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 27 of 48
- Motilal Oswal Liquid FundMotilal Oswal · Debt₹14.84#13011Y+5.92%3Y+6.37%5Y+5.84%10Y—
- Axis Liquid Fund - Growth OptionAxis · Debt₹2,863.70#13021Y+5.97%3Y+6.37%5Y+5.83%10Y+5.55%
- Tata Nifty Private Bank Exchange Traded FundTata · Equity₹283.67#13031Y-1.05%3Y+6.37%5Y+6.84%10Y—
- ICICI Prudential Nifty 200 Quality 30 ETFICICI Prudential · Equity₹20.03#13041Y-6.04%3Y+6.37%5Y—10Y—
- SBI Retirement Benefit Fund - Conservative Plan - Direct Plan - GrowthSBI · Solution Oriented₹14.90#13051Y+0.92%3Y+6.36%5Y+6.62%10Y—
- HDFC NIFTY Private Bank ETF - Growth OptionHDFC · Equity₹27.88#13061Y-1.25%3Y+6.34%5Y—10Y—
- Mahindra Manulife Arbitrage Fund - Direct Plan - GrowthMahindra Manulife · Hybrid₹13.83#13071Y+6.08%3Y+6.34%5Y+5.85%10Y—
- UTI - Large Cap Fund - Direct Plan - GrowthUTI · Equity₹280.17#13081Y-7.72%3Y+6.33%5Y+5.42%10Y+11.09%
- BANK OF INDIA CONSERVATIVE HYBRID FUND - Direct Plan - GrowthBank of India · Hybrid₹37.76#13091Y+2.42%3Y+6.32%5Y+9.37%10Y+7.21%
- UTI Medium to Long Term Fund - Direct Plan - GrowthUTI · Debt₹82.86#13101Y+2.50%3Y+6.32%5Y+6.88%10Y+5.23%
- DSP Nifty Private Bank ETFDSP · Equity₹27.79#13111Y-1.22%3Y+6.31%5Y—10Y—
- LIC MF Conservative Hybrid Fund - Direct Plan - GrowthLIC · Hybrid₹93.27#13121Y+2.19%3Y+6.31%5Y+5.30%10Y+6.47%
- Nippon India Gilt Fund - Direct Plan - Defined Maturity Date OptionNippon India · Debt₹44.14#13131Y+1.74%3Y+6.29%5Y+5.47%10Y+7.16%
- Nippon India Gilt Fund - Direct Plan - Growth OptionNippon India · Debt₹44.02#13141Y+1.74%3Y+6.29%5Y+5.47%10Y+7.16%
- Franklin India Gilt Fund - Direct Plan - GrowthFranklin Templeton · Debt₹67.31#13151Y+3.67%3Y+6.24%5Y+5.24%10Y+5.40%
- Tata Gilt Fund - Direct Plan - Growth OptionTata · Debt₹89.12#13161Y+0.24%3Y+6.24%5Y+5.62%10Y+6.24%
- Nippon India Retirement Fund- Income Generation Scheme - Direct Plan - Growth OptionNippon India · Solution Oriented₹22.79#13171Y-1.79%3Y+6.23%5Y+5.80%10Y+6.85%
- PGIM India Arbitrage FundPGIM India · Hybrid₹19.66#13181Y+5.62%3Y+6.23%5Y+5.73%10Y+5.40%
- Nippon India Equity Savings Fund (Existing number of Segregated Portfolios - 2) - Direct Plan - Growth OptionNippon India · Hybrid₹17.97#13191Y+0.93%3Y+6.23%5Y+6.20%10Y+4.96%
- Invesco India Gilt Fund - Direct Plan - GrowthInvesco · Debt₹3,179.44#13201Y+0.74%3Y+6.22%5Y+5.51%10Y+5.95%
- ICICI Prudential Long Term Fund - Direct Plan - GrowthICICI Prudential · Debt₹99.27#13211Y-0.51%3Y+6.21%5Y+5.20%10Y+6.47%
- BANK OF INDIA OVERNIGHT FUNDBank of India · Debt₹1,324.16#13221Y+5.47%3Y+6.18%5Y—10Y—
- BANK OF INDIA OVERNIGHT FUND - Direct Plan - GrowthBank of India · Debt₹1,408.17#13231Y+5.48%3Y+6.18%5Y+5.87%10Y—
- Groww Overnight FundGroww · Debt₹1,322.29#13241Y+5.80%3Y+6.18%5Y—10Y—
- HDFC Gilt Fund - Direct Plan - Growth OptionHDFC · Debt₹59.81#13251Y+1.29%3Y+6.18%5Y+5.27%10Y+5.77%
- BANK OF INDIA OVERNIGHT FUNDBank of India · Debt₹1,323.93#13261Y+5.47%3Y+6.18%5Y—10Y—
- Canara Robeco Medium To Long Term Fund - Direct Plan - GROWTH OPTIONCanara Robeco · Debt₹64.13#13271Y+2.06%3Y+6.17%5Y+5.26%10Y+6.37%
- ICICI Prudential Nifty Private Bank ETFICICI Prudential · Equity₹27.64#13281Y-1.24%3Y+6.16%5Y+6.76%10Y—
- SBI Long Term Fund - Direct Plan - GrowthSBI · Debt₹12.59#13291Y-0.21%3Y+6.15%5Y—10Y—
- Axis Conservative Hybrid Fund - Direct Plan - Growth OptionAxis · Hybrid₹35.48#13301Y+0.10%3Y+6.14%5Y+5.44%10Y+7.14%
- UTI Annual Interval Fund - I - Direct Plan - GrowthUTI · Debt₹37.13#13311Y+5.16%3Y+6.13%5Y+5.74%10Y+5.54%
- Baroda BNP Paribas Dynamic Term Fund - Direct Plan - Growth OptionBaroda BNP Paribas · Debt₹52.22#13321Y+1.28%3Y+6.13%5Y—10Y—
- UTI Children's Equity Fund - Direct Plan - GrowthUTI · Solution Oriented₹86.26#13331Y-8.76%3Y+6.11%5Y+5.23%10Y+11.25%
- Mirae Asset Nifty 100 ESG Sector Leaders ETFMirae Asset · Equity₹38.84#13341Y-9.53%3Y+6.09%5Y+4.75%10Y—
- PGIM India Equity Savings Fund - Direct Plan - Direct GrowthPGIM India · Hybrid₹57.51#13351Y+1.90%3Y+6.09%5Y+5.66%10Y+7.39%
- quant Overnight Fund - Direct Plan - Growth OptionQuant · Debt₹12.64#13361Y+5.03%3Y+6.08%5Y—10Y—
- Aditya Birla Sun Life Medium to Long Term Fund - Direct Plan - GROWTHAditya Birla Sun Life · Debt₹139.13#13371Y+1.56%3Y+6.08%5Y+5.28%10Y+6.43%
- DSP Dynamic Term Fund - Direct Plan - GrowthDSP · Debt₹3,646.31#13381Y+0.61%3Y+6.07%5Y+5.48%10Y+6.41%
- Axis Overnight Fund - Direct Plan - Growth OptionAxis · Debt₹1,465.20#13391Y+5.28%3Y+6.07%5Y+5.78%10Y—
- Tata Overnight Fund - Direct Plan - Growth OptionTata · Debt₹1,461.27#13401Y+5.29%3Y+6.07%5Y+5.76%10Y—
- Bajaj Finserv Overnight Fund - Direct Plan - GrowthBajaj Finserv · Debt₹1,214.78#13411Y+5.33%3Y+6.06%5Y—10Y—
- Nippon India Overnight Fund - Direct Plan - Growth OptionNippon India · Debt₹148.69#13421Y+5.26%3Y+6.06%5Y+5.77%10Y—
- Baroda BNP Paribas Overnight Fund - Redemption Up to 3 YrsBaroda BNP Paribas · Debt₹1,304.45#13431Y+5.27%3Y+6.05%5Y—10Y—
- Baroda BNP Paribas Overnight Fund - Direct Plan - Growth OptionBaroda BNP Paribas · Debt₹1,453.90#13441Y+5.27%3Y+6.05%5Y+5.75%10Y—
- Mirae Asset Overnight Fund - Direct Plan - GrowthMirae Asset · Debt₹1,419.38#13451Y+5.25%3Y+6.05%5Y+5.77%10Y—
- Kotak Overnight Fund - Direct Plan - GrowthKotak Mahindra · Debt₹1,476.70#13461Y+5.26%3Y+6.04%5Y+5.75%10Y—
- Union Overnight Fund - Direct Plan - Growth OptionUnion · Debt₹1,456.92#13471Y+5.25%3Y+6.04%5Y+5.74%10Y—
- HSBC Overnight Fund - Direct Plan - GrowthHSBC · Debt₹1,448.31#13481Y+5.25%3Y+6.04%5Y+5.76%10Y—
- HSBC Overnight FundHSBC · Debt₹1,285.38#13491Y+5.25%3Y+6.04%5Y—10Y—
- LIC MF Overnight Fund - Direct Plan - GrowthLIC · Debt₹1,434.69#13501Y+5.25%3Y+6.04%5Y+5.75%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.