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 27 of 127 schemes · sorted by Y5 high to low · page 3 of 3
- Sundaram Income Plus Arbitrage Active FoF - Direct Plan - GROWTHSundaram · Other₹10.44#1011Y—3Y—5Y—10Y—
- Groww Nifty PSE ETF FOF - Direct Plan - GrowthGroww · Other₹8.84#1021Y—3Y—5Y—10Y—
- DSP Multi Asset Omni Fund of Funds - Direct Plan - GrowthDSP · Other₹9.76#1031Y—3Y—5Y—10Y—
- Groww Nifty PSE ETF FOF - Direct Plan - Income Distribution cum capital withdrawalGroww · Other₹8.84#1041Y—3Y—5Y—10Y—
- Mirae Asset BSE India Defence ETF FOF - Direct Plan - GrowthMirae Asset · Other₹11.26#1051Y—3Y—5Y—10Y—
- Groww BSE Hospitals ETF FOF - Direct Plan - GrowthGroww · Other₹9.58#1061Y—3Y—5Y—10Y—
- Mirae Asset Nifty Metal ETF FOF - Direct Plan - GrowthMirae Asset · Other₹9.65#1071Y—3Y—5Y—10Y—
- Groww BSE Hospitals ETF FOF - Direct Plan - Income Distribution cum capital withdrawalGroww · Other₹9.58#1081Y—3Y—5Y—10Y—
- Motilal Oswal Multi Factor Passive Fund of FundsMotilal Oswal · Other₹9.69#1091Y—3Y—5Y—10Y—
- Motilal Oswal Multi Factor Passive Fund of FundsMotilal Oswal · Other₹9.72#1101Y—3Y—5Y—10Y—
- HDFC INCOME PLUS ARBITRAGE OMNI FOF - Direct Plan - GROWTH OPTIONHDFC · Other₹10.42#1111Y—3Y—5Y—10Y—
- ICICI Prudential Diversified Equity All Cap Active FOF - Direct Plan - GrowthICICI Prudential · Other₹10.24#1121Y—3Y—5Y—10Y—
- Kotak Multi Factor Passive FOF - Direct Plan - GrowthKotak Mahindra · Other₹10.24#1131Y—3Y—5Y—10Y—
- Kotak Multi Asset Active FOF - Direct Plan - GrowthKotak Mahindra · Other₹9.86#1141Y—3Y—5Y—10Y—
- Tata Multi Sector Passive FOF - Direct Plan - Growth OptionTata · Other₹9.29#1151Y—3Y—5Y—10Y—
- ICICI Prudential Multi-Asset Active FOF - Direct Plan - GrowthICICI Prudential · Other₹9.81#1161Y—3Y—5Y—10Y—
- Mirae Asset BSE Midcap 150 Momentum 30 ETF FOF - Direct Plan - GrowthMirae Asset · Other₹10.01#1171Y—3Y—5Y—10Y—
- HDFC Nifty Metal ETF FOF - Direct Plan - Growth OptionHDFC · Other₹9.10#1181Y—3Y—5Y—10Y—
- SBI Nifty Midcap 150 Momentum 50 ETF FOF - Direct Plan - GrowthSBI · Other₹9.47#1191Y—3Y—5Y—10Y—
- ALPHAGREP LIQUID OMNI FOF - Direct Plan - GrowthAlphaGrep · Other₹1,010.96#1201Y—3Y—5Y—10Y—
- Kotak Diversified Equity All Cap Omni FOF - Direct Plan - GrowthKotak Mahindra · Other₹9.39#1211Y—3Y—5Y—10Y—
- Nippon India Income Plus Arbitrage Omni Fund of Fund - Direct Plan - Growth OptionNippon India · Other₹10.05#1221Y—3Y—5Y—10Y—
- quant Income Plus Arbitrage Active FOF - Direct Plan - Growth OptionQuant · Other₹10.07#1231Y—3Y—5Y—10Y—
- ICICI Prudential Dynamic Asset Allocation Passive FOFICICI Prudential · Other₹9.71#1241Y—3Y—5Y—10Y—
- ICICI Prudential Dynamic Asset Allocation Passive FOFICICI Prudential · Other₹9.71#1251Y—3Y—5Y—10Y—
- Kotak Multi Sector Omni FOF - Direct Plan - GrowthKotak Mahindra · Other₹10.03#1261Y—3Y—5Y—10Y—
- SBI Nifty200 Value 30 ETF FOF - Direct Plan - GrowthSBI · Other₹9.89#1271Y—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.