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 2023
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 (Erstwhile Aditya Birla Sun Life Corporate Bond Fund) The investment objective of the Scheme is to generate returns by predominantly investing in a portfolio of corporate debt securities with short to medium term maturities across the credit spectrum within the investment grade. The Scheme does not guarantee/indicate any returns. There can be no assurance that the schemes’ objectives will be achieved. Aditya Birla Sun Life Credit Risk Fund is a Debt - Credit Risk fund was launched on 17 Apr 15. It is a fund with Moderate risk and has given a Below is the key information for Aditya Birla Sun Life Credit Risk Fund Returns up to 1 year are on To generate steady and reasonable income with low risk and high level of liquidity from a portfolio of money market securities and high quality debt. UTI Short Term Income Fund is a Debt - Short term Bond fund was launched on 19 Sep 07. It is a fund with Moderate risk and has given a Below is the key information for UTI Short Term Income Fund Returns up to 1 year are on The scheme will endeavour to generate an attractive return for its investors consistent with capital preservation and liquidity by investing in a portfolio of quality debt securities, money market instruments and structured obligations. UTI Treasury Advantage Fund is a Debt - Low Duration fund was launched on 23 Apr 07. It is a fund with Moderately Low risk and has given a Below is the key information for UTI Treasury Advantage Fund Returns up to 1 year are on (Erstwhile HDFC Corporate Debt Opportunities Fund) To generate regular income and capital appreciation by investing predominantly in corporate debt. HDFC Credit Risk Debt Fund is a Debt - Credit Risk fund was launched on 25 Mar 14. It is a fund with Moderate risk and has given a Below is the key information for HDFC Credit Risk Debt Fund Returns up to 1 year are on The fund’s objective is to provide reasonable returns, by maintaining an optimum balance of safety, liquidity and yield, through investments in a basket of debt and money market instruments with a view to delivering consistent performance. However, there can be no assurance that the investment objective of the Scheme will be realized. ICICI Prudential Regular Savings Fund is a Debt - Credit Risk fund was launched on 3 Dec 10. It is a fund with Moderate risk and has given a Below is the key information for ICICI Prudential Regular Savings 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 An Open ended Income scheme with the objective to generate regular income by investing primarily in investment grade fixed income securities / money market instruments with short to medium term maturities and across the credit spectrum within the universe of investment grade rating. Aditya Birla Sun Life Short Term Opportunities Fund is a Debt - Short term Bond fund was launched on 9 May 03. It is a fund with Moderate risk and has given a Below is the key information for Aditya Birla Sun Life Short Term Opportunities Fund Returns up to 1 year are on 1. Aditya Birla Sun Life Medium Term Plan
CAGR/Annualized return of 8.6% since its launch. Ranked 6 in Medium term Bond category. Return for 2022 was 24.8% , 2021 was 7.1% and 2020 was 8.1% . Aditya Birla Sun Life Medium Term Plan
Growth Launch Date 25 Mar 09 NAV (28 Mar 23) ₹31.9456 ↓ -0.01 (-0.04 %) Net Assets (Cr) ₹1,652 on 28 Feb 23 Category Debt - Medium term Bond AMC Birla Sun Life Asset Management Co Ltd Rating ☆☆☆☆ Risk Moderate Expense Ratio 1.56 Sharpe Ratio 0.91 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 8.15% Effective Maturity 4 Years 3 Months 11 Days Modified Duration 2 Years 9 Months 11 Days Growth of 10,000 investment over the years.
Date Value 28 Feb 18 ₹10,000 28 Feb 19 ₹10,365 29 Feb 20 ₹10,162 28 Feb 21 ₹11,033 28 Feb 22 ₹12,137 28 Feb 23 ₹14,633 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 Mar 23 Duration Returns 1 Month 0.7% 3 Month 1.5% 6 Month 3.4% 1 Year 21% 3 Year 13.4% 5 Year 7.8% 10 Year 15 Year Since launch 8.6% Historical performance (Yearly) on absolute basis
Year Returns 2022 24.8% 2021 7.1% 2020 8.1% 2019 -4.4% 2018 5.6% 2017 7% 2016 10.9% 2015 9.5% 2014 12% 2013 10.2% Fund Manager information for Aditya Birla Sun Life Medium Term Plan
Name Since Tenure Sunaina Cunha 1 Sep 14 8.5 Yr. Mohit Sharma 6 Aug 20 2.57 Yr. Data below for Aditya Birla Sun Life Medium Term Plan as on 28 Feb 23
Asset Allocation
Asset Class Value Cash 7.68% Equity 2.48% Debt 89.84% Debt Sector Allocation
Sector Value Government 48.46% Corporate 41.39% Cash Equivalent 7.68% Credit Quality
Rating Value A 4.16% AA 39.71% AAA 56.13% Top Securities Holdings / Portfolio
Name Holding Value Quantity 7.26 8/22/2032 12:00:00 Am
Sovereign Bonds | -14% ₹238 Cr 24,000,000
↑ 4,000,000 6.54 1/17/2032 12:00:00 Am
Sovereign Bonds | -7% ₹113 Cr 12,000,000 Shriram Finance Limited
Debentures | -6% ₹101 Cr 1,000 National Bank For Agriculture And Rural Development
Debentures | -5% ₹80 Cr 8,000 7.38 6/20/2027 12:00:00 Am
Sovereign Bonds | -4% ₹65 Cr 6,500,000 Mahindra Rural Housing Finance Limited
Debentures | -3% ₹50 Cr 500 Bharti Hexacom Limited
Debentures | -3% ₹47 Cr 480 Tata Realty And Infrastructure Limited
Debentures | -3% ₹47 Cr 480 JM Financial Credit Solutions Limited
Debentures | -3% ₹44 Cr 440 IRB InvIT Fund Units 2017-Series IV (Industrials)
Equity, Since 31 May 18 | 5405262% ₹41 Cr 5,820,000 2. Aditya Birla Sun Life Credit Risk Fund
CAGR/Annualized return of 7.2% since its launch. Return for 2022 was 7.1% , 2021 was 6.4% and 2020 was 9.4% . Aditya Birla Sun Life Credit Risk Fund
Growth Launch Date 17 Apr 15 NAV (28 Mar 23) ₹17.411 ↓ 0.00 (-0.03 %) Net Assets (Cr) ₹1,032 on 28 Feb 23 Category Debt - Credit Risk AMC Birla Sun Life Asset Management Co Ltd Rating Risk Moderate Expense Ratio 1.81 Sharpe Ratio 0.6 Information Ratio 0 Alpha Ratio 0 Min Investment 1,000 Min SIP Investment 100 Exit Load 0-365 Days (1%),365 Days and above(NIL) Yield to Maturity 8.39% Effective Maturity 2 Years 6 Months 14 Days Modified Duration 1 Year 7 Months 2 Days Growth of 10,000 investment over the years.
Date Value 28 Feb 18 ₹10,000 28 Feb 19 ₹10,592 29 Feb 20 ₹10,978 28 Feb 21 ₹11,914 28 Feb 22 ₹12,647 28 Feb 23 ₹13,575 Returns for Aditya Birla Sun Life Credit Risk Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 28 Mar 23 Duration Returns 1 Month 0.6% 3 Month 1.5% 6 Month 3.2% 1 Year 7.4% 3 Year 7.5% 5 Year 6.1% 10 Year 15 Year Since launch 7.2% Historical performance (Yearly) on absolute basis
Year Returns 2022 7.1% 2021 6.4% 2020 9.4% 2019 2.1% 2018 6.6% 2017 8.1% 2016 10.3% 2015 2014 2013 Fund Manager information for Aditya Birla Sun Life Credit Risk Fund
Name Since Tenure Sunaina Cunha 17 Apr 15 7.88 Yr. Mohit Sharma 6 Aug 20 2.57 Yr. Data below for Aditya Birla Sun Life Credit Risk Fund as on 28 Feb 23
Asset Allocation
Asset Class Value Cash 6.34% Equity 0.65% Debt 93.01% Debt Sector Allocation
Sector Value Corporate 62.88% Government 30.13% Cash Equivalent 6.34% Credit Quality
Rating Value A 6.66% AA 61% AAA 32.34% Top Securities Holdings / Portfolio
Name Holding Value Quantity Shriram Finance Limited
Debentures | -10% ₹101 Cr 1,000 7.26 8/22/2032 12:00:00 Am
Sovereign Bonds | -6% ₹60 Cr 6,000,000
↑ 1,000,000 National Bank For Agriculture And Rural Development
Debentures | -4% ₹45 Cr 4,500 Tata Realty And Infrastructure Limited
Debentures | -4% ₹41 Cr 420 JM Financial Credit Solutions Limited
Debentures | -4% ₹37 Cr 370 Bharti Hexacom Limited
Debentures | -3% ₹34 Cr 350 Steel Authority Of India Limited
Debentures | -3% ₹30 Cr 300 The Tata Power Company Limited
Debentures | -3% ₹30 Cr 300 JSW Steel Limited
Debentures | -3% ₹30 Cr 300
↑ 300 Varanasi Sangam Expressway Private Limited
Debentures | -3% ₹28 Cr 300 3. UTI Short Term Income Fund
CAGR/Annualized return of 6.5% since its launch. Ranked 10 in Short term Bond category. Return for 2022 was 3.8% , 2021 was 8.4% and 2020 was 10.5% . UTI Short Term Income Fund
Growth Launch Date 19 Sep 07 NAV (28 Mar 23) ₹26.7047 ↓ 0.00 (-0.01 %) Net Assets (Cr) ₹2,270 on 28 Feb 23 Category Debt - Short term Bond AMC UTI Asset Management Company Ltd Rating ☆☆☆☆ Risk Moderate Expense Ratio 0.94 Sharpe Ratio -1.44 Information Ratio 0 Alpha Ratio 0 Min Investment 10,000 Min SIP Investment 500 Exit Load NIL Yield to Maturity 7.77% Effective Maturity 2 Years 3 Months Modified Duration 1 Year 7 Months 28 Days Growth of 10,000 investment over the years.
Date Value 28 Feb 18 ₹10,000 28 Feb 19 ₹10,623 29 Feb 20 ₹10,329 28 Feb 21 ₹11,146 28 Feb 22 ₹12,187 28 Feb 23 ₹12,681 Returns for UTI Short Term Income Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 28 Mar 23 Duration Returns 1 Month 0.7% 3 Month 1.5% 6 Month 3.1% 1 Year 4.4% 3 Year 7.4% 5 Year 4.8% 10 Year 15 Year Since launch 6.5% Historical performance (Yearly) on absolute basis
Year Returns 2022 3.8% 2021 8.4% 2020 10.5% 2019 -3.9% 2018 6% 2017 6.1% 2016 10.1% 2015 8.3% 2014 10.9% 2013 9% Fund Manager information for UTI Short Term Income Fund
Name Since Tenure Sudhir Agarwal 25 Oct 12 10.35 Yr. Data below for UTI Short Term Income Fund as on 28 Feb 23
Asset Allocation
Asset Class Value Cash 19.41% Debt 80.59% Debt Sector Allocation
Sector Value Corporate 61.31% Government 25.69% Cash Equivalent 12.99% Credit Quality
Rating Value AA 16.65% AAA 83.35% Top Securities Holdings / Portfolio
Name Holding Value Quantity 7.38 6/20/2027 12:00:00 Am
Sovereign Bonds | -12% ₹271 Cr 2,700,000,000
↓ -1,000,000,000 Rural Electrification Corporation Limited
Debentures | -9% ₹205 Cr 20,500
↑ 20,500 Power Finance Corporation Ltd.
Debentures | -9% ₹200 Cr 20,000 Axis Finance Limited
Debentures | -7% ₹160 Cr 1,600 Small Industries Development Bank Of India
Debentures | -7% ₹149 Cr 1,500 National Bank For Agriculture And Rural Development
Debentures | -4% ₹100 Cr 10,000 National Bank For Agriculture And Rural Development
Debentures | -4% ₹99 Cr 1,000 India Grid TRust
Debentures | -3% ₹74 Cr 750 Mahindra Rural Housing Finance Limited
Debentures | -3% ₹69 Cr 700 Can Fin Homes Limited
Debentures | -3% ₹63 Cr 650 4. UTI Treasury Advantage Fund
CAGR/Annualized return of 7.1% since its launch. Ranked 15 in Low Duration category. Return for 2022 was 4.5% , 2021 was 9% and 2020 was 7.3% . UTI Treasury Advantage Fund
Growth Launch Date 23 Apr 07 NAV (28 Mar 23) ₹2,999.74 ↑ 0.38 (0.01 %) Net Assets (Cr) ₹2,566 on 28 Feb 23 Category Debt - Low Duration AMC UTI Asset Management Company Ltd Rating ☆☆☆☆ Risk Moderately Low Expense Ratio 0.43 Sharpe Ratio -1.17 Information Ratio 0 Alpha Ratio 0 Min Investment 10,000 Min SIP Investment 500 Exit Load NIL Yield to Maturity 7.35% Effective Maturity 9 Months Modified Duration 7 Months 20 Days Growth of 10,000 investment over the years.
Date Value 28 Feb 18 ₹10,000 28 Feb 19 ₹10,747 29 Feb 20 ₹10,301 28 Feb 21 ₹10,954 28 Feb 22 ₹11,968 28 Feb 23 ₹12,551 Returns for UTI Treasury Advantage Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 28 Mar 23 Duration Returns 1 Month 0.6% 3 Month 1.6% 6 Month 3.2% 1 Year 5.1% 3 Year 6.9% 5 Year 4.6% 10 Year 15 Year Since launch 7.1% Historical performance (Yearly) on absolute basis
Year Returns 2022 4.5% 2021 9% 2020 7.3% 2019 -4.2% 2018 7.3% 2017 7% 2016 8.9% 2015 8.8% 2014 9.3% 2013 9.6% Fund Manager information for UTI Treasury Advantage Fund
Name Since Tenure Anurag Mittal 1 Dec 21 1.25 Yr. Data below for UTI Treasury Advantage Fund as on 28 Feb 23
Asset Allocation
Asset Class Value Cash 62.61% Debt 37.39% Debt Sector Allocation
Sector Value Corporate 47.13% Government 26.63% Cash Equivalent 26.24% Credit Quality
Rating Value AA 16.19% AAA 83.81% Top Securities Holdings / Portfolio
Name Holding Value Quantity Cholamandalam Investment And Fin. Co. Ltd
Debentures | -5% ₹124 Cr 1,250 Axis Finance Limited
Debentures | -5% ₹115 Cr 1,150 Mahindra Rural Housing Finance Limited
Debentures | -3% ₹78 Cr 800 National Bank For Agriculture And Rural Development
Debentures | -3% ₹74 Cr 750 Shriram Finance Limited
Debentures | -2% ₹50 Cr 500 Power Finance Corporation Ltd.
Debentures | -2% ₹50 Cr 5,000
↑ 5,000 National Housing Bank
Debentures | -2% ₹50 Cr 5,000 National Housing Bank
Debentures | -2% ₹50 Cr 500 182 DTB 31082023
Sovereign Bonds | -2% ₹48 Cr 500,000,000
↑ 500,000,000 7.38 6/20/2027 12:00:00 Am
Sovereign Bonds | -2% ₹40 Cr 400,000,000
↑ 400,000,000 5. HDFC Credit Risk Debt Fund
CAGR/Annualized return of 8.1% since its launch. Ranked 9 in Credit Risk category. Return for 2022 was 3.7% , 2021 was 7% and 2020 was 10.9% . HDFC Credit Risk Debt Fund
Growth Launch Date 25 Mar 14 NAV (28 Mar 23) ₹20.211 ↓ -0.01 (-0.07 %) Net Assets (Cr) ₹8,438 on 28 Feb 23 Category Debt - Credit Risk AMC HDFC Asset Management Company Limited Rating ☆☆☆☆ Risk Moderate Expense Ratio 1.54 Sharpe Ratio -1.16 Information Ratio 0 Alpha Ratio 0 Min Investment 5,000 Min SIP Investment 300 Exit Load 0-12 Months (1%),12-18 Months (0.5%),18 Months and above(NIL) Yield to Maturity 8.6% Effective Maturity 2 Years 6 Months 10 Days Modified Duration 1 Year 11 Months 5 Days Growth of 10,000 investment over the years.
Date Value 28 Feb 18 ₹10,000 28 Feb 19 ₹10,595 29 Feb 20 ₹11,706 28 Feb 21 ₹12,738 28 Feb 22 ₹13,669 28 Feb 23 ₹14,175 Returns for HDFC Credit Risk Debt Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 28 Mar 23 Duration Returns 1 Month 0.5% 3 Month 1.3% 6 Month 3% 1 Year 3.9% 3 Year 6.8% 5 Year 7% 10 Year 15 Year Since launch 8.1% Historical performance (Yearly) on absolute basis
Year Returns 2022 3.7% 2021 7% 2020 10.9% 2019 8.6% 2018 5.4% 2017 6.6% 2016 11% 2015 9% 2014 2013 Fund Manager information for HDFC Credit Risk Debt Fund
Name Since Tenure Shobhit Mehrotra 25 Mar 14 8.94 Yr. Priya Ranjan 1 May 22 0.83 Yr. Data below for HDFC Credit Risk Debt Fund as on 28 Feb 23
Asset Allocation
Asset Class Value Cash 10.59% Equity 1.48% Debt 87.93% Debt Sector Allocation
Sector Value Corporate 75.52% Government 13.01% Cash Equivalent 10% Credit Quality
Rating Value A 5.14% AA 58.19% AAA 36.67% Top Securities Holdings / Portfolio
Name Holding Value Quantity Bharti Hexacom Limited
Debentures | -4% ₹354 Cr 3,600 7.1 4/18/2029 12:00:00 Am
Sovereign Bonds | -4% ₹346 Cr 35,000,000 Pipeline Infrastructure Limited
Debentures | -4% ₹324 Cr 3,200 Power Finance Corporation Ltd.
Debentures | -3% ₹295 Cr 2,790 Dlf Cyber City Developers Ltd
Debentures | -3% ₹266 Cr 2,750 Ongc Petro Additions Limited
Debentures | -3% ₹255 Cr 25,500
↑ 25,500 The Tata Power Company Limited
Debentures | -3% ₹219 Cr 2,030 TATA Motors Limited
Debentures | -2% ₹201 Cr 2,000 Hinduja Leyland Finance Limited
Debentures | -2% ₹197 Cr 2,000 TVS Credit Services Limited
Debentures | -2% ₹197 Cr 200 6. ICICI Prudential Regular Savings Fund
CAGR/Annualized return of 8.2% since its launch. Ranked 26 in Credit Risk category. Return for 2022 was 5.1% , 2021 was 6.2% and 2020 was 9.8% . ICICI Prudential Regular Savings Fund
Growth Launch Date 3 Dec 10 NAV (28 Mar 23) ₹26.4211 ↓ -0.03 (-0.11 %) Net Assets (Cr) ₹7,584 on 28 Feb 23 Category Debt - Credit Risk AMC ICICI Prudential Asset Management Company Limited Rating ☆ Risk Moderate Expense Ratio 1.53 Sharpe Ratio -0.83 Information Ratio 0 Alpha Ratio 0 Min Investment 10,000 Min SIP Investment 100 Exit Load 0-1 Years (1%),1 Years and above(NIL) Yield to Maturity 9.02% Effective Maturity 2 Years 4 Months 24 Days Modified Duration 1 Year 3 Months 11 Days Growth of 10,000 investment over the years.
Date Value 28 Feb 18 ₹10,000 28 Feb 19 ₹10,682 29 Feb 20 ₹11,839 28 Feb 21 ₹12,761 28 Feb 22 ₹13,663 28 Feb 23 ₹14,285 Returns for ICICI Prudential Regular Savings Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 28 Mar 23 Duration Returns 1 Month 0.8% 3 Month 1.4% 6 Month 3.2% 1 Year 5.1% 3 Year 6.7% 5 Year 7.3% 10 Year 15 Year Since launch 8.2% Historical performance (Yearly) on absolute basis
Year Returns 2022 5.1% 2021 6.2% 2020 9.8% 2019 9.5% 2018 6.6% 2017 6.8% 2016 9.5% 2015 9% 2014 11% 2013 7.5% Fund Manager information for ICICI Prudential Regular Savings Fund
Name Since Tenure Manish Banthia 7 Nov 16 6.31 Yr. Akhil Kakkar 3 Jun 17 5.74 Yr. Data below for ICICI Prudential Regular Savings Fund as on 28 Feb 23
Asset Allocation
Asset Class Value Cash 17.69% Equity 3.91% Debt 78.4% Debt Sector Allocation
Sector Value Corporate 72.65% Government 12.25% Cash Equivalent 11.01% Securitized 0.18% Credit Quality
Rating Value A 15.8% AA 55.37% AAA 28.83% Top Securities Holdings / Portfolio
Name Holding Value Quantity Prestige Estates Projects Limited
Debentures | -3% ₹250 Cr 2,500 Embassy Office Parks REIT (Real Estate)
-, Since 31 Jul 20 | 5426023% ₹247 Cr 8,190,801
↑ 313,739 Nayara Energy Limited
Debentures | -3% ₹243 Cr 2,500 7.26 8/22/2032 12:00:00 Am
Sovereign Bonds | -3% ₹234 Cr 23,523,750 182 DTB 16032023
Sovereign Bonds | -3% ₹200 Cr 20,000,000 Ongc Petro Additions Limited
Debentures | -3% ₹195 Cr 2,000 7.38 6/20/2027 12:00:00 Am
Sovereign Bonds | -2% ₹183 Cr 18,250,000 The Great Eastern Shipping Company Limited
Debentures | -2% ₹172 Cr 1,743 JM Financial Credit Solutions Limited
Debentures | -2% ₹168 Cr 1,700 Dlf Limited
Debentures | -2% ₹165 Cr 1,650 7. Aditya Birla Sun Life Dynamic Bond Fund
CAGR/Annualized return of 7.6% since its launch. Ranked 16 in Dynamic Bond category. Return for 2022 was 6% , 2021 was 4.9% and 2020 was 9.7% . Aditya Birla Sun Life Dynamic Bond Fund
Growth Launch Date 27 Sep 04 NAV (28 Mar 23) ₹38.6248 ↓ -0.02 (-0.04 %) Net Assets (Cr) ₹1,795 on 28 Feb 23 Category Debt - Dynamic Bond AMC Birla Sun Life Asset Management Co Ltd Rating ☆☆☆ Risk Moderate Expense Ratio 1.64 Sharpe Ratio 0.24 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 7.91% Effective Maturity 3 Years 6 Months 29 Days Modified Duration 2 Years 8 Months 19 Days Growth of 10,000 investment over the years.
Date Value 28 Feb 18 ₹10,000 28 Feb 19 ₹10,608 29 Feb 20 ₹10,858 28 Feb 21 ₹11,612 28 Feb 22 ₹12,278 28 Feb 23 ₹13,053 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 28 Mar 23 Duration Returns 1 Month 0.8% 3 Month 1.5% 6 Month 3.2% 1 Year 7% 3 Year 6.7% 5 Year 5.2% 10 Year 15 Year Since launch 7.6% Historical performance (Yearly) on absolute basis
Year Returns 2022 6% 2021 4.9% 2020 9.7% 2019 -0.9% 2018 5.7% 2017 2.2% 2016 14% 2015 7.4% 2014 14.8% 2013 6.8% Fund Manager information for Aditya Birla Sun Life Dynamic Bond Fund
Name Since Tenure Mohit Sharma 22 Mar 21 1.94 Yr. Bhupesh Bameta 6 Aug 20 2.57 Yr. Data below for Aditya Birla Sun Life Dynamic Bond Fund as on 28 Feb 23
Asset Allocation
Asset Class Value Cash 5.62% Debt 94.38% Debt Sector Allocation
Sector Value Government 50.64% Corporate 43.24% Cash Equivalent 5.62% Securitized 0.5% Credit Quality
Rating Value A 1.78% AA 29.23% AAA 68.99% Top Securities Holdings / Portfolio
Name Holding Value Quantity 7.26 8/22/2032 12:00:00 Am
Sovereign Bonds | -16% ₹288 Cr 29,000,000
↑ 4,500,000 6.54 1/17/2032 12:00:00 Am
Sovereign Bonds | -7% ₹118 Cr 12,500,000 Rural Electrification Corporation Limited
Debentures | -6% ₹100 Cr 10,000 National Bank For Agriculture And Rural Development
Debentures | -6% ₹99 Cr 10,000
↑ 10,000 National Bank For Agriculture And Rural Development
Debentures | -4% ₹80 Cr 8,000 7.38 6/20/2027 12:00:00 Am
Sovereign Bonds | -3% ₹60 Cr 6,000,000 Mahindra Rural Housing Finance Limited
Debentures | -3% ₹45 Cr 450 Bharti Hexacom Limited
Debentures | -3% ₹45 Cr 460 Tata Realty And Infrastructure Limited
Debentures | -3% ₹45 Cr 460 JM Financial Credit Solutions Limited
Debentures | -2% ₹40 Cr 400 8. Aditya Birla Sun Life Short Term Opportunities Fund
CAGR/Annualized return of 7.2% since its launch. Ranked 18 in Short term Bond category. Return for 2022 was 4.2% , 2021 was 3.8% and 2020 was 11.1% . Aditya Birla Sun Life Short Term Opportunities Fund
Growth Launch Date 9 May 03 NAV (28 Mar 23) ₹40.0307 ↓ -0.01 (-0.03 %) Net Assets (Cr) ₹5,045 on 28 Feb 23 Category Debt - Short term Bond AMC Birla Sun Life Asset Management Co Ltd Rating ☆☆☆☆ Risk Moderate Expense Ratio 1.11 Sharpe Ratio -0.92 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 8.02% Effective Maturity 2 Years 6 Months 14 Days Modified Duration 2 Years 7 Days Growth of 10,000 investment over the years.
Date Value 28 Feb 18 ₹10,000 28 Feb 19 ₹10,696 29 Feb 20 ₹11,629 28 Feb 21 ₹12,732 28 Feb 22 ₹13,359 28 Feb 23 ₹13,944 Returns for Aditya Birla Sun Life Short Term Opportunities Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 28 Mar 23 Duration Returns 1 Month 0.7% 3 Month 1.5% 6 Month 3.1% 1 Year 4.7% 3 Year 6.5% 5 Year 6.8% 10 Year 15 Year Since launch 7.2% Historical performance (Yearly) on absolute basis
Year Returns 2022 4.2% 2021 3.8% 2020 11.1% 2019 8.5% 2018 6.5% 2017 5.6% 2016 11.3% 2015 8.4% 2014 11.3% 2013 10.1% Fund Manager information for Aditya Birla Sun Life Short Term Opportunities Fund
Name Since Tenure Kaustubh Gupta 11 Sep 14 8.47 Yr. Mohit Sharma 6 Aug 20 2.57 Yr. Data below for Aditya Birla Sun Life Short Term Opportunities Fund as on 28 Feb 23
Asset Allocation
Asset Class Value Cash 6.38% Debt 93.62% Debt Sector Allocation
Sector Value Corporate 50.21% Government 42.86% Cash Equivalent 3.52% Securitized 3.42% Credit Quality
Rating Value AA 20.66% AAA 79.34% Top Securities Holdings / Portfolio
Name Holding Value Quantity 7.26 8/22/2032 12:00:00 Am
Sovereign Bonds | -8% ₹422 Cr 42,511,700
↑ 5,000,000 National Bank For Agriculture And Rural Development
Debentures | -6% ₹297 Cr 30,000
↑ 30,000 7.38 6/20/2027 12:00:00 Am
Sovereign Bonds | -3% ₹176 Cr 17,500,000
↑ 5,000,000 Housing Development Finance Corporation Ltd
Debentures | -3% ₹149 Cr 1,500 National Bank For Agriculture And Rural Development
Debentures | -3% ₹149 Cr 15,000 Shriram Finance Limited
Debentures | -3% ₹141 Cr 1,400 State Bank Of India
Debentures | -3% ₹139 Cr 1,450 Bajaj Housing Finance Limited
Debentures | -3% ₹137 Cr 1,400 State Bank Of India
Debentures | -2% ₹121 Cr 1,204 7.42 9/22/2033 12:00:00 Am
Sovereign Bonds | -2% ₹100 Cr 10,000,000
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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