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Earn More than Savings Account

This list of Funds contains Ultra Short Term & Low Duration category of Debt Mutual Funds that invest in FD-like instruments. These Funds have extremely low risk & generate better returns than the interest given by savings bank accounts. With no lock-in & transfer of withdrawal amount into your bank account within 1 business day - these funds are great alternative for the idle cash lying in your Savings Bank Account.

  • Ideal to park money for a couple of weeks to a few months
  • Can also be considered as a replacement of recurring bank deposits as well as FDs of tenures that are 6 months or less
  • Extremely low chances of any loss if someone invests for 1-3 months
Show returns & current values for:
ShowReturns foroffor
Investment: 6 Lakh

List of Earn More than Savings Account in India Ranked by Last 5 Year Returns

ICICI Prudential Ultra Short Term Fund
AUM
₹12,180 Crs
Current Value
Return (p.a)
+ 6.43% + 17.61% + 7.26% + 45.32% + 8.4% + 2.34% + 6.84% + 10.9% + 9.03% + 1.41% + 7.52% + 7.91% + 7.85% + 4.18% + 9.86% + 0.75%
ETM Rank #1 of 18 in Ultra Short Duration
Expense 0.39%
Axis Ultra Short Term Fund
AUM
₹4,453 Crs
Current Value
Return (p.a)
+ 6.23% + 17.03% N.A. + 8.29% + 2.31% + 6.83% + 10.88% + 8.76% + 1.37% + 7.53% + 7.92% + 7.82% + 4.16% + 9.49% + 0.72%
ETM Rank #2 of 18 in Ultra Short Duration
Expense 0.29%
PGIM India Ultra Short Duration Fund
AUM
₹249 Crs
Current Value
Return (p.a)
+ 6.45% + 17.68% + 7.25% + 45.23% + 7.95% + 2.22% + 6.58% + 10.47% + 8.39% + 1.31% + 7.25% + 7.63% + 7.54% + 4.02% + 9.28% + 0.71%
ETM Rank #3 of 18 in Ultra Short Duration
Expense 0.26%
Invesco India Ultra Short Duration Fund
AUM
₹614 Crs
Current Value
Return (p.a)
+ 5.94% + 16.18% + 6.57% + 40.18% + 8.0% + 2.24% + 6.61% + 10.52% + 8.45% + 1.32% + 7.33% + 7.71% + 7.61% + 4.05% + 9.24% + 0.7%
ETM Rank #5 of 18 in Ultra Short Duration
Expense 0.24%
Canara Robeco Ultra Short Term Fund
AUM
₹560 Crs
Current Value
Return (p.a)
+ 5.53% + 14.98% + 5.92% + 35.46% + 7.62% + 2.13% + 6.25% + 9.93% + 8.07% + 1.26% + 6.95% + 7.31% + 7.23% + 3.85% + 8.82% + 0.67%
ETM Rank #9 of 18 in Ultra Short Duration
Expense 0.39%
HDFC Ultra Short Term Fund
AUM
₹12,537 Crs
Current Value
Return (p.a)
+ 6.09% + 16.62% N.A. + 8.2% + 2.29% + 6.65% + 10.59% + 8.78% + 1.37% + 7.38% + 7.76% + 7.7% + 4.1% + 9.69% + 0.74%
ETM Rank #10 of 18 in Ultra Short Duration
Expense 0.36%
Kotak Savings Fund
AUM
₹12,372 Crs
Current Value
Return (p.a)
+ 6.03% + 16.44% + 6.58% + 40.22% + 8.13% + 2.27% + 6.65% + 10.58% + 8.72% + 1.36% + 7.34% + 7.73% + 7.63% + 4.06% + 9.5% + 0.72%
ETM Rank #11 of 18 in Ultra Short Duration
Expense 0.37%
DSP Ultra Short Fund
AUM
₹2,228 Crs
Current Value
Return (p.a)
+ 5.95% + 16.22% + 6.22% + 37.6% + 8.05% + 2.25% + 6.7% + 10.67% + 8.49% + 1.33% + 7.45% + 7.84% + 7.79% + 4.15% + 9.16% + 0.7%
ETM Rank #12 of 18 in Ultra Short Duration
Expense 0.31%
SBI Magnum Ultra Short Duration Fund
AUM
₹9,213 Crs
Current Value
Return (p.a)
+ 5.88% + 16.01% + 6.4% + 38.89% + 8.03% + 2.24% + 6.52% + 10.38% + 8.5% + 1.33% + 7.26% + 7.64% + 7.59% + 4.04% + 9.22% + 0.7%
ETM Rank #13 of 18 in Ultra Short Duration
Expense 0.31%
Aditya Birla Sun Life Savings Fund
AUM
₹10,748 Crs
Current Value
Return (p.a)
+ 6.29% + 17.2% + 6.88% + 42.46% + 8.49% + 2.37% + 6.79% + 10.82% + 9.19% + 1.43% + 7.52% + 7.91% + 7.91% + 4.21% + 10.21% + 0.78%
ETM Rank #14 of 18 in Ultra Short Duration
Expense 0.34%
Nippon India Ultra Short Duration Fund
AUM
₹4,332 Crs
Current Value
Return (p.a)
+ 6.98% + 19.24% + 6.59% + 40.33% + 8.37% + 2.33% + 7.2% + 11.5% + 8.88% + 1.39% + 7.62% + 8.03% + 7.92% + 4.21% + 9.68% + 0.74%
ETM Rank #15 of 18 in Ultra Short Duration
Expense 0.38%
Bandhan Ultra Short Term Fund
AUM
₹3,633 Crs
Current Value
Return (p.a)
+ 5.82% + 15.83% N.A. + 8.02% + 2.24% + 6.51% + 10.36% + 8.5% + 1.33% + 7.25% + 7.63% + 7.56% + 4.02% + 9.19% + 0.7%
ETM Rank #18 of 18 in Ultra Short Duration
Expense 0.27%
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