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

₹32.07

61.72%

43.51%

Very High Risk

₹683.42 Cr

Quant Flexi Cap Fund Growth Option Direct Plan

2Out of 33

₹101.98

59.48%

43.51%

Very High Risk

₹4,154.65 Cr

ITI Flexi Cap Fund Direct Growth

3Out of 33

--

₹15.48

59.17%

43.51%

Very High Risk

₹810.56 Cr

JM Flexicap Fund (Direct) Growth Option

4Out of 33

₹94.81

59.10%

43.51%

Very High Risk

₹1,656.84 Cr

Motilal Oswal Flexicap Fund Direct Plan Growth

5Out of 33

₹52.79

55.70%

43.51%

Very High Risk

₹9,423.60 Cr

Invesco India Flexi Cap Fund Direct Growth

6Out of 33

--

₹15.58

49.38%

43.51%

Very High Risk

₹1,449.18 Cr

ICICI Prudential Flexicap Fund Direct Growth

7Out of 33

--

₹16.73

46.50%

43.51%

Very High Risk

₹14,197.43 Cr

Edelweiss Flexi Cap Fund Direct Growth

8Out of 33

₹36.30

46.40%

43.51%

Very High Risk

₹1,643.90 Cr

Baroda BNP Paribas Flexi Cap Fund Direct Growth

9Out of 33

--

₹13.88

45.57%

43.51%

Very High Risk

₹1,241.06 Cr

Franklin India Flexi Cap Fund Direct Growth

10Out of 33

₹1,536.40

45.45%

43.51%

Very High Risk

₹14,470.61 Cr

Mahindra Manulife Flexi Cap Fund Direct Growth

12Out of 33

--

₹14.81

44.71%

43.51%

Very High Risk

₹1,218.54 Cr

HSBC Flexi Cap Fund Growth Direct

13Out of 33

₹202.37

44.67%

43.51%

Very High Risk

₹4,115.56 Cr

HDFC Flexi Cap Fund -Direct Plan - Growth Option

14Out of 33

₹1,740.46

44.10%

43.51%

Very High Risk

₹49,656.92 Cr

Taurus Flexi Cap Fund - Direct Plan-Growth Option

15Out of 33

₹211.21

43.67%

43.51%

Very High Risk

₹334.02 Cr

Shriram Flexi Cap Fund Direct Growth

16Out of 33

₹22.26

43.54%

43.51%

Very High Risk

₹79.60 Cr

Nippon India Flexi Cap Fund Direct Growth

17Out of 33

--

₹14.99

42.29%

43.51%

Very High Risk

₹6,158.03 Cr

Union Flexi Cap Fund Direct Growth Option

18Out of 33

₹49.61

41.99%

43.51%

Very High Risk

₹1,982.61 Cr

Bandhan Flexi Cap Fund-Direct Plan-Growth

19Out of 33

₹193.71

41.62%

43.51%

Very High Risk

₹6,754.18 Cr

Parag Parikh Flexi Cap Direct Growth

20Out of 33

₹74.87

41.13%

43.51%

Very High Risk

₹58,900.51 Cr

Tata Flexi Cap Fund Direct Growth

21Out of 33

₹22.09

40.56%

43.51%

Very High Risk

₹2,872.05 Cr

Mirae Asset Flexi Cap Fund Direct Growth

22Out of 33

--

₹13.59

40.35%

43.51%

Very High Risk

₹1,648.72 Cr

Kotak Flexicap Fund Direct Growth

23Out of 33

₹79.58

39.37%

43.51%

Very High Risk

₹45,111.78 Cr

Aditya Birla Sun Life Flexi Cap Fund Direct Plan Growth

24Out of 33

₹1,653.26

38.43%

43.51%

Very High Risk

₹19,767.00 Cr

LIC MF Flexi Cap Fund Direct Plan Growth Option

25Out of 33

₹93.34

35.42%

43.51%

Very High Risk

₹939.52 Cr

Canara Robeco Flexi Cap Fund Direct Plan Growth Option

26Out of 33

₹320.35

35.28%

43.51%

Very High Risk

₹11,875.42 Cr

Sundaram Flexi Cap Fund Direct Growth

27Out of 33

--

₹13.09

35.27%

43.51%

Very High Risk

₹2,084.21 Cr

Axis Flexi Cap Fund Direct Growth

28Out of 33

₹24.42

35.07%

43.51%

Very High Risk

₹11,490.97 Cr

Navi Flexi Cap Fund Direct Growth

29Out of 33

₹22.65

34.76%

43.51%

Very High Risk

₹251.47 Cr

SBI Flexicap Fund Direct Growth

30Out of 33

₹106.58

31.91%

43.51%

Very High Risk

₹20,096.76 Cr

Bank of India Flexi Cap Fund Direct Growth

Very High Risk

  • Category Rank 1Out of 33
  • NAV ₹32.07
  • Fund Size ₹683.42 Cr

Fund Return 61.72%

Category Return 43.51%

Quant Flexi Cap Fund Growth Option Direct Plan

Very High Risk

  • Category Rank 2Out of 33
  • NAV ₹101.98
  • Fund Size ₹4,154.65 Cr

Fund Return 59.48%

Category Return 43.51%

ITI Flexi Cap Fund Direct Growth

Very High Risk --

  • Category Rank 3Out of 33
  • NAV ₹15.48
  • Fund Size ₹810.56 Cr

Fund Return 59.17%

Category Return 43.51%

JM Flexicap Fund (Direct) Growth Option

Very High Risk

  • Category Rank 4Out of 33
  • NAV ₹94.81
  • Fund Size ₹1,656.84 Cr

Fund Return 59.10%

Category Return 43.51%

Motilal Oswal Flexicap Fund Direct Plan Growth

Very High Risk

  • Category Rank 5Out of 33
  • NAV ₹52.79
  • Fund Size ₹9,423.60 Cr

Fund Return 55.70%

Category Return 43.51%

Invesco India Flexi Cap Fund Direct Growth

Very High Risk --

  • Category Rank 6Out of 33
  • NAV ₹15.58
  • Fund Size ₹1,449.18 Cr

Fund Return 49.38%

Category Return 43.51%

ICICI Prudential Flexicap Fund Direct Growth

Very High Risk --

  • Category Rank 7Out of 33
  • NAV ₹16.73
  • Fund Size ₹14,197.43 Cr

Fund Return 46.50%

Category Return 43.51%

Edelweiss Flexi Cap Fund Direct Growth

Very High Risk

  • Category Rank 8Out of 33
  • NAV ₹36.30
  • Fund Size ₹1,643.90 Cr

Fund Return 46.40%

Category Return 43.51%

Baroda BNP Paribas Flexi Cap Fund Direct Growth

Very High Risk --

  • Category Rank 9Out of 33
  • NAV ₹13.88
  • Fund Size ₹1,241.06 Cr

Fund Return 45.57%

Category Return 43.51%

Franklin India Flexi Cap Fund Direct Growth

Very High Risk

  • Category Rank 10Out of 33
  • NAV ₹1,536.40
  • Fund Size ₹14,470.61 Cr

Fund Return 45.45%

Category Return 43.51%

WhiteOak Capital Flexi Cap Fund Direct Growth

Very High Risk --

  • Category Rank 11Out of 33
  • NAV ₹14.57
  • Fund Size ₹3,132.89 Cr

Fund Return 45.21%

Category Return 43.51%

Mahindra Manulife Flexi Cap Fund Direct Growth

Very High Risk --

  • Category Rank 12Out of 33
  • NAV ₹14.81
  • Fund Size ₹1,218.54 Cr

Fund Return 44.71%

Category Return 43.51%

HSBC Flexi Cap Fund Growth Direct

Very High Risk

  • Category Rank 13Out of 33
  • NAV ₹202.37
  • Fund Size ₹4,115.56 Cr

Fund Return 44.67%

Category Return 43.51%

HDFC Flexi Cap Fund -Direct Plan - Growth Option

Very High Risk

  • Category Rank 14Out of 33
  • NAV ₹1,740.46
  • Fund Size ₹49,656.92 Cr

Fund Return 44.10%

Category Return 43.51%

Taurus Flexi Cap Fund - Direct Plan-Growth Option

Very High Risk

  • Category Rank 15Out of 33
  • NAV ₹211.21
  • Fund Size ₹334.02 Cr

Fund Return 43.67%

Category Return 43.51%

Shriram Flexi Cap Fund Direct Growth

Very High Risk

  • Category Rank 16Out of 33
  • NAV ₹22.26
  • Fund Size ₹79.60 Cr

Fund Return 43.54%

Category Return 43.51%

Nippon India Flexi Cap Fund Direct Growth

Very High Risk --

  • Category Rank 17Out of 33
  • NAV ₹14.99
  • Fund Size ₹6,158.03 Cr

Fund Return 42.29%

Category Return 43.51%

Union Flexi Cap Fund Direct Growth Option

Very High Risk

  • Category Rank 18Out of 33
  • NAV ₹49.61
  • Fund Size ₹1,982.61 Cr

Fund Return 41.99%

Category Return 43.51%

Bandhan Flexi Cap Fund-Direct Plan-Growth

Very High Risk

  • Category Rank 19Out of 33
  • NAV ₹193.71
  • Fund Size ₹6,754.18 Cr

Fund Return 41.62%

Category Return 43.51%

Parag Parikh Flexi Cap Direct Growth

Very High Risk

  • Category Rank 20Out of 33
  • NAV ₹74.87
  • Fund Size ₹58,900.51 Cr

Fund Return 41.13%

Category Return 43.51%

Tata Flexi Cap Fund Direct Growth

Very High Risk

  • Category Rank 21Out of 33
  • NAV ₹22.09
  • Fund Size ₹2,872.05 Cr

Fund Return 40.56%

Category Return 43.51%

Mirae Asset Flexi Cap Fund Direct Growth

Very High Risk --

  • Category Rank 22Out of 33
  • NAV ₹13.59
  • Fund Size ₹1,648.72 Cr

Fund Return 40.35%

Category Return 43.51%

Kotak Flexicap Fund Direct Growth

Very High Risk

  • Category Rank 23Out of 33
  • NAV ₹79.58
  • Fund Size ₹45,111.78 Cr

Fund Return 39.37%

Category Return 43.51%

Aditya Birla Sun Life Flexi Cap Fund Direct Plan Growth

Very High Risk

  • Category Rank 24Out of 33
  • NAV ₹1,653.26
  • Fund Size ₹19,767.00 Cr

Fund Return 38.43%

Category Return 43.51%

LIC MF Flexi Cap Fund Direct Plan Growth Option

Very High Risk

  • Category Rank 25Out of 33
  • NAV ₹93.34
  • Fund Size ₹939.52 Cr

Fund Return 35.42%

Category Return 43.51%

Canara Robeco Flexi Cap Fund Direct Plan Growth Option

Very High Risk

  • Category Rank 26Out of 33
  • NAV ₹320.35
  • Fund Size ₹11,875.42 Cr

Fund Return 35.28%

Category Return 43.51%

Sundaram Flexi Cap Fund Direct Growth

Very High Risk --

  • Category Rank 27Out of 33
  • NAV ₹13.09
  • Fund Size ₹2,084.21 Cr

Fund Return 35.27%

Category Return 43.51%

Axis Flexi Cap Fund Direct Growth

Very High Risk

  • Category Rank 28Out of 33
  • NAV ₹24.42
  • Fund Size ₹11,490.97 Cr

Fund Return 35.07%

Category Return 43.51%

Navi Flexi Cap Fund Direct Growth

Very High Risk

  • Category Rank 29Out of 33
  • NAV ₹22.65
  • Fund Size ₹251.47 Cr

Fund Return 34.76%

Category Return 43.51%

SBI Flexicap Fund Direct Growth

Very High Risk

  • Category Rank 30Out of 33
  • NAV ₹106.58
  • Fund Size ₹20,096.76 Cr

Fund Return 31.91%

Category Return 43.51%

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 No 1 mutual fund in India? ›

As per data available on the AMFI website, among the top 10 best mutual funds in the mid-cap category, Quant Mid Cap Fund holds the highest position. It is followed closely by Motilal Oswal Midcap Fund and Mahindra Manulife Mid Cap Fund.

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

The table below shows the best hybrid funds:
Mutual fund5 Yr. Returns3 Yr. Returns
Quant Multi Asset Fund - Direct Plan-Growth20.93%31.67%
Quant Absolute Fund - Direct Plan-Growth19.59%31.28%
Quant Multi Asset Fund Reinvestment of Income Distribution cum capital withdrawal Option Direct Plan20.77%28.42%
7 more rows
Mar 14, 2024

What are the top 5 performing mutual funds? ›

Best-performing U.S. equity mutual funds
TickerName5-year return (%)
STSEXBlackRock Exchange BlackRock16.27%
USBOXPear Tree Quality Ordinary16.13%
FGLGXFidelity Series Large Cap Stock16.08%
PRCOXT. Rowe Price U.S. Equity Research16%
3 more rows
Mar 29, 2024

Which is best platform for MF investment? ›

To Wrap It Up…
AppDownloadsRating
Coin by Zerodha10M+4.1/5
Groww1M+4.3/5
ET Money10M+4.5/5
PayTM Money10M+3.8/5
4 more rows
Mar 26, 2024

Which is the best and safest mutual fund in India? ›

Overview of the Best Low Risk Mutual Funds
  • 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

Which is most safe mutual fund? ›

List of Best Low Risk Mutual Funds in India Ranked by Last 5 Year Returns
  • Nippon India Balanced Advantage Fund. ...
  • Franklin India Debt Hybrid Fund. ...
  • DSP Dynamic Asset Allocation Fund. ...
  • Mirae Asset Aggressive Hybrid Fund. ...
  • HSBC Balanced Advantage Fund. ...
  • Bandhan Balanced Advantage Fund. ...
  • Motilal Oswal Balance Advantage Fund.

What is 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 5 star mutual funds have 10 year performance? ›

Five large cap mutual funds that gave the highest return in the past 10 years are Nippon India Large Cap Fund which gave 17.09% returns, followed by Mirae Asset Large Cap Fund with 16.99% return. The other three are ICICI Prudential Bluechip Fund, SBI Bluechip Fund and HDFC Top 100 Fund.

Which mutual funds give 30% return? ›

Equity Mutual Funds: Five-year SIP Performance
SchemeCurrent value of Rs 10,000 monthly SIP (Rs)XIRR(%)
Quant Small Cap Fund17,94,960.9346.15%
Nippon India Small Cap Fund14,76,067.9237.47%
Quant Mid Cap Fund13,77,130.7234.45%
Bank of India Small Cap Fund13,76,835.2834.44%
19 more rows
Jan 25, 2024

Which type of MF gives highest return? ›

The mutual fund category most often providing the highest return is small-cap funds. Read on to know the current risks associated. A small-cap mutual fund is by default, most often, the category with the highest returns, especially this year with a massive 51.8 per cent return.

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

Which mutual fund is best performer? ›

Fund House Fund Category Fund Rank and Ratios Fund Parameters Investment Parameters Filter
Scheme NamePlan1Y
Sponsored AdvInvest Now Sundaram Small Cap Fund - Direct Plan - GrowthSmall Cap FundDirect Plan54.42%
Sponsored AdvInvest Now Sundaram Large and Mid Cap Fund - Direct Plan - GrowthLarge & Mid Cap FundDirect Plan41.54%
25 more rows

How to choose best mf in india? ›

Factors to consider before selecting mutual fund category
  1. Investment objective. Firstly, it is imperative to define your investment objectives clearly. ...
  2. Time horizon. Assessing the timeframe for your investment tenure is crucial. ...
  3. Risk tolerance. ...
  4. Goals. ...
  5. Risk. ...
  6. Liquidity. ...
  7. Investment strategy. ...
  8. Fund performance.

Which MF is best for beginners? ›

Overview of the Best Mutual Funds for Beginners
  • Quant Small Cap Fund. ...
  • Quant Infrastructure Fund. ...
  • SBI Tax Advantage Fund-III. ...
  • Quant ELSS Tax Saver Fund. ...
  • Nippon India Small Cap Fund. ...
  • Axis Small Cap Fund. ...
  • Quant Mid Cap Fund. ...
  • ICICI Pru Smallcap Fund.
Mar 28, 2024

Is MF better than stocks? ›

All investments carry some degree of risk and can lose value if the overall market declines or, in the case of individual stocks, the company folds. Still, mutual funds are generally considered safer than stocks because they are inherently diversified, which helps mitigate the risk and volatility in your portfolio.

Which is the best fund to invest in India? ›

Top Index Funds in India
  • Motilal Oswal Nasdaq 100 FOF Scheme.
  • Bandhan Nifty 50 Index Fund.
  • UTI Nifty 50 Index Fund.
  • ICICI Prudential Nifty 50 Index Fund.
  • Nippon India Index S&P BSE Sensex.

Whose SIP is best in India? ›

Top 10 Best Mutual Funds SIP to Invest In India
  • HDFC Mid-Cap Opportunities Fund.
  • Parag Parikh Flexi Cap Fund.
  • ICICI Pru Bluechip Fund.
  • HDFC Flexi Cap Fund.
  • Nippon India Small Cap Fund.
  • HDFC Balanced Advantage Fund.
  • ICICI Prudential Equity & Debt Fund.
  • ICICI Prudential Corporate Bond Fund.
Feb 5, 2024

Which mutual fund is better now? ›

EQUITY HYBRID DEBT OTHERS Filter
Scheme NamePlan1Y
Sponsored AdvInvest Now Invesco India Mid Cap Fund - Direct Plan - GrowthMid Cap FundDirect Plan56.04%
Contra Fund
SBI Contra Fund - Direct Plan - GrowthDirect Plan53.19%
Sponsored AdvInvest Now Motilal Oswal ELSS Tax Saver Fund - Direct Plan - GrowthDirect Plan62.24%
24 more rows

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