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Best Mutual Funds by Category

Top Direct-Growth funds ranked by 1-year return, across flexi cap, large cap, mid cap, small cap, ELSS and index.

1

HSBC Flexi Cap Fund - Direct Growth

HSBC Mutual Fund · ₹5,278.84 Cr · Exp 0.89%

13.39%

2

quant Flexi Cap Fund - Growth Option-Direct Plan

quant Mutual Fund · ₹7,140.12 Cr · Exp 1.06%

12.69%

3

BANK OF INDIA Flexi Cap Fund Direct Plan -Growth

Bank of India Mutual Fund · ₹2,615.05 Cr · Exp 0.5%

11.91%

4

Navi Flexi Cap Fund - Direct Plan - Growth

Navi Mutual Fund · ₹232.10 Cr · Exp 0.51%

11.45%

5

BANDHAN Flexi Cap Fund-Direct Plan-Growth

Bandhan Mutual Fund · ₹6,651.14 Cr · Exp 0.93%

11.06%

6

Aditya Birla Sun Life Flexi Cap Fund - Growth - Direct Plan

Aditya Birla Sun Life Mutual Fund · ₹26,726.75 Cr · Exp 0.72%

9.46%

7

ITI Flexi Cap Fund- Direct Plan- Growth

ITI Mutual Fund · ₹1,412.22 Cr · Exp 0.97%

8.05%

8

LIC MF Flexi Cap Fund-Direct Plan-Growth

LIC Mutual Fund · ₹1,052.66 Cr · Exp 2.15%

7.75%

9

Franklin India Flexi Cap Fund - Direct - Growth

Franklin Templeton Mutual Fund · ₹19,597.86 Cr · Exp 0.75%

7.75%

10

Bajaj Finserv Flexi Cap Fund-Direct Plan-Growth

Bajaj Finserv Mutual Fund · ₹7,768.94 Cr · Exp 0.47%

5.09%

11

TRUSTMF Flexi Cap Fund-Direct Plan- Growth

Trust Mutual Fund · ₹976.22 Cr · Exp 0.64%

4.90%

12

Helios Flexi Cap Fund - Direct Plan - Growth Option

Helios Mutual Fund · ₹7,577.33 Cr · Exp 0.8%

4.73%

13

Mirae Asset Flexi Cap Fund - Direct Plan - Growth

Mirae Asset Mutual Fund · ₹4,262.03 Cr · Exp 0.43%

4.29%

14

Edelweiss Flexi Cap Fund - Direct Plan - Growth Option

Edelweiss Mutual Fund · ₹3,483.69 Cr · Exp 0.73%

4.01%

15

Baroda BNP Paribas Flexi Cap Fund - Direct Plan - Growth Option

Baroda BNP Paribas Mutual Fund · ₹1,239.40 Cr · Exp 0.85%

3.69%

Direct-Growth plans, ranked by 1-year return. Past performance doesn't guarantee future results.

Looking for the best mutual funds? This page ranks the top-performing Indian funds in each major category — flexi cap, large cap, mid cap, small cap, ELSS and index — by their 1-year return. We show only Direct-Growth plans, since those carry no distributor commission and are the fairest basis for comparison.

Returns are a starting point, not the whole story. The best long-term fund is usually one that's consistent across market cycles with a low expense ratio, rather than whichever name happens to top a single year. Click any fund to see its rolling returns, holdings, sector allocation and full NAV history before deciding.

For tax saving, ELSS funds qualify under Section 80C with a three-year lock-in. For steady core exposure, large-cap and index funds are popular; for higher growth potential (and higher risk), mid and small caps. Plan your investment amount with the SIP calculator. Past performance does not guarantee future returns — this is informational, not investment advice.

Frequently Asked Questions

How are the top funds ranked?

Funds are filtered to Direct-Growth plans (the ones most investors compare, as they carry no distributor commission) within each category, then ranked by their 1-year return. Rankings update daily.

Should I pick the fund with the highest return?

Not blindly. A one-year topper may have taken more risk or benefited from a favourable period. Look at consistency across time frames (rolling returns on each fund page), the expense ratio and whether the risk suits you — a slightly lower but steadier fund is often the better long-term choice.

What is the best category of mutual fund for me?

It depends on your goals and risk appetite. Large caps are steadier; mid and small caps are higher-risk, higher-potential; flexi caps go anywhere; ELSS funds save tax under Section 80C with a 3-year lock-in; index funds offer low-cost market returns. Match the category to your horizon.

Does past performance guarantee future returns?

No. Past returns are a useful input but not a promise — market conditions, fund manager changes and sector cycles all affect the future. Use rankings as a starting shortlist, then research each fund properly.

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