Summary of this article
Domestic mutual funds recorded 57 consecutive months of inflows.
SBI Focused Fund was followed by ICICI Prudential Focused Equity Fund (15.91 per cent).
Among focused funds, Aditya Birla Sun Life Focused Fund delivered 11.53 per cent.
Despite bouts of volatility and steady selling by foreign investors and promoters, domestic investors stepped in strongly, pouring a record Rs 7,50,000 crore (about $83 billion) into equities in 2025 and absorbing much of the selling pressure. Individual investor appetite has been rising, according to a report by The Wealth Company Mutual Fund. The report notes that the SIP culture has become entrenched, with mutual funds, insurance companies, and pension funds receiving steady monthly flows despite market volatility. Domestic mutual funds recorded 57 consecutive months of inflows in November, marking a record streak, the report adds.
With domestic flows cushioning market swings, several equity mutual fund schemes managed to deliver double-digit returns over the past year. As of December 22, 2025, SBI Focused Fund, the largest focused fund with assets of Rs 42,773 crore, topped the list with returns of 16.32 per cent over the last year. It was followed closely by ICICI Prudential Focused Equity Fund, which delivered 15.91 per cent returns, as shown by Ace MF.
Other funds that outperformed their peers by clocking double-digit returns included ICICI Prudential Large & Mid Cap Fund, which returned 13.61 per cent, and Kotak Focused Fund, with returns of 13.57 per cent. ICICI Prudential Dividend Yield Equity Fund delivered 12.09 per cent, while Aditya Birla Sun Life Flexi Cap Fund returned 11.84 per cent. HDFC Flexi Cap Fund, the second-largest fund in the flexi cap space with massive assets worth over Rs 94,000 crore, followed with 11.67 per cent returns.
Among focused funds, Aditya Birla Sun Life Focused Fund delivered 11.53 per cent, while HDFC Focused Fund returned 11.09 per cent. In the flexi-cap space, Tata Flexi Cap Fund gave 10.85 per cent returns, and ICICI Prudential Flexi Cap Fund delivered 10.83 per cent.
Tax-saving funds also featured on the list. Aditya Birla Sun Life ELSS Tax Saver Fund and ICICI Prudential ELSS Tax Saver Fund both delivered returns of 10.25 per cent, while HDFC ELSS Tax Saver returned 10.19 per cent. SBI Large & Mid Cap Fund rounded off the list with returns of 10.04 per cent.
In all, 15 equity mutual fund schemes delivered double-digit returns in 2025. We have considered only those schemes that have completed at least three years since launch.
