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

13.94

Category Returns

5.17%

13.94%

3Y Returns

13.94 %

ICICI Prudential Short Term Fund Direct Plan-Growth

Min. Investment

₹1000

7.12

Category Returns

5.17%

13.94%

3Y Returns

7.12 %

Aditya Birla Sun Life Short Term Direct Fund Direct-Growth

Min. Investment

₹1000

6.83

Category Returns

5.17%

13.94%

3Y Returns

6.83 %

UTI Short Duration Direct-Growth

Min. Investment

₹500

6.61

Category Returns

5.17%

13.94%

3Y Returns

6.61 %

Axis Short Term Direct Fund-Growth

Min. Investment

₹1000

6.58

Category Returns

5.17%

13.94%

3Y Returns

6.58 %

Nippon India Short Term Fund Direct-Growth

Min. Investment

₹100

6.54

Category Returns

5.17%

13.94%

3Y Returns

6.54 %

Sundaram Short Duration Fund Direct-Growth

Min. Investment

₹250

6.52

Category Returns

5.17%

13.94%

3Y Returns

6.52 %

HDFC Short Term Debt Fund Direct Plan-Growth

Min. Investment

₹100

6.50

Category Returns

5.17%

13.94%

3Y Returns

6.50 %

Mahindra Manulife Short Duration Fund Direct - Growth

Min. Investment

₹500

6.44

Category Returns

5.17%

13.94%

3Y Returns

6.44 %

Baroda BNP Paribas Short Duration Direct Fund-Growth

Min. Investment

₹500

6.43

Category Returns

5.17%

13.94%

3Y Returns

6.43 %