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 8 of 48
- Baroda BNP Paribas Manufacturing Fund - Direct Plan - Growth OptionBaroda BNP Paribas · Equity₹10.66#3511Y+6.62%3Y—5Y—10Y—
- Bandhan Money Market Fund - Direct Plan - GrowthBandhan · Debt₹47.48#3521Y+6.62%3Y+7.41%5Y+6.72%10Y+6.48%
- DSP Arbitrage fund - Direct Plan - GrowthDSP · Hybrid₹16.95#3531Y+6.62%3Y+7.23%5Y+6.70%10Y—
- UTI Ultra Short Term Fund - Direct Plan - GrowthUTI · Debt₹4,940.68#3541Y+6.62%3Y+7.31%5Y+6.67%10Y+6.53%
- LIC MF Money Market Fund - Direct Plan - GrowthLIC · Debt₹1,309.30#3551Y+6.61%3Y+6.80%5Y—10Y—
- Tata Money Market Fund - Direct Plan - Growth OptionTata · Debt₹5,234.53#3561Y+6.61%3Y+7.52%5Y+6.89%10Y+6.05%
- JioBlackRock Liquid Fund - Direct Plan - Growth OptionJio BlackRock · Debt₹1,083.12#3571Y+6.60%3Y—5Y—10Y—
- Axis Liquid Fund - Direct Plan - Growth OptionAxis · Debt₹3,177.63#3581Y+6.60%3Y+7.00%5Y+6.44%10Y+6.16%
- Aditya Birla Sun Life Liquid Fund - Direct Plan - GROWTHAditya Birla Sun Life · Debt₹461.46#3591Y+6.60%3Y+7.00%5Y+6.46%10Y+6.18%
- Bank of India Money Market Fund - Direct Plan - GrowthBank of India · Debt₹11.24#3601Y+6.59%3Y—5Y—10Y—
- Sundaram Liquid Fund (Formerly Known as Principal Cash Management Fund) - Direct Plan - GROWTHSundaram · Debt₹2,524.59#3611Y+6.59%3Y+6.99%5Y—10Y—
- Mahindra Manulife Ultra Short Term Fund - Direct Plan - GrowthMahindra Manulife · Debt₹1,530.42#3621Y+6.59%3Y+7.28%5Y+6.64%10Y—
- Axis Money Market Fund - Direct Plan - Growth OptionAxis · Debt₹1,570.81#3631Y+6.59%3Y+7.45%5Y+6.80%10Y—
- ICICI Prudential Ultra Short term Fund - Direct Plan - GrowthICICI Prudential · Debt₹32.57#3641Y+6.59%3Y+7.39%5Y+6.79%10Y+7.15%
- BANDHAN Arbitrage Fund - Direct Plan - GrowthBandhan · Hybrid₹38.05#3651Y+6.59%3Y+7.34%5Y+6.80%10Y+6.34%
- TRUSTMF ARBITRAGE FUND - Direct Plan - GrowthTrust · Hybrid₹10.73#3661Y+6.58%3Y—5Y—10Y—
- DSP Liquid Fund - Direct Plan - GrowthDSP · Debt₹4,084.46#3671Y+6.57%3Y+6.98%5Y+6.41%10Y+6.12%
- Nippon India Liquid Fund - Direct Plan - Growth OptionNippon India · Debt₹6,991.91#3681Y+6.57%3Y+6.97%5Y+6.42%10Y+6.16%
- Baroda BNP Paribas Ultra Short Term Fund - Direct Plan - Growth OptionBaroda BNP Paribas · Debt₹1,696.28#3691Y+6.57%3Y+7.22%5Y+6.69%10Y—
- Edelweiss Money Market Fund - Direct Plan - GrowthEdelweiss · Debt₹34.07#3701Y+6.56%3Y+7.32%5Y+6.52%10Y—
- Edelweiss Liquid Fund - Direct Plan - GrowthEdelweiss · Debt₹3,691.76#3711Y+6.56%3Y+7.00%5Y+6.43%10Y—
- Aditya Birla Sun Life Ultra Short Term Fund - Direct Plan - GROWTHAditya Birla Sun Life · Debt₹606.86#3721Y+6.56%3Y+7.48%5Y+6.80%10Y+6.95%
- Franklin India Money Market Fund - Direct Plan - Retail Plan GrowthFranklin Templeton · Debt₹56.35#3731Y+6.55%3Y+7.40%5Y+6.68%10Y+6.77%
- PGIM India Arbitrage FundPGIM India · Hybrid₹21.24#3741Y+6.55%3Y+7.08%5Y+6.52%10Y+6.09%
- 360 ONE Flexicap Fund - Direct Plan - GROWTH Option360 ONE · Equity₹16.82#3751Y+6.55%3Y+16.29%5Y—10Y—
- Kotak Money Market Fund - Direct Plan - (Growth)Kotak Mahindra · Debt₹4,927.09#3761Y+6.55%3Y+7.38%5Y+6.75%10Y+6.65%
- Franklin India Liquid Fund - Direct Plan - Super Institutional GrowthFranklin Templeton · Debt₹4,293.05#3771Y+6.55%3Y+6.98%5Y+6.41%10Y+6.17%
- BANK OF INDIA LIQUID FUND - Direct Plan - GrowthBank of India · Debt₹3,289.02#3781Y+6.54%3Y+6.96%5Y+6.43%10Y+6.12%
- Mahindra Manulife Liquid Fund - Direct Plan - GrowthMahindra Manulife · Debt₹1,860.07#3791Y+6.54%3Y+6.97%5Y+6.44%10Y+6.19%
- Aditya Birla Sun Life Money Market Fund - Direct Plan - GROWTHAditya Birla Sun Life · Debt₹407.51#3801Y+6.54%3Y+7.41%5Y+6.80%10Y+6.84%
- DSP Money Market Fund - Direct Plan - GrowthDSP · Debt₹58.93#3811Y+6.53%3Y+7.23%5Y+6.50%10Y+6.45%
- PGIM India Liquid Fund - Direct Plan - Direct GrowthPGIM India · Debt₹372.57#3821Y+6.53%3Y+6.97%5Y+6.42%10Y+6.16%
- Groww Liquid Fund - Direct Plan - GrowthGroww · Debt₹2,768.04#3831Y+6.53%3Y+6.97%5Y+6.31%10Y+6.05%
- UTI - Liquid Fund - Direct Plan - GrowthUTI · Debt₹468.17#3841Y+6.53%3Y+6.95%5Y+6.41%10Y+6.13%
- HDFC Money Market Fund - Direct Plan - Growth OptionHDFC · Debt₹6,336.04#3851Y+6.53%3Y+7.38%5Y+6.76%10Y+6.76%
- HDFC Credit Risk Fund - Direct Plan - Growth OptionHDFC · Debt₹28.34#3861Y+6.53%3Y+8.13%5Y+7.07%10Y+7.75%
- Bajaj Finserv Liquid Fund - Direct Plan - GrowthBajaj Finserv · Debt₹1,246.29#3871Y+6.52%3Y+6.96%5Y—10Y—
- Union Multicap Fund - Direct Plan - Growth OptionUnion · Equity₹17.80#3881Y+6.52%3Y+13.79%5Y—10Y—
- Union Liquid Fund - Direct Plan - Growth OptionUnion · Debt₹2,754.05#3891Y+6.52%3Y+6.96%5Y+6.42%10Y+5.74%
- Invesco India Liquid Fund - Direct Plan - GrowthInvesco · Debt₹1,857.53#3901Y+6.52%3Y+6.94%5Y+6.39%10Y+6.09%
- Invesco India Liquid Fund - Direct Plan - GrowthInvesco · Debt₹3,918.99#3911Y+6.52%3Y+6.94%5Y+6.38%10Y+6.09%
- Invesco India Liquid Fund - Direct Plan - GrowthInvesco · Debt₹1,857.11#3921Y+6.52%3Y+6.94%5Y+6.38%10Y+6.09%
- Parag Parikh Arbitrage Fund - Direct Plan - GrowthPPFAS · Hybrid₹12.21#3931Y+6.52%3Y+6.83%5Y—10Y—
- Sundaram Ultra Short Term Fund (Formerly Known as Sundaram Ultra Short Duration Fund) - Direct Plan - GROWTHSundaram · Debt₹3,179.42#3941Y+6.52%3Y+7.27%5Y—10Y—
- Tata Liquid Fund - Direct Plan - Growth OptionTata · Debt₹4,506.87#3951Y+6.52%3Y+6.96%5Y+6.40%10Y+6.14%
- Kotak Liquid Fund - Direct Plan - GrowthKotak Mahindra · Debt₹5,768.64#3961Y+6.51%3Y+6.94%5Y+6.39%10Y+6.08%
- HDFC Liquid Fund - Direct Plan - Growth OptionHDFC · Debt₹5,606.19#3971Y+6.51%3Y+6.92%5Y+6.37%10Y+6.06%
- BANDHAN LIQUID Fund - Unclaimed Redemption Less than 3 yearsBandhan · Debt₹1.84#3981Y+6.50%3Y+6.92%5Y+6.38%10Y+6.07%
- LIC MF Liquid Fund - Direct Plan - GrowthLIC · Debt₹5,182.63#3991Y+6.50%3Y+6.93%5Y+6.38%10Y+6.13%
- Canara Robeco Ultra Short Term Fund - Direct Plan - GROWTH OPTIONCanara Robeco · Debt₹4,382.60#4001Y+6.50%3Y+7.06%5Y+6.36%10Y+6.11%
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.