Top 10 Short Duration funds by 5-year CAGR
All 28 Regular-plan Short Duration schemes in AMFI’s data with a current NAV, ranked by 5-year CAGR. The table also shows shorter and longer returns, volatility, the deepest fall in five years and the Sharpe ratio, so one number is not read in isolation.
Ranked among 21 Regular-plan Short Duration schemes with enough history (7 newer schemes left out) · Growth option · data as of 27 Oct 2026.
| # | Scheme | Category | 5Y CAGR | 1Y | 3Y CAGR | Volatility | Max fall 5Y | Sharpe | Riskometer | AUM |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 | BANK OF INDIA SHORT TERM FUND Bank of India | Short Duration | 10.2% | 3.7% | 6.9% | 1.7% | −0.8% | 0.20 | Moderate | ₹259 Cr |
| 2 | ICICI Prudential Short Term Fund ICICI Prudential | Short Duration | 6.3% | 4.2% | 6.8% | 1.4% | −0.7% | 0.20 | Moderate | ₹18,523 Cr |
| 3 | Axis Short Term Fund Axis | Short Duration | 6.1% | 4.2% | 7.0% | 1.4% | −0.9% | 0.34 | Moderate | ₹7,424 Cr |
| 4 | Axis Short Term Fund Axis | Short Duration | 6.1% | 4.2% | 7.0% | 1.4% | −0.9% | 0.33 | Moderate | ₹7,424 Cr |
| 5 | HDFC Short Term Fund HDFC | Short Duration | 6.1% | 3.9% | 6.9% | 1.5% | −1.0% | 0.25 | Moderate | ₹14,065 Cr |
| 6 | Aditya Birla Sun Life Short Term Fund Aditya Birla Sun Life | Short Duration | 6.0% | 3.9% | 6.7% | 1.5% | −0.8% | 0.14 | Moderate | ₹5,325 Cr |
| 7 | Nippon India Short Term Fund Nippon India | Short Duration | 5.9% | 3.8% | 6.8% | 1.6% | −1.2% | 0.19 | Moderate | ₹6,338 Cr |
| 8 | UTI Short Term Fund UTI | Short Duration | 5.8% | 3.7% | 6.6% | 1.4% | −0.7% | 0.02 | Moderate | ₹1,739 Cr |
| 9 | SBI SHORT TERM FUND SBI | Short Duration | 5.8% | 3.6% | 6.6% | 1.5% | −0.8% | 0.02 | Moderate | ₹13,069 Cr |
| 10 | Baroda BNP Paribas Short Term Fund (the scheme has 2 segregated portfolios) Baroda BNP Paribas | Short Duration | 5.8% | 3.9% | 6.6% | 1.4% | −1.5% | 0.04 | Moderate | ₹416 Cr |
| Category median | 5.7% | 3.8% | 6.6% | 1.5% | −1.0% | 0.02 | ||||
Regular plans, Growth option. Returns are after expenses (TER is deducted from NAV). MFIC calculates returns, volatility, drawdown and Sharpe from AMFI NAVs; benchmark excess, riskometer and AUM are as published by AMFI. Schemes without enough history for the measure are left out, not estimated.
How to read this list
Is #1 the best fund to buy?
No. A “Top 5” or “Top 10” place means highest or lowest on this one historical measure. Past performance is not indicative of future performance, and a ranking does not consider your goals, time horizon, taxes or existing portfolio.
Why compare several columns?
A high return with a deep fall or high volatility is a different experience from a steadier path to a similar return. Use the dashboard to rank by consistency, risk-adjusted return, SIP returns or your own weights.
Where does the data come from?
Daily NAVs and published returns from AMFI; scheme details from Scheme Summary Documents. Full methodology is on the MFIC Intelligence methodology section.
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Mutual fund investments are subject to market risks. Read all scheme-related documents carefully.
Past performance is not indicative of future performance. MFIC rankings are based on historical data and selected criteria and should not be interpreted as a guarantee of future performance. Integrato Financial Services Private Limited is an AMFI-registered Mutual Fund Distributor (ARN-173155), not a SEBI-registered Investment Adviser; this page is analytical and educational and is not investment advice.