Debt & Hybrid Funds
Liquid, gilt, credit, arbitrage and hybrid funds — returns, yields and how they behaved.

Arbitrage funds vs liquid funds: the 2026 scorecard
01 Oct 2026
The median arbitrage fund returned 6.68% in the year to 30 September 2026, against 6.46% for liquid funds. Where each came out ahead, and what it cost.
Debt & Hybrid FundsFund Returns
Balanced advantage funds in 2026's falling market
01 Oct 2026
The Nifty 50 fell 13.4% from 31 December 2025 to 30 September 2026. The median balanced advantage fund lost 1.7%, and its worst dip was 8.7%.
Debt & Hybrid FundsFund Returns
Gilt funds returned 3% in a year, half what liquid did
01 Oct 2026
The median gilt fund returned 3.02% in the year to 30 September 2026, against 6.46% for liquid funds. The spread between gilt funds was over 7 points.
Debt & Hybrid FundsFund Returns
Liquid funds returned 6.46% in a year; overnight 5.26%
01 Oct 2026
Over the year to 30 September 2026 the median liquid fund returned 6.46% and the median overnight fund 5.26%. How close together the funds in each finished.
Debt & Hybrid FundsFund Returns
Multi-asset funds returned 7.9% while the Nifty fell
01 Oct 2026
The median multi-asset allocation fund returned 7.85% in the year to 30 September 2026, as the Nifty 50 fell 8.09%. The funds were 15 points apart.
Debt & Hybrid FundsFund Returns
Short duration vs corporate bond funds in 2026
01 Oct 2026
In the year to 30 September 2026, the median short duration fund returned 5.26% and the median corporate bond fund 4.95%, with lower volatility too.
Debt & Hybrid FundsFund Returns