Synopsis: This article features some of the best-performing equity mutual fund schemes in India, which have delivered up to 22% CAGR in the past decade. This includes small-cap, mid-cap, flexi-cap, ELSS, and infrastructure funds.
Equity mutual funds are turning out to be one of the best ways for long-term investors in India to create wealth. Despite the market’s volatility, a few equity mutual funds have delivered phenomenal returns in the last ten years by having a well-managed portfolio and picking the right stocks. The small-cap, mid-cap, flexi-cap, and infrastructure schemes have gained from India’s economic growth and rising stock participation. Top 10 Equity Mutual Funds
- NAV: ₹193.42
- AUM: ₹72,672.99 Cr
- Expense Ratio: 0.64%
- Exit Load: 1% (within 1 year)
- 10-Year CAGR: 22%
- NAV: ₹43.61
- AUM: ₹3,072.93 Cr
- Expense Ratio: 0.80%
- Exit Load: 0.50% (within 3 months)
- 10-Year CAGR: 21.2%
- NAV: ₹434.40
- AUM: ₹12,505.69 Cr
- Expense Ratio: 0.72%
- Exit Load: NIL
- 10-Year CAGR: 20.7%
- NAV: ₹115.70
- AUM: ₹6,593.52 Cr
- Expense Ratio: 1.42%
- Exit Load: 1% (within 15 days)
- 10-Year CAGR: 20.5%
- NAV: ₹123.77
- AUM: ₹15,910.69 Cr
- Expense Ratio: 1.04%
- Exit Load: 1% (within 90 days)
- 10-Year CAGR: 20.4%
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- NAV: ₹74.05
- AUM: ₹755.26 Cr
- Expense Ratio: 1.45%
- Exit Load: 1% (within 1 year)
- 10-Year CAGR: 20.1%
- NAV: ₹220.34
- AUM: ₹11,767.30 Cr
- Expense Ratio: 0.58%
- Exit Load: 1% (within 1 year)
- 10-Year CAGR: 20.1%
- NAV: ₹284.43
- AUM: ₹30,373.69 Cr
- Expense Ratio: 1.29%
- Exit Load: 1% (within 1 year)
- 10-Year CAGR: 20%
- NAV: ₹4,806.23
- AUM: ₹45,820.33 Cr
- Expense Ratio: 0.84%
- Exit Load: 1% (within 1 month)
- 10-Year CAGR: 19.8%
- NAV: ₹77.04
- AUM: ₹1,456.94 Cr
- Expense Ratio: 1.49%
- Exit Load: 1% (within 1 year)
- 10-Year CAGR: 19.7%
Best Equity Mutual Funds and Their 10-Year CAGR Performance
Note: NAV, AUM, expense ratio, and other fund details are sourced from Groww as of May 19, 2026.
Why Did These Mutual Funds Deliver Strong Returns?
- Strong rally in small-cap and mid-cap stocks over the past decade
- Rapid growth in India’s manufacturing and infrastructure sectors
- Increasing retail participation through SIP investments
- Active fund management and stock-picking strategies
- Long-term economic growth and corporate earnings expansion
Conclusion
Equity mutual funds have delivered good returns over the last 10 years, with small-cap, mid-cap, and thematic funds giving up to 22% CAGR. However, investors must evaluate their own risk tolerance and financial goals before investing.
Written by Ameet S
Disclaimer: The information provided in this article is for educational purposes only and should not be construed as financial advice or investment recommendation. Returns mentioned are based on historical performance and may not be sustained in the future. Mutual fund investments are subject to market risks, including potential loss of capital. Investors are advised to assess their risk appetite and financial goals and to consult a certified financial advisor before investing.
