Fund Name Rank Rating 1Y 3Y 5Y 7Y 10Y SD Max DD VaR1Y95% Jensen's Alpha Beta Sortino Ratio Sharpe Ratio
1
6.72 8.09 7.18 7.95 8.04 0.95 -0.23 0.00 0.49 0.64 0.78 1.52
2
6.17 7.72 6.66 7.48 7.54 1.07 -0.18 0.00 0.39 0.71 0.73 1.39
3
6.57 7.85 6.80 7.55 7.67 1.14 -0.31 0.00 0.23 0.71 0.60 1.17
4
6.38 7.83 6.80 7.52 7.54 1.23 -0.43 0.00 0.01 0.82 0.51 1.07
5
6.19 7.79 6.90 7.69 7.81 1.16 -0.28 -0.15 0.00 0.77 0.50 1.06
6
6.28 7.67 6.41 7.13 7.28 1.19 -0.37 0.00 0.14 0.67 0.49 0.99
7
5.99 7.59 1.11 -0.20 0.00 -0.04 0.72 0.51 0.99
8
6.01 7.51 6.43 7.11 7.28 1.14 -0.37 0.00 -0.09 0.75 0.46 0.97
9
5.79 7.57 7.57 6.14 6.63 1.09 -0.35 0.00 -0.03 0.72 0.49 1.01
10
5.95 7.63 6.48 6.98 7.49 1.23 -0.42 -0.22 -0.37 0.85 0.39 0.83
11
5.79 7.60 10.66 5.17 6.01 1.48 -0.36 0.00 0.16 0.59 0.43 0.71
12
5.91 7.68 6.58 7.33 7.55 1.17 -0.29 -0.06 -0.29 0.79 0.40 0.83
13
5.91 7.26 1.10 -0.25 0.00 -0.31 0.73 0.39 0.77
14
5.96 7.44 6.24 6.98 7.12 1.20 -0.31 -0.09 -0.26 0.75 0.37 0.78
15
6.35 7.83 6.66 1.03 -0.22 0.00 -0.16 0.65 0.40 0.83
16
5.68 7.41 6.24 6.98 7.15 1.20 -0.50 -0.13 -0.42 0.80 0.32 0.72
17
5.77 7.15 5.98 6.65 7.09 1.00 -0.15 0.00 -0.43 0.65 0.27 0.59
18
5.61 7.49 6.41 7.00 1.21 -0.47 -0.14 -0.55 0.80 0.28 0.63
19
6.03 7.26 6.12 6.00 6.75 1.10 -0.15 0.00 -0.66 0.60 0.13 0.26
20
5.53 7.36 6.38 7.15 6.67 1.16 -0.39 0.00 -0.66 0.75 0.21 0.48
21
5.96 7.58 6.25 6.85 1.27 -0.62 -0.08 -0.82 0.86 0.20 0.47

Return Calculated On: 15 April 2026 | Ratios Calculated On: 30 March 2026

1Y, 3Y, 5Y, 7Y, and 10Y returns are annualized (in %). All returns are calculated on a compounded annual growth rate (CAGR) basis for Direct Growth funds

Rating: 5 Stars (Best) to 1 Star (Worst) | Rank: 1 (Best) to 100 (Worst). Rating and Rank are based on the performance of the fund over the last 3 years.

Max DD: Maximum Drawdown (in %) | SD: Standard Deviation (in %) | VaR 1Y 95%: Value at Risk (in %) | Jensen's Alpha: (in %)

Investors beware: Mutual Fund investments are subject to market risks. Please read the scheme related documents carefully.

Data Source: www.amfiindia.com

SEBI Categorization

For more details, visit AMFI India.

Best Short Duration Funds March 2026 Review Summary

  1. Icici Prudential Short Term Fund

    Icici Prudential Short Term Fund is the top ranked fund in the Short Duration Fund category. The category has total 21 funds. The 5 star rating shows an excellent past performance of the Icici Prudential Short Term Fund in Short Duration Fund. The fund has a Jensen Alpha of 0.49% which is higher than the category average of -0.17%. Here the fund has shown very good performance in terms of risk adjusted returns. The fund has a Sharpe Ratio of 1.52 which is higher than the category average of 0.86. Read Full Review

  2. Hdfc Short Term Debt Fund

    In the Short Duration Fund category, Hdfc Short Term Debt Fund is the third ranked fund. The category has total 21 funds. The Hdfc Short Term Debt Fund has shown an excellent past performence in Short Duration Fund. The fund has a Jensen Alpha of 0.39% which is higher than the category average of -0.17%. Here the fund has shown very good performance in terms of risk adjusted returns. The fund has a Sharpe Ratio of 1.39 which is higher than the category average of 0.86. Read Full Review

  3. Axis Short Duration Fund

    In the Short Duration Fund category, Axis Short Duration Fund is the 4th ranked fund. The category has total 21 funds. The 5 star rating shows an excellent past performance of the Axis Short Duration Fund in Short Duration Fund. The fund has a Jensen Alpha of 0.23% which is higher than the category average of -0.17%. Here the fund has shown very good performance in terms of risk adjusted returns. The fund has a Sharpe Ratio of 1.17 which is higher than the category average of 0.86. Read Full Review

  4. Nippon India Short Duration Fund

    Nippon India Short Duration Fund is the 6th ranked fund in the Short Duration Fund category. The category has total 21 funds. The Nippon India Short Duration Fund has shown a very good past performence in Short Duration Fund. The fund has a Jensen Alpha of 0.01% which is higher than the category average of -0.17%. Here the fund has shown very good performance in terms of risk adjusted returns. The fund has a Sharpe Ratio of 1.07 which is higher than the category average of 0.86. Read Full Review

  5. Aditya Birla Sun Life Short Term Fund

    In the Short Duration Fund category, Aditya Birla Sun Life Short Term Fund is the 8th ranked fund. The category has total 21 funds. The 4 star rating shows a very good past performance of the Aditya Birla Sun Life Short Term Fund in Short Duration Fund. The fund has a Jensen Alpha of 0.0% which is lower than the category average of -0.17%, showing poor performance. The fund has a Sharpe Ratio of 1.06 which is higher than the category average of 0.86. Read Full Review

  6. Bandhan Short Duration Fund

    Bandhan Short Duration Fund is the 11th ranked fund in the Short Duration Fund category. The category has total 21 funds. The 3 star rating shows an average past performance of the Bandhan Short Duration Fund in Short Duration Fund. The fund has a Jensen Alpha of 0.14% which is higher than the category average of -0.17%. Here the fund has shown very good performance in terms of risk adjusted returns. The fund has a Sharpe Ratio of 0.99 which is higher than the category average of 0.86. Read Full Review

  7. sundaram short duration fund

    In the Short Duration Fund category, sundaram short duration fund is the 13th ranked fund. The category has total 21 funds. The sundaram short duration fund has shown an average past performence in Short Duration Fund. The fund has a Jensen Alpha of -0.04% which is lower than the category average of -0.17%, showing poor performance. The fund has a Sharpe Ratio of 0.99 which is higher than the category average of 0.86. Read Full Review

  8. Sbi Short Term Debt Fund

    Sbi Short Term Debt Fund is the 5th ranked fund in the Short Duration Fund category. The category has total 21 funds. The Sbi Short Term Debt Fund has shown an excellent past performence in Short Duration Fund. The fund has a Jensen Alpha of -0.09% which is lower than the category average of -0.17%, showing poor performance. The fund has a Sharpe Ratio of 0.97 which is higher than the category average of 0.86. Read Full Review

  9. UTI Short Duration Fund

    In the Short Duration Fund category, UTI Short Duration Fund is the 7th ranked fund. The category has total 21 funds. The 4 star rating shows a very good past performance of the UTI Short Duration Fund in Short Duration Fund. The fund has a Jensen Alpha of -0.03% which is lower than the category average of -0.17%, showing poor performance. The fund has a Sharpe Ratio of 1.01 which is higher than the category average of 0.86. Read Full Review

  10. Baroda BNP Paribas Short Duration Fund

    Baroda BNP Paribas Short Duration Fund is the 10th ranked fund in the Short Duration Fund category. The category has total 21 funds. The Baroda BNP Paribas Short Duration Fund has shown an average past performence in Short Duration Fund. The fund has a Jensen Alpha of -0.37% which is lower than the category average of -0.17%, reflecting poor performance. The fund has a Sharpe Ratio of 0.83 which is lower than the category average of 0.86. Read Full Review

As On: 15 April 2026

Fund Name 1D 1W 1M 3M 6M 1Y 3Y 5Y 7Y 10Y 15Y
Aditya Birla Sun Life Short Term Fund
0.15
0.32
0.34
1.22
2.00
5.53
7.11
6.20
6.97
7.09
8.13
Baroda BNP Paribas Short Duration Fund
0.14
0.32
0.43
1.14
1.71
5.27
6.92
5.76
6.25
6.75
7.43
Bank of India Short Term Income Fund
0.19
0.36
0.43
1.18
1.86
5.21
7.03
10.16
4.66
5.41
6.32
Canara Robeco Short Duration Fund
0.11
0.26
0.50
1.25
1.86
5.10
6.49
5.33
5.99
6.36
TRUSTMF Short Duration Fund
0.14
0.38
0.55
1.20
1.83
5.38
6.73
Dsp Short Term Fund
0.19
0.35
0.28
1.09
1.65
5.03
6.75
5.59
6.30
6.42
7.29
Hdfc Short Term Debt Fund
0.17
0.33
0.40
1.32
2.16
5.83
7.39
6.27
7.10
7.23
7.95
Icici Prudential Short Term Fund
0.18
0.36
0.56
1.41
2.38
6.08
7.44
6.48
7.21
7.26
Bandhan Short Duration Fund
0.19
0.38
0.81
1.62
2.32
5.77
7.16
5.90
6.61
6.75
7.49
Groww Short Duration Fund
0.17
0.38
0.56
1.16
1.70
5.28
6.22
4.98
4.83
5.58
Invesco India Short Duration Fund
0.18
0.31
0.40
1.09
1.72
5.24
6.83
5.51
6.20
6.36
7.16
Kotak Bond Short Term Fund
0.19
0.36
0.38
1.26
1.84
5.13
6.87
5.75
6.49
6.67
7.41
LIC MF Short Duration Fund
0.17
0.38
0.36
1.18
1.68
4.99
6.55
5.20
5.77
Mahindra Manulife Short Duration Fund
0.17
0.34
0.52
1.35
2.04
5.35
6.80
5.64
Mirae Asset Short Duration Fund
0.13
0.27
0.12
0.81
1.41
4.72
6.59
5.53
6.12
Nippon India Short Duration Fund
0.18
0.35
0.33
1.32
1.97
5.77
7.22
6.09
6.77
6.81
7.57
Sbi Short Term Debt Fund
0.18
0.31
0.37
1.18
1.87
5.54
7.01
5.91
6.59
6.72
7.49
sundaram short duration fund
0.14
0.32
0.47
1.30
2.07
5.43
6.99
Tata Short Term Bond Fund
0.16
0.31
0.53
1.25
1.73
4.66
6.49
5.49
6.22
5.75
6.91
Union Short Duration Fund
0.17
0.32
0.38
1.23
1.71
5.40
UTI Short Duration Fund
0.16
0.30
0.35
1.22
1.84
5.31
7.03
6.99
5.59
6.08
7.37
Axis Short Duration Fund
0.17
0.35
0.55
1.40
2.17
6.01
7.27
6.16
6.89
6.99
7.66

As On: 15 April 2026

Fund Name 1D 1W 1M 3M 6M 1Y 3Y 5Y 7Y 10Y 15Y
Aditya Birla Sun Life Short Term Fund
0.15
0.34
0.39
1.37
2.32
6.19
7.79
6.90
7.69
7.81
Baroda BNP Paribas Short Duration Fund
0.15
0.33
0.48
1.30
2.04
5.95
7.63
6.48
6.98
7.49
Bank of India Short Term Income Fund
0.19
0.37
0.48
1.33
2.15
5.79
7.60
10.66
5.17
6.01
Canara Robeco Short Duration Fund
0.12
0.27
0.55
1.41
2.20
5.77
7.15
5.98
6.65
7.09
TRUSTMF Short Duration Fund
0.15
0.39
0.59
1.32
2.09
5.91
7.26
Dsp Short Term Fund
0.19
0.36
0.33
1.24
1.96
5.68
7.41
6.24
6.98
7.15
Hdfc Short Term Debt Fund
0.18
0.33
0.43
1.40
2.32
6.17
7.72
6.66
7.48
7.54
Icici Prudential Short Term Fund
0.19
0.37
0.61
1.56
2.69
6.72
8.09
7.18
7.95
8.04
Bandhan Short Duration Fund
0.20
0.39
0.85
1.74
2.57
6.28
7.67
6.41
7.13
7.28
Groww Short Duration Fund
0.18
0.39
0.63
1.34
2.07
6.03
7.26
6.12
6.00
6.75
Invesco India Short Duration Fund
0.19
0.32
0.45
1.25
2.06
5.96
7.44
6.24
6.98
7.12
Kotak Bond Short Term Fund
0.20
0.38
0.45
1.44
2.21
5.91
7.68
6.58
7.33
7.55
LIC MF Short Duration Fund
0.17
0.40
0.43
1.38
2.13
5.96
7.58
6.25
6.85
Mahindra Manulife Short Duration Fund
0.18
0.36
0.59
1.57
2.51
6.35
7.83
6.66
Mirae Asset Short Duration Fund
0.13
0.28
0.19
1.02
1.85
5.61
7.49
6.41
7.00
Nippon India Short Duration Fund
0.18
0.35
0.37
1.45
2.25
6.38
7.83
6.80
7.52
7.54
Sbi Short Term Debt Fund
0.18
0.32
0.41
1.30
2.09
6.01
7.51
6.43
7.11
7.28
sundaram short duration fund
0.14
0.32
0.51
1.40
2.31
5.99
7.59
Tata Short Term Bond Fund
0.16
0.32
0.60
1.46
2.16
5.53
7.36
6.38
7.15
6.67
Union Short Duration Fund
0.17
0.32
0.42
1.30
1.86
5.76
UTI Short Duration Fund
0.16
0.31
0.39
1.34
2.08
5.79
7.57
7.57
6.14
6.63
Axis Short Duration Fund
0.18
0.36
0.59
1.53
2.44
6.57
7.85
6.80
7.55
7.67

As On: 15 April 2026

Fund Name 1 Year 3 Year 5 Year 7 Year 10 Year 15 Year
Aditya Birla Sun Life Short Term Fund
4.72
4.80
3.72
5.25
6.22
7.13
Baroda BNP Paribas Short Duration Fund
4.30
4.54
3.45
4.74
5.73
6.60
Bank of India Short Term Income Fund
Canara Robeco Short Duration Fund
4.48
4.24
3.06
4.39
5.37
TRUSTMF Short Duration Fund
4.50
4.50
Dsp Short Term Fund
4.06
4.37
3.26
4.62
5.59
6.41
Hdfc Short Term Debt Fund
5.01
5.03
3.89
5.35
6.38
7.15
Icici Prudential Short Term Fund
5.43
5.10
4.04
5.50
6.44
7.18
Bandhan Short Duration Fund
5.35
4.99
3.70
4.99
5.97
6.69
Groww Short Duration Fund
4.37
4.25
2.87
3.90
4.67
Invesco India Short Duration Fund
4.31
4.54
3.30
4.58
5.51
6.23
Kotak Bond Short Term Fund
4.41
4.53
3.37
4.76
5.78
6.57
LIC MF Short Duration Fund
4.16
4.28
3.03
4.22
Mahindra Manulife Short Duration Fund
4.72
4.54
3.33
Mirae Asset Short Duration Fund
3.65
4.23
3.15
4.49
Nippon India Short Duration Fund
4.79
4.94
3.73
5.14
6.04
6.79
Sbi Short Term Debt Fund
4.58
4.73
3.57
4.91
5.87
6.67
sundaram short duration fund
4.80
4.71
Tata Short Term Bond Fund
4.15
4.16
3.11
4.48
5.13
5.92
Union Short Duration Fund
4.40
UTI Short Duration Fund
4.49
4.60
3.75
5.46
5.63
6.31
Axis Short Duration Fund
5.18
5.10
3.86
5.23
6.19
6.90

As On: 15 April 2026

Fund Name 1 Year 3 Year 5 Year 7 Year 10 Year 15 Year
Aditya Birla Sun Life Short Term Fund
5.38
5.45
4.39
5.95
6.94
Baroda BNP Paribas Short Duration Fund
4.97
5.22
4.13
5.45
6.46
Bank of India Short Term Income Fund
5.09
5.47
6.31
7.58
6.44
Canara Robeco Short Duration Fund
5.16
4.88
3.69
5.04
6.06
TRUSTMF Short Duration Fund
5.03
5.02
Dsp Short Term Fund
4.70
5.01
3.89
5.28
6.28
Hdfc Short Term Debt Fund
5.34
5.35
4.23
5.73
6.74
Icici Prudential Short Term Fund
6.07
5.72
4.68
6.20
7.19
Bandhan Short Duration Fund
5.86
5.49
4.19
5.51
6.50
Groww Short Duration Fund
5.13
5.19
3.88
5.01
5.84
Invesco India Short Duration Fund
5.01
5.16
3.94
5.29
6.28
Kotak Bond Short Term Fund
5.18
5.30
4.16
5.59
6.64
LIC MF Short Duration Fund
5.11
5.26
4.02
5.27
Mahindra Manulife Short Duration Fund
5.70
5.53
4.32
Mirae Asset Short Duration Fund
4.55
5.11
4.01
5.38
Nippon India Short Duration Fund
5.38
5.53
4.35
5.84
6.77
Sbi Short Term Debt Fund
5.04
5.21
4.06
5.42
6.41
sundaram short duration fund
5.32
5.28
Tata Short Term Bond Fund
5.01
5.02
3.95
5.38
6.05
Union Short Duration Fund
4.74
UTI Short Duration Fund
4.96
5.08
4.27
6.02
6.18
Axis Short Duration Fund
5.74
5.65
4.44
5.86
6.86

Performance Indicators


Calculated On: 30 March 2026

Fund Name VaR 1 Y 95% Max Drawdown % Average Drawdown % Standard Deviation % Semi Deviation %
Aditya Birla Sun Life Short Term Fund -0.15 -0.28 -0.13 1.16 0.86
Baroda Bnp Paribas Short Duration Fund -0.22 -0.42 -0.18 1.23 0.88
Bank Of India Short Term Income Fund 0.00 -0.36 -0.36 1.48 0.87
Canara Robeco Short Duration Fund 0.00 -0.15 -0.10 1.00 0.72
Trustmf Short Duration Fund 0.00 -0.25 -0.25 1.10 0.74
Dsp Short Term Fund -0.13 -0.50 -0.21 1.20 0.90
Hdfc Short Term Debt Fund 0.00 -0.18 -0.18 1.07 0.78
Icici Prudential Short Term Fund 0.00 -0.23 -0.23 0.95 0.70
Bandhan Short Duration Fund 0.00 -0.37 -0.22 1.19 0.86
Groww Short Duration Fund 0.00 -0.15 -0.15 1.10 0.72
Invesco India Short Duration Fund -0.09 -0.31 -0.12 1.20 0.86
Kotak Bond Short Term Fund -0.06 -0.29 -0.22 1.17 0.84
Lic Mf Short Duration Fund -0.08 -0.62 -0.41 1.27 0.96
Mahindra Manulife Short Duration Fund 0.00 -0.22 -0.22 1.03 0.73
Mirae Asset Short Duration Fund -0.14 -0.47 -0.20 1.21 0.90
Nippon India Short Duration Fund 0.00 -0.43 -0.25 1.23 0.91
Sbi Short Term Debt Fund 0.00 -0.37 -0.37 1.14 0.84
Sundaram Short Duration Fund 0.00 -0.20 -0.14 1.11 0.78
Tata Short Term Bond Fund 0.00 -0.39 -0.27 1.16 0.85
Uti Short Duration Fund 0.00 -0.35 -0.35 1.09 0.80
Axis Short Duration Fund 0.00 -0.31 -0.31 1.14 0.82

Calculated On: 30 March 2026

Fund Name Sharpe Ratio Sortino Ratio Sterling ratio Hurst Index Jensen’s Alpha Beta R2 Treynor Ratio Modigliani2 Measure Active Return
Aditya Birla Sun Life Short Term Fund
1.06
0.50
0.69
0.45
0.00
0.77
0.58
0.81
-0.6000
Baroda Bnp Paribas Short Duration Fund
0.83
0.39
0.66
0.47
-0.37
0.85
0.61
1.07
-0.7400
Bank Of India Short Term Income Fund
0.71
0.43
0.67
0.51
0.16
0.59
0.20
1.85
-0.6500
Canara Robeco Short Duration Fund
0.59
0.27
0.63
0.44
-0.43
0.65
0.55
0.00
-1.2100
Trustmf Short Duration Fund
0.77
0.39
0.65
0.46
-0.31
0.73
0.57
0.53
-0.9200
Dsp Short Term Fund
0.72
0.32
0.64
0.47
-0.42
0.80
0.57
0.97
-1.0100
Hdfc Short Term Debt Fund
1.39
0.73
0.72
0.44
0.39
0.71
0.58
0.45
-0.2900
Icici Prudential Short Term Fund
1.52
0.78
0.72
0.48
0.49
0.64
0.61
-0.22
-0.3300
Bandhan Short Duration Fund
0.99
0.49
0.68
0.45
0.14
0.67
0.42
0.94
-0.8100
Groww Short Duration Fund
0.26
0.13
0.60
0.42
-0.66
0.60
0.40
0.51
-1.5200
Invesco India Short Duration Fund
0.78
0.37
0.66
0.44
-0.26
0.75
0.49
0.98
-0.8500
Kotak Bond Short Term Fund
0.83
0.40
0.66
0.45
-0.29
0.79
0.59
0.85
-0.8200
Lic Mf Short Duration Fund
0.47
0.20
0.60
0.47
-0.82
0.86
0.57
1.21
-1.1900
Mahindra Manulife Short Duration Fund
0.83
0.40
0.66
0.46
-0.16
0.65
0.51
0.20
-0.9200
Mirae Asset Short Duration Fund
0.63
0.28
0.63
0.47
-0.55
0.80
0.58
0.98
-1.0600
Nippon India Short Duration Fund
1.07
0.51
0.69
0.46
0.01
0.82
0.57
1.10
-0.4600
Sbi Short Term Debt Fund
0.97
0.46
0.67
0.47
-0.09
0.75
0.58
0.73
-0.8400
Sundaram Short Duration Fund
0.99
0.51
0.68
0.44
-0.04
0.72
0.54
0.62
-0.6500
Tata Short Term Bond Fund
0.48
0.21
0.61
0.45
-0.66
0.75
0.57
0.77
-1.3200
Uti Short Duration Fund
1.01
0.49
0.67
0.47
-0.03
0.72
0.56
0.53
-0.6800
Axis Short Duration Fund
1.17
0.60
0.70
0.46
0.23
0.71
0.52
0.76
-0.6000