Top Indian Mutual Funds by 5Y CAGR
This page ranks 1,119 direct-plan Indian mutual funds by 5Y compound annual growth rate, calculated from official daily NAV history and refreshed every day. Five years is the horizon we default to. It usually spans both a drawdown and a recovery, which makes it a fairer test of a fund than any shorter window.
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 13 of 48
- ICICI Prudential Dynamic Term Fund - Direct Plan - GrowthICICI Prudential · Debt₹42.29#6011Y+3.79%3Y+7.34%5Y+6.86%10Y+7.75%
- Mirae Asset Nifty Financial Services ETFMirae Asset · Equity₹25.88#6021Y-6.85%3Y+8.49%5Y+6.86%10Y—
- SBI Arbitrage Fund - Direct Plan - GrowthSBI · Hybrid₹38.99#6031Y+6.68%3Y+7.31%5Y+6.85%10Y+6.25%
- Nippon India Arbitrage Fund - Direct Plan - Growth OptionNippon India · Hybrid₹31.14#6041Y+6.80%3Y+7.34%5Y+6.85%10Y+6.48%
- Mirae Asset Arbitrage Fund - Direct Plan - GrowthMirae Asset · Hybrid₹14.68#6051Y+6.85%3Y+7.41%5Y+6.83%10Y—
- Nippon India ETF Hang Seng BeES - Direct PlanNippon India · Equity₹441.62#6061Y+2.51%3Y+18.11%5Y+6.82%10Y+6.67%
- Axis Ultra Short Term Fund - Direct Plan - Growth OptionAxis · Debt₹17.01#6071Y+6.72%3Y+7.44%5Y+6.81%10Y—
- Tata Ultra Short Term Fund - Direct Plan - Growth OptionTata · Debt₹16.24#6081Y+6.98%3Y+7.51%5Y+6.81%10Y—
- Nippon India Money Market Fund - Direct Plan - Growth OptionNippon India · Debt₹4,569.47#6091Y+6.50%3Y+7.41%5Y+6.81%10Y+6.76%
- Axis Money Market Fund - Direct Plan - Growth OptionAxis · Debt₹1,570.81#6101Y+6.59%3Y+7.45%5Y+6.80%10Y—
- BANDHAN Arbitrage Fund - Direct Plan - GrowthBandhan · Hybrid₹38.05#6111Y+6.59%3Y+7.34%5Y+6.80%10Y+6.34%
- ICICI Prudential Arbitrage Fund - Direct Plan - GrowthICICI Prudential · Hybrid₹39.92#6121Y+6.72%3Y+7.34%5Y+6.80%10Y+6.34%
- Aditya Birla Sun Life Money Market Fund - Direct Plan - GROWTHAditya Birla Sun Life · Debt₹407.51#6131Y+6.54%3Y+7.41%5Y+6.80%10Y+6.84%
- SBI DYNAMIC TERM FUND - Direct Plan - GrowthSBI · Debt₹41.50#6141Y+4.90%3Y+7.48%5Y+6.80%10Y+7.43%
- Aditya Birla Sun Life Ultra Short Term Fund - Direct Plan - GROWTHAditya Birla Sun Life · Debt₹606.86#6151Y+6.56%3Y+7.48%5Y+6.80%10Y+6.95%
- Aditya Birla Sun Life Short Term Fund - Direct Plan - GROWTHAditya Birla Sun Life · Debt₹55.22#6161Y+4.97%3Y+7.54%5Y+6.80%10Y+7.38%
- ICICI Prudential Ultra Short term Fund - Direct Plan - GrowthICICI Prudential · Debt₹32.57#6171Y+6.59%3Y+7.39%5Y+6.79%10Y+7.15%
- Nippon India Medium Term Fund (Existing Number of Segregated Portfolios - 1) - Direct Plan - Growth OptionNippon India · Debt₹18.36#6181Y+5.34%3Y+8.35%5Y+6.78%10Y+3.53%
- HDFC Floating Interest Rates Fund - Direct Plan - Growth OptionHDFC · Debt₹54.90#6191Y+5.47%3Y+7.48%5Y+6.78%10Y+7.18%
- ICICI Prudential Nifty 100 Low Volatility 30 ETF FOF - Direct Plan - GrowthICICI Prudential · Other₹16.95#6201Y-9.29%3Y+7.37%5Y+6.78%10Y—
- Aditya Birla Sun Life Floating Interest Rates Fund - Direct Plan - GROWTHAditya Birla Sun Life · Debt₹386.41#6211Y+5.87%3Y+7.40%5Y+6.78%10Y+7.12%
- Tata Nifty Private Bank Exchange Traded FundTata · Equity₹281.59#6221Y-1.78%3Y+5.94%5Y+6.78%10Y—
- UTI - Money Market Fund - Direct Plan - GrowthUTI · Debt₹3,391.81#6231Y+6.50%3Y+7.38%5Y+6.77%10Y+6.73%
- Taurus Ethical Fund - Direct Plan - Income Distribution cum Capital WithdrawalTaurus · Equity₹89.16#6241Y-6.84%3Y+6.60%5Y+6.77%10Y+11.81%
- UTI - Arbitrage Fund - Direct Plan - GrowthUTI · Hybrid₹40.46#6251Y+6.69%3Y+7.35%5Y+6.77%10Y+6.33%
- BANDHAN FLOATING INTEREST RATES FUND - Direct Plan - GrowthBandhan · Debt₹14.26#6261Y+6.06%3Y+7.75%5Y+6.76%10Y—
- Aditya Birla Sun Life Ultra short to short term Fund - Direct Plan - GROWTHAditya Birla Sun Life · Debt₹786.36#6271Y+5.92%3Y+7.33%5Y+6.76%10Y+7.20%
- Groww Aggressive Hybrid Fund - Direct Plan - GrowthGroww · Hybrid₹22.32#6281Y-5.19%3Y+7.63%5Y+6.76%10Y—
- HDFC Money Market Fund - Direct Plan - Growth OptionHDFC · Debt₹6,336.04#6291Y+6.53%3Y+7.38%5Y+6.76%10Y+6.76%
- SBI FLEXICAP FUND - Direct Plan - GrowthSBI · Equity₹117.00#6301Y-5.30%3Y+7.15%5Y+6.76%10Y+11.62%
- Nippon India Ultra Short to Short Term Fund - Direct Plan - Growth OptionNippon India · Debt₹4,306.07#6311Y+6.22%3Y+7.44%5Y+6.75%10Y+6.93%
- Kotak Money Market Fund - Direct Plan - (Growth)Kotak Mahindra · Debt₹4,927.09#6321Y+6.55%3Y+7.38%5Y+6.75%10Y+6.65%
- Franklin India Corporate Bond Fund - Direct Plan - GrowthFranklin Templeton · Debt₹116.46#6331Y+5.53%3Y+7.93%5Y+6.74%10Y+7.50%
- Axis Short Term Fund - Direct Plan - Growth OptionAxis · Debt₹36.30#6341Y+5.19%3Y+7.71%5Y+6.74%10Y+7.39%
- HDFC Arbitrage Fund - Direct Plan - Growth OptionHDFC · Hybrid₹21.88#6351Y+6.70%3Y+7.31%5Y+6.74%10Y+6.14%
- HDFC Ultra Short to Short Term Fund - Direct Plan - Growth OptionHDFC · Debt₹67.76#6361Y+6.01%3Y+7.38%5Y+6.73%10Y+7.05%
- ICICI Prudential Money Market Fund - Direct Plan - GrowthICICI Prudential · Debt₹417.35#6371Y+6.50%3Y+7.37%5Y+6.73%10Y+6.70%
- Mirae Asset Ultra Short-Term Fund - Direct Plan - GrowthMirae Asset · Debt₹1,437.76#6381Y+6.65%3Y+7.42%5Y+6.73%10Y—
- Bandhan Money Market Fund - Direct Plan - GrowthBandhan · Debt₹47.48#6391Y+6.62%3Y+7.41%5Y+6.72%10Y+6.48%
- Kotak Ultra Short to Short Term Fund - Direct Plan - Growth OptionKotak Mahindra · Debt₹3,949.04#6401Y+6.09%3Y+7.45%5Y+6.72%10Y+7.28%
- HDFC Retirement Fund - Hybrid-Debt Plan - Direct Plan - Growth OptionHDFC · Solution Oriented₹24.39#6411Y-0.79%3Y+6.31%5Y+6.72%10Y+7.91%
- HDFC Medium Term Fund - Direct Plan - Growth OptionHDFC · Debt₹65.99#6421Y+5.77%3Y+7.83%5Y+6.72%10Y+7.37%
- SBI MEDIUM TERM FUND - Direct Plan - GrowthSBI · Debt₹59.51#6431Y+5.57%3Y+7.60%5Y+6.72%10Y+7.97%
- AXIS Corporate Bond Fund - Direct Plan - Growth OptionAxis · Debt₹19.36#6441Y+4.71%3Y+7.60%5Y+6.71%10Y—
- Nippon India Corporate Bond Fund - Direct Plan - Growth OptionNippon India · Debt₹67.17#6451Y+4.40%3Y+7.44%5Y+6.71%10Y+7.19%
- Aditya Birla Sun Life ELSS Tax Saver Fund - Direct Plan - GROWTHAditya Birla Sun Life · Equity₹64.77#6461Y-5.71%3Y+9.03%5Y+6.71%10Y+9.99%
- Tata Floating Interest Rates Fund - Direct Plan - Growth OptionTata · Debt₹14.00#6471Y+5.67%3Y+7.37%5Y+6.71%10Y—
- DSP Arbitrage fund - Direct Plan - GrowthDSP · Hybrid₹16.95#6481Y+6.62%3Y+7.23%5Y+6.70%10Y—
- Axis Ultra Short to Short Term Fund - Direct Plan - Growth OptionAxis · Debt₹3,516.64#6491Y+6.19%3Y+7.43%5Y+6.70%10Y+7.01%
- UTI - MNC Fund - Direct Plan - GrowthUTI · Equity₹424.12#6501Y-4.66%3Y+6.98%5Y+6.70%10Y+9.93%
5Y CAGR rankings — frequently asked questions
What does 5Y 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 5 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?
1,119 direct-plan schemes with a recent NAV and enough history to compute a 5Y figure. Funds without sufficient NAV history for this horizon are excluded rather than shown with an estimated number.