Canara Robeco Short Term Fund vs UTI Short Term Fund
Direct Plan, Growth option · Data as on 30-10-2026
Canara Robeco Short Term Fund and UTI Short Term Fund are both Short Duration funds. In the 3 years to 30-10-2026, Canara Robeco Short Term Fund (Direct) returned 6.9% a year and UTI Short Term Fund (Direct) returned 7.1% a year. Canara Robeco Short Term Fund charges 0.36% a year and UTI Short Term Fund 0.41% (Direct plans). Their portfolios overlap 10.2%: they hold 6 of the same securities.
Canara Robeco Short Term Fund
Short Duration
- 3 year return
- 6.9%
- Expense ratio
- 0.36%
- NAV
- ₹29.58
UTI Short Term Fund
Short Duration
- 3 year return
- 7.1%
- Expense ratio
- 0.41%
- NAV
- ₹35.99
Which is better, Canara Robeco Short Term or UTI Short Term? Key differences
It depends on what you want from the fund. These are the differences in numbers, from the data on this page.
- UTI Short Term returned more over 5 years: 6.4% a year against 6.0%.
- UTI Short Term returned more over 3 years: 7.1% a year against 6.9%.
- Canara Robeco Short Term costs less: 0.36% a year against 0.41% (Direct plans).
- Canara Robeco Short Term swung less over 3 years: a standard deviation of 0.8% a year against 0.9%.
- Canara Robeco Short Term fell less in its worst fall since 04-01-2013: −2.1% against −13.2%.
- UTI Short Term is the larger fund: ₹1,770 Cr against ₹276 Cr.
- Their portfolios overlap 10.2%: 6 of the same holdings.
Past returns do not promise future returns. This page is information, not investment advice.
Key facts
From each fund's scheme summary document and AMFI
| Fact | Canara Robeco Short Term Fund | UTI Short Term Fund |
|---|---|---|
| Fund house | Canara Robeco Mutual Fund | UTI Mutual Fund |
| Category | Short Duration | Short Duration |
| AUM | ₹276 Cr (30-09-2026) | ₹1,770 Cr (30-09-2026) |
| NAV | ₹29.58 (Direct) | ₹35.99 (Direct) |
| Expense ratio (Direct) | 0.36% | 0.41% |
| Expense ratio (Regular) | 0.99% | 0.81% |
| Riskometer | Low to Moderate | Moderate |
| Benchmark | CRISIL Short Duration Debt A-II Index | CRISIL Short Duration Debt A-II Index |
| Launch date | 25-04-2011 | 29-08-2003 |
| Minimum investment | ₹5,000 | Regular Plan-Monthly Reinvestment of IDCW- Rs.20000, Regular Plan-Monthly Payout of IDCW- Rs.20000, Regular Plan-Quarterly Reinvestment of IDCW- Rs.20000, Regular Plan-Quarterly Payout of IDCW- Rs.20000, Regular Plan-Growth- Rs.500, Regular Plan-Half-year |
| Lock in | None | None |
| Fund managers | Suman Prasad / Mr Avnish Jain | Anurag Mittal FM 1, Not Applicable FM 2, Not Applicable FM 3, Not Applicable FM 4 |
| Exit load | Nil | Nil |
Canara Robeco Short Term vs UTI Short Term: Returns Comparison
Returns as on 30-10-2026. Up to one year they are absolute returns. Longer periods are a rate per year.
| Fund | 1M | 3M | 6M | 1Y | 3Y | 5Y | 10Y |
|---|---|---|---|---|---|---|---|
| Canara Robeco Short Term Fund (Direct) | −0.07% | +0.49% | +2.41% | +4.51% | +6.86% | +6.01% | +6.76% |
| UTI Short Term Fund (Direct) | −0.19% | +0.15% | +2.34% | +4.24% | +7.09% | +6.43% | +6.26% |
| Short Duration average | −0.14% | +0.30% | +2.50% | +4.11% | +6.88% | +6.62% | +6.89% |
Category average: the average of the 25 Short Duration funds, same plan type.
Canara Robeco Short Term vs UTI Short Term: Year-wise Returns
| Year | Canara RobecoCanara Robeco Short Term | UTIUTI Short Term |
|---|---|---|
| 2026to date | +3.77% | +3.49% |
| 2025 | +7.53% | +7.81% |
| 2024 | +7.85% | +8.42% |
| 2023 | +6.87% | +7.59% |
| 2022 | +3.51% | +4.41% |
| 2021 | +3.46% | +9.04% |
Canara Robeco Short Term vs UTI Short Term: Rolling Returns
Every holding period of both funds
Rolling returns
Every 3-year holding period, 2,618 of them, one for each trading day from 04-01-2016 to 30-10-2026: the yearly return (CAGR) of each, plotted on the day it ended. One lucky or unlucky start day cannot flatter or hide a fund.
Canara Robeco Short Term Fund (Direct)
UTI Short Term Fund (Direct)
to
Nov 2016Sept 2015
to
Sept 2018Jul 2017
to
Jul 2020May 2019
to
May 2022Mar 2021
to
Mar 2024Dec 2022
to
Dec 2025
How the periods spread
| Fund | Below 0% | 0-5% | 5-10% | 10-15% | 15-20% | 20-25% | Above 25% | Mean | Median | Lowest | Highest |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Canara Robeco Short Term | 0.0 | 5.8 | 94.2 | 0.0 | 0.0 | 0.0 | 0.0 | 7.2% | 7.7% | 4.4% | 9.1% |
| UTI Short Term | 0.0 | 23.1 | 69.9 | 6.9 | 0.0 | 0.0 | 0.0 | 7.1% | 7.7% | 2.6% | 11.0% |
The table shows the % of periods in each return band; a darker cell holds more of them. Lumpsum: the yearly rate (CAGR) from a period's first NAV to its last. SIP: the XIRR of the monthly instalments. Every fund is measured over the days all of them have, from 04-01-2013. Past returns do not promise future returns.
Canara Robeco Short Term vs UTI Short Term: SIP and Lumpsum Returns
What the same monthly or one-time investment would be worth in each fund today, from their own NAV history
Growth of an investment
₹10,000 on the first trading day of every month, from 02-01-2013 to 30-10-2026: 166 instalments, ₹16,60,000 in all.
| Investment | Invested | Value now | Gain | Return a year |
|---|---|---|---|---|
| Canara Robeco Short TermCanara Robeco Short Term Fund (Direct) | ₹16,60,000 | ₹27,04,420 | ₹10,44,420 | 6.8% |
| UTI Short TermUTI Short Term Fund (Direct) | ₹16,60,000 | ₹27,02,430 | ₹10,42,430 | 6.7% |
Canara Robeco Short TermCanara Robeco Short Term Fund (Direct)
UTI Short TermUTI Short Term Fund (Direct)
Amount invested
From each plan's published NAV (Growth option), over the same days. Return a year: XIRR for a SIP, CAGR for a lumpsum, shown for a year or more. It does not include exit load, stamp duty or tax. Past returns do not promise future returns.
Canara Robeco Short Term vs UTI Short Term: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | Canara Robeco Short Term Fund (Direct) | UTI Short Term Fund (Direct) |
|---|---|---|
| Return (CAGR) | +4.51% | +4.24% |
| Standard deviation | 0.85% | 1.13% |
| Sharpe ratio | -0.86 | -0.89 |
| Sortino ratio | -1.14 | -1.19 |
| Maximum drawdown | −0.4% (23-10-2026) | −0.6% (23-10-2026) |
| Beta | -- | -- |
| Alpha | -- | -- |
From daily NAVs, 30-10-2025 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta and alpha compare each fund with its own benchmark's TRI.
| Measure | Canara Robeco Short Term Fund (Direct) | UTI Short Term Fund (Direct) |
|---|---|---|
| Return (CAGR) | +6.86% | +7.09% |
| Standard deviation | 0.80% | 0.92% |
| Sharpe ratio | 1.03 | 1.15 |
| Sortino ratio | 1.54 | 1.73 |
| Maximum drawdown | −0.4% (13-06-2025) | −0.6% (23-10-2026) |
| Beta | -- | -- |
| Alpha | -- | -- |
From daily NAVs, 30-10-2023 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta and alpha compare each fund with its own benchmark's TRI.
| Measure | Canara Robeco Short Term Fund (Direct) | UTI Short Term Fund (Direct) |
|---|---|---|
| Return (CAGR) | +6.01% | +6.43% |
| Standard deviation | 0.81% | 0.87% |
| Sharpe ratio | 0.26 | 0.72 |
| Sortino ratio | 0.36 | 1.02 |
| Maximum drawdown | −0.9% (09-05-2022) | −0.7% (06-05-2022) |
| Beta | -- | -- |
| Alpha | -- | -- |
From daily NAVs, 29-10-2021 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta and alpha compare each fund with its own benchmark's TRI.
| Measure | Canara Robeco Short Term Fund (Direct) | UTI Short Term Fund (Direct) |
|---|---|---|
| Return (CAGR) | +7.07% | +7.25% |
| Standard deviation | 1.24% | 3.18% |
| Sharpe ratio | 0.82 | 0.38 |
| Sortino ratio | 1.32 | 0.42 |
| Maximum drawdown | −2.1% (24-03-2020) | −13.2% (10-06-2019) |
| Beta | -- | -- |
| Alpha | -- | -- |
From daily NAVs, 02-01-2013 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta and alpha compare each fund with its own benchmark's TRI.
Drawdowns
How far below its previous high each one was on every day: the falls an investor had to sit through. 0% means it was at a new high.
Canara Robeco Short Term Fund (Direct)
UTI Short Term Fund (Direct)
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| Canara Robeco Short Term Fund (Direct) | −2.1% | 06-03-2020 | 24-03-2020 | 27-03-2020 | 3 days | −0.2% |
| UTI Short Term Fund (Direct) | −13.2% | 03-06-2019 | 10-06-2019 | 03-07-2020 | 13 months | −0.4% |
From daily values since 04-01-2013, the first day every fund has.
Rolling standard deviation
Whether the swings have grown or calmed over time: the standard deviation of daily changes over every 1-year window, scaled to a year, plotted on the window's last day. Higher means a bumpier ride.
Canara Robeco Short Term Fund (Direct)
UTI Short Term Fund (Direct)
Whether the swings have grown or calmed over time: the standard deviation of daily changes over every 3-year window, scaled to a year, plotted on the window's last day. Higher means a bumpier ride.
Canara Robeco Short Term Fund (Direct)
UTI Short Term Fund (Direct)
Whether the swings have grown or calmed over time: the standard deviation of daily changes over every 5-year window, scaled to a year, plotted on the window's last day. Higher means a bumpier ride.
Canara Robeco Short Term Fund (Direct)
UTI Short Term Fund (Direct)
Canara Robeco Short Term vs UTI Short Term: Portfolio Overlap
From each fund's latest monthly portfolio: Canara Robeco Short Term Fund, September 2026; UTI Short Term Fund, September 2026
Holdings in common
- Overlap
- 10.2%
- Held by both
- 6
- Only in Canara Robeco Short Term
- 11
- Only in UTI Short Term
- 30
| Security | % of Canara Robeco Short Term | % of UTI Short Term |
|---|---|---|
| Axis Bank Ltd (07/12/2026) | 8.95% | 2.79% |
| 6.28% GOI 2032 (14-JUL-2032) | 5.23% | 2.72% |
| 7.02% Bajaj Housing Finance Ltd (26/05/2028) | 8.90% | 1.39% |
| 7.11% Bajaj Finance Ltd (10/07/2028) | 8.89% | 1.39% |
| 6.48% GOI 2035 (06-OCT-2035) | 1.73% | 1.35% |
| CORPORATE DEBT MARKET DEVELOPMENT FUND CLASS A2 | 0.60% | 0.53% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 10.2% means 10.2% of each fund's money sits in positions the other also holds. Matched by ISIN. Cash and hedged positions are left out.
Largest holdings only in Canara Robeco Short Term Fund
| Security | % of fund |
|---|---|
| 7.74% Hindustan Petroleum Corporation Ltd (02/03/2028) | 9.09% |
| 7.75% Sundaram Finance Ltd (11/12/2026) | 9.06% |
| 7.50% Grasim industries Ltd (10/06/2027) | 9.06% |
| 7.59% REC Ltd (31/05/2027) | 9.05% |
| 7.25% Export-Import Bank Of India (01/02/2027) | 9.05% |
Largest holdings only in UTI Short Term Fund
| Security | % of fund |
|---|---|
| NCD EXPORT IMPORT BANK OF INDIA | 6.93% |
| NCD VEDANTA LTD | 5.56% |
| NCD POONAWALLA FINCORP LTD. | 4.23% |
| NCD LIC HOUSING FINANCE LTD. | 4.23% |
| NCD 360 ONE PRIME LTD | 4.22% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | Canara Robeco Short Term | UTI Short Term |
|---|---|---|
| Equity | 0.0% | 0.0% |
| Debt | 95.9% | 84.0% |
| Cash and others | 4.1% | 16.0% |
Canara Robeco Short Term vs UTI Short Term: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | Canara Robeco Short Term Fund | UTI Short Term Fund |
|---|---|---|
| Total expense ratio (Direct) | 0.36% | 0.41% |
| Base expense ratio (Direct) | 0.31% | 0.34% |
| Total expense ratio (Regular) | 0.99% | 0.81% |
| Base expense ratio (Regular) | 0.85% | 0.69% |
The expense ratio comes out of the fund's assets every day, so every return on this page is already after it. Base expense ratio: the fund house's own fee. The total adds brokerage, transaction costs, and levies with GST.
More comparisons
Each fund against the others of its category
Compare Canara Robeco Short Term with
Canara Robeco Short Term Fund vs UTI Short Term Fund: Frequently Asked Questions
What is the difference between Canara Robeco Short Term Fund and UTI Short Term Fund?
Both are Short Duration funds, run by Canara Robeco Mutual Fund and UTI Mutual Fund. Their portfolios overlap 10.2%. Canara Robeco Short Term Fund charges 0.36% a year and UTI Short Term Fund 0.41%.
Which has given higher returns, Canara Robeco Short Term Fund or UTI Short Term Fund?
Over 1 year: Canara Robeco Short Term Fund +4.51%, UTI Short Term Fund +4.24%. Over 3 years: Canara Robeco Short Term Fund +6.86% a year, UTI Short Term Fund +7.09% a year. Over 5 years: Canara Robeco Short Term Fund +6.01% a year, UTI Short Term Fund +6.43% a year. As on 30-10-2026. Past returns do not promise future returns.
Which has the lower expense ratio, Canara Robeco Short Term Fund or UTI Short Term Fund?
Canara Robeco Short Term Fund charges less: 0.36% a year against 0.41%. These are the Direct plans' total expense ratios reported to AMFI.
How much do Canara Robeco Short Term Fund and UTI Short Term Fund overlap?
10.2%. They hold 6 of the same securities, the largest shared ones being Axis Bank Ltd (07/12/2026), 6.28% GOI 2032 (14-JUL-2032), 7.02% Bajaj Housing Finance Ltd (26/05/2028). From each fund's latest monthly portfolio.
Which is riskier, Canara Robeco Short Term Fund or UTI Short Term Fund?
On SEBI's riskometer, Canara Robeco Short Term Fund is rated Low to Moderate and UTI Short Term Fund Moderate. Over 3 years, the standard deviation of daily returns was 0.80% and 0.92% a year.
Which is better for SIP, Canara Robeco Short Term Fund or UTI Short Term Fund?
Over the last 5 years, a monthly SIP of ₹10,000 from 01-10-2021 to 30-10-2026 grew to ₹7,17,759 in Canara Robeco Short Term Fund (XIRR 6.3% a year) and ₹7,22,480 in UTI Short Term Fund (XIRR 6.6% a year). Both received 61 instalments. Past returns do not promise future returns.
Can I invest in both Canara Robeco Short Term Fund and UTI Short Term Fund?
Yes. 10.2% of each fund's money sits in the same holdings, so some of the two investments would move together.
Who manages Canara Robeco Short Term Fund and UTI Short Term Fund?
Canara Robeco Short Term Fund: Suman Prasad / Mr Avnish Jain. UTI Short Term Fund: Anurag Mittal FM 1, Not Applicable FM 2, Not Applicable FM 3, Not Applicable FM 4.
Sources: NAV and expense ratio from AMFI. Holdings from each fund house's monthly portfolio statement. Fund facts from each scheme summary document.
This page is information, not investment advice. Mutual fund investments are subject to market risks; read all scheme related documents carefully. Past returns do not promise future returns. Figures come from AMFI, NSE, BSE and each fund house's own documents.