Best Short Term Fund in India 2026
Compare all 60 Short Term Fund Direct Growth funds by stability score, returns, expense ratio and risk metrics. Independent analysis by FundMatrix.
60 Funds₹96K Cr Category AUM0.31% Avg TER5.3% Avg 1Y Return
🛡 Top by Stability Score
1UTI Fixed Term Income Fund Series XXXVI - I (1574 Days)822Axis CRISIL-IBX AAA Bond NBFC - Jun 2027 Index Fund773ICICI Prudential Short Term Fund774HDFC CRISIL-IBX Financial Services 3-6 Months Debt Index Fund775UTI NIFTY SDL Plus AAA PSU Bond Apr 2028- 75:25 Index Fund77📈 Top by 1Y Returns
1HDFC CRISIL-IBX Financial Services 3-6 Months Debt Index Fund7.25%2Aditya Birla Sun Life Crisil-IBX Financial Services 3 to 6 months Debt Index Fund7.07%3ICICI Prudential CRISIL-IBX Financial Services 3-6 Months Debt Index Fund7.06%4Bandhan CRISIL-IBX Financial Services 3-6 Months Debt Index Fund6.96%5Kotak CRISIL-IBX Financial Services 3-6 Months Debt Index Fund6.86%60 funds
| Fund Name | AMC | Stability | AUM | TER | 1Y Return | Sharpe | |
|---|---|---|---|---|---|---|---|
Kotak Short Term Fund | Kotak Mahindra Mutual Fund | 71High | ₹12K Cr | 0.38% | +4.96% | -1.39 | → |
ICICI Prudential Short Term Fund | ICICI Prudential Mutual Fund | 77High | ₹12K Cr | 0.45% | +5.64% | -0.78 | → |
Sbi Short Term Fund | SBI Mutual Fund | 71High | ₹10K Cr | 0.42% | +4.52% | -1.84 | → |
HDFC Short Term Fund | HDFC Mutual Fund | 72High | ₹10K Cr | 0.40% | +5.01% | -1.32 | → |
ICICI Prudential Nifty PSU Bond Plus SDL Sep 2027 40:60 Index Fund | ICICI Prudential Mutual Fund | 66Moderate | ₹6K Cr | 0.20% | +5.69% | -1.15 | → |
Bandhan Short Term Fund | Bandhan Mutual Fund | 70Moderate | ₹6K Cr | 0.36% | +5.73% | -0.86 | → |
Axis Short Term Fund | Axis Mutual Fund | 71High | ₹6K Cr | 0.40% | +5.26% | -1.19 | → |
Nippon India Short Term Fund | Nippon India Mutual Fund | 72High | ₹5K Cr | 0.39% | +5.10% | -1.13 | → |
Aditya Birla Sun Life Short Term Fund | Aditya Birla Sun Life Mutual Fund | 72High | ₹4K Cr | 0.36% | +5.30% | -1.04 | → |
DSP Short Term Fund | DSP Mutual Fund | 71High | ₹3K Cr | 0.37% | +4.56% | -1.46 | → |
Nippon India Nifty AAA CPSE Bond Plus SDL - Apr 2027 Maturity 60:40 Index Fund | Nippon India Mutual Fund | 68Moderate | ₹2K Cr | 0.15% | +6.33% | -0.63 | → |
Tata Short Term Fund | Tata Mutual Fund | 71High | ₹2K Cr | 0.37% | +4.75% | -1.46 | → |
Aditya Birla Sun Life Crisil-IBX Financial Services 3 to 6 months Debt Index Fund | Aditya Birla Sun Life Mutual Fund | 75Insufficient History | ₹2K Cr | 0.14% | +7.07% | 0.93 | → |
Axis CRISIL-IBX AAA Bond NBFC - Jun 2027 Index Fund | Axis Mutual Fund | 77Insufficient History | ₹2K Cr | 0.15% | +6.29% | -0.54 | → |
HDFC CRISIL-IBX Financial Services 3-6 Months Debt Index Fund | HDFC Mutual Fund | 77Insufficient History | ₹2K Cr | 0.09% | +7.25% | 1.35 | → |
Edelweiss NIFTY PSU Bond Plus SDL Apr 2027 50:50 Index Fund | Edelweiss Mutual Fund | 65Moderate | ₹2K Cr | 0.25% | +6.07% | -1.00 | → |
UTI Short Term Fund | UTI Mutual Fund | 70High | ₹1K Cr | 0.41% | +4.78% | -1.54 | → |
Aditya Birla Sun Life Crisil-IBX Financial Services 9-12 Months Debt Index Fund | Aditya Birla Sun Life Mutual Fund | 67Insufficient History | ₹937 Cr | 0.16% | +6.34% | -0.47 | → |
Kotak CRISIL-IBX Financial Services 9 to 12 Months Debt Index Fund | Kotak Mahindra Mutual Fund | 50Insufficient History | ₹933 Cr | 0.12% | +6.38% | -0.43 | → |
HDFC CRISIL-IBX Financial Services 9-12 Months Debt Index Fund | HDFC Mutual Fund | — | ₹848 Cr | 0.13% | — | — | → |
Tata Nifty SDL Plus AAA PSU Bond Dec 2027 60 40 Index Fund | Tata Mutual Fund | 71High | ₹503 Cr | 0.24% | +5.37% | -1.27 | → |
Invesco India Short Term Fund | Invesco Mutual Fund | 69Moderate | ₹488 Cr | 0.39% | +4.48% | -1.66 | → |
ICICI Prudential CRISIL-IBX Financial Services 3-6 Months Debt Index Fund | ICICI Prudential Mutual Fund | 73Insufficient History | ₹465 Cr | 0.09% | +7.06% | 0.92 | → |
Nippon India CRISIL-IBX Financial Services 9-12 Months Debt Index Fund | Nippon India Mutual Fund | — | ₹446 Cr | 0.12% | — | — | → |
Kotak Nifty SDL Plus AAA PSU Bond Jul 2028 60 - 40 Index Fund | Kotak Mahindra Mutual Fund | 69Moderate | ₹349 Cr | 0.20% | +5.29% | -1.16 | → |
Mirae Asset Short Term Fund | Mirae Asset Mutual Fund | 70Moderate | ₹320 Cr | 0.28% | +4.42% | -1.65 | → |
Axis CRISIL-IBX Financial Services 3-6 Months Debt Index Fund | Axis Mutual Fund | 67Insufficient History | ₹230 Cr | 0.11% | +6.82% | 0.28 | → |
Nippon India CRISIL-IBX Financial Services 3-6 Months Debt Index Fund | Nippon India Mutual Fund | — | ₹229 Cr | 0.10% | — | — | → |
DSP Financial Services Sectoral Debt Fund | DSP Mutual Fund | — | ₹223 Cr | 0.52% | — | — | → |
Kotak Nifty AAA Bond Financial Services Mar 2028 Index Fund | Kotak Mahindra Mutual Fund | 67Insufficient History | ₹205 Cr | 0.14% | +5.50% | -1.11 | → |
SBI CRISIL-IBX Financial Services 3-6 Months Debt Index Fund | SBI Mutual Fund | — | ₹157 Cr | — | — | — | → |
Kotak CRISIL-IBX Financial Services 3-6 Months Debt Index Fund | Kotak Mahindra Mutual Fund | 67Insufficient History | ₹150 Cr | 0.12% | +6.86% | 0.43 | → |
Bank Of India Short Term Fund | Bank of India Mutual Fund | 69Moderate | ₹145 Cr | 0.54% | +4.81% | -1.53 | → |
Baroda BNP Paribas Short Term Fund (the scheme has 2 segregated portfolios) | Baroda BNP Paribas Mutual Fund | 71High | ₹137 Cr | 0.43% | +5.11% | -1.30 | → |
Edelweiss CRISIL IBX 50:50 Gilt Plus SDL Short Duration Index Fund | Edelweiss Mutual Fund | 76High | ₹136 Cr | 0.20% | +4.36% | -1.69 | → |
Bandhan CRISIL-IBX Financial Services 3-6 Months Debt Index Fund | Bandhan Mutual Fund | 67Insufficient History | ₹135 Cr | 0.09% | +6.96% | 0.59 | → |
Mirae Asset CRISIL-IBX Financial Services 9-12 Months Debt Index Fund | Mirae Asset Mutual Fund | 68Insufficient History | ₹115 Cr | 0.09% | +6.25% | -0.63 | → |
SBI CRISIL-IBX Financial Services 9-12 Months Debt Index Fund | SBI Mutual Fund | — | ₹112 Cr | — | — | — | → |
JioBlackRock Short Term Fund | Jio BlackRock Mutual Fund | — | ₹106 Cr | 0.36% | — | — | → |
Edelweiss CRISIL IBX AAA Financial Services Bond - Jan 2028 Index Fund | Edelweiss Mutual Fund | 71Insufficient History | ₹99 Cr | 0.10% | +5.91% | -0.81 | → |
Kotak CRISIL- IBX AAA Bond Financial Services Index - Dec 2026 Fund | Kotak Mahindra Mutual Fund | 62Insufficient History | ₹95 Cr | — | +6.82% | 0.37 | → |
Franklin India Short Term Fund | Franklin Templeton Mutual Fund | — | ₹93 Cr | 0.30% | — | — | → |
Sundaram Short Term Fund (Formerly Known as Sundaram Short Duration Fund) | Sundaram Mutual Fund | 76High | ₹86 Cr | 0.28% | +5.13% | -1.44 | → |
Canara Robeco Short Term Fund | Canara Robeco Mutual Fund | 67Moderate | ₹80 Cr | 0.36% | +5.01% | -1.81 | → |
Groww Short Term Fund | Groww Mutual Fund | 71High | ₹79 Cr | 0.32% | +5.26% | -1.24 | → |
Edelweiss CRISIL IBX AAA Bond NBFC HFC Jun 2027 Index Fund | Edelweiss Mutual Fund | 71Insufficient History | ₹72 Cr | 0.13% | +6.53% | -0.14 | → |
JM Short Term Fund | JM Financial Mutual Fund | 72High | ₹62 Cr | 0.39% | +4.75% | -1.58 | → |
UTI Fixed Term Income Fund Series XXXVI - I (1574 Days) | Close Ended Schemes(Income/Debt Oriented Schemes - Fixed Term Plan) | 82High | ₹49 Cr | 0.18% | +5.59% | -1.41 | → |
Tata CRISIL-IBX Financial Services 3-6 Months Debt Index Fund | Tata Mutual Fund | — | ₹47 Cr | — | — | — | → |
TRUSTMF Short Term Fund | Trust Mutual Fund | 67Moderate | ₹43 Cr | 0.26% | +4.91% | -1.56 | → |
Mahindra Manulife Short Term Fund | Mahindra Manulife Mutual Fund | 72High | ₹35 Cr | 0.33% | +5.31% | -1.07 | → |
LIC MF Short Term Fund | LIC Mutual Fund | 69Moderate | ₹32 Cr | 0.37% | +5.06% | -1.12 | → |
Union Short Term Fund | Union Mutual Fund | 60Insufficient History | ₹21 Cr | 0.35% | +4.50% | -1.62 | → |
Nippon India Retirement Fund- Income Generation Scheme | Nippon India Mutual Fund | 62Moderate | ₹19 Cr | 0.98% | -0.90% | -1.31 | → |
UTI NIFTY SDL Plus AAA PSU Bond Apr 2028- 75:25 Index Fund | UTI Mutual Fund | 77High | ₹18 Cr | 0.21% | +5.40% | -1.07 | → |
ICICI Prudential Retirement Fund Pure Debt | ICICI Prudential Mutual Fund | 67Moderate | ₹12 Cr | 1.22% | +3.40% | -1.78 | → |
Aditya Birla Sun Life Retirement Fund-The 50s Plus-Debt | Aditya Birla Sun Life Mutual Fund | 70Moderate | ₹2 Cr | 0.74% | +2.91% | -2.58 | → |
Baroda BNP Paribas Short Term Fund (the scheme has 2 segregated portfolios) | Baroda BNP Paribas Mutual Fund | — | — | 0.43% | — | — | → |
Franklin India Short-Term Income Plan (no. of segregated portfolios- 3) | Franklin Templeton Mutual Fund | — | — | — | — | — | → |
Aditya Birla Sun Life Financial Services Sectoral Debt Fund | Aditya Birla Sun Life Mutual Fund | — | — | — | — | — | → |
Direct Growth plans only · Data from AMFI India · Stability Score is a FundMatrix proprietary metric · Not investment advice