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Top 5 Best Long Term Bond Funds 2020
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 2020.
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Top 5 Best Long Term Bond Funds 2020
Fund NAV Net Assets (Cr) Min Investment Min SIP Investment 3 MO (%) 6 MO (%) 1 YR (%) 3 YR (%) 2019 (%) Debt Yield (YTM) Mod. Duration Eff. Maturity IDFC Bond Fund Long Term Plan Growth ₹51.6474
↓ -0.01 ₹671 5,000 1,000 4.3 7.3 13.7 8.2 10.4 6.45% 6Y 5M 8D 9Y Nippon India Income Fund Growth ₹68.6097
↓ -0.03 ₹306 5,000 100 3.6 6.4 13.2 8.4 11.4 6.08% 5Y 4M 2D 7Y 2M 16D Canara Robeco Income Fund Growth ₹43.7838
↑ 0.00 ₹116 5,000 1,000 3.6 5.8 12.1 7.7 10.3 6.92% 5Y 5D 7Y 9M 12D JM Income Fund Growth ₹48.137
↓ -0.03 ₹22 5,000 500 3.2 5.1 -4.7 1.6 -7.4 6.56% 4Y 8M 3D 5Y 10M 4D HDFC Income Fund Growth ₹44.863
↓ -0.01 ₹568 5,000 500 2 4.9 10 5.9 8.7 7.64% 4Y 5M 23D 6Y 3M 22D Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 29 May 20
(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 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 Below is the key information for Nippon India Income Fund Returns up to 1 year are on (Erstwhile Canara Robeco Income) To generate income through investment in debt and money market securities of different maturity and issuers of different risk profiles. However, there can be no assurance that the investment objective of the scheme will be realized. Canara Robeco Income Fund is a Debt - Medium to Long term fund was launched on 19 Sep 02. It is a fund with Moderate risk and has given a Below is the key information for Canara Robeco Income Fund Returns up to 1 year are on To generate stable long term returns with low risk strategy and capital appreciation / accretion through investment in debt instruments and related securities besides preservation of capital. JM Income Fund is a Debt - Medium to Long term fund was launched on 1 Apr 95. It is a fund with Moderate risk and has given a Below is the key information for JM Income Fund 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. IDFC Bond Fund Long Term Plan
CAGR/Annualized return of 8.6% since its launch. Return for 2019 was 10.4% , 2018 was 6.6% and 2017 was 3.1% . IDFC Bond Fund Long Term Plan
Growth Launch Date 14 Jul 00 NAV (29 May 20) ₹51.6474 ↓ -0.01 (-0.02 %) Net Assets (Cr) ₹671 on 30 Apr 20 Category Debt - Longterm Bond AMC IDFC Asset Management Company Limited Rating Risk Moderate Expense Ratio 1.77 Sharpe Ratio 2.86 Information Ratio -0.35 Alpha Ratio -1.71 Min Investment 5,000 Min SIP Investment 1,000 Exit Load 0-365 Days (1%),365 Days and above(NIL) Yield to Maturity 6.45% Effective Maturity 9 Years Modified Duration 6 Years 5 Months 8 Days Growth of 10,000 investment over the years.
Date Value 31 May 15 ₹10,000 31 May 16 ₹10,634 31 May 17 ₹11,962 31 May 18 ₹12,002 31 May 19 ₹13,347 31 May 20 ₹15,129 Returns for IDFC Bond Fund Long Term Plan
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 29 May 20 Duration Returns 1 Month 2% 3 Month 4.3% 6 Month 7.3% 1 Year 13.7% 3 Year 8.2% 5 Year 8.6% 10 Year 15 Year Since launch 8.6% Historical performance (Yearly) on absolute basis
Year Returns 2019 10.4% 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% Fund Manager information for IDFC Bond Fund Long Term Plan
Name Since Tenure Suyash Choudhary 15 Oct 10 9.47 Yr. Data below for IDFC Bond Fund Long Term Plan as on 30 Apr 20
Asset Allocation
Asset Class Value Cash 0.83% Debt 97.36% Other 1.81% Debt Sector Allocation
Sector Value Government 96.55% Cash Equivalent 0.83% Corporate 0.81% Credit Quality
Rating Value AAA 100% Top Securities Holdings / Portfolio
Name Holding Value Quantity 7.26% Govt Stock 2029
Sovereign Bonds | -89% ₹596 Cr 56,200,000
↑ 33,000,000 GOVT STOCK
Sovereign Bonds | -8% ₹51 Cr 4,700,000
↑ 4,700,000 Net Current Assets
Receivables | -2% ₹12 Cr RURAL ELECTRIFICATION CORPORATION LIMITED
Debentures | -1% ₹5 Cr 500,000 Triparty Repo
CBLO/Reverse Repo | -1% ₹5 Cr Cash Margin - Ccil
CBLO/Reverse Repo | -0% ₹1 Cr 7.73% Govt Stock 2034
Sovereign Bonds | -0% ₹0 Cr 37,500 2. Nippon India Income Fund
CAGR/Annualized return of 9% since its launch. Ranked 28 in Medium to Long term category. Return for 2019 was 11.4% , 2018 was 6.1% and 2017 was 2.4% . Nippon India Income Fund
Growth Launch Date 1 Jan 98 NAV (29 May 20) ₹68.6097 ↓ -0.03 (-0.04 %) Net Assets (Cr) ₹306 on 30 Apr 20 Category Debt - Medium to Long term AMC Nippon Life Asset Management Ltd. Rating ☆☆ Risk Moderate Expense Ratio 1.82 Sharpe Ratio 3 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 6.08% Effective Maturity 7 Years 2 Months 16 Days Modified Duration 5 Years 4 Months 2 Days Growth of 10,000 investment over the years.
Date Value 31 May 15 ₹10,000 31 May 16 ₹10,698 31 May 17 ₹11,841 31 May 18 ₹11,975 31 May 19 ₹13,386 31 May 20 ₹15,074 Returns for Nippon India Income Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 29 May 20 Duration Returns 1 Month 1.2% 3 Month 3.6% 6 Month 6.4% 1 Year 13.2% 3 Year 8.4% 5 Year 8.6% 10 Year 15 Year Since launch 9% Historical performance (Yearly) on absolute basis
Year Returns 2019 11.4% 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% Fund Manager information for Nippon India Income Fund
Name Since Tenure Vivek Sharma 1 Feb 20 0.16 Yr. Kinjal Desai 25 May 18 1.85 Yr. Data below for Nippon India Income Fund as on 30 Apr 20
Asset Allocation
Asset Class Value Cash 6.4% Debt 92.34% Other 1.26% Debt Sector Allocation
Sector Value Government 83.79% Corporate 8.55% Cash Equivalent 6.4% Credit Quality
Rating Value AAA 100% Top Securities Holdings / Portfolio
Name Holding Value Quantity GOVT STOCK
Sovereign Bonds | -40% ₹123 Cr 11,500,000
↑ 1,000,000 7.26% Govt Stock 2029
Sovereign Bonds | -31% ₹95 Cr 9,000,000 RELIANCE INDUSTRIES LIMITED
Debentures | -9% ₹26 Cr 250 7.17% Govt Stock 2028
Sovereign Bonds | -7% ₹21 Cr 2,000,000 Triparty Repo
CBLO/Reverse Repo | -6% ₹20 Cr GOVT STOCK
Sovereign Bonds | -5% ₹16 Cr 1,500,000 Net Current Assets
Receivables | -1% ₹4 Cr Cash Margin - Ccil
Net Current Assets | -0% ₹0 Cr 08.19% RJ SDL Spl 2026
Domestic Bonds | -0% ₹0 Cr 90 3. Canara Robeco Income Fund
CAGR/Annualized return of 8.7% since its launch. Return for 2019 was 10.3% , 2018 was 5.2% and 2017 was 3.5% . Canara Robeco Income Fund
Growth Launch Date 19 Sep 02 NAV (29 May 20) ₹43.7838 ↑ 0.00 (0.01 %) Net Assets (Cr) ₹116 on 30 Apr 20 Category Debt - Medium to Long term AMC Canara Robeco Asset Management Co. Ltd. Rating Risk Moderate Expense Ratio 1.9 Sharpe Ratio 2.87 Information Ratio -1.44 Alpha Ratio -1.73 Min Investment 5,000 Min SIP Investment 1,000 Exit Load 0-12 Months (1%),12 Months and above(NIL) Yield to Maturity 6.92% Effective Maturity 7 Years 9 Months 12 Days Modified Duration 5 Years 5 Days Growth of 10,000 investment over the years.
Date Value 31 May 15 ₹10,000 31 May 16 ₹10,617 31 May 17 ₹11,822 31 May 18 ₹12,057 31 May 19 ₹13,207 31 May 20 ₹14,739 Returns for Canara Robeco Income Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 29 May 20 Duration Returns 1 Month 2.6% 3 Month 3.6% 6 Month 5.8% 1 Year 12.1% 3 Year 7.7% 5 Year 8.1% 10 Year 15 Year Since launch 8.7% Historical performance (Yearly) on absolute basis
Year Returns 2019 10.3% 2018 5.2% 2017 3.5% 2016 12.7% 2015 5.6% 2014 13.9% 2013 5.3% 2012 9.9% 2011 7.8% 2010 5% Fund Manager information for Canara Robeco Income Fund
Name Since Tenure Avnish Jain 25 Jun 14 5.77 Yr. Data below for Canara Robeco Income Fund as on 30 Apr 20
Asset Allocation
Asset Class Value Cash 2.44% Debt 94.34% Other 3.22% Debt Sector Allocation
Sector Value Government 59.44% Corporate 34.9% Cash Equivalent 2.44% Credit Quality
Rating Value AAA 100% Top Securities Holdings / Portfolio
Name Holding Value Quantity GOVT STOCK
Sovereign Bonds | -9% ₹11 Cr 1,000,000 7.26% Govt Stock 2029
Sovereign Bonds | -9% ₹11 Cr 1,000,000
↑ 1,000,000 Rec Limited
Debentures | -9% ₹10 Cr 100
↑ 100 NTPC Limited
Debentures | -5% ₹5 Cr 50 LIC Housing Finance Limited
Debentures | -5% ₹5 Cr 50 RELIANCE INDUSTRIES LIMITED
Debentures | -4% ₹5 Cr 50 National Bank For Agriculture And Rural Development
Debentures | -4% ₹5 Cr 50 7.16% Govt Stock 2050
Sovereign Bonds | -4% ₹5 Cr 500,000
↑ 500,000 GOVT STOCK
Sovereign Bonds | -4% ₹5 Cr 500,000
↑ 500,000 LIC Housing Finance Limited
Debentures | -4% ₹5 Cr 50 4. JM Income Fund
CAGR/Annualized return of 6.4% since its launch. Return for 2019 was -7.4% , 2018 was 5.1% and 2017 was 4.2% . JM Income Fund
Growth Launch Date 1 Apr 95 NAV (29 May 20) ₹48.137 ↓ -0.03 (-0.06 %) Net Assets (Cr) ₹22 on 30 Apr 20 Category Debt - Medium to Long term AMC JM Financial Asset Management Limited Rating Risk Moderate Expense Ratio 1.35 Sharpe Ratio -0.73 Information Ratio -1.13 Alpha Ratio -14.56 Min Investment 5,000 Min SIP Investment 500 Exit Load NIL Yield to Maturity 6.56% Effective Maturity 5 Years 10 Months 4 Days Modified Duration 4 Years 8 Months 3 Days Growth of 10,000 investment over the years.
Date Value 31 May 15 ₹10,000 31 May 16 ₹10,339 31 May 17 ₹11,117 31 May 18 ₹11,360 31 May 19 ₹12,253 31 May 20 ₹11,641 Returns for JM Income Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 29 May 20 Duration Returns 1 Month 1.2% 3 Month 3.2% 6 Month 5.1% 1 Year -4.7% 3 Year 1.6% 5 Year 3.1% 10 Year 15 Year Since launch 6.4% Historical performance (Yearly) on absolute basis
Year Returns 2019 -7.4% 2018 5.1% 2017 4.2% 2016 7.2% 2015 4.2% 2014 13% 2013 4.6% 2012 9.6% 2011 6.7% 2010 3.5% Fund Manager information for JM Income Fund
Name Since Tenure Vikas Agrawal 12 Aug 14 5.64 Yr. Data below for JM Income Fund as on 30 Apr 20
Asset Allocation
Asset Class Value Cash 4.25% Debt 89.79% Other 5.96% Debt Sector Allocation
Sector Value Government 89.79% Cash Equivalent 4.25% Credit Quality
Rating Value AAA 100% Top Securities Holdings / Portfolio
Name Holding Value Quantity GOVT STOCK
Sovereign Bonds | -50% ₹11 Cr 1,000,000 GOVT STOCK
Sovereign Bonds | -20% ₹4 Cr 425,000
↑ 250,000 7.26% Govt Stock 2029
Sovereign Bonds | -20% ₹4 Cr 400,000 Net Current Assets
Receivables | -6% ₹1 Cr Treps
CBLO/Reverse Repo | -4% ₹1 Cr 00 5. HDFC Income Fund
CAGR/Annualized return of 7.9% since its launch. Ranked 29 in Medium to Long term category. Return for 2019 was 8.7% , 2018 was 3.6% and 2017 was 1.3% . HDFC Income Fund
Growth Launch Date 11 Sep 00 NAV (29 May 20) ₹44.863 ↓ -0.01 (-0.02 %) Net Assets (Cr) ₹568 on 30 Apr 20 Category Debt - Medium to Long term AMC HDFC Asset Management Company Limited Rating ☆☆ Risk Moderate Expense Ratio 2.13 Sharpe Ratio 2.63 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 7.64% Effective Maturity 6 Years 3 Months 22 Days Modified Duration 4 Years 5 Months 23 Days Growth of 10,000 investment over the years.
Date Value 31 May 15 ₹10,000 31 May 16 ₹10,725 31 May 17 ₹11,817 31 May 18 ₹11,814 31 May 19 ₹12,783 31 May 20 ₹14,024 Returns for HDFC Income Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 29 May 20 Duration Returns 1 Month 1.9% 3 Month 2% 6 Month 4.9% 1 Year 10% 3 Year 5.9% 5 Year 7% 10 Year 15 Year Since launch 7.9% Historical performance (Yearly) on absolute basis
Year Returns 2019 8.7% 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% Fund Manager information for HDFC Income Fund
Name Since Tenure Shobhit Mehrotra 1 Sep 07 12.59 Yr. Chirag Setalvad 31 Jul 19 0.67 Yr. Data below for HDFC Income Fund as on 30 Apr 20
Asset Allocation
Asset Class Value Cash 4.76% Debt 93.44% Other 1.8% Debt Sector Allocation
Sector Value Government 70.73% Corporate 22.71% Cash Equivalent 4.76% Credit Quality
Rating Value A 7.15% AA 24.71% AAA 68.14% Top Securities Holdings / Portfolio
Name Holding Value Quantity GOVT STOCK
Sovereign Bonds | -13% ₹76 Cr 7,000,000
↓ -2,000,000 6.79% Govt Stock 2027
Sovereign Bonds | -11% ₹62 Cr 6,000,000 The Tata Power Company Limited
Debentures | -9% ₹51 Cr 498 Punjab National Bank
Debentures | -7% ₹38 Cr 400 7.26% Govt Stock 2029
Sovereign Bonds | -6% ₹32 Cr 3,000,000 Treps - Tri-Party Repo
CBLO/Reverse Repo | -5% ₹27 Cr INDIAN RAILWAY FINANCE CORPORATION LIMITED
Debentures | -5% ₹27 Cr 250 NTPC Limited
Debentures | -5% ₹27 Cr 250 6.97% Govt Stock 2026
Sovereign Bonds | -5% ₹26 Cr 2,500,000 Export-Import Bank Of India
Debentures | -4% ₹25 Cr 250
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