Best Mutual Funds

India's mutual fund industry has grown into one of the most dynamic investment markets in the world. With assets under management crossing Rs 70 lakh crore, selecting the right fund from hundreds of options can be a daunting task for both first time and experienced investors. This report cuts through the noise by presenting a rigorous, data backed ranking of the best performing equity mutual funds across six major SEBI regulated categories.   Our analysis is grounded in 5 yea

The last three years have been a fascinating and volatile period for Indian equity markets. From post pandemic recoveries and global inflation shocks to domestic economic resilience and record breaking FII inflows, markets have navigated multiple macro crosscurrents. Against this backdrop, the funds that have delivered superior 3 year CAGR represent a combination of smart tactical allocation and robust stock selection.   While 3 year returns should not be used in isolation fo

A decade is the true test of a mutual fund. Markets go through full cycles of bull runs, corrections, panics, and recoveries over ten years, and only the most consistently managed funds deliver superior risk adjusted returns across all of these phases. This report identifies the top performing equity mutual funds over the last 10 years across six SEBI regulated categories, using Direct Growth plan data updated to February 2026.   The 10 year CAGR is arguably the most meaningf

Flexi Cap mutual funds are open-ended equity schemes that invest across the full market capitalisation spectrum, large cap, mid cap, and small cap stocks with no fixed allocation mandate. Introduced by SEBI in November 2020 as a distinct category (separate from Multi Cap funds), Flexi Cap funds must maintain a minimum 65% allocation to equity and equity-related instruments but give fund managers complete freedom in choosing the market cap mix based on prevailing opportunities

Small cap mutual funds invest a minimum of 65% of their total assets in equity and equity-related instruments of small cap companies, those ranked 251 st  onwards in terms of full market capitalisation as defined by SEBI. Fund managers retain flexibility in the remaining allocation to manage risk and capitalise on tactical opportunities across the market-cap spectrum. These companies are typically early-stage enterprises or niche businesses with significant growth potential,

Published: 24-March-2026 Data as of: 14-Feb-2026 Mid cap mutual funds invest a minimum of 65% of their total assets in equity and equity-related instruments of mid cap companies, those ranked 101 st to 250 th  in terms of full market capitalisation as defined by SEBI (Securities and Exchange Board of India). These companies represent the growth engine of the Indian economy, established enough to have proven business models, yet agile enough to deliver outsized returns over l

The following tables rank the top 10 large cap mutual funds across four time horizons: Since Inception, 10-Year, 5-Year, and 3-Year CAGR returns.