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 34 of 48
- JM Focused Fund - Direct Plan - Growth OptionJM Financial · Equity₹23.05#16511Y-3.35%3Y+10.65%5Y+10.76%10Y+12.13%
- HDFC NIFTY LargeMidcap 250 Index Fund - Direct Plan - Growth OptionHDFC · Equity₹9.65#16521Y-3.37%3Y—5Y—10Y—
- Invesco India PSU Equity Fund - Direct Plan - GrowthInvesco · Equity₹74.04#16531Y-3.38%3Y+17.69%5Y+18.31%10Y+16.12%
- UTI Balanced Advantage Fund - Direct Plan - GrowthUTI · Hybrid₹12.71#16541Y-3.38%3Y+7.62%5Y—10Y—
- Union ELSS Tax Saver Fund (Formerly Union Tax Saver (ELSS) Fund - Direct Plan - Growth OptionUnion · Equity₹69.41#16551Y-3.38%3Y+9.25%5Y+8.69%10Y+12.55%
- Nippon India Flexi Cap Fund - Direct Plan - Growth OptionNippon India · Equity₹17.12#16561Y-3.38%3Y+8.95%5Y+9.17%10Y—
- Axis Retirement Fund - Dynamic Plan - Direct Plan - Growth OptionAxis · Solution Oriented₹20.99#16571Y-3.41%3Y+10.59%5Y+6.91%10Y—
- Tata Aggressive Hybrid Fund - Direct Plan - Growth OptionTata · Hybrid₹476.81#16581Y-3.41%3Y+7.26%5Y+7.35%10Y+9.62%
- ICICI Prudential Nifty LargeMidcap 250 Index Fund - Direct Plan - GrowthICICI Prudential · Equity₹11.85#16591Y-3.41%3Y—5Y—10Y—
- Nippon India Vision Large & Mid Cap Fund - Direct Plan - Growth OptionNippon India · Equity₹1,545.18#16601Y-3.42%3Y+13.22%5Y+11.02%10Y+12.60%
- Axis ELSS- Tax Saver Fund - Direct Plan - Growth OptionAxis · Equity₹106.18#16611Y-3.43%3Y+9.06%5Y+4.16%10Y+11.83%
- Edelweiss NIFTY Large Midcap 250 Index Fund - Direct Plan - GrowthEdelweiss · Equity₹16.47#16621Y-3.44%3Y+10.32%5Y—10Y—
- BANDHAN LARGE CAP FUND - Direct Plan - GrowthBandhan · Equity₹87.02#16631Y-3.47%3Y+11.66%5Y+9.06%10Y+12.68%
- Mirae Asset Nifty LargeMidcap 250 Index Fund - Direct Plan - GrowthMirae Asset · Equity₹10.01#16641Y-3.47%3Y—5Y—10Y—
- Axis Retirement Fund - Aggressive Plan - Direct Plan - Growth OptionAxis · Solution Oriented₹19.61#16651Y-3.49%3Y+9.71%5Y+5.73%10Y—
- Taurus ELSS Tax Saver Fund - Direct Plan - Income Distribution cum Capital WithdrawalTaurus · Equity₹90.44#16661Y-3.50%3Y+9.77%5Y+9.33%10Y+12.54%
- Taurus ELSS Tax Saver Fund - Direct Plan - GrowthTaurus · Equity₹196.24#16671Y-3.50%3Y+9.78%5Y+9.33%10Y+12.54%
- UTI Quant Fund - Direct Plan - GrowthUTI · Equity₹10.30#16681Y-3.51%3Y—5Y—10Y—
- HSBC Short Term FundHSBC · Debt₹12.25#16691Y-3.51%3Y-1.02%5Y—10Y—
- Kotak Nifty 50 Equal Weight Index Fund - Direct Plan - GrowthKotak Mahindra · Equity₹10.60#16701Y-3.53%3Y—5Y—10Y—
- DSP Flexi Cap Fund - Direct Plan - GrowthDSP · Equity₹110.81#16711Y-3.54%3Y+9.60%5Y+8.13%10Y+13.34%
- Aditya Birla Sun Life Conglomerate Fund - Direct Plan - GROWTHAditya Birla Sun Life · Equity₹10.36#16721Y-3.54%3Y—5Y—10Y—
- ICICI Prudential Children's Fund - Direct Plan - GrowthICICI Prudential · Solution Oriented₹348.89#16731Y-3.57%3Y+11.48%5Y+10.87%10Y+11.24%
- Motilal Oswal Nifty 50 Equal Weight ETFMotilal Oswal · Equity₹31.31#16741Y-3.59%3Y—5Y—10Y—
- DSP Nifty 50 Equal Weight ETFDSP · Equity₹322.59#16751Y-3.59%3Y+10.08%5Y+9.76%10Y—
- Mirae Asset Nifty Total Market Index Fund - Direct Plan - GrowthMirae Asset · Equity₹9.98#16761Y-3.62%3Y—5Y—10Y—
- Parag Parikh Dynamic Asset Allocation FundPPFAS · Hybrid₹9.93#16771Y-3.65%3Y—5Y—10Y—
- Motilal Oswal Business Cycle FundMotilal Oswal · Equity₹12.40#16781Y-3.67%3Y—5Y—10Y—
- Motilal Oswal Business Cycle FundMotilal Oswal · Equity₹12.40#16791Y-3.67%3Y—5Y—10Y—
- Axis Focused Fund - Direct Plan - Growth OptionAxis · Equity₹62.18#16801Y-3.75%3Y+8.62%5Y+2.38%10Y+11.48%
- DSP Nifty 50 Equal Weight Index Fund - Direct Plan - GrowthDSP · Equity₹25.86#16811Y-3.75%3Y+9.87%5Y+9.32%10Y—
- SBI Large Cap Fund - Direct Plan - GrowthSBI · Equity₹99.24#16821Y-3.78%3Y+7.96%5Y+7.65%10Y+11.57%
- UTI Nifty50 Equal Weight Index Fund - Direct Plan - GrowthUTI · Equity₹14.32#16831Y-3.78%3Y+9.69%5Y—10Y—
- Mirae Asset Nifty50 Equal Weight ETFMirae Asset · Equity₹312.19#16841Y-3.79%3Y—5Y—10Y—
- Motilal Oswal BSE Quality Index FundMotilal Oswal · Equity₹16.03#16851Y-3.79%3Y+10.11%5Y—10Y—
- Mirae Asset ELSS Tax Saver Fund - Direct Plan - GrowthMirae Asset · Equity₹54.23#16861Y-3.80%3Y+10.68%5Y+9.03%10Y+15.95%
- HSBC Short Term FundHSBC · Debt₹11.66#16871Y-3.80%3Y-1.38%5Y—10Y—
- Taurus Ethical Fund - Direct Plan - GrowthTaurus · Equity₹137.16#16881Y-3.80%3Y+7.74%5Y+7.35%10Y+12.16%
- Aditya Birla Sun Life Nifty 50 Equal Weight index Fund - Direct Plan - GROWTHAditya Birla Sun Life · Equity₹17.93#16891Y-3.82%3Y+9.82%5Y+9.21%10Y—
- UTI - MNC Fund - Direct Plan - GrowthUTI · Equity₹427.89#16901Y-3.82%3Y+7.24%5Y+6.91%10Y+10.02%
- ICICI Prudential Nifty50 Equal Weight Index Fund- - Direct Plan - GrowthICICI Prudential · Equity₹16.13#16911Y-3.86%3Y+9.76%5Y—10Y—
- Axis Quant Fund - Direct Plan - Growth OptionAxis · Equity₹16.13#16921Y-3.87%3Y+7.10%5Y+7.15%10Y—
- HDFC NIFTY50 Equal Weight Index Fund - Direct Plan - Growth OptionHDFC · Equity₹17.53#16931Y-3.89%3Y+9.82%5Y+9.26%10Y—
- SBI Nifty50 Equal Weight Index Fund - Direct Plan - GrowthSBI · Equity₹11.54#16941Y-3.92%3Y—5Y—10Y—
- ANGEL ONE NIFTY TOTAL MARKET ETF - Direct PlanAngel One · Equity₹11.32#16951Y-3.94%3Y—5Y—10Y—
- ANGEL ONE NIFTY TOTAL MARKET INDEX FUND - Direct Plan - GrowthAngel One · Equity₹11.31#16961Y-3.96%3Y—5Y—10Y—
- HDFC Focused Fund - Direct Plan - Growth OptionHDFC · Equity₹257.99#16971Y-3.96%3Y+14.52%5Y+15.83%10Y+14.42%
- UTI - Flexi Cap Fund. - Direct Plan - GrowthUTI · Equity₹338.79#16981Y-4.00%3Y+7.45%5Y+3.32%10Y+11.78%
- Nippon India MNC Fund - Direct Plan - Growth OptionNippon India · Equity₹10.14#16991Y-4.01%3Y—5Y—10Y—
- Nippon India Nifty Auto Index Fund - Direct Plan - Growth OptionNippon India · Equity₹10.90#17001Y-4.01%3Y—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.