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 25 of 48
- Bajaj Finserv Banking and PSU Debt Fund - Direct Plan - GrowthBajaj Finserv · Debt₹12.25#12011Y+4.31%3Y+6.93%5Y—10Y—
- Mirae Asset Liquid Fund - Direct Plan - GrowthMirae Asset · Debt₹3,014.59#12021Y+6.45%3Y+6.93%5Y+6.40%10Y+6.11%
- LIC MF Liquid Fund - Direct Plan - GrowthLIC · Debt₹5,183.40#12031Y+6.50%3Y+6.93%5Y+6.38%10Y+6.13%
- BANDHAN LIQUID Fund - Direct Plan - GrowthBandhan · Debt₹3,447.78#12041Y+6.50%3Y+6.92%5Y+6.39%10Y+6.05%
- DSP FMP Series - 267 - 1172 DaysDSP · Debt₹12.97#12051Y+5.23%3Y+6.92%5Y—10Y—
- DSP Medium Term Fund - Direct Plan - GrowthDSP · Debt₹91.67#12061Y+3.45%3Y+6.92%5Y+6.04%10Y+5.84%
- BANDHAN LIQUID Fund - Unclaimed Redemption Less than 3 yearsBandhan · Debt₹1.84#12071Y+6.50%3Y+6.92%5Y+6.39%10Y+6.07%
- BARODA BNP PARIBAS LIQUID FUND - Direct Plan - Growth OptionBaroda BNP Paribas · Debt₹3,290.72#12081Y+6.48%3Y+6.92%5Y+6.40%10Y+6.14%
- HDFC Liquid Fund - Direct Plan - Growth OptionHDFC · Debt₹5,607.03#12091Y+6.51%3Y+6.92%5Y+6.37%10Y+6.06%
- DSP FMP Series - 270 - 1172 DaysDSP · Debt₹12.74#12101Y+5.22%3Y+6.92%5Y—10Y—
- HDFC Technology Fund - Direct Plan - Growth OptionHDFC · Equity₹12.18#12111Y-10.41%3Y+6.91%5Y—10Y—
- BANK OF INDIA ULTRA SHORT TERM FUND - Direct Plan - GrowthBank of India · Debt₹3,545.78#12121Y+6.47%3Y+6.91%5Y+6.26%10Y+6.45%
- ICICI Prudential 10 year Constant Maturity Gilt Fund - Direct Plan - GrowthICICI Prudential · Debt₹26.11#12131Y+1.98%3Y+6.91%5Y+5.54%10Y+7.15%
- Bajaj Finserv Arbitrage Fund - Direct Plan - GrowthBajaj Finserv · Hybrid₹12.30#12141Y+6.43%3Y+6.90%5Y—10Y—
- UTI CRISIL SDL Maturity April 2033 Index Fund - Direct Plan - GrowthUTI · Debt₹12.91#12151Y+3.14%3Y+6.90%5Y—10Y—
- SBI LIQUID FUND - Direct Plan - GrowthSBI · Debt₹4,463.39#12161Y+6.49%3Y+6.89%5Y+6.36%10Y+6.07%
- PGIM India Dynamic Term Fund - Direct Plan - Direct GrowthPGIM India · Debt₹3,098.58#12171Y+1.92%3Y+6.89%5Y+5.97%10Y+7.22%
- JM Arbitrage Fund - Direct Plan - Growth OptionJM Financial · Hybrid₹37.55#12181Y+6.26%3Y+6.89%5Y+6.42%10Y+5.61%
- BANDHAN CONSERVATIVE HYBRID FUND - Direct Plan - GrowthBandhan · Hybrid₹36.87#12191Y+1.83%3Y+6.89%5Y+5.43%10Y+6.64%
- TRUSTMF Liquid Fund - Direct Plan - GrowthTrust · Debt₹1,382.03#12201Y+6.46%3Y+6.88%5Y+6.35%10Y—
- Axis Banking and PSU Debt Fund - Direct Plan - Growth OptionAxis · Debt₹2,894.76#12211Y+4.41%3Y+6.87%5Y+6.12%10Y+7.11%
- Edelweiss Liquid FundEdelweiss · Debt₹2,105.50#12221Y+6.48%3Y+6.87%5Y+6.26%10Y+5.90%
- Edelweiss Liquid FundEdelweiss · Debt₹3,286.97#12231Y+6.48%3Y+6.87%5Y+6.25%10Y+5.90%
- Bandhan Medium to Long Term Fund - Direct Plan - GrowthBandhan · Debt₹75.04#12241Y+5.26%3Y+6.86%5Y+5.27%10Y+6.50%
- JM Liquid Fund - Direct Plan - Growth OptionJM Financial · Debt₹77.89#12251Y+6.42%3Y+6.86%5Y+6.35%10Y+6.09%
- WhiteOak Capital Liquid Fund - Direct Plan - Growth OptionWhiteOak Capital · Debt₹1,528.38#12261Y+6.44%3Y+6.86%5Y+6.23%10Y—
- HSBC Banking and PSU Debt Fund - Direct Plan - GrowthHSBC · Debt₹27.20#12271Y+4.28%3Y+6.84%5Y—10Y—
- HDFC Corporate Bond Fund - Direct Plan - Growth OptionHDFC · Debt₹35.07#12281Y+3.38%3Y+6.84%5Y+6.13%10Y+7.10%
- QUANTUM ESG BEST IN CLASS STRATEGY FUND - Direct Plan - Growth OptionQuantum · Equity₹23.77#12291Y-6.16%3Y+6.84%5Y+5.68%10Y—
- Kotak Nifty SDL Jul 2033 Index Fund - Direct Plan - GrowthKotak Mahindra · Debt₹12.84#12301Y+3.08%3Y+6.84%5Y—10Y—
- Mirae Asset Banking and PSU Debt Fund - Direct Plan - GrowthMirae Asset · Debt₹14.02#12311Y+3.92%3Y+6.82%5Y+5.88%10Y—
- ICICI Prudential Medium to Long Term Fund - Direct Plan - GrowthICICI Prudential · Debt₹44.44#12321Y+2.69%3Y+6.81%5Y+6.12%10Y+6.91%
- LIC MF Money Market Fund - Direct Plan - GrowthLIC · Debt₹1,309.58#12331Y+6.64%3Y+6.80%5Y—10Y—
- Quantum Dynamic Term Fund - Direct Plan - Growth OptionQuantum · Debt₹22.57#12341Y+1.86%3Y+6.80%5Y+6.04%10Y+6.68%
- Union Corporate Bond Fund - Direct Plan - Growth OptionUnion · Debt₹16.48#12351Y+3.29%3Y+6.80%5Y+5.74%10Y—
- BARODA BNP PARIBAS LIQUID FUND - Growth OptionBaroda BNP Paribas · Debt₹4,777.87#12361Y+6.38%3Y+6.79%5Y+6.30%10Y+6.04%
- TRUSTMF CORPORATE BOND FUND - Direct Plan - GrowthTrust · Debt₹1,277.92#12371Y+3.98%3Y+6.79%5Y—10Y—
- Edelweiss CRISIL IBX 50:50 Gilt Plus SDL April 2037 Index Fund - Direct Plan - GrowthEdelweiss · Debt₹13.21#12381Y+1.67%3Y+6.79%5Y—10Y—
- DSP Banking and PSU Debt Fund - Direct Plan - GrowthDSP · Debt₹26.23#12391Y+3.28%3Y+6.79%5Y+5.91%10Y+6.75%
- HSBC Short Term FundHSBC · Debt₹28.15#12401Y+4.28%3Y+6.77%5Y—10Y—
- HSBC Short Term FundHSBC · Debt₹28.15#12411Y+4.28%3Y+6.77%5Y—10Y—
- ICICI Prudential Fixed Maturity Plan - Series 85 - 10 Years Plan IICICI Prudential · Debt₹17.46#12421Y+3.54%3Y+6.77%5Y+5.95%10Y—
- Edelweiss Arbitrage FundEdelweiss · Hybrid₹20.92#12431Y+6.00%3Y+6.76%5Y+6.27%10Y+5.83%
- Parag Parikh Arbitrage Fund - Direct Plan - GrowthPPFAS · Hybrid₹12.19#12441Y+6.31%3Y+6.76%5Y—10Y—
- BANK OF INDIA ARBITRAGE FUND - Direct Plan - GrowthBank of India · Hybrid₹15.52#12451Y+6.22%3Y+6.76%5Y+5.94%10Y—
- 360 ONE Liquid Fund - Direct Plan - GROWTH Option360 ONE · Debt₹2,185.07#12461Y+6.30%3Y+6.75%5Y+6.22%10Y+5.74%
- Quant Liquid Fund - Direct Plan - Growth OptionQuant · Debt₹45.70#12471Y+6.08%3Y+6.75%5Y+6.31%10Y+6.33%
- BANDHAN EQUITY SAVINGS FUND - Direct Plan - GrowthBandhan · Hybrid₹36.17#12481Y+3.08%3Y+6.75%5Y+6.44%10Y+7.12%
- NJ Arbitrage Fund - Direct Plan - Growth OptionNJ · Hybrid₹13.19#12491Y+6.18%3Y+6.75%5Y—10Y—
- HDFC Retirement Fund - Hybrid-Equity Plan - Direct Plan - Growth OptionHDFC · Solution Oriented₹41.20#12501Y-6.94%3Y+6.73%5Y+8.23%10Y+12.17%
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.