With the new financial year beginning in April, many investors are re-evaluating where to put their money next. For those not keen on diving directly into stocks, mutual funds offer a more manageable route — someone else manages your money while you get to ride the market wave (with some risks, of course).
The Nifty gave a 5.4% return in the last financial year. But some mutual funds went well beyond that. Here's a look at the top 10 mutual fund schemes that delivered the highest returns in 2024–25, listed in reverse order.
Return in 2024–25: 20.69%
Fund type: Equity – Mid Cap Fund
Asset size (AUM): ₹5,246.54 crore
Minimum SIP investment: ₹20
99.65% in Indian stocks
6.49% in large caps
29.33% in mid caps
22.55% in small caps
This fund mostly bets on mid-sized companies in India, making it more volatile than large cap funds but potentially more rewarding.
Return in 2024–25: 21.15%
Fund type: Equity – Small Cap Fund
Asset size (AUM): ₹8,474.84 crore
Minimum SIP investment: ₹100
Where does it invest?
91.6% in Indian equities
5.87% in largecaps
9.75% in midcaps
44.63% in smallcaps
Ideal for investors who are comfortable with higher risk in pursuit of long-term gains from lesser-known companies.
Return in 2024–25: 21.82%
Fund type: Equity – Small Cap Fund
Asset size (AUM): ₹3,716.36 crore
Minimum SIP investment: ₹500
95.08% in Indian equities
2.43% in largecaps
4.37% in midcaps
53.32% in smallcaps
This one goes deep into small caps, making it aggressive but potentially high yielding.
Return in 2024–25: 22.21%
Fund type: Equity – Sectoral (Healthcare)
Asset size (AUM): ₹1,057.17 crore
Minimum SIP investment: ₹500
99.56% in Indian equities
24.97% in large caps
18.03% in mid caps
18.6% in small caps
Majority in healthcare companies
A focused healthcare fund with broad exposure across company sizes.
Return in 2024–25: 22.88%
Fund Type: Equity – Sectoral (Healthcare)
Asset Size (AUM): ₹4,611.47 crore
Minimum SIP Investment: ₹100
99.04% in Indian equities
41.51% in large caps
21% in mid caps
10.69% in small caps
Key sectors: Healthcare, chemicals, insurance, services
Ideal for those wanting diversified healthcare exposure.
Return in 2024–25: 26.67%
Fund Type: Equity – Sectoral (Banking & Financial Services)
Asset Size (AUM): ₹1,012.79 crore
Minimum SIP Investment: ₹100
81.33% in Indian equities
37.48% in large caps
12.15% in mid caps
0.73% in small caps
Focus areas: Financials, insurance, technology, services
The fund has shown strong sectoral performance in FY25, especially with financial stocks.
Return in 2024–25: 28.16%
Fund Type: Equity – Large Cap
Asset Size (AUM): ₹1,680.68 crore
Minimum SIP Investment: ₹500
Return Since Launch: 31.36%
Where does it invest?
99.65% in Indian equities
71.25% in large caps
2.6% in mid caps
4.16% in small caps
This fund focuses on well-established companies with stable growth potential.
Return in 2024–25: 29.36%
Fund Type: Equity-Linked Saving Scheme (ELSS)
Asset Size (AUM): ₹316.13 crore
Minimum SIP Investment: ₹100
Where does it invest?
93.24% in Indian equities
27.56% in large caps
3.16% in mid caps
14.57% in small caps
Key sectors: Financials, chemicals, auto, services, textiles
This tax-saving ELSS fund seems to have benefited from its sectoral spread and stock picks.
Return in 2024–25: 31.19%
Fund Type: Equity – Sectoral (Healthcare)
Asset Size (AUM): ₹271.36 crore
Minimum SIP Investment: ₹100
Return Since Launch: 29.12%
Where does it invest?
92.64% in Indian equities
31.47% in large caps
12.21% in mid caps
12.59% in small caps
3.22% in debt securities (including govt bonds)
Focus areas: Pharma, healthcare, hospitals
A newer but strong performer in the healthcare category.
Return in 2024–25: 32.76%
Fund Type: Equity – Sectoral (Healthcare)
Asset Size (AUM): ₹1,468.68 crore
Minimum SIP Investment: ₹100
Return Since Launch: 62.83%
Where does it invest?
99.03% in Indian equities
37.61% in large caps
13.35% in mid caps
10.68% in small caps
Focus: Pharma, diagnostics, wellness, hospitals
HDFC’s healthcare fund emerged as the top gainer of FY25, riding the healthcare and wellness boom.
So, what does it all mean?
These funds may have outperformed in the last year, but the markets don’t come with guarantees. Returns can change. Sectors that shine one year might slow down the next. Always make sure to match your investment choice with your risk appetite, investment goals and time horizon.
(This data has been compiled from Moneycontrol)
{Disclaimer: Mutual fund investments are subject to market risks. Past performance is not a promise of future returns. Please read all scheme-related documents carefully before investing.}