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 | 0.52 | 0.03 | 0.05 | 0.31 | 0.72 | 1.78 | 5.18 | 7.00 | 7.01 | 7.45 | 7.97 |
CCIL T Bill Liquidity Weight | 0.33 | 0.01 | 0.04 | 0.21 | 0.45 | 1.08 | 2.71 | 3.72 | 3.95 | 4.38 | 4.68 |
Debt: Ultra Short Duration | 0.51 | 0.02 | 0.05 | 0.28 | 0.70 | 1.70 | 4.54 | 5.66 | 6.25 | 6.90 | 7.80 |
Rank within category | 8 | 7 | 10 | 5 | 9 | 10 | 4 | 3 | 5 | 7 | 6 |
Number of funds in category | 28 | 28 | 28 | 28 | 28 | 27 | 27 | 15 | 15 | 15 | 12 |
As on 08-Mar-2021
Fund name | Rating | Launch Date | 1-Year Return | 3-Year Return | 5-Year Return | Expense Ratio | Assets (Cr) |
---|---|---|---|---|---|---|---|
SBI Magnum Ultra Short Duration Fund | Invest Online | May-99 | 5.18 | 7.00 | 7.01 | 0.49 | 11,019 | |
HDFC Ultra Short Term Fund - Regular Plan | Invest Online | Sep-18 | 5.77 | -- | -- | 0.64 | 18,426 | |
Aditya Birla Sun Life Savings Fund | Invest Online | Nov-01 | 6.18 | 7.43 | 7.71 | 0.50 | 17,086 | |
Kotak Savings Fund Regular Plan | Invest Online | Aug-04 | 5.10 | 6.77 | 7.01 | 0.77 | 11,991 | |
ICICI Prudential Ultra Short Term Fund | Invest Now | May-11 | 5.73 | 7.25 | 7.69 | 0.97 | 8,853 |
Best Performance | Worst Performance | |||
---|---|---|---|---|
Return (%) | Period | Return (%) | Period | |
Week | 1.27 | 24-Mar-2020 - 31-Mar-2020 | -0.78 | 17-Mar-2020 - 24-Mar-2020 |
Month | 1.91 | 24-Mar-2020 - 23-Apr-2020 | -0.59 | 25-Feb-2020 - 26-Mar-2020 |
Quarter | 3.32 | 24-Mar-2020 - 24-Jun-2020 | 0.32 | 24-Dec-2019 - 24-Mar-2020 |
Year | 9.78 | 24-Jul-2013 - 24-Jul-2014 | 3.98 | 18-May-2009 - 18-May-2010 |
Mean | Std Dev | Sharpe | Sortino | Beta | Alpha | |
---|---|---|---|---|---|---|
Fund | 6.82 | 0.65 | 3.45 | 5.66 | 1.23 | 3.35 |
CCIL T Bill Liquidity Weight | 3.68 | 0.37 | -2.46 | -5.24 | -- | -- |
Debt: Ultra Short Duration | 5.71 | 1.64 | 1.61 | 2.88 | 1.21 | 2.22 |
Rank within category | 4 | 2 | 1 | 2 | 6 | 3 |
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 28-Feb-2021
Fund | 1Y High | 1Y Low | Category | |
---|---|---|---|---|
Number of Securities | 57 | 102 | 56 | 29 |
Modified Duration (yrs) | 0.38 | 0.56 | 0.38 | 0.30 |
Average Maturity (yrs) | 0.48 | 0.61 | 0.41 | 0.36 |
Yield to Maturity (%) | 3.76 | 6.33 | 3.50 | 3.74 |
Avg Credit Rating | AAA | -- | -- | -- |
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Company | Instrument | Credit Rating | 1Y Range | % Assets | |
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6.32% REC 31/12/2021 | Debenture | AAA | 4.76 - 8.42 | 6.24 |
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Cholamandalam Invest. & Fin. 26/04/2021 | Commercial Paper | A1+ | 0.00 - 4.50 | 4.50 |
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HDFC 28/10/2021 | Commercial Paper | A1+ | 0.00 - 4.40 | 4.40 |
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8.20% GOI 15/02/2022 | Central Government Loan | SOV | 0.00 - 3.79 | 3.79 |
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7.80% GOI 2021 | Central Government Loan | SOV | 0.00 - 3.66 | 3.66 |
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Power Finance Corp. 358-D 30/07/2021 | Commercial Paper | A1+ | 0.00 - 3.82 | 3.56 |
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M&M Financial Services 23/07/2021 | Debenture | AAA | 0.00 - 3.68 | 3.44 |
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Export-Import Bank 2021 | Certificate of Deposit | A1+ | 0.00 - 3.70 | 3.36 |
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Union Bank of India 24/02/2021 | Certificate of Deposit | A1+ | 0.00 - 3.76 | 3.17 |
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Export-Import Bank 245-D 16/06/2021 | Certificate of Deposit | A1+ | 0.00 - 3.13 | 3.13 |
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5.54% Madhya Pradesh State 15/10/2021 | State Development Loan | SOV | 0.00 - 2.71 | 2.71 |
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National Bank Agr. Rur. Devp 180-D 30/06/2021 | Commercial Paper | A1+ | 0.00 - 2.68 | 2.68 |
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Axis Bank 22/10/2021 | Certificate of Deposit | A1+ | 0.00 - 2.65 | 2.65 |
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RBL Bank 2021 | Certificate of Deposit | A1+ | 0.00 - 2.25 | 2.25 |
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Indusind Bank 31/05/2021 | Certificate of Deposit | A1+ | 0.00 - 2.24 | 2.24 |
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Indusind Bank 28/05/2021 | Certificate of Deposit | A1+ | 0.00 - 2.24 | 2.24 |
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6.99% HDFC 25/11/2021 | Non Convertible Debenture | AAA | 0.00 - 2.13 | 2.13 |
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7.15% HDFC 16/09/2021 | Debenture | AAA | 0.00 - 2.28 | 2.08 |
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6.10% Karnataka State 2021 | State Development Loan | SOV | 0.00 - 1.99 | 1.99 |
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Tata Capital Financial Services 365-D 09/02/2021 | Commercial Paper | A1+ | 1.33 - 2.20 | 1.81 |
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AU Small Finance Bank 2021 | Certificate of Deposit | A1+ | 0.00 - 2.20 | 1.81 |
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8.75% Muthoot Finance 19/06/2021 | Bonds/NCDs | AA | 0.00 - 1.89 | 1.73 |
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6.51% GOI 2024 | GOI Securities | SOV | 0.00 - 1.69 | 1.69 |
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5.73% Madhya Pradesh State 2021 | State Development Loan | SOV | 0.00 - 1.56 | 1.56 |
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7.59% Andhra Pradesh State 27/07/2021 | State Development Loan | SOV | 0.00 - 1.39 | 1.39 |
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
— Rajeev Radhakrishnan since 16-Jul-2010
Education: Mr. Radhakrishnan is B.E (Production), MMS (Finance) and CFA.
Experience: Prior to joining SBI AMC he has worked with UTI Asset Management Company Ltd.
Funds Managed:
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The scheme seeks to provide investors with an opportunity to generate regular income with high degree of liquidity through investments in a portfolio comprising predominantly of debt and money market instruments.
Minimum Investment (₹) | 5,000 |
Minimum Addl Investment (₹) | 1,000 |
Minimum SIP Investment (₹) | 500 |
Minimum No of Cheques | 12 |
Minimum Withdrawal (₹) | 5,000 |
Minimum Balance (₹) | 1,000 |
Lock-in Period | Not Applicable |
Exit Load | 0 |
Fund House: | SBI Mutual Fund |
Launch Date: | 21-May-1999 |
Return Since Launch: | 7.31% |
Benchmark: | NIFTY Ultra Short Duration Debt |
Riskometer: | Low to Moderate |
Type: | Open-ended |
Assets: | ₹ 11,019 Cr (As on 31-Jan-2021) |
Expense: | 0.49% (As on 31-Jan-2021) |
Risk Grade: | Low |
Return Grade: | Above Average |
Plan | Record Date | Dividend (₹ / Unit) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Dividend Daily | 30-Mar-2020 | 0.5619 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Automatic Reinvestment | 27-Mar-2020 | 2.0135 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Dividend Weekly | 27-Mar-2020 | 2.0135 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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AMC: SBI Funds Management Ltd
Address: 9th Floor-Crescenzo, C-38 & 39- G Block, Bandra-Kurla Complex, Bandra (East) Mumbai - 400051
Phone: 022-61793000 / 1800-425-5425
Fax: 022-22189663
Email: [email protected]
Website: http://www.sbimf.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