What are the top performing Fixed Maturity funds?

Based on 1-year returns, the top performing Fixed Maturity funds are Nippon India Fixed Maturity Plan XLV - Series 5 - Direct Plan with 7.38% return, TRUSTMF Fixed Maturity Plan - Series II (1196 Days) - Direct Plan with 7.16% return, and Axis Fixed Term Plan Series 113 (1228 Days) - Direct Plan with 6.49% return. The category average 1-year return is 5.59%.

Which Fixed Maturity funds have given the best returns over 3 years?

Over a 3-year period, the best performing Fixed Maturity funds are Nippon India Fixed Maturity Plan XLV - Series 5 - Direct Plan with a 8.54% CAGR, TRUSTMF Fixed Maturity Plan - Series II (1196 Days) - Direct Plan with 8.39% CAGR, and Axis Fixed Term Plan Series 113 (1228 Days) - Direct Plan with 7.42% CAGR. The category average 3-year return stands at 6.50% CAGR.

What are the largest Fixed Maturity mutual funds by assets?

The largest Fixed Maturity funds by Assets Under Management (AUM) are SBI Fixed Maturity Plan - Series 67 (1467 Days) - Direct Plan with ₹ 621.68 crore, HDFC FMP 1861D March 2022 - Direct Plan with ₹ 498.91 crore, and ICICI Prudential Fixed Maturity Plan - Series 85 10 Years Plan I - Direct Plan with ₹ 483.49 crore. Together, there are 52 Fixed Maturity funds available in India.

What is the minimum amount to invest in Fixed Maturity funds?

You can start investing in Fixed Maturity funds with a minimum SIP of ₹Infinity per month or a minimum lumpsum of ₹1000. The minimum investment varies across fund houses — some funds allow even lower entry points.

How are Fixed Maturity fund returns taxed?

All gains from Fixed Maturity funds — regardless of holding period — are added to your income and taxed at your applicable income tax slab rate.

Which Fixed Maturity funds have the lowest expense ratio?

Among Fixed Maturity funds, HDFC Charity Fund For Cancer Cure - Direct Plan has the lowest expense ratio at 0.03% (Direct Plan), followed by Bandhan Fixed Term Plan Series 179 - Direct Plan at 0.04%. Lower expense ratios directly improve your net returns over the long term.

How many Fixed Maturity mutual funds are available in India?

There are currently 52 Fixed Maturity mutual funds available in India across different fund houses. You can compare all 52 funds on Sharpely based on returns, risk, AUM, and expense ratio to find the one that suits your investment goals.

What is the lock-in period for Fixed Maturity funds?

Fixed Maturity funds are close-ended schemes with a fixed maturity date. Once you invest during the NFO period, you hold the fund until maturity. Units can be traded on the stock exchange but liquidity is limited.

mutual funds category

Fixed Maturity

Fixed Maturity Funds

Total Schemes

No. of schemes

Total AUM

₹ 0.10Lakh Cr

As on latest

Category Return (5Y)

6.21 %

CAGR

Benchmark Data

This category currently has no benchmark assigned.

Category Returns (%)

Period	1M	6M	1Y	3Y CAGR	5Y CAGR	10Y CAGR	YTD
Fixed Maturity	0.46 %	2.73 %	5.59 %	6.50 %	6.21 %	5.95 %	2.27 %
Benchmark Not Available No benchmark assigned	-	-	-	-	-	-	-

Top Fixed Maturity Funds (by AUM)

Fund Name	AUM (₹ Cr)	1Y Return	3Y CAGR	5Y CAGR	Expense Ratio
SBI Fixed Maturity Plan - Series 67 (1467 Days) - Direct PlanNAV: ₹13.04	621.68 Cr	5.69%	7.04%	-	0.17%
HDFC FMP 1861D March 2022 - Direct PlanNAV: ₹13.14	498.91 Cr	5.70%	7.39%	-	0.08%
ICICI Prudential Fixed Maturity Plan - Series 85 10 Years Plan I - Direct PlanNAV: ₹17.66	483.49 Cr	3.59%	7.22%	6.62%	0.10%
SBI Fixed Maturity Plan - Series 81 (1157 Days) - Direct PlanNAV: ₹12.48	435.79 Cr	5.80%	7.04%	-	0.21%
SBI Fixed Maturity Plan - Series 49 (1823 Days) - Direct PlanNAV: ₹13.35	417.39 Cr	5.83%	7.18%	-	0.08%
SBI Fixed Maturity Plan - Series 44 (1855 Days) - Direct PlanNAV: ₹13.49	408.83 Cr	5.70%	7.04%	-	0.17%
Axis Fixed Maturity Plan - Series 129 (108 Days) - Direct PlanNAV: ₹10.19	383.41 Cr	-	-	-	0.06%
Bandhan Fixed Term Plan Series 179 - Direct PlanNAV: ₹17.72	366.00 Cr	3.62%	7.30%	6.68%	0.04%
SBI Fixed Maturity Plan - Series 61 (1927 Days) - Direct PlanNAV: ₹13.09	357.35 Cr	5.32%	7.26%	-	0.21%
HDFC FMP 1359D September 2022 - Direct PlanNAV: ₹12.95	345.28 Cr	5.65%	6.94%	-	0.12%
Aditya Birla Sun Life Fixed Term Plan - Series TI (1837 Days) - Direct PlanNAV: ₹13.50	333.51 Cr	5.84%	7.16%	-	0.04%
SBI Fixed Maturity Plan - Series 53 (1839 Days) - Direct PlanNAV: ₹13.20	329.40 Cr	5.75%	7.23%	-	0.11%
SBI Fixed Maturity Plan - Series 51 (1846 Days) - Direct PlanNAV: ₹13.21	318.31 Cr	5.79%	7.20%	-	0.09%
SBI Fixed Maturity Plan - Series 57 (1835 Days) - Direct PlanNAV: ₹13.07	274.23 Cr	5.73%	7.26%	-	0.13%
SBI Fixed Maturity Plan - Series 55 (1849 Days) - Direct PlanNAV: ₹13.15	270.74 Cr	5.70%	7.22%	-	0.14%

Fixed Maturity vs Other Categories

5Y CAGR Return Comparison

6.36%

6.35%

6.21%

6.14%

6.13%

Money Market

Ultra Short Duration

Fixed Maturity

Dynamic Bond

Target Maturity

Key Insights

Fixed Maturity delivered 6.21% CAGR over the last 5 years.

It ranks #8 out of 18 categories based on 5Y performance.

Below the category average return of 6.35%.

7 categories outperform it, while 10 categories have lower returns.

Top performer: Credit Risk (9.97%).

Lowest performer: Long Duration (5.32%).

Let's have a closer look

Now let us jump and check about these top 15 mutual fund schemes.

SBI Fixed Maturity Plan - Series 67 (1467 Days) - Direct Plan

Fund Performance: SBI Fixed Maturity Plan - Series 67 (1467 Days) - Direct Plan has given 7.04% annualized returns in the past three years. The SBI Fixed Maturity Plan - Series 67 (1467 Days) - Direct Plan comes under the Debt category of SBI Mutual Fund.

Minimum Investment Amount: The minimum amount required to invest in SBI Fixed Maturity Plan - Series 67 (1467 Days) - Direct Plan via lump sum is ₹ 5,000.00.

Min Investment Amt

₹ 5,000.00

AUM

₹ 621.68Cr

1Y Returns

5.69%

Expense Ratio

0.17%

HDFC FMP 1861D March 2022 - Direct Plan

Fund Performance: HDFC FMP 1861D March 2022 - Direct Plan has given 7.39% annualized returns in the past three years. The HDFC FMP 1861D March 2022 - Direct Plan comes under the Debt category of HDFC Mutual Fund.

Minimum Investment Amount: The minimum amount required to invest in HDFC FMP 1861D March 2022 - Direct Plan via lump sum is ₹ 5,000.00.

Min Investment Amt

₹ 5,000.00

AUM

₹ 498.91Cr

1Y Returns

5.70%

Expense Ratio

0.08%

ICICI Prudential Fixed Maturity Plan - Series 85 10 Years Plan I - Direct Plan

Fund Performance: ICICI Prudential Fixed Maturity Plan - Series 85 10 Years Plan I - Direct Plan has given 7.22% annualized returns in the past three years and 6.62% in the last 5 years. The ICICI Prudential Fixed Maturity Plan - Series 85 10 Years Plan I - Direct Plan comes under the Debt category of ICICI Prudential Mutual Fund.

Minimum Investment Amount: The minimum amount required to invest in ICICI Prudential Fixed Maturity Plan - Series 85 10 Years Plan I - Direct Plan via lump sum is ₹ 5,000.00.

Min Investment Amt

₹ 5,000.00

AUM

₹ 483.49Cr

1Y Returns

3.59%

Expense Ratio

0.10%

SBI Fixed Maturity Plan - Series 81 (1157 Days) - Direct Plan

Fund Performance: SBI Fixed Maturity Plan - Series 81 (1157 Days) - Direct Plan has given 7.04% annualized returns in the past three years. The SBI Fixed Maturity Plan - Series 81 (1157 Days) - Direct Plan comes under the Debt category of SBI Mutual Fund.

Minimum Investment Amount: The minimum amount required to invest in SBI Fixed Maturity Plan - Series 81 (1157 Days) - Direct Plan via lump sum is ₹ 5,000.00.

Min Investment Amt

₹ 5,000.00

AUM

₹ 435.79Cr

1Y Returns

5.80%

Expense Ratio

0.21%

SBI Fixed Maturity Plan - Series 49 (1823 Days) - Direct Plan

Fund Performance: SBI Fixed Maturity Plan - Series 49 (1823 Days) - Direct Plan has given 7.18% annualized returns in the past three years. The SBI Fixed Maturity Plan - Series 49 (1823 Days) - Direct Plan comes under the Debt category of SBI Mutual Fund.

Minimum Investment Amount: The minimum amount required to invest in SBI Fixed Maturity Plan - Series 49 (1823 Days) - Direct Plan via lump sum is ₹ 5,000.00.

Min Investment Amt

₹ 5,000.00

AUM

₹ 417.39Cr

1Y Returns

5.83%

Expense Ratio

0.08%

SBI Fixed Maturity Plan - Series 44 (1855 Days) - Direct Plan

Fund Performance: SBI Fixed Maturity Plan - Series 44 (1855 Days) - Direct Plan has given 7.04% annualized returns in the past three years. The SBI Fixed Maturity Plan - Series 44 (1855 Days) - Direct Plan comes under the Debt category of SBI Mutual Fund.

Minimum Investment Amount: The minimum amount required to invest in SBI Fixed Maturity Plan - Series 44 (1855 Days) - Direct Plan via lump sum is ₹ 5,000.00.

Min Investment Amt

₹ 5,000.00

AUM

₹ 408.83Cr

1Y Returns

5.70%

Expense Ratio

0.17%

Axis Fixed Maturity Plan - Series 129 (108 Days) - Direct Plan

Fund Performance: The Axis Fixed Maturity Plan - Series 129 (108 Days) - Direct Plan comes under the Debt category of Axis Mutual Fund.

Minimum Investment Amount: The minimum amount required to invest in Axis Fixed Maturity Plan - Series 129 (108 Days) - Direct Plan via lump sum is ₹ 5,000.00.

Min Investment Amt

₹ 5,000.00

AUM

₹ 383.41Cr

1Y Returns

Expense Ratio

0.06%

Bandhan Fixed Term Plan Series 179 - Direct Plan

Fund Performance: Bandhan Fixed Term Plan Series 179 - Direct Plan has given 7.30% annualized returns in the past three years and 6.68% in the last 5 years. The Bandhan Fixed Term Plan Series 179 - Direct Plan comes under the Debt category of Bandhan Mutual Fund.

Minimum Investment Amount: The minimum amount required to invest in Bandhan Fixed Term Plan Series 179 - Direct Plan via lump sum is ₹ 5,000.00.

Min Investment Amt

₹ 5,000.00

AUM

₹ 366.00Cr

1Y Returns

3.62%

Expense Ratio

0.04%

SBI Fixed Maturity Plan - Series 61 (1927 Days) - Direct Plan

Fund Performance: SBI Fixed Maturity Plan - Series 61 (1927 Days) - Direct Plan has given 7.26% annualized returns in the past three years. The SBI Fixed Maturity Plan - Series 61 (1927 Days) - Direct Plan comes under the Debt category of SBI Mutual Fund.

Minimum Investment Amount: The minimum amount required to invest in SBI Fixed Maturity Plan - Series 61 (1927 Days) - Direct Plan via lump sum is ₹ 5,000.00.

Min Investment Amt

₹ 5,000.00

AUM

₹ 357.35Cr

1Y Returns

5.32%

Expense Ratio

0.21%

HDFC FMP 1359D September 2022 - Direct Plan

Fund Performance: HDFC FMP 1359D September 2022 - Direct Plan has given 6.94% annualized returns in the past three years. The HDFC FMP 1359D September 2022 - Direct Plan comes under the Debt category of HDFC Mutual Fund.

Minimum Investment Amount: The minimum amount required to invest in HDFC FMP 1359D September 2022 - Direct Plan via lump sum is ₹ 5,000.00.

Min Investment Amt

₹ 5,000.00

AUM

₹ 345.28Cr

1Y Returns

5.65%

Expense Ratio

0.12%

Aditya Birla Sun Life Fixed Term Plan - Series TI (1837 Days) - Direct Plan

Fund Performance: Aditya Birla Sun Life Fixed Term Plan - Series TI (1837 Days) - Direct Plan has given 7.16% annualized returns in the past three years. The Aditya Birla Sun Life Fixed Term Plan - Series TI (1837 Days) - Direct Plan comes under the Debt category of Aditya Birla Sun Life Mutual Fund.

Minimum Investment Amount: The minimum amount required to invest in Aditya Birla Sun Life Fixed Term Plan - Series TI (1837 Days) - Direct Plan via lump sum is ₹ 1,000.00.

Min Investment Amt

₹ 1,000.00

AUM

₹ 333.51Cr

1Y Returns

5.84%

Expense Ratio

0.04%

SBI Fixed Maturity Plan - Series 53 (1839 Days) - Direct Plan

Fund Performance: SBI Fixed Maturity Plan - Series 53 (1839 Days) - Direct Plan has given 7.23% annualized returns in the past three years. The SBI Fixed Maturity Plan - Series 53 (1839 Days) - Direct Plan comes under the Debt category of SBI Mutual Fund.

Minimum Investment Amount: The minimum amount required to invest in SBI Fixed Maturity Plan - Series 53 (1839 Days) - Direct Plan via lump sum is ₹ 5,000.00.

Min Investment Amt

₹ 5,000.00

AUM

₹ 329.40Cr

1Y Returns

5.75%

Expense Ratio

0.11%

SBI Fixed Maturity Plan - Series 51 (1846 Days) - Direct Plan

Fund Performance: SBI Fixed Maturity Plan - Series 51 (1846 Days) - Direct Plan has given 7.20% annualized returns in the past three years. The SBI Fixed Maturity Plan - Series 51 (1846 Days) - Direct Plan comes under the Debt category of SBI Mutual Fund.

Minimum Investment Amount: The minimum amount required to invest in SBI Fixed Maturity Plan - Series 51 (1846 Days) - Direct Plan via lump sum is ₹ 5,000.00.

Min Investment Amt

₹ 5,000.00

AUM

₹ 318.31Cr

1Y Returns

5.79%

Expense Ratio

0.09%

SBI Fixed Maturity Plan - Series 57 (1835 Days) - Direct Plan

Fund Performance: SBI Fixed Maturity Plan - Series 57 (1835 Days) - Direct Plan has given 7.26% annualized returns in the past three years. The SBI Fixed Maturity Plan - Series 57 (1835 Days) - Direct Plan comes under the Debt category of SBI Mutual Fund.

Minimum Investment Amount: The minimum amount required to invest in SBI Fixed Maturity Plan - Series 57 (1835 Days) - Direct Plan via lump sum is ₹ 5,000.00.

Min Investment Amt

₹ 5,000.00

AUM

₹ 274.23Cr

1Y Returns

5.73%

Expense Ratio

0.13%

SBI Fixed Maturity Plan - Series 55 (1849 Days) - Direct Plan

Fund Performance: SBI Fixed Maturity Plan - Series 55 (1849 Days) - Direct Plan has given 7.22% annualized returns in the past three years. The SBI Fixed Maturity Plan - Series 55 (1849 Days) - Direct Plan comes under the Debt category of SBI Mutual Fund.

Minimum Investment Amount: The minimum amount required to invest in SBI Fixed Maturity Plan - Series 55 (1849 Days) - Direct Plan via lump sum is ₹ 5,000.00.

Min Investment Amt

₹ 5,000.00

AUM

₹ 270.74Cr

1Y Returns

5.70%

Expense Ratio

0.14%