As of May 5, 2026, an analysis by ETMutualFunds identified 11 equity mutual funds in India with a net asset value (NAV) exceeding ₹1,000 and offering up to 24% CAGR since their inception. Most of these funds, particularly in categories like mid cap and flexi cap, have been operational for over 25 years, showcasing their long-term performance. Notably, the Nippon India Growth Mid Cap Fund has the highest NAV at ₹4,332.66, achieving a CAGR of 21.95% since its launch in October 1995. Other significant funds include the Franklin India Mid Cap Fund and several flexi cap schemes, all of which have provided double-digit returns since inception. The analysis emphasizes that while these funds have shown strong performance, investors should consider their individual risk profiles and investment goals before making any decisions. This exercise is not a recommendation but a reflection of the funds' historical performance.