These 2 Medium To Long Duration Funds Offered Good Returns; Check-Out Returns

Mutual funds come in various types, one of the categories is medium to long-duration mutual funds. Investors can start investing for good returns. Despite this, due to a lack of awareness, a large number of the public avoids investing in mutual funds. These funds offered good returns on long-term investments. There is no upper age limit for beginning an investment. These two medium to long-duration mutual funds from Aditya Birla Sun Life Mutual fund ad Kota Mahindra Mutual funds offer food returns on long-term investments.

Aditya Birla Sun Life Income Fund - Direct Plan-Growth

NAV	Fund Size	Expense Ratio
₹108.81	₹ 3129.09 Cr	0.40%

NAV as on 22 February 2022

Aditya Birla Sun Life Income Fund Direct-Growth is an open-ended debt mutual fund from Aditya Birla Sun Life Mutual Fund that invests in medium to long-term debt. It's a moderately large fund in its class. As of 31 January 2022, the AUM of Aditya Birla Sun Life Income Fund Direct-Growth was Rs 3,129 cr. The cost ratio of the fund is lower than the category average and also lower than the expense ratios of most other Medium to Long Duration funds. Investments have a moderate risk.

Returns 
Aditya Birla Sun Life Income Fund Direct-Growth scheme return performance in last 1 year is 6.91% absolute returns. In the last 3 years, the fund offered 30.48% absolute returns, 9.26% annualized returns. Since the scheme launch, it has offered 109.58% absolute returns and 8.43% annualized returns. The fund has outperformed the category average in terms of annualized returns. The minimum SIP amount to invest in this scheme is Rs 1000.

Annualised Returns

1-Year	2-Year	3-Year	5-Year	Since Inception
6.91%	7.40%	9.26%	7.98%	8.43%

Kotak Bond - Direct Plan-Growth

NAV	Fund Size	Expense Ratio
₹68.00	₹ 2453.97 Cr	0.60%

NAV as on 22 February 2022

Kotak Bond - Direct Plan-Growth is an open-ended Medium to Long Duration debt mutual fund scheme from Kotak Mahindra Mutual Fund. It is a medium-sized fund of its category. Kotak Bond - Direct Plan-Growth has Rs 2,454 Cr of AUM as of 31 January 2022. The fund's expense ratio is close to the category average expense ratio and as result, it is also less than what most other Medium to Long Duration funds charge. It offers above-average performance among its peers. The fund is rated 4 stars by the rating agency CRISL. It is a posses moderate risk to investments.

Returns 
In the last year, the return performance of the Kotak Bond - Direct Plan-Growth programme has been 5.66 percent absolute. It has provided 30.55 percent absolute returns and 9.28 percent annualised returns during the previous three years. Since its inception, the programme has provided 104.03 percent absolute returns and 8.11 percent annualised returns. In terms of annualised returns, the fund has beaten the category average. The minimum SIP amount required to participate in this plan is Rs 1000.

Annualised Returns

1-Year	2-Year	3-Year	5-Year	Since Inception
5.64%	6.97%	9.28%	7.70%	8.11%

Disclaimer

Mutual fund investments are subject to market risk. Read all scheme-related documents, and Terms and Conditions carefully before investing. The above-mentioned information is purely informational and doesn't guarantee any return. The Greynium Information Technologies and the Author are not liable for any losses caused as a result of a decision based on the article.