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 6 of 48
- LIC MF Nifty Next 50 Index Fund - Direct Plan - GrowthLIC · Equity₹56.18#2511Y+0.57%3Y+15.27%5Y—10Y—
- UTI - Nifty Next 50 Index Fund - Direct Plan - GrowthUTI · Equity₹25.41#2521Y+0.30%3Y+15.25%5Y+9.89%10Y—
- Kotak Nifty PSU Bank ETFKotak Mahindra · Equity₹80.37#2531Y+1.26%3Y+15.23%5Y+24.68%10Y+9.48%
- Axis Nifty Next 50 Index Fund - Direct Plan - Growth OptionAxis · Equity₹16.99#2541Y+0.40%3Y+15.22%5Y—10Y—
- Motilal Oswal Nifty Next 50 Index Fund - Direct Plan - GrowthMotilal Oswal · Equity₹24.58#2551Y+0.21%3Y+15.22%5Y+9.90%10Y—
- SBI Nifty Next 50 Index Fund - Direct Plan - GrowthSBI · Equity₹18.98#2561Y+0.24%3Y+15.21%5Y+9.88%10Y—
- DSP Nifty Next 50 Index Fund - Direct Plan - GrowthDSP · Equity₹27.13#2571Y+0.31%3Y+15.20%5Y+9.93%10Y—
- Mahindra Manulife Mid Cap Fund - Direct Plan - GrowthMahindra Manulife · Equity₹38.75#2581Y+3.16%3Y+15.19%5Y+15.03%10Y—
- Axis Midcap Fund - Direct Plan - Growth OptionAxis · Equity₹137.73#2591Y+3.34%3Y+15.18%5Y+11.66%10Y+17.05%
- DSP Value Fund - Direct Plan - GrowthDSP · Equity₹23.74#2601Y+2.54%3Y+15.18%5Y+11.95%10Y—
- Navi Nifty Next 50 Index Fund - Direct Plan - GrowthNavi · Equity₹16.31#2611Y+0.28%3Y+15.17%5Y—10Y—
- Aditya Birla Sun Life Retirement Fund-The 30s Plan - Direct Plan - GROWTHAditya Birla Sun Life · Solution Oriented₹24.60#2621Y+10.51%3Y+15.16%5Y+11.38%10Y—
- Nippon India Multi - Asset Omni FoF - Direct Plan - Growth OptionNippon India · Other₹24.29#2631Y+3.71%3Y+15.15%5Y+14.25%10Y—
- PGIM India Small Cap Fund - Direct Plan - Direct GrowthPGIM India · Equity₹19.53#2641Y+10.46%3Y+15.09%5Y+11.47%10Y—
- HDFC Mid Cap Fund - Direct Plan - Growth OptionHDFC · Equity₹219.30#2651Y+1.07%3Y+15.09%5Y+16.56%10Y+16.62%
- Aditya Birla Sun Life Nifty Next 50 Index Fund - Direct Plan - GROWTHAditya Birla Sun Life · Equity₹17.03#2661Y+0.33%3Y+15.08%5Y—10Y—
- ICICI Prudential Infrastructure Fund - Direct Plan - GrowthICICI Prudential · Equity₹206.76#2671Y-3.37%3Y+15.03%5Y+18.63%10Y+17.28%
- Motilal Oswal Nifty Microcap 250 Index Fund - Direct Plan - GrowthMotilal Oswal · Equity₹18.73#2681Y+9.20%3Y+15.02%5Y—10Y—
- Bajaj Finserv Flexi Cap Fund - Direct Plan - GrowthBajaj Finserv · Equity₹15.55#2691Y+1.65%3Y+15.02%5Y—10Y—
- ICICI Prudential Nifty Next 50 Index Fund - Direct Plan - GrowthICICI Prudential · Equity₹63.59#2701Y+0.10%3Y+15.01%5Y+9.75%10Y+11.88%
- Sundaram Small Cap Fund - Direct Plan - GROWTHSundaram · Equity₹323.52#2711Y+12.33%3Y+15.01%5Y+14.83%10Y+14.82%
- Kotak Multi Cap Fund - Direct Plan - GrowthKotak Mahindra · Equity₹20.79#2721Y-0.77%3Y+15.01%5Y+15.72%10Y—
- HDFC NIFTY Next 50 index Fund - Direct Plan - Growth OptionHDFC · Equity₹16.18#2731Y+0.18%3Y+14.99%5Y+10.13%10Y—
- Kotak Infrastructure and Economic Reform Fund - Direct Plan - Growth OptionKotak Mahindra · Equity₹81.25#2741Y+4.72%3Y+14.96%5Y+17.30%10Y+15.92%
- Kotak Infrastructure and Economic Reform Fund - Direct Plan - ayout of Income Distribution cum capital withdrawal optionKotak Mahindra · Equity₹80.32#2751Y+4.72%3Y+14.96%5Y+17.30%10Y+15.80%
- Mahindra Manulife Business Cycle Fund - Direct Plan - GrowthMahindra Manulife · Equity₹15.35#2761Y+0.33%3Y+14.95%5Y—10Y—
- Kotak Business Cycle Fund - Direct Plan - GrowthKotak Mahindra · Equity₹17.83#2771Y+3.32%3Y+14.95%5Y—10Y—
- Helios Flexi Cap Fund - Direct Plan - GrowthHelios · Equity₹15.51#2781Y+0.00%3Y+14.92%5Y—10Y—
- ICICI Prudential BSE Midcap Select ETFICICI Prudential · Equity₹18.50#2791Y+3.60%3Y+14.91%5Y+11.13%10Y—
- HSBC NIFTY NEXT 50 Index Fund - Direct Plan - GrowthHSBC · Equity₹30.01#2801Y-0.05%3Y+14.90%5Y—10Y—
- JM ELSS - Tax Saver Fund - Direct Plan - Growth OptionJM Financial · Equity₹58.64#2811Y+3.21%3Y+14.86%5Y+12.44%10Y+15.58%
- Baroda BNP Paribas Mid Cap Fund - Direct Plan - Growth OptionBaroda BNP Paribas · Equity₹127.05#2821Y+4.45%3Y+14.83%5Y—10Y—
- Aditya Birla Sun Life Multi Asset Allocation Fund - Direct Plan - GROWTHAditya Birla Sun Life · Hybrid₹17.14#2831Y+5.00%3Y+14.83%5Y—10Y—
- HSBC Infrastructure Fund - Direct Plan - GrowthHSBC · Equity₹56.11#2841Y+6.97%3Y+14.78%5Y—10Y—
- Mirae Asset Nifty 200 Alpha 30 ETFMirae Asset · Equity₹25.16#2851Y-0.88%3Y+14.71%5Y—10Y—
- HSBC ELSS Tax saver Fund - Direct Plan - GrowthHSBC · Equity₹149.83#2861Y+0.62%3Y+14.68%5Y—10Y—
- HSBC Flexi Cap Fund - Direct Plan - GrowthHSBC · Equity₹255.31#2871Y+3.43%3Y+14.66%5Y+11.91%10Y+13.11%
- quant Momentum Fund - Direct Plan - Growth OptionQuant · Equity₹15.09#2881Y+5.00%3Y+14.64%5Y—10Y—
- WhiteOak Capital ELSS Tax Saver Fund - Direct Plan - Growth OptionWhiteOak Capital · Equity₹18.47#2891Y+0.12%3Y+14.60%5Y—10Y—
- SBI BANKING & FINANCIAL SERVICES FUND - Direct Plan - GrowthSBI · Equity₹47.48#2901Y-2.50%3Y+14.59%5Y+11.29%10Y+14.77%
- quant Manufacturing Fund - Direct Plan - Growth OptionQuant · Equity₹16.56#2911Y+9.23%3Y+14.59%5Y—10Y—
- ITI ELSS Tax Saver Fund - Direct Plan - Growth OptionITI · Equity₹27.61#2921Y+0.41%3Y+14.56%5Y+11.11%10Y—
- Aditya Birla Sun Life Small Cap Fund - Direct Plan - GROWTHAditya Birla Sun Life · Equity₹112.75#2931Y+16.76%3Y+14.45%5Y+12.19%10Y+13.32%
- Kotak Nifty Alpha 50 ETFKotak Mahindra · Equity₹52.75#2941Y+7.78%3Y+14.43%5Y—10Y—
- Axis Small Cap Fund - Direct Plan - Growth OptionAxis · Equity₹133.33#2951Y+8.64%3Y+14.40%5Y+14.69%10Y+19.06%
- HSBC Multi Asset Active FOF (erstwhile HSBC Managed Solutions India - Moderate Fund) - Direct Plan - GrowthHSBC · Other₹43.47#2961Y+7.06%3Y+14.38%5Y+11.06%10Y+11.84%
- Motilal Oswal Focused Fund - Direct Plan - GrowthMotilal Oswal · Equity₹63.39#2971Y+24.23%3Y+14.38%5Y+10.62%10Y+13.23%
- HSBC Consumption Fund - Direct Plan - GrowthHSBC · Equity₹15.24#2981Y-0.91%3Y+14.34%5Y—10Y—
- Edelweiss Small Cap Fund - Direct Plan - GrowthEdelweiss · Equity₹51.99#2991Y+7.02%3Y+14.29%5Y+15.29%10Y—
- BANK OF INDIA MID CAP TAX FUND SERIES 1 - Direct Plan - GrowthBank of India · Equity₹30.66#3001Y+8.03%3Y+14.29%5Y+10.42%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.