Synopsis: The article highlights the most bought mutual funds in the last six months, which achieved returns up to 28%. It covers the highest-performing funds across mid-cap, small-cap, index, and thematic investment categories.
Investor interest in mutual funds has surged over the past six months because investors now prefer high-growth equity segments. Funds in mid-cap, small-cap, and thematic categories have received substantial investment because these funds offer exceptional return potential. Investors now prefer wealth creation strategies instead of traditional conservative investment methods. Top Trending Mutual Funds are
1. Aditya Birla Sun Life PSU Equity Fund
- NAV: ₹36.96
- AUM: ₹5,334.01 Cr
- Expense Ratio: 1.82%
- Exit Load: 1% (within 1 month)
- 3-Year CAGR: 28.64%
2. Nippon India Power & Infra Fund
- NAV: ₹378.87
- AUM: ₹6,533.73 Cr
- Expense Ratio: 1.86%
- Exit Load: 1% (within 1 month)
- 3-Year CAGR: 27.29%
3. ICICI Prudential Bharat 22 FoF
- NAV: ₹36.36
- AUM: ₹2,584.85 Cr
- Expense Ratio: 0.13%
- Exit Load: NIL
- 3-Year CAGR: 26.18%
4. HDFC Mid Cap Fund
- NAV: ₹196.73
- AUM: ₹85,357.92 Cr
- Expense Ratio: 1.37%
- Exit Load: 1%
- 3-Year CAGR: 23.94%
5. Nippon India Nifty Midcap 150 Index Fund
- NAV: ₹24.74
- AUM: ₹2,018.02 Cr
- Expense Ratio: 0.8%
- Exit Load: NIL
- 3-Year CAGR: 22.56%
Also Read: Top 4 PSU Mutual Funds Delivering Up to 30% Returns in the Last 3 Years – Do You Own Any?
6. Motilal Oswal Midcap Fund
- NAV: ₹90.98
- AUM: ₹31,046.66 Cr
- Expense Ratio: 1.6%
- Exit Load: 1%
- 3-Year CAGR: 21.27%
7. Nippon India Small Cap Fund
- NAV: ₹170.42
- AUM: ₹61,808.85 Cr
- Expense Ratio: 1.42%
- Exit Load: 1%
- 3-Year CAGR: 21.34%
8. HDFC Nifty Smallcap 250 Index Fund
- NAV: ₹17.90
- AUM: ₹530.9 Cr
- Expense Ratio: 0.75%
- Exit Load: NIL
- 3-Year CAGR: 20.49%
9. Quant Small Cap Fund
- NAV: ₹256.44
- AUM: ₹25,820.99 Cr
- Expense Ratio: 1.66%
- Exit Load: 1%
- 3-Year CAGR: 20.13%
10. SBI Contra Fund
- NAV: ₹374.44
- AUM: ₹43,753.59 Cr
- Expense Ratio: 1.53%
- Exit Load: 0.25%
- 3-Year CAGR: 16.63%
Also read: ICICI Value Fund vs SBI Contra Fund: Which Equity Mutual Fund Has Delivered Better 5-Year Returns?
Head-to-Head: 3-Year CAGR Comparison of Trending Funds
Note: The above data is sourced from Angel One and is as of 30th April 2026.
Investors interested in starting their investment journey can open an account through the official Angel One website.
What This Means for Investors?
- The current investment trend shows a clear movement toward growth-focused investment strategies, which investors select based on their preference for sectors that will benefit from India’s economic growth.
- The current market trends show strong investment activity, which results from three main themes that include infrastructure development, public sector undertaking revival, and mid-cap market expansion.
Key Takeaways for Investors
- The majority of investor purchasing activity focuses on high-growth investment funds, which include PSU and infrastructure and mid-cap and small-cap fund categories.
- The most purchased funds deliver the best returns with their performance reaching up to 28% over the previous three years.
- Investors show a strong preference for mid-cap and small-cap funds, which indicates their willingness to take risks.
- Thematic funds are experiencing increasing popularity because government initiatives drive growth in PSU and infrastructure industries.
- Index funds have developed into a second popular investment option that provides investors with affordable access to expanding market sectors.
Conclusion
The mutual fund investment patterns during the past six months show that investors currently prefer high-growth funds that provide strong performance. Investor interest in PSU, infrastructure, mid-cap, and small-cap categories has increased because several trending picks achieved returns that reached up to 28%. While these funds maintain strong popularity due to their strong performance, investors should prioritize long-term consistency, asset allocation, and financial objective alignment instead of following current short-term market trends.
Written By Ameet S
