Looking for long-term wealth creators? These 12 equity mutual funds have over Rs 1,000+ NAV and up to 24% CAGR

Around 12 equity mutual funds had a net asset value (NAV) of over Rs 1,000 as on July 6, 2026 and have offered up to 24% CAGR since their respective inception, an analysis by ETMutualFunds showed.

The analysis further showed that out of these 12 funds, 11 have been in the market for more than 25 years whereas the last one has completed nearly 23 years in the market. All these schemes have offered double-digit returns of more than 15% since their respective inception.

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These 12 schemes were from five different categories such as midcap, flexicap, ELSS, largecap, large & midcap fund category. Three flexicap funds and midcap funds each, two ELSS, two largecap and large & midcap funds each had more than Rs 1,000 NAV, the analysis showed.

Midcap funds topped the list with the highest NAV. Nippon India Growth Mid Cap Fund had the highest NAV of Rs 4,499.70. Launched on October 8 1995, the scheme had offered 21.97% CAGR since its inception and had an AUM of Rs 47,415 crore as of May 2026.