Best Debt Funds
Focus on portfolio mix, duration and AAA and AA rated assets helped the best performers deliver impressive returns.
Focus on portfolio mix, duration and AAA and AA rated assets helped the best performers deliver impressive returns.
The Finance Bill proposes changes in taxation of debt mutual funds.
They have shown ways to tackle risks while delivering impressive returns in a rising interest rate scenario.
Fortune India devised a two-stage methodology of quantitative and qualitative assessment to identify the top three investment options in 15 categories across mutual funds, insurance and NPS.
Focus on risk profiles and duration of funds, as well as AA-rated assets, helped deliver impressive returns in an otherwise difficult year.
Do not go for duration funds at this point at all
While equity funds delivered a point-to-point 19.1% return, SIP returns during same period stood at 15.2%. But, investors earned lower returns at 13.8%.
It would be prudent to invest in shorter duration debt funds as accruals are decent and duration risk is contained.
Given the abysmally low returns, is it better to keep the money in savings bank accounts or bank fixed deposits?
Here’s what the country’s top debt funds did to steer through a difficult year.