Top Indian Mutual Funds by 3Y CAGR
This page ranks 1,593 direct-plan Indian mutual funds by 3Y compound annual growth rate, calculated from official daily NAV history and refreshed every day. Three years covers at least part of a market cycle. It is long enough to be informative but still short enough that one strong sector run can dominate the result.
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 12 of 48
- UTI Value Fund - Direct Plan - GrowthUTI · Equity₹171.23#5511Y-8.16%3Y+10.16%5Y+9.38%10Y+12.72%
- Mirae Asset ELSS Tax Saver Fund - Direct Plan - GrowthMirae Asset · Equity₹53.69#5521Y-4.76%3Y+10.16%5Y+8.96%10Y+15.83%
- Mahindra Manulife Aggressive Hybrid Fund - Direct Plan - GrowthMahindra Manulife · Hybrid₹28.86#5531Y-5.58%3Y+10.15%5Y+10.20%10Y—
- SUNDARAM LONG TERM MICRO CAP TAX ADVANTAGE SERIES VSundaram · Equity₹30.12#5541Y+3.78%3Y+10.14%5Y+12.81%10Y—
- ICICI Prudential Dynamic Asset Allocation Active FOF - Direct Plan - GrowthICICI Prudential · Other₹134.58#5551Y-0.55%3Y+10.13%5Y+10.18%10Y+11.80%
- BANK OF INDIA ELSS TAX SAVER FUND - GrowthBank of India · Equity₹171.87#5561Y+0.06%3Y+10.12%5Y+8.85%10Y+14.88%
- Shriram Multi Asset Allocation Fund - Direct Plan - GrowthShriram · Hybrid₹13.34#5571Y+1.32%3Y+10.11%5Y—10Y—
- Mirae Asset Aggressive Hybrid Fund - Direct Plan - GrowthMirae Asset · Hybrid₹38.12#5581Y+0.03%3Y+10.11%5Y+8.94%10Y+12.83%
- PGIM India Midcap Fund - Direct Plan - Direct GrowthPGIM India · Equity₹73.93#5591Y-2.95%3Y+10.08%5Y+9.06%10Y+15.49%
- BANK OF INDIA CREDIT RISK FUND - Direct Plan - GrowthBank of India · Debt₹14.94#5601Y+17.19%3Y+10.07%5Y+10.42%10Y+2.04%
- ICICI Prudential Value Fund (erstwhile Value Discovery Fund) - Direct Plan - GrowthICICI Prudential · Equity₹478.37#5611Y-8.67%3Y+10.07%5Y+12.03%10Y+13.99%
- Edelweiss Aggressive Hybrid FundEdelweiss · Hybrid₹61.97#5621Y-2.55%3Y+10.06%5Y+10.34%10Y+11.55%
- Canara Robeco ELSS - Tax Saver Fund - Direct Plan - GROWTH OPTIONCanara Robeco · Equity₹191.09#5631Y-3.71%3Y+10.00%5Y+8.65%10Y+14.32%
- Union Flexi Cap Fund - Direct Plan - Growth OptionUnion · Equity₹57.04#5641Y-1.33%3Y+9.99%5Y+8.94%10Y+12.96%
- ICICI Prudential QUANT FUND - Direct Plan - GrowthICICI Prudential · Equity₹22.72#5651Y-3.81%3Y+9.98%5Y+8.89%10Y—
- Mahindra Manulife Balanced Advantage Fund - Direct Plan - GrowthMahindra Manulife · Hybrid₹15.55#5661Y+0.06%3Y+9.96%5Y—10Y—
- Canara Robeco Flexi Cap Fund - Direct Plan - GROWTH OPTIONCanara Robeco · Equity₹367.15#5671Y-5.60%3Y+9.96%5Y+8.04%10Y+13.74%
- quant Business Cycle Fund - Direct Plan - Growth OptionQuant · Equity₹16.42#5681Y+1.69%3Y+9.94%5Y—10Y—
- HDFC Business Cycle Fund - Direct Plan - Growth OptionHDFC · Equity₹15.39#5691Y-1.40%3Y+9.94%5Y—10Y—
- SUNDARAM LONG TERM MICRO CAP TAX ADVANTAGE SERIES VSundaram · Equity₹29.20#5701Y+3.54%3Y+9.90%5Y+12.56%10Y—
- Quantum Diversified Equity All Cap Active FOF - Direct Plan - Growth OptionQuantum · Other₹82.88#5711Y-3.49%3Y+9.89%5Y+8.17%10Y+11.44%
- ICICI Prudential Balanced Advantage Fund - Direct Plan - GrowthICICI Prudential · Hybrid₹84.95#5721Y+0.45%3Y+9.88%5Y+9.66%10Y+10.95%
- Groww Nifty Total Market Index Fund - Direct Plan - GrowthGroww · Equity₹13.19#5731Y-5.32%3Y+9.88%5Y—10Y—
- Mirae Asset Large & Midcap Fund - Direct Plan - GrowthMirae Asset · Equity₹166.98#5741Y-3.18%3Y+9.88%5Y+8.76%10Y+15.37%
- Groww Nifty Total Market Index Fund - Direct Plan - Income Distribution cum capital withdrawalGroww · Equity₹13.19#5751Y-5.32%3Y+9.88%5Y—10Y—
- Edelweiss NIFTY Large Midcap 250 Index Fund - Direct Plan - GrowthEdelweiss · Equity₹16.27#5761Y-4.60%3Y+9.82%5Y—10Y—
- Edelweiss Balanced Advantage Fund - Direct Plan - GrowthEdelweiss · Hybrid₹59.48#5771Y+1.43%3Y+9.74%5Y+8.56%10Y+11.75%
- BARODA BNP PARIBAS LARGE CAP FUND - Direct Plan - Growth OptionBaroda BNP Paribas · Equity₹244.06#5781Y-3.93%3Y+9.72%5Y—10Y—
- Invesco India Aggressive Hybrid Fund - Direct Plan - GrowthInvesco · Hybrid₹23.39#5791Y-7.94%3Y+9.71%5Y+8.57%10Y—
- Motilal Oswal Midcap FundMotilal Oswal · Equity₹47.15#5801Y-9.57%3Y+9.70%5Y+11.27%10Y+7.99%
- Aditya Birla Sun Life Aggressive Hybrid Omni FOF - Direct Plan - GROWTHAditya Birla Sun Life · Other₹45.66#5811Y-0.38%3Y+9.69%5Y+9.05%10Y+10.16%
- Canara Robeco Aggressive Hybrid Fund - Direct Plan - GROWTH OPTIONCanara Robeco · Hybrid₹404.61#5821Y-2.11%3Y+9.68%5Y+8.34%10Y+12.21%
- Motilal Oswal BSE Quality Index FundMotilal Oswal · Equity₹15.82#5831Y-5.05%3Y+9.66%5Y—10Y—
- BARODA BNP PARIBAS AGGRESSIVE HYBRID FUND - Direct Plan - Growth OptionBaroda BNP Paribas · Hybrid₹31.26#5841Y-2.27%3Y+9.66%5Y—10Y—
- DSP Dynamic Asset Allocation Fund - Direct Plan - GrowthDSP · Hybrid₹32.42#5851Y+1.52%3Y+9.66%5Y+8.12%10Y+9.17%
- HDFC Balanced Advantage Fund - Direct Plan - Growth OptionHDFC · Hybrid₹543.78#5861Y-4.06%3Y+9.65%5Y+12.55%10Y+13.83%
- ICICI Prudential ESG Exclusionary Strategy Fund - Direct Plan - GrowthICICI Prudential · Equity₹21.62#5871Y-10.85%3Y+9.65%5Y+8.54%10Y—
- Aditya Birla Sun Life Large & Mid Cap Fund - Direct Plan - GROWTHAditya Birla Sun Life · Equity₹1,012.61#5881Y+0.56%3Y+9.65%5Y+5.85%10Y+10.85%
- SUNDARAM LONG TERM MICRO CAP TAX ADVANTAGE FUND SERIES VISundaram · Equity₹28.95#5891Y+2.90%3Y+9.64%5Y+13.01%10Y—
- Union Aggressive Hybrid Fund - Direct Plan - Growth OptionUnion · Hybrid₹19.29#5901Y+0.21%3Y+9.63%5Y+8.11%10Y—
- HDFC Multi Cap Fund - Direct Plan - Growth OptionHDFC · Equity₹18.70#5911Y-6.22%3Y+9.61%5Y—10Y—
- Nippon India Balanced Advantage Fund - Direct Plan - Growth OptionNippon India · Hybrid₹203.30#5921Y-0.07%3Y+9.60%5Y+8.84%10Y+10.66%
- Aditya Birla Sun Life Retirement Fund-The 40s Plan - Direct Plan - GROWTHAditya Birla Sun Life · Solution Oriented₹20.63#5931Y-2.03%3Y+9.58%5Y+8.11%10Y—
- Mahindra Manulife Asia Pacific REITs FOF - Direct Plan - GrowthMahindra Manulife · Other₹10.61#5941Y+1.64%3Y+9.57%5Y+1.00%10Y—
- Kotak Flexi Cap Fund - Direct Plan - GrowthKotak Mahindra · Equity₹90.83#5951Y-6.41%3Y+9.56%5Y+9.05%10Y+12.67%
- Motilal Oswal BSE Financials ex Bank 30 Index FundMotilal Oswal · Equity₹16.06#5961Y-6.97%3Y+9.54%5Y—10Y—
- DSP Nifty 50 Equal Weight ETFDSP · Equity₹317.33#5971Y-5.16%3Y+9.50%5Y+9.40%10Y—
- Kotak Equity Savings Fund - Direct Plan - GrowthKotak Mahindra · Hybrid₹30.19#5981Y+2.08%3Y+9.50%5Y+9.54%10Y+9.75%
- Mirae Asset Equity Savings Fund - Direct Plan - GrowthMirae Asset · Hybrid₹22.76#5991Y+3.49%3Y+9.49%5Y+8.53%10Y—
- Axis Retirement Fund - Aggressive Plan - Direct Plan - Growth OptionAxis · Solution Oriented₹19.45#6001Y-4.28%3Y+9.49%5Y+5.80%10Y—
3Y CAGR rankings — frequently asked questions
What does 3Y 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 3 years. 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?
1,593 direct-plan schemes with a recent NAV and enough history to compute a 3Y figure. Funds without sufficient NAV history for this horizon are excluded rather than shown with an estimated number.