The best super fund in Australia for the financial year 2024/25 by investment performance is legalsuper, whose MySuper Balanced option delivered the highest return nationally at 12.56% according to ratings by Chant West and SuperRatings. Other top-performing super funds with strong long-term returns include Hostplus, AustralianSuper, Australian Retirement Trust, and HESTA, all recognized for their combination of competitive fees and solid investment performance.
Best Super Fund by Top Return
- legalsuper MySuper Balanced: 12.56% return in 2024/25, best performing nationally
Other Highly Rated Super Funds
- Hostplus: Strong long-term performance with a balanced option returning 8.3% annually over 10 years
- Australian Retirement Trust: Outstanding value with strong returns and competitive fees
- AustralianSuper: Consistently strong returns and Australia's largest fund
- HESTA: Good returns and competitive fees, specialist in health/community sectors
Awards and Recognition
- legalsuper ranked #1 for 2024/25 by Chant West and SuperRatings for MySuper Balanced option
- Hostplus, Australian Retirement Trust, Aware Super, HESTA, and UniSuper received Canstar’s Outstanding Value Awards for 2025
- UniSuper is recognized for maintaining strong returns even for members in their 60s
This combination of performance, fees, and member support defines the best super funds in Australia currently, with legalsuper leading in recent annual investment returns. If choosing a fund, consider both recent returns and longer-term performance alongside fees and services to find the one best suited for individual needs.
