એફડી વિ ડેટ મ્યુચ્યુઅલ ફંડ

Updated on April 15, 2026 , 8438 views

FD વિડેટ ફંડ? વિચારતાક્યાં રોકાણ કરવું સારું વળતર મેળવવા માટે તમારી બચત. સામાન્ય રીતે, લોકો ધ્યાનમાં લે છેરોકાણ ફિક્સ્ડ ડિપોઝિટ અથવા FDમાં સૌથી અનુકૂળ વિકલ્પ છે કારણ કે તે સુરક્ષિત છે અને નિશ્ચિત વળતર આપે છે. પરંતુ શું તે શ્રેષ્ઠ માર્ગ છે? જોકે ફિક્સ્ડ ડિપોઝિટ એ બધા માટે રોકાણનો સરળ વિકલ્પ છે, તેમ છતાં, ડેટ ફંડની સરખામણીમાં ફિક્સ્ડ ડિપોઝિટનું વળતર કરપાત્ર છે. વધુમાં, જ્યારે લાંબા સમય સુધી રાખવામાં આવે છે, ત્યારે દેવુંમ્યુચ્યુઅલ ફંડ સારું વળતર આપે છે. ડેટ મ્યુચ્યુઅલ ફંડ અથવા ફિક્સ્ડ ડિપોઝિટમાં રોકાણ કરવાનો અંતિમ નિર્ણય લેતા પહેલા, આ રોકાણોની વિગતવાર તુલના કરો.

સારમાં:

ડેટ મ્યુચ્યુઅલ ફંડ (ડેટ ફંડ) વિ ફિક્સ્ડ ડિપોઝિટ (એફડી)

અમારે જોખમ લેવાની ક્ષમતા અને ઇચ્છિત હોલ્ડિંગ અવધિ દ્વારા આને તોડવું પડશેરોકાણકાર પ્રશ્નમાં

શોર્ટ હોલ્ડિંગ પીરિયડ (1 વર્ષ કે તેથી ઓછો)

અહીં ડેટ ફંડ માટેના વિકલ્પો મર્યાદિત હશેલિક્વિડ ફંડ્સ, અતિ-ટૂંકા ગાળાના ભંડોળ અને ટૂંકા ગાળાનાઆવક ભંડોળ. જ્યારે રિટર્ન અથવા યીલ્ડ સામાન્ય રીતે લિક્વિડથી અલ્ટ્રા-શોર્ટથી શોર્ટ ટર્મ ફંડમાં વધારે હશે, ત્યારે આ ડેટ ફંડ્સ અને ફિક્સ્ડ ડિપોઝિટ વચ્ચેના યીલ્ડનો તફાવત છેલ્લા એક વર્ષમાં તેમના વળતરને ધ્યાનમાં લઈને નક્કી કરી શકાય છે.

ડેટ મ્યુચ્યુઅલ ફંડ (શ્રેણી સરેરાશ વળતર)

ડેટ મ્યુચ્યુઅલ ફંડનો પ્રકાર	છેલ્લા 1 વર્ષ. વળતર (%)
લિક્વિડ ફંડ	7.36
અલ્ટ્રા શોર્ટ ટર્મ ડેટ ફંડ્સ	9.18
ટૂંકા ગાળાના દેવું ભંડોળ	9.78
ડાયનેમિક ડેટ ફંડ્સ	13.89
લાંબા ગાળાના દેવું ભંડોળ	13.19
ગિલ્ટ ટૂંકા ગાળાના ભંડોળ	11.76
ગિલ્ટ લાંબા ગાળાના ફંડ્સ	15.06
20મી ફેબ્રુઆરી 2017 સુધીનો ડેટા

ફિક્સ્ડ ડિપોઝિટ અથવા FD સરેરાશ વળતર દર

ફિક્સ્ડ ડિપોઝિટનો સરેરાશ વળતર દર 8-8.5% p.a સુધીનો હતો. વર્ષ 2016 માં (જેથી કોઈ પણ કોષ્ટકમાં ઉપરના વળતરની તુલના કરી શકે છે). જો કે, છેલ્લા એક વર્ષમાં, વળતર દર ઘટીને 6.6-7.5% p.a.

ઉપરોક્ત ઉદાહરણ સાથે, તે સ્પષ્ટ છે કે ડેટ ફંડના વળતરનો સરેરાશ દર ફિક્સ્ડ ડિપોઝિટ કરતા વધુ સારો છે.

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લાંબા ગાળાની હોલ્ડિંગ અવધિ

લાંબા હેતુવાળા હોલ્ડિંગ સમયગાળા સાથે, ડેટ ફંડ્સ FD કરતાં વધુ સારા સાબિત થઈ શકે છે.

અહીં રોકાણ કરવાના વિકલ્પો આ હશે:

લાંબા ગાળાની આવક ભંડોળ
લાંબા ગાળાની ગિલ્ટ,
કોર્પોરેટબોન્ડ ફંડ્સ (ઉચ્ચ ઉપજ ભંડોળ), લિક્વિડ ઉપર દર્શાવેલ વિકલ્પો ઉપરાંત, અલ્ટ્રા-શોર્ટ અને ટૂંકા ગાળાના ભંડોળનો પણ ઉપયોગ કરી શકાય છે.

આપેલ છે કે હોલ્ડિંગનો સમયગાળો 3 વર્ષ કે તેથી વધુ હોઈ શકે છે, અમે નીચે મુજબ કહી શકીએ છીએ:

સાથેપાટનગર ઈન્ડેક્સેશન બેનિફિટ્સ સાથે 20% પર ગેઈન ટેક્સ, ચોખ્ખી ટેક્સની ઘટનાઓ ન્યૂનતમ હશે (જો કે કોઈએ ટેક્સ લાગતા વર્ષને જોતાં ટેક્સની ઘટનાઓની ગણતરી કરવી જોઈએ)
લાંબા ગાળાની આવક ભંડોળ/ગિલ્ટ ફંડ્સ ઉચ્ચ ઉપજ સાથે અને વધુમાં, જો વ્યાજ દરો નીચે જશે તો ઘણું ઊંચું વળતર આપશે.
આ ડેટ ફંડ્સ સાથે કોઈ વ્યક્તિ ઉચ્ચ બે આંકડામાં વળતર મેળવી શકે છે.

લાંબા ગાળાના આવક ભંડોળ પરના વળતરનું નીચેનું ઉદાહરણ લો, શ્રેણી માટે સરેરાશ છેલ્લા 1-વર્ષનું વળતર 12.19% છે અને છેલ્લા 3 વર્ષમાં 10.32% p.a. આ સમયગાળા દરમિયાન કોઈપણ FD સમાન વળતર આપી શકતી ન હતી. ગિલ્ટ ફંડનું વળતર પણ વધારે છે. આ જ સમયગાળામાં, ગયા વર્ષે FD દર મોટાભાગની બેંકોમાં વાર્ષિક 8-8.5% ની નજીક હોત, (જોકે આજે દર વધુ ઘટીને 6.5 - 7.5% થઈ ગયા છે)

તેથી રોકાણકાર પાસે લાંબા ગાળાની હોલ્ડિંગ અવધિ હોય અને વ્યાજ દરો ઘટતા હોય, ડેટ ફંડ (લાંબા ગાળાની આવક અથવા ગિલ્ટ) FD કરતાં વધુ સારું વળતર આપશે. વ્યાજ દરો ન ઘટવાના કિસ્સામાં પણ, ઉચ્ચ ઉપજ ધરાવતા કોર્પોરેટ બોન્ડ ફંડ્સ એ જ સમયગાળામાં એફડીને હરાવી દેશે.

ડેટ મ્યુચ્યુઅલ ફંડ્સ અને ફિક્સ્ડ ડિપોઝિટ પર કરવેરા

ડેટ ફંડ્સ અને ફિક્સ્ડ ડિપોઝિટના વળતરને નિર્ધારિત કરવામાં પણ કરવેરા મહત્વની ભૂમિકા ભજવે છે. સામાન્ય રીતે, ફિક્સ્ડ ડિપોઝિટ પર કરવેરા 33% (કરનો સીમાંત દર) છે જ્યારે ડેટ ફંડ્સ પર જો કોઈ વ્યક્તિ 3-વર્ષથી ઓછા વ્યુ સાથે રોકાણ કરે છે તો ડીડીટી (ડિવિડન્ડ ડિસ્ટ્રિબ્યુશન ટેક્સ) કાપવામાં આવે તે જોતાં ડિવિડન્ડ ડિસ્ટ્રિબ્યુશન ટેક્સ વસૂલવો એ વધુ સારો વિકલ્પ હશે. આશરે 25% (+સરચાર્જ વગેરે). આ દર્શાવે છે કે ડેટ મ્યુચ્યુઅલ ફંડ પર ટેક્સ ફિક્સ્ડ ડિપોઝિટ કરતા પ્રમાણમાં ઓછો છે.

ડેટ ફંડ્સ સાથે આવતા વધારાના લાભો છે:

પ્રવાહિતા: પૈસા 1-2 દિવસની અંદર ઉપલબ્ધ છેવિમોચન
વ્યવસાયિક સંચાલન: ગતિશીલ રીતે વ્યૂહરચના બદલવાની અને બજારોનો લાભ લેવાની ક્ષમતા
કોઈ અકાળ ઉપાડ દંડ નથી.

સારાંશ માટે:

પરિમાણો	મ્યુચ્યુઅલ ફંડ	ફિક્સ્ડ ડિપોઝિટ
વળતરનો દર	કોઈ ખાતરીપૂર્વકનું વળતર નહીં	સ્થિર વળતર
ફુગાવો સમાયોજિત વળતર	ઊંચા ફુગાવાના સમાયોજિત વળતરની સંભાવના	સામાન્ય રીતે ઓછો ફુગાવો સમાયોજિત વળતર
જોખમ	નીચાથી ઉચ્ચ જોખમ (ફંડ પર આધાર રાખે છે	ઓછું જોખમ
તરલતા	પ્રવાહી	પ્રવાહી
અકાળ ઉપાડ	એક્ઝિટ લોડ/નો લોડ સાથે મંજૂરી	દંડ સાથે મંજૂરી
રોકાણની કિંમત	સંચાલન ખર્ચ/ખર્ચ ગુણોત્તર	કોઈ કિંમત નથી

ટોપ 8 બેસ્ટ પર્ફોર્મિંગ ડેટ ફંડ્સ 2022

ઉપર નેટ એસેટ્સ/AUM ધરાવતા ડેટ ફંડ્સની સૂચિ નીચે છે1000 કરોડ અને 3 વર્ષના ચક્રવૃદ્ધિ પર સૉર્ટ કરેલ (CAGR) પરત કરે છે.

1. Aditya Birla Sun Life Credit Risk Fund

(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.

Research Highlights for Aditya Birla Sun Life Credit Risk Fund

Bottom quartile AUM (₹1,175 Cr).
Established history (11+ yrs).
Not Rated.
Risk profile: Moderate.
1Y return: 12.49% (top quartile).
1M return: 1.24% (top quartile).
Sharpe: 2.39 (upper mid).
Information ratio: 0.00 (top quartile).
Yield to maturity (debt): 7.96% (lower mid).
Modified duration: 2.01 yrs (upper mid).
Average maturity: 2.60 yrs (top quartile).
Exit load: 0-365 Days (1%),365 Days and above(NIL).
Top sector: Real Estate.
Top bond sector: Corporate.
Debt-heavy allocation (~81%).
High-quality debt (AAA/AA ~83%).
Largest holding GMR Airports Limited (~4.6%).

Below is the key information for Aditya Birla Sun Life Credit Risk Fund

Aditya Birla Sun Life Credit Risk Fund Growth
Launch Date	17 Apr 15
NAV (17 Apr 26)	₹24.6417 ↑ 0.01 (0.04 %)
Net Assets (Cr)	₹1,175 on 28 Feb 26
Category	Debt - Credit Risk
AMC	Birla Sun Life Asset Management Co Ltd
Rating	Not Rated
Risk	Moderate
Expense Ratio	1.54
Sharpe Ratio	2.39
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	7.96%
Effective Maturity	2 Years 7 Months 6 Days
Modified Duration	2 Years 4 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

Aditya Birla Sun Life Credit Risk Fund SIP Returns

Total investment amount is ₹180,000
expected amount after 3 Years is ₹209,201.
Net Profit of ₹29,201 Invest Now

Returns for Aditya Birla Sun Life 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 17 Apr 26

Duration	Returns
1 Month	1.2%
3 Month	2.3%
6 Month	7.1%
1 Year	12.5%
3 Year	12%
5 Year	9.9%
10 Year
15 Year
Since launch	8.5%

Historical performance (Yearly) on absolute basis

Year	Returns
2025	13.4%
2024	11.9%
2023	6.9%
2022	7.1%
2021	6.4%
2020	9.4%
2019	2.1%
2018	6.6%
2017	8.1%
2016	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 28 Feb 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

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

Upper mid AUM (₹3,070 Cr).
Established history (17+ yrs).
Top rated.
Risk profile: Moderate.
1Y return: 8.56% (top quartile).
1M return: 0.74% (upper mid).
Sharpe: 2.37 (upper mid).
Information ratio: 0.00 (top quartile).
Yield to maturity (debt): 7.80% (bottom quartile).
Modified duration: 2.96 yrs (lower mid).
Average maturity: 3.90 yrs (lower mid).
Exit load: 0-365 Days (1%),365 Days and above(NIL).
Top sector: Real Estate.
Top bond sector: Corporate.
Debt-heavy allocation (~92%).
High-quality debt (AAA/AA ~88%).
Largest holding 7.1% Govt Stock 2034 (~6.9%).

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 (17 Apr 26)	₹42.6157 ↑ 0.01 (0.02 %)
Net Assets (Cr)	₹3,070 on 28 Feb 26
Category	Debt - Medium term Bond
AMC	Birla Sun Life Asset Management Co Ltd
Rating	☆☆☆☆
Risk	Moderate
Expense Ratio	1.57
Sharpe Ratio	2.37
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	7.8%
Effective Maturity	3 Years 10 Months 24 Days
Modified Duration	2 Years 11 Months 16 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

Aditya Birla Sun Life Medium Term Plan SIP Returns

Total investment amount is ₹180,000
expected amount after 3 Years is ₹215,396.
Net Profit of ₹35,396 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 17 Apr 26

Duration	Returns
1 Month	0.7%
3 Month	1.6%
6 Month	4.3%
1 Year	8.6%
3 Year	9.8%
5 Year	11.9%
10 Year
15 Year
Since launch	8.9%

Historical performance (Yearly) on absolute basis

Year	Returns
2025	10.9%
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%

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 28 Feb 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

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

Top quartile AUM (₹5,887 Cr).
Established history (15+ yrs).
Rating: 1★ (bottom quartile).
Risk profile: Moderate.
1Y return: 8.28% (upper mid).
1M return: 0.95% (top quartile).
Sharpe: 3.19 (top quartile).
Information ratio: 0.00 (upper mid).
Yield to maturity (debt): 8.41% (top quartile).
Modified duration: 2.29 yrs (upper mid).
Average maturity: 3.65 yrs (upper mid).
Exit load: 0-1 Years (1%),1 Years and above(NIL).
Top sector: Real Estate.
Top bond sector: Corporate.
Debt-heavy allocation (~74%).
High-quality debt (AAA/AA ~79%).
Largest holding Embassy Office Parks REIT (~4.1%).

Below is the key information for ICICI Prudential Regular Savings Fund

ICICI Prudential Regular Savings Fund Growth
Launch Date	3 Dec 10
NAV (17 Apr 26)	₹33.7994 ↑ 0.00 (0.00 %)
Net Assets (Cr)	₹5,887 on 15 Mar 26
Category	Debt - Credit Risk
AMC	ICICI Prudential Asset Management Company Limited
Rating	☆
Risk	Moderate
Expense Ratio	1.43
Sharpe Ratio	3.19
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	8.41%
Effective Maturity	3 Years 7 Months 24 Days
Modified Duration	2 Years 3 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

ICICI Prudential Regular Savings Fund SIP 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 17 Apr 26

Duration	Returns
1 Month	1%
3 Month	1.6%
6 Month	3.3%
1 Year	8.3%
3 Year	8.3%
5 Year	7.4%
10 Year
15 Year
Since launch	8.2%

Historical performance (Yearly) on absolute basis

Year	Returns
2025	9.5%
2024	8.5%
2023	7.2%
2022	5.1%
2021	6.2%
2020	9.8%
2019	9.5%
2018	6.6%
2017	6.8%
2016	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 15 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 \| EMBASSY	4%	₹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

(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

Bottom quartile AUM (₹1,059 Cr).
Established history (20+ yrs).
Rating: 2★ (lower mid).
Risk profile: Moderate.
1Y return: 7.64% (upper mid).
1M return: 0.64% (lower mid).
Sharpe: 2.51 (top quartile).
Information ratio: 0.00 (upper mid).
Yield to maturity (debt): 8.72% (top quartile).
Modified duration: 1.98 yrs (top quartile).
Average maturity: 2.41 yrs (top quartile).
Exit load: 0-12 Months (1%),12 Months and above(NIL).
Higher exposure to Corporate (bond sector) vs peer median.
Debt-heavy allocation (~87%).
High-quality debt (AAA/AA ~73%).
Largest holding 7.02% Govt Stock 2031 (~7.1%).

Below is the key information for Nippon India Credit Risk Fund

Nippon India Credit Risk Fund Growth
Launch Date	8 Jun 05
NAV (17 Apr 26)	₹37.0429 ↑ 0.01 (0.02 %)
Net Assets (Cr)	₹1,059 on 28 Feb 26
Category	Debt - Credit Risk
AMC	Nippon Life Asset Management Ltd.
Rating	☆☆
Risk	Moderate
Expense Ratio	1.46
Sharpe Ratio	2.51
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

Nippon India Credit Risk Fund SIP Returns

Total investment amount is ₹180,000
expected amount after 3 Years is ₹206,148.
Net Profit of ₹26,148 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 17 Apr 26

Duration	Returns
1 Month	0.6%
3 Month	2%
6 Month	3.1%
1 Year	7.6%
3 Year	8.2%
5 Year	8.5%
10 Year
15 Year
Since launch	6.5%

Historical performance (Yearly) on absolute basis

Year	Returns
2025	8.9%
2024	8.3%
2023	7.9%
2022	3.9%
2021	13.5%
2020	-5.9%
2019	1.9%
2018	6.1%
2017	7%
2016	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 28 Feb 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

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

Lower mid AUM (₹2,007 Cr).
Established history (12+ yrs).
Rating: 3★ (upper mid).
Risk profile: Moderate.
1Y return: 6.72% (lower mid).
1M return: 0.56% (bottom quartile).
Sharpe: 1.71 (bottom quartile).
Information ratio: 0.00 (lower mid).
Yield to maturity (debt): 8.09% (upper mid).
Modified duration: 3.07 yrs (lower mid).
Average maturity: 4.53 yrs (lower mid).
Exit load: 0-18 Months (2%),18 Months and above(NIL).
Top sector: Real Estate.
Higher exposure to Corporate (bond sector) vs peer median.
Debt-heavy allocation (~89%).
High-quality debt (AAA/AA ~92%).
Largest holding Jtpm Metal TRaders Limited (~5.7%).

Below is the key information for Kotak Medium Term Fund

Kotak Medium Term Fund Growth
Launch Date	25 Mar 14
NAV (17 Apr 26)	₹23.8892 ↓ 0.00 (-0.01 %)
Net Assets (Cr)	₹2,007 on 28 Feb 26
Category	Debt - Medium term Bond
AMC	Kotak Mahindra Asset Management Co Ltd
Rating	☆☆☆
Risk	Moderate
Expense Ratio	1.63
Sharpe Ratio	1.71
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	8.09%
Effective Maturity	4 Years 6 Months 11 Days
Modified Duration	3 Years 25 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

Kotak Medium Term Fund SIP Returns

Total investment amount is ₹180,000
expected amount after 3 Years is ₹200,132.
Net Profit of ₹20,132 Invest Now

Returns for Kotak Medium Term Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 17 Apr 26

Duration	Returns
1 Month	0.6%
3 Month	1.1%
6 Month	2.3%
1 Year	6.7%
3 Year	7.9%
5 Year	6.5%
10 Year
15 Year
Since launch	7.5%

Historical performance (Yearly) on absolute basis

Year	Returns
2025	8.9%
2024	9%
2023	6.1%
2022	3.2%
2021	4.7%
2020	8.5%
2019	7%
2018	5.4%
2017	6.6%
2016	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 28 Feb 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 \| EMBASSY	5%	₹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 Medium Term Bond Fund

(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

Upper mid AUM (₹5,614 Cr).
Oldest track record among peers (21 yrs).
Rating: 2★ (lower mid).
Risk profile: Moderate.
1Y return: 6.95% (lower mid).
1M return: 0.91% (upper mid).
Sharpe: 1.86 (lower mid).
Information ratio: 0.00 (lower mid).
Yield to maturity (debt): 7.99% (upper mid).
Modified duration: 3.55 yrs (bottom quartile).
Average maturity: 6.48 yrs (bottom quartile).
Exit load: 0-1 Years (1%),1 Years and above(NIL).
Top sector: Real Estate.
Top bond sector: Corporate.
Debt-heavy allocation (~80%).
High-quality debt (AAA/AA ~100%).
Largest holding Embassy Office Parks REIT (~3.6%).

Below is the key information for ICICI Prudential Medium Term Bond Fund

ICICI Prudential Medium Term Bond Fund Growth
Launch Date	15 Sep 04
NAV (17 Apr 26)	₹47.2686 ↑ 0.00 (0.01 %)
Net Assets (Cr)	₹5,614 on 15 Mar 26
Category	Debt - Medium term Bond
AMC	ICICI Prudential Asset Management Company Limited
Rating	☆☆
Risk	Moderate
Expense Ratio	1.37
Sharpe Ratio	1.86
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	7.99%
Effective Maturity	6 Years 5 Months 23 Days
Modified Duration	3 Years 6 Months 18 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

ICICI Prudential Medium Term Bond Fund SIP Returns

Total investment amount is ₹180,000
expected amount after 3 Years is ₹200,132.
Net Profit of ₹20,132 Invest Now

Returns for ICICI Prudential Medium Term 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 17 Apr 26

Duration	Returns
1 Month	0.9%
3 Month	1.4%
6 Month	2.8%
1 Year	6.9%
3 Year	7.8%
5 Year	6.8%
10 Year
15 Year
Since launch	7.5%

Historical performance (Yearly) on absolute basis

Year	Returns
2025	9%
2024	8%
2023	7%
2022	4.2%
2021	5.5%
2020	10.4%
2019	9.2%
2018	5.1%
2017	6.5%
2016	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 15 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 \| EMBASSY	4%	₹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

7. Axis Strategic Bond Fund

(Erstwhile Axis Income Fund)

To generate optimal returns in the medium term while maintaining liquidity of the portfolio by investing in debt and money market instruments.

Research Highlights for Axis Strategic Bond Fund

Lower mid AUM (₹2,122 Cr).
Established history (14+ yrs).
Rating: 4★ (top quartile).
Risk profile: Moderate.
1Y return: 6.07% (bottom quartile).
1M return: 0.46% (bottom quartile).
Sharpe: 1.44 (bottom quartile).
Information ratio: 0.00 (bottom quartile).
Yield to maturity (debt): 7.91% (lower mid).
Modified duration: 3.52 yrs (bottom quartile).
Average maturity: 5.13 yrs (bottom quartile).
Exit load: 0-12 Months (1%),12 Months and above(NIL).
Top sector: Financial Services.
Top bond sector: Corporate.
Debt-heavy allocation (~92%).
High-quality debt (AAA/AA ~90%).
Largest holding 7.10% Gs 2034 (~5.4%).

Below is the key information for Axis Strategic Bond Fund

Axis Strategic Bond Fund Growth
Launch Date	28 Mar 12
NAV (17 Apr 26)	₹29.3395 ↑ 0.01 (0.02 %)
Net Assets (Cr)	₹2,122 on 28 Feb 26
Category	Debt - Medium term Bond
AMC	Axis Asset Management Company Limited
Rating	☆☆☆☆
Risk	Moderate
Expense Ratio	1.08
Sharpe Ratio	1.44
Information Ratio	0
Alpha Ratio	0
Min Investment	5,000
Min SIP Investment	1,000
Exit Load	0-12 Months (1%),12 Months and above(NIL)
Yield to Maturity	7.91%
Effective Maturity	5 Years 1 Month 17 Days
Modified Duration	3 Years 6 Months 7 Days

Growth of 10,000 investment over the years.

Date	Value
31 Mar 21	₹10,000
31 Mar 22	₹10,564
31 Mar 23	₹11,042
31 Mar 24	₹11,916
31 Mar 25	₹12,955
31 Mar 26	₹13,776

Axis Strategic Bond Fund SIP Returns

Total investment amount is ₹180,000
expected amount after 3 Years is ₹200,132.
Net Profit of ₹20,132 Invest Now

Returns for Axis Strategic 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 17 Apr 26

Duration	Returns
1 Month	0.5%
3 Month	1.5%
6 Month	2.4%
1 Year	6.1%
3 Year	7.7%
5 Year	6.7%
10 Year
15 Year
Since launch	8%

Historical performance (Yearly) on absolute basis

Year	Returns
2025	8.2%
2024	8.7%
2023	7.3%
2022	3.8%
2021	5.2%
2020	10.5%
2019	7.1%
2018	6.7%
2017	7.5%
2016	11.6%

Fund Manager information for Axis Strategic Bond Fund

Name	Since	Tenure
Devang Shah	5 Nov 12	13.41 Yr.
Sachin Jain	1 Feb 23	3.16 Yr.
Akhil Thakker	1 Feb 23	3.16 Yr.

Data below for Axis Strategic Bond Fund as on 28 Feb 26

Asset Allocation

Asset Class	Value
Cash	4.35%
Equity	3.2%
Debt	92.16%
Other	0.29%

Debt Sector Allocation

Sector	Value
Corporate	64.67%
Government	27.49%
Cash Equivalent	4.35%

Credit Quality

Rating	Value
A	10.46%
AA	47.42%
AAA	42.13%

Top Securities Holdings / Portfolio

Name	Holding	Value	Quantity
7.10% Gs 2034 Sovereign Bonds \| -	5%	₹113 Cr	11,200,000
Jubilant Beverages Limited Debentures \| -	3%	₹70 Cr	6,500
GMR Hyderabad International Airport Limited Debentures \| -	3%	₹66 Cr	6,500
Tamilnadu State Development Loans Sovereign Bonds \| -	3%	₹62 Cr	6,358,600
Vedanta Limited Debentures \| -	3%	₹60 Cr	6,000
Jubilant Bevco Limited Debentures \| -	3%	₹60 Cr	5,500
Adani Power Limited Debentures \| -	3%	₹60 Cr	6,000
Nuvama Wealth Finance Limited Debentures \| -	3%	₹58 Cr	5,800
Delhi International Airport Limited Debentures \| -	3%	₹56 Cr	5,500
Aditya Birla Digital Fashion Ventures Limited Debentures \| -	3%	₹55 Cr	5,500

8. ICICI Prudential Floating Interest Fund

(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

Highest AUM (₹7,215 Cr).
Established history (20+ yrs).
Rating: 3★ (upper mid).
Risk profile: Moderate.
1Y return: 6.48% (bottom quartile).
1M return: 0.59% (lower mid).
Sharpe: 1.91 (lower mid).
Information ratio: 0.00 (bottom quartile).
Yield to maturity (debt): 7.07% (bottom quartile).
Modified duration: 1.67 yrs (top quartile).
Average maturity: 3.07 yrs (upper mid).
Exit load: NIL.
Higher exposure to Financial Services vs peer median.
Top bond sector: Corporate.
Conservative stance with elevated cash (~55%).
High-quality debt (AAA/AA ~100%).
Largest holding 6.75% Govt Stock 2033 (~5.5%).

Below is the key information for ICICI Prudential Floating Interest Fund

ICICI Prudential Floating Interest Fund Growth
Launch Date	18 Nov 05
NAV (17 Apr 26)	₹446.076 ↑ 0.01 (0.00 %)
Net Assets (Cr)	₹7,215 on 15 Mar 26
Category	Debt - Floating Rate
AMC	ICICI Prudential Asset Management Company Limited
Rating	☆☆☆
Risk	Moderate
Expense Ratio	1.2
Sharpe Ratio	1.91
Information Ratio	0
Alpha Ratio	0
Min Investment	5,000
Min SIP Investment	100
Exit Load	NIL
Yield to Maturity	7.07%
Effective Maturity	3 Years 25 Days
Modified Duration	1 Year 8 Months 1 Day

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

ICICI Prudential Floating Interest Fund SIP Returns

Total investment amount is ₹180,000
expected amount after 3 Years is ₹200,132.
Net Profit of ₹20,132 Invest Now

Returns for ICICI Prudential Floating Interest Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 17 Apr 26

Duration	Returns
1 Month	0.6%
3 Month	1.6%
6 Month	3.1%
1 Year	6.5%
3 Year	7.7%
5 Year	6.6%
10 Year
15 Year
Since launch	7.6%

Historical performance (Yearly) on absolute basis

Year	Returns
2025	7.7%
2024	8%
2023	7.7%
2022	4.3%
2021	3.8%
2020	9.5%
2019	8.4%
2018	6.6%
2017	6.8%
2016	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 15 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

Disclaimer:
અહીં આપેલી માહિતી સચોટ છે તેની ખાતરી કરવા માટેના તમામ પ્રયાસો કરવામાં આવ્યા છે. જો કે, ડેટાની શુદ્ધતા અંગે કોઈ ગેરંટી આપવામાં આવતી નથી. કોઈપણ રોકાણ કરતા પહેલા કૃપા કરીને સ્કીમ માહિતી દસ્તાવેજ સાથે ચકાસો.