Fastest Growing Mutual Funds in India(2026)
India’s mutual fund industry continued to expand in 2026, with assets under management at ₹73.73 lakh cr. as of March 2026, up 12.2% year-on-year. Monthly SIP contributions also reached ₹32,087 cr. during the month. Within this market, some schemes attract attention due to rising AUM, strong inflows or increasing investor participation, and are often described as the fastest-growing mutual funds.
Top Fast Growing Mutual Funds in 2026
Showing 1 - 5 of 5 results
last updated at 8:00 AM IST
| NameMFs (5)↓ | ↓Sub CategorySub Category↓ | ↓PlanPlan↓ | ↓AUMAUM↓ | ↓CAGR 3YCAGR 3Y↓ | ↓Base Exp. RatioBase Exp. Ratio↓ | ↓Absolute Returns - 1YAbsolute Ret. - 1Y↓ | ↓CAGR 5YCAGR 5Y↓ | ↓AlphaAlpha↓ | ↓NAVNAV↓ | ↓Exit LoadExit Load↓ | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1. | Mirae Asset NYSE FANG+ETF FoF Mirae Asset NYSE FANG+ETF FoF | FoFs (Overseas) FoFs (Overseas) | Growth Growth | 2,707.10 2,707.10 | 58.83 58.83 | 0.03 0.03 | 43.59 43.59 | 33.73 33.73 | 14.69 14.69 | 51.67 51.67 | 0.50 0.50 | |
| 2. | Nippon India Taiwan Equity Fund Nippon India Taiwan Equity Fund | Thematic Fund - Global Thematic Fund - Global | Growth Growth | 1,128.29 1,128.29 | 57.04 57.04 | 0.76 0.76 | 93.62 93.62 | - - | 4.27 4.27 | 33.24 33.24 | 1.00 1.00 | |
| 3. | Mirae Asset S&P 500 Top 50 ETF FoF Mirae Asset S&P 500 Top 50 ETF FoF | FoFs (Overseas) FoFs (Overseas) | Growth Growth | 1,031.03 1,031.03 | 44.90 44.90 | 0.03 0.03 | 40.55 40.55 | 26.96 26.96 | 16.32 16.32 | 34.43 34.43 | 0.50 0.50 | |
| 4. | HSBC Brazil Fund HSBC Brazil Fund | FoFs (Overseas) FoFs (Overseas) | Growth Growth | 352.83 352.83 | 21.90 21.90 | 0.78 0.78 | 45.66 45.66 | 16.37 16.37 | 19.37 19.37 | 13.08 13.08 | 1.00 1.00 | |
| 5. | ICICI Pru Strategic Metal and Energy Equity FoF ICICI Pru Strategic Metal and Energy Equity FoF | FoFs (Overseas) FoFs (Overseas) | Growth Growth | 307.49 307.49 | 36.04 36.04 | 0.19 0.19 | 60.31 60.31 | - - | 19.53 19.53 | 34.38 34.38 | 1.00 1.00 |
Disclaimer: Please note that the above table is for informational purposes only, and is not recommendatory. Please do your own research or consult your financial advisor before investing. The data is derived from Tickertape Mutual Fund Screener and is subject to real-time updates.
Selection criteria: 5Y CAGR: Sorted from highest to lowest, Plan: Growth, Absolute Ret. - 1Y (%)> 40.00, AUM: Sorted from highest to Lowest
Selection criteria: 5Y CAGR: Sorted from highest to lowest, Plan: Growth, Absolute Ret. - 1Y (%)> 40.00, AUM: Sorted from highest to Lowest
What are the Fastest Growing Mutual Funds?
High-growth funds are not an official mutual fund category. The term is usually used for funds experiencing rapid growth in assets, investor inflows, or folios, or for funds focused on growth-oriented assets such as equities. In simple terms, these are mutual funds that have quickly become popular or grown rapidly in size. A low or high growth rate in assets does not automatically make a fund better. Investors should look at the fund’s category, portfolio, risk, expense ratio, and consistency before evaluating it. AMFI classifies funds by category, not by the label “fastest growing mutual funds.”
Overview of the Top Fastest-Growing Mutual Funds
Motilal Oswal Nasdaq 100 FOF
Motilal Oswal Nasdaq 100 FOF is a fund of funds that provides exposure to companies represented in the Nasdaq-100 Index. It primarily focuses on large US businesses across technology, communication services, consumer and other growth-oriented sectors.
ICICI Pru Silver ETF FOF
ICICI Pru Silver ETF FOF is a fund of funds that invests mainly in units of a silver ETF. It gives investors exposure to silver through a mutual fund structure without requiring them to hold or manage the commodity directly.
HDFC Silver ETF FoF
HDFC Silver ETF FoF is designed to provide exposure to silver by investing in units of the HDFC Silver ETF. The scheme offers a mutual fund route for investors looking to participate in movements in domestic silver prices.
Nippon India Silver ETF FOF
Nippon India Silver ETF FOF is a fund of funds that invests primarily in units of Nippon India Silver ETF. It offers indirect exposure to silver, allowing investors to access the commodity through a conventional mutual fund structure.
SBI Silver ETF FOF
SBI Silver ETF FOF invests mainly in units of the SBI Silver ETF, providing indirect exposure to silver prices. The scheme allows investors to participate in silver as an asset class without directly purchasing, storing or managing physical silver.
How to Invest in the Fastest Growing Mutual Funds?
Here’s how you can identify and invest in the fastest growing mutual funds with Tickertape Mutual Fund Screener -
- Launch Tickertape Mutual Fund Screener.
- Add “Absolute Ret. - 1Y (%)” filter and set the lower value: 40.00, Plan: Growth”
- Sort out the best high-growth fund based on over 50 fundamental and technical filters.
- After identifying the fastest-growing mutual funds in India that align with your investment thesis, click on “Place Order” to invest in the fund.
With Tickertape Mutual Fund Screener, you can invest via ‘lumpsum’ or start a ‘SIP’ in Fast Growing Mutual Funds. Moreover, by connecting your portfolio, you can perform a deep analysis and assess its performance.
Taxation of Fast Growing Mutual Funds
Capital gains tax depends on the actual category of the fund. The table below summarises the applicable rates for fast growing mutual funds.
| Fund Type | Holding Period | Tax Treatment |
|---|---|---|
| Equity-Oriented Mutual Funds | Short-Term (12 months) | Gains are taxed at 20%. |
| Equity-Oriented Mutual Funds | Long-Term (more than 12 months) | Gains are taxed at 12.5%. The first ₹1.25 lakh of long-term gains in a financial year is exempt. |
| Non-Equity Mutual Funds | As applicable | Tax treatment depends on the structure of the fund and the applicable tax rules for that category. |
Benefits of Investing in Fast Growing Mutual Funds
Asset Diversification
Silver FoFs such as HDFC Silver ETF FoF and Nippon India Silver ETF FOF provide exposure to a commodity whose return drivers differ from equities, helping investors diversify beyond conventional stock and debt holdings.
Global Exposure
Motilal Oswal Nasdaq 100 FOF provides access to large US-listed companies through the Nasdaq-100. As of February 2026, information technology represented 49.9% of its underlying exposure, offering participation in technology-led global businesses.
Silver Participation
Silver FoFs allow investors to participate in movements in domestic silver prices without directly purchasing or storing physical silver. Nippon India Silver ETF FOF delivered 161.32% over one year to May 2026.
Fund Structure
ICICI Pru, HDFC, Nippon India and SBI Silver FoFs invest through underlying silver ETFs. This structure provides mutual-fund-based access to silver while the underlying ETF handles physical silver exposure and portfolio management.
Flexible Access
Funds such as HDFC Silver ETF FoF allow investors to access silver through conventional mutual fund transactions rather than exchange-traded units directly. This can make commodity exposure accessible without maintaining a separate demat-based ETF position.
Risks of Investing in Fast Growing Mutual Funds
Commodity Volatility
Silver FoFs remain directly influenced by silver-price movements. HDFC Silver ETF FoF carried a Very High Riskometer classification in 2026, highlighting the potential for sharp NAV changes when domestic silver prices fluctuate.
Sector Concentration
Motilal Oswal Nasdaq 100 FOF is concentrated in growth-oriented US sectors. Information technology alone represented 49.9% of exposure in February 2026, making fund performance particularly sensitive to technology valuations, earnings and market sentiment.
Currency Risk
Motilal Oswal Nasdaq 100 FOF provides overseas exposure, so rupee-dollar movements can influence Indian investor returns alongside Nasdaq performance. A stronger rupee can reduce translated gains, while rupee depreciation can increase them.
Tracking Difference
Silver FoFs do not directly replicate silver prices because they invest through an underlying ETF. Fund expenses, ETF costs, cash holdings and tracking error can therefore cause returns to differ from domestic silver-price movements.
Layered Costs
Fund-of-funds investors bear expenses at both the FoF and underlying ETF levels. Motilal Oswal Nasdaq 100 FOF charged 0.22% direct TER in February 2026, alongside expenses charged by its underlying Nasdaq ETF.
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Factors to Consider Before Investing in Fast Growing Mutual Funds
Underlying Driver
Investors should identify what is driving recent growth. Silver FoFs depend mainly on domestic silver prices, while Motilal Oswal Nasdaq 100 FOF depends on US large-cap growth companies, particularly technology businesses.
Silver Demand
Silver prices respond to both investment demand and industrial consumption across electronics, solar equipment and manufacturing. Changes in global industrial activity, supply availability and precious-metal demand can therefore materially influence silver FoF performance.
US Tech Earnings
For Motilal Oswal Nasdaq 100 FOF, earnings growth and valuations of major US technology and communication companies matter significantly. Together, information technology and communication services represented about 65.6% of exposure in February 2026.
Fund Costs
Expense ratios deserve attention because FoFs add another cost layer on top of the underlying ETF. Investors should compare total expenses and tracking differences rather than judging fast-growing schemes only through recent headline returns.
Recent Returns
Sharp recent gains may not continue at the same pace. Nippon India Silver ETF FOF returned 161.32% over one year to May 2026, illustrating why short-term performance should be viewed alongside volatility.
Investment Access
Access conditions can change when overseas investment limits become constrained. Motilal Oswal Nasdaq 100 FOF had stopped new SIP registrations and SIP top-ups, while existing SIPs continued, illustrating how regulatory limits can affect fresh investments.
Conclusion
Fast-growing mutual funds reflect rising investor interest or category momentum rather than a separate fund type. Their performance depends on the underlying category, portfolio, and market conditions. To compare such funds based on meaningful factors like returns, risk, expense ratio, and portfolio composition, investors can use the Tickertape Mutual Fund Screener, which offers multiple filters to analyse and compare schemes effectively.
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Frequently Asked Questions About Fast Growing Mutual Funds
What are the fastest-growing mutual funds?
“Fastest growing mutual funds” is not an official SEBI or AMFI category. The term usually refers to funds experiencing rapid growth in assets, inflows, or investor participation. In simple terms, these are funds that have quickly become popular, not a separate fund type.Which is the fastest-growing mutual fund?
The following are some of the best growth mutual funds based on 1Y returns:- Nippon India Taiwan Equity Fund
- Motilal Oswal Nasdaq 100 FOF
- SBI US Specific Equity Active FoF
- Navi Nasdaq100 US Specific Equity Passive FOF
- ICICI Pru NASDAQ 100 Index Fund
Disclaimer: This information is for educational purposes only and does not constitute investment advice or a recommendation.How to choose the fastest-growing mutual funds before investing?
Investors should first check the fund’s actual category because “fast-growing” is only a descriptive label. They can then review returns, risk, expense ratio, portfolio quality, AUM growth and consistency while comparing leading mutual funds in India.Why should you invest in fast-growing mutual funds?
Some investors track the fastest growing mutual funds because they may reflect rising investor interest, category momentum, or participation in expanding themes such as equity or passive products. For example, equity mutual funds saw inflows of ₹40,450 cr. in March 2026.
Disclaimer: This is for educational purposes only and not a recommendation. A fund growing quickly in AUM or inflows does not automatically make it suitable or better. Investors should assess the fund’s category, portfolio, risk, and fit with their financial goals before investing.What are the advantages of investing in fast-growing mutual funds?
Fast-growing mutual funds can offer access to categories where investor participation is expanding. Some best growth mutual funds may also reflect broader industry momentum. India’s mutual fund industry AUM stood at ₹73.73 lakh cr. as of 31 March 2026.What are the risks of investing in the fastest-growing mutual funds?
The main risk is assuming that rapid growth in AUM or inflows means better returns ahead. Even fastest growing mutual funds can carry concentration risk, valuation risk or category-specific volatility depending on what they actually invest in.Who should look to invest in good return mutual funds?
These funds may be relevant for investors who understand the fund’s category and can evaluate more than popularity or inflow trends. Investors seeking mutual funds for long term growth should focus on suitability, risk and investment horizon.
Disclaimer: This is for educational purposes only and not a recommendation. Investors should choose funds based on their financial goals, risk appetite, and investment horizon, not only because the fund is growing quickly.Are fastest-growing mutual funds safe to invest in?
A high-growth fund is not automatically safe. Its risk depends on the underlying category, portfolio and market exposure. This applies even to best growth mutual funds, since sector-focused or small-cap-heavy portfolios can still experience substantial volatility.
Disclaimer: This is for educational purposes only and not a recommendation. Safety depends on the fund’s structure and the investor’s risk profile, not on how quickly the fund has grown.Can I invest in popular mutual funds in India through SIP?
Yes, if the scheme allows SIPs, investors can invest through SIP like other mutual funds. SIP contributions stood at ₹32,087 cr. in March 2026, and many leading mutual funds in India also offer SIP options.Which mutual fund categories are growing the fastest in India?
Recent data suggest strong traction across passive funds, gold ETFs and flexi-cap funds. Some of these categories also include mutual funds for long term growth, although category growth can change significantly with market conditions.
Disclaimer: This is for educational purposes only and not a recommendation. Category growth can vary with market conditions, so investors should not assume that the fastest-growing category is automatically the most suitable.
