Best Mutual Funds in India in 2024

We all know that mutual funds are an ideal investment avenue for leveraging capital markets, offering a dynamic blend of equity, debt and hybrid funds. However, finding the right mutual funds can feel like searching for a needle in a haystack. Fear not, in this guide you will find the top mutual funds in India based on 3Y Return (Annualised) returns, carefully curated to help you find your way through multiple investment choices available in today’s financial landscape.

Best Mutual Funds in India in 2024 (as per 3Y Returns)

  • Equity

Aditya Birla Sun Life PSU Equity Fund Direct-Growth - 48.50%

SBI PSU Direct Plan-Growth - 45.50%

ICICI Prudential Infrastructure Direct Growth - 43.77%

HDFC Infrastructure Direct Plan-Growth - 42.95%

Quant Infrastructure Fund Direct-Growth - 42.86%

  • Debt

Aditya Birla Sun Life Medium Term Plan Direct-Growth - 12.99%

Bank of India Short-Term Income Fund Direct-Growth - 12.19%

UTI Credit Risk Fund Direct-Growth - 11.54%

UTI Dynamic Bond Fund Direct-Growth - 10.60%

Nippon India Strategic Debt Fund Direct-Growth - 9.75%

  • Hybrid

Quant Multi Asset Fund Direct-Growth - 30.72%

ICICI Prudential Equity & Debt Fund Direct-Growth - 27.58%

HDFC Balanced Advantage Fund Direct Plan-Growth - 27.08%

JM Aggressive Hybrid Fund Direct-Growth - 26.38%

Bank of India Mid & Small Cap Equity & Debt Fund Direct-Growth - 26.37%

*Our mutual fund selection criteria for top mutual funds listed above are mentioned at the bottom of this blog.

We all know that mutual funds are an ideal investment avenue for leveraging capital markets, offering a dynamic blend of equity, debt and hybrid funds. However, finding the right mutual funds can feel like searching for a needle in a haystack. Fear not, in this guide you will find the top mutual funds in India based on 3Y Return (Annualised) returns, carefully curated to help you find your way through multiple investment choices available in today’s financial landscape.

Best Mutual Funds in India in 2024 (as per 3Y Returns)

  • Equity

Aditya Birla Sun Life PSU Equity Fund Direct-Growth - 48.50%

SBI PSU Direct Plan-Growth - 45.50%

ICICI Prudential Infrastructure Direct Growth - 43.77%

HDFC Infrastructure Direct Plan-Growth - 42.95%

Quant Infrastructure Fund Direct-Growth - 42.86%

  • Debt

Aditya Birla Sun Life Medium Term Plan Direct-Growth - 12.99%

Bank of India Short-Term Income Fund Direct-Growth - 12.19%

UTI Credit Risk Fund Direct-Growth - 11.54%

UTI Dynamic Bond Fund Direct-Growth - 10.60%

Nippon India Strategic Debt Fund Direct-Growth - 9.75%

  • Hybrid

Quant Multi Asset Fund Direct-Growth - 30.72%

ICICI Prudential Equity & Debt Fund Direct-Growth - 27.58%

HDFC Balanced Advantage Fund Direct Plan-Growth - 27.08%

JM Aggressive Hybrid Fund Direct-Growth - 26.38%

Bank of India Mid & Small Cap Equity & Debt Fund Direct-Growth - 26.37%

*Our mutual fund selection criteria for top mutual funds listed above are mentioned at the bottom of this blog.

We all know that mutual funds are an ideal investment avenue for leveraging capital markets, offering a dynamic blend of equity, debt and hybrid funds. However, finding the right mutual funds can feel like searching for a needle in a haystack. Fear not, in this guide you will find the top mutual funds in India based on 3Y Return (Annualised) returns, carefully curated to help you find your way through multiple investment choices available in today’s financial landscape.

Best Mutual Funds in India in 2024 (as per 3Y Returns)

  • Equity

Aditya Birla Sun Life PSU Equity Fund Direct-Growth - 48.50%

SBI PSU Direct Plan-Growth - 45.50%

ICICI Prudential Infrastructure Direct Growth - 43.77%

HDFC Infrastructure Direct Plan-Growth - 42.95%

Quant Infrastructure Fund Direct-Growth - 42.86%

  • Debt

Aditya Birla Sun Life Medium Term Plan Direct-Growth - 12.99%

Bank of India Short-Term Income Fund Direct-Growth - 12.19%

UTI Credit Risk Fund Direct-Growth - 11.54%

UTI Dynamic Bond Fund Direct-Growth - 10.60%

Nippon India Strategic Debt Fund Direct-Growth - 9.75%

  • Hybrid

Quant Multi Asset Fund Direct-Growth - 30.72%

ICICI Prudential Equity & Debt Fund Direct-Growth - 27.58%

HDFC Balanced Advantage Fund Direct Plan-Growth - 27.08%

JM Aggressive Hybrid Fund Direct-Growth - 26.38%

Bank of India Mid & Small Cap Equity & Debt Fund Direct-Growth - 26.37%

*Our mutual fund selection criteria for top mutual funds listed above are mentioned at the bottom of this blog.

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