Largest Mutual Funds in India (by AUM)
Updated November 2026 · 25 active funds · data from AMFI NAVs
Funds ranked by assets under management (AUM). Size signals popularity and, for some categories, liquidity - but a larger fund is not automatically a better one, and very large small-cap funds can find it harder to deploy money nimbly. AUM here is sourced where disclosed; coverage varies by AMC. Use it as context alongside returns, risk and cost rather than as a ranking of quality.
| # | Scheme | 1Y | 3Y | 5Y | Sharpe | Max DD | TER | AUM |
|---|---|---|---|---|---|---|---|---|
| 1 | SBI Nifty 50 ETF SBI | -0.77% | +10.33% | +8.35% | 0.25 | -16.5% | - | ₹210.8K Cr |
| 2 | Parag Parikh Flexi Cap Fund PPFAS | +0.48% | +13.41% | +11.38% | 0.69 | -17.9% | 0.71% | ₹133.4K Cr |
| 3 | SBI BSE SENSEX ETF SBI | -1.51% | +9.20% | +7.66% | 0.21 | -16.1% | - | ₹120.7K Cr |
| 4 | HDFC Balanced Advantage Fund HDFC | +1.48% | +12.12% | +14.09% | 0.77 | -10.2% | 0.77% | ₹106.0K Cr |
| 5 | HDFC Flexi Cap Fund HDFC | +4.71% | +17.71% | +16.82% | 0.85 | -13.3% | 0.78% | ₹97.4K Cr |
| 6 | HDFC Mid Cap Fund HDFC | +3.12% | +16.31% | +17.66% | 0.82 | -17.0% | 0.76% | ₹91.6K Cr |
| 7 | SBI EQUITY HYBRID FUND SBI | +5.28% | +13.55% | +10.20% | 0.44 | -12.7% | 0.78% | ₹81.2K Cr |
| 8 | ICICI Prudential Multi - Asset Fund ICICI Prudential | +2.89% | +14.50% | +14.65% | 1.03 | -9.5% | 0.80% | ₹80.6K Cr |
| 9 | ICICI Prudential Large Cap Fund (erstwhile Bluechip Fund) ICICI Prudential | -0.99% | +12.85% | +11.43% | 0.49 | -15.4% | 1.06% | ₹76.2K Cr |
| 10 | Kotak Arbitrage Fund Kotak Mahindra | +6.96% | +7.47% | +7.02% | - | -0.3% | - | ₹70.8K Cr |
| 11 | ICICI Prudential Balanced Advantage Fund ICICI Prudential | +6.49% | +12.31% | +10.96% | 0.55 | -8.2% | 1.08% | ₹70.1K Cr |
| 12 | UTI Nifty 50 ETF UTI | -0.75% | +10.34% | - | - | - | - | ₹68.4K Cr |
| 13 | Nippon India Small Cap Fund Nippon India | +7.29% | +13.88% | +17.10% | 0.78 | -24.2% | 0.65% | ₹66.1K Cr |
| 14 | HDFC Liquid Fund HDFC | +6.52% | +6.90% | +6.42% | - | -0.0% | 0.20% | ₹66.1K Cr |
| 15 | SBI Liquid Fund SBI | +6.53% | +6.88% | +6.41% | - | -0.0% | 0.20% | ₹65.3K Cr |
| 16 | ICICI Prudential Value Fund (erstwhile Value Discovery Fund) ICICI Prudential | -2.11% | +13.76% | +14.30% | 0.73 | -14.0% | 1.10% | ₹59.9K Cr |
| 17 | Kotak Midcap Fund Kotak Mahindra | +2.96% | +16.08% | +15.12% | 0.66 | -20.9% | - | ₹59.2K Cr |
| 18 | Aditya Birla Sun Life Liquid Fund Aditya Birla Sun Life | +6.60% | +6.98% | +6.50% | - | -0.0% | - | ₹57.2K Cr |
| 19 | Nippon India ETF Nifty 50 BeES Nippon India | -0.75% | +10.34% | +8.37% | 0.25 | -16.4% | - | ₹57.1K Cr |
| 20 | Kotak Flexicap Fund Kotak Mahindra | +1.24% | +13.40% | +10.98% | 0.40 | -17.8% | - | ₹55.5K Cr |
| 21 | SBI Large Cap FUND SBI | +3.07% | +11.63% | +9.69% | 0.36 | -16.4% | 0.88% | ₹54.1K Cr |
| 22 | ICICI Prudential Liquid Fund ICICI Prudential | +6.51% | +6.91% | +6.42% | - | -0.0% | 0.20% | ₹54.0K Cr |
| 23 | Nippon India ETF Gold BeES Nippon India | +12.13% | +31.04% | +21.93% | 0.78 | -22.3% | - | ₹53.3K Cr |
| 24 | UTI BSE Sensex ETF UTI | -1.48% | +9.21% | +7.66% | 0.21 | -16.1% | - | ₹53.2K Cr |
| 25 | Nippon India Large Cap Fund Nippon India | +0.20% | +13.32% | +13.24% | 0.62 | -15.4% | 0.69% | ₹50.1K Cr |
Ranked by Assets Under Management (highest first), on funds with that metric available. Returns, Sharpe, drawdown and TER are computed independently from AMFI NAVs - see methodology. No paid placement.