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 | 0.34 | 0.02 | 0.09 | 0.58 | 1.63 | 3.78 | 8.37 | 7.03 | 7.55 | 8.02 | 8.42 |
CCIL T Bill Liquidity Weight | 0.05 | 0.02 | 0.02 | 0.13 | 0.50 | 1.08 | 2.99 | 3.79 | 4.02 | 4.44 | 4.70 |
Debt: Ultra Short Duration | 0.09 | 0.01 | 0.01 | 0.21 | 0.75 | 1.79 | 4.91 | 5.81 | 6.36 | 7.05 | 7.87 |
As on 20-Jan-2021
Fund name | Rating | Launch Date | 1-Year Return | 3-Year Return | 5-Year Return | Expense Ratio | Assets (Cr) |
---|---|---|---|---|---|---|---|
Franklin India Ultra Short Bond Fund - Retail Plan | Invest Online Now | Dec-07 | 8.37 | 7.03 | 7.55 | 0.31 | 10,177 | |
Aditya Birla Sun Life Savings Fund | Invest Online | Nov-01 | 6.68 | 7.60 | 7.83 | 0.48 | 16,540 | |
SBI Magnum Ultra Short Duration Fund | Invest Online | May-99 | 5.61 | 7.15 | 7.12 | 0.49 | 14,272 | |
HDFC Ultra Short Term Fund - Regular Plan | Invest Online | Sep-18 | 6.20 | -- | -- | 0.64 | 14,228 | |
Kotak Savings Fund Regular Plan | Invest Online | Aug-04 | 5.56 | 6.94 | 7.12 | 0.76 | 12,428 |
Best (Period) | Worst (Period) | |
---|---|---|
Week | 1.17 (24-Mar-2020 - 31-Mar-2020) | -4.25 (13-Jan-2020 - 20-Jan-2020) |
Month | 1.67 (24-Mar-2020 - 23-Apr-2020) | -3.69 (23-Dec-2019 - 22-Jan-2020) |
Quarter | 2.93 (24-Mar-2020 - 24-Jun-2020) | -3.12 (24-Dec-2019 - 24-Mar-2020) |
Year | 10.25 (26-Jul-2013 - 28-Jul-2014) | 3.32 (25-Mar-2019 - 24-Mar-2020) |
Mean | Std Dev | Sharpe | Sortino | Beta | Alpha | |
---|---|---|---|---|---|---|
Fund | 6.86 | 2.55 | 0.82 | 0.45 | 0.49 | 2.57 |
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 |
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 | 40 | 113 | 40 | 39 |
Modified Duration (yrs) | 0.17 | 0.51 | 0.17 | 0.36 |
Average Maturity (yrs) | 0.64 | 0.94 | 0.35 | 0.39 |
Yield to Maturity (%) | 6.90 | 11.10 | 6.84 | 4.03 |
Avg Credit Rating | AAA | -- | -- | -- |
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Company | Instrument | Credit Rating | 1Y Range | % Assets | |
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JM Financial Credit Solutions 23/07/2024 | Debenture | AA | 3.36 - 5.61 | 5.32 |
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9.00% Indostar Capital Finance 2023 | Debenture | AA- | 2.73 - 4.46 | 4.31 |
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Edelweiss Rural & Corporate Services 29/11/2021 | Debenture | A+ | 0.00 - 3.82 | 3.64 |
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Edelweiss Rural & Corporate Services 29/11/2021 | Debenture | AA- | 3.53 - 7.68 | 3.53 |
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Bharti Telecom 19/02/2021 | Zero Coupon Bonds | AA+ | 1.73 - 3.04 | 3.01 |
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Piramal Enterprises 2022 | Debenture | AA | 1.58 - 2.65 | 2.51 |
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Tata Realty and Infrastructure 2021 | Debenture | AA | 1.34 - 2.32 | 2.31 |
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Clix Capital Services 27/06/2023 | Debenture | A+ | 0.00 - 2.37 | 2.30 |
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Indostar Capital Finance 2021 | Debenture | AA- | 2.13 - 4.06 | 2.13 |
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Northern ARC Capital 16/07/2021 | Debenture | A+ | 0.49 - 0.83 | 2.09 |
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Clix Capital Services 25/05/2023 | Debenture | A+ | 0.00 - 2.02 | 1.96 |
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8.47% PNB Housing Finance 2021 | Debenture | AA | 0.00 - 1.91 | 1.88 |
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Hero Wind Energy 15/08/2021 | Debenture | A | 0.77 - 1.38 | 1.38 |
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Clix Capital Services 2021 | Debenture | A+ | 0.00 - 1.02 | 0.99 |
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Clix Finance India 2022 | Debenture | A+ | 0.00 - 1.02 | 0.99 |
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Clix Capital Services 2021 | Debenture | A+ | 0.00 - 1.02 | 0.99 |
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Clix Capital Services 2021 | Debenture | A+ | 0.00 - 1.02 | 0.99 |
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7.80% PNB Housing Finance 2021 | Debenture | AA | 0.00 - 0.99 | 0.98 |
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10.15% Uttar Pradesh Power Corporation 20/01/2022 | Debenture | A+ | 0.58 - 0.95 | 0.92 |
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Clix Capital Services 2021 | Debenture | A+ | 0.00 - 0.92 | 0.89 |
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Renew Power 28/09/2022 | Debenture | A+ | 0.54 - 0.89 | 0.84 |
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11.75% AU Small Finance Bank 2021 | Debenture | AA- | 0.48 - 0.79 | 0.75 |
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11.80% Tata Steel | Debenture | AA- | 0.52 - 0.80 | 0.75 |
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9.23% Talwandi Sabo Power 30/07/2021 | Debenture | AA | 0.47 - 0.76 | 0.73 |
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Tata Power 2021 | Bonds/NCDs | AA | 0.30 - 0.71 | 0.68 |
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
— Pallab Roy since 20-Jun-2008
Education: Mr. Roy is a M.Com and MBA (Finance).
Experience: He has been associated with Franklin Templeton Investments since 2001.
Funds Managed:
— Santosh Kamath since 25-Oct-2018
Education: Mr. Kamath is a B.E ( Electronics ) from REC Bhopal and PGDM (Management) from XLRI Jamshedpur.
Experience: Prior to joining Franklin Templeton Investments he has worked with ING Vysya AMC, Zurich Asset Management, SBI Mutual, CRISIL and Jardine Fleming Asset Management.
Interviews:
Funds Managed:
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The scheme aims to enhance income consistent with a high level of liquidity, through a judicious portfolio mix of money market and debt instruments.
Minimum Investment (₹) | 10,000 |
Minimum Addl Investment (₹) | 1,000 |
Minimum SIP Investment (₹) | 500 |
Minimum No of Cheques | 12 |
Minimum Withdrawal (₹) | -- |
Minimum Balance (₹) | -- |
Exit Load | 0 |
Fund House: | Franklin Templeton Mutual Fund |
Launch Date: | 18-Dec-2007 |
Return Since Launch: | 8.07% |
Benchmark: | NIFTY Ultra Short Duration Debt |
Riskometer: | Moderately High |
Type: | Open-ended |
Assets: | ₹ 10,177 Cr (As on 31-Dec-2020) |
Expense: | 0.31% (As on 30-Nov-2020) |
Risk Grade: | -- |
Return Grade: | -- |
Plan | Record Date | Dividend (₹ / Unit) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Dividend Daily | 15-Jan-2020 | 0.0017 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Dividend Weekly | 10-Jan-2020 | 0.0134 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Fundwire - 23-Apr-2020
House Voice - 27-Nov-2012
AMC: Franklin Templeton Asset Management India Private Ltd
Address: Indiabulls Finance Center, Tower 2, 12th and 13th Floor, Senapati Bapat Marg, Elphinstone Road (West) Mumbai - 400013
Phone: 1800-425-4255 / 60004255
Email: [email protected]
Website: http://www.franklintempletonindia.com
Registrar & Transfer Agent: Franklin Templeton Asset Management (India) Pvt. Ltd.
Address: Unit 301, III Floor, Campus 4B, RMZ Millenia Business Park, 143 Dr. MGR Road, Kandanchavadi Chennai - 600096