+91-22-48913909FD 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.
Talk to our investment specialist
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 |
Fund Selection Methodology used to find 8 funds
Top 8 Best Performing Debt Funds 2026
Below is the list of Debt funds having Net Assets/AUM above 1000 Crore and sorted on 3 Year compounded (CAGR) returns.
(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. Below is the key information for Aditya Birla Sun Life Credit Risk Fund Returns up to 1 year are on 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. Research Highlights for Aditya Birla Sun Life Medium Term Plan Below is the key information for Aditya Birla Sun Life Medium Term Plan 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. Research Highlights for ICICI Prudential Regular Savings Fund Below is the key information for ICICI Prudential Regular Savings Fund Returns up to 1 year are on (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. Research Highlights for Nippon India Credit Risk Fund Below is the key information for Nippon India Credit Risk Fund Returns up to 1 year are on The investment objective of the scheme is to generate regular income and capital appreciation by investing in a portfolio of medium term debt and money market instruments. There is no assurance or guarantee that the investment objective of the scheme will be achieved Research Highlights for Kotak Medium Term Fund Below is the key information for Kotak Medium Term Fund Returns up to 1 year are on (Erstwhile ICICI Prudential Savings Fund) The scheme aims to generate income consistent with the prudent risk from a portfolio comprising floating rate debt instruments, fixed rate debt instruments swapped for floating rate return, and also fixed rate instruments & money market instruments. Research Highlights for ICICI Prudential Floating Interest Fund Below is the key information for ICICI Prudential Floating Interest Fund Returns up to 1 year are on (Erstwhile ICICI Prudential Corporate Bond Fund) To generate income through investments in a range of debt and money market instruments of various maturities with a view to maximizing income while maintaining the optimum balance of yield, safety and liquidity. Research Highlights for ICICI Prudential Medium Term Bond Fund Below is the key information for ICICI Prudential Medium Term Bond Fund Returns up to 1 year are on (Erstwhile ICICI Prudential Flexible Income Plan) To generate income through investments in a range of debt instruments and money market instruments of various maturities with a view to maximizing income while maintaining the optimum balance of yield, safety and liquidity. Research Highlights for ICICI Prudential Savings Fund Below is the key information for ICICI Prudential Savings Fund Returns up to 1 year are on 1. Aditya Birla Sun Life Credit Risk Fund
Aditya Birla Sun Life Credit Risk Fund
Growth Launch Date 17 Apr 15 NAV (24 Apr 26) ₹24.6219 ↓ -0.01 (-0.04 %) Net Assets (Cr) ₹1,178 on 31 Mar 26 Category Debt - Credit Risk AMC Birla Sun Life Asset Management Co Ltd Rating Risk Moderate Expense Ratio 1.54 Sharpe Ratio 2.01 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 8.59% Effective Maturity 2 Years 8 Months 19 Days Modified Duration 2 Years 14 Days Growth of 10,000 investment over the years.
Date Value 31 Mar 21 ₹10,000 31 Mar 22 ₹10,582 31 Mar 23 ₹11,373 31 Mar 24 ₹12,208 31 Mar 25 ₹14,169 31 Mar 26 ₹15,917 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 24 Apr 26 Duration Returns 1 Month 1.3% 3 Month 2.2% 6 Month 6.9% 1 Year 12.1% 3 Year 11.9% 5 Year 9.8% 10 Year 15 Year Since launch 8.5% Historical performance (Yearly) on absolute basis
Year Returns 2024 13.4% 2023 11.9% 2022 6.9% 2021 7.1% 2020 6.4% 2019 9.4% 2018 2.1% 2017 6.6% 2016 8.1% 2015 10.3% Fund Manager information for Aditya Birla Sun Life Credit Risk Fund
Name Since Tenure Sunaina Cunha 17 Apr 15 10.96 Yr. Mohit Sharma 6 Aug 20 5.65 Yr. Data below for Aditya Birla Sun Life Credit Risk Fund as on 31 Mar 26
Asset Allocation
Asset Class Value Cash 10.09% Equity 7.72% Debt 81.43% Other 0.77% Debt Sector Allocation
Sector Value Corporate 60.77% Government 20.66% Cash Equivalent 10.09% Credit Quality
Rating Value A 16.62% AA 54.7% AAA 28.68% Top Securities Holdings / Portfolio
Name Holding Value Quantity GMR Airports Limited
Debentures | -5% ₹54 Cr 5,200 Aditya Birla Real Estate Limited
Debentures | -4% ₹45 Cr 4,500 Jubilant Bevco Limited
Debentures | -4% ₹43 Cr 4,000 6.48% Govt Stock 2035
Sovereign Bonds | -3% ₹40 Cr 4,115,800
↓ -500,000 IKF Finance Limited
Debentures | -3% ₹35 Cr 3,500 Hinduja Leyland Finance Limited
Debentures | -3% ₹34 Cr 3,500 National Bank For Agriculture And Rural Development
Debentures | -3% ₹34 Cr 3,500 Kogta Financial (India) Limited
Debentures | -3% ₹32 Cr 3,250 GAursons India Private Limited
Debentures | -3% ₹32 Cr 3,200 Vedanta Limited
Debentures | -3% ₹30 Cr 3,000 2. Aditya Birla Sun Life Medium Term Plan
Aditya Birla Sun Life Medium Term Plan
Growth Launch Date 25 Mar 09 NAV (24 Apr 26) ₹42.5635 ↓ -0.01 (-0.03 %) Net Assets (Cr) ₹3,078 on 31 Mar 26 Category Debt - Medium term Bond AMC Birla Sun Life Asset Management Co Ltd Rating ☆☆☆☆ Risk Moderate Expense Ratio 1.57 Sharpe Ratio 1.39 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 8.4% Effective Maturity 3 Years 9 Months 29 Days Modified Duration 2 Years 10 Months 10 Days Growth of 10,000 investment over the years.
Date Value 31 Mar 21 ₹10,000 31 Mar 22 ₹10,945 31 Mar 23 ₹13,258 31 Mar 24 ₹14,230 31 Mar 25 ₹16,085 31 Mar 26 ₹17,500 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 24 Apr 26 Duration Returns 1 Month 1% 3 Month 1.5% 6 Month 4.1% 1 Year 8.2% 3 Year 9.6% 5 Year 11.9% 10 Year 15 Year Since launch 8.8% Historical performance (Yearly) on absolute basis
Year Returns 2024 10.9% 2023 10.5% 2022 6.9% 2021 24.8% 2020 7.1% 2019 8.1% 2018 -4.4% 2017 5.6% 2016 7% 2015 10.9% Fund Manager information for Aditya Birla Sun Life Medium Term Plan
Name Since Tenure Sunaina Cunha 1 Sep 14 11.59 Yr. Mohit Sharma 6 Aug 20 5.65 Yr. Data below for Aditya Birla Sun Life Medium Term Plan as on 31 Mar 26
Asset Allocation
Asset Class Value Cash 3.54% Equity 4.16% Debt 91.81% Other 0.5% Debt Sector Allocation
Sector Value Corporate 59.76% Government 32.05% Cash Equivalent 3.54% Credit Quality
Rating Value A 11.55% AA 39.56% AAA 48.89% Top Securities Holdings / Portfolio
Name Holding Value Quantity 7.1% Govt Stock 2034
Sovereign Bonds | -7% ₹213 Cr 21,196,700 National Bank For Agriculture And Rural Development
Debentures | -4% ₹124 Cr 12,500 National Bank For Agriculture And Rural Development
Debentures | -4% ₹113 Cr 11,500 Hinduja Leyland Finance Limited
Debentures | -4% ₹108 Cr 11,000 6.48% Govt Stock 2035
Sovereign Bonds | -3% ₹106 Cr 11,000,000
↓ -12,500,000 Nuvama Wealth Finance Limited
Debentures | -3% ₹96 Cr 9,500 Oxyzo Financial Services Limited
Debentures | -3% ₹89 Cr 9,000 GMR Airports Limited
Debentures | -3% ₹83 Cr 8,000 Jubilant Bevco Limited
Debentures | -3% ₹80 Cr 7,400 Jtpm Metal TRaders Limited
Debentures | -3% ₹80 Cr 7,673 3. ICICI Prudential Regular Savings Fund
ICICI Prudential Regular Savings Fund
Growth Launch Date 3 Dec 10 NAV (24 Apr 26) ₹33.7708 ↑ 0.01 (0.04 %) Net Assets (Cr) ₹5,834 on 31 Mar 26 Category Debt - Credit Risk AMC ICICI Prudential Asset Management Company Limited Rating ☆ Risk Moderate Expense Ratio 1.43 Sharpe Ratio 1.61 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 8.83% Effective Maturity 2 Years 9 Months 18 Days Modified Duration 1 Year 9 Months 14 Days Growth of 10,000 investment over the years.
Date Value 31 Mar 21 ₹10,000 31 Mar 22 ₹10,671 31 Mar 23 ₹11,225 31 Mar 24 ₹12,123 31 Mar 25 ₹13,125 31 Mar 26 ₹14,181 Returns for ICICI Prudential Regular Savings Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 24 Apr 26 Duration Returns 1 Month 0.9% 3 Month 1.5% 6 Month 3.1% 1 Year 7.8% 3 Year 8.2% 5 Year 7.3% 10 Year 15 Year Since launch 8.2% Historical performance (Yearly) on absolute basis
Year Returns 2024 9.5% 2023 8.5% 2022 7.2% 2021 5.1% 2020 6.2% 2019 9.8% 2018 9.5% 2017 6.6% 2016 6.8% 2015 9.5% Fund Manager information for ICICI Prudential Regular Savings Fund
Name Since Tenure Manish Banthia 7 Nov 16 9.4 Yr. Akhil Kakkar 22 Jan 24 2.19 Yr. Data below for ICICI Prudential Regular Savings Fund as on 31 Mar 26
Asset Allocation
Asset Class Value Cash 16.01% Equity 9.23% Debt 74.36% Other 0.39% Debt Sector Allocation
Sector Value Corporate 65.84% Government 13.35% Cash Equivalent 11.18% Credit Quality
Rating Value A 21.44% AA 57.69% AAA 20.87% Top Securities Holdings / Portfolio
Name Holding Value Quantity Embassy Office Parks REIT (Real Estate)
-, Since 30 Apr 25 | EMBASSY4% ₹240 Cr 5,715,303 Keystone Realtors Limited
Debentures | -4% ₹233 Cr 23,500 Millennia Realtors Private Limited
Debentures | -4% ₹210 Cr 2,100 Vedanta Limited
Debentures | -3% ₹200 Cr 20,000 Adani Enterprises Limited
Debentures | -3% ₹198 Cr 20,000 Jtpm Metal TRaders Limited
Debentures | -3% ₹188 Cr 18,000 Bamboo Hotel And Global Centre (Delhi) Private Limited
Debentures | -3% ₹186 Cr 18,500 Nirma Limited
Debentures | -3% ₹150 Cr 15,000 Sis Limited
Debentures | -2% ₹124 Cr 12,500 Lodha Developers Limited
Debentures | -2% ₹120 Cr 15,000 4. Nippon India Credit Risk Fund
Nippon India Credit Risk Fund
Growth Launch Date 8 Jun 05 NAV (24 Apr 26) ₹37.0355 ↓ -0.01 (-0.03 %) Net Assets (Cr) ₹1,058 on 31 Mar 26 Category Debt - Credit Risk AMC Nippon Life Asset Management Ltd. Rating ☆☆ Risk Moderate Expense Ratio 1.46 Sharpe Ratio 1.4 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 8.72% Effective Maturity 2 Years 4 Months 28 Days Modified Duration 1 Year 11 Months 23 Days Growth of 10,000 investment over the years.
Date Value 31 Mar 21 ₹10,000 31 Mar 22 ₹11,274 31 Mar 23 ₹11,807 31 Mar 24 ₹12,759 31 Mar 25 ₹13,852 31 Mar 26 ₹14,925 Returns for Nippon India Credit Risk Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 24 Apr 26 Duration Returns 1 Month 0.8% 3 Month 1.9% 6 Month 3% 1 Year 7.4% 3 Year 8.1% 5 Year 8.4% 10 Year 15 Year Since launch 6.5% Historical performance (Yearly) on absolute basis
Year Returns 2024 8.9% 2023 8.3% 2022 7.9% 2021 3.9% 2020 13.5% 2019 -5.9% 2018 1.9% 2017 6.1% 2016 7% 2015 10% Fund Manager information for Nippon India Credit Risk Fund
Name Since Tenure Kinjal Desai 25 May 18 7.86 Yr. Sushil Budhia 1 Feb 20 6.17 Yr. Amber Singhania 11 Mar 26 0.06 Yr. Data below for Nippon India Credit Risk Fund as on 31 Mar 26
Asset Allocation
Asset Class Value Cash 12.83% Debt 86.88% Other 0.28% Debt Sector Allocation
Sector Value Corporate 74.57% Government 16.98% Cash Equivalent 8.17% Credit Quality
Rating Value A 26.83% AA 36.86% AAA 36.31% Top Securities Holdings / Portfolio
Name Holding Value Quantity 7.02% Govt Stock 2031
Sovereign Bonds | -7% ₹75 Cr 7,500,000 Renew Solar Energy (Jharkhand Five) Private Limited
Debentures | -4% ₹46 Cr 5,000 Muthoot Fincorp Limited
Debentures | -4% ₹44 Cr 20,000
↓ -30,000 TRuhome Finance Limited
Debentures | -4% ₹40 Cr 4,000 Navi Finserv Limited
Debentures | -4% ₹40 Cr 40,000 GAursons India Private Limited
Debentures | -4% ₹40 Cr 4,000 Delhi International Airport Limited
Debentures | -3% ₹36 Cr 3,500 Vedanta Limited
Debentures | -3% ₹35 Cr 3,500 Hiranandani Financial Services Private Limited
Debentures | -3% ₹35 Cr 3,500 Auxilo Finserve Private Limited
Debentures | -3% ₹32 Cr 3,200 5. Kotak Medium Term Fund
Kotak Medium Term Fund
Growth Launch Date 25 Mar 14 NAV (24 Apr 26) ₹23.8439 ↓ -0.01 (-0.02 %) Net Assets (Cr) ₹1,807 on 31 Mar 26 Category Debt - Medium term Bond AMC Kotak Mahindra Asset Management Co Ltd Rating ☆☆☆ Risk Moderate Expense Ratio 1.63 Sharpe Ratio 0.42 Information Ratio 0 Alpha Ratio 0 Min Investment 5,000 Min SIP Investment 1,000 Exit Load 0-18 Months (2%),18 Months and above(NIL) Yield to Maturity 8.66% Effective Maturity 4 Years 7 Months 10 Days Modified Duration 3 Years 1 Month 2 Days Growth of 10,000 investment over the years.
Date Value 31 Mar 21 ₹10,000 31 Mar 22 ₹10,604 31 Mar 23 ₹10,925 31 Mar 24 ₹11,805 31 Mar 25 ₹12,781 31 Mar 26 ₹13,639 Returns for Kotak Medium Term Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 24 Apr 26 Duration Returns 1 Month 0.7% 3 Month 1% 6 Month 1.9% 1 Year 6% 3 Year 7.6% 5 Year 6.5% 10 Year 15 Year Since launch 7.4% Historical performance (Yearly) on absolute basis
Year Returns 2024 8.9% 2023 9% 2022 6.1% 2021 3.2% 2020 4.7% 2019 8.5% 2018 7% 2017 5.4% 2016 6.6% 2015 10.9% Fund Manager information for Kotak Medium Term Fund
Name Since Tenure Deepak Agrawal 25 Mar 14 12.03 Yr. Vihag Mishra 1 Jun 25 0.83 Yr. Data below for Kotak Medium Term Fund as on 31 Mar 26
Asset Allocation
Asset Class Value Cash 0.22% Equity 10.28% Debt 89.18% Other 0.32% Debt Sector Allocation
Sector Value Corporate 78.05% Government 11.13% Cash Equivalent 0.22% Credit Quality
Rating Value A 7.99% AA 53.68% AAA 38.33% Top Securities Holdings / Portfolio
Name Holding Value Quantity Jtpm Metal TRaders Limited
Debentures | -6% ₹104 Cr 10,000 L&T Metro Rail (Hyderabad) Limited
Debentures | -5% ₹97 Cr 10,000 Bamboo Hotel And Global Centre (Delhi) Private Limited
Debentures | -5% ₹90 Cr 9,000 Adani Power Limited
Debentures | -5% ₹89 Cr 9,000 Embassy Office Parks REIT (Real Estate)
-, Since 31 May 21 | EMBASSY5% ₹84 Cr 1,998,346 TATA Steel Limited
Debentures | -4% ₹74 Cr 750 Pipeline Infrastructure Limited
Debentures | -4% ₹63 Cr 6,280 Aditya Birla Renewables Limited
Debentures | -3% ₹60 Cr 6,000 Aditya Birla Real Estate Limited
Debentures | -3% ₹55 Cr 5,500 Godrej Properties Limited
Debentures | -3% ₹50 Cr 5,000 6. ICICI Prudential Floating Interest Fund
ICICI Prudential Floating Interest Fund
Growth Launch Date 18 Nov 05 NAV (24 Apr 26) ₹445.854 ↓ -0.13 (-0.03 %) Net Assets (Cr) ₹7,041 on 31 Mar 26 Category Debt - Floating Rate AMC ICICI Prudential Asset Management Company Limited Rating ☆☆☆ Risk Moderate Expense Ratio 1.2 Sharpe Ratio 1.16 Information Ratio 0 Alpha Ratio 0 Min Investment 5,000 Min SIP Investment 100 Exit Load NIL Yield to Maturity 7.59% Effective Maturity 2 Years 7 Months 10 Days Modified Duration 1 Year 8 Months 12 Days Growth of 10,000 investment over the years.
Date Value 31 Mar 21 ₹10,000 31 Mar 22 ₹10,401 31 Mar 23 ₹10,979 31 Mar 24 ₹11,860 31 Mar 25 ₹12,802 31 Mar 26 ₹13,675 Returns for ICICI Prudential Floating Interest Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 24 Apr 26 Duration Returns 1 Month 0.7% 3 Month 1.5% 6 Month 2.9% 1 Year 6.3% 3 Year 7.6% 5 Year 6.5% 10 Year 15 Year Since launch 7.6% Historical performance (Yearly) on absolute basis
Year Returns 2024 7.7% 2023 8% 2022 7.7% 2021 4.3% 2020 3.8% 2019 9.5% 2018 8.4% 2017 6.6% 2016 6.8% 2015 8.9% Fund Manager information for ICICI Prudential Floating Interest Fund
Name Since Tenure Ritesh Lunawat 13 Sep 24 1.55 Yr. Darshil Dedhia 12 Jun 23 2.81 Yr. Data below for ICICI Prudential Floating Interest Fund as on 31 Mar 26
Asset Allocation
Asset Class Value Cash 54.94% Debt 44.57% Other 0.49% Debt Sector Allocation
Sector Value Corporate 68.19% Cash Equivalent 49.6% Credit Quality
Rating Value AAA 100% Top Securities Holdings / Portfolio
Name Holding Value Quantity 6.75% Govt Stock 2033
Sovereign Bonds | -5% ₹385 Cr 37,038,930 LIC Housing Finance Ltd
Debentures | -5% ₹366 Cr 3,650 Citicorp Finance (India) Limited
Debentures | -4% ₹261 Cr 26,143 Tata Capital Limited
Debentures | -4% ₹251 Cr 2,500 National Bank For Agriculture And Rural Development
Debentures | -3% ₹230 Cr 23,000 Rec Limited
Debentures | -3% ₹225 Cr 22,500 LIC Housing Finance Ltd
Debentures | -3% ₹200 Cr 20,000 7.24% Bihar Sgs 2031
Sovereign Bonds | -3% ₹198 Cr 20,000,000 Karnataka (Government of)
- | -3% ₹198 Cr 20,000,000 Small Industries Development Bank Of India
Debentures | -3% ₹189 Cr 19,000
↑ 10,000 7. ICICI Prudential Medium Term Bond Fund
ICICI Prudential Medium Term Bond Fund
Growth Launch Date 15 Sep 04 NAV (24 Apr 26) ₹47.1947 ↓ -0.01 (-0.03 %) Net Assets (Cr) ₹5,524 on 31 Mar 26 Category Debt - Medium term Bond AMC ICICI Prudential Asset Management Company Limited Rating ☆☆ Risk Moderate Expense Ratio 1.37 Sharpe Ratio 0.58 Information Ratio 0 Alpha Ratio 0 Min Investment 5,000 Min SIP Investment 1,000 Exit Load 0-1 Years (1%),1 Years and above(NIL) Yield to Maturity 8.44% Effective Maturity 5 Years 5 Months 26 Days Modified Duration 2 Years 10 Months 20 Days Growth of 10,000 investment over the years.
Date Value 31 Mar 21 ₹10,000 31 Mar 22 ₹10,537 31 Mar 23 ₹11,067 31 Mar 24 ₹11,894 31 Mar 25 ₹12,902 31 Mar 26 ₹13,777 Returns for ICICI Prudential Medium Term Bond Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 24 Apr 26 Duration Returns 1 Month 0.9% 3 Month 1.3% 6 Month 2.5% 1 Year 6.4% 3 Year 7.6% 5 Year 6.7% 10 Year 15 Year Since launch 7.4% Historical performance (Yearly) on absolute basis
Year Returns 2024 9% 2023 8% 2022 7% 2021 4.2% 2020 5.5% 2019 10.4% 2018 9.2% 2017 5.1% 2016 6.5% 2015 10.2% Fund Manager information for ICICI Prudential Medium Term Bond Fund
Name Since Tenure Manish Banthia 7 Nov 16 9.4 Yr. Akhil Kakkar 22 Jan 24 2.19 Yr. Data below for ICICI Prudential Medium Term Bond Fund as on 31 Mar 26
Asset Allocation
Asset Class Value Cash 10.53% Equity 8.92% Debt 80.21% Other 0.34% Debt Sector Allocation
Sector Value Corporate 65.77% Government 16.56% Cash Equivalent 8.4% Credit Quality
Rating Value AA 61.36% AAA 38.64% Top Securities Holdings / Portfolio
Name Holding Value Quantity Embassy Office Parks REIT (Real Estate)
-, Since 30 Apr 25 | EMBASSY4% ₹200 Cr 4,765,556 7.34% Govt Stock 2064
Sovereign Bonds | -3% ₹178 Cr 18,801,500 Adani Enterprises Limited
Debentures | -3% ₹173 Cr 17,500 Vedanta Limited
Debentures | -3% ₹170 Cr 17,000 Jtpm Metal TRaders Limited
Debentures | -3% ₹156 Cr 15,000 Oberoi Realty Limited
Debentures | -3% ₹150 Cr 15,000 TATA Projects Limited
Debentures | -3% ₹150 Cr 15,000 SIDDHIVINAYAK SECURITISATION TRUST
Unlisted bonds | -3% ₹148 Cr 150 Godrej Properties Limited
Debentures | -2% ₹126 Cr 12,500 TVS Credit Services Limited
Debentures | -2% ₹112 Cr 110 8. ICICI Prudential Savings Fund
ICICI Prudential Savings Fund
Growth Launch Date 27 Sep 02 NAV (24 Apr 26) ₹572.091 ↑ 0.03 (0.00 %) Net Assets (Cr) ₹26,665 on 31 Mar 26 Category Debt - Low Duration AMC ICICI Prudential Asset Management Company Limited Rating ☆☆☆☆ Risk Moderately Low Expense Ratio 0.53 Sharpe Ratio 1.69 Information Ratio 0 Alpha Ratio 0 Min Investment 500 Min SIP Investment 100 Exit Load NIL Yield to Maturity 7.57% Effective Maturity 1 Year 3 Months 18 Days Modified Duration 10 Months 28 Days Growth of 10,000 investment over the years.
Date Value 31 Mar 21 ₹10,000 31 Mar 22 ₹10,417 31 Mar 23 ₹10,997 31 Mar 24 ₹11,863 31 Mar 25 ₹12,801 31 Mar 26 ₹13,678 Returns for ICICI Prudential Savings Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 24 Apr 26 Duration Returns 1 Month 0.7% 3 Month 1.6% 6 Month 2.9% 1 Year 6.5% 3 Year 7.5% 5 Year 6.5% 10 Year 15 Year Since launch 7.7% Historical performance (Yearly) on absolute basis
Year Returns 2024 7.7% 2023 8% 2022 7.6% 2021 4.5% 2020 3.8% 2019 8.6% 2018 8.8% 2017 7.3% 2016 7.1% 2015 9.1% Fund Manager information for ICICI Prudential Savings Fund
Name Since Tenure Nikhil Kabra 13 Sep 24 1.55 Yr. Darshil Dedhia 12 Jun 23 2.81 Yr. Data below for ICICI Prudential Savings Fund as on 31 Mar 26
Asset Allocation
Asset Class Value Cash 67.94% Debt 31.74% Other 0.32% Debt Sector Allocation
Sector Value Corporate 73.08% Cash Equivalent 34.93% Credit Quality
Rating Value AA 13.94% AAA 86.06% Top Securities Holdings / Portfolio
Name Holding Value Quantity RADHAKRISHNA SECURITISATION TRUST
Unlisted bonds | -3% ₹858 Cr 875 National Bank For Agriculture And Rural Development
Debentures | -2% ₹651 Cr 65,000 6.52% Govt Stock 2031
Sovereign Bonds | -2% ₹622 Cr 60,500,000 7.33% Karnataka Sgs 2033
Sovereign Bonds | -2% ₹494 Cr 50,000,000 Bank of India Ltd.
Debentures | -2% ₹470 Cr 10,000 Bajaj Housing Finance Limited
Debentures | -2% ₹420 Cr 42,500 Piramal Finance Limited
Debentures | -1% ₹376 Cr 37,500 6.75% Govt Stock 2033
Sovereign Bonds | -1% ₹360 Cr 34,589,920 7.17% Gujarat Sgs 2032
Sovereign Bonds | -1% ₹353 Cr 35,734,200 National Bank For Agriculture And Rural Development
Debentures | -1% ₹305 Cr 30,500
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.
You Might Also Like
AMFI Registration No. 112358 | CIN: U74999MH2016PTC282153
Shepard Technologies Pvt. Ltd. (with ARN code 112358) makes no warranties or representations, express or implied, on products offered through the platform. It accepts no liability for any damages or losses, however caused, in connection with the use of, or on the reliance of its product or related services. Terms and conditions of the website are applicable.
©2026 Shepard Technologies Private Limited. All Rights Reserved
Research Highlights for Aditya Birla Sun Life Credit Risk Fund