Live Data
Nifty 50 (1Y)+18.2%
Top ELSS (3Y)22.4%
Top Index Fund ER0.10%
Min SIP₹500
ITR deadline31 Jul

Best Mutual Funds in India

Compare mutual funds by returns, expense ratio, and risk grade. Ranked by real performance — not what pays us most.

40+ AMCsNAV daily
All FundsEquityDebtHybridIndexELSSLarge CapMid CapSmall CapFlexi Cap

Equity Funds

Higher returns, higher risk

Debt Funds

Stable returns, lower risk

Hybrid Funds

Mix of equity + debt

Index Funds

Low cost, market returns

Risk

JPMorgan India Mid and Small Cap Fund - Direct Plan - Growth Option

Small CapJPMorgan Mutual Fund
Very High3.82%32.1%0%0%Details →

Invesco India Midcap Fund - Direct Plan - Growth Option

Flexi CapInvesco Mutual Fund
Very High13.26%27.43%23.88%0%Details →

HSBC Small Cap Equity Fund - Growth Direct

Small CapHSBC Mutual Fund
Very High-8.76%25.61%7.63%0%Details →

Principal Emerging Bluechip Fund - Direct Plan - Growth Option

Large CapPrincipal Mutual Fund
Very High39.17%23.07%20.28%0%Details →

HDFC Flexi Cap Fund - Growth Option - Direct Plan

Flexi CapHDFC Mutual Fund
Very High14.83%22.91%24.12%0%Details →

Kotak Midcap Fund - Direct Plan - Growth

Flexi CapKotak Mahindra Mutual Fund
Very High9.81%22.59%22.7%0%Details →
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Popular Comparisons

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Index Funds vs Active Funds

10 years of data — when does active actually win?

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ELSS vs PPF vs NPS

Best tax-saving investment under 80C

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Large Cap vs Flexi Cap

Stability vs growth — which to choose?

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Direct vs Regular Plans

How much do distributor fees actually cost you?

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SIP vs Lump Sum

Timing the market vs time in the market

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Debt Funds vs FDs

After-tax returns compared across tenures

How We Rate

40+

AMCs tracked

Across equity, debt, hybrid, and thematic categories

5

Return periods

1yr, 3yr, 5yr, 7yr, and 10yr returns compared

Daily

NAV updates

Net Asset Value refreshed every market day

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Paid placements

No AMC pays for higher ranking. Editorial is independent.

We evaluate funds on returns (1-10yr), expense ratio, Sharpe ratio, fund manager consistency, AUM stability, and category rank. When you invest through our links, we may earn a commission. This never influences ratings. Methodology disclosed → · How we make money →

Frequently Asked Questions

What is the best mutual fund to invest in India?
It depends on your goals and risk tolerance. For long-term wealth creation, index funds tracking Nifty 50 have averaged 12% annual returns. For tax saving, ELSS funds offer Section 80C deduction up to ₹1.5L. For stability, debt funds or hybrid funds are better.
Is SIP better than lump sum investment?
SIP reduces timing risk through rupee cost averaging — you buy more units when prices are low. Lump sum works better in consistently rising markets. For most investors, monthly SIP is the recommended approach as it builds discipline.
How are mutual funds taxed in India?
Equity funds held >1 year: LTCG above ₹1.25L taxed at 12.5%. Short-term (<1yr): 20%. Debt funds: taxed at your income tax slab rate regardless of holding period. ELSS qualifies for 80C deduction up to ₹1.5L with a 3-year lock-in.
What is expense ratio and why does it matter?
Expense ratio is the annual fee charged by the fund house for managing your money. A 1% vs 0.1% difference means lakhs over 20 years. Index funds typically have the lowest ratios (0.1-0.5%). Always compare expense ratios within the same category.
How do I choose between direct and regular plans?
Direct plans have 0.5-1% lower expense ratios (no distributor commission) and deliver higher returns over time. Regular plans include distributor fees. The fund itself is identical — only the fee structure differs. We always recommend direct plans.
What does "risk grade" mean for mutual funds?
SEBI mandates risk labels: Low, Low to Moderate, Moderate, Moderately High, High, Very High. This is based on the fund's portfolio volatility. Equity funds are typically High/Very High. Debt funds range from Low to Moderate. Match your risk grade to your investment horizon.
How does InvestingPro rate mutual funds?
We evaluate funds on returns across 5 time periods (1yr to 10yr), expense ratio, risk-adjusted performance (Sharpe ratio), fund manager track record, and AUM stability. Ratings update daily with NAV changes. No AMC pays for higher placement.

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SEBI regulatory notice

Regulated by Securities and Exchange Board of India.

Mutual funds in India are regulated by SEBI and managed by AMFI-registered AMCs. Fund performance, ratings, and expense ratios shown are sourced from AMFI / scheme information documents. Past performance is NOT indicative of future returns. NAV fluctuates with market conditions; capital is at risk.

Risk note: Mutual fund investments are subject to market risks. Read all scheme-related documents (SID/KIM) carefully before investing. We are NOT a SEBI-registered investment advisor (RIA); for personalised advice consult a registered advisor at sebi.gov.in.

InvestingPro is an independent comparison and education platform. We are NOT a SEBI-registered investment advisor, IRDAI-licensed insurance broker, or RBI-licensed lending intermediary. We may earn affiliate commission when you click through to a partner — see how we make money. For personalised advice consult a registered advisor.

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