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Best Bond Mutual Funds 2020

Updated on March 25, 2020 , 16653 views

Bond Mutual Funds offer higher returns than bank accounts and are highly liquid in nature, which means that investors can redeem their investment at any point of time. Some of the best major benefits of investing in Bond Funds are low-cost structure, relatively higher returns, high liquidity and reasonable safety.

Bonds

Bond Funds also known as Debt fund. It’s a type of Mutual Fund scheme that invests in fixed income instruments such as government & corporate Bonds, money market instruments, corporate debt securities, etc., that offer capital appreciation. Bond Funds are an ideal investment for average risk-averse investors who are looking for stable & regular income. These funds are less volatile and hence are less risky than Equity Funds. Moreover, Bond Funds can be a better alternative to a bank Fixed Deposit.

Following are the best Bond Funds as per the category ranking that can help you achieve your Financial goals and can help you earn better returns.

Why to Invest in Bond Mutual Funds?

Some of the important benefits of these funds are:

  • Bond Funds are a good option for earning regular income. For instance, choosing dividend payout can be an option for regular income.
  • It is a good option to plan short financial goals. In a shorter duration, these funds ensure safety returns and as highly liquid as well.
  • In Bond Funds, you can withdraw/redeem even partial money from your investment at any point and can let the remaining money stay invested.
  • As, Bond Funds majorly invest in government securities they are not affected by the volatility of the equity market. Hence, it’s an optimal investment avenue for those who are risk-averse.

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Bond Funds to Invest for < 1 year

FundNAVNet Assets (Cr)3 MO (%)6 MO (%)1 YR (%)3 YR (%)2019 (%)Debt Yield (YTM)Mod. DurationEff. Maturity
Aditya Birla Sun Life Savings Fund Growth ₹396.97
↑ 4.92
₹16,4891.43.37.87.78.56.5%5M 19D6M 18D
PGIM India Insta Cash Fund Growth ₹256.756
↑ 0.63
₹7801.32.76.26.86.75.64%1M 13D1M 13D
JM Liquid Fund Growth ₹53.9901
↑ 0.10
₹1,9311.32.66.16.86.65.57%18D18D
Indiabulls Liquid Fund Growth ₹1,924.73
↑ 0.18
₹7631.42.76.16.86.60%
Principal Cash Management Fund Growth ₹1,748.77
↑ 0.34
₹1611.22.65.73.56.25.46%22D24D
Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 27 Mar 20

Bond Funds to Invest for > 1 year

FundNAVNet Assets (Cr)3 MO (%)6 MO (%)1 YR (%)3 YR (%)2019 (%)Debt Yield (YTM)Mod. DurationEff. Maturity
PGIM India Short Maturity Fund Growth ₹33.1026
↑ 0.72
₹4211.9-1.13.6-0.56.43%2Y 1M 10D2Y 6M 18D
ICICI Prudential Short Term Fund Growth ₹42.0807
↑ 0.88
₹13,4701.94.49.27.39.77.08%2Y 3M 22D3Y 1M 6D
Nippon India Short Term Fund Growth ₹37.7476
↑ 0.64
₹7,8621.94.297.19.46.94%1Y 10M 28D2Y 3M 11D
Aditya Birla Sun Life Short Term Opportunities Fund Growth ₹33.1233
↑ 0.76
₹3,0350.92.57.56.98.58.07%2Y 6M 14D3Y 3M 18D
Axis Strategic Bond Fund Growth ₹19.1241
↑ 0.04
₹1,2680.83.25.46.87.18.3%3Y 2M 12D4Y 4M 24D
Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 27 Mar 20

Bond Funds to Invest for > 3 years

FundNAVNet Assets (Cr)3 MO (%)6 MO (%)1 YR (%)3 YR (%)2019 (%)Debt Yield (YTM)Mod. DurationEff. Maturity
SBI Magnum Gilt Fund Growth ₹46.931
↑ 0.40
₹2,0713.86.215.58.313.10%
Nippon India Gilt Securities Fund Growth ₹28.295
↑ 0.31
₹1,1353.45.714.1912.46.51%5Y 9M 11D7Y 11M 16D
UTI Gilt Fund Growth ₹46.2508
↑ 0.62
₹5033.24.813.37.811.80%9Y 7M 2D
Aditya Birla Sun Life Government Securities Fund Growth ₹58.847
↑ 0.56
₹2313.4513.28.4116.75%7Y 29D10Y 11M 12D
SBI Magnum Income Fund Growth ₹50.5125
↑ 1.14
₹1,30136.912.8811.70%
Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 27 Mar 20

Best 10-Year Govt. Bond Funds

FundNAVNet Assets (Cr)3 MO (%)6 MO (%)1 YR (%)3 YR (%)2019 (%)Debt Yield (YTM)Mod. DurationEff. Maturity
SBI Magnum Constant Maturity Fund Growth ₹46.2896
↑ 0.41
₹5513.45.314.41011.90%
IDFC Government Securities Fund - Constant Maturity Plan Growth ₹33.0706
↑ 0.35
₹1593.96.516.211.714.26.62%5Y 9M 14D7Y 8M 1D
ICICI Prudential Constant Maturity Gilt Fund Growth ₹17.5142
↑ 0.16
₹993.96.215.69.712.86.72%7Y 1M 13D10Y 3M 7D
DSP BlackRock 10Y G-Sec Fund Growth ₹16.32
↑ 0.15
₹443.75.8147.610.86.58%6Y 9M 25D9Y 6M 18D
Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 27 Mar 20

*Below is the list of Bond Mutual Funds having net assets 50 Crore and having managed assets for over 3 Years. Based on heighest Yield to Maturity (ytm)

1. Nippon India Strategic Debt Fund

(Erstwhile Reliance Classic Bond Fund)

To generate income through investments in a range of debt and money market instruments of various maturities with a view to maximizing income while maintaining the optimum balance of yield, safety and liquidity. The scheme would focus its investments predominantly in corporate bonds of various maturities and across ratings for the purpose of achieving regular income and capital appreciation.

Nippon India Strategic Debt Fund is a Debt - Medium term Bond fund was launched on 26 Jun 14. It is a fund with Moderate risk and has given a CAGR/Annualized return of 0.8% since its launch.  Ranked 7 in Medium term Bond category.  Return for 2019 was -3.4% , 2018 was 4.7% and 2017 was 6.9% .

Below is the key information for Nippon India Strategic Debt Fund

Nippon India Strategic Debt Fund
Growth
Launch Date 26 Jun 14
NAV (27 Mar 20) ₹10.4775 ↑ 0.20   (1.98 %)
Net Assets (Cr) ₹1,774 on 29 Feb 20
Category Debt - Medium term Bond
AMC Nippon Life Asset Management Ltd.
Rating
Risk Moderate
Expense Ratio 1.7
Sharpe Ratio -1.1
Information Ratio 0
Alpha Ratio 0
Min Investment 5,000
Min SIP Investment 100
Exit Load 0-12 Months (1%),12 Months and above(NIL)
Yield to Maturity 15.79%
Effective Maturity 3 Years 9 Months 11 Days
Modified Duration 2 Years 6 Months 4 Days

Growth of 10,000 investment over the years.

DateValue
28 Feb 15₹10,000
29 Feb 16₹10,773
28 Feb 17₹12,013
28 Feb 18₹12,747
28 Feb 19₹13,383
29 Feb 20₹12,955

Nippon India Strategic Debt Fund SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual Returns:
%
Total investment amount is ₹180,000
expected amount after 3 Years is .
Net Profit of
Invest Now

Returns for Nippon India Strategic Debt Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 27 Mar 20

DurationReturns
1 Month -25.4%
3 Month -24.8%
6 Month -25.1%
1 Year -28.6%
3 Year -7.2%
5 Year -0.8%
10 Year
15 Year
Since launch 0.8%
Historical performance (Yearly) on absolute basis
YearReturns
2019 -3.4%
2018 4.7%
2017 6.9%
2016 11.1%
2015 9%
2014
2013
2012
2011
2010
Fund Manager information for Nippon India Strategic Debt Fund
NameSinceTenure
Prashant Pimple26 Jun 145.52 Yr.
Kinjal Desai25 May 181.6 Yr.

Data below for Nippon India Strategic Debt Fund as on 29 Feb 20

Asset Allocation
Asset ClassValue
Cash13.4%
Debt86.6%
Other0%
Debt Sector Allocation
SectorValue
Corporate86.6%
Cash Equivalent13.4%
Credit Quality
RatingValue
A19.14%
AA48.87%
AAA5.85%
BBB24.26%
Below B1.89%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
Yes Bank Limited
Debentures | -
22%₹395 Cr5,700
INDIAN RECEIVABLE TRUST 19 FEB - 2019
Unlisted bonds | -
10%₹178 Cr2,282
U.P. Power Corporation Limited
Debentures | -
7%₹133 Cr1,325
↓ -500
Shriram Transport Finance Company Limited
Debentures | -
5%₹93 Cr936
↓ -06
Net Current Assets
Net Current Assets | -
5%₹92 Cr
INDIAN RECEIVABLE TRUST 19 FEB - 2019
Unlisted bonds | -
5%₹86 Cr1,100
Ahmedabad-Maliya Tollway Limited
Debentures | -
5%₹83 Cr850
INDIAN RECEIVABLE TRUST 2019 SERIES 3
Unlisted bonds | -
4%₹71 Cr1,100
SEI Enerstar Renewable Energy Private Ltd.
Debentures | -
3%₹57 Cr6,500
U.P. Power Corporation Limited
Debentures | -
3%₹49 Cr490

2. Aditya Birla Sun Life Medium Term Plan

The primary investment objective of the Scheme is to generate regular income through investments in debt & money market instruments in order to make regular dividend payments to unit holders & secondary objective is growth of capital.

Aditya Birla Sun Life Medium Term Plan is a Debt - Medium term Bond fund was launched on 25 Mar 09. It is a fund with Moderate risk and has given a CAGR/Annualized return of 7.4% since its launch.  Ranked 6 in Medium term Bond category.  Return for 2019 was -4.4% , 2018 was 5.6% and 2017 was 7% .

Below is the key information for Aditya Birla Sun Life Medium Term Plan

Aditya Birla Sun Life Medium Term Plan
Growth
Launch Date 25 Mar 09
NAV (27 Mar 20) ₹21.9326 ↑ 0.41   (1.89 %)
Net Assets (Cr) ₹4,452 on 29 Feb 20
Category Debt - Medium term Bond
AMC Birla Sun Life Asset Management Co Ltd
Rating
Risk Moderate
Expense Ratio 1.67
Sharpe Ratio -0.69
Information Ratio -1.19
Alpha Ratio -8.4
Min Investment 1,000
Min SIP Investment 1,000
Exit Load 0-365 Days (1%),365 Days and above(NIL)
Yield to Maturity 15.68%
Effective Maturity 4 Years 6 Months 4 Days
Modified Duration 3 Years 3 Months

Growth of 10,000 investment over the years.

DateValue
28 Feb 15₹10,000
29 Feb 16₹10,839
28 Feb 17₹11,979
28 Feb 18₹12,831
28 Feb 19₹13,300
29 Feb 20₹13,039

Aditya Birla Sun Life Medium Term Plan SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual Returns:
%
Total investment amount is ₹180,000
expected amount after 3 Years is ₹197,169.
Net Profit of ₹17,169
Invest Now

Returns for Aditya Birla Sun Life Medium Term Plan

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 27 Mar 20

DurationReturns
1 Month -0.5%
3 Month 0.7%
6 Month -7%
1 Year -3.5%
3 Year 2.5%
5 Year 5.2%
10 Year
15 Year
Since launch 7.4%
Historical performance (Yearly) on absolute basis
YearReturns
2019 -4.4%
2018 5.6%
2017 7%
2016 10.9%
2015 9.5%
2014 12%
2013 10.2%
2012 11.1%
2011 9.4%
2010 5.9%
Fund Manager information for Aditya Birla Sun Life Medium Term Plan
NameSinceTenure
Maneesh Dangi1 Sep 145.33 Yr.
Sunaina Cunha1 Apr 172.75 Yr.

Data below for Aditya Birla Sun Life Medium Term Plan as on 29 Feb 20

Asset Allocation
Asset ClassValue
Cash3.6%
Equity0.6%
Debt95.8%
Debt Sector Allocation
SectorValue
Corporate62.12%
Government31.58%
Cash Equivalent5.64%
Credit Quality
RatingValue
A18.71%
AA24.87%
AAA48.05%
BBB0.8%
Below B7.58%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
SP Imperial Star Private Limited
Unlisted bonds | -
10%₹451 Cr325
Power Finance Corporation Ltd.
Debentures | -
4%₹202 Cr2,000
GOVT STOCK
Sovereign Bonds | -
4%₹190 Cr18,424,500
↑ 7,500,000
7.26% Govt Stock 2029
Sovereign Bonds | -
4%₹180 Cr17,520,250
↓ -4,000,000
GOVT STOCK
Sovereign Bonds | -
3%₹145 Cr14,012,410
↑ 10,000,000
7.72% GS 2025
Sovereign Bonds | -
3%₹137 Cr13,000,000
Air India Assets Holding Limited
Debentures | -
3%₹126 Cr1,250
↓ -750
Net Receivables / (Payables)
Net Current Assets | -
3%₹126 Cr
REC LIMITED
Debentures | -
3%₹125 Cr1,211
↓ -50
Power Finance Corporation Limited
Debentures | -
2%₹101 Cr1,000

3. Franklin India Short Term Income Plan - Retail Plan

The objective of the Scheme is to provide investors stable returns by investing in fixed income securities.

Franklin India Short Term Income Plan - Retail Plan is a Debt - Short term Bond fund was launched on 31 Jan 02. It is a fund with Moderate risk and has given a CAGR/Annualized return of 7.7% since its launch.  Ranked 19 in Short term Bond category.  Return for 2019 was 4.2% , 2018 was 8.8% and 2017 was 8.6% .

Below is the key information for Franklin India Short Term Income Plan - Retail Plan

Franklin India Short Term Income Plan - Retail Plan
Growth
Launch Date 31 Jan 02
NAV (27 Mar 20) ₹3,816.47 ↑ 80.08   (2.14 %)
Net Assets (Cr) ₹10,122 on 29 Feb 20
Category Debt - Short term Bond
AMC Franklin Templeton Asst Mgmt(IND)Pvt Ltd
Rating
Risk Moderate
Expense Ratio 1.57
Sharpe Ratio -0.55
Information Ratio -0.79
Alpha Ratio -8.7
Min Investment 5,000
Min SIP Investment 500
Exit Load 0-1 Years (0.5%),1 Years and above(NIL)
Yield to Maturity 11.98%
Effective Maturity 2 Years 5 Months 12 Days
Modified Duration 1 Year 10 Months 6 Days

Growth of 10,000 investment over the years.

DateValue
28 Feb 15₹10,000
29 Feb 16₹10,603
28 Feb 17₹11,799
28 Feb 18₹12,711
28 Feb 19₹13,838
29 Feb 20₹13,928

Franklin India Short Term Income Plan - Retail Plan SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual Returns:
%
Total investment amount is ₹180,000
expected amount after 3 Years is ₹197,169.
Net Profit of ₹17,169
Invest Now

Returns for Franklin India Short Term Income Plan - Retail Plan

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 27 Mar 20

DurationReturns
1 Month -4%
3 Month -6.2%
6 Month -6.1%
1 Year -4.3%
3 Year 4.1%
5 Year 5.9%
10 Year
15 Year
Since launch 7.7%
Historical performance (Yearly) on absolute basis
YearReturns
2019 4.2%
2018 8.8%
2017 8.6%
2016 8.3%
2015 9.1%
2014 11.7%
2013 9%
2012 10%
2011 9%
2010 5.6%
Fund Manager information for Franklin India Short Term Income Plan - Retail Plan
NameSinceTenure
Santosh Kamath24 Jun 163.52 Yr.
Kunal Agrawal24 Jun 163.52 Yr.

Data below for Franklin India Short Term Income Plan - Retail Plan as on 29 Feb 20

Asset Allocation
Asset ClassValue
Cash4.75%
Debt95.25%
Debt Sector Allocation
SectorValue
Corporate97.18%
Cash Equivalent2.49%
Government0.33%
Credit Quality
RatingValue
A43.76%
AA43.02%
AAA8.01%
BBB3.63%
Below B1.58%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
PIPELINE INFRASTRUCTURE PRIVATE LIMITED
Debentures | -
8%₹780 Cr7,700
SHRIRAM TRANSPORT FINANCE COMPANY LIMITED
Debentures | -
7%₹718 Cr7,200
ADANI RAIL INFRA PRIVATE LIMITED
Debentures | -
6%₹563 Cr480
PIRAMAL CAPITAL & HOUSING FINANCE LIMITED
Debentures | -
4%₹370 Cr4,813
Rishanth Wholesale Trading Private Ltd.
Debentures | -
3%₹352 Cr350
Edelweiss Agri Value Chain Limited
Debentures | -
3%₹303 Cr3,100
EDELWEISS COMMODITIES SERVICES LIMITED
Debentures | -
3%₹277 Cr2,800
Yes Bank Limited
Debentures | -
3%₹274 Cr3,523
Renew Power Ventures Private Limited
Debentures | -
2%₹246 Cr2,560
S. D. CORPORATION PRIVATE LIMITED
Debentures | -
2%₹243 Cr2,450

4. Franklin India Income Opportunities Fund

The Fund seeks to provide regular income and capital appreciation by investing in fixed income securities across the yield curve.

Franklin India Income Opportunities Fund is a Debt - Medium term Bond fund was launched on 12 Nov 09. It is a fund with Moderate risk and has given a CAGR/Annualized return of 8.9% since its launch.  Ranked 15 in Medium term Bond category.  Return for 2019 was 5.2% , 2018 was 8% and 2017 was 8.6% .

Below is the key information for Franklin India Income Opportunities Fund

Franklin India Income Opportunities Fund
Growth
Launch Date 12 Nov 09
NAV (27 Mar 20) ₹22.3054 ↑ 0.56   (2.58 %)
Net Assets (Cr) ₹2,935 on 29 Feb 20
Category Debt - Medium term Bond
AMC Franklin Templeton Asst Mgmt(IND)Pvt Ltd
Rating
Risk Moderate
Expense Ratio 1.7
Sharpe Ratio -0.22
Information Ratio 0
Alpha Ratio 0
Min Investment 5,000
Min SIP Investment 500
Exit Load 0-12 Months (3%),12-18 Months (2%),18-24 Months (1%),24 Months and above(NIL)
Yield to Maturity 11.06%
Effective Maturity 4 Years 3 Months 18 Days
Modified Duration 2 Years 11 Months 8 Days

Growth of 10,000 investment over the years.

DateValue
28 Feb 15₹10,000
29 Feb 16₹10,616
28 Feb 17₹11,845
28 Feb 18₹12,750
28 Feb 19₹13,738
29 Feb 20₹14,002

Franklin India Income Opportunities Fund SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual Returns:
%
Total investment amount is ₹180,000
expected amount after 3 Years is ₹200,132.
Net Profit of ₹20,132
Invest Now

Returns for Franklin India Income Opportunities Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 27 Mar 20

DurationReturns
1 Month -0.6%
3 Month -2.8%
6 Month -1.8%
1 Year 0.3%
3 Year 5.4%
5 Year 6.7%
10 Year
15 Year
Since launch 8.9%
Historical performance (Yearly) on absolute basis
YearReturns
2019 5.2%
2018 8%
2017 8.6%
2016 8.4%
2015 9.3%
2014 11.6%
2013 8.6%
2012 10.2%
2011 9.1%
2010 7.1%
Fund Manager information for Franklin India Income Opportunities Fund
NameSinceTenure
Santosh Kamath1 Jun 163.58 Yr.
Kunal Agrawal25 Oct 181.18 Yr.

Data below for Franklin India Income Opportunities Fund as on 29 Feb 20

Asset Allocation
Asset ClassValue
Cash6.59%
Debt93.41%
Debt Sector Allocation
SectorValue
Corporate90.27%
Cash Equivalent6.59%
Government3.14%
Credit Quality
RatingValue
A41.86%
AA52.13%
AAA3.95%
B1.34%
Below B0.72%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
Parimal Finance Private Limited
Debentures | -
8%₹238 Cr2,797
Coastal Gujarat Power Limited
Debentures | -
7%₹208 Cr1,910
Shriram Transport Finance Company Limited
Debentures | -
5%₹152 Cr1,550
Rivaaz Trade Ventures Private Limited
Debentures | -
5%₹138 Cr1,400
Sadbhav Infrastructure Project Limited
Debentures | -
4%₹119 Cr1,000
DCB Bank Limited
Debentures | -
4%₹119 Cr12,100
ADANI RAIL INFRA PRIVATE LIMITED
Debentures | -
4%₹117 Cr100
Andhra Pradesh Capital Region Development Authority
Debentures | -
4%₹114 Cr5,858
Renew Power Ventures Private Limited
Debentures | -
3%₹100 Cr1,000
S. D. CORPORATION PRIVATE LIMITED
Debentures | -
3%₹99 Cr1,000

5. Kotak Medium Term Fund

The investment objective of the scheme is to generate regular income and capital appreciation by investing in a portfolio of medium term debt and money market instruments. There is no assurance or guarantee that the investment objective of the scheme will be achieved

Kotak Medium Term Fund is a Debt - Medium term Bond fund was launched on 25 Mar 14. It is a fund with Moderate risk and has given a CAGR/Annualized return of 8.3% since its launch.  Ranked 10 in Medium term Bond category.  Return for 2019 was 7% , 2018 was 5.4% and 2017 was 6.6% .

Below is the key information for Kotak Medium Term Fund

Kotak Medium Term Fund
Growth
Launch Date 25 Mar 14
NAV (27 Mar 20) ₹16.2217 ↑ 0.47   (3.00 %)
Net Assets (Cr) ₹3,324 on 29 Feb 20
Category Debt - Medium term Bond
AMC Kotak Mahindra Asset Management Co Ltd
Rating
Risk Moderate
Expense Ratio 1.63
Sharpe Ratio 1.67
Information Ratio 0
Alpha Ratio 0
Min Investment 5,000
Min SIP Investment 1,000
Exit Load 0-18 Months (2%),18 Months and above(NIL)
Yield to Maturity 8.55%
Effective Maturity 4 Years 7 Months 2 Days
Modified Duration 3 Years 3 Months 25 Days

Growth of 10,000 investment over the years.

DateValue
28 Feb 15₹10,000
29 Feb 16₹10,850
28 Feb 17₹12,050
28 Feb 18₹12,773
28 Feb 19₹13,509
29 Feb 20₹14,756

Kotak Medium Term Fund SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual Returns:
%
Total investment amount is ₹180,000
expected amount after 3 Years is ₹203,125.
Net Profit of ₹23,125
Invest Now

Returns for Kotak Medium Term Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 27 Mar 20

DurationReturns
1 Month -1.4%
3 Month 1.5%
6 Month 4.2%
1 Year 6.4%
3 Year 6.3%
5 Year 7.7%
10 Year
15 Year
Since launch 8.3%
Historical performance (Yearly) on absolute basis
YearReturns
2019 7%
2018 5.4%
2017 6.6%
2016 10.9%
2015 9.3%
2014
2013
2012
2011
2010
Fund Manager information for Kotak Medium Term Fund
NameSinceTenure
Deepak Agrawal25 Mar 145.69 Yr.

Data below for Kotak Medium Term Fund as on 29 Feb 20

Asset Allocation
Asset ClassValue
Cash10.6%
Debt89.4%
Debt Sector Allocation
SectorValue
Corporate63.99%
Government30.53%
Cash Equivalent5.49%
Credit Quality
RatingValue
A16.43%
AA26.41%
AAA55.19%
BBB1.98%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
U.P. Power Corporation Limited
Debentures | -
7%₹236 Cr2,350
Coastal Gujarat Power Limited
Debentures | -
7%₹235 Cr2,250
Reliance Jio Infocomm Limited
Debentures | -
7%₹214 Cr2,040
↓ -10
Reliance Ports And Terminals Limited
Debentures | -
6%₹203 Cr2,000
↑ 100
Punjab National Bank
Debentures | -
6%₹197 Cr2,000
↓ -50
Punjab and Sind Bank
Debentures | -
5%₹157 Cr1,546
7.26% Govt Stock 2029
Sovereign Bonds | -
5%₹154 Cr15,000,000
Cash Offset For Derivatives
Derivative Margin | -
5%-₹154 Cr15,398
↓ -227
Net Current Assets/(Liabilities)
Net Current Assets | -
5%₹148 Cr
POWER FINANCE CORPORATION LIMITED
Debentures | -
4%₹130 Cr1,230
↓ -270

6. Axis Strategic Bond Fund

(Erstwhile Axis Income Fund)

To generate optimal returns in the medium term while maintaining liquidity of the portfolio by investing in debt and money market instruments.

Axis Strategic Bond Fund is a Debt - Medium term Bond fund was launched on 28 Mar 12. It is a fund with Moderate risk and has given a CAGR/Annualized return of 8.4% since its launch.  Ranked 7 in Medium term Bond category.  Return for 2019 was 7.1% , 2018 was 6.7% and 2017 was 7.5% .

Below is the key information for Axis Strategic Bond Fund

Axis Strategic Bond Fund
Growth
Launch Date 28 Mar 12
NAV (26 Mar 20) ₹19.1241 ↑ 0.04   (0.19 %)
Net Assets (Cr) ₹1,268 on 29 Feb 20
Category Debt - Medium term Bond
AMC Axis Asset Management Company Limited
Rating
Risk Moderate
Expense Ratio 1.16
Sharpe Ratio 1.53
Information Ratio 0
Alpha Ratio 0
Min Investment 5,000
Min SIP Investment 1,000
Exit Load 0-12 Months (1%),12 Months and above(NIL)
Yield to Maturity 8.3%
Effective Maturity 4 Years 4 Months 24 Days
Modified Duration 3 Years 2 Months 12 Days

Growth of 10,000 investment over the years.

DateValue
28 Feb 15₹10,000
29 Feb 16₹10,471
28 Feb 17₹11,763
28 Feb 18₹12,600
28 Feb 19₹13,485
29 Feb 20₹14,661

Axis Strategic Bond Fund SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual Returns:
%
Total investment amount is ₹180,000
expected amount after 3 Years is ₹203,125.
Net Profit of ₹23,125
Invest Now

Returns for Axis Strategic Bond Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 27 Mar 20

DurationReturns
1 Month -1.9%
3 Month 0.8%
6 Month 3.2%
1 Year 5.4%
3 Year 6.8%
5 Year 7.6%
10 Year
15 Year
Since launch 8.4%
Historical performance (Yearly) on absolute basis
YearReturns
2019 7.1%
2018 6.7%
2017 7.5%
2016 11.6%
2015 6.8%
2014 15%
2013 4.7%
2012
2011
2010
Fund Manager information for Axis Strategic Bond Fund
NameSinceTenure
Devang Shah5 Nov 127.07 Yr.
Dhaval Patel1 Jun 181.5 Yr.

Data below for Axis Strategic Bond Fund as on 29 Feb 20

Asset Allocation
Asset ClassValue
Cash5.48%
Debt94.52%
Debt Sector Allocation
SectorValue
Corporate60.91%
Government27.59%
Cash Equivalent5.97%
Securitized5.54%
Credit Quality
RatingValue
A10.48%
AA34.75%
AAA54.78%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
Indian Railway Finance Corporation Limited
Debentures | -
6%₹70 Cr700
GOVT STOCK
Sovereign Bonds | -
5%₹66 Cr6,300,000
↑ 500,000
Rural Electrification Corporation Limited
Debentures | -
4%₹51 Cr500
Net Receivables / (Payables)
Net Current Assets | -
3%₹42 Cr
EMBASSY OFFICE PARKS REIT
Debentures | -
3%₹41 Cr380
↑ 380
GOVT STOCK
Sovereign Bonds | -
3%₹36 Cr3,500,000
↑ 1,000,000
Coastal Gujarat Power Limited
Debentures | -
3%₹36 Cr350
NATIONAL HIGHWAYS AUTHORITY OF INDIA
Debentures | -
3%₹33 Cr312
Syndicate Bank
Debentures | -
3%₹31 Cr310
Union Bank Of India
Debentures | -
2%₹30 Cr300

Bond Funds Taxation

Tax implication on Bond Funds or Debt Funds is computed in the following manner-

Short Term Capital Gains

If the holding period of a debt investment is less than 36 months, then it is classified as a short-term investment and these are taxed as per individual's tax slab.

Long Term Capital Gains

If the holding period of debt investment is more than 36 months, then it is classified as a long-term investment and is taxed at 20% with an indexation benefit.

Capital Gains Investment Holding Gains Taxation
Short Term Capital Gains Less than 36 months As per individual's tax slab
Long Term Capital Gains More than 36 months 20% with indexation benefits

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Disclaimer:
All efforts have been made to ensure the information provided here is accurate. However, no guarantees are made regarding correctness of data. Please verify with scheme information document before making any investment.
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