Top Indian Mutual Funds by 1Y CAGR
This page ranks 2,134 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 16 of 48
- ITI Overnight Fund - Direct Plan - Growth OptionITI · Debt₹1,398.81#7511Y+4.97%3Y+5.79%5Y+5.54%10Y—
- BANDHAN FIXED TERM PLAN SERIES - 179 (3652 DAYS) - Direct Plan - GrowthBandhan · Debt₹18.15#7521Y+4.97%3Y+7.68%5Y+6.60%10Y—
- Motilal Oswal Nifty MidSmall IT and Telecom Index FundMotilal Oswal · Equity₹9.81#7531Y+4.96%3Y—5Y—10Y—
- HDFC Income Plus Arbitrage Active FOF - Direct Plan - Growth OptionHDFC · Other₹45.79#7541Y+4.96%3Y+8.56%5Y+9.79%10Y+11.21%
- Samco Overnight FundSamco · Debt₹1,104.27#7551Y+4.96%3Y—5Y—10Y—
- Samco Overnight Fund - Direct Plan - GrowthSamco · Debt₹1,262.27#7561Y+4.96%3Y+5.81%5Y—10Y—
- ITI Mid Cap Fund - Direct Plan - Growth OptionITI · Equity₹24.59#7571Y+4.95%3Y+18.15%5Y+14.29%10Y—
- Zerodha Nifty 1D Rate Liquid ETF - Direct Plan - Growth OptionZerodha · Debt₹116.35#7581Y+4.95%3Y—5Y—10Y—
- ICICI Prudential Fixed Maturity Plan - Series 85 - 10 Years Plan IICICI Prudential · Debt₹18.08#7591Y+4.93%3Y+7.60%5Y+6.56%10Y—
- SBI DYNAMIC TERM FUND - Direct Plan - GrowthSBI · Debt₹41.51#7601Y+4.93%3Y+7.49%5Y+6.79%10Y+7.43%
- DSP BSE Liquid Rate ETFDSP · Debt₹1,148.97#7611Y+4.92%3Y—5Y—10Y—
- Baroda BNP Paribas Short Term Fund (the scheme has 2 segregated portfolios) - Direct Plan - Growth OptionBaroda BNP Paribas · Debt₹34.00#7621Y+4.92%3Y+7.39%5Y+6.50%10Y+7.19%
- Nippon India Short Term Fund - Direct Plan - Growth OptionNippon India · Debt₹61.56#7631Y+4.92%3Y+7.59%5Y+6.65%10Y+7.20%
- Axis Dynamic Term Fund - Direct Plan - Growth OptionAxis · Debt₹34.71#7641Y+4.91%3Y+7.41%5Y+6.17%10Y+7.25%
- Nippon India Fixed Maturity Plan - XLI - Series 8 - Direct Plan - Growth OptionNippon India · Debt₹17.78#7651Y+4.91%3Y+7.64%5Y+6.58%10Y—
- Aditya Birla Sun Life Income Plus Arbitrage Active FOF - Direct Plan - GROWTHAditya Birla Sun Life · Other₹42.31#7661Y+4.90%3Y+7.16%5Y+6.20%10Y+6.58%
- Edelweiss CRISIL IBX 50:50 Gilt Plus SDL Sep 2028 Index Fund - Direct Plan - GrowthEdelweiss · Debt₹13.33#7671Y+4.90%3Y+7.57%5Y—10Y—
- HDFC NIFTY 1D Rate Liquid ETF - Growth OptionHDFC · Debt₹1,081.96#7681Y+4.88%3Y—5Y—10Y—
- Invesco India Income Plus Arbitrage Active Fund of Fund - Direct Plan - GrowthInvesco · Other₹1,061.78#7691Y+4.88%3Y—5Y—10Y—
- Edelweiss Nifty Smallcap 250 Index Fund - Direct Plan - GrowthEdelweiss · Equity₹18.60#7701Y+4.88%3Y+13.17%5Y—10Y—
- Union Midcap Fund - Direct Plan - Growth OptionUnion · Equity₹55.06#7711Y+4.88%3Y+15.55%5Y+13.12%10Y—
- TRUSTMF Short Term Fund - Direct Plan - GrowthTrust · Debt₹1,365.64#7721Y+4.87%3Y+7.11%5Y+6.21%10Y—
- Nippon India Floating Interest Rates Fund - Direct Plan - Growth OptionNippon India · Debt₹50.98#7731Y+4.86%3Y+7.37%5Y+6.55%10Y+7.15%
- DSP Floating Interest Rates Fund - Direct Plan - GrowthDSP · Debt₹14.30#7741Y+4.85%3Y+7.66%5Y+6.56%10Y—
- ICICI Prudential Passive Multi-Asset Fund of Funds - Direct Plan - GrowthICICI Prudential · Other₹16.71#7751Y+4.85%3Y+12.88%5Y—10Y—
- BARODA BNP PARIBAS CORPORATE BOND FUND - Growth OptionBaroda BNP Paribas · Debt₹34.12#7761Y+4.84%3Y+7.45%5Y—10Y—
- Groww Nifty Smallcap 250 Index Fund - Direct Plan - GrowthGroww · Equity₹11.91#7771Y+4.83%3Y—5Y—10Y—
- Groww Nifty Smallcap 250 Index Fund - Direct Plan - Income Distribution cum capital withdrawalGroww · Equity₹11.92#7781Y+4.83%3Y—5Y—10Y—
- Bajaj Finserv Nifty 1D Rate Liquid ETF - GrowthBajaj Finserv · Debt₹1,102.78#7791Y+4.83%3Y—5Y—10Y—
- Canara Robeco Short Term Fund - Direct Plan - GROWTH OPTIONCanara Robeco · Debt₹29.61#7801Y+4.83%3Y+6.97%5Y+6.03%10Y+6.78%
- Edelweiss Multi Asset Omni Fund of Fund - Direct Plan - GrowthEdelweiss · Other₹11.22#7811Y+4.82%3Y—5Y—10Y—
- HDFC Short Term Fund - Direct Plan - Growth OptionHDFC · Debt₹35.37#7821Y+4.81%3Y+7.39%5Y+6.52%10Y+7.28%
- SBI Fixed Maturity Plan (FMP) - Series 1 (3668 Days) - Direct Plan - GrowthSBI · Debt₹17.76#7831Y+4.78%3Y+7.68%5Y+6.61%10Y—
- HSBC Income Plus Arbitrage Active FOF (erstwhile HSBC Managed Solution India - Conservative Plan) - Direct Plan - GrowthHSBC · Other₹24.22#7841Y+4.76%3Y+7.42%5Y+6.12%10Y+6.40%
- ICICI Prudential Nifty SDL Dec 2028 Index Fund - Direct Plan - GrowthICICI Prudential · Debt₹13.43#7851Y+4.76%3Y+7.53%5Y—10Y—
- ICICI Prudential Fixed Maturity Plan - Series 85 - 10 Years Plan IICICI Prudential · Debt₹17.82#7861Y+4.75%3Y+7.50%5Y+6.39%10Y—
- Kotak Small Cap Fund - Direct Plan - GrowthKotak Mahindra · Equity₹318.22#7871Y+4.75%3Y+11.48%5Y+11.15%10Y+16.88%
- Baroda BNP Paribas NIFTY SDL December 2028 Index Fund - Direct Plan - Growth OptionBaroda BNP Paribas · Debt₹12.95#7881Y+4.75%3Y+7.50%5Y—10Y—
- AXIS Corporate Bond Fund - Direct Plan - Growth OptionAxis · Debt₹19.37#7891Y+4.74%3Y+7.60%5Y+6.71%10Y—
- Shriram Nifty 1D Rate Liquid ETF - Direct Plan - GrowthShriram · Debt₹1,125.45#7901Y+4.73%3Y—5Y—10Y—
- Kotak Short Term Fund - Direct Plan - (Growth)Kotak Mahindra · Debt₹61.36#7911Y+4.72%3Y+7.38%5Y+6.40%10Y+7.18%
- Groww Nifty 1D Rate Liquid ETFGroww · Debt₹111.14#7921Y+4.72%3Y—5Y—10Y—
- Nippon India Nifty 1D Rate Liquid ETF- Growth - Direct PlanNippon India · Debt₹1,059.28#7931Y+4.71%3Y—5Y—10Y—
- PGIM India Multi Cap Fund - Direct Plan - Direct GrowthPGIM India · Equity₹10.68#7941Y+4.71%3Y—5Y—10Y—
- BANK OF INDIA SHORT TERM FUND - Direct Plan - GrowthBank of India · Debt₹31.06#7951Y+4.70%3Y+7.59%5Y+10.78%10Y+5.66%
- Aditya Birla Sun Life Midcap Fund - Direct Plan - GROWTHAditya Birla Sun Life · Equity₹917.53#7961Y+4.69%3Y+13.62%5Y+11.89%10Y+13.15%
- Aditya Birla Sun Life Crisil IBX Gilt Apr 2028 Index Fund - Direct Plan - GrowthAditya Birla Sun Life · Debt₹12.73#7971Y+4.69%3Y+7.10%5Y—10Y—
- JM Short Term Fund - Direct Plan - Growth OptionJM Financial · Debt₹13.15#7981Y+4.68%3Y+7.09%5Y—10Y—
- ICICI Prudential Corporate Bond Fund - Direct Plan - GrowthICICI Prudential · Debt₹33.43#7991Y+4.67%3Y+7.18%5Y+6.65%10Y+7.27%
- PGIM India CRISIL IBX Gilt Index - Apr 2028 Fund - Direct Plan - Direct GrowthPGIM India · Debt₹12.92#8001Y+4.66%3Y+7.24%5Y—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?
2,134 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.