Best 5 Performing Mutual Funds in India for September 2026 Based on 5-Year CAGR

In September 2026, several mutual funds in India have shown impressive performance over a 5-year period. This article highlights the top 5 funds based on their 5-year Compound Annual Growth Rate (CAGR), offering insights into their growth and management.
Top 5 Performing Mutual Funds in India for September 2026
| S.No | Name | AUM (in Rs. Crore) | NAV | Expense Ratio | 3 Year CAGR (%) | 5 Year CAGR (%) |
| 1 | Mirae Asset NYSE FANG+ETF FoF | 2404.86 | 44.58 | 0.03 | 48.65 | 31.36 |
| 2 | DSP World Gold Mining Overseas Equity Omni FoF | 1433.31 | 68.57 | 1.74 | 57.59 | 30.91 |
| 3 | Bank of India Credit Risk Fund | 92.49 | 14.84 | 0.62 | 10.07 | 27.77 |
| 4 | LIC MF Gold ETF FoF | 775.01 | 42.01 | 0.35 | 36.2 | 25.7 |
| 5 | SBI Gold Fund | 15294.33 | 47.06 | 0.24 | 36.08 | 25.64 |
Note: In the above data the NAV is as of August 31, 2026, and AUM as of July 31, 2026.
Mirae Asset NYSE FANG+ETF FoF
Mirae Asset NYSE FANG+ETF FoF leads with a 5-year CAGR of 31.36%. Managed by Ekta Gala and Akshar Udeshi, this fund has an AUM of ₹2,404.86 crore and a minimal expense ratio of 0.03%. The exit load is 0.5%, and it tracks the NYSE FANG+ TRI benchmark.
DSP World Gold Mining Overseas Equity Omni FoF
DSP World Gold Mining Overseas Equity Omni FoF follows closely with a 5-year CAGR of 30.91%. Managed by Kaivalya Nadkarni, it has an AUM of ₹1,433.31 crore and an expense ratio of 1.74%. This fund does not have an exit load and uses the FTSE Gold Mines benchmark.
Bank of India Credit Risk Fund
The Bank of India Credit Risk Fund has achieved a 5-year CAGR of 27.77%. With an AUM of ₹92.49 crore, it is managed by Alok Singh and has an expense ratio of 0.62%. The exit load is 1%, and it follows the CRISIL Credit Risk Debt Index.
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LIC MF Gold ETF FoF
LIC MF Gold ETF FoF records a 5-year CAGR of 25.7%. Managed by Sumit Bhatnagar and Sasikant Aravamuthan, it holds an AUM of ₹775.01 crore with an expense ratio of 0.35%. The exit load is 1%, and it benchmarks against Gold-India.
SBI Gold Fund
SBI Gold Fund has a 5-year CAGR of 25.64%. Managed by Viral Chhadva, this fund has a substantial AUM of ₹15,294.33 crore and an expense ratio of 0.24%. The exit load is 1%, and it tracks the Gold-London Bullion Market Association (LBMA) benchmark.
Conclusion
The top 5 mutual funds for September 2026 based on 5-year CAGR include Mirae Asset NYSE FANG+ETF FoF at 31.36%, DSP World Gold Mining Overseas Equity Omni FoF at 30.91%, and Bank of India Credit Risk Fund at 27.77%. LIC MF Gold ETF FoF and SBI Gold follow with 25.7% and 25.64% respectively.
Disclaimer: This blog has been written exclusively for educational purposes. The securities or companies mentioned are only examples and not recommendations. This does not constitute a personal recommendation or investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.
Mutual Fund investments are subject to market risks, read all scheme-related documents carefully.
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Published on: Sep 1, 2026, 1:08 PM IST

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