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 20 of 48
- SBI Fixed Maturity Plan (FMP) - Series 55 (1849 Days) - Direct Plan - GrowthSBI · Debt₹13.43#9511Y+5.76%3Y+7.45%5Y—10Y—
- Nippon India Corporate Bond Fund - Direct Plan - Growth OptionNippon India · Debt₹67.21#9521Y+4.46%3Y+7.44%5Y+6.72%10Y+7.20%
- UTI - Unit Linked Insurance Plan - Direct Plan - GrowthUTI · Hybrid₹46.02#9531Y+0.15%3Y+7.44%5Y+5.46%10Y+7.60%
- Mirae Asset Ultra Short to Short Term Fund - Direct Plan - GrowthMirae Asset · Debt₹2,666.36#9541Y+6.21%3Y+7.44%5Y+6.65%10Y+6.54%
- DSP Nifty Midcap 150 Quality 50 ETFDSP · Equity₹23.77#9551Y-4.41%3Y+7.44%5Y—10Y—
- Nippon India Nifty G-Sec Oct 2028 Maturity Index Fund - Direct Plan - Growth OptionNippon India · Debt₹12.99#9561Y+4.43%3Y+7.44%5Y—10Y—
- Nippon India Ultra Short to Short Term Fund - Direct Plan - Growth OptionNippon India · Debt₹4,306.97#9571Y+6.25%3Y+7.44%5Y+6.75%10Y+6.93%
- HDFC Nifty G-Sec July 2031 Index Fund - Direct Plan - Growth OptionHDFC · Debt₹13.19#9581Y+2.80%3Y+7.43%5Y—10Y—
- Mahindra Manulife Ultra Short to Short Term Fund - Direct Plan - GrowthMahindra Manulife · Debt₹1,901.79#9591Y+6.23%3Y+7.43%5Y+6.70%10Y—
- Aditya Birla Sun Life Nifty SDL Apr 2027 Index Fund - Direct Plan - GROWTHAditya Birla Sun Life · Debt₹13.39#9601Y+5.71%3Y+7.43%5Y—10Y—
- HDFC Large Cap Fund - Direct Plan - Growth OptionHDFC · Equity₹1,158.97#9611Y-6.58%3Y+7.43%5Y+8.85%10Y+11.93%
- SBI Fixed Maturity Plan (FMP) - Series 53 (1839 Days) - Direct Plan - GrowthSBI · Debt₹13.47#9621Y+5.70%3Y+7.43%5Y+6.18%10Y—
- Axis Ultra Short to Short Term Fund - Direct Plan - Growth OptionAxis · Debt₹3,517.20#9631Y+6.21%3Y+7.43%5Y+6.70%10Y+7.01%
- Kotak ESG Exclusionary Strategy Fund - Direct Plan - Growth OptionKotak Mahindra · Equity₹17.42#9641Y-7.53%3Y+7.42%5Y+6.32%10Y—
- LIC MF Medium to Long Term Fund - Direct Plan - GrowthLIC · Debt₹81.98#9651Y+3.73%3Y+7.42%5Y+6.24%10Y+6.23%
- Franklin India Conservative Hybrid Fund - Direct Plan - GrowthFranklin Templeton · Hybrid₹101.80#9661Y+0.64%3Y+7.42%5Y+6.85%10Y+7.23%
- Mirae Asset Ultra Short-Term Fund - Direct Plan - GrowthMirae Asset · Debt₹1,438.15#9671Y+6.68%3Y+7.42%5Y+6.73%10Y—
- HSBC Income Plus Arbitrage Active FOF (erstwhile HSBC Managed Solution India - Conservative Plan) - Direct Plan - GrowthHSBC · Other₹24.22#9681Y+4.76%3Y+7.42%5Y+6.12%10Y+6.40%
- Invesco India Nifty G-sec Jul 2027 Index Fund - Direct Plan - GrowthInvesco · Debt₹1,283.42#9691Y+5.24%3Y+7.42%5Y—10Y—
- BANDHAN CRISIL IBX 90:10 SDL PLUS GILT - NOV 2026 INDEX FUND - Direct Plan - GrowthBandhan · Debt₹13.14#9701Y+5.75%3Y+7.42%5Y—10Y—
- Bandhan Money Market Fund - Direct Plan - GrowthBandhan · Debt₹47.50#9711Y+6.64%3Y+7.41%5Y+6.73%10Y+6.48%
- Franklin India Banking & PSU Debt Fund - Direct Plan - GrowthFranklin Templeton · Debt₹25.31#9721Y+5.53%3Y+7.41%5Y+6.42%10Y+7.17%
- ICICI Prudential Ultra Short to Short Term Fund - Direct Plan - GrowthICICI Prudential · Debt₹597.47#9731Y+6.19%3Y+7.41%5Y+6.65%10Y+7.07%
- Aditya Birla Sun Life Money Market Fund - Direct Plan - GROWTHAditya Birla Sun Life · Debt₹407.60#9741Y+6.56%3Y+7.41%5Y+6.80%10Y+6.84%
- Aditya Birla Sun Life Floating Interest Rates Fund - Direct Plan - GROWTHAditya Birla Sun Life · Debt₹386.68#9751Y+5.95%3Y+7.41%5Y+6.79%10Y+7.12%
- SBI EQUITY SAVINGS FUND - Direct Plan - GrowthSBI · Hybrid₹27.23#9761Y+2.45%3Y+7.41%5Y+7.79%10Y+8.94%
- Axis Dynamic Term Fund - Direct Plan - Growth OptionAxis · Debt₹34.71#9771Y+4.91%3Y+7.41%5Y+6.17%10Y+7.25%
- Sundaram Short Term Fund (Formerly Known as Sundaram Short Duration Fund) - Direct Plan - GROWTHSundaram · Debt₹51.36#9781Y+5.04%3Y+7.41%5Y—10Y—
- Nippon India Money Market Fund - Direct Plan - Growth OptionNippon India · Debt₹4,570.46#9791Y+6.52%3Y+7.41%5Y+6.81%10Y+6.76%
- Bharat Bond ETF - April 2030Edelweiss · Debt₹1,607.01#9801Y+3.82%3Y+7.41%5Y+6.41%10Y—
- DSP Ultra Short Term Fund - Direct Plan - GrowthDSP · Debt₹4,025.06#9811Y+6.66%3Y+7.41%5Y+6.70%10Y+6.40%
- BANDHAN CRISIL IBX GILT APRIL 2032 INDEX FUND - Direct Plan - GrowthBandhan · Debt₹12.96#9821Y+2.78%3Y+7.40%5Y—10Y—
- Franklin India Money Market Fund - Direct Plan - Retail Plan GrowthFranklin Templeton · Debt₹56.36#9831Y+6.58%3Y+7.40%5Y+6.68%10Y+6.77%
- Mirae Asset Money Market Fund - Direct Plan - GrowthMirae Asset · Debt₹1,388.06#9841Y+6.47%3Y+7.40%5Y+6.65%10Y—
- HSBC CRISIL IBX Gilt June 2027 Index Fund - Direct Plan - GrowthHSBC · Debt₹12.84#9851Y+5.23%3Y+7.40%5Y—10Y—
- Tata Arbitrage Fund - Direct Plan - Growth OptionTata · Hybrid₹16.40#9861Y+6.65%3Y+7.40%5Y+6.87%10Y—
- Edelweiss Large Cap FundEdelweiss · Equity₹79.09#9871Y-5.72%3Y+7.40%5Y+7.05%10Y+11.28%
- ICICI Prudential Fixed Maturity Plan - Series 88 - 1303 Days Plan SICICI Prudential · Debt₹12.89#9881Y+5.68%3Y+7.39%5Y—10Y—
- ICICI Prudential Fixed Maturity Plan - Series 88 - 1303 Days Plan SICICI Prudential · Debt₹12.89#9891Y+5.67%3Y+7.39%5Y—10Y—
- HDFC Ultra Short to Short Term Fund - Direct Plan - Growth OptionHDFC · Debt₹67.80#9901Y+6.07%3Y+7.39%5Y+6.73%10Y+7.06%
- ICICI Prudential Ultra Short term Fund - Direct Plan - GrowthICICI Prudential · Debt₹32.57#9911Y+6.61%3Y+7.39%5Y+6.79%10Y+7.15%
- Edelweiss Large Cap FundEdelweiss · Equity₹80.13#9921Y-5.73%3Y+7.39%5Y+7.04%10Y+11.28%
- HDFC Nifty G-Sec Jun 2027 Index Fund - Direct Plan - Growth OptionHDFC · Debt₹13.07#9931Y+5.17%3Y+7.39%5Y—10Y—
- HDFC Short Term Fund - Direct Plan - Growth OptionHDFC · Debt₹35.37#9941Y+4.81%3Y+7.39%5Y+6.52%10Y+7.28%
- Kotak Money Market Fund - Direct Plan - (Growth)Kotak Mahindra · Debt₹4,928.40#9951Y+6.58%3Y+7.39%5Y+6.75%10Y+6.65%
- Baroda BNP Paribas Short Term Fund (the scheme has 2 segregated portfolios) - Direct Plan - Growth OptionBaroda BNP Paribas · Debt₹34.00#9961Y+4.92%3Y+7.39%5Y+6.50%10Y+7.19%
- ICICI Prudential Nifty G-Sec Dec 2030 Index Fund - Direct Plan - GrowthICICI Prudential · Debt₹13.31#9971Y+3.23%3Y+7.39%5Y—10Y—
- Kotak Arbitrage Fund - Direct Plan - GrowthKotak Mahindra · Hybrid₹43.42#9981Y+6.64%3Y+7.39%5Y+6.95%10Y+6.44%
- Mahindra Manulife Dynamic Term Fund - Direct Plan - GrowthMahindra Manulife · Debt₹16.30#9991Y+3.56%3Y+7.38%5Y+5.88%10Y—
- HDFC Money Market Fund - Direct Plan - Growth OptionHDFC · Debt₹6,337.60#10001Y+6.55%3Y+7.38%5Y+6.76%10Y+6.76%
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.