Check Free CIBIL Score Online

Five Best Performing Medium Term Duration Debt Funds to Invest in

Highlights

  • Want to invest in medium duration debt funds? Make sure your risk-appetite is slightly higher than what’s required in other debt funds
  • Choose from the top-performing medium duration debt funds shown in this post

Medium term duration debt funds or medium term debt funds are a type of debt funds that invest in medium duration debt securities (3-4 year maturities). To know more about medium duration funds, their benefits and should you invest in them, you can read another post of ours:https://www.wishfin.com/mutual-fund/medium-duration-debt-funds-definition-factors-should-you-invest-in-them/. Let us now look at the five best performing medium duration funds.

Top Mutual Funds to Invest in Now

Best Performing Medium Term Duration Debt Funds

Axis Strategic Bond Fund

This fund is offered by Axis Mutual Fund. These are the key points about this fund:

  • This fund was launched on 28th March 2012 and has delivered 8.74% annualized returns since launch.
  • The fund manages an AUM of INR 842 crores.
  • The benchmark is the Nifty Medium Duration Debt Index.
  • It is rated four stars by Value Research.
  • The portfolio has 63 securities with an average maturity of 4.40 years and a yield to maturity of 8.46%
  • The credit quality of the portfolio is a mix of AAA & AA with more than 75% in AAA, cash and sovereign-rated papers.

HDFC Medium Term Debt Fund

This fund is offered by HDFC Mutual Fund. These are the key points about this fund:

  • This fund was launched on 6th Feb 2002 and has delivered 7.97% annualized returns since launch.
  • The fund manages an AUM of INR 912 crores.
  • The benchmark is the Nifty Medium Duration Debt Index.
  • It is rated four stars by Value Research.
  • The portfolio has 45 securities with an average maturity of 4.66 years and a yield to maturity of 9.37%
  • The credit quality of the portfolio is a mix of AAA & AA with more than 60% in AAA, cash and sovereign-rated papers.
People Also Look For  What are the Types of Mutual Funds?

IDFC Bond Fund – Medium Term Plan

This fund is offered by IDFC Mutual Fund. These are the key points about this fund:

  • This fund was launched on 8th July 2003 and has delivered 7.79% annualized returns since launch.
  • The fund manages an AUM of INR 2,973 crores.
  • The benchmark is the Nifty AAA medium duration bond index
  • It is rated four stars by Value Research.
  • The portfolio has 30 securities with an average maturity of 4.38 years and a yield to maturity of 6.00%
  • The credit quality of the portfolio is a mix of AAA & AA with more than 90% in AAA, cash and sovereign-rated papers.

ICICI Prudential Medium Term Bond Fund

This fund is offered by ICICI Prudential Mutual Fund. These are the key points about this fund:

  • This fund was launched on 15th Sep 2004 and has delivered 7.62% annualized returns since launch.
  • The fund manages an AUM of INR 4,960 crores.
  • The benchmark is CRISIL Medium Duration Debt Index.
  • It is rated four stars by Value Research.
  • The portfolio has 82 securities with an average maturity of 5.02 years and a yield to maturity of 8.54%
  • The credit quality of the portfolio is good with more than 65% in AAA and sovereign-rated papers.

SBI Magnum Medium Duration Fund

This fund is offered by SBI Mutual Fund. These are the key points about this fund:

  • This fund was launched on 12th Nov 2003 and has delivered 8.26% annualized returns since launch.
  • The fund manages an AUM of INR 3,246 crores.
  • The benchmark is the Nifty Medium Duration Debt Index.
  • It is rated five stars by Value Research.
  • The portfolio has 60 securities with an average maturity of 4.77years and a yield to maturity of 7.76%
  • The credit quality of the portfolio is good with more than 70% in AAA and sovereign-rated papers.
People Also Look For  ULIP or Mutual Fund-choose the right tool to build strong investment portfolio

Let us now look at the returns delivered by these funds.

Returns of Medium Term Duration Debt Funds

The table below shows the returns of medium term duration debt funds in % terms for regular plans.

Fund NameLast 6 MonthsLast 1 YearLast 3 Years
Axis Bond5.0610.367.42
HDFC Medium Term4.178.887.20
IDFC Medium term7.1311.828.26
ICICI Medium4.4710.357.16
SBI Medium6.6612.938.85

These returns are dated 3rd July 2020

If you are looking for investment in debt funds with no risk, it is advisable to invest in overnight or liquid funds. To know the best overnight and liquid funds, you can read other posts of ours.

Best Overnight Funds- https://www.wishfin.com/mutual-fund/five-best-overnight-debt-funds-to-invest-in/

Best Liquid Funds- https://www.wishfin.com/mutual-fund/5-best-performing-liquid-funds-to-invest-in/

People Also Look For