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India's biggest mutual funds: 5 hybrid schemes feature in the top 10. Here's how their SIP returns compare | Mint
INCOME TAX
28 Sept 2026

India's biggest mutual funds: 5 hybrid schemes feature in the top 10. Here's how their SIP returns compare | Mint

Five of India's ten largest equity and hybrid mutual fund schemes are hybrid funds, holding about ₹4.35 lakh crore. This matters to everyday investors, because big size does not mean big returns. For example, HDFC Balanced Advantage has the fourth-largest pool but gave 3.86% over three years. So check what a fund actually holds before you invest.

Key Statutory Highlights

  • Five hybrid funds sit among India's 10 largest equity and hybrid schemes by assets, managing around ₹4.35 lakh crore together.
  • Parag Parikh Flexi Cap Fund is the largest scheme, with ₹1.47 lakh crore in assets as of 31 August 2026.
  • Nippon India Small Cap Fund had the highest three-year SIP return at 10.45%, while HDFC Balanced Advantage Fund gave 3.86% over the same period.
Actionable Advice for Taxpayers / Founders:Before your next investment, look beyond a fund's size and check what it actually invests in, how its strategy differs, and whether that fits your own time horizon and risk appetite. If you are unsure, speak to a qualified adviser.
Statutory Disclaimer: TaxQue Shorts are AI-assisted editorial briefs for compliance awareness. This brief has not passed every source check; confirm the original notification before acting. This does not constitute formal legal or CA counsel.
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