आवर्ती जमा (आरडी) क्या है?

Updated on September 24, 2026 , 64127 views

यदि आप जानते हैं कि कैसे एक व्यवस्थितनिवेश योजना (सिप) काम्यूचुअल फंड्स काम करता है, तो आप आसानी से Recurring Deposits को समझ जाएंगे! आवर्ती जमा (आरडी) में हर महीने एक निश्चित किस्त की जाती है और ब्याज का भुगतान किया जाता हैबैंक इस राशि पर। आइए हम RD खाते के बारे में अधिक समझते हैं,आरडी ब्याज दरें,आरडी कैलकुलेटर, आरडी ब्याज कैलकुलेटर, आदि।

आवर्ती जमा (आरडी)

आवर्ती जमा उन लोगों के लिए एक निवेश सह बचत विकल्प है जो एक निश्चित अवधि में नियमित रूप से बचत करना चाहते हैं और उच्च ब्याज दर अर्जित करना चाहते हैं। हर महीने, एक निश्चित राशि की कटौती या तो a . से की जाती हैबचत खाता या एक चालू खाता। परिपक्वता अवधि के अंत में, निवेशकों को उनके निवेशित धन का भुगतान किया जाता हैउपार्जित ब्याज.

एक सार्वजनिक क्षेत्र के बैंक में, एक आरडी खाता न्यूनतम राशि के साथ खोला जा सकता है जो कम से कम 100 रुपये है। जबकि, निजी क्षेत्र के बैंकों में जमा की जाने वाली न्यूनतम राशि INR 500 से INR 1000 है, जबकि एक मेंडाक बंगला कोई सिर्फ 10 रुपये में खाता खोल सकता है। कुछ बैंकों की ऊपरी सीमा 15 लाख रुपये है, जबकि अन्य में ऐसी कोई ऊपरी सीमा नहीं है। आवर्ती जमा के लिए कार्यकाल न्यूनतम तीन महीने और अधिकतम 10 वर्ष है।

आरडी खाता: विशेषताएं

यह लोगों में बचत की आदत पैदा करता है
आवर्ती जमा में ब्याज दर अधिक होती है
आरडी योजनाएं, चाहे कुछ भी हों, एक स्थिर और सुरक्षित निवेश विकल्प प्रदान करती हैंमंडी उतार चढ़ाव
निवेशक परिपक्वता अवधि से पहले अपना आरडी खाता बंद कर सकते हैं। लेकिन, समय से पहले निकासी के दौरान, निवेशकों को बैंक के आधार पर कुछ राशि पेनल्टी के रूप में चुकानी पड़ सकती है।
आवर्ती जमा के बदले निवेशक शेष राशि के 60-90% तक के ऋण का विकल्प चुन सकते हैं
बैंक छह छूटी हुई किश्तों पर खाते को बंद कर सकता है। लेकिन, यदि बकाया राशि का भुगतान अंतिम तिथि से एक माह के भीतर कर दिया जाता हैचूक, इसे पुनर्जीवित किया जा सकता है।
आवर्ती जमा नामांकन के साथ आते हैंसुविधा
आवर्ती जमा में कोई टीडीएस (स्रोत पर कर कटौती) नहीं है। ब्याज का हिस्सा कर योग्य है और इसे a . में जोड़ा जाएगाइन्वेस्टर'एसआय और संबंधित स्लैब के अनुसार कर लगाया।

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आरडी ब्याज दरें

भारत में लगभग सभी प्रमुख बैंक एक आवर्ती जमा खाता प्रदान करते हैं। प्रत्येक बैंक में ब्याज दर भिन्न हो सकती है, लेकिन यह आमतौर पर के बीच होती है7% से 9.25% प्रति वर्ष, और डाकघर में यह है7.4% (मौजूदा बाजार की स्थिति के आधार पर)। वरिष्ठ नागरिकों को मिलता है0.5% अतिरिक्त। एक बार निर्धारित ब्याज दर कार्यकाल के दौरान नहीं बदलती है। जो निवेशक एक बार में एक से ज्यादा किस्त देना चाहते हैं, वे ऐसा कर सकते हैं।

आरडी कैलकुलेटर

आवर्ती जमा कैलकुलेटर आरडी पर परिपक्वता राशि की गणना करने का एक अच्छा तरीका है। मैच्योरिटी पर अपनी आरडी राशि का अनुमान लगाने के लिए आप इस तरीके का पालन कर सकते हैं।

आरडी कैलकुलेटर	INR
मासिक जमा राशि	200
महीने में आरडी	60
ब्याज की दर	8%
रुचिकंपाउंडिंग आवृत्ति	महीने के
आरडी मैच्योरिटी राशि	INR 1,47,933

आरडी ब्याज कैलकुलेटर

RD ब्याज कैलकुलेटर की मदद से ग्राहक अपनी क्षमता का निर्धारण कर सकते हैंआय. आपको वह राशि तय करनी होगी जो आप मासिक निवेश करना चाहते हैं और निवेश की अवधि (उदाहरण नीचे दिखाया गया है)।

आरडी ब्याज कैलकुलेटर
राशि	INR 1000
ब्याज दर	8% प्रति वर्ष
अवधि	12 महीने

सारांश- भुगतान की गई कुल राशि-INR 12,000 कुल परिपक्वता राशि-INR 12,530 प्राप्य कुल ब्याज-INR 530

निष्कर्ष

आवर्ती जमा व्यक्तियों को नियमित रूप से बचत करने की आदत डालने में मदद करता है। अगर आपने अब तक कोई निवेश नहीं किया है, तो रेकरिंग डिपॉजिट से शुरुआत करें। साथ ही, यह एक आपातकालीन निधि या आकस्मिक निधि बनाने का एक अच्छा अवसर है। यह आपकी छोटी अवधि और लंबी अवधि के लिए हर महीने एक छोटी राशि बचाने का एक आदर्श तरीका हैवित्तीय लक्ष्यों.

आज ही आवर्ती जमा खाता खोलें और कल के लिए बचत करें!

समान विकल्प

म्यूचुअल फंड में मूलधन पर समान सुरक्षा के साथ आरडी से अधिक कमा सकते हैंनिवेश लिक्विड या अल्ट्रा शॉर्ट मेंगहरा संबंध फंड के रूप में वे प्रतिभूतियों में निवेश करते हैं जो 30 दिनों से लेकर साल तक परिपक्व होते हैं।

लिक्विड/अल्ट्रा शॉर्ट डेट म्यूचुअल फंड

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.

Research Highlights for Aditya Birla Sun Life Savings Fund

Highest AUM (₹18,819 Cr).
Established history (23+ yrs).
Top rated.
Risk profile: Moderately Low.
1Y return: 6.33% (top quartile).
1M return: 0.52% (upper mid).
Sharpe: 1.00 (top quartile).
Information ratio: 0.00 (top quartile).
Yield to maturity (debt): 7.42% (top quartile).
Modified duration: 0.47 yrs (lower mid).
Average maturity: 0.62 yrs (lower mid).
Exit load: NIL.
Top sector: Financial Services.
Top bond sector: Corporate.
Conservative stance with elevated cash (~45%).
High-quality debt (AAA/AA ~100%).
Largest holding India (Republic of) (~4.2%).

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 26)	₹592.369 ↓ -0.11 (-0.02 %)
Net Assets (Cr)	₹18,819 on 31 Aug 26
Category	Debt - Ultrashort Bond
AMC	Birla Sun Life Asset Management Co Ltd
Rating	☆☆☆☆☆
Risk	Moderately Low
Expense Ratio	0.57
Sharpe Ratio	1
Information Ratio	0
Alpha Ratio	0
Min Investment	1,000
Min SIP Investment	1,000
Exit Load	NIL
Yield to Maturity	7.42%
Effective Maturity	7 Months 13 Days
Modified Duration	5 Months 19 Days

Growth of 10,000 investment over the years.

Date	Value
31 Aug 21	₹10,000
31 Aug 22	₹10,392
31 Aug 23	₹11,106
31 Aug 24	₹11,931
31 Aug 25	₹12,877
31 Aug 26	₹13,697

Aditya Birla Sun Life Savings Fund SIP 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 25 Sep 26

Duration	Returns
1 Month	0.5%
3 Month	1.6%
6 Month	3.5%
1 Year	6.3%
3 Year	7.2%
5 Year	6.5%
10 Year
15 Year
Since launch	7.4%

Historical performance (Yearly) on absolute basis

Year	Returns
2024	7.4%
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%

Fund Manager information for Aditya Birla Sun Life Savings Fund

Name	Since	Tenure
Sunaina Cunha	20 Jun 14	12.12 Yr.
Kaustubh Gupta	15 Jul 11	15.06 Yr.
Monika Gandhi	22 Mar 21	5.36 Yr.

Data below for Aditya Birla Sun Life Savings Fund as on 31 Aug 26

Asset Allocation

Asset Class	Value
Cash	44.74%
Debt	55.26%

Debt Sector Allocation

Sector	Value
Corporate	62.79%
Cash Equivalent	21.61%
Government	15.59%

Credit Quality

Rating	Value
AA	33.23%
AAA	66.77%

Top Securities Holdings / Portfolio

Name	Holding	Value	Quantity
India (Republic of) - \| -	4%	₹846 Cr	85,000,000
National Bank for Agriculture and Rural Development Domestic Bonds \| -	4%	₹736 Cr	15,300
Shriram Finance Limited Debentures \| -	3%	₹532 Cr	52,500
Vedanta Limited Debentures \| -	2%	₹451 Cr	44,500 ↑ 12,000
HDFC Bank Ltd. Debentures \| -	2%	₹447 Cr	9,000 ↑ 9,000
Bharti Telecom Limited Debentures \| -	2%	₹397 Cr	40,000
Muthoot Finance Limited Debentures \| -	2%	₹324 Cr	32,500 ↓ -2,500
Mankind Pharma Limited Debentures \| -	2%	₹321 Cr	32,000
Avanse Financial Services Limited Debentures \| -	1%	₹299 Cr	30,000
Piramal Finance Limited Debentures \| -	1%	₹281 Cr	28,000 ↓ -500

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.

Research Highlights for ICICI Prudential Ultra Short Term Fund

Upper mid AUM (₹15,974 Cr).
Established history (15+ yrs).
Rating: 3★ (upper mid).
Risk profile: Moderate.
1Y return: 6.23% (upper mid).
1M return: 0.50% (bottom quartile).
Sharpe: 1.00 (upper mid).
Information ratio: 0.00 (upper mid).
Yield to maturity (debt): 7.37% (upper mid).
Modified duration: 0.88 yrs (bottom quartile).
Average maturity: 1.30 yrs (bottom quartile).
Exit load: 0-1 Months (0.5%),1 Months and above(NIL).
Top sector: Energy.
Top bond sector: Corporate.
Conservative stance with elevated cash (~84%).
High-quality debt (AAA/AA ~100%).
Largest holding India (Republic of) (~3.1%).

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 26)	₹29.8772 ↓ -0.01 (-0.02 %)
Net Assets (Cr)	₹15,974 on 31 Aug 26
Category	Debt - Ultrashort Bond
AMC	ICICI Prudential Asset Management Company Limited
Rating	☆☆☆
Risk	Moderate
Expense Ratio	0.8
Sharpe Ratio	1
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	7.37%
Effective Maturity	1 Year 3 Months 18 Days
Modified Duration	10 Months 17 Days

Growth of 10,000 investment over the years.

Date	Value
31 Aug 21	₹10,000
31 Aug 22	₹10,380
31 Aug 23	₹11,069
31 Aug 24	₹11,869
31 Aug 25	₹12,755
31 Aug 26	₹13,556

ICICI Prudential Ultra Short Term Fund SIP 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 25 Sep 26

Duration	Returns
1 Month	0.5%
3 Month	1.5%
6 Month	3.5%
1 Year	6.2%
3 Year	7%
5 Year	6.3%
10 Year
15 Year
Since launch	7.4%

Historical performance (Yearly) on absolute basis

Year	Returns
2024	7.1%
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%

Fund Manager information for ICICI Prudential Ultra Short Term Fund

Name	Since	Tenure
Manish Banthia	15 Nov 16	9.71 Yr.
Ritesh Lunawat	15 Jun 17	9.13 Yr.

Data below for ICICI Prudential Ultra Short Term Fund as on 31 Aug 26

Asset Allocation

Asset Class	Value
Cash	83.62%
Debt	16.07%
Other	0.31%

Debt Sector Allocation

Sector	Value
Corporate	61.01%
Cash Equivalent	48.58%

Credit Quality

Rating	Value
AA	19.81%
AAA	80.19%

Top Securities Holdings / Portfolio

Name	Holding	Value	Quantity
India (Republic of) - \| -	3%	₹497 Cr	50,000,000
Small Industries Development Bank Of India Debentures \| -	2%	₹351 Cr	35,000
Vedanta Limited Debentures \| -	2%	₹343 Cr	34,000
National Bank For Agriculture And Rural Development Debentures \| -	2%	₹326 Cr	32,500
6.17% Govt Stock 2028 Sovereign Bonds \| -	2%	₹310 Cr	30,773,600
India (Republic of) - \| -	2%	₹297 Cr	30,000,000
RADHAKRISHNA SECURITISATION TRUST Unlisted bonds \| -	2%	₹271 Cr	275
Muthoot Finance Limited Debentures \| -	2%	₹251 Cr	25,000
National Bank For Agriculture And Rural Development Debentures \| -	2%	₹251 Cr	25,000 ↑ 10,000
AU Small Finance Bank Ltd. Debentures \| -	2%	₹244 Cr	5,000

3. 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.

Research Highlights for Nippon India Ultra Short Duration Fund

Lower mid AUM (₹12,447 Cr).
Established history (24+ yrs).
Rating: 2★ (bottom quartile).
Risk profile: Low.
1Y return: 6.19% (lower mid).
1M return: 0.50% (lower mid).
Sharpe: 0.96 (upper mid).
Information ratio: 0.00 (upper mid).
Yield to maturity (debt): 7.35% (upper mid).
Modified duration: 0.45 yrs (upper mid).
Average maturity: 0.59 yrs (upper mid).
Exit load: NIL.
Top sector: Financial Services.
Top bond sector: Corporate.
Conservative stance with elevated cash (~49%).
High-quality debt (AAA/AA ~100%).
Largest holding Tbill (~3.3%).

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 (25 Sep 26)	₹4,339.18 ↓ -0.72 (-0.02 %)
Net Assets (Cr)	₹12,447 on 31 Aug 26
Category	Debt - Ultrashort Bond
AMC	Nippon Life Asset Management Ltd.
Rating	☆☆
Risk	Low
Expense Ratio	1.12
Sharpe Ratio	0.96
Information Ratio	0
Alpha Ratio	0
Min Investment	100
Min SIP Investment	100
Exit Load	NIL
Yield to Maturity	7.35%
Effective Maturity	7 Months 4 Days
Modified Duration	5 Months 11 Days

Growth of 10,000 investment over the years.

Date	Value
31 Aug 21	₹10,000
31 Aug 22	₹10,393
31 Aug 23	₹11,057
31 Aug 24	₹11,832
31 Aug 25	₹12,682
31 Aug 26	₹13,469

Nippon India Ultra Short Duration Fund SIP Returns

Total investment amount is ₹180,000
expected amount after 3 Years is ₹200,132.
Net Profit of ₹20,132 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 25 Sep 26

Duration	Returns
1 Month	0.5%
3 Month	1.5%
6 Month	3.4%
1 Year	6.2%
3 Year	6.8%
5 Year	6.2%
10 Year
15 Year
Since launch	6.1%

Historical performance (Yearly) on absolute basis

Year	Returns
2024	6.8%
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%

Fund Manager information for Nippon India Ultra Short Duration Fund

Name	Since	Tenure
Vivek Sharma	1 Oct 13	12.84 Yr.
Kinjal Desai	25 May 18	8.19 Yr.
Akshay Sharma	1 Dec 22	3.67 Yr.
Amber Singhania	11 Mar 26	0.39 Yr.

Data below for Nippon India Ultra Short Duration Fund as on 31 Aug 26

Asset Allocation

Asset Class	Value
Cash	49.18%
Debt	50.56%
Other	0.26%

Debt Sector Allocation

Sector	Value
Corporate	63.53%
Cash Equivalent	25.76%
Government	10.46%

Credit Quality

Rating	Value
AA	32.64%
AAA	67.36%

Top Securities Holdings / Portfolio

Name	Holding	Value	Quantity
Tbill Sovereign Bonds \| -	3%	₹399 Cr	40,000,000
Nirma Limited Debentures \| -	3%	₹347 Cr	34,600
Vedanta Aluminium Metal Limited Debentures \| -	2%	₹291 Cr	29,000 ↑ 5,000
Aditya Birla Renewables Limited Debentures \| -	2%	₹251 Cr	25,000
Tbill Sovereign Bonds \| -	2%	₹249 Cr	25,000,000
Indian Bank Domestic Bonds \| -	2%	₹247 Cr	5,000
Indigrid Infrastructure Trust Debentures \| -	2%	₹240 Cr	2,400
Small Industries Development Bank of India Debentures \| -	2%	₹233 Cr	5,000 ↑ 5,000
Embassy Office Parks Reit Debentures \| -	2%	₹200 Cr	2,000
HDFC Bank Ltd. Debentures \| -	2%	₹199 Cr	4,000

4. Kotak Savings Fund

(Erstwhile Kotak Treasury Advantage Fund)

The investment objective of the Scheme is to generate returns through investments in debt and money market instruments with a view to reduce the interest rate risk. However, there is no assurance or guarantee that the investment objective of the scheme will be achieved.

Research Highlights for Kotak Savings Fund

Upper mid AUM (₹15,962 Cr).
Established history (22+ yrs).
Rating: 3★ (upper mid).
Risk profile: Moderately Low.
1Y return: 6.02% (bottom quartile).
1M return: 0.52% (upper mid).
Sharpe: 0.58 (bottom quartile).
Information ratio: 0.00 (lower mid).
Yield to maturity (debt): 7.25% (lower mid).
Modified duration: 0.39 yrs (top quartile).
Average maturity: 0.52 yrs (upper mid).
Exit load: NIL.
Higher exposure to Financial Services vs peer median.
Top bond sector: Corporate.
Conservative stance with elevated cash (~57%).
High-quality debt (AAA/AA ~100%).
Largest holding National Bank For Agriculture And Rural Development (~3.6%).

Below is the key information for Kotak Savings Fund

Kotak Savings Fund Growth
Launch Date	13 Aug 04
NAV (25 Sep 26)	₹46.1086 ↓ -0.01 (-0.02 %)
Net Assets (Cr)	₹15,962 on 31 Aug 26
Category	Debt - Ultrashort Bond
AMC	Kotak Mahindra Asset Management Co Ltd
Rating	☆☆☆
Risk	Moderately Low
Expense Ratio	0.81
Sharpe Ratio	0.58
Information Ratio	0
Alpha Ratio	0
Min Investment	5,000
Min SIP Investment	1,000
Exit Load	NIL
Yield to Maturity	7.25%
Effective Maturity	6 Months 7 Days
Modified Duration	4 Months 20 Days

Growth of 10,000 investment over the years.

Date	Value
31 Aug 21	₹10,000
31 Aug 22	₹10,357
31 Aug 23	₹11,036
31 Aug 24	₹11,807
31 Aug 25	₹12,658
31 Aug 26	₹13,421

Kotak Savings Fund SIP Returns

Total investment amount is ₹180,000
expected amount after 3 Years is ₹200,132.
Net Profit of ₹20,132 Invest Now

Returns for Kotak 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 26

Duration	Returns
1 Month	0.5%
3 Month	1.5%
6 Month	3.3%
1 Year	6%
3 Year	6.7%
5 Year	6.1%
10 Year
15 Year
Since launch	7.2%

Historical performance (Yearly) on absolute basis

Year	Returns
2024	6.8%
2023	7.2%
2022	6.8%
2021	4.5%
2020	3.2%
2019	5.8%
2018	7.8%
2017	7.4%
2016	6.7%
2015	8.2%

Fund Manager information for Kotak Savings Fund

Name	Since	Tenure
Deepak Agrawal	3 Aug 26	0 Yr.
Manu Sharma	3 Aug 26	0 Yr.

Data below for Kotak Savings Fund as on 31 Aug 26

Asset Allocation

Asset Class	Value
Cash	57.22%
Debt	42.48%
Other	0.3%

Debt Sector Allocation

Sector	Value
Corporate	56.74%
Cash Equivalent	23.7%
Government	19.27%

Credit Quality

Rating	Value
AA	18.26%
AAA	81.74%

Top Securities Holdings / Portfolio

Name	Holding	Value	Quantity
National Bank For Agriculture And Rural Development Debentures \| -	4%	₹577 Cr	57,500
India (Republic of) - \| -	3%	₹511 Cr	52,490,600 ↑ 52,490,600
Tamil Nadu (Government of) 0.0654% - \| -	3%	₹448 Cr	45,000,000
6.9% Maharashtra Sgs 2030 Sovereign Bonds \| -	2%	₹301 Cr	30,000,000
Mankind Pharma Limited Debentures \| -	2%	₹301 Cr	30,000
Muthoot Finance Limited Debentures \| -	2%	₹299 Cr	30,000
RADHAKRISHNA SECURITISATION TRUST Unlisted bonds \| -	1%	₹205 Cr	210
Vedanta Aluminium Metal Limited Debentures \| -	1%	₹201 Cr	20,000
TATA Projects Limited Debentures \| -	1%	₹200 Cr	20,000 ↑ 20,000
National Bank For Agriculture And Rural Development Debentures \| -	1%	₹200 Cr	20,000

5. DSP 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."

Research Highlights for DSP Money Manager Fund

Bottom quartile AUM (₹4,657 Cr).
Established history (20+ yrs).
Rating: 2★ (bottom quartile).
Risk profile: Moderately Low.
1Y return: 5.92% (bottom quartile).
1M return: 0.47% (bottom quartile).
Sharpe: 0.46 (bottom quartile).
Information ratio: 0.00 (bottom quartile).
Yield to maturity (debt): 7.21% (bottom quartile).
Modified duration: 0.60 yrs (bottom quartile).
Average maturity: 0.18 yrs (top quartile).
Exit load: NIL.
Top bond sector: Corporate.
Conservative stance with elevated cash (~56%).
High-quality debt (AAA/AA ~100%).
Largest holding 5.74% Govt Stock 2026 (~2.7%).

Below is the key information for DSP Money Manager Fund

DSP Money Manager Fund Growth
Launch Date	31 Jul 06
NAV (25 Sep 26)	₹3,656.78 ↓ -0.65 (-0.02 %)
Net Assets (Cr)	₹4,657 on 15 Aug 26
Category	Debt - Ultrashort Bond
AMC	DSP BlackRock Invmt Managers Pvt. Ltd.
Rating	☆☆
Risk	Moderately Low
Expense Ratio	1.02
Sharpe Ratio	0.46
Information Ratio	0
Alpha Ratio	0
Min Investment	1,000
Min SIP Investment	500
Exit Load	NIL
Yield to Maturity	7.21%
Effective Maturity	2 Months 5 Days
Modified Duration	7 Months 6 Days

Growth of 10,000 investment over the years.

Date	Value
31 Aug 21	₹10,000
31 Aug 22	₹10,317
31 Aug 23	₹10,955
31 Aug 24	₹11,713
31 Aug 25	₹12,545
31 Aug 26	₹13,290

DSP Money Manager Fund SIP Returns

Total investment amount is ₹180,000
expected amount after 3 Years is ₹197,169.
Net Profit of ₹17,169 Invest Now

Returns for DSP 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 25 Sep 26

Duration	Returns
1 Month	0.5%
3 Month	1.5%
6 Month	3.4%
1 Year	5.9%
3 Year	6.6%
5 Year	5.9%
10 Year
15 Year
Since launch	6.6%

Historical performance (Yearly) on absolute basis

Year	Returns
2024	6.7%
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%

Fund Manager information for DSP Money Manager Fund

Name	Since	Tenure
Karan Mundhra	31 May 21	5.17 Yr.
Shalini Vasanta	1 Jan 25	1.58 Yr.

Data below for DSP Money Manager Fund as on 15 Aug 26

Asset Allocation

Asset Class	Value
Cash	56.26%
Debt	43.74%

Debt Sector Allocation

Sector	Value
Corporate	64.59%
Government	18.67%
Cash Equivalent	16.74%

Credit Quality

Rating	Value
AA	17.79%
AAA	82.21%

Top Securities Holdings / Portfolio

Name	Holding	Value	Quantity
5.74% Govt Stock 2026 Sovereign Bonds \| -	3%	₹127 Cr	12,500,000
Cholamandalam Investment And Finance Company Limited Debentures \| -	2%	₹87 Cr	8,000
LIC Housing Finance Ltd Debentures \| -	2%	₹86 Cr	850 ↑ 500
Aditya Birla Renewables Limited Debentures \| -	2%	₹81 Cr	7,500
National Bank For Agriculture And Rural Development Debentures \| -	2%	₹80 Cr	7,500
6.38% Maharashtra Sdl 2027 Sovereign Bonds \| -	2%	₹78 Cr	7,500,000 ↑ 7,500,000
360 One Prime Limited Debentures \| -	2%	₹76 Cr	7,500
Piramal Finance Limited Debentures \| -	1%	₹59 Cr	5,500
LIC Housing Finance Ltd Debentures \| -	1%	₹53 Cr	5,000
Nuvama Wealth And Investment Limited Debentures \| -	1%	₹53 Cr	5,000

6. 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.

Research Highlights for SBI Magnum Ultra Short Duration Fund

Bottom quartile AUM (₹11,880 Cr).
Oldest track record among peers (27 yrs).
Rating: 3★ (lower mid).
Risk profile: Low.
1Y return: 6.23% (upper mid).
1M return: 0.53% (top quartile).
Sharpe: 0.92 (lower mid).
Information ratio: 0.00 (bottom quartile).
Yield to maturity (debt): 7.18% (bottom quartile).
Modified duration: 0.41 yrs (upper mid).
Average maturity: 0.65 yrs (bottom quartile).
Exit load: NIL.
Higher exposure to Financial Services vs peer median.
Top bond sector: Corporate.
Conservative stance with elevated cash (~104%).
High-quality debt (AAA/AA ~100%).
Largest holding India (Republic of) (~6.8%).

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 26)	₹6,440.85 ↓ -0.29 (0.00 %)
Net Assets (Cr)	₹11,880 on 31 Aug 26
Category	Debt - Ultrashort Bond
AMC	SBI Funds Management Private Limited
Rating	☆☆☆
Risk	Low
Expense Ratio	0.54
Sharpe Ratio	0.92
Information Ratio	0
Alpha Ratio	0
Min Investment	5,000
Min SIP Investment	500
Exit Load	NIL
Yield to Maturity	7.18%
Effective Maturity	7 Months 24 Days
Modified Duration	4 Months 28 Days

Growth of 10,000 investment over the years.

Date	Value
31 Aug 21	₹10,000
31 Aug 22	₹10,359
31 Aug 23	₹11,046
31 Aug 24	₹11,849
31 Aug 25	₹12,721
31 Aug 26	₹13,512

SBI Magnum Ultra Short Duration Fund SIP Returns

Total investment amount is ₹180,000
expected amount after 3 Years is ₹200,132.
Net Profit of ₹20,132 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 26

Duration	Returns
1 Month	0.5%
3 Month	1.6%
6 Month	3.4%
1 Year	6.2%
3 Year	6.9%
5 Year	6.3%
10 Year
15 Year
Since launch	7%

Historical performance (Yearly) on absolute basis

Year	Returns
2024	7%
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%

Fund Manager information for SBI Magnum Ultra Short Duration Fund

Name	Since	Tenure
Sudhir Agrawal	15 May 25	1.21 Yr.

Data below for SBI Magnum Ultra Short Duration Fund as on 31 Aug 26

Asset Allocation

Asset Class	Value
Cash	103.58%
Other	0.42%

Debt Sector Allocation

Sector	Value
Corporate	56.25%
Cash Equivalent	55.94%

Credit Quality

Rating	Value
AA	21.86%
AAA	78.14%

Top Securities Holdings / Portfolio

Name	Holding	Value	Quantity
India (Republic of) - \| -	7%	₹792 Cr	80,000,000
TATA Communications Limited Debentures \| -	5%	₹550 Cr	55,000
Muthoot Finance Limited Debentures \| -	3%	₹324 Cr	32,500
Adani Power Limited Debentures \| -	3%	₹299 Cr	30,000
Avanse Financial Services Limited Debentures \| -	2%	₹249 Cr	25,000
RADHAKRISHNA SECURITISATION TRUST Unlisted bonds \| -	2%	₹249 Cr	255
Muthoot Finance Limited Debentures \| -	2%	₹199 Cr	20,000
Eris Lifesciences Limited Debentures \| -	1%	₹150 Cr	15,000
TATA Motors Limited Debentures \| -	1%	₹150 Cr	1,500
7.03% Chhattisgarh Sdl 2026 Sovereign Bonds \| -	1%	₹150 Cr	15,000,000

Disclaimer:
यहां प्रदान की गई जानकारी सटीक है, यह सुनिश्चित करने के लिए सभी प्रयास किए गए हैं। हालांकि, डेटा की शुद्धता के संबंध में कोई गारंटी नहीं दी जाती है। कृपया कोई भी निवेश करने से पहले योजना सूचना दस्तावेज के साथ सत्यापित करें।