close
Sucess

Great! You have sucessfully subscribed for newsletters for investments

Subscribed email:

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 Short Term Fund
AUM
₹21,284 Cr
Current Value
Return (p.a)
+ 8.04% + 22.45% + 8.11% + 51.92% + 10.58% + 2.9% + 8.51% + 58.18% % -97.22% + 9.02% + 14.52% + 8.19% + 1.27% + 9.39% + 9.9% + 8.07% + 210.91% + 10.03% + 5.28% + 9.64% + 0.63%
ETM Rank
#NA of NAin Short Duration Unranked
Genius only lock
Expense 0.45%
Nippon India Corporate Bond Fund
AUM
₹6,566 Cr
Current Value
Return (p.a)
+ 8.0% + 22.33% + 7.72% + 48.86% + 10.78% + 2.96% + 8.49% + 58.1% % -97.22% + 9.16% + 14.76% + 7.05% + 1.1% + 9.72% + 10.25% + 7.8% + 207.89% + 10.36% + 5.46% + 9.32% + 0.61%
ETM Rank
#NA of NAin Corporate Bond Unranked
Genius only lock
Expense 0.36%
Aditya Birla Sun Life Short Term Fund
AUM
₹8,343 Cr
Current Value
Return (p.a)
+ 7.86% + 21.89% + 7.92% + 50.45% + 10.37% + 2.85% + 8.32% + 57.59% % -97.22% + 8.93% + 14.36% + 7.69% + 1.19% + 9.42% + 9.93% + 7.9% + 208.95% + 10.01% + 5.27% + 9.95% + 0.65%
ETM Rank
#NA of NAin Short Duration Unranked
Genius only lock
Expense 0.36%
Nippon India Short Duration Fund
AUM
₹7,469 Cr
Current Value
Return (p.a)
+ 7.81% + 21.74% + 7.71% + 48.8% + 10.78% + 2.96% + 8.3% + 57.51% % -97.22% + 9.04% + 14.54% + 7.9% + 1.22% + 9.61% + 10.13% + 7.76% + 207.47% + 10.33% + 5.44% + 9.18% + 0.6%
ETM Rank
#NA of NAin Short Duration Unranked
Genius only lock
Expense 0.37%
Axis Short Duration Fund
AUM
₹9,640 Cr
Current Value
Return (p.a)
+ 7.76% + 21.58% + 7.77% + 49.26% + 10.91% + 2.99% + 8.31% + 57.54% % -97.22% + 9.01% + 14.5% + 8.11% + 1.26% + 9.62% + 10.14% + 7.72% + 207.04% + 10.41% + 5.48% + 9.32% + 0.61%
ETM Rank
#NA of NAin Short Duration Unranked
Genius only lock
Expense 0.35%
ICICI Prudential Corporate Bond Fund
AUM
₹31,264 Cr
Current Value
Return (p.a)
+ 7.71% + 21.44% + 7.73% + 48.94% + 10.16% + 2.79% + 8.2% + 57.2% % -97.22% + 8.75% + 14.05% + 7.62% + 1.18% + 9.1% + 9.59% + 7.71% + 206.85% + 9.72% + 5.12% + 9.57% + 0.63%
ETM Rank
#NA of NAin Corporate Bond Unranked
Genius only lock
Expense 0.35%
HDFC Short Term Debt Fund
AUM
₹15,486 Cr
Current Value
Return (p.a)
+ 7.66% + 21.28% + 7.7% + 48.67% + 10.47% + 2.87% + 8.18% + 57.13% % -97.22% + 8.87% + 14.26% + 7.86% + 1.22% + 9.34% + 9.84% + 7.67% + 206.42% + 9.93% + 5.23% + 9.68% + 0.64%
ETM Rank
#NA of NAin Short Duration Unranked
Genius only lock
Expense 0.4%
Aditya Birla Sun Life Corporate Bond Fund
AUM
₹25,884 Cr
Current Value
Return (p.a)
+ 7.65% + 21.25% + 7.77% + 49.21% + 9.66% + 2.66% + 8.16% + 57.1% % -97.22% + 8.83% + 14.19% + 6.22% + 0.97% + 9.27% + 9.76% + 7.7% + 206.78% + 9.6% + 5.06% + 10.13% + 0.66%
ETM Rank
#NA of NAin Corporate Bond Unranked
Genius only lock
Expense 0.33%
Kotak Corporate Bond Fund
AUM
₹16,661 Cr
Current Value
Return (p.a)
+ 7.63% + 21.19% + 7.58% + 47.76% + 10.49% + 2.88% + 8.18% + 57.14% % -97.22% + 8.91% + 14.33% + 7.2% + 1.12% + 9.48% + 9.99% + 7.5% + 204.59% + 10.07% + 5.31% + 9.21% + 0.6%
ETM Rank
#NA of NAin Corporate Bond Unranked
Genius only lock
Expense 0.34%
HDFC Corporate Bond Fund
AUM
₹34,775 Cr
Current Value
Return (p.a)
+ 7.62% + 21.17% + 7.74% + 48.96% + 9.95% + 2.74% + 8.16% + 57.09% % -97.22% + 8.89% + 14.3% + 6.42% + 1.0% + 9.32% + 9.82% + 7.67% + 206.42% + 9.7% + 5.11% + 10.02% + 0.66%
ETM Rank
#NA of NAin Corporate Bond Unranked
Genius only lock
Expense 0.36%
Kotak Bond Short-term Fund
AUM
₹17,541 Cr
Current Value
Return (p.a)
+ 7.57% + 21.02% + 7.63% + 48.13% + 10.23% + 2.81% + 8.12% + 56.96% % -97.22% + 8.85% + 14.22% + 7.02% + 1.09% + 9.36% + 9.86% + 7.55% + 205.11% + 9.89% + 5.21% + 8.6% + 0.57%
ETM Rank
#NA of NAin Short Duration Unranked
Genius only lock
Expense 0.38%
Kotak Banking and PSU Debt Fund
AUM
₹6,213 Cr
Current Value
Return (p.a)
+ 7.53% + 20.89% + 7.69% + 48.64% + 9.91% + 2.73% + 8.03% + 56.67% % -97.22% + 8.69% + 13.96% + 6.36% + 0.99% + 9.17% + 9.66% + 7.57% + 205.42% + 9.64% + 5.08% + 8.67% + 0.57%
ETM Rank
#NA of NAin Banking and PSU Unranked
Genius only lock
Expense 0.4%
Bandhan Bond Fund Short Term Plan
AUM
₹10,116 Cr
Current Value
Return (p.a)
+ 7.46% + 20.67% + 7.4% + 46.39% + 10.58% + 2.9% + 8.07% + 56.81% % -97.22% + 8.87% + 14.26% + 7.83% + 1.21% + 9.47% + 9.98% + 7.36% + 203.11% + 10.13% + 5.34% + 9.2% + 0.6%
ETM Rank
#NA of NAin Short Duration Unranked
Genius only lock
Expense 0.33%
Nippon India Banking and PSU Fund
AUM
₹5,946 Cr
Current Value
Return (p.a)
+ 7.44% + 20.61% + 7.63% + 48.12% + 10.19% + 2.8% + 7.95% + 56.44% % -97.22% + 8.68% + 13.94% + 6.35% + 0.99% + 9.2% + 9.69% + 7.52% + 204.88% + 9.82% + 5.18% + 9.19% + 0.6%
ETM Rank
#NA of NAin Banking and PSU Unranked
Genius only lock
Expense 0.38%
Aditya Birla Sun Life Banking & PSU Debt Fund
AUM
₹8,826 Cr
Current Value
Return (p.a)
+ 7.4% + 20.51% + 7.58% + 47.73% + 9.93% + 2.73% + 7.91% + 56.3% % -97.22% + 8.58% + 13.78% + 6.43% + 1.0% + 9.08% + 9.56% + 7.44% + 204.0% + 9.62% + 5.07% + 9.52% + 0.63%
ETM Rank
#NA of NAin Banking and PSU Unranked
Genius only lock
Expense 0.39%
Invesco India Corporate Bond Fund
AUM
₹7,031 Cr
Current Value
Return (p.a)
+ 7.4% + 20.5% + 7.28% + 45.46% + 10.46% + 2.87% + 8.0% + 56.6% % -97.22% + 8.83% + 14.19% + 6.89% + 1.07% + 9.44% + 9.95% + 7.38% + 203.3% + 10.1% + 5.32% + 9.69% + 0.64%
ETM Rank
#NA of NAin Corporate Bond Unranked
Genius only lock
Expense 0.28%
Axis Banking & PSU Debt Fund
AUM
₹13,313 Cr
Current Value
Return (p.a)
+ 7.11% + 19.64% + 7.35% + 45.98% + 9.88% + 2.72% + 7.63% + 55.44% % -97.22% + 8.29% + 13.28% + 7.01% + 1.09% + 8.84% + 9.31% + 7.14% + 200.69% + 9.54% + 5.03% + 8.93% + 0.59%
ETM Rank
#NA of NAin Banking and PSU Unranked
Genius only lock
Expense 0.35%
Bandhan Banking & PSU Debt Fund
AUM
₹13,580 Cr
Current Value
Return (p.a)
+ 7.1% + 19.6% + 7.43% + 46.62% + 9.53% + 2.62% + 7.6% + 55.34% % -97.22% + 8.23% + 13.2% + 7.0% + 1.09% + 8.69% + 9.15% + 7.27% + 202.13% + 9.24% + 4.87% + 8.16% + 0.54%
ETM Rank
#NA of NAin Banking and PSU Unranked
Genius only lock
Expense 0.33%
Bandhan Income Plus Arbitrage FoF
AUM
₹463 Cr
Current Value
Return (p.a)
+ 7.08% + 19.54% + 7.29% + 45.5% + 9.1% + 2.51% + 7.61% + 55.38% % -97.22% + 8.28% + 13.28% + 7.08% + 1.1% + 8.71% + 9.16% + 7.16% + 200.91% + 8.96% + 4.73% + 8.22% + 0.54%
ETM Rank
#NA of NAin Medium Duration Unranked
Genius only lock
Expense 0.04%
Sundaram Banking & PSU Fund
AUM
₹471 Cr
Current Value
Return (p.a)
+ 7.0% + 19.3% + 6.75% + 41.48% + 9.72% + 2.67% + 7.65% + 55.51% % -97.22% + 8.41% + 13.49% + 6.43% + 1.0% + 8.94% + 9.41% + 6.77% + 196.77% + 9.46% + 4.99% + 8.49% + 0.56%
ETM Rank
#NA of NAin Banking and PSU Unranked
Genius only lock
Expense 0.27%
Canara Robeco Short Duration Fund
AUM
₹455 Cr
Current Value
Return (p.a)
+ 6.92% + 19.05% + 6.99% + 43.22% + 9.29% + 2.56% + 7.45% + 54.9% % -97.22% + 8.13% + 13.01% + 6.6% + 1.03% + 8.59% + 9.04% + 6.84% + 197.57% + 9.09% + 4.79% + 8.06% + 0.53%
ETM Rank
#NA of NAin Short Duration Unranked
Genius only lock
Expense 0.41%
Hide comparison
0