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 28 of 48
- BANDHAN Overnight Fund - Direct Plan - GrowthBandhan · Debt₹1,476.07#13511Y+5.25%3Y+6.04%5Y+5.75%10Y—
- UTI - Overnight Fund - Direct Plan - GrowthUTI · Debt₹3,788.40#13521Y+5.25%3Y+6.04%5Y+5.74%10Y+5.33%
- Invesco India Overnight Fund - Direct Plan - GrowthInvesco · Debt₹1,398.46#13531Y+5.26%3Y+6.04%5Y+5.74%10Y—
- DSP Overnight Fund - Direct Plan - GrowthDSP · Debt₹1,482.49#13541Y+5.26%3Y+6.04%5Y+5.75%10Y—
- DSP Overnight FundDSP · Debt₹13.21#13551Y+5.26%3Y+6.04%5Y+5.72%10Y—
- DSP Overnight FundDSP · Debt₹13.21#13561Y+5.26%3Y+6.04%5Y+5.72%10Y—
- Mahindra Manulife Overnight Fund - Direct Plan - GrowthMahindra Manulife · Debt₹1,432.33#13571Y+5.23%3Y+6.04%5Y+5.75%10Y—
- ADITYA BIRLA SUN LIFE OVERNIGHT FUND - Direct Plan - GROWTHAditya Birla Sun Life · Debt₹1,496.81#13581Y+5.24%3Y+6.03%5Y+5.75%10Y—
- Franklin India Overnight Fund - Direct Plan - GrowthFranklin Templeton · Debt₹1,444.00#13591Y+5.31%3Y+6.03%5Y+5.72%10Y—
- ICICI Prudential Overnight Fund - Direct Plan - Unclaimed Redemption Transitory SchemeICICI Prudential · Debt₹1,315.87#13601Y+5.25%3Y+6.02%5Y—10Y—
- Shriram ELSS Tax Saver Fund - Direct Plan - GrowthShriram · Equity₹22.54#13611Y-5.04%3Y+6.02%5Y+5.53%10Y—
- Sundaram Overnight Fund - Direct Plan - GROWTHSundaram · Debt₹1,469.85#13621Y+5.22%3Y+6.02%5Y+5.73%10Y—
- ICICI Prudential Nifty 10 yr Benchmark G-sec ETFICICI Prudential · Debt₹258.28#13631Y+0.09%3Y+6.02%5Y—10Y—
- Union Overnight Fund - Unclaimed Amounts Plan - Redemption Upto 3 yearsUnion · Debt₹1,312.24#13641Y+5.22%3Y+6.01%5Y—10Y—
- TATA HOUSING OPPORTUNITIES FUND - Direct Plan - Growth OptionTata · Equity₹15.11#13651Y-5.10%3Y+6.01%5Y—10Y—
- SBI OVERNIGHT FUND - Direct Plan - GrowthSBI · Debt₹4,499.65#13661Y+5.21%3Y+6.00%5Y+5.71%10Y+5.35%
- SBI MNC FUND - Direct Plan - GrowthSBI · Equity₹435.87#13671Y+12.39%3Y+6.00%5Y+7.08%10Y+11.01%
- Nippon India Nivesh Lakshya Long Term Fund - Direct Plan - Growth OptionNippon India · Debt₹18.30#13681Y-0.73%3Y+6.00%5Y+5.48%10Y—
- Edelweiss Overnight Fund - Direct Plan - GrowthEdelweiss · Debt₹1,431.68#13691Y+5.23%3Y+5.99%5Y+5.69%10Y—
- Edelweiss Overnight FundEdelweiss · Debt₹1,309.91#13701Y+5.23%3Y+5.99%5Y—10Y—
- Edelweiss Overnight FundEdelweiss · Debt₹1,309.91#13711Y+5.23%3Y+5.99%5Y—10Y—
- Groww Overnight FundGroww · Debt₹1,308.01#13721Y+5.28%3Y+5.99%5Y—10Y—
- HDFC Overnight Fund - Direct Plan - Growth OptionHDFC · Debt₹4,102.19#13731Y+5.22%3Y+5.99%5Y+5.70%10Y+5.34%
- Kotak Nifty 50 ETFKotak Mahindra · Equity₹252.48#13741Y-8.93%3Y+5.98%5Y+5.74%10Y+11.30%
- Canara Robeco Gilt Fund - Direct Plan - GROWTH OPTIONCanara Robeco · Debt₹82.92#13751Y+1.24%3Y+5.98%5Y+5.26%10Y+6.21%
- ICICI Prudential Nifty 50 ETFICICI Prudential · Equity₹257.84#13761Y-8.97%3Y+5.98%5Y+5.79%10Y—
- PGIM India Overnight Fund - Direct Plan - Direct GrowthPGIM India · Debt₹1,426.00#13771Y+5.12%3Y+5.98%5Y+5.71%10Y—
- NJ Overnight Fund - Direct Plan - Growth OptionNJ · Debt₹1,280.65#13781Y+5.19%3Y+5.97%5Y—10Y—
- ICICI Prudential Technology Fund - Direct Plan - GrowthICICI Prudential · Equity₹199.48#13791Y-9.26%3Y+5.97%5Y+2.94%10Y+17.35%
- Aditya Birla Sun Life Nifty 50 ETFAditya Birla Sun Life · Equity₹26.67#13801Y-8.94%3Y+5.97%5Y+5.76%10Y+11.41%
- DSP Nifty 50 ETFDSP · Equity₹239.72#13811Y-8.94%3Y+5.97%5Y—10Y—
- PGIM India Gilt Fund - Direct Plan - Direct GrowthPGIM India · Debt₹33.17#13821Y-0.03%3Y+5.97%5Y+5.28%10Y+6.32%
- TRUSTMF Overnight Fund - Direct Plan - GrowthTrust · Debt₹1,308.06#13831Y+5.11%3Y+5.97%5Y—10Y—
- Nippon India ETF Nifty 50 BeES - Direct PlanNippon India · Equity₹259.16#13841Y-8.97%3Y+5.97%5Y+5.78%10Y+11.57%
- Canara Robeco Overnight Fund - Direct Plan - GROWTH OPTIONCanara Robeco · Debt₹1,428.56#13851Y+5.20%3Y+5.96%5Y+5.68%10Y—
- UTI Nifty 50 ETF - Direct PlanUTI · Equity₹252.20#13861Y-8.96%3Y+5.96%5Y+5.78%10Y+11.21%
- UTI Children's Hybrid Fund - Direct Plan - GrowthUTI · Solution Oriented₹40.51#13871Y-2.52%3Y+5.96%5Y+5.64%10Y+7.13%
- Groww Overnight Fund - Direct Plan - GrowthGroww · Debt₹1,425.20#13881Y+5.15%3Y+5.96%5Y+5.61%10Y—
- HDFC MNC Fund - Direct Plan - Growth OptionHDFC · Equity₹13.93#13891Y-1.16%3Y+5.96%5Y—10Y—
- Mirae Asset Nifty 50 ETFMirae Asset · Equity₹247.44#13901Y-8.99%3Y+5.95%5Y+5.77%10Y—
- Taurus Flexi Cap Fund - Direct Plan - Income Distribution cum Capital WithdrawalTaurus · Equity₹109.25#13911Y-7.74%3Y+5.95%5Y+6.15%10Y+4.97%
- HDFC NIFTY 50 ETF - Growth OptionHDFC · Equity₹256.34#13921Y-9.00%3Y+5.95%5Y+5.76%10Y+11.69%
- Motilal Oswal Nifty 50 ETFMotilal Oswal · Equity₹238.15#13931Y-8.98%3Y+5.95%5Y+5.79%10Y+11.16%
- Axis Nifty 50 ETFAxis · Equity₹251.78#13941Y-8.99%3Y+5.95%5Y+5.77%10Y—
- Mirae Asset Nifty 100 ESG Sector Leaders Fund of Fund - Direct Plan - GrowthMirae Asset · Other₹17.13#13951Y-9.85%3Y+5.93%5Y+4.54%10Y—
- JM Overnight Fund - Direct Plan - Unclaimed Redemption - Growth PlanJM Financial · Debt₹1,401.64#13961Y+5.08%3Y+5.92%5Y—10Y—
- JM Overnight Fund - Direct Plan - Growth OptionJM Financial · Debt₹1,401.62#13971Y+5.08%3Y+5.92%5Y+5.67%10Y—
- Tata Nifty 50 Exchange Traded FundTata · Equity₹247.70#13981Y-8.99%3Y+5.92%5Y+5.75%10Y—
- LIC MF Nifty 50 ETFLIC · Equity₹255.22#13991Y-9.01%3Y+5.92%5Y+5.72%10Y+11.44%
- DSP 10 year Constant Maturity Gilt Fund - Direct Plan - GrowthDSP · Debt₹22.60#14001Y+0.22%3Y+5.90%5Y+4.71%10Y+5.87%
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.