Best Equity Mutual Funds in October 2025 Based on AUM: Parag Parikh Flexi Cap, HDFC Balanced Advantage and More

Equity mutual funds are a preferred choice for retail investors who want to enter the stock market without directly managing individual stocks. These funds pool money from many investors and invest mainly in shares of listed companies, offering the scope for long-term wealth creation.

Managed by professional fund managers, equity mutual funds aim to deliver capital growth while reducing risk through diversification across sectors and companies. In this article, we’ll explore the best Equity mutual funds in India for September 2025, ranked by their AUM.

Best Equity Mutual Funds Based on AUM in October 2025

Note: The above-listed Equity Mutual Funds are shortlisted based on their AUM as of September 23, 2025.

Overview of the Best Equity Mutual Funds in India

1. Parag Parikh Flexi Cap Fund

The Flexi Cap Fund allocates 65.57% of its portfolio to domestic equities, with 50.28% in large-cap stocks, 2.18% in mid-caps, and 3.5% in small-caps. It also invests 10.65% in debt instruments, which includes 0.73% in government securities and 9.92% in low-risk securities.

Key Metrics: 

• NAV: ₹94.01
• 52W High: ₹94.71
• 52W Low: ₹9.63
• CAGR: 19.93%

2. HDFC Balanced Advantage Fund

The fund invests 65.1% in domestic equities, with 43.32% in large-cap stocks, 4.65% in mid-caps, and 4.36% in small-caps. It also has 27.8% exposure to debt instruments, including 9.44% in government securities and 17.93% in low-risk securities.

Key Metrics: 

• NAV: ₹565.17
• 52W High: ₹567.25
• 52W Low: ₹76.16
• CAGR: 15.14%

3. HDFC Mid Cap Fund

The fund allocates 94.76% of its portfolio to domestic equities, including 12.18% in large-cap stocks, 47.73% in mid-cap stocks, and 8.59% in small-cap stocks.

Key Metrics: 

• NAV: ₹215.91
• 52W High: ₹218.85
• 52W Low: ₹15.51
• CAGR: 21.21%

Read More: Best Large Cap Mutual Funds for October 2025: Nippon India and ICICI Prudential Lead Performance!

Conclusion

Equity mutual funds are a strong option for investors aiming at long-term wealth creation. Though they involve market risks, their potential to deliver better returns than traditional savings makes them attractive. By choosing funds that match your risk profile and goals, and staying disciplined over time, you can make the most of equity mutual funds to reach your financial objectives.

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Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Mutual Fund investments are subject to market risks, read all scheme-related documents carefully.