Please find below the list of top recommended debt mutual fund schemes. Debt mutual funds have the potential to outperform term deposits (fixed deposits) on a post-tax basis if held for at least 3 years.
Scheme Name
AUM (RsCr)
1 Month
6 Month
1 Year
3 Year
5 Year
SBI Magnum Ultra Short Duration Fund(G)
12,723
0.60%
3.90%
8.20%
7.50%
7.70%
ICICI Pru. Savings Fund(G)
21,987
0.60%
4.40%
8.90%
7.70%
8.20%
IDFC Bond Fund - Short Term Plan(G)
11,356
0.50%
4.90%
10.30%
7.30%
7.80%
Axis Banking & PSU Debt Fund(G)
11,517
0.50%
5.50%
11.30%
8.40%
8.50%
The above ones I have bought through my IIFL broker. You can also inquire about the same to your broker & invest.
Please find below the list of top recommended debt mutual fund schemes. Debt mutual funds have the potential to outperform term deposits (fixed deposits) on a post-tax basis if held for at least 3 years.
The above ones I have bought through my IIFL broker. You can also inquire about the same to your broker & invest.