Medium to Long Duration Mutual Funds

Investing isn’t just about chasing high returns—it’s about finding the right balance between growth, stability, and timing. That’s where medium to long duration debt funds quietly shine. They don’t always make headlines like equity funds or small-cap sprints, but for investors with a bit of patience and a medium-to-long time horizon, they can offer a smart way to ride interest rate cycles while keeping credit risk relatively low. View More

Think of them as the middle ground between short-term debt funds and ultra-long government securities. These funds typically invest in bonds with maturities ranging from 3 to 10 years, which means they’re sensitive to interest rate changes—sometimes in a good way, sometimes not.

So whether you're a conservative investor looking to step slightly out of your comfort zone, or someone planning for goals five years down the line—like buying a house, funding education, or even just parking money more smartly than in an FD—these funds deserve a closer look.

In this guide, we’ll break down what makes the best medium to long duration funds stand out, how to choose one based on your risk profile, and a few things to watch out for before diving in.

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List of Medium to Long Duration Mutual Funds

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What is a Medium to Long Duration Mutual Fund?

When you’re planning for goals that are still a few years away—like a child’s education, a home purchase, or even just building a safety net—finding the right balance between risk and return matters. That’s where medium to long duration debt mutual funds come in.
Under SEBI’s framework, these funds fall into a specific category that ensures they maintain a Macaulay duration between 4 and 7 years—a key metric that reflects how sensitive the fund is to changes in interest rates.

Whether you're looking at medium or medium-to-long duration funds, both aim to offer better yields than short-term funds while keeping volatility lower than what you might face with long-duration bonds. For investors with a moderate risk appetite and a time horizon of 3 to 7 years, these funds can provide a relatively stable, inflation-beating return, especially in a fluctuating interest rate environment.
 

Popular Medium to Long Duration Mutual Funds

  • Min SIP Investment Amt
  • ₹ 200
  • AUM (Cr.)
  • ₹ 176
  • 3Y Returns
  • 7.59%

  • LIC MF Medium to Long Duration Fund-Dir Growth is an Medium to Long Duration Fund scheme that was launched on 01-01-2013 and is currently under the management of our experienced fund manager Pratik Harish Shroff. With an impressive AUM of ₹176 Crores, this scheme's latest NAV is ₹82.2394 as of 8/21/2026 12:00:00 AM.


    LIC MF Medium to Long Duration Fund-Dir Growth scheme has delivered a return performance of 5.18% in the last 1 year, 7.59% in the last 3 years, and an since its launch. With a minimum SIP investment of just ₹ 200, this scheme offers a great investment opportunity for those looking to invest in Medium to Long Duration Fund.

  • Min SIP Investment Amt
  • ₹ 200
  • AUM (Cr.)
  • ₹ 176
  • 3Y Returns
  • 7.59%

  • Min SIP Investment Amt
  • ₹ 100
  • AUM (Cr.)
  • ₹ 1,983
  • 3Y Returns
  • 7.55%

  • ICICI Pru Bond Fund - Direct Growth is an Medium to Long Duration Fund scheme that was launched on 01-01-2013 and is currently under the management of our experienced fund manager Manish Banthia. With an impressive AUM of ₹1,983 Crores, this scheme's latest NAV is ₹45.0719 as of 8/21/2026 12:00:00 AM.


    ICICI Pru Bond Fund - Direct Growth scheme has delivered a return performance of 5.76% in the last 1 year, 7.55% in the last 3 years, and an since its launch. With a minimum SIP investment of just ₹ 100, this scheme offers a great investment opportunity for those looking to invest in Medium to Long Duration Fund.

  • Min SIP Investment Amt
  • ₹ 100
  • AUM (Cr.)
  • ₹ 1,983
  • 3Y Returns
  • 7.55%

  • Min SIP Investment Amt
  • ₹ 100
  • AUM (Cr.)
  • ₹ 1,795
  • 3Y Returns
  • 7.52%

  • Kotak Bond Fund - Direct Growth is an Medium to Long Duration Fund scheme that was launched on 01-01-2013 and is currently under the management of our experienced fund manager Abhishek Bisen. With an impressive AUM of ₹1,795 Crores, this scheme's latest NAV is ₹91.1308 as of 8/21/2026 12:00:00 AM.


    Kotak Bond Fund - Direct Growth scheme has delivered a return performance of 6.02% in the last 1 year, 7.52% in the last 3 years, and an since its launch. With a minimum SIP investment of just ₹ 100, this scheme offers a great investment opportunity for those looking to invest in Medium to Long Duration Fund.

  • Min SIP Investment Amt
  • ₹ 100
  • AUM (Cr.)
  • ₹ 1,795
  • 3Y Returns
  • 7.52%

  • Min SIP Investment Amt
  • ₹ 100
  • AUM (Cr.)
  • ₹ 830
  • 3Y Returns
  • 7.13%

  • HDFC Income Fund - Direct Growth is an Medium to Long Duration Fund scheme that was launched on 01-01-2013 and is currently under the management of our experienced fund manager Anupam Joshi. With an impressive AUM of ₹830 Crores, this scheme's latest NAV is ₹67.5753 as of 8/21/2026 12:00:00 AM.


    HDFC Income Fund - Direct Growth scheme has delivered a return performance of 5.36% in the last 1 year, 7.13% in the last 3 years, and an since its launch. With a minimum SIP investment of just ₹ 100, this scheme offers a great investment opportunity for those looking to invest in Medium to Long Duration Fund.

  • Min SIP Investment Amt
  • ₹ 100
  • AUM (Cr.)
  • ₹ 830
  • 3Y Returns
  • 7.13%

  • Min SIP Investment Amt
  • ₹ 500
  • AUM (Cr.)
  • ₹ 2,051
  • 3Y Returns
  • 7.11%

  • SBI Medium to Long Duration Fund-Dir Growth is an Medium to Long Duration Fund scheme that was launched on 01-01-2013 and is currently under the management of our experienced fund manager Mohit Jain. With an impressive AUM of ₹2,051 Crores, this scheme's latest NAV is ₹80.2861 as of 8/21/2026 12:00:00 AM.


    SBI Medium to Long Duration Fund-Dir Growth scheme has delivered a return performance of 5.39% in the last 1 year, 7.11% in the last 3 years, and an since its launch. With a minimum SIP investment of just ₹ 500, this scheme offers a great investment opportunity for those looking to invest in Medium to Long Duration Fund.

  • Min SIP Investment Amt
  • ₹ 500
  • AUM (Cr.)
  • ₹ 2,051
  • 3Y Returns
  • 7.11%

  • Min SIP Investment Amt
  • ₹ 100
  • AUM (Cr.)
  • ₹ 351
  • 3Y Returns
  • 7.03%

  • Nippon India Medium to Long Duration Fund - Dir Growth is an Medium to Long Duration Fund scheme that was launched on 01-01-2013 and is currently under the management of our experienced fund manager Vivek Sharma. With an impressive AUM of ₹351 Crores, this scheme's latest NAV is ₹105.2438 as of 8/21/2026 12:00:00 AM.


    Nippon India Medium to Long Duration Fund - Dir Growth scheme has delivered a return performance of 5.68% in the last 1 year, 7.03% in the last 3 years, and an since its launch. With a minimum SIP investment of just ₹ 100, this scheme offers a great investment opportunity for those looking to invest in Medium to Long Duration Fund.

  • Min SIP Investment Amt
  • ₹ 100
  • AUM (Cr.)
  • ₹ 351
  • 3Y Returns
  • 7.03%

  • Min SIP Investment Amt
  • ₹ 500
  • AUM (Cr.)
  • ₹ 30
  • 3Y Returns
  • 6.92%

  • JM Medium to Long Duration Fund - Direct Growth is an Medium to Long Duration Fund scheme that was launched on 01-01-2013 and is currently under the management of our experienced fund manager Killol Pandya. With an impressive AUM of ₹30 Crores, this scheme's latest NAV is ₹72.3627 as of 8/21/2026 12:00:00 AM.


    JM Medium to Long Duration Fund - Direct Growth scheme has delivered a return performance of 4.41% in the last 1 year, 6.92% in the last 3 years, and an since its launch. With a minimum SIP investment of just ₹ 500, this scheme offers a great investment opportunity for those looking to invest in Medium to Long Duration Fund.

  • Min SIP Investment Amt
  • ₹ 500
  • AUM (Cr.)
  • ₹ 30
  • 3Y Returns
  • 6.92%

  • Min SIP Investment Amt
  • ₹ 100
  • AUM (Cr.)
  • ₹ 425
  • 3Y Returns
  • 6.73%

  • Bandhan Medium to Long Duration Fund - Dir Growth is an Medium to Long Duration Fund scheme that was launched on 01-01-2013 and is currently under the management of our experienced fund manager Suyash Choudhary. With an impressive AUM of ₹425 Crores, this scheme's latest NAV is ₹74.9088 as of 8/21/2026 12:00:00 AM.


    Bandhan Medium to Long Duration Fund - Dir Growth scheme has delivered a return performance of 6.53% in the last 1 year, 6.73% in the last 3 years, and an since its launch. With a minimum SIP investment of just ₹ 100, this scheme offers a great investment opportunity for those looking to invest in Medium to Long Duration Fund.

  • Min SIP Investment Amt
  • ₹ 100
  • AUM (Cr.)
  • ₹ 425
  • 3Y Returns
  • 6.73%

  • Min SIP Investment Amt
  • ₹ 1000
  • AUM (Cr.)
  • ₹ 49
  • 3Y Returns
  • 6.73%

  • HSBC Medium to Long Duration Fund - Direct Growth is an Medium to Long Duration Fund scheme that was launched on 01-01-2013 and is currently under the management of our experienced fund manager Mohd Asif Rizwi. With an impressive AUM of ₹49 Crores, this scheme's latest NAV is ₹48.9079 as of 8/21/2026 12:00:00 AM.


    HSBC Medium to Long Duration Fund - Direct Growth scheme has delivered a return performance of 4.10% in the last 1 year, 6.73% in the last 3 years, and an since its launch. With a minimum SIP investment of just ₹ 1000, this scheme offers a great investment opportunity for those looking to invest in Medium to Long Duration Fund.

  • Min SIP Investment Amt
  • ₹ 1000
  • AUM (Cr.)
  • ₹ 49
  • 3Y Returns
  • 6.73%

  • Min SIP Investment Amt
  • ₹ 500
  • AUM (Cr.)
  • ₹ 302
  • 3Y Returns
  • 6.59%

  • UTI-Medium to Long Duration Fund - Direct Growth is an Medium to Long Duration Fund scheme that was launched on 01-01-2013 and is currently under the management of our experienced fund manager Amit Sharma. With an impressive AUM of ₹302 Crores, this scheme's latest NAV is ₹83.3977 as of 8/21/2026 12:00:00 AM.


    UTI-Medium to Long Duration Fund - Direct Growth scheme has delivered a return performance of 4.59% in the last 1 year, 6.59% in the last 3 years, and an since its launch. With a minimum SIP investment of just ₹ 500, this scheme offers a great investment opportunity for those looking to invest in Medium to Long Duration Fund.

  • Min SIP Investment Amt
  • ₹ 500
  • AUM (Cr.)
  • ₹ 302
  • 3Y Returns
  • 6.59%
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