Debt mutual fund returns have outpaced those at several small-, mid- and large-cap equity funds in the past one year.
Gains of 13% in the Sensex have not benefited equity fund investors, for whom returns in traditional debt funds investing in government bonds may have been higher.
Long-duration debt funds and Gilt funds yielded 8.25% and 7.93% in the past one year, showed data on Value Research, which tracks the mutual fund industry.
