Medium Term Funds Compared
Every medium term mutual fund's 1, 3 and 5-year return, SIP return and record against the Nifty 50, ranked by a stated measure, from AMFI NAVs.
As of 30 Sep 2026, there are 12 medium term funds with at least 3 years of NAVs. Over 5 years their direct plans returned a median 6.7% a year. The highest 5-year return was Aditya Birla Sun Life Medium Term Fund at 12.6% a year.
All medium term funds, ranked by 5-year return
| # | Fund | 1y | 3y | 5y | 10y | 5y regular | 5y SIP XIRR | Expense ratio (direct) |
|---|---|---|---|---|---|---|---|---|
| 1 | Aditya Birla Sun Life Medium Term Fund | 8.7% | 10.5% | 12.6% | 9.1% | 11.8% | 11.1% | 0.83% |
| 2 | ICICI Prudential Medium Term Fund | 7.0% | 8.4% | 7.3% | 7.9% | 6.6% | 8.0% | 0.73% |
| 3 | Axis Medium Term Fund | 6.5% | 8.3% | 7.3% | 7.8% | 6.6% | 7.8% | 0.71% |
| 4 | Nippon India Medium Term Fund (Existing Number of Segregated Portfolios - 1) | 6.0% | 8.3% | 6.8% | 3.6% | 6.2% | 7.8% | 0.50% |
| 5 | SBI Medium Term Fund | 6.5% | 7.7% | 6.8% | 8.1% | 6.2% | 7.4% | 0.72% |
| 6 | HDFC Medium Term Fund | 6.4% | 7.8% | 6.7% | 7.5% | 6.0% | 7.4% | 0.70% |
| 7 | DSP Medium Term Fund | 4.4% | 7.1% | 6.1% | 5.9% | 5.7% | 6.6% | 0.41% |
| 8 | Bandhan Medium Term Fund | 6.0% | 7.5% | 6.0% | 6.9% | 5.3% | 6.9% | 0.66% |
| 9 | Invesco India Medium Term Fund | 4.6% | 7.0% | 5.9% | — | 5.0% | 6.5% | 0.32% |
| 10 | UTI Medium Term Fund | 4.6% | 6.8% | 5.9% | 5.9% | 5.2% | 6.3% | 0.94% |
| 11 | Sundaram Medium Term Fund (Formerly Known as Sundaram Medium Duration Fund) | 3.6% | 6.0% | 4.8% | 5.7% | 3.9% | 5.4% | 1.16% |
| — | HSBC Medium Term Fund | 5.4% | 7.7% | — | — | — | — | 0.41% |
Direct plans, Growth option, to 30 Sep 2026. Funds that closed or merged are not in AMFI's current list, so the category looks a little better than investors actually did (survivorship). Returns are yearly (CAGR) from AMFI month-end NAVs of the Growth option. An index's return is measured through a low-cost index fund's direct plan, so it is a little below the index itself. Past returns do not tell you what a fund will do next, and this is not a recommendation to buy or sell any fund. Other categories: all mutual fund categories.
Key takeaways
Frequently asked questions
Which medium term fund has given the highest returns?
Over the 5 years to 30 Sep 2026, Aditya Birla Sun Life Medium Term Fund (direct plan) at 12.6% a year. Past returns do not predict future ones.
What is the average return of medium term funds?
The median direct plan returned 6.7% a year over 5 years to 30 Sep 2026.