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

Ultra Short Term Funds Vs Liquid Funds

Updated on September 23, 2020 , 13495 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.

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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 20 - 21

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 (%)2019 (%)Debt Yield (YTM)Mod. DurationEff. Maturity
IDBI Liquid Fund Growth ₹2,159.72
↑ 0.20
₹1,8200.30.92.65.26.63.47%20D20D
Mahindra Liquid Fund Growth ₹1,307.72
↑ 0.12
₹2,1380.30.82.54.96.73.4%1M 2D1M 4D
Tata Liquid Fund Growth ₹3,174.43
↑ 0.31
₹18,9340.30.82.64.96.63.36%1M 10D1M 10D
Aditya Birla Sun Life Liquid Fund Growth ₹324.135
↑ 0.03
₹39,8100.30.82.54.96.73.5%1M 13D1M 13D
Nippon India Liquid Fund  Growth ₹4,919.2
↑ 0.46
₹26,9000.30.82.54.96.73.31%1M 10D1M 12D
Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 26 Sep 20

Best Ultra Short Term Funds

FundNAVNet Assets (Cr)3 MO (%)6 MO (%)1 YR (%)3 YR (%)2019 (%)Debt Yield (YTM)Mod. DurationEff. Maturity
Aditya Birla Sun Life Savings Fund Growth ₹413.338
↑ 0.05
₹16,2181.65.57.67.78.54.52%6M6M 18D
ICICI Prudential Ultra Short Term Fund Growth ₹21.0651
↑ 0.00
₹6,9401.74.87.47.48.45.42%3M 18D4M 20D
SBI Magnum Ultra Short Duration Fund Growth ₹4,589.95
↑ 0.37
₹12,6351.14.56.77.584.08%5M 1D5M 12D
Kotak Savings Fund Growth ₹33.1166
↑ 0.00
₹11,1761.14.46.67.17.84.01%5M 12D5M 23D
UTI Ultra Short Term Fund Growth ₹3,192.8
↑ 0.29
₹1,5391.13.86.15.23.35.33%3M 24D3M 26D
Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 25 Sep 20

*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. Franklin India Ultra Short Bond Fund - Super Institutional Plan

To provide a combination of regular income and high liquidity by investing primarily in a mix of short term debt and money market instruments.

Franklin India Ultra Short Bond Fund - Super Institutional Plan is a Debt - Ultrashort Bond fund was launched on 18 Dec 07. It is a fund with Moderate risk and has given a CAGR/Annualized return of 8.6% since its launch.  Return for 2019 was 9.6% , 2018 was 8.7% and 2017 was 8.2% .

Below is the key information for Franklin India Ultra Short Bond Fund - Super Institutional Plan

Franklin India Ultra Short Bond Fund - Super Institutional Plan
Growth
Launch Date 18 Dec 07
NAV (25 Sep 20) ₹28.6531 ↑ 0.01   (0.02 %)
Net Assets (Cr) ₹9,931 on 31 Aug 20
Category Debt - Ultrashort Bond
AMC Franklin Templeton Asst Mgmt(IND)Pvt Ltd
Rating
Risk Moderate
Expense Ratio 0.52
Sharpe Ratio -0.07
Information Ratio 0
Alpha Ratio 0
Min Investment 10,000
Min SIP Investment 500
Exit Load NIL
Yield to Maturity 8.24%
Effective Maturity 11 Months 7 Days
Modified Duration 3 Months 4 Days

Growth of 10,000 investment over the years.

DateValue
31 Aug 15₹10,000
31 Aug 16₹10,970
31 Aug 17₹11,975
31 Aug 18₹12,884
31 Aug 19₹14,146
31 Aug 20₹14,792

Franklin India Ultra Short Bond Fund - Super Institutional Plan SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual Returns:
%
Total investment amount is ₹180,000
expected amount after 3 Years is ₹206,148.
Net Profit of ₹26,148
Invest Now

Purchase not allowed

Returns for Franklin India Ultra Short Bond Fund - Super Institutional Plan

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 25 Sep 20

DurationReturns
1 Month 0.6%
3 Month 2.3%
6 Month 5.4%
1 Year 4.5%
3 Year 7.3%
5 Year 8.1%
10 Year
15 Year
Since launch 8.6%
Historical performance (Yearly) on absolute basis
YearReturns
2019 9.6%
2018 8.7%
2017 8.2%
2016 9.7%
2015 9.7%
2014 10%
2013 10%
2012 10.3%
2011 9.4%
2010 5.9%
Fund Manager information for Franklin India Ultra Short Bond Fund - Super Institutional Plan
NameSinceTenure
Santosh Kamath25 Oct 181.85 Yr.
Pallab Roy1 Jun 0812.26 Yr.

Data below for Franklin India Ultra Short Bond Fund - Super Institutional Plan as on 31 Aug 20

Asset Allocation
Asset ClassValue
Cash4.81%
Debt63.04%
Other32.15%
Debt Sector Allocation
SectorValue
Corporate63.04%
Cash Equivalent4.81%
Credit Quality
RatingValue
A40.85%
AA59.12%
AAA0.03%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
JM Financial Credit Solutions Limited
Debentures | -
5%₹542 Cr5,400
↑ 5,400
Indostar Capital Finance Limited
Debentures | -
4%₹435 Cr4,400
Indostar Capital Finance Limited
Debentures | -
4%₹390 Cr3,900
↑ 3,900
Edelweiss Commodities Services Limited
Debentures | -
4%₹370 Cr7,500
↑ 7,500
Edelweiss Commodities Services Limited
Debentures | -
4%₹364 Cr3,650
↑ 3,650
Bharti Telecom Limited
Debentures | -
3%₹301 Cr2,400
Renew Power Ventures Private Limited
Debentures | -
3%₹288 Cr2,890
Piramal Enterprises Limited
Debentures | -
3%₹255 Cr2,550
Clix Capital Services Private Limited
Debentures | -
2%₹234 Cr2,350
↑ 2,350
Tata Realty and Infrastructure Limited
Debentures | -
2%₹227 Cr2,000
↑ 2,000

2. 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 8.2% since its launch.  Ranked 27 in Ultrashort Bond category.  Return for 2019 was 8.4% , 2018 was 7.5% and 2017 was 6.9% .

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 (25 Sep 20) ₹21.0651 ↑ 0.00   (0.01 %)
Net Assets (Cr) ₹6,940 on 31 Aug 20
Category Debt - Ultrashort Bond
AMC ICICI Prudential Asset Management Company Limited
Rating
Risk Moderate
Expense Ratio 1.09
Sharpe Ratio 2.41
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 5.42%
Effective Maturity 4 Months 20 Days
Modified Duration 3 Months 18 Days

Growth of 10,000 investment over the years.

DateValue
31 Aug 15₹10,000
31 Aug 16₹10,947
31 Aug 17₹11,866
31 Aug 18₹12,618
31 Aug 19₹13,696
31 Aug 20₹14,717

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 ₹206,148.
Net Profit of ₹26,148
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 25 Sep 20

DurationReturns
1 Month 0.5%
3 Month 1.7%
6 Month 4.8%
1 Year 7.4%
3 Year 7.4%
5 Year 8%
10 Year
15 Year
Since launch 8.2%
Historical performance (Yearly) on absolute basis
YearReturns
2019 8.4%
2018 7.5%
2017 6.9%
2016 9.8%
2015 9.1%
2014 14.8%
2013 3.1%
2012 9.4%
2011
2010
Fund Manager information for ICICI Prudential Ultra Short Term Fund
NameSinceTenure
Manish Banthia15 Nov 163.79 Yr.
Ritesh Lunawat15 Jun 173.21 Yr.

Data below for ICICI Prudential Ultra Short Term Fund as on 31 Aug 20

Asset Allocation
Asset ClassValue
Cash57.63%
Debt42.37%
Debt Sector Allocation
SectorValue
Corporate59.93%
Cash Equivalent39.12%
Government0.51%
Securitized0.44%
Credit Quality
RatingValue
A4.38%
AA31.63%
AAA63.99%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
Manappuram Finance Limited
Debentures | -
3%₹205 Cr2,000
↑ 2,000
JSW Energy Limited
Debentures | -
3%₹200 Cr2,000
Rural Electrification Corporation Limited
Debentures | -
3%₹175 Cr1,750
Housing Development Finance Corporation Limited
Debentures | -
2%₹152 Cr1,500
↑ 250
Tata Value Homes Limited
Debentures | -
2%₹152 Cr1,500
Aspire Home Finance Corporation Limited
Debentures | -
2%₹151 Cr1,500
Reliance Industries Limited
Debentures | -
2%₹141 Cr1,400
Bharti Telecom Limited
Debentures | -
2%₹127 Cr1,250
Bahadur Chand Investments Private Limited
Debentures | -
2%₹126 Cr1,250
RELIABLE DEVICES TRUST
Unlisted bonds | -
2%₹116 Cr986

3. UTI Ultra Short Term Fund

(Erstwhile UTI - Floating Rate Fund - Short Term Plan)

To generate regular income through investment in a portfolio comprising substantially of floating rate debt / money market instruments, fixed rate debt / money market instruments swapped for floating rate returns. The Scheme may also invest a portion of its net assets in fixed rate debt securities and money market instruments .However there can be no assurance that the investment objective of the Scheme will be achieved. The Scheme does not guarantee / indicate any returns.

UTI Ultra Short Term Fund is a Debt - Ultrashort Bond fund was launched on 29 Aug 03. It is a fund with Moderately Low risk and has given a CAGR/Annualized return of 7% since its launch.  Ranked 27 in Ultrashort Bond category.  Return for 2019 was 3.3% , 2018 was 7% and 2017 was 6.6% .

Below is the key information for UTI Ultra Short Term Fund

UTI Ultra Short Term Fund
Growth
Launch Date 29 Aug 03
NAV (25 Sep 20) ₹3,192.8 ↑ 0.29   (0.01 %)
Net Assets (Cr) ₹1,539 on 31 Aug 20
Category Debt - Ultrashort Bond
AMC UTI Asset Management Company Ltd
Rating
Risk Moderately Low
Expense Ratio 0.99
Sharpe Ratio 1.87
Information Ratio 0
Alpha Ratio 0
Min Investment 5,000
Min SIP Investment 2,500
Exit Load NIL
Yield to Maturity 5.33%
Effective Maturity 3 Months 26 Days
Modified Duration 3 Months 24 Days

Growth of 10,000 investment over the years.

DateValue
31 Aug 15₹10,000
31 Aug 16₹10,876
31 Aug 17₹11,702
31 Aug 18₹12,442
31 Aug 19₹12,817
31 Aug 20₹13,642

UTI Ultra Short Term Fund SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual Returns:
%
Total investment amount is ₹180,000
expected amount after 3 Years is ₹200,132.
Net Profit of ₹20,132
Invest Now

Returns for UTI Ultra Short Term Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 25 Sep 20

DurationReturns
1 Month 0.3%
3 Month 1.1%
6 Month 3.8%
1 Year 6.1%
3 Year 5.2%
5 Year 6.4%
10 Year
15 Year
Since launch 7%
Historical performance (Yearly) on absolute basis
YearReturns
2019 3.3%
2018 7%
2017 6.6%
2016 8.9%
2015 8.5%
2014 8.8%
2013 9.8%
2012 9%
2011 8.2%
2010 5.4%
Fund Manager information for UTI Ultra Short Term Fund
NameSinceTenure
Sudhir Agarwal1 Jul 155.17 Yr.
Ritesh Nambiar1 Jul 155.17 Yr.

Data below for UTI Ultra Short Term Fund as on 31 Aug 20

Asset Allocation
Asset ClassValue
Cash68.18%
Debt31.82%
Debt Sector Allocation
SectorValue
Cash Equivalent47.26%
Corporate43.54%
Government9.2%
Credit Quality
RatingValue
A13.58%
AA1.29%
AAA85.14%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
Edelweiss Commodities Services Limited
Debentures | -
8%₹120 Cr1,250
Avanse Financial Services Limited
Debentures | -
4%₹65 Cr650
8.12% Govt Stock 2020
Sovereign Bonds | -
4%₹56 Cr550,000,000
91 DTB 22102020
Sovereign Bonds | -
4%₹55 Cr550,000,000
↑ 550,000,000
Tata Capital Housing Finance Limited
Debentures | -
3%₹51 Cr500
06.99% AP SDL 2020
Sovereign Bonds | -
3%₹50 Cr500,000,000
182 DTB 03092020
Sovereign Bonds | -
3%₹50 Cr500,000,000
Mahindra & Mahindra Financial Services Limited
Debentures | -
3%₹49 Cr500
↑ 500
6.17% Govt Stock 2021
Sovereign Bonds | -
2%₹36 Cr350,000,000
↑ 350,000,000
HDB Financial Services Limited
Debentures | -
2%₹31 Cr250

4. Aditya Birla Sun Life Savings Fund

The primary objective of the schemes is to generate regular income through investments in debt and money market instruments. Income maybe generated through the receipt of coupon payments or the purchase and sale of securities in the underlying portfolio. The schemes will under normal market conditions, invest its net assets in fixed income securities, money market instruments, cash and cash equivalents.

Aditya Birla Sun Life Savings Fund is a Debt - Ultrashort Bond fund was launched on 16 Apr 03. It is a fund with Moderately Low risk and has given a CAGR/Annualized return of 7.8% since its launch.  Ranked 6 in Ultrashort Bond category.  Return for 2019 was 8.5% , 2018 was 7.6% and 2017 was 7.2% .

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

Aditya Birla Sun Life Savings Fund
Growth
Launch Date 16 Apr 03
NAV (25 Sep 20) ₹413.338 ↑ 0.05   (0.01 %)
Net Assets (Cr) ₹16,218 on 31 Aug 20
Category Debt - Ultrashort Bond
AMC Birla Sun Life Asset Management Co Ltd
Rating
Risk Moderately Low
Expense Ratio 0.35
Sharpe Ratio 2.52
Information Ratio 0
Alpha Ratio 0
Min Investment 1,000
Min SIP Investment 1,000
Exit Load NIL
Yield to Maturity 4.52%
Effective Maturity 6 Months 18 Days
Modified Duration 6 Months

Growth of 10,000 investment over the years.

DateValue
31 Aug 15₹10,000
31 Aug 16₹10,922
31 Aug 17₹11,812
31 Aug 18₹12,580
31 Aug 19₹13,709
31 Aug 20₹14,759

Aditya Birla Sun Life Savings Fund SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual Returns:
%
Total investment amount is ₹180,000
expected amount after 3 Years is ₹206,148.
Net Profit of ₹26,148
Invest Now

Returns for Aditya Birla Sun Life Savings Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 25 Sep 20

DurationReturns
1 Month 0.4%
3 Month 1.6%
6 Month 5.5%
1 Year 7.6%
3 Year 7.7%
5 Year 8.1%
10 Year
15 Year
Since launch 7.8%
Historical performance (Yearly) on absolute basis
YearReturns
2019 8.5%
2018 7.6%
2017 7.2%
2016 9.2%
2015 8.9%
2014 9.7%
2013 9.5%
2012 9.7%
2011 9.2%
2010 5.8%
Fund Manager information for Aditya Birla Sun Life Savings Fund
NameSinceTenure
Sunaina Cunha11 Oct 145.89 Yr.
Kaustubh Gupta15 Jul 119.14 Yr.

Data below for Aditya Birla Sun Life Savings Fund as on 31 Aug 20

Asset Allocation
Asset ClassValue
Cash47.34%
Debt52.66%
Debt Sector Allocation
SectorValue
Corporate54.18%
Cash Equivalent29.62%
Government15.41%
Securitized0.79%
Credit Quality
RatingValue
AA9.71%
AAA90.29%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
Mahindra & Mahindra Financial Services Limited
Debentures | -
3%₹454 Cr4,450
↑ 4,450
8.12% Govt Stock 2020
Sovereign Bonds | -
2%₹405 Cr40,000,000
↑ 40,000,000
Shriram Transport Finance Company Limited
Debentures | -
2%₹366 Cr3,750
REC Limited
Debentures | -
2%₹330 Cr3,200
↑ 3,200
Housing Development Finance Corporation Limited
Debentures | -
2%₹297 Cr2,925
↑ 250
Rural Electrification Corporation Limited
Debentures | -
2%₹270 Cr2,650
6.81% MH SDL 2020
Sovereign Bonds | -
2%₹262 Cr26,000,000
Muthoot Finance Limited
Debentures | -
1%₹242 Cr2,350
Reliance Industries Limited
Debentures | -
1%₹234 Cr2,315
Rural Electrification Corporation Limited
Debentures | -
1%₹231 Cr2,250

5. 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 7.4% since its launch.  Return for 2019 was 8% , 2018 was 7.9% and 2017 was 6.6% .

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 (25 Sep 20) ₹4,589.95 ↑ 0.37   (0.01 %)
Net Assets (Cr) ₹12,635 on 31 Aug 20
Category Debt - Ultrashort Bond
AMC SBI Funds Management Private Limited
Rating
Risk Low
Expense Ratio 0.28
Sharpe Ratio 2.96
Information Ratio 0
Alpha Ratio 0
Min Investment 5,000
Min SIP Investment 500
Exit Load NIL
Yield to Maturity 4.08%
Effective Maturity 5 Months 12 Days
Modified Duration 5 Months 1 Day

Growth of 10,000 investment over the years.

DateValue
31 Aug 15₹10,000
31 Aug 16₹10,796
31 Aug 17₹11,526
31 Aug 18₹12,358
31 Aug 19₹13,411
31 Aug 20₹14,324

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 ₹203,125.
Net Profit of ₹23,125
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 25 Sep 20

DurationReturns
1 Month 0.3%
3 Month 1.1%
6 Month 4.5%
1 Year 6.7%
3 Year 7.5%
5 Year 7.4%
10 Year
15 Year
Since launch 7.4%
Historical performance (Yearly) on absolute basis
YearReturns
2019 8%
2018 7.9%
2017 6.6%
2016 7.7%
2015 8.3%
2014 9%
2013 9.3%
2012 9.3%
2011 8.7%
2010 5.4%
Fund Manager information for SBI Magnum Ultra Short Duration Fund
NameSinceTenure
Rajeev Radhakrishnan1 May 1010.34 Yr.

Data below for SBI Magnum Ultra Short Duration Fund as on 31 Aug 20

Asset Allocation
Asset ClassValue
Cash67.81%
Debt32.19%
Debt Sector Allocation
SectorValue
Corporate44.99%
Cash Equivalent38.89%
Government15.32%
Securitized0.8%
Credit Quality
RatingValue
AA4.17%
AAA95.83%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
91 DTB 24092020
Sovereign Bonds | -
8%₹998 Cr100,000,000
182 DTB 29092020
Sovereign Bonds | -
6%₹798 Cr80,000,000
Rural Electrification Corporation Limited
Debentures | -
5%₹689 Cr6,750
↓ -500
364 DTB 29072021
Sovereign Bonds | -
4%₹484 Cr50,000,000
Housing Development Finance Corporation Limited
Debentures | -
3%₹380 Cr3,750
Mahindra & Mahindra Financial Services Limited
Debentures | -
3%₹371 Cr3,000
↑ 3,000
182 DTB 04022021
Sovereign Bonds | -
3%₹345 Cr35,000,000
↑ 35,000,000
Housing Development Finance Corporation Limited
Debentures | -
2%₹231 Cr2,250
↑ 1,250
Muthoot Finance Limited
Debentures | -
2%₹216 Cr2,130,000
↑ 800,000
Power Finance Corporation Limited
Debentures | -
1%₹175 Cr1,750
↑ 1,750

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.
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Harsh, posted on 3 Dec 18 1:27 AM

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

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