एफडी वि डेट म्युच्युअल फंड

Updated on August 31, 2025 , 7967 views

एफडी विकर्ज निधी? विचार करत आहेकुठे गुंतवणूक करावी चांगला परतावा मिळविण्यासाठी तुमची बचत. सर्वसाधारणपणे, लोक विचार करतातगुंतवणूक मुदत ठेव किंवा FD हा सर्वात सोयीचा पर्याय आहे कारण तो सुरक्षित आहे आणि निश्चित परतावा देतो. पण तो सर्वोत्तम मार्ग आहे का? जरी मुदत ठेव हा सर्वांसाठी एक सोपा गुंतवणुकीचा पर्याय आहे, तथापि, करपात्र असलेल्या मुदत ठेवींचा परतावा डेट फंडाच्या तुलनेत खूपच कमी असतो. शिवाय, दीर्घ कालावधीसाठी ठेवल्यास, कर्जम्युच्युअल फंड चांगले परतावा देतात. डेट म्युच्युअल फंड किंवा मुदत ठेवींमध्ये गुंतवणूक करण्याचा अंतिम निर्णय घेण्यापूर्वी, या गुंतवणुकीची तपशीलवार तुलना करा.

सारांश:

डेट म्युच्युअल फंड (डेट फंड) विरुद्ध मुदत ठेवी (एफडी)

जोखीम घेण्याची क्षमता आणि अपेक्षित होल्डिंग कालावधी द्वारे आम्हाला हे खंडित करणे आवश्यक आहेगुंतवणूकदार प्रश्नामध्ये.

लहान होल्डिंग कालावधी (1 वर्ष किंवा कमी)

येथे डेट फंडाचे पर्याय मर्यादित असतीललिक्विड फंड, अति-अल्पकालीन निधी आणि अल्पकालीनउत्पन्न निधी रिटर्न्स किंवा उत्पन्न सामान्यतः लिक्विड ते अल्ट्रा-शॉर्ट ते शॉर्ट टर्म फंडात जास्त असते, परंतु या डेट फंड आणि मुदत ठेव यांच्यातील उत्पन्नाचा फरक त्यांच्या मागील एका वर्षातील परताव्याच्या विचारात निश्चित केला जाऊ शकतो.

डेट म्युच्युअल फंड (श्रेणी सरासरी परतावा)

डेट म्युच्युअल फंडाचा प्रकार	मागील १ वर्ष. परत (%)
लिक्विड फंड	७.३६
अल्ट्रा शॉर्ट-टर्म डेट फंड	९.१८
अल्पकालीन कर्ज निधी	९.७८
डायनॅमिक डेट फंड	१३.८९
दीर्घकालीन कर्ज निधी	१३.१९
गिल्ट शॉर्ट टर्म फंड	11.76
गिल्ट दीर्घकालीन निधी	१५.०६
20 फेब्रुवारी 2017 पर्यंतचा डेटा

मुदत ठेव किंवा FD सरासरी परतावा दर

मुदत ठेवींचा सरासरी परतावा दर 8-8.5% p.a पर्यंत आहे. 2016 मध्ये (म्हणून कोणीही वरील परताव्याची टेबलमध्ये तुलना करू शकतो). तथापि, गेल्या एका वर्षात, परताव्याचा दर 6.6-7.5% p.a पर्यंत घसरला आहे.

वरील उदाहरणासह, हे स्पष्ट होते की कर्ज निधीचा परतावा सरासरी दर मुदत ठेवींपेक्षा चांगला आहे.

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दीर्घकालीन होल्डिंग कालावधी

दीर्घ हेतू असलेल्या होल्डिंग कालावधीसह, डेट फंड एफडीपेक्षा चांगले सिद्ध होऊ शकतात.

येथे गुंतवणूक करण्याचे पर्याय असे असतील:

दीर्घकालीन उत्पन्न निधी
दीर्घकालीन गिल्ट,
कॉर्पोरेटबंधन फंड (उच्च उत्पन्न निधी), लिक्विड वर नमूद केलेल्या पर्यायांव्यतिरिक्त, अल्ट्रा-शॉर्ट आणि शॉर्ट टर्म फंड देखील वापरले जाऊ शकतात.

होल्डिंग कालावधी 3 वर्षे किंवा त्याहून अधिक असू शकतो हे लक्षात घेता, आम्ही खालील म्हणू शकतो:

सहभांडवल इंडेक्सेशन फायद्यांसह 20% वर नफा कर, निव्वळ कर घटना किमान असेल (तथापि, कराच्या वर्षानुसार कर घटनांची गणना केली पाहिजे)
दीर्घकालीन उत्पन्न निधी/गिल्ट फंड उच्च उत्पन्नासह आणि त्याव्यतिरिक्त, जर व्याजदर कमी झाले तर खूप जास्त परतावा मिळेल.
या डेट फंड्ससह एखाद्याला उच्च दुहेरी अंकी परतावा मिळू शकतो.

दीर्घकालीन उत्पन्न निधीवरील परताव्याचे खालील उदाहरण घ्या, श्रेणीसाठी मागील 1-वर्षाचा सरासरी परतावा 12.19% आहे आणि शेवटच्या 3 वर्षांचा 10.32% आहे. या कालावधीत कोणत्याही एफडीने असा परतावा दिला नसता. गिल्ट फंडाचा परतावा आणखी जास्त आहे. याच कालावधीत, गेल्या वर्षी बहुतेक बँकांमध्ये एफडीचे दर 8-8.5% प्रतिवर्ष होते, (जरी आज दर 6.5 - 7.5% पर्यंत खाली आले आहेत)

त्यामुळे एखाद्या गुंतवणूकदाराचा दीर्घकालीन होल्डिंग कालावधी आणि व्याजदर कमी होत असताना, डेट फंड (दीर्घकालीन उत्पन्न किंवा गिल्ट) FD पेक्षा अधिक चांगला परतावा देईल. व्याजदर कमी होत नसतानाही, उच्च उत्पन्न कॉर्पोरेट बाँड फंड त्याच कालावधीत एफडीला मागे टाकतील.

डेट म्युच्युअल फंड आणि मुदत ठेवींवर कर आकारणी

डेट फंड आणि फिक्स डिपॉझिट्सचा परतावा निश्चित करण्यातही कर आकारणी महत्त्वाची भूमिका बजावते. सामान्यतः, मुदत ठेवींवर कर आकारणी ३३% (कराचा किरकोळ दर) असते तर डेट फंडांवर जर एखाद्याने ३ वर्षांपेक्षा कमी कालावधीची गुंतवणूक केली तर डीडीटी (लाभांश वितरण कर) वजा केल्यास लाभांश वितरण कर हा अधिक चांगला पर्याय असेल. अंदाजे २५% वर (+अधिभार इ.). हे दर्शविते की डेट म्युच्युअल फंडांवर कर आकारणी मुदत ठेवींपेक्षा तुलनेने कमी आहे.

डेट फंडाचे अतिरिक्त फायदे हे आहेत:

तरलता: पासून 1-2 दिवसात पैसे उपलब्धविमोचन
व्यावसायिक व्यवस्थापन: गतिशीलपणे धोरण बदलण्याची आणि बाजारपेठेचा फायदा घेण्याची क्षमता
मुदतीपूर्वी पैसे काढण्याचा दंड नाही.

सारांश:

पॅरामीटर्स	म्युच्युअल फंड	मुदत ठेवी
परताव्याचा दर	खात्रीशीर परतावे नाहीत	निश्चित परतावा
महागाई समायोजित परतावा	उच्च चलनवाढ समायोजित परताव्याची संभाव्यता	सहसा कमी चलनवाढ समायोजित परतावा
धोका	कमी ते उच्च जोखीम (निधीवर अवलंबून	कमी धोका
तरलता	द्रव	द्रव
मुदतपूर्व पैसे काढणे	एक्झिट लोड/नो लोडसह परवानगी आहे	दंडासह परवानगी
गुंतवणुकीची किंमत	व्यवस्थापन खर्च/खर्चाचे प्रमाण	कोणतीही किंमत नाही

टॉप 8 सर्वोत्तम कामगिरी करणारे डेट फंड 2022

खाली वरील निव्वळ मालमत्ता/एयूएम असलेल्या डेट फंडांची यादी आहे1000 कोटी आणि 3 वर्षांच्या चक्रवाढीवर क्रमवारी लावली (CAGR) परतावा.

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 (₹1,023 Cr).
Established history (10+ yrs).
Not Rated.
Risk profile: Moderate.
1Y return: 16.09% (top quartile).
1M return: 0.22% (upper mid).
Sharpe: 2.49 (upper mid).
Information ratio: 0.00 (top quartile).
Yield to maturity (debt): 7.60% (lower mid).
Modified duration: 2.08 yrs (upper mid).
Average maturity: 3.08 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 (~87%).
High-quality debt (AAA/AA ~94%).
Largest holding 6.79% Govt Stock 2034 (~6.9%).

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 (03 Sep 25)	₹22.6459 ↑ 0.01 (0.05 %)
Net Assets (Cr)	₹1,023 on 31 Jul 25
Category	Debt - Credit Risk
AMC	Birla Sun Life Asset Management Co Ltd
Rating	Not Rated
Risk	Moderate
Expense Ratio	1.54
Sharpe Ratio	2.49
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	7.6%
Effective Maturity	3 Years 29 Days
Modified Duration	2 Years 29 Days

Growth of 10,000 investment over the years.

Date	Value
31 Aug 20	₹10,000
31 Aug 21	₹10,915
31 Aug 22	₹11,640
31 Aug 23	₹12,420
31 Aug 24	₹13,465
31 Aug 25	₹15,633

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 3 Sep 25

Duration	Returns
1 Month	0.2%
3 Month	1.7%
6 Month	5.3%
1 Year	16.1%
3 Year	10.3%
5 Year	9.3%
10 Year
15 Year
Since launch	8.2%

Historical performance (Yearly) on absolute basis

Year	Returns
2024	11.9%
2023	6.9%
2022	7.1%
2021	6.4%
2020	9.4%
2019	2.1%
2018	6.6%
2017	8.1%
2016	10.3%
2015

Fund Manager information for Aditya Birla Sun Life Credit Risk Fund

Name	Since	Tenure
Sunaina Cunha	17 Apr 15	10.38 Yr.
Mohit Sharma	6 Aug 20	5.07 Yr.

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

Asset Allocation

Asset Class	Value
Cash	5.29%
Equity	7.81%
Debt	86.57%
Other	0.33%

Debt Sector Allocation

Sector	Value
Corporate	68.89%
Government	17.68%
Cash Equivalent	5.29%

Credit Quality

Rating	Value
A	5.73%
AA	68.33%
AAA	25.94%

Top Securities Holdings / Portfolio

Name	Holding	Value	Quantity
6.79% Govt Stock 2034 Sovereign Bonds \| -	7%	₹71 Cr	7,000,000 ↑ 1,500,000
JSW Steel Limited Debentures \| -	5%	₹55 Cr	550
Aditya Birla Real Estate Limited Debentures \| -	4%	₹45 Cr	4,500
5.00% Gmr Airport Ltd (13/02/2027) ** Debentures \| -	4%	₹37 Cr	3,700 ↑ 3,700
7.18% Govt Stock 2037 Sovereign Bonds \| -	4%	₹36 Cr	3,500,000
Jubilant Bevco Limited Debentures \| -	3%	₹31 Cr	3,000
Narayana Hrudayalaya Limited Debentures \| -	3%	₹30 Cr	3,000
JSW Energy Limited Debentures \| -	3%	₹30 Cr	3,000
360 One Prime Limited Debentures \| -	3%	₹30 Cr	3,000
Sis Limited Debentures \| -	3%	₹30 Cr	3,000

2. Aditya Birla Sun Life Medium Term Plan

The primary investment objective of the Scheme is to generate regular income through investments in debt & money market instruments in order to make regular dividend payments to unit holders & secondary objective is growth of capital.

Research Highlights for Aditya Birla Sun Life Medium Term Plan

Upper mid AUM (₹2,744 Cr).
Established history (16+ yrs).
Top rated.
Risk profile: Moderate.
1Y return: 12.71% (top quartile).
1M return: -0.13% (bottom quartile).
Sharpe: 2.94 (top quartile).
Information ratio: 0.00 (top quartile).
Yield to maturity (debt): 7.44% (lower mid).
Modified duration: 3.55 yrs (bottom quartile).
Average maturity: 4.76 yrs (bottom quartile).
Exit load: 0-365 Days (1%),365 Days and above(NIL).
Top sector: Real Estate.
Top bond sector: Corporate.
Debt-heavy allocation (~88%).
High-quality debt (AAA/AA ~96%).
Largest holding 7.1% Govt Stock 2034 (~6.8%).

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 (03 Sep 25)	₹40.236 ↑ 0.02 (0.06 %)
Net Assets (Cr)	₹2,744 on 31 Jul 25
Category	Debt - Medium term Bond
AMC	Birla Sun Life Asset Management Co Ltd
Rating	☆☆☆☆
Risk	Moderate
Expense Ratio	1.57
Sharpe Ratio	2.94
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	7.44%
Effective Maturity	4 Years 9 Months 4 Days
Modified Duration	3 Years 6 Months 18 Days

Growth of 10,000 investment over the years.

Date	Value
31 Aug 20	₹10,000
31 Aug 21	₹11,020
31 Aug 22	₹13,676
31 Aug 23	₹14,631
31 Aug 24	₹15,802
31 Aug 25	₹17,809

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 3 Sep 25

Duration	Returns
1 Month	-0.1%
3 Month	0.9%
6 Month	4.8%
1 Year	12.7%
3 Year	9.2%
5 Year	12.1%
10 Year
15 Year
Since launch	8.8%

Historical performance (Yearly) on absolute basis

Year	Returns
2024	10.5%
2023	6.9%
2022	24.8%
2021	7.1%
2020	8.1%
2019	-4.4%
2018	5.6%
2017	7%
2016	10.9%
2015	9.5%

Fund Manager information for Aditya Birla Sun Life Medium Term Plan

Name	Since	Tenure
Sunaina Cunha	1 Sep 14	11.01 Yr.
Mohit Sharma	6 Aug 20	5.07 Yr.

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

Asset Allocation

Asset Class	Value
Cash	7.57%
Equity	4.03%
Debt	88.15%
Other	0.25%

Debt Sector Allocation

Sector	Value
Corporate	55.83%
Government	32.32%
Cash Equivalent	7.57%

Credit Quality

Rating	Value
A	3.86%
AA	40.97%
AAA	55.18%

Top Securities Holdings / Portfolio

Name	Holding	Value	Quantity
7.1% Govt Stock 2034 Sovereign Bonds \| -	7%	₹194 Cr	18,696,700
7.18% Govt Stock 2033 Sovereign Bonds \| -	7%	₹192 Cr	18,500,000
6.79% Govt Stock 2034 Sovereign Bonds \| -	6%	₹168 Cr	16,500,000 ↓ -5,000,000
Nuvama Wealth Finance Limited Debentures \| -	3%	₹96 Cr	9,500
5.00% Gmr Airport Ltd (13/02/2027) ** Debentures \| -	3%	₹80 Cr	8,000 ↑ 8,000
Jubilant Bevco Limited Debentures \| -	3%	₹77 Cr	7,400
Indian Railway Finance Corporation Limited Debentures \| -	3%	₹75 Cr	7,500
National Bank For Financing Infrastructure And Development Debentures \| -	3%	₹71 Cr	7,000
Power Grid Corporation Of India Limited Debentures \| -	2%	₹70 Cr	7,000
360 One Prime Limited Debentures \| -	2%	₹65 Cr	6,500

3. 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 (₹1,014 Cr).
Established history (20+ yrs).
Rating: 2★ (lower mid).
Risk profile: Moderate.
1Y return: 9.28% (upper mid).
1M return: 0.24% (upper mid).
Sharpe: 3.44 (top quartile).
Information ratio: 0.00 (upper mid).
Yield to maturity (debt): 8.28% (top quartile).
Modified duration: 1.95 yrs (upper mid).
Average maturity: 2.32 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 (~91%).
High-quality debt (AAA/AA ~75%).
Largest holding 7.02% Govt Stock 2031 (~7.8%).

Below is the key information for Nippon India Credit Risk Fund

Nippon India Credit Risk Fund Growth
Launch Date	8 Jun 05
NAV (03 Sep 25)	₹35.4936 ↑ 0.01 (0.03 %)
Net Assets (Cr)	₹1,014 on 31 Jul 25
Category	Debt - Credit Risk
AMC	Nippon Life Asset Management Ltd.
Rating	☆☆
Risk	Moderate
Expense Ratio	1.46
Sharpe Ratio	3.44
Information Ratio	0
Alpha Ratio	0
Min Investment	500
Min SIP Investment	100
Exit Load	0-12 Months (1%),12 Months and above(NIL)
Yield to Maturity	8.28%
Effective Maturity	2 Years 3 Months 25 Days
Modified Duration	1 Year 11 Months 12 Days

Growth of 10,000 investment over the years.

Date	Value
31 Aug 20	₹10,000
31 Aug 21	₹11,574
31 Aug 22	₹12,031
31 Aug 23	₹12,922
31 Aug 24	₹13,930
31 Aug 25	₹15,227

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 3 Sep 25

Duration	Returns
1 Month	0.2%
3 Month	1.7%
6 Month	5.1%
1 Year	9.3%
3 Year	8.2%
5 Year	8.7%
10 Year
15 Year
Since launch	6.5%

Historical performance (Yearly) on absolute basis

Year	Returns
2024	8.3%
2023	7.9%
2022	3.9%
2021	13.5%
2020	-5.9%
2019	1.9%
2018	6.1%
2017	7%
2016	10%
2015	8.8%

Fund Manager information for Nippon India Credit Risk Fund

Name	Since	Tenure
Kinjal Desai	25 May 18	7.28 Yr.
Sushil Budhia	1 Feb 20	5.59 Yr.

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

Asset Allocation

Asset Class	Value
Cash	8.92%
Debt	90.78%
Other	0.29%

Debt Sector Allocation

Sector	Value
Corporate	76.68%
Government	14.1%
Cash Equivalent	8.92%

Credit Quality

Rating	Value
A	25.36%
AA	43.97%
AAA	30.68%

Top Securities Holdings / Portfolio

Name	Holding	Value	Quantity
7.02% Govt Stock 2031 Sovereign Bonds \| -	8%	₹77 Cr	7,500,000
Renew Solar Energy (Jharkhand Five) Private Limited Debentures \| -	5%	₹48 Cr	5,000
Jubilant Bevco Limited Debentures \| -	4%	₹42 Cr	4,000
TRuhome Finance Limited Debentures \| -	4%	₹41 Cr	4,000
Mancherial Repallewada Road Private Limited Debentures \| -	4%	₹41 Cr	4,500
Prestige Projects Private Limited Debentures \| -	4%	₹40 Cr	4,000
The Sandur Manganese And Iron Ores Limited Debentures \| -	4%	₹39 Cr	4,000
Bamboo Hotel And Global Centre (Delhi) Private Limited Debentures \| -	4%	₹38 Cr	3,800
Delhi International Airport Limited Debentures \| -	4%	₹36 Cr	3,500
Vedanta Limited Debentures \| -	4%	₹35 Cr	3,500

4. 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

Lower mid AUM (₹2,221 Cr).
Oldest track record among peers (21 yrs).
Rating: 4★ (top quartile).
Risk profile: Moderate.
1Y return: 8.09% (lower mid).
1M return: 0.13% (lower mid).
Sharpe: 2.43 (lower mid).
Information ratio: 0.00 (upper mid).
Yield to maturity (debt): 7.93% (top quartile).
Modified duration: 2.17 yrs (lower mid).
Average maturity: 2.96 yrs (upper mid).
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 (~89%).
High-quality debt (AAA/AA ~78%).
Largest holding 6.92% Govt Stock 2039 (~6.8%).

Below is the key information for SBI Credit Risk Fund

SBI Credit Risk Fund Growth
Launch Date	19 Jul 04
NAV (03 Sep 25)	₹46.1163 ↑ 0.05 (0.10 %)
Net Assets (Cr)	₹2,221 on 31 Jul 25
Category	Debt - Credit Risk
AMC	SBI Funds Management Private Limited
Rating	☆☆☆☆
Risk	Moderate
Expense Ratio	1.55
Sharpe Ratio	2.43
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	7.93%
Effective Maturity	2 Years 11 Months 16 Days
Modified Duration	2 Years 2 Months 1 Day

Growth of 10,000 investment over the years.

Date	Value
31 Aug 20	₹10,000
31 Aug 21	₹10,757
31 Aug 22	₹11,148
31 Aug 23	₹12,035
31 Aug 24	₹12,969
31 Aug 25	₹14,026

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 3 Sep 25

Duration	Returns
1 Month	0.1%
3 Month	1.2%
6 Month	4.4%
1 Year	8.1%
3 Year	7.9%
5 Year	6.9%
10 Year
15 Year
Since launch	7.5%

Historical performance (Yearly) on absolute basis

Year	Returns
2024	8.1%
2023	8.3%
2022	4.2%
2021	5%
2020	9.8%
2019	6.5%
2018	6.2%
2017	6.9%
2016	10.5%
2015	9.7%

Fund Manager information for SBI Credit Risk Fund

Name	Since	Tenure
Lokesh Mallya	1 Feb 17	8.59 Yr.

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

Asset Allocation

Asset Class	Value
Cash	8.22%
Equity	2.91%
Debt	88.5%
Other	0.36%

Debt Sector Allocation

Sector	Value
Corporate	73.53%
Government	14.97%
Cash Equivalent	8.22%

Credit Quality

Rating	Value
A	21.83%
AA	62.09%
AAA	16.08%

Top Securities Holdings / Portfolio

Name	Holding	Value	Quantity
6.92% Govt Stock 2039 Sovereign Bonds \| -	7%	₹152 Cr	15,000,000
Aadhar Housing Finance Limited Debentures \| -	5%	₹113 Cr	11,200
Nirma Limited Debentures \| -	5%	₹112 Cr	11,000
Renew Solar Energy (Jharkhand Five) Private Limited Debentures \| -	5%	₹106 Cr	11,000
Infopark Properties Limited Debentures \| -	5%	₹106 Cr	10,500
Nj Capital Private Limited Debentures \| -	4%	₹100 Cr	10,000
The Sandur Manganese And Iron Ores Limited Debentures \| -	4%	₹83 Cr	8,500
6.79% Govt Stock 2034 Sovereign Bonds \| -	4%	₹82 Cr	8,000,000
Avanse Financial Services Limited Debentures \| -	4%	₹80 Cr	8,000
Renserv Global Private Limited Debentures \| -	4%	₹80 Cr	8,000

5. ICICI Prudential Regular Savings Fund

The fund’s objective is to provide reasonable returns, by maintaining an optimum balance of safety, liquidity and yield, through investments in a basket of debt and money market instruments with a view to delivering consistent performance. However, there can be no assurance that the investment objective of the Scheme will be realized.

Research Highlights for ICICI Prudential Regular Savings Fund

Top quartile AUM (₹6,044 Cr).
Established history (14+ yrs).
Rating: 1★ (bottom quartile).
Risk profile: Moderate.
1Y return: 8.59% (upper mid).
1M return: 0.34% (top quartile).
Sharpe: 2.62 (upper mid).
Information ratio: 0.00 (lower mid).
Yield to maturity (debt): 7.91% (upper mid).
Modified duration: 1.87 yrs (top quartile).
Average maturity: 2.59 yrs (top quartile).
Exit load: 0-1 Years (1%),1 Years and above(NIL).
Top sector: Real Estate.
Top bond sector: Corporate.
Debt-heavy allocation (~84%).
High-quality debt (AAA/AA ~82%).
Largest holding 7.1% Govt Stock 2034 (~5.5%).

Below is the key information for ICICI Prudential Regular Savings Fund

ICICI Prudential Regular Savings Fund Growth
Launch Date	3 Dec 10
NAV (03 Sep 25)	₹32.2071 ↑ 0.02 (0.07 %)
Net Assets (Cr)	₹6,044 on 31 Jul 25
Category	Debt - Credit Risk
AMC	ICICI Prudential Asset Management Company Limited
Rating	☆
Risk	Moderate
Expense Ratio	1.43
Sharpe Ratio	2.62
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	7.91%
Effective Maturity	2 Years 7 Months 2 Days
Modified Duration	1 Year 10 Months 13 Days

Growth of 10,000 investment over the years.

Date	Value
31 Aug 20	₹10,000
31 Aug 21	₹10,848
31 Aug 22	₹11,369
31 Aug 23	₹12,110
31 Aug 24	₹13,153
31 Aug 25	₹14,280

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 3 Sep 25

Duration	Returns
1 Month	0.3%
3 Month	1.5%
6 Month	4.9%
1 Year	8.6%
3 Year	7.9%
5 Year	7.3%
10 Year
15 Year
Since launch	8.2%

Historical performance (Yearly) on absolute basis

Year	Returns
2024	8.5%
2023	7.2%
2022	5.1%
2021	6.2%
2020	9.8%
2019	9.5%
2018	6.6%
2017	6.8%
2016	9.5%
2015	9%

Fund Manager information for ICICI Prudential Regular Savings Fund

Name	Since	Tenure
Manish Banthia	7 Nov 16	8.82 Yr.
Akhil Kakkar	22 Jan 24	1.61 Yr.

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

Asset Allocation

Asset Class	Value
Cash	8.22%
Equity	7.86%
Debt	83.54%
Other	0.37%

Debt Sector Allocation

Sector	Value
Corporate	72.73%
Government	14.8%
Cash Equivalent	4.23%

Credit Quality

Rating	Value
A	16.98%
AA	57.39%
AAA	24.89%

Top Securities Holdings / Portfolio

Name	Holding	Value	Quantity
7.1% Govt Stock 2034 Sovereign Bonds \| -	5%	₹329 Cr	31,767,530
Embassy Office Parks REIT (Real Estate) -, Since 30 Apr 25 \| 542602	4%	₹233 Cr	6,030,181
Millennia Realtors Private Limited Debentures \| -	4%	₹211 Cr	2,100
Varroc Engineering Limited Debentures \| -	3%	₹204 Cr	25,000
Vedanta Limited Debentures \| -	3%	₹201 Cr	20,000
Bamboo Hotel And Global Centre (Delhi) Private Limited Debentures \| -	3%	₹186 Cr	18,500
Aadhar Housing Finance Limited Debentures \| -	3%	₹177 Cr	17,500
6.79% Govt Stock 2034 Sovereign Bonds \| -	3%	₹169 Cr	16,539,430 ↑ 8,068,500
Nirma Limited Debentures \| -	3%	₹152 Cr	15,000
Lodha Developers Limited Debentures \| -	2%	₹150 Cr	15,000

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 (₹2,368 Cr).
Established history (10+ yrs).
Rating: 3★ (upper mid).
Risk profile: Moderate.
1Y return: 7.99% (bottom quartile).
1M return: -1.07% (bottom quartile).
Sharpe: 1.26 (bottom quartile).
Information ratio: 0.00 (lower mid).
Yield to maturity (debt): 6.57% (bottom quartile).
Modified duration: 6.84 yrs (bottom quartile).
Average maturity: 9.54 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 (~98%).
High-quality debt (AAA/AA ~100%).
Largest holding 6.79% Govt Stock 2034 (~35.0%).
Top-3 holdings concentration ~85.2%.

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 (03 Sep 25)	₹24.7312 ↑ 0.07 (0.28 %)
Net Assets (Cr)	₹2,368 on 31 Jul 25
Category	Debt - 10 Yr Govt Bond
AMC	ICICI Prudential Asset Management Company Limited
Rating	☆☆☆
Risk	Moderate
Expense Ratio	0.39
Sharpe Ratio	1.26
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	6.57%
Effective Maturity	9 Years 6 Months 14 Days
Modified Duration	6 Years 10 Months 2 Days

Growth of 10,000 investment over the years.

Date	Value
31 Aug 20	₹10,000
31 Aug 21	₹10,621
31 Aug 22	₹10,704
31 Aug 23	₹11,438
31 Aug 24	₹12,412
31 Aug 25	₹13,382

ICICI Prudential Constant Maturity Gilt Fund SIP Returns

Total investment amount is ₹180,000
expected amount after 3 Years is ₹197,169.
Net Profit of ₹17,169 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 3 Sep 25

Duration	Returns
1 Month	-1.1%
3 Month	-1.2%
6 Month	4%
1 Year	8%
3 Year	7.8%
5 Year	5.8%
10 Year
15 Year
Since launch	8.6%

Historical performance (Yearly) on absolute basis

Year	Returns
2024	9.3%
2023	7.7%
2022	1.2%
2021	2.8%
2020	13.6%
2019	12.8%
2018	9.7%
2017	2.4%
2016	16.2%
2015	6.9%

Fund Manager information for ICICI Prudential Constant Maturity Gilt Fund

Name	Since	Tenure
Manish Banthia	22 Jan 24	1.61 Yr.
Raunak Surana	22 Jan 24	1.61 Yr.

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

Asset Allocation

Asset Class	Value
Cash	2.19%
Debt	97.81%

Debt Sector Allocation

Sector	Value
Government	97.81%
Cash Equivalent	2.19%

Credit Quality

Rating	Value
AAA	100%

Top Securities Holdings / Portfolio

Name	Holding	Value	Quantity
6.79% Govt Stock 2034 Sovereign Bonds \| -	35%	₹800 Cr	78,374,500 ↓ -7,000,000
6.64% Govt Stock 2035 Sovereign Bonds \| -	28%	₹640 Cr	63,500,000
7.1% Govt Stock 2034 Sovereign Bonds \| -	22%	₹510 Cr	49,219,850 ↓ -2,500,000
7.18% Govt Stock 2037 Sovereign Bonds \| -	6%	₹145 Cr	14,000,000
6.92% Govt Stock 2039 Sovereign Bonds \| -	3%	₹66 Cr	6,500,000 ↑ 2,000,000
6.19% Govt Stock 2034 Sovereign Bonds \| -	2%	₹49 Cr	5,000,000
6.67% Govt Stock 2035 Sovereign Bonds \| -	1%	₹25 Cr	2,500,000
6.33% Goi 2035 Sovereign Bonds \| -	0%	₹4 Cr	413,500
Net Current Assets Net Current Assets \| -	2%	₹42 Cr
Treps CBLO/Reverse Repo \| -	0%	₹8 Cr

7. ICICI Prudential Floating Interest Fund

(Erstwhile ICICI Prudential Savings Fund)

The scheme aims to generate income consistent with the prudent risk from a portfolio comprising floating rate debt instruments, fixed rate debt instruments swapped for floating rate return, and also fixed rate instruments & money market instruments.

Research Highlights for ICICI Prudential Floating Interest Fund

Highest AUM (₹7,555 Cr).
Established history (19+ yrs).
Rating: 3★ (lower mid).
Risk profile: Moderate.
1Y return: 7.73% (bottom quartile).
1M return: 0.32% (top quartile).
Sharpe: 2.16 (lower mid).
Information ratio: 0.00 (bottom quartile).
Yield to maturity (debt): 7.30% (bottom quartile).
Modified duration: 1.07 yrs (top quartile).
Average maturity: 3.87 yrs (lower mid).
Exit load: NIL.
Higher exposure to Financial Services vs peer median.
Top bond sector: Corporate.
Debt-heavy allocation (~94%).
High-quality debt (AAA/AA ~100%).
Largest holding 7.81% Govt Stock 2033 (~21.9%).

Below is the key information for ICICI Prudential Floating Interest Fund

ICICI Prudential Floating Interest Fund Growth
Launch Date	18 Nov 05
NAV (03 Sep 25)	₹429.432 ↑ 0.04 (0.01 %)
Net Assets (Cr)	₹7,555 on 31 Jul 25
Category	Debt - Floating Rate
AMC	ICICI Prudential Asset Management Company Limited
Rating	☆☆☆
Risk	Moderate
Expense Ratio	1.2
Sharpe Ratio	2.16
Information Ratio	0
Alpha Ratio	0
Min Investment	5,000
Min SIP Investment	100
Exit Load	NIL
Yield to Maturity	7.3%
Effective Maturity	3 Years 10 Months 13 Days
Modified Duration	1 Year 25 Days

Growth of 10,000 investment over the years.

Date	Value
31 Aug 20	₹10,000
31 Aug 21	₹10,653
31 Aug 22	₹10,909
31 Aug 23	₹11,762
31 Aug 24	₹12,684
31 Aug 25	₹13,668

ICICI Prudential Floating Interest Fund SIP Returns

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

Returns for ICICI Prudential Floating Interest Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 3 Sep 25

Duration	Returns
1 Month	0.3%
3 Month	1.5%
6 Month	4.2%
1 Year	7.7%
3 Year	7.8%
5 Year	6.4%
10 Year
15 Year
Since launch	7.6%

Historical performance (Yearly) on absolute basis

Year	Returns
2024	8%
2023	7.7%
2022	4.3%
2021	3.8%
2020	9.5%
2019	8.4%
2018	6.6%
2017	6.8%
2016	8.9%
2015	8.1%

Fund Manager information for ICICI Prudential Floating Interest Fund

Name	Since	Tenure
Ritesh Lunawat	13 Sep 24	0.97 Yr.
Darshil Dedhia	12 Jun 23	2.22 Yr.

Data below for ICICI Prudential Floating Interest Fund as on 31 Jul 25

Asset Allocation

Asset Class	Value
Cash	5.94%
Debt	93.62%
Other	0.44%

Debt Sector Allocation

Sector	Value
Corporate	55.54%
Government	38.08%
Cash Equivalent	5.94%

Credit Quality

Rating	Value
AA	32.89%
AAA	67.11%

Top Securities Holdings / Portfolio

Name	Holding	Value	Quantity
7.81% Govt Stock 2033 Sovereign Bonds \| -	22%	₹1,659 Cr	159,622,060 ↓ -500,000
6.99% Govt Stock 2034 Sovereign Bonds \| -	7%	₹546 Cr	53,446,560
LIC Housing Finance Ltd Debentures \| -	5%	₹372 Cr	3,650
National Bank For Agriculture And Rural Development Debentures \| -	3%	₹208 Cr	20,500
LIC Housing Finance Ltd Debentures \| -	3%	₹203 Cr	20,000
Oberoi Realty Limited Debentures \| -	3%	₹202 Cr	20,000
Vedanta Limited Debentures \| -	3%	₹201 Cr	20,000
Muthoot Finance Limited Debentures \| -	3%	₹193 Cr	19,000
Mankind Pharma Limited Debentures \| -	2%	₹156 Cr	15,500
Muthoot Finance Limited Debentures \| -	2%	₹152 Cr	15,000

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 (₹1,938 Cr).
Established history (13+ yrs).
Rating: 4★ (upper mid).
Risk profile: Moderate.
1Y return: 8.44% (lower mid).
1M return: -0.06% (lower mid).
Sharpe: 1.96 (bottom quartile).
Information ratio: 0.00 (bottom quartile).
Yield to maturity (debt): 7.64% (upper mid).
Modified duration: 3.01 yrs (lower mid).
Average maturity: 3.82 yrs (lower mid).
Exit load: 0-12 Months (1%),12 Months and above(NIL).
Top sector: Real Estate.
Top bond sector: Corporate.
Debt-heavy allocation (~93%).
High-quality debt (AAA/AA ~92%).
Largest holding 7.1% Govt Stock 2034 (~13.2%).

Below is the key information for Axis Strategic Bond Fund

Axis Strategic Bond Fund Growth
Launch Date	28 Mar 12
NAV (03 Sep 25)	₹28.2698 ↑ 0.02 (0.07 %)
Net Assets (Cr)	₹1,938 on 31 Jul 25
Category	Debt - Medium term Bond
AMC	Axis Asset Management Company Limited
Rating	☆☆☆☆
Risk	Moderate
Expense Ratio	1.08
Sharpe Ratio	1.96
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	7.64%
Effective Maturity	3 Years 9 Months 25 Days
Modified Duration	3 Years 4 Days

Growth of 10,000 investment over the years.

Date	Value
31 Aug 20	₹10,000
31 Aug 21	₹10,775
31 Aug 22	₹11,176
31 Aug 23	₹11,914
31 Aug 24	₹12,887
31 Aug 25	₹13,975

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 3 Sep 25

Duration	Returns
1 Month	-0.1%
3 Month	0.7%
6 Month	4.6%
1 Year	8.4%
3 Year	7.7%
5 Year	6.8%
10 Year
15 Year
Since launch	8%

Historical performance (Yearly) on absolute basis

Year	Returns
2024	8.7%
2023	7.3%
2022	3.8%
2021	5.2%
2020	10.5%
2019	7.1%
2018	6.7%
2017	7.5%
2016	11.6%
2015	6.8%

Fund Manager information for Axis Strategic Bond Fund

Name	Since	Tenure
Devang Shah	5 Nov 12	12.83 Yr.
Sachin Jain	1 Feb 23	2.58 Yr.
Akhil Thakker	1 Feb 23	2.58 Yr.

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

Asset Allocation

Asset Class	Value
Cash	5.24%
Equity	1.13%
Debt	93.34%
Other	0.29%

Debt Sector Allocation

Sector	Value
Corporate	64.6%
Government	28.73%
Cash Equivalent	5.24%

Credit Quality

Rating	Value
A	8.35%
AA	51.21%
AAA	40.45%

Top Securities Holdings / Portfolio

Name	Holding	Value	Quantity
7.1% Govt Stock 2034 Sovereign Bonds \| -	13%	₹251 Cr	24,200,000
Jubilant Beverages Limited Debentures \| -	4%	₹67 Cr	6,500
GMR Hyderabad International Airport Ltd Debentures \| -	3%	₹66 Cr	6,500
Delhi International Airport Limited Debentures \| -	3%	₹66 Cr	6,500
Nirma Limited Debentures \| -	3%	₹61 Cr	6,000
Vedanta Limited Debentures \| -	3%	₹60 Cr	6,000
Nuvama Wealth Finance Limited Debentures \| -	3%	₹58 Cr	5,800
Dlf Cyber City Developers Ltd Debentures \| -	3%	₹56 Cr	5,500
Aditya Birla Digital Fashion Ventures Limited Debentures \| -	3%	₹55 Cr	5,500 ↓ -500
Aadhar Housing Finance Limited Debentures \| -	3%	₹53 Cr	5,200

Disclaimer:
येथे प्रदान केलेली माहिती अचूक असल्याची खात्री करण्यासाठी सर्व प्रयत्न केले गेले आहेत. तथापि, डेटाच्या अचूकतेबद्दल कोणतीही हमी दिली जात नाही. कृपया कोणतीही गुंतवणूक करण्यापूर्वी योजना माहिती दस्तऐवजासह सत्यापित करा.