10 Best Mutual Funds in India

10 Best Mutual Funds in India

Are you ready to embark on a journey towards financial growth and stability? Investing in mutual funds is a smart way to make your hard-earned money work for you. But with countless options available, how do you choose the best mutual funds in India? Don’t worry; we’ve got you covered! In this blog post, we will unveil the top 10 mutual funds that have consistently outperformed the market and delivered impressive returns. So buckle up and get ready to discover the powerhouses of the Indian mutual fund industry!

10 Best Mutual Funds in India

1. Motilal Oswal Midcap Fund

10 Best Mutual Funds in India


Motilal Oswal Midcap Fund is a favored choice for investors seeking diversification into the potential of mid-cap companies in India. With a focus on stocks of mid-sized companies poised for growth, the fund employs a robust research-driven investment strategy.

Thorough analysis and due diligence by fund managers ensure the inclusion of high-quality stocks in the portfolio, contributing to its consistent returns. Notably, the fund maintains a low expense ratio, allowing investors to retain a larger share of their returns. Its track record of outperforming the benchmark index solidifies its position among the best mutual funds in India.

For investors willing to embrace slightly higher risk for potentially greater returns, Motilal Oswal Midcap Fund presents an enticing opportunity to capitalize on India’s expanding economy and thriving mid-cap segment.

2. Mirae Asset Large Cap Fund

best mutual funds in india


Mirae Asset Large Cap Fund is a preferred choice for investors seeking exposure to large-cap stocks in India, renowned for their stability and growth. The fund’s strength lies in its diversified portfolio, thoughtfully curated by the fund manager across various sectors to mitigate risk and enhance long-term return potential.

Backed by a proven track record, Mirae Asset consistently delivers competitive returns, even in volatile market conditions, thanks to its rigorous research process and active management approach. The transparency the fund maintains, evident in detailed reports on holdings and performance, further empowers investors to make informed decisions.

Mirae Asset Large Cap Fund stands out as a compelling option for those looking to capitalize on the growth potential of large-cap Indian companies while enjoying the benefits of risk reduction through diversification.

3. Edelweiss Mid Cap Fund

Edelweiss Mid Cap Fund


Edelweiss Mid Cap Fund is a favored choice for investors aiming to capitalize on the potential of mid-sized companies in India, offering prospects for growth and higher returns. Notably, the fund’s seasoned management team has consistently demonstrated a keen ability to identify promising mid-cap companies, employing a bottom-up stock-picking approach emphasizing individual company analysis over macroeconomic trends.

Distinguishing itself with a diversified portfolio across sectors and industries, the fund strategically mitigates risk and reduces volatility. Investors value the fund’s disciplined investment process, focusing on companies with sustainable competitive advantages, strong management teams, and sound financials.

For those seeking potentially superior returns through quality mid-cap stocks, Edelweiss Mid Cap Fund presents itself as a compelling option, emphasizing the importance of individual research and risk consideration in making investment decisions.

4. SBI Nifty Index Fund

SBI Nifty Index Fund


The SBI Nifty Index Fund is a popular choice for investors looking for a passive investment option. As the name suggests, this fund aims to replicate the performance of the Nifty 50 index, which comprises India’s top 50 companies.

Investing in an index fund like the SBI Nifty Index Fund offers several advantages. First and foremost, it provides diversification across multiple sectors and companies, reducing risk compared to investing in individual stocks. Additionally, by tracking the performance of the Nifty 50 index, investors can benefit from the overall growth of India’s economy.

One key advantage of this fund is its low expense ratio, making it cost-effective for long-term investments. Furthermore, as an open-ended mutual fund scheme, investors have flexibility in terms of entry and exit points.

However, it’s important to note that since this is a passively managed fund, it does not aim to outperform or beat the market. Instead, its objective is to match the returns generated by the underlying index.

5. DSP Midcap Fund

DSP Midcap Fund


DSP Midcap Fund is a popular choice among investors looking to diversify their portfolio with mid-cap stocks. With its consistent performance over the years, this fund has proven to be a reliable option for those seeking long-term capital appreciation.

One of the key features of the DSP Midcap Fund is its focus on investing in companies that have the potential for growth and value creation. The fund managers carefully select stocks from various sectors, ensuring a well-balanced portfolio that can weather market volatility.

Another reason why investors choose DSP Midcap Fund is its track record of delivering above-average returns. Over the years, this fund has consistently outperformed benchmark indices and generated attractive returns for its investors.

DSP Midcap Fund offers investors an opportunity to participate in the growth potential of mid-cap companies while minimizing risk through active management strategies. It’s definitely worth considering if you’re looking to add some mid-cap exposure to your investment portfolio.

6. Axis Midcap Fund

Axis Midcap Fund


Axis Midcap Fund stands out as a top mutual fund choice in India, focusing on the potential rapid growth of mid-cap companies, promising attractive returns for investors. The fund’s experienced management team, well-versed in market dynamics, excels in identifying high-growth mid-cap stocks, ensuring consistent performance.

Noteworthy is its diversified portfolio, spanning various sectors to reduce concentration risk and enhance overall stability. Employing an active management strategy, Axis Midcap Fund aims to generate alpha through careful stock selection based on thorough research and analysis.

While offering retail investors a chance to participate in India’s mid-cap growth story, it’s essential to highlight that the fund may be better suited for those with a higher risk appetite. Renowned for delivering consistent returns, Axis Midcap Fund combines expert management and diversification, making it an appealing choice for investors seeking long-term capital appreciation without compromising on quality or risk management measures.

7. HSBC Midcap Fund

HSBC Midcap Fund


HSBC Midcap Fund is a favored choice for investors seeking diversification through mid-cap companies in India, renowned for their high growth potential. Notably, the fund’s experienced management team excels in identifying promising mid-cap stocks, providing investors access to opportunities often overlooked by larger institutional investors.

While offering the potential for higher returns compared to large-cap funds, investors should be mindful of increased risk. HSBC Midcap Fund strategically navigates market fluctuations, aiming for long-term capital appreciation by investing across diverse industries.

It’s crucial to emphasize that past performance doesn’t guarantee future results, necessitating thorough research and consultation with a financial advisor before making investment decisions. With its experienced management team and a focus on long-term capital appreciation, HSBC Midcap Fund emerges as a valuable option for investors seeking exposure to promising mid-sized Indian companies.

8. Franklin India Bluechip Fund

Franklin India Bluechip Fund


Franklin India Bluechip Fund is a reliable mutual fund choice for investors prioritizing stability and long-term growth, focusing on large-cap stocks for consistent returns. Notably, the fund’s diversified portfolio, expertly curated across various sectors, effectively mitigates risks and allows investors to benefit from the performance of multiple sectors.

Demonstrating a consistent track record of outperforming its benchmark index, the fund showcases the skill and expertise of its fund managers in selecting quality stocks. Investors can leverage the dividend reinvestment option for compounding, automatically reinvesting dividends for potentially higher overall returns.

Managed by Franklin Templeton Asset Management (India) Pvt Ltd., a leading mutual fund house, the fund adds an extra layer of credibility. Franklin India Bluechip Fund is a prudent choice for investors seeking stability and growth in their portfolios without compromising on potential returns.

9. Tata Equity PE Fund

Tata Equity PE Fund


Tata Equity PE Fund is one of the top mutual funds to consider when investing in India. This fund focuses on companies that have attractive valuations and potential for growth. It aims to generate long-term capital appreciation by investing primarily in a well-diversified portfolio of equity and equity-related securities.

The fund follows a disciplined investment approach backed by thorough research and analysis. It looks for companies with strong fundamentals, competent management teams, and sustainable business models. By targeting undervalued stocks, the Tata Equity PE Fund seeks to capitalize on opportunities that may provide higher returns over time.

Investing in this fund can offer investors exposure to a mix of large-cap, mid-cap, and small-cap stocks across various sectors. This diversification helps spread the risk while also providing the potential for significant upside gains.

With its experienced team of fund managers at the helm, Tata Equity PE Fund has consistently delivered competitive returns over the years. However, as with any investment option, it is important for investors to carefully evaluate their own financial goals and risk appetite before making any decisions.

Tata Equity PE Fund offers an opportunity for investors seeking long-term capital appreciation through a well-researched portfolio of undervalued stocks. Its disciplined investment approach combined with diversified holdings makes it an appealing choice among mutual funds available in India’s market.

10. Nippon India Large Cap Fund

Nippon India Large Cap Fund


Nippon India Large Cap Fund emerges as a prominent mutual fund option for investors aiming to capitalize on the potential of large-cap stocks in India. Notably, the fund’s experienced managers leverage their expertise to make informed investment decisions, considering company fundamentals, industry trends, and market conditions.

Following a disciplined investment approach, the fund prioritizes selecting quality stocks with growth potential, creating a diversified portfolio across sectors to reduce concentrated risk. Investors value the fund’s consistent performance track record, showcasing stability and delivering favorable returns over the years.

Additionally, Nippon India Large Cap Fund provides flexibility through both growth and dividend options, allowing investors to align their investment strategy with their financial goals. For those seeking a reliable large-cap mutual fund with potential substantial long-term returns, Nippon India Large Cap Fund stands as an excellent choice, emphasizing the importance of thorough research before making investment decisions.


Selecting the right mutual funds in India requires thorough research and consideration of financial goals. The ten funds highlighted in this article provide consistent returns and diverse investment opportunities. However, it’s essential to assess each fund’s performance, expense ratio, and risk factors before investing. Seeking guidance from a financial advisor tailored to your needs is advisable.

Keep in mind that past performance doesn’t guarantee future results. Regularly monitor and adjust investments based on market changes or personal circumstances. Mutual funds offer long-term wealth creation and portfolio diversification. Whether opting for mid-cap like Motilal Oswal or large-cap such as Mirae Asset or Nippon India, choices cater to various risk profiles.

Choosing the best fund depends on goals, risk tolerance, and preferences. Evaluate each option carefully, and consult a financial advisor for personalized advice. Remember, investing involves risk, so proceed thoughtfully. Start exploring these top-performing mutual funds today, and happy investing!


This article is only for informational purposes and should not be considered financial advice. Always do thorough research before making any investment decisions.

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