Lending for three to four years. Debt with a portfolio duration of three to four years. Called Medium Duration until SEBI renamed the debt categories in 2026.
Ranked by three-year return; funds without that figure at the end
Ranked by three-year return, the top three are Aditya Birla Sun Life Medium Term Fund (+9.6% a year), Nippon India Medium Term Fund (+7.7% a year) and Kotak Medium Term Fund (+7.5% a year). Past returns do not tell you future returns.
Aditya Birla Sun Life Medium Term Fund Aditya Birla Sun Life | +6.9% | +9.6% | +11.8% | 1/13 | 1.55% | ₹3,351 cr |
Nippon India Medium Term Fund Nippon India | +4.5% | +7.7% | +6.2% | 2/13 | 1.08% | ₹144 cr |
Kotak Medium Term Fund Kotak Mahindra | +4.2% | +7.5% | +6.2% | 3/13 | 1.63% | ₹1,868 cr |
| +4.9% | +7.5% | +6.5% | 4/13 | 1.32% | ₹1,939 cr | |
ICICI Prudential Medium Term Fund ICICI Prudential | +5.2% | +7.5% | +6.6% | 5/13 | 1.36% | ₹5,270 cr |
| +4.9% | +7.0% | +6.0% | 6/13 | 1.30% | ₹3,520 cr | |
| +4.8% | +6.9% | +6.1% | 7/13 | 1.22% | ₹6,332 cr | |
| +3.8% | +6.8% | — | 8/13 | 1.12% | ₹668 cr | |
Bandhan Medium Term Fund Bandhan | +4.6% | +6.7% | +5.2% | 9/13 | 1.36% | ₹1,237 cr |
| +2.9% | +6.4% | +5.7% | 10/13 | 0.71% | ₹247 cr | |
| +3.0% | +6.2% | +5.1% | 11/13 | 1.14% | ₹121 cr | |
| +2.9% | +5.9% | +5.1% | 12/13 | 1.54% | ₹34 cr | |
Sundaram Medium Term Fund Sundaram | +1.8% | +4.9% | +3.9% | 13/13 | 1.83% | ₹32 cr |
Answered from the figures above, updated every business day
13 funds, managing ₹24,764 cr between them as of 3 Nov 2026. The largest is SBI Medium Term Fund, at ₹6,332 cr.
The average Medium Term fund returned +4.2% over the last year, +7.0% a year over three years, +6.2% a year over five years. Over the last year the funds ranged from +1.8% to +6.9%. Past returns do not tell you future returns.
DSP Medium Term Fund, at 0.71% a year, against 1.32% for the average fund in the category. The expense ratio is taken out of the fund every day, so every return shown is already after it.
Aditya Birla Sun Life Medium Term Fund, at +9.6% a year over the last three years, against +7.0% for the average fund. Past returns do not tell you future returns.
Their volatility over the last year averaged 1.5%: the higher it is, the more the price swings from day to day. 7 of 13 carry the riskometer level Moderately High, on SEBI's six-step scale from Low to Very High.
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NAV, expense ratio and fund disclosures as published by AMFI and the fund houses; prices as of 3 Nov 2026. Figures are computed independently and may differ from a fund house's own factsheet.
DiscoverMF is an information and analytics service. Nothing here is investment advice, a recommendation, or an offer to buy or sell any scheme. Mutual fund investments are subject to market risks; read all scheme related documents carefully. Past performance does not indicate future returns.