Table of Contents

आवर्ती जमा (आरडी)
सावधि जमा (एफडी)
आवर्ती जमा बनाम सावधि जमा
आवर्ती जमा बनाम सावधि जमा: अधिक कमाई कहां से करें?
अन्य विकल्प
- लिक्विड/अल्ट्रा शॉर्ट डेट म्यूचुअल फंड
Top 10 Funds

आवर्ती जमा बनाम सावधि जमा: कौन सा बेहतर है?

Updated on December 16, 2024 , 9806 views

आवर्ती जमा बनाम सावधि जमा? सोच रहे हैं कि अपना पैसा कहां बचाएं? खैर, कई बार निवेशक भ्रमित हो जाते हैं कि आवर्ती जमा (आरडी) में निवेश करें या सावधि जमा (एफडी) हालांकि वे सबसे लोकप्रिय बचत योजनाएं हैं, विशेष रूप से जोखिम से बचने वाले निवेशकों के बीच, यह समझना महत्वपूर्ण है कि आरडी और एफडी एक दूसरे से कैसे भिन्न हैं और कौन सा बेहतर हैनिवेश विकल्प।

आवर्ती जमा (आरडी)

आरडी एक हैवित्तीय साधन मुख्य रूप से बचत को प्रोत्साहित करने की दिशा में निर्देशित। इस योजना में, निवेशकों के पास हर महीने एक विशिष्ट राशि को या तो एक में बचाने की सुविधा होती हैबैंकया वित्तीय संस्थान का आरडी खाता पूर्व निर्धारित अवधि के लिए और इस राशि पर ब्याज अर्जित करें। परिपक्वता पर, मूल राशि के साथ ब्याज का भुगतान किया जाता है।

सावधि जमा (एफडी)

सावधि जमा एक प्रकार के वित्तीय साधन हैं जो बैंकों द्वारा एक निश्चित पूर्वनिर्धारित अवधि के लिए प्रदान किए जाते हैं और aब्याज की निश्चित दर. इस योजना में FD खाता बनाते समय एक बार एक निश्चित राशि जमा की जाती है। कार्यकाल के अंत में, चुने हुए कार्यकाल के लिए ब्याज राशि की गणना मूल राशि के साथ की जाती है और कुल राशि का भुगतान संचयी रूप से किया जाता है।

आवर्ती जमा बनाम सावधि जमा

मापदंडों	आवर्ती जमा (आरडी)	सावधि जमा (एफडी)
कार्यकाल	आरडी का कार्यकाल आमतौर पर 6 महीने से लेकर 10 साल तक होता है	FD योजना का कार्यकाल 7 दिनों से 10 वर्ष के बीच होता है
ब्याज गणना	कंपाउंडिंग आम तौर पर आरडी योजना के लिए हर तिमाही पर ब्याज मिलता है	FD में, चक्रवृद्धि ब्याज की गणना हर साल अर्जित ब्याज पर की जाती है
पात्रता	सभी निवासी भारतीय और हिंदू अविभाजित परिवार (HUF) RD खाता खोलने के पात्र हैं। यह खाता नाबालिगों के लिए उनके माता-पिता या कानूनी अभिभावकों द्वारा भी खोला जा सकता है	सभी निवासी भारतीय और हिंदू अविभाजित परिवार (एचयूएफ) एक सावधि जमा खाता खोलने के पात्र हैं
कर लाभ	इस योजना में कोई कर लाभ नहीं दिया जाता है	सावधि जमा के लिए, के तहत कर छूटधारा 80सी काआयकर अधिनियम 1961 लागू है। यह 5 साल से अधिक की जमाराशियों के लिए लागू है (मौजूदा कानूनों के अनुसार)
प्रतिफल दर	ब्याज दर FD के समान है लेकिन आमतौर पर, कार्यकाल और मासिक निवेश राशि पर निर्भर करती है	ब्याज दर RD के समान है लेकिन निर्भर करती हैराजधानी और कार्यकाल चुना गया
अतिरिक्त लाभ	अधिकांश बैंक जमा मूल्य के 90% तक ऋण प्रदान करते हैं	अधिकांश बैंक जमा मूल्य के 70% - 90% तक ऋण प्रदान करते हैं।
निकासी	कुछ मामलों में, बिना दंड के समय से पहले निकासी की अनुमति है। जबकि कुछ बैंक जुर्माना लगा सकते हैं	दंड के साथ समयपूर्व निकासी की अनुमति है
आय रुचि	आरडी पर अर्जित ब्याज कर योग्य है और अधिकांश बैंक टीडीएस काटते हैं	FD पर अर्जित ब्याज कर योग्य है और अधिकांश बैंक TDS काटते हैं

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आवर्ती जमा बनाम सावधि जमा: अधिक कमाई कहां से करें?

चूंकि आरडी और एफडी दोनों जोखिम से बचने वाले निवेशकों के लिए उपयुक्त हैं, इसलिए अंतिम विकल्प किसी की जरूरतों पर निर्भर करता है। एक FD खाते में, जमा की गई प्रारंभिक एकमुश्त राशि पर ब्याज संयोजित होता है। जमा की गई पूरी राशि पर एक साल का ब्याज मिलता है। हालांकि, आरडी में, केवल पहली जमा राशि पर पहले साल यानी 12 महीने के लिए ब्याज मिलता है। दूसरी जमा राशि पर 11 महीने के लिए, तीसरे पर 10 महीने के लिए ब्याज मिलता है, इत्यादि। कंपाउंडिंग प्रभाव सावधि जमा को निवेशकों के लिए उच्च रिटर्न उत्पन्न करने में सक्षम बनाता है।

हालांकि समय के साथ, कोई व्यक्ति सावधि जमा (उदाहरण नीचे दिखाया गया है) के साथ अधिक पैसा कमा सकता है, लेकिन इसमें मासिक छोटी राशि जमा करने में सक्षम होने के मामले में आवर्ती जमा खाते की लचीलापन नहीं है। इसलिए, जिनके पास निवेश करने के लिए एकमुश्त राशि नहीं है, वे मासिक निवेश को प्राथमिकता दे सकते हैं।

बेहतर समझ के लिए, हमने दोनों योजनाओं में अंतर को स्पष्ट किया है। इसलिए उपयोगकर्ता स्पष्ट रूप से समझ सकते हैं और अच्छी तरह से चुन सकते हैं।

चित्रण:

आइए मान लें कि आप निवेश करते हैंINR 1000 (मासिक एक वर्ष के लिए) एक आवर्ती जमा में और आपने एकमुश्त निवेश किया हैINR 12,000 वर्ष की शुरुआत में सावधि जमा में। ये दोनों उत्पाद आपको तिमाही चक्रवृद्धि ब्याज 9 प्रतिशत प्रदान करते हैं। ऐसाआय इन दो योजनाओं में से नीचे दिया गया है-

विवरण	आवर्ती जमा (आरडी)	सावधि जमा (एफडी)
निवेश की गई राशि	INR 5,000 (मासिक)	INR 60,000 (एकमुश्त)
कार्यकाल	12 महीने	12 महीने
वार्षिक ब्याज दरें	6%	6%
अर्जित की गई कुल राशि	INR 61,986	INR 63,701
शुद्ध लाभ	INR 1,986	INR 3,701

अब जब आप RD और FD के बीच मुख्य अंतर जानते हैं, तो आप किसी एक को चुन सकते हैं और समझदारी से निवेश कर सकते हैं। हालांकि FD, RD की तुलना में बेहतर ग्रोथ देता है, लेकिन ज्यादातर समय, आपकी सभी जरूरतों को पूरा करने के लिए किसी एक इंस्ट्रूमेंट के लिए संभव नहीं है। इसलिए, जब आपके पास निवेश करने के लिए एकमुश्त राशि नहीं है, तो आप हर महीने अपनी आय में से एक छोटी राशि बचा सकते हैं और एक आवर्ती जमा में निवेश कर सकते हैं!

अन्य विकल्प

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.

Aditya Birla Sun Life Savings Fund is a Debt - Ultrashort Bond fund was launched on 16 Apr 03. It is a fund with Moderately Low risk and has given a CAGR/Annualized return of 7.4% since its launch. Ranked 6 in Ultrashort Bond category. Return for 2023 was 7.2% , 2022 was 4.8% and 2021 was 3.9% .

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 (19 Dec 24)	₹526.022 ↑ 0.13 (0.02 %)
Net Assets (Cr)	₹15,098 on 31 Oct 24
Category	Debt - Ultrashort Bond
AMC	Birla Sun Life Asset Management Co Ltd
Rating	☆☆☆☆☆
Risk	Moderately Low
Expense Ratio	0.54
Sharpe Ratio	2.85
Information Ratio	0
Alpha Ratio	0
Min Investment	1,000
Min SIP Investment	1,000
Exit Load	NIL
Yield to Maturity	7.78%
Effective Maturity	7 Months 24 Days
Modified Duration	5 Months 19 Days

Growth of 10,000 investment over the years.

Date	Value
30 Nov 19	₹10,000
30 Nov 20	₹10,719
30 Nov 21	₹11,139
30 Nov 22	₹11,639
30 Nov 23	₹12,472
30 Nov 24	₹13,436

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 19 Dec 24

Duration	Returns
1 Month	0.6%
3 Month	2%
6 Month	3.8%
1 Year	7.8%
3 Year	6.5%
5 Year	6.1%
10 Year
15 Year
Since launch	7.4%

Historical performance (Yearly) on absolute basis

Year	Returns
2023	7.2%
2022	4.8%
2021	3.9%
2020	7%
2019	8.5%
2018	7.6%
2017	7.2%
2016	9.2%
2015	8.9%
2014	9.7%

Fund Manager information for Aditya Birla Sun Life Savings Fund

Name	Since	Tenure
Sunaina Cunha	20 Jun 14	10.46 Yr.
Kaustubh Gupta	15 Jul 11	13.39 Yr.
Monika Gandhi	22 Mar 21	3.7 Yr.

Data below for Aditya Birla Sun Life Savings Fund as on 31 Oct 24

Asset Allocation

Asset Class	Value
Cash	44.4%
Debt	55.34%
Other	0.25%

Debt Sector Allocation

Sector	Value
Corporate	53.84%
Cash Equivalent	39.09%
Government	6.82%

Credit Quality

Rating	Value
AA	35.54%
AAA	64.46%

Top Securities Holdings / Portfolio

Name	Holding	Value	Quantity
National Housing Bank 7.83% Debentures \| -	5%	₹821 Cr	82,000
Aditya BSL Liquid Dir Gr Investment Fund \| -	5%	₹751 Cr	18,413,893 ↑ 18,413,893
Shriram Finance Company Limited Debentures \| -	4%	₹602 Cr	60,000
Nirma Limited Debentures \| -	3%	₹487 Cr	48,500 ↓ -1,500
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%	₹326 Cr	32,500
Bharti Telecom Limited Debentures \| -	2%	₹325 Cr	3,250
7.3% Govt Stock 2028 Sovereign Bonds \| -	2%	₹317 Cr	31,500,000
Bajaj Housing Finance Ltd. 8% Debentures \| -	2%	₹301 Cr	30,000

2. Nippon India Ultra Short Duration Fund

(Erstwhile Reliance Liquid Fund - Cash Plan)

The investment objective of the Scheme is to generate optimal returns consistent with moderate levels of risk and high liquidity. Accordingly, investments shall predominantly be made in Debt and Money Market Instruments.

Nippon India Ultra Short Duration Fund is a Debt - Ultrashort Bond fund was launched on 7 Dec 01. It is a fund with Low risk and has given a CAGR/Annualized return of 6.1% since its launch. Ranked 62 in Ultrashort Bond category. Return for 2023 was 6.7% , 2022 was 4.6% and 2021 was 7.8% .

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 (19 Dec 24)	₹3,876.72 ↑ 0.43 (0.01 %)
Net Assets (Cr)	₹8,313 on 31 Oct 24
Category	Debt - Ultrashort Bond
AMC	Nippon Life Asset Management Ltd.
Rating	☆☆
Risk	Low
Expense Ratio	1.14
Sharpe Ratio	0.54
Information Ratio	0
Alpha Ratio	0
Min Investment	100
Min SIP Investment	100
Exit Load	NIL
Yield to Maturity	7.73%
Effective Maturity	6 Months 17 Days
Modified Duration	5 Months 14 Days

Growth of 10,000 investment over the years.

Date	Value
30 Nov 19	₹10,000
30 Nov 20	₹10,511
30 Nov 21	₹11,330
30 Nov 22	₹11,831
30 Nov 23	₹12,621
30 Nov 24	₹13,528

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 19 Dec 24

Duration	Returns
1 Month	0.5%
3 Month	1.8%
6 Month	3.5%
1 Year	7.2%
3 Year	6.1%
5 Year	6.2%
10 Year
15 Year
Since launch	6.1%

Historical performance (Yearly) on absolute basis

Year	Returns
2023	6.7%
2022	4.6%
2021	7.8%
2020	4.9%
2019	0.9%
2018	7.3%
2017	5.8%
2016	6.8%
2015	7.6%
2014	8.4%

Fund Manager information for Nippon India Ultra Short Duration Fund

Name	Since	Tenure
Vivek Sharma	1 Oct 13	11.18 Yr.
Kinjal Desai	25 May 18	6.53 Yr.
Akshay Sharma	1 Dec 22	2 Yr.

Data below for Nippon India Ultra Short Duration Fund as on 31 Oct 24

Asset Allocation

Asset Class	Value
Cash	68.32%
Debt	31.48%
Other	0.2%

Debt Sector Allocation

Sector	Value
Cash Equivalent	51.11%
Corporate	45.09%
Government	3.61%

Credit Quality

Rating	Value
AA	14.28%
AAA	85.72%

Top Securities Holdings / Portfolio

Name	Holding	Value	Quantity
191 DTB 12/12/2024 Sovereign Bonds \| -	4%	₹349 Cr	35,000,000
182 D Tbill Mat - 14/02/2025 Sovereign Bonds \| -	4%	₹286 Cr	29,000,000
PNb Housing Finance Limited Debentures \| -	3%	₹225 Cr	22,500
Can Fin Homes Limited Debentures \| -	3%	₹199 Cr	2,000
National Bank For Agriculture And Rural Development Debentures \| -	3%	₹199 Cr	2,000
Small Industries Development Bank Of India Debentures \| -	3%	₹199 Cr	2,000 ↑ 1,000
Indinfravit Trust Debentures \| -	2%	₹189 Cr	19,500
Rec Limited Debentures \| -	2%	₹182 Cr	1,850
HDFC Credila Financial Services Ltd Debentures \| -	1%	₹100 Cr	10,000
Piramal Capital & Housing Finance Ltd Debentures \| -	1%	₹100 Cr	10,000

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 6.8% since its launch. Ranked 27 in Ultrashort Bond category. Return for 2023 was 6.7% , 2022 was 4.2% and 2021 was 6.1% .

Below is the key information for UTI Ultra Short Term Fund

UTI Ultra Short Term Fund Growth
Launch Date	29 Aug 03
NAV (19 Dec 24)	₹4,081.28 ↑ 0.39 (0.01 %)
Net Assets (Cr)	₹3,046 on 31 Oct 24
Category	Debt - Ultrashort Bond
AMC	UTI Asset Management Company Ltd
Rating	☆☆☆☆
Risk	Moderately Low
Expense Ratio	0.96
Sharpe Ratio	0.69
Information Ratio	0
Alpha Ratio	0
Min Investment	5,000
Min SIP Investment	500
Exit Load	NIL
Yield to Maturity	7.63%
Effective Maturity	5 Months 7 Days
Modified Duration	4 Months 27 Days

Growth of 10,000 investment over the years.

Date	Value
30 Nov 19	₹10,000
30 Nov 20	₹10,540
30 Nov 21	₹11,193
30 Nov 22	₹11,633
30 Nov 23	₹12,417
30 Nov 24	₹13,308

UTI Ultra Short Term 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 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 19 Dec 24

Duration	Returns
1 Month	0.5%
3 Month	1.7%
6 Month	3.5%
1 Year	7.2%
3 Year	6%
5 Year	5.9%
10 Year
15 Year
Since launch	6.8%

Historical performance (Yearly) on absolute basis

Year	Returns
2023	6.7%
2022	4.2%
2021	6.1%
2020	5.3%
2019	3.3%
2018	7%
2017	6.6%
2016	8.9%
2015	8.5%
2014	8.8%

Fund Manager information for UTI Ultra Short Term Fund

Name	Since	Tenure
Ritesh Nambiar	1 Jul 15	9.43 Yr.

Data below for UTI Ultra Short Term Fund as on 31 Oct 24

Asset Allocation

Asset Class	Value
Cash	67.71%
Debt	32.09%
Other	0.19%

Debt Sector Allocation

Sector	Value
Cash Equivalent	54.4%
Corporate	43.77%
Government	1.63%

Credit Quality

Rating	Value
AA	21.4%
AAA	78.6%

Top Securities Holdings / Portfolio

Name	Holding	Value	Quantity
National Bank For Agriculture And Rural Development Debentures \| -	5%	₹149 Cr	1,500
Bajaj Housing Finance Limited Debentures \| -	3%	₹100 Cr	1,000
HDFC Bank Limited Debentures \| -	2%	₹75 Cr	7,500
Shriram Transport Finance Company Limited Debentures \| -	2%	₹50 Cr	5,000
ICICI Home Finance Company Limited Debentures \| -	2%	₹50 Cr	5,000
Kotak Mahindra Prime Limited Debentures \| -	2%	₹50 Cr	500 ↑ 500
Hdb Financial Services Limited Debentures \| -	2%	₹50 Cr	500
India Grid TRust Debentures \| -	2%	₹50 Cr	500
Can Fin Homes Limited Debentures \| -	2%	₹50 Cr	500
Can Fin Homes Limited Debentures \| -	2%	₹50 Cr	500

4. ICICI Prudential Ultra Short Term Fund

(Erstwhile ICICI Prudential Regular Income Fund)

The fund’s objective is to generate regular income through investments primarily in debt and money market instruments. As a secondary objective, the Scheme also seeks to generate long term capital appreciation from the portion of equity investments under the Scheme.

ICICI Prudential Ultra Short Term Fund is a Debt - Ultrashort Bond fund was launched on 3 May 11. It is a fund with Moderate risk and has given a CAGR/Annualized return of 7.4% since its launch. Ranked 27 in Ultrashort Bond category. Return for 2023 was 6.9% , 2022 was 4.5% and 2021 was 4% .

Below is the key information for ICICI Prudential Ultra Short Term Fund

ICICI Prudential Ultra Short Term Fund Growth
Launch Date	3 May 11
NAV (19 Dec 24)	₹26.6202 ↑ 0.00 (0.01 %)
Net Assets (Cr)	₹14,206 on 31 Oct 24
Category	Debt - Ultrashort Bond
AMC	ICICI Prudential Asset Management Company Limited
Rating	☆☆☆
Risk	Moderate
Expense Ratio	0.86
Sharpe Ratio	1.73
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	7.53%
Effective Maturity	5 Months 16 Days
Modified Duration	5 Months 1 Day

Growth of 10,000 investment over the years.

Date	Value
30 Nov 19	₹10,000
30 Nov 20	₹10,677
30 Nov 21	₹11,105
30 Nov 22	₹11,583
30 Nov 23	₹12,385
30 Nov 24	₹13,303

ICICI Prudential Ultra Short Term 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 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 19 Dec 24

Duration	Returns
1 Month	0.5%
3 Month	1.8%
6 Month	3.6%
1 Year	7.5%
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	6.9%
2022	4.5%
2021	4%
2020	6.5%
2019	8.4%
2018	7.5%
2017	6.9%
2016	9.8%
2015	9.1%
2014	14.8%

Fund Manager information for ICICI Prudential Ultra Short Term Fund

Name	Since	Tenure
Manish Banthia	15 Nov 16	8.05 Yr.
Ritesh Lunawat	15 Jun 17	7.47 Yr.

Data below for ICICI Prudential Ultra Short Term Fund as on 31 Oct 24

Asset Allocation

Asset Class	Value
Cash	59.36%
Debt	40.4%
Other	0.24%

Debt Sector Allocation

Sector	Value
Corporate	49.72%
Cash Equivalent	40.03%
Government	9.31%
Securitized	0.71%

Credit Quality

Rating	Value
AA	16.21%
AAA	83.79%

Top Securities Holdings / Portfolio

Name	Holding	Value	Quantity
364 Days T - Bill- 06/02/2025 Sovereign Bonds \| -	3%	₹394 Cr	40,000,000
364 DTB 13032025 Sovereign Bonds \| -	3%	₹392 Cr	40,000,000
LIC Housing Finance Limited Debentures \| -	3%	₹385 Cr	3,850
Small Industries Development Bank Of India Debentures \| -	3%	₹373 Cr	3,750
Bharti Telecom Limited Debentures \| -	2%	₹326 Cr	32,500
India (Republic of) - \| -	2%	₹298 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 ↑ 2,250
Oberoi Realty Ltd. Debentures \| -	1%	₹200 Cr	20,000

5. DSP BlackRock Money Manager Fund

"The primary investment objective of the Scheme is to seek to generate reasonable returns commensurate with low risk and a high degree of liquidity, from a portfolio constituted of money market securities and high quality debt securities. However, there can be no assurance that the investment objective of the Scheme will be realized."

DSP BlackRock Money Manager Fund is a Debt - Ultrashort Bond fund was launched on 31 Jul 06. It is a fund with Moderately Low risk and has given a CAGR/Annualized return of 6.7% since its launch. Ranked 75 in Ultrashort Bond category. Return for 2023 was 6.7% , 2022 was 4.1% and 2021 was 2.9% .

Below is the key information for DSP BlackRock Money Manager Fund

DSP BlackRock Money Manager Fund Growth
Launch Date	31 Jul 06
NAV (19 Dec 24)	₹3,275.75 ↑ 0.25 (0.01 %)
Net Assets (Cr)	₹3,258 on 31 Oct 24
Category	Debt - Ultrashort Bond
AMC	DSP BlackRock Invmt Managers Pvt. Ltd.
Rating	☆☆
Risk	Moderately Low
Expense Ratio	1.02
Sharpe Ratio	-0.79
Information Ratio	0
Alpha Ratio	0
Min Investment	1,000
Min SIP Investment	500
Exit Load	NIL
Yield to Maturity	7.48%
Effective Maturity	6 Months
Modified Duration	5 Months 8 Days

Growth of 10,000 investment over the years.

Date	Value
30 Nov 19	₹10,000
30 Nov 20	₹10,485
30 Nov 21	₹10,784
30 Nov 22	₹11,195
30 Nov 23	₹11,944
30 Nov 24	₹12,770

DSP BlackRock 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 BlackRock Money Manager Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 19 Dec 24

Duration	Returns
1 Month	0.5%
3 Month	1.7%
6 Month	3.4%
1 Year	7%
3 Year	5.9%
5 Year	5%
10 Year
15 Year
Since launch	6.7%

Historical performance (Yearly) on absolute basis

Year	Returns
2023	6.7%
2022	4.1%
2021	2.9%
2020	4.7%
2019	7.3%
2018	5%
2017	6%
2016	7.5%
2015	7.9%
2014	8.8%

Fund Manager information for DSP BlackRock Money Manager Fund

Name	Since	Tenure
Laukik Bagwe	1 Aug 24	0.33 Yr.
Karan Mundhra	31 May 21	3.51 Yr.

Data below for DSP BlackRock Money Manager Fund as on 31 Oct 24

Asset Allocation

Asset Class	Value
Cash	64.53%
Debt	35.25%
Other	0.22%

Debt Sector Allocation

Sector	Value
Corporate	49.14%
Cash Equivalent	46.72%
Government	3.92%

Credit Quality

Rating	Value
AA	7.54%
AAA	92.46%

Top Securities Holdings / Portfolio

Name	Holding	Value	Quantity
LIC Housing Finance Ltd Debentures \| -	5%	₹153 Cr	1,500
364 DTB 05122024 Sovereign Bonds \| -	4%	₹125 Cr	12,500,000
182 DTB 23012025 Sovereign Bonds \| -	3%	₹99 Cr	10,000,000
Power Finance Corporation Limited Debentures \| -	3%	₹93 Cr	900
182 DTB 30012025 Sovereign Bonds \| -	2%	₹59 Cr	6,000,000
Power Finance Corporation Ltd. Debentures \| -	2%	₹56 Cr	550
Bharti Telecom Limited Debentures \| -	2%	₹54 Cr	500
The Tata Power Company Limited Debentures \| -	2%	₹53 Cr	500
Can Fin Homes Limited Debentures \| -	2%	₹52 Cr	500
National Bank For Agriculture And Rural Development Debentures \| -	2%	₹52 Cr	500

6. Invesco India Ultra Short Term Fund

(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 CAGR/Annualized return of 7.1% since its launch. Ranked 40 in Ultrashort Bond category. Return for 2023 was 6.6% , 2022 was 4.1% and 2021 was 3% .

Below is the key information for Invesco India Ultra Short Term Fund

Invesco India Ultra Short Term Fund Growth
Launch Date	30 Dec 10
NAV (19 Dec 24)	₹2,592.98 ↑ 0.27 (0.01 %)
Net Assets (Cr)	₹1,265 on 31 Oct 24
Category	Debt - Ultrashort Bond
AMC	Invesco Asset Management (India) Private Ltd
Rating	☆☆☆
Risk	Moderate
Expense Ratio	0.74
Sharpe Ratio	0.88
Information Ratio	0
Alpha Ratio	0
Min Investment	5,000
Min SIP Investment	1,000
Exit Load	NIL
Yield to Maturity	7.47%
Effective Maturity	5 Months 28 Days
Modified Duration	5 Months 13 Days

Growth of 10,000 investment over the years.

Date	Value
30 Nov 19	₹10,000
30 Nov 20	₹10,524
30 Nov 21	₹10,841
30 Nov 22	₹11,255
30 Nov 23	₹12,001
30 Nov 24	₹12,891

Invesco India Ultra Short Term 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 Invesco India 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 19 Dec 24

Duration	Returns
1 Month	0.5%
3 Month	1.7%
6 Month	3.5%
1 Year	7.5%
3 Year	6%
5 Year	5.2%
10 Year
15 Year
Since launch	7.1%

Historical performance (Yearly) on absolute basis

Year	Returns
2023	6.6%
2022	4.1%
2021	3%
2020	5.1%
2019	7.6%
2018	7.3%
2017	7.1%
2016	9.1%
2015	8.3%
2014	10.1%

Fund Manager information for Invesco India Ultra Short Term Fund

Name	Since	Tenure
Krishna Cheemalapati	4 Jan 20	4.91 Yr.
Vikas Garg	27 Jul 21	3.35 Yr.

Data below for Invesco India Ultra Short Term Fund as on 31 Oct 24

Asset Allocation

Asset Class	Value
Cash	56.12%
Debt	43.73%
Other	0.14%

Debt Sector Allocation

Sector	Value
Corporate	46.51%
Cash Equivalent	43.55%
Government	9.79%

Credit Quality

Rating	Value
AA	19.68%
AAA	80.32%

Top Securities Holdings / Portfolio

Name	Holding	Value	Quantity
182 DTB 18102024 Sovereign Bonds \| -	5%	₹84 Cr	8,500,000 ↑ 7,500,000
Power Finance Corporation Ltd. Debentures \| -	3%	₹50 Cr	5,000,000 ↑ 2,500,000
91 DTB 03012025 Sovereign Bonds \| -	3%	₹50 Cr	5,000,000
TATA Steel Limited Debentures \| -	3%	₹45 Cr	4,500,000
Larsen & Toubro Ltd. 7.58% Debentures \| -	2%	₹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 \| -	1%	₹25 Cr	2,500,000
Bharti Telecom Limited Debentures \| -	1%	₹25 Cr	2,500,000 ↑ 1,500,000

7. 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.

Kotak Savings Fund is a Debt - Ultrashort Bond fund was launched on 13 Aug 04. It is a fund with Moderately Low risk and has given a CAGR/Annualized return of 7.2% since its launch. Ranked 44 in Ultrashort Bond category. Return for 2023 was 6.8% , 2022 was 4.5% and 2021 was 3.2% .

Below is the key information for Kotak Savings Fund

Kotak Savings Fund Growth
Launch Date	13 Aug 04
NAV (19 Dec 24)	₹41.2516 ↑ 0.00 (0.01 %)
Net Assets (Cr)	₹12,502 on 31 Oct 24
Category	Debt - Ultrashort Bond
AMC	Kotak Mahindra Asset Management Co Ltd
Rating	☆☆☆
Risk	Moderately Low
Expense Ratio	0.8
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	7.44%
Effective Maturity	7 Months 13 Days
Modified Duration	5 Months 19 Days

Growth of 10,000 investment over the years.

Date	Value
30 Nov 19	₹10,000
30 Nov 20	₹10,597
30 Nov 21	₹10,936
30 Nov 22	₹11,393
30 Nov 23	₹12,169
30 Nov 24	₹13,046

Kotak Savings 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 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 19 Dec 24

Duration	Returns
1 Month	0.5%
3 Month	1.8%
6 Month	3.5%
1 Year	7.3%
3 Year	6.1%
5 Year	5.5%
10 Year
15 Year
Since launch	7.2%

Historical performance (Yearly) on absolute basis

Year	Returns
2023	6.8%
2022	4.5%
2021	3.2%
2020	5.8%
2019	7.8%
2018	7.4%
2017	6.7%
2016	8.2%
2015	8.6%
2014	9.4%

Fund Manager information for Kotak Savings Fund

Name	Since	Tenure
Deepak Agrawal	15 Apr 08	16.64 Yr.
Manu Sharma	1 Nov 22	2.08 Yr.

Data below for Kotak Savings Fund as on 31 Oct 24

Asset Allocation

Asset Class	Value
Cash	60.18%
Debt	39.54%
Other	0.28%

Debt Sector Allocation

Sector	Value
Corporate	45.45%
Cash Equivalent	43.01%
Government	11.26%

Credit Quality

Rating	Value
AA	10.2%
AAA	89.8%

Top Securities Holdings / Portfolio

Name	Holding	Value	Quantity
182 DTB 15052025 Sovereign Bonds \| -	4%	₹484 Cr	50,000,000 ↑ 50,000,000
364 Days T - Bill- 06/02/2025 Sovereign Bonds \| -	3%	₹394 Cr	40,000,000
INDIA UNIVERSAL TRUST AL1 Unlisted bonds \| -	3%	₹368 Cr	386
Axis Bank Ltd. Debentures \| -	3%	₹338 Cr	35,000 ↑ 35,000
Mankind Pharma Ltd Debentures \| -	2%	₹301 Cr	30,000
LIC Housing Finance Ltd Debentures \| -	2%	₹298 Cr	3,000
182 DTB 12122024 Sovereign Bonds \| -	2%	₹254 Cr	25,500,000 ↓ -24,500,000
Nirma Limited 0.083% Debentures \| -	2%	₹250 Cr	25,000
Bharti Telecom Limited Debentures \| -	2%	₹226 Cr	2,250
182 DTB 23012025 Sovereign Bonds \| -	1%	₹198 Cr	20,000,000

8. 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 7.1% since its launch. Return for 2023 was 7% , 2022 was 4.5% and 2021 was 3.4% .

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 (19 Dec 24)	₹5,744.1 ↑ 0.84 (0.01 %)
Net Assets (Cr)	₹11,751 on 31 Oct 24
Category	Debt - Ultrashort Bond
AMC	SBI Funds Management Private Limited
Rating	☆☆☆
Risk	Low
Expense Ratio	0.54
Sharpe Ratio	2.47
Information Ratio	0
Alpha Ratio	0
Min Investment	5,000
Min SIP Investment	500
Exit Load	NIL
Yield to Maturity	7.42%
Effective Maturity	10 Months 13 Days
Modified Duration	5 Months 5 Days

Growth of 10,000 investment over the years.

Date	Value
30 Nov 19	₹10,000
30 Nov 20	₹10,605
30 Nov 21	₹10,962
30 Nov 22	₹11,417
30 Nov 23	₹12,213
30 Nov 24	₹13,120

SBI Magnum Ultra Short Duration 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 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 19 Dec 24

Duration	Returns
1 Month	0.5%
3 Month	1.8%
6 Month	3.6%
1 Year	7.4%
3 Year	6.2%
5 Year	5.6%
10 Year
15 Year
Since launch	7.1%

Historical performance (Yearly) on absolute basis

Year	Returns
2023	7%
2022	4.5%
2021	3.4%
2020	5.9%
2019	8%
2018	7.9%
2017	6.6%
2016	7.7%
2015	8.3%
2014	9%

Fund Manager information for SBI Magnum Ultra Short Duration Fund

Name	Since	Tenure
Arun R.	1 Jun 21	3.5 Yr.
Ardhendu Bhattacharya	1 Dec 23	1 Yr.
Pradeep Kesavan	1 Dec 23	1 Yr.

Data below for SBI Magnum Ultra Short Duration Fund as on 31 Oct 24

Asset Allocation

Asset Class	Value
Cash	53.98%
Debt	45.77%
Other	0.24%

Debt Sector Allocation

Sector	Value
Cash Equivalent	53.98%
Corporate	29.65%
Government	16.12%

Credit Quality

Rating	Value
AA	0.76%
AAA	99.24%

Top Securities Holdings / Portfolio

Name	Holding	Value	Quantity
7.3% Govt Stock 2028 Sovereign Bonds \| -	9%	₹1,133 Cr	112,500,000
LIC Housing Finance Ltd Debentures \| -	4%	₹496 Cr	5,000
National Bank For Agriculture And Rural Development Debentures \| -	3%	₹419 Cr	4,250
India Universal Trust Al1 Sovereign Bonds \| -	3%	₹400 Cr	400 ↑ 400
Power Finance Corporation Limited Debentures \| -	3%	₹384 Cr	3,850
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
182 DTB 020125 Sovereign Bonds \| -	2%	₹224 Cr	22,500,000 ↑ 22,500,000

9. Principal Ultra Short Term Fund

(Erstwhile Principal Retail Money Manager Fund)

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

Principal Ultra Short Term Fund is a Debt - Ultrashort Bond fund was launched on 28 Dec 07. It is a fund with Moderately Low risk and has given a CAGR/Annualized return of 5.8% since its launch. Ranked 43 in Ultrashort Bond category. Return for 2023 was 6.1% , 2022 was 3.7% and 2021 was 2.7% .

Below is the key information for Principal Ultra Short Term Fund

Principal Ultra Short Term Fund Growth
Launch Date	28 Dec 07
NAV (19 Dec 24)	₹2,594.5 ↑ 0.21 (0.01 %)
Net Assets (Cr)	₹1,845 on 31 Oct 24
Category	Debt - Ultrashort Bond
AMC	Principal Pnb Asset Mgmt. Co. Priv. Ltd.
Rating	☆☆☆
Risk	Moderately Low
Expense Ratio	1.41
Sharpe Ratio	-3.97
Information Ratio	0
Alpha Ratio	0
Min Investment	5,000
Min SIP Investment	2,000
Exit Load	NIL
Yield to Maturity	7.4%
Effective Maturity	5 Months 26 Days
Modified Duration	5 Months 16 Days

Growth of 10,000 investment over the years.

Date	Value
30 Nov 19	₹10,000
30 Nov 20	₹10,418
30 Nov 21	₹10,697
30 Nov 22	₹11,062
30 Nov 23	₹11,734
30 Nov 24	₹12,486

Principal Ultra Short Term Fund SIP Returns

Total investment amount is ₹180,000
expected amount after 3 Years is ₹194,235.
Net Profit of ₹14,235 Invest Now

Returns for Principal Ultra Short Term Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 19 Dec 24

Duration	Returns
1 Month	0.5%
3 Month	1.6%
6 Month	3.1%
1 Year	6.4%
3 Year	5.4%
5 Year	4.6%
10 Year
15 Year
Since launch	5.8%

Historical performance (Yearly) on absolute basis

Year	Returns
2023	6.1%
2022	3.7%
2021	2.7%
2020	4.1%
2019	6.5%
2018	1.2%
2017	6.3%
2016	7.9%
2015	8.8%
2014	9.4%

Fund Manager information for Principal Ultra Short Term Fund

Name	Since	Tenure
Dwijendra Srivastava	16 May 22	2.55 Yr.
Sandeep Agarwal	1 Jan 22	2.92 Yr.

Data below for Principal Ultra Short Term Fund as on 31 Oct 24

Asset Allocation

Asset Class	Value
Cash	72.33%
Debt	27.43%
Other	0.24%

Debt Sector Allocation

Sector	Value
Cash Equivalent	49.74%
Corporate	41.89%
Government	8.13%

Credit Quality

Rating	Value
AA	11.43%
AAA	88.57%

Top Securities Holdings / Portfolio

Name	Holding	Value	Quantity
Bharti Telecom Limited Debentures \| -	4%	₹70 Cr	7,000
182 DTB 13032025 Sovereign Bonds \| -	3%	₹64 Cr	6,500,000
TATA Steel Limited Debentures \| -	3%	₹60 Cr	600 ↑ 600
Axis Bank Ltd. Debentures \| -	2%	₹43 Cr	900 ↑ 900
LIC Housing Finance Ltd Debentures \| -	1%	₹30 Cr	300
PNb Housing Finance Limited Debentures \| -	1%	₹25 Cr	2,500
National Bank For Agriculture And Rural Development Debentures \| -	1%	₹25 Cr	2,500
Cholamandalam Investment And Fin. Co. Ltd Debentures \| -	1%	₹25 Cr	250,000
Hdb Financial Services Limited Debentures \| -	1%	₹25 Cr	250
National Bank For Agriculture And Rural Development Debentures \| -	1%	₹25 Cr	250

10. Aditya Birla Sun Life Liquid Fund

(Erstwhile Aditya Birla Sun Life Cash Plus Fund)

An Open-ended liquid scheme with the objective to provide reasonable returns at a high level of safety and liquidity through judicious investments in high quality debt and money market instruments.

Aditya Birla Sun Life Liquid Fund is a Debt - Liquid Fund fund was launched on 30 Mar 04. It is a fund with Low risk and has given a CAGR/Annualized return of 7% since its launch. Ranked 15 in Liquid Fund category. Return for 2023 was 7.1% , 2022 was 4.8% and 2021 was 3.3% .

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

Aditya Birla Sun Life Liquid Fund Growth
Launch Date	30 Mar 04
NAV (19 Dec 24)	₹405.556 ↑ 0.06 (0.02 %)
Net Assets (Cr)	₹48,377 on 31 Oct 24
Category	Debt - Liquid Fund
AMC	Birla Sun Life Asset Management Co Ltd
Rating	☆☆☆☆
Risk	Low
Expense Ratio	0.34
Sharpe Ratio	3.76
Information Ratio	0
Alpha Ratio	0
Min Investment	5,000
Min SIP Investment	500
Exit Load	NIL
Yield to Maturity	7.32%
Effective Maturity	2 Months 1 Day
Modified Duration	2 Months 1 Day

Growth of 10,000 investment over the years.

Date	Value
30 Nov 19	₹10,000
30 Nov 20	₹10,449
30 Nov 21	₹10,784
30 Nov 22	₹11,274
30 Nov 23	₹12,063
30 Nov 24	₹12,953

Aditya Birla Sun Life Liquid 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 Aditya Birla Sun Life Liquid Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 19 Dec 24

Duration	Returns
1 Month	0.5%
3 Month	1.7%
6 Month	3.5%
1 Year	7.4%
3 Year	6.4%
5 Year	5.3%
10 Year
15 Year
Since launch	7%

Historical performance (Yearly) on absolute basis

Year	Returns
2023	7.1%
2022	4.8%
2021	3.3%
2020	4.3%
2019	6.7%
2018	7.4%
2017	6.7%
2016	7.7%
2015	8.4%
2014	9.2%

Fund Manager information for Aditya Birla Sun Life Liquid Fund

Name	Since	Tenure
Sunaina Cunha	15 Jul 11	13.39 Yr.
Kaustubh Gupta	15 Jul 11	13.39 Yr.
Sanjay Pawar	1 Jul 22	2.42 Yr.
Dhaval Joshi	21 Nov 22	2.03 Yr.

Data below for Aditya Birla Sun Life Liquid Fund as on 31 Oct 24

Asset Allocation

Asset Class	Value
Cash	99.81%
Other	0.19%

Debt Sector Allocation

Sector	Value
Cash Equivalent	73.06%
Corporate	26.21%
Government	0.54%

Credit Quality

Rating	Value
AA	0.95%
AAA	99.05%

Top Securities Holdings / Portfolio

Name	Holding	Value	Quantity
Reverse Repo CBLO/Reverse Repo \| -	11%	₹6,096 Cr
91 DTB 05122024 Sovereign Bonds \| -	3%	₹1,581 Cr	158,665,400
Punjab National Bank Certificate of Deposit \| -	3%	₹1,487 Cr	30,000 ↑ 30,000
State Bank Of India Certificate of Deposit \| -	2%	₹1,244 Cr	25,000 ↑ 25,000
91 DTB 23012025 Sovereign Bonds \| -	2%	₹1,191 Cr	120,500,000
Reliance Retail Ventures Limited Commercial Paper \| -	2%	₹999 Cr	20,000 ↑ 20,000
Punjab National Bank Certificate of Deposit \| -	2%	₹989 Cr	20,000 ↑ 20,000
182 DTB 23012025 Sovereign Bonds \| -	2%	₹939 Cr	95,000,000
Punjab & Sind Bank Debentures \| -	2%	₹886 Cr	18,000 ↑ 18,000
National Bank For Agriculture And Rural Development Debentures \| -	2%	₹861 Cr	8,650 ↑ 8,650

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।