As per AMFI India, the market size of Debt Mutual funds is Rs. 37.56 Trillion, and it has grown 2 folds compared to 2017 (5 years).
However, it’s hard to analyze the best debt mutual funds to invest in, as every type of debt fund holds its functional features.
Yet, we try to bring a holistic, unbiased analysis based on performance. For example, earlier in one of the articles best mutual funds in India, we ranked top two in every category under 5 parameters.
In such a way, best debt mutual funds also will be ranked on the parameters like,
- Number of Years in the Market
- AUM (Asset Under Management) Size
- 5 Years Performance
- Performance Since Inception
- Expense Ratio
- Risk vs. Category
The minimum criteria are, the fund should have completed a minimum of 5 years in the industry and should have an AUM of more than 1000 Crores.
At the same time, we only compare with direct plans, as direct plans always outperform regular plans.