When you scan mutual fund return charts, you’ll always find some schemes that look exceptional in the short term but lose steam over longer periods. And then some funds may not shine in the short term but deliver strongly over 7–10 years.
But when it comes to identifying funds that have met investor expectations across both short-term and long-term horizons, the list becomes very short. In this write-up, we look at some top schemes that have shown consistent performance over 3-, 5- and 10-year periods.
Interestingly, some small-cap and mid-cap funds stood out by delivering over 20% annualised returns across all these timeframes. These schemes have not only outperformed their benchmarks but have also handled market volatility better than many peers, which has helped them build a loyal base of long-term investors.
From Nippon India Small Cap Fund to Edelweiss Mid Cap Fund, only a handful of equity schemes have emerged as steady wealth creators. Strong ratings, quality portfolios, rising AUM and competitive expense ratios make them attractive for both SIP and lump-sum investors.
Here’s a closer look at their performance, portfolio quality and latest NAVs.
Nippon India Small Cap
3-year return: 21.87% CAGR
5-year return: 30.02% CAGR
10-year return: 21.02% CAGR
Rating: 4-star
NAV (as on Dec 1, 2025): Rs 189.2635
Total assets (as on Oct 31, 2025): Rs 68,969 crore
Expense ratio (as on Nov 30, 2025): 0.63%
Quant Small Cap
3-year return: 22.69% CAGR
5-year return: 32.81% CAGR
10-year return: 20.22% CAGR
Rating: 4-star
NAV (as on Dec 1, 2025): Rs 279.9072
Total assets (as on Oct 31, 2025): Rs 30,504 crore
Expense ratio (as on Nov 30, 2025): 0.75%
Invesco India Mid Cap
3-year return: 28.25% CAGR
5-year return: 27.32% CAGR
10-year return: 20.21% CAGR
Rating: 4-star
NAV (as on Dec 1, 2025): Rs 225.7700
Total assets (as on Oct 31, 2025): Rs 9,320 crore
Expense ratio (as on Nov 30, 2025): 0.54%
Edelweiss Mid Cap
3-year return: 26.20% CAGR
5-year return: 27.93% CAGR
10-year return: 20.00% CAGR
Rating: 5-star
NAV (as on Dec 1, 2025): Rs 122.7580
Total assets (as on Oct 31, 2025): Rs 12,647 crore
Expense ratio (as on Nov 30, 2025): 0.40%
Axis Small Cap
3-year return: 20.00% CAGR
5-year return: 24.65% CAGR
10-year return: 20.00% CAGR
Rating: 3-star
NAV (as on Dec 1, 2025): Rs 123.1900
Total assets (as on Oct 31, 2025): Rs 27,066 crore
Expense ratio (as on Nov 30, 2025): 0.56%
(Source: Value Research)
(Disclaimer: This article is for information only. It is not an investment recommendation. Past performance of mutual funds does not guarantee future returns. Please consult your investment adviser before making any investment decisions.)
Note: This content has been translated using AI. It has also been reviewed by FE Editors for accuracy.