Best Ultra Short to Short Term Fund in India 2026

Compare all 24 Ultra Short to Short Term Fund Direct Growth funds by stability score, returns, expense ratio and risk metrics. Independent analysis by FundMatrix.

24 Funds₹60K Cr Category AUM0.33% Avg TER1.7% Avg 1Y Return

🛡 Top by Stability Score

1HSBC Low Duration Fund81 2Franklin India Low Duration Fund81 3BARODA BNP PARIBAS LOW DURATION Fund79 4Kotak Low Duration Fund76 5Sundaram Low Duration Fund (Formerly Known as Principal Low Duration Fund)75

📈 Top by 1Y Returns

1Franklin India Low Duration Fund17.67%2Franklin India Low Duration Fund6.78%3Mahindra Manulife Low Duration Fund6.73%4Nippon India Low Duration Fund6.65%5Mirae Asset Low Duration Fund6.65%

🏦 Top by AUM

1HDFC Low Duration Fund12835.22 Cr 2Sbi Low Duration Fund9543.41 Cr 3Kotak Low Duration Fund9212.10 Cr 4Nippon India Low Duration Fund6354.20 Cr 5Aditya Birla Sun Life Low duration Fund5924.61 Cr

24 funds

Fund Name	AMC	Stability	AUM	TER	1Y Return	Sharpe
HDFC Low Duration Fund	HDFC Mutual Fund	73High	₹13K Cr	0.46%	+6.53%	-0.27	→
Sbi Low Duration Fund	SBI Mutual Fund	73High	₹10K Cr	0.44%	+6.08%	-1.02	→
Kotak Low Duration Fund	Kotak Mahindra Mutual Fund	76High	₹9K Cr	0.41%	+6.64%	-0.07	→
Nippon India Low Duration Fund	Nippon India Mutual Fund	73High	₹6K Cr	0.39%	+6.65%	-0.08	→
Aditya Birla Sun Life Low duration Fund	Aditya Birla Sun Life Mutual Fund	74High	₹6K Cr	0.42%	+6.48%	-0.34	→
BANDHAN Low Duration Fund	Bandhan Mutual Fund	71High	₹5K Cr	0.36%	+6.18%	-0.83	→
DSP Low Duration Fund	DSP Mutual Fund	72High	₹3K Cr	0.31%	+6.27%	-0.64	→
Invesco India Low Duration Fund	Invesco Mutual Fund	71High	₹1K Cr	0.35%	+6.30%	-0.69	→
Mirae Asset Low Duration Fund	Mirae Asset Mutual Fund	74High	₹1K Cr	0.20%	+6.65%	-0.08	→
LIC MF Low Duration Fund	LIC Mutual Fund	73High	₹1K Cr	0.24%	+6.63%	-0.12	→
UTI Low Duration Fund	UTI Mutual Fund	74High	₹1K Cr	0.33%	+6.43%	-0.45	→
JioBlackRock Low Duration Fund	Jio BlackRock Mutual Fund	—	₹735 Cr	0.33%	—	—	→
Franklin India Low Duration Fund	Franklin Templeton Mutual Fund	81Insufficient History	₹445 Cr	0.27%	+17.67%	2.04	→
Bajaj Finserv Low Duration Fund	Bajaj Finserv Mutual Fund	—	₹408 Cr	0.23%	—	—	→
HSBC Low Duration Fund	HSBC Mutual Fund	81High	₹392 Cr	0.40%	+6.56%	-0.25	→
Edelweiss Low Duration Fund	Edelweiss Mutual Fund	63Insufficient History	₹351 Cr	0.25%	+6.46%	-0.42	→
Union Low Duration Fund	Union Mutual Fund	—	₹325 Cr	0.26%	—	—	→
Sundaram Low Duration Fund (Formerly Known as Principal Low Duration Fund)	Sundaram Mutual Fund	75High	₹162 Cr	0.40%	+6.30%	-0.67	→
BARODA BNP PARIBAS LOW DURATION Fund	Baroda BNP Paribas Mutual Fund	79High	₹128 Cr	0.29%	+6.62%	-0.17	→
JM Low Duration Fund (Direct)	JM Financial Mutual Fund	73High	₹113 Cr	0.40%	+6.46%	-0.45	→
Franklin India Low Duration Fund	Franklin Templeton Mutual Fund	72Insufficient History	₹110 Cr	0.27%	+6.78%	0.13	→
Mahindra Manulife Low Duration Fund	Mahindra Manulife Mutual Fund	72High	₹74 Cr	0.35%	+6.73%	0.03	→
Franklin India Low Duration Fund- Segregated Portfolio 2- 10.90% Vodafone Idea Ltd 02Sep2023	Franklin Templeton Mutual Fund	30Insufficient History	₹1 Cr	—	-100.00%	0.58	→
Franklin India Low Duration Fund- Segregated Portfolio 1- 8.25% Vodafone Idea Ltd-10JUL20	Franklin Templeton Mutual Fund	—	₹1 Cr	—	—	—	→

Direct Growth plans only · Data from AMFI India · Stability Score is a FundMatrix proprietary metric · Not investment advice