Best Debt Mutual Funds That you should never afford to miss. In this article, we will know about the Debt related mutual funds which are the best in the segment pertaining to the returns they offer which may be from short term to long term. Find complete details about Best Debt Mutual Funds. These mutual funds are those which receive the money from the investors and invest them in the debt market. The returns which they provide is replica of how they get returns in form of interest. Most of the investors are not aware about the benefits that these mutual funds provide and so try to keep it within the banks as fixed deposits or savings account. There are various benefits which are far better than those offered by the banks. Now check more details about “Best Debt Mutual Funds” from below….
Best Debt Mutual Funds:
The Mutual Funds are best for those who are not having the knowledge of the market, so this mutual funds invest on behalf of the investor and get them returns cutting some profit. It is equivalent to depositing the same to the banks.
1. Best Liquid Funds :
These are the shortest term bond which mature within a period of 3 months. Those who need money here and there and can’t invest for long period, should invest here. Some of the best:
(A) Axis Liquid Fund – Regular Plan (DD)
- Launch Date – October, 2009
- Asset Size – Rs. 4227 Cr
- Last Dividend – Rs 0.46
- Returns – 1 month – 0.6%, 3 months – 1.9%, 6 months – 3.8%
- CRISIL Ranking –
(B) HDFC Liquid Fund – Premium Plan (G)
- Launch Date – February, 2003
- Asset Size – Rs. 50 Cr
- Last Dividend –N.A.
- Returns – 1 month – 0.6%, 3 months – 1.9%, 6 months – 3.8%
- CRISIL Ranking – Not Ranked
2. Best Short term Debts :
These mutual funds are such which matures within a period of 3 months to 1 year. The investor who want to park there money for 1 year should choose from any of the following.
(A) Birla Sun life Short term Fund – Direct Plan (MD)
- Launch Date – January, 2013
- Asset Size – Rs. 6563 Cr
- Last Dividend – Rs. 0.07
- Returns – 3 months – 2%, 6 months – 4.2%, 1 year – 8.7%
- CRISIL Ranking – Not Ranked
(B) HDFC Short term Plan – Direct Plan (D)
- Launch date – January, 2013
- Asset Size – Rs. 227 Cr
- Last Dividend – Rs. 0.02
- Returns – 3 months – 2.3%, 6 months – 4.8%, 1 year – 9.7%
- CRISIL Ranking – Not Ranked
3. Best Dynamic Funds –
These are the funds which are basically for the long term investors who want to give there money for longer period say from 1 to 5 years. The best dynamic funds are.
(A) TATA Dynamic Bond Fund – Regular Fund (G)
- Launch Date – September, 2003
- Asset Size – Rs. 597 Cr
- Last Dividend – N.A.
- Returns – 1 year – 5.8%, 2 year – 10.1%, 5 year – 9.7%
- CRISIL Ranking – Very Good
(B) IDFC Dynamic Bond Fund – Regular Plan (G)
- Launch Date – December, 2008
- Asset Size – Rs. 3197 Cr
- Last Dividend – N.A.
- Returns – 1 year – 4.7%, 2 year – 10.4%, 5 years – 9.8%
- CRISIL Ranking – Good
4. Best Gilt Funds –
These funds are those in which the money accumulated is used in the securities of government bonds or securities. These are the best way to invest in case of continuous decrease in rates of bank interest. Some of the best gilt funds.
(A) SBI Magnum Gilt – Long term Plan (G)
- Launch Date – January, 2001
- Asset Size – Rs. 937 Cr
- Last Dividend – N.A.
- Returns – 1 year – 5.2%, 2 years – 13.1%, 5 years – 10%
- CRISIL Ranking – Very Good
(B) HDFC Gilt Fund – Long term Plan (G)
- Launch Date – July, 2001
- Asset Size – Rs. 1998 Cr
- Last Dividend – N.A.
- Returns – 1 year – 5.3%, 2 years – 12.3%, 5 years – 8.5%
- CRISIL Ranking – Good
Disclaimer:
This article has been hand written by the author. Any Information or any suggestion given in the article is only from personal opinion and do not create any liability on the part of author.
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