Compare the list of highest return mutual funds in the last 1 year and consider seeking advice from Scripbox financial advisors before investing.
Note : *NA implies that Fund is relatively new. Not enough data available
Below are the highest return mutual funds in last 1 year in india:
Kotak US Specific Equity Passive FoF Direct (G) is a International Equity fund that has delivered a 1 Year return of 31.0%, a 3 Years return of 30.2% and a 5 Years return of 20.0%. The fund has an expense ratio of 0.3% and an AUM of ₹4542 crores as of 2026-09-17. It was Launched on 2021-02-02. The minimum SIP investment is ₹1000 and the minimum lump sum investment is ₹5000. The fund allocates 99.90% to equities and 0.10% to other assets.
HDFC Corporate Bond Fund Direct (G) is a Debt fund that has delivered a 1 Year return of 4.7%, 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 2026-09-17. It was Launched on 2013-01-01. The minimum SIP investment is ₹1000 and the minimum lump sum investment is ₹5000. The fund allocates 095.79% to debt and 4.22% to other assets.
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 2026-09-17. It was Launched on 2013-01-01. The minimum SIP investment is ₹1000 and the minimum lump sum investment is ₹1000. The fund allocates 099.38% to debt and 0.62% to other assets.
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 2026-09-17. It was Launched on 2013-01-01. The minimum SIP investment is ₹1000 and the minimum lump sum investment is ₹5000. The fund allocates -0.12% to equities, 67.91% to debt and 32.21% to other assets.
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 2026-09-17. It was Launched on 2019-03-15. The minimum SIP investment is ₹1000 and the minimum lump sum investment is ₹5000. The fund allocates 099.50% to debt and 0.50% to other assets.
Parag Parikh Flexi Cap Fund Direct (G) is a Equity fund that has delivered a 1 Year return of -5.2%, a 3 Years return of 11.9% and a 5 Years return of 11.1%. The fund has an expense ratio of 0.7% and an AUM of ₹147405 crores as of 2026-09-17. It was Launched on 2013-05-24. The minimum SIP investment is ₹1000 and the minimum lump sum investment is ₹5000. The fund allocates 81.19% to equities, 7.95% to debt and 6.79% to other assets.
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 2026-09-17. It was Launched on 2013-01-01. The minimum SIP investment is ₹1000 and the minimum lump sum investment is ₹5000. The fund allocates 096.52% to debt and 3.48% to other assets.
Nippon India Corporate Bond Fund Direct (G) is a Debt fund that has delivered a 1 Year return of 5.5%, 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 2026-09-17. It was Launched on 2013-01-01. The minimum SIP investment is ₹1000 and the minimum lump sum investment is ₹5000. The fund allocates 089.80% to debt and 10.21% to other assets.
HDFC Gold ETF Fund of Fund Direct (G) is a Precious Metals fund that has delivered a 1 Year return of 35.3%, a 3 Years return of 35.4% and a 5 Years return of 25.2%. The fund has an expense ratio of 0.2% and an AUM of ₹12359 crores as of 2026-09-17. It was Launched on 2013-01-01. The minimum SIP investment is ₹1000 and the minimum lump sum investment is ₹5000. The fund allocates 01.51% to other assets.
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 2026-09-17. It was Launched on 2013-01-01. The minimum SIP investment is ₹1000 and the minimum lump sum investment is ₹5000. The fund allocates -0.39% to equities, 26.87% to debt and 73.52% to other assets.
