Top Indian Mutual Funds by 3Y CAGR
This page ranks 1,597 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 2,386 funds · page 3 of 48
- Franklin Asian Equity Fund - Direct Plan - GrowthFranklin Templeton · Equity₹48.16#1011Y+29.68%3Y+22.07%5Y+8.41%10Y+10.36%
- UTI - Healthcare Fund - Direct Plan - GrowthUTI · Equity₹370.68#1021Y+12.11%3Y+22.02%5Y+14.90%10Y+14.47%
- Mirae Asset Healthcare Fund - Direct Plan - GrowthMirae Asset · Equity₹50.41#1031Y+15.48%3Y+21.76%5Y+14.97%10Y—
- IL&FS Infrastructure Debt Fund Series 2BIL&FS Mutual Fund (IDF) · Debt₹25,40,201.95#1041Y+6.97%3Y+21.69%5Y+20.67%10Y—
- IL&FS Infrastructure Debt Fund Series 2AIL&FS Mutual Fund (IDF) · Debt₹20,04,851.53#1051Y+9.15%3Y+21.57%5Y+30.93%10Y—
- Aditya Birla Sun Life Global Emerging Opportunities Fund - Direct Plan - GROWTHAditya Birla Sun Life · Other₹35.93#1061Y+19.20%3Y+21.57%5Y+11.00%10Y+11.84%
- Quant Multi Asset Allocation Fund - Direct Plan - Growth OptionQuant · Hybrid₹177.29#1071Y+9.86%3Y+21.53%5Y+18.13%10Y+18.25%
- Edelweiss US Value Equity Offshore Fund - Direct Plan - GrowthEdelweiss · Other₹48.91#1081Y+29.93%3Y+21.49%5Y+14.66%10Y—
- LIC MF Infrastructure Fund - Direct Plan - GrowthLIC · Equity₹60.81#1091Y+6.34%3Y+21.38%5Y+20.45%10Y+17.38%
- Invesco India Mid Cap Fund - Direct Plan - GrowthInvesco · Equity₹227.58#1101Y+2.80%3Y+21.31%5Y+17.43%10Y+18.69%
- Invesco India - Invesco Pan European Equity Fund of Fund - Direct Plan - GrowthInvesco · Other₹28.19#1111Y+24.89%3Y+21.29%5Y+14.82%10Y+12.10%
- Motilal Oswal Large and Midcap Fund - Direct Plan - GrowthMotilal Oswal · Equity₹40.19#1121Y+5.69%3Y+20.82%5Y+18.23%10Y—
- Nippon India US Equity Opportunities Fund - Direct Plan - Growth OptionNippon India · Equity₹48.73#1131Y+18.12%3Y+20.82%5Y+12.57%10Y+16.78%
- ICICI Prudential Global Advantage Fund (FOF) - Direct Plan - GrowthICICI Prudential · Other₹23.11#1141Y+12.19%3Y+20.77%5Y+10.54%10Y—
- Invesco India Small Cap Fund - Direct Plan - GrowthInvesco · Equity₹52.22#1151Y+11.20%3Y+20.71%5Y+18.13%10Y—
- LIC MF Healthcare Fund - Direct Plan - GrowthLIC · Equity₹35.81#1161Y+9.46%3Y+20.69%5Y—10Y—
- ICICI Prudential Healthcare Fund - Direct Plan - CumulativeICICI Prudential · Equity₹45.01#1171Y+3.16%3Y+20.68%5Y+15.18%10Y—
- BANK OF INDIA SMALL CAP FUND - Direct Plan - GrowthBank of India · Equity₹66.66#1181Y+28.76%3Y+20.62%5Y+18.77%10Y—
- DSP Global Clean Energy Overseas Equity Omni FoF - Direct Plan - GrowthDSP · Other₹29.23#1191Y+23.67%3Y+20.56%5Y+10.01%10Y+8.86%
- Motilal Oswal ELSS Tax Saver Fund - Direct Plan - GrowthMotilal Oswal · Equity₹65.15#1201Y+8.06%3Y+20.56%5Y+16.82%10Y+16.84%
- BANK OF INDIA MANUFACTURING & INFRASTRUCTURE FUND - Direct Plan - GrowthBank of India · Equity₹77.47#1211Y+14.69%3Y+20.55%5Y+19.56%10Y+19.12%
- Invesco India Large & Mid Cap Fund - Direct Plan - GrowthInvesco · Equity₹125.00#1221Y+2.31%3Y+20.50%5Y+15.48%10Y+16.85%
- Motilal Oswal BSE Healthcare ETFMotilal Oswal · Equity₹49.59#1231Y+9.72%3Y+20.42%5Y—10Y—
- Kotak Pioneer Fund - Direct Plan - GrowthKotak Mahindra · Equity₹38.74#1241Y+8.55%3Y+20.34%5Y+14.45%10Y—
- DSP Healthcare Fund - Direct Plan - GrowthDSP · Equity₹49.32#1251Y+13.86%3Y+20.31%5Y+15.19%10Y—
- Nippon India Nifty Pharma ETF - Direct PlanNippon India · Equity₹26.81#1261Y+17.87%3Y+20.24%5Y+12.82%10Y—
- SBI Children's Fund - Investment Plan - Direct Plan - GrowthSBI · Solution Oriented₹52.91#1271Y+13.23%3Y+20.22%5Y+18.45%10Y—
- WhiteOak Capital Mid Cap Fund - Direct Plan - Growth OptionWhiteOak Capital · Equity₹22.43#1281Y+8.68%3Y+20.03%5Y—10Y—
- ICICI Prudential Nifty Pharma Index Fund - Direct Plan - GrowthICICI Prudential · Equity₹20.19#1291Y+17.58%3Y+19.82%5Y—10Y—
- Sundaram Global Brand Theme-Equity Active FOF - Direct Plan - GROWTHSundaram · Other₹48.48#1301Y+15.61%3Y+19.78%5Y+12.89%10Y+12.84%
- quant Healthcare Fund - Direct Plan - Growth OptionQuant · Equity₹18.45#1311Y+13.49%3Y+19.77%5Y—10Y—
- Aditya Birla Sun Life Manufacturing Equity Fund - Direct Plan - GROWTHAditya Birla Sun Life · Equity₹42.58#1321Y+18.24%3Y+19.70%5Y+13.77%10Y+13.41%
- quant BFSI Fund - Direct Plan - Growth OptionQuant · Equity₹20.75#1331Y+10.52%3Y+19.65%5Y—10Y—
- Invesco India Focused Fund - Direct Plan - GrowthInvesco · Equity₹31.21#1341Y+2.80%3Y+19.63%5Y+13.78%10Y—
- Aditya Birla Sun Life Pharma and Healthcare Fund - Direct Plan - GROWTHAditya Birla Sun Life · Equity₹38.66#1351Y+12.48%3Y+19.56%5Y+13.38%10Y—
- ICICI PRUDENTIAL TRANSPORTATION AND LOGISTICS FUND - Direct Plan - GrowthICICI Prudential · Equity₹21.75#1361Y+1.97%3Y+19.36%5Y—10Y—
- SBI Long Term Advantage Fund - Series V - Direct Plan - GrowthSBI · Equity₹32.80#1371Y-0.41%3Y+19.33%5Y+13.97%10Y—
- Kotak Manufacture in India Fund - Direct Plan - GrowthKotak Mahindra · Equity₹23.07#1381Y+13.21%3Y+19.26%5Y—10Y—
- ICICI Prudential Mid Cap Fund - Direct Plan - GrowthICICI Prudential · Equity₹365.37#1391Y+7.63%3Y+19.22%5Y+15.16%10Y+16.22%
- Aditya Birla Sun Life Transportation and Logistics Fund - Direct Plan - GROWTHAditya Birla Sun Life · Equity₹16.92#1401Y+8.88%3Y+19.08%5Y—10Y—
- Edelweiss Mid Cap Fund - Direct Plan - GrowthEdelweiss · Equity₹122.17#1411Y+2.45%3Y+18.92%5Y+16.23%10Y—
- Aditya Birla Sun Life Nifty Healthcare ETFAditya Birla Sun Life · Equity₹16.31#1421Y+7.78%3Y+18.87%5Y+13.47%10Y—
- PGIM India Global Equity Opportunities Fund of Fund - Direct Plan - Direct GrowthPGIM India · Other₹58.27#1431Y+6.24%3Y+18.86%5Y+7.53%10Y+15.53%
- Edelweiss MSCI India Domestic & World Healthcare 45 Index Fund - Direct Plan - GrowthEdelweiss · Equity₹24.08#1441Y+15.65%3Y+18.78%5Y+13.52%10Y—
- Franklin India Opportunities Fund - Direct Plan - GrowthFranklin Templeton · Equity₹285.62#1451Y-0.14%3Y+18.76%5Y+16.33%10Y+16.25%
- ICICI Prudential Nifty Healthcare ETFICICI Prudential · Equity₹162.67#1461Y+7.82%3Y+18.73%5Y+12.46%10Y—
- Quant Value Fund - Direct Plan - Growth OptionQuant · Equity₹22.88#1471Y+9.53%3Y+18.68%5Y—10Y—
- UTI Nifty 500 Value 50 Index Fund - Direct Plan - GrowthUTI · Equity₹20.66#1481Y+2.33%3Y+18.51%5Y—10Y—
- Axis NIFTY Healthcare ETFAxis · Equity₹161.26#1491Y+7.60%3Y+18.47%5Y+12.23%10Y—
- Mahindra Manulife Small Cap Fund - Direct Plan - GrowthMahindra Manulife · Equity₹23.10#1501Y+13.22%3Y+18.30%5Y—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?
1,597 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.