18 Equity Mutual Funds Turned ₹1 Lakh Into ₹1.85L+ in Just 3 Years 
(From 242 equity funds tracked by ETMutualFunds)
The big story? Mid and small caps dominated the top performers.
Top performer
Bandhan Small Cap Fund → 2.12x
₹1 lakh → ₹2.11 lakh | CAGR ~28%
Midcap leaders
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Edelweiss Mid Cap: 1.99x
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Invesco India Midcap: 1.98x
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HDFC Mid Cap: 1.97x
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WhiteOak Mid Cap: 1.96x
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Nippon India Growth: 1.93x
Several other midcap funds clustered around 1.90x, showing strong category consistency.
Other standouts
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ITI Small Cap: 1.89x
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SBI ELSS Tax Saver: 1.87x
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HSBC Value Fund: 1.86x
Category split (Top 18)
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11 Midcap
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3 Smallcap
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1 Large & Midcap
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1 Multicap
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1 Value
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1 ELSS
Clear takeaway: mid & small caps led the 3-year rally ![]()
The remaining 224 funds delivered 1.05x–1.84x — still solid.
Examples: HDFC Flexi Cap (1.81x), Parag Parikh Flexi Cap (1.76x), SBI Contra (1.72x).
Disclaimer - managed by our in-house research team and is intended solely for educational and informational purposes. Daily market views and research-based observations are shared to help participants understand market developments.
