Crisil, a division of S&P, is a research and ratings firm that serves the mutual fund industry and other areas of finance and business. Mutual funds are ranked on a scale from 1 to 5 depending on their performance and their Net Asset Value (NAV). The top-performing mutual funds in each category are presented here. Investors believe these funds to be the best mutual funds of 2023 based on the ranking.
Top-Performing Mutual Funds in 2023 (Rank #1 Mutual Funds)
Best Equity Mutual Funds
Best Large-Cap Funds
Name of the Fund
Asset Under Management (AUM) Rs. Crore
Canara Robeco Bluechip Equity Fund (G)
8860.355
SBI Bluechip Fund (Growth)
34042.089
UTI Nifty 50 Index Fund (Growth)
9965.390
HDFC Index Nifty 50 fund (Growth)
7825.322
UTI Mastershare Unit (Growth)
10262.670
Best Mid Cap Funds
Name of the Fund
Asset Under Management (AUM) Rs. Crore
Motilal Oswal Midcap 30 fund (Growth)
3800.720
Quant Mid Cap Fund (Growth)
1665.498
Kotak Emerging Equity Scheme (Growth)
24406.712
Nippon India Growth Fund (Growth)
13420.404
SBI Magnum Midcap Fund (Growth)
8733.507
Best Small Cap Funds
Name of the Fund
Asset Under Management (AUM) Rs. Crore
Quant Small Cap Fund (Growth)
3578.842
Kotak Small Cap fund (Growth)
8672.234
Bank of India Small Cap Fund (Growth)
428.027
Canara Robeco Small Cap Fund (Growth)
5106.043
Best Multi-Cap Funds / Diversified Equity Funds
Name of the Fund
Asset Under Management (AUM) Rs. Crore
Nippon India Multi Cap Fund (Growth)
14341.987
Quant Active Fund (Growth)
3687.613
Edelweiss Focused Equity Fund (Growth)
489.137
Canara Robeco Focused Equity Fund (Growth)
1697.260
Best ELSS Funds
Name of the Fund
Asset Under Management (AUM) Rs. Crore
Mirae Asset Tax Saver Fund (Growth)
14448.495
DSP Tax Saver Fund (Growth)
10178.521
Union Tax saver ELSS Fund (Growth)
581.137
Bank of India Tax Advantage Fund (Growth)
695.467
Canara Robeco Equity Taxsaver fund (Growth)
4923.681
Best Sectoral / Thematic Funds
Name of the Fund
Asset Under Management (AUM) Rs. Crore
DSP India T I G E R Fund (G)
1830.208
ICICI Prudential Infrastructure Fund (G)
2360.981
Bank of India Manufacturing & Infra fund (G)
89.616
SBI Consumption Opportunities Fund (G)
1194.596
Best Hybrid Mutual Funds
Best Aggressive Hybrid Funds
Name of the Fund
Asset Under Management (AUM) Rs. Crore
Kotak Equity Hybrid Fund Direct-Growth
3327
ICICI Prudential Equity & Debt Fund Direct-Growth
21,436
Best Conservative Hybrid Funds
Name of the Fund
Asset Under Management (AUM) Rs. Crore
ICICI Prudential Regular Savings Fund Direct-Growth
3,212.39
Canara Robeco Conservative Hybrid Fund Direct-Growth
1,069.78
Kotak Debt Hybrid Fund Direct-Growth
1,650.86
Best Arbitrage Funds
Name of the Fund
Asset Under Management (AUM) Rs. Crore
Kotak Equity Arbitrage Fund (G)
19522.211
Edelweiss Arbitrage Fund (G)
4316.853
Best Exchange Traded Funds (ETF)
Name of the Fund
Asset Under Management (AUM) Rs. Crore
SBI S&P BSE Sensex ETF
84,390
UTI S&P BSE Sensex ETF
26,713
Motilal Oswal NASDAQ 100 ETF
5,225
Disclaimer: These are the Best Hybrid Funds in 2023 based on their return value. This post does not give any advice or recommendation. Mutual Fund investments are subject to market risk. Please read all the related documents carefully before investing. It is also advised to consult your financial advisor for necessary suggestions.
