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 2 of 3
- Mirae Asset Nifty India Manufacturing ETF Fund of Fund - Direct Plan - GrowthMirae Asset · Other₹19.18#511Y+0.39%3Y+15.49%5Y—10Y—
- Axis Multi Factor Passive FoF - Direct Plan - Growth OptionAxis · Other₹14.64#521Y-5.14%3Y+6.71%5Y—10Y—
- Tata Nifty India Digital ETF Fund of Fund - Direct Plan - Growth OptionTata · Other₹13.21#531Y-11.05%3Y+7.33%5Y—10Y—
- Quantum Nifty 50 ETF FOF - Direct Plan - Growth OptionQuantum · Other₹13.33#541Y-10.71%3Y+5.15%5Y—10Y—
- Aditya Birla Sun Life Multi-Asset Passive FOF - Direct Plan - GROWTHAditya Birla Sun Life · Other₹17.02#551Y+1.32%3Y+13.99%5Y—10Y—
- Kotak Income Plus Arbitrage Omni FOF - Direct Plan - GrowthKotak Mahindra · Other₹13.26#561Y+5.24%3Y+7.48%5Y—10Y—
- BHARAT Bond ETF FOF - April 2033 - Direct Plan - GrowthEdelweiss · Other₹12.94#571Y+2.46%3Y+6.89%5Y—10Y—
- Mirae Asset Nifty Smallcap 250 Momentum Quality 100 ETF Fund of Fund - Direct Plan - GrowthMirae Asset · Other₹10.61#581Y+4.82%3Y—5Y—10Y—
- Mirae Asset Nifty MidSmallcap400 Momentum Quality 100 ETF Fund of Fund - Direct Plan - GrowthMirae Asset · Other₹10.08#591Y+2.60%3Y—5Y—10Y—
- Mirae Asset Nifty200 Alpha 30 ETF Fund of Fund - Direct Plan - GrowthMirae Asset · Other₹8.77#601Y-1.44%3Y—5Y—10Y—
- Groww Nifty EV & New Age Automotive ETF FOF - Direct Plan - GrowthGroww · Other₹9.11#611Y-3.88%3Y—5Y—10Y—
- Groww Nifty EV & New Age Automotive ETF FOF - Direct Plan - Income Distribution cum capital withdrawalGroww · Other₹9.11#621Y-3.88%3Y—5Y—10Y—
- Groww Nifty India Defence ETF FOF - Direct Plan - Income Distribution cum capital withdrawalGroww · Other₹13.44#631Y+13.82%3Y—5Y—10Y—
- Groww Nifty India Defence ETF FOF - Direct Plan - GrowthGroww · Other₹13.44#641Y+13.82%3Y—5Y—10Y—
- Mirae Asset Nifty India New Age Consumption ETF Fund of Fund - Direct Plan - GrowthMirae Asset · Other₹9.53#651Y-4.88%3Y—5Y—10Y—
- Groww Nifty 200 ETF FOF - Direct Plan - GrowthGroww · Other₹10.85#661Y-7.46%3Y—5Y—10Y—
- Groww Nifty 200 ETF FOF - Direct Plan - Income Distribution cum capital withdrawalGroww · Other₹10.85#671Y-7.46%3Y—5Y—10Y—
- Mirae Asset BSE 200 Equal Weight ETF Fund of Fund - Direct Plan - GrowthMirae Asset · Other₹10.99#681Y-2.91%3Y—5Y—10Y—
- Mirae Asset BSE Select IPO ETF Fund of Fund - Direct Plan - GrowthMirae Asset · Other₹11.17#691Y-7.31%3Y—5Y—10Y—
- ICICI Prudential Nifty EV & New Age Automotive ETF FOF - Direct Plan - GrowthICICI Prudential · Other₹11.22#701Y-4.18%3Y—5Y—10Y—
- UTI Income Plus Arbitrage Active Fund of Fund - Direct Plan - GrowthUTI · Other₹10.91#711Y+5.18%3Y—5Y—10Y—
- Groww Nifty 500 Momentum 50 ETF FOF - Direct Plan - GrowthGroww · Other₹10.51#721Y-0.72%3Y—5Y—10Y—
- Groww Nifty 500 Momentum 50 ETF FOF - Direct Plan - Income Distribution cum capital withdrawalGroww · Other₹10.52#731Y-0.72%3Y—5Y—10Y—
- SBI Income Plus Arbitrage Active FOF - Direct Plan - GrowthSBI · Other₹10.80#741Y+5.35%3Y—5Y—10Y—
- Tata Income Plus Arbitrage Active FOF - Direct Plan - Growth OptionTata · Other₹10.73#751Y+5.21%3Y—5Y—10Y—
- Baroda BNP Paribas Income Plus Arbitrage Active Fund of Funds - Direct Plan - Growth OptionBaroda BNP Paribas · Other₹10.80#761Y+5.56%3Y—5Y—10Y—
- Baroda BNP Paribas Multi Asset Active Fund of Funds - Direct Plan - Growth OptionBaroda BNP Paribas · Other₹11.29#771Y+5.49%3Y—5Y—10Y—
- Union Income Plus Arbitrage Active FOF - Direct Plan - Growth OptionUnion · Other₹10.51#781Y+3.73%3Y—5Y—10Y—
- Nippon India Income Plus Arbitrage Active Fund of Fund - Direct Plan - Growth OptionNippon India · Other₹10.74#791Y+5.31%3Y—5Y—10Y—
- Groww Nifty India Internet ETF FOF - Direct Plan - GrowthGroww · Other₹10.06#801Y-7.72%3Y—5Y—10Y—
- Groww Nifty India Internet ETF FOF - Direct Plan - Income Distribution cum capital withdrawalGroww · Other₹10.06#811Y-7.72%3Y—5Y—10Y—
- Mirae Asset Income plus Arbitrage Active FOF - Direct Plan - GrowthMirae Asset · Other₹10.64#821Y+4.62%3Y—5Y—10Y—
- Invesco India Income Plus Arbitrage Active Fund of Fund - Direct Plan - GrowthInvesco · Other₹1,062.21#831Y+4.92%3Y—5Y—10Y—
- Edelweiss Income Plus Arbitrage Omni Fund of Funds - Direct Plan - GrowthEdelweiss · Other₹10.69#841Y+5.52%3Y—5Y—10Y—
- Groww BSE Power ETF FOF - Direct Plan - GrowthGroww · Other₹10.74#851Y+4.29%3Y—5Y—10Y—
- Groww BSE Power ETF FOF - Direct Plan - Income Distribution cum capital withdrawalGroww · Other₹10.74#861Y+4.29%3Y—5Y—10Y—
- Zerodha Multi Asset Passive FoF - Direct Plan - Growth OptionZerodha · Other₹10.97#871Y+2.17%3Y—5Y—10Y—
- Edelweiss Multi Asset Omni Fund of Fund - Direct Plan - GrowthEdelweiss · Other₹11.16#881Y+4.22%3Y—5Y—10Y—
- Mirae Asset Multi Factor Passive FOF - Direct Plan - GrowthMirae Asset · Other₹10.26#891Y-1.16%3Y—5Y—10Y—
- Union Diversified Equity All Cap Active FOF - Direct Plan - Growth OptionUnion · Other₹10.60#901Y+7.00%3Y—5Y—10Y—
- SBI Dynamic Asset Allocation Active FoF - Direct Plan - GrowthSBI · Other₹10.07#911Y+0.36%3Y—5Y—10Y—
- HDFC Diversified Equity All Cap Active FOF - Direct Plan - Growth OptionHDFC · Other₹9.64#921Y-5.12%3Y—5Y—10Y—
- Groww Nifty Capital Markets ETF FOF - Direct Plan - GrowthGroww · Other₹11.22#931Y—3Y—5Y—10Y—
- Groww Nifty Capital Markets ETF FOF - Direct Plan - Income Distribution cum capital withdrawalGroww · Other₹11.22#941Y—3Y—5Y—10Y—
- Axis Income Plus Arbitrage Passive FOF - Direct Plan - Growth Option OptionAxis · Other₹10.58#951Y+5.68%3Y—5Y—10Y—
- Axis Multi-Asset Omni FoF - Direct Plan - Growth OptionAxis · Other₹10.58#961Y—3Y—5Y—10Y—
- Mahindra Manulife Income Plus Arbitrage Active FOF - Direct Plan - GrowthMahindra Manulife · Other₹10.47#971Y—3Y—5Y—10Y—
- Groww Multi Asset Omni FOF - Direct Plan - GrowthGroww · Other₹10.05#981Y—3Y—5Y—10Y—
- Groww Multi Asset Omni FOF - Direct Plan - Income Distribution cum capital withdrawalGroww · Other₹10.05#991Y—3Y—5Y—10Y—
- Motilal Oswal Diversified Equity Flexicap Passive Fund of Funds - Direct Plan - GrowthMotilal Oswal · Other₹10.19#1001Y—3Y—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.