Top funds
Rated categories grouped by 3-year volatility, lowest to highest. Top 2 funds per category. Shortlisted funds go to New picks.
All equity funds carry SEBI's "Very High" riskometer label. Groups reflect past 3-year volatility only; differences between categories are small and individual funds vary. The split into thirds is not a published standard (details).
Lower risk
| fund | rating | 3y return | 3y volatility | 3y Sharpe | 3y rank | |
|---|---|---|---|---|---|---|
| Large Cap Fund · median 3y volatility 14.36% · 35 funds, as of 2026-10 | ||||||
| Invesco India Large Cap Fund - Direct Plan - Growth | ★★★★★ | 14.15% | 16.15% | 0.54 | 4th | |
| WhiteOak Capital Large Cap Fund - Direct Plan - Growth Option | ★★★★★ | 13.22% | 14.12% | 0.54 | 7th | |
| Dividend Yield Fund · median 3y volatility 14.82% · 12 funds, as of 2026-10 | ||||||
| LIC MF Dividend Yield Fund - Direct Plan - Growth | ★★★★★ | 17.62% | 18.42% | 0.66 | 1st | |
| ICICI Prudential Dividend Yield Fund - Direct Plan - Growth | ★★★★★ | 13.54% | 14.60% | 0.54 | 13th | |
| Focused Fund · median 3y volatility 15.39% · 28 funds, as of 2026-10 | ||||||
| Invesco India Focused Fund - Direct Plan - Growth | ★★★★★ | 21.31% | 18.17% | 0.84 | 1st | |
| ICICI Prudential Focused Fund - Direct Plan - Growth | ★★★★★ | 16.60% | 15.39% | 0.70 | 4th | |
| ELSS · median 3y volatility 15.45% · 37 funds, as of 2026-10 | ||||||
| Motilal Oswal ELSS Tax Saver Fund - Direct Plan - Growth | ★★★★★ | 19.60% | 22.20% | 0.65 | 1st | |
| WhiteOak Capital ELSS Tax Saver Fund - Direct Plan - Growth Option | ★★★★★ | 15.48% | 15.42% | 0.63 | 3rd | |
Medium risk
| fund | rating | 3y return | 3y volatility | 3y Sharpe | 3y rank | |
|---|---|---|---|---|---|---|
| Value Fund · median 3y volatility 15.45% · 24 funds, as of 2026-10 | ||||||
| Axis Value Fund - Direct Plan - Growth Option | ★★★★★ | 17.83% | 15.38% | 0.77 | 1st | |
| Quant Value Fund - Direct Plan - Growth Option | ★★★★★ | 18.94% | 21.98% | 0.63 | 10th | |
| Flexi Cap Fund · median 3y volatility 15.71% · 46 funds, as of 2026-10 | ||||||
| ITI Flexi Cap Fund - Direct Plan - Growth Option | ★★★★★ | 18.29% | 17.48% | 0.72 | 1st | |
| BANK OF INDIA FLEXI CAP FUND - Direct Plan - Growth | ★★★★★ | 18.11% | 18.83% | 0.67 | 3rd | |
| Contra Fund · median 3y volatility 16.16% · 5 funds, as of 2026-10 · not rated: needs 5 funds with 3y history (3 have it) | ||||||
Higher risk
| fund | rating | 3y return | 3y volatility | 3y Sharpe | 3y rank | |
|---|---|---|---|---|---|---|
| Large & Mid Cap Fund · median 3y volatility 16.26% · 37 funds, as of 2026-10 | ||||||
| Invesco India Large & Mid Cap Fund - Direct Plan - Growth | ★★★★★ | 21.34% | 18.88% | 0.81 | 1st | |
| Motilal Oswal Large and Midcap Fund - Direct Plan - Growth | ★★★★★ | 20.66% | 21.96% | 0.70 | 4th | |
| Multi Cap Fund · median 3y volatility 16.56% · 33 funds, as of 2026-10 | ||||||
| Axis Multicap Fund - Direct Plan - Growth Option | ★★★★★ | 18.83% | 16.27% | 0.79 | 1st | |
| WhiteOak Capital Multi Cap Fund - Direct Plan - Growth Option | ★★★★★ | 17.44% | 15.69% | 0.73 | 5th | |
| Mid Cap Fund · median 3y volatility 18.33% · 34 funds, as of 2026-10 | ||||||
| Invesco India Mid Cap Fund - Direct Plan - Growth | ★★★★★ | 21.88% | 20.17% | 0.80 | 1st | |
| WhiteOak Capital Mid Cap Fund - Direct Plan - Growth Option | ★★★★★ | 20.27% | 17.54% | 0.81 | 4th | |
| Small Cap Fund · median 3y volatility 20.11% · 37 funds, as of 2026-10 | ||||||
| BANDHAN Small Cap Fund - Direct Plan - Growth | ★★★★★ | 21.56% | 20.96% | 0.76 | 5th | |
| Invesco India Small Cap Fund - Direct Plan - Growth | ★★★★★ | 20.26% | 20.03% | 0.73 | 9th | |
Debt and hybrid funds are not covered. Past performance only.