Live Data

Nifty 50 (1Y)+18.2%

Top ELSS (3Y)22.4%

Top Index Fund ER0.10%

Min SIP₹500

ITR deadline31 Jul

Data · Apr 2026

Best Mutual Funds in India

Q: What is the best mutual fund to invest in India?

For long-term wealth, Nifty 50 index funds have averaged 12% returns. For tax saving, ELSS funds offer 80C deduction up to ₹1.5L.

Q: Is SIP better than lump sum?

SIP reduces timing risk through rupee cost averaging. Lump sum works better in rising markets. For most investors, SIP is recommended.

Q: How are mutual funds taxed in India?

Equity: LTCG above ₹1.25L taxed at 12.5% (held >1yr). Debt: taxed at slab rate. ELSS qualifies for 80C.

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

40+ AMCsNAV daily

All Funds Equity Debt Hybrid Index ELSS Large Cap Mid Cap Small Cap

Equity Funds

Higher returns, higher risk

Debt Funds

Stable returns, lower risk

Hybrid Funds

Mix of equity + debt

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Every AMC, every category. Equity, debt, hybrid, index, ELSS. Filter by NAV, 5y CAGR, expense ratio. Direct + regular plans flagged.

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Popular Comparisons

Head to head

Index Funds vs Active Funds

10 years of data — when does active actually win?

Head to head

ELSS vs PPF vs NPS

Best tax-saving investment under 80C

Head to head

Large Cap vs Flexi Cap

Stability vs growth — which to choose?

Head to head

Direct vs Regular Plans

How much do distributor fees actually cost you?

Head to head

SIP vs Lump Sum

Timing the market vs time in the market

How we rate mutual funds · AMFI universe · 5 return horizons · ₹0 paid placementsRead full methodology →

Editorial — read first

In-depth mutual-fund reviews

JPMorgan Mutual Fund

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

5.0 / 5

Invesco Mutual Fund

Invesco India Midcap Fund - Direct Plan - Growth Option Review

5-yr CAGR 23.9% · expense ratio —%

Before you invest

Decision guides — tax, comparisons + alternatives

Tax

Budget 2024 LTCG + STCG decoded — applies to MFs

STCG 15→20%, LTCG 10→12.5%, ₹1.25L exemption + pre/post-July-23-2024 split for equity MF sales.

Read guide →

Compare

FD vs debt MF vs arbitrage fund (post-2023)

Finance Act 2023 killed debt MF indexation. Arbitrage funds now win for 30%-bracket investors.

Read guide →

Liquidity

Loan against MF vs redemption — 3-year math

₹15L portfolio + ₹5L need: LAMF wins by ₹37K if equity 12%. 4 win-scenarios each side.

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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.

Flexi Cap

Index Funds

Low cost, market returns

Head to head

Debt Funds vs FDs

After-tax returns compared across tenures

5.0 / 5

HSBC Mutual Fund

HSBC Small Cap Equity Fund - Growth Direct Review

5-yr CAGR 7.6% · expense ratio —%

5.0 / 5

Principal Mutual Fund

Principal Emerging Bluechip Fund - Direct Plan - Growth Option Review

5-yr CAGR 20.3% · expense ratio —%

4.8 / 5

HDFC Mutual Fund

HDFC Flexi Cap Fund - Growth Option - Direct Plan Review

5-yr CAGR 24.1% · expense ratio —%

4.7 / 5

Kotak Mahindra Mutual Fund

Kotak Midcap Fund - Direct Plan - Growth Review

5-yr CAGR 22.7% · expense ratio —%

4.7 / 5

Aditya Birla Sun Life Mutual Fund

Aditya Birla Sun Life Midcap Fund - Growth - Direct Plan Review

5-yr CAGR 20.7% · expense ratio —%

4.7 / 5

HDFC Mutual Fund

HDFC ELSS Tax saver - Growth Option - Direct Plan Review

5-yr CAGR 21.9% · expense ratio —%

4.7 / 5

» See all mutual-fund reviews

Child corpus

SSY vs PPF vs ELSS for ₹70L girl-child corpus

Age-by-age allocation strategy + SSY's 1% rate edge + full EEE status math.

Read guide →

Reality

ULIP vs Term + MF — the 20-year wealth math

Term insurance + MF SIP beats ULIP by ₹20-25L on ₹1L/yr × 20 yrs. Section 10(10D) ₹2.5L trap.

Read guide →

Real return

After-tax + after-CPI math nobody publishes

Why FDs lose money in real terms for 30%-bracket investors. Where MF + Arbitrage win.

Read guide →

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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Investing tools

This Week in Indian Money

What changed. What it means.

Updated weekly

Deadline·22 Apr 2026
Capital gains filing window closes 31 July
LTCG above ₹1.25L now taxed at 12.5%. AY2026-27 statements available in CAMS.
News·19 Apr 2026
Nippon India Small Cap gates fresh inflows
Third AMC this year to stop SIP acceptance in small-cap. Signals stretched valuations — SEBI may mandate restrictions.
Source: SEBI MF statistics
Rate Change·16 Apr 2026
Nifty 50 Index fund expense ratios compressed to 0.10%
UTI and Navi undercut on direct plan — lowest ever for an Indian index fund.
Policy·15 Apr 2026
SEBI mandates flexible SIP increase for existing investors
All AMCs must allow SIP top-ups without creating new folio — rolls out from June 1.
Source: SEBI circular

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Editorial

The latest in mutual funds

Mutual Funds · 15 May 2026

How to Invest in Indian Mutual Funds from Singapore {{now.year}}: NRI Guide

Singapore-based NRIs can freely invest in Indian mutual funds via NRE/NRO accounts. Best AMCs, tax treatment (Singapore territorial system favours this), Direct Plan setup via MFUtility, DTAA rate reduction via IRAS TRC, and currency math comparing INR MFs vs Singapore-domiciled funds. ~12-15% CAGR potential.