Top 10 Best Direct Mutual Funds to Invest

Updated on September 14, 2025 , 20867 views

Mutual Fund schemes, offer two plans- Regular and Direct. Most of the investors Investing in Mutual Funds usually prefer regular funds, but nevertheless, the interest for direct funds amongst new investors has let to increase in demand. The key Factor that differentiates between both these plans are expense ratio, the direct plan’s expense ratio is less as compared to that of a regular plan.

Direct plans are not separate schemes, but they are a variation of the regular plan with a lower expense ratio. So, an investor who wants to invest in a Mutual Fund can either opt for a regular plan or a direct plan. Ideally, an investor who can independently invest in Mutual Funds without seeking the help of an advisor can invest in direct plans.

Let’s learn more about direct fund investments, along with some of the best direct mutual funds to invest.

What are Direct Mutual Funds Investment?

Direct funds are available through a limited number of channels. An investor can mainly invest through the fund house itself, a very few third party securities intermediaries, RTAs such as CAMS/Karvy, and authorized local representatives of the fund house. Mostly, in direct mutual fund investments, no arn (Application Reference Number) is quoted in the investor’s application. Therefore, the commission paid to the investors is very low or sometimes nil. This decreases the cost of customer acquisition for the AMC.

Other than the expense ratio, direct plans are also those where the fund house does not charge distributor expenses/transaction charges/trail fees. The Net Asset Value (NAV) of the mutual fund-direct plan can be higher compared to a regular mutual fund plan.

As the expense ratio of the direct plan is lower, it is said that the investors would get higher returns in comparison to regular plans. A return of about 0.5 percent to 1.5 percent would be higher, depending upon the fund house expense ratio. So, ideally, investors who want to increase their returns by way of reducing the expense ratio can invest in direct mutual fund plans.

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Best Direct Mutual Funds to Invest in India

Here are some of the best direct mutual fund plans based, on- equity & hybrid 3 years returns, debt on 1 year returns, that you can consider while investing.

Best Direct Mutual Fund Plans- Equity Category

Fund	NAV	Net Assets (Cr)	3 MO (%)	6 MO (%)	1 YR (%)	3 YR (%)	5 YR (%)	2024 (%)
Franklin India Opportunities Fund - Direct Growth	₹285.974	₹7,376	5.3	21.3	1.6	29.5	29.9	39.2
Franklin Build India Fund - Direct Growth	₹164.883	₹2,950	2.4	19.2	-0.8	28.5	34	29.1
Franklin India Feeder - Franklin U S Opportunities Fund - Direct Growth	₹91.705	₹4,223	11	22.7	19.5	24.3	13.3	28.4
Franklin India Technology Fund - Direct Growth	₹577.673 ↑ 4.12	₹1,888	1.9	13.5	-6	23.9	20.7	29.8
Franklin India Smaller Companies Fund - Direct Growth	₹194.665 ↑ 1.04	₹13,825	-1.1	19.8	-7.6	23.1	29.5	24.2
Franklin India Prima Fund - Direct Growth	₹3,128.77 ↑ 24.08	₹12,540	1.6	18.4	-0.4	22.8	25	32.9
Sundaram SMILE Fund - Direct Growth	₹292.289	₹3,394	2.2	24	-1.5	21.7	28.4	20.4
DSP Micro Cap Fund - Direct Growth	₹219.154 ↑ 0.79	₹17,005	0.7	23.9	-2.3	21.1	27.5	26.7
Edelweiss Economic Resurgence Fund - Direct Growth	₹44.74	₹2,768	2.9	17.4	-1.2	20.2	23.4	27.4
Franklin India Taxshield - Direct Growth	₹1,659.71 ↑ 14.68	₹6,706	0.5	14.5	-1.7	19.8	24.6	23.4
Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 15 Sep 25

Research Highlights & Commentary of 10 Funds showcased

Commentary	Franklin India Opportunities Fund - Direct	Franklin Build India Fund - Direct	Franklin India Feeder - Franklin U S Opportunities Fund - Direct	Franklin India Technology Fund - Direct	Franklin India Smaller Companies Fund - Direct	Franklin India Prima Fund - Direct	Sundaram SMILE Fund - Direct	DSP Micro Cap Fund - Direct	Edelweiss Economic Resurgence Fund - Direct	Franklin India Taxshield - Direct
Point 1	Upper mid AUM (₹7,376 Cr).	Bottom quartile AUM (₹2,950 Cr).	Lower mid AUM (₹4,223 Cr).	Bottom quartile AUM (₹1,888 Cr).	Top quartile AUM (₹13,825 Cr).	Upper mid AUM (₹12,540 Cr).	Lower mid AUM (₹3,394 Cr).	Highest AUM (₹17,005 Cr).	Bottom quartile AUM (₹2,768 Cr).	Upper mid AUM (₹6,706 Cr).
Point 2	Oldest track record among peers (12 yrs).	Established history (12+ yrs).	Established history (12+ yrs).	Established history (12+ yrs).	Established history (12+ yrs).	Established history (12+ yrs).	Established history (12+ yrs).	Established history (12+ yrs).	Established history (10+ yrs).	Established history (12+ yrs).
Point 3	Not Rated.	Not Rated.	Not Rated.	Not Rated.	Not Rated.	Not Rated.	Not Rated.	Not Rated.	Not Rated.	Not Rated.
Point 4	Risk profile: Moderately High.	Risk profile: High.	Risk profile: High.	Risk profile: High.	Risk profile: Moderately High.	Risk profile: Moderately High.	Risk profile: Moderately High.	Risk profile: Moderately High.	Risk profile: High.	Risk profile: Moderately High.
Point 5	5Y return: 29.88% (top quartile).	5Y return: 34.00% (top quartile).	5Y return: 13.34% (bottom quartile).	5Y return: 20.72% (bottom quartile).	5Y return: 29.47% (upper mid).	5Y return: 24.95% (lower mid).	5Y return: 28.41% (upper mid).	5Y return: 27.51% (upper mid).	5Y return: 23.37% (bottom quartile).	5Y return: 24.62% (lower mid).
Point 6	3Y return: 29.47% (top quartile).	3Y return: 28.51% (top quartile).	3Y return: 24.27% (upper mid).	3Y return: 23.88% (upper mid).	3Y return: 23.13% (upper mid).	3Y return: 22.76% (lower mid).	3Y return: 21.66% (lower mid).	3Y return: 21.08% (bottom quartile).	3Y return: 20.16% (bottom quartile).	3Y return: 19.82% (bottom quartile).
Point 7	1Y return: 1.64% (top quartile).	1Y return: -0.84% (upper mid).	1Y return: 19.48% (top quartile).	1Y return: -5.98% (bottom quartile).	1Y return: -7.57% (bottom quartile).	1Y return: -0.39% (upper mid).	1Y return: -1.52% (lower mid).	1Y return: -2.34% (bottom quartile).	1Y return: -1.25% (upper mid).	1Y return: -1.72% (lower mid).
Point 8	Alpha: 3.08 (upper mid).	Alpha: 0.00 (lower mid).	Alpha: -6.49 (bottom quartile).	Alpha: 3.44 (top quartile).	Alpha: -4.68 (bottom quartile).	Alpha: 2.37 (upper mid).	Alpha: 4.24 (top quartile).	Alpha: 0.00 (bottom quartile).	Alpha: 0.80 (lower mid).	Alpha: 0.94 (upper mid).
Point 9	Sharpe: -0.22 (upper mid).	Sharpe: -0.45 (bottom quartile).	Sharpe: 0.72 (top quartile).	Sharpe: -0.50 (bottom quartile).	Sharpe: -0.55 (bottom quartile).	Sharpe: -0.20 (upper mid).	Sharpe: -0.11 (upper mid).	Sharpe: -0.03 (top quartile).	Sharpe: -0.39 (lower mid).	Sharpe: -0.37 (lower mid).
Point 10	Information ratio: 2.01 (top quartile).	Information ratio: 0.00 (lower mid).	Information ratio: -1.39 (bottom quartile).	Information ratio: 1.40 (upper mid).	Information ratio: 0.10 (upper mid).	Information ratio: 0.08 (lower mid).	Information ratio: -0.29 (bottom quartile).	Information ratio: 0.00 (bottom quartile).	Information ratio: 1.07 (upper mid).	Information ratio: 1.58 (top quartile).

Franklin India Opportunities Fund - Direct

Upper mid AUM (₹7,376 Cr).
Oldest track record among peers (12 yrs).
Not Rated.
Risk profile: Moderately High.
5Y return: 29.88% (top quartile).
3Y return: 29.47% (top quartile).
1Y return: 1.64% (top quartile).
Alpha: 3.08 (upper mid).
Sharpe: -0.22 (upper mid).
Information ratio: 2.01 (top quartile).

Franklin Build India Fund - Direct

Bottom quartile AUM (₹2,950 Cr).
Established history (12+ yrs).
Not Rated.
Risk profile: High.
5Y return: 34.00% (top quartile).
3Y return: 28.51% (top quartile).
1Y return: -0.84% (upper mid).
Alpha: 0.00 (lower mid).
Sharpe: -0.45 (bottom quartile).
Information ratio: 0.00 (lower mid).

Franklin India Feeder - Franklin U S Opportunities Fund - Direct

Lower mid AUM (₹4,223 Cr).
Established history (12+ yrs).
Not Rated.
Risk profile: High.
5Y return: 13.34% (bottom quartile).
3Y return: 24.27% (upper mid).
1Y return: 19.48% (top quartile).
Alpha: -6.49 (bottom quartile).
Sharpe: 0.72 (top quartile).
Information ratio: -1.39 (bottom quartile).

Franklin India Technology Fund - Direct

Bottom quartile AUM (₹1,888 Cr).
Established history (12+ yrs).
Not Rated.
Risk profile: High.
5Y return: 20.72% (bottom quartile).
3Y return: 23.88% (upper mid).
1Y return: -5.98% (bottom quartile).
Alpha: 3.44 (top quartile).
Sharpe: -0.50 (bottom quartile).
Information ratio: 1.40 (upper mid).

Franklin India Smaller Companies Fund - Direct

Top quartile AUM (₹13,825 Cr).
Established history (12+ yrs).
Not Rated.
Risk profile: Moderately High.
5Y return: 29.47% (upper mid).
3Y return: 23.13% (upper mid).
1Y return: -7.57% (bottom quartile).
Alpha: -4.68 (bottom quartile).
Sharpe: -0.55 (bottom quartile).
Information ratio: 0.10 (upper mid).

Franklin India Prima Fund - Direct

Upper mid AUM (₹12,540 Cr).
Established history (12+ yrs).
Not Rated.
Risk profile: Moderately High.
5Y return: 24.95% (lower mid).
3Y return: 22.76% (lower mid).
1Y return: -0.39% (upper mid).
Alpha: 2.37 (upper mid).
Sharpe: -0.20 (upper mid).
Information ratio: 0.08 (lower mid).

Sundaram SMILE Fund - Direct

Lower mid AUM (₹3,394 Cr).
Established history (12+ yrs).
Not Rated.
Risk profile: Moderately High.
5Y return: 28.41% (upper mid).
3Y return: 21.66% (lower mid).
1Y return: -1.52% (lower mid).
Alpha: 4.24 (top quartile).
Sharpe: -0.11 (upper mid).
Information ratio: -0.29 (bottom quartile).

DSP Micro Cap Fund - Direct

Highest AUM (₹17,005 Cr).
Established history (12+ yrs).
Not Rated.
Risk profile: Moderately High.
5Y return: 27.51% (upper mid).
3Y return: 21.08% (bottom quartile).
1Y return: -2.34% (bottom quartile).
Alpha: 0.00 (bottom quartile).
Sharpe: -0.03 (top quartile).
Information ratio: 0.00 (bottom quartile).

Edelweiss Economic Resurgence Fund - Direct

Bottom quartile AUM (₹2,768 Cr).
Established history (10+ yrs).
Not Rated.
Risk profile: High.
5Y return: 23.37% (bottom quartile).
3Y return: 20.16% (bottom quartile).
1Y return: -1.25% (upper mid).
Alpha: 0.80 (lower mid).
Sharpe: -0.39 (lower mid).
Information ratio: 1.07 (upper mid).

Franklin India Taxshield - Direct

Upper mid AUM (₹6,706 Cr).
Established history (12+ yrs).
Not Rated.
Risk profile: Moderately High.
5Y return: 24.62% (lower mid).
3Y return: 19.82% (bottom quartile).
1Y return: -1.72% (lower mid).
Alpha: 0.94 (upper mid).
Sharpe: -0.37 (lower mid).
Information ratio: 1.58 (top quartile).

Best Direct Mutual Fund Plans- Debt Category

Fund	NAV	Net Assets (Cr)	3 MO (%)	6 MO (%)	1 YR (%)	3 YR (%)	5 YR (%)	2024 (%)
Franklin India Income Builder Account - Plan A - Direct Growth	₹109.482 ↑ 0.07	₹1,109	1.4	6.2	10	8.2	6.9	8.2
Axis Corporate Debt Opportunities Fund - Direct Growth	₹18.3303 ↑ 0.00	₹9,403	1.2	5.1	8.9	8.2	6.9	8.7
HDFC Floating Rate Income Fund - Short Term Plan - Direct Growth	₹51.7036	₹15,497	1.5	4.5	8.4	8.1	6.9	8.5
UTI Short Term Income Fund - Direct Growth	₹34.208	₹3,296	1.3	4.6	8.3	8	7.6	8.4
Franklin India Banking And PSU Debt Fund - Direct Growth	₹23.7656	₹539	1.3	4.6	8.2	7.6	6.3	8.1
Franklin India Savings Plus Fund Retail Option - Direct Growth	₹52.6217	₹4,080	1.5	4.2	8	7.6	6.1	7.8
UTI Money Market Fund - Direct Growth	₹3,168.51	₹20,554	1.6	4.2	7.9	7.6	6.2	7.8
UTI Treasury Advantage Fund - Direct Growth	₹3,655.82 ↑ 1.16	₹3,211	1.5	4.2	7.9	7.5	7.2	7.8
Edelweiss Bond Fund - Direct Growth	₹31.8045 ↑ 0.01	₹2,240	1.5	4.1	7.9	7.4	5.9	7.7
Reliance Dynamic Bond Fund - Direct Growth	₹40.1541 ↓ -0.12	₹4,629	-0.1	3.9	7.3	7.7	6.3	9.4
Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 16 Sep 25

Research Highlights & Commentary of 10 Funds showcased

Commentary	Franklin India Income Builder Account - Plan A - Direct	Axis Corporate Debt Opportunities Fund - Direct	HDFC Floating Rate Income Fund - Short Term Plan - Direct	UTI Short Term Income Fund - Direct	Franklin India Banking And PSU Debt Fund - Direct	Franklin India Savings Plus Fund Retail Option - Direct	UTI Money Market Fund - Direct	UTI Treasury Advantage Fund - Direct	Edelweiss Bond Fund - Direct	Reliance Dynamic Bond Fund - Direct
Point 1	Bottom quartile AUM (₹1,109 Cr).	Upper mid AUM (₹9,403 Cr).	Top quartile AUM (₹15,497 Cr).	Lower mid AUM (₹3,296 Cr).	Bottom quartile AUM (₹539 Cr).	Upper mid AUM (₹4,080 Cr).	Highest AUM (₹20,554 Cr).	Lower mid AUM (₹3,211 Cr).	Bottom quartile AUM (₹2,240 Cr).	Upper mid AUM (₹4,629 Cr).
Point 2	Oldest track record among peers (12 yrs).	Established history (8+ yrs).	Established history (12+ yrs).	Established history (12+ yrs).	Established history (11+ yrs).	Established history (12+ yrs).	Established history (12+ yrs).	Established history (12+ yrs).	Established history (12+ yrs).	Established history (12+ yrs).
Point 3	Not Rated.	Not Rated.	Not Rated.	Not Rated.	Not Rated.	Not Rated.	Not Rated.	Not Rated.	Not Rated.	Not Rated.
Point 4	Risk profile: Moderate.	Risk profile: Moderate.	Risk profile: Moderately Low.	Risk profile: Moderate.	Risk profile: Moderate.	Risk profile: Moderately Low.	Risk profile: Low.	Risk profile: Moderately Low.	Risk profile: Moderate.	Risk profile: Moderate.
Point 5	1Y return: 10.02% (top quartile).	1Y return: 8.89% (top quartile).	1Y return: 8.36% (upper mid).	1Y return: 8.29% (upper mid).	1Y return: 8.21% (upper mid).	1Y return: 7.99% (lower mid).	1Y return: 7.95% (lower mid).	1Y return: 7.89% (bottom quartile).	1Y return: 7.85% (bottom quartile).	1Y return: 7.30% (bottom quartile).
Point 6	1M return: 0.38% (lower mid).	1M return: 0.35% (bottom quartile).	1M return: 0.37% (lower mid).	1M return: 0.38% (upper mid).	1M return: 0.37% (bottom quartile).	1M return: 0.46% (top quartile).	1M return: 0.47% (top quartile).	1M return: 0.44% (upper mid).	1M return: 0.45% (upper mid).	1M return: -0.46% (bottom quartile).
Point 7	Sharpe: 1.87 (bottom quartile).	Sharpe: 2.15 (lower mid).	Sharpe: 2.82 (upper mid).	Sharpe: 2.17 (lower mid).	Sharpe: 2.01 (bottom quartile).	Sharpe: 3.37 (top quartile).	Sharpe: 3.45 (top quartile).	Sharpe: 3.08 (upper mid).	Sharpe: 3.30 (upper mid).	Sharpe: 1.54 (bottom quartile).
Point 8	Information ratio: 0.00 (top quartile).	Information ratio: 0.00 (top quartile).	Information ratio: 0.00 (upper mid).	Information ratio: 0.00 (upper mid).	Information ratio: 0.00 (upper mid).	Information ratio: 0.00 (lower mid).	Information ratio: 0.00 (lower mid).	Information ratio: 0.00 (bottom quartile).	Information ratio: 0.00 (bottom quartile).	Information ratio: 0.00 (bottom quartile).
Point 9	Yield to maturity (debt): 6.85% (top quartile).	Yield to maturity (debt): 6.74% (upper mid).	Yield to maturity (debt): 6.98% (top quartile).	Yield to maturity (debt): 6.75% (upper mid).	Yield to maturity (debt): 6.77% (upper mid).	Yield to maturity (debt): 6.08% (bottom quartile).	Yield to maturity (debt): 6.16% (bottom quartile).	Yield to maturity (debt): 6.55% (lower mid).	Yield to maturity (debt): 6.08% (bottom quartile).	Yield to maturity (debt): 6.56% (lower mid).
Point 10	Modified duration: 2.47 yrs (lower mid).	Modified duration: 3.07 yrs (bottom quartile).	Modified duration: 1.63 yrs (upper mid).	Modified duration: 2.58 yrs (bottom quartile).	Modified duration: 2.53 yrs (lower mid).	Modified duration: 0.49 yrs (top quartile).	Modified duration: 0.56 yrs (top quartile).	Modified duration: 0.87 yrs (upper mid).	Modified duration: 0.65 yrs (upper mid).	Modified duration: 4.01 yrs (bottom quartile).

Franklin India Income Builder Account - Plan A - Direct

Bottom quartile AUM (₹1,109 Cr).
Oldest track record among peers (12 yrs).
Not Rated.
Risk profile: Moderate.
1Y return: 10.02% (top quartile).
1M return: 0.38% (lower mid).
Sharpe: 1.87 (bottom quartile).
Information ratio: 0.00 (top quartile).
Yield to maturity (debt): 6.85% (top quartile).
Modified duration: 2.47 yrs (lower mid).

Axis Corporate Debt Opportunities Fund - Direct

Upper mid AUM (₹9,403 Cr).
Established history (8+ yrs).
Not Rated.
Risk profile: Moderate.
1Y return: 8.89% (top quartile).
1M return: 0.35% (bottom quartile).
Sharpe: 2.15 (lower mid).
Information ratio: 0.00 (top quartile).
Yield to maturity (debt): 6.74% (upper mid).
Modified duration: 3.07 yrs (bottom quartile).

HDFC Floating Rate Income Fund - Short Term Plan - Direct

Top quartile AUM (₹15,497 Cr).
Established history (12+ yrs).
Not Rated.
Risk profile: Moderately Low.
1Y return: 8.36% (upper mid).
1M return: 0.37% (lower mid).
Sharpe: 2.82 (upper mid).
Information ratio: 0.00 (upper mid).
Yield to maturity (debt): 6.98% (top quartile).
Modified duration: 1.63 yrs (upper mid).

UTI Short Term Income Fund - Direct

Lower mid AUM (₹3,296 Cr).
Established history (12+ yrs).
Not Rated.
Risk profile: Moderate.
1Y return: 8.29% (upper mid).
1M return: 0.38% (upper mid).
Sharpe: 2.17 (lower mid).
Information ratio: 0.00 (upper mid).
Yield to maturity (debt): 6.75% (upper mid).
Modified duration: 2.58 yrs (bottom quartile).

Franklin India Banking And PSU Debt Fund - Direct

Bottom quartile AUM (₹539 Cr).
Established history (11+ yrs).
Not Rated.
Risk profile: Moderate.
1Y return: 8.21% (upper mid).
1M return: 0.37% (bottom quartile).
Sharpe: 2.01 (bottom quartile).
Information ratio: 0.00 (upper mid).
Yield to maturity (debt): 6.77% (upper mid).
Modified duration: 2.53 yrs (lower mid).

Franklin India Savings Plus Fund Retail Option - Direct

Upper mid AUM (₹4,080 Cr).
Established history (12+ yrs).
Not Rated.
Risk profile: Moderately Low.
1Y return: 7.99% (lower mid).
1M return: 0.46% (top quartile).
Sharpe: 3.37 (top quartile).
Information ratio: 0.00 (lower mid).
Yield to maturity (debt): 6.08% (bottom quartile).
Modified duration: 0.49 yrs (top quartile).

UTI Money Market Fund - Direct

Highest AUM (₹20,554 Cr).
Established history (12+ yrs).
Not Rated.
Risk profile: Low.
1Y return: 7.95% (lower mid).
1M return: 0.47% (top quartile).
Sharpe: 3.45 (top quartile).
Information ratio: 0.00 (lower mid).
Yield to maturity (debt): 6.16% (bottom quartile).
Modified duration: 0.56 yrs (top quartile).

UTI Treasury Advantage Fund - Direct

Lower mid AUM (₹3,211 Cr).
Established history (12+ yrs).
Not Rated.
Risk profile: Moderately Low.
1Y return: 7.89% (bottom quartile).
1M return: 0.44% (upper mid).
Sharpe: 3.08 (upper mid).
Information ratio: 0.00 (bottom quartile).
Yield to maturity (debt): 6.55% (lower mid).
Modified duration: 0.87 yrs (upper mid).

Edelweiss Bond Fund - Direct

Bottom quartile AUM (₹2,240 Cr).
Established history (12+ yrs).
Not Rated.
Risk profile: Moderate.
1Y return: 7.85% (bottom quartile).
1M return: 0.45% (upper mid).
Sharpe: 3.30 (upper mid).
Information ratio: 0.00 (bottom quartile).
Yield to maturity (debt): 6.08% (bottom quartile).
Modified duration: 0.65 yrs (upper mid).

Reliance Dynamic Bond Fund - Direct

Upper mid AUM (₹4,629 Cr).
Established history (12+ yrs).
Not Rated.
Risk profile: Moderate.
1Y return: 7.30% (bottom quartile).
1M return: -0.46% (bottom quartile).
Sharpe: 1.54 (bottom quartile).
Information ratio: 0.00 (bottom quartile).
Yield to maturity (debt): 6.56% (lower mid).
Modified duration: 4.01 yrs (bottom quartile).

Best Direct Mutual Fund Plans- Hybrid Category

Fund	NAV	Net Assets (Cr)	3 MO (%)	6 MO (%)	1 YR (%)	3 YR (%)	5 YR (%)	2024 (%)
JM Balanced Fund - Direct Growth	₹140.021 ↑ 0.54	₹841	2.2	12.6	-4.2	22.5	22.8	29.3
UTI Wealth Builder Fund - Direct Growth	₹84.5138 ↑ 0.49	₹5,902	3.1	12.5	4.7	20.6	16.9	21.9
Edelweiss Prudent Advantage Fund - Direct Growth	₹74.22	₹2,994	2.5	12.9	3.6	19.5	21.8	22.2
UTI Balanced Fund - Direct Growth	₹436.504	₹6,422	0.9	10.5	0.1	17	20.3	20.5
BNP Paribas Balanced Fund - Direct Growth	₹32.1315 ↑ 0.12	₹1,230	1.7	11.9	0.9	16.3	18.3	21.2
Franklin India Balanced Fund - Direct Growth	₹311.901	₹2,256	1	11.6	2.3	16.2	19	18.9
Axis Dynamic Equity Fund - Direct Growth	₹23.53	₹3,431	1.4	8.5	3.4	15.2	14.6	19
Edelweiss Equity Savings Advantage Fund - Direct Growth	₹28.3263	₹750	3.4	8.6	7.9	12.5	12	14.5
UTI SPREAD Fund - Direct Growth	₹37.7335	₹8,512	1.5	3.4	7.2	7.6	6.3	8.3
Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 16 Sep 25

Research Highlights & Commentary of 9 Funds showcased

Commentary	JM Balanced Fund - Direct	UTI Wealth Builder Fund - Direct	Edelweiss Prudent Advantage Fund - Direct	UTI Balanced Fund - Direct	BNP Paribas Balanced Fund - Direct	Franklin India Balanced Fund - Direct	Axis Dynamic Equity Fund - Direct	Edelweiss Equity Savings Advantage Fund - Direct	UTI SPREAD Fund - Direct
Point 1	Bottom quartile AUM (₹841 Cr).	Upper mid AUM (₹5,902 Cr).	Lower mid AUM (₹2,994 Cr).	Top quartile AUM (₹6,422 Cr).	Bottom quartile AUM (₹1,230 Cr).	Lower mid AUM (₹2,256 Cr).	Upper mid AUM (₹3,431 Cr).	Bottom quartile AUM (₹750 Cr).	Highest AUM (₹8,512 Cr).
Point 2	Oldest track record among peers (12 yrs).	Established history (12+ yrs).	Established history (12+ yrs).	Established history (12+ yrs).	Established history (8+ yrs).	Established history (12+ yrs).	Established history (8+ yrs).	Established history (10+ yrs).	Established history (12+ yrs).
Point 3	Not Rated.	Not Rated.	Not Rated.	Not Rated.	Not Rated.	Not Rated.	Not Rated.	Not Rated.	Not Rated.
Point 4	Risk profile: Moderately High.	Risk profile: Moderately High.	Risk profile: Moderately High.	Risk profile: Moderately High.	Risk profile: Moderately High.	Risk profile: Moderately High.	Risk profile: Moderately High.	Risk profile: Moderately High.	Risk profile: Moderately Low.
Point 5	5Y return: 22.84% (top quartile).	5Y return: 16.91% (lower mid).	5Y return: 21.83% (top quartile).	5Y return: 20.34% (upper mid).	5Y return: 18.32% (lower mid).	5Y return: 19.05% (upper mid).	5Y return: 14.57% (bottom quartile).	5Y return: 12.04% (bottom quartile).	5Y return: 6.27% (bottom quartile).
Point 6	3Y return: 22.51% (top quartile).	3Y return: 20.64% (top quartile).	3Y return: 19.51% (upper mid).	3Y return: 17.04% (upper mid).	3Y return: 16.33% (lower mid).	3Y return: 16.18% (lower mid).	3Y return: 15.23% (bottom quartile).	3Y return: 12.46% (bottom quartile).	3Y return: 7.63% (bottom quartile).
Point 7	1Y return: -4.17% (bottom quartile).	1Y return: 4.67% (upper mid).	1Y return: 3.56% (upper mid).	1Y return: 0.09% (bottom quartile).	1Y return: 0.90% (bottom quartile).	1Y return: 2.34% (lower mid).	1Y return: 3.43% (lower mid).	1Y return: 7.89% (top quartile).	1Y return: 7.24% (top quartile).
Point 8	1M return: 3.86% (top quartile).	1M return: 2.87% (top quartile).	1M return: 1.64% (upper mid).	1M return: 1.36% (bottom quartile).	1M return: 1.52% (lower mid).	1M return: 1.08% (bottom quartile).	1M return: 1.60% (upper mid).	1M return: 1.38% (lower mid).	1M return: 0.37% (bottom quartile).
Point 9	Alpha: -5.77 (bottom quartile).	Alpha: 0.00 (lower mid).	Alpha: 2.86 (top quartile).	Alpha: 0.29 (upper mid).	Alpha: 0.10 (upper mid).	Alpha: 0.94 (top quartile).	Alpha: 0.00 (lower mid).	Alpha: 0.00 (bottom quartile).	Alpha: 0.00 (bottom quartile).
Point 10	Sharpe: -0.79 (bottom quartile).	Sharpe: -0.15 (upper mid).	Sharpe: -0.14 (upper mid).	Sharpe: -0.35 (bottom quartile).	Sharpe: -0.37 (bottom quartile).	Sharpe: -0.28 (lower mid).	Sharpe: -0.15 (lower mid).	Sharpe: 0.41 (top quartile).	Sharpe: 2.95 (top quartile).

JM Balanced Fund - Direct

Bottom quartile AUM (₹841 Cr).
Oldest track record among peers (12 yrs).
Not Rated.
Risk profile: Moderately High.
5Y return: 22.84% (top quartile).
3Y return: 22.51% (top quartile).
1Y return: -4.17% (bottom quartile).
1M return: 3.86% (top quartile).
Alpha: -5.77 (bottom quartile).
Sharpe: -0.79 (bottom quartile).

UTI Wealth Builder Fund - Direct

Upper mid AUM (₹5,902 Cr).
Established history (12+ yrs).
Not Rated.
Risk profile: Moderately High.
5Y return: 16.91% (lower mid).
3Y return: 20.64% (top quartile).
1Y return: 4.67% (upper mid).
1M return: 2.87% (top quartile).
Alpha: 0.00 (lower mid).
Sharpe: -0.15 (upper mid).

Edelweiss Prudent Advantage Fund - Direct

Lower mid AUM (₹2,994 Cr).
Established history (12+ yrs).
Not Rated.
Risk profile: Moderately High.
5Y return: 21.83% (top quartile).
3Y return: 19.51% (upper mid).
1Y return: 3.56% (upper mid).
1M return: 1.64% (upper mid).
Alpha: 2.86 (top quartile).
Sharpe: -0.14 (upper mid).

UTI Balanced Fund - Direct

Top quartile AUM (₹6,422 Cr).
Established history (12+ yrs).
Not Rated.
Risk profile: Moderately High.
5Y return: 20.34% (upper mid).
3Y return: 17.04% (upper mid).
1Y return: 0.09% (bottom quartile).
1M return: 1.36% (bottom quartile).
Alpha: 0.29 (upper mid).
Sharpe: -0.35 (bottom quartile).

BNP Paribas Balanced Fund - Direct

Bottom quartile AUM (₹1,230 Cr).
Established history (8+ yrs).
Not Rated.
Risk profile: Moderately High.
5Y return: 18.32% (lower mid).
3Y return: 16.33% (lower mid).
1Y return: 0.90% (bottom quartile).
1M return: 1.52% (lower mid).
Alpha: 0.10 (upper mid).
Sharpe: -0.37 (bottom quartile).

Franklin India Balanced Fund - Direct

Lower mid AUM (₹2,256 Cr).
Established history (12+ yrs).
Not Rated.
Risk profile: Moderately High.
5Y return: 19.05% (upper mid).
3Y return: 16.18% (lower mid).
1Y return: 2.34% (lower mid).
1M return: 1.08% (bottom quartile).
Alpha: 0.94 (top quartile).
Sharpe: -0.28 (lower mid).

Axis Dynamic Equity Fund - Direct

Upper mid AUM (₹3,431 Cr).
Established history (8+ yrs).
Not Rated.
Risk profile: Moderately High.
5Y return: 14.57% (bottom quartile).
3Y return: 15.23% (bottom quartile).
1Y return: 3.43% (lower mid).
1M return: 1.60% (upper mid).
Alpha: 0.00 (lower mid).
Sharpe: -0.15 (lower mid).

Edelweiss Equity Savings Advantage Fund - Direct

Bottom quartile AUM (₹750 Cr).
Established history (10+ yrs).
Not Rated.
Risk profile: Moderately High.
5Y return: 12.04% (bottom quartile).
3Y return: 12.46% (bottom quartile).
1Y return: 7.89% (top quartile).
1M return: 1.38% (lower mid).
Alpha: 0.00 (bottom quartile).
Sharpe: 0.41 (top quartile).

UTI SPREAD Fund - Direct

Highest AUM (₹8,512 Cr).
Established history (12+ yrs).
Not Rated.
Risk profile: Moderately Low.
5Y return: 6.27% (bottom quartile).
3Y return: 7.63% (bottom quartile).
1Y return: 7.24% (top quartile).
1M return: 0.37% (bottom quartile).
Alpha: 0.00 (bottom quartile).
Sharpe: 2.95 (top quartile).

Disclaimer:
All efforts have been made to ensure the information provided here is accurate. However, no guarantees are made regarding correctness of data. Please verify with scheme information document before making any investment.