What are the top performing Medium Term funds?

Based on 1-year returns, the top performing Medium Term funds are Aditya Birla Sun Life Medium Term Fund Direct-Growth with 9.47% return, ICICI Prudential Medium Term Fund Direct-Growth with 7.99% return, and Kotak Medium Term Fund Direct-Growth with 7.76% return. The category average 1-year return is 6.55%.

Which Medium Term funds have given the best returns over 3 years?

Over a 3-year period, the best performing Medium Term funds are Aditya Birla Sun Life Medium Term Fund Direct-Growth with a 10.65% CAGR, ICICI Prudential Medium Term Fund Direct-Growth with 9.08% CAGR, and Kotak Medium Term Fund Direct-Growth with 8.55% CAGR. The category average 3-year return stands at 7.91% CAGR.

What are the largest Medium Term mutual funds by assets?

The largest Medium Term funds by Assets Under Management (AUM) are SBI Medium Term Fund Direct-Growth with ₹ 6,488.59 crore, ICICI Prudential Medium Term Fund Direct-Growth with ₹ 5,418.93 crore, and HDFC Medium Term Fund Direct-Growth with ₹ 3,599.40 crore. Together, there are 21 Medium Term funds available in India.

What is the minimum amount to invest in Medium Term funds?

You can start investing in Medium Term funds with a minimum SIP of ₹100 per month or a minimum lumpsum of ₹100. The minimum investment varies across fund houses — some funds allow even lower entry points.

How are Medium Term fund returns taxed?

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

Which Medium Term funds have the lowest expense ratio?

Among Medium Term funds, Franklin India Income Opportunities Fund - Segregated Portfolio 2 Direct-Growth has the lowest expense ratio at 0.22% (Direct Plan), followed by Invesco India Medium Term Fund Direct-Growth at 0.32%. Lower expense ratios directly improve your net returns over the long term.

How many Medium Term mutual funds are available in India?

There are currently 21 Medium Term mutual funds available in India across different fund houses. You can compare all 21 funds on Sharpely based on returns, risk, AUM, and expense ratio to find the one that suits your investment goals.

mutual funds category

Medium Term

Best Medium Term Mutual Funds 2026

Total Schemes

No. of schemes

Total AUM

₹ 0.26Lakh Cr

As on latest

Category Return (5Y)

6.96 %

CAGR

Benchmark Data

This category currently has no benchmark assigned.

Category Returns (%)

Period	1M	6M	1Y	3Y CAGR	5Y CAGR	10Y CAGR	YTD
Medium Term	0.15 %	3.27 %	6.55 %	7.91 %	6.96 %	6.56 %	4.39 %
Benchmark Not Available No benchmark assigned	-	-	-	-	-	-	-

Top Medium Term Funds (by AUM)

Fund Name	AUM (₹ Cr)	1Y Return	3Y CAGR	5Y CAGR	Expense Ratio
SBI Medium Term Fund Direct-GrowthNAV: ₹59.85	6,488.59 Cr	7.17%	7.91%	6.90%	0.72%
ICICI Prudential Medium Term Fund Direct-GrowthNAV: ₹53.86	5,418.93 Cr	7.99%	8.55%	7.44%	0.73%
HDFC Medium Term Fund Direct-GrowthNAV: ₹66.10	3,599.40 Cr	7.01%	7.97%	6.82%	0.70%
Aditya Birla Sun Life Medium Term Fund Direct-GrowthNAV: ₹48.09	3,318.97 Cr	9.47%	10.65%	12.76%	0.83%
Axis Medium Term Fund Direct-GrowthNAV: ₹33.41	2,112.31 Cr	7.16%	8.45%	7.40%	0.72%
Kotak Medium Term Fund Direct-GrowthNAV: ₹27.61	1,926.02 Cr	7.76%	9.08%	7.47%	0.67%
Bandhan Medium Term Fund Direct-GrowthNAV: ₹53.35	1,260.95 Cr	6.24%	7.52%	6.02%	0.66%
HSBC Medium Term Fund Direct-GrowthNAV: ₹23.93	683.93 Cr	6.02%	7.85%	6.76%	0.41%
DSP Medium Term Direct-GrowthNAV: ₹92.56	251.42 Cr	5.38%	7.38%	6.30%	0.41%
Invesco India Medium Term Fund Direct-GrowthNAV: ₹1,362.10	164.68 Cr	5.40%	7.30%	6.06%	0.32%
Nippon India Medium Term Fund Direct-GrowthNAV: ₹18.40	147.02 Cr	6.55%	8.47%	6.87%	0.50%
Aditya Birla Sun Life Medium Term Plan - Segregated Portfolio 1 Direct-GrowthNAV: ₹0.57	130.72 Cr	-	-	-	0.82%
Franklin India Income Opportunities Fund - Segregated Portfolio 2 Direct-GrowthNAV: ₹2.04	45.54 Cr	-	-	-	0.22%
UTI Medium Term Fund Direct-GrowthNAV: ₹20.82	36.75 Cr	5.48%	7.06%	6.68%	0.92%
Sundaram Medium Term Fund Direct-GrowthNAV: ₹80.91	32.60 Cr	4.21%	6.12%	4.97%	1.16%

Medium Term vs Other Categories

5Y CAGR Return Comparison

10.54%

6.96%

6.81%

6.73%

Credit Risk

Medium Term

Floating Interest Rate

Short Term

Key Insights

Medium Term delivered 6.96% CAGR over the last 5 years.

It ranks #2 out of 18 categories based on 5Y performance.

Above the category average return of 6.49%.

1 categories outperform it, while 16 categories have lower returns.

Top performer: Credit Risk (10.54%).

Lowest performer: Long Term (5.63%).

Let's have a closer look

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

SBI Medium Term Fund Direct-Growth

Fund Performance: SBI Medium Term Fund Direct-Growth has given 7.91% annualized returns in the past three years and 6.90% in the last 5 years. The SBI Medium Term Fund Direct-Growth comes under the Debt category of SBI Mutual Fund.

Minimum Investment Amount: The minimum amount required to invest in SBI Medium Term Fund Direct-Growth via lump sum is ₹ 5,000.00 and via SIP is ₹ 500.00.

Min Investment Amt

₹ 5,000.00

AUM

₹ 6,488.59Cr

1Y Returns

7.17%

Expense Ratio

0.72%

ICICI Prudential Medium Term Fund Direct-Growth

Fund Performance: ICICI Prudential Medium Term Fund Direct-Growth has given 8.55% annualized returns in the past three years and 7.44% in the last 5 years. The ICICI Prudential Medium Term Fund Direct-Growth comes under the Debt category of ICICI Prudential Mutual Fund.

Minimum Investment Amount: The minimum amount required to invest in ICICI Prudential Medium Term Fund Direct-Growth via lump sum is ₹ 5,000.00 and via SIP is ₹ 1,000.00.

Min Investment Amt

₹ 5,000.00

AUM

₹ 5,418.93Cr

1Y Returns

7.99%

Expense Ratio

0.73%

HDFC Medium Term Fund Direct-Growth

Fund Performance: HDFC Medium Term Fund Direct-Growth has given 7.97% annualized returns in the past three years and 6.82% in the last 5 years. The HDFC Medium Term Fund Direct-Growth comes under the Debt category of HDFC Mutual Fund.

Minimum Investment Amount: The minimum amount required to invest in HDFC Medium Term Fund Direct-Growth via lump sum is ₹ 100.00 and via SIP is ₹ 100.00.

Min Investment Amt

₹ 100.00

AUM

₹ 3,599.40Cr

1Y Returns

7.01%

Expense Ratio

0.70%

Aditya Birla Sun Life Medium Term Fund Direct-Growth

Fund Performance: Aditya Birla Sun Life Medium Term Fund Direct-Growth has given 10.65% annualized returns in the past three years and 12.76% in the last 5 years. The Aditya Birla Sun Life Medium Term Fund 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 Medium Term Fund Direct-Growth via lump sum is ₹ 1,000.00 and via SIP is ₹ 1,000.00.

Min Investment Amt

₹ 1,000.00

AUM

₹ 3,318.97Cr

1Y Returns

9.47%

Expense Ratio

0.83%

Axis Medium Term Fund Direct-Growth

Fund Performance: Axis Medium Term Fund Direct-Growth has given 8.45% annualized returns in the past three years and 7.40% in the last 5 years. The Axis Medium Term Fund Direct-Growth comes under the Debt category of Axis Mutual Fund.

Minimum Investment Amount: The minimum amount required to invest in Axis Medium Term Fund Direct-Growth via lump sum is ₹ 100.00 and via SIP is ₹ 100.00.

Min Investment Amt

₹ 100.00

AUM

₹ 2,112.31Cr

1Y Returns

7.16%

Expense Ratio

0.72%

Kotak Medium Term Fund Direct-Growth

Fund Performance: Kotak Medium Term Fund Direct-Growth has given 9.08% annualized returns in the past three years and 7.47% in the last 5 years. The Kotak Medium Term Fund Direct-Growth comes under the Debt category of Kotak Mahindra Mutual Fund.

Minimum Investment Amount: The minimum amount required to invest in Kotak Medium Term Fund Direct-Growth via lump sum is ₹ 100.00 and via SIP is ₹ 100.00.

Min Investment Amt

₹ 100.00

AUM

₹ 1,926.02Cr

1Y Returns

7.76%

Expense Ratio

0.67%

Bandhan Medium Term Fund Direct-Growth

Fund Performance: Bandhan Medium Term Fund Direct-Growth has given 7.52% annualized returns in the past three years and 6.02% in the last 5 years. The Bandhan Medium Term Fund Direct-Growth comes under the Debt category of Bandhan Mutual Fund.

Minimum Investment Amount: The minimum amount required to invest in Bandhan Medium Term Fund Direct-Growth via lump sum is ₹ 1,000.00 and via SIP is ₹ 100.00.

Min Investment Amt

₹ 1,000.00

AUM

₹ 1,260.95Cr

1Y Returns

6.24%

Expense Ratio

0.66%

HSBC Medium Term Fund Direct-Growth

Fund Performance: HSBC Medium Term Fund Direct-Growth has given 7.85% annualized returns in the past three years and 6.76% in the last 5 years. The HSBC Medium Term Fund Direct-Growth comes under the Debt category of HSBC Mutual Fund.

Minimum Investment Amount: The minimum amount required to invest in HSBC Medium Term Fund Direct-Growth via lump sum is ₹ 5,000.00 and via SIP is ₹ 1,000.00.

Min Investment Amt

₹ 5,000.00

AUM

₹ 683.93Cr

1Y Returns

6.02%

Expense Ratio

0.41%

DSP Medium Term Direct-Growth

Fund Performance: DSP Medium Term Direct-Growth has given 7.38% annualized returns in the past three years and 6.30% in the last 5 years. The DSP Medium Term Direct-Growth comes under the Debt category of DSP Mutual Fund.

Minimum Investment Amount: The minimum amount required to invest in DSP Medium Term Direct-Growth via lump sum is ₹ 100.00 and via SIP is ₹ 100.00.

Min Investment Amt

₹ 100.00

AUM

₹ 251.42Cr

1Y Returns

5.38%

Expense Ratio

0.41%

Invesco India Medium Term Fund Direct-Growth

Fund Performance: Invesco India Medium Term Fund Direct-Growth has given 7.30% annualized returns in the past three years and 6.06% in the last 5 years. The Invesco India Medium Term Fund Direct-Growth comes under the Debt category of Invesco Mutual Fund.

Minimum Investment Amount: The minimum amount required to invest in Invesco India Medium Term Fund Direct-Growth via lump sum is ₹ 1,000.00 and via SIP is ₹ 1,000.00.

Min Investment Amt

₹ 1,000.00

AUM

₹ 164.68Cr

1Y Returns

5.40%

Expense Ratio

0.32%

Nippon India Medium Term Fund Direct-Growth

Fund Performance: Nippon India Medium Term Fund Direct-Growth has given 8.47% annualized returns in the past three years and 6.87% in the last 5 years. The Nippon India Medium Term Fund Direct-Growth comes under the Debt category of Nippon India Mutual Fund.

Minimum Investment Amount: The minimum amount required to invest in Nippon India Medium Term Fund Direct-Growth via lump sum is ₹ 5,000.00 and via SIP is ₹ 100.00.

Min Investment Amt

₹ 5,000.00

AUM

₹ 147.02Cr

1Y Returns

6.55%

Expense Ratio

0.50%

Aditya Birla Sun Life Medium Term Plan - Segregated Portfolio 1 Direct-Growth

Fund Performance: The Aditya Birla Sun Life Medium Term Plan - Segregated Portfolio 1 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 Medium Term Plan - Segregated Portfolio 1 Direct-Growth via lump sum is ₹ 1,000.00.

Min Investment Amt

₹ 1,000.00

AUM

₹ 130.72Cr

1Y Returns

Expense Ratio

0.82%

Franklin India Income Opportunities Fund - Segregated Portfolio 2 Direct-Growth

Fund Performance: The Franklin India Income Opportunities Fund - Segregated Portfolio 2 Direct-Growth comes under the Debt category of Franklin Templeton Mutual Fund.

Minimum Investment Amount: The minimum amount required to invest in Franklin India Income Opportunities Fund - Segregated Portfolio 2 Direct-Growth via lump sum is ₹ 5,000.00.

Min Investment Amt

₹ 5,000.00

AUM

₹ 45.54Cr

1Y Returns

Expense Ratio

0.22%

UTI Medium Term Fund Direct-Growth

Fund Performance: UTI Medium Term Fund Direct-Growth has given 7.06% annualized returns in the past three years and 6.68% in the last 5 years. The UTI Medium Term Fund Direct-Growth comes under the Debt category of UTI Mutual Fund.

Minimum Investment Amount: The minimum amount required to invest in UTI Medium Term Fund Direct-Growth via lump sum is ₹ 500.00 and via SIP is ₹ 500.00.

Min Investment Amt

₹ 500.00

AUM

₹ 36.75Cr

1Y Returns

5.48%

Expense Ratio

0.92%

Sundaram Medium Term Fund Direct-Growth

Fund Performance: Sundaram Medium Term Fund Direct-Growth has given 6.12% annualized returns in the past three years and 4.97% in the last 5 years. The Sundaram Medium Term Fund Direct-Growth comes under the Debt category of Sundaram Mutual Fund.

Minimum Investment Amount: The minimum amount required to invest in Sundaram Medium Term Fund Direct-Growth via lump sum is ₹ 5,000.00 and via SIP is ₹ 250.00.

Min Investment Amt

₹ 5,000.00

AUM

₹ 32.60Cr

1Y Returns

4.21%

Expense Ratio

1.16%