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 271 Sectoral / Thematic funds, ranked
Ordered by three-year annualised return, computed from official AMFI NAV history to a common date.
NAV as of 4 Oct 2026
Category average over 3Y: 14.0% a year across 149 funds with a full record.
- 1115.9%61.3%—+47.30.72%
Nippon India Taiwan Equity Fund
Nippon India · 0.72% expense
- 220.0%36.3%—+22.30.83%
HDFC Defence Fund
HDFC · 0.83% expense
- 326.9%30.2%—+16.20.92%
HDFC Pharma and Healthcare Fund
HDFC · 0.92% expense
- 429.5%24.9%11.7%+10.91.10%
NIPPON INDIA - JAPAN EQUITY FUND
Nippon India · 1.10% expense
- 531.1%24.7%9.5%+10.71.15%
Franklin Asian Equity Fund
Franklin Templeton · 1.15% expense
- 64.2%23.7%—+9.71.01%
HDFC Transportation and Logistics Fund
HDFC · 1.01% expense
- 728.1%23.5%10.3%+9.5—
Nippon India Japan Equity Fund
Nippon India
- 817.6%23.5%15.2%+9.51.60%
Aditya Birla Sun Life International Equity Fund
Aditya Birla Sun Life · 1.60% expense
- 920.3%23.3%17.5%+9.31.02%
SBI Healthcare Opportunities Fund
SBI · 1.02% expense
- 1016.7%23.2%15.0%+9.21.28%
UTI Healthcare Fund
UTI · 1.28% expense
- 117.8%22.8%21.2%+8.80.69%
LIC MF Infrastructure Fund
LIC · 0.69% expense
- 1220.1%22.6%15.0%+8.60.44%
Mirae Asset Healthcare Fund
Mirae Asset · 0.44% expense
- 137.6%21.8%15.4%+7.80.87%
ICICI Prudential Pharma Healthcare and Diagnostics (P.H.D) Fund
ICICI Prudential · 0.87% expense
- 1414.2%21.6%11.7%+7.60.96%
LIC MF Healthcare Fund
LIC · 0.96% expense
- 1515.4%21.4%20.1%+7.40.61%
BANK OF INDIA Manufacturing & Infrastructure Fund
Bank of India · 0.61% expense
- 1615.3%21.2%15.1%+7.20.51%
DSP Healthcare Fund
DSP · 0.51% expense
- 1715.1%21.1%12.8%+7.11.10%
NIPPON INDIA - US EQUITY OPPORTUNITIES FUND
Nippon India · 1.10% expense
- 183.4%21.0%—+7.00.75%
ICICI PRUDENTIAL TRANSPORTATION AND LOGISTICS FUND
ICICI Prudential · 0.75% expense
- 196.7%20.8%14.4%+6.8—
ICICI Prudential Pharma Healthcare and Diagnostics (P.H.D) Fund - Cumulative Option
ICICI Prudential
- 2017.7%20.7%13.6%+6.70.84%
Aditya Birla Sun Life Pharma and Healthcare Fund
Aditya Birla Sun Life · 0.84% expense
- 2117.9%20.6%—+6.60.85%
quant Healthcare Fund
quant · 0.85% expense
- 2219.1%20.6%14.4%+6.61.09%
Aditya Birla Sun Life Manufacturing Equity Fund
Aditya Birla Sun Life · 1.09% expense
- 2310.8%20.4%—+6.40.79%
quant BFSI Fund
quant · 0.79% expense
- 2414.7%20.4%—+6.30.61%
Kotak Manufacture in India Fund
Kotak Mahindra · 0.61% expense
- 258.5%20.2%15.0%+6.20.53%
Kotak Pioneer Fund
Kotak Mahindra · 0.53% expense
- 261.8%19.8%17.5%+5.80.92%
Franklin India Opportunities Fund
Franklin Templeton · 0.92% expense
- 2713.9%19.8%11.5%+5.8—
Nippon India US Equity Opportunities Fund
Nippon India
- 2812.5%19.5%—+5.50.68%
ITI Pharma and Healthcare Fund
ITI · 0.68% expense
- 2910.8%19.2%20.1%+5.21.09%
DSP India T.I.G.E.R. Fund
DSP · 1.09% expense
- 3010.9%19.1%15.0%+5.10.72%
DSP Natural Resources and New Energy Fund
DSP · 0.72% expense
- 310.4%19.1%—+5.10.68%
ICICI Prudential PSU Equity Fund
ICICI Prudential · 0.68% expense
- 328.1%19.0%13.7%+5.00.67%
Tata India Pharma & Healthcare Fund
Tata · 0.67% expense
- 334.3%18.8%17.6%+4.80.66%
ICICI Prudential Manufacturing Fund
ICICI Prudential · 0.66% expense
- 3411.5%18.4%13.2%+4.40.97%
Aditya Birla Sun Life Special Opportunities Fund
Aditya Birla Sun Life · 0.97% expense
- 35-0.2%18.3%20.9%+4.30.85%
SBI PSU Fund
SBI · 0.85% expense
- 3612.0%18.2%13.1%+4.21.00%
NIPPON INDIA PHARMA FUND
Nippon India · 1.00% expense
- 3712.7%18.1%11.2%+4.01.30%
Axis Innovation Fund
Axis · 1.30% expense
- 384.4%18.0%17.9%+4.00.75%
Invesco India Infrastructure Fund
Invesco · 0.75% expense
- 390.6%18.0%—+4.00.63%
ICICI Prudential Innovation Fund
ICICI Prudential · 0.63% expense
- 400.6%17.9%—+3.90.73%
BANDHAN TRANSPORTATION AND LOGISTICS FUND
Bandhan · 0.73% expense
- 417.7%17.8%—+3.80.71%
Union Innovation & Opportunities Fund
Union · 0.71% expense
- 42-4.1%17.8%18.8%+3.80.78%
Invesco India PSU Equity Fund
Invesco · 0.78% expense
- 43-1.3%17.7%18.4%+3.70.84%
CANARA ROBECO INFRASTRUCTURE FUND
Canara Robeco · 0.84% expense
- 443.2%17.6%20.7%+3.60.56%
Aditya Birla Sun Life PSU Equity Fund
Aditya Birla Sun Life · 0.56% expense
- 453.3%17.5%16.5%+3.5—
ICICI Prudential Manufacturing Fund - Cumulative Option
ICICI Prudential
- 465.2%17.2%19.1%+3.21.15%
NIPPON INDIA POWER & INFRA FUND
Nippon India · 1.15% expense
- 4718.7%17.1%17.2%+3.10.93%
quant ESG Integration Strategy Fund
quant · 0.93% expense
- 4813.1%17.0%12.7%+3.00.97%
ICICI Prudential US Bluechip Equity Fund
ICICI Prudential · 0.97% expense
- 4919.7%17.0%11.3%+3.00.99%
Edelweiss Recently Listed IPO Fund
Edelweiss · 0.99% expense
- 50-3.9%16.9%18.3%+2.90.87%
UTI Transportation and Logistics Fund
UTI · 0.87% expense
- 516.0%16.8%16.6%+2.80.76%
quant Infrastructure Fund
quant · 0.76% expense
- 52-1.3%16.4%19.5%+2.41.28%
ICICI Prudential Infrastructure Fund
ICICI Prudential · 1.28% expense
- 533.1%16.3%—+2.30.48%
Mahindra Manulife Business Cycle Fund
Mahindra Manulife · 0.48% expense
- 5411.5%16.3%16.7%+2.31.14%
Aditya Birla Sun Life Infrastructure Fund
Aditya Birla Sun Life · 1.14% expense
- 552.4%16.2%12.8%+2.20.69%
Invesco India Financial Services Fund
Invesco · 0.69% expense
- 569.9%15.8%—+1.80.95%
quant Manufacturing Fund
quant · 0.95% expense
- 575.4%15.6%17.6%+1.60.72%
Kotak Infrastructure & Economic Reform Fund
Kotak Mahindra · 0.72% expense
- 580.5%15.6%14.3%+1.60.88%
HSBC Business Cycles Fund
HSBC · 0.88% expense
- 5915.8%15.5%—+1.50.98%
Samco Active Momentum Fund
Samco · 0.98% expense
- 603.6%15.4%—+1.40.66%
Kotak Business Cycle
Kotak Mahindra · 0.66% expense
- 616.9%15.1%17.1%+1.10.83%
HSBC Infrastructure Fund
HSBC · 0.83% expense
- 623.5%14.9%11.3%+0.90.60%
Tata Resources & Energy Fund
Tata · 0.60% expense
- 636.0%14.9%18.1%+0.90.79%
quant Quantamental Fund
quant · 0.79% expense
- 64-4.1%14.7%16.9%+0.70.83%
Franklin Build India Fund
Franklin Templeton · 0.83% expense
- 65-3.3%14.6%11.4%+0.60.77%
SBI BANKING & FINANCIAL SERVICES FUND
SBI · 0.77% expense
- 666.6%14.6%9.2%+0.61.61%
SBI COMMA Fund
SBI · 1.61% expense
- 673.7%14.6%13.6%+0.60.81%
ICICI Prudential Commodities Fund
ICICI Prudential · 0.81% expense
- 68-4.4%14.6%15.9%+0.60.73%
BANDHAN Infrastructure Fund
Bandhan · 0.73% expense
- 69-0.7%14.5%—+0.50.66%
HSBC Consumption Fund
HSBC · 0.66% expense
- 701.0%14.4%14.1%+0.41.70%
Sundaram Infrastructure Advantage Fund
Sundaram · 1.70% expense
- 71-5.7%14.1%14.0%+0.10.64%
ICICI Prudential Business Cycle Fund
ICICI Prudential · 0.64% expense
- 724.0%14.1%16.0%+0.0—
Kotak Infrastructure & Economic Reform Fund - Standard Plan
Kotak Mahindra
- 73-1.6%14.0%—-0.00.55%
BANDHAN FINANCIAL SERVICES FUND
Bandhan · 0.55% expense
- 740.5%13.8%12.9%-0.21.78%
ICICI Prudential Exports & Services Fund
ICICI Prudential · 1.78% expense
- 752.3%13.8%—-0.2—
Kotak Business Cycle Fund
Kotak Mahindra
- 76-7.0%13.6%—-0.40.61%
360 ONE QUANT FUND
360 ONE · 0.61% expense
- 77-1.1%13.4%—-0.60.61%
Nippon India Innovation Fund
Nippon India · 0.61% expense
- 780.3%13.3%10.7%-0.70.68%
Baroda BNP Paribas Banking and Financial Services Fund
Baroda BNP Paribas · 0.68% expense
- 79-6.6%13.0%12.8%-1.0—
ICICI Prudential Business Cycle Fund Growth
ICICI Prudential
- 800.8%13.0%12.2%-1.00.65%
Tata India Consumer Fund
Tata · 0.65% expense
- 81-3.6%12.9%15.4%-1.10.57%
ICICI Prudential India Opportunities Fund
ICICI Prudential · 0.57% expense
- 82-5.3%12.9%17.8%-1.11.14%
HDFC Infrastructure Fund
HDFC · 1.14% expense
- 83-3.1%12.8%—-1.21.18%
Kotak Quant Fund
Kotak Mahindra · 1.18% expense
- 840.1%12.8%12.0%-1.20.73%
Sundaram Services Fund
Sundaram · 0.73% expense
- 850.9%12.6%—-1.40.91%
Axis Business Cycles Fund
Axis · 0.91% expense
- 86-3.9%12.3%11.9%-1.70.45%
NIPPON INDIA QUANT FUND
Nippon India · 0.45% expense
- 871.5%12.1%10.6%-1.90.83%
Baroda BNP Paribas Business Cycle Fund
Baroda BNP Paribas · 0.83% expense
- 884.6%12.1%—-1.90.95%
Aditya Birla Sun Life Business Cycle Fund
Aditya Birla Sun Life · 0.95% expense
- 89-0.3%12.1%10.5%-2.01.36%
UTI Banking and Financial Services Fund
UTI · 1.36% expense
- 90-0.1%12.0%14.9%-2.01.02%
SBI INFRASTRUCTURE FUND
SBI · 1.02% expense
- 912.4%11.9%15.1%-2.11.21%
Tata Infrastructure Fund
Tata · 1.21% expense
- 92-4.4%11.8%14.2%-2.2—
ICICI Prudential India Opportunities Fund - Cumulative Option
ICICI Prudential
- 930.0%11.6%11.4%-2.40.52%
Mirae Asset Banking and Financial Services Fund
Mirae Asset · 0.52% expense
- 941.1%11.4%11.0%-2.60.87%
HDFC Banking & Financial Services Fund
HDFC · 0.87% expense
- 951.9%11.4%12.7%-2.60.80%
Sundaram Financial Services Opportunities Fund
Sundaram · 0.80% expense
- 96-2.5%11.4%12.3%-2.61.75%
UTI Infrastructure Fund
UTI · 1.75% expense
- 970.1%11.3%—-2.70.69%
Kotak Banking & Financial Services Fund
Kotak Mahindra · 0.69% expense
- 982.8%11.3%—-2.80.71%
quant Business Cycle Fund
quant · 0.71% expense
- 99-2.5%10.7%9.4%-3.31.50%
ICICI Prudential Quant Fund
ICICI Prudential · 1.50% expense
- 100-8.2%10.7%9.1%-3.30.84%
ICICI Prudential ESG Exclusionary Strategy Fund
ICICI Prudential · 0.84% expense
- 101-2.0%10.7%11.9%-3.31.05%
Nippon India Banking & Financial Services Fund
Nippon India · 1.05% expense
- 1021.5%10.6%—-3.40.68%
ITI Banking and Financial Services Fund
ITI · 0.68% expense
- 1030.2%10.5%—-3.51.00%
HDFC Business Cycle Fund
HDFC · 1.00% expense
- 104-1.9%10.3%11.1%-3.70.49%
Tata Banking And Financial Services Fund
Tata · 0.49% expense
- 105-4.9%10.1%—-3.90.97%
ICICI PRUDENTIAL HOUSING OPPORTUNITIES FUND
ICICI Prudential · 0.97% expense
- 106-3.1%10.1%8.7%-3.9—
ICICI Prudential Quant Fund Growth
ICICI Prudential
- 107-2.6%10.0%6.3%-4.01.20%
Aditya Birla Sun Life ESG Integration Strategy Fund
Aditya Birla Sun Life · 1.20% expense
- 108-3.0%10.0%12.9%-4.00.61%
Tata Business Cycle Fund
Tata · 0.61% expense
- 1092.2%9.6%10.7%-4.40.95%
ICICI Prudential MNC Fund
ICICI Prudential · 0.95% expense
- 110-7.3%9.5%11.2%-4.50.43%
Mirae Asset Great Consumer Fund
Mirae Asset · 0.43% expense
- 111-7.1%9.4%10.1%-4.60.70%
CANARA ROBECO CONSUMPTION FUND
Canara Robeco · 0.70% expense
- 112-5.6%9.2%8.7%-4.80.87%
ICICI Prudential Banking and Financial Services Fund
ICICI Prudential · 0.87% expense
- 113-1.4%8.6%9.4%-5.40.89%
Aditya Birla Sun Life Banking and Financial Services Fund
Aditya Birla Sun Life · 0.89% expense
- 114-9.3%8.5%10.2%-5.50.63%
Mahindra Manulife Consumption Fund
Mahindra Manulife · 0.63% expense
- 115-9.6%8.5%9.3%-5.50.60%
BARODA BNP PARIBAS India Consumption Fund
Baroda BNP Paribas · 0.60% expense
- 116-2.9%8.4%7.9%-5.60.86%
Taurus Ethical Fund
Taurus · 0.86% expense
- 117-9.8%8.4%—-5.71.14%
HDFC Consumption Fund
HDFC · 1.14% expense
- 118-8.8%8.3%7.4%-5.71.75%
UTI India Consumer Fund
UTI · 1.75% expense
- 119-8.7%8.2%11.0%-5.80.90%
ICICI Prudential Bharat Consumption Fund
ICICI Prudential · 0.90% expense
- 120-8.1%8.2%10.2%-5.81.25%
HDFC Housing Opportunities Fund
HDFC · 1.25% expense
- 121-3.9%8.2%6.1%-5.80.96%
Invesco India ESG Integration Strategy Fund
Invesco · 0.96% expense
- 122-10.2%8.1%10.8%-5.90.86%
NIPPON INDIA CONSUMPTION FUND
Nippon India · 0.86% expense
- 123-5.0%8.0%7.2%-6.11.38%
SBI ESG Exclusionary Strategy Fund
SBI · 1.38% expense
- 124-2.9%7.9%7.9%-6.10.82%
Axis Quant Fund
Axis · 0.82% expense
- 125-11.0%7.9%6.4%-6.11.17%
Franklin India Technology Fund
Franklin Templeton · 1.17% expense
- 126-3.8%7.9%7.2%-6.11.35%
UTI - MNC Fund
UTI · 1.35% expense
- 127-6.9%7.8%6.4%-6.20.97%
Kotak ESG Exclusionary Strategy Fund
Kotak Mahindra · 0.97% expense
- 128-5.5%7.8%4.8%-6.21.33%
Axis ESG Integration Strategy Fund
Axis · 1.33% expense
- 129-8.9%7.8%6.1%-6.21.06%
SBI TECHNOLOGY OPPORTUNITIES FUND
SBI · 1.06% expense
- 130-9.0%7.7%9.7%-6.31.26%
Sundaram Consumption Fund
Sundaram · 1.26% expense
- 131-10.0%7.5%8.3%-6.50.70%
Aditya Birla Sun Life Consumption Fund
Aditya Birla Sun Life · 0.70% expense
- 132-6.3%7.1%8.2%-6.91.43%
Taurus Banking & Financial Services Fund
Taurus · 1.43% expense
- 133-6.6%6.9%6.2%-7.10.74%
QUANTUM ESG BEST IN CLASS STRATEGY FUND
Quantum · 0.74% expense
- 134-0.1%6.8%—-7.21.39%
HDFC MNC Fund
HDFC · 1.39% expense
- 13513.9%6.8%7.7%-7.21.38%
SBI MNC Fund
SBI · 1.38% expense
- 136-4.0%6.7%—-7.30.76%
Tata Housing Opportunities Fund
Tata · 0.76% expense
- 137-14.0%6.3%9.0%-7.71.59%
Taurus Infrastructure Fund
Taurus · 1.59% expense
- 138-4.1%6.1%8.8%-7.90.99%
LIC MF Banking and Financial Services Fund
LIC · 0.99% expense
- 139-6.5%6.0%7.0%-8.00.42%
SBI Equity Minimum Variance Fund
SBI · 0.42% expense
- 140-5.8%6.0%3.7%-8.00.47%
DSP Quant Fund
DSP · 0.47% expense
- 141-10.7%5.2%4.6%-8.81.10%
Aditya Birla Sun Life MNC Fund
Aditya Birla Sun Life · 1.10% expense
- 142-12.6%5.1%—-8.91.05%
HDFC Technology Fund
HDFC · 1.05% expense
- 143-10.4%4.8%2.5%-9.21.22%
ICICI Prudential Technology Fund
ICICI Prudential · 1.22% expense
- 144-13.4%4.3%10.3%-9.71.13%
SBI CONSUMPTION OPPORTUNITIES FUND
SBI · 1.13% expense
- 145-8.7%3.9%5.3%-10.10.85%
Tata Ethical Fund
Tata · 0.85% expense
- 146-12.9%3.7%2.2%-10.30.50%
Tata Digital India Fund
Tata · 0.50% expense
- 147-7.9%3.6%3.2%-10.40.76%
Aditya Birla Sun Life Digital India Fund
Aditya Birla Sun Life · 0.76% expense
- 148-9.6%3.3%—-10.72.28%
quant Teck Fund
quant · 2.28% expense
- 149-20.1%-4.4%3.4%-18.41.69%
ICICI Prudential FMCG Fund
ICICI Prudential · 1.69% expense
Not enough history to rank
These 122 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 4 Oct 2026. Nothing here is copied from a factsheet or a third-party summary. 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.
