Table of Contents
Best Bond Mutual Funds 2025
Bond Mutual Funds offer higher returns than Bank accounts and are highly liquid in nature, which means that investors can redeem their investment at any point of time. Some of the best major benefits of investing in Bond Funds are low-cost structure, relatively higher returns, high liquidity and reasonable safety.
Bond Funds also known as Debt fund. It’s a type of Mutual Fund scheme that invests in fixed Income instruments such as government & corporate Bonds, money market instruments, corporate debt securities, etc., that offer Capital appreciation. Bond Funds are an ideal investment for average risk-averse investors who are looking for stable & regular income. These funds are less volatile and hence are less risky than Equity Funds. Moreover, Bond Funds can be a better alternative to a bank Fixed Deposit.
Following are the best Bond Funds as per the category ranking that can help you achieve your Financial goals and can help you earn better returns.
Difference Between Bond & Bond Mutual Fund
Bonds
They are debt obligations issued by entities, such as corporations or governments. So, when an investor is buying bond, he is lending money to the entity for a defined tenure. In return, you get interest until the end of the tenure.
Bond Funds
They are mutual funds or exchange-trade funds (ETFs) that invest in a Portfolio bonds. Ideally, bond funds are comprised of a certain type of bond, such as corporate or government. They are further defined by maturity, such as given below.
Why to Invest in Bond Mutual Funds?
Some of the important benefits of these funds are:
- Bond Funds are a good option for earning regular income. For instance, choosing dividend payout can be an option for regular income.
- It is a good option to plan short financial goals. In a shorter duration, these funds ensure safety returns and as highly liquid as well.
- In Bond Funds, you can withdraw/redeem even partial money from your investment at any point and can let the remaining money stay invested.
- As, Bond Funds majorly invest in government securities they are not affected by the Volatility of the equity Market. Hence, it’s an optimal investment avenue for those who are risk-averse.
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Bond Funds to Invest for < 1 year
Fund NAV Net Assets (Cr) 3 MO (%) 6 MO (%) 1 YR (%) 3 YR (%) 2023 (%) Debt Yield (YTM) Mod. Duration Eff. Maturity Aditya Birla Sun Life Savings Fund Growth ₹540.322
↑ 0.27 ₹14,988 2.2 4.1 7.9 7 7.9 7.84% 5M 19D 7M 20D Indiabulls Liquid Fund Growth ₹2,493.62
↑ 0.46 ₹158 1.9 3.7 7.3 6.7 7.4 7.02% 1M 2D 1M 2D PGIM India Insta Cash Fund Growth ₹335.787
↑ 0.06 ₹391 1.9 3.7 7.3 6.8 7.3 7.17% 1M 21D 1M 24D Principal Cash Management Fund Growth ₹2,275.52
↑ 0.37 ₹6,619 1.8 3.6 7.2 6.8 7.3 7.22% 1M 17D 1M 17D JM Liquid Fund Growth ₹70.3894
↑ 0.04 ₹3,341 1.8 3.6 7.2 6.7 7.2 7.13% 1M 10D 1M 13D Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 17 Apr 25
Bond Funds to Invest for > 1 year
Fund NAV Net Assets (Cr) 3 MO (%) 6 MO (%) 1 YR (%) 3 YR (%) 2023 (%) Debt Yield (YTM) Mod. Duration Eff. Maturity PGIM India Short Maturity Fund Growth ₹39.3202
↓ 0.00 ₹28 1.2 3.1 6.1 4.2 7.18% 1Y 7M 28D 1Y 11M 1D Aditya Birla Sun Life Medium Term Plan Growth ₹39.257
↑ 0.05 ₹2,144 5.2 6.9 14.4 14.3 10.5 7.72% 3Y 9M 18D 5Y 1M 20D Axis Strategic Bond Fund Growth ₹27.6601
↑ 0.03 ₹1,987 3.3 4.9 9.9 7.7 8.7 8.05% 3Y 6M 11D 5Y Nippon India Strategic Debt Fund Growth ₹15.3131
↑ 0.01 ₹103 3.2 4.8 9.7 6.9 8.3 8.03% 3Y 5M 5D 4Y 9M 29D Nippon India Short Term Fund Growth ₹52.1457
↑ 0.07 ₹6,340 3.1 4.7 9.3 7 8 7.65% 2Y 9M 3Y 7M 13D Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 29 Sep 23
Bond Funds to Invest for > 3 years
Fund NAV Net Assets (Cr) 3 MO (%) 6 MO (%) 1 YR (%) 3 YR (%) 2023 (%) Debt Yield (YTM) Mod. Duration Eff. Maturity SBI Magnum Gilt Fund Growth ₹66.2646
↑ 0.05 ₹11,257 4.5 5 11.4 8.5 8.9 7.11% 9Y 11M 1D 23Y 10M 28D UTI Gilt Fund Growth ₹62.9482
↑ 0.06 ₹644 4.4 5 11 7.8 8.9 6.99% 9Y 8M 23D 22Y 9M Nippon India Gilt Securities Fund Growth ₹38.2126
↑ 0.03 ₹2,126 4.2 4.7 11 7.6 8.9 7.1% 9Y 3M 22D 20Y 10M 24D Aditya Birla Sun Life Government Securities Fund Growth ₹81.4871
↑ 0.01 ₹1,992 4.3 4.6 11 7.5 9.1 7.08% 10Y 9M 25Y 11M 5D ICICI Prudential Gilt Fund Growth ₹102.241
↑ 0.08 ₹6,356 3.9 5.5 10.8 8.4 8.2 7.05% 5Y 3M 22D 13Y 4M 28D Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 17 Apr 25
Best 10-Year Govt. Bond Funds
Fund NAV Net Assets (Cr) 3 MO (%) 6 MO (%) 1 YR (%) 3 YR (%) 2023 (%) Debt Yield (YTM) Mod. Duration Eff. Maturity SBI Magnum Constant Maturity Fund Growth ₹63.5461
↑ 0.10 ₹1,845 4.4 5.8 12 8.6 9.1 6.93% 6Y 9M 25D 9Y 10M 6D IDFC Government Securities Fund - Constant Maturity Plan Growth ₹45.6408
↑ 0.08 ₹340 4.8 6.1 12.7 8.7 9.7 6.97% 7Y 3M 14D 10Y 7M 24D ICICI Prudential Constant Maturity Gilt Fund Growth ₹24.5915
↑ 0.03 ₹2,534 4.7 6.1 12.5 8.6 9.3 6.92% 6Y 9M 4D 9Y 8M 1D DSP BlackRock 10Y G-Sec Fund Growth ₹21.7139
↑ 0.03 ₹57 4.2 5.6 11.7 8.4 9 6.72% 6Y 8M 12D 9Y 5M 16D Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 17 Apr 25
*Below is the list of Bond Mutual Funds having net assets 50 Crore and having managed assets for over 3 Years. Based on heighest Yield to Maturity (ytm)
(Erstwhile HDFC Gilt Fund - Long Term Plan) The scheme seeks to generate credit risk - free returns through investments in sovereign securities issued by the Central Government and / or State Governments. HDFC Gilt Fund is a Debt - Government Bond fund was launched on 25 Jul 01. It is a fund with Moderate risk and has given a Below is the key information for HDFC Gilt Fund Returns up to 1 year are on (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. ICICI Prudential Medium Term Bond Fund is a Debt - Medium term Bond fund was launched on 15 Sep 04. It is a fund with Moderate risk and has given a Below is the key information for ICICI Prudential Medium Term Bond Fund Returns up to 1 year are on 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 Below is the key information for Kotak Medium Term Fund Returns up to 1 year are on (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 Below is the key information for Axis Strategic Bond Fund Returns up to 1 year are on (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 Below is the key information for Nippon India Strategic Debt Fund Returns up to 1 year are on (Erstwhile SBI Regular Savings Fund) To provide attractive returns to the Magnum holders / Unit holders either through periodic dividends or through capital appreciation through an actively managed portfolio of debt,
equity and money market instruments. SBI Magnum Medium Duration Fund is a Debt - Medium term Bond fund was launched on 12 Nov 03. It is a fund with Moderate risk and has given a Below is the key information for SBI Magnum Medium Duration Fund Returns up to 1 year are on 1. HDFC Gilt Fund
CAGR/Annualized return of 7.5% since its launch. Ranked 7 in Government Bond category. Return for 2024 was 8.7% , 2023 was 7.1% and 2022 was 1.7% . HDFC Gilt Fund
Growth Launch Date 25 Jul 01 NAV (17 Apr 25) ₹55.473 ↑ 0.08 (0.14 %) Net Assets (Cr) ₹2,939 on 28 Feb 25 Category Debt - Government Bond AMC HDFC Asset Management Company Limited Rating ☆☆☆ Risk Moderate Expense Ratio 0.88 Sharpe Ratio 0.35 Information Ratio 0 Alpha Ratio 0 Min Investment 5,000 Min SIP Investment 300 Exit Load NIL Yield to Maturity 8.48% Effective Maturity 16 Years 7 Months 9 Days Modified Duration 8 Years 2 Months 11 Days Growth of 10,000 investment over the years.
Date Value 31 Mar 20 ₹10,000 31 Mar 21 ₹10,608 31 Mar 22 ₹10,992 31 Mar 23 ₹11,375 31 Mar 24 ₹12,246 31 Mar 25 ₹13,383 Returns for HDFC Gilt Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 17 Apr 25 Duration Returns 1 Month 2.7% 3 Month 4.3% 6 Month 5.3% 1 Year 11.5% 3 Year 7.8% 5 Year 6.2% 10 Year 15 Year Since launch 7.5% Historical performance (Yearly) on absolute basis
Year Returns 2023 8.7% 2022 7.1% 2021 1.7% 2020 2.2% 2019 10.7% 2018 8.6% 2017 5.4% 2016 1.8% 2015 16.6% 2014 5.9% Fund Manager information for HDFC Gilt Fund
Name Since Tenure Anil Bamboli 1 Sep 07 17.51 Yr. Dhruv Muchhal 22 Jun 23 1.69 Yr. Data below for HDFC Gilt Fund as on 28 Feb 25
Asset Allocation
Asset Class Value Cash 2.45% Debt 97.55% Debt Sector Allocation
Sector Value Government 97.55% Cash Equivalent 2.45% Credit Quality
Rating Value AAA 100% Top Securities Holdings / Portfolio
Name Holding Value Quantity 7.18% Govt Stock 2033
Sovereign Bonds | -18% ₹534 Cr 52,000,000 7.3% Govt Stock 2053
Sovereign Bonds | -16% ₹481 Cr 46,500,000 7.34% Govt Stock 2064
Sovereign Bonds | -10% ₹300 Cr 28,870,000 6.79% Government Of India (07/10/2034)
Sovereign Bonds | -9% ₹268 Cr 26,583,400 7.26% Govt Stock 2033
Sovereign Bonds | -8% ₹247 Cr 24,000,000 7.1% Govt Stock 2034
Sovereign Bonds | -7% ₹194 Cr 19,000,000 7.26% Govt Stock 2032
Sovereign Bonds | -6% ₹175 Cr 17,000,000 7.17% Govt Stock 2030
Sovereign Bonds | -5% ₹138 Cr 13,500,000 7.18% Govt Stock 2037
Sovereign Bonds | -4% ₹123 Cr 12,000,000 7.09% Govt Stock 2054
Sovereign Bonds | -3% ₹92 Cr 9,170,000 2. ICICI Prudential Medium Term Bond Fund
CAGR/Annualized return of 7.5% since its launch. Ranked 23 in Medium term Bond category. Return for 2024 was 8% , 2023 was 7% and 2022 was 4.2% . ICICI Prudential Medium Term Bond Fund
Growth Launch Date 15 Sep 04 NAV (17 Apr 25) ₹44.1979 ↑ 0.03 (0.07 %) Net Assets (Cr) ₹5,684 on 15 Mar 25 Category Debt - Medium term Bond AMC ICICI Prudential Asset Management Company Limited Rating ☆☆ Risk Moderate Expense Ratio 1.4 Sharpe Ratio 1.25 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 8.37% Effective Maturity 4 Years 8 Months 19 Days Modified Duration 3 Years 2 Months 16 Days Growth of 10,000 investment over the years.
Date Value 31 Mar 20 ₹10,000 31 Mar 21 ₹10,836 31 Mar 22 ₹11,419 31 Mar 23 ₹11,993 31 Mar 24 ₹12,889 31 Mar 25 ₹13,981 Returns for ICICI Prudential Medium Term Bond Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 17 Apr 25 Duration Returns 1 Month 1.7% 3 Month 3% 6 Month 4.8% 1 Year 9.6% 3 Year 7.5% 5 Year 7.3% 10 Year 15 Year Since launch 7.5% Historical performance (Yearly) on absolute basis
Year Returns 2023 8% 2022 7% 2021 4.2% 2020 5.5% 2019 10.4% 2018 9.2% 2017 5.1% 2016 6.5% 2015 10.2% 2014 8.4% Fund Manager information for ICICI Prudential Medium Term Bond Fund
Name Since Tenure Manish Banthia 7 Nov 16 8.4 Yr. Akhil Kakkar 22 Jan 24 1.19 Yr. Data below for ICICI Prudential Medium Term Bond Fund as on 15 Mar 25
Asset Allocation
Asset Class Value Cash 8.18% Equity 1.05% Debt 90.46% Other 0.31% Debt Sector Allocation
Sector Value Corporate 62.78% Government 25.76% Cash Equivalent 8.18% Securitized 1.92% Credit Quality
Rating Value AA 59.48% AAA 40.52% Top Securities Holdings / Portfolio
Name Holding Value Quantity 7.1% Govt Stock 2034
Sovereign Bonds | -22% ₹1,245 Cr 121,656,650
↓ -2,916,700 Vedanta Limited
Debentures | -3% ₹169 Cr 17,000 Godrej Properties Limited
Debentures | -3% ₹151 Cr 15,000 Oberoi Realty Ltd.
Debentures | -3% ₹150 Cr 15,000 Tata Projects Limited
Debentures | -3% ₹149 Cr 15,000 Pipeline Infrastructure Private Limited
Debentures | -2% ₹126 Cr 12,400 Macrotech Developers Ltd.
Debentures | -2% ₹125 Cr 12,500 7.34% Govt Stock 2064
Sovereign Bonds | -2% ₹117 Cr 11,301,500
↑ 2,500,000 TVS Credit Services Limited
Debentures | -2% ₹112 Cr 110 Ess Kay Limited
Debentures | -2% ₹109 Cr 11,000 3. Kotak Medium Term Fund
CAGR/Annualized return of 7.5% since its launch. Ranked 10 in Medium term Bond category. Return for 2024 was 9% , 2023 was 6.1% and 2022 was 3.2% . Kotak Medium Term Fund
Growth Launch Date 25 Mar 14 NAV (17 Apr 25) ₹22.3851 ↑ 0.02 (0.09 %) Net Assets (Cr) ₹1,880 on 28 Feb 25 Category Debt - Medium term Bond AMC Kotak Mahindra Asset Management Co Ltd Rating ☆☆☆ Risk Moderate Expense Ratio 1.58 Sharpe Ratio 0.86 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 8.32% Effective Maturity 4 Years 9 Months 18 Days Modified Duration 3 Years 2 Months 19 Days Growth of 10,000 investment over the years.
Date Value 31 Mar 20 ₹10,000 31 Mar 21 ₹10,642 31 Mar 22 ₹11,284 31 Mar 23 ₹11,626 31 Mar 24 ₹12,563 31 Mar 25 ₹13,601 Returns for Kotak Medium Term Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 17 Apr 25 Duration Returns 1 Month 1.7% 3 Month 2.8% 6 Month 4.1% 1 Year 9.6% 3 Year 7% 5 Year 6.9% 10 Year 15 Year Since launch 7.5% Historical performance (Yearly) on absolute basis
Year Returns 2023 9% 2022 6.1% 2021 3.2% 2020 4.7% 2019 8.5% 2018 7% 2017 5.4% 2016 6.6% 2015 10.9% 2014 9.3% Fund Manager information for Kotak Medium Term Fund
Name Since Tenure Deepak Agrawal 25 Mar 14 11.03 Yr. Sunit garg 1 Nov 22 2.42 Yr. Data below for Kotak Medium Term Fund as on 28 Feb 25
Asset Allocation
Asset Class Value Cash 4.1% Equity 5.71% Debt 88.59% Other 1.6% Debt Sector Allocation
Sector Value Corporate 60.81% Government 27.42% Cash Equivalent 4.46% Credit Quality
Rating Value A 10.6% AA 35.92% AAA 53.48% Top Securities Holdings / Portfolio
Name Holding Value Quantity 7.1% Govt Stock 2034
Sovereign Bonds | -15% ₹284 Cr 27,750,021 7.18% Govt Stock 2033
Sovereign Bonds | -9% ₹178 Cr 17,343,470 Bamboo Hotel And Global Centre (Delhi) Private Limited
Debentures | -5% ₹90 Cr 9,000 TATA Steel Limited
Debentures | -4% ₹75 Cr 750 Pipeline Infrastructure Private Limited
Debentures | -3% ₹64 Cr 6,280 Aditya Birla Renewables Limited
Debentures | -3% ₹60 Cr 6,000 Indostar Capital Finance Limited
Debentures | -3% ₹60 Cr 6,000 SANSAR AUG 2024 V TRUST
Unlisted bonds | -3% ₹60 Cr 600,000,000 Embassy Office Parks REIT (Real Estate)
-, Since 31 May 21 | 5426023% ₹55 Cr 1,498,708 Century Textiles And Industries Limited
Debentures | -3% ₹55 Cr 5,500 4. Axis Strategic Bond Fund
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% . Axis Strategic Bond Fund
Growth Launch Date 28 Mar 12 NAV (17 Apr 25) ₹27.6601 ↑ 0.03 (0.09 %) Net Assets (Cr) ₹1,987 on 28 Feb 25 Category Debt - Medium term Bond AMC Axis Asset Management Company Limited Rating ☆☆☆☆ Risk Moderate Expense Ratio 1.06 Sharpe Ratio 1.41 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 8.05% Effective Maturity 5 Years Modified Duration 3 Years 6 Months 11 Days Growth of 10,000 investment over the years.
Date Value 31 Mar 20 ₹10,000 31 Mar 21 ₹10,801 31 Mar 22 ₹11,410 31 Mar 23 ₹11,926 31 Mar 24 ₹12,870 31 Mar 25 ₹13,992 Returns for Axis Strategic Bond Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 17 Apr 25 Duration Returns 1 Month 2% 3 Month 3.3% 6 Month 4.9% 1 Year 9.9% 3 Year 7.7% 5 Year 7.2% 10 Year 15 Year Since launch 8.1% Historical performance (Yearly) on absolute basis
Year Returns 2023 8.7% 2022 7.3% 2021 3.8% 2020 5.2% 2019 10.5% 2018 7.1% 2017 6.7% 2016 7.5% 2015 11.6% 2014 6.8% Fund Manager information for Axis Strategic Bond Fund
Name Since Tenure Devang Shah 5 Nov 12 12.41 Yr. Sachin Jain 1 Feb 23 2.16 Yr. Akhil Thakker 1 Feb 23 2.16 Yr. Data below for Axis Strategic Bond Fund as on 28 Feb 25
Asset Allocation
Asset Class Value Cash 4.99% Equity 0.39% Debt 94.34% Other 0.28% Debt Sector Allocation
Sector Value Corporate 55.97% Government 38.37% Cash Equivalent 4.99% Credit Quality
Rating Value A 10.23% AA 38.82% AAA 50.94% Top Securities Holdings / Portfolio
Name Holding Value Quantity 7.1% Govt Stock 2034
Sovereign Bonds | -15% ₹298 Cr 29,100,000
↓ -500,000 7.18% Govt Stock 2033
Sovereign Bonds | -5% ₹93 Cr 9,100,000
↓ -12,700,000 Nirma Limited
Debentures | -3% ₹60 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% ₹55 Cr 5,500 Aadhar Housing Finance Ltd. 8.65%
Debentures | -3% ₹52 Cr 5,200 Mahanagar Telephone Nigam Limited
Debentures | -3% ₹50 Cr 5,000 Aptus Finance India Pvt Ltd. 8.95%
Debentures | -3% ₹49 Cr 5,000
↑ 5,000 Tata Projects Limited
Debentures | -2% ₹46 Cr 4,600 5. Nippon India Strategic Debt Fund
CAGR/Annualized return of 4% since its launch. Ranked 7 in Medium term Bond category. Return for 2024 was 8.3% , 2023 was 7% and 2022 was 2% . Nippon India Strategic Debt Fund
Growth Launch Date 26 Jun 14 NAV (17 Apr 25) ₹15.3131 ↑ 0.01 (0.07 %) Net Assets (Cr) ₹103 on 28 Feb 25 Category Debt - Medium term Bond AMC Nippon Life Asset Management Ltd. Rating ☆☆☆☆ Risk Moderate Expense Ratio 1.92 Sharpe Ratio 1.48 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 31 Mar 20 ₹10,000 31 Mar 21 ₹10,148 31 Mar 22 ₹11,959 31 Mar 23 ₹12,390 31 Mar 24 ₹13,244 31 Mar 25 ₹14,379 Returns for Nippon India Strategic Debt Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 17 Apr 25 Duration Returns 1 Month 1.9% 3 Month 3.2% 6 Month 4.8% 1 Year 9.7% 3 Year 6.9% 5 Year 7.8% 10 Year 15 Year Since launch 4% Historical performance (Yearly) on absolute basis
Year Returns 2023 8.3% 2022 7% 2021 2% 2020 17.4% 2019 -23.5% 2018 -3.4% 2017 4.7% 2016 6.9% 2015 11.1% 2014 9% Fund Manager information for Nippon India Strategic Debt Fund
Name Since Tenure Kinjal Desai 25 May 18 6.86 Yr. Sushil Budhia 1 Feb 20 5.17 Yr. Akshay Sharma 1 Dec 22 2.33 Yr. Data below for Nippon India Strategic Debt Fund as on 28 Feb 25
Asset Allocation
Asset Class Value Cash 15.36% Debt 84.19% Other 0.45% Debt Sector Allocation
Sector Value Corporate 51.94% Government 32.25% Cash Equivalent 15.36% Credit Quality
Rating Value AA 62.54% AAA 37.46% Top Securities Holdings / Portfolio
Name Holding Value Quantity 7.18% Govt Stock 2037
Sovereign Bonds | -25% ₹26 Cr 2,500,000 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 Manappuram Finance Limited
Debentures | -5% ₹5 Cr 500 Century Textiles And Industries Limited
Debentures | -5% ₹5 Cr 500 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% ₹3 Cr 351,700 6. SBI Magnum Medium Duration Fund
CAGR/Annualized return of 7.9% since its launch. Ranked 18 in Medium term Bond category. Return for 2024 was 8.1% , 2023 was 7.2% and 2022 was 3.4% . SBI Magnum Medium Duration Fund
Growth Launch Date 12 Nov 03 NAV (17 Apr 25) ₹50.6516 ↑ 0.05 (0.10 %) Net Assets (Cr) ₹6,469 on 15 Mar 25 Category Debt - Medium term Bond AMC SBI Funds Management Private Limited Rating ☆☆☆ Risk Moderate Expense Ratio 1.22 Sharpe Ratio 0.88 Information Ratio 0 Alpha Ratio 0 Min Investment 5,000 Min SIP Investment 500 Exit Load 0-12 Months (1.5%),12 Months and above(NIL) Yield to Maturity 7.9% Effective Maturity 4 Years 9 Months 25 Days Modified Duration 3 Years 4 Months 13 Days Growth of 10,000 investment over the years.
Date Value 31 Mar 20 ₹10,000 31 Mar 21 ₹10,898 31 Mar 22 ₹11,430 31 Mar 23 ₹11,925 31 Mar 24 ₹12,836 31 Mar 25 ₹13,902 Returns for SBI Magnum Medium Duration Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 17 Apr 25 Duration Returns 1 Month 1.9% 3 Month 3.2% 6 Month 4.8% 1 Year 9.5% 3 Year 7.5% 5 Year 7% 10 Year 15 Year Since launch 7.9% Historical performance (Yearly) on absolute basis
Year Returns 2023 8.1% 2022 7.2% 2021 3.4% 2020 3.8% 2019 12.3% 2018 11.1% 2017 6.2% 2016 7.6% 2015 14% 2014 6.6% Fund Manager information for SBI Magnum Medium Duration Fund
Name Since Tenure Lokesh Mallya 1 Dec 23 1.33 Yr. Mohit Jain 30 Nov 17 7.34 Yr. Data below for SBI Magnum Medium Duration Fund as on 15 Mar 25
Asset Allocation
Asset Class Value Cash 22.1% Debt 77.6% Other 0.3% Debt Sector Allocation
Sector Value Corporate 50.65% Government 31.12% Cash Equivalent 17.92% Credit Quality
Rating Value A 7.66% AA 44.78% AAA 47.56% Top Securities Holdings / Portfolio
Name Holding Value Quantity 7.18% Govt Stock 2033
Sovereign Bonds | -12% ₹786 Cr 76,500,000 7.18% Govt Stock 2037
Sovereign Bonds | -8% ₹550 Cr 53,500,000 6.79% Government Of India (07/10/2034)
Sovereign Bonds | -5% ₹342 Cr 34,000,000 Godrej Properties Limited
Debentures | -5% ₹301 Cr 30,000 7.23% Government Of India (15/04/2039)
Sovereign Bonds | -4% ₹284 Cr 27,500,000 Avanse Financial Services Ltd.
Debentures | -4% ₹250 Cr 25,000 Renew Solar Energy (Jharkhand Five) Private Limited
Debentures | -4% ₹234 Cr 24,000 Century Textiles And Industried Limited
Debentures | -3% ₹220 Cr 22,000 Yes Bank Limited
Debentures | -3% ₹220 Cr 2,250 Renserv Global Pvt Ltd.
Debentures | -3% ₹210 Cr 21,000
Bond Funds Taxation
Tax implication on Bond Funds or Debt Funds is computed in the following manner-
Short Term Capital Gains
If the holding period of a debt investment is less than 36 months, then it is classified as a short-term investment and these are taxed as per individual's tax slab.
Long Term Capital Gains
If the holding period of debt investment is more than 36 months, then it is classified as a long-term investment and is taxed at 20% with an indexation benefit.
| Capital Gains | Investment Holding Gains | Taxation |
|---|---|---|
| Short Term Capital Gains | Less than 36 months | As per individual's tax slab |
| Long Term Capital Gains | More than 36 months | 20% with indexation benefits |
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