Top Mutual Funds for September 2025 That Delivered Highest Returns in the Last 10 Years

Written by: Neha DubeyUpdated on: 21 Aug 2025, 9:40 pm IST

A look at mutual funds over the past 10 years for September 2025, showing consistent 10-year and 3-year CAGR across different fund categories.

Top Mutual Funds for September 2025 That Delivered Highest Returns in the Last 10 Years

Investors looking for long-term wealth creation often turn to mutual funds, and over the past decade, certain funds have consistently outperformed their peers.

These top performing funds have generated a decent 10-year compounded annual growth rates (CAGR), helping investors maximise their returns.

Let’s take a look at the mutual funds that stood out in the last 10 years:

Top 10 Equity Mutual Funds Based on 10-Year CAGR Performance

Fund Name	Benchmark	Sub Category	AUM (₹ Cr)	10Y CAGR (%)	Expense Ratio (%)	3Y CAGR (%)
Nippon India Small Cap Fund	Nifty Smallcap 250 - TRI	Small Cap Fund	65,922.00	21.72	0.64	25.75
Quant ELSS Tax Saver Fund	NIFTY 500 - TRI	Equity Linked Savings Scheme (ELSS)	11,649.15	21.26	0.58	16.69
Quant Small Cap Fund	Nifty Smallcap 250 - TRI	Small Cap Fund	29,462.70	20.38	0.71	27.05
Axis Small Cap Fund	Nifty Smallcap 250 - TRI	Small Cap Fund	26,142.65	19.63	0.57	21.41
SBI Small Cap Fund	BSE 250 Small Cap - TRI	Small Cap Fund	35,562.96	19.59	0.73	17.72
Invesco India Midcap Fund	BSE 150 MidCap - TRI	Mid Cap Fund	7,801.80	19.57	0.55	30.36
Quant Infrastructure Fund	Nifty Infrastructure - TRI	Sectoral Fund - Infrastructure	3,278.61	19.51	0.65	20.05
Quant Flexi Cap Fund	NIFTY 500 - TRI	Flexi Cap Fund	7,011.03	19.43	0.64	18.97
HDFC Small Cap Fund	BSE 250 Small Cap - TRI	Small Cap Fund	35,780.59	19.36	0.71	25.76
HSBC Small Cap Fund	Nifty Smallcap 250 - TRI	Small Cap Fund	16,535.82	19.28	0.64	22.21

Note: The above list includes equity-based mutual funds and is sorted by their 10-year CAGR as of August 21, 2025.

Key Takeaways

Small Cap Dominance: Small cap funds dominate the list, with several funds delivering over 19% CAGR in the last decade.
AUM Variation: Fund sizes vary significantly, from ₹3,278.61 crore for Quant Infrastructure Fund to ₹65,922.00 crore for Nippon India Small Cap Fund, indicating both large and mid-sized fund participation.
Expense Ratios: Expense ratios are relatively moderate, ranging from 0.55% to 0.73%, showing that long-term returns have been achieved at reasonable cost levels.
Shorter-Term Performance: The 3-year CAGR shows variation from 16.69% to 30.36%, providing a glimpse into more recent performance trends compared to the 10-year horizon.

Conclusion

The data shows that long term growth has been achieved across different fund sizes and expense levels, and shorter term performance varies, indicating that returns can differ over different time horizons. This overview provides a factual snapshot of historical performance without suggesting future outcomes.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/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.

Published on: Aug 21, 2025, 3:59 PM IST

Neha Dubey

Neha Dubey is a Content Analyst with 3 years of experience in financial journalism, having written for a leading newswire agency and multiple newspapers. At Angel One, she creates daily content on finance and the economy. Neha holds a degree in Economics and a Master’s in Journalism.

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