Table of Contents
Top 5 Best Long Term Bond Funds 2019
Looking for the best long term bond funds? These are funds for investors who are looking for mid to long term Investment plan, typically for 3-5 years. Long term bond funds mainly invest in G-secs and corporate Bonds that have medium to long maturity period.
These funds are sensitive to interest rate changes and can be more volatile compared to other debt categories.
Interest Rates & Price in Long Term Bonds
Interest rates & prices of the debt securities have an inverse relationship, that means they move in opposite directions. For example, a falling interest rate is good for bond funds. During the interest rate falls, the bond prices go up and this boost NAVs of the Debt fund schemes.
As a decrease in the interest rates causes a rise in the price of long-term securities, it is advisable to invest in long term debt funds when the interest rates are expected to ease down. Investors who want to invest for a longer duration (i.e., 3 years & above), and can take some level of risk, should ideally invest in this scheme.
Moreover, investors who are comfortable with fluctuating interest rates in the market can go ahead with these investments. Here are the top 10 best long term bond funds for 2019.
Talk to our investment specialist
Top 5 Best Long Term Bond Funds 2019
Fund NAV Net Assets (Cr) Min Investment Min SIP Investment 3 MO (%) 6 MO (%) 1 YR (%) 3 YR (%) 2018 (%) Debt Yield (YTM) Mod. Duration Eff. Maturity ICICI Prudential Long Term Bond Fund Growth ₹64.0237
↑ 0.12 ₹802 5,000 1,000 1 8.1 13.9 7.3 6.8 7.62% 7Y 1M 6D 11Y 4M 17D Reliance Income Fund Growth ₹64.1115
↑ 0.05 ₹264 5,000 100 1.5 7.9 13.7 6.3 6.1 6.72% 5Y 8M 16D 8Y 2M 23D Kotak Bond Fund Growth ₹54.0439
↑ 0.03 ₹1,880 5,000 1,000 1.3 6 11.6 4.9 5.2 7.42% 5Y 7M 6D 9Y 14D IDFC Bond Fund Long Term Plan Growth ₹47.8784
↑ 0.03 ₹669 5,000 1,000 1.5 7.5 12.5 6.6 6.6 6.8% 5Y 4M 2D 7Y 2M 23D HDFC Income Fund Growth ₹42.5271
↑ 0.04 ₹604 5,000 500 1.8 5.5 9.7 3.9 3.6 7.76% 4Y 10M 5D 6Y 11M 24D Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 15 Nov 19
(Erstwhile ICICI Prudential Income Plan) To generate income through investments in a range of debt and money market instruments of various maturities with a view to maximising income while maintaining the optimum balance of yield, safety and liquidity. ICICI Prudential Long Term Bond Fund is a Debt - Longterm Bond fund was launched on 9 Jul 98. It is a fund with Moderate risk and has given a Below is the key information for ICICI Prudential Long Term Bond Fund Returns up to 1 year are on The primary investment objective of the scheme is to generate optimal returns consistent with moderate levels of risk. This income may be complemented by capital appreciation of the portfolio. Accordingly, investments shall predominantly be made in Debt & Money Market Instruments. Reliance Income Fund is a Debt - Medium to Long term fund was launched on 1 Jan 98. It is a fund with Moderate risk and has given a Below is the key information for Reliance Income Fund Returns up to 1 year are on (Erstwhile Kotak Bond Regular Plan Growth) To create a portfolio of debt and money market instruments of different maturities
so as to spread the risk across a wide maturity horizon & different kinds of issuers in the debt market. However, there is no assurance that the objective of the scheme will be realized Kotak Bond Fund is a Debt - Medium to Long term fund was launched on 25 Nov 99. It is a fund with Moderate risk and has given a Below is the key information for Kotak Bond Fund Returns up to 1 year are on (Erstwhile IDFC Super Saver Income Fund - Investment Plan) The primary investment objective of the scheme is to seek to generate stable returns with a low-risk strategy by creating a portfolio that is invested in good quality fixed income & Money Market securities. However, there can be no assurance that the investment objectives of the scheme will be realized. IDFC Bond Fund Long Term Plan is a Debt - Longterm Bond fund was launched on 14 Jul 00. It is a fund with Moderate risk and has given a Below is the key information for IDFC Bond Fund Long Term Plan Returns up to 1 year are on Aims to optimise returns while maintaining a balance of safety, yield and liquidity. HDFC Income Fund is a Debt - Medium to Long term fund was launched on 11 Sep 00. It is a fund with Moderate risk and has given a Below is the key information for HDFC Income Fund Returns up to 1 year are on 1. ICICI Prudential Long Term Bond Fund
CAGR/Annualized return of 9.1% since its launch. Ranked 12 in Longterm Bond category. Return for 2018 was 6.8% , 2017 was 4.1% and 2016 was 15.7% . ICICI Prudential Long Term Bond Fund
Growth Launch Date 9 Jul 98 NAV (15 Nov 19) ₹64.0237 ↑ 0.12 (0.19 %) Net Assets (Cr) ₹802 on 30 Sep 19 Category Debt - Longterm Bond AMC ICICI Prudential Asset Management Company Limited Rating ☆☆☆☆ Risk Moderate Expense Ratio 1.76 Sharpe Ratio 2.19 Information Ratio 0 Alpha Ratio 0 Min Investment 5,000 Min SIP Investment 1,000 Exit Load NIL Yield to Maturity 7.62% Effective Maturity 11 Years 4 Months 17 Days Modified Duration 7 Years 1 Month 6 Days Growth of 10,000 investment over the years.
Date Value 31 Oct 14 ₹10,000 31 Oct 15 ₹11,055 31 Oct 16 ₹12,404 31 Oct 17 ₹13,292 31 Oct 18 ₹13,543 31 Oct 19 ₹15,569 Returns for ICICI Prudential Long Term Bond Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 15 Nov 19 Duration Returns 1 Month 0.9% 3 Month 1% 6 Month 8.1% 1 Year 13.9% 3 Year 7.3% 5 Year 9.2% 10 Year 15 Year Since launch 9.1% Historical performance (Yearly) on absolute basis
Year Returns 2018 6.8% 2017 4.1% 2016 15.7% 2015 5.1% 2014 16.9% 2013 0.9% 2012 10.2% 2011 7% 2010 3% 2009 1.1% Fund Manager information for ICICI Prudential Long Term Bond Fund
Name Since Tenure Manish Banthia 19 Sep 13 6.12 Yr. Data below for ICICI Prudential Long Term Bond Fund as on 30 Sep 19
Asset Allocation
Asset Class Value Cash 3.3% Debt 96.7% Debt Sector Allocation
Sector Value Government 78.8% Corporate 17.41% Cash Equivalent 3.79% Credit Quality
Rating Value AA 7.06% AAA 92.94% Top Securities Holdings / Portfolio
Name Holding Value Quantity GOVT STOCK
Sovereign Bonds | -37% ₹297 Cr 28,300,000
↑ 9,300,000 NATIONAL BANK FOR AGRICULTURE AND RURAL DEVELOPMENT
Debentures | -9% ₹75 Cr 700 Housing And Urban Development Corporation Ltd.
Debentures | -9% ₹69 Cr 650 7.61% Govt Stock 2030
Sovereign Bonds | -7% ₹58 Cr 5,500,000 7.40% Govt Stock 2035
Sovereign Bonds | -7% ₹57 Cr 5,500,000 The Great Eastern Shipping Company Limited
Debentures | -7% ₹54 Cr 586 National Highways Authority Of India
Debentures | -6% ₹52 Cr 500 Rural Electrification Corporation Limited
Debentures | -6% ₹50 Cr 500 Reliance Utilities And Power Private Limited
Debentures | -4% ₹36 Cr 348 7.26% Govt Stock 2029
Sovereign Bonds | -3% ₹23 Cr 2,200,000
↓ -6,800,000 2. Reliance Income Fund
CAGR/Annualized return of 8.9% since its launch. Ranked 28 in Medium to Long term category. Return for 2018 was 6.1% , 2017 was 2.4% and 2016 was 13.8% . Reliance Income Fund
Growth Launch Date 1 Jan 98 NAV (15 Nov 19) ₹64.1115 ↑ 0.05 (0.08 %) Net Assets (Cr) ₹264 on 30 Sep 19 Category Debt - Medium to Long term AMC Reliance Nippon Life Asset Management Ltd. Rating ☆☆ Risk Moderate Expense Ratio 2.18 Sharpe Ratio 2.46 Information Ratio 0 Alpha Ratio 0 Min Investment 5,000 Min SIP Investment 100 Exit Load 0-15 Days (0.25%),15 Days and above(NIL) Yield to Maturity 6.72% Effective Maturity 8 Years 2 Months 23 Days Modified Duration 5 Years 8 Months 16 Days Growth of 10,000 investment over the years.
Date Value 31 Oct 14 ₹10,000 31 Oct 15 ₹10,991 31 Oct 16 ₹12,246 31 Oct 17 ₹12,911 31 Oct 18 ₹13,087 31 Oct 19 ₹14,989 Returns for Reliance Income Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 15 Nov 19 Duration Returns 1 Month 0.4% 3 Month 1.5% 6 Month 7.9% 1 Year 13.7% 3 Year 6.3% 5 Year 8.3% 10 Year 15 Year Since launch 8.9% Historical performance (Yearly) on absolute basis
Year Returns 2018 6.1% 2017 2.4% 2016 13.8% 2015 5.1% 2014 14.8% 2013 2.8% 2012 11.1% 2011 6.5% 2010 4.2% 2009 -0.6% Fund Manager information for Reliance Income Fund
Name Since Tenure Prashant Pimple 1 Dec 04 14.84 Yr. Kinjal Desai 25 May 18 1.35 Yr. Data below for Reliance Income Fund as on 30 Sep 19
Asset Allocation
Asset Class Value Cash 3.59% Debt 96.38% Other 0.03% Debt Sector Allocation
Sector Value Government 90.89% Cash Equivalent 9.04% Credit Quality
Rating Value AAA 100% Top Securities Holdings / Portfolio
Name Holding Value Quantity GOVT STOCK
Sovereign Bonds | -30% ₹79 Cr 7,500,000
↑ 4,500,000 GOVT STOCK
Sovereign Bonds | -29% ₹78 Cr 7,500,000
↓ -2,500,000 GOVT STOCK
Sovereign Bonds | -27% ₹73 Cr 7,000,000
↑ 1,000,000 7.26% Govt Stock 2029
Sovereign Bonds | -10% ₹26 Cr 2,501,300
↓ -2,500,000 Triparty Repo
CBLO/Reverse Repo | -6% ₹15 Cr Net Current Assets
Net Current Assets | -2% -₹6 Cr Cash Margin - Ccil
Receivables | -0% ₹0 Cr 08.19% RJ SDL Spl 2026
Domestic Bonds | -0% ₹0 Cr 90 3. Kotak Bond Fund
CAGR/Annualized return of 8.8% since its launch. Ranked 32 in Medium to Long term category. Return for 2018 was 5.2% , 2017 was 0.9% and 2016 was 14.3% . Kotak Bond Fund
Growth Launch Date 25 Nov 99 NAV (15 Nov 19) ₹54.0439 ↑ 0.03 (0.05 %) Net Assets (Cr) ₹1,880 on 30 Sep 19 Category Debt - Medium to Long term AMC Kotak Mahindra Asset Management Co Ltd Rating ☆☆ Risk Moderate Expense Ratio 1.53 Sharpe Ratio 2.45 Information Ratio 0 Alpha Ratio 0 Min Investment 5,000 Min SIP Investment 1,000 Exit Load 0-3 Months (0.2%),3 Months and above(NIL) Yield to Maturity 7.42% Effective Maturity 9 Years 14 Days Modified Duration 5 Years 7 Months 6 Days Growth of 10,000 investment over the years.
Date Value 31 Oct 14 ₹10,000 31 Oct 15 ₹10,958 31 Oct 16 ₹12,240 31 Oct 17 ₹12,708 31 Oct 18 ₹12,811 31 Oct 19 ₹14,383 Returns for Kotak Bond Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 15 Nov 19 Duration Returns 1 Month 0.5% 3 Month 1.3% 6 Month 6% 1 Year 11.6% 3 Year 4.9% 5 Year 7.4% 10 Year 15 Year Since launch 8.8% Historical performance (Yearly) on absolute basis
Year Returns 2018 5.2% 2017 0.9% 2016 14.3% 2015 4.6% 2014 15.1% 2013 2.1% 2012 12.9% 2011 8.3% 2010 4.5% 2009 -0.2% Fund Manager information for Kotak Bond Fund
Name Since Tenure Abhishek Bisen 15 Apr 08 11.13 Yr. Data below for Kotak Bond Fund as on 30 Sep 19
Asset Allocation
Asset Class Value Cash 15.61% Debt 84.39% Debt Sector Allocation
Sector Value Government 69% Cash Equivalent 14.28% Corporate 12.14% Securitized 4.59% Credit Quality
Rating Value AA 7.87% AAA 92.13% Top Securities Holdings / Portfolio
Name Holding Value Quantity GOVT STOCK
Sovereign Bonds | -33% ₹620 Cr 59,072,700
↑ 20,500,000 7.26% Govt Stock 2029
Sovereign Bonds | -23% ₹424 Cr 40,750,000
↑ 3,000,000 Reverse Repo#
CBLO/Reverse Repo | -9% ₹164 Cr National Bank For Agriculture And Rural Development
Debentures | -5% ₹101 Cr 1,000
↑ 1,000 Triparty Repo
CBLO/Reverse Repo | -5% ₹90 Cr POWER FINANCE CORPORATION LIMITED
Debentures | -4% ₹78 Cr 750 State Bank Of India
Debentures | -3% ₹51 Cr 500 Rent a Device Trust
Unlisted bonds | -3% ₹48 Cr 422
↓ -250 Rent a Device Trust
Unlisted bonds | -2% ₹38 Cr 328 Housing Development Finance Corporation Limited
Debentures | -2% ₹36 Cr 35 4. IDFC Bond Fund Long Term Plan
CAGR/Annualized return of 8.4% since its launch. Return for 2018 was 6.6% , 2017 was 3.1% and 2016 was 12.9% . IDFC Bond Fund Long Term Plan
Growth Launch Date 14 Jul 00 NAV (15 Nov 19) ₹47.8784 ↑ 0.03 (0.07 %) Net Assets (Cr) ₹669 on 30 Sep 19 Category Debt - Longterm Bond AMC IDFC Asset Management Company Limited Rating Risk Moderate Expense Ratio 1.77 Sharpe Ratio 2.25 Information Ratio 0 Alpha Ratio -3.07 Min Investment 5,000 Min SIP Investment 1,000 Exit Load 0-365 Days (1%),365 Days and above(NIL) Yield to Maturity 6.8% Effective Maturity 7 Years 2 Months 23 Days Modified Duration 5 Years 4 Months 2 Days Growth of 10,000 investment over the years.
Date Value 31 Oct 14 ₹10,000 31 Oct 15 ₹11,102 31 Oct 16 ₹12,205 31 Oct 17 ₹13,066 31 Oct 18 ₹13,252 31 Oct 19 ₹15,062 Returns for IDFC Bond Fund Long Term Plan
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 15 Nov 19 Duration Returns 1 Month 0.4% 3 Month 1.5% 6 Month 7.5% 1 Year 12.5% 3 Year 6.6% 5 Year 8.4% 10 Year 15 Year Since launch 8.4% Historical performance (Yearly) on absolute basis
Year Returns 2018 6.6% 2017 3.1% 2016 12.9% 2015 5.9% 2014 15.5% 2013 4.7% 2012 10.4% 2011 8.6% 2010 3.9% 2009 -4.5% Fund Manager information for IDFC Bond Fund Long Term Plan
Name Since Tenure Suyash Choudhary 15 Oct 10 9.05 Yr. Data below for IDFC Bond Fund Long Term Plan as on 30 Sep 19
Asset Allocation
Asset Class Value Cash 2.53% Debt 97.47% Debt Sector Allocation
Sector Value Government 96.35% Cash Equivalent 2.86% Corporate 0.8% Credit Quality
Rating Value AAA 100% Top Securities Holdings / Portfolio
Name Holding Value Quantity GOVT STOCK
Sovereign Bonds | -39% ₹268 Cr 25,500,000
↑ 20,900,000 8.24% Govt Stock 2027
Sovereign Bonds | -36% ₹244 Cr 22,600,000
↑ 7,500,000 7.59% Govt Stock 2026
Sovereign Bonds | -21% ₹145 Cr 13,800,000
↑ 7,000,000 Net Current Assets
Net Current Assets | -2% ₹13 Cr RURAL ELECTRIFICATION CORPORATION LIMITED
Debentures | -1% ₹5 Cr 500,000 Triparty Repo
CBLO/Reverse Repo | -0% ₹3 Cr Cash Margin - Ccil
CBLO/Reverse Repo | -0% ₹1 Cr 7.73% Govt Stock 2034
Sovereign Bonds | -0% ₹0 Cr 37,500 5. HDFC Income Fund
CAGR/Annualized return of 7.8% since its launch. Ranked 29 in Medium to Long term category. Return for 2018 was 3.6% , 2017 was 1.3% and 2016 was 14.5% . HDFC Income Fund
Growth Launch Date 11 Sep 00 NAV (15 Nov 19) ₹42.5271 ↑ 0.04 (0.10 %) Net Assets (Cr) ₹604 on 30 Sep 19 Category Debt - Medium to Long term AMC HDFC Asset Management Company Limited Rating ☆☆ Risk Moderate Expense Ratio 2.13 Sharpe Ratio 2.49 Information Ratio -1.53 Alpha Ratio -1.11 Min Investment 5,000 Min SIP Investment 500 Exit Load 0-1 Months (0.25%),1 Months and above(NIL) Yield to Maturity 7.76% Effective Maturity 6 Years 11 Months 24 Days Modified Duration 4 Years 10 Months 5 Days Growth of 10,000 investment over the years.
Date Value 31 Oct 14 ₹10,000 31 Oct 15 ₹10,996 31 Oct 16 ₹12,383 31 Oct 17 ₹12,848 31 Oct 18 ₹12,827 31 Oct 19 ₹14,143 Returns for HDFC Income Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 15 Nov 19 Duration Returns 1 Month 0.7% 3 Month 1.8% 6 Month 5.5% 1 Year 9.7% 3 Year 3.9% 5 Year 7% 10 Year 15 Year Since launch 7.8% Historical performance (Yearly) on absolute basis
Year Returns 2018 3.6% 2017 1.3% 2016 14.5% 2015 5.3% 2014 15.7% 2013 2.2% 2012 10.5% 2011 6.3% 2010 5.6% 2009 1.8% Fund Manager information for HDFC Income Fund
Name Since Tenure Shobhit Mehrotra 1 Sep 07 12.09 Yr. Chirag Setalvad 31 Jul 19 0.17 Yr. Data below for HDFC Income Fund as on 30 Sep 19
Asset Allocation
Asset Class Value Cash 5.49% Debt 94.51% Debt Sector Allocation
Sector Value Government 75.5% Corporate 13.49% Cash Equivalent 11.01% Credit Quality
Rating Value A 6.86% AA 25.34% AAA 67.8% Top Securities Holdings / Portfolio
Name Holding Value Quantity 7.26% Govt Stock 2029
Sovereign Bonds | -15% ₹88 Cr 8,500,000
↑ 500,000 GOVT STOCK
Sovereign Bonds | -10% ₹63 Cr 6,000,000
↑ 6,000,000 The Tata Power Company Limited
Debentures | -9% ₹56 Cr 548 6.79% Govt Stock 2027
Sovereign Bonds | -7% ₹40 Cr 4,000,000 Punjab National Bank
Debentures | -6% ₹39 Cr 400 6.79% Govt Stock 2029
Sovereign Bonds | -6% ₹35 Cr 3,500,000
↓ -1,000,000 State Bank Of India
Debentures | -5% ₹33 Cr 330 INDIAN RAILWAY FINANCE CORPORATION LIMITED
Debentures | -4% ₹26 Cr 250 NTPC Limited
Debentures | -4% ₹26 Cr 250 National Highways Authority Of India
Debentures | -4% ₹26 Cr 250
How to Invest in Long Term Bond Funds
Open Free Investment Account for Lifetime at Fincash.com.
Complete your Registration and KYC Process
Upload Documents (PAN, Aadhaar, etc.). And, You are Ready to Invest!
All efforts have been made to ensure the information provided here is accurate. However, no guarantees are made regarding correctness of data. Please verify with scheme information document before making any investment.
You Might Also Like
AMFI Registration No. 112358 | CIN: U74999MH2016PTC282153
Shepard Technologies Pvt. Ltd. (with ARN code 112358) makes no warranties or representations, express or implied, on products offered through the platform. It accepts no liability for any damages or losses, however caused, in connection with the use of, or on the reliance of its product or related services. Terms and conditions of the website are applicable.
©2019 Shepard Technologies Private Limited. All Rights Reserved
Good read to know about bond mutual funds