Barrier Breached – These Debt Mutual Funds Have Clocked Double-digit Returns


  • Will you be surprised to know that debt funds have given double digit returns? Well, it's a truth
  • These funds include ICICI Prudential Long-term Bond Fund, SBI Magnum Gilt Fund

If someone says a debt mutual fund, which invests largely in fixed income instruments, has clocked double-digit returns, most look to the particular individual with a sense of surprise in their eyes. Such has been the pattern of debt funds that returns remain mostly in the range of 7%-9%. But there are some that have broken the double-digit barrier.

The fund managers taking stock of these funds must have used their market insights better to bring such a result for investors to cheer. The reason for such double-digits could be a well-diversified portfolio aided by the quality of financial instruments where these funds must have allocated the assets of investors. Without any further delay, let’s bring those debt mutual funds to the fore that have broken the double-digit barrier.

Debt Mutual Funds with Double-digit Returns Unfolds Here

The table below shows that elusive club of debt mutual funds, take a look.

Debt Mutual FundsRatingTime Taken to Achieve Double-digit Returns
ICICI Prudential Long Term Bond Fund
UnratedLast 1 year -16.84%

Last 5 years - 10.48%
Reliance Dynamic Bond Fund3 StarLast 1 year - 11.99%
SBI Dynamic Bond Fund4 StarLast 1 year - 14.43%
Axis Dynamic Bond Fund3 StarLast 1 year - 12.35%
ICICI Prudential All Seasons Bond Fund 4 StarLast 1 year - 10.15%

Last 5 years - 10.15%
DSP Govt Sec Fund 3 StarLast 1 year -16.34%

Last 5 years - 10.08%
Reliance Gilt Securities Fund5 StarLast 1 year - 16.80%

Last 5 years - 11.32%
Aditya Birla Sun Life Government Securities Fund 4 StarLast 1 year - 15.99%

Last 5 years - 11.11%
SBI Magnum Gilt Fund4 StarLast 1 year - 15.82%

Last 5 years - 11.20%
UTI Gilt Fund 4 StarLast 1 year - 15.53%

Last 5 years - 11.06%
HDFC Corporate Bond Fund4 StarLast 1 year - 10.95%
Aditya Birla Sun Life Corporate Bond Fund 5 StarLast 1 year - 10.25%
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Note – The data is sourced from Value Research as on August 6, 2019, and pertains to the regular plan of the schemes shown above.

How to Invest in These Debt Mutual Funds Online?

After a look at the debt funds that have provided double-digit returns, you would be anxious to invest in those, won’t you? You can invest in such funds at Wishfin, an online financial marketplace that puts top-performing mutual fund schemes across categories for investors to choose from. You need to follow a few steps to start investing in debt mutual funds.

  • Go to
  • Click on ‘Mutual Funds’
  • Go to ‘Register’
  • Enter your mobile number
  • Click on ‘Get Started’
  • Mention your name, email ID, the city you live in
  • Create a password that conforms to alphabet, numeric and special character requirements
  • Click on ‘Sign Up’

Your account will be created after mentioning a few more details.

After Login

  • Go to ‘Explore Mutual Funds’
  • Click on ‘Debt’ icon
  • A list of debt funds with different ratings, denoted in stars, will flash on the screen
  • Click on ‘Invest’ below any of the top-rated schemes you wish to invest in

Disclaimer – “Mutual fund investments are subject to market risks. Please read the scheme document carefully before investing”.

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