Table of Contents
Best Bond Mutual Funds 2021
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 (%) 2020 (%) Debt Yield (YTM) Mod. Duration Eff. Maturity Aditya Birla Sun Life Savings Fund Growth ₹432.545
↑ 0.03 ₹17,747 0.9 2.1 4.1 6.8 7 0% JM Liquid Fund Growth ₹56.9006
↑ 0.00 ₹980 0.8 1.6 3.2 4.9 4 3.49% 1M 4D 1M 6D PGIM India Insta Cash Fund Growth ₹271.109
↑ 0.02 ₹619 0.8 1.6 3.2 5 4.2 3.52% 1M 7D 1M 10D Principal Cash Management Fund Growth ₹1,838.81
↑ 0.13 ₹186 0.8 1.6 3.1 4.6 3.8 3.45% 16D 17D Indiabulls Liquid Fund Growth ₹2,022.58
↑ 0.15 ₹121 0.7 1.5 3.1 4.8 3.9 0% Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 22 Oct 21
Bond Funds to Invest for > 1 year
Fund NAV Net Assets (Cr) 3 MO (%) 6 MO (%) 1 YR (%) 3 YR (%) 2020 (%) Debt Yield (YTM) Mod. Duration Eff. Maturity PGIM India Short Maturity Fund Growth ₹36.2977
↓ 0.00 ₹37 0.9 2.3 3.5 3.8 7.8 4.71% 1Y 9M 4D 2Y 1M 6D Nippon India Strategic Debt Fund Growth ₹12.4544
↓ 0.00 ₹270 1 16.1 19.2 -4.3 -23.5 4.99% 2Y 3M 7D 2Y 9M 4D UTI Short Term Income Fund Growth ₹25.2727
↓ 0.00 ₹3,732 5.9 7.3 9.2 5.2 10.5 4.87% 1Y 3M 14D 2Y 7M 13D Aditya Birla Sun Life Medium Term Plan Growth ₹25.0461
↑ 0.00 ₹1,627 1.4 3.2 7 3.9 8.1 0% Axis Strategic Bond Fund Growth ₹21.9422
↑ 0.01 ₹1,756 1.6 3.3 6.4 8.1 10.5 6.35% 2Y 9M 11D 4Y 6M 4D Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 22 Oct 21
Bond Funds to Invest for > 3 years
Fund NAV Net Assets (Cr) 3 MO (%) 6 MO (%) 1 YR (%) 3 YR (%) 2020 (%) Debt Yield (YTM) Mod. Duration Eff. Maturity UTI Bond Fund Growth ₹55.453
↓ -0.02 ₹294 8.7 9.5 10.4 2 1.1 4.59% 2Y 10M 2D 5Y 8M 19D ICICI Prudential Gilt Fund Growth ₹80.505
↑ 0.01 ₹3,243 2.5 3.4 4.9 9.7 12.6 0% SBI Magnum Income Fund Growth ₹56.5272
↑ 0.00 ₹1,719 1.3 2.6 4.6 9.7 11.6 6.11% 3Y 10M 10D 7Y 14D Aditya Birla Sun Life Government Securities Fund Growth ₹65.57
↓ -0.02 ₹971 1.9 3.1 4.2 10.2 12.1 0% SBI Magnum Gilt Fund Growth ₹51.6085
↑ 0.01 ₹3,689 1.2 2 3.7 10.2 11.7 5.14% 4Y 3M 8Y 11M 8D Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 22 Oct 21
Best 10-Year Govt. Bond Funds
Fund NAV Net Assets (Cr) 3 MO (%) 6 MO (%) 1 YR (%) 3 YR (%) 2020 (%) Debt Yield (YTM) Mod. Duration Eff. Maturity SBI Magnum Constant Maturity Fund Growth ₹50.8151
↓ -0.03 ₹817 1.7 2.9 3.1 10.2 11.6 6.19% 6Y 4M 17D 9Y 6M 22D ICICI Prudential Constant Maturity Gilt Fund Growth ₹19.5979
↓ -0.01 ₹382 1.5 3.1 3.6 11.4 13.6 0% IDFC Government Securities Fund - Constant Maturity Plan Growth ₹36.4867
↓ -0.03 ₹270 1.2 2.5 2.9 11.6 13.2 6.16% 6Y 7M 20D 8Y 11M 26D DSP BlackRock 10Y G-Sec Fund Growth ₹17.6305
↓ -0.02 ₹42 -0.1 -0.1 1.5 9.2 11.8 0% Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 22 Oct 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)
(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 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 (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 SBI Magnum Gilt Fund Short Term) To provide the investors with the returns generated through investments in government securities issued by the Central Govt. and State Govt. SBI Magnum Constant Maturity Fund is a Debt - 10 Yr Govt Bond fund was launched on 30 Dec 00. It is a fund with Moderately Low risk and has given a Below is the key information for SBI Magnum Constant Maturity Fund Returns up to 1 year are on The investment objective of the scheme is to generate steady and reasonable income, with low risk and high level of liquidity from a portfolio of money market securities and high quality debt. UTI Medium Term Fund is a Debt - Medium term Bond fund was launched on 31 Mar 15. It is a fund with Moderate risk and has given a Below is the key information for UTI Medium Term 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. Axis Strategic Bond Fund
CAGR/Annualized return of 8.6% since its launch. Ranked 7 in Medium term Bond category. Return for 2020 was 10.5% , 2019 was 7.1% and 2018 was 6.7% . Axis Strategic Bond Fund
Growth Launch Date 28 Mar 12 NAV (22 Oct 21) ₹21.9422 ↑ 0.01 (0.04 %) Net Assets (Cr) ₹1,756 on 15 Oct 21 Category Debt - Medium term Bond AMC Axis Asset Management Company Limited Rating ☆☆☆☆ Risk Moderate Expense Ratio 1.05 Sharpe Ratio 2.4 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 6.35% Effective Maturity 4 Years 6 Months 4 Days Modified Duration 2 Years 9 Months 11 Days Growth of 10,000 investment over the years.
Date Value 30 Sep 16 ₹10,000 30 Sep 17 ₹10,843 30 Sep 18 ₹11,363 30 Sep 19 ₹12,207 30 Sep 20 ₹13,418 30 Sep 21 ₹14,414 Returns for Axis Strategic Bond Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 22 Oct 21 Duration Returns 1 Month 0.2% 3 Month 1.6% 6 Month 3.3% 1 Year 6.4% 3 Year 8.1% 5 Year 7.5% 10 Year 15 Year Since launch 8.6% Historical performance (Yearly) on absolute basis
Year Returns 2020 10.5% 2019 7.1% 2018 6.7% 2017 7.5% 2016 11.6% 2015 6.8% 2014 15% 2013 4.7% 2012 2011 Fund Manager information for Axis Strategic Bond Fund
Name Since Tenure Devang Shah 5 Nov 12 8.82 Yr. Data below for Axis Strategic Bond Fund as on 15 Oct 21
Asset Allocation
Asset Class Value Cash 6.26% Debt 93.74% Debt Sector Allocation
Sector Value Corporate 52.11% Government 38.44% Cash Equivalent 6.26% Securitized 3.19% Credit Quality
Rating Value A 6.36% AA 38.94% AAA 54.7% Top Securities Holdings / Portfolio
Name Holding Value Quantity 7.17% Govt Stock 2028
Sovereign Bonds | -6% ₹106 Cr 10,000,000
↓ -500,000 GOVT STOCK
Sovereign Bonds | -4% ₹71 Cr 7,000,000
↓ -2,500,000 6.67% Govt Stock 2035
Sovereign Bonds | -3% ₹55 Cr 5,500,000
↑ 5,500,000 Godrej Properties Limited
Debentures | -3% ₹52 Cr 500 5.63% Govt Stock 2026
Sovereign Bonds | -3% ₹50 Cr 5,000,000
↓ -1,500,000 6.10% Govt Stock 2031
Sovereign Bonds | -3% ₹50 Cr 5,000,000
↑ 2,000,000 DLF Limited
Debentures | -2% ₹35 Cr 350 6.64% Govt Stock 2035
Sovereign Bonds | -2% ₹35 Cr 3,500,000
↑ 500,000 G R Infraprojects Limited
Debentures | -2% ₹30 Cr 300 Bharti Hexacom Limited
Debentures | -2% ₹30 Cr 300 2. ICICI Prudential Medium Term Bond Fund
CAGR/Annualized return of 7.6% 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% . ICICI Prudential Medium Term Bond Fund
Growth Launch Date 15 Sep 04 NAV (22 Oct 21) ₹35.2502 ↑ 0.00 (0.01 %) Net Assets (Cr) ₹7,067 on 30 Sep 21 Category Debt - Medium term Bond AMC ICICI Prudential Asset Management Company Limited Rating ☆☆ Risk Moderate Expense Ratio 1.61 Sharpe Ratio 2.49 Information Ratio -0.84 Alpha Ratio 2.11 Min Investment 5,000 Min SIP Investment 1,000 Exit Load 0-1 Years (1%),1 Years and above(NIL) Yield to Maturity 6.23% Effective Maturity 3 Years 8 Months 12 Days Modified Duration 2 Years 6 Months 11 Days Growth of 10,000 investment over the years.
Date Value 30 Sep 16 ₹10,000 30 Sep 17 ₹10,817 30 Sep 18 ₹11,197 30 Sep 19 ₹12,104 30 Sep 20 ₹13,388 30 Sep 21 ₹14,407 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 Oct 21 Duration Returns 1 Month 0% 3 Month 1.5% 6 Month 3.3% 1 Year 6.4% 3 Year 8.7% 5 Year 7.5% 10 Year 15 Year Since launch 7.6% Historical performance (Yearly) on absolute basis
Year Returns 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
Name Since Tenure Manish Banthia 7 Nov 16 4.82 Yr. Shadab Rizvi 3 Jun 17 4.25 Yr. Data below for ICICI Prudential Medium Term Bond Fund as on 30 Sep 21
Asset Allocation
Asset Class Value Cash 10.97% Debt 89.03% Debt Sector Allocation
Sector Value Corporate 71.22% Government 17.81% Cash Equivalent 10.97% Credit Quality
Rating Value AA 66.51% AAA 33.49% Top Securities Holdings / Portfolio
Name Holding Value Quantity 6.64% Govt Stock 2035
Sovereign Bonds | -13% ₹881 Cr 88,354,700
↓ -7,500,000 Coastal Gujarat Power Limited
Debentures | -5% ₹324 Cr 3,000 Bangalore Airport Hotel Limited
Debentures | -4% ₹251 Cr 2,500 GMR Aero Technic Limited
Debentures | -2% ₹175 Cr 1,750 07.19 UP SDL 2031
Sovereign Bonds | -2% ₹174 Cr 17,000,000 Bharat Sanchar Nigam Limited
Debentures | -2% ₹164 Cr 1,650 The Great Eastern Shipping Company Limited
Debentures | -2% ₹154 Cr 1,500 Embassy Office Parks REIT
Debentures | -2% ₹152 Cr 1,500 ONGC Petro Additions Limited
Debentures | -2% ₹150 Cr 1,500 Tata Projects Limited
Debentures | -2% ₹128 Cr 1,250 3. HDFC Medium Term Debt Fund
CAGR/Annualized return of 7.9% since its launch. Ranked 22 in Medium term Bond category. Return for 2020 was 10% , 2019 was 9.1% and 2018 was 5.6% . HDFC Medium Term Debt Fund
Growth Launch Date 6 Feb 02 NAV (22 Oct 21) ₹45.0795 ↑ 0.00 (0.01 %) Net Assets (Cr) ₹4,058 on 30 Sep 21 Category Debt - Medium term Bond AMC HDFC Asset Management Company Limited Rating ☆☆☆ Risk Moderate Expense Ratio 1.31 Sharpe Ratio 2.01 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 6.22% Effective Maturity 3 Years 11 Months 5 Days Modified Duration 2 Years 11 Months 26 Days Growth of 10,000 investment over the years.
Date Value 30 Sep 16 ₹10,000 30 Sep 17 ₹10,707 30 Sep 18 ₹11,122 30 Sep 19 ₹12,161 30 Sep 20 ₹13,249 30 Sep 21 ₹14,274 Returns for HDFC Medium Term Debt Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 22 Oct 21 Duration Returns 1 Month 0% 3 Month 1.5% 6 Month 3.4% 1 Year 6.2% 3 Year 8.5% 5 Year 7.2% 10 Year 15 Year Since launch 7.9% Historical performance (Yearly) on absolute basis
Year Returns 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
Name Since Tenure Shobhit Mehrotra 1 Sep 07 14.01 Yr. Sankalp Baid 22 Jan 21 0.61 Yr. Data below for HDFC Medium Term Debt Fund as on 30 Sep 21
Asset Allocation
Asset Class Value Cash 8.23% Debt 91.77% Debt Sector Allocation
Sector Value Corporate 48.2% Government 44.39% Cash Equivalent 7.36% Securitized 0.05% Credit Quality
Rating Value A 0.68% AA 31.52% AAA 67.8% Top Securities Holdings / Portfolio
Name Holding Value Quantity 6.97% Govt Stock 2026
Sovereign Bonds | -6% ₹236 Cr 22,500,000
↑ 13,500,000 7.59% Govt Stock 2026
Sovereign Bonds | -4% ₹167 Cr 15,500,000
↓ -1,500,000 7.27% Govt Stock 2026
Sovereign Bonds | -4% ₹144 Cr 13,500,000
↑ 2,500,000 Green Infra Wind Energy Limited
Debentures | -3% ₹120 Cr 1,250 Sikka Ports & Terminals Limited
Debentures | -2% ₹97 Cr 950 BAJAJ HOUSING FINANCE LIMITED
Debentures | -2% ₹90 Cr 900
↑ 900 Tmf Holdings Limited
Debentures | -2% ₹86 Cr 850 Power Finance Corporation Ltd.
Debentures | -2% ₹77 Cr 750 National Bank For Agriculture And Rural Development
Debentures | -2% ₹75 Cr 750 Shriram - City Union Finance Limited
Debentures | -2% ₹71 Cr 7,000 4. SBI Magnum Constant Maturity Fund
CAGR/Annualized return of 8.1% since its launch. Ranked 1 in 10 Yr Govt Bond category. Return for 2020 was 11.6% , 2019 was 11.9% and 2018 was 9.9% . SBI Magnum Constant Maturity Fund
Growth Launch Date 30 Dec 00 NAV (22 Oct 21) ₹50.8151 ↓ -0.03 (-0.05 %) Net Assets (Cr) ₹817 on 30 Sep 21 Category Debt - 10 Yr Govt Bond AMC SBI Funds Management Private Limited Rating ☆☆☆☆ Risk Moderately Low Expense Ratio 0.63 Sharpe Ratio 0.41 Information Ratio 0 Alpha Ratio 0 Min Investment 5,000 Min SIP Investment 500 Exit Load NIL Yield to Maturity 6.19% Effective Maturity 9 Years 6 Months 22 Days Modified Duration 6 Years 4 Months 17 Days Growth of 10,000 investment over the years.
Date Value 30 Sep 16 ₹10,000 30 Sep 17 ₹10,960 30 Sep 18 ₹11,409 30 Sep 19 ₹13,366 30 Sep 20 ₹14,735 30 Sep 21 ₹15,473 Returns for SBI Magnum Constant Maturity Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 22 Oct 21 Duration Returns 1 Month -0.7% 3 Month 1.7% 6 Month 2.9% 1 Year 3.1% 3 Year 10.2% 5 Year 8.8% 10 Year 15 Year Since launch 8.1% Historical performance (Yearly) on absolute basis
Year Returns 2020 11.6% 2019 11.9% 2018 9.9% 2017 6.2% 2016 12.8% 2015 9.1% 2014 12.6% 2013 8.7% 2012 9.2% 2011 8.4% Fund Manager information for SBI Magnum Constant Maturity Fund
Name Since Tenure Dinesh Ahuja 25 Jan 20 1.6 Yr. Data below for SBI Magnum Constant Maturity Fund as on 30 Sep 21
Asset Allocation
Asset Class Value Cash 5.43% Debt 94.57% Debt Sector Allocation
Sector Value Government 94.57% Cash Equivalent 5.43% Credit Quality
Rating Value AAA 100% Top Securities Holdings / Portfolio
Name Holding Value Quantity 7.26% Govt Stock 2029
Sovereign Bonds | -55% ₹451 Cr 42,500,000 6.64% Govt Stock 2035
Sovereign Bonds | -21% ₹175 Cr 17,500,000
↑ 17,500,000 5.77% GOI 2030
Sovereign Bonds | -6% ₹48 Cr 5,000,000
↓ -5,000,000 6.10% Govt Stock 2031
Sovereign Bonds | -4% ₹30 Cr 3,000,000
↑ 3,000,000 6.76% Govt Stock 2061
Sovereign Bonds | -4% ₹29 Cr 3,000,000
↓ -5,000,000 GOI 02.01.2030 GOV
Sovereign Bonds | -2% ₹16 Cr 2,656,000 GOI 02.07.2030 GOV
Sovereign Bonds | -2% ₹15 Cr 2,656,000 6.45% Govt Stock 2029
Sovereign Bonds | -1% ₹5 Cr 500,000 Treps
CBLO/Reverse Repo | -14% ₹115 Cr Net Receivable / Payable
Net Current Assets | -9% -₹71 Cr 5. UTI Medium Term Fund
CAGR/Annualized return of 6.2% since its launch. Return for 2020 was 0% , 2019 was 6.1% and 2018 was 5.5% . UTI Medium Term Fund
Growth Launch Date 31 Mar 15 NAV (22 Oct 21) ₹14.8813 ↓ 0.00 (-0.01 %) Net Assets (Cr) ₹67 on 30 Sep 21 Category Debt - Medium term Bond AMC UTI Asset Management Company Ltd Rating Risk Moderate Expense Ratio 0 Sharpe Ratio 1.2 Information Ratio -1.44 Alpha Ratio 2.65 Min Investment 5,000 Min SIP Investment 500 Exit Load 0-365 Days (1%),365-548 Days (0.5%),548 Days and above(NIL) Yield to Maturity 6.17% Effective Maturity 4 Years 4 Months 17 Days Modified Duration 2 Years 11 Months 23 Days Growth of 10,000 investment over the years.
Date Value 30 Sep 16 ₹10,000 30 Sep 17 ₹10,845 30 Sep 18 ₹11,294 30 Sep 19 ₹12,061 30 Sep 20 ₹11,978 30 Sep 21 ₹12,922 Returns for UTI Medium Term Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 22 Oct 21 Duration Returns 1 Month 1.5% 3 Month 4.5% 6 Month 5.7% 1 Year 7% 3 Year 4.5% 5 Year 5.1% 10 Year 15 Year Since launch 6.2% Historical performance (Yearly) on absolute basis
Year Returns 2020 0% 2019 6.1% 2018 5.5% 2017 6.9% 2016 11% 2015 2014 2013 2012 2011 Fund Manager information for UTI Medium Term Fund
Name Since Tenure Amandeep Chopra 31 Mar 15 6.51 Yr. Ritesh Nambiar 1 Jul 15 6.26 Yr. Data below for UTI Medium Term Fund as on 30 Sep 21
Asset Allocation
Asset Class Value Cash 8.66% Debt 91.34% Debt Sector Allocation
Sector Value Corporate 50.08% Government 41.25% Cash Equivalent 8.66% Credit Quality
Rating Value A 8.09% AA 31.09% AAA 60.82% Top Securities Holdings / Portfolio
Name Holding Value Quantity 7.59% Govt Stock 2029
Sovereign Bonds | -12% ₹8 Cr 75,000,000 7.26% Govt Stock 2029
Sovereign Bonds | -8% ₹5 Cr 50,000,000 Reliance Industries Limited
Debentures | -8% ₹5 Cr 50 The Indian Hotels Company Limited
Debentures | -8% ₹5 Cr 50 Telesonic Networks Limited
Debentures | -7% ₹5 Cr 50 Amba River Coke Limited
Debentures | -7% ₹5 Cr 50 Dilip Buildcon Limited
Debentures | -7% ₹5 Cr 50 6.10% Govt Stock 2031
Sovereign Bonds | -7% ₹5 Cr 50,000,000 5.79% Govt Stock 2030
Sovereign Bonds | -7% ₹5 Cr 50,000,000 India Grid Trust
Debentures | -6% ₹4 Cr 40
↑ 40 6. Kotak Medium Term Fund
CAGR/Annualized return of 8.1% since its launch. Ranked 10 in Medium term Bond category. Return for 2020 was 8.5% , 2019 was 7% and 2018 was 5.4% . Kotak Medium Term Fund
Growth Launch Date 25 Mar 14 NAV (22 Oct 21) ₹18.0756 ↑ 0.01 (0.03 %) Net Assets (Cr) ₹3,023 on 30 Sep 21 Category Debt - Medium term Bond AMC Kotak Mahindra Asset Management Co Ltd Rating ☆☆☆ Risk Moderate Expense Ratio 1.56 Sharpe Ratio 1.57 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 6.16% Effective Maturity 5 Years 4 Months 13 Days Modified Duration 3 Years 3 Months 11 Days Growth of 10,000 investment over the years.
Date Value 30 Sep 16 ₹10,000 30 Sep 17 ₹10,760 30 Sep 18 ₹11,197 30 Sep 19 ₹11,951 30 Sep 20 ₹12,863 30 Sep 21 ₹13,843 Returns for Kotak Medium Term Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 22 Oct 21 Duration Returns 1 Month 0% 3 Month 1.8% 6 Month 3.6% 1 Year 6% 3 Year 7.2% 5 Year 6.6% 10 Year 15 Year Since launch 8.1% Historical performance (Yearly) on absolute basis
Year Returns 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
Name Since Tenure Deepak Agrawal 25 Mar 14 7.44 Yr. Data below for Kotak Medium Term Fund as on 30 Sep 21
Asset Allocation
Asset Class Value Cash 1.49% Equity 2.04% Debt 96.46% Debt Sector Allocation
Sector Value Government 69.65% Corporate 24.92% Securitized 1.89% Cash Equivalent 1.49% Credit Quality
Rating Value A 11.26% AA 15.27% AAA 73.47% Top Securities Holdings / Portfolio
Name Holding Value Quantity 5.63% Govt Stock 2026
Sovereign Bonds | -11% ₹325 Cr 32,500,000
↑ 32,500,000 8.03% U.P. SDL 2026
Sovereign Bonds | -5% ₹141 Cr 13,000,000 Punjab & Sind Bank
Debentures | -5% ₹138 Cr 1,372
↓ -01 GOVT STOCK
Sovereign Bonds | -5% ₹137 Cr 13,499,993 Power Finance Corporation Limited
Debentures | -4% ₹118 Cr 1,070 Sikka Ports & Terminals Limited
Debentures | -4% ₹102 Cr 1,000 7.33% Govt Stock 2031
Sovereign Bonds | -4% ₹101 Cr 10,000,000
↑ 10,000,000 National Bank For Agriculture and Rural Development
Debentures | -3% ₹93 Cr 850
↑ 850 Housing Development Finance Corporation Limited
Debentures | -3% ₹90 Cr 800 Muthoot Finance Limited
Debentures | -3% ₹88 Cr 869,800
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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