Overview / Mutual Fund Discovery / Open Ended Schemes ( Income/Debt Oriented Schemes - Short Term Fund )

Open Ended Schemes ( Income/Debt Oriented Schemes - Short Term Fund ) Mutual Funds in India

Quantitative risk-adjusted comparison across 222 AMFI-registered Open Ended Schemes ( Income/Debt Oriented Schemes - Short Term Fund ) schemes. Category Median 3Y CAGR: +6.29% p.a. • Category Median 3Y Sortino: -0.39.

Data last synced: 2026-11-10 09:32 (Latest NAV: 2026-11-09)

Schemes Ranked by 3-Year Sortino Ratio (Downside Risk Efficiency)

Category Rank Scheme Name AMC Plan 3Y CAGR 3Y Sortino Max Drawdown
#1 Bandhan Short Term Fund - Plan D - Monthly Dividend (AMFI 108720) Bandhan Mutual Fund Regular Plan +18.15% 22.10 -13.99%
#2 Kotak Short Term Fund -(Half Yearly Payout of Income Distribution cum capital withdrawal option) - Direct (AMFI 125254) Kotak Mahindra Mutual Fund Direct Plan +9.14% 2.50 -6.62%
#3 BANK OF INDIA Short Term Fund-Institutional Plan- Growth (AMFI 111586) Bank of India Mutual Fund Regular Plan +8.74% 2.40 -3.51%
#4 Axis Short Duration Fund - Direct Plan - Growth Option (AMFI 120510) Axis Mutual Fund Direct Plan +7.71% 1.95 -2.60%
#5 Axis Short Duration Fund - Direct Plan - Regular IDCW (AMFI 133894) Axis Mutual Fund Direct Plan +7.71% 1.94 -2.61%
#6 Kotak Short Term Fund-(Payout of Income Distribution cum capital withdrawal option) - Direct (AMFI 119738) Kotak Mahindra Mutual Fund Direct Plan +8.89% 1.93 -4.36%
#7 Sundaram Short Duration Fund (Formerly Known as Principal Short Term Debt Fund) Regular Principal Units (AMFI 149736) Sundaram Mutual Fund Regular Plan +7.45% 1.90 -0.69%
#8 Mahindra Manulife Short Term Fund - Direct Plan -Growth (AMFI 148729) Mahindra Manulife Mutual Fund Direct Plan +7.62% 1.79 -1.10%
#9 BANK OF INDIA Short Term Fund-Direct Plan- Growth (AMFI 119382) Bank of India Mutual Fund Direct Plan +7.63% 1.78 -19.80%
#10 BANK OF INDIA Short Term Fund-Direct Plan- Quarterly IDCW (AMFI 119384) Bank of India Mutual Fund Direct Plan +7.63% 1.78 -25.85%
#11 Bandhan Short Term Fund - Direct Plan - Growth (AMFI 118407) Bandhan Mutual Fund Direct Plan +7.62% 1.74 -2.55%
#12 Bandhan Short Term Fund - Direct Plan - Periodic IDCW (AMFI 131382) Bandhan Mutual Fund Direct Plan +7.62% 1.74 -6.99%
#13 Groww Short Term Fund (formerly known as Indiabulls Short Term Fund) - Direct Plan - Growth Option (AMFI 123704) Groww Mutual Fund Direct Plan +7.51% 1.73 -1.21%
#14 Nippon India Short Term Fund - Direct Plan Growth Plan - Growth Option (AMFI 118796) Nippon India Mutual Fund Direct Plan +7.56% 1.63 -2.85%
#15 NIPPON INDIA SHORT TERM FUND - Direct Plan - IDCW Option (AMFI 125269) Nippon India Mutual Fund Direct Plan +7.56% 1.63 -7.20%
#16 Religare Invesco Short Term Fund - Direct Plan - Bonus Option (AMFI 122797) Invesco Mutual Fund Direct Plan N/A 1.62 -1.79%
#17 Sundaram Short Term Fund - Direct Plan - Growth Option (AMFI 149587) Sundaram Mutual Fund Direct Plan +7.37% 1.49 -0.67%
#18 BANK OF INDIA Short Term Fund-Direct Plan- Monthly IDCW (AMFI 119383) Bank of India Mutual Fund Direct Plan +7.48% 1.47 -21.62%
#19 Baroda BNP Paribas Short Term Fund - Direct Plan - Growth Option (AMFI 119400) Baroda BNP Paribas Mutual Fund Direct Plan +7.39% 1.45 -2.09%
#20 HDFC Short Term Fund - Growth Option - Direct Plan (AMFI 119016) HDFC Mutual Fund Direct Plan +7.36% 1.36 -2.67%
#21 LIC MF Short Term Fund-Direct Plan-Weekly IDCW (AMFI 151960) LIC Mutual Fund Direct Plan +7.38% 1.33 -0.76%
#22 LIC MF Short Term Fund-Direct Plan-Growth (AMFI 145954) LIC Mutual Fund Direct Plan +7.38% 1.33 -2.28%
#23 LIC MF Short Term Fund-Direct Plan-IDCW (AMFI 145953) LIC Mutual Fund Direct Plan +7.38% 1.33 -2.28%
#24 LIC MF Short Term Fund-Direct Plan-Monthly IDCW (AMFI 151959) LIC Mutual Fund Direct Plan +7.37% 1.33 -0.76%
#25 Kotak Short Term Fund -(Growth) - Direct (AMFI 119739) Kotak Mahindra Mutual Fund Direct Plan +7.34% 1.32 -3.05%
#26 UTI Short Term Fund - Direct Plan - Half Yearly Dividend Option (AMFI 131425) UTI Mutual Fund Direct Plan +7.22% 1.16 -22.64%
#27 UTI Short Term Fund - Direct Plan - Discontinued Flexi IDCW (AMFI 124962) UTI Mutual Fund Direct Plan +7.22% 1.16 -14.67%
#28 UTI Short Term Fund - Direct Plan - Growth Option (AMFI 120718) UTI Mutual Fund Direct Plan +7.22% 1.16 -13.16%
#29 UTI Short Term Fund - Direct Plan - Discontinued Quarterly IDCW (AMFI 120719) UTI Mutual Fund Direct Plan +7.22% 1.16 -13.16%
#30 Mirae Asset Short Term Fund - Direct Plan - Growth (AMFI 142641) Mirae Asset Mutual Fund Direct Plan +7.28% 1.11 -2.20%
#31 Bandhan Short Term Fund - Plan D- Fortnightly Dividend (AMFI 108715) Bandhan Mutual Fund Regular Plan +8.51% 1.07 -2.58%
#32 Mirae Asset Short Term Fund - Direct Plan - IDCW (AMFI 142640) Mirae Asset Mutual Fund Direct Plan +7.23% 1.05 -2.20%
#33 SBI Short Term Fund - Direct Plan Weekly Income Distribution cum Capital Withdrawal Option (IDCW) (AMFI 119817) SBI Mutual Fund Direct Plan +7.17% 1.04 -4.75%
#34 SBI SHORT TERM FUND - DIRECT PLAN -GROWTH (AMFI 119816) SBI Mutual Fund Direct Plan +7.17% 1.04 -2.35%
#35 SBI Short Term Fund - Direct Plan Fortnightly Income Distribution cum Capital Withdrawal Option (IDCW) (AMFI 119815) SBI Mutual Fund Direct Plan +7.17% 1.04 -7.04%
#36 Axis Short Duration Fund - Regular Plan - Regular IDCW (AMFI 133895) Axis Mutual Fund Regular Plan +7.15% 1.02 -2.63%
#37 Axis Short Duration Fund - Regular Plan - Growth Option (AMFI 112354) Axis Mutual Fund Regular Plan +7.15% 1.02 -2.63%
#38 Kotak Short Term Fund -(Half Yearly Payout of Income Distribution cum capital withdrawal option) (AMFI 125253) Kotak Mahindra Mutual Fund Regular Plan +7.81% 1.01 -5.67%
#39 Axis Short Duration Fund - Retail Plan - Growth Option (AMFI 112721) Axis Mutual Fund Regular Plan +7.14% 1.00 -2.63%
#40 HSBC Short Term Fund - Direct Growth (AMFI 151067) HSBC Mutual Fund Direct Plan +7.14% 0.99 -0.58%

Explore Other SEBI Mutual Fund Categories