Specialised Debt Mutual Funds

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Explore debt strategies by their actual exposure and structure. Overseas bond FoFs and domestic sectoral debt funds follow different mandates and should be compared in separate groups. 

List of Specialised Debt Mutual Funds to Compare

Use the strategy groups to compare schemes with similar underlying exposure. Check the wrapper, currency, portfolio and benchmark before comparing returns. This directory is not a single SEBI scheme category.

Total funds

8

SEBI categorised

Category AUM

₹1.11K Cr

▼ ₹17 Cr MoM

Net flow - October 2026

₹24 Cr

▲ Net Inflow

Fund Name
NAV
NAV Date
Exp. Ratio
Bandhan US Treasury Bond 0 1 year Specific Debt Passive FOF Fund
Not Ranked*
13.28
9.49%
8.44%
N/A
0.09
₹143 Cr
Aditya Birla Sun Life US Treasury 3 10 Year Bond ETFs PASSIVE FoF Fund
Not Ranked*
12.70
4.6%
7.93%
N/A
0.12
₹130 Cr
Aditya Birla Sun Life US Treasury 1 3 year Bond ETFs PASSIVE FoF Fund
Not Ranked*
12.71
7.99%
8.24%
N/A
0.13
₹66 Cr
Axis US Specific Treasury Dynamic Debt Passive FOF Fund
Not Ranked*
11.82
2.79%
N/A
N/A
0.09
₹36 Cr
DSP US Specific Debt Passive FoF Fund
Not Ranked*
12.11
3.28%
N/A
N/A
0.24
₹52 Cr
DSP Financial Services Sectoral Debt Fund
Not Ranked*
10.10
N/A
N/A
N/A
0.52
₹685 Cr
Aditya Birla Sun Life Financial Services Sectoral Debt Fund
Not Ranked*
10.07
N/A
N/A
N/A
0
₹0 Cr
UTI Financial Services Debt Fund
Not Ranked*
10.02
N/A
N/A
N/A
0
₹0 Cr

What Are Specialised Debt Mutual Funds and How Do They Work?

This directory groups debt strategies that need more specific explanations than an other bond label. It is not a single SEBI category, and the schemes shown may have different instruments, geographies and structures.

Overseas debt funds of funds and domestic sectoral debt schemes should appear in separate groups. Compare their underlying exposure before comparing returns.

Who Should Consider Specialised Debt Mutual Funds?

Investors with a specific, researched need for the underlying exposure may use this directory to identify comparable schemes. It should support a portfolio decision rather than a search for whichever specialised fund recently returned the most.

These strategies should not automatically be used for short-term cash needs. For conventional domestic debt comparisons, explore money market funds, gilt funds and debt index funds.

Advantages of Specialised Debt Mutual Funds

Specialised strategies can provide access to exposures that differ from conventional domestic debt portfolios. They may serve a defined role where the investor understands the mandate and its effect on the overall portfolio.

Risks and Limitations of Specialised Debt Mutual Funds

Risks can include interest-rate movements, currency changes, sector concentration, credit events, liquidity and wrapper costs. Their importance differs across schemes; one blanket low-risk description would be misleading.

How to Choose Specialised Debt Mutual Funds

  • Select the strategy group before looking at returns.
  • Check geography, currency exposure, instruments, issuer quality and portfolio duration.
  • For FoFs, inspect the underlying fund and both layers of applicable expenses.
  • Compare returns in a consistent currency and against the appropriate benchmark.
  • Review subscription availability, exit load and redemption conditions.

Overseas Bond FoFs vs Domestic Sectoral Debt Funds

Overseas Bond Funds of Funds

An overseas bond FoF invests through underlying funds or exchange-traded funds under its mandate. Its return depends on the bond exposure, market prices, costs and currency movements affecting the investment.

A US Treasury strategy and a broader overseas debt strategy can have different duration and issuer exposure. The wrapper can also introduce underlying fund costs. Check current subscription restrictions and the selected scheme’s documents.

Domestic Sectoral Debt Funds

A sectoral debt strategy concentrates on debt instruments associated with a particular sector. This differs from owning overseas bond funds and can create concentrated issuer and sector exposure.

Review issuer quality, concentration, duration and liquidity. A recognisable sector or issuer name does not establish that the fund is suitable for capital preservation.

Frequently Asked Questions

Treat this page as a directory of different strategies rather than one comparable peer group. Verify the actual category and mandate of each scheme in its current documents.

It invests through underlying funds or ETFs with overseas bond exposure, under its mandate. Review the underlying securities, currency exposure, duration and both layers of applicable costs.

No. Even where the underlying bonds are sovereign, bond prices, currency movements and costs can affect the value received by an Indian investor. Check whether and how the scheme manages currency exposure

A sectoral debt fund focuses on a sector’s debt exposure, while an overseas debt FoF invests through underlying overseas funds. Their geography, wrapper, concentration and risk sources can differ.

First select a similar mandate and wrapper. Then compare duration, credit quality, concentration, currency exposure, benchmark, expenses and redemption terms. A single return ranking across different strategies is insufficient.

Availability can change and may differ for fresh subscriptions and existing investment instructions. Check the latest scheme notice and transaction availability before placing an order.