5 Best Performing Intermediate Debt Funds SIP Investment 2025

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Top 5 Best Performing Intermediate or Mid Term Debt Funds to Invest in SIP
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Top 5 Debt - Medium term Bond Funds

Best Intermediate Debt Funds for SIP Investment 2025

Updated on June 5, 2025 , 1699 views

Intermediate Bonds also known as medium term funds are a type of debt Mutual Funds that invest in debt securities with a time horizon of up to 3 years or more. The average maturity period of mid-term funds is longer than liquid, ultra-short and short-term Debt fund. In recent times, medium funds have delivered the best returns due to successive rate cuts in India. These funds are less sensitive to interest rates, and therefore are less volatile, than the longer duration funds like Gilt Funds. For best results, investors are advised to invest in the best intermediate debt funds via a SIP. Investors can choose top performing scheme from the below pre-listed top rated mid-term debt funds.

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Top 5 Best Performing Intermediate or Mid Term Debt Funds to Invest in SIP

Fund	NAV	Net Assets (Cr)	Min SIP Investment	3 MO (%)	6 MO (%)	1 YR (%)	3 YR (%)	5 YR (%)	2024 (%)
Aditya Birla Sun Life Medium Term Plan Growth	₹39.9762 ↑ 0.06	₹2,338	1,000	4	7.9	15.1	15	13.6	10.5
Axis Strategic Bond Fund Growth	₹28.1188 ↑ 0.04	₹1,930	1,000	3.9	5.6	10.3	8.4	7.3	8.7
Nippon India Strategic Debt Fund Growth	₹15.5113 ↑ 0.00	₹102	100	3.5	5.2	9.9	7.7	8.1	8.3
DSP BlackRock Bond Fund Growth	₹82.577 ↑ 0.29	₹309	500	4.7	6.1	10.7	8.2	6.3	7.6
Kotak Medium Term Fund Growth	₹22.8077 ↑ 0.03	₹1,925	1,000	3.9	5.2	10.3	7.9	7.1	9
Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 6 Jun 25

1. 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.

Aditya Birla Sun Life Medium Term Plan is a Debt - Medium term Bond fund was launched on 25 Mar 09. It is a fund with Moderate risk and has given a CAGR/Annualized return of 8.9% since its launch. Ranked 6 in Medium term Bond category. Return for 2024 was 10.5% , 2023 was 6.9% and 2022 was 24.8% .

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 (06 Jun 25)	₹39.9762 ↑ 0.06 (0.15 %)
Net Assets (Cr)	₹2,338 on 30 Apr 25
Category	Debt - Medium term Bond
AMC	Birla Sun Life Asset Management Co Ltd
Rating	☆☆☆☆
Risk	Moderate
Expense Ratio	1.55
Sharpe Ratio	3.38
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	7.68%
Effective Maturity	4 Years 9 Months 29 Days
Modified Duration	3 Years 7 Months 6 Days

Growth of 10,000 investment over the years.

Date	Value
31 May 20	₹10,000
31 May 21	₹11,629
31 May 22	₹12,463
31 May 23	₹15,465
31 May 24	₹16,460
31 May 25	₹18,878

Aditya Birla Sun Life Medium Term Plan SIP Returns

Total investment amount is ₹180,000
expected amount after 3 Years is ₹221,713.
Net Profit of ₹41,713 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 6 Jun 25

Duration	Returns
1 Month	1.4%
3 Month	4%
6 Month	7.9%
1 Year	15.1%
3 Year	15%
5 Year	13.6%
10 Year
15 Year
Since launch	8.9%

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	10.75 Yr.
Mohit Sharma	6 Aug 20	4.82 Yr.

Data below for Aditya Birla Sun Life Medium Term Plan as on 30 Apr 25

Asset Allocation

Asset Class	Value
Cash	2.24%
Equity	4.31%
Debt	93.21%
Other	0.24%

Debt Sector Allocation

Sector	Value
Corporate	61.21%
Government	32%
Cash Equivalent	2.24%

Credit Quality

Rating	Value
A	2.18%
AA	42.15%
AAA	53.35%
BBB	2.31%

Top Securities Holdings / Portfolio

Name	Holding	Value	Quantity
7.18% Govt Stock 2033 Sovereign Bonds \| -	8%	₹195 Cr	18,500,000 ↓ -14,500,000
6.79% Govt Stock 2034 Sovereign Bonds \| -	7%	₹155 Cr	15,000,000 ↑ 11,500,000
7.1% Govt Stock 2034 Sovereign Bonds \| -	5%	₹128 Cr	12,196,700 ↓ -500,000
Small Industries Development Bank Of India Debentures \| -	4%	₹102 Cr	10,000
Nuvama Wealth Finance Ltd Debentures \| -	4%	₹95 Cr	9,500
National Bank For Financing Infrastructure And Development Debentures \| -	3%	₹72 Cr	7,000
360 One Prime Ltd. 9.4% Debentures \| -	3%	₹65 Cr	6,500
SK Finance Limited Debentures \| -	3%	₹65 Cr	6,500
Narayana Hrudayalaya Limited Debentures \| -	3%	₹61 Cr	6,000
Vedanta Limited Debentures \| -	3%	₹60 Cr	6,000

2. 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.

Axis Strategic Bond Fund is a Debt - Medium term Bond fund was launched on 28 Mar 12. It is a fund with Moderate risk and has given a CAGR/Annualized return of 8.2% since its launch. Ranked 7 in Medium term Bond category. Return for 2024 was 8.7% , 2023 was 7.3% and 2022 was 3.8% .

Below is the key information for Axis Strategic Bond Fund

Axis Strategic Bond Fund Growth
Launch Date	28 Mar 12
NAV (06 Jun 25)	₹28.1188 ↑ 0.04 (0.16 %)
Net Assets (Cr)	₹1,930 on 30 Apr 25
Category	Debt - Medium term Bond
AMC	Axis Asset Management Company Limited
Rating	☆☆☆☆
Risk	Moderate
Expense Ratio	1.06
Sharpe Ratio	2.56
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	7.55%
Effective Maturity	5 Years 6 Months 22 Days
Modified Duration	3 Years 8 Months 12 Days

Growth of 10,000 investment over the years.

Date	Value
31 May 20	₹10,000
31 May 21	₹10,879
31 May 22	₹11,228
31 May 23	₹12,078
31 May 24	₹12,932
31 May 25	₹14,232

Axis Strategic Bond 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 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 6 Jun 25

Duration	Returns
1 Month	1.1%
3 Month	3.9%
6 Month	5.6%
1 Year	10.3%
3 Year	8.4%
5 Year	7.3%
10 Year
15 Year
Since launch	8.2%

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	12.58 Yr.
Sachin Jain	1 Feb 23	2.33 Yr.
Akhil Thakker	1 Feb 23	2.33 Yr.

Data below for Axis Strategic Bond Fund as on 30 Apr 25

Asset Allocation

Asset Class	Value
Cash	3.4%
Equity	0.34%
Debt	95.97%
Other	0.28%

Debt Sector Allocation

Sector	Value
Corporate	57.51%
Government	38.46%
Cash Equivalent	3.4%

Credit Quality

Rating	Value
A	8.41%
AA	38.88%
AAA	52.71%

Top Securities Holdings / Portfolio

Name	Holding	Value	Quantity
7.1% Govt Stock 2034 Sovereign Bonds \| -	17%	₹339 Cr	32,200,000 ↑ 1,000,000
7.18% Govt Stock 2033 Sovereign Bonds \| -	5%	₹101 Cr	9,600,000 ↑ 5,000,000
REC Ltd. 6.87% Debentures \| -	5%	₹100 Cr	10,000 ↑ 10,000
6.79% Govt Stock 2034 Sovereign Bonds \| -	5%	₹99 Cr	9,531,900 ↓ -7,500,000
Nirma Limited Debentures \| -	3%	₹61 Cr	6,000
Vedanta Limited Debentures \| -	3%	₹60 Cr	6,000
Nuvama Wealth Finance Limited 9.75% Debentures \| -	3%	₹58 Cr	5,800
DLF Cyber City Developers Ltd. 8.4% Debentures \| -	3%	₹56 Cr	5,500
Aadhar Housing Finance Ltd. 8.65% Debentures \| -	3%	₹53 Cr	5,200
7.48% National Bank For Agriculture And Rural Development Debentures \| -	3%	₹51 Cr	5,000

3. Nippon India Strategic Debt Fund

(Erstwhile Reliance Classic Bond Fund)

To generate income through investments in a range of debt and money market instruments of various maturities with a view to maximizing income while maintaining the optimum balance of yield, safety and liquidity. The scheme would focus its investments predominantly in corporate bonds of various maturities and across ratings for the purpose of achieving regular income and capital appreciation.

Nippon India Strategic Debt Fund is a Debt - Medium term Bond fund was launched on 26 Jun 14. It is a fund with Moderate risk and has given a CAGR/Annualized return of 4.1% since its launch. Ranked 7 in Medium term Bond category. Return for 2024 was 8.3% , 2023 was 7% and 2022 was 2% .

Below is the key information for Nippon India Strategic Debt Fund

Nippon India Strategic Debt Fund Growth
Launch Date	26 Jun 14
NAV (06 Jun 25)	₹15.5113 ↑ 0.00 (0.02 %)
Net Assets (Cr)	₹102 on 30 Apr 25
Category	Debt - Medium term Bond
AMC	Nippon Life Asset Management Ltd.
Rating	☆☆☆☆
Risk	Moderate
Expense Ratio	1.92
Sharpe Ratio	2.49
Information Ratio	0
Alpha Ratio	0
Min Investment	5,000
Min SIP Investment	100
Exit Load	0-12 Months (1%),12 Months and above(NIL)
Yield to Maturity	7.33%
Effective Maturity	4 Years 10 Months 13 Days
Modified Duration	3 Years 5 Months 12 Days

Growth of 10,000 investment over the years.

Date	Value
31 May 20	₹10,000
31 May 21	₹10,302
31 May 22	₹11,873
31 May 23	₹12,667
31 May 24	₹13,447
31 May 25	₹14,775

Nippon India Strategic Debt 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 Strategic 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 6 Jun 25

Duration	Returns
1 Month	0.8%
3 Month	3.5%
6 Month	5.2%
1 Year	9.9%
3 Year	7.7%
5 Year	8.1%
10 Year
15 Year
Since launch	4.1%

Historical performance (Yearly) on absolute basis

Year	Returns
2024	8.3%
2023	7%
2022	2%
2021	17.4%
2020	-23.5%
2019	-3.4%
2018	4.7%
2017	6.9%
2016	11.1%
2015	9%

Fund Manager information for Nippon India Strategic Debt Fund

Name	Since	Tenure
Kinjal Desai	25 May 18	7.02 Yr.
Sushil Budhia	1 Feb 20	5.33 Yr.
Akshay Sharma	1 Dec 22	2.5 Yr.

Data below for Nippon India Strategic Debt Fund as on 30 Apr 25

Asset Allocation

Asset Class	Value
Cash	16.49%
Debt	83.06%
Other	0.46%

Debt Sector Allocation

Sector	Value
Corporate	44.97%
Government	38.09%
Cash Equivalent	16.49%

Credit Quality

Rating	Value
AA	58.39%
AAA	41.61%

Top Securities Holdings / Portfolio

Name	Holding	Value	Quantity
7.18% Govt Stock 2037 Sovereign Bonds \| -	26%	₹27 Cr	2,500,000
6.79% Govt Stock 2034 Sovereign Bonds \| -	5%	₹5 Cr	500,000 ↑ 500,000
Century Textiles And Industries Limited Debentures \| -	5%	₹5 Cr	500
Truhome Finance Ltd. 9.25% Debentures \| -	5%	₹5 Cr	500
Godrej Industries Limited Debentures \| -	5%	₹5 Cr	500
Aadhar Housing Finance Limited Debentures \| -	5%	₹5 Cr	500
JSW Steel Limited Debentures \| -	5%	₹5 Cr	50
Delhi International Airport Limited Debentures \| -	4%	₹4 Cr	400
Indostar Capital Finance Limited Debentures \| -	4%	₹4 Cr	400
5.63% Govt Stock 2026 Sovereign Bonds \| -	3%	₹4 Cr	351,700

4. DSP BlackRock Bond Fund

Aims to generate attractive returns consistent with prudent risk from a diversified portfolio substantially constituted of high quality debt securities.

DSP BlackRock Bond Fund is a Debt - Medium term Bond fund was launched on 29 Apr 97. It is a fund with Moderate risk and has given a CAGR/Annualized return of 7.8% since its launch. Ranked 17 in Medium term Bond category. Return for 2024 was 7.6% , 2023 was 7% and 2022 was 2.9% .

Below is the key information for DSP BlackRock Bond Fund

DSP BlackRock Bond Fund Growth
Launch Date	29 Apr 97
NAV (06 Jun 25)	₹82.577 ↑ 0.29 (0.35 %)
Net Assets (Cr)	₹309 on 30 Apr 25
Category	Debt - Medium term Bond
AMC	DSP BlackRock Invmt Managers Pvt. Ltd.
Rating	☆☆☆
Risk	Moderate
Expense Ratio	0.74
Sharpe Ratio	1.94
Information Ratio	0
Alpha Ratio	0
Min Investment	1,000
Min SIP Investment	500
Exit Load	0-6 Months (0.25%),6 Months and above(NIL)
Yield to Maturity	6.75%
Effective Maturity	4 Years 29 Days
Modified Duration	3 Years 3 Months 25 Days

Growth of 10,000 investment over the years.

Date	Value
31 May 20	₹10,000
31 May 21	₹10,580
31 May 22	₹10,743
31 May 23	₹11,525
31 May 24	₹12,271
31 May 25	₹13,536

DSP BlackRock 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 DSP BlackRock 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 6 Jun 25

Duration	Returns
1 Month	1.6%
3 Month	4.7%
6 Month	6.1%
1 Year	10.7%
3 Year	8.2%
5 Year	6.3%
10 Year
15 Year
Since launch	7.8%

Historical performance (Yearly) on absolute basis

Year	Returns
2024	7.6%
2023	7%
2022	2.9%
2021	3.4%
2020	10%
2019	3%
2018	3.6%
2017	5%
2016	12.9%
2015	6%

Fund Manager information for DSP BlackRock Bond Fund

Name	Since	Tenure
Vivek Ramakrishnan	17 Jul 21	3.87 Yr.
Karan Mundhra	1 May 21	4.09 Yr.

Data below for DSP BlackRock Bond Fund as on 30 Apr 25

Asset Allocation

Asset Class	Value
Cash	19.37%
Debt	79.93%
Other	0.69%

Debt Sector Allocation

Sector	Value
Corporate	57.37%
Government	38.27%
Cash Equivalent	3.67%

Credit Quality

Rating	Value
AAA	100%

Top Securities Holdings / Portfolio

Name	Holding	Value	Quantity
Power Finance Corporation Ltd. Debentures \| -	8%	₹26 Cr	2,500
LIC Housing Finance Ltd. Debentures \| -	8%	₹26 Cr	2,500
Chhattisgarh (Government of) 7.03% - \| -	8%	₹26 Cr	2,500,000
Small Industries Development Bank of India Debentures \| -	8%	₹26 Cr	2,500
Bajaj Finance Limited Debentures \| -	8%	₹26 Cr	250
National Bank For Agriculture And Rural Development Debentures \| -	8%	₹26 Cr	2,500
Rec Limited 7.34% Debentures \| -	8%	₹26 Cr	2,500
Indian Railway Finance Corp Ltd. Domestic Bonds \| -	8%	₹25 Cr	2,500 ↑ 2,500
7.32% Govt Stock 2030 Sovereign Bonds \| -	7%	₹21 Cr	2,000,000
7.17% Govt Stock 2030 Sovereign Bonds \| -	7%	₹21 Cr	2,000,000

5. Kotak Medium Term Fund

The investment objective of the scheme is to generate regular income and capital appreciation by investing in a portfolio of medium term debt and money market instruments. There is no assurance or guarantee that the investment objective of the scheme will be achieved

Kotak Medium Term Fund is a Debt - Medium term Bond fund was launched on 25 Mar 14. It is a fund with Moderate risk and has given a CAGR/Annualized return of 7.6% since its launch. Ranked 10 in Medium term Bond category. Return for 2024 was 9% , 2023 was 6.1% and 2022 was 3.2% .

Below is the key information for Kotak Medium Term Fund

Kotak Medium Term Fund Growth
Launch Date	25 Mar 14
NAV (06 Jun 25)	₹22.8077 ↑ 0.03 (0.13 %)
Net Assets (Cr)	₹1,925 on 30 Apr 25
Category	Debt - Medium term Bond
AMC	Kotak Mahindra Asset Management Co Ltd
Rating	☆☆☆
Risk	Moderate
Expense Ratio	1.58
Sharpe Ratio	2.07
Information Ratio	0
Alpha Ratio	0
Min Investment	5,000
Min SIP Investment	1,000
Exit Load	0-18 Months (2%),18 Months and above(NIL)
Yield to Maturity	7.84%
Effective Maturity	5 Years 14 Days
Modified Duration	3 Years 5 Months 19 Days

Growth of 10,000 investment over the years.

Date	Value
31 May 20	₹10,000
31 May 21	₹10,906
31 May 22	₹11,279
31 May 23	₹11,934
31 May 24	₹12,789
31 May 25	₹14,072

Kotak Medium Term 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 Kotak Medium Term Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 6 Jun 25

Duration	Returns
1 Month	1.2%
3 Month	3.9%
6 Month	5.2%
1 Year	10.3%
3 Year	7.9%
5 Year	7.1%
10 Year
15 Year
Since launch	7.6%

Historical performance (Yearly) on absolute basis

Year	Returns
2024	9%
2023	6.1%
2022	3.2%
2021	4.7%
2020	8.5%
2019	7%
2018	5.4%
2017	6.6%
2016	10.9%
2015	9.3%

Fund Manager information for Kotak Medium Term Fund

Name	Since	Tenure
Deepak Agrawal	25 Mar 14	11.19 Yr.
Vihag Mishra	1 Jun 25	0 Yr.

Data below for Kotak Medium Term Fund as on 30 Apr 25

Asset Allocation

Asset Class	Value
Cash	6.14%
Equity	5.73%
Debt	86.57%
Other	1.55%

Debt Sector Allocation

Sector	Value
Corporate	62.43%
Government	23.78%
Cash Equivalent	6.51%

Credit Quality

Rating	Value
A	9.97%
AA	34.16%
AAA	55.88%

Top Securities Holdings / Portfolio

Name	Holding	Value	Quantity
7.1% Govt Stock 2034 Sovereign Bonds \| -	13%	₹245 Cr	23,250,021 ↓ -3,000,000
7.18% Govt Stock 2033 Sovereign Bonds \| -	9%	₹175 Cr	16,543,470 ↓ -500,000
Bamboo Hotel And Global Centre (Delhi) Private Limited Debentures \| -	5%	₹91 Cr	9,000
TATA Steel Limited Debentures \| -	4%	₹77 Cr	750
Pipeline Infrastructure Private Limited Debentures \| -	3%	₹65 Cr	6,280
Aditya Birla Renewables Limited Debentures \| -	3%	₹61 Cr	6,000
SANSAR AUG 2024 V TRUST Unlisted bonds \| -	3%	₹60 Cr	600,000,000
Indostar Capital Finance Limited Debentures \| -	3%	₹60 Cr	6,000
Embassy Office Parks REIT (Real Estate) -, Since 31 May 21 \| 542602	3%	₹58 Cr	1,498,708
Century Textiles And Industries Limited Debentures \| -	3%	₹57 Cr	5,500

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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.