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 46 of 48
- Choice Nifty 50 Index Fund - Direct Plan - GrowthChoice · Equity₹9.68#22511Y—3Y—5Y—10Y—
- Mirae Asset Nifty 500 Value 50 ETFMirae Asset · Equity₹14.97#22521Y—3Y—5Y—10Y—
- Choice Nifty Next 50 Index Fund - Direct Plan - GrowthChoice · Equity₹10.63#22531Y—3Y—5Y—10Y—
- Zerodha Nifty MidSmallcap400 50:50 Index Fund - Direct Plan - Growth OptionZerodha · Equity₹10.86#22541Y—3Y—5Y—10Y—
- JioBlackRock Large Cap Fund - Direct Plan - Growth OptionJio BlackRock · Equity₹9.31#22551Y—3Y—5Y—10Y—
- HDFC CRISIL-IBX Financial Services 9-12 Months Debt Index Fund - Direct Plan - Growth OptionHDFC · Debt₹10.41#22561Y—3Y—5Y—10Y—
- Edelweiss Nifty LargeMidcap250 Plus 8-13yr G-Sec 70:30 Index Fund - Direct Plan - GrowthEdelweiss · Debt₹10.27#22571Y—3Y—5Y—10Y—
- Kotak Multi Asset Active FOF - Direct Plan - GrowthKotak Mahindra · Other₹9.86#22581Y—3Y—5Y—10Y—
- Groww Arbitrage Fund - Direct Plan - GrowthGroww · Hybrid₹10.29#22591Y—3Y—5Y—10Y—
- Zerodha Nifty LargeMidcap250 Plus 8-13 Yr G-Sec 70:30 Index Fund - Direct Plan - Growth OptionZerodha · Debt₹9.68#22601Y—3Y—5Y—10Y—
- Motilal Oswal BSE Top 10 Banks ETFMotilal Oswal · Equity₹16.30#22611Y—3Y—5Y—10Y—
- Groww Arbitrage Fund - Direct Plan - Income Distribution cum capital withdrawalGroww · Hybrid₹10.29#22621Y—3Y—5Y—10Y—
- Axis Nifty India Defence Index Fund - Direct Plan - Growth OptionAxis · Equity₹10.11#22631Y—3Y—5Y—10Y—
- SBI CRISIL-IBX Financial Services 3-6 Months Debt Index Fund - Direct Plan - GrowthSBI · Debt₹10.33#22641Y—3Y—5Y—10Y—
- SBI CRISIL-IBX Financial Services 9-12 Months Debt Index Fund - Direct Plan - GrowthSBI · Debt₹10.30#22651Y—3Y—5Y—10Y—
- Invesco India BSE Sensex Index Fund - Direct Plan - GrowthInvesco · Equity₹9.43#22661Y—3Y—5Y—10Y—
- Invesco India Nifty Bank Index Fund - Direct Plan - GrowthInvesco · Equity₹10.16#22671Y—3Y—5Y—10Y—
- Groww Nifty Private Bank ETFGroww · Equity₹27.25#22681Y—3Y—5Y—10Y—
- Groww Nifty Private Bank Index Fund - Direct Plan - GrowthGroww · Equity₹10.10#22691Y—3Y—5Y—10Y—
- Edelweiss Nifty Next 50 ETFEdelweiss · Equity₹68.26#22701Y—3Y—5Y—10Y—
- Axis Nifty Capital Markets Index Fund - Direct PlanAxis · Equity₹9.41#22711Y—3Y—5Y—10Y—
- Groww Nifty Private Bank Index Fund - Direct Plan - Income Distribution cum capital withdrawalGroww · Equity₹10.10#22721Y—3Y—5Y—10Y—
- HDFC GOLD SILVER PASSIVE FOF - Direct Plan - GROWTH OPTIONHDFC · Other₹9.65#22731Y—3Y—5Y—10Y—
- DSP Nifty FMCG ETFDSP · Equity₹44.30#22741Y—3Y—5Y—10Y—
- Motilal Oswal BSE Clean Environment Index Fund - Direct Plan - GrowthMotilal Oswal · Equity₹8.66#22751Y—3Y—5Y—10Y—
- Motilal Oswal BSE Clean Environment Index FundMotilal Oswal · Equity₹8.64#22761Y—3Y—5Y—10Y—
- 360 ONE MSCI India ETF - Direct Plan - GROWTH Option360 ONE · Equity₹9.41#22771Y—3Y—5Y—10Y—
- SBI CRISIL-IBX 10:90 Gilt + SDL Index - Dec 2029 Index Fund - Direct Plan - GrowthSBI · Debt₹10.25#22781Y—3Y—5Y—10Y—
- SBI Nifty G-sec Jul 2031 Index Fund - Direct Plan - GrowthSBI · Debt₹10.14#22791Y—3Y—5Y—10Y—
- Motilal Oswal BSE Midcap 150 Momentum 30 Index FundMotilal Oswal · Equity₹9.99#22801Y—3Y—5Y—10Y—
- Motilal Oswal BSE Midcap 150 Momentum 30 Index FundMotilal Oswal · Equity₹9.98#22811Y—3Y—5Y—10Y—
- The Wealth Company Large & Mid Cap Fund - Direct Plan - GrowthThe Wealth Company · Equity₹9.89#22821Y—3Y—5Y—10Y—
- Groww Nifty Smallcap 250 Momentum Quality 100 Index Fund - Direct Plan - GrowthGroww · Equity₹10.43#22831Y—3Y—5Y—10Y—
- Groww Nifty Smallcap 250 Momentum Quality 100 ETFGroww · Equity₹47.87#22841Y—3Y—5Y—10Y—
- Groww Nifty Smallcap 250 Momentum Quality 100 Index Fund - Direct Plan - Income Distribution cum capital withdrawalGroww · Equity₹10.43#22851Y—3Y—5Y—10Y—
- Kotak Nifty Alpha Low Volatility 30 Index Fund - Direct Plan - GrowthKotak Mahindra · Equity₹9.40#22861Y—3Y—5Y—10Y—
- WhiteOak Capital Aggressive Hybrid Fund - Direct Plan - Growth OptionWhiteOak Capital · Hybrid₹10.11#22871Y—3Y—5Y—10Y—
- Shriram Overnight Fund - Direct Plan - GrowthShriram · Debt₹1,277.82#22881Y—3Y—5Y—10Y—
- ICICI Prudential Nifty Smallcap 250 ETFICICI Prudential · Equity₹17.80#22891Y—3Y—5Y—10Y—
- Tata Multi Sector Passive FOF - Direct Plan - Growth OptionTata · Other₹9.29#22901Y—3Y—5Y—10Y—
- Choice Overnight Fund - Direct Plan - GrowthChoice · Debt₹101.39#22911Y—3Y—5Y—10Y—
- ICICI Prudential Balanced Hybrid Fund - Direct Plan - GrowthICICI Prudential · Hybrid₹9.91#22921Y—3Y—5Y—10Y—
- JM Multi Asset Allocation Fund - Direct Plan - Growth OptionJM Financial · Hybrid₹10.05#22931Y—3Y—5Y—10Y—
- HDFC Nifty Auto Index Fund - Direct Plan - Growth OptionHDFC · Equity₹9.19#22941Y—3Y—5Y—10Y—
- TRUSTMF LARGE & MIDCAP FUND - Direct Plan - GrowthTrust · Equity₹9.75#22951Y—3Y—5Y—10Y—
- Zerodha Life Cycle Fund 2036 - Direct Plan - Growth OptionZerodha · Other₹9.52#22961Y—3Y—5Y—10Y—
- AlphaGrep Multi Asset Allocation Fund - Direct Plan - GrowthAlphaGrep · Hybrid₹10.23#22971Y—3Y—5Y—10Y—
- Zerodha Life Cycle Fund 2041 - Direct Plan - Growth OptionZerodha · Other₹9.44#22981Y—3Y—5Y—10Y—
- ICICI Prudential Multi-Asset Active FOF - Direct Plan - GrowthICICI Prudential · Other₹9.81#22991Y—3Y—5Y—10Y—
- NJ Momentum Fund - Direct Plan - Growth OptionNJ · Equity₹9.90#23001Y—3Y—5Y—10Y—
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.