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Low Risk High Return Funds
Here you get all mutual fund schemes classified under low-risk category, arranged by their top returns over the past five years. Only the top 50 such funds are listed. This helps you find options that may potentially offer a balance of lower volatility and reliable, long-term gains, enabling you to understand how certain less risky funds managed consistent performance.
Funds with Low Risk and High Returns
Name | NAV | AUM (in Cr.) | 1M Returns | 3M Returns | 1 Yr Returns | 3 Yr Returns | 5 Yr Returns  | Rating | Exp Ratio | Risk | Min Monthly SIP | Min Lumpsum | Category | Sub Category |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
 Invesco India Arbitrage Fund Direct - Growth | ₹ 33.83 | ₹ 19,341.10 | 0.56% | 1.88% | 8.07% | 7.61% | 6.39% | NA | 0.39% | Low | ₹ 500 | ₹ 1,000 | Hybrid | Arbitrage Fund |
 Tata Arbitrage Fund Direct - Growth | ₹ 14.80 | ₹ 12,681.70 | 0.57% | 1.82% | 8.02% | 7.30% | 6.34% | NA | 0.30% | Low | ₹ 150 | ₹ 5,000 | Hybrid | Arbitrage Fund |
 Kotak Equity Arbitrage Fund Direct - Growth | ₹ 39.25 | ₹ 58,923.00 | 0.57% | 1.86% | 8.10% | 7.44% | 6.32% | NA | 0.43% | Low | ₹ 100 | ₹ 100 | Hybrid | Arbitrage Fund |
 Edelweiss Arbitrage Fund Direct - Growth | ₹ 20.39 | ₹ 13,644.20 | 0.58% | 1.89% | 8.06% | 7.38% | 6.30% | NA | 0.40% | Low | ₹ 100 | ₹ 100 | Hybrid | Arbitrage Fund |
 Nippon India Arbitrage Fund Direct - Growth | ₹ 28.13 | ₹ 14,435.60 | 0.54% | 1.81% | 7.88% | 7.23% | 6.23% | NA | 0.38% | Low | ₹ 100 | ₹ 5,000 | Hybrid | Arbitrage Fund |
 Axis Arbitrage Fund Direct - Growth | ₹ 19.90 | ₹ 5,780.54 | 0.57% | 1.82% | 7.91% | 7.16% | 6.18% | NA | 0.33% | Low | ₹ 100 | ₹ 500 | Hybrid | Arbitrage Fund |
 Aditya Birla Sun Life Arbitrage Fund Direct - Growth | ₹ 28.04 | ₹ 14,296.60 | 0.58% | 1.84% | 7.99% | 7.23% | 6.16% | NA | 0.29% | Low | ₹ 100 | ₹ 1,000 | Hybrid | Arbitrage Fund |
 UTI Arbitrage Fund Direct - Growth | ₹ 36.54 | ₹ 6,414.57 | 0.55% | 1.81% | 7.96% | 7.14% | 6.15% | NA | 0.28% | Low | ₹ 500 | ₹ 5,000 | Hybrid | Arbitrage Fund |
 Bandhan Arbitrage Fund Direct - Growth | ₹ 34.42 | ₹ 7,877.31 | 0.57% | 1.87% | 8.07% | 7.26% | 6.12% | NA | 0.36% | Low | ₹ 100 | ₹ 100 | Hybrid | Arbitrage Fund |
 ICICI Prudential Equity Arbitrage Fund Direct - Growth | ₹ 36.06 | ₹ 25,880.00 | 0.56% | 1.82% | 7.95% | 7.20% | 6.12% | NA | 0.39% | Low | ₹ 1,000 | ₹ 5,000 | Hybrid | Arbitrage Fund |
 HSBC Arbitrage Fund Direct - Growth | ₹ 19.93 | ₹ 2,246.92 | 0.53% | 1.79% | 7.74% | 7.06% | 6.06% | NA | 0.24% | Low | ₹ 500 | ₹ 5,000 | Hybrid | Arbitrage Fund |
 Baroda BNP Paribas Arbitrage Fund Direct - Growth | ₹ 16.62 | ₹ 1,144.44 | 0.54% | 1.74% | 7.87% | 7.09% | 6.01% | NA | 0.35% | Low | ₹ 500 | ₹ 5,000 | Hybrid | Arbitrage Fund |
 SBI Arbitrage Opportunities Fund Direct - Growth | ₹ 35.22 | ₹ 32,171.00 | 0.56% | 1.83% | 7.86% | 7.30% | 6.01% | NA | 0.40% | Low | ₹ 500 | ₹ 5,000 | Hybrid | Arbitrage Fund |
 HDFC Arbitrage Fund - Retail Plan - Direct Plan - Growth Option | ₹ 31.35 | ₹ 18,053.80 | 0.56% | 1.78% | 7.96% | 7.17% | 6.00% | NA | 0.41% | Low | ₹ 0 | ₹ 100 | Hybrid | Arbitrage Fund |
| HDFC Arbitrage Fund Wholesale Direct - Growth | ₹ 19.78 | ₹ 18,053.80 | 0.56% | 1.79% | 7.96% | 7.17% | 6.00% | NA | 0.41% | Low | ₹ 100 | ₹ 100 | Hybrid | Arbitrage Fund |
 DSP Arbitrage Fund Direct - Growth | ₹ 15.34 | ₹ 6,185.28 | 0.54% | 1.84% | 7.89% | 7.17% | 6.00% | NA | 0.35% | Low | ₹ 100 | ₹ 100 | Hybrid | Arbitrage Fund |
 LIC MF Ultra Short Duration Fund Direct - Growth | ₹ 1,321.83 | ₹ 378.69 | 0.57% | 1.88% | 7.68% | 6.62% | 5.93% | 3  | 0.25% | Low | ₹ 200 | ₹ 5,000 | Debt | Ultra Short Duration Fund |
 Sundaram Money Market Fund Direct - Growth | ₹ 14.76 | ₹ 675.33 | 0.66% | 1.97% | 7.72% | 6.81% | 5.88% | 3 | 0.17% | Low | ₹ 250 | ₹ 1,000 | Debt | Money Market Fund |
 Union Arbitrage Fund Direct - Growth | ₹ 14.26 | ₹ 231.09 | 0.51% | 1.75% | 7.78% | 6.94% | 5.87% | NA | 0.42% | Low | ₹ 500 | ₹ 1,000 | Hybrid | Arbitrage Fund |
 PGIM India Arbitrage Fund Direct - Growth | ₹ 19.24 | ₹ 89.22 | 0.57% | 1.82% | 7.73% | 6.84% | 5.85% | NA | 0.37% | Low | ₹ 1,000 | ₹ 5,000 | Hybrid | Arbitrage Fund |
| LIC MF Arbitrage Fund Direct - Growth | ₹ 14.17 | ₹ 349.48 | 0.50% | 1.77% | 7.59% | 6.92% | 5.71% | NA | 0.34% | Low | ₹ 200 | ₹ 5,000 | Hybrid | Arbitrage Fund |
 WhiteOak Capital Ultra Short Duration Fund Direct - Growth | ₹ 1,380.53 | ₹ 389.54 | 0.56% | 1.82% | 7.46% | 6.66% | 5.59% | 3 | 0.48% | Low | ₹ 500 | ₹ 500 | Debt | Ultra Short Duration Fund |
 JM Arbitrage Fund (direct) - Bonus Option - Principal Units | ₹ 18.28 | ₹ 212.09 | 0.49% | 1.71% | 7.55% | 6.88% | 5.34% | NA | 0.40% | Low | ₹ 0 | ₹ 1,000 | Hybrid | Arbitrage Fund |
| JM Arbitrage Fund (direct) - Annual Bonus Option - Principal Units | ₹ 17.54 | ₹ 212.09 | 0.49% | 1.72% | 7.55% | 6.88% | 5.34% | NA | 0.40% | Low | ₹ 0 | ₹ 1,000 | Hybrid | Arbitrage Fund |
| JM Arbitrage Fund Direct - Growth | ₹ 34.16 | ₹ 212.09 | 0.49% | 1.72% | 7.55% | 6.88% | 5.34% | NA | 0.40% | Low | ₹ 100 | ₹ 1,000 | Hybrid | Arbitrage Fund |
| JM Arbitrage Fund (direct) Quarterly Bonus Option Principal Units | ₹ 33.87 | ₹ 212.09 | 0.65% | 1.85% | 7.70% | 6.73% | 5.23% | NA | 0.40% | Low | ₹ 0 | ₹ 1,000 | Hybrid | Arbitrage Fund |
| JM Arbitrage Fund (direct) Half Yearly Bonus Option Principal Units | ₹ 33.86 | ₹ 212.09 | 0.65% | 1.85% | 7.70% | 6.73% | 5.23% | NA | 0.40% | Low | ₹ 0 | ₹ 1,000 | Hybrid | Arbitrage Fund |
 Quantum Liquid Fund Direct - Growth | ₹ 34.64 | ₹ 561.83 | 0.50% | 1.68% | 7.03% | 6.48% | 5.20% | 4 | 0.16% | Low | ₹ 500 | ₹ 5,000 | Debt | Liquid Fund |
 ITI Arbitrage Fund Direct - Growth | ₹ 13.26 | ₹ 44.13 | 0.55% | 1.88% | 7.83% | 6.52% | 5.19% | NA | 0.21% | Low | ₹ 500 | ₹ 5,000 | Hybrid | Arbitrage Fund |
| WhiteOak Capital Liquid Fund Direct - Growth | ₹ 1,387.41 | ₹ 376.27 | 0.53% | 1.77% | 7.28% | 6.60% | 5.19% | NA | 0.20% | Low | ₹ 500 | ₹ 500 | Debt | Liquid Fund |
 Bank of India Overnight Fund Direct - Growth | ₹ 1,294.08 | ₹ 59.45 | 0.49% | 1.60% | 6.73% | 6.36% | 5.13% | NA | 0.08% | Low | ₹ 0 | ₹ 5,000 | Debt | Overnight Fund |
| UTI Quarterly Interval Fund - III Direct - Growth | ₹ 31.22 | ₹ 8.40 | 0.48% | 1.60% | 6.84% | 6.48% | 5.10% | NA | 0.00% | Low | ₹ 0 | ₹ 10,000 | Debt | Fixed Maturity Plans |
| Bank of India Arbitrage Fund Direct - Growth | ₹ 14.14 | ₹ 44.60 | 0.51% | 1.69% | 7.53% | 6.29% | 5.07% | NA | 0.53% | Low | ₹ 1,000 | ₹ 5,000 | Hybrid | Arbitrage Fund |
 Mirae Asset Overnight Fund Direct - Growth | ₹ 1,307.90 | ₹ 1,049.26 | 0.48% | 1.58% | 6.66% | 6.30% | 5.06% | NA | 0.07% | Low | ₹ 99 | ₹ 5,000 | Debt | Overnight Fund |
| HSBC Overnight Fund Direct - Growth | ₹ 1,334.68 | ₹ 3,552.89 | 0.48% | 1.58% | 6.65% | 6.29% | 5.04% | NA | 0.06% | Low | ₹ 1,000 | ₹ 5,000 | Debt | Overnight Fund |
| PGIM India Overnight Fund Direct - Growth | ₹ 1,316.15 | ₹ 88.11 | 0.48% | 1.58% | 6.65% | 6.27% | 5.04% | NA | 0.10% | Low | ₹ 1,000 | ₹ 5,000 | Debt | Overnight Fund |
| Axis Overnight Fund Direct - Growth | ₹ 1,349.61 | ₹ 8,830.92 | 0.48% | 1.59% | 6.68% | 6.31% | 5.04% | NA | 0.05% | Low | ₹ NaN | ₹ 500 | Debt | Overnight Fund |
| DSP Overnight Fund Direct - Growth | ₹ 1,366.21 | ₹ 1,927.75 | 0.48% | 1.58% | 6.64% | 6.29% | 5.04% | NA | 0.07% | Low | ₹ 100 | ₹ 100 | Debt | Overnight Fund |
| Nippon India Overnight Fund Direct - Growth | ₹ 136.98 | ₹ 8,002.90 | 0.48% | 1.59% | 6.66% | 6.30% | 5.03% | NA | 0.08% | Low | ₹ 100 | ₹ 100 | Debt | Overnight Fund |
 Mahindra Manulife Overnight Fund Direct - Growth | ₹ 1,320.18 | ₹ 265.10 | 0.48% | 1.58% | 6.64% | 6.28% | 5.03% | NA | 0.09% | Low | ₹ 0 | ₹ 1,000 | Debt | Overnight Fund |
| Baroda BNP Paribas Overnight Fund Direct - Growth | ₹ 1,339.52 | ₹ 954.25 | 0.48% | 1.58% | 6.65% | 6.28% | 5.02% | NA | 0.09% | Low | ₹ 500 | ₹ 5,000 | Debt | Overnight Fund |
| Tata Overnight Fund Direct - Growth | ₹ 1,345.95 | ₹ 4,087.14 | 0.48% | 1.59% | 6.67% | 6.29% | 5.02% | NA | 0.06% | Low | ₹ 500 | ₹ 5,000 | Debt | Overnight Fund |
| Aditya Birla Sun Life Overnight Fund Direct - Growth | ₹ 1,379.57 | ₹ 9,376.08 | 0.48% | 1.58% | 6.65% | 6.28% | 5.02% | NA | 0.05% | Low | ₹ 0 | ₹ 500 | Debt | Overnight Fund |
 Motilal Oswal Ultra Short Term Fund Direct - Growth | ₹ 17.12 | ₹ 500.21 | 0.45% | 1.53% | 6.56% | 5.97% | 5.02% | 2 | 0.52% | Low | ₹ 500 | ₹ 500 | Debt | Ultra Short Duration Fund |
| UTI Overnight Fund Direct - Growth | ₹ 3,491.14 | ₹ 5,224.70 | 0.48% | 1.58% | 6.64% | 6.28% | 5.01% | 4 | 0.06% | Low | ₹ 500 | ₹ 500 | Debt | Overnight Fund |
| Kotak Overnight Fund Direct - Growth | ₹ 1,360.62 | ₹ 6,190.59 | 0.48% | 1.58% | 6.65% | 6.29% | 5.01% | NA | 0.08% | Low | ₹ 0 | ₹ 100 | Debt | Overnight Fund |
| Bandhan Overnight Fund Direct - Growth | ₹ 1,360.26 | ₹ 665.33 | 0.48% | 1.58% | 6.64% | 6.28% | 5.00% | NA | 0.05% | Low | ₹ 100 | ₹ 1,000 | Debt | Overnight Fund |
| Union Overnight Fund Direct - Growth | ₹ 1,342.70 | ₹ 194.50 | 0.48% | 1.58% | 6.64% | 6.27% | 5.00% | NA | 0.08% | Low | ₹ 500 | ₹ 5,000 | Debt | Overnight Fund |
| Invesco India Overnight Fund Direct - Growth | ₹ 1,288.78 | ₹ 439.42 | 0.48% | 1.58% | 6.64% | 6.27% | 5.00% | NA | 0.06% | Low | ₹ 100 | ₹ 1,000 | Debt | Overnight Fund |
| Edelweiss Overnight Fund Direct - Growth | ₹ 1,320.06 | ₹ 372.76 | 0.47% | 1.57% | 6.57% | 6.22% | 4.99% | NA | 0.11% | Low | ₹ 100 | ₹ 100 | Debt | Overnight Fund |
Showing 50 of 50 results
Please Note:
- 1M, 3M and 1 Yr returns are Absolute. 3 Yr and 5 Yr returns are Annualized.
- Fund Rating is sourced from Morningstar.
- "Exp Ratio" is a short-form used for "Expense Ratio" - In simple terms it is a fee charged by the AMC for managing your money.
*The schemes mentioned above are just for research purpose and not recommendations. Please do your own due diligence before investing.
Frequently Asked Questions
Focus on consistent returns over the years, fund portfolio quality, and the fund manager’s track record. Assess expense ratios and check if the fund’s risk-return profile aligns with your financial goals and investment horizon.
These funds offer stability while aiming for better returns than traditional fixed-income options. They are ideal for conservative investors seeking to grow their money steadily without exposing it to high market volatility.
These funds provide a balance of safety and growth, often diversifying across low-risk debt instruments or stable equity. They are suitable for risk-averse investors looking for regular income with an opportunity for capital appreciation.
Even low-risk funds face risks like interest rate changes, credit defaults, or economic slowdown. While they aim for stability, returns might not match expectations in unfavorable market conditions or with improper portfolio management.
These funds are suitable for individuals prioritizing capital protection with modest growth. Retirees, first-time investors, or those saving for short-term financial goals can benefit from the low-risk nature of these funds.
Use Dhan’s platform to identify funds offering relatively lower risk profiles. Compare their objectives and past returns. Start with a SIP or lump sum investment, depending on your budget and comfort, and regularly review the fund to ensure it still matches your financial goals.
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