fincash logo SOLUTIONS
EXPLORE FUNDS
CALCULATORS
LOG IN
SIGN UP

Fincash » Mutual Funds » FD Vs Debt Fund

FD Vs Debt Mutual Fund

Updated on April 8, 2024 , 7244 views

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:

FD-Vs-Debt-Fund

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.

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.

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%)

Last-1-Year-Return(%)-of-Long-Term-Income-Funds

Last-1-Year-Returns-of-Long-term-Gilt-Funds

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 2024

Below is the list of Debt funds having Net Assets/AUM above 1000 Crore and sorted on 3 Year compounded (CAGR) returns.

1. Aditya Birla Sun Life Medium Term Plan

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 CAGR/Annualized return of 8.6% since its launch.  Ranked 6 in Medium term Bond category.  Return for 2023 was 6.9% , 2022 was 24.8% and 2021 was 7.1% .

Below is the key information for Aditya Birla Sun Life Medium Term Plan

Aditya Birla Sun Life Medium Term Plan
Growth
Launch Date 25 Mar 09
NAV (10 Apr 24) ₹34.3602 ↑ 0.05   (0.15 %)
Net Assets (Cr) ₹1,887 on 29 Feb 24
Category Debt - Medium term Bond
AMC Birla Sun Life Asset Management Co Ltd
Rating
Risk Moderate
Expense Ratio 1.52
Sharpe Ratio 0.44
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 8.2%
Effective Maturity 6 Years 4 Months 6 Days
Modified Duration 3 Years 9 Months 14 Days

Growth of 10,000 investment over the years.

DateValue
31 Mar 19₹10,000
31 Mar 20₹9,642
31 Mar 21₹10,594
31 Mar 22₹11,595
31 Mar 23₹14,046
31 Mar 24₹15,075

Aditya Birla Sun Life Medium Term Plan SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual Returns:
%
Total investment amount is ₹180,000
expected amount after 3 Years is ₹206,148.
Net Profit of ₹26,148
Invest Now

Returns for Aditya Birla Sun Life Medium Term Plan

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 10 Apr 24

DurationReturns
1 Month 0.4%
3 Month 1.9%
6 Month 4%
1 Year 6.8%
3 Year 12.3%
5 Year 8.5%
10 Year
15 Year
Since launch 8.6%
Historical performance (Yearly) on absolute basis
YearReturns
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%
2014 12%
Fund Manager information for Aditya Birla Sun Life Medium Term Plan
NameSinceTenure
Sunaina Cunha1 Sep 149.59 Yr.
Mohit Sharma6 Aug 203.65 Yr.
Dhaval Joshi21 Nov 221.36 Yr.

Data below for Aditya Birla Sun Life Medium Term Plan as on 29 Feb 24

Asset Allocation
Asset ClassValue
Cash8.71%
Equity2.12%
Debt88.54%
Other0.63%
Debt Sector Allocation
SectorValue
Government49.81%
Corporate38.73%
Cash Equivalent8.71%
Credit Quality
RatingValue
A3.96%
AA30.68%
AAA64.98%
BB0.38%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
7.26% Govt Stock 2033
Sovereign Bonds | -
24%₹450 Cr44,500,000
7.18% Govt Stock 2033
Sovereign Bonds | -
14%₹267 Cr26,500,000
↓ -2,500,000
7.18% Govt Stock 2037
Sovereign Bonds | -
5%₹101 Cr10,000,000
↑ 1,500,000
Belstar Investment And Finance Private Limited
Debentures | -
3%₹50 Cr5,000
Creditaccess Grameen Limited
Debentures | -
3%₹50 Cr500,000
JSW Steel Limited
Debentures | -
3%₹50 Cr500
Hinduja Housing Finance Limited 8.85%
Debentures | -
2%₹46 Cr4,600
JM Financial Credit Solutions Limited
Debentures | -
2%₹44 Cr440
Nexus Select Trust
Debentures | -
2%₹40 Cr4,000
JM Financial Products Limited
Debentures | -
2%₹40 Cr4,000

2. Nippon India Credit Risk Fund

(Erstwhile Reliance Regular Savings Fund - Debt Plan)

The primary investment objective of this option is to generate optimal returns consistent with moderate level 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 Credit Risk Fund is a Debt - Credit Risk fund was launched on 8 Jun 05. It is a fund with Moderate risk and has given a CAGR/Annualized return of 6.3% since its launch.  Ranked 21 in Credit Risk category.  Return for 2023 was 7.9% , 2022 was 3.9% and 2021 was 13.5% .

Below is the key information for Nippon India Credit Risk Fund

Nippon India Credit Risk Fund
Growth
Launch Date 8 Jun 05
NAV (10 Apr 24) ₹31.4745 ↑ 0.02   (0.06 %)
Net Assets (Cr) ₹1,031 on 29 Feb 24
Category Debt - Credit Risk
AMC Nippon Life Asset Management Ltd.
Rating
Risk Moderate
Expense Ratio 1.64
Sharpe Ratio 1.99
Information Ratio 0
Alpha Ratio 0
Min Investment 500
Min SIP Investment 100
Exit Load 0-12 Months (1%),12 Months and above(NIL)
Yield to Maturity 9.02%
Effective Maturity 2 Years 2 Months 16 Days
Modified Duration 1 Year 10 Months 2 Days

Growth of 10,000 investment over the years.

DateValue
31 Mar 19₹10,000
31 Mar 20₹8,876
31 Mar 21₹9,556
31 Mar 22₹10,773
31 Mar 23₹11,282
31 Mar 24₹12,192

Nippon India Credit Risk 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 Nippon India Credit Risk Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 10 Apr 24

DurationReturns
1 Month 0.8%
3 Month 2%
6 Month 3.9%
1 Year 7.8%
3 Year 8.5%
5 Year 4.1%
10 Year
15 Year
Since launch 6.3%
Historical performance (Yearly) on absolute basis
YearReturns
2023 7.9%
2022 3.9%
2021 13.5%
2020 -5.9%
2019 1.9%
2018 6.1%
2017 7%
2016 10%
2015 8.8%
2014 11%
Fund Manager information for Nippon India Credit Risk Fund
NameSinceTenure
Kinjal Desai25 May 185.86 Yr.
Sushil Budhia1 Feb 204.16 Yr.

Data below for Nippon India Credit Risk Fund as on 29 Feb 24

Asset Allocation
Asset ClassValue
Cash4.42%
Debt95.33%
Other0.25%
Debt Sector Allocation
SectorValue
Corporate84.78%
Government10.55%
Cash Equivalent4.42%
Credit Quality
RatingValue
A23.35%
AA47.98%
AAA28.67%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
Summit Digitel Infrastructure Limited
Debentures | -
6%₹60 Cr620
JSW Steel Limited
Debentures | -
5%₹55 Cr550
7.1% Govt Stock 2029
Sovereign Bonds | -
5%₹50 Cr5,000,000
7.06% Govt Stock 2028
Sovereign Bonds | -
5%₹50 Cr5,000,000
Indinfravit Trust
Debentures | -
5%₹49 Cr5,000
Godrej Properties Limited
Debentures | -
4%₹45 Cr4,500
Greenlam Industries Limited
Debentures | -
4%₹44 Cr450
Prestige Projects Private Limited 11.75%
Debentures | -
4%₹40 Cr4,000
↑ 4,000
DLF Cyber City Developers Limited 8.4%
Debentures | -
4%₹40 Cr4,000
Lodha Developers Private Limited
Debentures | -
4%₹38 Cr378

3. UTI Treasury Advantage Fund

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 CAGR/Annualized return of 7.2% since its launch.  Ranked 15 in Low Duration category.  Return for 2023 was 7.1% , 2022 was 4.5% and 2021 was 9% .

Below is the key information for UTI Treasury Advantage Fund

UTI Treasury Advantage Fund
Growth
Launch Date 23 Apr 07
NAV (10 Apr 24) ₹3,233.18 ↑ 1.94   (0.06 %)
Net Assets (Cr) ₹3,151 on 29 Feb 24
Category Debt - Low Duration
AMC UTI Asset Management Company Ltd
Rating
Risk Moderately Low
Expense Ratio 0.44
Sharpe Ratio 1.13
Information Ratio 0
Alpha Ratio 0
Min Investment 10,000
Min SIP Investment 500
Exit Load NIL
Yield to Maturity 7.59%
Effective Maturity 10 Months 20 Days
Modified Duration 9 Months 7 Days

Growth of 10,000 investment over the years.

DateValue
31 Mar 19₹10,000
31 Mar 20₹9,537
31 Mar 21₹10,145
31 Mar 22₹11,078
31 Mar 23₹11,654
31 Mar 24₹12,511

UTI Treasury Advantage 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 UTI Treasury Advantage Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 10 Apr 24

DurationReturns
1 Month 0.8%
3 Month 1.9%
6 Month 3.7%
1 Year 7.3%
3 Year 7.3%
5 Year 4.6%
10 Year
15 Year
Since launch 7.2%
Historical performance (Yearly) on absolute basis
YearReturns
2023 7.1%
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%
Fund Manager information for UTI Treasury Advantage Fund
NameSinceTenure
Anurag Mittal1 Dec 212.33 Yr.

Data below for UTI Treasury Advantage Fund as on 29 Feb 24

Asset Allocation
Asset ClassValue
Cash57.69%
Debt42.05%
Other0.27%
Debt Sector Allocation
SectorValue
Corporate44.64%
Cash Equivalent39.22%
Government15.88%
Credit Quality
RatingValue
AA6.02%
AAA93.98%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
National Bank For Agriculture And Rural Development
Debentures | -
3%₹100 Cr10,000
↑ 2,500
National Bank For Agriculture And Rural Development
Debentures | -
3%₹100 Cr10,000
Power Finance Corporation Ltd.
Debentures | -
3%₹99 Cr10,000
↑ 5,000
182 DTB 29032024
Sovereign Bonds | -
2%₹75 Cr750,000,000
ICICI Bank Ltd.
Debentures | -
2%₹70 Cr750,000,000
Rural Electrification Corporation Limited
Debentures | -
2%₹55 Cr5,500
7.18% Govt Stock 2033
Sovereign Bonds | -
2%₹50 Cr500,000,000
↑ 250,000,000
Small Industries Development Bank Of India
Debentures | -
2%₹50 Cr5,000
Rural Electrification Corporation Limited
Debentures | -
2%₹50 Cr5,000
Nirma Limited
Debentures | -
2%₹50 Cr5,000

4. UTI Short Term Income Fund

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 CAGR/Annualized return of 6.6% since its launch.  Ranked 10 in Short term Bond category.  Return for 2023 was 6.9% , 2022 was 3.8% and 2021 was 8.4% .

Below is the key information for UTI Short Term Income Fund

UTI Short Term Income Fund
Growth
Launch Date 19 Sep 07
NAV (10 Apr 24) ₹28.813 ↑ 0.00   (0.01 %)
Net Assets (Cr) ₹2,503 on 29 Feb 24
Category Debt - Short term Bond
AMC UTI Asset Management Company Ltd
Rating
Risk Moderate
Expense Ratio 0.95
Sharpe Ratio 0.97
Information Ratio 0
Alpha Ratio 0
Min Investment 10,000
Min SIP Investment 500
Exit Load NIL
Yield to Maturity 7.51%
Effective Maturity 3 Years 7 Months 20 Days
Modified Duration 2 Years 9 Months 18 Days

Growth of 10,000 investment over the years.

DateValue
31 Mar 19₹10,000
31 Mar 20₹9,610
31 Mar 21₹10,419
31 Mar 22₹11,372
31 Mar 23₹11,879
31 Mar 24₹12,787

UTI Short Term 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 UTI Short Term 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 10 Apr 24

DurationReturns
1 Month 0.6%
3 Month 2.1%
6 Month 4.2%
1 Year 7.3%
3 Year 7%
5 Year 5%
10 Year
15 Year
Since launch 6.6%
Historical performance (Yearly) on absolute basis
YearReturns
2023 6.9%
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%
Fund Manager information for UTI Short Term Income Fund
NameSinceTenure
Sudhir Agarwal25 Oct 1211.44 Yr.

Data below for UTI Short Term Income Fund as on 29 Feb 24

Asset Allocation
Asset ClassValue
Cash7.8%
Debt91.98%
Other0.22%
Debt Sector Allocation
SectorValue
Government49.63%
Corporate42.34%
Cash Equivalent7.8%
Credit Quality
RatingValue
AA9.94%
AAA90.06%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
7.37% Govt Stock 2028
Sovereign Bonds | -
16%₹430 Cr4,250,000,000
↓ -1,000,000,000
182 DTB 29082024
Sovereign Bonds | -
13%₹339 Cr3,500,000,000
India (Republic of)
- | -
10%₹266 Cr2,750,000,000
↑ 2,750,000,000
National Bank For Agriculture And Rural Development
Debentures | -
8%₹226 Cr22,500
Power Finance Corporation Ltd.
Debentures | -
7%₹202 Cr20,000
Small Industries Development Bank of India
Debentures | -
7%₹201 Cr20,000
Rural Electrification Corporation Limited
Debentures | -
7%₹183 Cr18,000
LIC Housing Finance Limited
Debentures | -
5%₹125 Cr1,250
↑ 1,250
India Grid TRust
Debentures | -
3%₹75 Cr750
Shriram Finance Limited
Debentures | -
3%₹70 Cr7,000

5. Nippon India Ultra Short Duration Fund

(Erstwhile Reliance Liquid Fund - Cash Plan)

The investment objective of the Scheme is to generate optimal returns consistent with moderate levels of risk and high liquidity. Accordingly, investments shall predominantly be made in Debt and Money Market Instruments.

Nippon India Ultra Short Duration Fund is a Debt - Ultrashort Bond fund was launched on 7 Dec 01. It is a fund with Low risk and has given a CAGR/Annualized return of 6% since its launch.  Ranked 62 in Ultrashort Bond category.  Return for 2023 was 6.7% , 2022 was 4.6% and 2021 was 7.8% .

Below is the key information for Nippon India Ultra Short Duration Fund

Nippon India Ultra Short Duration Fund
Growth
Launch Date 7 Dec 01
NAV (10 Apr 24) ₹3,700.21 ↑ 1.98   (0.05 %)
Net Assets (Cr) ₹5,478 on 29 Feb 24
Category Debt - Ultrashort Bond
AMC Nippon Life Asset Management Ltd.
Rating
Risk Low
Expense Ratio 1.17
Sharpe Ratio -0.75
Information Ratio 0
Alpha Ratio 0
Min Investment 100
Min SIP Investment 100
Exit Load NIL
Yield to Maturity 7.89%
Effective Maturity 5 Months 25 Days
Modified Duration 5 Months 7 Days

Growth of 10,000 investment over the years.

DateValue
31 Mar 19₹10,000
31 Mar 20₹9,975
31 Mar 21₹10,468
31 Mar 22₹11,275
31 Mar 23₹11,861
31 Mar 24₹12,682

Nippon India Ultra Short Duration 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 Nippon India Ultra Short Duration Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 10 Apr 24

DurationReturns
1 Month 0.8%
3 Month 1.9%
6 Month 3.6%
1 Year 7%
3 Year 6.7%
5 Year 4.9%
10 Year
15 Year
Since launch 6%
Historical performance (Yearly) on absolute basis
YearReturns
2023 6.7%
2022 4.6%
2021 7.8%
2020 4.9%
2019 0.9%
2018 7.3%
2017 5.8%
2016 6.8%
2015 7.6%
2014 8.4%
Fund Manager information for Nippon India Ultra Short Duration Fund
NameSinceTenure
Vivek Sharma1 Oct 1310.5 Yr.
Kinjal Desai25 May 185.85 Yr.
Akshay Sharma1 Dec 221.33 Yr.

Data below for Nippon India Ultra Short Duration Fund as on 29 Feb 24

Asset Allocation
Asset ClassValue
Cash56.59%
Debt43.15%
Other0.26%
Debt Sector Allocation
SectorValue
Corporate57.24%
Cash Equivalent27.6%
Government14.9%
Credit Quality
RatingValue
AA18.47%
AAA81.53%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
India (Republic of)
- | -
9%₹483 Cr50,000,000
↑ 50,000,000
Canara Bank
Domestic Bonds | -
5%₹270 Cr5,500
↑ 5,500
Indinfravit Trust
Debentures | -
4%₹216 Cr22,000
Dlf Cyber City Developers Ltd
Debentures | -
3%₹187 Cr1,890
Power Finance Corporation Limited
Debentures | -
2%₹101 Cr1,000
PNb Housing Finance Limited
Debentures | -
2%₹100 Cr10,000
L&T Metro Rail (Hyderabad) Limited
Debentures | -
2%₹98 Cr1,000
182 DTB 22082024
Sovereign Bonds | -
2%₹97 Cr10,000,000
Shriram Transport Finance Company Limited
Debentures | -
2%₹95 Cr9,500
Indusind Bank Ltd.
Debentures | -
2%₹93 Cr2,000
↑ 2,000

6. ICICI Prudential Regular Savings Fund

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 CAGR/Annualized return of 8.2% since its launch.  Ranked 26 in Credit Risk category.  Return for 2023 was 7.2% , 2022 was 5.1% and 2021 was 6.2% .

Below is the key information for ICICI Prudential Regular Savings Fund

ICICI Prudential Regular Savings Fund
Growth
Launch Date 3 Dec 10
NAV (10 Apr 24) ₹28.6139 ↓ 0.00   (-0.01 %)
Net Assets (Cr) ₹7,250 on 29 Feb 24
Category Debt - Credit Risk
AMC ICICI Prudential Asset Management Company Limited
Rating
Risk Moderate
Expense Ratio 1.54
Sharpe Ratio 1.69
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 8.65%
Effective Maturity 3 Years 6 Months 22 Days
Modified Duration 2 Years 1 Month 24 Days

Growth of 10,000 investment over the years.

DateValue
31 Mar 19₹10,000
31 Mar 20₹10,954
31 Mar 21₹11,882
31 Mar 22₹12,680
31 Mar 23₹13,338
31 Mar 24₹14,405

ICICI Prudential Regular Savings Fund SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual Returns:
%
Total investment amount is ₹180,000
expected amount after 3 Years is ₹203,125.
Net Profit of ₹23,125
Invest Now

Returns for ICICI Prudential Regular Savings Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 10 Apr 24

DurationReturns
1 Month 0.3%
3 Month 1.9%
6 Month 4.4%
1 Year 7.7%
3 Year 6.6%
5 Year 7.5%
10 Year
15 Year
Since launch 8.2%
Historical performance (Yearly) on absolute basis
YearReturns
2023 7.2%
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%
Fund Manager information for ICICI Prudential Regular Savings Fund
NameSinceTenure
Manish Banthia7 Nov 167.4 Yr.
Akhil Kakkar22 Jan 240.19 Yr.

Data below for ICICI Prudential Regular Savings Fund as on 29 Feb 24

Asset Allocation
Asset ClassValue
Cash7.74%
Equity1.7%
Debt90.29%
Other0.28%
Debt Sector Allocation
SectorValue
Corporate64.3%
Government20.64%
Cash Equivalent7.74%
Securitized5.34%
Credit Quality
RatingValue
A12.83%
AA53.64%
AAA33.53%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
7.18% Govt Stock 2033
Sovereign Bonds | -
14%₹1,007 Cr99,942,330
Embassy Office Parks Reit
Unlisted bonds | -
5%₹334 Cr8,456,117
7.06% Govt Stock 2028
Sovereign Bonds | -
4%₹264 Cr26,430,750
Varroc Engineering Limited
Debentures | -
3%₹247 Cr25,000
Ongc Petro Additions Limited
Debentures | -
3%₹224 Cr2,250
Aadhar Housing Finance Ltd
Debentures | -
2%₹174 Cr17,500
Nirma Limited
Debentures | -
2%₹150 Cr15,000
Kalpataru Projects International Limited
Debentures | -
2%₹149 Cr15,000
Aadharshila Infratech Pvt Ltd.
Debentures | -
2%₹148 Cr15,000
7.38% Govt Stock 2027
Sovereign Bonds | -
2%₹131 Cr12,937,900
↓ -15,000,000

7. SBI Credit Risk Fund

(Erstwhile SBI Corporate Bond Fund)

The investment objective will be to actively manage a portfolio of good quality corporate debt as well as Money Market Instruments so as to provide reasonable returns and liquidity to the Unit holders. However there is no guarantee or assurance that the investment objective of the scheme will be achieved.

SBI Credit Risk Fund is a Debt - Credit Risk fund was launched on 19 Jul 04. It is a fund with Moderate risk and has given a CAGR/Annualized return of 7.4% since its launch.  Ranked 3 in Credit Risk category.  Return for 2023 was 8.3% , 2022 was 4.2% and 2021 was 5% .

Below is the key information for SBI Credit Risk Fund

SBI Credit Risk Fund
Growth
Launch Date 19 Jul 04
NAV (10 Apr 24) ₹41.224 ↑ 0.03   (0.06 %)
Net Assets (Cr) ₹2,557 on 29 Feb 24
Category Debt - Credit Risk
AMC SBI Funds Management Private Limited
Rating
Risk Moderate
Expense Ratio 1.95
Sharpe Ratio 0.97
Information Ratio 0
Alpha Ratio 0
Min Investment 5,000
Min SIP Investment 500
Exit Load 0-12 Months (3%),12-24 Months (1.5%),24-36 Months (0.75%),36 Months and above(NIL)
Yield to Maturity 8.49%
Effective Maturity 2 Years 8 Months 12 Days
Modified Duration 2 Years 14 Days

Growth of 10,000 investment over the years.

DateValue
31 Mar 19₹10,000
31 Mar 20₹10,620
31 Mar 21₹11,474
31 Mar 22₹12,112
31 Mar 23₹12,679
31 Mar 24₹13,793

SBI Credit Risk Fund SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual Returns:
%
Total investment amount is ₹180,000
expected amount after 3 Years is ₹200,132.
Net Profit of ₹20,132
Invest Now

Returns for SBI Credit Risk Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 10 Apr 24

DurationReturns
1 Month 0.6%
3 Month 1.9%
6 Month 3.7%
1 Year 6.9%
3 Year 6.3%
5 Year 6.6%
10 Year
15 Year
Since launch 7.4%
Historical performance (Yearly) on absolute basis
YearReturns
2023 8.3%
2022 4.2%
2021 5%
2020 9.8%
2019 6.5%
2018 6.2%
2017 6.9%
2016 10.5%
2015 9.7%
2014 10.6%
Fund Manager information for SBI Credit Risk Fund
NameSinceTenure
Lokesh Mallya1 Feb 177.16 Yr.
Pradeep Kesavan1 Dec 230.33 Yr.
Adesh Sharma1 Dec 230.33 Yr.

Data below for SBI Credit Risk Fund as on 29 Feb 24

Asset Allocation
Asset ClassValue
Cash10.97%
Equity2.18%
Debt86.56%
Other0.29%
Debt Sector Allocation
SectorValue
Corporate66.8%
Government19.76%
Cash Equivalent10.97%
Credit Quality
RatingValue
A3.42%
AA64.88%
AAA31.7%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
7.18% Govt Stock 2033
Sovereign Bonds | -
7%₹181 Cr18,000,000
↓ -4,000,000
7.16% Govt Stock 2050
Sovereign Bonds | -
5%₹125 Cr12,500,000
↑ 12,500,000
Aadhar Housing Finance Limited
Debentures | -
5%₹121 Cr12,200
Nirma Limited
Debentures | -
5%₹115 Cr11,500
Jindal Stainless Limited
Debentures | -
3%₹88 Cr900
Avanse Financial Services Limited
Debentures | -
3%₹80 Cr8,000
Ongc Petro Additions Limited
Debentures | -
3%₹75 Cr7,500
JSW Steel Limited
Debentures | -
3%₹75 Cr750
Nuvoco Vistas Corporation Limited
Debentures | -
3%₹74 Cr750
Godrej Industries Limited
Debentures | -
3%₹74 Cr750

8. Aditya Birla Sun Life Dynamic Bond Fund

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 CAGR/Annualized return of 7.6% since its launch.  Ranked 16 in Dynamic Bond category.  Return for 2023 was 6.9% , 2022 was 6% and 2021 was 4.9% .

Below is the key information for Aditya Birla Sun Life Dynamic Bond Fund

Aditya Birla Sun Life Dynamic Bond Fund
Growth
Launch Date 27 Sep 04
NAV (10 Apr 24) ₹41.564 ↑ 0.10   (0.25 %)
Net Assets (Cr) ₹1,717 on 29 Feb 24
Category Debt - Dynamic Bond
AMC Birla Sun Life Asset Management Co Ltd
Rating
Risk Moderate
Expense Ratio 1.35
Sharpe Ratio 0.67
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 7.65%
Effective Maturity 9 Years 3 Months
Modified Duration 5 Years 8 Months 23 Days

Growth of 10,000 investment over the years.

DateValue
31 Mar 19₹10,000
31 Mar 20₹10,085
31 Mar 21₹10,916
31 Mar 22₹11,433
31 Mar 23₹12,244
31 Mar 24₹13,189

Aditya Birla Sun Life Dynamic 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 Aditya Birla Sun Life Dynamic 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 10 Apr 24

DurationReturns
1 Month 0.1%
3 Month 2%
6 Month 4.4%
1 Year 6.9%
3 Year 6.3%
5 Year 5.7%
10 Year
15 Year
Since launch 7.6%
Historical performance (Yearly) on absolute basis
YearReturns
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%
2014 14.8%
Fund Manager information for Aditya Birla Sun Life Dynamic Bond Fund
NameSinceTenure
Mohit Sharma22 Mar 213.03 Yr.
Bhupesh Bameta6 Aug 203.65 Yr.
Dhaval Joshi21 Nov 221.36 Yr.

Data below for Aditya Birla Sun Life Dynamic Bond Fund as on 29 Feb 24

Asset Allocation
Asset ClassValue
Cash4.68%
Debt95.06%
Other0.26%
Debt Sector Allocation
SectorValue
Government83.74%
Corporate10.76%
Cash Equivalent4.68%
Securitized0.56%
Credit Quality
RatingValue
AA4.8%
AAA94.85%
BB0.35%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
7.18% Govt Stock 2037
Sovereign Bonds | -
28%₹487 Cr48,500,000
↑ 3,000,000
7.26% Govt Stock 2033
Sovereign Bonds | -
23%₹399 Cr39,500,000
7.18% Govt Stock 2033
Sovereign Bonds | -
18%₹312 Cr31,000,000
7.3% Govt Stock 2053
Sovereign Bonds | -
5%₹92 Cr9,000,000
7.25% Govt Stock 2063
Sovereign Bonds | -
3%₹51 Cr5,000,000
HDFC Bank Limited
Debentures | -
2%₹40 Cr4,000
JM Financial Credit Solutions Limited
Debentures | -
2%₹40 Cr400
7.17% Govt Stock 2030
Sovereign Bonds | -
2%₹30 Cr3,000,000
Punjab National Bank
Debentures | -
1%₹24 Cr240
Niif Infrastructure Finance Limited
Debentures | -
1%₹20 Cr200

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