The 5 years past performance can give you an insight as to how the funds have performed across different market cycles. Compare the list of highest return mutual funds in the last 5 years 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 5 years in india:
Kotak US Specific Equity Passive FoF Direct (G) is a International Equity fund that has delivered a 1 Year return of 18.7%, a 3 Years return of 28.9% and a 5 Years return of 17.9%. The fund has an expense ratio of 0.3% and an AUM of ₹4689 crores as of 2026-11-06. 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.
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 6.5%. The fund has an expense ratio of 0.1% and an AUM of ₹53784 crores as of 2026-11-06. It was Launched on 2013-01-01. The minimum SIP investment is ₹1000 and the minimum lump sum investment is ₹1000. The fund allocates 0104.25% to debt and -4.25% to other assets.
HDFC Corporate Bond Fund Direct (G) is a Debt fund that has delivered a 1 Year return of 3.3%, a 3 Years return of 6.8% and a 5 Years return of 6.1%. The fund has an expense ratio of 0.4% and an AUM of ₹28928 crores as of 2026-11-06. 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.
Bandhan Income Plus Arbitrage Active FoF Direct (G) is a Debt fund that has delivered a 1 Year return of 5.5%, a 3 Years return of 7.3% and a 5 Years return of 6.3%. The fund has an expense ratio of 0.0% and an AUM of ₹1865 crores as of 2026-11-06. It was Launched on 2013-01-01. The minimum SIP investment is ₹1000 and the minimum lump sum investment is ₹5000. The fund allocates -0.14% to equities, 61.10% to debt and 39.04% 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 6.0% and a 5 Years return of 5.8%. The fund has an expense ratio of 0.1% and an AUM of ₹15218 crores as of 2026-11-06. 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 -2.6%, a 3 Years return of 12.9% and a 5 Years return of 11.3%. The fund has an expense ratio of 0.7% and an AUM of ₹145070 crores as of 2026-11-06. 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 5.3%, a 3 Years return of 7.4% and a 5 Years return of 6.8%. The fund has an expense ratio of 0.3% and an AUM of ₹15498 crores as of 2026-11-06. 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.
HDFC Gold ETF Fund of Fund Direct (G) is a Precious Metals fund that has delivered a 1 Year return of 16.5%, a 3 Years return of 30.8% and a 5 Years return of 23.1%. The fund has an expense ratio of 0.2% and an AUM of ₹12013 crores as of 2026-11-06. It was Launched on 2013-01-01. The minimum SIP investment is ₹1000 and the minimum lump sum investment is ₹5000. The fund allocates 01.37% to other assets.
HDFC Income Plus Arbitrage Active FoF Direct (G) is a Debt fund that has delivered a 1 Year return of 5.0%, a 3 Years return of 8.9% and a 5 Years return of 10.1%. The fund has an expense ratio of 0.0% and an AUM of ₹2647 crores as of 2026-11-06. It was Launched on 2013-01-01. The minimum SIP investment is ₹1000 and the minimum lump sum investment is ₹5000. The fund allocates -0.09% to equities, 71.80% to debt and 28.29% to other assets.
Nippon India Corporate Bond Fund Direct (G) is a Debt fund that has delivered a 1 Year return of 4.2%, a 3 Years return of 7.3% and a 5 Years return of 6.7%. The fund has an expense ratio of 0.4% and an AUM of ₹8739 crores as of 2026-11-06. 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.
