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 ₹428.858
↑ 0.04 ₹18,789 1.1 2.2 4.7 7.1 7 4.35% 6M 7D 6M 14D JM Liquid Fund Growth ₹56.4725
↑ 0.01 ₹1,352 0.8 1.6 3.2 5.2 4 3.41% 28D 30D PGIM India Insta Cash Fund Growth ₹269.093
↑ 0.03 ₹645 0.8 1.6 3.2 5.3 4.2 3.48% 1M 6D 1M 10D Principal Cash Management Fund Growth ₹1,825.15
↑ 0.16 ₹162 0.8 1.6 3.1 1.9 3.8 3.35% 22D 22D Indiabulls Liquid Fund Growth ₹2,008.79
↑ 0.17 ₹126 0.7 1.6 3.1 5.1 3.9 0% Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 28 Jul 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 ₹36.0145
↑ 0.00 ₹41 1.2 2 4.2 3.9 7.8 4.59% 1Y 4M 20D 1Y 7M 20D Nippon India Strategic Debt Fund Growth ₹12.3387
↑ 0.00 ₹252 14.8 16.1 17.8 -4.4 -23.5 4.53% 2Y 1M 10D 2Y 6M 29D Aditya Birla Sun Life Medium Term Plan Growth ₹24.7179
↑ 0.01 ₹1,716 1.6 4.4 9.7 3.5 8.1 7.02% 2Y 10M 10D 3Y 10M 2D Axis Strategic Bond Fund Growth ₹21.6115
↑ 0.01 ₹1,519 1.5 2.8 7.1 8 10.5 6.54% 2Y 9M 7D 4Y 9M 14D Aditya Birla Sun Life Short Term Opportunities Fund Growth ₹37.2926
↑ 0.00 ₹7,725 1.4 2.3 6.3 8.5 11.1 5.15% 1Y 7M 17D 2Y 3M Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 28 Jul 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 SBI Magnum Income Fund Growth ₹55.9292
↑ 0.00 ₹1,743 1.5 2.1 5.5 9.5 11.6 5.36% 1Y 9M 14D 3Y 5M 26D Aditya Birla Sun Life Government Securities Fund Growth ₹64.4252
↓ -0.02 ₹881 1.2 1.3 3.4 9.9 12.1 6.28% 4Y 2M 12D 5Y 2M 5D SBI Magnum Gilt Fund Growth ₹51.0509
↑ 0.00 ₹3,711 0.7 1.3 3.3 10.1 11.7 4.5% 1Y 11M 12D 4Y ICICI Prudential Gilt Fund Growth ₹78.741
↓ 0.00 ₹3,739 0.9 1 3.1 9.4 12.6 6.08% 5Y 1M 17D 14Y 3M 7D Canara Robeco Gilt Fund Growth ₹60.5843
↓ 0.00 ₹93 0.7 0.5 2.1 8.1 10.3 4.71% 2Y 4M 19D 3Y 2M 28D Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 28 Jul 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 ₹50.0211
↑ 0.05 ₹816 1 0.3 2.7 9.9 11.6 6.38% 6Y 7M 2D 9Y 6M 25D ICICI Prudential Constant Maturity Gilt Fund Growth ₹19.2806
↓ -0.01 ₹325 1.1 0.7 3.5 11.2 13.6 6.46% 6Y 8M 19D 9Y 4M 17D IDFC Government Securities Fund - Constant Maturity Plan Growth ₹36.0067
↓ -0.03 ₹312 0.9 0.2 2.4 11.9 13.2 6.43% 6Y 1M 28D 8Y 7M 10D DSP BlackRock 10Y G-Sec Fund Growth ₹17.606
↓ -0.01 ₹45 -0.2 0 2 9.5 11.8 5.89% 6Y 8M 16D 8Y 10M 20D Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 28 Jul 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)
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 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 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 The Scheme aims to provide reasonable returns by investing in portfolio of Government Securities with average maturity of around 10 years. However, there can be no assurance that the investment objective of the
Scheme will be realized. ICICI Prudential Constant Maturity Gilt Fund is a Debt - 10 Yr Govt Bond fund was launched on 12 Sep 14. It is a fund with Moderate risk and has given a Below is the key information for ICICI Prudential Constant Maturity Gilt Fund Returns up to 1 year are on 1. Aditya Birla Sun Life Medium Term Plan
CAGR/Annualized return of 7.6% since its launch. Ranked 6 in Medium term Bond category. Return for 2020 was 8.1% , 2019 was -4.4% and 2018 was 5.6% . Aditya Birla Sun Life Medium Term Plan
Growth Launch Date 25 Mar 09 NAV (28 Jul 21) ₹24.7179 ↑ 0.01 (0.06 %) Net Assets (Cr) ₹1,716 on 30 Jun 21 Category Debt - Medium term Bond AMC Birla Sun Life Asset Management Co Ltd Rating ☆☆☆☆ Risk Moderate Expense Ratio 1.6 Sharpe Ratio 1.65 Information Ratio -0.93 Alpha Ratio 9.49 Min Investment 1,000 Min SIP Investment 1,000 Exit Load 0-365 Days (1%),365 Days and above(NIL) Yield to Maturity 7.02% Effective Maturity 3 Years 10 Months 2 Days Modified Duration 2 Years 10 Months 10 Days Growth of 10,000 investment over the years.
Date Value 30 Jun 16 ₹10,000 30 Jun 17 ₹11,015 30 Jun 18 ₹11,577 30 Jun 19 ₹12,022 30 Jun 20 ₹11,217 30 Jun 21 ₹12,844 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 28 Jul 21 Duration Returns 1 Month 0.6% 3 Month 1.6% 6 Month 4.4% 1 Year 9.7% 3 Year 3.5% 5 Year 5% 10 Year 15 Year Since launch 7.6% Historical performance (Yearly) on absolute basis
Year Returns 2020 8.1% 2019 -4.4% 2018 5.6% 2017 7% 2016 10.9% 2015 9.5% 2014 12% 2013 10.2% 2012 11.1% 2011 9.4% Fund Manager information for Aditya Birla Sun Life Medium Term Plan
Name Since Tenure Sunaina Cunha 1 Apr 17 4.25 Yr. Mohit Sharma 6 Aug 20 0.9 Yr. Data below for Aditya Birla Sun Life Medium Term Plan as on 30 Jun 21
Asset Allocation
Asset Class Value Cash 7.94% Equity 1.89% Debt 90.17% Debt Sector Allocation
Sector Value Corporate 69.2% Government 20.97% Cash Equivalent 7.94% Credit Quality
Rating Value A 7.75% AA 43% AAA 36.77% Below B 12.48% Top Securities Holdings / Portfolio
Name Holding Value Quantity 8.05% TN SDL 2028 April
Sovereign Bonds | -6% ₹107 Cr 10,000,000
↑ 10,000,000 Shriram - City Union Finance Limited
Debentures | -6% ₹102 Cr 1,000
↑ 1,000 U.P. Power Corporation Limited
Debentures | -6% ₹95 Cr 938
↑ 938 U.P. Power Corporation Limited
Debentures | -4% ₹63 Cr 618
↑ 618 LIC Housing Finance Limited
Debentures | -3% ₹54 Cr 550
↑ 550 Embassy Office Parks REIT
Debentures | -3% ₹50 Cr 500
↑ 500 Mahindra Rural Housing Finance Limited
Debentures | -3% ₹49 Cr 500
↑ 500 8.15% Govt Stock 2026
Sovereign Bonds | -3% ₹49 Cr 4,500,000
↑ 4,500,000 JM Financial Credit Solutions Limited
Debentures | -3% ₹44 Cr 440
↑ 440 L&T Infrastructure Finance Company Limited
Debentures | -2% ₹42 Cr 400
↑ 400 2. ICICI Prudential Medium Term Bond Fund
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% . ICICI Prudential Medium Term Bond Fund
Growth Launch Date 15 Sep 04 NAV (28 Jul 21) ₹34.7561 ↓ -0.01 (-0.02 %) Net Assets (Cr) ₹6,801 on 30 Jun 21 Category Debt - Medium term Bond AMC ICICI Prudential Asset Management Company Limited Rating ☆☆ Risk Moderate Expense Ratio 1.56 Sharpe Ratio 2.3 Information Ratio -0.7 Alpha Ratio 3.63 Min Investment 5,000 Min SIP Investment 1,000 Exit Load 0-1 Years (1%),1 Years and above(NIL) Yield to Maturity 6.97% Effective Maturity 4 Years 6 Months 7 Days Modified Duration 3 Years 1 Month 24 Days Growth of 10,000 investment over the years.
Date Value 30 Jun 16 ₹10,000 30 Jun 17 ₹11,020 30 Jun 18 ₹11,480 30 Jun 19 ₹12,254 30 Jun 20 ₹13,476 30 Jun 21 ₹14,682 Returns for ICICI Prudential Medium Term Bond Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 28 Jul 21 Duration Returns 1 Month 0.5% 3 Month 1.6% 6 Month 3.2% 1 Year 7.8% 3 Year 8.5% 5 Year 7.8% 10 Year 15 Year Since launch 7.7% 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 4.65 Yr. Shadab Rizvi 3 Jun 17 4.08 Yr. Data below for ICICI Prudential Medium Term Bond Fund as on 30 Jun 21
Asset Allocation
Asset Class Value Cash 9.14% Debt 90.86% Debt Sector Allocation
Sector Value Corporate 71.47% Government 19.4% Cash Equivalent 9.14% Credit Quality
Rating Value AA 66.5% AAA 33.5% Top Securities Holdings / Portfolio
Name Holding Value Quantity 6.64% Govt Stock 2035
Sovereign Bonds | -15% ₹1,002 Cr 100,854,700
↑ 100,854,700 Coastal Gujarat Power Limited
Debentures | -5% ₹323 Cr 3,000
↑ 3,000 Bangalore Airport Hotel Limited
Debentures | -4% ₹250 Cr 2,500 GMR Aero Technic Limited
Debentures | -3% ₹175 Cr 1,750
↑ 1,750 07.19 UP SDL 2031
Sovereign Bonds | -3% ₹173 Cr 17,000,000
↑ 17,000,000 Bharat Sanchar Nigam Limited
Debentures | -2% ₹164 Cr 1,650
↑ 1,650 The Great Eastern Shipping Company Limited
Debentures | -2% ₹152 Cr 1,500
↑ 1,500 Embassy Office Parks REIT
Debentures | -2% ₹150 Cr 1,500
↑ 1,500 Tata Projects Limited
Debentures | -2% ₹129 Cr 1,250
↑ 1,250 TMF Holdings Limited
Debentures | -2% ₹124 Cr 1,000
↑ 1,000 3. 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 (28 Jul 21) ₹17.7828 ↑ 0.01 (0.04 %) Net Assets (Cr) ₹2,069 on 30 Jun 21 Category Debt - Medium term Bond AMC Kotak Mahindra Asset Management Co Ltd Rating ☆☆☆ Risk Moderate Expense Ratio 1.58 Sharpe Ratio 1.33 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 6.69% Effective Maturity 5 Years 4 Days Modified Duration 2 Years 11 Months 16 Days Growth of 10,000 investment over the years.
Date Value 30 Jun 16 ₹10,000 30 Jun 17 ₹11,030 30 Jun 18 ₹11,537 30 Jun 19 ₹12,167 30 Jun 20 ₹13,164 30 Jun 21 ₹14,112 Returns for Kotak Medium Term Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 28 Jul 21 Duration Returns 1 Month 0.6% 3 Month 1.8% 6 Month 2.3% 1 Year 7% 3 Year 6.9% 5 Year 6.9% 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 7.27 Yr. Data below for Kotak Medium Term Fund as on 30 Jun 21
Asset Allocation
Asset Class Value Cash 9.75% Equity 1.44% Debt 88.81% Debt Sector Allocation
Sector Value Corporate 45.32% Government 43.49% Cash Equivalent 9.75% Credit Quality
Rating Value A 10.35% AA 24.69% AAA 64.96% Top Securities Holdings / Portfolio
Name Holding Value Quantity Punjab & Sind Bank
Debentures | -7% ₹140 Cr 1,409
↑ 1,409 Coastal Gujarat Power Limited
Debentures | -7% ₹140 Cr 1,250
↑ 1,250 Power Finance Corporation Limited
Debentures | -6% ₹117 Cr 1,070
↑ 1,070 GOVT STOCK
Sovereign Bonds | -6% ₹117 Cr 11,666,660
↑ 11,666,660 Housing Development Finance Corporation Limited
Debentures | -4% ₹89 Cr 800
↑ 800 Muthoot Finance Limited
Debentures | -4% ₹88 Cr 869,800 Housing Development Finance Corporation Limited
Debentures | -4% ₹79 Cr 750
↑ 750 06.69 MP SDL 2025
Sovereign Bonds | -4% ₹77 Cr 7,500,000
↑ 7,500,000 91 DTB 15072021
Sovereign Bonds | -4% ₹75 Cr 7,500,000
↑ 7,500,000 Punjab National Bank
Debentures | -3% ₹70 Cr 695
↑ 695 4. 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 (28 Jul 21) ₹21.6115 ↑ 0.01 (0.02 %) Net Assets (Cr) ₹1,519 on 30 Jun 21 Category Debt - Medium term Bond AMC Axis Asset Management Company Limited Rating ☆☆☆☆ Risk Moderate Expense Ratio 1.04 Sharpe Ratio 2.01 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 6.54% Effective Maturity 4 Years 9 Months 14 Days Modified Duration 2 Years 9 Months 7 Days Growth of 10,000 investment over the years.
Date Value 30 Jun 16 ₹10,000 30 Jun 17 ₹11,113 30 Jun 18 ₹11,718 30 Jun 19 ₹12,450 30 Jun 20 ₹13,732 30 Jun 21 ₹14,791 Returns for Axis Strategic Bond Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 28 Jul 21 Duration Returns 1 Month 0.6% 3 Month 1.5% 6 Month 2.8% 1 Year 7.1% 3 Year 8% 5 Year 7.9% 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 8.65 Yr. Data below for Axis Strategic Bond Fund as on 30 Jun 21
Asset Allocation
Asset Class Value Cash 8.82% Debt 91.18% Debt Sector Allocation
Sector Value Corporate 49.21% Government 38.2% Cash Equivalent 8.82% Securitized 3.77% Credit Quality
Rating Value A 7.17% AA 37.46% AAA 55.37% Top Securities Holdings / Portfolio
Name Holding Value Quantity 6.64% Govt Stock 2035
Sovereign Bonds | -6% ₹84 Cr 8,500,000
↑ 3,000,000 GOVT STOCK
Sovereign Bonds | -5% ₹70 Cr 7,000,000
↑ 2,500,000 7.17% Govt Stock 2028
Sovereign Bonds | -4% ₹68 Cr 6,500,000 National Bank For Agriculture And Rural Development
Debentures | -4% ₹65 Cr 650
↑ 400 State Bank Of India
Debentures | -3% ₹49 Cr 500 DLF Limited
Debentures | -2% ₹35 Cr 350 G R Infraprojects Limited
Debentures | -2% ₹30 Cr 300 Indostar Capital Finance Limited
Debentures | -2% ₹30 Cr 300 Bharti Hexacom Limited
Debentures | -2% ₹30 Cr 300 India Grid Trust
Debentures | -2% ₹29 Cr 280 5. HDFC Medium Term Debt Fund
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% . HDFC Medium Term Debt Fund
Growth Launch Date 6 Feb 02 NAV (28 Jul 21) ₹44.436 ↑ 0.01 (0.02 %) Net Assets (Cr) ₹3,488 on 30 Jun 21 Category Debt - Medium term Bond AMC HDFC Asset Management Company Limited Rating ☆☆☆ Risk Moderate Expense Ratio 1.29 Sharpe Ratio 1.86 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 6.52% Effective Maturity 3 Years 11 Months 16 Days Modified Duration 2 Years 11 Months 19 Days Growth of 10,000 investment over the years.
Date Value 30 Jun 16 ₹10,000 30 Jun 17 ₹10,994 30 Jun 18 ₹11,451 30 Jun 19 ₹12,405 30 Jun 20 ₹13,489 30 Jun 21 ₹14,574 Returns for HDFC Medium Term Debt Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 28 Jul 21 Duration Returns 1 Month 0.6% 3 Month 1.8% 6 Month 2.7% 1 Year 7.3% 3 Year 8.3% 5 Year 7.6% 10 Year 15 Year Since launch 8% 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 13.84 Yr. Sankalp Baid 22 Jan 21 0.44 Yr. Data below for HDFC Medium Term Debt Fund as on 30 Jun 21
Asset Allocation
Asset Class Value Cash 8.98% Debt 91.02% Debt Sector Allocation
Sector Value Corporate 51.45% Government 40.54% Cash Equivalent 8.01% Credit Quality
Rating Value A 0.77% AA 35.28% AAA 63.95% Top Securities Holdings / Portfolio
Name Holding Value Quantity 7.59% Govt Stock 2026
Sovereign Bonds | -4% ₹139 Cr 13,000,000
↑ 13,000,000 Green Infra Wind Energy Limited
Debentures | -3% ₹122 Cr 1,250
↑ 1,250 Sikka Ports & Terminals Limited
Debentures | -3% ₹96 Cr 950
↑ 950 7.27% Govt Stock 2026
Sovereign Bonds | -3% ₹90 Cr 8,500,000
↑ 8,500,000 6.18% Govt Stock 2024
Sovereign Bonds | -3% ₹87 Cr 8,500,000
↑ 8,500,000 Tmf Holdings Limited
Debentures | -2% ₹84 Cr 850
↑ 850 Power Finance Corporation Ltd.
Debentures | -2% ₹76 Cr 750
↑ 750 Shriram - City Union Finance Limited
Debentures | -2% ₹71 Cr 7,000
↑ 7,000 INOX Wind Limited
Debentures | -2% ₹64 Cr 640
↑ 640 Muthoot Finance Limited
Debentures | -2% ₹61 Cr 600
↑ 600 6. ICICI Prudential Constant Maturity Gilt Fund
CAGR/Annualized return of 10% since its launch. Ranked 6 in 10 Yr Govt Bond category. Return for 2020 was 13.6% , 2019 was 12.8% and 2018 was 9.7% . ICICI Prudential Constant Maturity Gilt Fund
Growth Launch Date 12 Sep 14 NAV (28 Jul 21) ₹19.2806 ↓ -0.01 (-0.06 %) Net Assets (Cr) ₹325 on 30 Jun 21 Category Debt - 10 Yr Govt Bond AMC ICICI Prudential Asset Management Company Limited Rating ☆☆☆ Risk Moderate Expense Ratio 0.33 Sharpe Ratio 0.17 Information Ratio 0 Alpha Ratio 0 Min Investment 5,000 Min SIP Investment 1,000 Exit Load 0-7 Days (0.25%),7 Days and above(NIL) Yield to Maturity 6.46% Effective Maturity 9 Years 4 Months 17 Days Modified Duration 6 Years 8 Months 19 Days Growth of 10,000 investment over the years.
Date Value 30 Jun 16 ₹10,000 30 Jun 17 ₹11,234 30 Jun 18 ₹11,355 30 Jun 19 ₹13,119 30 Jun 20 ₹15,157 30 Jun 21 ₹15,805 Returns for ICICI Prudential Constant Maturity Gilt Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 28 Jul 21 Duration Returns 1 Month 0.4% 3 Month 1.1% 6 Month 0.7% 1 Year 3.5% 3 Year 11.2% 5 Year 9% 10 Year 15 Year Since launch 10% Historical performance (Yearly) on absolute basis
Year Returns 2020 13.6% 2019 12.8% 2018 9.7% 2017 2.4% 2016 16.2% 2015 6.9% 2014 2013 2012 2011 Fund Manager information for ICICI Prudential Constant Maturity Gilt Fund
Name Since Tenure Rahul Goswami 12 Sep 14 6.81 Yr. Anuj Tagra 29 Dec 20 0.5 Yr. Data below for ICICI Prudential Constant Maturity Gilt Fund as on 30 Jun 21
Asset Allocation
Asset Class Value Cash 2.34% Debt 97.66% Debt Sector Allocation
Sector Value Government 97.66% Cash Equivalent 2.34% Credit Quality
Rating Value AAA 100% Top Securities Holdings / Portfolio
Name Holding Value Quantity 6.68% Govt Stock 2031
Sovereign Bonds | -36% ₹115 Cr 11,400,000
↑ 11,400,000 6.79% Govt Stock 2029
Sovereign Bonds | -30% ₹96 Cr 9,400,000
↑ 9,400,000 7.59% Govt Stock 2029
Sovereign Bonds | -16% ₹53 Cr 5,000,000
↑ 5,000,000 6.64% Govt Stock 2035
Sovereign Bonds | -10% ₹32 Cr 3,186,800
↑ 3,186,800 7.26% Govt Stock 2029
Sovereign Bonds | -5% ₹16 Cr 1,500,000
↑ 1,500,000 6.45% Govt Stock 2029
Sovereign Bonds | -2% ₹5 Cr 500,000
↑ 500,000 Net Current Assets
Net Current Assets | -1% ₹4 Cr Treps
CBLO/Reverse Repo | -1% ₹4 Cr
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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