List of the Top 10 Mutual Funds with Highest NAV
Net Asset Value (NAV) is an essential measure used to determine the per-unit value of a fund’s assets. NAV represents the market value of a mutual fund’s total assets minus its liabilities, divided by the number of outstanding units. It helps investors understand the value of a single unit of the fund at a given time and indicates a fund’s performance in terms of asset value. This article will cover some mutual funds with highest NAV, and how they have performed in the past, along with some benefits and risks associated with investing in these funds.
| Name | AUM | NAV(₹ per unit.) | CAGR 5Y(%) | CAGR 3Y(%) | Expense Ratio(%) | Volatility(%) |
|---|---|---|---|---|---|---|
| Parag Parikh Flexi Cap Fund | 115040.08 | 93.73 | 23.58 | 21.16 | 0.63 | 9.52 |
| HDFC Balanced Advantage Fund | 101079.6 | 564.19 | 24.25 | 19.5 | 0.74 | 8.56 |
| HDFC Mid Cap Fund | 83104.83 | 217.03 | 29.29 | 26.01 | 0.74 | 15.25 |
| HDFC Flexi Cap Fund | 81935.61 | 2229.83 | 29.09 | 23.59 | 0.72 | 11.42 |
| SBI Equity Hybrid Fund | 77255.73 | 335.82 | 17.15 | 14.45 | 0.73 | 9.34 |
| Kotak Arbitrage Fund | 72273.57 | 40.52 | 6.49 | 7.82 | 0.44 | 0.87 |
| ICICI Pru Large Cap Fund | 71839.85 | 123.06 | 22.24 | 19.42 | 0.86 | 12.21 |
| SBI Liquid Fund | 68443.37 | 4173.28 | 5.67 | 7.04 | 0.21 | 0.1 |
| ICICI Pru Balanced Advantage Fund | 65710.61 | 84.42 | 15.17 | 14.17 | 0.86 | 6.22 |
| Nippon India Small Cap Fund | 64821.04 | 192.49 | 32.51 | 24.08 | 0.64 | 17.8 |
Disclaimer: Please note that the above list of highest NAV in mutual funds is for educational purposes only, and is not recommendatory. Please do your own research or consult your financial advisor before investing. The data is derived from Tickertape Mutual Fund Screener and is subject to real-time updates.
Note: The data on the highest NAV funds list is from 17th September 2025. This data is derived from the Tickertape Mutual Funds Screener.
- Plan: Growth
- NAV CAGR: Sorted from Highest to Lowest
- AUM: Set to High
Pro Tip: You can use Tickertape’s Mutual Fund Screener to research the highest NAV in mutual funds with over 50+ pre-loaded filters and parameters.
Overview of Mutual Fund With Highest NAV
Parag Parikh Flexi Cap Fund
Launched in 2013, Parag Parikh Flexi Cap Fund invests in large, mid, and small-cap stocks. It holds companies across multiple sectors in India’s equity market and adjusts its portfolio according to market conditions.
HDFC Balanced Advantage Fund
Founded in 2007, HDFC Balanced Advantage Fund invests in equity and debt securities. The fund adjusts its asset allocation based on market conditions to maintain a balance between different types of investments.
HDFC Mid Cap Fund
HDFC Mid Cap Fund, established in 2007, invests primarily in mid-sized companies across various sectors. It focuses on companies with growth potential in the mid-cap segment.
HDFC Flexi Cap Fund
Launched in 2008, HDFC Flexi Cap Fund invests across large, mid, and small-cap stocks. It diversifies its portfolio across multiple market segments and sectors.
SBI Equity Hybrid Fund
Founded in 2004, SBI Equity Hybrid Fund invests in a combination of equity and debt instruments. The fund maintains a mix of growth-oriented and fixed-income assets.
Kotak Arbitrage Fund
Kotak Arbitrage Fund, started in 2004, invests in equity and related derivatives. It allocates capital to take advantage of differences between cash and futures market prices.
ICICI Pru Large Cap Fund
ICICI Pru Large Cap Fund, established in 1999, invests in large-cap companies across various sectors. It holds companies with substantial market capitalisation in India’s equity market.
SBI Liquid Fund
Launched in 2006, SBI Liquid Fund invests in short-term debt instruments and money market securities. It focuses on highly liquid instruments for short-term investments.
ICICI Pru Balanced Advantage Fund
ICICI Pru Balanced Advantage Fund, founded in 2010, invests in both equity and debt instruments. It adjusts allocations based on market conditions to maintain a balance between different types of assets.
Nippon India Small Cap Fund
Nippon India Small Cap Fund, established in 2005, invests primarily in small-cap companies across various sectors. It focuses on companies in the early stages of growth in emerging industries.
What is a Mutual Fund with Highest NAV?
The Net Asset Value (NAV) is the price of one unit of the mutual fund, calculated by dividing the total value of the assets in the fund (minus any liabilities) by the number of outstanding units.
For example, imagine investing in a mutual fund with 1,000 units. The total value of all the assets in the fund (stocks, bonds, etc.) is ₹10,000. However, if the fund also has ₹1,000 in liabilities (expenses or debts), the net value of the fund is ₹9,000. Therefore, the NAV would be ₹9 per unit (₹9,000 ÷ 1,000 units). So, a mutual fund with highest NAV means the value of each unit is higher compared to others.
Taxation on Mutual Funds with Highest NAV
Below, we break down the tax implications for different types of mutual funds.
Taxation on Equity Mutual Funds
| Capital Gains | Holding Period | New Tax Rate (2024) |
| Short-Term Capital Gains (STCG) | Less than 12 months | 20% |
| Long-Term Capital Gains (LTCG) | More than 12 months | 12.5% (above ₹1.25 lakh) |
Taxation on Hybrid Mutual Funds
| Type of Fund | Short-Term Capital Gains (STCG) | Long-Term Capital Gains (LTCG) | Indexation Benefit |
| Equity-Oriented Hybrid Funds | 20% for holdings less than 1 year | 12.5% for holdings over 1 year, with gains up to ₹1.25 lakh tax-free | Not available |
| Debt-Oriented Hybrid Funds | Taxed as per income tax slab for holdings less than 3 years | 12.5% for holdings over 3 years | Not available |
How to Invest in the Mutual Fund With Highest NAV?
You can easily start to invest in the mutual fund with highest NAV by following these steps:
- To invest in the mutual funds having highest NAV, you can visit an equity investment platform such as smallcase
- The next step is to research and identify the MF with highest NAV that matches your Investment thesis. Tools like the Tickertape Mutual Fund Screener can help you filter and compare funds based on parameters such as returns, expense ratio, and fund size.
- Once you shortlist the funds, visit smallcase, log in, and search for the fund by name. You can then choose the investment mode, either a one-time lump sum or a SIP plan, and complete the process.
Benefits of Investing in Mutual Funds with the Highest NAV
- Strong Past Performance: Funds that consistently increase their NAVs show that the fund has historically delivered strong returns. While past performance does not guarantee future results, it provides evidence of effective fund management and a sound investment strategy in the past.
- Experienced Fund Managers: Funds that maintain a high NAV over a long period are usually managed by experienced fund managers who have a proven track record in asset allocation and risk management.
- Longer Performance History for Analysis: Funds with high NAVs typically have a longer history in the market, providing more data for analysing past performance, volatility, and fund management effectiveness. This allows for a thorough examination of the fund’s historical behaviour.
Risks of Investing in Mutual Funds with the Highest NAV
- Market Volatility: Despite a high NAV, mutual funds are still subject to market fluctuations. Even well-performing funds with high NAVs can experience losses during market downturns. A high NAV does not shield the fund from overall market volatility.
- Overvaluation Risk: A high NAV may sometimes suggest that the fund’s assets are overvalued. There is a possibility that the assets may be worth less than their current market price, which could result in a decline in NAV if valuations are adjusted.
- Does Not Guarantee Future Performance: While a high NAV suggests that a fund has performed well in the past, it does not imply that the fund will perform well in future. A fund’s future performance will depend on various factors such as market conditions, economic trends, and management decisions.
Factors to Consider When Investing in Mutual Funds with the Highest NAV
- Factors Affecting NAV: The NAV of a mutual fund is influenced by the performance of the assets it holds, including stocks, bonds, and other investments. Changes in the market value of these assets can directly impact the NAV. That’s why it’s essential for investors to monitor these factors closely.
- Market Conditions: The broader market environment can affect the growth potential of high NAV funds. Even well-established funds may face challenges during market downturns or periods of volatility.
- Expense Ratio and Exit Load: The expense ratio is the annual fee a mutual fund charges for managing investments. The exit load is a fee applied when you redeem units within a set period. Knowing both helps investors understand the actual returns they can expect from their investment.
- Tax Implications: Different mutual funds have varying tax treatments. Depending on the fund’s structure and individual tax bracket, the taxes investors pay could affect their overall returns.
To Wrap It Up
Mutual funds with the highest NAV can be appealing as they show strong past performance. However, it’s important to remember that a high NAV does not guarantee future returns. Factors such as fund performance, management expertise, market conditions, and diversification all play crucial roles in determining the fund’s ability to grow over time. That’s why it’s essential to do your own research and consider all these factors before making any investment decisions.
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Frequently Asked Questions on Mutual Funds with Highest NAV
A high NAV shows the current price of one unit of the mutual fund. It indicates that the per-unit value has grown over time. It may be due to the fund’s successful investments, reinvested earnings, or overall market growth that increases the fund’s total value.
A high NAV only shows that the per-unit value of the fund has grown over time. Whether it is a good investment depends on several factors, including the fund’s strategy, management, risk profile, and market conditions.
The highest NAV in mutual fund means each unit costs more, but it doesn’t necessarily make the fund “expensive.” The amount you invest depends on how many units you buy, not just the NAV.
You can use a mutual fund screener platform, such as Tickertape, to filter and compare mutual funds with highest NAV. These platforms allow you to sort funds based on NAV, returns, risk, and other criteria, helping you identify funds with higher per-unit value.
Disclaimer: This is for informational purposes only and should not be considered as investment advice.
The NAV is influenced by the performance of the assets the fund holds, such as stocks, bonds, and other investments. The market value of these assets, as well as money flowing in or out of the fund, can change the NAV.
There is no single ideal investor profile for high-NAV mutual funds. Anyone interested in exploring such funds can consider them, but it is essential to do your own research and consult a financial advisor before investing.
A highest NAV value mutual fund is a fund where the per-unit Net Asset Value (NAV) has reached a high level compared to its past values. The NAV shows the current price of one unit and indicates how much each unit is worth at a given time.
