Top 20 Mutual Funds with Highest Return in September 2026

Fund Name	3 Year Return	3 Year Category Average
Axis Liquid Fund Direct (G)	7.0%	NA
HDFC Corporate Bond Fund Direct (G)	7.0%	NA
Bandhan Income Plus Arbitrage Active FoF Direct (G)	7.3%	NA
Axis Overnight Fund Direct (G)	6.1%	NA
Kotak US Specific Equity Passive FoF Direct (G)	30.3%	NA
HDFC Gold ETF Fund of Fund Direct (G)	35.0%	NA
HDFC Floating Interest Rates Fund Direct (G)	7.5%	NA
HDFC Income Plus Arbitrage Active FoF Direct (G)	8.5%	NA
Nippon India Corporate Bond Fund Direct (G)	7.5%	NA
Nippon India Arbitrage Fund Direct (G)	7.3%	NA
Invesco India Small Cap Fund Direct (G)	22.1%	NA
Motilal Oswal Nasdaq 100 FOF Direct (G)	37.8%	NA
Aditya Birla Sun Life PSU Equity Fund Direct (G)	18.4%	NA
Parag Parikh Flexi Cap Fund Direct (G)	12.0%	NA
Aditya Birla Sun Life Money Market Fund Direct (G)	7.4%	NA
ICICI Prudential Large Cap Fund Direct (G)	9.3%	NA
Aditya Birla Sun Life Ultra Short Term Fund Direct (G)	7.5%	NA
Nippon India Growth Mid Cap Fund Direct (G)	17.3%	NA
UTI Healthcare Fund Direct (G)	23.1%	NA
Kotak Gold Fund Direct (G)	35.0%	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 September 2026

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

1 . Axis Liquid Fund Direct (G)

Axis Liquid Fund Direct (G) is a Debt fund that has delivered a 1 Year return of 6.6% , a 3 Years return of 7.0% and a 5 Years return of 6.4% . The fund has an expense ratio of 0.1% and an AUM of ₹ 63343 crores as of 2026-09-16. It was Launched on 2013-01-01. The minimum lump sum investment is ₹1000.

2 . HDFC Corporate Bond Fund Direct (G)

HDFC Corporate Bond Fund Direct (G) is a Debt fund that has delivered a 1 Year return of 4.6% , a 3 Years return of 7.0% and a 5 Years return of 6.2% . The fund has an expense ratio of 0.4% and an AUM of ₹ 30286 crores as of 2026-09-16. It was Launched on 2013-01-01. The minimum lump sum investment is ₹5000.

3 . Bandhan Income Plus Arbitrage Active FoF Direct (G)

Bandhan Income Plus Arbitrage Active FoF Direct (G) is a Debt fund that has delivered a 1 Year return of 6.0% , a 3 Years return of 7.3% and a 5 Years return of 6.2% . The fund has an expense ratio of 0.0% and an AUM of ₹ 1805 crores as of 2026-09-16. It was Launched on 2013-01-01. The minimum lump sum investment is ₹5000.

4 . Axis Overnight Fund Direct (G)

Axis 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 5.7% . The fund has an expense ratio of 0.1% and an AUM of ₹ 11325 crores as of 2026-09-16. It was Launched on 2019-03-15. The minimum lump sum investment is ₹5000.

5 . 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 33.0% , a 3 Years return of 30.3% and a 5 Years return of 19.7% . The fund has an expense ratio of 0.3% and an AUM of ₹ 4542 crores as of 2026-09-16. It was Launched on 2021-02-02. The minimum lump sum investment is ₹5000.

6 . 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 36.0% , a 3 Years return of 35.0% and a 5 Years return of 24.7% . The fund has an expense ratio of 0.2% and an AUM of ₹ 12359 crores as of 2026-09-16. It was Launched on 2013-01-01. The minimum lump sum investment is ₹5000.

7 . HDFC Floating Interest Rates Fund Direct (G)

HDFC Floating Interest Rates Fund Direct (G) is a Debt fund that has delivered a 1 Year return of 6.1% , a 3 Years return of 7.5% and a 5 Years return of 6.8% . The fund has an expense ratio of 0.3% and an AUM of ₹ 16133 crores as of 2026-09-16. It was Launched on 2013-01-01. The minimum lump sum investment is ₹5000.

8 . HDFC Income Plus Arbitrage Active FoF Direct (G)

HDFC Income Plus Arbitrage Active FoF Direct (G) is a Debt fund that has delivered a 1 Year return of 5.7% , a 3 Years return of 8.5% and a 5 Years return of 10.2% . The fund has an expense ratio of 0.0% and an AUM of ₹ 2626 crores as of 2026-09-16. It was Launched on 2013-01-01. The minimum lump sum investment is ₹5000.

9 . Nippon India Corporate Bond Fund Direct (G)

Nippon India Corporate Bond Fund Direct (G) is a Debt fund that has delivered a 1 Year return of 5.4% , a 3 Years return of 7.5% and a 5 Years return of 6.8% . The fund has an expense ratio of 0.4% and an AUM of ₹ 9051 crores as of 2026-09-16. It was Launched on 2013-01-01. The minimum lump sum investment is ₹5000.

10 . Nippon India Arbitrage Fund Direct (G)

Nippon India Arbitrage Fund Direct (G) is a Debt fund that has delivered a 1 Year return of 6.7% , a 3 Years return of 7.3% and a 5 Years return of 6.8% . The fund has an expense ratio of 1.4% and an AUM of ₹ 17533 crores as of 2026-09-16. It was Launched on 2013-01-01. The minimum lump sum investment is ₹5000.