Sunday
Top 10 India Long-Term Debt Mutual Funds – May 2010
There are basically two kinds of debt funds – income and gilt. Income funds invest in corporate instruments such as bonds, debentures, and fixed deposits. Gilt funds invest in government bonds. The performance of the debt funds have been ranked in both categories. A total of 41 long term debt mutual funds and a total of 46 long term gilt funds were used in the analysis.
Long Term Debt Funds
There are no major changes in the composition of the top 10. Both Templeton ST income and Birla Dynamic Bond have increased their assets by ~10%
| Rank | Fund Name (Long Term Debt) | Assets (Rs. Cr.) | NAV (29/5/2010) | 1 year Return (%) |
| 1 | ICICI Pru Income (G) | 455.06 | 30.28 | 4.2 |
| 2 | Templeton (I) ST Income (G) | 4,490.68 | 1,869.26 | 9.8 |
| 3 | Birla SL Dynamic Bond -RP (G) | 7,370.45 | 15.66 | 7.2 |
| 4 | Birla SL Income Plus -B RP (G) | 730.94 | 42.5 | 4.9 |
| 5 | DWS Short Maturity - RP (G) | 62.42 | 16.79 | 6.2 |
| 6 | Reliance Income Fund (G) | 366.83 | 31.28 | 4.4 |
| 7 | DWS Premier Bond - RP (G) | 16.44 | 15.89 | 6.5 |
| 8 | Escorts Income Plan (G) | 5.08 | 29.71 | 6.6 |
| 9 | LIC MF Bond Fund (G) | 95.26 | 26.38 | 5.2 |
| 10 | Birla SL Income Fund (G) | 225.08 | 34.42 | 5.8 |
Long Term Gilt Funds
“The rally in the Government securities market over the last one month has had a positive impact on the income schemes of mutual funds. These schemes have given investors attractive annualised returns of 15-20 per cent the one-month period…..”
See recent Hindu article -- Rally in G-secs has positive impact on MF income schemes
| Rank | Fund Name (Long Term Gilt) | Assets (Rs. Cr.) | NAV (29/3/2010) | 1 year Return (%) |
| 1 | ICICI Pru Gilt Inv Plan - PF | 82.89 | 18.45 | 2 |
| 2 | Birla Sun Life GSec - LTF | 47.68 | 27.38 | 12.2 |
| 3 | JM G-Sec Fund (RP) | 13.69 | 30.42 | 5.1 |
| 4 | DSP-BR Govt. Sec. | 68.29 | 32.64 | 4.4 |
| 5 | Escorts Gilt Fund | 0.2 | 20.81 | 2.2 |
| 6 | ICICI Pru Gilt (IP) | 291.17 | 31.81 | 0.3 |
| 7 | Kotak Gilt-Inv PF & Trust | 8.69 | 32.64 | 7.2 |
| 8 | Kotak Gilt Invt - Regular | 46.45 | 31.97 | 7.1 |
| 9 | ICICI Pru Gilt (TP) | 314.65 | 24.63 | 3 |
| 10 | Templeton (I) G-Sec - LTP | 68.72 | 22.94 | 1.4 |
Happy Investing!
Labels: Long Term Debt
by Admin at 17:33 |
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