Greeting To Our Readers!
Debt Mutual Funds, are simply a financial tool that helps investors achieve their short-term money requirement, without derailing their long-term investments!
They are taken as the best tool for generating regular income with low risk. Also, investors investing in debt funds can anytime withdraw the required money from their debt investment.
These funds are best suggested to investors who are looking for a place to park their money for the short term prominently for capital protection.
Well, if you are looking for a fund to park your money for short-term or for short-term money requirements, then end your research at Debt funds, and plan your investment in the same.
Below, we are discussing some of the best Debt Mutual Funds where one can plan their investments, do have a look!
To receive a free advisory on Investments In Mutual Fund, contact our executives asap!
ICICI Prudential Liquid Fund- Growth
A liquid fund category debt mutual fund, run and managed by ICICI Prudential Mutual Fund House. The fund has 79% investment in Debt of which 28.91% in Government securities, 50.13% in funds invested in very low-risk securities.
The fund size (Asset Under Management) of the scheme is around Rs 42,893 crores and it charges a total expense ratio of around 0.29%. The fund charges a very small amount as exit load on different redemption conditions like:
- The fund charges an exit load equal to 0.006999999999999999% of sell value if the fund is sold before 1 day.
- The fund charges an exit load equal to 0.0065% if the fund is sold before 2 days.
- The fund charges an exit load equal to 0.006% if the fund is sold before 3 days.
- The fund charges an exit load equal to 0.0055000000000000005% if the fund is sold before 4 days.
- The fund charges an exit load equal to 0.005% if the fund is sold before 5 days.
- The fund charges an exit load equal to 0.0045000000000000005% if the fund sold before 6 days
The Scheme aims to provide reasonable returns commensurate with low risk and provide a high level of liquidity, through investments made primarily in the money market and debt instruments.
HDFC Floating Rate Debt Fund -Growth
A floater fund category debt mutual fund, run and managed by HDFC Mutual Fund House. The fund has 96.99% investment in Debt of which 28.05% in Government securities, and 68.94% in funds invested in very low-risk securities.
The fund size (Asset Under Management) of the scheme is around Rs 20,734 crores and it charges a total expense ratio of around 0.48%. The fund does not charge any exit load.
The prime objective of the fund is to generate income/capital appreciation through investment in a portfolio comprising substantially of floating rate debt, fixed-rate debt instruments swapped for floating rate returns, and money market instruments.
Aditya Birla Sun Life Savings Fund - Retail – Growth
An ultra-short duration fund category debt mutual fund, run and managed by Aditya Birla Sun Life House. The fund has 94.78% investment in Debt of which 14.97% in Government securities, and 79.79% in funds invested in very low-risk securities.
The fund size (Asset Under Management) of the scheme is around Rs 15,456 crores and it charges a total expense ratio of around 0.5%. The fund does not charge any exit load.
The primary objective of the schemes is to generate regular income through investments in debt and money market instruments. Income may be generated through the receipt of coupon payments or the purchase and sale of securities in the underlying portfolio.
The schemes will under normal market conditions, invest its net assets in fixed income securities, money market instruments, and cash and cash equivalents.
HDFC Overnight Fund – Growth
An overnight fund category debt mutual fund, run and managed by Kotak Mahindra Mutual Fund House. The fund has 1.52% investment in Debt of which 1.52% in Government securities.
The fund size (Asset Under Management) of the scheme is around Rs 160,18 crores and it charges a total expense ratio of around 0.77%. The fund has no exit load charge.
The prime objective of the fund is to generate returns through investments in debt and money market instruments with overnight maturity. There is no assurance that the investment objective will be achieved.
Aditya Birla Sun Life Money Manager Fund – Growth
A money market category debt mutual fund, run and managed by Aditya Birla Sun Life Mutual Fund House. The fund has 97.07% investment in Debt of which 17.45% in Government securities, and 79.6% in funds invested in very low-risk securities.
The fund size (Asset Under Management) of the scheme is around Rs 16,480 crores and it charges a total expense ratio of around 0.33%. The fund has no exit load charge.
The primary objective of the scheme is to generate regular income through investment in a portfolio comprising of money market instruments.
To get more details about the fund you can refer to the fund fact sheet or you can get in touch with us. Call us on- 0612-6604453 or mail us at [email protected]
For any kind of query, you can contact us at Shri Ashutosh Securities Pvt Ltd., we are here to help you in any way possible.
Happy Investing!
(Mutual Fund investments are subject to market risk Illustrations are for example only, there is no guarantee of returns. Past performance is not an indicator/guarantee of future returns).