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CATEGORY

Best Medium Duration mutual funds

13 funds in this category, ranked by 3-year rolling CAGR.

#Fund3Y CAGRAMCAUM
#1Aditya Birla Sun Life Medium Term Fund10.4%Aditya Birla Sun Life AMC Limited₹3,348.181 Cr
#2SBI Medium Term Fund9.3%SBI Funds Management Limited₹6,334.156 Cr
#3Axis Strategic Bond Fund8.5%Axis Asset Management Co. Ltd.₹1,943.175 Cr
#4ICICI Prudential Medium Term Fund8.4%ICICI Prudential Asset Management Company Limited₹5,267.177 Cr
#5HDFC Medium Term Fund8.1%HDFC Asset Management Company Limited₹3,511.375 Cr
#6HSBC Medium Term Fund8.0%HSBC Asset Management (India) Private Ltd.₹665.68 Cr
#7Bandhan Medium Term Fund7.7%Bandhan AMC Limited₹1,238.286 Cr
#8Kotak Medium Term Fund7.7%Kotak Mahindra Asset Management Company Limited.₹1,884.016 Cr
#9Invesco India Medium Term Fund7.3%Invesco Asset Management (India) Private Limited₹130.74 Cr
#10Nippon India Medium Term Fund7.1%Nippon Life India Asset Management Limited₹144.503 Cr
#11Sundaram Medium Term Fund6.9%Sundaram Asset Management Company Ltd₹32.39 Cr
#12UTI Medium Term Fund6.2%UTI Asset Mgmt. Co. Ltd.₹33.679 Cr
#13DSP Medium Term Fund6.2%DSP Asset Managers Private Limited₹246.735 Cr

Punji tracks 13 Medium Duration Fund funds from 0 AMCs, together managing roughly ₹24,780.093 Cr in assets. Across the 13 funds with a full 3-year track record, the average 3-year rolling CAGR is 7.8%. Aditya Birla Sun Life Medium Term Fund leads the category at 10.4% 3Y CAGR.

Figures here are computed directly from each fund's own NAV history and AUM - not survivor-biased averages from a fact sheet - so a fund that merged, closed, or changed category drops out of the comparison rather than skewing it. Click any fund in the table for its full return history, expense ratio, holdings, and risk profile, or jump to a specific AMC's Medium Duration Fund funds below.

Medium Duration Fund is one of the standardized scheme categories SEBI mandated in its 2017 product categorization circular, so every AMC's Medium Duration Fund fund follows the same investment-mandate rules - the same broad universe of permitted holdings, the same category-level restrictions - which is what makes a ranking across 0 different AMCs a genuine like-for-like comparison rather than an apples-to-oranges one. A fund's position here moves as new NAV data comes in or as AMCs launch or close schemes in the category, so treat it as a point-in-time snapshot, not a fixed league table.

Category alone doesn't tell you a fund's risk level or whether it's the right fit for your own time horizon - two Medium Duration Fund funds can take meaningfully different approaches within the same mandate (concentration, turnover, credit quality for debt categories) and end up with very different risk profiles despite sharing a label. Use the Riskometer rating and risk metrics (Sharpe Ratio, Max Drawdown, Standard Deviation) shown on each fund's own page alongside this category-level ranking, not instead of it.