fincash logo SOLUTIONS
EXPLORE FUNDS
CALCULATORS
fincash number+91-22-48913909
Long Term Debt Funds | Best Long Term Debt Funds - Fincash.com

Fincash » Mutual Funds » Long Term Debt Funds

Long Term Debt Funds- When Should You Invest?

Updated on May 16, 2024 , 10928 views

Long term debt funds are a type of Debt Mutual Funds that invest in corporate Bonds and government securities (g-secs) that have a long-term maturity period. The average maturity of these funds is in excess of 3 years, most of the times. That is why, these funds are suitable for investors who wish to make a mid to long term Investment plan i.e., typically for 3-5 years or even more. Let's understand how long term debt funds works and what are the best long term bonds funds to invest in 2024.

Ready to Invest?
Talk to our investment specialist
Disclaimer:
By submitting this form I authorize Fincash.com to call/SMS/email me about its products and I accept the terms of Privacy Policy and Terms & Conditions.

Long Term Debt Funds- A Plan for Long Term Investment

Long term debt funds invest their major Underlying asset in debt instruments like corporate Debentures, bonds and money market instruments & government securities with a higher maturity period. Investors should invest in long term debt funds if they have an investment time frame of more than 3 years. Also, this fund is only suitable for investors who are willing to take some level of risk in the investment.

long-term-debt-funds

Long term debt funds are sensitive to changes in the interest rate and are more volatile than other categories of debt funds. Interest rates and prices of the debt instruments have an inverse relationship, which means that they move in opposite directions. For instance, a falling interest rate is good for debt funds or bond funds. Long term Income funds usually benefit when the interest rates are moving downwards. Moreover, during interest rate falls, the bond prices go up and this boost NAVs of the Debt fund schemes.

In a falling interest rate scenario, the average maturities of such bonds can go up to around 7-10 years. When the interest rates rise, they stock up lower tenured securities and keep the Portfolio’s average maturity low.

Mostly, it is advisable to invest in long term bond funds when the interest rates are expected to ease down because a decrease in the interest rates causes a rise in the prices of long-term securities. Investors who are comfortable with fluctuating interest rates in the Market, should only prefer Investing in long term debt funds.

Returns and Risk

These funds are meant to give returns in excess of Bank fixed deposits. Furthermore, if held for more than three years, the returns are more tax efficient. But, on the risk side, these funds can get volatile when the interest rates suddenly change direction. In a sustained rising interest rate regime, these funds give modest returns as they cannot sell long-dated bonds and switch to shorter tenured scripts.

Long Term Debt Funds Taxation

Tax implication on debt funds is computed in the following manner-

Short Term Capital Gains

If the holding period of a debt investment is less than 36 months, then it is classified as a short-term investment and these are taxed as per individual's tax slab.

Long Term Capital Gains

If the holding period of debt investment is more than 36 months, then it is classified as a long-term investment and is taxed at 20% with an indexation benefit.

Capital Gains Investment Holding Gains Taxation
Short Term Capital Gains Less than 36 months As per individual's tax slab
Long Term Capital Gains More than 36 months 20% with indexation benefits

How to Invest in Long Term Bond Funds?

Investors can invest in two ways— SIP or Lump sum. For average investors, SIP (Systematic Investment Plan) is the most viable option. It gives you a systematic option of investing monthly/quarterly/annually Basis. In a lump sum, investors have to invest a considerable amount as a one-time down payment in the scheme. The minimum investment amount for a lump sum is INR 5000, whereas for a SIP it is INR 500.

Best Long Term Bond Funds to Invest in 2024

FundNAVNet Assets (Cr)Min InvestmentMin SIP Investment3 MO (%)6 MO (%)1 YR (%)3 YR (%)2023 (%)Debt Yield (YTM)Mod. DurationEff. Maturity
ICICI Prudential Corporate Bond Fund Growth ₹27.1906
↓ 0.00
₹26,230 5,000 100 23.77.55.97.67.92%2Y 3M 14D4Y 2M 23D
IDFC Government Securities Fund - Investment Plan Growth ₹32.3165
↓ -0.05
₹1,661 5,000 1,000 1.25.87.456.87.24%11Y 7M 10D27Y 9M 29D
ICICI Prudential Gilt Fund Growth ₹93.3449
↓ -0.08
₹4,865 5,000 1,000 1.83.77.468.37.51%4Y 11M 5D9Y 6M 11D
Aditya Birla Sun Life Corporate Bond Fund Growth ₹102.562
↓ -0.02
₹21,135 1,000 100 1.93.97.45.77.37.68%3Y 7M 2D5Y 6M 14D
Axis Gilt Fund Growth ₹23.1896
↓ -0.02
₹286 5,000 1,000 1.95.17.35.17.17.2%7Y 6M 11D13Y 7D
Invesco India Gilt Fund Growth ₹2,594.26
↓ -3.69
₹328 5,000 100 1.35.37.34.86.67.25%10Y 2M 8D22Y 4M 20D
HDFC Corporate Bond Fund Growth ₹29.5961
↑ 0.00
₹28,499 5,000 300 247.25.57.27.73%3Y 8D5Y 2M
DSP BlackRock Government Securities Fund Growth ₹87.2736
↓ -0.11
₹755 1,000 500 1.25.17.25.57.17.27%10Y 1M 24D22Y 9M 4D
Aditya Birla Sun Life Government Securities Fund Growth ₹74.4464
↓ -0.08
₹1,369 1,000 1,000 1.44.875.27.17.24%8Y 5M 1D15Y 11M 5D
Nippon India Prime Debt Fund Growth ₹54.413
↑ 0.00
₹2,818 1,000 100 1.93.975.97.17.74%3Y 1M 20D4Y 1M 13D
Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 17 May 24

1. ICICI Prudential Corporate Bond Fund

(Erstwhile ICICI Prudential Ultra Short Term Plan)

ICICI Prudential Ultra Short Term Plan is an open-ended income fund that intends to generate regular income through investments in a basket of debt and money market instruments of very short maturities with a view to providing reasonable returns, while maintaining an optimum balance of safety, liquidity and yield. However, there can be no assurance that the investment objective of the scheme will be realized.

ICICI Prudential Corporate Bond Fund is a Debt - Corporate Bond fund was launched on 11 Aug 09. It is a fund with Moderately Low risk and has given a CAGR/Annualized return of 7% since its launch.  Ranked 7 in Corporate Bond category.  Return for 2023 was 7.6% , 2022 was 4.5% and 2021 was 4.1% .

Below is the key information for ICICI Prudential Corporate Bond Fund

ICICI Prudential Corporate Bond Fund
Growth
Launch Date 11 Aug 09
NAV (17 May 24) ₹27.1906 ↓ 0.00   (0.00 %)
Net Assets (Cr) ₹26,230 on 31 Mar 24
Category Debt - Corporate Bond
AMC ICICI Prudential Asset Management Company Limited
Rating
Risk Moderately Low
Expense Ratio 0.57
Sharpe Ratio 1.7
Information Ratio 0
Alpha Ratio 0
Min Investment 5,000
Min SIP Investment 100
Exit Load NIL
Yield to Maturity 7.92%
Effective Maturity 4 Years 2 Months 23 Days
Modified Duration 2 Years 3 Months 14 Days

Growth of 10,000 investment over the years.

DateValue
30 Apr 19₹10,000
30 Apr 20₹10,944
30 Apr 21₹11,913
30 Apr 22₹12,364
30 Apr 23₹13,153
30 Apr 24₹14,132

ICICI Prudential Corporate Bond Fund SIP Returns

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

Returns for ICICI Prudential Corporate 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 May 24

DurationReturns
1 Month 0.8%
3 Month 2%
6 Month 3.7%
1 Year 7.5%
3 Year 5.9%
5 Year 7.2%
10 Year
15 Year
Since launch 7%
Historical performance (Yearly) on absolute basis
YearReturns
2023 7.6%
2022 4.5%
2021 4.1%
2020 10.4%
2019 9.9%
2018 6.4%
2017 6.3%
2016 9.8%
2015 8.8%
2014 9.4%
Fund Manager information for ICICI Prudential Corporate Bond Fund
NameSinceTenure
Manish Banthia22 Jan 240.19 Yr.
Ritesh Lunawat22 Jan 240.19 Yr.

Data below for ICICI Prudential Corporate Bond Fund as on 31 Mar 24

Asset Allocation
Asset ClassValue
Cash6.01%
Debt93.77%
Other0.22%
Debt Sector Allocation
SectorValue
Corporate56.34%
Government37.4%
Cash Equivalent6.01%
Securitized0.03%
Credit Quality
RatingValue
AAA100%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
7.18% Govt Stock 2033
Sovereign Bonds | -
15%₹4,023 Cr402,190,510
↑ 51,538,460
8.25% Govt Stock 2033
Sovereign Bonds | -
9%₹2,406 Cr235,793,930
↓ -10,277,770
National Bank For Agriculture And Rural Development
Debentures | -
3%₹861 Cr86,500
↑ 500
Pipeline Infrastructure Ltd.
Debentures | -
3%₹810 Cr80,500
HDFC Bank Limited
Debentures | -
3%₹697 Cr7,000
HDFC Bank Limited
Debentures | -
2%₹649 Cr65,000
Small Industries Development Bank Of India
Debentures | -
2%₹636 Cr6,400
Small Industries Development Bank Of India
Debentures | -
2%₹625 Cr6,250
Bharat Petroleum Corporation Limited
Debentures | -
2%₹595 Cr59,500
LIC Housing Finance Ltd
Debentures | -
2%₹519 Cr5,000

2. IDFC Government Securities Fund - Investment Plan

IDFC – GSF -IP is an open ended dedicated gilt scheme with an objective to generate optimal returns with high liquidity by investing in Government Securities.However there is no assurance that the investment objective of the scheme will be realized.

IDFC Government Securities Fund - Investment Plan is a Debt - Government Bond fund was launched on 3 Dec 08. It is a fund with Moderate risk and has given a CAGR/Annualized return of 7.9% since its launch.  Ranked 14 in Government Bond category.  Return for 2023 was 6.8% , 2022 was 1.4% and 2021 was 2.1% .

Below is the key information for IDFC Government Securities Fund - Investment Plan

IDFC Government Securities Fund - Investment Plan
Growth
Launch Date 3 Dec 08
NAV (17 May 24) ₹32.3165 ↓ -0.05   (-0.17 %)
Net Assets (Cr) ₹1,661 on 31 Mar 24
Category Debt - Government Bond
AMC IDFC Asset Management Company Limited
Rating
Risk Moderate
Expense Ratio 1.24
Sharpe Ratio 0.85
Information Ratio 0
Alpha Ratio 0
Min Investment 5,000
Min SIP Investment 1,000
Exit Load NIL
Yield to Maturity 7.24%
Effective Maturity 27 Years 9 Months 29 Days
Modified Duration 11 Years 7 Months 10 Days

Growth of 10,000 investment over the years.

DateValue
30 Apr 19₹10,000
30 Apr 20₹11,758
30 Apr 21₹12,503
30 Apr 22₹12,804
30 Apr 23₹13,449
30 Apr 24₹14,311

IDFC Government Securities Fund - Investment Plan SIP Returns

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

Returns for IDFC Government Securities Fund - Investment 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 May 24

DurationReturns
1 Month 1.7%
3 Month 1.2%
6 Month 5.8%
1 Year 7.4%
3 Year 5%
5 Year 7.6%
10 Year
15 Year
Since launch 7.9%
Historical performance (Yearly) on absolute basis
YearReturns
2023 6.8%
2022 1.4%
2021 2.1%
2020 13.7%
2019 13.3%
2018 7.8%
2017 3.1%
2016 13.9%
2015 6%
2014 16.5%
Fund Manager information for IDFC Government Securities Fund - Investment Plan
NameSinceTenure
Suyash Choudhary15 Oct 1013.55 Yr.
Sreejith Balasubramanian31 Aug 230.67 Yr.

Data below for IDFC Government Securities Fund - Investment Plan as on 31 Mar 24

Asset Allocation
Asset ClassValue
Debt105.57%
Debt Sector Allocation
SectorValue
Government105.57%
Credit Quality
RatingValue
AAA100%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
7.3% Govt Stock 2053
Sovereign Bonds | -
104%₹1,896 Cr188,900,000
↑ 43,200,000
7.18% Govt Stock 2037
Sovereign Bonds | -
2%₹38 Cr3,800,000
↓ -9,600,000
7.17% Govt Stock 2028
Sovereign Bonds | -
0%₹0 Cr6,300
Net Current Assets
Net Current Assets | -
14%-₹264 Cr
Triparty Repo
CBLO/Reverse Repo | -
9%₹161 Cr
Cash Margin - Ccil
CBLO | -
0%₹0 Cr

3. ICICI Prudential Gilt Fund

(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 CAGR/Annualized return of 9.4% since its launch.  Ranked 5 in Government Bond category.  Return for 2023 was 8.3% , 2022 was 3.7% and 2021 was 3.8% .

Below is the key information for ICICI Prudential Gilt Fund

ICICI Prudential Gilt Fund
Growth
Launch Date 19 Aug 99
NAV (17 May 24) ₹93.3449 ↓ -0.08   (-0.08 %)
Net Assets (Cr) ₹4,865 on 31 Mar 24
Category Debt - Government Bond
AMC ICICI Prudential Asset Management Company Limited
Rating
Risk Moderate
Expense Ratio 1.12
Sharpe Ratio 1.9
Information Ratio 0
Alpha Ratio 0
Min Investment 5,000
Min SIP Investment 1,000
Exit Load NIL
Yield to Maturity 7.51%
Effective Maturity 9 Years 6 Months 11 Days
Modified Duration 4 Years 11 Months 5 Days

Growth of 10,000 investment over the years.

DateValue
30 Apr 19₹10,000
30 Apr 20₹11,506
30 Apr 21₹12,263
30 Apr 22₹12,647
30 Apr 23₹13,538
30 Apr 24₹14,525

ICICI Prudential Gilt Fund SIP Returns

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

Returns for ICICI Prudential 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 17 May 24

DurationReturns
1 Month 1.2%
3 Month 1.8%
6 Month 3.7%
1 Year 7.4%
3 Year 6%
5 Year 7.8%
10 Year
15 Year
Since launch 9.4%
Historical performance (Yearly) on absolute basis
YearReturns
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%
2014 18%
Fund Manager information for ICICI Prudential Gilt Fund
NameSinceTenure
Manish Banthia22 Jan 240.19 Yr.
Raunak Surana22 Jan 240.19 Yr.

Data below for ICICI Prudential Gilt Fund as on 31 Mar 24

Asset Allocation
Asset ClassValue
Debt101.56%
Debt Sector Allocation
SectorValue
Government101.56%
Credit Quality
RatingValue
AAA100%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
7.18% Govt Stock 2033
Sovereign Bonds | -
75%₹4,186 Cr418,474,590
↑ 108,500,000
8.25% Govt Stock 2033
Sovereign Bonds | -
19%₹1,061 Cr103,971,700
↓ -5,000,000
Uttar Pradesh (Government of)
- | -
2%₹135 Cr13,422,600
8.1% Govt Stock 2034
Sovereign Bonds | -
1%₹75 Cr7,500,000
Uttar Pradesh (Government of)
- | -
1%₹50 Cr5,000,000
West Bengal (Government of)
- | -
1%₹50 Cr5,000,000
West Bengal (Government of)
- | -
1%₹50 Cr5,000,000
Rajasthan (Government of )
- | -
1%₹30 Cr3,000,000
Himachal Pradesh (Government of)
- | -
0%₹10 Cr1,000,000
India (Republic of)
Sovereign Bonds | -
0%₹6 Cr646,300
↑ 646,300

4. Aditya Birla Sun Life Corporate Bond Fund

(Erstwhile Aditya Birla Sun Life Short Term Fund)

An Open-ended income scheme with the objective to generate income and capital appreciation by investing 100% of the corpus in a diversified portfolio of debt and money market securities.

Aditya Birla Sun Life Corporate Bond Fund is a Debt - Corporate Bond fund was launched on 3 Mar 97. It is a fund with Moderately Low risk and has given a CAGR/Annualized return of 8.9% since its launch.  Ranked 1 in Corporate Bond category.  Return for 2023 was 7.3% , 2022 was 4.1% and 2021 was 4% .

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

Aditya Birla Sun Life Corporate Bond Fund
Growth
Launch Date 3 Mar 97
NAV (17 May 24) ₹102.562 ↓ -0.02   (-0.02 %)
Net Assets (Cr) ₹21,135 on 31 Mar 24
Category Debt - Corporate Bond
AMC Birla Sun Life Asset Management Co Ltd
Rating
Risk Moderately Low
Expense Ratio 0.47
Sharpe Ratio 1.14
Information Ratio 0
Alpha Ratio 0
Min Investment 1,000
Min SIP Investment 100
Exit Load NIL
Yield to Maturity 7.68%
Effective Maturity 5 Years 6 Months 14 Days
Modified Duration 3 Years 7 Months 2 Days

Growth of 10,000 investment over the years.

DateValue
30 Apr 19₹10,000
30 Apr 20₹11,000
30 Apr 21₹12,048
30 Apr 22₹12,530
30 Apr 23₹13,235
30 Apr 24₹14,187

Aditya Birla Sun Life Corporate Bond Fund SIP Returns

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

Returns for Aditya Birla Sun Life Corporate 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 May 24

DurationReturns
1 Month 0.8%
3 Month 1.9%
6 Month 3.9%
1 Year 7.4%
3 Year 5.7%
5 Year 7.3%
10 Year
15 Year
Since launch 8.9%
Historical performance (Yearly) on absolute basis
YearReturns
2023 7.3%
2022 4.1%
2021 4%
2020 11.9%
2019 9.6%
2018 7%
2017 6.5%
2016 10.2%
2015 8.9%
2014 10.9%
Fund Manager information for Aditya Birla Sun Life Corporate Bond Fund
NameSinceTenure
Kaustubh Gupta12 Apr 212.97 Yr.
Dhaval Joshi21 Nov 221.36 Yr.

Data below for Aditya Birla Sun Life Corporate Bond Fund as on 31 Mar 24

Asset Allocation
Asset ClassValue
Cash3.09%
Debt96.67%
Other0.24%
Debt Sector Allocation
SectorValue
Corporate52.23%
Government43.59%
Cash Equivalent3.09%
Securitized0.86%
Credit Quality
RatingValue
AAA100%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
7.18% Govt Stock 2037
Sovereign Bonds | -
10%₹2,074 Cr207,824,100
↑ 20,500,000
7.18% Govt Stock 2033
Sovereign Bonds | -
7%₹1,465 Cr146,500,000
↑ 18,000,000
7.26% Govt Stock 2033
Sovereign Bonds | -
4%₹905 Cr90,089,300
↓ -22,000,000
7.32% Govt Stock 2030
Sovereign Bonds | -
3%₹725 Cr72,000,000
8.1% Govt Stock 2034
Sovereign Bonds | -
3%₹667 Cr66,637,700
National Bank For Agriculture And Rural Development
Debentures | -
3%₹652 Cr6,550
Small Industries Development Bank Of India
Debentures | -
3%₹544 Cr54,550
HDFC Bank Limited
Debentures | -
2%₹426 Cr42,500
Power Finance Corp Ltd. 7.6%
Debentures | -
2%₹400 Cr40,000
National Bank For Agriculture And Rural Development
Debentures | -
2%₹397 Cr4,000

5. Axis Gilt Fund

(Erstwhile Axis Constant Maturity 10 Year Fund)

To generate returns similar to that of 10 year government bonds.

Axis Gilt Fund is a Debt - Government Bond fund was launched on 23 Jan 12. It is a fund with Moderate risk and has given a CAGR/Annualized return of 7.1% since its launch.  Ranked 16 in Government Bond category.  Return for 2023 was 7.1% , 2022 was 2.4% and 2021 was 2.4% .

Below is the key information for Axis Gilt Fund

Axis Gilt Fund
Growth
Launch Date 23 Jan 12
NAV (17 May 24) ₹23.1896 ↓ -0.02   (-0.09 %)
Net Assets (Cr) ₹286 on 31 Mar 24
Category Debt - Government Bond
AMC Axis Asset Management Company Limited
Rating
Risk Moderate
Expense Ratio 0.99
Sharpe Ratio 0.96
Information Ratio 0
Alpha Ratio 0
Min Investment 5,000
Min SIP Investment 1,000
Exit Load NIL
Yield to Maturity 7.2%
Effective Maturity 13 Years 7 Days
Modified Duration 7 Years 6 Months 11 Days

Growth of 10,000 investment over the years.

DateValue
30 Apr 19₹10,000
30 Apr 20₹11,738
30 Apr 21₹12,438
30 Apr 22₹12,686
30 Apr 23₹13,371
30 Apr 24₹14,301

Axis Gilt Fund SIP Returns

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

Returns for Axis 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 17 May 24

DurationReturns
1 Month 1.4%
3 Month 1.9%
6 Month 5.1%
1 Year 7.3%
3 Year 5.1%
5 Year 7.6%
10 Year
15 Year
Since launch 7.1%
Historical performance (Yearly) on absolute basis
YearReturns
2023 7.1%
2022 2.4%
2021 2.4%
2020 13.1%
2019 12%
2018 5.3%
2017 1.4%
2016 13.7%
2015 6.3%
2014 15%
Fund Manager information for Axis Gilt Fund
NameSinceTenure
Devang Shah5 Nov 1211.41 Yr.
Sachin Jain1 Feb 231.16 Yr.

Data below for Axis Gilt Fund as on 31 Mar 24

Asset Allocation
Asset ClassValue
Cash4.34%
Debt95.66%
Debt Sector Allocation
SectorValue
Government95.66%
Cash Equivalent4.34%
Credit Quality
RatingValue
AAA100%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
7.18% Govt Stock 2033
Sovereign Bonds | -
22%₹72 Cr7,200,000
↑ 4,000,000
7.3% Govt Stock 2053
Sovereign Bonds | -
17%₹55 Cr5,500,000
↑ 1,000,000
7.18% Govt Stock 2037
Sovereign Bonds | -
14%₹45 Cr4,500,000
↓ -3,500,000
7.32% Govt Stock 2030
Sovereign Bonds | -
8%₹25 Cr2,500,000
↑ 2,500,000
7.26% Govt Stock 2033
Sovereign Bonds | -
8%₹25 Cr2,500,000
Uttar Pradesh (Government of) 7.51%
- | -
8%₹25 Cr2,500,000
Chhattisgarh (Government of) 7.47%
- | -
8%₹25 Cr2,500,000
Uttar Pradesh (Government of) 7.48%
- | -
5%₹15 Cr1,500,000
Maharashtra (Government of) 7.45%
- | -
3%₹11 Cr1,083,700
Chhattisgarh (Government of) 7.39%
- | -
2%₹7 Cr735,700

6. Invesco India Gilt Fund

The objective of the Scheme is to generate optimal returns by investing in a portfolio of securities issued and guaranteed by Central and State Government.

Invesco India Gilt Fund is a Debt - Government Bond fund was launched on 9 Feb 08. It is a fund with Moderate risk and has given a CAGR/Annualized return of 6% since its launch.  Ranked 10 in Government Bond category.  Return for 2023 was 6.6% , 2022 was 2.3% and 2021 was 0.7% .

Below is the key information for Invesco India Gilt Fund

Invesco India Gilt Fund
Growth
Launch Date 9 Feb 08
NAV (17 May 24) ₹2,594.26 ↓ -3.69   (-0.14 %)
Net Assets (Cr) ₹328 on 31 Mar 24
Category Debt - Government Bond
AMC Invesco Asset Management (India) Private Ltd
Rating
Risk Moderate
Expense Ratio 1.25
Sharpe Ratio 0.99
Information Ratio 0
Alpha Ratio 0
Min Investment 5,000
Min SIP Investment 100
Exit Load NIL
Yield to Maturity 7.25%
Effective Maturity 22 Years 4 Months 20 Days
Modified Duration 10 Years 2 Months 8 Days

Growth of 10,000 investment over the years.

DateValue
30 Apr 19₹10,000
30 Apr 20₹11,253
30 Apr 21₹11,605
30 Apr 22₹11,729
30 Apr 23₹12,352
30 Apr 24₹13,204

Invesco India Gilt Fund SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual Returns:
%
Total investment amount is ₹180,000
expected amount after 3 Years is ₹197,169.
Net Profit of ₹17,169
Invest Now

Returns for Invesco India 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 17 May 24

DurationReturns
1 Month 1.5%
3 Month 1.3%
6 Month 5.3%
1 Year 7.3%
3 Year 4.8%
5 Year 5.8%
10 Year
15 Year
Since launch 6%
Historical performance (Yearly) on absolute basis
YearReturns
2023 6.6%
2022 2.3%
2021 0.7%
2020 8.2%
2019 9.6%
2018 6.2%
2017 1.2%
2016 16.6%
2015 4.2%
2014 17%
Fund Manager information for Invesco India Gilt Fund
NameSinceTenure
Krishna Cheemalapati27 Jul 212.68 Yr.
Vikas Garg26 Sep 203.51 Yr.

Data below for Invesco India Gilt Fund as on 31 Mar 24

Asset Allocation
Asset ClassValue
Cash7.53%
Debt78.97%
Other13.5%
Debt Sector Allocation
SectorValue
Government78.97%
Cash Equivalent7.53%
Credit Quality
RatingValue
AAA100%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
7.3% Govt Stock 2053
Sovereign Bonds | -
51%₹221 Cr21,970,000
↑ 4,000,000
7.18% Govt Stock 2037
Sovereign Bonds | -
28%₹120 Cr12,000,000
↑ 2,000,000
Hsbc Bk Intl
Investment Fund | -
14%₹58 Cr5,806,400
↑ 5,806,400
Triparty Repo
CBLO/Reverse Repo | -
6%₹24 Cr
Net Receivables / (Payables)
CBLO | -
2%₹8 Cr

7. HDFC Corporate Bond Fund

(Erstwhile HDFC Medium Term Opportunities Fund)

To generate regular income through investments in Debt/ Money Market Instruments and Government Securities with maturities not exceeding 60 months.

HDFC Corporate Bond Fund is a Debt - Corporate Bond fund was launched on 29 Jun 10. It is a fund with Moderately Low risk and has given a CAGR/Annualized return of 8.1% since its launch.  Ranked 2 in Corporate Bond category.  Return for 2023 was 7.2% , 2022 was 3.3% and 2021 was 3.9% .

Below is the key information for HDFC Corporate Bond Fund

HDFC Corporate Bond Fund
Growth
Launch Date 29 Jun 10
NAV (17 May 24) ₹29.5961 ↑ 0.00   (0.01 %)
Net Assets (Cr) ₹28,499 on 31 Mar 24
Category Debt - Corporate Bond
AMC HDFC Asset Management Company Limited
Rating
Risk Moderately Low
Expense Ratio 0.59
Sharpe Ratio 1.13
Information Ratio 0
Alpha Ratio 0
Min Investment 5,000
Min SIP Investment 300
Exit Load NIL
Yield to Maturity 7.73%
Effective Maturity 5 Years 2 Months
Modified Duration 3 Years 8 Days

Growth of 10,000 investment over the years.

DateValue
30 Apr 19₹10,000
30 Apr 20₹11,030
30 Apr 21₹12,060
30 Apr 22₹12,500
30 Apr 23₹13,181
30 Apr 24₹14,138

HDFC Corporate Bond Fund SIP Returns

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

Returns for HDFC Corporate 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 May 24

DurationReturns
1 Month 0.8%
3 Month 2%
6 Month 4%
1 Year 7.2%
3 Year 5.5%
5 Year 7.2%
10 Year
15 Year
Since launch 8.1%
Historical performance (Yearly) on absolute basis
YearReturns
2023 7.2%
2022 3.3%
2021 3.9%
2020 11.8%
2019 10.3%
2018 6.5%
2017 6.5%
2016 10.6%
2015 8.6%
2014 10.9%
Fund Manager information for HDFC Corporate Bond Fund
NameSinceTenure
Anupam Joshi27 Oct 158.44 Yr.
Dhruv Muchhal22 Jun 230.78 Yr.

Data below for HDFC Corporate Bond Fund as on 31 Mar 24

Asset Allocation
Asset ClassValue
Cash3.01%
Debt96.75%
Other0.24%
Debt Sector Allocation
SectorValue
Corporate49.13%
Government47.56%
Cash Equivalent3.01%
Securitized0.06%
Credit Quality
RatingValue
AAA100%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
8.25% Govt Stock 2033
Sovereign Bonds | -
5%₹1,479 Cr145,000,000
↓ -2,500,000
8.1% Govt Stock 2034
Sovereign Bonds | -
3%₹800 Cr80,000,000
↓ -7,500,000
Hdb Financial Services Limited
Debentures | -
3%₹725 Cr72,500
National Bank For Agriculture And Rural Development
Debentures | -
2%₹672 Cr67,500
↓ -2,500
7.18% Govt Stock 2037
Sovereign Bonds | -
2%₹649 Cr65,000,000
↓ -10,000,000
7.69% Govt Stock 2028
Sovereign Bonds | -
2%₹575 Cr57,500,000
↓ -2,500,000
Mangalore Refinery And Petrochemicals Limited
Debentures | -
2%₹555 Cr5,670
Reliance Industries Limited
Debentures | -
2%₹525 Cr5,000
HDFC Bank Limited
Debentures | -
2%₹501 Cr50,000
LIC Housing Finance Limited
Debentures | -
2%₹497 Cr5,000

8. DSP BlackRock Government Securities Fund

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 CAGR/Annualized return of 9.2% since its launch.  Ranked 9 in Government Bond category.  Return for 2023 was 7.1% , 2022 was 2.7% and 2021 was 3.1% .

Below is the key information for DSP BlackRock Government Securities Fund

DSP BlackRock Government Securities Fund
Growth
Launch Date 30 Sep 99
NAV (17 May 24) ₹87.2736 ↓ -0.11   (-0.13 %)
Net Assets (Cr) ₹755 on 31 Mar 24
Category Debt - Government Bond
AMC DSP BlackRock Invmt Managers Pvt. Ltd.
Rating
Risk Moderate
Expense Ratio 1.09
Sharpe Ratio 0.97
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 7.27%
Effective Maturity 22 Years 9 Months 4 Days
Modified Duration 10 Years 1 Month 24 Days

Growth of 10,000 investment over the years.

DateValue
30 Apr 19₹10,000
30 Apr 20₹11,688
30 Apr 21₹12,435
30 Apr 22₹12,765
30 Apr 23₹13,554
30 Apr 24₹14,469

DSP BlackRock Government Securities Fund SIP Returns

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

Returns for DSP BlackRock Government Securities 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 May 24

DurationReturns
1 Month 1.4%
3 Month 1.2%
6 Month 5.1%
1 Year 7.2%
3 Year 5.5%
5 Year 7.8%
10 Year
15 Year
Since launch 9.2%
Historical performance (Yearly) on absolute basis
YearReturns
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%
2014 15%
Fund Manager information for DSP BlackRock Government Securities Fund
NameSinceTenure
Shantanu Godambe1 Jun 230.83 Yr.

Data below for DSP BlackRock Government Securities Fund as on 31 Mar 24

Asset Allocation
Asset ClassValue
Cash1.1%
Debt98.9%
Debt Sector Allocation
SectorValue
Government98.9%
Cash Equivalent1.1%
Credit Quality
RatingValue
AAA100%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
7.3% Govt Stock 2053
Sovereign Bonds | -
35%₹272 Cr26,500,000
↑ 1,000,000
7.18% Govt Stock 2037
Sovereign Bonds | -
32%₹249 Cr24,500,000
↑ 1,000,000
7.25% Govt Stock 2063
Sovereign Bonds | -
17%₹133 Cr13,000,000
↑ 1,500,000
Maharashtra (Government of) 7.45%
- | -
13%₹101 Cr10,000,000
Karnataka (Government of) 7.46%
- | -
1%₹5 Cr500,000
07.29 KA Sdl 2036
Sovereign Bonds | -
1%₹5 Cr500,000
Treps / Reverse Repo Investments / Corporate Debt Repo
CBLO/Reverse Repo | -
24%₹187 Cr
Net Receivables/Payables
CBLO | -
23%-₹179 Cr

9. Aditya Birla Sun Life Government Securities Fund

(Erstwhile Aditya Birla Sun Life Gilt Plus Fund - PF Plan)

An Open - ended government securities scheme with the objective to generate income and capital appreciation through investments exclusively in Government Securities.

Aditya Birla Sun Life Government Securities Fund is a Debt - Government Bond fund was launched on 12 Oct 99. It is a fund with Moderate risk and has given a CAGR/Annualized return of 8.5% since its launch.  Ranked 4 in Government Bond category.  Return for 2023 was 7.1% , 2022 was 1.7% and 2021 was 3.6% .

Below is the key information for Aditya Birla Sun Life Government Securities Fund

Aditya Birla Sun Life Government Securities Fund
Growth
Launch Date 12 Oct 99
NAV (17 May 24) ₹74.4464 ↓ -0.08   (-0.11 %)
Net Assets (Cr) ₹1,369 on 31 Mar 24
Category Debt - Government Bond
AMC Birla Sun Life Asset Management Co Ltd
Rating
Risk Moderate
Expense Ratio 0.94
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 7.24%
Effective Maturity 15 Years 11 Months 5 Days
Modified Duration 8 Years 5 Months 1 Day

Growth of 10,000 investment over the years.

DateValue
30 Apr 19₹10,000
30 Apr 20₹11,586
30 Apr 21₹12,218
30 Apr 22₹12,593
30 Apr 23₹13,260
30 Apr 24₹14,114

Aditya Birla Sun Life Government Securities Fund SIP Returns

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

Returns for Aditya Birla Sun Life Government Securities 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 May 24

DurationReturns
1 Month 1.4%
3 Month 1.4%
6 Month 4.8%
1 Year 7%
3 Year 5.2%
5 Year 7.3%
10 Year
15 Year
Since launch 8.5%
Historical performance (Yearly) on absolute basis
YearReturns
2023 7.1%
2022 1.7%
2021 3.6%
2020 12.1%
2019 11%
2018 6.9%
2017 4.4%
2016 16.7%
2015 5.7%
2014 19.9%
Fund Manager information for Aditya Birla Sun Life Government Securities Fund
NameSinceTenure
Bhupesh Bameta6 Aug 203.65 Yr.
Dhaval Joshi21 Nov 221.36 Yr.

Data below for Aditya Birla Sun Life Government Securities Fund as on 31 Mar 24

Asset Allocation
Asset ClassValue
Debt111.63%
Debt Sector Allocation
SectorValue
Government111.63%
Credit Quality
RatingValue
AAA100%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
7.3% Govt Stock 2053
Sovereign Bonds | -
35%₹491 Cr48,934,950
↑ 8,000,000
7.18% Govt Stock 2037
Sovereign Bonds | -
18%₹249 Cr24,923,050
↓ -8,500,000
7.25% Govt Stock 2063
Sovereign Bonds | -
10%₹135 Cr13,553,050
↑ 11,000,000
7.18% Govt Stock 2033
Sovereign Bonds | -
9%₹130 Cr13,000,000
↑ 10,000,000
India (Republic of) 0%
Sovereign Bonds | -
4%₹49 Cr6,500,000
Goi Strips 19092028
Sovereign Bonds | -
3%₹47 Cr6,500,000
Uttar Pradesh (Government of)
- | -
2%₹25 Cr2,500,000
Uttar Pradesh (Government of)
- | -
2%₹25 Cr2,500,000
Karnataka (Government of)
- | -
2%₹25 Cr2,500,000
↑ 2,500,000
Haryana, Government of
- | -
2%₹23 Cr2,283,300

10. Nippon India Prime Debt Fund

(Erstwhile Reliance Medium Term Fund)

The primary investment objective of the Scheme is to generate regular income in order to make regular dividend payments to unit-holders and the secondary objective is growth of capital.

Nippon India Prime Debt Fund is a Debt - Corporate Bond fund was launched on 14 Sep 00. It is a fund with Moderately Low risk and has given a CAGR/Annualized return of 7.4% since its launch.  Ranked 20 in Corporate Bond category.  Return for 2023 was 7.1% , 2022 was 4.3% and 2021 was 4.7% .

Below is the key information for Nippon India Prime Debt Fund

Nippon India Prime Debt Fund
Growth
Launch Date 14 Sep 00
NAV (17 May 24) ₹54.413 ↑ 0.00   (0.01 %)
Net Assets (Cr) ₹2,818 on 31 Mar 24
Category Debt - Corporate Bond
AMC Nippon Life Asset Management Ltd.
Rating
Risk Moderately Low
Expense Ratio 0.64
Sharpe Ratio 0.92
Information Ratio 0
Alpha Ratio 0
Min Investment 1,000
Min SIP Investment 100
Exit Load NIL
Yield to Maturity 7.74%
Effective Maturity 4 Years 1 Month 13 Days
Modified Duration 3 Years 1 Month 20 Days

Growth of 10,000 investment over the years.

DateValue
30 Apr 19₹10,000
30 Apr 20₹10,704
30 Apr 21₹11,629
30 Apr 22₹12,151
30 Apr 23₹12,872
30 Apr 24₹13,763

Nippon India Prime Debt Fund SIP Returns

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

Returns for Nippon India Prime Debt 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 May 24

DurationReturns
1 Month 0.8%
3 Month 1.9%
6 Month 3.9%
1 Year 7%
3 Year 5.9%
5 Year 6.7%
10 Year
15 Year
Since launch 7.4%
Historical performance (Yearly) on absolute basis
YearReturns
2023 7.1%
2022 4.3%
2021 4.7%
2020 9.5%
2019 7.8%
2018 6.9%
2017 6.6%
2016 9.1%
2015 8.7%
2014 9.3%
Fund Manager information for Nippon India Prime Debt Fund
NameSinceTenure
Vivek Sharma1 Feb 204.17 Yr.
Kinjal Desai25 May 185.86 Yr.

Data below for Nippon India Prime Debt Fund as on 31 Mar 24

Asset Allocation
Asset ClassValue
Cash4.36%
Debt95.43%
Other0.21%
Debt Sector Allocation
SectorValue
Corporate59.72%
Government35.72%
Cash Equivalent4.36%
Credit Quality
RatingValue
AAA100%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
7.32% Govt Stock 2030
Sovereign Bonds | -
7%₹212 Cr21,000,000
↑ 10,000,000
7.18% Govt Stock 2037
Sovereign Bonds | -
7%₹200 Cr20,000,000
National Bank For Agriculture And Rural Development
Debentures | -
4%₹125 Cr12,500
Tata Capital Limited
Debentures | -
3%₹100 Cr10,000
LIC Housing Finance Ltd. 7.84%
Debentures | -
3%₹100 Cr10,000
Indian Railway Finance Corporation Limited
Debentures | -
3%₹98 Cr950
Summit Digitel Infrastructure Limited
Debentures | -
3%₹98 Cr1,000
Tata Capital Housing Finance Limited
Debentures | -
3%₹97 Cr1,000
Pipeline Infrastructure Ltd. 7.96%
Debentures | -
3%₹75 Cr7,500
7.17% Govt Stock 2030
Sovereign Bonds | -
3%₹75 Cr7,500,000

How to Invest in Long Term Bonds Online?

  1. Open Free Investment Account for Lifetime at Fincash.com.

  2. Complete your Registration and KYC Process

  3. Upload Documents (PAN, Aadhaar, etc.). And, You are Ready to Invest!

    Get Started

Disclaimer:
All efforts have been made to ensure the information provided here is accurate. However, no guarantees are made regarding correctness of data. Please verify with scheme information document before making any investment.
How helpful was this page ?
Rated 5, based on 1 reviews.
POST A COMMENT