Top and Best Performing Ultra Short-Term Funds

• The best place to park money right now is in ultra short-term mutual funds. 
• Here are some top ultra short-term funds providing handsome returns. 
• Many of these best performing funds have to holding period of 45-90 days to avoid exit load (0.5-1%).

The table provides 3-month returns for ultra short-term debt mutual funds.

Fund	NAV (Date)	Returns(%)	Return as on
Sundaram SD Short-term	17.27  (29-Sep)	3.84	9/29/2011
Religare Short-term Plan A	13.73  (29-Sep)	2.76	9/29/2011
Religare Short-term Plan B	13.86  (29-Sep)	2.62	9/29/2011
Pramerica Short Term Income	1,070.05  (29-Sep)	2.46	9/29/2011
JP Morgan India Short Term Income	11.17  (29-Sep)	2.45	9/29/2011
Peerless Short Term	11.31  (29-Sep)	2.43	9/29/2011
Peerless Ultra Short Term Super Inst	11.21  (29-Sep)	2.41	9/29/2011
Sundaram Flexible Fund Short Term Inst	16.16  (29-Sep)	2.41	9/29/2011
Religare Credit Opportunities Inst	11.50  (29-Sep)	2.41	9/29/2011
DWS Short Maturity Premium Plus	10.61  (29-Sep)	2.40	9/29/2011
source: valueresearchonline.com