Home › Top Mutual Funds in India 2026 Find the best performing mutual funds in India for 2026. Our curated lists are updated regularly based on returns, consistency, fund manager track record, and risk-adjusted performance. Whether you are starting your first SIP or rebalancing your portfolio, use these rankings to make informed investment decisions.
# Fund Name NAV (₹) 1Y Return ▼ 3Y CAGR 5Y CAGR 1 quant Large Cap Fund - Growth Option 16.92 +9.52% +15.90% — 2 BANK OF INDIA Large Cap Fund Direct Plan Growth 17.75 +4.91% +14.03% +11.76% 3 Taurus Large Cap Fund 171.10 +4.12% +13.76% +11.36% 4 Tata Large Cap Fund -Direct Plan Growth Option 590.99 +3.58% +12.12% +12.27% 5 Invesco India Largecap Fund 86.40 +2.59% +14.64% +13.30% 6 BAJAJ FINSERV LARGE CAP FUND 10.34 +1.81% — — 7 SBI Large Cap FUND 103.66 +1.77% +10.27% +11.70% 8 JM Large Cap Fund (Direct) - Growth Option 176.47 +1.15% +12.35% +12.56% 9 Groww Largecap Fund (formerly known as Indiabulls Blue Chip Fund) - Direct Plan - Growth Option 51.63 +0.81% +11.50% +11.49% 10 BANDHAN Large Cap Fund 89.88 +0.66% +13.20% +12.57% 11 WhiteOak Capital Large Cap Fund Direct Plan Growth 15.77 +0.41% +14.47% — 12 Mirae Asset Large Cap Fund 126.59 -0.01% +10.01% +10.33% 13 Edelweiss Large Cap Fund - Direct Plan-Growth option 96.38 -0.12% +11.06% +12.02% 14 Nippon India Large Cap Fund - Direct Plan Growth Plan - Growth Option 100.10 -0.26% +12.98% +16.01% 15 Franklin India Large Cap Fund 1,118.51 -0.27% +11.01% +9.76%
# Fund Name NAV (₹) 1Y Return ▼ 3Y CAGR 5Y CAGR 1 HSBC Midcap Fund 520.69 +17.97% +26.19% — 2 Helios Mid Cap Fund - Direct Plan - Growth Option 13.81 +13.98% — — 3 WhiteOak Capital Mid Cap Fund Direct Plan Growth 22.96 +13.48% +24.36% — 4 BARODA BNP PARIBAS Mid Cap Fund - Direct Plan - Growth Option 134.38 +12.32% +20.48% — 5 ICICI Prudential MidCap Fund 380.06 +11.04% +23.87% +18.29% 6 ITI Mid Cap Fund - Direct Plan - Growth Option 25.50 +10.79% +23.47% +17.44% 7 Union Midcap Fund - Direct Plan - Growth Option 56.14 +10.51% +19.39% +17.13% 8 JM Midcap Fund (Direct) - Growth 22.09 +9.65% +22.90% — 9 Mahindra Manulife Mid Cap Fund 41.72 +9.64% +22.30% +19.18% 10 Sundaram Mid Cap Fund Direct Plan - Growth 1,647.60 +9.20% +22.09% +19.02% 11 Mirae Asset Midcap Fund- Direct Growth Option 43.39 +8.71% +19.05% +16.96% 12 Tata Mid Cap Fund - Direct Plan- Growth Option 532.61 +8.42% +19.34% +17.22% 13 BANDHAN MIDCAP FUND - GROWTH 19.73 +8.38% +20.08% — 14 Invesco India Midcap Fund - Direct Plan - Growth Option 239.85 +8.26% +26.03% +20.89% 15 Nippon India Growth Mid Cap Fund - Direct Plan Growth Plan - Growth Option 4,927.54 +6.93% +21.82% +19.99%
# Fund Name NAV (₹) 1Y Return ▼ 3Y CAGR 5Y CAGR 1 TRUSTMF SMALL CAP FUND 13.21 +24.83% — — 2 Union Small Cap Fund - Direct Plan - Growth Option 64.17 +16.15% +19.30% +17.34% 3 BANK OF INDIA Small Cap Fund Direct Plan Growth 62.46 +15.97% +22.99% +19.97% 4 Motilal Oswal Small Cap Fund 16.88 +15.92% — — 5 ITI Small Cap Fund - Direct Plan - Growth Option 36.71 +14.45% +26.63% +17.74% 6 JM Small Cap Fund (Direct) - Growth Option 11.68 +13.12% — — 7 Mahindra Manulife Small Cap Fund 22.62 +10.81% +22.88% — 8 quant Small Cap Fund - Growth Option 311.25 +10.14% +20.35% +19.68% 9 Invesco India Smallcap Fund 52.22 +10.10% +24.07% +20.22% 10 DSP Small Cap Fund 244.88 +9.98% +18.50% +18.19% 11 Sundaram Small Cap Fund Direct Plan - Growth 319.21 +9.58% +18.86% +17.64% 12 Aditya Birla Sun Life Small Cap Fund - Growth 109.62 +9.52% +16.85% +13.73% 13 BAJAJ FINSERV SMALL CAP FUND 10.83 +8.38% — — 14 PGIM India Small Cap Fund - Direct Plan- Growth Option 19.06 +7.19% +16.08% +13.50% 15 LIC MF Small Cap Fund 37.29 +6.03% +17.48% —
# Fund Name NAV (₹) 1Y Return ▼ 3Y CAGR 5Y CAGR 1 quant Flexi Cap Fund - Growth Option 121.56 +11.95% +18.21% +16.39% 2 Navi Flexi Cap Fund 28.46 +9.43% +12.36% +13.27% 3 BANK OF INDIA Flexi Cap Fund Direct Plan -Growth 41.37 +8.95% +21.46% +17.45% 4 ITI Flexi Cap Fund 20.40 +8.43% +19.41% — 5 Aditya Birla Sun Life Flexi Cap Fund - Growth 2,159.65 +8.09% +16.09% +13.40% 6 ICICI Prudential Flexicap Fund 21.06 +7.01% +16.79% +16.04% 7 Bajaj Finserv Flexi Cap Fund 16.10 +6.77% — — 8 Helios Flexi Cap Fund - Direct Plan - Growth Option 15.99 +6.18% — — 9 TRUSTMF Flexi Cap Fund 12.21 +5.43% — — 10 LIC MF Flexi Cap Fund 115.03 +5.04% +12.32% +11.57% 11 WhiteOak Capital Flexi Cap Fund Direct Plan-Growth 18.91 +4.06% +16.59% — 12 Unifi Flexi Cap Fund 10.55 +3.48% — — 13 HDFC Flexi Cap Fund - Growth Option 2,220.86 +3.47% +17.37% +18.60% 14 Mirae Asset Flexi Cap Fund 16.84 +3.39% +13.35% — 15 360 ONE FLEXICAP FUND 16.44 +3.34% +17.63% —
# Fund Name NAV (₹) 1Y Return ▼ 3Y CAGR 5Y CAGR 1 TRUSTMF MULTI CAP FUND 11.52 +15.07% — — 2 Groww Multicap Fund 11.94 +13.92% — — 3 Bank of India Multi Cap Fund Direct Plan - Growth 20.47 +11.19% +20.33% — 4 Tata Multicap Fund 16.16 +9.51% +12.82% — 5 ITI Multi Cap Fund - Direct Plan - Growth Option 29.15 +9.18% +18.78% +14.32% 6 Union Multicap Fund - Direct Plan - Growth Option 17.86 +8.79% +16.32% — 7 LIC MF Multi Cap Fund 19.23 +8.09% +19.74% — 8 Kotak Multicap Fund 21.37 +7.57% +19.64% — 9 WhiteOak Capital Multi Cap Fund Direct Plan Growth 16.69 +7.20% — — 10 PGIM India Multi Cap Fund - Direct Plan - Growth Option 10.68 +6.97% — — 11 HSBC Multi Cap Fund 20.60 +6.65% +20.69% — 12 ICICI Prudential Multicap Fund 953.58 +6.64% +17.96% +16.28% 13 Mahindra Manulife Multi Cap Fund 44.74 +6.44% +18.51% +17.20% 14 quant Multi Cap Fund-GROWTH OPTION 724.78 +6.07% +12.68% +13.64% 15 BAJAJ FINSERV MULTI CAP FUND 12.19 +5.85% — —
# Fund Name NAV (₹) 1Y Return ▼ 3Y CAGR 5Y CAGR 1 HSBC Large & Mid Cap Fund 32.35 +10.14% +18.99% +16.07% 2 quant Large & Mid Cap Fund - Growth Option 137.25 +7.78% +17.30% +17.52% 3 Axis Large & Mid Cap Fund 38.21 +6.58% +16.66% +14.01% 4 Invesco India Large & Mid Cap Fund 130.25 +6.27% +24.31% +18.49% 5 Helios Large & Mid Cap Fund - Direct Plan - Growth Option 11.56 +5.96% — — 6 Sundaram Large and Midcap Fund Direct Plan - Growth 102.02 +5.79% +14.81% +13.85% 7 BANK OF INDIA Large & Mid Cap Fund Direct Plan-Growth 106.95 +5.77% +15.32% +13.19% 8 JM Large & Mid Cap Fund (Direct) - Growth Option 10.63 +5.69% — — 9 Whiteoak Capital Large & Mid Cap Fund Direct Plan Growth 14.34 +5.38% — — 10 Motilal Oswal Large and Midcap Fund 39.34 +4.67% +23.18% +19.51% 11 SBI LARGE & MIDCAP FUND 707.78 +4.41% +15.08% +14.93% 12 Union Large & Midcap Fund - Direct Plan - Growth Option 28.80 +4.16% +13.84% +13.75% 13 Bandhan Large & Mid Cap Fund 163.50 +3.73% +19.86% +17.73% 14 Navi Large & Midcap Fund- Direct Plan- Growth Option 43.90 +3.68% +11.17% +13.26% 15 ICICI Prudential Large & Mid Cap Fund 1,164.49 +3.60% +17.60% +18.23%
# Fund Name NAV (₹) 1Y Return ▼ 3Y CAGR 5Y CAGR 1 quant ELSS Tax Saver Fund - Growth Option 458.13 +12.56% +17.03% +16.10% 2 Edelweiss ELSS Tax Saver Fund - Direct Plan-Growth Option 137.81 +6.05% +14.89% +13.89% 3 Tata ELSS Fund-Growth 53.59 +5.02% +13.58% +14.17% 4 BARODA BNP PARIBAS ELSS Tax Saver Fund - Direct Plan - Growth Option 112.56 +4.75% +16.49% — 5 JM ELSS Tax Saver Fund (Direct) - Growth Option 58.58 +4.30% +16.60% +15.52% 6 BAJAJ FINSERV ELSS TAX SAVER FUND 11.68 +4.17% — — 7 Motilal Oswal ELSS Tax Saver Fund - Direct Plan - Growth Option 63.66 +3.41% +22.21% +17.96% 8 BANK OF INDIA ELSS Tax Saver 192.94 +2.97% +15.16% +13.21% 9 Mirae Asset ELSS Tax Saver Fund 56.90 +2.83% +14.17% +13.16% 10 ITI ELSS Tax Saver Fund - Direct Plan - Growth Option 28.56 +2.72% +18.53% +13.75% 11 HSBC ELSS Tax saver Fund 152.92 +2.71% +16.90% — 12 Aditya Birla Sun Life ELSS Tax Saver Fund - Growth 69.37 +2.64% +13.02% +9.72% 13 CANARA ROBECO ELSS TAX SAVER - DIRECT PLAN - GROWTH OPTION 200.59 +2.24% +12.70% +12.24% 14 BANDHAN ELSS Tax Saver Fund 177.94 +2.14% +11.21% +13.21% 15 Kotak ELSS Tax Saver Fund-Growth 138.05 +1.60% +12.75% +13.56%
# Fund Name NAV (₹) 1Y Return ▼ 3Y CAGR 5Y CAGR 1 ICICI Prudential NASDAQ 100 Index Fund 24.34 +38.48% +29.74% — 2 Motilal Oswal S&P 500 Index Fund 33.41 +32.16% +25.10% +17.81% 3 Edelweiss MSCI India Domestic & World Healthcare 45 Index Fund Direct Plan - Growth 24.11 +18.93% +20.35% +13.55% 4 SBI BSE PSU BANK INDEX FUND 13.47 +18.45% — — 5 Motilal Oswal Nifty MidSmall Financial Services Index Fund 14.45 +17.28% — — 6 ICICI Prudential Nifty Pharma Index Fund 19.94 +17.18% +22.25% — 7 ICICI Prudential Nifty200 Value 30 Index Fund 11.16 +17.04% — — 8 Motilal Oswal Nifty Capital Market Index Fund 12.68 +16.04% — — 9 Tata Nifty Capital Markets Index Fund - Direct Plan Growth Option 14.51 +15.55% — — 10 ICICI Prudential Nifty Auto Index Fund 22.05 +15.14% +21.06% — 11 Tata Nifty MidSmall Healthcare Index Fund 14.89 +15.12% — — 12 Tata Nifty Auto Index Fund 12.44 +14.87% — — 13 Nippon India Nifty Auto Index Fund - Direct Plan- Growth Option 11.71 +14.55% — — 14 Aditya Birla Sun Life Nifty India Defence Index Fund 13.48 +14.52% — — 15 Motilal Oswal Nifty India Defence Index Fund Direct Plan Growth 12.35 +13.91% — —
# Fund Name NAV (₹) 1Y Return ▼ 3Y CAGR 5Y CAGR 1 SBI FOCUSED FUND 446.68 +13.75% +16.74% +14.01% 2 Motilal Oswal Focused Fund - Direct Plan Growth Option 58.19 +13.20% +12.78% +10.91% 3 quant Focused Fund - Growth Option 104.92 +11.39% +15.71% +15.11% 4 Old Bridge Focused Fund 13.41 +10.45% — — 5 Union Focused Fund - Direct Plan - Growth Option 29.37 +9.81% +12.80% +11.86% 6 Kotak Focused Fund- Direct Plan- Growth option 30.36 +9.71% +16.46% +14.65% 7 ITI Focused Fund 17.17 +9.45% +19.60% — 8 HSBC Focused Fund 28.54 +5.73% +14.95% +14.32% 9 ICICI Prudential Focused Equity Fund 109.84 +5.21% +19.08% +18.05% 10 Aditya Birla Sun Life Focused Fund - Growth 165.31 +4.48% +14.38% +13.00% 11 JM Focused Fund (Direct) - Growth Option 23.48 +3.66% +14.87% +14.88% 12 Mahindra Manulife Focused Fund 29.62 +2.67% +16.47% +16.46% 13 HDFC Focused Fund - Growth Option 264.78 +2.48% +17.55% +19.82% 14 360 ONE Focused Fund 54.86 +2.23% +12.85% +13.27% 15 Edelweiss Focused Fund 17.56 +1.95% +14.10% —
# Fund Name NAV (₹) 1Y Return ▼ 3Y CAGR 5Y CAGR 1 Quant Value Fund - Growth Option 24.57 +19.11% +24.55% — 2 LIC MF Value Fund 29.98 +14.59% +17.27% — 3 DSP Value Fund 24.70 +11.92% +18.18% +14.20% 4 Mahindra Manulife Value Fund 12.82 +11.51% — — 5 Aditya Birla Sun Life Value Fund - Growth 153.32 +8.81% +17.58% +15.59% 6 Axis Value Fund 20.88 +7.14% +19.46% — 7 HDFC Value Fund - Growth Option 873.62 +4.92% +17.10% +15.68% 8 ITI Value Fund - Direct Plan - Growth Option 18.72 +3.48% +15.37% +13.66% 9 Kotak Contra Fund 183.00 +3.47% +17.62% +16.55% 10 HSBC Value Fund 127.83 +2.57% +18.81% — 11 Union Value Fund - Direct Plan - Growth Option 30.91 +2.30% +15.03% +14.97% 12 Groww Value Fund (formerly known as Indiabulls Value Fund) - Direct Plan - Growth Option 32.97 +1.75% +15.26% +13.48% 13 Nippon India Value Fund - Direct Plan Growth Plan 246.30 -0.12% +16.70% +15.66% 14 Tata Value Fund -Direct Plan Growth Option 395.85 -0.19% +14.24% +15.60% 15 Bandhan Value Fund 167.08 -0.23% +11.91% +14.32%
# Fund Name NAV (₹) 1Y Return ▼ 3Y CAGR 5Y CAGR 1 Unifi Dynamic Asset Allocation Fund 11.14 +7.87% — — 2 Aditya Birla Sun Life Balanced Advantage Fund - Direct Plan - Growth Option 128.78 +6.59% +12.55% +11.13% 3 BANK OF INDIA BALANCED ADVANTAGE FUND DIRECT PLAN GROWTH 28.48 +6.57% +9.92% +11.22% 4 ICICI Prudential Balanced Advantage Fund 87.31 +6.45% +12.23% +11.64% 5 Baroda BNP Paribas Balanced Advantage Fund-Direct Plan-Growth Option 28.40 +5.93% +13.18% +12.54% 6 DSP Dynamic Asset Allocation Fund 33.21 +5.52% +11.57% +9.48% 7 Edelweiss Balanced Advantage Fund -Direct Plan-Growth Option 60.36 +5.31% +11.07% +10.73% 8 BANDHAN Balanced Advantage Fund Direct Plan Growth 29.34 +5.06% +10.54% +9.24% 9 Nippon India Balanced Advantage Fund - Direct Plan Growth Plan - Growth Option 208.82 +4.73% +11.77% +10.68% 10 Mirae Asset Balanced Advantage Fund Direct Plan- Growth 15.40 +4.62% +11.08% — 11 SBI Balanced Advantage Fund 16.62 +4.58% +11.15% — 12 Tata Balanced Advantage Fund 23.69 +4.54% +10.24% +10.53% 13 Bajaj Finserv Balanced Advantage Fund 12.09 +4.04% — — 14 Axis Balanced Advantage Fund 24.11 +3.85% +12.66% +10.96% 15 Parag Parikh Dynamic Asset Allocation Fund 11.86 +3.82% — —
# Fund Name NAV (₹) 1Y Return ▼ 3Y CAGR 5Y CAGR 1 quant Aggressive Hybrid Fund-Growth Option 519.37 +15.07% +15.66% +14.53% 2 BANK OF INDIA MID & SMALL CAP EQUITY & DEBT FUND 46.23 +9.25% +19.58% +15.28% 3 Bandhan Aggressive Hybrid Fund 31.50 +7.59% +15.17% +12.95% 4 Navi Aggressive Hybrid Fund 24.95 +5.88% +12.36% +12.53% 5 HSBC Aggressive Hybrid Fund 66.65 +5.44% +13.76% — 6 Kotak Aggressive Hybrid Fund 76.95 +5.31% +14.21% +13.67% 7 SBI EQUITY HYBRID FUND 350.71 +5.21% +13.53% +11.78% 8 ICICI Prudential Equity & Debt Fund 451.50 +4.34% +15.75% +17.22% 9 Mirae Asset Aggressive Hybrid Fund 39.14 +3.99% +12.10% +11.56% 10 Union Aggressive Hybrid Fund - Direct Plan - Growth Option 19.67 +3.76% +11.68% +10.72% 11 Edelweiss Aggressive Hybrid Fund-Direct Plan-Growth Option 75.52 +3.07% +14.42% +14.87% 12 Shriram Aggressive Hybrid Fund 36.84 +2.64% +10.36% +9.85% 13 Nippon India Aggressive Hybrid Fund - Direct Plan Growth Plan 120.65 +2.52% +12.00% +12.36% 14 CANARA ROBECO EQUITY HYBRID FUND - DIRECT PLAN - GROWTH OPTION 417.01 +2.38% +11.65% +11.02% 15 Axis Aggressive Hybrid Fund - Direct Plan - Growth Option 22.83 +1.59% +10.03% +8.81%
# Fund Name NAV (₹) 1Y Return ▼ 3Y CAGR 5Y CAGR 1 Nippon India Ultra Short Duration Fund- Direct Plan- Growth Option 4,770.20 +6.80% +7.56% +6.90% 2 Tata Ultra Short Term Fund 15.99 +6.75% +7.48% +6.65% 3 Axis Ultra Short Duration Fund 16.74 +6.57% +7.42% +6.66% 4 Mirae Asset Ultra Short Duration Fund Direct Growth 1,416.34 +6.52% +7.41% +6.58% 5 ICICI Prudential Ultra Short Term Fund 32.10 +6.50% +7.40% +6.67% 6 Invesco India Ultra Short Duration Fund 3,082.16 +6.50% +7.31% +6.50% 7 LIC MF Ultra Short Duration Fund 1,445.44 +6.49% +7.15% +6.18% 8 DSP Ultra Short Fund 3,964.85 +6.48% +7.40% +6.55% 9 Aditya Birla Sun Life Savings Fund - Growth 597.92 +6.47% +7.48% +6.67% 10 Mahindra Manulife Ultra Short Duration Fund 1,508.18 +6.45% +7.29% +6.50% 11 UTI Ultra Short Duration Fund - Direct Plan - Growth Option 4,866.56 +6.42% +7.31% +7.07% 12 Franklin India Ultra Short Duration Fund 11.41 +6.39% — — 13 Baroda BNP Paribas Ultra Short Duration Fund 1,670.94 +6.36% +7.23% +6.54% 14 Sundaram Ultra Short Duration Fund (Formerly Known as Principal Ultra Short Term Fund)- Direct Plan -Growth Option 3,131.82 +6.33% +7.26% — 15 BANDHAN ULTRA SHORT DURATION FUND 16.46 +6.30% +7.14% +6.34%
Data sourced from AMFI & mfapi.in. Returns are annualised CAGR. Past performance doesn't guarantee future results. Last updated: 23 Jul 2026
Selecting the right fund depends on your investment goal, time horizon, and risk tolerance. For long-term wealth creation (7+ years), equity funds like large cap or flexi cap funds are ideal. For tax saving, ELSS funds offer the shortest lock-in of just 3 years. If you prefer stability, consider balanced advantage funds or debt funds .
Start investing with a Systematic Investment Plan (SIP) for as little as Rs 500/month. Use our SIP Calculator to estimate your future returns, or try the SIP Step-Up Calculator to see how increasing your SIP annually can dramatically boost your corpus.
