Best Mutual Funds 2026, by Category

Curated "top performer" lists for every major fund category, ranked by the SmartMoney Score™ — our multi-factor rating blending risk-adjusted returns, consistency, downside protection, cost, alpha and trust.

Best Large Cap Funds

5 funds rated · Top pick: ICICI Pru Bluechip Fund (score 51)

Best Mid Cap Funds

3 funds rated · Top pick: Motilal Oswal Midcap Fund (score 57)

Best Small Cap Funds

3 funds rated · Top pick: Quant Small Cap Fund (score 54)

Best ELSS (Tax Saver) Funds

3 funds rated · Top pick: Quant ELSS Tax Saver Fund (score 54)

Best Flexi Cap Funds

2 funds rated · Top pick: Parag Parikh Flexi Cap Fund (score 60)

Best Index Fund Funds

2 funds rated · Top pick: Motilal Oswal Nifty Midcap 150 Index Fund (score 43)

Best Hybrid — Aggressive Funds

2 funds rated · Top pick: ICICI Pru Equity & Debt Fund (score 57)

Best Debt — Short Duration Funds

2 funds rated · Top pick: HDFC Short Term Debt Fund (score 56)

Disclaimer: These rankings are produced by a rules-based, educational scoring model using illustrative data. They are not recommendations to buy, sell or hold any scheme. Past performance does not guarantee future returns. Mutual fund investments are subject to market risks — read all scheme-related documents carefully. Consult a SEBI-registered investment adviser before investing.