ریکرنگ ڈپازٹ بمقابلہ فکسڈ ڈپازٹ: کون سا بہتر ہے؟

Updated on February 26, 2026 , 10618 views

ریکرنگ ڈپازٹ بمقابلہ فکسڈ ڈپازٹ؟ سوچ رہے ہو کہ اپنا پیسہ کہاں بچانا ہے؟ ٹھیک ہے، کئی بار، سرمایہ کار اس الجھن میں پڑ جاتے ہیں کہ آیا ریکرنگ ڈپازٹ (RD) میں سرمایہ کاری کرنا ہے یا فکسڈ ڈپازٹ (ایف ڈی)۔ اگرچہ یہ سب سے زیادہ مقبول بچتی اسکیمیں ہیں، خاص طور پر خطرے سے بچنے والے سرمایہ کاروں کے درمیان، یہ سمجھنا ضروری ہے کہ RD اور FD ایک دوسرے سے کیسے مختلف ہیں اور کون سی بہتر ہے۔سرمایہ کاری اختیار

اعادی جمع (RD)

آر ڈی ایک ہے۔مالیاتی آلہ بنیادی طور پر بچت کی حوصلہ افزائی کی طرف ہدایت کی گئی ہے۔ اس اسکیم میں، سرمایہ کاروں کو ہر ماہ ایک مخصوص رقم بچانے کی لچک ہوتی ہے۔بینککا یا مالیاتی ادارے کا RD اکاؤنٹ پہلے سے طے شدہ مدت کے لیے ہے اور اس رقم پر سود حاصل کرتا ہے۔ میچورٹی پر، اصل رقم کے ساتھ سود ادا کیا جاتا ہے۔

فکسڈ ڈپازٹ (FD)

فکسڈ ڈپازٹ ایک قسم کے مالیاتی آلات ہیں جو بینکوں کی طرف سے ایک مقررہ پہلے سے طے شدہ مدت کے لیے فراہم کیے جاتے ہیں اورسود کی مقررہ شرح. اس اسکیم میں، FD اکاؤنٹ بناتے وقت ایک بار ایک مقررہ رقم جمع کی جاتی ہے۔ میعاد کے اختتام پر، منتخب مدت کے لیے سود کی رقم کا حساب اصل رقم کے ساتھ کیا جاتا ہے اور کل رقم مجموعی طور پر ادا کی جاتی ہے۔

ریکرنگ ڈپازٹ بمقابلہ فکسڈ ڈپازٹ

پیرامیٹرز	اعادی جمع (RD)	فکسڈ ڈپازٹ (FD)
دور	RD کی مدت عام طور پر 6 ماہ سے 10 سال تک ہوتی ہے۔	ایف ڈی اسکیم کی مدت 7 دن سے 10 سال کے درمیان ہے۔
سود کا حساب	مرکب RD اسکیم کے لیے عام طور پر ہر سہ ماہی میں دلچسپی ہوتی ہے۔	FD میں، مرکب سود کا حساب ہر سال جمع ہونے والے سود پر کیا جاتا ہے۔
اہلیت	تمام رہائشی ہندوستانی اور ہندو غیر منقسم خاندان (HUFs) RD اکاؤنٹ کھولنے کے اہل ہیں۔ یہ اکاؤنٹ نابالغوں کے لیے ان کے والدین یا قانونی سرپرست بھی کھول سکتے ہیں۔	تمام رہائشی ہندوستانی اور ہندو غیر منقسم خاندان (HUFs) فکسڈ ڈپازٹ اکاؤنٹ کھولنے کے اہل ہیں
ٹیکس فوائد	اس اسکیم میں کوئی ٹیکس فائدہ نہیں دیا جاتا ہے۔	فکسڈ ڈپازٹ کے لیے، کے تحت ٹیکس چھوٹسیکشن 80 سی کیانکم ٹیکس ایکٹ 1961 لاگو ہے۔ یہ 5 سال سے زیادہ کے ڈپازٹس پر لاگو ہوتا ہے (موجودہ قوانین کے مطابق)
واپسی کی شرح	شرح سود FD جیسی ہے لیکن عام طور پر مدت اور ماہانہ سرمایہ کاری کی رقم پر منحصر ہوتی ہے۔	شرح سود RD جیسی ہے لیکن اس پر منحصر ہے۔سرمایہ اور مدت کا انتخاب کیا۔
اضافی فوائد	زیادہ تر بینک ڈپازٹ ویلیو کے 90% تک قرضے پیش کرتے ہیں۔	زیادہ تر بینک ڈپازٹ ویلیو کے 70% - 90% تک قرضے پیش کرتے ہیں۔
واپسی	کچھ صورتوں میں، بغیر کسی جرمانے کے قبل از وقت واپسی کی اجازت ہے۔ جبکہ کچھ بینک جرمانہ وصول کر سکتے ہیں۔	جرمانے کے ساتھ قبل از وقت واپسی کی اجازت ہے۔
آمدنی دلچسپی	RD پر حاصل کردہ سود قابل ٹیکس ہے اور زیادہ تر بینک TDS کاٹتے ہیں۔	FD پر حاصل ہونے والا سود قابل ٹیکس ہے اور زیادہ تر بینک TDS کاٹتے ہیں۔

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ریکرنگ ڈپازٹ بمقابلہ فکسڈ ڈپازٹ: مزید کہاں سے کمایا جائے؟

چونکہ RD اور FD دونوں خطرے سے بچنے والے سرمایہ کاروں کے لیے موزوں ہیں، اس لیے حتمی انتخاب کسی کی ضروریات پر منحصر ہے۔ ایک FD اکاؤنٹ میں، سود کو جمع کی گئی ابتدائی یکمشت رقم پر مرکب کیا جاتا ہے۔ پوری جمع شدہ رقم ایک سال کے لیے سود حاصل کرتی ہے۔ تاہم، RD میں، صرف 1st ڈپازٹ ہی پہلے سال، یعنی 12 ماہ کے لیے سود حاصل کرتا ہے۔ دوسرا ڈپازٹ 11 ماہ کے لیے سود حاصل کرتا ہے، تیسرا 10 ماہ کے لیے، وغیرہ۔ مرکب اثر فکسڈ ڈپازٹس کو سرمایہ کاروں کے لیے زیادہ منافع پیدا کرنے کے قابل بناتا ہے۔

اگرچہ وقت گزرنے کے ساتھ، کوئی بھی فکسڈ ڈپازٹ کے ساتھ زیادہ پیسے کما سکتا ہے (مثال کے طور پر ذیل میں دکھایا گیا ہے)، لیکن اس میں ریکرینگ ڈپازٹ اکاؤنٹ کی لچک نہیں ہوتی ہے کہ وہ ماہانہ چھوٹی رقم جمع کر سکے۔ لہذا، وہ لوگ جن کے پاس سرمایہ کاری کرنے کے لیے یکمشت رقم نہیں ہے وہ ماہانہ سرمایہ کاری کو ترجیح دے سکتے ہیں۔

بہتر تفہیم کے لیے، ہم نے دونوں اسکیموں میں فرق کو واضح کیا ہے۔ لہذا صارفین واضح طور پر سمجھ سکتے ہیں اور اچھی طرح سے انتخاب کرسکتے ہیں۔

مثال:

آئیے فرض کریں کہ آپ سرمایہ کاری کرتے ہیں۔1000 روپے (ایک سال کے لیے ماہانہ) بار بار جمع ہونے والی جمع میں اور آپ نے یکمشت رقم کی سرمایہ کاری کی ہے۔12 روپے،000 سال کے آغاز میں فکسڈ ڈپازٹ میں۔ یہ دونوں پروڈکٹس آپ کو 9 فیصد سود کے ساتھ سہ ماہی کے حساب سے پیش کرتے ہیں۔ تو،کمائی ان دونوں اسکیموں میں سے ذیل میں دیا گیا ہے۔

تفصیلات	اعادی جمع (RD)	فکسڈ ڈپازٹ (FD)
سرمایہ کاری کی گئی رقم	INR 5,000 (ماہانہ)	INR 60,000 ( یکمشت)
دور	12 ماہ	12 ماہ
سالانہ شرح سود	6%	6%
کمائی گئی کل رقم	INR 61,986	INR 63,701
خالص منافع	INR 1,986	INR 3,701

اب جب آپ RD اور FD کے درمیان اہم فرق جانتے ہیں، تو آپ ایک کا انتخاب کر سکتے ہیں اور سمجھداری سے سرمایہ کاری کر سکتے ہیں۔ اگرچہ FD RD کے مقابلے میں بہتر ترقی دیتا ہے، زیادہ تر وقت، یہ ممکن نہیں ہوتا کہ کسی ایک آلے کے لیے آپ کی تمام ضروریات کو پورا کیا جا سکے۔ لہذا، جب آپ کے پاس سرمایہ کاری کرنے کے لیے یکمشت رقم نہیں ہے، تو آپ ہر ماہ اپنی آمدنی سے تھوڑی سی رقم بچا سکتے ہیں اور بار بار جمع ہونے والی جمع میں سرمایہ کاری کر سکتے ہیں!

دوسرے متبادل

مائع / الٹرا شارٹ ڈیبٹ میوچل فنڈز

1. 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

Lower mid AUM (₹3,547 Cr).
Established history (19+ yrs).
Rating: 2★ (bottom quartile).
Risk profile: Moderately Low.
1Y return: 6.33% (lower mid).
1M return: 0.56% (lower mid).
Sharpe: 0.90 (bottom quartile).
Information ratio: 0.00 (top quartile).
Yield to maturity (debt): 7.36% (top quartile).
Modified duration: 0.45 yrs (bottom quartile).
Average maturity: 0.62 yrs (bottom quartile).
Exit load: NIL.
Higher exposure to Corporate (bond sector) vs peer median.
Conservative stance with elevated cash (~51%).
High-quality debt (AAA/AA ~100%).
Largest holding National Bank For Agriculture And Rural Development (~5.0%).

Below is the key information for DSP Money Manager Fund

DSP Money Manager Fund Growth
Launch Date	31 Jul 06
NAV (27 Feb 26)	₹3,529.2 ↑ 0.63 (0.02 %)
Net Assets (Cr)	₹3,547 on 31 Jan 26
Category	Debt - Ultrashort Bond
AMC	DSP BlackRock Invmt Managers Pvt. Ltd.
Rating	☆☆
Risk	Moderately Low
Expense Ratio	1.02
Sharpe Ratio	0.9
Information Ratio	0
Alpha Ratio	0
Min Investment	1,000
Min SIP Investment	500
Exit Load	NIL
Yield to Maturity	7.36%
Effective Maturity	7 Months 13 Days
Modified Duration	5 Months 12 Days

Growth of 10,000 investment over the years.

Date	Value
28 Feb 21	₹10,000
28 Feb 22	₹10,306
28 Feb 23	₹10,768
29 Feb 24	₹11,510
28 Feb 25	₹12,308
28 Feb 26	₹13,086

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 27 Feb 26

Duration	Returns
1 Month	0.6%
3 Month	1.2%
6 Month	2.7%
1 Year	6.3%
3 Year	6.7%
5 Year	5.5%
10 Year
15 Year
Since launch	6.7%

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	4.67 Yr.
Shalini Vasanta	1 Jan 25	1.08 Yr.

Data below for DSP Money Manager Fund as on 31 Jan 26

Asset Allocation

Asset Class	Value
Cash	50.56%
Debt	48.98%
Other	0.46%

Debt Sector Allocation

Sector	Value
Corporate	67.98%
Cash Equivalent	20.14%
Government	11.42%

Credit Quality

Rating	Value
AA	19.85%
AAA	80.15%

Top Securities Holdings / Portfolio

Name	Holding	Value	Quantity
National Bank For Agriculture And Rural Development Debentures \| -	5%	₹176 Cr	17,000
5.63% Gs 2026 Sovereign Bonds \| -	5%	₹163 Cr	16,000,000 ↓ -1,500,000
Godrej Properties Limited Debentures \| -	4%	₹131 Cr	12,500
Piramal Finance Limited Debentures \| -	3%	₹103 Cr	10,000
Aadhar Housing Finance Limited Debentures \| -	3%	₹103 Cr	9,700
Aditya Birla Renewables Limited Debentures \| -	2%	₹78 Cr	7,500
Rec Limited Debentures \| -	2%	₹77 Cr	7,500
National Bank For Agriculture And Rural Development Debentures \| -	2%	₹77 Cr	7,500
National Housing Bank Debentures \| -	1%	₹52 Cr	5,000
Cholamandalam Investment And Finance Company Limited Debentures \| -	1%	₹52 Cr	5,000

2. ICICI Prudential Ultra Short Term Fund

(Erstwhile ICICI Prudential Regular Income Fund)

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

Research Highlights for ICICI Prudential Ultra Short Term Fund

Highest AUM (₹17,808 Cr).
Established history (14+ yrs).
Rating: 3★ (upper mid).
Risk profile: Moderate.
1Y return: 6.86% (top quartile).
1M return: 0.60% (top quartile).
Sharpe: 2.06 (upper mid).
Information ratio: 0.00 (top quartile).
Yield to maturity (debt): 7.31% (top quartile).
Modified duration: 0.43 yrs (lower mid).
Average maturity: 0.53 yrs (lower mid).
Exit load: 0-1 Months (0.5%),1 Months and above(NIL).
Top sector: Energy.
Top bond sector: Corporate.
Conservative stance with elevated cash (~79%).
High-quality debt (AAA/AA ~100%).
Largest holding RADHAKRISHNA SECURITISATION TRUST (~2.5%).

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 (27 Feb 26)	₹28.8174 ↑ 0.00 (0.01 %)
Net Assets (Cr)	₹17,808 on 31 Jan 26
Category	Debt - Ultrashort Bond
AMC	ICICI Prudential Asset Management Company Limited
Rating	☆☆☆
Risk	Moderate
Expense Ratio	0.8
Sharpe Ratio	2.06
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	7.31%
Effective Maturity	6 Months 11 Days
Modified Duration	5 Months 5 Days

Growth of 10,000 investment over the years.

Date	Value
28 Feb 21	₹10,000
28 Feb 22	₹10,405
28 Feb 23	₹10,919
29 Feb 24	₹11,703
28 Feb 25	₹12,559
28 Feb 26	₹13,419

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 27 Feb 26

Duration	Returns
1 Month	0.6%
3 Month	1.3%
6 Month	2.9%
1 Year	6.9%
3 Year	7.1%
5 Year	6.1%
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	9.22 Yr.
Ritesh Lunawat	15 Jun 17	8.64 Yr.

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

Asset Allocation

Asset Class	Value
Cash	79.06%
Debt	20.67%
Other	0.27%

Debt Sector Allocation

Sector	Value
Corporate	57.59%
Cash Equivalent	51.73%

Credit Quality

Rating	Value
AA	17.57%
AAA	82.43%

Top Securities Holdings / Portfolio

Name	Holding	Value	Quantity
RADHAKRISHNA SECURITISATION TRUST Unlisted bonds \| -	3%	₹450 Cr	450
Vedanta Limited Debentures \| -	2%	₹351 Cr	35,000
Goi Floating Rate Bond 2028 Sovereign Bonds \| -	2%	₹311 Cr	30,843,000
Muthoot Finance Limited Debentures \| -	2%	₹303 Cr	30,000
Axis Bank Ltd. Debentures \| -	2%	₹281 Cr	6,000
Piramal Finance Limited Debentures \| -	1%	₹247 Cr	24,500 ↓ -3,000
Bank of Baroda Debentures \| -	1%	₹235 Cr	5,000
AU Small Finance Bank Ltd. Debentures \| -	1%	₹234 Cr	5,000
Indusind Bank Ltd. Debentures \| -	1%	₹233 Cr	5,000 ↑ 5,000
LIC Housing Finance Ltd Debentures \| -	1%	₹225 Cr	2,250

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.

Research Highlights for UTI Ultra Short Term Fund

Lower mid AUM (₹3,751 Cr).
Established history (22+ yrs).
Top rated.
Risk profile: Moderately Low.
1Y return: 6.41% (lower mid).
1M return: 0.57% (lower mid).
Sharpe: 1.15 (lower mid).
Information ratio: 0.00 (upper mid).
Yield to maturity (debt): 7.21% (upper mid).
Modified duration: 0.41 yrs (lower mid).
Average maturity: 0.50 yrs (upper mid).
Exit load: NIL.
Higher exposure to Financial Services vs peer median.
Top bond sector: Corporate.
Conservative stance with elevated cash (~58%).
High-quality debt (AAA/AA ~100%).
Largest holding 18/06/2026 Maturing 182 DTB (~7.6%).

Below is the key information for UTI Ultra Short Term Fund

UTI Ultra Short Term Fund Growth
Launch Date	29 Aug 03
NAV (27 Feb 26)	₹4,398.1 ↑ 0.72 (0.02 %)
Net Assets (Cr)	₹3,751 on 15 Feb 26
Category	Debt - Ultrashort Bond
AMC	UTI Asset Management Company Ltd
Rating	☆☆☆☆
Risk	Moderately Low
Expense Ratio	0.93
Sharpe Ratio	1.15
Information Ratio	0
Alpha Ratio	0
Min Investment	5,000
Min SIP Investment	500
Exit Load	NIL
Yield to Maturity	7.21%
Effective Maturity	5 Months 30 Days
Modified Duration	4 Months 29 Days

Growth of 10,000 investment over the years.

Date	Value
28 Feb 21	₹10,000
28 Feb 22	₹10,615
28 Feb 23	₹11,108
29 Feb 24	₹11,882
28 Feb 25	₹12,725
28 Feb 26	₹13,539

UTI 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 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 27 Feb 26

Duration	Returns
1 Month	0.6%
3 Month	1.3%
6 Month	2.8%
1 Year	6.4%
3 Year	6.8%
5 Year	6.2%
10 Year
15 Year
Since launch	6.8%

Historical performance (Yearly) on absolute basis

Year	Returns
2024	6.6%
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%

Fund Manager information for UTI Ultra Short Term Fund

Name	Since	Tenure
Abhishek Sonthalia	10 Nov 25	0.23 Yr.

Data below for UTI Ultra Short Term Fund as on 15 Feb 26

Asset Allocation

Asset Class	Value
Cash	58.29%
Debt	41.38%
Other	0.33%

Debt Sector Allocation

Sector	Value
Corporate	53.14%
Cash Equivalent	33.69%
Government	12.84%

Credit Quality

Rating	Value
AAA	100%

Top Securities Holdings / Portfolio

Name	Holding	Value	Quantity
18/06/2026 Maturing 182 DTB Sovereign Bonds \| -	8%	₹294 Cr	3,000,000,000 ↑ 3,000,000,000
09/04/2026 Maturing 182 DTB Sovereign Bonds \| -	4%	₹149 Cr	1,500,000,000
Shriram Finance Limited Debentures \| -	3%	₹100 Cr	10,000
DBS Bank India Ltd. Debentures \| -	3%	₹100 Cr	1,000,000,000
Piramal Finance Limited Debentures \| -	2%	₹86 Cr	8,500
Piramal Finance Limited Debentures \| -	2%	₹75 Cr	7,500
TATA Communications Limited Debentures \| -	2%	₹75 Cr	7,500 ↓ -2,500
Canara Bank Domestic Bonds \| -	2%	₹75 Cr	750,000,000
Indian Bank Domestic Bonds \| -	2%	₹74 Cr	750,000,000
Aditya Birla Renewables Limited Debentures \| -	2%	₹65 Cr	6,500

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

Top quartile AUM (₹16,788 Cr).
Established history (21+ yrs).
Rating: 3★ (upper mid).
Risk profile: Moderately Low.
1Y return: 6.63% (upper mid).
1M return: 0.58% (upper mid).
Sharpe: 1.52 (upper mid).
Information ratio: 0.00 (upper mid).
Yield to maturity (debt): 7.12% (upper mid).
Modified duration: 0.46 yrs (bottom quartile).
Average maturity: 0.53 yrs (lower mid).
Exit load: NIL.
Top sector: Financial Services.
Top bond sector: Corporate.
Conservative stance with elevated cash (~61%).
High-quality debt (AAA/AA ~100%).
Largest holding Bajaj Housing Finance Limited (~3.8%).

Below is the key information for Kotak Savings Fund

Kotak Savings Fund Growth
Launch Date	13 Aug 04
NAV (27 Feb 26)	₹44.5369 ↑ 0.01 (0.02 %)
Net Assets (Cr)	₹16,788 on 31 Jan 26
Category	Debt - Ultrashort Bond
AMC	Kotak Mahindra Asset Management Co Ltd
Rating	☆☆☆
Risk	Moderately Low
Expense Ratio	0.81
Sharpe Ratio	1.52
Information Ratio	0
Alpha Ratio	0
Min Investment	5,000
Min SIP Investment	1,000
Exit Load	NIL
Yield to Maturity	7.12%
Effective Maturity	6 Months 11 Days
Modified Duration	5 Months 16 Days

Growth of 10,000 investment over the years.

Date	Value
28 Feb 21	₹10,000
28 Feb 22	₹10,342
28 Feb 23	₹10,844
29 Feb 24	₹11,605
28 Feb 25	₹12,429
28 Feb 26	₹13,252

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 27 Feb 26

Duration	Returns
1 Month	0.6%
3 Month	1.3%
6 Month	2.8%
1 Year	6.6%
3 Year	6.9%
5 Year	5.8%
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	15 Apr 08	17.81 Yr.
Manu Sharma	1 Nov 22	3.25 Yr.

Data below for Kotak Savings Fund as on 31 Jan 26

Asset Allocation

Asset Class	Value
Cash	60.85%
Debt	38.88%
Other	0.27%

Debt Sector Allocation

Sector	Value
Corporate	45.7%
Cash Equivalent	41.32%
Government	12.71%

Credit Quality

Rating	Value
AA	14.16%
AAA	85.84%

Top Securities Holdings / Portfolio

Name	Holding	Value	Quantity
Bajaj Housing Finance Limited Debentures \| -	4%	₹642 Cr	6,420
National Bank For Agriculture And Rural Development Debentures \| -	3%	₹578 Cr	57,500
National Bank For Agriculture And Rural Development Debentures \| -	3%	₹571 Cr	57,050
Rec Limited Debentures \| -	2%	₹400 Cr	40,000 ↓ -7,500
19/03/2026 Maturing 364 DTB Sovereign Bonds \| -	2%	₹308 Cr	31,000,000
Mankind Pharma Limited Debentures \| -	2%	₹301 Cr	30,000
21/05/2026 Maturing 364 DTB Sovereign Bonds \| -	1%	₹246 Cr	25,000,000
Bank of Baroda Debentures \| -	1%	₹245 Cr	25,000
Goi Floating Rate Bond 2028 Sovereign Bonds \| -	1%	₹227 Cr	22,500,000
RADHAKRISHNA SECURITISATION TRUST Unlisted bonds \| -	1%	₹209 Cr	210

5. 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

Upper mid AUM (₹10,488 Cr).
Established history (24+ yrs).
Rating: 2★ (bottom quartile).
Risk profile: Low.
1Y return: 6.60% (upper mid).
1M return: 0.60% (upper mid).
Sharpe: 1.65 (upper mid).
Information ratio: 0.00 (upper mid).
Yield to maturity (debt): 7.06% (upper mid).
Modified duration: 0.49 yrs (bottom quartile).
Average maturity: 0.67 yrs (bottom quartile).
Exit load: NIL.
Top sector: Financial Services.
Top bond sector: Corporate.
Conservative stance with elevated cash (~48%).
High-quality debt (AAA/AA ~100%).
Largest holding 26/03/2026 Maturing 182 DTB (~2.8%).

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 (27 Feb 26)	₹4,185.42 ↑ 0.37 (0.01 %)
Net Assets (Cr)	₹10,488 on 31 Jan 26
Category	Debt - Ultrashort Bond
AMC	Nippon Life Asset Management Ltd.
Rating	☆☆
Risk	Low
Expense Ratio	1.12
Sharpe Ratio	1.65
Information Ratio	0
Alpha Ratio	0
Min Investment	100
Min SIP Investment	100
Exit Load	NIL
Yield to Maturity	7.06%
Effective Maturity	8 Months 3 Days
Modified Duration	5 Months 28 Days

Growth of 10,000 investment over the years.

Date	Value
28 Feb 21	₹10,000
28 Feb 22	₹10,793
28 Feb 23	₹11,321
29 Feb 24	₹12,103
28 Feb 25	₹12,968
28 Feb 26	₹13,821

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 27 Feb 26

Duration	Returns
1 Month	0.6%
3 Month	1.3%
6 Month	2.9%
1 Year	6.6%
3 Year	6.9%
5 Year	6.7%
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	12.34 Yr.
Kinjal Desai	25 May 18	7.69 Yr.
Akshay Sharma	1 Dec 22	3.17 Yr.
Lokesh Maru	5 Sep 25	0.41 Yr.
Divya Sharma	5 Sep 25	0.41 Yr.

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

Asset Allocation

Asset Class	Value
Cash	47.86%
Debt	51.84%
Other	0.29%

Debt Sector Allocation

Sector	Value
Corporate	57.79%
Cash Equivalent	38.01%
Government	3.19%
Securitized	0.72%

Credit Quality

Rating	Value
AA	28.52%
AAA	71.48%

Top Securities Holdings / Portfolio

Name	Holding	Value	Quantity
26/03/2026 Maturing 182 DTB Sovereign Bonds \| -	3%	₹298 Cr	30,000,000 ↑ 30,000,000
National Bank For Agriculture And Rural Development Debentures \| -	3%	₹285 Cr	28,500 ↓ -20,000
JSW Energy Limited Debentures \| -	2%	₹250 Cr	25,000
16/04/2026 Maturing 182 DTB Sovereign Bonds \| -	2%	₹247 Cr	25,000,000
Vedanta Limited Debentures \| -	2%	₹241 Cr	24,000
TATA Communications Limited Debentures \| -	2%	₹225 Cr	22,500
30/04/2026 Maturing 182 DTB Sovereign Bonds \| -	2%	₹212 Cr	21,500,000 ↑ 21,500,000
Aadhar Housing Finance Limited Debentures \| -	2%	₹200 Cr	20,000
Rec Limited Debentures \| -	2%	₹200 Cr	20,000 ↑ 20,000
Embassy Office Parks Reit Debentures \| -	2%	₹200 Cr	2,000

6. Canara Robeco Ultra Short Term Fund

(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.

Research Highlights for Canara Robeco Ultra Short Term Fund

Bottom quartile AUM (₹471 Cr).
Established history (17+ yrs).
Rating: 2★ (bottom quartile).
Risk profile: Low.
1Y return: 6.21% (bottom quartile).
1M return: 0.60% (top quartile).
Sharpe: 0.37 (bottom quartile).
Information ratio: 0.00 (lower mid).
Yield to maturity (debt): 7.03% (lower mid).
Modified duration: 0.41 yrs (upper mid).
Average maturity: 1.25 yrs (bottom quartile).
Exit load: NIL.
Higher exposure to Corporate (bond sector) vs peer median.
Conservative stance with elevated cash (~35%).
High-quality debt (AAA/AA ~100%).
Largest holding Goi Floating Rate Bond 2033 (~11.0%).

Below is the key information for Canara Robeco Ultra Short Term Fund

Canara Robeco Ultra Short Term Fund Growth
Launch Date	14 Jul 08
NAV (27 Feb 26)	₹3,934.98 ↑ 0.27 (0.01 %)
Net Assets (Cr)	₹471 on 31 Jan 26
Category	Debt - Ultrashort Bond
AMC	Canara Robeco Asset Management Co. Ltd.
Rating	☆☆
Risk	Low
Expense Ratio	0.94
Sharpe Ratio	0.37
Information Ratio	0
Alpha Ratio	0
Min Investment	5,000
Min SIP Investment	1,000
Exit Load	NIL
Yield to Maturity	7.03%
Effective Maturity	1 Year 3 Months
Modified Duration	4 Months 26 Days

Growth of 10,000 investment over the years.

Date	Value
28 Feb 21	₹10,000
28 Feb 22	₹10,276
28 Feb 23	₹10,724
29 Feb 24	₹11,430
28 Feb 25	₹12,198
28 Feb 26	₹12,954

Canara Robeco 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 Canara Robeco 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 27 Feb 26

Duration	Returns
1 Month	0.6%
3 Month	1.2%
6 Month	2.6%
1 Year	6.2%
3 Year	6.5%
5 Year	5.3%
10 Year
15 Year
Since launch	6.8%

Historical performance (Yearly) on absolute basis

Year	Returns
2024	6.5%
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%

Fund Manager information for Canara Robeco Ultra Short Term Fund

Name	Since	Tenure
Avnish Jain	1 Apr 22	3.84 Yr.
Kunal Jain	16 Sep 24	1.38 Yr.

Data below for Canara Robeco Ultra Short Term Fund as on 31 Jan 26

Asset Allocation

Asset Class	Value
Cash	34.96%
Debt	64.67%
Other	0.38%

Debt Sector Allocation

Sector	Value
Corporate	66.13%
Government	25.37%
Cash Equivalent	8.12%

Credit Quality

Rating	Value
AAA	100%

Top Securities Holdings / Portfolio

Name	Holding	Value	Quantity
Goi Floating Rate Bond 2033 Sovereign Bonds \| -	11%	₹52 Cr	5,000,000 ↑ 2,500,000
Union Bank of India Domestic Bonds \| -	9%	₹44 Cr	900
Kotak Mahindra Prime Limited Debentures \| -	5%	₹25 Cr	2,500
Rec Limited Debentures \| -	5%	₹25 Cr	2,500
Power Finance Corporation Limited Debentures \| -	5%	₹25 Cr	250
Small Industries Development Bank Of India Debentures \| -	5%	₹25 Cr	2,500
LIC Housing Finance Ltd Debentures \| -	5%	₹25 Cr	250
National Bank For Agriculture And Rural Development Debentures \| -	5%	₹24 Cr	2,400
Power Finance Corporation Limited Debentures \| -	4%	₹20 Cr	2,000
National Bank For Agriculture And Rural Development Debentures \| -	4%	₹20 Cr	2,000

7. 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.

Research Highlights for Invesco India Ultra Short Term Fund

Bottom quartile AUM (₹1,315 Cr).
Established history (15+ yrs).
Rating: 3★ (upper mid).
Risk profile: Moderate.
1Y return: 6.50% (upper mid).
1M return: 0.56% (bottom quartile).
Sharpe: 1.37 (lower mid).
Information ratio: 0.00 (lower mid).
Yield to maturity (debt): 7.00% (lower mid).
Modified duration: 0.35 yrs (top quartile).
Average maturity: 0.38 yrs (top quartile).
Exit load: NIL.
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 (~7.6%).

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 (27 Feb 26)	₹2,799.19 ↑ 0.18 (0.01 %)
Net Assets (Cr)	₹1,315 on 31 Jan 26
Category	Debt - Ultrashort Bond
AMC	Invesco Asset Management (India) Private Ltd
Rating	☆☆☆
Risk	Moderate
Expense Ratio	0.74
Sharpe Ratio	1.37
Information Ratio	0
Alpha Ratio	0
Min Investment	5,000
Min SIP Investment	1,000
Exit Load	NIL
Yield to Maturity	7%
Effective Maturity	4 Months 15 Days
Modified Duration	4 Months 7 Days

Growth of 10,000 investment over the years.

Date	Value
28 Feb 21	₹10,000
28 Feb 22	₹10,319
28 Feb 23	₹10,782
29 Feb 24	₹11,554
28 Feb 25	₹12,382
28 Feb 26	₹13,184

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 27 Feb 26

Duration	Returns
1 Month	0.6%
3 Month	1.3%
6 Month	2.8%
1 Year	6.5%
3 Year	6.9%
5 Year	5.7%
10 Year
15 Year
Since launch	7%

Historical performance (Yearly) on absolute basis

Year	Returns
2024	6.8%
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%

Fund Manager information for Invesco India Ultra Short Term Fund

Name	Since	Tenure
Krishna Cheemalapati	4 Jan 20	6.08 Yr.
Vikas Garg	27 Jul 21	4.52 Yr.

Data below for Invesco India Ultra Short Term Fund as on 31 Jan 26

Asset Allocation

Asset Class	Value
Cash	57.14%
Debt	42.56%
Other	0.3%

Debt Sector Allocation

Sector	Value
Corporate	45.64%
Cash Equivalent	40.82%
Government	13.23%

Credit Quality

Rating	Value
AA	14.9%
AAA	85.1%

Top Securities Holdings / Portfolio

Name	Holding	Value	Quantity
National Bank For Agriculture And Rural Development Debentures \| -	8%	₹100 Cr	10,000,000 ↑ 7,500,000
Small Industries Development Bank Of India Debentures \| -	5%	₹65 Cr	6,500,000 ↑ 5,000,000
19/02/2026 Maturing 182 DTB Sovereign Bonds \| -	4%	₹50 Cr	5,000,000 ↑ 5,000,000
27/02/2026 Maturing 182 DTB Sovereign Bonds \| -	4%	₹50 Cr	5,000,000 ↑ 5,000,000
Summit Digitel Infrastructure Limited Debentures \| -	3%	₹40 Cr	4,000,000
Sundaram Home Finance Limited Debentures \| -	3%	₹35 Cr	3,500,000
Power Finance Corporation Limited Debentures \| -	3%	₹35 Cr	3,500,000
Tbill Sovereign Bonds \| -	3%	₹35 Cr	3,502,500 ↑ 3,502,500
Manappuram Finance Limited Debentures \| -	2%	₹28 Cr	2,800,000
Piramal Finance Limited Debentures \| -	2%	₹25 Cr	2,500,000

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.

Research Highlights for SBI Magnum Ultra Short Duration Fund

Upper mid AUM (₹14,032 Cr).
Oldest track record among peers (26 yrs).
Rating: 3★ (lower mid).
Risk profile: Low.
1Y return: 6.74% (top quartile).
1M return: 0.58% (upper mid).
Sharpe: 2.11 (top quartile).
Information ratio: 0.00 (bottom quartile).
Yield to maturity (debt): 6.99% (bottom quartile).
Modified duration: 0.39 yrs (upper mid).
Average maturity: 0.52 yrs (upper mid).
Exit load: NIL.
Top sector: Financial Services.
Higher exposure to Cash Equivalent (bond sector) vs peer median.
Conservative stance with elevated cash (~73%).
High-quality debt (AAA/AA ~100%).
Largest holding 5.63% Gs 2026 (~6.3%).

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 (27 Feb 26)	₹6,212.27 ↑ 0.93 (0.01 %)
Net Assets (Cr)	₹14,032 on 31 Jan 26
Category	Debt - Ultrashort Bond
AMC	SBI Funds Management Private Limited
Rating	☆☆☆
Risk	Low
Expense Ratio	0.54
Sharpe Ratio	2.11
Information Ratio	0
Alpha Ratio	0
Min Investment	5,000
Min SIP Investment	500
Exit Load	NIL
Yield to Maturity	6.99%
Effective Maturity	6 Months 7 Days
Modified Duration	4 Months 20 Days

Growth of 10,000 investment over the years.

Date	Value
28 Feb 21	₹10,000
28 Feb 22	₹10,356
28 Feb 23	₹10,855
29 Feb 24	₹11,637
28 Feb 25	₹12,489
28 Feb 26	₹13,331

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 27 Feb 26

Duration	Returns
1 Month	0.6%
3 Month	1.4%
6 Month	2.9%
1 Year	6.7%
3 Year	7.1%
5 Year	5.9%
10 Year
15 Year
Since launch	7.1%

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	0.72 Yr.

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

Asset Allocation

Asset Class	Value
Cash	73.4%
Debt	29.82%
Other	0.34%

Debt Sector Allocation

Sector	Value
Cash Equivalent	55.52%
Corporate	39.77%
Government	4.37%

Credit Quality

Rating	Value
AA	21.49%
AAA	78.51%

Top Securities Holdings / Portfolio

Name	Holding	Value	Quantity
5.63% Gs 2026 Sovereign Bonds \| -	6%	₹880 Cr	88,000,000 ↑ 19,500,000
Small Industries Development Bank of India Debentures \| -	4%	₹562 Cr	12,000
Standard Chartered Bank - \| -	4%	-₹500 Cr
National Bank For Agriculture And Rural Development Debentures \| -	3%	₹390 Cr	39,000 ↓ -15,500
National Bank for Agriculture and Rural Development Domestic Bonds \| -	2%	₹327 Cr	7,000 ↑ 7,000
Canara Bank Domestic Bonds \| -	2%	₹299 Cr	6,000
Adani Power Limited Debentures \| -	2%	₹299 Cr	30,000 ↑ 30,000
National Bank for Agriculture and Rural Development Domestic Bonds \| -	2%	₹280 Cr	6,000 ↑ 6,000
RADHAKRISHNA SECURITISATION TRUST Unlisted bonds \| -	2%	₹253 Cr	255
HSBC Bank PLC Debentures \| -	2%	-₹250 Cr

9. BOI AXA Ultra Short Duration Fund

(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.

Research Highlights for BOI AXA Ultra Short Duration Fund

Bottom quartile AUM (₹168 Cr).
Established history (17+ yrs).
Rating: 4★ (top quartile).
Risk profile: Moderately Low.
1Y return: 6.20% (bottom quartile).
1M return: 0.55% (bottom quartile).
Sharpe: 0.49 (bottom quartile).
Information ratio: 0.00 (bottom quartile).
Yield to maturity (debt): 6.91% (bottom quartile).
Modified duration: 0.38 yrs (upper mid).
Average maturity: 0.39 yrs (upper mid).
Exit load: NIL.
Top bond sector: Corporate.
Conservative stance with elevated cash (~61%).
High-quality debt (AAA/AA ~100%).
Largest holding Canara Bank (~9.9%).

Below is the key information for BOI AXA Ultra Short Duration Fund

BOI AXA Ultra Short Duration Fund Growth
Launch Date	16 Jul 08
NAV (27 Feb 26)	₹3,275.88 ↑ 0.60 (0.02 %)
Net Assets (Cr)	₹168 on 31 Jan 26
Category	Debt - Ultrashort Bond
AMC	BOI AXA Investment Mngrs Private Ltd
Rating	☆☆☆☆
Risk	Moderately Low
Expense Ratio	0.97
Sharpe Ratio	0.49
Information Ratio	0
Alpha Ratio	0
Min Investment	5,000
Min SIP Investment	1,000
Exit Load	NIL
Yield to Maturity	6.91%
Effective Maturity	4 Months 20 Days
Modified Duration	4 Months 17 Days

Growth of 10,000 investment over the years.

Date	Value
28 Feb 21	₹10,000
28 Feb 22	₹10,332
28 Feb 23	₹10,823
29 Feb 24	₹11,512
28 Feb 25	₹12,278
28 Feb 26	₹13,037

BOI AXA 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 BOI AXA 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 27 Feb 26

Duration	Returns
1 Month	0.5%
3 Month	1.2%
6 Month	2.7%
1 Year	6.2%
3 Year	6.4%
5 Year	5.4%
10 Year
15 Year
Since launch	7%

Historical performance (Yearly) on absolute basis

Year	Returns
2024	6.5%
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%

Fund Manager information for BOI AXA Ultra Short Duration Fund

Name	Since	Tenure
Mithraem Bharucha	17 Aug 21	4.46 Yr.

Data below for BOI AXA Ultra Short Duration Fund as on 31 Jan 26

Asset Allocation

Asset Class	Value
Cash	60.65%
Debt	39.06%
Other	0.29%

Debt Sector Allocation

Sector	Value
Corporate	58.82%
Government	21.75%
Cash Equivalent	19.14%

Credit Quality

Rating	Value
AA	13.02%
AAA	86.98%

Top Securities Holdings / Portfolio

Name	Holding	Value	Quantity
28/05/2026 Maturing 182 DTB Sovereign Bonds \| -	9%	₹15 Cr	1,500,000
Power Finance Corporation Limited Debentures \| -	8%	₹14 Cr	1,400,000 ↑ 1,400,000
Rec Limited Debentures \| -	7%	₹12 Cr	1,250,000
Manappuram Finance Limited Debentures \| -	7%	₹11 Cr	1,100,000
Bank of Baroda Debentures \| -	6%	₹11 Cr	1,100,000
360 One Prime Limited Debentures \| -	6%	₹10 Cr	1,000,000
07/01/2027 Maturing 364 DTB Sovereign Bonds \| -	1%	₹2 Cr	175,000 ↑ 175,000
08/10/2026 Maturing 364 DTB Sovereign Bonds \| -	0%	₹1 Cr	79,600 ↑ 79,600
Corporate Debt Market Development Fund # - \| -	0%	₹0 Cr	417 ↑ 417
Canara Bank Certificate of Deposit \| -	10%	₹17 Cr	1,700,000 ↑ 1,200,000

10. DSP Liquidity Fund

The Scheme seeks to generate reasonable returns commensurate with low risk from a portfolio constituted of money market and high quality debts

Research Highlights for DSP Liquidity Fund

Upper mid AUM (₹16,616 Cr).
Established history (20+ yrs).
Rating: 3★ (lower mid).
Risk profile: Low.
1Y return: 6.33% (bottom quartile).
1M return: 0.55% (bottom quartile).
Sharpe: 3.17 (top quartile).
Information ratio: 0.00 (bottom quartile).
Yield to maturity (debt): 6.84% (bottom quartile).
Modified duration: 0.10 yrs (top quartile).
Average maturity: 0.11 yrs (top quartile).
Exit load: NIL.
Top sector: Communication Services.
Higher exposure to Cash Equivalent (bond sector) vs peer median.
Conservative stance with elevated cash (~100%).
High-quality debt (AAA/AA ~100%).
Largest holding Treps / Reverse Repo Investments (~11.1%).

Below is the key information for DSP Liquidity Fund

DSP Liquidity Fund Growth
Launch Date	23 Nov 05
NAV (27 Feb 26)	₹3,872.87 ↑ 0.70 (0.02 %)
Net Assets (Cr)	₹16,616 on 31 Jan 26
Category	Debt - Liquid Fund
AMC	DSP BlackRock Invmt Managers Pvt. Ltd.
Rating	☆☆☆
Risk	Low
Expense Ratio	0.21
Sharpe Ratio	3.17
Information Ratio	0
Alpha Ratio	0
Min Investment	1,000
Min SIP Investment	500
Exit Load	NIL
Yield to Maturity	6.84%
Effective Maturity	1 Month 10 Days
Modified Duration	1 Month 6 Days

Growth of 10,000 investment over the years.

Date	Value
28 Feb 21	₹10,000
28 Feb 22	₹10,333
28 Feb 23	₹10,880
29 Feb 24	₹11,660
28 Feb 25	₹12,512
28 Feb 26	₹13,304

DSP Liquidity 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 Liquidity Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 27 Feb 26

Duration	Returns
1 Month	0.6%
3 Month	1.5%
6 Month	3%
1 Year	6.3%
3 Year	6.9%
5 Year	5.9%
10 Year
15 Year
Since launch	6.9%

Historical performance (Yearly) on absolute basis

Year	Returns
2024	6.5%
2023	7.4%
2022	7%
2021	4.8%
2020	3.3%
2019	4.2%
2018	6.5%
2017	7.4%
2016	6.6%
2015	7.6%

Fund Manager information for DSP Liquidity Fund

Name	Since	Tenure
Karan Mundhra	31 May 21	4.68 Yr.
Shalini Vasanta	1 Aug 24	1.5 Yr.
Kunal Khudania	1 Jan 26	0.08 Yr.

Data below for DSP Liquidity Fund as on 31 Jan 26

Asset Allocation

Asset Class	Value
Cash	99.71%
Other	0.29%

Debt Sector Allocation

Sector	Value
Cash Equivalent	55.96%
Corporate	41.39%
Government	2.36%

Credit Quality

Rating	Value
AAA	100%

Top Securities Holdings / Portfolio

Name	Holding	Value	Quantity
Treps / Reverse Repo Investments CBLO/Reverse Repo \| -	11%	-₹1,845 Cr
HDFC Bank Ltd. Debentures \| -	5%	₹793 Cr	16,000
Tbill Sovereign Bonds \| -	5%	₹770 Cr	77,500,000
5.63% Gs 2026 Sovereign Bonds \| -	4%	₹616 Cr	60,500,000 ↑ 24,000,000
Small Industries Dev Bank Of India Commercial Paper \| -	3%	₹574 Cr	11,500
HDFC Bank Limited Certificate of Deposit \| -	3%	₹548 Cr	11,000
Small Industries Development Bank Of India Commercial Paper \| -	3%	₹497 Cr	10,000
Punjab National Bank (18/03/2026) Certificate of Deposit \| -	3%	₹496 Cr	10,000
Union Bank Of India Certificate of Deposit \| -	3%	₹494 Cr	10,000 ↑ 10,000
Bank Of Baroda Certificate of Deposit \| -	3%	₹448 Cr	9,000

Disclaimer:
یہاں فراہم کردہ معلومات کے درست ہونے کو یقینی بنانے کے لیے تمام کوششیں کی گئی ہیں۔ تاہم، ڈیٹا کی درستگی کے حوالے سے کوئی ضمانت نہیں دی جاتی ہے۔ براہ کرم کوئی بھی سرمایہ کاری کرنے سے پہلے اسکیم کی معلومات کے دستاویز کے ساتھ تصدیق کریں۔