+91-22-48913909Top 10 Best Performing Ultra Short Term Funds for 2024
Ultra Short Term fund is a notch above liquid fund with respect to the maturity profile of the Underlying assets forming part of its Portfolio. People who are willing to marginally increase their risk-appetite and earn more returns can wish to invest in Ultra short term funds. Also, known as Cash or Treasury Management Funds, these schemes earn more returns as compared to Liquid Funds. Many of the Ultra Short Term Funds do not have exit loads. Even if they have exit load, it exists for a low duration period. In 2024, the performance of Ultra Short Term Funds was considerable. They have earned good returns for their investors. So, let us see the top 10 best performing Ultra Short Term Fund for 2024 on the Basis of performance (returns).
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Top 10 Performing Ultra Short Term Funds for 2024 Based on Performance
Fund NAV Net Assets (Cr) 2024 (%) 2023 (%) 2022 (%) Debt Yield (YTM) Mod. Duration Eff. Maturity Aditya Birla Sun Life Savings Fund Growth ₹572.626
↑ 0.20 ₹21,467 7.4 7.9 7.2 7.14% 5M 23D 6M 18D ICICI Prudential Ultra Short Term Fund Growth ₹28.8946
↑ 0.01 ₹14,897 7.1 7.5 6.9 7.11% 5M 8D 6M 14D SBI Magnum Ultra Short Duration Fund Growth ₹6,229.46
↑ 1.52 ₹13,685 7 7.4 7 6.47% 4M 13D 6M Invesco India Ultra Short Term Fund Growth ₹2,806.14
↑ 0.45 ₹1,292 6.8 7.5 6.6 6.95% 5M 2D 5M 10D Kotak Savings Fund Growth ₹44.6851
↑ 0.02 ₹16,105 6.8 7.2 6.8 7.12% 5M 23D 6M 18D Nippon India Ultra Short Duration Fund Growth ₹4,196.44
↑ 0.70 ₹10,672 6.8 7.2 6.7 7.27% 5M 13D 7M 28D DSP Money Manager Fund Growth ₹3,537.98
↑ 0.59 ₹3,714 6.7 6.9 6.7 6.93% 5M 5D 7M 10D UTI Ultra Short Term Fund Growth ₹4,408.48
↑ 0.51 ₹3,946 6.6 7.2 6.7 6.76% 4M 23D 5M 19D Canara Robeco Ultra Short Term Fund Growth ₹3,944.99
↑ 0.53 ₹544 6.5 6.8 6.4 6.9% 4M 21D 1Y 1M 15D BOI AXA Ultra Short Duration Fund Growth ₹3,283.21
↑ 0.69 ₹165 6.5 6.7 6.2 6.51% 4M 20D 4M 20D Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 20 Mar 26 Research Highlights & Commentary of 10 Funds showcased
Commentary Aditya Birla Sun Life Savings Fund ICICI Prudential Ultra Short Term Fund SBI Magnum Ultra Short Duration Fund Invesco India Ultra Short Term Fund Kotak Savings Fund Nippon India Ultra Short Duration Fund DSP Money Manager Fund UTI Ultra Short Term Fund Canara Robeco Ultra Short Term Fund BOI AXA Ultra Short Duration Fund Point 1 Highest AUM (₹21,467 Cr). Upper mid AUM (₹14,897 Cr). Upper mid AUM (₹13,685 Cr). Bottom quartile AUM (₹1,292 Cr). Top quartile AUM (₹16,105 Cr). Upper mid AUM (₹10,672 Cr). Lower mid AUM (₹3,714 Cr). Lower mid AUM (₹3,946 Cr). Bottom quartile AUM (₹544 Cr). Bottom quartile AUM (₹165 Cr). Point 2 Established history (22+ yrs). Established history (14+ yrs). Oldest track record among peers (26 yrs). Established history (15+ yrs). Established history (21+ yrs). Established history (24+ yrs). Established history (19+ yrs). Established history (22+ yrs). Established history (17+ yrs). Established history (17+ yrs). Point 3 Top rated. Rating: 3★ (upper mid). Rating: 3★ (upper mid). Rating: 3★ (lower mid). Rating: 3★ (lower mid). Rating: 2★ (bottom quartile). Rating: 2★ (bottom quartile). Rating: 4★ (top quartile). Rating: 2★ (bottom quartile). Rating: 4★ (upper mid). Point 4 Risk profile: Moderately Low. Risk profile: Moderate. Risk profile: Low. Risk profile: Moderate. Risk profile: Moderately Low. Risk profile: Low. Risk profile: Moderately Low. Risk profile: Moderately Low. Risk profile: Low. Risk profile: Moderately Low. Point 5 1Y return: 7.01% (top quartile). 1Y return: 6.75% (top quartile). 1Y return: 6.62% (upper mid). 1Y return: 6.36% (lower mid). 1Y return: 6.59% (upper mid). 1Y return: 6.48% (upper mid). 1Y return: 6.07% (bottom quartile). 1Y return: 6.26% (lower mid). 1Y return: 6.10% (bottom quartile). 1Y return: 6.04% (bottom quartile). Point 6 1M return: 0.38% (upper mid). 1M return: 0.39% (top quartile). 1M return: 0.39% (upper mid). 1M return: 0.36% (bottom quartile). 1M return: 0.44% (top quartile). 1M return: 0.38% (upper mid). 1M return: 0.37% (lower mid). 1M return: 0.35% (bottom quartile). 1M return: 0.37% (lower mid). 1M return: 0.34% (bottom quartile). Point 7 Sharpe: 2.39 (top quartile). Sharpe: 2.28 (top quartile). Sharpe: 2.26 (upper mid). Sharpe: 1.54 (lower mid). Sharpe: 1.80 (upper mid). Sharpe: 1.90 (upper mid). Sharpe: 0.95 (bottom quartile). Sharpe: 1.38 (lower mid). Sharpe: 0.72 (bottom quartile). Sharpe: 0.77 (bottom quartile). Point 8 Information ratio: 0.00 (top quartile). Information ratio: 0.00 (top quartile). Information ratio: 0.00 (upper mid). Information ratio: 0.00 (upper mid). Information ratio: 0.00 (upper mid). Information ratio: 0.00 (lower mid). Information ratio: 0.00 (lower mid). Information ratio: 0.00 (bottom quartile). Information ratio: 0.00 (bottom quartile). Information ratio: 0.00 (bottom quartile). Point 9 Yield to maturity (debt): 7.14% (top quartile). Yield to maturity (debt): 7.11% (upper mid). Yield to maturity (debt): 6.47% (bottom quartile). Yield to maturity (debt): 6.95% (upper mid). Yield to maturity (debt): 7.12% (upper mid). Yield to maturity (debt): 7.27% (top quartile). Yield to maturity (debt): 6.93% (lower mid). Yield to maturity (debt): 6.76% (bottom quartile). Yield to maturity (debt): 6.90% (lower mid). Yield to maturity (debt): 6.51% (bottom quartile). Point 10 Modified duration: 0.48 yrs (bottom quartile). Modified duration: 0.44 yrs (lower mid). Modified duration: 0.37 yrs (top quartile). Modified duration: 0.42 yrs (upper mid). Modified duration: 0.48 yrs (bottom quartile). Modified duration: 0.45 yrs (bottom quartile). Modified duration: 0.43 yrs (lower mid). Modified duration: 0.40 yrs (upper mid). Modified duration: 0.39 yrs (upper mid). Modified duration: 0.39 yrs (top quartile). Aditya Birla Sun Life Savings Fund
ICICI Prudential Ultra Short Term Fund
SBI Magnum Ultra Short Duration Fund
Invesco India Ultra Short Term Fund
Kotak Savings Fund
Nippon India Ultra Short Duration Fund
DSP Money Manager Fund
UTI Ultra Short Term Fund
Canara Robeco Ultra Short Term Fund
BOI AXA Ultra Short Duration Fund
Best Ultra Short Term Funds for the year 2024
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. Below is the key information for Aditya Birla Sun Life Savings 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. Research Highlights for ICICI Prudential Ultra Short Term Fund Below is the key information for ICICI Prudential Ultra Short Term Fund Returns up to 1 year are on (Erstwhile SBI Magnum InstaCash Fund) To provide the investors an opportunity to earn returns through investment in
debt & money market securities, while having the benefit of a very high degree of liquidity. Research Highlights for SBI Magnum Ultra Short Duration Fund Below is the key information for SBI Magnum Ultra Short Duration Fund Returns up to 1 year are on (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. Research Highlights for Invesco India Ultra Short Term Fund Below is the key information for Invesco India 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. Research Highlights for Kotak Savings Fund Below is the key information for Kotak 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. Research Highlights for Nippon India Ultra Short Duration Fund Below is the key information for Nippon India Ultra Short Duration Fund Returns up to 1 year are on "The primary investment objective of the Scheme is to seek to generate reasonable returns commensurate with low risk and a high degree of liquidity, from a portfolio constituted of money market securities and high quality debt securities. However, there can be no assurance that the investment objective of the Scheme will be realized." Research Highlights for DSP Money Manager Fund Below is the key information for DSP Money Manager Fund Returns up to 1 year are on (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. Research Highlights for UTI Ultra Short Term Fund Below is the key information for UTI Ultra Short Term Fund Returns up to 1 year are on (Erstwhile Canara Robeco Treasury Advantage Fund) To generate income/capital appreciation through a low risk strategy by investment in Money Market Instruments (MMI). However, there can be no assurance that the investment objective of the scheme will be realized. Research Highlights for Canara Robeco Ultra Short Term Fund Below is the key information for Canara Robeco Ultra Short Term Fund Returns up to 1 year are on (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. Research Highlights for BOI AXA Ultra Short Duration Fund Below is the key information for BOI AXA Ultra Short Duration Fund Returns up to 1 year are on 1. Aditya Birla Sun Life Savings Fund
Aditya Birla Sun Life Savings Fund
Growth Launch Date 16 Apr 03 NAV (20 Mar 26) ₹572.626 ↑ 0.20 (0.03 %) Net Assets (Cr) ₹21,467 on 28 Feb 26 Category Debt - Ultrashort Bond AMC Birla Sun Life Asset Management Co Ltd Rating ☆☆☆☆☆ Risk Moderately Low Expense Ratio 0.55 Sharpe Ratio 2.39 Information Ratio 0 Alpha Ratio 0 Min Investment 1,000 Min SIP Investment 1,000 Exit Load NIL Yield to Maturity 7.14% Effective Maturity 6 Months 18 Days Modified Duration 5 Months 23 Days Growth of 10,000 investment over the years.
Date Value 28 Feb 21 ₹10,000 28 Feb 22 ₹10,424 28 Feb 23 ₹10,957 29 Feb 24 ₹11,766 28 Feb 25 ₹12,673 28 Feb 26 ₹13,576 Returns for Aditya Birla Sun Life Savings Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 20 Mar 26 Duration Returns 1 Month 0.4% 3 Month 1.4% 6 Month 2.9% 1 Year 7% 3 Year 7.4% 5 Year 6.3% 10 Year 15 Year Since launch 7.4% Historical performance (Yearly) on absolute basis
Year Returns 2024 7.4% 2023 7.9% 2022 7.2% 2021 4.8% 2020 3.9% 2019 7% 2018 8.5% 2017 7.6% 2016 7.2% 2015 9.2% Fund Manager information for Aditya Birla Sun Life Savings Fund
Name Since Tenure Sunaina Cunha 20 Jun 14 11.7 Yr. Kaustubh Gupta 15 Jul 11 14.64 Yr. Monika Gandhi 22 Mar 21 4.94 Yr. Data below for Aditya Birla Sun Life Savings Fund as on 28 Feb 26
Asset Allocation
Asset Class Value Cash 42.74% Debt 56.94% Other 0.32% Debt Sector Allocation
Sector Value Corporate 57.02% Cash Equivalent 26.95% Government 15.71% Credit Quality
Rating Value AA 30.53% AAA 69.47% Top Securities Holdings / Portfolio
Name Holding Value Quantity Aditya BSL Money Mgr Dir Gr
Investment Fund | -5% ₹1,101 Cr 28,181,297
↑ 28,181,297 Shriram Finance Limited
Debentures | -3% ₹612 Cr 60,000 National Bank For Agriculture And Rural Development
Debentures | -3% ₹545 Cr 54,000 Bharti Telecom Limited
Debentures | -2% ₹399 Cr 40,000 Muthoot Finance Limited
Debentures | -2% ₹351 Cr 35,000 Mankind Pharma Limited
Debentures | -1% ₹321 Cr 32,000 National Bank For Agriculture And Rural Development
Debentures | -1% ₹303 Cr 30,000 Avanse Financial Services Limited
Debentures | -1% ₹300 Cr 30,000 Power Finance Corporation Limited
Debentures | -1% ₹297 Cr 30,000 Piramal Finance Limited
Debentures | -1% ₹286 Cr 28,500
↑ 3,500 2. ICICI Prudential Ultra Short Term Fund
ICICI Prudential Ultra Short Term Fund
Growth Launch Date 3 May 11 NAV (20 Mar 26) ₹28.8946 ↑ 0.01 (0.02 %) Net Assets (Cr) ₹14,897 on 15 Mar 26 Category Debt - Ultrashort Bond AMC ICICI Prudential Asset Management Company Limited Rating ☆☆☆ Risk Moderate Expense Ratio 0.8 Sharpe Ratio 2.28 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 7.11% Effective Maturity 6 Months 14 Days Modified Duration 5 Months 8 Days Growth of 10,000 investment over the years.
Date Value 28 Feb 21 ₹10,000 28 Feb 22 ₹10,405 28 Feb 23 ₹10,919 29 Feb 24 ₹11,703 28 Feb 25 ₹12,559 28 Feb 26 ₹13,419 Returns for ICICI Prudential Ultra Short Term Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 20 Mar 26 Duration Returns 1 Month 0.4% 3 Month 1.4% 6 Month 2.9% 1 Year 6.8% 3 Year 7.1% 5 Year 6.1% 10 Year 15 Year Since launch 7.4% Historical performance (Yearly) on absolute basis
Year Returns 2024 7.1% 2023 7.5% 2022 6.9% 2021 4.5% 2020 4% 2019 6.5% 2018 8.4% 2017 7.5% 2016 6.9% 2015 9.8% Fund Manager information for ICICI Prudential Ultra Short Term Fund
Name Since Tenure Manish Banthia 15 Nov 16 9.29 Yr. Ritesh Lunawat 15 Jun 17 8.71 Yr. Data below for ICICI Prudential Ultra Short Term Fund as on 15 Mar 26
Asset Allocation
Asset Class Value Cash 81.75% Debt 17.96% Other 0.29% Debt Sector Allocation
Sector Value Corporate 57.93% Cash Equivalent 56.29% Credit Quality
Rating Value AA 20.78% AAA 79.22% Top Securities Holdings / Portfolio
Name Holding Value Quantity RADHAKRISHNA SECURITISATION TRUST
Unlisted bonds | -3% ₹454 Cr 450 Vedanta Limited
Debentures | -2% ₹353 Cr 35,000 Goi Floating Rate Bond 2028
Sovereign Bonds | -2% ₹311 Cr 30,773,600 Muthoot Finance Limited
Debentures | -2% ₹303 Cr 30,000 Piramal Finance Limited
Debentures | -1% ₹246 Cr 24,500 AU Small Finance Bank Ltd.
Debentures | -1% ₹236 Cr 5,000 National Bank For Agriculture And Rural Development
Debentures | -1% ₹201 Cr 20,000 Nuvama Wealth Finance Limited
Debentures | -1% ₹201 Cr 20,000 Motilal Oswal Home Finance Limited
Debentures | -1% ₹201 Cr 20,000 05/03/2026 Maturing 364 DTB
Sovereign Bonds | -1% ₹200 Cr 20,000,000 3. SBI Magnum Ultra Short Duration Fund
SBI Magnum Ultra Short Duration Fund
Growth Launch Date 21 May 99 NAV (20 Mar 26) ₹6,229.46 ↑ 1.52 (0.02 %) Net Assets (Cr) ₹13,685 on 28 Feb 26 Category Debt - Ultrashort Bond AMC SBI Funds Management Private Limited Rating ☆☆☆ Risk Low Expense Ratio 0.54 Sharpe Ratio 2.26 Information Ratio 0 Alpha Ratio 0 Min Investment 5,000 Min SIP Investment 500 Exit Load NIL Yield to Maturity 6.47% Effective Maturity 6 Months Modified Duration 4 Months 13 Days Growth of 10,000 investment over the years.
Date Value 28 Feb 21 ₹10,000 28 Feb 22 ₹10,356 28 Feb 23 ₹10,855 29 Feb 24 ₹11,637 28 Feb 25 ₹12,489 28 Feb 26 ₹13,331 Returns for SBI Magnum Ultra Short Duration Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 20 Mar 26 Duration Returns 1 Month 0.4% 3 Month 1.4% 6 Month 2.9% 1 Year 6.6% 3 Year 7% 5 Year 5.9% 10 Year 15 Year Since launch 7% Historical performance (Yearly) on absolute basis
Year Returns 2024 7% 2023 7.4% 2022 7% 2021 4.5% 2020 3.4% 2019 5.9% 2018 8% 2017 7.9% 2016 6.6% 2015 7.7% Fund Manager information for SBI Magnum Ultra Short Duration Fund
Name Since Tenure Sudhir Agrawal 15 May 25 0.79 Yr. Data below for SBI Magnum Ultra Short Duration Fund as on 28 Feb 26
Asset Allocation
Asset Class Value Cash 71.7% Debt 31.6% Other 0.35% Debt Sector Allocation
Sector Value Cash Equivalent 52.25% Corporate 44.84% Government 2.57% Credit Quality
Rating Value AA 20.84% AAA 79.16% Top Securities Holdings / Portfolio
Name Holding Value Quantity 5.63% Gs 2026
Sovereign Bonds | -6% ₹880 Cr 88,000,000 Small Industries Development Bank of India
Debentures | -5% ₹749 Cr 16,000
↑ 16,000 Standard Chartered Bank
- | -4% -₹500 Cr Bank of Baroda
Debentures | -3% ₹469 Cr 10,000 Small Industries Development Bank of India
Debentures | -3% ₹421 Cr 9,000
↑ 9,000 National Bank For Agriculture And Rural Development
Debentures | -3% ₹390 Cr 39,000 India (Republic of)
- | -3% ₹346 Cr 35,000,000
↑ 35,000,000 Adani Power Limited
Debentures | -2% ₹299 Cr 30,000 RADHAKRISHNA SECURITISATION TRUST
Unlisted bonds | -2% ₹254 Cr 255 HSBC Bank PLC
Debentures | -2% -₹250 Cr 4. Invesco India Ultra Short Term Fund
Invesco India Ultra Short Term Fund
Growth Launch Date 30 Dec 10 NAV (20 Mar 26) ₹2,806.14 ↑ 0.45 (0.02 %) Net Assets (Cr) ₹1,292 on 28 Feb 26 Category Debt - Ultrashort Bond AMC Invesco Asset Management (India) Private Ltd Rating ☆☆☆ Risk Moderate Expense Ratio 0.74 Sharpe Ratio 1.54 Information Ratio 0 Alpha Ratio 0 Min Investment 5,000 Min SIP Investment 1,000 Exit Load NIL Yield to Maturity 6.95% Effective Maturity 5 Months 10 Days Modified Duration 5 Months 2 Days Growth of 10,000 investment over the years.
Date Value 28 Feb 21 ₹10,000 28 Feb 22 ₹10,319 28 Feb 23 ₹10,782 29 Feb 24 ₹11,554 28 Feb 25 ₹12,382 28 Feb 26 ₹13,184 Returns for Invesco India Ultra Short Term Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 20 Mar 26 Duration Returns 1 Month 0.4% 3 Month 1.3% 6 Month 2.7% 1 Year 6.4% 3 Year 6.9% 5 Year 5.7% 10 Year 15 Year Since launch 7% Historical performance (Yearly) on absolute basis
Year Returns 2024 6.8% 2023 7.5% 2022 6.6% 2021 4.1% 2020 3% 2019 5.1% 2018 7.6% 2017 7.3% 2016 7.1% 2015 9.1% Fund Manager information for Invesco India Ultra Short Term Fund
Name Since Tenure Krishna Cheemalapati 4 Jan 20 6.16 Yr. Vikas Garg 27 Jul 21 4.59 Yr. Data below for Invesco India Ultra Short Term Fund as on 28 Feb 26
Asset Allocation
Asset Class Value Cash 49.09% Debt 50.6% Other 0.31% Debt Sector Allocation
Sector Value Corporate 43.48% Cash Equivalent 38.87% Government 17.34% Credit Quality
Rating Value AA 14.65% AAA 85.35% Top Securities Holdings / Portfolio
Name Holding Value Quantity National Bank For Agriculture And Rural Development
Debentures | -8% ₹100 Cr 10,000,000 Rec Limited
Debentures | -6% ₹75 Cr 7,500,000 India (Republic of)
- | -6% ₹74 Cr 7,500,000
↑ 7,500,000 Small Industries Development Bank Of India
Debentures | -5% ₹65 Cr 6,500,000 Export Import Bank Of India
Debentures | -4% ₹50 Cr 5,000,000 Bank of Baroda
Debentures | -4% ₹47 Cr 5,000,000 Summit Digitel Infrastructure Limited
Debentures | -3% ₹40 Cr 4,000,000 Sundaram Home Finance Limited
Debentures | -3% ₹35 Cr 3,500,000 Power Finance Corporation Limited
Debentures | -3% ₹35 Cr 3,500,000 Tbill
Sovereign Bonds | -3% ₹35 Cr 3,502,500 5. Kotak Savings Fund
Kotak Savings Fund
Growth Launch Date 13 Aug 04 NAV (20 Mar 26) ₹44.6851 ↑ 0.02 (0.04 %) Net Assets (Cr) ₹16,105 on 28 Feb 26 Category Debt - Ultrashort Bond AMC Kotak Mahindra Asset Management Co Ltd Rating ☆☆☆ Risk Moderately Low Expense Ratio 0.81 Sharpe Ratio 1.8 Information Ratio 0 Alpha Ratio 0 Min Investment 5,000 Min SIP Investment 1,000 Exit Load NIL Yield to Maturity 7.12% Effective Maturity 6 Months 18 Days Modified Duration 5 Months 23 Days Growth of 10,000 investment over the years.
Date Value 28 Feb 21 ₹10,000 28 Feb 22 ₹10,342 28 Feb 23 ₹10,844 29 Feb 24 ₹11,605 28 Feb 25 ₹12,429 28 Feb 26 ₹13,252 Returns for Kotak Savings Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 20 Mar 26 Duration Returns 1 Month 0.4% 3 Month 1.4% 6 Month 2.9% 1 Year 6.6% 3 Year 6.9% 5 Year 5.8% 10 Year 15 Year Since launch 7.2% Historical performance (Yearly) on absolute basis
Year Returns 2024 6.8% 2023 7.2% 2022 6.8% 2021 4.5% 2020 3.2% 2019 5.8% 2018 7.8% 2017 7.4% 2016 6.7% 2015 8.2% Fund Manager information for Kotak Savings Fund
Name Since Tenure Deepak Agrawal 15 Apr 08 17.89 Yr. Manu Sharma 1 Nov 22 3.33 Yr. Data below for Kotak Savings Fund as on 28 Feb 26
Asset Allocation
Asset Class Value Cash 43.26% Debt 56.45% Other 0.29% Debt Sector Allocation
Sector Value Corporate 54.19% Cash Equivalent 25.02% Government 20.51% Credit Quality
Rating Value AA 13.57% AAA 86.43% Top Securities Holdings / Portfolio
Name Holding Value Quantity National Bank For Agriculture And Rural Development
Debentures | -4% ₹579 Cr 57,500 Bank of Baroda
Debentures | -4% ₹564 Cr 60,000 Tamil Nadu (Government of) 0.0654%
- | -3% ₹450 Cr 45,000,000
↑ 45,000,000 6.9% Maharashtra Sgs 2030
Sovereign Bonds | -2% ₹302 Cr 30,000,000
↑ 30,000,000 Mankind Pharma Limited
Debentures | -2% ₹301 Cr 30,000 21/05/2026 Maturing 364 DTB
Sovereign Bonds | -2% ₹247 Cr 25,000,000 06/08/2026 Maturing 182 DTB
Sovereign Bonds | -2% ₹244 Cr 25,000,000 Small Industries Development Bank of India
Debentures | -1% ₹235 Cr 25,000 HDFC Bank Ltd.
Debentures | -1% ₹234 Cr 25,000
↑ 25,000 Small Industries Development Bank of India
Debentures | -1% ₹234 Cr 25,000
↑ 25,000 6. Nippon India Ultra Short Duration Fund
Nippon India Ultra Short Duration Fund
Growth Launch Date 7 Dec 01 NAV (20 Mar 26) ₹4,196.44 ↑ 0.70 (0.02 %) Net Assets (Cr) ₹10,672 on 28 Feb 26 Category Debt - Ultrashort Bond AMC Nippon Life Asset Management Ltd. Rating ☆☆ Risk Low Expense Ratio 1.12 Sharpe Ratio 1.9 Information Ratio 0 Alpha Ratio 0 Min Investment 100 Min SIP Investment 100 Exit Load NIL Yield to Maturity 7.27% Effective Maturity 7 Months 28 Days Modified Duration 5 Months 13 Days Growth of 10,000 investment over the years.
Date Value 28 Feb 21 ₹10,000 28 Feb 22 ₹10,793 28 Feb 23 ₹11,321 29 Feb 24 ₹12,103 28 Feb 25 ₹12,968 28 Feb 26 ₹13,821 Returns for Nippon India Ultra Short Duration Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 20 Mar 26 Duration Returns 1 Month 0.4% 3 Month 1.4% 6 Month 2.8% 1 Year 6.5% 3 Year 6.8% 5 Year 6.7% 10 Year 15 Year Since launch 6.1% Historical performance (Yearly) on absolute basis
Year Returns 2024 6.8% 2023 7.2% 2022 6.7% 2021 4.6% 2020 7.8% 2019 4.9% 2018 0.9% 2017 7.3% 2016 5.8% 2015 6.8% Fund Manager information for Nippon India Ultra Short Duration Fund
Name Since Tenure Vivek Sharma 1 Oct 13 12.42 Yr. Kinjal Desai 25 May 18 7.77 Yr. Akshay Sharma 1 Dec 22 3.25 Yr. Lokesh Maru 5 Sep 25 0.48 Yr. Divya Sharma 5 Sep 25 0.48 Yr. Data below for Nippon India Ultra Short Duration Fund as on 28 Feb 26
Asset Allocation
Asset Class Value Cash 50.21% Debt 49.51% Other 0.29% Debt Sector Allocation
Sector Value Corporate 58.39% Cash Equivalent 36.66% Government 3.95% Securitized 0.71% Credit Quality
Rating Value AA 35.75% AAA 64.25% Top Securities Holdings / Portfolio
Name Holding Value Quantity National Bank For Agriculture And Rural Development
Debentures | -3% ₹285 Cr 28,500 JSW Energy Limited
Debentures | -2% ₹250 Cr 25,000 16/04/2026 Maturing 182 DTB
Sovereign Bonds | -2% ₹248 Cr 25,000,000 Vedanta Limited
Debentures | -2% ₹241 Cr 24,000 TATA Communications Limited
Debentures | -2% ₹225 Cr 22,500 30/04/2026 Maturing 182 DTB
Sovereign Bonds | -2% ₹213 Cr 21,500,000 Aadhar Housing Finance Limited
Debentures | -2% ₹200 Cr 20,000 Embassy Office Parks Reit
Debentures | -2% ₹200 Cr 2,000 10/04/2026 Maturing 364 DTB
Sovereign Bonds | -2% ₹199 Cr 20,000,000 L&T Metro Rail (Hyderabad) Limited
Debentures | -2% ₹194 Cr 1,950 7. DSP Money Manager Fund
DSP Money Manager Fund
Growth Launch Date 31 Jul 06 NAV (20 Mar 26) ₹3,537.98 ↑ 0.59 (0.02 %) Net Assets (Cr) ₹3,714 on 28 Feb 26 Category Debt - Ultrashort Bond AMC DSP BlackRock Invmt Managers Pvt. Ltd. Rating ☆☆ Risk Moderately Low Expense Ratio 1.02 Sharpe Ratio 0.95 Information Ratio 0 Alpha Ratio 0 Min Investment 1,000 Min SIP Investment 500 Exit Load NIL Yield to Maturity 6.93% Effective Maturity 7 Months 10 Days Modified Duration 5 Months 5 Days Growth of 10,000 investment over the years.
Date Value 28 Feb 21 ₹10,000 28 Feb 22 ₹10,306 28 Feb 23 ₹10,768 29 Feb 24 ₹11,510 28 Feb 25 ₹12,308 28 Feb 26 ₹13,086 Returns for DSP Money Manager Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 20 Mar 26 Duration Returns 1 Month 0.4% 3 Month 1.2% 6 Month 2.6% 1 Year 6.1% 3 Year 6.7% 5 Year 5.5% 10 Year 15 Year Since launch 6.6% Historical performance (Yearly) on absolute basis
Year Returns 2024 6.7% 2023 6.9% 2022 6.7% 2021 4.1% 2020 2.9% 2019 4.7% 2018 7.3% 2017 5% 2016 6% 2015 7.5% Fund Manager information for DSP Money Manager Fund
Name Since Tenure Karan Mundhra 31 May 21 4.75 Yr. Shalini Vasanta 1 Jan 25 1.16 Yr. Data below for DSP Money Manager Fund as on 28 Feb 26
Asset Allocation
Asset Class Value Cash 51.73% Debt 47.85% Other 0.42% Debt Sector Allocation
Sector Value Corporate 62.44% Cash Equivalent 27.95% Government 9.2% Credit Quality
Rating Value AA 19.85% AAA 80.15% Top Securities Holdings / Portfolio
Name Holding Value Quantity National Bank For Agriculture And Rural Development
Debentures | -4% ₹151 Cr 14,500 Godrej Properties Limited
Debentures | -4% ₹132 Cr 12,500 Aadhar Housing Finance Limited
Debentures | -3% ₹103 Cr 9,700 HDFC Bank Ltd.
Debentures | -3% ₹94 Cr 2,000
↑ 2,000 Aditya Birla Renewables Limited
Debentures | -2% ₹78 Cr 7,500 Rec Limited
Debentures | -2% ₹78 Cr 7,500 National Bank For Agriculture And Rural Development
Debentures | -2% ₹78 Cr 7,500 5.63% Gs 2026
Sovereign Bonds | -2% ₹61 Cr 6,000,000
↓ -10,000,000 Nuvama Wealth Finance Limited
Debentures | -1% ₹53 Cr 5,000 Cholamandalam Investment And Finance Company Limited
Debentures | -1% ₹53 Cr 5,000 8. UTI Ultra Short Term Fund
UTI Ultra Short Term Fund
Growth Launch Date 29 Aug 03 NAV (20 Mar 26) ₹4,408.48 ↑ 0.51 (0.01 %) Net Assets (Cr) ₹3,946 on 28 Feb 26 Category Debt - Ultrashort Bond AMC UTI Asset Management Company Ltd Rating ☆☆☆☆ Risk Moderately Low Expense Ratio 0.93 Sharpe Ratio 1.38 Information Ratio 0 Alpha Ratio 0 Min Investment 5,000 Min SIP Investment 500 Exit Load NIL Yield to Maturity 6.76% Effective Maturity 5 Months 19 Days Modified Duration 4 Months 23 Days Growth of 10,000 investment over the years.
Date Value 28 Feb 21 ₹10,000 28 Feb 22 ₹10,615 28 Feb 23 ₹11,108 29 Feb 24 ₹11,882 28 Feb 25 ₹12,725 28 Feb 26 ₹13,539 Returns for UTI Ultra Short Term Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 20 Mar 26 Duration Returns 1 Month 0.4% 3 Month 1.3% 6 Month 2.7% 1 Year 6.3% 3 Year 6.8% 5 Year 6.3% 10 Year 15 Year Since launch 6.8% Historical performance (Yearly) on absolute basis
Year Returns 2024 6.6% 2023 7.2% 2022 6.7% 2021 4.2% 2020 6.1% 2019 5.3% 2018 3.3% 2017 7% 2016 6.6% 2015 8.9% Fund Manager information for UTI Ultra Short Term Fund
Name Since Tenure Abhishek Sonthalia 10 Nov 25 0.3 Yr. Data below for UTI Ultra Short Term Fund as on 28 Feb 26
Asset Allocation
Asset Class Value Cash 61.47% Debt 38.2% Other 0.33% Debt Sector Allocation
Sector Value Corporate 54.64% Cash Equivalent 31.17% Government 13.86% Credit Quality
Rating Value AA 20.93% AAA 79.07% Top Securities Holdings / Portfolio
Name Holding Value Quantity Tbill
Sovereign Bonds | -7% ₹295 Cr 3,000,000,000 09/04/2026 Maturing 182 DTB
Sovereign Bonds | -4% ₹149 Cr 1,500,000,000 Shriram Finance Limited
Debentures | -3% ₹100 Cr 10,000 Piramal Finance Limited
Debentures | -2% ₹86 Cr 8,500 Piramal Finance Limited
Debentures | -2% ₹75 Cr 7,500 TATA Communications Limited
Debentures | -2% ₹75 Cr 7,500 Indian Bank
Domestic Bonds | -2% ₹75 Cr 750,000,000 Aditya Birla Renewables Limited
Debentures | -2% ₹65 Cr 6,500 360 One Prime Limited
Debentures | -1% ₹50 Cr 5,000 Pnb Housing Finance Limited
Debentures | -1% ₹50 Cr 5,000 9. Canara Robeco Ultra Short Term Fund
Canara Robeco Ultra Short Term Fund
Growth Launch Date 14 Jul 08 NAV (20 Mar 26) ₹3,944.99 ↑ 0.53 (0.01 %) Net Assets (Cr) ₹544 on 15 Mar 26 Category Debt - Ultrashort Bond AMC Canara Robeco Asset Management Co. Ltd. Rating ☆☆ Risk Low Expense Ratio 0.94 Sharpe Ratio 0.72 Information Ratio 0 Alpha Ratio 0 Min Investment 5,000 Min SIP Investment 1,000 Exit Load NIL Yield to Maturity 6.9% Effective Maturity 1 Year 1 Month 15 Days Modified Duration 4 Months 21 Days Growth of 10,000 investment over the years.
Date Value 28 Feb 21 ₹10,000 28 Feb 22 ₹10,276 28 Feb 23 ₹10,724 29 Feb 24 ₹11,430 28 Feb 25 ₹12,198 28 Feb 26 ₹12,954 Returns for Canara Robeco Ultra Short Term Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 20 Mar 26 Duration Returns 1 Month 0.4% 3 Month 1.2% 6 Month 2.5% 1 Year 6.1% 3 Year 6.5% 5 Year 5.3% 10 Year 15 Year Since launch 6.8% Historical performance (Yearly) on absolute basis
Year Returns 2024 6.5% 2023 6.8% 2022 6.4% 2021 3.9% 2020 2.6% 2019 4.5% 2018 6.6% 2017 6.1% 2016 5.7% 2015 7.3% Fund Manager information for Canara Robeco Ultra Short Term Fund
Name Since Tenure Avnish Jain 1 Apr 22 3.92 Yr. Kunal Jain 16 Sep 24 1.45 Yr. Data below for Canara Robeco Ultra Short Term Fund as on 15 Mar 26
Asset Allocation
Asset Class Value Cash 47.44% Debt 52.23% Other 0.33% Debt Sector Allocation
Sector Value Corporate 61.24% Government 26.72% Cash Equivalent 11.71% Credit Quality
Rating Value AAA 100% Top Securities Holdings / Portfolio
Name Holding Value Quantity Goi Floating Rate Bond 2033
Sovereign Bonds | -9% ₹52 Cr 5,000,000 National Bank For Agriculture And Rural Development
Debentures | -8% ₹45 Cr 4,500 Kotak Mahindra Prime Limited
Debentures | -5% ₹25 Cr 2,500 Rec Limited
Debentures | -5% ₹25 Cr 2,500 Power Finance Corporation Limited
Debentures | -5% ₹25 Cr 250 Small Industries Development Bank Of India
Debentures | -5% ₹25 Cr 2,500 LIC Housing Finance Ltd
Debentures | -5% ₹25 Cr 250 Indian Bank
Domestic Bonds | -4% ₹23 Cr 500 Power Finance Corporation Limited
Debentures | -4% ₹20 Cr 2,000 Small Industries Development Bank Of India
Debentures | -4% ₹20 Cr 2,000 10. BOI AXA Ultra Short Duration Fund
BOI AXA Ultra Short Duration Fund
Growth Launch Date 16 Jul 08 NAV (20 Mar 26) ₹3,283.21 ↑ 0.69 (0.02 %) Net Assets (Cr) ₹165 on 28 Feb 26 Category Debt - Ultrashort Bond AMC BOI AXA Investment Mngrs Private Ltd Rating ☆☆☆☆ Risk Moderately Low Expense Ratio 0.97 Sharpe Ratio 0.77 Information Ratio 0 Alpha Ratio 0 Min Investment 5,000 Min SIP Investment 1,000 Exit Load NIL Yield to Maturity 6.51% Effective Maturity 4 Months 20 Days Modified Duration 4 Months 20 Days Growth of 10,000 investment over the years.
Date Value 28 Feb 21 ₹10,000 28 Feb 22 ₹10,332 28 Feb 23 ₹10,823 29 Feb 24 ₹11,512 28 Feb 25 ₹12,278 28 Feb 26 ₹13,037 Returns for BOI AXA Ultra Short Duration Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 20 Mar 26 Duration Returns 1 Month 0.3% 3 Month 1.2% 6 Month 2.6% 1 Year 6% 3 Year 6.4% 5 Year 5.5% 10 Year 15 Year Since launch 7% Historical performance (Yearly) on absolute basis
Year Returns 2024 6.5% 2023 6.7% 2022 6.2% 2021 4.4% 2020 3.2% 2019 4.9% 2018 7.5% 2017 7.6% 2016 8% 2015 9.1% Fund Manager information for BOI AXA Ultra Short Duration Fund
Name Since Tenure Mithraem Bharucha 17 Aug 21 4.54 Yr. Data below for BOI AXA Ultra Short Duration Fund as on 28 Feb 26
Asset Allocation
Asset Class Value Cash 61.29% Debt 38.42% Other 0.29% Debt Sector Allocation
Sector Value Corporate 59.02% Cash Equivalent 33.15% Government 7.53% Credit Quality
Rating Value AA 13.02% AAA 86.98% Top Securities Holdings / Portfolio
Name Holding Value Quantity 28/05/2026 Maturing 182 DTB
Sovereign Bonds | -9% ₹15 Cr 1,500,000 Power Finance Corporation Limited
Debentures | -8% ₹14 Cr 1,400,000 Rec Limited
Debentures | -8% ₹13 Cr 1,250,000 Manappuram Finance Limited
Debentures | -7% ₹11 Cr 1,100,000 Bank of Baroda
Debentures | -6% ₹9 Cr 1,000,000 Small Industries Development Bank of India
Debentures | -6% ₹9 Cr 1,000,000 Bank of Baroda
Debentures | -3% ₹5 Cr 500,000
↑ 500,000 Kotak Mahindra Bank Ltd.
Debentures | -3% ₹5 Cr 500,000 Tbill
Sovereign Bonds | -1% ₹2 Cr 175,000 08/10/2026 Maturing 364 DTB
Sovereign Bonds | -0% ₹1 Cr 79,600
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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