Table of Contents
- Recurring Deposit (RD)
- Features of RD Account
- RD Interest Rates
- RD Calculator
- RD Interest Calculator
- Conclusion
- Similar Alternatives
Top 10 Funds
- Nippon India Ultra Short Duration Fund
- Aditya Birla Sun Life Savings Fund
- ICICI Prudential Ultra Short Term Fund
- UTI Ultra Short Term Fund
- DSP BlackRock Money Manager Fund
- BOI AXA Ultra Short Duration Fund
- Essel Liquid Fund
- SBI Magnum Ultra Short Duration Fund
- Canara Robeco Ultra Short Term Fund
- Invesco India Ultra Short Term Fund
What is a Recurring Deposit (RD)?
If you know how a Systematic Investment plan (SIP) of Mutual Funds works, then you will easily understand Recurring Deposits! In a Recurring Deposit (RD) a fixed instalment is made every month and interest is paid by the Bank on this amount. Let us understand more about RD account, RD Interest Rates, RD Calculator, RD interest calculator, etc.
Recurring Deposit (RD)
A recurring deposit is an investment cum savings option for those who want to save regularly over a certain period of time and earn a higher interest rate. Every month, a fixed amount of money is deducted either from a Savings Account or a current account. At the end of the maturity period, investors are paid back their invested funds with accrued interest.
At a public sector bank, an RD account can be opened with a minimum amount of as less as INR 100. While, at private sector banks the minimum amount to be deposited is INR 500 to INR 1000, whereas in a Post Office one can open an account at just INR 10. Some banks have an upper limit of INR 15 lakh, while others don’t have any such upper limit. The tenure for Recurring Deposit is a minimum of three months and maximum of 10 years.
Features of RD Account
- It inculcates a habit of savings amongst people
- The rate of interest in a Recurring Deposit is high
- RD schemes provide a stable and safe investment option irrespective of Market fluctuations
- Investors can close their RD account before the maturity period. But, during the premature withdrawals, investors may have to pay some amount in the form of penalty, depending on the bank.
- Investors can opt for loans up to 60-90% of the balance, against the Recurring Deposit
- The bank may discontinue an account on six missed instalments. But, if the outstanding amount is paid within a month from the last Default, it can be revived.
- Recurring Deposits come with a nomination Facility
- There is no TDS (Tax Deducted at source) in Recurring Deposits. The interest portion is taxable and will be added to an investor’s Income and taxed as per the relevant slab.
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RD Interest Rates
Almost all the major banks in India offer a Recurring Deposit account. The interest rate at every bank may vary, but it typically ranges between 2.75% to 7.50% p.a, and at the post office it is 7.4% (depending on prevailing market condition). Senior citizens get 0.5% extra. The interest rate, once determined does not change during the tenure. Investors who want to pay more than one instalment at a time, can do so.
RD Calculator
A Recurring Deposit calculator is a good way of calculating maturity amount on RD. You can follow this method to estimate your RD amount on maturity.
| RD Calculator | INR |
|---|---|
| Monthly Deposit Amount | 200 |
| RD in month | 60 |
| Rate of Interest | 8% |
| Interest compounding Frequency | Monthly |
| RD Maturity Amount | INR 1,47,933 |
RD Interest Calculator
With the help of RD interest calculator, customers can determine their potential Earnings. You need to decide the amount you want to invest monthly and the tenure of investment (example illustrated below).
| RD Interest Calculator | Calculation |
|---|---|
| Amount | INR 1000 |
| Interest Rate | 8% per annum |
| Period | 12 months |
Summary-
- Total Amount Paid-
INR 12,000 - Total Maturity Amount-
INR 12,530 - Total Interest Receivable-
INR 530
Conclusion
Recurring Deposit helps individuals' to get into a habit of saving regularly. If you haven’t made any investment so far, start with a Recurring Deposit. Also, it is a good avenue for creating an emergency fund or contingency fund. It is an ideal way to save a small amount of money every month for your short term and long term Financial goals.
Open a Recurring Deposit account today and save for tomorrow!
Similar Alternatives
In mutual funds one can earn more than RD's with similar safety on principal by Investing in Liquid or Ultra short bond funds as they invest in securities maturing from 30 days to year or so.
Liquid / Ultra Short Debt Mutual funds
(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 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 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 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 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 To provide high level of liquidity with reasonable returns commensurating with low risk through a portfolio of money market & debt securities. However, there can be no assurance that the investment objective will be achieved. The scheme does not assure or guarantee any returns. Essel Liquid Fund is a Debt - Liquid Fund fund was launched on 19 Feb 10. It is a fund with Low risk and has given a Below is the key information for Essel Liquid 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 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 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 1. Nippon India Ultra Short Duration Fund
CAGR/Annualized return of 6.1% since its launch. Ranked 62 in Ultrashort Bond category. Return for 2024 was 7.2% , 2023 was 6.7% and 2022 was 4.6% . Nippon India Ultra Short Duration Fund
Growth Launch Date 7 Dec 01 NAV (15 Jan 25) ₹3,894.64 ↑ 0.88 (0.02 %) Net Assets (Cr) ₹7,603 on 30 Nov 24 Category Debt - Ultrashort Bond AMC Nippon Life Asset Management Ltd. Rating ☆☆ Risk Low Expense Ratio 1.14 Sharpe Ratio 0.85 Information Ratio 0 Alpha Ratio 0 Min Investment 100 Min SIP Investment 100 Exit Load NIL Yield to Maturity 7.72% Effective Maturity 6 Months 9 Days Modified Duration 5 Months 7 Days Growth of 10,000 investment over the years.
Date Value 31 Dec 19 ₹10,000 31 Dec 20 ₹10,487 31 Dec 21 ₹11,302 31 Dec 22 ₹11,821 31 Dec 23 ₹12,611 31 Dec 24 ₹13,524 Returns for Nippon India Ultra Short Duration Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 15 Jan 25 Duration Returns 1 Month 0.6% 3 Month 1.6% 6 Month 3.4% 1 Year 7.1% 3 Year 6.2% 5 Year 6.2% 10 Year 15 Year Since launch 6.1% Historical performance (Yearly) on absolute basis
Year Returns 2023 7.2% 2022 6.7% 2021 4.6% 2020 7.8% 2019 4.9% 2018 0.9% 2017 7.3% 2016 5.8% 2015 6.8% 2014 7.6% Fund Manager information for Nippon India Ultra Short Duration Fund
Name Since Tenure Vivek Sharma 1 Oct 13 11.26 Yr. Kinjal Desai 25 May 18 6.61 Yr. Akshay Sharma 1 Dec 22 2.09 Yr. Data below for Nippon India Ultra Short Duration Fund as on 30 Nov 24
Asset Allocation
Asset Class Value Cash 66.33% Debt 33.46% Other 0.21% Debt Sector Allocation
Sector Value Cash Equivalent 50.01% Corporate 42.96% Government 6.82% Credit Quality
Rating Value AA 11.85% AAA 88.15% Top Securities Holdings / Portfolio
Name Holding Value Quantity 182 D Tbill Mat - 14/02/2025
Sovereign Bonds | -4% ₹287 Cr 29,000,000 182 DTB 12062025
Sovereign Bonds | -3% ₹237 Cr 24,500,000
↑ 24,500,000 PNb Housing Finance Limited
Debentures | -3% ₹225 Cr 22,500 National Bank For Agriculture And Rural Development
Debentures | -3% ₹200 Cr 2,000 Small Industries Development Bank Of India
Debentures | -3% ₹199 Cr 2,000 HDFC Credila Financial Services Ltd
Debentures | -3% ₹196 Cr 19,500
↑ 9,500 Indinfravit Trust
Debentures | -2% ₹189 Cr 19,500 Rec Limited
Debentures | -2% ₹182 Cr 1,850 INDIA UNIVERSAL TRUST AL2
Unlisted bonds | -1% ₹100 Cr 100
↑ 100 Piramal Capital & Housing Finance Ltd
Debentures | -1% ₹100 Cr 10,000 2. Aditya Birla Sun Life Savings Fund
CAGR/Annualized return of 7.4% since its launch. Ranked 6 in Ultrashort Bond category. Return for 2024 was 7.9% , 2023 was 7.2% and 2022 was 4.8% . Aditya Birla Sun Life Savings Fund
Growth Launch Date 16 Apr 03 NAV (15 Jan 25) ₹528.608 ↑ 0.15 (0.03 %) Net Assets (Cr) ₹15,890 on 15 Dec 24 Category Debt - Ultrashort Bond AMC Birla Sun Life Asset Management Co Ltd Rating ☆☆☆☆☆ Risk Moderately Low Expense Ratio 0.54 Sharpe Ratio 3.32 Information Ratio 0 Alpha Ratio 0 Min Investment 1,000 Min SIP Investment 1,000 Exit Load NIL Yield to Maturity 7.61% Effective Maturity 7 Months 17 Days Modified Duration 5 Months 8 Days Growth of 10,000 investment over the years.
Date Value 31 Dec 19 ₹10,000 31 Dec 20 ₹10,702 31 Dec 21 ₹11,119 31 Dec 22 ₹11,648 31 Dec 23 ₹12,483 31 Dec 24 ₹13,463 Returns for Aditya Birla Sun Life Savings Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 15 Jan 25 Duration Returns 1 Month 0.6% 3 Month 1.8% 6 Month 3.8% 1 Year 7.7% 3 Year 6.6% 5 Year 6.1% 10 Year 15 Year Since launch 7.4% Historical performance (Yearly) on absolute basis
Year Returns 2023 7.9% 2022 7.2% 2021 4.8% 2020 3.9% 2019 7% 2018 8.5% 2017 7.6% 2016 7.2% 2015 9.2% 2014 8.9% Fund Manager information for Aditya Birla Sun Life Savings Fund
Name Since Tenure Sunaina Cunha 20 Jun 14 10.54 Yr. Kaustubh Gupta 15 Jul 11 13.48 Yr. Monika Gandhi 22 Mar 21 3.78 Yr. Data below for Aditya Birla Sun Life Savings Fund as on 15 Dec 24
Asset Allocation
Asset Class Value Cash 42.53% Debt 57.22% Other 0.25% Debt Sector Allocation
Sector Value Corporate 56.9% Cash Equivalent 37.01% Government 5.84% Credit Quality
Rating Value AA 31.99% AAA 68.01% Top Securities Holdings / Portfolio
Name Holding Value Quantity National Housing Bank 7.83%
Debentures | -5% ₹820 Cr 82,000 Shriram Finance Company Limited
Debentures | -4% ₹603 Cr 60,000 Cd - Union Bank Of India - 02/04/25
Debentures | -3% ₹489 Cr 10,000 Nirma Limited
Debentures | -3% ₹487 Cr 48,500 National Housing Bank
Debentures | -3% ₹400 Cr 40,000 Tata Realty And Infrastructure Limited
Debentures | -2% ₹360 Cr 36,000 Rural Electrification Corporation Limited
Debentures | -2% ₹325 Cr 32,500 7.3% Govt Stock 2028
Sovereign Bonds | -2% ₹316 Cr 31,500,000 Bajaj Housing Finance Ltd. 8%
Debentures | -2% ₹301 Cr 30,000 Avanse Financial Services Ltd 9.40%
Debentures | -2% ₹299 Cr 30,000 3. ICICI Prudential Ultra Short Term Fund
CAGR/Annualized return of 7.4% since its launch. Ranked 27 in Ultrashort Bond category. Return for 2024 was 7.5% , 2023 was 6.9% and 2022 was 4.5% . ICICI Prudential Ultra Short Term Fund
Growth Launch Date 3 May 11 NAV (15 Jan 25) ₹26.745 ↑ 0.01 (0.02 %) Net Assets (Cr) ₹13,935 on 15 Dec 24 Category Debt - Ultrashort Bond AMC ICICI Prudential Asset Management Company Limited Rating ☆☆☆ Risk Moderate Expense Ratio 0.86 Sharpe Ratio 1.92 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 7.6% Effective Maturity 5 Months 16 Days Modified Duration 4 Months 28 Days Growth of 10,000 investment over the years.
Date Value 31 Dec 19 ₹10,000 31 Dec 20 ₹10,653 31 Dec 21 ₹11,080 31 Dec 22 ₹11,583 31 Dec 23 ₹12,384 31 Dec 24 ₹13,311 Returns for ICICI Prudential Ultra Short Term Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 15 Jan 25 Duration Returns 1 Month 0.6% 3 Month 1.7% 6 Month 3.5% 1 Year 7.4% 3 Year 6.3% 5 Year 5.9% 10 Year 15 Year Since launch 7.4% Historical performance (Yearly) on absolute basis
Year Returns 2023 7.5% 2022 6.9% 2021 4.5% 2020 4% 2019 6.5% 2018 8.4% 2017 7.5% 2016 6.9% 2015 9.8% 2014 9.1% Fund Manager information for ICICI Prudential Ultra Short Term Fund
Name Since Tenure Manish Banthia 15 Nov 16 8.13 Yr. Ritesh Lunawat 15 Jun 17 7.55 Yr. Data below for ICICI Prudential Ultra Short Term Fund as on 15 Dec 24
Asset Allocation
Asset Class Value Cash 59.67% Debt 40.08% Other 0.25% Debt Sector Allocation
Sector Value Corporate 47.18% Cash Equivalent 44.28% Government 7.56% Securitized 0.73% Credit Quality
Rating Value AA 15.12% AAA 84.88% Top Securities Holdings / Portfolio
Name Holding Value Quantity LIC Housing Finance Limited
Debentures | -3% ₹435 Cr 4,350
↑ 500 364 Days T - Bill- 06/02/2025
Sovereign Bonds | -3% ₹396 Cr 40,000,000 364 DTB 13032025
Sovereign Bonds | -3% ₹394 Cr 40,000,000 Small Industries Development Bank Of India
Debentures | -3% ₹374 Cr 3,750 Bharti Telecom Limited
Debentures | -2% ₹327 Cr 32,500 India (Republic of)
- | -2% ₹300 Cr 30,000,000 L&T Metro Rail (Hyderabad) Limited
Debentures | -2% ₹298 Cr 3,000 Rural Electrification Corporation Limited
Debentures | -2% ₹235 Cr 2,350 LIC Housing Finance Limited
Debentures | -2% ₹225 Cr 2,250 Power Finance Corporation Limited
Debentures | -2% ₹224 Cr 2,250 4. UTI Ultra Short Term Fund
CAGR/Annualized return of 6.8% since its launch. Ranked 27 in Ultrashort Bond category. Return for 2024 was 7.2% , 2023 was 6.7% and 2022 was 4.2% . UTI Ultra Short Term Fund
Growth Launch Date 29 Aug 03 NAV (15 Jan 25) ₹4,100.43 ↑ 1.10 (0.03 %) Net Assets (Cr) ₹3,039 on 30 Nov 24 Category Debt - Ultrashort Bond AMC UTI Asset Management Company Ltd Rating ☆☆☆☆ Risk Moderately Low Expense Ratio 0.96 Sharpe Ratio 0.85 Information Ratio 0 Alpha Ratio 0 Min Investment 5,000 Min SIP Investment 500 Exit Load NIL Yield to Maturity 7.59% Effective Maturity 5 Months 9 Days Modified Duration 4 Months 28 Days Growth of 10,000 investment over the years.
Date Value 31 Dec 19 ₹10,000 31 Dec 20 ₹10,526 31 Dec 21 ₹11,168 31 Dec 22 ₹11,639 31 Dec 23 ₹12,422 31 Dec 24 ₹13,319 Returns for UTI Ultra Short Term Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 15 Jan 25 Duration Returns 1 Month 0.6% 3 Month 1.6% 6 Month 3.4% 1 Year 7.1% 3 Year 6.1% 5 Year 5.9% 10 Year 15 Year Since launch 6.8% Historical performance (Yearly) on absolute basis
Year Returns 2023 7.2% 2022 6.7% 2021 4.2% 2020 6.1% 2019 5.3% 2018 3.3% 2017 7% 2016 6.6% 2015 8.9% 2014 8.5% Fund Manager information for UTI Ultra Short Term Fund
Name Since Tenure Ritesh Nambiar 1 Jul 15 9.51 Yr. Data below for UTI Ultra Short Term Fund as on 30 Nov 24
Asset Allocation
Asset Class Value Cash 65.48% Debt 34.32% Other 0.2% Debt Sector Allocation
Sector Value Cash Equivalent 52.95% Corporate 45.22% Government 1.63% Credit Quality
Rating Value AA 14.44% AAA 85.56% Top Securities Holdings / Portfolio
Name Holding Value Quantity National Bank For Agriculture And Rural Development
Debentures | -5% ₹150 Cr 1,500 Bajaj Housing Finance Limited
Debentures | -3% ₹100 Cr 1,000 Shriram Transport Finance Company Limited
Debentures | -2% ₹50 Cr 5,000 ICICI Home Finance Company Limited
Debentures | -2% ₹50 Cr 5,000 Bajaj Finance Limited
Debentures | -2% ₹50 Cr 500
↑ 500 Hdb Financial Services Limited
Debentures | -2% ₹50 Cr 500 HDFC Bank Limited
Debentures | -2% ₹50 Cr 5,000
↓ -2,500 Kotak Mahindra Prime Limited
Debentures | -2% ₹50 Cr 500 India Grid TRust
Debentures | -2% ₹50 Cr 500 Can Fin Homes Limited
Debentures | -2% ₹50 Cr 500 5. DSP BlackRock Money Manager Fund
CAGR/Annualized return of 6.7% since its launch. Ranked 75 in Ultrashort Bond category. Return for 2024 was 6.9% , 2023 was 6.7% and 2022 was 4.1% . DSP BlackRock Money Manager Fund
Growth Launch Date 31 Jul 06 NAV (15 Jan 25) ₹3,290.64 ↑ 0.83 (0.03 %) Net Assets (Cr) ₹3,062 on 30 Nov 24 Category Debt - Ultrashort Bond AMC DSP BlackRock Invmt Managers Pvt. Ltd. Rating ☆☆ Risk Moderately Low Expense Ratio 1.02 Sharpe Ratio -0.67 Information Ratio 0 Alpha Ratio 0 Min Investment 1,000 Min SIP Investment 500 Exit Load NIL Yield to Maturity 7.47% Effective Maturity 5 Months 16 Days Modified Duration 5 Months 1 Day Growth of 10,000 investment over the years.
Date Value 31 Dec 19 ₹10,000 31 Dec 20 ₹10,474 31 Dec 21 ₹10,774 31 Dec 22 ₹11,217 31 Dec 23 ₹11,967 31 Dec 24 ₹12,795 Returns for DSP BlackRock Money Manager Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 15 Jan 25 Duration Returns 1 Month 0.5% 3 Month 1.6% 6 Month 3.3% 1 Year 6.9% 3 Year 5.9% 5 Year 5.1% 10 Year 15 Year Since launch 6.7% Historical performance (Yearly) on absolute basis
Year Returns 2023 6.9% 2022 6.7% 2021 4.1% 2020 2.9% 2019 4.7% 2018 7.3% 2017 5% 2016 6% 2015 7.5% 2014 7.9% Fund Manager information for DSP BlackRock Money Manager Fund
Name Since Tenure Karan Mundhra 31 May 21 3.59 Yr. Shalini Vasanta 1 Jan 25 0 Yr. Data below for DSP BlackRock Money Manager Fund as on 30 Nov 24
Asset Allocation
Asset Class Value Cash 64.41% Debt 35.36% Other 0.23% Debt Sector Allocation
Sector Value Corporate 54.32% Cash Equivalent 39.13% Government 6.32% Credit Quality
Rating Value AA 4.81% AAA 95.19% Top Securities Holdings / Portfolio
Name Holding Value Quantity LIC Housing Finance Ltd
Debentures | -5% ₹154 Cr 1,500 182 DTB 23012025
Sovereign Bonds | -3% ₹99 Cr 10,000,000 Small Industries Development Bank Of India
Debentures | -3% ₹77 Cr 750
↑ 250 182 DTB 30012025
Sovereign Bonds | -2% ₹60 Cr 6,000,000 Power Finance Corporation Ltd.
Debentures | -2% ₹56 Cr 550 The Tata Power Company Limited
Debentures | -2% ₹54 Cr 500 National Bank For Agriculture And Rural Development
Debentures | -2% ₹52 Cr 500 Tata Capital Limited
Debentures | -2% ₹52 Cr 500 Small Industries Development Bank Of India
Debentures | -2% ₹52 Cr 500 Sundaram Finance Limited
Debentures | -2% ₹51 Cr 5,000 6. BOI AXA Ultra Short Duration Fund
CAGR/Annualized return of 7% since its launch. Ranked 9 in Ultrashort Bond category. Return for 2024 was 6.7% , 2023 was 6.2% and 2022 was 4.4% . BOI AXA Ultra Short Duration Fund
Growth Launch Date 16 Jul 08 NAV (15 Jan 25) ₹3,060.74 ↑ 0.71 (0.02 %) Net Assets (Cr) ₹185 on 30 Nov 24 Category Debt - Ultrashort Bond AMC BOI AXA Investment Mngrs Private Ltd Rating ☆☆☆☆ Risk Moderately Low Expense Ratio 1.29 Sharpe Ratio -2.23 Information Ratio 0 Alpha Ratio 0 Min Investment 5,000 Min SIP Investment 1,000 Exit Load NIL Yield to Maturity 7.46% Effective Maturity 5 Months 23 Days Modified Duration 5 Months 19 Days Growth of 10,000 investment over the years.
Date Value 31 Dec 19 ₹10,000 31 Dec 20 ₹10,495 31 Dec 21 ₹10,826 31 Dec 22 ₹11,298 31 Dec 23 ₹12,002 31 Dec 24 ₹12,803 Returns for BOI AXA Ultra Short Duration Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 15 Jan 25 Duration Returns 1 Month 0.6% 3 Month 1.5% 6 Month 3.2% 1 Year 6.6% 3 Year 5.8% 5 Year 5.1% 10 Year 15 Year Since launch 7% Historical performance (Yearly) on absolute basis
Year Returns 2023 6.7% 2022 6.2% 2021 4.4% 2020 3.2% 2019 4.9% 2018 7.5% 2017 7.6% 2016 8% 2015 9.1% 2014 8.7% Fund Manager information for BOI AXA Ultra Short Duration Fund
Name Since Tenure Mithraem Bharucha 17 Aug 21 3.38 Yr. Data below for BOI AXA Ultra Short Duration Fund as on 30 Nov 24
Asset Allocation
Asset Class Value Cash 71.11% Debt 28.64% Other 0.25% Debt Sector Allocation
Sector Value Cash Equivalent 56.54% Corporate 31.76% Government 11.46% Credit Quality
Rating Value AA 5.69% AAA 94.31% Top Securities Holdings / Portfolio
Name Holding Value Quantity National Bank For Agriculture And Rural Development
Debentures | -6% ₹10 Cr 1,000,000 Power Finance Corporation Ltd.
Debentures | -6% ₹10 Cr 1,000,000 Godrej Industries Limited
Debentures | -6% ₹10 Cr 1,000,000 Small Industries Development Bank of India
Debentures | -6% ₹9 Cr 1,000,000 India (Republic of)
- | -5% ₹9 Cr 950,000 7.52% GJ Sdl 08/03/2025
Sovereign Bonds | -1% ₹3 Cr 250,000
↑ 250,000 364 Day T-Bill 30.01.25
Sovereign Bonds | -1% ₹1 Cr 100,000 Corporate Debt Market Development Fund
Investment Fund | -0% ₹0 Cr 400 364 DTB 24072025
Sovereign Bonds | -0% ₹0 Cr 30,000 Repo
CBLO/Reverse Repo | -16% ₹27 Cr 7. Essel Liquid Fund
CAGR/Annualized return of 7% since its launch. Ranked 12 in Liquid Fund category. Return for 2024 was 6.9% , 2023 was 6.8% and 2022 was 5.1% . Essel Liquid Fund
Growth Launch Date 19 Feb 10 NAV (15 Jan 25) ₹27.578 ↑ 0.01 (0.02 %) Net Assets (Cr) ₹73 on 30 Nov 24 Category Debt - Liquid Fund AMC Essel Funds Management Company Ltd Rating ☆☆☆☆ Risk Low Expense Ratio 0.18 Sharpe Ratio -1.71 Information Ratio 0 Alpha Ratio 0 Min Investment 1,000 Min SIP Investment 500 Exit Load NIL Yield to Maturity 7.45% Effective Maturity 1 Month 10 Days Modified Duration 1 Month 10 Days Growth of 10,000 investment over the years.
Date Value 31 Dec 19 ₹10,000 31 Dec 20 ₹10,367 31 Dec 21 ₹10,719 31 Dec 22 ₹11,262 31 Dec 23 ₹12,029 31 Dec 24 ₹12,864 Returns for Essel Liquid Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 15 Jan 25 Duration Returns 1 Month 0.6% 3 Month 1.7% 6 Month 3.4% 1 Year 6.9% 3 Year 6.3% 5 Year 5.2% 10 Year 15 Year Since launch 7% Historical performance (Yearly) on absolute basis
Year Returns 2023 6.9% 2022 6.8% 2021 5.1% 2020 3.4% 2019 3.7% 2018 6.2% 2017 7.4% 2016 6.8% 2015 7.8% 2014 8.4% Fund Manager information for Essel Liquid Fund
Name Since Tenure Tanmay Sethi 1 Feb 24 0.92 Yr. Data below for Essel Liquid Fund as on 30 Nov 24
Asset Allocation
Asset Class Value Cash 99.55% Other 0.45% Debt Sector Allocation
Sector Value Cash Equivalent 95.43% Corporate 4.12% Credit Quality
Rating Value AAA 100% Top Securities Holdings / Portfolio
Name Holding Value Quantity Treps/Reverse Repo/Net Current Assets/Cash/Cash Equivalent
Net Current Assets | -15% ₹11 Cr Rural Electrification Corporation Limited
Debentures | -7% ₹5 Cr 500,000
↑ 500,000 National Housing Bank
Debentures | -7% ₹5 Cr 500,000 National Bank For Agriculture And Rural Development
Debentures | -7% ₹5 Cr 500,000 Time Technoplast Limited
Commercial Paper | -7% ₹5 Cr 500,000 182 DTB 09012025
Sovereign Bonds | -7% ₹5 Cr 500,000 364 DTB
Sovereign Bonds | -7% ₹5 Cr 500,000 Kotak Mahindra Bank Limited
Certificate of Deposit | -7% ₹5 Cr 500,000 Small Industries Development Bank Of India
Certificate of Deposit | -6% ₹4 Cr 450,000 Motilal Oswal Financial Services Limited
Commercial Paper | -6% ₹4 Cr 450,000 8. SBI Magnum Ultra Short Duration Fund
CAGR/Annualized return of 7.1% since its launch. Return for 2024 was 7.4% , 2023 was 7% and 2022 was 4.5% . SBI Magnum Ultra Short Duration Fund
Growth Launch Date 21 May 99 NAV (15 Jan 25) ₹5,771.94 ↑ 1.84 (0.03 %) Net Assets (Cr) ₹12,885 on 30 Nov 24 Category Debt - Ultrashort Bond AMC SBI Funds Management Private Limited Rating ☆☆☆ Risk Low Expense Ratio 0.54 Sharpe Ratio 3.02 Information Ratio 0 Alpha Ratio 0 Min Investment 5,000 Min SIP Investment 500 Exit Load NIL Yield to Maturity 7.43% Effective Maturity 10 Months 6 Days Modified Duration 5 Months 1 Day Growth of 10,000 investment over the years.
Date Value 31 Dec 19 ₹10,000 31 Dec 20 ₹10,588 31 Dec 21 ₹10,945 31 Dec 22 ₹11,432 31 Dec 23 ₹12,228 31 Dec 24 ₹13,135 Returns for SBI Magnum Ultra Short Duration Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 15 Jan 25 Duration Returns 1 Month 0.6% 3 Month 1.7% 6 Month 3.5% 1 Year 7.3% 3 Year 6.3% 5 Year 5.6% 10 Year 15 Year Since launch 7.1% Historical performance (Yearly) on absolute basis
Year Returns 2023 7.4% 2022 7% 2021 4.5% 2020 3.4% 2019 5.9% 2018 8% 2017 7.9% 2016 6.6% 2015 7.7% 2014 8.3% Fund Manager information for SBI Magnum Ultra Short Duration Fund
Name Since Tenure Arun R. 1 Jun 21 3.59 Yr. Ardhendu Bhattacharya 1 Dec 23 1.09 Yr. Pradeep Kesavan 1 Dec 23 1.09 Yr. Data below for SBI Magnum Ultra Short Duration Fund as on 30 Nov 24
Asset Allocation
Asset Class Value Cash 47.62% Debt 52.15% Other 0.23% Debt Sector Allocation
Sector Value Corporate 47.99% Cash Equivalent 33.04% Government 18.73% Credit Quality
Rating Value AAA 100% Top Securities Holdings / Portfolio
Name Holding Value Quantity 7.3% Govt Stock 2028
Sovereign Bonds | -9% ₹1,129 Cr 112,500,000 LIC Housing Finance Ltd
Debentures | -4% ₹496 Cr 5,000 National Bank For Agriculture And Rural Development
Debentures | -3% ₹420 Cr 4,250 INDIA UNIVERSAL TRUST AL2
Unlisted bonds | -3% ₹400 Cr 400
↑ 400 Power Finance Corporation Limited
Debentures | -3% ₹384 Cr 3,850 Axis Bank Ltd.
Debentures | -3% ₹351 Cr 7,500
↑ 7,500 Hdb Financial Services Limited
Debentures | -3% ₹345 Cr 34,500 Larsen & Toubro Ltd.
Debentures | -2% ₹300 Cr 30,000 National Bank For Agriculture And Rural Development
Debentures | -2% ₹299 Cr 3,000 Rec Limited
Debentures | -2% ₹241 Cr 2,450 9. Canara Robeco Ultra Short Term Fund
CAGR/Annualized return of 6.8% since its launch. Ranked 72 in Ultrashort Bond category. Return for 2024 was 6.8% , 2023 was 6.4% and 2022 was 3.9% . Canara Robeco Ultra Short Term Fund
Growth Launch Date 14 Jul 08 NAV (15 Jan 25) ₹3,676.31 ↑ 1.18 (0.03 %) Net Assets (Cr) ₹602 on 30 Nov 24 Category Debt - Ultrashort Bond AMC Canara Robeco Asset Management Co. Ltd. Rating ☆☆ Risk Low Expense Ratio 0.95 Sharpe Ratio -1.53 Information Ratio 0 Alpha Ratio 0 Min Investment 5,000 Min SIP Investment 1,000 Exit Load NIL Yield to Maturity 7.39% Effective Maturity 10 Months 23 Days Modified Duration 5 Months 12 Days Growth of 10,000 investment over the years.
Date Value 31 Dec 19 ₹10,000 31 Dec 20 ₹10,452 31 Dec 21 ₹10,727 31 Dec 22 ₹11,148 31 Dec 23 ₹11,857 31 Dec 24 ₹12,662 Returns for Canara Robeco Ultra Short Term Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 15 Jan 25 Duration Returns 1 Month 0.6% 3 Month 1.5% 6 Month 3.3% 1 Year 6.7% 3 Year 5.7% 5 Year 4.8% 10 Year 15 Year Since launch 6.8% Historical performance (Yearly) on absolute basis
Year Returns 2023 6.8% 2022 6.4% 2021 3.9% 2020 2.6% 2019 4.5% 2018 6.6% 2017 6.1% 2016 5.7% 2015 7.3% 2014 8.4% Fund Manager information for Canara Robeco Ultra Short Term Fund
Name Since Tenure Avnish Jain 1 Apr 22 2.76 Yr. Kunal Jain 16 Sep 24 0.29 Yr. Data below for Canara Robeco Ultra Short Term Fund as on 30 Nov 24
Asset Allocation
Asset Class Value Cash 43.66% Debt 56.08% Other 0.26% Debt Sector Allocation
Sector Value Corporate 61.21% Cash Equivalent 23.72% Government 14.81% Credit Quality
Rating Value AAA 100% Top Securities Holdings / Portfolio
Name Holding Value Quantity National Bank For Agriculture And Rural Development
Debentures | -9% ₹54 Cr 550
↓ -50 Power Finance Corporation Limited
Debentures | -7% ₹45 Cr 450 7.93% Govt Stock 2033
Sovereign Bonds | -4% ₹26 Cr 2,500,000 Bajaj Housing Finance Limited
Debentures | -4% ₹25 Cr 250 Kotak Mahindra Prime Limited
Debentures | -4% ₹25 Cr 2,500 Kotak Mahindra Prime Limited
Debentures | -4% ₹25 Cr 2,500 Export Import Bank Of India
Debentures | -4% ₹25 Cr 250 Hdb Financial Services Limited
Debentures | -4% ₹25 Cr 250 Small Industries Development Bank Of India
Debentures | -4% ₹25 Cr 250 LIC Housing Finance Ltd
Debentures | -4% ₹25 Cr 250 10. Invesco India Ultra Short Term Fund
CAGR/Annualized return of 7.1% since its launch. Ranked 40 in Ultrashort Bond category. Return for 2024 was 7.5% , 2023 was 6.6% and 2022 was 4.1% . Invesco India Ultra Short Term Fund
Growth Launch Date 30 Dec 10 NAV (15 Jan 25) ₹2,605.22 ↑ 0.68 (0.03 %) Net Assets (Cr) ₹1,764 on 30 Nov 24 Category Debt - Ultrashort Bond AMC Invesco Asset Management (India) Private Ltd Rating ☆☆☆ Risk Moderate Expense Ratio 0.74 Sharpe Ratio 1.1 Information Ratio 0 Alpha Ratio 0 Min Investment 5,000 Min SIP Investment 1,000 Exit Load NIL Yield to Maturity 7.37% Effective Maturity 5 Months 13 Days Modified Duration 5 Months 1 Day Growth of 10,000 investment over the years.
Date Value 31 Dec 19 ₹10,000 31 Dec 20 ₹10,510 31 Dec 21 ₹10,829 31 Dec 22 ₹11,274 31 Dec 23 ₹12,020 31 Dec 24 ₹12,918 Returns for Invesco India Ultra Short Term Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 15 Jan 25 Duration Returns 1 Month 0.6% 3 Month 1.6% 6 Month 3.4% 1 Year 7.4% 3 Year 6.1% 5 Year 5.3% 10 Year 15 Year Since launch 7.1% Historical performance (Yearly) on absolute basis
Year Returns 2023 7.5% 2022 6.6% 2021 4.1% 2020 3% 2019 5.1% 2018 7.6% 2017 7.3% 2016 7.1% 2015 9.1% 2014 8.3% Fund Manager information for Invesco India Ultra Short Term Fund
Name Since Tenure Krishna Cheemalapati 4 Jan 20 5 Yr. Vikas Garg 27 Jul 21 3.44 Yr. Data below for Invesco India Ultra Short Term Fund as on 30 Nov 24
Asset Allocation
Asset Class Value Cash 57% Debt 42.84% Other 0.15% Debt Sector Allocation
Sector Value Corporate 53.79% Cash Equivalent 42.12% Government 3.94% Credit Quality
Rating Value AA 17.01% AAA 82.99% Top Securities Holdings / Portfolio
Name Holding Value Quantity 182 DTB 18102024
Sovereign Bonds | -6% ₹84 Cr 8,500,000 Power Finance Corporation Ltd.
Debentures | -4% ₹50 Cr 5,000,000 Axis Bank Ltd.
Debentures | -3% ₹48 Cr 5,000,000
↑ 5,000,000 Larsen & Toubro Ltd. 7.58%
Debentures | -3% ₹35 Cr 3,500,000 Ongc Petro Additions Limited
Debentures | -2% ₹30 Cr 3,000,000 Export Import Bank Of India
Debentures | -2% ₹30 Cr 3,000,000 364 DTB
Sovereign Bonds | -2% ₹30 Cr 3,000,000 Bharti Telecom Limited
Debentures | -2% ₹25 Cr 2,500,000 Bharti Telecom Limited
Debentures | -2% ₹25 Cr 2,500,000 Tata Realty And Infrastructure Limited
Debentures | -2% ₹25 Cr 2,500,000
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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