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Best Mutual Funds in India (by 5-Year Return)

Updated September 2026 · 25 active funds · data from AMFI NAVs

Indian equity funds ranked by 5-year CAGR from AMFI NAVs. A five-year window smooths out single-year luck better than a one-year table, but it still rewards whichever segment was in favour over the period and excludes funds younger than five years. Treat this as a starting screen, not a recommendation: check each fund's category, volatility and drawdown before drawing conclusions. No paid placement.

#Scheme1Y3Y5YSharpeMax DDTERAUM
1SBI PSU Fund
SBI
+5.18%+19.49%+23.40%0.87-24.1%0.91%₹6.1K Cr
2Aditya Birla Sun Life PSU Equity Fund
Aditya Birla Sun Life
+8.38%+18.77%+23.07%0.90-26.8%-₹5.7K Cr
3LIC MF Infrastructure Fund
LIC
+11.24%+24.36%+21.95%0.97-26.7%0.82%₹969 Cr
4DSP India T.I.G.E.R. Fund
DSP
+14.20%+20.63%+21.27%1.03-25.8%1.28%₹5.3K Cr
5ICICI Prudential Infrastructure Fund
ICICI Prudential
+2.58%+17.78%+21.13%1.10-19.1%1.27%₹8.0K Cr
6BANK OF INDIA Manufacturing & Infrastructure Fund
Bank of India
+18.96%+22.81%+20.99%1.00-24.2%0.77%₹669 Cr
7Invesco India PSU Equity Fund
Invesco
+0.32%+18.78%+20.92%0.81-29.8%0.93%₹1.5K Cr
8Nippon India Power & Infra Fund
Nippon India
+8.64%+18.84%+20.51%0.95-25.6%1.11%₹6.9K Cr
9Motilal Oswal Midcap Fund
Motilal Oswal
-0.11%+18.59%+20.42%1.01-28.9%1.18%₹34.4K Cr
10BANK OF INDIA Small Cap Fund
Bank of India
+27.91%+22.75%+20.11%0.89-27.1%0.61%₹1.9K Cr
11UTI - Transportation and Logistics Fund
UTI
+0.23%+18.19%+19.99%0.87-24.9%0.85%₹3.7K Cr
12Invesco India Smallcap Fund
Invesco
+16.74%+23.51%+19.91%0.97-23.4%0.46%₹9.4K Cr
13BANDHAN SMALL CAP FUND
Bandhan
+12.47%+25.19%+19.79%0.92-24.3%0.67%₹19.9K Cr
14Invesco India Midcap Fund
Invesco
+9.41%+23.55%+19.25%0.94-20.1%0.58%₹10.4K Cr
15quant Small Cap Fund
quant
+14.89%+18.06%+19.25%0.88-25.2%1.23%₹27.7K Cr
16HDFC Infrastructure Fund
HDFC
-2.12%+14.53%+19.24%0.90-21.3%1.34%₹2.4K Cr
17ITI Small Cap Fund
ITI
+21.81%+25.33%+19.22%0.81-29.2%0.75%₹2.7K Cr
18CANARA ROBECO INFRASTRUCTURE FUND
Canara Robeco
+1.62%+19.16%+19.16%0.96-23.3%1.19%₹896 Cr
19ICICI Prudential Manufacturing Fund
ICICI Prudential
+8.35%+19.96%+19.09%0.93-22.8%1.15%₹6.4K Cr
20quant Quantamental Fund
quant
+9.04%+15.67%+18.76%0.73-23.3%0.79%₹1.6K Cr
21Nippon India Small Cap Fund
Nippon India
+9.62%+15.73%+18.67%0.92-24.2%0.65%₹66.1K Cr
22SBI HEALTHCARE OPPORTUNITIES FUND
SBI
+23.13%+24.94%+18.65%0.86-18.2%1.04%₹4.0K Cr
23Invesco India Infrastructure Fund
Invesco
+5.67%+19.31%+18.60%0.85-26.6%0.88%₹1.3K Cr
24Kotak Infrastructure & Economic Reform Fund
Kotak Mahindra
+8.64%+16.82%+18.60%0.90-27.7%-₹2.3K Cr
25Motilal Oswal Large and Midcap Fund
Motilal Oswal
+7.62%+22.03%+18.54%0.86-26.1%0.86%₹14.8K Cr

Ranked by 5-Year CAGR (highest first), on funds with that metric available. Returns, Sharpe, drawdown and TER are computed independently from AMFI NAVs - see methodology. No paid placement.

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