Ultra Short Duration Funds, as the name suggests, invest in fixed-income instruments which have short-term maturities. They can invest in securities with residual maturity period of less than 3-months to 1-year, although average maturity of the instruments should not be greater than 91 days. Ultra Short-term Funds help in avoiding interest rate risks and produce better yield than money market instruments. The income earned from this fund is the interest of underlying instruments.
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|Fund Name||Latest NAV (₹)||Return (%)||Double Money In||1 Lac Grew To (₹)|
DHFL Pramerica Ultra Short Term Fund - Growth
risk | Ultra Short Term Debt
Franklin India Ultra Short Bond Fund - Super Institutional Plan (G)
Moderate Low risk | Ultra Short Term Debt
|26.01||8.98||7Y 10M||1.29 L||Invest|
Aditya Birla Sun Life Savings Fund (G)
Moderate risk | Ultra Short Term Debt
|365.53||8.1||8Y 6M||1.26 L||Invest|
Franklin India Saving Fund (G)
High risk | Ultra Short Term Debt
|33.97||7.47||8Y 12M||1.27 L||Invest|
HDFC Ultra Short Term Fund - Regular (G)
Average risk | Ultra Short Term Debt
Are you having surplus money and want to gain maximum profit out of it? Are you worried about the market volatility? Put all your tensions aside. Now, you have the perfect solution to all your questions. Ultra-Short Term Debt Funds provide the benefit of investing in the fixed-income instruments and for a short-period. There is no lock-in period which makes it more popular among the short-term investors. The Ultra-Short Term Debt Fund invests in bonds and securities of corporate as well as government organizations. The maturity period of Ultra-Short Term Debt Fund is above 91 days.
The interest rate and the bond prices are inversely proportionate to each other. As the rate of interest rises the bond value falls and vise-versa. Thus, the best time to invest in Ultra-Short Term Debt Fund is when the interest rates are low.
There are following benefits of investing in the Ultra-Short Term Debt Funds:
Thus, Ultra-Short Term Debt Fund can prove to be a better option for short-term investors. Our experts recommend Ultra-Short Term Debt Fund for those who want secured investment for a short period of time. There is advantage of choosing various mutual fund schemes and also calculate your returns with the help of sip calculator.
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