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Mutual Funds Better Than FD

22 results

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:
offor
Investment: 6 Lakh

List of Mutual Funds Better Than FD in India Ranked by Last 5 Year Returns

ICICI Prudential Short Term Fund
AUM
₹18,245 Crs
Current Value
Return (p.a)
+8.02%+8.74%+4.25%+6.15%+1.76%NA+8.01%+0.61%
+ 7.30% + 8.03% + 2.35% + 6.54% + 1.18% + 7.15% + 4.32% + 0.61%
ETM Rank #2 of 20 in Short Duration
Expense 0.4%
Aditya Birla Sun Life Short Term Fund
AUM
₹6,040 Crs
Current Value
Return (p.a)
+7.80%+8.61%+3.98%+6.16%+1.56%NA+7.14%+0.49%
+ 7.00% + 7.80% + 2.14% + 6.10% + 1.00% + 6.52% + 3.99% + 0.49%
ETM Rank #8 of 20 in Short Duration
Expense 0.39%
ICICI Prudential Corporate Bond Fund
AUM
₹22,656 Crs
Current Value
Return (p.a)
+7.60%+8.25%+4.18%+5.68%+1.85%NA+7.86%+0.65%
+ 6.88% + 7.59% + 2.38% + 6.17% + 1.25% + 6.79% + 4.26% + 0.65%
ETM Rank Unranked
Expense 0.32%
Aditya Birla Sun Life Corporate Bond Fund
AUM
₹17,961 Crs
Current Value
Return (p.a)
+7.66%+8.32%+3.94%+5.47%+1.72%NA+7.09%+0.56%
+ 6.71% + 7.59% + 2.20% + 5.73% + 1.11% + 6.24% + 4.01% + 0.56%
ETM Rank Unranked
Expense 0.31%
Nippon India Short-term Fund
AUM
₹6,164 Crs
Current Value
Return (p.a)
+7.48%+8.25%+3.90%+5.73%+1.50%NA+6.90%+0.49%
+ 6.66% + 7.43% + 2.12% + 5.80% + 0.95% + 6.11% + 3.95% + 0.49%
ETM Rank Unranked
Expense 0.36%
Nippon India Corporate Bond Fund
AUM
₹2,459 Crs
Current Value
Return (p.a)
+7.15%+8.00%+3.97%+6.07%+1.52%NA+7.31%+0.45%
+ 6.65% + 7.34% + 2.15% + 6.13% + 0.93% + 6.51% + 4.07% + 0.45%
ETM Rank #1 of 13 in Corporate Bond
Expense 0.34%
HDFC Short Term Debt Fund
AUM
₹12,412 Crs
Current Value
Return (p.a)
+7.48%+8.17%+3.98%+5.49%+1.62%NA+7.06%+0.52%
+ 6.63% + 7.45% + 2.18% + 5.72% + 1.04% + 6.21% + 4.02% + 0.52%
ETM Rank #5 of 20 in Short Duration
Expense 0.29%
Axis Short Term Fund
AUM
₹7,490 Crs
Current Value
Return (p.a)
+7.54%+8.32%+3.80%+5.43%+1.39%NA+6.89%+0.46%
+ 6.60% + 7.54% + 2.01% + 5.70% + 0.88% + 6.17% + 3.86% + 0.46%
ETM Rank #1 of 20 in Short Duration
Expense 0.34%
Kotak Banking and PSU Debt Fund
AUM
₹6,343 Crs
Current Value
Return (p.a)
+7.69%+8.31%+4.00%+5.34%+1.55%NA+7.10%+0.62%
+ 6.60% + 7.53% + 2.15% + 5.66% + 1.05% + 6.11% + 3.91% + 0.62%
ETM Rank #3 of 17 in Banking and PSU
Expense 0.37%
HDFC Corporate Bond Fund
AUM
₹26,407 Crs
Current Value
Return (p.a)
+7.63%+8.29%+4.05%+5.30%+1.57%NA+7.16%+0.55%
+ 6.59% + 7.53% + 2.23% + 5.57% + 1.04% + 6.08% + 4.04% + 0.55%
ETM Rank #3 of 13 in Corporate Bond
Expense 0.32%
Nippon India Banking & PSU Debt Fund
AUM
₹5,440 Crs
Current Value
Return (p.a)
+7.67%NA+3.85%+5.17%+1.39%NA+6.75%+0.44%
+ 6.52% N.A. + 2.02% + 5.42% + 0.85% + 5.87% + 3.84% + 0.44%
ETM Rank #10 of 17 in Banking and PSU
Expense 0.35%
Aditya Birla Sun Life Banking & PSU Debt Fund
AUM
₹8,400 Crs
Current Value
Return (p.a)
+7.48%+8.52%+3.80%+5.19%+1.52%NA+6.68%+0.49%
+ 6.44% + 7.55% + 2.06% + 5.47% + 0.97% + 5.92% + 3.81% + 0.49%
ETM Rank #2 of 17 in Banking and PSU
Expense 0.36%
Bandhan Banking & PSU Debt Fund
AUM
₹15,017 Crs
Current Value
Return (p.a)
+7.73%+7.86%+3.71%+4.96%+1.32%NA+6.61%+0.45%
+ 6.41% + 7.29% + 1.94% + 5.26% + 0.84% + 5.75% + 3.71% + 0.45%
ETM Rank #6 of 17 in Banking and PSU
Expense 0.32%
Kotak Bond Short-term Fund
AUM
₹13,225 Crs
Current Value
Return (p.a)
+7.42%+8.18%+3.91%+5.21%+1.53%NA+6.85%+0.57%
+ 6.41% + 7.41% + 2.15% + 5.50% + 1.02% + 5.98% + 3.89% + 0.57%
ETM Rank #6 of 20 in Short Duration
Expense 0.36%
Kotak Corporate Bond Fund
AUM
₹10,534 Crs
Current Value
Return (p.a)
+7.12%+8.07%+3.84%+5.23%+1.51%NA+6.76%+0.54%
+ 6.25% + 7.37% + 2.11% + 5.50% + 1.00% + 5.95% + 3.83% + 0.54%
ETM Rank #7 of 13 in Corporate Bond
Expense 0.33%
PGIM India Banking & PSU Debt Fund
AUM
₹46 Crs
Current Value
Return (p.a)
+7.28%+8.04%+3.54%+4.95%+1.27%NA+5.97%+0.38%
+ 6.15% + 7.20% + 1.85% + 5.07% + 0.79% + 5.41% + 3.50% + 0.38%
ETM Rank #5 of 17 in Banking and PSU
Expense 0.25%
Axis Banking & PSU Debt Fund
AUM
₹14,606 Crs
Current Value
Return (p.a)
+7.27%+7.91%+3.52%+4.87%+1.36%NA+6.14%+0.47%
+ 6.10% + 7.21% + 1.93% + 5.16% + 0.89% + 5.62% + 3.57% + 0.47%
ETM Rank #1 of 17 in Banking and PSU
Expense 0.34%
Bandhan All Seasons Bond Fund
AUM
₹121 Crs
Current Value
Return (p.a)
+7.27%+7.86%+3.59%+4.72%+1.26%NA+6.33%+0.39%
+ 6.09% + 7.13% + 1.84% + 5.02% + 0.78% + 5.50% + 3.57% + 0.39%
ETM Rank Unranked
Expense 0.17%
Invesco India Corporate Bond Fund
AUM
₹2,539 Crs
Current Value
Return (p.a)
+7.24%+7.45%+3.66%+4.78%+1.46%NA+6.40%+0.47%
+ 6.08% + 6.86% + 1.99% + 5.03% + 0.92% + 5.52% + 3.71% + 0.47%
ETM Rank #10 of 13 in Corporate Bond
Expense 0.28%
Bandhan Bond Fund Short Term Plan
AUM
₹8,880 Crs
Current Value
Return (p.a)
+7.07%+7.90%+3.69%+4.72%+1.27%NA+6.27%+0.38%
+ 5.98% + 7.04% + 1.85% + 5.06% + 0.77% + 5.57% + 3.63% + 0.38%
ETM Rank #12 of 20 in Short Duration
Expense 0.3%
Canara Robeco Short Duration Fund
AUM
₹482 Crs
Current Value
Return (p.a)
+6.59%+7.36%+3.53%+4.59%+1.44%NA+6.18%+0.45%
+ 5.71% + 6.72% + 1.92% + 4.93% + 0.91% + 5.46% + 3.58% + 0.45%
ETM Rank #9 of 20 in Short Duration
Expense 0.42%
Sundaram Banking & PSU Debt Fund
AUM
₹462 Crs
Current Value
Return (p.a)
+6.36%+7.10%+3.62%+4.15%+1.39%NA+6.22%+0.45%
+ 5.32% + 6.29% + 1.96% + 4.69% + 0.89% + 5.39% + 3.63% + 0.45%
ETM Rank #11 of 17 in Banking and PSU
Expense 0.23%
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