8 Best Short Term Mutual Funds to Invest in SIP 2025

Updated on November 20, 2025 , 43893 views

Short term Mutual Funds are a type of debt funds that allow investors to invest for a short term, i.e. up to 1-3 years. These funds invest in debt securities and are ideal for investors looking for an alternative of fixed deposits to earn better returns.

These funds typically invest in debt instruments such as a certificate of deposit, government paper and corporate paper. short term debt funds allow greater flexibility. Investors can exit the fund as and when they require. Also, unlike other Types of Mutual Funds, there are no withdrawal charges in this fund. best short term Mutual Funds allow investors to earn good returns with less market risk. So, investors who want to invest for a short or mid term can invest in this scheme and gain valuable returns and growth.

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Fund Selection Methodology used to find 8 funds

Sub-category: Short%20term%20Bond
Investment Option: SIP
AUM Range: 100 to 1000000 Cr
Sorted On : 3-year return (high to low)
Tags: fcpro
No Of Funds: 8

Top 8 Best Performing Short Term Debt Funds for SIP Investments FY 25 - 26

Fund	NAV	Net Assets (Cr)	Min SIP Investment	3 MO (%)	6 MO (%)	1 YR (%)	3 YR (%)	2024 (%)	Debt Yield (YTM)	Mod. Duration	Eff. Maturity
HDFC Short Term Debt Fund Growth	₹32.898 ↓ 0.00	₹17,947	300	1.7	2.8	8.2	7.9	8.3	6.98%	2Y 3M 14D	3Y 5M 8D
ICICI Prudential Short Term Fund Growth	₹61.8533 ↓ -0.02	₹22,880	1,000	1.8	3	8.2	7.8	7.8	7.19%	2Y 7M 13D	4Y 8M 12D
Axis Short Term Fund Growth	₹31.7796 ↓ -0.01	₹12,346	1,000	1.7	2.9	8.6	7.7	8	6.88%	2Y 2M 19D	2Y 8M 26D
Nippon India Short Term Fund Growth	₹54.2679 ↓ -0.01	₹9,297	100	1.8	2.7	8.5	7.7	8	7.04%	2Y 8M 1D	3Y 3M 29D
Aditya Birla Sun Life Short Term Opportunities Fund Growth	₹48.8954 ↓ -0.01	₹10,963	1,000	1.8	2.8	8.3	7.6	7.9	7.21%	2Y 9M 25D	3Y 8M 1D
SBI Short Term Debt Fund Growth	₹32.997 ↓ 0.00	₹17,442	500	1.7	2.7	8.3	7.5	7.7	6.98%	2Y 8M 5D	3Y 4M 28D
UTI Short Term Income Fund Growth	₹32.5113 ↓ 0.00	₹3,381	500	1.5	2.5	7.8	7.5	7.9	6.77%	2Y 5M 26D	3Y 1M 24D
Bandhan Bond Fund Short Term Plan Growth	₹58.4985 ↑ 0.00	₹10,766	1,000	1.6	2.3	8	7.5	7.8	6.54%	2Y 10M 10D	3Y 5M 12D
Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 21 Nov 25

Research Highlights & Commentary of 8 Funds showcased

Commentary	HDFC Short Term Debt Fund	ICICI Prudential Short Term Fund	Axis Short Term Fund	Nippon India Short Term Fund	Aditya Birla Sun Life Short Term Opportunities Fund	SBI Short Term Debt Fund	UTI Short Term Income Fund	Bandhan Bond Fund Short Term Plan
Point 1	Top quartile AUM (₹17,947 Cr).	Highest AUM (₹22,880 Cr).	Upper mid AUM (₹12,346 Cr).	Bottom quartile AUM (₹9,297 Cr).	Lower mid AUM (₹10,963 Cr).	Upper mid AUM (₹17,442 Cr).	Bottom quartile AUM (₹3,381 Cr).	Lower mid AUM (₹10,766 Cr).
Point 2	Established history (15+ yrs).	Oldest track record among peers (24 yrs).	Established history (15+ yrs).	Established history (22+ yrs).	Established history (22+ yrs).	Established history (18+ yrs).	Established history (18+ yrs).	Established history (24+ yrs).
Point 3	Rating: 3★ (lower mid).	Top rated.	Rating: 3★ (lower mid).	Rating: 4★ (top quartile).	Rating: 4★ (upper mid).	Rating: 3★ (bottom quartile).	Rating: 4★ (upper mid).	Rating: 2★ (bottom quartile).
Point 4	Risk profile: Moderately Low.	Risk profile: Moderate.	Risk profile: Moderately Low.	Risk profile: Moderately Low.	Risk profile: Moderate.	Risk profile: Moderately Low.	Risk profile: Moderate.	Risk profile: Moderately Low.
Point 5	1Y return: 8.22% (lower mid).	1Y return: 8.23% (lower mid).	1Y return: 8.57% (top quartile).	1Y return: 8.46% (top quartile).	1Y return: 8.29% (upper mid).	1Y return: 8.27% (upper mid).	1Y return: 7.78% (bottom quartile).	1Y return: 7.99% (bottom quartile).
Point 6	1M return: 0.51% (upper mid).	1M return: 0.56% (top quartile).	1M return: 0.46% (lower mid).	1M return: 0.47% (upper mid).	1M return: 0.56% (top quartile).	1M return: 0.46% (lower mid).	1M return: 0.39% (bottom quartile).	1M return: 0.34% (bottom quartile).
Point 7	Sharpe: 1.44 (upper mid).	Sharpe: 1.59 (top quartile).	Sharpe: 1.73 (top quartile).	Sharpe: 1.45 (upper mid).	Sharpe: 1.32 (lower mid).	Sharpe: 1.42 (lower mid).	Sharpe: 1.18 (bottom quartile).	Sharpe: 1.01 (bottom quartile).
Point 8	Information ratio: 0.00 (top quartile).	Information ratio: 0.00 (top quartile).	Information ratio: 0.00 (upper mid).	Information ratio: 0.00 (upper mid).	Information ratio: 0.00 (lower mid).	Information ratio: 0.00 (lower mid).	Information ratio: 0.00 (bottom quartile).	Information ratio: 0.00 (bottom quartile).
Point 9	Yield to maturity (debt): 6.98% (upper mid).	Yield to maturity (debt): 7.19% (top quartile).	Yield to maturity (debt): 6.88% (lower mid).	Yield to maturity (debt): 7.04% (upper mid).	Yield to maturity (debt): 7.21% (top quartile).	Yield to maturity (debt): 6.98% (lower mid).	Yield to maturity (debt): 6.77% (bottom quartile).	Yield to maturity (debt): 6.54% (bottom quartile).
Point 10	Modified duration: 2.29 yrs (top quartile).	Modified duration: 2.62 yrs (upper mid).	Modified duration: 2.22 yrs (top quartile).	Modified duration: 2.67 yrs (lower mid).	Modified duration: 2.82 yrs (bottom quartile).	Modified duration: 2.68 yrs (lower mid).	Modified duration: 2.49 yrs (upper mid).	Modified duration: 2.86 yrs (bottom quartile).

HDFC Short Term Debt Fund

Top quartile AUM (₹17,947 Cr).
Established history (15+ yrs).
Rating: 3★ (lower mid).
Risk profile: Moderately Low.
1Y return: 8.22% (lower mid).
1M return: 0.51% (upper mid).
Sharpe: 1.44 (upper mid).
Information ratio: 0.00 (top quartile).
Yield to maturity (debt): 6.98% (upper mid).
Modified duration: 2.29 yrs (top quartile).

ICICI Prudential Short Term Fund

Highest AUM (₹22,880 Cr).
Oldest track record among peers (24 yrs).
Top rated.
Risk profile: Moderate.
1Y return: 8.23% (lower mid).
1M return: 0.56% (top quartile).
Sharpe: 1.59 (top quartile).
Information ratio: 0.00 (top quartile).
Yield to maturity (debt): 7.19% (top quartile).
Modified duration: 2.62 yrs (upper mid).

Axis Short Term Fund

Upper mid AUM (₹12,346 Cr).
Established history (15+ yrs).
Rating: 3★ (lower mid).
Risk profile: Moderately Low.
1Y return: 8.57% (top quartile).
1M return: 0.46% (lower mid).
Sharpe: 1.73 (top quartile).
Information ratio: 0.00 (upper mid).
Yield to maturity (debt): 6.88% (lower mid).
Modified duration: 2.22 yrs (top quartile).

Nippon India Short Term Fund

Bottom quartile AUM (₹9,297 Cr).
Established history (22+ yrs).
Rating: 4★ (top quartile).
Risk profile: Moderately Low.
1Y return: 8.46% (top quartile).
1M return: 0.47% (upper mid).
Sharpe: 1.45 (upper mid).
Information ratio: 0.00 (upper mid).
Yield to maturity (debt): 7.04% (upper mid).
Modified duration: 2.67 yrs (lower mid).

Aditya Birla Sun Life Short Term Opportunities Fund

Lower mid AUM (₹10,963 Cr).
Established history (22+ yrs).
Rating: 4★ (upper mid).
Risk profile: Moderate.
1Y return: 8.29% (upper mid).
1M return: 0.56% (top quartile).
Sharpe: 1.32 (lower mid).
Information ratio: 0.00 (lower mid).
Yield to maturity (debt): 7.21% (top quartile).
Modified duration: 2.82 yrs (bottom quartile).

SBI Short Term Debt Fund

Upper mid AUM (₹17,442 Cr).
Established history (18+ yrs).
Rating: 3★ (bottom quartile).
Risk profile: Moderately Low.
1Y return: 8.27% (upper mid).
1M return: 0.46% (lower mid).
Sharpe: 1.42 (lower mid).
Information ratio: 0.00 (lower mid).
Yield to maturity (debt): 6.98% (lower mid).
Modified duration: 2.68 yrs (lower mid).

UTI Short Term Income Fund

Bottom quartile AUM (₹3,381 Cr).
Established history (18+ yrs).
Rating: 4★ (upper mid).
Risk profile: Moderate.
1Y return: 7.78% (bottom quartile).
1M return: 0.39% (bottom quartile).
Sharpe: 1.18 (bottom quartile).
Information ratio: 0.00 (bottom quartile).
Yield to maturity (debt): 6.77% (bottom quartile).
Modified duration: 2.49 yrs (upper mid).

Bandhan Bond Fund Short Term Plan

Lower mid AUM (₹10,766 Cr).
Established history (24+ yrs).
Rating: 2★ (bottom quartile).
Risk profile: Moderately Low.
1Y return: 7.99% (bottom quartile).
1M return: 0.34% (bottom quartile).
Sharpe: 1.01 (bottom quartile).
Information ratio: 0.00 (bottom quartile).
Yield to maturity (debt): 6.54% (bottom quartile).
Modified duration: 2.86 yrs (bottom quartile).

About the Fincash Research Team

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Location: Thane, Maharashtra, India
Experience: 9+ years in Mutual Fund distribution

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*Above is list of best Short Term Debt funds having AUM/Net Assets above 100 Crore. Sorted on Last 3 Year Return.

1. HDFC Short Term Debt Fund

(Erstwhile HDFC Short Term Opportunities Fund)

To generate regular income through investments in Debt/Money Market Instruments and Government Securities with maturities not exceeding 36 months.

Research Highlights for HDFC Short Term Debt Fund

Top quartile AUM (₹17,947 Cr).
Established history (15+ yrs).
Rating: 3★ (lower mid).
Risk profile: Moderately Low.
1Y return: 8.22% (lower mid).
1M return: 0.51% (upper mid).
Sharpe: 1.44 (upper mid).
Information ratio: 0.00 (top quartile).
Yield to maturity (debt): 6.98% (upper mid).
Modified duration: 2.29 yrs (top quartile).
Average maturity: 3.44 yrs (lower mid).
Exit load: NIL.

Below is the key information for HDFC Short Term Debt Fund

HDFC Short Term Debt Fund Growth
Launch Date	25 Jun 10
NAV (21 Nov 25)	₹32.898 ↓ 0.00 (-0.01 %)
Net Assets (Cr)	₹17,947 on 31 Oct 25
Category	Debt - Short term Bond
AMC	HDFC Asset Management Company Limited
Rating	☆☆☆
Risk	Moderately Low
Expense Ratio	0.69
Sharpe Ratio	1.44
Information Ratio	0
Alpha Ratio	0
Min Investment	5,000
Min SIP Investment	300
Exit Load	NIL
Yield to Maturity	6.98%
Effective Maturity	3 Years 5 Months 8 Days
Modified Duration	2 Years 3 Months 14 Days

Growth of 10,000 investment over the years.

Date	Value
31 Oct 20	₹10,000
31 Oct 21	₹10,457
31 Oct 22	₹10,757
31 Oct 23	₹11,508
31 Oct 24	₹12,500
31 Oct 25	₹13,527

HDFC Short Term Debt Fund SIP Returns

Total investment amount is ₹180,000
expected amount after 3 Years is ₹200,132.
Net Profit of ₹20,132 Invest Now

Returns for HDFC Short Term Debt Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 21 Nov 25

Duration	Returns
1 Month	0.5%
3 Month	1.7%
6 Month	2.8%
1 Year	8.2%
3 Year	7.9%
5 Year	6.2%
10 Year
15 Year
Since launch	8%

Historical performance (Yearly) on absolute basis

Year	Returns
2024	8.3%
2023	7.1%
2022	3.5%
2021	3.9%
2020	11%
2019	9.7%
2018	7%
2017	6.5%
2016	9.3%
2015	8.7%

Fund Manager information for HDFC Short Term Debt Fund

Name	Since	Tenure
Anil Bamboli	25 Jun 10	15.28 Yr.
Dhruv Muchhal	22 Jun 23	2.28 Yr.

Data below for HDFC Short Term Debt Fund as on 31 Oct 25

Asset Allocation

Asset Class	Value
Cash	5.31%
Debt	94.42%
Other	0.27%

Debt Sector Allocation

Sector	Value
Corporate	61.48%
Government	30.8%
Cash Equivalent	4.21%
Securitized	3.25%

Credit Quality

Rating	Value
AA	13.13%
AAA	86.87%

Top Securities Holdings / Portfolio

Name	Holding	Value	Quantity
7.18% Govt Stock 2033 Sovereign Bonds \| -	4%	₹781 Cr	75,000,000
Aditya Birla Renewables Limited Debentures \| -	2%	₹442 Cr	43,500
Jubilant Beverages Limited Debentures \| -	2%	₹405 Cr	38,500
Jtpm Metal TRaders Limited Debentures \| -	2%	₹365 Cr	36,000
7.26% Govt Stock 2032 Sovereign Bonds \| -	2%	₹361 Cr	34,500,000
SHIVSHAKTI SECURITISATION TRUST Unlisted bonds \| -	2%	₹354 Cr	350
Jamnagar Utilities & Power Private Limited Debentures \| -	2%	₹333 Cr	32,500
7.11% Govt Stock 2028 Sovereign Bonds \| -	2%	₹318 Cr	31,500,000
National Bank For Agriculture And Rural Development Debentures \| -	1%	₹256 Cr	25,000
Bajaj Housing Finance Limited Debentures \| -	1%	₹255 Cr	25,000

2. ICICI Prudential Short Term Fund

To generate income through investments in a range of debt and money market instruments of various maturities with a view to maximising income while maintaining the optimum balance of yield, safety and liquidity.

Research Highlights for ICICI Prudential Short Term Fund

Highest AUM (₹22,880 Cr).
Oldest track record among peers (24 yrs).
Top rated.
Risk profile: Moderate.
1Y return: 8.23% (lower mid).
1M return: 0.56% (top quartile).
Sharpe: 1.59 (top quartile).
Information ratio: 0.00 (top quartile).
Yield to maturity (debt): 7.19% (top quartile).
Modified duration: 2.62 yrs (upper mid).
Average maturity: 4.70 yrs (bottom quartile).
Exit load: 0-7 Days (0.25%),7 Days and above(NIL).

Below is the key information for ICICI Prudential Short Term Fund

ICICI Prudential Short Term Fund Growth
Launch Date	25 Oct 01
NAV (21 Nov 25)	₹61.8533 ↓ -0.02 (-0.02 %)
Net Assets (Cr)	₹22,880 on 31 Oct 25
Category	Debt - Short term Bond
AMC	ICICI Prudential Asset Management Company Limited
Rating	☆☆☆☆
Risk	Moderate
Expense Ratio	1.04
Sharpe Ratio	1.59
Information Ratio	0
Alpha Ratio	0
Min Investment	5,000
Min SIP Investment	1,000
Exit Load	0-7 Days (0.25%),7 Days and above(NIL)
Yield to Maturity	7.19%
Effective Maturity	4 Years 8 Months 12 Days
Modified Duration	2 Years 7 Months 13 Days

Growth of 10,000 investment over the years.

Date	Value
31 Oct 20	₹10,000
31 Oct 21	₹10,470
31 Oct 22	₹10,886
31 Oct 23	₹11,662
31 Oct 24	₹12,603
31 Oct 25	₹13,635

ICICI Prudential Short Term Fund SIP Returns

Total investment amount is ₹180,000
expected amount after 3 Years is ₹200,132.
Net Profit of ₹20,132 Invest Now

Returns for ICICI Prudential Short Term Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 21 Nov 25

Duration	Returns
1 Month	0.6%
3 Month	1.8%
6 Month	3%
1 Year	8.2%
3 Year	7.8%
5 Year	6.4%
10 Year
15 Year
Since launch	7.9%

Historical performance (Yearly) on absolute basis

Year	Returns
2024	7.8%
2023	7.4%
2022	4.7%
2021	3.9%
2020	10.6%
2019	9.7%
2018	5.8%
2017	5.9%
2016	11.1%
2015	8%

Fund Manager information for ICICI Prudential Short Term Fund

Name	Since	Tenure
Manish Banthia	19 Nov 09	15.88 Yr.
Nikhil Kabra	29 Dec 20	4.76 Yr.

Data below for ICICI Prudential Short Term Fund as on 31 Oct 25

Asset Allocation

Asset Class	Value
Cash	3.49%
Debt	96.25%
Other	0.27%

Debt Sector Allocation

Sector	Value

Credit Quality

Rating	Value
AA	19.76%
AAA	80.24%

Top Securities Holdings / Portfolio

Name	Holding	Value	Quantity
LIC Housing Finance Ltd Debentures \| -	3%	₹765 Cr	75,000
6.79% Govt Stock 2034 Sovereign Bonds \| -	3%	₹714 Cr	70,187,610
6.99% Govt Stock 2034 Sovereign Bonds \| -	3%	₹708 Cr	69,574,740
SHIVSHAKTI SECURITISATION TRUST Unlisted bonds \| -	3%	₹632 Cr	625
National Bank For Agriculture And Rural Development Debentures \| -	3%	₹616 Cr	60,500
6.82% Govt Stock 2033 Sovereign Bonds \| -	2%	₹561 Cr	54,249,740 ↓ -1,062,500
SIDDHIVINAYAK SECURITISATION TRUST Unlisted bonds \| -	2%	₹531 Cr	525
Vedanta Limited Debentures \| -	2%	₹511 Cr	51,000
7.1% Govt Stock 2034 Sovereign Bonds \| -	2%	₹429 Cr	41,358,430
7.11% Govt Stock 2028 Sovereign Bonds \| -	2%	₹362 Cr	35,888,900 ↓ -111,100

3. Axis Short Term Fund

To generate stable returns with a low risk strategy while maintaining liquidity through a portfolio comprising of debt and money market instruments. However, there can be no assurance that the investment objective of the scheme will be achieved.

Research Highlights for Axis Short Term Fund

Upper mid AUM (₹12,346 Cr).
Established history (15+ yrs).
Rating: 3★ (lower mid).
Risk profile: Moderately Low.
1Y return: 8.57% (top quartile).
1M return: 0.46% (lower mid).
Sharpe: 1.73 (top quartile).
Information ratio: 0.00 (upper mid).
Yield to maturity (debt): 6.88% (lower mid).
Modified duration: 2.22 yrs (top quartile).
Average maturity: 2.74 yrs (top quartile).
Exit load: NIL.

Below is the key information for Axis Short Term Fund

Axis Short Term Fund Growth
Launch Date	22 Jan 10
NAV (21 Nov 25)	₹31.7796 ↓ -0.01 (-0.02 %)
Net Assets (Cr)	₹12,346 on 31 Oct 25
Category	Debt - Short term Bond
AMC	Axis Asset Management Company Limited
Rating	☆☆☆
Risk	Moderately Low
Expense Ratio	0.88
Sharpe Ratio	1.73
Information Ratio	0
Alpha Ratio	0
Min Investment	5,000
Min SIP Investment	1,000
Exit Load	NIL
Yield to Maturity	6.88%
Effective Maturity	2 Years 8 Months 26 Days
Modified Duration	2 Years 2 Months 19 Days

Growth of 10,000 investment over the years.

Date	Value
31 Oct 20	₹10,000
31 Oct 21	₹10,397
31 Oct 22	₹10,715
31 Oct 23	₹11,411
31 Oct 24	₹12,353
31 Oct 25	₹13,413

Axis Short Term Fund SIP Returns

Total investment amount is ₹180,000
expected amount after 3 Years is ₹200,132.
Net Profit of ₹20,132 Invest Now

Returns for Axis Short Term Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 21 Nov 25

Duration	Returns
1 Month	0.5%
3 Month	1.7%
6 Month	2.9%
1 Year	8.6%
3 Year	7.7%
5 Year	6%
10 Year
15 Year
Since launch	7.6%

Historical performance (Yearly) on absolute basis

Year	Returns
2024	8%
2023	6.8%
2022	3.7%
2021	3.5%
2020	10.1%
2019	9.8%
2018	6.3%
2017	5.9%
2016	9.6%
2015	8.1%

Fund Manager information for Axis Short Term Fund

Name	Since	Tenure
Devang Shah	5 Nov 12	12.91 Yr.
Aditya Pagaria	3 Jul 23	2.25 Yr.

Data below for Axis Short Term Fund as on 31 Oct 25

Asset Allocation

Asset Class	Value
Cash	7.71%
Debt	92.04%
Other	0.25%

Debt Sector Allocation

Sector	Value
Corporate	63.65%
Government	25.48%
Cash Equivalent	8.12%
Securitized	2.49%

Credit Quality

Rating	Value
AA	14.01%
AAA	85.99%

Top Securities Holdings / Portfolio

Name	Holding	Value	Quantity
7.18% Govt Stock 2033 Sovereign Bonds \| -	4%	₹531 Cr	51,000,000 ↑ 45,000,000
National Bank For Agriculture And Rural Development Debentures \| -	2%	₹306 Cr	30,000 ↑ 5,000
6.79% Govt Stock 2034 Sovereign Bonds \| -	2%	₹296 Cr	29,126,700 ↓ -9,500,000
Power Finance Corporation Limited Debentures \| -	2%	₹250 Cr	25,000
6.48% Government of India (06/10/2035) Sovereign Bonds \| -	2%	₹249 Cr	24,833,900 ↑ 24,833,900
7.54% Bihar State Development Loans (03/09/2033) Sovereign Bonds \| -	2%	₹214 Cr	21,000,000 ↓ -14,000,000
6.68% Govt Stock 2040 Sovereign Bonds \| -	2%	₹202 Cr	20,418,400 ↑ 20,000,000
Indigrid Infrastructure Trust Debentures \| -	2%	₹193 Cr	19,000
National Bank For Agriculture And Rural Development Debentures \| -	1%	₹183 Cr	18,000
Tata Capital Limited Debentures \| -	1%	₹177 Cr	1,750

4. Nippon India Short Term Fund

The primary investment objective of the scheme is to generate stable returns for investors with a short term investment horizon by investing in fixed income securitites of a short term maturity.

Research Highlights for Nippon India Short Term Fund

Bottom quartile AUM (₹9,297 Cr).
Established history (22+ yrs).
Rating: 4★ (top quartile).
Risk profile: Moderately Low.
1Y return: 8.46% (top quartile).
1M return: 0.47% (upper mid).
Sharpe: 1.45 (upper mid).
Information ratio: 0.00 (upper mid).
Yield to maturity (debt): 7.04% (upper mid).
Modified duration: 2.67 yrs (lower mid).
Average maturity: 3.33 yrs (upper mid).
Exit load: NIL.

Below is the key information for Nippon India Short Term Fund

Nippon India Short Term Fund Growth
Launch Date	18 Dec 02
NAV (21 Nov 25)	₹54.2679 ↓ -0.01 (-0.02 %)
Net Assets (Cr)	₹9,297 on 31 Oct 25
Category	Debt - Short term Bond
AMC	Nippon Life Asset Management Ltd.
Rating	☆☆☆☆
Risk	Moderately Low
Expense Ratio	0.94
Sharpe Ratio	1.45
Information Ratio	0
Alpha Ratio	0
Min Investment	5,000
Min SIP Investment	100
Exit Load	NIL
Yield to Maturity	7.04%
Effective Maturity	3 Years 3 Months 29 Days
Modified Duration	2 Years 8 Months 1 Day

Growth of 10,000 investment over the years.

Date	Value
31 Oct 20	₹10,000
31 Oct 21	₹10,497
31 Oct 22	₹10,769
31 Oct 23	₹11,480
31 Oct 24	₹12,429
31 Oct 25	₹13,479

Nippon India Short Term Fund SIP Returns

Total investment amount is ₹180,000
expected amount after 3 Years is ₹200,132.
Net Profit of ₹20,132 Invest Now

Returns for Nippon India Short Term Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 21 Nov 25

Duration	Returns
1 Month	0.5%
3 Month	1.8%
6 Month	2.7%
1 Year	8.5%
3 Year	7.7%
5 Year	6.1%
10 Year
15 Year
Since launch	7.7%

Historical performance (Yearly) on absolute basis

Year	Returns
2024	8%
2023	6.8%
2022	3.2%
2021	4.4%
2020	9.5%
2019	9.4%
2018	5.5%
2017	5.7%
2016	9.8%
2015	8.1%

Fund Manager information for Nippon India Short Term Fund

Name	Since	Tenure
Vivek Sharma	1 Feb 20	5.67 Yr.
Kinjal Desai	25 May 18	7.36 Yr.
Sushil Budhia	31 Mar 21	4.51 Yr.

Data below for Nippon India Short Term Fund as on 31 Oct 25

Asset Allocation

Asset Class	Value
Cash	5.41%
Debt	94.33%
Other	0.25%

Debt Sector Allocation

Sector	Value
Corporate	51.1%
Government	41.17%
Securitized	4.66%
Cash Equivalent	2.82%

Credit Quality

Rating	Value
AA	13.9%
AAA	86.1%

Top Securities Holdings / Portfolio

Name	Holding	Value	Quantity
7.32% Govt Stock 2030 Sovereign Bonds \| -	5%	₹503 Cr	48,000,000
7.02% Govt Stock 2031 Sovereign Bonds \| -	4%	₹393 Cr	38,000,000
7.17% Govt Stock 2030 Sovereign Bonds \| -	3%	₹302 Cr	29,000,000
07.17 KA Sdl 2030 Sovereign Bonds \| -	3%	₹254 Cr	25,000,000
07.93 Up SDL 2030 Sovereign Bonds \| -	3%	₹235 Cr	22,500,000
SHIVSHAKTI SECURITISATION TRUST Unlisted bonds \| -	2%	₹227 Cr	225
7.17 Madhya Pradesh SDL 2031 Sovereign Bonds \| -	2%	₹208 Cr	20,500,000
Aditya Birla Housing Finance Limited Debentures \| -	2%	₹204 Cr	20,000
SIDDHIVINAYAK SECURITISATION TRUST Unlisted bonds \| -	2%	₹202 Cr	200
Small Industries Development Bank Of India Debentures \| -	2%	₹170 Cr	16,500

5. Aditya Birla Sun Life Short Term Opportunities Fund

An Open ended Income scheme with the objective to generate regular income by investing primarily in investment grade fixed income securities / money market instruments with short to medium term maturities and across the credit spectrum within the universe of investment grade rating.

Research Highlights for Aditya Birla Sun Life Short Term Opportunities Fund

Lower mid AUM (₹10,963 Cr).
Established history (22+ yrs).
Rating: 4★ (upper mid).
Risk profile: Moderate.
1Y return: 8.29% (upper mid).
1M return: 0.56% (top quartile).
Sharpe: 1.32 (lower mid).
Information ratio: 0.00 (lower mid).
Yield to maturity (debt): 7.21% (top quartile).
Modified duration: 2.82 yrs (bottom quartile).
Average maturity: 3.67 yrs (bottom quartile).
Exit load: 0-90 Days (0.5%),90 Days and above(NIL).

Below is the key information for Aditya Birla Sun Life Short Term Opportunities Fund

Aditya Birla Sun Life Short Term Opportunities Fund Growth
Launch Date	9 May 03
NAV (21 Nov 25)	₹48.8954 ↓ -0.01 (-0.02 %)
Net Assets (Cr)	₹10,963 on 31 Oct 25
Category	Debt - Short term Bond
AMC	Birla Sun Life Asset Management Co Ltd
Rating	☆☆☆☆
Risk	Moderate
Expense Ratio	1
Sharpe Ratio	1.32
Information Ratio	0
Alpha Ratio	0
Min Investment	1,000
Min SIP Investment	1,000
Exit Load	0-90 Days (0.5%),90 Days and above(NIL)
Yield to Maturity	7.21%
Effective Maturity	3 Years 8 Months 1 Day
Modified Duration	2 Years 9 Months 25 Days

Growth of 10,000 investment over the years.

Date	Value
31 Oct 20	₹10,000
31 Oct 21	₹10,449
31 Oct 22	₹10,826
31 Oct 23	₹11,530
31 Oct 24	₹12,483
31 Oct 25	₹13,499

Aditya Birla Sun Life Short Term Opportunities Fund SIP Returns

Total investment amount is ₹180,000
expected amount after 3 Years is ₹200,132.
Net Profit of ₹20,132 Invest Now

Returns for Aditya Birla Sun Life Short Term Opportunities Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 21 Nov 25

Duration	Returns
1 Month	0.6%
3 Month	1.8%
6 Month	2.8%
1 Year	8.3%
3 Year	7.6%
5 Year	6.2%
10 Year
15 Year
Since launch	7.3%

Historical performance (Yearly) on absolute basis

Year	Returns
2024	7.9%
2023	6.9%
2022	4.2%
2021	3.8%
2020	11.1%
2019	8.5%
2018	6.5%
2017	5.6%
2016	11.3%
2015	8.4%

Fund Manager information for Aditya Birla Sun Life Short Term Opportunities Fund

Name	Since	Tenure
Kaustubh Gupta	11 Sep 14	11.06 Yr.
Mohit Sharma	6 Aug 20	5.16 Yr.

Data below for Aditya Birla Sun Life Short Term Opportunities Fund as on 31 Oct 25

Asset Allocation

Asset Class	Value
Cash	3.67%
Debt	96.07%
Other	0.26%

Debt Sector Allocation

Sector	Value

Credit Quality

Rating	Value
AA	16.71%
AAA	83.29%

Top Securities Holdings / Portfolio

Name	Holding	Value	Quantity
Rec Limited Debentures \| -	4%	₹458 Cr	45,000
Indian Railway Finance Corporation Limited Debentures \| -	4%	₹423 Cr	42,500
National Bank For Agriculture And Rural Development Debentures \| -	4%	₹408 Cr	40,000
Tata Capital Housing Finance Limited Debentures \| -	3%	₹351 Cr	35,000
7.18% Govt Stock 2033 Sovereign Bonds \| -	3%	₹307 Cr	29,500,000
7.35% Bharti Telecom Limited (15/10/2027) ** Debentures \| -	3%	₹305 Cr	30,500 ↑ 30,500
Jtpm Metal TRaders Limited Debentures \| -	3%	₹292 Cr	28,773
6.79% Govt Stock 2034 Sovereign Bonds \| -	3%	₹290 Cr	28,500,000
SIDDHIVINAYAK SECURITISATION TRUST Unlisted bonds \| -	3%	₹282 Cr	280
7.1% Govt Stock 2034 Sovereign Bonds \| -	3%	₹279 Cr	26,906,400

6. SBI Short Term Debt Fund

To provide investors with an opportunity to generate regular income through investments in a portfolio comprising of debt instruments which are rated not below investment grade by a credit rating agency, and money market instruments.

Research Highlights for SBI Short Term Debt Fund

Upper mid AUM (₹17,442 Cr).
Established history (18+ yrs).
Rating: 3★ (bottom quartile).
Risk profile: Moderately Low.
1Y return: 8.27% (upper mid).
1M return: 0.46% (lower mid).
Sharpe: 1.42 (lower mid).
Information ratio: 0.00 (lower mid).
Yield to maturity (debt): 6.98% (lower mid).
Modified duration: 2.68 yrs (lower mid).
Average maturity: 3.41 yrs (upper mid).
Exit load: NIL.

Below is the key information for SBI Short Term Debt Fund

SBI Short Term Debt Fund Growth
Launch Date	27 Jul 07
NAV (21 Nov 25)	₹32.997 ↓ 0.00 (-0.01 %)
Net Assets (Cr)	₹17,442 on 31 Oct 25
Category	Debt - Short term Bond
AMC	SBI Funds Management Private Limited
Rating	☆☆☆
Risk	Moderately Low
Expense Ratio	0.84
Sharpe Ratio	1.42
Information Ratio	0
Alpha Ratio	0
Min Investment	5,000
Min SIP Investment	500
Exit Load	NIL
Yield to Maturity	6.98%
Effective Maturity	3 Years 4 Months 28 Days
Modified Duration	2 Years 8 Months 5 Days

Growth of 10,000 investment over the years.

Date	Value
31 Oct 20	₹10,000
31 Oct 21	₹10,346
31 Oct 22	₹10,617
31 Oct 23	₹11,334
31 Oct 24	₹12,231
31 Oct 25	₹13,239

SBI Short Term Debt Fund SIP Returns

Total investment amount is ₹180,000
expected amount after 3 Years is ₹197,169.
Net Profit of ₹17,169 Invest Now

Returns for SBI Short Term Debt Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 21 Nov 25

Duration	Returns
1 Month	0.5%
3 Month	1.7%
6 Month	2.7%
1 Year	8.3%
3 Year	7.5%
5 Year	5.7%
10 Year
15 Year
Since launch

Historical performance (Yearly) on absolute basis

Year	Returns
2024	7.7%
2023	6.7%
2022	3.5%
2021	2.8%
2020	9.9%
2019	9.5%
2018	6%
2017	5.7%
2016	9.9%
2015	8.2%

Fund Manager information for SBI Short Term Debt Fund

Name	Since	Tenure
Mansi Sajeja	1 Dec 23	1.84 Yr.

Data below for SBI Short Term Debt Fund as on 31 Oct 25

Asset Allocation

Asset Class	Value
Cash	11.18%
Debt	88.56%
Other	0.26%

Debt Sector Allocation

Sector	Value
Corporate	63.61%
Government	23.04%
Cash Equivalent	6.89%
Securitized	6.21%

Credit Quality

Rating	Value
AA	14.58%
AAA	85.42%

Top Securities Holdings / Portfolio

Name	Holding	Value	Quantity
6.68% Govt Stock 2040 Sovereign Bonds \| -	4%	₹744 Cr	75,000,000 ↑ 65,000,000
6.33% Govt Stock 2035 Sovereign Bonds \| -	3%	₹594 Cr	60,000,000 ↓ -20,000,000
7.17% Govt Stock 2030 Sovereign Bonds \| -	3%	₹583 Cr	56,000,000 ↓ -5,000,000
Rec Limited Debentures \| -	3%	₹509 Cr	50,000
National Bank For Agriculture And Rural Development Debentures \| -	3%	₹484 Cr	47,500 ↑ 25,000
SHIVSHAKTI SECURITISATION TRUST Unlisted bonds \| -	3%	₹479 Cr	475 ↑ 100
08.32 RJ Sdl 2029 Sovereign Bonds \| -	3%	₹472 Cr	45,000,000
SIDDHIVINAYAK SECURITISATION TRUST Unlisted bonds \| -	2%	₹378 Cr	375
National Bank For Agriculture And Rural Development Debentures \| -	2%	₹356 Cr	35,000
Small Industries Development Bank Of India Debentures \| -	2%	₹356 Cr	35,000

7. UTI Short Term Income Fund

To generate steady and reasonable income with low risk and high level of liquidity from a portfolio of money market securities and high quality debt.

Research Highlights for UTI Short Term Income Fund

Bottom quartile AUM (₹3,381 Cr).
Established history (18+ yrs).
Rating: 4★ (upper mid).
Risk profile: Moderate.
1Y return: 7.78% (bottom quartile).
1M return: 0.39% (bottom quartile).
Sharpe: 1.18 (bottom quartile).
Information ratio: 0.00 (bottom quartile).
Yield to maturity (debt): 6.77% (bottom quartile).
Modified duration: 2.49 yrs (upper mid).
Average maturity: 3.15 yrs (top quartile).
Exit load: NIL.

Below is the key information for UTI Short Term Income Fund

UTI Short Term Income Fund Growth
Launch Date	19 Sep 07
NAV (21 Nov 25)	₹32.5113 ↓ 0.00 (-0.01 %)
Net Assets (Cr)	₹3,381 on 31 Oct 25
Category	Debt - Short term Bond
AMC	UTI Asset Management Company Ltd
Rating	☆☆☆☆
Risk	Moderate
Expense Ratio	0.85
Sharpe Ratio	1.18
Information Ratio	0
Alpha Ratio	0
Min Investment	10,000
Min SIP Investment	500
Exit Load	NIL
Yield to Maturity	6.77%
Effective Maturity	3 Years 1 Month 24 Days
Modified Duration	2 Years 5 Months 26 Days

Growth of 10,000 investment over the years.

Date	Value
31 Oct 20	₹10,000
31 Oct 21	₹10,908
31 Oct 22	₹11,240
31 Oct 23	₹11,989
31 Oct 24	₹12,975
31 Oct 25	₹13,986

UTI Short Term Income Fund SIP Returns

Total investment amount is ₹180,000
expected amount after 3 Years is ₹200,132.
Net Profit of ₹20,132 Invest Now

Returns for UTI Short Term Income Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 21 Nov 25

Duration	Returns
1 Month	0.4%
3 Month	1.5%
6 Month	2.5%
1 Year	7.8%
3 Year	7.5%
5 Year	6.9%
10 Year
15 Year
Since launch	6.7%

Historical performance (Yearly) on absolute basis

Year	Returns
2024	7.9%
2023	6.9%
2022	3.8%
2021	8.4%
2020	10.5%
2019	-3.9%
2018	6%
2017	6.1%
2016	10.1%
2015	8.3%

Fund Manager information for UTI Short Term Income Fund

Name	Since	Tenure
Anurag Mittal	8 Apr 25	0.48 Yr.
Sudhir Agarwal	25 Oct 12	12.94 Yr.

Data below for UTI Short Term Income Fund as on 31 Oct 25

Asset Allocation

Asset Class	Value
Cash	15.4%
Debt	84.34%
Other	0.26%

Debt Sector Allocation

Sector	Value
Corporate	64%
Government	28.9%
Cash Equivalent	6.84%

Credit Quality

Rating	Value
AA	8.49%
AAA	91.51%

Top Securities Holdings / Portfolio

Name	Holding	Value	Quantity
6.79% Govt Stock 2034 Sovereign Bonds \| -	9%	₹310 Cr	3,050,000,000
LIC Housing Finance Ltd Debentures \| -	5%	₹179 Cr	1,750
National Housing Bank Debentures \| -	5%	₹178 Cr	17,500
Small Industries Development Bank Of India Debentures \| -	5%	₹178 Cr	17,500
Power Finance Corporation Limited Debentures \| -	5%	₹177 Cr	17,500
National Bank For Agriculture And Rural Development Debentures \| -	4%	₹143 Cr	14,000
Export Import Bank Of India Debentures \| -	4%	₹127 Cr	12,500
Bajaj Finance Limited Debentures \| -	2%	₹76 Cr	7,500
Kotak Mahindra Prime Limited Debentures \| -	2%	₹76 Cr	750
Export Import Bank Of India Debentures \| -	2%	₹76 Cr	7,500

8. Bandhan Bond Fund Short Term Plan

(Erstwhile IDFC Super Saver Income Fund - Short Term Plan)

The primary investment objective of the scheme is to seek to generate stable returns with a low-risk strategy by creating a portfolio that is invested in good quality fixed income & Money Market securities. However, there can be no assurance that the investment objectives of the scheme will be realized.

Research Highlights for Bandhan Bond Fund Short Term Plan

Lower mid AUM (₹10,766 Cr).
Established history (24+ yrs).
Rating: 2★ (bottom quartile).
Risk profile: Moderately Low.
1Y return: 7.99% (bottom quartile).
1M return: 0.34% (bottom quartile).
Sharpe: 1.01 (bottom quartile).
Information ratio: 0.00 (bottom quartile).
Yield to maturity (debt): 6.54% (bottom quartile).
Modified duration: 2.86 yrs (bottom quartile).
Average maturity: 3.45 yrs (lower mid).
Exit load: NIL.

Below is the key information for Bandhan Bond Fund Short Term Plan

Bandhan Bond Fund Short Term Plan Growth
Launch Date	14 Dec 00
NAV (21 Nov 25)	₹58.4985 ↑ 0.00 (0.00 %)
Net Assets (Cr)	₹10,766 on 31 Oct 25
Category	Debt - Short term Bond
AMC	IDFC Asset Management Company Limited
Rating	☆☆
Risk	Moderately Low
Expense Ratio	0.8
Sharpe Ratio	1.01
Information Ratio	0
Alpha Ratio	0
Min Investment	5,000
Min SIP Investment	1,000
Exit Load	NIL
Yield to Maturity	6.54%
Effective Maturity	3 Years 5 Months 12 Days
Modified Duration	2 Years 10 Months 10 Days

Growth of 10,000 investment over the years.

Date	Value
31 Oct 20	₹10,000
31 Oct 21	₹10,375
31 Oct 22	₹10,583
31 Oct 23	₹11,284
31 Oct 24	₹12,237
31 Oct 25	₹13,204

Bandhan Bond Fund Short Term Plan SIP Returns

Total investment amount is ₹180,000
expected amount after 3 Years is ₹197,169.
Net Profit of ₹17,169 Invest Now

Returns for Bandhan Bond Fund Short Term Plan

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 21 Nov 25

Duration	Returns
1 Month	0.3%
3 Month	1.6%
6 Month	2.3%
1 Year	8%
3 Year	7.5%
5 Year	5.7%
10 Year
15 Year
Since launch	7.3%

Historical performance (Yearly) on absolute basis

Year	Returns
2024	7.8%
2023	6.9%
2022	2.8%
2021	3.4%
2020	9.7%
2019	9.7%
2018	6.5%
2017	5.9%
2016	8.8%
2015	8.1%

Fund Manager information for Bandhan Bond Fund Short Term Plan

Name	Since	Tenure
Suyash Choudhary	11 Mar 11	14.57 Yr.
Brijesh Shah	10 Jun 24	1.31 Yr.

Data below for Bandhan Bond Fund Short Term Plan as on 31 Oct 25

Asset Allocation

Asset Class	Value
Cash	13.62%
Debt	86.1%
Other	0.28%

Debt Sector Allocation

Sector	Value
Government	59%
Corporate	34.81%
Cash Equivalent	5.91%

Credit Quality

Rating	Value
AAA	100%

Top Securities Holdings / Portfolio

Name	Holding	Value	Quantity
7.02% Govt Stock 2031 Sovereign Bonds \| -	40%	₹4,272 Cr	413,000,000 ↓ -500,000
Bajaj Housing Finance Limited Debentures \| -	5%	₹482 Cr	47,500,000
National Bank For Agriculture And Rural Development Debentures \| -	4%	₹458 Cr	45,000,000
Tata Capital Limited Debentures \| -	4%	₹444 Cr	44,100,000
National Bank For Agriculture And Rural Development Debentures \| -	3%	₹306 Cr	30,000,000
6.1% Govt Stock 2031 Sovereign Bonds \| -	3%	₹302 Cr	30,500,000
Bajaj Finance Limited Debentures \| -	3%	₹302 Cr	30,000,000 ↑ 2,500,000
LIC Housing Finance Ltd Debentures \| -	3%	₹276 Cr	27,000,000
5.77% Govt Stock 2030 Sovereign Bonds \| -	3%	₹270 Cr	27,500,000 ↑ 27,500,000
Tata Capital Housing Finance Limited Debentures \| -	2%	₹254 Cr	25,000,000

Disclaimer:
All efforts have been made to ensure the information provided here is accurate. However, no guarantees are made regarding correctness of data. Please verify with scheme information document before making any investment.