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.
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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 ₹415.548
↑ 0.01 ₹14,532 1.5 4.1 7.4 7.7 8.5 4.51% 5M 26D 6M 18D PGIM India Insta Cash Fund Growth ₹262.741
↑ 0.02 ₹670 0.8 1.9 4.6 6.3 6.7 3.34% 29D 29D JM Liquid Fund Growth ₹55.1347
↑ 0.00 ₹1,782 0.8 1.7 4.4 6.2 6.6 3.25% 23D 24D Indiabulls Liquid Fund Growth ₹1,962.11
↑ 0.18 ₹237 0.8 1.6 4.3 6.1 6.6 0% Principal Cash Management Fund Growth ₹1,783
↑ 0.14 ₹152 0.8 1.7 4.2 2.9 6.2 3.21% 20D 21D Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 22 Oct 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 ₹35.0739
↓ -0.01 ₹34 1.4 5 7.3 4.1 -0.5 4.51% 1Y 6M 7D 1Y 9M 4D ICICI Prudential Short Term Fund Growth ₹45.0705
↑ 0.00 ₹18,946 1.6 6.3 10.9 8.2 9.7 5.83% 2Y 9M 14D 3Y 11M 19D UTI Short Term Income Fund Growth ₹23.1495
↓ 0.00 ₹2,064 1.5 5.7 10.6 3.7 -3.9 5.48% 2Y 6M 25D 2Y 11M 11D Aditya Birla Sun Life Short Term Opportunities Fund Growth ₹36.0111
↓ 0.00 ₹5,546 2.6 7.3 10.5 8.3 8.5 5.78% 2Y 6M 14D 3Y 2M 23D Axis Strategic Bond Fund Growth ₹20.6156
↑ 0.00 ₹887 2.1 5.1 10.3 7.6 7.1 7.73% 3Y 1M 6D 4Y 8M 12D Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 22 Oct 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 Income Fund Growth ₹54.0501
↓ 0.00 ₹1,519 1.9 6.4 13.3 8.7 11.7 6.97% 5Y 8M 16D 8Y 4M 13D ICICI Prudential Gilt Fund Growth ₹76.7755
↑ 0.02 ₹4,203 0.5 5.6 13 8.8 10.8 6.2% 7Y 10M 20D 12Y 8M 8D SBI Magnum Gilt Fund Growth ₹49.7469
↑ 0.01 ₹3,693 0.6 4.9 11.9 8.9 13.1 6.37% 8Y 8M 12D 14Y 14D Aditya Birla Sun Life Government Securities Fund Growth ₹62.9236
↑ 0.02 ₹574 0.9 5 11.6 8.8 11 6.35% 6Y 10M 10D 9Y 9M 22D Nippon India Gilt Securities Fund Growth ₹30.0132
↑ 0.00 ₹1,506 0.5 4.5 11.3 9.5 12.4 5.72% 6Y 3M 14D 8Y 11M 16D Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 22 Oct 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 ₹49.2669
↓ 0.00 ₹745 1 5.3 11.5 10.8 11.9 6.22% 6Y 8M 19D 9Y 9M ICICI Prudential Constant Maturity Gilt Fund Growth ₹18.9168
↑ 0.00 ₹272 1.5 6.6 13.8 11 12.8 6.2% 6Y 9M 29D 9Y 5M 8D IDFC Government Securities Fund - Constant Maturity Plan Growth ₹35.4622
↑ 0.01 ₹308 0.8 6 13.4 12.4 14.2 6.3% 6Y 8M 19D 9Y 5M 1D DSP BlackRock 10Y G-Sec Fund Growth ₹17.3776
↑ 0.01 ₹43 0.5 5.1 12 8.4 10.8 5.9% 7Y 11D 9Y 5M 8D Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 22 Oct 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)
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 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 (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 (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 Below is the key information for HDFC Medium Term Debt 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. 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 (22 Oct 20) ₹20.7178 ↑ 0.03 (0.12 %) Net Assets (Cr) ₹1,595 on 30 Sep 20 Category Debt - Medium term Bond AMC Franklin Templeton Asst Mgmt(IND)Pvt Ltd Rating ☆ Risk Moderate Expense Ratio 1.71 Sharpe Ratio -1.39 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 14.57% Effective Maturity 4 Years 10 Months 16 Days Modified Duration 3 Years 4 Months 20 Days Growth of 10,000 investment over the years.
Date Value 30 Sep 15 ₹10,000 30 Sep 16 ₹10,798 30 Sep 17 ₹11,857 30 Sep 18 ₹12,540 30 Sep 19 ₹13,508 30 Sep 20 ₹12,065
Purchase not allowed Returns for Franklin India Income Opportunities Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 26 Mar 19 Duration Returns 1 Month 2.4% 3 Month -5.4% 6 Month -6.9% 1 Year -8.9% 3 Year 1.1% 5 Year 4.1% 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 4.33 Yr. Kunal Agrawal 25 Oct 18 1.93 Yr. Data below for Franklin India Income Opportunities Fund as on 30 Sep 20
Asset Allocation
Asset Class Value Debt 127.62% Debt Sector Allocation
Sector Value Corporate 127.62% Credit Quality
Rating Value A 35.11% AA 60.41% BBB 4.44% Below B 0.05% Top Securities Holdings / Portfolio
Name Holding Value Quantity Parimal Finance Private Limited
Debentures | -15% ₹236 Cr 2,797 Coastal Gujarat Power Limited
Debentures | -13% ₹205 Cr 1,910 Shriram Transport Finance Company Limited
Debentures | -9% ₹137 Cr 1,550 DCB Bank Limited
Debentures | -8% ₹124 Cr 12,100 Andhra Pradesh Capital Region Development Authority
Debentures | -7% ₹113 Cr 5,858 Hinduja Leyland Finance Limited
Debentures | -6% ₹94 Cr 1,000 Sadbhav Infrastructure Project Limited
Debentures | -6% ₹90 Cr 723 S. D. Corporation Private Limited
Debentures | -6% ₹90 Cr 1,000 Edelweiss Commodities Services Limited
Debentures | -5% ₹77 Cr 780 JM Financial Asset Reconstruction Company Limited
Debentures | -4% ₹70 Cr 700 2. Franklin India Short Term Income Plan - Retail Plan
CAGR/Annualized return of 7.2% 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 (22 Oct 20) ₹3,666.37 ↑ 3.97 (0.11 %) Net Assets (Cr) ₹5,213 on 30 Sep 20 Category Debt - Short term Bond AMC Franklin Templeton Asst Mgmt(IND)Pvt Ltd Rating ☆☆ Risk Moderate Expense Ratio 1.5 Sharpe Ratio -2.19 Information Ratio -1.57 Alpha Ratio -25.04 Min Investment 5,000 Min SIP Investment 500 Exit Load 0-1 Years (0.5%),1 Years and above(NIL) Yield to Maturity 13.85% Effective Maturity 3 Years 3 Months 4 Days Modified Duration 2 Years 11 Days Growth of 10,000 investment over the years.
Date Value 30 Sep 15 ₹10,000 30 Sep 16 ₹10,776 30 Sep 17 ₹11,850 30 Sep 18 ₹12,561 30 Sep 19 ₹13,572 30 Sep 20 ₹12,058
Purchase not allowed 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 26 Mar 19 Duration Returns 1 Month 1.9% 3 Month -2.5% 6 Month -4.9% 1 Year -9.9% 3 Year 0.9% 5 Year 4% 10 Year 15 Year Since launch 7.2% 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 4.27 Yr. Kunal Agrawal 24 Jun 16 4.27 Yr. Data below for Franklin India Short Term Income Plan - Retail Plan as on 30 Sep 20
Asset Allocation
Asset Class Value Debt 116.7% Debt Sector Allocation
Sector Value Corporate 116.16% Government 0.54% Credit Quality
Rating Value A 60.12% AA 39.68% AAA 0.15% Below B 0.06% Top Securities Holdings / Portfolio
Name Holding Value Quantity Shriram Transport Finance Company Limited
Debentures | -13% ₹658 Cr 7,200 Piramal Capital & Housing Finance Limited
Debentures | -7% ₹377 Cr 4,813 Rishanth Wholesale Trading Private Limited
Debentures | -7% ₹353 Cr 350 Edelweiss Agri Value Chain Limited
Debentures | -5% ₹255 Cr 3,100 Renew Power Ventures Private Limited
Debentures | -5% ₹241 Cr 2,560 Andhra Pradesh Capital Region Development Authority
Debentures | -4% ₹223 Cr 11,135 S. D. Corporation Private Limited
Debentures | -4% ₹220 Cr 2,450 Andhra Pradesh Capital Region Development Authority
Debentures | -4% ₹216 Cr 10,675 Edelweiss Commodities Services Limited
Debentures | -4% ₹199 Cr 2,020 Sterlite Power Grid Ventures Limited
Debentures | -3% ₹175 Cr 1,735
↓ -365 3. Nippon India Strategic Debt Fund
CAGR/Annualized return of 0.7% 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 (22 Oct 20) ₹10.4492 ↑ 0.00 (0.00 %) Net Assets (Cr) ₹318 on 30 Sep 20 Category Debt - Medium term Bond AMC Nippon Life Asset Management Ltd. Rating ☆☆☆☆ Risk Moderate Expense Ratio 1.7 Sharpe Ratio -1.24 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 12.68% Effective Maturity 4 Years 1 Month 10 Days Modified Duration 2 Years 10 Months 10 Days Growth of 10,000 investment over the years.
Date Value 30 Sep 15 ₹10,000 30 Sep 16 ₹11,090 30 Sep 17 ₹12,028 30 Sep 18 ₹12,414 30 Sep 19 ₹12,288 30 Sep 20 ₹9,080 Nippon India Strategic Debt Fund SIP Returns
Returns for Nippon India Strategic Debt Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 26 Mar 19 Duration Returns 1 Month 1.3% 3 Month -0.1% 6 Month -1.2% 1 Year -25.5% 3 Year -8.8% 5 Year -1.8% 10 Year 15 Year Since launch 0.7% 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 Kinjal Desai 25 May 18 2.36 Yr. Sushil Budhia 1 Feb 20 0.67 Yr. Data below for Nippon India Strategic Debt Fund as on 30 Sep 20
Asset Allocation
Asset Class Value Cash 25.46% Debt 74.54% Debt Sector Allocation
Sector Value Corporate 71.17% Cash Equivalent 25.46% Government 3.38% Credit Quality
Rating Value A 65.48% AA 8.88% AAA 25.64% Top Securities Holdings / Portfolio
Name Holding Value Quantity INDIAN RECEIVABLE TRUST 19 FEB - 2019
Unlisted bonds | -49% ₹155 Cr 2,282 Power Finance Corporation Ltd.
Debentures | -6% ₹20 Cr 200
↑ 200 State Bank Of India
Debentures | -6% ₹20 Cr 200
↑ 200 Indiabulls Housing Finance Limited
Debentures | -5% ₹16 Cr 170,000 7.27% Govt Stock 2026
Sovereign Bonds | -3% ₹11 Cr 1,000,000
↑ 1,000,000 Bharat Sanchar Nigam Limited
Debentures | -3% ₹10 Cr 100
↑ 100 Nuvoco Vistas Corporation Ltd.
Debentures | -2% ₹5 Cr 50
↑ 50 Indiabulls Housing Finance Limited
Debentures | -0% ₹0 Cr 50 JM Financial Asset Reconstruction Company Limited
Debentures | -0% ₹0 Cr 02 Net Current Assets
Net Current Assets | -20% ₹63 Cr 4. Aditya Birla Sun Life Medium Term Plan
CAGR/Annualized return of 7.6% 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 (22 Oct 20) ₹23.4004 ↑ 0.00 (0.01 %) Net Assets (Cr) ₹2,003 on 30 Sep 20 Category Debt - Medium term Bond AMC Birla Sun Life Asset Management Co Ltd Rating ☆☆☆☆ Risk Moderate Expense Ratio 1.67 Sharpe Ratio -0.58 Information Ratio -0.97 Alpha Ratio -15.57 Min Investment 1,000 Min SIP Investment 1,000 Exit Load 0-365 Days (1%),365 Days and above(NIL) Yield to Maturity 8.16% Effective Maturity 5 Years 2 Months 16 Days Modified Duration 3 Years 8 Months 8 Days Growth of 10,000 investment over the years.
Date Value 30 Sep 15 ₹10,000 30 Sep 16 ₹11,033 30 Sep 17 ₹11,957 30 Sep 18 ₹12,428 30 Sep 19 ₹13,189 30 Sep 20 ₹12,885 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 26 Mar 19 Duration Returns 1 Month 1.6% 3 Month 3.9% 6 Month 6.9% 1 Year 0.7% 3 Year 2.9% 5 Year 5.4% 10 Year 15 Year Since launch 7.6% 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 Sunaina Cunha 1 Apr 17 3.5 Yr. Mohit Sharma 6 Aug 20 0.15 Yr. Data below for Aditya Birla Sun Life Medium Term Plan as on 30 Sep 20
Asset Allocation
Asset Class Value Cash 6.39% Equity 0.99% Debt 92.62% Debt Sector Allocation
Sector Value Corporate 55.79% Government 36.83% Cash Equivalent 6.39% Credit Quality
Rating Value A 6.21% AA 29.11% AAA 49.61% Below B 15.07% Top Securities Holdings / Portfolio
Name Holding Value Quantity Shriram - City Union Finance Limited
Debentures | -6% ₹119 Cr 1,200 L&T Infrastructure Finance Company Limited
Debentures | -6% ₹113 Cr 1,100
↑ 1,100 Shriram Transport Finance Company Limited
Debentures | -5% ₹99 Cr 1,000 U.P. Power Corporation Limited
Debentures | -5% ₹92 Cr 938 REC Limited
Debentures | -5% ₹92 Cr 900
↑ 900 U.P. Power Corporation Limited
Debentures | -4% ₹88 Cr 918 National Bank For Agriculture and Rural Development
Debentures | -3% ₹57 Cr 500
↑ 500 6.45% Govt Stock 2029
Sovereign Bonds | -3% ₹56 Cr 5,500,000
↓ -9,000,000 6.79% Govt Stock 2029
Sovereign Bonds | -3% ₹52 Cr 5,000,000
↑ 5,000,000 8.15% Govt Stock 2026
Sovereign Bonds | -2% ₹50 Cr 4,500,000
↑ 4,500,000 5. HDFC Medium Term Debt Fund
CAGR/Annualized return of 8% since its launch. Ranked 22 in Medium term Bond category. Return for 2019 was 9.1% , 2018 was 5.6% and 2017 was 5.5% . HDFC Medium Term Debt Fund
Growth Launch Date 6 Feb 02 NAV (22 Oct 20) ₹42.4457 ↓ 0.00 (-0.01 %) Net Assets (Cr) ₹1,302 on 30 Sep 20 Category Debt - Medium term Bond AMC HDFC Asset Management Company Limited Rating ☆☆☆ Risk Moderate Expense Ratio 1.29 Sharpe Ratio 1.29 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 8.11% Effective Maturity 4 Years 5 Months 8 Days Modified Duration 3 Years 4 Months 5 Days Growth of 10,000 investment over the years.
Date Value 30 Sep 15 ₹10,000 30 Sep 16 ₹11,024 30 Sep 17 ₹11,803 30 Sep 18 ₹12,260 30 Sep 19 ₹13,406 30 Sep 20 ₹14,606 Returns for HDFC Medium Term Debt Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 26 Mar 19 Duration Returns 1 Month 1.5% 3 Month 2.5% 6 Month 5.3% 1 Year 10% 3 Year 7.7% 5 Year 8.1% 10 Year 15 Year Since launch 8% Historical performance (Yearly) on absolute basis
Year Returns 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% 2010 5% Fund Manager information for HDFC Medium Term Debt Fund
Name Since Tenure Shobhit Mehrotra 1 Sep 07 13.09 Yr. Chirag Setalvad 31 Jul 19 1.17 Yr. Data below for HDFC Medium Term Debt Fund as on 30 Sep 20
Asset Allocation
Asset Class Value Cash 4.84% Debt 95.16% Debt Sector Allocation
Sector Value Corporate 52.79% Government 39.57% Cash Equivalent 4.84% Securitized 2.81% Credit Quality
Rating Value A 4.82% AA 38.03% AAA 57.15% Top Securities Holdings / Portfolio
Name Holding Value Quantity Shriram - City Union Finance Limited
Debentures | -5% ₹67 Cr 7,000 7.26% Govt Stock 2029
Sovereign Bonds | -5% ₹64 Cr 6,000,000 6.97% Govt Stock 2026
Sovereign Bonds | -4% ₹53 Cr 5,000,000 Power Finance Corporation Limited
Debentures | -4% ₹52 Cr 470
↑ 470 Embassy Office Parks REIT
Debentures | -4% ₹50 Cr 500
↑ 500 INOX Wind Infrastructure Services Limited
Debentures | -4% ₹50 Cr 500
↑ 500 Pipeline Infrastructure Private Limited
Debentures | -4% ₹48 Cr 450
↑ 450 Tata Housing Development Company Limited
Debentures | -3% ₹37 Cr 350 Reliance Ports and Terminals Limited
Debentures | -3% ₹37 Cr 350
↑ 350 Vedanta Limited
Debentures | -3% ₹35 Cr 370 6. Axis Strategic Bond Fund
CAGR/Annualized return of 8.8% 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 (22 Oct 20) ₹20.6156 ↑ 0.00 (0.00 %) Net Assets (Cr) ₹887 on 30 Sep 20 Category Debt - Medium term Bond AMC Axis Asset Management Company Limited Rating ☆☆☆☆ Risk Moderate Expense Ratio 1.04 Sharpe Ratio 1.94 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 7.73% Effective Maturity 4 Years 8 Months 12 Days Modified Duration 3 Years 1 Month 6 Days Growth of 10,000 investment over the years.
Date Value 30 Sep 15 ₹10,000 30 Sep 16 ₹10,982 30 Sep 17 ₹11,908 30 Sep 18 ₹12,478 30 Sep 19 ₹13,405 30 Sep 20 ₹14,736 Returns for Axis Strategic Bond Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 26 Mar 19 Duration Returns 1 Month 1.2% 3 Month 2.1% 6 Month 5.1% 1 Year 10.3% 3 Year 7.6% 5 Year 8.2% 10 Year 15 Year Since launch 8.8% 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 7.91 Yr. Dhaval Patel 1 Jun 18 2.33 Yr. Data below for Axis Strategic Bond Fund as on 30 Sep 20
Asset Allocation
Asset Class Value Cash 6.16% Debt 93.84% Debt Sector Allocation
Sector Value Corporate 64.35% Government 23.48% Cash Equivalent 6.16% Securitized 6.01% Credit Quality
Rating Value A 3.31% AA 45.34% AAA 51.35% Top Securities Holdings / Portfolio
Name Holding Value Quantity 5.77% GOI 2030
Sovereign Bonds | -9% ₹83 Cr 8,500,000
↓ -2,500,000 Rural Electrification Corporation Limited
Debentures | -5% ₹43 Cr 400 State Bank Of India
Debentures | -5% ₹40 Cr 400
↑ 400 6.19% Govt Stock 2034
Sovereign Bonds | -4% ₹34 Cr 3,500,000
↓ -500,000 Embassy Office Parks Reit
Debentures | -4% ₹33 Cr 280
↑ 280 India Grid Trust
Debentures | -3% ₹29 Cr 280
↑ 280 Power Finance Corporation Limited
Debentures | -3% ₹28 Cr 250
↑ 250 7.26% Govt Stock 2029
Sovereign Bonds | -3% ₹25 Cr 2,348,900 Nuvoco Vistas Corporation Ltd.
Debentures | -3% ₹25 Cr 250
↑ 250 J.K.Cement Limited
Debentures | -3% ₹25 Cr 250
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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