Top Medium-Duration Mutual Funds for Investment in December 2024
Medium-duration funds are suitable for investors who are looking to invest for more than three years. When the interest rate starts decreasing, in such cases most of the investment experts advise that medium-duration funds are better suited to offer outstanding returns. When the interest rate falls, in this situation, debt mutual funds provide profitable returns.
There are many mutual fund investors who invest in liquid funds, short-term funds, ultra short-term funds, corporate funds, banking & PSU funds, etc. to fulfil their short-term needs. There are many investors who don’t know about Medium duration funds. This year, most people are likely to hear a lot about medium-duration funds.
Most people are likely to hear a lot about medium-duration funds this year because many mutual fund advisors are suggesting these schemes to their clients.
According to SEBI norms, medium-duration funds must invest in debt and money market instruments that have an average maturity period of three to four years.
Many mutual fund experts do not suggest medium and long-term debt schemes to regular investors. These schemes are more affected by changes in the interest rate. They suffer when the rates go up. Mutual fund advisors suggest that many conservative investors would find it hard to handle the ups and downs faced by these schemes.
Top medium-duration schemes to invest in December 2024
- SBI Magnum Medium Duration Fund
- HDFC Medium-Term Debt Fund
- Bandhan Bond Fund-Medium Term Plan
- Axis Strategic Bond Fund
