Live returns for actively managed equity mutual funds, updated every business day from AMFI NAVs. Pick a category to compare 1Y, 3Y, 5Y and 10Y returns, AUM and expense ratio.
Large Cap Funds
Live table
Mid Cap Funds
Live table
Small Cap Funds
Live table
The bar on each card shows the market-cap ranks a category mostly invests in. SEBI sets the bands; AMFI updates the company list every six months.
How the four categories compare
SEBI fixes how much each fund must hold in companies of a given size. That one rule drives most of the difference between categories.
| Category | SEBI minimum | Mainly invests in | Price swings, historically |
|---|---|---|---|
| Large Cap | 80% in large-cap stocks | Top 100 companies by market cap | Lowest of the four |
| Mid Cap | 65% in mid-cap stocks | Companies ranked 101 to 250 | Higher than large cap |
| Small Cap | 65% in small-cap stocks | Companies ranked 251 and below | Highest of the four |
| Flexi Cap | 65% in equity, any size mix | Any listed company, in any proportion | Depends on the fund’s current mix |
The rest can sit in other equity, debt or cash within scheme limits. Source: SEBI categorisation circular (October 2017); Flexi Cap added November 2020.
What each category holds
Large Cap funds
Most holdings come from India’s 100 largest listed companies, so portfolios overlap and returns across funds sit close together. Expense ratio often explains a good part of the gap between funds.
Mid Cap funds
Mainly companies ranked 101 to 250. The wider pool lets managers differ more, so returns spread wider than in large cap and prices swing more.
Small Cap funds
Companies ranked 251 and below, many thinly traded. Rises and falls tend to be the sharpest, and some fund houses pause lump-sum inflows when demand runs high.
Flexi Cap funds
At least 65% in equity, in any mix of company sizes. The category dates from November 2020, so some funds carry longer histories from their earlier multi cap days.
How to read the tables
How returns are calculated
- Latest NAV: the most recent AMFI NAV for the Direct Plan, Growth option.
- Starting NAV: the NAV 365, 1,095, 1,825 or 3,650 days earlier, or the nearest earlier date if that day was a holiday.
- Return: 1Y is the plain change; 3Y, 5Y and 10Y are converted to CAGR.
1Y return = (Latest NAV ÷ NAV 1 year ago − 1) × 100
CAGR = ((Latest NAV ÷ NAV n years ago)1/n − 1) × 100
Example
NAV ₹50 five years ago, ₹100 today: a 100% absolute gain, or (100 ÷ 50)1/5 − 1 = 14.87% CAGR.
Point-to-point vs rolling returns
Point-to-point returns depend on just two dates, so a start near a market low flatters a fund and a start near a peak hurts it. Rolling returns average every window of the same length across a fund’s history, showing how consistent it has been. The tables here are point-to-point: a snapshot as of the latest NAV. To compare funds by rolling returns, see the rolling returns hub.
What the tables don’t show
- Risk: similar CAGRs can hide very different falls along the way.
- Overlap: funds in one category often hold the same stocks.
- Manager changes: past returns may belong to a previous manager.
- Category changes: many funds were renamed or moved in SEBI’s 2017–18 recategorisation.
- Taxes and exit loads: all figures are before both.
- SIP returns: SIPs buy at many NAVs, so their XIRR differs from these figures.
Common questions
How often are the tables updated?
Returns recalculate on every page load from the latest AMFI NAV. AUM and expense ratio refresh daily.
Why don’t the figures match other websites?
Differences usually come from the NAV date, how periods are counted (days versus calendar months) and rounding.
How is Flexi Cap different from Multi Cap?
Multi Cap funds must hold at least 25% each in large, mid and small caps (75% equity overall). Flexi Cap funds need 65% in equity with no size minimums.
Do the returns include dividends?
Growth option funds don’t pay IDCW, so all earnings stay in the NAV and are already counted.
Are taxes and exit loads included?
No. Returns are from NAV alone, before capital gains tax and exit load.
Which funds are included?
Actively managed funds in each SEBI category, Direct Plan, Growth option. Index funds and ETFs are excluded. Newer funds show N/A for periods longer than their history.
Why are Regular Plans not listed?
One plan per fund keeps comparisons like-for-like. Regular Plans hold the same portfolio at a higher expense ratio, so they return less.
Do higher past returns mean better future returns?
No. Past returns are not indicative of future performance, and they shift with the period chosen.
Past returns are not indicative of future performance. Mutual fund investments are subject to market risks. Read all scheme-related documents carefully.
This page is for education and comparison only and is not investment advice. Returns: mfapi.in (data sourced from AMFI India). AUM and expense ratio: Kuvera.