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)

JM Flexicap Fund (Direct) Growth Option

1Out of 33

₹101.93

67.74%

41.58%

Very High Risk

₹1,773.87 Cr

Bank of India Flexi Cap Fund Direct Growth

2Out of 33

₹34.29

65.25%

41.11%

Very High Risk

₹743.44 Cr

Quant Flexi Cap Fund Growth Option Direct Plan

3Out of 33

₹108.22

63.71%

41.58%

Very High Risk

₹4,616.85 Cr

ITI Flexi Cap Fund Direct Growth

4Out of 33

--

₹16.28

57.82%

41.58%

Very High Risk

₹860.00 Cr

Motilal Oswal Flexicap Fund Direct Plan Growth

5Out of 33

₹54.84

57.74%

41.58%

Very High Risk

₹9,660.38 Cr

Invesco India Flexi Cap Fund Direct Growth

6Out of 33

--

₹16.14

51.83%

41.58%

Very High Risk

₹1,502.20 Cr

Franklin India Flexi Cap Fund Direct Growth

7Out of 33

₹1,590.41

47.13%

41.58%

Very High Risk

₹14,623.45 Cr

Shriram Flexi Cap Fund Direct Growth

8Out of 33

₹23.26

46.68%

41.58%

Very High Risk

₹83.51 Cr

HSBC Flexi Cap Fund Growth Direct

9Out of 33

₹208.31

45.28%

41.58%

Very High Risk

₹4,199.70 Cr

Edelweiss Flexi Cap Fund Direct Growth

10Out of 33

₹37.55

45.09%

41.11%

Very High Risk

₹1,690.09 Cr

ICICI Prudential Flexicap Fund Direct Growth

12Out of 33

--

₹16.94

44.66%

41.58%

Very High Risk

₹14,571.31 Cr

WhiteOak Capital Flexi Cap Fund Direct Growth

13Out of 33

--

₹14.92

44.40%

41.58%

Very High Risk

₹3,237.34 Cr

Nippon India Flexi Cap Fund Direct Growth

14Out of 33

--

₹15.59

43.52%

41.58%

Very High Risk

₹6,306.47 Cr

Baroda BNP Paribas Flexi Cap Fund Direct Growth

15Out of 33

--

₹14.38

43.17%

41.58%

Very High Risk

₹1,254.23 Cr

Taurus Flexi Cap Fund - Direct Plan-Growth Option

16Out of 33

₹220.16

42.64%

41.58%

Very High Risk

₹329.48 Cr

Mahindra Manulife Flexi Cap Fund Direct Growth

17Out of 33

--

₹15.29

41.54%

41.58%

Very High Risk

₹1,232.22 Cr

Union Flexi Cap Fund Direct Growth Option

18Out of 33

₹50.44

41.17%

41.58%

Very High Risk

₹1,986.67 Cr

Parag Parikh Flexi Cap Direct Growth

19Out of 33

₹76.99

40.30%

41.58%

Very High Risk

₹60,559.43 Cr

Aditya Birla Sun Life Flexi Cap Fund Direct Plan Growth

20Out of 33

₹1,706.37

40.00%

41.58%

Very High Risk

₹19,967.06 Cr

Tata Flexi Cap Fund Direct Growth

21Out of 33

₹22.96

39.56%

41.58%

Very High Risk

₹2,641.58 Cr

Bandhan Flexi Cap Fund-Direct Plan-Growth

22Out of 33

₹198.54

38.66%

41.58%

Very High Risk

₹6,807.21 Cr

Kotak Flexicap Fund Direct Growth

23Out of 33

₹82.46

37.86%

41.58%

Very High Risk

₹45,911.90 Cr

Mirae Asset Flexi Cap Fund Direct Growth

24Out of 33

See Also
Best value funds to invest in March 2024

--

₹13.88

35.60%

41.58%

Very High Risk

₹1,699.82 Cr

LIC MF Flexi Cap Fund Direct Plan Growth Option

25Out of 33

₹96.24

35.55%

41.58%

Very High Risk

₹942.29 Cr

Axis Flexi Cap Fund Direct Growth

26Out of 33

₹24.99

34.94%

41.58%

Very High Risk

₹11,670.37 Cr

Canara Robeco Flexi Cap Fund Direct Plan Growth Option

27Out of 33

₹324.01

33.65%

41.11%

Very High Risk

₹12,068.45 Cr

Sundaram Flexi Cap Fund Direct Growth

28Out of 33

--

₹13.25

33.25%

41.58%

Very High Risk

₹2,084.21 Cr

Navi Flexi Cap Fund Direct Growth

29Out of 33

₹23.22

31.70%

41.58%

Very High Risk

₹243.97 Cr

SBI Flexicap Fund Direct Growth

30Out of 33

₹109.80

31.69%

41.58%

Very High Risk

₹20,283.05 Cr

JM Flexicap Fund (Direct) Growth Option

Very High Risk

  • Category Rank 1Out of 33
  • NAV ₹101.93
  • Fund Size ₹1,773.87 Cr

Fund Return 67.74%

Category Return 41.58%

Bank of India Flexi Cap Fund Direct Growth

Very High Risk

  • Category Rank 2Out of 33
  • NAV ₹34.29
  • Fund Size ₹743.44 Cr

Fund Return 65.25%

Category Return 41.11%

Quant Flexi Cap Fund Growth Option Direct Plan

Very High Risk

  • Category Rank 3Out of 33
  • NAV ₹108.22
  • Fund Size ₹4,616.85 Cr

Fund Return 63.71%

Category Return 41.58%

ITI Flexi Cap Fund Direct Growth

Very High Risk --

  • Category Rank 4Out of 33
  • NAV ₹16.28
  • Fund Size ₹860.00 Cr

Fund Return 57.82%

Category Return 41.58%

Motilal Oswal Flexicap Fund Direct Plan Growth

Very High Risk

  • Category Rank 5Out of 33
  • NAV ₹54.84
  • Fund Size ₹9,660.38 Cr

Fund Return 57.74%

Category Return 41.58%

Invesco India Flexi Cap Fund Direct Growth

Very High Risk --

  • Category Rank 6Out of 33
  • NAV ₹16.14
  • Fund Size ₹1,502.20 Cr

Fund Return 51.83%

Category Return 41.58%

Franklin India Flexi Cap Fund Direct Growth

Very High Risk

  • Category Rank 7Out of 33
  • NAV ₹1,590.41
  • Fund Size ₹14,623.45 Cr

Fund Return 47.13%

Category Return 41.58%

Shriram Flexi Cap Fund Direct Growth

Very High Risk

  • Category Rank 8Out of 33
  • NAV ₹23.26
  • Fund Size ₹83.51 Cr

Fund Return 46.68%

Category Return 41.58%

HSBC Flexi Cap Fund Growth Direct

Very High Risk

  • Category Rank 9Out of 33
  • NAV ₹208.31
  • Fund Size ₹4,199.70 Cr

Fund Return 45.28%

Category Return 41.58%

Edelweiss Flexi Cap Fund Direct Growth

Very High Risk

  • Category Rank 10Out of 33
  • NAV ₹37.55
  • Fund Size ₹1,690.09 Cr

Fund Return 45.09%

Category Return 41.11%

HDFC Flexi Cap Fund -Direct Plan - Growth Option

Very High Risk

  • Category Rank 11Out of 33
  • NAV ₹1,787.06
  • Fund Size ₹50,839.90 Cr

Fund Return 44.71%

Category Return 41.58%

ICICI Prudential Flexicap Fund Direct Growth

Very High Risk --

  • Category Rank 12Out of 33
  • NAV ₹16.94
  • Fund Size ₹14,571.31 Cr

Fund Return 44.66%

Category Return 41.58%

WhiteOak Capital Flexi Cap Fund Direct Growth

Very High Risk --

  • Category Rank 13Out of 33
  • NAV ₹14.92
  • Fund Size ₹3,237.34 Cr

Fund Return 44.40%

Category Return 41.58%

Nippon India Flexi Cap Fund Direct Growth

Very High Risk --

  • Category Rank 14Out of 33
  • NAV ₹15.59
  • Fund Size ₹6,306.47 Cr

Fund Return 43.52%

Category Return 41.58%

Baroda BNP Paribas Flexi Cap Fund Direct Growth

Very High Risk --

  • Category Rank 15Out of 33
  • NAV ₹14.38
  • Fund Size ₹1,254.23 Cr

Fund Return 43.17%

Category Return 41.58%

Taurus Flexi Cap Fund - Direct Plan-Growth Option

Very High Risk

  • Category Rank 16Out of 33
  • NAV ₹220.16
  • Fund Size ₹329.48 Cr

Fund Return 42.64%

Category Return 41.58%

Mahindra Manulife Flexi Cap Fund Direct Growth

Very High Risk --

  • Category Rank 17Out of 33
  • NAV ₹15.29
  • Fund Size ₹1,232.22 Cr

Fund Return 41.54%

Category Return 41.58%

Union Flexi Cap Fund Direct Growth Option

Very High Risk

  • Category Rank 18Out of 33
  • NAV ₹50.44
  • Fund Size ₹1,986.67 Cr

Fund Return 41.17%

Category Return 41.58%

Parag Parikh Flexi Cap Direct Growth

Very High Risk

  • Category Rank 19Out of 33
  • NAV ₹76.99
  • Fund Size ₹60,559.43 Cr

Fund Return 40.30%

Category Return 41.58%

Aditya Birla Sun Life Flexi Cap Fund Direct Plan Growth

Very High Risk

  • Category Rank 20Out of 33
  • NAV ₹1,706.37
  • Fund Size ₹19,967.06 Cr

Fund Return 40.00%

Category Return 41.58%

Tata Flexi Cap Fund Direct Growth

Very High Risk

  • Category Rank 21Out of 33
  • NAV ₹22.96
  • Fund Size ₹2,641.58 Cr

Fund Return 39.56%

Category Return 41.58%

Bandhan Flexi Cap Fund-Direct Plan-Growth

Very High Risk

  • Category Rank 22Out of 33
  • NAV ₹198.54
  • Fund Size ₹6,807.21 Cr

Fund Return 38.66%

Category Return 41.58%

Kotak Flexicap Fund Direct Growth

Very High Risk

  • Category Rank 23Out of 33
  • NAV ₹82.46
  • Fund Size ₹45,911.90 Cr

Fund Return 37.86%

Category Return 41.58%

Mirae Asset Flexi Cap Fund Direct Growth

Very High Risk --

  • Category Rank 24Out of 33
  • NAV ₹13.88
  • Fund Size ₹1,699.82 Cr

Fund Return 35.60%

Category Return 41.58%

LIC MF Flexi Cap Fund Direct Plan Growth Option

Very High Risk

  • Category Rank 25Out of 33
  • NAV ₹96.24
  • Fund Size ₹942.29 Cr

Fund Return 35.55%

Category Return 41.58%

Axis Flexi Cap Fund Direct Growth

Very High Risk

  • Category Rank 26Out of 33
  • NAV ₹24.99
  • Fund Size ₹11,670.37 Cr

Fund Return 34.94%

Category Return 41.58%

Canara Robeco Flexi Cap Fund Direct Plan Growth Option

Very High Risk

  • Category Rank 27Out of 33
  • NAV ₹324.01
  • Fund Size ₹12,068.45 Cr

Fund Return 33.65%

Category Return 41.11%

Sundaram Flexi Cap Fund Direct Growth

Very High Risk --

  • Category Rank 28Out of 33
  • NAV ₹13.25
  • Fund Size ₹2,084.21 Cr

Fund Return 33.25%

Category Return 41.58%

Navi Flexi Cap Fund Direct Growth

Very High Risk

  • Category Rank 29Out of 33
  • NAV ₹23.22
  • Fund Size ₹243.97 Cr

Fund Return 31.70%

Category Return 41.58%

SBI Flexicap Fund Direct Growth

Very High Risk

  • Category Rank 30Out of 33
  • NAV ₹109.80
  • Fund Size ₹20,283.05 Cr

Fund Return 31.69%

Category Return 41.58%

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 mutual fund is best to invest now in India? ›

In the small-cap category, the top-performing mutual funds in terms of five-year returns as of now are Quant Small Cap Fund with a return of 40.66%, followed by Bank of India Small Cap Fund at 33.79%, and Nippon India Small Cap Fund at 32.03%.

Keep Reading ›
What are the top 5 performing mutual funds? ›

Best-performing U.S. equity mutual funds
TickerName5-year return (%)
VQNPXVanguard Growth & Income Inv13.65%
USSPXVictory 500 Index Member13.60%
MAEIXMoA Equity Index Fund13.40%
BSPSXiShares S&P 500 Index Service13.33%
3 more rows
May 1, 2024

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

Here are 5 mutual fund schemes with highest 3-year returns along with their expense ratios: 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.

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Which is best platform for MF investment? ›

Best Mutual Funds App You Might Want to Invest in 2024
  • Zerodha Mutual Fund App.
  • Groww.
  • ET Money App for Mutual Funds.
  • Paytm Money App for Mutual Funds.
  • Kuvera App for Mutual Funds.
  • myCAMS App for Mutual Funds.
  • 5Paisa.
  • Piggy- Mutual Funds App.
Mar 26, 2024

Get More Info ›
Which mutual fund rank 1 in india? ›

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

Read More ›
What is a 5 star rating in mutual funds? ›

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.

Discover More ›
What is the highest paying mutual fund? ›

7 Best High-Dividend Mutual Funds
FundExpense Ratio30-day SEC Yield
JPMorgan Equity Premium Income Fund (JEPAX)0.85%6%
Fidelity Floating Rate High Income Fund (FFRHX)0.72%8.8%
Baird Intermediate Bond Fund (BIMSX)0.55%4.2%
PGIM High Yield Fund (PBHAX)0.75%7.2%
3 more rows
Mar 22, 2024

Explore More ›
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

Discover More ›
What is the oldest best performing mutual fund? ›

Check out the UTI Mutual Funds AMC Page
Fund NameInception DateAnnualized Returns
Tata Large & Mid Cap Fund (G)31/3/0322.53%
SBI Large & Mid Cap Fund (D)31/3/9716.24%
Franklin India Bluechip Fund (G)1/12/9320.14%
Franklin India Prima Fund (G)1/12/9319.64%
3 more rows

Read More ›
Which is the safest mutual fund? ›

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

Learn More ›

Which SIP gives 30% return? ›

HDFC Mid-Cap Opportunities Fund, the largest scheme in the mid cap category based on assets managed, offered 30.52%. SBI Contra Fund, the only contra fund in the list, offered 32.21% in five years. A monthly SIP investment of Rs 10,000 in these 23 equity schemes would have grown to Rs 12.49-17.94 lakh.

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What is a very high risk mutual fund? ›

High-risk mutual funds are those that invest in stocks or equity that have a higher risk of losing value. These funds are also known as equity funds or growth funds. They are designed for investors who are willing to take on more risk in exchange for the potential of higher returns.

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How to choose best mf in india? ›

To choose a mutual fund, define your investment objectives (e.g., retirement, education, wealth creation), choose a fund category (equity, debt, hybrid) based on your risk appetite, and evaluate historical returns, expense ratios, and fund managers.

Learn More Now ›
Which type of MF is best for long term? ›

For long term investments, consider equity funds as they offer the potential for the best returns. Choosing a growth mutual fund option can help you achieve your long-term goals as your returns will grow through compounding over time.

Keep Reading ›
Which MF is best for beginners? ›

List of the Best Mutual Funds for Beginners
Fund NameSub CategoryExpense Ratio (%)
SBI Tax Advantage Fund-IIIEquity Linked Savings Scheme (ELSS)0.00
Quant ELSS Tax Saver FundEquity Linked Savings Scheme (ELSS)0.76
Nippon India Small Cap FundSmall Cap Fund0.80
Axis Small Cap FundSmall Cap Fund0.53
4 more rows
Mar 28, 2024

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Which sip gives the highest return? ›

Equity Hybrid Debt Solution Oriented Others Filter
Scheme NamePlan1Y
HDFC Top 100 Fund - Direct Plan - GrowthDirect Plan15.79%
HSBC Large Cap Fund - Direct Plan - GrowthDirect Plan15.60%
Kotak Bluechip Fund - Direct Plan - GrowthDirect Plan14.95%
Union Largecap Fund - Direct Plan - GrowthDirect Plan14.88%
29 more rows

Get More Info ›
Is it safe to invest in mutual funds in India now? ›

Mutual funds are regulated by SEBI (Securities and Exchange Board of India), adding a layer of safety via implementing mandatory guidelines and safeguarding policies. Mutual funds are obligated to disclose their portfolio holdings and performance regularly, ensuring transparency.

Read More ›
Which is the best mutual fund to invest in India 2024? ›

Best Mutual Funds in India in 2024 (as per 3Y Returns)
Fund CategoryTop-performing Funds (as per 3Y return)3Y Return (Annualised)
EquityAditya Birla Sun Life PSU Equity Fund Direct-Growth48.50%
SBI PSU Direct Plan-Growth45.50%
ICICI Prudential Infrastructure Direct Growth43.77%
HDFC Infrastructure Direct Plan-Growth42.95%
12 more rows
May 2, 2024

Learn More Now ›

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