FD Vs ಸಾಲ ಮ್ಯೂಚುಯಲ್ ಫಂಡ್

Updated on February 16, 2026 , 8324 views

FD ವಿರುದ್ಧಸಾಲ ನಿಧಿ? ಆಲೋಚನೆಎಲ್ಲಿ ಹೂಡಿಕೆ ಮಾಡಬೇಕು ಉತ್ತಮ ಆದಾಯವನ್ನು ಗಳಿಸಲು ನಿಮ್ಮ ಉಳಿತಾಯ. ಸಾಮಾನ್ಯವಾಗಿ, ಜನರು ಪರಿಗಣಿಸುತ್ತಾರೆಹೂಡಿಕೆ ಸ್ಥಿರ ಠೇವಣಿ ಅಥವಾ ಎಫ್‌ಡಿಯಲ್ಲಿ ಇದು ಅತ್ಯಂತ ಅನುಕೂಲಕರ ಆಯ್ಕೆಯಾಗಿದೆ ಏಕೆಂದರೆ ಅದು ಸುರಕ್ಷಿತವಾಗಿದೆ ಮತ್ತು ಸ್ಥಿರ ಆದಾಯವನ್ನು ನೀಡುತ್ತದೆ. ಆದರೆ ಇದು ಉತ್ತಮ ಮಾರ್ಗವೇ? ಫಿಕ್ಸೆಡ್ ಡೆಪಾಸಿಟ್ ಎಲ್ಲರಿಗೂ ಸುಲಭವಾದ ಹೂಡಿಕೆಯ ಆಯ್ಕೆಯಾಗಿದ್ದರೂ, ತೆರಿಗೆಗೆ ಒಳಪಡುವ ಸ್ಥಿರ ಠೇವಣಿಗಳ ಆದಾಯವು ಸಾಲ ನಿಧಿಗೆ ಹೋಲಿಸಿದರೆ ತುಂಬಾ ಕಡಿಮೆ. ಇದಲ್ಲದೆ, ದೀರ್ಘಾವಧಿಯವರೆಗೆ ಹಿಡಿದಿಟ್ಟುಕೊಂಡಾಗ, ಸಾಲಮ್ಯೂಚುಯಲ್ ಫಂಡ್ಗಳು ಉತ್ತಮ ಆದಾಯವನ್ನು ನೀಡುತ್ತವೆ. ಸಾಲ ಮ್ಯೂಚುವಲ್ ಫಂಡ್‌ಗಳು ಅಥವಾ ಸ್ಥಿರ ಠೇವಣಿಗಳಲ್ಲಿ ಹೂಡಿಕೆ ಮಾಡಲು ಅಂತಿಮ ನಿರ್ಧಾರವನ್ನು ತೆಗೆದುಕೊಳ್ಳುವ ಮೊದಲು, ಈ ಹೂಡಿಕೆಗಳ ವಿವರವಾದ ಹೋಲಿಕೆಯ ಮೂಲಕ ಹೋಗಿ.

ಸಾರಾಂಶದಲ್ಲಿ:

ಸಾಲ ಮ್ಯೂಚುಯಲ್ ಫಂಡ್‌ಗಳು (ಸಾಲ ನಿಧಿ) Vs ಸ್ಥಿರ ಠೇವಣಿ (ಎಫ್‌ಡಿ)

ಅಪಾಯವನ್ನು ತೆಗೆದುಕೊಳ್ಳುವ ಸಾಮರ್ಥ್ಯ ಮತ್ತು ಉದ್ದೇಶಿತ ಹಿಡುವಳಿ ಅವಧಿಯಿಂದ ನಾವು ಇದನ್ನು ಮುರಿಯಬೇಕಾಗಿದೆಹೂಡಿಕೆದಾರ ಪ್ರಶ್ನೆಯಲ್ಲಿ.

ಕಡಿಮೆ ಹಿಡುವಳಿ ಅವಧಿ (1 ವರ್ಷ ಅಥವಾ ಕಡಿಮೆ)

ಇಲ್ಲಿ ಸಾಲ ನಿಧಿಯ ಆಯ್ಕೆಗಳು ಸೀಮಿತವಾಗಿರುತ್ತವೆದ್ರವ ನಿಧಿಗಳು, ಅಲ್ಟ್ರಾ-ಅಲ್ಪಾವಧಿ ನಿಧಿಗಳು ಮತ್ತು ಅಲ್ಪಾವಧಿಆದಾಯ ನಿಧಿಗಳು. ರಿಟರ್ನ್ಸ್ ಅಥವಾ ಇಳುವರಿಗಳು ಸಾಮಾನ್ಯವಾಗಿ ದ್ರವದಿಂದ ಅಲ್ಟ್ರಾ-ಶಾರ್ಟ್‌ಗೆ ಅಲ್ಪಾವಧಿಯ ನಿಧಿಗೆ ಹೆಚ್ಚಿನದಾಗಿದ್ದರೂ, ಈ ಸಾಲ ನಿಧಿಗಳು ಮತ್ತು ಸ್ಥಿರ ಠೇವಣಿಗಳ ನಡುವಿನ ಇಳುವರಿ ವ್ಯತ್ಯಾಸವನ್ನು ಕಳೆದ ಒಂದು ವರ್ಷದಲ್ಲಿ ಅವರ ಆದಾಯವನ್ನು ಪರಿಗಣಿಸಿ ನಿರ್ಧರಿಸಬಹುದು.

ಸಾಲ ಮ್ಯೂಚುಯಲ್ ಫಂಡ್ (ವರ್ಗದ ಸರಾಸರಿ ಆದಾಯ)

ಸಾಲ ಮ್ಯೂಚುಯಲ್ ಫಂಡ್ ವಿಧ	ಕಳೆದ 1 ವರ್ಷ ರಿಟರ್ನ್ (%)
ಲಿಕ್ವಿಡ್ ಫಂಡ್	7.36
ಅಲ್ಟ್ರಾ ಅಲ್ಪಾವಧಿಯ ಸಾಲ ನಿಧಿಗಳು	9.18
ಅಲ್ಪಾವಧಿಯ ಸಾಲ ನಿಧಿಗಳು	9.78
ಡೈನಾಮಿಕ್ ಸಾಲ ನಿಧಿಗಳು	13.89
ದೀರ್ಘಾವಧಿಯ ಸಾಲ ನಿಧಿಗಳು	13.19
ಗಿಲ್ಟ್ ಅಲ್ಪಾವಧಿಯ ನಿಧಿಗಳು	11.76
ಗಿಲ್ಟ್ ದೀರ್ಘಾವಧಿಯ ನಿಧಿಗಳು	15.06
20ನೇ ಫೆಬ್ರವರಿ 2017 ರ ಡೇಟಾ

ಸ್ಥಿರ ಠೇವಣಿ ಅಥವಾ FD ಸರಾಸರಿ ರಿಟರ್ನ್ ದರ

ಸ್ಥಿರ ಠೇವಣಿಗಳ ಸರಾಸರಿ ರಿಟರ್ನ್ ದರವು 8-8.5% p.a. 2016 ರಲ್ಲಿ (ಆದ್ದರಿಂದ ಒಬ್ಬರು ಮೇಲಿನ ಆದಾಯವನ್ನು ಕೋಷ್ಟಕದಲ್ಲಿ ಹೋಲಿಸಬಹುದು). ಆದಾಗ್ಯೂ, ಕಳೆದ ಒಂದು ವರ್ಷದಲ್ಲಿ, ರಿಟರ್ನ್ ದರವು 6.6-7.5% p.a ಗೆ ಇಳಿದಿದೆ.

ಮೇಲಿನ ವಿವರಣೆಯೊಂದಿಗೆ, ಸಾಲ ನಿಧಿಗಳ ಆದಾಯದ ಸರಾಸರಿ ದರವು ಸ್ಥಿರ ಠೇವಣಿಗಳಿಗಿಂತ ಉತ್ತಮವಾಗಿದೆ ಎಂಬುದು ಸ್ಪಷ್ಟವಾಗಿದೆ.

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ದೀರ್ಘಾವಧಿಯ ಹಿಡುವಳಿ ಅವಧಿ

ದೀರ್ಘ ಉದ್ದೇಶಿತ ಹಿಡುವಳಿ ಅವಧಿಯೊಂದಿಗೆ, ಸಾಲ ನಿಧಿಗಳು FD ಗಳಿಗಿಂತ ಉತ್ತಮವೆಂದು ಸಾಬೀತುಪಡಿಸಬಹುದು.

ಇಲ್ಲಿ ಹೂಡಿಕೆ ಮಾಡುವ ಆಯ್ಕೆಗಳೆಂದರೆ:

ದೀರ್ಘಾವಧಿಯ ಆದಾಯ ನಿಧಿಗಳು
ದೀರ್ಘಕಾಲದ ಗಿಲ್ಟ್,
ಕಾರ್ಪೊರೇಟ್ಕರಾರುಪತ್ರ ನಿಧಿಗಳು (ಹೆಚ್ಚಿನ ಇಳುವರಿ ನಿಧಿಗಳು), ದ್ರವದ ಮೇಲೆ ತಿಳಿಸಲಾದ ಆಯ್ಕೆಗಳ ಜೊತೆಗೆ, ಅಲ್ಟ್ರಾ-ಶಾರ್ಟ್ ಮತ್ತು ಅಲ್ಪಾವಧಿಯ ಹಣವನ್ನು ಸಹ ಬಳಸಬಹುದು.

ಹಿಡುವಳಿ ಅವಧಿಯು 3 ವರ್ಷಗಳು ಅಥವಾ ಅದಕ್ಕಿಂತ ಹೆಚ್ಚಿನದಾಗಿರಬಹುದು, ನಾವು ಈ ಕೆಳಗಿನವುಗಳನ್ನು ಹೇಳಬಹುದು:

ಜೊತೆಗೆಬಂಡವಾಳ ಇಂಡೆಕ್ಸೇಶನ್ ಪ್ರಯೋಜನಗಳೊಂದಿಗೆ 20% ರಷ್ಟು ತೆರಿಗೆಯನ್ನು ಗಳಿಸಿದರೆ, ನಿವ್ವಳ ತೆರಿಗೆ ಸಂಭವವು ಕನಿಷ್ಠವಾಗಿರುತ್ತದೆ (ಆದಾಗ್ಯೂ ಒಬ್ಬರು ತೆರಿಗೆಗೆ ಒಳಗಾದ ವರ್ಷವನ್ನು ನೀಡಿದ ತೆರಿಗೆ ಘಟನೆಯನ್ನು ಲೆಕ್ಕ ಹಾಕಬೇಕು)
ದೀರ್ಘಾವಧಿಯ ಆದಾಯ ನಿಧಿಗಳು/ಗಿಲ್ಟ್ ನಿಧಿಗಳು ಹೆಚ್ಚಿನ ಇಳುವರಿಯೊಂದಿಗೆ ಮತ್ತು ಹೆಚ್ಚುವರಿಯಾಗಿ, ಬಡ್ಡಿದರಗಳು ಕಡಿಮೆಯಾದರೆ ಹೆಚ್ಚಿನ ಆದಾಯವನ್ನು ನೀಡುತ್ತದೆ.
ಈ ಸಾಲ ನಿಧಿಗಳೊಂದಿಗೆ ಹೆಚ್ಚಿನ ಎರಡಂಕಿಯ ಆದಾಯದೊಂದಿಗೆ ಒಬ್ಬರು ಕೊನೆಗೊಳ್ಳಬಹುದು.

ದೀರ್ಘಾವಧಿಯ ಆದಾಯ ನಿಧಿಗಳ ಮೇಲಿನ ಆದಾಯದ ಕೆಳಗಿನ ಉದಾಹರಣೆಯನ್ನು ತೆಗೆದುಕೊಳ್ಳಿ, ವರ್ಗಕ್ಕೆ ಸರಾಸರಿ ಕೊನೆಯ 1-ವರ್ಷದ ಆದಾಯವು 12.19% ಮತ್ತು ಕಳೆದ 3 ವರ್ಷಗಳಲ್ಲಿ 10.32% p.a. ಈ ಅವಧಿಯಲ್ಲಿ ಯಾವುದೇ ಎಫ್‌ಡಿ ಇದೇ ರೀತಿಯ ರಿಟರ್ನ್ ನೀಡುತ್ತಿರಲಿಲ್ಲ. ಗಿಲ್ಟ್ ಫಂಡ್ ರಿಟರ್ನ್ಸ್ ಇನ್ನೂ ಹೆಚ್ಚಾಗಿರುತ್ತದೆ. ಅದೇ ಅವಧಿಯಲ್ಲಿ, ಕಳೆದ ವರ್ಷದ ಎಫ್‌ಡಿ ದರಗಳು ಹೆಚ್ಚಿನ ಬ್ಯಾಂಕ್‌ಗಳಲ್ಲಿ ವಾರ್ಷಿಕ 8-8.5% ರ ಸಮೀಪ ಇರುತ್ತಿತ್ತು, (ಇಂದು ದರಗಳು ಇನ್ನೂ 6.5 - 7.5% ಕ್ಕೆ ಇಳಿದಿವೆ)

ಆದ್ದರಿಂದ ಹೂಡಿಕೆದಾರರು ದೀರ್ಘಾವಧಿಯ ಹಿಡುವಳಿ ಅವಧಿಯನ್ನು ಹೊಂದಿರುವ ಮತ್ತು ಬಡ್ಡಿದರಗಳು ಕಡಿಮೆಯಾಗುವುದರೊಂದಿಗೆ, ಸಾಲ ನಿಧಿ (ದೀರ್ಘಾವಧಿಯ ಆದಾಯ ಅಥವಾ ಗಿಲ್ಟ್) FD ಗಿಂತ ಉತ್ತಮ ಆದಾಯವನ್ನು ನೀಡುತ್ತದೆ. ಬಡ್ಡಿದರಗಳು ಕಡಿಮೆಯಾಗದಿದ್ದರೂ ಸಹ, ಹೆಚ್ಚಿನ ಇಳುವರಿ ಕಾರ್ಪೊರೇಟ್ ಬಾಂಡ್ ಫಂಡ್‌ಗಳು ಅದೇ ಅವಧಿಯಲ್ಲಿ FD ಗಳನ್ನು ಸೋಲಿಸುತ್ತವೆ.

ಸಾಲ ಮ್ಯೂಚುವಲ್ ಫಂಡ್‌ಗಳು ಮತ್ತು ಸ್ಥಿರ ಠೇವಣಿಗಳ ಮೇಲಿನ ತೆರಿಗೆ

ಸಾಲ ನಿಧಿಗಳು ಮತ್ತು ಸ್ಥಿರ ಠೇವಣಿಗಳ ಆದಾಯವನ್ನು ನಿರ್ಧರಿಸುವಲ್ಲಿ ತೆರಿಗೆಯು ಪ್ರಮುಖ ಪಾತ್ರವನ್ನು ವಹಿಸುತ್ತದೆ. ವಿಶಿಷ್ಟವಾಗಿ, ಸ್ಥಿರ ಠೇವಣಿಗಳ ಮೇಲಿನ ತೆರಿಗೆಯು 33% (ತೆರಿಗೆಯ ಕನಿಷ್ಠ ದರ) ಆದರೆ ಡೆಟ್ ಫಂಡ್‌ಗಳಲ್ಲಿ ಒಬ್ಬರು 3-ವರ್ಷಕ್ಕಿಂತ ಕಡಿಮೆ ವೀಕ್ಷಣೆಯೊಂದಿಗೆ ಹೂಡಿಕೆ ಮಾಡಿದರೆ ಡಿಡಿಟಿ (ಡಿವಿಡೆಂಡ್ ಡಿಸ್ಟ್ರಿಬ್ಯೂಷನ್ ಟ್ಯಾಕ್ಸ್) ಕಡಿತಗೊಳಿಸಿದರೆ ಡಿವಿಡೆಂಡ್ ವಿತರಣಾ ತೆರಿಗೆಯನ್ನು ಪಾವತಿಸುವುದು ಉತ್ತಮ ಆಯ್ಕೆಯಾಗಿದೆ. ಸರಿಸುಮಾರು 25% (+ಸರ್ಚಾರ್ಜ್ ಇತ್ಯಾದಿ). ಸಾಲ ಮ್ಯೂಚುವಲ್ ಫಂಡ್‌ಗಳ ಮೇಲಿನ ತೆರಿಗೆಯು ಸ್ಥಿರ ಠೇವಣಿಗಳಿಗಿಂತ ತುಲನಾತ್ಮಕವಾಗಿ ಕಡಿಮೆಯಾಗಿದೆ ಎಂದು ಇದು ತೋರಿಸುತ್ತದೆ.

ಸಾಲ ನಿಧಿಗಳೊಂದಿಗೆ ಬರುವ ಹೆಚ್ಚುವರಿ ಪ್ರಯೋಜನಗಳೆಂದರೆ:

ದ್ರವ್ಯತೆ: 1-2 ದಿನಗಳಲ್ಲಿ ಹಣ ಲಭ್ಯವಿದೆವಿಮೋಚನೆ
ವೃತ್ತಿಪರ ನಿರ್ವಹಣೆ: ಕಾರ್ಯತಂತ್ರವನ್ನು ಕ್ರಿಯಾತ್ಮಕವಾಗಿ ಬದಲಾಯಿಸುವ ಮತ್ತು ಮಾರುಕಟ್ಟೆಗಳ ಲಾಭವನ್ನು ಪಡೆಯುವ ಸಾಮರ್ಥ್ಯ
ಯಾವುದೇ ಅಕಾಲಿಕ ವಾಪಸಾತಿ ದಂಡವಿಲ್ಲ.

ಸಂಕ್ಷಿಪ್ತವಾಗಿ ಹೇಳುವುದಾದರೆ:

ನಿಯತಾಂಕಗಳು	ಮ್ಯೂಚುಯಲ್ ಫಂಡ್ಗಳು	ಸ್ಥಿರ ಠೇವಣಿ
ರಿಟರ್ನ್ಸ್ ದರ	ಯಾವುದೇ ಖಚಿತವಾದ ರಿಟರ್ನ್ಸ್ ಇಲ್ಲ	ಸ್ಥಿರ ರಿಟರ್ನ್ಸ್
ಹಣದುಬ್ಬರ ಸರಿಹೊಂದಿಸಿದ ರಿಟರ್ನ್ಸ್	ಅಧಿಕ ಹಣದುಬ್ಬರ ಹೊಂದಾಣಿಕೆಯ ಆದಾಯದ ಸಾಮರ್ಥ್ಯ	ಸಾಮಾನ್ಯವಾಗಿ ಕಡಿಮೆ ಹಣದುಬ್ಬರ ಹೊಂದಾಣಿಕೆಯ ಆದಾಯ
ಅಪಾಯ	ಕಡಿಮೆಯಿಂದ ಹೆಚ್ಚಿನ ಅಪಾಯ (ನಿಧಿಯನ್ನು ಅವಲಂಬಿಸಿರುತ್ತದೆ	ಕಡಿಮೆ ಅಪಾಯ
ದ್ರವ್ಯತೆ	ದ್ರವ	ದ್ರವ
ಅಕಾಲಿಕ ಹಿಂತೆಗೆದುಕೊಳ್ಳುವಿಕೆ	ನಿರ್ಗಮನ ಲೋಡ್‌ನೊಂದಿಗೆ ಅನುಮತಿಸಲಾಗಿದೆ/ಲೋಡ್ ಇಲ್ಲ	ದಂಡದೊಂದಿಗೆ ಅನುಮತಿಸಲಾಗಿದೆ
ಹೂಡಿಕೆಯ ವೆಚ್ಚ	ನಿರ್ವಹಣಾ ವೆಚ್ಚ/ವೆಚ್ಚದ ಅನುಪಾತ	ಯಾವುದೇ ವೆಚ್ಚವಿಲ್ಲ

ಟಾಪ್ 8 ಅತ್ಯುತ್ತಮ ಕಾರ್ಯಕ್ಷಮತೆಯ ಸಾಲ ನಿಧಿಗಳು 2022

ಮೇಲಿನ ನಿವ್ವಳ ಸ್ವತ್ತುಗಳು/AUM ಹೊಂದಿರುವ ಸಾಲ ನಿಧಿಗಳ ಪಟ್ಟಿಯನ್ನು ಕೆಳಗೆ ನೀಡಲಾಗಿದೆ1000 ಕೋಟಿ ಮತ್ತು 3 ವರ್ಷದ ಸಂಯೋಜನೆಯಲ್ಲಿ ವಿಂಗಡಿಸಲಾಗಿದೆ (ಸಿಎಜಿಆರ್) ಹಿಂದಿರುಗಿಸುತ್ತದೆ.

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 (₹1,092 Cr).
Established history (10+ yrs).
Not Rated.
Risk profile: Moderate.
1Y return: 13.24% (top quartile).
1M return: 0.90% (upper mid).
Sharpe: 2.08 (upper mid).
Information ratio: 0.00 (top quartile).
Yield to maturity (debt): 7.96% (upper mid).
Modified duration: 2.41 yrs (upper mid).
Average maturity: 3.23 yrs (upper mid).
Exit load: 0-365 Days (1%),365 Days and above(NIL).
Top sector: Real Estate.
Top bond sector: Corporate.
Debt-heavy allocation (~83%).
High-quality debt (AAA/AA ~85%).
Largest holding 6.79% Gs 2034 (~4.4%).

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 (18 Feb 26)	₹24.3116 ↓ -0.01 (-0.03 %)
Net Assets (Cr)	₹1,092 on 31 Dec 25
Category	Debt - Credit Risk
AMC	Birla Sun Life Asset Management Co Ltd
Rating	Not Rated
Risk	Moderate
Expense Ratio	1.54
Sharpe Ratio	2.08
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	3 Years 2 Months 23 Days
Modified Duration	2 Years 4 Months 28 Days

Growth of 10,000 investment over the years.

Date	Value
31 Jan 21	₹10,000
31 Jan 22	₹10,598
31 Jan 23	₹11,371
31 Jan 24	₹12,166
31 Jan 25	₹13,642
31 Jan 26	₹15,895

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 18 Feb 26

Duration	Returns
1 Month	0.9%
3 Month	4.9%
6 Month	7.4%
1 Year	13.2%
3 Year	12%
5 Year	9.9%
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	10.8 Yr.
Mohit Sharma	6 Aug 20	5.49 Yr.

Data below for Aditya Birla Sun Life Credit Risk Fund as on 31 Dec 25

Asset Allocation

Asset Class	Value
Cash	9.54%
Equity	7.14%
Debt	83.01%
Other	0.31%

Debt Sector Allocation

Sector	Value
Corporate	60.11%
Government	22.9%
Cash Equivalent	9.54%

Credit Quality

Rating	Value
A	14.57%
AA	54.68%
AAA	30.75%

Top Securities Holdings / Portfolio

Name	Holding	Value	Quantity
6.79% Gs 2034 Sovereign Bonds \| -	4%	₹50 Cr	5,000,000 ↓ -1,000,000
Aditya Birla Real Estate Limited Debentures \| -	4%	₹45 Cr	4,500
Jubilant Bevco Limited Debentures \| -	4%	₹43 Cr	4,000 ↑ 1,000
National Bank For Agriculture And Rural Development Debentures \| -	4%	₹40 Cr	4,000
GMR Airports Limited Debentures \| -	3%	₹38 Cr	3,700
7.10% Gs 2034 Sovereign Bonds \| -	3%	₹36 Cr	3,500,000
IKF Finance Limited Debentures \| -	3%	₹35 Cr	3,500
National Bank For Agriculture And Rural Development Debentures \| -	3%	₹35 Cr	3,500
Hinduja Leyland Finance Limited Debentures \| -	3%	₹34 Cr	3,500
Kogta Financial (India) Limited Debentures \| -	3%	₹32 Cr	3,250

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

Top quartile AUM (₹2,905 Cr).
Established history (16+ yrs).
Top rated.
Risk profile: Moderate.
1Y return: 10.22% (top quartile).
1M return: 0.82% (bottom quartile).
Sharpe: 2.01 (upper mid).
Information ratio: 0.00 (top quartile).
Yield to maturity (debt): 7.78% (lower mid).
Modified duration: 3.40 yrs (bottom quartile).
Average maturity: 4.52 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 (~93%).
High-quality debt (AAA/AA ~90%).
Largest holding 6.79% Gs 2034 (~9.4%).

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 (18 Feb 26)	₹42.276 ↓ -0.01 (-0.02 %)
Net Assets (Cr)	₹2,905 on 31 Dec 25
Category	Debt - Medium term Bond
AMC	Birla Sun Life Asset Management Co Ltd
Rating	☆☆☆☆
Risk	Moderate
Expense Ratio	1.57
Sharpe Ratio	2.01
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	7.78%
Effective Maturity	4 Years 6 Months 7 Days
Modified Duration	3 Years 4 Months 24 Days

Growth of 10,000 investment over the years.

Date	Value
31 Jan 21	₹10,000
31 Jan 22	₹10,660
31 Jan 23	₹13,326
31 Jan 24	₹14,282
31 Jan 25	₹15,800
31 Jan 26	₹17,695

Aditya Birla Sun Life Medium Term Plan SIP Returns

Total investment amount is ₹180,000
expected amount after 3 Years is ₹218,539.
Net Profit of ₹38,539 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 18 Feb 26

Duration	Returns
1 Month	0.8%
3 Month	2.9%
6 Month	5.1%
1 Year	10.2%
3 Year	10.1%
5 Year	12.1%
10 Year
15 Year
Since launch	8.9%

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	11.43 Yr.
Mohit Sharma	6 Aug 20	5.49 Yr.

Data below for Aditya Birla Sun Life Medium Term Plan as on 31 Dec 25

Asset Allocation

Asset Class	Value
Cash	3.17%
Equity	4%
Debt	92.55%
Other	0.27%

Debt Sector Allocation

Sector	Value
Corporate	57.6%
Government	34.95%
Cash Equivalent	3.17%

Credit Quality

Rating	Value
A	10.07%
AA	38.92%
AAA	51.02%

Top Securities Holdings / Portfolio

Name	Holding	Value	Quantity
6.79% Gs 2034 Sovereign Bonds \| -	9%	₹281 Cr	28,000,000
7.10% Gs 2034 Sovereign Bonds \| -	8%	₹227 Cr	22,196,700 ↓ -1,500,000
7.18% Gs 2033 Sovereign Bonds \| -	6%	₹190 Cr	18,500,000
National Bank For Agriculture And Rural Development Debentures \| -	4%	₹113 Cr	11,500
Hinduja Leyland Finance Limited Debentures \| -	4%	₹108 Cr	11,000
Nuvama Wealth Finance Limited Debentures \| -	3%	₹96 Cr	9,500
GMR Airports Limited Debentures \| -	3%	₹82 Cr	8,000
Jubilant Bevco Limited Debentures \| -	3%	₹80 Cr	7,400
Jtpm Metal TRaders Limited Debentures \| -	3%	₹79 Cr	7,673
Kogta Financial (India) Limited Debentures \| -	2%	₹72 Cr	7,250

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

Highest AUM (₹5,920 Cr).
Established history (15+ yrs).
Rating: 1★ (bottom quartile).
Risk profile: Moderate.
1Y return: 9.56% (upper mid).
1M return: 0.78% (bottom quartile).
Sharpe: 3.32 (top quartile).
Information ratio: 0.00 (upper mid).
Yield to maturity (debt): 8.28% (top quartile).
Modified duration: 1.90 yrs (top quartile).
Average maturity: 2.97 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 (~76%).
High-quality debt (AAA/AA ~79%).
Largest holding 6.68% Gs 2040 (~5.7%).

Below is the key information for ICICI Prudential Regular Savings Fund

ICICI Prudential Regular Savings Fund Growth
Launch Date	3 Dec 10
NAV (18 Feb 26)	₹33.5203 ↓ -0.03 (-0.08 %)
Net Assets (Cr)	₹5,920 on 31 Dec 25
Category	Debt - Credit Risk
AMC	ICICI Prudential Asset Management Company Limited
Rating	☆
Risk	Moderate
Expense Ratio	1.43
Sharpe Ratio	3.32
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	8.28%
Effective Maturity	2 Years 11 Months 19 Days
Modified Duration	1 Year 10 Months 24 Days

Growth of 10,000 investment over the years.

Date	Value
31 Jan 21	₹10,000
31 Jan 22	₹10,637
31 Jan 23	₹11,163
31 Jan 24	₹12,051
31 Jan 25	₹13,030
31 Jan 26	₹14,220

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 18 Feb 26

Duration	Returns
1 Month	0.8%
3 Month	1.7%
6 Month	4.3%
1 Year	9.6%
3 Year	8.6%
5 Year	7.4%
10 Year
15 Year
Since launch	8.3%

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	9.24 Yr.
Akhil Kakkar	22 Jan 24	2.03 Yr.

Data below for ICICI Prudential Regular Savings Fund as on 31 Dec 25

Asset Allocation

Asset Class	Value
Cash	13.75%
Equity	9.52%
Debt	76.34%
Other	0.38%

Debt Sector Allocation

Sector	Value
Corporate	62.53%
Government	14.64%
Cash Equivalent	12.93%

Credit Quality

Rating	Value
A	21.46%
AA	57.58%
AAA	20.96%

Top Securities Holdings / Portfolio

Name	Holding	Value	Quantity
6.68% Gs 2040 Sovereign Bonds \| -	6%	₹336 Cr	34,926,400
Embassy Office Parks REIT (Real Estate) -, Since 30 Apr 25 \| EMBASSY	4%	₹252 Cr	5,791,885
Keystone Realtors Limited Debentures \| -	4%	₹234 Cr	23,500
Millennia Realtors Private Limited Debentures \| -	4%	₹210 Cr	2,100
Vedanta Limited Debentures \| -	3%	₹201 Cr	20,000
Adani Enterprises Limited Debentures \| -	3%	₹198 Cr	20,000
Bamboo Hotel And Global Centre (Delhi) Private Limited Debentures \| -	3%	₹187 Cr	18,500
Jtpm Metal TRaders Limited Debentures \| -	3%	₹186 Cr	18,000
Varroc Engineering Limited Debentures \| -	3%	₹172 Cr	25,000
Nirma Limited Debentures \| -	3%	₹151 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 (₹1,016 Cr).
Established history (20+ yrs).
Rating: 2★ (lower mid).
Risk profile: Moderate.
1Y return: 8.87% (upper mid).
1M return: 1.01% (top quartile).
Sharpe: 2.73 (top quartile).
Information ratio: 0.00 (upper mid).
Yield to maturity (debt): 6.91% (bottom quartile).
Modified duration: 0.72 yrs (top quartile).
Average maturity: 0.77 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 ~71%).
Largest holding 7.02% Gs 2031 (~7.4%).

Below is the key information for Nippon India Credit Risk Fund

Nippon India Credit Risk Fund Growth
Launch Date	8 Jun 05
NAV (18 Feb 26)	₹36.6682 ↑ 0.00 (0.01 %)
Net Assets (Cr)	₹1,016 on 31 Dec 25
Category	Debt - Credit Risk
AMC	Nippon Life Asset Management Ltd.
Rating	☆☆
Risk	Moderate
Expense Ratio	1.46
Sharpe Ratio	2.73
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	6.91%
Effective Maturity	9 Months 7 Days
Modified Duration	8 Months 19 Days

Growth of 10,000 investment over the years.

Date	Value
31 Jan 21	₹10,000
31 Jan 22	₹11,334
31 Jan 23	₹11,791
31 Jan 24	₹12,743
31 Jan 25	₹13,804
31 Jan 26	₹14,967

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 18 Feb 26

Duration	Returns
1 Month	1%
3 Month	1.5%
6 Month	3.5%
1 Year	8.9%
3 Year	8.5%
5 Year	8.5%
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	7.7 Yr.
Sushil Budhia	1 Feb 20	6.01 Yr.
Lokesh Maru	5 Sep 25	0.41 Yr.
Divya Sharma	5 Sep 25	0.41 Yr.

Data below for Nippon India Credit Risk Fund as on 31 Dec 25

Asset Allocation

Asset Class	Value
Cash	12.38%
Debt	87.33%
Other	0.29%

Debt Sector Allocation

Sector	Value
Corporate	69.67%
Government	17.66%
Cash Equivalent	12.38%

Credit Quality

Rating	Value
A	29.3%
AA	37.99%
AAA	32.71%

Top Securities Holdings / Portfolio

Name	Holding	Value	Quantity
7.02% Gs 2031 Sovereign Bonds \| -	7%	₹77 Cr	7,500,000
Renew Solar Energy (Jharkhand Five) Private Limited Debentures \| -	5%	₹47 Cr	5,000
TRuhome Finance Limited Debentures \| -	4%	₹41 Cr	4,000
Navi Finserv Limited Debentures \| -	4%	₹40 Cr	40,000
GAursons India Private Limited Debentures \| -	4%	₹40 Cr	4,000
The Sandur Manganese And Iron Ores Limited Debentures \| -	4%	₹37 Cr	4,000
Mancherial Repallewada Road Private Limited Debentures \| -	3%	₹36 Cr	4,500
Delhi International Airport Limited Debentures \| -	3%	₹36 Cr	3,500
Vedanta Limited Debentures \| -	3%	₹35 Cr	3,500
Renserv Global Private Limited Debentures \| -	3%	₹35 Cr	3,500

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 (₹2,015 Cr).
Established history (11+ yrs).
Rating: 3★ (upper mid).
Risk profile: Moderate.
1Y return: 8.83% (lower mid).
1M return: 0.85% (lower mid).
Sharpe: 1.71 (lower mid).
Information ratio: 0.00 (lower mid).
Yield to maturity (debt): 7.89% (upper mid).
Modified duration: 3.23 yrs (lower mid).
Average maturity: 4.69 yrs (bottom quartile).
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 (~82%).
High-quality debt (AAA/AA ~92%).
Largest holding Jtpm Metal TRaders Limited (~5.2%).

Below is the key information for Kotak Medium Term Fund

Kotak Medium Term Fund Growth
Launch Date	25 Mar 14
NAV (18 Feb 26)	₹23.8393 ↓ -0.03 (-0.11 %)
Net Assets (Cr)	₹2,015 on 31 Dec 25
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	7.89%
Effective Maturity	4 Years 8 Months 8 Days
Modified Duration	3 Years 2 Months 23 Days

Growth of 10,000 investment over the years.

Date	Value
31 Jan 21	₹10,000
31 Jan 22	₹10,484
31 Jan 23	₹10,809
31 Jan 24	₹11,582
31 Jan 25	₹12,584
31 Jan 26	₹13,614

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 18 Feb 26

Duration	Returns
1 Month	0.9%
3 Month	1.4%
6 Month	4%
1 Year	8.8%
3 Year	8.3%
5 Year	6.7%
10 Year
15 Year
Since launch	7.5%

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	11.87 Yr.
Vihag Mishra	1 Jun 25	0.67 Yr.

Data below for Kotak Medium Term Fund as on 31 Dec 25

Asset Allocation

Asset Class	Value
Cash	7.59%
Equity	9.74%
Debt	82.39%
Other	0.29%

Debt Sector Allocation

Sector	Value
Corporate	72.02%
Government	10.36%
Cash Equivalent	7.59%

Credit Quality

Rating	Value
A	8.05%
AA	53.96%
AAA	37.99%

Top Securities Holdings / Portfolio

Name	Holding	Value	Quantity
Jtpm Metal TRaders Limited Debentures \| -	5%	₹103 Cr	10,000
L&T Metro Rail (Hyderabad) Limited Debentures \| -	5%	₹100 Cr	10,000
Bamboo Hotel And Global Centre (Delhi) Private Limited Debentures \| -	5%	₹91 Cr	9,000
Adani Power Ltd Debentures \| -	5%	₹90 Cr	9,000 ↑ 9,000
Embassy Office Parks REIT (Real Estate) -, Since 31 May 21 \| EMBASSY	4%	₹87 Cr	1,998,346
TATA Steel Limited Debentures \| -	4%	₹76 Cr	750
Pipeline Infrastructure Limited Debentures \| -	3%	₹64 Cr	6,280
Aditya Birla Renewables Limited Debentures \| -	3%	₹60 Cr	6,000
Aditya Birla Real Estate Limited Debentures \| -	3%	₹55 Cr	5,500
Indigrid Infrastructure Trust Debentures \| -	3%	₹51 Cr	5,000

6. ICICI Prudential Constant Maturity Gilt Fund

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.

Research Highlights for ICICI Prudential Constant Maturity Gilt Fund

Upper mid AUM (₹2,550 Cr).
Established history (11+ yrs).
Rating: 3★ (lower mid).
Risk profile: Moderate.
1Y return: 7.14% (bottom quartile).
1M return: 0.95% (upper mid).
Sharpe: 0.45 (bottom quartile).
Information ratio: 0.00 (lower mid).
Yield to maturity (debt): 6.82% (bottom quartile).
Modified duration: 6.82 yrs (bottom quartile).
Average maturity: 9.62 yrs (bottom quartile).
Exit load: 0-7 Days (0.25%),7 Days and above(NIL).
Higher exposure to Government (bond sector) vs peer median.
Debt-heavy allocation (~92%).
High-quality debt (AAA/AA ~100%).
Largest holding 6.64% Gs 2035 (~28.9%).
Top-3 holdings concentration ~61.8%.

Below is the key information for ICICI Prudential Constant Maturity Gilt Fund

ICICI Prudential Constant Maturity Gilt Fund Growth
Launch Date	12 Sep 14
NAV (18 Feb 26)	₹25.4107 ↓ -0.02 (-0.07 %)
Net Assets (Cr)	₹2,550 on 31 Dec 25
Category	Debt - 10 Yr Govt Bond
AMC	ICICI Prudential Asset Management Company Limited
Rating	☆☆☆
Risk	Moderate
Expense Ratio	0.39
Sharpe Ratio	0.45
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	6.82%
Effective Maturity	9 Years 7 Months 13 Days
Modified Duration	6 Years 9 Months 25 Days

Growth of 10,000 investment over the years.

Date	Value
31 Jan 21	₹10,000
31 Jan 22	₹10,202
31 Jan 23	₹10,450
31 Jan 24	₹11,300
31 Jan 25	₹12,356
31 Jan 26	₹13,180

ICICI Prudential Constant Maturity Gilt 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 Constant Maturity Gilt Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 18 Feb 26

Duration	Returns
1 Month	1%
3 Month	1.1%
6 Month	2.7%
1 Year	7.1%
3 Year	8.2%
5 Year	6.2%
10 Year
15 Year
Since launch	8.5%

Historical performance (Yearly) on absolute basis

Year	Returns
2024	7.5%
2023	9.3%
2022	7.7%
2021	1.2%
2020	2.8%
2019	13.6%
2018	12.8%
2017	9.7%
2016	2.4%
2015	16.2%

Fund Manager information for ICICI Prudential Constant Maturity Gilt Fund

Name	Since	Tenure
Manish Banthia	22 Jan 24	2.03 Yr.
Raunak Surana	22 Jan 24	2.03 Yr.

Data below for ICICI Prudential Constant Maturity Gilt Fund as on 31 Dec 25

Asset Allocation

Asset Class	Value
Cash	7.5%
Debt	92.5%

Debt Sector Allocation

Sector	Value
Government	92.5%
Cash Equivalent	7.5%

Credit Quality

Rating	Value
AAA	100%

Top Securities Holdings / Portfolio

Name	Holding	Value	Quantity
6.64% Gs 2035 Sovereign Bonds \| -	29%	₹725 Cr	73,000,000
7.18% Gs 2037 Sovereign Bonds \| -	17%	₹420 Cr	41,200,000
7.10% Gs 2034 Sovereign Bonds \| -	16%	₹406 Cr	39,719,850
7.41% Gs 2036 Sovereign Bonds \| -	14%	₹348 Cr	33,500,000
6.68% Gs 2040 Sovereign Bonds \| -	13%	₹318 Cr	32,992,500
6.79% Gs 2034 Sovereign Bonds \| -	7%	₹173 Cr	17,208,200
6.19% Gs 2034 Sovereign Bonds \| -	1%	₹29 Cr	3,000,000
6.48% Gs 2035 Sovereign Bonds \| -	1%	₹26 Cr	2,666,300 ↓ -1,000,000
6.67% Gs 2035 Sovereign Bonds \| -	1%	₹25 Cr	2,500,000
Interest Rate Swaps- Md -06-Jan-2031 (Pay Fixed/Receive Float) - \| -	6%	-₹150 Cr

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.

Research Highlights for SBI Credit Risk Fund

Upper mid AUM (₹2,175 Cr).
Oldest track record among peers (21 yrs).
Rating: 4★ (top quartile).
Risk profile: Moderate.
1Y return: 7.80% (bottom quartile).
1M return: 1.02% (top quartile).
Sharpe: 1.80 (lower mid).
Information ratio: 0.00 (bottom quartile).
Yield to maturity (debt): 8.15% (top quartile).
Modified duration: 2.15 yrs (upper mid).
Average maturity: 2.88 yrs (top quartile).
Exit load: 0-12 Months (3%),12-24 Months (1.5%),24-36 Months (0.75%),36 Months and above(NIL).
Top sector: Industrials.
Top bond sector: Corporate.
Debt-heavy allocation (~81%).
High-quality debt (AAA/AA ~82%).
Largest holding 7.02% Gs 2031 (~7.1%).

Below is the key information for SBI Credit Risk Fund

SBI Credit Risk Fund Growth
Launch Date	19 Jul 04
NAV (18 Feb 26)	₹47.539 ↓ -0.01 (-0.01 %)
Net Assets (Cr)	₹2,175 on 31 Dec 25
Category	Debt - Credit Risk
AMC	SBI Funds Management Private Limited
Rating	☆☆☆☆
Risk	Moderate
Expense Ratio	1.55
Sharpe Ratio	1.8
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	8.15%
Effective Maturity	2 Years 10 Months 17 Days
Modified Duration	2 Years 1 Month 24 Days

Growth of 10,000 investment over the years.

Date	Value
31 Jan 21	₹10,000
31 Jan 22	₹10,519
31 Jan 23	₹10,972
31 Jan 24	₹11,900
31 Jan 25	₹12,873
31 Jan 26	₹13,827

SBI Credit Risk 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 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 18 Feb 26

Duration	Returns
1 Month	1%
3 Month	1.3%
6 Month	3.3%
1 Year	7.8%
3 Year	8.2%
5 Year	6.9%
10 Year
15 Year
Since launch	7.5%

Historical performance (Yearly) on absolute basis

Year	Returns
2024	7.9%
2023	8.1%
2022	8.3%
2021	4.2%
2020	5%
2019	9.8%
2018	6.5%
2017	6.2%
2016	6.9%
2015	10.5%

Fund Manager information for SBI Credit Risk Fund

Name	Since	Tenure
Lokesh Mallya	1 Feb 17	9.01 Yr.

Data below for SBI Credit Risk Fund as on 31 Dec 25

Asset Allocation

Asset Class	Value
Cash	14.08%
Equity	4.2%
Debt	81.34%
Other	0.38%

Debt Sector Allocation

Sector	Value
Corporate	64.06%
Government	17.28%
Cash Equivalent	14.08%

Credit Quality

Rating	Value
A	18.19%
AA	60.03%
AAA	21.78%

Top Securities Holdings / Portfolio

Name	Holding	Value	Quantity
7.02% Gs 2031 Sovereign Bonds \| -	7%	₹153 Cr	15,000,000
Infopark Properties Limited Debentures \| -	5%	₹105 Cr	10,500
Renew Solar Energy (Jharkhand Five) Private Limited Debentures \| -	5%	₹103 Cr	11,000
H.G. Infra Engineering Limited Debentures \| -	5%	₹99 Cr	10,000
Nj Capital Private Limited Debentures \| -	5%	₹99 Cr	10,000
6.48% Gs 2035 Sovereign Bonds \| -	5%	₹98 Cr	10,000,000
Jtpm Metal TRaders Limited Debentures \| -	4%	₹93 Cr	9,000
Renserv Global Private Limited Debentures \| -	4%	₹80 Cr	8,000
Avanse Financial Services Limited Debentures \| -	4%	₹80 Cr	8,000
The Sandur Manganese And Iron Ores Limited Debentures \| -	4%	₹80 Cr	8,500

8. 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 (₹2,059 Cr).
Established history (13+ yrs).
Rating: 4★ (upper mid).
Risk profile: Moderate.
1Y return: 7.97% (lower mid).
1M return: 0.85% (lower mid).
Sharpe: 1.39 (bottom quartile).
Information ratio: 0.00 (bottom quartile).
Yield to maturity (debt): 7.86% (lower mid).
Modified duration: 3.33 yrs (lower mid).
Average maturity: 4.60 yrs (lower mid).
Exit load: 0-12 Months (1%),12 Months and above(NIL).
Top sector: Utility.
Top bond sector: Corporate.
Debt-heavy allocation (~94%).
High-quality debt (AAA/AA ~88%).
Largest holding 6.48% Gs 2035 (~7.6%).

Below is the key information for Axis Strategic Bond Fund

Axis Strategic Bond Fund Growth
Launch Date	28 Mar 12
NAV (18 Feb 26)	₹29.1382 ↓ -0.01 (-0.03 %)
Net Assets (Cr)	₹2,059 on 31 Dec 25
Category	Debt - Medium term Bond
AMC	Axis Asset Management Company Limited
Rating	☆☆☆☆
Risk	Moderate
Expense Ratio	1.08
Sharpe Ratio	1.39
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	7.86%
Effective Maturity	4 Years 7 Months 6 Days
Modified Duration	3 Years 3 Months 29 Days

Growth of 10,000 investment over the years.

Date	Value
31 Jan 21	₹10,000
31 Jan 22	₹10,526
31 Jan 23	₹10,958
31 Jan 24	₹11,778
31 Jan 25	₹12,796
31 Jan 26	₹13,780

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 18 Feb 26

Duration	Returns
1 Month	0.8%
3 Month	1.2%
6 Month	3.2%
1 Year	8%
3 Year	8.1%
5 Year	6.8%
10 Year
15 Year
Since launch	8%

Historical performance (Yearly) on absolute basis

Year	Returns
2024	8.2%
2023	8.7%
2022	7.3%
2021	3.8%
2020	5.2%
2019	10.5%
2018	7.1%
2017	6.7%
2016	7.5%
2015	11.6%

Fund Manager information for Axis Strategic Bond Fund

Name	Since	Tenure
Devang Shah	5 Nov 12	13.25 Yr.
Sachin Jain	1 Feb 23	3 Yr.
Akhil Thakker	1 Feb 23	3 Yr.

Data below for Axis Strategic Bond Fund as on 31 Dec 25

Asset Allocation

Asset Class	Value
Cash	3.04%
Equity	2.39%
Debt	94.28%
Other	0.29%

Debt Sector Allocation

Sector	Value
Corporate	64.52%
Government	29.75%
Cash Equivalent	3.04%

Credit Quality

Rating	Value
A	12.29%
AA	48.07%
AAA	39.64%

Top Securities Holdings / Portfolio

Name	Holding	Value	Quantity
6.48% Gs 2035 Sovereign Bonds \| -	8%	₹156 Cr	15,800,000 ↓ -5,000,000
7.10% Gs 2034 Sovereign Bonds \| -	6%	₹115 Cr	11,200,000
Jubilant Beverages Limited Debentures \| -	3%	₹70 Cr	6,500
GMR Hyderabad International Airport Ltd Debentures \| -	3%	₹66 Cr	6,500
7.18% Tamilnadu Sgs 2033 Sovereign Bonds \| -	3%	₹63 Cr	6,358,600 ↑ 6,358,600
Vedanta Limited Debentures \| -	3%	₹60 Cr	6,000
Adani Power Ltd Debentures \| -	3%	₹60 Cr	6,000 ↑ 6,000
Jubilant Bevco Limited Debentures \| -	3%	₹59 Cr	5,500
Nuvama Wealth Finance Limited Debentures \| -	3%	₹58 Cr	5,800
Delhi International Airport Limited Debentures \| -	3%	₹56 Cr	5,500

Disclaimer:
ಇಲ್ಲಿ ಒದಗಿಸಲಾದ ಮಾಹಿತಿಯು ನಿಖರವಾಗಿದೆ ಎಂದು ಖಚಿತಪಡಿಸಿಕೊಳ್ಳಲು ಎಲ್ಲಾ ಪ್ರಯತ್ನಗಳನ್ನು ಮಾಡಲಾಗಿದೆ. ಆದಾಗ್ಯೂ, ಡೇಟಾದ ನಿಖರತೆಯ ಬಗ್ಗೆ ಯಾವುದೇ ಗ್ಯಾರಂಟಿಗಳನ್ನು ನೀಡಲಾಗುವುದಿಲ್ಲ. ಯಾವುದೇ ಹೂಡಿಕೆ ಮಾಡುವ ಮೊದಲು ದಯವಿಟ್ಟು ಸ್ಕೀಮ್ ಮಾಹಿತಿ ದಾಖಲೆಯೊಂದಿಗೆ ಪರಿಶೀಲಿಸಿ.