Fund Name<\/strong><\/td>Category<\/strong><\/td>1Y Return (Approx.)<\/strong><\/td>AUM (\u20b9 Cr)<\/strong><\/td>Min. SIP<\/strong><\/td><\/tr><\/thead>Nippon India Multi Asset Allocation Fund Direct-Growth<\/strong><\/td>Multi Asset<\/td> 26.70%<\/td> 5,000<\/td> \u20b9100<\/td><\/tr> Nippon India Large Cap Fund Direct-Growth<\/strong><\/td>Large Cap<\/td> 18-20%<\/td> 30,000<\/td> \u20b9100<\/td><\/tr> Nippon India Banking & PSU Debt Fund Direct-Growth<\/strong><\/td>Debt\/Banking<\/td> 7-8%<\/td> 7,000<\/td> \u20b9100<\/td><\/tr> Nippon India ETF Nifty PSU Bank BeES<\/strong><\/td>ETF\/Passive<\/td> 20-25%<\/td> 6,500<\/td> \u20b9100<\/td><\/tr> Nippon India Balanced Advantage Fund Direct-Growth<\/strong><\/td>Hybrid BAF<\/td> 12-14%<\/td> 8,000<\/td> \u20b9100<\/td><\/tr><\/tbody><\/table><\/figure><\/span>1. Nippon India Multi Asset Allocation Fund Direct-Growth<\/strong><\/span><\/h3>The standout 1-year performer among Nippon India mutual funds in 2026 is the Multi Asset Allocation Fund, delivering approximately 26.70% in the last 1 year \u2014 significantly outperforming its benchmark (17.87% since inception). The fund invests across equities, debt, commodities (gold, silver via ETF), and international equities. Key equity holdings: ICICI Bank, HDFC Bank, Reliance Industries, SBI, Infosys, Axis Bank, Bajaj Auto. This diversification across asset classes allowed it to capture gains across multiple markets in FY26.<\/p>
3-year CAGR:<\/strong> ~22.32% | 5-year CAGR: ~16.67%<\/li>\n\nSuitable for:<\/strong> Investors wanting equity growth with diversification across gold, bonds, and international markets.<\/li><\/ul><\/span>2. Nippon India ETF Nifty PSU Bank BeES<\/strong><\/span><\/h3>For investors who believe in passive investing with PSU bank exposure, Nippon India’s PSU Bank BeES ETF delivered approximately 20-25% in the past 1 year \u2014 outperforming FD, gold, and PPF. It tracks the Nifty PSU Bank Index with very low tracking error. This ETF is ideal for Demat account holders who prefer intraday liquidity over mutual fund settlement cycles.<\/p>
<\/span>Best Nippon India Mutual Funds for 3 Years (2026)<\/strong><\/span><\/h2>Fund Name<\/strong><\/td>Category<\/strong><\/td>3Y CAGR (Approx.)<\/strong><\/td>5Y CAGR<\/strong><\/td>AUM (\u20b9 Cr)<\/strong><\/td><\/tr><\/thead>Nippon India Large Cap Fund Direct-Growth<\/strong><\/td>Large Cap<\/td> 19.87%<\/td> 25.08%<\/td> 30,000<\/td><\/tr> Nippon India Small Cap Fund Direct-Growth<\/strong><\/td>Small Cap<\/td> 20-22%<\/td> 24-26%<\/td> 60,000<\/td><\/tr> Nippon India Growth Fund Direct-Growth (Mid Cap)<\/strong><\/td>Mid Cap<\/td> 25.46%<\/td> 21.5%<\/td> 32,000<\/td><\/tr> Nippon India Multi Asset Allocation Fund<\/strong><\/td>Multi Asset<\/td> 22.32%<\/td> 16.67%<\/td> 5,000<\/td><\/tr> Nippon India Flexi Cap Fund Direct-Growth<\/strong><\/td>Flexi Cap<\/td> 16-18%<\/td> 18-20%<\/td> 10,000<\/td><\/tr><\/tbody><\/table><\/figure><\/span>1. Nippon India Large Cap Fund Direct-Growth<\/strong><\/span><\/h3>The best Nippon India mutual fund for 3-year investors in 2026 is the Large Cap Fund, which delivered the highest 3-year CAGR (approximately 19.87%) and 5-year CAGR (approximately 25.08%) in the large-cap category nationally \u2014 outperforming even Nifty 100 TRI benchmark. For investors who believe large-cap active management is dead, this fund is a compelling counter-argument. Key positions in HDFC Bank, ICICI Bank, Reliance Industries, Infosys, and Larsen & Toubro drive performance.<\/p>
<\/span>2. Nippon India Growth Fund (Mid Cap) Direct-Growth<\/strong><\/span><\/h3>Nippon India Growth Fund is one of India’s oldest mid-cap funds with approximately 25.46% 3-year CAGR and 21.5% 5-year CAGR \u2014 both above the mid-cap category average. With AUM of approximately \u20b932,000 crore, the fund has the scale to access quality mid-cap companies early. Its focus on growth businesses in consumer discretionary, healthcare, and technology has been a key alpha driver.<\/p>
<\/span>3. Nippon India Small Cap Fund Direct-Growth<\/strong><\/span><\/h3>Nippon India Small Cap Fund is India’s largest small-cap fund by AUM (approximately \u20b960,000 crore), though this scale has occasionally created liquidity concerns for fund managers. Despite the large corpus, 3-year CAGR of approximately 20-22% and 5-year CAGR of approximately 24-26% place it among the strongest small-cap funds nationally. The fund has delivered 5x returns over 10 years, making it exceptional for patient long-term investors.<\/p>
<\/span>Best Nippon India Mutual Funds for 5 Years (2026)<\/strong><\/span><\/h2>Fund Name<\/strong><\/td>Category<\/strong><\/td>5Y CAGR (Approx.)<\/strong><\/td>10Y CAGR<\/strong><\/td>Risk Level<\/strong><\/td><\/tr><\/thead>Nippon India Small Cap Fund Direct-Growth<\/strong><\/td>Small Cap<\/td> 24-26%<\/td> 20-22%<\/td> High<\/td><\/tr> Nippon India Large Cap Fund Direct-Growth<\/strong><\/td>Large Cap<\/td> 25.08%<\/td> 17-19%<\/td> Moderate<\/td><\/tr> Nippon India Growth Fund (Mid Cap) Direct-Growth<\/strong><\/td>Mid Cap<\/td> 21.5%<\/td> 18-20%<\/td> Moderate-High<\/td><\/tr> Nippon India Equity Hybrid Fund Direct-Growth<\/strong><\/td>Aggressive Hybrid<\/td> 16-18%<\/td> 14-16%<\/td> Moderate<\/td><\/tr> Nippon India Multi Asset Allocation Fund<\/strong><\/td>Multi Asset<\/td> 16.67%<\/td> N\/A (newer fund)<\/td> Moderate<\/td><\/tr><\/tbody><\/table><\/figure>Nippon India Large Cap Fund’s 5-year CAGR of approximately 25.08% is the highest in the large-cap category nationally. This performance is remarkable because large-cap funds typically struggle to beat their benchmarks \u2014 Nippon India has done so consistently, by investing in quality large-cap companies at the right valuations. For investors who want large-cap stability with above-market returns, this is a compelling choice.<\/p>