Best Debt Funds

Debt securities are highly liquid and hence are considered a better option for people looking for moderate income but a higher guarantee on their returns.

Best Debt Funds

Let us explore some of the best Debt Fund options available in the market these days.

1. Ageas Federal Life Insurance Pure Fund

   Following are the main highlights of Ageas Federal Life Insurance Pure Fund:

   • The date of inception of this fund is 1st September 2010.

   • The total fund size is Rs. 322 crores approximately.

   • The current 1 day returns are 0.13%, and the Net Asset Value (NAV) stands at 29.76%.

   • 5 year returns under this fund are 8.18%, 7 years is 10.89%, whereas the highest 10 year returns under the fund are 13.73%.

2. Tata AIA Life Insurance Whole Life Income Fund

   Tata AIA Life Insurance Whole Life Income Fund is a ULIP (Unit Linked Insurance Plan) fund that principally invests in fixed income instruments in the market. Following are the main highlights of Tata AIA Life Insurance Whole Life Income Fund:

   • The date of inception of this fund is 3rd May 2018.

   • The total fund size is Rs. 800 crores approximately.

   • The Net Asset Value (NAV) stands at 31.77%.

   • 5 year returns under this fund are 6.52%, 7 years is 7.81%, whereas the highest 10 year returns under the fund are 8.27%.

3. Edelweiss Tokio Bond Fund

   Following are the main highlights of the Edelweiss Tokio Bond Fund:

   • The date of inception of the Edelweiss Tokio Bond Fund is 28th July 2011.

   • The total fund size is Rs. 110 crores approximately.

   • The Net Asset Value (NAV) stands at 23.35%.

   • 5 year returns under this fund are 6.34%, 7 years’ highest return under this fund is 8.12%, whereas the 10 year returns are 8.06%.

4. ICICI Prudential Income Fund

   Following are the main highlights of ICICI Prudential Income Fund:

   • The date of inception of the ICICI Prudential Income Fund is 23rd December 2009.

   • Total fund size is Rs. 10,373 crores approximately.

   • The Net Asset Value (NAV) stands at 25.81%.

   • 5 year returns under this fund are 5.82%, 7 years is 7.23%, whereas the highest 10 year returns under the fund are 7.82%.

5. Kotak Life Dynamic Bond Fund

   Kotak Life Dynamic Bond Fund is a fund scheme by Kotak Mahindra with a fund size of approximately Rs. 1,669 crores. Following are the main highlights of Kotak Life Dynamic Bond Fund:

   • The date of inception of Kotak Life Dynamic Bond Fund is 1st January 2013.

   • The Net Asset Value (NAV) stands at 40.96%.

   • 5 year returns under this fund are 5.86%, 7 years’ highest return under this fund is 7.82%, whereas the 10 year returns are 7.76%.

To conclude!

Debt Funds are great investment options for investors looking forward to investing their money in safe money making instruments in the market. Investors generally opt for debt funds for capital appreciation and guaranteed moderate returns. It is extremely crucial to have a market understanding before making any kind of investment.

Happy investing!