Best Medium Term Fund Mutual Funds
This debt category invests in bonds and money-market instruments. Two risks drive returns: interest-rate risk (NAVs fall when yields rise, more so for longer maturities) and credit risk (the chance an issuer fails to pay).
We currently track 12 direct-plan Medium Term Fund schemes from 12 fund houses with a median 5-year CAGR of 6.7%. Every figure below is calculated from official daily NAV history and refreshed each day. Use the column headers to re-rank the table by any period — the best 1-year performer is often not the best over 5 or 10 years, which is exactly why we default to the longer horizon.
Showing 12 of 12 schemes · sorted by Y5 high to low · page 1 of 1
- Aditya Birla Sun Life Medium Term Fund - Direct Plan - GROWTHAditya Birla Sun Life · Debt₹47.95#11Y+7.85%3Y+10.50%5Y+12.58%10Y+8.97%
- ICICI Prudential Medium Term Fund - Direct Plan - GrowthICICI Prudential · Debt₹53.66#21Y+6.11%3Y+8.30%5Y+7.30%10Y+7.76%
- Axis Medium Term Fund - Direct Plan - Growth OptionAxis · Debt₹33.28#31Y+5.63%3Y+8.25%5Y+7.22%10Y+7.68%
- Nippon India Medium Term Fund (Existing Number of Segregated Portfolios - 1) - Direct Plan - Growth OptionNippon India · Debt₹18.36#41Y+5.34%3Y+8.35%5Y+6.78%10Y+3.53%
- HDFC Medium Term Fund - Direct Plan - Growth OptionHDFC · Debt₹65.99#51Y+5.77%3Y+7.83%5Y+6.72%10Y+7.37%
- SBI MEDIUM TERM FUND - Direct Plan - GrowthSBI · Debt₹59.51#61Y+5.57%3Y+7.60%5Y+6.72%10Y+7.97%
- DSP Medium Term Fund - Direct Plan - GrowthDSP · Debt₹91.69#71Y+3.47%3Y+6.94%5Y+6.05%10Y+5.85%
- Bandhan Medium Term Fund - Direct Plan - GrowthBandhan · Debt₹53.42#81Y+5.41%3Y+7.60%5Y+6.03%10Y+6.85%
- Invesco India Medium Term Fund - Direct Plan - GrowthInvesco · Debt₹1,350.70#91Y+3.73%3Y+6.95%5Y+5.89%10Y—
- UTI Medium Term Fund - Direct Plan - GrowthUTI · Debt₹20.62#101Y+3.63%3Y+6.68%5Y+5.81%10Y+5.82%
- Sundaram Medium Term Fund (Formerly Known as Sundaram Medium Duration Fund) - Direct Plan - GROWTHSundaram · Debt₹80.31#111Y+2.76%3Y+5.86%5Y+4.77%10Y+5.60%
- HSBC Medium Term Fund - Direct Plan - GrowthHSBC · Debt₹23.79#121Y+4.40%3Y+7.58%5Y—10Y—
Medium Term Fund funds — frequently asked questions
Which Medium Term Fund fund has the highest 5-year CAGR?
Aditya Birla Sun Life Medium Term Fund - Direct Plan - GROWTH currently leads the Medium Term Fund category with a 5-year CAGR of 12.6%. Past returns describe what already happened and do not predict future performance — treat the ranking as a starting point for research, not a recommendation.
What is a good 5-year return for a Medium Term Fund fund?
Across the 12 Medium Term Fund schemes we track, the median 5-year CAGR is 6.7%. Comparing a fund against that median, rather than against the category's single best performer, is a more realistic benchmark.
How is CAGR calculated on this page?
CAGR is the compound annual growth rate between the NAV on the horizon start date and the latest NAV, using growth-plan NAVs published by the AMCs. Where a scheme's NAV history has a gap or a re-denomination, we adjust for it rather than report a distorted figure. Expense ratios are already reflected in NAV; exit loads and taxes are not.
Why does this list only show direct plans?
Direct plans have no distributor commission, so their expense ratio is lower and their NAV growth is higher than the regular plan of the same scheme. Showing both would list every fund twice, so we rank direct plans only.