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High Returns Debt Funds
Here you get a selection of the top 50 debt mutual funds ranked by their highest returns over the last five years. This helps you understand which debt-oriented schemes have shown strong performance and stability during that period. By reviewing these funds, you can gain insights into how they managed to maintain consistent results under varying market conditions.
Debt Funds Offering High Returns
Name | NAV | AUM (in Cr.) | 1M Returns | 3M Returns | 1 Yr Returns | 3 Yr Returns | 5 Yr Returns  | Rating | Exp Ratio | Risk | Min Monthly SIP | Min Lumpsum | Category | Sub Category |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
 Aditya Birla Sun Life Medium Term Plan Fund Direct - Growth | ₹ 42.39 | ₹ 2,206.08 | 1.59% | 4.82% | 14.45% | 14.67% | 13.46% | 5  | 0.86% | Moderately High | ₹ 1,000 | ₹ 1,000 | Debt | Medium Duration Fund |
 DSP Credit Risk Fund Direct - Growth | ₹ 52.79 | ₹ 206.52 | 1.27% | 15.50% | 22.94% | 14.51% | 11.61% | 5 | 0.40% | Moderately High | ₹ 100 | ₹ 100 | Debt | Credit Risk Fund |
 Bank of India Credit Risk Fund Direct - Growth | ₹ 12.32 | ₹ 112.62 | 1.15% | 2.04% | 5.81% | 5.73% | 10.85% | 1 | 0.98% | Moderately High | ₹ 1,000 | ₹ 5,000 | Debt | Credit Risk Fund |
| Aditya Birla Sun Life Credit Risk Fund Direct - Growth | ₹ 23.87 | ₹ 969.59 | 1.49% | 6.06% | 17.55% | 11.30% | 10.39% | 5 | 0.67% | Moderately High | ₹ 100 | ₹ 100 | Debt | Credit Risk Fund |
 UTI Dynamic Bond Fund Direct - Growth | ₹ 33.21 | ₹ 447.06 | 2.08% | 3.05% | 10.15% | 10.33% | 10.16% | 5 | 0.69% | Moderately Low | ₹ 500 | ₹ 500 | Debt | Dynamic Bond |
 JM Low Duration Fund Direct - Growth | ₹ 37.40 | ₹ 226.52 | 1.10% | 2.24% | 8.11% | 6.89% | 9.87% | 4 | 0.35% | Moderately Low | ₹ 100 | ₹ 1,000 | Debt | Low Duration Fund |
 Baroda BNP Paribas Credit Risk Fund Direct - Growth | ₹ 23.92 | ₹ 173.49 | 1.33% | 2.54% | 9.52% | 7.93% | 9.84% | 5 | 0.79% | Moderately High | ₹ 500 | ₹ 5,000 | Debt | Credit Risk Fund |
| UTI Medium to Long Duration Fund Direct - Growth | ₹ 79.10 | ₹ 319.60 | 2.29% | 3.25% | 9.98% | 9.94% | 9.66% | 4 | 1.17% | Moderate | ₹ 500 | ₹ 500 | Debt | Medium to Long Duration Fund |
 Nippon India Credit Risk Fund Direct - Growth | ₹ 37.61 | ₹ 1,001.05 | 1.42% | 2.76% | 9.76% | 7.97% | 9.17% | 4 | 0.70% | High | ₹ 100 | ₹ 500 | Debt | Credit Risk Fund |
| Bank of India Short Term Income Fund Direct - Growth | ₹ 28.57 | ₹ 115.12 | 1.31% | 2.47% | 10.39% | 9.59% | 8.67% | 4 | 0.45% | Moderately Low | ₹ 1,000 | ₹ 5,000 | Debt | Short Duration Fund |
| Aditya Birla Sun Life Dynamic Bond Retail Fund Direct - Growth | ₹ 49.13 | ₹ 1,766.56 | 2.64% | 3.53% | 10.99% | 8.91% | 8.32% | 5 | 0.64% | Moderate | ₹ 1,000 | ₹ 1,000 | Debt | Dynamic Bond |
| Nippon India Strategic Debt Fund- Direct Bonus Plan | ₹ 16.46 | ₹ 99.19 | 1.63% | 2.79% | 9.72% | 7.04% | 8.29% | 3 | 0.49% | Very High | ₹ 0 | ₹ 5,000 | Debt | Medium Duration Fund |
| Nippon India Strategic Debt Fund Direct - Growth | ₹ 16.46 | ₹ 99.19 | 1.63% | 2.80% | 9.72% | 7.04% | 8.29% | 3 | 0.49% | Very High | ₹ 100 | ₹ 5,000 | Debt | Medium Duration Fund |
| UTI Short Duration Fund Direct - Growth | ₹ 33.15 | ₹ 2,565.85 | 1.52% | 2.63% | 8.78% | 7.39% | 8.27% | 4 | 0.44% | Moderate | ₹ 500 | ₹ 500 | Debt | Short Duration Fund |
 Invesco India Credit Risk Fund Direct - Growth | ₹ 2,108.98 | ₹ 143.02 | 1.52% | 4.79% | 11.44% | 9.68% | 8.25% | 4 | 0.28% | Moderately Low | ₹ 1,000 | ₹ 1,000 | Debt | Credit Risk Fund |
| UTI Credit Risk Fund Direct - Growth | ₹ 18.95 | ₹ 287.90 | 1.22% | 2.41% | 9.11% | 7.35% | 8.23% | 3 | 1.15% | Moderately High | ₹ 500 | ₹ 500 | Debt | Credit Risk Fund |
 ICICI Prudential All Seasons Bond Fund Direct - Growth | ₹ 39.27 | ₹ 14,363.00 | 1.81% | 3.08% | 10.18% | 8.45% | 8.21% | 5 | 0.59% | Moderate | ₹ 100 | ₹ 5,000 | Debt | Dynamic Bond |
| ICICI Prudential Credit Risk Fund Direct - Growth | ₹ 34.24 | ₹ 6,130.95 | 1.28% | 2.47% | 9.34% | 7.97% | 8.16% | 5 | 0.76% | Moderately High | ₹ 100 | ₹ 100 | Debt | Credit Risk Fund |
| ICICI Prudential Gilt Fund Direct - Growth | ₹ 109.20 | ₹ 7,132.60 | 2.12% | 3.36% | 10.14% | 8.54% | 8.12% | 5 | 0.56% | Moderate | ₹ 1,000 | ₹ 5,000 | Debt | Gilt Fund |
 Edelweiss Government Securities Fund Direct - Growth | ₹ 26.07 | ₹ 171.16 | 2.64% | 3.37% | 10.65% | 8.02% | 7.97% | 5 | 0.51% | Moderate | ₹ 100 | ₹ 100 | Debt | Gilt Fund |
| Aditya Birla Sun Life Short Term Direct Fund Direct - Growth | ₹ 50.53 | ₹ 8,068.03 | 1.57% | 2.72% | 9.36% | 7.60% | 7.94% | 5 | 0.38% | Moderate | ₹ 1,000 | ₹ 1,000 | Debt | Short Duration Fund |
 HDFC Credit Risk Debt Fund Direct - Growth | ₹ 25.48 | ₹ 7,229.73 | 1.33% | 2.42% | 8.89% | 7.26% | 7.93% | 4 | 1.02% | Moderately High | ₹ 100 | ₹ 100 | Debt | Credit Risk Fund |
| HDFC Dynamic Debt Fund Direct - Growth | ₹ 98.08 | ₹ 778.49 | 2.25% | 3.02% | 10.15% | 7.83% | 7.91% | 4 | 0.75% | Moderate | ₹ 100 | ₹ 100 | Debt | Dynamic Bond |
 Axis Strategic Bond Fund Direct - Growth | ₹ 30.19 | ₹ 1,898.61 | 1.68% | 2.91% | 10.01% | 7.93% | 7.89% | 5 | 0.55% | Moderately High | ₹ 100 | ₹ 100 | Debt | Medium Duration Fund |
 SBI Credit Risk Fund Direct - Growth | ₹ 48.31 | ₹ 2,254.83 | 1.51% | 2.68% | 9.52% | 8.08% | 7.88% | 4 | 0.89% | Moderately High | ₹ 500 | ₹ 5,000 | Debt | Credit Risk Fund |
| ICICI Prudential Medium Term Bond Fund Direct - Growth | ₹ 48.22 | ₹ 5,684.40 | 1.45% | 2.78% | 9.64% | 7.82% | 7.87% | 5 | 0.74% | Moderately High | ₹ 1,000 | ₹ 5,000 | Debt | Medium Duration Fund |
| ICICI Prudential Short Term Fund Direct - Growth | ₹ 64.34 | ₹ 20,427.70 | 1.49% | 2.69% | 9.15% | 8.02% | 7.84% | 5 | 0.45% | Moderate | ₹ 1,000 | ₹ 5,000 | Debt | Short Duration Fund |
| DSP Gilt Fund Direct - Growth | ₹ 101.86 | ₹ 1,646.56 | 3.14% | 3.56% | 11.24% | 8.46% | 7.84% | 5 | 0.57% | Moderately High | ₹ 100 | ₹ 100 | Debt | Gilt Fund |
| SBI Magnum Gilt Fund Direct - Growth | ₹ 69.74 | ₹ 11,489.40 | 2.86% | 3.59% | 10.89% | 8.58% | 7.81% | 5 | 0.46% | Moderate | ₹ 500 | ₹ 5,000 | Debt | Gilt Fund |
 Kotak Gilt Investment PF & Trust Fund Direct - Growth | ₹ 111.89 | ₹ 3,934.15 | 3.00% | 3.40% | 10.95% | 8.26% | 7.78% | 5 | 0.47% | Moderately Low | ₹ 100 | ₹ 5,000 | Debt | Gilt Fund |
| Kotak Gilt Investment Fund Direct - Growth | ₹ 109.24 | ₹ 3,934.15 | 3.00% | 3.40% | 10.93% | 8.26% | 7.78% | 5 | 0.47% | Moderately Low | ₹ 100 | ₹ 100 | Debt | Gilt Fund |
| Kotak Dynamic Bond Fund Direct - Growth | ₹ 40.45 | ₹ 2,825.57 | 2.33% | 2.95% | 10.32% | 7.82% | 7.76% | 5 | 0.58% | Moderate | ₹ 100 | ₹ 100 | Debt | Dynamic Bond |
| Aditya Birla Sun Life Government Securities Fund Direct - Growth | ₹ 87.16 | ₹ 1,972.04 | 2.95% | 3.47% | 10.67% | 7.63% | 7.73% | 5 | 0.49% | Moderate | ₹ 1,000 | ₹ 1,000 | Debt | Gilt Fund |
| Axis Credit Risk Fund Direct - Growth | ₹ 23.43 | ₹ 360.19 | 1.45% | 2.58% | 9.41% | 7.65% | 7.68% | 4 | 0.80% | Moderately High | ₹ 1,000 | ₹ 5,000 | Debt | Credit Risk Fund |
| Kotak Medium Term Fund Direct - Growth | ₹ 24.71 | ₹ 1,765.97 | 1.42% | 2.55% | 9.72% | 7.61% | 7.65% | 5 | 0.67% | Moderate | ₹ 100 | ₹ 100 | Debt | Medium Duration Fund |
| UTI Banking & PSU Fund Direct - Growth | ₹ 21.87 | ₹ 785.19 | 1.38% | 2.44% | 8.41% | 9.05% | 7.63% | 5 | 0.36% | Moderate | ₹ 500 | ₹ 500 | Debt | Banking and PSU Fund |
| Axis Corporate Bond Fund Direct - Growth | ₹ 17.73 | ₹ 6,202.78 | 1.78% | 2.93% | 9.57% | 7.50% | 7.62% | 5 | 0.32% | Moderate | ₹ 100 | ₹ 100 | Debt | Corporate Bond Fund |
| SBI Magnum Medium Duration Fund Direct - Growth | ₹ 54.37 | ₹ 6,481.44 | 1.64% | 2.77% | 9.45% | 7.50% | 7.60% | 5 | 0.71% | Moderately High | ₹ 500 | ₹ 5,000 | Debt | Medium Duration Fund |
 Bandhan Government Securities Investment Plan Fund Direct - Growth | ₹ 38.14 | ₹ 3,542.43 | 2.98% | 3.29% | 11.03% | 7.69% | 7.59% | 5 | 0.52% | Moderate | ₹ 100 | ₹ 1,000 | Debt | Gilt Fund |
| DSP Strategic Bond Fund Direct - Growth | ₹ 3,582.24 | ₹ 1,653.33 | 3.15% | 3.38% | 11.01% | 8.22% | 7.58% | 5 | 0.54% | Moderately Low | ₹ 100 | ₹ 100 | Debt | Dynamic Bond |
| Aditya Birla Sun Life Corporate Bond Fund Direct - Growth | ₹ 113.07 | ₹ 24,570.30 | 1.74% | 2.85% | 9.52% | 7.41% | 7.57% | 5 | 0.33% | Moderate | ₹ 100 | ₹ 100 | Debt | Corporate Bond Fund |
| Axis Gilt Fund Direct - Growth | ₹ 27.12 | ₹ 868.45 | 2.89% | 3.56% | 11.38% | 8.15% | 7.57% | 5 | 0.40% | Moderate | ₹ 1,000 | ₹ 5,000 | Debt | Gilt Fund |
| SBI Magnum Income Fund Direct - Growth | ₹ 75.19 | ₹ 1,918.19 | 1.92% | 3.00% | 9.84% | 7.77% | 7.54% | 5 | 0.77% | Moderate | ₹ 500 | ₹ 5,000 | Debt | Medium to Long Duration Fund |
| ICICI Prudential Floating Interest Fund Direct - Growth | ₹ 454.03 | ₹ 6,963.88 | 1.06% | 2.29% | 8.75% | 7.99% | 7.53% | 5 | 0.55% | Moderately Low | ₹ 100 | ₹ 500 | Debt | Floater Fund |
| ICICI Prudential Bond Fund Direct - Growth | ₹ 42.02 | ₹ 2,816.38 | 2.05% | 3.25% | 10.30% | 8.13% | 7.52% | 5 | 0.62% | Moderate | ₹ 1,000 | ₹ 5,000 | Debt | Medium to Long Duration Fund |
| Kotak Bond Fund Direct - Growth | ₹ 85.12 | ₹ 2,031.27 | 2.07% | 2.97% | 10.00% | 7.71% | 7.50% | 5 | 0.70% | Moderately Low | ₹ 100 | ₹ 100 | Debt | Medium to Long Duration Fund |
| SBI Dynamic Bond Fund Direct - Growth | ₹ 38.67 | ₹ 3,410.12 | 2.51% | 3.25% | 10.46% | 8.48% | 7.48% | 5 | 0.61% | Moderate | ₹ 500 | ₹ 5,000 | Debt | Dynamic Bond |
 HSBC Medium Duration Fund Direct - Growth | ₹ 21.90 | ₹ 658.03 | 1.77% | 3.07% | 9.93% | 7.50% | 7.47% | 4 | 0.39% | Moderate | ₹ 1,000 | ₹ 5,000 | Debt | Medium Duration Fund |
| ICICI Prudential Corporate Bond Fund Direct - Growth | ₹ 30.69 | ₹ 29,929.40 | 1.52% | 2.67% | 8.96% | 7.68% | 7.46% | 5 | 0.35% | Moderately Low | ₹ 100 | ₹ 100 | Debt | Corporate Bond Fund |
| HDFC Medium Term Debt Fund Direct - Growth | ₹ 60.05 | ₹ 3,860.84 | 1.73% | 2.84% | 9.50% | 7.33% | 7.46% | 5 | 0.66% | Moderately High | ₹ 100 | ₹ 100 | Debt | Medium Duration Fund |
Showing 50 of 50 results
Please Note:
- 1M, 3M and 1 Yr returns are Absolute. 3 Yr and 5 Yr returns are Annualized.
- Fund Rating is sourced from Morningstar.
- "Exp Ratio" is a short-form used for "Expense Ratio" - In simple terms it is a fee charged by the AMC for managing your money.
*The schemes mentioned above are just for research purpose and not recommendations. Please do your own due diligence before investing.
Frequently Asked Questions
Look at the fund’s credit quality, portfolio duration, and past performance. Consider expense ratios, fund manager expertise, and interest rate trends. Ensure the fund aligns with your risk tolerance and investment goals for better results.
Debt funds with high returns offer the potential for better earnings compared to traditional fixed-income options. They are managed professionally, providing investors with diversification and a balance between stability and higher returns.
These funds can provide relatively stable returns while offering liquidity. They are less volatile than equity funds, making them a safer choice for earning better returns than fixed deposits or other conservative investments.
High returns may come with higher risks, such as credit risk (default by borrowers) or interest rate fluctuations. These factors can impact fund performance, especially in volatile economic conditions or rising interest rate environments.
These funds suit investors seeking moderate risk and better returns than fixed-income instruments. They are ideal for those aiming to balance their portfolio or park money for short- to medium-term financial goals.
Use Dhan’s platform to research and compare various debt funds. Look at their track record, risk measures, and investment strategies. Once you’ve shortlisted a fund, begin investing through a SIP or a lump sum. Check on the fund’s performance regularly to maintain your desired balance of risk and return.
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