Equity · Category
Best Sectoral / Thematic Mutual Funds 2026
Sectoral / Thematic is a SEBI-defined mutual fund category. Every fund below follows the same category mandate, which makes their returns directly comparable — the differences you see come from the fund manager's choices and the fund's costs, not from a difference in what they are allowed to hold.
All 266 Sectoral / Thematic funds, ranked
Ordered by three-year annualised return, computed from official AMFI NAV history to a common date.
NAV as of 18 Aug 2026
Category average over 3Y: 17.2% a year across 142 funds with a full record.
- 1135.6%60.0%—+42.80.72%
Nippon India Taiwan Equity Fund
Nippon India · 0.72% expense
- 233.1%42.3%—+25.20.83%
HDFC Defence Fund
HDFC · 0.83% expense
- 320.0%28.0%—+10.81.01%
HDFC Transportation and Logistics Fund
HDFC · 1.01% expense
- 416.5%26.9%23.8%+9.70.69%
LIC MF Infrastructure Fund
LIC · 0.69% expense
- 519.6%26.2%—+9.00.75%
ICICI PRUDENTIAL TRANSPORTATION AND LOGISTICS FUND
ICICI Prudential · 0.75% expense
- 624.0%25.3%22.5%+8.10.61%
BANK OF INDIA Manufacturing & Infrastructure Fund
Bank of India · 0.61% expense
- 721.4%24.8%19.0%+7.60.91%
SBI Healthcare Opportunities Fund
SBI · 0.91% expense
- 816.4%24.4%16.5%+7.21.31%
UTI Healthcare Fund
UTI · 1.31% expense
- 914.9%24.4%24.9%+7.20.56%
Aditya Birla Sun Life PSU Equity Fund
Aditya Birla Sun Life · 0.56% expense
- 1011.4%24.4%24.9%+7.20.85%
SBI PSU Fund
SBI · 0.85% expense
- 1144.1%24.2%9.8%+7.01.15%
Franklin Asian Equity Fund
Franklin Templeton · 1.15% expense
- 1210.2%24.0%—+6.80.68%
ICICI Prudential PSU Equity Fund
ICICI Prudential · 0.68% expense
- 138.7%23.9%23.2%+6.70.78%
Invesco India PSU Equity Fund
Invesco · 0.78% expense
- 1429.0%23.8%16.6%+6.61.09%
Aditya Birla Sun Life Manufacturing Equity Fund
Aditya Birla Sun Life · 1.09% expense
- 1531.4%23.5%12.0%+6.31.10%
NIPPON INDIA - JAPAN EQUITY FUND
Nippon India · 1.10% expense
- 1610.9%23.4%21.3%+6.20.75%
Invesco India Infrastructure Fund
Invesco · 0.75% expense
- 177.3%23.4%20.0%+6.20.47%
Franklin India Opportunities Fund
Franklin Templeton · 0.47% expense
- 1815.6%23.4%—+6.20.79%
quant BFSI Fund
quant · 0.79% expense
- 198.2%23.3%16.6%+6.10.87%
ICICI Prudential Pharma Healthcare and Diagnostics (P.H.D) Fund
ICICI Prudential · 0.87% expense
- 2017.5%23.2%—+6.00.73%
BANDHAN TRANSPORTATION AND LOGISTICS FUND
Bandhan · 0.73% expense
- 2115.7%23.2%21.0%+6.00.66%
ICICI Prudential Manufacturing Fund
ICICI Prudential · 0.66% expense
- 2218.8%23.1%15.9%+5.90.44%
Mirae Asset Healthcare Fund
Mirae Asset · 0.44% expense
- 2318.3%22.9%23.0%+5.70.70%
DSP India T.I.G.E.R. Fund
DSP · 0.70% expense
- 247.5%22.7%21.6%+5.50.83%
CANARA ROBECO INFRASTRUCTURE FUND
Canara Robeco · 0.83% expense
- 2515.0%22.6%23.1%+5.40.82%
NIPPON INDIA POWER & INFRA FUND
Nippon India · 0.82% expense
- 2615.9%22.6%13.0%+5.40.96%
LIC MF Healthcare Fund
LIC · 0.96% expense
- 2717.1%22.5%14.9%+5.30.84%
Aditya Birla Sun Life Pharma and Healthcare Fund
Aditya Birla Sun Life · 0.84% expense
- 2824.2%22.4%16.9%+5.20.72%
DSP Natural Resources and New Energy Fund
DSP · 0.72% expense
- 2915.5%22.3%16.1%+5.10.51%
DSP Healthcare Fund
DSP · 0.51% expense
- 307.3%22.3%15.6%+5.1—
ICICI Prudential Pharma Healthcare and Diagnostics (P.H.D) Fund - Cumulative Option
ICICI Prudential
- 3120.4%22.2%—+5.00.85%
quant Healthcare Fund
quant · 0.85% expense
- 3212.8%22.2%17.4%+5.00.53%
Kotak Pioneer Fund
Kotak Mahindra · 0.53% expense
- 3329.9%22.1%10.7%+4.9—
Nippon India Japan Equity Fund
Nippon India
- 3422.9%22.0%—+4.80.61%
Kotak Manufacture in India Fund
Kotak Mahindra · 0.61% expense
- 3514.6%21.9%19.9%+4.7—
ICICI Prudential Manufacturing Fund - Cumulative Option
ICICI Prudential
- 3622.7%21.6%15.8%+4.51.60%
Aditya Birla Sun Life International Equity Fund
Aditya Birla Sun Life · 1.60% expense
- 3712.0%21.5%22.2%+4.30.89%
UTI Transportation and Logistics Fund
UTI · 0.89% expense
- 388.3%21.3%—+4.10.63%
ICICI Prudential Innovation Fund
ICICI Prudential · 0.63% expense
- 3917.8%21.0%15.5%+3.80.97%
Aditya Birla Sun Life Special Opportunities Fund
Aditya Birla Sun Life · 0.97% expense
- 409.6%20.5%15.2%+3.30.67%
Tata India Pharma & Healthcare Fund
Tata · 0.67% expense
- 416.0%20.4%23.6%+3.20.98%
ICICI Prudential Infrastructure Fund
ICICI Prudential · 0.98% expense
- 427.9%20.3%15.6%+3.10.69%
Invesco India Financial Services Fund
Invesco · 0.69% expense
- 4312.2%20.2%—+3.10.68%
ITI Pharma and Healthcare Fund
ITI · 0.68% expense
- 4418.9%20.2%12.5%+3.11.10%
NIPPON INDIA - US EQUITY OPPORTUNITIES FUND
Nippon India · 1.10% expense
- 4519.0%20.2%—+3.00.95%
quant Manufacturing Fund
quant · 0.95% expense
- 4617.1%20.1%19.9%+3.01.14%
Aditya Birla Sun Life Infrastructure Fund
Aditya Birla Sun Life · 1.14% expense
- 4713.8%19.9%20.4%+2.80.76%
quant Infrastructure Fund
quant · 0.76% expense
- 483.7%19.9%20.9%+2.70.83%
Franklin Build India Fund
Franklin Templeton · 0.83% expense
- 4915.9%19.5%13.2%+2.31.30%
Axis Innovation Fund
Axis · 1.30% expense
- 5010.5%19.2%14.1%+2.00.79%
NIPPON INDIA PHARMA FUND
Nippon India · 0.79% expense
- 519.6%19.0%17.9%+1.81.70%
Sundaram Infrastructure Advantage Fund
Sundaram · 1.70% expense
- 5217.6%18.9%11.2%+1.7—
Nippon India US Equity Opportunities Fund
Nippon India
- 5322.5%18.8%13.6%+1.70.99%
Edelweiss Recently Listed IPO Fund
Edelweiss · 0.99% expense
- 541.7%18.6%17.9%+1.40.73%
BANDHAN Infrastructure Fund
Bandhan · 0.73% expense
- 5512.6%18.4%20.5%+1.30.83%
HSBC Infrastructure Fund
HSBC · 0.83% expense
- 5623.5%18.4%20.0%+1.30.93%
quant ESG Integration Strategy Fund
quant · 0.93% expense
- 5713.9%18.4%15.4%+1.20.81%
ICICI Prudential Commodities Fund
ICICI Prudential · 0.81% expense
- 5811.3%18.4%14.0%+1.20.60%
Tata Resources & Energy Fund
Tata · 0.60% expense
- 5911.1%18.3%20.6%+1.10.72%
Kotak Infrastructure & Economic Reform Fund
Kotak Mahindra · 0.72% expense
- 6014.2%18.3%12.1%+1.11.61%
SBI COMMA Fund
SBI · 1.61% expense
- 612.1%18.1%—+1.00.61%
360 ONE QUANT FUND
360 ONE · 0.61% expense
- 628.3%17.8%—+0.60.66%
Kotak Business Cycle
Kotak Mahindra · 0.66% expense
- 634.0%17.8%16.9%+0.60.88%
HSBC Business Cycles Fund
HSBC · 0.88% expense
- 642.4%17.6%17.5%+0.50.64%
ICICI Prudential Business Cycle Fund
ICICI Prudential · 0.64% expense
- 652.2%17.3%13.8%+0.20.77%
SBI BANKING & FINANCIAL SERVICES FUND
SBI · 0.77% expense
- 663.9%17.3%—+0.10.55%
BANDHAN FINANCIAL SERVICES FUND
Bandhan · 0.55% expense
- 6712.5%17.2%20.4%+0.00.79%
quant Quantamental Fund
quant · 0.79% expense
- 6821.9%17.1%13.2%-0.10.97%
ICICI Prudential US Bluechip Equity Fund
ICICI Prudential · 0.97% expense
- 694.1%17.1%19.9%-0.10.57%
ICICI Prudential India Opportunities Fund
ICICI Prudential · 0.57% expense
- 706.5%17.0%15.6%-0.21.35%
ICICI Prudential Exports & Services Fund
ICICI Prudential · 1.35% expense
- 710.3%17.0%21.0%-0.21.14%
HDFC Infrastructure Fund
HDFC · 1.14% expense
- 727.9%16.9%15.8%-0.30.65%
Tata India Consumer Fund
Tata · 0.65% expense
- 739.6%16.7%19.0%-0.4—
Kotak Infrastructure & Economic Reform Fund - Standard Plan
Kotak Mahindra
- 747.6%16.7%15.4%-0.50.73%
Sundaram Services Fund
Sundaram · 0.73% expense
- 751.5%16.5%16.2%-0.7—
ICICI Prudential Business Cycle Fund Growth
ICICI Prudential
- 765.9%16.5%13.8%-0.70.68%
Baroda BNP Paribas Banking and Financial Services Fund
Baroda BNP Paribas · 0.68% expense
- 775.2%16.3%14.7%-0.90.45%
NIPPON INDIA QUANT FUND
Nippon India · 0.45% expense
- 786.8%16.2%18.2%-1.01.02%
SBI INFRASTRUCTURE FUND
SBI · 1.02% expense
- 796.9%16.1%—-1.0—
Kotak Business Cycle Fund
Kotak Mahindra
- 805.1%16.0%—-1.21.18%
Kotak Quant Fund
Kotak Mahindra · 1.18% expense
- 813.2%15.9%18.6%-1.3—
ICICI Prudential India Opportunities Fund - Cumulative Option
ICICI Prudential
- 825.2%15.9%15.0%-1.31.75%
UTI Infrastructure Fund
UTI · 1.75% expense
- 836.9%15.9%—-1.30.91%
Axis Business Cycles Fund
Axis · 0.91% expense
- 848.6%15.8%—-1.40.98%
Samco Active Momentum Fund
Samco · 0.98% expense
- 859.2%15.5%18.1%-1.70.99%
Tata Infrastructure Fund
Tata · 0.99% expense
- 867.0%15.0%—-2.20.83%
Baroda BNP Paribas Business Cycle Fund
Baroda BNP Paribas · 0.83% expense
- 8711.1%15.0%—-2.20.95%
Aditya Birla Sun Life Business Cycle Fund
Aditya Birla Sun Life · 0.95% expense
- 887.7%14.9%—-2.20.69%
Kotak Banking & Financial Services Fund
Kotak Mahindra · 0.69% expense
- 898.8%14.9%15.0%-2.30.80%
Sundaram Financial Services Opportunities Fund
Sundaram · 0.80% expense
- 905.7%14.9%—-2.30.71%
quant Business Cycle Fund
quant · 0.71% expense
- 915.4%14.8%13.0%-2.41.43%
UTI Banking and Financial Services Fund
UTI · 1.43% expense
- 923.9%14.7%15.7%-2.50.61%
Tata Business Cycle Fund
Tata · 0.61% expense
- 936.5%14.6%14.0%-2.60.52%
Mirae Asset Banking and Financial Services Fund
Mirae Asset · 0.52% expense
- 941.7%14.1%—-3.10.97%
ICICI PRUDENTIAL HOUSING OPPORTUNITIES FUND
ICICI Prudential · 0.97% expense
- 957.1%14.0%13.5%-3.20.87%
HDFC Banking & Financial Services Fund
HDFC · 0.87% expense
- 969.6%14.0%—-3.20.68%
ITI Banking and Financial Services Fund
ITI · 0.68% expense
- 973.8%13.9%14.4%-3.30.84%
Nippon India Banking & Financial Services Fund
Nippon India · 0.84% expense
- 983.4%13.9%12.0%-3.31.50%
ICICI Prudential Quant Fund
ICICI Prudential · 1.50% expense
- 99-1.6%13.9%11.3%-3.30.84%
ICICI Prudential ESG Exclusionary Strategy Fund
ICICI Prudential · 0.84% expense
- 1001.3%13.5%14.7%-3.70.43%
Mirae Asset Great Consumer Fund
Mirae Asset · 0.43% expense
- 1015.2%13.3%13.5%-3.90.49%
Tata Banking And Financial Services Fund
Tata · 0.49% expense
- 10212.0%13.3%13.4%-3.90.95%
ICICI Prudential MNC Fund
ICICI Prudential · 0.95% expense
- 1034.6%13.3%9.7%-3.91.20%
Aditya Birla Sun Life ESG Integration Strategy Fund
Aditya Birla Sun Life · 1.20% expense
- 104-0.1%13.3%13.4%-3.90.70%
CANARA ROBECO CONSUMPTION FUND
Canara Robeco · 0.70% expense
- 1052.9%13.3%11.1%-3.91.75%
UTI India Consumer Fund
UTI · 1.75% expense
- 106-2.7%13.2%—-3.91.14%
HDFC Consumption Fund
HDFC · 1.14% expense
- 1072.7%13.2%11.2%-4.0—
ICICI Prudential Quant Fund Growth
ICICI Prudential
- 1084.6%13.0%—-4.21.00%
HDFC Business Cycle Fund
HDFC · 1.00% expense
- 1090.4%12.8%13.1%-4.40.63%
Mahindra Manulife Consumption Fund
Mahindra Manulife · 0.63% expense
- 1100.9%12.6%15.3%-4.60.90%
ICICI Prudential Bharat Consumption Fund
ICICI Prudential · 0.90% expense
- 111-0.7%12.4%12.6%-4.80.60%
BARODA BNP PARIBAS India Consumption Fund
Baroda BNP Paribas · 0.60% expense
- 1124.6%12.3%10.8%-4.80.86%
Taurus Ethical Fund
Taurus · 0.86% expense
- 1135.4%12.3%12.2%-4.90.89%
Aditya Birla Sun Life Banking and Financial Services Fund
Aditya Birla Sun Life · 0.89% expense
- 114-1.2%12.3%14.6%-4.90.60%
NIPPON INDIA CONSUMPTION FUND
Nippon India · 0.60% expense
- 115-2.3%12.2%13.0%-4.91.25%
HDFC Housing Opportunities Fund
HDFC · 1.25% expense
- 116-4.0%12.0%8.8%-5.20.89%
Franklin India Technology Fund
Franklin Templeton · 0.89% expense
- 117-0.5%12.0%13.2%-5.21.26%
Sundaram Consumption Fund
Sundaram · 1.26% expense
- 1181.4%11.7%9.1%-5.50.97%
Kotak ESG Exclusionary Strategy Fund
Kotak Mahindra · 0.97% expense
- 119-4.2%11.6%11.9%-5.61.59%
Taurus Infrastructure Fund
Taurus · 1.59% expense
- 1205.7%11.6%10.0%-5.61.36%
UTI - MNC Fund
UTI · 1.36% expense
- 1211.4%11.5%9.2%-5.70.96%
Invesco India ESG Integration Strategy Fund
Invesco · 0.96% expense
- 1226.2%11.3%10.8%-5.80.82%
Axis Quant Fund
Axis · 0.82% expense
- 1232.1%11.2%9.8%-6.01.31%
SBI ESG Exclusionary Strategy Fund
SBI · 1.31% expense
- 124-2.8%11.1%11.5%-6.10.71%
Aditya Birla Sun Life Consumption Fund
Aditya Birla Sun Life · 0.71% expense
- 125-2.5%11.0%10.5%-6.20.87%
ICICI Prudential Banking and Financial Services Fund
ICICI Prudential · 0.87% expense
- 1260.4%11.0%7.5%-6.21.33%
Axis ESG Integration Strategy Fund
Axis · 1.33% expense
- 127-4.5%10.9%8.1%-6.30.92%
SBI TECHNOLOGY OPPORTUNITIES FUND
SBI · 0.92% expense
- 128-0.9%10.6%8.7%-6.60.74%
QUANTUM ESG BEST IN CLASS STRATEGY FUND
Quantum · 0.74% expense
- 1290.1%9.7%—-7.50.76%
Tata Housing Opportunities Fund
Tata · 0.76% expense
- 130-1.6%9.7%10.6%-7.51.43%
Taurus Banking & Financial Services Fund
Taurus · 1.43% expense
- 1315.0%9.7%11.7%-7.50.99%
LIC MF Banking and Financial Services Fund
LIC · 0.99% expense
- 1327.9%9.5%—-7.71.39%
HDFC MNC Fund
HDFC · 1.39% expense
- 133-1.7%9.5%7.3%-7.71.10%
Aditya Birla Sun Life MNC Fund
Aditya Birla Sun Life · 1.10% expense
- 13417.9%9.3%10.0%-7.91.18%
SBI MNC Fund
SBI · 1.18% expense
- 1352.2%9.0%6.8%-8.20.47%
DSP Quant Fund
DSP · 0.47% expense
- 136-3.9%9.0%5.2%-8.20.90%
ICICI Prudential Technology Fund
ICICI Prudential · 0.90% expense
- 1370.1%8.9%10.0%-8.30.42%
SBI Equity Minimum Variance Fund
SBI · 0.42% expense
- 138-5.2%8.2%14.1%-9.00.95%
SBI CONSUMPTION OPPORTUNITIES FUND
SBI · 0.95% expense
- 139-7.5%7.7%5.2%-9.40.50%
Tata Digital India Fund
Tata · 0.50% expense
- 140-1.7%6.8%8.0%-10.30.62%
Tata Ethical Fund
Tata · 0.62% expense
- 141-3.5%6.8%5.3%-10.40.76%
Aditya Birla Sun Life Digital India Fund
Aditya Birla Sun Life · 0.76% expense
- 142-13.7%-1.6%7.0%-18.81.12%
ICICI Prudential FMCG Fund
ICICI Prudential · 1.12% expense
Not enough history to rank
These 124 funds do not yet have a full 3Y NAV record, so ranking them against the funds above would compare different periods.
How to read the table below
Returns are annualised and computed from our own AMFI NAV history rather than taken from a fund factsheet, so every fund on this page is measured to the same date on the same basis. The category average is calculated across the same set.
Expense ratio is the annual cost, already deducted from the NAV you see. Direct plans cost less than regular plans because they carry no distributor commission.
Past returns describe what happened; they are not a forecast.
Frequently asked questions
How are Sectoral / Thematic funds ranked on this page?+
By three-year annualised return, computed from official AMFI NAV history to a common date, so every fund is measured on the same basis. Funds without a full three-year record are listed separately rather than ranked against funds that have one.
Are these returns after fees?+
Yes. Returns are calculated from NAV, and the expense ratio is already deducted from NAV daily. The expense-ratio column tells you what that ongoing cost is.
How this page is produced
Every figure above is computed from our own archive of the official AMFI NAV file, going back to 2006, to NAV dated 18 Aug 2026. Nothing is copied from a fund factsheet or a third-party data vendor, which is why every fund on this page can be measured to the same date on the same basis. The full method is published, including its limitations.
Written and maintained by Azad Mohammed, who built the pipeline these numbers come out of. Found an error? Tell us — corrections are made and the page rebuilds within the hour.
This page describes what each fund has done. It is not investment advice and not a recommendation to buy or sell any scheme. Arthkar is not a SEBI-registered investment adviser and does not provide or arrange investment advice. Mutual fund investments are subject to market risk; read all scheme related documents carefully.
