Best Performing Debt Mutual Funds 15 Oct 2021
Looking for top performing debt mutual funds in India? Below are the best debt mutual funds, measured by their relative performance. Are these the best mutual funds to invest in right now? Not necessarily. These are the mutual funds that have fared better when compared to other debt mutual funds in same category.
There are many debt mutual funds that have generated excess returns when compared to their respective benchmark indices. These are the mutual funds that would have created wealth for you, if you would’ve made investments in them via lump sum or via Systematic Investment Plan (SIP). But only the most consistent mutual fund will have the ability to generate wealth over the long term.
NAME
1Y%
ER%
AUM
Quant Liquid Plan
4.0
0.9
376
IDBI Liquid Fund
3.4
0.2
1078
Mahindra Manulife Liquid Fund
3.3
0.3
1611
Mirae Asset Cash Management Fund
3.3
0.3
3840
BNP Paribas Liquid Fund
3.3
0.2
878
Baroda Liquid Fund
3.2
0.3
5139
Sundaram Money Fund
3.2
0.3
2298
JM Liquid Fund
3.2
0.2
980
Union Liquid Fund
3.2
0.2
1097
UTI Liquid Cash Fund
3.2
0.2
25989
NAME
1Y%
ER%
AUM
Edelweiss Government Securities Fund
6.2
1.3
113
Kotak Gilt Investment Provident Fund and Trust Plan
5.0
1.4
1789
Kotak Gilt Investment
5.0
1.5
1789
ICICI Prudential Gilt Fund
4.6
1.2
3243
Aditya Birla Sun Life Government Securities Fund
4.5
0.9
971
DSP Government Securities Fund
4.2
1.1
439
Axis Gilt Fund
4.0
1.0
150
SBI Magnum Gilt Fund
3.7
1.0
3689
PGIM India Gilt Fund
3.7
1.5
136
UTI Gilt Fund
3.4
0.9
619
NAME
1Y%
ER%
AUM
BOI AXA Overnight Fund
3.1
0.2
24
PGIM India Overnight Fund
3.1
0.1
230
Baroda Overnight Fund
3.1
0.2
476
Mirae Asset Overnight Fund
3.1
0.2
572
Axis Overnight Fund
3.1
0.2
9944
Canara Robeco Overnight Fund
3.1
0.1
255
JM Overnight Fund
3.1
0.1
57
Edelweiss Overnight Fund
3.1
0.2
984
Mahindra Manulife Overnight Fund
3.0
0.2
78
UTI Overnight Fund
3.0
0.1
7068
NAME
1Y%
ER%
AUM
Franklin India Dynamic Accrual Fund
17.5
0.1
334
UTI Dynamic Bond Fund
11.6
1.6
247
HDFC Dynamic Debt Fund
8.7
1.8
511
IIFL Dynamic Bond Fund
6.7
0.5
754
Baroda Dynamic Bond Fund
6.4
1.6
19
IDBI Dynamic Bond Fund
6.4
1.2
28
Axis All Seasons Debt FoF
6.1
0.6
166
Aditya Birla Sun Life Dynamic Bond Fund
5.5
1.7
1584
ICICI Prudential All Seasons Bond Fund
5.5
1.4
6124
Aditya Birla Sun Life Active Debt MultiManager FoF Scheme
5.4
0.7
10
NAME
1Y%
ER%
AUM
Franklin India Ultra Short Bond Fund Super Institutional Plan
9.6
No Data
813
Nippon India Ultra Short Duration Fund
8.3
1.1
2872
UTI Ultra Short Term Fund
6.4
1.0
1933
IDBI Ultra Short Term Fund
4.3
0.6
328
ICICI Prudential Ultra Short Term Fund
4.2
0.9
9692
Aditya Birla Sun Life Savings Fund
4.2
0.5
17747
YES Ultra Short Term Fund
4.0
0.8
71
HDFC Ultra Short Term Fund
3.8
0.6
16705
Baroda Ultra Short Duration Fund
3.6
0.4
108
HSBC Ultra Short Duration Fund
3.5
0.5
1994
NAME
1Y%
ER%
AUM
Franklin India Short Term Income Plan Retail Plan
20.1
0.1
1195
Sundaram Short Term Debt Fund
13.4
1.0
380
IDBI Short Term Bond Fund
13.0
0.8
29
UTI Short Term Income Fund
9.3
1.0
3732
Nippon India Short Term Fund
5.4
1.2
10553
ICICI Prudential Short Term Fund
5.0
1.1
21345
HDFC Short Term Debt Fund
4.9
0.8
19436
Aditya Birla Sun Life Short Term Fund
4.9
1.1
8227
Axis Short Term Fund
4.4
1.0
12338
Kotak Bond Short Term Regular Fund
4.4
1.2
17160
NAME
1Y%
ER%
AUM
Franklin India Low Duration Fund
16.3
0.1
97
Sundaram Low Duration Fund
12.0
1.0
531
UTI Treasury Advantage Fund
9.3
0.4
3637
Baroda Treasury Advantage Fund
6.9
0.9
30
ICICI Prudential Savings Fund
5.1
0.5
28496
Nippon India Low Duration Fund
4.6
1.0
8298
HDFC Low Duration Fund
4.6
1.0
22082
Axis Treasury Advantage Fund
4.1
0.6
10509
Kotak Low Duration Fund Standard Plan
4.1
1.2
10205
Aditya Birla Sun Life Low Duration Fund
4.0
1.2
17539
NAME
1Y%
ER%
AUM
UTI Bond Fund
10.3
1.6
294
ICICI Prudential Debt Management Fund (FOF)
5.7
0.8
182
Aditya Birla Sun Life Income Fund
5.5
0.8
3128
Kotak Bond Fund
4.7
1.7
2881
SBI Magnum Income Fund
4.7
1.5
1719
ICICI Prudential Bond Fund
3.8
1.2
2740
HDFC Income Fund
3.1
2.2
627
Tata Income Fund
3.0
2.0
55
HSBC Debt Fund
2.8
2.1
37
Nippon India Income Fund
2.7
1.7
274
NAME
1Y%
ER%
AUM
Franklin India Income Opportunities Fund
19.7
0.1
225
Nippon India Strategic Debt Fund
19.6
2.0
270
Aditya Birla Sun Life Medium Term Plan
7.5
1.6
1627
UTI Medium Term Fund
7.2
1.6
67
L&T Resurgent India Bond Fund
6.7
1.5
1205
HDFC Medium Term Debt Fund
6.6
1.3
4058
ICICI Prudential Medium Term Bond Fund
6.6
1.4
7067
Axis Strategic Bond Fund
6.6
1.1
1686
Kotak Medium Term Fund
6.4
1.6
3023
Tata Medium Term Fund
5.8
1.4
74
NAME
1Y%
ER%
AUM
Edelweiss Banking and PSU Debt Fund
5.3
0.6
458
ICICI Prudential Banking & PSU Debt Fund
5.2
0.8
13950
Kotak Banking and PSU Debt Fund
5.0
0.8
9332
HDFC Banking and PSU Debt Fund
4.7
0.8
9528
Nippon India Banking & PSU Debt Fund
4.7
0.8
6697
Aditya Birla Sun Life Banking & PSU Debt Fund
4.6
0.7
15823
PGIM India Banking & PSU Debt Fund
4.5
0.8
79
Tata Banking & PSU Debt Fund
4.5
0.7
494
Franklin India Banking & PSU Debt Fund
4.3
0.5
841
IDFC Banking & PSU Debt Fund
4.2
0.6
19205
NAME
1Y%
ER%
AUM
Nippon India Corporate Bond Fund
5.7
0.6
3977
Aditya Birla Sun Life Corporate Bond Fund
5.2
0.5
22271
Franklin India Corporate Debt Fund
5.0
0.9
836
HDFC Corporate Bond Fund
5.0
0.6
28361
ICICI Prudential Corporate Bond Fund
4.9
0.6
20980
IDFC Corporate Bond Fund
4.9
0.6
20869
PGIM India Premier Bond Fund
4.9
0.9
70
Kotak Corporate Bond Fund Standard Plan
4.8
0.7
10541
L&T Triple Ace Bond Fund
4.7
0.6
8984
Axis Corporate Debt Fund
4.7
0.9
5483
NAME
1Y%
ER%
AUM
Tata Money Market Fund
4.0
0.4
6945
Aditya Birla Sun Life Money Manager Fund
3.9
0.3
14464
Nippon India Money Market Fund
3.8
0.3
8561
Axis Money Market Fund
3.8
0.4
3372
HDFC Money Market Fund
3.8
0.4
14252
UTI Money Market Fund
3.8
0.3
8822
Kotak Money Market Fund
3.7
0.3
11436
ICICI Prudential Money Market Fund
3.7
0.3
13155
DSP Savings Fund
3.7
0.5
2808
Franklin India Savings Fund Retail Plan
3.6
0.3
1004
NAME
1Y%
ER%
AUM
UTI Credit Risk Fund
22.4
1.6
612
Baroda Credit Risk Fund Plan A
20.9
2.2
206
Franklin India Credit Risk Fund
18.4
0.1
654
IDBI Credit Risk Fund
17.7
1.4
49
Nippon India Credit Risk Fund
14.7
1.6
1014
PGIM India Credit Risk Fund
11.5
1.8
45
BOI AXA Credit Risk Fund
10.2
1.5
74
HDFC Credit Risk Debt Fund
9.1
1.6
8607
Aditya Birla Sun Life Credit Risk Fund
7.6
1.9
1451
ICICI Prudential Credit Risk Fund
7.3
1.6
8053
NAME
1Y%
ER%
AUM
Kotak Floating Rate Fund
5.8
0.6
8734
ICICI Prudential Floating Interest Fund
5.8
1.3
14680
HDFC Floating Rate Debt Fund
5.5
0.5
24158
Nippon India Floating Rate Fund
5.0
0.6
20566
Aditya Birla Sun Life Floating Rate Fund
4.4
0.4
19583
Franklin India Floating Rate Fund
4.3
1.0
376
UTI Floater Fund
3.8
1.3
3001
NAME
1Y%
ER%
AUM
BHARAT Bond ETF April 2030
5.9
0.0
12365
BHARAT Bond FOF April 2030
5.8
0.1
2630
BHARAT Bond ETF April 2031
5.5
0.0
10117
BHARAT Bond FOF April 2031
5.4
0.1
1923
Nippon India Nivesh Lakshya Fund
2.7
0.5
1890
ICICI Prudential Long Term Bond Fund
1.1
2.0
731
NAME
1Y%
ER%
AUM
ICICI Prudential Constant Maturity Gilt Fund
3.8
0.4
382
SBI Magnum Constant Maturity Fund
3.2
0.6
817
IDFC Government Securities Fund Constant Maturity Plan
3.1
0.6
270
SBI ETF 10 Year Gilt
1.8
0.1
3
DSP 10Y GSec Fund
1.5
0.5
42
CATEGORY
AVG
MAX
MIN
Liquid Debt Mutual Funds
3.1
4.0
2.3
Gilt Debt Mutual Funds
3.3
6.2
0.9
Overnight Debt Mutual Funds
3.0
3.1
2.9
Dynamic Bond Debt Mutual Funds
5.0
17.5
1.8
Ultra Short Duration Debt Mutual Funds
3.8
9.6
1.9
Short Duration Debt Mutual Funds
5.5
20.1
3.0
Low Duration Debt Mutual Funds
5.0
16.3
3.3
Medium To Long Duration Debt Mutual Funds
4.0
10.3
2.1
Medium Duration Debt Mutual Funds
6.7
19.7
2.5
Banking And PSU Debt Mutual Funds
4.2
5.3
3.1
Corporate Bond Debt Mutual Funds
4.4
5.7
2.6
Money Market Debt Mutual Funds
3.5
4.0
2.8
Credit Risk Debt Mutual Funds
10.4
22.4
3.2
Floater Debt Mutual Funds
4.9
5.8
3.8
Long Duration Debt Mutual Funds
4.4
5.9
1.1
Gilt Constant Duration Debt Mutual Funds
2.7
3.8
1.5
CATEGORY
AVG
MAX
MIN
Liquid Debt Mutual Funds
0.3
0.9
0.1
Gilt Debt Mutual Funds
1.1
1.9
0.1
Overnight Debt Mutual Funds
0.2
0.3
0.1
Dynamic Bond Debt Mutual Funds
1.2
1.9
0.1
Ultra Short Duration Debt Mutual Funds
0.8
1.6
0.4
Short Duration Debt Mutual Funds
1.0
1.4
0.1
Low Duration Debt Mutual Funds
0.8
1.2
0.1
Medium To Long Duration Debt Mutual Funds
1.3
2.2
0.2
Medium Duration Debt Mutual Funds
1.1
2.2
0.0
Banking And PSU Debt Mutual Funds
0.7
0.8
0.3
Corporate Bond Debt Mutual Funds
0.8
2.1
0.5
Money Market Debt Mutual Funds
0.5
1.0
0.3
Credit Risk Debt Mutual Funds
1.6
2.2
0.1
Floater Debt Mutual Funds
0.7
1.3
0.4
Long Duration Debt Mutual Funds
0.4
2.0
0.0
Gilt Constant Duration Debt Mutual Funds
0.5
0.6
0.1
CATEGORY
AVG
MAX
MIN
Liquid Debt Mutual Funds
7375
47363
35
Gilt Debt Mutual Funds
768
3689
3
Overnight Debt Mutual Funds
3675
22603
11
Dynamic Bond Debt Mutual Funds
912
6124
10
Ultra Short Duration Debt Mutual Funds
3353
17747
22
Short Duration Debt Mutual Funds
4968
21345
26
Low Duration Debt Mutual Funds
5617
28496
30
Medium To Long Duration Debt Mutual Funds
1061
3163
21
Medium Duration Debt Mutual Funds
2360
9793
23
Banking And PSU Debt Mutual Funds
5364
19205
24
Corporate Bond Debt Mutual Funds
7635
28361
24
Money Market Debt Mutual Funds
5852
24968
25
Credit Risk Debt Mutual Funds
1653
8607
45
Floater Debt Mutual Funds
8381
24158
376
Long Duration Debt Mutual Funds
4943
12365
731
Gilt Constant Duration Debt Mutual Funds
303
817
3
1Y% = 1 Year Returns (%)
ER% = Expense Ratio (%)
AUM = Net Assets (Cr)
AVG = Category Average
MAX = Category Maximum
MIN = Category Minimum
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All the plans and schemes listed here are regular mutual fund plans. All the numerical values are rounded off. All the percentage values are absolute values (not annualized values). All the comparisons are relative. Please remember that past performance gives no indication of future results. Please read the website disclaimer before using any information available on this website.
