Official AMFI data
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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.

#Fund3Y
Median expense ratio in this category: 0.84%. Direct plans cost less than regular plans — the same fund appears once here, on its longest-running plan.

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.

Aditya Birla Sun Life Commodity Equities Fund - Global Agri PlanAditya Birla Sun Life Conglomerate FundAditya Birla Sun Life Quant FundAditya Birla Sun Life Transportation and Logistics FundAxis Consumption FundAxis India Manufacturing FundAxis Momentum FundAxis Services Opportunities FundBajaj Finserv Banking and Financial Services FundBAJAJ FINSERV CONSUMPTION FUNDBAJAJ FINSERV HEALTHCARE FUNDBandhan Business Cycle FundBandhan Healthcare FundBandhan Innovation FundBandhan Multi-Factor FundBank of India Banking & Financial Services FundBank of India Business Cycle FundBank of India Consumption FundBaroda BNP Paribas Best-in-Class Strategy FundBaroda BNP Paribas Business Conglomerates FundBaroda BNP Paribas Energy Opportunities FundBaroda BNP Paribas Health and Wellness FundBaroda BNP Paribas Innovation FundBaroda BNP Paribas Manufacturing FundCanara Robeco Banking and Financials Services FundCanara Robeco Manufacturing FundDSP Banking & Financial Services FundDSP Business Cycle FundEdelweiss Business Cycle FundEdelweiss Consumption FundEdelweiss Financial Services FundEdelweiss Technology FundFranklin India Multi-Factor FundGroww Banking & Financial Services FundHDFC INNOVATION FUNDHDFC Manufacturing fundHDFC Pharma and Healthcare FundHDFC Technology FundHelios Financial Services FundHSBC Consumption FundHSBC Financial Services FundHSBC India Export Opportunities FundICICI Prudential Active Momentum FundICICI Prudential Business Cycle Fund IDCWICICI Prudential Conglomerate FundICICI PRUDENTIAL ENERGY OPPORTUNITIES FUNDICICI Prudential Equity Minimum Variance FundICICI Prudential Quality FundICICI Prudential Quant Fund IDCWICICI Prudential Rural Opportunities FundInvesco India Business Cycle FundInvesco India Consumption FundInvesco India Manufacturing FundInvesco India Technology FundITI Bharat Consumption FundITI Business Cycle FundJioBlackRock Sector Rotation FundKotak Active Momentum FundKotak Consumption FundKotak Energy Opportunities FundKotak Healthcare FundKotak MNC FundKotak Rural Opportunities FundKotak Services FundKotak Special Opportunities FundKotak Technology FundKotak Transportation & Logistics FundLIC MF Consumption FundLIC MF Manufacturing FundLIC MF Technology FundMahindra Manulife Banking & Financial Services FundMahindra Manulife Business Cycle FundMahindra Manulife Innovation Opportunities FundMahindra Manulife Manufacturing FundMirae Asset Infrastructure FundMotilal Oswal Active Momentum FundMotilal Oswal Business Cycle FundMotilal Oswal Consumption FundMotilal Oswal Digital India FundMotilal Oswal Financial Services FundMotilal Oswal Infrastructure FundMotilal Oswal Innovation Opportunities FundMotilal Oswal Manufacturing FundMotilal Oswal Quant FundMotilal Oswal Services FundMotilal Oswal Special Opportunities FundMotilal Owsal Manufacturing FundNippon India Active Momentum FundNippon India Innovation FundNippon India MNC FundPGIM India Healthcare Fundquant Commodities Fundquant Consumption Fundquant Momentum Fundquant PSU Fundquant Teck FundQuantum Ethical FundSamco Special Opportunities FundSBI Automotive Opportunities FundSBI Energy Opportunities FundSBI Innovative Opportunities FundSBI Quality FundSBI Quant FundShriram Multi Sector Rotation FundSundaram Business Cycle FundSundaram Financial Services Opportunities Fund Institutional PlanSundaram Multi-Factor FundTATA Banking & Financial Services FundTata India Innovation FundTATA India Pharma & Health Care FundTHE WEALTH COMPANY ETHICAL FUNDUnion Active Momentum FundUnion Business Cycle FundUnion Consumption FundUnion Innovation & Opportunities FundUTI Innovation FundUTI Quant FundWhiteOak Capital Banking & Financial Services FundWhiteOak Capital Consumption Opportunities FundWhiteOak Capital Digital Bharat FundWhiteOak Capital ESG Best-In-Class Strategy FundWhiteOak Capital Pharma and Heathcare FundWhiteOak Capital Quality Equity FundWhiteOak Capital Special Opportunities Fund

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.

Returns are annualised over 3Y and the category average is calculated across the same set of funds shown above. Tax rules summarised on this page are general and current for FY 2026-27 — confirm your own position with a qualified tax adviser.

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.