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 24 of 48
- Franklin India Retirement Fund - Direct Plan - GrowthFranklin Templeton · Solution Oriented₹237.04#11511Y-2.03%3Y+7.04%5Y+6.58%10Y+7.61%
- LIC MF Arbitrage Fund - Direct Plan - GrowthLIC · Hybrid₹15.64#11521Y+6.59%3Y+7.03%5Y+6.60%10Y—
- Kotak Nifty SDL Apr 2032 Top 12 Equal Weight Index Fund - Direct Plan - GrowthKotak Mahindra · Debt₹13.36#11531Y+3.42%3Y+7.03%5Y—10Y—
- DSP FMP Series - 270 - 1172 DaysDSP · Debt₹12.79#11541Y+5.34%3Y+7.03%5Y—10Y—
- DSP FMP Series - 270 - 1172 DaysDSP · Debt₹12.78#11551Y+5.33%3Y+7.03%5Y—10Y—
- Nippon India Banking and PSU Debt Fund - Direct Plan - Growth OptionNippon India · Debt₹22.89#11561Y+4.16%3Y+7.02%5Y+6.18%10Y+7.11%
- BHARAT Bond ETF FOF - April 2032 - Direct Plan - GrowthEdelweiss · Other₹13.28#11571Y+2.43%3Y+7.01%5Y—10Y—
- Invesco India Corporate Bond Fund - Direct Plan - GrowthInvesco · Debt₹3,608.14#11581Y+3.78%3Y+7.01%5Y+6.04%10Y+6.42%
- WhiteOak Capital Ultra Short Term Fund - Direct Plan - Growth OptionWhiteOak Capital · Debt₹1,526.82#11591Y+6.41%3Y+7.01%5Y+6.37%10Y—
- Aditya Birla Sun Life Liquid Fund - Direct Plan - GROWTHAditya Birla Sun Life · Debt₹461.53#11601Y+6.60%3Y+7.00%5Y+6.46%10Y+6.18%
- PGIM India Corporate Bond Fund - Direct Plan - Direct GrowthPGIM India · Debt₹51.04#11611Y+3.89%3Y+7.00%5Y+6.20%10Y+6.81%
- Edelweiss Liquid Fund - Direct Plan - GrowthEdelweiss · Debt₹3,692.38#11621Y+6.56%3Y+7.00%5Y+6.44%10Y+6.08%
- Axis Gilt Fund - Direct Plan - Growth OptionAxis · Debt₹28.25#11631Y+2.32%3Y+7.00%5Y+5.82%10Y+6.72%
- Axis Liquid Fund - Direct Plan - Growth OptionAxis · Debt₹3,178.10#11641Y+6.60%3Y+7.00%5Y+6.45%10Y+6.16%
- ICICI Prudential Diversified Debt Strategy Active FOF - Direct Plan - GrowthICICI Prudential · Other₹49.63#11651Y+3.97%3Y+7.00%5Y+6.29%10Y+7.05%
- HSBC Ultra Short Term FundHSBC · Debt₹1,466.36#11661Y+6.40%3Y+6.99%5Y+6.34%10Y—
- Sundaram Banking and PSU Debt Fund (Formerly Known as Sundaram Banking and PSU Fund) - Direct Plan - GROWTHSundaram · Debt₹46.51#11671Y+4.35%3Y+6.99%5Y+6.00%10Y+6.43%
- Sundaram Liquid Fund (Formerly Known as Principal Cash Management Fund) - Direct Plan - GROWTHSundaram · Debt₹2,524.98#11681Y+6.59%3Y+6.99%5Y—10Y—
- Invesco India Medium Term Fund - Direct Plan - GrowthInvesco · Debt₹1,351.80#11691Y+3.82%3Y+6.98%5Y+5.89%10Y—
- Sundaram Corporate Bond Fund - Direct Plan - GROWTHSundaram · Debt₹44.13#11701Y+4.05%3Y+6.98%5Y+6.02%10Y+6.84%
- Franklin India Liquid Fund - Direct Plan - Super Institutional GrowthFranklin Templeton · Debt₹4,293.74#11711Y+6.55%3Y+6.98%5Y+6.41%10Y+6.17%
- Franklin India Equity Savings Fund - Direct Plan - GrowthFranklin Templeton · Hybrid₹18.65#11721Y+2.60%3Y+6.98%5Y+6.45%10Y—
- Mahindra Manulife Liquid Fund - Direct Plan - GrowthMahindra Manulife · Debt₹1,860.37#11731Y+6.54%3Y+6.98%5Y+6.44%10Y+6.19%
- PGIM India Arbitrage FundPGIM India · Hybrid₹21.19#11741Y+6.34%3Y+6.98%5Y+6.47%10Y+6.07%
- DSP Liquid Fund - Direct Plan - GrowthDSP · Debt₹4,085.12#11751Y+6.57%3Y+6.98%5Y+6.41%10Y+6.12%
- Canara Robeco Short Term Fund - Direct Plan - GROWTH OPTIONCanara Robeco · Debt₹29.61#11761Y+4.83%3Y+6.97%5Y+6.03%10Y+6.78%
- Nippon India Liquid Fund - Direct Plan - Growth OptionNippon India · Debt₹6,993.03#11771Y+6.57%3Y+6.97%5Y+6.42%10Y+6.16%
- Groww Liquid Fund - Direct Plan - GrowthGroww · Debt₹2,768.49#11781Y+6.53%3Y+6.97%5Y+6.31%10Y+6.05%
- BANK OF INDIA LIQUID FUND - Direct Plan - GrowthBank of India · Debt₹3,289.48#11791Y+6.54%3Y+6.97%5Y+6.43%10Y+6.12%
- PGIM India Liquid Fund - Direct Plan - Direct GrowthPGIM India · Debt₹372.63#11801Y+6.53%3Y+6.97%5Y+6.43%10Y+6.16%
- Union Liquid Fund - Direct Plan - Growth OptionUnion · Debt₹2,754.47#11811Y+6.52%3Y+6.96%5Y+6.42%10Y+5.74%
- Mahindra Manulife ELSS Tax Saver Fund - Direct Plan - GrowthMahindra Manulife · Equity₹31.08#11821Y-7.81%3Y+6.96%5Y+7.87%10Y+11.98%
- BHARAT Bond ETF FOF - April 2033 - Direct Plan - GrowthEdelweiss · Other₹12.95#11831Y+2.57%3Y+6.96%5Y—10Y—
- Tata Liquid Fund - Direct Plan - Growth OptionTata · Debt₹4,507.59#11841Y+6.52%3Y+6.96%5Y+6.40%10Y+6.14%
- Bajaj Finserv Liquid Fund - Direct Plan - GrowthBajaj Finserv · Debt₹1,246.48#11851Y+6.52%3Y+6.96%5Y—10Y—
- UTI ELSS Tax Saver Fund - Direct Plan - GrowthUTI · Equity₹215.84#11861Y-6.82%3Y+6.95%5Y+5.92%10Y+11.54%
- Canara Robeco Liquid Fund - Direct Plan - GROWTH OPTIONCanara Robeco · Debt₹3,422.40#11871Y+6.49%3Y+6.95%5Y+6.40%10Y+6.00%
- ITI Banking & PSU Debt Fund - Direct Plan - Growth OptionITI · Debt₹14.24#11881Y+4.49%3Y+6.95%5Y+6.32%10Y—
- UTI - Liquid Fund - Direct Plan - GrowthUTI · Debt₹468.25#11891Y+6.53%3Y+6.95%5Y+6.41%10Y+6.13%
- Kotak Medium to Long Term Fund - Direct Plan - GrowthKotak Mahindra · Debt₹89.98#11901Y+2.89%3Y+6.94%5Y+5.90%10Y+6.62%
- Invesco India Liquid Fund - Direct Plan - GrowthInvesco · Debt₹1,857.81#11911Y+6.52%3Y+6.94%5Y+6.39%10Y+6.09%
- Kotak Liquid Fund - Direct Plan - GrowthKotak Mahindra · Debt₹5,769.53#11921Y+6.51%3Y+6.94%5Y+6.39%10Y+6.08%
- HDFC Banking and PSU Debt Fund - Direct Plan - Growth OptionHDFC · Debt₹25.42#11931Y+4.05%3Y+6.94%5Y+6.16%10Y+7.04%
- Aditya Birla Sun Life Corporate Bond Fund - Direct Plan - GROWTHAditya Birla Sun Life · Debt₹121.33#11941Y+3.65%3Y+6.94%5Y+6.26%10Y+7.18%
- Invesco India Liquid Fund - Direct Plan - GrowthInvesco · Debt₹3,919.60#11951Y+6.52%3Y+6.94%5Y+6.39%10Y+6.09%
- Motilal Oswal Nifty 5 year benchmark G-Sec ETFMotilal Oswal · Debt₹64.48#11961Y+3.16%3Y+6.94%5Y+5.65%10Y—
- Invesco India Liquid Fund - Direct Plan - GrowthInvesco · Debt₹1,857.39#11971Y+6.52%3Y+6.94%5Y+6.39%10Y+6.09%
- Aditya Birla Sun Life Banking & PSU Debt Fund - Direct Plan - GROWTHAditya Birla Sun Life · Debt₹403.93#11981Y+4.05%3Y+6.93%5Y+6.19%10Y+7.00%
- HDFC Conservative Hybrid Fund - Direct Plan - Growth OptionHDFC · Hybrid₹88.25#11991Y-0.03%3Y+6.93%5Y+7.21%10Y+8.04%
- ICICI Prudential Liquid Fund - - Direct Plan - GrowthICICI Prudential · Debt₹422.53#12001Y+6.49%3Y+6.93%5Y+6.38%10Y+6.11%
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.