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Built for Indian retail investors · NSE · BSE · Mutual Funds

Mutual Funds/Categories/Short Duration

Best Short Duration Mutual Funds in India

Funds with a 1–3 year duration profile. Ranked by 3-year annualised returns (Direct-Growth plans).

#FundNAV1Y3Y5YAUM (Cr)
1ICICI Prudential Short Term Fund - Direct Plan - Growth OptionICICI Prudential Mutual Fund₹70.31+6.20%+7.96%+7.25%19,175
2Mahindra Manulife Short Duration Fund - Direct Plan -GrowthMahindra Manulife Mutual Fund₹14.22+6.06%+7.88%+6.74%84
3Axis Short Duration Fund - Direct Plan - Growth OptionAxis Mutual Fund₹36.06+6.00%+7.86%+6.87%8,183
4Nippon India Short Duration Fund - Direct Plan Growth Plan - Growth OptionNippon India Mutual Fund₹61.21+5.76%+7.80%+6.81%7,040
5Aditya Birla Sun Life Short Term Fund - Growth - Direct PlanAditya Birla Sun Life Mutual Fund₹54.97+5.89%+7.77%+6.96%5,793
6Bandhan Short Duration Fund - Direct Plan - GrowthBandhan Mutual Fund₹65.39+5.86%+7.74%+6.51%8,889
7BANK OF INDIA Short Term Income Fund-Direct Plan- GrowthBank of India Mutual Fund₹30.88+5.44%+7.67%+10.78%271
8HDFC Short Term Debt Fund - Growth Option - Direct PlanHDFC Mutual Fund₹35.23+5.64%+7.65%+6.69%15,008
9LIC MF Short Duration Fund-Direct Plan-GrowthLIC Mutual Fund₹16.57+5.52%+7.62%+6.35%129
10Kotak Bond Short Term Plan-(Growth) - DirectKotak Mahindra Mutual Fund₹61.00+5.31%+7.58%+6.60%14,360
11Mirae Asset Short Duration Fund - Direct Plan - GrowthMirae Asset Mutual Fund₹17.73+5.29%+7.51%+6.50%543
12Baroda BNP Paribas Short Duration Fund - Direct Plan - Growth OptionBaroda BNP Paribas Mutual Fund₹33.69+5.14%+7.51%+6.54%260
13Sundaram Short Duration Fund (Formerly Known as Principal Short Term Debt Fund)- Direct Plan - Growth OptionSundaram Mutual Fund₹50.96+5.42%+7.50%+6.62%184
14Groww Short Term Fund (formerly known as Indiabulls Short Term Fund) - Direct Plan - Growth OptionGroww Mutual Fund₹2542.44+5.47%+7.50%+6.24%95
15UTI Short Duration Fund - Direct Plan - Growth OptionUTI Mutual Fund₹35.87+5.42%+7.49%+7.62%2,128
16SBI SHORT TERM DEBT FUND - DIRECT PLAN -GROWTHSBI Mutual Fund₹36.29+5.42%+7.47%+6.49%13,976
17Invesco India Short Duration Fund - Direct Plan - GrowthInvesco Mutual Fund₹4183.11+5.39%+7.44%+6.29%742
18HSBC Short Duration Fund - Direct GrowthHSBC Mutual Fund₹29.81+5.27%+7.40%+6.22%4,210
19DSP Short Term Fund - Direct Plan - GrowthDSP Mutual Fund₹53.74+5.27%+7.39%+6.33%3,549
20Tata Short Term Bond Fund - Direct Plan - Growth OptionTata Mutual Fund₹56.14+5.17%+7.28%+6.38%2,931
21JM Short Duration Fund (Direct) - GrowthJM Financial Mutual Fund₹13.05+5.18%+7.20%+0.00%80
22TRUSTMF Short Duration Fund-Direct Plan-GrowthTrust Mutual Fund₹1351.48+5.01%+7.15%+0.00%57
23CANARA ROBECO SHORT DURATION FUND - DIRECT PLAN - GROWTH OPTIONCanara Robeco Mutual Fund₹29.38+5.32%+7.10%+6.06%291
24UTI Short Duration Fund - Discontinued Regular Option -Growth Sub OptionUTI Mutual Fund₹47.23+4.95%+6.80%+6.81%2,128
25Invesco India Short Duration Fund - Plan B - GrowthInvesco Mutual Fund₹3737.66+4.52%+6.73%+5.51%742
26Union Short Duration Fund - Direct Plan - Growth OptionUnion Mutual Fund₹11.02+5.10%+0.00%+0.00%100
27JioBlackRock Short Duration Fund - Direct Plan - Growth OptionJio BlackRock Mutual Fund₹1032.27+0.00%+0.00%+0.00%93

Returns are annualised for periods over 1 year. Past performance does not guarantee future returns. This is not investment advice.

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Large CapMid CapSmall CapFlexi CapLarge & Mid CapMulti CapELSS (Tax Saver)FocusedIndexSectoral / ThematicAggressive HybridBalanced AdvantageConservative HybridMulti Asset AllocationArbitrageLiquidMoney MarketCorporate BondGilt