Section 1 · Industry Snapshot
How big is the mutual fund industry — and how healthy?
Think of this as the "vital signs" of India's mutual fund universe. A healthy industry = more competition, better funds, more investor choices.
🏦
Total money in mutual funds
₹85.5 Lakh Cr
That's roughly India's entire annual GDP going into mutual funds.
🗂️
Number of funds available
2,047
More options than you could ever need — which is why we filter them for you.
📈
Average 3-year return
14.0%
Across all funds. Individual fund results vary a lot — see our rankings below.
🏆
% funds beating the market
56.5%
Only this fraction of funds actually outperformed a simple index over 3 years.
📋 More numbers, plain English
Average 1-year return
8.2%
Short-term snapshot — don't make decisions off this alone
Average 5-year return
12.0%
5 years is a better lens for equity funds
What the market returned (3Y)
13.4%
This is what a simple index fund would have given
Average extra return vs market
+0.63%
Positive = funds added value on average. Negative = index was better.
Consistency score (IR)
0.17
Above 0.5 = consistently good. Below = hit-or-miss performance.
Typical fund size
₹660 Cr
Median AUM — larger isn't always better
Where is most money concentrated?
AUM by category — shows where Indian investors are betting the most
Equity (42% of all MF money)
Debt (23% of all MF money)
Other (20% of all MF money)
Hybrid (14% of all MF money)
Solution Oriented (1% of all MF money)
Which category has the most funds?
Number of funds by category — more funds = more choices to compare
Other (42% of all funds)
Equity (28% of all funds)
Debt (19% of all funds)
Hybrid (9% of all funds)
Solution Oriented (2% of all funds)
Section 2 · Active vs Index
In which fund types do experts actually beat the market?
"Active" funds are run by experts who pick stocks — but they charge more. "Index" funds just copy the market automatically — cheap and simple. The question is: does paying for expertise actually get you better results? Let the data answer.
💡
How to read the verdict below
✅ Active adds value — on average, actively managed funds in this category earn more than a simple index fund. Worth paying for expertise.
📊 Index wins — funds in this category mostly fail to beat the index. Save money with a low-cost index fund.
🤔 Mixed — some do, some don't. Picking carefully matters more here.
📊 Index wins — funds in this category mostly fail to beat the index. Save money with a low-cost index fund.
🤔 Mixed — some do, some don't. Picking carefully matters more here.
Equity
🤔 Mixed
Funds in category
571
Avg 3Y return
18.9%
Extra return vs index
+0.90%
% beating market
59.1%
Debt
🤔 Mixed
Funds in category
393
Avg 3Y return
7.2%
Extra return vs index
+0.32%
% beating market
74.0%
Hybrid
✅ Active adds value
Funds in category
182
Avg 3Y return
11.8%
Extra return vs index
+1.72%
% beating market
68.8%
Solution Oriented
✅ Active adds value
Funds in category
42
Avg 3Y return
13.4%
Extra return vs index
+1.87%
% beating market
66.7%
Other
📊 Index wins
Funds in category
859
Avg 3Y return
16.8%
Extra return vs index
-0.12%
% beating market
17.7%
Visual: How much extra return does each category deliver?
The green bars show how much more (or less) the average active fund earned vs a simple index fund over 3 years.
Solution OrientedExtra return: +1.87% · Beat rate: 66.7%
EXTRA RETURN VS INDEX (ALPHA)
% OF FUNDS BEATING THEIR INDEX
HybridExtra return: +1.72% · Beat rate: 68.8%
EXTRA RETURN VS INDEX (ALPHA)
% OF FUNDS BEATING THEIR INDEX
EquityExtra return: +0.90% · Beat rate: 59.1%
EXTRA RETURN VS INDEX (ALPHA)
% OF FUNDS BEATING THEIR INDEX
DebtExtra return: +0.32% · Beat rate: 74.0%
EXTRA RETURN VS INDEX (ALPHA)
% OF FUNDS BEATING THEIR INDEX
OtherExtra return: -0.12% · Beat rate: 17.7%
EXTRA RETURN VS INDEX (ALPHA)
% OF FUNDS BEATING THEIR INDEX
Extra return above market
% of funds beating their index
Negative alpha (index was better)
Section 3 · Category Rankings
Which fund types have historically performed best?
Ranked by how much extra return they delivered above the market over 3 years. This isn't a guarantee — but it tells you where skilled fund managers have historically shown up.
🥇
Solution Oriented
42 funds in this category
✅ Active adds value
3Y Return
13.4%
5Y Return
11.9%
Extra vs Index
+1.87%
Beat Rate
66.7%
% of funds beating their benchmark66.7%
🥈
Hybrid
182 funds in this category
✅ Active adds value
3Y Return
11.8%
5Y Return
10.5%
Extra vs Index
+1.72%
Beat Rate
68.8%
% of funds beating their benchmark68.8%
🥉
Equity
571 funds in this category
🤔 Mixed
3Y Return
18.9%
5Y Return
16.9%
Extra vs Index
+0.90%
Beat Rate
59.1%
% of funds beating their benchmark59.1%
4
Debt
393 funds in this category
🤔 Mixed
3Y Return
7.2%
5Y Return
6.4%
Extra vs Index
+0.32%
Beat Rate
74.0%
% of funds beating their benchmark74.0%
5
Other
859 funds in this category
📊 Index wins
3Y Return
16.8%
5Y Return
13.7%
Extra vs Index
-0.12%
Beat Rate
17.7%
% of funds beating their benchmark17.7%
Category map
5 rows
iAMFI category name. | iNumber of schemes in the category. | iTotal assets under management in the category. | iAverage 3-year return for funds in this category. | iAverage fund return minus benchmark return over 3 years. | iPercent of funds beating their benchmark over 3 years. |
|---|---|---|---|---|---|
| Equity | 571 | 35,62,511 | 18.87% | 0.90% | 59.1% |
| Debt | 393 | 20,09,748 | 7.18% | 0.32% | 74.0% |
| Other | 859 | 17,32,093 | 16.82% | -0.12% | 17.7% |
| Hybrid | 182 | 11,92,148 | 11.79% | 1.72% | 68.8% |
| Solution Oriented | 42 | 57,955 | 13.45% | 1.87% | 66.7% |
Sub-category signals
40 rows
iAMFI sub-category name. | iNumber of schemes in the sub-category. | iTotal assets under management in the sub-category. | iAverage 3-year return for funds in this sub-category. | iAverage fund return minus benchmark return over 3 years. | iPercent of funds beating their benchmark over 3 years. |
|---|---|---|---|---|---|
| Index / ETF | 675 | 14,74,759 | 12.87% | -0.39% | 3.3% |
| Liquid | 42 | 7,04,479 | 6.95% | 0.05% | 82.9% |
| Flexi Cap | 45 | 5,58,274 | 16.92% | 1.16% | 73.5% |
| Sectoral / Thematic | 247 | 5,26,777 | 19.77% | 0.68% | 50.8% |
| Mid Cap | 32 | 4,74,951 | 23.22% | -0.39% | 41.4% |
| Large Cap | 34 | 3,99,679 | 14.79% | 1.36% | 76.7% |
| Small Cap | 35 | 3,86,904 | 20.92% | -0.63% | 37.5% |
| Large & Mid Cap | 33 | 3,34,814 | 19.35% | 0.60% | 53.8% |
| Money Market | 27 | 3,33,546 | 7.34% | 0.27% | 95.5% |
| Arbitrage | 37 | 3,28,120 | 7.47% | -0.20% | 20.0% |
| Balanced Advantage | 38 | 3,24,192 | 12.44% | 2.66% | 83.3% |
| FoFs (Overseas) | 185 | 2,57,884 | 22.63% | 0.35% | 43.0% |
| Aggressive Hybrid | 29 | 2,50,925 | 14.92% | 2.78% | 86.2% |
| ELSS | 50 | 2,41,017 | 17.26% | 0.85% | 61.7% |
| Multi Cap | 32 | 2,27,035 | 19.97% | 1.63% | 63.2% |
| Multi Asset Allocation | 34 | 2,05,256 | 18.87% | 1.89% | 80.0% |
| Corporate Bond | 21 | 1,87,356 | 7.34% | 0.12% | 61.9% |
| Focused | 28 | 1,73,302 | 16.67% | 0.93% | 57.7% |
| Low Duration | 25 | 1,41,282 | 7.45% | 0.27% | 100.0% |
| Value | 21 | 1,36,911 | 19.13% | 3.36% | 89.5% |
| Ultra Short Duration | 25 | 1,29,098 | 7.26% | 0.03% | 62.5% |
| Overnight | 37 | 1,19,009 | 6.24% | -0.04% | 18.8% |
| Short Duration | 25 | 1,15,885 | 7.45% | 0.34% | 82.6% |
| Banking & PSU | 20 | 74,657 | 7.14% | 0.31% | 94.7% |
| Contra | 3 | 71,446 | 19.31% | 3.69% | 100.0% |
| Equity Savings | 24 | 53,344 | 10.55% | 1.44% | 72.2% |
| Floater | 12 | 51,981 | 7.84% | 0.81% | 100.0% |
| Gilt | 24 | 34,167 | 6.31% | -0.40% | 27.3% |
| Dynamic Bond | 22 | 32,149 | 6.95% | 0.34% | 72.7% |
| Retirement Fund | 29 | 31,756 | 13.28% | 1.85% | 69.2% |
| Dividend Yield | 11 | 31,402 | 18.82% | 2.96% | 88.9% |
| Conservative Hybrid | 18 | 29,295 | 9.16% | 1.36% | 77.8% |
| Children’s Fund | 12 | 25,649 | 13.88% | 1.92% | 60.0% |
| Medium Duration | 13 | 25,579 | 7.80% | 0.89% | 92.3% |
| Credit Risk | 14 | 19,750 | 9.51% | 1.73% | 85.7% |
| Long Duration | 11 | 13,879 | 6.11% | 0.51% | 100.0% |
| FMP | 58 | 11,889 | 7.36% | 0.65% | 91.1% |
| Medium to Long Duration | 13 | 10,749 | 6.64% | -0.08% | 41.7% |
| Gilt – 10Y | 4 | 4,293 | 6.95% | 0.39% | 75.0% |
| Balanced Hybrid | 2 | 1,015 | - | - | - |
Section 4 · Full Data
Full sub-category breakdown — every metric, explained
For those who want to go deeper. This table shows every sub-category with all performance metrics. Hover over column headers to understand what each number means.
📖 What do these numbers mean?
Alpha (Extra Return)
How much more (or less) the fund returned vs its benchmark index. Positive = fund added value. Negative = index was better.
Information Ratio (IR)
How consistently a fund beats its benchmark. Above 0.5 = reliably good. Below 0 = inconsistent. Think of it as the quality of alpha.
Beat Rate
What % of funds in this category beat their own benchmark over 3 years. Above 50% = active tilt is worth it.
Benchmark Return
What a simple index fund tracking this category's benchmark would have returned. The bar that active funds need to clear.
Show full insights dataset
46 rows
iIndustry, Category, or Sub-category. | iAMFI category name. | iAMFI sub-category name. | iNumber of schemes in the row. | iTotal assets under management in crores. | iMedian AUM across schemes in the row. | iAverage 1-year return. | iAverage 3-year return. | iAverage 5-year return. | iAverage 10-year return. | iAverage 1-year benchmark return. | iAverage 3-year benchmark return. | iAverage 5-year benchmark return. | iAverage 10-year benchmark return. | iAverage alpha over 3 years. | iAverage information ratio over 3 years. | iPercent of funds beating benchmark over 3 years. |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Industry | - | - | 2047 | 85,54,454 | 660 | 8.20% | 13.96% | 12.05% | 11.35% | 6.40% | 13.38% | 11.52% | 11.31% | 0.63% | 0.17 | 56.5% |
| Category | Equity | - | 571 | 35,62,511 | 1,721 | 5.96% | 18.87% | 16.92% | 15.43% | 4.24% | 17.95% | 15.75% | 14.88% | 0.90% | 0.17 | 59.1% |
| Category | Debt | - | 393 | 20,09,748 | 621 | 5.04% | 7.18% | 6.42% | 6.91% | 4.60% | 6.87% | 5.99% | 6.80% | 0.32% | - | 74.0% |
| Category | Other | - | 859 | 17,32,093 | 199 | 14.72% | 16.82% | 13.75% | 12.72% | 9.90% | 16.11% | 14.21% | 13.87% | -0.12% | - | 17.7% |
| Sub-Category | Other | Index / ETF | 675 | 14,74,759 | 183 | 4.27% | 12.87% | 13.34% | 12.72% | 6.29% | 14.88% | 14.11% | 13.88% | -0.39% | - | 3.3% |
| Category | Hybrid | - | 182 | 11,92,148 | 1,348 | 6.02% | 11.79% | 10.46% | 9.96% | 4.99% | 9.86% | 8.89% | 9.30% | 1.72% | - | 68.8% |
| Sub-Category | Debt | Liquid | 42 | 7,04,479 | 6,603 | 6.27% | 6.95% | 6.04% | 6.08% | 6.16% | 6.90% | 6.05% | 6.06% | 0.05% | - | 82.9% |
| Sub-Category | Equity | Flexi Cap | 45 | 5,58,274 | 3,916 | 3.38% | 16.92% | 14.99% | 14.75% | 2.65% | 15.75% | 14.35% | 14.28% | 1.16% | 0.26 | 73.5% |
| Sub-Category | Equity | Sectoral / Thematic | 247 | 5,26,777 | 1,143 | 7.52% | 19.77% | 17.00% | 15.48% | 5.23% | 19.06% | 15.89% | 14.62% | 0.68% | 0.06 | 50.8% |
| Sub-Category | Equity | Mid Cap | 32 | 4,74,951 | 7,676 | 9.90% | 23.22% | 19.83% | 17.48% | 8.57% | 23.61% | 20.44% | 18.37% | -0.39% | -0.07 | 41.4% |
| Sub-Category | Equity | Large Cap | 34 | 3,99,679 | 2,271 | 1.35% | 14.79% | 13.38% | 13.30% | 0.90% | 13.43% | 12.78% | 13.42% | 1.36% | 0.36 | 76.7% |
| Sub-Category | Equity | Small Cap | 35 | 3,86,904 | 4,788 | 7.64% | 20.92% | 20.89% | 17.98% | 3.57% | 21.54% | 19.17% | 15.41% | -0.63% | -0.10 | 37.5% |
| Sub-Category | Equity | Large & Mid Cap | 33 | 3,34,814 | 4,848 | 5.49% | 19.35% | 17.28% | 15.63% | 5.69% | 18.76% | 16.62% | 15.98% | 0.60% | 0.06 | 53.8% |
| Sub-Category | Debt | Money Market | 27 | 3,33,546 | 5,210 | 6.56% | 7.34% | 6.38% | 6.71% | 6.19% | 7.08% | 6.18% | 6.34% | 0.27% | - | 95.5% |
| Sub-Category | Hybrid | Arbitrage | 37 | 3,28,120 | 1,206 | 6.50% | 7.47% | 6.42% | 6.23% | 7.15% | 7.66% | 6.40% | 5.61% | -0.20% | - | 20.0% |
| Sub-Category | Hybrid | Balanced Advantage | 38 | 3,24,192 | 1,860 | 3.18% | 12.44% | 10.73% | 10.83% | 1.45% | 9.79% | 9.46% | 10.74% | 2.66% | - | 83.3% |
| Sub-Category | Solution Oriented | FoFs (Overseas) | 185 | 2,57,884 | 263 | 37.19% | 22.63% | 13.99% | - | - | 20.46% | - | - | 0.35% | - | 43.0% |
| Sub-Category | Hybrid | Aggressive Hybrid | 29 | 2,50,925 | 2,315 | 3.79% | 14.92% | 13.62% | 12.84% | 2.51% | 12.14% | 11.18% | 11.90% | 2.78% | - | 86.2% |
| Sub-Category | Equity | ELSS | 50 | 2,41,017 | 861 | 3.89% | 17.26% | 16.50% | 14.92% | 2.71% | 16.34% | 14.56% | 14.26% | 0.85% | 0.21 | 61.7% |
| Sub-Category | Equity | Multi Cap | 32 | 2,27,035 | 3,298 | 5.67% | 19.97% | 18.05% | 16.13% | 3.75% | 18.33% | 16.40% | 15.28% | 1.63% | 0.37 | 63.2% |
| Sub-Category | Hybrid | Multi Asset Allocation | 34 | 2,05,256 | 2,410 | 14.16% | 18.87% | 16.70% | 14.05% | 14.30% | 17.68% | 14.85% | 12.88% | 1.89% | - | 80.0% |
| Sub-Category | Debt | Corporate Bond | 21 | 1,87,356 | 5,527 | 5.08% | 7.34% | 6.28% | 7.30% | 5.18% | 7.21% | 6.09% | 7.08% | 0.12% | - | 61.9% |
| Sub-Category | Equity | Focused | 28 | 1,73,302 | 2,444 | 3.51% | 16.67% | 14.87% | 14.76% | 2.64% | 15.73% | 14.34% | 14.29% | 0.93% | 0.19 | 57.7% |
| Sub-Category | Debt | Low Duration | 25 | 1,41,282 | 1,794 | 6.55% | 7.45% | 6.48% | 6.76% | 6.25% | 7.18% | 6.15% | 6.64% | 0.27% | - | 100.0% |
| Sub-Category | Equity | Value | 21 | 1,36,911 | 1,517 | 4.83% | 19.13% | 17.32% | 14.97% | 2.67% | 15.77% | 14.36% | 14.28% | 3.36% | 0.65 | 89.5% |
| Sub-Category | Debt | Ultra Short Duration | 25 | 1,29,098 | 2,228 | 6.58% | 7.26% | 6.35% | 6.51% | 6.45% | 7.23% | 6.31% | 6.60% | 0.03% | - | 62.5% |
| Sub-Category | Debt | Overnight | 37 | 1,19,009 | 660 | 5.38% | 6.24% | 5.53% | 5.47% | 5.41% | 6.28% | 5.59% | 5.45% | -0.04% | - | 18.8% |
| Sub-Category | Debt | Short Duration | 25 | 1,15,885 | 886 | 5.48% | 7.45% | 6.68% | 7.14% | 5.54% | 7.11% | 6.04% | 6.91% | 0.34% | - | 82.6% |
| Sub-Category | Debt | Banking & PSU | 20 | 74,657 | 2,628 | 4.92% | 7.14% | 6.22% | 7.22% | 5.14% | 6.83% | 5.80% | 6.86% | 0.31% | - | 94.7% |
| Sub-Category | Equity | Contra | 3 | 71,446 | 19,323 | 1.96% | 19.31% | 18.73% | 17.04% | 2.55% | 15.62% | 14.29% | 14.30% | 3.69% | 1.01 | 100.0% |
| Category | Solution Oriented | - | 42 | 57,955 | 407 | 3.68% | 13.45% | 11.92% | 11.46% | 2.78% | 11.58% | 10.51% | 11.45% | 1.87% | - | 66.7% |
| Sub-Category | Hybrid | Equity Savings | 24 | 53,344 | 832 | 5.26% | 10.55% | 9.51% | 9.09% | 4.40% | 9.25% | 8.63% | 9.13% | 1.44% | - | 72.2% |
| Sub-Category | Debt | Floater | 12 | 51,981 | 1,110 | 5.98% | 7.84% | 6.74% | 7.38% | 5.19% | 7.03% | 5.99% | 6.73% | 0.81% | - | 100.0% |
| Sub-Category | Debt | Gilt | 24 | 34,167 | 313 | -0.24% | 6.31% | 5.69% | 7.29% | 1.72% | 6.71% | 5.83% | 7.04% | -0.40% | - | 27.3% |
| Sub-Category | Debt | Dynamic Bond | 22 | 32,149 | 273 | 2.21% | 6.95% | 6.28% | 7.24% | 2.61% | 6.62% | 5.71% | 7.12% | 0.34% | - | 72.7% |
| Sub-Category | Solution Oriented | Retirement Fund | 29 | 31,756 | 285 | 3.80% | 13.28% | 11.45% | 11.58% | 2.99% | 11.44% | 10.26% | 11.31% | 1.85% | - | 69.2% |
| Sub-Category | Equity | Dividend Yield | 11 | 31,402 | 1,465 | 4.32% | 18.82% | 18.27% | 15.53% | 2.74% | 15.86% | 14.40% | 14.27% | 2.96% | 0.60 | 88.9% |
| Sub-Category | Hybrid | Conservative Hybrid | 18 | 29,295 | 838 | 3.55% | 9.16% | 8.66% | 8.46% | 2.99% | 7.80% | 6.98% | 8.31% | 1.36% | - | 77.8% |
| Sub-Category | Solution Oriented | Children’s Fund | 12 | 25,649 | 990 | 3.39% | 13.88% | 13.10% | 11.31% | 2.30% | 11.96% | 11.15% | 11.61% | 1.92% | - | 60.0% |
| Sub-Category | Debt | Medium Duration | 13 | 25,579 | 1,300 | 5.72% | 7.80% | 7.37% | 7.24% | 4.35% | 6.91% | 5.76% | 7.14% | 0.89% | - | 92.3% |
| Sub-Category | Debt | Credit Risk | 14 | 19,750 | 416 | 9.06% | 9.51% | 10.02% | 7.22% | 6.37% | 7.78% | 7.24% | 7.97% | 1.73% | - | 85.7% |
| Sub-Category | Debt | Long Duration | 11 | 13,879 | 124 | -1.82% | 6.11% | 5.39% | 7.33% | -1.21% | 5.60% | 5.50% | 7.34% | 0.51% | - | 100.0% |
| Sub-Category | Debt | FMP | 58 | 11,889 | 167 | 6.04% | 7.36% | 6.54% | 5.98% | 3.35% | 6.72% | 5.80% | 6.51% | 0.65% | - | 91.1% |
| Sub-Category | Debt | Medium to Long Duration | 13 | 10,749 | 368 | 2.21% | 6.64% | 6.02% | 6.80% | 2.78% | 6.73% | 5.76% | 7.18% | -0.08% | - | 41.7% |
| Sub-Category | Debt | Gilt – 10Y | 4 | 4,293 | 990 | 1.94% | 6.95% | 5.61% | 7.64% | 1.42% | 6.56% | 4.92% | 6.09% | 0.39% | - | 75.0% |
| Sub-Category | Hybrid | Balanced Hybrid | 2 | 1,015 | 508 | 3.75% | - | - | - | 1.74% | - | - | - | - | - | - |
Important Disclaimer: This data is for informational purposes only and does not constitute investment advice. Past performance is not indicative of future returns. All data is sourced from AMFI and updated daily. Please read all scheme-related documents carefully and consult a SEBI-registered advisor before investing.