Table of Contents
Best Bond Mutual Funds 2020
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.
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.
Talk to our investment specialist
Bond Funds to Invest for < 1 year
Fund NAV Net Assets (Cr) 3 MO (%) 6 MO (%) 1 YR (%) 3 YR (%) 2019 (%) Debt Yield (YTM) Mod. Duration Eff. Maturity Aditya Birla Sun Life Savings Fund Growth ₹396.97
↑ 4.92 ₹16,489 1.4 3.3 7.8 7.7 8.5 6.5% 5M 19D 6M 18D PGIM India Insta Cash Fund Growth ₹256.756
↑ 0.63 ₹780 1.3 2.7 6.2 6.8 6.7 5.64% 1M 13D 1M 13D JM Liquid Fund Growth ₹53.9901
↑ 0.10 ₹1,931 1.3 2.6 6.1 6.8 6.6 5.57% 18D 18D Indiabulls Liquid Fund Growth ₹1,924.73
↑ 0.18 ₹763 1.4 2.7 6.1 6.8 6.6 0% Principal Cash Management Fund Growth ₹1,748.77
↑ 0.34 ₹161 1.2 2.6 5.7 3.5 6.2 5.46% 22D 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 > 1 year
Fund NAV Net Assets (Cr) 3 MO (%) 6 MO (%) 1 YR (%) 3 YR (%) 2019 (%) Debt Yield (YTM) Mod. Duration Eff. Maturity PGIM India Short Maturity Fund Growth ₹33.1026
↑ 0.72 ₹42 1 1.9 -1.1 3.6 -0.5 6.43% 2Y 1M 10D 2Y 6M 18D ICICI Prudential Short Term Fund Growth ₹42.0807
↑ 0.88 ₹13,470 1.9 4.4 9.2 7.3 9.7 7.08% 2Y 3M 22D 3Y 1M 6D Nippon India Short Term Fund Growth ₹37.7476
↑ 0.64 ₹7,862 1.9 4.2 9 7.1 9.4 6.94% 1Y 10M 28D 2Y 3M 11D Aditya Birla Sun Life Short Term Opportunities Fund Growth ₹33.1233
↑ 0.76 ₹3,035 0.9 2.5 7.5 6.9 8.5 8.07% 2Y 6M 14D 3Y 3M 18D Axis Strategic Bond Fund Growth ₹19.1241
↑ 0.04 ₹1,268 0.8 3.2 5.4 6.8 7.1 8.3% 3Y 2M 12D 4Y 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
Fund NAV Net Assets (Cr) 3 MO (%) 6 MO (%) 1 YR (%) 3 YR (%) 2019 (%) Debt Yield (YTM) Mod. Duration Eff. Maturity SBI Magnum Gilt Fund Growth ₹46.931
↑ 0.40 ₹2,071 3.8 6.2 15.5 8.3 13.1 0% Nippon India Gilt Securities Fund Growth ₹28.295
↑ 0.31 ₹1,135 3.4 5.7 14.1 9 12.4 6.51% 5Y 9M 11D 7Y 11M 16D UTI Gilt Fund Growth ₹46.2508
↑ 0.62 ₹503 3.2 4.8 13.3 7.8 11.8 0% 9Y 7M 2D Aditya Birla Sun Life Government Securities Fund Growth ₹58.847
↑ 0.56 ₹231 3.4 5 13.2 8.4 11 6.75% 7Y 29D 10Y 11M 12D SBI Magnum Income Fund Growth ₹50.5125
↑ 1.14 ₹1,301 3 6.9 12.8 8 11.7 0% 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
Fund NAV Net Assets (Cr) 3 MO (%) 6 MO (%) 1 YR (%) 3 YR (%) 2019 (%) Debt Yield (YTM) Mod. Duration Eff. Maturity SBI Magnum Constant Maturity Fund Growth ₹46.2896
↑ 0.41 ₹551 3.4 5.3 14.4 10 11.9 0% IDFC Government Securities Fund - Constant Maturity Plan Growth ₹33.0706
↑ 0.35 ₹159 3.9 6.5 16.2 11.7 14.2 6.62% 5Y 9M 14D 7Y 8M 1D ICICI Prudential Constant Maturity Gilt Fund Growth ₹17.5142
↑ 0.16 ₹99 3.9 6.2 15.6 9.7 12.8 6.72% 7Y 1M 13D 10Y 3M 7D DSP BlackRock 10Y G-Sec Fund Growth ₹16.32
↑ 0.15 ₹44 3.7 5.8 14 7.6 10.8 6.58% 6Y 9M 25D 9Y 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)
(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 Below is the key information for Nippon India Strategic Debt Fund Returns up to 1 year are on 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 Below is the key information for Aditya Birla Sun Life Medium Term Plan Returns up to 1 year are on 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 Below is the key information for Franklin India Short Term Income Plan - Retail Plan Returns up to 1 year are on 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 Below is the key information for Franklin India Income Opportunities Fund Returns up to 1 year are on 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 Below is the key information for Kotak Medium Term Fund Returns up to 1 year are on (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 Below is the key information for Axis Strategic Bond Fund Returns up to 1 year are on 1. Nippon India Strategic Debt Fund
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% . 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.
Date Value 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 Returns for Nippon India Strategic Debt Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 27 Mar 20 Duration Returns 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
Year Returns 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
Name Since Tenure Prashant Pimple 26 Jun 14 5.52 Yr. Kinjal Desai 25 May 18 1.6 Yr. Data below for Nippon India Strategic Debt Fund as on 29 Feb 20
Asset Allocation
Asset Class Value Cash 13.4% Debt 86.6% Other 0% Debt Sector Allocation
Sector Value Corporate 86.6% Cash Equivalent 13.4% Credit Quality
Rating Value A 19.14% AA 48.87% AAA 5.85% BBB 24.26% Below B 1.89% Top Securities Holdings / Portfolio
Name Holding Value Quantity Yes Bank Limited
Debentures | -22% ₹395 Cr 5,700 INDIAN RECEIVABLE TRUST 19 FEB - 2019
Unlisted bonds | -10% ₹178 Cr 2,282 U.P. Power Corporation Limited
Debentures | -7% ₹133 Cr 1,325
↓ -500 Shriram Transport Finance Company Limited
Debentures | -5% ₹93 Cr 936
↓ -06 Net Current Assets
Net Current Assets | -5% ₹92 Cr INDIAN RECEIVABLE TRUST 19 FEB - 2019
Unlisted bonds | -5% ₹86 Cr 1,100 Ahmedabad-Maliya Tollway Limited
Debentures | -5% ₹83 Cr 850 INDIAN RECEIVABLE TRUST 2019 SERIES 3
Unlisted bonds | -4% ₹71 Cr 1,100 SEI Enerstar Renewable Energy Private Ltd.
Debentures | -3% ₹57 Cr 6,500 U.P. Power Corporation Limited
Debentures | -3% ₹49 Cr 490 2. Aditya Birla Sun Life Medium Term Plan
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% . 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.
Date Value 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 Returns for Aditya Birla Sun Life Medium Term Plan
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 27 Mar 20 Duration Returns 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
Year Returns 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
Name Since Tenure Maneesh Dangi 1 Sep 14 5.33 Yr. Sunaina Cunha 1 Apr 17 2.75 Yr. Data below for Aditya Birla Sun Life Medium Term Plan as on 29 Feb 20
Asset Allocation
Asset Class Value Cash 3.6% Equity 0.6% Debt 95.8% Debt Sector Allocation
Sector Value Corporate 62.12% Government 31.58% Cash Equivalent 5.64% Credit Quality
Rating Value A 18.71% AA 24.87% AAA 48.05% BBB 0.8% Below B 7.58% Top Securities Holdings / Portfolio
Name Holding Value Quantity SP Imperial Star Private Limited
Unlisted bonds | -10% ₹451 Cr 325 Power Finance Corporation Ltd.
Debentures | -4% ₹202 Cr 2,000 GOVT STOCK
Sovereign Bonds | -4% ₹190 Cr 18,424,500
↑ 7,500,000 7.26% Govt Stock 2029
Sovereign Bonds | -4% ₹180 Cr 17,520,250
↓ -4,000,000 GOVT STOCK
Sovereign Bonds | -3% ₹145 Cr 14,012,410
↑ 10,000,000 7.72% GS 2025
Sovereign Bonds | -3% ₹137 Cr 13,000,000 Air India Assets Holding Limited
Debentures | -3% ₹126 Cr 1,250
↓ -750 Net Receivables / (Payables)
Net Current Assets | -3% ₹126 Cr REC LIMITED
Debentures | -3% ₹125 Cr 1,211
↓ -50 Power Finance Corporation Limited
Debentures | -2% ₹101 Cr 1,000 3. Franklin India Short Term Income Plan - Retail Plan
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% . 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.
Date Value 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 Returns for Franklin India Short Term Income Plan - Retail Plan
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 27 Mar 20 Duration Returns 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
Year Returns 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
Name Since Tenure Santosh Kamath 24 Jun 16 3.52 Yr. Kunal Agrawal 24 Jun 16 3.52 Yr. Data below for Franklin India Short Term Income Plan - Retail Plan as on 29 Feb 20
Asset Allocation
Asset Class Value Cash 4.75% Debt 95.25% Debt Sector Allocation
Sector Value Corporate 97.18% Cash Equivalent 2.49% Government 0.33% Credit Quality
Rating Value A 43.76% AA 43.02% AAA 8.01% BBB 3.63% Below B 1.58% Top Securities Holdings / Portfolio
Name Holding Value Quantity PIPELINE INFRASTRUCTURE PRIVATE LIMITED
Debentures | -8% ₹780 Cr 7,700 SHRIRAM TRANSPORT FINANCE COMPANY LIMITED
Debentures | -7% ₹718 Cr 7,200 ADANI RAIL INFRA PRIVATE LIMITED
Debentures | -6% ₹563 Cr 480 PIRAMAL CAPITAL & HOUSING FINANCE LIMITED
Debentures | -4% ₹370 Cr 4,813 Rishanth Wholesale Trading Private Ltd.
Debentures | -3% ₹352 Cr 350 Edelweiss Agri Value Chain Limited
Debentures | -3% ₹303 Cr 3,100 EDELWEISS COMMODITIES SERVICES LIMITED
Debentures | -3% ₹277 Cr 2,800 Yes Bank Limited
Debentures | -3% ₹274 Cr 3,523 Renew Power Ventures Private Limited
Debentures | -2% ₹246 Cr 2,560 S. D. CORPORATION PRIVATE LIMITED
Debentures | -2% ₹243 Cr 2,450 4. Franklin India Income Opportunities Fund
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% . 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.
Date Value 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 Returns for Franklin India Income Opportunities Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 27 Mar 20 Duration Returns 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
Year Returns 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
Name Since Tenure Santosh Kamath 1 Jun 16 3.58 Yr. Kunal Agrawal 25 Oct 18 1.18 Yr. Data below for Franklin India Income Opportunities Fund as on 29 Feb 20
Asset Allocation
Asset Class Value Cash 6.59% Debt 93.41% Debt Sector Allocation
Sector Value Corporate 90.27% Cash Equivalent 6.59% Government 3.14% Credit Quality
Rating Value A 41.86% AA 52.13% AAA 3.95% B 1.34% Below B 0.72% Top Securities Holdings / Portfolio
Name Holding Value Quantity Parimal Finance Private Limited
Debentures | -8% ₹238 Cr 2,797 Coastal Gujarat Power Limited
Debentures | -7% ₹208 Cr 1,910 Shriram Transport Finance Company Limited
Debentures | -5% ₹152 Cr 1,550 Rivaaz Trade Ventures Private Limited
Debentures | -5% ₹138 Cr 1,400 Sadbhav Infrastructure Project Limited
Debentures | -4% ₹119 Cr 1,000 DCB Bank Limited
Debentures | -4% ₹119 Cr 12,100 ADANI RAIL INFRA PRIVATE LIMITED
Debentures | -4% ₹117 Cr 100 Andhra Pradesh Capital Region Development Authority
Debentures | -4% ₹114 Cr 5,858 Renew Power Ventures Private Limited
Debentures | -3% ₹100 Cr 1,000 S. D. CORPORATION PRIVATE LIMITED
Debentures | -3% ₹99 Cr 1,000 5. Kotak Medium Term Fund
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% . 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.
Date Value 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 Returns for Kotak Medium Term Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 27 Mar 20 Duration Returns 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
Year Returns 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
Name Since Tenure Deepak Agrawal 25 Mar 14 5.69 Yr. Data below for Kotak Medium Term Fund as on 29 Feb 20
Asset Allocation
Asset Class Value Cash 10.6% Debt 89.4% Debt Sector Allocation
Sector Value Corporate 63.99% Government 30.53% Cash Equivalent 5.49% Credit Quality
Rating Value A 16.43% AA 26.41% AAA 55.19% BBB 1.98% Top Securities Holdings / Portfolio
Name Holding Value Quantity U.P. Power Corporation Limited
Debentures | -7% ₹236 Cr 2,350 Coastal Gujarat Power Limited
Debentures | -7% ₹235 Cr 2,250 Reliance Jio Infocomm Limited
Debentures | -7% ₹214 Cr 2,040
↓ -10 Reliance Ports And Terminals Limited
Debentures | -6% ₹203 Cr 2,000
↑ 100 Punjab National Bank
Debentures | -6% ₹197 Cr 2,000
↓ -50 Punjab and Sind Bank
Debentures | -5% ₹157 Cr 1,546 7.26% Govt Stock 2029
Sovereign Bonds | -5% ₹154 Cr 15,000,000 Cash Offset For Derivatives
Derivative Margin | -5% -₹154 Cr 15,398
↓ -227 Net Current Assets/(Liabilities)
Net Current Assets | -5% ₹148 Cr POWER FINANCE CORPORATION LIMITED
Debentures | -4% ₹130 Cr 1,230
↓ -270 6. Axis Strategic Bond Fund
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% . 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.
Date Value 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 Returns for Axis Strategic Bond Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 27 Mar 20 Duration Returns 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
Year Returns 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
Name Since Tenure Devang Shah 5 Nov 12 7.07 Yr. Dhaval Patel 1 Jun 18 1.5 Yr. Data below for Axis Strategic Bond Fund as on 29 Feb 20
Asset Allocation
Asset Class Value Cash 5.48% Debt 94.52% Debt Sector Allocation
Sector Value Corporate 60.91% Government 27.59% Cash Equivalent 5.97% Securitized 5.54% Credit Quality
Rating Value A 10.48% AA 34.75% AAA 54.78% Top Securities Holdings / Portfolio
Name Holding Value Quantity Indian Railway Finance Corporation Limited
Debentures | -6% ₹70 Cr 700 GOVT STOCK
Sovereign Bonds | -5% ₹66 Cr 6,300,000
↑ 500,000 Rural Electrification Corporation Limited
Debentures | -4% ₹51 Cr 500 Net Receivables / (Payables)
Net Current Assets | -3% ₹42 Cr EMBASSY OFFICE PARKS REIT
Debentures | -3% ₹41 Cr 380
↑ 380 GOVT STOCK
Sovereign Bonds | -3% ₹36 Cr 3,500,000
↑ 1,000,000 Coastal Gujarat Power Limited
Debentures | -3% ₹36 Cr 350 NATIONAL HIGHWAYS AUTHORITY OF INDIA
Debentures | -3% ₹33 Cr 312 Syndicate Bank
Debentures | -3% ₹31 Cr 310 Union Bank Of India
Debentures | -2% ₹30 Cr 300
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 |
How to Invest in Bond Funds Online?
Open Free Investment Account for Lifetime at Fincash.com.
Complete your Registration and KYC Process
Upload Documents (PAN, Aadhaar, etc.). And, You are Ready to Invest!
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.
You Might Also Like
AMFI Registration No. 112358 | CIN: U74999MH2016PTC282153
Shepard Technologies Pvt. Ltd. (with ARN code 112358) makes no warranties or representations, express or implied, on products offered through the platform. It accepts no liability for any damages or losses, however caused, in connection with the use of, or on the reliance of its product or related services. Terms and conditions of the website are applicable.
©2020 Shepard Technologies Private Limited. All Rights Reserved