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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% + 45.31% + 8.36% + 2.34% + 6.84% + 10.89% + 8.97% + 1.39% + 7.51% + 7.91% + 7.84% + 4.17% + 9.66% + 0.76%
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% + 17.02% N.A. + 8.25% + 2.31% + 6.83% + 10.87% + 8.7% + 1.35% + 7.52% + 7.91% + 7.8% + 4.16% + 9.29% + 0.73%
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% + 17.67% + 7.25% + 45.22% + 7.91% + 2.21% + 6.58% + 10.46% + 8.32% + 1.29% + 7.24% + 7.62% + 7.52% + 4.01% + 9.07% + 0.72%
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% + 7.98% + 2.23% + 6.61% + 10.52% + 8.4% + 1.31% + 7.32% + 7.71% + 7.6% + 4.05% + 9.08% + 0.72%
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)
+ 5.52% + 14.97% + 5.92% + 35.45% + 7.57% + 2.12% + 6.25% + 9.92% + 7.97% + 1.24% + 6.95% + 7.3% + 7.21% + 3.84% + 8.6% + 0.68%
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. + 8.16% + 2.28% + 6.65% + 10.58% + 8.72% + 1.35% + 7.37% + 7.75% + 7.69% + 4.09% + 9.48% + 0.75%
ETM Rank #10 of 18 in Ultra Short Duration
Expense 0.36%
Kotak Savings Fund
AUM
₹12,372 Crs
Current Value
Return (p.a)
+ 6.02% + 16.43% + 6.58% + 40.21% + 8.09% + 2.26% + 6.64% + 10.57% + 8.64% + 1.34% + 7.33% + 7.72% + 7.61% + 4.05% + 9.27% + 0.73%
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% + 37.59% + 8.02% + 2.24% + 6.7% + 10.66% + 8.43% + 1.31% + 7.44% + 7.83% + 7.77% + 4.14% + 8.97% + 0.71%
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% + 16.0% + 6.39% + 38.88% + 7.98% + 2.23% + 6.52% + 10.37% + 8.41% + 1.31% + 7.25% + 7.63% + 7.57% + 4.03% + 9.01% + 0.71%
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% + 17.21% + 6.88% + 42.46% + 8.49% + 2.37% + 6.79% + 10.82% + 9.18% + 1.42% + 7.52% + 7.91% + 7.91% + 4.21% + 10.11% + 0.79%
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)
+ 6.97% + 19.23% + 6.59% + 40.32% + 8.34% + 2.33% + 7.2% + 11.5% + 8.83% + 1.37% + 7.62% + 8.02% + 7.9% + 4.21% + 9.51% + 0.75%
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. + 7.99% + 2.23% + 6.51% + 10.35% + 8.45% + 1.31% + 7.25% + 7.63% + 7.54% + 4.02% + 9.03% + 0.71%
ETM Rank #18 of 18 in Ultra Short Duration
Expense 0.27%
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