Top-rated Debt Mutual Funds You Should Look to Invest in
Last Updated : March 7, 2020, 3:20 p.m.
Do you want to ensure capital safety along with stable returns being a conservative investor? If so, then the best way you can achieve this is by investing in debt mutual funds that have in them to ensure the same. The Indian asset management space is flush with such funds that invest predominantly in fixed income instruments such as bonds, debentures, etc. What if the debt fund you choose has a good rating? You would like to invest in it, won’t you? After all, a good rating is assigned mostly because of the good performance the fund must have delivered over the years. The rating, which is given in 1-5 stars, also takes into account the quality of the instruments where the particular fund has invested the money in. This post will brief you on those top-rated debt mutual fund schemes.
List of Top-rated Debt Mutual Fund Schemes
Check out the table below showing a list of top-rated debt mutual fund schemes.
| Debt Mutual Funds | Rating | 1-year Return | 3-year Return | 5-year Return | 10-year Return |
|---|---|---|---|---|---|
| Axis Banking & PSU Debt Fund | 5 Star | 10.66% | 8.26% | 8.43% | - |
| Reliance Liquid Fund | 5 Star | 7.51% | 7.11% | 7.62% | 7.84% |
| Axis Liquid Fund | 5 Star | 7.43% | 7.11% | 7.62% | - |
| Baroda Liquid Fund | 5 Star | 7.40% | 7.10% | 7.63% | 7.85% |
| HDFC Short Term Debt Fund | 5 Star | 9.24% | 7.69% | 8.37% | - |
| Franklin India Short Term Income Plan - Retail Plan | 5 Star | 8.29% | 8.49% | 8.79% | 8.73% |
| Baroda Short Term Bond Fund | 5 Star | 8.96% | 8.10% | 8.48% | - |
| Franklin India Dynamic Accrual Fund | 5 Star | 8.69% | 8.51% | 9.56% | 8.14% |
Note – The data is sourced from Value Research as on August 5, 2019, and pertains to the regular plan of the schemes shown above.
How to Invest in Top-rated Debt Funds Online?
Investing in a top-rated debt mutual fund is easy at Wishfin, a neutral online marketplace that has in it the best of mutual fund schemes offered by AMCs across India. You need to follow the steps described below before investing in a fund.
- Go to www.wishfin.com
- 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 so that you can login.
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”.
