Table of Contents
Top 10 Debt - Ultrashort Bond Funds
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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Fund NAV Net Assets (Cr) 2023 (%) 2022 (%) 2021 (%) Debt Yield (YTM) Mod. Duration Eff. Maturity Aditya Birla Sun Life Savings Fund Growth ₹496.868
↑ 0.36 ₹12,852 7.2 4.8 3.9 7.98% 5M 19D 6M 4D SBI Magnum Ultra Short Duration Fund Growth ₹5,444.13
↑ 3.53 ₹10,861 7 4.5 3.4 7.75% 4M 28D 5M 12D ICICI Prudential Ultra Short Term Fund Growth ₹25.2286
↑ 0.02 ₹13,854 6.9 4.5 4 7.91% 4M 6D 4M 20D Kotak Savings Fund Growth ₹39.1494
↑ 0.03 ₹12,414 6.8 4.5 3.2 7.83% 5M 1D 7M 6D UTI Ultra Short Term Fund Growth ₹3,873.93
↑ 2.25 ₹1,815 6.7 4.2 6.1 7.89% 4M 12D 4M 19D DSP BlackRock Money Manager Fund Growth ₹3,115.23
↑ 1.96 ₹2,629 6.7 4.1 2.9 7.91% 4M 28D 5M 12D Nippon India Ultra Short Duration Fund Growth ₹3,678.76
↑ 2.19 ₹5,319 6.7 4.6 7.8 8.01% 5M 5D 5M 20D Invesco India Ultra Short Term Fund Growth ₹2,461.76
↑ 1.29 ₹638 6.6 4.1 3 7.66% 4M 1D 4M 11D Canara Robeco Ultra Short Term Fund Growth ₹3,483.46
↑ 1.84 ₹487 6.4 3.9 2.6 7.64% 4M 12D 4M 22D BOI AXA Ultra Short Duration Fund Growth ₹2,902.31
↑ 1.41 ₹136 6.2 4.4 3.2 7.7% 5M 8D 5M 5D Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 18 Mar 24
The primary objective of the schemes is to generate regular income through investments in debt and money market instruments. Income maybe generated through the receipt of coupon payments or the purchase and sale of securities in the underlying portfolio. The schemes will under normal market conditions, invest its net assets in fixed income securities, money market instruments, cash and cash equivalents. Aditya Birla Sun Life Savings Fund is a Debt - Ultrashort Bond fund was launched on 16 Apr 03. It is a fund with Moderately Low risk and has given a Below is the key information for Aditya Birla Sun Life Savings Fund Returns up to 1 year are on (Erstwhile 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 Below is the key information for SBI Magnum Ultra Short Duration Fund Returns up to 1 year are on (Erstwhile ICICI Prudential Regular Income Fund) The fund’s objective is to generate regular income through investments primarily in debt and money market instruments. As a secondary objective, the Scheme also seeks to generate long term capital appreciation from the portion of equity investments under the Scheme. ICICI Prudential Ultra Short Term Fund is a Debt - Ultrashort Bond fund was launched on 3 May 11. It is a fund with Moderate risk and has given a Below is the key information for ICICI Prudential Ultra Short Term Fund Returns up to 1 year are on (Erstwhile Kotak Treasury Advantage Fund) The investment objective of the Scheme is to generate returns through investments in debt and money market instruments with a view to reduce the interest rate risk. However, there is no assurance or guarantee that the investment objective of the scheme will be achieved. Kotak Savings Fund is a Debt - Ultrashort Bond fund was launched on 13 Aug 04. It is a fund with Moderately Low risk and has given a Below is the key information for Kotak Savings Fund Returns up to 1 year are on (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 Below is the key information for UTI Ultra Short Term 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." 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 Below is the key information for DSP BlackRock Money Manager Fund Returns up to 1 year are on (Erstwhile Reliance Liquid Fund - Cash Plan) The investment objective of the Scheme is to generate optimal returns consistent with moderate levels of risk and high liquidity. Accordingly, investments shall predominantly be made in Debt and Money Market Instruments. Nippon India Ultra Short Duration Fund is a Debt - Ultrashort Bond fund was launched on 7 Dec 01. It is a fund with Low risk and has given a Below is the key information for Nippon India Ultra Short Duration Fund Returns up to 1 year are on (Erstwhile 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 Below is the key information for Invesco India 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. 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 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. 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 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
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% . 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.
Date Value 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 Returns for Aditya Birla Sun Life Savings Fund
absolute basis
& more than 1 year are on CAGR (Compound Annual Growth Rate)
basis. as on 18 Mar 24 Duration Returns 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
Year Returns 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
Name Since Tenure Sunaina Cunha 20 Jun 14 9.7 Yr. Kaustubh Gupta 15 Jul 11 12.64 Yr. Monika Gandhi 22 Mar 21 2.94 Yr. Dhaval Joshi 21 Nov 22 1.28 Yr. Data below for Aditya Birla Sun Life Savings Fund as on 31 Jan 24
Asset Allocation
Asset Class Value Cash 50.54% Debt 49.16% Other 0.3% Debt Sector Allocation
Sector Value Corporate 53.12% Cash Equivalent 25.21% Government 21.25% Securitized 0.11% Credit Quality
Rating Value AA 26.61% AAA 73.39% Top Securities Holdings / Portfolio
Name Holding Value Quantity HDFC Bank Limited
Debentures | -5% ₹597 Cr 6,000 Nirma Limited
Debentures | -4% ₹500 Cr 50,000
↑ 50,000 Tata Realty And Infrastructure Limited
Debentures | -3% ₹359 Cr 36,000 Hindalco Industries Limited
Debentures | -3% ₹350 Cr 35,000 Bharti Telecom Limited
Debentures | -3% ₹325 Cr 3,250 Pipeline Infrastructure Limited
Debentures | -2% ₹310 Cr 3,100 National Bank For Agriculture And Rural Development
Debentures | -2% ₹302 Cr 3,035 National Bank For Agriculture And Rural Development
Debentures | -2% ₹267 Cr 2,750 Nirma Limited 8.3%
Debentures | -2% ₹250 Cr 25,000
↑ 25,000 Cholamandalam Investment And Fin. Co. Ltd
Debentures | -2% ₹249 Cr 2,500 2. SBI Magnum Ultra Short Duration Fund
CAGR/Annualized
return of 7.1% since its launch. Return for 2023 was 7% , 2022 was 4.5% and 2021 was 3.4% . 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.
Date Value 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 Returns for SBI Magnum Ultra Short Duration Fund
absolute basis
& more than 1 year are on CAGR (Compound Annual Growth Rate)
basis. as on 18 Mar 24 Duration Returns 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
Year Returns 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
Name Since Tenure Arun R. 1 Jun 21 2.75 Yr. Ardhendu Bhattacharya 1 Dec 23 0.25 Yr. Pradeep Kesavan 1 Dec 23 0.25 Yr. Data below for SBI Magnum Ultra Short Duration Fund as on 31 Jan 24
Asset Allocation
Asset Class Value Cash 67.82% Debt 31.88% Other 0.3% Debt Sector Allocation
Sector Value Corporate 52.31% Cash Equivalent 30.09% Government 17.3% Credit Quality
Rating Value AAA 100% Top Securities Holdings / Portfolio
Name Holding Value Quantity 91 DTB 25042024
Sovereign Bonds | -7% ₹643 Cr 65,000,000 Panatone Finvest Ltd
Debentures | -3% ₹279 Cr 6,000 LIC Housing Finance Limited
Debentures | -3% ₹275 Cr 2,750 Kotak Mahindra Bank Ltd.
Debentures | -3% ₹263 Cr 5,500 Rural Electrification Corporation Limited
Debentures | -3% ₹258 Cr 2,600 182 DTB 04042024
Sovereign Bonds | -3% ₹248 Cr 25,000,000 Larsen And Toubro Limited
Debentures | -2% ₹200 Cr 20,000 91 DTB 11042024
Sovereign Bonds | -2% ₹198 Cr 20,000,000 National Bank For Agriculture And Rural Development
Debentures | -2% ₹185 Cr 1,850 National Bank For Agriculture And Rural Development
Debentures | -2% ₹149 Cr 1,500 3. ICICI Prudential Ultra Short Term Fund
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% . 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.
Date Value 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 Returns for ICICI Prudential Ultra Short Term Fund
absolute basis
& more than 1 year are on CAGR (Compound Annual Growth Rate)
basis. as on 18 Mar 24 Duration Returns 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
Year Returns 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
Name Since Tenure Manish Banthia 15 Nov 16 7.3 Yr. Ritesh Lunawat 15 Jun 17 6.71 Yr. Data below for ICICI Prudential Ultra Short Term Fund as on 31 Jan 24
Asset Allocation
Asset Class Value Cash 73.12% Debt 26.64% Other 0.24% Debt Sector Allocation
Sector Value Corporate 43.52% Cash Equivalent 39.8% Government 16.44% Credit Quality
Rating Value AA 15.83% AAA 84.17% Top Securities Holdings / Portfolio
Name Holding Value Quantity India (Republic of)
- | -3% ₹396 Cr 40,000,000 LIC Housing Finance Limited
Debentures | -2% ₹295 Cr 2,950 National Bank For Agriculture And Rural Development
Debentures | -2% ₹274 Cr 2,750 08.35 SBI RT SB 2024
Domestic Bonds | -2% ₹251 Cr 25,000,000 Indusind Bank Ltd.
Debentures | -2% ₹232 Cr 5,000
↑ 5,000 Bharti Telecom Limited
Debentures | -1% ₹200 Cr 20,000 Mahindra Rural Housing Finance Limited
Debentures | -1% ₹200 Cr 2,000 Bajaj Housing Finance Limited
Debentures | -1% ₹200 Cr 2,000 The Tata Power Company Limited
Debentures | -1% ₹200 Cr 2,000 Apollo Building Products Private Limited
Debentures | -1% ₹199 Cr 20,000 4. Kotak Savings Fund
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% . 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.
Date Value 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 Returns for Kotak Savings Fund
absolute basis
& more than 1 year are on CAGR (Compound Annual Growth Rate)
basis. as on 18 Mar 24 Duration Returns 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
Year Returns 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
Name Since Tenure Deepak Agrawal 15 Apr 08 15.89 Yr. Manu Sharma 1 Nov 22 1.33 Yr. Palha Khanna 3 Jul 23 0.66 Yr. Data below for Kotak Savings Fund as on 31 Jan 24
Asset Allocation
Asset Class Value Cash 58.85% Debt 40.91% Other 0.25% Debt Sector Allocation
Sector Value Corporate 63.51% Government 23.56% Cash Equivalent 12.68% Credit Quality
Rating Value AA 8.31% AAA 91.69% Top Securities Holdings / Portfolio
Name Holding Value Quantity Punjab National Bank
Domestic Bonds | -4% ₹464 Cr 50,000
↑ 50,000 India (Republic of)
- | -3% ₹374 Cr 40,000,000
↑ 40,000,000 Mahindra & Mahindra Financial Services Ltd
Debentures | -3% ₹349 Cr 3,500 182 DTB 14032024
Sovereign Bonds | -3% ₹348 Cr 35,000,000 India (Republic of)
- | -3% ₹348 Cr 35,000,000 182 DTB 29022024
Sovereign Bonds | -3% ₹319 Cr 31,981,000 182 DTB 20062024
Sovereign Bonds | -2% ₹244 Cr 25,000,000 HDFC Bank Ltd.
Debentures | -2% ₹232 Cr 25,000
↑ 25,000 Rural Electrification Corporation Limited
Debentures | -2% ₹209 Cr 2,100 Axis Bank Ltd.
Debentures | -1% ₹186 Cr 20,000
↑ 20,000 5. UTI Ultra Short Term Fund
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% . 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.
Date Value 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 Returns for UTI Ultra Short Term Fund
absolute basis
& more than 1 year are on CAGR (Compound Annual Growth Rate)
basis. as on 18 Mar 24 Duration Returns 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
Year Returns 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
Name Since Tenure Ritesh Nambiar 1 Jul 15 8.67 Yr. Data below for UTI Ultra Short Term Fund as on 31 Jan 24
Asset Allocation
Asset Class Value Cash 73.36% Debt 26.39% Other 0.24% Debt Sector Allocation
Sector Value Cash Equivalent 50.16% Corporate 42.59% Government 7.01% Credit Quality
Rating Value AA 16.91% AAA 83.09% Top Securities Holdings / Portfolio
Name Holding Value Quantity 364 DTB 22032024
Sovereign Bonds | -5% ₹99 Cr 1,000,000,000 Torrent Power Limited
Debentures | -2% ₹50 Cr 500 G R Infraprojects Limited
Debentures | -2% ₹50 Cr 500 LIC Housing Finance Limited
Debentures | -2% ₹50 Cr 500 182 DTB 29032024
Sovereign Bonds | -2% ₹50 Cr 500,000,000 ICICI Bank Ltd.
Debentures | -2% ₹47 Cr 500,000,000
↑ 500,000,000 Small Industries Development Bank of India
Debentures | -2% ₹46 Cr 500,000,000
↑ 500,000,000 Jamnagar Utilities & Power Private Limited
Debentures | -2% ₹40 Cr 400 India Grid TRust
Debentures | -1% ₹25 Cr 250 National Housing Bank
Debentures | -1% ₹25 Cr 2,500 6. DSP BlackRock Money Manager Fund
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% . 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.
Date Value 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 Returns for DSP BlackRock Money Manager Fund
absolute basis
& more than 1 year are on CAGR (Compound Annual Growth Rate)
basis. as on 18 Mar 24 Duration Returns 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
Year Returns 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
Name Since Tenure Kedar Karnik 17 Jul 16 7.63 Yr. Karan Mundhra 31 May 21 2.75 Yr. Data below for DSP BlackRock Money Manager Fund as on 31 Jan 24
Asset Allocation
Asset Class Value Cash 68.41% Debt 31.35% Other 0.24% Debt Sector Allocation
Sector Value Corporate 51.88% Cash Equivalent 30.28% Government 17.6% Credit Quality
Rating Value AAA 100% Top Securities Holdings / Portfolio
Name Holding Value Quantity National Bank For Agriculture And Rural Development
Debentures | -4% ₹104 Cr 1,000 182 DTB 27062024
Sovereign Bonds | -3% ₹83 Cr 8,500,000 7.35% Govt Stock 2024
Sovereign Bonds | -3% ₹79 Cr 7,800,000 LIC Housing Finance Limited
Debentures | -3% ₹78 Cr 750 182 DTB 25072024
Sovereign Bonds | -3% ₹73 Cr 7,500,000 LIC Housing Finance Limited
Debentures | -3% ₹72 Cr 700 Bajaj Housing Finance Limited
Debentures | -2% ₹52 Cr 500 National Bank For Agriculture And Rural Development
Debentures | -2% ₹51 Cr 500 182 DTB 18072024
Sovereign Bonds | -2% ₹49 Cr 5,000,000 Grasim Industries Limited
Debentures | -2% ₹48 Cr 450 7. Nippon India Ultra Short Duration Fund
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% . 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.
Date Value 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 Returns for Nippon India Ultra Short Duration Fund
absolute basis
& more than 1 year are on CAGR (Compound Annual Growth Rate)
basis. as on 18 Mar 24 Duration Returns 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
Year Returns 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
Name Since Tenure Vivek Sharma 1 Oct 13 10.42 Yr. Kinjal Desai 25 May 18 5.77 Yr. Akshay Sharma 1 Dec 22 1.25 Yr. Data below for Nippon India Ultra Short Duration Fund as on 31 Jan 24
Asset Allocation
Asset Class Value Cash 63.8% Debt 35.95% Other 0.25% Debt Sector Allocation
Sector Value Corporate 55.87% Cash Equivalent 32.99% Government 10.88% Credit Quality
Rating Value AA 13.67% AAA 86.33% Top Securities Holdings / Portfolio
Name Holding Value Quantity Indinfravit Trust
Debentures | -4% ₹216 Cr 22,000 182 DTB 14032024
Sovereign Bonds | -4% ₹200 Cr 20,000,000 Dlf Cyber City Developers Ltd
Debentures | -3% ₹187 Cr 1,890
↑ 1,050 National Housing Bank
Debentures | -2% ₹125 Cr 12,500 Power Finance Corporation Ltd.
Debentures | -2% ₹101 Cr 1,000 PNb Housing Finance Limited
Debentures | -2% ₹100 Cr 10,000
↑ 10,000 08.39 RJ UDAY 2024
Domestic Bonds | -2% ₹100 Cr 10,000,000 182 DTB 07032023
Sovereign Bonds | -2% ₹100 Cr 10,000,000 L&T Metro Rail (Hyderabad) Limited
Debentures | -2% ₹98 Cr 1,000 182 DTB 22082024
Sovereign Bonds | -2% ₹97 Cr 10,000,000
↑ 10,000,000 8. Invesco India Ultra Short Term Fund
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% . 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.
Date Value 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 Returns for Invesco India Ultra Short Term Fund
absolute basis
& more than 1 year are on CAGR (Compound Annual Growth Rate)
basis. as on 18 Mar 24 Duration Returns 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
Year Returns 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
Name Since Tenure Krishna Cheemalapati 4 Jan 20 4.16 Yr. Vikas Garg 27 Jul 21 2.6 Yr. Data below for Invesco India Ultra Short Term Fund as on 31 Jan 24
Asset Allocation
Asset Class Value Cash 65.59% Debt 34.07% Other 0.33% Debt Sector Allocation
Sector Value Cash Equivalent 51.1% Corporate 42.54% Government 6.03% Credit Quality
Rating Value AA 18.84% AAA 81.16% Top Securities Holdings / Portfolio
Name Holding Value Quantity 364 DTB 07032024
Sovereign Bonds | -8% ₹50 Cr 5,000,000 Pipeline Infrastructure Limited
Debentures | -6% ₹35 Cr 3,500,000 Jamnagar Utilities & Power Private Limited
Debentures | -4% ₹25 Cr 2,500,000 Indian Railway Finance Corporation Limited
Debentures | -4% ₹25 Cr 2,500,000 LIC Housing Finance Limited
Debentures | -3% ₹20 Cr 2,000,000
↑ 2,000,000 Bharti Hexacom Limited
Debentures | -3% ₹20 Cr 2,000,000 Bharti Telecom Limited
Debentures | -3% ₹17 Cr 1,700,000 08.10 Wb Sdl 2025mar
Sovereign Bonds | -2% ₹15 Cr 1,500,000 PNb Housing Finance Limited
Debentures | -2% ₹15 Cr 1,500,000 05.80 MH Sdl 2025
Sovereign Bonds | -2% ₹15 Cr 1,500,000 9. Canara Robeco Ultra Short Term Fund
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% . 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.
Date Value 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 Returns for Canara Robeco Ultra Short Term Fund
absolute basis
& more than 1 year are on CAGR (Compound Annual Growth Rate)
basis. as on 18 Mar 24 Duration Returns 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
Year Returns 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
Name Since Tenure Suman Prasad 12 Apr 11 12.9 Yr. Avnish Jain 1 Apr 22 1.92 Yr. Data below for Canara Robeco Ultra Short Term Fund as on 31 Jan 24
Asset Allocation
Asset Class Value Cash 52.32% Debt 47.4% Other 0.29% Debt Sector Allocation
Sector Value Corporate 49.43% Government 29.23% Cash Equivalent 21.05% Credit Quality
Rating Value AAA 100% Top Securities Holdings / Portfolio
Name Holding Value Quantity 364 DTB 05122024
Sovereign Bonds | -10% ₹54 Cr National Bank For Agriculture And Rural Development
Debentures | -5% ₹30 Cr 300 Power Finance Corporation Ltd.
Debentures | -5% ₹25 Cr 250 Sundaram Finance Limited
Debentures | -5% ₹25 Cr 250
↑ 250 Power Grid Corporation Of India Limited
Debentures | -5% ₹25 Cr 250 Hdb Financial Services Limited
Debentures | -5% ₹25 Cr 250 Small Industries Development Bank Of India
Debentures | -5% ₹25 Cr 250 Rec Limited
Debentures | -5% ₹25 Cr 250 Kotak Mahindra Prime Limited
Debentures | -5% ₹25 Cr 250 LIC Housing Finance Limited
Debentures | -5% ₹25 Cr 250 10. BOI AXA Ultra Short Duration Fund
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% . 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.
Date Value 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 Returns for BOI AXA Ultra Short Duration Fund
absolute basis
& more than 1 year are on CAGR (Compound Annual Growth Rate)
basis. as on 18 Mar 24 Duration Returns 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
Year Returns 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
Name Since Tenure Mithraem Bharucha 17 Aug 21 2.54 Yr. Data below for BOI AXA Ultra Short Duration Fund as on 31 Jan 24
Asset Allocation
Asset Class Value Cash 51.6% Debt 48.14% Other 0.26% Debt Sector Allocation
Sector Value Corporate 54.3% Government 34.15% Cash Equivalent 11.29% Credit Quality
Rating Value AA 7.49% AAA 92.51% Top Securities Holdings / Portfolio
Name Holding Value Quantity Kotak Mahindra Bank Ltd.
Debentures | -8% ₹11 Cr 1,150,000 Power Grid Corporation Of India Limited
Debentures | -7% ₹10 Cr 1,005,000 Cholamandalam Investment And Fin. Co. Ltd
Debentures | -7% ₹10 Cr 1,000,000 LIC Housing Finance Limited
Debentures | -7% ₹10 Cr 1,000,000
↑ 1,000,000 364 DTB 28112024
Sovereign Bonds | -7% ₹9 Cr 1,000,000 Reliance Industries Limited
Debentures | -6% ₹8 Cr 800,000 India (Republic of)
- | -4% ₹6 Cr 600,000 Rec Limited
Debentures | -3% ₹5 Cr 500,000 Hindustan Petroleum Corporation Limited
Debentures | -3% ₹5 Cr 500,000 Bank of Baroda
Debentures | -3% ₹5 Cr 500,000
↑ 500,000
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