The Top 10 High Return Mutual Funds in India You Can’t Ignore!

As an investor, there’s no denying that you look for mutual funds that can potentially deliver strong returns over time. While the performance of funds may vary across market cycles, only a handful of those names stand out with their consistent strategy over time. If you have been on the lookout for promising mutual fund schemes, check out our carefully curated picks.

This list covers a wide range of funds across different sectors and even precious metals, so that you can choose one that suits your investment strategy.

Best high-return mutual funds in India to invest in

Check out the top 10 high return mutual funds in India that returned around 20% or more in the last five years, recorded as of February 17, 2026.

1. Nippon Small Cap Fund

The Nippon Small Cap Fund invests in small-cap stocks with high growth potential. Investors who are comfortable with high volatility and are looking to create wealth in the long-term may consider this fund.

AUM: INR 67,641.50 crore
NAV: INR 169.0869
Expense ratio: 0.65%
5-Year return: 23.62%

2. Nippon India Growth Mid Cap Fund

This fund invests in growing companies in the mid-cap sector that have overcome their initial challenges in the small-cap stage. If you’re looking for growth and stability and are comfortable with moderate risk over time, this fund may suit your portfolio.

AUM: INR 43,982.50 crore
NAV: INR 4,315.0439
Expense ratio: 0.72%
5-Year return: 23.62%

3. SBI PSU Fund

Investors looking for exposure to public sector companies across different industries may choose the SBI PSU fund. This fund can help you capitalise on the potential value and turnaround opportunities in PSU stocks.

AUM: INR 6,545.08 crore
NAV: INR 36.7900
Expense ratio: 0.80%
5-Year return: 27.41%

4. Edelweiss Mid Cap Fund

This fund invests in emerging mid-cap businesses across different sectors. It is suitable for investors looking for exposure to companies in their expansion phase.

AUM: INR 14,355.20 crore
NAV: INR 110.9370
Expense ratio: 0.46%
5-Year return: 21.36%

5. ICICI Prudential Infrastructure Fund

Investors looking to capitalise on economic growth trends based on infrastructure may go for the ICICI Prudential Infrastructure Fund. This sectoral fund can give you exposure to India’s growing infrastructure.

AUM: INR 8,097.89 crore
NAV: INR 195.50
Expense ratio: 1.15%
5-Year return: 25.18%

6. HDFC Mid Cap Fund

The HDFC Mid Cap Fund invests in fundamentally strong companies in the mid-cap sector. It’s suitable for investors looking for disciplined growth with relatively stable performance.

AUM: INR 94,256.90
NAV: INR 204.0380
Expense ratio: 0.76%
5-Year return: 22.85%

7. SBI Gold Fund

If you’re looking for exposure to gold, the SBI Gold Fund would be a viable choice. It tracks the price of gold and helps investors stabilise their portfolio.

AUM: INR 15,700.40
NAV: INR 43.5121
Expense ratio: 0.24%
5-Year return: 24.92%

8. HDFC Silver ETF FoF Fund

This is one of the best-performing silver mutual funds through which you can gain exposure to silver. It is suitable for investors looking for opportunities beyond gold as they diversify into commodities.

AUM: INR 4,734.74 crore
NAV: INR 36.5056
Expense ratio: 0.23%
3-Year return: 44.62%
5-Year return: NIL

9. Invesco India Mid Cap Fund

This mid-cap fund has an underlying portfolio of growth-oriented stocks that also bring stability. Investors with a moderate risk profile looking for consistent growth may include this fund in their portfolio.

AUM: INR 10,771.90 crore
NAV: INR 195.0700
Expense ratio: 0.54%
5-Year return: 20.93%

10. HDFC Flexi Cap Fund

If you’re seeking exposure to all three segments, including large, small, and mid-caps through a single mutual fund scheme, choose the HDFC Flexi Cap Fund. It helps you with a balanced approach to equity investing with stable returns over the longer horizon.

AUM: INR 1,00,455 crore
NAV: INR 2,042.5680
Expense ratio: 0.70%
5-Year return: 19.52%

Conclusion

In this blog, we have curated some of the highest-return mutual funds in India. However, it’s important to diversify your portfolio across different sectors. A calculated approach, including equity funds, sectoral picks, and exposure to precious metals, can help you build a more resilient portfolio over time.