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

Equity savings funds returned 3.89% in a year to September
21 Sep 2026
The median equity savings fund returned 3.89% in the year to 18 September 2026, ahead of conservative hybrids' 2.86% but behind arbitrage funds' 6.79%.
Debt & Hybrid FundsFund Returns
Liquid funds returned 6.44% in a year, and sped up
24 Aug 2026
The median liquid fund returned 6.44% in the year to 23 August 2026, much as in March. But its last six months ran at about 6.9% a year, against 6.0% then.
Debt & Hybrid Funds
Dynamic bond funds returned 5.25% in a year to August
10 Aug 2026
The median dynamic bond fund returned 5.25% in the year to 7 August 2026, between gilt funds' 4.10% and corporate bond funds' 5.46%. Six beat it in both halves.
Debt & Hybrid Funds
Multi-asset funds: 10.58% in a year, gold did the work
27 Jul 2026
The median multi-asset fund returned 10.58% in the year to 24 July 2026 while the Nifty 50 fell 5.17%. Nearly all of it came in the six months gold rose 68%.
Debt & Hybrid FundsFund Returns
Gilt funds gained 2.58% in the three months to July
20 Jul 2026
The median gilt fund returned 2.58% in the three months to 17 July 2026, after 0.19% in the three to March. Long bonds, the laggards then, led the turn.
Debt & Hybrid Funds
Aggressive hybrid funds made 1.44% as large caps lost 1.11%
26 Jun 2026
In the year to 25 June 2026 the median aggressive hybrid fund returned 1.44%, the median large cap fund −1.11%. Hybrids fell less, rebounded nearly as far.
Debt & Hybrid FundsFund Returns
Banking and PSU debt funds returned 4.06% in a year
08 Jun 2026
The median banking and PSU debt fund returned 4.06% in the year to 5 June 2026, liquid funds 6.20%. Over three years the two medians are level, at 6.96%.
Debt & Hybrid Funds
Credit risk funds returned 6.50%, but read the jumps
25 May 2026
The median credit risk fund returned 6.50% in the year to 22 May 2026, against 3.48% for corporate bond funds. Four of 12 got a lift from one-day NAV jumps.
Debt & Hybrid Funds
Overnight, liquid or money market? May 2026 numbers
11 May 2026
In the year to early May 2026 the median overnight fund returned 5.39%, liquid 6.29% and money market 6.50%. The month-by-month order was far less tidy.
Debt & Hybrid Funds
Short duration vs corporate bond funds: April 2026
21 Apr 2026
The median short duration fund returned 5.79% in the year to 20 April 2026 and the median corporate bond fund 5.37%. Both trailed liquid funds' 6.34%.
Debt & Hybrid Funds
Balanced advantage funds fell 6.6% as the Nifty lost 11%
08 Apr 2026
From 27 February to 30 March 2026 the Nifty 50 fell 11.31%. The median balanced advantage fund lost 6.62%, and then caught about 60% of the rebound too.
Debt & Hybrid FundsFund Returns
Arbitrage funds returned 6.90% in a year to March 2026
30 Mar 2026
The median arbitrage fund returned 6.90% in the year to 27 March 2026, against 6.27% for liquid funds. March's volatility did not speed the funds up.
Debt & Hybrid Funds
Gilt funds made 2.55% in a year, the G-Sec index 4.82%
23 Mar 2026
The median gilt fund returned 2.55% in the year to 20 March 2026. NSE's 10-year benchmark G-Sec index returned 4.82%, and long-bond indices lost money.
Debt & Hybrid Funds
Liquid funds returned 6.38% in the year to March 2026
09 Mar 2026
The median liquid fund returned 6.38% in the year to 8 March 2026, and 31 of 37 funds sat within 0.10 points of it. The recent pace is nearer 6%.
Debt & Hybrid Funds