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Top 10 Best Performing Ultra Short Term Funds for 2023

Fincash » Mutual Funds » Top Ultra Short Term Funds 2018

Top 10 Best Performing Ultra Short Term Funds for 2023

Updated on March 16, 2024 , 469 views

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 2023, 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 2023 on the Basis of performance (returns).

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Top 10 Performing Ultra Short Term Funds for 2023 Based on Performance

FundNAVNet Assets (Cr)2023 (%)2022 (%)2021 (%)Debt Yield (YTM)Mod. DurationEff. Maturity
Aditya Birla Sun Life Savings Fund Growth ₹496.868
↑ 0.36
₹12,8527.24.83.97.98%5M 19D6M 4D
SBI Magnum Ultra Short Duration Fund Growth ₹5,444.13
↑ 3.53
₹10,86174.53.47.75%4M 28D5M 12D
ICICI Prudential Ultra Short Term Fund Growth ₹25.2286
↑ 0.02
₹13,8546.94.547.91%4M 6D4M 20D
Kotak Savings Fund Growth ₹39.1494
↑ 0.03
₹12,4146.84.53.27.83%5M 1D7M 6D
UTI Ultra Short Term Fund Growth ₹3,873.93
↑ 2.25
₹1,8156.74.26.17.89%4M 12D4M 19D
DSP BlackRock Money Manager Fund Growth ₹3,115.23
↑ 1.96
₹2,6296.74.12.97.91%4M 28D5M 12D
Nippon India Ultra Short Duration Fund Growth ₹3,678.76
↑ 2.19
₹5,3196.74.67.88.01%5M 5D5M 20D
Invesco India Ultra Short Term Fund Growth ₹2,461.76
↑ 1.29
₹6386.64.137.66%4M 1D4M 11D
Canara Robeco Ultra Short Term Fund Growth ₹3,483.46
↑ 1.84
₹4876.43.92.67.64%4M 12D4M 22D
BOI AXA Ultra Short Duration Fund Growth ₹2,902.31
↑ 1.41
₹1366.24.43.27.7%5M 8D5M 5D
Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 18 Mar 24

Best Ultra Short Term Funds for the year 2023

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 7.4% since its launch.  Ranked 6 in Ultrashort Bond category.  Return for 2023 was 7.2% , 2022 was 4.8% and 2021 was 3.9% .

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 (18 Mar 24) ₹496.868 ↑ 0.36   (0.07 %)
Net Assets (Cr) ₹12,852 on 31 Jan 24
Category Debt - Ultrashort Bond
AMC Birla Sun Life Asset Management Co Ltd
Rating
Risk Moderately Low
Expense Ratio 0.52
Sharpe Ratio 1.19
Information Ratio 0
Alpha Ratio 0
Min Investment 1,000
Min SIP Investment 1,000
Exit Load NIL
Yield to Maturity 7.98%
Effective Maturity 6 Months 4 Days
Modified Duration 5 Months 19 Days

Growth of 10,000 investment over the years.

DateValue
28 Feb 19₹10,000
29 Feb 20₹10,817
28 Feb 21₹11,494
28 Feb 22₹11,981
28 Feb 23₹12,595
29 Feb 24₹13,524

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 ₹200,132.
Net Profit of ₹20,132
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 18 Mar 24

DurationReturns
1 Month 0.7%
3 Month 1.9%
6 Month 3.5%
1 Year 7.5%
3 Year 5.6%
5 Year 6.2%
10 Year
15 Year
Since launch 7.4%
Historical performance (Yearly) on absolute basis
YearReturns
2023 7.2%
2022 4.8%
2021 3.9%
2020 7%
2019 8.5%
2018 7.6%
2017 7.2%
2016 9.2%
2015 8.9%
2014 9.7%
Fund Manager information for Aditya Birla Sun Life Savings Fund
NameSinceTenure
Sunaina Cunha20 Jun 149.7 Yr.
Kaustubh Gupta15 Jul 1112.64 Yr.
Monika Gandhi22 Mar 212.94 Yr.
Dhaval Joshi21 Nov 221.28 Yr.

Data below for Aditya Birla Sun Life Savings Fund as on 31 Jan 24

Asset Allocation
Asset ClassValue
Cash50.54%
Debt49.16%
Other0.3%
Debt Sector Allocation
SectorValue
Corporate53.12%
Cash Equivalent25.21%
Government21.25%
Securitized0.11%
Credit Quality
RatingValue
AA26.61%
AAA73.39%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
HDFC Bank Limited
Debentures | -
5%₹597 Cr6,000
Nirma Limited
Debentures | -
4%₹500 Cr50,000
↑ 50,000
Tata Realty And Infrastructure Limited
Debentures | -
3%₹359 Cr36,000
Hindalco Industries Limited
Debentures | -
3%₹350 Cr35,000
Bharti Telecom Limited
Debentures | -
3%₹325 Cr3,250
Pipeline Infrastructure Limited
Debentures | -
2%₹310 Cr3,100
National Bank For Agriculture And Rural Development
Debentures | -
2%₹302 Cr3,035
National Bank For Agriculture And Rural Development
Debentures | -
2%₹267 Cr2,750
Nirma Limited 8.3%
Debentures | -
2%₹250 Cr25,000
↑ 25,000
Cholamandalam Investment And Fin. Co. Ltd
Debentures | -
2%₹249 Cr2,500

2. SBI Magnum Ultra Short Duration Fund

(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.

SBI Magnum Ultra Short Duration Fund is a Debt - Ultrashort Bond fund was launched on 21 May 99. It is a fund with Low risk and has given a CAGR/Annualized return of 7.1% since its launch.  Return for 2023 was 7% , 2022 was 4.5% and 2021 was 3.4% .

Below is the key information for SBI Magnum Ultra Short Duration Fund

SBI Magnum Ultra Short Duration Fund
Growth
Launch Date 21 May 99
NAV (18 Mar 24) ₹5,444.13 ↑ 3.53   (0.06 %)
Net Assets (Cr) ₹10,861 on 31 Jan 24
Category Debt - Ultrashort Bond
AMC SBI Funds Management Private Limited
Rating
Risk Low
Expense Ratio 0.49
Sharpe Ratio 0.13
Information Ratio 0
Alpha Ratio 0
Min Investment 5,000
Min SIP Investment 500
Exit Load NIL
Yield to Maturity 7.75%
Effective Maturity 5 Months 12 Days
Modified Duration 4 Months 28 Days

Growth of 10,000 investment over the years.

DateValue
28 Feb 19₹10,000
29 Feb 20₹10,762
28 Feb 21₹11,334
28 Feb 22₹11,737
28 Feb 23₹12,304
29 Feb 24₹13,189

SBI Magnum 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 ₹197,169.
Net Profit of ₹17,169
Invest Now

Returns for SBI Magnum 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 18 Mar 24

DurationReturns
1 Month 0.7%
3 Month 1.8%
6 Month 3.5%
1 Year 7.2%
3 Year 5.3%
5 Year 5.7%
10 Year
15 Year
Since launch 7.1%
Historical performance (Yearly) on absolute basis
YearReturns
2023 7%
2022 4.5%
2021 3.4%
2020 5.9%
2019 8%
2018 7.9%
2017 6.6%
2016 7.7%
2015 8.3%
2014 9%
Fund Manager information for SBI Magnum Ultra Short Duration Fund
NameSinceTenure
Arun R.1 Jun 212.75 Yr.
Ardhendu Bhattacharya1 Dec 230.25 Yr.
Pradeep Kesavan1 Dec 230.25 Yr.

Data below for SBI Magnum Ultra Short Duration Fund as on 31 Jan 24

Asset Allocation
Asset ClassValue
Cash67.82%
Debt31.88%
Other0.3%
Debt Sector Allocation
SectorValue
Corporate52.31%
Cash Equivalent30.09%
Government17.3%
Credit Quality
RatingValue
AAA100%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
91 DTB 25042024
Sovereign Bonds | -
7%₹643 Cr65,000,000
Panatone Finvest Ltd
Debentures | -
3%₹279 Cr6,000
LIC Housing Finance Limited
Debentures | -
3%₹275 Cr2,750
Kotak Mahindra Bank Ltd.
Debentures | -
3%₹263 Cr5,500
Rural Electrification Corporation Limited
Debentures | -
3%₹258 Cr2,600
182 DTB 04042024
Sovereign Bonds | -
3%₹248 Cr25,000,000
Larsen And Toubro Limited
Debentures | -
2%₹200 Cr20,000
91 DTB 11042024
Sovereign Bonds | -
2%₹198 Cr20,000,000
National Bank For Agriculture And Rural Development
Debentures | -
2%₹185 Cr1,850
National Bank For Agriculture And Rural Development
Debentures | -
2%₹149 Cr1,500

3. ICICI Prudential Ultra Short Term Fund

(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 CAGR/Annualized return of 7.5% since its launch.  Ranked 27 in Ultrashort Bond category.  Return for 2023 was 6.9% , 2022 was 4.5% and 2021 was 4% .

Below is the key information for ICICI Prudential Ultra Short Term Fund

ICICI Prudential Ultra Short Term Fund
Growth
Launch Date 3 May 11
NAV (18 Mar 24) ₹25.2286 ↑ 0.02   (0.07 %)
Net Assets (Cr) ₹13,854 on 31 Jan 24
Category Debt - Ultrashort Bond
AMC ICICI Prudential Asset Management Company Limited
Rating
Risk Moderate
Expense Ratio 0.86
Sharpe Ratio 0
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 7.91%
Effective Maturity 4 Months 20 Days
Modified Duration 4 Months 6 Days

Growth of 10,000 investment over the years.

DateValue
28 Feb 19₹10,000
29 Feb 20₹10,840
28 Feb 21₹11,472
28 Feb 22₹11,936
28 Feb 23₹12,525
29 Feb 24₹13,425

ICICI Prudential 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 ICICI Prudential 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 18 Mar 24

DurationReturns
1 Month 0.7%
3 Month 1.9%
6 Month 3.5%
1 Year 7.3%
3 Year 5.5%
5 Year 6%
10 Year
15 Year
Since launch 7.5%
Historical performance (Yearly) on absolute basis
YearReturns
2023 6.9%
2022 4.5%
2021 4%
2020 6.5%
2019 8.4%
2018 7.5%
2017 6.9%
2016 9.8%
2015 9.1%
2014 14.8%
Fund Manager information for ICICI Prudential Ultra Short Term Fund
NameSinceTenure
Manish Banthia15 Nov 167.3 Yr.
Ritesh Lunawat15 Jun 176.71 Yr.

Data below for ICICI Prudential Ultra Short Term Fund as on 31 Jan 24

Asset Allocation
Asset ClassValue
Cash73.12%
Debt26.64%
Other0.24%
Debt Sector Allocation
SectorValue
Corporate43.52%
Cash Equivalent39.8%
Government16.44%
Credit Quality
RatingValue
AA15.83%
AAA84.17%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
India (Republic of)
- | -
3%₹396 Cr40,000,000
LIC Housing Finance Limited
Debentures | -
2%₹295 Cr2,950
National Bank For Agriculture And Rural Development
Debentures | -
2%₹274 Cr2,750
08.35 SBI RT SB 2024
Domestic Bonds | -
2%₹251 Cr25,000,000
Indusind Bank Ltd.
Debentures | -
2%₹232 Cr5,000
↑ 5,000
Bharti Telecom Limited
Debentures | -
1%₹200 Cr20,000
Mahindra Rural Housing Finance Limited
Debentures | -
1%₹200 Cr2,000
Bajaj Housing Finance Limited
Debentures | -
1%₹200 Cr2,000
The Tata Power Company Limited
Debentures | -
1%₹200 Cr2,000
Apollo Building Products Private Limited
Debentures | -
1%₹199 Cr20,000

4. Kotak Savings Fund

(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 CAGR/Annualized return of 7.2% since its launch.  Ranked 44 in Ultrashort Bond category.  Return for 2023 was 6.8% , 2022 was 4.5% and 2021 was 3.2% .

Below is the key information for Kotak Savings Fund

Kotak Savings Fund
Growth
Launch Date 13 Aug 04
NAV (18 Mar 24) ₹39.1494 ↑ 0.03   (0.07 %)
Net Assets (Cr) ₹12,414 on 31 Jan 24
Category Debt - Ultrashort Bond
AMC Kotak Mahindra Asset Management Co Ltd
Rating
Risk Moderately Low
Expense Ratio 0.47
Sharpe Ratio -0.51
Information Ratio 0
Alpha Ratio 0
Min Investment 5,000
Min SIP Investment 1,000
Exit Load NIL
Yield to Maturity 7.83%
Effective Maturity 7 Months 6 Days
Modified Duration 5 Months 1 Day

Growth of 10,000 investment over the years.

DateValue
28 Feb 19₹10,000
29 Feb 20₹10,749
28 Feb 21₹11,311
28 Feb 22₹11,698
28 Feb 23₹12,266
29 Feb 24₹13,126

Kotak 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 ₹197,169.
Net Profit of ₹17,169
Invest Now

Returns for Kotak 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 18 Mar 24

DurationReturns
1 Month 0.7%
3 Month 1.8%
6 Month 3.3%
1 Year 7.1%
3 Year 5.2%
5 Year 5.6%
10 Year
15 Year
Since launch 7.2%
Historical performance (Yearly) on absolute basis
YearReturns
2023 6.8%
2022 4.5%
2021 3.2%
2020 5.8%
2019 7.8%
2018 7.4%
2017 6.7%
2016 8.2%
2015 8.6%
2014 9.4%
Fund Manager information for Kotak Savings Fund
NameSinceTenure
Deepak Agrawal15 Apr 0815.89 Yr.
Manu Sharma1 Nov 221.33 Yr.
Palha Khanna3 Jul 230.66 Yr.

Data below for Kotak Savings Fund as on 31 Jan 24

Asset Allocation
Asset ClassValue
Cash58.85%
Debt40.91%
Other0.25%
Debt Sector Allocation
SectorValue
Corporate63.51%
Government23.56%
Cash Equivalent12.68%
Credit Quality
RatingValue
AA8.31%
AAA91.69%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
Punjab National Bank
Domestic Bonds | -
4%₹464 Cr50,000
↑ 50,000
India (Republic of)
- | -
3%₹374 Cr40,000,000
↑ 40,000,000
Mahindra & Mahindra Financial Services Ltd
Debentures | -
3%₹349 Cr3,500
182 DTB 14032024
Sovereign Bonds | -
3%₹348 Cr35,000,000
India (Republic of)
- | -
3%₹348 Cr35,000,000
182 DTB 29022024
Sovereign Bonds | -
3%₹319 Cr31,981,000
182 DTB 20062024
Sovereign Bonds | -
2%₹244 Cr25,000,000
HDFC Bank Ltd.
Debentures | -
2%₹232 Cr25,000
↑ 25,000
Rural Electrification Corporation Limited
Debentures | -
2%₹209 Cr2,100
Axis Bank Ltd.
Debentures | -
1%₹186 Cr20,000
↑ 20,000

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 6.8% since its launch.  Ranked 27 in Ultrashort Bond category.  Return for 2023 was 6.7% , 2022 was 4.2% and 2021 was 6.1% .

Below is the key information for UTI Ultra Short Term Fund

UTI Ultra Short Term Fund
Growth
Launch Date 29 Aug 03
NAV (18 Mar 24) ₹3,873.93 ↑ 2.25   (0.06 %)
Net Assets (Cr) ₹1,815 on 31 Jan 24
Category Debt - Ultrashort Bond
AMC UTI Asset Management Company Ltd
Rating
Risk Moderately Low
Expense Ratio 0.95
Sharpe Ratio -0.9
Information Ratio 0
Alpha Ratio 0
Min Investment 5,000
Min SIP Investment 500
Exit Load NIL
Yield to Maturity 7.89%
Effective Maturity 4 Months 19 Days
Modified Duration 4 Months 12 Days

Growth of 10,000 investment over the years.

DateValue
28 Feb 19₹10,000
29 Feb 20₹10,279
28 Feb 21₹10,807
28 Feb 22₹11,471
28 Feb 23₹12,004
29 Feb 24₹12,840

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 ₹197,169.
Net Profit of ₹17,169
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 18 Mar 24

DurationReturns
1 Month 0.6%
3 Month 1.8%
6 Month 3.4%
1 Year 7%
3 Year 6%
5 Year 5.1%
10 Year
15 Year
Since launch 6.8%
Historical performance (Yearly) on absolute basis
YearReturns
2023 6.7%
2022 4.2%
2021 6.1%
2020 5.3%
2019 3.3%
2018 7%
2017 6.6%
2016 8.9%
2015 8.5%
2014 8.8%
Fund Manager information for UTI Ultra Short Term Fund
NameSinceTenure
Ritesh Nambiar1 Jul 158.67 Yr.

Data below for UTI Ultra Short Term Fund as on 31 Jan 24

Asset Allocation
Asset ClassValue
Cash73.36%
Debt26.39%
Other0.24%
Debt Sector Allocation
SectorValue
Cash Equivalent50.16%
Corporate42.59%
Government7.01%
Credit Quality
RatingValue
AA16.91%
AAA83.09%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
364 DTB 22032024
Sovereign Bonds | -
5%₹99 Cr1,000,000,000
Torrent Power Limited
Debentures | -
2%₹50 Cr500
G R Infraprojects Limited
Debentures | -
2%₹50 Cr500
LIC Housing Finance Limited
Debentures | -
2%₹50 Cr500
182 DTB 29032024
Sovereign Bonds | -
2%₹50 Cr500,000,000
ICICI Bank Ltd.
Debentures | -
2%₹47 Cr500,000,000
↑ 500,000,000
Small Industries Development Bank of India
Debentures | -
2%₹46 Cr500,000,000
↑ 500,000,000
Jamnagar Utilities & Power Private Limited
Debentures | -
2%₹40 Cr400
India Grid TRust
Debentures | -
1%₹25 Cr250
National Housing Bank
Debentures | -
1%₹25 Cr2,500

6. DSP BlackRock Money Manager Fund

"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."

DSP BlackRock Money Manager Fund is a Debt - Ultrashort Bond fund was launched on 31 Jul 06. It is a fund with Moderately Low risk and has given a CAGR/Annualized return of 6.7% since its launch.  Ranked 75 in Ultrashort Bond category.  Return for 2023 was 6.7% , 2022 was 4.1% and 2021 was 2.9% .

Below is the key information for DSP BlackRock Money Manager Fund

DSP BlackRock Money Manager Fund
Growth
Launch Date 31 Jul 06
NAV (18 Mar 24) ₹3,115.23 ↑ 1.96   (0.06 %)
Net Assets (Cr) ₹2,629 on 31 Jan 24
Category Debt - Ultrashort Bond
AMC DSP BlackRock Invmt Managers Pvt. Ltd.
Rating
Risk Moderately Low
Expense Ratio 1.02
Sharpe Ratio -1.18
Information Ratio 0
Alpha Ratio 0
Min Investment 1,000
Min SIP Investment 500
Exit Load NIL
Yield to Maturity 7.91%
Effective Maturity 5 Months 12 Days
Modified Duration 4 Months 28 Days

Growth of 10,000 investment over the years.

DateValue
28 Feb 19₹10,000
29 Feb 20₹10,692
28 Feb 21₹11,144
28 Feb 22₹11,484
28 Feb 23₹11,999
29 Feb 24₹12,826

DSP BlackRock Money Manager Fund SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual Returns:
%
Total investment amount is ₹180,000
expected amount after 3 Years is ₹197,169.
Net Profit of ₹17,169
Invest Now

Returns for DSP BlackRock Money Manager Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 18 Mar 24

DurationReturns
1 Month 0.6%
3 Month 1.7%
6 Month 3.4%
1 Year 6.9%
3 Year 4.9%
5 Year 5.1%
10 Year
15 Year
Since launch 6.7%
Historical performance (Yearly) on absolute basis
YearReturns
2023 6.7%
2022 4.1%
2021 2.9%
2020 4.7%
2019 7.3%
2018 5%
2017 6%
2016 7.5%
2015 7.9%
2014 8.8%
Fund Manager information for DSP BlackRock Money Manager Fund
NameSinceTenure
Kedar Karnik17 Jul 167.63 Yr.
Karan Mundhra31 May 212.75 Yr.

Data below for DSP BlackRock Money Manager Fund as on 31 Jan 24

Asset Allocation
Asset ClassValue
Cash68.41%
Debt31.35%
Other0.24%
Debt Sector Allocation
SectorValue
Corporate51.88%
Cash Equivalent30.28%
Government17.6%
Credit Quality
RatingValue
AAA100%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
National Bank For Agriculture And Rural Development
Debentures | -
4%₹104 Cr1,000
182 DTB 27062024
Sovereign Bonds | -
3%₹83 Cr8,500,000
7.35% Govt Stock 2024
Sovereign Bonds | -
3%₹79 Cr7,800,000
LIC Housing Finance Limited
Debentures | -
3%₹78 Cr750
182 DTB 25072024
Sovereign Bonds | -
3%₹73 Cr7,500,000
LIC Housing Finance Limited
Debentures | -
3%₹72 Cr700
Bajaj Housing Finance Limited
Debentures | -
2%₹52 Cr500
National Bank For Agriculture And Rural Development
Debentures | -
2%₹51 Cr500
182 DTB 18072024
Sovereign Bonds | -
2%₹49 Cr5,000,000
Grasim Industries Limited
Debentures | -
2%₹48 Cr450

7. Nippon India Ultra Short Duration Fund

(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 CAGR/Annualized return of 6% since its launch.  Ranked 62 in Ultrashort Bond category.  Return for 2023 was 6.7% , 2022 was 4.6% and 2021 was 7.8% .

Below is the key information for Nippon India Ultra Short Duration Fund

Nippon India Ultra Short Duration Fund
Growth
Launch Date 7 Dec 01
NAV (18 Mar 24) ₹3,678.76 ↑ 2.19   (0.06 %)
Net Assets (Cr) ₹5,319 on 31 Jan 24
Category Debt - Ultrashort Bond
AMC Nippon Life Asset Management Ltd.
Rating
Risk Low
Expense Ratio 1.17
Sharpe Ratio -1.19
Information Ratio 0
Alpha Ratio 0
Min Investment 100
Min SIP Investment 100
Exit Load NIL
Yield to Maturity 8.01%
Effective Maturity 5 Months 20 Days
Modified Duration 5 Months 5 Days

Growth of 10,000 investment over the years.

DateValue
28 Feb 19₹10,000
29 Feb 20₹10,090
28 Feb 21₹10,499
28 Feb 22₹11,331
28 Feb 23₹11,885
29 Feb 24₹12,707

Nippon India 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 ₹194,235.
Net Profit of ₹14,235
Invest Now

Returns for Nippon India 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 18 Mar 24

DurationReturns
1 Month 0.7%
3 Month 1.8%
6 Month 3.3%
1 Year 7%
3 Year 6.6%
5 Year 4.9%
10 Year
15 Year
Since launch 6%
Historical performance (Yearly) on absolute basis
YearReturns
2023 6.7%
2022 4.6%
2021 7.8%
2020 4.9%
2019 0.9%
2018 7.3%
2017 5.8%
2016 6.8%
2015 7.6%
2014 8.4%
Fund Manager information for Nippon India Ultra Short Duration Fund
NameSinceTenure
Vivek Sharma1 Oct 1310.42 Yr.
Kinjal Desai25 May 185.77 Yr.
Akshay Sharma1 Dec 221.25 Yr.

Data below for Nippon India Ultra Short Duration Fund as on 31 Jan 24

Asset Allocation
Asset ClassValue
Cash63.8%
Debt35.95%
Other0.25%
Debt Sector Allocation
SectorValue
Corporate55.87%
Cash Equivalent32.99%
Government10.88%
Credit Quality
RatingValue
AA13.67%
AAA86.33%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
Indinfravit Trust
Debentures | -
4%₹216 Cr22,000
182 DTB 14032024
Sovereign Bonds | -
4%₹200 Cr20,000,000
Dlf Cyber City Developers Ltd
Debentures | -
3%₹187 Cr1,890
↑ 1,050
National Housing Bank
Debentures | -
2%₹125 Cr12,500
Power Finance Corporation Ltd.
Debentures | -
2%₹101 Cr1,000
PNb Housing Finance Limited
Debentures | -
2%₹100 Cr10,000
↑ 10,000
08.39 RJ UDAY 2024
Domestic Bonds | -
2%₹100 Cr10,000,000
182 DTB 07032023
Sovereign Bonds | -
2%₹100 Cr10,000,000
L&T Metro Rail (Hyderabad) Limited
Debentures | -
2%₹98 Cr1,000
182 DTB 22082024
Sovereign Bonds | -
2%₹97 Cr10,000,000
↑ 10,000,000

8. Invesco India Ultra Short Term Fund

(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.

Invesco India Ultra Short Term Fund is a Debt - Ultrashort Bond fund was launched on 30 Dec 10. It is a fund with Moderate risk and has given a CAGR/Annualized return of 7.1% since its launch.  Ranked 40 in Ultrashort Bond category.  Return for 2023 was 6.6% , 2022 was 4.1% and 2021 was 3% .

Below is the key information for Invesco India Ultra Short Term Fund

Invesco India Ultra Short Term Fund
Growth
Launch Date 30 Dec 10
NAV (18 Mar 24) ₹2,461.76 ↑ 1.29   (0.05 %)
Net Assets (Cr) ₹638 on 31 Jan 24
Category Debt - Ultrashort Bond
AMC Invesco Asset Management (India) Private Ltd
Rating
Risk Moderate
Expense Ratio 0.89
Sharpe Ratio -1.47
Information Ratio 0
Alpha Ratio 0
Min Investment 5,000
Min SIP Investment 1,000
Exit Load NIL
Yield to Maturity 7.66%
Effective Maturity 4 Months 11 Days
Modified Duration 4 Months 1 Day

Growth of 10,000 investment over the years.

DateValue
28 Feb 19₹10,000
29 Feb 20₹10,723
28 Feb 21₹11,218
28 Feb 22₹11,575
28 Feb 23₹12,095
29 Feb 24₹12,961

Invesco India 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 ₹197,169.
Net Profit of ₹17,169
Invest Now

Returns for Invesco India 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 18 Mar 24

DurationReturns
1 Month 0.8%
3 Month 2%
6 Month 3.6%
1 Year 7.2%
3 Year 5%
5 Year 5.3%
10 Year
15 Year
Since launch 7.1%
Historical performance (Yearly) on absolute basis
YearReturns
2023 6.6%
2022 4.1%
2021 3%
2020 5.1%
2019 7.6%
2018 7.3%
2017 7.1%
2016 9.1%
2015 8.3%
2014 10.1%
Fund Manager information for Invesco India Ultra Short Term Fund
NameSinceTenure
Krishna Cheemalapati4 Jan 204.16 Yr.
Vikas Garg27 Jul 212.6 Yr.

Data below for Invesco India Ultra Short Term Fund as on 31 Jan 24

Asset Allocation
Asset ClassValue
Cash65.59%
Debt34.07%
Other0.33%
Debt Sector Allocation
SectorValue
Cash Equivalent51.1%
Corporate42.54%
Government6.03%
Credit Quality
RatingValue
AA18.84%
AAA81.16%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
364 DTB 07032024
Sovereign Bonds | -
8%₹50 Cr5,000,000
Pipeline Infrastructure Limited
Debentures | -
6%₹35 Cr3,500,000
Jamnagar Utilities & Power Private Limited
Debentures | -
4%₹25 Cr2,500,000
Indian Railway Finance Corporation Limited
Debentures | -
4%₹25 Cr2,500,000
LIC Housing Finance Limited
Debentures | -
3%₹20 Cr2,000,000
↑ 2,000,000
Bharti Hexacom Limited
Debentures | -
3%₹20 Cr2,000,000
Bharti Telecom Limited
Debentures | -
3%₹17 Cr1,700,000
08.10 Wb Sdl 2025mar
Sovereign Bonds | -
2%₹15 Cr1,500,000
PNb Housing Finance Limited
Debentures | -
2%₹15 Cr1,500,000
05.80 MH Sdl 2025
Sovereign Bonds | -
2%₹15 Cr1,500,000

9. Canara Robeco Ultra Short Term Fund

(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.

Canara Robeco Ultra Short Term Fund is a Debt - Ultrashort Bond fund was launched on 14 Jul 08. It is a fund with Low risk and has given a CAGR/Annualized return of 6.8% since its launch.  Ranked 72 in Ultrashort Bond category.  Return for 2023 was 6.4% , 2022 was 3.9% and 2021 was 2.6% .

Below is the key information for Canara Robeco Ultra Short Term Fund

Canara Robeco Ultra Short Term Fund
Growth
Launch Date 14 Jul 08
NAV (18 Mar 24) ₹3,483.46 ↑ 1.84   (0.05 %)
Net Assets (Cr) ₹487 on 31 Jan 24
Category Debt - Ultrashort Bond
AMC Canara Robeco Asset Management Co. Ltd.
Rating
Risk Low
Expense Ratio 0.95
Sharpe Ratio -2.97
Information Ratio 0
Alpha Ratio 0
Min Investment 5,000
Min SIP Investment 1,000
Exit Load NIL
Yield to Maturity 7.64%
Effective Maturity 4 Months 22 Days
Modified Duration 4 Months 12 Days

Growth of 10,000 investment over the years.

DateValue
28 Feb 19₹10,000
29 Feb 20₹10,633
28 Feb 21₹11,060
28 Feb 22₹11,365
28 Feb 23₹11,860
29 Feb 24₹12,641

Canara Robeco 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 ₹194,235.
Net Profit of ₹14,235
Invest Now

Returns for Canara Robeco 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 18 Mar 24

DurationReturns
1 Month 0.6%
3 Month 1.6%
6 Month 3.2%
1 Year 6.6%
3 Year 4.6%
5 Year 4.8%
10 Year
15 Year
Since launch 6.8%
Historical performance (Yearly) on absolute basis
YearReturns
2023 6.4%
2022 3.9%
2021 2.6%
2020 4.5%
2019 6.6%
2018 6.1%
2017 5.7%
2016 7.3%
2015 8.4%
2014 9.3%
Fund Manager information for Canara Robeco Ultra Short Term Fund
NameSinceTenure
Suman Prasad12 Apr 1112.9 Yr.
Avnish Jain1 Apr 221.92 Yr.

Data below for Canara Robeco Ultra Short Term Fund as on 31 Jan 24

Asset Allocation
Asset ClassValue
Cash52.32%
Debt47.4%
Other0.29%
Debt Sector Allocation
SectorValue
Corporate49.43%
Government29.23%
Cash Equivalent21.05%
Credit Quality
RatingValue
AAA100%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
364 DTB 05122024
Sovereign Bonds | -
10%₹54 Cr
National Bank For Agriculture And Rural Development
Debentures | -
5%₹30 Cr300
Power Finance Corporation Ltd.
Debentures | -
5%₹25 Cr250
Sundaram Finance Limited
Debentures | -
5%₹25 Cr250
↑ 250
Power Grid Corporation Of India Limited
Debentures | -
5%₹25 Cr250
Hdb Financial Services Limited
Debentures | -
5%₹25 Cr250
Small Industries Development Bank Of India
Debentures | -
5%₹25 Cr250
Rec Limited
Debentures | -
5%₹25 Cr250
Kotak Mahindra Prime Limited
Debentures | -
5%₹25 Cr250
LIC Housing Finance Limited
Debentures | -
5%₹25 Cr250

10. 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% since its launch.  Ranked 9 in Ultrashort Bond category.  Return for 2023 was 6.2% , 2022 was 4.4% and 2021 was 3.2% .

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 (18 Mar 24) ₹2,902.31 ↑ 1.41   (0.05 %)
Net Assets (Cr) ₹136 on 31 Jan 24
Category Debt - Ultrashort Bond
AMC BOI AXA Investment Mngrs Private Ltd
Rating
Risk Moderately Low
Expense Ratio 0.66
Sharpe Ratio -3.79
Information Ratio 0
Alpha Ratio 0
Min Investment 5,000
Min SIP Investment 1,000
Exit Load NIL
Yield to Maturity 7.7%
Effective Maturity 5 Months 5 Days
Modified Duration 5 Months 8 Days

Growth of 10,000 investment over the years.

DateValue
28 Feb 19₹10,000
29 Feb 20₹10,721
28 Feb 21₹11,199
28 Feb 22₹11,571
28 Feb 23₹12,121
29 Feb 24₹12,892

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 ₹197,169.
Net Profit of ₹17,169
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 18 Mar 24

DurationReturns
1 Month 0.6%
3 Month 1.6%
6 Month 3%
1 Year 6.4%
3 Year 4.9%
5 Year 5.2%
10 Year
15 Year
Since launch 7%
Historical performance (Yearly) on absolute basis
YearReturns
2023 6.2%
2022 4.4%
2021 3.2%
2020 4.9%
2019 7.5%
2018 7.6%
2017 8%
2016 9.1%
2015 8.7%
2014 9.3%
Fund Manager information for BOI AXA Ultra Short Duration Fund
NameSinceTenure
Mithraem Bharucha17 Aug 212.54 Yr.

Data below for BOI AXA Ultra Short Duration Fund as on 31 Jan 24

Asset Allocation
Asset ClassValue
Cash51.6%
Debt48.14%
Other0.26%
Debt Sector Allocation
SectorValue
Corporate54.3%
Government34.15%
Cash Equivalent11.29%
Credit Quality
RatingValue
AA7.49%
AAA92.51%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
Kotak Mahindra Bank Ltd.
Debentures | -
8%₹11 Cr1,150,000
Power Grid Corporation Of India Limited
Debentures | -
7%₹10 Cr1,005,000
Cholamandalam Investment And Fin. Co. Ltd
Debentures | -
7%₹10 Cr1,000,000
LIC Housing Finance Limited
Debentures | -
7%₹10 Cr1,000,000
↑ 1,000,000
364 DTB 28112024
Sovereign Bonds | -
7%₹9 Cr1,000,000
Reliance Industries Limited
Debentures | -
6%₹8 Cr800,000
India (Republic of)
- | -
4%₹6 Cr600,000
Rec Limited
Debentures | -
3%₹5 Cr500,000
Hindustan Petroleum Corporation Limited
Debentures | -
3%₹5 Cr500,000
Bank of Baroda
Debentures | -
3%₹5 Cr500,000
↑ 500,000

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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