Top 6 Mutual Funds With Over 10% CAGR Return In Past Decade

Before selecting a mutual fund, one of the key parameters to ensure optimal returns is assessing past performance of these schemes. While past performance does not guarantee future results, it remains a useful measure of a fund's historical track record. Notably, some of the top mutual funds in India have delivered exceptional returns in the past decade, exceeding expectations.

Here is a list of top six mutual funds which gave more than 10 per cent compound annual growth rate (CAGR) return over the past ten years

HDFC Large Cap Fund has recorded a 10-year return of 12 percent and falls under the high-risk category. As of February 11, its net asset value (NAV) stands at Rs 1,140.46, with assets under management (AUM) amounting to Rs 7,57,067.19 crore. The fund has an expense ratio of 1.01 percent and an exit load of 1 percent if redeemed within one year. Managed by Rahul Baijal and Dhruv Muchhal, it offers an annual interest rate of 6.5 percent for one year.

SBI Bluechip Fund has provided a 10-year return of 12.12 percent and is classified as very high risk. Its NAV as of February 11 is Rs 93.40, with an AUM of Rs 11,06,904.48 crore. The fund has an expense ratio of 0.82 percent and an exit load of 1 percent if redeemed within one year. Managed by Saurabh Pant and Pradeep Kesavan, it offers an annual interest rate of 10.4 percent for one year.

Mirae Asset Large Cap Fund has delivered a 10-year return of 12.58 percent and is categorized as very high risk. Its NAV, as of February 11, is Rs 115.13, with an AUM of Rs 1,81,758.25 crore. The fund has an expense ratio of 0.49 percent and an exit load of 1 percent if redeemed within one year. Gaurav Mishra manages this fund, which offers an annual interest rate of 9.8 percent for one year.

Canara Robeco Bluechip Equity Fund has posted a 10-year return of 12.87 percent and is classified as very high risk. As of February 11, its NAV stands at Rs 66.59, with an AUM of Rs 1,09,319.80 crore. The expense ratio for this fund is 0.51 percent, and an exit load of 1 percent applies if redeemed within one year. Managed by Vishal Mishra and Shridatta Bhandwaldar, it offers an annual interest rate of 12.8 percent for one year.

ICICI Prudential Bluechip Fund has recorded a 10-year return of 13.21 percent and falls under the very high-risk category. As of February 11, its NAV is Rs 110.08, with an AUM of Rs 7,81,394.30 crore. The fund has an expense ratio of 0.91 percent, and an exit load of 1 percent applies if redeemed within one year. Managed by Anish Tawakley, Vaibhav Dusad, and Sharmila D'mello, the fund provides an annual interest rate of 9 percent for one year.

Nippon India Large Cap Fund has delivered a 10-year return of 13.23 percent and is classified as very high risk. Its NAV, as of February 11, is Rs 90.54, with an AUM of Rs 5,13,159.79 crore. The fund has an expense ratio of 0.71 percent, and an exit load of 1 percent applies if redeemed within seven days. Managed by Sailesh Raj Bhan and Bhavik Dave, it offers an annual interest rate of 9.2 percent for one year.