Largest Mutual Funds in India (by AUM)
Updated September 2026 · 25 active funds · data from AMFI NAVs
Funds ranked by assets under management (AUM). Size signals popularity and, for some categories, liquidity - but a larger fund is not automatically a better one, and very large small-cap funds can find it harder to deploy money nimbly. AUM here is sourced where disclosed; coverage varies by AMC. Use it as context alongside returns, risk and cost rather than as a ranking of quality.
| # | Scheme | 1Y | 3Y | 5Y | Sharpe | Max DD | TER | AUM |
|---|---|---|---|---|---|---|---|---|
| 1 | SBI Nifty 50 ETF SBI | -6.06% | +6.74% | +6.51% | 0.33 | -16.5% | - | ₹210.8K Cr |
| 2 | Parag Parikh Flexi Cap Fund PPFAS | -3.45% | +12.77% | +11.14% | 0.76 | -17.9% | 0.71% | ₹133.4K Cr |
| 3 | SBI BSE SENSEX ETF SBI | -8.05% | +4.97% | +5.44% | 0.27 | -16.1% | - | ₹120.7K Cr |
| 4 | HDFC Balanced Advantage Fund HDFC | -0.70% | +11.03% | +14.14% | 0.90 | -10.2% | 0.77% | ₹106.0K Cr |
| 5 | HDFC Flexi Cap Fund HDFC | -0.32% | +15.44% | +16.54% | 0.98 | -13.3% | 0.78% | ₹97.4K Cr |
| 6 | HDFC Mid Cap Fund HDFC | +6.12% | +16.77% | +18.34% | 1.00 | -17.0% | 0.76% | ₹91.6K Cr |
| 7 | SBI EQUITY HYBRID FUND SBI | +2.94% | +11.90% | +9.31% | 0.55 | -12.7% | 0.78% | ₹81.2K Cr |
| 8 | ICICI Prudential Multi - Asset Fund ICICI Prudential | +3.14% | +14.18% | +15.56% | 1.26 | -9.5% | 0.80% | ₹80.6K Cr |
| 9 | ICICI Prudential Large Cap Fund (erstwhile Bluechip Fund) ICICI Prudential | -5.15% | +10.44% | +10.44% | 0.61 | -15.4% | 1.06% | ₹76.2K Cr |
| 10 | Kotak Arbitrage Fund Kotak Mahindra | +6.84% | +7.52% | +6.93% | - | -0.3% | - | ₹70.8K Cr |
| 11 | ICICI Prudential Balanced Advantage Fund ICICI Prudential | +3.65% | +10.98% | +10.49% | 0.77 | -8.2% | 1.08% | ₹70.1K Cr |
| 12 | UTI Nifty 50 ETF UTI | -6.04% | - | - | - | - | - | ₹68.4K Cr |
| 13 | Nippon India Small Cap Fund Nippon India | +9.62% | +15.73% | +18.67% | 0.92 | -24.2% | 0.65% | ₹66.1K Cr |
| 14 | HDFC Liquid Fund HDFC | +6.49% | +6.92% | +6.34% | - | -0.0% | 0.20% | ₹66.1K Cr |
| 15 | SBI Liquid Fund SBI | +6.48% | +6.90% | +6.33% | - | -0.0% | 0.20% | ₹65.3K Cr |
| 16 | ICICI Prudential Value Fund (erstwhile Value Discovery Fund) ICICI Prudential | -5.31% | +11.39% | +13.78% | 0.85 | -14.0% | 1.10% | ₹59.9K Cr |
| 17 | Kotak Midcap Fund Kotak Mahindra | +4.80% | +17.23% | +16.30% | 0.84 | -20.9% | - | ₹59.2K Cr |
| 18 | Aditya Birla Sun Life Liquid Fund Aditya Birla Sun Life | +6.57% | +7.00% | +6.43% | - | -0.0% | - | ₹57.2K Cr |
| 19 | Nippon India ETF Nifty 50 BeES Nippon India | -6.05% | +6.75% | +6.53% | 0.33 | -16.4% | - | ₹57.1K Cr |
| 20 | Kotak Flexicap Fund Kotak Mahindra | -1.28% | +11.31% | +10.18% | 0.52 | -17.8% | - | ₹55.5K Cr |
| 21 | SBI Large Cap FUND SBI | -0.96% | +9.06% | +8.52% | 0.46 | -16.4% | 0.88% | ₹54.1K Cr |
| 22 | ICICI Prudential Liquid Fund ICICI Prudential | +6.49% | +6.94% | +6.35% | - | -0.0% | 0.20% | ₹54.0K Cr |
| 23 | Nippon India ETF Gold BeES Nippon India | +32.29% | +35.29% | +25.43% | 0.95 | -22.3% | - | ₹53.3K Cr |
| 24 | UTI BSE Sensex ETF UTI | -8.02% | +4.98% | +5.45% | 0.27 | -16.1% | - | ₹53.2K Cr |
| 25 | Nippon India Large Cap Fund Nippon India | -4.66% | +10.76% | +12.40% | 0.73 | -15.4% | 0.69% | ₹50.1K Cr |
Ranked by Assets Under Management (highest first), on funds with that metric available. Returns, Sharpe, drawdown and TER are computed independently from AMFI NAVs - see methodology. No paid placement.