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 36 of 48
- Union Multi Asset Allocation Fund - Direct Plan - Growth OptionUnion · Hybrid₹12.10#17511Y+3.77%3Y—5Y—10Y—
- BANDHAN NIFTY BANK INDEX FUND - Direct Plan - GrowthBandhan · Equity₹10.80#17521Y-2.76%3Y—5Y—10Y—
- Motilal Oswal Business Cycle FundMotilal Oswal · Equity₹12.29#17531Y-4.52%3Y—5Y—10Y—
- Motilal Oswal Business Cycle FundMotilal Oswal · Equity₹12.29#17541Y-4.52%3Y—5Y—10Y—
- Motilal Oswal Business Cycle FundMotilal Oswal · Equity₹12.64#17551Y-3.46%3Y—5Y—10Y—
- Aditya Birla Sun Life Nifty India Defence Index Fund - Direct Plan - GROWTHAditya Birla Sun Life · Equity₹13.06#17561Y+13.96%3Y—5Y—10Y—
- Motilal Oswal Business Cycle FundMotilal Oswal · Equity₹12.64#17571Y-3.46%3Y—5Y—10Y—
- Aditya Birla Sun Life Crisil 10 year Gilt ETFAditya Birla Sun Life · Debt₹109.87#17581Y+0.05%3Y—5Y—10Y—
- Axis Consumption Fund - Direct Plan - Growth OptionAxis · Equity₹8.87#17591Y-10.40%3Y—5Y—10Y—
- Mirae Asset Nifty500 Multicap 50:25:25 ETFMirae Asset · Equity₹15.78#17601Y-3.22%3Y—5Y—10Y—
- DSP Nifty Top 10 Equal Weight ETFDSP · Equity₹82.86#17611Y-14.08%3Y—5Y—10Y—
- PGIM India Multi Cap Fund - Direct Plan - Direct GrowthPGIM India · Equity₹10.60#17621Y+3.92%3Y—5Y—10Y—
- ITI Large & Mid Cap Fund - Direct Plan - Growth OptionITI · Equity₹9.94#17631Y+0.47%3Y—5Y—10Y—
- Franklin India Ultra Short Term Fund - Direct Plan - GrowthFranklin Templeton · Debt₹11.58#17641Y+6.48%3Y—5Y—10Y—
- DSP Nifty Top 10 Equal Weight Index Fund - Direct Plan - GrowthDSP · Equity₹8.50#17651Y-14.22%3Y—5Y—10Y—
- HSBC India Export Opportunities Fund - Direct Plan - GrowthHSBC · Equity₹11.76#17661Y+18.11%3Y—5Y—10Y—
- Tata Nifty200 Alpha 30 Index Fund - Direct Plan - Growth OptionTata · Equity₹8.59#17671Y-1.01%3Y—5Y—10Y—
- Nippon India Nifty 500 Equal Weight Index Fund - Direct Plan - Growth OptionNippon India · Equity₹9.35#17681Y-1.63%3Y—5Y—10Y—
- Bandhan BSE Healthcare Index Fund - Direct Plan - GrowthBandhan · Equity₹11.28#17691Y+9.53%3Y—5Y—10Y—
- Groww Nifty India Defence ETFGroww · Equity₹91.12#17701Y+13.92%3Y—5Y—10Y—
- Motilal Oswal Nifty India Defence ETFMotilal Oswal · Equity₹100.14#17711Y+13.96%3Y—5Y—10Y—
- Samco Multi Cap Fund - Direct Plan - GrowthSamco · Equity₹9.17#17721Y-1.71%3Y—5Y—10Y—
- WhiteOak Capital Arbitrage Fund - Direct Plan - Growth OptionWhiteOak Capital · Hybrid₹11.59#17731Y+7.21%3Y—5Y—10Y—
- Franklin India Medium to Long Term Fund - Direct Plan - GrowthFranklin Templeton · Debt₹11.23#17741Y+3.49%3Y—5Y—10Y—
- Bandhan Nifty Midcap 150 Index Fund - Direct Plan - GrowthBandhan · Equity₹9.85#17751Y-0.43%3Y—5Y—10Y—
- Edelweiss Nifty Bank ETFEdelweiss · Equity₹55.45#17761Y-2.67%3Y—5Y—10Y—
- UTI Nifty 200 Quality 30 Index Fund - Direct Plan - GrowthUTI · Equity₹8.30#17771Y-8.29%3Y—5Y—10Y—
- Invesco India Technology Fund - Direct Plan - GrowthInvesco · Equity₹9.84#17781Y-1.01%3Y—5Y—10Y—
- UTI Nifty Private Bank Index Fund - Direct Plan - GrowthUTI · Equity₹10.07#17791Y-2.41%3Y—5Y—10Y—
- Kotak CRISIL-IBX AAA Financial Services Index-Sep 2027 Fund - Direct Plan - GROWTH OptionKotak Mahindra · Debt₹11.64#17801Y+5.88%3Y—5Y—10Y—
- Kotak Nifty India Tourism Index Fund - Direct Plan - GrowthKotak Mahindra · Equity₹7.98#17811Y-16.48%3Y—5Y—10Y—
- Motilal Oswal Nifty 500 Momentum 50 ETFMotilal Oswal · Equity₹52.52#17821Y-0.51%3Y—5Y—10Y—
- Motilal Oswal Nifty 500 Momentum 50 Index Fund - Direct Plan - GrowthMotilal Oswal · Equity₹8.22#17831Y-0.57%3Y—5Y—10Y—
- Bandhan Business Cycle Fund - Direct Plan - GrowthBandhan · Equity₹9.61#17841Y-6.17%3Y—5Y—10Y—
- Nippon India Nifty 500 Momentum 50 Index Fund - Direct Plan - Growth OptionNippon India · Equity₹8.31#17851Y+0.35%3Y—5Y—10Y—
- Axis CRISIL-IBX AAA Bond NBFC - Jun 2027 Index Fund - Direct Plan - Growth OptionAxis · Debt₹11.62#17861Y+6.18%3Y—5Y—10Y—
- HDFC NIFTY LargeMidcap 250 Index Fund - Direct Plan - Growth OptionHDFC · Equity₹9.53#17871Y-4.53%3Y—5Y—10Y—
- Groww Nifty 1D Rate Liquid ETFGroww · Debt₹111.13#17881Y+4.71%3Y—5Y—10Y—
- SBI Nifty 500 Index Fund - Direct Plan - GrowthSBI · Equity₹9.10#17891Y-5.83%3Y—5Y—10Y—
- Kotak MNC Fund - Direct Plan - GrowthKotak Mahindra · Equity₹12.39#17901Y+16.18%3Y—5Y—10Y—
- Kotak Nifty Midcap 150 Momentum 50 Index Fund - Direct Plan - GrowthKotak Mahindra · Equity₹9.19#17911Y-1.17%3Y—5Y—10Y—
- WhiteOak Capital Digital Bharat Fund - Direct Plan - Growth OptionWhiteOak Capital · Equity₹10.02#17921Y-5.38%3Y—5Y—10Y—
- LIC MF Manufacturing Fund - Direct Plan - GrowthLIC · Equity₹11.44#17931Y+11.71%3Y—5Y—10Y—
- Mirae Asset Nifty Metal ETFMirae Asset · Equity₹12.08#17941Y+17.67%3Y—5Y—10Y—
- Groww Nifty India Defence ETF FOF - Direct Plan - Income Distribution cum capital withdrawalGroww · Other₹13.44#17951Y+13.82%3Y—5Y—10Y—
- Groww Nifty India Defence ETF FOF - Direct Plan - GrowthGroww · Other₹13.44#17961Y+13.82%3Y—5Y—10Y—
- Mirae Asset Nifty PSU Bank ETFMirae Asset · Equity₹81.00#17971Y+4.63%3Y—5Y—10Y—
- Baroda BNP Paribas Nifty200 Momentum 30 Index Fund - Direct Plan - Growth OptionBaroda BNP Paribas · Equity₹7.75#17981Y-6.53%3Y—5Y—10Y—
- ICICI Prudential Nifty200 Value 30 ETFICICI Prudential · Equity₹14.09#17991Y+2.78%3Y—5Y—10Y—
- ICICI Prudential Nifty200 Value 30 Index Fund - Direct Plan - GrowthICICI Prudential · Equity₹10.21#18001Y+2.80%3Y—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?
1,593 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.