Cr5,500
JM FINANCIAL CREDIT SOLUTIONS LIMITED
Debentures | -
3%₹541 Cr5,400
Indostar Capital Finance Limited
Debentures | -
3%₹440 Cr4,400
Bharti Airtel Limited
Debentures | -
2%₹399 Cr4,000
INDOSTAR CAPITAL FINANCE LIMITED
Debentures | -
2%₹391 Cr3,900
↑ 3,900
NIRCHEM Cement Limited
Debentures | -
2%₹378 Cr3,750

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 (23 Jan 20) ₹1,915.26 ↑ 0.35   (0.02 %)
Net Assets (Cr) ₹36 on 31 Dec 19
Category Debt - Ultrashort Bond
AMC Indiabulls Asset Management Company Ltd.
Rating
Risk Moderately Low
Expense Ratio 0.7
Sharpe Ratio 7.56
Information Ratio 0
Alpha Ratio 0
Min Investment 500
Min SIP Investment 500
Exit Load NIL
Yield to Maturity 5.51%
Effective Maturity 5 Months 19 Days
Modified Duration

Growth of 10,000 investment over the years.

DateValue

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 23 Jan 20

DurationReturns
1 Month 0.4%
3 Month 1.4%
6 Month 3.1%
1 Year 7.3%
3 Year 7.1%
5 Year 7.8%
10 Year
15 Year
Since launch 8.4%
Historical performance (Yearly) on absolute basis
YearReturns
2018 7.6%
2017 7.1%
2016 6.9%
2015 8.8%
2014 8.8%
2013 9.3%
2012 8.8%
2011
2010
2009
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 31 Dec 19

Asset Allocation
Asset ClassValue
Cash53.34%
Debt46.66%
Debt Sector Allocation
SectorValue
Corporate69.12%
Cash Equivalent20.36%
Government10.52%
Credit Quality
RatingValue
AAA100%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
State Bank Of Patiala
Debentures | -
39%₹14 Cr1,420,000
HOUSING DEVELOPMENT FINANCE CORPORATION LIMITED
Commercial Paper | -
12%₹4 Cr450,000
INDIAN BANK
Certificate of Deposit | -
11%₹4 Cr400,000
IDFC FIRST BANK LIMITED
Certificate of Deposit | -
10%₹4 Cr400,000
Reliance Jio Infocomm Limited
Commercial Paper | -
9%₹3 Cr350,000
↑ 350,000
LIC Housing Finance Limited
Debentures | -
8%₹3 Cr300,000
Net Receivable/Payable
Net Current Assets | -
6%₹2 Cr
Ccil
CBLO/Reverse Repo | -
3%₹1 Cr1,260
↓ -7,140
Reliance Retail Limited
Commercial Paper | -
1%₹0 Cr50,000
↑ 50,000

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 7.9% 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 (23 Jan 20) ₹2,393.21 ↑ 0.39   (0.02 %)
Net Assets (Cr) ₹293 on 31 Dec 19
Category Debt - Ultrashort Bond
AMC BOI AXA Investment Mngrs Private Ltd
Rating
Risk Moderately Low
Expense Ratio 0.63
Sharpe Ratio 8.94
Information Ratio 1.9
Alpha Ratio -0.22
Min Investment 5,000
Min SIP Investment 1,000
Exit Load NIL
Yield to Maturity 5.73%
Effective Maturity 5 Months 9 Days
Modified Duration 4 Months 24 Days

Growth of 10,000 investment over the years.

DateValue
31 Dec 14₹10,000
31 Dec 15₹10,868
31 Dec 16₹11,863
31 Dec 17₹12,806
31 Dec 18₹13,780
31 Dec 19₹14,818

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 Jan 20

DurationReturns
1 Month 0.4%
3 Month 1.4%
6 Month 3.3%
1 Year 7.3%
3 Year 7.6%
5 Year 8.1%
10 Year
15 Year
Since launch 7.9%
Historical performance (Yearly) on absolute basis
YearReturns
2018 7.5%
2017 7.6%
2016 8%
2015 9.1%
2014 8.7%
2013 9.3%
2012 9.2%
2011 8.5%
2010 8.2%
2009 5%
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 31 Dec 19

Asset Allocation
Asset ClassValue
Cash75.33%
Debt24.67%
Debt Sector Allocation
SectorValue
Cash Equivalent48.74%
Corporate35.55%
Government15.71%
Credit Quality
RatingValue
A8.04%
AAA91.96%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
Avendus Finance Private Limited
Debentures | -
7%₹26 Cr2,600,000
NTPC Limited
Debentures | -
7%₹25 Cr2,500,000
↑ 2,500,000
MAHINDRA & MAHINDRA FINANCIAL SERVICES LIMITED
Debentures | -
7%₹25 Cr2,500,000
NATIONAL HOUSING BANK
Debentures | -
7%₹25 Cr2,500,000
HOUSING DEVELOPMENT FINANCE CORPORATION LIMITED
Commercial Paper | -
7%₹25 Cr2,500,000
SMALL INDUSTRIES DEVELOPMENT BANK OF INDIA
Certificate of Deposit | -
7%₹25 Cr2,500,000
ICICI Bank Limited
Certificate of Deposit | -
7%₹25 Cr2,500,000
Bank Of Baroda
Certificate of Deposit | -
7%₹25 Cr2,500,000
Export-Import Bank Of India
Certificate of Deposit | -
7%₹25 Cr2,500,000
INDIAN BANK
Certificate of Deposit | -
7%₹24 Cr2,500,000

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 (23 Jan 20) ₹3,084.01 ↑ 0.75   (0.02 %)
Net Assets (Cr) ₹2,276 on 31 Dec 19
Category Debt - Ultrashort Bond
AMC UTI Asset Management Company Ltd
Rating
Risk Moderately Low
Expense Ratio 0.99
Sharpe Ratio 0
Information Ratio 0
Alpha Ratio 0
Min Investment 5,000
Min SIP Investment 2,500
Exit Load NIL
Yield to Maturity 7.48%
Effective Maturity 4 Months 13 Days
Modified Duration 3 Months 7 Days

Growth of 10,000 investment over the years.

DateValue
31 Dec 14₹10,000
31 Dec 15₹10,851
31 Dec 16₹11,813
31 Dec 17₹12,598
31 Dec 18₹13,482
31 Dec 19₹13,923

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 Jan 20

DurationReturns
1 Month 0.5%
3 Month 1.6%
6 Month 3.5%
1 Year 3.2%
3 Year 5.6%
5 Year 6.8%
10 Year
15 Year
Since launch 7.1%
Historical performance (Yearly) on absolute basis
YearReturns
2018 3.3%
2017 7%
2016 6.6%
2015 8.9%
2014 8.5%
2013 8.8%
2012 9.8%
2011 9%
2010 8.2%
2009 5.4%
Fund Manager information for UTI Ultra Short Term Fund
NameSinceTenure
Sudhir Agarwal1 Jul 154.42 Yr.
Ritesh Nambiar1 Jul 154.42 Yr.

Data below for UTI Ultra Short Term Fund as on 31 Dec 19

Asset Allocation
Asset ClassValue
Cash81.54%
Debt18.46%
Debt Sector Allocation
SectorValue
Cash Equivalent48.18%
Corporate41.69%
Government10.13%
Credit Quality
RatingValue
A13.14%
AA17.89%
AAA68.97%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
Net Current Assets
Net Current Assets | -
27%₹647 Cr00
Avanse Financial Services Limited
Debentures | -
10%₹232 Cr2,350
Edelweiss Commodities Services Limited
Debentures | -
8%₹198 Cr2,000
HOUSING DEVELOPMENT FINANCE CORPORATION LIMITED
Commercial Paper | -
8%₹193 Cr2,000,000,000
Andhra Bank
Certificate of Deposit | -
5%₹123 Cr1,250,000,000
AXIS BANK LIMITED
Certificate of Deposit | -
4%₹100 Cr1,000,000,000
NATIONAL BANK FOR AGRICULTURE AND RURAL DEVELOPMENT
Certificate of Deposit | -
4%₹99 Cr1,000,000,000
↓ -250,000,000
IndusInd Bank Limited
Certificate of Deposit | -
4%₹99 Cr1,000,000,000
SMALL INDUSTRIES DEVELOPMENT BANK OF INDIA
Certificate of Deposit | -
3%₹75 Cr750,000,000
National Bank For Agriculture And Rural Development
Commercial Paper | -
3%₹74 Cr750,000,000

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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