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 17.03 +9.41% +13.81% — 2 Taurus Large Cap Fund 175.93 +9.26% +13.54% +10.58% 3 BANK OF INDIA Large Cap Fund Direct Plan Growth 18.11 +8.17% +13.81% +10.03% 4 Invesco India Largecap Fund 88.94 +6.19% +14.75% +12.05% 5 BAJAJ FINSERV LARGE CAP FUND 10.56 +4.12% — — 6 BANDHAN Large Cap Fund 92.25 +4.04% +13.75% +10.97% 7 BARODA BNP PARIBAS LARGE CAP Fund – Direct Plan – Growth Option 263.26 +3.68% +12.55% — 8 Tata Large Cap Fund -Direct Plan Growth Option 596.97 +3.34% +11.22% +10.10% 9 ITI Large Cap Fund – Direct Plan – Growth Option 19.64 +3.07% +11.27% +9.57% 10 WhiteOak Capital Large Cap Fund Direct Plan Growth 16.09 +2.96% +14.14% — 11 JM Large Cap Fund (Direct) – Growth Option 181.90 +2.86% +11.71% +11.10% 12 Edelweiss Large Cap Fund – Direct Plan-Growth option 98.25 +2.41% +11.17% +10.39% 13 HSBC Large Cap Fund 542.48 +2.16% +10.75% +9.32% 14 SBI Large Cap FUND 105.18 +1.43% +9.74% +9.62% 15 Groww Largecap Fund (formerly known as Indiabulls Blue Chip Fund) – Direct Plan – Growth Option 52.92 +1.38% +11.41% +9.69%
# Fund Name NAV (₹) 1Y Return ▼ 3Y CAGR 5Y CAGR 1 HSBC Midcap Fund 538.52 +22.73% +24.57% — 2 ICICI Prudential MidCap Fund 392.86 +18.64% +21.91% +18.26% 3 WhiteOak Capital Mid Cap Fund Direct Plan Growth 23.74 +17.27% +22.41% — 4 ITI Mid Cap Fund – Direct Plan – Growth Option 26.32 +15.56% +20.83% +17.03% 5 Helios Mid Cap Fund – Direct Plan – Growth Option 14.20 +14.70% — — 6 Mahindra Manulife Mid Cap Fund 42.81 +14.69% +18.67% +18.87% 7 BARODA BNP PARIBAS Mid Cap Fund – Direct Plan – Growth Option 137.24 +13.41% +17.53% — 8 Mirae Asset Midcap Fund 44.42 +12.67% +16.42% +16.23% 9 BANDHAN MIDCAP FUND – GROWTH 20.57 +12.33% +18.35% — 10 Union Midcap Fund – Direct Plan – Growth Option 58.29 +12.18% +17.05% +15.90% 11 JM Midcap Fund (Direct) – Growth 22.87 +12.07% +18.98% — 12 Invesco India Midcap Fund – Direct Plan – Growth Option 242.25 +11.69% +23.71% +20.34% 13 Aditya Birla Sun Life Midcap Fund – Growth 975.26 +11.51% +15.76% +14.80% 14 Edelweiss Mid Cap Fund – Direct Plan – Growth Option 130.95 +11.02% +21.29% +19.20% 15 HDFC Mid Cap Fund – Growth Option 236.91 +10.84% +18.10% +19.65%
# Fund Name NAV (₹) 1Y Return ▼ 3Y CAGR 5Y CAGR 1 TRUSTMF SMALL CAP FUND 13.73 +33.75% — — 2 BANK OF INDIA Small Cap Fund Direct Plan Growth 65.41 +28.50% +22.22% +20.91% 3 Motilal Oswal Small Cap Fund 17.56 +25.14% — — 4 Union Small Cap Fund – Direct Plan – Growth Option 67.18 +24.90% +17.61% +17.96% 5 ITI Small Cap Fund – Direct Plan – Growth Option 38.23 +24.28% +25.43% +19.59% 6 Aditya Birla Sun Life Small Cap Fund – Growth 115.27 +21.33% +15.75% +14.64% 7 Mahindra Manulife Small Cap Fund 23.48 +20.94% +21.12% — 8 BAJAJ FINSERV SMALL CAP FUND 11.34 +20.68% — — 9 LIC MF Small Cap Fund 39.57 +19.93% +18.94% — 10 JM Small Cap Fund (Direct) – Growth Option 11.97 +19.81% — — 11 DSP Small Cap Fund 254.67 +19.44% +17.47% +19.14% 12 Invesco India Smallcap Fund 53.84 +18.68% +23.35% +20.75% 13 Sundaram Small Cap Fund Direct Plan – Growth 335.08 +18.25% +17.40% +17.67% 14 quant Small Cap Fund – Growth Option 312.69 +17.69% +17.85% +20.10% 15 PGIM India Small Cap Fund – Direct Plan- Growth Option 20.14 +16.32% +17.23% +14.40%
# Fund Name NAV (₹) 1Y Return ▼ 3Y CAGR 5Y CAGR 1 ITI Flexi Cap Fund 21.21 +15.78% +18.77% — 2 quant Flexi Cap Fund – Growth Option 123.48 +15.67% +15.51% +15.09% 3 BANK OF INDIA Flexi Cap Fund Direct Plan -Growth 42.58 +14.66% +19.87% +17.08% 4 Navi Flexi Cap Fund 29.70 +13.25% +11.55% +11.94% 5 Aditya Birla Sun Life Flexi Cap Fund – Growth 2,226.50 +11.31% +15.39% +12.24% 6 360 ONE FLEXICAP FUND 17.17 +11.22% +17.70% — 7 TRUSTMF Flexi Cap Fund 12.91 +11.01% — — 8 HSBC Flexi Cap Fund 265.40 +9.41% +16.40% +13.72% 9 LIC MF Flexi Cap Fund 121.27 +9.32% +12.38% +10.87% 10 Bajaj Finserv Flexi Cap Fund 16.56 +9.07% +17.60% — 11 Unifi Flexi Cap Fund 10.82 +9.03% — — 12 Taurus Flexi Cap Fund 246.16 +7.68% +11.24% +10.31% 13 ICICI Prudential Flexicap Fund 22.34 +7.23% +16.65% +15.55% 14 Helios Flexi Cap Fund – Direct Plan – Growth Option 16.29 +7.00% — — 15 Axis Flexi Cap Fund 31.93 +6.98% +14.41% +9.34%
# Fund Name NAV (₹) 1Y Return ▼ 3Y CAGR 5Y CAGR 1 Groww Multicap Fund 12.52 +20.11% — — 2 TRUSTMF MULTI CAP FUND 12.13 +19.53% — — 3 Mahindra Manulife Multi Cap Fund 46.65 +16.65% +18.02% +16.80% 4 Bank of India Multi Cap Fund Direct Plan – Growth 20.82 +15.27% +18.12% — 5 ITI Multi Cap Fund – Direct Plan – Growth Option 30.40 +14.98% +17.72% +14.69% 6 Union Multicap Fund – Direct Plan – Growth Option 18.63 +13.04% +15.31% — 7 BAJAJ FINSERV MULTI CAP FUND 12.62 +13.03% — — 8 Axis Multicap Fund 20.93 +12.72% +19.98% — 9 LIC MF Multi Cap Fund 19.84 +12.52% +18.36% — 10 Aditya Birla Sun Life Multi-Cap Fund 23.11 +11.45% +14.75% +13.55% 11 Tata Multicap Fund 16.48 +11.32% +10.81% — 12 ICICI Prudential Multicap Fund 982.35 +11.16% +16.39% +15.51% 13 HSBC Multi Cap Fund 21.53 +10.83% +18.74% — 14 PGIM India Multi Cap Fund – Direct Plan – Growth Option 11.11 +10.47% — — 15 quant Multi Cap Fund-GROWTH OPTION 729.37 +10.24% +9.97% +12.05%
# Fund Name NAV (₹) 1Y Return ▼ 3Y CAGR 5Y CAGR 1 quant Large & Mid Cap Fund – Growth Option 140.50 +14.19% +15.26% +16.09% 2 Motilal Oswal Large and Midcap Fund 40.93 +13.49% +23.09% +18.94% 3 HSBC Large & Mid Cap Fund 33.25 +13.30% +18.32% +15.06% 4 Sundaram Large and Midcap Fund Direct Plan – Growth 108.69 +12.02% +15.34% +12.63% 5 BANK OF INDIA Large & Mid Cap Fund Direct Plan-Growth 109.16 +10.51% +14.50% +12.48% 6 Invesco India Large & Mid Cap Fund 132.62 +10.16% +23.21% +17.66% 7 Axis Large & Mid Cap Fund 39.43 +8.99% +15.83% +12.87% 8 Whiteoak Capital Large & Mid Cap Fund Direct Plan Growth 14.72 +8.90% — — 9 Aditya Birla Sun Life Large & Mid Cap Fund – Growth 1,090.38 +8.78% +11.80% +8.38% 10 Mahindra Manulife Large & Mid Cap Fund 31.78 +8.64% +13.11% +13.64% 11 Helios Large & Mid Cap Fund – Direct Plan – Growth Option 11.75 +8.55% — — 12 Navi Large & Midcap Fund- Direct Plan- Growth Option 45.49 +8.25% +10.60% +11.58% 13 ITI Large & Midcap Fund 10.36 +8.21% — — 14 Edelweiss Large & Mid Cap Fund – Direct Plan – Growth Option 109.94 +8.10% +14.95% +13.75% 15 Union Large & Midcap Fund – Direct Plan – Growth Option 29.96 +7.93% +13.35% +12.23%
# Fund Name NAV (₹) 1Y Return ▼ 3Y CAGR 5Y CAGR 1 quant ELSS Tax Saver Fund – Growth Option 466.49 +16.27% +15.13% +15.63% 2 Motilal Oswal ELSS Tax Saver Fund – Direct Plan – Growth Option 66.44 +14.96% +22.34% +17.49% 3 JM ELSS Tax Saver Fund (Direct) – Growth Option 61.16 +10.29% +16.31% +14.85% 4 Tata ELSS Fund-Growth 55.59 +10.06% +13.25% +12.91% 5 ITI ELSS Tax Saver Fund – Direct Plan – Growth Option 29.32 +9.01% +17.93% +13.71% 6 Edelweiss ELSS Tax Saver Fund – Direct Plan-Growth Option 141.96 +8.60% +13.99% +12.53% 7 HSBC ELSS Tax saver Fund 158.01 +7.79% +16.33% — 8 BARODA BNP PARIBAS ELSS Tax Saver Fund – Direct Plan – Growth Option 117.27 +7.33% +15.43% — 9 BAJAJ FINSERV ELSS TAX SAVER FUND 11.98 +7.02% — — 10 BANK OF INDIA ELSS Tax Saver 197.25 +6.67% +12.57% +11.61% 11 WhiteOak Capital ELSS Tax Saver Fund Direct Plan Growth 19.57 +6.33% +16.99% — 12 Mirae Asset ELSS Tax Saver Fund 58.21 +4.72% +12.67% +11.47% 13 Kotak ELSS Tax Saver Fund-Growth 140.57 +3.74% +11.44% +12.18% 14 BANDHAN ELSS Tax Saver Fund 181.72 +3.48% +9.58% +12.12% 15 Nippon India ELSS Tax Saver Fund – Direct Plan Growth Plan – Growth Option 146.10 +3.17% +12.42% +12.14%
# Fund Name NAV (₹) 1Y Return ▼ 3Y CAGR 5Y CAGR 1 ICICI Prudential NASDAQ 100 Index Fund 24.94 +32.87% +30.02% — 2 Aditya Birla Sun Life Nifty India Defence Index Fund 14.09 +29.46% — — 3 Motilal Oswal Nifty India Defence Index Fund Direct Plan Growth 12.91 +28.86% — — 4 Motilal Oswal S&P 500 Index Fund 34.16 +27.85% +25.62% +17.42% 5 Tata Nifty Capital Markets Index Fund – Direct Plan Growth Option 14.48 +26.85% — — 6 Motilal Oswal Nifty Capital Market Index Fund 12.65 +25.61% — — 7 Motilal Oswal Nifty MidSmall Financial Services Index Fund 14.75 +25.16% — — 8 SBI BSE PSU BANK INDEX FUND 14.01 +24.09% — — 9 Edelweiss MSCI India Domestic & World Healthcare 45 Index Fund Direct Plan – Growth 24.59 +21.37% +19.36% +13.52% 10 ICICI Prudential Nifty Pharma Index Fund 20.40 +20.91% +19.96% — 11 Kotak Nifty Smallcap 50 Index Fund 23.17 +18.10% +19.75% — 12 Axis Nifty Smallcap 50 Index Fund – Direct Plan – Growth Option 21.09 +18.09% +19.43% — 13 Aditya Birla Sun Life Nifty Smallcap 50 Index Fund 24.26 +18.04% +19.03% +13.68% 14 ICICI Prudential Nifty200 Value 30 Index Fund 11.11 +17.41% — — 15 Motilal Oswal Nifty MidSmall Healthcare Index Fund 12.57 +16.91% — —
# Fund Name NAV (₹) 1Y Return ▼ 3Y CAGR 5Y CAGR 1 Motilal Oswal Focused Fund – Direct Plan Growth Option 62.81 +28.75% +14.34% +10.65% 2 Old Bridge Focused Fund 14.24 +19.81% — — 3 SBI FOCUSED FUND 454.18 +14.21% +16.49% +12.60% 4 ITI Focused Fund 17.72 +13.96% +19.44% — 5 quant Focused Fund – Growth Option 105.73 +13.19% +13.67% +13.82% 6 HSBC Focused Fund 29.96 +11.44% +15.54% +12.94% 7 Kotak Focused Fund- Direct Plan- Growth option 31.18 +9.09% +15.27% +12.63% 8 Union Focused Fund – Direct Plan – Growth Option 30.14 +8.93% +12.32% +10.26% 9 Invesco India Focused Fund 32.42 +7.17% +22.45% +16.05% 10 Bandhan Focused Fund 105.59 +6.95% +15.69% +12.77% 11 360 ONE Focused Fund 56.12 +6.91% +11.80% +11.80% 12 Sundaram Focused Fund (Formerly Known as Principal Focused Multicap Fund)- Direct Plan – Growth Option 189.56 +6.19% +11.26% — 13 Aditya Birla Sun Life Focused Fund – Growth 169.85 +5.64% +12.95% +10.87% 14 JM Focused Fund (Direct) – Growth Option 24.70 +5.05% +12.91% +13.39% 15 DSP Focused Fund 63.49 +4.36% +13.03% +10.63%
# Fund Name NAV (₹) 1Y Return ▼ 3Y CAGR 5Y CAGR 1 LIC MF Value Fund 31.76 +22.18% +17.15% — 2 Quant Value Fund – Growth Option 24.03 +21.60% +20.31% — 3 Aditya Birla Sun Life Value Fund – Growth 156.94 +16.23% +14.74% +15.02% 4 Mahindra Manulife Value Fund 13.04 +14.92% — — 5 Axis Value Fund 21.75 +11.69% +18.30% +16.75% 6 DSP Value Fund 25.05 +9.85% +16.29% +12.93% 7 HDFC Value Fund – Growth Option 900.08 +9.26% +15.92% +14.38% 8 ITI Value Fund – Direct Plan – Growth Option 19.13 +8.01% +13.58% +13.22% 9 HSBC Value Fund 130.49 +6.58% +15.97% — 10 Tata Value Fund -Direct Plan Growth Option 403.20 +4.61% +13.03% +13.94% 11 Union Value Fund – Direct Plan – Growth Option 31.36 +4.08% +12.42% +13.05% 12 Kotak Contra Fund 186.19 +3.72% +15.23% +14.66% 13 Groww Value Fund (formerly known as Indiabulls Value Fund) – Direct Plan – Growth Option 33.56 +3.10% +13.00% +11.85% 14 JM Value Fund (Direct) – Growth Option 110.57 +2.26% +12.26% +15.41% 15 Bandhan Value Fund 170.58 +2.01% +10.22% +13.33%
# Fund Name NAV (₹) 1Y Return ▼ 3Y CAGR 5Y CAGR 1 Baroda BNP Paribas Balanced Advantage Fund-Direct Plan-Growth Option 29.02 +8.88% +12.22% +11.37% 2 Unifi Dynamic Asset Allocation Fund 11.21 +8.67% — — 3 Aditya Birla Sun Life Balanced Advantage Fund – Direct Plan – Growth Option 131.45 +8.56% +11.98% +10.61% 4 Edelweiss Balanced Advantage Fund -Direct Plan-Growth Option 61.80 +6.87% +10.81% +9.70% 5 BANK OF INDIA BALANCED ADVANTAGE FUND DIRECT PLAN GROWTH 28.86 +6.50% +9.20% +10.65% 6 BANDHAN Balanced Advantage Fund Direct Plan Growth 29.86 +6.37% +10.20% +8.40% 7 Bajaj Finserv Balanced Advantage Fund 12.37 +6.01% — — 8 Mirae Asset Balanced Advantage Fund 15.64 +5.92% +10.29% — 9 ICICI Prudential Balanced Advantage Fund 89.82 +5.86% +11.48% +11.08% 10 Mahindra Manulife Balanced Advantage Fund 16.33 +5.79% +11.17% — 11 DSP Dynamic Asset Allocation Fund 33.61 +5.74% +10.68% +8.91% 12 WhiteOak Capital Balanced Advantage Fund Direct Plan Growth 15.78 +5.51% +12.12% — 13 Nippon India Balanced Advantage Fund – Direct Plan Growth Plan – Growth Option 212.63 +4.93% +10.85% +9.98% 14 Helios Balanced Advantage Fund- Direct Plan- Growth Option 12.05 +4.63% — — 15 Kotak Balanced Advantage Fund – Direct Plan -Growth Option 23.45 +4.55% +9.85% +9.30%
# Fund Name NAV (₹) 1Y Return ▼ 3Y CAGR 5Y CAGR 1 BANK OF INDIA MID & SMALL CAP EQUITY & DEBT FUND 47.55 +16.57% +17.46% +15.15% 2 quant Aggressive Hybrid Fund-Growth Option 516.53 +11.58% +12.85% +13.07% 3 Navi Aggressive Hybrid Fund 26.01 +11.16% +12.36% +11.77% 4 Bandhan Aggressive Hybrid Fund 32.43 +9.72% +14.85% +11.99% 5 HSBC Aggressive Hybrid Fund 68.91 +7.93% +13.24% — 6 SBI EQUITY HYBRID FUND 354.73 +6.59% +12.51% +10.37% 7 Kotak Aggressive Hybrid Fund 78.73 +5.95% +12.87% +12.56% 8 Mirae Asset Aggressive Hybrid Fund 39.86 +5.76% +11.25% +10.25% 9 Union Aggressive Hybrid Fund – Direct Plan – Growth Option 20.14 +5.17% +10.87% +9.42% 10 LIC MF Aggressive Hybrid Fund 235.03 +5.09% +11.39% +9.16% 11 Edelweiss Aggressive Hybrid Fund-Direct Plan-Growth Option 77.05 +4.74% +13.51% +13.73% 12 Axis Aggressive Hybrid Fund – Direct Plan – Growth Option 23.36 +3.90% +10.09% +7.29% 13 Shriram Aggressive Hybrid Fund 37.59 +3.71% +9.50% +8.29% 14 CANARA ROBECO EQUITY HYBRID FUND – DIRECT PLAN – GROWTH OPTION 426.72 +3.67% +10.89% +9.58% 15 Aditya Birla Sun Life Equity Hybrid'95 Fund 1,772.38 +3.28% +10.41% +8.48%
# Fund Name NAV (₹) 1Y Return ▼ 3Y CAGR 5Y CAGR 1 Tata Ultra Short Term Fund 16.08 +7.09% +7.55% +6.77% 2 Nippon India Ultra Short Duration Fund- Direct Plan- Growth Option 4,796.76 +7.07% +7.61% +6.98% 3 Axis Ultra Short Duration Fund 16.84 +6.87% +7.48% +6.77% 4 ICICI Prudential Ultra Short Term Fund 32.27 +6.82% +7.46% +6.77% 5 DSP Ultra Short Fund 3,986.96 +6.81% +7.45% +6.64% 6 LIC MF Ultra Short Duration Fund 1,453.47 +6.79% +7.25% +6.29% 7 Aditya Birla Sun Life Savings Fund – Growth 601.13 +6.76% +7.53% +6.76% 8 UTI Ultra Short Duration Fund – Direct Plan – Growth Option 4,892.81 +6.76% +7.36% +7.19% 9 Mahindra Manulife Ultra Short Duration Fund 1,516.45 +6.73% +7.33% +6.59% 10 Baroda BNP Paribas Ultra Short Duration Fund 1,680.11 +6.69% +7.27% +6.64% 11 CANARA ROBECO ULTRA SHORT TERM FUND – DIRECT PLAN – GROWTH OPTION 4,342.23 +6.65% +7.10% +6.31% 12 Sundaram Ultra Short Duration Fund (Formerly Known as Principal Ultra Short Term Fund)- Direct Plan -Growth Option 3,148.83 +6.64% +7.31% — 13 Franklin India Ultra Short Duration Fund 11.48 +6.62% — — 14 BANDHAN ULTRA SHORT DURATION FUND 16.56 +6.60% +7.20% +6.45% 15 BANK OF INDIA Ultra Short Duration Fund 3,513.32 +6.60% +6.95% +6.22%
Data sourced from AMFI & mfapi.in. Returns are annualised CAGR. Past performance doesn’t guarantee future results. Last updated: 18 Aug 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.
