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Mutual Funds Better Than FD

Looking for an alternative to Fixed Deposits offered by Banks? Consider this hand-picked list of Debt Mutual Fund Schemes from the Money Market, Short-term, and Banking & PSU Funds. By investing in FD-like instruments from high-quality companies, these Funds can offer the potential to earn better than FD returns if you are looking for a low-risk investment option.

  • Ideal to invest for investment horizon for 1-3 years
  • No lock-in but exit load may apply if you withdraw in less than 1 year for some Funds
  • Offers better post-tax returns if you complete 3 years of investment in any of these Funds
Show returns & current values for:
ShowReturns foroffor
Investment: 6 Lakh

List of Mutual Funds Better Than FD in India sorted by Returns

ICICI Prudential Corporate Bond Fund
AUM
₹33,871 Cr
Current Value
Return (p.a)
+ 7.06% + 19.53% + 7.13% + 44.34% + 3.99% + 1.14% + 7.36% + 54.66% % -97.22% + 7.32% + 11.72% + 2.12% + 0.35% + 6.97% -28.43% + 6.97% + 199.0% + 5.57% + 2.99% + 0.25% + 0.02%
ETM Rank
#NA of NAin Corporate Bond Unranked
App exclusive play store apple store
Expense 0.57%
ICICI Prudential Short Term Fund
AUM
₹20,935 Cr
Current Value
Return (p.a)
+ 7.02% + 19.41% + 7.06% + 43.85% + 4.23% + 1.21% + 7.32% + 54.56% % -97.22% + 7.3% + 11.69% + 2.66% + 0.43% + 7.01% -28.4% + 6.93% + 198.63% + 5.75% + 3.09% + 0.79% + 0.06%
ETM Rank
#NA of NAin Short Duration Unranked
App exclusive play store apple store
Expense 1.06%
Nippon India Corporate Bond Fund
AUM
₹10,431 Cr
Current Value
Return (p.a)
+ 6.95% + 19.21% + 6.92% + 42.75% + 2.67% + 0.77% + 7.21% + 54.21% % -97.22% + 7.18% + 11.48% + 0.64% + 0.1% + 6.69% -28.63% + 6.84% + 197.61% + 4.71% + 2.53% -0.25% -0.02%
ETM Rank
#NA of NAin Corporate Bond Unranked
App exclusive play store apple store
Expense 0.78%
HDFC Short Term Debt Fund
AUM
₹18,079 Cr
Current Value
Return (p.a)
+ 6.88% + 18.99% + 7.02% + 43.5% + 3.7% + 1.06% + 7.24% + 54.29% % -97.22% + 7.29% + 11.66% + 1.84% + 0.3% + 6.9% -28.48% + 6.79% + 197.13% + 5.37% + 2.88% + 0.42% + 0.03%
ETM Rank
#NA of NAin Short Duration Unranked
App exclusive play store apple store
Expense 0.7%
Axis Short Duration Fund
AUM
₹12,708 Cr
Current Value
Return (p.a)
+ 6.79% + 18.72% + 6.8% + 41.89% + 3.58% + 1.03% + 7.15% + 54.04% % -97.22% + 7.26% + 11.63% + 1.76% + 0.29% + 6.99% -28.42% + 6.63% + 195.42% + 5.42% + 2.91% + 0.29% + 0.02%
ETM Rank
#NA of NAin Short Duration Unranked
App exclusive play store apple store
Expense 0.91%
Kotak Corporate Bond Fund
AUM
₹18,841 Cr
Current Value
Return (p.a)
+ 6.78% + 18.7% + 6.87% + 42.38% + 3.08% + 0.89% + 7.12% + 53.92% % -97.22% + 7.17% + 11.48% + 1.01% + 0.17% + 6.75% -28.59% + 6.62% + 195.36% + 4.96% + 2.67% -0.77% -0.06%
ETM Rank
#NA of NAin Corporate Bond Unranked
App exclusive play store apple store
Expense 0.7%
Aditya Birla Sun Life Short Term Fund
AUM
₹10,575 Cr
Current Value
Return (p.a)
+ 6.74% + 18.56% + 6.87% + 42.38% + 3.42% + 0.98% + 7.03% + 53.65% % -97.22% + 7.06% + 11.29% + 1.21% + 0.2% + 6.71% -28.61% + 6.71% + 196.25% + 5.15% + 2.77% -0.78% -0.06%
ETM Rank
#NA of NAin Short Duration Unranked
App exclusive play store apple store
Expense 0.99%
Aditya Birla Sun Life Corporate Bond Fund
AUM
₹29,856 Cr
Current Value
Return (p.a)
+ 6.72% + 18.51% + 7.09% + 44.08% + 2.05% + 0.59% + 6.96% + 53.46% % -97.22% + 6.85% + 10.95% -0.49% -0.08% + 6.19% -28.99% + 6.78% + 196.96% + 4.01% + 2.16% -2.83% -0.22%
ETM Rank
#NA of NAin Corporate Bond Unranked
App exclusive play store apple store
Expense 0.52%
Nippon India Short Duration Fund
AUM
₹9,723 Cr
Current Value
Return (p.a)
+ 6.72% + 18.5% + 6.67% + 40.95% + 3.44% + 0.99% + 7.08% + 53.81% % -97.22% + 7.2% + 11.52% + 1.5% + 0.24% + 6.88% -28.5% + 6.58% + 194.88% + 5.25% + 2.82% + 0.44% + 0.03%
ETM Rank
#NA of NAin Short Duration Unranked
App exclusive play store apple store
Expense 0.93%
Kotak Banking and PSU Debt Fund
AUM
₹5,608 Cr
Current Value
Return (p.a)
+ 6.7% + 18.46% + 6.93% + 42.84% + 3.71% + 1.07% + 7.02% + 53.62% % -97.22% + 7.06% + 11.3% + 1.55% + 0.25% + 6.69% -28.63% + 6.63% + 195.37% + 5.17% + 2.78% -0.15% -0.01%
ETM Rank
#NA of NAin Banking and PSU Unranked
App exclusive play store apple store
Expense 0.75%
HDFC Corporate Bond Fund
AUM
₹34,805 Cr
Current Value
Return (p.a)
+ 6.63% + 18.24% + 6.98% + 43.23% + 1.92% + 0.55% + 6.92% + 53.32% % -97.22% + 6.83% + 10.91% -0.61% -0.1% + 6.17% -29.0% + 6.64% + 195.55% + 4.0% + 2.15% -2.98% -0.23%
ETM Rank
#NA of NAin Corporate Bond Unranked
App exclusive play store apple store
Expense 0.62%
Bandhan Short Duration Fund
AUM
₹10,382 Cr
Current Value
Return (p.a)
+ 6.54% + 17.98% + 6.54% + 39.98% + 3.58% + 1.03% + 6.94% + 53.38% % -97.22% + 7.02% + 11.22% + 2.55% + 0.41% + 6.65% -28.66% + 6.34% + 192.4% + 5.04% + 2.71% + 2.1% + 0.16%
ETM Rank
#NA of NAin Short Duration Unranked
App exclusive play store apple store
Expense 0.82%
Sundaram Banking & PSU Fund
AUM
₹377 Cr
Current Value
Return (p.a)
+ 6.48% + 17.81% + 6.31% + 38.3% + 2.96% + 0.85% + 6.89% + 53.23% % -97.22% + 6.95% + 11.12% + 0.88% + 0.14% + 6.55% -28.73% + 6.17% + 190.58% + 4.8% + 2.58% -0.71% -0.05%
ETM Rank
#NA of NAin Banking and PSU Unranked
App exclusive play store apple store
Expense 0.44%
Aditya Birla Sun Life Banking & PSU Debt Fund
AUM
₹9,064 Cr
Current Value
Return (p.a)
+ 6.46% + 17.74% + 6.76% + 41.62% + 2.45% + 0.71% + 6.73% + 52.75% % -97.22% + 6.71% + 10.72% + 0.07% + 0.01% + 6.23% -28.96% + 6.45% + 193.47% + 4.33% + 2.33% -1.47% -0.11%
ETM Rank
#NA of NAin Banking and PSU Unranked
App exclusive play store apple store
Expense 0.73%
Bandhan Income Plus Arbitrage Active FoF
AUM
₹1,993 Cr
Current Value
Return (p.a)
+ 6.44% + 17.69% + 6.61% + 40.45% + 4.23% + 1.21% + 6.81% + 52.97% % -97.22% + 6.89% + 11.01% + 3.32% + 0.54% + 6.57% -28.71% + 6.34% + 192.39% + 5.31% + 2.85% + 2.28% + 0.17%
ETM Rank
#NA of NAin Tax Efficient Income Unranked
App exclusive play store apple store
Expense 0.29%
Invesco India Corporate Bond Fund
AUM
₹7,307 Cr
Current Value
Return (p.a)
+ 6.44% + 17.68% + 6.42% + 39.11% + 2.23% + 0.64% + 6.8% + 52.97% % -97.22% + 6.85% + 10.95% -0.25% -0.04% + 6.36% -28.87% + 6.33% + 192.29% + 4.34% + 2.34% -2.39% -0.19%
ETM Rank
#NA of NAin Corporate Bond Unranked
App exclusive play store apple store
Expense 0.68%
Axis Banking & PSU Debt Fund
AUM
₹13,574 Cr
Current Value
Return (p.a)
+ 6.41% + 17.59% + 6.69% + 41.08% + 3.1% + 0.89% + 6.71% + 52.69% % -97.22% + 6.79% + 10.85% + 1.15% + 0.19% + 6.48% -28.78% + 6.31% + 192.04% + 4.87% + 2.62% -0.35% -0.03%
ETM Rank
#NA of NAin Banking and PSU Unranked
App exclusive play store apple store
Expense 0.62%
Nippon India Banking and PSU Fund
AUM
₹5,447 Cr
Current Value
Return (p.a)
+ 6.37% + 17.46% + 6.72% + 41.3% + 2.08% + 0.6% + 6.66% + 52.52% % -97.22% + 6.64% + 10.59% -0.27% -0.04% + 6.12% -29.03% + 6.37% + 192.71% + 4.13% + 2.22% -1.41% -0.11%
ETM Rank
#NA of NAin Banking and PSU Unranked
App exclusive play store apple store
Expense 0.78%
Bandhan Banking and PSU Fund
AUM
₹12,651 Cr
Current Value
Return (p.a)
+ 6.34% + 17.38% + 6.75% + 41.49% + 3.18% + 0.91% + 6.63% + 52.43% % -97.22% + 6.64% + 10.6% + 1.78% + 0.29% + 6.27% -28.93% + 6.34% + 192.39% + 4.71% + 2.53% + 0.8% + 0.06%
ETM Rank
#NA of NAin Banking and PSU Unranked
App exclusive play store apple store
Expense 0.66%
Kotak Bond Short-term Fund
AUM
₹18,022 Cr
Current Value
Return (p.a)
+ 6.33% + 17.35% + 6.42% + 39.09% + 3.11% + 0.89% + 6.68% + 52.58% % -97.22% + 6.74% + 10.77% + 1.46% + 0.24% + 6.35% -28.87% + 6.2% + 190.89% + 4.72% + 2.54% -0.05% + 0.0%
ETM Rank
#NA of NAin Short Duration Unranked
App exclusive play store apple store
Expense 1.12%
Canara Robeco Short Duration Fund
AUM
₹435 Cr
Current Value
Return (p.a)
+ 5.97% + 16.28% + 6.0% + 36.09% + 3.09% + 0.89% + 6.31% + 51.47% % -97.22% + 6.38% + 10.17% + 1.66% + 0.27% + 6.05% -29.09% + 5.79% + 186.72% + 4.59% + 2.47% + 0.6% + 0.05%
ETM Rank
#NA of NAin Short Duration Unranked
App exclusive play store apple store
Expense 1.02%
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