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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₹69.32+5.65%+7.78%+7.07%21,450
2Axis Short Duration Fund - Direct Plan - Growth OptionAxis Mutual Fund₹35.57+5.29%+7.59%+6.69%8,955
3Mahindra Manulife Short Duration Fund - Direct Plan -GrowthMahindra Manulife Mutual Fund₹14.00+5.29%+7.59%+6.54%86
4Nippon India Short Duration Fund - Direct Plan Growth Plan - Growth OptionNippon India Mutual Fund₹60.34+4.88%+7.54%+6.64%7,295
5Aditya Birla Sun Life Short Term Fund - Growth - Direct PlanAditya Birla Sun Life Mutual Fund₹54.13+4.95%+7.51%+6.78%7,291
6HDFC Short Term Debt Fund - Growth Option - Direct PlanHDFC Mutual Fund₹34.75+4.94%+7.45%+6.54%15,463
7Bandhan Short Duration Fund - Direct Plan - GrowthBandhan Mutual Fund₹64.39+4.90%+7.40%+6.32%8,376
8BANK OF INDIA Short Term Income Fund-Direct Plan- GrowthBank of India Mutual Fund₹30.47+4.70%+7.39%+10.59%272
9LIC MF Short Duration Fund-Direct Plan-GrowthLIC Mutual Fund₹16.34+4.68%+7.33%+6.17%138
10Kotak Bond Short Term Plan-(Growth) - DirectKotak Mahindra Mutual Fund₹60.13+4.46%+7.32%+6.42%16,487
11Baroda BNP Paribas Short Duration Fund - Direct Plan - Growth OptionBaroda BNP Paribas Mutual Fund₹33.26+4.53%+7.32%+6.39%260
12Sundaram Short Duration Fund (Formerly Known as Principal Short Term Debt Fund)- Direct Plan - Growth OptionSundaram Mutual Fund₹50.33+4.82%+7.31%+6.46%188
13UTI Short Duration Fund - Direct Plan - Growth OptionUTI Mutual Fund₹35.39+4.65%+7.28%+7.47%2,697
14Mirae Asset Short Duration Fund - Direct Plan - GrowthMirae Asset Mutual Fund₹17.47+4.43%+7.23%+6.33%575
15SBI SHORT TERM DEBT FUND - DIRECT PLAN -GROWTHSBI Mutual Fund₹35.78+4.61%+7.22%+6.30%13,746
16Invesco India Short Duration Fund - Direct Plan - GrowthInvesco Mutual Fund₹4125.83+4.54%+7.16%+6.11%883
17Groww Short Term Fund (formerly known as Indiabulls Short Term Fund) - Direct Plan - Growth OptionGroww Mutual Fund₹2504.89+4.62%+7.13%+6.02%96
18HSBC Short Duration Fund - Direct GrowthHSBC Mutual Fund₹29.39+4.47%+7.12%+6.03%3,870
19DSP Short Term Fund - Direct Plan - GrowthDSP Mutual Fund₹53.07+4.41%+7.11%+6.15%3,245
20Tata Short Term Bond Fund - Direct Plan - Growth OptionTata Mutual Fund₹55.45+4.41%+7.06%+6.24%3,142
21JM Short Duration Fund (Direct) - GrowthJM Financial Mutual Fund₹12.90+4.52%+7.01%+0.00%83
22TRUSTMF Short Duration Fund-Direct Plan-GrowthTrust Mutual Fund₹1336.37+4.51%+6.99%+0.00%1,656
23CANARA ROBECO SHORT DURATION FUND - DIRECT PLAN - GROWTH OPTIONCanara Robeco Mutual Fund₹29.03+4.59%+6.91%+5.91%298
24UTI Short Duration Fund - Discontinued Regular Option -Growth Sub OptionUTI Mutual Fund₹46.62+4.18%+6.58%+6.65%2,697
25Invesco India Short Duration Fund - Plan B - GrowthInvesco Mutual Fund₹3690.25+3.68%+6.46%+5.33%883
26Union Short Duration Fund - Direct Plan - Growth OptionUnion Mutual Fund₹10.88+4.43%+0.00%+0.00%86
27JioBlackRock Short Duration Fund - Direct Plan - Growth OptionJio BlackRock Mutual Fund₹1017.85+0.00%+0.00%+0.00%225

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