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 May 16, 2025 , 1676 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	₹39.683 ↑ 0.02	₹2,206	1,000	3.5	7.8	14.7	14.8	13.7	10.5
Axis Strategic Bond Fund Growth	₹27.9547 ↑ 0.01	₹1,899	1,000	3.6	5.6	10.1	8.2	7.4	8.7
Nippon India Strategic Debt Fund Growth	₹15.463 ↑ 0.01	₹99	100	3.5	5.4	9.9	7.5	8.1	8.3
Kotak Dynamic Bond Fund Growth	₹37.7793 ↓ -0.02	₹2,826	1,000	4.4	5.7	11	8.2	6.7	9.3
Kotak Medium Term Fund Growth	₹22.6777 ↑ 0.01	₹1,766	1,000	3.5	5.1	10.2	7.7	7.2	9
Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 19 May 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 (19 May 25)	₹39.683 ↑ 0.02 (0.06 %)
Net Assets (Cr)	₹2,206 on 31 Mar 25
Category	Debt - Medium term Bond
AMC	Birla Sun Life Asset Management Co Ltd
Rating	☆☆☆☆
Risk	Moderate
Expense Ratio	1.55
Sharpe Ratio	2.48
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	7.89%
Effective Maturity	4 Years 10 Months 24 Days
Modified Duration	3 Years 7 Months 17 Days

Growth of 10,000 investment over the years.

Date	Value
30 Apr 20	₹10,000
30 Apr 21	₹11,757
30 Apr 22	₹12,748
30 Apr 23	₹15,615
30 Apr 24	₹16,612
30 Apr 25	₹19,032

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 19 May 25

Duration	Returns
1 Month	1.1%
3 Month	3.5%
6 Month	7.8%
1 Year	14.7%
3 Year	14.8%
5 Year	13.7%
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	10.67 Yr.
Mohit Sharma	6 Aug 20	4.74 Yr.

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

Asset Allocation

Asset Class	Value
Cash	4.63%
Equity	4.35%
Debt	90.78%
Other	0.24%

Debt Sector Allocation

Sector	Value
Corporate	57.77%
Government	33.01%
Cash Equivalent	4.63%

Credit Quality

Rating	Value
A	2.36%
AA	39.52%
AAA	55.71%
BBB	2.42%

Top Securities Holdings / Portfolio

Name	Holding	Value	Quantity
7.18% Govt Stock 2033 Sovereign Bonds \| -	15%	₹346 Cr	33,000,000 ↓ -8,000,000
7.1% Govt Stock 2034 Sovereign Bonds \| -	6%	₹133 Cr	12,696,700
Small Industries Development Bank Of India Debentures \| -	4%	₹102 Cr	10,000 ↑ 10,000
Nuvama Wealth Finance Ltd Debentures \| -	4%	₹95 Cr	9,500 ↑ 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
JSW Energy Ltd 8.75% 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 8.1% 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 (19 May 25)	₹27.9547 ↑ 0.01 (0.05 %)
Net Assets (Cr)	₹1,899 on 31 Mar 25
Category	Debt - Medium term Bond
AMC	Axis Asset Management Company Limited
Rating	☆☆☆☆
Risk	Moderate
Expense Ratio	1.06
Sharpe Ratio	1.61
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	8.03%
Effective Maturity	5 Years 1 Month 20 Days
Modified Duration	3 Years 5 Months 5 Days

Growth of 10,000 investment over the years.

Date	Value
30 Apr 20	₹10,000
30 Apr 21	₹10,976
30 Apr 22	₹11,459
30 Apr 23	₹12,153
30 Apr 24	₹12,993
30 Apr 25	₹14,309

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 19 May 25

Duration	Returns
1 Month	1.1%
3 Month	3.6%
6 Month	5.6%
1 Year	10.1%
3 Year	8.2%
5 Year	7.4%
10 Year
15 Year
Since launch	8.1%

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	12.49 Yr.
Sachin Jain	1 Feb 23	2.24 Yr.
Akhil Thakker	1 Feb 23	2.24 Yr.

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

Asset Allocation

Asset Class	Value
Cash	3.77%
Equity	0.35%
Debt	95.6%
Other	0.28%

Debt Sector Allocation

Sector	Value
Corporate	55.24%
Government	40.35%
Cash Equivalent	3.77%

Credit Quality

Rating	Value
A	10.85%
AA	42.45%
AAA	46.7%

Top Securities Holdings / Portfolio

Name	Holding	Value	Quantity
7.1% Govt Stock 2034 Sovereign Bonds \| -	17%	₹327 Cr	31,200,000 ↑ 4,100,000
6.79% Govt Stock 2034 Sovereign Bonds \| -	9%	₹175 Cr	17,031,900 ↑ 16,500,000
7.58% LIC Housing Finance Limited (23/03/2035) Debentures \| -	3%	₹61 Cr	6,000
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
Mahanagar Telephone Nigam Limited Debentures \| -	3%	₹50 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 (19 May 25)	₹15.463 ↑ 0.01 (0.06 %)
Net Assets (Cr)	₹99 on 31 Mar 25
Category	Debt - Medium term Bond
AMC	Nippon Life Asset Management Ltd.
Rating	☆☆☆☆
Risk	Moderate
Expense Ratio	1.92
Sharpe Ratio	1.68
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	8.03%
Effective Maturity	4 Years 9 Months 29 Days
Modified Duration	3 Years 5 Months 5 Days

Growth of 10,000 investment over the years.

Date	Value
30 Apr 20	₹10,000
30 Apr 21	₹10,360
30 Apr 22	₹12,096
30 Apr 23	₹12,694
30 Apr 24	₹13,464
30 Apr 25	₹14,802

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 19 May 25

Duration	Returns
1 Month	1%
3 Month	3.5%
6 Month	5.4%
1 Year	9.9%
3 Year	7.5%
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	6.94 Yr.
Sushil Budhia	1 Feb 20	5.25 Yr.
Akshay Sharma	1 Dec 22	2.41 Yr.

Data below for Nippon India Strategic Debt Fund as on 31 Mar 25

Asset Allocation

Asset Class	Value
Cash	20.87%
Debt	78.67%
Other	0.46%

Debt Sector Allocation

Sector	Value
Corporate	45.11%
Government	33.57%
Cash Equivalent	20.87%

Credit Quality

Rating	Value
AA	60.99%
AAA	39.01%

Top Securities Holdings / Portfolio

Name	Holding	Value	Quantity
7.18% Govt Stock 2037 Sovereign Bonds \| -	26%	₹27 Cr	2,500,000
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
Cholamandalam Investment And Finance Company Limited Debentures \| -	3%	₹3 Cr	300

4. Kotak Dynamic Bond Fund

(Erstwhile Kotak Flexi Debt Scheme)

To maximize returns through active management of a portfolio of debt and money market securities.

Kotak Dynamic Bond Fund is a Debt - Medium term Bond fund was launched on 26 May 08. It is a fund with Moderately Low risk and has given a CAGR/Annualized return of 8.2% since its launch. Ranked 23 in Medium term Bond category. Return for 2024 was 9.3% , 2023 was 6.5% and 2022 was 2.5% .

Below is the key information for Kotak Dynamic Bond Fund

Kotak Dynamic Bond Fund Growth
Launch Date	26 May 08
NAV (19 May 25)	₹37.7793 ↓ -0.02 (-0.05 %)
Net Assets (Cr)	₹2,826 on 31 Mar 25
Category	Debt - Medium term Bond
AMC	Kotak Mahindra Asset Management Co Ltd
Rating	☆☆☆
Risk	Moderately Low
Expense Ratio	1.3
Sharpe Ratio	0.51
Information Ratio	0
Alpha Ratio	0
Min Investment	5,000
Min SIP Investment	1,000
Exit Load	NIL
Yield to Maturity	7.1%
Effective Maturity	19 Years 4 Months 6 Days
Modified Duration	8 Years 11 Months 16 Days

Growth of 10,000 investment over the years.

Date	Value
30 Apr 20	₹10,000
30 Apr 21	₹10,854
30 Apr 22	₹11,253
30 Apr 23	₹11,785
30 Apr 24	₹12,559
30 Apr 25	₹13,990

Kotak Dynamic 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 Kotak Dynamic 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 19 May 25

Duration	Returns
1 Month	1.5%
3 Month	4.4%
6 Month	5.7%
1 Year	11%
3 Year	8.2%
5 Year	6.7%
10 Year
15 Year
Since launch	8.2%

Historical performance (Yearly) on absolute basis

Year	Returns
2024	9.3%
2023	6.5%
2022	2.5%
2021	3.2%
2020	11.7%
2019	11.1%
2018	7.3%
2017	5.6%
2016	13.4%
2015	7.5%

Fund Manager information for Kotak Dynamic Bond Fund

Name	Since	Tenure
Deepak Agrawal	25 Nov 12	12.44 Yr.
Abhishek Bisen	1 Nov 22	2.5 Yr.

Data below for Kotak Dynamic Bond Fund as on 31 Mar 25

Asset Allocation

Asset Class	Value
Cash	2.66%
Equity	5.16%
Debt	90.66%
Other	1.53%

Debt Sector Allocation

Sector	Value
Government	72.66%
Corporate	18%
Cash Equivalent	2.66%

Credit Quality

Rating	Value
AA	9.89%
AAA	90.11%

Top Securities Holdings / Portfolio

Name	Holding	Value	Quantity
7.3% Govt Stock 2053 Sovereign Bonds \| -	45%	₹1,262 Cr	119,500,000 ↓ -2,500,000
7.1% Govt Stock 2034 Sovereign Bonds \| -	12%	₹325 Cr	31,109,620
7.18% Govt Stock 2033 Sovereign Bonds \| -	8%	₹231 Cr	22,053,280
Muthoot Finance Limited Debentures \| -	5%	₹153 Cr	15,000
7.25% Govt Stock 2063 Sovereign Bonds \| -	5%	₹147 Cr	14,000,000
HDFC Bank Limited Debentures \| -	3%	₹87 Cr	850
Embassy Office Parks REIT (Real Estate) -, Since 31 May 21 \| 542602	3%	₹82 Cr	2,209,204
TATA Steel Limited Debentures \| -	3%	₹77 Cr	750
HDFC Bank Limited Debentures \| -	3%	₹72 Cr	7,000
HDFC Bank Limited Debentures \| -	2%	₹51 Cr	500

5. Kotak Medium Term Fund

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

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 (19 May 25)	₹22.6777 ↑ 0.01 (0.06 %)
Net Assets (Cr)	₹1,766 on 31 Mar 25
Category	Debt - Medium term Bond
AMC	Kotak Mahindra Asset Management Co Ltd
Rating	☆☆☆
Risk	Moderate
Expense Ratio	1.58
Sharpe Ratio	1.04
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	8.18%
Effective Maturity	5 Years 2 Months 23 Days
Modified Duration	3 Years 6 Months 22 Days

Growth of 10,000 investment over the years.

Date	Value
30 Apr 20	₹10,000
30 Apr 21	₹11,115
30 Apr 22	₹11,666
30 Apr 23	₹12,189
30 Apr 24	₹13,023
30 Apr 25	₹14,303

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 19 May 25

Duration	Returns
1 Month	1.3%
3 Month	3.5%
6 Month	5.1%
1 Year	10.2%
3 Year	7.7%
5 Year	7.2%
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	11.11 Yr.
Sunit garg	1 Nov 22	2.5 Yr.

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

Asset Allocation

Asset Class	Value
Cash	2.42%
Equity	5.61%
Debt	90.42%
Other	1.55%

Debt Sector Allocation

Sector	Value
Corporate	62.05%
Government	28.01%
Cash Equivalent	2.79%

Credit Quality

Rating	Value
A	10.34%
AA	35.32%
AAA	54.33%

Top Securities Holdings / Portfolio

Name	Holding	Value	Quantity
7.1% Govt Stock 2034 Sovereign Bonds \| -	14%	₹274 Cr	26,250,021
7.18% Govt Stock 2033 Sovereign Bonds \| -	9%	₹182 Cr	17,343,470
Bamboo Hotel And Global Centre (Delhi) Private Limited Debentures \| -	5%	₹90 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%	₹56 Cr	1,498,708
Century Textiles And Industries Limited Debentures \| -	3%	₹56 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.