Top Indian Mutual Funds by 1Y CAGR
This page ranks 2,135 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 2,386 funds · page 7 of 48
- HSBC Multi Asset Active FOF (erstwhile HSBC Managed Solutions India - Moderate Fund) - Direct Plan - GrowthHSBC · Other₹43.47#3011Y+7.06%3Y+14.38%5Y+11.06%10Y+11.84%
- Axis Multicap Fund - Direct Plan - Growth OptionAxis · Equity₹20.33#3021Y+7.06%3Y+17.98%5Y—10Y—
- Edelweiss Small Cap Fund - Direct Plan - GrowthEdelweiss · Equity₹51.99#3031Y+7.02%3Y+14.29%5Y+15.29%10Y—
- Baroda BNP Paribas Innovation Fund - Direct Plan - Growth OptionBaroda BNP Paribas · Equity₹13.69#3041Y+7.02%3Y—5Y—10Y—
- Union Diversified Equity All Cap Active FOF - Direct Plan - Growth OptionUnion · Other₹10.60#3051Y+7.00%3Y—5Y—10Y—
- Quant ELSS Tax Saver Fund - Direct Plan - Growth OptionQuant · Equity₹445.19#3061Y+6.98%3Y+13.59%5Y+13.57%10Y+19.53%
- Tata Ultra Short Term Fund - Direct Plan - Growth OptionTata · Debt₹16.24#3071Y+6.98%3Y+7.51%5Y+6.81%10Y—
- IL&FS Infrastructure Debt Fund Series 2BIL&FS Mutual Fund (IDF) · Debt₹25,40,201.95#3081Y+6.97%3Y+21.69%5Y+20.67%10Y—
- HSBC Infrastructure Fund - Direct Plan - GrowthHSBC · Equity₹56.11#3091Y+6.97%3Y+14.78%5Y—10Y—
- Aditya Birla Sun Life Crisil-IBX Financial Services 3 to 6 months Debt Index Fund - Direct Plan - GROWTHAditya Birla Sun Life · Debt₹11.36#3101Y+6.93%3Y—5Y—10Y—
- Invesco India Arbitrage Fund - Direct Plan - GrowthInvesco · Hybrid₹37.53#3111Y+6.93%3Y+7.49%5Y+7.13%10Y+6.46%
- Nippon India Ultra Short Term Fund - Direct Plan - Growth OptionNippon India · Debt₹4,844.52#3121Y+6.93%3Y+7.57%5Y+7.01%10Y—
- Bandhan CRISIL-IBX Financial Services 3-6 Months Debt Index Fund - Direct Plan - GrowthBandhan · Debt₹11.16#3131Y+6.92%3Y—5Y—10Y—
- ICICI Prudential CRISIL-IBX Financial Services 3-6 Months Debt Index Fund - Direct Plan - GrowthICICI Prudential · Debt₹11.15#3141Y+6.92%3Y—5Y—10Y—
- Nippon India Pharma Fund - Direct Plan - Growth OptionNippon India · Equity₹612.05#3151Y+6.88%3Y+16.91%5Y+12.93%10Y+15.25%
- Sundaram Arbitrage Fund(Formerly Known as Prinicpal Arbitrage Fund) - Direct Plan - GROWTHSundaram · Hybrid₹16.56#3161Y+6.88%3Y+7.27%5Y—10Y—
- QUANTUM SMALL CAP FUND - Direct Plan - Growth OptionQuantum · Equity₹13.69#3171Y+6.87%3Y+11.04%5Y—10Y—
- Tata Arbitrage Fund - Direct Plan - Growth OptionTata · Hybrid₹16.43#3181Y+6.85%3Y+7.50%5Y+6.92%10Y—
- Mirae Asset Arbitrage Fund - Direct Plan - GrowthMirae Asset · Hybrid₹14.68#3191Y+6.85%3Y+7.41%5Y+6.83%10Y—
- Aditya Birla Sun Life Value FundAditya Birla Sun Life · Equity₹148.94#3201Y+6.82%3Y+12.23%5Y+12.39%10Y+11.76%
- ADITYA BIRLA SUN LIFE ARBITRAGE FUND - Direct Plan - GROWTHAditya Birla Sun Life · Hybrid₹31.11#3211Y+6.82%3Y+7.45%5Y+6.86%10Y+6.39%
- Kotak Arbitrage Fund - Direct Plan - GrowthKotak Mahindra · Hybrid₹43.49#3221Y+6.82%3Y+7.48%5Y+7.00%10Y+6.46%
- Nippon India Arbitrage Fund - Direct Plan - Growth OptionNippon India · Hybrid₹31.14#3231Y+6.80%3Y+7.34%5Y+6.85%10Y+6.48%
- Axis CRISIL-IBX Financial Services 3-6 Months Debt Index Fund - Direct Plan - Growth optionAxis · Debt₹10.72#3241Y+6.78%3Y—5Y—10Y—
- Union Money Market Fund - Direct Plan - Growth OptionUnion · Debt₹1,377.50#3251Y+6.77%3Y+7.22%5Y+6.53%10Y—
- quant Equity Savings Fund - Direct Plan - Growth OptionQuant · Hybrid₹10.83#3261Y+6.76%3Y—5Y—10Y—
- Edelweiss Arbitrage Fund - Direct Plan - GrowthEdelweiss · Hybrid₹22.58#3271Y+6.76%3Y+7.42%5Y+6.95%10Y+6.53%
- Axis Arbitrage Fund - Direct Plan - Growth OptionAxis · Hybrid₹22.04#3281Y+6.76%3Y+7.38%5Y+6.87%10Y+6.46%
- Helios Mid Cap Fund - Direct Plan - GrowthHelios · Equity₹13.60#3291Y+6.75%3Y—5Y—10Y—
- Kotak CRISIL-IBX Financial Services 3-6 Months Debt Index Fund - Direct Plan - GrowthKotak Mahindra · Debt₹11.15#3301Y+6.74%3Y—5Y—10Y—
- LIC MF Ultra Short Term Fund - Direct Plan - GrowthLIC · Debt₹1,468.24#3311Y+6.73%3Y+7.25%5Y+6.36%10Y—
- Invesco India Ultra Short Term Fund - Direct Plan - GrowthInvesco · Debt₹3,130.43#3321Y+6.73%3Y+7.34%5Y+6.66%10Y+6.72%
- LIC MF Arbitrage Fund - Direct Plan - GrowthLIC · Hybrid₹15.66#3331Y+6.73%3Y+7.12%5Y+6.64%10Y—
- Axis Ultra Short Term Fund - Direct Plan - Growth OptionAxis · Debt₹17.01#3341Y+6.72%3Y+7.44%5Y+6.81%10Y—
- ICICI Prudential Arbitrage Fund - Direct Plan - GrowthICICI Prudential · Hybrid₹39.92#3351Y+6.72%3Y+7.34%5Y+6.80%10Y+6.34%
- Union Arbitrage Fund - Direct Plan - Growth OptionUnion · Hybrid₹15.75#3361Y+6.71%3Y+7.24%5Y+6.60%10Y—
- Aditya Birla Sun Life Crisil-IBX AAA NBFC-HFC INDEX-Sep 2026 Fund - Direct Plan - GROWTHAditya Birla Sun Life · Debt₹11.55#3371Y+6.70%3Y—5Y—10Y—
- HDFC Arbitrage Fund - Direct Plan - Growth OptionHDFC · Hybrid₹21.88#3381Y+6.70%3Y+7.31%5Y+6.74%10Y+6.14%
- UTI - Arbitrage Fund - Direct Plan - GrowthUTI · Hybrid₹40.46#3391Y+6.69%3Y+7.35%5Y+6.77%10Y+6.33%
- Nippon India CRISIL - IBX AAA Financial Services - Dec 2026 Index Fund - Direct Plan - Growth OptionNippon India · Debt₹11.54#3401Y+6.69%3Y—5Y—10Y—
- HSBC Arbitrage Fund - Direct Plan - GrowthHSBC · Hybrid₹22.04#3411Y+6.68%3Y+7.24%5Y—10Y—
- SBI Arbitrage Fund - Direct Plan - GrowthSBI · Hybrid₹38.99#3421Y+6.68%3Y+7.31%5Y+6.85%10Y+6.25%
- Bajaj Finserv Arbitrage Fund - Direct Plan - GrowthBajaj Finserv · Hybrid₹12.33#3431Y+6.67%3Y+7.02%5Y—10Y—
- Mirae Asset Ultra Short-Term Fund - Direct Plan - GrowthMirae Asset · Debt₹1,437.76#3441Y+6.65%3Y+7.42%5Y+6.73%10Y—
- Edelweiss Equity Savings Fund - Direct Plan - GrowthEdelweiss · Hybrid₹30.37#3451Y+6.65%3Y+10.84%5Y+9.28%10Y—
- ITI Arbitrage Fund - Direct Plan - Growth OptionITI · Hybrid₹14.67#3461Y+6.65%3Y+7.31%5Y+6.28%10Y—
- BANDHAN Dynamic Term Fund - Direct Plan - GrowthBandhan · Debt₹40.29#3471Y+6.64%3Y+7.95%5Y+6.20%10Y+7.25%
- DSP Ultra Short Term Fund - Direct Plan - GrowthDSP · Debt₹4,023.87#3481Y+6.63%3Y+7.40%5Y+6.70%10Y+6.40%
- Edelweiss Equity Savings FundEdelweiss · Hybrid₹30.38#3491Y+6.63%3Y+10.83%5Y+9.28%10Y—
- Kotak CRISIL- IBX AAA Bond Financial Services Index - Dec 2026 Fund - Direct Plan - GrowthKotak Mahindra · Debt₹11.27#3501Y+6.63%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?
2,135 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.