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 21 of 48
- Nippon India Nifty G-Sec Sep 2027 Maturity Index Fund - Direct Plan - Growth OptionNippon India · Debt₹13.03#10011Y+5.15%3Y+7.38%5Y—10Y—
- BANDHAN CRISIL IBX GILT JUNE 2027 INDEX FUND - Direct Plan - GrowthBandhan · Debt₹13.97#10021Y+5.23%3Y+7.38%5Y+6.00%10Y—
- HDFC Housing Opportunities Fund - Direct Plan - Growth OptionHDFC · Equity₹22.17#10031Y-8.63%3Y+7.38%5Y+9.67%10Y—
- UTI - Money Market Fund - Direct Plan - GrowthUTI · Debt₹3,392.64#10041Y+6.53%3Y+7.38%5Y+6.77%10Y+6.73%
- Invesco India Arbitrage Fund - Direct Plan - GrowthInvesco · Hybrid₹37.46#10051Y+6.72%3Y+7.38%5Y+7.09%10Y+6.44%
- Kotak Short Term Fund - Direct Plan - (Growth)Kotak Mahindra · Debt₹61.36#10061Y+4.72%3Y+7.38%5Y+6.40%10Y+7.18%
- ICICI Prudential Money Market Fund - Direct Plan - GrowthICICI Prudential · Debt₹417.45#10071Y+6.52%3Y+7.37%5Y+6.73%10Y+6.70%
- Bajaj Finserv Money Market Fund - Direct Plan - GrowthBajaj Finserv · Debt₹1,261.65#10081Y+6.52%3Y+7.37%5Y—10Y—
- SBI Retirement Benefit Fund - Aggressive Plan - Direct Plan - GrowthSBI · Solution Oriented₹20.82#10091Y-2.78%3Y+7.37%5Y+9.39%10Y—
- Tata Floating Interest Rates Fund - Direct Plan - Growth OptionTata · Debt₹14.00#10101Y+5.68%3Y+7.37%5Y+6.70%10Y—
- Nippon India Floating Interest Rates Fund - Direct Plan - Growth OptionNippon India · Debt₹50.98#10111Y+4.86%3Y+7.37%5Y+6.55%10Y+7.15%
- Axis Nifty 100 Index Fund - Direct Plan - Growth OptionAxis · Equity₹21.32#10121Y-7.37%3Y+7.36%5Y+6.16%10Y—
- Invesco India Nifty G-sec Sep 2032 Index Fund - Direct Plan - GrowthInvesco · Debt₹1,278.98#10131Y+2.67%3Y+7.36%5Y—10Y—
- DSP Nifty Midcap 150 Quality 50 Index Fund - Direct Plan - GrowthDSP · Equity₹14.13#10141Y-4.61%3Y+7.36%5Y—10Y—
- Canara Robeco Conservative Hybrid Fund - Direct Plan - GROWTH OPTIONCanara Robeco · Hybrid₹114.25#10151Y+1.58%3Y+7.36%5Y+6.60%10Y+8.39%
- ADITYA BIRLA SUN LIFE ARBITRAGE FUND - Direct Plan - GROWTHAditya Birla Sun Life · Hybrid₹31.06#10161Y+6.63%3Y+7.35%5Y+6.82%10Y+6.37%
- HSBC Corporate Bond Fund - Direct Plan - GrowthHSBC · Debt₹83.27#10171Y+4.57%3Y+7.35%5Y—10Y—
- Bandhan Income Plus Arbitrage Active FOF - Direct Plan - GrowthBandhan · Other₹49.41#10181Y+5.62%3Y+7.35%5Y+6.27%10Y+7.01%
- LIC MF Nifty 100 ETFLIC · Equity₹260.77#10191Y-7.39%3Y+7.35%5Y+6.10%10Y+11.38%
- SBI Fixed Maturity Plan (FMP) - Series 52 (1848 Days) - Direct Plan - GrowthSBI · Debt₹13.45#10201Y+5.65%3Y+7.35%5Y+6.15%10Y—
- LIC MF Ultra Short to Short Term fund - Direct Plan - GrowthLIC · Debt₹46.50#10211Y+6.31%3Y+7.34%5Y+6.56%10Y+6.45%
- Invesco India Ultra Short Term Fund - Direct Plan - GrowthInvesco · Debt₹3,131.13#10221Y+6.75%3Y+7.34%5Y+6.67%10Y+6.72%
- SBI Fixed Maturity Plan (FMP) - Series 51 (1846 Days) - Direct Plan - GrowthSBI · Debt₹13.46#10231Y+5.73%3Y+7.33%5Y+6.09%10Y—
- BHARAT Bond FOF- April 2031 - Direct Plan - GrowthEdelweiss · Other₹14.29#10241Y+3.57%3Y+7.33%5Y+6.28%10Y—
- BARODA BNP PARIBAS ULTRA SHORT TO SHORT TERM FUND - Direct Plan - Growth OptionBaroda BNP Paribas · Debt₹47.58#10251Y+6.24%3Y+7.33%5Y—10Y—
- Aditya Birla Sun Life Ultra short to short term Fund - Direct Plan - GROWTHAditya Birla Sun Life · Debt₹786.63#10261Y+5.96%3Y+7.33%5Y+6.76%10Y+7.20%
- Edelweiss Arbitrage Fund - Direct Plan - GrowthEdelweiss · Hybrid₹22.54#10271Y+6.56%3Y+7.32%5Y+6.91%10Y+6.51%
- Edelweiss Money Market Fund - Direct Plan - GrowthEdelweiss · Debt₹34.07#10281Y+6.59%3Y+7.32%5Y+6.52%10Y—
- UTI Ultra Short Term Fund - Direct Plan - GrowthUTI · Debt₹4,942.01#10291Y+6.64%3Y+7.32%5Y+6.67%10Y+6.54%
- UTI Conservative Hybrid Fund - Direct Plan - Monthly Payment PlanUTI · Hybrid₹74.58#10301Y-0.11%3Y+7.32%5Y+6.54%10Y+7.74%
- UTI Conservative Hybrid Fund - Direct Plan - GrowthUTI · Hybrid₹75.82#10311Y-0.11%3Y+7.32%5Y+6.54%10Y+7.74%
- HSBC Money Market Fund - Direct Plan - GrowthHSBC · Debt₹30.07#10321Y+6.50%3Y+7.32%5Y—10Y—
- Bandhan 10 year Constant Maturity Gilt Fund - Direct Plan - GrowthBandhan · Debt₹48.37#10331Y+2.49%3Y+7.31%5Y+5.57%10Y+7.67%
- SBI Money Market Fund - Direct Plan - GrowthSBI · Debt₹48.27#10341Y+6.40%3Y+7.31%5Y+6.69%10Y+6.76%
- HDFC Nifty G-Sec Sep 2032 Index Fund - Direct Plan - Growth OptionHDFC · Debt₹13.06#10351Y+2.62%3Y+7.31%5Y—10Y—
- Bharat Bond FOF - April 2030 - Direct Plan - GrowthEdelweiss · Other₹15.96#10361Y+3.57%3Y+7.30%5Y+6.30%10Y—
- ICICI Prudential Dynamic Term Fund - Direct Plan - GrowthICICI Prudential · Debt₹42.25#10371Y+3.71%3Y+7.30%5Y+6.83%10Y+7.75%
- Tata Ultra Short to Short Term Fund - Direct Plan - Growth OptionTata · Debt₹4,381.40#10381Y+6.28%3Y+7.30%5Y+6.54%10Y+6.20%
- Mirae Asset Arbitrage Fund - Direct Plan - GrowthMirae Asset · Hybrid₹14.65#10391Y+6.62%3Y+7.29%5Y+6.78%10Y—
- Mahindra Manulife Ultra Short Term Fund - Direct Plan - GrowthMahindra Manulife · Debt₹1,530.85#10401Y+6.62%3Y+7.29%5Y+6.64%10Y—
- Sundaram Money Market Fund - Direct Plan - GROWTHSundaram · Debt₹16.40#10411Y+6.52%3Y+7.29%5Y+6.57%10Y—
- Axis Arbitrage Fund - Direct Plan - Growth OptionAxis · Hybrid₹22.00#10421Y+6.57%3Y+7.28%5Y+6.83%10Y+6.44%
- Tata Nifty G-Sec Dec 2026 Index Fund - Direct Plan - Growth OptionTata · Debt₹12.92#10431Y+5.60%3Y+7.28%5Y—10Y—
- Kotak Corporate Bond Fund - Direct Plan - Growth OptionKotak Mahindra · Debt₹4,199.48#10441Y+4.25%3Y+7.27%5Y+6.38%10Y+7.16%
- Sundaram Ultra Short Term Fund (Formerly Known as Sundaram Ultra Short Duration Fund) - Direct Plan - GROWTHSundaram · Debt₹3,180.02#10451Y+6.54%3Y+7.27%5Y—10Y—
- Sundaram Ultra Short to Short Term Fund (Formerly Known as Sundaram Low Duration Fund) - Direct Plan - GROWTHSundaram · Debt₹4,009.82#10461Y+5.90%3Y+7.27%5Y—10Y—
- HDFC Nifty SDL Oct 2026 Index Fund - Direct Plan - Growth OptionHDFC · Debt₹12.93#10471Y+5.60%3Y+7.27%5Y—10Y—
- Nippon India ETF Nifty 5 yr Benchmark G-Sec - Direct PlanNippon India · Debt₹65.37#10481Y+3.47%3Y+7.26%5Y+5.94%10Y—
- LIC MF Banking & PSU Debt Fund - Direct Plan - GrowthLIC · Debt₹40.10#10491Y+4.66%3Y+7.26%5Y+6.26%10Y+6.95%
- Tata Aggressive Hybrid Fund - Direct Plan - Growth OptionTata · Hybrid₹476.81#10501Y-3.41%3Y+7.26%5Y+7.35%10Y+9.62%
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.