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 17.16 +11.96% +15.52% — 2 Taurus Large Cap Fund 179.13 +10.52% +14.61% +11.51% 3 BANK OF INDIA Large Cap Fund Direct Plan Growth 18.05 +9.72% +14.73% +11.73% 4 Invesco India Largecap Fund 89.01 +9.64% +15.88% +13.57% 5 BAJAJ FINSERV LARGE CAP FUND 10.66 +8.85% — — 6 Tata Large Cap Fund -Direct Plan Growth Option 602.47 +7.50% +12.40% +11.90% 7 JM Large Cap Fund (Direct) - Growth Option 182.08 +6.79% +13.09% +12.63% 8 BANDHAN Large Cap Fund 93.00 +6.76% +14.75% +12.89% 9 WhiteOak Capital Large Cap Fund Direct Plan Growth 16.16 +5.96% +15.40% — 10 HSBC Large Cap Fund 546.56 +5.84% +12.38% +11.41% 11 Groww Largecap Fund (formerly known as Indiabulls Blue Chip Fund) - Direct Plan - Growth Option 53.13 +5.44% +12.87% +11.38% 12 BARODA BNP PARIBAS LARGE CAP Fund - Direct Plan - Growth Option 262.77 +5.41% +13.53% — 13 SBI Large Cap FUND 106.06 +4.89% +10.99% +11.36% 14 Edelweiss Large Cap Fund - Direct Plan-Growth option 98.87 +4.88% +12.07% +12.10% 15 Franklin India Large Cap Fund 1,161.02 +4.78% +11.75% +9.93%
# Fund Name NAV (₹) 1Y Return ▼ 3Y CAGR 5Y CAGR 1 HSBC Midcap Fund 534.52 +22.35% +26.04% — 2 WhiteOak Capital Mid Cap Fund Direct Plan Growth 23.43 +19.16% +23.84% — 3 Helios Mid Cap Fund - Direct Plan - Growth Option 14.14 +18.92% — — 4 ICICI Prudential MidCap Fund 388.72 +17.47% +24.00% +18.45% 5 Mahindra Manulife Mid Cap Fund 42.60 +16.68% +22.59% +19.44% 6 BARODA BNP PARIBAS Mid Cap Fund - Direct Plan - Growth Option 136.57 +16.21% +19.87% — 7 ITI Mid Cap Fund - Direct Plan - Growth Option 26.17 +15.62% +23.27% +17.51% 8 Mirae Asset Midcap Fund- Direct Growth Option 44.31 +15.20% +18.58% +17.02% 9 Union Midcap Fund - Direct Plan - Growth Option 57.45 +14.68% +19.21% +17.08% 10 JM Midcap Fund (Direct) - Growth 22.74 +13.52% +21.75% — 11 HDFC Mid Cap Fund - Growth Option 236.72 +13.45% +20.37% +20.87% 12 Invesco India Midcap Fund - Direct Plan - Growth Option 243.44 +13.43% +26.14% +21.04% 13 Edelweiss Mid Cap Fund - Direct Plan - Growth Option 129.72 +13.20% +23.55% +19.91% 14 Sundaram Mid Cap Fund Direct Plan - Growth 1,683.58 +12.84% +21.92% +19.09% 15 Nippon India Growth Mid Cap Fund - Direct Plan Growth Plan - Growth Option 5,049.27 +12.70% +21.73% +19.97%
# Fund Name NAV (₹) 1Y Return ▼ 3Y CAGR 5Y CAGR 1 TRUSTMF SMALL CAP FUND 13.55 +33.89% — — 2 Motilal Oswal Small Cap Fund 17.54 +27.16% — — 3 Union Small Cap Fund - Direct Plan - Growth Option 65.91 +25.95% +19.70% +18.19% 4 BANK OF INDIA Small Cap Fund Direct Plan Growth 64.43 +25.11% +23.25% +20.52% 5 JM Small Cap Fund (Direct) - Growth Option 11.90 +21.30% — — 6 Aditya Birla Sun Life Small Cap Fund - Growth 113.96 +21.08% +16.97% +14.49% 7 Sundaram Small Cap Fund Direct Plan - Growth 332.65 +20.10% +19.25% +18.09% 8 ITI Small Cap Fund - Direct Plan - Growth Option 37.67 +19.81% +26.27% +18.63% 9 Invesco India Smallcap Fund 54.14 +19.67% +24.49% +21.17% 10 DSP Small Cap Fund 250.82 +19.42% +18.38% +18.32% 11 quant Small Cap Fund - Growth Option 315.58 +17.69% +19.35% +19.67% 12 BAJAJ FINSERV SMALL CAP FUND 11.26 +17.60% — — 13 LIC MF Small Cap Fund 38.97 +17.33% +19.44% — 14 Mahindra Manulife Small Cap Fund 23.27 +17.30% +22.36% — 15 PGIM India Small Cap Fund - Direct Plan- Growth Option 19.82 +16.04% +17.05% +14.62%
# Fund Name NAV (₹) 1Y Return ▼ 3Y CAGR 5Y CAGR 1 quant Flexi Cap Fund - Growth Option 124.09 +20.53% +18.12% +16.46% 2 BANK OF INDIA Flexi Cap Fund Direct Plan -Growth 42.49 +18.16% +21.67% +17.95% 3 Navi Flexi Cap Fund 29.66 +16.35% +13.49% +13.42% 4 ITI Flexi Cap Fund 21.11 +15.53% +20.21% — 5 Aditya Birla Sun Life Flexi Cap Fund - Growth 2,237.96 +14.94% +17.13% +13.65% 6 ICICI Prudential Flexicap Fund 22.38 +14.63% +18.74% +16.93% 7 360 ONE FLEXICAP FUND 17.26 +14.09% +19.20% — 8 TRUSTMF Flexi Cap Fund 12.77 +14.02% — — 9 LIC MF Flexi Cap Fund 120.42 +13.57% +13.90% +12.07% 10 Bajaj Finserv Flexi Cap Fund 16.60 +13.07% +18.33% — 11 Helios Flexi Cap Fund - Direct Plan - Growth Option 16.19 +11.41% — — 12 Taurus Flexi Cap Fund 250.40 +10.23% +13.20% +11.30% 13 WhiteOak Capital Flexi Cap Fund Direct Plan-Growth 19.41 +9.91% +16.90% — 14 Axis Flexi Cap Fund 31.78 +9.89% +15.31% +11.00% 15 HSBC Flexi Cap Fund 263.92 +9.50% +17.31% +14.69%
# Fund Name NAV (₹) 1Y Return ▼ 3Y CAGR 5Y CAGR 1 Groww Multicap Fund 12.36 +21.48% — — 2 TRUSTMF MULTI CAP FUND 11.94 +20.24% — — 3 Bank of India Multi Cap Fund Direct Plan - Growth 20.72 +16.67% +19.94% — 4 ITI Multi Cap Fund - Direct Plan - Growth Option 29.95 +16.22% +18.88% +14.77% 5 Tata Multicap Fund 16.63 +15.80% +12.81% — 6 Union Multicap Fund - Direct Plan - Growth Option 18.42 +15.63% +16.83% — 7 BAJAJ FINSERV MULTI CAP FUND 12.65 +15.36% — — 8 LIC MF Multi Cap Fund 19.75 +14.21% +19.80% — 9 Motilal Oswal Multi Cap Fund 15.01 +14.00% — — 10 Mahindra Manulife Multi Cap Fund 46.15 +13.87% +19.13% +17.19% 11 ICICI Prudential Multicap Fund 985.99 +13.78% +18.28% +16.57% 12 PGIM India Multi Cap Fund - Direct Plan - Growth Option 11.07 +13.54% — — 13 HSBC Multi Cap Fund 21.20 +13.25% +20.92% — 14 Franklin India Multi Cap Fund 11.37 +13.20% — — 15 Kotak Multicap Fund 21.96 +12.88% +19.44% —
# Fund Name NAV (₹) 1Y Return ▼ 3Y CAGR 5Y CAGR 1 HSBC Large & Mid Cap Fund 33.10 +14.81% +19.73% +16.23% 2 quant Large & Mid Cap Fund - Growth Option 142.14 +14.17% +17.35% +17.44% 3 Sundaram Large and Midcap Fund Direct Plan - Growth 107.37 +13.74% +16.63% +14.50% 4 Invesco India Large & Mid Cap Fund 133.17 +12.77% +25.13% +18.87% 5 BANK OF INDIA Large & Mid Cap Fund Direct Plan-Growth 109.30 +11.40% +15.62% +13.21% 6 Whiteoak Capital Large & Mid Cap Fund Direct Plan Growth 14.68 +11.01% — — 7 Aditya Birla Sun Life Large & Mid Cap Fund - Growth 1,085.96 +10.57% +13.68% +9.97% 8 Union Large & Midcap Fund - Direct Plan - Growth Option 29.79 +10.51% +14.88% +14.09% 9 Navi Large & Midcap Fund- Direct Plan- Growth Option 45.31 +10.50% +12.06% +13.07% 10 ICICI Prudential Large & Mid Cap Fund 1,202.39 +10.45% +18.02% +18.24% 11 Motilal Oswal Large and Midcap Fund 40.08 +10.29% +23.68% +19.59% 12 JM Large & Mid Cap Fund (Direct) - Growth Option 11.03 +10.24% — — 13 Axis Large & Mid Cap Fund 39.30 +10.19% +17.17% +14.04% 14 Helios Large & Mid Cap Fund - Direct Plan - Growth Option 11.68 +10.07% — — 15 Mirae Asset Large & Midcap Fund 181.45 +9.68% +14.56% +12.63%
# Fund Name NAV (₹) 1Y Return ▼ 3Y CAGR 5Y CAGR 1 quant ELSS Tax Saver Fund - Growth Option 468.86 +17.08% +17.05% +15.92% 2 JM ELSS Tax Saver Fund (Direct) - Growth Option 61.33 +14.57% +18.15% +16.29% 3 Motilal Oswal ELSS Tax Saver Fund - Direct Plan - Growth Option 64.82 +12.74% +23.02% +18.05% 4 Edelweiss ELSS Tax Saver Fund - Direct Plan-Growth Option 142.04 +12.39% +15.75% +13.83% 5 BARODA BNP PARIBAS ELSS Tax Saver Fund - Direct Plan - Growth Option 117.00 +11.63% +17.58% — 6 ITI ELSS Tax Saver Fund - Direct Plan - Growth Option 29.36 +10.75% +19.59% +14.20% 7 Tata ELSS Fund-Growth 55.26 +10.61% +14.39% +14.19% 8 BAJAJ FINSERV ELSS TAX SAVER FUND 12.08 +9.52% — — 9 HSBC ELSS Tax saver Fund 158.43 +9.20% +18.03% — 10 Mirae Asset ELSS Tax Saver Fund 58.76 +9.16% +14.30% +13.06% 11 WhiteOak Capital ELSS Tax Saver Fund Direct Plan Growth 19.50 +8.35% +18.45% — 12 BANK OF INDIA ELSS Tax Saver 197.26 +8.18% +14.54% +12.82% 13 CANARA ROBECO ELSS TAX SAVER - DIRECT PLAN - GROWTH OPTION 206.13 +7.66% +13.63% +12.26% 14 BANDHAN ELSS Tax Saver Fund 182.96 +7.24% +11.71% +13.26% 15 Kotak ELSS Tax Saver Fund-Growth 140.76 +6.90% +13.21% +13.47%
# Fund Name NAV (₹) 1Y Return ▼ 3Y CAGR 5Y CAGR 1 ICICI Prudential NASDAQ 100 Index Fund 24.61 +37.02% +30.10% — 2 Motilal Oswal S&P 500 Index Fund 34.07 +32.68% +25.54% +17.91% 3 SBI BSE PSU BANK INDEX FUND 14.08 +25.20% — — 4 Edelweiss MSCI India Domestic & World Healthcare 45 Index Fund Direct Plan - Growth 24.70 +24.58% +19.28% +13.83% 5 ICICI Prudential Nifty Auto Index Fund 23.99 +24.56% +24.63% — 6 Tata Nifty Auto Index Fund 13.54 +24.26% — — 7 Motilal Oswal Nifty MidSmall Financial Services Index Fund 14.58 +24.10% — — 8 Motilal Oswal Nifty India Defence Index Fund Direct Plan Growth 12.75 +24.04% — — 9 ICICI Prudential Nifty Pharma Index Fund 20.56 +23.49% +19.71% — 10 Nippon India Nifty Auto Index Fund - Direct Plan- Growth Option 12.74 +23.17% — — 11 ICICI Prudential Nifty200 Value 30 Index Fund 11.35 +21.67% — — 12 Bandhan Nifty 500 Value 50 Index Fund Direct Plan - Growth 11.62 +21.26% — — 13 Tata Nifty Capital Markets Index Fund - Direct Plan Growth Option 14.17 +20.65% — — 14 Axis Nifty500 Value 50 Index Fund - Direct Plan - Growth Option 11.75 +20.62% — — 15 Aditya Birla Sun Life Nifty India Defence Index Fund 13.93 +20.00% — —
# Fund Name NAV (₹) 1Y Return ▼ 3Y CAGR 5Y CAGR 1 Old Bridge Focused Fund 14.36 +24.78% — — 2 Motilal Oswal Focused Fund - Direct Plan Growth Option 61.75 +23.36% +13.37% +11.17% 3 SBI FOCUSED FUND 452.69 +18.00% +17.10% +14.14% 4 quant Focused Fund - Growth Option 105.80 +14.55% +15.08% +14.20% 5 Kotak Focused Fund- Direct Plan- Growth option 31.27 +14.29% +17.09% +14.60% 6 ITI Focused Fund 17.69 +13.18% +20.09% — 7 Union Focused Fund - Direct Plan - Growth Option 29.87 +11.82% +13.22% +11.63% 8 Aditya Birla Sun Life Focused Fund - Growth 171.19 +11.29% +14.98% +13.04% 9 HSBC Focused Fund 29.53 +11.13% +16.22% +14.27% 10 360 ONE Focused Fund 56.33 +9.35% +13.65% +12.86% 11 ICICI Prudential Focused Equity Fund 112.23 +8.98% +18.99% +17.54% 12 JM Focused Fund (Direct) - Growth Option 24.59 +8.93% +15.17% +15.44% 13 LIC MF Focused Fund 24.94 +8.31% +11.17% — 14 Sundaram Focused Fund (Formerly Known as Principal Focused Multicap Fund)- Direct Plan - Growth Option 188.36 +7.98% +12.09% — 15 Edelweiss Focused Fund 18.15 +7.71% +15.33% —
# Fund Name NAV (₹) 1Y Return ▼ 3Y CAGR 5Y CAGR 1 LIC MF Value Fund 31.74 +27.05% +19.39% — 2 Quant Value Fund - Growth Option 24.23 +20.32% +22.07% — 3 Mahindra Manulife Value Fund 13.04 +17.89% — — 4 Aditya Birla Sun Life Value Fund - Growth 156.81 +17.37% +17.11% +15.38% 5 DSP Value Fund 25.17 +15.65% +17.76% +14.24% 6 Axis Value Fund 21.70 +14.51% +20.09% — 7 HDFC Value Fund - Growth Option 903.30 +11.82% +17.78% +15.72% 8 ITI Value Fund - Direct Plan - Growth Option 19.12 +10.17% +15.14% +13.80% 9 HSBC Value Fund 130.26 +8.17% +18.82% — 10 Kotak Contra Fund 187.15 +7.97% +17.75% +16.33% 11 Union Value Fund - Direct Plan - Growth Option 31.48 +7.73% +14.70% +14.44% 12 Tata Value Fund -Direct Plan Growth Option 402.95 +6.25% +14.53% +15.28% 13 Groww Value Fund (formerly known as Indiabulls Value Fund) - Direct Plan - Growth Option 33.75 +5.89% +15.47% +13.31% 14 Bandhan Value Fund 171.60 +5.67% +12.32% +14.35% 15 Baroda BNP Paribas Value Fund - Direct Plan - Growth option 14.51 +5.43% +10.79% —
# Fund Name NAV (₹) 1Y Return ▼ 3Y CAGR 5Y CAGR 1 Aditya Birla Sun Life Balanced Advantage Fund - Direct Plan - Growth Option 131.72 +10.27% +12.99% +11.26% 2 ICICI Prudential Balanced Advantage Fund 89.95 +9.73% +12.93% +11.89% 3 BANK OF INDIA BALANCED ADVANTAGE FUND DIRECT PLAN GROWTH 29.01 +9.52% +10.58% +11.47% 4 Baroda BNP Paribas Balanced Advantage Fund-Direct Plan-Growth Option 28.88 +9.24% +13.37% +12.45% 5 Edelweiss Balanced Advantage Fund -Direct Plan-Growth Option 61.96 +9.16% +11.81% +10.69% 6 Bajaj Finserv Balanced Advantage Fund 12.40 +8.94% — — 7 Unifi Dynamic Asset Allocation Fund 11.20 +8.20% — — 8 Nippon India Balanced Advantage Fund - Direct Plan Growth Plan - Growth Option 212.89 +7.73% +12.20% +10.72% 9 BANDHAN Balanced Advantage Fund Direct Plan Growth 29.88 +7.59% +11.11% +9.12% 10 Mirae Asset Balanced Advantage Fund Direct Plan- Growth 15.67 +7.27% +11.36% — 11 Mahindra Manulife Balanced Advantage Fund 16.28 +6.97% +12.58% — 12 Tata Balanced Advantage Fund 23.93 +6.76% +10.19% +10.39% 13 WhiteOak Capital Balanced Advantage Fund Direct Plan Growth 15.80 +6.75% +13.01% — 14 DSP Dynamic Asset Allocation Fund 33.62 +6.71% +11.75% +9.53% 15 SBI Balanced Advantage Fund 16.82 +6.60% +11.28% —
# Fund Name NAV (₹) 1Y Return ▼ 3Y CAGR 5Y CAGR 1 quant Aggressive Hybrid Fund-Growth Option 523.45 +16.01% +15.12% +13.86% 2 BANK OF INDIA MID & SMALL CAP EQUITY & DEBT FUND 46.93 +15.82% +18.64% +15.59% 3 Navi Aggressive Hybrid Fund 26.09 +13.22% +13.49% +13.02% 4 Bandhan Aggressive Hybrid Fund 32.57 +13.12% +15.99% +13.07% 5 Kotak Aggressive Hybrid Fund 79.00 +9.29% +14.77% +13.65% 6 HSBC Aggressive Hybrid Fund 68.17 +9.06% +14.47% — 7 Mirae Asset Aggressive Hybrid Fund 39.94 +8.26% +12.42% +11.38% 8 SBI EQUITY HYBRID FUND 355.68 +8.00% +13.73% +11.62% 9 Edelweiss Aggressive Hybrid Fund-Direct Plan-Growth Option 77.40 +7.86% +15.08% +14.91% 10 ICICI Prudential Equity & Debt Fund 459.17 +7.29% +15.41% +16.56% 11 Axis Aggressive Hybrid Fund - Direct Plan - Growth Option 23.45 +7.03% +10.95% +8.76% 12 Union Aggressive Hybrid Fund - Direct Plan - Growth Option 20.04 +6.85% +12.16% +10.69% 13 CANARA ROBECO EQUITY HYBRID FUND - DIRECT PLAN - GROWTH OPTION 429.49 +6.59% +12.53% +11.15% 14 Shriram Aggressive Hybrid Fund 37.86 +6.26% +11.36% +9.89% 15 Nippon India Aggressive Hybrid Fund - Direct Plan Growth Plan 123.71 +6.25% +12.55% +12.41%
# Fund Name NAV (₹) 1Y Return ▼ 3Y CAGR 5Y CAGR 1 Nippon India Ultra Short Duration Fund- Direct Plan- Growth Option 4,788.09 +6.90% +7.59% +6.94% 2 Tata Ultra Short Term Fund 16.05 +6.88% +7.51% +6.70% 3 Mirae Asset Ultra Short Duration Fund Direct Growth 1,421.97 +6.68% +7.45% +6.63% 4 Axis Ultra Short Duration Fund 16.81 +6.67% +7.45% +6.71% 5 ICICI Prudential Ultra Short Term Fund 32.21 +6.65% +7.43% +6.72% 6 DSP Ultra Short Fund 3,979.77 +6.62% +7.43% +6.59% 7 LIC MF Ultra Short Duration Fund 1,450.62 +6.60% +7.19% +6.22% 8 ICICI Prudential Short Term Fund - Direct Plan - Growth Option 70.69 +6.58% +8.06% +7.32% 9 Aditya Birla Sun Life Savings Fund - Growth 600.06 +6.57% +7.50% +6.70% 10 UTI Ultra Short Duration Fund - Direct Plan - Growth Option 4,883.88 +6.56% +7.33% +7.13% 11 Mahindra Manulife Ultra Short Duration Fund 1,513.51 +6.55% +7.31% +6.54% 12 Baroda BNP Paribas Ultra Short Duration Fund 1,676.95 +6.48% +7.26% +6.58% 13 Franklin India Ultra Short Duration Fund 11.46 +6.48% — — 14 HSBC Ultra Short Duration Fund 1,472.97 +6.46% +7.24% +6.49% 15 Mahindra Manulife Short Duration Fund 14.29 +6.45% +7.98% +6.80%
Data sourced from AMFI & mfapi.in. Returns are annualised CAGR. Past performance doesn't guarantee future results. Last updated: 08 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.
