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 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 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 (Erstwhile SBI Magnum Gilt Fund - Long Term Plan) To provide the investors with returns generated through investments in government securities issued by the Central Government and / or a State Government SBI Magnum Gilt Fund is a Debt - Government Bond fund was launched on 30 Dec 00. It is a fund with Moderate risk and has given a Below is the key information for SBI Magnum Gilt 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 (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 The Scheme aims to generate returns through investments in Central Govt Securities. DSP BlackRock Government Securities Fund is a Debt - Government Bond fund was launched on 30 Sep 99. It is a fund with Moderate risk and has given a Below is the key information for DSP BlackRock Government Securities 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 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 (16 May 25) ₹39.66 ↑ 0.05 (0.12 %) Net Assets (Cr) ₹2,206 on 31 Mar 25 Category Debt - Medium term Bond AMC Birla Sun Life Asset Management Co Ltd Rating ☆☆☆☆ Risk Moderate Expense Ratio 1.55 Sharpe Ratio 2.48 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 7.89% Effective Maturity 4 Years 10 Months 24 Days Modified Duration 3 Years 7 Months 17 Days Growth of 10,000 investment over the years.
Date Value 30 Apr 20 ₹10,000 30 Apr 21 ₹11,757 30 Apr 22 ₹12,748 30 Apr 23 ₹15,615 30 Apr 24 ₹16,612 30 Apr 25 ₹19,032 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 16 May 25 Duration Returns 1 Month 1.1% 3 Month 3.5% 6 Month 7.8% 1 Year 14.7% 3 Year 14.8% 5 Year 13.7% 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 10.67 Yr. Mohit Sharma 6 Aug 20 4.74 Yr. Data below for Aditya Birla Sun Life Medium Term Plan as on 31 Mar 25
Asset Allocation
Asset Class Value Cash 4.63% Equity 4.35% Debt 90.78% Other 0.24% Debt Sector Allocation
Sector Value Corporate 57.77% Government 33.01% Cash Equivalent 4.63% Credit Quality
Rating Value A 2.36% AA 39.52% AAA 55.71% BBB 2.42% Top Securities Holdings / Portfolio
Name Holding Value Quantity 7.18% Govt Stock 2033
Sovereign Bonds | -15% ₹346 Cr 33,000,000
↓ -8,000,000 7.1% Govt Stock 2034
Sovereign Bonds | -6% ₹133 Cr 12,696,700 Small Industries Development Bank Of India
Debentures | -4% ₹102 Cr 10,000
↑ 10,000 Nuvama Wealth Finance Ltd
Debentures | -4% ₹95 Cr 9,500
↑ 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 JSW Energy Ltd 8.75%
Debentures | -3% ₹61 Cr 6,000 Vedanta Limited
Debentures | -3% ₹60 Cr 6,000 2. 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 (16 May 25) ₹46.6001 ↑ 0.05 (0.10 %) Net Assets (Cr) ₹1,767 on 31 Mar 25 Category Debt - Dynamic Bond AMC Birla Sun Life Asset Management Co Ltd Rating ☆☆☆ Risk Moderate Expense Ratio 1.21 Sharpe Ratio 0.81 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 7.33% Effective Maturity 14 Years 7 Months 20 Days Modified Duration 7 Years 7 Months 2 Days Growth of 10,000 investment over the years.
Date Value 30 Apr 20 ₹10,000 30 Apr 21 ₹11,103 30 Apr 22 ₹11,502 30 Apr 23 ₹12,499 30 Apr 24 ₹13,255 30 Apr 25 ₹14,819 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 16 May 25 Duration Returns 1 Month 1.2% 3 Month 4.5% 6 Month 6.4% 1 Year 11.2% 3 Year 9.3% 5 Year 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 4.11 Yr. Bhupesh Bameta 6 Aug 20 4.74 Yr. Data below for Aditya Birla Sun Life Dynamic Bond Fund as on 31 Mar 25
Asset Allocation
Asset Class Value Cash 5.1% Debt 94.63% Other 0.27% Debt Sector Allocation
Sector Value Government 52.36% Corporate 42.27% Cash Equivalent 5.1% Credit Quality
Rating Value A 2.41% AA 10.94% AAA 86.64% Top Securities Holdings / Portfolio
Name Holding Value Quantity 7.23% Govt Stock 2039
Sovereign Bonds | -21% ₹372 Cr 35,077,900 7.18% Govt Stock 2037
Sovereign Bonds | -12% ₹211 Cr 20,000,000
↓ -2,000,000 Power Finance Corporation Limited
Debentures | -7% ₹127 Cr 12,500 7.34% Govt Stock 2064
Sovereign Bonds | -6% ₹100 Cr 9,414,000
↓ -2,500,000 Cholamandalam Investment And Finance Company Limited
Debentures | -5% ₹82 Cr 8,000 7.26% Ntpc Limited
Debentures | -4% ₹77 Cr 7,500 6.79% Govt Stock 2034
Sovereign Bonds | -4% ₹77 Cr 7,500,100
↑ 7,500,000 Bharti Telecom Limited
Debentures | -4% ₹77 Cr 7,500 State Bank Of India
Debentures | -4% ₹77 Cr 75 National Bank For Financing Infrastructure And Development
Debentures | -3% ₹61 Cr 6,000
↑ 500 3. 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 (16 May 25) ₹24.899 ↑ 0.01 (0.06 %) Net Assets (Cr) ₹2,537 on 31 Mar 25 Category Debt - 10 Yr Govt Bond AMC ICICI Prudential Asset Management Company Limited Rating ☆☆☆ Risk Moderate Expense Ratio 0.39 Sharpe Ratio 1.14 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 9.83% Effective Maturity 9 Years 9 Months 29 Days Modified Duration 6 Years 10 Months 13 Days Growth of 10,000 investment over the years.
Date Value 30 Apr 20 ₹10,000 30 Apr 21 ₹10,687 30 Apr 22 ₹10,819 30 Apr 23 ₹11,552 30 Apr 24 ₹12,265 30 Apr 25 ₹13,812 Returns for ICICI Prudential Constant Maturity Gilt Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 16 May 25 Duration Returns 1 Month 1.4% 3 Month 5.1% 6 Month 7.5% 1 Year 12.4% 3 Year 9.1% 5 Year 6.5% 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 1.27 Yr. Raunak Surana 22 Jan 24 1.27 Yr. Data below for ICICI Prudential Constant Maturity Gilt Fund as on 31 Mar 25
Asset Allocation
Asset Class Value Cash 1.82% Debt 98.18% Debt Sector Allocation
Sector Value Government 98.18% Cash Equivalent 1.82% Credit Quality
Rating Value AAA 100% Top Securities Holdings / Portfolio
Name Holding Value Quantity 7.1% Govt Stock 2034
Sovereign Bonds | -51% ₹1,285 Cr 123,056,400
↑ 10,500,000 6.64% Govt Stock 2035
Sovereign Bonds | -34% ₹846 Cr 83,500,000
↓ -11,500,000 7.18% Govt Stock 2037
Sovereign Bonds | -8% ₹200 Cr 19,000,000 6.19% Govt Stock 2034
Sovereign Bonds | -2% ₹49 Cr 5,000,000 6.92% Govt Stock 2039
Sovereign Bonds | -1% ₹36 Cr 3,500,000 7.23% Govt Stock 2039
Sovereign Bonds | -1% ₹32 Cr 3,000,000 6.67% Govt Stock 2035
Sovereign Bonds | -1% ₹25 Cr 2,500,000 7.18% Govt Stock 2033
Sovereign Bonds | -0% ₹1 Cr 72,600 6.79% Govt Stock 2034
Sovereign Bonds | -0% ₹1 Cr 49,300 Net Current Assets
Net Current Assets | -1% ₹35 Cr 4. SBI Magnum Gilt Fund
CAGR/Annualized return of 8.1% since its launch. Ranked 3 in Government Bond category. Return for 2024 was 8.9% , 2023 was 7.6% and 2022 was 4.2% . SBI Magnum Gilt Fund
Growth Launch Date 30 Dec 00 NAV (16 May 25) ₹67.1141 ↑ 0.12 (0.19 %) Net Assets (Cr) ₹11,489 on 31 Mar 25 Category Debt - Government Bond AMC SBI Funds Management Private Limited Rating ☆☆☆☆ Risk Moderate Expense Ratio 0.94 Sharpe Ratio 0.61 Information Ratio 0 Alpha Ratio 0 Min Investment 5,000 Min SIP Investment 500 Exit Load NIL Yield to Maturity 6.97% Effective Maturity 24 Years 14 Days Modified Duration 10 Years 2 Months 1 Day Growth of 10,000 investment over the years.
Date Value 30 Apr 20 ₹10,000 30 Apr 21 ₹10,621 30 Apr 22 ₹10,905 30 Apr 23 ₹11,719 30 Apr 24 ₹12,487 30 Apr 25 ₹13,992 Returns for SBI Magnum Gilt Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 16 May 25 Duration Returns 1 Month 1.4% 3 Month 5% 6 Month 6.8% 1 Year 11.2% 3 Year 9% 5 Year 6.8% 10 Year 15 Year Since launch 8.1% Historical performance (Yearly) on absolute basis
Year Returns 2024 8.9% 2023 7.6% 2022 4.2% 2021 3% 2020 11.7% 2019 13.1% 2018 5.1% 2017 3.9% 2016 16.3% 2015 7.3% Fund Manager information for SBI Magnum Gilt Fund
Name Since Tenure Rajeev Radhakrishnan 1 Nov 23 1.5 Yr. Tejas Soman 1 Dec 23 1.41 Yr. Data below for SBI Magnum Gilt Fund as on 31 Mar 25
Asset Allocation
Asset Class Value Cash 0.94% Debt 99.06% Debt Sector Allocation
Sector Value Government 99.06% Cash Equivalent 0.94% Credit Quality
Rating Value AAA 100% Top Securities Holdings / Portfolio
Name Holding Value Quantity 7.34% Govt Stock 2064
Sovereign Bonds | -39% ₹4,674 Cr 436,000,000
↑ 40,500,000 6.79% Govt Stock 2034
Sovereign Bonds | -25% ₹3,012 Cr 292,327,500
↓ -46,000,000 7.3% Govt Stock 2053
Sovereign Bonds | -9% ₹1,129 Cr 106,000,000 7.14% Maharashtra SDL 2039
Sovereign Bonds | -5% ₹615 Cr 59,500,000
↓ -18,500,000 6.9% Govt Stock 2065
Sovereign Bonds | -5% ₹558 Cr 55,000,000
↑ 13,500,000 7.12% Maharashtra SDL 2038
Sovereign Bonds | -4% ₹533 Cr 51,706,900
↑ 1,000,000 8.17% Govt Stock 2044
Sovereign Bonds | -4% ₹466 Cr 40,000,000
↑ 40,000,000 7.17% State Government Securities
Sovereign Bonds | -3% ₹306 Cr 29,810,700 7.13% State Government Of Karnataka 2041
Sovereign Bonds | -2% ₹254 Cr 24,548,600 07.36 MH Sdl 21/02/2035
Sovereign Bonds | -1% ₹132 Cr 12,500,000 5. ICICI Prudential Long Term Bond Fund
CAGR/Annualized return of 8.6% 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 (16 May 25) ₹91.1354 ↑ 0.14 (0.15 %) Net Assets (Cr) ₹1,078 on 31 Mar 25 Category Debt - Longterm Bond AMC ICICI Prudential Asset Management Company Limited Rating ☆☆☆☆ Risk Moderate Expense Ratio 1.97 Sharpe Ratio 1.03 Information Ratio 0 Alpha Ratio 0 Min Investment 5,000 Min SIP Investment 1,000 Exit Load NIL Yield to Maturity 7.09% Effective Maturity 23 Years 1 Month 6 Days Modified Duration 9 Years 6 Months 7 Days Growth of 10,000 investment over the years.
Date Value 30 Apr 20 ₹10,000 30 Apr 21 ₹10,480 30 Apr 22 ₹10,444 30 Apr 23 ₹11,100 30 Apr 24 ₹11,838 30 Apr 25 ₹13,313 Returns for ICICI Prudential Long Term Bond Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 16 May 25 Duration Returns 1 Month 1.4% 3 Month 5% 6 Month 7% 1 Year 12% 3 Year 9% 5 Year 5.8% 10 Year 15 Year Since launch 8.6% 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 1.27 Yr. Raunak Surana 22 Jan 24 1.27 Yr. Data below for ICICI Prudential Long Term Bond Fund as on 31 Mar 25
Asset Allocation
Asset Class Value Cash 4.66% Debt 95.09% Other 0.25% Debt Sector Allocation
Sector Value Government 77.8% Corporate 17.29% Cash Equivalent 4.66% Credit Quality
Rating Value AAA 100% Top Securities Holdings / Portfolio
Name Holding Value Quantity 7.34% Govt Stock 2064
Sovereign Bonds | -36% ₹400 Cr 37,701,500 7.18% Govt Stock 2037
Sovereign Bonds | -9% ₹101 Cr 9,603,830 6.92% Govt Stock 2039
Sovereign Bonds | -7% ₹78 Cr 7,563,500
↓ -2,500,000 7.23% Govt Stock 2039
Sovereign Bonds | -7% ₹74 Cr 7,000,000 The Great Eastern Shipping Company Limited
Debentures | -5% ₹54 Cr 536 HDFC Bank Limited
Debentures | -5% ₹51 Cr 5,000 LIC Housing Finance Limited
Debentures | -5% ₹51 Cr 500 7.12% Maharashtra SDL 2038
Sovereign Bonds | -5% ₹51 Cr 4,960,700 7.14% Maharashtra SDL 2039
Sovereign Bonds | -4% ₹41 Cr 4,000,000 7.09% Govt Stock 2054
Sovereign Bonds | -3% ₹36 Cr 3,500,000 6. 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 (16 May 25) ₹64.2873 ↑ 0.06 (0.10 %) Net Assets (Cr) ₹1,831 on 31 Mar 25 Category Debt - 10 Yr Govt Bond AMC SBI Funds Management Private Limited Rating ☆☆☆☆ Risk Moderately Low Expense Ratio 0.64 Sharpe Ratio 1 Information Ratio 0 Alpha Ratio 0 Min Investment 5,000 Min SIP Investment 500 Exit Load NIL Yield to Maturity 6.74% Effective Maturity 9 Years 9 Months 29 Days Modified Duration 6 Years 9 Months 22 Days Growth of 10,000 investment over the years.
Date Value 30 Apr 20 ₹10,000 30 Apr 21 ₹10,537 30 Apr 22 ₹10,648 30 Apr 23 ₹11,378 30 Apr 24 ₹12,074 30 Apr 25 ₹13,555 Returns for SBI Magnum Constant Maturity Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 16 May 25 Duration Returns 1 Month 1.3% 3 Month 4.9% 6 Month 7.1% 1 Year 11.9% 3 Year 9% 5 Year 6.2% 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 1.5 Yr. Tejas Soman 1 Dec 23 1.41 Yr. Data below for SBI Magnum Constant Maturity Fund as on 31 Mar 25
Asset Allocation
Asset Class Value Cash 1.77% Debt 98.23% Debt Sector Allocation
Sector Value Government 98.23% Cash Equivalent 1.77% Credit Quality
Rating Value AAA 100% Top Securities Holdings / Portfolio
Name Holding Value Quantity 7.1% Govt Stock 2034
Sovereign Bonds | -72% ₹1,354 Cr 129,000,000 7.18% Govt Stock 2037
Sovereign Bonds | -26% ₹499 Cr 47,000,000
↑ 1,500,000 Treps
CBLO/Reverse Repo | -1% ₹21 Cr Net Receivable / Payable
CBLO | -1% ₹13 Cr 7. DSP BlackRock Government Securities Fund
CAGR/Annualized return of 9.3% since its launch. Ranked 9 in Government Bond category. Return for 2024 was 10.1% , 2023 was 7.1% and 2022 was 2.7% . DSP BlackRock Government Securities Fund
Growth Launch Date 30 Sep 99 NAV (16 May 25) ₹97.6481 ↑ 0.22 (0.22 %) Net Assets (Cr) ₹1,566 on 31 Mar 25 Category Debt - Government Bond AMC DSP BlackRock Invmt Managers Pvt. Ltd. Rating ☆☆☆ Risk Moderate Expense Ratio 1.1 Sharpe Ratio 0.52 Information Ratio 0 Alpha Ratio 0 Min Investment 1,000 Min SIP Investment 500 Exit Load 0-7 Days (0.1%),7 Days and above(NIL) Yield to Maturity 7.04% Effective Maturity 29 Years 2 Months 26 Days Modified Duration 11 Years 6 Months Growth of 10,000 investment over the years.
Date Value 30 Apr 20 ₹10,000 30 Apr 21 ₹10,639 30 Apr 22 ₹10,922 30 Apr 23 ₹11,597 30 Apr 24 ₹12,380 30 Apr 25 ₹13,964 Returns for DSP BlackRock Government Securities Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 16 May 25 Duration Returns 1 Month 1.6% 3 Month 5.3% 6 Month 6.8% 1 Year 11.7% 3 Year 8.9% 5 Year 6.8% 10 Year 15 Year Since launch 9.3% Historical performance (Yearly) on absolute basis
Year Returns 2024 10.1% 2023 7.1% 2022 2.7% 2021 3.1% 2020 13.1% 2019 12.5% 2018 7.4% 2017 1.4% 2016 15.3% 2015 6.2% Fund Manager information for DSP BlackRock Government Securities Fund
Name Since Tenure Sandeep Yadav 1 Aug 24 0.75 Yr. Shantanu Godambe 1 Jun 23 1.92 Yr. Data below for DSP BlackRock Government Securities Fund as on 31 Mar 25
Asset Allocation
Asset Class Value Cash 0.98% Debt 99.02% Debt Sector Allocation
Sector Value Government 99.02% Cash Equivalent 0.98% Credit Quality
Rating Value AAA 100% Top Securities Holdings / Portfolio
Name Holding Value Quantity 7.34% Govt Stock 2064
Sovereign Bonds | -39% ₹614 Cr 56,000,000
↑ 3,500,000 7.3% Govt Stock 2053
Sovereign Bonds | -22% ₹351 Cr 32,500,000
↓ -12,500,000 7.09% Govt Stock 2054
Sovereign Bonds | -16% ₹256 Cr 24,500,000
↑ 14,500,000 India (Republic of) 6.9%
Sovereign Bonds | -6% ₹100 Cr 10,000,000
↑ 10,000,000 8.17% Govt Stock 2044
Sovereign Bonds | -6% ₹89 Cr 7,500,000
↑ 2,500,000 7.59% Govt Stock 2031
Sovereign Bonds | -5% ₹79 Cr 7,500,000
↑ 7,500,000 8.13% Govt Stock 2045
Sovereign Bonds | -4% ₹59 Cr 5,000,000
↑ 5,000,000 364 DTB 03072025
Sovereign Bonds | -0% ₹0 Cr 2,000 Treps / Reverse Repo Investments
CBLO/Reverse Repo | -3% ₹42 Cr Net Receivables/Payables
Net Current Assets | -2% -₹27 Cr 8. 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 (16 May 25) ₹103.413 ↑ 0.04 (0.04 %) Net Assets (Cr) ₹7,133 on 31 Mar 25 Category Debt - Government Bond AMC ICICI Prudential Asset Management Company Limited Rating ☆☆☆☆ Risk Moderate Expense Ratio 1.12 Sharpe Ratio 0.87 Information Ratio 0 Alpha Ratio 0 Min Investment 5,000 Min SIP Investment 1,000 Exit Load NIL Yield to Maturity 6.94% Effective Maturity 15 Years 9 Months 14 Days Modified Duration 7 Years 22 Days Growth of 10,000 investment over the years.
Date Value 30 Apr 20 ₹10,000 30 Apr 21 ₹10,658 30 Apr 22 ₹10,992 30 Apr 23 ₹11,767 30 Apr 24 ₹12,625 30 Apr 25 ₹14,005 Returns for ICICI Prudential Gilt Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 16 May 25 Duration Returns 1 Month 1.2% 3 Month 4.5% 6 Month 6.4% 1 Year 10.7% 3 Year 8.8% 5 Year 6.9% 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 1.27 Yr. Raunak Surana 22 Jan 24 1.27 Yr. Data below for ICICI Prudential Gilt Fund as on 31 Mar 25
Asset Allocation
Asset Class Value Cash 7.24% Debt 92.76% Debt Sector Allocation
Sector Value Government 92.76% Cash Equivalent 7.24% Credit Quality
Rating Value AAA 100% Top Securities Holdings / Portfolio
Name Holding Value Quantity 7.1% Govt Stock 2034
Sovereign Bonds | -47% ₹3,285 Cr 314,566,000
↓ -30,000,000 7.34% Govt Stock 2064
Sovereign Bonds | -19% ₹1,317 Cr 124,038,200
↓ -5,000,000 7.81% Govt Stock 2033
Sovereign Bonds | -14% ₹975 Cr 94,096,700 7.12% Maharashtra SDL 2038
Sovereign Bonds | -3% ₹220 Cr 21,496,400 7.14% Maharashtra SDL 2039
Sovereign Bonds | -3% ₹185 Cr 18,000,000 7.18% Govt Stock 2033
Sovereign Bonds | -2% ₹111 Cr 10,567,890 Chhattisgarh (Government of)
- | -1% ₹86 Cr 8,288,200 7.53% Govt Stock 2034
Sovereign Bonds | -1% ₹76 Cr 7,500,000 7.13% Karnataka SDL - 20-Aug-2034
Sovereign Bonds | -1% ₹75 Cr 7,321,700 6.79% Govt Stock 2034
Sovereign Bonds | -1% ₹53 Cr 5,152,150
↑ 4,742,800
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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