ایف ڈی بمقابلہ ڈیبٹ میوچل فنڈ

Updated on September 26, 2026 , 8760 views

ایف ڈی بمقابلہقرض فنڈ? سوچناکہاں سرمایہ کاری کرنا ہے اچھا منافع کمانے کے لیے آپ کی بچت۔ عام طور پر لوگ غور کرتے ہیں۔سرمایہ کاری فکسڈ ڈپازٹ یا FD میں سب سے آسان آپشن ہے کیونکہ یہ محفوظ ہے اور فکسڈ ریٹرن پیش کرتا ہے۔ لیکن کیا یہ بہترین طریقہ ہے؟ اگرچہ فکسڈ ڈپازٹ سب کے لیے سرمایہ کاری کا ایک آسان آپشن ہے، تاہم، قابل ٹیکس ہونے والے فکسڈ ڈپازٹ کے منافع ڈیبٹ فنڈ کے مقابلے بہت کم ہیں۔ مزید برآں، جب طویل مدت کے لیے منعقد کیا جاتا ہے، قرضباہمی چندہ اچھا منافع پیش کرتے ہیں. ڈیٹ میوچل فنڈز یا فکسڈ ڈپازٹ میں سرمایہ کاری کرنے کا حتمی فیصلہ کرنے سے پہلے، ان سرمایہ کاری کے تفصیلی موازنہ کو دیکھیں۔

خلاصہ:

ڈیبٹ میوچل فنڈز (ڈیبٹ فنڈ) بمقابلہ فکسڈ ڈپازٹس (ایف ڈی)

ہمیں خطرہ مول لینے کی صلاحیت اور اس کے انعقاد کی مطلوبہ مدت کے ذریعے اسے توڑنا ہوگا۔سرمایہ کار سوال میں.

مختصر انعقاد کی مدت (1 سال یا اس سے کم)

یہاں قرض فنڈ کے اختیارات محدود ہوں گے۔مائع فنڈزالٹرامختصر مدت کے فنڈز اور مختصر مدتآمدنی فنڈز اگرچہ ریٹرن یا پیداوار عام طور پر مائع سے الٹرا شارٹ سے شارٹ ٹرم فنڈ تک زیادہ ہوتی ہے، لیکن ان ڈیٹ فنڈز اور فکسڈ ڈپازٹ کے درمیان پیداوار کے فرق کا تعین ان کے پچھلے ایک سال کے ریٹرن کو دیکھتے ہوئے کیا جا سکتا ہے۔

ڈیبٹ میوچل فنڈ (زمرہ اوسط واپسی)

قرض میوچل فنڈ کی قسم	گزشتہ 1 سال واپسی (%)
مائع فنڈ	7.36
الٹرا شارٹ ٹرم ڈیبٹ فنڈز	9.18
قلیل مدتی قرض فنڈز	9.78
ڈائنامک ڈیبٹ فنڈز	13.89
طویل مدتی قرض فنڈز	13.19
گلٹ قلیل مدتی فنڈز	11.76
گلٹ طویل مدتی فنڈز	15.06
20 فروری 2017 تک کا ڈیٹا

فکسڈ ڈپازٹ یا ایف ڈی کی اوسط واپسی کی شرح

فکسڈ ڈپازٹس کی اوسط واپسی کی شرح 8-8.5% p.a کے درمیان ہے۔ سال 2016 میں (تاکہ کوئی بھی ٹیبل میں مذکورہ بالا منافع کا موازنہ کر سکے)۔ تاہم، پچھلے ایک سال میں، واپسی کی شرح 6.6-7.5% p.a تک گر گئی ہے۔

مندرجہ بالا مثال کے ساتھ، یہ واضح ہے کہ ڈیبٹ فنڈز کی واپسی کی اوسط شرح فکسڈ ڈپازٹس سے بہتر ہے۔

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طویل مدتی انعقاد کی مدت

طویل مدتی انعقاد کے ساتھ، قرض فنڈز FDs سے بہتر ثابت ہو سکتے ہیں۔

یہاں سرمایہ کاری کے اختیارات یہ ہوں گے:

طویل مدتی آمدنی کے فنڈز
طویل مدتی گلٹ،
کارپوریٹبانڈ فنڈز (زیادہ پیداوار کے فنڈز)، اوپر بیان کردہ مائع کے اختیارات کے علاوہ، الٹرا شارٹ اور شارٹ ٹرم فنڈز بھی استعمال کیے جا سکتے ہیں۔

یہ دیکھتے ہوئے کہ انعقاد کی مدت 3 سال یا اس سے زیادہ ہوسکتی ہے، ہم درج ذیل کہہ سکتے ہیں:

کے ساتھسرمایہ اشاریہ سازی کے فوائد کے ساتھ 20% پر ٹیکس حاصل کرتا ہے، خالص ٹیکس کے واقعات کم سے کم ہوں گے (تاہم کسی کو ٹیکس کے واقعات کا حساب لگانا چاہیے ٹیکس کے سال کے حساب سے)
طویل مدتی آمدنی کے فنڈز/گلٹ فنڈز اعلی پیداوار کے ساتھ اور اس کے علاوہ، اگر سود کی شرحیں نیچے جائیں تو بہت زیادہ منافع ملے گا۔
کوئی بھی ان قرض فنڈز کے ساتھ اعلی دوہرے ہندسے کی واپسی کے ساتھ ختم ہوسکتا ہے۔

لانگ ٹرم انکم فنڈز پر ریٹرن کی ذیل کی مثال لیں، زمرہ کے لیے اوسط آخری 1 سال کا منافع 12.19% ہے اور پچھلے 3 سالوں میں 10.32% p.a. اس مدت میں کوئی بھی ایف ڈی اس جیسی واپسی نہیں دے سکتا تھا۔ گلٹ فنڈ کے منافع اور بھی زیادہ ہیں۔ اسی مدت میں، پچھلے سال FD کی شرح زیادہ تر بینکوں میں 8-8.5% سالانہ کے قریب ہوتی، (اگرچہ آج شرحیں مزید گر کر 6.5 - 7.5% ہو گئی ہیں)

لہذا ایک سرمایہ کار کے ساتھ طویل مدتی ہولڈنگ اور سود کی شرحیں گرنے کے ساتھ، ایک قرض فنڈ (طویل مدتی آمدنی یا گلٹ) FD کے مقابلے میں زیادہ بہتر منافع دے گا۔ یہاں تک کہ شرح سود میں کمی نہ ہونے کی صورت میں بھی، زیادہ پیداوار والے کارپوریٹ بانڈ فنڈز اسی مدت میں ایف ڈی کو مات دے گا۔

قرض میوچل فنڈز اور فکسڈ ڈپازٹس پر ٹیکس

ٹیکسیشن ڈیٹ فنڈز اور فکسڈ ڈپازٹس کے ریٹرن کا تعین کرنے میں بھی اہم کردار ادا کرتا ہے۔ عام طور پر، فکسڈ ڈپازٹس پر ٹیکس 33% (ٹیکس کی معمولی شرح) ہے جب کہ ڈیبٹ فنڈز پر اگر کوئی 3 سال سے کم نظریہ کے ساتھ سرمایہ کاری کرتا ہے تو ڈی ڈی ٹی (ڈیویڈنڈ ڈسٹری بیوشن ٹیکس) کاٹنا بہتر آپشن ہوگا۔ تقریباً 25% پر (+سرچارج وغیرہ)۔ اس سے ظاہر ہوتا ہے کہ ڈیٹ میوچل فنڈز پر ٹیکس فکسڈ ڈپازٹ کے مقابلے نسبتاً کم ہے۔

قرض فنڈز کے ساتھ آنے والے اضافی فوائد یہ ہیں:

لیکویڈیٹی: رقم 1-2 دنوں کے اندر دستیاب ہو گی۔رہائی
پیشہ ورانہ انتظام: حکمت عملی کو متحرک طور پر تبدیل کرنے اور بازاروں سے فائدہ اٹھانے کی صلاحیت
قبل از وقت واپسی کا کوئی جرمانہ نہیں۔

خلاصہ:

پیرامیٹرز	باہمی چندہ	فکسڈ ڈپازٹس
واپسی کی شرح	کوئی یقینی واپسی نہیں۔	فکسڈ ریٹرن
مہنگائی ایڈجسٹ ریٹرن	اعلی افراط زر کی ایڈجسٹ شدہ واپسیوں کا امکان	عام طور پر کم افراط زر کی ایڈجسٹ شدہ واپسی
خطرہ	کم سے زیادہ خطرہ (فنڈ پر منحصر ہے۔	کم خطرہ
لیکویڈیٹی	مائع	مائع
قبل از وقت واپسی	ایگزٹ لوڈ/نو لوڈ کے ساتھ اجازت ہے۔	جرمانے کے ساتھ اجازت ہے۔
سرمایہ کاری کی لاگت	انتظامی لاگت/خرچ کا تناسب	کوی قیمت نہیں

سرفہرست 8 بہترین کارکردگی والے قرض فنڈز 2022

مندرجہ بالا خالص اثاثوں/اے یو ایم والے قرض فنڈز کی فہرست ذیل میں ہے۔1000 کروڑ اور 3 سال کے مرکب پر ترتیب دیا گیا (سی اے جی آر) واپسی

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 (₹1,600 Cr).
Established history (11+ yrs).
Not Rated.
Risk profile: Moderate.
1Y return: 11.36% (top quartile).
1M return: 0.23% (top quartile).
Sharpe: 1.89 (top quartile).
Information ratio: 0.00 (top quartile).
Yield to maturity (debt): 8.03% (bottom quartile).
Modified duration: 1.96 yrs (top quartile).
Average maturity: 2.63 yrs (top quartile).
Exit load: 0-365 Days (1%),365 Days and above(NIL).
Top sector: Real Estate.
Top bond sector: Corporate.
Debt-heavy allocation (~82%).
High-quality debt (AAA/AA ~90%).
Largest holding SK Finance Limited (~5.6%).

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 (28 Sep 26)	₹25.4263 ↓ -0.01 (-0.05 %)
Net Assets (Cr)	₹1,600 on 31 Aug 26
Category	Debt - Credit Risk
AMC	Birla Sun Life Asset Management Co Ltd
Rating	Not Rated
Risk	Moderate
Expense Ratio	1.59
Sharpe Ratio	1.89
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	8.03%
Effective Maturity	2 Years 7 Months 17 Days
Modified Duration	1 Year 11 Months 16 Days

Growth of 10,000 investment over the years.

Date	Value
31 Aug 21	₹10,000
31 Aug 22	₹10,664
31 Aug 23	₹11,379
31 Aug 24	₹12,336
31 Aug 25	₹14,323
31 Aug 26	₹16,064

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 28 Sep 26

Duration	Returns
1 Month	0.2%
3 Month	1.6%
6 Month	4.7%
1 Year	11.4%
3 Year	12.1%
5 Year	9.9%
10 Year
15 Year
Since launch	8.5%

Historical performance (Yearly) on absolute basis

Year	Returns
2025	13.4%
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%

Fund Manager information for Aditya Birla Sun Life Credit Risk Fund

Name	Since	Tenure
Sunaina Cunha	17 Apr 15	11.38 Yr.
Mohit Sharma	6 Aug 20	6.07 Yr.

Data below for Aditya Birla Sun Life Credit Risk Fund as on 31 Aug 26

Asset Allocation

Asset Class	Value
Cash	9.62%
Equity	7.54%
Debt	82.48%
Other	0.37%

Debt Sector Allocation

Sector	Value
Corporate	73.65%
Cash Equivalent	9.62%
Government	8.83%

Credit Quality

Rating	Value
A	9.58%
AA	61.16%
AAA	29.26%

Top Securities Holdings / Portfolio

Name	Holding	Value	Quantity
SK Finance Limited Debentures \| -	6%	₹91 Cr	9,300 ↑ 2,800
Eris Lifesciences Limited Debentures \| -	5%	₹74 Cr	7,400
Jubilant Bevco Limited Debentures \| -	4%	₹73 Cr	6,500
Jtpm Metal TRaders Limited Debentures \| -	4%	₹63 Cr	5,877 ↑ 500
Adani Airport Holdings Limited Debentures \| -	4%	₹59 Cr	6,000
GMR Airports Limited Debentures \| -	3%	₹55 Cr	5,200
Rec Limited Debentures \| -	3%	₹50 Cr	5,000
Small Industries Development Bank Of India Debentures \| -	3%	₹49 Cr	5,000
Tata Capital Housing Finance Limited Debentures \| -	3%	₹44 Cr	4,467
Hinduja Leyland Finance Limited Debentures \| -	2%	₹35 Cr	3,500

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 (₹3,319 Cr).
Established history (17+ yrs).
Top rated.
Risk profile: Moderate.
1Y return: 7.90% (top quartile).
1M return: -0.01% (lower mid).
Sharpe: 1.28 (upper mid).
Information ratio: 0.00 (top quartile).
Yield to maturity (debt): 8.09% (bottom quartile).
Modified duration: 2.95 yrs (lower mid).
Average maturity: 4.36 yrs (lower mid).
Exit load: 0-365 Days (1%),365 Days and above(NIL).
Top sector: Real Estate.
Top bond sector: Corporate.
Debt-heavy allocation (~85%).
High-quality debt (AAA/AA ~90%).
Largest holding 6.94% Govt Stock 2036 (~10.9%).

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 (28 Sep 26)	₹43.7283 ↓ -0.04 (-0.09 %)
Net Assets (Cr)	₹3,319 on 31 Aug 26
Category	Debt - Medium term Bond
AMC	Birla Sun Life Asset Management Co Ltd
Rating	☆☆☆☆
Risk	Moderate
Expense Ratio	1.55
Sharpe Ratio	1.28
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	8.09%
Effective Maturity	4 Years 4 Months 10 Days
Modified Duration	2 Years 11 Months 12 Days

Growth of 10,000 investment over the years.

Date	Value
31 Aug 21	₹10,000
31 Aug 22	₹12,410
31 Aug 23	₹13,277
31 Aug 24	₹14,340
31 Aug 25	₹16,161
31 Aug 26	₹17,576

Aditya Birla Sun Life Medium Term Plan SIP Returns

Total investment amount is ₹180,000
expected amount after 3 Years is ₹215,396.
Net Profit of ₹35,396 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 28 Sep 26

Duration	Returns
1 Month	0%
3 Month	0.9%
6 Month	3.9%
1 Year	7.9%
3 Year	9.7%
5 Year	11.8%
10 Year
15 Year
Since launch	8.8%

Historical performance (Yearly) on absolute basis

Year	Returns
2025	10.9%
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%

Fund Manager information for Aditya Birla Sun Life Medium Term Plan

Name	Since	Tenure
Sunaina Cunha	1 Sep 14	12.01 Yr.
Mohit Sharma	6 Aug 20	6.07 Yr.

Data below for Aditya Birla Sun Life Medium Term Plan as on 31 Aug 26

Asset Allocation

Asset Class	Value
Cash	10.93%
Equity	4.07%
Debt	84.77%
Other	0.23%

Debt Sector Allocation

Sector	Value
Corporate	55.76%
Government	29.01%
Cash Equivalent	10.93%

Credit Quality

Rating	Value
A	9.91%
AA	40.96%
AAA	49.13%

Top Securities Holdings / Portfolio

Name	Holding	Value	Quantity
6.94% Govt Stock 2036 Sovereign Bonds \| -	11%	₹366 Cr	37,000,000 ↓ -6,000,000
Bajaj Housing Finance Limited Debentures \| -	4%	₹125 Cr	12,500 ↓ -2,500
National Bank For Agriculture And Rural Development Debentures \| -	4%	₹124 Cr	12,500 ↑ 12,500
National Bank For Agriculture And Rural Development Debentures \| -	3%	₹113 Cr	11,500
Hinduja Leyland Finance Limited Debentures \| -	3%	₹109 Cr	11,000
Cholamandalam Investment And Finance Company Limited Debentures \| -	3%	₹103 Cr	10,500
Oxyzo Financial Services Limited Debentures \| -	3%	₹89 Cr	9,000
GMR Airports Limited Debentures \| -	3%	₹85 Cr	8,000
Jubilant Bevco Limited Debentures \| -	2%	₹83 Cr	7,400
Jtpm Metal TRaders Limited Debentures \| -	2%	₹83 Cr	7,673

3. 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

Highest AUM (₹6,333 Cr).
Established history (15+ yrs).
Rating: 1★ (bottom quartile).
Risk profile: Moderate.
1Y return: 7.21% (upper mid).
1M return: 0.10% (upper mid).
Sharpe: 1.52 (top quartile).
Information ratio: 0.00 (upper mid).
Yield to maturity (debt): 8.53% (upper mid).
Modified duration: 1.82 yrs (top quartile).
Average maturity: 2.68 yrs (upper mid).
Exit load: 0-1 Years (1%),1 Years and above(NIL).
Top sector: Real Estate.
Top bond sector: Corporate.
Debt-heavy allocation (~89%).
High-quality debt (AAA/AA ~92%).
Largest holding Jtpm Metal TRaders Limited (~4.3%).

Below is the key information for ICICI Prudential Regular Savings Fund

ICICI Prudential Regular Savings Fund Growth
Launch Date	3 Dec 10
NAV (28 Sep 26)	₹34.8262 ↓ -0.02 (-0.06 %)
Net Assets (Cr)	₹6,333 on 31 Aug 26
Category	Debt - Credit Risk
AMC	ICICI Prudential Asset Management Company Limited
Rating	☆
Risk	Moderate
Expense Ratio	1.43
Sharpe Ratio	1.52
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	8.53%
Effective Maturity	2 Years 8 Months 5 Days
Modified Duration	1 Year 9 Months 25 Days

Growth of 10,000 investment over the years.

Date	Value
31 Aug 21	₹10,000
31 Aug 22	₹10,481
31 Aug 23	₹11,164
31 Aug 24	₹12,125
31 Aug 25	₹13,164
31 Aug 26	₹14,238

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 28 Sep 26

Duration	Returns
1 Month	0.1%
3 Month	1.5%
6 Month	4.1%
1 Year	7.2%
3 Year	8.3%
5 Year	7.3%
10 Year
15 Year
Since launch	8.2%

Historical performance (Yearly) on absolute basis

Year	Returns
2025	9.5%
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%

Fund Manager information for ICICI Prudential Regular Savings Fund

Name	Since	Tenure
Manish Banthia	7 Nov 16	9.82 Yr.
Akhil Kakkar	22 Jan 24	2.61 Yr.

Data below for ICICI Prudential Regular Savings Fund as on 31 Aug 26

Asset Allocation

Asset Class	Value
Cash	1.22%
Equity	9.41%
Debt	89%
Other	0.37%

Debt Sector Allocation

Sector	Value
Corporate	67.04%
Government	21.96%
Cash Equivalent	1.22%

Credit Quality

Rating	Value
A	8.28%
AA	69.72%
AAA	22%

Top Securities Holdings / Portfolio

Name	Holding	Value	Quantity
Jtpm Metal TRaders Limited Debentures \| -	4%	₹275 Cr	25,500 ↑ 2,500
Embassy Office Parks REIT (Real Estate) -, Since 30 Apr 25 \| 542602	3%	₹211 Cr	4,792,431 ↓ -1,321
Vedanta Aluminium Metal Limited Debentures \| -	3%	₹201 Cr	20,000
Adani Enterprises Limited Debentures \| -	3%	₹200 Cr	20,000
TRuhome Finance Limited Debentures \| -	3%	₹197 Cr	20,000
Bamboo Hotel And Global Centre (Delhi) Private Limited Debentures \| -	3%	₹186 Cr	18,500
Adani Power Limited Debentures \| -	3%	₹175 Cr	17,500
Nirma Limited Debentures \| -	2%	₹150 Cr	15,000
Aavas Financiers Limited Debentures \| -	2%	₹149 Cr	15,000
Hiranandani Financial Services Private Limited Debentures \| -	2%	₹149 Cr	15,000

4. 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 (₹1,574 Cr).
Established history (21+ yrs).
Rating: 2★ (lower mid).
Risk profile: Moderate.
1Y return: 6.81% (lower mid).
1M return: 0.31% (top quartile).
Sharpe: 0.99 (lower mid).
Information ratio: 0.00 (upper mid).
Yield to maturity (debt): 8.66% (top quartile).
Modified duration: 1.99 yrs (upper mid).
Average maturity: 2.37 yrs (top quartile).
Exit load: 0-12 Months (1%),12 Months and above(NIL).
Top bond sector: Corporate.
Debt-heavy allocation (~88%).
High-quality debt (AAA/AA ~81%).
Largest holding Triumph Composites Private Limited (~4.7%).

Below is the key information for Nippon India Credit Risk Fund

Nippon India Credit Risk Fund Growth
Launch Date	8 Jun 05
NAV (28 Sep 26)	₹38.1268 ↓ 0.00 (0.00 %)
Net Assets (Cr)	₹1,574 on 31 Aug 26
Category	Debt - Credit Risk
AMC	Nippon Life Asset Management Ltd.
Rating	☆☆
Risk	Moderate
Expense Ratio	1.46
Sharpe Ratio	0.99
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	8.66%
Effective Maturity	2 Years 4 Months 13 Days
Modified Duration	1 Year 11 Months 26 Days

Growth of 10,000 investment over the years.

Date	Value
31 Aug 21	₹10,000
31 Aug 22	₹10,395
31 Aug 23	₹11,165
31 Aug 24	₹12,035
31 Aug 25	₹13,156
31 Aug 26	₹14,098

Nippon India Credit Risk 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 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 28 Sep 26

Duration	Returns
1 Month	0.3%
3 Month	1.2%
6 Month	3.8%
1 Year	6.8%
3 Year	8%
5 Year	7.1%
10 Year
15 Year
Since launch	6.5%

Historical performance (Yearly) on absolute basis

Year	Returns
2025	8.9%
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%

Fund Manager information for Nippon India Credit Risk Fund

Name	Since	Tenure
Kinjal Desai	25 May 18	8.28 Yr.
Sushil Budhia	1 Feb 20	6.59 Yr.
Amber Singhania	11 Mar 26	0.48 Yr.

Data below for Nippon India Credit Risk Fund as on 31 Aug 26

Asset Allocation

Asset Class	Value
Cash	12.2%
Debt	87.55%
Other	0.25%

Debt Sector Allocation

Sector	Value
Corporate	69.47%
Government	19.93%
Cash Equivalent	7.37%
Securitized	2.98%

Credit Quality

Rating	Value
A	18.79%
AA	43.68%
AAA	37.53%

Top Securities Holdings / Portfolio

Name	Holding	Value	Quantity
Triumph Composites Private Limited Debentures \| -	5%	₹80 Cr	8,000 ↑ 500
Prospera Healthcorp Private Limited Debentures \| -	4%	₹65 Cr	6,500 ↑ 6,500
National Bank For Agriculture And Rural Development Debentures \| -	3%	₹55 Cr	5,500
Adani Airport Holdings Limited Debentures \| -	3%	₹54 Cr	5,500
Delhi International Airport Limited Debentures \| -	3%	₹51 Cr	5,000
Samriddhi Trust** Unlisted bonds \| -	3%	₹51 Cr	39 ↑ 39
6.36% Govt Stock 2031 Sovereign Bonds \| -	3%	₹49 Cr	5,000,000 ↑ 5,000,000
National Bank For Agriculture And Rural Development Debentures \| -	3%	₹49 Cr	5,000
HDFC Bank Ltd. Debentures \| -	3%	₹49 Cr	1,000
Muthoot Fincorp Limited Debentures \| -	3%	₹45 Cr	45,000

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

Research Highlights for Kotak Medium Term Fund

Lower mid AUM (₹1,926 Cr).
Established history (12+ yrs).
Rating: 3★ (upper mid).
Risk profile: Moderate.
1Y return: 5.62% (bottom quartile).
1M return: -0.09% (lower mid).
Sharpe: 0.48 (bottom quartile).
Information ratio: 0.00 (lower mid).
Yield to maturity (debt): 8.37% (upper mid).
Modified duration: 2.99 yrs (lower mid).
Average maturity: 5.55 yrs (bottom quartile).
Exit load: 0-18 Months (2%),18 Months and above(NIL).
Top sector: Real Estate.
Top bond sector: Corporate.
Debt-heavy allocation (~85%).
High-quality debt (AAA/AA ~92%).
Largest holding Jtpm Metal TRaders Limited (~5.6%).

Below is the key information for Kotak Medium Term Fund

Kotak Medium Term Fund Growth
Launch Date	25 Mar 14
NAV (28 Sep 26)	₹24.473 ↓ -0.02 (-0.09 %)
Net Assets (Cr)	₹1,926 on 31 Aug 26
Category	Debt - Medium term Bond
AMC	Kotak Mahindra Asset Management Co Ltd
Rating	☆☆☆
Risk	Moderate
Expense Ratio	1.63
Sharpe Ratio	0.48
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	8.37%
Effective Maturity	5 Years 6 Months 18 Days
Modified Duration	2 Years 11 Months 26 Days

Growth of 10,000 investment over the years.

Date	Value
31 Aug 21	₹10,000
31 Aug 22	₹10,312
31 Aug 23	₹10,835
31 Aug 24	₹11,790
31 Aug 25	₹12,765
31 Aug 26	₹13,636

Kotak Medium Term 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 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 28 Sep 26

Duration	Returns
1 Month	-0.1%
3 Month	1%
6 Month	3.4%
1 Year	5.6%
3 Year	7.8%
5 Year	6.3%
10 Year
15 Year
Since launch	7.4%

Historical performance (Yearly) on absolute basis

Year	Returns
2025	8.9%
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%

Fund Manager information for Kotak Medium Term Fund

Name	Since	Tenure
Deepak Agrawal	25 Mar 14	12.45 Yr.
Vihag Mishra	1 Jun 25	1.25 Yr.

Data below for Kotak Medium Term Fund as on 31 Aug 26

Asset Allocation

Asset Class	Value
Cash	5.24%
Equity	9.76%
Debt	84.69%
Other	0.31%

Debt Sector Allocation

Sector	Value
Corporate	74.51%
Government	10.19%
Cash Equivalent	5.24%

Credit Quality

Rating	Value
A	8.22%
AA	57.11%
AAA	34.66%

Top Securities Holdings / Portfolio

Name	Holding	Value	Quantity
Jtpm Metal TRaders Limited Debentures \| -	6%	₹108 Cr	10,000
L&T Metro Rail (Hyderabad) Limited Debentures \| -	5%	₹97 Cr	10,000
Bamboo Hotel And Global Centre (Delhi) Private Limited Debentures \| -	5%	₹90 Cr	9,000
Adani Power Limited Debentures \| -	5%	₹90 Cr	9,000
Embassy Office Parks REIT (Real Estate) -, Since 31 May 21 \| 542602	4%	₹79 Cr	1,788,346
360 One Prime Limited Debentures \| -	4%	₹75 Cr	7,500
Mas Financial Services Limited Debentures \| -	4%	₹74 Cr	7,500
TATA Steel Limited Debentures \| -	4%	₹74 Cr	750
Aditya Birla Renewables Limited Debentures \| -	3%	₹60 Cr	6,000
Aditya Birla Real Estate Limited Debentures \| -	3%	₹55 Cr	5,500

6. 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

Upper mid AUM (₹2,186 Cr).
Oldest track record among peers (22 yrs).
Rating: 4★ (top quartile).
Risk profile: Moderate.
1Y return: 7.18% (upper mid).
1M return: 0.05% (upper mid).
Sharpe: 1.34 (upper mid).
Information ratio: 0.00 (lower mid).
Yield to maturity (debt): 8.55% (top quartile).
Modified duration: 2.13 yrs (upper mid).
Average maturity: 2.80 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 (~82%).
High-quality debt (AAA/AA ~89%).
Largest holding H.G. Infra Engineering Limited (~4.6%).

Below is the key information for SBI Credit Risk Fund

SBI Credit Risk Fund Growth
Launch Date	19 Jul 04
NAV (28 Sep 26)	₹49.7185 ↓ -0.04 (-0.09 %)
Net Assets (Cr)	₹2,186 on 31 Aug 26
Category	Debt - Credit Risk
AMC	SBI Funds Management Private Limited
Rating	☆☆☆☆
Risk	Moderate
Expense Ratio	1.55
Sharpe Ratio	1.34
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	8.55%
Effective Maturity	2 Years 9 Months 18 Days
Modified Duration	2 Years 1 Month 17 Days

Growth of 10,000 investment over the years.

Date	Value
31 Aug 21	₹10,000
31 Aug 22	₹10,363
31 Aug 23	₹11,188
31 Aug 24	₹12,056
31 Aug 25	₹13,038
31 Aug 26	₹14,058

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 28 Sep 26

Duration	Returns
1 Month	0.1%
3 Month	1.6%
6 Month	4.3%
1 Year	7.2%
3 Year	7.8%
5 Year	7%
10 Year
15 Year
Since launch	7.5%

Historical performance (Yearly) on absolute basis

Year	Returns
2025	7.9%
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%

Fund Manager information for SBI Credit Risk Fund

Name	Since	Tenure
Lokesh Mallya	1 Feb 17	9.59 Yr.
Prashanth Sridhar	1 Jul 26	0.17 Yr.

Data below for SBI Credit Risk Fund as on 31 Aug 26

Asset Allocation

Asset Class	Value
Cash	8.12%
Equity	6.04%
Debt	82.28%
Other	3.57%

Debt Sector Allocation

Sector	Value
Corporate	71.19%
Government	11.08%
Cash Equivalent	8.12%

Credit Quality

Rating	Value
A	11.07%
AA	67.56%
AAA	21.37%

Top Securities Holdings / Portfolio

Name	Holding	Value	Quantity
H.G. Infra Engineering Limited Debentures \| -	5%	₹102 Cr	10,000
Renew Solar Energy (Jharkhand Five) Private Limited Debentures \| -	5%	₹100 Cr	11,000
Nj Capital Private Limited Debentures \| -	5%	₹99 Cr	10,000
TATA Projects Limited Debentures \| -	5%	₹99 Cr	10,000
Jtpm Metal TRaders Limited Debentures \| -	4%	₹97 Cr	9,000
Lodha Developers Limited Debentures \| -	4%	₹86 Cr	10,000
Renserv Global Private Limited Debentures \| -	4%	₹80 Cr	8,000
Jsw Jfe Kalinga Steel Limited Debentures \| -	4%	₹78 Cr	7,500
Aditya Birla Renewables Limited Debentures \| -	3%	₹75 Cr	7,500
Motilal Oswal Home Finance Limited Debentures \| -	3%	₹75 Cr	7,500

7. ICICI Prudential Medium Term Bond Fund

(Erstwhile ICICI Prudential Corporate 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.

Research Highlights for ICICI Prudential Medium Term Bond Fund

Top quartile AUM (₹5,419 Cr).
Established history (22+ yrs).
Rating: 2★ (lower mid).
Risk profile: Moderate.
1Y return: 6.28% (lower mid).
1M return: -0.10% (bottom quartile).
Sharpe: 0.84 (lower mid).
Information ratio: 0.00 (bottom quartile).
Yield to maturity (debt): 8.29% (lower mid).
Modified duration: 3.03 yrs (bottom quartile).
Average maturity: 5.83 yrs (bottom quartile).
Exit load: 0-1 Years (1%),1 Years and above(NIL).
Top sector: Real Estate.
Top bond sector: Corporate.
Debt-heavy allocation (~89%).
High-quality debt (AAA/AA ~100%).
Largest holding Embassy Office Parks REIT (~3.7%).

Below is the key information for ICICI Prudential Medium Term Bond Fund

ICICI Prudential Medium Term Bond Fund Growth
Launch Date	15 Sep 04
NAV (28 Sep 26)	₹48.5251 ↓ -0.04 (-0.09 %)
Net Assets (Cr)	₹5,419 on 31 Aug 26
Category	Debt - Medium term Bond
AMC	ICICI Prudential Asset Management Company Limited
Rating	☆☆
Risk	Moderate
Expense Ratio	1.37
Sharpe Ratio	0.84
Information Ratio	0
Alpha Ratio	0
Min Investment	5,000
Min SIP Investment	1,000
Exit Load	0-1 Years (1%),1 Years and above(NIL)
Yield to Maturity	8.29%
Effective Maturity	5 Years 9 Months 29 Days
Modified Duration	3 Years 11 Days

Growth of 10,000 investment over the years.

Date	Value
31 Aug 21	₹10,000
31 Aug 22	₹10,378
31 Aug 23	₹11,063
31 Aug 24	₹11,900
31 Aug 25	₹12,907
31 Aug 26	₹13,862

ICICI Prudential Medium Term 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 ICICI Prudential Medium Term 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 28 Sep 26

Duration	Returns
1 Month	-0.1%
3 Month	1%
6 Month	3.8%
1 Year	6.3%
3 Year	7.6%
5 Year	6.6%
10 Year
15 Year
Since launch	7.4%

Historical performance (Yearly) on absolute basis

Year	Returns
2025	9%
2024	8%
2023	7%
2022	4.2%
2021	5.5%
2020	10.4%
2019	9.2%
2018	5.1%
2017	6.5%
2016	10.2%

Fund Manager information for ICICI Prudential Medium Term Bond Fund

Name	Since	Tenure
Manish Banthia	7 Nov 16	9.82 Yr.
Akhil Kakkar	22 Jan 24	2.61 Yr.

Data below for ICICI Prudential Medium Term Bond Fund as on 31 Aug 26

Asset Allocation

Asset Class	Value
Cash	1.26%
Equity	9.36%
Debt	89.02%
Other	0.36%

Debt Sector Allocation

Sector	Value
Corporate	65.71%
Government	23.31%
Cash Equivalent	1.26%

Credit Quality

Rating	Value
AA	68.75%
AAA	31.25%

Top Securities Holdings / Portfolio

Name	Holding	Value	Quantity
Embassy Office Parks REIT (Real Estate) -, Since 30 Apr 25 \| 542602	4%	₹197 Cr	4,474,126 ↓ -1,320
Adani Enterprises Limited Debentures \| -	3%	₹175 Cr	17,500
Vedanta Aluminium Metal Limited Debentures \| -	3%	₹171 Cr	17,000
6.9% Govt Stock 2065 Sovereign Bonds \| -	3%	₹170 Cr	18,979,000
Jtpm Metal TRaders Limited Debentures \| -	3%	₹162 Cr	15,000
TATA Projects Limited Debentures \| -	3%	₹150 Cr	15,000
Oberoi Realty Limited Debentures \| -	3%	₹149 Cr	15,000
SIDDHIVINAYAK SECURITISATION TRUST Unlisted bonds \| -	3%	₹149 Cr	150
7.34% Govt Stock 2064 Sovereign Bonds \| -	3%	₹141 Cr	14,822,500
Adani Power Limited Debentures \| -	2%	₹125 Cr	12,500

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 (₹2,112 Cr).
Established history (14+ yrs).
Rating: 4★ (upper mid).
Risk profile: Moderate.
1Y return: 5.67% (bottom quartile).
1M return: -0.14% (bottom quartile).
Sharpe: 0.46 (bottom quartile).
Information ratio: 0.00 (bottom quartile).
Yield to maturity (debt): 8.18% (lower mid).
Modified duration: 3.25 yrs (bottom quartile).
Average maturity: 4.67 yrs (lower mid).
Exit load: 0-12 Months (1%),12 Months and above(NIL).
Top sector: Financial Services.
Top bond sector: Corporate.
Debt-heavy allocation (~94%).
High-quality debt (AAA/AA ~92%).
Largest holding 6.94% Govt Stock 2036 (~8.4%).

Below is the key information for Axis Strategic Bond Fund

Axis Strategic Bond Fund Growth
Launch Date	28 Mar 12
NAV (28 Sep 26)	₹30.0669 ↓ -0.03 (-0.10 %)
Net Assets (Cr)	₹2,112 on 31 Aug 26
Category	Debt - Medium term Bond
AMC	Axis Asset Management Company Limited
Rating	☆☆☆☆
Risk	Moderate
Expense Ratio	1.32
Sharpe Ratio	0.46
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	8.18%
Effective Maturity	4 Years 8 Months 1 Day
Modified Duration	3 Years 3 Months

Growth of 10,000 investment over the years.

Date	Value
31 Aug 21	₹10,000
31 Aug 22	₹10,372
31 Aug 23	₹11,057
31 Aug 24	₹11,960
31 Aug 25	₹12,969
31 Aug 26	₹13,818

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 28 Sep 26

Duration	Returns
1 Month	-0.1%
3 Month	0.7%
6 Month	3.4%
1 Year	5.7%
3 Year	7.5%
5 Year	6.5%
10 Year
15 Year
Since launch	7.9%

Historical performance (Yearly) on absolute basis

Year	Returns
2025	8.2%
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%

Fund Manager information for Axis Strategic Bond Fund

Name	Since	Tenure
Devang Shah	5 Nov 12	13.83 Yr.
Sachin Jain	1 Feb 23	3.58 Yr.
Akhil Thakker	1 Feb 23	3.58 Yr.

Data below for Axis Strategic Bond Fund as on 31 Aug 26

Asset Allocation

Asset Class	Value
Cash	2.55%
Equity	3.48%
Debt	93.67%
Other	0.3%

Debt Sector Allocation

Sector	Value
Corporate	71.52%
Government	22.15%
Cash Equivalent	2.55%

Credit Quality

Rating	Value
A	7.59%
AA	55.74%
AAA	36.67%

Top Securities Holdings / Portfolio

Name	Holding	Value	Quantity
6.94% Govt Stock 2036 Sovereign Bonds \| -	8%	₹176 Cr	17,750,000 ↓ -5,500,000
Jubilant Beverages Limited Debentures \| -	3%	₹73 Cr	6,500
GMR Hyderabad International Airport Ltd Debentures \| -	3%	₹66 Cr	6,500
Tamilnadu State Development Loans Sovereign Bonds \| -	3%	₹62 Cr	6,358,600
Jubilant Bevco Limited Debentures \| -	3%	₹62 Cr	5,500
Vedanta Aluminium Metal Limited Debentures \| -	3%	₹60 Cr	6,000
Adani Power Limited Debentures \| -	3%	₹60 Cr	6,000
Delhi International Airport Limited Debentures \| -	3%	₹56 Cr	5,500
Aditya Birla Digital Fashion Ventures Limited Debentures \| -	3%	₹55 Cr	5,500
Hiranandani Financial Services Private Limited Debentures \| -	2%	₹52 Cr	5,200

Disclaimer:
یہاں فراہم کردہ معلومات کے درست ہونے کو یقینی بنانے کے لیے تمام کوششیں کی گئی ہیں۔ تاہم، ڈیٹا کی درستگی کے حوالے سے کوئی ضمانت نہیں دی جاتی ہے۔ براہ کرم کوئی بھی سرمایہ کاری کرنے سے پہلے اسکیم کی معلومات کے دستاویز کے ساتھ تصدیق کریں۔