10 Best Debt Funds to Invest in  2023

1. Axis Dynamic Bond Fund

AUM - Rs.1,676.47 Cr Expense Ratio - 0.66% 2Y Returns - 3.34% 5Y Returns - 7.06%

2. SBI Overnight Fund

AUM - Rs.18,339.53 Cr Expense Ratio - 0.18% 2Y Returns - 3.94% 5Y Returns - 4.56%

3. ICICI Prudential Short-Term Fund

AUM - Rs.15,527.68 Cr Expense Ratio - 1.07% 2Y Returns - 4.44% 5Y Returns - 6.92%

4. Nippon India Banking & PSU Debt Fund

AUM - Rs.3,978.74 Cr Expense Ratio - 0.84% 2Y Returns - 3.77% 5Y Returns - 6.94%

5. HSBC Corporate Bond Fund

AUM - Rs.7,234.95 Cr Expense Ratio - 0.63% 2Y Returns - 3.30% 5Y Returns - 7.31%

6. HDFC Overnight Fund

AUM - Rs.16,015.20 Cr Expense Ratio - 0.1% 2Y Returns - 4.00% 5Y Returns - 4.60%

7. Aditya Birla Sun Life Savings Fund

AUM - Rs.14,948.48 Cr Expense Ratio - 0.52% 2Y Returns - 4.48% 5Y Returns - 6.34%

8. Nippon India Money Market Fund

AUM - Rs.10,238.33 Cr Expense Ratio - 0.34% 2Y Returns - 4.51% 5Y Returns - 6.14 %

9. IDFC Government Securities Fund Investment Plan

AUM - Rs.215.29 Cr Expense Ratio - 0.49% 2Y Returns - 1.64% 5Y Returns - 8.29%

10. HDFC Floating Rate Debt Plan

AUM - Rs.15,040.59 Cr Expense Ratio - 0.26% 2Y Returns - 4.71% 5Y Returns - 6.91%

But Debt Funds Offer Lower Returns Than Equity Funds Diversify Your Portfolio

Invest with Navi’s Index Funds

Low-cost funds

Diverse sectors

Exposure to international market

Disclaimer: Mutual fund investments are subject to market risks, read all scheme-related documents carefully before investing.