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||1.88||0.03||0.04||0.17||0.43||1.08||2.05||3.24||3.53||3.99||4.48|
|Debt: Ultra Short Duration||3.24||0.01||0.06||0.29||0.83||1.84||3.48||5.32||5.51||6.29||7.42|
As on 03-Dec-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 - Super Institutional Plan | Invest Online Now||Dec-07||11.64||8.48||8.38||--||820|
|Aditya Birla Sun Life Savings Fund | Invest Online||Nov-01||3.93||6.61||6.77||0.48%||16,758|
|HDFC Ultra Short Term Fund - Regular Plan | Invest Online||Sep-18||3.56||6.06||--||0.64%||16,432|
|Kotak Savings Fund Regular Plan | Invest Online||Aug-04||3.19||5.76||6.19||0.77%||13,153|
|SBI Magnum Ultra Short Duration Fund | Invest Online||May-99||3.39||5.87||6.38||0.49%||11,569|
|Best Performance||Worst Performance|
|Return (%)||Period||Return (%)||Period|
|Week||1.61||24-Nov-2021 - 01-Dec-2021||-4.24||13-Jan-2020 - 20-Jan-2020|
|Month||2.47||29-Oct-2021 - 30-Nov-2021||-3.67||23-Dec-2019 - 22-Jan-2020|
|Quarter||4.58||31-Aug-2021 - 30-Nov-2021||-3.04||24-Dec-2019 - 24-Mar-2020|
|Year||11.64||03-Dec-2020 - 03-Dec-2021||3.68||25-Mar-2019 - 24-Mar-2020|
|CCIL T Bill Liquidity Weight||3.18||0.40||-1.54||-4.30||--||--|
|Debt: Ultra Short Duration||5.22||1.35||1.71||4.14||1.06||2.08|
The Risk Measures have been calculated using calendar month returns for the last three years.
As on 30-Nov-2021
|Fund||1Y High||1Y Low||Category|
|Number of Securities||5||43||5||35|
|Modified Duration (yrs)||0.78||0.98||0.13||--|
|Average Maturity (yrs)||0.87||1.09||0.55||--|
|Yield to Maturity (%)||13.46||13.52||6.67||--|
|Avg Credit Rating||AA||--||--||--|
|Company||Instrument||Credit Rating||1Y Range||% Assets|
|Edelweiss Rural & Corporate Services 29/11/2021||Debenture||AA-||3.53 - 39.45||38.79|
|Clix Capital Services 27/06/2023||Debenture||A+||2.29 - 28.12||27.58|
|Clix Capital Services 25/05/2023||Debenture||A+||1.95 - 23.98||23.51|
|SBI Overnight Direct-G||Mutual Fund||--||0.00 - 52.53||9.29|
|JM Financial Credit Solutions 23/07/2024||Debenture||AA||0.35 - 14.15||0.35|
Indicates an increase or decrease or no change in holding since last portfolio
Indicates a new holding since last portfolio
As on 31-Oct-2021
Education: Mr. Roy is a M.Com and MBA (Finance).
Experience: He has been associated with Franklin Templeton Investments since 2001.
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.
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 (₹)||1,000|
|Minimum Balance (₹)||--|
|Lock-in Period||Not Applicable|
|Fund House:||Franklin Templeton Mutual Fund|
|Return Since Launch:||8.79%|
|Benchmark:||NIFTY Ultra Short Duration Debt|
|Assets:||₹ 820 Cr (As on 31-Oct-2021)|
|Expense:||-- (As on )|
|Plan||Record Date||Dividend (₹ / Unit)|
Fundwire - 23-Apr-2020
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]
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
Email: [email protected]