fincash logo SOLUTIONS
EXPLORE FUNDS
CALCULATORS
LOG IN
SIGN UP

Fincash » Mutual Funds » Best Long Term Bond Funds

Top 5 Best Long Term Bond Funds 2022

Updated on June 22, 2022 , 7268 views

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.

Long-term-bond-funds

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 2022.

Ready to Invest?
Talk to our investment specialist
Disclaimer:
By submitting this form I authorize Fincash.com to call/SMS/email me about its products and I accept the terms of Privacy Policy and Terms & Conditions.

Top 5 Best Long Term Bond Funds 2022

FundNAVNet Assets (Cr)Min InvestmentMin SIP Investment3 MO (%)6 MO (%)1 YR (%)3 YR (%)2021 (%)Debt Yield (YTM)Mod. DurationEff. Maturity
ICICI Prudential Long Term Bond Fund Growth ₹70.3563
↑ 0.01
₹600 5,000 1,000 -1.9-2.7-1.74.30.47.56%7Y 2M 5D11Y 3M 14D
Nippon India Income Fund Growth ₹71.3124
↓ -0.03
₹226 5,000 100 -1.1-1.20.24.91.26.15%6Y 4D8Y 2M 19D
UTI Bond Fund Growth ₹58.828
↓ -0.04
₹296 1,000 500 6.56.115.45.99.45.98%4Y 1M 17D7Y 6M 7D
Tata Income Fund Growth ₹65.5691
↓ 0.00
₹50 5,000 500 -1.9-1.8-0.25.32.27.09%4Y 22D5Y 7M 17D
LIC MF Bond Fund Growth ₹57.2962
↓ -0.05
₹103 5,000 1,000 -1.1-1-0.14.31.36.3%4Y 11D5Y 5M 1D
Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 24 Jun 22

1. ICICI Prudential Long Term Bond Fund

(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 CAGR/Annualized return of 8.5% since its launch.  Ranked 12 in Longterm Bond category.  Return for 2021 was 0.4% , 2020 was 11% and 2019 was 12.1% .

Below is the key information for ICICI Prudential Long Term Bond Fund

ICICI Prudential Long Term Bond Fund
Growth
Launch Date 9 Jul 98
NAV (24 Jun 22) ₹70.3563 ↑ 0.01   (0.01 %)
Net Assets (Cr) ₹600 on 31 May 22
Category Debt - Longterm Bond
AMC ICICI Prudential Asset Management Company Limited
Rating
Risk Moderate
Expense Ratio 1.96
Sharpe Ratio -1.58
Information Ratio 0
Alpha Ratio 0
Min Investment 5,000
Min SIP Investment 1,000
Exit Load NIL
Yield to Maturity 7.56%
Effective Maturity 11 Years 3 Months 14 Days
Modified Duration 7 Years 2 Months 5 Days

Growth of 10,000 investment over the years.

DateValue
31 May 17₹10,000
31 May 18₹10,182
31 May 19₹11,478
31 May 20₹13,118
31 May 21₹13,475
31 May 22₹13,183

ICICI Prudential Long Term Bond Fund SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual Returns:
%
Total investment amount is ₹180,000
expected amount after 3 Years is ₹197,169.
Net Profit of ₹17,169
Invest Now

Returns for ICICI Prudential Long Term Bond Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 24 Jun 22

DurationReturns
1 Month 0.2%
3 Month -1.9%
6 Month -2.7%
1 Year -1.7%
3 Year 4.3%
5 Year 5.2%
10 Year
15 Year
Since launch 8.5%
Historical performance (Yearly) on absolute basis
YearReturns
2021 0.4%
2020 11%
2019 12.1%
2018 6.8%
2017 4.1%
2016 15.7%
2015 5.1%
2014 16.9%
2013 0.9%
2012 10.2%
Fund Manager information for ICICI Prudential Long Term Bond Fund
NameSinceTenure
Manish Banthia19 Sep 138.7 Yr.
Anuj Tagra29 Dec 201.42 Yr.

Data below for ICICI Prudential Long Term Bond Fund as on 31 May 22

Asset Allocation
Asset ClassValue
Cash7.55%
Debt92.45%
Debt Sector Allocation
SectorValue
Government83.12%
Corporate9.33%
Cash Equivalent7.55%
Credit Quality
RatingValue
AA10.67%
AAA89.33%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
6.67% Govt Stock 2035
Sovereign Bonds | -
62%₹381 Cr40,871,430
↓ -4,729,660
6.54% Govt Stock 2032
Sovereign Bonds | -
20%₹122 Cr12,833,750
↑ 8,101,800
The Great Eastern Shipping Company Limited
Debentures | -
9%₹57 Cr586
Indian Railway Finance Corporation Limited
Debentures | -
0%₹2 Cr21
07.67 TN UDAY 2023
Domestic Bonds | -
0%₹2 Cr182,200
Indian Railway Finance Corporation Limited
Debentures | -
0%₹1 Cr06
National Bank For Agriculture And Rural Development
Debentures | -
0%₹0 Cr01
Treps
CBLO/Reverse Repo | -
9%₹52 Cr
Net Current Assets
Net Current Assets | -
1%-₹6 Cr
6.1% Govt Stock 2031
Sovereign Bonds | -
₹0 Cr00
↓ -601,800

2. Nippon India Income Fund

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.

Nippon India 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 CAGR/Annualized return of 8.4% since its launch.  Ranked 28 in Medium to Long term category.  Return for 2021 was 1.2% , 2020 was 10.5% and 2019 was 11.4% .

Below is the key information for Nippon India Income Fund

Nippon India Income Fund
Growth
Launch Date 1 Jan 98
NAV (24 Jun 22) ₹71.3124 ↓ -0.03   (-0.04 %)
Net Assets (Cr) ₹226 on 31 May 22
Category Debt - Medium to Long term
AMC Nippon Life Asset Management Ltd.
Rating
Risk Moderate
Expense Ratio 1.77
Sharpe Ratio -1.65
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 6.15%
Effective Maturity 8 Years 2 Months 19 Days
Modified Duration 6 Years 4 Days

Growth of 10,000 investment over the years.

DateValue
31 May 17₹10,000
31 May 18₹10,114
31 May 19₹11,305
31 May 20₹12,731
31 May 21₹13,206
31 May 22₹13,293

Nippon India Income Fund SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual Returns:
%
Total investment amount is ₹180,000
expected amount after 3 Years is ₹197,169.
Net Profit of ₹17,169
Invest Now

Returns for Nippon India Income Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 24 Jun 22

DurationReturns
1 Month -0.5%
3 Month -1.1%
6 Month -1.2%
1 Year 0.2%
3 Year 4.9%
5 Year 5.3%
10 Year
15 Year
Since launch 8.4%
Historical performance (Yearly) on absolute basis
YearReturns
2021 1.2%
2020 10.5%
2019 11.4%
2018 6.1%
2017 2.4%
2016 13.8%
2015 5.1%
2014 14.8%
2013 2.8%
2012 11.1%
Fund Manager information for Nippon India Income Fund
NameSinceTenure
Vivek Sharma1 Feb 202.33 Yr.
Kinjal Desai25 May 184.02 Yr.

Data below for Nippon India Income Fund as on 31 May 22

Asset Allocation
Asset ClassValue
Cash17.04%
Debt82.96%
Debt Sector Allocation
SectorValue
Government74.43%
Cash Equivalent17.04%
Corporate8.54%
Credit Quality
RatingValue
AAA100%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
4.68% Govt Stock 2034
Sovereign Bonds | -
34%₹78 Cr8,000,000
5.74% Govt Stock 2026
Sovereign Bonds | -
21%₹48 Cr5,000,000
5.53% Govt Stock 2033
Sovereign Bonds | -
19%₹45 Cr4,500,000
Bharat Sanchar Nigam Limited
Debentures | -
9%₹20 Cr210
5.79% Govt Stock 2030
Sovereign Bonds | -
0%₹0 Cr40,200
7.57% Govt Stock 2033
Sovereign Bonds | -
0%₹0 Cr14,400
6.45% Govt Stock 2029
Sovereign Bonds | -
0%₹0 Cr800
5.77% Govt Stock 2030
Sovereign Bonds | -
0%₹0 Cr700
7.26% Govt Stock 2029
Sovereign Bonds | -
0%₹0 Cr600
08.19 RJ UDAY 2026
Domestic Bonds | -
0%₹0 Cr90

3. UTI Bond Fund

(Erstwhile UTI - Bond Fund)

The Scheme will retain the flexibility to invest in the entire range of debt and money market instruments. The flexibility is being retained to adjust the portfolio in response to a change in the risk to return equation for asset classes under investment, with a view to maintain risks within manageable limits.

UTI Bond Fund is a Debt - Medium to Long term fund was launched on 4 May 98. It is a fund with Moderate risk and has given a CAGR/Annualized return of 7.6% since its launch.  Ranked 11 in Medium to Long term category.  Return for 2021 was 9.4% , 2020 was 1.1% and 2019 was -5.8% .

Below is the key information for UTI Bond Fund

UTI Bond Fund
Growth
Launch Date 4 May 98
NAV (24 Jun 22) ₹58.828 ↓ -0.04   (-0.07 %)
Net Assets (Cr) ₹296 on 31 May 22
Category Debt - Medium to Long term
AMC UTI Asset Management Company Ltd
Rating
Risk Moderate
Expense Ratio 0
Sharpe Ratio 1.17
Information Ratio 0
Alpha Ratio 0
Min Investment 1,000
Min SIP Investment 500
Exit Load NIL
Yield to Maturity 5.98%
Effective Maturity 7 Years 6 Months 7 Days
Modified Duration 4 Years 1 Month 17 Days

Growth of 10,000 investment over the years.

DateValue
31 May 17₹10,000
31 May 18₹10,217
31 May 19₹10,347
31 May 20₹9,675
31 May 21₹10,062
31 May 22₹11,652

UTI Bond Fund SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual Returns:
%
Total investment amount is ₹180,000
expected amount after 3 Years is ₹188,454.
Net Profit of ₹8,454
Invest Now

Returns for UTI Bond Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 24 Jun 22

DurationReturns
1 Month -0.3%
3 Month 6.5%
6 Month 6.1%
1 Year 15.4%
3 Year 5.9%
5 Year 2.7%
10 Year
15 Year
Since launch 7.6%
Historical performance (Yearly) on absolute basis
YearReturns
2021 9.4%
2020 1.1%
2019 -5.8%
2018 4%
2017 3.6%
2016 13.9%
2015 6.3%
2014 15.6%
2013 4%
2012 10.5%
Fund Manager information for UTI Bond Fund
NameSinceTenure
Amandeep Chopra31 Jan 1210.34 Yr.

Data below for UTI Bond Fund as on 31 May 22

Asset Allocation
Asset ClassValue
Cash8.78%
Debt91.22%
Debt Sector Allocation
SectorValue
Government87.12%
Cash Equivalent8.78%
Corporate4.1%
Credit Quality
RatingValue
AA9.71%
AAA80.78%
Below B9.51%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
6.54% Govt Stock 2032
Sovereign Bonds | -
19%₹57 Cr600,000,000
↑ 200,000,000
6.1% Govt Stock 2031
Sovereign Bonds | -
15%₹46 Cr500,000,000
5.53% Govt Stock 2033
Sovereign Bonds | -
15%₹45 Cr450,000,000
5.22% Govt Stock 2025
Sovereign Bonds | -
11%₹33 Cr350,000,000
182 Dtb 10112022
Sovereign Bonds | -
8%₹24 Cr250,000,000
↑ 250,000,000
Punjab National Bank
Debentures | -
5%₹15 Cr150
Food Corporation Of India
Debentures | -
5%₹14 Cr150
6.67% Govt Stock 2035
Sovereign Bonds | -
5%₹14 Cr150,000,000
Piramal Capital & Housing Finance Limited
Debentures | -
3%₹10 Cr123,219
182 Dtb 29092022
Sovereign Bonds | -
3%₹10 Cr100,000,000

4. Tata Income Fund

(Erstwhile TATA Long Term Debt Fund )

To provide income distribution and / or medium to long term capital gains while at all times emphasising the importance of safety and capital appreciation.

Tata Income Fund is a Debt - Medium to Long term fund was launched on 28 Apr 97. It is a fund with Moderate risk and has given a CAGR/Annualized return of 7.8% since its launch.  Return for 2021 was 2.2% , 2020 was 11.6% and 2019 was 9.1% .

Below is the key information for Tata Income Fund

Tata Income Fund
Growth
Launch Date 28 Apr 97
NAV (24 Jun 22) ₹65.5691 ↓ 0.00   (0.00 %)
Net Assets (Cr) ₹50 on 31 May 22
Category Debt - Medium to Long term
AMC Tata Asset Management Limited
Rating Not Rated
Risk Moderate
Expense Ratio 1.86
Sharpe Ratio -1.6
Information Ratio -1.26
Alpha Ratio -1.07
Min Investment 5,000
Min SIP Investment 500
Exit Load 0-365 Days (1%),365 Days and above(NIL)
Yield to Maturity 7.09%
Effective Maturity 5 Years 7 Months 17 Days
Modified Duration 4 Years 22 Days

Growth of 10,000 investment over the years.

DateValue
31 May 17₹10,000
31 May 18₹10,142
31 May 19₹10,903
31 May 20₹12,087
31 May 21₹12,833
31 May 22₹12,838

Tata Income Fund SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual Returns:
%
Total investment amount is ₹180,000
expected amount after 3 Years is ₹194,235.
Net Profit of ₹14,235
Invest Now

Returns for Tata Income Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 24 Jun 22

DurationReturns
1 Month 0.1%
3 Month -1.9%
6 Month -1.8%
1 Year -0.2%
3 Year 5.3%
5 Year 4.7%
10 Year
15 Year
Since launch 7.8%
Historical performance (Yearly) on absolute basis
YearReturns
2021 2.2%
2020 11.6%
2019 9.1%
2018 2.8%
2017 4.1%
2016 11.4%
2015 6.9%
2014 13%
2013 7.2%
2012 10.4%
Fund Manager information for Tata Income Fund
NameSinceTenure
Akhil Mittal2 Jun 148 Yr.

Data below for Tata Income Fund as on 31 May 22

Asset Allocation
Asset ClassValue
Cash13.76%
Debt86.24%
Debt Sector Allocation
SectorValue
Government60.23%
Corporate26.01%
Cash Equivalent13.76%
Credit Quality
RatingValue
AAA100%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
Power Finance Corporation Ltd.
Debentures | -
11%₹5 Cr50
Indian Railway Finance Corporation Limited
Debentures | -
10%₹5 Cr50
Sbi Cards And Payment Services Limited
Debentures | -
10%₹5 Cr50
Rec Limited
Debentures | -
10%₹5 Cr50
Ntpc Limited
Debentures | -
10%₹5 Cr50
National Highways Authority Of India
Debentures | -
10%₹5 Cr50
5.15 11/9/2025 12:00:00 Am
Sovereign Bonds | -
9%₹5 Cr500,000
6.1 7/12/2031 12:00:00 Am
Sovereign Bonds | -
9%₹5 Cr500,000
LIC Housing Finance Limited
Debentures | -
6%₹3 Cr30
7.69 6/17/2043 12:00:00 Am
Sovereign Bonds | -
1%₹1 Cr71,000

5. LIC MF Bond Fund

LIC MF Bond Fund is an open-ended debt scheme, which will endeavor to generate an attractive return for its investors by investing in a portfolio of quality debt securities and money market instruments. However, there is no assurance that the investment objective of the Scheme will be realised.

LIC MF Bond Fund is a Debt - Medium to Long term fund was launched on 15 Sep 99. It is a fund with Moderate risk and has given a CAGR/Annualized return of 7.8% since its launch.  Return for 2021 was 1.3% , 2020 was 8.8% and 2019 was 9.7% .

Below is the key information for LIC MF Bond Fund

LIC MF Bond Fund
Growth
Launch Date 15 Sep 99
NAV (24 Jun 22) ₹57.2962 ↓ -0.05   (-0.09 %)
Net Assets (Cr) ₹103 on 31 May 22
Category Debt - Medium to Long term
AMC LIC Mutual Fund Asset Mgmt Co Ltd
Rating Not Rated
Risk Moderate
Expense Ratio 1.01
Sharpe Ratio -2.71
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 6.3%
Effective Maturity 5 Years 5 Months 1 Day
Modified Duration 4 Years 11 Days

Growth of 10,000 investment over the years.

DateValue
31 May 17₹10,000
31 May 18₹10,117
31 May 19₹11,109
31 May 20₹12,343
31 May 21₹12,764
31 May 22₹12,716

LIC MF Bond Fund SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual Returns:
%
Total investment amount is ₹180,000
expected amount after 3 Years is ₹194,235.
Net Profit of ₹14,235
Invest Now

Returns for LIC MF Bond Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 24 Jun 22

DurationReturns
1 Month 0%
3 Month -1.1%
6 Month -1%
1 Year -0.1%
3 Year 4.3%
5 Year 4.7%
10 Year
15 Year
Since launch 7.8%
Historical performance (Yearly) on absolute basis
YearReturns
2021 1.3%
2020 8.8%
2019 9.7%
2018 4.9%
2017 2.2%
2016 12.3%
2015 5.6%
2014 12.4%
2013 4.1%
2012 8.9%
Fund Manager information for LIC MF Bond Fund
NameSinceTenure
Marzban Irani10 Aug 165.81 Yr.
Sanjay Pawar1 Jan 220.41 Yr.

Data below for LIC MF Bond Fund as on 31 May 22

Asset Allocation
Asset ClassValue
Cash33.15%
Debt66.85%
Debt Sector Allocation
SectorValue
Government66.85%
Cash Equivalent33.15%
Credit Quality
RatingValue
AAA100%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
6.54% Govt Stock 2032
Sovereign Bonds | -
55%₹56 Cr5,800,000
↑ 5,500,000
91 Dtb 02062022
Sovereign Bonds | -
10%₹10 Cr1,000,000
91 Dtb 11082022
Sovereign Bonds | -
10%₹10 Cr1,000,000
↑ 1,000,000
Indian Railway Finance Corporation Limited
Debentures | -
5%₹5 Cr50
5.74% Govt Stock 2026
Sovereign Bonds | -
5%₹5 Cr500,000
↓ -4,000,000
5.63% Govt Stock 2026
Sovereign Bonds | -
2%₹2 Cr194,500
↓ -1,500,000
7.32% Govt Stock 2024
Sovereign Bonds | -
1%₹1 Cr100,000
07.98 GJ Sdl 2026
Sovereign Bonds | -
1%₹1 Cr53,800
Treps
CBLO/Reverse Repo | -
13%₹13 Cr
Net Receivables / (Payables)
Net Current Assets | -
0%₹0 Cr

How to Invest in Long Term Bond Funds

  1. Open Free Investment Account for Lifetime at Fincash.com.

  2. Complete your Registration and KYC Process

  3. Upload Documents (PAN, Aadhaar, etc.). And, You are Ready to Invest!

    Get Started

Disclaimer:
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.
How helpful was this page ?
Rated 5, based on 2 reviews.
POST A COMMENT

GAURAV, posted on 3 Dec 18 3:04 AM

Good read to know about bond mutual funds

1 - 1 of 1