Debt Funds Beat Fixed Deposits: Top Performers Revealed
By Market Desk
Discover how select debt mutual funds have significantly outperformed traditional fixed deposits over the past year, offering investors higher returns and a compelling alternative.
If you’re looking for investment options that offer more than your typical fixed deposit, some debt mutual funds have recently shown impressive performance. Over the last year, five specific funds delivered superior returns, making them an interesting alternative for your savings.
Top Debt Funds Outperforming FDs
Leading the pack is the Bank of India Credit Risk Fund, which recorded a substantial 17.68% return over the past year. This fund manages Rs 92.49 crore in assets and has an expense ratio of 0.62%.
Following closely, the Aditya Birla Sun Life Credit Risk Fund achieved a 13.04% return in the same period. Its assets under management (AUM) stand at Rs 1,532 crore, with an expense ratio of 0.80%.
The DSP Credit Risk Fund also demonstrated strong performance, showing an 11.23% return over the year. This fund holds an AUM of Rs 287 crore and features a competitive expense ratio of 0.44%.
Next up, the Aditya Birla Sun Life Medium Term Plan delivered a 9.52% return for investors. It manages a larger AUM of Rs 3,280 crore, with an expense ratio of 0.83%.
Finally, the Bandhan Gilt Fund posted a 9.45% return, rounding out the top performers. This fund has an AUM of Rs 1,883 crore and an expense ratio of 0.56%.
These figures, sourced from MF Screener, highlight specific debt funds that have successfully outpaced traditional fixed deposits, potentially offering you greater growth on your investments.