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Long Term Debt Funds | Best Long Term Debt Funds - Fincash.com

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Long Term Debt Funds- When Should You Invest?

Updated on September 27, 2023 , 10325 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 2023.

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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 2023

FundNAVNet Assets (Cr)Min InvestmentMin SIP Investment3 MO (%)6 MO (%)1 YR (%)3 YR (%)2022 (%)Debt Yield (YTM)Mod. DurationEff. Maturity
ICICI Prudential Gilt Fund Growth ₹88.5115
↑ 0.03
₹4,001 5,000 1,000 1.74.88.55.53.77.88%2Y 5M 23D7Y 9M 11D
SBI Magnum Gilt Fund Growth ₹56.8857
↑ 0.01
₹7,060 5,000 500 0.54.88.25.34.27.12%3Y 4M 28D4Y 4M 28D
ICICI Prudential Corporate Bond Fund Growth ₹25.7891
↑ 0.00
₹22,656 5,000 100 1.74.17.55.64.57.91%1Y 6M 14D4Y 1M 2D
Kotak Gilt Investment Fund - Provident Fund & Trust Plan Growth ₹85.9005
↑ 0.03
₹2,388 5,000 1,000 0.94.274.62.47.59%4Y 7M 24D9Y 9M 29D
Kotak Gilt Investment Fund - Regular Investment Plan Growth ₹83.964
↑ 0.03
₹2,388 5,000 1,000 0.94.274.62.47.59%4Y 7M 24D9Y 9M 29D
DSP BlackRock Government Securities Fund Growth ₹82.1864
↑ 0.05
₹592 1,000 500 0.94.66.94.92.77.41%5Y 4D10Y 7M 10D
Nippon India Prime Debt Fund Growth ₹51.5849
↓ 0.00
₹2,459 1,000 100 1.246.85.74.37.52%2Y 6M 29D3Y 4M 6D
Aditya Birla Sun Life Corporate Bond Fund Growth ₹97.1847
↑ 0.01
₹17,961 1,000 100 1.53.96.85.44.17.62%2Y 2M 5D2Y 9M 22D
UTI Gilt Fund Growth ₹54.2471
↑ 0.02
₹536 5,000 500 0.73.96.84.12.96.93%3Y 11M 19D4Y 8M 8D
HDFC Corporate Bond Fund Growth ₹28.0379
↓ 0.00
₹26,407 5,000 300 1.44.16.85.23.37.65%2Y 9M 5Y 1M 21D
Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 22 Aug 23

1. 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 9.5% since its launch.  Ranked 5 in Government Bond category.  Return for 2022 was 3.7% , 2021 was 3.8% and 2020 was 12.6% .

Below is the key information for ICICI Prudential Gilt Fund

ICICI Prudential Gilt Fund
Growth
Launch Date 19 Aug 99
NAV (22 Aug 23) ₹88.5115 ↑ 0.03   (0.03 %)
Net Assets (Cr) ₹4,001 on 31 Jul 23
Category Debt - Government Bond
AMC ICICI Prudential Asset Management Company Limited
Rating
Risk Moderate
Expense Ratio 1.12
Sharpe Ratio 1.58
Information Ratio 0
Alpha Ratio 0
Min Investment 5,000
Min SIP Investment 1,000
Exit Load NIL
Yield to Maturity 7.88%
Effective Maturity 7 Years 9 Months 11 Days
Modified Duration 2 Years 5 Months 23 Days

Growth of 10,000 investment over the years.

DateValue
31 Aug 18₹10,000
31 Aug 19₹11,207
31 Aug 20₹12,410
31 Aug 21₹13,195
31 Aug 22₹13,587
31 Aug 23₹14,686

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 22 Aug 23

DurationReturns
1 Month 0.6%
3 Month 1.7%
6 Month 4.8%
1 Year 8.5%
3 Year 5.5%
5 Year 8%
10 Year
15 Year
Since launch 9.5%
Historical performance (Yearly) on absolute basis
YearReturns
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%
2013 0.3%
Fund Manager information for ICICI Prudential Gilt Fund
NameSinceTenure
Anuj Tagra30 Oct 139.84 Yr.
Rohit Lakhotia12 Jun 230.22 Yr.

Data below for ICICI Prudential Gilt Fund as on 31 Jul 23

Asset Allocation
Asset ClassValue
Cash16.26%
Debt83.74%
Debt Sector Allocation
SectorValue
Government83.74%
Cash Equivalent16.26%
Credit Quality
RatingValue
AAA100%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
7.38% Govt Stock 2027
Sovereign Bonds | -
27%₹1,136 Cr112,834,400
8.51% Govt Stock 2033
Sovereign Bonds | -
26%₹1,065 Cr104,971,700
↓ -10,000,000
7.06% Govt Stock 2028
Sovereign Bonds | -
10%₹398 Cr40,000,000
7.879999999999999% Govt Stock 2028
Sovereign Bonds | -
9%₹377 Cr37,824,649
7.26% Govt Stock 2033
Sovereign Bonds | -
7%₹295 Cr29,354,700
↑ 5,750,000
07.18 Goi 2033
Sovereign Bonds | -
5%₹211 Cr21,037,300
↓ -17,996,000
08.03 GOI FCI 2024
Domestic Bonds | -
0%₹3 Cr250,000
08.05 RJ Sdl 2025feb
Sovereign Bonds | -
0%₹1 Cr56,000
Treps
CBLO/Reverse Repo | -
12%₹494 Cr
Net Current Assets
Net Current Assets | -
4%₹183 Cr

2. SBI Magnum Gilt Fund

(Erstwhile SBI Magnum Gilt Fund - Long Term Plan)

To provide the investors with returns generated through investments in government securities issued by the Central Government and / or a State Government

SBI Magnum Gilt Fund is a Debt - Government Bond fund was launched on 30 Dec 00. It is a fund with Moderate risk and has given a CAGR/Annualized return of 8% since its launch.  Ranked 3 in Government Bond category.  Return for 2022 was 4.2% , 2021 was 3% and 2020 was 11.7% .

Below is the key information for SBI Magnum Gilt Fund

SBI Magnum Gilt Fund
Growth
Launch Date 30 Dec 00
NAV (22 Aug 23) ₹56.8857 ↑ 0.01   (0.03 %)
Net Assets (Cr) ₹7,060 on 31 Jul 23
Category Debt - Government Bond
AMC SBI Funds Management Private Limited
Rating
Risk Moderate
Expense Ratio 0.94
Sharpe Ratio 0.87
Information Ratio 0
Alpha Ratio 0
Min Investment 5,000
Min SIP Investment 500
Exit Load NIL
Yield to Maturity 7.12%
Effective Maturity 4 Years 4 Months 28 Days
Modified Duration 3 Years 4 Months 28 Days

Growth of 10,000 investment over the years.

DateValue
31 Aug 18₹10,000
31 Aug 19₹11,609
31 Aug 20₹12,695
31 Aug 21₹13,436
31 Aug 22₹13,828
31 Aug 23₹14,920

SBI Magnum 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 ₹206,148.
Net Profit of ₹26,148
Invest Now

Returns for SBI Magnum 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 22 Aug 23

DurationReturns
1 Month 0%
3 Month 0.5%
6 Month 4.8%
1 Year 8.2%
3 Year 5.3%
5 Year 8.2%
10 Year
15 Year
Since launch 8%
Historical performance (Yearly) on absolute basis
YearReturns
2022 4.2%
2021 3%
2020 11.7%
2019 13.1%
2018 5.1%
2017 3.9%
2016 16.3%
2015 7.3%
2014 19.9%
2013 6.4%
Fund Manager information for SBI Magnum Gilt Fund
NameSinceTenure
Dinesh Ahuja1 Feb 1112.59 Yr.

Data below for SBI Magnum Gilt Fund as on 31 Jul 23

Asset Allocation
Asset ClassValue
Cash27.78%
Debt72.22%
Debt Sector Allocation
SectorValue
Government72.22%
Cash Equivalent27.78%
Credit Quality
RatingValue
AAA100%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
7.1% Govt Stock 2029
Sovereign Bonds | -
25%₹1,833 Cr184,000,000
7.38% Govt Stock 2027
Sovereign Bonds | -
24%₹1,757 Cr174,500,000
7.06% Govt Stock 2028
Sovereign Bonds | -
10%₹697 Cr70,000,000
07.18 Goi 2033
Sovereign Bonds | -
6%₹441 Cr44,000,000
↑ 44,000,000
91 DTB 07092023
Sovereign Bonds | -
3%₹250 Cr25,000,000
↑ 25,000,000
182 DTB 14092023
Sovereign Bonds | -
3%₹249 Cr25,000,000
↑ 25,000,000
91 DTB 30112023
Sovereign Bonds | -
3%₹246 Cr25,000,000
↑ 25,000,000
06.90 OIL SPL 2026
Domestic Bonds | -
3%₹241 Cr24,294,000
7.3% Govt Stock 2053
Sovereign Bonds | -
2%₹174 Cr17,500,000
↑ 17,500,000
07.18 Goi 2037
Sovereign Bonds | -
1%₹45 Cr4,500,000

3. 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 2022 was 4.5% , 2021 was 4.1% and 2020 was 10.4% .

Below is the key information for ICICI Prudential Corporate Bond Fund

ICICI Prudential Corporate Bond Fund
Growth
Launch Date 11 Aug 09
NAV (22 Aug 23) ₹25.7891 ↑ 0.00   (0.02 %)
Net Assets (Cr) ₹22,656 on 31 Jul 23
Category Debt - Corporate Bond
AMC ICICI Prudential Asset Management Company Limited
Rating
Risk Moderately Low
Expense Ratio 0.57
Sharpe Ratio 1.84
Information Ratio 0
Alpha Ratio 0
Min Investment 5,000
Min SIP Investment 100
Exit Load NIL
Yield to Maturity 7.91%
Effective Maturity 4 Years 1 Month 2 Days
Modified Duration 1 Year 6 Months 14 Days

Growth of 10,000 investment over the years.

DateValue
31 Aug 18₹10,000
31 Aug 19₹10,965
31 Aug 20₹12,086
31 Aug 21₹12,796
31 Aug 22₹13,258
31 Aug 23₹14,250

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 22 Aug 23

DurationReturns
1 Month 0.6%
3 Month 1.7%
6 Month 4.1%
1 Year 7.5%
3 Year 5.6%
5 Year 7.3%
10 Year
15 Year
Since launch 7%
Historical performance (Yearly) on absolute basis
YearReturns
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%
2013 8.5%
Fund Manager information for ICICI Prudential Corporate Bond Fund
NameSinceTenure
Anuj Tagra2 Mar 203.5 Yr.
Rohit Lakhotia12 Jun 230.22 Yr.

Data below for ICICI Prudential Corporate Bond Fund as on 31 Jul 23

Asset Allocation
Asset ClassValue
Cash6.27%
Debt93.73%
Debt Sector Allocation
SectorValue
Corporate56.24%
Government37.4%
Cash Equivalent6.27%
Securitized0.09%
Credit Quality
RatingValue
AAA100%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
8.51% Govt Stock 2033
Sovereign Bonds | -
12%₹2,690 Cr265,071,700
↓ -10,000,000
7.06% Govt Stock 2028
Sovereign Bonds | -
5%₹1,200 Cr120,500,000
7.38% Govt Stock 2027
Sovereign Bonds | -
4%₹1,011 Cr100,386,200
HDFC Bank Limited
Debentures | -
3%₹697 Cr7,000
National Bank For Agriculture And Rural Development
Debentures | -
3%₹689 Cr69,000
↑ 12,500
Small Industries Development Bank Of India
Debentures | -
3%₹636 Cr6,400
Small Industries Development Bank Of India
Debentures | -
3%₹601 Cr6,000
Bharat Petroleum Corporation Limited
Debentures | -
3%₹595 Cr59,500
HDFC Bank Limited
Debentures | -
2%₹550 Cr55,000
Hdb Financial Services Limited
Debentures | -
2%₹519 Cr5,180

4. Kotak Gilt Investment Fund - Provident Fund & Trust Plan

To generate risk-free returns through investments in sovereign securities issued by the Central Government and/or a State Government and/or reverse repos in such securities.

Kotak Gilt Investment Fund - Provident Fund & Trust Plan is a Debt - Government Bond fund was launched on 11 Nov 03. It is a fund with Moderate risk and has given a CAGR/Annualized return of 7.2% since its launch.  Ranked 14 in Government Bond category.  Return for 2022 was 2.4% , 2021 was 2.2% and 2020 was 13.3% .

Below is the key information for Kotak Gilt Investment Fund - Provident Fund & Trust Plan

Kotak Gilt Investment Fund - Provident Fund & Trust Plan
Growth
Launch Date 11 Nov 03
NAV (22 Aug 23) ₹85.9005 ↑ 0.03   (0.03 %)
Net Assets (Cr) ₹2,388 on 31 Jul 23
Category Debt - Government Bond
AMC Kotak Mahindra Asset Management Co Ltd
Rating
Risk Moderate
Expense Ratio 0.75
Sharpe Ratio 0.63
Information Ratio 0
Alpha Ratio 0
Min Investment 5,000
Min SIP Investment 1,000
Exit Load NIL
Yield to Maturity 7.59%
Effective Maturity 9 Years 9 Months 29 Days
Modified Duration 4 Years 7 Months 24 Days

Growth of 10,000 investment over the years.

DateValue
31 Aug 18₹10,000
31 Aug 19₹11,483
31 Aug 20₹12,483
31 Aug 21₹13,290
31 Aug 22₹13,459
31 Aug 23₹14,393

Kotak Gilt Investment Fund - Provident Fund & Trust 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 Kotak Gilt Investment Fund - Provident Fund & Trust Plan

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 22 Aug 23

DurationReturns
1 Month 0.1%
3 Month 0.9%
6 Month 4.2%
1 Year 7%
3 Year 4.6%
5 Year 7.4%
10 Year
15 Year
Since launch 7.2%
Historical performance (Yearly) on absolute basis
YearReturns
2022 2.4%
2021 2.2%
2020 13.3%
2019 9.8%
2018 7.4%
2017 0.7%
2016 16.5%
2015 5.3%
2014 17.1%
2013 0.1%
Fund Manager information for Kotak Gilt Investment Fund - Provident Fund & Trust Plan
NameSinceTenure
Abhishek Bisen15 Apr 0815.39 Yr.
Vihag Mishra30 Apr 221.34 Yr.

Data below for Kotak Gilt Investment Fund - Provident Fund & Trust Plan as on 31 Jul 23

Asset Allocation
Asset ClassValue
Cash8.8%
Debt91.2%
Debt Sector Allocation
SectorValue
Government91.2%
Cash Equivalent8.8%
Credit Quality
RatingValue
AAA100%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
8.51% Govt Stock 2033
Sovereign Bonds | -
30%₹734 Cr72,272,000
7.26% Govt Stock 2033
Sovereign Bonds | -
28%₹683 Cr67,875,000
7.17% Govt Stock 2030
Sovereign Bonds | -
10%₹250 Cr24,997,020
↑ 10,000,000
7.41% Govt Stock 2036
Sovereign Bonds | -
8%₹193 Cr19,000,000
↓ -16,000,000
GS CG 22/2/2028 - (STRIPS) Strips
Sovereign Bonds | -
2%₹43 Cr5,882,000
7.93% Govt Stock 2034
Sovereign Bonds | -
2%₹40 Cr4,000,000
GS CG 22/2/2029 - (STRIPS) Strips
Sovereign Bonds | -
2%₹40 Cr5,875,000
GSCG 12JUN2027
Sovereign Bonds | -
2%₹38 Cr5,000,000
7.9% Govt Stock 2031
Sovereign Bonds | -
1%₹35 Cr3,500,000
Gs CG 12/12/2028 - (Strips) Tb
Sovereign Bonds | -
1%₹27 Cr4,000,000

5. Kotak Gilt Investment Fund - Regular Investment Plan

To generate risk-free returns through investments in sovereign securities issued by the Central Government and/or a State Government and/or reverse repos in such securities.

Kotak Gilt Investment Fund - Regular Investment Plan is a Debt - Government Bond fund was launched on 29 Dec 98. It is a fund with Moderate risk and has given a CAGR/Annualized return of 9% since its launch.  Ranked 15 in Government Bond category.  Return for 2022 was 2.4% , 2021 was 2.2% and 2020 was 13.3% .

Below is the key information for Kotak Gilt Investment Fund - Regular Investment Plan

Kotak Gilt Investment Fund - Regular Investment Plan
Growth
Launch Date 29 Dec 98
NAV (22 Aug 23) ₹83.964 ↑ 0.03   (0.03 %)
Net Assets (Cr) ₹2,388 on 31 Jul 23
Category Debt - Government Bond
AMC Kotak Mahindra Asset Management Co Ltd
Rating
Risk Moderate
Expense Ratio 0.75
Sharpe Ratio 0.63
Information Ratio 0
Alpha Ratio 0
Min Investment 5,000
Min SIP Investment 1,000
Exit Load NIL
Yield to Maturity 7.59%
Effective Maturity 9 Years 9 Months 29 Days
Modified Duration 4 Years 7 Months 24 Days

Growth of 10,000 investment over the years.

DateValue
31 Aug 18₹10,000
31 Aug 19₹11,483
31 Aug 20₹12,483
31 Aug 21₹13,290
31 Aug 22₹13,459
31 Aug 23₹14,393

Kotak Gilt Investment Fund - Regular 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 Kotak Gilt Investment Fund - Regular 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 22 Aug 23

DurationReturns
1 Month 0.1%
3 Month 0.9%
6 Month 4.2%
1 Year 7%
3 Year 4.6%
5 Year 7.4%
10 Year
15 Year
Since launch 9%
Historical performance (Yearly) on absolute basis
YearReturns
2022 2.4%
2021 2.2%
2020 13.3%
2019 9.8%
2018 7.4%
2017 0.7%
2016 16.5%
2015 5.3%
2014 17.1%
2013 0.1%
Fund Manager information for Kotak Gilt Investment Fund - Regular Investment Plan
NameSinceTenure
Abhishek Bisen15 Apr 0815.39 Yr.
Vihag Mishra30 Apr 221.34 Yr.

Data below for Kotak Gilt Investment Fund - Regular Investment Plan as on 31 Jul 23

Asset Allocation
Asset ClassValue
Cash8.8%
Debt91.2%
Debt Sector Allocation
SectorValue
Government91.2%
Cash Equivalent8.8%
Credit Quality
RatingValue
AAA100%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
8.51% Govt Stock 2033
Sovereign Bonds | -
30%₹734 Cr72,272,000
7.26% Govt Stock 2033
Sovereign Bonds | -
28%₹683 Cr67,875,000
7.17% Govt Stock 2030
Sovereign Bonds | -
10%₹250 Cr24,997,020
↑ 10,000,000
7.41% Govt Stock 2036
Sovereign Bonds | -
8%₹193 Cr19,000,000
↓ -16,000,000
GS CG 22/2/2028 - (STRIPS) Strips
Sovereign Bonds | -
2%₹43 Cr5,882,000
7.93% Govt Stock 2034
Sovereign Bonds | -
2%₹40 Cr4,000,000
GS CG 22/2/2029 - (STRIPS) Strips
Sovereign Bonds | -
2%₹40 Cr5,875,000
GSCG 12JUN2027
Sovereign Bonds | -
2%₹38 Cr5,000,000
7.9% Govt Stock 2031
Sovereign Bonds | -
1%₹35 Cr3,500,000
Gs CG 12/12/2028 - (Strips) Tb
Sovereign Bonds | -
1%₹27 Cr4,000,000

6. 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 2022 was 2.7% , 2021 was 3.1% and 2020 was 13.1% .

Below is the key information for DSP BlackRock Government Securities Fund

DSP BlackRock Government Securities Fund
Growth
Launch Date 30 Sep 99
NAV (22 Aug 23) ₹82.1864 ↑ 0.05   (0.06 %)
Net Assets (Cr) ₹592 on 31 Jul 23
Category Debt - Government Bond
AMC DSP BlackRock Invmt Managers Pvt. Ltd.
Rating
Risk Moderate
Expense Ratio 1.09
Sharpe Ratio 0.36
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 7.41%
Effective Maturity 10 Years 7 Months 10 Days
Modified Duration 5 Years 4 Days

Growth of 10,000 investment over the years.

DateValue
31 Aug 18₹10,000
31 Aug 19₹11,637
31 Aug 20₹12,852
31 Aug 21₹13,666
31 Aug 22₹13,972
31 Aug 23₹14,958

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 ₹206,148.
Net Profit of ₹26,148
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 22 Aug 23

DurationReturns
1 Month 0.3%
3 Month 0.9%
6 Month 4.6%
1 Year 6.9%
3 Year 4.9%
5 Year 8.3%
10 Year
15 Year
Since launch 9.2%
Historical performance (Yearly) on absolute basis
YearReturns
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%
2013 1.3%
Fund Manager information for DSP BlackRock Government Securities Fund
NameSinceTenure
Shantanu Godambe1 Jun 230.25 Yr.

Data below for DSP BlackRock Government Securities Fund as on 31 Jul 23

Asset Allocation
Asset ClassValue
Cash2.68%
Debt97.32%
Debt Sector Allocation
SectorValue
Government97.32%
Cash Equivalent2.68%
Credit Quality
RatingValue
AAA100%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
07.18 Goi 2037
Sovereign Bonds | -
42%₹251 Cr25,000,000
↑ 20,000,000
7.879999999999999% Govt Stock 2028
Sovereign Bonds | -
13%₹77 Cr7,500,000
7.3% Govt Stock 2053
Sovereign Bonds | -
12%₹71 Cr7,000,000
↑ 2,500,000
7.25% Govt Stock 2063
Sovereign Bonds | -
12%₹70 Cr7,000,000
↑ 5,500,000
8.51% Govt Stock 2033
Sovereign Bonds | -
12%₹68 Cr6,500,000
7.36% Govt Stock 2052
Sovereign Bonds | -
7%₹42 Cr4,000,000
↑ 1,500,000
Treps / Reverse Repo Investments / Corporate Debt Repo
CBLO/Reverse Repo | -
2%₹14 Cr
Net Receivables/Payables
Net Current Assets | -
0%₹2 Cr
7.38% Govt Stock 2027
Sovereign Bonds | -
₹0 Cr00
↓ -2,500,000
7.26% Govt Stock 2033
Sovereign Bonds | -
₹0 Cr00
↓ -17,500,000

7. 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 2022 was 4.3% , 2021 was 4.7% and 2020 was 9.5% .

Below is the key information for Nippon India Prime Debt Fund

Nippon India Prime Debt Fund
Growth
Launch Date 14 Sep 00
NAV (22 Aug 23) ₹51.5849 ↓ 0.00   (-0.01 %)
Net Assets (Cr) ₹2,459 on 31 Jul 23
Category Debt - Corporate Bond
AMC Nippon Life Asset Management Ltd.
Rating
Risk Moderately Low
Expense Ratio 0.64
Sharpe Ratio 0.67
Information Ratio 0
Alpha Ratio 0
Min Investment 1,000
Min SIP Investment 100
Exit Load NIL
Yield to Maturity 7.52%
Effective Maturity 3 Years 4 Months 6 Days
Modified Duration 2 Years 6 Months 29 Days

Growth of 10,000 investment over the years.

DateValue
31 Aug 18₹10,000
31 Aug 19₹10,815
31 Aug 20₹11,738
31 Aug 21₹12,524
31 Aug 22₹12,965
31 Aug 23₹13,872

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 22 Aug 23

DurationReturns
1 Month 0.3%
3 Month 1.2%
6 Month 4%
1 Year 6.8%
3 Year 5.7%
5 Year 6.7%
10 Year
15 Year
Since launch 7.4%
Historical performance (Yearly) on absolute basis
YearReturns
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%
2013 8.5%
Fund Manager information for Nippon India Prime Debt Fund
NameSinceTenure
Vivek Sharma1 Feb 203.58 Yr.
Kinjal Desai25 May 185.27 Yr.
Akshay Sharma1 Dec 220.75 Yr.

Data below for Nippon India Prime Debt Fund as on 31 Jul 23

Asset Allocation
Asset ClassValue
Cash11.68%
Debt88.32%
Debt Sector Allocation
SectorValue
Corporate50.37%
Government41.79%
Cash Equivalent7.85%
Credit Quality
RatingValue
AAA100%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
7.26% Govt Stock 2033
Sovereign Bonds | -
7%₹176 Cr17,500,000
↑ 17,500,000
Export Import Bank Of India
Debentures | -
6%₹148 Cr1,500
↑ 500
National Bank For Agriculture And Rural Development
Debentures | -
5%₹130 Cr13,000
↑ 2,500
Tata Capital Housing Finance Limited
Debentures | -
4%₹97 Cr1,000
7.38% Govt Stock 2027
Sovereign Bonds | -
4%₹91 Cr9,000,000
↓ -2,500,000
Summit Digitel Infrastructure Limited
Debentures | -
3%₹82 Cr850
08.39 RJ UDAY 2025
Domestic Bonds | -
3%₹78 Cr7,728,000
Bajaj Housing Finance Limited
Debentures | -
3%₹75 Cr750
State Bank Of India
Debentures | -
2%₹63 Cr650
Grasim Industries Limited
Debentures | -
2%₹60 Cr600

8. 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 9% since its launch.  Ranked 1 in Corporate Bond category.  Return for 2022 was 4.1% , 2021 was 4% and 2020 was 11.9% .

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 (22 Aug 23) ₹97.1847 ↑ 0.01   (0.01 %)
Net Assets (Cr) ₹17,961 on 31 Jul 23
Category Debt - Corporate Bond
AMC Birla Sun Life Asset Management Co Ltd
Rating
Risk Moderately Low
Expense Ratio 0.47
Sharpe Ratio 0.69
Information Ratio 0
Alpha Ratio 0
Min Investment 1,000
Min SIP Investment 100
Exit Load NIL
Yield to Maturity 7.62%
Effective Maturity 2 Years 9 Months 22 Days
Modified Duration 2 Years 2 Months 5 Days

Growth of 10,000 investment over the years.

DateValue
31 Aug 18₹10,000
31 Aug 19₹11,052
31 Aug 20₹12,260
31 Aug 21₹13,050
31 Aug 22₹13,470
31 Aug 23₹14,398

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 22 Aug 23

DurationReturns
1 Month 0.4%
3 Month 1.5%
6 Month 3.9%
1 Year 6.8%
3 Year 5.4%
5 Year 7.5%
10 Year
15 Year
Since launch 9%
Historical performance (Yearly) on absolute basis
YearReturns
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%
2013 8.4%
Fund Manager information for Aditya Birla Sun Life Corporate Bond Fund
NameSinceTenure
Kaustubh Gupta12 Apr 212.39 Yr.
Dhaval Joshi21 Nov 220.78 Yr.

Data below for Aditya Birla Sun Life Corporate Bond Fund as on 31 Jul 23

Asset Allocation
Asset ClassValue
Cash4.97%
Debt95.03%
Debt Sector Allocation
SectorValue
Corporate55.28%
Government38.44%
Cash Equivalent4.97%
Securitized1.31%
Credit Quality
RatingValue
AAA100%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
7.26% Govt Stock 2033
Sovereign Bonds | -
6%₹1,032 Cr102,589,300
↑ 12,500,000
8.51% Govt Stock 2033
Sovereign Bonds | -
5%₹830 Cr81,808,500
↑ 9,000,000
7.06% Govt Stock 2028
Sovereign Bonds | -
4%₹717 Cr72,000,000
↑ 32,000,000
7.38% Govt Stock 2027
Sovereign Bonds | -
3%₹629 Cr62,500,000
↑ 1,000,000
Mahindra & Mahindra Financial Services Ltd
Debentures | -
3%₹602 Cr60,000
7.93% Govt Stock 2034
Sovereign Bonds | -
3%₹579 Cr58,137,700
↓ -2,500,000
National Bank For Agriculture And Rural Development
Debentures | -
3%₹528 Cr5,300
Rural Electrification Corporation Limited
Debentures | -
2%₹423 Cr42,500
07.18 Goi 2037
Sovereign Bonds | -
2%₹380 Cr38,192,600
↑ 4,000,000
Small Industries Development Bank Of India
Debentures | -
2%₹360 Cr36,050

9. UTI Gilt Fund

(Erstwhile UTI Gilt Advantage Fund- LTP)

To generate credit risk-free return through investment in sovereign securities issued by the Central Government and / or a State Government and / or any security unconditionally guaranteed by the Central Government and / or a State Government for repayment of principal and interest. However there can be no assurance that the investment objective of the Scheme will be achieved.

UTI Gilt Fund is a Debt - Government Bond fund was launched on 21 Jan 02. It is a fund with Moderate risk and has given a CAGR/Annualized return of 8.2% since its launch.  Ranked 7 in Government Bond category.  Return for 2022 was 2.9% , 2021 was 2.3% and 2020 was 10.3% .

Below is the key information for UTI Gilt Fund

UTI Gilt Fund
Growth
Launch Date 21 Jan 02
NAV (22 Aug 23) ₹54.2471 ↑ 0.02   (0.03 %)
Net Assets (Cr) ₹536 on 31 Jul 23
Category Debt - Government Bond
AMC UTI Asset Management Company Ltd
Rating
Risk Moderate
Expense Ratio 0.86
Sharpe Ratio 0.46
Information Ratio 0
Alpha Ratio 0
Min Investment 5,000
Min SIP Investment 500
Exit Load NIL
Yield to Maturity 6.93%
Effective Maturity 4 Years 8 Months 8 Days
Modified Duration 3 Years 11 Months 19 Days

Growth of 10,000 investment over the years.

DateValue
31 Aug 18₹10,000
31 Aug 19₹11,506
31 Aug 20₹12,416
31 Aug 21₹13,029
31 Aug 22₹13,262
31 Aug 23₹14,129

UTI 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 UTI 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 22 Aug 23

DurationReturns
1 Month 0.1%
3 Month 0.7%
6 Month 3.9%
1 Year 6.8%
3 Year 4.1%
5 Year 7%
10 Year
15 Year
Since launch 8.2%
Historical performance (Yearly) on absolute basis
YearReturns
2022 2.9%
2021 2.3%
2020 10.3%
2019 11.8%
2018 6.3%
2017 4.3%
2016 15.5%
2015 6.1%
2014 19.8%
2013 4%
Fund Manager information for UTI Gilt Fund
NameSinceTenure
Sudhir Agarwal1 Dec 211.75 Yr.

Data below for UTI Gilt Fund as on 31 Jul 23

Asset Allocation
Asset ClassValue
Cash24.27%
Debt75.73%
Debt Sector Allocation
SectorValue
Government75.73%
Cash Equivalent24.27%
Credit Quality
RatingValue
AAA100%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
07.18 Goi 2033
Sovereign Bonds | -
28%₹150 Cr1,500,000,000
↓ -750,000,000
7.38% Govt Stock 2027
Sovereign Bonds | -
24%₹131 Cr1,300,000,000
182 DTB 22092023
Sovereign Bonds | -
14%₹75 Cr750,000,000
↑ 750,000,000
07.94 HR Sdl 2034
Sovereign Bonds | -
5%₹26 Cr250,000,000
07.64 MP Sgs 2033
Sovereign Bonds | -
5%₹25 Cr250,000,000
182 DTB 14092023
Sovereign Bonds | -
3%₹15 Cr150,000,000
91 DTB 19102023
Sovereign Bonds | -
3%₹15 Cr150,000,000
Net Current Assets
Net Current Assets | -
18%₹99 Cr
Clearing Corporation Of India Ltd. Std - Margin
CBLO/Reverse Repo | -
0%₹1 Cr

10. 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 8.2% since its launch.  Ranked 2 in Corporate Bond category.  Return for 2022 was 3.3% , 2021 was 3.9% and 2020 was 11.8% .

Below is the key information for HDFC Corporate Bond Fund

HDFC Corporate Bond Fund
Growth
Launch Date 29 Jun 10
NAV (22 Aug 23) ₹28.0379 ↓ 0.00   (-0.01 %)
Net Assets (Cr) ₹26,407 on 31 Jul 23
Category Debt - Corporate Bond
AMC HDFC Asset Management Company Limited
Rating
Risk Moderately Low
Expense Ratio 0.59
Sharpe Ratio 0.63
Information Ratio 0
Alpha Ratio 0
Min Investment 5,000
Min SIP Investment 300
Exit Load NIL
Yield to Maturity 7.65%
Effective Maturity 5 Years 1 Month 21 Days
Modified Duration 2 Years 9 Months

Growth of 10,000 investment over the years.

DateValue
31 Aug 18₹10,000
31 Aug 19₹11,113
31 Aug 20₹12,276
31 Aug 21₹13,047
31 Aug 22₹13,408
31 Aug 23₹14,317

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 22 Aug 23

DurationReturns
1 Month 0.4%
3 Month 1.4%
6 Month 4.1%
1 Year 6.8%
3 Year 5.2%
5 Year 7.4%
10 Year
15 Year
Since launch 8.2%
Historical performance (Yearly) on absolute basis
YearReturns
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%
2013 7.6%
Fund Manager information for HDFC Corporate Bond Fund
NameSinceTenure
Anupam Joshi27 Oct 157.85 Yr.
Dhruv Muchhal22 Jun 230.19 Yr.

Data below for HDFC Corporate Bond Fund as on 31 Jul 23

Asset Allocation
Asset ClassValue
Cash3.64%
Debt96.36%
Debt Sector Allocation
SectorValue
Corporate48.27%
Government47.93%
Cash Equivalent3.64%
Securitized0.16%
Credit Quality
RatingValue
AAA100%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
8.51% Govt Stock 2033
Sovereign Bonds | -
6%₹1,573 Cr155,000,000
7.879999999999999% Govt Stock 2028
Sovereign Bonds | -
4%₹1,021 Cr102,500,000
7.93% Govt Stock 2034
Sovereign Bonds | -
4%₹996 Cr100,000,000
National Bank For Agriculture And Rural Development
Debentures | -
3%₹799 Cr80,000
Hdb Financial Services Limited
Debentures | -
3%₹753 Cr75,000
7.1% Govt Stock 2029
Sovereign Bonds | -
3%₹747 Cr75,000,000
State Bank Of India
Debentures | -
2%₹653 Cr6,500
Mangalore Refinery And Petrochemicals Limited
Debentures | -
2%₹550 Cr5,670
State Bank Of India
Debentures | -
2%₹529 Cr5,500
Reliance Industries Limited
Debentures | -
2%₹528 Cr5,000

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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.
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