Debt funds offer a secure investment avenue by focusing on fixed-income securities like corporate bonds, treasury bills, and government securities. These funds are considered less risky when compared to equities, providing investors with better returns than traditional savings. For those looking to explore the market in 2024, these are some top-performing debt funds:

• Aditya Birla Sun Life Medium Term Fund: Boasting a 13.26% return over the past three years and 8.91% over five, with an initial investment of ₹1,000 either as a lump sum or SIP.
• Aditya Birla Sun Life Medium Term Plan Fund: Offers 13.21% returns in three years and 9.55% in five, requiring a ₹1,000 minimum investment.
• UTI Medium to Long Duration Fund: Has a 10.07% return for the last three years and 6.95% for five, with investments starting at ₹500.
• Nippon India Strategic Debt Fund: Yields 9.85% in three years and 0.77% in five, with ₹5,000 for lump sum and ₹100 for SIP.
• HDFC Regular Savings Fund: Provides 8.88% over three years and 8.94% for five, with ₹5,000 minimum lump sum investment and ₹300 SIP.
• ICICI Prudential Dynamic Bond Fund: Offering 8.63% in three years and 8.38% over five years, with a ₹5,000 initial investment.
• Sundaram Low Duration Fund: Shows 8.49% returns over three years, requiring ₹1,000 for both lump sum and SIP.
• Sundaram Short Duration Fund: Returns 8.1% in three years, investing needs ₹5,000 at entry.
• UTI Short Duration Fund: Provides 7.62% in three years, start your investment with ₹500.
• UTI Low Duration Fund: Returns 7.52% over the last three years, with a ₹500 investment requirement.
• Nippon India Ultra Short Duration Fund: Delivers 7.26% in three years, needing a ₹100 minimum.
• Aditya Birla Sun Life Dynamic Bond Retail Fund: 7.01% returns in three years, starting at ₹1,000 investment.
• UTI Ultra Short Duration Fund: Offers 6.86% in three years and requires ₹500.
• ICICI Prudential All Seasons Bond Fund: 6.68% in last three years, with ₹5,000 needed for investment.
• SBI Magnum Gilt Fund: Provides 6.59% over three years, requiring ₹5,000.

These top 15 debt funds are well-suited for diversifying your investment portfolio. However, it's critical to remember that all mutual fund investments carry market risks. Ensure you review all related scheme documents thoroughly. Making informed investment decisions is key to a secure financial future.

Disclaimer: Mutual Fund investments are subject to market risks; please read all scheme-related documents carefully.