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 | 0.06 | 0.00 | 0.01 | 0.17 | 0.92 | 2.39 | 6.64 | 7.59 | 7.82 | 8.21 | 8.60 |
CCIL T Bill Liquidity Weight | 0.09 | 0.03 | 0.04 | 0.15 | 0.50 | 1.08 | 3.01 | 3.80 | 4.01 | 4.43 | 4.70 |
Debt: Ultra Short Duration | 0.10 | 0.00 | 0.03 | 0.19 | 0.74 | 1.79 | 4.89 | 5.81 | 6.36 | 7.05 | 7.86 |
Rank within category | 27 | 25 | 27 | 21 | 5 | 3 | 1 | 2 | 2 | 2 | 2 |
Number of funds in category | 28 | 28 | 28 | 28 | 28 | 27 | 26 | 15 | 15 | 14 | 12 |
As on 22-Jan-2021
Fund name | Rating | Launch Date | 1-Year Return | 3-Year Return | 5-Year Return | Expense Ratio | Assets (Cr) |
---|---|---|---|---|---|---|---|
Aditya Birla Sun Life Savings Fund | Invest Online | Nov-01 | 6.64 | 7.59 | 7.82 | 0.48 | 16,540 | |
SBI Magnum Ultra Short Duration Fund | Invest Online | May-99 | 5.58 | 7.14 | 7.12 | 0.49 | 14,272 | |
HDFC Ultra Short Term Fund - Regular Plan | Invest Online | Sep-18 | 6.18 | -- | -- | 0.64 | 14,228 | |
Kotak Savings Fund Regular Plan | Invest Online | Aug-04 | 5.52 | 6.93 | 7.12 | 0.76 | 12,428 | |
ICICI Prudential Ultra Short Term Fund | Invest Now | May-11 | 6.17 | 7.37 | 7.77 | 0.97 | 8,558 |
Best (Period) | Worst (Period) | |
---|---|---|
Week | 1.48 (24-Mar-2020 - 31-Mar-2020) | -0.87 (17-Mar-2020 - 24-Mar-2020) |
Month | 2.00 (24-Mar-2020 - 23-Apr-2020) | -1.00 (25-Feb-2020 - 26-Mar-2020) |
Quarter | 3.85 (24-Mar-2020 - 24-Jun-2020) | 0.13 (24-Dec-2019 - 24-Mar-2020) |
Year | 10.73 (24-Jul-2013 - 24-Jul-2014) | 4.00 (12-Nov-2003 - 11-Nov-2004) |
Mean | Std Dev | Sharpe | Sortino | Beta | Alpha | |
---|---|---|---|---|---|---|
Fund | 7.45 | 0.78 | 3.44 | 7.48 | 0.73 | 3.40 |
CCIL T Bill Liquidity Weight | 3.78 | 0.34 | -2.89 | -5.80 | -- | -- |
Debt: Ultra Short Duration | 5.88 | 1.60 | 1.75 | 3.34 | 1.14 | 2.23 |
Rank within category | 2 | 10 | 2 | 1 | 4 | 2 |
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-Dec-2020
Fund | 1Y High | 1Y Low | Category | |
---|---|---|---|---|
Number of Securities | 148 | 169 | 120 | 39 |
Modified Duration (yrs) | 0.48 | 0.65 | 0.45 | 0.36 |
Average Maturity (yrs) | 0.53 | 0.74 | 0.51 | 0.39 |
Yield to Maturity (%) | 3.89 | 6.66 | 3.76 | 4.03 |
Avg Credit Rating | AAA | -- | -- | -- |
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Company | Instrument | Credit Rating | 1Y Range | % Assets | |
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Bank of Baroda 28/05/2021 | Certificate of Deposit | A1+ | 0.00 - 4.47 | 4.47 |
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Reserve Bank of India 182-D 04/03/2021 | Treasury Bills | SOV | 0.00 - 4.21 | 4.21 |
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HDFC 317-D 10/03/2021 | Commercial Paper | A1+ | 0.00 - 4.10 | 3.54 |
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Reserve Bank of India 2021 | Treasury Bills | SOV | 0.00 - 2.99 | 2.99 |
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Reliance Industries 263-D 05/03/2021 | Commercial Paper | A1+ | 0.00 - 5.96 | 2.86 |
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8.65% M&M Financial Services 19/03/2021 | Debenture | AAA | 0.00 - 3.12 | 2.72 |
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Reserve Bank of India 182-D 11/03/2021 | Treasury Bills | SOV | 0.00 - 2.40 | 2.40 |
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Bank of Baroda 2021 | Certificate of Deposit | A1+ | 0.00 - 3.17 | 2.31 |
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8.97% Shriram Transport Finance 15/03/2021 | Debenture | AA+ | 0.00 - 3.06 | 2.27 |
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Reliance Industries 170-D 26/02/2021 | Commercial Paper | A1+ | 0.00 - 2.54 | 2.26 |
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Indusind Bank 24/02/2021 | Certificate of Deposit | A1+ | 0.00 - 2.84 | 2.11 |
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8.83% GOI 25/11/2023 | Central Government Loan | SOV | 0.00 - 2.12 | 2.07 |
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6.90% REC 30/06/2022 | Debenture | AAA | 1.87 - 3.00 | 2.00 |
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Reliance Retail Ventures 200-D 15/03/2021 | Commercial Paper | A1+ | 0.00 - 2.03 | 1.80 |
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Axis Bank 28/05/2021 | Certificate of Deposit | A1+ | 0.00 - 1.79 | 1.79 |
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6.32% REC 31/12/2021 | Debenture | AAA | 0.00 - 4.43 | 1.64 |
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SAIL 91-D 08/01/2021 | Commercial Paper | A1+ | 0.00 - 1.53 | 1.51 |
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Indusind Bank 2021 | Certificate of Deposit | A1+ | 0.00 - 2.03 | 1.51 |
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Larsen & Toubro 100-D 25/03/2021 | Commercial Paper | A1+ | 0.00 - 1.50 | 1.50 |
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9.50% Muthoot Finance 2022 | Debenture | AA | 0.92 - 2.01 | 1.47 |
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7.24% REC 21/10/2021 | Debenture | AAA | 1.16 - 2.04 | 1.40 |
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8.30% Reliance Industries 2022 | Debenture | AAA | 1.03 - 3.83 | 1.34 |
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8.18% Haryana State 15/06/2022 | State Development Loan | SOV | 0.00 - 1.58 | 1.34 |
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8.48% Karnataka State 17/10/2022 | State Development Loan | SOV | 0.00 - 1.33 | 1.30 |
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7.94% GOI 24/05/2021 | Central Government Loan | SOV | 0.00 - 1.27 | 1.27 |
Indicates an increase or decrease or no change in holding since last portfolio
Indicates a new holding since last portfolio
As on 31-Dec-2020
— Kaustubh Gupta since 15-Jul-2011
Education: Mr. Gupta is a B.Com and a Chartered Accountant.
Experience: Prior to joining Birla Sun Life AMC he has worked with ICICI Bank.
Funds Managed:
— Sunaina da Cunha since 20-Jun-2014
Education: Ms. Cunha is a B.Com (H) and MBA from FMS, Delhi.
Experience: Prior to joining Birla Sun Life Asset Management Company, she has worked with Aditya Birla Management Corporation Ltd.
Funds Managed:
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The scheme aims to generate regular income from a portfolio of debt and money market instruments, cash and cash equivalents.
Minimum Investment (₹) | 1,000 |
Minimum Addl Investment (₹) | 1,000 |
Minimum SIP Investment (₹) | 1,000 |
Minimum No of Cheques | 6 |
Minimum Withdrawal (₹) | 1 |
Minimum Balance (₹) | 500 |
Exit Load | 0 |
Fund House: | Aditya Birla Sun Life Mutual Fund |
Launch Date: | 27-Nov-2001 |
Return Since Launch: | 7.73% |
Benchmark: | CRISIL Ultra ST Debt TRI |
Riskometer: | Moderate |
Type: | Open-ended |
Assets: | ₹ 16,540 Cr (As on 31-Dec-2020) |
Expense: | 0.48% (As on 31-Dec-2020) |
Risk Grade: | Average |
Return Grade: | High |
Plan | Record Date | Dividend (₹ / Unit) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Dividend Daily | 21-Jan-2021 | 0.0002 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Dividend Weekly | 22-Jan-2021 | 0.0128 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Dividend Fortnightly | 11-Feb-2011 | 0.0307 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Dividend Monthly | 11-Feb-2011 | 0.0307 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Fundwire - 16-Aug-2013
AMC: Aditya Birla Sun Life AMC Ltd.
Address: One India Bulls Center - Tower 1, 17th Floor - Jupiter Mills Compound, 841 Senapati Bhawan, Elphinstone Road, Mumbai - 400013
Phone: 022-43568000 / 1800-270-7000 / 1800-22-7000
Fax: 022-43568110
Website: http://mutualfund.adityabirlacapital.com
Registrar & Transfer Agent: Computer Age Management Services Ltd.
Address: 7th Floor, Tower II, Rayala Towers, 158, Anna Salai, Chennai - 600002
Phone: 1800-3010-6767 / 1800-419-7676
Fax: 044-30407101
Email: [email protected]
Website: www.camsonline.com