Kotak Bond Short Term ICICI Prudential Short Term Fund

CAGR 5 Year 7.95% 8.32%

CAGR 3 Year 6.92% 7.13%
CAGR 1 Year 10.30% 9.66%
CAGAR Since Inception 7.71% 8.09%
Standard Deviation 1.50% 1.91
Yield to maturity 7.59 7.7
Expense Ratio (Direct) 0.32% 0.44%
Expense Ratio (Regular) 1.14% 1.15%
Modified duration 2.23 1.84
Average maturity 2.73 2.49
Sharpe Ratio -2.17 -1.22
Beta 0.01 0.02
Macaulay Duration 2.25 1.97
NIFTY Short Duration Debt Index CRISIL 1 YR T-BILL INDEX
8.18% 6.59%
7.44% 7.30%
10.36% 6.76%
7.91% 8.44%

1. Income over a medium term horizon.

2. Investment in debt & money market securities with portfolio Macaulay duration between 1 year & 3 years
Short Duration Fund : These mutual funds select bonds/debt for investment such that average maturity (remaining) period for p
Suitable For : Investors who want to invest for 1-3 years and are looking for alternative to bank deposits.

Source - Factsheet, Edelweiss

 year & 3 years
ge maturity (remaining) period for portfolio is between 1 to 3 years (Macaulay duration). Shorter duration funds may provide lower returns bu
nk deposits.
y provide lower returns but are lesser risky to interest rate changes.
 Fund performance Vs Benchmark
Name Fund( 5 year CAGR) CRISIL overnight index(%) CRISIL 1-Year T-Bill (%)
UTI Overnight Fu 6.89 6.55 7.3
SBI overnight fun 6.59 6.55 7.3

As on Sep 30, 2019. The Risk Measures have been calculated using calendar month returns for the last three years.
https://www.sbimf.com/en-us/debt-schemes/sbi-overnight-fund#PerofrmanceNew
https://www.valueresearchonline.com/funds/fundperformance.asp?schemecode=17189
https://www.valueresearchonline.com/funds/newsnapshot.asp?schemecode=17630
 Expense ratio
Standard Deviation Sharpe ratio Sortino Beta Alpha Direct
1.03 -0.01 -0.01 1.54 2.67 0.1
0.13 -0.07 -0.13 0.2 0.34 0.11
Liquid Funds Benchmark
ICICI Prudential Liquid Fund Aditya Birla Sun Life Liquid Fund CRISIL Liquid Fund TR INR
CAGR 5 Ye 7.48 7.52 7.5
CAGR 3 Ye 6.98 7.03 7.09
CAGR 1 Ye 7.13 7.22 7.37
Standard D 0.18 0.17
Yield to Mat 5.73 5.8
Alpha 0.39 0.63
Beta 0.86 0.8
Sharpe Rat 14.34 15.44
Tracking Er 0.09 0.1
 Short Term Fund Overnight Fund
SBI
Kotak Bond ICICI Prudential overnight
Short Term Short Term Fund UTI Overnight Fund fund
CAGR 5 Year(in %) 7.94 8.32 6.97 6.69
Standard Deviation 1.68 1.91 0.97 0.31
Beta 1.09 1.3 1.07 0.76
Alpha -0.45 -0.28 -0.72 0.12
Sharpe Ratio 3.975 4.498 3.23 11.19
Treynor ratio 0.58716 0.78462 -0.31 -0.80
Yield to maturity(%) 7.59 7.7 5.35 5.25
Expense Ratio (Direct) (%) 0.32% 0.44% 0.1 0.11
Modified duration 2.23 1.84 1 day 1 day
Macaulay Duration 2.25 1.97 0 0
Annual Turnover 330% 734% 41% 1633%
AUM 9787.86 Cr 10200 Cr 1220.84 Cr 1680 cr
Fund Manager Deepak Agarwal Manish Banthia Mr. Amandeep S. Chopra R. Arun
Mr. Amit Sharma
Fund Ranking 2 1 2 1
Overall Ranking Worst
2018 4.5 6.8 5.9 6.2
2017 6.45 6.82 5.1 5.8
2016 9.4 11.91 8.9 6.8
2015 9.5 8.63 8.1 7.8
 Liquid Funds Ultra liquid funds Benchmark
ICICI Prudential Franklin India
ICICI Prudential Aditya Birla Sun Ultra Short Term Ultra Short Term
Liquid Fund Life Liquid Fund Fund Fund CRISIL 1-Year T-Bill (%)
7.48 7.52 9.12 8.63 7.3
0.18 0.17 0.76 0.62
0.86 0.8 1.71 0.16
0.39 0.63 1.06 0.56
14.34 15.44 2.395 2.145
0.21 0.28 1.06 0.87
5.73 5.8 8.14 9.6
0.27 0.28 0.4 0.44
0.12 0.15 1.03 0.46
- - 1.11 0.49
1022% 278% 731% 93%
69773.03 cr 58689 Cr 5458.94 Cr 19751.45 Cr
Rahul Goswami Kaustubh Gupta Manish Banthiya Pallab Roy

2 1 1 2
Best
8.42 8.38 8.12 8.81
7.7 7.7 7.73 8.29
6.69 6.69 11.14 9.77 1.33
7.47 7.41 10.24 9.83 2.1451612903
Ultra Short Term Liquid Funds
ICICI Prudential Ultra Short Term Fund
CAGR 5 Year 9.12
Standard Deviation 0.76
Yield to Maturity 8.14%
Expense Ratio(%) 0.40(D)
CAPM 8.052
Alpha -
Beta 1.71
Sharpe Ratio -3.21
Modified Duration 1.03
Macualay Duration 1.11
Annual turnover 731%
Treynor Ratio 1.0643274854
Absolute Returns
2018 8.12
2017 7.73
2016 11.14
2015 10.24
2014 15.15
Fund Manager Manish Banthiya
AUM 5458.94 cr
Asset allocation 73.16% Debt
11.12% money market instruments
5.22%PSU Bonds
10.21% Others
 Benchmark
Franklin India Ultra Short Term Fund Nifty Ultra Short Duration Debt Index (
8.48 7.24
0.62
9.6
0.44(D)
6.192
0.08
1.46
-5.35
0.46
0.49
93%
0.8767123288

8.81
8.29
9.77
9.83
10.07
Pallab Roy
19751.45
46% Debt
52% others
3% Money market instruments
CRISIL Ultra Short Term Debt Index
7.6