You can compare debt mutual funds using the tips mentioned below:
1. Ensure the portfolio has enough AA and AAA-rated securities to minimise credit risk. Credit rating helps understand the credit quality of the securities in the portfolio.
2. Check the modified duration of the debt security. It provides information about the interest rate risk of the debt fund.
3. Yield to maturity is an aspect which represents the rate of return earned if the investor holds it till maturity.