What is Debt Mutual Funds?
Debt Funds invest the pooled corpus from various investors into securities with fixed income. The securities have a fixed interest rate and maturity tenure. Learn about the basics of the low-risk Debt Mutual Funds in India to become a sophisticated investor.
All
Park Your Savings
Better than FDs
Debt for Long Term
Others
|
Lumpsum 3Y P.a
12.77%
|
SIP 3Y P.a.
17.2%
|
Return Vs Category
High |
Risk Vs Category
Above Average |
Invest | |
|
Lumpsum 3Y P.a
10.96%
|
SIP 3Y P.a.
10.78%
|
Return Vs Category
High |
Risk Vs Category
Above Average |
Invest | |
|
Lumpsum 3Y P.a
10.09%
|
SIP 3Y P.a.
18%
|
Return Vs Category
High |
Risk Vs Category
Above Average |
Invest | |
|
Lumpsum 3Y P.a
7.91%
|
SIP 3Y P.a.
12.2%
|
Return Vs Category
High |
Risk Vs Category
Above Average |
Invest | |
|
Lumpsum 3Y P.a
7.87%
|
SIP 3Y P.a.
9.27%
|
Return Vs Category
High |
Risk Vs Category
Above Average |
Invest | |
|
Lumpsum 3Y P.a
7.83%
|
SIP 3Y P.a.
12.07%
|
Return Vs Category
High |
Risk Vs Category
Above Average |
Invest | |
|
Lumpsum 3Y P.a
7.67%
|
SIP 3Y P.a.
11.27%
|
Return Vs Category
High |
Risk Vs Category
Above Average |
Invest | |
|
Lumpsum 3Y P.a
7.56%
|
SIP 3Y P.a.
10.35%
|
Return Vs Category
High |
Risk Vs Category
Above Average |
Invest | |
|
Lumpsum 3Y P.a
7.23%
|
SIP 3Y P.a.
10.78%
|
Return Vs Category
Low |
Risk Vs Category
Above Average |
Invest | |
|
Lumpsum 3Y P.a
7.02%
|
SIP 3Y P.a.
12.15%
|
Return Vs Category
High |
Risk Vs Category
Above Average |
Invest |
Short Term
Long Term
SIP
Rolling Term
1 Week
0.1%
|
1 Month
0.8%
|
3 Months
2.8%
|
6 Months
4.46%
|
1 Year
8.01%
|
Invest | ||
1 Week
0.16%
|
1 Month
0.76%
|
3 Months
1.91%
|
6 Months
3.66%
|
1 Year
6.99%
|
Invest | ||
1 Week
0.13%
|
1 Month
0.71%
|
3 Months
2%
|
6 Months
3.95%
|
1 Year
15.71%
|
Invest | ||
1 Week
-0.12%
|
1 Month
0.39%
|
3 Months
2.57%
|
6 Months
5.33%
|
1 Year
9.53%
|
Invest | ||
1 Week
0.12%
|
1 Month
0.73%
|
3 Months
2.05%
|
6 Months
3.81%
|
1 Year
7.36%
|
Invest | ||
1 Week
-0.14%
|
1 Month
0.22%
|
3 Months
2.46%
|
6 Months
5.31%
|
1 Year
9.26%
|
Invest | ||
1 Week
0.2%
|
1 Month
0.74%
|
3 Months
2.12%
|
6 Months
3.9%
|
1 Year
7.45%
|
Invest | ||
1 Week
0.13%
|
1 Month
0.64%
|
3 Months
1.87%
|
6 Months
3.72%
|
1 Year
7.34%
|
Invest | ||
1 Week
0.1%
|
1 Month
0.8%
|
3 Months
3.08%
|
6 Months
4.82%
|
1 Year
8.37%
|
Invest | ||
1 Week
-
|
1 Month
1.17%
|
3 Months
3.1%
|
6 Months
5.14%
|
1 Year
10.45%
|
Invest |
2 Years
7.51%
|
3 Years
12.77%
|
5 Years
8.81%
|
Annual Rt
8.58%
|
Invest | ||
2 Years
6.72%
|
3 Years
10.96%
|
5 Years
-0.58%
|
Annual Rt
4.04%
|
Invest | ||
2 Years
11.02%
|
3 Years
10.09%
|
5 Years
8.1%
|
Annual Rt
6.84%
|
Invest | ||
2 Years
7.46%
|
3 Years
7.91%
|
5 Years
8.27%
|
Annual Rt
7.81%
|
Invest | ||
2 Years
6.9%
|
3 Years
7.87%
|
5 Years
7.47%
|
Annual Rt
7.18%
|
Invest | ||
2 Years
7.83%
|
3 Years
7.83%
|
5 Years
6.83%
|
Annual Rt
7.61%
|
Invest | ||
2 Years
6.52%
|
3 Years
7.67%
|
5 Years
6.89%
|
Annual Rt
7.02%
|
Invest | ||
2 Years
7%
|
3 Years
7.56%
|
5 Years
7.05%
|
Annual Rt
7.16%
|
Invest | ||
2 Years
7.54%
|
3 Years
7.23%
|
5 Years
6.76%
|
Annual Rt
7.36%
|
Invest | ||
2 Years
9.39%
|
3 Years
7.02%
|
5 Years
6.62%
|
Annual Rt
8.94%
|
Invest |
1 Year
-
|
2 Years
-
|
3 Years
-
|
5 Years
-
|
Invest | ||
1 Year
-
|
2 Years
-
|
3 Years
-
|
5 Years
-
|
Invest | ||
1 Year
-
|
2 Years
-
|
3 Years
-
|
5 Years
-
|
Invest | ||
1 Year
-
|
2 Years
-
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3 Years
-
|
5 Years
-
|
Invest | ||
1 Year
-
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2 Years
-
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3 Years
-
|
5 Years
-
|
Invest | ||
1 Year
-
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2 Years
-
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3 Years
-
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5 Years
-
|
Invest | ||
1 Year
-
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2 Years
-
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3 Years
-
|
5 Years
-
|
Invest | ||
1 Year
-
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2 Years
-
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3 Years
-
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5 Years
-
|
Invest | ||
1 Year
-
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2 Years
-
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3 Years
-
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5 Years
-
|
Invest | ||
1 Year
-
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2 Years
-
|
3 Years
-
|
5 Years
-
|
Invest |
1 Year
0%
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3 Years
0%
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5 Years
0%
|
Invest | ||
1 Year
0%
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3 Years
0%
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5 Years
0%
|
Invest | ||
1 Year
0%
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3 Years
0%
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5 Years
0%
|
Invest | ||
1 Year
0%
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3 Years
0%
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5 Years
0%
|
Invest | ||
1 Year
0%
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3 Years
0%
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5 Years
0%
|
Invest | ||
1 Year
0%
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3 Years
0%
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5 Years
0%
|
Invest | ||
1 Year
0%
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3 Years
0%
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5 Years
0%
|
Invest | ||
1 Year
0%
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3 Years
0%
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5 Years
0%
|
Invest | ||
1 Year
0%
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3 Years
0%
|
5 Years
0%
|
Invest | ||
1 Year
0%
|
3 Years
0%
|
5 Years
0%
|
Invest |
Standard Deviation
-
|
Alpha
-
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Beta
-
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Sharpe Ratio
-
|
Invest | ||
Standard Deviation
-
|
Alpha
-
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Beta
-
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Sharpe Ratio
-
|
Invest | ||
Standard Deviation
-
|
Alpha
-
|
Beta
-
|
Sharpe Ratio
-
|
Invest | ||
Standard Deviation
-
|
Alpha
-
|
Beta
-
|
Sharpe Ratio
-
|
Invest | ||
Standard Deviation
-
|
Alpha
-
|
Beta
-
|
Sharpe Ratio
-
|
Invest | ||
Standard Deviation
-
|
Alpha
-
|
Beta
-
|
Sharpe Ratio
-
|
Invest | ||
Standard Deviation
-
|
Alpha
-
|
Beta
-
|
Sharpe Ratio
-
|
Invest | ||
Standard Deviation
-
|
Alpha
-
|
Beta
-
|
Sharpe Ratio
-
|
Invest | ||
Standard Deviation
-
|
Alpha
-
|
Beta
-
|
Sharpe Ratio
-
|
Invest | ||
Standard Deviation
-
|
Alpha
-
|
Beta
-
|
Sharpe Ratio
-
|
Invest |
Min SIP
₹1000
|
Min Lumpsum
₹1000
|
Expense Ratio
1.58%
|
Fund Manager
Sunaina da Cunha
|
Launch Date
25-Mar 2009
|
Invest | ||
Min SIP
₹500
|
Min Lumpsum
₹500
|
Expense Ratio
1.63%
|
Fund Manager
Ritesh Nambiar
|
Launch Date
10-Nov 2012
|
Invest | ||
Min SIP
₹100
|
Min Lumpsum
₹100
|
Expense Ratio
1.14%
|
Fund Manager
Vivekanand Ramakrishnan
|
Launch Date
05-May 2003
|
Invest | ||
Min SIP
₹500
|
Min Lumpsum
₹500
|
Expense Ratio
1.54%
|
Fund Manager
Sudhir Agrawal
|
Launch Date
23-Jun 2010
|
Invest | ||
Min SIP
₹250
|
Min Lumpsum
₹5000
|
Expense Ratio
0.85%
|
Fund Manager
Dwijendra Srivastava
|
Launch Date
01-Jan 2013
|
Invest | ||
Min SIP
₹500
|
Min Lumpsum
₹500
|
Expense Ratio
1.62%
|
Fund Manager
Sunil Madhukar Patil
|
Launch Date
17-May 1998
|
Invest | ||
Min SIP
₹500
|
Min Lumpsum
₹500
|
Expense Ratio
0.57%
|
Fund Manager
Anurag Mittal
|
Launch Date
05-Jan 2014
|
Invest | ||
Min SIP
₹500
|
Min Lumpsum
₹500
|
Expense Ratio
0.44%
|
Fund Manager
Anurag Mittal
|
Launch Date
21-Mar 2003
|
Invest | ||
Min SIP
₹1000
|
Min Lumpsum
₹100
|
Expense Ratio
1.57%
|
Fund Manager
Sunaina da Cunha
|
Launch Date
05-Apr 2015
|
Invest | ||
Min SIP
₹100
|
Min Lumpsum
₹5000
|
Expense Ratio
0.6%
|
Fund Manager
Pranay Sinha
|
Launch Date
05-Jul 2018
|
Invest |
Latest NAV
36.7545(24-10-2024)
|
Previous NAV
36.7545(24-10-2024)
|
NAV Change
0.0936%
|
52- Week High NAV
-
|
52- Week Low NAV
-
|
Invest | ||
Latest NAV
16.2075(24-10-2024)
|
Previous NAV
16.2075(24-10-2024)
|
NAV Change
0.0486%
|
52- Week High NAV
-
|
52- Week Low NAV
-
|
Invest | ||
Latest NAV
41.445(24-10-2024)
|
Previous NAV
41.445(24-10-2024)
|
NAV Change
0.0447%
|
52- Week High NAV
-
|
52- Week Low NAV
-
|
Invest | ||
Latest NAV
29.4192(24-10-2024)
|
Previous NAV
29.4192(24-10-2024)
|
NAV Change
0.0871%
|
52- Week High NAV
-
|
52- Week Low NAV
-
|
Invest | ||
Latest NAV
41.9437(24-10-2024)
|
Previous NAV
41.9437(24-10-2024)
|
NAV Change
0.0518%
|
52- Week High NAV
-
|
52- Week Low NAV
-
|
Invest | ||
Latest NAV
69.6308(24-10-2024)
|
Previous NAV
69.6308(24-10-2024)
|
NAV Change
0.0803%
|
52- Week High NAV
-
|
52- Week Low NAV
-
|
Invest | ||
Latest NAV
20.7464(24-10-2024)
|
Previous NAV
20.7464(24-10-2024)
|
NAV Change
0.0481%
|
52- Week High NAV
-
|
52- Week Low NAV
-
|
Invest | ||
Latest NAV
3365.6702(24-10-2024)
|
Previous NAV
3365.6702(24-10-2024)
|
NAV Change
0.0234%
|
52- Week High NAV
-
|
52- Week Low NAV
-
|
Invest | ||
Latest NAV
20.298(24-10-2024)
|
Previous NAV
20.298(24-10-2024)
|
NAV Change
0.095%
|
52- Week High NAV
-
|
52- Week Low NAV
-
|
Invest | ||
Latest NAV
17.1067(24-10-2024)
|
Previous NAV
17.1067(24-10-2024)
|
NAV Change
0.1074%
|
52- Week High NAV
-
|
52- Week Low NAV
-
|
Invest |
Historical Returns
Future Value
Invested Amt.
+Net Profit
=Total Wealth
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Debt instruments work in a similar way as lending money to someone who will pay regular interest. The fund manager of a debt mutual funds invests the corpus in the fixed income securities which generate regular income. The aim is to deliver regular returns to the investors by investing the pooled corpus from numerous investors in securities that ensure fixed income. These securities are cited as fixed income because the interest rate and the maturity tenure of these instruments are pre-defined.
Following are the best debt funds from various categories which have been selected by the research team at MySIPonline after a comprehensive analysis of multi-level parameters. Investors can choose from the list of best debt funds in India for 2019 according to the suitability of the fund.
Debt instruments or debt tools are the securities used by debt mutual funds to achieve their respective objectives. Every type of debt tool has different maturity period, have different quality or risk, and deliver different returns. Many types of debt instruments are used by the fund managers of debt funds. Some of the most common tools have been described below:
Debt funds invest the pooled corpus from the investors into a mix of fixed income securities. Every investor is allotted fix number of units for every investment based on the prevailing NAV. Every instrument used by the fund manager has different “credit ratings” and maturity tenure. The credit ratings define the quality of the instrument. Lower the ratings higher are the chances that the issuer will default in returning the promised interest or the principal amount. When the fund receives the interest or face value bought at a discount price, the NAV of a debt funds grows. If due to some reason the issuer is unable to pay back the interest, the NAV might get low. However, the losses in the debt mutual funds are rare. Profit or loss can occur based on the prevailing rates of the NAV at the time of transactions.
Apart from gaining capital appreciation at low risk, there are several other benefits of investing in best debt mutual funds.
Securities and Exchange Board of India (SEBI) has categorised the best debt mutual funds in India into 16 sub-categories based on the quality of securities used and the maturity tenure of the instruments. Investors can choose the most suitable category to achieve his/her financial goal from the following list of 16 debt mutual funds sub-categories.
Debt mutual funds allow investments through SIP as well as lumpsum. However, in the debt funds, the NAV grows regularly as the risk associated is quite lower hence lumpsum can be a better mode to invest as interest rates will be applicable on more units if the investment is done at one go. Although, investing through SIP can restrict the financial burden on the investor but units will be purchased in instalments and some units will gain higher returns than others. SIP is considered a better option in equity mutual funds but in a low-risk fund, lumpsum investment can be more beneficial. If a debt scheme has high risk, SIP is more likely to be a better investment mode.
Debt mutual funds have a low-risk portfolio and are less prone to volatility. These funds are most suitable for conservative investors to gain capital appreciation. Debt funds are most suitable for every kind of investor whose investment tenure is less than 3 years. It is an optimum alternative to bank deposits or FDs as the returns are much higher. Debt mutual funds can also be used to park the surplus cash as a lumpsum as it can be risky to invest a higher amount in equities. The option of STP can also be chosen to invest the corpus periodically from a debt funds to equity funds.
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