Mutual Funds returns

by Hansraj Agrawal | Jan 10, 2026 | Share Market

EQUITY – VALUE FUNDS

Bandhan Value Fund

149.2

10463

1.7

0.7

4.5

16.7

20.7

15.5

0.74

HYBRID – AGGRESSIVE HYBRID FUNDS

BOI AXA Mid & Small Cap Eq&Debt

37.8

1349

2.0

0.7

0.1

17.9

18.4

–

0.55

EQUITY – LARGE CAP FUNDS

Canara Robeco Large Cap Fund

63.9

17493

1.6

0.5

6.8

15.1

13.2

14.5

0.51

HYBRID – EQUITY SAVINGS FUNDS

Edelweiss Equity Savings Fund

26.0

1195

1.6

0.6

7.6

11.1

9.4

9.2

0.84

HYBRID – BALANCED ADVANTAGE FUNDS

HDFC Balanced Advantage Fund

530.0

108205

1.3

0.7

7.5

17.4

18.7

15.3

0.99

EQUITY – TAX SAVING (ELSS) FUNDS

HDFC ELSS Tax saver

1442.7

17163

1.7

1.1

9.9

20.5

20.7

14.8

0.89

EQUITY – FLEXI CAP FUNDS

HDFC Flexi Cap Fund

2064.5

96295

1.4

0.7

12.1

21.2

22.6

17.1

0.92

EQUITY – FOCUSED FUNDS

HDFC Focused Fund

238.0

26537

1.6

0.6

11.8

20.9

23.3

14.9

1.00

EQUITY – LARGE & MID CAP FUNDS

HDFC Large and Mid Cap Fund

344.5

28980

1.6

0.8

6.3

19.8

20.6

15.6

0.73

EQUITY – MID CAP FUNDS

HDFC Mid Cap Fund

201.3

92642

1.4

0.7

8.5

24.8

24.1

18.3

0.85

HYBRID – BALANCED ADVANTAGE FUNDS

ICICI Prudential Balanced Advantage Fund

77.3

70535

1.4

0.9

11.9

13.5

12.3

11.7

0.99

EQUITY – DIVIDEND YIELD FUNDS

ICICI Prudential Dividend Yield Equity Fund

54.3

6400

1.8

0.6

10.9

22.8

23.5

16.7

0.97

HYBRID – AGGRESSIVE HYBRID FUNDS

ICICI Prudential Equity & Debt Fund

407.2

49641

1.5

0.9

12.3

18.9

20.7

16.3

1.06

EQUITY – FOCUSED FUNDS

ICICI Prudential Focused Equity Fund

97.2

14569

1.7

0.6

16.4

22.8

20.6

16.7

0.79

EQUITY – THEMATIC – INFRASTRUCTURE FUNDS

ICICI Prudential Infrastructure Fund

194.0

8134

1.9

1.2

6.6

24.1

28.6

17.7

1.04

EQUITY – LARGE & MID CAP FUNDS

ICICI Prudential Large & Mid Cap Fund

1038.7

27745

1.6

0.8

11.6

20.7

21.8

16.3

0.88

EQUITY – LARGE CAP FUNDS

ICICI Prudential Large Cap Fund

113.8

78502

1.4

0.9

10.6

17.6

16.8

15.2

0.70

EQUITY – SECTOR – IT FUNDS

ICICI Prudential Technology Fund

207.5

15892

1.7

1.0

-2.5

15.8

14.8

17.8

0.45

EQUITY – VALUE FUNDS

ICICI Prudential Value Fund

491.5

61272

1.5

1.0

12.1

20.5

21.7

16.2

1.01

HYBRID – CONSERVATIVE HYBRID FUNDS

Kotak Debt Hybrid Fund

59.2

3108

1.7

0.5

4.6

9.7

9.1

9.5

0.82

EQUITY – MID CAP FUNDS

Motilal Oswal Midcap Fund

98.5

36880

1.6

0.7

-8.4

24.8

26.3

17.3

0.75

EQUITY – SECTOR – BANKING FUNDS

Nippon India Banking & Financial Services Fund

658.4

7778

1.8

1.0

18.7

17.0

19.1

15.2

0.60

EQUITY – THEMATIC – CONSUMPTION FUNDS

Nippon India Consumption Fund

193.7

2761

1.9

0.6

-1.0

14.9

17.1

12.9

0.63

EQUITY – MID CAP FUNDS

Nippon India Growth Mid Cap Fund

4186.3

42124

1.5

0.7

5.3

24.5

23.0

18.2

0.75

EQUITY – LARGE CAP FUNDS

Nippon India Large Cap Fund

92.4

50876

1.5

0.7

8.5

18.7

18.9

15.1

0.74

EQUITY – SMALL CAP FUNDS

Nippon India Small Cap Fund

162.0

68287

1.4

0.6

-4.8

20.2

25.3

19.5

0.71

EQUITY – FLEXI CAP FUNDS

Parag Parikh Flexi Cap Fund

86.1

133309

1.3

0.6

7.5

21.7

19.2

17.6

0.79

HYBRID – AGGRESSIVE HYBRID FUNDS

Quant Aggressive Hybrid Fund

428.1

2078

2.1

0.8

8.5

11.2

16.6

15.4

0.65

EQUITY – TAX SAVING (ELSS) FUNDS

Quant ELSS Tax Saver Fund

368.5

12403

1.7

0.7

6.2

14.0

20.4

19.4

0.61

EQUITY – THEMATIC – INFRASTRUCTURE FUNDS

Quant Infrastructure Fund

36.3

3080

2.0

0.7

-3.8

14.5

24.4

18.2

0.66

EQUITY – SMALL CAP FUNDS

Quant Small Cap Fund

245.9

29785

1.6

0.8

-4.6

18.9

27.1

18.7

0.69

HYBRID – CONSERVATIVE HYBRID FUNDS

SBI Conservative Hybrid Fund

74.2

9851

1.5

1.1

6.8

9.8

9.3

9.0

0.96

EQUITY – TAX SAVING (ELSS) FUNDS

SBI ELSS Tax Saver Fund

443.8

32609

1.6

0.9

5.4

22.7

20.1

15.3

0.78

HYBRID – EQUITY SAVINGS FUNDS

Sundaram Equity Savings Fund

71.7

1207

2.1

0.6

6.2

11.1

10.6

9.7

0.76

EQUITY – FOCUSED FUNDS

360 ONE Focused Fund

46.7

7229

1.8

0.8

4.8

15.3

14.8

16.1

0.52

HYBRID – BALANCED ADVANTAGE FUNDS

Aditya Birla SL Bal Advantage

109.1

8944

1.8

0.7

9.2

12.8

10.9

11.3

0.68

EQUITY – LARGE CAP FUNDS

Aditya Birla Sun Life Large Cap Fund

541.0

31386

1.6

1.0

8.9

15.4

14.5

13.4

0.56

EQUITY – SMALL CAP FUNDS

AXIS Small Cap Fund

102.6

26547

1.6

0.6

-2.2

17.4

20.1

17.7

0.67

EQUITY – TAX SAVING (ELSS) FUNDS

Bandhan ELSS Tax Saver Fund

155.4

7333

1.7

0.7

7.0

15.0

17.8

15.2

0.64

EQUITY – LARGE & MID CAP FUNDS

Bandhan Large & Mid Cap Fund

137.1

13636

1.7

0.6

7.7

22.5

20.4

16.2

0.72

EQUITY – THEMATIC – INFRASTRUCTURE FUNDS

BOI AXA Manufacturing & Infra

58.4

674

2.2

0.6

8.0

24.0

23.7

17.4

0.69

EQUITY – THEMATIC – CONSUMPTION FUNDS

Canara Robeco Consumer Trends Fund

108.8

2025

2.1

0.8

2.6

15.6

15.3

16.1

0.55

EQUITY – THEMATIC – INFRASTRUCTURE FUNDS

Canara Robeco Infrastructure Fund

155.0

894

2.3

1.0

1.7

23.0

24.6

15.4

0.77

EQUITY – TAX SAVING (ELSS) FUNDS

DSP ELSS Tax Saver Fund

143.6

17570

1.6

0.7

8.1

19.3

18.3

16.4

0.68

EQUITY – SMALL CAP FUNDS

DSP Small Cap Fund

192.2

17010

1.7

0.8

-2.3

19.0

20.9

15.9

0.60

HYBRID – AGGRESSIVE HYBRID FUNDS

Edelweiss Aggressive Hybrid Fund

64.0

3480

1.9

0.4

5.4

16.1

15.4

12.9

0.74

HYBRID – BALANCED ADVANTAGE FUNDS

Edelweiss Balanced Advantage Fund

52.1

13376

1.7

0.5

6.6

12.4

11.0

11.1

0.59

EQUITY – MID CAP FUNDS

Edelweiss Mid Cap Fund

102.8

13650

1.7

0.4

5.1

25.2

22.9

18.2

0.73

EQUITY – THEMATIC – INFRASTRUCTURE FUNDS

Franklin Build India Fund

140.3

3036

2.0

1.0

3.6

24.8

17.7

0.80

EQUITY – DIVIDEND YIELD FUNDS

Franklin India Dividend Yield Fund

139.0

2402

2.1

1.2

1.8

17.1

18.2

15.9

0.86

EQUITY – TAX SAVING (ELSS) FUNDS

Franklin India ELSS Tax Saver Fund

1475.6

6693

1.8

1.0

2.8

17.5

17.3

13.8

0.62

EQUITY – FLEXI CAP FUNDS

Franklin India Flexi Cap Fund

1644.5

19972

1.7

0.9

4.2

17.6

18.0

14.5

0.65

EQUITY – FOCUSED FUNDS

Franklin India Focused Equity Fund

109.2

12649

1.8

1.0

6.4

15.1

17.3

14.7

0.63

HYBRID – CONSERVATIVE HYBRID FUNDS

HDFC Hybrid Debt Fund

83.2

3354

1.8

1.2

5.4

9.7

9.4

9.0

0.94

EQUITY – LARGE CAP FUNDS

HDFC Large Cap Fund

1170.7

40604

1.6

1.0

7.8

15.6

16.3

14.2

0.64

EQUITY – VALUE FUNDS

HSBC Value Fund

112.4

14753

1.7

0.8

8.0

22.3

21.2

16.1

0.69

HYBRID – CONSERVATIVE HYBRID FUNDS

ICICI Prudential Regular Savings Fund

77.7

3359

1.7

1.0

7.5

10.0

8.9

9.5

1.04

EQUITY – SECTOR – BANKING FUNDS

Invesco India Financial Services Fund

144.2

1599

2.1

0.8

16.8

20.2

16.6

16.3

0.48

HYBRID – AGGRESSIVE HYBRID FUNDS

JM Aggressive Hybrid Fund

118.2

785

2.3

0.7

-2.1

17.3

15.7

12.7

0.62

EQUITY – FLEXI CAP FUNDS

JM Flexicap Fund

94.6

5463

1.8

0.6

-6.5

19.3

18.2

16.8

0.63

HYBRID – AGGRESSIVE HYBRID FUNDS

Kotak Aggressive Hybrid Fund

62.8

8509

1.7

0.5

4.1

14.5

14.4

13.4

0.65

HYBRID – EQUITY SAVINGS FUNDS

Kotak Equity Savings Fund

27.1

9651

1.8

0.7

7.8

11.3

10.2

9.5

0.88

EQUITY – LARGE CAP FUNDS

Kotak Large Cap Fund

586.2

11087

1.7

0.6

8.5

15.1

14.1

13.7

0.53

EQUITY – TAX SAVING (ELSS) FUNDS

Mirae Asset ELSS Tax Saver Fund

50.1

27196

1.5

0.6

9.5

16.8

15.9

17.6

0.58

EQUITY – TAX SAVING (ELSS) FUNDS

Motilal Oswal ELSS Tax Saver Fund

49.4

4341

1.8

0.6

-7.3

21.9

18.4

16.2

0.48

HYBRID – BALANCED ADVANTAGE FUNDS

Nippon India Balanced Advantage Fund

179.7

9725

1.7

0.6

6.6

12.1

11.0

0.70

EQUITY – FOCUSED FUNDS

Nippon India Focused Fund

122.6

8790

1.8

1.1

8.4

14.7

16.2

13.6

0.58

EQUITY – VALUE FUNDS

Nippon India Value Fund

229.3

9153

1.8

1.1

5.1

21.4

20.1

15.8

0.70

EQUITY – LARGE & MID CAP FUNDS

Nippon India Vision Large & Mid Cap Fund

1478.6

6896

1.9

1.2

5.6

20.5

18.0

13.9

0.65

EQUITY – FLEXI CAP FUNDS

PGIM India Flexi Cap Fund

36.4

6268

1.8

0.4

5.2

12.6

13.0

13.9

0.44

EQUITY – MID CAP FUNDS

PGIM India Midcap Fund

63.0

11266

1.7

0.5

0.7

12.9

16.9

15.1

0.57

EQUITY – MID CAP FUNDS

Quant Mid Cap Fund

201.4

8057

1.8

0.8

-7.9

12.9

19.5

16.0

0.61

EQUITY – TAX SAVING (ELSS) FUNDS

Quantum ELSS Tax Saver Fund

125.5

227

2.1

0.9

4.1

16.2

14.7

12.7

0.65

EQUITY – THEMATIC – CONSUMPTION FUNDS

SBI Consumption Opportunities Fund

299.8

3162

2.0

0.9

-7.3

13.6

16.6

15.0

0.61

HYBRID – EQUITY SAVINGS FUNDS

SBI Equity Savings Fund

24.3

5919

1.6

1.0

5.4

11.2

9.2

9.0

0.62

EQUITY – LARGE & MID CAP FUNDS

SBI Large & Midcap Fund

644.6

37443

1.6

0.7

10.7

17.5

18.3

15.2

0.72

EQUITY – LARGE CAP FUNDS

SBI Large Cap Fund

95.7

55879

1.5

0.8

9.7

14.4

13.8

13.2

0.55

EQUITY – MID CAP FUNDS

SBI Midcap Fund

232.3

23315

1.7

0.8

-0.1

17.2

18.9

14.4

0.68

EQUITY – SECTOR – IT FUNDS

SBI Technology Opportunities Fund

225.9

5229

1.9

0.9

1.3

17.6

16.9

17.5

0.55

EQUITY – SECTOR – BANKING FUNDS

Sundaram Financial Services Opportunities Fund

110.6

1661

2.1

0.8

18.4

18.5

16.5

15.9

0.51

EQUITY – FLEXI CAP FUNDS

Union Flexi Cap Fund

51.2

2402

2.0

0.9

3.9

14.8

14.6

13.6

0.52

HYBRID – AGGRESSIVE HYBRID FUNDS

UTI Aggressive Hybrid Fund

413.8

6758

1.9

1.2

6.1

16.2

16.0

12.8

0.77

EQUITY – LARGE & MID CAP FUNDS

UTI Large & Mid Cap Fund

185.1

5635

1.9

0.9

7.5

21.5

20.4

15.0

0.75

EQUITY – SECTOR – BANKING FUNDS

Aditya Birla SL Bank & Fin Serv

64.1

3694

2.0

1.0

18.7

15.9

14.4

14.9

0.42

EQUITY – THEMATIC – CONSUMPTION FUNDS

Aditya Birla Sun Life Consumption Fund

214.8

6521

1.8

0.8

2.8

14.7

14.6

15.1

0.52

EQUITY – SECTOR – IT FUNDS

Aditya Birla Sun Life Digital India Fund

175.0

4837

1.9

0.8

-5.3

14.5

13.7

17.2

0.42

EQUITY – FLEXI CAP FUNDS

Aditya Birla Sun Life Flexi Cap Fund

1861.2

25098

1.7

0.9

10.3

17.8

15.0

14.9

0.54

EQUITY – FOCUSED FUNDS

Aditya Birla Sun Life Focused Fund

148.4

8209

1.8

0.9

10.2

16.8

14.6

13.7

0.55

HYBRID – CONSERVATIVE HYBRID FUNDS

Aditya Birla Sun Life Regular Savings Fund

68.5

1541

1.8

0.9

7.5

9.0

8.6

8.7

0.88

HYBRID – BALANCED ADVANTAGE FUNDS

Axis Balanced Advantage Fund

21.5

3816

1.9

0.7

6.3

14.4

11.1

–

0.65

HYBRID – AGGRESSIVE HYBRID FUNDS

Bandhan Aggressive Hybrid Fund

26.7

1576

2.1

0.7

8.6

15.6

14.2

–

0.58

EQUITY – FOCUSED FUNDS

Bandhan Focused Fund

86.5

2059

2.1

0.8

-0.9

18.6

13.5

13.4

0.45

EQUITY – THEMATIC – INFRASTRUCTURE FUNDS

Bandhan Infrastructure Fund

46.9

1522

2.1

0.9

-6.7

22.9

24.4

15.5

0.65

EQUITY – LARGE CAP FUNDS

Bandhan Large Cap Fund

79.2

2051

2.0

0.9

8.6

17.1

14.0

13.8

0.50

EQUITY – TAX SAVING (ELSS) FUNDS

Bank of India ELSS Tax Saver

157.2

1402

2.0

0.8

-3.1

15.6

15.7

15.9

0.46

HYBRID – AGGRESSIVE HYBRID FUNDS

Baroda BNP Paribas Aggressive Hybrid Fund

28.1

1269

2.1

0.5

3.5

13.7

12.6

–

0.54

EQUITY – LARGE CAP FUNDS

Baroda BNP Paribas Large Cap Fund

223.2

2702

2.0

0.8

4.6

15.5

13.7

13.2

0.51

EQUITY – MID CAP FUNDS

Baroda BNP Paribas Mid Cap Fund

103.7

2313

2.0

0.6

3.8

20.3

19.5

15.2

0.64

HYBRID – CONSERVATIVE HYBRID FUNDS

Canara Robeco Conservative Hybrid Fund

97.3

911

1.8

0.7

4.3

7.9

7.1

7.9

0.59

EQUITY – TAX SAVING (ELSS) FUNDS

Canara Robeco ELSS Tax Saver

177.2

9022

1.7

0.5

5.2

14.9

14.2

14.9

0.54

HYBRID – AGGRESSIVE HYBRID FUNDS

Canara Robeco Equity Hybrid Fund

365.2

11393

1.7

0.6

6.7

13.4

12.1

12.5

0.54

EQUITY – FLEXI CAP FUNDS

Canara Robeco Flexi Cap Fund

344.1

13760

1.7

0.5

6.9

15.2

14.0

14.4

0.52

EQUITY – LARGE & MID CAP FUNDS

Canara Robeco Large and Mid Cap Fund

249.5

25626

1.6

0.6

0.3

15.6

14.8

15.0

0.52

HYBRID – AGGRESSIVE HYBRID FUNDS

DSP Aggressive Hybrid Fund

359.6

12105

1.7

0.7

5.8

16.0

12.7

12.8

0.55

HYBRID – BALANCED ADVANTAGE FUNDS

DSP Dynamic Asset Allocation Fund

28.4

3690

1.9

0.7

8.1

12.6

9.0

9.3

0.57

HYBRID – EQUITY SAVINGS FUNDS

DSP Equity Savings Fund

22.2

3936

1.5

0.6

6.0

9.9

9.1

–

0.81

EQUITY – FLEXI CAP FUNDS

DSP Flexi Cap Fund

103.5

12371

1.7

0.7

4.5

17.5

14.4

14.6

0.49

EQUITY – FOCUSED FUNDS

DSP Focused Fund

55.7

2707

2.0

0.9

7.3

19.5

13.8

13.0

0.51

EQUITY – THEMATIC – INFRASTRUCTURE FUNDS

DSP India T.I.G.E.R. Fund

309.4

5419

1.9

0.7

-1.0

23.1

25.3

16.5

0.75

EQUITY – LARGE & MID CAP FUNDS

DSP Large & Mid Cap Fund

638.0

17215

1.7

0.6

7.8

19.9

17.9

16.0

0.65

EQUITY – LARGE CAP FUNDS

DSP Large Cap Fund

479.6

7187

1.8

0.8

7.3

17.4

13.8

12.5

0.55

HYBRID – CONSERVATIVE HYBRID FUNDS

DSP Regular Savings Fund

60.0

184

1.2

0.5

7.3

9.9

8.0

7.3

0.72

EQUITY – FLEXI CAP FUNDS

Edelweiss Flexi Cap Fund

39.4

3127

1.9

0.4

6.7

19.0

17.1

15.2

0.58

EQUITY – LARGE & MID CAP FUNDS

Edelweiss Large & Mid Cap Fund

88.8

4517

1.8

0.4

4.8

18.3

17.1

15.3

0.59

EQUITY – LARGE CAP FUNDS

Edelweiss Large Cap Fund

86.0

1456

2.1

0.6

7.1

15.1

13.6

0.51

HYBRID – AGGRESSIVE HYBRID FUNDS

Franklin India Aggressive Hybrid Fund

271.7

2380

2.0

0.9

3.9

14.0

13.0

11.8

0.61

HYBRID – CONSERVATIVE HYBRID FUNDS

Franklin India Conservative Hybrid Fund

92.0

214

1.4

0.8

5.9

9.1

7.6

0.68

EQUITY – LARGE CAP FUNDS

Franklin India Large Cap Fund

1061.0

7972

1.9

1.1

8.4

15.1

13.6

12.3

0.51

HYBRID – EQUITY SAVINGS FUNDS

HDFC Equity Savings Fund

67.6

5897

1.9

0.9

6.9

10.1

10.2

9.9

0.82

HYBRID – AGGRESSIVE HYBRID FUNDS

HDFC Hybrid Equity Fund

119.1

24528

1.7

1.0

5.6

11.5

13.1

11.3

0.63

EQUITY – THEMATIC – INFRASTRUCTURE FUNDS

HDFC Infrastructure Fund

46.7

2452

2.1

1.1

3.6

24.4

25.9

11.8

0.80

EQUITY – SMALL CAP FUNDS

HDFC Small Cap Fund

135.8

37753

1.5

0.7

-0.5

19.3

23.1

17.6

0.69

EQUITY – VALUE FUNDS

HDFC Value Fund

763.6

7652

1.8

1.0

9.2

18.9

17.9

14.5

0.64

HYBRID – CONSERVATIVE HYBRID FUNDS

HSBC Conservative Hybrid Fund

61.0

146

2.2

1.2

2.3

9.5

7.2

7.5

0.44

HYBRID – EQUITY SAVINGS FUNDS

HSBC Equity Savings Fund

34.0

786

1.5

0.7

2.0

13.3

11.0

8.9

0.56

EQUITY – FLEXI CAP FUNDS

HSBC Flexi Cap Fund

219.4

5227

1.9

1.2

2.3

19.0

16.0

13.8

0.49

EQUITY – SMALL CAP FUNDS

HSBC Small Cap Fund

76.2

15969

1.7

0.6

-11.2

17.1

22.5

17.3

0.59

EQUITY – SECTOR – BANKING FUNDS

ICICI Prudential Banking & Financial Services Fund

138.0

11154

1.8

1.0

16.7

14.9

14.7

15.2

0.48

EQUITY – TAX SAVING (ELSS) FUNDS

ICICI Pru Long Term Equity

951.4

14769

1.7

1.1

9.0

15.9

15.4

13.5

0.59

HYBRID – EQUITY SAVINGS FUNDS

ICICI Prudential Equity Savings Fund

23.2

18060

1.0

0.5

7.6

8.6

8.4

8.5

1.30

EQUITY – MID CAP FUNDS

ICICI Prudential Midcap Fund

309.3

7132

1.9

1.0

12.0

22.4

20.9

16.2

0.68

EQUITY – SMALL CAP FUNDS

ICICI Prudential Smallcap Fund

84.2

8428

1.8

0.8

-0.7

16.0

20.3

15.8

0.72

HYBRID – BALANCED ADVANTAGE FUNDS

Invesco India Balanced Advantage Fund

54.3

1126

2.1

0.8

2.9

12.3

10.2

9.8

0.50

EQUITY – THEMATIC – INFRASTRUCTURE FUNDS

Invesco India Infrastructure Fund

58.7

1417

2.1

0.8

-7.6

21.5

22.3

16.3

0.64

EQUITY – LARGE & MID CAP FUNDS

Invesco India Large & Mid Cap Fund

98.7

9344

1.8

0.6

5.6

22.9

18.3

16.2

0.59

EQUITY – LARGE CAP FUNDS

Invesco India Largecap Fund

70.0

1718

2.0

0.7

5.3

17.0

14.9

13.5

0.51

EQUITY – MID CAP FUNDS

Invesco India Midcap Fund

179.5

10296

1.7

0.5

7.0

26.0

22.2

17.9

0.68

EQUITY – TAX SAVING (ELSS) FUNDS

JM ELSS Tax Saver Fund

48.8

226

2.4

1.0

0.6

19.0

16.6

16.2

0.56

EQUITY – VALUE FUNDS

JM Value Fund

93.3

957

2.2

1.0

-5.2

19.4

18.4

16.6

0.62

EQUITY – TAX SAVING (ELSS) FUNDS

Kotak ELSS Tax Saver Fund

116.1

6452

1.8

0.6

3.2

14.8

15.7

14.8

0.54

EQUITY – FLEXI CAP FUNDS

Kotak Flexicap Fund

86.6

56460

1.4

0.6

10.5

16.2

14.7

14.6

0.52

EQUITY – THEMATIC – INFRASTRUCTURE FUNDS

Kotak Infra & Economic Reform

64.1

2353

2.0

0.7

-2.4

19.3

24.0

16.0

0.71

EQUITY – LARGE & MID CAP FUNDS

Kotak Large & Midcap Fund

349.9

30039

1.6

0.6

7.4

18.8

17.5

16.1

0.62

EQUITY – MID CAP FUNDS

Kotak Midcap Fund

135.1

60637

1.4

2.8

20.8

20.9

17.8

0.68

EQUITY – SMALL CAP FUNDS

Kotak Small Cap Fund

243.2

17258

1.7

-10.3

14.3

18.5

16.5

0.57

EQUITY – THEMATIC – INFRASTRUCTURE FUNDS

LIC MF Infrastructure Fund

48.5

1003

2.2

0.8

-3.3

26.3

25.1

16.1

0.69

EQUITY – TAX SAVING (ELSS) FUNDS

Mahindra Manulife ELSS Tax Saver Fund

28.9

973

2.1

0.6

7.3

14.5

15.5

–

0.56

HYBRID – EQUITY SAVINGS FUNDS

Mahi Manu Eq Sav Dhan San Yojana

21.1

567

2.4

0.7

6.9

9.8

9.1

–

0.56

EQUITY – MID CAP FUNDS

Mahindra Manulife Mid Cap Fund

33.7

4295

1.8

0.5

3.7

23.9

22.2

–

0.67

HYBRID – AGGRESSIVE HYBRID FUNDS

Mirae Asset Aggressive Hybrid Fund

33.1

9538

1.7

0.4

9.7

13.5

12.6

13.0

0.56

EQUITY – THEMATIC – CONSUMPTION FUNDS

Mirae Asset Great Consumer Fund

92.0

4754

1.8

0.4

16.2

16.6

15.9

0.57

EQUITY – LARGE & MID CAP FUNDS

Mirae Asset Large & Midcap Fund

154.8

43766

1.5

0.6

9.5

16.7

16.0

17.4

0.56

EQUITY – LARGE CAP FUNDS

Mirae Asset Large Cap Fund

115.8

41802

1.5

0.5

9.5

12.9

12.7

14.0

0.49

EQUITY – FLEXI CAP FUNDS

Motilal Oswal Flexi Cap Fund

60.4

13862

1.7

0.9

-2.1

22.2

14.2

13.3

0.43

HYBRID – AGGRESSIVE HYBRID FUNDS

Nippon India Aggressive Hybrid Fund

106.3

4102

2.0

1.1

6.4

14.7

15.0

10.2

0.68

EQUITY – TAX SAVING (ELSS) FUNDS

Nippon India ELSS Tax Saver Fund

129.1

15260

1.7

1.0

7.1

16.5

17.6

11.4

0.62

EQUITY – TAX SAVING (ELSS) FUNDS

PGIM India ELSS Tax Saver Fund

34.4

768

2.2

0.7

0.9

11.2

13.9

13.0

0.53

EQUITY – FOCUSED FUNDS

Quant Focused Fund

84.8

914

2.3

0.8

0.9

13.0

15.3

13.7

0.50

EQUITY – LARGE & MID CAP FUNDS

Quant Large & Mid Cap Fund

110.3

3375

1.9

0.8

-4.8

13.4

16.7

15.5

0.54

EQUITY – SECTOR – BANKING FUNDS

SBI Banking & Financial Services Fund

45.4

10106

1.8

0.7

22.4

19.4

15.8

17.6

0.48

HYBRID – AGGRESSIVE HYBRID FUNDS

SBI Equity Hybrid Fund

307.4

82847

1.4

0.7

12.3

14.0

12.7

12.3

0.63

EQUITY – FOCUSED FUNDS

SBI Focused Fund

378.3

43173

1.5

0.8

15.5

18.4

16.0

15.2

0.60

EQUITY – THEMATIC – INFRASTRUCTURE FUNDS

SBI Infrastructure Fund

48.4

4727

1.9

1.1

-0.2

20.2

22.0

16.0

0.75

HYBRID – AGGRESSIVE HYBRID FUNDS

Sundaram Aggressive Hybrid Fund

163.5

7846

1.8

0.6

4.7

12.3

12.2

12.6

0.55

EQUITY – TAX SAVING (ELSS) FUNDS

Sundaram ELSS Tax Saver Fund

516.5

1402

2.2

1.7

6.8

14.7

15.1

14.2

0.57

EQUITY – FOCUSED FUNDS

Sundaram Focused Fund

160.6

1103

2.3

1.3

2.1

13.7

13.5

13.8

0.46

EQUITY – MID CAP FUNDS

Sundaram Mid Cap Fund

1412.1

13293

1.7

0.9

5.2

23.8

21.1

15.2

0.68

EQUITY – SMALL CAP FUNDS

Sundaram Small Cap Fund

257.5

3401

1.9

0.9

1.2

19.8

21.1

13.6

0.59

EQUITY – SECTOR – BANKING FUNDS

Tata Banking and Financial Services Fund

45.0

3225

1.9

0.4

19.4

15.8

14.5

16.3

0.45

HYBRID – EQUITY SAVINGS FUNDS

Tata Equity Savings Fund

56.4

278

1.1

0.5

6.6

9.9

8.5

7.8

0.77

EQUITY – THEMATIC – CONSUMPTION FUNDS

Tata India Consumer Fund

43.8

2671

2.0

0.7

-2.8

17.7

15.2

15.9

0.49

EQUITY – LARGE & MID CAP FUNDS

Tata Large & Mid Cap Fund

512.8

8683

1.8

0.7

2.0

12.3

14.6

13.3

0.55

EQUITY – LARGE CAP FUNDS

Tata Large Cap Fund

516.3

2840

2.0

1.0

8.5

14.5

14.7

12.8

0.57

EQUITY – MID CAP FUNDS

Tata Mid Cap Fund

446.0

5497

1.8

0.6

6.8

21.6

19.3

15.9

0.65

EQUITY – VALUE FUNDS

Templeton India Value Fund

727.0

2326

2.0

0.9

5.5

17.1

20.6

14.9

0.77

HYBRID – BALANCED ADVANTAGE FUNDS

Union Balanced Advantage Fund

20.5

1347

2.2

1.0

5.6

10.0

8.0

–

0.47

EQUITY – TAX SAVING (ELSS) FUNDS

Union ELSS Tax Saver Fund

65.1

904

2.3

1.3

5.1

14.8

15.1

13.1

0.55

EQUITY – SMALL CAP FUNDS

Union Small Cap Fund

47.6

1744

2.1

1.0

-3.9

17.7

20.1

14.6

0.54

HYBRID – CONSERVATIVE HYBRID FUNDS

UTI Conservative Hybrid Fund

70.2

1703

1.8

1.3

5.8

9.4

8.6

8.3

0.79

EQUITY – DIVIDEND YIELD FUNDS

UTI Dividend Yield Fund

180.1

3946

2.0

1.5

5.1

20.3

17.1

14.9

0.65

EQUITY – LARGE CAP FUNDS

UTI Large Cap Fund

279.2

13322

1.7

0.9

7.1

12.9

12.1

12.7

0.44

EQUITY – MID CAP FUNDS

UTI Mid Cap Fund

299.9

11956

1.8

0.9

0.8

16.7

16.5

14.2

0.52

EQUITY – VALUE FUNDS

UTI Value Fund

171.9

10151

1.8

1.2

6.9

18.1

16.5

14.7

0.63

HYBRID – BALANCED ADVANTAGE FUNDS

UTI-Unit Linked Insurance Plan

42.0

5212

1.7

1.0

4.4

9.3

7.4

8.0

0.42

EQUITY – DIVIDEND YIELD FUNDS

Aditya Birla Sun Life Dividend Yield Fund

456.1

1511

2.2

1.4

3.1

18.5

13.2

0.63

HYBRID – AGGRESSIVE HYBRID FUNDS

Aditya Birla Sun Life Equity Hybrid ’95 Fund

1554.3

7533

1.9

1.1

6.7

14.2

11.9

10.8

0.49

EQUITY – THEMATIC – INFRASTRUCTURE FUNDS

Aditya Birla Sun Life Infrastructure Fund

93.2

1113

2.3

1.4

1.3

20.0

21.3

14.1

0.63

EQUITY – MID CAP FUNDS

Aditya Birla Sun Life Midcap Fund

790.8

6301

1.9

1.0

4.7

20.6

18.9

13.6

0.61

HYBRID – CONSERVATIVE HYBRID FUNDS

Axis Conservative Hybrid Fund

30.5

235

2.2

1.1

6.2

7.5

6.4

6.8

0.43

HYBRID – EQUITY SAVINGS FUNDS

Axis Equity Savings Fund

22.6

927

2.3

1.1

5.3

10.2

8.4

8.6

0.51

EQUITY – FLEXI CAP FUNDS

Axis Flexi Cap Fund

26.3

13026

1.7

0.7

2.5

14.7

11.2

–

0.34

EQUITY – MID CAP FUNDS

Axis Midcap Fund

111.4

31717

1.6

0.6

1.7

19.0

16.4

16.2

0.53

HYBRID – BALANCED ADVANTAGE FUNDS

Bandhan Balanced Advantage Fund

24.8

2309

2.0

0.8

5.5

11.4

9.0

0.42

HYBRID – EQUITY SAVINGS FUNDS

Bandhan Equity Savings Fund

31.9

399

1.1

0.2

6.1

7.8

6.9

6.6

0.68

EQUITY – FLEXI CAP FUNDS

Bandhan Flexi Cap Fund

212.3

7708

1.9

1.1

8.6

15.8

14.1

11.4

0.50

EQUITY – LARGE & MID CAP FUNDS

BOI Large & Mid Cap Equity Fund

90.0

456

2.3

0.8

6.2

16.4

15.6

13.2

0.51

EQUITY – SECTOR – BANKING FUNDS

Baroda BNP Paribas Bank&Fin Serv

49.6

373

2.4

0.8

16.7

15.9

13.2

13.5

0.39

EQUITY – TAX SAVING (ELSS) FUNDS

Baroda BNP Paribas ELSS Tax Saver Fund

98.1

941

2.2

1.0

5.2

18.8

14.3

13.0

0.48

EQUITY – FOCUSED FUNDS

Baroda BNP Paribas Focused Fund

21.8

709

2.3

0.5

2.7

14.1

12.3

–

0.38

EQUITY – TAX SAVING (ELSS) FUNDS

Edelweiss Long Term Equity

114.1

451

2.3

0.7

7.1

16.9

14.9

12.5

0.51

EQUITY – LARGE & MID CAP FUNDS

Franklin India Large & Mid Cap Fund

193.0

3674

2.0

1.3

6.3

16.9

15.4

12.6

0.55

EQUITY – MID CAP FUNDS

Franklin India Mid Cap Fund

2762.2

12831

1.8

1.0

2.2

21.7

18.3

15.3

0.59

EQUITY – SMALL CAP FUNDS

Franklin India Small Cap Fund

162.8

13238

1.8

0.9

-6.5

19.4

21.3

15.2

0.60

HYBRID – BALANCED ADVANTAGE FUNDS

HSBC Balanced Advantage Fund

43.8

1581

2.1

0.9

3.1

11.4

8.6

8.3

0.48

EQUITY – TAX SAVING (ELSS) FUNDS

HSBC ELSS Tax saver Fund

134.6

4109

1.9

1.2

2.0

19.4

15.6

14.0

0.49

EQUITY – LARGE CAP FUNDS

HSBC Large Cap Fund

491.8

1912

2.1

1.3

6.1

15.2

12.8

13.5

0.43

EQUITY – MID CAP FUNDS

HSBC Midcap Fund

395.9

12440

1.7

0.6

2.8

23.7

19.2

15.9

0.53

HYBRID – AGGRESSIVE HYBRID FUNDS

Invesco India Aggressive Hybrid Fund

22.4

828

2.2

0.7

0.3

15.5

12.4

–

0.50

EQUITY – TAX SAVING (ELSS) FUNDS

Invesco India ELSS Tax Saver Fund

122.1

2771

1.9

0.8

-3.5

16.2

13.2

13.5

0.42

EQUITY – FOCUSED FUNDS

JM Focused Fund

19.9

299

2.4

0.7

-0.8

17.3

14.0

0.45

EQUITY – LARGE CAP FUNDS

JM Large Cap Fund

156.5

464

2.4

0.8

4.6

15.0

13.8

12.0

0.48

EQUITY – TAX SAVING (ELSS) FUNDS

LIC MF ELSS Tax Saver

152.2

1097

2.2

1.0

-0.9

16.0

13.2

12.9

0.48

EQUITY – FOCUSED FUNDS

LIC MF Focused Fund

21.1

172

2.5

1.6

2.6

10.9

11.2

–

0.38

EQUITY – LARGE & MID CAP FUNDS

LIC MF Large & Midcap Fund

38.3

3116

1.9

0.6

-0.9

17.1

15.1

14.9

0.52

EQUITY – LARGE CAP FUNDS

LIC MF Large Cap Fund

56.2

1493

2.1

1.0

4.4

11.7

10.5

11.6

0.36

HYBRID – AGGRESSIVE HYBRID FUNDS

Navi Aggressive Hybrid Fund

20.9

119

2.3

0.6

4.8

12.4

11.3

–

0.51

HYBRID – CONSERVATIVE HYBRID FUNDS

Nippon India Conservative Hybrid Fund

60.1

933

1.9

1.1

9.4

9.1

8.3

5.8

1.21

EQUITY – VALUE FUNDS

Quantum Value Fund

126.5

1208

2.1

1.1

4.2

16.4

14.7

12.7

0.64

EQUITY – FLEXI CAP FUNDS

SBI Flexicap Fund

111.4

23685

1.7

0.8

4.9

13.4

13.0

12.9

0.50

EQUITY – SMALL CAP FUNDS

SBI Small Cap Fund

162.9

36268

1.6

0.7

-6.0

12.9

16.7

16.9

0.57

HYBRID – BALANCED ADVANTAGE FUNDS

Sundaram Balanced Advantage Fund

35.7

1737

2.1

0.6

5.2

10.2

9.3

8.0

0.48

EQUITY – THEMATIC – CONSUMPTION FUNDS

Sundaram Consumption Fund

95.5

1584

2.2

1.3

-2.0

15.2

14.0

0.49

EQUITY – THEMATIC – INFRASTRUCTURE FUNDS

Sundaram Infrastructure Advantage Fund

94.6

947

2.4

1.9

4.3

20.8

21.1

14.2

0.66

EQUITY – LARGE & MID CAP FUNDS

Sundaram Large and Mid Cap Fund

86.6

6987

1.8

0.8

4.1

16.0

15.9

14.5

0.53

HYBRID – AGGRESSIVE HYBRID FUNDS

Tata Aggressive Hybrid Fund

445.9

4179

1.9

1.0

5.3

11.2

12.5

10.4

0.56

EQUITY – SECTOR – IT FUNDS

Tata Digital India Fund

48.3

12255

1.7

0.4

-9.0

15.4

14.3

17.1

0.42

EQUITY – TAX SAVING (ELSS) FUNDS

Tata ELSS Fund

45.3

4748

1.8

0.7

4.5

15.0

15.3

14.1

0.55

EQUITY – THEMATIC – INFRASTRUCTURE FUNDS

Tata Infrastructure Fund

163.6

2016

2.1

1.1

-4.6

17.3

20.7

14.8

0.61

EQUITY – VALUE FUNDS

Tata Value Fund

355.7

9061

1.8

0.8

4.9

19.1

17.2

15.3

0.61

EQUITY – LARGE CAP FUNDS

Union Largecap Fund

23.7

471

2.5

1.7

5.0

12.3

12.0

–

0.43

EQUITY – SECTOR – BANKING FUNDS

UTI Banking and Financial Services Fund

197.7

1382

2.1

1.1

18.4

15.9

14.4

12.9

0.44

EQUITY – FLEXI CAP FUNDS

UTI Flexi Cap Fund

319.3

24903

1.7

1.0

1.3

11.7

8.9

12.7

0.28

EQUITY – THEMATIC – CONSUMPTION FUNDS

UTI India Consumer Fund

58.5

737

2.4

1.6

2.4

15.0

12.6

12.1

0.41

EQUITY – TAX SAVING (ELSS) FUNDS

Aditya Birla Sun Life ELSS Tax Saver Fund

61.9

15415

1.7

1.0

9.5

14.7

10.1

11.3

0.35

HYBRID – EQUITY SAVINGS FUNDS

Aditya Birla Sun Life Equity Savings Fund

22.8

1023

1.0

0.5

8.6

9.5

7.5

8.2

0.42

EQUITY – LARGE & MID CAP FUNDS

Aditya Birla Sun Life Large & Mid Cap Fund

908.7

5784

1.9

1.1

4.6

15.0

11.7

12.3

0.34

EQUITY – SMALL CAP FUNDS

Aditya Birla Sun Life Small Cap Fund

83.2

4938

1.9

0.9

-3.0

16.8

16.5

12.4

0.46

EQUITY – VALUE FUNDS

Aditya Birla Sun Life Value Fund

127.5

6411

1.9

1.0

2.2

19.5

17.7

12.3

0.51

EQUITY – TAX SAVING (ELSS) FUNDS

Axis ELSS Tax Saver Fund

96.1

34263

1.5

0.8

4.8

14.6

9.4

12.3

0.27

EQUITY – FOCUSED FUNDS

Axis Focused Fund

53.9

11972

1.7

0.8

4.1

11.8

7.0

12.3

0.19

EQUITY – LARGE CAP FUNDS

Axis Large Cap Fund

61.4

33556

1.6

0.7

6.6

12.6

9.4

12.7

0.30

HYBRID – CONSERVATIVE HYBRID FUNDS

Bandhan Conservative Hybrid Fund

32.7

102

2.0

1.0

6.4

7.9

5.8

6.7

0.36

HYBRID – BALANCED ADVANTAGE FUNDS

Bank of India Balanced Advantage Fund

25.7

146

2.3

1.0

8.5

10.6

7.6

0.47

HYBRID – CONSERVATIVE HYBRID FUNDS

Baroda BNP Paribas Conser Hybrid

45.5

833

2.0

0.5

5.2

8.5

6.6

7.4

0.50

EQUITY – MID CAP FUNDS

DSP Midcap Fund

148.3

19855

1.7

0.7

3.2

19.6

14.8

0.47

EQUITY – SECTOR – IT FUNDS

Franklin India Technology Fund

532.1

1996

2.1

1.0

-1.5

23.1

14.1

16.9

0.44

EQUITY – LARGE CAP FUNDS

Groww Largecap Fund

43.8

132

2.5

1.2

8.5

13.6

11.9

0.39

HYBRID – AGGRESSIVE HYBRID FUNDS

HSBC Aggressive Hybrid Fund

55.8

5569

1.9

0.8

3.2

15.2

12.0

11.0

0.40

EQUITY – THEMATIC – INFRASTRUCTURE FUNDS

HSBC Infrastructure Fund

45.3

2271

2.1

1.1

-3.0

21.3

22.4

15.6

0.64

EQUITY – THEMATIC – CONSUMPTION FUNDS

ICICI Prudential FMCG Fund

446.1

1908

2.2

1.3

-7.9

5.0

10.2

11.0

0.39

HYBRID – AGGRESSIVE HYBRID FUNDS

LIC MF Aggressive Hybrid Fund

198.8

534

2.5

1.4

5.7

13.5

10.1

9.8

0.41

EQUITY – SECTOR – BANKING FUNDS

LIC MF Banking & Financial Services Fund

22.3

279

2.5

1.2

19.3

12.5

12.7

10.7

0.37

EQUITY – FLEXI CAP FUNDS

LIC MF Flexi Cap Fund

100.4

1063

2.3

1.3

0.8

15.4

11.8

10.8

0.38

EQUITY – MID CAP FUNDS

LIC MF Midcap Fund

28.6

346

2.5

1.4

-2.9

19.3

16.2

–

0.49

EQUITY – SMALL CAP FUNDS

LIC MF Small Cap Fund

28.4

619

2.4

1.0

-15.0

16.1

20.3

–

0.55

HYBRID – BALANCED ADVANTAGE FUNDS

Motilal Oswal Balanced Advantage Fund

19.1

872

2.3

1.0

-6.6

7.5

5.6

–

0.16

EQUITY – FOCUSED FUNDS

Motilal Oswal Focused Fund

43.6

1513

2.1

1.0

-1.0

9.4

8.0

10.9

0.22

EQUITY – LARGE & MID CAP FUNDS

Navi Large & Midcap Fund

35.2

315

2.3

0.5

0.7

12.5

14.3

13.3

0.50

HYBRID – EQUITY SAVINGS FUNDS

Nippon India Equity Savings Fund

16.3

920

1.8

0.7

6.2

8.6

7.9

4.9

0.60

HYBRID – AGGRESSIVE HYBRID FUNDS

PGIM India Aggressive Hybrid Equity Fund

129.7

215

2.3

0.8

3.7

11.2

9.6

9.2

0.36

EQUITY – LARGE CAP FUNDS

PGIM India Large Cap Fund

344.4

598

2.4

0.8

7.2

11.1

10.4

11.3

0.37

EQUITY – DIVIDEND YIELD FUNDS

Sundaram Dividend Yield Fund

137.9

919

2.3

1.1

3.5

16.3

15.4

15.2

0.59

EQUITY – FLEXI CAP FUNDS

Taurus Flexi Cap Fund

220.7

357

2.6

-1.9

12.6

12.3

9.8

0.41

EQUITY – MID CAP FUNDS

Taurus Mid Cap Fund

118.1

129

2.6

2.1

1.5

15.3

15.5

14.6

0.47

EQUITY – TAX SAVING (ELSS) FUNDS

UTI ELSS Tax Saver Fund

208.0

3762

1.9

0.9

4.2

13.7

12.5

12.7

0.43

EQUITY – THEMATIC – INFRASTRUCTURE FUNDS

UTI Infrastructure Fund

140.2

2171

2.2

1.9

4.2

18.1

19.1

13.7

0.64

EQUITY – THEMATIC – MNC FUNDS

Aditya Birla Sun Life MNC Fund

–

1303.8

3577

2.0

1.3

-2.1

12.0

7.6

8.5

0.27

HYBRID – AGGRESSIVE HYBRID FUNDS

Axis Aggressive Hybrid Fund

–

20.7

1550

2.2

1.1

5.4

11.6

9.5

–

0.36

EQUITY – LARGE & MID CAP FUNDS

Axis Large & Mid Cap Fund

–

32.9

15616

1.7

0.6

4.7

19.6

16.6

–

0.52

HYBRID – CONSERVATIVE HYBRID FUNDS

Bank of India Conservative Hybrid Fund

–

34.4

2.1

1.2

4.2

7.1

10.0

7.4

0.87

EQUITY – SMALL CAP FUNDS

Bank of India Small Cap Fund

–

43.7

1939

2.0

0.5

-9.1

18.0

21.2

–

0.56

HYBRID – BALANCED ADVANTAGE FUNDS

Baroda BNP Paribas Balanced Advantage Fund

–

24.9

4748

1.9

0.8

7.5

13.8

11.6

–

0.54

EQUITY – THEMATIC – CONSUMPTION FUNDS

Baroda BNP Paribas India Consumption Fund

–

31.4

1546

2.1

0.6

-0.9

16.0

14.9

–

0.51

EQUITY – MULTI CAP FUNDS

Baroda BNP Paribas Multi Cap Fund

–

282.9

3142

2.0

0.9

-2.0

17.8

17.7

14.6

0.56

EQUITY – SMALL CAP FUNDS

Canara Robeco Small Cap Fund

–

37.6

13102

1.7

0.5

-3.3

15.2

21.4

–

0.65

EQUITY – SECTOR – PHARMA FUNDS

DSP Healthcare Fund

–

39.4

3179

1.9

0.6

-5.8

21.3

14.8

–

0.50

EQUITY – SMALL CAP FUNDS

Edelweiss Small Cap Fund

–

42.9

5459

1.8

0.4

-2.7

19.0

22.2

–

0.68

HYBRID – EQUITY SAVINGS FUNDS

Franklin India Equity Savings Fund

–

16.8

685

1.1

0.3

6.0

8.2

7.8

–

0.55

HYBRID – AGGRESSIVE HYBRID FUNDS

Groww Aggressive Hybrid Fund

–

21.0

2.4

1.3

6.0

11.3

10.6

–

0.42

EQUITY – TAX SAVING (ELSS) FUNDS

Groww ELSS Tax Saver Fund

–

19.8

2.3

0.9

0.5

13.2

11.6

–

0.38

EQUITY – VALUE FUNDS

Groww Value Fund

–

27.3

2.3

0.9

9.5

16.2

14.3

10.4

0.52

EQUITY – LARGE & MID CAP FUNDS

HSBC Large & Mid Cap Fund

–

26.9

4658

1.9

0.8

-0.4

19.9

16.5

–

0.45

EQUITY – TAX SAVING (ELSS) FUNDS

HSBC Tax Saver Equity Fund

–

94.1

244

2.5

1.8

1.2

18.4

16.2

13.9

0.52

EQUITY – MULTI CAP FUNDS

ICICI Prudential Multicap Fund

–

790.5

16263

1.7

0.9

4.3

19.2

18.4

15.0

0.69

EQUITY – SECTOR – PHARMA FUNDS

ICICI Prudential Pharma Healthcare and Diagnostics (P.H.D) Fund

–

39.4

6456

1.9

1.0

-0.1

26.8

16.7

–

0.63

EQUITY – CONTRA FUNDS

Invesco India Contra Fund

–

136.5

20658

1.6

0.5

3.8

19.5

17.1

16.3

0.61

HYBRID – EQUITY SAVINGS FUNDS

Invesco India Equity Savings Fund

–

16.7

394

2.3

0.8

0.5

10.5

7.7

–

0.42

EQUITY – MULTI CAP FUNDS

Invesco India Multicap Fund

–

124.8

4130

1.9

0.7

-6.0

16.2

15.8

13.4

0.50

EQUITY – SMALL CAP FUNDS

Invesco India Smallcap Fund

–

40.8

9225

1.7

0.4

-2.4

23.3

24.0

–

0.68

HYBRID – BALANCED ADVANTAGE FUNDS

Kotak Balanced Advantage Fund

–

20.9

17852

1.7

0.6

5.7

11.5

10.0

–

0.61

EQUITY – CONTRA FUNDS

Kotak Contra Fund

–

154.5

5136

1.8

0.6

7.4

20.1

18.5

16.9

0.67

HYBRID – CONSERVATIVE HYBRID FUNDS

LIC MF Conservative Hybrid Fund

–

83.3

2.3

1.4

4.4

6.7

5.5

6.5

0.34

EQUITY – DIVIDEND YIELD FUNDS

LIC MF Dividend Yield Fund

–

30.3

689

2.3

0.7

1.2

20.6

16.6

–

0.57

HYBRID – EQUITY SAVINGS FUNDS

LIC MF Equity Savings Fund

–

27.8

2.4

1.2

6.4

8.9

7.6

6.9

0.43

EQUITY – SECTOR – PHARMA FUNDS

LIC MF Healthcare Fund

–

29.1

2.5

1.2

-4.0

19.7

11.2

–

0.36

EQUITY – VALUE FUNDS

LIC MF Value Fund

–

24.1

199

2.5

1.4

-6.7

13.4

14.5

–

0.43

EQUITY – THEMATIC – CONSUMPTION FUNDS

Mahindra Manulife Consumption Fund

–

22.4

559

2.4

0.6

-0.6

15.2

14.4

–

0.51

EQUITY – LARGE CAP FUNDS

Mahindra Manulife Large Cap Fund

–

23.6

756

2.3

0.6

8.6

14.1

13.5

–

0.51

EQUITY – MULTI CAP FUNDS

Mahindra Manulife Multi Cap Fund

–

35.9

6133

1.8

0.4

5.3

19.7

20.3

–

0.61

HYBRID – EQUITY SAVINGS FUNDS

Mirae Asset Equity Savings Fund

–

20.8

1865

1.4

0.4

8.4

11.0

10.2

–

0.73

EQUITY – SECTOR – PHARMA FUNDS

Mirae Asset Healthcare Fund

–

38.4

2771

1.9

0.5

-1.4

21.7

14.6

–

0.50

EQUITY – TAX SAVING (ELSS) FUNDS

Navi ELSS Tax Saver Fund

–

29.3

2.3

0.4

2.9

12.4

11.5

11.4

0.40

EQUITY – FLEXI CAP FUNDS

Navi Flexi Cap Fund

–

23.3

263

2.2

0.6

4.6

12.4

12.8

–

0.46

EQUITY – MULTI CAP FUNDS

Nippon India Multi Cap Fund

–

293.7

50352

1.5

0.7

3.8

20.9

23.5

15.2

0.82

EQUITY – SECTOR – PHARMA FUNDS

Nippon India Pharma Fund

–

510.1

8265

1.8

0.9

-2.2

21.7

14.3

13.5

0.50

HYBRID – EQUITY SAVINGS FUNDS

PGIM India Equity Savings Fund

–

50.3

1.3

0.6

6.0

7.0

7.1

0.82

EQUITY – FLEXI CAP FUNDS

Quant Flexi Cap Fund

–

96.7

6700

1.8

0.7

2.4

14.5

20.4

18.2

0.61

EQUITY – MULTI CAP FUNDS

Quant Multi Cap Fund

–

594.3

8188

1.8

0.7

-5.9

8.8

16.2

16.1

0.47

EQUITY – CONTRA FUNDS

SBI Contra Fund

–

391.0

49967

1.5

0.7

5.4

19.4

22.7

16.8

0.96

EQUITY – SECTOR – PHARMA FUNDS

SBI Healthcare Opportunities Fund

–

421.2

3989

1.9

0.9

-3.7

23.4

15.6

11.2

0.58

EQUITY – THEMATIC – MNC FUNDS

SBI MNC Fund

–

349.9

5829

1.9

1.2

-4.9

7.6

9.6

10.2

0.34

HYBRID – AGGRESSIVE HYBRID FUNDS

Shriram Aggressive Hybrid Fund

–

32.0

2.4

0.9

3.5

11.3

9.5

9.8

0.36

EQUITY – TAX SAVING (ELSS) FUNDS

Shriram ELSS Tax Saver Fund

–

21.2

2.3

0.8

-3.7

10.6

9.8

–

0.28

EQUITY – FLEXI CAP FUNDS

Shriram Flexi Cap Fund

–

20.3

137

2.4

0.8

-4.3

10.5

10.1

–

0.29

HYBRID – CONSERVATIVE HYBRID FUNDS

Sundaram Conservative Hybrid Fund

–

29.8

1.9

0.9

3.8

6.8

7.3

6.6

0.65

EQUITY – MULTI CAP FUNDS

Sundaram Multi Cap Fund

–

382.1

2908

2.0

0.9

4.2

17.0

17.4

15.2

0.60

EQUITY – VALUE FUNDS

Sundaram Value Fund

–

222.3

1477

2.3

1.7

5.8

12.8

13.7

12.1

0.53

HYBRID – BALANCED ADVANTAGE FUNDS

Tata Balanced Advantage Fund

–

20.8

9691

1.7

0.4

5.6

10.6

10.3

–

0.70

EQUITY – FLEXI CAP FUNDS

Tata Flexi Cap Fund

–

24.7

3699

1.9

0.6

9.6

16.1

13.2

–

0.49

EQUITY – SECTOR – PHARMA FUNDS

Tata India Pharma & Healthcare Fund

–

30.1

1311

2.1

0.6

-3.4

21.7

14.3

11.8

0.50

EQUITY – SMALL CAP FUNDS

Tata Small Cap Fund

–

36.2

11324

1.7

0.3

-11.4

14.8

22.0

–

0.64

EQUITY – SECTOR – BANKING FUNDS

Taurus Banking & Financial Services Fund

–

54.4

2.4

1.6

12.7

11.8

12.2

13.7

0.37

EQUITY – TAX SAVING (ELSS) FUNDS

Taurus ELSS Tax Saver Fund

–

179.8

2.4

1.8

-0.8

14.9

13.5

13.3

0.52

EQUITY – THEMATIC – INFRASTRUCTURE FUNDS

Taurus Infrastructure Fund

–

65.4

2.5

1.9

-1.2

17.3

17.7

14.7

0.53

EQUITY – LARGE CAP FUNDS

Taurus Large Cap Fund

–

159.1

2.6

2.4

4.8

13.9

12.7

10.3

0.41

HYBRID – EQUITY SAVINGS FUNDS

Union Equity Savings Fund

–

17.1

144

2.0

1.5

4.9

8.0

6.7

–

0.44

EQUITY – VALUE FUNDS

Union Value Fund

–

28.6

371

2.5

1.3

7.2

17.4

17.0

–

0.62

HYBRID – EQUITY SAVINGS FUNDS

UTI Equity Savings Fund

–

18.9

810

1.7

0.6

7.9

10.8

10.2

–

0.87

EQUITY – SECTOR – PHARMA FUNDS

UTI Healthcare Fund

–

282.0

1102

2.3

1.3

-3.1

23.5

14.0

11.8

0.48

EQUITY – THEMATIC – MNC FUNDS

UTI MNC Fund

–

398.6

2856

2.0

1.3

3.2

13.3

11.6

10.5

0.44

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Tapping Into Special-Situation Opportunities

by Hansraj Agrawal | Jan 3, 2026 | Share Market

Special-situation funds follow an event-driven investment approach, seeking opportunities created by temporary disruptions rather than long-term market cycles. They invest in companies facing short-term stress due to factors such as corporate restructuring, sector-wide shocks, policy changes, or geopolitical events. These situations often trigger sell-offs, pushing stock prices below conservative estimates of intrinsic value.

Currently, there are seven mutual fund schemes following this theme, each adopting a distinctive investment approach. One of the better-performing funds in this category is ICICI Prudential India Opportunities Fund (IIOF). Completing seven years, IIOF has delivered a compounded annualised return of 21 per cent since its launch in January 2019. It is also the largest fund in the category, managing ₹33,946 crore as of November 2025.

Four-bucket approach

IIOF identifies special-situation opportunities arising from temporary, non-recurring disruptions that create sharp mispricing in fundamentally sound businesses. Once a special situation is identified, the fund estimates intrinsic value using a combination of discounted cash flow (DCF) analysis and qualitative assessment. Intrinsic value is viewed not as a single point estimate, but as a range—bear, base and bull cases—which guides entry, accumulation and exit decisions.

These opportunities are broadly classified into four buckets.

Company-specific

These situations are typically triggered by governance scares, management issues or one-off controversies rather than deterioration in the underlying business. An analysis of the fund’s portfolio shows that it added Infosys in October 2019, when the stock corrected sharply following whistleblower allegations. Investor reaction was emotional, leading to a steep short-term sell-off. However, internal research indicated that governance standards remained strong and the allegations were largely benign. The fund used this panic-driven dislocation to accumulate the stock and exited the position about four months later at levels well above the pre-crisis price.

Sector-specific

These arise when an external shock impacts an entire industry. For instance, during the Covid period, semiconductor supply disruptions led to production cuts, margin pressure and earnings uncertainty for auto manufacturers. Stock prices reflected this pessimism. As supply chains normalised and demand remained resilient, the sector recovered meaningfully. The fund benefited by adding Mahindra & Mahindra in March 2022 and gradually exited the position over the next five months, booking gains of over 50 per cent.

Regulator/govt-driven

These situations occur when policy actions or regulatory interventions temporarily impair profitability or sentiment across a sector. Examples include oil marketing companies facing limited pricing flexibility due to fuel price controls during 2018–22 and 2022–24, telecom companies burdened by regulatory dues and pricing wars during 2022–24, and life insurance companies undergoing heightened scrutiny over mis-selling practices in 2023–24. Such phases often push stocks to irrationally low levels. The fund benefited by tactically positioning in stocks such as Indian Oil Corporation, Bharat Petroleum, Bharti Airtel, HDFC Life and SBI Life.

Global macro/geopolitics

The fund also benefited from global events such as the US–China trade war, Brexit and geopolitical conflicts, which disrupted supply chains, commodity prices and demand patterns. These events led to sharp corrections in sectors such as metals, autos and energy, creating attractive entry opportunities.

Exit strategy

Exit decisions are driven not by the resolution of the special situation, but by the stock approaching its intrinsic value. The fund’s portfolio analysis shows that stocks can remain in the portfolio even after the special situation has played out. According to the fund manager, a special situation serves only as an entry trigger, not a condition for continued ownership. As a result, several stocks in the current portfolio may not display any visible special situation today, but were acquired during periods of valuation dislocation.

Risks

Special-situation funds carry unique risks despite their potential to generate high alpha. The biggest risk is mistaking a structural problem for a temporary one, which can lead to permanent capital loss if a turnaround fails. Event risk is another concern, where regulatory, legal or governance issues worsen instead of improving. Timing risk is also significant, as markets may take longer than expected to normalise. Finally, behavioural risks such as overconfidence in research or anchoring to intrinsic value estimates can impair judgment.

These funds tend to underperform when expected events are delayed or fail to materialise, market volatility stays high, liquidity tightens, or valuations normalise faster than fundamentals, reducing the scope for mispricing-led gains.

Portfolio construction

IIOF is sector and market-cap-agnostic, with allocations driven by stock-level opportunities. Banks, IT and insurance are the top sector exposures. As of November 2025, large-, mid- and small-cap allocations stood at 68 per cent, 19 per cent and 13 per cent, respectively.

Although the portfolio holds around 70 stocks, it is meaningfully concentrated at the top. The fund follows a long-tail structure, with the top 15 holdings accounting for roughly 58–65 per cent of the portfolio (58 per cent as of November 2025), reflecting high conviction in select ideas.

Performance

IIOF topped the performance table with an average five-year rolling CAGR return of 28 per cent, calculated using the last seven years of data, compared with 20 per cent for its benchmark, the Nifty 500 Total Return Index. On costs, the regular-plan expense ratio stood at 1.56 per cent, below the peer average of 2.1 per cent, while the direct-plan expense ratio was 0.65 per cent, lower than the category average of 1 per cent.

Investing in this fund requires patience, as opportunity-driven ideas take time to play out. Given its thematic nature, it is best suited as a satellite allocation with a recommended holding period of five years or more. A systematic investment route is the preferred mode.

Published on January 3, 2026

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Mutual Funds returns

by Hansraj Agrawal | Jan 3, 2026 | Share Market

DEBT – DYNAMIC BOND FUNDS

360 ONE Dynamic Bond Fund

23.3

652

0.5

0.3

8.5

9.1

8.2

6.8

3.87

DEBT – CORPORATE BOND FUNDS

Aditya Birla Sun Life Corporate Bond Fund

116.0

30554

0.5

0.3

7.4

7.9

7.7

6.2

–

DEBT – DYNAMIC BOND FUNDS

Aditya Birla Sun Life Dynamic Bond Fund

47.4

1915

1.2

0.6

7.1

8.0

7.6

6.7

21.89

DEBT – ULTRA SHORT DURATION FUNDS

Aditya Birla Sun Life Savings Fund

566.4

23785

0.6

0.3

7.4

7.6

7.5

6.2

11.23

DEBT – MEDIUM DURATION FUNDS

Axis Strategic Bond Fund

28.9

1941

1.3

0.7

8.3

8.5

8.1

6.6

51.00

DEBT – CREDIT RISK FUNDS

Baroda BNP Paribas Credit Risk Fund

23.0

199

1.6

0.9

8.1

7.9

9.4

58.43

DEBT – ULTRA SHORT DURATION FUNDS

Baroda BNP Paribas Ultra Short Duration Fund

1590.0

1071

0.5

0.3

7.0

7.2

6.0

1.41

DEBT – BANKING AND PSU FUNDS

ICICI Prudential Banking & PSU Debt Fund

33.8

9721

0.7

0.4

7.7

7.6

6.2

–

DEBT – FLOATER FUNDS

ICICI Prudential Floating Interest Fund

439.1

7340

0.9

0.3

7.8

7.9

7.8

6.3

9.77

DEBT – GILT FUNDS

ICICI Prudential Gilt Fund

104.9

9215

1.1

0.6

7.0

7.5

7.8

6.1

–

DEBT – LOW DURATION FUNDS

ICICI Prudential Savings Fund

562.5

30206

0.6

0.4

7.7

7.8

6.3

8.41

DEBT – SHORT DURATION FUNDS

ICICI Prudential Short Term Fund

62.2

23702

1.1

0.5

8.0

7.9

7.7

6.3

9.58

DEBT – BANKING AND PSU FUNDS

Kotak Banking and PSU Debt Fund

67.4

5701

0.8

0.4

7.7

7.8

7.5

6.0

–

DEBT – CORPORATE BOND FUNDS

Nippon India Corporate Bond Fund

61.7

11276

0.8

0.4

7.8

8.1

7.8

6.5

–

DEBT – MONEY MARKET FUNDS

Nippon India Money Market Fund

4287.7

24261

0.4

0.2

7.4

7.5

6.3

–

DEBT – ULTRA SHORT DURATION FUNDS

Nippon India Ultra Short Duration Fund

4150.5

13682

1.1

0.4

6.8

7.0

6.9

6.6

18.78

DEBT – GILT FUNDS

SBI Gilt Fund

66.3

11033

1.0

0.5

4.6

6.8

7.0

5.6

–

DEBT – LOW DURATION FUNDS

UTI Low Duration Fund

3666.3

3184

0.4

0.3

7.5

7.6

7.4

7.1

8.70

DEBT – MEDIUM TO LONG DURATION FUNDS

UTI Medium to Long Duration Fund

74.3

313

1.6

1.2

5.7

7.1

6.8

7.9

4.87

DEBT – MONEY MARKET FUNDS

UTI Money Market Fund

3186.9

22198

0.2

0.1

7.5

7.6

7.5

6.3

–

DEBT – SHORT DURATION FUNDS

UTI Short Duration Fund

32.6

3374

0.8

0.4

7.4

7.6

7.4

6.8

4.18

DEBT – BANKING AND PSU FUNDS

Aditya Birla SL Bank & PSU Debt

376.7

9235

0.7

0.4

7.3

7.6

7.3

5.8

–

DEBT – MONEY MARKET FUNDS

Aditya Birla Sun Life Money Manager Fund

382.2

32711

0.4

0.2

7.4

7.5

6.2

–

DEBT – SHORT DURATION FUNDS

Aditya Birla Sun Life Short Term Fund

49.1

11363

1.0

0.4

7.8

7.5

6.1

9.97

DEBT – GILT FUNDS

Axis Gilt Fund

25.8

599

0.8

0.4

5.4

7.7

7.4

5.4

–

DEBT – MONEY MARKET FUNDS

Axis Money Market Fund

1478.4

24194

0.3

0.2

7.4

7.6

7.5

6.2

–

DEBT – SHORT DURATION FUNDS

Axis Short Duration Fund

31.9

12692

0.9

0.4

8.1

8.0

7.6

6.0

5.20

DEBT – LOW DURATION FUNDS

Axis Treasury Advantage Fund

3196.0

7365

0.7

0.4

7.5

7.6

7.4

6.0

6.19

DEBT – GILT FUNDS

Baroda BNP Paribas Gilt Fund

43.0

1327

0.5

0.1

5.6

7.7

7.4

5.1

–

DEBT – GILT FUNDS

DSP Gilt Fund

96.5

1345

1.2

0.6

4.7

7.5

7.2

5.5

–

DEBT – LOW DURATION FUNDS

DSP Low Duration Fund

20.4

6551

0.6

0.3

7.1

7.3

7.1

5.8

–

DEBT – GILT FUNDS

Edelweiss Government Securities Fund

24.6

155

1.2

0.5

3.9

6.9

6.6

5.2

–

DEBT – BANKING AND PSU FUNDS

HDFC Banking and PSU Debt Fund

23.7

5835

0.8

0.4

7.5

7.6

7.4

5.8

–

DEBT – CORPORATE BOND FUNDS

HDFC Corporate Bond Fund

33.4

36382

0.6

0.4

7.4

7.9

7.7

6.0

–

DEBT – FLOATER FUNDS

HDFC Floating Rate Debt Fund

51.6

15773

0.5

0.3

7.9

8.0

7.9

6.5

9.87

DEBT – LOW DURATION FUNDS

HDFC Low Duration Fund

59.5

25757

1.0

0.5

7.2

7.3

7.2

5.9

11.37

DEBT – SHORT DURATION FUNDS

HDFC Short Term Debt Fund

33.0

18412

0.7

0.4

7.8

8.0

7.7

6.1

7.79

DEBT – ULTRA SHORT DURATION FUNDS

HDFC Ultra Short Term Fund

15.6

18875

0.7

0.4

6.9

7.2

7.1

5.9

4.44

DEBT – ULTRA SHORT DURATION FUNDS

HSBC Ultra Short Duration Fund

1395.5

4059

0.4

0.2

6.9

7.2

7.1

5.9

–

DEBT – DYNAMIC BOND FUNDS

ICICI Prudential All Seasons Bond Fund

37.9

14983

1.3

0.6

7.3

7.7

6.4

20.85

DEBT – MEDIUM TO LONG DURATION FUNDS

ICICI Prudential Bond Fund

41.1

2921

1.0

0.6

6.9

7.7

5.8

–

DEBT – CORPORATE BOND FUNDS

ICICI Prudential Corporate Bond Fund

30.8

35278

0.6

0.4

8.0

7.9

6.4

–

DEBT – CREDIT RISK FUNDS

ICICI Prudential Credit Risk Fund

33.2

5936

1.4

0.8

9.5

9.0

8.4

7.3

61.91

DEBT – MEDIUM DURATION FUNDS

ICICI Prudential Medium Term Bond Fund

46.6

5796

1.4

0.7

9.0

8.5

8.0

6.7

36.24

DEBT – MONEY MARKET FUNDS

ICICI Prudential Money Market Fund

392.1

36029

0.3

0.2

7.4

7.5

6.2

–

DEBT – ULTRA SHORT DURATION FUNDS

ICICI Prudential Ultra Short Term Fund

28.6

19711

0.8

0.4

7.1

7.3

7.1

6.0

9.84

DEBT – CORPORATE BOND FUNDS

Kotak Corporate Bond Fund

3887.8

19195

0.7

0.4

7.9

8.0

7.7

6.1

–

DEBT – MEDIUM DURATION FUNDS

Kotak Medium Term Fund

23.6

2083

1.6

0.7

8.9

8.0

6.4

36.52

DEBT – BANKING AND PSU FUNDS

Nippon India Banking and PSU Fund

21.3

5582

0.8

0.4

7.3

7.6

7.3

5.8

–

DEBT – CREDIT RISK FUNDS

Nippon India Credit Risk Fund

36.3

1013

1.5

0.7

8.9

8.6

8.4

8.5

61.11

DEBT – DYNAMIC BOND FUNDS

Nippon India Dynamic Bond Fund

38.1

4242

0.8

0.4

7.0

8.1

7.6

5.6

–

DEBT – LOW DURATION FUNDS

Nippon India Low Duration Fund

3862.4

12254

1.0

0.4

7.2

7.3

7.1

5.9

8.29

DEBT – SHORT DURATION FUNDS

Nippon India Short Duration Fund

54.4

9796

1.0

0.4

7.9

7.5

6.0

7.12

DEBT – DYNAMIC BOND FUNDS

Quantum Dynamic Bond Fund

21.8

118

1.0

0.5

6.0

7.6

7.4

6.0

–

DEBT – MEDIUM TO LONG DURATION FUNDS

SBI Medium to Long Duration Fund

71.8

2169

1.5

0.8

5.9

7.0

7.1

5.5

22.87

DEBT – MONEY MARKET FUNDS

Tata Money Market Fund

4876.5

40598

0.4

0.2

7.4

7.5

6.2

–

DEBT – ULTRA SHORT DURATION FUNDS

UTI Ultra Short Duration Fund

4363.7

4788

1.0

0.3

6.6

6.9

6.2

6.56

DEBT – GILT FUNDS

Aditya Birla Sun Life G-Sec Fund

80.8

1837

1.1

0.5

3.2

6.1

6.4

4.9

–

DEBT – MEDIUM TO LONG DURATION FUNDS

Aditya Birla Sun Life Income Fund

126.9

2165

1.1

0.7

5.3

6.8

6.7

5.3

–

DEBT – LOW DURATION FUNDS

Aditya Birla Sun Life Low Duration Fund

676.6

15556

1.2

0.4

7.0

6.9

5.7

11.67

DEBT – CORPORATE BOND FUNDS

Axis Corporate Bond Fund

17.6

10089

1.0

0.4

7.9

8.0

7.6

6.0

–

DEBT – DYNAMIC BOND FUNDS

Axis Dynamic Bond Fund

30.3

1203

0.6

0.3

7.2

7.8

7.4

5.6

–

DEBT – ULTRA SHORT DURATION FUNDS

Axis Ultra Short Duration Fund

15.2

6924

1.2

0.4

6.6

6.8

6.7

5.5

8.91

DEBT – BANKING AND PSU FUNDS

Bandhan Banking and PSU Fund

25.3

12818

0.7

0.4

7.1

7.3

7.1

5.7

–

DEBT – LOW DURATION FUNDS

Bandhan Low Duration Fund

39.8

7046

0.7

0.3

7.2

7.1

5.8

–

DEBT – SHORT DURATION FUNDS

Bandhan Short Duration Fund

58.7

10530

0.8

0.3

7.4

7.6

7.4

5.6

–

DEBT – ULTRA SHORT DURATION FUNDS

Bandhan Ultra Short Duration Fund

15.7

4483

0.5

0.3

6.9

7.2

7.1

5.8

–

DEBT – CORPORATE BOND FUNDS

Baroda BNP Paribas Corporate Bond Fund

28.3

492

0.6

0.2

8.3

7.8

5.4

–

DEBT – DYNAMIC BOND FUNDS

Baroda BNP Paribas Dynamic Bond Fund

46.0

196

1.7

0.7

4.7

6.5

6.6

4.8

–

DEBT – SHORT DURATION FUNDS

Baroda BNP Paribas Short Duration Fund

30.1

308

1.1

0.4

7.5

7.6

7.4

5.7

1.65

DEBT – LOW DURATION FUNDS

Canara Robeco Savings Fund

43.5

1388

0.5

0.2

7.2

7.3

7.2

5.7

–

DEBT – BANKING AND PSU FUNDS

DSP Banking & PSU Debt Fund

24.7

4154

0.6

0.3

6.8

7.8

7.4

5.7

–

DEBT – MONEY MARKET FUNDS

DSP Savings Fund

54.3

8628

0.4

0.2

7.0

7.2

5.8

–

DEBT – ULTRA SHORT DURATION FUNDS

DSP Ultra Short Fund

3503.7

4250

1.0

0.3

6.7

6.8

5.4

7.81

DEBT – BANKING AND PSU FUNDS

Edelweiss Banking and PSU Debt Fund

25.3

476

0.7

0.4

7.4

7.8

7.3

5.8

–

DEBT – BANKING AND PSU FUNDS

Franklin India Banking & PSU Debt Fund

23.2

485

0.5

0.2

7.9

7.8

7.5

5.9

10.77

DEBT – CORPORATE BOND FUNDS

Franklin India Corporate Debt Fund

102.9

1309

0.8

0.3

9.1

8.4

7.8

6.0

8.83

DEBT – FLOATER FUNDS

Franklin India Floating Rate Fund

42.1

317

1.0

0.3

8.0

8.1

7.8

6.2

16.05

DEBT – MONEY MARKET FUNDS

Franklin India Money Market Fund

51.8

4422

0.3

0.1

7.4

7.5

7.4

6.1

–

DEBT – CREDIT RISK FUNDS

HDFC Credit Risk Debt Fund

24.9

7013

1.6

1.0

7.9

8.0

7.6

6.7

56.36

DEBT – DYNAMIC BOND FUNDS

HDFC Dynamic Debt Fund

90.3

758

1.4

0.8

4.8

6.7

6.6

5.8

–

DEBT – GILT FUNDS

HDFC Gilt Fund

55.9

2939

0.9

0.5

5.3

7.0

4.9

–

DEBT – MEDIUM DURATION FUNDS

HDFC Medium Term Debt Fund

58.0

3885

1.3

0.7

7.7

7.8

7.5

6.1

29.81

DEBT – MONEY MARKET FUNDS

HDFC Money Market Fund

5902.8

37517

0.4

0.2

7.3

7.5

7.4

6.2

–

DEBT – DYNAMIC BOND FUNDS

HSBC Dynamic Bond Fund

30.0

170

0.8

0.2

5.7

7.2

6.9

4.9

–

DEBT – MEDIUM DURATION FUNDS

HSBC Medium Duration Fund

21.0

788

1.0

0.4

7.8

8.0

7.7

6.0

32.14

DEBT – SHORT DURATION FUNDS

HSBC Short Duration Fund

27.2

4539

0.7

0.3

7.7

7.6

7.3

5.5

–

DEBT – CORPORATE BOND FUNDS

Invesco India Corporate Bond Fund

3267.8

8043

0.7

0.3

7.6

7.8

7.4

5.7

–

DEBT – LOW DURATION FUNDS

Invesco India Low Duration Fund

3903.4

1742

0.6

0.3

7.2

7.4

7.2

5.8

8.40

DEBT – MONEY MARKET FUNDS

Invesco India Money Market Fund

3143.4

5326

0.4

0.2

7.1

7.3

7.2

5.8

–

DEBT – ULTRA SHORT DURATION FUNDS

Invesco India Ultra Short Duration Fund

2777.5

1603

0.8

0.2

6.8

7.1

7.0

5.6

9.66

DEBT – LOW DURATION FUNDS

JM Low Duration Fund

38.2

181

0.9

0.4

7.2

7.0

5.6

9.68

DEBT – MEDIUM TO LONG DURATION FUNDS

Kotak Bond Fund

77.8

2052

1.7

0.7

5.5

6.9

6.8

4.9

–

DEBT – SHORT DURATION FUNDS

Kotak Bond Short Term Fund

53.6

18538

1.1

0.4

7.3

7.5

7.2

5.5

–

DEBT – DYNAMIC BOND FUNDS

Kotak Dynamic Bond Fund

38.2

2779

1.3

0.6

6.1

7.6

7.2

5.5

–

DEBT – FLOATER FUNDS

Kotak Floating Rate Fund

1564.0

2993

0.6

0.3

8.2

7.9

6.2

9.86

DEBT – LOW DURATION FUNDS

Kotak Low Duration Fund

3445.0

15809

1.2

0.4

7.0

7.2

7.0

5.7

9.88

DEBT – MONEY MARKET FUNDS

Kotak Money Market Fund

4638.1

36157

0.4

0.2

7.4

7.5

6.2

–

DEBT – ULTRA SHORT DURATION FUNDS

Kotak Savings Fund

44.2

16008

0.8

0.4

6.8

7.0

6.9

5.7

6.65

DEBT – MEDIUM TO LONG DURATION FUNDS

LIC MF Medium to Long Duration Fund

73.4

201

1.2

0.2

6.0

7.7

7.2

5.1

–

DEBT – ULTRA SHORT DURATION FUNDS

Mahindra Manulife Ultra Short Duration Fund

1417.0

200

0.7

0.3

6.8

7.0

5.7

2.51

DEBT – FLOATER FUNDS

Nippon India Floater Fund

46.6

8388

0.7

0.4

7.9

8.0

7.8

6.1

–

DEBT – GILT FUNDS

Nippon India Gilt Fund

38.1

1862

1.3

0.5

3.9

6.4

4.6

–

DEBT – MEDIUM TO LONG DURATION FUNDS

Nippon India Medium to Long Duration Fund

90.6

418

1.5

0.7

5.2

6.7

4.9

–

DEBT – GILT FUNDS

PGIM India Gilt Fund

30.3

105

1.4

0.6

4.1

6.5

4.8

–

DEBT – ULTRA SHORT DURATION FUNDS

PGIM India Ultra Short Duration Fund

35.0

209

1.1

0.4

6.3

6.6

5.4

–

DEBT – BANKING AND PSU FUNDS

SBI Banking and PSU Fund

3201.8

4213

0.8

0.4

7.4

7.5

7.2

5.4

–

DEBT – CORPORATE BOND FUNDS

SBI Corporate Bond Fund

16.0

25054

0.8

0.4

7.8

7.4

5.7

–

DEBT – CREDIT RISK FUNDS

SBI Credit Risk Fund

47.1

2182

1.6

0.9

7.9

8.0

8.1

6.7

65.26

DEBT – DYNAMIC BOND FUNDS

SBI Dynamic Bond Fund

36.2

4707

1.4

0.6

5.6

7.1

7.0

5.4

–

DEBT – LOW DURATION FUNDS

SBI Low Duration Fund

3598.5

16698

1.0

0.4

7.0

7.1

7.0

5.6

0.94

DEBT – MEDIUM DURATION FUNDS

SBI Medium Duration Fund

52.7

6946

1.2

0.7

7.5

7.8

7.6

6.0

37.95

DEBT – SHORT DURATION FUNDS

SBI Short Term Debt Fund

33.1

17716

0.9

0.4

7.8

7.7

7.4

5.7

4.74

DEBT – ULTRA SHORT DURATION FUNDS

SBI Ultra Short Duration Fund

6161.0

15624

0.6

0.4

7.0

7.2

7.1

5.8

1.76

DEBT – BANKING AND PSU FUNDS

Sundaram Banking & PSU Fund

44.3

377

0.4

0.3

7.6

7.8

7.5

5.6

–

DEBT – CORPORATE BOND FUNDS

Sundaram Corporate Bond Fund

41.3

773

0.6

0.3

7.6

7.7

7.2

5.8

–

DEBT – MONEY MARKET FUNDS

Sundaram Money Market Fund

15.5

2051

0.3

0.2

7.3

7.4

7.3

6.0

–

DEBT – SHORT DURATION FUNDS

Sundaram Short Duration Fund

45.5

194

0.9

0.3

7.3

7.6

7.3

5.7

2.59

DEBT – GILT FUNDS

Tata Gilt Securities Fund

78.5

1288

1.4

0.3

4.9

6.6

6.8

4.7

–

DEBT – LOW DURATION FUNDS

Tata Treasury Advantage Fund

4052.9

3656

0.6

0.2

7.2

7.3

7.1

5.8

–

DEBT – CORPORATE BOND FUNDS

UTI Corporate Bond Fund

16.9

5747

0.6

0.3

7.8

7.5

5.9

–

DEBT – CREDIT RISK FUNDS

UTI Credit Risk Fund

17.6

261

1.6

0.9

7.4

7.6

7.3

9.3

65.89

DEBT – DYNAMIC BOND FUNDS

UTI Dynamic Bond Fund

31.5

457

1.6

0.7

6.2

7.4

6.9

8.3

–

DEBT – GILT FUNDS

UTI Gilt Fund

63.4

561

0.9

0.6

5.2

7.1

6.9

5.1

–

DEBT – FLOATER FUNDS

Aditya Birla Sun Life Floating Rate Fund

359.5

13191

0.5

0.2

7.7

7.8

7.7

6.3

–

DEBT – BANKING AND PSU FUNDS

Axis Banking & PSU Debt Fund

2711.4

13712

0.6

0.3

7.5

7.2

5.7

–

DEBT – CREDIT RISK FUNDS

Axis Credit Risk Fund

22.3

366

1.6

0.8

8.8

8.4

7.9

6.8

68.02

DEBT – CORPORATE BOND FUNDS

Bandhan Corporate Bond Fund

19.8

15865

0.7

0.3

7.4

7.5

7.3

5.6

–

DEBT – GILT FUNDS

Bandhan Gilt Fund

35.4

2275

1.1

0.5

3.8

7.3

7.0

4.8

–

DEBT – ULTRA SHORT DURATION FUNDS

BOI Ultra Short Duration

3251.3

166

0.9

0.3

6.4

6.5

6.4

5.4

16.38

DEBT – LOW DURATION FUNDS

Baroda BNP Paribas Low Duration Fund

41.3

288

1.0

0.3

6.9

5.5

5.25

DEBT – MONEY MARKET FUNDS

Baroda BNP Paribas Money Market Fund

1423.8

6018

0.4

0.2

7.3

7.2

5.7

–

DEBT – GILT FUNDS

Canara Robeco Gilt Fund

75.5

146

1.3

0.5

3.8

6.2

6.3

4.6

–

DEBT – MEDIUM TO LONG DURATION FUNDS

Canara Robeco Income Fund

55.8

121

1.9

0.8

4.4

6.0

5.8

4.2

–

DEBT – MEDIUM DURATION FUNDS

DSP Bond Fund

84.0

320

0.8

0.4

7.8

7.7

7.5

5.7

–

DEBT – SHORT DURATION FUNDS

DSP Short Term Fund

47.8

3970

1.0

0.4

7.2

7.4

7.2

5.4

–

DEBT – DYNAMIC BOND FUNDS

DSP Strategic Bond Fund

3385.8

1368

1.2

0.5

4.3

7.2

7.3

5.1

–

DEBT – MEDIUM TO LONG DURATION FUNDS

HDFC Income Fund

58.9

887

1.4

0.8

5.6

7.3

6.8

4.7

–

DEBT – CORPORATE BOND FUNDS

HSBC Corporate Bond Fund

75.4

6262

0.6

0.3

8.0

7.5

5.7

–

DEBT – MONEY MARKET FUNDS

HSBC Money Market Fund

27.3

6012

0.3

0.2

7.3

7.4

7.2

5.7

–

DEBT – GILT FUNDS

Invesco India Gilt Fund

2849.2

314

1.3

0.5

4.3

7.1

6.9

4.7

–

DEBT – SHORT DURATION FUNDS

Invesco India Short Duration Fund

3667.3

994

1.1

0.4

7.5

7.7

7.2

5.3

4.36

DEBT – CREDIT RISK FUNDS

Kotak Credit Risk Fund

30.6

720

1.7

0.8

9.0

8.0

7.5

5.7

59.25

DEBT – GILT FUNDS

Kotak Gilt Fund

95.5

3340

1.5

0.5

2.6

5.4

5.9

4.5

–

DEBT – BANKING AND PSU FUNDS

LIC MF Banking & PSU Fund

35.8

1888

0.8

0.3

7.5

7.6

7.2

5.5

–

DEBT – LOW DURATION FUNDS

LIC MF Low Duration Fund

40.7

1987

1.0

0.3

6.8

7.0

6.8

5.6

2.57

DEBT – ULTRA SHORT DURATION FUNDS

LIC MF Ultra Short Duration Fund

1358.4

195

1.0

0.3

6.4

6.6

6.4

5.3

2.68

DEBT – DYNAMIC BOND FUNDS

Mirae Asset Dynamic Bond Fund

16.6

117

1.0

0.2

7.1

6.7

4.7

–

DEBT – LOW DURATION FUNDS

Mirae Asset Low Duration Fund

2328.2

2842

0.9

0.2

7.1

7.2

7.0

5.6

4.24

DEBT – SHORT DURATION FUNDS

Mirae Asset Short Duration Fund

16.2

719

1.1

0.2

7.4

7.5

7.1

5.5

2.09

DEBT – MEDIUM DURATION FUNDS

Nippon India Medium Duration Fund

16.2

134

1.0

0.5

9.7

9.0

8.3

8.8

29.14

DEBT – DYNAMIC BOND FUNDS

PGIM India Dynamic Bond Fund

2659.6

100

1.7

0.4

5.2

7.1

6.7

4.9

–

DEBT – MONEY MARKET FUNDS

PGIM India Money Market Fund

1368.8

294

0.5

0.2

7.1

5.7

–

DEBT – MONEY MARKET FUNDS

SBI Savings Fund

42.8

36650

0.6

0.3

7.0

7.1

5.8

–

DEBT – LOW DURATION FUNDS

Sundaram Low Duration Fund

3560.8

383

1.2

0.4

6.8

7.0

6.8

5.6

3.41

DEBT – SHORT DURATION FUNDS

Tata Short Term Bond Fund

49.0

3392

1.2

0.3

6.8

7.0

5.2

–

DEBT – ULTRA SHORT DURATION FUNDS

Tata Ultra Short Term Fund

14.6

6031

1.2

0.3

6.5

6.7

5.4

6.25

DEBT – CORPORATE BOND FUNDS

Union Corporate Bond Fund

15.7

571

0.7

0.4

7.7

7.8

7.3

5.4

–

DEBT – BANKING AND PSU FUNDS

UTI Banking & PSU Fund

22.6

812

0.5

0.3

7.8

7.7

7.4

7.0

–

DEBT – ULTRA SHORT DURATION FUNDS

WhiteOak Capital Ultra Short Duration Fund

1399.5

576

1.0

0.5

6.3

6.6

6.5

5.5

–

DEBT – CREDIT RISK FUNDS

Bandhan Credit Risk Fund

16.8

255

1.7

0.7

6.2

6.8

6.4

5.3

55.33

DEBT – DYNAMIC BOND FUNDS

Bandhan Dynamic Bond Fund

34.0

2544

1.6

0.7

3.6

6.8

6.5

4.4

–

DEBT – MEDIUM DURATION FUNDS

Bandhan Medium Duration Fund

46.7

1406

1.4

0.7

6.6

7.1

6.8

4.8

–

DEBT – MEDIUM TO LONG DURATION FUNDS

Bandhan Medium to Long Duration Fund

65.2

482

2.0

1.3

4.1

6.0

3.9

–

DEBT – MONEY MARKET FUNDS

Bandhan Money Market Fund

41.6

14346

0.4

0.1

7.3

7.2

7.0

5.6

–

DEBT – CORPORATE BOND FUNDS

Canara Robeco Corporate Bond Fund

22.2

113

1.0

0.4

6.2

6.8

6.5

5.1

–

DEBT – DYNAMIC BOND FUNDS

Canara Robeco Dynamic Bond Fund

29.3

105

1.8

0.7

3.5

5.6

4.0

–

DEBT – SHORT DURATION FUNDS

Canara Robeco Short Duration Fund

26.1

435

1.0

0.4

6.9

7.0

6.8

5.2

–

DEBT – ULTRA SHORT DURATION FUNDS

Canara Robeco Ultra Short Term Fund

3905.7

568

1.0

0.3

6.4

6.6

6.5

5.2

–

DEBT – CORPORATE BOND FUNDS

DSP Corporate Bond Fund

16.5

2751

0.5

0.3

7.7

7.3

5.4

–

DEBT – MONEY MARKET FUNDS

Edelweiss Money Market Fund

29.3

1889

0.7

0.1

6.8

6.9

6.7

5.3

–

DEBT – GILT FUNDS

Franklin India Government Securities

59.6

187

1.2

0.6

5.7

6.6

6.2

4.6

–

DEBT – BANKING AND PSU FUNDS

HSBC Banking and PSU Debt Fund

25.0

4413

0.6

0.2

7.5

7.4

7.1

5.1

–

DEBT – GILT FUNDS

HSBC Gilt Fund

65.9

295

1.6

0.5

3.4

5.8

5.7

3.9

–

DEBT – LOW DURATION FUNDS

HSBC Low Duration Fund

29.6

1270

0.9

0.4

8.5

8.0

7.7

6.1

11.83

DEBT – BANKING AND PSU FUNDS

Invesco India Banking and PSU Fund

2325.9

171

0.6

0.3

7.2

7.7

7.3

5.2

–

DEBT – SHORT DURATION FUNDS

LIC MF Short Duration Fund

15.0

270

1.3

0.4

7.1

7.2

6.9

5.0

3.88

DEBT – LOW DURATION FUNDS

Mahindra Manulife Low Duration Fund

1683.4

617

1.1

0.3

6.9

7.0

6.9

5.5

8.80

DEBT – ULTRA SHORT DURATION FUNDS

Motilal Oswal Ultra Short Term Fund

16.9

566

1.0

0.3

5.4

5.7

4.6

–

DEBT – ULTRA SHORT DURATION FUNDS

Sundaram Ultra Short Duration Fund

2754.6

2363

1.5

0.2

5.9

6.2

6.1

5.0

1.32

DEBT – FLOATER FUNDS

UTI Floater Fund

1540.6

1462

0.9

0.4

7.1

7.0

5.6

–

DEBT – CREDIT RISK FUNDS

Aditya Birla Sun Life Credit Risk Fund

–

23.3

1094

1.7

0.8

13.5

12.8

10.8

9.1

56.15

DEBT – MEDIUM DURATION FUNDS

Aditya Birla Sun Life Medium Term Plan

–

41.3

2864

1.6

0.8

11.0

10.8

9.4

11.9

37.75

DEBT – FLOATER FUNDS

Bandhan Floater Fund

–

13.3

307

0.8

0.1

7.6

7.7

7.4

–

14.80

DEBT – GILT FUND WITH 10 YEAR CONSTANT DURATION

Bandhan Gilt with 10 year constant duration

–

46.7

350

0.5

0.3

7.6

8.7

8.2

5.3

–

DEBT – CREDIT RISK FUNDS

Bank of India Credit Risk Fund

–

12.6

107

1.4

1.0

6.5

6.2

6.0

25.9

60.34

DEBT – SHORT DURATION FUNDS

Bank of India Short Term Income Fund

–

27.5

248

1.0

0.5

7.0

8.0

7.3

10.1

8.13

DEBT – GILT FUND WITH 10 YEAR CONSTANT DURATION

DSP 10Y G-Sec Fund

–

22.1

0.5

0.3

6.3

7.6

4.7

–

DEBT – CREDIT RISK FUNDS

DSP Credit Risk Fund

–

50.8

209

1.2

0.4

21.0

14.2

14.7

11.1

57.79

DEBT – FLOATER FUNDS

DSP Floater Fund

–

13.6

521

0.5

0.3

7.6

8.4

8.2

–

DEBT – DYNAMIC BOND FUNDS

Groww Dynamic Bond Fund

–

1473.0

1.3

0.5

4.1

5.5

5.4

4.5

–

DEBT – SHORT DURATION FUNDS

Groww Short Duration Fund

–

2139.0

135

1.0

0.3

7.3

7.0

6.5

4.8

–

DEBT – CREDIT RISK FUNDS

HSBC Credit Risk Fund

–

33.2

523

1.6

1.0

20.3

13.5

11.1

8.4

63.02

DEBT – MEDIUM TO LONG DURATION FUNDS

HSBC Medium to Long Duration Fund Fund

–

42.6

1.3

0.7

5.5

6.6

6.2

4.1

–

DEBT – GILT FUND WITH 10 YEAR CONSTANT DURATION

ICICI Prudential Constant Maturity Gilt Fund

–

25.2

2582

0.4

0.3

7.6

8.4

8.2

5.6

–

DEBT – LONG DURATION FUNDS

ICICI Prudential Long Term Bond Fund

–

90.6

1068

1.0

0.4

5.3

7.7

7.4

4.7

–

DEBT – CREDIT RISK FUNDS

Invesco India Credit Risk Fund

–

1983.2

155

1.5

0.3

9.3

8.2

9.3

6.6

52.63

DEBT – BANKING AND PSU FUNDS

ITI Banking & PSU Debt Fund

–

13.4

0.7

0.2

6.8

7.2

6.9

5.7

–

DEBT – DYNAMIC BOND FUNDS

JM Dynamic Bond Fund

–

42.4

1.0

0.4

7.1

7.5

7.1

5.5

–

DEBT – MEDIUM TO LONG DURATION FUNDS

JM Medium to Long Duration Fund

–

63.1

1.1

0.6

6.6

7.3

7.0

4.6

–

DEBT – GILT FUNDS

LIC MF Gilt Fund

–

59.2

1.5

1.7

2.9

5.8

4.2

–

DEBT – DYNAMIC BOND FUNDS

Mahindra Manulife Dynamic Bond Fund

–

14.5

1.6

0.4

6.1

7.2

6.7

4.7

2.69

DEBT – SHORT DURATION FUNDS

Mahindra Manulife Short Duration Fund

–

13.1

1.3

0.3

7.1

7.3

7.1

–

5.82

DEBT – BANKING AND PSU FUNDS

Mirae Asset Banking and PSU Fund

–

13.3

0.8

0.4

6.9

7.4

7.0

5.4

–

DEBT – CORPORATE BOND FUNDS

Mirae Asset Corporate Bond Fund

–

13.1

0.7

0.2

7.3

7.6

7.2

–

DEBT – ULTRA SHORT DURATION FUNDS

Mirae Asset Ultra Short Duration Fund

–

1350.0

2441

0.4

0.2

7.2

7.4

7.3

6.0

2.26

DEBT – LONG DURATION FUNDS

Nippon India Nivesh Lakshya LD

–

17.9

9420

0.6

0.3

4.2

7.8

7.5

5.1

–

DEBT – CORPORATE BOND FUNDS

PGIM India Corporate Bond Fund

–

44.3

1.0

0.2

7.3

7.5

7.1

5.7

–

DEBT – GILT FUND WITH 10 YEAR CONSTANT DURATION

SBI Constant Maturity 10 Year Gilt Fund

–

64.8

1850

0.6

0.3

6.8

8.0

7.8

5.3

–

DEBT – FLOATER FUNDS

SBI Floating Rate Debt Fund

–

13.7

793

0.4

0.3

6.9

7.5

6.1

–

DEBT – MEDIUM DURATION FUNDS

Sundaram Medium Duration Fund

–

70.3

1.8

1.1

5.7

6.0

5.8

3.9

2.76

DEBT – BANKING AND PSU FUNDS

TRUSTMF Banking & PSU Fund

–

1304.6

131

0.7

0.2

7.3

7.1

–

DEBT – DYNAMIC BOND FUNDS

Union Dynamic Bond Fund

–

23.3

104

1.6

1.3

4.2

6.3

4.2

–

DEBT – MEDIUM DURATION FUNDS

UTI Medium Duration Fund

–

18.7

1.5

0.8

6.5

7.0

6.8

5.8

22.28

SOLUTION ORIENTED – CHILDREN’S FUNDS

Axis Children’s Fund

–

26.8

931

2.3

1.4

4.6

11.1

10.0

10.2

0.35

SOLUTION ORIENTED – RETIREMENT FUNDS

Franklin India Retirement Fund

–

222.5

522

2.3

1.5

4.0

10.4

8.8

8.4

0.52

SOLUTION ORIENTED – CHILDREN’S FUNDS

HDFC Children’s Fund

–

298.9

10632

1.7

0.9

1.5

14.6

15.2

13.5

0.70

SOLUTION ORIENTED – RETIREMENT FUNDS

HDFC Retirement Savings Fund – Equity Plan

–

52.1

7055

1.8

0.7

4.0

18.0

20.6

–

0.81

SOLUTION ORIENTED – RETIREMENT FUNDS

HDFC Retire Savings-Hybrid-Debt

–

22.0

162

2.2

1.1

4.9

8.7

7.7

–

0.72

SOLUTION ORIENTED – RETIREMENT FUNDS

HDFC Retirement Savings-Hybrid-Eq

–

39.7

1748

2.1

0.9

4.5

14.5

14.4

–

0.66

SOLUTION ORIENTED – CHILDREN’S FUNDS

ICICI Prudential Children’s Fund

–

333.4

1424

2.2

1.4

7.3

17.8

15.9

12.5

0.71

SOLUTION ORIENTED – CHILDREN’S FUNDS

LIC MF Children’s Fund

–

32.9

2.5

1.6

-6.9

11.3

9.5

8.7

0.30

SOLUTION ORIENTED – RETIREMENT FUNDS

LIC MF Unit Linked Insurance Scheme

–

36.6

467

2.4

1.4

10.2

11.1

10.0

0.44

SOLUTION ORIENTED – RETIREMENT FUNDS

Nippon Ind Retire-Income Gene

–

20.3

150

2.1

1.0

3.4

8.2

6.2

7.0

0.35

SOLUTION ORIENTED – RETIREMENT FUNDS

Nippon Ind Retire-Wealth Cre

–

29.3

3244

1.9

1.0

0.4

17.2

16.6

11.1

0.54

SOLUTION ORIENTED – CHILDREN’S FUNDS

SBI Mag Children’s Benefit – Sav

–

111.0

132

1.2

0.9

3.1

12.3

11.3

11.2

1.07

SOLUTION ORIENTED – CHILDREN’S FUNDS

Tata Children’s Fund

–

61.6

367

2.6

2.1

-0.1

13.1

14.3

11.3

0.48

SOLUTION ORIENTED – RETIREMENT FUNDS

Tata Retirement Savings Con

–

32.0

174

2.2

1.0

3.0

8.4

6.5

7.8

0.37

SOLUTION ORIENTED – RETIREMENT FUNDS

Tata Retirement Savings Fund Moderate Plan

–

65.0

2191

2.0

0.6

-0.6

14.7

12.2

12.3

0.44

SOLUTION ORIENTED – RETIREMENT FUNDS

Tata Retirement Savings Progre

–

65.5

2129

2.0

0.5

-3.0

15.6

12.8

12.9

0.40

SOLUTION ORIENTED – CHILDREN’S FUNDS

UTI Children’s Equity Fund

–

86.7

1180

2.2

1.2

2.7

13.5

13.3

12.8

0.42

SOLUTION ORIENTED – CHILDREN’S FUNDS

UTI Children’s Hybrid Fund

–

41.0

4559

1.7

1.6

4.7

9.7

9.4

8.6

0.60

SOLUTION ORIENTED – RETIREMENT FUNDS

UTI Retirement Fund

–

51.1

4791

1.7

1.1

5.7

12.3

12.1

9.6

0.87

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ICICI Prudential midcap, Kotak Multicap, DSP Smallcap, Mirae Asset Flexicap, Helios Large and Midcap et al: Your guide to best performing funds of 2025

by Hansraj Agrawal | Dec 27, 2025 | Share Market

The year 2025 marked a notable shift from the broad-based gains of 2024, delivering an uneven experience for Indian mutual fund investors, with returns ranging from –20 per cent to 178 per cent. Equity performance diverged sharply, with large-cap funds displaying relative resilience, while small-cap strategies struggled amid heightened volatility. Thematic funds reflected sector-specific cycles rather than broad market momentum. Debt funds saw early gains fade as the year progressed, compressing returns in longer-duration categories, while short-term funds provided stability comparable to bank deposits. Global funds recovered well, and gold and silver ETFs emerged as the strongest-performing asset classes.

This round-up evaluates equity, debt, hybrid, commodity and international funds through the lens of returns, flows and portfolio trends in 2025, using data compiled from ACEMF. Regular plans are considered for calculating average category returns. This round-up is a snapshot of 2025 category trends and is not an investment recommendation.

Equity funds

The Indian equity market offered limited cheer in 2025. After peaking on September 26, 2024, the Nifty 500 index corrected sharply before staging a V-shaped recovery from the March 2025 lows. While the Nifty 100 Total Return Index (TRI) gained about 10 per cent year-to-date (YTD) period ended December 23, 2025, gains were concentrated in select large-cap stocks, supported by relative stability in banking and industrials. Persistent global uncertainty and sustained foreign institutional investor outflows capped broader upside.

Mid- and small-cap indices experienced significantly higher volatility. The Nifty Midcap 150 and Nifty Smallcap 250 delivered returns of 6.3 per cent and –5.8 per cent, respectively. Mid-caps entered a consolidation phase after a prolonged multi-year rally, while small-caps witnessed meaningful draw-downs, as overheated segments underwent valuation resets.

For the YTD period ending December 23, 2025, large-cap funds led with returns of 7.5 per cent, ahead of flexi-cap (3.4 per cent), mid-cap (2.4 per cent) and small-cap funds (–4.1 per cent). This marked a sharp contrast to 2024, when the respective categories delivered 15 per cent, 20 per cent, 29 per cent and 27 per cent.

SIP performance: Systematic investment plans (SIPs) once again demonstrated their structural advantage in volatile markets by accumulating more units during corrections. SIP XIRRs stood at 13.4 per cent for large-cap funds, 12.8 per cent for mid-cap funds, 11.3 per cent for flexi-cap funds and 6.4 per cent for small-cap funds.

Among large-cap funds, DSP MF (18.5 per cent), Mirae Asset MF (16 per cent) and Bank of India MF (16 per cent) delivered the highest SIP returns. In the mid-cap segment, ICICI Prudential MF (23 per cent), Mirae Asset MF (21 per cent) and WhiteOak Capital MF (19.6 per cent) led performance. Small-cap SIP leaders included TRUST MF (16 per cent), DSP MF (11.8 per cent) and Quantum MF (11 per cent).

Sector and thematic funds: Performance of these funds in 2025 reflected a clearly cyclical outcome. Transportation (18 per cent) and Banks & Financial Services (16 per cent) led returns, supported by a capex revival and strong credit growth. In contrast, defensive and export-oriented themes struggled. Technology (–1.9 per cent) and Pharma & Health Care (–3.2 per cent) were weighed down by weak global growth, pricing pressures and earnings downgrades. Overall, sectors aligned with domestic economic momentum were rewarded, while globally-linked themes underperformed.

Drawdowns: Large-cap funds contained the correction relatively well during the market trough on March 4, 2025, when the Nifty 500 hit its low following the decline that began on September 26, 2024. From the start of the year to March 4, large-cap funds fell less than 9 per cent, compared with declines of about 13 per cent in flexi-cap funds, 16 per cent in mid-cap funds, and nearly 20 per cent in small-cap funds.

Active fund underperformance: Data from 2025 highlighted growing challenges for active fund managers, with widespread benchmark underperformance across equity categories. Considering the overall actively-managed equity fund universe, transportation (83 per cent), small-cap (72 per cent) and technology (67 per cent) categories saw relatively higher proportions of schemes beating their benchmarks, reflecting stock-picking opportunities amid volatility.

However, core market-cap based categories painted a stark picture: Only 6 per cent of large-cap funds outperformed their benchmarks, while multi-cap, flexi-cap and mid-cap categories hovered near 20 per cent. Meanwhile, contra, ESG, manufacturing, MNC, PSU and quant categories recorded zero outperformance, underscoring shrinking alpha potential and the rising relevance of passive strategies. For the study, returns of regular plans are compared with their respective benchmarks.

Portfolio trends: Among widely-held large-cap stocks, Shriram Finance, TVS Motor Company and Eicher Motors delivered YTD gains of 67 per cent, 52 per cent and 50 per cent, respectively. Conversely, Siemens, Trent and RED declined 53 per cent, 39 per cent and 30 per cent, respectively.

In the mid-cap segment, L&T Finance, Aditya Birla Capital and Laurus Labs surged 120 per cent, 94 per cent and 76 per cent, while Kaynes Technology India, Oracle Financial Services Software and Indian Renewable Energy Development Agency fell 46 per cent, 39 per cent and 37 per cent. Among small-caps, Force Motors, Gabriel India and RBL Bank gained 177 per cent, 109 per cent and 94 per cent, while Aditya Birla Fashion and Retail, Tejas Networks and Praj Industries declined sharply.

Sector rotation: Mutual fund exposure to Automobiles—Trucks/LCV and Paints—in terms of investment value surged 412 per cent and 194 per cent, reaching ₹19,759 crore and ₹27,630 crore, respectively, as of November 2025. Other sectors witnessing a 50-66 per cent rise in allocations included fintech, investment finance, e-commerce, NBFCs and PSU banks. In contrast, exposure to air conditioners, mining and minerals, and textiles declined 13-20 per cent over the year.

Net flows: In 2025, flexi-cap, small-cap and mid-cap funds recorded net AUM increases of ₹70,960 crore, ₹48,497 crore and ₹45,763 crore, respectively. Within flexi-caps, PPFAS alone added ₹42,243 crore, taking its corpus to ₹1.3 lakh crore by November.

In mid-caps, HDFC Midcap and Motilal Oswal Midcap added ₹14,202 crore and ₹11,582 crore, respectively. Small-cap funds such as Bandhan, Nippon India, HDFC and Quant saw inflows ranging from ₹3,400 crore to ₹8,400 crore. In contrast, ELSS and Dividend Yield funds recorded net outflows of ₹1,312 crore and ₹203 crore, respectively.

Debt Funds

In 2025, the RBI decisively pivoted to an easing cycle, cutting the repo rate by 125 bps—from 6.5 per cent to 5.25 per cent. This move was supported by benign inflation, with CPI staying well below the 4-per cent target for most of the year and hitting historic lows in October-November, giving the central bank ample room to reduce rates without fuelling price pressures. Concurrently, GDP growth expectations strengthened, with the RBI projecting around 7.3 per cent for FY26.

G-Sec yields generally softened on policy easing and liquidity support, though supply pressures occasionally pushed them higher. The 10-year benchmark eased from 6.85 per cent early in the year to 6.2 per cent by June, boosting long-duration funds such as gilt and dynamic bond funds. However, yields later climbed to 6.7 per cent due to heavy debt supply, fiscal concerns and rupee depreciation, eroding earlier gains. By December 23, long-duration, gilt and dynamic bond funds posted modest YTD returns of 2.9 per cent, 3.7 per cent and 5.3 per cent, respectively. In contrast, these categories had delivered 8-9 per cent returns in 2024 amid rate-cut expectations and a favourable macro backdrop.

Liquidity oscillated—tight in January 2025, then surplus as the RBI deployed VRRs, OMOs and swaps. Liquid and money market funds earned 6-7 per cent in 2025, aided by overnight rates aligning with policy rates and sustained RBI liquidity absorption. Corporate bond, short-duration and banking & PSU funds benefited from accrual and moderate duration, delivering 7.2-7.5 per cent.

Notably, very short-term to medium-duration categories—money market, low duration, corporate bond and short-duration funds—attracted strong net inflows of ₹1.1 lakh crore, ₹33,585 crore, ₹28,800 crore and ₹19,413 crore, respectively, for the year ended November 2025. In contrast, gilt, banking and PSU, credit risk, and long-duration fund categories recorded net outflows of ₹4,884 crore, ₹3,930 crore, ₹2,476 crore and ₹2,105 crore, respectively.

With 23 per cent growth, 2025 marked the second consecutive year in which the overall debt fund universe recorded a notable increase in AUM after 2018. As of November 2025, debt fund AUM stood at ₹19.4 lakh crore.

Gold and Silver ETFs

Gold and silver ETFs were standout performers in 2025. For the YTD, silver surged 178 per cent, far outpacing gold’s 78 per cent return. Globally, silver rose up to 160 per cent YTD as strong industrial demand (solar, electronics and EVs), shrinking inventories and speculative flows combined with expectations of Fed rate cuts.

Gold also delivered an extraordinary year as investors sought a hedge against macro uncertainty, weaker US dollar expectations and prospective rate cuts, lifting gold ETF returns and pushing domestic premiums higher during India’s festival season.

Silver ETFs’ trading volumes outpaced gold ETFs in 2025: Silver ETFs witnessed an explosive surge in trading activity across both the BSE and NSE in 2025, overtaking gold ETFs. YTD to December 23, 2025, total traded value in silver ETFs stood at ₹1.3 lakh crore—up 560 per cent from ₹18,948 crore a year earlier. In comparison, gold ETFs recorded a traded value of ₹1.13 lakh crore during YTD 2025, marking a 329 per cent increase year on year.

Within silver ETFs, Nippon India Silver ETF led the category with an average daily trading volume of ₹282 crore in 2025, followed by ICICI Prudential Silver ETF at ₹59 crore and HDFC Silver ETF at ₹37 crore.

Among gold ETFs, Nippon India ETF Gold BeES topped the charts with an average daily volume of ₹228 crore, followed by SBI Gold ETF at ₹47 crore and ICICI Prudential Gold ETF at ₹45 crore.

Hybrid funds

Performance of hybrid funds diverged sharply in 2025, both within and across categories, reflecting differences in equity exposure, dynamic allocation models and the use of commodities such as gold and silver.

At the category level, multi-asset allocation funds emerged as standout performers, delivering an average return of about 16.4 per cent in 2025. These funds benefited from diversified exposure across equities, debt and commodities—particularly gold and silver—which played a crucial role in cushioning volatility and enhancing returns. Top-performing schemes such as DSP, Invesco, Kotak and Mahindra Manulife Multi Asset funds delivered returns of 20-23 per cent, highlighting the payoff from disciplined rebalancing and commodity allocation in a year when pure equity returns were uneven.

In contrast, aggressive hybrid funds, which typically maintain 65-80 per cent equity exposure, delivered a modest category average return of around 5.7 per cent. Performance dispersion was wide. A few funds, led by ICICI Prudential Equity & Debt Fund and SBI Equity Hybrid Fund, generated double-digit returns of 12-13 per cent. However, a long tail of schemes delivered mid-single-digit returns, while some slipped into negative territory, including Bank of India Mid & Small Cap Equity & Debt Fund and JM Aggressive Hybrid Fund.

Balanced advantage funds, designed to adjust equity exposure based on valuation and market indicators, also delivered subdued outcomes, with an average return of about 5.4 per cent. While leaders such as ICICI Prudential Balanced Advantage Fund delivered over 12 per cent, many schemes ended the year with low single-digit returns, and a few posted negative performance, including the Motilal Oswal Balanced Advantage Fund.

Investor flows in 2025 clearly favoured asset-allocation-led hybrid strategies. Multi-asset allocation funds attracted the highest inflows at ₹39,631 crore. Balanced advantage funds saw steady inflows of ₹15,421 crore, while aggressive hybrid funds drew a relatively modest ₹11,530 crore amid muted equity returns.

International funds

International funds in 2025 reinforced their role as strategic diversifiers rather than tactical return-chasing tools for Indian investors. Performance across the category was widely dispersed, with returns ranging from 9 per cent to an exceptional 178 per cent, underscoring sharp regional and thematic divergences.

US equity funds remained the backbone of international allocations, with returns broadly ranging between 13 per cent and 34 per cent during the year. Diversified US market exposures—such as S&P 500, NASDAQ 100 and total market strategies—delivered returns of 20-28 per cent. Funds tracking the NASDAQ 100 and FANG+ indices benefited from sustained leadership in artificial intelligence, cloud computing and semiconductor ecosystems, even as valuations remained elevated. For instance, the Mirae Asset NYSE FANG+ ETF delivered about 28 per cent, while the Motilal Oswal Nasdaq 100 ETF gained 27 per cent.

Within US-focused funds, the DSP US Specific Equity Omni FoF led with returns of about 34 per cent, followed by the SBI US Specific Equity Active FoF at 29 per cent. In contrast, broad-based active funds such as Nippon India US Equity Opportunities, Franklin US Opportunities Equity Active FoF and ICICI Prudential US Bluechip Equity Fund lagged, delivering returns of 13-17 per cent.

The DSP World Gold Mining Overseas Equity Omni FoF delivered an extraordinary 178 per cent YTD return, driven by a sharp rally in gold prices and the operating leverage inherent in mining companies.

Asia-focused allocations also rewarded selective risk-taking. China-oriented funds, including Axis Greater China Equity, Nippon India Hang Seng BeES and Edelweiss Greater China Equity, delivered returns of around 37 per cent, while the Nippon India Taiwan Equity Fund gained about 46 per cent, benefiting from strength in semiconductors and platform technology businesses, the Edelweiss Europe Dynamic Equity Offshore Fund returned about 50 per cent, the HSBC Brazil Fund gained 54 per cent and the HSBC Global Emerging Markets Fund delivered roughly 41 per cent.

From a regulatory standpoint, overseas investments by Indian mutual funds remain governed by a defined framework. The RBI allows the industry to invest up to $7 billion in overseas securities. This cap has acted as a natural constraint on incremental flows, periodically resulting in subscription suspensions, even as investor appetite for global diversification continues to grow.

This cap has acted as a natural constraint on incremental flows, periodically resulting in subscription suspensions, even as investor appetite for global diversification continues to grow. Investors seeking international exposure must stay alert to fund subscription reopenings, which are often hard to track. Meanwhile, six ETFs tracking US and Hang Seng indices trade on exchanges at steep premiums of 5–19 per cent to NAV due to strong demand and limited market making. Investors should avoid secondary-market purchases for now.

Published on December 27, 2025

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Brutal year for stock picking spurs trillion-dollar fund exodus

by Hansraj Agrawal | Dec 27, 2025 | Share Market

The last thing a diversified fund manager wants is to run a portfolio dominated by just seven technology companies — all American, all megacap, clustered in the same corner of the economy.

Yet as the S&P 500 pushed to fresh records this week, investors were again forced to confront a painful reality: Keeping pace with the market has largely meant owning little else.

A small, tightly linked group of tech super stocks accounted for an outsize share of returns in 2025, extending a pattern in place for the better part of a decade. What stood out wasn’t simply that the winners remained largely the same, but the degree to which the gap started to seriously strain investor patience.

Frustration dictated how money moved. Around $1 trillion was pulled from active equity mutual funds over the year, according to estimates from Bloomberg Intelligence using ICI data, marking an 11th year of net outflows and, by some measures, the steepest of the cycle. By contrast, passive equity exchange-traded funds got more than $600 billion.

The exits happened gradually as the year progressed, with investors reassessing whether to pay for portfolios that looked meaningfully different from the index, only to be forced to live with the consequences when that difference didn’t pay off.

“The concentration makes it harder for active managers to do well,” said Dave Mazza, chief executive officer of Roundhill Investments. “If you do not benchmark weight the Magnificent Seven, then you’re likely taking risk of underperformance.”

Contrary to pundits who thought they saw an environment where stock picking could shine, it was a year in which the cost of deviating from the benchmark remained stubbornly high.

Narrow Participation

On many days in the first half of the year, fewer than one in five stocks rose alongside the broader market, according to data compiled by BNY Investments. Narrow participation isn’t unusual in itself, but its persistence matters. When gains are repeatedly driven by a tiny few, spreading bets more widely stops helping and starts hurting relative performance.

The same dynamic was visible at the index level. Throughout the year, the S&P 500 outperformed its equal-weighted version, which assigns the same importance to a smallish retailer as it does to Apple Inc.

For investors assessing active strategies, that translated into a simple arithmetic problem: Choose one that is underweight the largest stocks and risk falling behind, or go with another that holds them in close proportion to the index, and struggle to justify paying for an approach that is little different than a passive fund.

In the US, 73 per cent of equity mutual funds have trailed their benchmarks this year, according BI’s Athanasios Psarofagis, the fourth most in data going back to 2007. The underperformance worsened after the recovery from April’s tariff scare as enthusiasm over artificial intelligence cemented leadership for the tech cohort.

There were exceptions, but they required investors to accept very different risks. One of the most striking came from Dimensional Fund Advisors LP, whose $14 billion International Small Cap Value Portfolio returned just over 50% this year, outpacing not only its benchmark but also the S&P 500 and the Nasdaq 100.

The structure of that portfolio is telling. It holds roughly 1,800 stocks, almost all outside the US, with heavy exposure to financials, industrials and materials. Rather than trying to navigate around the US large-cap index, it largely stepped outside it.

“This year provides a really good lesson,” said Joel Schneider, the firm’s deputy head of portfolio management for North America. “Everyone knows that global diversification makes sense, but it’s really hard to stay disciplined and actually maintain that. Choosing yesterday’s winners is not the right approach.”

Sticking With Winners

One manager who stuck with her convictions was Margie Patel of the Allspring Diversified Capital Builder Fund, which has returned some 20% this year thanks to bets on chipmakers Micron Technology Inc. and Advanced Micro Devices Inc.

“A lot of people like to be closet or quasi indexers. They like to have some exposure in all sectors even if they’re not convinced that they are going to outperform,” Patel said on Bloomberg TV. In contrast, her view is that “the winners are going to stay winners.”

The propensity of big stocks to get bigger made 2025 a banner year for would-be bubble hunters. The Nasdaq 100 trades at more than 30 times earnings and around six times sales, at or near historical highs. Dan Ives, the Wedbush Securities analyst who started an AI-focused ETF (IVES) in 2025 and saw it swell to nearly $1 billion, says valuations like those may test nerves, but are no reason to bail on the theme.

“There are going to be white-knuckle moments. That just creates the opportunities,” he said in an interview. “We believe this tech bull market goes for another two years. To us, it’s about trying to find who the derivative beneficiaries are, and that’s how we’re going to continue to navigate this fourth industrial revolution from an investing perspective.”

Thematic Investing

Other successes leaned into concentration of a different kind. VanEck’s Global Resources Fund returned almost 40 per cent this year, benefiting from demand linked to alternative energy, agriculture and base metals. The fund, launched in 2006, owns companies such as Shell Plc, Exxon Mobil Corp. and Barrick Mining Corp., and is run by teams that include geologists and engineers alongside financial analysts.

“When you are an active manager, it allows you to pursue big themes,” said Shawn Reynolds, who has managed the fund for 15 years, a geologist himself. But that approach, too, demands conviction and tolerance for volatility — qualities that many investors have shown less appetite for after several years of uneven results.

By the end of 2025, the lesson for investors was not that active management had stopped working, nor that the index had solved the market. It was simpler, and more uncomfortable. After another year of concentrated gains, the price of being different remained high, and for many, the willingness to keep paying it had worn thin.

Still, Osman Ali of Goldman Sachs Asset Management believes there is “alpha” to be found not just in Big Tech. The global co-head of quantitative investment strategies relies on the firm’s proprietary model, which ranks and analyzes roughly 15,000 stocks worldwide on a daily basis.

The system, built around the team’s investment philosophy, has helped deliver gains of some 40% across its international large-cap, international small-cap and tax-managed funds on a total return basis.

“The markets will always give you something,” he said, “You just have to look in a very dispassionate, data-driven way.”

More stories like this are available on bloomberg.com

Published on December 27, 2025

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Canara Robeco Flexicap fund: Driving Performance Via Bluechips

by Hansraj Agrawal | Dec 27, 2025 | Share Market

While the recovery in the frontline large-cap indices seems firm after the corrective and sideways phase of the past 15 months, the broader benchmarks and lower market cap constituents are still considerably in the red.

Despite the correction, valuations aren’t in the inexpensive zone for mid and small-caps, though there are pockets of attractive opportunities available. With a resurgent and reasonably valued large-cap space, the time may be ripe to go with a flexicap fund from a long-term perspective.

Canara Robeco Flexicap (Canara Robeco Equity Diversified earlier) is a fund with a strong track record of over 22 years.

Over the years, it has demonstrated consistently healthy performances over the longer investment terms of five years or more.

Investors can buy units of the fund with a 7-10-year perspective. Taking the systematic investment plan (SIP) route may be advisable, by directing proceeds to specific financial goals.

Sturdy outperformance

Canara Robeco Flexicap’s performance over the past decade has been healthy with point-to-point returns of 15.5 per cent compounded annually over this period.

When five-year rolling returns over the period January 2013 to December 2025 are considered, the fund has delivered mean returns of 15.8 per cent. The Nifty 500 TRI gave 14.7 per cent average returns over the above-mentioned timeframe.

On a 5-year rolling returns basis over the 13-year period indicated earlier, Canara Robeco Flexicap has beaten the Nifty 500 TRI over 76 per cent of the times.

The scheme has given more than 12 per cent for nearly 82 per cent of the time and in excess of 15 per cent for nearly 59 per cent of the time on 5-year rolling basis over the 13-year period (Jan 2013-Dec 2025).

Canara Robeco Flexicap’s returns (XIRR) on monthly SIPs over the past 10 years are fairly robust at 16.5 per cent. A similar SIP in the Nifty 500 TRI would have returned 15.7 per cent over this period.

All return figures pertain to the direct plan of the fund.

The fund has an upside capture ratio of nearly 97.5, indicating that its NAV rises less than the benchmark during rallies. But more importantly, it has a downside capture ratio of 85.9, indicating that the scheme’s NAV falls a lot less than the benchmark during corrections. A score of 100 indicates that a fund performs in line with its benchmark. This inference is based on data from December 2020-December 2025.

Leaning on large-caps

Canara Robeco Flexicap has stuck to keeping its portfolio heavy on large-cap stocks across market cycles. In fact, it has increased large-cap exposure from 70-odd per cent a year or so back to around 75 per cent in the recent portfolio. Mid-cap exposure is kept in the early to mid-teen percentages, while small-caps generally account for low single digits, making the portfolio reasonably moderate on risks.

This large-cap bias has helped the fund remain resilient during the broader market falls and also in the early recovery in many bluechips over the past 12-15 months. The fund takes cash positions of only about 3 per cent and does not go too defensive during corrections.

Canara Robeco Flexicap has a mix of both value and growth styles of investing in its choice of sectors and stocks.

Banks have always been the top sector holdings across market phases. Like with its large-cap bias, a higher exposure to banks has helped the fund’s performance given the sector’s sound run in the last 18 months.

Surprisingly, software companies have also figured prominently in the portfolio despite the underperformance from the larger names in the space in the last couple of years. However, in the past year, it has taken exposure in mid-tier IT companies that have done well.

Retailing is a segment that the fund has upped stakes in after the correction in the space. It has expanded the scope for the sector with investments in ecommerce and physical retail firms.

Automobiles also occupy a significant portion in Canara Robeco Flexicap’s holdings. Exposure is restricted to the top car and two-wheeler companies in the segment.

Pharmaceutical and biotechnology firms are other important holdings across timeframes.

The fund is suitable for investors with an above-average risk appetite looking for steady long-term outperformance. Taking the SIP route would be useful in averaging costs, especially during volatile market phases.

Published on December 27, 2025

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