Best Risk-Adjusted (High Sharpe)
Most return per unit of risk taken.
Methodology: Ranked by Sharpe ratio — return earned above the ~6.5% risk-free rate, divided by volatility. Higher means the returns weren't just from taking more risk.
| # | Fund | Category | 1Y | 3Y | 5Y | Sharpe | Score |
|---|---|---|---|---|---|---|---|
| Unifi Dynamic Asset Allocation Fund Unifi | Dynamic Asset Allocation or Balanced Advantage | +8.3% | — | — | 2.28 | ||
| HDFC Pharma and Healthcare Fund HDFC | Sectoral/ Thematic | +25.5% | — | — | 1.65 | ||
| WhiteOak Capital Equity Savings Fund WhiteOak Capital | Equity Savings | +8.2% | — | — | 1.44 | ||
| Union Midcap Fund Union | Mid Cap Fund | +13.9% | +19.8% | +17.4% | 1.39 | ||
| HDFC Defence Fund HDFC | Sectoral/ Thematic | +33.1% | +42.4% | — | 1.35 | ||
| BANDHAN SMALL CAP FUND Bandhan | Small Cap Fund | +12.9% | +27.0% | +20.3% | 1.29 | ||
| Motilal Oswal Innovation Opportunities Fund Motilal Oswal | Sectoral/ Thematic | +17.3% | — | — | 1.26 | ||
| Motilal Oswal Active Momentum Fund Motilal Oswal | Sectoral/ Thematic | +28.9% | — | — | 1.20 | ||
| HDFC Transportation and Logistics Fund HDFC | Sectoral/ Thematic | +20.0% | +28.0% | — | 1.20 | ||
| WhiteOak Capital Pharma and Heathcare Fund WhiteOak Capital | Sectoral/ Thematic | +21.9% | — | — | 1.19 | ||
| quant ESG Integration Strategy Fund quant | Sectoral/ Thematic | +23.5% | +18.4% | +20.0% | 1.19 | ||
| ICICI PRUDENTIAL TRANSPORTATION AND LOGISTICS FUND ICICI Prudential | Sectoral/ Thematic | +19.6% | +26.2% | — | 1.15 | ||
| WhiteOak Capital Mid Cap Fund WhiteOak Capital | Mid Cap Fund | +17.7% | +24.5% | — | 1.14 | ||
| BANK OF INDIA Flexi Cap Fund Bank of India | Flexi Cap Fund | +16.5% | +22.3% | +18.1% | 1.14 | ||
| BANK OF INDIA Small Cap Fund Bank of India | Small Cap Fund | +29.0% | +24.4% | +21.5% | 1.13 | ||
| Aditya Birla Sun Life Multi Asset Allocation Fund Aditya Birla Sun Life | Multi Asset Allocation | +17.1% | +17.7% | — | 1.13 | ||
| SBI Small Cap Fund SBI | Small Cap Fund | +8.9% | +13.8% | +15.8% | 1.13 | ||
| ITI Flexi Cap Fund ITI | Flexi Cap Fund | +14.9% | +20.2% | — | 1.10 | ||
| Kotak Healthcare Fund Kotak Mahindra | Sectoral/ Thematic | +25.1% | — | — | 1.10 | ||
| Mahindra Manulife Small Cap Fund Mahindra Manulife | Small Cap Fund | +18.4% | +22.5% | — | 1.10 | ||
| BANDHAN TRANSPORTATION AND LOGISTICS FUND Bandhan | Sectoral/ Thematic | +17.5% | +23.2% | — | 1.09 | ||
| LIC MF Healthcare Fund LIC | Sectoral/ Thematic | +15.9% | +22.6% | — | 1.09 | ||
| Bank of India Multi Cap Fund Bank of India | Multi Cap Fund | +15.6% | +20.3% | — | 1.08 | ||
| Bandhan Multi Asset Allocation Fund Bandhan | Multi Asset Allocation | +17.6% | — | — | 1.07 | ||
| Mahindra Manulife Multi Asset Allocation Fund Mahindra Manulife | Multi Asset Allocation | +18.2% | — | — | 1.07 | ||
| Axis Small Cap Fund Axis | Small Cap Fund | +12.0% | +18.0% | +17.8% | 1.06 | ||
| JM Midcap Fund (Direct) JM Financial | Mid Cap Fund | +14.8% | +21.7% | — | 1.05 | ||
| Edelweiss Small Cap Fund Edelweiss | Small Cap Fund | +12.8% | +18.4% | +19.3% | 1.05 | ||
| quant BFSI Fund quant | Sectoral/ Thematic | +15.6% | +23.4% | — | 1.04 | ||
| Parag Parikh Conservative Hybrid Fund PPFAS | Conservative Hybrid Fund | +5.8% | +10.7% | +9.8% | 1.04 |