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Best Bond Mutual Funds 2021

Updated on January 14, 2021 , 20949 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 (%)2020 (%)Debt Yield (YTM)Mod. DurationEff. Maturity
Aditya Birla Sun Life Savings Fund Growth ₹419.332
↓ 0.00
₹17,29512.46.87.673.76%5M 16D6M 7D
PGIM India Insta Cash Fund Growth ₹264.504
↑ 0.01
₹9020.71.54.16.14.22.97%1M 2D1M 2D
JM Liquid Fund Growth ₹55.5081
↑ 0.00
₹2,4600.71.53.95.942.88%8D7D
Indiabulls Liquid Fund Growth ₹1,974.88
↑ 0.09
₹2540.71.53.85.83.90%
Principal Cash Management Fund Growth ₹1,795.23
↑ 0.30
₹2390.71.53.72.63.82.84%19D20D
Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 15 Jan 21

Bond Funds to Invest for > 1 year

FundNAVNet Assets (Cr)3 MO (%)6 MO (%)1 YR (%)3 YR (%)2020 (%)Debt Yield (YTM)Mod. DurationEff. Maturity
PGIM India Short Maturity Fund Growth ₹35.3002
↓ -0.01
₹420.72847.84.38%2Y 2M 1D2Y 6M 14D
Aditya Birla Sun Life Short Term Opportunities Fund Growth ₹36.432
↓ -0.02
₹8,5321.34.110.58.611.15.17%2Y 6M 7D3Y 1M 24D
ICICI Prudential Short Term Fund Growth ₹45.716
↓ -0.02
₹22,8021.63.110.48.610.65.11%2Y 4M 28D3Y 6M
Axis Strategic Bond Fund Growth ₹21.0043
↓ -0.01
₹1,02524.110.3810.56.77%3Y 3M 18D4Y 10M 24D
UTI Short Term Income Fund Growth ₹23.3624
↓ -0.01
₹3,30212.49.93.910.54.9%1Y 11M 19D2Y 6M 4D
Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 15 Jan 21

Bond Funds to Invest for > 3 years

FundNAVNet Assets (Cr)3 MO (%)6 MO (%)1 YR (%)3 YR (%)2020 (%)Debt Yield (YTM)Mod. DurationEff. Maturity
ICICI Prudential Gilt Fund Growth ₹77.852
↓ -0.09
₹4,8411.321310.112.60%
Aditya Birla Sun Life Government Securities Fund Growth ₹63.4799
↓ -0.11
₹56711.811.89.912.15.96%6Y 7M 10D9Y 4M 17D
Nippon India Gilt Securities Fund Growth ₹30.2784
↓ -0.04
₹2,1270.81.411.410.511.25.71%6Y 10M 13D10Y 7M 20D
SBI Magnum Gilt Fund Growth ₹50.2585
↓ -0.10
₹4,35611.811.49.811.70%
SBI Magnum Income Fund Growth ₹54.6901
↓ -0.08
₹1,7101.33.211.39.211.60%
Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 15 Jan 21

Best 10-Year Govt. Bond Funds

FundNAVNet Assets (Cr)3 MO (%)6 MO (%)1 YR (%)3 YR (%)2020 (%)Debt Yield (YTM)Mod. DurationEff. Maturity
SBI Magnum Constant Maturity Fund Growth ₹49.715
↓ -0.13
₹8090.92.111.710.911.60%
ICICI Prudential Constant Maturity Gilt Fund Growth ₹19.0893
↓ -0.04
₹3271.12.613.511.813.60%
IDFC Government Securities Fund - Constant Maturity Plan Growth ₹35.8333
↓ -0.09
₹3441.2213.312.813.26.01%6Y 5M 26D8Y 10M 2D
DSP BlackRock 10Y G-Sec Fund Growth ₹17.5235
↓ -0.05
₹450.81.511.59.411.85.86%7Y 29D9Y 6M 14D
Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 15 Jan 21

*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 1% since its launch.  Ranked 7 in Medium term Bond category.  Return for 2020 was -23.5% , 2019 was -3.4% and 2018 was 4.7% .

Below is the key information for Nippon India Strategic Debt Fund

Nippon India Strategic Debt Fund
Growth
Launch Date 26 Jun 14
NAV (15 Jan 21) ₹10.6729 ↓ 0.00   (-0.01 %)
Net Assets (Cr) ₹301 on 30 Nov 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 12.48%
Effective Maturity 4 Years 4 Months 28 Days
Modified Duration 3 Years 11 Days

Growth of 10,000 investment over the years.

DateValue
31 Dec 15₹10,000
31 Dec 16₹11,111
31 Dec 17₹11,878
31 Dec 18₹12,437
31 Dec 19₹12,012
31 Dec 20₹9,184

Nippon India Strategic Debt Fund SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual Returns:
%

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 15 Jan 21

DurationReturns
1 Month 0.7%
3 Month 2.4%
6 Month 2.2%
1 Year -23.5%
3 Year -8.3%
5 Year -1.7%
10 Year
15 Year
Since launch 1%
Historical performance (Yearly) on absolute basis
YearReturns
2020 -23.5%
2019 -3.4%
2018 4.7%
2017 6.9%
2016 11.1%
2015 9%
2014
2013
2012
2011
Fund Manager information for Nippon India Strategic Debt Fund
NameSinceTenure
Sushil Budhia1 Feb 200.92 Yr.

Data below for Nippon India Strategic Debt Fund as on 30 Nov 20

Asset Allocation
Asset ClassValue
Cash30.81%
Debt69.19%
Debt Sector Allocation
SectorValue
Corporate62.01%
Cash Equivalent30.81%
Government7.17%
Credit Quality
RatingValue
A71.51%
AA8.24%
AAA20.25%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
INDIAN RECEIVABLE TRUST 19 FEB - 2019
Unlisted bonds | -
49%₹146 Cr2,282
Indiabulls Housing Finance Limited
Debentures | -
6%₹16 Cr170,000
Bharat Sanchar Nigam Limited
Debentures | -
5%₹15 Cr150
8.31% Telangana SDL 2026
Sovereign Bonds | -
4%₹11 Cr1,000,000
Food Corporation Of India
Debentures | -
3%₹10 Cr100
State Bank Of India
Debentures | -
2%₹5 Cr50
Indiabulls Housing Finance Limited
Debentures | -
0%₹0 Cr50
JM Financial Asset Reconstruction Company Limited
Debentures | -
0%₹0 Cr02
Net Current Assets
Net Current Assets | -
22%₹64 Cr
Triparty Repo
CBLO/Reverse Repo | -
9%₹27 Cr

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 7.5% since its launch.  Ranked 6 in Medium term Bond category.  Return for 2020 was 8.1% , 2019 was -4.4% and 2018 was 5.6% .

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 (15 Jan 21) ₹23.6188 ↓ 0.00   (-0.01 %)
Net Assets (Cr) ₹1,951 on 30 Nov 20
Category Debt - Medium term Bond
AMC Birla Sun Life Asset Management Co Ltd
Rating
Risk Moderate
Expense Ratio 1.6
Sharpe Ratio 0.38
Information Ratio -1.02
Alpha Ratio -4.34
Min Investment 1,000
Min SIP Investment 1,000
Exit Load 0-365 Days (1%),365 Days and above(NIL)
Yield to Maturity 7.34%
Effective Maturity 5 Years 3 Months 25 Days
Modified Duration 3 Years 9 Months 14 Days

Growth of 10,000 investment over the years.

DateValue
31 Dec 15₹10,000
31 Dec 16₹11,087
31 Dec 17₹11,865
31 Dec 18₹12,531
31 Dec 19₹11,980
31 Dec 20₹12,952

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 15 Jan 21

DurationReturns
1 Month 0.5%
3 Month 1.3%
6 Month 4.9%
1 Year 8.2%
3 Year 2.9%
5 Year 5.3%
10 Year
15 Year
Since launch 7.5%
Historical performance (Yearly) on absolute basis
YearReturns
2020 8.1%
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%
Fund Manager information for Aditya Birla Sun Life Medium Term Plan
NameSinceTenure
Sunaina Cunha1 Apr 173.75 Yr.
Mohit Sharma6 Aug 200.4 Yr.

Data below for Aditya Birla Sun Life Medium Term Plan as on 30 Nov 20

Asset Allocation
Asset ClassValue
Cash8.99%
Equity1.26%
Debt89.75%
Debt Sector Allocation
SectorValue
Corporate52.92%
Government36.82%
Cash Equivalent8.99%
Credit Quality
RatingValue
A5.59%
AA32.94%
AAA50.64%
Below B10.82%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
5.77% GOI 2030
Sovereign Bonds | -
9%₹164 Cr16,500,000
↑ 9,000,000
Shriram - City Union Finance Limited
Debentures | -
6%₹120 Cr1,200
L&T Infrastructure Finance Company Limited
Debentures | -
6%₹115 Cr1,100
Shriram Transport Finance Company Limited
Debentures | -
5%₹100 Cr1,000
REC Limited
Debentures | -
5%₹94 Cr900
U.P. Power Corporation Limited
Debentures | -
5%₹93 Cr938
U.P. Power Corporation Limited
Debentures | -
5%₹91 Cr918
LIC Housing Finance Limited
Debentures | -
3%₹55 Cr550
↑ 550
8.15% Govt Stock 2026
Sovereign Bonds | -
3%₹51 Cr4,500,000
6.79% Govt Stock 2027
Sovereign Bonds | -
3%₹48 Cr4,500,000

3. 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 8.4% since its launch.  Ranked 10 in Medium term Bond category.  Return for 2020 was 8.5% , 2019 was 7% and 2018 was 5.4% .

Below is the key information for Kotak Medium Term Fund

Kotak Medium Term Fund
Growth
Launch Date 25 Mar 14
NAV (15 Jan 21) ₹17.3783 ↓ -0.01   (-0.03 %)
Net Assets (Cr) ₹1,980 on 30 Nov 20
Category Debt - Medium term Bond
AMC Kotak Mahindra Asset Management Co Ltd
Rating
Risk Moderate
Expense Ratio 1.58
Sharpe Ratio 0.59
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 7.07%
Effective Maturity 4 Years 8 Months 19 Days
Modified Duration 3 Years 5 Months 8 Days

Growth of 10,000 investment over the years.

DateValue
31 Dec 15₹10,000
31 Dec 16₹11,094
31 Dec 17₹11,821
31 Dec 18₹12,464
31 Dec 19₹13,338
31 Dec 20₹14,476

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 15 Jan 21

DurationReturns
1 Month 0.4%
3 Month 2.1%
6 Month 4.4%
1 Year 8.2%
3 Year 6.9%
5 Year 7.6%
10 Year
15 Year
Since launch 8.4%
Historical performance (Yearly) on absolute basis
YearReturns
2020 8.5%
2019 7%
2018 5.4%
2017 6.6%
2016 10.9%
2015 9.3%
2014
2013
2012
2011
Fund Manager information for Kotak Medium Term Fund
NameSinceTenure
Deepak Agrawal25 Mar 146.78 Yr.

Data below for Kotak Medium Term Fund as on 30 Nov 20

Asset Allocation
Asset ClassValue
Cash7.98%
Debt92.02%
Debt Sector Allocation
SectorValue
Government46.1%
Corporate45.91%
Cash Equivalent7.98%
Credit Quality
RatingValue
A12.21%
AA29.62%
AAA58.17%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
7.20% MH SDL 2027
Sovereign Bonds | -
8%₹159 Cr15,000,000
Punjab & Sind Bank
Debentures | -
7%₹154 Cr1,529
Coastal Gujarat Power Limited
Debentures | -
7%₹152 Cr1,350
Power Finance Corporation Limited
Debentures | -
6%₹119 Cr1,070
Oberoi Realty Limited
Debentures | -
4%₹75 Cr750
Rural Electrification Corporation Limited
Debentures | -
3%₹71 Cr650
Punjab National Bank
Debentures | -
3%₹70 Cr695
Housing Development Finance Corporation Limited
Debentures | -
3%₹62 Cr600
↓ -250
National Bank For Agriculture and Rural Development
Debentures | -
3%₹56 Cr535
National Highways Authority of India
Debentures | -
3%₹53 Cr500

4. ICICI Prudential Medium Term Bond Fund

(Erstwhile ICICI Prudential Corporate 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.

ICICI Prudential Medium Term Bond Fund is a Debt - Medium term Bond fund was launched on 15 Sep 04. It is a fund with Moderate risk and has given a CAGR/Annualized return of 7.7% since its launch.  Ranked 23 in Medium term Bond category.  Return for 2020 was 10.4% , 2019 was 9.2% and 2018 was 5.1% .

Below is the key information for ICICI Prudential Medium Term Bond Fund

ICICI Prudential Medium Term Bond Fund
Growth
Launch Date 15 Sep 04
NAV (15 Jan 21) ₹33.662 ↓ -0.01   (-0.02 %)
Net Assets (Cr) ₹5,866 on 30 Nov 20
Category Debt - Medium term Bond
AMC ICICI Prudential Asset Management Company Limited
Rating
Risk Moderate
Expense Ratio 1.56
Sharpe Ratio 1.66
Information Ratio 0
Alpha Ratio 0
Min Investment 5,000
Min SIP Investment 1,000
Exit Load 0-1 Years (1%),1 Years and above(NIL)
Yield to Maturity 6.99%
Effective Maturity 4 Years 4 Months 10 Days
Modified Duration 3 Years 2 Months 23 Days

Growth of 10,000 investment over the years.

DateValue
31 Dec 15₹10,000
31 Dec 16₹11,017
31 Dec 17₹11,736
31 Dec 18₹12,336
31 Dec 19₹13,469
31 Dec 20₹14,869

ICICI Prudential Medium Term 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 ₹206,148.
Net Profit of ₹26,148
Invest Now

Returns for ICICI Prudential Medium Term 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 15 Jan 21

DurationReturns
1 Month 0.3%
3 Month 1.7%
6 Month 4.4%
1 Year 10.1%
3 Year 8.1%
5 Year 8.2%
10 Year
15 Year
Since launch 7.7%
Historical performance (Yearly) on absolute basis
YearReturns
2020 10.4%
2019 9.2%
2018 5.1%
2017 6.5%
2016 10.2%
2015 8.4%
2014 12.4%
2013 5.9%
2012 9.7%
2011 8.1%
Fund Manager information for ICICI Prudential Medium Term Bond Fund
NameSinceTenure
Manish Banthia7 Nov 164.15 Yr.
Shadab Rizvi3 Jun 173.58 Yr.

Data below for ICICI Prudential Medium Term Bond Fund as on 30 Nov 20

Asset Allocation
Asset ClassValue
Cash11.8%
Debt88.2%
Debt Sector Allocation
SectorValue
Corporate68.83%
Government19.11%
Cash Equivalent11.8%
Securitized0.26%
Credit Quality
RatingValue
AA67.43%
AAA32.57%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
5.77% GOI 2030
Sovereign Bonds | -
6%₹401 Cr40,500,000
Coastal Gujarat Power Limited
Debentures | -
5%₹325 Cr3,000
Bangalore Airport Hotel Limited
Debentures | -
4%₹251 Cr2,500
MTNL
Debentures | -
4%₹241 Cr2,370
↑ 200
GMR Aero Technic Limited
Debentures | -
3%₹175 Cr1,750
Bharat Sanchar Nigam Limited
Debentures | -
3%₹166 Cr1,650
The Great Eastern Shipping Company Limited
Debentures | -
2%₹154 Cr1,500
6.22% Govt Stock 2035
Sovereign Bonds | -
2%₹129 Cr13,000,000
↑ 500,000
Tata Projects Limited
Debentures | -
2%₹128 Cr1,250
State Bank Of India
Debentures | -
2%₹123 Cr1,200

5. L&T Resurgent India Bond Fund 

(Erstwhile L&T Resurgent India Corporate Bond Fund)

"To seek to generate income by investing primarily in debt and money market securities of fundamentally strong corporates/companies in growth sectors which are closely associated with the resurgence of domestic economy, with a fl exibility to follow more conservative investment approach during economic downturns. There is no assurance that the objective of the Scheme will be realised and the Scheme does not assure or guarantee any returns."

L&T Resurgent India Bond Fund  is a Debt - Medium term Bond fund was launched on 2 Feb 15. It is a fund with Moderate risk and has given a CAGR/Annualized return of 7.9% since its launch.  Return for 2020 was 9.7% , 2019 was 7.3% and 2018 was 4.4% .

Below is the key information for L&T Resurgent India Bond Fund 

L&T Resurgent India Bond Fund 
Growth
Launch Date 2 Feb 15
NAV (15 Jan 21) ₹15.6969 ↓ -0.01   (-0.09 %)
Net Assets (Cr) ₹794 on 30 Nov 20
Category Debt - Medium term Bond
AMC L&T Investment Management Ltd
Rating Not Rated
Risk Moderate
Expense Ratio 1.65
Sharpe Ratio 0.96
Information Ratio -1.32
Alpha Ratio -2.35
Min Investment 5,000
Min SIP Investment 1,000
Exit Load 0-1 Years (2%),1-2 Years (1%),2 Years and above(NIL)
Yield to Maturity 6.83%
Effective Maturity 4 Years 4 Months 24 Days
Modified Duration 3 Years 5 Months 8 Days

Growth of 10,000 investment over the years.

DateValue
31 Dec 15₹10,000
31 Dec 16₹11,080
31 Dec 17₹11,783
31 Dec 18₹12,304
31 Dec 19₹13,208
31 Dec 20₹14,485

L&T Resurgent India 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 L&T Resurgent India 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 15 Jan 21

DurationReturns
1 Month 0.4%
3 Month 2.5%
6 Month 4.9%
1 Year 9.3%
3 Year 7%
5 Year 7.7%
10 Year
15 Year
Since launch 7.9%
Historical performance (Yearly) on absolute basis
YearReturns
2020 9.7%
2019 7.3%
2018 4.4%
2017 6.3%
2016 10.8%
2015
2014
2013
2012
2011
Fund Manager information for L&T Resurgent India Bond Fund 
NameSinceTenure
Shriram Ramanathan2 Feb 155.92 Yr.
Jalpan Shah20 Mar 200.78 Yr.

Data below for L&T Resurgent India Bond Fund  as on 30 Nov 20

Asset Allocation
Asset ClassValue
Cash10.07%
Debt89.93%
Debt Sector Allocation
SectorValue
Corporate56.48%
Government27.42%
Cash Equivalent10.07%
Securitized6.03%
Credit Quality
RatingValue
AA32.66%
AAA67.34%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
Coastal Gujarat Power Limited
Debentures | -
8%₹68 Cr590
6.45% Govt Stock 2029
Sovereign Bonds | -
7%₹58 Cr5,500,000
5.77% GOI 2030
Sovereign Bonds | -
7%₹56 Cr5,500,000
Hinduja Leyland Finance Limited
Debentures | -
4%₹35 Cr330
Housing Development Finance Corporation Limited
Debentures | -
4%₹31 Cr300
ICICI Prudential Life Insurance Company Limited
Debentures | -
4%₹30 Cr300
6.18% Govt Stock 2024
Sovereign Bonds | -
4%₹30 Cr2,800,000
Reliance Ports and Terminals Limited
Debentures | -
3%₹28 Cr250
ICICI Bank Limited
Debentures | -
3%₹27 Cr250
National Bank For Agriculture and Rural Development
Debentures | -
3%₹27 Cr250

6. HDFC Medium Term Debt Fund

(Erstwhile HDFC High Interest Fund - Short Term Plan)

To generate income by investing in a range of debt and money market instruments of various maturity dates with a view to maximising income while maintaining the optimum balance of yield, safety and liquidity. The objective is to cater to the needs of investors with shorter term investment horizons and to provide stable returns over shorter periods.

HDFC Medium Term Debt Fund is a Debt - Medium term Bond fund was launched on 6 Feb 02. It is a fund with Moderate risk and has given a CAGR/Annualized return of 8% since its launch.  Ranked 22 in Medium term Bond category.  Return for 2020 was 10% , 2019 was 9.1% and 2018 was 5.6% .

Below is the key information for HDFC Medium Term Debt Fund

HDFC Medium Term Debt Fund
Growth
Launch Date 6 Feb 02
NAV (15 Jan 21) ₹43.2169 ↓ -0.02   (-0.05 %)
Net Assets (Cr) ₹2,147 on 30 Nov 20
Category Debt - Medium term Bond
AMC HDFC Asset Management Company Limited
Rating
Risk Moderate
Expense Ratio 1.29
Sharpe Ratio 1.51
Information Ratio 0
Alpha Ratio 0
Min Investment 5,000
Min SIP Investment 500
Exit Load 0-1 Months (0.25%),1 Months and above(NIL)
Yield to Maturity 6.77%
Effective Maturity 4 Years 18 Days
Modified Duration 3 Years 1 Month 28 Days

Growth of 10,000 investment over the years.

DateValue
31 Dec 15₹10,000
31 Dec 16₹11,153
31 Dec 17₹11,770
31 Dec 18₹12,427
31 Dec 19₹13,562
31 Dec 20₹14,920

HDFC Medium Term 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 ₹206,148.
Net Profit of ₹26,148
Invest Now

Returns for HDFC Medium Term 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 15 Jan 21

DurationReturns
1 Month 0.3%
3 Month 2%
6 Month 4.4%
1 Year 9.7%
3 Year 8.2%
5 Year 8.3%
10 Year
15 Year
Since launch 8%
Historical performance (Yearly) on absolute basis
YearReturns
2020 10%
2019 9.1%
2018 5.6%
2017 5.5%
2016 11.5%
2015 7.4%
2014 11.2%
2013 7%
2012 9.8%
2011 8.4%
Fund Manager information for HDFC Medium Term Debt Fund
NameSinceTenure
Shobhit Mehrotra1 Sep 0713.34 Yr.
Anand Laddha21 Oct 200.2 Yr.

Data below for HDFC Medium Term Debt Fund as on 30 Nov 20

Asset Allocation
Asset ClassValue
Cash8.01%
Debt91.99%
Debt Sector Allocation
SectorValue
Corporate47.45%
Government44.25%
Cash Equivalent7.11%
Securitized1.19%
Credit Quality
RatingValue
A1.04%
AA33.09%
AAA65.87%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
6.18% Govt Stock 2024
Sovereign Bonds | -
5%₹142 Cr13,500,000
↑ 3,500,000
7.59% Govt Stock 2026
Sovereign Bonds | -
3%₹83 Cr7,500,000
↑ 5,000,000
Power Finance Corporation Ltd.
Debentures | -
3%₹77 Cr750
↑ 500
Green Infra Wind Energy Limited
Debentures | -
3%₹74 Cr750
7.27% Govt Stock 2026
Sovereign Bonds | -
3%₹71 Cr6,500,000
↓ -1,000,000
Shriram - City Union Finance Limited
Debentures | -
3%₹70 Cr7,000
Muthoot Finance Limited
Debentures | -
2%₹61 Cr600
7.26% Govt Stock 2029
Sovereign Bonds | -
2%₹60 Cr5,500,000
6.97% Govt Stock 2026
Sovereign Bonds | -
2%₹54 Cr5,000,000
Power Finance Corporation Limited
Debentures | -
2%₹53 Cr470

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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