Investment Ideas

Better than Fixed Deposit

Mutual funds that have potential to generate returns higher than bank fixed deposits over an investment period of about 1 year. These mutual funds do not have a lock-in period nor an exit load compared to Bank FDs which come with a penalty for premature withdrawal. This is a collection of Short duration Debt funds.

Bank of India Short Term Income Fund Direct-Growth

Min. Investment

₹1000

12.69

Category Returns

5.42%

12.69%

3Y Returns

12.69 %

Sundaram Short Duration Fund Direct-Growth

Min. Investment

₹250

8.39

Category Returns

5.42%

12.69%

3Y Returns

8.39 %

UTI Short Duration Direct-Growth

Min. Investment

₹500

7.84

Category Returns

5.42%

12.69%

3Y Returns

7.84 %

ICICI Prudential Short Term Fund Direct Plan-Growth

Min. Investment

₹1000

6.86

Category Returns

5.42%

12.69%

3Y Returns

6.86 %

Aditya Birla Sun Life Short Term Direct Fund Direct-Growth

Min. Investment

₹1000

6.46

Category Returns

5.42%

12.69%

3Y Returns

6.46 %

Axis Short Term Direct Fund-Growth

Min. Investment

₹1000

6.19

Category Returns

5.42%

12.69%

3Y Returns

6.19 %

Nippon India Short Term Fund Direct-Growth

Min. Investment

₹100

6.17

Category Returns

5.42%

12.69%

3Y Returns

6.17 %

HDFC Short Term Debt Fund Direct Plan-Growth

Min. Investment

₹100

6.14

Category Returns

5.42%

12.69%

3Y Returns

6.14 %

Kotak Bond Short Term Fund Direct-Growth

Min. Investment

₹100

6.06

Category Returns

5.42%

12.69%

3Y Returns

6.06 %

Mahindra Manulife Short Duration Fund Direct - Growth

Min. Investment

₹500

6.06

Category Returns

5.42%

12.69%

3Y Returns

6.06 %