1 LakhInvestment Grown to
₹ 10000Monthly SIP Grown to
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:
|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||--|
|Debt: Ultra Short Duration||0.10||0.00||0.03||0.19||0.74||1.79||4.89||5.81||6.36||7.05||--|
|Rank within category||17||13||7||20||18||20||22||15||15||14||--|
|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)|
|Motilal Oswal Ultra Short Term Fund - Regular Plan||Sep-13||4.14||0.56||2.66||1.02||33|
|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|
|Best (Period)||Worst (Period)|
|Week||0.38 (24-Mar-2020 - 31-Mar-2020)||-7.81 (19-Dec-2018 - 26-Dec-2018)|
|Month||0.92 (24-Mar-2020 - 23-Apr-2020)||-7.39 (19-Dec-2018 - 18-Jan-2019)|
|Quarter||2.16 (12-Sep-2013 - 12-Dec-2013)||-10.43 (24-Sep-2018 - 24-Dec-2018)|
|Year||8.00 (13-Sep-2013 - 15-Sep-2014)||-8.14 (26-Dec-2017 - 26-Dec-2018)|
|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||17||17||17||17||14||17|
|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||1||2||1||39|
|Modified Duration (yrs)||0.04||0.40||0.01||0.36|
|Average Maturity (yrs)||0.16||0.40||0.02||0.39|
|Yield to Maturity (%)||3.10||5.00||3.10||4.03|
|Avg Credit Rating||GOI/Cash||--||--||--|
|Company||Instrument||Credit Rating||1Y Range||% Assets|
|Reserve Bank of India 182-D 18/03/2021||Treasury Bills||SOV||0.00 - 75.19||74.48|
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
Education: Mr. Abhiroop Mukherjee holds B.Com from Calcutta University & PGPBF (Finance) from National Institute of Bank Management.
Experience: Prior to joining Motilal Oswal AMC, he has worked with PNB Gilts Ltd. Mumbai.
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The Scheme seeks to generate optimal returns consistent with moderate levels of risk and liquidity by investing in debt securities and money market securities.
|Minimum Investment (₹)||500|
|Minimum Addl Investment (₹)||500|
|Minimum SIP Investment (₹)||500|
|Minimum No of Cheques||12|
|Minimum Withdrawal (₹)||500|
|Minimum Balance (₹)||--|
|Fund House:||Motilal Oswal Mutual Fund|
|Return Since Launch:||4.12%|
|Benchmark:||CRISIL Ultra ST Debt TRI|
|Assets:||₹ 33 Cr (As on 31-Dec-2020)|
|Expense:||1.02% (As on 31-Dec-2020)|
|Risk Grade:||Above Average|
|Plan||Record Date||Dividend (₹ / Unit)|
Fund News - 12-Feb-2018
AMC: Motilal Oswal Asset Management Company Ltd.
Address: Motilal Oswal Towers - 10th Floor, Rahimtullah Sayani Road, Opposite Parel ST Depot, Prabhadevi, Mumbai - 400025
Phone: 022-39804238 / 1800-200-6626
Email: [email protected]
Registrar & Transfer Agent: KFin Technologies Pvt Ltd.
Address: 303, Vamsee Estates, Opp. Big Bazaar, Ameerpet, Hyderabad - 500016
Email: [email protected]