Top 10 Short Term Funds to Invest in
| Name | AUM (₹ Cr) | 3Y CAGR (%) | Expense Ratio (%) | Absolute Returns - 1Y (%) |
| SBI Equity Hybrid Fund | 81,241.59 | 16.27 | 0.71 | 15.35 |
| ICICI Pru Equity & Debt Fund | 49,256.66 | 20.42 | 0.92 | 16.52 |
| HDFC Hybrid Equity Fund | 23,821.28 | 12.68 | 1.02 | 9.80 |
| DSP Aggressive Hybrid Fund | 12,161.66 | 16.90 | 0.65 | 10.05 |
| Canara Rob Equity Hybrid Fund | 11,163.81 | 15.51 | 0.59 | 13.95 |
| Mirae Asset Aggressive Hybrid Fund | 9,404.54 | 16.39 | 0.39 | 16.81 |
| Kotak Aggressive Hybrid Fund | 8,431.47 | 17.25 | 0.47 | 14.80 |
| Sundaram Aggressive Hybrid Fund | 7,933.61 | 14.72 | 0.73 | 11.65 |
| Aditya Birla SL Equity Hybrid '95 Fund | 7,334.37 | 15.70 | 1.09 | 12.95 |
| UTI Aggressive Hybrid Fund | 6,654.14 | 17.48 | 1.19 | 11.87 |
Note: The above data is as of February 2026
SBI Equity Hybrid Fund
SBI Equity Hybrid Fund, managed by R. Srinivasan, Mansi Sajeja, Pradeep Kesavan, and Rajeev Radhakrishnan, was launched on January 19, 2005, and follows the S&P BSE 500 benchmark. Its primary goal is to deliver long-term capital growth to investors while maintaining the flexibility and liquidity of an open-ended scheme. The fund achieves this by investing in a diversified portfolio of both equity and debt instruments. It has an expense ratio of 0.71%, indicating moderate fund management costs for investors.
ICICI Pru Equity & Debt Fund
ICICI Pru Equity & Debt Fund, managed by Sankaran Naren, Sharmila D'Silva, Sri Sharma, Mittul Kalawadia, Akhil Kakkar, Manish Banthia, and Nitya Mishra, was launched on November 3, 1999. It aims to provide long-term capital growth along with current income by investing in a diversified portfolio of equity, equity-related, and fixed-income securities. It carries an expense ratio of 0.92%, slightly higher, reflecting its management and operational charges.
HDFC Hybrid Equity Fund
HDFC Hybrid Equity Fund is managed by Anupam Joshi, Dhruv Muchhal, and Srinivasan Ramamurthy, was launched on September 11, 2000. Its objective is to generate capital appreciation and income by primarily investing in equity and equity-related instruments, while also allocating to debt and money market securities. It has a 1.02% expense ratio, one of the higher costs among these funds.
DSP Aggressive Hybrid Fund
DSP Aggressive Hybrid Fund, managed by Abhishek Singh and Shantanu Godambe, was launched on May 27, 1999. Its main objective is to generate long-term capital appreciation along with current income by investing in a mix of equity and equity-related securities, as well as fixed income instruments such as debt and money market securities. It offers a lower expense ratio of 0.65%, making it cost-efficient for investors.
Canara Rob Equity Hybrid Fund
Canara Rob Equity Hybrid Fund is managed by Shridatta Bhandwaldar, Avnish Jain, Ennette Fernandes, and Suman Prasad, this fund was launched on February 1, 1993. Its primary objective is to achieve long-term capital appreciation and/or generate income by investing in a diversified portfolio of equity and equity-related securities, along with fixed income instruments such as debt and money market securities. It has a 0.59% expense ratio, the lowest among the top 10, indicating minimal management costs.
Mirae Asset Aggressive Hybrid Fund
Mirae Asset Aggressive Hybrid Fund is managed by Harshad Borawake, Basant Bafna, and Vrijesh Kasera, this scheme was launched on July 29, 2015, and is benchmarked against the S&P BSE 500. It aims to deliver capital appreciation along with current income by investing primarily in equity and equity-related instruments, while allocating the remaining portion to debt and money market securities. It is very cost-efficient with an expense ratio of 0.39%, the lowest overall.
Kotak Aggressive Hybrid Fund
Kotak Aggressive Hybrid Fund is managed by Abhishek Bisen and Atul Bhole and was launched on November 3, 2014, with the S&P BSE 500 as its benchmark. It seeks to achieve capital growth through investments in equity and equity-related instruments while also generating income by allocating a portion of the portfolio to debt and money market securities. However, there is no guarantee that the scheme’s investment objective will be achieved. It has a 0.47% expense ratio, keeping it among the more affordable options.
Sundaram Aggressive Hybrid Fund
Sundaram Aggressive Hybrid Fund is managed by Abhishek Bisen and Atul Bhole and was launched on November 3, 2014, with the S&P BSE 500 as its benchmark. It seeks to achieve capital growth through investments in equity and equity-related instruments while also generating income by allocating a portion of the portfolio to debt and money market securities. However, there is no guarantee that the scheme’s investment objective will be achieved. It carries an expense ratio of 0.73%, slightly higher than mid-range funds.
Aditya Birla SL Equity Hybrid '95 Fund
Aditya Birla SL Equity Hybrid '95 Fund is managed by Harshil Suvarnkar and Chanchal Khandelwal and was launched on February 10, 1995, with the S&P BSE 500 serving as its benchmark. Its primary aim is to deliver long-term capital appreciation along with regular income by investing across equity, debt, and money market instruments. Additionally, the scheme seeks to generate income and distribute it to investors through IDCW, though returns are not guaranteed. It has an expense ratio of 1.09%, one of the highest, reflecting higher management charges.
UTI Aggressive Hybrid Fund
UTI Aggressive Hybrid Fund is managed by V. Srivatsa, Sunil Patil, and Jaydeep Bhowal and was launched on January 2, 1995, with the S&P BSE 500 as its benchmark. Its main goal is to achieve long-term capital growth by primarily investing in equity and equity-related securities across companies of different market capitalisations. In addition, the fund allocates a portion of its portfolio to debt and money market instruments to generate steady income. It features the highest expense ratio among the list at 1.19%, indicating higher operational costs.
