Top 20 Mutual Funds with Highest Return in July 2026

Fund Name	3 Year Return	3 Year Category Average
HDFC Corporate Bond Fund Direct (G)	7.6%	NA
BHARAT Bond FOF - April 2031 Direct (G)	7.8%	NA
Kotak US Specific Equity Passive FoF Direct (G)	31.7%	NA
HDFC Floating Rate Debt Fund Direct (G)	7.9%	NA
HDFC Gold ETF Fund of Fund Direct (G)	32.9%	NA
Nippon India Arbitrage Fund Direct (G)	7.5%	NA
BHARAT Bond ETF FOF - April 2032 Direct (G)	7.9%	NA
Parag Parikh Flexi Cap Fund Direct (G)	15.1%	NA
HDFC Overnight Fund Direct (G)	6.1%	NA
ICICI Prudential Liquid Fund Direct (G)	7.0%	NA
ICICI Prudential Large Cap Fund Direct (G)	13.7%	NA
Aditya Birla Sun Life Savings Fund Direct (G)	7.5%	NA
Aditya Birla Sun Life Money Manager Fund Direct (G)	7.4%	NA
HDFC Flexi Cap Fund Direct (G)	18.1%	NA
DSP ELSS Tax Saver Fund Direct (G)	16.6%	NA
Kotak Gold Fund Direct (G)	33.1%	NA
SBI ELSS Tax Saver Fund Direct (G)	18.2%	NA
HDFC Large and Mid Cap Fund Direct (G)	16.6%	NA
BHARAT Bond FOF - April 2030 Direct (G)	7.6%	NA
ICICI Prudential US Bluechip Equity Fund Direct (G)	14.2%	NA

Note: *NA implies that Fund is relatively new. Not enough data available.

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Top 10 Mutual Funds with Highest Return in July 2026

Below are the Top 20 Mutual Funds with Highest Return in india:

1 . HDFC Corporate Bond Fund Direct (G)

HDFC Corporate Bond Fund Direct (G) is a Debt fund that has delivered a 1 Year return of 5.2% , a 3 Years return of 7.6% and a 5 Years return of 6.6% . The fund has an expense ratio of 0.4% and an AUM of ₹ 30721 crores as of 2026-07-13. It was Launched on 2013-01-01. The minimum lump sum investment is ₹5000.

2 . BHARAT Bond FOF - April 2031 Direct (G)

BHARAT Bond FOF - April 2031 Direct (G) is a Debt fund that has delivered a 1 Year return of 5.6% , a 3 Years return of 7.8% and a 5 Years return of 6.7% . The fund has an expense ratio of 0.1% and an AUM of ₹ 4645 crores as of 2026-07-13. It was Launched on 2020-07-23. The minimum lump sum investment is ₹5000.

3 . Kotak US Specific Equity Passive FoF Direct (G)

Kotak US Specific Equity Passive FoF Direct (G) is a International Equity fund that has delivered a 1 Year return of 45.3% , a 3 Years return of 31.7% and a 5 Years return of 20.8% . The fund has an expense ratio of 0.2% and an AUM of ₹ 4588 crores as of 2026-07-13. It was Launched on 2021-02-02. The minimum lump sum investment is ₹5000.

4 . HDFC Floating Rate Debt Fund Direct (G)

HDFC Floating Rate Debt Fund Direct (G) is a Debt fund that has delivered a 1 Year return of 6.3% , a 3 Years return of 7.9% and a 5 Years return of 7.0% . The fund has an expense ratio of 0.3% and an AUM of ₹ 16452 crores as of 2026-07-13. It was Launched on 2013-01-01. The minimum lump sum investment is ₹5000.

5 . HDFC Gold ETF Fund of Fund Direct (G)

HDFC Gold ETF Fund of Fund Direct (G) is a Precious Metals fund that has delivered a 1 Year return of 46.3% , a 3 Years return of 32.9% and a 5 Years return of 23.2% . The fund has an expense ratio of 0.2% and an AUM of ₹ 11019 crores as of 2026-07-13. It was Launched on 2013-01-01. The minimum lump sum investment is ₹5000.

6 . Nippon India Arbitrage Fund Direct (G)

Nippon India Arbitrage Fund Direct (G) is a Debt fund that has delivered a 1 Year return of 6.6% , a 3 Years return of 7.5% and a 5 Years return of 6.7% . The fund has an expense ratio of 0.7% and an AUM of ₹ 16294 crores as of 2026-07-13. The minimum lump sum investment is ₹5000.

7 . BHARAT Bond ETF FOF - April 2032 Direct (G)

BHARAT Bond ETF FOF - April 2032 Direct (G) is a Debt fund that has delivered a 1 Year return of 6.0% and a 3 Years return of 7.9% . The fund has an expense ratio of 0.1% and an AUM of ₹ 4346 crores as of 2026-07-13. It was Launched on 2021-12-15. The minimum lump sum investment is ₹5000.

8 . Parag Parikh Flexi Cap Fund Direct (G)

Parag Parikh Flexi Cap Fund Direct (G) is a Equity fund that has delivered a 1 Year return of -1.6% , a 3 Years return of 15.1% and a 5 Years return of 14.5% . The fund has an expense ratio of 0.6% and an AUM of ₹ 143388 crores as of 2026-07-13. It was Launched on 2013-05-24. The minimum lump sum investment is ₹5000.

9 . HDFC Overnight Fund Direct (G)

HDFC Overnight Fund Direct (G) is a Debt fund that has delivered a 1 Year return of 5.3% , a 3 Years return of 6.1% and a 5 Years return of 5.6% . The fund has an expense ratio of 0.1% and an AUM of ₹ 9991 crores as of 2026-07-13. It was Launched on 2013-01-01. The minimum lump sum investment is ₹5000.

10 . ICICI Prudential Liquid Fund Direct (G)

ICICI Prudential Liquid Fund Direct (G) is a Debt fund that has delivered a 1 Year return of 6.3% , a 3 Years return of 7.0% and a 5 Years return of 6.2% . The fund has an expense ratio of 0.2% and an AUM of ₹ 58096 crores as of 2026-07-13. The minimum lump sum investment is ₹1000.