HomeMutual FundsMF To InvestMutual Funds with NAV Below ₹20

Mutual Funds with NAV Below ₹20

Here you get all the mutual fund schemes having NAV below ₹20. Investors should understand that low NAV doesn't necessarily indicate better returns or bad investment. NAV is just one of many factors that indicates whether the fund is worth investing.

All Funds Having Below ₹20 NAV

Name
NAV
AUM (in Cr.) sort_arrow
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
SBI Corporate Bond Fund Direct - Growth

SBI Corporate Bond Fund Direct - Growth

16.13

25,305.90 -0.09% 0.64% 8.86%7.81%6.36%

4

star
0.36%Moderately Low5005,000DebtCorporate Bond Fund
HDFC Ultra Short Term Fund Direct - Growth

HDFC Ultra Short Term Fund Direct - Growth

15.64

17,781.90 0.47% 1.73% 7.78%7.43%6.10%

4

star
0.37%Moderate100100DebtUltra Short Duration Fund
Tata Arbitrage Fund Direct - Growth

Tata Arbitrage Fund Direct - Growth

15.26

17,291.10 0.50% 1.72% 7.55%7.80%6.45%NA0.31%Low1505,000HybridArbitrage Fund
Bandhan Corporate Bond Fund Direct - Growth

Bandhan Corporate Bond Fund Direct - Growth

19.95

15,933.10 -0.16% 0.69% 8.42%7.48%6.20%

3

star
0.33%Moderately Low1001,000DebtCorporate Bond Fund
BHARAT Bond FOF - April 2030 Fund Direct - Growth

BHARAT Bond FOF - April 2030 Fund Direct - Growth

15.22

9,712.98 -0.03% 0.73% 9.91%8.08%6.98%NA0.08%Moderate100100OtherFoFs Domestic
Nippon India Nivesh Lakshya Long Duration Fund Direct - Growth

Nippon India Nivesh Lakshya Long Duration Fund Direct - Growth

18.00

9,609.25 -2.38% -3.40% 4.80%8.25%6.01%NA0.33%Moderate1005,000DebtLong Duration Fund
Axis Corporate Bond Fund Direct - Growth

Axis Corporate Bond Fund Direct - Growth

18.26

9,468.86 0.02% 0.87% 9.19%8.15%6.95%

5

star
0.36%Moderate100100DebtCorporate Bond Fund
Axis Ultra Short Duration Fund Direct - Growth

Axis Ultra Short Duration Fund Direct - Growth

15.80

6,752.81 0.51% 1.79% 7.96%7.59%6.30%

5

star
0.38%Moderately Low1,0005,000DebtUltra Short Duration Fund
DSP Arbitrage Fund Direct - Growth

DSP Arbitrage Fund Direct - Growth

15.79

6,167.76 0.45% 1.66% 7.24%7.61%6.13%NA0.35%Low100100HybridArbitrage Fund
UTI Corporate Bond Fund Direct - Growth

UTI Corporate Bond Fund Direct - Growth

16.91

5,717.46 0.02% 0.75% 8.73%7.72%6.47%

4

star
0.29%Moderate500500DebtCorporate Bond Fund
Tata Ultra Short Term Fund Direct - Growth

Tata Ultra Short Term Fund Direct - Growth

15.06

4,907.76 0.52% 1.80% 7.99%7.55%6.16%

4

star
0.28%Moderately Low5005,000DebtUltra Short Duration Fund
BHARAT Bond FOF - April 2031 Fund Direct - Growth

BHARAT Bond FOF - April 2031 Fund Direct - Growth

13.64

4,807.97 -0.20% 0.54% 9.63%8.40%6.93%NA0.08%Moderate100100OtherFoFs Domestic
Bandhan Ultra Short Duration Fund Direct - Growth

Bandhan Ultra Short Duration Fund Direct - Growth

15.56

4,296.95 0.47% 1.69% 7.63%7.29%5.84%

3

star
0.27%Moderately Low100100DebtUltra Short Duration Fund
Mirae Asset Arbitrage Fund Direct - Growth

Mirae Asset Arbitrage Fund Direct - Growth

13.64

2,998.23 0.49% 1.69% 7.23%7.67%6.28%NA0.14%Low995,000HybridArbitrage Fund
DSP Corporate Bond Fund Direct - Growth

DSP Corporate Bond Fund Direct - Growth

16.43

2,728.43 0.33% 1.51% 8.58%7.38%5.73%

3

star
0.28%Moderate100100DebtCorporate Bond Fund
Sundaram Money Market Fund Direct - Growth

Sundaram Money Market Fund Direct - Growth

15.28

2,301.21 0.47% 1.78% 8.04%7.41%5.90%

3

star
0.17%Low2501,000DebtMoney Market Fund
Axis Income Plus Arbitrage Active FoF Fund Direct - Growth

Axis Income Plus Arbitrage Active FoF Fund Direct - Growth

14.79

1,480.95 0.16% 1.08% 8.20%7.96%6.97%NA0.05%Moderately High100100OtherFoFs Domestic
Motilal Oswal Liquid Fund Direct - Growth

Motilal Oswal Liquid Fund Direct - Growth

14.05

1,239.28 0.46% 1.43% 6.59%6.66%5.32%NA0.19%Moderately Low500500DebtLiquid Fund
Baroda BNP Paribas Arbitrage Fund Direct - Growth

Baroda BNP Paribas Arbitrage Fund Direct - Growth

17.12

1,200.57 0.41% 1.69% 7.23%7.63%6.23%NA0.31%Low2505,000HybridArbitrage Fund
Mirae Asset Short Duration Fund Direct - Growth

Mirae Asset Short Duration Fund Direct - Growth

16.85

923.34 0.02% 0.96% 8.86%7.85%6.45%

4

star
0.25%Moderately Low995,000DebtShort Duration Fund
Nippon India Equity Savings Fund Direct - Growth

Nippon India Equity Savings Fund Direct - Growth

17.66

763.52 0.39% 1.32% 4.70%9.87%10.35%

2

star
0.74%Moderately Low1005,000HybridEquity Savings
Nippon India Equity Savings Fund- Direct Plan-bonus

Nippon India Equity Savings Fund- Direct Plan-bonus

17.66

763.52 0.39% 1.32% 4.70%9.87%10.35%

2

star
0.74%Moderately Low05,000HybridEquity Savings
UTI Equity Savings Fund Direct - Growth

UTI Equity Savings Fund Direct - Growth

19.42

709.42 0.26% 0.63% 5.01%11.60%12.50%

4

star
0.69%Moderate5005,000HybridEquity Savings
Franklin India Equity Savings Fund Direct - Growth

Franklin India Equity Savings Fund Direct - Growth

17.99

674.03 0.47% 1.59% 6.02%9.34%10.84%

3

star
0.29%Moderate5005,000HybridEquity Savings
Motilal Oswal Ultra Short Term Fund Direct - Growth

Motilal Oswal Ultra Short Term Fund Direct - Growth

17.61

573.44 0.60% 1.65% 6.62%6.44%5.18%

2

star
0.29%Low500500DebtUltra Short Duration Fund
Union Corporate Bond Fund Direct - Growth

Union Corporate Bond Fund Direct - Growth

15.77

489.97 -0.15% 0.62% 8.71%7.49%6.00%

3

star
0.41%Moderate5001,000DebtCorporate Bond Fund
Invesco India Equity Savings Fund Direct - Growth

Invesco India Equity Savings Fund Direct - Growth

18.92

438.39 0.03% 1.37% 4.85%12.77%11.06%

4

star
0.71%Moderately High5001,000HybridEquity Savings
ITI Balanced Advantage Fund Direct - Growth

ITI Balanced Advantage Fund Direct - Growth

16.18

401.55 0.12% 2.32% 4.71%13.66%13.32%

3

star
0.63%Moderately High5005,000HybridDynamic Asset Allocation or Balanced Advantage
PGIM India Emerging Markets Equity FoF Fund Direct - Growth

PGIM India Emerging Markets Equity FoF Fund Direct - Growth

19.86

342.76 3.38% 9.00% 21.39%13.93%3.56%NA1.39%Very High1,0005,000OtherFoFs Overseas
ICICI Prudential Global Advantage Fund (FOF) Direct - Growth

ICICI Prudential Global Advantage Fund (FOF) Direct - Growth

19.10

341.29 4.63% 11.32% 24.35%15.99%9.91%NA1.66%Very High100100OtherFoFs Overseas
JM Arbitrage Fund (direct) - Annual Bonus Option - Principal Units

JM Arbitrage Fund (direct) - Annual Bonus Option - Principal Units

18.02

318.94 0.44% 1.57% 6.84%7.28%5.66%NA0.41%Low01,000HybridArbitrage Fund
JM Arbitrage Fund (direct) - Bonus Option - Principal Units

JM Arbitrage Fund (direct) - Bonus Option - Principal Units

18.77

318.94 0.44% 1.57% 6.83%7.28%5.66%NA0.41%Low01,000HybridArbitrage Fund
Union Arbitrage Fund Direct - Growth

Union Arbitrage Fund Direct - Growth

14.66

305.99 0.43% 1.62% 7.09%7.47%6.00%NA0.46%Low5001,000HybridArbitrage Fund
Sundaram Arbitrage Fund Direct - Growth

Sundaram Arbitrage Fund Direct - Growth

15.38

276.95 0.43% 1.61% 7.33%7.37%5.58%NA0.17%Moderately Low100100HybridArbitrage Fund
UTI Credit Risk Fund Direct - Growth

UTI Credit Risk Fund Direct - Growth

19.46

275.18 0.14% 1.26% 8.81%7.96%10.27%

3

star
1.00%Moderately High500500DebtCredit Risk Fund
Bandhan Credit Risk Fund Direct - Growth

Bandhan Credit Risk Fund Direct - Growth

17.91

270.54 -0.07% 0.63% 7.87%7.46%6.65%

2

star
0.68%Moderate1001,000DebtCredit Risk Fund
Baroda BNP Paribas Equity Savings Fund Direct - Growth

Baroda BNP Paribas Equity Savings Fund Direct - Growth

17.75

261.01 0.26% 1.66% 6.10%11.02%9.57%

2

star
1.37%Moderately High2505,000HybridEquity Savings
LIC MF Arbitrage Fund Direct - Growth

LIC MF Arbitrage Fund Direct - Growth

14.57

191.72 0.45% 1.55% 7.12%7.34%5.98%NA0.29%Low2005,000HybridArbitrage Fund
LIC MF Short Duration Fund Direct - Growth

LIC MF Short Duration Fund Direct - Growth

15.70

171.23 -0.06% 0.85% 8.69%7.73%6.36%

3

star
0.36%Moderate2005,000DebtShort Duration Fund
Union Equity Savings Fund Direct - Growth

Union Equity Savings Fund Direct - Growth

17.53

154.66 0.34% 1.51% 3.91%8.75%8.82%

2

star
1.46%Moderate5001,000HybridEquity Savings
Edelweiss Emerging Markets Opportunities Equity Offshore Fund Direct - Growth

Edelweiss Emerging Markets Opportunities Equity Offshore Fund Direct - Growth

19.49

133.46 2.63% 10.11% 16.68%11.60%5.21%NA1.49%Very High100100OtherFoFs Overseas
Mirae Asset Dynamic Bond Fund Direct - Growth

Mirae Asset Dynamic Bond Fund Direct - Growth

17.85

120.59 0.29% 1.39% 8.38%7.40%5.85%

3

star
0.16%Moderate995,000DebtDynamic Bond
Mahindra Manulife Dynamic Bond Fund Direct - Growth

Mahindra Manulife Dynamic Bond Fund Direct - Growth

15.48

115.87 -0.52% -0.35% 7.62%7.90%5.98%

3

star
0.39%Moderate5001,000DebtDynamic Bond
PGIM India Arbitrage Fund Direct - Growth

PGIM India Arbitrage Fund Direct - Growth

19.77

109.71 0.29% 1.33% 7.00%7.27%6.01%NA0.38%Low1,0005,000HybridArbitrage Fund
Nippon India Medium Duration Fund Direct - Growth

Nippon India Medium Duration Fund Direct - Growth

17.22

108.39 -0.08% 2.68% 10.86%8.70%9.27%

3

star
0.52%Very High1005,000DebtMedium Duration Fund
Nippon India Medium Duration Fund- Direct Bonus Plan

Nippon India Medium Duration Fund- Direct Bonus Plan

17.22

108.39 -0.08% 2.68% 10.86%8.70%9.27%

3

star
0.52%Very High05,000DebtMedium Duration Fund
Bank of India Credit Risk Fund Direct - Growth

Bank of India Credit Risk Fund Direct - Growth

12.60

105.32 0.35% 1.35% 6.37%6.07%26.30%

2

star
0.98%Moderately High1,0005,000DebtCredit Risk Fund
ICICI Prudential Retirement Fund - Pure Debt Plan Direct - Growth

ICICI Prudential Retirement Fund - Pure Debt Plan Direct - Growth

16.37

101.18 -0.41% 0.11% 7.23%7.36%6.50%NA1.24%Moderate1005,000Solution OrientedRetirement Fund
Mahindra Manulife Arbitrage Fund Direct - Growth

Mahindra Manulife Arbitrage Fund Direct - Growth

12.95

96.95 0.42% 1.47% 6.16%6.45%5.30%NA0.22%Low5001,000HybridArbitrage Fund
HSBC Brazil Fund Direct - Growth

HSBC Brazil Fund Direct - Growth

8.13

96.34 5.99% 6.04% 6.51%5.72%4.53%NA1.01%Very High1,0005,000OtherFoFs Overseas
ICICI Prudential Retirement Fund - Hybrid Conservative Plan Direct - Growth

ICICI Prudential Retirement Fund - Hybrid Conservative Plan Direct - Growth

18.95

82.49 0.37% 2.31% 7.86%11.88%10.34%NA0.94%Moderately High1005,000Solution OrientedRetirement Fund
Tata Quant Fund Direct - Growth

Tata Quant Fund Direct - Growth

15.38

61.70 -0.05% -6.21% 7.73%14.04%16.18%NA0.91%Very High1005,000EquitySectoral / Thematic
Shriram Balanced Advantage Fund Direct - Growth

Shriram Balanced Advantage Fund Direct - Growth

18.73

59.02 -0.24% -0.04% -5.23%9.92%11.22%

2

star
0.78%Very High500500HybridDynamic Asset Allocation or Balanced Advantage
Axis Retirement Fund - Conservative Plan Direct - Growth

Axis Retirement Fund - Conservative Plan Direct - Growth

17.29

55.64 -0.51% -1.12% 3.08%10.21%10.54%NA0.98%High1,0005,000Solution OrientedRetirement Fund
ITI Arbitrage Fund Direct - Growth

ITI Arbitrage Fund Direct - Growth

13.67

48.92 0.52% 1.78% 7.48%7.16%5.52%NA0.21%Low5005,000HybridArbitrage Fund
Mirae Asset Banking and PSU Fund Direct - Growth

Mirae Asset Banking and PSU Fund Direct - Growth

13.35

47.53 -0.03% 0.39% 8.28%7.46%6.02%

3

star
0.36%Moderate995,000DebtBanking and PSU Fund
Bank of India Arbitrage Fund Direct - Growth

Bank of India Arbitrage Fund Direct - Growth

14.51

42.15 0.41% 1.49% 6.77%6.84%5.22%NA0.38%Low1,0005,000HybridArbitrage Fund
UTI Medium Duration Fund Direct - Growth

UTI Medium Duration Fund Direct - Growth

19.66

40.71 -0.33% 0.18% 7.87%7.43%6.78%

3

star
0.83%Moderate500500DebtMedium Duration Fund
Aditya Birla Sun Life Retirement Fund - The 50s Plan Direct - Growth

Aditya Birla Sun Life Retirement Fund - The 50s Plan Direct - Growth

15.90

26.48 0.07% 1.30% 6.48%9.68%7.08%NA0.61%Moderately High5001,000Solution OrientedRetirement Fund
Franklin India Feeder - Templeton European Opportunities Fund Direct - Growth

Franklin India Feeder - Templeton European Opportunities Fund Direct - Growth

13.00

18.41 1.20% 8.24% 13.07%11.04%8.98%NA0.47%Very High5005,000OtherFoFs Overseas
Aditya Birla Sun Life Retirement Fund - The 50s Plus - Debt Plan Direct - Growth

Aditya Birla Sun Life Retirement Fund - The 50s Plus - Debt Plan Direct - Growth

14.31

17.32 -0.34% 0.09% 6.37%6.47%5.30%NA0.84%Moderate5001,000Solution OrientedRetirement Fund

Showing 61 of 61 results

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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

Before selecting mutual funds priced below ₹20, assess their past performance, expense ratios, and investment strategies. Look at the fund manager's experience and stability of returns over time. It's essential to review the fund's portfolio holdings and understand whether its risk level aligns well with your investment goals and personal risk tolerance.
Investing in mutual funds priced below ₹20 provides investors an affordable entry point, enabling them to accumulate more fund units with limited investment capital. Such funds might offer potential growth opportunities if managed effectively. They can be appealing to new investors seeking to diversify their portfolios without requiring substantial initial investments or facing significant financial constraints.
The key advantages include affordability, enabling investors to start investing even with smaller amounts. Investors can potentially accumulate more units, spreading investment risk effectively. These funds provide easier entry to market participation, especially beneficial for new or cautious investors looking to gradually build diversified portfolios without needing to invest large sums initially.
Mutual funds priced below ₹20 might carry risks such as higher volatility, especially if they invest heavily in small or mid-sized companies. Lower NAV doesn't necessarily indicate undervaluation but might reflect past underperformance or higher risk exposure. Frequent fluctuations can occur, potentially resulting in short-term losses, highlighting the importance of carefully assessing risk before investing.
Mutual funds with NAV below ₹20 suit investors with limited initial capital, particularly beginners or individuals aiming for gradual portfolio growth. They may also appeal to investors comfortable with moderate to high volatility, seeking affordable diversification opportunities. Additionally, younger investors planning for long-term financial objectives could consider these funds to build their portfolios steadily over time.
Review mutual funds below ₹20 NAV on Dhan, comparing performance, risk levels, and fund management experience. Choose suitable funds based on your financial goals. You can invest a lump sum to quickly enter the market or start a SIP to systematically invest smaller amounts, gradually building your investment while minimizing timing risks.

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