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Best Bond Mutual Funds 2019
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.
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Bond Funds to Invest for < 1 year
Fund NAV Net Assets (Cr) 3 MO (%) 6 MO (%) 1 YR (%) 3 YR (%) 2018 (%) Debt Yield (YTM) Mod. Duration Eff. Maturity Franklin India Ultra Short Bond Fund - Super Institutional Plan Growth ₹27.9434
↑ 0.01 ₹19,950 2.2 4.5 9.6 8.8 9.44% 5M 16D 6M 25D Aditya Birla Sun Life Savings Fund Growth ₹390.439
↑ 0.04 ₹15,840 1.7 4.1 8.7 7.7 5.99% 3M 22D 4M 6D DHFL Pramerica Insta Cash Fund Growth ₹252.912
↑ 0.04 ₹468 1.4 3 6.9 7 5.45% 22D 25D JM Liquid Fund Growth ₹53.1852
↑ 0.01 ₹1,109 1.3 2.9 6.7 6.9 5.27% 18D 18D Indiabulls Liquid Fund Growth ₹1,894.07
↑ 0.25 ₹545 1.3 2.9 6.7 6.9 5.34% 24D 25D Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 11 Dec 19
Bond Funds to Invest for > 1 year
Fund NAV Net Assets (Cr) 3 MO (%) 6 MO (%) 1 YR (%) 3 YR (%) 2018 (%) Debt Yield (YTM) Mod. Duration Eff. Maturity DHFL Pramerica Short Maturity Fund Growth ₹32.6842
↓ -0.02 ₹84 0.7 11.1 -0.3 3.8 7.57% 2Y 5M 19D 3Y 1M 6D Reliance Short Term Fund Growth ₹36.9199
↓ -0.02 ₹5,910 1.8 4.8 9.7 6.7 7.4% 2Y 14D 2Y 5M 12D ICICI Prudential Short Term Fund Growth ₹41.056
↓ -0.03 ₹10,909 1.8 4.6 9.7 6.9 7.28% 1Y 10M 24D 2Y 6M 29D Aditya Birla Sun Life Short Term Opportunities Fund Growth ₹32.7841
↓ -0.02 ₹3,220 1.5 4.4 9.1 6.8 7.75% 1Y 10M 24D 2Y 5M 1D Axis Strategic Bond Fund Growth ₹18.8483
↓ -0.02 ₹1,212 1.7 4.6 7 6.7 8.38% 2Y 10M 24D 3Y 9M 18D Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 11 Dec 19
Bond Funds to Invest for > 3 years
Fund NAV Net Assets (Cr) 3 MO (%) 6 MO (%) 1 YR (%) 3 YR (%) 2018 (%) Debt Yield (YTM) Mod. Duration Eff. Maturity SBI Magnum Gilt Fund Growth ₹44.4457
↓ -0.06 ₹1,944 0.3 5.1 12.3 6.6 6.06% 4Y 2M 19D 6Y 1M 13D UTI Gilt Fund Growth ₹44.3293
↓ -0.08 ₹570 0.3 5.5 12.2 6.9 6.48% 4Y 6M 22D 7Y 6M 24D Reliance Gilt Securities Fund Growth ₹26.8834
↓ -0.07 ₹1,090 0 4.5 12.1 7 6.66% 5Y 10M 24D 8Y 4M 20D Aditya Birla Sun Life Government Securities Fund Growth ₹56.3059
↓ -0.08 ₹265 0.5 4.9 11.2 6.6 6.24% 3Y 7M 20D 4Y 10M 28D SBI Magnum Income Fund Growth ₹48.0152
↓ -0.07 ₹1,215 1.2 4.6 10.2 6.6 7.55% 3Y 10M 10D 5Y 6M 25D Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 11 Dec 19
Best 10-Year Govt. Bond Funds
Fund NAV Net Assets (Cr) 3 MO (%) 6 MO (%) 1 YR (%) 3 YR (%) 2018 (%) Debt Yield (YTM) Mod. Duration Eff. Maturity SBI Magnum Constant Maturity Fund Growth ₹43.9015
↓ -0.13 ₹481 -0.2 4.6 11.3 8.7 6.62% 6Y 6M 29D 9Y 8M 19D IDFC Government Securities Fund - Constant Maturity Plan Growth ₹31.0703
↓ -0.11 ₹126 -0.4 4.7 13.4 9.8 7.04% 7Y 3M 14D 11Y 4M 6D ICICI Prudential Constant Maturity Gilt Fund Growth ₹16.5455
↓ -0.04 ₹86 0 5.1 12.6 7.5 6.97% 6Y 11M 19D 10Y 2M 5D DSP BlackRock 10Y G-Sec Fund Growth ₹15.4597
↓ -0.05 ₹44 0.1 4.4 10.4 5.6 6.7% 6Y 7M 10D 9Y 5M 23D Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 11 Dec 19
*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)
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 (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. Reliance 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 Reliance Strategic Debt Fund 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 (Erstwhile UTI - Bond Fund) The Scheme will retain the flexibility to invest in the entire range of debt and money market instruments. The flexibility is being retained to adjust the portfolio in response to a change in the risk to return equation for asset classes under investment, with a view to maintain risks within manageable limits. UTI Bond Fund is a Debt - Medium to Long term fund was launched on 4 May 98. It is a fund with Moderate risk and has given a Below is the key information for UTI Bond 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 1. Aditya Birla Sun Life Medium Term Plan
CAGR/Annualized return of 7.5% since its launch. Ranked 6 in Medium term Bond category. . Aditya Birla Sun Life Medium Term Plan
Growth Launch Date 25 Mar 09 NAV (11 Dec 19) ₹21.6449 ↑ 0.00 (0.01 %) Net Assets (Cr) ₹6,007 on 31 Oct 19 Category Debt - Medium term Bond AMC Birla Sun Life Asset Management Co Ltd Rating ☆☆☆☆ Risk Moderate Expense Ratio 1.67 Sharpe Ratio -0.08 Information Ratio -1.01 Alpha Ratio -3.42 Min Investment 1,000 Min SIP Investment 1,000 Exit Load 0-365 Days (1%),365 Days and above(NIL) Yield to Maturity 17.14% Effective Maturity 3 Years 3 Months 18 Days Modified Duration 2 Years 5 Months 16 Days Growth of 10,000 investment over the years.
Date Value 30 Nov 14 ₹10,000 30 Nov 15 ₹11,007 30 Nov 16 ₹12,313 30 Nov 17 ₹13,117 30 Nov 18 ₹13,725 30 Nov 19 ₹13,203 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 11 Dec 19 Duration Returns 1 Month -6.2% 3 Month -8.1% 6 Month -5.4% 1 Year -4.3% 3 Year 2.4% 5 Year 5.5% 10 Year 15 Year Since launch 7.5% Historical performance (Yearly) on absolute basis
Year Returns 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 Fund Manager information for Aditya Birla Sun Life Medium Term Plan
Name Since Tenure Maneesh Dangi 1 Sep 14 5.17 Yr. Sunaina Cunha 1 Apr 17 2.58 Yr. Data below for Aditya Birla Sun Life Medium Term Plan as on 31 Oct 19
Asset Allocation
Asset Class Value Cash 3.74% Equity 0.51% Debt 95.75% Debt Sector Allocation
Sector Value Corporate 71.07% Government 24.68% Cash Equivalent 3.74% Credit Quality
Rating Value A 12.17% AA 22.6% AAA 44.57% BB 5.5% Below B 7.97% Top Securities Holdings / Portfolio
Name Holding Value Quantity SP Imperial Star Private Limited
Unlisted bonds | -7% ₹436 Cr 325 Adilink Infra & Multitrading Private Limited
Debentures | -7% ₹416 Cr 5,215 Sprit Textiles Private Limited
Debentures | -5% ₹318 Cr 2,531 Air India Assets Holding Limited
Debentures | -5% ₹276 Cr 2,750 GOVT STOCK
Sovereign Bonds | -4% ₹228 Cr 21,924,500
↑ 21,924,500 Power Finance Corporation Ltd.
Debentures | -3% ₹202 Cr 2,000
↑ 2,000 Net Receivables / (Payables)
Net Current Assets | -3% ₹188 Cr REC LIMITED
Debentures | -3% ₹179 Cr 1,761 Adani Transmission Limited
Debentures | -3% ₹176 Cr 1,766 7.72% GS 2025
Sovereign Bonds | -3% ₹158 Cr 15,000,000
↑ 15,000,000 2. Reliance Strategic Debt Fund
CAGR/Annualized return of 6.2% since its launch. Ranked 7 in Medium term Bond category. . Reliance Strategic Debt Fund
Growth Launch Date 26 Jun 14 NAV (11 Dec 19) ₹13.8656 ↓ -0.01 (-0.07 %) Net Assets (Cr) ₹2,942 on 31 Oct 19 Category Debt - Medium term Bond AMC Reliance Nippon Life Asset Management Ltd. Rating ☆☆☆☆ Risk Moderate Expense Ratio 1.7 Sharpe Ratio -0.72 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 12.2% Effective Maturity 4 Years 3 Months Modified Duration 2 Years 9 Months 4 Days Growth of 10,000 investment over the years.
Date Value 30 Nov 14 ₹10,000 30 Nov 15 ₹10,911 30 Nov 16 ₹12,291 30 Nov 17 ₹13,068 30 Nov 18 ₹13,546 30 Nov 19 ₹13,154 Returns for Reliance Strategic Debt Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 11 Dec 19 Duration Returns 1 Month -1.5% 3 Month -1% 6 Month -1.2% 1 Year -3.2% 3 Year 2.5% 5 Year 5.5% 10 Year 15 Year Since launch 6.2% Historical performance (Yearly) on absolute basis
Year Returns 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 Fund Manager information for Reliance Strategic Debt Fund
Name Since Tenure Prashant Pimple 26 Jun 14 5.35 Yr. Kinjal Desai 25 May 18 1.44 Yr. Data below for Reliance Strategic Debt Fund as on 31 Oct 19
Asset Allocation
Asset Class Value Cash 6.09% Debt 93.91% Other 0% Debt Sector Allocation
Sector Value Corporate 93.9% Cash Equivalent 6.09% Government 0.01% Credit Quality
Rating Value A 13.78% AA 59.52% AAA 6.3% BBB 17.95% Below B 2.45% Top Securities Holdings / Portfolio
Name Holding Value Quantity Yes Bank Limited
Debentures | -16% ₹472 Cr 5,700 Nirma Limited
Debentures | -9% ₹266 Cr 2,750 U.P. Power Corporation Limited
Debentures | -7% ₹198 Cr 1,975 INDIAN RECEIVABLE TRUST 19 FEB - 2019
Unlisted bonds | -7% ₹194 Cr 2,282 Shriram Transport Finance Company Limited
Debentures | -6% ₹166 Cr 1,765 Indian Hospitals Corporation Limited
Debentures | -3% ₹101 Cr 914 INDIAN RECEIVABLE TRUST 19 FEB - 2019
Unlisted bonds | -3% ₹95 Cr 1,100 Ahmedabad-Maliya Tollway Limited
Debentures | -3% ₹83 Cr 850 EMBASSY OFFICE PARKS REIT
Debentures | -3% ₹79 Cr 750 INDIAN RECEIVABLE TRUST 2019 SERIES 3
Unlisted bonds | -3% ₹78 Cr 1,100 3. Franklin India Short Term Income Plan - Retail Plan
CAGR/Annualized return of 8.2% since its launch. Ranked 19 in Short term Bond category. . Franklin India Short Term Income Plan - Retail Plan
Growth Launch Date 31 Jan 02 NAV (11 Dec 19) ₹4,073.4 ↓ -1.34 (-0.03 %) Net Assets (Cr) ₹12,551 on 31 Oct 19 Category Debt - Short term Bond AMC Franklin Templeton Asst Mgmt(IND)Pvt Ltd Rating ☆☆ Risk Moderate Expense Ratio 1.57 Sharpe Ratio 1.6 Information Ratio 0.1 Alpha Ratio -4.78 Min Investment 5,000 Min SIP Investment 500 Exit Load 0-1 Years (0.5%),1 Years and above(NIL) Yield to Maturity 12.19% Effective Maturity 2 Years 9 Months 8 Days Modified Duration 2 Years 29 Days Growth of 10,000 investment over the years.
Date Value 30 Nov 14 ₹10,000 30 Nov 15 ₹10,924 30 Nov 16 ₹11,873 30 Nov 17 ₹12,906 30 Nov 18 ₹13,813 30 Nov 19 ₹14,753 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 11 Dec 19 Duration Returns 1 Month -0.3% 3 Month -0.1% 6 Month 1.2% 1 Year 5.6% 3 Year 7.3% 5 Year 7.9% 10 Year 15 Year Since launch 8.2% Historical performance (Yearly) on absolute basis
Year Returns 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 Fund Manager information for Franklin India Short Term Income Plan - Retail Plan
Name Since Tenure Santosh Kamath 24 Jun 16 3.35 Yr. Kunal Agrawal 24 Jun 16 3.35 Yr. Data below for Franklin India Short Term Income Plan - Retail Plan as on 31 Oct 19
Asset Allocation
Asset Class Value Cash 1.41% Debt 96.04% Other 2.55% Debt Sector Allocation
Sector Value Corporate 93.44% Government 2.61% Cash Equivalent 1.41% Credit Quality
Rating Value A 41.72% AA 38.66% AAA 12.08% BB 2.74% BBB 1.36% Below B 0.89% Top Securities Holdings / Portfolio
Name Holding Value Quantity PIPELINE INFRASTRUCTURE PRIVATE LIMITED
Debentures | -6% ₹777 Cr 7,700 SHRIRAM TRANSPORT FINANCE COMPANY LIMITED
Debentures | -5% ₹683 Cr 7,200 ADANI RAIL INFRA PRIVATE LIMITED
Debentures | -4% ₹547 Cr 480 Idea Cellular Limited
Debentures | -3% ₹399 Cr 5,230 PIRAMAL CAPITAL & HOUSING FINANCE LIMITED
Debentures | -3% ₹365 Cr 4,813 Rishanth Wholesale Trading Private Ltd.
Debentures | -3% ₹354 Cr 350 Call, Cash & Other Assets
Receivables | -3% ₹320 Cr Yes Bank Limited
Debentures | -2% ₹309 Cr 3,523 Edelweiss Agri Value Chain Limited
Debentures | -2% ₹299 Cr 3,100 EDELWEISS COMMODITIES SERVICES LIMITED
Debentures | -2% ₹279 Cr 2,800 4. Franklin India Income Opportunities Fund
CAGR/Annualized return of 8.9% since its launch. Ranked 15 in Medium term Bond category. . Franklin India Income Opportunities Fund
Growth Launch Date 12 Nov 09 NAV (11 Dec 19) ₹22.9492 ↓ -0.01 (-0.06 %) Net Assets (Cr) ₹3,410 on 31 Oct 19 Category Debt - Medium term Bond AMC Franklin Templeton Asst Mgmt(IND)Pvt Ltd Rating ☆☆☆ Risk Moderate Expense Ratio 1.7 Sharpe Ratio 1.4 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 12% Effective Maturity 4 Years 5 Months 22 Days Modified Duration 3 Years 25 Days Growth of 10,000 investment over the years.
Date Value 30 Nov 14 ₹10,000 30 Nov 15 ₹10,931 30 Nov 16 ₹11,915 30 Nov 17 ₹12,935 30 Nov 18 ₹13,818 30 Nov 19 ₹14,741 Returns for Franklin India Income Opportunities Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 11 Dec 19 Duration Returns 1 Month 0.7% 3 Month 0.8% 6 Month 1.9% 1 Year 6.2% 3 Year 7.3% 5 Year 8% 10 Year 15 Year Since launch 8.9% Historical performance (Yearly) on absolute basis
Year Returns 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 Fund Manager information for Franklin India Income Opportunities Fund
Name Since Tenure Santosh Kamath 1 Jun 16 3.42 Yr. Kunal Agrawal 25 Oct 18 1.02 Yr. Data below for Franklin India Income Opportunities Fund as on 31 Oct 19
Asset Allocation
Asset Class Value Cash 0.34% Debt 95.71% Other 3.96% Debt Sector Allocation
Sector Value Corporate 88.81% Government 6.9% Cash Equivalent 0.34% Credit Quality
Rating Value A 38.38% AA 43.03% AAA 11.92% BB 1.58% BBB 0.34% Below B 0.79% Top Securities Holdings / Portfolio
Name Holding Value Quantity Parimal Finance Private Limited
Debentures | -7% ₹231 Cr 2,797 Power Finance Corporation Ltd.
Debentures | -6% ₹199 Cr 1,890 Coastal Gujarat Power Limited
Debentures | -6% ₹191 Cr 1,910 Shriram Transport Finance Company Limited
Debentures | -4% ₹144 Cr 1,550 Rivaaz Trade Ventures Private Limited
Debentures | -4% ₹137 Cr 1,400 Call, Cash & Other Assets
Receivables | -4% ₹135 Cr DCB Bank Limited
Debentures | -3% ₹117 Cr 12,100 Sadbhav Infrastructure Project Limited
Debentures | -3% ₹115 Cr 1,000 ADANI RAIL INFRA PRIVATE LIMITED
Debentures | -3% ₹114 Cr 100 Andhra Pradesh Capital Region Development Authority
Debentures | -3% ₹113 Cr 5,858 5. UTI Bond Fund
CAGR/Annualized return of 7.7% since its launch. Ranked 11 in Medium to Long term category. . UTI Bond Fund
Growth Launch Date 4 May 98 NAV (11 Dec 19) ₹49.7062 ↓ -0.06 (-0.11 %) Net Assets (Cr) ₹557 on 31 Oct 19 Category Debt - Medium to Long term AMC UTI Asset Management Company Ltd Rating ☆☆☆☆ Risk Moderate Expense Ratio 1.72 Sharpe Ratio -1.05 Information Ratio 0 Alpha Ratio 0 Min Investment 1,000 Min SIP Investment 500 Exit Load NIL Yield to Maturity 9.68% Effective Maturity 6 Years 8 Months 9 Days Modified Duration 4 Years 7 Months 2 Days Growth of 10,000 investment over the years.
Date Value 30 Nov 14 ₹10,000 30 Nov 15 ₹10,829 30 Nov 16 ₹12,605 30 Nov 17 ₹12,949 30 Nov 18 ₹13,183 30 Nov 19 ₹12,530 Returns for UTI Bond Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 11 Dec 19 Duration Returns 1 Month 0.1% 3 Month -1.7% 6 Month 1.4% 1 Year -5.9% 3 Year 0.1% 5 Year 4.1% 10 Year 15 Year Since launch 7.7% Historical performance (Yearly) on absolute basis
Year Returns 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 Fund Manager information for UTI Bond Fund
Name Since Tenure Amandeep Chopra 1 Feb 12 7.16 Yr. Data below for UTI Bond Fund as on 31 Oct 19
Asset Allocation
Asset Class Value Cash 17.55% Debt 82.45% Debt Sector Allocation
Sector Value Government 58.53% Corporate 23.92% Cash Equivalent 17.55% Credit Quality
Rating Value A 9.13% AA 11.72% AAA 70.99% Below B 8.16% Top Securities Holdings / Portfolio
Name Holding Value Quantity 6. Kotak Medium Term Fund
CAGR/Annualized return of 8.4% since its launch. Ranked 10 in Medium term Bond category. . Kotak Medium Term Fund
Growth Launch Date 25 Mar 14 NAV (11 Dec 19) ₹15.9114 ↓ -0.02 (-0.11 %) Net Assets (Cr) ₹3,412 on 31 Oct 19 Category Debt - Medium term Bond AMC Kotak Mahindra Asset Management Co Ltd Rating ☆☆☆ Risk Moderate Expense Ratio 1.63 Sharpe Ratio 1.32 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 9.24% Effective Maturity 4 Years 5 Months 1 Day Modified Duration 3 Years 1 Month 20 Days Growth of 10,000 investment over the years.
Date Value 30 Nov 14 ₹10,000 30 Nov 15 ₹10,941 30 Nov 16 ₹12,302 30 Nov 17 ₹13,036 30 Nov 18 ₹13,616 30 Nov 19 ₹14,719 Returns for Kotak Medium Term Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 11 Dec 19 Duration Returns 1 Month 0.5% 3 Month 2.2% 6 Month 4.7% 1 Year 7.1% 3 Year 6.2% 5 Year 7.7% 10 Year 15 Year Since launch 8.4% Historical performance (Yearly) on absolute basis
Year Returns 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 Fund Manager information for Kotak Medium Term Fund
Name Since Tenure Deepak Agrawal 25 Mar 14 5.61 Yr. Data below for Kotak Medium Term Fund as on 31 Oct 19
Asset Allocation
Asset Class Value Cash 10.61% Debt 89.39% Debt Sector Allocation
Sector Value Corporate 61.56% Government 34.44% Cash Equivalent 4% Credit Quality
Rating Value A 24.39% AA 32.34% AAA 42.19% BBB 1.08% 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% ₹225 Cr 2,250 Reliance Jio Infocomm Limited
Debentures | -6% ₹215 Cr 2,050 Punjab National Bank
Debentures | -6% ₹196 Cr 2,050 Reliance Ports And Terminals Limited
Debentures | -6% ₹191 Cr 1,900 POWER FINANCE CORPORATION LIMITED
Debentures | -5% ₹158 Cr 1,500 Cash Offset For Derivatives
Derivative Margin | -5% -₹156 Cr 15,617
↑ 15,617 7.26% Govt Stock 2029
Sovereign Bonds | -5% ₹156 Cr 15,000,000
↑ 15,000,000 Punjab and Sind Bank
Debentures | -5% ₹156 Cr 1,546
↓ -250 Net Current Assets/(Liabilities)
Net Current Assets | -4% ₹123 Cr
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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