Table of Contents
Best Bond Mutual Funds 2024
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 ₹522.094
↑ 0.12 ₹12,417 1.9 3.8 7.8 6.4 7.2 7.78% 5M 19D 7M 24D Indiabulls Liquid Fund Growth ₹2,416.95
↑ 0.45 ₹190 1.8 3.6 7.4 6.1 6.8 7.12% 1M 29D Principal Cash Management Fund Growth ₹2,206.13
↑ 0.41 ₹5,396 1.8 3.6 7.3 6.2 7 7.18% 1M 28D 1M 28D PGIM India Insta Cash Fund Growth ₹325.398
↑ 0.06 ₹516 1.8 3.6 7.3 6.2 7 7.21% 1M 24D 1M 28D JM Liquid Fund Growth ₹68.2588
↑ 0.01 ₹3,157 1.7 3.5 7.3 6.2 7 7.14% 1M 18D 1M 22D Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 12 Nov 24
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 ₹36.8582
↓ -0.01 ₹1,921 3.7 6.8 10.8 13.6 6.9 7.73% 3Y 10M 6D 5Y 1M 10D Axis Strategic Bond Fund Growth ₹26.468
↑ 0.00 ₹1,945 2.1 4.6 9 6.4 7.3 8.03% 3Y 8M 23D 5Y 6M 11D Nippon India Strategic Debt Fund Growth ₹14.6663
↑ 0.00 ₹117 2.1 4.5 8.5 5.5 7 8.05% 3Y 6M 18D 4Y 11M 8D Aditya Birla Sun Life Short Term Opportunities Fund Growth ₹45.1137
↑ 0.00 ₹9,048 2 4.3 8.2 6.1 6.9 7.67% 2Y 9M 7D 3Y 9M 4D 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 Aditya Birla Sun Life Government Securities Fund Growth ₹77.9506
↓ -0.05 ₹2,259 2 5.1 10.4 5.9 7.1 6.92% 9Y 11D 18Y 10M 2D Nippon India Gilt Securities Fund Growth ₹36.4869
↓ -0.03 ₹1,986 2 5.1 10.1 5.6 6.7 6.95% 9Y 29D 19Y 7M 6D Canara Robeco Gilt Fund Growth ₹72.4989
↓ -0.06 ₹121 2 5 10 5.7 6.5 6.91% 8Y 9M 5D 21Y 7M 9D SBI Magnum Gilt Fund Growth ₹63.1447
↓ -0.05 ₹10,626 1.9 5.1 9.8 6.9 7.6 6.96% 9Y 6M 22D 23Y 5M 12D UTI Gilt Fund Growth ₹59.9637
↓ -0.04 ₹663 1.8 4.8 9.8 5.9 6.7 6.87% 7Y 6M 22D 14Y 11M 12D Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 12 Nov 24
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 ₹60.1471
↓ -0.03 ₹1,761 2 5.1 10 5.6 7.5 6.88% 6Y 10M 20D 9Y 10M 24D IDFC Government Securities Fund - Constant Maturity Plan Growth ₹43.0475
↓ -0.02 ₹343 2 5.4 10.6 5.6 7.4 6.87% 6Y 7M 17D 9Y 4M 13D ICICI Prudential Constant Maturity Gilt Fund Growth ₹23.1968
↓ -0.01 ₹2,452 2 5.1 10 5.6 7.7 6.87% 6Y 8M 5D 9Y 7M 2D DSP BlackRock 10Y G-Sec Fund Growth ₹20.5753
↓ -0.01 ₹55 1.8 4.9 9.7 5.2 7.7 6.75% 6Y 6M 25D 9Y 4M 24D Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 12 Nov 24
*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)
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 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 (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 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 To generate income through investments in a range of debt and money market instruments of various maturities with a view to maximising income while maintaining the optimum balance of yield, safety and liquidity. ICICI Prudential Short Term Fund is a Debt - Short term Bond fund was launched on 25 Oct 01. It is a fund with Moderate risk and has given a Below is the key information for ICICI Prudential Short Term 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. Kotak Medium Term Fund
CAGR/Annualized return of 7.5% since its launch. Ranked 10 in Medium term Bond category. Return for 2023 was 6.1% , 2022 was 3.2% and 2021 was 4.7% . Kotak Medium Term Fund
Growth Launch Date 25 Mar 14 NAV (12 Nov 24) ₹21.5958 ↑ 0.00 (0.02 %) Net Assets (Cr) ₹1,659 on 30 Sep 24 Category Debt - Medium term Bond AMC Kotak Mahindra Asset Management Co Ltd Rating ☆☆☆ Risk Moderate Expense Ratio 1.58 Sharpe Ratio 2.28 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 8.29% Effective Maturity 5 Years 5 Months 1 Day Modified Duration 3 Years 3 Months 29 Days Growth of 10,000 investment over the years.
Date Value 31 Oct 19 ₹10,000 31 Oct 20 ₹10,822 31 Oct 21 ₹11,429 31 Oct 22 ₹11,734 31 Oct 23 ₹12,384 31 Oct 24 ₹13,626 Returns for Kotak Medium Term Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 12 Nov 24 Duration Returns 1 Month 0.6% 3 Month 2.4% 6 Month 5.2% 1 Year 9.8% 3 Year 6% 5 Year 6.4% 10 Year 15 Year Since launch 7.5% Historical performance (Yearly) on absolute basis
Year Returns 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% 2014 Fund Manager information for Kotak Medium Term Fund
Name Since Tenure Deepak Agrawal 25 Mar 14 10.61 Yr. Sunit garg 1 Nov 22 2 Yr. Data below for Kotak Medium Term Fund as on 30 Sep 24
Asset Allocation
Asset Class Value Cash 1.83% Equity 6.04% Debt 90.39% Other 1.75% Debt Sector Allocation
Sector Value Corporate 63.53% Government 26.47% Cash Equivalent 2.23% Credit Quality
Rating Value A 8.16% AA 43.26% AAA 48.58% Top Securities Holdings / Portfolio
Name Holding Value Quantity 07.18 Goi 14082033
Sovereign Bonds | -10% ₹178 Cr 17,343,470
↓ -4,999,980 7.10%Goi 08/04/2034
Sovereign Bonds | -9% ₹166 Cr 16,250,020
↑ 7,250,000 TATA Steel Limited
Debentures | -4% ₹76 Cr 750 Pipeline Infrastructure Private Limited
Debentures | -4% ₹64 Cr 6,280 Aditya Birla Renewables Limited
Debentures | -3% ₹60 Cr 6,000 SANSAR AUG 2024 V TRUST
Unlisted bonds | -3% ₹60 Cr 600,000,000
↑ 600,000,000 Prestige Projects Private Limited 0.1175%
Debentures | -3% ₹60 Cr 6,000 Indostar Capital Finance Limited
Debentures | -3% ₹60 Cr 6,000 Embassy Office Parks REIT (Real Estate)
-, Since 31 May 21 | 5426023% ₹57 Cr 1,455,613 Century Textiles And Industries Limited
Debentures | -3% ₹55 Cr 5,500 2. ICICI Prudential Medium Term Bond Fund
CAGR/Annualized return of 7.4% since its launch. Ranked 23 in Medium term Bond category. Return for 2023 was 7% , 2022 was 4.2% and 2021 was 5.5% . ICICI Prudential Medium Term Bond Fund
Growth Launch Date 15 Sep 04 NAV (12 Nov 24) ₹42.357 ↑ 0.00 (0.00 %) Net Assets (Cr) ₹5,947 on 15 Oct 24 Category Debt - Medium term Bond AMC ICICI Prudential Asset Management Company Limited Rating ☆☆ Risk Moderate Expense Ratio 1.4 Sharpe Ratio 1.22 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 8.22% Effective Maturity 4 Years 4 Months 28 Days Modified Duration 3 Years 1 Month 20 Days Growth of 10,000 investment over the years.
Date Value 31 Oct 19 ₹10,000 31 Oct 20 ₹11,088 31 Oct 21 ₹11,789 31 Oct 22 ₹12,198 31 Oct 23 ₹13,027 31 Oct 24 ₹14,119 Returns for ICICI Prudential Medium Term Bond Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 12 Nov 24 Duration Returns 1 Month 0.5% 3 Month 2% 6 Month 4.4% 1 Year 8.2% 3 Year 6.2% 5 Year 7.2% 10 Year 15 Year Since launch 7.4% Historical performance (Yearly) on absolute basis
Year Returns 2023 7% 2022 4.2% 2021 5.5% 2020 10.4% 2019 9.2% 2018 5.1% 2017 6.5% 2016 10.2% 2015 8.4% 2014 12.4% Fund Manager information for ICICI Prudential Medium Term Bond Fund
Name Since Tenure Manish Banthia 7 Nov 16 7.99 Yr. Akhil Kakkar 22 Jan 24 0.78 Yr. Data below for ICICI Prudential Medium Term Bond Fund as on 15 Oct 24
Asset Allocation
Asset Class Value Cash 8.07% Equity 0.85% Debt 90.8% Other 0.28% Debt Sector Allocation
Sector Value Corporate 64.57% Government 27.83% Cash Equivalent 6.39% Securitized 0.08% Credit Quality
Rating Value AA 55.61% AAA 44.39% Top Securities Holdings / Portfolio
Name Holding Value Quantity 7.10%Goi 08/04/2034
Sovereign Bonds | -23% ₹1,378 Cr 134,735,250
↑ 28,993,500 Godrej Properties Limited
Debentures | -3% ₹151 Cr 15,000 The Great Eastern Shipping Company Limited
Debentures | -3% ₹150 Cr 1,500 India (Republic of)
Sovereign Bonds | -2% ₹128 Cr 12,708,800
↑ 12,708,800 Pipeline Infrastructure Private Limited
Debentures | -2% ₹127 Cr 12,400 TVS Credit Services Limited
Debentures | -2% ₹111 Cr 110 Ess Kay Limited
Debentures | -2% ₹109 Cr 11,000 Torrent Power Limited
Debentures | -2% ₹107 Cr 10,500 Nirma Limited
Debentures | -2% ₹101 Cr 10,000 Tata Projects Limited
Debentures | -2% ₹100 Cr 1,000 3. Nippon India Strategic Debt Fund
CAGR/Annualized return of 3.8% since its launch. Ranked 7 in Medium term Bond category. Return for 2023 was 7% , 2022 was 2% and 2021 was 17.4% . Nippon India Strategic Debt Fund
Growth Launch Date 26 Jun 14 NAV (12 Nov 24) ₹14.6663 ↑ 0.00 (0.02 %) Net Assets (Cr) ₹117 on 30 Sep 24 Category Debt - Medium term Bond AMC Nippon Life Asset Management Ltd. Rating ☆☆☆☆ Risk Moderate Expense Ratio 1.92 Sharpe Ratio 1.03 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 8.05% Effective Maturity 4 Years 11 Months 8 Days Modified Duration 3 Years 6 Months 18 Days Growth of 10,000 investment over the years.
Date Value 31 Oct 19 ₹10,000 31 Oct 20 ₹7,447 31 Oct 21 ₹8,839 31 Oct 22 ₹8,955 31 Oct 23 ₹9,564 31 Oct 24 ₹10,383 Returns for Nippon India Strategic Debt Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 12 Nov 24 Duration Returns 1 Month 0.5% 3 Month 2.1% 6 Month 4.5% 1 Year 8.5% 3 Year 5.5% 5 Year 0.8% 10 Year 15 Year Since launch 3.8% Historical performance (Yearly) on absolute basis
Year Returns 2023 7% 2022 2% 2021 17.4% 2020 -23.5% 2019 -3.4% 2018 4.7% 2017 6.9% 2016 11.1% 2015 9% 2014 Fund Manager information for Nippon India Strategic Debt Fund
Name Since Tenure Kinjal Desai 25 May 18 6.44 Yr. Sushil Budhia 1 Feb 20 4.75 Yr. Akshay Sharma 1 Dec 22 1.92 Yr. Data below for Nippon India Strategic Debt Fund as on 30 Sep 24
Asset Allocation
Asset Class Value Cash 4.23% Debt 95.39% Other 0.37% Debt Sector Allocation
Sector Value Corporate 57.73% Government 37.66% Cash Equivalent 4.23% Credit Quality
Rating Value AA 53.97% AAA 46.03% Top Securities Holdings / Portfolio
Name Holding Value Quantity 7.18% Govt Stock 2037
Sovereign Bonds | -17% ₹20 Cr 2,000,000 7.1% Govt Stock 2034
Sovereign Bonds | -9% ₹10 Cr 1,000,000 07.18 MH Sdl 2030
Sovereign Bonds | -9% ₹10 Cr 1,000,000 Summit Digitel Infrastructure Limited
Debentures | -7% ₹8 Cr 80 Shriram Housing Finance Limited 9.25%
Debentures | -4% ₹5 Cr 500 DLF Cyber City Developers Ltd. 8.4%
Debentures | -4% ₹5 Cr 500 Godrej Properties Limited
Debentures | -4% ₹5 Cr 500 Century Textiles And Industries Limited
Debentures | -4% ₹5 Cr 500 Godrej Industries Limited
Debentures | -4% ₹5 Cr 500 Aadhar Housing Finance Limited
Debentures | -4% ₹5 Cr 500 4. Axis Strategic Bond Fund
CAGR/Annualized return of 8% since its launch. Ranked 7 in Medium term Bond category. Return for 2023 was 7.3% , 2022 was 3.8% and 2021 was 5.2% . Axis Strategic Bond Fund
Growth Launch Date 28 Mar 12 NAV (12 Nov 24) ₹26.468 ↑ 0.00 (0.00 %) Net Assets (Cr) ₹1,945 on 30 Sep 24 Category Debt - Medium term Bond AMC Axis Asset Management Company Limited Rating ☆☆☆☆ Risk Moderate Expense Ratio 1.06 Sharpe Ratio 1.76 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 6 Months 11 Days Modified Duration 3 Years 8 Months 23 Days Growth of 10,000 investment over the years.
Date Value 31 Oct 19 ₹10,000 31 Oct 20 ₹11,032 31 Oct 21 ₹11,683 31 Oct 22 ₹12,068 31 Oct 23 ₹12,896 31 Oct 24 ₹14,071 Returns for Axis Strategic Bond Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 12 Nov 24 Duration Returns 1 Month 0.5% 3 Month 2.1% 6 Month 4.6% 1 Year 9% 3 Year 6.4% 5 Year 7.1% 10 Year 15 Year Since launch 8% Historical performance (Yearly) on absolute basis
Year Returns 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% 2014 15% Fund Manager information for Axis Strategic Bond Fund
Name Since Tenure Devang Shah 5 Nov 12 12 Yr. Sachin Jain 1 Feb 23 1.75 Yr. Akhil Thakker 1 Feb 23 1.75 Yr. Data below for Axis Strategic Bond Fund as on 30 Sep 24
Asset Allocation
Asset Class Value Cash 9.87% Debt 89.87% Other 0.26% Debt Sector Allocation
Sector Value Corporate 53.91% Government 35.96% Cash Equivalent 9.87% Credit Quality
Rating Value A 11.06% AA 39.28% AAA 49.66% Top Securities Holdings / Portfolio
Name Holding Value Quantity 7.10%Goi 08/04/2034
Sovereign Bonds | -7% ₹139 Cr 13,600,000
↑ 12,500,000 7.23% Goi 15/04/2039
Sovereign Bonds | -7% ₹130 Cr 12,500,000
↓ -17,000,000 07.18 Goi 14082033
Sovereign Bonds | -6% ₹122 Cr 11,900,000
↓ -3,500,000 6.79 Goi 2034
Sovereign Bonds | -3% ₹63 Cr 6,231,900
↑ 6,231,900 Nirma Limited
Debentures | -3% ₹61 Cr 6,000 07.18 Goi 24072037
Sovereign Bonds | -3% ₹58 Cr 5,600,000 DLF Cyber City Developers Ltd. 8.4%
Debentures | -3% ₹55 Cr 5,500 Aadhar Housing Finance Ltd. 8.65%
Debentures | -3% ₹55 Cr 5,500 Rajasthan (Government of ) 7.52%
- | -3% ₹52 Cr 5,000,000 Mahanagar Telephone Nigam Limited
Debentures | -2% ₹49 Cr 5,000 5. ICICI Prudential Short Term Fund
CAGR/Annualized return of 7.8% since its launch. Ranked 11 in Short term Bond category. Return for 2023 was 7.4% , 2022 was 4.7% and 2021 was 3.9% . ICICI Prudential Short Term Fund
Growth Launch Date 25 Oct 01 NAV (12 Nov 24) ₹57.0745 ↑ 0.01 (0.02 %) Net Assets (Cr) ₹19,949 on 15 Oct 24 Category Debt - Short term Bond AMC ICICI Prudential Asset Management Company Limited Rating ☆☆☆☆ Risk Moderate Expense Ratio 1.11 Sharpe Ratio 1.54 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 7.81% Effective Maturity 3 Years 9 Months 4 Days Modified Duration 2 Years 7 Days Growth of 10,000 investment over the years.
Date Value 31 Oct 19 ₹10,000 31 Oct 20 ₹11,054 31 Oct 21 ₹11,573 31 Oct 22 ₹12,033 31 Oct 23 ₹12,890 31 Oct 24 ₹13,931 Returns for ICICI Prudential Short Term Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 12 Nov 24 Duration Returns 1 Month 0.6% 3 Month 1.9% 6 Month 4.2% 1 Year 8.1% 3 Year 6.4% 5 Year 6.9% 10 Year 15 Year Since launch 7.8% Historical performance (Yearly) on absolute basis
Year Returns 2023 7.4% 2022 4.7% 2021 3.9% 2020 10.6% 2019 9.7% 2018 5.8% 2017 5.9% 2016 11.1% 2015 8% 2014 11.6% Fund Manager information for ICICI Prudential Short Term Fund
Name Since Tenure Manish Banthia 19 Nov 09 14.96 Yr. Nikhil Kabra 29 Dec 20 3.84 Yr. Data below for ICICI Prudential Short Term Fund as on 15 Oct 24
Asset Allocation
Asset Class Value Cash 11.16% Debt 88.6% Other 0.24% Debt Sector Allocation
Sector Value Corporate 57.97% Government 36.7% Cash Equivalent 5.09% Credit Quality
Rating Value AA 17.47% AAA 82.53% Top Securities Holdings / Portfolio
Name Holding Value Quantity 7.10%Goi 08/04/2034
Sovereign Bonds | -10% ₹2,022 Cr 197,717,080
↑ 49,993,500 Govt Stock 22092033
Sovereign Bonds | -8% ₹1,553 Cr 150,908,750 8% Govt Stock 2034
Sovereign Bonds | -5% ₹921 Cr 91,074,740 07.06 Goi 2028
Sovereign Bonds | -3% ₹646 Cr 63,854,250 Small Industries Development Bank Of India
Debentures | -2% ₹370 Cr 37,000 SANSAR AUG 2024 VII TRUST
Unlisted bonds | -2% ₹355 Cr 3,500,000,000 National Bank For Agriculture And Rural Development
Debentures | -2% ₹350 Cr 35,000 Muthoot Finance Limited
Debentures | -2% ₹301 Cr 30,000 Small Industries Development Bank Of India
Debentures | -2% ₹301 Cr 3,000 LIC Housing Finance Limited
Debentures | -2% ₹300 Cr 3,000 6. SBI Magnum Medium Duration Fund
CAGR/Annualized return of 7.8% since its launch. Ranked 18 in Medium term Bond category. Return for 2023 was 7.2% , 2022 was 3.4% and 2021 was 3.8% . SBI Magnum Medium Duration Fund
Growth Launch Date 12 Nov 03 NAV (12 Nov 24) ₹48.5336 ↑ 0.00 (0.00 %) Net Assets (Cr) ₹6,761 on 15 Oct 24 Category Debt - Medium term Bond AMC SBI Funds Management Private Limited Rating ☆☆☆ Risk Moderate Expense Ratio 1.22 Sharpe Ratio 1.31 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 7.8% Effective Maturity 5 Years 6 Months 4 Days Modified Duration 3 Years 9 Months 11 Days Growth of 10,000 investment over the years.
Date Value 31 Oct 19 ₹10,000 31 Oct 20 ₹11,264 31 Oct 21 ₹11,779 31 Oct 22 ₹12,074 31 Oct 23 ₹12,968 31 Oct 24 ₹14,033 Returns for SBI Magnum Medium Duration Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 12 Nov 24 Duration Returns 1 Month 0.5% 3 Month 2% 6 Month 4.4% 1 Year 8.2% 3 Year 6% 5 Year 7.1% 10 Year 15 Year Since launch 7.8% Historical performance (Yearly) on absolute basis
Year Returns 2023 7.2% 2022 3.4% 2021 3.8% 2020 12.3% 2019 11.1% 2018 6.2% 2017 7.6% 2016 14% 2015 6.6% 2014 16.5% Fund Manager information for SBI Magnum Medium Duration Fund
Name Since Tenure Lokesh Mallya 1 Dec 23 0.92 Yr. Mohit Jain 30 Nov 17 6.93 Yr. Pradeep Kesavan 1 Dec 23 0.92 Yr. Data below for SBI Magnum Medium Duration Fund as on 15 Oct 24
Asset Allocation
Asset Class Value Cash 17.75% Debt 81.97% Other 0.28% Debt Sector Allocation
Sector Value Corporate 45.83% Government 36.15% Cash Equivalent 17.75% Credit Quality
Rating Value A 7.54% AA 43.07% AAA 49.39% Top Securities Holdings / Portfolio
Name Holding Value Quantity 7.18% Govt Stock 2033
Sovereign Bonds | -12% ₹781 Cr 76,500,000 7.1% Govt Stock 2034
Sovereign Bonds | -11% ₹753 Cr 74,000,000
↓ -30,000,000 7.18% Govt Stock 2037
Sovereign Bonds | -8% ₹548 Cr 53,500,000 Godrej Properties Limited
Debentures | -5% ₹301 Cr 30,000 7.23% Govt Stock 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% ₹237 Cr 24,000 Jindal Stainless Limited
Debentures | -3% ₹233 Cr 2,400 Century Textiles And Industried Limited
Debentures | -3% ₹220 Cr 22,000 Yes Bank Limited
Debentures | -3% ₹220 Cr 2,250
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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