Table of Contents
Best Bond Mutual Funds 2019
Bond Mutual Funds offer higher returns than bank accounts and are highly liquid in nature, which means that investors can redeem their investment at any point of time. Some of the best major benefits of investing in Bond Funds are low-cost structure, relatively higher returns, high liquidity and reasonable safety.
Bond Funds also known as Debt fund. It’s a type of Mutual Fund scheme that invests in fixed income instruments such as government & corporate Bonds, money market instruments, corporate debt securities, etc., that offer capital appreciation. Bond Funds are an ideal investment for average risk-averse investors who are looking for stable & regular income. These funds are less volatile and hence are less risky than Equity Funds. Moreover, Bond Funds can be a better alternative to a bank Fixed Deposit.
Following are the best Bond Funds as per the category ranking that can help you achieve your Financial goals and can help you earn better returns.
Why to Invest in Bond Mutual Funds?
Some of the important benefits of these funds are:
- Bond Funds are a good option for earning regular income. For instance, choosing dividend payout can be an option for regular income.
- It is a good option to plan short financial goals. In a shorter duration, these funds ensure safety returns and as highly liquid as well.
- In Bond Funds, you can withdraw/redeem even partial money from your investment at any point and can let the remaining money stay invested.
- As, Bond Funds majorly invest in government securities they are not affected by the volatility of the equity market. Hence, it’s an optimal investment avenue for those who are risk-averse.
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Bond Funds to Invest for < 1 year
Fund NAV Net Assets (Cr) 3 MO (%) 6 MO (%) 1 YR (%) 3 YR (%) 2018 (%) Debt Yield (YTM) Mod. Duration Eff. Maturity Franklin India Ultra Short Bond Fund - Super Institutional Plan Growth ₹26.5564
↑ 0.01 ₹16,724 2.3 5.1 9.7 8.9 8.7 9.56% 5M 8D 6M 18D Aditya Birla Sun Life Savings Fund Growth ₹372.739
↑ 0.18 ₹13,667 2.1 4.5 8.6 7.9 7.6 8.39% 6M 14D 7M 10D DHFL Pramerica Insta Cash Fund Growth ₹244.239
↑ 0.04 ₹948 1.8 3.7 7.6 7.2 7.4 7.01% 1M 24D 1M 24D JM Liquid Fund Growth ₹51.4337
↑ 0.01 ₹1,995 1.8 3.7 7.6 7.2 7.4 7.25% 1M 28D 1M 28D Indiabulls Liquid Fund Growth ₹1,831.47
↑ 0.36 ₹2,816 1.7 3.6 7.4 7.1 7.3 0% Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 17 May 19
Bond Funds to Invest for > 1 year
Fund NAV Net Assets (Cr) 3 MO (%) 6 MO (%) 1 YR (%) 3 YR (%) 2018 (%) Debt Yield (YTM) Mod. Duration Eff. Maturity DHFL Pramerica Short Maturity Fund Growth ₹33.2357
↑ 0.03 ₹357 -0.2 2 5 6.5 5.5 12.31% 8M 12D 9M 29D Axis Strategic Bond Fund Growth ₹18.2902
↑ 0.02 ₹1,240 2.1 4.7 8.5 8.3 6.7 9.33% 2Y 8M 12D 3Y 10M 24D Aditya Birla Sun Life Short Term Opportunities Fund Growth ₹31.0862
↑ 0.02 ₹3,553 2 4.2 8.2 7.4 6.5 9.15% 2Y 4D 2Y 7M 24D ICICI Prudential Short Term Fund Growth ₹38.8696
↑ 0.04 ₹7,578 2.2 4.5 8 7.4 5.8 8.41% 1Y 11M 26D 2Y 8M 8D Reliance Short Term Fund Growth ₹34.9243
↑ 0.03 ₹6,710 2 4.5 7.8 6.9 5.5 8.53% 1Y 11M 5D 2Y 3M 29D Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 17 May 19
Bond Funds to Invest for > 3 years
Fund NAV Net Assets (Cr) 3 MO (%) 6 MO (%) 1 YR (%) 3 YR (%) 2018 (%) Debt Yield (YTM) Mod. Duration Eff. Maturity Reliance Gilt Securities Fund Growth ₹25.0469
↓ -0.01 ₹975 2.9 6.3 11 8.8 8 7.77% 6Y 6M 18D 10Y 4M 2D Aditya Birla Sun Life Government Securities Fund Growth ₹52.388
↑ 0.01 ₹199 2.1 6 10.1 8.3 6.9 7.44% 4Y 9M 29D 7Y 2M 1D SBI Magnum Gilt Fund Growth ₹41.0741
↓ -0.02 ₹1,475 2.8 5.6 8.8 8 5.1 0% UTI Gilt Fund Growth ₹41.1835
↓ 0.00 ₹465 3 5.4 8.6 8.8 6.3 8.17% 6Y 4M 17D 9Y 5M 18D ICICI Prudential Gilt Fund Growth ₹63.9973
↑ 0.00 ₹1,016 2.2 4.4 8.5 7.9 6.8 0% Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 17 May 19
Best 10-Year Govt. Bond Funds
Fund NAV Net Assets (Cr) 3 MO (%) 6 MO (%) 1 YR (%) 3 YR (%) 2018 (%) Debt Yield (YTM) Mod. Duration Eff. Maturity SBI Magnum Constant Maturity Fund Growth ₹40.8346
↑ 0.01 ₹420 2.6 6 10.6 9 9.9 0% IDFC Government Securities Fund - Constant Maturity Plan Growth ₹28.805
↓ -0.01 ₹32 3.8 8.2 13.6 9.3 11.8 7.88% 6Y 9M 22D 10Y 3M 29D ICICI Prudential Constant Maturity Gilt Fund Growth ₹15.3233
↑ 0.00 ₹43 2.7 6.6 11.8 8.5 9.7 0% DSP BlackRock 10Y G-Sec Fund Growth ₹14.4356
↑ 0.02 ₹19 2.2 5.5 9.7 6.8 5.9 7.45% 7Y 7D 10Y 4M 10D Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 17 May 19
*Below is the list of Bond Mutual Funds having net assets 50 Crore and having managed assets for over 3 Years. Based on heighest Yield to Maturity (ytm)
The primary investment objective of the Scheme is to generate regular income through investments in debt & money market instruments in order to make regular dividend payments to unit holders & secondary objective is growth of capital. Aditya Birla Sun Life Medium Term Plan is a Debt - Medium term Bond fund was launched on 25 Mar 09. It is a fund with Moderate risk and has given a Below is the key information for Aditya Birla Sun Life Medium Term Plan Returns up to 1 year are on To generate steady returns with low to medium market risk for investors by investing in a portfolio of short -medium term debt and money market securities. DHFL Pramerica Short Maturity Fund is a Debt - Short term Bond fund was launched on 21 Jan 03. It is a fund with Moderate risk and has given a Below is the key information for DHFL Pramerica Short Maturity Fund Returns up to 1 year are on The objective of the Scheme is to provide investors stable returns by investing in fixed income securities. Franklin India Short Term Income Plan - Retail Plan is a Debt - Short term Bond fund was launched on 31 Jan 02. It is a fund with Moderate risk and has given a Below is the key information for Franklin India Short Term Income Plan - Retail Plan Returns up to 1 year are on The Fund seeks to provide regular income and capital appreciation by investing in fixed income securities across the yield curve. Franklin India Income Opportunities Fund is a Debt - Medium term Bond fund was launched on 12 Nov 09. It is a fund with Moderate risk and has given a Below is the key information for Franklin India Income Opportunities Fund Returns up to 1 year are on (Erstwhile Reliance Classic Bond Fund) To generate income through investments in a range of debt and money market instruments of various maturities with a view to maximizing income while
maintaining the optimum balance of yield, safety and liquidity. The scheme would focus its investments predominantly in corporate bonds of various maturities and across ratings for the purpose of achieving regular income and
capital appreciation. Reliance Strategic Debt Fund is a Debt - Medium term Bond fund was launched on 26 Jun 14. It is a fund with Moderate risk and has given a Below is the key information for Reliance Strategic Debt Fund Returns up to 1 year are on The investment objective of the scheme is to generate regular income and capital appreciation by investing in a portfolio of medium term debt and money market instruments. There is no assurance or guarantee that the investment objective of the scheme will be achieved Kotak Medium Term Fund is a Debt - Medium term Bond fund was launched on 25 Mar 14. It is a fund with Moderate risk and has given a Below is the key information for Kotak Medium Term Fund Returns up to 1 year are on 1. Aditya Birla Sun Life Medium Term Plan
CAGR/Annualized return of 8.5% since its launch. Ranked 6 in Medium term Bond category. Return for 2018 was 5.6% , 2017 was 7% and 2016 was 10.9% . Aditya Birla Sun Life Medium Term Plan
Growth Launch Date 25 Mar 09 NAV (17 May 19) ₹22.8058 ↑ 0.02 (0.09 %) Net Assets (Cr) ₹8,299 on 31 Mar 19 Category Debt - Medium term Bond AMC Birla Sun Life Asset Management Co Ltd Rating ☆☆☆☆ Risk Moderate Expense Ratio 1.65 Sharpe Ratio 0.16 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 14.97% Effective Maturity 3 Years 8 Months 1 Day Modified Duration 2 Years 7 Months 2 Days Growth of 10,000 investment over the years.
Date Value 30 Apr 14 ₹10,000 30 Apr 15 ₹11,155 30 Apr 16 ₹12,251 30 Apr 17 ₹13,376 30 Apr 18 ₹14,270 30 Apr 19 ₹14,820 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 17 May 19 Duration Returns 1 Month 0.1% 3 Month 1.4% 6 Month 1.6% 1 Year 4.1% 3 Year 6.5% 5 Year 8.1% 10 Year 15 Year Since launch 8.5% Historical performance (Yearly) on absolute basis
Year Returns 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% 2009 Fund Manager information for Aditya Birla Sun Life Medium Term Plan
Name Since Tenure Maneesh Dangi 1 Sep 14 4.58 Yr. Sunaina Cunha 1 Apr 17 2 Yr. Data below for Aditya Birla Sun Life Medium Term Plan as on 31 Mar 19
Asset Allocation
Asset Class Value Cash 4.18% Equity 0.49% Debt 95.34% Debt Sector Allocation
Sector Value Corporate 91.49% Cash Equivalent 4.18% Government 2.3% Securitized 1.54% Credit Quality
Rating Value A 27.76% AA 28.57% AAA 29.61% B 0.46% Below B 6.11% Top Securities Holdings / Portfolio
Name Holding Value Quantity Sprit Textiles Private Limited
Debentures | -8% ₹672 Cr 4,448 Adilink Infra & Multitrading Private Limited
Debentures | -7% ₹590 Cr 5,215 SP Imperial Star Private Limited
Unlisted bonds | -5% ₹422 Cr 325 RKN Retail Private Limited
Debentures | -4% ₹333 Cr 275 REC LIMITED
Debentures | -4% ₹303 Cr 3,071 RKN Retail Private Limited
Debentures | -4% ₹285 Cr 234 Sugee Builders Private Limited
Debentures | -3% ₹215 Cr 200 Housing And Urban Development Corporation Ltd.
Debentures | -3% ₹210 Cr 2,100
↑ 500 Prestige Estates Projects Limited
Debentures | -2% ₹202 Cr 2,020 STATE BANK OF INDIA
Debentures | -2% ₹199 Cr 1,980
↓ -100 2. DHFL Pramerica Short Maturity Fund
CAGR/Annualized return of 7.6% since its launch. Ranked 5 in Short term Bond category. Return for 2018 was 5.5% , 2017 was 6.8% and 2016 was 10% . DHFL Pramerica Short Maturity Fund
Growth Launch Date 21 Jan 03 NAV (17 May 19) ₹33.2357 ↑ 0.03 (0.08 %) Net Assets (Cr) ₹357 on 31 Mar 19 Category Debt - Short term Bond AMC DHFL Pramerica Asset Managers Private Limited Rating ☆☆☆☆☆ Risk Moderate Expense Ratio 1.45 Sharpe Ratio 1.58 Information Ratio -0.67 Alpha Ratio -0.88 Min Investment 5,000 Min SIP Investment 500 Exit Load 0-6 Months (0.5%),6 Months and above(NIL) Yield to Maturity 12.31% Effective Maturity 9 Months 29 Days Modified Duration 8 Months 12 Days Growth of 10,000 investment over the years.
Date Value 30 Apr 14 ₹10,000 30 Apr 15 ₹11,043 30 Apr 16 ₹11,969 30 Apr 17 ₹13,069 30 Apr 18 ₹13,847 30 Apr 19 ₹14,505 Returns for DHFL Pramerica Short Maturity Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 17 May 19 Duration Returns 1 Month -0.9% 3 Month -0.2% 6 Month 2% 1 Year 5% 3 Year 6.5% 5 Year 7.6% 10 Year 15 Year Since launch 7.6% Historical performance (Yearly) on absolute basis
Year Returns 2018 5.5% 2017 6.8% 2016 10% 2015 8.3% 2014 10.6% 2013 8.1% 2012 9.8% 2011 8.9% 2010 4.9% 2009 7.7% Fund Manager information for DHFL Pramerica Short Maturity Fund
Name Since Tenure Kumaresh Ramakrishnan 13 Dec 17 1.3 Yr. Puneet Pal 13 Dec 17 1.3 Yr. Data below for DHFL Pramerica Short Maturity Fund as on 31 Mar 19
Asset Allocation
Asset Class Value Cash 16.67% Debt 83.33% Debt Sector Allocation
Sector Value Corporate 83.33% Cash Equivalent 16.67% Credit Quality
Rating Value A 87.32% AA 12.68% Top Securities Holdings / Portfolio
Name Holding Value Quantity Business Broadcast News Holdings Limited
Debentures | -27% ₹80 Cr 8,500,000 Dewan Housing Finance Corporation Limited
Debentures | -24% ₹74 Cr 7,500,000 Net Receivables / (Payables)
Net Current Assets | -17% ₹50 Cr Reliance Mediaworks Limited
Debentures | -16% ₹47 Cr 5,000,000 Yes Bank Limited
Debentures | -9% ₹27 Cr 2,830,000 Dewan Housing Finance Corporation Limited
Debentures | -6% ₹18 Cr 2,000,000 Hansdeep Industries & Trading Company Limited
Debentures | -2% ₹5 Cr 590,000 Clearing Corporation Of India Ltd.
CBLO | -0% ₹0 Cr 3. Franklin India Short Term Income Plan - Retail Plan
CAGR/Annualized return of 8.4% since its launch. Ranked 19 in Short term Bond category. Return for 2018 was 8.8% , 2017 was 8.6% and 2016 was 8.3% . Franklin India Short Term Income Plan - Retail Plan
Growth Launch Date 31 Jan 02 NAV (17 May 19) ₹4,001.66 ↑ 2.89 (0.07 %) Net Assets (Cr) ₹12,866 on 31 Mar 19 Category Debt - Short term Bond AMC Franklin Templeton Asst Mgmt(IND)Pvt Ltd Rating ☆☆ Risk Moderate Expense Ratio 1.57 Sharpe Ratio 2.7 Information Ratio 2.57 Alpha Ratio 0.92 Min Investment 5,000 Min SIP Investment 500 Exit Load 0-1 Years (0.5%),1 Years and above(NIL) Yield to Maturity 11.11% Effective Maturity 2 Years 10 Months 20 Days Modified Duration 2 Years 1 Month 6 Days Growth of 10,000 investment over the years.
Date Value 30 Apr 14 ₹10,000 30 Apr 15 ₹11,146 30 Apr 16 ₹11,878 30 Apr 17 ₹13,144 30 Apr 18 ₹14,144 30 Apr 19 ₹15,379 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 17 May 19 Duration Returns 1 Month 0.2% 3 Month 1.4% 6 Month 4.9% 1 Year 9.3% 3 Year 8.9% 5 Year 8.9% 10 Year 15 Year Since launch 8.4% Historical performance (Yearly) on absolute basis
Year Returns 2018 8.8% 2017 8.6% 2016 8.3% 2015 9.1% 2014 11.7% 2013 9% 2012 10% 2011 9% 2010 5.6% 2009 12% Fund Manager information for Franklin India Short Term Income Plan - Retail Plan
Name Since Tenure Santosh Kamath 24 Jun 16 2.77 Yr. Kunal Agrawal 24 Jun 16 2.77 Yr. Data below for Franklin India Short Term Income Plan - Retail Plan as on 31 Mar 19
Asset Allocation
Asset Class Value Cash 3.12% Debt 94.63% Other 2.25% Debt Sector Allocation
Sector Value Corporate 92.28% Cash Equivalent 3.12% Government 2.36% Credit Quality
Rating Value A 46.08% AA 42.83% AAA 11.09% Top Securities Holdings / Portfolio
Name Holding Value Quantity SHRIRAM TRANSPORT FINANCE COMPANY LIMITED
Debentures | -5% ₹697 Cr 7,200 ADANI RAIL INFRA PRIVATE LIMITED
Debentures | -4% ₹535 Cr 500 Idea Cellular Limited
Debentures | -4% ₹510 Cr 5,230 Power Finance Corporation Ltd.
Debentures | -3% ₹448 Cr 4,445
↑ 145 PIPELINE INFRASTRUCTURE PRIVATE LIMITED
Debentures | -3% ₹423 Cr 4,250
↑ 4,250 DOLVI Minerals & Metals Private Limited
Debentures | -3% ₹410 Cr 2,380 Piramal Capital & Housing Finance Ltd
Debentures | -3% ₹383 Cr 4,813 Rishanth Wholesale Trading Private Ltd.
Debentures | -3% ₹352 Cr 350 Yes Bank Limited
Debentures | -3% ₹335 Cr 3,523 Edelweiss Agri Value Chain Limited
Debentures | -2% ₹302 Cr 3,100 4. Franklin India Income Opportunities Fund
CAGR/Annualized return of 8.9% since its launch. Ranked 15 in Medium term Bond category. Return for 2018 was 8% , 2017 was 8.6% and 2016 was 8.4% . Franklin India Income Opportunities Fund
Growth Launch Date 12 Nov 09 NAV (17 May 19) ₹22.2371 ↑ 0.02 (0.09 %) Net Assets (Cr) ₹3,889 on 31 Mar 19 Category Debt - Medium term Bond AMC Franklin Templeton Asst Mgmt(IND)Pvt Ltd Rating ☆☆☆ Risk Moderate Expense Ratio 1.7 Sharpe Ratio 2.12 Information Ratio 1.96 Alpha Ratio -0.27 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 11.05% Effective Maturity 4 Years 8 Months 23 Days Modified Duration 3 Years 3 Months Growth of 10,000 investment over the years.
Date Value 30 Apr 14 ₹10,000 30 Apr 15 ₹11,145 30 Apr 16 ₹11,909 30 Apr 17 ₹13,177 30 Apr 18 ₹14,177 30 Apr 19 ₹15,231 Returns for Franklin India Income Opportunities Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 17 May 19 Duration Returns 1 Month 0.1% 3 Month 1.1% 6 Month 3.8% 1 Year 8% 3 Year 8.5% 5 Year 8.7% 10 Year 15 Year Since launch 8.9% Historical performance (Yearly) on absolute basis
Year Returns 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% 2009 Fund Manager information for Franklin India Income Opportunities Fund
Name Since Tenure Santosh Kamath 1 Jun 16 2.83 Yr. Kunal Agrawal 25 Oct 18 0.43 Yr. Data below for Franklin India Income Opportunities Fund as on 31 Mar 19
Asset Allocation
Asset Class Value Cash 1.1% Debt 96.85% Other 2.05% Debt Sector Allocation
Sector Value Corporate 94.99% Government 1.86% Cash Equivalent 1.1% Credit Quality
Rating Value A 46.16% AA 39.85% AAA 14% Top Securities Holdings / Portfolio
Name Holding Value Quantity Parimal Finance Private Limited
Debentures | -7% ₹258 Cr 2,797 Power Finance Corporation Ltd.
Debentures | -6% ₹232 Cr 2,300
↑ 100 Coastal Gujarat Power Limited
Debentures | -5% ₹189 Cr 1,910
↑ 30 Shriram Transport Finance Company Limited
Debentures | -4% ₹147 Cr 1,550 Rivaaz Trade Ventures Private Limited
Debentures | -4% ₹143 Cr 1,450 Idea Cellular Limited
Debentures | -4% ₹142 Cr 1,450 Wadhawan Global Capital Private Limited
Debentures | -3% ₹129 Cr 1,250 Pune Solapur Expressways Pvt. Ltd
Debentures | -3% ₹122 Cr 12,673 Andhra Pradesh Capital Region Development Authority
Debentures | -3% ₹118 Cr 5,858 DCB Bank Limited
Debentures | -3% ₹115 Cr 12,100 5. Reliance Strategic Debt Fund
CAGR/Annualized return of 7.5% since its launch. Ranked 7 in Medium term Bond category. Return for 2018 was 4.7% , 2017 was 6.9% and 2016 was 11.1% . Reliance Strategic Debt Fund
Growth Launch Date 26 Jun 14 NAV (17 May 19) ₹14.2646 ↑ 0.01 (0.08 %) Net Assets (Cr) ₹5,870 on 31 Mar 19 Category Debt - Medium term Bond AMC Reliance Nippon Life Asset Management Ltd. Rating ☆☆☆☆ Risk Moderate Expense Ratio 1.82 Sharpe Ratio 0.85 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 10.42% Effective Maturity 3 Years 8 Months 8 Days Modified Duration 2 Years 7 Months 17 Days Growth of 10,000 investment over the years.
Date Value 30 Apr 15 ₹10,967 30 Apr 16 ₹11,941 30 Apr 17 ₹13,193 30 Apr 18 ₹13,913 30 Apr 19 ₹14,255 Returns for Reliance Strategic Debt Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 17 May 19 Duration Returns 1 Month -3.1% 3 Month -1.8% 6 Month -0.1% 1 Year 2.7% 3 Year 5.9% 5 Year 10 Year 15 Year Since launch 7.5% Historical performance (Yearly) on absolute basis
Year Returns 2018 4.7% 2017 6.9% 2016 11.1% 2015 9% 2014 2013 2012 2011 2010 2009 Fund Manager information for Reliance Strategic Debt Fund
Name Since Tenure Prashant Pimple 26 Jun 14 4.76 Yr. Kinjal Desai 25 May 18 0.85 Yr. Data below for Reliance Strategic Debt Fund as on 31 Mar 19
Asset Allocation
Asset Class Value Cash 12.86% Debt 87.14% Other 0% Debt Sector Allocation
Sector Value Corporate 79.57% Cash Equivalent 12.81% Securitized 7.25% Government 0.37% Credit Quality
Rating Value A 4.7% AA 76.16% AAA 16.8% BBB 2.34% Top Securities Holdings / Portfolio
Name Holding Value Quantity Yes Bank Limited
Debentures | -9% ₹527 Cr 5,700 Reliance Liquid Dir Gr
Investment Fund | -7% ₹375 Cr 817,331
↑ 773,443 Piramal Enterprises Limited
Debentures | -5% ₹299 Cr 3,000 Nirma Limited
Debentures | -5% ₹269 Cr 2,750 INDIAN RECEIVABLE TRUST 19 FEB - 2019
Unlisted bonds | -4% ₹210 Cr 2,282 Net Current Assets
Net Current Assets | -3% ₹195 Cr U.P. Power Corporation Limited
Debentures | -3% ₹194 Cr 1,975 Shriram Transport Finance Company Limited
Debentures | -3% ₹170 Cr 1,765 Dewan Housing Finance Corporation Limited
Debentures | -2% ₹130 Cr 1,324
↓ -176 L&T Metro Rail (Hyderabad) Limited
Debentures | -2% ₹124 Cr 1,200
↑ 250 6. Kotak Medium Term Fund
CAGR/Annualized return of 8.6% since its launch. Ranked 10 in Medium term Bond category. Return for 2018 was 5.4% , 2017 was 6.6% and 2016 was 10.9% . Kotak Medium Term Fund
Growth Launch Date 25 Mar 14 NAV (17 May 19) ₹15.3391 ↑ 0.01 (0.09 %) Net Assets (Cr) ₹4,166 on 31 Mar 19 Category Debt - Medium term Bond AMC Kotak Mahindra Asset Management Co Ltd Rating ☆☆☆ Risk Moderate Expense Ratio 1.74 Sharpe Ratio 1.26 Information Ratio 0 Alpha Ratio 0 Min Investment 5,000 Min SIP Investment 1,000 Exit Load 0-18 Months (2%),18 Months and above(NIL) Yield to Maturity 9.99% Effective Maturity 3 Years 7 Months 24 Days Modified Duration 2 Years 4 Months 6 Days Growth of 10,000 investment over the years.
Date Value 30 Apr 14 ₹10,000 30 Apr 15 ₹11,120 30 Apr 16 ₹12,171 30 Apr 17 ₹13,392 30 Apr 18 ₹14,134 30 Apr 19 ₹15,047 Returns for Kotak Medium Term Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 17 May 19 Duration Returns 1 Month 0.4% 3 Month 1.8% 6 Month 4% 1 Year 7.1% 3 Year 7.3% 5 Year 8.5% 10 Year 15 Year Since launch 8.6% Historical performance (Yearly) on absolute basis
Year Returns 2018 5.4% 2017 6.6% 2016 10.9% 2015 9.3% 2014 2013 2012 2011 2010 2009 Fund Manager information for Kotak Medium Term Fund
Name Since Tenure Deepak Agrawal 25 Mar 14 5.02 Yr. Data below for Kotak Medium Term Fund as on 31 Mar 19
Asset Allocation
Asset Class Value Cash 8.62% Debt 91.38% Debt Sector Allocation
Sector Value Corporate 74.71% Government 16.67% Cash Equivalent 8.62% Credit Quality
Rating Value A 23.56% AA 49.97% AAA 24.85% BBB 0.38% Top Securities Holdings / Portfolio
Name Holding Value Quantity U.P. Power Corporation Limited
Debentures | -6% ₹231 Cr 2,350 Coastal Gujarat Power Limited
Debentures | -5% ₹222 Cr 2,250 Reliance Jio Infocomm Limited
Debentures | -5% ₹206 Cr 2,050
↓ -100 Punjab National Bank
Debentures | -5% ₹189 Cr 2,050 Reliance Ports And Terminals Limited
Debentures | -5% ₹186 Cr 1,900 Punjab and Sind Bank
Debentures | -4% ₹179 Cr 1,796 Aasan Corporate Solutions Pvt. Ltd.
Debentures | -4% ₹175 Cr 1,750 Net Current Assets/(Liabilities)
Net Current Assets | -4% ₹150 Cr Adani Infra (India) Limited
Debentures | -3% ₹125 Cr 125 Reliance Utilities And Power Private Limited
Debentures | -2% ₹101 Cr 1,000
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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