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 January 23, 2020 , 4982 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 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 (%)2018 (%)Debt Yield (YTM)Mod. DurationEff. Maturity
PGIM India Insta Cash Fund Growth ₹254.466
↑ 0.04
₹5030.41.32.86.66.75.35%1M 2D1M 2D
JM Liquid Fund Growth ₹53.4973
↑ 0.01
₹1,8410.41.32.76.46.65.14%24D24D
Indiabulls Liquid Fund Growth ₹1,906.11
↑ 0.27
₹6110.41.32.86.46.65.42%1M 20D1M 20D
Principal Cash Management Fund Growth ₹1,733.25
↑ 0.24
₹2130.41.22.766.25.03%18D19D
Nippon India Liquid Fund  Growth ₹4,772.81
↑ 0.66
₹24,2350.41.32.86.56.75.38%1M 12D1M 15D
Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 24 Jan 20

Best Ultra Short Term Funds

FundNAVNet Assets (Cr)3 MO (%)6 MO (%)1 YR (%)3 YR (%)2018 (%)Debt Yield (YTM)Mod. DurationEff. Maturity
Aditya Birla Sun Life Savings Fund Growth ₹393.497
↑ 0.11
₹15,8471.63.88.37.68.56.31%5M 16D6M 7D
Franklin India Ultra Short Bond Fund - Super Institutional Plan Growth ₹27.0286
↑ 0.01
₹16,894-2.204.77.29.610.37%5M 19D7M 2D
Indiabulls Ultra Short Term Fund Growth ₹1,915.65
↑ 0.39
₹361.43.17.37.17.65.51%5M 19D
BOI AXA Ultra Short Duration Fund Growth ₹2,393.66
↑ 0.45
₹2931.43.37.37.67.55.73%4M 24D5M 9D
UTI Ultra Short Term Fund Growth ₹3,084.54
↑ 0.53
₹2,2761.63.53.25.63.37.48%3M 7D4M 13D
Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 24 Jan 20

*Below is the detailed list of Liquid / Ultrashort funds having Net Assets more than 500 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 (24 Jan 20) ₹27.0286 ↑ 0.01   (0.05 %)
Net Assets (Cr) ₹16,894 on 31 Dec 19
Category Debt - Ultrashort Bond
AMC Franklin Templeton Asst Mgmt(IND)Pvt Ltd
Rating
Risk Moderate
Expense Ratio 0.42
Sharpe Ratio 12.5
Information Ratio 0
Alpha Ratio 0
Min Investment 10,000
Min SIP Investment 500
Exit Load NIL
Yield to Maturity 10.37%
Effective Maturity 7 Months 2 Days
Modified Duration 5 Months 19 Days

Growth of 10,000 investment over the years.

DateValue
31 Dec 14₹10,000
31 Dec 15₹10,974
31 Dec 16₹12,036
31 Dec 17₹13,025
31 Dec 18₹14,162
31 Dec 19₹15,515

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

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 24 Jan 20

DurationReturns
1 Month -3.6%
3 Month -2.2%
6 Month 0%
1 Year 4.7%
3 Year 7.2%
5 Year 8.2%
10 Year
15 Year
Since launch 8.6%
Historical performance (Yearly) on absolute basis
YearReturns
2018 9.6%
2017 8.7%
2016 8.2%
2015 9.7%
2014 9.7%
2013 10%
2012 10%
2011 10.3%
2010 9.4%
2009 5.9%
Fund Manager information for Franklin India Ultra Short Bond Fund - Super Institutional Plan
NameSinceTenure
Santosh Kamath25 Oct 181.1 Yr.
Pallab Roy1 Jun 0811.5 Yr.

Data below for Franklin India Ultra Short Bond Fund - Super Institutional Plan as on 31 Dec 19

Asset Allocation
Asset ClassValue
Cash10.07%
Debt82.83%
Other7.1%
Debt Sector Allocation
SectorValue
Corporate84.76%
Cash Equivalent6.71%
Government1.44%
Credit Quality
RatingValue
A27.93%
AA61.79%
AAA5.75%
BBB4.54%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
Call, Cash & Other Assets
Receivables | -
7%₹1,198 Cr
Vedanta Limited
Debentures | -
5%₹795 Cr7,900
Vodafone Mobile Services Limited
Debentures | -
4%₹711 Cr7,990
Renew Power Ventures Private Limited
Debentures | -
4%₹674 Cr6,740
Bharti Airtel Limited
Debentures | -
3%₹546 Cr5,500
JM FINANCIAL CREDIT SOLUTIONS LIMITED
Debentures | -
3%₹541 Cr5,400
Indostar Capital Finance Limited
Debentures | -
3%₹440 Cr4,400
Bharti Airtel Limited
Debentures | -
2%₹399 Cr4,000
INDOSTAR CAPITAL FINANCE LIMITED
Debentures | -
2%₹391 Cr3,900
↑ 3,900
NIRCHEM Cement Limited
Debentures | -
2%₹378 Cr3,750

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 2019 was 0.9% , 2018 was 7.3% and 2017 was 5.8% .

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 (24 Jan 20) ₹2,888.36 ↑ 0.82   (0.03 %)
Net Assets (Cr) ₹1,980 on 31 Dec 19
Category Debt - Ultrashort Bond
AMC Nippon Life Asset Management Ltd.
Rating
Risk Low
Expense Ratio 1.09
Sharpe Ratio -0.46
Information Ratio 0
Alpha Ratio 0
Min Investment 100
Min SIP Investment 100
Exit Load NIL
Yield to Maturity 8.31%
Effective Maturity 8 Months 21 Days
Modified Duration 4 Months 14 Days

Growth of 10,000 investment over the years.

DateValue
31 Dec 14₹10,000
31 Dec 15₹10,764
31 Dec 16₹11,497
31 Dec 17₹12,165
31 Dec 18₹13,056
31 Dec 19₹13,170

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 24 Jan 20

DurationReturns
1 Month 0.7%
3 Month 2%
6 Month -0.7%
1 Year 0.8%
3 Year 4.7%
5 Year 5.7%
10 Year
15 Year
Since launch 6%
Historical performance (Yearly) on absolute basis
YearReturns
2018 0.9%
2017 7.3%
2016 5.8%
2015 6.8%
2014 7.6%
2013 8.4%
2012 8.5%
2011 9.2%
2010 9%
2009 4.5%
Fund Manager information for Nippon India Ultra Short Duration Fund
NameSinceTenure
Anju Chhajer1 Oct 136.25 Yr.
Vivek Sharma1 Oct 136.25 Yr.
Kinjal Desai25 May 181.6 Yr.

Data below for Nippon India Ultra Short Duration Fund as on 31 Dec 19

Asset Allocation
Asset ClassValue
Cash29.21%
Debt70.78%
Other0.01%
Debt Sector Allocation
SectorValue
Corporate86.23%
Cash Equivalent13.76%
Credit Quality
RatingValue
A11.34%
AA58.61%
AAA27.34%
BBB1.91%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
Indian Hospitals Corporation Limited
Debentures | -
10%₹205 Cr1,828
Piramal Enterprises Limited
Debentures | -
8%₹170 Cr1,730
Durg Shivnath Expressways Private Limited
Debentures | -
7%₹151 Cr1,500
Triparty Repo
CBLO/Reverse Repo | -
7%₹135 Cr
AXIS BANK LIMITED
Certificate of Deposit | -
6%₹125 Cr12,500
U.P. Power Corporation Limited
Debentures | -
6%₹115 Cr1,150
↑ 1,150
Panchshil Corporate Park Private Limited
Debentures | -
5%₹110 Cr110
Northern Arc Capital Limited
Debentures | -
5%₹101 Cr1,000
Vedanta Limited
Commercial Paper | -
5%₹99 Cr2,000
INOX Wind Infrastructure Services Limited
Debentures | -
5%₹91 Cr2,739

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 8.4% 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 (24 Jan 20) ₹20.15 ↑ 0.01   (0.06 %)
Net Assets (Cr) ₹7,136 on 31 Dec 19
Category Debt - Ultrashort Bond
AMC ICICI Prudential Asset Management Company Limited
Rating
Risk Moderate
Expense Ratio 1.09
Sharpe Ratio 10.24
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 7.64%
Effective Maturity 5 Months 19 Days
Modified Duration 4 Months 28 Days

Growth of 10,000 investment over the years.

DateValue
31 Dec 14₹10,000
31 Dec 15₹10,912
31 Dec 16₹11,984
31 Dec 17₹12,815
31 Dec 18₹13,775
31 Dec 19₹14,936

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 24 Jan 20

DurationReturns
1 Month 0.6%
3 Month 1.9%
6 Month 4%
1 Year 8.4%
3 Year 7.5%
5 Year 8.3%
10 Year
15 Year
Since launch 8.4%
Historical performance (Yearly) on absolute basis
YearReturns
2018 8.4%
2017 7.5%
2016 6.9%
2015 9.8%
2014 9.1%
2013 14.8%
2012 3.1%
2011 9.4%
2010
2009
Fund Manager information for ICICI Prudential Ultra Short Term Fund
NameSinceTenure
Manish Banthia15 Nov 163.04 Yr.
Ritesh Lunawat15 Jun 172.46 Yr.

Data below for ICICI Prudential Ultra Short Term Fund as on 31 Dec 19

Asset Allocation
Asset ClassValue
Cash40.89%
Debt59.11%
Debt Sector Allocation
SectorValue
Corporate70.8%
Cash Equivalent26.29%
Government2.91%
Credit Quality
RatingValue
A5.79%
AA55.56%
AAA38.65%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
National Bank For Agriculture And Rural Development
Debentures | -
4%₹266 Cr2,650
Treps
CBLO/Reverse Repo | -
3%₹209 Cr
NIRCHEM Cement Limited
Debentures | -
3%₹208 Cr2,060
MANAPPURAM FINANCE LIMITED
Debentures | -
3%₹201 Cr2,000
JSW Energy Limited
Debentures | -
3%₹200 Cr2,000
↑ 2,000
NABHA POWER LIMITED
Debentures | -
2%₹166 Cr1,650
JSW Steel Limited
Debentures | -
2%₹160 Cr1,595
Ashoka Buildcon Ltd.
Debentures | -
2%₹151 Cr1,500
Tata Value Homes Limited
Debentures | -
2%₹150 Cr1,500
Bahadur Chand Investments Private Limited
Debentures | -
2%₹150 Cr1,500

4. 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 7.1% 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 (24 Jan 20) ₹3,084.54 ↑ 0.53   (0.02 %)
Net Assets (Cr) ₹2,276 on 31 Dec 19
Category Debt - Ultrashort Bond
AMC UTI Asset Management Company Ltd
Rating
Risk Moderately Low
Expense Ratio 0.99
Sharpe Ratio 0
Information Ratio 0
Alpha Ratio 0
Min Investment 5,000
Min SIP Investment 2,500
Exit Load NIL
Yield to Maturity 7.48%
Effective Maturity 4 Months 13 Days
Modified Duration 3 Months 7 Days

Growth of 10,000 investment over the years.

DateValue
31 Dec 14₹10,000
31 Dec 15₹10,851
31 Dec 16₹11,813
31 Dec 17₹12,598
31 Dec 18₹13,482
31 Dec 19₹13,923

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 24 Jan 20

DurationReturns
1 Month 0.5%
3 Month 1.6%
6 Month 3.5%
1 Year 3.2%
3 Year 5.6%
5 Year 6.8%
10 Year
15 Year
Since launch 7.1%
Historical performance (Yearly) on absolute basis
YearReturns
2018 3.3%
2017 7%
2016 6.6%
2015 8.9%
2014 8.5%
2013 8.8%
2012 9.8%
2011 9%
2010 8.2%
2009 5.4%
Fund Manager information for UTI Ultra Short Term Fund
NameSinceTenure
Sudhir Agarwal1 Jul 154.42 Yr.
Ritesh Nambiar1 Jul 154.42 Yr.

Data below for UTI Ultra Short Term Fund as on 31 Dec 19

Asset Allocation
Asset ClassValue
Cash81.54%
Debt18.46%
Debt Sector Allocation
SectorValue
Cash Equivalent48.18%
Corporate41.69%
Government10.13%
Credit Quality
RatingValue
A13.14%
AA17.89%
AAA68.97%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
Net Current Assets
Net Current Assets | -
27%₹647 Cr00
Avanse Financial Services Limited
Debentures | -
10%₹232 Cr2,350
Edelweiss Commodities Services Limited
Debentures | -
8%₹198 Cr2,000
HOUSING DEVELOPMENT FINANCE CORPORATION LIMITED
Commercial Paper | -
8%₹193 Cr2,000,000,000
Andhra Bank
Certificate of Deposit | -
5%₹123 Cr1,250,000,000
AXIS BANK LIMITED
Certificate of Deposit | -
4%₹100 Cr1,000,000,000
NATIONAL BANK FOR AGRICULTURE AND RURAL DEVELOPMENT
Certificate of Deposit | -
4%₹99 Cr1,000,000,000
↓ -250,000,000
IndusInd Bank Limited
Certificate of Deposit | -
4%₹99 Cr1,000,000,000
SMALL INDUSTRIES DEVELOPMENT BANK OF INDIA
Certificate of Deposit | -
3%₹75 Cr750,000,000
National Bank For Agriculture And Rural Development
Commercial Paper | -
3%₹74 Cr750,000,000

5. 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 (24 Jan 20) ₹393.497 ↑ 0.11   (0.03 %)
Net Assets (Cr) ₹15,847 on 31 Dec 19
Category Debt - Ultrashort Bond
AMC Birla Sun Life Asset Management Co Ltd
Rating
Risk Moderately Low
Expense Ratio 0.35
Sharpe Ratio 9.33
Information Ratio 0
Alpha Ratio 0
Min Investment 1,000
Min SIP Investment 1,000
Exit Load NIL
Yield to Maturity 6.31%
Effective Maturity 6 Months 7 Days
Modified Duration 5 Months 16 Days

Growth of 10,000 investment over the years.

DateValue
31 Dec 14₹10,000
31 Dec 15₹10,889
31 Dec 16₹11,895
31 Dec 17₹12,751
31 Dec 18₹13,724
31 Dec 19₹14,885

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 24 Jan 20

DurationReturns
1 Month 0.6%
3 Month 1.6%
6 Month 3.8%
1 Year 8.3%
3 Year 7.6%
5 Year 8.3%
10 Year
15 Year
Since launch 7.8%
Historical performance (Yearly) on absolute basis
YearReturns
2018 8.5%
2017 7.6%
2016 7.2%
2015 9.2%
2014 8.9%
2013 9.7%
2012 9.5%
2011 9.7%
2010 9.2%
2009 5.8%
Fund Manager information for Aditya Birla Sun Life Savings Fund
NameSinceTenure
Sunaina Cunha11 Oct 144.98 Yr.
Kaustubh Gupta15 Jul 118.22 Yr.

Data below for Aditya Birla Sun Life Savings Fund as on 31 Dec 19

Asset Allocation
Asset ClassValue
Cash53.03%
Debt46.97%
Debt Sector Allocation
SectorValue
Corporate54.16%
Cash Equivalent25.93%
Government19.16%
Securitized0.76%
Credit Quality
RatingValue
AA11.55%
AAA88.45%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
IndusInd Bank Limited
Certificate of Deposit | -
4%₹639 Cr65,000
↑ 65,000
8.39% RJ SDL Spl 2020
Domestic Bonds | -
3%₹553 Cr54,845,000
↑ 48,345,000
Steel Authority Of India Limited
Commercial Paper | -
3%₹495 Cr10,000
↑ 10,000
Power Finance Corporation Ltd.
Debentures | -
3%₹469 Cr4,650
IndusInd Bank Limited
Certificate of Deposit | -
3%₹439 Cr45,000
↑ 45,000
Net Receivables / (Payables)
Net Current Assets | -
3%₹435 Cr
Rural Electrification Corporation Limited
Debentures | -
3%₹429 Cr4,263
Bharti Telecom Limited
Debentures | -
3%₹404 Cr3,500
Reliance Jio Infocomm Limited
Commercial Paper | -
2%₹397 Cr8,000
↑ 8,000
National Bank For Agriculture And Rural Development
Debentures | -
2%₹387 Cr3,850
↓ -1,500

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 30 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