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Best Bond Mutual Funds 2021

Updated on April 8, 2021 , 22043 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.

Difference Between Bond & Bond Mutual Fund

Bonds

They are debt obligations issued by entities, such as corporations or governments. So, when an investor is buying bond, he is lending money to the entity for a defined tenure. In return, you get interest until the end of the tenure.

Bond Funds

They are mutual funds or exchange-trade funds (ETFs) that invest in a portfolio bonds. Ideally, bond funds are comprised of a certain type of bond, such as corporate or government. They are further defined by maturity, such as given below.

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 ₹423.191
↑ 0.02
₹17,0860.92.16.57.374.19%5M 19D6M 7D
PGIM India Insta Cash Fund Growth ₹266.464
↑ 0.02
₹8380.81.53.65.74.23.34%1M 6D1M 6D
JM Liquid Fund Growth ₹55.9221
↑ 0.00
₹1,3570.81.53.45.643.22%5D
Indiabulls Liquid Fund Growth ₹1,991.5
↑ 0.14
₹1160.91.63.35.63.90%
Principal Cash Management Fund Growth ₹1,808.21
↑ 0.15
₹1860.81.53.22.33.83.11%15D15D
Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 9 Apr 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 ₹35.4368
↑ 0.01
₹47-0.11.37.53.57.84.73%1Y 3M 25D1Y 6M 29D
Aditya Birla Sun Life Medium Term Plan Growth ₹24.2425
↑ 0.01
₹1,8232.44.313.23.28.16.7%2Y 7M 2D3Y 3M 18D
Aditya Birla Sun Life Short Term Opportunities Fund Growth ₹36.6688
↑ 0.01
₹7,6500.32.311.28.211.15.47%1Y 9M 14D2Y 1M 20D
ICICI Prudential Short Term Fund Growth ₹45.9942
↑ 0.00
₹23,7150.52.510.18.210.65.11%1Y 7M 10D2Y 4M 24D
Axis Strategic Bond Fund Growth ₹21.1869
↑ 0.00
₹1,2340.63.29.37.610.56.64%2Y 4M 24D3Y 1M 6D
Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 9 Apr 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 ₹77.9701
↓ -0.16
₹3,235-0.11.910.5912.65.54%5Y 6M 11D11Y 11M 26D
SBI Magnum Income Fund Growth ₹54.9169
↓ -0.02
₹1,76702.110.18.711.66.04%2Y 7M 10D3Y 4M 24D
SBI Magnum Gilt Fund Growth ₹50.616
↓ -0.01
₹4,1130.22.19.69.511.75.05%3Y 5M 1D4Y 6M 29D
Aditya Birla Sun Life Government Securities Fund Growth ₹63.4198
↑ 0.05
₹552-0.61.39.69.112.16.34%5Y 3M 4D7Y 1M 28D
UTI Bond Fund Growth ₹50.5829
↓ -0.03
₹290-0.30.98.3-1.21.15.6%3Y 9M 11D5Y 2M 14D
Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 9 Apr 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 ₹49.4256
↓ -0.09
₹841-1.20.88.510.211.66.52%6Y 9M 7D9Y 8M 23D
ICICI Prudential Constant Maturity Gilt Fund Growth ₹19.0398
↓ -0.01
₹349-0.91.210.110.913.66.51%6Y 11M 26D9Y 11M 1D
IDFC Government Securities Fund - Constant Maturity Plan Growth ₹35.6299
↓ -0.05
₹320-1.219.611.713.26.67%6Y 5M 5D8Y 11M 1D
DSP BlackRock 10Y G-Sec Fund Growth ₹17.6405
↑ 0.02
₹460.31.99.3911.86.11%6Y 11M 12D9Y 5M 1D
Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 9 Apr 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. Franklin India Short Term Income Plan - Retail Plan

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

Franklin India Short Term Income Plan - Retail Plan is a Debt - Short term Bond fund was launched on 31 Jan 02. It is a fund with Moderate risk and has given a CAGR/Annualized return of 7.5% since its launch.  Ranked 19 in Short term Bond category.  Return for 2020 was -5.3% , 2019 was 4.2% and 2018 was 8.8% .

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

Franklin India Short Term Income Plan - Retail Plan
Growth
Launch Date 31 Jan 02
NAV (09 Apr 21) ₹4,017.71 ↑ 3.98   (0.10 %)
Net Assets (Cr) ₹5,194 on 28 Feb 21
Category Debt - Short term Bond
AMC Franklin Templeton Asst Mgmt(IND)Pvt Ltd
Rating
Risk Moderate
Expense Ratio 1.5
Sharpe Ratio -0.56
Information Ratio -1.08
Alpha Ratio -7.7
Min Investment 5,000
Min SIP Investment 500
Exit Load 0-1 Years (0.5%),1 Years and above(NIL)
Yield to Maturity 10.81%
Effective Maturity 2 Years 6 Months 10 Days
Modified Duration 1 Year 6 Months 29 Days

Growth of 10,000 investment over the years.

DateValue
31 Mar 16₹10,000
31 Mar 17₹11,112
31 Mar 18₹12,044
31 Mar 19₹13,117
31 Mar 20₹12,574
31 Mar 21₹13,100

Franklin India Short Term Income Plan - Retail Plan SIP Returns

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

Purchase not allowed

Returns for Franklin India Short Term Income Plan - Retail Plan

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 9 Apr 21

DurationReturns
1 Month 1.9%
3 Month 3.4%
6 Month 10.4%
1 Year 5.5%
3 Year 2.9%
5 Year 5.6%
10 Year
15 Year
Since launch 7.5%
Historical performance (Yearly) on absolute basis
YearReturns
2020 -5.3%
2019 4.2%
2018 8.8%
2017 8.6%
2016 8.3%
2015 9.1%
2014 11.7%
2013 9%
2012 10%
2011 9%
Fund Manager information for Franklin India Short Term Income Plan - Retail Plan
NameSinceTenure
Santosh Kamath24 Jun 164.77 Yr.
Kunal Agrawal24 Jun 164.77 Yr.

Data below for Franklin India Short Term Income Plan - Retail Plan as on 28 Feb 21

Asset Allocation
Asset ClassValue
Cash11.13%
Debt88.87%
Debt Sector Allocation
SectorValue
Corporate88.33%
Cash Equivalent11.13%
Government0.55%
Credit Quality
RatingValue
A58.14%
AA41.68%
AAA0.18%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
Shriram Transport Finance Company Limited
Debentures | -
14%₹737 Cr7,200
Piramal Capital & Housing Finance Limited
Debentures | -
7%₹384 Cr4,813
Rishanth Wholesale Trading Private Limited
Debentures | -
7%₹342 Cr350
Edelweiss Agri Value Chain Limited
Debentures | -
5%₹267 Cr3,100
Renew Power Ventures Private Limited
Debentures | -
5%₹242 Cr2,560
Andhra Pradesh Capital Region Development Authority
Debentures | -
4%₹224 Cr11,135
Andhra Pradesh Capital Region Development Authority
Debentures | -
4%₹216 Cr10,675
Edelweiss Commodities Services Limited
Debentures | -
4%₹201 Cr2,020
Star Health and Allied Insurance Company Limited
Debentures | -
3%₹153 Cr1,480
Narmada Wind Energy Private Limited
Debentures | -
3%₹137 Cr1,660

2. Franklin India Income Opportunities Fund

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

Franklin India Income Opportunities Fund is a Debt - Medium term Bond fund was launched on 12 Nov 09. It is a fund with Moderate risk and has given a CAGR/Annualized return of 8.9% since its launch.  Ranked 15 in Medium term Bond category.  Return for 2020 was -4.6% , 2019 was 5.2% and 2018 was 8% .

Below is the key information for Franklin India Income Opportunities Fund

Franklin India Income Opportunities Fund
Growth
Launch Date 12 Nov 09
NAV (09 Apr 21) ₹23.1022 ↑ 0.09   (0.38 %)
Net Assets (Cr) ₹1,756 on 28 Feb 21
Category Debt - Medium term Bond
AMC Franklin Templeton Asst Mgmt(IND)Pvt Ltd
Rating
Risk Moderate
Expense Ratio 1.71
Sharpe Ratio -0.3
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 10.42%
Effective Maturity 3 Years 9 Months 13 Days
Modified Duration 2 Years 8 Months 12 Days

Growth of 10,000 investment over the years.

DateValue
31 Mar 16₹10,000
31 Mar 17₹11,130
31 Mar 18₹12,061
31 Mar 19₹13,035
31 Mar 20₹13,087
31 Mar 21₹13,349

Franklin India Income Opportunities Fund SIP Returns

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

Purchase not allowed

Returns for Franklin India Income Opportunities Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 9 Apr 21

DurationReturns
1 Month 2.9%
3 Month 4.7%
6 Month 12.4%
1 Year 4.7%
3 Year 3.7%
5 Year 6%
10 Year
15 Year
Since launch 8.9%
Historical performance (Yearly) on absolute basis
YearReturns
2020 -4.6%
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%
Fund Manager information for Franklin India Income Opportunities Fund
NameSinceTenure
Santosh Kamath1 Jun 164.83 Yr.
Kunal Agrawal25 Oct 182.43 Yr.

Data below for Franklin India Income Opportunities Fund as on 28 Feb 21

Asset Allocation
Asset ClassValue
Cash1.63%
Debt98.37%
Debt Sector Allocation
SectorValue
Corporate98.37%
Cash Equivalent1.63%
Credit Quality
RatingValue
A29%
AA65.1%
BBB5.9%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
Parimal Finance Private Limited
Debentures | -
14%₹250 Cr2,797
Coastal Gujarat Power Limited
Debentures | -
12%₹210 Cr1,910
Shriram Transport Finance Company Limited
Debentures | -
9%₹157 Cr1,550
DCB Bank Limited
Debentures | -
7%₹121 Cr12,100
Andhra Pradesh Capital Region Development Authority
Debentures | -
6%₹113 Cr5,858
Sadbhav Infrastructure Project Limited
Debentures | -
6%₹102 Cr723
Hinduja Leyland Finance Limited
Debentures | -
6%₹100 Cr1,000
Edelweiss Commodities Services Limited
Debentures | -
4%₹78 Cr780
Renew Wind Energy (Rajasthan One) Private Limited
Debentures | -
4%₹65 Cr770
Vedanta Limited
Debentures | -
4%₹65 Cr650

3. 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 (09 Apr 21) ₹34.0859 ↑ 0.01   (0.02 %)
Net Assets (Cr) ₹6,387 on 28 Feb 21
Category Debt - Medium term Bond
AMC ICICI Prudential Asset Management Company Limited
Rating
Risk Moderate
Expense Ratio 1.56
Sharpe Ratio 0.97
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 7.03%
Effective Maturity 2 Years 9 Months 22 Days
Modified Duration 2 Years 1 Month 20 Days

Growth of 10,000 investment over the years.

DateValue
31 Mar 16₹10,000
31 Mar 17₹10,993
31 Mar 18₹11,712
31 Mar 19₹12,322
31 Mar 20₹13,571
31 Mar 21₹14,706

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 ₹203,125.
Net Profit of ₹23,125
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 9 Apr 21

DurationReturns
1 Month 1.2%
3 Month 1.1%
6 Month 3.4%
1 Year 10.4%
3 Year 7.9%
5 Year 8%
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 164.4 Yr.
Shadab Rizvi3 Jun 173.83 Yr.

Data below for ICICI Prudential Medium Term Bond Fund as on 28 Feb 21

Asset Allocation
Asset ClassValue
Cash10.94%
Debt89.06%
Debt Sector Allocation
SectorValue
Corporate71.9%
Government17.15%
Cash Equivalent10.94%
Credit Quality
RatingValue
AA68.51%
AAA31.49%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
182 DTB 19082021
Sovereign Bonds | -
6%₹394 Cr40,000,000
↑ 40,000,000
Coastal Gujarat Power Limited
Debentures | -
5%₹320 Cr3,000
Bangalore Airport Hotel Limited
Debentures | -
4%₹249 Cr2,500
MTNL
Debentures | -
4%₹233 Cr2,370
GMR Aero Technic Limited
Debentures | -
3%₹175 Cr1,750
Bharat Sanchar Nigam Limited
Debentures | -
3%₹160 Cr1,650
The Great Eastern Shipping Company Limited
Debentures | -
2%₹149 Cr1,500
Embassy Office Parks REIT
Debentures | -
2%₹148 Cr1,500
Tata Projects Limited
Debentures | -
2%₹129 Cr1,250
State Bank Of India
Debentures | -
2%₹122 Cr1,200

4. 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 7.7% 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 (09 Apr 21) ₹15.8463 ↑ 0.01   (0.06 %)
Net Assets (Cr) ₹755 on 28 Feb 21
Category Debt - Medium term Bond
AMC L&T Investment Management Ltd
Rating Not Rated
Risk Moderate
Expense Ratio 1.65
Sharpe Ratio 0.52
Information Ratio -0.91
Alpha Ratio -0.43
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 7.03%
Effective Maturity 3 Years 4 Months 28 Days
Modified Duration 2 Years 8 Months 8 Days

Growth of 10,000 investment over the years.

DateValue
31 Mar 16₹10,000
31 Mar 17₹11,048
31 Mar 18₹11,719
31 Mar 19₹12,265
31 Mar 20₹13,280
31 Mar 21₹14,245

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 9 Apr 21

DurationReturns
1 Month 1%
3 Month 0.6%
6 Month 3.8%
1 Year 9.7%
3 Year 6.7%
5 Year 7.3%
10 Year
15 Year
Since launch 7.7%
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 156.16 Yr.
Jalpan Shah20 Mar 201.03 Yr.

Data below for L&T Resurgent India Bond Fund  as on 28 Feb 21

Asset Allocation
Asset ClassValue
Cash10.06%
Debt89.94%
Debt Sector Allocation
SectorValue
Corporate56.38%
Government27.01%
Cash Equivalent10.06%
Securitized6.55%
Credit Quality
RatingValue
AA29.65%
AAA70.35%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
Coastal Gujarat Power Limited
Debentures | -
9%₹68 Cr590
6.45% Govt Stock 2029
Sovereign Bonds | -
5%₹41 Cr4,000,000
ICICI Prudential Life Insurance Company Limited
Debentures | -
4%₹30 Cr300
6.18% Govt Stock 2024
Sovereign Bonds | -
4%₹29 Cr2,800,000
Reliance Ports and Terminals Limited
Debentures | -
4%₹28 Cr250
Power Finance Corporation Limited
Debentures | -
4%₹27 Cr250
↑ 250
Power Finance Corporation Limited
Debentures | -
4%₹27 Cr250
↑ 250
National Bank For Agriculture and Rural Development
Debentures | -
4%₹27 Cr250
Indian Oil Corporation Limited
Debentures | -
3%₹26 Cr250
Andhra Pradesh Expressway Limited
Debentures | -
3%₹25 Cr250

5. Kotak Medium Term Fund

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

Kotak Medium Term Fund is a Debt - Medium term Bond fund was launched on 25 Mar 14. It is a fund with Moderate risk and has given a CAGR/Annualized return of 8.2% 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 (09 Apr 21) ₹17.425 ↑ 0.01   (0.05 %)
Net Assets (Cr) ₹2,188 on 28 Feb 21
Category Debt - Medium term Bond
AMC Kotak Mahindra Asset Management Co Ltd
Rating
Risk Moderate
Expense Ratio 1.58
Sharpe Ratio 0.11
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 6.99%
Effective Maturity 3 Years 9 Months 11 Days
Modified Duration 2 Years 7 Months 17 Days

Growth of 10,000 investment over the years.

DateValue
31 Mar 16₹10,000
31 Mar 17₹11,029
31 Mar 18₹11,752
31 Mar 19₹12,446
31 Mar 20₹13,273
31 Mar 21₹14,125

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 9 Apr 21

DurationReturns
1 Month 1.1%
3 Month 0%
6 Month 2.8%
1 Year 8.7%
3 Year 6.4%
5 Year 7.2%
10 Year
15 Year
Since launch 8.2%
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 147.02 Yr.

Data below for Kotak Medium Term Fund as on 28 Feb 21

Asset Allocation
Asset ClassValue
Cash15.8%
Equity1.02%
Debt83.18%
Debt Sector Allocation
SectorValue
Corporate44.14%
Government39.04%
Cash Equivalent15.8%
Credit Quality
RatingValue
A12.26%
AA30.84%
AAA56.9%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
Punjab & Sind Bank
Debentures | -
7%₹153 Cr1,529
Coastal Gujarat Power Limited
Debentures | -
7%₹148 Cr1,350
Power Finance Corporation Limited
Debentures | -
5%₹116 Cr1,070
7.20% MH SDL 2027
Sovereign Bonds | -
5%₹102 Cr10,000,000
↓ -5,000,000
Oberoi Realty Limited
Debentures | -
3%₹75 Cr750
Punjab National Bank
Debentures | -
3%₹70 Cr695
Rural Electrification Corporation Limited
Debentures | -
3%₹68 Cr650
Housing Development Finance Corporation Limited
Debentures | -
3%₹60 Cr600
Bank of Baroda
Debentures | -
2%₹51 Cr500
Power Finance Corporation Limited
Debentures | -
2%₹51 Cr500

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 (09 Apr 21) ₹43.5347 ↑ 0.01   (0.03 %)
Net Assets (Cr) ₹2,952 on 28 Feb 21
Category Debt - Medium term Bond
AMC HDFC Asset Management Company Limited
Rating
Risk Moderate
Expense Ratio 1.29
Sharpe Ratio 0.77
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 6.95%
Effective Maturity 3 Years 11 Months 30 Days
Modified Duration 2 Years 11 Months 25 Days

Growth of 10,000 investment over the years.

DateValue
31 Mar 16₹10,000
31 Mar 17₹11,033
31 Mar 18₹11,670
31 Mar 19₹12,426
31 Mar 20₹13,593
31 Mar 21₹14,622

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 ₹203,125.
Net Profit of ₹23,125
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 9 Apr 21

DurationReturns
1 Month 1.2%
3 Month 0.4%
6 Month 3.2%
1 Year 9.2%
3 Year 7.8%
5 Year 7.9%
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 0713.59 Yr.
Anand Laddha21 Oct 200.44 Yr.

Data below for HDFC Medium Term Debt Fund as on 28 Feb 21

Asset Allocation
Asset ClassValue
Cash8.52%
Debt91.48%
Debt Sector Allocation
SectorValue
Corporate46.55%
Government45%
Cash Equivalent7.39%
Securitized1.06%
Credit Quality
RatingValue
A0.91%
AA34.45%
AAA64.64%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
6.18% Govt Stock 2024
Sovereign Bonds | -
3%₹103 Cr10,000,000
7.27% Govt Stock 2026
Sovereign Bonds | -
3%₹95 Cr9,000,000
7.59% Govt Stock 2026
Sovereign Bonds | -
3%₹80 Cr7,500,000
Power Finance Corporation Ltd.
Debentures | -
3%₹75 Cr750
TVS Credit Services Limited
Debentures | -
3%₹74 Cr750
Green Infra Wind Energy Limited
Debentures | -
2%₹73 Cr750
Shriram - City Union Finance Limited
Debentures | -
2%₹71 Cr7,000
Muthoot Finance Limited
Debentures | -
2%₹60 Cr600
5.15% Govt Stock 2025
Sovereign Bonds | -
2%₹60 Cr6,126,300
7.26% Govt Stock 2029
Sovereign Bonds | -
2%₹57 Cr5,500,000

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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