Table of Contents
FD Vs Debt Mutual Fund
FD vs Debt fund? Thinking where to invest your savings to earn good returns. Generally, people consider Investing in fixed deposit or FD to be the most convenient option as it is safe and offers fixed returns. But is it the best way? Though Fixed Deposit is an easy investment option for all, however, the returns of fixed deposits being taxable are much less as compared to a Debt Fund. Moreover, when held for a longer duration, Debt Mutual Funds offer good returns. Before making a final decision to invest in debt mutual funds or fixed deposits, go through the detailed comparison of these investments.
In summary:
Debt Mutual Funds (Debt Fund) Vs Fixed Deposits (FD)
We would need to break this up by the ability to take a risk and the intended holding period of the investor in question.
Short Holding Period (1 Year or Less)
Here the options for debt fund would be limited to Liquid Funds, ultra-short term funds and short-term Income funds. While the returns or yields normally would go higher from liquid to ultra-short to Short term fund, the yield differential between these debt funds and a Fixed Deposit can be determined considering their returns in last one year.
Debt Mutual Fund (Category Average Return)
| Type Of Debt Mutual Fund | Last 1 yr. Return (%) |
|---|---|
| Liquid Fund | 7.36 |
| Ultra Short-term Debt Funds | 9.18 |
| Short-term Debt Funds | 9.78 |
| Dynamic Debt Funds | 13.89 |
| Long-term Debt Funds | 13.19 |
| Gilt Short-term Funds | 11.76 |
| Gilt Long-term Funds | 15.06 |
| Data as of 20th Feb 2017 |
Fixed Deposit or FD Average Return Rate
The Average Return rate of Fixed Deposits ranged from 8-8.5% p.a. in the year 2016 (so one can compare the above returns in the table). However, in the past one year, the return rate has dropped to 6.6-7.5% p.a.
With the above illustration, it is clear that the average rate of return of Debt Funds is better than that of Fixed Deposits.
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Long-Term Holding Period
With a long intended holding period, debt funds may prove to be better than FDs.
The options to invest here would be:
- Long term income funds
- Long-term gilt,
- Corporate bond funds (high yield funds), in addition to the options mentioned above the liquid, ultra-short and short term funds may also be used.
Given that the holding period could be 3 years or more, we can say the following:
- With Capital gains tax at 20% with indexation benefits, the net tax incidence would be minimal ( however one should calculate the tax incidence given the year of incurring tax)
- Long term income funds/Gilt Funds with high yields and additionally, if interest rates move down would give very higher returns.
- One could end up with high double digit returns with these debt funds.
Take the example below of returns on long-term income funds, the average last 1-year return for the category is 12.19% and last 3 years is 10.32% p.a. No FD could have given a similar return in the period. Gilt Fund returns are even higher. In the same period, last year FD rates would have been close to 8-8.5% per annum across most banks, (albeit today the rates have dropped further to 6.5 - 7.5%)
So with an investor having a long intended holding period and interest rates falling, a debt fund (Long term income or Gilt) would give much better returns than an FD. Even in the case of interest rates not falling, high yield corporate bond funds would beat FDs in the same period.
Taxation on Debt Mutual Funds and Fixed Deposits
Taxation also plays an important role in determining the returns of the debt funds and fixed deposits. Typically, taxation on Fixed Deposits is 33% (marginal rate of tax) while on Debt Funds if one invests with a less than 3-year view then incurring dividend distribution tax would be a better option given that DDT (Dividend Distribution Tax) is deducted at approximately 25% (+surcharge etc). This shows that taxation on debt mutual funds is relatively lower than that in fixed deposits.
The additional benefits that come with debt funds are:
- liquidity: money available within 1–2 days from Redemption
- Professional management: ability to dynamically change strategy and take advantage of markets
- No premature withdrawal penalty.
To sum up:
| Parameters | Mutual Funds | Fixed Deposits |
|---|---|---|
| Rate of Returns | No Assured Returns | Fixed Returns |
| Inflation Adjusted Returns | Potential of High Inflation Adjusted Returns | Usually Low Inflation Adjusted Returns |
| Risk | Low to High Risk (Depends of Fund | Low Risk |
| Liquidity | Liquid | Liquid |
| Premature Withdrawal | Allowed with Exit Load/No Load | Allowed with Penalty |
| Cost of Investment | Management Cost/Expense Ratio | No Cost |
Top 8 Best Performing Debt Funds 2025
Below is the list of Debt funds having Net Assets/AUM above 1000 Crore and sorted on 3 Year compounded (CAGR) returns.
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 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 An Open-ended income scheme with the objective to generate optimal returns with high liquidity through active management of the portfolio by investing in high quality debt and money market instruments. Aditya Birla Sun Life Dynamic Bond Fund is a Debt - Dynamic Bond fund was launched on 27 Sep 04. It is a fund with Moderate risk and has given a Below is the key information for Aditya Birla Sun Life Dynamic Bond 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 (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 risks. This income may be complimented by capital appreciation of the portfolio. Accordingly, investments shall predominantly be made in debt and money market instruments. Nippon India Dynamic Bond Fund is a Debt - Dynamic Bond fund was launched on 15 Nov 04. It is a fund with Moderate risk and has given a Below is the key information for Nippon India Dynamic Bond Fund Returns up to 1 year are on (Erstwhile ICICI Prudential Long Term Gilt Fund) To generate income through investment in Gilts of various maturities. ICICI Prudential Gilt Fund is a Debt - Government Bond fund was launched on 19 Aug 99. It is a fund with Moderate risk and has given a Below is the key information for ICICI Prudential Gilt Fund Returns up to 1 year are on (Erstwhile ICICI Prudential Income Opportunities Fund) ICICI Prudential Income Opportunities Fund is an open-ended income fund that intends to generate income through investments in a range of debt and money market instruments of various credit ratings and maturities ICICI Prudential Bond Fund is a Debt - Medium to Long term fund was launched on 18 Aug 08. It is a fund with Moderate risk and has given a Below is the key information for ICICI Prudential Bond Fund Returns up to 1 year are on 1. Aditya Birla Sun Life Medium Term Plan
CAGR/Annualized return of 8.9% since its launch. Ranked 6 in Medium term Bond category. Return for 2024 was 10.5% , 2023 was 6.9% and 2022 was 24.8% . Aditya Birla Sun Life Medium Term Plan
Growth Launch Date 25 Mar 09 NAV (09 Jun 25) ₹39.9611 ↓ -0.02 (-0.04 %) Net Assets (Cr) ₹2,338 on 30 Apr 25 Category Debt - Medium term Bond AMC Birla Sun Life Asset Management Co Ltd Rating ☆☆☆☆ Risk Moderate Expense Ratio 1.55 Sharpe Ratio 3.38 Information Ratio 0 Alpha Ratio 0 Min Investment 1,000 Min SIP Investment 1,000 Exit Load 0-365 Days (1%),365 Days and above(NIL) Yield to Maturity 7.68% Effective Maturity 4 Years 9 Months 29 Days Modified Duration 3 Years 7 Months 6 Days Growth of 10,000 investment over the years.
Date Value 31 May 20 ₹10,000 31 May 21 ₹11,629 31 May 22 ₹12,463 31 May 23 ₹15,465 31 May 24 ₹16,460 31 May 25 ₹18,878 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 9 Jun 25 Duration Returns 1 Month 1.4% 3 Month 4% 6 Month 7.9% 1 Year 15.1% 3 Year 15% 5 Year 13.6% 10 Year 15 Year Since launch 8.9% Historical performance (Yearly) on absolute basis
Year Returns 2024 10.5% 2023 6.9% 2022 24.8% 2021 7.1% 2020 8.1% 2019 -4.4% 2018 5.6% 2017 7% 2016 10.9% 2015 9.5% Fund Manager information for Aditya Birla Sun Life Medium Term Plan
Name Since Tenure Sunaina Cunha 1 Sep 14 10.75 Yr. Mohit Sharma 6 Aug 20 4.82 Yr. Data below for Aditya Birla Sun Life Medium Term Plan as on 30 Apr 25
Asset Allocation
Asset Class Value Cash 2.24% Equity 4.31% Debt 93.21% Other 0.24% Debt Sector Allocation
Sector Value Corporate 61.21% Government 32% Cash Equivalent 2.24% Credit Quality
Rating Value A 2.18% AA 42.15% AAA 53.35% BBB 2.31% Top Securities Holdings / Portfolio
Name Holding Value Quantity 7.18% Govt Stock 2033
Sovereign Bonds | -8% ₹195 Cr 18,500,000
↓ -14,500,000 6.79% Govt Stock 2034
Sovereign Bonds | -7% ₹155 Cr 15,000,000
↑ 11,500,000 7.1% Govt Stock 2034
Sovereign Bonds | -5% ₹128 Cr 12,196,700
↓ -500,000 Small Industries Development Bank Of India
Debentures | -4% ₹102 Cr 10,000 Nuvama Wealth Finance Ltd
Debentures | -4% ₹95 Cr 9,500 National Bank For Financing Infrastructure And Development
Debentures | -3% ₹72 Cr 7,000 360 One Prime Ltd. 9.4%
Debentures | -3% ₹65 Cr 6,500 SK Finance Limited
Debentures | -3% ₹65 Cr 6,500 Narayana Hrudayalaya Limited
Debentures | -3% ₹61 Cr 6,000 Vedanta Limited
Debentures | -3% ₹60 Cr 6,000 2. ICICI Prudential Constant Maturity Gilt Fund
CAGR/Annualized return of 8.9% since its launch. Ranked 6 in 10 Yr Govt Bond category. Return for 2024 was 9.3% , 2023 was 7.7% and 2022 was 1.2% . ICICI Prudential Constant Maturity Gilt Fund
Growth Launch Date 12 Sep 14 NAV (09 Jun 25) ₹24.8329 ↓ -0.11 (-0.43 %) Net Assets (Cr) ₹2,531 on 30 Apr 25 Category Debt - 10 Yr Govt Bond AMC ICICI Prudential Asset Management Company Limited Rating ☆☆☆ Risk Moderate Expense Ratio 0.39 Sharpe Ratio 2.25 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 6.48% Effective Maturity 9 Years 6 Months 7 Days Modified Duration 6 Years 10 Months 2 Days Growth of 10,000 investment over the years.
Date Value 31 May 20 ₹10,000 31 May 21 ₹10,485 31 May 22 ₹10,390 31 May 23 ₹11,408 31 May 24 ₹12,129 31 May 25 ₹13,599 Returns for ICICI Prudential Constant Maturity Gilt Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 9 Jun 25 Duration Returns 1 Month 0.9% 3 Month 4.9% 6 Month 6.7% 1 Year 12% 3 Year 9.5% 5 Year 6.4% 10 Year 15 Year Since launch 8.9% Historical performance (Yearly) on absolute basis
Year Returns 2024 9.3% 2023 7.7% 2022 1.2% 2021 2.8% 2020 13.6% 2019 12.8% 2018 9.7% 2017 2.4% 2016 16.2% 2015 6.9% Fund Manager information for ICICI Prudential Constant Maturity Gilt Fund
Name Since Tenure Manish Banthia 22 Jan 24 1.36 Yr. Raunak Surana 22 Jan 24 1.36 Yr. Data below for ICICI Prudential Constant Maturity Gilt Fund as on 30 Apr 25
Asset Allocation
Asset Class Value Cash 2.42% Debt 97.58% Debt Sector Allocation
Sector Value Government 97.58% Cash Equivalent 2.42% Credit Quality
Rating Value AAA 100% Top Securities Holdings / Portfolio
Name Holding Value Quantity 6.79% Govt Stock 2034
Sovereign Bonds | -34% ₹857 Cr 82,722,750
↑ 58,673,450 7.1% Govt Stock 2034
Sovereign Bonds | -28% ₹720 Cr 68,299,000
↓ -41,257,400 6.64% Govt Stock 2035
Sovereign Bonds | -26% ₹650 Cr 63,500,000
↓ -20,000,000 7.18% Govt Stock 2037
Sovereign Bonds | -6% ₹149 Cr 14,000,000 6.19% Govt Stock 2034
Sovereign Bonds | -2% ₹50 Cr 5,000,000 6.92% Govt Stock 2039
Sovereign Bonds | -1% ₹26 Cr 2,500,000
↑ 2,500,000 6.67% Govt Stock 2035
Sovereign Bonds | -1% ₹26 Cr 2,500,000 India (Republic of)
Sovereign Bonds | -0% ₹4 Cr 441,450
↑ 441,450 7.18% Govt Stock 2033
Sovereign Bonds | -0% ₹1 Cr 72,600 Net Current Assets
Net Current Assets | -1% ₹33 Cr 3. Aditya Birla Sun Life Dynamic Bond Fund
CAGR/Annualized return of 7.7% since its launch. Ranked 16 in Dynamic Bond category. Return for 2024 was 8.8% , 2023 was 6.9% and 2022 was 6% . Aditya Birla Sun Life Dynamic Bond Fund
Growth Launch Date 27 Sep 04 NAV (09 Jun 25) ₹46.6445 ↓ -0.15 (-0.31 %) Net Assets (Cr) ₹1,837 on 30 Apr 25 Category Debt - Dynamic Bond AMC Birla Sun Life Asset Management Co Ltd Rating ☆☆☆ Risk Moderate Expense Ratio 1.21 Sharpe Ratio 1.82 Information Ratio 0 Alpha Ratio 0 Min Investment 1,000 Min SIP Investment 1,000 Exit Load 0-90 Days (0.5%),90 Days and above(NIL) Yield to Maturity 7.15% Effective Maturity 11 Years 4 Months 17 Days Modified Duration 6 Years 10 Months 2 Days Growth of 10,000 investment over the years.
Date Value 31 May 20 ₹10,000 31 May 21 ₹10,897 31 May 22 ₹11,155 31 May 23 ₹12,283 31 May 24 ₹13,120 31 May 25 ₹14,578 Returns for Aditya Birla Sun Life Dynamic Bond Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 9 Jun 25 Duration Returns 1 Month 0.9% 3 Month 4.7% 6 Month 6.1% 1 Year 11% 3 Year 9.4% 5 Year 7.8% 10 Year 15 Year Since launch 7.7% Historical performance (Yearly) on absolute basis
Year Returns 2024 8.8% 2023 6.9% 2022 6% 2021 4.9% 2020 9.7% 2019 -0.9% 2018 5.7% 2017 2.2% 2016 14% 2015 7.4% Fund Manager information for Aditya Birla Sun Life Dynamic Bond Fund
Name Since Tenure Mohit Sharma 22 Mar 21 4.2 Yr. Bhupesh Bameta 6 Aug 20 4.82 Yr. Data below for Aditya Birla Sun Life Dynamic Bond Fund as on 30 Apr 25
Asset Allocation
Asset Class Value Cash 3.1% Debt 96.64% Other 0.27% Debt Sector Allocation
Sector Value Government 52.76% Corporate 43.87% Cash Equivalent 3.1% Credit Quality
Rating Value A 2.28% AA 13.16% AAA 84.57% Top Securities Holdings / Portfolio
Name Holding Value Quantity 7.18% Govt Stock 2037
Sovereign Bonds | -23% ₹424 Cr 40,000,000
↑ 20,000,000 7.23% Govt Stock 2039
Sovereign Bonds | -10% ₹188 Cr 17,577,900
↓ -17,500,000 Power Finance Corporation Limited
Debentures | -7% ₹127 Cr 12,500 6.79% Govt Stock 2034
Sovereign Bonds | -5% ₹98 Cr 9,500,100
↑ 2,000,000 Cholamandalam Investment And Finance Company Limited
Debentures | -4% ₹82 Cr 8,000 Bharti Telecom Limited
Debentures | -4% ₹78 Cr 7,500 7.26% Ntpc Limited
Debentures | -4% ₹77 Cr 7,500 State Bank Of India
Debentures | -4% ₹76 Cr 75 National Bank For Financing Infrastructure And Development
Debentures | -3% ₹62 Cr 6,000 7.25% Govt Stock 2063
Sovereign Bonds | -3% ₹53 Cr 5,000,000 4. SBI Magnum Constant Maturity Fund
CAGR/Annualized return of 7.9% since its launch. Ranked 1 in 10 Yr Govt Bond category. Return for 2024 was 9.1% , 2023 was 7.5% and 2022 was 1.3% . SBI Magnum Constant Maturity Fund
Growth Launch Date 30 Dec 00 NAV (09 Jun 25) ₹64.0637 ↓ -0.28 (-0.44 %) Net Assets (Cr) ₹1,886 on 30 Apr 25 Category Debt - 10 Yr Govt Bond AMC SBI Funds Management Private Limited Rating ☆☆☆☆ Risk Moderately Low Expense Ratio 0.64 Sharpe Ratio 2.09 Information Ratio 0 Alpha Ratio 0 Min Investment 5,000 Min SIP Investment 500 Exit Load NIL Yield to Maturity 6.49% Effective Maturity 9 Years 8 Months 26 Days Modified Duration 6 Years 11 Months 1 Day Growth of 10,000 investment over the years.
Date Value 31 May 20 ₹10,000 31 May 21 ₹10,378 31 May 22 ₹10,301 31 May 23 ₹11,309 31 May 24 ₹12,017 31 May 25 ₹13,406 Returns for SBI Magnum Constant Maturity Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 9 Jun 25 Duration Returns 1 Month 0.7% 3 Month 4.5% 6 Month 6.3% 1 Year 11.4% 3 Year 9.3% 5 Year 6% 10 Year 15 Year Since launch 7.9% Historical performance (Yearly) on absolute basis
Year Returns 2024 9.1% 2023 7.5% 2022 1.3% 2021 2.4% 2020 11.6% 2019 11.9% 2018 9.9% 2017 6.2% 2016 12.8% 2015 9.1% Fund Manager information for SBI Magnum Constant Maturity Fund
Name Since Tenure Rajeev Radhakrishnan 1 Nov 23 1.58 Yr. Tejas Soman 1 Dec 23 1.5 Yr. Data below for SBI Magnum Constant Maturity Fund as on 30 Apr 25
Asset Allocation
Asset Class Value Cash 1.41% Debt 98.59% Debt Sector Allocation
Sector Value Government 98.59% Cash Equivalent 1.41% Credit Quality
Rating Value AAA 100% Top Securities Holdings / Portfolio
Name Holding Value Quantity 7.1% Govt Stock 2034
Sovereign Bonds | -71% ₹1,359 Cr 129,000,000 7.18% Govt Stock 2037
Sovereign Bonds | -27% ₹522 Cr 49,000,000
↑ 2,000,000 Treps
CBLO/Reverse Repo | -2% ₹29 Cr Net Receivable / Payable
CBLO | -0% -₹3 Cr 5. ICICI Prudential Long Term Bond Fund
CAGR/Annualized return of 8.5% since its launch. Ranked 12 in Longterm Bond category. Return for 2024 was 10.1% , 2023 was 6.8% and 2022 was 1.3% . ICICI Prudential Long Term Bond Fund
Growth Launch Date 9 Jul 98 NAV (09 Jun 25) ₹90.5189 ↓ -0.28 (-0.31 %) Net Assets (Cr) ₹1,164 on 30 Apr 25 Category Debt - Longterm Bond AMC ICICI Prudential Asset Management Company Limited Rating ☆☆☆☆ Risk Moderate Expense Ratio 1.97 Sharpe Ratio 1.93 Information Ratio 0 Alpha Ratio 0 Min Investment 5,000 Min SIP Investment 1,000 Exit Load NIL Yield to Maturity 6.82% Effective Maturity 20 Years 9 Months 11 Days Modified Duration 8 Years 10 Months 13 Days Growth of 10,000 investment over the years.
Date Value 31 May 20 ₹10,000 31 May 21 ₹10,272 31 May 22 ₹10,050 31 May 23 ₹11,003 31 May 24 ₹11,731 31 May 25 ₹13,081 Returns for ICICI Prudential Long Term Bond Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 9 Jun 25 Duration Returns 1 Month 0.2% 3 Month 4.4% 6 Month 5.8% 1 Year 11.2% 3 Year 9.2% 5 Year 5.5% 10 Year 15 Year Since launch 8.5% Historical performance (Yearly) on absolute basis
Year Returns 2024 10.1% 2023 6.8% 2022 1.3% 2021 0.4% 2020 11% 2019 12.1% 2018 6.8% 2017 4.1% 2016 15.7% 2015 5.1% Fund Manager information for ICICI Prudential Long Term Bond Fund
Name Since Tenure Manish Banthia 22 Jan 24 1.36 Yr. Raunak Surana 22 Jan 24 1.36 Yr. Data below for ICICI Prudential Long Term Bond Fund as on 30 Apr 25
Asset Allocation
Asset Class Value Cash 1.92% Debt 97.84% Other 0.24% Debt Sector Allocation
Sector Value Government 81.7% Corporate 16.14% Cash Equivalent 1.92% Credit Quality
Rating Value AAA 100% Top Securities Holdings / Portfolio
Name Holding Value Quantity 7.34% Govt Stock 2064
Sovereign Bonds | -34% ₹403 Cr 37,701,500 6.79% Govt Stock 2034
Sovereign Bonds | -20% ₹242 Cr 23,381,300
↑ 6,009,900 7.23% Govt Stock 2039
Sovereign Bonds | -6% ₹75 Cr 7,000,000 The Great Eastern Shipping Company Limited
Debentures | -5% ₹54 Cr 536 HDFC Bank Limited
Debentures | -4% ₹52 Cr 5,000 LIC Housing Finance Limited
Debentures | -4% ₹51 Cr 500 7.12% Maharashtra SDL 2038
Sovereign Bonds | -4% ₹51 Cr 4,960,700 6.9% Govt Stock 2065
Sovereign Bonds | -4% ₹51 Cr 5,000,000
↑ 5,000,000 7.14% Maharashtra SDL 2039
Sovereign Bonds | -3% ₹41 Cr 4,000,000 7.09% Govt Stock 2054
Sovereign Bonds | -3% ₹36 Cr 3,500,000 6. Nippon India Dynamic Bond Fund
CAGR/Annualized return of 6.7% since its launch. Return for 2024 was 9% , 2023 was 6.7% and 2022 was 2.4% . Nippon India Dynamic Bond Fund
Growth Launch Date 15 Nov 04 NAV (09 Jun 25) ₹37.7265 ↓ -0.09 (-0.24 %) Net Assets (Cr) ₹4,445 on 30 Apr 25 Category Debt - Dynamic Bond AMC Nippon Life Asset Management Ltd. Rating Risk Moderate Expense Ratio 0.71 Sharpe Ratio 2.51 Information Ratio 0 Alpha Ratio 0 Min Investment 5,000 Min SIP Investment 100 Exit Load 0-12 Months (1%),12 Months and above(NIL) Yield to Maturity 6.6% Effective Maturity 5 Years 1 Month 2 Days Modified Duration 4 Years 1 Month 28 Days Growth of 10,000 investment over the years.
Date Value 31 May 20 ₹10,000 31 May 21 ₹10,463 31 May 22 ₹10,451 31 May 23 ₹11,392 31 May 24 ₹12,128 31 May 25 ₹13,519 Returns for Nippon India Dynamic Bond Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 9 Jun 25 Duration Returns 1 Month 1.7% 3 Month 5% 6 Month 6.6% 1 Year 11.7% 3 Year 9.1% 5 Year 6.3% 10 Year 15 Year Since launch 6.7% Historical performance (Yearly) on absolute basis
Year Returns 2024 9% 2023 6.7% 2022 2.4% 2021 2.7% 2020 11.3% 2019 8.4% 2018 4.7% 2017 3.1% 2016 13.9% 2015 5.7% Fund Manager information for Nippon India Dynamic Bond Fund
Name Since Tenure Vivek Sharma 25 Jun 20 4.93 Yr. Pranay Sinha 31 Mar 21 4.17 Yr. Kinjal Desai 25 May 18 7.02 Yr. Data below for Nippon India Dynamic Bond Fund as on 30 Apr 25
Asset Allocation
Asset Class Value Cash 2.65% Debt 97.07% Other 0.28% Debt Sector Allocation
Sector Value Government 97.07% Cash Equivalent 2.65% Credit Quality
Rating Value AAA 100% Top Securities Holdings / Portfolio
Name Holding Value Quantity 07.83 MH Sdl 2030
Sovereign Bonds | -7% ₹311 Cr 29,400,000 07.78 MH Sgs 2030
Sovereign Bonds | -6% ₹256 Cr 24,100,200 07.04 Tn SDL 2030
Sovereign Bonds | -5% ₹237 Cr 23,078,300 7.17% Govt Stock 2030
Sovereign Bonds | -4% ₹173 Cr 16,500,000 07.70 MH Sgs 2030
Sovereign Bonds | -3% ₹143 Cr 13,500,000 07.76 MH Sgs 2030
Sovereign Bonds | -3% ₹133 Cr 12,500,000 07.02 Tn SDL 2030
Sovereign Bonds | -3% ₹128 Cr 12,500,000 07.86 MH Sdl 2030
Sovereign Bonds | -3% ₹117 Cr 11,000,000 06.65 GJ Sdl 2030
Sovereign Bonds | -3% ₹113 Cr 11,200,000 07.60 MH Sdl 2030
Sovereign Bonds | -2% ₹110 Cr 10,500,000 7. ICICI Prudential Gilt Fund
CAGR/Annualized return of 9.5% since its launch. Ranked 5 in Government Bond category. Return for 2024 was 8.2% , 2023 was 8.3% and 2022 was 3.7% . ICICI Prudential Gilt Fund
Growth Launch Date 19 Aug 99 NAV (09 Jun 25) ₹103.351 ↓ -0.09 (-0.09 %) Net Assets (Cr) ₹7,166 on 30 Apr 25 Category Debt - Government Bond AMC ICICI Prudential Asset Management Company Limited Rating ☆☆☆☆ Risk Moderate Expense Ratio 1.12 Sharpe Ratio 1.98 Information Ratio 0 Alpha Ratio 0 Min Investment 5,000 Min SIP Investment 1,000 Exit Load NIL Yield to Maturity 6.65% Effective Maturity 11 Years 18 Days Modified Duration 5 Years Growth of 10,000 investment over the years.
Date Value 31 May 20 ₹10,000 31 May 21 ₹10,433 31 May 22 ₹10,662 31 May 23 ₹11,565 31 May 24 ₹12,456 31 May 25 ₹13,748 Returns for ICICI Prudential Gilt Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 9 Jun 25 Duration Returns 1 Month 0.7% 3 Month 4.2% 6 Month 5.7% 1 Year 10.3% 3 Year 8.9% 5 Year 6.6% 10 Year 15 Year Since launch 9.5% Historical performance (Yearly) on absolute basis
Year Returns 2024 8.2% 2023 8.3% 2022 3.7% 2021 3.8% 2020 12.6% 2019 10.8% 2018 6.8% 2017 2.1% 2016 18.2% 2015 5.5% Fund Manager information for ICICI Prudential Gilt Fund
Name Since Tenure Manish Banthia 22 Jan 24 1.36 Yr. Raunak Surana 22 Jan 24 1.36 Yr. Data below for ICICI Prudential Gilt Fund as on 30 Apr 25
Asset Allocation
Asset Class Value Cash 15.2% Debt 84.8% Debt Sector Allocation
Sector Value Government 84.8% Cash Equivalent 15.2% Credit Quality
Rating Value AAA 100% Top Securities Holdings / Portfolio
Name Holding Value Quantity 7.1% Govt Stock 2034
Sovereign Bonds | -33% ₹2,425 Cr 230,172,500
↓ -59,393,500 6.79% Govt Stock 2034
Sovereign Bonds | -14% ₹1,015 Cr 98,003,300
↓ -3,448,850 7.81% Govt Stock 2033
Sovereign Bonds | -13% ₹978 Cr 94,096,700 7.34% Govt Stock 2064
Sovereign Bonds | -12% ₹845 Cr 79,038,200 7.12% Maharashtra SDL 2038
Sovereign Bonds | -3% ₹222 Cr 21,496,400 182 DTB 24072025
Sovereign Bonds | -3% ₹198 Cr 20,000,000
↑ 20,000,000 7.14% Maharashtra SDL 2039
Sovereign Bonds | -3% ₹186 Cr 18,000,000 6.9% Govt Stock 2065
Sovereign Bonds | -2% ₹152 Cr 15,000,000
↑ 15,000,000 91 DTB 30052025
Sovereign Bonds | -1% ₹100 Cr 10,000,000
↑ 10,000,000 Chhattisgarh (Government of)
- | -1% ₹87 Cr 8,288,200 8. ICICI Prudential Bond Fund
CAGR/Annualized return of 8.7% since its launch. Ranked 19 in Medium to Long term category. Return for 2024 was 8.6% , 2023 was 7.7% and 2022 was 3.1% . ICICI Prudential Bond Fund
Growth Launch Date 18 Aug 08 NAV (09 Jun 25) ₹40.4462 ↓ -0.07 (-0.17 %) Net Assets (Cr) ₹2,858 on 30 Apr 25 Category Debt - Medium to Long term AMC ICICI Prudential Asset Management Company Limited Rating ☆☆☆ Risk Moderate Expense Ratio 1.11 Sharpe Ratio 2.21 Information Ratio 0 Alpha Ratio 0 Min Investment 5,000 Min SIP Investment 1,000 Exit Load 0-6 Months (1%),6 Months and above(NIL) Yield to Maturity 6.91% Effective Maturity 12 Years 9 Months 7 Days Modified Duration 6 Years 4 Months 13 Days Growth of 10,000 investment over the years.
Date Value 31 May 20 ₹10,000 31 May 21 ₹10,665 31 May 22 ₹10,755 31 May 23 ₹11,670 31 May 24 ₹12,496 31 May 25 ₹13,827 Returns for ICICI Prudential Bond Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 9 Jun 25 Duration Returns 1 Month 0.8% 3 Month 4.2% 6 Month 5.7% 1 Year 10.7% 3 Year 8.9% 5 Year 6.7% 10 Year 15 Year Since launch 8.7% Historical performance (Yearly) on absolute basis
Year Returns 2024 8.6% 2023 7.7% 2022 3.1% 2021 2.9% 2020 11.5% 2019 10.9% 2018 4.6% 2017 5.3% 2016 11.3% 2015 8.5% Fund Manager information for ICICI Prudential Bond Fund
Name Since Tenure Darshil Dedhia 22 Jan 24 1.36 Yr. Rohit Lakhotia 12 Jun 23 1.97 Yr. Data below for ICICI Prudential Bond Fund as on 30 Apr 25
Asset Allocation
Asset Class Value Cash 3.68% Debt 96.02% Other 0.3% Debt Sector Allocation
Sector Value Government 64.94% Corporate 31.08% Cash Equivalent 3.68% Credit Quality
Rating Value AAA 100% Top Securities Holdings / Portfolio
Name Holding Value Quantity 7.1% Govt Stock 2034
Sovereign Bonds | -24% ₹690 Cr 65,521,400
↓ -4,160,200 7.34% Govt Stock 2064
Sovereign Bonds | -13% ₹366 Cr 34,206,000 7.81% Govt Stock 2033
Sovereign Bonds | -7% ₹210 Cr 20,245,450 LIC Housing Finance Limited
Debentures | -6% ₹165 Cr 1,600 HDFC Bank Limited
Debentures | -5% ₹136 Cr 13,200 6.79% Govt Stock 2034
Sovereign Bonds | -5% ₹133 Cr 12,815,750
↑ 2,815,750 Summit Digitel Infrastructure Ltd
Debentures | -4% ₹120 Cr 11,650 HDFC Bank Limited
Debentures | -4% ₹108 Cr 1,100 7.02% Govt Stock 2031
Sovereign Bonds | -3% ₹84 Cr 8,000,000 7.09% Govt Stock 2054
Sovereign Bonds | -3% ₹78 Cr 7,500,000
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.
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