1 Lakh
Investment Grown to₹ 10000
Monthly SIP Grown toSuitability:
Ultra Short Duration debt funds invest in bonds maturing in three to six months. They aim to earn slightly better returns than what you can get from a bank account or a short duration fixed deposit. The risk of incurring a loss in these funds over the said timeframe is low but they do not guarantee returns or safety of capital.
Such funds are usually more suited to institutional investors. Retail investors can avoid these funds altogether. Here's why. Debt funds are very finely classified depending upon the maturity of the bonds they invest in. For instance, there's a different category of funds that invests in bonds of up to three months maturity, from the one that invests in bonds maturing in three to six months, and so on. We believe that such a nuanced classification adds little value to retail investors. They can avoid this complexity and simply invest the money they don't need for up to a year in a Liquid fund.
If you do decide to invest in them, remember that these funds usually deliver low returns which are only marginally higher than your bank account. They are not suitable if your aim is to build wealth in the long run.
Taxability of earnings:
Capital gains
Dividends
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YTD | 1-Day | 1-W | 1-M | 3-M | 6-M | 1-Y | 3-Y | 5-Y | 7-Y | 10-Y | |
---|---|---|---|---|---|---|---|---|---|---|---|
Fund | 0.50 | 0.01 | 0.04 | 0.34 | 0.93 | 2.80 | 4.07 | 4.18 | 5.00 | 5.83 | 6.74 |
CCIL T Bill Liquidity Weight | 0.28 | 0.01 | -0.01 | 0.20 | 0.45 | 1.09 | 2.87 | 3.74 | 3.97 | 4.40 | 4.68 |
Debt: Ultra Short Duration | 0.43 | 0.01 | 0.06 | 0.31 | 0.72 | 1.77 | 4.66 | 5.72 | 6.30 | 6.99 | 7.81 |
Rank within category | 5 | 7 | 25 | 4 | 3 | 1 | 20 | 13 | 13 | 13 | 12 |
Number of funds in category | 28 | 28 | 28 | 28 | 28 | 27 | 27 | 15 | 15 | 14 | 12 |
As on 25-Feb-2021
Fund name | Rating | Launch Date | 1-Year Return | 3-Year Return | 5-Year Return | Expense Ratio | Assets (Cr) |
---|---|---|---|---|---|---|---|
Nippon India Ultra Short Duration Fund | Invest Online | Dec-01 | 4.07 | 4.18 | 5.00 | 1.10 | 724 | |
HDFC Ultra Short Term Fund - Regular Plan | Invest Online | Sep-18 | 5.92 | -- | -- | 0.64 | 18,196 | |
Aditya Birla Sun Life Savings Fund | Invest Online | Nov-01 | 6.22 | 7.49 | 7.78 | 0.50 | 16,118 | |
Kotak Savings Fund Regular Plan | Invest Online | Aug-04 | 5.24 | 6.84 | 7.07 | 0.77 | 12,326 | |
SBI Magnum Ultra Short Duration Fund | Invest Online | May-99 | 5.31 | 7.05 | 7.04 | 0.49 | 11,019 |
Best Performance | Worst Performance | |||
---|---|---|---|---|
Return (%) | Period | Return (%) | Period | |
Week | 1.04 | 26-Sep-2019 - 03-Oct-2019 | -3.88 | 11-Sep-2019 - 18-Sep-2019 |
Month | 1.50 | 25-Sep-2019 - 25-Oct-2019 | -4.89 | 27-Aug-2019 - 26-Sep-2019 |
Quarter | 2.77 | 26-Sep-2019 - 26-Dec-2019 | -3.71 | 26-Jun-2019 - 25-Sep-2019 |
Year | 9.53 | 06-Aug-2011 - 05-Aug-2012 | -0.96 | 25-Mar-2019 - 24-Mar-2020 |
Mean | Std Dev | Sharpe | Sortino | Beta | Alpha | |
---|---|---|---|---|---|---|
Fund | 4.19 | 3.08 | -0.16 | -0.10 | 1.36 | 0.81 |
CCIL T Bill Liquidity Weight | 3.72 | 0.36 | -2.62 | -5.07 | -- | -- |
Debt: Ultra Short Duration | 5.77 | 1.62 | 1.63 | 2.91 | 1.19 | 2.23 |
Rank within category | 15 | 14 | 15 | 15 | 10 | 15 |
Number of funds in category | 17 | 17 | 17 | 17 | 17 | 17 |
The Risk Measures have been calculated using calendar month returns for the last three years.
As on 31-Jan-2021
Fund | 1Y High | 1Y Low | Category | |
---|---|---|---|---|
Number of Securities | 16 | 36 | 12 | 40 |
Modified Duration (yrs) | 0.34 | 0.55 | 0.34 | -- |
Average Maturity (yrs) | 0.41 | 0.84 | 0.41 | -- |
Yield to Maturity (%) | 4.99 | 10.78 | 4.99 | -- |
Avg Credit Rating | AAA | -- | -- | -- |
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Company | Instrument | Credit Rating | 1Y Range | % Assets | |
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Reserve Bank of India 182-D 18/03/2021 | Treasury Bills | SOV | 0.00 - 16.25 | 13.76 |
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Reserve Bank of India 2021 | Treasury Bills | SOV | 0.00 - 13.69 | 13.69 |
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HDFC 166-D 17/05/2021 | Commercial Paper | A1+ | 0.00 - 8.07 | 6.83 |
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9.75% Uttar Pradesh Power Corporation 20/10/2021 | Debenture | A+ | 0.00 - 11.22 | 6.75 |
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8.60% L&T Ahmedabad Maliya Tollway L | Structured Obligation | AA | 0.00 - 6.55 | 5.23 |
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Asirvad Microfinance 30/06/2022 | Non Convertible Debenture | AA- | 0.00 - 5.86 | 4.68 |
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8.50% REC 20/12/2021 | Bonds/NCDs | AAA | 0.00 - 4.26 | 3.58 |
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IndInfravit Trust 2038 | Non Convertible Debenture | AAA | 0.00 - 4.38 | 3.52 |
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National Bank Agr. Rur. Devp 164-D 01/02/2021 | Commercial Paper | A1+ | 0.00 - 3.45 | 3.45 |
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MRPL 60-D 12/03/2021 | Commercial Paper | A1+ | 0.00 - 3.44 | 3.44 |
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National Bank Agr. Rur. Devp 235-D 02/03/2021 | Commercial Paper | A1+ | 0.00 - 4.11 | 3.44 |
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Bank of Baroda 28/05/2021 | Certificate of Deposit | A1+ | 0.00 - 4.03 | 3.42 |
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Indian Receivable Trust 25/08/2023 | Zero Coupon Bonds | A | 1.65 - 5.09 | 1.65 |
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7.94% GOI 24/05/2021 | Central Government Loan | SOV | 0.00 - 1.66 | 1.40 |
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JM Fin Asset Reconstruction co 15/09/2021 | Zero Coupon Bonds | AA- | 0.12 - 0.42 | 0.35 |
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Tata Housing Devp. Co. 25/03/2022 | Non Convertible Debenture | AA | 0.00 - 0.17 | 0.14 |
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Others | Margin Money | -- | - | 0.01 |
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Others | Interest Rate Swap | -- | - | -0.01 |
Indicates an increase or decrease or no change in holding since last portfolio
Indicates a new holding since last portfolio
As on 31-Jan-2021
— Vivek Sharma since 01-Oct-2013
Education: Mr. Vivek Sharma is a B.E (Electronics) and PGDM (Finance).
Experience: He has been associated with Reliance AMC since 2006.
Funds Managed:
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The Scheme seeks to generate optimal returns consistent with moderate levels of risk and liquidity by investing in debt and money market instruments.
Minimum Investment (₹) | 100 |
Minimum Addl Investment (₹) | 100 |
Minimum SIP Investment (₹) | 100 |
Minimum No of Cheques | 60 |
Minimum Withdrawal (₹) | 100 |
Minimum Balance (₹) | 1 |
Lock-in Period | Not Applicable |
Exit Load | 0 |
Fund House: | Nippon India Mutual Fund |
Launch Date: | 07-Dec-2001 |
Return Since Launch: | 5.93% |
Benchmark: | NIFTY Ultra Short Duration Debt |
Riskometer: | Moderate |
Type: | Open-ended |
Assets: | ₹ 724 Cr (As on 31-Jan-2021) |
Expense: | 1.10% (As on 31-Jan-2021) |
Risk Grade: | High |
Return Grade: | Below Average |
Plan | Record Date | Dividend (₹ / Unit) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Dividend Daily | 25-Feb-2021 | 0.1588 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Dividend Weekly | 22-Feb-2021 | 1.7335 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Dividend Monthly | 25-Jan-2021 | 1.2371 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Dividend Quarterly | 21-Dec-2020 | 17.7897 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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AMC: Nippon India Life Asset Management Ltd.
Address: Reliance Centre, 7th Floor, South Wing Off Western Express Highway Santacruz (East) Mumbai - 400055
Phone: 022-68334800 / 18602660111
Fax: 022-33037662
Email: [email protected]
Website: http://www.nipponindiamf.com
Registrar & Transfer Agent: KFin Technologies Pvt Ltd.
Address: 303, Vamsee Estates, Opp. Big Bazaar, Ameerpet, Hyderabad - 500016
Phone: 040-44857874
Email: [email protected]
Website: www.karvymfs.com