Debt SIP (Systematic Investment Plan) mutual funds allow investors to invest in fixed-income securities through regular, systematic contributions. These funds primarily invest in bonds, government securities, and money market instruments.
Debt funds experienced moderate growth of ~7% in FY 2024, reaching assets of ₹12.62 lakh crore, after contracting 2% and 9% in FY 2022 and 2023, respectively.
In November, assets of income/debt-oriented schemes surged to an all-time high of ₹16.86 lakh crore. The sector saw inflows of ₹12,916 crore, with low-duration funds receiving 34% of the total net inflows within the debt category during the month.
As the year 2024 comes to an end, here are the most bought debt SIPs on Angel One in the year.
Scheme Name | AUM (₹ in crore) | NAV (₹) |
ICICI Prudential Banking and PSU Debt Fund | 9,126.63 | 32.54 |
Aditya Birla Sun Life Liquid Fund | 44,520.6 | 410.15 |
Nippon India Liquid Fund | 32,107.82 | 6,217.67 |
Navi Overnight Fund | 5.94 | 10.84 (As of Nov 12, 2024) |
Motilal Oswal Liquid Fund | 811.78 | 13.46 |
Nippon India Overnight Fund | 8,439.04 | 134.69 |
ICICI Prudential Liquid Fund | 50,756.34 | 376.08 |
Navi Liquid Fund | 71.8 | 27.39 (As of Oct 25, 2024) |
SBI Magnum Gilt Fund | 10,979.09 | 66.92 |
SBI Liquid Fund | 64,117.02 | 1,297.9 |
Source: Angel One
Note: NAV and AUM data were taken as of December 19, 2024, unless mentioned otherwise.
Criteria: Most bought debt SIPs are listed based on the count of orders received from January 1 to December 17, 2024. These are provided only for informational purposes.
It is important to note that the above schemes are the most invested ones on Angel One. These are not recommendations.
You should do your own research before investing in stocks and mutual funds. Consider your financial goals, risk appetite, etc. or consult a financial advisor.
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. It is based on several secondary sources on the internet and is subject to changes. This does not constitute a personal recommendation/ investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.
Mutual Fund investments are subject to market risks, read all scheme-related documents carefully.
The securities/scrip mentioned are for informational purposes only and not for recommendation.
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