fincash logo SOLUTIONS
EXPLORE FUNDS
CALCULATORS
LOG IN
SIGN UP

Fincash » Mutual Funds » Ultra Short Term Funds Vs Liquid Funds

Ultra Short Term Funds Vs Liquid Funds

Updated on November 21, 2022 , 26036 views

Whenever we think of short-term investment in Mutual Funds, we often come across the terms such as ultra short term funds and Liquid Funds. Though both of them are categories of debt funds, however, they do possess the different characteristics. Ultra Short Term fund is a Debt fund category whose portfolio consists of fixed Income securities with a maturity period ranging between 91 days to one year. On the other hand, the liquid fund is a debt fund category whose portfolio consists of Fixed Income securities with a maturity period of less than or equal to 91 days.

ultra-short-vs-liquid-funds

So, let us understand the differences between both ultra short term funds and liquid funds with respect to various parameters.

What is an Ultra Short Term Fund?

Ultra short term fund is a category of debt fund that invests its corpus in fixed income securities. The fund’s portfolio maturity tenure extends between 91 days and normally less than 1 year. These schemes were earlier referred as Liquid Plus Funds. Ultra Short Term Funds is suitable for investors who are willing to take a marginally higher level of risk to earn higher returns. These schemes are a notch above liquid funds with respect to risk and returns.

What is a Liquid Fund?

Liquid fund refers to the Mutual Fund scheme that invests its accumulated fund money in fixed income securities having a maturity period of less than 91 days. Liquid funds are part of debt funds and are considered to be one of the safe investment avenues. People having idle funds lying in their Bank account can choose to invest in the money in liquid funds and earn more returns. These schemes have higher liquidity as compared to ultra short term fund.

Difference Between Ultra Short Term Fund Vs Liquid Fund

The different parameters that differentiate ultra short term funds and liquid funds are as follows.

Maturity Tenure of Underlying Assets

The Maturity tenure of Underlying assets in case of liquid funds is less as compared to ultra short term funds. These securities in most cases have a maturity profile of less than or equal to 91 days. However, in case of ultra short term funds, the maturity tenure of its underlying securities are more than 91 days and less than 1 year.

Liquidity

The liquidity of liquid funds is high as compared to ultra short term funds. In case liquid funds, some of the Mutual Fund companies do provide an instant Redemption Facility. By opting for this facility, one can ensure that they get their proceeds credited to the bank account within 30 minutes. However, this facility is not available in case of ultra short term funds. In ultra short term funds people get their money back on the next working day if they place their order before the cut-off time.

Ready to Invest?
Talk to our investment specialist
Disclaimer:
By submitting this form I authorize Fincash.com to call/SMS/email me about its products and I accept the terms of Privacy Policy and Terms & Conditions.

Returns

The returns in case of ultra short term funds are slightly higher as compared to liquid funds. This higher return is due to the marginally higher risk which is present in ultra short term funds as compared to liquid funds.

Risk

The risk in case of liquid funds is very low as compared to ultra short term funds. This is because the underlying securities in liquid funds are mostly held till maturity instead of trading due to very low maturity tenure. However, in case of ultra short term funds, the risk is marginally higher as compared to liquid funds.

Exit Load

Most of the liquid funds do not have any exit loads attached to it due to which people get the entire redemption proceeds at the time of withdrawals. However, ultra short term funds may or may not have exit loads. Exit load in case of ultra short term fund is generally applicable if the redemption is done within a short period of time.

Taxation

Since both ultra short-term funds and liquid funds are a part of the debt funds; the taxation rules are same for both of them. If both the funds are sold within three years from the date of purchase, then Short Term Capital Gain (STCG) is applicable which is charged as per the individual’s tax slab. On the contrary, if the units are redeemed after three years then Long Term Capital Gain (LTCG) is applicable which is charged at 20% along with indexation benefits.

Cut-off Time

The cut-off time for placing an order with respect to purchase or redemption in case of the liquid fund is 2 PM, while in case of ultra short term funds the cut-off time is 3 PM.

The table given below sums up the differences between liquid funds and ultra short term funds.

Parameters Liquid Funds Ultra Short Term Funds
Maturity Profile of Underlying Assets The maturity profile of the assets is less than or equal to 91 days The maturity profile of the assets is more than 91 days and less than one year
Liquidity High liquidity Low as compared to Liquid Funds
Returns Lower as compared to ultra short term funds Slightly higher than liquid funds
Risk Very low Marginally higher in comparison to liquid funds
Exit Load Mostly does not have exit load May or may not have exit loads
Taxation Short-term: Taxed as per individual’s slab rates Long-term: Taxed at 20% and had taxation benefits Same as Liquid Funds
Cut-off Time 2 PM 3 PM

Best Funds to Invest in FY 22 - 23

After understanding the differences between liquid funds and ultra short term funds, let us have a look at some of the Best Liquid Funds and Best Ultra Short term funds which may suit your requirements.

Best Liquid Funds

FundNAVNet Assets (Cr)1 MO (%)3 MO (%)6 MO (%)1 YR (%)2021 (%)Debt Yield (YTM)Mod. DurationEff. Maturity
Baroda Pioneer Liquid Fund Growth ₹2,510.41
↑ 0.43
₹5,8170.51.52.74.53.36.67%1M 6D1M 9D
Axis Liquid Fund Growth ₹2,426.12
↑ 0.44
₹29,7030.51.52.74.53.36.32%1M 11D1M 12D
Canara Robeco Liquid Growth ₹2,623.61
↑ 0.45
₹2,2610.61.52.74.53.26.56%1M 5D1M 7D
JM Liquid Fund Growth ₹59.64
↑ 0.01
₹1,5530.51.52.74.53.36.24%1M 4D1M 6D
DSP BlackRock Liquidity Fund Growth ₹3,114.82
↑ 0.55
₹12,9470.51.42.74.53.36.58%29D1M 2D
Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 23 Nov 22

Best Ultra Short Term Funds

FundNAVNet Assets (Cr)3 MO (%)6 MO (%)1 YR (%)3 YR (%)2021 (%)Debt Yield (YTM)Mod. DurationEff. Maturity
Aditya Birla Sun Life Savings Fund Growth ₹453.152
↑ 0.06
₹14,0751.32.74.45.23.97.45%6M6M 11D
Nippon India Ultra Short Duration Fund Growth ₹3,374.1
↑ 0.62
₹4,9151.22.64.35.87.87.18%5M 13D6M 1D
ICICI Prudential Ultra Short Term Fund Growth ₹23.0636
↑ 0.00
₹11,7521.32.64.2546.92%4M 2D4M 20D
Kotak Savings Fund Growth ₹35.8556
↑ 0.01
₹12,8531.22.54.14.43.26.89%4M 13D6M 4D
SBI Magnum Ultra Short Duration Fund Growth ₹4,976.41
↑ 0.91
₹11,4331.32.64.14.53.46.76%5M 8D5M 19D
Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 23 Nov 22

*Above is the detailed list of Liquid / Ultrashort funds having Net Assets more than 1000 Crore and have been managing funds for atleast 3 Years. Sorted based on 1 Year returns.

*Below is the detailed list of Liquid / Ultrashort funds having Net Assets more than 1000 Crore and have been managing funds for atleast 3 Years. Sorted based on last yield to maturity.

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 2021 was 3.9% , 2020 was 7% and 2019 was 8.5% .

Below is the key information for Aditya Birla Sun Life Savings Fund

Aditya Birla Sun Life Savings Fund
Growth
Launch Date 16 Apr 03
NAV (23 Nov 22) ₹453.152 ↑ 0.06   (0.01 %)
Net Assets (Cr) ₹14,075 on 31 Oct 22
Category Debt - Ultrashort Bond
AMC Birla Sun Life Asset Management Co Ltd
Rating
Risk Moderately Low
Expense Ratio 0.49
Sharpe Ratio -0.48
Information Ratio 0
Alpha Ratio 0
Min Investment 1,000
Min SIP Investment 1,000
Exit Load NIL
Yield to Maturity 7.45%
Effective Maturity 6 Months 11 Days
Modified Duration 6 Months

Growth of 10,000 investment over the years.

DateValue
31 Oct 17₹10,000
31 Oct 18₹10,672
31 Oct 19₹11,646
31 Oct 20₹12,491
31 Oct 21₹12,991
31 Oct 22₹13,551

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 23 Nov 22

DurationReturns
1 Month 0.6%
3 Month 1.3%
6 Month 2.7%
1 Year 4.4%
3 Year 5.2%
5 Year 6.3%
10 Year
15 Year
Since launch 7.4%
Historical performance (Yearly) on absolute basis
YearReturns
2021 3.9%
2020 7%
2019 8.5%
2018 7.6%
2017 7.2%
2016 9.2%
2015 8.9%
2014 9.7%
2013 9.5%
2012 9.7%
Fund Manager information for Aditya Birla Sun Life Savings Fund
NameSinceTenure
Sunaina Cunha14 Jun 148.39 Yr.
Kaustubh Gupta15 Jul 1111.31 Yr.
Monika Gandhi22 Mar 211.61 Yr.

Data below for Aditya Birla Sun Life Savings Fund as on 31 Oct 22

Asset Allocation
Asset ClassValue
Cash61.67%
Debt38.33%
Debt Sector Allocation
SectorValue
Corporate46.28%
Cash Equivalent27.8%
Government25.92%
Credit Quality
RatingValue
AA14.21%
AAA85.79%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
Housing Development Finance Corporation Ltd
Debentures | -
4%₹600 Cr6,000
Shriram Transport Finance Company Limited
Debentures | -
2%₹279 Cr2,750
Reliance Industries Limited
Debentures | -
2%₹255 Cr2,500
Cholamandalam Investment And Fin. Co. Ltd
Debentures | -
2%₹250 Cr2,500
08.54 MH Sdl 2023
Sovereign Bonds | -
2%₹247 Cr24,500,000
Housing Development Finance Corporation Ltd
Debentures | -
2%₹245 Cr2,450
08.21 HR UDAY 2023
Domestic Bonds | -
2%₹236 Cr23,500,000
08.39 RJ UDAY 2023
Domestic Bonds | -
1%₹216 Cr21,477,000
08.24 GJ Sdl 2023
Sovereign Bonds | -
1%₹211 Cr21,000,000
08.48 KA Sdl 2022
Sovereign Bonds | -
1%₹200 Cr20,000,000

2. 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 2021 was 7.8% , 2020 was 4.9% and 2019 was 0.9% .

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 (23 Nov 22) ₹3,374.1 ↑ 0.62   (0.02 %)
Net Assets (Cr) ₹4,915 on 31 Oct 22
Category Debt - Ultrashort Bond
AMC Nippon Life Asset Management Ltd.
Rating
Risk Low
Expense Ratio 1.12
Sharpe Ratio -0.92
Information Ratio 0
Alpha Ratio 0
Min Investment 100
Min SIP Investment 100
Exit Load NIL
Yield to Maturity 7.18%
Effective Maturity 6 Months 1 Day
Modified Duration 5 Months 13 Days

Growth of 10,000 investment over the years.

DateValue
31 Oct 17₹10,000
31 Oct 18₹10,667
31 Oct 19₹10,795
31 Oct 20₹11,347
31 Oct 21₹12,267
31 Oct 22₹12,778

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 ₹197,169.
Net Profit of ₹17,169
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 23 Nov 22

DurationReturns
1 Month 0.6%
3 Month 1.2%
6 Month 2.6%
1 Year 4.3%
3 Year 5.8%
5 Year 5%
10 Year
15 Year
Since launch 6%
Historical performance (Yearly) on absolute basis
YearReturns
2021 7.8%
2020 4.9%
2019 0.9%
2018 7.3%
2017 5.8%
2016 6.8%
2015 7.6%
2014 8.4%
2013 8.5%
2012 9.2%
Fund Manager information for Nippon India Ultra Short Duration Fund
NameSinceTenure
Vivek Sharma1 Oct 139.09 Yr.
Kinjal Desai25 May 184.44 Yr.

Data below for Nippon India Ultra Short Duration Fund as on 31 Oct 22

Asset Allocation
Asset ClassValue
Cash68.76%
Debt31.24%
Debt Sector Allocation
SectorValue
Corporate45.48%
Cash Equivalent37.13%
Government17.38%
Credit Quality
RatingValue
AA21.33%
AAA78.67%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
182 DTB 22122022
Sovereign Bonds | -
4%₹222 Cr22,500,000
Tata Realty And Infrastructure Limited
Debentures | -
3%₹148 Cr1,500
Shriram Transport Finance Company Limited
Debentures | -
2%₹105 Cr1,050
↑ 1,050
Reliance Industries Limited
Debentures | -
2%₹102 Cr1,000
08.39 RJ UDAY 2024
Domestic Bonds | -
2%₹101 Cr10,000,000
↑ 10,000,000
Shriram Housing Finance Limited
Debentures | -
2%₹101 Cr1,000
National Housing Bank
Debentures | -
2%₹100 Cr1,000
Axis Bank Ltd.
Debentures | -
2%₹93 Cr2,000
↑ 2,000
Shriram Transport Finance Company Limited
Debentures | -
2%₹91 Cr900
Samvardhana Motherson International Limited
Debentures | -
1%₹74 Cr750

3. 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 2021 was 2.9% , 2020 was 4.7% and 2019 was 7.3% .

Below is the key information for DSP BlackRock Money Manager Fund

DSP BlackRock Money Manager Fund
Growth
Launch Date 31 Jul 06
NAV (23 Nov 22) ₹2,858.91 ↑ 0.50   (0.02 %)
Net Assets (Cr) ₹2,449 on 31 Oct 22
Category Debt - Ultrashort Bond
AMC DSP BlackRock Invmt Managers Pvt. Ltd.
Rating
Risk Moderately Low
Expense Ratio 1.69
Sharpe Ratio -2.75
Information Ratio 0
Alpha Ratio 0
Min Investment 1,000
Min SIP Investment 500
Exit Load NIL
Yield to Maturity 7.1%
Effective Maturity 4 Months 13 Days
Modified Duration 4 Months 2 Days

Growth of 10,000 investment over the years.

DateValue
31 Oct 17₹10,000
31 Oct 18₹10,561
31 Oct 19₹11,268
31 Oct 20₹11,837
31 Oct 21₹12,173
31 Oct 22₹12,605

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 ₹194,235.
Net Profit of ₹14,235
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 23 Nov 22

DurationReturns
1 Month 0.6%
3 Month 1.2%
6 Month 2.3%
1 Year 3.7%
3 Year 3.8%
5 Year 4.7%
10 Year
15 Year
Since launch 6.7%
Historical performance (Yearly) on absolute basis
YearReturns
2021 2.9%
2020 4.7%
2019 7.3%
2018 5%
2017 6%
2016 7.5%
2015 7.9%
2014 8.8%
2013 9.2%
2012 8.9%
Fund Manager information for DSP BlackRock Money Manager Fund
NameSinceTenure
Kedar Karnik17 Jul 166.3 Yr.
Karan Mundhra31 May 211.42 Yr.

Data below for DSP BlackRock Money Manager Fund as on 31 Oct 22

Asset Allocation
Asset ClassValue
Cash89.92%
Debt10.08%
Debt Sector Allocation
SectorValue
Corporate45.11%
Cash Equivalent41%
Government13.88%
Credit Quality
RatingValue
AAA100%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
6.84% Govt Stock 2022
Sovereign Bonds | -
4%₹87 Cr8,500,000
364 Dtb 16022023
Sovereign Bonds | -
2%₹49 Cr5,000,000
364 Dtb 02032023
Sovereign Bonds | -
2%₹49 Cr5,000,000
ICICI Bank Ltd.
Debentures | -
2%₹48 Cr1,000
↑ 1,000
Larsen And Toubro Limited
Debentures | -
1%₹36 Cr350
Housing Development Finance Corporation Ltd
Debentures | -
1%₹26 Cr250
Sikka Ports & Terminals Limited
Debentures | -
1%₹26 Cr250
Jamnagar Utilities & Power Private Limited
Debentures | -
1%₹25 Cr250
Power Finance Corporation Ltd.
Debentures | -
1%₹16 Cr160
Treps / Reverse Repo Investments / Corporate Debt Repo
CBLO/Reverse Repo | -
10%₹247 Cr

4. Principal Ultra Short Term Fund

(Erstwhile Principal Retail Money Manager Fund)

To generate steady return by investing in debt and money market securities. The portfolio will be predominantly invested in overnight repo, CBLO, floating rate instruments and other fixed income instruments.

Principal Ultra Short Term Fund is a Debt - Ultrashort Bond fund was launched on 28 Dec 07. It is a fund with Moderately Low risk and has given a CAGR/Annualized return of 5.7% since its launch.  Ranked 43 in Ultrashort Bond category.  Return for 2021 was 2.7% , 2020 was 4.1% and 2019 was 6.5% .

Below is the key information for Principal Ultra Short Term Fund

Principal Ultra Short Term Fund
Growth
Launch Date 28 Dec 07
NAV (23 Nov 22) ₹2,288.85 ↑ 0.36   (0.02 %)
Net Assets (Cr) ₹1,111 on 31 Oct 22
Category Debt - Ultrashort Bond
AMC Principal Pnb Asset Mgmt. Co. Priv. Ltd.
Rating
Risk Moderately Low
Expense Ratio 1.25
Sharpe Ratio -5.36
Information Ratio 0
Alpha Ratio 0
Min Investment 5,000
Min SIP Investment 2,000
Exit Load NIL
Yield to Maturity 6.93%
Effective Maturity 2 Months 30 Days
Modified Duration 2 Months 28 Days

Growth of 10,000 investment over the years.

DateValue
31 Oct 17₹10,000
31 Oct 18₹10,069
31 Oct 19₹10,792
31 Oct 20₹11,262
31 Oct 21₹11,559
31 Oct 22₹11,929

Principal 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 ₹191,330.
Net Profit of ₹11,330
Invest Now

Returns for Principal Ultra Short Term Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 23 Nov 22

DurationReturns
1 Month 0.5%
3 Month 1.1%
6 Month 2.1%
1 Year 3.3%
3 Year 3.4%
5 Year 3.6%
10 Year
15 Year
Since launch 5.7%
Historical performance (Yearly) on absolute basis
YearReturns
2021 2.7%
2020 4.1%
2019 6.5%
2018 1.2%
2017 6.3%
2016 7.9%
2015 8.8%
2014 9.4%
2013 9.8%
2012 10%
Fund Manager information for Principal Ultra Short Term Fund
NameSinceTenure
Dwijendra Srivastava16 May 220.46 Yr.
Sandeep Agarwal1 Jan 220.83 Yr.

Data below for Principal Ultra Short Term Fund as on 31 Oct 22

Asset Allocation
Asset ClassValue
Cash92.3%
Debt7.7%
Debt Sector Allocation
SectorValue
Cash Equivalent55.07%
Corporate33.36%
Government11.57%
Credit Quality
RatingValue
AAA100%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
LIC Housing Finance Limited
Debentures | -
5%₹50 Cr500
182 Dtb 01122022
Sovereign Bonds | -
2%₹25 Cr2,500,000
Citicorp Finance (India) Limited
Debentures | -
2%₹25 Cr250
364 Dtb 08122022
Sovereign Bonds | -
1%₹10 Cr1,000,000
LIC Housing Finance Limited
Debentures | -
1%₹10 Cr100
Power Grid Corporation Of India Limited
Debentures | -
1%₹7 Cr55
Treps
CBLO/Reverse Repo | -
25%₹274 Cr
Export-Import Bank Of India
Commercial Paper | -
5%₹49 Cr1,000
Punjab & Sind Bank
Certificate of Deposit | -
4%₹49 Cr1,000
Birla Group Holdings Private Limited
Commercial Paper | -
4%₹45 Cr900

5. 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 2021 was 4% , 2020 was 6.5% and 2019 was 8.4% .

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 (23 Nov 22) ₹23.0636 ↑ 0.00   (0.02 %)
Net Assets (Cr) ₹11,752 on 15 Nov 22
Category Debt - Ultrashort Bond
AMC ICICI Prudential Asset Management Company Limited
Rating
Risk Moderate
Expense Ratio 0.93
Sharpe Ratio -1.55
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 6.92%
Effective Maturity 4 Months 20 Days
Modified Duration 4 Months 2 Days

Growth of 10,000 investment over the years.

DateValue
31 Oct 17₹10,000
31 Oct 18₹10,646
31 Oct 19₹11,586
31 Oct 20₹12,400
31 Oct 21₹12,908
31 Oct 22₹13,432

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 23 Nov 22

DurationReturns
1 Month 0.6%
3 Month 1.3%
6 Month 2.6%
1 Year 4.2%
3 Year 5%
5 Year 6.1%
10 Year
15 Year
Since launch 7.5%
Historical performance (Yearly) on absolute basis
YearReturns
2021 4%
2020 6.5%
2019 8.4%
2018 7.5%
2017 6.9%
2016 9.8%
2015 9.1%
2014 14.8%
2013 3.1%
2012 9.4%
Fund Manager information for ICICI Prudential Ultra Short Term Fund
NameSinceTenure
Manish Banthia15 Nov 165.96 Yr.
Ritesh Lunawat15 Jun 175.38 Yr.

Data below for ICICI Prudential Ultra Short Term Fund as on 15 Nov 22

Asset Allocation
Asset ClassValue
Cash65.66%
Debt34.34%
Debt Sector Allocation
SectorValue
Cash Equivalent53.93%
Corporate30.47%
Government15.6%
Credit Quality
RatingValue
A0.98%
AA16.24%
AAA82.78%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
182 Dtb 24112022
Sovereign Bonds | -
7%₹894 Cr90,000,000
National Bank For Agriculture And Rural Development
Debentures | -
4%₹570 Cr5,750
182 Dtb 01122022
Sovereign Bonds | -
3%₹447 Cr45,000,000
National Bank For Agriculture And Rural Development
Debentures | -
3%₹426 Cr4,250
Housing Development Finance Corporation Ltd
Debentures | -
3%₹419 Cr4,200
182 Dtb 17112022
Sovereign Bonds | -
3%₹378 Cr38,000,000
Housing Development Finance Corporation Ltd
Debentures | -
2%₹307 Cr3,100
Housing Development Finance Corporation Ltd
Debentures | -
2%₹250 Cr2,500
Shriram Transport Finance Company Limited
Debentures | -
2%₹201 Cr2,000
Axis Bank Ltd.
Debentures | -
1%₹186 Cr4,000
↑ 4,000

Conclusion

To conclude, it can be said that both ultra short term funds and liquid funds have their own set of characteristics. However, people while choosing any scheme should check and ensure whether the scheme is in-line with their determined objective. They should also check the modalities of the scheme completely. Moreover, they may even consult a financial advisor if required to ensure that their investment helps them to attain their desired objectives.

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.
How helpful was this page ?
Rated 4.4, based on 31 reviews.
POST A COMMENT

Harsh, posted on 3 Dec 18 1:27 AM

Great alternative for FD - Fixed Deposit Investment. Nice article explains each fund very well.

1 - 1 of 1