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-Growth with 7.88% return, DSP FMP Series 267 - 1172 Days Direct-Growth with 6.36% return, and DSP FMP Series 270 - 1172 Days Direct-Growth with 6.35% 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-Growth with a 8.73% CAGR, DSP FMP Series 267 - 1172 Days Direct-Growth with 8.18% CAGR, and DSP FMP Series 270 - 1172 Days Direct-Growth with 7.96% CAGR. The category average 3-year return stands at 6.45% 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-Growth with ₹ 626.93 crore, HDFC FMP 1861D March 2022 Direct-Growth with ₹ 504.60 crore, and ICICI Prudential Fixed Maturity Plan - Series 85 10 Years Plan I Direct-Growth with ₹ 492.37 crore. Together, there are 38 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-IDCW has the lowest expense ratio at 0.03% (Direct Plan), followed by Bandhan Fixed Term Plan Series 179 Direct-Growth 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 38 Fixed Maturity mutual funds available in India across different fund houses. You can compare all 38 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

₹ 0.07Lakh Cr

As on latest

Category Return (5Y)

6.27 %

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	0.45 %	2.76 %	5.59 %	6.45 %	6.27 %	5.92 %	2.99 %
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-GrowthNAV: ₹13.12	626.93 Cr	5.55%	7.09%	-	0.17%
HDFC FMP 1861D March 2022 Direct-GrowthNAV: ₹13.27	504.60 Cr	6.03%	7.54%	-	0.08%
ICICI Prudential Fixed Maturity Plan - Series 85 10 Years Plan I Direct-GrowthNAV: ₹18.00	492.37 Cr	5.38%	7.71%	7.05%	0.10%
SBI Fixed Maturity Plan - Series 49 (1823 Days) Direct-GrowthNAV: ₹13.44	421.11 Cr	5.73%	7.22%	-	0.08%
Bandhan Fixed Term Plan Series 179 Direct-GrowthNAV: ₹18.07	372.83 Cr	5.41%	7.79%	7.09%	0.04%
SBI Fixed Maturity Plan - Series 61 (1927 Days) Direct-GrowthNAV: ₹13.24	362.04 Cr	5.90%	7.47%	-	0.21%
SBI Fixed Maturity Plan - Series 53 (1839 Days) Direct-GrowthNAV: ₹13.30	332.42 Cr	5.82%	7.31%	-	0.11%
SBI Fixed Maturity Plan - Series 51 (1846 Days) Direct-GrowthNAV: ₹13.30	321.17 Cr	5.79%	7.27%	-	0.09%
SBI Fixed Maturity Plan - Series 57 (1835 Days) Direct-GrowthNAV: ₹13.16	276.67 Cr	5.80%	7.35%	-	0.13%
SBI Fixed Maturity Plan - Series 55 (1849 Days) Direct-GrowthNAV: ₹13.25	273.21 Cr	5.78%	7.31%	-	0.14%
SBI Fixed Maturity Plan - Series 58 (1842 Days) Direct-GrowthNAV: ₹13.28	270.50 Cr	5.87%	7.36%	-	0.17%
SBI Fixed Maturity Plan - Series 60 (1878 Days) Direct-GrowthNAV: ₹13.20	267.07 Cr	5.98%	7.47%	-	0.13%
Aditya Birla Sun Life Fixed Term Plan - Series TQ (1879 Days) Direct-GrowthNAV: ₹13.20	235.50 Cr	5.89%	7.46%	-	0.04%
HDFC Charity Fund For Cancer Cure Direct-IDCWNAV: ₹10.11	189.72 Cr	5.93%	-	-	0.03%
Nippon India Fixed Maturity Plan XLIII - Series 5 Direct-GrowthNAV: ₹13.48	188.63 Cr	5.21%	7.70%	-	0.15%

Fixed Maturity vs Other Categories

5Y CAGR Return Comparison

6.35%

6.32%

6.27%

6.26%

6.19%

Banking and PSU

Long Duration

Fixed Maturity

Target Maturity

Liquid

Key Insights

Fixed Maturity delivered 6.27% CAGR over the last 5 years.

It ranks #13 out of 18 categories based on 5Y performance.

Below the category average return of 6.62%.

12 categories outperform it, while 5 categories have lower returns.

Top performer: Credit Risk (10.09%).

Lowest performer: Overnight (5.63%).

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-Growth

Fund Performance: SBI Fixed Maturity Plan - Series 67 (1467 Days) Direct-Growth has given 7.09% annualized returns in the past three years. The SBI Fixed Maturity Plan - Series 67 (1467 Days) Direct-Growth 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-Growth via lump sum is ₹ 5,000.00.

Min Investment Amt

₹ 5,000.00

AUM

₹ 626.93Cr

1Y Returns

5.55%

Expense Ratio

0.17%

HDFC FMP 1861D March 2022 Direct-Growth

Fund Performance: HDFC FMP 1861D March 2022 Direct-Growth has given 7.54% annualized returns in the past three years. The HDFC FMP 1861D March 2022 Direct-Growth 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-Growth via lump sum is ₹ 5,000.00.

Min Investment Amt

₹ 5,000.00

AUM

₹ 504.60Cr

1Y Returns

6.03%

Expense Ratio

0.08%

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

Fund Performance: ICICI Prudential Fixed Maturity Plan - Series 85 10 Years Plan I Direct-Growth has given 7.71% annualized returns in the past three years and 7.05% in the last 5 years. The ICICI Prudential Fixed Maturity Plan - Series 85 10 Years Plan I Direct-Growth 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-Growth via lump sum is ₹ 5,000.00.

Min Investment Amt

₹ 5,000.00

AUM

₹ 492.37Cr

1Y Returns

5.38%

Expense Ratio

0.10%

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

Fund Performance: SBI Fixed Maturity Plan - Series 49 (1823 Days) Direct-Growth has given 7.22% annualized returns in the past three years. The SBI Fixed Maturity Plan - Series 49 (1823 Days) Direct-Growth 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-Growth via lump sum is ₹ 5,000.00.

Min Investment Amt

₹ 5,000.00

AUM

₹ 421.11Cr

1Y Returns

5.73%

Expense Ratio

0.08%

Bandhan Fixed Term Plan Series 179 Direct-Growth

Fund Performance: Bandhan Fixed Term Plan Series 179 Direct-Growth has given 7.79% annualized returns in the past three years and 7.09% in the last 5 years. The Bandhan Fixed Term Plan Series 179 Direct-Growth 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-Growth via lump sum is ₹ 5,000.00.

Min Investment Amt

₹ 5,000.00

AUM

₹ 372.83Cr

1Y Returns

5.41%

Expense Ratio

0.04%

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

Fund Performance: SBI Fixed Maturity Plan - Series 61 (1927 Days) Direct-Growth has given 7.47% annualized returns in the past three years. The SBI Fixed Maturity Plan - Series 61 (1927 Days) Direct-Growth 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-Growth via lump sum is ₹ 5,000.00.

Min Investment Amt

₹ 5,000.00

AUM

₹ 362.04Cr

1Y Returns

5.90%

Expense Ratio

0.21%

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

Fund Performance: SBI Fixed Maturity Plan - Series 53 (1839 Days) Direct-Growth has given 7.31% annualized returns in the past three years. The SBI Fixed Maturity Plan - Series 53 (1839 Days) Direct-Growth 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-Growth via lump sum is ₹ 5,000.00.

Min Investment Amt

₹ 5,000.00

AUM

₹ 332.42Cr

1Y Returns

5.82%

Expense Ratio

0.11%

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

Fund Performance: SBI Fixed Maturity Plan - Series 51 (1846 Days) Direct-Growth has given 7.27% annualized returns in the past three years. The SBI Fixed Maturity Plan - Series 51 (1846 Days) Direct-Growth 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-Growth via lump sum is ₹ 5,000.00.

Min Investment Amt

₹ 5,000.00

AUM

₹ 321.17Cr

1Y Returns

5.79%

Expense Ratio

0.09%

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

Fund Performance: SBI Fixed Maturity Plan - Series 57 (1835 Days) Direct-Growth has given 7.35% annualized returns in the past three years. The SBI Fixed Maturity Plan - Series 57 (1835 Days) Direct-Growth 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-Growth via lump sum is ₹ 5,000.00.

Min Investment Amt

₹ 5,000.00

AUM

₹ 276.67Cr

1Y Returns

5.80%

Expense Ratio

0.13%

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

Fund Performance: SBI Fixed Maturity Plan - Series 55 (1849 Days) Direct-Growth has given 7.31% annualized returns in the past three years. The SBI Fixed Maturity Plan - Series 55 (1849 Days) Direct-Growth 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-Growth via lump sum is ₹ 5,000.00.

Min Investment Amt

₹ 5,000.00

AUM

₹ 273.21Cr

1Y Returns

5.78%

Expense Ratio

0.14%

SBI Fixed Maturity Plan - Series 58 (1842 Days) Direct-Growth

Fund Performance: SBI Fixed Maturity Plan - Series 58 (1842 Days) Direct-Growth has given 7.36% annualized returns in the past three years. The SBI Fixed Maturity Plan - Series 58 (1842 Days) Direct-Growth comes under the Debt category of SBI Mutual Fund.

Minimum Investment Amount: The minimum amount required to invest in SBI Fixed Maturity Plan - Series 58 (1842 Days) Direct-Growth via lump sum is ₹ 5,000.00.

Min Investment Amt

₹ 5,000.00

AUM

₹ 270.50Cr

1Y Returns

5.87%

Expense Ratio

0.17%

SBI Fixed Maturity Plan - Series 60 (1878 Days) Direct-Growth

Fund Performance: SBI Fixed Maturity Plan - Series 60 (1878 Days) Direct-Growth has given 7.47% annualized returns in the past three years. The SBI Fixed Maturity Plan - Series 60 (1878 Days) Direct-Growth comes under the Debt category of SBI Mutual Fund.

Minimum Investment Amount: The minimum amount required to invest in SBI Fixed Maturity Plan - Series 60 (1878 Days) Direct-Growth via lump sum is ₹ 5,000.00.

Min Investment Amt

₹ 5,000.00

AUM

₹ 267.07Cr

1Y Returns

5.98%

Expense Ratio

0.13%

Aditya Birla Sun Life Fixed Term Plan - Series TQ (1879 Days) Direct-Growth

Fund Performance: Aditya Birla Sun Life Fixed Term Plan - Series TQ (1879 Days) Direct-Growth has given 7.46% annualized returns in the past three years. The Aditya Birla Sun Life Fixed Term Plan - Series TQ (1879 Days) Direct-Growth 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 TQ (1879 Days) Direct-Growth via lump sum is ₹ 1,000.00.

Min Investment Amt

₹ 1,000.00

AUM

₹ 235.50Cr

1Y Returns

5.89%

Expense Ratio

0.04%

HDFC Charity Fund For Cancer Cure Direct-IDCW

Fund Performance: The HDFC Charity Fund For Cancer Cure Direct-IDCW comes under the Debt category of HDFC Mutual Fund.

Minimum Investment Amount: The minimum amount required to invest in HDFC Charity Fund For Cancer Cure Direct-IDCW via lump sum is ₹ 50,000.00.

Min Investment Amt

₹ 50,000.00

AUM

₹ 189.72Cr

1Y Returns

5.93%

Expense Ratio

0.03%

Nippon India Fixed Maturity Plan XLIII - Series 5 Direct-Growth

Fund Performance: Nippon India Fixed Maturity Plan XLIII - Series 5 Direct-Growth has given 7.70% annualized returns in the past three years. The Nippon India Fixed Maturity Plan XLIII - Series 5 Direct-Growth comes under the Debt category of Nippon India Mutual Fund.

Minimum Investment Amount: The minimum amount required to invest in Nippon India Fixed Maturity Plan XLIII - Series 5 Direct-Growth via lump sum is ₹ 5,000.00.

Min Investment Amt

₹ 5,000.00

AUM

₹ 188.63Cr

1Y Returns

5.21%

Expense Ratio

0.15%