Greeting To Our Readers! 


Debt Mutual Funds, simply schemes that help investors plan for their short-term money requirements, be it short-term goals, like vacation, buying a car or bike, or any unexpected financial emergency!

These funds prominently invest in corporate bonds, government securities, treasury bills, commercial paper, and other money market instruments. They are also considered less risky than equity funds, however, they do yield low returns compared to equity mutual funds.

Investors with low-risk profiles and short-term investment objectives are suggested to invest in Debt mutual funds. For such investors, we have prepared a list of some of the BEST DEBT MUTUAL FUNDS, on the basis of returns, latest Nav, ratings, performance, etc. for your assistance.  

To receive a free advisory on Investments In Mutual Fund, contact our executives asap!


Nippon India Liquid Fund 

A liquid category debt mutual fund, run and managed by Nippon India Mutual Fund House. The fund has 73.88% investment in Debt of which 14.41% in Government securities, 59.47% in funds invested in very low-risk securities.

The fund size of the scheme is around Rs 27,208 crores and it charges a total expense ratio of around 0.32%. The fund charges a very small amount as exit load on different redemption conditions like:

  • The fund charges an exit load equal to 0.006999999999999999% of sell value if the fund is sold before 1 day.
  • The fund charges an exit load equal to 0.0065% if the fund is sold before 2 days.
  • The fund charges an exit load equal to 0.006% if the fund is sold before 3 days.
  • The fund charges an exit load equal to 0.0055000000000000005% if the fund is sold before 4 days.
  • The fund charges an exit load equal to 0.005% if the fund is sold before 5 days.
  • The fund charges an exit load equal to 0.0045000000000000005% if the fund is sold before 6 days.

The objective of the scheme is to generate optimal returns consistent with moderate levels of risk and high liquidity.

This fund is best recommended to investors looking to invest money for the short-term and are looking for alternatives to bank accounts or Fixed Deposits.


ICICI Prudential Savings Fund

A low-duration category debt mutual fund, run and managed by Axis Mutual Fund House. The fund has 84.72% investment in Debt of which 51.56% is in Government securities, 33.16% in funds invested in very low-risk securities.

The fund size of the scheme is around Rs 29,809 crores and it charges a total expense ratio of around 0.52%. Fund does not charge any exit load.

The objective of the scheme is to generate income through investments in a range of debt and money market instruments while maintaining the optimum balance of yield, safety, and liquidity.

This fund is best recommended to investors looking to invest money for the short-term and are looking for alternatives to bank accounts or Fixed Deposits.


IDFC Low Duration Fund 

A low-duration category debt mutual fund, run and managed by IDFC Mutual Fund House. The fund has 81.97% investment in Debt of which 20.65% is in Government securities, 61.32% in funds invested in very low-risk securities.

The fund size of the scheme is around Rs 28,554 crores and it charges a total expense ratio of around 0.21%. The fund does not charge any exit load.

The Scheme seeks to offer an investment avenue for short-term savings by looking to generate returns commensurate with a low-risk strategy from a portfolio that is invested in debt and money market securities such that the Macaulay duration of the portfolio is between 6 months and 12 months.

This fund is best recommended to investors looking to invest money for the short-term and are looking for alternatives to bank accounts or Fixed Deposits.


Tata Liquid Fund

A liquid fund category debt mutual fund, run and managed by TATA Mutual Fund House. The fund has 74.01% investment in Debt of which 22.5% in Government securities, 51.51% in funds invested in very low-risk securities.

The fund size of the scheme is around Rs 12,817 crores and it charges a total expense ratio of around 0.33%. The fund does not charge any exit load.

The investment objective is to generate reasonable returns with high liquidity to the unitholders

This fund is best recommended to investors looking to invest money for the short-term and are looking for alternatives to bank accounts or Fixed Deposits.


To get more details about the fund you can refer to the fund fact sheet or you can get in touch with us. Call us on- 0612-6604453 or mail us at- [email protected].

For any kind of query, you can contact us at Shri Ashutosh Securities Pvt Ltd., we are here to help you in any way possible.


Happy Investing!


(Mutual Fund investments are subject to market risk Illustrations are for example only, there is no guarantee of returns. Past performance is not an indicator/guarantee to future returns).