Best Mutual Funds in India, Top Performing Mutual Funds, Invest in MF (2024)

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Fund Name Category Rank Morningstar Rating NAV Fund Return Category Return Risk Fund Size (Cr)

Bank of India Flexi Cap Fund Direct Growth

1Out of 33

₹33.18

62.09%

38.78%

Very High Risk

₹743.44 Cr

JM Flexicap Fund (Direct) Growth Option

2Out of 33

₹97.89

61.87%

38.78%

Very High Risk

₹1,773.87 Cr

Quant Flexi Cap Fund Growth Option Direct Plan

3Out of 33

₹105.48

61.53%

38.78%

Very High Risk

₹4,616.85 Cr

Motilal Oswal Flexicap Fund Direct Plan Growth

4Out of 33

₹53.73

54.97%

38.78%

Very High Risk

₹9,660.38 Cr

ITI Flexi Cap Fund Direct Growth

5Out of 33

--

₹15.64

53.20%

38.78%

Very High Risk

₹860.00 Cr

Invesco India Flexi Cap Fund Direct Growth

6Out of 33

--

₹15.70

49.10%

38.78%

Very High Risk

₹1,502.20 Cr

Franklin India Flexi Cap Fund Direct Growth

7Out of 33

₹1,543.58

44.75%

38.78%

Very High Risk

₹14,623.45 Cr

HDFC Flexi Cap Fund -Direct Plan - Growth Option

8Out of 33

₹1,747.47

43.54%

38.78%

Very High Risk

₹50,839.90 Cr

Edelweiss Flexi Cap Fund Direct Growth

9Out of 33

₹36.66

43.29%

38.78%

Very High Risk

₹1,690.09 Cr

WhiteOak Capital Flexi Cap Fund Direct Growth

10Out of 33

--

₹14.64

42.78%

38.78%

Very High Risk

₹3,237.34 Cr

HSBC Flexi Cap Fund Growth Direct

12Out of 33

₹202.87

42.73%

38.78%

Very High Risk

₹4,199.70 Cr

ICICI Prudential Flexicap Fund Direct Growth

13Out of 33

--

₹16.62

42.42%

38.78%

Very High Risk

₹14,571.31 Cr

Nippon India Flexi Cap Fund Direct Growth

14Out of 33

--

₹15.15

40.25%

38.78%

Very High Risk

₹6,306.47 Cr

Baroda BNP Paribas Flexi Cap Fund Direct Growth

15Out of 33

--

₹13.90

40.11%

38.78%

Very High Risk

₹1,254.23 Cr

Mahindra Manulife Flexi Cap Fund Direct Growth

16Out of 33

--

₹14.93

39.33%

38.78%

Very High Risk

₹1,232.22 Cr

Union Flexi Cap Fund Direct Growth Option

17Out of 33

₹49.62

39.23%

38.78%

Very High Risk

₹1,986.67 Cr

Aditya Birla Sun Life Flexi Cap Fund Direct Plan Growth

18Out of 33

₹1,672.84

38.41%

38.78%

Very High Risk

₹19,967.06 Cr

Parag Parikh Flexi Cap Direct Growth

19Out of 33

₹75.40

38.28%

38.78%

Very High Risk

₹60,559.43 Cr

Tata Flexi Cap Fund Direct Growth

20Out of 33

₹22.43

37.66%

38.78%

Very High Risk

₹2,641.58 Cr

Taurus Flexi Cap Fund - Direct Plan-Growth Option

21Out of 33

₹212.39

36.96%

38.78%

Very High Risk

₹329.48 Cr

Bandhan Flexi Cap Fund-Direct Plan-Growth

22Out of 33

₹193.68

36.44%

38.78%

Very High Risk

₹6,807.21 Cr

Kotak Flexicap Fund Direct Growth

23Out of 33

₹80.43

35.37%

38.78%

Very High Risk

₹45,911.90 Cr

LIC MF Flexi Cap Fund Direct Plan Growth Option

24Out of 33

₹94.45

35.04%

38.78%

Very High Risk

₹942.29 Cr

Mirae Asset Flexi Cap Fund Direct Growth

25Out of 33

--

₹13.58

34.29%

38.78%

Very High Risk

₹1,699.82 Cr

Axis Flexi Cap Fund Direct Growth

26Out of 33

₹24.57

33.53%

38.78%

Very High Risk

₹11,670.37 Cr

Canara Robeco Flexi Cap Fund Direct Plan Growth Option

27Out of 33

₹319.94

32.89%

38.78%

Very High Risk

₹12,068.45 Cr

Sundaram Flexi Cap Fund Direct Growth

28Out of 33

--

₹13.02

32.33%

38.78%

Very High Risk

₹2,084.21 Cr

Navi Flexi Cap Fund Direct Growth

29Out of 33

₹22.79

30.38%

38.78%

Very High Risk

₹243.97 Cr

SBI Flexicap Fund Direct Growth

30Out of 33

₹107.65

30.14%

38.78%

Very High Risk

₹20,283.05 Cr

Bank of India Flexi Cap Fund Direct Growth

Very High Risk

  • Category Rank 1Out of 33
  • NAV ₹33.18
  • Fund Size ₹743.44 Cr

Fund Return 62.09%

Category Return 38.78%

JM Flexicap Fund (Direct) Growth Option

Very High Risk

  • Category Rank 2Out of 33
  • NAV ₹97.89
  • Fund Size ₹1,773.87 Cr

Fund Return 61.87%

Category Return 38.78%

Quant Flexi Cap Fund Growth Option Direct Plan

Very High Risk

  • Category Rank 3Out of 33
  • NAV ₹105.48
  • Fund Size ₹4,616.85 Cr

Fund Return 61.53%

Category Return 38.78%

Motilal Oswal Flexicap Fund Direct Plan Growth

Very High Risk

  • Category Rank 4Out of 33
  • NAV ₹53.73
  • Fund Size ₹9,660.38 Cr

Fund Return 54.97%

Category Return 38.78%

ITI Flexi Cap Fund Direct Growth

Very High Risk --

  • Category Rank 5Out of 33
  • NAV ₹15.64
  • Fund Size ₹860.00 Cr

Fund Return 53.20%

Category Return 38.78%

Invesco India Flexi Cap Fund Direct Growth

Very High Risk --

  • Category Rank 6Out of 33
  • NAV ₹15.70
  • Fund Size ₹1,502.20 Cr

Fund Return 49.10%

Category Return 38.78%

Franklin India Flexi Cap Fund Direct Growth

Very High Risk

  • Category Rank 7Out of 33
  • NAV ₹1,543.58
  • Fund Size ₹14,623.45 Cr

Fund Return 44.75%

Category Return 38.78%

HDFC Flexi Cap Fund -Direct Plan - Growth Option

Very High Risk

  • Category Rank 8Out of 33
  • NAV ₹1,747.47
  • Fund Size ₹50,839.90 Cr

Fund Return 43.54%

Category Return 38.78%

Edelweiss Flexi Cap Fund Direct Growth

Very High Risk

  • Category Rank 9Out of 33
  • NAV ₹36.66
  • Fund Size ₹1,690.09 Cr

Fund Return 43.29%

Category Return 38.78%

WhiteOak Capital Flexi Cap Fund Direct Growth

Very High Risk --

  • Category Rank 10Out of 33
  • NAV ₹14.64
  • Fund Size ₹3,237.34 Cr

Fund Return 42.78%

Category Return 38.78%

Shriram Flexi Cap Fund Direct Growth

Very High Risk

  • Category Rank 11Out of 33
  • NAV ₹22.32
  • Fund Size ₹83.51 Cr

Fund Return 42.75%

Category Return 38.78%

HSBC Flexi Cap Fund Growth Direct

Very High Risk

  • Category Rank 12Out of 33
  • NAV ₹202.87
  • Fund Size ₹4,199.70 Cr

Fund Return 42.73%

Category Return 38.78%

ICICI Prudential Flexicap Fund Direct Growth

Very High Risk --

  • Category Rank 13Out of 33
  • NAV ₹16.62
  • Fund Size ₹14,571.31 Cr

Fund Return 42.42%

Category Return 38.78%

Nippon India Flexi Cap Fund Direct Growth

Very High Risk --

  • Category Rank 14Out of 33
  • NAV ₹15.15
  • Fund Size ₹6,306.47 Cr

Fund Return 40.25%

Category Return 38.78%

Baroda BNP Paribas Flexi Cap Fund Direct Growth

Very High Risk --

  • Category Rank 15Out of 33
  • NAV ₹13.90
  • Fund Size ₹1,254.23 Cr

Fund Return 40.11%

Category Return 38.78%

Mahindra Manulife Flexi Cap Fund Direct Growth

Very High Risk --

  • Category Rank 16Out of 33
  • NAV ₹14.93
  • Fund Size ₹1,232.22 Cr

Fund Return 39.33%

Category Return 38.78%

Union Flexi Cap Fund Direct Growth Option

Very High Risk

  • Category Rank 17Out of 33
  • NAV ₹49.62
  • Fund Size ₹1,986.67 Cr

Fund Return 39.23%

Category Return 38.78%

Aditya Birla Sun Life Flexi Cap Fund Direct Plan Growth

Very High Risk

  • Category Rank 18Out of 33
  • NAV ₹1,672.84
  • Fund Size ₹19,967.06 Cr

Fund Return 38.41%

Category Return 38.78%

Parag Parikh Flexi Cap Direct Growth

Very High Risk

  • Category Rank 19Out of 33
  • NAV ₹75.40
  • Fund Size ₹60,559.43 Cr

Fund Return 38.28%

Category Return 38.78%

Tata Flexi Cap Fund Direct Growth

Very High Risk

  • Category Rank 20Out of 33
  • NAV ₹22.43
  • Fund Size ₹2,641.58 Cr

Fund Return 37.66%

Category Return 38.78%

Taurus Flexi Cap Fund - Direct Plan-Growth Option

Very High Risk

  • Category Rank 21Out of 33
  • NAV ₹212.39
  • Fund Size ₹329.48 Cr

Fund Return 36.96%

Category Return 38.78%

Bandhan Flexi Cap Fund-Direct Plan-Growth

Very High Risk

  • Category Rank 22Out of 33
  • NAV ₹193.68
  • Fund Size ₹6,807.21 Cr

Fund Return 36.44%

Category Return 38.78%

Kotak Flexicap Fund Direct Growth

Very High Risk

  • Category Rank 23Out of 33
  • NAV ₹80.43
  • Fund Size ₹45,911.90 Cr

Fund Return 35.37%

Category Return 38.78%

LIC MF Flexi Cap Fund Direct Plan Growth Option

Very High Risk

  • Category Rank 24Out of 33
  • NAV ₹94.45
  • Fund Size ₹942.29 Cr

Fund Return 35.04%

Category Return 38.78%

Mirae Asset Flexi Cap Fund Direct Growth

Very High Risk --

  • Category Rank 25Out of 33
  • NAV ₹13.58
  • Fund Size ₹1,699.82 Cr

Fund Return 34.29%

Category Return 38.78%

Axis Flexi Cap Fund Direct Growth

Very High Risk

  • Category Rank 26Out of 33
  • NAV ₹24.57
  • Fund Size ₹11,670.37 Cr

Fund Return 33.53%

Category Return 38.78%

Canara Robeco Flexi Cap Fund Direct Plan Growth Option

Very High Risk

  • Category Rank 27Out of 33
  • NAV ₹319.94
  • Fund Size ₹12,068.45 Cr

Fund Return 32.89%

Category Return 38.78%

Sundaram Flexi Cap Fund Direct Growth

Very High Risk --

  • Category Rank 28Out of 33
  • NAV ₹13.02
  • Fund Size ₹2,084.21 Cr

Fund Return 32.33%

Category Return 38.78%

Navi Flexi Cap Fund Direct Growth

Very High Risk

  • Category Rank 29Out of 33
  • NAV ₹22.79
  • Fund Size ₹243.97 Cr

Fund Return 30.38%

Category Return 38.78%

SBI Flexicap Fund Direct Growth

Very High Risk

  • Category Rank 30Out of 33
  • NAV ₹107.65
  • Fund Size ₹20,283.05 Cr

Fund Return 30.14%

Category Return 38.78%

Returns <= 1 year are absolute and > 1 year are annualised

Only Growth, Direct and Non-ETF schemes are considered

For Category returns, all scheme variants are considered

Best Mutual Funds in India, Top Performing Mutual Funds, Invest in MF (2024)

FAQs

Which is the best performing mutual fund in India? ›

List of Best Mutual Funds in India sorted by ET Money Ranking
  • Quant Small Cap Fund. EQUITY Small Cap. ...
  • Quant Mid Cap Fund. ...
  • Kotak Infrastructure and Economic Reform Fund. ...
  • HYBRID Multi Asset Allocation. ...
  • ICICI Prudential Value Discovery Fund. ...
  • ICICI Prudential Focused Equity Fund. ...
  • DSP Healthcare Fund. ...
  • Parag Parikh Flexi Cap Fund.

Which type of mutual fund gives highest return in India? ›

Quant Small Cap Fund(G) tops the chart with over 39% returns followed by Quant Mid Cap Fund(G), Nippon India Small Cap Fund(G), Quant Flexi Cap Fund(G) and Motilal Oswal Midcap Fund-Reg(G) in the same pecking order. 1.

What is the most successful mutual fund? ›

Best-performing U.S. equity mutual funds
TickerName5-year return (%)
MAEIXMoA Equity Index Fund13.40%
BSPSXiShares S&P 500 Index Service13.33%
VLACXVanguard Large Cap Index Investor13.30%
GRMSXNationwide S&P 500 Index Svc12.92%
3 more rows
May 1, 2024

Which mutual fund is best for the next 5 years? ›

List of Best Performing Mutual Funds in India as of Last 5 Years (as per 5Y annualized Returns)
Fund CategoryFund Name5Y Return (Annualised)
EquityQuant Small Cap Fund Direct Plan-Growth40.19%
Quant Mid Cap Fund Direct-Growth38.69%
Bank of India Small Cap Fund Direct-Growth34.17%
Tata Small Cap Fund Direct-Growth33.44%
11 more rows
May 6, 2024

Which type of MF gives highest return? ›

What are High Return Mutual Fund?
  • Build Wealth. 32% - 34%
  • Trending Funds. 25% - 27%
  • Tax Saver. 23% - 25%
  • Index Funds. 17% - 19%
  • High Return. 34% - 36%
  • Gold Funds. 13% - 15%
  • Explore All Mutual Funds.

Which is the best performing mutual fund in India for last 10 years? ›

10-year-returns (%)

As we can see in the table above, the top-performing small cap fund (Quant Small Cap) has delivered 39.06 percent annualised return in the past 10 years. This is followed by Bank of India Small Cap Fund (31.68%), Nippon India Small Cap Fund (30.88%) and Edelweiss Small Cap Fund (28.50%).

Which mutual fund has a 20% return? ›

What are ELSS funds?
ELSS Funds3-year-returns (%) (regular)
Kotak ELSS Tax Saver Fund21.11
Motilal Oswal ELSS Tax Saver Fund25.21
Nippon India ELSS Tax Saver Fund21.96
Parag Parikh ELSS Tax Saver Fund21.76
8 more rows
Apr 21, 2024

Which is the rank 1 mutual fund? ›

Top Mutual Fund Houses in India
S.No.Mutual Fund House
1.SBI Mutual Fund
2.ICICI Prudential Mutual Fund
3.HDFC Mutual Fund
4.Aditya Birla Sun Life Mutual Fund
6 more rows
May 2, 2024

Which mutual funds give 30% return? ›

4 equity mutual funds offered over 30% returns in 3 & 5 years
  • IANS. 1/6. ​Top Gainers. ...
  • iStock. 2/6. ​Nippon India Small Cap Fund. ...
  • iStock. 3/6. ​Quant Flexi Cap Fund. ...
  • Getty Images. 4/6. ​Quant Mid Cap Fund. ...
  • iStock. 5/6. ​Quant Small Cap Fund. ...
  • Agencies. 6/6. ​Interested to invest?
May 3, 2024

What is the best mutual fund for retirees? ›

Best retirement income funds
  • Vanguard LifeStrategy Income Fund (VASIX).
  • Vanguard Target Retirement Income Fund (VTINX).
  • Fidelity Freedom Index Income Fund Investor Class (FIKFX).
  • Schwab Monthly Income Fund Income Payout (SWLRX).
  • Schwab Monthly Income Fund Flexible Payout (SWKRX).

Which sip is best for 10 years? ›

Top SIP Plans of 5,000 Per Month for 10 Years
Mutual FundRisk InvolvedReturns (%)
ICICI Prudential Technology FundVery High28.08
Quant Active FundVery High33.67
Aditya Birla Sun Life Corporate Bond FundModerate8.19
Quant Large And Mid Cap FundVery High20.57
6 more rows
Feb 20, 2024

What is the safest investment with the highest return? ›

These seven low-risk but potentially high-return investment options can get the job done:
  • Money market funds.
  • Dividend stocks.
  • Bank certificates of deposit.
  • Annuities.
  • Bond funds.
  • High-yield savings accounts.
  • 60/40 mix of stocks and bonds.
3 days ago

How to get 50 lakhs in 5 years with SIP? ›

For example, if an individual plan to accumulate ₹50 lakhs over the tenure of 5 years, assuming the individual invests in a Flexicap fund or a Multicap fund which is giving an annualized return of 15%, then the individual needs to invest ₹55,750 per month for 5 years in order to generate the required corpus.

What is the SIP of $50,000 per month for 5 years? ›

50,000 per month SIP for 5 years? If you invest Rs. 50,000 per month in a SIP for 5 years, the total investment would amount to Rs. 30 lakhs.

Which mutual fund is safest for long term? ›

Top Long Term Mutual Funds to in Invest in 2024 in India
  • Quant Infrastructure Fund.
  • Kotak Infrastructure and Economic Reform Fund.
  • SBI Contra Plan Fund.
  • Motilal Oswal Midcap Fund.
  • Quant Tax Plan Fund.
  • SBI Magnum Mid Cap Fund.
  • Axis Small Cap Fund.
  • SBI Consumption Opportunities Fund.
Mar 6, 2024

What is a 5 star mutual fund? ›

The mutual fund ranking system of Value Research gives a quick measure of how a fund has performed in the past when compared to its peers, with five being the highest rating and one being the lowest. It takes into account the risk, returns, expense ratio and other relevant factors to arrive at such ratings.

Which mutual fund is best for 5 years in India? ›

Equity Mutual Funds: SIP Performance in 5 years
  • Quant Small Cap Fund. 1,901,488.91. ...
  • Quant Mid Cap Fund. 1,481,473.16. ...
  • Nippon India Small Cap Fund. 1,479,532.93. ...
  • Quant Flexi Cap Fund. 1,449,704.29. ...
  • Quant ELSS Tax Saver Fund. 1,428,661.33. ...
  • HSBC Small Cap Fund. 1,362,349.31. ...
  • SBI Contra Fund. 1,353,971.16. ...
  • Bank of India Small Cap Fund.
Feb 26, 2024

Which mutual fund is safest in India? ›

Top 10 Low Risk Mutual Funds to Buy in the Share Market in India...
  • Invesco India Arbitrage Fund.
  • Edelweiss Arbitrage Fund.
  • Bank of India Overnight Fund.
  • Mirae Asset Overnight Fund.
  • Axis Overnight Fund.
  • Kotak Equity Arbitrage Fund.
  • Tata Arbitrage Fund.
  • Nippon India Arbitrage Fund.
Mar 7, 2024

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