fincash logo SOLUTIONS
EXPLORE FUNDS
CALCULATORS
LOG IN
SIGN UP

Fincash » Mutual Funds » FD Vs Debt Fund

FD Vs Debt Mutual Fund

Updated on April 21, 2025 , 7750 views

FD vs Debt fund? Thinking where to invest your savings to earn good returns. Generally, people consider Investing in fixed deposit or FD to be the most convenient option as it is safe and offers fixed returns. But is it the best way? Though Fixed Deposit is an easy investment option for all, however, the returns of fixed deposits being taxable are much less as compared to a Debt Fund. Moreover, when held for a longer duration, Debt Mutual Funds offer good returns. Before making a final decision to invest in debt mutual funds or fixed deposits, go through the detailed comparison of these investments.

In summary:

FD-Vs-Debt-Fund

Debt Mutual Funds (Debt Fund) Vs Fixed Deposits (FD)

We would need to break this up by the ability to take a risk and the intended holding period of the investor in question.

Short Holding Period (1 Year or Less)

Here the options for debt fund would be limited to Liquid Funds, ultra-short term funds and short-term Income funds. While the returns or yields normally would go higher from liquid to ultra-short to Short term fund, the yield differential between these debt funds and a Fixed Deposit can be determined considering their returns in last one year.

Debt Mutual Fund (Category Average Return)

Type Of Debt Mutual Fund Last 1 yr. Return (%)
Liquid Fund 7.36
Ultra Short-term Debt Funds 9.18
Short-term Debt Funds 9.78
Dynamic Debt Funds 13.89
Long-term Debt Funds 13.19
Gilt Short-term Funds 11.76
Gilt Long-term Funds 15.06
Data as of 20th Feb 2017

Fixed Deposit or FD Average Return Rate

The Average Return rate of Fixed Deposits ranged from 8-8.5% p.a. in the year 2016 (so one can compare the above returns in the table). However, in the past one year, the return rate has dropped to 6.6-7.5% p.a.

With the above illustration, it is clear that the average rate of return of Debt Funds is better than that of Fixed Deposits.

Ready to Invest?
Talk to our investment specialist
Disclaimer:
By submitting this form I authorize Fincash.com to call/SMS/email me about its products and I accept the terms of Privacy Policy and Terms & Conditions.

Long-Term Holding Period

With a long intended holding period, debt funds may prove to be better than FDs.

The options to invest here would be:

  • Long term income funds
  • Long-term gilt,
  • Corporate bond funds (high yield funds), in addition to the options mentioned above the liquid, ultra-short and short term funds may also be used.

Given that the holding period could be 3 years or more, we can say the following:

  • With Capital gains tax at 20% with indexation benefits, the net tax incidence would be minimal ( however one should calculate the tax incidence given the year of incurring tax)
  • Long term income funds/Gilt Funds with high yields and additionally, if interest rates move down would give very higher returns.
  • One could end up with high double digit returns with these debt funds.

Take the example below of returns on long-term income funds, the average last 1-year return for the category is 12.19% and last 3 years is 10.32% p.a. No FD could have given a similar return in the period. Gilt Fund returns are even higher. In the same period, last year FD rates would have been close to 8-8.5% per annum across most banks, (albeit today the rates have dropped further to 6.5 - 7.5%)

Last-1-Year-Return(%)-of-Long-Term-Income-Funds

Last-1-Year-Returns-of-Long-term-Gilt-Funds

So with an investor having a long intended holding period and interest rates falling, a debt fund (Long term income or Gilt) would give much better returns than an FD. Even in the case of interest rates not falling, high yield corporate bond funds would beat FDs in the same period.

Taxation on Debt Mutual Funds and Fixed Deposits

Taxation also plays an important role in determining the returns of the debt funds and fixed deposits. Typically, taxation on Fixed Deposits is 33% (marginal rate of tax) while on Debt Funds if one invests with a less than 3-year view then incurring dividend distribution tax would be a better option given that DDT (Dividend Distribution Tax) is deducted at approximately 25% (+surcharge etc). This shows that taxation on debt mutual funds is relatively lower than that in fixed deposits.

The additional benefits that come with debt funds are:

  • liquidity: money available within 1–2 days from Redemption
  • Professional management: ability to dynamically change strategy and take advantage of markets
  • No premature withdrawal penalty.

To sum up:

Parameters Mutual Funds Fixed Deposits
Rate of Returns No Assured Returns Fixed Returns
Inflation Adjusted Returns Potential of High Inflation Adjusted Returns Usually Low Inflation Adjusted Returns
Risk Low to High Risk (Depends of Fund Low Risk
Liquidity Liquid Liquid
Premature Withdrawal Allowed with Exit Load/No Load Allowed with Penalty
Cost of Investment Management Cost/Expense Ratio No Cost

Top 8 Best Performing Debt Funds 2025

Below is the list of Debt funds having Net Assets/AUM above 1000 Crore and sorted on 3 Year compounded (CAGR) returns.

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 (23 Apr 25) ₹39.349 ↑ 0.01   (0.03 %)
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.

DateValue
31 Mar 20₹10,000
31 Mar 21₹10,987
31 Mar 22₹12,025
31 Mar 23₹14,567
31 Mar 24₹15,635
31 Mar 25₹17,673

Aditya Birla Sun Life Medium Term Plan SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual Returns:
%
Total investment amount is ₹180,000
expected amount after 3 Years is ₹218,539.
Net Profit of ₹38,539
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 23 Apr 25

DurationReturns
1 Month 1.9%
3 Month 5.3%
6 Month 7.1%
1 Year 14.5%
3 Year 14.3%
5 Year 12.4%
10 Year
15 Year
Since launch 8.9%
Historical performance (Yearly) on absolute basis
YearReturns
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
NameSinceTenure
Sunaina Cunha1 Sep 1410.59 Yr.
Mohit Sharma6 Aug 204.65 Yr.

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

Asset Allocation
Asset ClassValue
Cash3.74%
Equity4.08%
Debt91.93%
Other0.25%
Debt Sector Allocation
SectorValue
Corporate51.47%
Government39.97%
Cash Equivalent3.74%
Securitized0.5%
Credit Quality
RatingValue
A3.53%
AA30.9%
AAA63.02%
BBB2.54%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
7.18% Govt Stock 2033
Sovereign Bonds | -
22%₹483 Cr47,000,000
↓ -1,500,000
National Bank For Agriculture And Rural Development
Debentures | -
5%₹100 Cr10,000
↑ 10,000
Nuvama Wealth Finance Ltd
Debentures | -
4%₹95 Cr9,500
↑ 1,500
7.1% Govt Stock 2034
Sovereign Bonds | -
4%₹94 Cr9,196,700
↑ 500,000
360 One Prime Ltd. 9.4%
Debentures | -
3%₹65 Cr6,500
↑ 6,500
Narayana Hrudayalaya Limited
Debentures | -
3%₹60 Cr6,000
Vedanta Limited
Debentures | -
3%₹60 Cr6,000
7.23% Government Of India (15/04/2039)
Sovereign Bonds | -
2%₹52 Cr5,000,000
LIC Housing Finance Limited
Debentures | -
2%₹50 Cr5,000
Creditaccess Grameen Limited
Debentures | -
2%₹50 Cr500,000

2. Aditya Birla Sun Life Dynamic Bond Fund

An Open-ended income scheme with the objective to generate optimal returns with high liquidity through active management of the portfolio by investing in high quality debt and money market instruments.

Aditya Birla Sun Life Dynamic Bond Fund is a Debt - Dynamic Bond fund was launched on 27 Sep 04. It is a fund with Moderate risk and has given a CAGR/Annualized return of 7.7% since its launch.  Ranked 16 in Dynamic Bond category.  Return for 2024 was 8.8% , 2023 was 6.9% and 2022 was 6% .

Below is the key information for Aditya Birla Sun Life Dynamic Bond Fund

Aditya Birla Sun Life Dynamic Bond Fund
Growth
Launch Date 27 Sep 04
NAV (23 Apr 25) ₹46.3685 ↑ 0.04   (0.08 %)
Net Assets (Cr) ₹1,767 on 31 Mar 25
Category Debt - Dynamic Bond
AMC Birla Sun Life Asset Management Co Ltd
Rating
Risk Moderate
Expense Ratio 1.21
Sharpe Ratio 0.81
Information Ratio 0
Alpha Ratio 0
Min Investment 1,000
Min SIP Investment 1,000
Exit Load 0-90 Days (0.5%),90 Days and above(NIL)
Yield to Maturity 7.33%
Effective Maturity 14 Years 7 Months 20 Days
Modified Duration 7 Years 7 Months 2 Days

Growth of 10,000 investment over the years.

DateValue
31 Mar 20₹10,000
31 Mar 21₹10,824
31 Mar 22₹11,337
31 Mar 23₹12,141
31 Mar 24₹13,078
31 Mar 25₹14,280

Aditya Birla Sun Life Dynamic Bond Fund SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual Returns:
%
Total investment amount is ₹180,000
expected amount after 3 Years is ₹203,125.
Net Profit of ₹23,125
Invest Now

Returns for Aditya Birla Sun Life 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 23 Apr 25

DurationReturns
1 Month 2.8%
3 Month 4.3%
6 Month 5.7%
1 Year 11.7%
3 Year 8.9%
5 Year 7.6%
10 Year
15 Year
Since launch 7.7%
Historical performance (Yearly) on absolute basis
YearReturns
2024 8.8%
2023 6.9%
2022 6%
2021 4.9%
2020 9.7%
2019 -0.9%
2018 5.7%
2017 2.2%
2016 14%
2015 7.4%
Fund Manager information for Aditya Birla Sun Life Dynamic Bond Fund
NameSinceTenure
Mohit Sharma22 Mar 213.94 Yr.
Bhupesh Bameta6 Aug 204.57 Yr.

Data below for Aditya Birla Sun Life Dynamic Bond Fund as on 31 Mar 25

Asset Allocation
Asset ClassValue
Cash2.72%
Debt97%
Other0.28%
Debt Sector Allocation
SectorValue
Government65.45%
Corporate31.54%
Cash Equivalent2.72%
Credit Quality
RatingValue
A2.48%
AA7.71%
AAA89.82%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
7.23% Government Of India (15/04/2039)
Sovereign Bonds | -
20%₹347 Cr33,577,900
7.18% Govt Stock 2037
Sovereign Bonds | -
16%₹277 Cr27,000,000
7.1% Govt Stock 2034
Sovereign Bonds | -
10%₹170 Cr16,590,200
Power Finance Corporation Limited
Debentures | -
7%₹124 Cr12,500
7.34% Govt Stock 2064
Sovereign Bonds | -
7%₹124 Cr11,914,000
Cholamandalam Investment And Finance Company Limited
Debentures | -
5%₹80 Cr8,000
Bharti Telecom Limited
Debentures | -
4%₹76 Cr7,500
State Bank Of India
Debentures | -
4%₹74 Cr75
7.25% Govt Stock 2063
Sovereign Bonds | -
3%₹51 Cr5,000,000
LIC Housing Finance Limited
Debentures | -
3%₹50 Cr5,000

3. SBI Magnum Gilt Fund

(Erstwhile SBI Magnum Gilt Fund - Long Term Plan)

To provide the investors with returns generated through investments in government securities issued by the Central Government and / or a State Government

SBI Magnum Gilt Fund is a Debt - Government Bond fund was launched on 30 Dec 00. It is a fund with Moderate risk and has given a CAGR/Annualized return of 8.1% since its launch.  Ranked 3 in Government Bond category.  Return for 2024 was 8.9% , 2023 was 7.6% and 2022 was 4.2% .

Below is the key information for SBI Magnum Gilt Fund

SBI Magnum Gilt Fund
Growth
Launch Date 30 Dec 00
NAV (23 Apr 25) ₹66.8899 ↑ 0.06   (0.09 %)
Net Assets (Cr) ₹11,489 on 31 Mar 25
Category Debt - Government Bond
AMC SBI Funds Management Private Limited
Rating
Risk Moderate
Expense Ratio 0.94
Sharpe Ratio 0.61
Information Ratio 0
Alpha Ratio 0
Min Investment 5,000
Min SIP Investment 500
Exit Load NIL
Yield to Maturity 6.97%
Effective Maturity 24 Years 14 Days
Modified Duration 10 Years 2 Months 1 Day

Growth of 10,000 investment over the years.

DateValue
31 Mar 20₹10,000
31 Mar 21₹10,724
31 Mar 22₹11,112
31 Mar 23₹11,744
31 Mar 24₹12,773
31 Mar 25₹13,915

SBI Magnum Gilt Fund SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual 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 Magnum Gilt Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 23 Apr 25

DurationReturns
1 Month 3.2%
3 Month 4.8%
6 Month 6%
1 Year 12.2%
3 Year 8.8%
5 Year 6.8%
10 Year
15 Year
Since launch 8.1%
Historical performance (Yearly) on absolute basis
YearReturns
2024 8.9%
2023 7.6%
2022 4.2%
2021 3%
2020 11.7%
2019 13.1%
2018 5.1%
2017 3.9%
2016 16.3%
2015 7.3%
Fund Manager information for SBI Magnum Gilt Fund
NameSinceTenure
Rajeev Radhakrishnan1 Nov 231.33 Yr.
Tejas Soman1 Dec 231.25 Yr.

Data below for SBI Magnum Gilt Fund as on 31 Mar 25

Asset Allocation
Asset ClassValue
Cash10.5%
Debt89.5%
Debt Sector Allocation
SectorValue
Government89.5%
Cash Equivalent10.5%
Credit Quality
RatingValue
AAA100%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
7.34% Govt Stock 2064
Sovereign Bonds | -
37%₹4,219 Cr406,500,000
↓ -7,500,000
6.79% Government Of India (07/10/2034)
Sovereign Bonds | -
36%₹4,009 Cr398,326,400
↑ 27,000,000
7.3% Govt Stock 2053
Sovereign Bonds | -
10%₹1,096 Cr106,000,000
↓ -5,500,000
7.22% State Government Of Haryana 2038
Sovereign Bonds | -
4%₹402 Cr40,000,000
7.13% State Government Of Karnataka 2041
Sovereign Bonds | -
2%₹249 Cr25,048,600
↑ 4,500,000
7.16% State Government Of Madhya Pradesh 2037
Sovereign Bonds | -
1%₹100 Cr10,000,000
Treps
CBLO/Reverse Repo | -
5%₹608 Cr
Net Receivable / Payable
CBLO | -
5%₹574 Cr
8.83% Govt Stock 2041
Sovereign Bonds | -
₹0 Cr00
↓ -80,000,000
7.93% Govt Stock 2033
Sovereign Bonds | -
₹0 Cr00
↓ -6,000,000

4. DSP BlackRock Government Securities Fund

The Scheme aims to generate returns through investments in Central Govt Securities.

DSP BlackRock Government Securities Fund is a Debt - Government Bond fund was launched on 30 Sep 99. It is a fund with Moderate risk and has given a CAGR/Annualized return of 9.3% since its launch.  Ranked 9 in Government Bond category.  Return for 2024 was 10.1% , 2023 was 7.1% and 2022 was 2.7% .

Below is the key information for DSP BlackRock Government Securities Fund

DSP BlackRock Government Securities Fund
Growth
Launch Date 30 Sep 99
NAV (23 Apr 25) ₹97.3127 ↑ 0.14   (0.15 %)
Net Assets (Cr) ₹1,566 on 31 Mar 25
Category Debt - Government Bond
AMC DSP BlackRock Invmt Managers Pvt. Ltd.
Rating
Risk Moderate
Expense Ratio 1.1
Sharpe Ratio 0.52
Information Ratio 0
Alpha Ratio 0
Min Investment 1,000
Min SIP Investment 500
Exit Load 0-7 Days (0.1%),7 Days and above(NIL)
Yield to Maturity 7.04%
Effective Maturity 29 Years 2 Months 26 Days
Modified Duration 11 Years 6 Months

Growth of 10,000 investment over the years.

DateValue
31 Mar 20₹10,000
31 Mar 21₹10,730
31 Mar 22₹11,166
31 Mar 23₹11,651
31 Mar 24₹12,744
31 Mar 25₹13,899

DSP BlackRock Government Securities Fund SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual Returns:
%
Total investment amount is ₹180,000
expected amount after 3 Years is ₹200,132.
Net Profit of ₹20,132
Invest Now

Returns for DSP BlackRock Government Securities Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 23 Apr 25

DurationReturns
1 Month 3.4%
3 Month 4.9%
6 Month 5.9%
1 Year 12.9%
3 Year 8.6%
5 Year 6.8%
10 Year
15 Year
Since launch 9.3%
Historical performance (Yearly) on absolute basis
YearReturns
2024 10.1%
2023 7.1%
2022 2.7%
2021 3.1%
2020 13.1%
2019 12.5%
2018 7.4%
2017 1.4%
2016 15.3%
2015 6.2%
Fund Manager information for DSP BlackRock Government Securities Fund
NameSinceTenure
Sandeep Yadav1 Aug 240.58 Yr.
Shantanu Godambe1 Jun 231.75 Yr.

Data below for DSP BlackRock Government Securities Fund as on 31 Mar 25

Asset Allocation
Asset ClassValue
Cash3.77%
Debt96.23%
Debt Sector Allocation
SectorValue
Government96.23%
Cash Equivalent3.77%
Credit Quality
RatingValue
AAA100%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
7.34% Govt Stock 2064
Sovereign Bonds | -
34%₹555 Cr52,000,000
↓ -3,500,000
7.3% Govt Stock 2053
Sovereign Bonds | -
29%₹473 Cr45,000,000
↓ -3,000,000
7.09% Govt Stock 2054
Sovereign Bonds | -
7%₹112 Cr11,000,000
↓ -4,000,000
7.14% Madhya Pradesh SDL 2043
Sovereign Bonds | -
6%₹103 Cr10,000,000
7.26% Maharashtra SDL 2050
Sovereign Bonds | -
6%₹101 Cr10,000,000
7.1% Govt Stock 2034
Sovereign Bonds | -
5%₹90 Cr8,500,000
↑ 8,500,000
8.17% Govt Stock 2044
Sovereign Bonds | -
4%₹58 Cr5,000,000
7.14% Maharashtra SDL 2039
Sovereign Bonds | -
3%₹50 Cr5,000,000
7.85% MP Sdl 2032
Sovereign Bonds | -
2%₹27 Cr2,500,000
7.22% Maharashtra SDL 2049
Sovereign Bonds | -
1%₹15 Cr1,500,000

5. ICICI Prudential Long Term Bond Fund

(Erstwhile ICICI Prudential Income Plan)

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 Long Term Bond Fund is a Debt - Longterm Bond fund was launched on 9 Jul 98. It is a fund with Moderate risk and has given a CAGR/Annualized return of 8.6% since its launch.  Ranked 12 in Longterm Bond category.  Return for 2024 was 10.1% , 2023 was 6.8% and 2022 was 1.3% .

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

ICICI Prudential Long Term Bond Fund
Growth
Launch Date 9 Jul 98
NAV (23 Apr 25) ₹90.7205 ↑ 0.07   (0.08 %)
Net Assets (Cr) ₹1,078 on 31 Mar 25
Category Debt - Longterm Bond
AMC ICICI Prudential Asset Management Company Limited
Rating
Risk Moderate
Expense Ratio 1.97
Sharpe Ratio 1.03
Information Ratio 0
Alpha Ratio 0
Min Investment 5,000
Min SIP Investment 1,000
Exit Load NIL
Yield to Maturity 7.09%
Effective Maturity 23 Years 1 Month 6 Days
Modified Duration 9 Years 6 Months 7 Days

Growth of 10,000 investment over the years.

DateValue
31 Mar 20₹10,000
31 Mar 21₹10,493
31 Mar 22₹10,688
31 Mar 23₹11,063
31 Mar 24₹12,017
31 Mar 25₹13,198

ICICI Prudential Long Term Bond Fund SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual Returns:
%
Total investment amount is ₹180,000
expected amount after 3 Years is ₹197,169.
Net Profit of ₹17,169
Invest Now

Returns for ICICI Prudential Long 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 23 Apr 25

DurationReturns
1 Month 3%
3 Month 4.9%
6 Month 6.7%
1 Year 12.6%
3 Year 8.6%
5 Year 5.7%
10 Year
15 Year
Since launch 8.6%
Historical performance (Yearly) on absolute basis
YearReturns
2024 10.1%
2023 6.8%
2022 1.3%
2021 0.4%
2020 11%
2019 12.1%
2018 6.8%
2017 4.1%
2016 15.7%
2015 5.1%
Fund Manager information for ICICI Prudential Long Term Bond Fund
NameSinceTenure
Manish Banthia22 Jan 241.11 Yr.
Raunak Surana22 Jan 241.11 Yr.

Data below for ICICI Prudential Long Term Bond Fund as on 31 Mar 25

Asset Allocation
Asset ClassValue
Cash5.41%
Debt94.36%
Other0.23%
Debt Sector Allocation
SectorValue
Government77.89%
Corporate16.47%
Cash Equivalent5.41%
Credit Quality
RatingValue
AAA100%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
7.34% Govt Stock 2064
Sovereign Bonds | -
32%₹391 Cr37,701,500
↑ 2,500,000
7.18% Govt Stock 2037
Sovereign Bonds | -
18%₹222 Cr21,603,830
6.92% Govt Stock 2039
Sovereign Bonds | -
8%₹101 Cr10,063,500
↓ -8,000,000
7.23% Government Of India (15/04/2039)
Sovereign Bonds | -
6%₹72 Cr7,000,000
The Great Eastern Shipping Company Limited
Debentures | -
4%₹53 Cr536
HDFC Bank Limited
Debentures | -
4%₹51 Cr5,000
↓ -2,500
LIC Housing Finance Limited
Debentures | -
4%₹50 Cr500
7.12% Maharashtra SDL 2038
Sovereign Bonds | -
4%₹49 Cr4,960,700
↑ 4,960,700
7.14% Maharashtra SDL 2039
Sovereign Bonds | -
3%₹40 Cr4,000,000
↑ 4,000,000
7.09% Govt Stock 2054
Sovereign Bonds | -
3%₹35 Cr3,500,000

6. ICICI Prudential Constant Maturity Gilt Fund

The Scheme aims to provide reasonable returns by investing in portfolio of Government Securities with average maturity of around 10 years. However, there can be no assurance that the investment objective of the Scheme will be realized.

ICICI Prudential Constant Maturity Gilt Fund is a Debt - 10 Yr Govt Bond fund was launched on 12 Sep 14. It is a fund with Moderate risk and has given a CAGR/Annualized return of 8.9% since its launch.  Ranked 6 in 10 Yr Govt Bond category.  Return for 2024 was 9.3% , 2023 was 7.7% and 2022 was 1.2% .

Below is the key information for ICICI Prudential Constant Maturity Gilt Fund

ICICI Prudential Constant Maturity Gilt Fund
Growth
Launch Date 12 Sep 14
NAV (23 Apr 25) ₹24.6915 ↓ 0.00   (-0.01 %)
Net Assets (Cr) ₹2,537 on 31 Mar 25
Category Debt - 10 Yr Govt Bond
AMC ICICI Prudential Asset Management Company Limited
Rating
Risk Moderate
Expense Ratio 0.39
Sharpe Ratio 1.14
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 9.83%
Effective Maturity 9 Years 9 Months 29 Days
Modified Duration 6 Years 10 Months 13 Days

Growth of 10,000 investment over the years.

DateValue
31 Mar 20₹10,000
31 Mar 21₹10,799
31 Mar 22₹11,205
31 Mar 23₹11,591
31 Mar 24₹12,568
31 Mar 25₹13,796

ICICI Prudential Constant Maturity Gilt Fund SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual 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 Constant Maturity Gilt Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 23 Apr 25

DurationReturns
1 Month 2.9%
3 Month 4.7%
6 Month 6.7%
1 Year 12.6%
3 Year 8.6%
5 Year 6.6%
10 Year
15 Year
Since launch 8.9%
Historical performance (Yearly) on absolute basis
YearReturns
2024 9.3%
2023 7.7%
2022 1.2%
2021 2.8%
2020 13.6%
2019 12.8%
2018 9.7%
2017 2.4%
2016 16.2%
2015 6.9%
Fund Manager information for ICICI Prudential Constant Maturity Gilt Fund
NameSinceTenure
Manish Banthia22 Jan 241.11 Yr.
Raunak Surana22 Jan 241.11 Yr.

Data below for ICICI Prudential Constant Maturity Gilt Fund as on 31 Mar 25

Asset Allocation
Asset ClassValue
Cash3.14%
Debt96.86%
Debt Sector Allocation
SectorValue
Government96.86%
Cash Equivalent3.14%
Credit Quality
RatingValue
AAA100%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
7.1% Govt Stock 2034
Sovereign Bonds | -
44%₹1,121 Cr109,556,400
↓ -62,500,000
6.64% Govt Stock 2035
Sovereign Bonds | -
39%₹988 Cr100,000,000
↑ 70,000,000
7.18% Govt Stock 2037
Sovereign Bonds | -
8%₹200 Cr19,500,000
6.19% Govt Stock 2034
Sovereign Bonds | -
2%₹48 Cr5,000,000
6.92% Govt Stock 2039
Sovereign Bonds | -
1%₹35 Cr3,500,000
↓ -2,500,000
7.23% Government Of India (15/04/2039)
Sovereign Bonds | -
1%₹31 Cr3,000,000
6.67% Govt Stock 2035
Sovereign Bonds | -
1%₹25 Cr2,500,000
6.79% Government Of India (07/10/2034)
Sovereign Bonds | -
0%₹6 Cr549,300
↓ -3,000,000
7.18% Govt Stock 2033
Sovereign Bonds | -
0%₹1 Cr72,600
Net Current Assets
Net Current Assets | -
2%₹56 Cr

7. SBI Magnum Constant Maturity Fund

(Erstwhile SBI Magnum Gilt Fund Short Term)

To provide the investors with the returns generated through investments in government securities issued by the Central Govt. and State Govt.

SBI Magnum Constant Maturity Fund is a Debt - 10 Yr Govt Bond fund was launched on 30 Dec 00. It is a fund with Moderately Low risk and has given a CAGR/Annualized return of 7.9% since its launch.  Ranked 1 in 10 Yr Govt Bond category.  Return for 2024 was 9.1% , 2023 was 7.5% and 2022 was 1.3% .

Below is the key information for SBI Magnum Constant Maturity Fund

SBI Magnum Constant Maturity Fund
Growth
Launch Date 30 Dec 00
NAV (23 Apr 25) ₹63.8107 ↓ -0.02   (-0.03 %)
Net Assets (Cr) ₹1,831 on 31 Mar 25
Category Debt - 10 Yr Govt Bond
AMC SBI Funds Management Private Limited
Rating
Risk Moderately Low
Expense Ratio 0.64
Sharpe Ratio 1
Information Ratio 0
Alpha Ratio 0
Min Investment 5,000
Min SIP Investment 500
Exit Load NIL
Yield to Maturity 6.74%
Effective Maturity 9 Years 9 Months 29 Days
Modified Duration 6 Years 9 Months 22 Days

Growth of 10,000 investment over the years.

DateValue
31 Mar 20₹10,000
31 Mar 21₹10,595
31 Mar 22₹10,971
31 Mar 23₹11,385
31 Mar 24₹12,324
31 Mar 25₹13,484

SBI Magnum Constant Maturity Fund SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual 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 Magnum Constant Maturity Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 23 Apr 25

DurationReturns
1 Month 2.8%
3 Month 4.5%
6 Month 6.3%
1 Year 12.2%
3 Year 8.5%
5 Year 6.1%
10 Year
15 Year
Since launch 7.9%
Historical performance (Yearly) on absolute basis
YearReturns
2024 9.1%
2023 7.5%
2022 1.3%
2021 2.4%
2020 11.6%
2019 11.9%
2018 9.9%
2017 6.2%
2016 12.8%
2015 9.1%
Fund Manager information for SBI Magnum Constant Maturity Fund
NameSinceTenure
Rajeev Radhakrishnan1 Nov 231.33 Yr.
Tejas Soman1 Dec 231.25 Yr.

Data below for SBI Magnum Constant Maturity Fund as on 31 Mar 25

Asset Allocation
Asset ClassValue
Cash3.09%
Debt96.91%
Debt Sector Allocation
SectorValue
Government96.91%
Cash Equivalent3.09%
Credit Quality
RatingValue
AAA100%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
7.1% Govt Stock 2034
Sovereign Bonds | -
72%₹1,320 Cr129,000,000
7.18% Govt Stock 2037
Sovereign Bonds | -
25%₹467 Cr45,500,000
Net Receivable / Payable
CBLO | -
2%₹42 Cr
Treps
CBLO/Reverse Repo | -
1%₹15 Cr

8. ICICI Prudential Gilt Fund

(Erstwhile ICICI Prudential Long Term Gilt Fund)

To generate income through investment in Gilts of various maturities.

ICICI Prudential Gilt Fund is a Debt - Government Bond fund was launched on 19 Aug 99. It is a fund with Moderate risk and has given a CAGR/Annualized return of 9.5% since its launch.  Ranked 5 in Government Bond category.  Return for 2024 was 8.2% , 2023 was 8.3% and 2022 was 3.7% .

Below is the key information for ICICI Prudential Gilt Fund

ICICI Prudential Gilt Fund
Growth
Launch Date 19 Aug 99
NAV (23 Apr 25) ₹102.742 ↑ 0.03   (0.03 %)
Net Assets (Cr) ₹7,133 on 31 Mar 25
Category Debt - Government Bond
AMC ICICI Prudential Asset Management Company Limited
Rating
Risk Moderate
Expense Ratio 1.12
Sharpe Ratio 0.87
Information Ratio 0
Alpha Ratio 0
Min Investment 5,000
Min SIP Investment 1,000
Exit Load NIL
Yield to Maturity 6.94%
Effective Maturity 15 Years 9 Months 14 Days
Modified Duration 7 Years 22 Days

Growth of 10,000 investment over the years.

DateValue
31 Mar 20₹10,000
31 Mar 21₹10,828
31 Mar 22₹11,265
31 Mar 23₹11,915
31 Mar 24₹12,953
31 Mar 25₹14,074

ICICI Prudential Gilt Fund SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual 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 Gilt Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 23 Apr 25

DurationReturns
1 Month 2.5%
3 Month 4.2%
6 Month 6%
1 Year 11%
3 Year 8.5%
5 Year 6.8%
10 Year
15 Year
Since launch 9.5%
Historical performance (Yearly) on absolute basis
YearReturns
2024 8.2%
2023 8.3%
2022 3.7%
2021 3.8%
2020 12.6%
2019 10.8%
2018 6.8%
2017 2.1%
2016 18.2%
2015 5.5%
Fund Manager information for ICICI Prudential Gilt Fund
NameSinceTenure
Manish Banthia22 Jan 241.11 Yr.
Raunak Surana22 Jan 241.11 Yr.

Data below for ICICI Prudential Gilt Fund as on 31 Mar 25

Asset Allocation
Asset ClassValue
Cash9.99%
Debt90.01%
Debt Sector Allocation
SectorValue
Government90.01%
Cash Equivalent9.99%
Credit Quality
RatingValue
AAA100%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
7.1% Govt Stock 2034
Sovereign Bonds | -
33%₹2,109 Cr206,066,000
↓ -30,000,000
7.34% Govt Stock 2064
Sovereign Bonds | -
21%₹1,360 Cr131,038,200
↑ 25,000,000
7.93% Govt Stock 2033
Sovereign Bonds | -
15%₹968 Cr94,096,700
7.3% Govt Stock 2028
Sovereign Bonds | -
7%₹427 Cr42,500,000
7.12% Maharashtra SDL 2038
Sovereign Bonds | -
3%₹214 Cr21,496,400
↑ 21,496,400
91 Days Tbill Red 24-04-2025
Sovereign Bonds | -
3%₹189 Cr19,000,000
7.14% Maharashtra SDL 2039
Sovereign Bonds | -
3%₹180 Cr18,000,000
↑ 18,000,000
91 DTB 17042025
Sovereign Bonds | -
3%₹174 Cr17,500,000
↓ -10,000,000
7.09% Govt Stock 2054
Sovereign Bonds | -
2%₹151 Cr15,000,000
7.18% Govt Stock 2033
Sovereign Bonds | -
2%₹109 Cr10,567,890
↓ -262,500

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.
How helpful was this page ?
Rated 5, based on 2 reviews.
POST A COMMENT