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

For October 2026, several equity 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 Equity Mutual Funds in India for October 2026 

Note: In the above data the NAV is as of September 28, 2026, and AUM as of August 31, 2026. 

SBI PSU Fund 

SBI PSU Fund leads with a 5-year CAGR of 21.05%. Managed by Rohit Shimpi, this fund has an AUM of ₹6,703.2 crore and an expense ratio of 1.88%. The exit load is 0.50% on or before 30 days and nil after 30 days, and it tracks the BSE PSU - TRI benchmark. 

Aditya Birla SL PSU Equity Fund 

Aditya Birla SL PSU Equity Fund follows closely with a 5-year CAGR of 20.26%. Managed by Dhaval Gala, it has an AUM of ₹6,072.6 crore and an expense ratio of 1.88%. This fund has an exit load of 1% on or before 30 days (nil after 30 days) and uses the BSE PSU - TRI benchmark. 

LIC MF Infra Fund 

The LIC MF Infra Fund has achieved a 5-year CAGR of 20.09%. With an AUM of ₹1,174 crore, it is managed by Mahesh Bendre and has an expense ratio of 2.69%. The exit load is nil up to 12% of units and 1% on remaining units on or before 90 days (nil after 90 days), and it follows the Nifty Infrastructure - TRI benchmark. 

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DSP India T.I.G.E.R Fund 

DSP India T.I.G.E.R Fund records a 5-year CAGR of 19.84%. Managed by Rohit Singhania, it holds an AUM of ₹6,467.3 crore with an expense ratio of 2.03%. The exit load is 1% before 12 months (nil on or after 12 months), and it benchmarks against the BSE India Infrastructure Index - TRI. 

ICICI Pru Infrastructure Fund 

ICICI Pru Infrastructure Fund has a 5-year CAGR of 19.76%. Managed by Sanket Gaidhani, this fund has a substantial AUM of ₹8,558.1 crore and an expense ratio of 1.91%. The exit load is 1% on or before 15 days (nil after 15 days), and it tracks the BSE India Infrastructure Index - TRI benchmark. 

Conclusion 

The top 5 equity mutual funds for October 2026 based on 5-year CAGR include SBI PSU Fund at 21.05%, Aditya Birla SL PSU Equity Fund at 20.26%, and LIC MF Infra Fund at 20.09%. DSP India T.I.G.E.R Fund and ICICI Pru Infrastructure Fund follow with 19.84% and 19.76% 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.