Debt · Category
Best Short Duration Mutual Funds 2026
Short Duration is a SEBI-defined mutual fund category. Every fund below follows the same category mandate, which makes their returns directly comparable — the differences you see come from the fund manager's choices and the fund's costs, not from a difference in what they are allowed to hold.
All 48 Short Duration funds, ranked
Ordered by three-year annualised return, computed from official AMFI NAV history to a common date.
NAV as of 31 Aug 2026
Category average over 3Y: 7.3% a year across 24 funds with a full record.
- 117.6%9.0%6.2%+1.7—
TRUSTMF Short Duration Fund
Trust
- 26.5%7.8%7.2%+0.5—
ICICI Prudential Short Term Fund
ICICI Prudential
- 36.1%7.8%6.8%+0.4—
Axis Short Duration Fund
Axis
- 46.2%7.8%6.6%+0.4—
Mahindra Manulife Short Duration Fund
Mahindra Manulife
- 56.0%7.7%6.7%+0.3—
Nippon India Short Duration Fund
Nippon India
- 66.1%7.7%6.9%+0.3—
Aditya Birla Sun Life Short Term Fund
Aditya Birla Sun Life
- 75.7%7.7%10.8%+0.3—
BANK OF INDIA Short Term Income Fund
Bank of India
- 85.9%7.5%6.2%+0.2—
Groww Short Term Fund
Groww
- 95.8%7.5%6.6%+0.2—
HDFC Short Term Debt Fund
HDFC
- 105.9%7.5%6.3%+0.2—
LIC MF Short Duration Fund
LIC
- 115.7%7.5%6.5%+0.2—
Baroda BNP Paribas Short Duration Fund
Baroda BNP Paribas
- 125.9%7.5%6.5%+0.1—
Sundaram Short Duration Fund
Sundaram
- 135.8%7.5%6.5%+0.1—
Kotak Bond Short Term Plan
Kotak Mahindra
- 145.6%7.4%6.4%+0.1—
Mirae Asset Short Duration Fund
Mirae Asset
- 155.6%7.4%7.5%+0.1—
UTI Short Duration Fund
UTI
- 165.5%7.3%6.4%+0.0—
SBI Short Term Debt Fund
SBI
- 175.6%7.3%6.1%-0.0—
HSBC Short Duration Fund
HSBC
- 185.4%7.3%6.2%-0.0—
Invesco India Short Duration Fund
Invesco
- 195.5%7.3%6.2%-0.1—
DSP Short Term Fund
DSP
- 205.6%7.2%6.3%-0.1—
Tata Short Term Bond Fund
Tata
- 215.5%7.2%—-0.2—
JM Short Duration Fund
JM Financial
- 225.8%7.1%6.0%-0.3—
CANARA ROBECO SHORT DURATION FUND
Canara Robeco
- 235.0%6.8%5.9%-0.5—
SBI SHORT HORIZON DEBT FUND-SHORT TERM FUND
SBI
- 245.1%6.7%6.7%-0.6—
UTI Short Duration Fund - Discontinued
UTI
Not enough history to rank
These 24 funds do not yet have a full 3Y NAV record, so ranking them against the funds above would compare different periods.
How to read the table below
Returns are annualised and computed from our own AMFI NAV history rather than taken from a fund factsheet, so every fund on this page is measured to the same date on the same basis. The category average is calculated across the same set.
Expense ratio is the annual cost, already deducted from the NAV you see. Direct plans cost less than regular plans because they carry no distributor commission.
Past returns describe what happened; they are not a forecast.
Frequently asked questions
How are Short Duration funds ranked on this page?+
By three-year annualised return, computed from official AMFI NAV history to a common date, so every fund is measured on the same basis. Funds without a full three-year record are listed separately rather than ranked against funds that have one.
Are these returns after fees?+
Yes. Returns are calculated from NAV, and the expense ratio is already deducted from NAV daily. The expense-ratio column tells you what that ongoing cost is.
How this page is produced
Every figure above is computed from our own archive of the official AMFI NAV file, going back to 2006, to NAV dated 31 Aug 2026. Nothing here is copied from a factsheet or a third-party summary. The full method is published, including its limitations.
Written and maintained by Azad Mohammed, who built the pipeline these numbers come out of. Found an error? Tell us — corrections are made and the page rebuilds within the hour.
This page describes what each fund has done. It is not investment advice and not a recommendation to buy or sell any scheme. Arthkar is not a SEBI-registered investment adviser and does not provide or arrange investment advice. Mutual fund investments are subject to market risk; read all scheme related documents carefully.
