Mutual Funds

Which are some debt funds giving around 9-10% yearly with liquidity and are not popular in the stock market?

Answer

2 years ago

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.

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