Table of Contents
Best Bond Mutual Funds 2023
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.
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
Fund NAV Net Assets (Cr) 3 MO (%) 6 MO (%) 1 YR (%) 3 YR (%) 2022 (%) Debt Yield (YTM) Mod. Duration Eff. Maturity Aditya Birla Sun Life Savings Fund Growth ₹477.445
↑ 0.09 ₹14,783 1.7 3.7 6.8 5.1 4.8 7.39% 5M 1D 5M 8D PGIM India Insta Cash Fund Growth ₹298.622
↑ 0.06 ₹555 1.7 3.5 6.7 4.5 4.8 7.03% 2M 3D 2M 7D Principal Cash Management Fund Growth ₹2,024.48
↑ 0.38 ₹4,528 1.7 3.4 6.7 4.5 4.8 6.87% 1M 2D 1M 3D JM Liquid Fund Growth ₹62.6607
↑ 0.01 ₹1,570 1.7 3.4 6.6 4.5 4.8 6.86% 27D 29D Indiabulls Liquid Fund Growth ₹2,216.93
↑ 0.41 ₹150 1.6 3.2 6.4 4.3 4.6 6.99% 1M 10D 1M 14D Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 22 Aug 23
Bond Funds to Invest for > 1 year
Fund NAV Net Assets (Cr) 3 MO (%) 6 MO (%) 1 YR (%) 3 YR (%) 2022 (%) Debt Yield (YTM) Mod. Duration Eff. Maturity PGIM India Short Maturity Fund Growth ₹39.0966
↑ 0.01 ₹28 1 3.3 5.7 4.1 3.3 7.14% 1Y 8M 8D 1Y 11M 12D ICICI Prudential Short Term Fund Growth ₹52.0678
↑ 0.01 ₹18,245 1.5 4 7.2 5.5 4.7 7.92% 1Y 9M 25D 4Y 11M 19D Aditya Birla Sun Life Medium Term Plan Growth ₹32.9241
↑ 0.00 ₹1,891 1.1 3.8 6.9 13.5 24.8 7.95% 2Y 10M 6D 4Y 7M 28D Nippon India Strategic Debt Fund Growth ₹13.3948
↑ 0.01 ₹126 0.9 4.5 6.6 8.5 2 7.98% 3Y 2M 1D 3Y 11M 16D Axis Strategic Bond Fund Growth ₹23.9994
↑ 0.00 ₹1,959 0.9 4 6.5 5.9 3.8 8% 3Y 7D 4Y 29D Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 22 Aug 23
Bond Funds to Invest for > 3 years
Fund NAV Net Assets (Cr) 3 MO (%) 6 MO (%) 1 YR (%) 3 YR (%) 2022 (%) Debt Yield (YTM) Mod. Duration Eff. Maturity ICICI Prudential Gilt Fund Growth ₹88.5115
↑ 0.03 ₹4,001 1.7 4.8 8.5 5.5 3.7 7.88% 2Y 5M 23D 7Y 9M 11D SBI Magnum Gilt Fund Growth ₹56.8857
↑ 0.01 ₹7,060 0.5 4.8 8.2 5.3 4.2 7.12% 3Y 4M 28D 4Y 4M 28D SBI Magnum Income Fund Growth ₹61.3049
↓ -0.01 ₹1,626 0.7 4.4 7.2 5.2 3 7.75% 4Y 25D 7Y 3M 18D UTI Gilt Fund Growth ₹54.2471
↑ 0.02 ₹536 0.7 3.9 6.8 4.1 2.9 6.93% 3Y 11M 19D 4Y 8M 8D UTI Bond Fund Growth ₹63.696
↑ 0.03 ₹321 0.2 3.9 6.5 8.8 9.9 7.52% 5Y 5M 23D 8Y 18D Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 22 Aug 23
Best 10-Year Govt. Bond Funds
Fund NAV Net Assets (Cr) 3 MO (%) 6 MO (%) 1 YR (%) 3 YR (%) 2022 (%) Debt Yield (YTM) Mod. Duration Eff. Maturity SBI Magnum Constant Maturity Fund Growth ₹54.3374
↑ 0.02 ₹1,507 0.1 4.5 6.9 4.1 1.3 7.32% 6Y 6M 29D 9Y 6M 11D ICICI Prudential Constant Maturity Gilt Fund Growth ₹20.9482
↑ 0.00 ₹2,196 0.1 4.7 7.1 4.4 1.2 0% DSP BlackRock 10Y G-Sec Fund Growth ₹18.6164
↑ 0.01 ₹52 0.1 4.8 7 3.1 0.1 7.29% 6Y 5M 26D 9Y 4M 28D IDFC Government Securities Fund - Constant Maturity Plan Growth ₹38.6707
↑ 0.01 ₹303 0.1 4.5 6.8 3.6 0.7 7.27% 6Y 5M 26D 9Y 4M 24D Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 22 Aug 23
*Below is the list of Bond Mutual Funds having net assets 50 Crore and having managed assets for over 3 Years. Based on heighest Yield to Maturity (ytm)
(Erstwhile 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 Below is the key information for ICICI Prudential Medium Term 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 (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 (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 1. ICICI Prudential Medium Term Bond Fund
CAGR/Annualized return of 7.4% since its launch. Ranked 23 in Medium term Bond category. Return for 2022 was 4.2% , 2021 was 5.5% and 2020 was 10.4% . ICICI Prudential Medium Term Bond Fund
Growth Launch Date 15 Sep 04 NAV (22 Aug 23) ₹38.6323 ↑ 0.01 (0.02 %) Net Assets (Cr) ₹6,531 on 31 Jul 23 Category Debt - Medium term Bond AMC ICICI Prudential Asset Management Company Limited Rating ☆☆ Risk Moderate Expense Ratio 1.4 Sharpe Ratio 0.35 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 8.21% Effective Maturity 4 Years 3 Months 25 Days Modified Duration 2 Years 6 Months 7 Days Growth of 10,000 investment over the years.
Date Value 30 Sep 18 ₹10,000 30 Sep 19 ₹10,810 30 Sep 20 ₹11,956 30 Sep 21 ₹12,867 30 Sep 22 ₹13,284 30 Sep 23 ₹14,205 Returns for ICICI Prudential Medium Term Bond Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 22 Aug 23 Duration Returns 1 Month 0.2% 3 Month 1.1% 6 Month 3.8% 1 Year 6.5% 3 Year 6.2% 5 Year 7.1% 10 Year 15 Year Since launch 7.4% Historical performance (Yearly) on absolute basis
Year Returns 2022 4.2% 2021 5.5% 2020 10.4% 2019 9.2% 2018 5.1% 2017 6.5% 2016 10.2% 2015 8.4% 2014 12.4% 2013 5.9% Fund Manager information for ICICI Prudential Medium Term Bond Fund
Name Since Tenure Manish Banthia 7 Nov 16 6.82 Yr. Ritesh Lunawat 1 May 23 0.33 Yr. Sharmila D’mello 1 May 23 0.33 Yr. Data below for ICICI Prudential Medium Term Bond Fund as on 31 Jul 23
Asset Allocation
Asset Class Value Cash 5.85% Debt 94.15% Debt Sector Allocation
Sector Value Corporate 56.14% Government 39.54% Cash Equivalent 4.32% Credit Quality
Rating Value AA 44.24% AAA 55.76% Top Securities Holdings / Portfolio
Name Holding Value Quantity 7.26% Govt Stock 2033
Sovereign Bonds | -16% ₹1,071 Cr 106,456,200
↓ -6,250,000 7.38% Govt Stock 2027
Sovereign Bonds | -8% ₹521 Cr 51,750,000 7.06% Govt Stock 2028
Sovereign Bonds | -6% ₹398 Cr 40,000,000 Small Industries Development Bank Of India
Debentures | -3% ₹196 Cr 19,700 07.18 Goi 2037
Sovereign Bonds | -3% ₹177 Cr 17,814,400
↓ -2,185,600 The Great Eastern Shipping Company Limited
Debentures | -2% ₹149 Cr 1,500 Ongc Petro Additions Limited
Debentures | -2% ₹148 Cr 1,500 TVS Credit Services Limited
Debentures | -2% ₹112 Cr 110 8.51% Govt Stock 2033
Sovereign Bonds | -2% ₹101 Cr 10,000,000 TATA Motors Finance Solutions Limited
Debentures | -2% ₹101 Cr 1,000 2. Kotak Medium Term Fund
CAGR/Annualized return of 7.3% since its launch. Ranked 10 in Medium term Bond category. Return for 2022 was 3.2% , 2021 was 4.7% and 2020 was 8.5% . Kotak Medium Term Fund
Growth Launch Date 25 Mar 14 NAV (22 Aug 23) ₹19.3958 ↑ 0.00 (0.01 %) Net Assets (Cr) ₹2,023 on 31 Jul 23 Category Debt - Medium term Bond AMC Kotak Mahindra Asset Management Co Ltd Rating ☆☆☆ Risk Moderate Expense Ratio 1.29 Sharpe Ratio -0.52 Information Ratio 0 Alpha Ratio 0 Min Investment 5,000 Min SIP Investment 1,000 Exit Load 0-18 Months (2%),18 Months and above(NIL) Yield to Maturity 8.12% Effective Maturity 8 Years 9 Months 7 Days Modified Duration 3 Years 4 Months 20 Days Growth of 10,000 investment over the years.
Date Value 30 Sep 18 ₹10,000 30 Sep 19 ₹10,673 30 Sep 20 ₹11,488 30 Sep 21 ₹12,363 30 Sep 22 ₹12,648 30 Sep 23 ₹13,359 Returns for Kotak Medium Term Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 22 Aug 23 Duration Returns 1 Month 0% 3 Month 0.7% 6 Month 3.4% 1 Year 4.9% 3 Year 5.4% 5 Year 5.8% 10 Year 15 Year Since launch 7.3% Historical performance (Yearly) on absolute basis
Year Returns 2022 3.2% 2021 4.7% 2020 8.5% 2019 7% 2018 5.4% 2017 6.6% 2016 10.9% 2015 9.3% 2014 2013 Fund Manager information for Kotak Medium Term Fund
Name Since Tenure Deepak Agrawal 25 Mar 14 9.44 Yr. sunit garg 1 Nov 22 0.83 Yr. Palha Khanna 3 Jul 23 0.16 Yr. Data below for Kotak Medium Term Fund as on 31 Jul 23
Asset Allocation
Asset Class Value Cash 6.79% Equity 4.96% Debt 88.25% Debt Sector Allocation
Sector Value Corporate 58.61% Government 29.64% Cash Equivalent 6.79% Credit Quality
Rating Value A 3.91% AA 30.81% AAA 65.29% Top Securities Holdings / Portfolio
Name Holding Value Quantity 8.51% Govt Stock 2033
Sovereign Bonds | -10% ₹201 Cr 19,837,493 HDFC Bank Limited
Debentures | -7% ₹142 Cr 1,400 7.06% Govt Stock 2028
Sovereign Bonds | -6% ₹125 Cr 12,500,000 Sikka Ports & Terminals Limited
Debentures | -5% ₹98 Cr 1,000 L&T Metro Rail (Hyderabad) Limited
Debentures | -5% ₹97 Cr 1,000 TATA Steel Limited
Debentures | -4% ₹75 Cr 750 Embassy Office Parks REIT (Real Estate)
-, Since 31 May 21 | EMBASSY3% ₹66 Cr 2,155,387 Bharti Telecom Limited
Debentures | -3% ₹50 Cr 500 7.9% Govt Stock 2031
Sovereign Bonds | -3% ₹50 Cr 5,000,000 Godrej Properties Limited
Debentures | -3% ₹50 Cr 5,000 3. Axis Strategic Bond Fund
CAGR/Annualized return of 8% since its launch. Ranked 7 in Medium term Bond category. Return for 2022 was 3.8% , 2021 was 5.2% and 2020 was 10.5% . Axis Strategic Bond Fund
Growth Launch Date 28 Mar 12 NAV (22 Aug 23) ₹23.9994 ↑ 0.00 (0.01 %) Net Assets (Cr) ₹1,959 on 31 Jul 23 Category Debt - Medium term Bond AMC Axis Asset Management Company Limited Rating ☆☆☆☆ Risk Moderate Expense Ratio 1.08 Sharpe Ratio 0.31 Information Ratio 0 Alpha Ratio 0 Min Investment 5,000 Min SIP Investment 1,000 Exit Load 0-12 Months (1%),12 Months and above(NIL) Yield to Maturity 8% Effective Maturity 4 Years 29 Days Modified Duration 3 Years 7 Days Growth of 10,000 investment over the years.
Date Value 30 Sep 18 ₹10,000 30 Sep 19 ₹10,743 30 Sep 20 ₹11,809 30 Sep 21 ₹12,685 30 Sep 22 ₹13,069 30 Sep 23 ₹13,989 Returns for Axis Strategic Bond Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 22 Aug 23 Duration Returns 1 Month 0.1% 3 Month 0.9% 6 Month 4% 1 Year 6.5% 3 Year 5.9% 5 Year 6.8% 10 Year 15 Year Since launch 8% Historical performance (Yearly) on absolute basis
Year Returns 2022 3.8% 2021 5.2% 2020 10.5% 2019 7.1% 2018 6.7% 2017 7.5% 2016 11.6% 2015 6.8% 2014 15% 2013 4.7% Fund Manager information for Axis Strategic Bond Fund
Name Since Tenure Devang Shah 5 Nov 12 10.83 Yr. Sachin Jain 1 Feb 23 0.58 Yr. Akhil Thakker 1 Feb 23 0.58 Yr. Data below for Axis Strategic Bond Fund as on 31 Jul 23
Asset Allocation
Asset Class Value Cash 6.71% Debt 93.29% Debt Sector Allocation
Sector Value Corporate 49.5% Government 43.77% Cash Equivalent 5.44% Securitized 1.29% Credit Quality
Rating Value A 4.39% AA 24.63% AAA 70.98% Top Securities Holdings / Portfolio
Name Holding Value Quantity 7.26% Govt Stock 2033
Sovereign Bonds | -17% ₹343 Cr 34,079,400
↑ 8,000,000 07.18 Goi 2033
Sovereign Bonds | -6% ₹120 Cr 12,000,000
↑ 4,500,000 7.06% Govt Stock 2028
Sovereign Bonds | -4% ₹80 Cr 8,000,000
↑ 3,500,000 Magma Housing Finance Limited
Debentures | -3% ₹58 Cr 5,750 8.51% Govt Stock 2033
Sovereign Bonds | -3% ₹56 Cr 5,500,000
↑ 2,500,000 Rural Electrification Corporation Limited
Debentures | -3% ₹50 Cr 5,000
↓ -2,500 National Bank For Agriculture And Rural Development
Debentures | -2% ₹45 Cr 450
↓ -250 Century Textiles And Industried Limited
Debentures | -2% ₹45 Cr 4,500 JM Financial Credit Solutions Limited
Debentures | -2% ₹43 Cr 428 Motherson Sumi Systems Limited
Debentures | -2% ₹40 Cr 4,000 4. Nippon India Strategic Debt Fund
CAGR/Annualized return of 3.2% since its launch. Ranked 7 in Medium term Bond category. Return for 2022 was 2% , 2021 was 17.4% and 2020 was -23.5% . Nippon India Strategic Debt Fund
Growth Launch Date 26 Jun 14 NAV (22 Aug 23) ₹13.3948 ↑ 0.01 (0.04 %) Net Assets (Cr) ₹126 on 31 Jul 23 Category Debt - Medium term Bond AMC Nippon Life Asset Management Ltd. Rating ☆☆☆☆ Risk Moderate Expense Ratio 1.93 Sharpe Ratio 0.15 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 7.98% Effective Maturity 3 Years 11 Months 16 Days Modified Duration 3 Years 2 Months 1 Day Growth of 10,000 investment over the years.
Date Value 30 Sep 18 ₹10,000 30 Sep 19 ₹9,899 30 Sep 20 ₹7,314 30 Sep 21 ₹8,811 30 Sep 22 ₹8,894 30 Sep 23 ₹9,523 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 22 Aug 23 Duration Returns 1 Month 0.2% 3 Month 0.9% 6 Month 4.5% 1 Year 6.6% 3 Year 8.5% 5 Year -1.1% 10 Year 15 Year Since launch 3.2% Historical performance (Yearly) on absolute basis
Year Returns 2022 2% 2021 17.4% 2020 -23.5% 2019 -3.4% 2018 4.7% 2017 6.9% 2016 11.1% 2015 9% 2014 2013 Fund Manager information for Nippon India Strategic Debt Fund
Name Since Tenure Kinjal Desai 25 May 18 5.27 Yr. Sushil Budhia 1 Feb 20 3.58 Yr. Akshay Sharma 1 Dec 22 0.75 Yr. Data below for Nippon India Strategic Debt Fund as on 31 Jul 23
Asset Allocation
Asset Class Value Cash 14.87% Debt 85.13% Debt Sector Allocation
Sector Value Government 44.59% Corporate 40.55% Cash Equivalent 14.87% Credit Quality
Rating Value AA 20.75% AAA 79.25% Top Securities Holdings / Portfolio
Name Holding Value Quantity 7.17% Govt Stock 2030
Sovereign Bonds | -12% ₹15 Cr 1,500,000 7.1% Govt Stock 2029
Sovereign Bonds | -8% ₹10 Cr 1,000,000 India Grid TRust
Debentures | -8% ₹10 Cr 100 Summit Digitel Infrastructure Limited
Debentures | -6% ₹8 Cr 80 Piramal Capital & Housing Finance Limited
Debentures | -5% ₹6 Cr 75,000 07.59 RJ Sdl 2029
Sovereign Bonds | -4% ₹5 Cr 500,000 7.26% Govt Stock 2033
Sovereign Bonds | -4% ₹5 Cr 500,000 Muthoot Finance Limited
Debentures | -4% ₹5 Cr 500 Aadhar Housing Finance Limited
Debentures | -4% ₹5 Cr 500 HDFC Bank Limited
Debentures | -4% ₹5 Cr 500 5. Aditya Birla Sun Life Medium Term Plan
CAGR/Annualized return of 8.6% since its launch. Ranked 6 in Medium term Bond category. Return for 2022 was 24.8% , 2021 was 7.1% and 2020 was 8.1% . Aditya Birla Sun Life Medium Term Plan
Growth Launch Date 25 Mar 09 NAV (22 Aug 23) ₹32.9241 ↑ 0.00 (0.00 %) Net Assets (Cr) ₹1,891 on 31 Jul 23 Category Debt - Medium term Bond AMC Birla Sun Life Asset Management Co Ltd Rating ☆☆☆☆ Risk Moderate Expense Ratio 1.52 Sharpe Ratio 0.66 Information Ratio 0 Alpha Ratio 0 Min Investment 1,000 Min SIP Investment 1,000 Exit Load 0-365 Days (1%),365 Days and above(NIL) Yield to Maturity 7.95% Effective Maturity 4 Years 7 Months 28 Days Modified Duration 2 Years 10 Months 6 Days Growth of 10,000 investment over the years.
Date Value 30 Sep 18 ₹10,000 30 Sep 19 ₹10,612 30 Sep 20 ₹10,367 30 Sep 21 ₹11,246 30 Sep 22 ₹13,887 30 Sep 23 ₹14,883 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 22 Aug 23 Duration Returns 1 Month 0.2% 3 Month 1.1% 6 Month 3.8% 1 Year 6.9% 3 Year 13.5% 5 Year 8% 10 Year 15 Year Since launch 8.6% Historical performance (Yearly) on absolute basis
Year Returns 2022 24.8% 2021 7.1% 2020 8.1% 2019 -4.4% 2018 5.6% 2017 7% 2016 10.9% 2015 9.5% 2014 12% 2013 10.2% Fund Manager information for Aditya Birla Sun Life Medium Term Plan
Name Since Tenure Sunaina Cunha 1 Sep 14 9 Yr. Mohit Sharma 6 Aug 20 3.07 Yr. Dhaval Joshi 21 Nov 22 0.78 Yr. Data below for Aditya Birla Sun Life Medium Term Plan as on 31 Jul 23
Asset Allocation
Asset Class Value Cash 3.42% Equity 2.15% Debt 94.43% Debt Sector Allocation
Sector Value Government 48.84% Corporate 45.6% Cash Equivalent 3.42% Credit Quality
Rating Value A 4.88% AA 33.64% AAA 61.49% Top Securities Holdings / Portfolio
Name Holding Value Quantity 7.26% Govt Stock 2033
Sovereign Bonds | -22% ₹413 Cr 41,000,000
↓ -2,000,000 7.38% Govt Stock 2027
Sovereign Bonds | -9% ₹177 Cr 17,600,000 07.18 Goi 2033
Sovereign Bonds | -9% ₹166 Cr 16,500,000
↑ 2,000,000 Shriram Finance Limited
Debentures | -3% ₹65 Cr 650 LIC Housing Finance Limited
Debentures | -3% ₹55 Cr 550 JSW Steel Limited
Debentures | -3% ₹50 Cr 500 JM Financial Credit Solutions Limited
Debentures | -2% ₹44 Cr 440 IRB InvIT Fund Units 2017-Series IV (Industrials)
Equity, Since 31 May 18 | IRBINVIT2% ₹41 Cr 5,820,000 Nexus Select Trust
Debentures | -2% ₹40 Cr 4,000 07.18 Goi 2037
Sovereign Bonds | -2% ₹40 Cr 4,000,000 6. HDFC Medium Term Debt Fund
CAGR/Annualized return of 7.6% since its launch. Ranked 22 in Medium term Bond category. Return for 2022 was 2.9% , 2021 was 5% and 2020 was 10% . HDFC Medium Term Debt Fund
Growth Launch Date 6 Feb 02 NAV (22 Aug 23) ₹48.7631 ↑ 0.00 (0.00 %) Net Assets (Cr) ₹4,324 on 31 Jul 23 Category Debt - Medium term Bond AMC HDFC Asset Management Company Limited Rating ☆☆☆ Risk Moderate Expense Ratio 1.3 Sharpe Ratio 0.13 Information Ratio 0 Alpha Ratio 0 Min Investment 5,000 Min SIP Investment 300 Exit Load 0-1 Months (0.25%),1 Months and above(NIL) Yield to Maturity 7.93% Effective Maturity 4 Years 3 Months 12 Days Modified Duration 3 Years 20 Days Growth of 10,000 investment over the years.
Date Value 30 Sep 18 ₹10,000 30 Sep 19 ₹10,934 30 Sep 20 ₹11,913 30 Sep 21 ₹12,835 30 Sep 22 ₹13,070 30 Sep 23 ₹13,977 Returns for HDFC Medium Term Debt Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 22 Aug 23 Duration Returns 1 Month 0.2% 3 Month 1% 6 Month 3.8% 1 Year 6.2% 3 Year 5.6% 5 Year 6.8% 10 Year 15 Year Since launch 7.6% Historical performance (Yearly) on absolute basis
Year Returns 2022 2.9% 2021 5% 2020 10% 2019 9.1% 2018 5.6% 2017 5.5% 2016 11.5% 2015 7.4% 2014 11.2% 2013 7% Fund Manager information for HDFC Medium Term Debt Fund
Name Since Tenure Shobhit Mehrotra 1 Sep 07 16.01 Yr. Dhruv Muchhal 22 Jun 23 0.19 Yr. Data below for HDFC Medium Term Debt Fund as on 31 Jul 23
Asset Allocation
Asset Class Value Cash 7.27% Debt 92.73% Debt Sector Allocation
Sector Value Corporate 62.36% Government 30.95% Cash Equivalent 6.69% Credit Quality
Rating Value AA 29.89% AAA 70.11% Top Securities Holdings / Portfolio
Name Holding Value Quantity 7.1% Govt Stock 2029
Sovereign Bonds | -5% ₹229 Cr 23,000,000 7.26% Govt Stock 2032
Sovereign Bonds | -4% ₹156 Cr 15,500,000 7.26% Govt Stock 2033
Sovereign Bonds | -3% ₹151 Cr 15,000,000 Tata Steel Limited
Debentures | -3% ₹146 Cr 14,500 Jamnagar Utilities & Power Private Limited
Debentures | -3% ₹120 Cr 1,250 6.54% Govt Stock 2032
Sovereign Bonds | -3% ₹110 Cr 11,500,000 L&T Metro Rail (Hyderabad) Limited
Debentures | -2% ₹98 Cr 1,000 07.18 Goi 2037
Sovereign Bonds | -2% ₹95 Cr 9,547,700 6.1% Govt Stock 2031
Sovereign Bonds | -2% ₹94 Cr 10,000,000 Sikka Ports & Terminals Limited
Debentures | -2% ₹93 Cr 950
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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