Top 10 Performing Indian Mutual Funds – May 2025

View the top 10 Indian Mutual Funds, sorted by expected annual return*. Indicators are valid as at 9 May 2025.

You can also see the top performing ETFs and top performing stocks for the month.

* For the purpose of this ranking, expected annual return is calculated as geometrical (compound) average of daily returns from the past 3 years, annualised. Expected volatility is based on historical volatility. You can explore each Mutual Fund in Diversiview to see their return based on the CAPM formula.

Only funds older than 3 years have been included, to allow a fair comparison.

TickerNameExpected ReturnExpected Return (CAPM)Volatility
INF769K01HH0Mirae Asset NYSE FANG + ETF Fund of Fund Direct Growth50.43%11.97%29.56%
INF769K01HG2Mirae Asset NYSE FANG + ETF Fund of Fund Regular Growth49.81%11.97%29.55%
INF769K01HF4Mirae Asset NYSE FANG + ETF40.08%8.69%34.58%
INF373I01023Kotak Nifty PSU Bank ETF39.90%16.56%29.41%
INF204KB16I7Nippon India ETF Nifty PSU Bank BeES39.88%16.56%29.41%
INF457M01133CPSE ETF38.80%14.74%23.94%
INF200K01UY4SBI PSU Fund – DIRECT PLAN – GROWTH34.94%14.91%22.30%
INF200K01UW8SBI PSU Fund – Direct Plan – Income Distribution cum Capital Withdrawal Option (IDCW)34.93%14.91%22.30%
INF205K01NG5Invesco India PSU Equity Fund – Direct Plan – Growth34.26%14.98%22.07%
INF090I01GC8Franklin India Opportunities Fund – Direct – Growth33.86%12.86%15.06%


Diversiview is a trademark of LENSELL GROUP PTY LTD(ACN 646 467 941).
All information on our website (including on this blog) is factual, based on mathematical calculations, and it does not constitute financial advice. Diversiview does not take your personal financial situation into account when calculating any values, including asset allocations.
You are solely responsible to decide if any investment, security or investment strategy mentioned anywhere on the Diversiview website, including blogs and articles, or any other product or service from our referral partners is appropriate or suitable for you.
All investments carry risk, and past performance is not a guarantee of future performance. You should do your own further research and / or consult with a finance professional before making any changes to your investment portfolio.

Top 10 Indian mutual funds by expected performance
Scroll to Top