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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 sorted by ET Money Ranking

ICICI Prudential Ultra Short Term Fund
AUM
₹12,586 Crs
Current Value
Return (p.a)
+ 6.42% + 17.59% + 7.23% + 45.11% + 8.1% + 2.26% + 6.87% + 10.93% + 8.16% + 1.27% + 7.51% + 7.89% + 7.75% + 4.12% + 6.77% + 0.52%
ETM Rank #1 of 18 in Ultra Short Duration
Expense 0.39%
Axis Ultra Short Term Fund
AUM
₹4,651 Crs
Current Value
Return (p.a)
+ 6.24% + 17.05% N.A. + 8.04% + 2.24% + 6.87% + 10.93% + 8.06% + 1.26% + 7.53% + 7.92% + 7.75% + 4.11% + 6.83% + 0.53%
ETM Rank #2 of 18 in Ultra Short Duration
Expense 0.29%
PGIM India Ultra Short Duration Fund
AUM
₹241 Crs
Current Value
Return (p.a)
+ 6.44% + 17.65% + 7.24% + 45.12% + 7.76% + 2.17% + 6.63% + 10.54% + 7.84% + 1.22% + 7.27% + 7.65% + 7.5% + 3.98% + 6.71% + 0.52%
ETM Rank #3 of 18 in Ultra Short Duration
Expense 0.26%
Invesco India Ultra Short Duration Fund
AUM
₹663 Crs
Current Value
Return (p.a)
+ 5.96% + 16.23% + 6.56% + 40.11% + 7.82% + 2.18% + 6.66% + 10.6% + 7.9% + 1.23% + 7.35% + 7.72% + 7.56% + 4.01% + 6.95% + 0.54%
ETM Rank #5 of 18 in Ultra Short Duration
Expense 0.24%
Canara Robeco Ultra Short Term Fund
AUM
₹526 Crs
Current Value
Return (p.a)
+ 5.55% + 15.04% + 5.91% + 35.44% + 7.42% + 2.07% + 6.3% + 10.0% + 7.51% + 1.17% + 6.97% + 7.32% + 7.18% + 3.81% + 6.59% + 0.51%
ETM Rank #9 of 18 in Ultra Short Duration
Expense 0.39%
HDFC Ultra Short Term Fund
AUM
₹13,816 Crs
Current Value
Return (p.a)
+ 6.1% + 16.64% N.A. + 7.96% + 2.22% + 6.69% + 10.65% + 8.07% + 1.26% + 7.38% + 7.76% + 7.63% + 4.05% + 6.84% + 0.53%
ETM Rank #10 of 18 in Ultra Short Duration
Expense 0.36%
DSP Ultra Short Fund
AUM
₹2,467 Crs
Current Value
Return (p.a)
+ 5.97% + 16.26% + 6.21% + 37.56% + 7.82% + 2.18% + 6.74% + 10.73% + 7.85% + 1.22% + 7.46% + 7.84% + 7.72% + 4.1% + 6.7% + 0.52%
ETM Rank #11 of 18 in Ultra Short Duration
Expense 0.31%
SBI Magnum Ultra Short Duration Fund
AUM
₹11,398 Crs
Current Value
Return (p.a)
+ 5.89% + 16.04% + 6.39% + 38.85% + 7.8% + 2.18% + 6.57% + 10.45% + 7.86% + 1.23% + 7.28% + 7.65% + 7.53% + 4.0% + 6.69% + 0.51%
ETM Rank #12 of 18 in Ultra Short Duration
Expense 0.31%
Aditya Birla Sun Life Savings Fund
AUM
₹12,060 Crs
Current Value
Return (p.a)
+ 6.29% + 17.2% + 6.87% + 42.35% + 8.18% + 2.28% + 6.82% + 10.86% + 8.31% + 1.29% + 7.52% + 7.9% + 7.81% + 4.14% + 6.81% + 0.53%
ETM Rank #14 of 18 in Ultra Short Duration
Expense 0.34%
Nippon India Ultra Short Duration Fund
AUM
₹5,654 Crs
Current Value
Return (p.a)
+ 6.99% + 19.28% + 6.59% + 40.29% + 8.14% + 2.27% + 7.16% + 11.43% + 8.22% + 1.28% + 7.62% + 8.02% + 7.84% + 4.16% + 7.03% + 0.54%
ETM Rank #15 of 18 in Ultra Short Duration
Expense 0.38%
Kotak Savings Fund
AUM
₹13,375 Crs
Current Value
Return (p.a)
+ 6.03% + 16.45% + 6.57% + 40.14% + 7.87% + 2.2% + 6.68% + 10.63% + 7.95% + 1.24% + 7.34% + 7.72% + 7.55% + 4.01% + 6.63% + 0.51%
ETM Rank #16 of 18 in Ultra Short Duration
Expense 0.37%
Bandhan Ultra Short Term Fund
AUM
₹3,962 Crs
Current Value
Return (p.a)
+ 5.84% + 15.88% N.A. + 7.8% + 2.18% + 6.56% + 10.43% + 7.86% + 1.23% + 7.27% + 7.64% + 7.5% + 3.98% + 6.63% + 0.51%
ETM Rank #18 of 18 in Ultra Short Duration
Expense 0.27%
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