Top Indian Mutual Funds by 1Y CAGR
This page ranks 2,131 direct-plan Indian mutual funds by 1Y compound annual growth rate, calculated from official daily NAV history and refreshed every day. A single year says more about which sectors were in favour than about a manager's skill, so treat this list as a snapshot of recent momentum rather than evidence of a durable edge.
Rankings span every asset class — equity, debt, hybrid, commodity and solution-oriented schemes sit in one list — so a debt fund and a small-cap fund can appear side by side despite carrying very different risk. Compare funds within their own category before drawing conclusions from a cross-category ranking.
Showing 50 of 2,382 funds · page 13 of 48
- Aditya Birla Sun Life Nifty SDL SEP 2027 Index Fund - Direct Plan - GROWTHAditya Birla Sun Life · Debt₹13.01#6011Y+5.41%3Y+7.58%5Y—10Y—
- Nippon India Multi Asset Allocation Fund - Direct Plan - Growth OptionNippon India · Hybrid₹26.17#6021Y+5.41%3Y+17.90%5Y+14.35%10Y—
- BARODA BNP PARIBAS ULTRA SHORT TO SHORT TERM FUND - Growth OptionBaroda BNP Paribas · Debt₹43.09#6031Y+5.40%3Y+6.53%5Y—10Y—
- Invesco India Multi Asset Allocation Fund - Direct Plan - GrowthInvesco · Hybrid₹12.29#6041Y+5.40%3Y—5Y—10Y—
- Edelweiss CRISIL IBX 50:50 Gilt Plus SDL June 2027 Index Fund - Direct Plan - GrowthEdelweiss · Debt₹13.29#6051Y+5.39%3Y+7.44%5Y—10Y—
- HSBC Large & Mid Cap Fund - Direct Plan - GrowthHSBC · Equity₹31.95#6061Y+5.37%3Y+16.22%5Y+13.11%10Y—
- Mirae Asset Nifty SDL June 2028 Index Fund - Direct Plan - GrowthMirae Asset · Debt₹12.91#6071Y+5.37%3Y+7.64%5Y—10Y—
- HDFC NIFTY SDL Plus G-Sec Jun 2027 40:60 Index Fund - Direct Plan - Growth OptionHDFC · Debt₹12.84#6081Y+5.37%3Y+7.44%5Y—10Y—
- Kotak Floating Interest Rates Fund - Direct Plan - GROWTH OPTIONKotak Mahindra · Debt₹1,668.12#6091Y+5.35%3Y+7.63%5Y+6.66%10Y—
- SBI Income Plus Arbitrage Active FOF - Direct Plan - GrowthSBI · Other₹10.80#6101Y+5.35%3Y—5Y—10Y—
- Sundaram Small Cap Fund - Direct Plan - GROWTHSundaram · Equity₹39.87#6111Y+5.35%3Y+4.75%5Y+7.02%10Y+5.88%
- Nippon India Medium Term Fund (Existing Number of Segregated Portfolios - 1) - Direct Plan - Growth OptionNippon India · Debt₹18.36#6121Y+5.34%3Y+8.35%5Y+6.78%10Y+3.53%
- Nippon India Fixed Maturity Plan - XLIII - Series 5 - Direct Plan - Growth OptionNippon India · Debt₹13.61#6131Y+5.33%3Y+7.73%5Y—10Y—
- ICICI Prudential Income plus Arbitrage Omni FOF - Direct Plan - GrowthICICI Prudential · Other₹71.94#6141Y+5.33%3Y+9.05%5Y+9.39%10Y+9.16%
- Bajaj Finserv Overnight Fund - Direct Plan - GrowthBajaj Finserv · Debt₹1,214.60#6151Y+5.33%3Y+6.07%5Y—10Y—
- Groww Money Market Fund - Direct Plan - GrowthGroww · Debt₹10.54#6161Y+5.32%3Y—5Y—10Y—
- Groww Money Market Fund - Direct Plan - Income Distribution cum capital withdrawalGroww · Debt₹10.54#6171Y+5.32%3Y—5Y—10Y—
- Axis Crisil IBX 50:50 Gilt Plus SDL September 2027 Index Fund - Direct Plan - Growth OptionAxis · Debt₹12.99#6181Y+5.32%3Y+7.47%5Y—10Y—
- DSP Nifty SDL Plus G-Sec Sep 2027 50:50 Index Fund - Direct Plan - GrowthDSP · Debt₹13.02#6191Y+5.32%3Y+7.49%5Y—10Y—
- Nippon India Income Plus Arbitrage Active Fund of Fund - Direct Plan - Growth OptionNippon India · Other₹10.74#6201Y+5.31%3Y—5Y—10Y—
- ICICI Prudential Short Term Fund - Direct Plan - GrowthICICI Prudential · Debt₹70.67#6211Y+5.31%3Y+7.64%5Y+7.06%10Y+7.65%
- Franklin India Overnight Fund - Direct Plan - GrowthFranklin Templeton · Debt₹1,443.78#6221Y+5.31%3Y+6.03%5Y+5.72%10Y—
- 360 ONE Overnight Fund - Direct Plan - GROWTH Option360 ONE · Debt₹1,067.92#6231Y+5.30%3Y—5Y—10Y—
- Bajaj Finserv Overnight Fund - Direct Plan - Unclaimed less than 3 years Redemption PlanBajaj Finserv · Debt₹1,085.38#6241Y+5.30%3Y—5Y—10Y—
- Tata Overnight Fund - Direct Plan - Growth OptionTata · Debt₹1,461.06#6251Y+5.29%3Y+6.07%5Y+5.76%10Y—
- Bandhan Banking and PSU Debt Fund - Direct Plan - GrowthBandhan · Debt₹27.17#6261Y+5.28%3Y+7.10%5Y+6.25%10Y+7.17%
- Groww Overnight FundGroww · Debt₹1,307.82#6271Y+5.28%3Y+5.99%5Y—10Y—
- Kotak Nifty AAA Bond Financial Services Mar 2028 Index Fund - Direct Plan - GrowthKotak Mahindra · Debt₹10.71#6281Y+5.28%3Y—5Y—10Y—
- Axis Overnight Fund - Direct Plan - Growth OptionAxis · Debt₹1,464.98#6291Y+5.28%3Y+6.07%5Y+5.78%10Y—
- Baroda BNP Paribas Overnight Fund - Direct Plan - Growth OptionBaroda BNP Paribas · Debt₹1,453.68#6301Y+5.27%3Y+6.05%5Y+5.75%10Y—
- Baroda BNP Paribas Overnight Fund - Redemption Up to 3 YrsBaroda BNP Paribas · Debt₹1,304.25#6311Y+5.27%3Y+6.05%5Y—10Y—
- Kotak Overnight Fund - Direct Plan - GrowthKotak Mahindra · Debt₹1,476.48#6321Y+5.26%3Y+6.05%5Y+5.75%10Y—
- Nippon India Overnight Fund - Direct Plan - Growth OptionNippon India · Debt₹148.66#6331Y+5.26%3Y+6.06%5Y+5.77%10Y—
- UTI NIFTY SDL Plus AAA PSU Bond Apr 2028- 75:25 Index Fund - Direct Plan - GrowthUTI · Debt₹13.00#6341Y+5.26%3Y+7.53%5Y—10Y—
- JioBlackRock Overnight Fund - Direct Plan - Growth OptionJio BlackRock · Debt₹1,068.60#6351Y+5.26%3Y—5Y—10Y—
- Aditya Birla Sun Life Multi Asset Omni FoF - Direct Plan - GROWTHAditya Birla Sun Life · Other₹39.61#6361Y+5.26%3Y+15.53%5Y+12.46%10Y+12.56%
- DSP Overnight FundDSP · Debt₹13.20#6371Y+5.26%3Y+6.04%5Y+5.71%10Y—
- DSP Overnight FundDSP · Debt₹13.20#6381Y+5.26%3Y+6.04%5Y+5.71%10Y—
- DSP Overnight Fund - Direct Plan - GrowthDSP · Debt₹1,482.27#6391Y+5.26%3Y+6.04%5Y+5.75%10Y—
- Invesco India Overnight Fund - Direct Plan - GrowthInvesco · Debt₹1,398.26#6401Y+5.26%3Y+6.04%5Y+5.74%10Y—
- Samco Arbitrage Fund - Direct Plan - GrowthSamco · Hybrid₹11.01#6411Y+5.26%3Y—5Y—10Y—
- Union Overnight Fund - Direct Plan - Growth OptionUnion · Debt₹1,456.71#6421Y+5.25%3Y+6.04%5Y+5.74%10Y—
- LIC MF Overnight Fund - Direct Plan - GrowthLIC · Debt₹1,434.48#6431Y+5.25%3Y+6.04%5Y+5.75%10Y—
- Mirae Asset Overnight Fund - Direct Plan - GrowthMirae Asset · Debt₹1,419.17#6441Y+5.25%3Y+6.05%5Y+5.76%10Y—
- ICICI Prudential Overnight Fund - Direct Plan - Unclaimed Redemption Transitory SchemeICICI Prudential · Debt₹1,315.68#6451Y+5.25%3Y+6.03%5Y—10Y—
- HSBC Overnight Fund - Direct Plan - GrowthHSBC · Debt₹1,448.10#6461Y+5.25%3Y+6.04%5Y+5.76%10Y—
- HSBC Overnight FundHSBC · Debt₹1,285.20#6471Y+5.25%3Y+6.04%5Y—10Y—
- UTI - Overnight Fund - Direct Plan - GrowthUTI · Debt₹3,787.85#6481Y+5.25%3Y+6.04%5Y+5.74%10Y+5.33%
- BANDHAN Overnight Fund - Direct Plan - GrowthBandhan · Debt₹1,475.85#6491Y+5.25%3Y+6.04%5Y+5.74%10Y—
- ADITYA BIRLA SUN LIFE OVERNIGHT FUND - Direct Plan - GROWTHAditya Birla Sun Life · Debt₹1,496.60#6501Y+5.24%3Y+6.03%5Y+5.75%10Y—
1Y CAGR rankings — frequently asked questions
What does 1Y CAGR mean?
CAGR is the constant annual rate at which an investment would have had to grow to get from its starting NAV to its current NAV over 1 year. It smooths out the year-to-year path, so two funds with the same CAGR may have had very different journeys.
Is the highest-CAGR fund the best fund to buy?
Not necessarily. A high CAGR may come from taking concentrated sector or credit risk that will not repeat, and past performance is not a reliable predictor of future returns. Read the ranking alongside the fund's category, its risk profile and your own holding period.
How many funds are ranked here?
2,131 direct-plan schemes with a recent NAV and enough history to compute a 1Y figure. Funds without sufficient NAV history for this horizon are excluded rather than shown with an estimated number.