Best FoF (Domestic) Mutual Funds
A Fund of Funds invests in other mutual fund schemes rather than directly in securities. This adds a layer of convenience, and a second layer of expenses.
We currently track 127 direct-plan FoF (Domestic) schemes from 26 fund houses with a median 5-year CAGR of 9.5%. Every figure below is calculated from official daily NAV history and refreshed each day. Use the column headers to re-rank the table by any period — the best 1-year performer is often not the best over 5 or 10 years, which is exactly why we default to the longer horizon.
Showing 50 of 127 schemes · sorted by Y5 low to high · page 1 of 3
- Mirae Asset Nifty 100 ESG Sector Leaders Fund of Fund - Direct Plan - GrowthMirae Asset · Other₹16.85#11Y-11.34%3Y+5.17%5Y+4.40%10Y—
- Motilal Oswal 5 Year G-Sec Fund of Fund - Direct Plan - GrowthMotilal Oswal · Other₹13.16#21Y+2.77%3Y+6.90%5Y+5.62%10Y—
- DSP Income Plus Arbitrage Omni FoF - Direct Plan - GrowthDSP · Other₹23.90#31Y+4.47%3Y+10.47%5Y+6.07%10Y+8.32%
- HSBC Income Plus Arbitrage Active FOF (erstwhile HSBC Managed Solution India - Conservative Plan) - Direct Plan - GrowthHSBC · Other₹24.23#41Y+4.82%3Y+7.43%5Y+6.18%10Y+6.41%
- Aditya Birla Sun Life Income Plus Arbitrage Active FOF - Direct Plan - GROWTHAditya Birla Sun Life · Other₹42.31#51Y+4.91%3Y+7.17%5Y+6.22%10Y+6.59%
- Bandhan Conservative Hybrid Passive FOF - Direct Plan - GrowthBandhan · Other₹36.83#61Y+1.04%3Y+7.04%5Y+6.23%10Y+7.28%
- Bandhan Income Plus Arbitrage Active FOF - Direct Plan - GrowthBandhan · Other₹49.44#71Y+5.69%3Y+7.38%5Y+6.30%10Y+7.02%
- Bharat Bond FOF - April 2030 - Direct Plan - GrowthEdelweiss · Other₹15.95#81Y+3.48%3Y+7.29%5Y+6.31%10Y—
- ICICI Prudential Diversified Debt Strategy Active FOF - Direct Plan - GrowthICICI Prudential · Other₹49.64#91Y+4.01%3Y+7.01%5Y+6.31%10Y+7.05%
- BHARAT Bond FOF- April 2031 - Direct Plan - GrowthEdelweiss · Other₹14.29#101Y+3.58%3Y+7.41%5Y+6.31%10Y—
- Axis Income Plus Arbitrage Omni FOF - Direct Plan - Growth OptionAxis · Other₹15.77#111Y+5.47%3Y+7.92%5Y+6.64%10Y—
- ICICI Prudential Nifty 100 Low Volatility 30 ETF FOF - Direct Plan - GrowthICICI Prudential · Other₹16.95#121Y-9.29%3Y+7.37%5Y+6.78%10Y—
- ICICI Prudential Nifty Alpha Low - Volatility 30 ETF FOF - Direct Plan - GrowthICICI Prudential · Other₹13.85#131Y-7.62%3Y+7.35%5Y+6.90%10Y—
- Bandhan Multi-Asset Passive FOF - Direct Plan - GrowthBandhan · Other₹43.83#141Y-0.19%3Y+8.56%5Y+7.19%10Y+8.43%
- Mirae Asset Diversified Equity Allocator Passive FOF - Direct Plan - GrowthMirae Asset · Other₹23.52#151Y-6.91%3Y+7.91%5Y+7.44%10Y—
- Nippon India Diversified Equity Flexicap Passive FoF - Direct Plan - Growth OptionNippon India · Other₹20.08#161Y-6.13%3Y+7.98%5Y+7.47%10Y—
- Quantum Diversified Equity All Cap Active FOF - Direct Plan - Growth OptionQuantum · Other₹82.88#171Y-3.49%3Y+9.89%5Y+8.17%10Y+11.44%
- Aditya Birla Sun Life Conservative Hybrid Active FOF - Direct Plan - GROWTHAditya Birla Sun Life · Other₹37.62#181Y+2.34%3Y+8.99%5Y+8.35%10Y+8.75%
- Bandhan Aggressive Hybrid Passive FOF - Direct Plan - GrowthBandhan · Other₹51.54#191Y+3.08%3Y+11.18%5Y+8.97%10Y+9.94%
- Quantum Multi Asset Active FOF - Direct Plan - Growth OptionQuantum · Other₹36.30#201Y-0.15%3Y+10.28%5Y+8.97%10Y+8.93%
- Aditya Birla Sun Life Aggressive Hybrid Omni FOF - Direct Plan - GROWTHAditya Birla Sun Life · Other₹45.66#211Y-0.38%3Y+9.69%5Y+9.05%10Y+10.16%
- Franklin India Dynamic Asset Allocation Active Fund of Funds - Direct Plan - GrowthFranklin Templeton · Other₹183.18#221Y-2.49%3Y+7.40%5Y+9.17%10Y+10.04%
- ICICI Prudential Income plus Arbitrage Omni FOF - Direct Plan - GrowthICICI Prudential · Other₹71.94#231Y+5.33%3Y+9.05%5Y+9.39%10Y+9.16%
- HSBC Aggressive Hybrid Active FOF (erstwhile HSBC Managed Solutions India - Growth fund) - Direct Plan - GrowthHSBC · Other₹44.68#241Y+4.58%3Y+11.67%5Y+9.63%10Y+11.77%
- Motilal Oswal Asset Allocation Fund of Fund- Conservative - Direct Plan - GrowthMotilal Oswal · Other₹17.70#251Y+3.99%3Y+12.62%5Y+9.78%10Y—
- ICICI Prudential Multi Sector Passive FOF - Direct Plan - GrowthICICI Prudential · Other₹168.81#261Y-1.96%3Y+10.66%5Y+9.85%10Y+12.23%
- Motilal Oswal Multi Asset Passive Fund of FundMotilal Oswal · Other₹18.45#271Y-0.87%3Y+12.58%5Y+9.87%10Y—
- HDFC Income Plus Arbitrage Active FOF - Direct Plan - Growth OptionHDFC · Other₹45.81#281Y+5.01%3Y+8.55%5Y+9.87%10Y+11.22%
- Nippon India Nifty Next 50 Junior BeES FoF - Direct Plan - Growth OptionNippon India · Other₹25.88#291Y+0.58%3Y+15.47%5Y+9.99%10Y—
- ICICI Prudential Dynamic Asset Allocation Active FOF - Direct Plan - GrowthICICI Prudential · Other₹134.58#301Y-0.55%3Y+10.13%5Y+10.18%10Y+11.80%
- Motilal Oswal Multi Asset Passive Fund of FundMotilal Oswal · Other₹18.99#311Y-0.39%3Y+13.12%5Y+10.44%10Y—
- ICICI Prudential Global Advantage Fund (FOF) - Direct Plan - GrowthICICI Prudential · Other₹23.11#321Y+12.19%3Y+20.77%5Y+10.54%10Y—
- Franklin India Income Plus Arbitrage Active Fund of Funds - Direct Plan - GrowthFranklin Templeton · Other₹25.49#331Y+5.85%3Y+13.13%5Y+10.61%10Y+8.27%
- Aditya Birla Sun Life Dynamic Asset Allocation Omni FOF - Direct Plan - GROWTHAditya Birla Sun Life · Other₹60.56#341Y+1.26%3Y+11.75%5Y+10.61%10Y+12.19%
- HSBC Multi Asset Active FOF (erstwhile HSBC Managed Solutions India - Moderate Fund) - Direct Plan - GrowthHSBC · Other₹43.47#351Y+7.06%3Y+14.38%5Y+11.06%10Y+11.84%
- HDFC Multi-Asset Active FOF - Direct Plan - Growth OptionHDFC · Other₹20.09#361Y+0.92%3Y+12.21%5Y+11.80%10Y—
- ICICI Prudential Aggressive Hybrid Active FOF - Direct Plan - GrowthICICI Prudential · Other₹236.33#371Y-2.65%3Y+12.97%5Y+12.25%10Y+14.87%
- ICICI Prudential Diversified Equity All Cap Omni FOF - Direct Plan - GrowthICICI Prudential · Other₹31.44#381Y-2.53%3Y+13.11%5Y+12.44%10Y—
- Aditya Birla Sun Life Multi Asset Omni FoF - Direct Plan - GROWTHAditya Birla Sun Life · Other₹39.61#391Y+5.26%3Y+15.53%5Y+12.46%10Y+12.56%
- Kotak Multi Asset Omni FOF - Direct Plan - GrowthKotak Mahindra · Other₹271.20#401Y+2.14%3Y+14.00%5Y+13.75%10Y+14.89%
- Nippon India Multi - Asset Omni FoF - Direct Plan - Growth OptionNippon India · Other₹24.29#411Y+3.71%3Y+15.15%5Y+14.25%10Y—
- ICICI Prudential BHARAT 22 FOF - Direct Plan - CumulativeICICI Prudential · Other₹31.17#421Y-5.34%3Y+11.68%5Y+17.59%10Y—
- Motilal Oswal Nasdaq 100 Fund of FundMotilal Oswal · Other₹66.36#431Y+38.01%3Y+36.87%5Y+23.43%10Y—
- Motilal Oswal Nasdaq 100 Fund of FundMotilal Oswal · Other₹68.39#441Y+38.45%3Y+37.36%5Y+23.89%10Y—
- Mirae Asset S&P 500 Top 50 ETF Fund of Fund - Direct Plan - GrowthMirae Asset · Other₹40.35#451Y+64.31%3Y+51.31%5Y+31.86%10Y—
- Mirae Asset NYSE FANG + ETF Fund of Fund - Direct Plan - GrowthMirae Asset · Other₹63.27#461Y+72.74%3Y+66.91%5Y+40.89%10Y—
- ICICI Prudential BSE 500 ETF FOF - Direct Plan - GrowthICICI Prudential · Other₹14.96#471Y-6.45%3Y+7.79%5Y—10Y—
- Mirae Asset Hang Seng TECH ETF Fund of Fund - Direct Plan - GrowthMirae Asset · Other₹11.48#481Y-25.37%3Y+15.86%5Y—10Y—
- BHARAT Bond ETF FOF - April 2032 - Direct Plan - GrowthEdelweiss · Other₹13.29#491Y+2.53%3Y+7.01%5Y—10Y—
- ICICI Prudential Passive Multi-Asset Fund of Funds - Direct Plan - GrowthICICI Prudential · Other₹16.65#501Y+4.49%3Y+12.71%5Y—10Y—
FoF (Domestic) funds — frequently asked questions
Which FoF (Domestic) fund has the highest 5-year CAGR?
Mirae Asset NYSE FANG + ETF Fund of Fund - Direct Plan - Growth currently leads the FoF (Domestic) category with a 5-year CAGR of 40.9%. Past returns describe what already happened and do not predict future performance — treat the ranking as a starting point for research, not a recommendation.
What is a good 5-year return for a FoF (Domestic) fund?
Across the 127 FoF (Domestic) schemes we track, the median 5-year CAGR is 9.5%. Comparing a fund against that median, rather than against the category's single best performer, is a more realistic benchmark.
How is CAGR calculated on this page?
CAGR is the compound annual growth rate between the NAV on the horizon start date and the latest NAV, using growth-plan NAVs published by the AMCs. Where a scheme's NAV history has a gap or a re-denomination, we adjust for it rather than report a distorted figure. Expense ratios are already reflected in NAV; exit loads and taxes are not.
Why does this list only show direct plans?
Direct plans have no distributor commission, so their expense ratio is lower and their NAV growth is higher than the regular plan of the same scheme. Showing both would list every fund twice, so we rank direct plans only.