A look at 7 duration funds

By Morningstar Analysts |  29-10-18 | 
 

ICICI Prudential Savings Fund

The emphasis is on constructing a lower risk and liquid portfolio with strong credit quality. The fund's performance remains impressive across market conditions. Do read the brief analyst note.

  • Star Rating: 5 stars
  • Analyst Rating: Silver
  • Category: Low Duration
  • Credit Quality: High
  • Interest Rate Sensitivity: Limited
  • Date of Analysis: May 2018

IDFC Bond Fund - Medium Term Plan

The investment approach is research intensive and focusses on safety and liquidity. The fund manager has a strong track record in running duration strategies. He plies a cautious approach by constructing a portfolio of high credit quality instruments. Do read the brief analyst note.

  • Star Rating: 4 stars
  • Analyst Rating: Neutral
  • Category: Medium Duration
  • Credit Quality: High
  • Interest Rate Sensitivity: Limited
  • Date of Analysis: May 2018

ICICI Prudential Medium Term Bond Fund

The fund manager follows a research-based approach that focuses on qualitative and quantitative aspects. He focuses on minimising the impact of risks associated with credit strategies on the fund. However, it has to build its track record all over again under the new manager. Do read the brief analyst note.

  • Star Rating: 4 stars
  • Analyst Rating: Neutral
  • Category: Medium Duration
  • Credit Quality: High
  • Interest Rate Sensitivity: Limited
  • Date of Analysis: July 2018

HDFC Medium Term Debt Plan

A research-intensive approach focuses on both qualitative and quantitative aspects. A bias towards higher-quality papers issued by public sector undertakings. There is a scope of improvement in the fund’s performance within the new category. Do read the brief analyst note.

  • Star Rating: 5 stars
  • Analyst Rating: Silver
  • Category: Medium Duration
  • Credit Quality: High
  • Interest Rate Sensitivity: Limited
  • Date of Analysis: September 2018

IDFC Bond Fund – Income Plan

The investment approach is research driven with a focus on duration plays. Going ahead, the fund’s duration will be maintained above 7 years. The fund’s high expense has been a drag on its performance. Do read the brief analyst note.

  • Star Rating: 5 stars
  • Analyst Rating: Bronze
  • Category: Medium to Long Duration
  • Credit Quality: High
  • Interest Rate Sensitivity: Moderate
  • Date of Analysis: May 2018

ICICI Prudential Long Term Bond Fund

A research-driven process with focus on duration plays, spread analysis, and yield curve positioning. Longer-duration strategy with emphasis on quality to maintain portfolio liquidity. Track record under Manish Banthia remains phenomenal with a higher duration stance. Do read the brief analyst note.

  • Analyst Rating: Bronze
  • Category: Long Duration
  • Credit Quality: High
  • Interest Rate Sensitivity: Extensive
  • Date of Analysis: September 2018

IDFC Bond Fund – Short Term Plan

The investment approach is research intensive and focuses on safety and liquidity. Manager plies a cautious approach by constructing a portfolio of high-credit quality instruments. The fund’s performance has been along expected lines. Do read the brief analyst note.

  • Star Rating: 4 stars
  • Analyst Rating: Neutral
  • Category: Short Duration
  • Credit Quality: High
  • Interest Rate Sensitivity: Limited
  • Date of Analysis: May 2018
Add a Comment
Please login or register to post a comment.
<>
Top
Mutual Fund Tools
Feedback