Top Indian Mutual Funds by 5Y CAGR
This page ranks 1,123 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 2,386 funds · page 2 of 48
- Motilal Oswal Midcap FundMotilal Oswal · Equity₹99.94#511Y-3.60%3Y+16.30%5Y+18.01%10Y+15.54%
- BANDHAN Small Cap Fund - Direct Plan - GrowthBandhan · Equity₹56.15#521Y+9.90%3Y+22.36%5Y+18.01%10Y—
- Quant Small Cap Fund - Direct Plan - Growth OptionQuant · Equity₹314.58#531Y+12.40%3Y+16.76%5Y+17.85%10Y+20.60%
- Canara Robeco Infrastructure Fund - Direct Plan - GROWTH OPTIONCanara Robeco · Equity₹179.11#541Y-1.90%3Y+16.84%5Y+17.81%10Y+15.51%
- SBI US Specific Equity Active FoF - Direct Plan - GrowthSBI · Other₹25.63#551Y+23.21%3Y+27.32%5Y+17.62%10Y—
- ICICI Prudential BHARAT 22 FOF - Direct Plan - CumulativeICICI Prudential · Other₹31.17#561Y-5.34%3Y+11.68%5Y+17.59%10Y—
- ICICI Prudential Retirement Fund Pure Equity Plan - Direct Plan - GrowthICICI Prudential · Solution Oriented₹37.17#571Y+1.25%3Y+17.92%5Y+17.55%10Y—
- SBI HEALTHCARE OPPORTUNITIES FUND - Direct Plan - GrowthSBI · Equity₹573.02#581Y+15.02%3Y+22.40%5Y+17.45%10Y+14.52%
- quant Quantamental Fund - Direct Plan - Growth OptionQuant · Equity₹25.46#591Y+3.72%3Y+13.61%5Y+17.45%10Y—
- Invesco India Mid Cap Fund - Direct Plan - GrowthInvesco · Equity₹227.58#601Y+2.80%3Y+21.31%5Y+17.43%10Y+18.69%
- Kotak Infrastructure and Economic Reform Fund - Direct Plan - Growth OptionKotak Mahindra · Equity₹81.25#611Y+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#621Y+4.72%3Y+14.96%5Y+17.30%10Y+15.80%
- Invesco India Infrastructure Fund - Direct Plan - GrowthInvesco · Equity₹78.61#631Y+2.49%3Y+17.24%5Y+17.29%10Y+18.56%
- Edelweiss US Technology Equity Fund of Fund - Direct Plan - GrowthEdelweiss · Other₹42.68#641Y+22.37%3Y+31.75%5Y+17.18%10Y—
- ITI Small Cap Fund - Direct Plan - Growth OptionITI · Equity₹37.67#651Y+18.43%3Y+22.70%5Y+17.14%10Y—
- Nippon India Small Cap Fund - Direct Plan - Growth OptionNippon India · Equity₹203.48#661Y+7.67%3Y+13.99%5Y+17.12%10Y+20.46%
- HDFC Infrastructure Fund - Direct Plan - Growth OptionHDFC · Equity₹49.58#671Y-6.54%3Y+11.93%5Y+17.04%10Y+11.30%
- quant ESG Integration Strategy Fund - Direct Plan - Growth OptionQuant · Equity₹41.52#681Y+17.68%3Y+16.30%5Y+17.04%10Y—
- Bandhan US specific Equity Active FOF - Direct Plan - GrowthBandhan · Other₹21.46#691Y+14.05%3Y+26.12%5Y+16.92%10Y—
- Motilal Oswal ELSS Tax Saver Fund - Direct Plan - GrowthMotilal Oswal · Equity₹65.15#701Y+8.06%3Y+20.56%5Y+16.82%10Y+16.84%
- ICICI Prudential Manufacturing Fund - Direct Plan - CumulativeICICI Prudential · Equity₹39.81#711Y+3.67%3Y+17.40%5Y+16.82%10Y—
- IL&FS Infrastructure Debt Fund Series 2CIL&FS Mutual Fund (IDF) · Debt₹25,12,755.61#721Y+7.62%3Y+22.15%5Y+16.79%10Y—
- HDFC Developed World Overseas Equity Passive FOFHDFC · Other₹22.18#731Y+25.91%3Y+26.65%5Y+16.77%10Y—
- Invesco India - Invesco Global Equity Income Fund of Fund - Direct Plan - GrowthInvesco · Other₹41.27#741Y+15.98%3Y+23.62%5Y+16.76%10Y+14.52%
- UTI - Transportation and Logistics Fund - Direct Plan - GrowthUTI · Equity₹319.72#751Y-5.24%3Y+15.57%5Y+16.60%10Y+11.87%
- HDFC Mid Cap Fund - Direct Plan - Growth OptionHDFC · Equity₹219.30#761Y+1.07%3Y+15.09%5Y+16.56%10Y+16.62%
- Aditya Birla Sun Life Infrastructure Fund - Direct Plan - GROWTHAditya Birla Sun Life · Equity₹116.61#771Y+11.30%3Y+15.51%5Y+16.46%10Y+14.76%
- Union Small Cap Fund - Direct Plan - Growth OptionUnion · Equity₹66.49#781Y+20.93%3Y+16.38%5Y+16.40%10Y+17.32%
- DSP Small Cap Fund - Direct Plan - GrowthDSP · Equity₹250.90#791Y+17.81%3Y+16.31%5Y+16.38%10Y+16.63%
- Franklin India Opportunities Fund - Direct Plan - GrowthFranklin Templeton · Equity₹285.62#801Y-0.14%3Y+18.76%5Y+16.33%10Y+16.25%
- Franklin Build India Fund - Direct Plan - GrowthFranklin Templeton · Equity₹155.81#811Y-5.18%3Y+13.68%5Y+16.30%10Y+16.46%
- Edelweiss Mid Cap Fund - Direct Plan - GrowthEdelweiss · Equity₹122.17#821Y+2.45%3Y+18.92%5Y+16.23%10Y—
- HDFC Developed World Overseas Equity Passive FOFHDFC · Other₹21.67#831Y+25.43%3Y+26.13%5Y+16.23%10Y—
- Quant Infrastructure Fund - Direct Plan - Growth OptionQuant · Equity₹43.96#841Y+4.75%3Y+15.60%5Y+16.15%10Y+20.00%
- Nippon India Growth Mid Cap Fund - Direct Plan - Growth OptionNippon India · Equity₹4,744.87#851Y+3.12%3Y+16.48%5Y+15.74%10Y+17.63%
- HDFC Focused Fund - Direct Plan - Growth OptionHDFC · Equity₹255.68#861Y-4.83%3Y+14.08%5Y+15.73%10Y+14.32%
- Kotak Multi Cap Fund - Direct Plan - GrowthKotak Mahindra · Equity₹20.79#871Y-0.77%3Y+15.01%5Y+15.72%10Y—
- Edelweiss Europe Dynamic Equity Offshore Fund - Direct Plan - GrowthEdelweiss · Other₹33.74#881Y+19.77%3Y+24.69%5Y+15.71%10Y—
- BANDHAN Infrastructure Fund - Direct Plan - GrowthBandhan · Equity₹55.00#891Y-5.63%3Y+13.34%5Y+15.49%10Y+15.50%
- Axis Global Equity Alpha Fund of Fund - Direct Plan - Growth OptionAxis · Other₹26.96#901Y+21.32%3Y+24.24%5Y+15.49%10Y—
- Invesco India Large & Mid Cap Fund - Direct Plan - GrowthInvesco · Equity₹125.00#911Y+2.31%3Y+20.50%5Y+15.48%10Y+16.85%
- Edelweiss Small Cap Fund - Direct Plan - GrowthEdelweiss · Equity₹51.99#921Y+7.02%3Y+14.29%5Y+15.29%10Y—
- BANK OF INDIA FLEXI CAP FUND - Direct Plan - GrowthBank of India · Equity₹41.44#931Y+8.31%3Y+17.97%5Y+15.21%10Y—
- DSP Healthcare Fund - Direct Plan - GrowthDSP · Equity₹49.32#941Y+13.86%3Y+20.31%5Y+15.19%10Y—
- ICICI Prudential Healthcare Fund - Direct Plan - CumulativeICICI Prudential · Equity₹45.01#951Y+3.16%3Y+20.68%5Y+15.18%10Y—
- ICICI Prudential Mid Cap Fund - Direct Plan - GrowthICICI Prudential · Equity₹365.37#961Y+7.63%3Y+19.22%5Y+15.16%10Y+16.22%
- ICICI Prudential India Opportunities Fund - Direct Plan - CumulativeICICI Prudential · Equity₹37.78#971Y-4.21%3Y+12.28%5Y+15.08%10Y—
- Mahindra Manulife Mid Cap Fund - Direct Plan - GrowthMahindra Manulife · Equity₹38.75#981Y+3.16%3Y+15.19%5Y+15.03%10Y—
- Axis Global Innovation Fund of Fund - Direct Plan - Growth OptionAxis · Other₹21.00#991Y+27.74%3Y+27.38%5Y+14.98%10Y—
- Bandhan Large & Mid Cap Fund - Direct Plan - GrowthBandhan · Equity₹159.13#1001Y+0.04%3Y+15.95%5Y+14.97%10Y+15.59%
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?
1,123 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.