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Top Mutual Fund Returns Comparison

Compare returns across India's top mutual fund categories. Past performance doesn't guarantee future returns, but it helps identify consistent performers.

📅 Last updated: April 2026 | Rates subject to change
Fund NameCategory1Y Return3Y Return5Y ReturnExpense Ratio
UTI Nifty 50 IndexIndex Fund14.2%12.8%15.1%0.18%
Mirae Asset Large CapLarge Cap15.8%14.2%16.3%0.53%
HDFC Mid Cap OpportunitiesMid Cap22.5%18.9%20.1%0.74%
SBI Small CapSmall Cap28.3%21.4%24.2%0.62%
Parag Parikh Flexi CapFlexi Cap16.2%15.8%18.5%0.63%
Mirae Asset ELSS Tax SaverELSS14.6%13.5%16.0%0.59%
Axis BluechipLarge Cap13.8%11.2%14.5%0.49%
Kotak Emerging EquityMid Cap20.1%17.5%19.8%0.48%
Nippon India Small CapSmall Cap30.1%24.8%26.3%0.68%
HDFC Balanced AdvantageHybrid12.5%13.2%14.8%0.73%
ICICI Pru Equity & DebtHybrid13.1%14.5%15.2%0.95%
SBI Liquid FundLiquid7.1%6.5%5.8%0.20%

* Rates are indicative and may vary based on individual profile. Please verify with the institution before applying.

How to Read This Comparison

  • Returns are annualized: 3Y return of 15% means the fund grew at 15% per year over 3 years (not total).
  • Compare within category: Don't compare a small cap fund's returns with a large cap fund. Risk levels are different.
  • Consistency matters: A fund delivering 14-16% every year is better than one delivering 30% one year and -10% the next.
  • Expense ratio impact: 0.5% higher expense ratio over 20 years costs ~10% of your final corpus. Choose lower when performance is similar.
  • Past performance disclaimer: These returns are historical and don't guarantee future performance. Use them as one input among many.

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Frequently Asked Questions

Which is the best mutual fund to invest in 2026?

There's no single best fund - it depends on your goals and risk appetite. For beginners: UTI Nifty 50 Index (low cost, market returns). For growth: Parag Parikh Flexi Cap (consistent outperformance). For tax saving: Mirae Asset ELSS. For stability: HDFC Balanced Advantage.

Are past mutual fund returns reliable for future?

Past returns indicate fund manager skill and consistency but don't guarantee future results. Look at: consistency across 3, 5, 10 years, performance across market cycles (bull and bear), and relative performance vs benchmark index. A fund consistently beating its benchmark is more reliable.

Should I invest in index funds or active funds?

Index funds work well for most investors: low cost (0.1-0.2% expense ratio), no fund manager risk, market-matching returns. Active funds can outperform but only if you choose well. A simple approach: 50% in Nifty 50 index + 50% in a good flexi-cap active fund.

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