Morningstar is back with the 18th edition of the Morningstar Fund Awards, a program that recognizes excellence in the Indian fund industry.
The Morningstar India Fund Awards spotlight retail funds and fund houses that have created meaningful value for investors within their peer groups, recognizing outstanding performance in 2026 and sustained success over longer time horizons.
Morningstar employs a quantitative approach coupled with a qualitative overlay in the selection of winners. This involves evaluating the one-, three-, and five-year performance records of all eligible funds and adjusting returns for risk using Morningstar Risk, a measure that imposes a more significant penalty for downside variation in a fund's return compared to upside volatility. Alongside quantitative scoring, priority is also given to funds with positive Morningstar Medalist Ratings (Gold, Silver, Bronze).
Here is the list of nominees in alphabetical order for this year’s Morningstar Fund Awards.
Best Large Cap Equity Fund
Best Flexi Cap Equity Fund
Best Small/Mid-Cap Equity Fund
Best Short Duration Fund
Best Corporate Bond Fund
Best Medium to Long Duration Fund
Best Asset Manager
- Edelweiss Asset Management Limited
- Kotak Mahindra Asset Management
- Mahindra Manulife Investment Management Pvt. Ltd
Click here to gain insight into the methodology and selection process for the Fund Awards.
The winners of the Morningstar Fund Awards, India, will be declared on March 17, 2026.