Mutual Funds India

Explore 14,337+ mutual fund schemes across 51 fund houses. Search, browse by category, and track live NAV.

14,337
Total Schemes
51
Fund Houses
2,545
Direct-Growth
14,337
With Live NAV
as on 08-Apr-2026
Frequently Asked Questions
What is a mutual fund?
A mutual fund is a professionally managed investment vehicle that pools money from multiple investors to invest in a diversified portfolio of stocks, bonds, and other securities. In India, all mutual funds are regulated by SEBI (Securities and Exchange Board of India) and managed by SEBI-registered Asset Management Companies (AMCs).
What is NAV in mutual funds?
NAV (Net Asset Value) is the per-unit market value of a mutual fund scheme. It is calculated by dividing the total value of all assets minus liabilities by the number of outstanding units. NAV is updated daily by AMFI after market hours. When you invest, units are allotted based on the applicable NAV.
What is the difference between Direct and Regular mutual fund plans?
Direct plans have lower expense ratios (0.5-1% lower) because they don't include distributor commission. This means your money compounds faster. Over 10+ years, this difference can result in 10-20% more wealth. Direct plans are purchased directly from the AMC or through investment platforms, while Regular plans are sold through distributors/agents.
What is SIP and how does it work?
SIP (Systematic Investment Plan) allows you to invest a fixed amount in a mutual fund at regular intervals (usually monthly). It helps with rupee cost averaging — you buy more units when NAV is low and fewer when it's high. SIPs instil discipline, remove the need for market timing, and can start with as little as ₹500/month. Most SIPs auto-debit from your bank account on a chosen date.
What is the difference between Growth and IDCW options?
In Growth option, all profits are reinvested in the fund, allowing your money to compound over time — ideal for long-term wealth creation. In IDCW (Income Distribution cum Capital Withdrawal), the fund periodically distributes a portion of profits to investors. IDCW is not "extra income" — it reduces your NAV by the distributed amount. For most investors, Growth option is recommended.
What is ELSS and how does it save tax?
ELSS (Equity Linked Saving Scheme) is a tax-saving mutual fund that qualifies for deduction under Section 80C of the Income Tax Act (up to ₹1.5 lakh per year). ELSS has the shortest lock-in of 3 years among all 80C instruments (PPF: 15 years, NPS: till retirement). Long-term capital gains above ₹1 lakh from ELSS are taxed at 10%.
How are mutual fund returns calculated?
Returns are calculated as percentage change in NAV over a period. Formula: ((Current NAV - NAV at start) / NAV at start) × 100. Returns on this platform are computed from actual historical NAV data sourced from AMFI via MFAPI.in. For periods over 1 year, CAGR (Compound Annual Growth Rate) is more appropriate. All returns shown are for Direct Growth plans.
What is risk rating in mutual funds?
Our risk rating (1-5) is calculated from the fund's historical NAV volatility (annualised standard deviation of daily returns). Rating 1-2 = Low risk (debt/liquid funds), 3 = Moderate (large cap, hybrid), 4-5 = High risk (mid/small cap, sectoral). SEBI also mandates a "Riskometer" from Low to Very High on all scheme documents.
How to choose the best mutual fund?
Consider these factors: (1) Investment goal and time horizon, (2) Risk tolerance, (3) Category suitability (equity for 5+ years, debt for 1-3 years, liquid for < 1 year), (4) Consistent long-term returns (3Y/5Y) vs one-year spikes, (5) Fund house reputation, (6) Expense ratio (prefer Direct plans), (7) Fund manager track record. Use our MF Screener to compare schemes side by side.
Is it safe to invest in mutual funds?
Mutual funds in India are regulated by SEBI, with strict compliance rules. Your money is held by a custodian (not the AMC), so even if an AMC shuts down, your investment is protected. However, mutual funds are subject to market risk — equity funds can lose value in the short term. Debt funds carry credit and interest rate risk. Always read the scheme information document and consult a financial advisor.
About Mutual Funds in India

Mutual funds pool money from multiple investors to invest in diversified portfolios of stocks, bonds, and other securities managed by professional fund managers. In India, SEBI-regulated Asset Management Companies (AMCs) offer various categories of mutual fund schemes including equity, debt, hybrid, and solution-oriented funds.

Key Categories: Large Cap funds invest in top 100 companies by market capitalization. Mid Cap targets companies ranked 101-250. Small Cap invests in companies ranked 251+. ELSS (Equity Linked Saving Scheme) offers tax benefits under Section 80C with a 3-year lock-in period. Index funds passively track benchmark indices like NIFTY 50 or SENSEX.

Direct vs Regular Plans: Direct plans have lower expense ratios as they don't involve distributor commissions, leading to better long-term returns. Growth option reinvests profits for compounding, while IDCW (Income Distribution cum Capital Withdrawal) periodically pays out returns.

Data Source: NAV and scheme data is sourced from MFAPI.in which aggregates official AMFI (Association of Mutual Funds in India) data. NAV is updated 6 times daily.