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Best Short Term Debt Funds

Short duration funds with 1–3 year maturity. Low interest rate risk and stable returns. Data from AMFI, updated daily.

28 funds in this category · showing top 24 ranked by 3-year return

Looking for the full directory? View all Short Term Debt Funds

#SchemeAUMNAV1Y3Y5Y10YSince Inception
1

Bandhan Short Term Fund · Regular · Growth

Bandhan Mutual Fund

₹8,581 Cr₹61.20+5.67%+7.21%+6.00%+6.61%
+7.28%
Dec 2000
Invest
2

Axis Short Term Fund · Regular · Growth

Axis Mutual Fund

₹8,708 Cr₹33.06+5.15%+7.15%+6.15%+6.79%
+7.43%
Jan 2010
Invest
3

HDFC Short Term Debt Fund · Regular · Growth

HDFC Mutual Fund

₹15,174 Cr₹34.16+5.02%+7.09%+6.17%+7.02%
+7.84%
Jun 2010
Invest
4

ICICI Prudential Short Term Fund · Regular · Growth

ICICI Prudential Mutual Fund

₹20,833 Cr₹64.41+5.35%+7.09%+6.42%+6.97%
+7.76%
Oct 2001
Invest
5

Nippon India Short Term Fund · Regular · Growth

Nippon India Mutual Fund

₹7,205 Cr₹56.26+4.87%+7.02%+5.98%+6.56%
+7.53%
Dec 2002
Invest
6

Bank of India Short Term Income Fund · Regular · Growth

Bank of India Mutual Fund

₹270 Cr₹28.39+4.62%+7.01%+10.28%+5.14%
+5.92%
Dec 2008
Invest
7

Aditya Birla Sun Life Short Term Fund · Regular · Growth

Aditya Birla Sun Life Mutual Fund

₹6,784 Cr₹50.68+4.96%+6.91%+6.12%+6.75%
+7.17%
Apr 2003
Invest
8

Sundaram Short Duration Fund · Regular · Growth

Sundaram Mutual Fund

₹188 Cr₹47.13+4.93%+6.83%——
+6.11%
Dec 2021
Invest
9

HSBC Short Term Fund · Regular · Growth

HSBC Mutual Fund

₹3,951 Cr₹28.15+4.71%+6.80%+5.68%+6.41%
+4.44%
Dec 2002
Invest
10

UTI Short Term Fund · Regular · Growth

UTI Mutual Fund

₹2,460 Cr₹33.70+4.68%+6.78%+6.02%+5.81%
+7.25%
May 2009
Invest
11

SBI Short Term Debt Fund · Regular · Growth

SBI Mutual Fund

₹14,001 Cr₹34.13+4.56%+6.75%+5.86%+6.49%
+6.61%
Jul 2007
Invest
12

SBI Short Term · Regular · Growth

SBI Mutual Fund

₹5.5 Cr₹38.62+4.56%+6.75%+5.86%+6.49%
+7.30%
Aug 2007
Invest
13

Baroda BNP Paribas Short Term Fund · Regular · Growth

Baroda BNP Paribas Mutual Fund

₹262 Cr₹31.07+4.72%+6.72%+5.81%+6.51%
+7.22%
Jul 2010
Invest
14

Invesco India Short Term Fund · Regular · Growth

Invesco Mutual Fund

₹789 Cr₹3771.62+4.20%+6.64%+5.48%+6.06%
+7.03%
Mar 2007
Invest
15

Mahindra Manulife Short Term Fund · Regular · Growth

Mahindra Manulife Mutual Fund

₹84.2 Cr₹13.54+4.72%+6.64%+5.60%—
+5.56%
Feb 2021
Invest
16

Trust SHORT DURATION FUND · Regular · Growth

Trust Mutual Fund

₹73.5 Cr₹1329.58+4.68%+6.58%+5.68%—
+5.69%
Aug 2021
Invest
17

Kotak Bond Fund (Short Term) · Regular · Growth

Kotak Mahindra Mutual Fund

₹15,682 Cr₹55.24+4.51%+6.58%+5.60%+6.39%
+7.25%
May 2002
Invest
18

DSP Short Term Fund · Regular · Growth

DSP Mutual Fund

₹3,312 Cr₹49.30+4.39%+6.51%+5.59%+6.20%
+6.86%
Aug 2002
Invest
19

LIC MF Short Term Fund · Regular · Growth

LIC Mutual Fund

₹138 Cr₹15.45+4.56%+6.49%+5.25%—
+5.84%
Feb 2019
Invest
20

Groww Short Term Fund · Regular · Growth

Groww Mutual Fund

₹93.1 Cr₹2213.40+4.66%+6.48%+5.09%+5.41%
+6.26%
Sep 2013
Invest
21

Mirae Asset Short Term Fund · Regular · Growth

Mirae Asset Mutual Fund

₹562 Cr₹16.61+4.05%+6.39%+5.51%—
+6.12%
Mar 2018
Invest
22

Canara Robeco Short Term Fund · Regular · Growth

Canara Robeco Mutual Fund

₹309 Cr₹26.92+4.57%+6.33%+5.40%+6.15%
+6.60%
Mar 2011
Invest
23

JM Short Term Fund · Regular · Growth

JM Financial Mutual Fund

₹81.7 Cr₹12.73+4.33%+6.31%——
+6.08%
Aug 2022
Invest
24

Tata Short Term Bond Fund · Regular · Growth

Tata Mutual Fund

₹3,033 Cr₹50.51+4.24%+6.27%+5.43%+5.52%
+6.94%
Aug 2002
Invest
―Category averagemedian of 56 funds——+4.96%+7.09%+6.14%—+6.99%

Showing Regular-Growth plans. Returns are CAGR (annualised) for periods ≥1 year, absolute for periods <1 year. Data sourced from AMFI. Past performance is not indicative of future results.

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