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 14 of 48
- Kotak Income Plus Arbitrage Omni FOF - Direct Plan - GrowthKotak Mahindra · Other₹13.26#6511Y+5.24%3Y+7.48%5Y—10Y—
- BANDHAN CREDIT RISK FUND - Direct Plan - GrowthBandhan · Debt₹19.07#6521Y+5.24%3Y+7.21%5Y+6.31%10Y—
- Edelweiss Overnight Fund - Direct Plan - GrowthEdelweiss · Debt₹1,431.47#6531Y+5.23%3Y+5.99%5Y+5.69%10Y—
- Edelweiss Overnight FundEdelweiss · Debt₹1,309.72#6541Y+5.23%3Y+5.99%5Y—10Y—
- Edelweiss Overnight FundEdelweiss · Debt₹1,309.72#6551Y+5.23%3Y+5.99%5Y—10Y—
- Mahindra Manulife Overnight Fund - Direct Plan - GrowthMahindra Manulife · Debt₹1,432.12#6561Y+5.23%3Y+6.03%5Y+5.75%10Y—
- Sundaram Overnight Fund - Direct Plan - GROWTHSundaram · Debt₹1,469.63#6571Y+5.22%3Y+6.02%5Y+5.72%10Y—
- HDFC Overnight Fund - Direct Plan - Growth OptionHDFC · Debt₹4,101.60#6581Y+5.22%3Y+5.99%5Y+5.70%10Y+5.34%
- Union Overnight Fund - Unclaimed Amounts Plan - Redemption Upto 3 yearsUnion · Debt₹1,312.05#6591Y+5.22%3Y+6.00%5Y—10Y—
- SBI OVERNIGHT FUND - Direct Plan - GrowthSBI · Debt₹4,498.99#6601Y+5.21%3Y+6.00%5Y+5.71%10Y+5.35%
- Bandhan Medium to Long Term Fund - Direct Plan - GrowthBandhan · Debt₹75.01#6611Y+5.21%3Y+6.81%5Y+5.29%10Y+6.50%
- Nippon India Nifty SDL Plus G-Sec - Jun 2028 Maturity 70:30 Index Fund - Direct Plan - Growth OptionNippon India · Debt₹13.19#6621Y+5.21%3Y+7.56%5Y—10Y—
- Tata Income Plus Arbitrage Active FOF - Direct Plan - Growth OptionTata · Other₹10.73#6631Y+5.21%3Y—5Y—10Y—
- Canara Robeco Overnight Fund - Direct Plan - GROWTH OPTIONCanara Robeco · Debt₹1,428.36#6641Y+5.20%3Y+5.96%5Y+5.68%10Y—
- BANDHAN FIXED TERM PLAN SERIES - 179 (3652 DAYS) - Direct Plan - GrowthBandhan · Debt₹18.18#6651Y+5.19%3Y+7.81%5Y+6.66%10Y—
- Axis Short Term Fund - Direct Plan - Growth OptionAxis · Debt₹36.30#6661Y+5.19%3Y+7.71%5Y+6.74%10Y+7.39%
- NJ Overnight Fund - Direct Plan - Growth OptionNJ · Debt₹1,280.46#6671Y+5.18%3Y+5.97%5Y—10Y—
- UTI Income Plus Arbitrage Active Fund of Fund - Direct Plan - GrowthUTI · Other₹10.91#6681Y+5.18%3Y—5Y—10Y—
- Mahindra Manulife Manufacturing Fund - Direct Plan - GrowthMahindra Manulife · Equity₹10.60#6691Y+5.18%3Y—5Y—10Y—
- Invesco India Nifty G-sec Jul 2027 Index Fund - Direct Plan - GrowthInvesco · Debt₹1,282.49#6701Y+5.17%3Y+7.39%5Y—10Y—
- NJ Overnight Fund - Unclaimed Redemption Plan - Upto 3 YearsNJ · Debt₹1,112.26#6711Y+5.17%3Y—5Y—10Y—
- BANDHAN Corporate Bond Fund - Direct Plan - GrowthBandhan · Debt₹21.22#6721Y+5.16%3Y+7.14%5Y+6.11%10Y+6.89%
- BANDHAN CRISIL IBX GILT JUNE 2027 INDEX FUND - Direct Plan - GrowthBandhan · Debt₹13.96#6731Y+5.16%3Y+7.36%5Y+6.03%10Y—
- ICICI Prudential Fixed Maturity Plan - Series 85 - 10 Years Plan IICICI Prudential · Debt₹18.12#6741Y+5.15%3Y+7.73%5Y+6.61%10Y—
- HSBC CRISIL IBX Gilt June 2027 Index Fund - Direct Plan - GrowthHSBC · Debt₹12.83#6751Y+5.15%3Y+7.37%5Y—10Y—
- BARODA BNP PARIBAS CORPORATE BOND FUND - Direct Plan - Growth OptionBaroda BNP Paribas · Debt₹31.41#6761Y+5.15%3Y+7.76%5Y—10Y—
- Groww Overnight Fund - Direct Plan - GrowthGroww · Debt₹1,425.00#6771Y+5.15%3Y+5.96%5Y+5.61%10Y—
- UTI Annual Interval Fund - I - Direct Plan - GrowthUTI · Debt₹37.13#6781Y+5.14%3Y+6.13%5Y+5.74%10Y+5.54%
- Mahindra Manulife Short Term Fund - Direct Plan - GrowthMahindra Manulife · Debt₹14.27#6791Y+5.14%3Y+7.65%5Y+6.58%10Y—
- Nippon India Fixed Maturity Plan - XLI - Series 8 - Direct Plan - Growth OptionNippon India · Debt₹17.81#6801Y+5.14%3Y+7.76%5Y+6.64%10Y—
- Quant Focused Fund - Direct Plan - Growth OptionQuant · Equity₹100.05#6811Y+5.13%3Y+12.20%5Y+12.02%10Y+14.62%
- Tata Nifty SDL Plus AAA PSU Bond Dec 2027 60 40 Index Fund - Direct Plan - Growth OptionTata · Debt₹13.41#6821Y+5.13%3Y+7.47%5Y—10Y—
- Kotak Nifty SDL Plus AAA PSU Bond Jul 2028 60 - 40 Index Fund - Direct Plan - GrowthKotak Mahindra · Debt₹13.32#6831Y+5.12%3Y+7.48%5Y—10Y—
- Taurus Flexi Cap Fund - Direct Plan - GrowthTaurus · Equity₹246.74#6841Y+5.12%3Y+10.50%5Y+9.13%10Y+9.65%
- PGIM India Overnight Fund - Direct Plan - Direct GrowthPGIM India · Debt₹1,425.79#6851Y+5.12%3Y+5.98%5Y+5.71%10Y—
- Zerodha Overnight Fund - Direct Plan - Growth OptionZerodha · Debt₹10.82#6861Y+5.12%3Y—5Y—10Y—
- TRUSTMF Overnight Fund - Direct Plan - GrowthTrust · Debt₹1,307.87#6871Y+5.11%3Y+5.97%5Y—10Y—
- Helios Overnight Fund - Direct Plan - GrowthHelios · Debt₹1,186.15#6881Y+5.09%3Y+5.83%5Y—10Y—
- HDFC Nifty G-Sec Jun 2027 Index Fund - Direct Plan - Growth OptionHDFC · Debt₹13.06#6891Y+5.09%3Y+7.36%5Y—10Y—
- JM Overnight Fund - Direct Plan - Unclaimed Redemption - Growth PlanJM Financial · Debt₹1,401.45#6901Y+5.08%3Y+5.93%5Y—10Y—
- JM Overnight Fund - Direct Plan - Growth OptionJM Financial · Debt₹1,401.42#6911Y+5.08%3Y+5.93%5Y+5.67%10Y—
- Groww Short Term Fund - Direct Plan - GrowthGroww · Debt₹2,565.70#6921Y+5.07%3Y+7.47%5Y+6.17%10Y+6.51%
- Nippon India Nifty G-Sec Sep 2027 Maturity Index Fund - Direct Plan - Growth OptionNippon India · Debt₹13.02#6931Y+5.07%3Y+7.36%5Y—10Y—
- Axis CRISIL IBX 50:50 Gilt Plus SDL June 2028 Index Fund - Direct Plan - Growth OptionAxis · Debt₹12.99#6941Y+5.06%3Y+7.50%5Y—10Y—
- HSBC CRISIL IBX 50:50 Gilt Plus SDL Apr 2028 Index Fund - Direct Plan - GrowthHSBC · Debt₹13.39#6951Y+5.05%3Y+7.48%5Y—10Y—
- quant Overnight Fund - Direct Plan - Growth OptionQuant · Debt₹12.64#6961Y+5.03%3Y+6.08%5Y—10Y—
- Kotak Nifty 1D Rate Liquid ETFKotak Mahindra · Debt₹1,126.56#6971Y+5.02%3Y+4.05%5Y—10Y—
- Sundaram Long Term Tax Advantage Fund Series IIISundaram · Equity₹29.60#6981Y+5.02%3Y+8.79%5Y+13.77%10Y—
- Sundaram Long Term Tax Advantage Fund Series IIISundaram · Equity₹31.10#6991Y+5.02%3Y+10.59%5Y+14.89%10Y—
- Nippon India Power & Infra Fund - Direct Plan - Growth OptionNippon India · Equity₹396.88#7001Y+5.01%3Y+16.20%5Y+18.79%10Y+17.46%
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.