No lock-in period. Withdraw money anytime.
Recommend investing for 1 to 3 Years

Start your investment

Amount to Invest

Min amount: 2500

Mode of Investment

Monthly (SIP)One Time

Rs. 4,000 invested every month becomes Rs. 25 Lakhs in 25 years

Better than FD

Returns per yr (5 Year Avg.)8.2%
Withdraw AnytimeNo Lock-in

Higher returns than bank FDs and RDs. Low risk investments. Ideal to invest for 1-3 years. Withdraw money anytime. No lock-in

Funds in this plan

Edit Funds

FUND

Return
3 Year Average

Return
5 Year Average

SBI Magnum Low Duration Fund
Debt-Ultra Short Duration
7.53%
8.05%
ICICI Prudential Savings Fund
Debt-Ultra Short Duration
7.85%
8.34%
HDFC Short Term Debt Fund
Debt-Short Duration
7.62%
8.35%
Reliance Prime Debt Fund
Debt-Ultra Short Duration
7.65%
8.16%

Start your investment

Amount to Invest

Min amount: 2500

Mode of Investment

Monthly (SIP)One Time

Rs. 4,000 invested every month becomes Rs. 25 Lakhs in 25 years

Plan Summary
Fund Summary
Why Cleartax
Recommended Plans
FAQs

Plan Summary

Average returns of plans

Period	Returns (per year)
3 Years	7.4%
5 Years	8.2%

This plan invests in

AAA Rated Debt: 81.48%
AA/AA+ Rated Debt: 13.2%
Cash: 2.08%
Other: 3.24%

Why should you invest in these funds?

With focus on credit quality, HDFC has given reasonable returns at a low risk profile.
While maintaining a moderate level of risk, Reliance fund has delivered higher returns in last 10 years.
Ensuring high liquidity, SBI Magnum has been top performer across category & benchmark.

Fund Summary

Period	Returns (per year)
1 Year	7.73%
3 Years	7.53%
5 Years	8.05%
10 Years	7.8%

Fund Details
ISIN	INF200K01MO2
Risk	Moderately Low risk
Fund Type	Fixed Income
NAV	Rs. 2380.14
Expense Ratio	0.46

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Customer Reviews

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RahulCampus Manager, Bangalore

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1Select amount to invest
2Enter Personal Details
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Why ClearTax Invest?

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Trusted by Over 25 Lakh Indians
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18.5%5Y Return

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Suggest investing for 5 or more Years

Benefits

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Funds in the basket

Save Taxes

18.4%5Y Return

Lowest Lock-In Period of 3 Years
Suggested investing for 5 or more Year

Benefits

Invest any amount
Reduce Tax upto ?46,800
Shortest lock-in: 3 Years
Earn more than PPF, Tax FD

Funds in the basket

Aggressive Growth

20.5%5Y Return

No lock-in. Best suited for Monthly SIP
Recommend investing for 5 to 10 Years

Benefits

Just started working?
Get into habit of investing
Grow wealth for cost of beer and pizza over weekends

Funds in the basket

Frequently Asked Questions

What are debt-funds?
Debt funds is an investment vehicle that mainly invest in fixed income securities like corporate bonds, treasury bills, government securities and other money market instruments.
What is recommended investment duration?
It is the suggested period for which one should invest in a mutual fund. It does not mean that the money will be locked-in for that period. While the investor can withdraw the money anytime before, it is advisable to stay invested for the suggested period to reap the best benefits (returns).
What are annualized returns?
The return for a period more than 1 year is annualized. For instance, a 3-Year Return (annualized) of 18% means the fund gave 18% return each year, on an average, for the last 3 years. An initial investment of Rs 1000 would have grow into: Rs 1000*1.18*1.18*1.18 = Rs 1643 in 3 years.
What is a lock-in period?
It is the period for which your money will remain locked in the mutual fund. Most mutuals do not have any lock-in period. ELSS, Tax-Savers, come with a lock-in of 3 years which is the lowest compared to other 80C investment options.
Should I choose Monthly SIP or One time investment?
An SIP allows you to invest a fixed sum regularly in mutual fund(s) of your choice. A one-time investment is when you invest on-time in bulk in mutual fund(s). SIP comes with few advantages: It allows you to invest small amount every month without the stress of paying in bulk. Investing all through the year averages the cost of investing - you don?t end up paying too much per unit of mutual fund. Gives you financial discipline
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Need help?

Risk: Low to Moderate Risk

What does risk mean?

All investments come with risk. Risk is the volatility or fluctuation in the price (and returns) of the investment. Usually,

High Risk = High possible returns
Low Risk = Stable, relatively lower returns