Short Duration Mutual Funds
All 26 short duration funds, Direct Growth plans, compared on returns, risk and cost. NAV as of 7 Oct 2026.
Category average
+7.5%
3 years, a year
Category average
+6.7%
5 years, a year
Category average
1.4%
Volatility, 3 years
Category average
0.37%
Expense ratio
Short Duration funds compared
| Fund | 1Y | 3Y a year | 5Y a year | Volatility 3Y | Worst fall 5Y | Expense | Fund size |
|---|---|---|---|---|---|---|---|
| +4.9% | +7.7% | +10.8% | 1.6% | -0.8% | 0.54% | ₹260 Cr | |
| +5.7% | +7.8% | +7.1% | 1.3% | -0.7% | 0.45% | ₹19,403 Cr | |
| +5.3% | +7.7% | +6.8% | 1.5% | -0.7% | 0.36% | ₹5,782 Cr | |
| +5.5% | +7.8% | +6.8% | 1.4% | -0.8% | 0.40% | ₹7,501 Cr | |
| +5.2% | +7.7% | +6.7% | 1.5% | -1.2% | 0.39% | ₹6,557 Cr | |
| +5.5% | +7.8% | +6.6% | 1.4% | -1.1% | 0.33% | ₹81 Cr | |
| +4.9% | +7.3% | +6.6% | 1.3% | -0.7% | 0.41% | ₹1,798 Cr | |
| +5.2% | +7.5% | +6.6% | 1.3% | -0.7% | 0.28% | ₹178 Cr | |
| +5.1% | +7.5% | +6.6% | 1.4% | -0.9% | 0.40% | ₹14,486 Cr | |
| +5.1% | +7.5% | +6.5% | 1.4% | -1.5% | 0.43% | ₹431 Cr | |
| +5.8% | +7.8% | +6.5% | 1.5% | -1.8% | 0.36% | ₹8,731 Cr | |
| +5.0% | +7.5% | +6.4% | 1.4% | -1.3% | 0.39% | ₹14,436 Cr | |
| +4.6% | +7.4% | +6.4% | 1.5% | -0.9% | 0.28% | ₹518 Cr | |
| +4.7% | +7.3% | +6.4% | 1.4% | -0.8% | 0.42% | ₹13,435 Cr | |
| +4.8% | +7.2% | +6.3% | 1.3% | -0.8% | 0.37% | ₹2,926 Cr | |
| +5.1% | +7.5% | +6.3% | 1.5% | -1.1% | 0.37% | ₹124 Cr | |
| +4.8% | +7.2% | +6.3% | 1.5% | -0.9% | 0.37% | ₹3,235 Cr | |
| +5.0% | +7.2% | +6.3% | 1.3% | -1.1% | 0.26% | ₹63 Cr | |
| +5.3% | +7.6% | +6.2% | 1.3% | -1.2% | 0.32% | ₹95 Cr | |
| +4.6% | +7.3% | +6.2% | 1.4% | -1.1% | 0.40% | ₹575 Cr | |
| +4.8% | +7.3% | +6.2% | 1.4% | -1.3% | 0.32% | ₹3,870 Cr | |
| +5.0% | +7.1% | +6.1% | 1.1% | -0.9% | 0.36% | ₹284 Cr | |
| +4.8% | +7.2% | N/A | 1.3% | N/A | 0.39% | ₹82 Cr | |
| +4.6% | N/A | N/A | N/A | N/A | 0.35% | ₹112 Cr | |
| N/A | N/A | N/A | N/A | N/A | 0.30% | ₹263 Cr | |
| N/A | N/A | N/A | N/A | N/A | 0.36% | ₹112 Cr |
Ordered by 5-year annualised return, highest first; funds younger than 5 years follow by 3-year, then 1-year return.Returns over 3 years and longer are compounded annual returns. Volatility is the annualised standard deviation of monthly returns. Worst fall is the largest drop from a peak in the last 5 years. N/A means the fund is too young for that period.
What a short duration fund is
Short duration funds keep the portfolio's Macaulay duration between 1 and 3 years.
Source: SEBI categorisation of mutual fund schemes, 6 October 2017, as amended.
Investing from the UAE
NRIs living in the UAE can generally invest once KYC is complete, paying from an NRE or NRO bank account. Some fund houses do not accept residents of the United States or Canada, or accept them only offline. The UAE does not levy personal income tax, and the India UAE tax treaty may affect how gains are treated, so confirm your own position with a tax adviser.
Questions
How are these short duration funds ordered?
By 5-year annualised return, highest first. Funds younger than 5 years follow, ordered by 3-year return and then 1-year return. Every figure is worked out from each fund's own Direct Growth NAV, the same way for every fund. We do not label any fund as the best.
Can NRIs living in the UAE invest in short duration funds?
Generally yes, once KYC is complete, paying from an NRE or NRO bank account. Some fund houses do not accept investments from residents of the United States or Canada, or accept them only offline, so check the fund house's current policy if that applies to you.
How are gains taxed for NRIs?
It depends on the fund's share of equity and on when your units were bought. For NRIs the fund house deducts tax when you redeem. The outcome depends on your tax residence and facts, so confirm your position with a tax adviser.
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