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Investment Product

Mutual Funds

Diversified, professionally managed, regulated. The most accessible investment vehicle in India — for good reason.

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Top 100 mutual funds we track

Top 100 Direct-Growth funds from the largest AMCs across 12 SEBI categories. NAVs from AMFI India's daily feed; returns computed from historical NAVs. NAV as of 30-Jul-2026. Click any column to sort.

Asset Management Company — the firm that runs the fund (e.g. SBI, HDFC, ICICI Prudential).Rating CRISIL rating (1–5), via Kuvera — based on risk-adjusted returns. Higher is better. Shown where available.Net Asset Value — the per-unit price of the fund as published daily by AMFI.Simple percent change over the trailing 6 months (not annualised — the window is shorter than a year).Compound Annual Growth Rate over the trailing 1 year. Annualised return as if it compounded smoothly.Annualised CAGR over the trailing 2 years.Annualised CAGR over the trailing 3 years — a more honest read than 1Y.Annualised CAGR over the trailing 5 years — the timeframe SEBI suggests for equity funds.Annualised CAGR over the trailing 10 years. Shown only for funds that have actually existed that long.Expense Total Expense Ratio — the annual fee the AMC charges, already reflected in the NAV. Via Kuvera, shown where available.30d Sparkline of the last 30 NAV points from MFAPI, oldest left, newest right.As of
SMALL CAP FUNDBandhanSmall Cap55.66+14.4%+8.0%+8.0%+26.9%+19.7%0.35%
30-Jul-2026
MidCap FundICICI PrudentialMid Cap378.77+9.4%+12.6%+7.5%+22.5%+17.9%+17.2%0.89%
30-Jul-2026
Growth Mid Cap FundNippon IndiaMid Cap4971.43+9.7%+9.6%+6.2%+21.3%+19.7%+18.8%0.61%
30-Jul-2026
Long Term Advantage PlanHDFCELSS625.38+15.0%+36.1%+25.6%+20.8%+18.0%
14-Jan-2022
Multicap FundAxisMulti Cap20.08+9.1%+7.5%+5.8%+19.9%0.0%1.13%
30-Jul-2026
Midcap FundKotakMid Cap170.10+11.7%+7.5%+5.9%+19.8%+17.9%+18.4%0.39%
30-Jul-2026
Mid Cap FundHDFCMid Cap232.75+5.9%+8.4%+5.9%+19.4%+20.4%+18.1%0.74%
30-Jul-2026
MIDCAP FUNDBandhanMid Cap19.75+14.1%+8.6%+4.7%+19.0%0.0%0.51%
30-Jul-2026
Multicap Fund-Direct Plan-GrowthKotakMulti Cap21.59+5.2%+9.1%+3.3%+18.7%0.0%0.49%
30-Jul-2026
Long Term Advantage Fund Series IIIUTIELSS23.29+26.4%+76.9%+30.9%+18.7%+15.2%
24-Sep-2021
Midcap Fund- Direct Growth OptionMirae AssetMid Cap43.87+10.9%+11.9%+5.9%+18.3%+16.8%0.51%
30-Jul-2026
Focused Equity FundICICI PrudentialFocused110.63+1.0%+5.2%+5.9%+17.9%+17.5%+15.7%0.57%
30-Jul-2026
Midcap FundAxisMid Cap141.18+10.2%+7.0%+4.9%+17.5%+14.8%+17.8%0.80%
30-Jul-2026
Flexicap FundICICI PrudentialFlexi Cap21.62+7.9%+10.2%+5.7%+17.4%+16.6%0.67%
30-Jul-2026
Mid Cap FundTataMid Cap530.73+6.8%+7.5%+2.3%+17.2%+16.5%+17.0%0.55%
30-Jul-2026
Small Cap FundDSPSmall Cap243.73+20.3%+9.8%+7.0%+17.2%+17.5%+17.0%0.82%
30-Jul-2026
Multicap FundICICI PrudentialMulti Cap957.79+9.5%+7.4%+4.3%+17.1%+16.1%+15.3%0.78%
30-Jul-2026
Focused FundHDFCFocused268.74+0.8%+3.7%+5.8%+17.1%+19.8%+15.2%0.76%
30-Jul-2026
Midcap FundAditya Birla SLMid Cap942.78+8.9%+7.2%+4.0%+17.1%+15.3%+14.1%0.87%
30-Jul-2026
Large & Mid Cap FundICICI PrudentialLarge & Mid Cap1175.63+2.9%+6.3%+4.7%+17.1%+18.1%+16.0%0.67%
30-Jul-2026
Flexi Cap FundHDFCFlexi Cap2265.52+1.0%+5.0%+6.0%+17.0%+18.8%+16.4%0.75%
30-Jul-2026
Contra FundKotakValue / Contra183.50+1.1%+4.2%+1.8%+16.8%+16.2%+16.7%0.65%
30-Jul-2026
Value FundHDFCValue / Contra885.31+4.6%+6.8%+4.5%+16.7%+15.6%+14.8%1.11%
30-Jul-2026
Large & Mid Cap FundUTILarge & Mid Cap200.40+1.3%+4.8%+3.0%+16.7%+15.5%+14.4%1.03%
30-Jul-2026
Vision Large & Mid Cap FundNippon IndiaLarge & Mid Cap1627.91+3.7%+4.0%+3.1%+16.5%+15.2%+13.5%0.97%
30-Jul-2026
Small Cap FundNippon IndiaSmall Cap201.84+13.8%+5.6%+0.4%+16.5%+19.2%+21.5%0.54%
30-Jul-2026
Value FundAditya Birla SLValue / Contra154.13+7.8%+10.7%+2.7%+16.4%+15.2%+12.9%0.86%
30-Jul-2026
Midcap FundDSPMid Cap173.22+7.0%+5.2%+2.7%+16.4%+12.8%+14.8%0.76%
30-Jul-2026
Small Cap FundAxisSmall Cap132.41+14.3%+7.1%+5.2%+16.4%+16.7%+19.5%0.74%
30-Jul-2026
ELSS Tax Saver FUNDSBIELSS476.14-0.3%+0.9%+0.1%+16.3%+16.9%+14.7%1.11%
30-Jul-2026
Large & Mid Cap FundAxisLarge & Mid Cap38.27+7.5%+7.1%+5.1%+16.3%+13.7%0.96%
29-Jul-2026
Focused Fund- Direct Plan- Growth optionKotakFocused30.63+4.4%+10.6%+6.1%+16.2%+14.5%0.60%
30-Jul-2026
Value FundNippon IndiaValue / Contra248.89-0.5%+1.1%+0.8%+16.1%+15.6%+15.7%0.91%
30-Jul-2026
Flexi Cap FundAditya Birla SLFlexi Cap2192.90+6.6%+10.3%+6.7%+16.1%+13.5%+14.6%0.72%
30-Jul-2026
Small Cap FundAditya Birla SLSmall Cap110.11+18.5%+12.2%+3.9%+16.0%+13.4%+13.7%0.78%
30-Jul-2026
FOCUSED FUNDSBIFocused446.15+6.7%+13.6%+9.9%+15.9%+13.8%+15.5%1.00%
29-Jul-2026
Small Cap FundUTISmall Cap29.41+13.2%+4.3%+3.0%+15.7%+15.9%0.87%
30-Jul-2026
Multi Cap FundNippon IndiaMulti Cap334.42+6.4%+1.4%+1.9%+15.2%+19.2%+16.0%0.60%
30-Jul-2026
Large & Midcap FundKotakLarge & Mid Cap409.70+1.9%+4.5%+2.5%+15.0%+15.2%+15.9%0.59%
30-Jul-2026
ELSS Tax saverHDFCELSS1506.55-2.2%-0.6%+2.0%+14.9%+16.5%+13.9%1.18%
30-Jul-2026
Equity & Debt FundICICI PrudentialAggressive Hybrid454.58+1.4%+4.5%+5.1%+14.8%+16.6%+15.8%0.77%
30-Jul-2026
Multi-Cap Fund-Direct GrowthAditya Birla SLMulti Cap22.25+8.4%+6.8%+4.0%+14.8%+14.1%0.67%
30-Jul-2026
Large and Mid Cap FundHDFCLarge & Mid Cap369.50+3.5%+3.6%+1.7%+14.8%+16.4%+15.1%0.90%
30-Jul-2026
LARGE & MIDCAP FUND -DIRECT PLAN -GrowthSBILarge & Mid Cap717.96+3.9%+6.2%+5.3%+14.7%+15.1%+15.3%0.90%
29-Jul-2026
Multicap Fund- Direct Plan- Growth optionSBIMulti Cap17.89+5.5%+0.2%+4.1%+14.4%0.0%0.95%
30-Jul-2026
Focused FundAditya Birla SLFocused168.72+1.5%+6.9%+4.2%+14.4%+13.2%+13.3%0.77%
30-Jul-2026
Value Fund (erstwhile Value Discovery Fund)ICICI PrudentialValue / Contra514.19-4.0%-0.3%+1.7%+14.0%+16.7%+15.0%0.79%
30-Jul-2026
ELSS Tax Saver FundNippon IndiaELSS145.20+3.9%+2.6%+1.0%+13.9%+14.2%+11.4%0.87%
30-Jul-2026
Aggressive Hybrid FundKotakAggressive Hybrid77.45+5.5%+5.4%+4.6%+13.8%+13.5%+13.8%0.52%
30-Jul-2026
Large Cap Fund-Direct Plan-GrowthBandhanLarge Cap91.23+3.2%+13.7%+12.8%0.77%
30-Jul-2026
Flexi Cap FundAxisFlexi Cap30.76+7.3%+3.9%+4.1%+13.7%+10.7%0.97%
30-Jul-2026
Multi Cap FundHDFCMulti Cap19.89+3.3%+0.5%-0.7%+13.6%0.0%0.92%
30-Jul-2026
Mid Cap Fund-Growth Option- DirectUTIMid Cap349.40+7.2%+4.2%+0.3%+13.3%+13.2%+14.4%1.05%
30-Jul-2026
EQUITY HYBRID FUNDSBIAggressive Hybrid352.64+5.0%+6.0%+7.3%+13.3%+11.6%+12.6%0.77%
30-Jul-2026
Balanced Advantage FundHDFCBalanced Advantage570.78+0.2%+2.1%+2.0%+13.3%+15.6%+14.7%0.77%
30-Jul-2026
CONTRA FUNDSBIValue / Contra417.42-1.3%+0.0%-0.8%+13.2%+16.8%+15.8%0.85%
29-Jul-2026
Flexicap FundKotakFlexi Cap97.12-1.1%+1.4%+1.9%+13.1%+12.5%+13.8%0.61%
30-Jul-2026
-Small Cap FundKotakSmall Cap318.32+15.2%+2.6%-0.4%+13.0%+13.8%+17.6%0.59%
30-Jul-2026
Large Cap FundNippon IndiaLarge Cap101.56+1.2%+13.0%+15.8%0.58%
30-Jul-2026
MIDCAP FUNDSBIMid Cap274.02+7.2%+5.0%+1.6%+12.8%+15.1%+14.5%1.06%
30-Jul-2026
Flexi Cap FundMirae AssetFlexi Cap16.91+0.9%+4.2%+4.1%+12.8%0.0%0.43%
30-Jul-2026
Large Cap Fund (erstwhile Bluechip Fund)ICICI PrudentialLarge Cap120.83-0.1%+12.7%+13.8%0.71%
30-Jul-2026
ELSS Tax Saver FundAditya Birla SLELSS69.79+2.4%+3.2%+2.2%+12.6%+9.7%+11.2%0.83%
30-Jul-2026
Smallcap FundICICI PrudentialSmall Cap101.07+9.2%+1.8%-0.3%+12.6%+14.5%+16.5%0.71%
30-Jul-2026
Small Cap FundHDFCSmall Cap160.05+6.2%-0.9%+0.9%+12.5%+15.7%+18.1%0.76%
30-Jul-2026
Large & Mid Cap FundAditya Birla SLLarge & Mid Cap1057.62+5.2%+6.0%+2.0%+12.5%+9.6%+11.8%0.92%
30-Jul-2026
Large Cap FundDSPLarge Cap509.61-1.6%+12.5%+11.2%1.37%
30-Jul-2026
ELSS Tax Saver FundICICI PrudentialELSS1048.23+1.4%+1.4%+2.6%+12.5%+12.2%+13.1%0.96%
30-Jul-2026
Balanced Advantage FundAditya Birla SLBalanced Advantage129.77+4.9%+7.4%+7.1%+12.3%+11.0%+11.3%0.60%
30-Jul-2026
Balanced Advantage FundICICI PrudentialBalanced Advantage88.54+3.1%+7.5%+7.3%+12.3%+11.7%+11.6%0.72%
30-Jul-2026
Flexi Cap FundNippon IndiaFlexi Cap17.91+3.7%+2.6%+0.0%+12.3%0.0%0.45%
30-Jul-2026
ELSS Tax Saver Fund-GrowthKotakELSS138.82+2.6%+2.4%+0.1%+12.3%+13.4%+14.9%0.73%
30-Jul-2026
Aggressive Hybrid Fund -Direct PlanUTIAggressive Hybrid443.04-0.2%+2.0%+2.5%+12.0%+12.6%+12.2%1.24%
30-Jul-2026
Flexi Cap Fund-Direct Plan-GrowthTataFlexi Cap26.78-0.7%-0.7%+1.9%+11.9%+11.4%0.58%
30-Jul-2026
Large Cap Fund -Direct Plan Growth OptionTataLarge Cap594.96+4.8%+11.9%+12.1%0.82%
30-Jul-2026
Small Cap FundSBISmall Cap204.81+13.1%+3.2%-0.9%+11.9%+14.2%+18.8%0.79%
30-Jul-2026
Aggressive Hybrid FundNippon IndiaAggressive Hybrid121.98+2.5%+3.6%+3.8%+11.9%+12.5%+10.4%0.92%
30-Jul-2026
Large Cap FundKotakLarge Cap661.78+1.1%+11.9%+11.7%0.67%
30-Jul-2026
Small Cap Fund-Direct Plan-GrowthTataSmall Cap43.22+10.8%-6.5%-2.6%+11.9%+14.9%0.40%
30-Jul-2026
Balanced Advantage FundNippon IndiaBalanced Advantage210.98+4.1%+5.7%+5.1%+11.7%+10.6%+11.5%0.54%
30-Jul-2026
Focused FundNippon IndiaFocused135.05+2.0%+1.2%+0.9%+11.3%+12.2%+13.5%0.96%
30-Jul-2026
Large Cap FundAditya Birla SLLarge Cap582.02+0.2%+11.1%+11.6%0.81%
30-Jul-2026
Equity Hybrid'95 FundAditya Birla SLAggressive Hybrid1748.46+1.3%+2.4%+2.6%+11.0%+9.8%+10.4%0.92%
30-Jul-2026
Large Cap FundHDFCLarge Cap1240.96+1.0%+10.9%+13.4%1.03%
30-Jul-2026
Balanced Advantage FundSBIBalanced Advantage16.75+0.9%+5.1%+5.2%+10.9%0.0%0.88%
30-Jul-2026
Balanced Advantage FundKotakBalanced Advantage23.17+2.8%+4.0%+4.7%+10.5%+10.1%0.62%
30-Jul-2026
ELSS Tax Saver FundUTIELSS229.17-0.0%+0.0%-0.8%+10.3%+9.6%+12.3%1.03%
30-Jul-2026
Large Cap FUND-DIRECT PLAN -GROWTHSBILarge Cap104.80+2.5%+10.2%+11.6%0.86%
30-Jul-2026
Large Cap FundMirae AssetLarge Cap128.60+1.4%+10.2%+10.4%0.50%
30-Jul-2026
Aggressive Hybrid FundAxisAggressive Hybrid23.03+2.4%+2.1%+2.9%+10.1%+8.8%1.16%
30-Jul-2026
Long Term Advantage FundSBIELSS49.74-2.1%+3.5%-2.0%+10.0%+11.3%
30-Jul-2026
Large Cap FundAxisLarge Cap70.11+1.1%+9.9%+8.2%0.98%
30-Jul-2026
UTI - Flexi Cap Fund-Growth Option - DirectUTIFlexi Cap351.96+6.6%+1.1%+2.7%+9.6%+7.0%+12.2%1.03%
30-Jul-2026
Flexicap FundSBIFlexi Cap121.04-0.9%+1.1%-0.4%+8.9%+9.7%+12.2%1.32%
29-Jul-2026
Large Cap FundUTILarge Cap295.25-1.0%+8.9%+9.4%1.09%
30-Jul-2026
Hybrid Equity FundHDFCAggressive Hybrid125.05-1.9%-3.2%+0.3%+7.2%+9.7%+10.8%1.11%
30-Jul-2026
BSE Sensex Index FundSBIIndex12.85-4.8%-3.7%-1.4%+6.4%0.0%0.23%
30-Jul-2026
Multi Cap FundUTIMulti Cap10.77+4.0%+5.0%
30-Jul-2026
Small Cap FundMirae AssetSmall Cap12.47+10.7%+8.5%
30-Jul-2026
BSE Sensex Index Fund- DirectKotakIndex10.41-4.9%-3.6%
30-Jul-2026

NAVs from AMFI India's daily feed (~10 PM IST). Returns computed as annualised CAGR using historical NAVs from MFAPI. CRISIL rating and expense ratio via Kuvera, shown where available. All schemes shown are Direct/Growth plans. Past performance is not indicative of future returns. This list is editorial, not a recommendation. Read scheme-related documents carefully before investing.

What it is

In plain language

A mutual fund pools money from many investors and buys a basket of stocks, bonds, gold, or other assets. A professional fund manager makes the buy/sell decisions, and you own units that reflect your share of the basket.

In India, mutual funds are regulated by SEBI and registered with AMFI. There are over 1,400 schemes across 40+ asset management companies — covering equity (large/mid/small cap, multi-cap, sectoral, thematic), debt (liquid, short-duration, dynamic bond), hybrid, ELSS for tax-saving, gold funds, and international funds.

You can invest a one-time lumpsum or set up a Systematic Investment Plan (SIP) — typically ₹500 per month minimum. The two big choices most investors miss: Direct vs Regular plans (Direct saves 0.5–1% per year in expense ratio), and Active vs Passive (index funds cost 0.1–0.5% vs 1–2% for active).

How it works

Visualised

Equity vs Debt mutual fund returns — 10 years (illustrative)

Illustrative composite returns based on Nifty 500 TRI and CRISIL Composite Debt Fund Index. Past performance does not guarantee future returns.

Returns shown are historical and do not guarantee future performance.

Key facts

Quick reference

Minimum investment₹500 (SIP) / ₹5,000 (lumpsum)
Typical returns (equity)10–14% CAGR over 10+ yrs (historical)
Typical returns (debt)6–8% CAGR (historical)
Lock-inNone (open-ended) · 3 yrs for ELSS
Taxation (equity)STCG 20% · LTCG 12.5% above ₹1.25L/yr
Taxation (debt, post-Apr 2023)At slab rate (no indexation)
RegulatorSEBI-regulated products
Risk levelLow to Very High (varies by scheme)
The honest version

Pros and cons

Pros

  • Professionally managed and SEBI-regulated
  • Wide diversification at low ticket size
  • Liquid (most schemes redeem in T+1 or T+3)
  • Transparent (NAV published daily)
  • SIP enforces discipline — averaging costs over time

Cons

  • Most active funds underperform their benchmark over 10 yrs
  • Regular plan commissions silently eat 0.5–1% per year
  • Exit loads (typically 1% if redeemed within 1 yr) catch new investors
  • Debt fund taxation changed in 2023 — no longer the indexation benefit
  • Too much choice leads to over-diversification (15 funds doing the same thing)
Fit check

Who should consider this?

Consider mutual funds if you have ₹500+/month to invest, want to start before you have ₹50L+, value liquidity, and prefer a regulated structure. They're the right base layer for almost every investor in India.

Watch out for

Common mistakes

  • Buying Regular plans through your bank or app instead of Direct (costs you 0.5–1% per year — over 30 years that's a 25% smaller corpus).
  • Picking the fund that was #1 last year. Past performance leadership is the worst predictor of future returns.
  • Owning 12 different equity funds that all hold the same Nifty-50 stocks — you've paid 12 expense ratios for one index.
  • Stopping SIPs in market crashes. Those are the months your units cost the least.
  • Ignoring the ELSS deduction (₹1.5L u/s 80C) when you're in old tax regime and could save ₹15k–₹45k in tax per year.
How we help

PlanMyCashflows + this product

CashFlow Planner tracks every mutual fund you own across folios and AMCs, flags Regular plans that should be moved to Direct, identifies overlap and concentration, and runs tax-loss harvesting on the ₹1.25L LTCG exemption every March. Our education-first explainers help you understand what a goal-aligned scheme list looks like.

Questions

Frequently asked

Direct vs Regular plans — does the 0.5% really matter?

Yes. On a ₹10L corpus growing at 12% for 20 years, Direct gives you ~₹96L while Regular (at 11.5%) gives ~₹87L — a ₹9L gap from the same fund. Always invest in Direct plans via platforms like Coin (Zerodha), Kuvera, MFCentral, or directly through AMC websites.

How many mutual funds should I own?

For most investors: 3–5 equity funds + 1–2 debt funds is plenty. One large-cap or index fund, one flexi-cap, one mid/small-cap if appetite allows, and one debt fund for short-term goals. More than that usually creates overlap without real diversification.

SIP or lumpsum?

If you have monthly income → SIP (rupee-cost averaging + discipline). If you have a lumpsum (bonus, inheritance, sale proceeds) → STP (Systematic Transfer Plan) from a liquid fund into your target equity fund over 6–12 months reduces timing risk vs deploying all at once.

What about ELSS for tax saving?

ELSS funds let you deduct up to ₹1.5L u/s 80C if you're in the old tax regime, with a 3-year lock-in (the shortest of any 80C option). They invest in equities, so returns are market-linked. Skip if you're in the new tax regime — there's no 80C benefit there.

Are international funds worth it?

Some allocation (5–15%) to US or global funds gives currency diversification and exposure to large global tech. But Indian mutual funds investing abroad are now taxed as debt funds (slab rate), making them less attractive vs Indian equity post-2023. Consider GIFT City or direct US brokerages for larger allocations.

How much should I invest in mutual funds vs other assets?

Depends on age, goals, and other assets. A reasonable starting framework: equity MF allocation = (100 - your age) % of investable surplus, with the rest split across debt, gold (5–10%), and emergency fund (6 months expenses). The AI Wealth Planner gives you a personalised number.

Please note: Mutual fund investments are subject to market risks. Read all scheme-related documents carefully. AMFI Registration: pending. We do not recommend any specific scheme.

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PlanMyCashflows is an information and distribution platform. The content on this site is for educational purposes only and does not constitute investment, legal, or tax advice.

Investments in mutual funds, PMS, AIF, equities, cryptocurrencies, and other instruments are subject to market risks. Past performance is not indicative of future returns. Please read all scheme-related documents carefully and consult a SEBI-registered investment adviser, chartered accountant, and tax professional in your jurisdiction before making investment decisions.

PlanMyCashflows, its directors, employees, and contractors do not guarantee any returns and are not liable for any losses arising from decisions based on the content of this site.